How to Buy Your FIRST House in Japan as a Foreigner (Step By Step)

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  • Опубліковано 26 лис 2024

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  • @shumatsuopost
    @shumatsuopost  Рік тому +7

    What's your biggest challenge with buying a property in Japan? 🏠
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    FREE Live Session on How to Buy Your First House in Japan in 90 Days -www.postfi.co/registration-page

    • @mre4040
      @mre4040 Рік тому +3

      Dare I ask, if a person pays good money for the insight offered in your course elsewhere, how then can one reconcile the key components being thrown out there gratis? Does one not cut off one's nose to spite ones own face? Does one not kneecap his own efforts while disenfranchising the very viewership and paying customer he seeks to engender? I question most politely, the wisdom of this. Perhaps reconsider your present course? Shooting of both feet seems unwise.

    • @ArbyCreeper
      @ArbyCreeper 11 місяців тому

      The biggest challenge is having the thought of if you really wanna actually live in that house for the rest of your life, as they’re not worth anything. I work in a relatively large company and so it will be easy to get financing and the interest rate are cheap. However, unlike the United States, it will be a challenge to sell a house and the price will never go up. Also houses here are small and if you want a house with a yard and a garage to put your car and tools, it’s going to be difficult as well

    • @Gary-xx4fm
      @Gary-xx4fm 12 днів тому

      😊

  • @ginay4878
    @ginay4878 4 місяці тому +11

    I’m watching this 7 months after it first went up. I just checked exchange rate, 158 yen per 1 usd

  • @Lakcha3
    @Lakcha3 6 місяців тому +8

    I really enjoyed watching your input as I’m interested going back to live in Japan after my military career .
    Thank you for sharing

    • @zebbzzz
      @zebbzzz 5 місяців тому

      samee haha

  • @KairouzVisual
    @KairouzVisual Рік тому +4

    Super informative video! I’d like to know how the difference is with an apartment? If you want to start small. How do you calculate rent, what are the problems you can face since the room is yours but not the building? Can you renovate the room however you want? What about the aftermath of you purchasing something? How do you rent out your property. How do you pay tax. How do you makes sure your tenants can pay there rent/ contract etc. Thank you again for such amazing videos!

    • @shumatsuopost
      @shumatsuopost  Рік тому +5

      Thanks for your kind words! I personally don't recommend investing in apartment units because you don't have much control unless you own the whole building. Tenants - you want to have a good screening system.

  • @jeremytome
    @jeremytome Рік тому +6

    Thanks Shu, great info.

  • @bdsthelabel
    @bdsthelabel Рік тому +3

    I will buy real estate in Japan! Love you Shu💛

  • @martinwhite1317
    @martinwhite1317 21 день тому

    Thanks Shu.
    僕は今日本に来てますよ.空き家見に行くわけじゃないけど。明日僕滋賀県まで見に行きますよ。シユさんのビデオ見たら本当にお勉強ニナそしてこれからもっと楽になってます。。ありがとうございます。

  • @KateMorganStyle
    @KateMorganStyle 8 місяців тому +2

    I’m reading your guide it’s pretty good -

  • @ShinoYoku
    @ShinoYoku Рік тому +3

    Hey, Shu love your content! count me in! thank you brother! this is really cool and great business would like to learn more about this looking forward for the live session!

  • @catherinehowell7893
    @catherinehowell7893 Місяць тому

    Thank you for your informative video. We're considering buying as our son was raised in Japan for three years and misses it so much. We visit our friends there each year and plan on moving to Japan when our son attends university.

  • @iqbal1374
    @iqbal1374 11 місяців тому +8

    Nice video with good quality explanation 💯

  • @cocolenchojapan
    @cocolenchojapan Рік тому +3

    Great content as usual. I renovated an Akiya and documented on my UA-cam channel. I have many people ask for purchasing advice, but I don’t consider myself an expert. I will refer them to you. Thanks

    • @shumatsuopost
      @shumatsuopost  Рік тому +1

      Thank you for your kind words! That would be wonderful - appreciate it!

    • @cocolenchojapan
      @cocolenchojapan Рік тому +1

      For sure!

