When the yen was stronger, I’d transfer it to the US and invest through a brokerage based in the US. Now, I’m not so keen on exchanging yen for dollars so I’m looking for options. If I create an account with a brokerage company here that invests in US stocks (to avoid the PFIC headache on taxes) I’m still basically using yen to buy things in dollars, right?
What have you found that works well for Americans investing with yen from Japan? Or, have you found that it’s worth the hassle with the IRS?
Thanks for any advice you have.