Saturday, February 3, 2024

How to Buy a Cheap Akiya House in Japan as a Foreigner (Step-By-Step). Has my notes

against but

Yes foreigner can buy 
No extra taxes 
Know you want to relocate 
No residency if you buy 
     Will need visa 
Japanese real estate does not appreciate ….
Will have to pay cash if not a resident 
Neighbors is important - in rural areas 
Akiya banks - must also use a realtor - some owned by city 
Solar power yes 
Kyoto - will give you 2,000,000 to update a townhouse 


1 year warranty. 
5 layers of taxes 
Almost no loans available 

Taxes  1.4 + .03.   
Insurance  - fire insurance optional - 20,000 - 50,000 yen 
Utilities  100 per month. 50% electricity  water every 2 months (solar very popular) 
Property manager - 5,000 yen.  

Natural disaster areas to avoid - https://www.youtube.com/watch?v=NU3Sczj2l0c
Earthquake - 6 tsunami all over southern coast - Chiba 
Landslides 
Volcanoes - 50 super active 
Nuclear plants - 54 plants - don't buy close 
Shrinking population - I’m ok with this … - mostly mountain areas 








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