Gibraltar to enter QNUPS market

Pension fund administrators in Gibraltar will soon be able to offer qualifying non- UK pension schemes (QNUPS) to individuals with UK tax obligations who have left the UK for good.

Following consultations with the Gibraltar Association of Pension Fund Administrators (GAPFA) and HM Revenue & Customs, the Gibraltar Government is in the process of amending its income tax legislation to enable QNUPS structures to be set up for the first time in the British overseas territory, according to an announcement released today

Please link to International Adviser to read the full article by Helen Burggraf