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Category: Economy
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Japanese Pension System: A Guide for Foreigners
Understanding the intricacies of pension plans in the countries you reside in can be challenging for expats living abroad, and Japan is no exception. With this in mind, we’ve put together this brief guide to make this topic a bit less confusing for those who live and work in Japan either for a short or… Read more
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Why Binance and Banking Giant MUFG Want to Issue Stablecoins in Japan
Binance Japan and Mitsubishi UFJ Trust and Banking Corporation (MUTB) are exploring the development of stablecoins pegged to fiat currencies like the yen. The move comes as new regulations have opened avenues for trust banks to explore stablecoin offerings. The stated goal of the partnership is to drive Web3 adoption in Japan. Binance Japan and… Read more
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Unveiling Tokyo’s Real Estate Boom in 2023: Why Property Values are Skyrocketing
If you’ve been following the Tokyo real estate market, you might be wondering: What’s going on? Why are properties appreciating so much in value this year? While it may seem like a sudden surge, the truth is that property prices in central Tokyo have been on an upward trajectory for quite some time. What’s different… Read more
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Inheritance Tax in Japan and its Effects on Foreigners
According to Benjamin Franklin, there are two things constant in life: death and taxes . No one can escape from paying taxes, either directly or indirectly. Due to its technical nature, Japan’s inheritance tax has always been a topic of confusion among expats and foreigners. Therefore, it is imperative for any foreigner wishing to stay… Read more
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DigiDaigaku: Not So “Free to Own”
During the month of August, a project has been on everyone’s lips: DigiDaigaku, let’s take a look at this project. From ‘Free to Play’ to ‘Play to Earn’ to ‘Free to Own’ Nowadays, to play a video game, there are several possible options. The first and most classic is to buy the game to be… Read more
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NFTs and Japanese Culture: a Growing and Diverse Community
The Japanese NFT community is in its early stages. In this article, we will provide an overview of the community from the point of view of cultural exports, particularly the world of manga and video games. A technologically advanced society like Japan is a natural place for non-fungible tokens to thrive. And while NFT adoption… Read more
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6 Things to Consider When Looking for Life Insurance as a Foreigner in Japan
We all know that life insurance is an essential part of financial planning. However, very few of us stop to think about the financial consequences for our loved ones if we were to die unexpectedly. An event like this would not only bring emotional distress, but also potentially catastrophic financial ruin. This is further compounded… Read more
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The 20 Million Yen Problem in Japan
What is the 20 Million Yen Problem?The ’20 million yen problem’ for retirement funds is a warning raised by the Japanese government in 2019, specifically by former Finance Minister Taro Aso . The issue highlights the lack of adequate funds for retirees in Japan , stating that families would need to save at least 20… Read more
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The 9 Steps: How to Buy Property in Japan
With Tokyo’s real estate market currently booming (condo prices hit all-time highs for the second year in a row in 2022), there is growing customer interest in Japanese real estate for both residential and investment purposes. Buying property in Japan can be rewarding but complicated, considering various costs and timelines. This article will guide you… Read more
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NFTs in Japan: Key Projects and Features
The NFT market in Japan began with collaborations between anime and national idol groups and now focuses on cultural affinity that has become a strong support for Japanese NFT projects. Main Aspects to Consider: The Japanese NFT industry has three distinctive characteristics: extensive intellectual property (IP), a low rate of fear, uncertainty and doubt (FUD),… Read more