    • @PwningGerZ
      @PwningGerZ Рік тому

      @@cocolenchojapan
      ​​⁠​⁠​⁠lol. This is the last guy that you should refer to anybody.
      Remember this guy boast that he owns multiple family housing units in countries that are suffering from high rent and house prices because in those countries, they don’t have the same philosophy like Japan when building houses.
      He’s hardly an expert, just a regular guy who’s taking advantage of people, he just speaks English and Japanese. Once he find you an “investment” house it’s your problem all the way, which he doesn’t cover everything in any videos that he made.
      In Japan there’s a saying, “Prepare to lose it all”.
      Remember if anything happens to a house, flooding, landslide, volcanic eruptions, tsunami and earthquake, when your insurance doesn’t pay the value of what you spent, you’re SOL. That $250,000 you spent isn’t much when you build a new house in Japan.
      Land that doesn’t have a house in it will pay “six times” the property taxes.
      The houses that he’s advertising is being sold for a reason. It’s not viable long term to be it being in your name, either because it’s a dying town due to low birth. There’s a reason that municipalities all over in Japan are having a hard time finding the owners of these houses. The sellers are selling them because it’s a money sink for them since there’s no industry to support them. It’s happening within Tokyo metropolis itself.
      Houses in Japan is more of a liability since Japan is not building what it really need, which is a “business industry”. The industry who will raise land prices in the places that having abandoned housing crisis.
      What are you really buying in Japan is the price of the land and the “hope” that someday Japan will get their💩 together so the land prices go up.
      It’s up for you to decide if you want to “invest” your money. There’s a very high probability you will end up like the one who’s selling the house because it became a burden or the one whose municipalities having a hard time to look for you because they can’t find you because you “abandoned” it.
      Oh, may I remind everybody that the “Big One” is coming.

  • @johnpiroz7075
    @johnpiroz7075 Рік тому +37

    Most good deals in Japan will be buy by real estate office before getting online, unless you negotiate with the seller directly it’s hard to fine sweat deal in Japan like western countries

    • @thehive7571
      @thehive7571 6 місяців тому +4

      What you talking about just got a place for 5k in Tokyo!

    • @HIGHSOCIETYJAY
      @HIGHSOCIETYJAY 4 місяці тому

      Where ???​@@thehive7571

    • @HoopsNNature
      @HoopsNNature 4 місяці тому +2

      ​@@thehive7571who did you go through??

    • @thehungrygoldfish
      @thehungrygoldfish 3 місяці тому +1

      @@HoopsNNatureBeyonce

  • @anthonyfaux7346
    @anthonyfaux7346 Місяць тому

    Awesome clip mate. Very thorough and informative

  • @shopperorder6115
    @shopperorder6115 4 місяці тому

    Loved it. Once we are ready, will work with you and your company to ID a property and purchase.

  • @notapplicable5403
    @notapplicable5403 Рік тому +6

    Why don't properties here in Japan appreciate over time? We always hear that they don't but never an explanation, except from that one French guy that you interviewed awhile ago who said houses here don't appreciate simply cause owners in Japan don't do regular upkeeping and renovations, unlike owners abroad. Any thoughts?

    • @firstclassfool3946
      @firstclassfool3946 Рік тому +6

      Not only do people ignore maintenance, but older homes are seen as obsolete in regards to natural disaster safety.

    • @yessir8089
      @yessir8089 5 місяців тому

      Earthquake norms change over the years and older home don't respect them, hence they feel unsafe.

  • @kelumakuratiya859
    @kelumakuratiya859 Рік тому +2

    Very appreciate, thank U very much Brother!

  • @Geschaefer
    @Geschaefer 2 місяці тому +2

    I was just signing up for your website to look at vacation and rental home purchases - then i got to the part where you're trying to charge me up front....

  • @kwoklui
    @kwoklui 2 місяці тому

    Thank you for the helpful information. I am also interested in purchasing a property in or around Tokyo. It has been a real challenge for me to find a property that allows for rebuilding, within a 15-minute walk from a train station, 30-45 minutes from Tokyo Station, in a flood-free area with potential population growth, and at an affordable price as per some of your videos. Maybe I need to lower my criteria.
    Just so some of your audience is aware. Although Akiya properties are very affordable, I read that residential houses built before 1998 are not equipped to withstand or meet the standards for major earthquakes. Also many locations within the Tokyo 23 wards and nearby cities are also subject to floods and landslides during typhoon season.

  • @mtmoriah08
    @mtmoriah08 2 місяці тому

    Just watch your video today and you got me interested more Shu ! One thing, are there any one floor plan houses that are for sale?

