Hi all,
I have family relocating from the US to Japan hopefully in the near future. Working out the visa with immigration lawyer and accommodations details now, but looking for advice on transferring money to Japan. They plan to keep their bank account in the US (they’re retired, and will be receiving pension and SS).
I haven’t used Wise myself, but I see it recommended here by almost everyone, so I figure steps would be:
* – After moving, get all the paperwork complete at city hall (my number card, resident card, etc)
* – Set up a local bank account (I see Sony bank recommended quite a bit here for english support and ease of use, is that still the case?)
* – Set up a Wise account and use it to transfer funds from the US bank account to the new JP bank account on maybe a quarterly basis (plan to keep bulk of funds in the US since interest rate and 401k fund plans are better)
Does that sound about right? Are there folks here who might have already gone through this and would be able to offer some tips/advice related to this entire process (relocating family to Japan)?
Thanks in advance!
by kopinewbie