I am 33M from Peru, Spanish speaking. Wife Is Japanese citizen 30F. No kids. We both live in Canada. I’ve been in Canada most of my life, wife came on student visitor visa 5 years ago. We met, hit it off. Got married in Japan and in Canada. She’s now PR in Canada. We go back to Japan to visit her family one or twice per year.
The idea is growing more and more of a potential move to Japan, life in Canada is getting harder and cost of living is not worth for what you get in return, specially living in Vancouver, BC.
I’m pretty settled here but moving doesn’t scare me but I want to be financially prepared to do so.
Which begs the question. Her family is from Yao, Osaka. All her family if fairly close to each other which will put pressure onto us to also live close which I don’t mind as I don’t speak any Japanese and will need all help I could get.
what would be a reasonable next egg needed to make the move and not have to work there, instead we would open up small business.
Current net worth:
750k CAD – stocks (Mostly XEQT)
Apartment 1 – 150k equity
Apartment 2 – 300k equity
House 1 – 500k equity
My idea is to wait another 5 years. Grow the stock portfolio, at 8% returns savings rate 60k per year.
Should be sitting at 1.5m, live in Japan of the interest.
How feasible is this plan? In 5 years time we would probably have a small 2-3 years old kid.
by AdSad1846