Why This Matters
Japan's inheritance tax applies to property owned in Japan regardless of owner nationality. Rates range from 10% (up to ¥10M) to 55% (over ¥600M). Basic exemption: ¥30M + (¥6M × number of heirs). Property is valued at assessed value (50-70% of market), making real estate more favorable than cash for inheritance. Create a will, consider corporate ownership for simpler succession.