Search found 498 matches

by Deep Blue
Wed Apr 12, 2023 11:23 am
Forum: Real Estate
Topic: Buy to let mansion- tax deductions
Replies: 14
Views: 4229

Re: Buy to let mansion- tax deductions

I used Ken Corp before when I bought our house in Tokyo, I wonder if they can help out with this sort of thing. I would recommend caution in using Ken Corp. A few years back I was considering a move and had a few real estate firms give me an estimate on the value of our home which is located in the...
by Deep Blue
Sun Apr 09, 2023 11:26 pm
Forum: General
Topic: Could I afford to NOT retire in Japan?
Replies: 78
Views: 21806

Re: Could I afford to NOT retire in Japan?

Thanks - maybe worth making that a sticky post in this forum so it is easy to find. The new system does look a lot better than the old system. Hopefully the lifetime limits will be removed in time.

Are dividends tax-free in this new NISA structure?
by Deep Blue
Sun Apr 09, 2023 3:39 am
Forum: General
Topic: Could I afford to NOT retire in Japan?
Replies: 78
Views: 21806

Re: Could I afford to NOT retire in Japan?

Oh, you can have both types? I am going from this table here which to be honest isn't entirely clear.

https://investmentjapan.jp/japans-basic/3672/
by Deep Blue
Sat Apr 08, 2023 2:06 am
Forum: Real Estate
Topic: Buy to let mansion- tax deductions
Replies: 14
Views: 4229

Re: Buy to let mansion- tax deductions

I promised a 101 doc, so here it is. I'm sure others will offer opinions, suggestions, or corrections... Gratefully received... This is a simply awesome post. Thank you for going through it in so much detail. I am quite tempted by this. Does anyone know any good, trustworthy English speaking real e...
by Deep Blue
Sat Apr 08, 2023 1:34 am
Forum: General
Topic: Could I afford to NOT retire in Japan?
Replies: 78
Views: 21806

Re: Could I afford to NOT retire in Japan?

Thank you!

So basically you can pay in the maximum amount per year for 7-10 years until you hit the limit. Then you can take it all out without capital gains tax, and start again building up a new pot for 7-10 years. Seems a bit of an odd design.
by Deep Blue
Fri Apr 07, 2023 8:53 am
Forum: General
Topic: Could I afford to NOT retire in Japan?
Replies: 78
Views: 21806

Re: Could I afford to NOT retire in Japan?

So under this new scheme I can stick in 2.4 million yen a year of post-tax income into mutual funds and then it will grow, tax free until I decide to take it all out? If this is how it works than it seems like a decent plan, much improved. What's the difference between a Tsumitate NISA (1.2 million ...
by Deep Blue
Fri Jan 13, 2023 2:35 pm
Forum: Spending and Frugality
Topic: Keeping a car in Japan for 20+ years
Replies: 29
Views: 12976

Re: Keeping a car in Japan for 20+ years

These days, when a buyer has to wait months, or more likely a year, before a new car can be delivered (and at it's sticker price, with no discounts), it's no wonder that all the 'traditional' rules of thumb about decline in value and what a used car may go for are pretty much out the window. To mis...
by Deep Blue
Sat Sep 17, 2022 2:14 am
Forum: Spending and Frugality
Topic: Keeping a car in Japan for 20+ years
Replies: 29
Views: 12976

Re: Keeping a car in Japan for 20+ years

In addition to your points on displaying social status or vehicle enthusiast (neither of which apply to me) I'd add in new features/safety. Our new car is so much easier to drive and has so many new safety features I had absolutely no idea about. I am much happier about the upgrade now I've driven i...
by Deep Blue
Sat Sep 17, 2022 1:55 am
Forum: Banking
Topic: Prestia Gold
Replies: 29
Views: 5372

Re: Prestia Gold

I have Prestia Gold, for me the only worthwhile thing is no charge on domestic bank transfers. Saves a little end month. Not really found any other worthwhile benefits, but it is free to upgrade so no harm.
by Deep Blue
Mon Aug 29, 2022 10:59 am
Forum: Pension
Topic: GPIF funding status
Replies: 4
Views: 663

Re: GPIF funding status

Wow, that is a lot of information. Thank you again for finding it. The permutations they go through are too much for my little head at one sitting. I think this is the key point though NP, on the other hand, differs from EPI in that the reserve ratio continues to decline. It is clear that even if th...