Updated List of Eligible Investment Products for NISA in Japan

Foreign entrepreneurs and investors in Japan should take note of the recent updates to the eligible investment products under the NISA (Nippon Individual Savings Account) scheme. These changes can significantly impact investment strategies and financial planning for both residents and non-residents. Understanding the nuances of these updates is crucial for making informed investment decisions in the Japanese market.

Background & Context

The NISA (Nippon Individual Savings Account) was established in 2014 as a tax-advantaged investment scheme aimed at encouraging personal savings and investments in Japan. Under this program, individuals can invest in a variety of financial products without incurring capital gains tax on profits. The Financial Services Agency (FSA) of Japan (金融庁, Kin’yū-chō) oversees the NISA program and regularly updates the list of eligible investment products. The latest update, effective from April 30, 2026, includes a revised list of investment products that qualify for the ‘tsumitate’ (installment) investment framework, which allows for systematic investment over time. This update is part of ongoing efforts to enhance the attractiveness of the NISA program and to promote long-term investment habits among Japanese residents and foreign investors alike.

How This Affects Your Business in Japan

Item	Cost (JPY)	Cost (USD approx)	Notes
Company Registration	¥150,000	$1,000	One-time fee
Notary Fee	¥50,000	$350	Required for document notarization
Visa Application	¥4,000	$30	Per application

1. Foreign Residents Already Operating a Business in Japan
If you are a foreign resident with an existing business, the updated list of eligible investment products under the NISA scheme provides new opportunities for tax-efficient investment. You should review the updated product list on the FSA website and consider reallocating your investment portfolio to include these new options. Ensure that you have the necessary documentation ready, such as proof of residency and identification, to take advantage of these products. Failure to adapt your investment strategy could result in missed opportunities for tax savings.

2. Foreign Nationals Planning to Establish a New Company
For those considering starting a business in Japan, understanding the NISA investment options can be beneficial for personal financial planning. As you set up your business, consider how you can leverage these investment products to enhance your financial stability. You will need to apply for a NISA account through a financial institution, providing necessary identification and residency documentation. Not taking advantage of these investment opportunities could hinder your financial growth.

3. Foreign Investors Who Are NOT Residents of Japan
If you are a foreign investor looking to invest in Japan, the updated NISA product list may present new avenues for investment. However, non-residents should be aware of the specific regulations regarding foreign investments in Japan. Consult with a financial advisor familiar with Japanese investment laws to ensure compliance and maximize your investment potential. Ignoring these updates could lead to missed investment opportunities and potential tax liabilities.

Step-by-Step: What You Need to Do

Step 1: Review the Updated NISA Product List
Visit the Financial Services Agency (FSA) website to access the latest list of eligible investment products. English support is available on the website.
Office: Financial Services Agency (English Support: Yes)
Cost: Free (¥0)
Time: 1 hour
Pitfall: Not checking for the latest updates

Step 2: Gather Necessary Documentation
Prepare identification, proof of residency, and any other required documents for opening a NISA account.
Office: Your local municipal office (English Support: Limited)
Cost: Free (¥0)
Time: 2 hours
Pitfall: Missing required documents

Step 3: Choose a Financial Institution
Select a bank or brokerage that offers NISA accounts. Ensure they provide English support.
Office: Various banks and brokerages (English Support: Varies)
Cost: Varies by institution
Time: 1 hour
Pitfall: Choosing an institution without English support

Step 4: Open a NISA Account
Submit your documents and application to the chosen financial institution.
Office: Selected financial institution (English Support: Varies)
Cost: Typically free, but check with the institution
Time: 1-2 weeks
Pitfall: Incomplete application

Step 5: Invest in Eligible Products
Once your account is open, you can begin investing in the eligible products listed under the updated NISA scheme.
Office: Selected financial institution (English Support: Varies)
Cost: Depends on the investment amount
Time: Ongoing
Pitfall: Not understanding eligibility criteria

Key Contacts
www.jetro.go.jp/en/
www.moj.go.jp/isa/
www.fsa.go.jp/en/

Expert Analysis: Japan vs. Regional Competitors

Metric	Japan	Singapore	Hong Kong	South Korea
Incorporation Time	14 days	3 days	5 days	12 days
Minimum Capital Requirement	¥0	S$1	HK$1	₩1
Corporate Tax Rate	23.2%	17%	16.5%	22%
Visa Processing Time	4 weeks	2 weeks	3 weeks	5 weeks

What to Expect Next

Looking ahead, foreign investors should monitor any upcoming changes to the NISA scheme, particularly regarding the types of products eligible for investment and potential tax reforms. The FSA is expected to continue refining the NISA program to enhance its appeal, with possible announcements in the next fiscal year. Keeping abreast of these developments will be crucial for making informed investment decisions in Japan.

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Sources & References

This article is based on the following source and enhanced with professional analysis for foreign business owners.
Source: その他,つみたて投資枠対象商品届出一覧及びつみたて投資枠対象商品の概要を更新しました。

⚠️ This article is for informational purposes only and does not constitute legal advice. Please consult a qualified Japanese attorney (bengoshi) or judicial scrivener (shiho shoshi) for advice specific to your situation.