Iceland REAL ESTATE MORTGAGE LOANS BANKS
Buy property in Iceland
Iceland ( “Land of Ice”) - a very interesting country. First, in Iceland has never lived the indigenous population, and all the modern Icelanders - are descendants of the ancient savage Norwegian Vikings. Secondly - in Iceland there is absolutely no railways. And in the third - Icelandic Reykjavik is the northernmost capital of the world. Well, and more in this fabulous country has a lot of Circumpolar shining ice and active volcanoes - also, incidentally, the most northerly in the world. In the ranking of the United Nations (Development Program), Iceland ranked third on the quality of life after Norway and Australia, and this figure is not extinguished, even came down on the world crisis - the places in this ranking does not change when it comes to highly developed countries. But the quality of life in the country involves not only the high income levels, but high costs - housing, food, heating (which is particularly true in Iceland!), Recreation, entertainment and so on. So for those who want to live in this country on their own accumulation of Russians, for example, there will be increasingly expensive. But accommodation can acquire not only for leisure but also for doing business in the local environment - and that’s suck another matter.

In addition to the circumpolar climate and high living standards, Iceland has some very compelling advantages, which negated all the minuses. In the first place - is very low, even a negligible level of crime. Secondly - a very high level of service, a widely developed network of services. And third - in Iceland does have a lot to see! Walkways here is not quite obhozhennye, but they are there, and slowly but surely developing. Fire-breathing volcanoes, valleys, geysers, beautiful waterfalls, crystal-clear lakes, majestic glaciers and sea walks around the island - even if only for the sake of all, there is a long time to settle down. If you have at least a tourist visa - you can already visit the country, and if you visit - you can buy here any type of property - apartment, house, building plot, and not having a residence permit in Iceland. You can open your business and buy property through that company, but keep in mind that home ownership is not grounds to obtain a residence permit, although it increases its chances - for example, if the activities of your company will benefit the Icelandic economy. In principle, in this scenario can dislodge and just long-term visa - is also a variant. And again: land in Iceland is not for sale to foreigners, but only rented. But this practice exists in many other countries, so that the upset was not worth it.

The procedure for purchase of housing is standard for almost all European countries. In Iceland, looking for a suitable realtor, and he has been pursuing this deal almost without your participation, except for those moments when you need to get your signature or a statement of registration and ownership in the cadastral records that you bought here. As in Iceland and in the head, no one would cheat his neighbor (in the country, even the door can not lock up - except for tourists there to be afraid of nobody), verification of securities on the purity of the transaction - complete the formality. Once you become the owner of the property, immediately begin to pay utility charges and property tax.

And more: to buy their first home in Iceland, any foreigner can get a bank loan without charge for loan processing, if the transaction amount will be equal to at least ISK 18 million (do not forget that Iceland is not part of EEC or the euro area, and the currency they have their own (1 euro equals approximately 181 ISK).