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Thanks to Adrian Campfield for the testimonial!

Check out his stream, he's an amazing artist!


Few of the hundreds of thousands of people that have driven up Interstate 5's Castaic grade, thirty minutes north of downtown Los Angeles, are aware of the stunning gorges that are found along Piru Creek upstream and downstream of Pyramid Reservoir.


Located just south of the intersection of the San Andreas and Garlock fault zones, the creek winds its way through land twisted and torn by the combined effects of these major faults, the related San Gabriel fault, the Pine Mountain fault, and several other smaller faults. The result is a stunning streamscape with towering cliffs, tilted strata, deep gorges, and remarkable views.


Add water and the reach between Pyramid dam and Lake Piru becomes one of the most unique, isolated, and scenic one-day, road accessible, whitewater runs in the Western U.S. It is considered a "must do" classic by many expert whitewater kayakers.


Water is the key. Water years with average,or above average, precipitation will usually produce some boatable days in February and March. But since the dam is just upstream, the release from Pyramid is the primary source of the water at the put-in. Sometimes it is necessary for boaters to make their way downstream on marginally boatable flows until side creeks add sufficient water.


You don't have to be a geologist to appreciate the unique terrain of Piru Creek -- you just need to be able to gawk at the rocks, cliffs and gorges in the 2500 ft. deep canyon and say, "Wow!" Want a "before you paddle" preview? Here's a Google Earth image of Piru Creek and Google Earth KMZ file of Piru Creek that shows much of the creek from Frenchman's Flat (on the left) to Lake Piru. Zooming in, here's a image of the "Falls Gorge" section, pictured on the right. For more info see Google Earth.


read more here



My buddy Jeff wanted to go fishing, so I packed my camera gear of course and tested out some new techniques my contacts have been asking me about.. stacking filters, testing the full capacity of the lee filter foundation. so I started with the HoyaND400, but I was blowing out my sky, so I tried my 3stop reversed gnd, and it didn't look so natural. The Lee .0.9 (3-stops) GND works wonders and is much stronger than cokin if you're rugged like me, its worth the extra cash.. =)


Sorry for all the emails I lagged on getting back to, I'm in the process of responding now, but my filckr mail gets flooded with contact requests, I have 2995 unread messages. I wish fiickr would separate mail from contact requests, don't you?



Explore 2009-03-30 - #75


Blackrock Baths, Blackrock, Dublin, Ireland.


That's right ... the constant cash flow in Ireland is now over. The tide is out and it could be a while before it returns.


Business Plan Financial Projections Start with a sales forecast. Set up a spreadsheet projecting your sales over the course of three years. Create an expenses budget. Develop a cash-flow statement. Income projections. For more information visit here.

Glass jar full of small change in front of a metallic bokeh style background. I used aluminium foil (rolled in ball then re-extended) for the background.


Don't spam my photo thread! Comments with awards or photos will be removed!


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According to Mayor Bloomberg the NYC Waterfalls art project gave the city 68.6 million dollars in economic activity,13.4 million more than expected. (The falls were shut off October 13,2008) The mayor claims the falls drew 79,200 tourists who came specifically for them and who also extended their visits to the city to see them.

On the East River



View On Black

Smart Doll Automatic Version


And then there is the robotics which come with the Automatic version of Smart Doll. I've purposely chosen not to talk too much about this product right now because it will confuse people as to what is available now. We are working on the Automatic Version in parallel but on a slower pace so that we can focus on the release of the Manual Version.

But now that we have generated cash flow from sales of the Manual Version, we can start to pick up the pace.

The plan is to replace your mobile device and computer with an interactive robot that has artificial intelligence - this may not all be ready for the first version but I must make it happen before I die.


View more at

Read/see more at my blog, The Awesome Summer Journal.


Today's Random Fact: We're going on our second week in Portland and I'm still without a job. Crossing my fingers that something comes up... I need some cash flow to support my buffalo wing tofu addiction! :D

This 12 metre waterfall is on Cash Burn which flows into Black Burn and ultimately into the South Tyne three miles West of Garrigill in Cumbria.

Cash Burn starts North of Cross Fell between Bullman Hills and Longman Hill. Is the most "out of the way" waterfall I have photographed.


Who doesn’t want a little bit of extra cash flowing on the side? And by side, I do not mean illegal. On the side, I mean something more than what you’re earning at your current job or as pocket money if you’re a kid. No matter how small the amount is, extra cash is always a...


New GIF tagged blue, money, green, power, 100, king, shopping, share, bet, shop, success, bill, cash, hypnotic, black friday, check, kingdom, bubble, notes, rob, custom, safe, total, note, market, steal, return, hypnosis, dollar, sold, confidence, offer, bank, economy, treasure, stock, price, powerful, retail, pay, worth, credit, nasdaq, cheap, wallet, trade, expensive, manager, taxes, management, prize, Sell, duty, saving, debt, budget, tax, investment, transfer, damages, atm, risk, buck, account, franklin, investing, bucks, claim, legit, konczakowski, loan, greedy, providence, teller, stolen, selling, stock market, wealth, income, nyse, stocks, bail, arson, dow jones, stole, payment, buying, roi, accounting, banking, wealthy, paypal, robber, dolar, fee, shares, successful, cashier, claims, amount, funds, seller, wage, abundance, investor, accountant, piggy bank, fiscal, plenty, prudence, refund, customs, banker, thrift, economic, big deal, equity, revenue, counterfeit, payroll, pricing, thou, bankruptcy, retailer, earns, stock exchange, treasury, banknote, con artist, piggybank, shopping spree, western union, deficit, cash flow, debit, debts, skimming, cash cow, bank note, pricey, laundering, great deal, treasurer, moneygram, legal tender, adjusted, thrifts, chapter 13, expenditures, revenues, defraud, s&p, fiscus, depreciation, tariff, bill me, cheapy, creditor, ad infinitum, superavit, net worth, bill note, big buck, chapter 13 bankrupcy, fraudster, tech bubble, black tuesday, good management, scrimping, financial instrument, good husbandry, depreciate, frugalness, canniness, careful budgeting, return rate, rare sparingness, thriftiness, economizing, public offer, carefulness, scrimping and saving, equity share via Giphy

