Glossary
Wealth tax
An annual tax on the total value of your assets above a threshold, rather than on your income. A few countries levy one (Spain, Norway, and Switzerland among them), while most do not.
What it means for you
See it in numbersWhere You Live Some countries tax the pot every year, just for existing. See what that does to the number you need: over a decades-long exit, the difference is enormous.If you retire somewhere with a wealth tax it becomes a recurring cost on your portfolio, so it is worth factoring in; rules vary by country.
Related terms
Every term, in plain English, on one page: the full glossary. Education, not advice.
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