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The PFIC Trap: Why US Residents Should Think Twice Before Buying Japanese Funds

The PFIC Trap: Why US Residents Should Think Twice Before Buying Japanese Funds - featured image

By Dako Our portfolio is boring on purpose. US-listed ETFs, a handful of individual US stocks, and almost nothing else. No NISA. No Japanese funds. That looks strange for a half-Japanese household, and the reason sounds paranoid until I walk…

  • Dako
  • 2026年8月3日
  • Exit Tax & Green Card

Am I a “Covered Expatriate”? The Exit Tax Test Explained

Am I a Covered Expatriate? The Exit Tax Test Explained - Two Countries, One Plan

If you hold a green card and think you might leave the US someday, there’s a phrase you need to meet long before any moving trucks show up: covered expatriate. The covered expatriate rules decide whether giving up a green…

  • Dako
  • 2026年7月30日
  • Our FIRE Journey

Two Countries, One Plan: Why We Haven’t Decided Where Home Will Be After FIRE

Why We Haven't Decided Where Home Will Be After FIRE - Two Countries, One Plan

We are a Japanese-American couple living between the US and Japan in the way a lot of cross-border families do: our bodies are in America, and a second life keeps running quietly in the background. One of us grew up…

  • Dako
  • 2026年7月27日
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