Can a US resident transfer a UK pension to a The Overseas Pension – QROPS?
The trustees would consider the transfer if the client has taken specific US tax advice and the opinion was favourable. The client would need to share the written advice with the trustees. We are aware of developments to structure a QROPS that is compatible with US tax laws and we hope to have further information available in the near future.
Related Questions
- Can my existing UK pension transfer investments "in specie" rather than selling them and transferring cash to the QROPS?
- What are the IHT implications for an overseas transfer to a QROPS assuming a member remains UK domicile?
- How long does it take to transfer UK pension rights to a QROPS and how is the process initiated?
