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is rice. Resources of raw materials are very limited and the mining industry<br />

rather small.<br />

Banks:<br />

Banks in Japan operate similarly to banks in other countries. There are a<br />

variety of institutions, ranging from large international banks to smaller<br />

regional ones. The large domestic banks include Japan Postal Bank, Mizuho,<br />

Tokyo-Mitsubishi UFJ, Sumitomo, Resona, Citibank and Shinsei Bank.<br />

Furthermore, several online banks, most notably Seven Bank, have recently<br />

gained popularity and offer their customers banking via the internet and a<br />

network of ATMs.<br />

Living cost<br />

Living costs in Japan and especially in Tokyo are famous to be among the<br />

world's highest. However, if you live outside of central Tokyo, adjust to a<br />

Japanese lifestyle and do not depend too heavily on food and products from<br />

your home country, you may be surprised how inexpensive Japan can be.<br />

Housing<br />

Some of the world's most expensive land can be found in central Tokyo.<br />

Consequently, even tiny apartments in the city center are very expensive.<br />

However, housing costs are distinctly lower in Tokyo's suburbs,<br />

surrounding prefectures and in other regions and cities of Japan. Extra<br />

commuting costs are often more than compensated by the savings on the<br />

rent, especially as many Japanese companies pay part or all of their<br />

employees' commuting expenses. If you prefer to live close to city<br />

centers, gaijin houses are an inexpensive option to consider.<br />

Utilities such as gas, water and especially electricity are expensive,<br />

and phone rates are high. For international calls, consider internet phones,<br />

callback services and other offers for the expat community.<br />

82

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