[bamboozled]

This new business visa thing in Japan is just so so stupid. As if people with money can't wrangle up 300k to get the business visa and then just do nefarious things like this, all the while locking out potentially millions of hard working entrepreneurial types from all over the world who would actually make good citizens, and good honest money.

[socalgal2]

Can you elaborate?

My understanding:

Before: Need $50k in bank, register business, sponsor yourself for a visa

Result - lots of people just abusing the system for a visa

After: Need $300k, must hire at least one local, must show a profit of $200k within 2 years. Must be reviewed by the government multiple times a year to show your business is serious

I can see some issues. If you want to start a company that requires a year or more of R&D before you can ship you're S.O.L.

[bob001]

Yeah, if the foreign entrepreneur argument is that they're helping the Japanese economy and not just barely sustaining another person in japan then the new requirements seem exactly in line with that?

[bamboozled]

I know several young people who have migrated to Japan and due to the low cost of starting a company ended up building great businesses with pretty serious revenue and employee ten to hundreds of staff. This wouldn’t have happened if they needed such a large amount of capital just to start.

The problem I see with the new rules are it just stops entrepreneurs and rewards rich money launders. The visa applications should considered based on merit and not just about capital.

[bob001]

> The visa applications should considered based on merit and not just about capital.

If it has merit then you should have no trouble getting some investors lined up...

[bamboozled]

Sales pitch to Sillicon Valley Based Hedge Fund: "Pizza Shop in Japanese Ski Resort Town".

[thenthenthen]

This is also a scam in China, but you just need 10k USD. Well thats not gonna work anymore. If you bring 300-500k tho…

[aurareturn]

This new law is doing what it's suppose to do. You can't get a business visa for $300k in the US. You need $800k in a bad area or $1m in a good area to get an investment visa.

Why should Japan allow $30k? Doesn't make sense.

I had a friend who was looking to move to Japan and abuse this visa. The business was only there to get the visa with no intention of operating it.

I'm not Japanese and I don't live in Japan but even I think this new law makes more sense than previous.

[bamboozled]

I had a friend who was looking to move to Japan and abuse this visa. The business was only there to get the visa with no intention of operating it.

So this invalidates what ? I know many foreign people Who moved to Japan, work harder than many Japanese I know and run great businesses but it was only possible due to the low initial outlay for the visa.

If your friend came here he still had to pay taxes, present income statements and pay pension , if he didn’t his visa would be revoked. The new rule is to appease the xenophobes at voting time. It’s as simple as that. What will happen ? Rich people who will actually come here an abuse the system will be the ones they get to stay… this is country with a rapidly depreciating population and currency valuation remember…

A smarter solution is to evaluate the visa application. based on the intentions of the person wanting to start she business. Not locking out large swathes of people.

[aurareturn]

If the US lowers investment visa to $30k, I’m sure many comers will work very hard.

So why doesn’t the US do it? Why doesn’t every country give you a visa for $30k business investment?

Japanese people are saying they no longer want mass low quality immigrants. They want fewer, higher quality ones. Nothing wrong with that. All their recent immigration policies point to toward this theme. It’s their country. Let them do what they want without calling them xenophobes.

[bamboozled]

My comment was about the increasingly high bar for entrepreneurs / protectionism. Immigration will happen regardless of the cost of a business visa...

What is a "low quality immigrant" and why do you think immigrants with money are "high quality immigrants? Because the most damage I've seen done to Japan and the culture is rich people from Singapore, China and Taiwan buying up large swathes of property and then keeping them vacant while driving up property prices and locking out locals. The high price of a business visa will ensure this trend accelerates as more and more actual well intentioned foreigners are locked out of opportunities. Basically if you're a hedge fund, you have the ability to setup shell companies and rape the place.

Anyway, there is still mass migration happening, and it will continue to happen as the population ages they need more workers, it's everywhere now, airports, combinis etc, that has nothing to do with the "business visa". Most actual poor people were never planning to come here to start a business anyway, they were coming here to do slightly less shitty jobs than they were doing in their home countries.

[sashank_1509]

What is the demographic looking to immigrate to Japan. I’m surprised to hear Chinese as my outsider view was that China was as good if not better place to live compared to China, is it because they’re afraid of their government and want a liberal democracy instead?

Or is folks from poorer and more distressed countries looking to come to Japan.

[SenHeng]

Better passport for their kids, better and more reputable, internationally connected banking system to store their wealth. The latter bit is particularly important as China limits the amount of money one can send out of the country.

[decafninja]

How would this give a passport to their kids? Isn’t Japanese citizenship notoriously difficult to obtain?

