Real Estate in Norway

Norway is famous with its ski resorts and various kinds of fishing. Attraction of investors is realized because of the highest standard of life and moreover almost absolute absence of crime. The government of the country does not forget about ecology and spends for such arrangements huge number monetary fund’s every year.

Prices for the real estate in Norway like in the most northern countries are nigh because of expensive building materials. A value of square meters in the capital can reach 4 000 euro. In other districts it varies from 2000 to 3000.
 
The legislation of the country does not introduce any limitations on the buying some property for foreigners. It’s best of all buying the real estate in Norway to use the service of realty companies which help to assemble all documentation, process them correctly, make up a buying and selling contract and then certify it in the notary. Their commission charges will consist 3% from the all deal. To come into possession of the property it’s necessary to pay out yearly property tax in size from 0,2 to 0,7% from dwelling value.

The real estate in Norway differs from other countries with a fact that you can meet multi-storey housing only in the capital and in large cities. Generally cottages, houses for some families and townhouses.

Buying the real estate in Norway you don’t become the citizen of this country but you get tourist visa which allows you to spend three month in a year in this state. There are two ways in order to receive residence permit. One of them gives right to get a job here and the second does not. In the first case it’s necessary to prove that you are an owner of the dwelling and have the yearly income not less than 25 000 euro. And the second – just to register a firm in this county and it’s not necessary to be busy with it in future.

The real estate in Norway will become an excellent place of  retirement for people which are tired of a bustle.