About the Author:
Withdrawals from the fund are also possible after the age of 55 but other than that QNUPS has hosts of advantages over the resident UK based schemes. UK non residents can also opt for a QNUPS but the IHT tax exemption benefit is forfeited if they return to UK within five years. The growth of the funds deployed in QNUPS is also exempt from capital gains tax which means that you can now leave more for your family.