According to the British tax authorities (HMRC), the transferred pension assets have to remain with Liberty for at least ten full fiscal years (the fiscal year starts on 5 April). If the benefits are cashed in before the 10-year time limit has lapsed, the HMRC will be automatically notified and tax will be payable under UK law. Persons who can prove they have been living outside Britain for more than 10 years and have not paid taxes there during that time are excepted from the notification obligation.

Swiss residents who cash in their pension assets after the 10-year limit will be taxed in accordance with Swiss tax law.

Foreign residents who cash in their pension assets after the 10-year time limit will be taxed at a special rate. Clients who can show that they have permanently given up their residence in Switzerland are only subject to withholding tax. The withholding tax rate depends on where the Foundation holding the pension assets has its registered office. Liberty Foundation for Vested Pension Benefits has its registered office in Schwyz, which has the lowest withholding tax rate in Switzerland.