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Chinese invest five million yen in guesthouses to obtain residency rights, with Osaka's Nishinari slum becoming a new immigrant paradise?
Nishinari in Osaka's Nishi Ward ( is one of Japan's three major slums, and the scene you encounter here is different from what all international tourists have in mind about Japan. Nearly 90% of people in Osaka's Nishi Ward are receiving social assistance, and many elderly individuals cannot even apply for social assistance and can only live on the streets filled with mountains of garbage ) Source: Youtuber Maz.
The underworld, drug addicts, and filth in the Osaka Nishinari area are gradually becoming active, as wealthy Chinese entrepreneurs are pouring in funds to buy land and properties to open guesthouses and luxury resort apartments. Will the wealthy people from China turn the notoriously infamous Osaka Nishinari into gold? Suddenly, a large influx of Chinese immigrants and capital has drawn the local people's attention to this phenomenon.
Chinese people are buying up real estate in Osaka.
The Osaka area is often full of tourists, and many travelers turn to AirBnB or short-term rental suites for accommodation. Ryū Hayashi, president of Seisei, Osaka, who has lived in Nishinari Osaka for 30 years, said that Osaka B&Bs have reached a record high occupancy rate of 80%, the highest in Japan, and homestays and vacation rentals have become an alternative to hotel accommodation, which can solve the shortage of hotel rooms. He plans to buy more real estate and build bungalows. Lin Lingyu planned to build a China Town Chinatown in Xicheng ( known as Chinatown ( in Japan, and wanted to make Xicheng Chinatown on a par with the Chinatowns of Kobe and Yokohama, and let Chinese restaurants and karaoke casinos and other casinos enter a new gathering place for Chinese and tourists, but this plan was full of opposition in Xicheng.
The COO of Great Stay, Taisho Maeda, stated that when he found a place to purchase property in Osaka, the other party often said it had already been bought by a Chinese person.
Demand for Osaka Nishinari Vacation Apartments Exceeds Supply
According to Television Osaka News, the cases of Chinese people purchasing land and developing private residences are most common in Nishinari, Osaka. Walking into the alleys, many house doors are posted with documents stating "Special Area Minpaku" ) Vacation Rental (. According to the local building standards law, there are three different types of rental arrangements that can be transformed into apartment buildings, dormitories, standalone houses, apartment buildings, hotels, and other facilities.
Six years ago, Lin Chuanlong set his sights on the transportation-friendly Nishinari Ward, purchasing a closed shop in the shopping street and leasing out the land to open a karaoke izakaya. His new project is a building with 84 rooms, which quickly became fully booked by foreign tourists. Many Chinese and Japanese individuals have approached President Lin Chuanlong to inquire about real estate investments, with buyers from China and Hong Kong outnumbering those from Japan.
Chinese people know how to obtain the path to operate licensed homestays.
WANG MOLIN, THE MANAGER OF BE KOBE CONCEPT, SAID SHE WENT TO HIGH SCHOOL IN JAPAN AS AN EXCHANGE STUDENT, RAN A HOMESTAY AFTER GRADUATION, AND THEN STARTED A REAL ESTATE BUSINESS, AND NOW THE BUSINESS IS EXPANDING, AND A NEW INTERIOR DESIGN COMPANY IS ABOUT TO OPEN. She originally had a student visa, but after graduation, she changed it to a "business management visa". Wang Molin does not need to apply for immigration to legally stay and work in Japan, and examples like her are not an isolated case, many Chinese people only need to invest in Japan with a small amount of money to open a company in Japan to stay in Japan legally. It is also the most relaxed to open a homestay in Osaka.
The investment visa in the United States is more expensive than in Japan, and the threshold is also higher. Foreigners can meet the threshold for starting a company in Japan by investing a minimum capital of 5 million yen and employing two or more employees.
It was noticed early on that a significant number of Chinese people are investing in guesthouses, according to Professor Yoshihisa Matsumura of Nanzan University. He stated that among the 5,877 certified guesthouse cases in Osaka City, about 40% are operated by Chinese individuals. (Data as of the end of February 2020)
According to his research, an increasing number of Chinese people are starting businesses with a minimum investment threshold of 5 million yen. The real estate bubble in China has led wealthy Chinese individuals to transfer their assets overseas, with Japan being the preferred choice. Chinese nationals can reside locally simply by making real estate investments, often without needing to work much. Professor Yoshihisa Matsumura believes that those who move to Japan now may not necessarily abide by Japanese rules, and the issues surrounding these new immigrants need attention.
There are many comments under the news video, one of which says, "Don't report it positively, this needs to be treated as a national crisis. This is a crisis." ) This needs to be treated as a national crisis, do not report it positively (.
This article discusses how Chinese people are investing 5 million yen in guesthouses to obtain residency rights, with Osaka's Nishinari slum becoming a new immigrant paradise? First appeared on Chain News ABMedia.