UK Pension Transfers to France
UK pension transfers to QROPS in France haven’t been allowed for many years now.
However, you can transfer it to a QROPS in Malta with no tax charge upon transfer. Qualifying Recognised Overseas Penison Schemes in Malta are regulated by the MFSA.
Malta is a European country with over 70 Double Taxation Agreements with countries around the world.
You need to seek professional advice before deciding whether to transfer a pension offshore or not. Each case is unique and there isn’t a one size fits all solution.
How to Transfer a UK Pension to a QROPS in Europe
It can take several months to transfer a pension to QROPS in Malta. An adviser can guide you through the process.
Please contact us for more information.