What are the conditions?įirst of all, the house is not really free.
It is likely that more towns will jump on the bandwagon in the future, so keep an eye on the news (or subscribe to our Newsletter). Applications have now closed and the new Okutama citizens are expected to move in in January 2019. In May 2018, Okutama, which is actually part of the Greater Tokyo Area but remotely located, joined their ranks as the town looked for housing applicants. In 2015, two towns made news with building and giving away houses to young families: Shichikashuku in Miyagi Prefecture and Tsuwano in Shimane Prefecture. While this is technically true for a handful of towns across Japan, this is certainly not commonplace yet - and the schemes to get a house are not 100% free, with applicants needing to fulfill certain conditions. By now, rural Japanese towns are so desperate for younger residents that they are giving houses away for free. read more.Ĭhances are that you have read the story before in international media: Japan’s population is declining and faced with a rapidly aging society, especially in the countryside.
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Property dealings are often complex, especially in foreign countries and we highly recommend you seek independent professional advice. This article is intended as a preliminary guide only and refers to some but not all elements required to consider in detail prior to starting any property dealings or due diligence.