Brendan Harper, technical services manager at Friends Provident International, examines the potential pension problems for UK nationals living overseas
Figures produced by the Institute of Public Policy & Research have shown around one in 10 British nationals are now living overseas. Unlike many expatriates in the past, the research also suggests that the majority of those who live abroad now intend to stay abroad. When individuals consider moving abroad, especially those who have a family, it is easy to overlook UK pensions when planning the move. However, not paying attention to this could prove costly at a later date. Most types of UK source income in the hands of non-UK residents are exempt from UK tax, with the exception of UK pens...
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