Tax non-residents in Scandinavia: which banks finance German property?
Sweden, Denmark and Norway are three legally different starting points, not one uniform case, and that decides which bank applies at all. Income is typically paid in DKK, SEK or NOK, and some lenders do not accept income in kroner.
Which banks finance tax non-residents in Scandinavia?
For tax non-residents in Scandinavia only some banks apply, depending on the country: Sweden, Denmark and Norway are three different starting points. Some lenders do not accept income in kroner, others convert it into euros with a safety discount. Finland drops out because it uses the euro. The order is: settle the lender first, then do the sums.
What decides which banks lend to tax non-residents in Scandinavia?
For tax non-residents in Scandinavia, country and currency decide which banks lend.
Scandinavia: how many of the 650+ banks come into question?
Of the 650+ banks in reach, tax non-residents generally have a circle of 6 to 10 institutions with international experience, and Sweden, Denmark and Norway are three legally different starting points.
Scandinavia: 6 to 10 of 650+ banks come into question: Of the 650+ banks in reach, tax non-residents generally have a circle of 6 to 10 institutions with international experience. Sweden, Denmark and Norway are three legally different starting points, not one uniform case. Which German banks finance non-residents?.
DKK, SEK or NOK income: some lenders accept it, others do not
Income is typically paid in DKK, SEK or NOK.
Some lenders do not accept foreign-currency income — others do. Foreign-currency income and the banks that accept it.
What matters if you live in Scandinavia?
Income is typically paid in DKK, SEK or NOK — details on the full constellation (loan-to-value, documents, currency discount) are on Residence Scandinavia — all topics.
Frequently asked questions
Which banks finance tax non-residents living in Scandinavia?
Of the 650+ banks in reach, tax non-residents generally have a circle of 6 to 10 institutions with international experience. Sweden, Denmark and Norway are three legally different starting points, not one uniform case — that decides which bank applies at all.
What currency is my income paid in?
Typically DKK, SEK or NOK. Banks convert foreign-currency income into euros with a safety discount — details on the full constellation (loan-to-value, documents, currency discount) are on Residence Scandinavia — all topics.
Is Finland treated like Sweden, Denmark and Norway for tax non-residents financing German property?
Finland drops out because it uses the euro. Sweden, Denmark and Norway are three legally different starting points, and income there is typically paid in DKK, SEK or NOK.
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How much property is realistically financeable with your equity and income?
KfW funding
Usually excluded for a pure investment property from abroad — returning for owner-occupation often opens up regular KfW programmes.
State funding by federal state
Almost every federal state has its own development bank, often combinable with KfW.
Editorially responsible: Olga Nikushkina — owner, §34i GewO (German mortgage brokerage), adviser register D-W-132-ZUCB-95. Specialised in German property financing with an international dimension: non-residents, foreign-currency income, cross-border workers, expats. Siegfried Perini is entered in the German intermediary register under this licence as a person directly involved in brokerage and advice (§ 11a GewO), active in real estate since 1992. Not legal or tax advice.