  • @Mechaxthemaskedgamer
    @Mechaxthemaskedgamer 4 місяці тому +1

    Hi, I love this explanation but I had a question. What if you're planning on moving to Japan? Can you still buy a home in Japan to live in even if you don't have permanent residency? I'm planning on moving out of the United States within the next few years and I was plotting on being a homeowner for I plan on moving to Japan with a business Visa or what I believe is now called a business manager's visa and I was fluttering if I could buy a home prior to getting permanent residency

  • @emilianogabriel9613
    @emilianogabriel9613 20 днів тому

    When I first visit Japan was 1977 Aug. $1 to 300 Yen you can buy a cup of soup at Motomachi station for 300 yen

  • @emilianogabriel9613
    @emilianogabriel9613 20 днів тому

    Were planning to move in Japan next year and planning to buy a house we Live now in Las Vegas

  • @PURANSINGH-ig4ve
    @PURANSINGH-ig4ve 2 місяці тому

    Great information 👏💕

  • @eskay2012
    @eskay2012 Місяць тому

    Who pays for the agent’s commission? Buyer or seller? And what is the percentage?

  • @sonomama82
    @sonomama82 7 місяців тому

    What about buying a new house? Do you have any videos about that?

  • @georgequek7996
    @georgequek7996 Місяць тому

    I prefer apartment or condo here in japan and Thanks-Arigatou Shu.👍🙏

  • @gracedoglover
    @gracedoglover 13 днів тому

    Will you hold another free seminar in How to buy your first house in Japan in January 2025?

  • @godlysovereign3414
    @godlysovereign3414 13 днів тому

    I know this video is old but any good recommendations on international banks?

  • @nikshan13
    @nikshan13 8 місяців тому +1

    very well made video! would love to connect with you...kudos for the good work

  • @emilianogabriel9613
    @emilianogabriel9613 15 днів тому

    Next year were planning to take vacation in Japan and look for some house that good to our budget as of now we dont know how buy Akiya house

  • @Dipper964
    @Dipper964 4 місяці тому +5

    I'm looking to purchase a home in Japan, but do I need a long term visa or perm residency? I'd like to Airbnb and use it as a vacation home

    • @bleachedout805
      @bleachedout805 4 місяці тому +1

      From what I looked up you don't need a visa to own a home in Japan. After finding this out I am considering buying a house there as a vacation home and renting it out when I am not using it.

  • @jeromelansang2168
    @jeromelansang2168 Місяць тому

    Hi. If I purchase property, do I need to renovate it immediately or would it be ok to let it sit for a bit for a few years until I can come there to stay for a bit to renovate? Thank you

  • @tonycamacho4455
    @tonycamacho4455 6 місяців тому +2

    Shu san how do I contact for assistance, I live in Kamakura and the over tourism is driving out. I’m thinking we can find a very nice upscale abandoned home.

    • @shumatsuopost
      @shumatsuopost  6 місяців тому +1

      You can fill out one of these forms so I can help you:
      Akiya Income Generator (for rental properties): forms.gle/7ySUCdpiLVy9mHoy9
      Japan Akiya Assist (for vacation homes): forms.gle/1A7FHHJxqHfuuUjh7

  • @riedandan6519
    @riedandan6519 Рік тому

    私の妻は日本人で、私はハパです。妻は京都の不動産投資家数名と家の改築を手伝ってくれている建設会社のオーナー数名を知っています。 ダニエル

  • @matkoniteat
    @matkoniteat 11 місяців тому +1

    If I rent an apartment, how can I receive the rent money if I don't have a bank account in Japan? Is it possible to open a bank account as a foreigner?

    • @shumatsuopost
      @shumatsuopost  11 місяців тому +1

      Yes, it is. If you're not a resident, you would need to form an entity. You could also have a rental property without a Japanese bank account. You'd just need to hire a property manager that can send you money overseas.

  • @ronisworld2916
    @ronisworld2916 6 місяців тому +1

    I love that joh, genkan and that niwa

  • @aaaronme
    @aaaronme 3 місяці тому

    14:45 "show your residency outside of Japan", is this required so ppl don't live there full time? What if the plan is to actually live there full time, would it be required to first get a residency and then the house could brought?

  • @freetravel8472
    @freetravel8472 28 днів тому

    So if I buy a house in Japan and can’t get a residency permit or a renewable one year visa , how can I use this house and care of it ?😅

  • @jericho82
    @jericho82 10 місяців тому

    When you say, Sharelease hold, does it mean LONG TERM LEASE? if so, how many years is the minimum lease? 25 years?

  • @misterbalrog
    @misterbalrog 4 місяці тому +1

    20 years is an old house? We just bought an 80 year old house in Sweden in order to afford housing... :P

  • @katonk9401
    @katonk9401 8 місяців тому

    Do you have to close in person if living abroad?

