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Opportunities in Iceland for foreign investors

Iceland has a lot to offer to both exporters and foreign investors. It is situated mid-way between Europe and North America. It has one of the highest living standards in the world. Trade relations and market access is favourable on both sides of the Atlantic. The transport and telecommunications infrastructure is well advanced. Icelanders pride themselves on being well educated and the workforce is highly skilled. Labour costs are competitive. The public administration is smaller than in most other countries which cuts the red-tape burden. The country is uniquely endowed with hydro and geothermal energy and environmental resources. A company wishing to use natural energy to produce clean products in an unspoiled environment will indeed find unique opportunities in Iceland.

The country has excellent harbour and airport facilities. The major harbours around the country remain ice free throughout the year. Icelandic shipping lines operate coastal services around Iceland and regular shipping routes to the major ports of Europe and North America. An Icelandic airline company offers direct flights between Iceland and a number of European cities, as well as transatlantic flights between several European and US cities with a stop-over in Iceland. Other international airlines have also served the country from time to time. Several airlines operate domestic routes across the length and breadth of the country. All of the major cities and towns are served by a modern road system.

Last but not least, the overall economic environment is attractive to foreign investors. Inflation has subsided to low European levels where it is likely to stay, making investment decisions more effective. Attitudes have changed with foreign investors now welcomed rather than merely accepted.


The Port of Reykjavik


Bus Rental in Iceland


Hotels Keflavik


Books about Iceland

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