“Money is always eager and ready to work for anyone who is ready to employ it.”― Idowu Koyenikan
Tsumitate NISA
Tsumitate NISA is a tax-exempt system that supports long-term, installment, and diversified investment, especially from a small amount.You can invest in investment trusts that meet certain criteria, with an upper limit of 400,000 yen each year . Dividends and gains on sale (transfer gains) for up to 20 years from the year of investment are exempt from tax, and the 20.315% tax that is normally charged in the account is not charged. The total amount that can be invested tax-free is up to 8 million yen (400,000 yen per year x 20 years).
Eligibility
Residents aged 20+ (18+ from 2023)
Term of investments
20 years
For each year of investing, that year’s investments are tax free for 20 years
Maximum annual investment
¥400,000
tax exempt
Dividends/dividends and gains on sales of target products.
Investment options
Investment trusts that meet national standards. Mutual funds
Withdrawals possible?
Yes
Account opening period
Until 2042 start