EURBS (European Union Retirement Benefits Scheme)
EURBS stands for the European Union Retirement Benefits Scheme. This is an overseas pension scheme into which certain EU pension rights can be transferred. The Schengen agreement of 1985 allows free movement of goods, persons, services and capital. As such, if you are from an EU member country and working in another country, you may be able to transfer your pension into an EURBS to mitigate tax. EURBS is a type of QROPS pension transfer for Europeans.
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