You’d die when the next big earthquake or landslide hits that home. Or when Sadako crawls out of your TV
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I can fix her.
She's crawling out of my TV cuz she wants the D.
...Diaper, she wants to change my Diaper ?
With house prices that good, I can't afford not to die!
That place is either haunted or home to some nature spirits. Either way thwy'll fuck you up.
So I can live a real-life Studio Ghibli movie!?
Sounds like having roommates
Sounds like a deal then
Honestly seems like a more dignified way to go out than in American Civil War 2: Brain Rot Edition
Don't buy these old japanese houses, they're literally made of mud and sticks and have absolutely fuck all for insulation.
Living in nature is all fun and games until you're expected to sleep in 50 degree weather while your split unit struggles to keep your paper box of a bedroom cool.
Most of the time the closest hospital is like 2-3 hours away on a bus that only comes twice a day, so you better hope you never get in an accident cause the ambulance won't come for hours and your only other hope is the only other person in neighborhood: your 90 year old neighbor who you're not sure is even still alive.
Source: lived in one for multiple years.
Edit: also when I say old I mean as soon as 1995 Before they majorly overhauled the earthquake and insulation codes nationally
for $3k i'd buy it just for the land it sits on. who cares about the house
Right? That'd be a solid investment for someone with enough money to replace/remodel the house
Sounds like Totoro. Here's you 3k I'm in.
The catch is that rural Japan is a a shithole rife with xenophobia, privacy violations, bullying, and problematic neighbors. And that's for ethnically Japanese people, so it's be way worse if you were actually a foreigner.
There's a reason why people in Japan try so hard to move away from rural areas into cities.
What kind of privacy violations? Do the neighbors peek into your windows?
Panty theft, naturally.
We hit the jackpot, boys!
Universal truth I think
Can't tell if the way small minded bigots stay away from the best parts of every country is a fun coincidence or causal.
I read a while back, a testimony from someone who grew up in small town America and then moved into the city when they were older. They explained that there is a lot of indoctrination against "cityfolk" because it's largely used as a scapegoat. As city dwellers tend to be more progressive due to their heightened social stimulation, this leads a lot of small-towners to hate the idea of progress
As others in this thread have said, buying a property in Japan doesn't extend your Visa or grant you residence in the country. This would be a waste of time if you didn't already have that lined up. However, there are countries that do. Some have what's called the Golden Visa program, or Investor/Real Estate Visa program (there are other names, but if you're doing a search, this should turn up decent results). Here's a list of some countries that do this, and the minimum amount you need to spend.
Portugal - Golden Visa Investment - €500,000 ($540k USD) or €350,000 ($380k USD) for lower population areas, or properties that need to be renovated Residency benefits - Residency permit for 5 years, with the opportunity to apply for permanent residency after that
Spain - Golden Visa Investment - €500,000 ($540k USD) Residency benefits - Residency permit for 1 year, renewable as long as you own the property, and you can apply for permanent residency after 5 years
Greece - Golden Visa Investment - €250,000 ($270k USD) Residency benefits - Residency permit for 5 years, renewable as long as you own the property, and you can apply for permanent residency after 7 years
Thailand - Thailand Elite Visa Investment - THB 1,000,000 (about $30k USD) for a 5 year Visa Residency benefits - Renewable every 5 years with no residency requirement
Ecuador - Investor Visa Investment - $42,500 in real estate Residency benefits - Grants you permanent residency
Malaysia - Malaysia My Second Home (MM2H) Investment - RM 1 million (about $240k USD) in real estate Residency benefits - Grants you a 10 year renewable Visa
Philippines - Special Resident Retiree Visa Investment - $50k in real estate Residency benefits - Grants you permanent residency
When I was looking into bailing on the US, I made a Libre Office spreadsheet with like 70 countries and all this info plus a bunch of other personal requirements for what I was looking for, so some of it may be outdated. Hell, some of it may be straight up incorrect, so feel free to double check it.
Portugal doesn't have a property based golden ticket visa as of October 2023 due to concerns that it was affecting real estate prices in cities like Lisbon and Porto. But you can still donate 250K euro in cash or invest 500K euro in a local business that leads to job creation (among a couple other investment options). Another option for Portugal is the D7 visa, which requires you to live in the country 6 months the year for 5 years, but requires foreign income of 10K euro per year. Either way, after 5 years, you're eligible to apply for citizenship.
That's... shockingly affordable if you already have equity in some real estate
Thanks for the info! I was unaware of the Spain and Portugal options, so looked it up.
Spain ended their program in January, with application deadline April 3.
Potugal ended their real estate version, but still has investment options.
Yeah I figured things would be changing soon.
I actually looked into that property once; there was no way it was going to happen for a number of reasons. I ended up buying a house in much better condition in another area.
I really need to do a video about the topic or something. There are many, many landmines with stuff like this. For a very TL;DR and assuming every single other thing is perfect: owning a home does not give you the right to spend any extra time in Japan nor grant a visa; you are on the hook for taxes, fees, septic maintenance (though the above property may have been a pit toilet; I don't remember), and other bills which will have to be paid from a Japanese bank account. There are also certain neighborhood association obligations, property maintenance, fire control, etc.
I watched a video from an American guy who did this. But he already had residence, and made it very clear that if you don't have residence, doing something like this would be a waste of time and money. He bought a massive junker of a house and it took him like 2 years and a bunch of help to make it livable. Still a good video, and still a cool idea, assuming you have certain ducks already lined up. Definitely not something to do on a whim.
I looked at doing something like this in quite a few countries, and skipped on Japan pretty quickly. Happy with my decision though.
Essentially, there's usually good reason it was abandoned.
Additionally, houses in Japan aren't really built to last. Properties like these are usually bulldozed and rebuit when purchased.
I'd have to be near retirement age while still nimble enough to renovate it and hope my pension and savings would be enough to cover the costs.
Even then, it would be difficult to navigate renovations in that environment where you don't speak the language, have no idea how their houses are supposed to be built, waste disposal and the myriad of other issues that will surely arise.
Getting a job is going to be a bitch - thus the retirement age requirement.
Getting citizenship is going to be an even bigger a bitch.
I'd be an outcast cause of my skin color and inability to communicate.
I'm sure you could find a cheap condemned shit hole in your nearest rural area too. That doesn't mean that it's a good deal.
It's so cheap because the current owner doesn't want to spend the money on demolishing the structure before selling vacant land. And if it is still available it is because no developer has looked at it and thought that they could make money on the flip.
Also watched a video about a $4K unit in tokyo because you are literally not allowed to renovate it.
Tons of places like that in Michigan, Ohio, Pennsyltucky, and all over the Midwest US. My girlfriend was scrolling through them talking about selling her house and buying one of those places on a big plot of land and thank fucking Jeebus I talked her out of it. I was like "babe, have you never seen the cinematic masterpiece 'The Money Pit' with Tom Hanks?"
My husband occasionally talks about the same things. There's no way of making real money out there, and there's no way I'm living in a small town/city ever again, unless a high six figures job somehow hinges on it.
Two weeks...
There are way more complexities than meet the eye here.
Not the least of which: just buying property doesn't give you a way to extend a visa beyond the normal tourist period (usually 90 days per 6-month period). Japan ultimately is still an isolationist country, and it shows the most in its immigration policies.