EURBS – The European Union Retirement Benefits Scheme is for Irish expats who are retiring abroad in order to avoid taxes in their homeland. As you are retiring abroad, you can avoid taxes back home such as inheritance tax and income tax. You can keep your pension in Euros or change to GBP or USD. It is the Irish version of QROPS. You can transfer your scheme to somewhere safe offshore to maximize your pension pot and tax efficiency. A scheme for Irish expats who intend to retire abroad and not return to Ireland to live or work. Visits to Ireland are allowed.