RetireJapan

You might explore if there are limits/suggestions on transfer amounts. The limit is currently ¥1m per transfer, if using Transferwise, but not sure about other services and corresponding laws. If I were to make monthly transfers, then the amount per transfer would be much less than that. Is it bett...

Transferwise can be safely used. I have been using it for transferring money to my dependents since last 2 yrs and have submitted same as proof for tax deductions. No issues from taxation purpose. Make sure you directly deposit to dependent's account. Great! Thank you very much for this, it's exact...

Thanks for the responses. Some factors/details: https://www.reddit.com/r/japanlife/comments/gniuun/does_the_japanese_tax_office_have_any_means_to/ Just to be clear, the money I'm transferring overseas is for an actual dependent. I don't cheat on my taxes. If, though, what you meant was that Transfer...

According to information I found on the NTA website, it seems possible to claim a dependent deduction of ¥380,000 (per dependent), even if they live overseas: https://www.nta.go.jp/m/taxanswer/english/12016.htm Does anyone know whether or not it's possible to use something like Transferwise for remi...

Oh, I didn't realise that. I thought that I would have to pay taxes on anything over 50 million yen. Thinking about it now, that wouldn't have made much sense since, as you say, just having the assets isn't a taxable event.

Thank you for the information!

Even if you are permanently resident for tax purposes, if you are not making any money then there is no taxable event to declare. You don't have to do anything until you go over 50 million yen of assets abroad (the existence of which you would then have to declare to the tax agency). Thanks, that's...

[edited to fix typos] I'm also interested in the 5-year rule and international investments. If, for example, as a non-permanent resident for tax purposes, someone were to make international investments (stock) by transferring money that was earned while in Japan, but never technically have any inter...