What is a QROPS?
QROPS is short for Qualifying Recognised Overseas Pension Scheme, a type of overseas pension scheme that meets criteria laid down by Her Majesty’s Revenue and Customs (HMRC) and enabled by EU human rights legislation.
With QROPS it is possible to transfer UK pension benefits without any sanctions or charges. French QROPS are available to those who have lived and worked in the UK but who intend to retire and live in France – this is true for those who were born in the UK as well as those who were born elsewhere.
Confidence in the face of currency fluctuations
With economists predicting fluctuations in the value of the pound over the foreseeable future, transferring to a QROPS in France could help mitigate against this risk while also being part of a sound wealth management plan.
Furthermore, a QROPS transfer can be useful in providing both greater scope for investment and for inheritance planning.
Contact Blacktower today for sound, expert advice you can trust
This communication is for informational purposes only and is not intended to constitute, and should not be construed as, investment advice, investment recommendations or investment research. You should seek advice from a professional adviser before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.
This week’s Blacktower View article comes from 
Spanish property ownership is a fairly common part of many expat wealth management strategies. However, Spanish taxes have been known to present obstacles to some expats in this regard and the uptake of both home ownership and property investment in Spain has suffered as a result.