Foreign Investments in Iceland

Iceland presents international businesses and investors with a wide range of opportunities for investments, different activities and operations in a highly developed economy. Iceland offers attractive fiscal and tax environment for locating holding companies and multinational headquarters with world-wide activities. Power-intensive industrial production, mainly focusing on metals, has led the foreign investment field to date, but growing numbers of investors are taking stakes in dynamic hi-tech enterprises or making strategic purchases in production and services related to their own international activities. They have found an investor-friendly environment with high professional standards in all the support services that a business launch needs to rely on.

In general, Icelandic laws allow non-nationals to invest in Icelandic business enterprises. Substantive rules on such investments are, for the most part, the same as those in the European Union (EU). As a member of the European Economic Area (EEA), Iceland may not impose restrictions on investments of EU or EFTA member countries.

Old Icelandic Banknotes
Source: The Culture House

There are some exceptions to the general rule of freedom in foreign investing. See the Invest in Iceland Agency website.