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Lmayne(Newbie)Newbie
3 July 2024

If I leave the country and my permanent residency expires, do I have the option to keep the super money in Australia and access the money later in my retirement?

 

My understanding is that once I am identified as a former temporary resident and it has been more than six months since I left Australia, that my super fund will be transferred to the ATO.

 

But it is not clear if I can then keep the money with the ATO and then withdraw at retirement age without the DASP tax. Or once the money is with the ATO the only way for me to access it is through DASP (if I am eligible) and I will then have to pay the tax.

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ZiadATO(Community Support)Community Support
4 July 2024

Hey @Lmayne


Yes. You can leave the Super money in Australia if it has been transferred to us and this can be accessed at anytime.


As you were a temporary resident then the DASP tax will still apply.


Here is how you could apply to withdraw your Super if its with us.

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Most helpful reply

ZiadATO(Community Support)Community Support
4 July 2024

Hey @Lmayne


Yes. You can leave the Super money in Australia if it has been transferred to us and this can be accessed at anytime.


As you were a temporary resident then the DASP tax will still apply.


Here is how you could apply to withdraw your Super if its with us.

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Can I keep my super in Australia until retirement age after my permanent resident expires? | ATO Community