As an American, I would like to take advantage of the new NISA system. I realize this is challenging. From my understanding, however, buying the MUFG eMAXIS Slim every month would not trigger the PFIC rules. In addition, there seems to be a loophole for paying yearly US taxes if the investment is used for retirement purposes. My question is: Do you think this is an acceptable strategy for retirement investment purposes? I also would not like to put all my eggs in one ETF basket. I’m not sure if there are other Japan domiciled ETFs (I’m hesitant to choose individual stocks) suitable for Americans. Any other suggestions would be helpful.
by enriquepallazo
