Global Insights

Japan's New FEFTA Rules Take Effect: Foreign Buyers Must Disclose Nationality, Residential Properties No Longer Exempt

Effective April 1, 2026, Japan's amended Foreign Exchange and Foreign Trade Act (FEFTA) removes the residential property exemption for foreign buyers. All non-resident acquisitions now require Form 22 filing and nationality disclosure at registration. This article analyzes the impact on overseas Chinese property investors.