Business Manager Visa
Hi all,
Am currently based in UK looking to move to Japan.
I am interested in the BMV option for JP. I do have 5m+ in savings and have 5 years experience working in managing an engineering team as well as an engineering degree and am currently working in one of the world's biggest tech companies.
BUT, am no longer interested in working 9-5 making millions for a company that's working me into the ground. So, I am considering stepping up to a life long dream of mine which is to own and run a guesthouse.
While I don't speak Japanese, I am looking for this information to make plans for 1-2 years down the line, so will have time to start learning then can seek legal help from fluent speakers when needed.
My questions:
- I am looking to co-own this business with my mother (52, BSc, 10+years in teaching) , I read its an option to co-own and we would both get BMV, is this true?
2)Are we required to hire 2 employees min? conscious that would cut into any money we make.
3) What are the requirements for renewal of Visa after 1 year? I read on some blogs that you have to make 10m yen in the 1st year? Surely not? Can anyone confirm?
4) I am thinking of locations north of Tokyo or south of Fukoaka, hoping thats cheaper(ish) than Tokyo/Kyoto
Appreciate the help on the above questions and any other considerations you d like to raise. We do have a trip booked in Nov to experience JP for 3 months to see if we d like to live there.
PS. I am also looking into South Korea as an alternative