RetireJapan

Also on completely different note, I have seen people putting their monthly payment of investment on credit card for tsumitate NISA. Has someone done something similar for NISA?

It's not a lump payment. Just adds to your monthly payment. So if you're regular payment was 1,000 x 12 months, your 増額 maximum would be 388,000 / remaining number of months. It's only really useful if you weren't able to max some monthly payments during the year - then you can use it to catch up. ...

This makes it interesting - to buy something, otherwise one can just deposit some yen to transferwise and withdraw it. You can withdraw money after just activating the card. However, if you want to make a contactless payment you can't do it until you have made a previous chip and PIN payment. That'...

711 ATMs are the safest bet. They work with the widest array of foreign cards. According to the accompanying letter you have to buy something with chip and PIN to activate the contactless. I guess paying at the conbini counter or at a supermarket would do the trick. This makes it interesting - to b...

Kanto wrote: ↑Fri Feb 12, 2021 11:54 am 711 ATMs are the safest bet. They work with the widest array of foreign cards.

I see, thank you!

I had to activate mine. Just log in and enter the six digit number on the front of your card. Apparently you need to make one chip and PIN payment before you can use the contactless feature. Maybe that's what you're thinking of... I see, so for contactless payment, one has to make these transaction...

Looking to get the transferwise card but have some doubts. I read somewhere on the forum that we have to do physical transaction for the card to activate first time before using it online. But as per their site https://transferwise.com/help/articles/2978024/how-do-i-activate-my-transferwise-card?ori...

I am also going through this. Twice rejected now because my ID was not 'acceptable'. I understood from the email that they needed an ID with katakana on it, so I uploaded my insurance card. Still rejected. They sent the automated message again saying that my ID and account name did not match... I t...

adamu wrote: ↑Thu Feb 11, 2021 4:33 am You inspired me to start the first article on retirewiki.jp https://retirewiki.jp/wiki/NISA

Of course, RetireJapan also has a lovingly crafted guide to NISA you can buy if you want a full introduction: https://gumroad.com/l/sLEXJ

Thank you for your work! I hope the Wiki grows a lot!

After 5 year period, the entire portfolio if not extended into NISA for next period, then will be rolled into normal taxed account on which taxes will be applied. Not the entire portfolio. Each year is treated separately. Every year, you can chose to invest up to your annual allowance in the NISA. ...