Search found 4404 matches

by RetireJapan
Fri May 17, 2024 3:48 pm
Forum: Taxes
Topic: Tax Avoision (“…I say, ‘Avoision’”)
Replies: 13
Views: 280

Re: Tax Avoision (“…I say, ‘Avoision’”)

Don’t think this is correct. Lots of people confuse permanent residency for visa purposes with permanent residency for tax purposes when it’s possible to be the latter without being the former. Overseas gifts and inheritances are separate issue. This site explains it well. https://argentumwealth.co...
by RetireJapan
Fri May 17, 2024 2:31 pm
Forum: Taxes
Topic: Tax Avoision (“…I say, ‘Avoision’”)
Replies: 13
Views: 280

Re: Tax Avoision (“…I say, ‘Avoision’”)

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...
by RetireJapan
Fri May 17, 2024 7:59 am
Forum: Taxes
Topic: Tax Avoision (“…I say, ‘Avoision’”)
Replies: 13
Views: 280

Re: Tax Avoision (“…I say, ‘Avoision’”)

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...
by RetireJapan
Fri May 17, 2024 12:48 am
Forum: Taxes
Topic: Tax Avoision (“…I say, ‘Avoision’”)
Replies: 13
Views: 280

Re: Tax Avoision (“…I say, ‘Avoision’”)

Moral concerns aside, is there much to hear about Japan going after foreigners for failing to report on such things? I know some people who were called into the tax office to explain certain bank transfers/transactions, which resulted in them paying back taxes and penalties. Enforcement likely depe...
by RetireJapan
Thu May 16, 2024 6:32 am
Forum: Stock market investing
Topic: Investing in stocks through Interactive Brokers
Replies: 6
Views: 185

Re: Investing in stocks through Interactive Brokers

Hi Lucas

You should be able to buy ETFs through IB Japan.

My understanding is that they may be able to transfer common stocks/ETFs to IB in another country. Probably best to confirm with them directly though.
by RetireJapan
Wed May 15, 2024 9:42 am
Forum: General
Topic: SBI wanting update of customer information
Replies: 7
Views: 420

Re: SBI wanting update of customer information

Mercari, SBI, Paypay, Rakuten, Amazon Sellers... I guess it's the global KYC (Know Your Customer) regulations. Mercari, SBI, etc don't have a say in the matter. And neither do you! That is not quite correct. Each institution makes their own rules that often go above and beyond what the government r...
by RetireJapan
Tue May 14, 2024 9:45 am
Forum: Pension
Topic: Receiving uk pension while living in Japan.
Replies: 14
Views: 271

Re: Receiving uk pension while living in Japan.

Thank you for this information Tunaski, I will hold on to the link provided. But as stated, the pension in the uk is not currently taxable as it falls below the taxing threshold. So for example: pension paid directly into my uk hsbc account and is not taxed. How much of it can I transfer over to Ja...
by RetireJapan
Tue May 14, 2024 9:42 am
Forum: Real Estate
Topic: WHO WAS YOUR GUARANTOR?
Replies: 5
Views: 404

Re: WHO WAS YOUR GUARANTOR?

I don't remember having a guarantor for my mortgage, but if I did have one it was probably my father in law or my wife. They are not on the property deed in any way even if they did sign as guarantor.
by RetireJapan
Tue May 14, 2024 2:21 am
Forum: New NISA (2024~)
Topic: Junior NISA replacement
Replies: 4
Views: 149

Re: Junior NISA replacement

Goldenhand wrote: Mon May 13, 2024 4:05 pm 未成年 broker accounts. Nice!
Maxing out my own lifetime contribution limit? Why?
未成年 accounts are taxable, and if you give the money to your children it is theirs. More control, fewer taxes if you invest it in your NISA.

You can always give them the money later if you choose to.
by RetireJapan
Mon May 13, 2024 1:57 pm
Forum: New NISA (2024~)
Topic: Junior NISA replacement
Replies: 4
Views: 149

Re: Junior NISA replacement

Yes, but consider maxing out your own NISA first.

Children can have 未成年 broker accounts.