New Post has been published on Ultimate QNUPS Guide. What You Need To Know[vc_row][vc_column][vc_column_text]Table Of ContentsThe Ultimate QNUPS GuideWhat Is A QNUPS?Who Can Qualify?Is It A Good Option For Me?What Can Be Included?When And What Can You Take Out?How Much Do I Need To Invest?Minumum ValuesTax ImplicationsThe Difference Between QNUPS And QROPSWhat You Need To Do Next1. Check If You Qualify2. Chat To Someone About It3. Download Our QNUPS Guide4. Moving Forward5. Start the Transfer6. How Long Will It Take To Transfer?7. Enjoy Your BenefitsWhat Are The Benefits?Free From Inheritance TaxWidely AvailableNo Maximum LimitNo Maximum Age for ContributionsTax EfficientContributionsNo Capital Gains TaxTake A Detailed Look At The Assets That Can Be IncludedWhat Can Be TransferredAssets TransferAsset GrowthCheck If You QualifyEligibilityMinimum Age LimitOther Eligibility FactorsWhat Are The Costs To Transfer To A Qualifying Non-UK Pension SchemeOnetime Setup FeeAnnual Maintenance FeeAdditional FeeAdvisor’s FeesWhat Are The Taxes?Tax ImplicationsWhat Are The Benefits?IHT And CGTWhy It Is A More Reliable Saving Scheme?Opportunities OfferedVarying LawsQNUPS Guide FAQ


The Ultimate QNUPS Guide

Understanding QNUPS Benefits

Globalisation has had a huge impact on the flow of money worldwide. With several people choosing job opportunities abroad there has been an increased demand for more flexible investment options.

Along with these new opportunities, the responsibility to provide adequate pension schemes has risen. QNUPS was created in 2010 after the introduction of QROPS in 2006.

Find out more by reading through our QNUPS guide.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]

What Is A QNUPS?

It is a Qualifying Non-UK Pension Scheme. This was introduced to rectify a mistake that was made in the 2004 Finance Act. Our QNUPS guide will take you through everything you need to know about the scheme.

The 2004 Finance Act stated that money placed in a Qualifying Non-UK Pension Scheme would be subject to UK inheritance tax in the event of the death of the holder.

However, with the introduction of QNUPS, any money transferred to the scheme will not be subject to inheritance tax.


QNUPS is the answer to many UK domiciled individuals Click To Tweet

as it offers them an opportunity that is unique, efficient and easy to access as the minimum age to acquire a Qualifying Non-UK Pension Scheme is just 18 years.

The “Qualifying” part means that the overseas pension scheme must meet Her Majesty’s Revenue & Customs strict criteria for pension schemes that will not attract UK inheritance tax.

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Who Can Qualify?

Another popular question that we wanted to include in our QNUPS guide is ‘Who can qualify?’ This pension scheme is open to anyone who is a resident in the UK or those who have moved out of the United Kingdom but have retained their UK domicile status for IHT. To qualify the individual should be overseas, and are not restricted to countries with Double Taxation Agreements with the United Kingdom.

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Is It A Good Option For Me?

One of the major reasons is that you will be exempt from UK inheritance tax. This enables a QNUPS scheme holder to pass on all of their assets to their beneficiary. One of the other reasons is that QNUPS can accept money that has not been earned in employment. You also do not need to make any lifetime contribution. There is no maximum age at which you can make payments into a scheme.


What Can Be Included?

With a QNUPS, you can put in almost anything you like including residential property and just about any kind of assets that are traditionally associated with retirement funding.

QNUPS can also hold things like antiques and fine wines. Click To Tweet

When And What Can You Take Out?

Similar to any UK private pension scheme, you can only access your benefits after the age of 55.

However, it could be possible to get a loan from the scheme before you reach the age of 55. Depending on the scheme’s rules, you may be permitted you to access larger tax free lump sums earlier than a normal UK pension. Continue reading our QNUPS guide for all the assets that can be included.


How Much Do I Need To Invest?

Though QNUPS and QROPS are both overseas pension schemes, some of the benefits of QNUPS are outstanding. This is especially in the area of its flexibility in accepting assets as well as cash and its most popular UK inheritance tax charge mitigation.

However, when it comes to QNUPS minimum values there are certain factors that should be considered.

Make sure you are well informed before getting a private pension plan! Luckily for you we have all the information you need![/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]

Minumum Values

There is no stipulated minimum value. However, as you will discover in reading this QNUPS guide, you need to be aware that UK tax charges may be applicable if an individual exceeds the UK Lifetime Allowance limit. The current UK lifetime allowance limit 2011/2012 stands at £1.5 million.

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Although there is technically no minimum value to transfer your pension, service providers recommend a minimum amount of £100,000.


This is because the running costs of the selected pension scheme. Any transfer amount less than £100,000 is not likely to be viable.

Though there have been cases where £75,000 has been transferred to a scheme, advisors recommend to keep the figure at £100,000. Hence the minimum value can be as low as £100,000.

However, in certain cases, personal circumstances and trustee discretion could be taken into consideration and have the minimum limits lowered for a transfer.

It’s important to know how to choose the best QNUPS Jurisdiction for you. Make sure you are well informed! You can find all the information on our site.

Tax Implications

You will need to take into account which jurisdiction you are using for your scheme. Benefits received are not taxable in the United Kingdom; however, you need to check whether you will be taxed in the jurisdiction in which the scheme is held.

In view of this,

Advisors recommend a QNUPS minimum value of £100,000. Click To Tweet

It is also recommended to talk to your advisor for specific minimum value.


The Difference Between QNUPS And QROPS

Both offer various benefits, both are parked offshore but both are not the same. In the QNUPS guide we have detailed the main differences.

