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The benefits of Offshore Qualifying Recognised Overseas Pension Schemes (QROPS) QROPS is a relatively new invention as far as British expats are concerned. UK pension holders were introduced a new retirement planning opportunities, called QROPS, on 6th April 2006. Prior to this date, pensioners moving overseas had the choice of either leaving their pension funds in the UK or to transfer them to their new country of residence. Before QROPS there were serious disadvantages for pensioners if the country in which they then resided had schemes that had less flexibility than the UK, or even had no pension system in place at all, such as in Thailand. The advantage of this legislation is that pensioners are now not required to transfer their QROPS to the country that have or intending to migrate to. This means that UK pensioners have far more options worldwide as the UK's Revenue and Customs permits UK pension rights to be transferred to a QROPS.