FAQs
The following FAQs and corresponding answers are provided curtesy of our good friends at LJ Hooker Niseko and are posted on the Niseko Riverview Estate website…
- Can foreigners buy real estate in Japan? If so what is the procedure involved?
- Are their any penalties for defaulting on contracts?
- Is all land in the Niseko area freehold title and does leasehold title exist?
- What are footprint and floor area ratios for Niseko?
- How many square metres is a tsubo?
- What does the solicitor do for the money I am paying?
- At what rate do buildings depreciate in Japan?
- What taxes are involved in purchasing Real Estate in Japan?
- Do I need a tax manager?
- How much is capital gains tax in Japan?
- How do I arrange a land survey?
- What is the Innkeeper’s License?
- What are the costs of building in Japan?
- Is it easy to build in Niseko?