It is important to understand the difference in structure and implication between QROPS and QNUPS to be able to evaluate which would be more useful in one’s circumstances.

Here are a few things that show the differenct schemes side by side:

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An individual taking a QROPS should be living outside the UK or should live outside the United Kingdom for tax purposes for at least 5 years

An individual taking a QNUPS can be resident in the United Kingdom or in any part of the world but who have retained UK domicile status

QROPS are open to anyone with a UK pension, both UK residents and foreigners who have been working in the UK but who are now residing in another country

QNUPS is open to any UK resident and to UK domiciled residents currently living in another country, not necessarily in countries that have signed the Double Taxation Agreement with the United Kingdom.

Every QROPS has to be reported to the HMRC for 5 years after you have left the United Kingdom

With a QNUPS, you do not have to report it to the HMRC

With QROPS, once you have taken an initial lump sum, you can only derive income from what is left of your funds

With QNUPS, you can continue to invest into the scheme even after taking an initial lump sum




There is NO maximum age for taking a QNUPS

In most cases assets will have to be liquidated before it can be transferred to a QROPS. Not all QROPS schemes accept assets before liquidation.

With QNUPS, assets do not have to be liquidated before transferring them to a QNUPS. You can transfer just about anything you like, such as; antiques, residential property, fine vintage wines including other assets.

QROPS offers less confidentiality as all schemes must be reported to the HMRC.

With a QNUPS, there is much more confidentiality as schemes do not have to be reported to the HMRC. This is because QNUPS countries are not required to have Double Taxation Agreements with the United Kingdom. Therefore all QNUPS do not have to be reported to the HMRC, unlike for a QROPS which has to be reported for the first 5 tax years.

With QROPS, assets can be classified as “estates” and can attract inheritance tax charges

WITH QNUPS, there is no inheritance charge that is levied upon the named beneficiaries


[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]When comparing QNUPS vs QROPS there are vast differences between the two, though both are overseas pension schemes. You can talk to our financial advisor if you want to compare QNUPS vs QROPS in more detail.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]

What You Need To Do Next

Because of its flexibility and tax efficient factors, it is recommended for those wanting to transfer their UK pensions, assets offshore where it can grow and generate gains that will not be lost by way of heavy taxes. As you may have gathered through reading this QNUPS guide, there is no one size fits all and it is imperative that you consult with an advisor regarding your specific needs.

We Will Guide You Through The Steps

These next steps in the QNUPS guide will help you prepare to transfer your retirement plan.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_empty_space][vc_column_text]

1. Check If You Qualify

To be eligible to transfer your UK pension you need to be at least 18 years old.

The scheme is open to UK residents as well as UK domiciled residents who are currently living abroad.

However, if you are planning to return to the UK at a later time, then you will lose IHT exemption and you will be liable for IHT under UK tax laws.


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2. Chat To Someone About It

The second step is to get sound advice. Find out about transferring your UK pension – we can help by putting you in touch with a reputable registered financial advisor in your area (free and without obligation).

You can decide what you want to invest after talking to the advisor and he will guide you in the process of setting up the transfer.

3. Download Our QNUPS Guide

Download our comprehensive QNUPS guide and understand all that you need to know about the benefits of the scheme.

Our QNUPS guide will answer most of your questions. You can also contact us and our reputable registered financial advisor will contact you and help you process the transfer.

4. Moving Forward

Once you have spoken to our financial advisor, and after you have understood the various factors, you can choose to start the transfer process.

Any questions you may have regarding mitigating from the UK inheritance tax charge can be discussed with the advisor.

5. Start the Transfer

Now for the most important step.

Our reputable registered financial advisor will arrange for your pension, assets or both to be transferred to your new pension scheme.

You are now on your way to protecting your assets and parking it in a place where it can grow and reap dividends.


6. How Long Will It Take To Transfer?

Transferring does not require liquidating your assets before they are transferred, so the time taken will be considerably less.

However, each transfer is unique and your financial advisor will be able to give you a more accurate time limit after assessing your scheme.

7. Enjoy Your Benefits

Once your transfer is through, you can sit back and relax knowing that your investments are working for you.

You can also rest easy knowing that you do not have to lose any money by way of IHT and capital gain tax.

A QNUPS pension scheme provides for easy transfer of all your remaining assets Click To Tweet

and capital gains to your named beneficiaries without the loss of IHT to the taxman.



Letting Your Investments Grow

Any UK resident or UK domiciled individual taking a QNUPS will not have to pay any inheritance tax and all the assets of the scheme taken will be transferred to the named beneficiary upon death of the holder.

There are various QNUPS benefits that you can receive when you take a QNUPS transfer. Click To Tweet

What Are The Benefits?

The benefits outlined below are generally applicable.

However, due to the technicalities involved in each individual case it is important to check this with your financial advisor.

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Free from Inheritance Tax and other local taxes for which you might be liable

No Maximum Limit for what can be invested in this scheme

No Maximum Age for contributions

Tax efficient, in many cases may avoid local wealth taxes

Contributions do not need to be made from earned income

Growth is free from CGT (Capital Gains Tax) which means the capital growth of your assets can be passed on in full to your beneficiaries

The QNUPS guide covers the main benefits, but your situation may be different


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Free From Inheritance Tax

Introduced in February 2010 by the UK government, schemes have been designated by a set of rules that confirming that certain offshore pension schemes would not be subject to the UK’s Inheritance Tax.

By taking a QNUPS an individual can shelter his/her assets in an offshore pension scheme. Click To Tweet

It is a legitimate way of mitigating your inheritance tax bill.

Widely Available

One of the other benefits is that it does not only have to be located in countries that have signed the Double Taxation Agreement with the United Kingdom.

This is very advantageous as it has two significant issues.

Firstly, since it does not have to be located in country with a DTA, there needs to be no reporting requirements. So the scheme does not have to be reported to HMRC.

Secondly, schemes can be hosted is several other countries thereby giving you wider choice.


No Maximum Limit

Tthere is no maximum limit on how much can be transferred. Other offshore pension schemes might have a limit, but you can decide how much you want to invest.

