I am a foreigner living abroad. Can I get a business manager visa even if I do not live in Japan?
In order for foreigners living abroad to get a business manager visa, you should need a business partner who lives in Japan.
Requirement for Business Manager VISA
You need the following points to obtain a Business Manager VISA:
- Office for business except home
- Investment more than 5 million JPY for capital
- Sustainability for Business (Business Plan written in Japanese)
- Related career to your startup business
- Business Partner living in Japan (if you live abroad)
|①Office||You are reqired a business office except your home for applying a Business Manager VISA|
|②Capital||Investment more than 5 million JPY for capital|
|③Business sustainability||You must explain your business sustainability for Japanese Immigration Bureau on your business plan.|
|④Career||Related career to your STARTUP Business is required.|
|You need a business partner living in Japan if you live abroad.|
The requirements for obtaining a business management visa are the same for foreigners living in Japan and foreigners living in foreign countries.
However, most foreigners who do not live in Japan do not have a personal bank account in Japan. If you do not have a bank account in Japan, you can not invest capital and you can not set up a company in Japan.
In addition, there is no problem if you have a personal bank account in Japan because you were studying in Japan. Also, if you have a personal account at the Tokyo branch of a foreign bank, you may be able to use that account. If you do not have a bank account in Japan, you will need a cooperator in principle.
②Branches of foreign banks in Japan（ex. CITI, HSBC…)
Procedure by Business partner
Therefore, foreigners who are not living in Japan are invited to be Japanese or foreigners living in Japan as co-representative directors of the company, and help with procedures such as capital investment for establishing the company and office contracts. receive. When the procedure is complete, ask them to resign co-representative directors of the company.
1) To have Japanese and foreigners who can conduct business management become co-representative directors
Have Japanese people or foreigners who can manage business in Japan become co-representative directors of the company. Foreigners who can do business management in Japan include “Spouse or Child of Japanese National” / “Spouse or Child of Permanent Resident” / “Long Term Resident” / “Business Manager” / “Highly Skilled professional (ii)”.
If the joint representative director is a foreign national, he or she must be a resident with status of residence who can engage in business management. By becoming a joint representative director, it will be smoother when contracting real estate with a Japanese company.
2) Transfer capital to the personal bank account of the Co-representative director
You set up a company by capitalizing the co-director’s bank account. If you do not have a bank account in Japan, you are allowed to transfer the capital to the bank account of the co-director and register for company establishment in Law. In addition, the Co-representative director must be a person who can be trusted as a business partner because it is not necessary to carry away the capital.
3) Co-Representative Director makes an office contract
As the company has not yet been established when renting an office, the joint representative director will temporarily make a contract in the name of an individual. When you rent an office in your personal name, you will need a certificate of residence and seal of a joint representative director in Japan. And, once the company is established, we will switch the contract to corporate name. Please note that the purpose of the office is for business use.
4) After completing the company establishment procedure, have the resigned co-representative director
After completing the procedures such as company establishment and office contract, please resign as a joint representative if necessary. And you will apply for a Business Manager Visa.
Immigration consultant, Financial advisor
He has 18 years experience in Investment Banking at Mitsubishi UFJ Morgan Stanley. He had provided financial advisory more than 500 entrepreneurs and senior management.
He currently supports many foreign entrepreneurs in Japan, taking advantage of the experience of an investment banker. He is the best expert of Business VISA in Japan.
Gyoseishoshi Immigration Lawyer
CMA(Japanese financial analyst license)
CFP (Certified Financial Pllanner)
MBA in Entrepreneurship(Hosei Business School)