RetireJapan

Hello,

I'm currently 28 and looking how to get into investments. I'm a foreign resident since about 2 years in Japan, and would like to invest and hold for the long term. But I will probably not stay ad vitam in Japan and will maybe go back to Europe at some point in the next 2 years. I have hard times making a choice between NISA versus a traditional broker.

New NISA:

Pros: Generous tax free scheme, easy to deal with taxes
Cons: Can't keep it when I leave, meaning I have to sell everything and transfer the money to Europe

Interactive Brokers:

Pros: Better products, can be transferred from Japan to Europe without selling
Cons: No tax benefits, harder to deal with taxes

My question is, do you think it's still worth to invest in NISA if you would probably leave Japan in the future ?

This is not really about NISA. It is more a question of 'should I invest with a Japanese broker or one overseas?'

You wrote that you would like to buy and hold, but you will not be able to do this with a Japanese broker if you leave. You will have to close the account down and sell all of your investments.

So IB or another overseas broker (can you set one up in your home country?) seems to be the best solution.

I appreciate your answers here, thank you for your help. I will begin with IB and maybe move with NISA if my situation evolves