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sidjameson
Joined: 11 Jan 2004
Posts: 629
Location: osaka
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 Posted: Sat Jun 17, 2006 10:51 am Post subject: Residency |
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| Just found out that if I have residency I get a tax break if I buy an apartment. Anybody know what is needed to get the residency permit? Can I get it after 8 years living here? |
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PAULH
Joined: 28 Jan 2003
Posts: 4672
Location: Western Japan
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| Posted: Sat Jun 17, 2006 11:30 am Post subject: Re: Residency |
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| sidjameson wrote: |
| Just found out that if I have residency I get a tax break if I buy an apartment. Anybody know what is needed to get the residency permit? Can I get it after 8 years living here? |
You mean permanent resident status?
Ten years of continuous residency if you are single. After 4-5 years if you have a spouse visa and after one 3-year stint on spouse visa. PR will depend on other factors as your economic and financial stability and your 'contribution' to Japan. |
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moot point
Joined: 22 Feb 2005
Posts: 441
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| Posted: Sat Jun 17, 2006 12:15 pm Post subject: |
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| I'm on a PR visa but haven't realised any tax breaks. Mind you, I have not bothered with buying property in Japan. |
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PAULH
Joined: 28 Jan 2003
Posts: 4672
Location: Western Japan
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| Posted: Sat Jun 17, 2006 12:18 pm Post subject: |
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| moot point wrote: |
| I'm on a PR visa but haven't realised any tax breaks. Mind you, I have not bothered with buying property in Japan. |
How do you expect to get a tax break with no property. Visas come from immigration. You dont pay less tax because you have PR status.
You can deduct part of your interest payments for your mortgage against your income but if you have no loan you cant claim a deduction . |
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moot point
Joined: 22 Feb 2005
Posts: 441
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| Posted: Sat Jun 17, 2006 12:21 pm Post subject: |
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| PaulH, you're weird. |
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moot point
Joined: 22 Feb 2005
Posts: 441
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| Posted: Sat Jun 17, 2006 1:04 pm Post subject: |
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All right, PaulH, you've obviously misunderstood my post. But the language of your posts often come off as being accusing and overly direct, I think.
Anyway, about tax breaks of a PR visa I have really haven't realised any.
On the other hand, with a PR in hand I think you'd have a better chance of gettting a loan from a bank in order to buy your property.
Good luck in getting in debt!!!!! |
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shuize
Joined: 04 Sep 2004
Posts: 1270
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| Posted: Sat Jun 17, 2006 4:49 pm Post subject: |
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Yes. It's interesting. People often get quite annoyed when you don't give them the answers they want to hear. I learned that lesson again in person recently when, after listening to someone drone on and on about his political beliefs, I offered my own. Big mistake. Now he will not speak to me ...
Actually, I take that back. Being blut means I don't have to listen to him anymore. It's all good. |
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