Hey redditors, hope you are starting GW from this weekend!
Would like to see if anyone has any good methods to bring money back into Japan without incurring some weird tax issues.
Background: Ive been working in Japan for 2 years now so a non-permanent resident taxpayer. My parents needed some money earlier this year so I transferred about 2M yen in 500k lots from Shinsei to Wise, converted (not USD) and sent to their bank. They can pay me back now and with a weaker yen I want to hold yen. However I cant hold 2M in wise as a resident in Japan and Im concerned that if I transfer from wise to Shinsei itll be flagged as foreign income or something and ill need to pay taxes on returning money I already paid income taxes.
So am I wrong/nuts about the tax issue or are there are tax issues with returning that money to my Shinsei account? If there are issues how would you recommend solving it?
Edit: FYI I earn some income from stocks and renting my place back home
by Sharp-Sherbet9195