Markdown
NISA Investment Types - Markdown
NISA (Nippon Individual Savings Account) is a tax-exempt investment system designed for individual investors in Japan. Since 2024, the new NISA system has been introduced with two investment frames: the Accumulation Investment Frame and the Growth Investment Frame. This article provides a detailed explanation of the types, features, and differences between the old and new NISA systems.
NISA
Nippon Individual Savings Account
tax-exempt investment
accumulation investment
growth investment
asset building
Japan
| code | slug | name | description | annualLimit | applicablePeriod | eligibleProducts | investmentMethod | lifetimeLimit | targetInvestors | taxExemptPeriod | combinedLifetimeLimit | note |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | tsumitate-investment-frame | Accumulation Investment Frame | A tax-exempt frame for investment trusts suitable for long-term, accumulation, and diversified investment. | 1200000 | 2024年〜 | Investment trusts and ETFs meeting FSA criteria | Accumulation investment only | 18000000 | Beginner investors, those seeking long-term management | Unlimited | | |
| 02 | growth-investment-frame | Growth Investment Frame | A flexible tax-exempt frame covering a wide range of products including individual stocks, ETFs, and investment trusts. | 2400000 | 2024年〜 | Listed stocks, investment trusts, ETFs, REITs, etc. | Both accumulation and lump-sum investment possible | 12000000 | Experienced investors, those seeking flexible management | Unlimited | 18000000 | |
| 03 | general-nisa-legacy | General NISA (Legacy) | The old NISA system until 2023. Up to 1.2 million yen annually with 5-year tax exemption. | 1200000 | 2014年〜2023年（新規投資は終了） | Listed stocks, equity investment trusts, ETFs, REITs | Both accumulation and lump-sum investment possible | 6000000 | Individual investors aged 18 and above | 5 years (until 2027 at the latest) | | 2024年以降は新規投資不可。既存保有分は非課税期間満了まで非課税。 |
| 04 | tsumitate-nisa-legacy | Tsumitate NISA (Legacy) | The old NISA system until 2023. Up to 400,000 yen annually with 20-year tax exemption. | 400000 | 2018年〜2023年（新規投資は終了） | Investment trusts and ETFs suitable for long-term, accumulation, and diversified investment | Accumulation investment only | 8000000 | Individual investors aged 18 and above | 20 years (until 2042 at the latest) | | 2024年以降は新規投資不可。既存保有分は非課税期間満了まで非課税。 |
| 05 | junior-nisa-legacy | Junior NISA (Legacy) | NISA system for minors until 2023. Up to 800,000 yen annually with tax exemption. | 800000 | 2016年〜2023年（制度終了） | Listed stocks, equity investment trusts, ETFs, REITs | Both accumulation and lump-sum investment possible | | Minors aged 0-17 (account managed by parent/guardian) | 5 years (tax-exempt possible in continued management account until age 18) | | 2023年末で制度終了。新規投資不可。18歳になるまでは継続管理勘定で非課税保有可能。 |
| 06 | tsumitate-frame-minor-2026 | Accumulation Investment Frame for Minors | Accumulation investment frame for minors scheduled to be introduced from 2026. | 600000 | 2026年〜（予定） | Investment trusts and ETFs meeting FSA criteria | Accumulation investment only | 6000000 | Minors under 18 (account managed by parent/guardian) | Unlimited | | 2026年度税制改正で導入予定。12歳から引き出し可能。 |