RetireJapan

Yes this would be perfect, and I did something similar when I lived in the UK, but unfortunately I don't think any of the Japanese budget brokers offer European markets. I don't know why, maybe not enough demand? SBI only has US and Asian ones. You can use a traditional broker but then the transact...

Hi, Great thread and analysis! Very interesting as minimising costs is one of the few certain ways to improve returns. Have you thought about non-US ETFs? In particular Ireland/Luxembourg domiciled ETFs are often recommended by bogleheads forum (https://www.bogleheads.org/forum/viewtopic.php?t=15338...

Yes, IBLLC is the US company (Interactive Brokers Limited Liability Company), IBSJ is the Japanese one (Interactive Brokers Securities Japan). More info here:

https://www.interactivebrokers.co.jp/inv/en/main.php

I should just add that you can hold JPY cash and JPY denominated assests at IBLLC if you want to, just nothing traded on JP exchanges while you're JP resident. FWIW that's what I do - NISA at JP broker, and IBLLC account with mix of JPY/USD/GBP cash and assets. I did open an IBSJ account but closed ...

I'm wondering what are disadvantages of using IBLLC and IBSJ vs. Japanese brokers, especially for non-US citizens? I guess IBLLC doesn't provide access to NISA, iDeco and Japanese funds, all funds are USD denominated, dividends are taxed, and probably one would need to fill in US tax forms, even if...

Hi, I've been considering the same thing... is it better to invest in funds that don't pay out dividends and instead reinvest them internally? Specifically while living in Japan, as the pros/cons are entirely due to taxation - with no tax there would be no difference. During the accumulation phase i...

I looked into this, specifically to avoid having to sell everything and pay capital gains if leaving Japan. All the Japan based brokers I checked would close your account on leaving and wouldn't transfer assets to an overseas broker, with the exception of Interactive Brokers Japan (IBSJ). I contacte...