HM
Government of Gibraltar is pleased to note that in a recent poll
undertaken by Skandia International, registered in the Isle of Man,
Gibraltar has been placed second with 26 percent of the vote as the
preferred Qualified Recognized Overseas Pension Schemes (QROPS)
jurisdiction in a survey of 141 international advisers who use QROPS.
Albert
Isola, Minister with Responsibility for Financial Services commented:
“This independent poll is very good news for Gibraltar and
represents a clear recognition of the significant work undertaken in
the field of imported pensions by a team of industry and government
representatives led by my predecessor Gilbert Licudi QC. I view this
area of business as one where Gibraltar can prosper significantly and
aspire to market leadership.”
Since
specific legislation was introduced last year, the Finance Center
Department has been highlighting the opportunities in this area and
as the Skandia Poll confirms, “in the space of less than a year,
Gibraltar has come from nowhere to become a very strong QROPS
center.”
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