RENOSY

For salaried workers in Japan, building wealth beyond your monthly paycheck feels harder than it should be. The tax system is not exactly designed to reward passive income — but it does offer several well-structured pathways if you know how to use them together. Most foreign professionals in Japan start with NISA or iDeCo. Both are excellent. But there is a third pillar that many overlook entirely: rental real estate investment. When combined thoughtfully with tax-advantaged accounts, real estate can do things that stock market investing simply cannot — most notably, it can reduce the income tax you pay on your salary right now, not decades from now. ...

This article contains affiliate links. If you use a referral link to sign up for a service, we may earn a commission at no additional cost to you. You have a stable job in Tokyo, you have been here a few years, and now the thought keeps surfacing: should I buy property in Japan? Maybe you have heard colleagues talk about Tokyo’s consistently high occupancy rates. Maybe a Japanese co-worker casually mentioned they bought a studio apartment in Shinjuku-ku as an investment. Or maybe you stumbled across RENOSY and wondered whether a foreigner can even participate. ...