RetireJapan

I’d ask Rakuten. I’ve kept all my investments in unit trusts etc offshore to avoid this sort of issue.

Your interpretation of the exit tax and PR is the same as mine, and the main reason it would be financial suicide for me to accept PR here. My whole strategy to avoid Japan taxing me on investments I’ve been building my whole life is to leave, take the capital gains while outside of Japan, fix ever...

It would be great if all this mess on exactly when tax on worldwide income, inheritance tax and exit tax could be simplified but I guess it isn’t something to hold our breath for. Pretty silly to have completely different tests for different parts of the tax system.

If you are on a work visa you do not have to pay tax on overseas gifts or inheritances (you do if you are on a spouse visa or are a permanent resident). Don’t think this is correct. Lots of people confuse permanent residency for visa purposes with permanent residency for tax purposes when it’s poss...

I lived in Japan in the early 2000s and I never heard about Japan taxing foreign money/gains. If this is now the case, this is likely to affect my decision to return at some point. Please humor me with a hypothetical. I’m Canadian (or simply not Japanese) living in Japan on a work visa (non PR) and...

Your interpretation of the exit tax and PR is the same as mine, and the main reason it would be financial suicide for me to accept PR here. My whole strategy to avoid Japan taxing me on investments I’ve been building my whole life is to leave, take the capital gains while outside of Japan, fix every...

No guarantor needed for me either.

@retirejapan clean up needed in aisle 5

And something similar for us Brits who couldn't care less about all the US stuff...

The more concentrated and specialized a fund is, the more extreme the returns can be - in both directions. Most of us realize we can’t pick these funds reliably and hence settle for market average returns at a low cost rather than thinking we’re smarter than the collective wisdom of millions of mark...