5 Must know Insurance and Social Security Tips for Expats


2. Social Security Made for Expats

India has signed up for social security agreement with Belgium, France, Germany, Switzerland, Luxembourg, the Netherlands, Hungary, Denmark, the Czech Republic, Republic of Korea, Norway, Germany, Finland, Canada, Japan, Sweden, Austria and Portugal.

Expats from these countries will have to pay their contributions to social security in their country where they are residing if their assignments stay for less than 60 months. This is to make sure that the expats don’t lose on their social security while staying in India.

If anyone who is working in a company covered by The Employees’ Provident Fund Organization (EPFO) for a long period of time; will have to pay their contributions so that will be eligible for the social security.

However, it’s advisable to check on the social security provided, by the administration office at your resident country before moving to the country you desire to.

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