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Japan's Nomad Welcome: Attracting Digital Nomads and Foreign Investment to Secure Economic Future

Japan Sets Ambitious Target to Attract $750 Billion in Foreign Investment by 2030 Japan has unveiled a new action plan to attract more foreign investment and talent in an effort to boost economic growth and enhance its global competitiveness. The government aims to attract 100 trillion yen (approximately $750 billion) worth of foreign direct investment by 2030, which is more than double the 46.6 trillion yen of foreign investment recorded at the end of 2022.   The plan, which aims to capitalize on the country's weak yen to attract foreign investment, also seeks to attract more foreign workers and entrepreneurs, including remote workers commonly referred to as "digital nomads." The move comes as the COVID-19 pandemic and Russia's war in Ukraine highlight the need to strengthen supply chains and ensure national security.   The action plan outlines strategic areas for investment, including semiconductors, digitalization, green technology, and healthcare. To ach...