The latest HM Revenue & Customs data for expats with QROPS offshore pensions.
The number of QROPS has increased by 95 since the start of the year.
QROPS pensions added, amended or removed from the list since April 1, 2019.
The first table shows the net number of schemes for each financial jurisdiction, accounting for new listings and removals since the publication of the last list.
The second table details the changes.
What is the QROPS List?
The HMRC list tells overseas pension providers and retirement savers transferring funds from a UK pension to a QROPS or between offshore pension providers which schemes qualify for QROPS status.
QROPS providers certify their schemes meet UK offshore pension and tax rules to go on the list, but HMRC warns this does not mean any are approved or certain to be QROPS. Retirement savers should check this before transferring any money.
The next HM Revenue and Customs QROPS Listis scheduled for May 1, 2019.
The overseas transfer charge is calculated as 25% of the transfer value of a fund into a QROPS or between QROPS.
Other exceptions to the transfer charge may apply if the overseas scheme is run by an employer or multinational non-government organisation, such as the EU QROPS.
A five-year residence rule may also apply.