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Hi there! As a Northern Norwegian who recently moved south, here's the benefits for living in the most northern area, Finnmark: Student loans: Everyone who liv
by norwegiannjerd 8y ago
Hi there! As a Northern Norwegian who recently moved south, here's the benefits for living in the most northern area, Finnmark:
Student loans:
Everyone who lives and work in Finnmark and/or North-Troms can have a yearly, tax-free, writedown of student loans based on 10% of the original loan sum. Maximum of 25.000 NOK per year.
Less tax:
Everyone living in Finnmark and North-Troms that pays taxes gets an automatic writeoff for 15.000 (tax class 1) / 30.000 NOK (tax class 2). They also have a tax rate that's 3.5% less than the rest of the country.
Exemption for electricity charge:
Pay 9.5 øre less per kWh, also the whole of Northern Norway doesn't pay VAT on electricity.
Source: http://www.finnmark.no/page.jsp?id=56&lang=no http://www.finnmark.no/page.jsp?id=56&lang=no
- gdy 8y agoThank you, that is interesting, but what is the reason for providing these incentives?
- norwegiannjerd 8y agoThe official reason is to get people to live there. Most of the infrastructure is down south, so there's little benefits to living way up north except never seeing the sun. More and more people are moving away from the North, so the local government there wants that to change.