Gibraltar Pensions

Why Gibraltar?

Gibraltar is one of the most popular QROPS jurisdictions, underpinned by the regulation of the Gibraltar Financial Services Commission. Its pragmatic operating framework, low rate of taxation and established financial services industry have all made Gibraltar one of the leading jurisdictions for international pensions. Sovereign has a long association with Gibraltar and was one of the first companies to receive a professional trustee’s license in the territory.

Gibraltar QROPS at a glance

Investment Options Open architecture
Benefit commencement 55 – 75
Maximum Lump Sum 30%
Gibraltar tax rate applicable to pension* 2.5%
Death Benefits Lump sum or survivor’s pension

The taxation of the death benefits depends on the beneficiary’s country of residence and the amount of time the deceased had been non UK resident at the date of death.

* The pension may also be taxed in the member’s country of residence.


Sovereign offers the choice of two Gibraltar QROPS:

  • The Calpe Retirement Benefit Scheme (For Pensions with a value greater than £100,000)
    Gibraltar QROPS
  • The Calpe Lite Retirement Benefit Scheme (For Pensions with a value less than £100,000)
    Gibraltar QROPS Lite

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Sovereign Trust (Gibraltar) Limited
Tel: +350 200 76173