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Posted Tue, 23 Jul 2024 06:13:56 GMT by Wee Tan
Is there a ‘qualifying recognised overseas pension scheme’ (QROPS) in Singapore? I looked at the list and there isn't any. I thought that the Singapore Central Provident Fund, the Singapore government pension agency, might be a QROPS. I am looking into transferring my UK pension to an entity in Singapore because I am no longer resident in the UK (left the UK in 2001) and permanently living in Singapore. If I cannot find a QROPS, I may have to pay 40% tax on the amounts transferred.
Posted Wed, 24 Jul 2024 11:50:16 GMT by HMRC Admin 10 Response
Hi
If its not on the list then no.

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