Revolut Logo
Revolut Ultra offers premium banking with global perks like lounge access, data, subscriptions, and insurance, ideal for frequent travelers.

The ultimate nomad card.

Affiliate disclosure

Selfoss, Iceland 🇮🇸
#1545 ,

Nomad Score: 49%

Essentials

🏙️ City Selfoss is a town located in the South of Iceland, known for its natural beauty and proximity to the Golden Circle.
👥 Population Approximately 7,500 residents.
💻 Internet Speed Average internet speed of around 100 Mbps.
💸 Currency & Banking Icelandic Króna (ISK). 1 EUR ≈ 150 ISK.
🚰 Tap Water Drinkable; Icelandic tap water is among the purest in the world.
🔌 Power 230V, 50Hz, Type F sockets.
📶 SIM Card Available from Síminn and Vodafone. Plans starting at ISK 2,000 for 10GB.
💳 Banking for Expats Common banks include Landsbankinn and Arion Bank, which offer services for expatriates.
🛌 Accommodation Options include hotels, guesthouses, and Airbnb rentals, with prices ranging from ISK 15,000 to ISK 30,000 per night.
💳 Cashless Friendly Yes, cashless payments are widely accepted.
🏠 Short Term Rentals Airbnb and local guesthouses are popular for short-term rentals.
🛏️ Budget Accommodation Hostel Selfoss offers budget dormitory-style accommodation starting at ISK 5,000.
🏙️ Best Area to Stay for Tourists Stay near the town center for easy access to shops and restaurants.
🏙️ Best Area to Stay for Digital Nomads The residential areas near the main street provide a quiet environment suitable for work.

Working and Networking

🏢 Best Coworking Space Einar's Coworking is a popular spot featuring high-speed internet and meeting rooms.
Best Cafe for Work Café Tíu Dropar offers a cozy atmosphere with Wi-Fi and excellent coffee.
💼 Networking Events Monthly meetups at the Selfoss Community Center where locals and expats connect.
🥂 Social Events for Expats The Selfoss Expat Network hosts regular gatherings and community events online and in person.

Transportation

🚕 Best Taxi/Ride App Yego is the main ride-hailing app available in Selfoss.
🚲 Bike/Scooter Rental Bike rentals are available at the local tourism office during summer months.
🏖️ Best Beach Nearby Selfoss is 45 minutes from the popular black sand beaches of Vík.
✈️ Top Regional Airline Air Iceland Connect services flights from Reykjavik to regional destinations.
✈️ Top International Airline Icelandair operates flights to various international locations from Keflavík Airport.
🛣️ Highway Access Located along Route 1, the Ring Road that encircles the country.
🚉 Main Train/Transit Hub Selfoss does not have a train station; bus services connect to major cities.
🚍 Public Transport Passes Single bus tickets cost around ISK 1,500, but no monthly passes are available.
✈️ Regional Travel Buses run frequently between Selfoss and Reykjavik, with a travel time of about 1 hour.

Health and Wellness

🏥 Best Hospital Selfoss Hospital provides general services, while more specialized care is available in Reykjavik.
🧘 Yoga & Wellness Centers Yoga in Selfoss offers classes, workshops, and wellness activities.
🏋️ Gyms & Fitness Centers Landsmot Gym features modern equipment and fitness classes.
🧺 Laundry Services Selfoss laundromat provides coin-operated machines and drying services.

Food and Drink

📱 Best Food Delivery App Rúpul consists of several local restaurants, offering delivery services within Selfoss.
🍽️ Best Local Dish to Try Plokkfiskur (fish stew) is a must-try traditional Icelandic dish.
🍱 Vegan/Vegetarian Options Kaffi Krókur offers a good variety of vegetarian and vegan options.
🍫 Best Dessert Spots Lindin Bakery is known for their delicious pastries and cakes.
🛒 Affordable Shopping Spots Monthly farmer's market features local produce and handmade goods.
🛒 E-commerce/Online Store Many local shops have e-commerce options including local artisan goods.
🛒 Grocery Delivery Bonus offers a grocery delivery service through its website.
🍸 Bar/Nightlife Area Selfoss has a few pubs, including the popular Eyrin Pub.
🍻 Local Brewery Ölvisholt Brewery is nearby and offers tasting tours.
🍷 Wine Bars Vínber is a great spot for sampling local and international wines.
🍲 Street Food Stalls Street food options are limited, but some food trucks operate on weekends.
🍕 Popular International Cuisine Pizzeria Rómantík offers a variety of pizza and Italian dishes.

