×
Interested in our Partner Program for businesses or our Local Guide Program for experienced expats and digital nomads? Click here to learn more.
Norway | What do I need to know when buying property in Norway? | Expat Exchange
Expat Exchange
Free MembershipSign In
Aker Brygge in Oslo, Norway

What do I need to know when buying property in Norway?

Answer this Question

Cigna Global Health
Cigna Global Health
Cigna Global Health
Cigna Global Health

When we asked expats what advice they would give a foreigner before buying a property in Norway, they said...

"1. You will need to get a Norwegian tax number and register yourself with the Norwegian Tax Administration. 2. There are different regulations for foreigners buying property in Norway. Make sure to check these before proceeding. 3. It is recommended to get a professional, such as a lawyer or a notary, to help you secure the property and ensure that all legal requirements are met. 4. You will need to consider the cost of utilities, such as water, electricity, heat and sewerage, when determining the purchase price of a property. 5. Buyers must pay a transfer tax, called stamp duty, which is levied on the purchase of most property types in Norway. 6. You will need to consider any additional fees and taxes, such as capital gains tax, property tax, and transfer fees. 7. When negotiating the purchase of a property, it is advised that you get an independent property valuation to ensure that the price you are paying is reasonable. 8. You should be prepared to pay a deposit upon signing the purchase agreement, and the balance within a specified period afterwards," explained one expat living in Norway.

Other Questions:

What do I need to know when buying property in Norway?

If you live in Norway, newcomers to Norway would love to hear your answer to this question:

If your answer relates to a specific city or town in Norway, please include the name of the city/town below:


About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

Aker Brygge in Oslo, Norway

GeoBlue
GeoBlue

Top-quality coverage for people who live, work, study and travel internationally.
Get Quote

GeoBlueGeoBlue

Top-quality coverage for people who live, work, study and travel internationally.
Get Quote

Contribute to Norway Network Contribute
Help others in Norway by answering questions about the challenges and adventures of living in Norway.

Cigna Global Health
Cigna Global Health

Copyright 1997-2024 Burlingame Interactive, Inc.

Privacy Policy Legal Partners & Local Guides