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  • 1 Post By jrkob
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Closing MPF from oversea

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  1. #1

    Join Date
    Feb 2015
    Location
    Lamma
    Posts
    34

    Closing MPF from oversea

    I have a MPF account with HSBC and I have recently moved out of HK. Is it possible to close it and have the funds transferred to the same bank account from oversea?


  2. #2

    Join Date
    Feb 2015
    Location
    Hong-Kong
    Posts
    5,626

    I closed an MPF account from Singapore.
    No problem.
    (Can't remember which MPF provider it was though. I think it was AXA).

    itsdawn likes this.

  3. #3

    Join Date
    Feb 2015
    Location
    Lamma
    Posts
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    Quote Originally Posted by jrkob
    I closed an MPF account from Singapore.
    No problem.
    (Can't remember which MPF provider it was though. I think it was AXA).
    Cool. How'd you do it? How long did it take?

  4. #4

    Join Date
    Feb 2015
    Location
    Hong-Kong
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    I contacted my MPF provider, they sent me a paper to sign. The funds were sold and I got my money on my HSBC account. From memory it took a month.
    That was in 2005, so the logistics may have changed. Not sure.

    itsdawn likes this.

  5. #5

    Join Date
    Apr 2009
    Posts
    1

    My wife did it and it took her 22 days but my wife is from Hong Kong and I am a french expat with permanent residency ID card after living in HK 11 years.
    I wonder if I would loose my permanent residency right if I close my MPF because I read on this webpage: Early Withdrawal of Benefits

    (2) Permanent departure from Hong Kong. You must declare that you have departed or will depart from Hong Kong to reside elsewhere with no intention of returning for employment or to resettle in Hong Kong as a permanent resident, and provide proof satisfying the trustee that you are permitted to reside in a place outside Hong Kong.

    it reads like I am loosing my permanent ID....

    itsdawn likes this.

  6. #6

    Join Date
    Jul 2018
    Posts
    1

    Will you kindly teach me how to withraw from singapore , how to make declaration in singapore


  7. #7

    Join Date
    Feb 2005
    Location
    Island East
    Posts
    4,161
    Quote Originally Posted by facaron
    I am a french expat with permanent residency ID card after living in HK 11 years.

    it reads like I am loosing my permanent ID....
    MPF and your Permanent ID has nothing in common. just remember to come back to HK every 3 years or you will loose Right Of Abode and be dropped to Right To Land.
    Umijazhila likes this.