Singapore Expats

Withdrawal of PR status

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renter
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Withdrawal of PR status

Post by renter » Tue, 04 Apr 2006 8:40 pm

Hi,

Does anyone know, when you withdraw your PR, whether you get back all of your CPF savings?


I've heard some time ago that the amount in MediSave account cannot be withdrawn. Is it true?

thanks.

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sundaymorningstaple
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Re: Withdrawal of PR status

Post by sundaymorningstaple » Tue, 04 Apr 2006 11:09 pm

renter wrote:Hi,

Does anyone know, when you withdraw your PR, whether you get back all of your CPF savings?


I've heard some time ago that the amount in MediSave account cannot be withdrawn. Is it true?

thanks.
To your first question, Yes. To the second question, No.

When you give up your PR you are allowed to withdraw all of your CPF including the amounts in the Special Account, Medisave Account as well as the ordinary account. There is no hold on any of it. If you are having to leave Singapore in a hurry (legally that is :mrgreen: ) you can give them the bank account details anywhere in the world and they will credit it into your bank of choice in a matter of 15 to 20 working days.

Following are some links for complete clarification:

CPF Withdrawal

and

Service Standards

sms

.
SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers

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