Brehs, check out the price of houses in Japan

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Can't have a bank account or live there for more than three months without marrying someone though. May be worth the upkeep if you travel their often, better than a hotel


What y'all think of forming a Coli community there something?



Found this page that had the following posts



Most of the super cheap homes are in very poor condition and need millions of yen in repairs to start. you will never make any money on them. They may also be in the middle of no where.
Getting a bank loan as a non japanese is pretty hard. Do you speak Japanese? if not you likely will need to hire someone help you. what visa do you have? you can buy a home but that does not buy you the right to live in japan.

Well. To start, you can’t just move here and work remotely. So there’s that.


Note on the remote work. There is no Visa that will allow you to stay and work remotely except the spousal visa or the permanent residency. If you don't want to get married, you have to earn the PR first to be able to do full-time remote work. Otherwise you must be working at a company in Japan in order to stay in Japan on a work visa. After getting the PR though, that restriction goes away and you are free to work remotely from anywhere.

Buying a house is doable, but there are a few important issues:

Visas. You can buy the house on a tourist visa waiver, but you can't open a bank account (which makes it hard to pay bills/property tax) or get a mortgage. You are also limited to 6 months per year in Japan on a tourist visa waiver, and you can't work on that visa (even remotely). There are some workarounds like the business visa, but they have starting capital requirements, etc.

Houses depreciate quickly in Japan, and the market for 'used' houses in Japan is abysmal. So it should not be thought of as an investment at all.

That said, I bought a vacation home in Japan last year for very cheap (paid cash, on a tourist visa) and I'm glad I did. The challenges are worth not having to pay a premium for tiny hotel rooms or AirBnbs every time I visit Japan.

I'd be happy to answer questions about buying a house on a tourist visa, since I couldn't find any information about it before I did it. There are definitely some hoops to jump through.
 

HabitualChiller

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Those houses are cheap probably for good reason. Pretty sure they are countryside Japan away from city amenities
Not necessarily. I live here and you can get a home on the outskirts of Tokyo for $60-80k.

Here's a 100k one in Chiba, which is close to Tokyo.

 

HabitualChiller

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Tsunami. Earthquakes.

So no to pointless risks. And yes to reasoning.
You could say the same thing for the tornadoes/earthquakes/hurricanes/crazy people with guns in America.

Outside of a megaquake, you're super safe in Japan.

As black men, we can get taken off the map by a cop or crazy person just because it was Tuesday:francis:.
 

IIVI

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Tsunami. Earth quakes.

So no to pointless risks. And yes to reasoning.
The way I see it is like the stock market.

No sense letting “The Great Depression” or “Housing Collapse” scare someone from investing and making generational money.
 

Ezekiel 25:17

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Not necessarily. I live here and you can get a home on the outskirts of Tokyo for $60-80k.

Here's a 100k one in Chiba, which is close to Tokyo.


Nice.

Japan doesn't recognize dual citizenship though. What would one do then?
 

HabitualChiller

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Nice.

Japan doesn't recognize dual citizenship though. What would one do then?
Either of the below after paying for the home with cash:

1. Marry a local. This is the easiest option.
2. Get a VISA as a skilled employee. Most people get a job as an English teacher just to get their foot in the door, then they pivot to something else that pays more after a year or two.
3. If you went with option 2, then you have to maintain that visa for 10 years before you can become a permanent resident.

A loophole to the dual-citizenship thing that I've seen is where people will change their name so that they have an English one for America, and one from a different country. If you don't want to game the system, then you'd have to give up your American citizenship.
 

Ezekiel 25:17

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Either of the below after paying for the home with cash:

1. Marry a local. This is the easiest option.
2. Get a VISA as a skilled employee. Most people get a job as an English teacher just to get their foot in the door, then they pivot to something else that pays more after a year or two.
3. If you went with option 2, then you have to maintain that visa for 10 years before you can become a permanent resident.

A loophole to the dual-citizenship thing that I've seen is where people will change their name so that they have an English one for America, and one from a different country. If you don't want to game the system, then you'd have to give up your American citizenship.

Sounds like a lot of hassle. You really have to want to leave America for good which i assume the vast majority of Blacks Americans don't want.
 

Low End Derrick

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fd808cd0f9fa1d301e130de6756b7291_639_480.jpeg


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On the market for just $2,284. Something even a coli dusty could afford.
 

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13.8% of houses in Japan are abandoned

Y'all think them getting the atomic dropped on them has something to do with this population decline and low birth rate?

 
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