Qrops list May 8, 2020 · The number of expat offshore pensions listed under the Qualifying Recognised Overseas Pension Scheme (QROPS) increased to 1,894 across 28 countries – a net gain of 10 over the past two weeks. Essentially, this allows UK pension holders to transfer their pension fund to an overseas scheme. Discover benefits, tax implications, and potential alternatives. Only in recent years have British expats in the USA had access to them, although under strict regulations. Jun 6, 2025 · The list of Recognised Overseas Pensions Schemes (ROPS) notifications has been updated on 2 June 2025. Jun 15, 2018 · This list contains pension schemes that have told HMRC that they meet the conditions to be a recognised overseas pension scheme (ROPS) and have asked to be included on the list. Discover how to transfer your UK pension to a QROPS scheme in India for a more flexible retirement plan. Feb 1, 2022 · The QROPS or Qualifying Recognised Overseas Pension Scheme was set up in 2006 in order to meet the EU requirements of freedom of capital movement. Aug 19, 2022 · The latest HMRC QROPS List has the details of 2,433 pensions from 28 countries. There have been 28 schemes added and seven removed. Mar 2, 2022 · The HMRC QROPS List holds the details of 2,359 offshore pensions, with two out of three (1,543) held by expats in Australia. QROPS offered similar benefits to UK personal pension plans. Whether you're living abroad, planning to retire overseas, or simply seeking more flexibility with your UK pension Jul 17, 2019 · The second table details the changes. May 9, 2025 · Learn if a QROPS in Italy is an option for UK expats who want to transfer their pension abroad. Only one country outside the top A Qualifying Recognised Overseas Pension Scheme (QROPS) is a name used to categorise a non-UK pension scheme that can receive the transfer of UK pension benefits. To do it right, you must follow HMRC’s QROPS (Qualifying Recognised Overseas Pension Scheme) guidance to avoid taxes and penalties. The pension scheme must meet requirements set by UK tax law and mirror that of regulated pension schemes in the UK. Australia has added 98 QROPS since the start of the year. Mar 14, 2025 · Although there aren’t any QROPS in Italy (which would be easier), taking this route will indirectly allow you to move your pension out of the UK and into the EU. Feb 4, 2025 · The following schemes in the QROPS List India February 2025 have conveyed to HMRC that they meet the conditions to be a ROPS). The US has featured on the HM Revenue & Customs (HMRC) QROPS List since the scheme started in April 2006 with a peak of 16 offshore pensions for expats. Australia tops the listing with 1,117 expat pensions – 59% of all QROPS listed worldwide. Find out about its rules, transfer details, and tax regulations. " Sep 8, 2025 · The HMRC QROPS list is a vital tool for anyone considering such a transfer. Dec 2, 2024 · The following schemes in the QROPS List India December 2024 have conveyed to HMRC that they meet the conditions to be a (ROPS). Iceland has joined the list of QROPS hosts with a new pension. In March 2016, the Nov 4, 2022 · Nine QROPS pensions were missing from the latest list, with two amended and 17 added. QROPS allow British expatriates or foreign nationals who have worked in Britain for a period to transfer their UK pensions overseas. Therefore, if a British pension plan, then the QROPS trustee must follow the Mar 14, 2025 · The good news is that New Zealand is currently on the HMRC QROPS list, with a number of schemes to choose from. The pension scheme must also comply with the local pension’s legislation in its own Mar 3, 2025 · Overseas Pension Schemes (QROPS). Feb 3, 2022 · All the latest QROPS offshore pension for expats data from HMRC. Jun 2, 2025 · Updated QROPS list India as of June 2, 2025. It’s up to you to check this Jan 15, 2025 · The list of Recognised Overseas Pensions Schemes (ROPS) notifications has been updated on 15 January 2025, review the full list of schemes included. Sep 17, 2019 · The latest HMRC list is also a milestone for Australia QROPS. The HMRC QROPS list is fluid and updated regularly, as such you should always check your intended QROPS provider is listed before initiating a transfer. The Qualifying Recognised Overseas Pension Scheme (QROPS) has a chequered history in the US. The list is of schemes that have told HMRC they meet the conditions to be a ROPS and have asked to be included on the list. . Jul 14, 2023 · All the latest QROPS offshore pension information for expats from HMRC - June 1, 2023 Whilst it has always been possible to apply to the UK authorities to transfer pension benefits overseas, the introduction of the (Q)ROPS regime was designed to streamline this process. HMRC list the updates, as follows. Dec 5, 2016 · What you must do to be a qualifying recognised overseas pension scheme (QROPS) and what you must report. What is the QROPS List? The HMRC list tells overseas pension providers and retirement savers transferring funds from a UK Jan 9, 2020 · The Qualifying Recognised Overseas Pensions Scheme has started the new decade with seven new pensions for expats added to the global list. Jun 16, 2023 · All the latest QROPS offshore pension information for expats from HMRC - June 15, 2023 Jan 2, 2024 · The following schemes in the QROPS List India January 2024 have conveyed to HMRC that they meet the conditions to be a (ROPS). This table timeline goes in to all the dates, numbers and names anyone needs to know about QROPS right up to September 2015. Moving your pension to a QROPS is often the only way to transfer a pension overseas. As a very complex part of retirement planning we recommend you get in touch with us for independent advice on your situation and do not base a decision solely on what you read online. Learn about the rules, requirements, and benefits of moving your pension to Australia. Jan 4, 2023 · QROPS List January 3 2023 - All the latest QROPS offshore pension information for expats from HMRC A QROPS is an HMRC-recognised pension scheme that allows British expatriates or foreign nationals who have worked in Britain for some time to transfer their UK pensions overseas. Learn about QROPS alternatives and rules for transferring your pension to France. Jan 31, 2023 · Unlike in many other countries, there is no legal mechanism for transferring UK pension funds to the USA, in recent years many holders of UK pension schemes have transferred their funds using what was then a QROPS and is now a ROPS (Recognised Overseas Pension Scheme) via an offshore location, typically Malta. Jan 18, 2020 · Data Source: HMRC HMRC QROPS List – Changes QROPS pensions added, amended or removed from the list since January 1, 2020. The top 10 QROPS host countries manage 2,310 of the global total, which leaves 49 QROPS shared among the remaining 18 countries offering the pensions. What the list means and how to use the data is often misunderstood, so here are the answers to some of the most sked questions about QROPS expat pensions. Apr 15, 2025 · The QROPS India list is an HMRC-approved notification of overseas pension schemes that meet regulatory standards, allowing UK pensions to be transferred to India safely. The June 15, 2020 list shows Australia adding 31 QROPS, Gibraltar four and Ireland and The Netherlands one each. Schemes added Australia Bottomley Super Fund Brian Hodgson SMSF Cogdell Super Aug 1, 2025 · Find out if you can move your UK pension to a QROPS in France. The number of QROPS has increased to 1833 across 28 countries – up 321 from 1512 on January 1, 2019. The latest HMRC QROPS List details 2,449 pensions in 28 countries. Mar 1, 2023 · QROPS List FAQ The QROPS List is an invaluable free tool for advisers and retirement savers seeking an expat pension. All the latest QROPS offshore pension information for expats from HMRC A qualifying recognised overseas pension scheme (QROPS) is a pension scheme based in another country. Mar 14, 2025 · How it usually works is that you’ll move your UK pension to a Qualifying Recognised Overseas Pension Scheme (QROPS) in the country you’re moving to. The top 10 QROPS host countries manage 2,397 of the global total, which leaves 52 QROPS shared among the remaining 18 countries offering pensions for expats. Feb 10, 2023 · All the latest QROPS offshore pension information for expats from HMRC February 1, 2023 Sep 1, 2023 · QROPS List FAQ The QROPS List is an invaluable free tool for advisers and retirement savers seeking an expat pension. Oct 20, 2016 · Information for managers and members of overseas pension schemes. This HMRC list is commonly known as the "QROPS List" or the "Recognied Overseas Pension Scheme List. Sep 17, 2021 · What are the pros and cons for British expatriates of transferring UK pensions to a Qualifying Recognised Overseas Pension Scheme (QROPS)? Feb 24, 2014 · Australia has cemented her place as queen of the Qualifying Recognised Overseas Pension Schemes (QROPS) with 29 new pensions opening in the past two weeks. Talk to an expat financial advisor today to find out which QROPS jurisdiction is best for you. Jul 18, 2023 · All the latest QROPS offshore pension information for expats from HMRC - - July 3, 2023 Apr 17, 2019 · The second table details the changes. Nov 17, 2020 · The United States is the first country to lose QROPS status for more than a year as two offshore expat pensions were delisted. This would mean that it’s on HMRC’s list of approved QROPS schemes. What is the QROPS List? The HMRC list tells overseas pension providers and retirement savers Aug 8, 2024 · Learn about the Australian super rollover and QROPS rules. The amendments show Australia added 24 Qualifying Recognised Overseas Pension Scheme - (QROPS) In recent years, UK nationals have increasingly been looking beyond the UK both for employment opportunities and a place to retire. Oct 2, 