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Friday June 26, 2020 (09:55:52)
When Iceland’s banking system collapsed in the 2008 financial crisis, the government let the banks go bankrupt, rather than bailing them out, and secured a loan from the International Monetary Fund (IMF). In addition, the government guaranteed in full all deposits in Iceland, and they asked Belgium, Luxembourg and the UK to insure deposits in their branches of Icelandic banks. more ...
Iceland > Living
Wednesday June 24, 2020 (13:27:27)
Iceland is a reassuring country to visit if you are English-speaking: a large percentage of the population speaks English and you should have few difficulties making yourself understood across the country. However, you may also wish to learn some Icelandic whilst you are resident here. We will look at some of your options below. more ...
Iceland > Property
Tuesday April 21, 2020 (15:02:28)
Iceland is host to an enviable standard of living and, as such, is popular with both tourists and expats. However, recently, the country has been saturated with visitors looking for short-term rental opportunities, meaning that the availability of long-term lets is low, particularly in and around Reykjavik. Due to the high demand and relatively low availability, prices are highest in the capital, but they decrease further afield. Expats often secure short-term rental properties whilst searching for long-term accommodation – a sensible approach in the current climate. Reassuringly, many expats do eventually buy properties in Iceland, which demonstrates that doing so is a plausible option. more ...
Iceland > Moving
Thursday March 12, 2020 (12:57:25)
Iceland is a fascinating country that appeals to both tourists and potential expats. It is a member of the Schengen Agreement, the European Free Trade Association (EFTA) and the European Economic Area (EEA), despite not being a member of the European Union (EU). more ...
Iceland > Working
Monday February 03, 2020 (12:11:05)
This northern European nation, like other countries in Scandinavia, has a reputation for progressive politics and it is an appealing choice for more adventurous expats seeking employment. The advantages are that you will have an interesting and unusual working environment; disadvantages include possible difficulty in finding work, since Iceland is a small nation with few urban centers. However, employment experts suggest that the country will need an increased number of foreign workers in the next decade, due to labor shortages. We will look at some of your employment options below. more ...
Iceland > Property
Monday August 19, 2019 (17:28:28)
Iceland retains a strong property market and has 130,000 residential units in the country. According to figures from visir.is, the average residential property comes in at ISK42 million which is an increase of 12.3% from the same time last year. From the beginning of the year to August 2016 the nationwide residential property price index increased by 9.48% which has been the highest increase in just over two years as listed by Statistics Iceland. As of 2014 55.1% of households in Iceland belonged to homeowners with mortgages with 18.9% of households being owned outright with no mortgage. Buying in Iceland is something which is affordable and possible for many families and individuals, expats and locals. more ...
Iceland > Links
Friday December 02, 2016 (15:24:48)
At Expat Focus, we like to be on the lookout for resources around the web that could help prospective expats adjust to their new countries. Today, we’re taking a look at Iceland and some of the blogs that might be useful for expats there. more ...
Iceland > Financial
Wednesday August 26, 2015 (13:32:09)
The home of the first Viking explorers of North America and a volcanically active territory, the Nordic island country of Iceland spans an area of 103,000 sq. km and has the lowest population density among all the European countries. Nature is at its breathtaking best in Iceland, although the region is also prone to natural hazards. Expats moving to Iceland will have the experience of living in a modern nation where the people take great pride in their language and culture. more ...
Iceland > Working
Tuesday August 18, 2015 (15:17:14)
Ever since the UN described it as the third-best place in the world to live in, Iceland has become a dream destination for many expats from around the world. There are currently about 15,000 immigrants working in this country. Even though it has had some recent economic struggles, Iceland’s living standards remain very high. The fact that this region has a low unemployment rate (less than 6%) with fairly high wages makes it all the more attractive to many foreigners. more ...
Iceland > Living
Friday July 17, 2015 (12:53:17)
For years now, Iceland has been rated as one of the best places to live in terms of health, happiness and overall satisfaction. The country’s rich culture, social welfare system, natural beauty and close proximity to other places in Europe have attracted many expats in the last few years. If you are thinking about a new destination to move to, this may just be the right place for you. more ...