No Maximum Age for Contributions

Unlike other overseas pension schemes,

Тhere is no maximum age limit to contribute to a QNUPS. Click To Tweet

You can contribute for as long as you like.


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Tax Efficient

The most important part of taking a QNUPS is that your assets including capital gains are passed on to your named beneficiaries without any tax implications.

In other pension schemes as much as 40% could be charged as tax.

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Another one of the benefits is the contributions is unlimited and can be made from a variety of sources. Contributions need not only be made from income earned but from assets acquired by you in any way.

Assets do not have to be liquidated prior to transfer. Residential property, antiques and even fine vintage wines are accepted.

No Capital Gains Tax

Another one of the popular benefits is that you will not be taxed for your capital gains.

The full capital growth of your assets will be passed on to your beneficiaries. Click To Tweet


Take A Detailed Look At The Assets That Can Be Included

A QNUPS can be taken by anyone who is a UK resident or any UK domiciled individual currently residing outside the United Kingdom.

You can transfer just about anything with a QNUPS assets transfer. Click To Tweet


What Can Be Transferred

This QNUPS guide covers the general inclusions, but there are many more. Investors have the opportunity to move a wide range of assets into the scheme. Schemes may hold investments, assets, residential property and cash.

In addition to this, transfer of unconventional assets such as an antique collection and wine are also allowed to be transferred.


This provides pension holders the ability to hold a wide range of assets with their structure, providing increased tax protection on a broader collection of assets.

Because of the flexibility that a transfer offers, it has become one of the most popular offshore pension schemes in the UK.

In comparison to QROPS, a QNUPS offers more investment options for individuals who might want to invest and increase their assets and offers greater flexibility

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Assets Transfer

Since a transfer allows for the inclusion of assets and other items, there is no need to liquidate the assets first before transfer

This allows individuals to hold property or antiques in their scheme and pass them onto their named beneficiaries.

In stark contrast to other IHT planning steps, when assets are transferred to a scheme the IHT mitigation is immediate.

You do not have to wait for seven years following the date of the transfer for the IHT to become effective.

Asset Growth

All asset growth and capital gains are passed on to the beneficiaries.

So in effect, all assets that you transfer grow and the assets together with the benefits are safeguarded. It is ideal because you can transfer unconventional assets..


Check If You Qualify

The scheme is available to UK residents and non-UK residents. Here are some things you need to know about eligibility.

Anyone who is a UK domiciled resident can use a QNUPS. Click To Tweet

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Remember this – as part of the QNUPS guide: one of the biggest benefits is that you will be exempt from the UK inheritance tax charge.

However, it should be noted that if a scheme holder returns to the UK within 5 years of taking the scheme, then his/her inheritance tax exempt status will be lost and the individual will be subject to the UK’s inheritance tax charge.

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Any person who is a UK resident, or who have moved outside the United Kingdom but have maintained their UK domicile status is eligible.

When considering a this option, the citizen’s domiciled status is a key factor in determining if their wealth will be subject to the UK inheritance tax charge.

Generally speaking, a person is considered to be domiciled in the country where their permanent home is located.

That is, if a person is staying in France but his permanent home is in the UK, then he is considered to be domiciled in the United Kingdom. The law stipulates that a tax payer can have only one domicile at a time.

Minimum Age Limit

The minimum age limit for a QNUPS is 18 years. Click To Tweet

There is no maximum age limit, unlike other overseas pension schemes.

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Other Eligibility Factors

Other factors that are connected to eligibility include:


All UK domiciled persons and UK residents are eligible and can make pension contributions in excess of the UK maximum limits. UK domiciled persons can be residing in any country not necessarily only in countries that have signed the Double Taxation Agreement with the United Kingdom.

UK non-residents, who already have a QROPS, should talk to their financial advisors to see if they are eligible in case they wish to increase their pension contribution.

Individuals who think it is a priority to save on the UK inheritance tax charge, their earned income and also for other assets they might have as well.

Individuals looking to consolidate their assets including other investments and savings in a less regulated pension environment.



It should be noted that ONLY non-investment QROPS can be transferred, otherwise there will be a 55% unauthorised payment charge levied on the individual.

For those who are looking to transfer funds from an investment regulated QROPS to a QNUPS, the funds invested in an investment regulated QROPS should first be transferred to a non-investment regulated QROPS.

Once this is done, the individual can start the process of transferring funds from the QROPS.

In all cases it is advisable to talk to your financial advisor. You can also contact us and we will help you with any queries you may have regarding eligibility.

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You can contact us and we will arrange for our reputed financial advisor to give you a detailed explanation of the information that we’ve included in this QNUPS guide.



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Taking a QNUPS can prove quite advantageous Click To Tweet

For any UK resident or UK domiciled resident. Qualifying Non-UK Pension Schemes provides a legal way of mitigating the UK Inheritance Tax charge.

There are very few drawbacks to opening a Qualifying Non-UK Pension Schemes. The scheme provides great personal benefits and the tax benefits are astounding. Costs are extremely reasonable unlike in a QROPS where the charges are much more.


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What Are The Costs To Transfer To A Qualifying Non-UK Pension Scheme

All accounts are set up with a predetermined fee structure. There are three categories of fees that are payable in a QNUPS. These are the costs you will incur.[/vc_column_text][vc_column_text]Find Out More About QNUPS.[/vc_column_text][/vc_column][/vc_row][vc_row type=”vc_default” bg_type=”bg_color” css=”.vc_custom_1463389579860padding-top: 15px !important;padding-bottom: 15px !important;” bg_color_value=”#6997bf”][vc_column][vc_column_text]

Onetime Setup Fee

You will need to pay a onetime set up fee. This is not a big amount as compared to QROPS. The cost of setting up is much lower than a QROPS.

You do not have to worry about whether your benefits will cover the expenses incurred as the costs are low making it one of the popular overseas pension schemes.

Costs for each QNUPS are not the same and your financial advisor will be able to give you an exact quote from the service providers.

