RetireJapan

Did his bank agree to let him rent out his property? That is pretty rare. Honestly, I think his case just fell through the rubberstamping cracks. I remember him researching this at the time, and I told him to tell his bank for avoidance of any problems when he was doing this, and he sent several em...

Did his bank agree to let him rent out his property? That is pretty rare. Honestly, I think his case just fell through the rubberstamping cracks. I remember him researching this at the time, and I told him to tell his bank for avoidance of any problems when he was doing this, and he sent several em...

Your friend's plan seems very shortsighted to me. 1. Drawing down a tax-free account, paying tax, and never getting that space back. 2. Financing a new construction with tax-sheltered investments in a country with incredibly cheap debt. 3. In regards to the IBKR questions, they state their policy o...

Did you not like the advice that was posted in response on reddit? SMBC is a good option. https://old.reddit.com/r/JapanFinance/comments/187jdtg/whats_the_best_way_to_cash_out_a_canadian_rrsp_to/ Fair question, well pointed out. That thread does not answer one key question: - which incarnation of I...

Talking with a friend who needs some money to put down on a house, and he's talking about cashing out his RSP sitting in Manulife Canada, paying the 25% nonresident fee, and then simply wire transferring it from TD to his bank in Japan. Leaving aside for a second the discussion on whether it makes s...