Real Estate & Lifestyle Resources:
Make Tokyo your Home
For those who want to search for a home safety and affordably in Japan,
please rely on ‘Living in Tokyo’.
Can you buy a house in Japan with peace of mind?
“Living in Tokyo” is realsetate company based in the heart of Tokyo.
For foreigners looking to purchase a home in Japan, there will be various challenges, including cultural understanding, legal procedures, loans, taxes, and more.
We, as professionals, are here to assist you!!
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Since 2007
Experience in dealing with foreign nationals
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Omotenashi
You Will find omotenashi everywhere.
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English speaking staff
There are English speaking staff.
If you’re looking for residential properties in Tokyo,
consider consulting with the real estate agency
Living in Tokyo.
The staff here is the one who will assist you in person!!
CEO
Hello everyone! I’m Ken, the CEO.
I lived in the United States during my childhood, so I have a good understanding of foreign cultures.
I have also conducted transactions with many people of foreign nationalities in the past, so I have extensive knowledge.
Please don’t hesitate to contact me anytime.
Hello everyone! I’m Ken, the CEO.
I lived in the United States during my childhood, so I have a good understanding of foreign cultures.
I have also conducted transactions with many people of foreign nationalities in the past, so I have extensive knowledge.
Please don’t hesitate to contact me anytime.
Sales team
(residential properties & investment properties)
Important Considerations for Foreigners
When Buying a House in Japan
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1.Choosing a Real Estate Agent
Selectiong real estate requires the utmost core. Some real estate companies may try to sell overpriced properties or properties with poor conditions to foreigners.Choose a trustworthy real estate company.
Hiring on interpreter is an effective way to choose a reliable real estate company. Real estate transactions often involve specialized terms, making it very difficult to understand everything in Japanese, a foreign language.
With an interpreter, you can obtain accurate information and select a trustworthy real estate agent.
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2.Filing a Tax Return
Some foreigners may purchase real estate in Japan as an investment.When buying real estate for investment purposes, there is an obligation to fire a tax return for the income generated from the purchased property. It is
necessary to hire a tax accountant for the tax return process.
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3.Tax Agent System
For foreigners living overseas who purchase real estate in Japan, paying Japanese taxes and filing tax returns from abroad can be challenging.This is where the “Tax Agent System” comes in handy. A tax agent is someone who
handles tax payments and filing tax returns on your behalf. This role can be filled by a friend living in Japan or a staff member from a property management company.
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Contracting with a Real Estate Agency
Once the property to purchase has been decided upon, a mediation contract is concluded with the real estate agency. A mediation contract refers to the agreement made through the contracted real estate
agency to purchase the property. Upon agreement to the contract terms, sign and affix seals on the contract document.
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Applying for a Housing Loan
Generally, when purchasing real estate, payment is made through a housing loan. It is also possible to apply for a housing loan through a real estate agency. However, housing loan application are
limited to foreigners who have permanent residency in Japan. Overseas remittance is common for other payment methods.
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Payment of Earnest Money, Intermediary Fees, etc.
After the payment method for the real estate has been determined, it is necessary to pay a portion of the real estate price. Earnest money, intermediary fees, and stamp duty must be paid. Earnest money
is typically paid in cash. Confirmation is necessary beforehand as stamp duty varies depending on the real estate agency.
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Conclusion of Sales Contract
A formal sales contract is concluded. The necessary documents at the time of the sales contract are the four points already explained. Note that the required documents differ between purchasers residing
in Japan and those residing overseas.
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Handover of the Property
Once the sales contract is concluded, the property is handed over. Alongside the handover of the property, the transfer of ownership of the real estate must also be conducted. Typically, a judicial
scrivener is appointed to handle the “transfer of ownership registration” at the Legal Affairs Bureau.
We are appreciated by many customers!
Please feel free to contact us !!
