Superannuation drawdown for non-resident
I'm an Australia citizen but not a resident. I worked there for ~10 years and have a considerable amount of money in my (compulsory) superannuation account. It's consolidated and relatively low fee, but it's really just dormant money.
I now live and work overseas. Is there any way I can get that money out of the superannuation fund and combine it with my other savings? It's far from ideal for me to have this money locked up in a foreign country, in a foreign denomination.
If not, what are my options?
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Here are your options.
While you remain an Australian citizen you cannot withdraw super just because you are residing overseas. You could renounce your citizenship - just make sure you have another one to fall back on.
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