Stop wasting money on rent and start your journey to owning a home in Japan. Learn 5 essential tips about visas, credit, and bank loans to make your dream come true.

Why do you still rent a home in Japan because you think foreigners cannot buy property?

This is a big lie you heard since you came to Japan. Many foreign families keep throwing money away every month on a shakuya (rented home) just because they are afraid of paperwork or think their visa does not allow a housing loan.

The truth is that Japan is one of the best places in the world to own a home, thanks to low interest rates and easy credit for people who plan well. If you have a stable job and the dream of stopping renting, your own home is much closer than you think. But pay attention: you need a good plan to make the bank say yes.

5 golden tips to buy your house in Japan

Before you sign any contract or pay money for a property, you need to understand how the Japanese system works so you do not fall into traps:

• Your visa makes a big difference: Although foreigners can buy homes, the bank will check your visa. The eijūken (permanent residence visa) is the safest way to get the best interest rates. If you do not have it yet, you need careful planning to get approval.

• Watch your credit score: Paying utility bills, phone bills, or cell phone payments late destroys your chances. Japanese banks check your financial history very strictly. Before you try for a loan, clear your name and fix your bills.

• Down payment is not everything, but it helps a lot: If you do not have the eijūken or cannot speak Japanese well, a down payment (usually around 20% of the property value) can be the deciding factor to get your loan approved.

• Extra costs besides the house price: Do not look only at the house price. You must save money for taxes, registry fees, real estate agency fees, and kasei hoken (mandatory insurance). Plan to have about 5% to 10% of the total value for these fees.

• The importance of a stable job: Banks do not lend money to people who look risky. How long you work at the same company and your income shown in the gensen chōshūhyō (annual income certificate) are the documents that define your success.

Where should you start?

The biggest mistake for people who want to buy a house is trying to do everything alone and getting the loan denied because of paper mistakes. Ji Consulting has spent 20 years helping foreign families achieve the dream of owning a home, treating each case with the seriousness your financial future deserves.

If you want to know if your current profile allows you to buy, or how to prepare to get your eijūken to make your loan easier, contact us today. We offer support in English (LINE or WhatsApp).

Atendemos em AICHI-KEN, SHIZUOKA-KEN, MIE-KEN, GIFU-KEN, SHIGA-KEN, KYOTO, OSAKA, FUKUI-KEN, ISHIKAWA-KEN, TOYAMA-KEN, NAGANO-KEN, YAMANASHI-KEN, KANAGAWA-KEN, TOKYO, SAITAMA-KEN, CHIBA-KEN, IBARAKI-KEN, GUNMA-KEN, TOCHIGI-KEN, somente na categoria de compra ou venda.