GUIDE
Investment Guide
INVESTMENT GUIDE
Before you own property in Tokyo
Since its founding in 2004, TAISEI Co., Ltd. has worked with real estate in the Tokyo area.
For those living overseas, or who have only recently begun life in Japan, Japanese property transactions can involve much that is hard to follow, from the legal framework to commercial customs.
Buying a property is not the goal in itself.
For what purpose will you buy, how will you hold and operate the property, and what will you do with it in the future? It is important to think ahead, from before the purchase to what lies beyond it.
This investment guide introduces, in four themes, the points worth knowing when owning property in Tokyo, from starting your search through acquisition, ownership and operation, to an eventual sale.
If anything is unclear or concerns you, please feel free to consult us at any stage.
In addition to Japanese, we can assist you in Chinese, English and Korean.
CONTENTS
Four themes
OVERVIEW
If this is your first investment
First things to consider
Before you begin investing in real estate, there are a few things worth thinking through.
Your investment objective
Will you focus on monthly rental income, or look ahead to a future sale?
Or is your aim to preserve assets or to plan for inheritance?
The suitable area, property and form of ownership change with the objective. The first step is to be clear about why you want to own property.
The name in which you hold the property
Tax treatment and other matters differ depending on whether you hold the property as an individual or through a Japanese company you set up.
Specific decisions need to be confirmed with a specialist, but we recommend thinking about the form of ownership from the moment you begin looking for a property.
Budget and funding plan
Besides the property price, a range of costs arise at purchase, such as taxes, brokerage fees and registration costs.
It is important to know in advance the total amount the purchase will require, including how much of your own funds you will prepare and whether you will use financing.
Operating the property after purchase
Once you have bought, ongoing work is required: tenant recruitment, rent administration, building maintenance and repairs, tax filing and so on.
If you live overseas, it is also important to consider in advance a management company you can entrust with matters on the ground.
SERVICE
What TAISEI can do
From introducing properties and guiding you on site, to the purchase application, contract, settlement and handover.
And on to rental management and repairs after the purchase: we support you through a single point of contact, from acquisition through ownership and operation.
We also work with specialists in each field, such as judicial scriveners, tax accountants and administrative scriveners.
Where specialist judgement is needed, as with registration, tax or residence status, we introduce specialists as necessary and help you keep the whole process in view.
NOTICE
Using this guide
This guide has been prepared as information to help you understand the basic ideas and general mechanisms of real estate investment in Japan.
Rules such as tax rates, relief measures and the requirements for residence status may change, and conditions in the property market also vary over time.
When actually acquiring or operating property, please check the latest information at that time and consult specialists in the relevant fields, such as tax, law, registration and residence status.
TAISEI supports your decisions, working with specialists in each field as needed.
CONTACT
We welcome your enquiries and requests for materials
After hearing about your budget, preferred areas, investment objective and the yield you have in mind, we will propose properties that match your wishes.
In addition to Japanese, we can assist you in Chinese, English and Korean.