Search found 5 matches

by SML
Wed Nov 22, 2023 2:07 pm
Forum: Real Estate
Topic: Should I buy now or later?
Replies: 6
Views: 1792

Re: Should I buy now or later?

1. PR If you pay 93k/month and that’s 7% of your income (and all is taxed properly in Japan), then thats 15m JPY/year, you can apply for PR right away I think what JohKun is referring to here is applying via the Highly Skilled Professional scheme, where you need to have had 70 points for the last 3...
by SML
Sun Nov 19, 2023 3:38 am
Forum: Real Estate
Topic: Should I buy now or later?
Replies: 6
Views: 1792

Re: Should I buy now or later?

Do you have a family? What % of your income is your rent? I'd probably keep renting if I was single. More flexibility. Single and no family. My current rent is about 7% of my total income but since I do freelance it can be up to 30% What do you mean by more flexibility? I defs want to stay in my lo...
by SML
Sat Nov 18, 2023 10:09 am
Forum: Real Estate
Topic: Should I buy now or later?
Replies: 6
Views: 1792

Should I buy now or later?

I'm in my 6th year in Japan and recently been advised I still got 4 years until PR, so I decided to start my research now because I have no experience in real estate. My whole 6 years I've been living in the same apartment because I find it to actually be my dream location and been reluctant to chan...
by SML
Sat Nov 18, 2023 9:48 am
Forum: iDeCo
Topic: Planning to stay long-term but not retire here
Replies: 6
Views: 1749

Re: Planning to stay long-term but not retire here

Thanks a lot for writing up a detailed explanation and also for sharing your experiences and decisions. It looks like overall it is a good way to save on getting taxed too much :lol:
by SML
Thu Nov 16, 2023 6:27 am
Forum: iDeCo
Topic: Planning to stay long-term but not retire here
Replies: 6
Views: 1749

Planning to stay long-term but not retire here

I was looking at setting up an iDeco mainly so I can have the tax breaks on my income tax, but I heard it’s really recommended for people who want to retire in Japan. I still plan to live in Japan long term but maybe 20 years at most (in my 40s), and better retire back in my home country. Is it bett...