RetireJapan

thanks Adamu. So that website is correct actually? And the below statement is correct? "Total Tax Exemption for both is still the same as before – JPY 18M." Since 18M was achievable with the old NISA if you had invested 15 years x 1.2M per year with Tsumitate NISA, right? The reason I ask ...

thank you for your quick responses. Sorry I should have phrased the question as: The old NISA you can only invest a max of 6 or 8 million JPY? And so the new NISA increases the max by 10-12 million JPY? And thus the mentioned website isn't accurate? As it says "no change in total exemption max ...

Hi there. Sorry for another basic question on the total limit of old vs. new NISA. I'm reading conflicting info on this. This website claims that the "Total Tax Exemption for both is still the same as before – JPY 18M." https://argentumwealth.com/unlocking-nisa-the-essential-guide-for-expa...

thank you Beanhead, very helpful.

many thanks Don!

So if I gift my wife 3.6 million per year for her NISA, none of that is taxable by the gift tax? All the best, D.

Thanks for your insights on gift taxes, gentlemen.

I have another side question on this topic if that is OK.

I'm a long time resident of Japan with a Japanese wife and kids.

What if I gift my wife or child more than the 1.1 million JPY per year in Japan?

Is this subject to gift tax?