Japan has been eclipsed by Germany as the world’s third-biggest economy and has slipped into recession, according to data released Thursday, as the country battles a weak yen and an ageing, shrinking population.
Japan’s economy, now the world’s fourth-biggest, grew 1.9% in 2023 in nominal terms – meaning it is not adjusted for inflation – but in dollar terms its gross domestic product (GDP) stood at $4.2tn compared with $4.5tn for Germany.
The shift, coming more than a decade after it ceded second place to China, has been attributed to the yen’s sharp falls against the dollar over the past two years. A weaker yen eats into profits on exports when earnings are repatriated. The Japanese currency dropped by almost a fifth against the US dollar in 2022 and 2023, including a 7% fall last year.
I mean, getting a work visa in Japan isn’t really all that difficult. You basically need a 4-year degree and a company to sponsor you.
So… No, I can’t work in Japan.
Those things are achievable. Another option is to come on a student visa to either language school or university and work from that angle.
If you’re from the US, that degree could cost as much as Japan. /s
Well, that’s true. The other option is to save up and move to a country where the cost of education is super low/free and then either stay there or move on to Japan.