VERYSTORMY Posted April 12, 2013 Share Posted April 12, 2013 I was chatting to my accountant the other day and I mentioned the crap thing that if we moved from Oz, my super is stuck here. He says not and that you can get it out as you leave. Now, other than a cocked eyebrow, we didn't discuss it further other than me saying are your sure? For a perm yes? He replied yes, there are ways. If anyone leaving wants to gave a chat with him, plea pm me and I will pass on his details. I am not saying he is correct - only used him once now as just changed accountants. Link to comment Share on other sites More sharing options...
northernbird Posted April 12, 2013 Share Posted April 12, 2013 I was chatting to my accountant the other day and I mentioned the crap thing that if we moved from Oz, my super is stuck here. He says not and that you can get it out as you leave. Now, other than a cocked eyebrow, we didn't discuss it further other than me saying are your sure? For a perm yes? He replied yes, there are ways. If anyone leaving wants to gave a chat with him, plea pm me and I will pass on his details. I am not saying he is correct - only used him once now as just changed accountants. There was a lady I knew on another expats website who was a citizen here in Perth and got hers back when she left a couple of years ago so it is possible. Link to comment Share on other sites More sharing options...
MrsLZB Posted April 12, 2013 Share Posted April 12, 2013 Ooooooh, that's interesting to know... Seeing our accountant soon, so hopefully he will be as useful. Thanks verystormy! Link to comment Share on other sites More sharing options...
newjez Posted April 12, 2013 Share Posted April 12, 2013 I thought you could only take it out by paying tax. Personally I don't mind mine staying there. I have a good online account, and I can play with it any way I want. Plus I have a life insurance policy attached (which I think is valid). But I can understand that if you had a large pot, now would be a pretty good time to turn it into pounds, as the exchange rate may not be this good when you retire. Link to comment Share on other sites More sharing options...
VERYSTORMY Posted April 12, 2013 Author Share Posted April 12, 2013 I thought you could only take it out by paying tax. Personally I don't mind mine staying there. I have a good online account, and I can play with it any way I want. Plus I have a life insurance policy attached (which I think is valid). But I can understand that if you had a large pot, now would be a pretty good time to turn it into pounds, as the exchange rate may not be this good when you retire. You need to calculate the NPV against when you / if leave. If it is earning less than inflation after fees, then you lose money. If it is a small pot, then because of fees, it can be even more detrimental. A friend who has only paid in a fairly small amount in the 2 years he has been here has calculated that by 60 it would be worthless if he levee now. Link to comment Share on other sites More sharing options...
RoseBrown1972 Posted April 17, 2013 Share Posted April 17, 2013 From what i've been told if on PR then you cancel your visa, then claim super back. But haven't done it yet Link to comment Share on other sites More sharing options...
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