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Are foreigners allowed to own property in Iceland?

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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," said another in Iceland.

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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.
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Other Questions:

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:

If your answer relates to a specific city or town in Iceland, please include the name of the city/town below:


Allianz Care
Allianz Care

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Allianz CareAllianz Care

Flexible solutions allow you to tailor your cover to meet your needs and budget. Use Promocode: LIFE10 and get 10% off your international health insurance for life!
Get Quote

Digital-Nomad-Visa-in-IcelandDigital Nomad Visa in Iceland

Find essential information about the digital nomad visa for working in Iceland.

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

William Russell
William Russell

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