How Can Foreigners Purchase Real Estate in Japan

In this video, you will learn how foreigners can purchase real estate in Japan. We will talk about purchase requirements and how to choose a property, the series of steps in the purchase process, and important points to consider when choosing a property, such as location, apartment management style, facilities, and earthquake resistance of the building. Lastly, you will also learn how to use a mortgage loan in Japan, the conditions for obtaining a loan, how to calculate the amount of loan and types of banks. All of this information would be useful for foreigners who are thinking about purchasing a property in Japan.
Chapters of the Video:
00:00 Introduction
00:46 How can foreigners purchase real estate in Japan?
00:54 Agenda
02:04 1. Purchase Requirements
04:21 2. How to Choose a Property
14:18 3. How to Use a Mortgage Loan
18:17 Conclusion
18:56 Introduction of Website
19:48 Introduction of Our Websites
PLAZA HOMES
www.realestate-tokyo.com
Buying Property in Tokyo, Japan
www.realestate-tokyo.com/buy/
Guide to Buying Property in Japan
www.realestate-tokyo.com/buy/...
Can a foreigner purchase property in Japan?
www.realestate-tokyo.com/news...
Guide to Selling Properties in Japan
www.realestate-tokyo.com/sell...
Japan Living Guide
www.japanlivingguide.net
Facebook
/ plazahomes (English)
/ plazahomes.jp (Japanese)
Instagram
/ plaza.homes
LinkedIn
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Company:
PLAZA HOMES LTD.
プラザホームズ株式会社
www.realestate-tokyo.com (English)
www.plazahomes.co.jp (Japanese)
#japanrealestate #japan #realestate #tokyo #realestatetokyo #japanproperty #buyrealestate #howtobuyproperty #japanese #不動産
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[@Nightowl1981]

This is spot on!

[@120090501]

Thank you for the info.

[@trimora5687]

Really useful!

[@MikeIsCanadian]

Such a great video. Very informative. Thank you.

[@TonyTsai]

Great guideline to start, the video check all the boxes for me. Will be in contact soon. Thank you

[@KickAssets]

I own 12 houses in Japan and have created a course on purchasing something in Japan. I also offer services. I cover way more details in my course, but It IS NOT easy for people coming from abroad and this is why I also started my service.

[@Tokushima77]

Anyone can buy those properties on edge to be abandoned due to year construction , type of material, year property was built. Do you have any apartments with 1800sq/ft built in 2023 with earthquakes standard level 8 maybe?

[@KickAssets]

@@Tokushima77 1800? lol maybe in the country side. That's massive for Japan. And NO not anyone can buy those. Buying a place bought in 2023 isn't as good as investment. Your ROI will be very low. I don't fully understand your due to abandoned? You can renovate.

[@kumardhumal]

I am an Indian..Can I buy property in Japan...but I am not a resident of Japan?

[@KickAssets]

@@kumardhumal Technically, yes, you can own. But you may need someone like me to sign as your proxy as the Japanese want someone local to contact in case of issues.

[@kumardhumal]

@@KickAssets Thx useful information share 👍😊

[@dipakagarwal5052]

Haruka-san, your explanation was excellent. I have been residing in Japan for the past five years. Could you kindly provide me with further guidance on purchasing a house?

[@PLAZAHOMESltd]

Thank you very much for your comment. I am glad to hear that my explanation was helpful and would be happy to provide you with further assistance. Please email me at [e-mail]. I look forward to hearing from you.

[@bkind1622]

Great video Haruka, I think the biggest question is how do non residents get financing to buy an apartment in Tokyo? Thank you 😊

[@PLAZAHOMESltd]

Hello B-San. Thank you for watching and for leaving us a comment. Basically, it is considered difficult for non-residents to obtain financing to purchase a property in Japan. This is because banks require residency in Japan for foreigners to apply for a loan. However, for investment purposes, if you meet financial institution’s requirements as well as understand the interest rate being high, there might be a few options that you may be able to try. With that said, most of our foreign clients who live abroad tend to go through cash transactions. I hope you find this information helpful and please let us know if you have any further questions.

[@donnyswanson1383]

How about for people with spousal visa living in Japan, I work as well

[@PLAZAHOMESltd]

@@donnyswanson1383 If you are living and working in Japan and have a resident card, passport, seal and other required documents, financing is available depending on meeting each bank’s requirements. We would be happy to assist you so please feel free to inquire us at [e-mail]

[@Nightowl1981]

​@@donnyswanson1383 If you are a full time company employee (正社員) and are married to a Japanese you can obtain a house loan even if you don't have PR. I used Shinsei Bank (now renamed SBI).

[@donnyswanson1383]

@@PLAZAHOMESltd that’s a no then

[@josephjohnson60]

This is a great video, however I'm interested in purchasing a home in Kanagawa ken. Can you help with this, or do you recommend someone who can assist me with purchasing in Kanagawa? Thank you.

[@PLAZAHOMESltd]

Thank you for watching our video and we appreciate your comment! We are mainly dealing with properties in Tokyo area but could cover some parts of Kanagawa such as Yokohama and Kawasaki areas etc depending upon the property size and type. We wonder if you are looking to any particular areas in Kanagawa to purchase? Thank you.

[@hanekds6119]

What would be the "reasonable" income to get business management visa?

[@PLAZAHOMESltd]

Thank you very much for your question. We will be happy to provide more information if you could email us to the following address: [e-mail]. Thank you and we look forward to hearing from you.

[@biancamarvelous2575]

Do you have Akiya houses? Or do you know any agents that shows Akiya houses?

