(Sorry in advance for a topic that has been discussed before, but I feel it’s necessary to address it given the current context).
Hi everyone,
My partner and I are at a crossroads in our lives. We currently spend 3 months a year in Japan and we’ve fallen in love with a recently renovated house in Kyoto.
We live togethere in France, and our project is simple but ambitious, we want to stop being "eternal tenants" or living in sharehouses every time we visit.
We are looking for a permanent place for the next 20 to 30 years. We don't have children or other major financial projects elsewhere, as this is the project of our lives.
Our vision is a "House & Business" hybrid. We want to use the house for our quarterly stays and put it on short-term rental (Airbnb/Booking via a management company) the rest of the time to cover the costs.
Eventually, we plan to live there more permanently via a Business Manager Visa or Startup Visa (exepting that in 5 years), by exporting our current professional activities.
We are not looking to get rich, but we want to ensure that if we have to sell in 25+ years, we don't lose all our capital.It’s a huge leap, which is why we’re looking for feedback.
We hear everything and its opposite regarding market saturation in Kyoto.
Does a hybrid project (private use + Airbnb) remain viable over the long term with current regulations and the new government (knowing that the new gov seems to get more and more closed to European investing, specially in Kyoto area)
For those who bought without being permanent residents (or on a spouse visa), how did you handle the financing barrier or the eventual resale?
Have any of you successfully turned a second home into a base for a business visa later on?
we are aware of the risks, but this is our way of investing in our future. Thank you in advance for your advice and kindness! 🙏
by Glittering_Try_8656