How to invest in Japan
Gold Coast Australia has long been considered a destination for Japanese Residential investment since I came here in 1980's. But the reverse - interest from Australian investors - is not developing as Japanese would like.
We hope to see more interest by Australian businesses to Japan and increase Investments in Japan.
Japanese housing prices continue to rise in 2015 after the recent strong market recovery. Housing demand remains strong. The best place to invest in property is Tokyo Japan, because of a high demand for housing and ever increasing rent, . We assist Australian investors to find real estate investment opportunities in Japan with our deep knowledge in assessing property value and the current market trends
When considering to buy property in Japan, your biggest concern will be
" Can I, as a foreigner, buy a property in Japan?"
"There is no legal restriction for oversease investors to buy or sell a property in Japan. Private ownership is permitted. Even non-resident forigners are free to acquire, keep and sell of land and buildings. You can sell it to another foreigner or a foreign company
If you would like to come to Japan and want to experience the culture and modern cities, I will come with you or arrange planned tours of Tokyo's key area of your interest with our coodinators. Tokyo area is a remarkable potential with opportunities for investors. ....................... ..
Process to get property in Japan
Step 1 What type of Investment do you look for? ......Consultation
Commercial, retail or residential/ House or Apartment?
Forcus on yield or capital gain?
Second home for personal use or ski chalet or an investment property?
Short term or long term?......................
Step 2 Viewing Properties... Selection
To make a short list of available properties that meet your needs ,
Our coodinators are available to pick you up to show the properies.
Check : Do they include or have parking available?
Is the parking flat or machine type?
Is the structure earthquake proof?
Does the building have a controlled entry or concierge service?,
Step 3 Negotiation
Once you have selected a property, it is time to negotiate the price and conditions,
Offer needs Price, Payment method, Contract date, Date of delivery and so on.
With high turnover in the market, the propertyt will go quickly.
Step 4 Signing a Contract
Once you and the seller have agreed on the price and conditions, both sign the contract and pay the deposit -usually 10-20% of the sales price.
Where a buyer is a foreign corporation, Copy of corporate registration of its Japan branch will be required.
When financing your purchase with loan, you may need to apply to a lending institution to pre-approved for a loan prior to signing the contract
Step 5 Settlement and Handover
Taking ownership requires completing the necessary legal documents. Normally a Judical Scriver processes the ownership transfer to the Buyer and necessary related resistrations.
Prepare Affidavit and Letter of Proxy to Judical Scrivener.
Both the Seller and the Buyer sign and seal the resistration application form.
A foreigner who purchase real estate in Japan need to submit a report to the Minister of Finance within 20 days of the purchase under the Foreign Exchange and Foreign Trade Act, unless the purchase fall under certain exemptions.
3 Keys to invest
Everyboday looks for a bargain. In the current market, negotiating to get a better price is tough. A cash and a quick sale can provide an added incentives. We can only begin negotiating the sale price with the owner once we have informed them who the client is. A written offer to purchase will express more to the Seller your serious interest in the property.
The second determining factor for buying real estate in Tokyo is location, followed by the quality and age of the building. For example, an old building in a prime location may have considerable long-term value to investers, while it offers stable returns. A new building further from the city centre will offer better immediate cash flow, but lesser long-term growth expectations.
The third aspect is an access to public transportation. Most apartment tenants do not have their cars. So how far they are from the station, and which train lines they are close to are very important. The decisive factors are total time to job and time to walk from station at a regular walk.
Soaring property investment from overseasReal Estate market in Japan remains very stable and coupled with the low interest rates, provide highly attractive cash flow dividends. Providing mid to long term stability. The occupancy rate for residential condominium is very high. Not only are borrowing costs attractive, offering very low rates, but residential properties have attained nealy full occupancy levels for the past few years. Condominium prices in Tokyo are also on the rise...............................................
Due to market stability, high occupancy rates, controllable capital growth, and affordable prices, government intervention in Japanese property market is minimal and policy risk remote.The Japnese Economy favors foreigner to purchase property in Japan. We believe an investment with good growth potential here even if the Japanese property market is presently confronted with weaker Japanese Yen. Currently Tokyo has fewer residential and commercial vacancies, probably resulting in property rentals rising at a rapid rate. Tokyo is recommended as one of the major cities for good residential returns over the next few years.
Since the Abe administration took office in late 2012, the market has been reacted favourably as he follows through on his promise of reinvigorating the economy through a three-pronged approach of quantitable-easing, fiscal stimulus and a strategy for growth. Assuming that "Abenomics" policy now entering its second stage, leads to a revival of the Japanese economy, rising incomes will continue to support rising rents. There are all the signs for real estate market growth in Japan through highly active real estate values, together with the “Abenomics” of restoration and new constructions, in which requirements for the 2020 Olympics play a major part. ........ ......
Foreign real estate investment rising sharply on weaker yenThe central bank embarked on a new multi billion dollar program, which spurred economic growth, and made the country much more attractive to real estate investors. Rent and land prices are steadly increasing which signifies a great time to make investments.
Tokyo experience ongoing population growth, they also unfortunately have to contend with the world’s highest cost of living and therefore, for them the weaker Yen currency is good news for foreigners. This provides significant environmental support for the property market in Japan as there are no special restrictions for foreigners wanting to buy and invest in Japanese properties. .
In Japan, when the new tenant signs a contract with the landlord, it is customary for the tenant to pay the landlord “key money” equivalent to one month’s rental. I interpret this as an expression of gratitude for the landlord to accept the tenant into his apartment. The key money is considered a gift to the landlord and is non-refundable. It is paid in addition to the two months of security deposit that the landlord holds per two-year tenancy contract.
Most tenants tend to renew their contracts for at least one or two-year term in order to save on the key money and the relocation costs. Japanese trust culture is seen everywhere in business practices, leases, and tenancies. Investors can be assured of timely rental payments, smooth tenancies, promises being uphold, and complete transparency in all transactions. And Japanese has a service oriented culture, Japan's reputation for being safe, clean and hygienic is well known. Building maintenance is high grade. Property crime is low. Problem tenants are rare.
This all leads to promising property investments providing foreign investors with good returns on the Japan real estate market. Given the higher quality of construction and finishes, real estate investment in Tokyo can be a very satisfying long-term commitment.