[SenHeng]

It was always ridiculously easy to get Japanese citizenship. 5 years of residency, don’t break any laws including traffic, pay your bills on time. Done.

It has recently been changed so that you now require 10 years of residency.

https://www.turning-japanese.info/p/misinfo.html

[daneel_w]

So is it 5 or 10 years? Another person responding in this same branch says it used to be 10 but is now 5.

[TimorousBestie]

I think it’s probably easier and safer for a Chinese national to obtain Japanese citizenship than American citizenship.

If you’ve got ten years (or until recently, five) of residence and can pass the interview process, the acceptance rate for Japanese citizenship is something like 95%+.

On the other hand the process of getting American citizenship can run up to twenty years or more, it’s very expensive, and throughout the process the immigrant has few rights and can be deported for basically no reason, up to the moments before the naturalization ceremony.

If I were a freshman at Fudan thinking about my exit strategy, I know which one I would pick.

[SenHeng]

20 years ago Singapore was handing out PRs and citizenships to Chinese students like candy. All of my classmates got PR a few years out of school, then citizenship again 2 years later.

And so many of them immediately moved on to the US.

[dismalaf]

China cracks down on corruption from time to time and lots of rich Chinese got their riches through corruption, so they're always looking for places to stash their ill gotten gains, their family and an offramp for themselves.

Helping launder this dirty Chinese money is a huge business here in BC (Canada) and across the world.

[dismalaf]

Too late to edit but to add to my comment, it's also the reason this segment of Chinese buyer will massively overpay for real estate, visa pathways, etc...

Western governments also look the other way since these people are defrauding China (our rival) and bringing money to the west.

[bamboozled]

I feel like that’s the kind of person this new Japanese business will benefit most.

Rich money launderers who will enter at higher price point and plan to run shell businesses.

[bob001]

Does Japan need more small businesses owned by foreigners (that make so little money as to be useless for economic growth) or do they actually need more foreigners to change the adult diapers of their ever aging population?

[bamboozled]

Buddy, when your population is in decline at Japan levels I think it makes sense to have all the businesses you can get. I’ll also say compared to many local businesses in Japan, I know several that make 100-200x what the local, totally outdated <insert store / business type> make.

I’m talking hospitality, bar owners , cafe, therapists, even people who have setup manufacturing businesses building anything from prefabbed affordable housing and to handmade skis. These are business that need a lot of materiel and help the economy keep moving here. Many of these businesses exist because it was cheap to get started. Young people who came here for various reasons , had visions and executed. Many being the kind of people that make the world a better place.

Would you prefer Japan just imports south East Asian slaves and boots them at will, stifles any competition and just falls apart ?

I honestly found your comment really short sighted / uninformed.

[aurareturn]

The whole point of these investment visas is to inject large amounts of money into the country or build what the country wants to strategically. These $30k business visas, if it isn't a visa scam, is simply starting restaurants and small businesses that Japanese people can do themselves.

So what if their population is in decline? It'll just pick back up when there is plenty of space. Just because their population is in decline now doesn't mean they should import from other countries who most certainly do not share the local culture an is a disruption to their way of life.

Once again, I'm not Japanese and do not live there. What happens in Japan doesn't affect me. As a neutral bystander, the new rules make far more sense for Japan even if it hurts a few good honest foreigners.

[bamboozled]

So what if their population is in decline? It'll just pick back up when there is plenty of space.

So given the insane number of abandoned houses, villages and towns, how do you explain the continued decline is there is "plenty of space"?

[aurareturn]

You need space in areas with good economic opportunities. Tokyo, Osaka, Fukuoka, etc.

[bamboozled]

Are you saying there is no space in those cities to have children ?

[bamboozled]

Hopefully people like you realize many good things about Japan come from outside of Japan. People act like the only way Japan can survive is to return to some sort of isolationist state.

The good news is that once America becomes more liberal again, Japan will do, it's just a global outrage against "foreigners" going on right now which the herd follows.

[aurareturn]

Japan isn't isolationists. They're just fighting to keep their way of life.

[bamboozled]

Should other countries where Japan benefits greatly, ie Australia constantly move the goalposts on Japanese businesses and basically make life harder for them to protect “their way of life” ?

[rjzzleep]

Sounds logical, but can you elaborate more on what is happening?

[keiferski]

Essentially the amount of capital needed to get a business visa went up dramatically. It used to be about 30k USD and now it’s almost 200k. Plus other more onerous requirements:

https://www.bakermckenzie.com/en/insight/publications/2026/0...

The result seems to be that a lot of smaller restaurants and other foreign-owned businesses can’t really function and will close.