<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/nport" xmlns:com="http://www.sec.gov/edgar/common" xmlns:ncom="http://www.sec.gov/edgar/nportcommon" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.sec.gov/edgar/nport eis_NPORT_Filer.xsd">
  <headerData>
    <submissionType>NPORT-P</submissionType>
    <isConfidential>false</isConfidential>
    <filerInfo>

      <filer>
        <issuerCredentials>
          <cik>0001352621</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
      </filer>


      <seriesClassInfo>
        <seriesId>S000040349</seriesId>
        <classId>C000125280</classId>
        <classId>C000125279</classId>
      </seriesClassInfo>

    </filerInfo>
  </headerData>
  <formData>
    <genInfo>
      <regName>Northern Lights Variable Trust</regName>
      <regFileNumber>811-21853</regFileNumber>
      <regCik>0001352621</regCik>
      <regLei>549300JG5J5V82S8VI88</regLei>
      <regStreet1>225 PICTORIA DRIVE</regStreet1>
      <regStreet2>SUITE 450</regStreet2>
      <regCity>CINCINNATI</regCity>
      <regStateConditional regCountry="US" regState="US-OH"/>
      <regZipOrPostalCode>45246</regZipOrPostalCode>
      <regPhone>631-470-2600</regPhone>
      <seriesName>BTS Tactical Fixed Income VIT Fund</seriesName>
      <seriesId>S000040349</seriesId>
      <seriesLei>549300AJ1ZBC86DDL005</seriesLei>
      <repPdEnd>2022-12-31</repPdEnd>
      <repPdDate>2022-09-30</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
    <fundInfo>
      <totAssets>13556784.81</totAssets>
      <totLiabs>70885.88</totLiabs>
      <netAssets>13485898.93</netAssets>
      <assetsAttrMiscSec>0.00000000</assetsAttrMiscSec>
      <assetsInvested>0.00000000</assetsInvested>
      <amtPayOneYrBanksBorr>0.00000000</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.00000000</amtPayOneYrCtrldComp>
      <amtPayOneYrOthAffil>0.00000000</amtPayOneYrOthAffil>
      <amtPayOneYrOther>0.00000000</amtPayOneYrOther>
      <amtPayAftOneYrBanksBorr>0.00000000</amtPayAftOneYrBanksBorr>
      <amtPayAftOneYrCtrldComp>0.00000000</amtPayAftOneYrCtrldComp>
      <amtPayAftOneYrOthAffil>0.00000000</amtPayAftOneYrOthAffil>
      <amtPayAftOneYrOther>0.00000000</amtPayAftOneYrOther>
      <delayDeliv>0.00000000</delayDeliv>
      <standByCommit>0.00000000</standByCommit>
      <liquidPref>0.00000000</liquidPref>
      <cshNotRptdInCorD>0.00000000</cshNotRptdInCorD>
      <isNonCashCollateral>N</isNonCashCollateral>
      <returnInfo>
        <monthlyTotReturns>
          <monthlyTotReturn classId="C000125280" rtn1="0.77000000" rtn2="-2.42000000" rtn3="0.00000000"/>
          <monthlyTotReturn classId="C000125279" rtn1="0.74000000" rtn2="-2.32000000" rtn3="0.00000000"/>
        </monthlyTotReturns>
        <othMon1 netRealizedGain="48053.51000000" netUnrealizedAppr="60896.72000000"/>
        <othMon2 netRealizedGain="0.00000000" netUnrealizedAppr="-350355.05000000"/>
        <othMon3 netRealizedGain="-299827.70000000" netUnrealizedAppr="289124.48000000"/>
      </returnInfo>
      <mon1Flow redemption="-129221.20000000" reinvestment="0.00000000" sales="69217.05000000"/>
      <mon2Flow redemption="-251802.00000000" reinvestment="0.00000000" sales="180250.31000000"/>
      <mon3Flow redemption="-539197.10000000" reinvestment="0.00000000" sales="46110.39000000"/>

    </fundInfo>
    <invstOrSecs>
      <invstOrSec>
        <name>Ishares Trust</name>
        <lei>5493000860OXIC4B5K91</lei>
        <title>ISHARES 0-3M T/B</title>
        <cusip>46436E718</cusip>
        <identifiers>
          <isin value="US46436E7186"/>
        </identifiers>
        <balance>40561.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4067051.47000000</valUSD>
        <pctVal>30.15780773021</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fidelity Institutional Cash Portfolios</name>
        <lei>549300SHPEJB1OPRCV46</lei>
        <title>FID-MM GOVT-I</title>
        <cusip>316175108</cusip>
        <identifiers>
          <isin value="US3161751082"/>
        </identifiers>
        <balance>655271.74000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>655271.74000000</valUSD>
        <pctVal>4.858940018765</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ishares Trust</name>
        <lei>5493000860OXIC4B5K91</lei>
        <title>ISHARES SHORT TREASURY BO</title>
        <cusip>464288679</cusip>
        <identifiers>
          <isin value="US4642886794"/>
        </identifiers>
        <balance>12320.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1355200.00000000</valUSD>
        <pctVal>10.04901495283</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Spdr Series Trust</name>
        <lei>5493004JVD6CQEEJSS37</lei>
        <title>SPDR BLOOMBERG 1</title>
        <cusip>78468R663</cusip>
        <identifiers>
          <isin value="US78468R6633"/>
        </identifiers>
        <balance>44407.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4067681.20000000</valUSD>
        <pctVal>30.16247727432</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs Etf Trust</name>
        <lei>549300VEZF7K2ES5WL82</lei>
        <title>GOLDMAN SACHS ACCESS TREA</title>
        <cusip>381430529</cusip>
        <identifiers>
          <isin value="US3814305294"/>
        </identifiers>
        <balance>20368.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2033744.80000000</valUSD>
        <pctVal>15.08052826553</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Invesco Actively Managed Exchange-Traded Fd Tr</name>
        <lei>549300S7YWBLZ3UGI217</lei>
        <title>INVESCO ULTRA SHORT DURAT</title>
        <cusip>46090A887</cusip>
        <identifiers>
          <isin value="US46090A8870"/>
        </identifiers>
        <balance>27424.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1354471.36000000</valUSD>
        <pctVal>10.04361197596</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Returns are reported without deducting sales loads and redemption fees, if any." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2022-10-28</ncom:dateSigned>
      <ncom:nameOfApplicant>Northern Lights Variable Trust</ncom:nameOfApplicant>
      <ncom:signature>James Colantino</ncom:signature>
      <ncom:signerName>James Colantino</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
