Refined Platform for Innovative Real Estate Investment in Japan

One-Stop Services

In our scope of work, we provide you with not only our primary business, sales of renovated condominiums, but also such broader services as real estate assessment and market research, property management, leasing, asset utilization, administration of tax payment and acquisition of investor's visa.

Introducing Reliable Real Estate for Investment and Business Foundation

Our Services

Real Estate Dealing Intermediation Service

To meet customer needs of real estate dealing for investment or business foundation, we provide consultation services regarding relevant real estate dealings and land usage. Our knowledgeable sales force is ready to support you utilizing our nationwide client network and various updated information.

Assessment/Valuation Service

Accurate and definite assessment on the target property will be the most critical judgment on your strategy. Our expert team does diversified research, analysis and assessment on current domestic real estate market environment with rich and broad experience and intelligence on behalf of you for your premarketing activities.

Due Diligence/Inspection Service

Our expert team follows you with speedy and exact researches to complete legislations or mandatory paperwork such as the disclosure statement and contract form.

Q&A

In case a foreign resident with foreign nationality tend to purchase a residence in Japan, is it possible for the person to set a housing loan at Japanese banks or financial institutions?

Most of Japanese banks require a condition that the applicants must be a permanent resident in Japan. Some foreign financial institutions and non-banks accept housing loans.

What is the cost for purchasing a residence?

Same as the above

How is the agent/intermediation commission calculated?

Same as the above

Is this time the best opportunity to expand business in Japan?

Even in Tokyo, a serious real estate slump had been seen after the bursting of the bubble economy. However, in the beginning of the 21st century, the real estate market has been revitalized by some large-scale urban redevelopment e.g., Roppongi Hills, Tokyo Mid Town and Shiodome business/commercial district. Furthermore, in preparation of Olympic Games 2020 taking place in Tokyo, various urban renewal projects and active real estate deals are estimated. By all these means, now the time is perfect for real estate investment in Tokyo metropolitan area.

What is restriction for investors with foreign nationality for purchasing real estate in Japan?

A. Fundamentally, there is no restriction for foreign investors for purchasing real estate in Japan. Any real estate purchase in Japan needs local registration formalities, and investors with foreign nationality also have rights to own real estate properties after registration of ownership. All mandatory certificates and paperwork are to be processed based on relevant regulations.
However, according to the Foreign Exchange Act, a reporting obligation may be imposed.

What is the system called Tax Payment Administrator?

Tax Payment Administrator is the specific personnel who process various taxing duties such as Property Tax payment and Tax Return of earning property for foreign investors. The Tax Payment Administrator application form is to be submitted to the competent district director at the tax office.

How is the profit rate of property leasing advised?

Although it depends on the region, area, building age, square measure, property type and specs, generally it tends to be higher than those profit rates in Taiwan or Hong Kong.

Essential Costs for Purchasing Real Estate Property

The following costs are incurred

1.Real Estate Acquisition Tax	4% on Land, 3% on Building (Residential), 4% on Building (Non Residential) to the indicated prices on the property tax list at municipal offices. Tax rate is reduced 50% to the land for residential purpose purchased by March 31. 2015.
2.Registration Tax etc.	Mandatory for acquisition and registration of real estate. *Land Ownership Transfer --- 2% of the property price (1.5% on registration made by March 31, 2015) *Building ownership Transfer --- 2% of the property price (1.7% for self residence on registration made by March 31, 2015) *Mortgage Settlement --- 0.4% on loan amount (0.3% for self residence on registration made by March 31, 2015)
3.Consumption Tax	Tax rate projected to be raised from 5% to 8% in April 1, 2014, and from 8% to 10% in October 2015. *Building : 5% (delivery by March 31, 2014) *Land : 0%
4.Stamp Tax	Revenue stamp is required on the real estate purchase contract. Stamp amount varies according to the purchase price. * More than \10 million to \50 million \15,000 stamp * More than \50 million to \100 million \45,000 stamp * More than \100 million to \500 million \80,000 stamp
5.Brokerage Commission	Following commission incurred to the real estate purchase more than \4 million. * 3% of purchase price + \60,000 In case of direct purchase from the previous owner, no commission incurred.
6.Judicial Scrivener Commission	Necessary for requesting registrations to Judicial Scrivener. Approx. \100,000 is estimated.

Taxes Incurred during Owning Real Estate Properties

1.Fixed Property Tax	Calculated with prescribed tax rate on indicated prices on the property tax list at municipal offices. 1.4% as standard tax rate.
2.City Planning Tax	Calculated with prescribed tax rate on indicated prices on the property tax list at municipal offices. 0.3% as limited tax rate.
3.Income Tax	Incurred in case of leasing or renting properties and obtaining income. Income Rate Deduction Up to \1,950 000 5% \97,500 More than \1.95 million to \3.3 million 10% \97,500 More than \3.3 million to \6.95 million 20% \427,500 More than \6.95 million to \9 million 23% \646,000 More than \9 million to \18 million 33% \1,536,000 More than \18 million 40% \2,796,000

Taxes Incurred in Case of Obtaining Profit from the Sale of Assets

1.Tax on Short-Term Transfer Capital Gain	In case of transferring property within 5 years after acquiring : 39% of Capital Gain (30% Income Tax, 9% Resident Tax)
2.Special Income Tax for Reconstruction	In case of transferring property after 5 years of owning : 20% of Capital Gain (15% Income Tax, 5% Resident Tax)
3.Special Income Tax for Reconstruction	2.1% on the above 1. or 2. * Residents in countries which Japan concluded Tax Treaty with may obtain return of a part or all of this tax.