Moving to a new home can be a costly affair, so it is important to be aware of the financial support available. Although some forms of relocation assistance are no longer offered, there are still many ways to get financial help. In this guide, we explore the current options to facilitate your move.

History and current status of relocation allowances

Previously, it was possible to apply for a relocation allowance through the Public Employment Service or the Social Insurance Agency to cover costs related to a move. This included grants for commuting costs and household relocation. However, these possibilities have been discontinued since 2015. However, this does not mean that all doors to financial support are closed.

Opportunities for financial support when moving

There are several avenues to explore for those who need financial support when moving:

  • Work-Related Move: For someone changing jobs, there may be opportunities for compensation, especially if the move is linked to a new job or change of employer within a group.
  • EU grants and Municipal Compensation: Students or job seekers who move for education or work within the EU may be eligible for specific grants.
  • Advice from the Swedish Public Employment Service: The Public Employment Service can offer advice and sometimes cover costs connected with a move for work.

Tax-free relocation allowance and its criteria

  • Terms of Compensation: The allowance can cover the cost of keeping two homes, journeys home and sometimes a loss on selling a property.
  • Application process: Normally it's the employer who bears this type of compensation, but there are specific criteria that must be met.

Role of the employer and tax rules

It is essential for employers to be aware of the rules on relocation allowances and tax deductions:

  • Rules for Employers: Especially for foreign employers, it's important to be aware of tax rules when employing in or from Sweden.
  • Updated Information: It's important for both employers and employees to stay up to date on changes in tax legislation that may affect moving allowances.

Effective planning and coordination of work-related moves

Moving for work requires careful planning and coordination:

  • Identify Needs: Think through what you need for work and housing in the new town.
  • Choosing a Moving Company: Compare moving companies to find the one that suits your budget and your needs.
  • Checking Relocation Allowance: Talk to your current or future employer about a relocation allowance.
  • Coordination with Colleagues: Talking clearly to everyone involved is what makes the handover go smoothly.

Summary of the relocation allowance

The landscape of relocation assistance has changed over the years, but there are still many avenues to explore for those seeking financial assistance when moving. By being well informed and planning carefully, you can ensure that your move is as smooth and cost-effective as possible.