Work in Iceland for a corporation based in Australia

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

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

  1. You must be a resident of Iceland.
  2. You must be a citizen of the country where the company is located.
  3. You must be able to provide a valid passport or other official document proving your citizenship.
  4. You must be able to provide a valid passport or other official document proving your residency.

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

Usually, it is feasible to get remote jobs in Australia even though you are located in Iceland. For that we recommend you to apply at the company’s local office.

Find remote work in Australia from home
As we have already mentioned, finding remote work in Australia is possible even if you are living in Iceland.
In this article we will help you to find remote work in Australia from home.

How to find remote work in Australia?
In order to find remote work in Australia, we recommend you to contact the company directly, as it is the best way to get hired.
When you are applying for a job in Australia, you will be asked to fill out an application form. It is a very important document which is used to filter out the applicants who are not qualified. In the application form, you will be asked to provide your contact details, your work experience, your skills and other information about yourself.
It is the best way to find remote work in Australia.
The best way to find remote work in Australia is to contact the company directly.
Usually, the company will be able to provide you with all the information you need to find remote work in Australia.

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

You can get paid in Iceland even if you are working for a company in Australia, however , you will need to pay taxes in Australia.

If you are a freelancer in Australia and you want to get paid in Iceland, you need to know how to do it.
This article will show you how to get paid in Iceland when working remotely for a corporation in Australia.
The first step is to set up an account in the Icelandic bank, Íslandsbanki.
Step 2:
Create a business account in the Icelandic bank, Íslandsbanki.
Step 3:
Apply for a business account in the Icelandic bank, Íslandsbanki.
Step 4:
Apply for a business account in the Australian bank, Westpac.
Step 5:
Get a bank account in Iceland.
Step 6:
Apply for a bank account in Iceland.
Step 7:
Apply for a bank account in Australia.
Step 8:
Get a bank account in Australia.

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 Australia, taxes might be tricky, therefore it is essential that you understand the rules and regulations for working in Iceland.

I have been working for a company based in Iceland for over a year now, and I have had to deal with a lot of tax issues. Therefore, I have compiled a list of tax issues that you might encounter when working in Iceland for a firm based in Australia.
Tax issues when working for a company in Iceland

  1. What is the tax rate in Iceland?
    The tax rate in Iceland is currently 20%, which is the same rate as Australia. However, the tax rate in Iceland is only applicable to those who earn a taxable income.
  2. What is the tax rate for foreign workers?
    The tax rate for foreign workers is currently 30%. This tax rate is only applicable to those who are working for a firm based in Iceland.
  3. What is the tax rate for self-employed people?
    The tax rate for self-employed people is currently 30%, which is the same rate as for foreign workers.
  4. What is the tax rate for people who work in Australia?
    The tax rate for people who work in Australia is currently 30%. This tax rate is only applicable to those who are working for a firm based in Australia.
  5. What is the tax rate for people who work in the US?
    The tax rate for people who work in the US is currently 30%.