Annual Maintenance Fee

Again, the annual maintenance fee is much lower compared to a QROPS. Depending on the particular scheme you are taking, your financial advisor will be able to determine the annual maintenance fee and let you know before you actually make the pension transfer.

Additional Fee

There may be additional fees depending on what specific action you may wish to take that could be added to costs. However, whatever you may choose to do, all fees are clearly itemized during the set up process.

It is recommended to go through the scheme carefully and talk to your financial advisor if you are unclear about some part or want clarification about any additional fee that is going to be charged.

Advisor’s Fees

Some advisors charge fees by the hour. However, it is unlikely that your advisor will charge you any fees as providers normally pay advisors a certain commission.


In comparison to QROPS which is also an overseas pension scheme, QNUPS costs are very reasonable and the benefits are excellent, thereby making it very cost effective.


What Are The Taxes?

Though there are no UK inheritance tax and capital gain tax to be paid. Yet, investors need to confirm that

There will be no low tax bills to pay in the country where the QNUPS is based. Click To Tweet

You will have to talk to your financial advisor and check if there would be any tax payable after a certain number of years. You will have to check the tax options available in various QNUPS countries before you decide where you want to transfer your pension.


Tax Implications

In February 2010, the UK government introduced the QNUPS guide, which stands for Qualifying Non UK Pensions Scheme. This term acknowledges the fact that certain overseas pension schemes are not subject to Inheritance Tax in the UK. Here’s what you need to know about tax implications.

Qualifying Non-UK Pension Schemes therefore offers a legal and tested method for mitigating IHT whereby assets are sheltered in an offshore (overseas) pension scheme. A QNUPS guide therefore ensures that the assets built up during an individual’s lifetime can be passed on to beneficiaries with substantial tax savings. These QUNPS tax implications will help you plan which scheme to take.

[/vc_column_text][vc_column_text]You can have great advantages if you choose the correct QNUPS Jurisdiction.[/vc_column_text][/vc_column][/vc_row][vc_row type=”vc_default” bg_type=”image” parallax_style=”vcpb-default” bg_image_new=”id^11743|url^|caption^null|alt^The Benefits Of A QNUPS|title^background-QNUPS|description^null” bg_image_repeat=”no-repeat”][vc_column][vc_column_text]

What Are The Benefits?

Reading through our QNUPS guide, you may have notes that it is quite similar to QROPS in structure although you can enjoy its benefits without being subjected to the restrictions that QROPS is known for. QNUPS tax implications are different from that of QROPS.


It is not limited to countries that have signed the double taxation agreement with the United Kingdom

You are free from any reporting obligations to the HMRC. Nevertheless, there are particular countries which allow authorities from the Tax Information Exchange Agreements to report any suspected fraud.


Once you have finished reading through this QNUPS guide, make sure you check our in depth article on QNUPS benefits.




UK residents and domiciled individuals have long been concerned about the impact of inheritance tax to their assets and investments. A Qualifying Non-UK Pension Schemes is a legal way to shelter their assets and investments and mitigate the high rate of the UK inheritance tax charge.

The holder can pass on the assets and investments to his/her heirs without any substantial tax obligations, therefore, a legal and most efficient method to mitigate IHT.

The assets are exempt from the Capital Gains Tax (CGT), therefore, additional savings and growth for your investment, which your beneficiaries can fully enjoy when it is passed on to them. This is of vital importance for high net worth individuals who are required to pay the increased CGT rates.


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Why It Is A More Reliable Saving Scheme?

Because of its instant protection for your cash contribution and assets as soon as it is transferred. This means that even if something happens to the holder right after setting up, their beneficiaries can take the assets/funds without any death duties.

Other IHT saving schemes only provides protection for the assets from inheritance tax after several years of signing up to the particular saving scheme.

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Opportunities Offered


UK residents and domiciled individuals with high net worth and substantial levels of income need not worry about tax obligations in their pension contributions.

It allows your investment to grow in a tax-free environment Click To Tweet

, which makes it the ideal option for high earners and for anyone who have already reached maximum funding limit for their UK pensions.

As we have noted previously in the QNUPS guide, other domestic and foreign pension schemes are not exempt from the rules of maximum lifetime contributions. Here, there is no maximum limit.


Varying Laws

The complexity of the Qualifying Non-UK Pension Schemes tax implications varies in different jurisdictions. You will need to speak to your financial advisor to know if the jurisdiction you choose has any tax charges that will be imposed on benefits gained after the initial 5 years.

[/vc_column_text][vc_column_text]Do you know about all the QNUPS Benefits and Assets you can take advantage of? Make sure you are well informed for your investment decisions and that you have taken note of the important information in this QNUPS guide.[/vc_column_text][/vc_column][/vc_row][vc_row type=”vc_default” bg_type=”bg_color” css=”.vc_custom_1463391834834padding-bottom: 15px !important;” bg_color_value=”#f2f2f2″][vc_column][vc_column_text]


Qualifying Non-UK Pension Schemes have been recently introduced by the HMRC and offer individuals a number of benefits including substantial tax savings.


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They were introduced on 15 February 2010 by the HMRC and is a regulated tax efficient pension scheme which allows investment of wealth overseas. Although it is a pension fund it does have a degree of flexibility and has some significant tax advantages as we have detailed in this QNUPS guide.

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Anyone is eligible to invest in a Qualifying Non-UK Pension Schemes unless the country where you are resident specifically excludes this.

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Tax efficient – local taxes and inheritance tax

Tax free asset growth

No maximum age limit for investing into scheme

No maximum limit on the amount invested

Decide who will inherit funds and assets by designating beneficiaries

Avoid local wealth taxes in most jurisdictions

Not necessary to receive income from employment to make contributions

May hold assets such as property, investments, arts and antiques


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No reporting requirements to the HMRC, whereas with a QROPS, it is a prerequisite to report to the HMRC for 5 years after you have left the UK.

