Foreigner's Guide: Buying Japanese Property with Revolut

HOLIDAY SPECIAL DEAL: 33% OFF of Japan REI Boot Camp - www.postfi.co/offers/6PZqhrjW...
FREE Live Session on How to Buy Your First House in Japan in 90 Days -www.postfi.co/registration-page
LIMITED SPOTS ONLY: Apply for Japan REI Program to Buy Your First Property in 3 Months: forugxcb8r8.typeform.com/to/y...
FREE GUIDE: How to Buy an Akiya as a Foreigner: stan.store/shumatsuopost
If you have ever wanted to buy a property in Japan as a non-resident foreigner but didn't know how.
This video is for you.
I interviewed one of my clients, Manuel, who recently bought a fully-renovated house near Tokyo as a non-resident of Japan.
He doesn't even have a bank account in Japan.
He bought it using an app called Revolut.
Get your paper and notes ready.
Get your plane tickets to Japan.
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#japan #realestateinvesting #financialfreedom #passiveincome #akiya #abandonedhouses #homebuyingtips #cheaphouses #housingmarket #japanhousingmarket #buyingahome #housingcrash #housingcrisis
Disclaimer: I am not a financial advisor. This video and the ideas presented in it are for entertainment purposes only and should not be construed as financial or legal advice. Please also note that the past performance indicated in the video does not guarantee future results.
00:00 Intro
01:11 Tokyo Station
01:44 House Walkthrough
05:25 Interview w/ Manuel
16:52 Closing

[@shumatsuopost]

He bought a house in Japan using Revolut. Would you do the same? LIMITED SPOTS ONLY: Apply for Japan REI Program to Buy Your First Property in 3 Months: forugxcb8r8.typeform.com/to/yHUZyr2J FREE Live Session on How to Buy Your First House in Japan in 90 Days -www.postfi.co/registration-page

[@KickAssets]

Great interview! Manuel was such a great client. To others looking, we will do our best to help you no matter your skill level, but the most important thing is to trust us and follow our lead. I know it's a big decision for most, but it can be weall worth it for your future. The time is now. :)

[@unixtreme]

Very nice he was allowed to just buy via bank transfer, when I was considering it in Europe they wanted to force me to work with banks and get a mortgage because of deals they have under the hood. I’ll may give it a go in Japan now that I got Permanent Residency.

[@KickAssets]

@@unixtreme Yeah it's a different case depending on the seller/agent. Things like this are a little troublesome for Japanese at times, but some are willing to jump over the extra hurdles while some may not. It is what it is. Everything went smooth with Manuel giving him the biggest smile ever. :)

[@MosKou2KH1]

Great to see Colin as well! Nice video Shu, thanks for sharing this💯

[@shumatsuopost]

Thanks for watching!

[@bheempatworanam1083]

Really inspiired! Thanks for the video🙏😊

[@shumatsuopost]

Thanks for watching!

[@solverse6387]

Thats an interesting topic. thanks for covering it

[@shumatsuopost]

Thank you!

[@meowc5083]

Thanks for mentioning revolut. I've never heard of it , now I'm looking into perhaps getting myself a revolut bank card . This would be good for travelling

[@Cordycep1]

Excellent .

[@wileyumstead9236]

remember even if you own land in Japan the Japanese government can stop giving you a visa at anytime and getting a retirement visa is almost impossible, residency is very difficult. Love Japan lived there 1965 to 1977, before most foreigners ever thought of Japan.

[@SeosamhMacUaid]

have things not changed since 1977 in terms of the visa situation. If anything Japan needs massive immigration to keep itself from becoming a small back water country within the next 20 to 30 years.

[@epicenter5126]

I love this channel

[@shumatsuopost]

Thank you so much!

[@andretoyo]

Beautiful place!

[@shumatsuopost]

It really is!

[@yogaforeverybodywiththeord9936]

What a great home.

[@shumatsuopost]

It really is!

[@axios101]

I was waiting for it! Say hi to Colin! 😁 If everything will be ok, in near future I could very well try to buy something there as a non-resident... an APARTMENT in a condo building (not all the condo building itself! 😁) around Sagami Bay/Kanagawa Prefecture.... wish me well!! 🤭🤭🤭

[@shumatsuopost]

Best of luck to you!

[@mjmikaelson]

Very nice home!

[@shumatsuopost]

It really is.

[@user-mi7te6hk1v]

Great! But I think Potential Interest would need to know the Legality, Process, Authorithy engagement etc etc. Running cost as well. Kindly advise.

[@Scottiedowawa]

Looking forward to the course on how to buy property on the 4th of Jan to fill in the rest of the blanks. 👍

[@shumatsuopost]

Great - see you there!

[@samhodson6470]

Is there annual taxes for owning property...and other taxes...lastly...are the taxes more for foreigners?

[@ronisworld2916]

that is a very beautiful house! what a lucky bast... man!

[@shumatsuopost]

It really is!

[@jeroenbreyne360]

Quick question, did you have to convert euro to yen first and then pay? because you can't pay directly with euros it seems for large payments?

[@wagwan777]

If you would like to live in one of those tiny apartments for 300,- a month. What exactly do you have to do?

[@IzumiK1967]

Very good interview! I am curious which bank is good to use if you have Mexican pesos and want to buy a property in Japan. Wise, or any other bank you recommend?

[@shumatsuopost]

Wise or Revolut

[@eletjapanban2945]

Good video. Its real in Japan, i both an Akiya house, from owner directly with no real estate involved. Its really working in Japan.

[@shumatsuopost]

That's cool! Thanks for sharing!

[@edwsky]

I'm setting up a company in japan and in the final process for my business manager visa. i also secured an akiya in Yamanashi prefecture as the home-office. the process of obtaining a home-office is more tricky than buying an akiya for personal.

