Best Residence by Investment Lawyers in Yokohama

About Residence by Investment Law in Yokohama, Japan

Residence by Investment, sometimes called an investor visa, refers to immigration programs that allow foreign nationals to obtain residency rights in exchange for significant investments in the host country. In Japan, while there is no formal "golden visa” program similar to some countries, there are several immigration pathways that allow individuals to gain resident status in exchange for business investment or entrepreneurial activity. Yokohama, as one of Japan’s largest cities and a key economic center, is a popular destination for such investors seeking residency opportunities, business prospects, and a high quality of life.

Why You May Need a Lawyer

Navigating the Japanese legal system and the specific requirements for residence by investment can be complex. Here are some common scenarios where hiring a local lawyer is beneficial:

• You are unfamiliar with Japanese immigration law and need guidance on eligibility and processes.
• You need help preparing and submitting required documentation for a Business Manager Visa or Investor/Business Manager Visa.
• You require advice on structuring your investment or business in compliance with local regulations in Yokohama.
• You need assistance communicating with local authorities or addressing application delays and denials.
• You have personal or family immigration needs connected to your investment plans.
• You face challenges related to taxation, business licensing or corporate setup.

Lawyers not only clarify legal requirements but also help ensure that your application proceeds smoothly and that your investment is protected under Japanese law.

Local Laws Overview

Japan’s residency by investment framework is primarily centered around the Business Manager Visa. This visa allows foreign nationals to reside in Japan by investing in and managing a business. The key requirements under Japanese law, particularly relevant in Yokohama, include:

• Proven investment of at least 5 million yen (around 40,000 USD as of 2024) in a new or existing business in Japan.
• Business premises located in Japan. A virtual office is typically not sufficient and physical office space is required.
• A sound business plan demonstrating the viability and sustainability of the business.
• Compliance with company registration, tax, and employment laws as specified by Japanese authorities.
• Ongoing operation of the business during the period of stay in Japan. Failure to maintain business activities or investment may result in revocation or non-renewal of your residence status.

Local Yokohama regulations may provide additional requirements or incentives, such as support programs for foreign entrepreneurs. However, immigration decisions are handled by national authorities like the Immigration Services Agency of Japan.

Frequently Asked Questions

What is the minimum investment required for residency by investment in Yokohama?

The minimum required investment is 5 million yen for the Business Manager Visa, though the actual amount may vary depending on business type and needs.

Can I invest in real estate to obtain residency in Yokohama?

No, Japan’s investment residency program is focused on business management and entrepreneurship, not real estate investment alone.

Do I need to speak Japanese to qualify for an investor visa?

There is no legal requirement to speak Japanese, but language skills can help with business operations and integration.

Can my family members join me if I receive residence by investment status?

Yes, you can apply for dependent visas for your spouse and children.

How long does it take to process a Business Manager Visa application?

Processing times vary but typically range from one to three months, depending on the completeness and accuracy of your application.

Can I apply for permanent residency after receiving the investor visa?

Yes, after maintaining your status and residence for a certain period (usually five years), you may be eligible to apply for permanent residency.

What types of businesses qualify for the investor visa in Yokohama?

Any legitimate business can qualify as long as it adheres to Japanese law, shows a sound business plan, and meets the investment threshold.

What happens if my business does not succeed?

If your business fails or ceases operations, you may lose your eligibility for the Business Manager Visa, affecting your residence status.

Is a virtual office sufficient for the investor visa application?

No, a real physical office address in Japan is mandatory for your business to qualify for the visa.

Can I switch to another visa type after entering Japan on an investor visa?

In certain cases, you may change your visa status from within Japan if you meet the requirements of the new visa type.

Additional Resources

If you need further information or personalized advice, the following local and national resources may be helpful:

• Immigration Services Agency of Japan - the national authority for immigration matters
• Yokohama City Office for Promotion of Global City Management - offers support for foreign businesses and investors
• Japan External Trade Organization (JETRO) - provides information and services to overseas investors
• Licensed Japanese immigration lawyers (Gyoseishoshi lawyers) and legal offices specializing in international business
• Yokohama Chamber of Commerce and Industry - offers business advice and local network support

Next Steps

If you are considering residence by investment in Yokohama, Japan, start by gathering information about the various visa options and assessing your business plans. Consult with a qualified Japanese immigration lawyer to review your eligibility, structure your application, and organize your documents. Preparing a robust business plan and securing a physical business address are essential early steps. If you encounter complications or unique circumstances around your investment or residency application, prompt legal assistance can help resolve issues efficiently. Always work with reputable professionals and keep abreast of changing immigration rules to protect your investment and residency prospects in Japan.