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Taxed on savings ?

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happy2retire
8/12/2016 07:10 EST

When transferring money(savings) from US to Sweden bank, will that money be subject to taxation?

OliverTopham
10/25/2017 07:11 EST

As a US Passport holder you will always be subject to FATCA reporting and income tax of whichever country you domicile your funds,

Meaning even if you are moving your savings for example a 401k to Sweden you would still need to report to the IRS as well as paying Swedish income tax.

If you wish to look at any options that may be available to you to avoid this please feel free to message me.

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AGS Worldwide Movers

AGS Worldwide Movers can move you to and from anywhere in the world. Presently the AGS Group has over 141 locations in more than 95 countries and has one of the largest networks in the international removals industry. We relocate 85,000 families every year. Free moving quote!

Learn More Get a Quote

bmg123
10/5/2016 05:31 EST

NO

AGS Worldwide MoversMoving Soon?

AGS Worldwide Movers relocates 85,000 families every year.
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AGS Worldwide MoversMoving Soon?

AGS Worldwide Movers relocates 85,000 families every year.
Get a Quote

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Get a Quote

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Get a Quote

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Learn what members have to say about living in Sweden.

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Talk with other digital nomads and expats in Sweden on our Sweden forum - meet people, get advice and help others.

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