How Can Expats Transfer Social Insurance Benefits When Changing Tax Residency
ProACT Sam discusses in a live stream how to transfer the benefits of social / national insurance for expats relocating overseas as to a new tax residence.
National insurance benefits include sickness, child, benefits, disability allowances and healthcare medical treatment.
These can be a significant value in the event of a short term, accident or health issue and in the long-term for pension benefits and long-term disability.
When the UK has a reciprocal social insurance agreement, expatriates can relocate to those countries and use the processes under the social insurance agreement to obtain a transfer of benefits and continuity of cover.
This can work for expats being paid an income from work being done remotely, or for retired expats using pensions.
In this stream, we will detail how benefits can be transferred to maintain cover in the short and long-term for expats living and working abroad.
Read more about social insurance when living or working
Where do I have to pay national insurance when relocating and working abroad?
Medical cover abroad - what could go wrong for expats?
UK State Pension for Expats: Ensuring Your Financial Security