LAW 18.156
Option for Foreign Employees in Chile to opt out of the Chilean Social Security System
Benefits of Using Law 18.156 and an International Retirement Plan
- Your wealth is under your control
- Your retirement contributions will still attract tax relief at your highest marginal rate of income tax (up to 40%)
- You can accumulate wealth in a hard currency not the CLP (a choice of currencies to suit your own individual circumstances)
- Your wealth will be in a safe, secure location, out of the hands of governments
- You control your investment strategy, including which funds to invest in, asset class allocation according to your overall financial plan and appetite for risk – this can be self-managed or you can utilize our investment advice service
- You have cost-free access to your most of your money
- Your retirement plan is portable; no matter where you live in the world you can continue to manage the retirement plan in the same way, with the same Access