Can I retire in Brazil using time worked in another country?

Can you retire in Brazil using time worked in another country? Right away, the answer is: YES. But hold on to this article, because It depends on some factors.

Firstly let’s learn about some government bodies in Brazil, so you can understand how everything works here.

After that, you will understand which types of countries Brazil allows using time worked for retirement.

What is INSS and why is so important?

INSS stands for the National Social Security Institute, and it is responsible for paying pensions and other benefits to Brazilian workers who contribute to Social Security (insurance that guarantees a pension to the contributor when they stop working) – retirement.

This government body is always mentioned whenever you read about retirement in Brazil, but it can also give pensions and benefits beyond that.

For example, if you contribute by paying a tax every month to INSS and follow some requirements, you can sign up to receive monthly pay if you hurt yourself or are unable to work.

If you’re searching about retirement in Brazil, you will surely notice the INSS being mentioned a lot of times.

Can foreigners retire in Brazil through the INSS?

Yes, they can.

The INSS does not discriminate between Brazilians and foreigners.

However, you will be allowed to use that time worked in another country only if that place holds an international agreement with Brazil.

If the place you worked holds this international agreement, you will be able to use the time worked there to retire in Brazil.

There are two types of agreements: multilateral and bilateral.

List of Countries that Hold International Retire Agreements with Brazil – Bilateral Agreements

In International Law, Bilateral agreements mean that only both countries who signed the agreement benefit from its terms.

Brazil has bilateral agreements with the list of countries below:

• Germany;
• Austria
• Belgium
• Cape Verde;
• Canada
• Chile;
• South Korea;
• Spain
• United States of America;
• France
• Greece
• Israel;
• Italy
• Japan
• Luxembourg;
• Portugal;
• Quebec (which is actually a province of Canada);
• Switzerland.

With that in mind, if the country you worked for is on the list, you can use the time you worked there as time for your retirement in Brazil.

Keep in mind that there’s are also some countries with which Brazil has signed agreements, but are still waiting for ratification in the National Congress:

• Bulgaria;
• India
• Mozambique;
• Czech Republic.

If the country you worked for is not on the list, take a deep breath, because we are about to see the list of countries with multilateral agreements.

List of Countries that Hold Multilateral International Retire Agreements with Brazil

Multilateral agreements mean that every country that signed the agreement benefits from its terms.

Brazil has two rectified Multilateral Agreements (Ibero-Americano and Mercosul) and one in the process of ratification (Portuguese Language Community Agreement).

The Ibero-Americano Agreement involves the countries below:

• Argentina
• Bolivia
• Brazil
• Chile
• El Salvador
• Ecuador
• Spain
• Paraguay
• Peru
• Portugal
• Uruguay;

And the Mercosul Agreement involves the countries below:

• Argentina
• Brazil
• Paraguay
• Uruguay

Additionally, has said before, the Portuguese Language Community Agreement is still not rectified, but it includes the following countries:

• Angola;
• Brazil
• Cape Verde;
• Guinea-Bissau;
• Equatorial Guinea;
• Mozambique;
• Portugal;
• São Tomé and Príncipe;
• East Timor.

How to Retire in Brazil?

If you worked in one of the countries with rectified agreements with Brazil, search for an attorney to make the process of retirement.

Your attorney will probably offer you a Retirement Planning.

Retirement planning is a document that an attorney can do full of information about what types of retirement are available for you to subscribe to, how much you will receive, what procedures you can do to receive more, and strategies for the best retirement possible.

This document requires a lot of searching, study, and calculation, but is way better than simply subscribing to any retirement and ending up with the worst retirement possible.

This can happen to you because in Brazil there are a lot of different types of retirement (special, contribution time, contribution time for teacher, rural, urban, by age, disability, and others).

Can I retire in Brazil and Live in Another Country?

Yes. It is possible to have a retirement in Brazil and have the credits send for another country.

Conclusion

It is possible to retire in Brazil using time worked in another country, as long as the country has a retirement agreement with Brazil.

To retire, contact an attorney in Brazil and search out for more information.

If you have any questions, leave a comment below.