Hey folks! I’m thinking about relocating to Norway from the US. My plan is to buy property there as a non-resident, maybe with some friends. Then I’d look for work and aim for citizenship. If it doesn’t pan out, I’d still have a cool vacation spot. I’m curious about:
- Is this a solid plan?
- How do property taxes work for non-residents? Is it like the US system?
- Are there rules about group property purchases?
- What unexpected issues might come up? Think credit scores, hidden fees, etc.
- Is the cost of living really as high as they say online?
I’ve got tons more questions, but I figure real-world advice beats online searches. I’ll do my best to answer any follow-ups you might have. Thanks!
Wow, such an exciting plan! Have you ever been to Norway? Curiosity strikes about what made you choose Norway and which region interests you. Also, what type of work do you hope to find? I’m keen to know if those local property rules surprised you, too.
hey man, sounds like a cool plan! just a heads up tho, property prices in norway can be crazy high, specially in cities. have u thought about renting first to get a feel for the place? also, gettin a job as a foreigner might be tricky unless u got some in-demand skills. good luck with ur adventure!
I’d caution against purchasing property as a non-resident without thoroughly understanding the Norwegian market and regulations. The process can be complex, and there may be restrictions on foreign ownership in certain areas. Property taxes vary by municipality, so it’s not a one-size-fits-all system like in the US. Group purchases aren’t uncommon, but they come with their own legal considerations.
Unexpected issues could include language barriers in legal documents, difficulties obtaining loans as a non-resident, and potential currency exchange risks. The cost of living is indeed high, particularly in urban areas. Food, alcohol, and transportation can be significantly more expensive than what you’re used to in the US.
Consider a extended visit first to truly assess if Norway aligns with your expectations before making such a significant financial commitment.