Hi folks
Hope you all are well. Are there any legal issues of lets say spending 90 – 180 days per year in Japan as a visitor, and doing this so for an extended number of years while my source of income is abroad?
As a little background, I live in a region of Asia with a significantly higher disposable / post tax income than Japan, but I have visited the country on and off for work and leisure for the past decade and enjoy the quality of life *much* more than where I live now. Given I will likely need to take an 80-90% paycut to do the same role in Japan, moving over permanently is unfortunately not an option.
As I have multiple passports that each have a 90 Day visa free entry into Japan, I assume that I can quite easily spend half a year (in every calendar year) without requiring any further declarations. I also hold an APEC which in theory should extend the day count even further, as long as I declare it as business purposes.
I have a reasonably sized portfolio that coincidentally includes a large amount of Japan holdings – does this help or hinder my case in any way?
I am sure renting as a visitor is not possible am happy to buy a property upfront but am unaware of the legalities. Thus I have a few broader questions regarding the below. I speak Japanese so please feel free to refer me to Japanese material:
1. First of all are there any legal issues with this general setup? Is there an amount of days where I stay in a year in Japan such that I will need to start paying taxes?
2. What are the regulations regarding physically working in Japan, even if my work is telework and my employer is elsewhere?
3. Given the need to pay 固定資産税 + 都市計画税 does it mean I will need a bank account regardless?
4. Is it possible to rent out a property if I am away for half of the year?
5. Any other comments you may have on whether this is a good / bad / terrible idea
Thank you for your time
by Aenna