Stricter Visa Rules Threaten Foreign-Owned Restaurants in Japan
Foreign business owners in Japan are facing growing financial pressure following a sharp increase in the capital required to obtain a business management visa, with an Indian curry restaurant in Shizuoka warning that it may be forced to close unless its sales quadruple. (News On Japan)
Foreign-owned restaurants in Japan are facing heightened financial strain due to stricter visa regulations that have significantly increased the capital required for obtaining a business management visa. Namaste NIPPON, an Indian curry restaurant in Shizuoka, warns it may close unless its sales quadruple to meet the new 30 million yen capital requirement.
The owner, Raz Pokhara, estimates that there is virtually no chance of raising the necessary funds within the next two years. The government tightened visa rules to prevent foreign nationals from establishing shell companies with little commercial activity, but concerns grow that the higher capital threshold could also impact legitimate small businesses.
Written by urgent.news from News On Japan's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
