Inquiries & Consultations

Q. What taxes are incurred when purchasing real estate in Japan?

A. Real estate acquisition tax (3–8%), stamp duty, registration and license tax, and fixed asset tax apply. Tax rates vary depending on the property and the buyer's circumstances. Please feel free to consult with us.

Q. What conditions must foreigners meet to obtain a housing loan in Japan?

A. Foreign nationals applying for a housing loan at a Japanese financial institution must meet several conditions: · Hold a permanent residency permit · If without permanent residency, have a spouse who is a Japanese national or permanent resident act as a joint guarantor In addition, the same general conditions as for Japanese nationals apply: · Age 20–65 at time of application, with full repayment before age 80 · Ability to enroll in group credit life insurance · Continuous employment of 2+ years, with a previous year's gross annual income of ¥3 million or more as a full-time or contract employee

Q. Are there any legal restrictions on real estate purchases by foreigners?

A. There are no legal restrictions on the acquisition of real estate by foreign nationals. The process is the same as for Japanese buyers.