Non US resident with long term visa. I intend to commence business next month as sole proprietor. I will only have 1 foreign client (software development for a company located in the US with no ties to Japan). I’m thinking to bill monthly said company in USD and receive USD in a personal bank account not located in Japan. Is this ok? Or does the bank account have to be at a Japanese bank? I am planning to forward some of the money to another personal bank account in Japan and the rest to a foreign broker. Of course I intend to declare the full amount paid by the US company once I file taxes.
by unfulvio