[tasuki]

Where did you move? I understand you're retired: that changes the situation somewhat.

When I lived in Amsterdam, we were renting a flat. The gentleman we were renting from told us our rent easily covers all his expenses in South East Asia.

[retired]

Spain. And I have to apologise, I call myself retired but in reality I'm just unemployed. It's more of a year long sabbatical, but I jokingly call it retirement since I moved to Spain and many Dutch people do so for retirement. I'm planning on setting up a company here.

Spain isn't great for being employed or freelance (autonomo) but if you set up a limited liability company (SL) and work from there it is not that bad. Tax on investments are averagely taxed compared to other countries.

[bluecalm]

>>Tax on investments are averagely taxed compared to other countries.

That is only if you haven't accumulated wealth yet. The combination of quite high capital gain tax with sky high wealth tax, pretty high income tax isn't very attractive if your plan is to accumulate some wealth. If you just want to make enough every year to live there I guess it's reasonable though.

[retired]

I future-proofed myself by moving to a region with a €3M exception. So that I have a long way to go before paying wealth tax.

CGT is progressive and around 20%, compared to other European countries that is fairly average. Some Eastern European countries are at 15%, Belgian is going to 10%, Switzerland differs per canton.

Also, no CGT for fresh immigrants if you are able to use the Beckham law.

[bluecalm]

Is the exception still valid? I thought the new central regulation in effect removed those (if the region has exceptions then you pay federal "solidarity" tax). They introduced it to fight Madrid's and Andalusia's exemptions.

I investigated it some time ago though when I was considering moving to Andalusia so maybe something changed.