[@shumatsuopost]

Good for you. Where are you currently based? Would you be opposed to being interviewed after you get your business manager visa?

[@edwsky]

Thank for replying. I am currently based in Singapore but I will be flying back to Japan on 4th Jan to 9th Jan to start my visa screening process and my next akiya viewing in Yamanashi. After that I will await for the visa result and will fly back to Japan for longer stay to kick start my business in Japan. Sure, I'm ok for an interview., let me know which period would be good to meet up with you. @@shumatsuopost

[@panompoungmahod]

I have been looking for Ikea house in Japan and I found one I would like to purchase that property could you please suggest me the agents that could help me do this

[@gregh7457]

i've been looking at houses in osaka and find the staircases in japan houses to be killers. The stair tread is more narrow than i'm used to and they're so steep and narrow. some don't even have a handrail to hold onto going down. i found a house with an elevator and i made an offer for it but the owner didn't accept. The owner did a bunch of diy crap and destroyed the wiring. He even drilled a hole in the stairs to feed up an ethernet cable to the upstairs. Its literally coming thru a stair tread and there are a/c wires dangling in the garage. if you're buying with us dollars hurry up and exchange them for yen. the dollar is getting weaker by the day

[@nizam_mr]

Congrats Manuel. That feel when i have been visiting Japan almost annually since 2009, n i have yet to hop on the boat to have a small home there(i probably just need a small cottage/cabin) 😵‍💫 So, does Wise can work similarly like how Revolut worked for Manuel? or Wise is a no go?

[@gojayallen]

Wise works for me, I use it in japan. For me, it is limited to 1mil yen per transaction, but an unlimited amount of times. It saved me $3-4K this last year versus using my bank rate.

[@Kuljacks]

I love this House..... Im looking to buy something similar & hopefully in the same location perhaps ??!! How & where do i begin ?!?!

[@shumatsuopost]

You could fill out one of these forms to get started: Akiya Income Generator (for rental properties): forms.gle/7ySUCdpiLVy9mHoy9 Japan Akiya Assist (for vacation homes): forms.gle/1A7FHHJxqHfuuUjh7

[@Tom-zv9kt]

wait does this mean i can use this revolut account to run a business in Japan?

[@reychand8258]

If we bought a house and lot in Japan can the Japanese gov’t give us a visa to stay for how long ? As a foreigner with a property in Japan what visa they will give us.Thanks Matsuo san

[@dabig_guy2204]

Revoluut

[@milaemouse8442]

nice house! (too many stairs, though) =D

[@shumatsuopost]

It looks really nice!

[@shinchiliu8344]

🎉I saw he bought his house for 24 million....@10:27 I couldn't understand how much discoumt from the listing price? I didn't catch that "at first it was like 24 and 800 million" appreciate your clarification thank you

[@samhodson6470]

Don't you just love...no answer...

[@PierrefromHk]

anyone can buy a properrty in japan, and most parts of the world as long you have the $$. Thhe big question is how are you gonna stay there longer time than your visa allow to..

[@AdrianArgentina-nd7rg]

Question: is it possible to buy a property without being physically in Japan, or do you need to go and sign the papers? Also, do you need to be able to understand Japanese? Thanks, great interview.

[@KickAssets]

I'd say pretty much impossible. Most agents won't bother with that. It's already hard enough for some. You don't need Japanese and that's where I helped manuel through the whole process. Knowing Japanese goes a long way tho.

[@AdrianArgentina-nd7rg]

Alrighty then, thanks for the answer.

[@MrspidySpidy]

Bro how much was the price of house

[@torentosangaming6733]

What district in Tokyo is this? Also how many minutes from the nearest station?

[@sonicase]

he said chiba, east of Tokyo

[@yongeric8492]

Cheap houses have nothing to do with 200k

[@skr3174]

Good interview! Are there actually any Akiyas in central Tokyo itself or only remotely close to Tokyo? Really interested to consult with you

[@shumatsuopost]

Thanks! Central Tokyo would be super competitive but just outside of it is doable. When you're ready, please fill out this form :) forugxcb8r8.typeform.com/to/yHUZyr2J

[@kjhsaranghea]

I didn't know that you're available for hire. May i know how much do you rate and what kind of service do you provide for us? Thanks

[@samhodson6470]

$8000.00

[@changle7619]

But if one day you sell the house, how would you receive the payment without an account in Japan?

[@samhodson6470]

Don't you just love the no response

[@mattimeo18]

Is there a way to get a mortgage in Japan as an overseas resident?

[@shumatsuopost]

You would probably need to own a profitable business in Japan.

[@EastWesttour]

Hey man, how much this house can be rent for?

[@shumatsuopost]

This one will be for his personal use. But I think he could charge a pretty decent rent for this place for sure.

[@EastWesttour]

I am looking for an rental property opportunity in Japan. Could you give me some idea how much it could be charge if its a rental property? @@shumatsuopost

[@simplastic]

I can afford a house but what about the visa? How can I stay?

[@shumatsuopost]

He's working on that as well :)

[@axios101]

Magic phrase to use: "Baka gaijin desu" 😁😁😁

[@Watchinchemtrailz]

Did I hear Cha-Ching

[@theghostofrickyricardo9975]

Loved everything here but "the view on the street is very nice"... Are we really saying that? It's...not a 'view'. It's a window that looks out onto a regular street.

[@SeosamhMacUaid]

120,000 GBP is a bargain to be just 35 mins outside a city like Tokyo

[@notapplicable5403]

$500-$600 is nothing? 😭 must be nice bro

[@joshuavaas5554]

Well he's right. The fees from most of traditional banks would be higher on 160k. Like a few thousands.

[@Ben-bg2lp]

It just occurred to me Japan is the safest most distant place from the states if you're in the witness protection program.