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Business & Money

Foreigners buying more Swedish summer houses: report

Published: 30 Mar 10 11:47 CET | Print version
Online: http://www.thelocal.se/25820/20100330/

Foreigners own 33,168 summer houses in Sweden, an increase of four percent on 2008 and nine percent on 2007. Germans, Danes and Norwegians dominate the statistics, a new report shows.

Foreigners own around six percent of the total number of Swedish residences categorised as holiday homes, farms, or small homes equipped for year-round dwelling

Levels of foreign ownership vary greatly on a regional basis, the new report from Statistics Sweden (SCB) shows.

Kronoberg county in southern Sweden is the area with the highest representation of foreign ownership - with 39 percent, while Värmland and Jönköping are also popular with 21 and 15 percent respectively.

In the Stockholm region, Gävleborg and Gotland, foreign owners are more conspicuous by their absence, owning less than one percent of the total.

Of the groups of foreign nationals, Danes are the most commonly represented with 11,294 registered property owners, followed by Germans with 9,957, and Norwegians with 8,086.

Among the smaller groups of foreign owners, the Dutch are also strongly represented with 1,308, while Brits own 422 properties and the Swiss 260.

The term foreign ownership applies to registered property owners not in possession of either a Swedish address or a Swedish personal identification number.

Peter Vinthagen Simpson
news@thelocal.se
+46 8 656 6513

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20:22 March 30, 2010 by Nemesis
Yup, this foreigner is looking for a nice country farm as a holiday home.
01:51 March 31, 2010 by GLO
Hey! Im ready and willing just not able.... Still waiting for a deal.... Love Sweden......
10:18 March 31, 2010 by V8farty
Bought mine 4 years ago and love it. Spent my first Christmas there in 2009 and it was magical.

If I didn't have 3 kids in school, a wife, career, friends, relations, a fantastic local pub, great neighbours who don't own volvos or have to down 14 gallons of vodka just to have a good time, I would have moved out there 4 yars ago.:-)
21:13 April 2, 2010 by randyt
Peter,

So, a non-Swedish citizen is allowed to own property in Sweden and not work there? If the person lives there for any extended time frame what type visa is required?

If the non-citizen lived there say six months out of the year would Sweden tax their imcome from retirement funds?

Are there realtors that specialize in this type property?

Thanks.
08:23 April 6, 2010 by wabasha
you need a visa for over 90 days in sweden. should not be hard to get. and to re-apply for the next one is even easier. hemnet.se has most listings. how would sweden even know about you income in a foreign country or bank?
12:59 April 6, 2010 by suminh100
Love Sweden !!! Tried buying a month ago on hemnet but got outbid - LOL! Will try again tho ;) Property prices much cheaper than London.....
18:23 April 7, 2010 by sissygirl
I would so looooove to have a summer place in Sweden. I don't think I'd move there permanently because I don't care for those nordic winters.
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