How Foreigners Can Sell Inherited Real Estate in Japan: Legal & Tax Steps | 渋谷の不動産売却なら株式会社Assetters | ブログ

Inheriting an apartment, house, or land in Japan as an overseas resident involves navigating Japanese inheritance tax laws, cross-border asset probate, and mandatory title registration (Inheritance Registration Reform / 相続登記の義務化). Many foreign heirs find themselves managing vacant properties (Akiya) long-distance while incurring ongoing fixed asset taxes (Kotei Shisanzai) and building management fees without receiving any income.

1. Title Registration (Inheritance Registration): Under recent changes to Japanese law, registering inherited real estate title changes is strictly mandatory. We coordinate with bilingual scriveners to complete this initial legal transfer.

2. Evaluating Property Market Value: Inherited properties—especially older residential structures—require accurate local valuation to determine whether a open-market brokerage listing or direct cash buyout is best.

3. Managing Inheritance & Capital Gains Taxes: Foreign heirs must account for both Japanese inheritance tax deadlines (within 10 months of passing) and potential capital gains taxes upon sale.

For foreign heirs who want to avoid ongoing property maintenance, international communications with local utility companies, and lengthy listing periods, selling directly to a professional buyer for cash offers an efficient, hassle-free resolution.