Tokyo Real Estate
For International Clientele
Center of Japanese Culture, Finance, and Government
Tokyo (東京, Tōkyō) is Japan's capital and the world's most populous metropolis. It is also one of Japan's 47 prefectures, consisting of 23 central city wards and multiple cities, towns and villages west of the city center. The Izu and Ogasawara Islands are also part of Tokyo.
Prior to 1868, Tokyo was known as Edo. A small castle town in the 16th century, Edo became Japan's political center in 1603 when Tokugawa Ieyasuestablished his feudal government there.
A few decades later, Edo had grown into one of the world's most populous cities. With the Meiji Restoration of 1868, the emperor and capital moved from Kyoto to Edo, which was renamed Tokyo ("Eastern Capital"). Large parts of Tokyo were destroyed in the Great Kanto Earthquake of 1923 and in the air raids of 1945.
Today, Tokyo offers a seemingly unlimited choice of shopping, entertainment, culture and dining to its visitors. The city's history can be appreciated in districts such as Asakusaand in many excellent museums, historic temples and gardens. Contrary to common perception, Tokyo also offers a number of attractive green spaces in the city center and within relatively short train rides at its outskirts.
Lifestyle in Tokyo
THE WORLD'S MOST POPULOUS METRO AREA
Major Transportation Hub
World Economic Center
World Industrial Center
World Class Education Institutions
World Shopping Destination
World's Largest Department Store
Beautiful Public Parks
Museums, Theaters, & Restaurants
Tokyo is one of the world's most exciting dining destinations. The city features a wide range of both local and regional Japanese cuisine in addition to all types of international fare. Its top restaurants have accrued more Michelin stars than both Paris and New York combined. But good food can be found at every price range from cheap hole-in-the-wall joints to expensive high-class restaurants with every budget in between.
While traditional mediums and historic pieces are treasured all over the island nation, Tokyo is a special city where modern works are embraced with equal enthusiasm. Around the capital city, you’ll find thousands of galleries, shops, museums and leisure spaces crammed with canvases, sculptures and installations on which to feast the eyes and revive the soul.
Weather you prefer to hit the great outdoors and explore the vast terrains of Mount Fuji, or relaxing in a world-class spa is more your cup of tea, Tokyo offers endless amounts of fun to tourists and locals alike. The attractions and experiences in Tokyo are only limited by shear imagination - explore a robotic dining experience, vampire cafe, or a mystical Alice-style labyrinth there is always plenty of unique attractions that will make Tokyo seem like an adult playground.
Out of all the cities in the world, Tokyo is one of the most exciting. From its rich cultural history, to its extensive shopping districts, and beautiful scenery, the Japanese capital is a worthy match for any luxe city rival to be found in Paris, Milan or New York. But don't be fooled by its cooler-than-your-average streetwear scene, or its bustling market districts - Tokyo lends itself to some of the best luxury experiences around. One needs only to take a train out into the mountains, or a taxi into the heart of the Ginza prefecture to be surrounded by the best yen can buy.
Attractions & Destinations
A Beautiful City of Contradictions
Internationally Certified. Locally Recognized.
Joske Thompson is a licensed Global Real Estate Advisor and has been trained as a Certified International Property Specialist to specifically address the needs of those looking to purchase property in California as a foreign national and U.S. nationals looking to purchase property abroad. He is the President of the San Francisco chapter of FIABCI, an elite network represented in 65 countries with members from all professions of the real estate sector. His extensive knowledge on international property and investment practices, paired with his robust worldwide network, affords Joske the competitive edge to deliver successful strategies for his global clientele. As a member of Top Agent Network, Joske is locally recognized as a top agent in San Francisco.
Real Estate Market
Cost of Living Comparison
Compared to Tokyo
27% MORE COSTLY
Personal Care: +85%
Total Difference: +27%
Exchange: 112.181 JPY/USD
19% MORE COSTLY
Personal Care: +11%
Total Difference: +19%
Exchange: 14.312 JPY/HKD
2% MORE COSTLY
Personal Care: +5%
Total Difference: +2%
Exchange: 79.797 JPY/AUD
The Japanese Economy
as of Oct. 2018
Japan At a Glance
Over the past 70 years, government-industry cooperation, a strong work ethic, mastery of high technology, and a comparatively small defense allocation (slightly less than 1% of GDP) have helped Japan develop an advanced economy. Two notable characteristics of the post-World War II economy were the close interlocking structures of manufacturers, suppliers, and distributors, known as keiretsu, and the guarantee of lifetime employment for a substantial portion of the urban labor force.Both features have significantly eroded under the dual pressures of global competition and domestic demographic change. Measured on a purchasing power parity basis that adjusts for price differences, Japan in 2016 stood as the fourth-largest economy in the world after first-place China, which surpassed Japan in 2001, and third-place India, which edged out Japan in 2012. For three postwar decades, overall real economic growth was impressive - a 10% average in the 1960s, 5% in the 1970s, and 4% in the 1980s. Growth slowed markedly in the 1990s, averaging just 1.7%, largely because of the aftereffects of inefficient investment and the collapse of an asset price bubble in the late 1980s, which entailed considerable time for firms to reduce excess debt, capital, and labor. Modest economic growth continued after 2000, but the economy has fallen into recession four times since 2008.
GDP: $4,937 B
GDP Growth: 1%
GDP per Capita: $38,900
Government Type: Constitutional Monarchy
Public Debt/GDP: 222%
Trade Freedom: 63
Monetary Freedom: 43
Red Tape: 91
Investor Protection: 60
Tax Burden: 61
Personal Freedom: 1
Meet Your Global Real Estate Advisor
Certified International Property Specialist
1699 Van Ness Avenue, San Francisco, CA 94109
/ Tel. +1 (415) 345 3100