Core Points - The new regulations for the "Business Management" visa in Japan have raised the capital requirement to 30 million yen (approximately 1.4 million RMB), marking a significant change from the previous requirement of 5 million yen (approximately 250,000 RMB) [2][3][30] - The policy change is expected to impact over 20,000 Chinese families who were planning to immigrate to Japan under the previous, lower threshold [3][30] - The new regulations are seen as a major setback for foreign applicants, particularly Chinese nationals, as they effectively close the door on the previous immigration pathway [3][30] Group 1: Visa Regulation Changes - The new capital requirement for the "Business Management" visa is set at 30 million yen, significantly increasing the financial barrier for applicants [2][18] - Additional requirements include hiring at least one full-time Japanese national or permanent resident and demonstrating Japanese language proficiency at the N2 level [17][30] - The new regulations aim to filter out applicants who do not meet Japan's expectations for business management capabilities, thus preventing the misuse of the visa system [24][29] Group 2: Impact on Chinese Immigrants - The number of Chinese nationals holding the "Business Management" visa has increased significantly, with projections indicating that over 50,000 Chinese may settle in Japan by 2025 [8][9] - Many Chinese families are now reconsidering their plans, with some opting to return to China due to the increased barriers [32] - The sentiment among potential applicants is divided, with some rushing to apply before the new regulations take effect, while others are choosing to pause or abandon their plans [2][3][22] Group 3: Industry Reactions - Immigration consultants and related service providers are experiencing a decline in client numbers as potential applicants become more cautious in light of the new regulations [22][24] - Some industry professionals believe the new regulations will lead to a significant cleansing of the market, removing those who do not genuinely engage in business activities [24][25] - The changes have prompted a reevaluation of business strategies among current visa holders, with many seeking alternative pathways to remain in Japan [30][32]

Core Insights - The article emphasizes the attractiveness of the Turkish deposit immigration program for investors seeking effective tax planning and asset isolation in the context of the CRS (Common Reporting Standard) policy [1][3]. Summary by Sections Investment Requirements - Investors must deposit $500,000, converted to Turkish Lira at the current exchange rate, into a Turkish bank account and commit to a 3-year term to qualify for Turkish citizenship [1][7]. Tax Benefits - Investors can benefit from Turkey's tax policies, as income earned outside Turkey is not subject to Turkish tax if they reside in Turkey for less than 183 days [3][8]. - Turkey has no inheritance tax, and non-residents are exempt from income tax on foreign earnings, providing significant tax optimization opportunities [8]. Privacy and Asset Protection - Holding a Turkish passport allows investors to open overseas accounts while being recognized as Turkish tax residents, thus enhancing privacy and asset protection [3][8]. - The Turkish passport supports name changes without revealing previous names, further increasing identity confidentiality [8]. Flexibility and Accessibility - The program has relaxed requirements, such as no need for proof of funds, medical exams, or language proficiency, allowing for a straightforward application process for the entire family [8]. - Turkish bank deposit interest rates are high, with rates reaching up to 47% for 1-month deposits, which can offset the depreciation of the Lira [3][5]. Global Mobility - Turkish passport holders can travel visa-free to over 120 countries, enhancing global mobility for business and investment opportunities [8].