Iceland´s positive business environment, low tax rates and efficient infrastructure make the country an ideal candidate for an international finance center according to a new report compiled for the Prime Minister by a team of experts. The team recommended a number of measures and government officials hope that the Parliament will finish the legislative reforms before summer.

Iceland Stock Exchange will become part of an integrated Nordic and Baltic securities market and participate in establishing the OMX Nordic Exchange as a leading European marketplace by the end of this year. This decision has raised the profile of the Icelandic market and the opportunities available to foreign investors.

Iceland scores 9.6 out of 10 on the Transparency International´s Corruption Perceptions Index 2006 and keeps its top positions third year running.

United Nation´s Human Development Index confirms Iceland´s status as one of the best places in the world to live, ranking Iceland´s achievements in terms of educational attainment, life expectancy and adjusted real income number 2 of 177 countries indexed.

The Invest in Iceland Agency has re-opened the Agency´s website after thorough re-design. The navigation and structure has been simplified to make the new web site easier to use. We apologize for the lack of update and news while the construction work was in progress but it is our firm belief that the new website will offer investors and others interested in Iceland and the Icelandic economy, a much better service. The Agency´s team is also open for all suggestions to further improve our services. Please contact us.