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
Less concerns over what will happen to Chilean economy, the CLP, and the pension system over coming years.
You may be able to immediately access all AFP contributions made to date once you are using law 18.156
Our expert financial advisors are always here to assist you.
World Class Providers Benefits
