🇪🇸 Retire abroad
Retire in Spain, priced from your own plan
Spain is the classic sun move for early retirees, and its taxes are workable but layered: a savings-income scale rather than one flat rate, a wealth tax that depends on where you settle, and rental income on the ordinary scale.
What Runway models in Spain
- Investment gains on the progressive savings scale, so the rate depends on how much you realise each year
- The patrimonio wealth tax above its threshold, so a large pot pays a yearly levy on top of the income tax
- Net rental income taxed on the ordinary progressive scale
- Spending priced in euros, with your home currency converted through the FX scenario you choose
| Tax area | What Runway applies (2026) |
|---|---|
| Investment gains | Progressive savings scale |
| Rental income | Progressive, after deductions |
| Wealth tax | Levied above regional thresholds |
| Leaving home | Any exit tax your home country charges, priced into the move |
The move itself is part of the price
A move to Spain is never just Spain's tax rules. Leaving a country that charges an exit tax, Norway among them, can trigger a bill on unrealised gains as if you sold on the way out, and Runway prices that into the plan before a single EUR of spending is modelled. The mechanics are in what an exit tax costs when you leave, and the wider tooling question in which FIRE calculators handle a move abroad.
Once you are there, your spending runs in EUR through an exchange-rate scenario you control, so a weak krone decade is a plan you can stress, not a surprise.
Price the whole move, not the postcard
Runway prices a retirement in Spain end to end from your own plan: any exit tax on the way out, Spain's taxes on the drawdown, and your spending in local currency. Your freedom age is free.
Download free on the App StoreFrequently asked
What tax does Runway assume on investment gains in Spain?
Runway applies Spain's progressive savings scale to investment gains (the rate rises with the size of the gain), taxes net rent on the income scale, and models the patrimonio wealth tax above its thresholds. The figures are 2026, income-year-stamped, and refreshed as rules change.
Do I still pay an exit tax if I retire to Spain?
It depends where you leave from. Norway charges utflyttingsskatt on unrealised gains and several other home countries charge an exit tax of their own. Runway prices whichever one applies to you into every plan that retires to Spain, as a cost of the move, before the destination's own rules take over on the drawdown.
Does Spain still have a wealth tax?
Yes, and Runway models it. The state patrimonio applies above a threshold with big regional differences (some regions rebate it, and the solidarity levy backstops the top end), so treat the modelled figure as a representative estimate and check the region you would actually settle in.
Figures are 2026, income-year-stamped estimates from the Runway country pack for Spain, produced by the same engine the app runs. They are educational estimates, not financial or tax advice: rules change, and personal cases differ. See the full country list.