Happy travels but super has to stay put
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Monica Rule, author of The Self Managed Super Handbook, points out that there is no legislative provision that permits Australian residents or citizens to access their superannuation on the basis that they have left the country. For example, an Australian citizen who is 37 and decides to leave the country permanently will be unable to access their superannuation until they meet a condition of release such as retirement, temporary and/or permanent incapacity or death.
If the person entered Australia under a temporary resident visa, they may be able to access their superannuation when they leave Australia under the Departing Australia Superannuation Payment (DASP) provisions. The tax-free component is paid tax-free; the taxable component is subject to withholding tax at 35 per cent.
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