September 29th, 2007 by admin
The year-to-date turnover from certified sale contracts for real estate in Iceland was nearly ISK 321 billion (USD 4.9 billion, EUR 3.5 billion) as of September 7, compared with an annual turnover of ISK 269 billion (USD 4.1 billion, EUR 3.0 billion) in 2006.
The number of sale contracts reached 10,500 on September 7, compared with 11,700 contracts for the entire year in 2006, Morgunbladid reports.
Haukur Ingibergsson, director of the Land Registry of Iceland, said a number of factors contribute to this boom in property sales, like the increase in population, high employment rates, greater purchasing power, economic growth, a general sense of optimism and a varied supply of housing.
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August 10th, 2007 by lana
It gives me a great pleasure to speak to you here today. At the outset I want to thank the Centre for European Policy Studies for arranging this meeting and to give me the opportunity to talk about Iceland’;s participation in the European integration.
( for more info click here)
August 10th, 2007 by lana
A new party formally entered Iceland’s political landscape yesterday: Íslandshreyfingin – lifandi land (“Iceland’s Movement – living land”). The party is led by reporter and environmentalist Ómar Ragnarsson. ( for more info click here)
August 10th, 2007 by lana
I propose to research the Women’s Alliance (WA), a political phenomenon unique to Iceland, at the University of Reykjavik in fall of 2002. I will focus on the historic events leading up the creation of the Women’s Alliance, and the events that led them to join a coalition after declining support. I propose to do this through coursework at the University, independent research, and interviews with former members of the Women’s Alliance. ( for more info click here)
August 10th, 2007 by lana
The Intercultural Centre, standing directly across from the National Theatre, plays a vital role in Reykjavík’s immigrant community. Their staff provide an array of services and information, publish a magazine and even run a coffee shop on the ground floor. The Grapevine went to speak with the centre’s director, Einar Skúlason, and asked him about the work they do there, what life is like for immigrants in Iceland, and what part he thinks they will play in the upcoming elections. ( for more info click here)
August 10th, 2007 by lana
According to a new poll in Iceland by Gallup, published on September 1, support for EU membership in Iceland is now 43% and opposition 37%. According to the last EU poll in Iceland in February this year also by Gallup support for membership was 45% and opposition 34%. So the support has decreased by couple of percents since then and the opposition increased by 3%.
( for more info click here)
August 1st, 2007 by lana
The discussion below is about the taxation of those not domiciled in Iceland but owning real estate in the country. ( for more info click here)
July 31st, 2007 by lana
The Icelandic tax system is relatively simple and effective. In the last few years the emphasis has been to simplify it further, reduce tax rates, broaden the tax bases and conclude more bilateral taxation agreements, which will increase the competitiveness of Icelandic corporations and attract foreign investors.
( for more info click here)
July 17th, 2007 by lana
Iceland is a parliamentary republic, in which the parliament (Althing) holds legislative power. The government is led by a prime minister selected on the basis of the party composition of parliament and formally named by the president. ( for more info click here)
July 17th, 2007 by lana
As a member of the 18-nation European Economic Area (all EU states and three of the four EFTA states), Iceland implements the same basic liberal business philosophy as the European Union. Except in a few limited areas, all EU commercial legislation and directives take effect in Iceland. Consequently, Iceland makes an ideal springboard for tariff-free access to the major EU market area, as well as a fully competitive location for EU companies to operate.
( for more info click here)