Japanese Finance Minister Satsuki Katayama announced that the Japanese government intends to amend administrative regulations, thereby imposing stricter reporting obligations on foreigners buying properties in Japan. Under the new regulations, all foreign property buyers in Japan will be required to submit reports, irrespective of whether the purchase is for investment or personal use. Currently, such reporting is only mandatory for investment - related property purchases, covering details like location and price.

Should the revised regulations gain approval following a public consultation process, they are slated to come into effect in April 2026. This measure is primarily designed to tackle the issue of a substantial number of foreign property buyers in Japan not actually residing in the properties they acquire. Additionally, Katayama noted that there is a consensus between the Bank of Japan and the government regarding economic evaluations, with no disagreements present.