International Pensions

International Pensions

Background to a Maltese Overseas Pension

  • Overseas transfers have always been possible.
  • More people retiring overseas.
  • More restrictions in home jurisdictions.
  • EU Directives have removed barriers to cross – border Pension schemes.

Who is the ideal customer?

  • Client looking for drawdown flexibility
  • Clients concerned by €2m Fund Limit in Ireland.
  • Clients with Overseas benefits.
  • Potential future non residents.
  • Client looking for Pension Benefit Security.
  • International Executives.

Why consider moving a pension fund to Malta?

More Appropriate Drawdowns

  • 4 – 6% drawdown from ARFs does not apply. Drawdown can be zero.
  • In Malta the lump sum entitlement is 30% – uncapped.

 Better Death Benefits

  • Fund emerges in full on first death. Paid to nominated beneficiary on death. If spouse is the beneficiary, and resident in Ireland, no IHT.
  • Post retirement in Ireland, the death of an ARF holder transfers funds to an ARF in surviving spouse’s name. Taxed on subsequent drawdown.

Tax Efficient

  • Malta has around 70 Double Tax Treaties (DTA’s)
  • No Tax to pay on assets within scheme (with the exception of immovable property in Malta.)

More Appropriate Inheritance benefits

  • You can pass on your pension pot to your beneficiary upon death, IHT free.

Simpler Retirement

  • Based solely on attainment of age 50. No need to retire from employment.

Secure Your Financial Future with our range of Private Investment Solutions

We have joined with ITC Pensions (one ofIreland’s largest Pensioneer trustees) who have over 30 years’ experience in the market. They have established ITC International based in Malta to provide full pensioner trusteeship to Irish pensions that wish to move to Malta.


Independent Trustee Company is Ireland’s leading provider of self invested pension solutions, established in 1994:

  • €1.6Bn assets under Trusteeship
  • €1.2Bn assets under administration
  • Over 4000 schemes
  • Strong technical capability


ITC International Pensions:

  • Maltese pension provider established in 2016
  • Joint venture between ITC & Fexserv Maltese

financial services company

  • First company to be approved for both company & personal pensions
  • IORP’s approved Pension Master Trust in Malta
  • Schemes licenced as IORPs under EU law and as QROPs under UK law


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