Retract retirement tax

lucasma

Member

Member since 26 September 2010

Budapest

lucasma

19 October 2018 17:51:03

lucasma

19 October 2018 17:51:03

Budapest

Dear all,

I am looking for a Tax expert to advise me with the following:

I have lived and worked in Hungary for almost 9 years, I am Brazilian citizen and I have been granted working visas throughout the entire duration of my stay - I am not a permanent resident and not an European citizen and therefore I have been told that I will not be able to retire in Hungary as long as I dont become Hungarian or European - is it correct? If yes, am I allowed to request a percentage of my tax contribution back as the state would never pay it back during my retirement?

Anybody heard of such and most importantly, can recommend me a knowledgeable person to assist me with the procedure?

Thank you

Best regards
Lucas Martins

Cynic

UK / Netherlands Expert

Member since 15 September 2015

Enschede

Cynic

19 October 2018 18:24:20

7389

Cynic

19 October 2018 18:24:20

7389

Enschede

Hi and welcome to the Forum.

What you've experienced is pretty common amongst expats. You will not be permitted to withdraw any contributions you've made into any State pension scheme, but you will be entitled to claim a pension appropriate to your contributions, once you've reached the state pension age for that country. Make sure you keep copies of any documentation related to this.

Hope this helps.

Cynic
Expat Team