Thanks. Sounds like the UK (but hopefully at a higher standard, like most things I tried in Oslo).The average Norwegian would probably be skeptical, but you should find plenty of kindred spirits amongst those who have self-selected into a career dedicated to serving animals. I don’t specifically know about cats, but there is certainly the opportunity to spend inordinate amounts of money on dog care.
Thomas HardyI have a serious question. If someone decides to live in this beautiful country far from the maddening crowd, but owns properties in the EU or not in the EU and earns abroad, do they still have to pay A HELL LOT OF MONEY in wealth tax??? No country for Russian oligarchs ;-(
My understanding of the operation of the oil fund is that it is not all that different from other large, largely passive and rule bound asset managers. As such, one should probably not overstate the importance of the CEO/CIO from an investments perspective, but especially in times of trouble and turbulence (should such things ever occur again) they are likely to serve as lightning rods to the press and politicians. Why somebody of Tangen's wealth and stature would actually want the job is a bit of mystery to me, but maybe I have the question the wrong way around. Because of his wealth he can shrug off the millions of dollars (or tens of millions of kroner, as it may be) per year that it will cost him to take the job and relocate to Norway; and with his stature in the international finance community as a long-term successful hedge fund manager he can ignore what the little people in Norway think of him. I don't know - this still only argues that the cost side of the story is smaller than I would initially perceive, and does not address the benefits.I've read that state + municipal tax is 0.85% in total. Not a lot of money if I was Talsen, but I hoped renting my flat in London would cover my rent in Oslo.
BTW, isn't it crazy in itself that just one person is in charge of the actual hell lot of money that the oil fund is?