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ajecambs

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  1. ajecambs

    Hi Andrew,

    I have lived in Australia for 5 years, and am currently a permanent resident here, but will be applying for citizenship here in the coming months.

    I wish to transfer my pension from the UK, either to my existing super fund (AMP signature super) or to a new fund, with the intention of using it to purchase an investment property.

    What's the best way to do this, and is it worthwhile?

    Many thanks,

    Ashley

    1. Andrew from Vista Financial

      Andrew from Vista Financial

      Hi Ashley

      Thanks for the message, firstly you need to be at least age 55 to consider a pension transfer from the UK now and secondly it is not possible to use UK pension monies to purchase residential property.

      Sorry if these are not the answers you want.....if you are over age 55 and would like to discuss further please send me an email to Andrew@vistafs.com.au 

       

      Regards

      Andy

    2. ajecambs

      ajecambs

      Hi Andrew,

      Thank you for your response.

      I will have to wait 17 years to transfer my pension.

      So be it.

      AE.

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