Japan’s government has been actively working to enhance Tokyo’s status as a premier financial center, competing with the likes of Hong Kong and Singapore. Various regulatory reforms have been implemented to attract foreign financial firms, streamline licensing procedures, and improve market transparency.
The Tokyo Metropolitan Government has introduced incentives for international asset managers, including tax breaks and visa facilitation for financial professionals. These efforts make it easier than ever for new entrants to establish wealth management businesses in Tokyo.
With ongoing economic uncertainty in other parts of Asia, Tokyo is becoming a more attractive destination for international investors. The stability of Japan’s political and financial system further strengthens its position as a global wealth management hub.