If you are planning to settle abroad for work, your Employees’ Provident Fund (EPF) needs immediate attention. A strategic decision now can prevent loss of interest and future complications.
🔎 Key facts you must know:
✅ EPF does NOT close automatically
Your account remains active, but no further contributions can be made once you stop working in India.
⏳ Interest stops after 3 years
EPF earns interest only for 3 years after last contribution. After that, it becomes inoperative and earns ZERO returns.
💰 Withdrawal can be completely tax-free
If you have completed 5 years of continuous service, the entire withdrawal — contribution + employer share + interest — is fully exempt from tax in India.
🌐 Possible transfer to foreign social security
If India has a Social Security Agreement (SSA) with your destination country, your EPF period may help in foreign pension eligibility.
⚠️ Expert recommendation:
If you are settling abroad permanently, it is advisable to withdraw and close your EPF account early to avoid loss of interest and administrative challenges.
📌 Strategic takeaway:
EPF is a powerful retirement asset — but only if managed proactively. Ignoring it after moving abroad can result in dead money earning no returns.
📞 Need assistance with EPF withdrawal, tax treatment, or NRI compliance?
7760252581
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