quintassential issue 48
DESCRIPTION
CGQL newsletter Autumn 2009TRANSCRIPT
Starting a
new life in the
Algarve?
take your pension on the journey too...
After years of careful planning for an income in
retirement many Britons and internationally mobile
employees seek to enjoy their retirement in the Algarve
and justifiably reap the rewards of years of hard work.
Whether they plan to retire immediately or in the coming
years an income in retirement remains a high priority.
If you currently reside or intend to reside in the Algarve you
will be pleased to know that as from the 6th of April 2006
Her Majesty’s Revenue and Customs (“HMRC”) allows
expatriates to transfer their UK pensions into a Qualified
Recognised Overseas Pension Scheme (“QROPS”) a
flexible tax efficient vehicle for their pension benefits.
These are some of the advantages...
• Tax free growth for non-Guernsey residents.
• Freedom of investment choice.
• Ability to establish your scheme in Euros to avoid
currency fluctuations.
• Loan facility available of up to 25% of pension
assets on commercial terms.
• No need to purchase an annuity.
• On death the remaining scheme assets can be
bequeathed to the surviving spouse.
• Lower income tax on your pensions in Portugal.
• UK Inheritance Tax (“IHT”) free for spouse and
heirs provided you remain non-UK domiciled.
The Complete Pension Scheme...
Fiduciary Wealth Management Limited the specialist
private wealth division of the Fiduciary Group, which has
been operating in Gibraltar since 1982 and is affiliated to
Gibraltar’s oldest legal practice, ISOLAS 1982, offers a
one-stop complete pension solution.
The Rainbow Overseas Retirement Plan (“TRORP”) plays a
key part in ensuring expatriates aspirations and goals
for retirement travel successfully with them to the Algarve
in order to maximise their lifestyle in retirement. It is the
retirement plan of choice for the investor who is looking for
a safe and tax efficient home for their pension.
Contact Us
To obtain our QROPS brochure and Key Features
document and for a free initial consultation to discover
how QROPS could benefit you please contact us on:
Tel: +350 200 50982
email: [email protected]
www.qropsiberia.com
Fiduciary Wealth Management Limited, Portland House, Glacis Road, PO Box 475, GibraltarLONDON • GIBRALTAR • ZURICH
Regulated by the Gibraltar Financial Services Commission
WE STRIVE FOR PERFECTION AND ONLY DELIVER THE BEST!
www.grasshoppergreens.com
View our portfolio at www.grasshoppergreens.com
Membership No: 2005
Specialists in the design and construction of superior quality synthetic grass, putting greens, synthetic lawns and other grass applications.
Using only the finest quality, comprehensive range of synthetic grass available on the Algarve, our highly skilled craftsmen can construct any size project you desire.
N 1 ON THE ALGARVE FOR SYNTHETIC GRASS SOLUTIONSo
Contact Grasshopper Greens T: 289 092 722 / M: 91 766 [email protected]
Members putting green installed at Quinta Do Lago golf club
Where better to improve your short game but in the comfort of your own garden. All putting greens are bespoke to meet the clients specification. No job too large or too small.
. No Watering
. No Mowing
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Each job is customised to fit your needs, professionally designed, constructed and installed using Tiger Turf & Greenfields Products. We guarantee your installationand turf for 5 years!