News Japan to grant residency to high-earning professionals after one year

The update, which the government hopes to implement in April, shortens the period to one year for researchers and engineers who make at least 20 million yen ($149,000) annually and have either a graduate degree or at least 10 years of work experience. The reduced time frame also applies to business managers who make at least 40 million yen and have at least five years of experience. These professionals will be able to bring two foreign domestic workers into Japan instead of the current one. Their spouses will be able to work full time in a wider variety of fields. There were 3,275 people designated as highly skilled professionals in the January-June half. Just 783 of them were new arrivals. The planned update will also allow elite university graduates from around the world to stay in Japan for two years to look for work. Currently, they have 90 days. The scheme will apply to those who, within the last five years, graduated from a university in at least two of three top-100 rankings created by British and Chinese entities. They will be able to bring their families along as well.

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