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Written Question
Hong Kong: Pension Funds
Monday 15th May 2023

Asked by: Samantha Dixon (Labour - City of Chester)

Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what steps his department is taking to ensure that British National (overseas) Visa holders from Hong Kong are able to access their money from the Mandatory Provident Fund of Hong Kong.

Answered by Anne-Marie Trevelyan - Minister of State (Foreign, Commonwealth and Development Office)

We are aware of the difficulties BN(O)s (British National (Overseas)) are experiencing in seeking early withdrawal of their pension held by the Mandatory Provident Fund in Hong Kong. The root of the problem is the Chinese Government's decision not to recognise the BN(O) passport. The UK firmly opposes the discrimination of BN(O)s in this way. We have urged the Hong Kong authorities to facilitate the early drawdown of funds as is the case for other Hong Kong residents who move overseas permanently. I raised this issue with Christopher Hui, Hong Kong Secretary for Financial Services and the Treasury on 18 April and pressed for a pragmatic solution.