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Europe › Iceland

Hofdborgarsvaedi

Population

240,882

Price per m²

$4,410

Cost of Living

$3,638

Unemployment

2.8%

Iceland Housing Market

Historical national price trends, index 2015 = 100

About Hofdborgarsvaedi

Lifestyle and Atmosphere

The Hofdborgarsvaedi region in Iceland offers a lifestyle deeply connected to nature and a slower pace of life compared to Reykjavik. The atmosphere is generally tranquil and peaceful, with a strong sense of community in smaller towns and villages. The landscape is dramatic and varied, encompassing glaciers, volcanoes, and geothermal areas. Summers are relatively short but offer long daylight hours, while winters are long and dark, with frequent snow and ice. The population is relatively sparse, leading to a less crowded and more isolated environment.

Food Culture

Traditional food in Hofdborgarsvaedi emphasizes simple, hearty dishes utilizing locally sourced ingredients. Seafood, particularly fish and shellfish, plays a significant role. Lamb is also a staple, often prepared in traditional ways. Dairy products, including skyr (a type of yogurt), are widely consumed. The region's long winters have influenced food preservation techniques, with smoked and cured meats being common.

Notable Features

The Hofdborgarsvaedi region is characterized by its dramatic landscapes, including glaciers, volcanoes, and geothermal areas. The area is known for its natural beauty and opportunities for outdoor recreation. Several smaller towns and villages offer a glimpse into traditional Icelandic life. The region's relative isolation has helped to preserve its unique cultural heritage.

Climate

Monthly precipitation and temperature patterns

Precipitation by Month

Sunshine Hours by Month

Annual Precipitation

843.3 mm

Sunshine Hours

1326.2 hours annually

Climate Category

Very Cold Climate

Taxes

Personal Income Tax
53.5%
Corporate Tax
25%
Capital Gains Tax
0%
Dividend Tax
30%
Crypto Tax
0%

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Visa & Citizenship

Citizenship

Medium Residency (6-8 years)

Passport Strength

Very Strong

Jus Soli

No Ius Soli

Jus Sanguinis

Yes, Parents Only

Outdoor Activities

Outdoor activities are central to life in Hofdborgarsvaedi. Hiking, trekking, and glacier walking are popular in the summer months. Winter offers opportunities for snowmobiling, ice climbing, and exploring ice caves. The region's geothermal areas provide opportunities for relaxing in hot springs.

Cultural Life

The cultural life of Hofdborgarsvaedi is deeply rooted in Icelandic traditions and history. Traditional crafts, music, and storytelling are preserved and celebrated. Museums and cultural centers showcase the region's heritage. Several festivals throughout the year celebrate local traditions and attract visitors from across Iceland.



Major Cities & Towns

1

Reykjavík

136,894 residents
Population Share 56.8%
2

Kópavogur

39,335 residents
Population Share 16.3%
3

Hafnarfjörður

30,616 residents
Population Share 12.7%
4

Garðabær

19,088 residents
Population Share 7.9%
5

Mosfellsbær

13,403 residents
Population Share 5.6%

Demographics

Median Age 36.7 years
Population Density 223 people/km²
Foreign-born Population 18.3%

Age Distribution

0-14 15-24 25-44 45-64 65+

Lifestyle Factors

Air Quality

Very High

Healthcare

Very High

Safety

Low

Pet Friendliness

38.38

Tourism Pressure

High

Internet Speed (Download Mbps)

239.8 Mbps

Legal Framework

Same-Sex Marriage Full rights
Child Adoption Allowed
IVF Legal
Abortion 22 weeks
Surrogacy Allowed but Not Commercially (Altruistic)
Cannabis Illegal

Education & Childcare

Education

Education Quality Very High
ECEC Category Very Low
English Language Skills Very High

Accessibility

Distance to Coast within 30 min
Distance to Ski Resort more than 3h
Distance to Major Airport more than 3h

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