Returning to the UK from Australia - Superannuation Question

[Mr Scott 0]

Hello,

We are returning to the UK early next year from Australia, I have read numerous articles about withdrawing your Australia Superannuation fund, however I just wanted to confirm our situation.

We arrived on a 457 Visa and now have a Sub Class 155 Resident Return Visa.  As we arrived on a temp visa and only have a resident return visa is it possible to withdraw my superannuation when we leave Australia?

Apprecaite any help.

[MaggieMay24 1,518]

As a reminder to posters, threads in the Partner Forums are not for general replies.  In this case, only @Andrew from Vista Financial or one of his colleagues should reply.

Thank you.

[Parley 7,186]

On 08/12/2020 at 12:36, MaggieMay24 said:

As a reminder to posters, threads in the Partner Forums are not for general replies.  In this case, only @Andrew from Vista Financial or one of his colleagues should reply.

Thank you.

Do they still post ?

I haven't seen anything from Andrew for yonks.

[Andrew from Vista Financial 628]

On 29/10/2020 at 13:19, Mr Scott said:

Hello,

We are returning to the UK early next year from Australia, I have read numerous articles about withdrawing your Australia Superannuation fund, however I just wanted to confirm our situation.

We arrived on a 457 Visa and now have a Sub Class 155 Resident Return Visa.  As we arrived on a temp visa and only have a resident return visa is it possible to withdraw my superannuation when we leave Australia?

Apprecaite any help.

Hi there

I am not a visa expert and so am not 100% on the type of visa a 155 is, I have just googled it and it seems as though it is a permanent resident visa?

If it is a temporary visa then withdrawal of super for people leaving Australia whose temp visa has expired falls under the DASP: Departing Australia superannuation payment (DASP) | Australian Taxation Office (ato.gov.au)

However if it is a permanent visa then the usual conditions of release apply when it comes to withdrawing super (so typically retirement after preservation age Preservation age | Australian Taxation Office (ato.gov.au)

Conditions of release can be found here: Conditions of release | Australian Taxation Office (ato.gov.au)

Hope this helps.

Regards Andy 

[Andrew from Vista Financial 628]

On 23/04/2021 at 14:59, Parley said:

Do they still post ?

I haven't seen anything from Andrew for yonks.

Andy here.......I certainly do, more replying to threads though as opposed to starting them nowadays