QNUPS - A secret investment weapon for Expats

Home / QNUPS – A secret investment weapon for Expats

Contributor: Fiduciary WealthCitizenship: UK NationalsLast Update: 27/10/2025

QNUPS – A secret investment weapon for Expats

10 January 2020

Some of you will may well have heard of offshore pensions such as QROPS but not so many will know about QNUPS (qualifying non-UK pension schemes). This is a great investment option for those Expats who have capital to invest and are looking to use this to eventually generate an income stream. This income will be taxed locally in your country of residence (so, for example, if you live in Portugal under the Non Habitual Residency Scheme you will be taxed at 0% for 10 years). The added benefit is that your QNUPS will save you a nice slice of UK IHT.

You see any investment in QNUPS is disregarded from your estate for UK IHT purposes so a £1M investment reduces the tax liability on your estate by £400,000 (assuming your estate is over the nil rate band) and under current rules the tax benefit stays with your estate even if you were to return to the UK.

Talk to our experts who will help you use your capital to its maximum advantage.

Image of 10 common mistakes portugal guide

Fiduciary Wealth Management Guides

Download Your FREE Guide

DOWNLOAD

Fiduciary Wealth Management Free Discovery Meeting

Please complete the form below to receive the booking link for a Free Discovery Meeting with one of our dedicated team of professionals to help us understand your current situation and the problems you wish to resolve.

First Name * urlEmail*

Last Name * emailAddress*Email

Email Email

Country *

Phone Number * Phone1Email

Best Time to call

Email FirstNamename*PhoneNumber

Fiduciary Wealth cares about your privacy. By checking this box you confirm that you: *

Have read and understood our Privacy Policy ;
‘Opt-in’ and expressly consent to provide your personal information to Fiduciary Wealth which shall be used to send you your chosen guide, as well as market similar products or services that we believe may be of interest to you, and subscribe you to our newsletters and other marketing communications; and
Understand you have a right to ‘opt-out’ and unsubscribe from our mailing lists by clicking on the relevant link within our marketing communication emails.