Working in Iceland for a corporation in Lebanon

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

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

  1. Are you allowed to work remotely?
  2. Are you allowed to work in Iceland?
  3. Are you allowed to work in Lebanon?
  4. Are you allowed to work in Iceland and Lebanon?
  5. Are you allowed to work in Iceland and Lebanon for a company in Lebanon?
  6. Are you allowed to work in Iceland and Lebanon for a company in Iceland?
  7. Are you allowed to work in Lebanon and Iceland for a company in Lebanon?

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

Usually, it is feasible to get remote jobs in Lebanon even though you are located in Iceland. For that we have to find a way to get a Lebanon visa, which is not a problem, as we will explain below.

If you are not sure whether you will be able to get a Lebanon visa or not, you can check out the VisaHQ Lebanon Visa Application Service.
Lebanon Visa Application Service
We will help you to get a Lebanon visa in a few simple steps. You can apply for your Lebanon visa online. You will receive a visa approval email from us. You will have to print the visa approval email and take it to the Lebanese embassy in your home country. You will have to wait for about 2 weeks to get your visa.
You can get a Lebanon visa online with VisaHQ. You will pay $100 for the service.
The VisaHQ Lebanon Visa Application Service

How to get a Lebanon visa online with VisaHQ?
Step 1: Choose a visa type
If you are applying for a visa for the first time, you can choose from the following visa types:
Visa Type
Visa Type Description
Visa Type 1
This is the visa type you should choose if you are planning to stay in Lebanon for more than 6 months. You can stay in Lebanon for up to 6 months with this visa type.

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

You can get paid in Iceland even if you are working for a company in Lebanon, however , you need to make sure that you are eligible to do so.

The following is a guide on how to get paid in Iceland if you are working for a company in Lebanon.

  1. What is the minimum salary in Iceland?
    The minimum salary in Iceland is 5,000 ISK, which is equivalent to $450. This is the minimum salary that is required for you to be eligible to be paid in Iceland.
  2. Is there a tax in Iceland?
    Yes, there is a tax in Iceland. The tax rate is 25% of your income.
  3. How much does it cost to live in Iceland?
    The cost of living in Iceland is very low. You can live comfortably on a salary of 5,000 ISK.
  4. How much does it cost to live in Lebanon?
    The cost of living in Lebanon is very high. The cost of living in Lebanon is about $2,200 per month.
  5. How do I get paid in Iceland?
    You can get paid in Iceland through the following methods:
    a. By direct deposit
    b. By bank transfer
    c. By cheque

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 Lebanon, taxes might be tricky, therefore I’ve been thinking of moving to Iceland. But, I’m worried about how the tax system works.
Do I pay taxes in Iceland if I’m working remotely for a firm based in Lebanon?

Iceland is a member of the European Union, so you are subject to the same rules as all EU citizens. You need to file a tax return with the Icelandic Tax Administration (Vinnuforsýningar) and pay any taxes you owe.
The tax return is usually due in April. If you are self-employed, you can file the return online, otherwise you can get an accountant to do it for you.
The tax rates are as follows:
Basic Income Tax (BST) - 21%
Social Security Tax (SSS) - 5%
Social Insurance (SII) - 5%
The VAT rate is currently 18%, but it is set to drop to 5% in 2020.
If you are employed, you will also be subject to payroll tax (SST) of 6.8%.
You can find more information on the tax rates here.

I live in Iceland, and have been working remotely for a company in Lebanon for the past two years.
The tax situation is the same for everyone in Iceland.
You need to file a tax return, and pay taxes.