Wow! That throws much of the western world out of the water. I'm wondering if there is any requirement for continued residency. For example, in US if you don't live 6 months out of a year in US then you risk your green card getting cancelled.
However, just like US, having permanent residency subjects you to worldwide taxation which may not be ideal for everyone.
https://www.japantimes.co.jp/community/2016/10/30/how-tos/lo...
If anyone has more information, I’d be interesting it reading it as it’s pretty unclear to me.
Correct [1], even if you're on a regular work visa. "Permanent resident for tax purposes" != "Permanent resident as in visa"
Interestingly, as of 2017, you're taxed on worldwide investment income like selling stock (with some exceptions [2]) even if you're there for < 5 years.
[1] http://taxsummaries.pwc.com/uk/taxsummaries/wwts.nsf/ID/Japa...
[2] https://www.pwc.com/jp/en/taxnews-international-assignment/a...
The USA is unique in the fact that they don't. Trump has made noises that he wants to change the system to a points system.