If you’re considering purchasing property in Japan as a foreign buyer, one of the first questions you might have is: Can I get a mortgage from a Japanese bank?
The answer: it depends—mainly on your residency status and the property’s location.
🚫 For Non-Residents
Most Japanese banks do not offer mortgage loans to non-residents, making it extremely difficult to finance a purchase without living in Japan.
✅ For Foreign Residents
Foreign residents—especially those with permanent residence or a long-term work visa—may be eligible to apply for a loan, depending on factors like income level, employment history, and visa status. However, the process can be time-consuming and heavily document-driven, even for qualified applicants.
📍Location Matters
Japanese banks are also selective about what kinds of properties they’re willing to finance. Generally, they prefer homes in urban areas such as Tokyo, Osaka, or Kyoto. In contrast, rural, remote, or even resort properties are often seen as higher risk and may be harder to finance.
💡Our Advice: Buy in Cash if You Can
Because mortgage approvals in Japan can take time and are often restrictive, we advise different approaches depending on your residency status:
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For Non-Residents:
We generally recommend purchasing in cash. This ensures you can move quickly and secure the property without delays. -
For Foreign Residents:
If you’re living in Japan and planning to stay long-term, a cash purchase followed by refinancing is often the most efficient route. This allows you to acquire the property first, then apply for a loan under better terms once the ownership and financial profile are in place.
💰 Why Cash Buyers Have the Advantage
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Fast and smooth acquisition without the delays of loan approval
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Stronger negotiation position — sellers are often more willing to accept offers from cash buyers
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Less risk of losing the property due to financing complications
💬 Ready to Explore Your Options?
At Solid Real Estate, we specialize in working with international clients in Japan’s property market.
With deep market knowledge, bilingual support, and extensive experience in cross-border transactions, we offer strategic, personalized advice—whether you’re relocating, investing, or searching for a second home.
Let us help you find the perfect property to match your lifestyle.
📩 Contact us today to begin your search.
