RetireJapan

Thank you all. Understood calculation from EY seems fine. Point is I never claimed depreciation in JP before... Just had to now declare this sale in Japan as I used the cash made from this sale to buy a property in Japan. I wanted to make things clean, which was not the case before...somehow I got p...

Dear all, I am now finalizing my tax filling with EY. One question to you all as I was surprised by the tax level on capital gain. I have been living in Japan for more than 5 years. Sold a property abroad last year and used the monney to buy a property in Japan. Property I sold: Built in 1995, inher...

Hello, Thank you for your nice words. You re right, we dont have any life insurance, are healthy with stable jobs. I also saw the thing from this angle and was wondering if it is worth it or not. As even if we choose pair loan, if one of us die, the remaining amount to be paid by the other party wou...

Dear all, I am now in the process of finalizing a home loan with SMBC for a rather important amount (>100MJPY). My wife is working too and we have been offered the option of doing a "pair loan" or a "cross support" loan. Basically the way they explained the difference (and +0.18%...

And to get back to your point regarding loan/cash, thanks to my salary in Japan I could afford a nice house without much downpayment but now I will have this cash available from abroad and with JPY at such low level, I see it as an opportunity to leverage my available cash and buy what we spotted as...

Dear all,

Thank you very much for all your comments.
I also checked links shared to other thread here and on reddit.
Very helpful for me as now I am considering to correct past filing to ensure I m clean.


Any further comments please do not hesitate.

Best,

Vincent

Hello, Thanks a lot for your reply. It definitely requires support from a professional and I will consult my tax accountant again. I am just trying to hear from other people's experience. Sale of real estate I own abroad would take place this year. It would help me finance a real estate buying in Ja...

Hey everyone, First post here for me. After 6 years in Japan I finally decided to make a serious move and now started to visit possible home to buy (for living). My question is related to cash brought from abroad to finance part of the investment. I know that after 6 years in Japan I have to declare...