×
Interested in our Partner Program for businesses or our Local Guide Program for experienced expats and digital nomads? Click here to learn more.
Stykkisholmur, Iceland | Where should I setup a bank account in Stykkisholmur? | Expat Exchange
Expat Exchange
Free MembershipSign In

Where should I setup a bank account in Stykkisholmur?

Answer this Question

We asked expats in Stykkisholmur what banks they use and there advice about banking. They advised...

"Before retiring in Stykkisholmur, expats should know that the cost of living is relatively high, with groceries, dining, and housing being more expensive than in many other countries. They should also be aware that the climate is cold and windy, with long, dark winters and short, cool summers. Expats should understand that the official language is Icelandic, although English is widely spoken. They should also be aware that the healthcare system in Iceland is of a high standard, but it is advisable to have comprehensive health insurance. Expats should know that Stykkisholmur is a small town with a population of around 1,100 people, so it offers a quiet, peaceful lifestyle. It's also important to note that the town is located on the Snaefellsnes Peninsula, which is known for its stunning natural beauty, including mountains, glaciers, and bird colonies. Expats should be aware that the Icelandic people are known for their friendliness and hospitality, but they also value their privacy and expect others to do the same. They should also know that the crime rate in Iceland is very low, making it a safe place to live. Before moving, expats should familiarize themselves with the local customs and traditions, such as the Christmas Eve tradition of giving books and spending the evening reading. They should also be aware that fishing and tourism are the main industries in Stykkisholmur, so there may be opportunities for part-time work or volunteering. Finally, expats should know that the process of moving to Iceland involves obtaining a residence permit, which requires proof of financial self-sufficiency, among other things. It's recommended to consult with an immigration expert or lawyer to understand the process and requirements," wrote a member who made the move to Stykkisholmur, Iceland.

William RussellWilliam Russell
Get Quote

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.

William RussellWilliam Russell

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
Get Quote

Other Questions:

Where should I setup a bank account in Stykkisholmur?

If you live in Stykkisholmur, newcomers to Stykkisholmur would love to hear your answer to this question.


William Russell
William Russell

Get a quote for international health insurance from our partner, William Russell.
Get Quote

William RussellWilliam Russell

Get a quote for international health insurance from our partner, William Russell.
Get Quote

Contribute to Iceland Network Contribute
Help others in Iceland by answering questions about the challenges and adventures of living in Iceland.

William Russell
William Russell

Copyright 1997-2024 Burlingame Interactive, Inc.

Privacy Policy Legal Partners & Local Guides