Photo credit: DNyuz
Japan has expressed its aim at drawing more digital nomads with the hope of giving local economies a boost amid demographic challenges.
Digital nomads work remotely while relying on technology to perform their job.
Travel information website, A Brother Abroad estimates the number of digital nomads worldwide at about 35 million. Each of them spends about $22,500 annually. This doesn’t include money invested on their own businesses, contributing to local economies.
Japan introduced a new six-month “digital Nomad Visa in March. By doing this it has joined other countries in the region in seeking highly skilled remote workers. These policies are a significant part of the country’s broader strategy to solve the problems of its aging population and slow economic growth.
The visa permits the holder, their spouse and child to remain in the country for up to six months provided they earn a minimum of $66,700. However, after the expiration of the visa, they must wait another six months before reapplying.
Ryo Osera, Japan Nomad Association executive officer said the visa’s creation is a “significant step” taken by the government while pointing out that the duration of the visa is shorter than in oter countries in the region. The arrangement also precludes permit holders from signing a contract with local companies.
Osera called for a focus on attracting more long-term residents to Japan. He said, “Its much better to attract digital nomads who have the potential to ontribute to the economy in the long run, looking 10 or 20 years ahead.”
Source: Newsweek