Leaving Japan with permanent residency status and a fair chunk of yen. A few questions.

For those that know more than I.

Basically, all of my savings are in yen (perhaps unfortunately). I plan on going to my home country for a couple of months, and then move to another country.

A few questions (if you could answer any I’d greatly appreciate it).

1. Would you recommend transferring it all to my home currency back home (in Canada)? Do you think it’s worth keeping some (or most) of it in yen, or is there no indication that things will improve? I’m guessing no one knows for sure, but it feels like a bit of a bummer converted everything now when the yen is quite low.
2. Is there an easy way to keep some of it in yen? I do have a Wise account (though also realize that there is a million yen limit).
3. I have a Shinsei account, as well as a Rakuten savings account (VISA). I feel that Shinsei only checks up on me when it’s time to renew my residence card (though I just got PR in February). With Rakuten, I feel as though they don’t check up on things at all. Wondering if it might be worth keeping these open, and keep some yen in either (or both) of these accounts – although with Shinsei, I do not think I could do anything with the money while overseas (unless I’m wrong?)

EDIT: I should also mention that there is a chance in me coming back – not a definite thing though.

Thanks.

by sbring

Leave a Reply
You May Also Like