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Is it common for rich Norwegians to legally move to Sweden and use almost Swiss level ISK to escape the 25% capital gains and ~1.4% wealth tax?
by jeofken 6y ago
Is it common for rich Norwegians to legally move to Sweden and use almost Swiss level ISK to escape the 25% capital gains and ~1.4% wealth tax?
- jeofken 6y agoFor posterity: I misremembered how much wealth is disincentivized in Norway - it’s “only” 0.85% wealth tax and 24% capital gains. This explains why there are way fewer who become millionaires in Norway than in Switzerland, even if Norway is so rich in resources while CH is not
- Thlom 6y agoNo.