Tax emigration is the formal process of legally ceasing your tax residency in Norway. Simply moving and de-registering your address is not enough. To end your global tax liability, you must meet stringent conditions set by the Norwegian Tax Administration, often involving a multi-year period without a permanent residence in Norway.

The Exit Tax is a tax on unrealized gains on shares, securities, and other financial instruments that you own when you cease Norwegian tax residency. It is triggered upon emigration and is calculated as if you sold all those assets the day before you left, even if you did not. A strategic approach is vital for managing this liability.

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Even with a tax treaty, you may still be considered a tax resident of Norway for a three-year period if you've lived in the country for more than ten years. This can result in double taxation on your worldwide income and wealth if not managed correctly. We ensure compliance in both jurisdictions to prevent this.

Generally, no. To properly end your tax residency, you and your immediate family cannot have access to a permanent residence in Norway. Owning a holiday home may be permissible, but this must be carefully managed to avoid triggering continued tax residency.

To successfully emigrate, you must limit your stay in Norway to 61 days or less per year for at least three consecutive years after you move. Exceeding this limit can jeopardize the entire tax emigration process.

Leaving Norway personally does not automatically mean your company is no longer taxed there. If the "effective management" of your business remains in Norway, the company could still be subject to Norwegian tax laws. We assist with the tax-efficient transfer of your business to its new jurisdiction.

Not always. In some cases, a deferral of the Exit Tax payment can be arranged until you actually sell the assets. However, this may require providing collateral to the Norwegian tax authorities, a process we can help you navigate.

You must notify the Norwegian National Population Register of your move abroad no more than 31 days before you leave. However, this is just the first administrative step; a full tax emigration process is separate and requires expert guidance.

Recent changes to Norway's Exit Tax laws, particularly after November 29, 2022, have made the rules much stricter. For example, the tax liability is now perpetual (indefinite), whereas it previously expired after five years. It's crucial to have a plan that accounts for these new regulations.

Yes. Our service provides holistic support that goes beyond tax and business matters. We help you and your family navigate the complex immigration and residency requirements of your new country, ensuring a smooth and coordinated transition for everyone.