Chinese laying the groundwork for Japanese migration

  

China's property market woes prompt buying spree in Japan

Older Chinese who have survived the 1966-76 Cultural Revolution and other tumultuous events are not so naive as to stand idly by as their government fails to effectively cope with the country's property slump.
 
For these and other Chinese, Japan's property market is presenting an escape route of sorts for their money.
 
They buy rooms, homes and buildings as if they were cheap cars, sometimes without even looking. Properties are then renovated and often listed on websites that make it easy to sublet private rooms to foreigners traveling in Japan.
 
One reason rich Chinese are doing this is that it can open a path to long-term residency in Japan, a process that can involve residing under a business manager visa while running or managing a business in the country.
 
Meanwhile, industry observers in Japan point out that proceeds from this kind of subletting could be illegally remitted back to the owner residing in China through smartphone apps like Alipay.