Qualifying Registered Overseas Pension Scheme (QROPS) : Italy
I came across some interesting pension news this week for those buying property in Italy. A lot of Britons are thoroughly fed up with the country – too expensive, too crime ridden, too wet and too hard to make the most of our hard-earned pension. So news this week that Britons retiring abroad and those who wish to buy a property in Italy can take their pensions with them, will certainly be exciting some interest.
400,000 of us move abroad each year, and new rules allow us to move our pensions offshore too. The scheme you’re looking for is a Qualifying Registered Overseas Pension Scheme (QROPS). Move your money Read the rest of this entry »