Social security expatriates

Did you know that expatriates will be able to continue paying Social Security contributions so as not to lose access to their future retirement pension?

This is something that our clients consult a lot about in the “Soft landing” consultancy area of our firm when planning their return to Spain at a financial, investment and tax level.

Until now, workers who move to countries that have a social security agreement with Spain have been obliged to disassociate themselves from the Spanish social security system after a certain period of time, remaining under the auspices of the social protection system in the country to which they have been posted.

However, the new social security order will allow workers to voluntarily continue to be subject to Spanish legislation after the maximum period of posting, which varies depending on the country of posting, has expired. The company, after agreement with the worker, may apply to the Social Security General Treasury for the worker to continue to be subject to Spanish Social Security legislation.

Those workers who, when the text comes into force, are already registered in the system of the country in which they are posted to work, may request voluntary affiliation to the Spanish Social Security system within six months of the order coming into force.

Do not hesitate to contact us if you need advice and planning for your return.

Author

Grupo Heras Consulting

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