Minimum Rental Periods
The minimum rental agreement period is typically 1 year.
Required Documents for Signing a Lease
Typical documents required to sign a lease are a valid passport and proof of funds.
Standard Security Deposit
The security deposit is usually equivalent to 3 months rent and must be paid into a locked mutually agreed account.
Local Norm for Returning the Security Deposit
The security deposit is uasually returned based on the final move out being complete, no damages other than normal wear and tear, and all final payments being made. Any damages and unpaid payments will be deducted from the deposit if needed.
Rental Commission
Should you utilize the services of a real estate agent to help you in your search, agencies usually collect rental commission paid by the landlord.
Payment of Rental Commission
The agent’s rental commission is paid by the landlord.
Accepted Method of Payment
Wire transfer is the preferred method of payment.
Residency Requirements
When you move to Norway you may want or need to establish residency. Requirements may include:
EU Citizens
• Registration at the local Townhall to retrieve a personal ID number
• Tax registration
• EU residency certificate
Non-EU Citizens
• Registration at the local Townhall to retrieve a personal ID number
• Work and Residency Permit
• Tax registration
It is advisable to connect with a local expert to identify any additional requirements and advise on support available to assist in meeting the local requirements.
Requirements
Licenses from some countries are approved to use up to 12 months from arrival however this must be assessed. Requirements to transfer an international driver’s license to a Norwegian one may include:
• Immigration documentation
• Valid passport
• Valid residence permit
• Confirmed move to Norway process completed
Required Documents
In order to open a bank account, you may be asked for:
• Immigration documentation
• Valid passport
• Valid residence permit
• Confirmed move to Norway process completed with either D-Number or Personal ID Number
Time Required
It may take 1-14 days for your account opening to be complete. This does vary depending on the bank.