I think u need to b clarified on some matter cause foreign
professional do not contribute to CPF, only PR n for PR to withdraw
their CPF, they need to give up
their PR in order to withdraw CPF, the same applied to local
wishing to get CPF, need to give up their citizenship.
if u r a PR and decided to give up PR for retirement back to
your country, u can withdraw full amount and enjoy in your
MOTHERLAND. The difference here is if you are Sgporean., naturally
Singapore is your motherland!! and we have to renounce our
citizenship to get back our own monies!! i believe you are joking
when you mention "same", it's entirely different.
To answer your questions, kindly see below:-
Q: Do foreigners have to
contribute to the CPF?
Foreigners only need to begin their monthly contributions to the
CPF after having assumed permanent resident status. During the
first two years as a permanent resident, contribution rates to CPF
are reduced.
(look, most foreigners working here ultimately will get PR at
least to avoid hassles of re-applying employment pass (subject to
government approval), moving from one job to another and other
factors too)
Q: Can permanent residents
withdraw their Central Provident Fund savings?
PR can withdraw their savings at age 55, after a Minimum Sum in
their Retirement Account is set aside. Members can also withdraw
their CPF savings if they are permanently incapacitated or will
leave Singapore and West Malaysia permanently. If members do return
to Singapore, they must reimburse the CPF Board for the amount they
had withdrawn with interest.