Japan is one of the world’s most open markets, allowing 100% freehold ownership of entire islands for foreigners with no residency requirements. The... Read Morere are no special taxes for non-residents, though you must appoint a "Tax Manager" if you don't live in the country. Closing costs are around 5–7%, including the Real Estate Acquisition Tax. Be cautious of "forest" or "agricultural" designations on islands, as changing the land use for construction can be a bureaucratic challenge. Read Less