Regulations

Bridging Cultures in Property: Insights for Foreign Investors in Tokyo

 

1. Introduction

This article delves into a critical case study that surfaced in the real estate sector, highlighting not only the complexities inherent in property transactions

but also underscoring the indispensable role of diligent research and ethical practices in this field.

At the heart of our discussion is a real estate transaction that unraveled into a legal and ethical quagmire, involving a buyer, a broker, and a seller.

 

This case, which led to the administrative sanction of a broker for failing to return a deposit after a deal’s cancellation,

serves as a quintessential example of the pitfalls that can occur in real estate dealings.

 

The importance of this case extends beyond the specifics of its narrative.

It sheds light on a wider issue in the real estate industry: the necessity for transparency, legal compliance, and ethical conduct.

For potential buyers, sellers, and even real estate professionals, this case underscores the crucial need for thorough research and due diligence.

 

In an industry where transactions involve significant financial and emotional investments,

the consequences of neglecting proper checks and balances can be dire.

Our exploration of this case begins by setting the scene — outlining the key events as they unfolded,

and the roles and responsibilities of the involved parties.

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Investing in Japanese Real Estate through Mortgage Property Auctions: What Foreign Investors Need to Know

Investing in Japanese Real Estate: What Foreign Investors Need to Know

Japan is a country with a rich history and culture, and its real estate market is no exception.

With its unique blend of modernity and tradition,

Japan offers a wide range of investment opportunities for foreign investors.

However, investing in Japanese real estate can be a complex process,

and it is important to understand the legal and

cultural nuances before making an investment.

As a real estate agent based in Tokyo serving foreign investors,

I have seen first-hand the potential for growth and success

in the Japanese real estate market.

In this article, I will share some key information t

hat foreign investors should know before investing in Japanese real estate.

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Investing in Japan’s Ageing Condominiums: Opportunities and Insights for Foreign Investors Amid Legal Changes

 

Investing in Japan’s Ageing Condominiums:

 

Opportunities and Insights for

 

Foreign Investors Amid Legal Changes

 

 

Are you a foreign investor interested

 

in Japan’s real estate market?

 

 

 

As a leading real estate agent for foreign investors, we’re here to provide you with the latest updates

 

and insights into the industry.

 

Today, we’re discussing the Japanese government’s proposed amendments

 

to the Condominium Ownership Act and what it could mean for you as a potential investor.

 

 

The Japanese government is considering amending the Condominium Ownership Act by the fiscal year 2024,

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Redefining Investment Strategies: Why Japan’s Real Estate Market is the Next Big Opportunity for Chinese Investors

 

Are you an investor exploring alternative

real estate investment opportunities in Asia?

 

 

The recent changes in Singapore’s property tax regulations may prompt you to look elsewhere

 

for promising investments.

 

As a Japanese real estate agent specializing in assisting foreign investors,

 

I’m here to help you navigate this changing landscape and

 

discover the potential of Japan’s real estate market.

 

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Transforming Akiya(unused house) into a Hotel?: Navigating the Legal Maze for a Successful Investment

 

Contemplating Purchasing

Akiya and Turning It into a Hotel?

Uncover the Legal Considerations

for Change of Use

 

If you’re mulling over the idea of buying an Akiya (unused house) in Japan

 

and converting it into a hotel, it’s crucial to familiarize yourself

 

with the legal considerations involved in modifying the property’s purpose.

 

In this blog post, we’ll highlight the primary aspects you need to

 

keep in mind before diving into this thrilling endeavor.

 

Stay up-to-date and optimize your investment by following our business

 

blog for more news and valuable insights.

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Digital Nomads and Investment Opportunities in Japan: A New Era Unfolds

 

Have you ever considered becoming

a digital nomad in Japan?

 

 

As the safest country in the world, Japan offers a diverse range

 

of entertainment options,

 

an unrivalled food scene and a unique blend of tradition and innovation.

 

With relatively affordable rent and a world-class healthcare system,

 

Japan is an increasingly attractive destination for digital nomads looking to

 

immerse themselves in a new culture and way of life.

 

Moreover, the Japanese government is actively encouraging

 

 

digital nomads and foreign investors

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Japan’s Skilled Worker Shortage: How the Proposed Changes to Immigration Policy Affect the Real Estate Market (Breaking News)

 

 

Will permanent residency be

given to foreign workers?

 

 

As a real estate agent in Japan targeting foreign investors,

 

it’s important to keep up-to-date on the latest changes to immigration policy.

 

On April 24th, the Japanese government proposed a significant expansion of

 

the “Specified Skilled Worker 2” residency status, which allows skilled foreign workers to work in Japan.

 

If approved, this would allow for unlimited employment of foreign workers in 12 sectors facing labor shortages.

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Navigating Withholding Obligations for Foreign Investors: A Comprehensive Guide for Buyers and Landlords

 

Tax implications: When a non-resident sells

or rents out real estate in Japan

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(Case study)

 

In Japan, taxes are levied on residents (referred to as “residents”) regardless of nationality.

 

In this case, the income subject to taxation includes not only income generated within Japan

 

but also income from around the world.

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Japanese real estate essentials: What kinds of taxes are imposed on real estate in Japan? 

Tax matters.

In fact, the most expensive item in our life is not ‘real estate’ but ‘our government’.

And the government is the tax.

So what kinds of taxes are imposed on real estate in Japan? 

Real estate-related taxis include personal income tax, corporate tax, fixed-asset tax, city planning tax, real estate acquisition tax, registration tax, stamp duty, and consumption tax 

 

Personal income tax related to real estate is the tax on individuals who gain rental income or capital gain through the sales of real estate.

Corporate tax is a tax on companies that have taxable income. Therefore, their real estate rental income and any profit from a real estate sale have an impact on their total taxable income level.

The corporate tax rate in Japan is currently about 37% (as of July 2019) so if you have a very profitable property, it is wise to hold the title under a corporate name rather than an individual name.

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Japanese Real Estate Essentials: City Planning Law for the residential districts.

The city planning law, which was created by the ministry of land, infrastructure, transport and tourism, exist to regulate urban development.

The law divides all Japan into mainly two parts; city planning area which is regulated by the city planning law and the non-city planning area which is not regulated by this law.

The law defines 12 zoning districts within urbanization promotion areas.

Of these zoning districts, three have a primary effect on real estate projects residential district, commercial districts and industrial district.

Specific regulations for each district such as allowable use, building coverage ratio and floor area ratio are defined by the building standards law.

When you buy a property in Japan, it is very important to know which district your property exists.

Because each district is highly regulated by the specifics of city planning law(and building standards law)

and such regulations always affect the neighbourhood.

The law regulates the hight, allowable use, building coverage ratio, floor area ratio, type of the business and the size of the business and so on.

For example, you can not open a restaurant in category 1 low-rise exclusive residential districts.

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