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Some 600 plots of land to be designated as “off-limits” for foreign purchase 

  • August 12, 2021
  • , Nikkei
  • JMH Summary

Nikkei led with GOJ moves to designate about 600 plots of land on remote islands and near SDF facilities or nuclear power plants across the country as properties whose acquisition and possession by foreigners will be prohibited. The plan follows the enactment earlier this year of legislation aimed at restricting foreign ownership of such real estate. The designation will reportedly be made in several rounds, with the first one, which will occur next autumn, to include property adjacent to SDF radar platforms in Hokkaido, Nagasaki, and Okinawa, various SDF command headquarters across the country, and nuclear power stations. According to the article, the Senkakus will not be included in the designation. 

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