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The following article was published in our article directory on October 18, 2010.
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Japan Hopes for Foreigners to Purchase House

Article Category: Business

Author Name: xia zihui

Recently, the Japanese Foreign Minister Maehara's remarks caused a national media and investors. Maehara early October at the Japanese Foreign Ministry, said at a news conference on the Chinese and Koreans in Japan, regarding the purchase of real estate around the "need for a number of related aspects of the legal system." Maehara also pointed out: "In Japan, very little investment from overseas. The lack of foreign investment will lead to the smooth development of economic activities can not therefore need to explore all aspects." His words, the outside world have speculated that the Japanese government to foreigners purchase the policy in Japan will be adjusted.

Policy of gradually easing

Maehara and whether remark is intended to express and bring results, first look at the Chinese people to Japan to buy a house's history. 10 years ago, Japan including the Chinese government restrictions on foreigners buying property in Japan, provides access only to obtain Japanese nationality or permanent residence status are eligible to apply for loans to buy Chinese. Therefore, in Japan the Chinese and Japanese buyers are mostly married to Chinese, they are often used to buy housing on behalf of the spouse.

After Japan's bubble economy, the emergence of the market a lot of unused real estate, and corporate or personal bankruptcy forced the closure or sale of the property. This is also the hope that foreigners in Japan related industries, especially in Japan, the main reason for foreigners to buy property in Japan. At the same time in the life and work continue to have a certain independence of the Chinese economic strength, have buyers in Japan. But they still face when buying real estate in some of the institutional obstacles, such as stringent loan conditions and complicated procedures.

In recent years, Japan's revision of the relevant laws and policies, foreign buyers in Japan, no longer have any restrictions, prior application can be submitted for approval after the event has become. Japanese companies not only in the office of the foreign employees home loans, contract workers and ordinary workers are also many who buy a house. Stay as long as the visa, the tax records of a normal person can apply for bank loans. Many annual income of three or four million yen (about twenty to thirty million yuan) in loans to buy a house overseas Chinese are successful, become the holders of fixed assets in Japan.

In recent years, with the restart of the Japanese real estate market, a variety of commercial loan buyers have emerged, for the conditions and procedures for foreign buyers continue to loose. Provide services for foreigners Real Estate Agents came into being, the purchase of overseas Chinese in Japan are also increasingly high fever.

Loans involving tax issues

From the current view, and the peak of the bubble compared to the past, or with the current hot real estate market compared to China, Japan, the price is indeed not too expensive. Japanese law stipulates that the assets behind the previous generation to the next generation of natural transfer, 60 million following property is exempt from estate duty. Of course, if the front of the gift, it would need to pay up to 44% of the gift tax.

Right now, the Japanese community is the aftermath of the bubble economy brought a high price, those idle people are looking to take over the house. However, Japan's domestic real estate speculators and then set off a real estate Xiangdao heat is not very realistic, after all, real estate has certain risks. In contrast, I believe that, in order to travel in Japan, there is a temporary foothold from which to buy a suite to live down still feasible because the quality of the Japanese house is good.

Keywords: china Gear Box, china Gate Valve, butterfly valve,

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