Overseas Vietnamese in Japan shares experience in buying, renovating houses

Tuesday, 25/10/2022 15:50
A workshop to share experience in buying and renovating houses in Japan with the participation of over 100 overseas Vietnamese in the country was held in Tokyo on October 23.
At the workshop (Photo: VNA) 

The event was organized by three 100-percent-Vietnamese capital real estate and construction companies in Japan to popularize and improve knowledge of real estate and home improvements for the Vietnamese community in Japan.

Speaking at the seminar, Vietnamese Commercial Counselor in Japan Ta Duc Minh highly appreciated the initiative of Vietnamese firms to organize the event.

The number of Vietnamese in Japan has continuously increased in recent years, making Vietnam the second largest foreign expat community in the Asian country. The demand for buying and renovating houses of Vietnamese people has also increased rapidly; however, many Vietnamese are facing difficulties in this field.

According to him, the event was expected to provide useful information for overseas Vietnamese in Japan.

Mr. Nguyen Van Da, General Director of Estate Plus in Japan, said that everyone, including non-resident people, is allowed to own real estate. House buyers can enjoy many incentives such as low-interest loans, tax exemption and reduction for 10 years, favourable permanent residence application and other supportive policies from the Japanese government.

At the workshop, representatives from the organizers shared experience in buying houses by installments, buying and renovating abandoned houses in Japan, and renting houses or using houses as business premises.

In addition, common mistakes overseas Vietnamese face in the process of buying or renovating houses in Japan were also pointed out at the event./. 

BTA

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