Live in Iceland while having a job in Austria
Can I work remotely for a company in Austria while being in Iceland?
It is usually doable, but we recommand to check the following key points first:
- You need to be physically present in Austria for at least one day per month, and in Iceland for at least two days per month.
- You need to have a work contract in Austria, and your contract needs to be valid.
- You need to be a full time employee in Austria.
- You need to be a full time employee in Iceland.
- You need to have a valid residence permit in Austria.
- You need to have a valid residence permit in Iceland.
What are the pros and cons of working for a company in Austria?
Pros:
- Austrian companies are often willing to hire remote workers, and the local laws are often more flexible.
- You can work for a company in Austria without being a local, which means you can get paid more.
- You can work for a company in Austria without having to deal with visa issues.
Cons: - It is more difficult to get a work contract in Austria, and you will need to be able to work in Austria for at least two days per month.
- You might have to deal with visa issues, and you might not be able to work for a company in Austria if you don’t have a residence permit.
- You might not be able to work for a company in Austria if you don’t have a work contract.
How to live in Iceland and find remote work in Austria?
Finding remote work in Austria if you are located in Iceland might be difficult, therefore we recommend you to check out our guide on how to work remotely in Iceland.
We are a team of two entrepreneurs from Iceland, who decided to move to Austria to find remote work. We were looking for a place to live and work, and we found a beautiful house in Austria, where we live today.
We are living in a small town called Fuschl am See, which is located in the Austrian Alps.
We are living in a small town called Fuschl am See, which is located in the Austrian Alps. The house we live in is located in a small village called Hinterdorf, which is located in the Austrian Alps.
We live in a small town called Fuschl am See, which is located in the Austrian Alps.
How a company in Austria can send my salary in Iceland?
When working remotely for a corporation in Austria, you salary can be send to Iceland but it will not be in your bank account. This is how the Austrian company pays the salary of the employee who is working in Iceland.
The company in Austria will ask for a form from the Icelandic company that is the company that has the employee working in Iceland. The Austrian company will send the form to the Icelandic company. The Icelandic company will send the form to the employee. The employee must fill in the form. The form will be sent to the Austrian company. The employee will receive the form. The employee will send the form to the Austrian company. The employee will fill in the form and send the form to the Austrian company.
Where to pay my taxes when working remotely in Iceland for a company in Austria?
If you are working remotely in Iceland for a corporation established in Austria, taxes could seem complicated but in fact they are not that difficult to understand and apply.
First of all, we need to understand the differences between a company and a person working for a company. For a person, there are two ways of paying taxes:
Self-employed
Employee
You can find more information about each of these here.
There are several differences between these two, the main one being the tax rate:
Self-employed: The self-employed pay the same tax rate as the employee but the difference is that they pay the tax on their profits themselves. The rate is 40%
Employee: The employee has to pay the tax on their salary and also the tax on their profits. The rate is 30%
Another difference is that the employer pays the social security contribution on behalf of the employee.
Working remotely in Iceland for a company in Austria
If you are working remotely in Iceland for a corporation established in Austria, taxes are very similar to the case of working in Austria for a company established in Iceland. The only difference is that you are not taxed on your salary but on your profits.
The amount of your salary is taxed as it is but the amount of your profits is taxed at a lower rate.
The rate is 30% for your salary and 10% for your profits.
