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City List

Japan


Why Invest?

Japan is the second largest market in the world. East Asia continues to grow at an astonishing pace and economic integration in the region continues to increase. Japan possesses all the qualities required in international business to become a hub in Asia.

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Market Report

We forecast that the housing market of Japan is showing signs of bottoming out, but it won't overnight turn into a raging bull market, but take several years to build a base.

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Economic Overview

Japan is a major economic global power. Government-industry cooperation, a strong work ethic, mastery of high technology, and a comparatively small defence allocation have helped Japan advance with extraordinary speed to become one of the largest economies in the world.

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Visa/Residency Issues

If you wish to enter Japan for Long-term stays, you will need one of the following visas: Diplomatic visa, Official visa, Working visa, General visa or Specified visa. You should be able to identify which visa is appropriate for you.

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Getting to Japan

Approximate flight time from London to Tokyo is 12 hours. Japan's most important international airport is Tokyo's Narita Airport, followed by Osaka's Kansai Airport and Nagoya's Central Japan Airport.

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Fees & Taxes

  • A person who acquires properties by gift must file a return between 1st February and 15th March of the following year.
  • Individuals and corporations who are owners of land, etc., in Japan are required to pay land value tax. The tax rate is fixed at 0.3%.
  • Workers compensation on gross salaries is 0.5%
  • Income tax rate is 10% on the income which is more than 1,000 but less than 3.3 million.
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Japan Country Overview

Japan

Japan Flag

Basic Information

Population 128,085,000 
Languages Japanese
Area 377,835 km²  
Currency
Yen (¥) (JPY)
Dialing Code 81
Emergency Services 119 / 110

Japan Overview

Japan, a country of islands, extends along the Pacific coast of Asia. The main island is Honshu, and the country has three other large islands: Hokkaido to the north and Shikoku and Kyushu to the south. More than 4,000 smaller islands surround the four largest.


Average Property Prices

Coming soon.

Buying Process

  • Once determining a property to purchase, a purchasing application is usually required to start negotiation with a seller.
  • Legal background of the property and payment method is explained to a purchasing person by a licensee (usually of a meditating realtor).
  • When the contract is concluded with necessary signature and impressions and an agreed advance is paid to a selling owner, the contract is officially closed and takes effect.
  • A Bank will require the submission of copy of the contract and property certificate to precede a loan approval. Fees of the right column will be required when approved.
  • Necessary registration, such as ownership transfer, ownership retention, mortgage setup should be completed through a legal scrivener.
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