As one of the richest and most developed countries in Europe, Norway has always been an attractive destination for those looking to immigrate. Norway citizenship by investment allows foreigners to obtain citizenship in exchange for a substantial investment. With Norway citizenship, you can enjoy visa-free access to over 170 countries, high quality of life, political stability and many other benefits. To obtain Norway citizenship by investment, there are several requirements you need to meet. This article provides an overview of the requirements, investment options, application process and key benefits of Norway citizenship by investment program.
Minimum Stay Requirement for Norway Citizenship by Investment
The minimum stay requirement is one of the key criteria to obtain Norway citizenship by investment. To be eligible, you need to have lived in Norway continuously for at least 7 out of the past 10 years on valid residence permits. This means even if you invest a substantial amount of money in Norway, you still need to live in the country for 7 years before you can apply for citizenship.
Investment Options for Norway Citizenship by Investment
To qualify for Norway citizenship by investment, you need to invest a minimum of NOK 1.2 million in a Norwegian limited company and employ at least 2 Norwegian nationals full-time for 3 years. The company should be engaged in legitimate business activities in Norway. Real estate investment alone does not qualify you for citizenship.
Application Process for Norway Citizenship by Investment
The application process for Norway citizenship by investment program involves multiple steps: (1) Obtain valid Norway residence permits and live in Norway for 7 years; (2) Make the minimum business investment of NOK 1.2 million and employ Norwegian nationals; (3) Learn basic Norwegian language and social studies; (4) Provide extensive documentation proving your identity, investment, address history and clean criminal record; (5) Pass citizenship test on Norwegian society, culture and history; (6) Attend an interview.
Benefits of Norway Citizenship by Investment
Some of the key benefits of Norway citizenship by investment include visa-free access to over 170 countries, freedom to live and work anywhere in Norway and the EU, high quality of life, political stability, excellent healthcare and education, protection under Norwegian law and the ability to pass citizenship onto future generations.
In summary, Norway citizenship by investment requires a substantial investment and lengthy stay in Norway, but provides a lifetime of benefits. By understanding the requirements and application process, you can successfully obtain Norway citizenship through investment.