Re: renewing spouse visa...hmmm did I forget anything?
Ryan Ginstrom wrote:
> "CL" <flothru@yahoo.com> wrote in message news:d5574t$t3m$1@nnrp.gol.com...
>
>>You're right about permanent residence, as far as you take it. However,
>>if you have income in countries other than Japan, what things are
>>"taxable overseas income" and what isn't changes when the visa changes
>>... as in the host nationals get their hands even deeper into your
>>pocket than they had it after you'd been here for five years. And, when
>>you leave, you still have to pay the locals their "fair share" for a
>>year afterward (not just the one-year lag time on income tax, but a
>>year's worth of income earned after you leave) unless you re-enter the
>>country for any reason during that year, then they re-set the one year
>>clock again.
>
> Could point me to the statute that says this?
If I coulda', I woulda'. An accountant (US + JP CPA) found it for me
and made a recommendation that I chose to follow. Whether it is an
accounting rule, tax law, or immigration law, I don't know for sure.
I know what preconditions I had to meet in order for it to work for me:
- All of my savings that had been accumulated before I moved here went
into a personal trust that doesn't begin to pay dividends back until I
turn sixty when I moved to Japan. I had to prove to the Japanese tax
authorities that all of the interest and profit from the investment of
that trust belongs to the trust and not to me. I am advised that, if I
become a permanent resident, Japan does not recognize personal trusts of
the sort I have and would do a "taxes, penalty, and interest" dance
which they can't now as it is _assumed_ by my actions that I eventually
intend to leave.
- I also had to attest that all of the bills I send out all over the
world for the work I do while I am a resident of Japan are paid to me in
Japan -- even when I work overseas and come back.
- and sign a bunch of other forms I can't recall off the top of my head.
I e-mailed the accountant who recommended this to me to ask what he was
quoting from ... but it's Golden Week ...
CL
Fnews-brouse 1.9(20180406) -- by Mizuno, MWE <mwe@ccsf.jp>
GnuPG Key ID = ECC8A735
GnuPG Key fingerprint = 9BE6 B9E9 55A5 A499 CD51 946E 9BDC 7870 ECC8 A735