Search found 5 matches

by no6una9a
Wed Oct 02, 2024 9:57 pm
Forum: Real Estate
Topic: Purchase contract name(s) - tax relevant?
Replies: 9
Views: 685

Re: Purchase contract name(s) - tax relevant?

This can be a bit tricky. The concept of marital bank accounts etc doesn't exist in Japan. When you are living here, there are limits how much money can be transferred between you without incurring taxes etc. There are no joint bank accounts here - the best that can be done is an account in one nam...
by no6una9a
Wed Oct 02, 2024 9:44 pm
Forum: Real Estate
Topic: Purchase contract name(s) - tax relevant?
Replies: 9
Views: 685

Re: Purchase contract name(s) - tax relevant?

Hi, I don't have any solid information for you, but I think in general, it is good to have both of your names on the land. It will be registered that way, and it may help your visa situation, to know that you own land in Japan. (I am just guessing this). Since you will have no income from owning th...
by no6una9a
Sat Sep 28, 2024 10:20 am
Forum: Real Estate
Topic: Purchase contract name(s) - tax relevant?
Replies: 9
Views: 685

Purchase contract name(s) - tax relevant?

Hello, still living in Munich/Germany my wife (Japanese) and I (German) are starting our fist step towards retiring in Japan: We are going to buy a plot of land in southern Japan where we plan to build a house and start living in about two years. The real estate agent is currently preparing the purc...
by no6una9a
Fri Aug 05, 2022 5:47 pm
Forum: Legacy NISA (~2023)
Topic: Starting NISA / iDeCo while living abroad
Replies: 6
Views: 859

Re: Starting NISA / iDeCo while living abroad

Thanx for the quick responses! Just be careful, as you could end up paying German taxes on the money that goes in, then Japanese taxes on the money that eventually comes out. Indeed, thats one big topic out of a rather big list of items I still have to investigate. There is a DE-JP double taxation a...
by no6una9a
Thu Aug 04, 2022 5:21 pm
Forum: Legacy NISA (~2023)
Topic: Starting NISA / iDeCo while living abroad
Replies: 6
Views: 859

Starting NISA / iDeCo while living abroad

Hello, first of all thanx a lot for this forum being a great source of information. It is always a pleasure digging throught the articles and learning new things about how to RetireJapan. My wife (Japanese, 55 years old) and myself (German, 56 years old) are living in Germany. Being 60 years old I w...