So, for a bit of background: I’m American, in my 40’s, and have lived in Japan for about 13 years, but I don’t plan on dying here. My income is probably average, by Japanese standards, but I would consider myself poor when converting back to USD 🙁
I’ll be honest and admit that I only learned of the existence of things like NISA and Ideco in the last couple of years. However, my understanding is that those kinds of accounts aren’t really beneficial (and could even be detrimental) for Americans in situations similar to mine. Is that correct?
I have a brokerage account back in the US with a fair bit of cash, stocks, and some ETFs that I’ve been ignoring, for the most part. Would it be better for me to send some ¥¥¥ back to the US, now and then, and use that account to invest more actively, or figure something out here?
by Kfarstrider