As per my title I am looking to understand what is the best way to set up some investments for my kids (0 and 4 years old).
General background, I am a 40 years old foreigner, wife is Japanese. I have PR and this year is my 8th in Japan.
I have a long term investment plan in my country which I still fund from here monthly and I plan to move back when older (unless some really good opportunities in my field opens up in the short term).
I was studying NISA a few months back and thinking to open one account on my name and put the money for both of my kids there but I am not sure is the right product for me, in general my risk level of investment aligns well with it but the fact that I might leave the country If a better opportunity opens up stops me to proceed with it.
I was thinking to ask my wife to open it on her name and keep funding it even if we leave the country, is that even possible?
What do you think? Do you have any suggestions on alternative way to invest for the future of the kids? What are you guys doing?
Thanks All
by Hour-Independence85