Norway

Norway sits at the top of Europe, with an extensive coastline along the North Atlantic Ocean. The country is rugged and mountainous, carved by prehistoric glaciers. Norway's stunning fjords are deep grooves cut into the land by these glaciers, then flooded by water. A good many of Norway's... + Read More private islands sit in the fjords. Norway's visitors are drawn by the country's impressive landscape which isn't all frozen tundra. The temperate southern forests, beaches, festivals and salmon fishing all draw travellers. Norwegians are friendly and down to earth; English is spoken widely here. Norway has large variations in seasonal daylight. North of the Arctic Circle, the sun never completely descends beneath the horizon in some areas, earning Norway the name, "Land of the Midnight Sun". Buying a private island in Norway presents no real problems for foreigners.


Norway Foreign Ownership Info
There are few restrictions for foreigners looking to purchase property in Norway and both individuals and corporations are entitled to own real estate. There are minor restrictions to purchasing properties in select coastal and mountain regions and as such it is a good idea to engage the services of a reputable real estate agent (in Norway the agent generally represents both the buyer and the seller with the fee usually being paid by the buyer) as well as a lawyer.

Foreign island buyers in Norway are required to obtain a concession for the right to own or use various kinds of property. Real estate agents in Norway must conform to a strict code of ethics. Only real estate agents and lawyers may be directly involved with the sale of properties. In Norway, real estate agents set their own remuneration, but it has to be agreed upon in a government approved form in advance. The method of payment is normally commission, but it might also be a set amount. The registry system in Norway is very modern with a nationwide computer registry. Buying an island in Norway is done by the book and poses little risk.   - Read Less