123ArticleOnline Logo
Welcome to 123ArticleOnline.com!

ALL » Family >> View Article

Qrops Aruba Pension Transfer For British Expats And Dutch Expats

By Expert Author: qrops qrops

British expats living in Aruba or wishing to retire in Aruba can now transfer their pension into a QROPS Aruba to maximize pension tax relief. British expats living in Aruba can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like Gibraltar, a British Overseas Territory and will no longer have to pay UK taxes on their pension if they stay offshore. Dutch expats who have worked in the UK and British expats in Aruba can transfer to a QROPS to avoid UK taxes. In fact, Dutch people can also transfer any Dutch private pensions they have into a QROPS as well to avoid Dutch taxation on their pension.
Where is Aruba?
Aruba is a 33 km-long island of the Lesser Antilles in the southern Caribbean Sea, located 27 km north of the coast of Venezuela and 130 km east of Guajira Peninsula (Colombia). Together with Bonaire and Curaçao, it forms a group referred to as the ABC islands of the Leeward Antilles, the southern island chain of the Lesser Antilles.
Aruba is a part of the Kingdom of the Netherlands which is made up of Aruba, Curaçao, Saint Maarten and the Netherlands. The citizens all have the same nationality, that of a Dutch citizen. Approximately 105,000 people live in Aruba.
Why live or retire in Aruba as a British expat?
Aruba is widely known for its white, sandy beaches on the western and southern coasts of the island, relatively sheltered from storms and this is where most of the tourist development has taken place. Aruba has a semi-arid climate, but has a nice breeze from the Atlantic to cool it down. Average temperatures are more than 30 Degrees Centigrade. Aruba’s population is estimated to be 80% Mestizo and 20% made up of other races. Arawaks speak “broken Spanish” which their ancestors had learned on Hispaniola. Nowadays, There are more than 92 different nationalities who live on the island, so cultures and traditions are varied. British, Dutch and Latino traditions live on Aruba.
Carnival is the big holiday in Aruba, as it is in many Caribbean and Latin American countries. It goes on for weeks, much like Mardi Gras in the U.S. Carnival starts at the beginning of January until the Tuesday before Ash Wednesday. The official languages are Dutch and Papiamento. Although English and Spanish are also spoken.


Benefits of a QROPS Aruba Pension Transfer
What are the benefits of a QROPS Aruba Pension Transfer for Brits in Aruba?
• Avoid UK income tax
• Avoid UK dividends tax
• Avoid UK capital gains tax (CGT)
• Avoid UK inheritance tax (IHT)
• Avoid 55% tax upon death in drawdown that the UK imposes
• Currency choice. You can choose to have your pension transferred to a QROPS denominated in USD, EUR or keep it in GBP
• Have the ability to make higher returns with freedom of investment
For enquiries, please send email to info@qropsspecialists.com

Total Views : 33Word Count Appx. : 477See All articles From Author

Family Articles

1. Consigo El Alquiler Coches Valencia Desempoza El Turismo Catorce, Aquel Mani Historia Un Alquiler A
Author: Hilton Ferrer

2. Think Ahead Of Time With Prepaid Funeral Plans
Author: Andrew Smith

3. Este Alquiler Coches Aeropuerto Lanzarote Cuanto Tasquea Amén El Impuesto
Author: Dominik Massie

4. Donde Alquiler Coche Aeropuerto Valencia Se Agiganta Este Gato íntegro
Author: Ashli Toomey

5. Aquel Alquiler Coche Alicante Garrea Un Galla Obligadísimo
Author: Venetta De Rougemont

6. All You Need To Know About Sympathy And Funeral Flowers
Author: Andrew Smith

7. Alleviation For Individuals Making Below Stipulated Amount
Author: Jason Childress

8. The Financial Benefits Of Getting A Funeral Plan
Author: Andrew Smith

9. Ese Alquiler De Coche En Alicante Se Encapricha Aquel Aguijonamiento Zurraposo
Author: Milagros Scorfield

10. Unexpected Death – How To Plan A Funeral? (part 2)
Author: Andrew Smith

11. Unexpected Death – How To Plan A Funeral? (part 1)
Author: Andrew Smith

12. When A Loved One Dies – What To Do Next?
Author: Andrew Smith

13. Do You Love Your Family? Then Get A Funeral Plan
Author: Andrew Smith

14. Thanksgiving Desserts And Themed Desserts
Author: mike

15. 5 Things To Keep In Mind While Planning Your Funeral
Author: Andrew Smith

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: