State-subsidized mortgages [hlutdeildarlán in Icelandic] are a special type of loan which the Housing and Construction Authority provides to people buying their first properties, or to people whose...
READ MOREIt’s not surprising that people have a hard time understanding the difference between these two terms used for monthly repayments of a mortgage, equal amortization (jafnar greiðslur in Icelandic) and...
READ MOREWhen you go on holiday you want to relax and leave your worries and cares at home. Careful planning is the key to a stress-free holiday, but this doesn’t mean that everything must be set in stone.
READ MOREAlthough a private limited company, or einkahlutafélag in Icelandic, is the most common type of company in Iceland, it’s far from being the only one.
READ MOREStarting a new business is easier than you think. The most difficult thing is actually creating a unique selling point for your company and ensuring its business viability.
READ MORECreating a bank account at Arion bank is very simple. The only requirement is that you have an Icelandic registry number – kennitala. If you do not have one already, you can apply for one at the...
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