RetireJapan

The THEO changes seem to have been implemented. Basically 10,000 minimum to open account, and the new 'leave it to THEO' portfolio setting.

I just talked to my wife's accountant, and he told me as long as the assets are in a 特定口座 (tax reporting account) then all the taxes are done for you and you don't owe anything extra, regardless of the amount of dividend or capital gains received. Now, if you want to get fancy and write off losses, ...

Edit : I feel like I can't open a NISA account because I started living in Japan in October 2014...　I have to wait until January 2018 that the 2nd period begins. Kiyora, did you ask the provider about that point? I just found this on the Monex website, it seems to suggest that you just need to be l...

Hi Jason

For iDeCo you need to be paying into the national pension scheme (kokumin nenkin or kosei nenkin), or be a dependent spouse of someone paying kosei nenkin.

For NISA you just need to be a resident over the age of 20.

Hi Jason Good question. Happily it should be relatively straightforward for you to accomplish what you want to do. You can open an account with SBI Securities (https://www.sbisec.co.jp/ETGate). I think they might be the best option at the moment in terms of low fees and wide range of products. Alter...

Hi Sean NISA is quite relaxed. It works off a yearly allowance of 1.2m from Jan 1 to Dec 31 (but be careful cutting it too fine at the end of the year!). You can buy things at any time within that calendar year using that year's allowance. You can sell at any time but then the investments come out o...

Thanks Kiyora

It might be worth going over old posts and seeing which ones are good enough to bring over (with informative comments too).

A big job but would make the site more useful perhaps...

Kiyora999 wrote: ↑Thu Aug 17, 2017 8:32 am Edit : I feel like I can't open a NISA account because I started living in Japan in October 2014...　I have to wait until January 2018 that the 2nd period begins.

Wow, I hadn't noticed that! Interesting. At least you don't have to wait too long, eh?

I have an idiot's question to ask, vaguely connected to this thread. Do I need to re-apply for or somehow trigger each year's NISA account or does it start automatically? I've been assuming the latter, but everybody knows what's assumptions lead to, especially in Japan! I just got my next year's al...

Just read the latest THEO newsletter. Seems like there will be two big changes next week: 1. minimum investment will come down to 10,000 yen (from 100,000) 2. they will start a new mode called 'leave it to THEO' Basically unless you choose your own settings, they will run your portfolio based on you...