QROPS Pensions

QROPS Pension advice for expats

We all dream of owning a property abroad and for more and more people that dream is becoming a reality. Cyprus has long been considered one of the most attractive countries to own a second home or investment property because of it's perfect all year round climate, great standard of living, low costs and almost no crime or pollution.

One of the most attractive things about Cyprus is the fact that it has a double taxation treaty which means that expats pay the lower Cyprus tax rates on their worldwide pension income. Therefore, if you qualify for QROPS and live in Cyprus it may be a very wise financial decision to transfer your UK pension to a QROPS pension.

If it's your intention to live in Cyprus or if you're already a resident abroad and you have a UK pension then you can move that pension to a QROPS pension in Cyprus.

Here, in Cyprus your QROPS pension takes advantage of the country's less restricted rules which means you can take out your pension as a lump sum before retirement age. This QROPS provides you with more flexibility than leaving your pension in the UK scheme.

If you'd like to discuss the possibility of a QROPS pension in Cyprus then please contact us at info@cyprus-mortgages.co.uk where a senior financial advisor will discuss your needs without obligation.

Cyprus Mortgages

There are basically three ways for you to purchase your dream home in Cyprus, you can pay for the property with cash (not an option for most of us), re-mortgage your UK property OR finance your purchase with a Cyprus mortgage. If you are looking to finance a property in Cyprus then cyprus-mortgages.co.uk can help.

Our team of experienced British AND Cypriot  financial experts, QROP pension advisors, mortgage brokers and property specialists review the many Cyprus mortgage products that are currently available on the market and make recommendations on what we believe is the best possible Cyprus mortgage product as well as the best way to access your funds such as using a QROP. We not only review all of the financial elements but we also (where possible) get feedback from people who have used the mortgage product to finance a property in Cyprus to allow us to deliver a balanced review.