Context: 30m from Singapore who moved to Japan under a spouse visa. I created an IBKR account 5 years ago before I moved here, and have been funding with Singaporean dollars. Recently moved to Japan. Singapore has no tax on capital gains, and I have not sold any of my stocks ever since I moved.
After reading the posts on this subreddit, I understand that if I were to sell my stocks and realized the gains/loss. I would be subjected to tax. As I’m still holding the stocks in my account, do I still need to pay any taxes?
From my understanding, if I continue funding the account with Singapore Dollars, and buying additional stocks, is my understanding correct that no tax will be imposed?
Eventually, if I were to fund the account with JPY, use ibkr to convert to USD, would I need to pay tax then?
I’m mainly buying US equities and investing in Irish domiciled ETFs using IBKR. Would IBKR still be the best option to use?
by GabrielXCrescendo