Jonty
1/3/2016 05:10 EST
Think everything through. Your post doesn't say if you're Norwegian, Swedish, American ... do you have any right to be in Norway? If so, what work are you going to do there? Norway has a huge sovereign wealth fund (for now) but with the price of oil and the dependence of Norway on oil and the way Norway's economy has become even less competitive since it became oil rich, what are you or your son going to do in Norway? I can't see Ford building gearboxes there. Most people in the oil industry expect to be made redundant. The sovereign wealth fund will tank in value as it sells shares (especially with other nations or funds selling ahead of Norway to get better prices for their shares rather than simply wait for Norway to lower the share value). I think the prognosis for Norway is terrible. It WAS the poorest country in Northern Europe and I presume it will be heading that way again since the current generations or unemployable, sick and pensioners will vote for whoever keeps them in the manner to which they have become accustomed. The fact is that other countries have far more oil that can be pumped more cheaply than in Norway. Unless those working in the Norwegian oil sector take huge pay cuts, it's hard to see how Norway can pump oil at a profit at current prices. At least Scotland has other industries your son can go into and, in my opinion, a far more inclusive social attitude to foreigners. In terms of disposable income, I think the UK is better. In Norway, you might earn what appears to be a good wage IF you get a job but by the time you have had high taxes taken away and then paid double UK prices for food etc., .... nah ... superficially Norway can look attractive but, in terms of opportunity, Norway's not the place to be. See this ... about Swedes leaving Norway now the oil boom is "over" http://www.thelocal.se/20151214/swedes-leave-norway-as-oil-boom-ends
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