I've received my startup visa in Hiroshima, and have come upon a point for which my online research differs from the advice being provided by my Gyōsei shoshi.
I have my 5 million yen capital requirement fulfilled; however, my Gyōsei shoshi repeatedly asserts that if I used that money to purchase property (in my case, an Akiya for my studio and office, as well as renovations after), I will have to continuously ensure that my 5 million yen capital is replenished during my visa review every year.
That doesn't really make sense, because that means I have to prove my capital every year; but I will have assets for which I've paid money — on the other hand, I can maybe understand that the cash on hand on a company shows that it isn't in the red…? Wooden buildings have a limited lifespan in Japan — about 10 years since its building; however, since I'm purchasing a second-hand building that was built before I was born, that would have long expired.
Wondering if anyone can shed light on this? I'll also ask on Japan Finance reddit since this might be a business type problem?
by curselayne