QROPS Iraq Pension Transfer for British Expats to Avoid Paying Taxes
Iraqis who have built up a substantial pension in the UK as well as British expats in Iraq can now transfer their pension offshore to somewhere like Gibraltar or New Zealand to avoid paying UK taxes. Your UK pension can be transferred to a QROPS in Gibraltar or a QROPS in New Zealand to avoid the 55% tax upon death in the UK and UK income taxes of up to 50%.
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