According to information from the National Tourism Organization of Japan (JNTO) said that in the first 5 months of this year had 7.54 million foreign visitors to Japan and the strong growth momentum that its target of 18 million foreign tourists this year of Japan is within reach
The exchange rate fell from about 80 yen / USD by the end of 2012 to about 123 yen / US $ at the current time. Cheap yen is strong attraction for foreign tourists in Japan by the conversion of foreign currencies into yen they will be more profitable, thereby encouraging them to increase spending and purchasing power.
To encourage visitors to increase spending, Japan has reduced sales tax on many goods that preferred foreign visitors, while the tax exemption in hundreds of stores in Tokyo and other areas. The Japanese government expects visitor spending will increase from 1,600 billion yen (12.96 billion dollars) in 2014 to 4,000 billion yen (32.4 billion dollars) in 2020
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