Search found 12 matches

by Fraussie
Tue Sep 20, 2022 6:27 am
Forum: Real Estate
Topic: Moving overseas when owning a house in Japan
Replies: 6
Views: 2089

Re: Moving overseas when owning a house in Japan

Thank you very much for this detailed response Tkydon.
by Fraussie
Fri Sep 16, 2022 3:48 am
Forum: Real Estate
Topic: Moving overseas when owning a house in Japan
Replies: 6
Views: 2089

Moving overseas when owning a house in Japan

Hi guys My wife (Japanese) and I (foreigner) are considering moving overseas for a while for work reasons. No idea about whether/ when we'll be back. We bought a house in Tokyo just over 2 years ago. I'm the only one on the title and the mortgage (wife is guarantor). I don't have PR and I'm not plan...
by Fraussie
Sun Nov 28, 2021 9:56 am
Forum: Taxes
Topic: Accumulating ETFs
Replies: 14
Views: 4251

Re: Accumulating ETFs

Sorry haven't logged into my account for a while - better late than never!

I am not yet taxble on my worldwide income so I did not include dividends in my tax return. I queried the whole thing with the accountant who prepares my tax return and could not get a straight answer...
by Fraussie
Sun Nov 28, 2021 9:29 am
Forum: Taxes
Topic: Medical Expenses Deduction for double income couple
Replies: 2
Views: 315

Medical Expenses Deduction for double income couple

Hi guys My wife and I both work and our salaries are roughly identical. We're trying to have kids and have been spending scary amounts of money on IVF treatment. We're now making preparations for our tax returns and were wondering how to use the medical expenses deduction. I understand that one spou...
by Fraussie
Mon Mar 22, 2021 5:02 am
Forum: iDeCo
Topic: IDECO allocation Monex
Replies: 4
Views: 958

Re: IDECO allocation Monex

Thanks guys - I've got my bonds covered somewhere else. I will go 100% equity for IDECO given it's a tax free account.
by Fraussie
Sat Mar 20, 2021 8:53 am
Forum: iDeCo
Topic: IDECO allocation Monex
Replies: 4
Views: 958

IDECO allocation Monex

Hi guys

I'm opening my IDECO account and need to chose a fund allocation.

Do I just need to follow the basic rule of balancing the portfolio between equity/bonds? Or do you just put 100% into eMaxis Slim All Countries?

Cheers
by Fraussie
Tue Feb 16, 2021 5:56 am
Forum: Taxes
Topic: Accumulating ETFs
Replies: 14
Views: 4251

Re: Accumulating ETFs

This is so confusing. I've asked the tax accountant who is currently preparing my tax return whether one would have to include in their tax return dividends from accumulating ETFs and her answer is yes... Although I am not sure she understands what a accumulating ETF is. I tried to describe as best ...
by Fraussie
Mon Feb 15, 2021 10:51 am
Forum: Taxes
Topic: Accumulating ETFs
Replies: 14
Views: 4251

Re: Accumulating ETFs

These are not taxed in Japan until you sell the shares. It is one of the reasons they get recommended by Japanese financial advisors on Youtube videos. For US investors this is one of the characteristics of a PFIC which needs to be accounted for when filing US taxes so you are required to calculate...
by Fraussie
Tue Jan 12, 2021 9:34 am
Forum: iDeCo
Topic: iDeCo and moving overseas
Replies: 2
Views: 1652

iDeCo and moving overseas

Hi, I am considering opening an iDeCo account for myself and one for my wife (she's Japanese). We are in our early 40's and we are both employees contributing to the national pension scheme. I read on Retire Japan that iDeCo is only recommended if you intend to be living in Japan until retirement (6...
by Fraussie
Tue Jan 12, 2021 2:49 am
Forum: Taxes
Topic: Accumulating ETFs
Replies: 14
Views: 4251

Re: Accumulating ETFs

Thank you TokyoWart!