According to an announcement made by the Immigration Services Agency the Japanese government will launch a new and simpler system on Friday for granting visas to highly skilled foreign professionals. This new system’s objective is to attract more international talent to the nation.
Foreigners in order to qualify for this the applicants must earn at least $151,000 annually and have a master’s degree. So they will be given preference under the new system. This is different from the current points-based system, which gives points based on things like income and academic and employment history.
As of now, candidates with an adequate number of focuses are conceded a five-year profoundly gifted proficient visa and can gain a visa with an endless time of stay following three years. Advanced academic research, advanced specialized/technical activities, and advanced business and management activities are all eligible for this visa.
The new system will allow applicants who have a master’s degree or higher and an annual income exceeding 20 million yen or who have worked for ten years or more and have earned over 20 million yen annually to obtain a five-year visa. Then again, those applying for cutting-edge business and the board exercises will be conceded a five-year visa on the off chance that they have a work record of five years or more with a yearly pay of Â¥40 at least million.
In contrast to current holders, who must wait three years, applicants who meet the simplified requirements and are granted a five-year visa will also be eligible for a permanent visa after residing in Japan for a year.
With the intention of establishing a new system that “ranks among the best in the world,” Prime Minister Fumio Kishida instructed the relevant ministries to consider reforms that will attract highly skilled professionals to Japan in February.