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Akranes, Iceland 🇮🇸
#1546 ,

Nomad Score: 46%

Essentials

🏙️ City Akranes is a coastal town located in western Iceland, known for its scenic landscapes and maritime activities.
👥 Population Approximately 7,600 residents.
💻 Internet Speed Average internet speed is around 100 Mbps.
💸 Currency & Banking Icelandic Króna (ISK), where 1 EUR ≈ 150 ISK.
🚰 Tap Water Drinkable, sourced from the surrounding nature.
🔌 Power 230V, 50Hz, 🔌 Type C/F sockets.
📶 SIM Card Siminn and Vodafone are the main mobile providers offering good coverage.
💳 Banking for Expats Kaupthing, Íslandsbanki, and Arion Bank are popular among expats.
🛌 Accommodation Various options including Airbnb, guesthouses, and local rentals.
💳 Cashless Friendly Yes, cards are widely accepted in most places.
🏠 Short Term Rentals Airbnb and local rentals can be found, with prices ranging from 10,000 to 20,000 ISK per night.
🛏️ Budget Accommodation Hostel Akranes offers dormitory beds starting at around 6,000 ISK per night.
🏙️ Best Area to Stay for Tourists The waterfront area is popular for its views and accessibility to attractions.
🏙️ Best Area to Stay for Digital Nomads Residential neighborhoods near the town center, providing quiet and access to amenities.

Working and Networking

🏢 Best Coworking Space Coworking Akranes, offering flexible desks and meeting rooms.
Best Cafe for Work Café Dreyra, known for its strong Wi-Fi and relaxed atmosphere.
💼 Networking Events Monthly meetups organized by local entrepreneurs at the Cultural Center.
🥂 Social Events for Expats Akranes Expat Community on Facebook connects newcomers with local events.

Transportation

🚕 Best Taxi/Ride App Taxi Akranes, local taxi service available for rides.
🚲 Bike/Scooter Rental Rental options available at Akranes Bike Shop, with rates around 3,000 ISK per day.
🏖️ Best Beach Nearby Grey Sand Beach, a relaxation spot just 10 minutes from the town center.
✈️ Top Regional Airline Air Iceland Connect offers regional flights to other parts of Iceland.
✈️ Top International Airline Icelandair, with connections to several international destinations.
🛣️ Highway Access Route 1 (Ring Road) connects Akranes to the rest of the country.
🚉 Main Train/Transit Hub Akranes does not have a train station; buses connect it to Reykjavik.
🚍 Public Transport Passes Single fare is around 1,500 ISK; monthly passes available for regular travelers.
✈️ Regional Travel Bus services operated by Strætó connect Akranes to larger cities like Reykjavik.

Health and Wellness

🏥 Best Hospital Akranes Health Center provides primary healthcare and emergency services.
🧘 Yoga & Wellness Centers Reykjavik Wellness offers online classes catering to residents in Akranes.
🏋️ Gyms & Fitness Centers Landsbókasafn Akranes has fitness facilities available to members.
🧺 Laundry Services Self-service laundromat Þvottahúsið is available in the town center.

Food and Drink

📱 Best Food Delivery App Gottbiti delivers a variety of local dining options.
🍽️ Best Local Dish to Try Try Plokkfiskur, a traditional fish stew.
🍱 Vegan/Vegetarian Options Cafe Pizzan offers excellent vegetarian choices including vegan pizzas.
🍫 Best Dessert Spots Skyrfabrikkan specializes in Icelandic skyr desserts.
🛒 Affordable Shopping Spots Akranes Food Market offers local products at competitive prices.
🛒 E-commerce/Online Store Keep an eye on local e-commerce platforms like Elko for electronics.
🛒 Grocery Delivery Krónan offers grocery delivery services throughout Akranes.
🍸 Bar/Nightlife Area Bars like Kjarni offer a relaxed atmosphere for locals and expats alike.
🍻 Local Brewery Akranes Microbrewery produces a range of local craft beers.
🍷 Wine Bars Vínberið offers a selection of international wines in a cozy setting.
🍲 Street Food Stalls Street food can be found at various pop-up events during the summer.
🍕 Popular International Cuisine Dine at Bistró Akranes for a mix of international and local dishes.

