Super funds for temporary residents in Australia

If you're a temporary resident working in Australia you're eligible for superannuation payments from your employer. Here's how to pick a suitable super fund for your payments.

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If you're working in Australia as a temporary resident you may be eligible for super payments from your employer. If you're over 18, earning more than $450 a month from one employer and are working as an employee rather than a contractor then you should be receiving the super guarantee. If you're unsure if you're eligible for super or not, you can contact the ATO to check.

Super funds for temporary residents

There aren't any special super funds dedicated towards temporary residents. You can choose any open super fund to join to receive your super payments while you're working in Australia. Your employer might have a preferred fund, but you're not obligated to go with their choice of fund if you don't want to.

Once you've chosen your super fund and joined the fund, simply give the account details to your employer so they can pay your super into your chosen fund.

Australian super funds

Name Product Last 1 year performance (p.a.) Last 3 year performance (p.a.) Last 5 year performance (p.a.) Last 10 year performance (p.a.) Fees on $50k balance (p.a.)

Virgin Money Super - LifeStage Tracker

Virgin Money Super - LifeStage Tracker
+22.17%
+10.04%
New Fund
New Fund
$363
Virgin Money Super LifeStage Tracker has one of the lowest fees in the market and has strong 3 year performance. It invests in a mix of assets in line with your age, reducing your risk as you near retirement. The investment team was named a Responsible Investment Leader 2020 and 2021 by the Responsible Investment Association Australasia.

Australian Ethical Super Balanced

Green Company
Australian Ethical Super Balanced
+17.96%
+10.33%
+9.67%
+9.01%
$622
Certified by the Responsible Investment Association Australasia.
Australian Ethical seeks to invest in companies that have a positive impact on the planet, people and animals, such as renewable energy and healthcare while avoiding investments in coal, oil, tobacco and gambling.

AustralianSuper - Pre-mixed, Balanced option

Finder Award
AustralianSuper - Pre-mixed, Balanced option
+20.46%
+9.6%
+10.46%
+9.74%
$476
AustralianSuper is an award-winning industry super fund and the largest super fund in Australia. The Balanced fund invests in a mix of different assets like shares, property and cash.

Sunsuper Lifecycle Balanced

Finder Award
Sunsuper Lifecycle Balanced
+20.62%
+8.77%
+9.84%
+9.06%
$558
Sunsuper is an award-winning super fund with more than 1.4 million members. Its Lifecycle Balanced option invests your super in a mix of growth assets, and reduces your risk when you're near retirement.

Spaceship GrowthX

Spaceship GrowthX
+23.41%
+15.25%
New Fund
New Fund
$536
This is a high-risk investment option that aims to deliver high returns over the long term.
Spaceship's GrowthX fund invests heavily in technology ETFs with high exposures to Australian and international shares. Performance figures and fees supplied by Spaceship, not Chant West.

QSuper Lifetime - Aspire 1

QSuper Lifetime - Aspire 1
+17.11%
+9.02%
+8.61%
New Fund
$360
QSuper is one of the largest profit-for-members funds in Australia. QSuper Lifetime continually adjusts your investment mix in line with your age and your super account balance.

UniSuper Balanced

UniSuper Balanced
+17.6%
+9.23%
+9.55%
+9.55%
$326
UniSuper is an industry super fund and one of Australia's largest super funds with more than 450,000 members. Its Balanced option invests in a mix of different asset classes and charges some of the lowest fees of all default super products.

Aware Super Growth

Aware Super Growth
+18.02%
+8.81%
+9.8%
+8.97%
$519
Aware Super is a not-for-profit fund with more than 750,000 members. The MySuper product invests your super in a pre-mixed Growth fund until you’re 60, then it’ll switch to Balanced.

HESTA Balanced Growth

HESTA Balanced Growth
+19.03%
+8.48%
+9.39%
+8.87%
$533
HESTA is an industry super fund for the health and community services sector and open to all Australians. The Balanced Growth fund invests in a mix of asset classes without taking on too much, or too little, risk.

Australian Catholic Super Lifetime - Grow

Australian Catholic Super Lifetime - Grow
+17.36%
+7.42%
New Fund
New Fund
$528
A Catholic super fund open to all Australians and designed for people working in Catholic education, healthcare or aged care.The Lifetime One fund option changes your investment mix as you get older.

Verve Super Balanced

Verve Super Balanced
+12.85%
New Fund
New Fund
New Fund
$691
Verve Super is an ethical super fund tailored for women. It seeks to invest in companies making a positive impact, such as renewable energy and women in leadership, while avoiding those that cause harm, such as fossil fuels, tobacco and guns.

Superhero Super Autopilot

Superhero Super Autopilot
+14.52%
+8.39%
New Fund
New Fund
$429
Superhero Super Autopilot allows you to invest up to 30% of your super in different themed ASX shares and ETFs, with at least 70% of your balance invested in the Vanguard Global Diversified Index Portfolio. Performance and fees are based on having 100% of your balance in the index portfolio.

REST Super - Core Strategy

REST Super - Core Strategy
+17.43%
+7.17%
+8.26%
+8.43%
$467
REST is an industry super fund tailored towards the retail sector and open to all Australians with almost 2 million members. The Core Strategy is a diversified investment portfolio that balances risk and return.

AustralianSuper - Socially Aware

AustralianSuper - Socially Aware
+19.4%
+7.89%
+9.25%
+9.2%
$501
The AustralianSuper Socially Aware option doesn't invest in Australian or international companies that directly own coal and fossil fuel reserves, produce tobacco or those which have single-gender boards. Investment performance as of 30 June 2020.

Aware Super - Diversified Socially Responsible Investment

Aware Super - Diversified Socially Responsible Investment
+15.23%
+8.1%
+8.28%
+8.12%
$406
The Aware Super Diversified Socially Responsible Investment is a pre-mixed investment option that excludes companies operating in the tobacco, ammunition, gambling, alcohol, forest logging and pornography industries, as well as companies that attribute 20% or more of their revenue to coal, oil and gas.

Sunsuper - Socially Conscious Balanced

Sunsuper - Socially Conscious Balanced
+19.6%
+8.76%
+8.83%
+8.25%
$463
Certified by the Responsible Investment Association Australasia.
The Sunsuper Socially Conscious Balanced option avoids investment in companies that have significant exposure (more than 5% of revenue) to alcohol, tobacco, gambling, pornography, coal and nuclear power manufacturing. Investment performance as of 30 June 2020.
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The information in the table is based on data provided by Chant West Pty Ltd (AFSL 255320) which is itself supplied by third parties. While such information is believed to be accurate, Chant West does not accept responsibility for any inaccuracy in such information. Chant West’s Financial Services Guide is available at https://www.chantwest.com.au/financial-services-guide . Finder offers no guarantees or warranties about the data and we recommend that users make their own enquiries before relying on this information. Performance, fees and insurance data is based on each fund's default MySuper product. Where the performance, fees and insurance data for the MySuper fund vary according to the member's age, results for individuals between 40-49 years of age have been shown. Past performance is not a reliable indicator of future performance.

Claiming your super money when you've left Australia

When you leave Australia you can apply to receive your super money. This is via a payment called the Departing Australia Superannuation Payment (DASP). You need to be a former temporary resident to access a DASP payout.

In order to determine whether you are an eligible former temporary resident of Australia, which is what you need to be in order to claim your superannuation benefits following departure, you should bear in mind the following:

  • You need to have permanently left Australia in order to be considered an eligible former temporary resident of the country
  • Your temporary visa must have either expired or have been cancelled in order to be classed as an eligible former temporary resident of Australia

Also bear in mind that you will not be classed as an eligible former temporary resident of Australia if the following applies:

  • You are a citizen of New Zealand or Australia
  • You are a permanent resident of New Zealand or Australia
  • You still hold a valid temporary visa or you are the holder of a permanent visa
  • You are the holder of a Subclass 405 (Investor Retirement) visa or Subclass 410 (Retirement) visa

Making your claim for super benefits

If you meet the eligibility criteria as a former temporary resident of Australia and you are looking to claim your superannuation benefits there are a couple of options open to you. The method of claiming that you choose will be determined by factors such as how long ago you permanently departed Australia. The methods that you can use to claim your superannuation benefits as a former temporary resident of Australia are as follows:

  • Make your claim directly to the superfund. If it has been less than six months since you permanently departed Australia and you are looking to claim your superannuation benefits you can make a claim directly to the superfund. You can usually get the ball rolling by going online or by contacting the company by phone to start your claim
  • Go through the Australian Taxation Office (ATO): If your superannuation benefits go unclaimed for more than six months after you permanently depart Australia your benefits will generally be transferred to the Australian Taxation Office and classed officially as unclaimed super. The Australian Taxation Office holds a database of unclaimed super so if it has been six months or more since you permanently left Australia you will need to go through the Australian Taxation Office. The ATO has a simple and easy to use facility known as SuperSeeker, which is designed to provide those with lost or unclaimed super with the details of the relevant accounts. You will then need to follow the process through in order to make your claim

If you are a former temporary resident then there is a chance that you may even have lost track of your super. If this is the case you can also use the SuperSeeker facility from the Australian Taxation Office. You will need to provide a few details in order to run the search and you can then be able to see a display with details of any lost super in your name.

If you do not wish to or are not able to go online to get details of your unclaimed or lost super as a former temporary resident you can opt to call the Australian Taxation Office (or your super fund if you left Australia less than six months ago) in order to enquire about your claim. However, going online to do this usually tends to be far quicker, more convenient, and of course cheaper, as you will be making your claim from another country.

It is also worth noting that if you left Australia more than six months ago and your unclaimed super has been transferred to the ATO, you will no longer be classed as an active member of that superfund and you will therefore no longer be receiving earnings on your investment. Any insurance cover that formed part of your membership to the superfund will also become invalid when the unclaimed benefit has been transferred over to the ATO.

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