QROPS program is a part of new legislation with the objective of simplifying pensions scheme specifically designed for UK pensioners residing overseas as expatriates. This scheme is an overseas pension scheme which meets some particular requirements set by HM Revenue and Customs (HMRC). Under this scheme, the transfer of UK Pension Benefits can be received by QROPS without incurring an unauthorized payment and scheme sanction charges. Furthermore, this scheme is recognized by the host country for tax purposes that provides excellent retirement planning and schemes that do not break any of the UK taxman’s strict rules. QROPS can be recommended to any UK taxpayer, who intends to move or have already moved outside the UK or maybe an International worker returning to his home or another country. QROPS pension program has several advantages for the pensioner such as providing pensioners with greater financial freedom and more significant involvement in their retirement benefits. Further, QROPS facilitates one to transfer his current ‘frozen’ pension corpus to a different HMRC approved overseas scheme in a jurisdiction outside the UK. QROPS (Qualifying Recognized Overseas Pension Schemes) created under HM Revenue & Customs (HMRC) rules provide a beneficial retirement income solutions to UK pensioners residing overseas as expatriates.