Economic News

Japan set to waive some visa requirements in October to boost tourism

Sakyamuni Buddha Statue, a statue of buddha in Muktinath, Nepal, Buddha stone statue. Sakyamuni Buddha Statue, a statue of buddha in Muktinath, Nepal, Buddha stone statue. japan  tourism stock pictures, royalty-free photos & images

Japan is expected to waive visa requirements for certain tourists and remove a limit on daily arrivals in October as it aims to benefit from a rebound in global tourism, Nikkei reported on Thursday.

Following the change, Japan will not require visas for short-term travelers from the United States and certain other countries and will scrap the daily entry cap of 50,000 people, the media outlet said.

Japanese Prime Minister Fumio Kishida expected to announce the changes in the country days, the report said

Osaka Tower and view of the neon advertisements in Shinsekai district, Osaka Osaka, Japan - March 28, 2019: Osaka Tower and view of the neon advertisements in Shinsekai district during day, Osaka, Japan japan  tourism stock pictures, royalty-free photos & images

With the yen languishing near a 24-year low against the dollar, owing to a hawkish U.S. Federal Reserve, the Japanese government could benefit from capitalising on the increased buying power of tourists by easing travel requirements, the report added.

Japan last week raised the daily ceiling of inbound travelers  to 50,000 from 20,000, and eliminated a requirement for pre-departure COVID tests, easing what have been among the most restrictive border measures among major economies.

Before the pandemic, Japan did not require tourist visas for 68 countries and regions.

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