Any Tax Liability Triggered When Move To Japan
Posted: Tue Feb 06, 2024 11:19 am
Hello,
I am planning on getting my spouse visa Jun and move to Japan to retire maybe around Sept this year. I have about 500k stock that i would like to sell first before i start apply for spouse visa and move here all in the same year. i would like to transfer all of it over after i arrived in Japan. My understanding is that from another post here, transferring fund itself is not a taxable event. However it may trigger Tax Liability against other Taxable Events in the same Tax Year. I don't quite understand what other tax liability might it have since i sold the stock before applying the spouse visa. Any money that i have earned before Japan is not subjected to tax or am i wrong? Anyone out there can help me understand any tax implication at all. I would be grateful. Tkydon, if you could impart your knowledge here, please help. I appreciate it.
Thanks for reading.
I am planning on getting my spouse visa Jun and move to Japan to retire maybe around Sept this year. I have about 500k stock that i would like to sell first before i start apply for spouse visa and move here all in the same year. i would like to transfer all of it over after i arrived in Japan. My understanding is that from another post here, transferring fund itself is not a taxable event. However it may trigger Tax Liability against other Taxable Events in the same Tax Year. I don't quite understand what other tax liability might it have since i sold the stock before applying the spouse visa. Any money that i have earned before Japan is not subjected to tax or am i wrong? Anyone out there can help me understand any tax implication at all. I would be grateful. Tkydon, if you could impart your knowledge here, please help. I appreciate it.
Thanks for reading.