🇨🇦 Canada vs 🇪🇸 Spain
Side-by-side early retirement comparison — taxes, cost of living, healthcare, and FIRE number.
Key Takeaway
Spain is somewhat cheaper than Canada for retirees. With a cost of living index of 60 vs 75, your money goes 20% further in Spain. Capital gains tax is 19% in Spain vs 25% in Canada. Use the calculator to see your personalized FIRE number for both countries.
Side-by-Side Comparison
Tax Comparison for Retirees
🇨🇦 Canada Taxes
🇪🇸 Spain Taxes
Special Tax Regimes for Expats
Beckham Law
24% flat tax on Spanish income up to €600k. Foreign income exempt except employment.
Calculate Your Exact FIRE Number
Enter your portfolio, spending, and retirement age to see a personalized comparison between Canada and Spain — with Monte Carlo simulations and tax modeling.
🔥 Open Calculator — Canada vs SpainFAQ: Canada vs Spain for Retirement
Is it cheaper to retire in Spain or Canada?
Spain has a cost of living index of 60 compared to Canada's 75(where US = 100). Spain is somewhat cheaper than Canada for retirees. Your money goes approximately 20% further in Spain.
How do taxes compare between Canada and Spain?
Capital gains tax is 19% in Spain vs 25% in Canada. The top income tax rate is 47% in Spain vs 33% in Canada. For FIRE retirees, the effective tax rate depends on your withdrawal strategy — use our calculator for a personalized estimate.
What about healthcare in Spain vs Canada?
Estimated annual healthcare costs are $0 in Spainvs $0 in Canada. Spain offers public healthcare access for residents. Canada offers public healthcare access for residents.