Quick Answer: What’S A Good Salary In Sweden?

What is Sweden’s minimum wage?

Most countries in Europe have some sort of minimum wage in place, after the first laws on minimum legal pay were implemented in New Zealand and Australia in the 1980s.

In Sweden however, there is no official minimum wage..

How much money do you need to live in Sweden?

Students should budget on paying around 8500 SEK a month for their accommodation, food, travel, internet and going out expenses.

How much is rent in Sweden?

The average rent for an apartment in Sweden is $950, a 2% decrease compared to the previous year, when the average rent was $966.

Can you get rich in Sweden?

As of December 2017, the country is home to 184 billionaires (measured in Swedish kronor), an increase of eight from the previous year and more than four times as many as 20 years ago. They own a combined wealth of 2,140 billion kronor, or around half of the country’s GDP.

How much tax do I pay in Sweden?

Swedes’ personal income tax can be as little as 29 per cent of their pay, but most people (anyone earning over £32,000) will pay between 49 and 60 per cent through a combination of local government and state income tax.

How much does a house cost in Sweden?

House Prices in Sweden The average price to buy across Sweden is around 53,500 SEK per m² (5,200 USD). The average price to buy a home in Stockholm, Sweden’s most expensive city, is around 74,900 SEK per m² (8,600 USD).

Are taxes high in Sweden?

Sweden’s top personal tax rate of 57.1 percent applies to all income over 1.5 times the average national income. In comparison, the United States levies its top personal income tax rate of 43.7 percent (federal and state combined) at 9.3 times the average U.S. income (around $500,000).

What is the average salary in Sweden?

Salaries. The average salary in Sweden is 32,800 SEK (3,400 EUR), which makes 25,355 SEK (2,650 EUR) after taxes. The salaries in the IT sector range from 35 000 SEK to 55 000 SEK. They depend on age and work experience.

How can I permanently move to Sweden?

How to move to Sweden and become a Swedish citizenBe at least 18 years old — unless you know someone. … Be able to prove your identity. … Have a permanent residence in Sweden. … Spend five years at that permanent residence. … Be on your best behavior. … Learn Swedish (even if you don’t technically have to). … Prepare for lots of coffee.More items…•

What is the lowest tax rate in Sweden?

Sweden TaxesLastLowestCorporate Tax Rate21.4021.40Personal Income Tax Rate57.2051.50Sales Tax Rate25.0025.00Social Security Rate38.4238.403 more rows

Is 50000 SEK good salary?

50k is certainly a pretty good salary – over the overall national median – but works out less in take-home than 2 people each earning 25k.

Is it hard to get a job in Sweden?

Sweden is a great place to work and comes with a heap of benefits that you don’t get in many other countries. But getting started is hard. There are English speaking jobs here, but they are few and far between, and competition is fierce. … Some jobs like bars and restaurants won’t help out, so take this into account.

Can a foreigner buy a house in Sweden?

There are no legal restrictions on foreigners buying property in Sweden. The real estate transfer process is swift and easy. … In Sweden, the purchase of a residential property usually proceeds with only a broker´s or an agent´s services and does not necessarily involve the services of a lawyer.

Is it easy to immigrate to Sweden?

Moving to Sweden from the rest of the world For non-EU citizens, the process is much more difficult. Unless you’re moving to study (for which a separate permit applies), you’ll need to apply for a work permit. … It’s possible to apply for a self-employed permit as a non-EU citizen, but the requirements are strict.

Why are houses in Sweden so cheap?

The prices varies mostly based on the distance to a large city. Probably because jobs have moved to the cities, but the houses haven’t moved. Storsund is far away from everything. Sweden is a very expensive country, but you can find cheap houses in rural areas.

Can you work in Sweden without speaking Swedish?

Can I get a job in Sweden without speaking Swedish? The short answer is yes. Numerous multinational companies have offices in larger cities in Sweden, and even some originally Swedish companies have adopted English as their corporate language. … But we can’t emphasize enough that Swedes want you to learn their language.

What is a very good salary in Sweden?

As it is mentioned, 42 521 kr before tax is a very good salary in Sweden well, with out considering any professional occupations. You will pay around 11 889 kr for employment taxes then your net will be 30 632.

Is it cheaper to live in Sweden than USA?

United States is 69.3% more expensive than Sweden.