
Japan weighs tightening rules on business visa popular among Chinese nationals
Japan is considering increasing the minimum investment threshold for its business manager visa in a bid to make it harder for foreigners to obtain residence status and launch commercial operations in the country, as the scheme becomes increasingly popular with Chinese nationals.
Advertisement
The visa, which offers relatively accessible entry for foreign entrepreneurs, permits stays of up to five years for those who either invest 5 million yen (US$34,711) or hire two full-time employees while maintaining an office in Japan.
Visa holders can also bring family members, a feature that has gained traction, particularly among Chinese nationals. There are no restrictions on age, education, or language proficiency.
In recent years, the number of Chinese nationals who have secured the visa has more than doubled from about 10,000 in 2015 to 20,551 as of June 2024, The Japan News reported, citing the Immigration Services Agency.
Chinese nationals account for more than half of all business manager visa holders living in Japan.
Advertisement
Haruko Arimura, a lawmaker from the ruling Liberal Democratic Party, said the visa had become an 'easy route to obtain permanent residency'.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


South China Morning Post
an hour ago
- South China Morning Post
Hong Kong stocks fall slightly on rising geopolitical tensions
Hong Kong stocks dropped on Friday as rising geopolitical tensions dimmed investors' appetite for risk assets. The Hang Seng Index fell 0.4 per cent to 23,950.45 at 10.10am local time, though it was still heading for a small weekly gain following a temporary de-escalation of US-China trade tensions. The Hang Seng Tech Index fell 1.3 per cent. On the mainland, the CSI 300 Index dropped 0.6 per cent and the Shanghai Composite Index retreated 0.5 per cent. Sino Biopharm led losses as its shares fell 5.1 per cent to HK$5.40. Electric-vehicle maker BYD lost 3.3 per cent to HK$130 and peer Geely Auto fell 2.4 per cent to HK$16.34. Tech stocks also slumped: Xiaomi dropped 2 per cent to HK$51.15 and Alibaba Group Holding, owner of the Post, retreated 1.6 per cent to HK$112.80. Chow Tai Fook Jewellery Group jumped 9 per cent to HK$13.38 after it reported better-than-expected net income for its financial year ended in March. Property stocks traded higher: China Resources Land rose 3.6 per cent to HK$27.55, while Link Reit and Hang Lung Properties both gained 1.1 per cent to HK$42.45 and HK$6.66, respectively. State-owned China National Offshore Oil Corporation gained 2.1 per cent to HK$18.70 and PetroChina rose 1.4 per cent to HK$7.37 on rising oil prices. Gold producer Zijin Mining advanced 2.5 per cent to HK$20.50.


South China Morning Post
2 hours ago
- South China Morning Post
Hong Kong's gig economy workers want industry regulated. Can city deliver?
Hong Kong food delivery rider John Lam* cannot afford to make a single mistake while working. Advertisement The 40-year-old takes extreme care while delivering orders on his motorcycle, knowing that if he has a work-related accident he will receive few employment benefits and minimal compensation. 'I understand that being highly responsive to my phone can lead to more orders. But for safety reasons, I only handle my phone when my vehicle has completely stopped,' said Lam, who delivers food for the city's two online platforms, Foodpanda and Meituan's Keeta. 'The risk of an accident simply isn't worth gaining an order slightly faster. I prioritise safe driving and rarely weave through traffic, even on a motorcycle, because road conditions are unpredictable.' The government is set to introduce proposals to further enhance platform workers' rights and benefits within the year. Photo: Jelly Tse Lam, who put his earnings at HK$45,000 (US$5,730) to HK$50,000 a month on average from a 10-hour shift six days a week, said he was fully aware of the risks when he started working with online food delivery platforms five years ago, but the money was too good to pass up. Advertisement 'While consistent food delivery work can lead to a very good income, the major downside is that it leaves couriers like me without essential basic and labour protections,' he said. 'It would be nice if the government regulated the industry, granting us employee status and entitling us to annual leave, sick leave and a pension.'


South China Morning Post
5 hours ago
- South China Morning Post
TikTok sister app Douyin to woo merchants with lower deposit fees amid heated competition
TikTok owner ByteDance , whose Douyin short video app has emerged as a popular e-commerce shopping platform in China, will cut the guarantee deposit payable by merchants, in a move designed to keep existing sellers and lure new ones amid fierce competition. Advertisement The deposit, held by the platform on behalf of sellers to cover potential costs such as refunds or penalties, would be capped at 5,000 yuan (US$695), a fraction of the previous maximum of 500,000 yuan. As a result, the deposit payable by existing sellers would be on average 75 per cent lower. The sum would be based on the previous month's gross merchandise volume (GMV), so the lowest level of 500 yuan would apply to online stores that sold less than 50,000 yuan in the previous month, Douyin said in a statement posted on its website on Thursday. New merchants would be able to join the platform without initially having to pay a deposit. Once their paid orders exceed 200, or the total transaction value reaches 10,000 yuan, they must add the deposit. The zero-deposit policy expands a pilot programme that started in February, which covered stores that sold certain types of goods. Douyin said the new policy would apply to all product categories. Douyin has emerged as a popular e-commerce shopping platform in China. Photo: Shutterstock Images The company said it wanted to help merchants 'save money' so they could invest more in 'expanding their business' through marketing and promotional activities to enhance their competitiveness.