This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. To find out more about cookies on this website and how to delete cookies, see our Cookie Policy.
Analytics

Tools which collect anonymous data to enable us to see how visitors use our site and how it performs. We use this to improve our products, services and user experience.

Essential

Tools that enable essential services and functionality, including identity verification, service continuity and site security.

Where Taxpayers and Advisers Meet

Moving to France in Retirement

Stuartgb100
Posts: 1
Joined: Tue Oct 01, 2019 2:54 pm

Moving to France in Retirement

Postby Stuartgb100 » Tue Oct 01, 2019 3:13 pm

Hi,

I'm looking to move permanently to France in Summer 2020, retiring one year early.
I already own a property over there.

My income will come principally from personal pensions and the sale of a house.

Plan is to consolidate the pensions into a single pot, and then transfer to a QROPS in Malta,
possibly then into a Luxembourg Assurance Vie. House sale funds ditto.

I believe this would be a tax-free exercise, currently, but that the transfer can only occur once I am
classed as resident in France for tax purposes.

I'm concerned that UK gov. might impose a tax on the transfer of personal pensions (and other assets) as a
post-Brexit measure, and catch me out.

Is there any way I can protect myself by transferring the pension funds well before I move ?

Thanks.

Return to “International Tax”