RetireJapan

This seems rather appropriate to post here. https://www.bbc.com/news/articles/cgr0dyy152jo I guess if I know I lost 10,000 or even a million yen, I will always know it was 10,000 or a million yen. But this poor guy must have a lot watching the price of BTC go up in value. He will have this mental p...

Thanks guys, but I'm still a bit confused. So when moving to Japan e.g. next month (December), does it make sense in terms of tax benefits to start ideco from January next year - or will the benefits be bigger when starting one year later? (ofc even with "lower" benefits in the first year...

Thanks guys, but I'm still a bit confused. So when moving to Japan e.g. next month (December), does it make sense in terms of tax benefits to start ideco from January next year - or will the benefits be bigger when starting one year later? (ofc even with "lower" benefits in the first year...

james wrote: ↑Tue Oct 29, 2024 2:23 am

Beaglehound wrote: ↑Thu Oct 24, 2024 5:29 am Also with SBI. Not yet.

same here

Mine arrived yesterday...

Usual caveats, but your option 3 sounds worth investigating to me. You have never actually had possession of any money as far as I can see, and if there is no trust anymore there is no gift... If that were possible, would you not be better off waiting to actually inherit rather than go down the gift...

I mean basically everyone says buy bonds of we want to protect ourselves nearer retirement.and if it's so risky, why do we bother? If the Japanese yen strengthens against the dollar, returns on U.S. bonds held by a yen-based investor could decline once converted back to yen. That is the risk. As fa...

Also with SBI. Not yet.

Definitely sounds like a case of less said the better. Wonder if a couple of hours work a month still qualifies as self-employed? Don't see why not.

I think it is less a matter of a common sense approach and more to do with how long the Japanese spouse is out of the country. If they are living overseas long enough, it is entirely possible and legal and swap assets around without incurring gift tax. Thirty years is well over even the revised thr...

I understand your concerns but you are probably worrying too much. Having said that, your plan outlined in #1 and #2 sounds pretty foolproof if you want to be ultra safe. We were in a similar position a few years back and knew nothing about gift tax so sent the proceeds of the sale of our jointly-ow...