Person living in Sweden needs to report their global income and global loans to Skatteverket.

Benefits for expats who are residents in Sweden & paying taxes to Sweden have the option to claim various deductions which they have missed to claim in previous years like:

• Double Accommodation Deduction: Moved to Sweden or within Sweden for a job and hold an apartment in your home country. Eligible to deduct Sweden rent.
• Fixed Term Employment Deduction: Moved to Sweden or within Sweden for a job with fixed-term employment. Eligible to deduct Sweden rent. It can be a 6-month probation period on your job contract as well. Most people working in PhD /Post Doc /Researcher / ICT visa fall under this category. Note the rent shall be paid by you ONLY and not by your company.
• Interest Repaid on Loans (Home Country): Interest repaid for loans can be deducted in Sweden taxes. Any loans (foreign country education loan also) can be claimed until the year 2024. In 2025, personal loans can be deducted with 50% paid interest only. From 2026, non-collateral loan interest deduction shall be removed.

To claim a deduction in a specific year, you need to be a tax resident in Sweden and have paid taxes to Sweden in that year.

You have to report global income (anywhere in the world) also to Sweden:

• Bank interest income
• Sale of stocks/funds or RSU/ESOP
• Sale of apartment

We have so far claimed back from taxes:

• 210,000 Kr for double accommodation deduction for 5 years
• 160,000 Kr for home loan interest repaid for last 5 years
• We have claimed deductions and money received by expats for more than 1 million Kr.
• Reported international income for apartment sale & stock sale
• Sample proof below where the claim for international loan deduction for previous 4 years was approved and the person received back 79 491 Kr.

Many people lack awareness of this topic and fail to report the income or claim deductions. Now, we have a wonderful opportunity to correct our taxes in Sweden for the last 6 years.

Interested in knowing more and whether you have the opportunity to use this service? Let’s have a quick 15-minute initial meeting to discuss.