RetireJapan

I'm also facing a similar situation, however, my taxes are automatically deducted from both sides. I don't care for the additional paperwork to get any tax credits and am happy with the double taxation (if any). Do I still need to report to each side what is happening? Rather not but worried I might...

Dear RetireJapan Community: I rmoved from monex.co.jp to Interactive Brokers (IB) last year and now have to complete a Kakutei Shinkoku for the first time as IB does not do this automatically like most local Japanese brokers do. I understand IB has many report generating tools but I am not sure what...

Anyhow it went by fine, costing 800 yen like the others have mentioned, if that helps understanding whether or not it's a local account Warnings guys. Transferring from SMBC to IBKR, although on my first transfer I only got 800 yen of fees, on my second transfer I got a 5000 yen fee! I used the SMB...

I have been using Wise to convert JPY to EUR and then send it to IB EUR account, not very efficient but very fast, same day delivery and I have no access to SMBC nor MUFJ from my prefecture mind you. I've used this over a year now but since Dec 2021 the app gives me the following error 'We cannot cu...

Thanks for this, Ive tried all these different methods and MUFJ is the cheapest although not very efficient method. Also, I dont have MUFJ in my area and have to go to Tokyo for it which is a hassle. I was happy with transfering with Wise JPY>>>EUR>>>IB, but now it seems they have stopped that as we...

If your funding your account from your home country then open it with non-Japanese documents. You wont have so many restrictions and life would be easier imho.

I would like to share my experience with TransferWise and ask about your experience with Revolut. I tried to send JPY to IB but it simply does not work, the system give you an error that the ammount needs to be over/under 1milJPY, I tried to hack the inputs and wrote Ithe in katakana and other codes...