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Norwegian citizens who acquire citizenship by birth but have resided less than 2 years in Norway or 7 years in Nordic Council countries must apply to retain Norwegian citizenship before turning 22 years of age unless they would otherwise be stateless. Applicants are not required to renounce other citizenships, but are required to demonstrate ...
The Government Pension Fund Norway is smaller and was established in 1967 as a type of national insurance fund. It is managed separately from the Oil Fund and is limited to domestic and Nordic investments and is therefore a key stock holder in many large Norwegian companies, predominantly via the Oslo Stock Exchange .
A sovereign wealth fund (SWF) is a fund owned by a state (or a political subdivision of a federal state) composed of financial assets such as stocks, bonds, property or other financial instruments. Sovereign wealth funds are entities that manage the national savings for the purposes of investment.
Citizenship by investment programs enable the applicant to rapidly obtain citizenship with no required residence period, or only a short nominal period measured in days or weeks. These are often known as "golden passports" or "cash-for-passport" programs, offering visa-free travel and possible tax advantages.
[52] The government also operates a sovereign wealth fund, the Government Pension Fund of Norway, whose partial objective is to prepare Norway for a post-oil future but "unusually among oil-producing nations, it is also a big advocate of human rights – and a powerful one, thanks to its control of the Nobel peace prize." [53]
Nicolai Tangen’s podcast isn’t like any other: The guest list includes major C-suite execs at companies that the $1.6 trillion sovereign fund invests in.
Reporters Without Borders: Press Freedom Index 2019/2020, ranked 1 out of 179 countries [12] Economist Intelligence Unit: Democracy Index 2019, ranked 1 out of 167; score of 9.87 [13] Electoral process and pluralism: ranked 1 out of 167; score of 10.00 A; Functioning of government: ranked 1 out of 167; score of 9.64
The firm, which manages Norway’s $1.4 trillion government pension fund, is the world’s biggest single investor in the stock market. As of the end of 2022, it owned shares worth about $42 ...