Search found 15 matches

by ChrisFukuoka
Fri Feb 28, 2020 8:03 am
Forum: General
Topic: Why are Motorcycle Licenses so Expensive in Japan?
Replies: 6
Views: 3908

Re: Why are Motorcycle Licenses so Expensive in Japan?

I went the same route as the other guys. Cost me about 80000 yen back in the day for the chugata license. I was thinking of just going to the test center to try to get the oogata license but I have heard you should expect to fail a few times before passing it. It still might be cheaper in the long r...
by ChrisFukuoka
Mon Feb 24, 2020 12:24 am
Forum: iDeCo
Topic: SBI iDeCo Fees
Replies: 3
Views: 3595

Re: SBI iDeCo Fees

Thank you so much for taking the time to get this written out. It has helped me immensely.

I can't thank you enough.
by ChrisFukuoka
Tue Feb 11, 2020 1:31 pm
Forum: iDeCo
Topic: SBI iDeCo Fees
Replies: 3
Views: 3595

SBI iDeCo Fees

I have my SBI iDeCo application form here in front of me and I am trying to work through the page on fees (see https://drive.google.com/file/d/17w6BP8crKVXAzShySwZP382SxVfpQuVK/view?usp=sharing). It looks like I have the following to consider: 1. Initial set up fee of ¥2829 2. A fee of ¥171 per depo...
by ChrisFukuoka
Sat Feb 08, 2020 6:42 am
Forum: RetireJapan for Dummies
Topic: Offshore vs Onshore Investment
Replies: 101
Views: 24769

Re: Offshore vs Onshore Investment

I agree with you on the bullet dodging. When the guy took me through the scheme he was showing me performance numbers based on 9% growth which were just about keeping the plan ahead of the fees incurred. I seem to recall he said something about 2 years of deferred units which I imagine is representa...
by ChrisFukuoka
Sat Feb 08, 2020 5:53 am
Forum: RetireJapan for Dummies
Topic: Applying for an SBI account
Replies: 4
Views: 2078

Re: Applying for an SBI account

Thanks.

I will get the forms sent to me then to avoid any more bumps in the process.
by ChrisFukuoka
Sat Feb 08, 2020 3:52 am
Forum: RetireJapan for Dummies
Topic: Applying for an SBI account
Replies: 4
Views: 2078

Applying for an SBI account

Just a quick question. I applied to open up an account with SBI online (took me ages) only to receive a letter a week later saying foreigners are not allowed to open accounts online. Has anyone else been told the same? Are the other companies going to be the same (Rakuten, Monex etc)? If so I will s...
by ChrisFukuoka
Sat Feb 08, 2020 3:47 am
Forum: RetireJapan for Dummies
Topic: Offshore vs Onshore Investment
Replies: 101
Views: 24769

Re: Offshore vs Onshore Investment

Previous workshops have been 20-80 or so, but somewhere that could seat 30-40 would be great :) There are so many venues in and around Fukuoka. My Japanese isn't so good to navigate all the websites and get you the exact info. I am also not based in Fukuoka City itself, but if you would like me to ...
by ChrisFukuoka
Sat Feb 08, 2020 3:43 am
Forum: RetireJapan for Dummies
Topic: Offshore vs Onshore Investment
Replies: 101
Views: 24769

Re: Offshore vs Onshore Investment

I am fine with that. One company was called Argentum Wealth, based out of Tokyo, and recommended a plan called Evolution with Investors Trust in Puerto Rico. The other company I never made it to the second meeting as I picked up the advice on here to run with my money while I still had it. Since I d...
by ChrisFukuoka
Wed Feb 05, 2020 7:53 am
Forum: RetireJapan for Dummies
Topic: Offshore vs Onshore Investment
Replies: 101
Views: 24769

Re: Offshore vs Onshore Investment

How big is big enough? What would the size of the audience likely be?
by ChrisFukuoka
Wed Feb 05, 2020 1:52 am
Forum: Legacy NISA (~2023)
Topic: NISA explanation for this Dummy
Replies: 11
Views: 6981

Re: NISA explanation for this Dummy

I see. So you can't actually invest more than 1.2m in any one account. You basically have to open a new account each year to continue investing. One account isn't good for five years of investing. Under my assumption you would have been able to invest like this: Year 1: Account 1 - 1.2m Year 2: Acco...