I've never had it done, but I've read about it.
This link has the basic overview.
To be honest, there are heaps of ways you can choose to get it removed. According to a dermatologist I spoke to, most of them, even the ones that claim to be "scarless" there is a small possibility of a slight scar forming. However, if all goes well, modern removal can take it all off.
Depending on the size, colour, placement etc, the removal takes place. I dont want to comment on your particular tattoo since I'm not an expert, but I would really urge you to talk to a specialist in tattoo removals and also, consider other options like coverups to try and find the way that works best for you.
Hope this helps a bit.