Hi everyone. My husband and I are preparing to purchase an used mansion in Tokyo. We'd be taking out a 住宅ローン however as I am PR and my husband is currently on spousal visa, we decided to apply for the loan just under my name.
To prepare for the deposit and expenses related to the purchase my husband just wired me his half of the money. However we realized that the wire itself is larger than the annual gift tax threshold between spouses, so naturally there is a small apprehension on whether it would incur gift tax at 年末調整.
My interpretation is that since the house would be considered communical property, the wire from my husband would simply be living expenses and should not trigger any gift tax. However if anyone has any experience with this we would really appreciate your insights.
Thank you very much in advance.
by Zeleia