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Rakuten NISA FAQs
What is Rakuten NISA?
Rakuten NISA is a tax-free investment account offered by Rakuten Securities in Japan, allowing residents to invest in mutual funds and stocks 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 documentation.
Can US citizens use Rakuten NISA?
While Rakuten NISA is available to foreign residents in Japan, US persons should consult a tax professional due to complex US tax reporting requirements on foreign accounts and investments.