Norway
How Norway performs
Tax
High taxes. Norway has one of the heaviest tax burdens in the index, 106th of 123. A large share of income and profit goes to tax, so it suits people who are not moving for tax reasons. Personal income tax 22%*, corporate tax 22%*, VAT 25%.
Source: Heritage Foundation, Index of Economic Freedom (Tax Burden sub-score)
Safety
Safe. Norway is safer and more stable than most countries we cover (30th of 117).
Source: Institute for Economics and Peace, Global Peace Index
Cost of Living
Expensive. Norway is one of the most expensive places to live in the index, 115th of 118. Plan for high everyday costs.
Source: Numbeo Cost of Living Index
Education
Excellent education. Norway has one of the strongest education and knowledge systems in the index, 10th of 120. A strong choice for families and for study.
Source: UNDP & MBRF, Global Knowledge Index
Every figure is published by the institution named against it. We do not adjust, model or estimate the underlying values. See the formulas.
The detail behind the scores
Taxation
| Corporate income tax | 22%* *25% for companies within certain financial sector |
|---|---|
| Personal income tax | 22%* *Additional bracket tax rate is applicable on income starting from 226,101 NOK |
| Standard VAT | 25% |
Rates change without notice. Confirm with the relevant tax authority before acting.
Naturalization Requirements and Immigration Pathway
- Residence for naturalization
- 8 years
- Language requirement
- YesProficiency in Norwegian language (B1 Level)
- Investment Immigration Pathway
- Norway Residence Permit for Self-employed Person
- Official languages
- Norwegian and Sami
- Dual citizenship
- Allows dual citizenship
North Macedonia
Bulgaria
Romania
Bosnia and Herzegovina