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Investing in Iceland

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:

  1.  An Icelandic ID number.  Lexista will apply for such a number on behalf of the client.
  2.  In case of an individual a photocopy of his/her passport is required.
  3.  In case of a legal entity a certificate of incorporation from relevant authorities in the home country is required.
  4.  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