Tax in Norway
See what Norway's tax rules do to your property portfolio.
What Freeholt models for property, income and retirement in Norway, and what it does not.
Free to start. No card. Rules reviewed 12 July 2026.
Modelled here
- Tax on rental income
- Capital gains on a sale
- Duty on purchase
- Dividends, interest and share sales
NOK · Rates as at 12 July 2026 · Estimates, not advice
Net rental income from an investment property is taxed as general income at a flat 22% for residents and non residents alike (letting out the owner's own home can be tax free, which is not modelled). Gains are taxed at 22%; the primary residence exemption after a year owned and lived in is not modelled, and wealth tax (formuesskatt) is not modelled either.
How rental income is taxed in Norway
For a resident owner: A flat 22% on net rent after costs. For an owner living abroad and renting this out: A flat 22% on net rent after costs.
Interest and losses
Mortgage interest is deductible against the rent. A rental loss is ring fenced: it carries forward against future rental income rather than reducing other income now.
Capital gains on a sale
Gains are taxed at a flat 22%.
Annual property tax while holding
An annual property or land tax is not modelled here, which is not the same as there being none. Treat holding costs on this page as excluding it.
What it costs to buy
About 2.5% of the price on purchase. Document duty (dokumentavgift) 2.5% of price on transfer of title to an existing home (new builds are largely exempt on the building portion), with no foreign buyer surcharge. Municipal property tax varies and is not modelled.
Dividends, interest and share sales
How Norway taxes investment income. For dividends: Flat 22%, charged on 172% of the amount, which is an effective 37.84%. For interest: Flat 22%. For share sale gains: Flat 22%, charged on 172% of the amount, which is an effective 37.84%.
How Freeholt models Norway
Every rate above is priced from Freeholt's own table for Norway and runs through the whole projection: rental income, a modelled sale and the annual holding costs all use the same figures. They cannot be edited yet, so a position that differs from the defaults has to be read with that in mind. The estimate assumes an individual owner rather than a company or trust, and where a rule is not modelled it is listed below rather than quietly priced at zero.
What running this property costs
In Norway this covers felleskostnader (shared costs to the borettslag or sameie, which can include service of the building's own debt and often runs several thousand kroner a month), municipal charges, building insurance and management.
How borrowing works here
Norwegian mortgages typically run 25 to 30 years, but rental property is where the equity rule bites: the general 10% minimum equity rises to 40% for a SECOND home in Oslo specifically, and total debt is capped at five times gross income.
What actually happened here
This country's own record, one year at a time. Nothing on this page is borrowed from another country. Move across a chart to read a year.
What Freeholt models here
- ModelledTax on rental income
- Resident and non resident rates, with interest and losses treated under the local rule.
- ModelledCapital gains on a sale
- Priced in the year of the sale under the rules of that year.
- ModelledDuty on purchase
- One off, on the way in, at the scale in force.
- Not yetAnnual property or land tax
- Not priced here; the page says where the charge falls instead.
- Not yetIncome tax beyond the rent
- Not modelled for this country yet.
- ModelledDividends, interest and share sales
- Investment income and gains, with the local allowances.
- Not yetRetirement savings
- Not modelled for this country yet.
- Not yetInheritance and what happens on death
- Not modelled for this country yet.
What Freeholt does not model here
- Any annual property or land tax, which may still exist here
- Inheritance and estate tax
- Treaty relief between this country and the owner's country of residence
What the figures above leave out (2)
- Norway's shield deduction, which shelters a risk free return on what was paid for the holding, is not applied. Every Norwegian dividend and share gain is overstated by 37.84% of whatever it would have sheltered.
- Norway's ASK share savings account charges nothing until money is taken out. That deferral is not modelled, so an ASK holder is overstated.
Coverage deepens country by country. Every figure is an estimate, not advice.
Compare with another country
Each page is built from the same table the app runs on, so the figures line up side by side.
Compare Norway with another country — rent, gains, annual tax and duty, side by side.
Questions people ask
- Does Freeholt model Norway property tax?
- Yes. Rental income tax, capital gains on a sale and duty on purchase are priced from Freeholt's own rate table for Norway. Annual property or land tax is not priced here, and the page says so rather than showing a zero. The rates are not editable yet, so one that differs in a particular case cannot be overridden. Every figure is an estimate, not advice.
- How is rental income from Norway taxed if I live somewhere else?
- A flat 22% on net rent after costs. Tax may also be due in the country of residence, with credit for what was paid here. Estimates only, not advice.
- What are the Norway figures as at?
- The rate table for Norway was last reviewed on 12 July 2026. Freeholt date stamps every country rather than implying all of them were checked on the same day. Estimates only, not advice.
Model a property in Norway alongside everything else you own: see the year your portfolio starts paying you back.