2024 NISA: Japan's Tax-Free Investment Account Explained
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2024 NISA Frequently Asked Questions
What is the 2024 NISA program?
The 2024 NISA is Japan's tax-free investment account that allows residents to invest up to a certain limit without paying taxes on capital gains or dividends.
How much can I invest in 2024 NISA?
For 2024, the annual investment limit is ¥1.2 million for the regular NISA account, with potential additional allowances for specific investment types.
What are the benefits of using 2024 NISA?
The main benefits include tax-free investment growth, exemption from dividend taxes, and the ability to withdraw funds tax-free after the holding period.