www.pensionmenow.com - Pension Release for British Ex-pats. If you have lived outside of the UK for five years we can release your UK private pension fund. We have released hundreds and you don't have to be retired! Don't get left behind! Many have forgotten about past or frozen private pension schemes they may have paid into. As a UK resident, these are normally inaccessible until retirement. However, providing you have been a non UK resident for five years (this is a HMRC legal requirement) we can help. We specialise in releasing "your money" now.

In some circumstances Spanish taxes can be avoided by becoming a Spanish National or if you transfer your pension into a private scheme.

UK state pensions do not count as government service pensions so are therefore counted as taxable income in Spain.

If you are worried about your UK pension whilst in Spain you should seek the advice of a professional tax adviser.

You can have your UK pension paid direct into your bank account in Spain or continue to have it paid into your UK account in Sterling.

Exchange rates

Currency exchange rate changes can have an effect on your UK penison. Your UK pension is paid in Sterling and the amount of Euros it buys each month will vary. If the pound weakens then your spending power will be reduced. many pensioners already living in Spain and claiming UK pensions are already suffering the effects of a weak pound.

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