RetireJapan

https://www.nenkin.go.jp/international/japanese-system/nationalpension/nationalpension.html This page refers to the Basic Japanese Pension if you are not employed, student, self-employed, etc.. If you are employed, you are covered by the National Employees' Pension Insurance - Kousei Nenkin https://...

Since some US/Japan treaty articles were being discussed here ( separate thread ), it's interesting that this just came up--newly added to the (reddit) JapanFinance wiki. Nicely done in table form: Summary of taxation rights under Japan's tax treaties And, the thread announcing this. Nice job by St...

How old?

Does said student have a NISA or iDeCo?

Rakuten Card, NISA, etc... ???

If not yet 18, then a Family Card...

Bubblegun wrote: ↑Wed May 08, 2024 6:14 am Thanks for that. Complicated as ever as the UK pension is monthly and the Japanese is bi-monthly. I really need to have a degree in economic math at this rate. . Sadly not the average rate.

Sorry, my bad. Monthly rate (corrected above).

Yeah, the devil is in the detail

Personal Pensions, whether paid by the Pension Administrator or paid from an Annuity are not Public Pensions, and so are not included in the calculation for the 'Public Pension Deduction'. UK National Pension, US Social Security, Australian Super-Annuation, etc., are Public Pensions, and so are incl...

Many thanks for the discouraging news that U.S. citizens can't take advantage of the new NISA accounts for passive investing. And thanks too for the link to Interactive Brokers Japan. Depending on NISA Provider, you could buy individual Stocks that qualify as non-PFIC in the Growth Portion of NISA....

Deep Blue wrote: ↑Sat May 04, 2024 1:42 pm And something similar for us Brits who couldn't care less about all the US stuff...

I agree.

And the Canadians, and the Australians, and don't forget the ...s...

https://www.mof.go.jp/english/policy/ta ... st_en.html

Thank you. I appreciate the detailed replies. Although it will take me some time to fully digest all of the above information, I now get the gist of it. It would be extremely helpful if somewhere there were a simple, concise explanation, possibly in chart form, for various types of common income (U...

Claiming a UK private pension in Japan is taxed differently from the public pension? If so, perhaps as "self assessed income tax on individual income"? So up to 1,950,000jpy, at 5%, and from there to 3,300,000 at 10%, and so on? I think annuities from UK government backed private pension ...

This has brought up a few questions in my mind. I assume the taxable event will be "when the money is brought over to Japan?" I assume it will be calculated on the "exchange rate" on the transfer day? No, the taxable event is when you receive the pension and the exchange rate on...