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Step-by-step guide to buy real estate in Japan

There are differnet types of taxes during the purchase, holding and sale of a Japanese property.&nbsp; Here is a breakdown of these taxes, their calculations and in what stages they will occur. &nbsp; <table style="height: 253px; width: 100%; border-collapse: collapse; margin-left: auto; margin-right: auto;" border="1"> <tbody> <tr style="height: 44px;"> <td style="width: 100%; height: 44px; text-align: center;" colspan="5">Taxes for Japanese properties</td> </tr> <tr style="height: 36px;"> <td style="width: 17.5255%; height: 36px; text-align: center;">Item</td> <td style="width: 51.8665%; height: 36px; text-align: center;">Calculation</td> <td style="width: 8.99365%; height: 36px; text-align: center;">Buy</td> <td style="width: 11.4799%; height: 36px; text-align: center;">Hold</td> <td style="width: 10.1345%; height: 36px; text-align: center;">Sale</td> </tr> <tr style="height: 18px;"> <td style="width: 17.5255%; height: 18px; text-align: center;">Stamp duty</td> <td style="width: 51.8665%; height: 18px; text-align: center;"> &nbsp; Selling price: 5-10mil: 5000 10-50mil: 10000 50-100mil: 30000 </td> <td style="width: 8.99365%; height: 18px; text-align: center;">☑</td> <td style="width: 11.4799%; height: 18px; text-align: center;">&nbsp;</td> <td style="width: 10.1345%; height: 18px; text-align: center;">&nbsp;</td> </tr> <tr style="height: 18px;"> <td style="width: 17.5255%; height: 57px; text-align: center;">Title deed registration tax</td> <td style="width: 51.8665%; height: 57px; text-align: center;">2% of land and building valuation</td> <td style="width: 8.99365%; height: 57px; text-align: center;">☑</td> <td style="width: 11.4799%; height: 57px; text-align: center;">&nbsp;</td> <td style="width: 10.1345%; height: 57px; text-align: center;">&nbsp;</td> </tr> <tr style="height: 18px;"> <td style="width: 17.5255%; height: 18px; text-align: center;">Real estate acquistion tax</td> <td style="width: 51.8665%; height: 18px; text-align: center;"> &nbsp; Land valuation* 1.5% Building valuation * 3% </td> <td style="width: 8.99365%; height: 18px; text-align: center;">☑</td> <td style="width: 11.4799%; height: 18px; text-align: center;">&nbsp;</td> <td style="width: 10.1345%; height: 18px; text-align: center;">&nbsp;</td> </tr> <tr style="height: 44px;"> <td style="width: 17.5255%; height: 44px; text-align: center;">Fixed Asset Tax</td> <td style="width: 51.8665%; height: 44px; text-align: center;">Tax valuation * 1.7%</td> <td style="width: 8.99365%; height: 44px; text-align: center;">☑</td> <td style="width: 11.4799%; height: 44px; text-align: center;">&nbsp;</td> <td style="width: 10.1345%; height: 44px; text-align: center;">&nbsp;</td> </tr> <tr style="height: 18px;"> <td style="width: 17.5255%; height: 18px; text-align: center;">Income tax</td> <td style="width: 51.8665%; height: 18px; text-align: center;"> &nbsp; Within 1.95mil: 5% 1.95-3.3mil: 10% </td> <td style="width: 8.99365%; height: 18px; text-align: center;">&nbsp;</td> <td style="width: 11.4799%; height: 18px; text-align: center;">☑</td> <td style="width: 10.1345%; height: 18px; text-align: center;">&nbsp;</td> </tr> <tr style="height: 18px;"> <td style="width: 17.5255%; height: 18px; text-align: center;">Capital gain tax</td> <td style="width: 51.8665%; height: 18px; text-align: center;"> &nbsp; Calculation: Sold price - purchase price - depreciation - other fees Within five years: 30%After five years: 15% </td> <td style="width: 8.99365%; height: 18px; text-align: center;">&nbsp;</td> <td style="width: 11.4799%; height: 18px; text-align: center;">&nbsp;</td> <td style="width: 10.1345%; height: 18px; text-align: center;">☑</td> </tr> </tbody> </table>

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How often do we need to renovate our property?

How to get financing without PR

Step-by-step guide to buy real estate in Japan