Wise Logo
Wise (formerly TransferWise) is a trusted money transfer service used by millions of digital nomads worldwide.

Global transfers for digital nomads.

Affiliate disclosure
#432 ,
Nomad Score: 66%

Essentials

πŸ™οΈ City The capital of Sweden, Stockholm is spread across 14 islands connected by over 50 bridges and known for its stunning architecture and vibrant culture.
πŸ‘₯ Population Approximately 975,000 people.
πŸ’» Internet Speed Average internet speed is around 100-200 Mbps.
πŸ’Έ Currency & Banking 1 SEK β‰ˆ 0.10 USD, major banks include Swedbank, SEB, and Nordea.
🚰 Tap Water Drinkable and of high quality.
πŸ”Œ Power 230V, 50Hz, πŸ”Œ Type C and F sockets.
πŸ“Ά SIM Card Providers include Telia, Tele2, and Telenor.
πŸ’³ Banking for Expats Common payment systems include Swish (mobile payment), debit and credit cards from major banks.
πŸ›Œ Accommodation Options include hotels, hostels, and serviced apartments. Booking platforms like Airbnb and Spotahome are popular.
πŸ’³ Cashless Friendly Yes, Stockholm is highly cashless, with cards and mobile payments widely accepted.
🏠 Short Term Rentals Platforms like Airbnb and Vrbo offer numerous short-term rental options.
πŸ›οΈ Budget Accommodation Hostel options like SΓΆdermalm’s Generator and City Backpackers Hostel.
πŸ™οΈ Best Area to Stay for Tourists Gamla Stan, the historic heart of Stockholm, is recommended for tourists.
πŸ™οΈ Best Area to Stay for Digital Nomads SΓΆdermalm is popular among digital nomads, offering co-working spaces and vibrant cafes.

Working and Networking

🏒 Best Coworking Space WeWork Hâtorgshallen located in the city center.
β˜• Best Cafe for Work CafΓ© Foam in SΓΆdermalm offers a great atmosphere for working.
πŸ’Ό Networking Events Meetups organized through Meetup.com and the Stockholm Tech Meetup.
πŸ₯‚ Social Events for Expats Facebook groups like 'Stockholm Expats' and 'Expats in Sweden' host regular meetups and events.

Transportation

πŸš• Best Taxi/Ride App Taxi Stockholm and Bolt are preferred apps for rides.
🚲 Bike/Scooter Rental Bike sharing services like Stockholm City Bikes and Voi scooters are widely available.
πŸ–οΈ Best Beach Nearby Smedsuddsbadet, a popular beach, is about 10 minutes from downtown.
✈️ Top Regional Airline SAS (Scandinavian Airlines) serves regional flights.
✈️ Top International Airline Major airlines include Lufthansa, KLM, and British Airways.
πŸ›£οΈ Highway Access Well-connected via E4 and E20.
πŸš‰ Main Train/Transit Hub Stockholm Central Station.
🚍 Public Transport Passes SL cards offer access to buses, trains, and metro, with options for single, 24-hour, and monthly passes.
✈️ Regional Travel Train services to nearby cities operated by SJ (Swedish Railways).

Health and Wellness

πŸ₯ Best Hospital Karolinska University Hospital in Solna.
🧘 Yoga & Wellness Centers YogaShakti in Sâdermalm offers various classes.
πŸ‹οΈ Gyms & Fitness Centers Friskis&Svettis offers affordable gym memberships.
🧺 Laundry Services Laundromats like TvÀttstugan in Sâdermalm provide self-service.

Food and Drink

πŸ“± Best Food Delivery App UberEats and Wolt are popular food delivery options.
🍽️ Best Local Dish to Try Swedish meatballs with lingonberry sauce.
🍱 Vegan/Vegetarian Options The Green Queen serves an extensive vegan menu.
🍫 Best Dessert Spots Vete-Katten is known for its traditional Swedish pastries.
πŸ›’ Affordable Shopping Spots Γ–stermalm Market Hall offers diverse food options.
πŸ›’ E-commerce/Online Store Local e-commerce sites like CDON and Adlibris.
πŸ›’ Grocery Delivery Foodora and ICA offer grocery delivery services.
🍸 Bar/Nightlife Area Stureplan area is well-known for nightlife.
🍻 Local Brewery Norrlands Guld is a popular local beer.
🍷 Wine Bars Oenotheque in Sâdermalm is a notable wine bar.
🍲 Street Food Stalls FÀster at Hâtorgshallen serves excellent street food.
πŸ• Popular International Cuisine Tacos & Tequila offers a great twist on traditional Mexican flavors.

