Sweden
How Sweden performs
Tax
High taxes. Sweden has one of the heaviest tax burdens in the index, 120th of 123. A large share of income and profit goes to tax, so it suits people who are not moving for tax reasons. Personal income tax 0-22.5%, corporate tax 20.06%, VAT 25%.
Source: Heritage Foundation, Index of Economic Freedom (Tax Burden sub-score)
Safety
Safe. Sweden is safer and more stable than most countries we cover (36th of 117).
Source: Institute for Economics and Peace, Global Peace Index
Cost of Living
Expensive. Sweden is one of the most expensive places to live in the index, 102nd of 118. Plan for high everyday costs.
Source: Numbeo Cost of Living Index
Education
Excellent education. Sweden has one of the strongest education and knowledge systems in the index, 2nd of 120. A strong choice for families and for study.
Source: UNDP & MBRF, Global Knowledge Index
Every figure is published by the institution named against it. We do not adjust, model or estimate the underlying values. See the formulas.
The detail behind the scores
Taxation
| Corporate income tax | 20.06% |
|---|---|
| Personal income tax | 0-22.5% Applicable tax rate varies based on the amount of income earned and residency status, not inclusive of municipal tax rate |
| Standard VAT | 25% |
Rates change without notice. Confirm with the relevant tax authority before acting.
Naturalization Requirements and Immigration Pathway
- Residence for naturalization
- 8 years
- Language requirement
- YesProficiency in Swedish language (B1 level for reading and listening, A2 for speaking and writing)
- Investment Immigration Pathway
- Sweden Residence Permit for Self-employed people
- Official language
- Swedish
- Dual citizenship
- Allows dual citizenship