Hi everyone,
I’m moving to Japan for my PhD studies, While my main goal is my studies, I’m also open to the possibility of staying long-term if things go well.
I have a question about cryptocurrencies. I’ll be bringing some crypto with me from my home country.
* **Do I need to declare my crypto at customs upon arrival?**
* **Can I use crypto exchanges in Japan to convert my holdings to yen for living expenses? Do I need need some permission to be able to complete KYC procedures?**
* **Regarding taxes: Since I purchased the crypto outside of Japan, how do I handle the initial purchase price for tax purposes?**
* **Are there any taxes on bringing crypto into Japan? Is there a limit on the amount of cash (USD or other fiat currency) I can bring without declaring it?**
Any insights would be greatly appreciated!
by sasankhatibi