United States Department of State

Iceland United States Department of State

There is broad recognition within the Icelandic government that foreign direct investment (FDI) will be a key contributor to the country's economic revival after the 2008 financial collapse. Iceland's growing tourism sector is expected to supply ample investment opportunities, but much work remains to identify investment-ready projects. Meanwhile, IT startups seeking investors are burgeoning, and foreign investors have expressed growing interest in Iceland's retail sector. Foreign investment in the fisheries sector however, remains restricted especially when it comes to investing in fishing companies that possess transferable quotas. As part of its investment promotion strategy, the government operates an agency by the name of Invest in Iceland that facilitates foreign investment by providing information to potential investors.