A Qualifying Non-UK Pension Scheme is a form of overseas pension available to British citizens. If the QNUPS complies with specific HMRC regulations, it will be recognised as a QROPS. Generally a QNUPS has greater investment flexibility and can even hold property and other physical assets within the pension wrapper.
QROPS and QNUPS both have the same qualifying conditions. This in effect means that many of the guidelines governing QNUPS are similar to QROPS. As such, QROPS and QNUPS are highly similar and related pension schemes. Which one is more appropriate for an individual depends on their financial circumstances and the country in which they are domiciled and/or resident.