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Buying Property in Tokyo as a Foreigner: Listings, Costs and Steps
Yes. Foreigners can buy property in Tokyo without a visa or residence in Japan, with the same ownership rights as Japanese buyers. Most overseas buyers pay cash; a mortgage usually needs Japanese residence status or a company in Japan. Budget roughly 5–7% of the price for purchase costs in a cash purchase.
Can foreigners own property in Japan?
Yes, including the land, with no nationality restriction.
Do I get a visa by buying?
No. Property does not give residence status.
Can I get a mortgage?
Possible with Japanese residence status or through a Japanese company; otherwise cash is usual.
What does it cost on top of the price?
About 5–7% in cash; each listing has an initial cost simulator.
How long does it take?
Usually one to two months from offer to handover.
Can I rent it out from abroad?
Yes, through a management company; rent to non-residents has 20.42% withheld.
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