Mpf Refund When Leaving Hong Kong Discover Osome s guide on how to withdraw your Mandatory Provident Fund MPF before leaving Hong Kong From understanding the importance of the MPF to familiarising yourself with the regulations and the withdrawal process we ve
Thankfully NO The government allows people to withdraw their MPF contributions before 65 if they are leaving Hong Kong permanently By the way if you need any company secretarial assistance in Hong Kong as you wind up your company in Hong Kong we re here to help 3 Steps To Get Your MPF Refunded How to apply for early withdrawal of MPF after leaving Hong Kong permanently If the applicant wishes to withdraw his MPF early due to permanent departure from Hong Kong he may contact the trustee for enquiry and make a claim
Mpf Refund When Leaving Hong Kong
Mpf Refund When Leaving Hong Kong
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You can withdraw your accrued benefits in one go or in instalments on the grounds of early retirement if you ve ceased employment and self employment permanently A small balance below HKD5 000 You may be able to make an early withdrawal if your accrued benefits do not exceed HKD5 000 Learn how to MPF withdrawal in Hong Kong before leaving permanently Follow FastLane guide for a smooth process
When applying for early MPF withdrawal on the ground of permanent departure from Hong Kong applicants must first submit a claim form relevant documents and evidence and a statutory declaration to the respective MPF trustee stating that they have departed or will depart from Hong Kong to reside elsewhere and have no intention of returning to If you leave Hong Kong you can withdraw the funds in your MPF account anytime You can do so if you are 65 or above or have left the job before the specified date If you die before you are eligible for retirement the funds are transferred to your family
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At 65 you re able to withdraw your accrued benefits in one go or in instalments by filling in a claim form on the grounds of retirement If you decide to leave your accrued benefits in your MPF account they ll continue to be invested in your chosen funds All you need do is fill out and submit the relevant forms Find the relevant forms below If you don t need to take out your MPF benefits or take into account the prevailing market conditions such as funds are sold at a low price you can instead leave all your MPF benefits in the account to continue investing
If you do decide to withdraw your MPF you should send a claim form to the trustee s of the relevant MPF scheme s and attach the following supporting documents Identification documents such as a Hong Kong ID card A claim form for MPF payments on the ground of attaining the retirement age of 65 Check whether the airline you re using will issue a refund or reschedule a flight free of charge in the event it gets cancelled due to Covid 19 restrictions Have a backup airline and departure date in case your flight gets cancelled
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Discover Osome s guide on how to withdraw your Mandatory Provident Fund MPF before leaving Hong Kong From understanding the importance of the MPF to familiarising yourself with the regulations and the withdrawal process we ve
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Thankfully NO The government allows people to withdraw their MPF contributions before 65 if they are leaving Hong Kong permanently By the way if you need any company secretarial assistance in Hong Kong as you wind up your company in Hong Kong we re here to help 3 Steps To Get Your MPF Refunded
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