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Kopavogur, Iceland 🇮🇸
#1636 ,

Nomad Score: 55%

Essentials

🏙️ City Kopavogur is the second largest municipality in Iceland, located in the Greater Reykjavík area.
👥 Population Approximately 38,000 residents.
💻 Internet Speed Average internet speed is around 100 Mbps.
💸 Currency & Banking Icelandic Króna (ISK). 1 EUR ≈ 150 ISK.
🚰 Tap Water Drinkable and considered some of the best quality in the world.
🔌 Power 230V, 50Hz, 🔌 Type F sockets.
📶 SIM Card Providers include Síminn and Vodafone. Prepaid SIM available starting at 2,000 ISK.
💳 Banking for Expats Major banks include Íslandsbanki and Landsbankinn. Accepts international cards.
🛌 Accommodation Options include Airbnb, and local rental sites. Monthly rentals in the city range from 150,000 ISK to 250,000 ISK.
💳 Cashless Friendly Yes, most places accept cards, including contactless payments.
🏠 Short Term Rentals Available on platforms like Airbnb and local rental services.
🛏️ Budget Accommodation Hostel options include Kex Hostel in Reykjavík, a short drive from Kopavogur.
🏙️ Best Area to Stay for Tourists Kopavogur Center is ideal for sightseeing and local amenities.
🏙️ Best Area to Stay for Digital Nomads Kopavogur Center for good internet connectivity and cafes.

Working and Networking

🏢 Best Coworking Space Kopavogur Church offers a community space with free Wi-Fi.
Best Cafe for Work Dóminos Kopavogur, known for its cozy atmosphere and free Wi-Fi.
💼 Networking Events Check local listings and Facebook groups for digital nomad meetups.
🥂 Social Events for Expats International meetup groups on platforms like Meetup.com.

Transportation

🚕 Best Taxi/Ride App Hreyfill offers taxi services and is popular in the region.
🚲 Bike/Scooter Rental Rental services available from local shops; typically around 2,500 ISK per day.
🏖️ Best Beach Nearby Nauthólsvík Beach, just 10 minutes away, offers warm geothermal beaches.
✈️ Top Regional Airline Air Iceland Connect operates local flights.
✈️ Top International Airline Icelandair connects to major cities worldwide.
🛣️ Highway Access Connected to the Ring Road (Route 1) providing access around the island.
🚉 Main Train/Transit Hub Buses connect Kopavogur to Reykjavík and other areas.
🚍 Public Transport Passes Monthly passes for public transport start at 11,000 ISK.
✈️ Regional Travel Buses provide transport to neighboring towns with regular schedules.

Health and Wellness

🏥 Best Hospital Kopavogur Hospital offers a range of services.
🧘 Yoga & Wellness Centers Yoga and Wellness Iceland, located in the city, offers various classes.
🏋️ Gyms & Fitness Centers Gym facilities like World Class in Kopavogur offer fitness options.
🧺 Laundry Services Laundryomat located at Tónlistarskóli in Kopavogur for easy access.

Food and Drink

📱 Best Food Delivery App Food on the Go is popular in Kopavogur.
🍽️ Best Local Dish to Try Don't miss out on the traditional lamb soup ( kjötsúpa).
🍱 Vegan/Vegetarian Options Kaffi O flat, recognized for its vegetarian options.
🍫 Best Dessert Spots Ísbúðin in Kopavogur for delicious ice cream.
🛒 Affordable Shopping Spots Kopavogur Kolaportið offers budget-friendly options.
🛒 E-commerce/Online Store Local marketplaces like MBL.is for various goods.
🛒 Grocery Delivery K grocery store provides online ordering and delivery.
🍸 Bar/Nightlife Area Local bars in the city center, such as Café Barón.
🍻 Local Brewery Okkar Bar offers local craft beers.
🍷 Wine Bars Vínbúðin, the state-owned wine and spirits shop.
🍲 Street Food Stalls Various food trucks serve local delicacies during the summer.
🍕 Popular International Cuisine Asian options include Sushi & Wok in the city.

Culture and Attractions

🎟️ Must-See Landmarks Kopavogur Sculpture and Shore Walk is a must-see.
🏛️ Museums & Art Venues Kopavogur Art Museum showcases local artists.
🏰 Historical Sites The Old Town area shows historical Icelandic architecture.
🕍 Religious Sites Kopavogur Church, with its unique architecture.
🎉 Annual Events Kopavogur Culture Night celebrated each August.
🎨 Cultural Districts The waterfront area hosts a variety of cultural activities.
🎭 Theater Venues Kopavogur Theater hosts various performances.
🛍️ Local Markets Kopavogur Sunday market offers local goods.
🎼 Music Scene Local venues host live music events frequently.
🎨 Street Art Kopavogur features various murals and street artworks.
🧑‍🍳 Cooking Classes Icelandic Cooking School offers classes for locals and tourists.
👩‍🎨 Art Galleries Gallery Laxness showcases contemporary art.
🕰️ Historic Buildings Kopavogur's public library is a historic building worth visiting.
🏴 Local Heritage The local folk music represents Icelandic heritage through festivals.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Lake Ellidavatn offers scenic walking paths and birdwatching.
🏞️ National Parks Nearby Thingvellir National Park is about an hour away, a UNESCO site.
🚲 Cycling/Walking Paths Numerous paths along the coastline provide stunning views.
🌄 Scenic Viewpoints The cliffs at the outskirts provide great photography spots.
🦉 Birdwatching Locations Near Ellidavatn Lake, a variety of bird species can be spotted.
🔥 Bonfire-Friendly Spots Designated areas in local parks for bonfires and gatherings.

Other Services and Amenities

📦 Parcel Delivery Service Posturinn is the main postal service in Kopavogur.
🛠️ Tech Repair Services Kopavogur has various electronics shops offering repair services.
🏓 Table Tennis Spots Local community centers offer table tennis facilities.
🧑‍🏫 Language Classes Icelandic Language School through community programs.
📚 Libraries & Study Spots Kopavogur Public Library offers quiet study spaces.
🏘️ Community Centers Local centers host various community events and activities.
🕹️ Gaming Lounges Local cafes often host gaming nights and tournaments.
🎰 Casino & Gaming Halls Casinos are primarily located in Reykjavík.

Business

🏢 Studio Purchase Price (City Center) Approx. €3,000 per m² (e.g., 40 m² = €120,000).
🏢 Studio Purchase Price (Outside City) Approx. €2,500 per m² (e.g., 40 m² = €100,000).
🏠 1-Bedroom Purchase Price (City Center) Approx. €3,400 per m² (e.g., 60 m² = €204,000).
🏠 1-Bedroom Purchase Price (Outside City) Approx. €2,800 per m² (e.g., 60 m² = €168,000).
🏡 2-Bedroom Purchase Price (City Center) Approx. €3,200 per m² (e.g., 80 m² = €256,000).
🏡 2-Bedroom Purchase Price (Outside City) Approx. €2,300 per m² (e.g., 80 m² = €184,000).
💼 Corporate Tax 20%.
💵 Dividend Withholding Tax 22%.
🏦 Tax System Worldwide income basis for residents.
📈 Highest Income Tax Bracket 46.24%.
🧾 VAT 24% standard rate.
🌐 Controlled Foreign Company (CFC) Rules Yes, strict rules apply.
🏠 Property Tax Based on property valuation and can vary regionally.
🏠 Property Transaction Tax 1.5% on property sales.
💻 Attractive Tax System for Digital Nomads Generally favorable taxation for foreigners; 0% on foreign income for certain circumstances.

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