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Japan moves to tighten rules for foreigners

206 points · 623 comments · mikhael

  1. tremon · · focus · HN ↗
    > Applicants will also be required to have a pension pot equivalent to 30 years of payouts.

    Does this take into account the amount of pension a person would still accumulate under Japanese employment, or will this immediately disqualify anyone under 45?

    1. Aeolun · · focus · HN ↗
      That’s like 12 x 30 x ¥35000 = 12600000 yen. $84000. I don’t know about others, but I consider myself pretty well off and I do not have that kind of money.
      1. subtextminer · · focus · HN ↗
        That's too low. The National Basic Pension is around 60,000 yen per month and with traditional employer part on top (not everyone has it), it's 140,000 yen/month. I would think a foreigner immigrant would need to bring the equivalent of around $160k in a retirement savings account or similar.
        1. Aeolun · · focus · HN ↗
          I very much doubt they count any employer pension toward that because people that get that don’t need the money themselves.
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