Culture and Attractions

🎟️ Must-See Landmarks Selfoss Church is a notable landmark with impressive architecture.
🏛️ Museums & Art Venues The South Iceland Heritage Museum showcases local history.
🏰 Historical Sites St. Paul’s Church is an important historical site in the area.
🕍 Religious Sites Selfoss Church is the main place of worship with beautiful stained glass.
🎉 Annual Events The Selfoss Music Festival occurs every summer, attracting local and international acts.
🎨 Cultural Districts The main street and waterfront area are bustling with shops and cafes.
🎭 Theater Venues Selfoss Theater hosts various performances and is well-loved by locals.
🛍️ Local Markets Every Saturday, the town hosts a market with local crafts and food.
🎼 Music Scene Local bars often host live music sessions featuring Icelandic artists.
🎨 Street Art Murals can be found throughout town, particularly on the community center.
🧑‍🍳 Cooking Classes Local chefs offer cooking classes focusing on traditional Icelandic cuisine.
👩‍🎨 Art Galleries The Art Gallery of Selfoss features local artists and exhibitions.
🕰️ Historic Buildings Old Selfoss Railway Station is a preserved structure from the early 20th century.
🏴 Local Heritage Selfoss has a rich agricultural heritage reflected in its local festivals.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Gullfoss waterfall and Geysir hot springs are within a short drive.
🏞️ National Parks Nearby Þingvellir National Park is approximately 45 minutes away.
🚲 Cycling/Walking Paths The Riverbanks Path is a scenic walking route along the Ölfusá River.
🌄 Scenic Viewpoints Sky Lagoon offers breathtaking views of the surrounding landscape.
🦉 Birdwatching Locations The wetlands around Selfoss are ideal for birdwatching, especially during spring.
🔥 Bonfire-Friendly Spots Several designated areas along the riverbanks allow bonfires.

Other Services and Amenities

📦 Parcel Delivery Service Iceland Post handles parcel delivery, including express shipping options.
🛠️ Tech Repair Services Local electronics shops provide repair services for smartphones and laptops.
🏓 Table Tennis Spots Community center provides ping pong tables for public use.
🧑‍🏫 Language Classes Language school offers beginner Icelandic classes for expats.
📚 Libraries & Study Spots Selfoss Library is quiet and offers study spaces and free Wi-Fi.
🏘️ Community Centers Selfoss Community Center hosts various activities and classes for residents.
🕹️ Gaming Lounges The local youth center has gaming consoles and hosts competitions.
🎰 Casino & Gaming Halls There are no casinos in Selfoss; however, nearby Reykjavik has options.

Business

🏢 Studio Purchase Price (City Center) Approx. ISK 400,000 per m² (e.g., 40 m² = ISK 16,000,000)
🏢 Studio Purchase Price (Outside City) Approx. ISK 300,000 per m² (e.g., 40 m² = ISK 12,000,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. ISK 350,000 per m² (e.g., 60 m² = ISK 21,000,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. ISK 280,000 per m² (e.g., 60 m² = ISK 16,800,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. ISK 320,000 per m² (e.g., 80 m² = ISK 25,600,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. ISK 250,000 per m² (e.g., 80 m² = ISK 20,000,000)
💼 Corporate Tax 20% corporate tax rate.
💵 Dividend Withholding Tax 22% on dividend distributions.
🏦 Tax System Iceland follows a progressive tax system based on worldwide income.
📈 Highest Income Tax Bracket 46.24% for high earners.
🧾 VAT Standard Value Added Tax is 24%.
🌐 Controlled Foreign Company (CFC) Rules Yes, strict rules are in place regarding foreign subsidiaries.
🏠 Property Tax Annual property tax is applicable at municipal discretion.
🏠 Property Transaction Tax 1.5% tax applies upon property purchases.
💻 Attractive Tax System for Digital Nomads No specific benefits, but foreign income is generally tax-exempt under certain conditions.

Feedback Thank You!

Thank you!

Your feedback has been submitted successfully.