Japan’s immigration agency plans to tighten the rules for granting business manager visas as the program has increased in popularity.
The new rules would require a minimum capital investment of 30 million yen ($203,000) compared with the current 5 million yen as well as requiring employment of at least one staff, according to a document published on Tuesday. Inbound entrepreneurs will also need to pass educational and experience checks and have their business plans vetted before being eligible for the five-year residence permit.
AloJapan.com