1. Background of the Amendment
The Immigration Services Agency of Japan plans to raise the capital requirement for the Business Manager Visa from JPY 5 million to JPY 30 million. This represents a fundamental reform rather than a minor adjustment. In recent years, misuse of this visa—such as paper companies or name-lending arrangements—has increased, leading to stricter regulations intended to ensure that only genuine entrepreneurs contribute to Japan’s economy.
2. Newly Added Requirements
In addition to the capital requirement increase, several new conditions will apply:
- Capital Requirement: From JPY 5 million → JPY 30 million (as of Aug 5, 2025)
- Employment Requirement: At least one full-time employee (as of Aug 5, 2025)
- Business Management Experience: Minimum of 3 years, or a Master’s degree in a related field (new as of Aug 25, 2025)
- Business Plan Evaluation: Plan must be reviewed by a qualified expert such as an SME consultant (new as of Aug 25, 2025)
This means that applicants must now demonstrate not only financial capacity but also management skills, academic background, and employment creation.
3. Impact on Small-Scale Entrepreneurs
Until now, foreign nationals could start businesses in Japan relatively easily with an investment of around JPY 5 million, particularly in sectors such as restaurants or trading. With the new requirement of JPY 30 million, however, the financial barrier rises sharply. While this may reduce fraudulent applications, it could also limit opportunities for small-scale, community-based businesses that have contributed to regional revitalization and multicultural coexistence.
In my view, if management experience or academic credentials are required, there should also be room for flexibility—such as easing the capital requirement for qualified applicants.
4. IMS Gyoseishoshi Lawyer’s Perspective
The amendment, expected to take effect in mid-October 2025, is aimed at preventing misuse. However, there is a risk of restricting diverse entrepreneurship and regional contributions if not carefully implemented.
We anticipate:
- A surge in applications before the amendment takes effect
- The need for additional documentation (proof of academic credentials, work experience)
- A decline in small-scale foreign entrepreneurship, especially in regional cities
The Business Manager Visa is not simply a pathway to residency—it is designed to ensure that entrepreneurs run sound businesses that contribute positively to society. Applicants and supporting companies should prepare carefully with this principle in mind.
Author: IMS (Gyoseishoshi)
