Junior NISA

From RetireWiki.jp
Jump to navigation Jump to search

A type of NISA for Japan-resident children aged below 20, summarised below:

  • Annual investment limit of ¥800,000.
    • This is within the gift tax annual limit of ¥1.1 million[1].
    • The limit is per calendar year irrespective of when within the year the account was opened.
  • Cannot be transferred to other financial institutions (unlike other NISAs).
  • The JNISA began in 2016 and will end in 2023.
  • The investments can remain invested tax free until the child turns 18, even after 2023.
  • No withdrawals in principle until 18… however, when the JNISA ends in 2023, funds will be transferred to a regular securities account, where withdraws are permitted.


Many thanks to the following RetireWiki.jp users for writing this article: