Every year thousands of people from the UK permanently move to, and settle in France. Around a quarter of a million UK expats live in France with the aim of never returning.
QROPS.net has helped in excess of 1000 individuals who are or have retired to France and want to take their UK pension with them. With our extensive experience, we are well positioned to offer the very best advice for anyone with a UK pension who is planning on moving to France.
Unlike other countries compared to the UK, the French tax system is not any simpler or necessarily more beneficial then the UK system. It is important to not only receive Qrops pension transfer advice, the advice must also be have a solid foundational understanding of the tax planning requirement for when benefits are taking in France. It is possible, and all to commonly seen, to be worse off in France if not planned correctly.
There are a number of tax planning opportunities that a UK expat can undertake while in France. Assurance Vie is one of the options that is extremely popular. However this option is sometimes confused and misunderstood, and can lead the individual to be in a worse position then when they originally set out.
Understanding the difference between a Qrops pension and a UK or French pension is extremely important. Getting to grips with the rules that apply can be time consuming, difficult and tedious. To find out more about how we can help you fill out the form on the contact QROPS.net page.
If you are planning to move to France, or reside there already, contact us today to discuss your situation and find out from the experts what can be done to better you position.
