Japan’s Nationality Disclosure for Property Registration: A Step Towards Tracking Foreign Ownership?
In a move to enhance national and economic security, Japan will mandate that new property owners disclose their nationality in the real estate registry starting in fiscal year 2026. This initiative, announced by Justice Minister Hiroshi Hiraguchi, allows the government to monitor foreign property ownership. While not a prerequisite for purchasing property, the disclosure aims to provide transparency and aid in resolving potential ownership disputes. The government is also considering additional restrictions on foreign real estate purchases, though specifics remain undisclosed.
John Q. Hosedrinker