Japan Tightens Entrepreneur Visa Rules Amid Policy Shift
Japan plans to impose stricter requirements for foreign entrepreneurs seeking visas. The minimum capital is set to rise six-fold to 30 million yen, with employment of at least one local. These changes come in the wake of political pressures from rising support for anti-immigration parties.
- Country:
- Japan
Japan is set to introduce tougher visa requirements for foreign entrepreneurs, mandating a six-fold increase in minimum capital investment to 30 million yen and the employment of at least one local citizen, according to a ministerial document released on Tuesday.
The move follows a notable shift in political dynamics, underscored by the July upper house election where an anti-immigration opposition party gained traction, contributing to the ruling coalition's loss of its majority.
The justice ministry has announced it will gather public feedback until September 24 before finalizing these new requirements and implementing them in October. The 'business and management visa' aims to attract entrepreneurs by offering long-term stay options with pathways to permanent residency.
ALSO READ
-
Japanese Lawmakers Visit India to See Worker Protection and Skills Projects in Action
-
Japan-Backed ILO Projects Help 23,000 Workers Gain Rights and Fight Child Labour
-
UN Assembly Allows Abbas Virtual Address Amid US Visa Row
-
Riding the Waves: India's Surfing Olympic Dream
-
Japan's Economic Crossroads: Takaichi's Bold Moves Amidst Debt Concerns
Google News