Culture and Attractions

🎟️ Must-See Landmarks The Akranes Lighthouse and the local museum showcasing the town's history.
🏛️ Museums & Art Venues Akraneskirkja church features impressive architecture and community events.
🏰 Historical Sites The Old Harbour area offers a glimpse into the town's fishing history.
🕍 Religious Sites Akraneskirkja is the main church and a significant landmark.
🎉 Annual Events Akranes Culture Festival held annually in July features arts and crafts.
🎨 Cultural Districts The old town center preserves historical architecture and local culture.
🎭 Theater Venues Cultural Center Akranes hosts theater performances and exhibitions.
🛍️ Local Markets Farmers' market during summer showcases local produce and crafts.
🎼 Music Scene Local musicians perform regularly at venues like Café Dreyra.
🎨 Street Art Check out the murals along the harbor area reflecting local history.
🧑‍🍳 Cooking Classes Local chefs offer classes focusing on traditional Icelandic cuisine.
👩‍🎨 Art Galleries Landsbókasafn Akranes displays local art and photography.
🕰️ Historic Buildings The old whaling station is a notable historic site worth visiting.
🏴 Local Heritage The annual Akranes Knattleikur (paddle game) reenacts historical traditions.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Mount Akrafjall offers hiking trails and stunning panoramic views.
🏞️ National Parks Nearby Snæfellsjökull National Park is accessible for day trips.
🚲 Cycling/Walking Paths Coastal paths provide scenic views perfect for walking or cycling.
🌄 Scenic Viewpoints The Akranes Lighthouse area offers breathtaking views of the ocean.
🦉 Birdwatching Locations The nearby wetlands are a haven for various bird species.
🔥 Bonfire-Friendly Spots Designated areas at nearby beaches allow for bonfires during summer.

Other Services and Amenities

📦 Parcel Delivery Service Posturinn is the main postal service providing parcel delivery in Akranes.
🛠️ Tech Repair Services Local shops such as GSM Akranes cater to tech repairs.
🏓 Table Tennis Spots Community Gym has a multipurpose area for table tennis.
🧑‍🏫 Language Classes Local cultural institutes offer Icelandic language courses.
📚 Libraries & Study Spots Akranes Library is a quiet space for study with free Wi-Fi.
🏘️ Community Centers Félagsheimilið is a cultural center hosting various community activities.
🕹️ Gaming Lounges Local cafes occasionally host gaming nights for enthusiasts.
🎰 Casino & Gaming Halls No casinos present in Akranes; however, Reykjavik has several options.

Business

🏢 Studio Purchase Price (City Center) Approx. 350,000 ISK per m² (e.g., 40 m² = 14,000,000 ISK)
🏢 Studio Purchase Price (Outside City) Approx. 300,000 ISK per m² (e.g., 40 m² = 12,000,000 ISK)
🏠 1-Bedroom Purchase Price (City Center) Approx. 330,000 ISK per m² (e.g., 60 m² = 19,800,000 ISK)
🏠 1-Bedroom Purchase Price (Outside City) Approx. 280,000 ISK per m² (e.g., 60 m² = 16,800,000 ISK)
🏡 2-Bedroom Purchase Price (City Center) Approx. 310,000 ISK per m² (e.g., 80 m² = 24,800,000 ISK)
🏡 2-Bedroom Purchase Price (Outside City) Approx. 260,000 ISK per m² (e.g., 80 m² = 20,800,000 ISK)
💼 Corporate Tax 20% corporate tax rate.
💵 Dividend Withholding Tax 20% withholding tax on dividends.
🏦 Tax System Based on worldwide income for residents.
📈 Highest Income Tax Bracket 46.24% maximum income tax rate for high earners.
🧾 VAT Standard VAT rate is 24%.
🌐 Controlled Foreign Company (CFC) Rules Yes, Iceland has regulations governing foreign subsidiaries.
🏠 Property Tax Yes, property tax based on assessed value.
🏠 Property Transaction Tax 1.5% tax on property transactions.
💻 Attractive Tax System for Digital Nomads No specific tax incentives, but reasonable tax rates for businesses.

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