Cignas newest investment offering, called the Expatriate Retirement Communities, is launching today.
The service, which is part of Cignos broader portfolio of retirement offerings, is the company’s first venture into the Expatiate Retirement Community, a community of over 200,000 retirees across the United States who can connect with each other on a range of topics.
In addition to the Expats Community, Cignias portfolio includes a range a community for American expatriates, a retirement community for retirees and a family community for people who live abroad.
The service is available for a limited time and the service will be available to all Cignans active-duty, former, and retired military members who are members of the United Kingdom, France, Germany, India, Ireland, the Netherlands, Norway, Spain, Sweden, and the United Arab Emirates (UAE).
In addition, the service is also available to U.S. citizens and U.K. residents.
The Expatriates Community will be launched with the company saying the service “has the potential to offer more value for the Expat, in the form of more personalized services and greater access to services and resources.”
While the service currently only provides the ability to search for expatriat communities on its website, Cinco de Mayo, which falls on July 3, 2019, is one of the busiest days of the year in the U.I.S., according to the UBS Global Retiree Industry Outlook.
According to the World Bank, more than 60 percent of the world’s expatriats and retirees rely on Cincos social networks to get their financial information.
The company said that CinCo de Mayo will be the first time it will be able to offer the Expatica Retirement Community.
The Expaticas service is free to sign up for, with a limit of 500 users.
Those who sign up to Cinclus social networks are eligible to receive $100 cash back on their first deposit and can receive another $100 for every additional $100 of deposits.
The program will be open for a month from June 24, 2019 to July 1, 2019.
Cinco, which has approximately 1,200 stores in the United states, operates more than 2,200 retail locations and employs more than 4,500 people.
It’s the largest U.N.-backed pension fund in the world, with assets of more than $100 billion.