経済｜ニセコの外国人投資家の実態 / Economy | The Reality of Foreign Investors in Niseko

Summary

In the famous resort area of Niseko, Hokkaido, the purchase of real estate by foreign investors is on the rise, but numerous issues are also emerging.

While the depreciation of the yen has led to an influx of funds from Asia, problems such as tax delinquencies and illegal developments are becoming increasingly noticeable. Notably, lawsuits concerning ownership rights to water sources and an unusual petition campaign initiated by the town of Niseko have garnered attention. Given that these situations could impact the local environment and residents, a careful response is necessary.

Dialogue

This dialogue is fictional and based on the article.

Log: It seems there are surprisingly many issues with foreign investors in Niseko.
Chako: Really? I thought it had a good reputation since it’s a resort area!
Log: It’s true that the weak yen has led to an influx of money from Asia, but problems like tax evasion and illegal development are becoming serious concerns.
Chako: That must be tough for the local residents!
Navi: It’s likely to have a significant impact on the local environment and the lives of the residents.
Log: Right, the fact that Niseko Town has started a petition is likely a response to those kinds of situations.
Chako: We really need to think about what’s best for the community together!

Admin’s Note

The impact of foreign investors in Niseko has brought many issues to light. In particular, tax evasion and illegal development have a direct effect on local residents, making their resolution urgent. As Chako mentioned, it’s crucial for the community to come together and raise their voices. We also need to carefully consider what benefits the influx of external capital brings to the region, as well as the associated risks. I want to keep an eye on how things develop moving forward.