Tax
Moving Your UK Pension Abroad 2026/27: QROPS, Drawdown and Tax
You can leave a UK pension in the UK and draw it under UK PAYE, with double-taxation treaty relief, or transfer it to a QROPS. Transfers above your overseas transfer allowance, or that fail the exemption conditions, face a 25% Overseas Transfer Charge. The State Pension is frozen in many countries.
1
Leave the pension in the UK and draw it - The pension stays with your UK provider and is paid to...
2
Transfer to a QROPS - A QROPS is a Qualifying Recognised Overseas Pension Scheme that meets HMRC...
3
Overseas Transfer Charge - A 25% charge applies to a QROPS transfer that exceeds your overseas...
4
UK State Pension abroad - You can claim and receive the UK State Pension abroad if you have enough...
Freedom Isn’t Free Scan to read
freedomisntfree.co.uk/guides/uk-pension-moving-abroad