Money

QROPS in Guernsey

QROPS in Guernsey

Money
Although Guernsey achieved independence in the 13th Century and has its own Government and consequently its own tax laws, it still retains many links with the rest of Britain. For these reasons people feel confident in investing their money and their pensions in Guernsey. As such, it has become one of the most attractive financial centres in the world, not only because of its political and economic stability, but also because of the many financial advantages. In terms of QROPS, Guernsey offers the following benefits: - For non Guernsey residents there is no income tax, capital gains tax or inheritance tax to pay on QROPS pensions. - You can take a tax free lump sum of up to 25% from your QROPS pension fund, and Guernsey is currently trying to increase this to 30%.. - You can s...