Purchasing

Can foreigners buy a house/apartment in Japan?? How??

YES! Foreigners regardless of their Visa status can buy property.
Please let FREA be an ideal partner for helping you to find property.

PROCESSING

Get to know Japanese real estate	Agreement / Signing a contract Down payment
The property search Budget and priority setting	Housing loan application
Visiting properties	Final check of the property
Applying	Closing and Moving

COSTS

Contract-related fees

Fees related to settlement and handover

Fees incurred after property handover

Fees incurred yearly after property acquisiton

BREAKDOWN OF EXPENSES

When signing a contract

Deposit	About 10% of purchase price

Stamp Duty	200 yen up to 480,000 yen depending on the purchase price Example: Purchase price of 60,000,000 yen ▶︎ Stamp duty is 30,000 yen (The above amount is applicable for a contract of real estate sales and constuction concluded by March 31st 2018.)

Miscellaneous	About 1.7% of Purchase price

When applying for a housing loan

Stamp Duty	400 yen up to 6000,000 yen depending on the purchase price Example: Purchase price of 60,000,000 yen ▶︎ Stamp duty is 60,000 yen (The above amount is applicable for a contract of real estate sales and constuction concluded by March 31st 2018.)

When settling the remaining payment

Remainder of Purchasing Price

Purchasing Price - Deposit

Miscellaneous

About 6% - 10% of Purchasing price

● Fixed asset tax / Planning tax
● Management Fee / Restart-ion fund
● Registration costs
● Agent Fee

6 months - 1 year After Purchasing

Real Estate Acquisition Tax
Assessed Value of Fixed Assets × 3% or 4%

※Reducing Measures : Assessed Value ×1/2 when you attain the house/land by March 31st 2018.
※Reducing Measures : Assessed Value - 12,000,000 yen when Gross flooe area of more than 50sqm and not over 240sqm