Expat pension

As expats move around the world, a local pension often isn’t attractive because the pension will be widespread over several countries. An offshore pension is the solution for this typical expat issue.

Why consider offshore pensions?

Expats have the privileged position of being able to arrange an offshore pension. An offshore pension is attractive for expatriates because of:

• Global pension - One of the advantages of an offshore pension savings plan is that it’s a global pension. No matter in which country the expatriate works and lives, he/she can continue to make regular or lump sum savings in one single offshore policy. On the other hand it is possible to enjoy the pension everywhere in the world as well.
• Choice of currency - As expats move all over the world they usually deal with several currencies. The eventual amount saved for retirement should not be subject to exchange rates. In an offshore pension plan the expat can choose from several currencies and is sure about the amount saved for retirement at maturity of the pension plan.
• Higher pension - Growth on an offshore pension is subject to little or no tax. Therefore the pension grows quicker, and provides the expat with greater returns. This leads to a higher saved amount. This amount can be used as an addition to your regular pension or as your regular pension.

Need assistance with offshore retirement planning?

H&N Associates is specialised in assisting expats with evaluating and arranging their offshore pension savings plan. Fill in the offshore pension enquiry form to be contacted by one of our advisors to receive a tailor-made personal advice.