QROPS China. Pension Tax Relief
British expats living in China or wishing to retire in China can now transfer their pension into a QROPS China to maximize pension tax relief. UK expats living or working in China can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore.
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Why work or retire in China as a UK