Basic question about NISA

[Ramune]

Hello, I've been reading information about NISA, but I'm still not sure about several things as below:
1. I read that if you invest money on NISA, the money that you get when you sell all of your asset will be free from tax. So if I invest around 1 million yen on NISA after several years and decided to sell of them, I will get back all of it? Or is there any detail that I missed related to it?

2. Since I have Rakuten card for my CC, is it better for me to invest at Rakuten and pay it using the CC? Or it's not giving any extra point etc?

3. I want to start investing at NISA slowly, since it's my first time investing. Is it fine if I just put 3-5k yen each month on tsumitate part only?

4. Can I change the amount I want to invest monthly easily if I want to increase/decrease the amount? Or usually it's already fixed after you choose the amount for the first time?

5. Any recommendation site to register for NISA? Or just choose whatever between SBI/Rakuten?

I hope anyone can help to answer it and thank you very much.

[adamu]

1. I read that if you invest money on NISA, the money that you get when you sell all of your asset will be free from tax. So if I invest around 1 million yen on NISA after several years and decided to sell of them, I will get back all of it? Or is there any detail that I missed related to it?

You only get back all of it if the value does not go down due to market conditions. That is not guaranteed at all, but historically the market goes up over a long period of time.

You are right about captial gains tax though: if you sell, you get 100% of the value of the sale, no tax is due.

2. Since I have Rakuten card for my CC, is it better for me to invest at Rakuten and pay it using the CC? Or it's not giving any extra point etc?

You will get some points. Rakuten is fine. The other good one is SBI. I think going with Rakuten won't hurt, but the point systems have been getting slowly worse, so I wouldn't prioritise the broker choice just because of points.

3. I want to start investing at NISA slowly, since it's my first time investing. Is it fine if I just put 3-5k yen each month on tsumitate part only?

Yes, completely fine.

4. Can I change the amount I want to invest monthly easily if I want to increase/decrease the amount? Or usually it's already fixed after you choose the amount for the first time?

You can change the amount easily. It can get a bit more tricky if you invest with a credit card due to having to make decisions up to two months in advance sometimes.

5. Any recommendation site to register for NISA? Or just choose whatever between SBI/Rakuten?

https://retirewiki.jp/wiki/NISA#Choosin ... A_provider

[beanhead]

Hello, I've been reading information about NISA, but I'm still not sure about several things as below:
1. I read that if you invest money on NISA, the money that you get when you sell all of your asset will be free from tax. So if I invest around 1 million yen on NISA after several years and decided to sell of them, I will get back all of it? Or is there any detail that I missed related to it?

Forget the NISA part for now. It is just a kind of account.
You are buying products with your 1 million yen. Probably index funds.
The idea is that, over time, the value of these funds will increase, as they are made up of stocks of the largest companies in the world (assuming equity funds).
There are no guarantees, of course. Hence the general advice is to have a long time-span for all money you decide to invest. If you need that money for a house deposit or something in a few years, investing it may not be such a good idea.
Investing brings risks, which is why the returns will generally be much higher than keeping that money in the bank (but no guarantees).

Back to NISA and the tax part. If your 1 million yen grows to 2 million yen, you have gained 1 million. Usually you would have to pay the Japanese government tax on that gain, but NISA means you don't owe any tax on it.