After the financial crisis hit Iceland the best investment opportunities in Iceland, in the opinion of the Lexista team, are bank accounts.
All non-resident clients interested in bank accounts in Iceland will be presented to a commercial bank of their choice by Lexista.
The following conditions must be met:
- An Icelandic ID number. Lexista will apply for such a number on behalf of the client.
- In case of an individual a photocopy of his/her passport is required.
- In case of a legal entity a certificate of incorporation from relevant authorities in the home country is required.
- The client needs to come to Iceland for the opening of the bank account to complete the necessary paper-work and to fill out a document regarding non money laundering activities.
The exchange rate for the Icelandic króna is very favourable to other currencies at the moment