Tax implications: When a non-resident sells
or rents out real estate in Japan
OLYMPUS DIGITAL CAMERA
(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.
Will Real Estate Prices Really Decline Long-term in Japan?
Based on the following four points, we will explore this issue.
In conclusion, while it is unclear what the long-term trend of real estate prices in Japan
as a whole will be, we can conclude that real estate prices in rural areas are likely to decline.
The relationship between population decline
and real estate prices In Japan
The population is declining, which is a contributing factor to falling real estate prices.
In particular, the decrease in population in rural areas is significant,
and it is expected that real estate prices will decline as demand decreases.
Discovering Lucrative Opportunities in Japanese Real Estate
for High-Net-Worth Investors
Introduction:
Japan has long been an attractive destination for high-net-worth individuals
who appreciate its rich culture, modern cities, and stunning landscapes.
As the yen continues to depreciate and real estate prices remain relatively low compared to other global cities,
now is the perfect time for investors with a net worth of 1-2 million
US dollars to explore opportunities in the Japanese property market.
Prime Locations:
While Tokyo is the most popular choice for foreign investors,
other metropolitan areas such as Osaka and Nagoya also offer attractive investment prospects.
For those interested in resort properties, Hokkaido and Okinawa are becoming increasingly popular choices.
Example Properties in Tokyo:
Minato-ku, Tokyo: A luxurious 2-bedroom apartment in the upscale Minato-ku district offers
investors a taste of cosmopolitan living. With a price tag of around $1 million,
the apartment offers a potential rental yield of 4-5%.
Shibuya-ku, Tokyo: A modern one-bedroom apartment in the vibrant Shibuya-ku area offers
a more affordable investment option at around $500,000.
The potential rental yield for this property is approximately 3-4%.
“Revitalizing Shinjuku:
The Spectacular Launch of
Tokyu Kabukicho Tower’s
Entertainment Wonderland”
Tokyu Kabukicho Tower, the latest colossal entertainment complex
located in the heart of Tokyo’s bustling Shinjuku district,
celebrated its grand opening on April 14th with a ribbon-cutting ceremony.
The state-of-the-art complex boasts a total of 48 above-ground and five underground floors,
reaching a staggering height of approximately 225 meters.
The tower is a symbol of modern luxury, offering guests an array of exceptional facilities,
including the lavish BELLUSTAR TOKYO Hotel, the contemporary HOTEL GROOVE SHINJUKU,
the captivating THEATER MILANO-Za, the premium 109 Cinemas Shinjuku,
and the vibrant live hall, Zepp Shinjuku (TOKYO). In addition to these core offerings,
the complex provides an extensive selection of dining options,
amusement experiences, and thrilling attractions.
Tokyo Metropolitan Area Housing Prices Rise for 11 Consecutive Quarters
Nomura Real Estate Solutions Co., Ltd. announced the results of its
“Housing Price Trends” survey for the Tokyo metropolitan area as of April 1, 2023, on April 6.
The fixed-point survey is conducted quarterly, with 169 survey points.
The average rate of change for the first quarter of 2023 in the Tokyo metropolitan area
housing prices was 0.7% (the same as the previous survey),
marking an increase for the 11th consecutive quarter.
The percentage of “price increase” points rose to 31.4% (from 30.8%),
“stable” points decreased to 65.7% (from 66.9%), and “price decrease” points increased to 3.0% (from 2.5%).
By area, all regions experienced an increase for the 11th consecutive quarter.
Tokyo’s 23 wards increased by 1.1% (from 1.3%), Tama area of Tokyo increased by 0.9% (from 0.5%),
Kanagawa increased by 0.5% (from 0.3%), Saitama increased by 0.6% (from 0.5%), and Chiba increased by 0.5% (from 0.7%).
Here is the latest testimonials by Israeli investor
Mr. Zamir is CEO of a jewelry company in Tokyo. He is a designer and his wife works with him.
The couple is looking for an investment property in Tokyo (most probably condo unit) for their retirement investment.
We offered them the consulting service.
We wish them a good luck.
A relaxing, open plan space where each person can find their own way to chill out ?
Why don’t you try Niigata ?
Niigata prefecture is renowned for beautiful mountains and skiing resorts.
In addition, since Niigata is a major production center for high quality rice, Niigata boasts many Japanese sake brands.
If you take Niigata shinkansen(bullet train) from Tokyo station, it takes only 80 mins to Echigo-yuzawa station.
From Echigo-yuzawa station, you can reach a number of delightful skiing resorts within one hour.
Happy new year 2019 ! Year of Boar.
New year has just begun and I would like to quickly review the market using some statistics.
The data always tells you the fact. How to read the data is a key for success.
It is too early to know if housing is in another bubble in Japan (I don’t think so)
It will depend on what happens with the global economy. Unfortunately, bubbles are only recognized with 100 percent certainty
in 20/20 hindsight.
The national average standard price of land
According to the government announcement, the national average standard price of land (基準地価) published in September 2018
by the Ministry of Land, Infrastructure and Transport, land lots for all uses excluding forest lands nationwide
went up by 0.1% compared with the previous year, rising for the first time in 27
years since 1991. The average rate of residential areas was down 0.3% nationwide, falling for 27
consecutive years, but the rate of declines shrank 0.3% from the previous yearRead more
(View from the property)
***This property has been sold***
One of my good friends in the industry has just listed a beautiful house in Yakushima.
The small, remote island of Yakushima, which lies off the southern coast of the southernmost of Japan’s four major islands, Kyushu, is shaped something like the Hawaiian isle of Kauai. And just as on that other circular bit of rock over 4,000 miles away across the North Pacific, visitors arrive here seeking respite in subtropical rain forests and mountains. (from NYT)
Situated in the sacred island, this sophisticated new construction is in the exclusive Yakushima island.
The property boasts 1932 square meters of forest land and the fantastic ocean-view.
The house is compact wooden with a toilet which is equipped with the natural disintegrator system.
You don’t need the sewerage.
Read more
(Night life Susukino in Sapporo) （Odoori koen)
No down payment is needed.
Remarkable opportunity in Sapporo is up for sale in Sapporo.
One of my business partners has come across a pretty good property in Sapporo in northern Japan.We don’t usually deal with a property in Sapporo.
However, as the project already has passed the provisional review by a premier Japanese bank, I am introducing it on his behalf.
Let’s find out how viable it is.
Oh, by the way, If you seek investment that can expect the appreciation of 20% over next 3 years,
Japan is not your destination. Please go and find a property in countries like Thailand or Vietnam.