EURBS Why You Should Consider

Here you will find information and facts why you should seek professional advice and remove your pension from the EU.
EURBS is a Malta-domiciled pension scheme. Malta is a full member of the European Union and has a long history of economic and financial security. Every pension scheme is registered with the highly-respected Malta Financial Services Authority.
By transferring your pension(s) into a EURBS scheme, not only will you have greater investment opportunities, but you will also be able to receive a lump sum free of tax on retirement and the potential to pass on your pension fund to your beneficiaries in full in the event of your death.

What is EURBS?

EURBS stands for (European Union Retirement Benefits Scheme) which allows individuals to transfer their accrued EU pension into another jurisdiction when they move abroad or retire.Traditionally, when an individual leaves an employer, their pension is frozen with no access to their money. European Union legislation has now changed, allowing freedom of movement of pensions between different countries. It also allows pension holders to transfer their substantial funds to another country when they retire to a different jurisdiction.





100% Death Benefit

With inheritance tax set at zero on EURBS, it is much simpler to pass the total unused pension amount onto the loved ones of your choice. 



30% Tax Free Lump Sum

Take an initial 30% tax free upon retirement.



How can EURBS help avoid currency risk on your pension?

EURBS assets can be held and the pension paid out in any major currency rather than being restricted to Euro. This can remove currency risk and exchange costs if the pension currency is matched to the currency you are spending.



Lower Charges

Set up and running costs are generally significantly lower than in the EU and the fee structure is transparent.



Will I be able to alter my investments or keep them the same?

EURBS offer a wide range of investment options, so you are able to invest your pension in a manner that meets your particular requirements selecting from a comprehensive range of flexible plans across a wide range of investment instruments that will help to structure your pension fund for your circumstances the way you want it.



Protection of Assets

Under EURBS, members gain greater protection of their pension assets.



Can I transfer into any overseas scheme?

Not all EU schemes qualify as EURBS and the EU only allows transfers into schemes that meet certain criteria hence the importance to seek professional advice.



Can all European pensions be transferred into a EURBS?

As long as the pension in question is in a country that is a Full Member of the European Union then its possible to transfer into a EURBS.



Are there any income tax benefits?

The income from a EURBS will be paid to you gross if you have moved to a jurisdiction that permits this. You may be liable to tax in the country in which you are tax resident. In certain countries, income from EURBS can be structured so that you pay less tax (or in some cases, none) each year than on conventional EU pension income.





Expats and people planning on moving abroad permanently should obtain EURBS advice to find out the full list of benefits that are available by moving your current pension into a european union retirement benefits scheme. For further information on EURBS transfers simply fill in your details in the contact page and I will contact you to set up a free EURBS meeting.