The Advantages of International Pension Schemes

RETIREMENT ANNUITY TRUST SCHEME - (an International Pension in Europe)

We can provide International Retirement Annuity Trust Schemes for non-channel island residents (RATS) (40EE's).

The RATS trust gives maximum flexibility for the member to build up a pension fund offshore avoiding capital gains and income taxes (other than withholding tax on certain dividends).

Contributions may be made into the scheme by the introduction of a lump sum or regular contributions.

The international RATS gives maximum flexibility to invest in a wide range of investments including, equities, bonds, investment funds, hedge funds, property and even loans to the members are possible.

An annuity must be taken at some time after the member's 50th birthday. It is not however necessary to purchase an annuity from an insurance company and the pension may be paid out of the fund itself. This gives the advantage of allowing funds to remain invested while pensions are paid.

This also gives the advantage over conventional annuities in that any funds remaining after the death of the member can be retained for children or other relatives rather than being lost.

Members may withdraw the whole or part of the funds to a separate arrangement for their retirement at their wish.