If you live abroad, you’re likely to be classed as a non-UK resident and may have a complex tax situation.
You might have to pay UK tax on your pension income. This is because it’s classed as UK income. You might also have to pay tax on it in the country you live in.
If it has a double-taxation agreementOpens in a new window with the UK, you can claim tax relief in the UK to avoid being taxed twice. Find out more about tax if you move abroadOpens in a new window at GOV.UK.
Overseas tax laws might prevent you from taking any money from your pension tax free. This can affect which pension options are best for you.
For example, if you haven’t taken your tax-free cash lump sum from your pension before you move, you might be taxed on it as income in the country you live in.
If you're considering moving abroad or are already living abroad, it’s worth getting specialist cross-border regulated advice on your pension and how it's taxed. You can use our tool to find a retirement adviser, but you may need to do further research find a local specialist in your country of residence.