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  • 1 Post By chuckster007
  • 1 Post By Rosacea
  • 1 Post By avengedsevenfold

MPF withdrawing

  1. #1

    Join Date
    Dec 2013
    Posts
    9

    MPF withdrawing

    I'm going to live in the other country for 1 year or longer and I want to withdraw my MPF to cover the cost of travel and living there. I'm a Permanent Resident here. The MPF company gave me a document to sign that states that I plan to leave HK and will not come back, I need to have this document notarized and it will go to immigration office. Will I lose my Permanent Residency if I withdraw my MPF?


  2. #2

    Join Date
    Oct 2005
    Posts
    13,787
    Quote Originally Posted by Rosacea
    I'm going to live in the other country for 1 year or longer and I want to withdraw my MPF to cover the cost of travel and living there. I'm a Permanent Resident here. The MPF company gave me a document to sign that states that I plan to leave HK and will not come back, I need to have this document notarized and it will go to immigration office. Will I lose my Permanent Residency if I withdraw my MPF?
    No you won't, they're not linked.

    Send in the paperwork sooner rather than later as mine took 3 months to process through AIA.

  3. #3

    Join Date
    Feb 2005
    Location
    NT
    Posts
    1,334
    Quote Originally Posted by Rosacea
    I'm going to live in the other country for 1 year or longer and I want to withdraw my MPF to cover the cost of travel and living there. I'm a Permanent Resident here. The MPF company gave me a document to sign that states that I plan to leave HK and will not come back, I need to have this document notarized and it will go to immigration office. Will I lose my Permanent Residency if I withdraw my MPF?
    The other country your moving to, are you immigrating there and have permission to live / resident of that country etc or going there on like a working holiday as MPF wont let you take your own money if your not going there permanently.

    A friend of mine (HK SAR passport holding resident) married to a UK resident wasnt allowed to take her money even though they were moving to UK as she didnt have the residency yet in the UK.
    shri likes this.

  4. #4

    Join Date
    Dec 2013
    Posts
    9
    Quote Originally Posted by chuckster007
    The other country your moving to, are you immigrating there and have permission to live / resident of that country etc or going there on like a working holiday as MPF wont let you take your own money if your not going there permanently.

    A friend of mine (HK SAR passport holding resident) married to a UK resident wasnt allowed to take her money even though they were moving to UK as she didnt have the residency yet in the UK.
    I plan to tell them that I'm going back to my homecountry but I will actually fly to a different country to stay there for a year. Will that get me in trouble?
    avengedsevenfold likes this.

  5. #5

    Join Date
    Feb 2011
    Posts
    337
    Quote Originally Posted by Rosacea
    I plan to tell them that I'm going back to my homecountry but I will actually fly to a different country to stay there for a year. Will that get me in trouble?
    If you hold another passport (other than HKSAR) then it shouldn't be a problem.
    chuckster007 likes this.