Here are some of the most significant benefits that can be achieved through an endowment policy for people resident for tax purposes in Sweden.
• Only 15% tax on the Sweden government loan interest rate x the policy’s value during the term of the policy.
• No tax on the purchase or sale of securities during the term of the policy.
• The customer defines the investment strategy and bank.
• No limit to deposits.
• No EU taxes.
• No capital tax.
• No exit tax when you move. The policy can be cancelled at any time.
• The policy can be mortgaged and used as security for a new commitment.
• Payment no earlier than at age of 55 after a minimum of 10 years.
• No tax when payment made.