Retirees living abroad will be able to collect their funds in foreign currency

Thursday, June 16, 2022

Retirement, pension or annuity payments may be collected through a bank account held by the beneficiary in the registered country of residence.

Argentine citizens living abroad will be able to collect retirement, pension or annuity payments in their bank accounts held in their country of residence, in accordance with a measure adopted by the BCRA.

Thus, the system that was in force for the beneficiaries of a retirement pay and/or pension plan paid by the Argentine Social Security Administration (Argentine Social Security Administration, ANSES) is now applicable to those receiving their pay from other pension agencies and/or pension annuities.

Transfers in foreign currency will be allowed for up to the amount received for such payments in the last 30 calendar days and to the extent that they are made to a bank account held by the beneficiaries in their registered country of residence.

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