What Jobs Are In Demand In Iceland?

What is the minimum wage in Iceland?

335,000 per monthMinimum wages for full-time work will be: 01 April 2019 ISK 317,000 per month.

01 April 2020 ISK 335,000 per month.

01 January 2021 ISK 351,000 per month..

Is it expensive to live in Iceland?

According to data derived from Numbeo.com, Iceland is the world’s 4th most expensive country to live. The costs of living in Iceland, including groceries, transportation, restaurants and utilities, are, according to the infographic, 2.14% higher than in New York. …

How much is a pizza in Iceland?

A pizza usually goes for around 3,000 ISK—virtually the same price as a meal at a nice restaurant. The best way to save a buck while eating out in Reykjavík is to take advantage of lunch hours, when numerous inner-city restaurants offer reduced prices or two-for-one deals on selected dishes.

What is the highest paying job in Iceland?

Highest Paying Jobs in Energy1Operations Manager(1,430,000 ISK)2Geophysicist(1,140,000 ISK)3Engineering Geologist(1,120,000 ISK)4Exploration Manager(1,090,000 ISK)5Energy Dispatch Director(1,080,000 ISK)6Geothermal Production Manager(1,050,000 ISK)7Mining Project Manager(1,040,000 ISK)More items…

How can a foreigner get a job in Iceland?

Expats who are not citizens of EU/EEA countries have to apply for a work and residence permit in order to work in Iceland. The best bet for most expats is to apply for a permit based on professional qualifications.

Are there jobs in Iceland?

Reykjavik City Mostly jobs for caretakers, kindergartens, working with disabled people or pensioners, teachers, special education, paramedics, and the like. Mostly in Icelandic. Starfatorg Advertisements for doctors, teachers, and administrative staff in the public sector, and more. Mostly in Icelandic.

What is the most common job in Iceland?

The country welcomed nearly two million tourists in 2019 – six times its population of just 330,000….The country’s major industries include:aluminium smelting.fish processing.geothermal power.hydropower.medical/pharmaceutical products.tourism.

What should you avoid in Iceland?

What NOT to Do in Iceland: Tourist Traps and Stuff to AvoidDon’t do things just because everyone else is doing it. … Don’t assume that everything you’ll do in Iceland will be expensive. … Don’t tip. … Don’t buy bottled water. … Don’t expect that you can see everything during your stay. … Don’t get speeding tickets! … Don’t forget your sleeping mask. … Don’t buy super-expensive memorabilia.More items…•

Is there poverty in Iceland?

Poverty headcount ratio at $5.50 a day is the percentage of the population living on less than $5.50 a day at 2011 international prices. Iceland poverty rate for 2015 was 0.10%, a 0% increase from 2014. … Iceland poverty rate for 2014 was 0.10%, a 0% increase from 2013.

What is the average salary in Iceland?

The average income increased by 6.7% since 2016, while the median income increased slightly more, or 7.1% year-over-year. According to Statistics Iceland the average monthly income of Icelanders was 534,000 ISK (5,030 USD/4,290 EUR) in 2017, while the median income was 416,000 ISK (3,910 USD/3,340 EUR).

What is a good salary in Iceland?

Currently, average wages in the country are of roughly 410,000 ISK net per month. Notice that the average salary in Iceland figures are net, while the minimum wage mentioned above is gross. The average salary of 410,000 ISK per month (approximately 3300 USD) puts Iceland’s figures among the highest salaries in Europe.

How much is rent in Iceland?

The average rent for a one-bedroom apartment in Reykjavík is ISK 130,000 (USD 990, EUR 920) per month.

How hard is it to immigrate to Iceland?

If you are not a citizen of the EEA/EPTA, immigrating to Iceland is more challenging, but it’s worth the time and effort required. You can become a citizen of Iceland in one of three ways: … Attend a university in Iceland. Students are granted a residence permit and sometimes a limited work permit.

How is Iceland so rich?

Iceland is the world’s largest electricity producer per capita. The presence of abundant electrical power due to Iceland’s geothermal and hydroelectric energy sources has led to the growth of the manufacturing sector.

How do I get a job in Iceland?

Citizens of full member countries to the EFTA and EEA can live and work in Iceland for three months without the need for a visa or work permit. After three months, an individual must register their legal domicile and apply for a tax card.

Are guns illegal in Iceland?

Owning a handgun, for example, can take around three to four years, and semi-automatic rifles are all but banned.

There are only 320,000 people who live in Iceland, and most are descended from a small clan of Celtic and Viking settlers. Thus, many Icelanders are distant (or close) relatives. Sometimes too close.