Allowance for continued investment into the scheme after taking an initial lump sum, whereas with a QROPS, once you have taken an initial lump sum you only derive an income from the funds that are left.


If there are questions that our QNUPS guide hasn’t answered, please get in touch.





Thank You =) ... Explore #1


This Photo Got Published!!!


Five dice stacked together with the 5 showing on the top dice..


Who's thinking way outside the box on this one! I know.. clever huh? [ Sarcasm ].


[ Numbers Story... ]


This weekend I went to Oakland, California for drinks at a Belgium bar and then dinner at a restaurant for my friend Mike's 26th birthday. Mike was one of the guys in the group I hung out with in college at University of California at Davis. It was great fun although there was some dispute about going to Oakland. My friends were worried it would be too dangerous on the streets at night since we don't own Kevlar so we didn't plan on partying afterwards. I argued that it wasn't an issue because we probably wouldn't get shot since we're not gang bangers or drug dealers.


Anyway, throughout the whole day we were re-telling stories about our old college days and the stupid things we did together and Jesus, talk about numbers, that was over three years ago! As the evening went on, a few of us were talking about marriage (diamond ring cost, wedding cost), jobs (income, cash flow, taxes) and the worst of them all... our mortgages (self explanatory). If there was a way to photograph one macro picture for my Saturday in regards to numbers, I would have totally posted that. Instead, I give you five dice stacked on top of each other blown out of focus via macro lens bokeh!


This is for the group Macro Mondays. This is a fun little group where every Monday, a macro photograph is submitted for the week's theme. This week's theme was "Numbers".


Taken with a Nikon D50 w/ a 60mm f/2.8 Micro Nikkor Lens...

Nikon Speedlight SB800...

Details and a blurry view from the bow of a boat.

Who doesn’t want a little bit of extra cash flowing on the side? And by side, I do not mean illegal. On the side, I mean something more than what you’re earning at your current job or as pocket money if you’re a kid. No matter how small the amount is, extra cash is always a...

Who doesn’t want a little bit of extra cash flowing on the side? And by side, I do not mean illegal. On the side, I mean something more than what you’re earning at your current job or as pocket money if you’re a kid. No matter how small the amount is, extra cash is always a...

Who doesn’t want a little bit of extra cash flowing on the side? And by side, I do not mean illegal. On the side, I mean something more than what you’re earning at your current job or as pocket money if you’re a kid. No matter how small the amount is, extra cash is always a...


Who doesn’t want a little bit of extra cash flowing on the side? And by side, I do not mean illegal. On the side, I mean something more than what you’re earning at your current job or as pocket money if you’re a kid. No matter how small the amount is, extra cash is always a...


Who doesn’t want a little bit of extra cash flowing on the side? And by side, I do not mean illegal. On the side, I mean something more than what you’re earning at your current job or as pocket money if you’re a kid. No matter how small the amount is, extra cash is always a...


Who doesn’t want a little bit of extra cash flowing on the side? And by side, I do not mean illegal. On the side, I mean something more than what you’re earning at your current job or as pocket money if you’re a kid. No matter how small the amount is, extra cash is always a...

Part of Rowley’s charm is that while locals have spent thousands of dollars fixing up many of the old community’s homes and buildings to reflect the town’s pioneer days, there are still many others left abandoned, and offer ghost towners wonderful photo opportunties. But 1999 also saw the regional train service through Rowley end and locals are worried about the community’s future.“That’s really going to hurt our cash flow,” said one old-timer, noting as many as 900 train tourists a week would get off at the Rowley station, which also serves as the town’s museum.However, the town, which now has an official population of 12, is still hoping word-of-mouth will keep tourists coming. Locals meet at the community hall year-round, and gladly offer visitors a tour even in the cold winter months.




I have to say when we were there...Not a single soul in sight!!!


Textures by pareeerica:


Paper Grunge:


Hint of Jade Lace:


Explored 14.11.08 - #469



Most two story barns in the Midwest started out as small dairies, a consistent cash flow for the farmer. But consolidation, milk prices and other factors forced most out of business. The empty pasture, barn and silo here testify that skills and trades can have a short life.


Follow murphyz: Photoblog | Twitter | Google+ | 500px | Tumblr | Instagram


I overcame great adversity to take this shot, so I hope you all appreciate it.


Well I say adversity, I was stood on a bridge with four other photographers. It was the kind of bridge that shakes ever so slightly when people move on it – not enough to make you sea sick but enough to make the image from a long exposure a tad blurry. It took great skill to time this shot so that I could get as little movement as possible. That and some forceful barking towards my friends to keep still :)


The bridge is slightly at a skewed angle and offset from where I would otherwise want to take this shot, however it did offer a nice reflection on a night where the water was nice and calm, so I quite like the results achieved here after a little perspective shift in CS6.


For those unfamiliar with London, this is Canary Wharf, the business district of this wonderful city.


>> View the daily photoblog

New GIF tagged money, green, 100, king, shopping, shop, bet, success, cash, hypnotic, black friday, check, bubble, kingdom, rob, custom, safe, total, note, market, steal, dollar, hypnosis, sold, confidence, offer, economy, bank, treasure, stock, price, retail, pay, worth, credit, nasdaq, cheap, trade, expensive, taxes, Sell, prize, duty, debt, budget, tax, investment, transfer, damages, risk, account, atm, buck, investing, bucks, loan, teller, stolen, stock market, selling, wealth, nyse, income, konczakowski, stocks, dow jones, bail, stole, buying, payment, accounting, banking, wealthy, dolar, robber, fee, cashier, amount, paypal, funds, seller, wage, abundance, investor, plenty, fiscal, refund, customs, banker, economic, counterfeit, revenue, payroll, pricing, bankruptcy, thou, retailer, earns, treasury, con artist, shopping spree, banknote, western union, deficit, debit, cash cow, cash flow, pricey, laundering, bank note, treasurer, chapter 7, moneygram, s&p, fiscus, expenditures, tariff, revenues, chapter 13, cheapy, superavit via Giphy

Dear Small Business Owner,

Do you know what the difference between “rich” and “wealthy” is?

