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Описание: My name is Sadayasu Ito, a Japanese certified tax accountant. I am helping those who wish to start business in Japan. Please contact me if you are looking for advice.

skypeID: sadywellj
E-mail: [email protected]
From Oversea: +81-3-4405-6009 From Japan: 03-4405-6009
Sadywell Japan Tax & Accounting: http://en.sadywell.com
Facebook page:   / sadywelljapan  

For instance, if you have any of the following problems, please let me know. I am happy to help you.

I want to set up a company and start business in Japan
I need to file tax returns but do not know how to do it.
I want someone to do my company’s bookkeeping.
I want to know how I can save my tax.
I want to acquire or renew my visa.

For more details of our services, please visit our website:
http://en.sadywell.com

**Summary of today’s lecture**

Today’s lecture is “Real estate investment in Japan”

There are 6 steps for the real estate investments.
1. Prepare your financial plan
2. Search real estate properties in Japan
3. Visit Japan and check properties
4. Sign the purchase & sales contract
5. Pay and complete registration of your properties

1. Prepare your financial plan
What is your budget ?
Costs of purchasing real estate in Japan
Stamp duty, loan fees, Insurance premiums, property registration tax, registration services fees, property tax, brokerage commission, real estate acquisition tax etc.
Total costs will be 6-8% of the price of real estate

Costs after you purchased real estate properties
Property tax, city and planning tax, Income tax, utilities, property management fees, reserve funds for repairing

Costs when you sell real estate properties
Stamp duty, capital gain income tax, brokerage fee

2. Search real estate properties in Japan
Search on the internet to have a rough idea of Japanese market
Decide which area you want to purchase
Contact certified real estate broker
The most important point is find a reliable real estate broker

3. Visit Japan and check properties
Check property itself
e.g. sunshine, natural ventilation, noise etc.
Visit site under the different conditions
e.g. Morning, evening, weekday and weekend
Check the environment
e.g. School, supermarket, public safety, access to central, area, neighborhood, commutation (jam-packed train!)

4. Sign the purchase & sales contracts
Application to purchase a property
Negotiation with seller about purchase price, terms of payment and delivery date
“Explanation of Important Matters regarding the property and transaction” by broker
Signing the Purchase & Sale contracts
Advance payments (10%~20% of the real estate price)

5. Payment of outstanding balance and real estate taxes
Complete the registration of your property
Ownership of real estate property must be registered at Legal Affairs Bureau
6. Appoint tax agent
If you purchase real estate properties for investment, you need to appoint tax agent to handle tax administrative works. Tax agent can be anyone who live in Japan. Then you need to file income tax return by March 15th of the next year.