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Akureyri, Iceland 🇮🇸
#792 ,

Nomad Score: 54%

Essentials

🏙️ City Akureyri is the largest town in northern Iceland, known as the 'Capital of North Iceland'.
👥 Population Approximately 19,000
💻 Internet Speed Average speed is around 100 Mbps
💸 Currency & Banking 1 ISK ≈ 0.0070 USD, major banks include Íslandsbanki and Arion Bank
🚰 Tap Water Drinkable, known for its purity and taste
🔌 Power 230V, 50Hz, 🔌 Type C/F sockets
📶 SIM Card Providers include Síminn, Vodafone, and Nova
💳 Banking for Expats International cards accepted widely, ATMs available
🛌 Accommodation Options include Airbnb, hotels, and guesthouses
💳 Cashless Friendly Yes, credit/debit cards are accepted everywhere
🏠 Short Term Rentals Airbnb and local rental agencies are popular
🛏️ Budget Accommodation Akureyri Backpackers and other hostels
🏙️ Best Area to Stay for Tourists The city center offers proximity to shops, restaurants, and attractions.
🏙️ Best Area to Stay for Digital Nomads The city center or close to the harbor, where coworking spaces are available.

Working and Networking

🏢 Best Coworking Space Work in Akureyri - offers hot desks and private offices
Best Cafe for Work Cafe Ljónsbítur - reliable Wi-Fi and comfy seating
💼 Networking Events Monthly meetups organized by local entrepreneurs
🥂 Social Events for Expats Icelanders and expats regularly gather at local pubs and events.

Transportation

🚕 Best Taxi/Ride App Taxi Akureyri - local taxi service
🚲 Bike/Scooter Rental Bicycle rental available at Akureyri Cyclery
🏖️ Best Beach Nearby Neslaug Beach, about a 10-minute drive from the city center
✈️ Top Regional Airline Air Iceland Connect - operates from Akureyri Airport
✈️ Top International Airline Icelandair connects Reykjavík and Akureyri with international flights
🛣️ Highway Access Ring Road (Route 1) provides access to other parts of Iceland
🚉 Main Train/Transit Hub There are no trains; bus services provide transportation.
🚍 Public Transport Passes Tickets available for local bus services, priced at around ISK 350 per ride.
✈️ Regional Travel Buses connect Akureyri with other towns in the region.

Health and Wellness

🏥 Best Hospital Akureyri Hospital - provides emergency and general healthcare services
🧘 Yoga & Wellness Centers Yoga Akureyri offers classes for all levels
🏋️ Gyms & Fitness Centers Laugavatn Gym and Akureyri Swimming Pool for fitness enthusiasts
🧺 Laundry Services Self-service laundromat located near the city center

Food and Drink

📱 Best Food Delivery App Chef's Box - local delivery service for a variety of cuisines
🍽️ Best Local Dish to Try Plokkfiskur (fish stew) - a traditional Icelandic dish
🍱 Vegan/Vegetarian Options Cafe Vagninn - offers wholesome vegetarian and vegan meals
🍫 Best Dessert Spots GAY Húsid - famous for its cakes and pastries
🛒 Affordable Shopping Spots Icelandic local markets and Bónus supermarket for affordable groceries
🛒 E-commerce/Online Store Sambíóin Online Store - local shopping with home delivery
🛒 Grocery Delivery Netverslun.is offers grocery delivery services
🍸 Bar/Nightlife Area Tryggvaskáli - popular bar in the city center
🍻 Local Brewery Brewery Kaldi - known for its craft beers
🍷 Wine Bars Gullfoss Wine Bar - specialized in Icelandic wines
🍲 Street Food Stalls Fish & Chips Akureyri - local food truck
🍕 Popular International Cuisine Akureyri Grill - variety of cuisines available

Culture and Attractions

🎟️ Must-See Landmarks Akureyri Church and the Arctic Botanical Gardens
🏛️ Museums & Art Venues Akureyri Art Museum showcases local and international art
🏰 Historical Sites The Old Town of Akureyri features well-preserved historical buildings.
🕍 Religious Sites Akureyri Church - a prominent landmark in the city
🎉 Annual Events Akureyri Summer Festival - vibrant cultural celebration held annually.
🎨 Cultural Districts The city center hosts many cultural activities.
🎭 Theater Venues Akureyri Theater offers plays and performances throughout the year.
🛍️ Local Markets The Tuesday Market held during summer months for crafts and local goods.
🎼 Music Scene Various music festivals, especially during summer, featuring both local and international acts.
🎨 Street Art Public murals can be found throughout the city, showcasing local artists.
🧑‍🍳 Cooking Classes Local culinary classes available focusing on Icelandic cuisine.
👩‍🎨 Art Galleries Hverfisgata Contemporary Art Gallery features rotating exhibits.
🕰️ Historic Buildings The Akureyri Folk Museum showcases the town's rich history.
🏴 Local Heritage Local folklore and cultural traditions celebrated in various festivals.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Lake Mývatn, approximately an hour's drive, is great for nature walks.
🏞️ National Parks Nearby Vatnajökull National Park is a few hours' drive and is known for its glaciers.
🚲 Cycling/Walking Paths Numerous scenic paths by the fjord for walking and cycling.
🌄 Scenic Viewpoints Views from Akureyri Church provide stunning panoramas of the city and fjord.
🦉 Birdwatching Locations Lake Mývatn is a renowned birdwatching spot.
🔥 Bonfire-Friendly Spots Designated areas along the fjord for bonfires and picnics.

Other Services and Amenities

📦 Parcel Delivery Service Local post office and UPS courier services available.
🛠️ Tech Repair Services IT services and electronic repair shops available in the city.
🏓 Table Tennis Spots Sports complexes offer ping pong facilities.
🧑‍🏫 Language Classes Local schools and community centers offer Icelandic language classes.
📚 Libraries & Study Spots The Akureyri Public Library provides quiet study locations.
🏘️ Community Centers Cultural Center Akureyri hosts events and community activities.
🕹️ Gaming Lounges Local cafes sometimes host gaming nights.
🎰 Casino & Gaming Halls No casinos, but the city has gaming arcades.

Business

🏢 Studio Purchase Price (City Center) Approx. €2,800 per m² (e.g., 40 m² = €112,000)
🏢 Studio Purchase Price (Outside City) Approx. €2,500 per m² (e.g., 40 m² = €100,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. €3,200 per m² (e.g., 60 m² = €192,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. €2,700 per m² (e.g., 60 m² = €162,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. €2,900 per m² (e.g., 80 m² = €232,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. €2,400 per m² (e.g., 80 m² = €192,000)
💼 Corporate Tax 20% standard corporate tax rate in Iceland
💵 Dividend Withholding Tax 22% on dividend distributions
🏦 Tax System Progressive tax system with international agreements in place.
📈 Highest Income Tax Bracket 46.24%
🧾 VAT 24% standard Value Added Tax rate
🌐 Controlled Foreign Company (CFC) Rules Yes, applies to foreign subsidiaries meeting criteria.
🏠 Property Tax Annual property taxation based on assessed value.
🏠 Property Transaction Tax 0.4% of the purchase price.
💻 Attractive Tax System for Digital Nomads Non-residents are typically taxed only on Icelandic-source income.

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