[@PLAZAHOMESltd]

Sure, we have properties for sale. Please send us your inquiry via : www.realestate-tokyo.com/buy/inquiry/

[@peterbedford2610]

Most visas are 90 days. Owning proprrty does not get you residency. Many houses in Japan actually depreciate in price.

[@deyabuNeo]

I would like to ask if a foreigner who buys a property can rent it or do any other businesses like Airbnb considering that the foreigner is living abroad

[@PLAZAHOMESltd]

Thank you very much for your comment. To answer your question, yes, foreigners who buy a property can rent it out. For further information, please email us at [e-mail]. We look forward to hearing from you.

[@christian1834]

Hi Haruka, I am a cash buyer do my options open up?

[@PLAZAHOMESltd]

Thank you very much for your comment. Please email me at [e-mail] so that I can answer your question. I look forward to hearing from you.

[@Dailylife20091]

We are planning on invest a property in Japan. I am Australian citizen, can you pls give me more info

[@PLAZAHOMESltd]

Thank you very much for your comment. Please email us at [e-mail]. We look forward to hearing from you.

[@AProfilename]

What if I have cash 💵 to buy a home 🏡 and I don’t need a loan 💵 does it make it significantly easier buying homes 🏡 in Japan 🇯🇵 I really want to start buying homes 🏡 in Japan 🇯🇵 soon 🔜

[@PLAZAHOMESltd]

Thank you for your message.　 If you do not live in Japan, taking out a loan in Japan is almost impossible, so cash purchases are required. If you live in Japan, there are conditions for taking out a loan, and the screening process takes time, so if you can buy in cash, you can eliminate the loan screening process, which makes the sale transaction faster and easier. Plaza Homes will be happy to assist you if you are looking for a home in Tokyo.

[@AProfilename]

@@PLAZAHOMESltd thank you so much for the reply! Could I get your contact info so we can continue taking

[@Cordycep1]

I think there will be alot more Akiya if the foreigners never comes back to live in their home, or their heirs never knew they have the property.

[@angeliquecheskaayad6700]

I’m a filipina is it possible to purchase a house in Japan ? What about the visa?

[@PLAZAHOMESltd]

You can purchase real estate in Japan despite your nationality, country of residence, visa type, etc. However, please note that you cannot obtain a visa by purchasing your own home. In some cases, if you purchase a property for an investment purpose and conduct a business that will generate a reasonable amount of income, you may be able to obtain a business management visa. I hope this information is helpful and please let me know if you have any other questions.

[@aerickwander]

Do you have any office in Fukushima? I'm looking at buying a landed house here

[@PLAZAHOMESltd]

Thank you very much for your inquiry. I am sorry, but we are located in Tokyo and provide services only in Tokyo area.

[@2masterdingdong]

beri gud

[@bennydeguzman7668]

I am a foreigner. I am not a resident of Japan. I plan to buy a condo (which you called Mansion) in Tokyo, but I know it is very difficult for foreigners to open a bank account in Japan, in order to auto-pay the Dues and the Real Estate Tax. After I buy the condo, it is possible for me to open a bank account in Japan, as a foreigner ? Thank you.

[@PLAZAHOMESltd]

Thank you for your message. Basically, a non-resident of Japan is not eligible to open a bank account in Japan. After buying a property, payment of taxes as well as management fees for condominiums, etc. will be required, therefore, we provide a wide range of follow-up services to handle the necessary payments and management of the property. If you have any further questions, please feel free to contact us at [e-mail].

[@luckyeggsolar2914]

Can you share on costs eg taxes and house related maintenance etc after purchasing? Thk u

[@PLAZAHOMESltd]

Thank you very much for your comment. Please email me at [e-mail] so that I can answer your question. I look forward to hearing from you.

[@cncfan]

Can you rent out your home if it was purchased with a mortgage loan?

[@PLAZAHOMESltd]

In general, yes you should be able to rent it out but you would be advised to check with your mortgage lender if the mortgage is under own home loan terms instead of investment purpose.

[@user-zi1ze2ks5o]

if my US Government job allowed me to work remotely from anywhere I would be on the next flight to Japan

[@1stzard]

What if you are paying in full?

[@PLAZAHOMESltd]

Thank you very much for your question. I would like to answer your question through an inquiry. Please email me at [e-mail]. I look forward to hearing from you.

[@cuzcohusky3533]

Hey are you in real estate? How do I reach you for consultation???

[@PLAZAHOMESltd]

Thank you very much for your comment. Please email us at [e-mail]. We look forward to hearing from you.

[@TraditionalJapaneseHouse]

you might like mine

[@emilieshi1101]

Do you have branch office in fukuoka

[@PLAZAHOMESltd]

Thank you very much for your inquiry. We do not have a branch office in Fukuoka. We are located in Tokyo and provide services in central Tokyo.

[@jonathanchan7448]

What if you are not 45 or younger for the loan?

[@PLAZAHOMESltd]

May we assume your point was regarding the loan duration (the age of full loan repayment)? Assuming 79 year is full repayment age, it would be reduced by 34 years loan duration instead of 35 years? If younger than 44 years, 35 years loan duration should be possible but again this is subject to the bank’s assessment result.

[@reyzellgames911]

This is not what I need I need a website where I can see the houses that is not century 21 and I can’t find that 😡

[@yellow13foxtwo]

Then How can a foreigner find love in japan ??

[@deyabuNeo]

If you are handsome and have money then you have options but If you are not then you have to play the game in a hard mode like most of us

[@campeau29]

FUNDS TO PURCHASE, if wiring money from another country, prepare yourself for interrogation from your Japanese bank: "where did you get this money? Prove it! We will think about it for a few weeks and decide if we will release the funds or send them back."

[@user-hb2eq1sk7n]

No thanks.