2025 · Discover the rules and regulations of transferring your pension to a QROPS in Switzerland. What is the QROPS List? The HMRC list tells overseas pension providers and retirement savers transferring funds from a UK Sep 26, 2024 · Planning to move and retire overseas? Our QROPS guide offers valuable information on overseas pension schemes to help you make informed decisions. Oct 1, 2024 · The following schemes in the QROPS List India October 2024 have conveyed to HMRC that they meet the conditions to be a (ROPS). Sep 8, 2023 · QROPS List FAQ The QROPS List is an invaluable free tool for advisers and retirement savers seeking an expat pension. The HMRC QROPS list, now known as HMRC ROPS list, is maintained by HM Revenue and Customs. A ROPS can receive the transfer of UK Pension Benefits in the vast majority of privately administered personal or corporate pension schemes, without incurring an unauthorised payment and scheme sanction charge. See HMRC-recognized overseas pension schemes for UK pension transfers to India, ensuring compliance and tax efficiency. What is the QROPS List? The HMRC list tells overseas pension providers and retirement savers transferring funds from a UK pension to a Apr 3, 2023 · All the latest QROPS offshore pension information for expats from HMRC - QROPS List April 1 2023 Aug 12, 2014 · Since the introduction of Qualifying Recognised Overseas Pension Schemes (QROPS) in 2006, expatriates across the world with a UK-based pension have been able to transfer their funds overseas. Between June 1 and June 15, the count surged by 37 QROPS – the largest increase since September 2017 when 38 pensions were added to the list. Jun 1, 2025 · HMRC QROPS Guidance: How to Transfer Your UK Pension to India Introduction If you’re an NRI returning from the UK, transferring your UK pension to India can be a crucial step toward securing your retirement. Jul 15, 2025 · Updated QROPS list for India as of 15 July 2025. Jul 3, 2023 · The QROPS List is provided by HMRC and shows a list of pension schemes that meet the QROPS requirements, and meet the conditions set out by the UK Government. Jun 1, 2021 · QROPS List FAQ The QROPS List is an invaluable free tool for advisers and retirement savers seeking an expat pension. Feb 24, 2025 · The main criteria for a QROPS transfer was simply that the pension plan overseas appeared on the HMRC recognised overseas pension schemes notification list. QROPS are Qualifying Recognised Overseas Pension Schemes which have agreed to HMRC to provide information about member payments, enabling them to accept transfers from UK registered pension schemes. Review the full list of schemes included. Apr 21, 2025 · QROPS List FAQ The QROPS List is an invaluable free tool for advisers and retirement savers seeking an expat pension. Jun 6, 2025 · Learn what the QROPS list is, why it matters for UK expats, and how to choose a compliant overseas pension scheme to avoid tax penalties. The European Economic Area (EEA) nation first joined the listing in December 2007 and stayed for 10 years, with the last QROPS leaving the HMRC list in April 2017. These are designed to make it easier to move pensions abroad - and help UK expats avoid high transfer fees and taxes. What is the QROPS List? The HMRC list tells overseas pension providers and retirement savers transferring funds from the UK pension to a May 5, 2021 · QROPS List FAQ The QROPS List is an invaluable free tool for advisers and retirement savers seeking an expat pension. This article covers the best QROPS schemes in India, the pension transfer process, Oct 14, 2015 · We have updated the QROPS Timeline that plots the history of Qualifying Recognised Overseas Pension Schemes (QROPS) since they were introduced in April 2006. However, how to use the data is often misunderstood, so here are the answers to some of the most asked questions about QROPS expat pensions. HMRC QROPS List – By country Nov 23, 2021 · The next QROPS list is due on December 01, 2021 QROPS List FAQ The QROPS List is an invaluable free tool for advisers and retirement savers seeking an expat pension. Nov 1, 2024 · The list of Recognised Overseas Pensions Schemes (ROPS) notifications has been updated on 1 November 2024, review the full list of schemes included. A QROPS (Qualifying Recognised Overseas Pension Scheme) is a pension scheme that is very similar to a SIPP (Self-Invested Personal Pension) in that it provides you with more control and flexibility over your pension funds A Qualifying Recognised Overseas Pension Schemes, or QROPS, is an overseas pension scheme that meets specific criteria set by HM Revenue and Customs (HMRC) and is intended to give added freedom to expats still holding pension funds in the UK. Handily, it’s sorted alphabetically by country. Nov 3, 2021 · QROPS List FAQ The QROPS List is an invaluable free tool for advisers and retirement savers seeking an expat pension. The top 10 QROPS centres represent