Norway becomes second Nordic country to offer film incentives
It was only a couple weeks ago that we were reporting the news that the upcoming Harry Hole film may be set in Sweden and not Norway, prominently due to the high costs of shooting a film in the Norwegian capital Oslo. However, last week during the announcement of the Norwegian Film White Paper, Norway’s culture Minister Thorhild Widvey announced that one of the top priorities for the Norwegian government is to introduce film incentives to attract productions.
Widvey announced that the incentives are available to both national and international film and television dramas and would consist of direct reimbursement of 20-25% of part of the productions costs incurred in Norway. Producers won’t be able to tap both into the new incentives and NFI support, however combining them with grants from regional funds are permitted.
The new film incentives will be introduced in 2016 and will be managed from Bergen by a new branch of the NFI. Reacting to the Culture Minister’s announcement, Truls Kontny, head of the Norwegian Film Commission said: “We are pleased that the government has finally agreed to introduce film incentives. However putting a cap on reimbursement will make refunding procedures quite unpredictable and might deter foreign producers from coming to Norway.’
Iceland is the only other country currently offering film incentives with a 20% reimbursement.
Details of the new Norwegian film incentives will be announced in the autumn.
For further information on the Norwegian Film White Paper, CLICK HERE.