B2B consultancy
In Swapp Agency, we understand that in B2B, our customers seek to save time and money in their production process. Many companies don’t consider B2B actions and fail at expanding their business abroad. Iceland is a very particular market where expertise is crucial for foreign or local investment success. The country is very open, however, […]
Retail in Iceland
The economy of Iceland has grown more than 33% in the last 10 years. Consumer spending and retail in Iceland have kept the same or even faster pace. Foreign ownership of the business is welcome in Iceland, with few exceptions regarding fishery and energy production. It is very easy to establish a business in Iceland, […]
Icelandic currency
Iceland is one of the few countries located in Europe that is not part of the European Union. Moreover, Iceland it has its own central bank and currency, the Icelandic Króna. This uniqueness brings Iceland the advantages and disadvantages of having its own monetary policy. For example, while the country is capable of devaluing the […]
Bitcoin in Iceland – Mining, trading and the future
Iceland is a country of striking beauty. Its people are renowned for being friendly, quirky and creative, but they are also incredibly resilient. Their innate ability to overcome the most impossible odds and not only survive but also thrive is worth noting. How do Icelanders approach bitcoin in Iceland? Since early settlers arrived on this […]
Iceland financial market
Why You Should Invest in Iceland Financial Markets and a Brief History Iceland has not always been associated with economic prosperity; in fact, it’s been quite the opposite for many years. Iceland’s economy successfully survived a sovereign bankruptcy as well as a government collapse. Despite these economic pitfalls, a rebound fueled by extensive tourism could […]
Buy Property in Iceland
Buy property in Iceland The beautiful island nation of Iceland is so enchanting that you end up wanting to stay. You may have a number of questions such as how do you purchase property in Iceland? Can foreigners buy property in Iceland? And so much more. The prospect of purchasing property in a foreign country […]
Doing Business in Iceland
Why Savvy Investors Are Doing Business in Iceland Iceland is an extremely beautiful country with a multitude of diverse landscapes, and it is often thought of as a vacation destination. But Iceland has much more to offer than its scenic beauty. Iceland has been renowned for its economic advancements, stability and technological innovations. It has […]
Employer of Record in Iceland
One positive thing to come out of recent times is the realisation that you are no longer limited to just one pool of potential hires as an employer. Gone are the days where your employee catchment area is dictated by the geographical location in which your business is based. You can now look for the […]
Hospitality in Iceland – Lucrative opportunities for investors
How Tourism is Fueling Iceland’s Economic Growth Tourism in Iceland is driven mainly by American tourists and accounts for the largest generator of hard currency and export growth in Iceland. Iceland experienced double digit growth numbers for the last few years, however tourism growth has reached a sustainable level recently, an advantage for investors. With […]
Startups in Iceland
One of the effects that the economic crisis had on Icelanders when the unemployment rate increased to 9% was evoking the entrepreneurial spirit. Fortunately, through this difficult period of time, many used it as an opportunity to tap their creative sides with original ideas, which, in return, have nurtured the growth of the country’s startup […]