Work in Kyrgyzstan for a company in Iceland

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

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

  1. Is there a visa requirement?
  2. Is there a company in Iceland that is willing to sponsor a visa?
  3. Is there a company in Kyrgyzstan that is willing to sponsor a visa?

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

Usually, it is feasible to get remote jobs in Iceland even though you are located in Kyrgyzstan. For that we will show you how to find remote work in Iceland while living in Kyrgyzstan.

Iceland is a country in the North Atlantic Ocean, located between the Arctic Circle and the Atlantic Ocean. It is the northernmost country in the European Union. It is also the world’s northernmost sovereign state. The capital of Iceland is Reykjavik, and the population is approximately 332,000.
Kyrgyzstan is a country in Central Asia. It is located in the East of the Caspian Sea, and is bordered by Kazakhstan, China, Tajikistan, Uzbekistan, Turkmenistan, and Afghanistan. The capital of Kyrgyzstan is Bishkek. The population is approximately 5.5 million.
Iceland is a very small country with a population of only 332,000. It is a country with a very low population density, and the country has only one major city, Reykjavik.
Kyrgyzstan is a country with a population of approximately 5.5 million people. It is a country with a very high population density. The capital of Kyrgyzstan is Bishkek, and there are many other major cities.
Iceland is a country with a population of only 332,000 people. It is a country with a very low population density. The country has only one major city, Reykjavik.

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

You can get paid in Kyrgyzstan even if you are working for a company in Iceland, however , you need to be careful.

The first thing you need to know is that Kyrgyzstan is a tax haven and a low tax jurisdiction. The second thing you need to know is that the government in Kyrgyzstan is corrupt and the only way to get paid in Kyrgyzstan is to pay a bribe.
So, if you are working remotely for a company in Iceland, you need to be careful. You need to make sure that the company you are working for in Iceland is not a tax shelter, that you are not paying a bribe to get paid in Kyrgyzstan, and that the company you are working for in Iceland is not a company that is registered in Kyrgyzstan.

What is a tax shelter?
A tax shelter is a company that is registered in a low tax jurisdiction such as a tax haven, and that is not registered in the country where the company is located.
A tax shelter is not a bad thing, but it is not good either. The reason why a company is registered in a low tax jurisdiction is because it is easier to pay less tax. A tax shelter is a bad thing because it is a tax avoidance scheme.

What is a tax avoidance scheme?
A tax avoidance scheme is a way to get paid in a low tax jurisdiction, such as a tax haven, and avoid paying tax in the country where the company is located.

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

When working remotely in Kyrgyzstan for a firm based in Iceland, taxes might be tricky, therefore , it’s very important to have a good understanding of what’s happening.

If you are working remotely in Kyrgyzstan, you will be charged for your social security and insurance, and your health insurance.
However, you are not liable for paying taxes in Kyrgyzstan if you work remotely for a company based in Kyrgyzstan.
If you are working remotely for a company based in Kyrgyzstan, you are not liable for paying taxes in Kyrgyzstan.