When the Swedish giant IKEA announced its expansion in South America in 2018, the company said it would be the fastest in its history. Its arrival in Chile was expected by the end of 2020, but the Coronavirus pandemic delayed their plans and it only opened its first store in the country this August.
ortugal and Sweden signed, on 16 May 2019, a Protocol to their existing 2002 double tax treaty. Amongst other changes, an amendment to Article 18 (Pensions) provides that pensions earned in Sweden will be taxable in Sweden if not taxed in Portugal. As a result, Swedish pensioners who are living in Portugal under the non-habitual residents (NHR) regime may lose the double exemption of income tax from which they currently benefit.