Fees and Taxes of Selling Your Home in Japan

There are a number of fees that are required to be paid when selling a property in Japan. Here we outline the general case:

Fee	Agents Fees (仲介手数料)		Property Price × 3% + JPY 60,000 + 10% Tax
	Other Cost		Judicial Scrivener Fee, House cleaning etc.
Taxes	Capital Gains Tax (所得税)	Non-resident Seller: Income Tax (所得税)	If held less than 5 years: 30.63% If held for more than 5 years: 15.315% *Based on Net Income
Taxes		Resident Seller: Income Tax and Resident Tax (所得税 and 住民税)	If held less than 5 years: 39.63% If held for more than 5 years: 20.315% 2.1% of the income tax is added as special income tax for reconstruction *Based on Net Income
	Stamp Duty (印紙税)		Differs according to Price: JPY 10,000 – 480,000

Points to note:

Above tax rates are for the general situation. There may be deductions that can be applied on a case by case basis, dependent on property type and purchasing purpose.
In regards to withholding tax: when the seller resides overseas, the buyer, instead of the seller, will pay 10.21% of the price to the tax office directly, and pay the rest of the amount to the seller. The seller will receive a refund from tax office the following year (apply between February 16 – March 15, and expect to receive the amount in May or June).
If property being sold is still under mortgage with an overseas bank, some additional fees may apply, depending on the bank’s rules and regulations.