Standard Tuning, no capo. 

Intro: 

E A Abm A x2

Verse:

E                      A                Abm         A
Rather die in your arms, than die lonesome

E                      A                Abm         A
Rather die hard, than die hollow

C#m                      A
The higher that I climb

F#m                   Abm
 the deeper I fall down

C#m                     A
I'm running out of time

F#m                                B
So let's dance while we're waiting

Chorus:

E                               A
We will live longer than I will

Abm                           A
We will be better than I was

E                               A
We can cross rivers with our will

Abm                           A
we can do better than I can

                      E        A
so dance while you can

                     Abm       A
Dance cause you must

              E        A
Love out of lust

         Abm        A
Dance while you can

Repeat verse and chorus, i.e. same chords for the rest of the song. The bridge 
uses the same chords as well. 

Lovely tune

/Stubbgubben