Search found 38 matches

by TokyoSurvivor
Wed Oct 02, 2024 11:00 am
Forum: Spending and Frugality
Topic: Best budgeting app?
Replies: 26
Views: 8978

Re: Best budgeting app?

Any updates on these?

Last post was 3 years ago so I suspect some new ones have come along since.
by TokyoSurvivor
Wed Sep 18, 2024 9:40 am
Forum: Real Estate
Topic: Akiya Property all the rage - anyone buying one?
Replies: 29
Views: 4192

Re: Akiya Property all the rage - anyone buying one?

Here's a place built in 1900 --expensive, but it looks like it's in great shape. It's also a prime location--on a small road used by tourists about halfway between the major market and the geisha district (both major tourist draws). One pic seems to show a well, another shows a couple big tanks/vat...
by TokyoSurvivor
Sat Sep 14, 2024 8:05 am
Forum: Real Estate
Topic: Akiya Property all the rage - anyone buying one?
Replies: 29
Views: 4192

Re: Akiya Property all the rage - anyone buying one?

As I'm sure you''ve noticed in a world where property prices have generally gone through the roof (sorry), it's no surprise people from all over the world are showing an increasing interest in Japan's estimated 10 million vacant properties being sold off on the cheap. Obviously there's no such thin...
by TokyoSurvivor
Thu Sep 12, 2024 12:21 pm
Forum: Real Estate
Topic: Akiya Property all the rage - anyone buying one?
Replies: 29
Views: 4192

Re: Akiya Property all the rage - anyone buying one?

There is a reason people or local governments can’t give these properties away. If I decide to retire to the countryside I’ll find or build a nice modern, energy efficient house with some land in a place I choose to live. Most Japanese houses are not built to last more than two of three decades and...
by TokyoSurvivor
Thu Sep 12, 2024 10:17 am
Forum: Real Estate
Topic: Akiya Property all the rage - anyone buying one?
Replies: 29
Views: 4192

Re: Akiya Property all the rage - anyone buying one?

I get not buying into the "YouTuber" coming here and buying story. However, many of us here are positioned a bit differently. We may have the experience, visa and language requirements etc that make buying one a bit more of a realistic option. I do think it's a money pit if not careful and...
by TokyoSurvivor
Thu Sep 12, 2024 12:51 am
Forum: Real Estate
Topic: Akiya Property all the rage - anyone buying one?
Replies: 29
Views: 4192

Re: Akiya Property all the rage - anyone buying one?

The success stories are mostly from A. YouTubers who monetized the entire journey B. Those with carpentry skills who could add a lot of value, and revitalize a tarnished gem and little labour cost. C. Those that already knew and loved the community the old house was in. I think B and C are pretty e...
by TokyoSurvivor
Wed Sep 11, 2024 10:03 am
Forum: Real Estate
Topic: Akiya Property all the rage - anyone buying one?
Replies: 29
Views: 4192

Akiya Property all the rage - anyone buying one?

As I'm sure you''ve noticed in a world where property prices have generally gone through the roof (sorry), it's no surprise people from all over the world are showing an increasing interest in Japan's estimated 10 million vacant properties being sold off on the cheap. Obviously there's no such thing...
by TokyoSurvivor
Tue Sep 10, 2024 3:51 am
Forum: Taxes
Topic: Yearly Gift Tax Reclassified by NTA
Replies: 2
Views: 1192

Re: Yearly Gift Tax Reclassified by NTA

Has anyone had experience with this? I've seen a few laywer websites that suggest a gift contract be created in order to designate the gift amount, period and finality of the gift. Attempting to establish the gift as a single event with no future gifts planned. In addition, any regularity of gift g...
by TokyoSurvivor
Tue Sep 10, 2024 3:47 am
Forum: Inheritance/Estates
Topic: Writing a will
Replies: 18
Views: 7405

Re: Writing a will

I'm in the process of starting down this road. Having read the RetireWiki entry on wills, my plan is to put together a "Holograph Will". Anyone been/going through the process? Any tips or things I need to watch out for? How did you align with a will in another country (UK in my case)? Than...
by TokyoSurvivor
Tue Sep 10, 2024 1:06 am
Forum: Pension
Topic: UK Pension summary - National Insurance Credits?
Replies: 23
Views: 2946

Re: UK Pension summary - National Insurance Credits?

I am not sure if Japanese CGT is the same. It isn't sadly. Bit of a shock for a lot of people. You inherit the capital gains tax liability on the original purchase price, although I think you are allowed to deduct some of the inheritance tax paid from it if you sell within a couple of years. Yes, I...