FAQ

Yes they can. They don’t need a visa or PR to buy a property in Japan There is no legal restriction that they have the same right as Japanese people and can buy/sell, own and inherit properties in Japan. However, it is very difficult to get a loan so cash buying is common.

In order to get a loan in Japan, you will need to provide the Japanese income certificate that many cases you cannot get a loan. You will need to buy properties cash.

Unfortunately no. While foreigners are free to purchase property, it's important to note that even if the purchase is for residential or investment purposes, it does not automatically grant the right to get a visa.

In Japan, foreigners, regardless of their nationality, residence status, or whether they have permanent residency, can acquire and register ownership of real estate (land and buildings) in exactly the same way as Japanese citizens, and are free to buy, sell, and inherit such properties. In principle, there are no legal restrictions on purchases, however, if you reside overseas, you may need to request assistance with the procedures, and for some properties, you may be required to report to the Minister of Finance within 20 days of acquisition.

Farmland can be purchased by individuals if they obtain permission based on the Farmland Act (mainly the Agricultural Commission), but in general it is limited to farmers. When non-farmers purchase, a plan for "new farming" is required, and harmony with the community and efficient use are required. However, if you convert farmland into housing land, you can purchase it by applying for permission.

When purchasing real estate, additional “miscellaneous costs” of around 10% of the property price are typically required. The main components include brokerage fees, registration and license tax, fire insurance premiums, stamp duty, real estate acquisition tax, property tax and city planning taxes, and various escrow service fees. Many of these are paid in cash at the time of contract signing and handover.

A passport is required as identification. Another required document is an affidavit. For transferring funds, we ask all of our clients to send it to our local bank account in Japan via Wise. Please prepare setting up Wise in advance.