Thursday 5 May 2016

British Pensioner 55+ Living in Oz? | QROPS Australia

Transfer Pension to Australia | QROPS Australia



British expatriates in Australia who are over 55 years old have now been told they can transfer their UK pensions to an Australian SMSF which is a qualified Recognised Overseas Pension Scheme as long as the deeds have been re-written to only allow Brits over 55 to comply with British pension rules.



Australian pensions face no tax after age 60, giving British expats a huge tax relief rather than paying tax on their pensions in the UK.



Good news for British pensioners in Oz!