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What is the requirement for capital of 500 million yen for a business manager visa?

What is the requirement for capital of 500 million yen for a business manager visa?

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Do I need a capital of 500 million yen to obtain a business manager visa?

There are probably many foreigners who are thinking of obtaining a business manager visa from among the many residence statuses available.

However, in the case of business manager visas, the biggest bottleneck wasCapital 500 million yen.
There may have been some foreigners who gave up on obtaining a visa because it was not an amount that anyone could easily afford.

To begin with the conclusion, as of November 2022,Capital of 500 million yen is not required.
From April 2015, 4, capital is no longer required.
Therefore, when applying for and obtaining a business manager visa, there is no need to prepare capital of 500 million yen.

What I would like to note is that there are conditions.
If the capital is less than 500 million yen, the following conditions must be met.

  • Employs two or more full-time employees (part-time employees are not allowed)
  • Full-time employees are Japanese or permanent residents
  • ● enrolled in labor insurance

In addition, Nominal employees are also not allowed.
The condition is that the applicant is substantially participating in management.

Based on the above, although the restriction on capital of 500 million yen or more has been relaxed,If the amount is less than 500 million yen, more items will be subject to separate examination.It will be.
Therefore, if possible, it is a good idea to prepare capital of 500 million yen or more.

Points to note when applying for a business manager visa and investing more than 500 million yen in capital

Capital required to obtain a business manager visa is 500 million yen.
However, there are some points to be aware of even if it is simply an investment.
Don't think of it like a regular investment.
Pay special attention to the following two points.

  • It is necessary to prove the source
  • Timing to transfer capital

I will explain each in detail.

▼ There is a need to prove the source

The source of the capital of 500 million yen is always questioned.
Therefore, when applying, explain how you came up with the 500 million yen.
If you have more than 500 million yen in your account, you will meet the conditions, but that is not the end.

A business manager visa can be applied for even if the investment is made by someone other than the applicant..
For example, it is OK if your parents borrow it or gift it to you.
The important thing isHow did they raise 500 million yen?
What the immigration status examiner wants to know is the procurement method.

For example, the following patterns may be considered.

  • ● I saved it myself.
  • ● Borrowed from a relative
  • ● Got it from a relative.

These must be proven in written form, such as documents and materials, rather than orally.
The following documents are acceptable.

  • Copy of passbook
  • Overseas remittance record
  • Monetary loan agreement
  • gift contract
  • Official documents proving the relationship with parents/relatives
  • Customs declaration form at the airport
  • gift contract

In addition, if you bring it directly from the airport,Declaration of legally bringing in moneyIs required.
In any case, please note that 500 million yen is a large amount of money, so proof of the source will always be required.

▼ Timing to transfer capital

When establishing a company and obtaining a business manager visa as a business owner, the capital must be transferred to the founder's personal account.
Either of the following accounts are acceptable.

  • Japanese bank head office/branch accounts in Japan
  • Account at a branch in Japan of a foreign bank

At this time, I would like to note thatTiming to transfer capital.
If you get the timing wrong,Not recognized as capital.
This is because it is difficult to determine whether it is a company business fund or a simple transfer.

Therefore, when transferring capital,Be sure to have the articles of incorporation certified at a notary public office.Please go to
Please note that there is no point in transferring money to obtain a business manager visa if it is not approved.

If you have made a transfer before the articles of incorporation have been certified, please withdraw the entire amount at once.
After the articles of incorporation are certified, you can deposit the capital again into the account.

How to obtain a business manager visa with a capital of less than 500 million yen

To obtain a business manager visa, a capital of 500 million yen or more is required, but as mentioned earlier, it can be obtained with less than 500 million yen.

Above all, what I want to remember isCorporate support by local governments.
Foreigners are also eligible, so even if your capital is less than 500 million yen, you may be approved.

Specifically, the following cases apply.

  • Recognized as eligible for corporate support projects implemented by local governments
  • Using an incubation facility owned or designated by a local government as a business location
  • The local government is paying expenses related to the business office instead of the applicant.

If you meet these requirements, you will be considered to be receiving support.
However, the maximum support is 200 million yen per year, so the applicant must have at least 300 million yen available.
Also, please note that if you wish to renew your business manager visa if your company's support ends, you will be required to have a capital of 500 million yen or more.

Furthermore, in addition to local government support, there is no need to prepare 500 million yen in the following cases.

  • Obtain a business manager visa as a business manager
  • Hire 2 or more full-time employees

A business manager refers to a person with the following positions:

  • Board Member
  • Manager
  • Manager
  • Branch manager

Since these are treated as administrators, the amount of capital does not matter.
On the other hand3 or more years of work experience as a managerIs required.

Similarly, there is the option of hiring two or more full-time employees.
This is possible if you are a Japanese or a permanent resident foreigner.
However, this is not a very practical method when considering various expenses such as personnel costs.

Depending on the investment formation process when applying for a business manager visa, it may be rejected.

Although investment is required for a business manager visa, it may be disallowed depending on the process of its formation.

The formation process refers to how the capital was formed.
If you do not prove this point, there is a good chance that your application will be rejected even though you have gone through the trouble of preparing an investment of 500 million yen.

  • Anti-money laundering
  • Prevention of extortion money

From the above point of view,The formation process will always be examined by the Immigration Services Agency..
Therefore, when applying for a business manager visa, you must prove how you prepared the 500 million yen investment.
What is used in this case isProof of earningsis representative.
If there is an official document, it will be a certificate.

From these points, international students need to be careful when preparing an investment of 500 million yen.
Even if you are working part-time with permission to engage in activities other than that permitted under the status of residence previously granted, there is an upper limit to your working hours.
If you prepare 500 million yen with only your own strength,suspected of overwork, in the worst casejudged to be a violation of the Immigration Control ActTherefore, you need to be careful.
Please be aware that there is a high possibility that you will not be granted a business management visa.

When the money borrowed for applying for a business manager visa is used as capital

If I borrow 500 million yen of capital, can I apply for a business manager visa?

Speaking from conclusion,Possible.
You can obtain a business manager visa with borrowed money without having to prepare it yourself.

In this case, the problem isshow money.
Even if you apply in such a form, you will basically not be able to obtain it.
Even if the application passes the examination, there are many cases where problems are discovered later.

Therefore, when borrowing money to obtain a business manager visa, be careful of the following three points.

  • You can prove the actual contract and the fact of the loan.
  • I have a repayment plan that allows me to maintain my lifestyle.
  • You can prove the source of the funds from the person who lent you 500 million yen.

What you need to be careful about is having a solid repayment plan.
You must have a repayment plan that is considered acceptable compared to your annual income.

Also, as explained in the previous item, the process of forming a 500 million yen fund is also important.
Let's make it clear that the money was not prepared illegally.

If you receive 500 million yen,Gift tax is leviedWill be
You will also need a statement of reasons, so don't forget to prepare one.

Summary

In principle, a capital of 500 million yen is required to obtain a business manager visa.
Therefore, those who want to acquire one must first think about how to raise the money.

What you need to be careful about is the source of the 500 million yen.
From the perspective of preventing mal-laundering and extortion money, the source is always checked at the time of application.
Be sure to prepare proof of your money movements.

It is also possible to borrow 500 million yen as capital investment.
In that case, please prove that you are using a method that does not violate the Immigration Control Law, such as overwork.


For consultation regarding business manager visas, please contact Climb!
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