Archive for July, 2010

Global QROPS Ltd attending the FREE London Seminar on Australian Immigration

Thursday, July 29th, 2010

In conjunction with professional immigration consultants Thames Migration, Global QROPS Ltd are pleased to invite you to a FREE seminar on Australia’s new skilled visa regulations and State Migration plans. All of the regulation changes, that happened during the year, and enacted as part of the Australian Government’s overhaul of its General Skilled Migration Program, are explained in this detailed seminar.

The Governments of Queensland and Western Australia, will be discussing, first-hand, the new State Migration Plans. New and relevant information will also be presented on the state sponsorships that these governments have to offer.

There will be a range of service providers in job placement, banking/currency transfer and removals exhibiting and available to speak on vital aspects of both a successful migration and settling in Australia. As stated, Global QROPS Ltd will be there to provide information on pension transfers to Australia as well as other important financial advice relevant to someone migrating to Australia.

This comprehensive seminar will be held in London, on Saturday 4th September from 11am to 2pm at: Westpac Banking Corporation
63 Saint Mary Axe
City of London, London EC3A8LE
020 7621 7000

In Attendance:
Global QROPS Ltd – experts in financial advice and pension transfers to Australia
Government of Queensland
Government of Western Australia
Thames Migration – Registered Migration Agents Hannibal Khoury and Greg Veal – the Thames team
Westpac – Expatriate Banking
PSS – Removals and World Movers
Hays – Job Placement Specialists

The seminar will begin with a presentation, at 11am, from the attending State Governments and Registered Migration Agent Hannibal Khoury. At the end, ample opportunity exists to individually speak with ourselves, a Registered Migration Agents, the states and a range of other settlement service providers about your visa situation and migration plans.

To secure your place at this FREE event please complete the online registration form at – http://www.thamesmigration.com/contactus/

The Thames Migration Team will be in touch shortly to confirm that your attendance has been booked.

Please feel free to contact Global QROPS Ltd for more information regarding this Seminar, Australian financial advice or pension transfers to Australia.

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Global QROPS Ltd at the Australian Visa Regulations Changes Seminar

Tuesday, July 13th, 2010

Global QROPS Ltd, in conjunction with professional immigration consultants Immigration2oz.com, are pleased to invite you to a FREE seminar on Australia’s new skilled visa regulations and State Migration plans.

This comprehensive seminar will explain, in detail, the regulation changes that occurred mid-year and enacted as part of the Australian Government’s overhaul of its General Skilled Migration Program.

The new State Migration Plans will be discussed, first-hand, with the Governments of South Australia, Victoria and Western Australia who will be presenting information on the state sponsorships that they have on offer.

As well as Global QROPS Ltd providing important information on pension transfers to Australia in particular and financial advice relating to migrating to Australia, in general, there will be a range of service providers in banking/currency transfer, job placement and removals exhibiting and available to speak on other vital aspects of both migration and settling in Australia.

This comprehensive seminar will be held in Guildford, Surrey, on Saturday 7th August from 10am to 4pm.

(Guildford is 30 miles south of London – just off the A3 – and a 37 minute train journey from London Waterloo).

In Attendance:

Global QROPS Ltd – experts in financial advice and pension transfers to Australia
Government of South Australia
Government of Victoria
Government of Western Australia
Registered Migration Agent John Adams and the Immigration2oz.com team
Commonwealth Bank of Australia
Anglo Pacific World Movers
Bridges Relocation – Job Placement Specialists
Next Step Australia – Job Placement Specialists

The seminar will consist of two presentations, at 10am and repeated again at 1pm, from the attending State Governments and Registered Migration Agent John Adams. In between these, ample opportunity exists to individually speak with ourselves, a Registered Migration Agent, the states and a range of other settlement service providers about your visa situation and migration plans.

To secure your place at this FREE event please complete the online registration form at – http://www.immigration2oz.com/seminar-registration.html

Immigration2oz.com will be in touch shortly to confirm that your attendance has been booked.

Please feel free to contact Global QROPS Ltd for more information regarding this Seminar, Australian financial advice or pension transfers to Australia.

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Global QROPS Ltd at the Summer New Zealand Migration Seminar

Tuesday, July 13th, 2010

Following the success and high demand for the ‘Live and Work in New Zealand’ seminar on 24th April 2010, a second seminar has been arranged for August.

On Saturday 14th August 2010, in Guildford in Surrey, Global QROPS Ltd will be talking about the financial matters (such as tax exemptions selling or retaining UK property, life assurance, tax, savings and investments and, of course, pension transfers to New Zealand) to help make your migration to New Zealand as tax efficient and financially successful as possible.

As well as Global QROPS Ltd, other key speakers include a New Zealand banking expert, a currency exchange broker, an international removals expert and a couple of recruitment agencies. This seminar will be headlined by a prominent New Zealand migration agent who can tell you how to obtain the visa you require to make your move to New Zealand happen.

This seminar is ideal for teachers, people in the medical profession, IT professionals, chefs, social workers, electricians, electronic engineers, urban planners and auditors who are looking for a fresh start in New Zealand.

This seminar represents a tremendous opportunity for anyone serious about migrating to New Zealand to commence planning their move.

There is a limit for the number of spaces at this event, therefore please send your details and your Curriculum Vitae to info@migrationassociates.co.uk in order to assess your eligibility to migrate.

Please feel free to contact us for more information. Global QROPS Ltd look forward to seeing you there.

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HMRC Review Drawdown Transfers Rules – the Affect on QROPS

Tuesday, July 6th, 2010

From 6th April 2010, the retirement age for UK private and company pensions increased to age 55. This is the same retirement age rules for QROPS (Qualifying Recognized Overseas Pension Scheme) members, who transferred their UK pensions, within the 5 year reporting period.
For those pension members that reached age 50 (or more) by 5th April 2010, benefits could come into payment and remain in payment (providing payments started before 6th April 2010).
However, if you were drawing benefits pre 6th April 2010, in the form of USP (unsecured pension) and between the ages of over 50 but less than 55, transferring to another pension provider post 6th April 2010 – whether the scheme is another UK scheme or a QROPS – meant that an unauthorized payment charge would occur on the transfer amount.
HMRC subsequently relaxed the interpretation of the rules and announced that a transfer in USP, between the ages of 50 and 55, from one UK provider to another UK provider (or a QROPS) would not receive an unauthorized payment charge but any continuing drawdown or annuity income paid to the member, from the new provider, would be subject to an unauthorized payment charge.
In a note, published last Friday 2nd July 2010, HMRC has stated that it intends to bring forward regulations to remove the unauthorized payment charge admitting that it was an unintentional consequence of the change in retirement age rules.
Furthermore, HMRC plans to backdate the regulations to cover transfers made on or after 6th April 2010.
This is good news for UK expat pension members, who are in the affected age bracket, who are in USP and looking to transfer to QROPS.

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