Saturday, December 12, 2015

Ley de Retorno: How the Peruvian Government is Trying to Get Peruvians to Come Back to Peru

One of my most popular posts of all time is how to get Peruvian citizenship. I thought this post might benefits Peruvians like me who have left. (I got citizenship in early 2009 and left in early 2010. I haven't been back since.) I saw a poster about the Ley de Retorno when I went to the embassy a bit ago here in Seoul. Since so many Peruvians have gone abroad and not come back, their human capital is diminishing. They're trying to do something to entice people to come back.

The complete name of the law is Ley de Reinsercion Economica y Social para el Migrante Retornado and is number 30001 and there are monetary and social benefits. For the monetary benefits there are no taxes on cars up to $30k, household goods up to $30k, instruments, machines, equipment, and capital assets up to $150k when you repatriate to Peru. For the social benefits, they will help you find loans, jobs, with certification, and assistance with psychological and social integration.

In order to qualify for the monetary benefits you must be a Peruvian who has lived abroad for at least 4 years. If you have to leave the foreign country due to immigration issues then they lower it to 2 years. For the social benefits you must be a Peruvian who has lived abroad for at least 3 years. If you have to leave the foreign country due to immigration issues then they lower it to 2 years.

You can find out more about this law on RREE, Ley de Retorno, Facebook, or leyderetorno@rree.gob.pe



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