Today it's about investing in real estate. First of all, is it possible to buy real estate for investment and receive rent? Whether you need Japanese nationality, do you need a visa? Do you need to live in Japan or can you invest without living?
The answer is that you can invest and receive rent.
First of all, when considering the purchase of real estate, it is not necessary to compartmentalize whether it is real estate for residence or real estate for investment. When purchasing real estate, the Civil Code and the Building Lots and Buildings Transaction Business Act are the main rules, and when entering into a lease agreement, the Civil Code and Act on Land and Building Leases are the main rules. Whether or not you are Japanese has no effect on the purchase of the property, and you do not have to be a resident of Japan. With regard to Act on Land and Building Leases, it is not necessary for the owner of the real estate to be Japanese, nor is it necessary to live in Japan.
Let's talk about the cases we manage.
*For Japanese corporations, the owner is a non-Japanese citizen.
*Consultation on the establishment of a corporation is also available. The details will be explained at another time.
Although the property is owned by a Japanese corporation, there are cases where the owner lives in Japan or resides outside of Japan. A foreign company establishes a new company in Japan and the rent is deposited into the newly established bank account in Japan.
If you earn rental income from real estate, you will be subject to taxes on your real estate income claim and profits. We have tax partners who are fluent in English and Chinese, so please feel free to contact us.
Tomorrow we will explain each case.
Arrows International Realty Corp.