u/Large_Construction82

Hi all,

I’m a Japanese permanent resident who has been living and working in the U.S. for the past few years on an F-1/OPT. Since 2020, I’ve not been officially residing in Japan. During that time, I removed my jūminhyō and my understanding is that I have been a non-resident for Japan tax purposes. My number is most likely expired as well and I will have to renew it when I move back.

I’m planning to move back to Japan soon and want to transfer around couple hundred thousand dollars of savings (earned in the U.S.) to my Japanese bank account.

I had a few questions:

1.	Will transferring this money trigger any taxes in Japan, assuming it’s savings from prior years? What documentation should I prepare from my end?

2.	If I become a tax resident again after moving back to Japan for work, does the timing of the transfer matter?

3.	Has anyone transferred a similar amount to a Japanese bank such as SMBC. Did they ask for documentation (source of funds, etc.)?

4.	Any recommendations on best way to transfer (wire vs Wise, etc.) from a cost and compliance perspective?

Would appreciate any insights or experiences.