Are foreigners allowed to own property in Iceland?
When we asked expats in Iceland if foreigners are allowed to own property, they answered...
"Yes, foreigners are allowed to own property in Iceland. Non-residents of Iceland are allowed to purchase real estate in the country, however, they must obtain permission from the Ministry of Justice before doing so. Additionally, foreign investors must register with the Icelandic Tax Authority and obtain a tax identification number. Furthermore, foreign investors must also obtain a residence permit if they plan to stay in Iceland for more than three months," commented one expat who made the move to Iceland.
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Are foreigners allowed to own property in Iceland?
If you live in Iceland, newcomers to Iceland would love to hear your answer to this question:
