Regulatory Alerts2015-06-23
Regulation on Defining the Conditions and Criteria for Withdrawal of Funds from KPST by Participants with Permanent Emigration
The Central Bank of the Republic of Kosovo has issued a regulation establishing the conditions and procedures for permanently emigrating participants to withdraw their pension funds from the Kosovo Pensions Savings Trust (KPST). Eligible participants must submit evidence of foreign citizenship, five years of residence abroad, cessation of KPST contributions over the same period, and a licensed receiving pension entity in their destination country. KPST evaluates applications through a dedicated commission, issues approval or rejection decisions within thirty days, and completes the direct fund transfer to the foreign entity within fifteen days of approval.
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