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Cancel PR and move to KL, cannot withdraw CPF???
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Cancel PR and move to KL, cannot withdraw CPF???
Hi,
Any non-SG non-Malaysian have experience cancelling PR and moving to Malaysia?
Following 10 years in SG, I am contemplating a move to KL, Malaysia. I have work waiting there, and my eye on a nice condo.
Just saw this on the CPF website:
You can withdraw your CPF ...II) If you are leaving Singapore and West Malaysia permanently with no intention of returning to either country for employment or residence
WTF? I am a British Citizen, and want to renounce PR. What the heck has West Malaysia got to do with anything? This is implying if I want to live in KL, I cannot withdraw CPF. Anybody know what is going on here?? Will this apply to me or only S'porean (renounce citizenship) or Malaysian (renounce PR)??
Any have experience of the same?
Any non-SG non-Malaysian have experience cancelling PR and moving to Malaysia?
Following 10 years in SG, I am contemplating a move to KL, Malaysia. I have work waiting there, and my eye on a nice condo.
Just saw this on the CPF website:
You can withdraw your CPF ...II) If you are leaving Singapore and West Malaysia permanently with no intention of returning to either country for employment or residence
WTF? I am a British Citizen, and want to renounce PR. What the heck has West Malaysia got to do with anything? This is implying if I want to live in KL, I cannot withdraw CPF. Anybody know what is going on here?? Will this apply to me or only S'porean (renounce citizenship) or Malaysian (renounce PR)??
Any have experience of the same?
- Mad Scientist
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Only to Singaporean and Malaysian are not allowed withdraw CPF if going to migrate to West and East Malaysia or as you have found out from the website. When you return your PRship state that you are going back UK just to cover your bases
The positive thinker sees the invisible, feels the intangible, and achieves the impossible.Yahoo !!!
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For a Malaysian renouncing PR to go and live in West Malaysia, there is no policing. They just don't release the dude's/dudette's CPF until they are 55. Ditto for a Singaporean becoming a Malaysian. I know for a fact, however, that a Malaysian who gives up Singaporean PR but can show evidence of permanent residency in a third country will be allowed to get the CPF. Not sure how they police this situation as obviously there is no stopping such a person from going back to live in West Malaysia at some point in the future. They would need to also show a one-way ticket to that thrid country when making the application though but again there is no stopping such a person from hopping on another plane back to Malaysia as soon as he/she lands in the third country.
JR8 wrote:So is there info sharing between SG and MY? Otherwise how can they police this?
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But that would be lying!!!Mad Scientist wrote:... When you return your PRship state that you are going back UK just to cover your bases
I think the instructions on the CPF Board website are ambigious. They clearly don't mean to stop an Englishman renouncing his PR and settling in KL from taking his CPF savings with him. I have found this ambiguity in English intructions, and sometimes incorrect English grammar or sentence construction in many Singapore government, Singtel, etc instructions.
- sundaymorningstaple
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It is deliberately written that way in order to give the gahmen the widest latitude in implementing the law as they see fit. If they write it too black and white/carved in stone/cast in concrete then they hamstring themselves, thereby taking away the ability to change direction on a dime as the saying goes. The country, being small and without a hinterland or natural resources, has to remain a nimble as possible to take advantage of every positive or to negate the effect of negatives when necessary.SingaporeDon wrote:But that would be lying!!!Mad Scientist wrote:... When you return your PRship state that you are going back UK just to cover your bases
I think the instructions on the CPF Board website are ambigious. They clearly don't mean to stop an Englishman renouncing his PR and settling in KL from taking his CPF savings with him. I have found this ambiguity in English intructions, and sometimes incorrect English grammar or sentence construction in many Singapore government, Singtel, etc instructions.
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
- Mad Scientist
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Show me one ounce of evidence that they will not stop you when you filled it as the way you want to fill it and fall into this trap. OP is a Brit and how would that be lying as he originates from that country.SingaporeDon wrote:But that would be lying!!!Mad Scientist wrote:... When you return your PRship state that you are going back UK just to cover your bases
I think the instructions on the CPF Board website are ambigious. They clearly don't mean to stop an Englishman renouncing his PR and settling in KL from taking his CPF savings with him. I have found this ambiguity in English intructions, and sometimes incorrect English grammar or sentence construction in many Singapore government, Singtel, etc instructions.
Rules are meant to be adhere but can be interpreted as they see fits
Making sure you cover of possibilities is better than facing insurmountable difficulties after you found out that you are not able to withdraw due to technicalities in your form.
I have faced many a times whereby to swerve rather going head on with the gahmen agencies is far better and the end result is you get what you wanted to achieve.
Everything in the guidelines is not what it seems to be. A lot of grey areas which will lead to many issues if not read and understand carefully
The positive thinker sees the invisible, feels the intangible, and achieves the impossible.Yahoo !!!
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