PROPERTY INVESTING IN JAPAN – THE LAND OF THE RISING SUN ZIV MAGEN
STEP 1: REGION
positive if inflation hits, and hope for capital gain to
provide an additional 10-15% (or not). Not to
If you'll recall, the first milestone mentioned in the
mention the horror of having to potentially liquidate
first article in this series was all about choosing the
at a major loss, should personal or financial
right country for our own personality traits. For
circumstances suddenly force a sale on me.
various personal reasons, but mostly for the sake
of keeping everything as straight forward, clear cut
Of the four countries mentioned above, Japan was
and legal as possible - particularly realtors,
the only environment that provided that kind of
property managers and tenants - my options were
potential. The only other option was to "get
initially narrowed down to Australia, New-Zealand,
creative" with rebuilds, serious renovations or
Singapore and Japan.
All of these countries
developments, etc. Which I feel, is very difficult to
seemed, after some initial enquiries, to satisfy the
manage from abroad, at least for a first time
above conditions, and also to be within my
international investor like me. Or, alternatively, to go
reasonable
taste
for Australian mining towns, which also provide
constraints. Meaning, I could reasonably expect to
similar cash flow, or better, but tend to sometimes
have legal recourse, certifiable and non-shady
"blow away" as mineral deposits dry out and local
dealers, and the physical possibility to attend in
economies take a temporary or longer term
person if something absolutely demanded my
downturn.
financial
and
personal
presence. Although, as mentioned, it wouldn't be
something I'd want to do on a regular basis, as it
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