Other key benefits of QNUPS include having greater access to your pension, immediate exemption from IHT, and the ability to profit from establishing pension funds in a tax efficient environment. Available to UK permanent residents, tax residents and UK domiciled residents, as well as overseas residents, any individual looking to fund their pension scheme will certainly benefit greatly, as long as their residing country’s legislative laws permit. Though varying countries will have varying laws in some aspects, such as the required age to access pension funds, the main benefits of QNUPS that are listed above are ubiquitous of every qualifying country.
10X Wealth Management’s advisors are well-versed in the jurisdiction and requirements for establishing a QNUPS-compliant pension scheme, and provide professional, expert advice on a case by case basis. Contact us today and find out if your current lifestyle needs will benefit from a QNUPS scheme.
