QROPS for US Residents

edward222 · Apr 7, 2015

credit to : Offshore News Flash : http://www.offshorenewsflash.com/2015/04/07/qrops-for-us-residents-fatca-irs-compliant/

For British pension holders in the US, transferring into a Qualifying Recognised Overseas Pension Scheme (QROPS) is now commonplace. These pension solutions are widely accessible to all US residents or nationals who have accrued pensions from their time working in the UK, and are an invaluable aspect of financial planning that meets the regulations imposed by FATCA.

There are a few financial advisers who see transfers to QROPS for US residents as being overly complexand fee-laden, but a new batch of FATCA-compliant schemes are now readily available with low fees and a simplified process. It is the introduction of these schemes all based in the regulated jurisdiction of Malta which has sparked a surge in transfer activity Stateside.
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I heard about QROPS but I didnt think that theyre benefits especially in the retirement plans are great.

Does anyone here already familiar with this?

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QROPS for US Residents

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QROPS for US Residents

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