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Early MPF Withdrawal from another country - Left Hong Kong already

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  1. #1

    Join Date
    Jan 2019
    Posts
    4

    Early MPF Withdrawal from another country - Left Hong Kong already

    Has anyone encountered a situation where they had to leave Hong Kong permanently but were not able to withdraw their MPF and also get a Tax release from IRD.

    Would appreciate any help/advice/steps one should follow to make sure they do not get into any Tax issues but also are able to withdraw the MFP from home country.


  2. #2

    Join Date
    Dec 2002
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    薄扶林
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    48,495

    Might be good if you gave some more context.

    - Did MPF deny you your withdrawal? Which would lead to - do you have full residency / employment visa etc at your new location and you're able to let MPF know that you have no intention of returning?

    - Did you file your final return with IRD?

    Without context it is an exercise in mind reading and speculation..

    Shomac likes this.

  3. #3

    Join Date
    Jan 2019
    Posts
    4

    My bad...

    - Did MPF deny you your withdrawal? Which would lead to - do you have full residency / employment visa etc at your new location and you're able to let MPF know that you have no intention of returning?
    Answer: 1) Never applied for MPF withdrawal, so never had I let MPF know that I have no intentions of returning to HK.
    2) Moved back to home country where I do not need employment visa.

    - Did you file your final return with IRD?
    Answer: No I haven't


  4. #4

    Join Date
    Dec 2002
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    薄扶林
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    48,495

    MPF withdrawal should be easy if you have returned to your home country.


    https://www.mpfa.org.hk/en/mpf-syste...rly-withdrawal

    Might also want to contact your trustees (MPF provider) and ask them what sort of forms / documentation they need from you esp if you're already overseas.


  5. #5

    Join Date
    Aug 2017
    Location
    Beautiful Britain
    Posts
    2,089

    As said above, I think you need to contact your MPF provider in the first instance. (HSBC. Manulife.... whoever yours is with)

    The problems I see are making the legal declaration that you are leaving Hong Kong permanently. In HK you have to go to a local office and have this declaration witnessed. This document is then submitted to the MPF provider. Whether this can be done remotely I am not sure.

    I am not sure how not having completed your final tax returns will affect this. Do you owe any Hong Kong tax?