Procedure and Costs
Appointment of property search, On-site Viewing
step1
Submit Purchase Application
- ✔ Confirmation of deposit payment date
- ✔ Signature Date
- ✔ Establishment of Conditions of Purchase
Provide information before purchase
Personal
- 1. Passport
- 2. Transcript of Household Register or Sworn Statement
- 3. Seal Certificate
Corporation
- ・Certificate of corporate registration issued by the local government
- ・Declaratory statement of the representative of the corporation
- *Choose one of the two documents
step2
Signature
- ✔ Go to Japan to confirm the purchase of the item on the spot
- ✔ Pay 10% deposit
- ✔ Sign the sale and purchase agreement
Upon Purchase
Upon Purchase
- 1. Real Estate Acquisition Tax
- 2. Registration Exemption Tax
- 3. Stamp Duty
- *¥10-50 million: ¥20,000
¥50-100 million: ¥60,000
¥100-500 million: ¥100,000
Other Fees
- 1. Judicial Clerk's Fee
- 2. Earthquake and fire insurance premiums
- 3. Settlement of Kudo Tax Residual Fee
step3
Close on your new home
- ✔ Close on your new home
- ✔ Pay the remaining 90% of the final payment after confirming the condition of the house.
Holding costs
Taxes
- 1. Fixed Asset Tax
- 2. City Planning Tax
Other Fees
- 1. Property Costs (Building)
- -Management Fee
- -Defects and repairs provident fund
step4
Move in or collect rent
Occupancy
- 1. Monthly or quarterly lease reports
- 2. Tax preparation fees
- 3. .ncome tax returns
*Individuals: about 5~45%
Corporate: about 23.2%