  • @Ru4444
    @Ru4444 8 місяців тому

    How much post FI charge for this service? Im seriously considering, thank u

  • @davidoff9165
    @davidoff9165 2 місяці тому

    I am from Australia, very serious about buying my first rental property in Japan. How do I get in touch?

  • @dw1508
    @dw1508 3 місяці тому +1

    Do sellers have to declare if there has been a death in the property?

    • @erwin734
      @erwin734 3 місяці тому +1

      Most likely there would be. Old ppl live alone in the house with no carer will definitely die alone.

  • @johnpiroz7075
    @johnpiroz7075 Рік тому +1

    Hi, can you please tell me where in Japan you can buy a house for 10 million yen and rent it for 100 thousand yen.
    Thanks 🙏

    • @shumatsuopost
      @shumatsuopost  Рік тому +3

      Many places. Likely within 45-60 minutes outside of a major city.

  • @remotejjk
    @remotejjk Місяць тому

    I really want to buy after i retire

  • @mukeshvig174
    @mukeshvig174 11 місяців тому

    How about opening a bank account in Japan for foreigners ?
    I hear that’s a complex issue and won’t work unless a Japanese gives you his or her reference.
    Thanks

  • @shaulheymans
    @shaulheymans 3 місяці тому

    Can foreigner apply for internet for Akiya House? If I am there only on travel visa.

  • @andyv8889
    @andyv8889 4 місяці тому

    Ok, is “rinobehshon” a genuine Japanese word or an adopted Anglo-Saxon word?

  • @francineross686
    @francineross686 3 місяці тому

    I'm interested, first time buyer also renting interested as well until purchase please ty

  • @ModernGear-e3b
    @ModernGear-e3b 4 місяці тому

    We are wondering if you can help us find a Japanese realtor that can speak English so we can buy a home in Osaka? Your help is appreciated

  • @martinlira1072
    @martinlira1072 10 місяців тому

    So, if I intend to buy a house for me to move in but renting it out as an airbnb... Can I still buy it under my name or as an entity?

    • @Ninsidhe
      @Ninsidhe 7 місяців тому

      So you’re planning on doing the same thing that is destroying housing in western countries because it’s too expensive to buy a house now in western countries? How unsurprising- cashing in on a country that you have ZERO intention to give back to. Utterly gross. I hope Japan closes its doors to this kind of culture destroying scam.

  • @mr.ghostjrr
    @mr.ghostjrr 3 місяці тому

    Can you help me get a house for a people of 4 we’re planning of leaving from the US around August or July on the 2025

  • @pointandshootvideo
    @pointandshootvideo Рік тому

    Is it easy for a foreigner to find a contractor to renovate a home in Japan? Have you developed a network of contractor who will work for foreigners? My conerns are being overcharged or unreasonable delays. Thanks!

    • @shumatsuopost
      @shumatsuopost  11 місяців тому +1

      I wouldn't say it's "easy" but it's very doable. I would say it's not the "how" it's always the "who."

  • @alexanderjohnson8945
    @alexanderjohnson8945 4 місяці тому

    Thank you🙏

  • @amitgohil804
    @amitgohil804 3 місяці тому

    Dear Sir I M Amit living in Brasil I m Indian. my future goal is to buy house in Japan I m regulerly wathcing your you tube.

  • @rickymead5282
    @rickymead5282 Рік тому

    Is it possible for someone with 20000 USD to buy an akiya, renovate it or fix up anything that needs to be fixed and to rent it out in a good area near a railway?

    • @shumatsuopost
      @shumatsuopost  11 місяців тому +3

      $20K to buy and renovate? Might be possible but very unlikely to meet your criteria.

    • @rickymead5282
      @rickymead5282 11 місяців тому

      @shumatsuopost Thanks for your honesty. Its rare these days. I dream of owning a akiya and have renovated many homes here in Australia. In your opinion what do you think the average is roughly for something in a good area close to public transport?

  • @thehive7571
    @thehive7571 6 місяців тому

    What website are you on I’m looking to buy but need help

    • @shumatsuopost
      @shumatsuopost  6 місяців тому +1

      You can try Suumo and AtHome JP.

    • @thehive7571
      @thehive7571 6 місяців тому

      @@shumatsuopost I will check them out thank you!

  • @notapplicable5403
    @notapplicable5403 Рік тому

    Are seller's agent's commissions usually paid by the buyer?

