Recent news
Latest items of recent news relevant to Iceland as reported in our fortnightly newswire ‘Dernières nouvelles’.
Iceland: Average working hours (2023)
In 2023, the total hours worked were on average 32 …
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Iceland: New minimum living standard thresholds for residence permit and citizenship applications
The minimum required incomes for individuals aged 18 and over has been increased to ISK 217,799 (US$1,556) per month, up from ISK 212,694 per month …
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Iceland: Improved immigration rights for certain foreign nationals
Workers entering the country under the “Expert Knowledge” category may now obtain a permit for four, rather than two years …
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Iceland: EU Membership no longer a distant prospect
Although none of the principal political parties are expressing any significant interest in European Union (EU) Membership, the war in Ukraine is changing public sentiment …
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Iceland: Digital application for paid parental leave
It is now possible for employees to apply for paid parental allowance digitally through the website of the Directorate of Labour (Ísland …
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Iceland: Union head questions why top gov’t officials get percentage pay rises beyond general agreement
Negotiations will be underway this Autumn on new national agreements, with the government and national banks urging unions not to play catch up with price inflation …
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Iceland: New mobility scheme with the United Kingdom
UK nationals may now apply for Working Holiday residence permits in Iceland and Icelandic nationals are eligible to apply for Youth Mobility Scheme visas in the UK …
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Iceland: Women 34.1% of board members of medium and large companies (2020)
The proportion of women on company boards in enterprises employing 50 or more persons has risen from just 9 …
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Iceland: Minimum wages for a full-time work for the private sector (2021-22)
Under the latest collective agreement between the Confederation of Icelandic Enterprises (SA) and the major union Efling, the new gross minimum wage has been set at 351,000 ISK (US$2,716 …
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Iceland: Long-term visa for remote workers
This is by far the coldest place to join the “digital nomad” club …
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Iceland: Inflation still on the rise
Consumer prices rose by 0 …
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Iceland: Pay deal between Akranes union and Norðurál aluminium smelter
After 10 months of negotiations, an agreement has finally been reached between the Norðurál aluminium smelter and Akranes trade union …
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Iceland: Changes to parental leave law proposed
A Bill before the Althing (national Parliament) would considerably extend parental leave …
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Iceland: Major layoffs expected at Icelandair
The latest airline to find itself in severe financial difficulties is Icelandair …
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Iceland: Guidance document for frontline service staff
The government has issued (in English) a simple, but very useful, set of guidelines for employers, including special directions for frontline service employees …
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