Jason Porter explores the tax regimes in Portugal, France, Malta and Cyprus - four of the most advantageous territories for UK ex-pat retirees
People aged 55 and over are now entitled to their pension in the form of a lump sum, to be taxed at marginal rates applying in the tax year it is taken. While much has been said of the impact of these "freedoms" - from Lamborghinis to buy-to-let investments - very little has been considered about those individuals who choose to move overseas and enjoy an expat lifestyle in retirement. The basic cross-border rules about pensions (regardless of the form in which they are taken) is that they are taxable in the country where you are resident, not where your pension scheme is located (apar...
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