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ANNOUNCEMENT: Read more financial articles on our partner site, click here to read more.

Nine countries dropped as Qrops list culled by 30%

By Kirsten Hastings, 18 Apr 17

Nine countries were dropped and one added when HM Revenue & Customs updated its list of qualifying recognised overseas pension schemes (Qrops) on Tuesday after it was temporarily suspended following drastic changes to overseas pension transfers.

  Pre 18 April list Post 18 April list
Australia 442 353
Austria 9 5
Barbados 1 1
Belgium 9 1
Bulgaria 2 3
Czech Republic 2 0
Denmark 1 1
European Union 1 1
Finland 1 1
Germany 27 9
Gibraltar 51 45
Greece 1 0
Guernsey 152 52
Hong Kong 22 21
Hungary 2 1
Iceland 2 0
India 16 13
Ireland 85 47
Isle of Man 256 241
Jamaica 1 0
Jersey 84 48
Kenya 1 1
Kosovo 1 0
Latvia 3 3
Liechtenstein 3 1
Luxembourg 4 2
Malta 35 33
Mauritius 3 2
Netherlands 57 13
New Zealand 36 30
Norway 4 1
Portugal 4 0
South Africa 11 3
Spain 2 1
Sri Lanka 1 0
Sweden 6 0
Switzerland 2 1
Turkey 2 0
United States N/A 1
Total 1,339 935

Pages: Page 1, Page 2

Tags: Australia | HMRC | Pension Transfers | Qrops

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.