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Renunciation information

sam leon

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#1
ICA staff very nice. Tell counter staff you come to renounce. Give you Q-ticket. Wait outside Room 14 to 18. Go in. ICA officer asked you want to renounce. Give him/her all the filled forms and notarised foreign citizenship and passport. Get your MP or MLA in your new country to notarise. It is free. Remember to request for photocopies of your Singapore IC(back and front) and Singapore passport. If not, make sure you photocopy your Singapore passport and IC before surrendering to ICA. You need these copies when you apply to withdraw your CPF. Very fast. All over in 10 minutes. ICA officer give you an acknowledgement letter. Go to ICA front counter and pay S$35 processing fee. I paid by NETS. Take about 3 months to process.

Get your ICA acknowledgement letter and foreign passport to your bank to update your bank account to a non-resident account. Make sure you renew your bank security token(last for 5 years) for your internet banking.

Go down to CPF to check all your balances(OA, SA, MA, RA, etc.). Ask them all the questions about withdrawing your CPF after renunciation. CPF staff very nice.
CPF pays you only in SGD(bank draft, telegraphic transfer, local Singapore account). Take about 1 month to process.

Can use your foreign passport to enter and exit Singapore. No problem. ICA does not allow dual citizenship.
 

Danni12345

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#5
From some previous posting , some people were allowed to keep their old IC (with 2 holes punched through to invalidate it); it is not the case with you ?

How long did it take you from start to finish (getting CPF). I am hoping to start my own process but I only have a few days in SG.

Where have you emigrated to? Wishing you all the very best in your new home country.
 
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Climax69

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#6
Sinkies will miss u bro. Go with no regrets and remember how lucky you are to have made this choice. Good luck and all the best!
 

sam leon

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#7
From some previous posting , some people were allowed to keep their old IC (with 2 holes punched through to invalidate it); it is not the case with you ?

How long did it take you from start to finish (getting CPF). I am hoping to start my own process but I only have a few days in SG.

Where have you emigrated to? Wishing you all the very best in your new home country.
ICA very efficient. You need only 10 to 15 minutes. No need appointment. Drop-in basis. ICA-3 months CPF - 1 month. Never ask for old IC.
 

Danni12345

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#8
I assume you did all the CPF on a separate trip back to Singapore.

Besides getting the overseas documents notarised by a Justice of Peace of that overseas country , do you need any notaries for Singapore documents ? I was googling and it cost $50/- per page.

Since CPF will not transfer funds to an overseas account, did you transfer the funds interbank to your overseas account?
 

Danni12345

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Loyal
#10
I am looking for tickets to SG soon.

This trip will not just be for the ICA. But to say goodbye to friends and places I have known and will miss.

If the CPF cannot be done, then it will give me some more free time to binge on laksa and wantan mee.

Has anyone had trouble with the banks and changing your details? Do they ask for residency details for the purpose of CRS protocol reporting?

Oh yes and chicken rice.
 

sam leon

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Loyal
#11
I assume you did all the CPF on a separate trip back to Singapore.

Besides getting the overseas documents notarised by a Justice of Peace of that overseas country , do you need any notaries for Singapore documents ? I was googling and it cost $50/- per page.

Since CPF will not transfer funds to an overseas account, did you transfer the funds interbank to your overseas account?
CPF will transfer funds to your overseas account only in SGD.
 

sam leon

Alfrescian
Loyal
#12
I am looking for tickets to SG soon.

This trip will not just be for the ICA. But to say goodbye to friends and places I have known and will miss.

If the CPF cannot be done, then it will give me some more free time to binge on laksa and wantan mee.

Has anyone had trouble with the banks and changing your details? Do they ask for residency details for the purpose of CRS protocol reporting?

Oh yes and chicken rice.

Take ICA renunciation acknowledgement letter and your foreign passport. Go to your S'pore bank. Fill up a form to change your local bank account into
a non-resident bank account. That is if you want to use your S'pore bank account to receive your CPF funds, and use your S'pore bank account to transfer your CPF funds periodically(or one lump sum) to your foreign bank account.
 

Danni12345

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Loyal
#17
The bank I am with uses an app for login. Does not require token any more.

Has the bank asked for your CRS certification , like your residency tax status overseas ?
 
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