An Economic Powerhouse; Land of Opportunity
Japan has the world’s third-largest economy by GDP (after the United States and China) and also purchasing power parity. It is also the world’s fourth-largest exporter and fourth-largest importer.
Japan has a large industrial capacity, and is home to some of the largest and most technologically advanced producers of motor vehicles, electronics, machine tools and ships in the world. Companies like Toyota, Nintendo, Sony, Panasonic, Honda, Canon and Toshiba are just a few of the Japanese brands known around the world
Japan ranks 12th of 178 countries in the 2008 Ease of Doing Business index and has one of smallest tax revenues in the developed world.
An Island Nation That’s Growing Older
Japan has the longest overall life expectancy at birth of any country in the world, but the Japanese population is rapidly aging as a result of post world war II baby boom followed by a decrease in birth rates. In 2009, almost 23% of the population was over 65 years old, and it’s estimated that by 2050, almost 40 percent of the population will be aged 65 and over.
Japanese society is linguistically and culturally homogenous composed of 98.5% ethnic Japanese with a small population of foreign workers. Japan also boasts the third-lowest infant mortality rate in the world.
This engaging older population creates unique needs in the Japanese housing market.
Find out more about the nation of Japan from Bill, including:
- What Keller Williams Worldwide is looking for in a potential country partner
- Why the Keller Williams Realty story so unique
- How to start the process of finding out if you might be a good match
For more information, fill out the form below and begin a confidential conversation with Bill Hunt.