There are three types of building management services in Japan: 1 self-management, 2 outsourced management, and 3 subleasing. Depending on which type is chosen, the psychological, time, and financial burdens can be reduced. 1 self-management A method in which the Read more…
When you own a condominium in Japan, monthly expenses include a management fee and a repair fund. Management fee Management fee is expenses used to manage common areas, which are necessary for the comfort and safety of daily life. Specifically, Read more…
When a contract is drawn up for a real estate transaction, a tax called stamp tax is imposed. Stamp duty is a tax levied on taxable documents. A taxable document is a document defined by the Stamp Tax Law, such Read more…
The reasons why tenants in Japan are considered strong are many and varied, but the main factors are legal protection and cultural background. The strength enjoyed by Japanese renters is rooted in providing a secure foundation for individuals and families. Read more…
First of all, as of March 2024, there are no special restrictions on buying real estate in Japan just because you are a foreigner. Also, while some countries have rules that prevent foreigners from buying land, there are no such Read more…
If you own real estate in Japan and have rental income, you must pay the following taxes. Fixed Asset Tax Fixed asset tax is a tax paid by the owner of real estate. It is paid to the municipality by Read more…
These are the taxes when you purchase properties in Japan. The explanation of taxes are bellow and the calculation of each tax will be written in other article. Stamp tax This tax is for affixing stamps to real estate sales Read more…
If you own a condominium unit in Japan, your monthly expenses are as follows. Building management fee Building management fees for condominiums cover the cost of maintaining common facilities and common areas. These include cleaning and lighting of elevators, hallways, Read more…
1 Set criteria for desired property and searching Decide on the conditions (location, budget, etc.) of the property you wish to rent and search online. Or, inquire directly with an agent you feel you can trust before deciding on terms. Read more…