Introduction

For those considering applying for permanent residency, income requirements are a significant concern. It is often said that having an annual income of ¥3 million or more fulfills the income requirements for permanent residency applications. However, is this really true? In this article, we will delve into the actual income requirements for permanent residency applications, incorporating the latest information.

Income Requirements for Permanent Residency Applications

One of the requirements for permanent residency applications is having “assets or skills sufficient to maintain an independent livelihood.” This criterion assesses whether the applicant has the economic means to lead a stable life in Japan. However, the Immigration Bureau of Japan’s guidelines for permanent residency do not specify a concrete annual income standard. This is because the necessary living expenses vary depending on the applicant’s place of residence, family composition, and local prices.

The Truth Behind the ¥3 Million Income Benchmark

The figure of ¥3 million is a guideline derived from past cases of successful and unsuccessful permanent residency applications. It is crucial to note that this amount is not an absolute standard. In reality, the following factors are comprehensively evaluated:

• Applicant’s Annual Income
• Total Household Income
• Presence of Dependents
• Region of Residence
• Savings and Asset Status
• Job Stability

Evaluation Period for Income Requirements

Following the revision of the permanent residency guidelines in July 2019, the evaluation period for income has been extended. Generally, applicants are now required to submit tax certificates for the past five years. However, for those applying from a spouse visa, the requirement is three years. This change emphasizes the importance of stable income over a longer period.

Household Income Considerations

Income requirements are not solely based on the applicant’s individual income. In some cases, the total household income is considered. However, whether household income is recognized depends on the family members’ visa status:

• If both the applicant and spouse hold work visas: There is a higher likelihood that household income will be recognized.
• If the spouse holds a dependent visa: The spouse’s income is typically not counted as part of the household income.

Possibility of Obtaining Permanent Residency with an Income Below ¥3 Million

It is possible to obtain permanent residency even with an income below ¥3 million if certain factors are considered:

• Adequate savings or assets
• Special skills or qualifications
• Potential for future income increase
• Significant contributions to Japan

Other Important Factors

In addition to income, the following factors are crucial for permanent residency applications:

• Good conduct
• Contribution to Japan’s interests
• Residency period requirements (generally 10 years or more)

These factors are comprehensively evaluated to determine the approval of permanent residency.

Conclusion

The income requirements for permanent residency applications are not simply based on the benchmark of ¥3 million. The applicant’s individual circumstances, the economic situation of the household, and contributions to Japanese society are all comprehensively assessed. Even with an income below ¥3 million, it is possible to obtain permanent residency if other factors compensate for it. However, stable income remains an important factor. Those considering applying for permanent residency should objectively evaluate their situation and seek professional advice if necessary. Accurate information and proper preparation are key to successfully obtaining permanent residency.