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by rayiner
2 days ago
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> Foreign business owners could lose their residency status after the government increased the capital requirement from 5 million yen (approx. $31,000) to 30 million yen (approx. $187,000).1 A $31,000 capital requirement for a "business" is a joke. A food cart--not a truck, just a cart--requires more capital than that. |
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Even 187k is very low compared to Europe, I’m pretty sure all European countries have it higher than that.