QNUPS for Expats
Understanding the Benefits of QNUPS for International Retirement Planning
A QNUPS gives you a clear, obligation-free way to explore international pension options. We help you understand whether your retirement savings are structured efficiently, taking advantage of tax benefits, and aligned with your long-term goals. Whether a QNUPS is right for you or not, we provide practical guidance tailored to your situation.
Exploring QNUPS: Key Questions Answered
A QNUPS can offer flexibility and tax advantages for expats, but you might have questions about whether it’s right for you and how it works. Below, we answer the most common queries in a clear, practical way.
Who Qualifies for a QNUPS?
A QNUPS can be suitable for a variety of investors looking for international pension solutions:
- Existing pension funds, such as the Shell Overseas Contributory Pension Fund (SOCPF), can sometimes be transferred into a QNUPS.
- Cash can be invested directly in a QNUPS.
- Companies can be structured within a QNUPS to receive dividends or other income inside the tax-efficient wrapper.
What Can I Invest in Within a QNUPS?
A QNUPS allows you to hold a range of investments, giving you flexibility to align with your financial goals:
- Cash, shares, and other securities.
- Property, including overseas real estate in some cases.
- Investments in multiple major currencies, such as GBP, EUR, or USD, help manage foreign exchange risk.
What Are the Tax Advantages of a QNUPS?
QNUPS are designed to provide potential tax benefits for international retirement planning:
- Investments grow on a gross roll-up basis, without UK tax being deducted.
- Not bound by UK pension rules, including the Lifetime Allowance.
- You may take a 30% lump sum at retirement.
- Potential reduction or avoidance of UK inheritance tax.
Key Advantages of a QNUPS
QNUPS provide expats with flexibility and tax efficiency while offering a range of investment options. Here’s a quick overview of the main benefits.
Gross Roll-Up
Investments in a QNUPS grow tax-free, giving your retirement savings the chance to compound efficiently.
No UK Pension Limits
QNUPS are not restricted by UK rules such as the Lifetime Allowance, giving you more freedom over your pension.
30% Lump Sum
Take up to 30% of your pension as a tax-free lump sum at retirement.
Property Investment
Invest directly into property inside a QNUPS to diversify your portfolio.
Multi-Currency Options
Hold investments in major currencies like GBP, EUR, or USD to manage exchange rate exposure.
Property Investment
Invest directly into property inside a QNUPS to diversify your portfolio.
Multi-Currency Options
Hold investments in major currencies like GBP, EUR, or USD to manage exchange rate exposure.
Learn More About International Pension Options
If you’re looking for a way to potentially boost your retirement income and take advantage of valuable tax breaks, a QNUPS could be worth considering. Speak to a financial advisor to find out more.
For more information on international pension transfers, including QROPS, visit our Knowledge Centre.
Ready to Get Started?
Take the first step toward smarter, tax-efficient retirement planning. Fill out the form below, and one of our financial advisors will get in touch to discuss whether a QNUPS is right for you.
What does the obligation free call include?
An initial 15-minute introduction call explaining our services and how we can help.
We go through a fact-finding exercise so we can then provide a full financial planning report including a personalised retirement forecast with future projections and work out how on track you are.
Lastly, we will provide a recommendation on any areas where we feel you could improve.
Who is SJB Global and meet your adviser
Our regulations, Independence and Fees
Our process from start to finish
Area we help with including:
UK Pension Advice
Retirement Planning
Investment Planning
Tax Planning
US Expat Services
International Estate Planning
Note: Minimum managed assets for SJB Global is £100,000 or currency equivalent.
Licensing & Regulations
Nexus Global specialises in providing a regulatory platform and compliance support to international financial advisers and intermediaries to enable them to meet regulatory requirements to provide their clients with a professional service. The financial advisers trading under SJB Global are members of Nexus Global. Nexus Global is a division of Blacktower Financial Management (International) Limited (BFMI). All approved members of Nexus Global are appointed representatives of BFMI. BFMI is licensed and regulated by the Gibraltar Financial Services Commission (FSC) and bound by the rules under licence number 3647: http://www.fsc.gi/regulated-entity/blacktower-financial-management-international-limited-3647.