Heading: Leaving Australia? Don’t Forget Your Super! A Guide to Claiming Your Departing Australia Superannuation Payment (DASP)

Many temporary residents who work in Australia accumulate superannuation (retirement savings) during their time here. As you prepare to embark on your next adventure, whether returning home or moving to a new country, you might be wondering: “What happens to my super?”

The good news is that eligible temporary residents can claim their superannuation as a Departing Australia Superannuation Payment (DASP). At AMES Group, we understand that navigating financial processes after leaving a country can feel complex. That’s why we’ve put together this clear guide to help you understand what you need to do.

Are You Eligible for a DASP?

Before you start the application, it’s essential to confirm your eligibility. You are generally eligible for a DASP if:

• You accumulated superannuation while working in Australia on an eligible temporary resident visa.
• Your temporary visa has ceased to be in effect (it has expired or been cancelled).
• You have left Australia.
• You are not an Australian or New Zealand citizen, or an Australian permanent resident.

Important Note: You cannot apply for your DASP until after you have permanently departed Australia and your temporary visa has ceased. However, you can certainly start preparing your documents beforehand!

What Do You Need to Claim Your DASP? Your Essential Checklist

To make the process as smooth as possible, gather the following key documents and information:

1. Online Application Access: The primary method for claiming your DASP is through the Australian Taxation Office’s (ATO) online application system. You’ll use this portal to initiate and manage your claim: https://applicant.tr.super.ato.gov.au/applicants/default.aspx?pid=1
2. Certified Passport Copy (for balances over AUD $5,000): If your superannuation balance is AUD $5,000 or more, your super fund will likely require a certified copy of your passport.
   • AMES Group Tip: It is highly recommended to get this document certified by a Justice of the Peace (J.P.) while you are still in Australia. This can save you significant hassle once you’re overseas, as finding an authorised person to certify documents internationally can be more challenging.
3. International Migratory Registration Certificate: This document verifies your departure and registration status.
4. Bank Certificate / Details: You’ll need to provide accurate bank details for the payment to be deposited. An Australian bank account that remains open after your departure is often the easiest option. Confirm with your bank any fees for keeping the account active while overseas.
5. Visa Cancellation Confirmation: You’ll need confirmation that your temporary Australian visa has officially ceased or been cancelled. This is a crucial eligibility requirement.
6. Your Australian Tax File Number (TFN) – Optional but Recommended: While not strictly mandatory, providing your TFN during the online application greatly assists the ATO in locating all your super accounts, potentially speeding up the process.
7. Superannuation Account Details: Have your super fund’s Australian Business Number (ABN) and your member account number ready. If you’re unsure where your super is held, the DASP online system can often help you locate it if you provide your TFN.

The DASP Application Process: What to Expect

• Online and Efficient: The entire process is primarily online through the ATO’s dedicated DASP system. This makes it accessible from anywhere in the world.
• Processing Time: Once you’ve submitted a complete application with all the required documentation, the process typically takes approximately 15-28 business days. Be prepared for this timeframe and avoid making travel plans that depend on immediate access to these funds.
• Taxation: Be aware that your DASP payment will be taxed before it is paid out to you. The tax rate can vary, especially if you held a Working Holiday Maker visa.

Why Plan Ahead?

Starting the preparation for your DASP application before you leave Australia can save you considerable time and stress. Getting documents certified, ensuring your bank details are correct, and understanding the requirements while you have easy access to services in Australia can make a significant difference.

Need Assistance? AMES Group is Here to Help!

Navigating post-departure financial processes can be daunting, especially when dealing with international regulations. At AMES Group, we assist temporary residents with a wide range of immigration and post-arrival services. While we do not process DASP claims directly, our expert team can provide guidance on understanding the requirements, ensuring you have all your documents in order, and pointing you to the right resources.

Don’t leave your super behind! Contact AMES Group today for professional advice and support on your post-Australia financial matters.