India’s economy ranks third in the world in purchasing power parity. While the country is known for IT and outsourcing, its strength goes beyond that. India is the second-largest in farm output and ranks twelfth in factory production. It is also the only nation with both a population and economy that can rival China. Foreign direct investment is shifting from China to India. The global market sees India as a strong alternative. If you have a UK pension, now is the best time to move it. Leaving your savings in a declining economy may not be wise. Instead, investing your pension in India’s economy can secure higher returns.
Why Investing Your Pension in India’s Economy Makes Sense
A pension transfer through QROPS is free from penalties and charges. But that’s not the only benefit. India offers investment opportunities that the UK cannot match.
Fixed-rate schemes provide guaranteed returns of up to 10.5 percent.
Investors can access the largest and oldest stock exchanges in Asia.
A strong and growing economy offers more stability than the UK market.
Reduced financial risks with better tax efficiency.
Transferring your UK pension to India not only preserves your savings but also maximizes growth.
What If Your Pension Transfer Was Rejected?
Many pension schemes in India claim to be HMRC-approved, but only a few truly meet UK regulations. As a result, many applications get rejected. If this has happened to you, don’t worry. With the right guidance, you can still complete the transfer successfully.
How to Find an HMRC-Compliant Pension Scheme
Choosing the right pension plan is crucial. A mistake could lead to unnecessary delays or rejection. Our team specializes in HMRC-compliant QROPS transfers and even trains private life insurers on compliance. We can help you select the best pension scheme based on your age, vesting period, and risk preference.
How Long Will the Process Take?
Many sources claim that investing your UK pension in India’s economy can take up to six months. The truth is, it can be completed in just 90 days. Since 2008, our team has helped pension holders transfer over 2.5 billion INR to India.