Japan’s Startup Visa: A Gateway for Entrepreneurs

SVISA

The Startup Visa initiative, approved by Japan’s Ministry of Economy, Trade and Industry (METI), is designed to help skilled entrepreneurs establish impactful businesses in Japan. This visa is a temporary, conditional residence permit aimed at those who wish to build a company but lack the time and financial resources to apply for a business manager visa.

Key Details:

  • Duration: The visa is offered for 6 months to 1 year, depending on the municipality.
  • Eligibility: Entrepreneurs must present a viable business plan and other required documents.
  • Municipalities Offering the Visa: Tokyo, Kanagawa, Sendai, Kitakyushu, Niigata, Kyoto, Aichi, Kobe, Ibaraki, Hokkaido, Mie, Fukuoka, Gifu, and Osaka.

Application Process:

  1. Document Preparation: Prepare business plan, financial statements, and personal information.
  2. Submission: Submit documents to the designated Business Innovation Center.
  3. Interview: Attend an interview with the Business Innovation Center.
  4. Certification of Eligibility: Obtain a letter of support and apply for the Certification of Eligibility at the Immigration Bureau.
  5. Visa Issuance: Upon approval, receive the initial 6-month visa and enter Japan as an entrepreneur.

Comparison with Other Visas: The Startup Visa is distinct from other working visas as it specifically supports entrepreneurs initiating new businesses. Unlike the Business Manager Visa, it does not require a physical office space initially, focusing instead on the business plan and growth potential.

Benefits:

  1. Lower Barrier to Entry: Simplifies the process of starting a business in Japan without needing a high bank balance or physical office initially.
  2. Access to Local Networks and Resources: Provides abundant networking opportunities and resources to support startups.
  3. Financial Support: Offers various government subsidies and incentives to alleviate financial pressures on new businesses.

Things to Note:

  1. Limited Period of Stay: The visa is valid for 6 months to 1 year, after which entrepreneurs must apply for a Business Management Visa.
  2. Municipality-specific Restrictions: Each municipality has unique criteria and restrictions, so it’s essential to review these before applying.
  3. Conversion to Business Management Visa: Entrepreneurs will eventually need to apply for a more permanent visa to continue their business operations in Japan.

Popular Startup Cities:

  1. Shibuya: Focuses on health, environment, food, IT, and culture.
  2. Hokkaido: Emphasizes local agriculture, food industries, tourism, and manufacturing.
  3. Kobe: Supports IT, health, environment, and logistics.

Japan’s Startup Visa offers a valuable opportunity for entrepreneurs to launch and grow their businesses in a supportive and innovative environment. By lowering traditional barriers to entry and providing extensive resources, Japan fosters a thriving ecosystem for global innovators.

Source courtesy: https://scalingyourcompany.com/

Visit IndoJapanPulse previous post on startup VISA for more details

How to Get a Startup Visa To Build a Company in Japan

Visit : http://indojapanpulse.com/

Subscribe to Youtube Page:
https://www.youtube.com/channel/UCwk4e_pL0o5eyUvkIC7cQZA/featured

Like Facebook Page:
https://www.facebook.com/IPJIndoJapanPulse/

Join Facebook Community:
https://www.facebook.com/groups/436167087220812/?ref=share

Visit Linkedin  https://www.linkedin.com/company/indojapanpulse/

We can be reached at:
contact@IndoJapanPulse.com

————————————————

Leave a Reply to IndoJapanPulse


    Please look at footer of website for Disclaimer and Privacy Policy.

    Spread the love
    Leave a Reply to IndoJapanPulse [contact-form-7 id="594" title="Feedback/Suggestion/Comment"] Please look at footer of website for Disclaimer and Privacy Policy.