People sometimes use the two words synonymously, but there is a BIG difference … Rich people have money temporarily. Wealthy people have money forever.

You see, rich people don’t truly understand money. They may get “lucky” and have a few good years … but they spend their money just as fast as they make it. And once it stops coming in, they’re no longer rich.

On the other hand, a wealthy person can live for years (even decades) off of their savings and investments.

Now, if I asked you which you’d rather be—wealthy or rich—the answer is obviously wealthy. But if I asked you HOW to attain wealth, you probably wouldn’t have an answer.

That’s why I created the Platinum Mastermind … to show you HOW to achieve and maintain lasting wealth. Platinum is the next natural step in your progression from starting a business (Silver and Gold) to scaling your business (Titanium).


Now that you’ve learned how to generate reliable cash flow, you’re going to learn how to build a SECOND business with that cash at Platinum.

You see … everyone should have TWO businesses:

* One that generates cash flow.

* One that turns that cash into long-term wealth (through investments).

Here’s Why …


If you stop working in your first business, then you won’t have any cash coming in, and you will quickly deplete your savings.

(You’re basically living from paycheck to paycheck.)

But, if you build a 2nd business—where you invest some of your cash into various assets—then you will make money passively.

When you do this right, your money will work for YOU (not the other way around), and you will create lasting wealth.

And at the Platinum Mastermind, you’ll learn how to invest the right way.


At The Platinum Mastermind:


You’ll learn directly from some of the wealthiest mentors on the planet on asset protection, real estate, precious metals, and stocks.

You’ll also learn how to “reprogram” your mind to have a Prosperity Mindset.

You see, in order to achieve wealth and preserve it you need two things:

* The proper mindset.

* The “tools” for building wealth through real estate, precious metals, stocks, and asset protection.

And the Platinum Mastermind will give you both.

As a Platinum Mastermind member, you’ll get a complementary 6-night stay at the resort during the core training program, for you and a guest, which includes accommodation, food, drinks, activities as well as local airport pickup and drop-off.

You’ll learn from some of the wealthiest, most powerful mentors on the planet, but Platinum is not a “make money” seminar or “pitch fest.”

It is a mixture of training, intimate networking, and life-changing adventure.

Not only will you learn from some of the best minds in the world on subjects like wealth building, asset protection, and stock investing …

You will rub shoulders with them at meals, by the pool, and at the bar.

You can ask those questions 1-on-1 that you don’t want to ask “in public.”

You can hang out with them at the bar, where they’ll be much more willing to share their “secrets” with you after a couple drinks.

You will also participate in exhilarating outdoor activities like ziplining, snorkeling, and riding dune buggies.

For some attendees who have never seen a starfish or challenged their fear of heights, this can be life changing.

Who doesn’t want a little bit of extra cash flowing on the side? And by side, I do not mean illegal. On the side, I mean something more than what you’re earning at your current job or as pocket money if you’re a kid. No matter how small the amount is, extra cash is always a...

Who doesn’t want a little bit of extra cash flowing on the side? And by side, I do not mean illegal. On the side, I mean something more than what you’re earning at your current job or as pocket money if you’re a kid. No matter how small the amount is, extra cash is always a...

Who doesn’t want a little bit of extra cash flowing on the side? And by side, I do not mean illegal. On the side, I mean something more than what you’re earning at your current job or as pocket money if you’re a kid. No matter how small the amount is, extra cash is always a...

Who doesn’t want a little bit of extra cash flowing on the side? And by side, I do not mean illegal. On the side, I mean something more than what you’re earning at your current job or as pocket money if you’re a kid. No matter how small the amount is, extra cash is always a...

Who doesn’t want a little bit of extra cash flowing on the side? And by side, I do not mean illegal. On the side, I mean something more than what you’re earning at your current job or as pocket money if you’re a kid. No matter how small the amount is, extra cash is always a...


Who doesn’t want a little bit of extra cash flowing on the side? And by side, I do not mean illegal. On the side, I mean something more than what you’re earning at your current job or as pocket money if you’re a kid. No matter how small the amount is, extra cash is always a...

The Vienna Stock Exchange, founded in 1771 as one of the oldest stock exchanges in the world, is now a modern, customer- and market-based financial services company. It not only operates the only securities exchange in Austria, but the Austrian electricity EXAA and the CEGH Gas Exchange of the Vienna Stock Exchange. The main business areas include trading in the cash market (equity market, bond market), at the futures market and in structured products. Additional services include sales data, index development and management, and financial market specific seminars and courses. The Vienna Stock Exchange is the initiator and as well as the stock exchanges of Budapest, Ljubljana and Prague, a 100 % subsidiary of the CEE Stock Exchange Group (CEESEG), the largest exchange group in Central and Eastern Europe.


The Vienna Stock Exchange was founded by Maria Theresa and is one of the oldest stock exchanges in the world. Initially, only bonds, bills and foreign exchanges were traded. The Austrian National Bank was in 1818 the first public company listed on the Vienna Stock Exchange.

In the middle of the 19th Century, the growing industrialization brought a huge economic boom and many companies financed themselves with stock issues on the bourse. A liberal economic policy favored hasty and sometimes unsound business ventures. These factors set off a wave of speculations that on 9 May 1873 with the Vienna stock market crash ended abruptly. About half of public companies disappeared from the exchanges. It took years till the stock market of the Vienna Stock Exchange recovered from this setback .

Old stock exchange building in Vienna's Ringstrasse, built in 1877 by Theophil von Hansen.

New regulations and stock exchange laws had become necessary in order to handle the increasingly lively trade in an orderly fashion. 1875 third exchange law was enacted in the history of the Vienna Stock Exchange, which guaranteed the complete autonomy of the Vienna Stock Exchange and a smooth trading process. 1877, the by Theophil von Hansen designed historic stock exchange building on Scots ring (Schottenring) was inaugurated.

