For countries with AFP(peru, chile, argentina, Mexico, Colombia...)

[Random876981 0]

When you become a USC what happens with the AFP? (http://es.wikipedia.org/wiki/Administradoras_de_Fondos_de_Pensiones)

Is possible that you can retrieve all the money you have in there?

I think if you will not be citizen of that country they should give you back your money, right?

I hope somebody can explain me about this.

[Mononoke28 134]

When you become a USC what happens with the AFP? (http://es.wikipedia.org/wiki/Administradoras_de_Fondos_de_Pensiones)

Is possible that you can retrieve all the money you have in there?

I think if you will not be citizen of that country they should give you back your money, right?

I hope somebody can explain me about this.

It all depends on the country, I'm not sure about Peru but in Colombia you can still invest in your pension account from a foreign country and cash it in when you reach your retirement age even if you become a US citizen since you still retain your Colombian citizenship. You will have to call them to find out how the handle that process.

Diana

[GlobeHopperMama 95]

I'm not sure which of those countries force you to relinquish citizenship, but I know that Mexico allows you to remain a dual citizen, so there are some who choose to return eventually and retire in Mexico.

Edited July 18, 2012 by GlobeHopperMama

[yachachiq12 43]

My husband contacted his AFP and they told him that once he becomes a USC, he will be able to transfer the money in his Peruvian fund to his US fund by showing proof of naturalization. This is not contingent on relinquishing Peruvian nationality in any official way, but rather on residing in and being a citizen of the US. We haven't done it yet, but that's what they told him anyway.

[Random876981 0]

yachachiq12 i called the other day and they say that i will have to be doing monthly payments for and afp-like on usa for 18 months and at the same time as doing doing monthly payments on peru AFP.

Well i hope it would be as you say, that would be so much better. i will figure it out later, if you get any update on this, let me know