Japan to ease ‘startup visa’ rules to lure foreign entrepreneurs

Japan to ease 'startup visa' rules to lure foreign entrepreneurs Japan to ease 'startup visa' rules to lure foreign entrepreneurs

TOKYO — The Japanese government will further ease restrictions on “startup visas” for overseas entrepreneurs planning to set up businesses in the country, Nikkei has learned.

Starting next year, a two-year grace period will be granted to visa holders to fulfill eligibility requirements. At present, the grace period is granted only in certain municipalities. With the change, the two-year period will be available nationwide. The government hopes to foster prominent startups by attracting foreign talent working on cutting-edge technologies.