The Social Security Agreement between Spain and the United States is an important development for individuals who have lived and worked in both countries. It allows eligible workers to combine their Social Security credits earned in Spain and the United States, providing them with a more comprehensive social security benefit.
The agreement covers several categories of people, including workers who have divided their careers between the two countries, those who have worked for different employers in each country, and those who have moved to the United States from Spain or vice versa.
Under this agreement, workers are entitled to receive benefits from both countries, even if they do not meet the minimum eligibility requirements in one of the countries. This means that workers who have spent a portion of their career in Spain and the remainder in the United States will have access to social security benefits from both countries, regardless of the duration of their work in each country.
However, it is important to note that certain conditions must be met to qualify for this agreement. For instance, workers must have earned a minimum number of credits in both countries to be eligible for combined benefits. The amount of credits needed may vary depending on the worker`s age, the type of benefit they are applying for, and other factors.
One other essential aspect of this agreement is that it aims to eliminate dual social security taxation. It means that workers will not have to pay social security taxes to both countries for the same work. Instead, they will only have to pay taxes to the country where they are currently residing and employed.
To apply for combined benefits under this agreement, individuals must contact the Social Security Administration in the country where they reside. They will be required to provide essential documents such as proof of citizenship, work history, and other personal information.
In conclusion, the Social Security Agreement between Spain and the United States is a critical development for workers who have lived and worked in both countries. It provides eligible individuals with a more comprehensive social security benefit and eliminates dual social security taxation. To find out more about this agreement and how it can benefit you, it is recommended that you contact the Social Security Administration in your current country of residence.