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Real estate acquisition tax: Foreigners are required to pay real estate acquisition tax when purchasing real estate in Hokkaido.

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Fixed asset tax and urban planning tax: Investors need to pay annually the following taxes based on the declared value of the property:
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- Fixed asset tax rate of 1.4% of the declared value of the property.
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- Urban planning tax of 0.3% of the declared value of the property.

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Income tax: If foreigners rent out real estate in Hokkaido and receive rental income, they are required to pay the corresponding income tax, and the specific tax rate depends on the amount of rental income. Rental income belongs to the taxable object of personal income tax, but in the first five years, it can be offset by accelerating depreciation expenses. Interest payments can also offset rental income.

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Transfer income tax: If foreigners sell real estate in Hokkaido and receive sale proceeds, they are required to pay the corresponding transfer income tax, with a tax rate of 30%. If the property is held for more than 5 years, the tax rate is 15% of the income.

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Withholding tax: When foreigners sell real estate in Japan, they usually need to deduct a portion of the withholding income tax when they receive the funds. According to Japanese tax law, the withholding tax rate is 10% of the source deduction amount.

In addition to the above tax issues, foreigners also need to pay attention to local tax regulations and related procedures, such as tax declarations and tax deductions. To ensure that investors can comply with local tax regulations, it is recommended to consult with professional tax advisors or lawyers.