From the end of the 19th Century until the outbreak of the First World War, the situation on the capital market further consolidated. During the First World War, the stock market was closed. Not until the end of 1919, the official stock trading was resumed and the Vienna Stock Exchange experienced again a strong inflow and a boom, which ended abruptly with a crash in March, 1924. Share prices rebounded in Vienna in the following years just slowy. However, the fall in prices on the New York Stock Exchange in October 1929 had no significant impact on Vienna.

Although the position of the Vienna Stock Exchange was severely diminished as a financial center by the fall of the monarchy, it kept for South Eastern Europe continued importance. Among the 205 shares that were traded on the Vienna Stock Exchange in 1937, yet there were 75 from the Succession States.

With the annexation of Austria to the German Reich in 1938, the Vienna Stock Exchange lost its independence and was subordinated to the German stock exchange law. Securities trading itself was - albeit very limited - continued until shortly before the end of the Second World War. In 1948 the stock market was reopened. The stock market suffered after the war by the nationalization of individual industries a certain narrowing. The bond market, however, had recovered after the currency reform in 1952.

A major fire on 13 April 1956 destroyed a part of the exchange building. The building was re-opened in December, 1959.

While the bond market of the Vienna Stock Exchange grew steadily, the stock trading continued to lead a shadowy existence. The big change came only in 1985, when an American analyst triggered a stock market boom by drewing the attention to the extremely high potential of the Austrian capital market. After two decades of stagnant rates, it came to price increases of 130 %. Revenues increased six-fold. That changed the hitherto rather subdued setting of economic policy to the stock market. A number of large companies in the following years went on the market, such as RHI, OMV (1987), Austrian Airlines, Verbund (1988), EVN (1989). From mid-1988 on the Vienna stock exchange once again began a stock market boom, which lasted until August 1990.

In December 1997, the Vienna Stock Exchange with the Austrian Futures and Options Exchange (ÖTOB) was fused to the new Wiener Börse AG.

In January 1998, the Vienna Stock Exchange moved to premises of the OeKB at Strauchgasse 1-3 and in the Wallnerstraße 8, 1014 Vienna.

Following the decision to privatize the Vienna Stock Exchange, the Exchange Chamber was dissolved in June 1999 and the ownership shares (50% of the shares) the Austrian issuers (except banks) offered to buy.

Since November 1999, the trade in securities takes place via the fully electronic trading system Xetra :registered:.

End of 2001, the Vienna Stock Exchange moved to the Palais Caprara-Geymüller.

The Vienna Stock Exchange had remained untouched by the market declines, as the major international exchanges experienced in late 2002. 2003, the cash market of the Vienna Stock Exchange began to revive. Austrian companies managed to position themselves after the EU enlargement in Eastern Europe well, which had a positive impact on the performance of the ATX. The rise of the Vienna Stock Exchange increased the interest of both domestic and international investors in the Austrian capital market.

An Austrian consortium of Austrian banks, the Vienna Stock Exchange, and OeKB, acquired in 2004 the majority of the Budapest Stock Exchange. This partnership was the foundation for an exchange network that has been steadily expanded through cooperation agreements with many exchanges in the Southeast European region, such as Bucharest, Zagreb, Belgrade, Sofia, Sarajevo, Montenegro, Macedonia and Banja Luka.

In July 2004, climbed the ATX, which represents the 20 largest listed companies in Austria, for the first time over the 2,000 point mark, in June 2005, it reached the 3,000-point mark and in May 2006 the ATX broke through the 4,000-point mark. In 2008, the Vienna Stock Exchange was unable to escape the turmoil in the international financial markets. Especially in the second half of the year had the ATX experienced large losses and closed at 1,750.83 points by the end of 2008. Was 2009 at the beginning of the year still overshadowed by the financial and economic crisis, which had in the previous year reached its peak, began after repeated strong losses from mid-March a rally. The boom on the Vienna Stock Exchange turned out in comparison to other international financial centers even significantly above average, and although the ATX in recent months tended sideways, it closed in 2009 with an increase of approximately 42.5 % at 2,495.56 points.

After the acquisition of majority stakes in the three neighboring exchanges of Budapest, Ljubljana and Prague in June 2008, the Vienna Stock Exchange in 2009 devoted to the intensive formation of the CEE Stock Exchange Group - initially in the form of a common brand. On 14 January 2010, the holding company CEESEG was entered in the commercial register. Subordinaded to it are now the stock exchanges of Vienna, Budapest, Ljubljana and Prague equally as affiliates. Sole shareholder of Wiener Börse AG is now the CEESEG, the previous shareholders of Wiener Börse AG are now shareholders of CEESEG.

Corporate Structure

The Vienna Stock Exchange is a 100 % subsidiary of CEESEG. This is 52% of Austrian banks and 48% of Austrian companies.

Largest securities offerings

Biggest IPOs:

2007: Strabag SE, € 1,325.4 million

2005: Raiffeisen International, € 1,113.8 million

2000: Telekom Austria, € 1,008 million

2003: Bank Austria Creditanstalt, € 957.9 million

2006: Austrian Post, € 651.7 million

Largest capital:

2006: First Bank, € 2,918 million

2007: IMMOEaST, € 2,835 million

2006: IMMOEaST, € 2,752 million

2009: First Group, € 1,740 million

2007: Raiffeisen International, € 1,237 million


Wiener Börse calculates and distributes a number of indices, including several Eastern European indices which are known under the name "CECE indices".

The most important index calculated by the Vienna Stock Exchange is the trade flow index ATX, which comprises the 20 most liquid Vienna values.

CEE stock indexes are available for the Czech Republic (CTX - Czech Traded Index), Hungary (HTX - Hungarian Traded Index), Poland (PTX - Polish Traded Index), Croatia, Serbia and Bulgaria as well as indexes for the entire region (CECE Composite Index, SETX, CECE CECE MID , NTX). Furthermore significant, a total of 10 CIS indices.

In addition, the Vienna Stock Exchange is calculating the China Traded Index (CNX) from the closing prices (about 8:45 clock).









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