How To Shift Your Pension Overseas

QROPS is a pension strategy that allows you to transfer your pension overseas without losing benefits. My hubby and I have both been lucky enough to have had fantastic careers and from a young age, decided to save towards retirement. We could of said “oh well, we can do that next year”. None the less, we did not want to leave ourselves in awkward status should anything happen to one of us. We realised a long time ago that the UK based state pension would simply not be enough for us to live on and keep our existing life-style. Our ambition was to buy a villa in Spain and live there full time. Spain was our lifelong holiday destination so we knew it well. We had also checked out villas that would be most suited.

We looked on the internet and found a corporation that dealt with transferring personal pensions to foreign countries. They not only help with pension transfers, but guarantee that you get the best possible deal with your pension system. It is called QROPS pension and the aim is to allow people extra flexibility, ease of mind and greater choice when it comes to investing. So now that our state and individual pensions are in order, we can go to Spain and buy our villa.