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Based on the Guide to the Taxation of Foreign Currency and my earlier question I'm trying to figure out how to minimize/eliminate the headache of calculating foreign exchange gains. Given a taxpayer in Japan who is investing in securities (stocks, ETFs, mutual funds, etc.) in a currency other...

@mary44 Doesn't currency hedge have prohibitively high fees for long-term investors?

@pam5 Let me give an example with simplified numbers. Option 1: yen gets weaker Option 1.1: USD denominated fund Start with 150,000 yen, convert it to $1,000 today (using 150 yen per dollar exchange rate for simplicity) Buy 10 VT funds (using a $100 price for simplicity) After 5 years we sell...

@pam5 If you expect the exchange rate to move significantly, it is actually better to hold eMaxis (or other yen denominated) funds as they allow currency gains/losses and capital gains/losses to cancel each other out for tax purposes, and also make currency gains get taxed at capital gains...

There are many threads here about mortgages in less than ideal situations (non-PR, inaka houses, income coming from abroad etc.), but how should one go about choosing a bank for mortgage when the situation is seemingly ideal? Let's say someone has PR and/or Japanese spouse have been in Japan...