My wife and I are planning on moving to Japan and opening a bar. We had bought tickets earlier this year to go check out a few neighborhoods we were interested in and right before we left in October the new requirements were announced.
Big let down.
However we had the tickets and are about a year or two out from pulling the trigger so decided to keep pushing forward and see how things pan out.
Now that we're back, trip was amazing, fell in love with a cute little town, determined to make it work, and we're hearing feedback from the new requirements.
I want to ask people in the field if we are understanding the capital requirement correctly. We plan to apply for the Start-Up Visa first then transition. We need 30 million Yen capital to transition to the Business Manager Visa.
As I understand capital (And I'm asking because I'm afraid I'm wrong) we can consider all our expenses during the Start-Up phase as well as the building purchase (done through the company) as capital. So salary, renovations, equipment, product, etc., would count towards the 30 million Yen capital requirement as long as we have a well documented paper trail and our books are detailed.
This seems doable, but with all the panic around the capital requirement I'm worried I'm misunderstanding something. Am I?
by EightRavens