Like Tree5Likes

Leaving HK, what to do with MPF

Reply
Page 2 of 2 FirstFirst 1 2
  1. #11

    Join Date
    Aug 2009
    Posts
    971

    MPF has got nothing to do with Permanent residency.

    The oath confirms that your leaving HK and want to cash in your pension and that if u do decide to return then u cannot withdraw it again until retirement.

    But someone on this forum said its always good to leave a bit in you MPF account, saves the hassle in case you come back. Maybe getting a copy of the oath in advance would help.

    That would be really funny though, on the one hand you take an oath that your permanently leaving HK and u can have your MPF money back and then at the airport HK Immigration asks you to surrender your permanent ID card.

    Last edited by bak875; 17-05-2011 at 08:43 PM.

  2. #12

    Join Date
    Aug 2009
    Posts
    1,670

    Old thread, but still a topical issue: why not just leave it all in Hong Kong in an MPF and draw down / annuitize upon retirement? Perhaps I am missing a trick, but I don't see what "leaving Hong Kong" has to do with having a private personal pension pot (albeit on that stays with an MPF provider in the HKSAR until you reach retirement age).


  3. #13

    Join Date
    Apr 2005
    Location
    Hong Kong
    Posts
    425

    I have two MPF accounts (opened with different employers, never merged). I wonder if, on leaving Hong Kong, I can close/withdraw from one but keep the other?


  4. #14

    Join Date
    Dec 2002
    Location
    薄扶林
    Posts
    43,329

    Not really, it all reports back to the MPF authority.


  5. #15

    I am in the same situation and assume I will incur tax liability with the IRS (US Treasury) from a lump sum withdraw. I am sure my employer contributions were not taxed.


  6. #16

    Join Date
    May 2008
    Location
    Wanchai
    Posts
    37

    I have already left HK so wondering if anyone knows how I can get the MPF(S)-W(SD2) form signed abroad? Do I have to go to HK to do all this?


  7. #17

    Join Date
    May 2008
    Location
    Wanchai
    Posts
    37

    Sorry to be stupid but what is 'custy'? Nothing coming up on google.
    Thanks.


Reply
Page 2 of 2 FirstFirst 1 2