Gibraltar Pensions

Why Gibraltar?

Gibraltar is one of the most popular QROPS jurisdictions due to its pragmatic operating framework, low rate of taxation and established financial services industry.

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 100% lump sum or survivor’s pension

The table assumes the QROPS member is non-UK resident and has resided outside of the UK for five complete and consecutive UK tax years.

* 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