Culture and Attractions

🎟️ Must-See Landmarks Royal Palace and Vasa Museum are must-visits.
πŸ›οΈ Museums & Art Venues Moderna Museet hosts contemporary art exhibitions.
🏰 Historical Sites Riddarholmen Church is a notable historical site.
πŸ• Religious Sites Stockholm Cathedral is a key religious monument.
πŸŽ‰ Annual Events Midsummer celebrations and Stockholm Culture Festival are highlights.
🎨 Cultural Districts Gamla Stan and Sodermalm are vibrant cultural neighborhoods.
🎭 Theater Venues Dramaten is the national theater of Sweden.
πŸ›οΈ Local Markets Γ–stermalm Market is famed for gourmet food offerings.
🎼 Music Scene Fasching is a famous jazz club in Stockholm.
🎨 Street Art Sâdermalm features numerous murals and urban art installations.
πŸ§‘β€πŸ³ Cooking Classes The Nordic Cooking Studio offers Swedish cooking classes.
πŸ‘©β€πŸŽ¨ Art Galleries Galleri Kontrast showcases emerging Swedish artists.
πŸ•°οΈ Historic Buildings Stockholm City Hall is an architectural landmark.
🏴 Local Heritage The Midsummer celebration reflects Swedish cultural heritage.

Nature and Outdoor Activities

πŸŒ… Nearby Nature Escapes DjurgΓ₯rden is a beautiful island park ideal for picnics and nature walks.
🏞️ National Parks Nearby Tyresta National Park is about 30 minutes from the city.
🚲 Cycling/Walking Paths The Strâmmen walkway offers stunning views along the waterfront.
πŸŒ„ Scenic Viewpoints SkyView at Globe Arena provides panoramic views of the city.
πŸ¦‰ Birdwatching Locations Lake Malaren is excellent for birdwatching.
πŸ”₯ Bonfire-Friendly Spots GrΓΆna Lund's designated areas allow for bonfires.

Other Services and Amenities

πŸ“¦ Parcel Delivery Service DHL and PostNord provide reliable shipping services.
πŸ› οΈ Tech Repair Services MediaMarkt offers repairs and tech support.
πŸ“ Table Tennis Spots Ping Pong Stockholm is a popular venue.
πŸ§‘β€πŸ« Language Classes Folkuniversitetet offers Swedish language courses.
πŸ“š Libraries & Study Spots Stockholm Public Library is a great place to study.
🏘️ Community Centers Entré in Sâdermalm hosts various community events.
πŸ•ΉοΈ Gaming Lounges Game Zone offers a fun environment for gaming enthusiasts.
🎰 Casino & Gaming Halls Casino Cosmopol in Stockholm provides various gaming options.

Business

🏒 Studio Purchase Price (City Center) Approx. €4,500 per mΒ² (e.g., 30 mΒ² = €135,000)
🏒 Studio Purchase Price (Outside City) Approx. €3,000 per mΒ² (e.g., 30 mΒ² = €90,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. €4,200 per mΒ² (e.g., 50 mΒ² = €210,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. €2,800 per mΒ² (e.g., 50 mΒ² = €140,000)
🏑 2-Bedroom Purchase Price (City Center) Approx. €3,800 per mΒ² (e.g., 70 mΒ² = €266,000)
🏑 2-Bedroom Purchase Price (Outside City) Approx. €2,400 per mΒ² (e.g., 70 mΒ² = €168,000)
πŸ’Ό Corporate Tax 22% corporate tax rate.
πŸ’΅ Dividend Withholding Tax 30% withholding tax applies.
🏦 Tax System Sweden operates on a progressive tax system based on worldwide income.
πŸ“ˆ Highest Income Tax Bracket Approximately 57% on incomes over a certain threshold.
🧾 VAT Standard VAT rate is 25%.
🌐 Controlled Foreign Company (CFC) Rules Yes, strict rules apply to foreign subsidiaries.
🏠 Property Tax Yes, based on the assessed value of the property.
🏠 Property Transaction Tax 3% for residential property purchases.
πŸ’» Attractive Tax System for Digital Nomads Certain tax benefits available, including deductions for remote work-related expenses.

Feedback Thank You!

Thank you!

Your feedback has been submitted successfully.

  • Navigate
  • Tools