🇪🇸 Retire in Spain
Everything you need to know about early retirement in Spain — taxes, cost of living, healthcare, visa options, and how to calculate your FIRE number.
Quick Facts
Taxes for Retirees in Spain
Spain has 19% capital gains tax on long-term investments. The income tax system uses progressive brackets with a top rate of 47%. For FIRE retirees living off investment income, the effective tax rate is typically much lower than the top bracket since most withdrawals come from capital gains rather than earned income.
Income Tax Brackets
Cost of Living in Spain
Spain has a relatively high cost of living with an index of 60 (where New York City = 100). While not the cheapest destination, many retirees find the quality of life excellent relative to cost, especially outside major cities.
Healthcare in Spain
Public healthcare available for residents (estimated $0/year post-retirement).
Universal healthcare for residents. Private insurance €50-100/month.
Special Tax Regimes & Visa Options for Spain
Beckham Law
24% flat tax on Spanish income up to €600k. Foreign income exempt except employment.
Ready to Calculate Your FIRE Number?
See exactly how much you need to retire in Spain. Compare taxes, cost of living, and run Monte Carlo simulations — all free.
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FAQ: Retiring in Spain
How much money do I need to retire in Spain?
Using the 4% safe withdrawal rate, you need approximately 25x your annual spending. With Spain's relatively high cost of living (index 60/100), your FIRE number could be significantly similar to what you'd need compared to retiring in the US. Use our free calculator to get your exact number.
What are the tax implications of retiring in Spain?
Spain has 19% capital gains tax and a top income tax rate of 47%. For FIRE retirees primarily living off investment income, the effective tax rate depends on your withdrawal strategy and account types. Our calculator models this in detail for your specific situation.
Can I get a visa to retire in Spain?
Beckham Law available — 24% flat tax on Spanish income up to €600k. Foreign income exempt except employment.. Visa requirements depend on your nationality, income, and assets. Check the visa details in our calculator for the most up-to-date information.