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?
www.akiya-mart.com
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What y'all think of forming a Coli community there something?
AkiyaMart - Japan Real Estate and Akiya Listings in English
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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.