Iceland to start tax visitors to stem tourist flow in 2017

  • Travel Dejavu
    Travel Dejavu
    March 20, 2017 at 7:22 pm #8684

    One of the world’s hottest and most expensive holiday destinations could soon become a little more expensive.

    Acurrency plunge and its location for scenes featuring in the popular TV series “Game of Thrones“ helped create a tourism boom, with visitors’ numbers growing exponentially from 490,000 in 2010 to an estimated 2.3 million this year.That’s a lot, considering Iceland’s population totals less than 340,000. Tourism is now the country’s main export, bringing in a forecast 45% of foreign exchange -or 560 billion kronur ($5.1 billion) -in 2017, according to Islandsbanki, the country’s second-largest lender.

    Source : Bloomberg

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