MPF Withdrawal various questions

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  1. #1

    Join Date
    Jan 2009
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    74

    Question MPF Withdrawal various questions

    My wife and I are planning to leave HK around next March, I was wondering about a few things in preparation:

    1. Receipt of MPF withdrawal I notice may contribute to yearly earnings for Tax purposes. I assume this would be calculated at the time of receipt, and so if we aim to receive the funds in April, I assume that would be exempt from the 2014/15 Tax?

    2. Is it possible to take the oath and withdrawal remotely? For instance, our primary reason for wanting to withdraw would be a mortgage deposit overseas. So we have no immediate need for it, but we are anticipating the need to withdraw before physically leaving HK

    3. Is it possible to withdraw partial? I note this question was asked a few times dotted around, but I never saw a conclusion.

    EDIT: It's possible I'll be getting a final pay check and perhaps even continue working for my HK company past the date of departure for 1-2 months, so in that regard I suppose it's either pointless or illegal to withdraw MPF before this point, so remote withdrawal is even more desirable.

    Thanks!

    Last edited by carn1x; 25-06-2014 at 10:52 PM.