JP seek Investments, Digital nomads

Japan aims to attract US$750 billion in foreign direct investment and increase the influx of foreign talent and remote workers, under a new plan aimed at enhancing economic growth and global competitiveness, reports Kyodo News. The government plans to attract investment in strategic areas, including semiconductors, green technology, digitalization, and healthcare. Japan will also explore ways to attract digital nomads, as the pandemic has spurred a fresh look at work styles. Currently, Japan does not issue a visa specifically for such workers, unlike some other nations.

 

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We have issued a report on issues to consider for Japanese tourism during the inbound recovery period.

The main points are as follows

The report is in Japanese only, but an English version will be sent out within a couple of months.
・Inbound market recovery accelerated in March, and we are optimistic about the recovery of the Chinese market in the future.
・The STR (short term rental) market is growing due to the spread of remote working, including digital nomads, but challenges are also evident.
・In Japan, tourism-related industries are expected to play a leading role in driving the circular economy by introducing remanufactured products, based on trends in Europe.

EY Japan、インバウンド回復期における日本のツーリズムの検討課題を分析

 

 

This is really good report to understand Inbound M&A Transactions in Japan.There’re 20 case studies of Japanese companies that successfully conducted inbound M&A transactions by effectively utilizing foreign capitals.

Hope we could become a bridge between Japan and overseas to encourage foreign companies to invest to Japan more.

 

Japan is back, again: Ruling party releases white paper on crypto growth plans
Late last week, the Japanese ruling party’s Web 3 Project Team, led by MP Akihisa Shiozaki, released a white paper outlining its plans to boost the local #crypto industry.
Harking back to Japan’s first mover status in the crypto verse, the paper is entitled “Japan is back, again” and expresses the hope that “Japan may be the first to welcome spring after the crypto winter.”
The white paper calls upon Japan to demonstrate leadership at the G7 Summit and says it should clearly establish a leadership position for responsible innovation with an eye on the potential of Web 3.
The paper also advocates for reforms and enhancements in areas such as:
  •  Corporate and personal income tax reforms (some of which are already under way);
  •  Development of crypto-specific accounting standards;
  •  Enactment of laws to allow establishment of a DAO structure modelled after the limited liability corporation;
  •  Further improvements of the token listing approval process by the JVCEA;
  •  Defining the registration process for stablecoins under the new stablecoin regulatory framework, and establishing a self-regulatory organization to promote regulatory compliance; and Measures to promote NFT utilisation in Japanese media industries.

Mr Shiozaki has been at the forefront of advocating for Web 3 development in Japan, and had remarked in a Jan 2023 interview with CoinDesk that “[w]hat will not happen is a strengthening or tightening of controls against crypto.”

At the same time, Kyodo News reported just last month that Japan and other G7 members are looking to push for tighter #regulation amidst “lingering concern about potential risks to the global financial system posed by crypto assets.”

As Japan, like many other jurisdictions, attempts to walk the line between growth and oversight in a post-FTX world, it will be interesting to see what the landing point is in the months ahead.

Let’s make work better! Australia • Indonesia • Japan • Korea • Singapore • Taiwan • Thailand
Real Estate

 

Unsurprisingly, Asian cities feature very prominently on this list of the best places to be a digital nomad. Think “inspiring travel experiences, scenery and food alongside stellar connectivity, infrastructure and a manageable cost of living.”

If you’re a digital nomad exploring Asia, a JustCo membership makes a lot of sense. It’s a travel essential, giving you access to over 40 high-quality and convenient coworking locations across gateway cities on this list :

Bangkok (no. 2)
Seoul (4)
Taipei (13)
Tokyo (20)
Sydney (22)
Singapore (28)
(not to mention #Melbourne, which really ought to be on this list too)!

Shout out to The Instant Group for compiling this useful guide, and Michelle Street for bringing it to our attention!

Douglas Montgomery

CEO / Founder – Global Connects Media
Here is a new trend – “digital-nomad” visas, becoming more popular in Asia, finally Japan is jumping on the bandwagon. I wonder if this will make the coffee shops in central Tokyo even busier because people sure are not working at home or the office.

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