Tax Deduction Guide For Home Owners We’re going to make some “foolish assumptions” about you. We’re going to assume that you live in Japan. We’re going to assume that you’re working, or at least receiving some kind of income in Japan. We’re going to assume that maybe, just maybe, you wish your Japanese taxes (income [...]
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Meet Michael. He’s a 59-year-old Tokyo resident. On LinkedIn, he’s a “Consultant”, an “Industry Leader.” He has “35 Years’ Experience Changing The World One Treasured Client At A Time In The APAC Region”. His LinkedIn profile contains an inspirational quote: “Choose a job you love, and you will never have to work a day in [...]
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When it comes to land, there’s no distinction between "old" vs. "new". However, when it comes to buildings, this is a decision that many new buyers face. Should you buy old (second-hand) property, or new property? Should you buy a second-hand house or a new house? Should you buy an old unit or a new [...]
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There’s no doubt that Tokyo is a great city to invest in. Last year, land prices in Japan’s capital metropolis rose for both commercial and residential real estate, The Ministry of Land, Infrastructure, Transport, and Tourism announced in March. Land prices rose by 4.2% from 2018-2019. That was after the 3.4% rise from 2017-2018. Land [...]
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The bank (or other money lending financial institution) wants to make sure that you're healthy and live until the end of your mortgage. If you passed away or became critically ill/disabled, you couldn't work and make mortgage payments. The result would be foreclosure. This would make everyone's lives more difficult at the bank. They're in [...]
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Japanese Residency/Citizenship Via Investment Several countries have residency/citizenship schemes for foreign investors. You invest a certain amount of money and get a residence visa or citizenship there. This usually requires hundreds of thousands of dollars for second-tier countries, or over a million dollars for first-tier countries. Did you know that you can become a resident [...]
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For a beginner investor without much money, buying a single apartment and renting it out might be the only choice. A wealthier investor has more options. He or she can either buy a single apartment, renting it out (or multiple single apartments, renting them out), OR he can buy a whole building comprised of multiple [...]
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We have a quiz for you. Don’t scroll down and look at the numbers below just yet. Age 65 is a commonly-cited retirement age (for example, it’s the default age to start receiving a Japanese National Pension [国民年金, Kokumin Nenkin]). What is the probability of reaching age 65 for ____? 1. American men? 2. British [...]
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Real estate—the most expensive consumer good. Or does it have to be? Look around at the newspaper headlines. The median home value in Los Angeles is $696,900. The average house price in London is £644,215 (about US$828,191). That’s the Western World. What about the East? Singapore: S$1,183,375 (US$874,372). For only HK$4.34 million (US$553,398) you can [...]
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Have you ever read Mark Twain’s famous quote, “Buy land, they’re not making it anymore”? Without a doubt, other people have told you their advice about real estate investment. They say that investing in physical real estate, the traditional way, is a “surefire method” to achieve positive ROI. Additionally, they claim it is without the [...]
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