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 CPF withdrawal for non Citizen and non PR

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ozak
post Jun 23 2024, 12:47 PM

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QUOTE(hellowkerbau @ Jun 23 2024, 12:34 PM)
For bros who managed to get their cpf, do you guys still maintain them in sg bank accounts? Not much options for room to grow other than fd which is at abysmal rate.
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" Not much options for room to grow " ??

Serious?
ozak
post Jun 23 2024, 01:41 PM

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QUOTE(freestyle @ Jun 23 2024, 01:22 PM)

I have a question- so if I receive the fund in my sg act, I transfer from sg act to msia act, it is not taxable right? Do I still need to declare in the income tax form?
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Of course not. Who going to tax you? SG or MY?
ozak
post Jun 23 2024, 07:36 PM

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QUOTE(hellowkerbau @ Jun 23 2024, 06:33 PM)
My apologies, didn't elaborate earlier. Prefer low risk investment such as fd probably for the next 20+ years or so. Only have an active dbs/posb account. RM not keen to offer higher fd rates unless bundle with investment.

3.2% for 12 mth (1-19,999)
0.05% for 12 mth (20k and above)

Not allowed to open with other banks as no longer PR. Intention was to leave it in sg to accumulate fd interest. I am all ears if there are any suggestion. Thanks in advance
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KWSP 5.5% and Maybank 6%.

SG reit and bank div.

Walk over to US market even more.
ozak
post Aug 16 2024, 10:23 AM

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QUOTE(Dgb3H @ Aug 16 2024, 10:15 AM)
Hi there,
May I know which financial product or investment from Maybank that offers 6%?
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Just buy the their stock. Div 6% Mar and Sep.
ozak
post Dec 16 2024, 01:32 PM

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QUOTE(malz89 @ Dec 16 2024, 12:37 PM)
Im curious, how do you guys transfer the money back to msia ah? Would it be taxed?
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You can request the CPF TT to you.

If over 100k, prepare the statement or doc proof to your bank later to release the money.

No tax. It's not an income.

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