Japanese government postpones proposals to restrict real estate purchases by foreigners– japantoday.com

In December, Japan’s Liberal Democratic Party announced its intent to introduce legislation to add new restrictions to the ability of foreigners to purchase real estate in Japan. In March, a government expert panel began holding meetings to discuss possible changes legal changes in order to address the economic and security concerns being voiced by proponents of increased regulation, with the aim of making a proposal by the end of the currently ongoing parliamentary session, which is scheduled to end in midsummer.

That timetable is now getting shifted back, as the panel is now saying that it is postponing any possible recommended bans on foreigners purchasing property until this coming fall.