Move a UK pension to China

pforma1

Yes, QROPS would work to receive your frozen UK pension, but not if you want residential property in it as not a permitted asset.

You can do a 3rd country QROPS such as IoM as the new 50c rules are very favourable - just google 50c QROPS and wikipedia for a full history.

Income is payable gross from IoM but you would have to declare it when received in China. Instead of a 25% pension commencement lump sum, depending on how long you have to retirement, there may be the ability to get a higher lump sum as the formula in IoM is now 100% of fund less 70% of the transfer value into the QROPS.

You can invest your pension fund in non-sterling assets as well to eliminate some of the currency risk on your pension pot.

atush

By all means, buy property there to live in if you want to.

but you will have to come up with the deposit the old fashionned way by saving, as there is no way to use your UK pension.