RetireJapan

Many thanks for this comment. I'm not in the ¥100+ bracket, but I still want to mitigate my tax liability as much as possible. Cheers!

Hi everyone. I am in the process of taking care of my will in Japan. I want to lower the inheritance tax that might be imposed upon my children when they inherit my estate. I have heard that shifting cash and securities funds into life insurance can dramatically reduce this tax liability. I would be...

Hi, could I just jump into this UK pension-related topic with a question?

Is the UK state pension regarded as taxable income in Japan and is it necessary to declare it? Many thanks!

Hi everyone, I have just retired and I am now in the process of getting my affairs in order. As a key part of that process, I would like to preplan and prepay funerals for myself and my partner. A dark topic, perhaps, but something I want to get settled in order to spare surviving relatives any trou...

Thank you for your thoughts. Very helpful. Cheers.

I'm also sorry for hijacking the thread with my own (but related) question. I'm new to WISE and I have never used it to bring funds into Japan. What is the procedure, after transferring funds from abroad (in my case, the UK) to WISE, for then moving those funds to a regular Japanese bank? Thanks for...

Thanks for the answers and feedback to my UK pension/ WISE question. Thus far I've only used WISE to send money to the UK. This would be the first time that I am thinking about using WISE to receive money in Japan. Here's a question: if I proceed to use WISE to receive my UK pension through the virt...

Thanks to everyone who answered my query. I'm in touch with WISE and the way forward is getting clearer. On this matter of using WISE for receiving money, does anyone have any experience of receiving UK pension payments regularly through WISE? Is this a better way to go than to get the pension paid ...

Sorry, for follow-up questions here, but would HMRC send to a WISE account? They said they wouldn't send to my normal Japanese account. I have a WISE account already but I've only used it for remitting money to the UK. What WISE account details would HMRC need to have to send? And where do I find th...

Thanks very much for these helpful suggestions. Is using a WISE account smooth?