Monthly Archives: November 2018

Can foreigners buy a property in Japan ? : Fundamental rules when acquiring a property

Interested in buying a property in Japan where the country risk is lowest in the world ?
Japan is a rare Asian country insofar as it allows foreigners to buy a property. Foreigners can buy both land and building without special qualification. When it comes to buying a property here, Japan has very few restrictions than the Western countries.

Ownership rights to land and building in Japan by a foreigner is also permitted just like Japanese citizens.

When a registrar has made a registration of ownership with respect to a real property with Legal Affairs Bureau, he/she shall can officially claim the title deeds of the property. However, there are restrictions on agricultural land (farmland). You need to get prior permission from a local agriculture committee (nogyo-iinkai) or governor when you buy the farmland. At least one corporate manager (one member of new owner) has to engage in full-time farming. In other words, if you want to buy farmland, you must become a farmer. The

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5-storey residential building in Nagoya city for sale: Rare opportunity to buy a property in central Nagoya

 

(Nagoya station, Meitetsu line)

Just a snap entry about a property in Nagoya.

It is a VERY good opportunity for someone looking for a good investment in Nagoya area.

The yield is very high and it comes with the awesome financing.

5-storey residential building in Nagoya city

Location : Minami-ku, Nagoya city, Aichi prefecture
10 min walk to the nearest station(Meitetsu line)
and it is only 11 mins to 
Nagoya station. Excellent location.
Gross yield (return) before the cost : 9.5 % basis 100% occupied

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Controversial Japanese Government’s new immigration policy: PM Abe uses the acute labor shortage to push for relaxing the immigration law

(A view from Japanese kominka house, folk house)

Japan is facing the serious shortage of workforce and ageing problem.
How should this country cope with a serious population decline and sustain the vitality of its society and economy?
According to Yomiuri shimbun, the overall shortage is estimated to be 580,000 at present, and was projected to reach 1.45 million five years from now. After subtracting from these figures increases in the number of elderly and women workers and the like, a maximum of 47,000 foreign workers will be accepted in the fiscal year when the planned revisions of the immigration control law take effect, and up to 345,000 over the five years from the revisions.
The government and the ruling camp, led by the Liberal Democratic Party(LDP), will now shift their focus to a key bill to revise the immigration control law and create new residence status in order to allow Japan to accept more foreign workers.Time employed under new visas won’t count toward working period requirement for permanent residency.
The Justice Ministry does not intend to count time spent employed under one of two new visas set to be introduced spring 2018 when checking whether those who apply for permanent residency status meet requirements.One of the prerequisites for permanent residency in Japan is having five years of work experience in the country. But according to the sources, those working under the new proposed visa status — which will be available to individuals with considerable knowledge or experience in areas where human resources are lacking in the nation – will not be able to cite time spent under this status as working time when they apply for permanent residency.
The new visa, along with another type intended for individuals with more seasoned skills in areas similar to those under the first type, is aimed at making up for labor shortages in certain job categories, and will open the door to more foreign blue-collar workers.
In the meantime, the ministry is still considering how to handle time spent working in Japan under the second type of visa.

(Hakuba, Nagano prefecture)

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Discover restful and super-affordable properties in Chiba Boso peninsula: Within easy reach from Tokyo

(Boso peninsula)

* Foreigners can buy a property in Japan without having special qualification.

Explore the charming houses by the lovable ocean and beach
New listings in Boso peninsula, Chiba prefecture!
If you live in Tokyo and want to buy a second house near the ocean and beach,  I always recommend Boso peninsula (Kamogawa city, Katsuura city, Minamiboso city, Tateyama city etc). The location is excellent and it takes only 1.5 hours from central Tokyo by car.
You can drive on a highway all through to Kamogawa city from Tokyo and there is no traffic. If you don’t want to drive and rather want to indulge in drinking a beer on the way, there is very comfortable express bus service from Tokyo station. The seafoods and vegetables are nice and fresh (In fact, Chiba prefecture is a major supplier of seafood and vegetables to Tokyo Metropolitan kitchens so nice foods you are eating in Tokyo are often produce of Chiba).  Izu peninsula area in Shizuoka prefecture is also very famous for nice beaches and onsen (hot springs) but Izu’s location is not perfect. It takes about 3.5 hours by car to Izu Shirahama beach from Tokyo. In the modern busy life, proximity matters.
In Boso peninsula, they have great surf in the pacific ocean and the quality of sea water is superb.  (Believe me you can’t imagine how good the quality of water is in Kamogawa city  which is merely 1.5 hours away from Tokyo). In 2020, Tokyo Olympics surfing competition will be held in Katsuura city. According to one of my surfer friends, Boso peninsula is the best surfing spot in Japan.
Today I picked up two interesting properties in Boso Peninsula, Chiba prefecture.


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