[advise required] transferring savings from non-EU to Swedish bank - lost in lack of info online

HR stands for Croatia, SKV for Skatteverket. Daniel will answer the rest, if he feels like it. Do note though that EU and Swedish money laundring rules were sharpened in 2017. So if it is hanky panky money, she probably should leave it alone or move to where her money is. Regarding Swedish welfare, to which I have contributed much, without taking, talk to socialen ! They should be able to tell you how various wealth impacts your social contributions. Insh Allah )))))

Hello,

She doesn´t have to pay any tax if she just transfers the money from abroad to Sweden. I recommend she get in contact with the bank she wants to use in Sweden to talk if they need any papers from her because of the money laundry rules.

It is possible it will affect here money from Försäkringskassan but I recommend you ask them directly, only they will be able to answer those kind of questions.

Kind regards

Daniel

thank you a lot for your answer Daniel, that is fair enough and it makes sense, she has all the official documents they can think of, more than a simple proof... 

@matgus3: it is not hanky punky, whatever you mean it is, if is that kind of money we wouldn't ask here, many other places and actual people give free advise for this kind of questions... unfortunetly we reached to a time where the legal straight-forward ways is too complicated or unknown or rare to understand (we searched online for weeks now, and asked the bank several times, they keep saying just transfer the funds and later we will send you a letter asking for clarification! for taxes you need to ask skatteverket) --- but if punky hunky as matgus3 mentioned, people around gave us like 10 ways so far to deal with it... we didn't like the advices, simply got nothing wrong why to worry?

if anybody has similar situation is welcome to comment, and I'm happy to share what happens with us if it can help anybody else, just let me know..

Thanks!

I have transferred millions to Sweden and millions from Sweden and never been asked a question. If the funds are clean.  nothing to worry about. Regarding Försäkringskassan, give them a call. 

I can add that if the funds are currently kept within an OECD country, which means almost every nation on earth, the holdings are reported to SKV anyways, if Sweden is where she has her residency in. This according to CRS or Common Reporting Standards.

I moved to Sweden 5 years ago but the taxation law is different to understand if a person who come from non-EU country, like me.  From Skatteverk home page, if your have an overseas life insurance policy which can generate profit then you have to pay "Avkatningsskatt".  "Obegränsat skattskyldig" is also a different term for foreigners to understand.   You have to report your overseas assets so long as you live in Sweden, no matter you have Swedish citizenship or not.  

I do not understand why Skatteverk home page do not have English. 

If I write anything is incorrect, please correct me.  I am learning.  

Merry Christmas to everyone.

You do not have to report assets howver they want you to report income. After CRS or common reporting standard, almost all OECD countries do this automatically - even nations such as Switzerland and Singapore with start this summer and then from Jan 1 2016 and forward. Actually, it is easier to name the few ones that do not report these days as they are a handful such as Trindidad and Tobago. Avkastningsskatt is an arbitrary tax that SE levies on domestic capital or life insurance products, currently ca 0.4 percent of asset value. I am not sure if this also applies to foreign insurance products - does it Daniel.

Regarding your friend, sounds like she is obegränsat skatteskyldig, meaning have an essential connection to Sweden, as she resides there and worries about Försäkringskassan. If so, Sweden wants to tax worldwide income according to Swedish law. Perhaps you should register and ask Daniel to help you or her out. Be sure though to specifically mention what you want to accomplish - such as compliance through ie a so called self correction.

Hi,

If you are unlimited taxable in Sweden you pay the same taxes on foreign insurance as you do on the Swedish insurance, currently 0,4 percent of the asset value.

Kind regards

Daniel