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Regarding CPF & HDB. Singaporean Father. Foreign Child.

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redditbaker35
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Regarding CPF & HDB. Singaporean Father. Foreign Child.

Post by redditbaker35 » Sat, 01 May 2021 9:22 am

Hi, everyone. My father and I are the only two in the family.

He is likely to leave soon due to complicated health issue.

What will happen to his pension fund and hdb? Would I be able to inherit the assets temporarily as a foreigner?

therat
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Re: Regarding CPF & HDB. Singaporean Father. Foreign Child.

Post by therat » Sat, 01 May 2021 5:54 pm

redditbaker35 wrote:
Sat, 01 May 2021 9:22 am
Hi, everyone. My father and I are the only two in the family.

He is likely to leave soon due to complicated health issue.

What will happen to his pension fund and hdb? Would I be able to inherit the assets temporarily as a foreigner?
CPF base on his nomination. If no nomination then follow Intestate Succession Act.

HDB.. foreigner cannot inherit HDB. Have to sell away.

There are not such thing as inherit temporarily.

NOTE:
1. CPF and HDB is the only 2 thing that WILL have no power on it.
2. The Intestate Succession Act does not apply to Muslims.

redditbaker35
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Re: Regarding CPF & HDB. Singaporean Father. Foreign Child.

Post by redditbaker35 » Sat, 01 May 2021 6:26 pm

therat wrote:
Sat, 01 May 2021 5:54 pm
redditbaker35 wrote:
Sat, 01 May 2021 9:22 am
Hi, everyone. My father and I are the only two in the family.

He is likely to leave soon due to complicated health issue.

What will happen to his pension fund and hdb? Would I be able to inherit the assets temporarily as a foreigner?
CPF base on his nomination. If no nomination then follow Intestate Succession Act.

HDB.. foreigner cannot inherit HDB. Have to sell away.

There are not such thing as inherit temporarily.

NOTE:
1. CPF and HDB is the only 2 thing that WILL have no power on it.
2. The Intestate Succession Act does not apply to Muslims.
How do I sell the HDB away if I can't temporarily inherit it?

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malcontent
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Re: Regarding CPF & HDB. Singaporean Father. Foreign Child.

Post by malcontent » Sat, 01 May 2021 7:14 pm

Those who renounce PR/SC get 6 months to sell their HDB. I’d guess it would be the same in your case.

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