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QROPS

What is a QROPS?

In order to transfer a UK pension to Germany tax-free, a Qualifying Recognized Overseas Pension Scheme or QROPS for short is required.

A QROPS is therefore a qualifying German pension provider that is registered or listed by HMRC (Her Majesty’s Revenue and Customs) to receive UK Pensions tax-free transfers. In order to maintain registration, the pension provider must ensure that it meets the necessary requirements of HMRC on an ongoing basis and on its own responsibility.

In Germany, there are few pension funds or life insurance companies that meet these requirements. With regard to pension transfers from the UK to German QROPS carriers, we work together with Alte Leipziger and Condor Lebensversicherung.

We will be happy to advise you on your individual QROPS Pension Transfer without obligation. We provide you with all the necessary information and documents for the transfer process and help you with Alte Leipziger or Condor to handle your pension transfer

Why QROPS?

Even after Brexit, there are various risks that can be avoided or reduced by a pension transfer to a QROPS in Germany.

If you live permanently in Germany, a transfer can reduce British uncertainties in connection with politics, exchange rates, Lifetime Allowance and the taxation of your UK pension in Germany.

For more information, please click here.

References

Below you can see some of our customers' feedback and experiences:

Contact us

You are very welcome to send us your questions or requests via our contact form.

Please note:

  • Pension assets with a value of less than €25,000 (according to the current exchange rate) cannot be transferred.
  • Unfortunately, we cannot offer any help with State Pensions or the transfer of NHS pension rights.

We will usually get back to you within 24 hours if your request is received on a working day. We look forward to hearing from you!