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Why & How to buy Real-Estate in Japan

Update: 10/ 2/2024

Basic information on Japan

Population: 125,284,630
Capital: Tokyo
Religion: Shintoism, Buddhism and Christianity
Currency: Japanese Yen

In Tokyo, the summers are short, warm, muggy, wet, and mostly cloudy and the winters are very cold and mostly clear. Over the course of the year, the temperature typically varies from 36°F to 87°F and is rarely below 31°F or above 93°F.
The best time of year to visit Tokyo for hot-weather activities is from late July to early September.

Areas in Japan to buy real-estate

Okinawa: Okinawa has seen a significant interest from investors looking to capitalize on its growing tourism sector and the relatively affordable property prices.
Tokyo: With over 30 million people, Tokyo has a high occupancy rates and low vacancy rates. Therefore, make sense that Tokyo has a greater number of housing options than anywhere else on the planet.
Hokkaido: Has beautiful natural landscapes and distinct seasons with pleasant climates. Especially in winter, Hokkaido's skiing resorts and hot spring resorts are very popular, attracting many tourists.

Why real estate in Japan?

1. Japan is the World's Third largest economy
2. Relatively lower property prices compared to Overseas Real Estate Markets
3. The increase in the Property/Real Estate Investment Value
4. High rental income generated by Japan Real Estate Investment
5. Chosen as number 1, for countries in the world to visit again
#1 Japan
#2 Italy
#3 Spain

6. As of 2023, Japan ranks 13th in the world for quality of life, coming 3rd in the world for quality of healthcare and 6thfor safety.
7. Japan can paradoxically be described as both traditional and modern. Especially in major cities, Japan is a technological wonderland, the land of bullet trains and hot food vending machines.
8. Japan is one of the safest countries in the world to live.
9. The transportation infrastructure in Japan is one of the most modern in the world, providing residents and visitors with fast-paced, efficient and innovative modes of transport.

The liquidity of Japanese real estate market is high relative to other major markets across Asia Pacific.
Relatively high cash-on-cash yields and stable rents are reasons for the growing presence of core and core-plus investments by foreign investors in Japan.
Tax Efficient Real Estate Investing
Japan is one of a few Asian countries where foreigners can own land on a freehold basis.

Can a foreigner purchase property in Japan?

Short answer is yes, it is possible.
A foreigner can acquire proprietary rights to Japanese real estate just like a Japanese national. In fact, the same rules and legal procedures apply to both Japanese and non-Japanese buyers.
In Japan, unlike other countries, there are no restrictions for foreigners based on whether or not they have permanent resident status, Japanese nationality, or based on their visa type.
There is no need to possess citizenship or residency to buy a house in Japan. However, buying a property in Japan will not grant the purchaser a Japan residence visa or investor visa.

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