RetireJapan

I’m Canadian (or simply not Japanese) living in Japan on a work visa (non PR) and I inherit a house, in Canada, from my now-deceased father. Japan insists that I report this on my Japanese taxes? The topic of inheritance, taxes due etc has been covered a number of times here. You have to check to s...

snoogly wrote: ↑Tue May 14, 2024 7:09 am Thanks, but I am going to pay by cheque.

Just curious, but why the love of cheques?

There is a distinct possibility that this form of payment will not be available for too much longer.

I had the exact same problem. With MUFJ. .. I am sounding like a broken record, but... Use banks to get your salary paid into. Use banks to set up direct debits for rent or mortgage payment or whatever. Use online brokers/securities firms for long-term investing. Do not use banks for this purpose.

I have a Monex account but never use that Vision tool. Set it up, looked at it briefly at first but then just ignored it.
The recommendations it offers are quite conservative. It is always telling me I am underweight in JP stocks and REITs, for example.

What bank/institution are your kids' regular accounts with? We made bank accounts for the kids specifically at MUFG in order to purchase the eMSAC easily, but it's not possible to purchase shares of that online... General advice is to use one of the large online brokers. They let adults set up acco...

I would treat the CC card points as nice to have, but not spend too much time or adjust your setup too much considering they all seem to be bait and switch schemes. Sound advice from Adamu. Choose Rakuten or SBI or Monex for investment. Get the card if you can to "win" extra points to use...

If there was no official agreement and no interest, Japan may see this as a gift to you and apply gift tax.

It certainly screws up plans to travel overseas.

What is this Awful PFIC rule? I'm an American who just opened a new nisa account with SBI (took forever). I purchased a bunch of the UFJ eMaxis series, but just noticed this thread about Americans being required to file lenghty and complicated PFIC tax forms. Is this something an online tax service...

Next year, I'll start drawing my pension, so I do need to reduce volatility of the portfolio as a whole. But according to Morningstar's Christine Benz, a balanced portfolio of 40:60 or 50:50 or 60:40 stocks and bonds are shown to support the highest safe withdrawal rate, so I'll definitely keep a b...