Move to Italy and enjoy ‘La Dolce Vita’ on tax!
Whether you’re a middle-aged professional with an established career, an entrepreneur or just starting out in the world of work, Italy should be top of your list thanks to favourable new tax regimes.
Understanding UK Pensions for British Expats living in South Africa
If you’ve worked in the UK and now live in South Africa – whether as a British expat or a South African – here’s what to consider about incorporating your UK pensions into your long-term retirement plans.
The Age of the Italian Tax Incentive
From a tax perspective there has probably never been a better time to move to Italy, in modern history at least. In recent years Italy has been following Portugal and Cyprus’s lead and attempting to attract new residents made up of retirees, high net worth individuals and wealthy Italians who have moved or work abroad […]
QROPS Case Study: Mrs White, British expat in Italy, STM Malta QROPS
Mrs White is a professional from the UK. She is in her mid-40s and has been living in Milan for several years. She was approached by a large offshore financial advisory group with offices in Milan. They convinced her that her UK pension would be better if it was transferred to a Malta-based QROPS. After […]
QROPS case study: Mr Rossi, Italian back in Italy after working in UK, Malta QROPS
How we reduced pension fees by more than half for one returning Italian expat.
QROPS Case Study: Mr Green – expat in Italy with a Guernsey QROPS
How we saved one expatriate in Italy £70,000 over 10 years by analysing his situation and making informed recommendations.
Substitutive Tax Regime Attracts Wealthy Foreign Citizens to Italy
In 2017 Italy Finance Law introduced a flat rate of tax of €100,000 aimed at attracting high net worth foreigners to reside in Italy. The law states that new residents will pay only a flat lump sum tax of €100,000 in place of normal income tax. As with any new incentive there is always a […]
QROPS Myth #9 – Brexit will affect your pension
If you’re an expat in the EU, do you really think that your UK pension provider will be unable to make a payment to when the UK has left?
QROPS Myth #8: If you leave your pensions in the UK you’ll have to pay income tax
We often hear the argument that Malta is a superior home for your pension as it has double taxation agreements (DTAs) with numerous countries meaning that regardless of where you retire you won’t pay tax at source but only in Malta. It is certainly true that pensions in Malta are paid out gross and then […]
QROPS Myth #7 – Structured notes are suitable investments
A consequence of transferring your pension away from the UK opens you to the risk that your funds will be placed into investments that would not be allowed if it was still under the watch of the UK’s Financial Conduct Authority. There have been many cases of clients losing significant proportions of their pension due […]