Blog

Banks in Iceland – Their novel approaches

The banking sector of Iceland has been widely studied throughout the last decades. Unlike the rest of the world, after the last financial crisis of 2008, Icelandic banks were not bailed out by the state or any other public entity. In that time, banks were 10 times the GDP of Iceland and 20 times the state budget. They were just

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Talent in Iceland

Remote working has never been more important and broader across the globe. Due to Covid-19, the need for professional freelancers and top talent in Iceland was made a trend. Iceland stands-out internationally as a leading provider of an educated workforce. The workforce in Reykjavik Capital Area is well educated with 41% of the inhabitants achieving a university degree. In addition,

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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, companies must understand how locals

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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, which was listed as a

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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 Icelandic currency to gain competitivity,

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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.  Since early settlers arrived on this volcanic rock in the middle of the Atlantic Ocean, they’ve fought an

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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 be stimulating the economy once

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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 may seem intimidating, but there

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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 consistently been regarded as one

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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 best employee globally, which can

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ABOUT SWAPP AGENCY

Swapp Agency is an innovative recruitment firm in Reykjavik that focuses on helping people find jobs and companies to fill their openings in Iceland.

Swapp offers a range of services to their clients in operational supports.

Contact us

Vinnuskipti ehf

General: info@swappagency.com
Job inquires: job@swappagency.com

Phone: 00354 – 5195570

Kennitala: 6206171800
Vasknúmer: 128557