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One in Five "Foreign Experts" Is Icelandic
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364 Icelandic citizens have been approved as foreign experts in Iceland since 2017 and have received tax deductions as such. This is stated in the Minister of Finance's response to a question from Sæunn Gísladóttir, deputy member of parliament for the Social Democratic Party. The aim of the regulation on deductions from the income of foreign experts is to attract foreign experts to Iceland and make it easier for companies to bring experts here s…
Just over one in five foreign experts who have benefited from special tax benefits based on a 2017 regulation are Icelandic citizens who moved back to Iceland after a stay abroad.
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