Living and working abroad, particularly in the Principality of Andorra, is a stimulating adventure. But beyond the breathtaking scenery and tax advantages, it's vital to understand the social security agreements in place for optimum protection. Here's a closer look at the social security agreement between France and Andorra, a veritable passport to a worry-free expatriation.
An agreement to promote cross-border mobility
The social security agreement between France and Andorra is a bilateral agreement designed to coordinate the two countries' social protection systems. Its aim? To guarantee uninterrupted social security cover for workers and their families moving between the two countries.
Aggregation of contribution periods
Thanks to this agreement, insurance periods accumulated in one country are recognized in the other. As a result, workers can combine their rights to retirement, sickness and disability benefits, for optimized protection throughout their international career.
"Totalizing contribution periods is a real asset for mobile workers. It gives them continuity of rights, which is essential for their peace of mind.
- The And Capital team
Easier access to care
Falling ill far from home can quickly become a headache. But with this agreement, policyholders can benefit from medical care in both countries, under certain conditions. A real relief, especially for cross-border workers.
A retirement without borders
Preparing for retirement abroad is not always easy. Under the Convention, pensions can be paid in the country of residence. This means you can look forward to retirement passive house in Andorra, for example, while retaining rights acquired in France.
Concrete benefits for companies and employees
This agreement is a godsend for all those involved in international mobility. For employees, it offers continuity of rights and reliable social security. For employers, it simplifies procedures for secondments and boosts the attractiveness of positions abroad.
Expert support to make the most of it
Sickness, maternity, disability, old age, industrial accidents: the agreement covers a wide range of benefits. To get a clearer picture and optimize your coverage, it is advisable to enlist the help of specialists.
At And CapitalAndorra-based firm of chartered accountants, we help individuals and companies with their business projects.tax optimization and expatriation. Setting up a company in Andorra, retirement in the Principality, andorran tax advantages... Our teams can advise you on the applicable social security agreement and help you make the most of it.
"Understanding how the social security agreement between France and Andorra works is the key to a successful expatriation. Our role is to support our customers every step of the way.
- The And Capital team
In short, the social security agreement between France and Andorra is an invaluable tool for anyone planning to live or work in the Principality. Facilitating mobility and securing career paths, it opens up a world of possibilities. And all with a highly attractive tax framework.
Ready to take the plunge? Contact the experts at And Capital. With their in-depth knowledge of the French and Andorran systems, they can help you make the most of this agreement and ensure the success of your expatriation project in Andorra.