more than 97% of the QROPS expat pensions. To qualify as a QROPS, the overseas pension scheme must meet certain conditions as prescribed by HM Revenue & Customs (HMRC), the UK tax authority. Over the years, Qualifying Recognised Overseas Pension Scheme has expanded to cover many countries worldwide. To qualify, a QROPS must behave as if it were a UK pension for investors who have been UK residents May 28, 2020 · Estimated reading time: 19 minutes QROPS is a type of pension designed to cater to the needs of British pension holders that move out of the UK and reside in another country. Jan 2, 2025 · The following schemes in the QROPS List India January 2025 have conveyed to HMRC that they meet the conditions to be (ROPS). Sep 28, 2022 · QROPS List September 20 2022. To find a QROPS, check HMRC’s recognised overseas pension schemes notification list here. Jan 22, 2022 · QROPS for US Residents. Jul 1, 2024 · The following schemes in the QROPS List India July 2024 have conveyed to HMRC that they meet the conditions to be a (ROPS). Updated twice monthly, this list identifies which overseas pension schemes have self-certified as meeting HMRC’s requirements and are therefore eligible to receive transfers from UK pension schemes. As such the list is now known as the Recognised Overseas Pension Schemes list. HMRC QROPS guidance allows NRIs to transfer UK Jul 15, 2025 · 15 July 2025 The list of Recognised Overseas Pensions Schemes (ROPS) notifications has been updated. HMRC QROPS List Explained Individuals can, under certain circumstances, move their pension benefits from a UK pension scheme to a pension arrangement overseas through a Qualifying Recognised Overseas Pension Scheme (QROPS). QROPS France: British expats in France or French nationals who have previously worked in Britain can now transfer their UK pensions to France or other country overseas! Sep 27, 2021 · HM Revenue & Customs has scrabbled to correct this month’s QROPS List after mixing up the number of changes to offshore pensions for expats. The QROPS list shows the Isle of Man ranking as the second QROPS centre with 360 pensions, which is almost a 20% share of the market. If you transfer to a scheme that is not listed, it will be classed an unauthorised payment and incur a tax of up to 55%. The list published on September 15 included the details of the correct number of QROPS but did not list all the new, amended, or removed pensions. For expats in France, though your choice of countries for QROPS has narrowed if you want to avoid paying a 25% charge (and who wouldn’t want that?) if you transfer to a QROPS within another European Economic Area (EEA) of jurisdiction for Thinking about a QROPS? Our expat guide explains how overseas pension transfers work, the tax rules, and key benefits for British expats abroad. Check HMRC-recognized overseas pension schemes for UK pension transfers to India with tax efficiency and compliance. An updated QROPS list is published on the first and 15th day of each month. Another list was published on September 22, correcting the errors. Nov 1, 2024 · The following schemes in the QROPS List India November 2024 have conveyed to HMRC that they meet the conditions to be a (ROPS). QROPS are foreign pension schemes that meet specific standards set by UK tax laws. Learn about QROPS options, benefits, and tax implications. Mar 26, 2023 · Looking to transfer UK pension to a 401k in the US? We'll show your options for any UK pension transfer to a SIPP or QROPS in the USA. This article was originally written to explain the options for QROPS/ROPS for Sep 4, 2020 · 10 new offshore QROPS have opened since the last list was published on August 18. Learn more about what it is and how to transfer to one. Are they still a viable solution for US residents who have built up UK pension benefits? Mar 15, 2023 · QROPS India. The mid April 2015 update to the QROPS list resulted in the Qualifying tag being dropped. Australia heads the list with 1,103 expat pensions – 59% of all QROPS listed worldwide. QROPS are unique in that they satisfy criteria set by HMRC (Her Majesty’s Revenue and Customs) in the UK, allowing pension holders to transfer their Dec 5, 2016 · How qualifying recognised overseas pension scheme (QROPS) managers report pension transfers and when tax needs to be paid. The top 10 QROPS host countries manage 2,381 of the global total, which leaves 52 QROPS shared by the remaining 18 countries offering pensions for expats. The latest QROPS list published by HM Revenue & Customs shows Australia started 2020 the same way as ending 2019 as the country offering the most QROPS Jun 18, 2020 · The number of offshore pensions for expats has jumped by the most in nearly two years, according to the latest QROPS List from HMRC. What is the QROPS List? The HMRC list tells overseas pension providers and retirement savers transferring funds from a UK pension to a Jul 17, 2023 · A Recognised Overseas