narrowisthepath
New member
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 wiki at https://japanfinance.github.io/handling/transfers/, and the fees mentioned there seem prohibitively expensive. I wonder if converting to USD through purchasing a USD ETF and then transferring to a US account (similar to Norbert's Gambit) could be a feasible solution. Is that possible?