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Can foreigners buy Shenzhen social security?
According to the law, this is possible. Article 19 of the Social Insurance Law of People's Republic of China (PRC) * * * If an individual is employed across the overall planning area, his basic old-age insurance relationship will be transferred accordingly, and the payment period will be calculated cumulatively. Article 32 of the Social Insurance Law stipulates: "If an individual is employed across the overall planning area, his basic medical insurance relationship will be transferred accordingly, and the payment period will be calculated cumulatively." But personally, I think that your current transfer is in Guangdong province, not across the overall planning area. If you retire in Guangdong province in the future, the payment period should be calculated cumulatively. The local retirement policy is the most critical. Some provinces recognize the payment period in different places, while others do not. If you plan to go to other provinces after retirement, you should consult the local social security department. Also, you must go through the formalities for the transfer of social security relations.
Legal objectivity:
Article 16 of the Social Insurance Law: Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis when they reach the statutory retirement age and have accumulated contributions for fifteen years. Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.
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