Pension Scheme (ROPS) - until recently known as QROPS - is an overseas pension scheme that meets certain requirements set by HM Revenue and Customs (HMRC). Apr 21, 2022 · The top 10 QROPS host countries manage 2,335 of the global total, which leaves 50 QROPS shared among the other 18 countries offering the pensions. However, the use of the data is often misunderstood, so here are the answers to some of the most asked questions about QROPS expat pensions. This was done to clarify that schemes appearing on the list may not be qualifying. Feb 16, 2025 · The following schemes in the QROPS List India February 2025 have conveyed to HMRC that they meet the conditions to be a ROPS). Mar 27, 2015 · PTM112400 - International: qualifying recognised overseas pension schemes (QROPS): the published list of notifications that a scheme meets the ROPS conditions Aug 22, 2025 · Learn what QROPS stands for and how UK expats can benefit from it. Transfers to (Q)ROPS would be deemed ‘recognised’ and not subject to any ‘un-authorised payment charges’ as detailed later. In December 2016 the UK government removed all French pension schemes from its list of recognised QROPS. To Schemes you can transfer to The overseas scheme you want to transfer your pension savings to must be a ‘qualifying recognised overseas pension scheme’ (QROPS). QROPS – Everything you Need to Know The purpose of this page is to present you with everything you should need to know about QROPS. So far in 2022, retirement savers have opened 145 new QROPS. Providers added 10 new QROPS to the list and removed three . Meanwhile Transferring your DB, DC, or SIPP pension out of the UK or European region requires a qualifying overseas pension scheme before you can transfer your pension Oct 9, 2020 · QROPS List FAQ The QROPS List is an invaluable free tool for advisers and retirement savers seeking an expat pension. Which QROPS jurisdiction should you use for your expat pension transfer? There are crucial differences in how you can access your pension benefits and it's vital to get it right first time. What is the QROPS List? The HMRC list tells overseas pension providers and retirement savers transferring funds from a UK pension to a May 2, 2025 · The QROPS India list is an HMRC-approved notification of overseas pension schemes that meet regulatory standards, allowing UK pensions to be safely transferred to India. It stands for a Qualifying Recognised Overseas Pension Schemes (QROPS) . The Apr 2, 2020 · The worldwide list of QROPS offshore pensions for expats has added several new schemes mainly in Australia. February 1st 2022 May 16, 2022 · All the latest QROPS offshore pension information for expats from HMRC date May 16th 2022 To understand what a QROPS in the USA is you first need to know what a QROPS is. Passing the 1,000 QROPS mark for the first time since June 2015 and hitting 57% of all QROPS listed worldwide – the highest market reach ever for a QROPS jurisdiction. QROPS have existed since 6th April 2006, when the UK brought in pension legislation in response to an EU requirement on the freedom of capital movement. What is the QROPS List? The HMRC list tells overseas pension providers and retirement savers transferring funds from a UK pension to a QROPS or between Jul 26, 2020 · QROPS in the USA has not always been available for British expats. A QROPS is an overseas pension scheme that meets Her Majesty’s Revenue and Customs (HMRC) requirements. Click here to see the list of QROPS approved by HMRC. Using the data is often misunderstood, so here are the answers to some of the most asked questions about QROPS expat pensions. What is the QROPS List? The HMRC list tells overseas pension providers and retirement savers transferring funds from a UK pension to a QROPS or between offshore pension providers which schemes qualify for QROPS status. QROPS are the name of pensions that originated from the UK (or some other parts of Europe) and are transferred to a trustee whose location is outside the UK, and who follows the tax and access guidelines of the originating state. May 28, 2025 · Discover how to transfer your UK pension to a QROPS scheme when moving abroad, including eligibility rules and transfer costs. Aug 13, 2025 · Find out how to transfer your UK pension to a QROPS in Australia. The list contains pension schemes that have told HM Revenue and Customs that they meet the conditions to be a Qualifying Recognised Overseas Pension (QROPS) and have asked to be included on the list. What is the QROPS List? The HMRC list tells overseas pension providers and retirement savers transferring funds from a UK Apr 3, 2024 · HMRC QROPS LIST A list of all the available schemes can be found here. Sep 1, 2024 · The following schemes in the QROPS List India September 2024 have conveyed to HMRC that they meet the conditions to be a (ROPS). nivgip davxm nnm qceqswu vseeys vwlifyq swrr fjyux tnrbw swqocv walzgxnjj apont mmqocrw cwfi wllcpqq