Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [japan]

to be used for any question within the geographical region of Japan

50 questions
32
votes
4 answers

We don't own the land so is our house nearly worthless?

We live in Japan in an urban environment- lots of big apartment building around. The house is post-war house that extended and has an antiquated arrangement whereby a rich person owns the land and we have an informal agreement so we don't pay…
user2617804
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2 answers

Why does the Nikkei 225 appear to be such a bad long-term investment?

For most well-developed countries, indexes of their stock markets tend to grow in the very long term. For example, look up a long-term graph of the FTSE100 or the S&P500. For Japan's Nikkei 225, this does not appear to be the case. A simple…
J. Mini
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19
votes
6 answers

Is Saikyo Sakura Assets Holding a legit company?

Today I got a cold call from an alleged representative of Saikyo Sakura Assets offering me a trading opportunity. At first I was very skeptical as this raised several red flags, but I am also interested in the opportunity. Now I want to find out if…
user93313
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10
votes
2 answers

Can Japanese banks receive payments via IBAN?

Can Japanese banks receive payments from outside Japan via IBAN? For instance, Japan Post Bank does not accept IBAN, so sending money to a Japan Post Bank account is very complicated. Is there no Japanese bank that accepts payments via IBAN?
Nicolas Raoul
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8
votes
8 answers

Best way to buy Japanese yen for travel?

Going to Japan in about a week, and I'm looking for ways to buy Japanese yen. In Australia, it's pretty nuts. If you exchange money from them, they'll charge you 5-6% above the mid rate of the currency If you take it from an ATM whilst you're…
Joe.E
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6
votes
4 answers

What to do with your savings in Japan

In Japan, most banks offer very low (less than 0.02%) interest rates for saving accounts. Is there any better way to save money in Japan than theses saving accounts Should be relatively liquid Preferably be labelled in Yen to preserve from exchange…
Antzi
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6
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4 answers

Where to save for retirement

TLDR: Given the option to save for retirement in Europe, USA or Japan where is the ideal place to save up money and why? So I'm somewhat of a global citizen who has been moving around the world quite a bit. I've been extremely interested in…
MSB
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4
votes
2 answers

How to invest in stocks / Mutual funds in Japan?

Being a foreign national, I've been living in Japan for more than 5 years. I'm very interested in learning about stocks investing and want to start investing in Japan but how I don't how to invest here, what is the tax rate for capital gains…
RajSharma
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4
votes
2 answers

Why did Japan's currency value increase after the tsunami?

Why is it that Japan's currency went up after the tsunami? Dollars to Yen After March 11th, the dollar to yen ratio drops until the 16th. What causes the value of currency to rise as the stock prices plummeted?
dting
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4
votes
1 answer

As someone living in Portugal, how would I buy a stock listed on a Japanese exchange?

I want to support a gaming company (Square Enix) by buying their stock. From what I've seen, my bank only uses major European and international stock exchanges, and from my searches, Square Enix Holdings is listed on the Tokyo Stock Exchange (TYO).…
GriffinHeart
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4
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0 answers

Working remotely for a Japanese company as a non-resident outside Japan

As the title suggests, I am currently performing remote work as an intern for a Japanese company. I am non-Japanese nationality residing outside of Japan. Am I subject to the flat non-resident tax of 20.42% ? Would I then also have to pay income…
iamlorkkurdleak
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3
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1 answer

Do I need to file Form 3520 if I receive over 100k living expenses from parents overseas?

Context: My parents overseas (Japan) sent me a little over $100,000 to cover an expensive tuition payment and moderate living expenses in 2014. They are not US residents, Green card holders or citizens. They did not remit the tuition payment…
docdote
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3
votes
2 answers

are there any special procedures for managing non-petty cash?

We need to pay for a lot of purchase by Cash On Delivery here in Japan. Are there any special procedures I should use to manage this cash account? I've read many articles on Petty Cash management but they all emphasis the fact that Petty cash is for…
ChatGPT
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3
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1 answer

US Citizen working in Japan for a Japanese company, and also remotely for a US company. What's my tax situation?

I've searched a few queries, but didn't find many people in a situation quite matching mine. Starting in October, I will work full-time for a company in Japan, and I will also put in some part-time remote work for a small company in the US (my…
Nick O.
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3
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1 answer

Do I need to pay UK VAT for an online service paid for with a UK credit card when I'm resident elsewhere?

I want to pay for a VPN service with my UK credit card but I've recently moved to Japan. On the form I can select Japan or the UK but Japan won't charge a sales tax so it's obviously a better deal that way. I would be the primary user of the VPN but…
ian
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