Pensions
Transferring a pension out of the UK can be a complex process due to tax regulations, legal requirements, and financial risks. At Astra Worldwide, we have extensive experience in pension transfers and are committed to making the process seamless and stress-free from start to finish.
Are you looking to transfer your UK Pension out of the U.K.?
This can be a very complicated process with a lot of factors to consider like where and how to transfer, will it be cheap, will it achieve my long term goals etc.
Here are some of the benefits of transferring your UK pension when you move out of the U.K.
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Tax Benefits
-Potentially lower income tax on withdrawals.
-Avoid UK Inheritance Tax (IHT) on pension funds.
Currency & Exchange Rate Protection
-Receive pension in your local currency, avoiding fluctuations.
-Maximizes spending power in lower-cost countries.
More Investment Control & Flexibility
-Access a wider range of investment options.
-More flexible withdrawal rules in some countries.
Better Estate Planning
-Some countries allow tax-free inheritance of pensions.
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