Let's discuss taxation, retirement, and social rights for long-term immigrants in Argentina and Israel.
Argentina first. What are the tax implications for long-term residents?
Long-term immigrants in Argentina are subject to the standard tax system—income tax, VAT, etc. No special treatment.
So, no tax breaks? What about retirement?
If they've contributed to the public retirement system, they qualify for a pension, similar to citizens.
And if they haven't contributed sufficiently?
There are non-contributory pensions, though the amounts are modest.
Now, Israel. How does their system work?
Taxation is based on residency and income source. Long-term residents pay income tax, national insurance, and health insurance.
Any tax incentives for new immigrants?
Yes, often tax benefits during their initial years.
Retirement in Israel?
Israel has a national insurance system with old-age pensions; contributions are required.
What about those who haven't contributed enough?
There's income support, but it's means-tested.
What about broader social rights? Argentina?
Long-term immigrants generally have access to public healthcare and education.
Any restrictions?
No, if they are legal residents.
And Israel?
Legal residents typically have access to healthcare via national insurance and education, though language might be a factor.
So, the key takeaway?
Both countries provide pathways to retirement and social rights, but the specifics differ. Israel offers tax breaks; Argentina, inclusive social rights.
Thorough research and perhaps professional advice are recommended.