Pantheon
Pension Trustees

The Gibraltar authorities are concerned with protecting the reputation and integrity of Gibraltar as a financial centre, and are aware of the importance of adopting and applying international regulatory standards and best supervisory practices.

Gibraltar has a good reputation internationally for cooperation and information sharing.

• Gibraltar is a British Overseas Territory and a self-governing and self-financing parliamentary democracy within the European Union (EU)

• The first language is English

• Newly created QROPS legislation which meets HMRC requirements

• DTAs are not required to obtain low tax rate

• Low rate of taxation, only 2.5%

• Newly created QROPS legislation means Gibraltar QROPS meet Her Majesty’s Revenue and Customs (HMRC) requirements

• Gibraltar is a member of the EU and is a UK crown dependency, bringing with it a sense of stability and familiarity, an aspect which is reassuring to many UK pensioners

• Thanks to a highly regulated and sophisticated financial services sector, Gibraltar is expected to quickly become a major jurisdiction of choice

• Gibraltar offers flexibility in investment opportunities due to a diverse range of products, meaning increased control over where pension funds are invested

• QROPS in Gibraltar offer a large degree of flexibility on investment choices, along with many expert companies able to give professional advice and regulatory guidance on the best possible options on a case by case basis

• Unlike in the UK death benefits are paid gross, due to the absence of inheritance tax

• There is no taxation on lump sums in Gibraltar.

According to Pantheon, the financial infrastructure and legislation of Gibraltar provides QROPS members with safety and security of their assets.

Gibraltar is politically and economically stable and has long been a leader in the provision of offshore financial services.

Gibraltar is well regulated and has a favourable tax regime making is an ideal location establish and administer QROPS.