RetireJapan

Roger Van Zant wrote: ↑Fri Feb 02, 2024 12:44 am They will pay 0.1% interest p.a. on balances up to ￥3m. (0.079% after tax)

https://www.rakuten-bank.co.jp/info/2021/211227.html

Don't spend all that interest at once!

So wife has some cash in the bank, but she is extremely conservative and does not want to invest in stocks or ETFs. Is there any option that is very low risk of losing capital where this cash could grow or at least get some interest, but also be available in case she wanted to withdraw all or part o...

Thanks, we ll ask the tax office, I want to establish the basic/unavoidable monthly costs and then see our options for housing and future/pension…

Incredible, thank you so much Tkydon! If no one works and income comes only from stocks, I guess wife and I will fall in the unemployed category? Which means only 16.520¥ x 2 per month for the pension? And the 1+2+3 costs are unavoidable and payable by all including us (and according to the taxable ...

Thank you so much everybody, this forum is very eye opening. We were considering of moving within the next say 5 years so I wanted to have a rough idea how it ll all work out, we ll talk to a professional for sure. We had a look few weeks ago and saw that new(!) houses (4Room) in my wife’s city (Ham...

Thank you for the bank recommendation, yes spouse visa and transfer stocks to IB Japan…

Theoretical question, if one (foreigner) relocates to Japan and has a Japanese spouse but monthly income only from stocks (not employed or freelancer), do banks consider it as income and could approve a loan only on that? A loan of 25m yen with a 10-20% deposit for example? Or they consider it too r...

Thank you, yes we ll do it as gradual as possible. My wife has still a Japanese bank account (she just didn’t tell them she moved abroad) but I do not want to connect a jp broker since we are currently in a gray zone I guess.

Hello, firstly a big thanks, I discovered the website and forum a few days ago and it’s a wealth of information! I am an EU citizen, married to a Japanese for 7 years and we are living in Germany. We are in our late 30s and have two kids. We have an emergency fund and stocks in IB Europe. Our plan i...