Norway 2026: wealth tax threshold raised to NOK 1.9 million

What changed: the net wealth tax threshold for 2026 is NOK 1.9 million (up from 1.76M), taxed at 1%, with an additional 0.1% above NOK 21.5 million.

What it means for you: marginal relief, nothing structural. If wealth tax is part of why you are considering Portugal, the calculation barely moves — the tax continues until your Norwegian tax residency genuinely ends, which has strict conditions and interacts with exit tax.

Action trigger: if your net wealth exceeds ~NOK 10M and a move is on a 1–3 year horizon, the planning window is now — start with the assessment.