Norway
Crypto taxed like stocks at 37.84%. Unrealized holdings must be reported as wealth and are subject to wealth tax. DeFi income taxed as ordinary income. One of Europe's highest rates.
FATCA Partner
Yes
FATF Status
Clear
EU Blacklist
No
Dual Nationality
Allowed
Bitizenship
Not yet
Tax Rates
Activity Taxes
Staking
37.84%
Mining
Ordinary income tax rates
DeFi
37.84% on gains; ordinary income for yields
NFTs
37.84%
Taxable Events
Crypto → Fiat
Taxable
Crypto → Crypto
Taxable
Holding Period
No holding period benefit
No holding period benefit
Regulation & Residency
Regulatory Body
Skatteetaten (tax); Finanstilsynet (financial regulation)
Residency Requirement
EU/EEA free movement; skilled worker permit for non-EU
Reporting Requirements
Must report holdings for wealth tax; annual tax return
Citizenship & Residency Path
Residency via employment; citizenship after 7 years
Notable Conditions
- →37.84% effective rate on crypto gains (including upward adjustment factor)
- →Wealth tax applies to crypto holdings (0.95-1.1% above threshold)
- →Unrealized crypto must be reported annually
- →DeFi income treated as ordinary income
- →One of the highest crypto tax rates in Europe
Living & Lifestyle
Cost of Living
Very High
Banking Access
Excellent
Quality of Life
Very High
Lifestyle Scores