MPF Withdrawal

Closed Thread
  1. #1

    Join Date
    Dec 2015
    Posts
    52

    MPF Withdrawal

    Hello,

    I am on work permit in HK which is valid till 2019. If i leave HK, can i withdraw my MPF? What if i plan to come back and work? Would I be able to apply for MPF again? I don't want to apply for PR but I do want to have the flexibility of coming back and working here.

    Thanks!


  2. #2

    Join Date
    Dec 2002
    Location
    薄扶林
    Posts
    47,964

    You can come back and apply, but the second time around you don't have much flexibility.

    The MPFSO states that scheme members are allowed to apply only once in a lifetime for early withdrawal of accrued benefits before the retirement age on the grounds that they are permanently departing Hong Kong. If the member returns to Hong Kong and enrols in an MPF scheme again, he cannot apply for early withdrawal of accrued benefits on such grounds again.
    under the "understanding..." tab.

    Case 5 : Early withdrawal of accrued benefits on grounds of permanent departure from Hong Kong?

  3. #3

    Join Date
    Feb 2005
    Location
    Manchester, UK
    Posts
    7,789

    MPF is a one time withdrawal only before you retire if your leaving HK permanently, if you do come back to work in HK, YOU WILL NOT GET THE MONEY BACK until retirement age.


  4. #4

    Join Date
    Feb 2011
    Location
    Hong Kong
    Posts
    6,317

    You get one time to withdraw. Save for you retirement!!


  5. #5

    Join Date
    Apr 2012
    Location
    Hong Kong
    Posts
    2,267

    And what about the Visa, is it still valid till 2019 for him after he withdrew his MPF? Since you need to notify immigration.


  6. #6

    Join Date
    Dec 2002
    Location
    薄扶林
    Posts
    47,964

    Really not sure about the visa - worth pinging immigration.

    [email protected]


  7. #7

    Join Date
    Feb 2011
    Location
    Hong Kong
    Posts
    6,317

    Dear immigration,

    I want my MPF money so I'll sign a statement saying that I'm leaving Hong Kong permanently. But is my visa still valid until 2019? I mean can I still live in Hong Kong and even work for the same employer?

    Regards,
    ...


  8. #8

    Join Date
    Dec 2015
    Posts
    52

    Thank you! Thats v helpful!