The UK Pension Mistake Almost Everyone Makes (Before Moving Abroad)

Thinking about moving abroad?

If you’re planning to leave the UK, make sure you understand what happens to your UK pension the moment you change residency. Most people don’t find out until after they’ve moved — when it may already be too late to fix.

This little-known pension rule can quietly cost you £70,000 or more over retirement. More than half a million British pensioners are affected by it right now.

In this video, I break down the UK frozen state pension trap — how it works, who it affects, and why thousands of UK expats lose out on tens of thousands of pounds without realising.

📌 We cover:
• What happens to your UK state pension when you move abroad
• What a frozen state pension actually is
• Which countries are affected (and which aren’t)
• Why two people with the same NI record can receive very different pensions
• The common assumptions that catch people out
• What you should check before leaving the UK

Whether you’re planning to retire overseas, moving for work, or already living abroad, this is one pension detail you can’t afford to ignore.

🔔 Don’t forget to like, subscribe, and hit the notification bell for more investing strategies every week!

⏱️ Timestamps:

00:00 Moving Abroad? The UK Pension Mistake Almost Everyone Makes
00:43 Frozen UK Pensions Explained: What a Frozen UK Pension Really Means
01:15 Case Study: How This Costs £70,000+
02:18 These Countries Freeze Your State Pension
03:12 Living Abroad Part-Time? Here’s What Happens
03:44 Can You Use a Friend’s UK Address? (Risk Explained)
04:51 What to Do Before You Leave the UK
05:25 Final Thoughts: How to Protect Your UK Pension Abroad

#movingabroad #ukpensionabroad #statepension #leavingtheuk #ukexpatfinance #uktax #ukexpattax #ukexpats #chiomafinance

———————————————————————————————————————————

Disclaimer: I am not a financial adviser. This video and the content are for entertainment/educational purposes only and should not be construed as financial or legal advice.

———————————————————————————————————————————

🎥 Watch next:

Leaving the UK? What Happens to Your ISAs, Pensions & Investments
   • LEAVING THE UK? What They Don't Tell You A...  
What Happens to Your Defined Contribution Pension and SIPP when You Move Abroad
   • Moving Abroad? The UK Pension Mistake Ever...  
Trading 212 Review 2025
   • Trading 212 Review 2025: The Truth Nobody ...  
Best Dividend ETFs for UK Investors
   • Live off Dividends FASTER: 5 Best Dividend...  
4 ETFs CRUSHING the S&P 500 in 2025 | Best ETFs for UK Investors
   • 4 ETFs CRUSHING the S&P 500 in 2025 | Best...  
Why Net Worth DOESN'T Explode after $100K (And When It Does)
   • Why Net Worth DOESN’T Explode after 100K (...  
Retiring After 60 is a HUGE MISTAKE. Here's Why
   • Retiring After 60 is a HUGE MISTAKE. Here’...  
How To Become An ISA Millionaire
   • Investing for beginners & My Investing Jou...  
Portfolio updates
   • SIPP & ISA Portfolio Updates  


———————————————————————————————————————————

Referral links:

Trading 212 - https://www.trading212.com/invite/GIJ...

IG - https://refer.ig.com/chiomaa-110
Open an IG account with the link below to get £50.

Monzo - Get up to £50 when you open an account - https://join.monzo.com/c/7pb4dmg1

Invest engine - Earn up to £100 when you invest at least £100 - https://investengine.com/referral-wel...

Revolut - Join Revolut - https://revolut.com/referral/?referra...

Money transfer with Lemfi - Get £10 when you send over £50 - https://referral.lemfi.com/8CTXNeTcdWb