How to convert static homepage template to different language

Hello,

I have a static homepage with a homepage template. Most of the content for the page are in the template file. When I add a translation to a new language for the static homepage, it stays in English.

I am guessing even though the page is in different language, it is still using the content from the template file which is in english.

Do I move the content to a separate page/post and call that in the homepage template for it to work correctly?

Thanks.