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Richard Burns
10-30-2009, 11:00 AM
When you bought your house out here is it under your name or you're wife's name.

Mrs. Burns says it can't be in my name 'cause I'm a gaijin.

I'm pretty sure Americans can own a house here.

I'd like to clear this up.

-Burns
Mehi River
10-30-2009, 11:13 AM
foreigners can own property in japan

I don't know if there is a special anti american thing for okinawa, but generally you should be able to.

She is probably referring to banks not lending to gaijin easily.
daveh5o
10-30-2009, 11:30 AM
I knew a GS civilian on Kadena that was not allowed to buy one of the Corps of Engineers houses in Awase in 1986. He was not married to a Japanese or Okinawan lady. In his case, a loan was not needed. He was to pay cash in full. He told me that Americans cannot purchase a house or property in Okinawa, unless they have an Okinawan or Japanese spouse. I don't know if things have changed since then.
izabelai
10-30-2009, 01:09 PM
My husband (Japaneses) and I (gaijin - not American) built a house last year. As we took the loan for both of us we also have our house on both names. The good thing about taking a loan on both of us is the insurence that if one of us dies earlier than in 35 years, the other person only pays back the second half. Actually they gave us the loan because I had a job for 4 years at the same place. I have a permanent visa.
Richard Burns
10-30-2009, 01:11 PM
Sweet. I knew she was blowing smoke. Lol.
gtlm2000
10-30-2009, 01:13 PM
RB, please buy me house in Okinawa :D
Jazz
10-30-2009, 01:14 PM
Mine tells me the same stuff RB. But it's cause she's scared for us to get in debt. I kinda miss debt a little to be honest..
Richard Burns
10-30-2009, 01:17 PM
You miss debt? What are you smokin' on pleassssse share some with me. lol
Tanimaga
10-30-2009, 01:22 PM
My wife just got the loan for our house. I can PM you the info and phone number of the guy. He said he wants me to steer him more business.

His realty service goes thru a bank they own stock in. Much easier to get the money since they can press them a little harder.
Jazz
10-30-2009, 01:23 PM
Yeah, it sounds crazy but I was talking to my struggling brother at lunch and I kinda miss those days livin' on the edge..

Honestly, I don't though and am better off now..

I'd help him if I could..
Mehi River
10-30-2009, 01:23 PM
like I said - it may be an american thing.

But generally a Japanese bank will want stability (same job for 4 years or so, married) to make sure you won't do a runner.

I applied for a loan about 2 years back. Had 3+ years with a law firm in Tokyo under my belt, and the first thing the guy asked was if I was married. Not how much I could afford, not how much I was getting paid - which was very decent, but if I was married.
Richard Burns
10-30-2009, 01:25 PM
My wife just got the loan for our house. I can PM you the info and phone number of the guy. He said he wants me to steer him more business.

His realty service goes thru a bank they own stock in. Much easier to get the money since they can press them a little harder.


Sweet. Thanks.
Richard Burns
10-30-2009, 01:27 PM
Yeah, it sounds crazy but I was talking to my struggling brother at lunch and I kinda miss those days livin' on the edge..

Honestly, I don't though and am better off now..

I'd help him if I could..

If you miss debt you're more than welcome to pay off mine. My treat. :thumbup1: