New Tsumitate NiSA

Post Reply
sytyue
Regular
Posts: 48
Joined: Tue Feb 06, 2018 6:17 am
Location: Japan, Nagano
Contact:

New Tsumitate NiSA

Post by sytyue »

So I was told that the tsumitate NISA has been extended from 20 to 25 years. Does anyone know if the investment amount has been changed as well?

Thanks in advance!
User avatar
RetireJapan
Site Admin
Posts: 4718
Joined: Wed Aug 02, 2017 6:57 am
Location: Sendai
Contact:

Re: New Tsumitate NiSA

Post by RetireJapan »

Haven't seen that yet! FSA website unchanged: https://www.fsa.go.jp/policy/nisa2/abou ... index.html
English teacher and writer. RetireJapan founder. Avid reader.

eMaxis Slim Shady 8-)
sytyue
Regular
Posts: 48
Joined: Tue Feb 06, 2018 6:17 am
Location: Japan, Nagano
Contact:

Re: New Tsumitate NiSA

Post by sytyue »

https://media.rakuten-sec.net/articles/-/25443

My Japanese level is still very low but from what I read, tsumitate NISA will be extended by 5 years
現在、新規に投資できる期間は2037年までですが、改正により、2042年まで5年延長されます
User avatar
RetireJapan
Site Admin
Posts: 4718
Joined: Wed Aug 02, 2017 6:57 am
Location: Sendai
Contact:

Re: New Tsumitate NiSA

Post by RetireJapan »

Ah, okay, that sounds like they extended the validity of the program, but each 'year' of tsumitate NISA is still tax-free for 20 years. Better than nothing!

Still waiting to hear the details of the new ordinary NISA account :)
English teacher and writer. RetireJapan founder. Avid reader.

eMaxis Slim Shady 8-)
Post Reply