24.4 C
Sydney
Friday , 29 March 2024

I’m filipino-australian citizen. Can I retire to the Phils.and spend my superannuation pension payments there?

Previous posts

I read the Australian superannuation taxation website that can not be taken out of Australia by Australian permanent residents and citizens. Here’s the link http://ato. gov. au / superfunds / content. asp? doc = / content/32703. htm & page = 6 & H6 = & PC = 001/149/021/003/001 & mnu = 46047 & MFP 001/149 = & st = & cy = 1Salamat for the link to Superguide . com. au I’ll be sure to read more of this. Back to my question, I plan to retire at age 60. I was thinking that while it may be true that I can take my extra out of Australia, no rules need to be physically in Australia. once I’ve converted my super to a stream of income, in effect, my income stream is still managed in Australia, although I can then in the Philippines, enjoying my retirement. Am I right to think I still receive my pension from my montlhy stream of income to spend for my retirement in the Philippines?

READ  Using your super to buy your first home

Subscribe to our newsletter

Get more stories like this in your inbox! Be updated with all the latest news, offers and special announcements.

- Advertisement -

More articles

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Subscribe to our newsletter

Get more stories like this in your inbox! Be updated with all the latest news, offers and special announcements.

- Currency Converter -

Latest articles