Multifamily Investing in japan with a Partner

[Daniel Mills]

Hi Japan based investors:

I am a US citizen and permanent resident in Japan. I am a university professor with a good income. 

I am looking to buy a multi-family here in Japan with a partner - He is a US citizen who is bringing some valuable connections and resources and I am providing access to financing.

What we are thinking of doing is starting a Gōdō gaisha and then I will get a loan for the property based on my salary and residency status and then transfer the property into our company. 

Is this possible? I bought my personal residence here in Japan but I've never bought an investment property. Does anyone have a recommendation of how I could purchase a property with a partner like this?

Thanks,

Daniel

[André Anderson]

Hi Daniel,

Posting to hopefully bump this and get more attention. I am looking to do similar and am in the process of educating myself on Japanese Real Estate to do some multi-family investing (to house hack at first, and grow a portfolio beyond). 

Have you spoken with a lawyer on the process of creating the GK and how to wrap investment property with a Non-PR?  I would also take a look at tax implications in buying in your name with transferring into the company after the fact, etc and how that may affect the financing.

Are you mostly looking at buying in Shiga-ken?

Regards,

André