Finance & Tax


*Reference price





A number of financing options are available in Japan for overseas purchasers, though obviously dependent on the purchase value of the property, the location, the applicant’s country of residence, existing assets and income. Marimo provides both assistance and consultation during the loan application process and we utilise our close connections with both domestic and offshore financial institutions to help locate our clients the best-performing loans.


Currency Japanese Yen (JPY)
Source of tax law Corporation Tax Law, Income Tax Law, Consumption Tax Law, Special Taxation Measures, Special Taxation Measures Law
Tax treaties Japan has concluded 65 tax treaties with other countries for the purpose of avoiding double taxation.
Tax authorities National Tax Agency (NTA:
Acquisition & Registration
Brokerage fee
  • Property price less than JPY 2,000,000: 5% + consumption tax
  • Property price from JPY 2,000,000 to JPY 4,000,000: 4% + JPY 20,000 + consumption tax
  • Property price JPY 4,000,000 or greater: 3% + JPY 60,000 + consumption tax

There is no need to pay a brokerage fee when the property is purchased directly from the seller.
Acquisition tax

From 3.0 - 4.0% of the fixed asset value.


Building (residence):

Building (non-residence):
A tax relief deduction is applicable for acquisition of residential Land Use Zones. The estimated value of the fixed asset is halved.
Stamp tax

The amount of stamp tax payable is dependent on the property price listed on the Purchase & Sales Agreement.

There are tax relief measures in effect for contracts signed between 31 March, 2013 and 31 March, 2014. The tax relief reduction was expanded from 1 April 2014.

Current stamp tax ranges from JPY 15,000 to JPY 540,000, and from 1 April 2014, from JPY 10,000 to JPY 480,000.
Consumption tax

From 1 April, 2017, the consumption tax will rise from 8.0% to 10.0%.


Please note that all of the prices listed on this website include consumption tax where applicable.
Registration tax

Registration tax is payable upon acquisition of either a piece of land or a building. The tax is calculated against the taxable fixed asset value, which is valued by the Japanese government once every 3 years.

Registration of land ownership: 2.0% (1.5% with tax relief)
(tax relief deduction of 0.5% in effect until 31 March, 2015)

Registration of building ownership: 2.0% (0.3% with tax relief)
(tax relief deduction for own-occupancy of 1.7% in effect until 31 March, 2015)

Registration of Mortgage: 0.4% (0.1% with tax relief)
(tax relief deduction for own-occupancy of 0.3% in effect until 31 March, 2015)

* The tax rates above are not dependent on the Land Use Zone and are flat rates that apply across all Land Use Zone categories.
Holding Period
Fixed Asset Tax

This type of property tax is 1.4% of the estimated fixed asset value on average, though the upper limit of the tax rate is 2.1% as enacted by respective municipalities.

Fixed Asset Value:
One-sixth of the fixed asset value is taxable for land areas less than 200 sqm.
One-third of the fixed asset value is taxable for land areas greater than 200 sqm.

One-half of the value of the estimated fixed asset value is deducted from the taxable amount for a period of 5 years following acquisition of a building constructed within the past year and greater than 50 sqm, but less than 280 sqm in area.
City Planning tax

The upper limit of the tax rate is 0.3% as enacted by the respective municipalities.

The standard taxable value of the city planning tax is calculated based on the tax valuation of fixed assets.

Residential property less than 200 sqm: One-third of the standard taxable value. Residential property greater than 200 sqm: Two-thirds of the standard taxable value.
Resident tax paid by tenant
Rental Income
Income tax
20% flat-rate withholding tax
When the annual income tax is filed by March the following year the owner will receive a refund.
Income tax bands
Income Per Annum Amount of Tax Payable Deduction
Less than JPY 1,950,000 =
JPY 1,950,001 - JPY 3,300,000 =
JPY 3,300,001 - JPY 6,950,000 =
JPY 6,950,001 - JPY 9,000,000 =
JPY 9,000,001 - JPY 18,000,000 =
JPY 18,000,001 - JPY 40,000,000 =
Greater than JPY 40,000,000 =
JPY 97,500
JPY 427,500
JPY 636,000
JPY 1,536,000
JPY 2,796,000
JPY 4,796,000
Capital Gains tax When a capital gain is generated on the disposal of a fixed asset, the following capital gains tax is applied.
a) Short-term capital gains (less than 5 years): 39% (income tax: 30%, resident’s tax 9%).
b) Long-term capital gains (equal to or greater than 5 years): 20% (income tax: 15%, resident’s tax: 5%).
* The holding period is calculated from 1 January.
Withholding tax 10% of sales price (fully credited after tax returns filed)
Surtax A 2.1% surtax will be levied on the withholding tax and income tax for certain Japan-source income arising from 1 January, 2013. Residents of countries with tax treaties in effect with Japan may be able to receive a partial or full refund on this surtax.
Useful Links
URL Ministry of Land, Infrastructure, Transport and Tourism 
National Tax Agency 
Ministry of Economy, Trade and Industry
Statistics Bureau, Ministry of Internal Affairs and Communications
Financial Services Agency
Japan External Trade Organization

Contct Us
Phone +81 3 6774 1668Mail FormFAQ

* Our multinational team accepts both written and spoken queries in English and provides language support for speakers of Mandarin and Bahasa Malaysia.

Each of us investment team members are expert professionals at property investment advisory, with an acquired know-how of Japanese property investment. We are more than happy to support you by helping you develop your ideas about the properties in the pursuit of your goals. Also, our multinational team welcomes any inquires in English and can provide additional support for speakers of Mandarin and Bahasa Melayu.