View Single Post
Old 29.08.2020, 12:25
GEtoUK GEtoUK is offline
Newbie 1st class
Join Date: Aug 2020
Location: Geneva
Posts: 19
Groaned at 0 Times in 0 Posts
Thanked 11 Times in 7 Posts
GEtoUK has earned some respectGEtoUK has earned some respect
Re: Planning to retire to the UK

View Post
You want to buy as many UK back years as possible, I think you can go back 5 years & pay until UK retirement. You will get close to a full UK pension if you do as 35 years are required for max pension.
Thanks ! I will contact HMRC and do that.

The more I read the more I wonder whether I should just stop working at 56, cash in all my LPP (mandatory and non-mandatory parts) and reinvest back in the UK and live of it.

Projected LPP plus some other liquid assets at 56 will allow me to invest 750k, withholding tax deducted. As far as I've read so far, getting the LPP over the UK is subject to witholding tax and not taxed in the UK.

Would just need to have the courage to do it. Huge decision
Reply With Quote