J R R Tolkien, author of The Lord of the Rings, was famously quoted stating “all we have to decide, is what to do with the time given us.” While there may be a number of things on our “bucket-list,” what we don’t want to be doing is spending time, money, and energy managing our pension fund in the UK, while we’re here in India. Not only is keeping track of taxes and regulations across two countries time consuming, the foreign exchange conversion rates can quickly eat into your savings as well.
How difficult is it to transfer my QROPS pension fund from the UK to India?
While there are a number of pension schemes available in India, very few actually meet the requirements set by Her Majesty’s Revenue and Customs (HMRC), causing a rather large number of applications to be rejected. This is no reason to be disheartened however, as with a little extra care and diligence, Mr. J Noble Yuvaraj has been assisting pensioners to transfer their savings over to India, since 2008 and to the tune of over 2.5 billion INR.
Will I lose money transferring over my QROPS pension fund to India?
On the contrary, transferring your pension fund to India is not only tax-free, but you also avoid a 45% death tax. What this means is that in the case of your unfortunate death, your next of kin will receive the entire amount. Additionally, you also avail of opportunities to invest in India which has one of the world’s fastest growing stock markets, as well as schemes with guaranteed interest rates of up to 10.5%
What do I need to do and how long will it take?
If you get in touch with us now, Mr. J Noble Yuvaraj and his trained team of financial experts will diligently and meticulously fill out the paperwork in accordance with the strict guidelines set by HMRC (Her Majesty’s Revenue & Customs). After a quick check to ensure all things are in order and all parameters met, your pension will be transferred to India in a matter of 30 days or less.