The Cheapest Way to Send Money Abroad From Japan
ens of thousands of people send money overseas from Japan every day. Unfortunately, many of them are likely overpaying for the service. Historically Go Lloyds was one of the best low cost remittance services aimed at foreign residents for sending money abroad from Japan but since the acquisition of the Lloyds TSB service by Shinsei Bank there may be better […]
Comparing NISA and iDeCo accounts in Japan?
Making the most out of retirement requires careful planning, investment, and saving during your working career. Depending solely on basic government pension programs, such as the National Pension in Japan, can lead to a less than ideal retirement. Fortunately, Japan has several tax-privileged investment accounts that can help grow wealth more efficiently and help you […]
Inheritance Tax On Foreign Residents Of Japan
he Inheritance tax laws vary from country to country, and spending significant time overseas can complicate this by exposing you to multiple jurisdictions. This is further compounded by the fact that inheritance tax laws, relative to other tax systems, tend to change more frequently, requiring you to constantly stay on top of things. To understand one reason as to why […]
The Cost of University in Japan
Raising children in a foreign country comes with challenges. Japan can offer some benefits to parents that other countries may not have, but it also comes with some drawbacks. Among these are the country’s increasing higher education costs. By planning ahead you can be better prepared for the costs of university and college fees. But […]
The Cost Of Not Having Life Insurance
For much of our lives, it is something we fail to even consider. But then sometimes even overnight we experience just one event that changes our perspective completely. The birth of a child, the wake-up call of close friend’s death, or perhaps even a more personal close encounter with life-threatening illness or accident; these are […]
Retire In Japan: How To Guide
apan is known for its vast history, beautiful scenery, delicious food and rich culture. Home to over 126 million inhabitants, Japan is comprised of over 80% mountains and beautiful, mild temperatures. The country is one of the most intensely researched destinations for people looking to retire overseas. International investors, retirees, and foreign workers already living […]
Digital Inheritance: Protect Your Digital Assets When You’re Gone
e live in a digital world. In 2019, 34% of people preferred mobile banking and 22.8% preferred online banking to access their accounts, according to the FDIC. International investment accounts make it easy to start investing from the comfort of your sofa. Modern investment accounts are digital and accessible 24/7, but what happens to our […]
Do You Have To Pay Tax When You Send Money To Yourself In Japan
For many, Japan is a country full of professional opportunities. However, it also presents a unique and sometimes convoluted tax landscape. Residents of Japan already face high tax rates on income, gifts, and other wealth transfers, but what happens on money transfers to yourself in Japan from one of your own accounts overseas? Are transfers […]
What types of life insurance are best for foreigners in Japan?
ife insurance is important. International residents of Japan, especially those with dependents, should consider life insurance. If a household’s breadwinner dies, life insurance can substitute lost income, and help pay any accrued medical expenses or debts.Life insurance functions like other types of insurance. The policyholder pays a premium, typically monthly. If they die, their family […]
How to Get a Second Passport
itizenship in one’s native country is a thing that most people take for granted. Not so for expatriates or those who wish to live and work in a foreign country, often permanently. These people are more aware of the benefits of citizenship and the difficulties of non-citizen residency. In these and other similar cases, it […]
