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Rakuten NISA Frequently Asked Questions
What is Rakuten NISA?
Rakuten NISA is a tax-free investment account offered through Rakuten Securities in Japan, allowing residents to invest up to ¥1.2 million annually without paying taxes on capital gains or dividends.
How do I open a Rakuten NISA account?
You can open a Rakuten NISA account by first creating a Rakuten Securities account online, then applying for the NISA option through their platform. The process requires Japanese residency documents.
Can US citizens use Rakuten NISA?
While Rakuten NISA is available to Japan residents, US citizens face additional tax reporting requirements and some restrictions due to US tax laws. Consult a tax professional before opening an account.