The most common way to start a business here is to get an investor/business manager visa. But applicants must first secure office space and have at least ¥5 million on hand to invest in the business or hire at least two full-time workers before they even apply for it.
According to the draft of Prime Minister Shinzo Abe’s revised growth strategy, however, the government plans to provide a moratorium on the visa application requirements, giving applicants time to raise funds and hire local staff.
How long the grace period will be hasn’t been decided yet, but some media reports say it will be one to two years.