Tsumitate NISA

The Tsumitate NISA (つみたてNISA) is a tax-efficient investment account designed for monthly investments into Japanese-domiciled mutual funds. The annual limit that can be invested is ¥400,000. Investments made in a particular year are free of capital gains and dividend tax for 20 years.

2023 is the last year contributions can be made to a Tsumitate NISA, which will remain tax-free until the end of 2042. From 2024, NISA and Tsumitate NISA are being combined into a new NISA with a lifetime allowance. See the NISA article for more details.

Note that in any calendar year, an individual cannot contribute to both a NISA and a Tsumitate NISA.

See also

• NISA
• Comparison of iDeCo, NISA and Tsumitate NISA

Credits

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

Adamu, Kuma