Work in Iceland for a corporation based in Israel

By Mark 19 May 2022

Can I live in Iceland and work remotely for a company in Israel?

Yes, it is possible, however we usually recommend double-checking the following points:

  1. If you are going to work in Iceland, you need to apply for an Icelandic work permit.
  2. If you are going to work in Israel, you need to apply for an Israeli work permit.
  3. You need to have a work permit from both countries, so you need to apply for a double work permit.
  4. If you are going to work in Iceland, you need to be an EU citizen.
  5. If you are going to work in Israel, you need to be an EEA citizen.
  6. You need to have a valid passport, because you will need to travel between the two countries.
  7. You need to have a bank account in Iceland, because you will need to transfer money to and from your bank account in Israel.
  8. You need to have a bank account in Israel, because you will need to transfer money to and from your bank account in Iceland.
  9. You need to have a valid visa to enter Iceland.
  10. You need to have a valid visa to enter Israel.
  11. You need to have a valid visa to enter both countries.

How to find remote work in Israel while living in Iceland?

Usually, it is feasible to get remote jobs in Israel even though you are located in Iceland. For that we have to take into consideration that Israel is a small country and it is easier to find a job in Israel than in Iceland. For example, if you are a native English speaker, you can work in Israel as a translator. In the other hand, if you are a native English speaker, you will have a hard time getting a job in Iceland.

How to find remote work in Iceland? Usually, it is feasible to get remote jobs in Iceland even though you are located in Iceland.
Usually, it is feasible to get remote jobs in Israel even though you are located in Iceland.

How to get paid in Iceland when working remotely for a corporation in Israel?

You can get paid in Iceland even if you are working for a company in Israel, however , you need to make sure that you are following the rules.

The rules are a bit different in Iceland than in other countries. For example, you need to pay taxes in Iceland, even if you are working for a company in Israel. The taxes are paid by the company, not by you.
You can get paid in Iceland even if you are working for a company in Israel, however, you need to make sure that you are following the rules.

How do taxes work in Iceland if I’m working remotely for a company Iceland?

When working remotely in Iceland for a firm based in Israel, taxes might be tricky, therefore we have compiled a list of the most important things you need to know.

If you are a freelancer or work remotely for a company based in Iceland, you might be wondering how taxes work in Iceland if you are working remotely for a company based in Israel.
If you are an employer in Iceland, you might be wondering how to calculate the social security tax for your employees who are working remotely in Iceland.
This article will help you with the most important things you need to know.
The Icelandic tax system is based on the income tax system, where the income is divided into several categories. The main categories are:
Salary:
Salary is the income that you receive from your employer. This includes your wages and any other income you receive from your employer.
This is the income that you need to declare in your tax return.
Income from self-employment:
Income from self-employment is income that you earn from your own business. This includes your income from renting your own business.
Income from other sources:
Income from other sources is income that you earn from other sources. This includes income from investments, property, pensions and other sources.