Japan to ease 'startup visa' rules to lure foreign entrepreneurs

Two-year grace period to meet requirements to be available nationwide

Startup Visa 2024-12-26

The Japanese government wants to encourage more foreign entrepreneurs to set up high-tech companies in Japan. (Photo by Mayumi Tsumita)

Nikkei staff writers

TOKYO -- The Japanese government will further ease restrictions on "startup visas" for overseas entrepreneurs planning to set up businesses in the country, Nikkei has learned.

Starting next year, a two-year grace period will be granted to visa holders to fulfill eligibility requirements. At present, the grace period is granted only in certain municipalities. With the change, the two-year period will be available nationwide. The government hopes to foster prominent startups by attracting foreign talent working on cutting-edge technologies.

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