japan

My partner and I (JP national/PR holder) have been living in a rental 2LDK at 210k/mo for 3 years. We both have permanent jobs in Tokyo, and we've been casually considering purchasing either a house or condo sometime in the next year. Initially, we were more interested in buying or building a...

Considering building a 3 story house or 5 story apartment where my family lives on the top two floors. My wife and I agreed to buy a rectangle 105m piece of land 3-4 minutes from a semi popular station 20 minutes from Nagoya station. Our land is a little closer than most the other apartments...

My previous question has been answered which was that If I'm staying in Japan for a year on a temporary visa and not working would I be considered a resident and need to pay taxes on the sale of cryptocurrency while I'm in Japan, and as far as I understand the answer is no as long as I'm...

I am a 30 year old mechanical engineer that moved to Japan as a student. I used to make 70-80k USD a year back in the US. Recently got offered a job with 4-5mil yen salary. I understand salaries are much lower in Japan and considering I only have JLPT N2 and no work experience in Japan, is this...

Hi all, I’m in the process of deciding to take a job offer in Japan (Nagoya) in the semiconductor industry. The company offered me a base salary of around 8.5M yen and a 1.5M yen bonus, bonus could turn out higher or a bit lower depending on performance. 1.5M is the default bonus. They also...

Hi everyone, I had to switch to my company DC plan this FY, and got a document where I can decide, in percentage, to which funds I want to allocate my monthly contribution to. They gave me very little time (until the end of the week )to fill out the paperwork and choose the funds I want to...

I just checked out IBKR’s Japan website today and came across this updated page https://www.interactivebrokers.co.jp/en/index.php?f=50710 There are plenty of Vanguard ETFs and iShares as well. It’s not perfect, but for me is acceptable. Edit: also looks like you can open new account again

First time I’ve ever used the online Etax to do my return. It was super easy to fill out, but when I clicked to complete the return, it said my name was too long, and I’d have to print it out, write my name in by hand, and bring it to the tax office. Is there something I’m missing? How do...

Hello, We finally received our first housing tax bills few days ago. In the envelope it explains that we're able to pay online via QR code/credit card by accessing the eL-QR website (or app?). And so far, that's what we prefer to do. Anyway, it explains that if we pay online (CC payment) we...

hi all, I need some advice from you all. We were stupid enough to open an offshore account with ITA via Japan based IFA few years back and really would like an advice on what to do. I know generally most of people here think it’s best to surrender ASAP and reinvest elsewhere but with...

Hi everyone, I've been lurking in this forum for quite a while but thought it was time to ask a few questions of my own. Of course, I am not expecting any professional advice (as according to the rules) but simply wonder what other people in similar situations might have done and/or if...

Has anyone bought an apartment to refurbish with a company such as https://www.muji.net/renovation/ ? Any ballpark cost for a 1LDK or 2LDK (Renovation cost and acquisition cost if possible)? And probably the most important question: Is it possible to include the renovation cost to the mortgage...

I have been a non-resident of Japan for some time now and have a sizable amount of cash, approximately 10 million yen, sitting in a bank account. I'm looking to move it out of the country for investment purposes. What's the best option for minimizing foreign exchange costs and fees? I read the...

Hi, for many years prior to moving to Japan I have been running a single-member LLC based in the US, taxed as a partnership with one US-based customer. My company’s bank account is based in the US in USD and I don’t remit any of that money to Japan. Since I’m on a non-permanent resident visa and...

Anyone had this experience? We’re trying to get a mortgage for a property in Niigata (currently in Saitama, will relocate). Have gone through lending assessment with multiple banks, all come back with limits nearly three times the value of the property/loan we need. Of those we’ve formally...

Case : In Japan , we will be in 33% tax slab after 9 millions Yen Salary overall . What if we request company to give 7 millions salary and 2 millions stock option. 1) Will it work like I assume to pay taxes only on 7 Millions , so will be in 23% tax slab ? 2) Do company usually agree...

I applied for this card today through a referral link but within seconds of submitting my application, I got a rejection email. I have been living in Japan for 8 years now and have been working for a stock listed manufacturing company for the past 5 years. I have the ANA SMBC wide card for 2...

I'm mostly clear on this stuff at this point, but there are a few things I'd like to clarify if possible. Regarding land values, is the NTA Rosenka site actually the gold standard? ie. if I find the plot I want on the site, can I actually multiply the listed value x square meters and thats the...

Hi, I’m a Japanese citizen with permanent residency in America. I got my re-entry permit sorted, and I am moving to Japan in 2 months, but just realized I may need to do something about my investment portfolio before I move. Right now I have the bulk of my stocks on SoFi, and some on ETrade...

Awhile back when I was asking my friends if they had a tax accountant, and what they charged, one of my friends said that his accountant takes 20% of their tax refund as their fee. I didn’t think much of it at the time, but came across this post, where everyone saying it was unethical (maybe...