SIPP for non-UK Residents

The UK SIPP for non-UK residents

MyExpatSIPP is a self invested personal pension (SIPP) that is designed especially for individuals who have UK pension benefits and are now non-UK residents.

It is a simple low cost pension plan that allows you to manage your UK pension online, without having to use a financial adviser.

Build you own portfolio of investments with online dealing, or select one of the low cost ready-made investment portfolios.

Your personal Account Manager will guide you through the process of drawing your pension when you reach retirement, and assist you with completing the necessary HMRC tax forms.

Complete our short online application and transfer your pensions into one, easy to manage online SIPP for non-UK residents.

Tax when withdrawing your UK pension from overseas

You can get up to 25% of your UK pension paid as a tax free pension lump sum. The remaining 75% can be paid as a regular income or lump sums.

The UK has double taxation agreements with over 120 countries which normally means you won't be taxed twice on your pension withdrawals.

Most agreements state that pensions paid from the UK to a resident of country with a tax treaty with the UK, will be subject to tax only in their country of residence.

This means that any withdrawals from MyExpatSIPP can generally be paid without any tax deducted in the UK. As this is a SIPP for non-UK residents, we can even pay these withdrawals directly into your local (non-UK) bank account.

You will normally need to report any payments you receive from your SIPP to the tax authority in your country of residence.

Transfer your UK Pension to a SIPP for non-UK residents

It's is easy and straightforward to transfer your UK pensions to the SIPP account and doesn't require a financial adviser.

All you need to do is tell us who your pension is with and your policy number and then we will handle the rest.

Most transfers can be processed electronically using the Origo transfer service meaning you won't usually need to complete any paper forms.

Electronic transfers are used for the majority of cases, in which case transfers are usually completed within 10 business days. If your existing provider requires original forms to be completed and returned then it can take 4-6 weeks to complete the transfer.

Transfer your pension to the SIPP for non-UK residents.

Wide range of investment options

We try to cater to all levels of investment experience. You can build your own portfolio of investments from a wide range of Shares, ETFs, Mutual Funds and Investment Trusts, with direct online dealing.

Alternatively, we know not everyone is an investment expert and wants to manage their own investments. That's why there are ready-made investment portfolios to choose from.

The investments in the portfolios are managed by Vanguard and BlackRock, two of the world's largest money managers, who collectively look after around £9 trillion for investors all over the world.

All you need to do is choose an investment portfolio to match your risk profile and then the investment managers look after the rest.

MyExpatSIPP provides an online service designed for Expats and non-UK residents to manage their pension & investments in the UK. SIPP, ISA and GIA accounts