If you are a Canadian citizen who has worked or plans to work abroad, it`s important to know whether the country you are moving to has a social security agreement with Canada. These agreements, also known as Totalization Agreements, ensure that individuals who work in both countries can receive social security benefits without having to pay double the taxes.
As of 2021, Canada has social security agreements with the following countries:
1. Austria
2. Belgium
3. Chile
4. Croatia
5. Czech Republic
6. Denmark
7. Finland
8. France
9. Germany
10. Greece
11. Iceland
12. Ireland
13. Italy
14. Japan
15. Luxembourg
16. Norway
17. Poland
18. Portugal
19. Republic of Korea
20. Slovakia
21. Slovenia
22. Spain
23. Sweden
24. Switzerland
25. The Netherlands
26. United Kingdom
27. United States
These agreements apply to individuals who are either temporarily or permanently employed in one of the countries. If you are a Canadian citizen working in one of these countries or a citizen of one of these countries working in Canada, you may be eligible to receive social security benefits depending on your situation.
It`s important to note that each agreement is different and may have specific requirements. For example, some agreements may only cover certain types of social security benefits, while others may require you to have worked in both countries for a certain period of time. It is recommended that you consult with a professional or the government agency responsible for administering social security benefits in the country you are working in to determine your eligibility.
In conclusion, if you plan to work abroad or are currently working abroad, it`s important to know whether your country of residence has a social security agreement with Canada. These agreements can provide you with peace of mind, ensuring that you can receive social security benefits without having to pay double taxes. Be sure to check the specific requirements of each agreement to determine your eligibility.