Qrops is an acronym used to name the Qualifying Recognized Overseas Pensions Schemes. If you are not an expat then you may have never heard of this. Some expats have not heard of it, but they should be made aware of QROPS as soon as possible. Pensions can be very important to having a comfortable retirement, but expats can not take the traditional route.

These special typed of pensions fall under the category of Offshore Pensions. Most people know that it is a good idea to get an offshore bank account, but many people miss out on the wonders of an offshore pension. You can even move current pensions held in the UK to offshore pensions, where you can continue to earn on your investment. If you are thinking about sticking your pensions in to some other kind of, low-return fund, then think again. An offshore pension could be the answer you have been looking for.