Last month in Japan, I was taken care of by @_FORAB AB and his wife, who explained many details about Japanese immigration to me, giving me great inspiration. Although Japan is not very friendly to cryptocurrency in terms of tax policy, with capital gains tax, if work and non-residence can be separated, Japan is a very livable place. In terms of living costs, Japan's prices are similar to Shanghai, with Tokyo possibly being slightly more expensive, but only marginally. Except for some fruits, it is much cheaper compared to Singapore. I roughly calculated that my personal basic living and accommodation costs would be around 40% of Singapore's. For a whole family, including children's schooling, this ratio could be reduced to about 30% of Singapore's. The biggest expense in Japan compared to Singapore is probably transportation costs, but car prices in Japan are much cheaper than in Singapore, with significant discounts even after price reductions, so buying a car in Japan is not a big issue. In terms of entertainment expenses, Japan and Singapore are not very different, but overall Japan is slightly cheaper. However, Japan's biggest problem, as AB said, is that there are still too few friends, and Japan is larger compared to Singapore, making it difficult to gather friends within half an hour, and there are also language barriers, which can be somewhat troublesome. But despite these shortcomings, Japan's current immigration policy is good, especially for families with children considering overseas education. Japan's PR (Permanent Residence) cost-effectiveness is high, and compared to Singapore's opaque system, Japan's PR or naturalization is a better option before obtaining Singapore PR. twitter.com/Phyrex_Ni/status/1...
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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