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 Taxed when you sell, or taxed just for existing? Over a decades-long exit the difference is enormous. See the shape of it.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.
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