International Pension - Turkey

The Optimus Turkey Pension Plan (OTPP) is an international retirement benefit scheme for Turkish tax residents, allowing the accumulation of retirement funds outside of Turkey.  The Isle of Man provides a distinct and flexible environment in which to build and safeguard wealth and boasts a modern, flexible tax and regulatory framework for retirement benefits, creating the ideal environment for all longer-term savings.

Your investment options
Member directed investments are permitted, subject to trustee approval, or the trustee offers a diverse range of investment options. 

Cash contributions can be made from cash held inside or outside of Turkey in addition to the transfer in specie of assets held outside of Turkey.

Benefits can be taken from the age of 50 either as lump sum for regular annuity payments.

Additional benefits include:

• Unlimited contributions except where exchange controls apply
• Single or ad-hoc contributions
• No donation tax on contributions
• Income / Interest rolled up free of tax until benefits are taken
• Contributions returned tax free
• Ring-Fence assets outside of estate