    • @notapplicable5403
      @notapplicable5403 Рік тому

      And are they the typical 4-6%ish of the sale price?

    • @hermanklunder789
      @hermanklunder789 Рік тому

      Its usually 3% each,buyer /seller @@notapplicable5403

  • @vktravellog1242
    @vktravellog1242 5 місяців тому

    I have family in Japan and he is right. Older the building gets the less it’s worth. My aunt demolished her home and build a smaller one

  • @kuraabella
    @kuraabella 4 місяці тому

    Shu im ready to buy a house in japan. can you just help me with it? I’ll pay for your time of helping me.

    • @shumatsuopost
      @shumatsuopost  4 місяці тому +2

      You can fill out one of these forms so I can help you:
      Akiya Income Generator (for rental properties): forms.gle/7ySUCdpiLVy9mHoy9
      Japan Akiya Assist (for vacation homes): forms.gle/1A7FHHJxqHfuuUjh7

  • @itsmarklamesa
    @itsmarklamesa 6 місяців тому

    Can I live in Japan with just tourist visa or even expired? If I bought real estate in japan?
    Sorry i have no time watching the video.

  • @MohitSingh-kk4fr
    @MohitSingh-kk4fr 7 місяців тому

    what kind of visa will I get if I own a house in Japan as a non-resident what I mean to ask here is can I live here indefinitely? do answer thank you

    • @web2yt488
      @web2yt488 3 місяці тому

      For you, you won't get one

    • @MohitSingh-kk4fr
      @MohitSingh-kk4fr 3 місяці тому

      @@web2yt488 Thank you for your response. My question was specifically about the types of visas available for non-residents who own property in Japan. I appreciate any information or guidance on this topic. Thanks!

    • @raguccy
      @raguccy 3 місяці тому

      @@MohitSingh-kk4frthere is NO visa for property owners in japan

    • @thehungrygoldfish
      @thehungrygoldfish 3 місяці тому

      @@MohitSingh-kk4frThere are no permanent visas for foreigners. Nothing is permanent.

  • @jennytai88
    @jennytai88 5 місяців тому

    What is the average rental yield? Only 1%?

    • @web2yt488
      @web2yt488 3 місяці тому

      Post taxes, you'll see most properties in Japan are not good investments

    • @thehungrygoldfish
      @thehungrygoldfish 3 місяці тому

      5 billion percent!!!!!

  • @mikebigtrucks
    @mikebigtrucks 2 місяці тому

    Dont wanna buy in Tsunami or Landslide areas....nor do i want to live in the City..

  • @danielr3085
    @danielr3085 Рік тому

    Is there a way for foreigners over 60 can retire to Japan?

    • @shumatsuopost
      @shumatsuopost  11 місяців тому

      Yes - passive income from rental properties :)

  • @ricadonnauy8175
    @ricadonnauy8175 19 днів тому

    Hi Shu. I have watched a few of your videos. I am in Japan now with my husband and we are looking for properties for sale. Was wondering if you are around and can help us. Is there a phone number we can call?

  • @Ninsidhe
    @Ninsidhe 7 місяців тому +1

    “Overseas investors”- cue the house price madness and land hoarding in Japan via western capitalistic mindset towards environment in 3, 2, 1….

  • @bourgogneguillaume
    @bourgogneguillaume 9 місяців тому

    dead link.

  • @TheATOMICGOBLIN
    @TheATOMICGOBLIN 5 місяців тому +1

    Can't wait for this process to be expedited by Bitcoin.

  • @TheBillaro
    @TheBillaro Рік тому +7

    1. learn japanese.
    2. got it? ok you are ten years older. now, apply for a resident permit.
    3. 1-3 years down the road. great. you are a resident who can speak the language and owns a house!
    4. the locals start busting your balls. get ready for some community service.
    5. get married.
    6. get divorced
    7. go home.

    enjoy 😅

    • @microchipmatt
      @microchipmatt 7 місяців тому +1

      Did you have this experience?

  • @MrspidySpidy
    @MrspidySpidy 7 місяців тому

    Bro can 😅 a Pakistan forner live in japan easily and buy a house

  • @enochwong261
    @enochwong261 23 дні тому

    should anyone wanna buy a countryside house in Hong Kong, and have a renovation, please feel free to contact me

  • @Jamtron88
    @Jamtron88 2 місяці тому

    5:58 Ahahahahahahaha 🤡

  • @BookAndVlogs
    @BookAndVlogs Рік тому

    nice video who does ur video editing? @shumatsuopost