Business
Iceland wants to restart tourism – but only for the wealthy – The Australian Financial Review
The new visa regulations are likely to favour upper-class, Anglo travelers from the US, Canada, Australia, and New Zealand
Iceland isn’t the first place to lure the work-from-anywhere set with long-stay waivers. Bermuda, Barbados, the Cayman Islands, and Estonia have also used the strategy to garner foreign revenue during the tourism-depressed pandemic.
But Iceland’s pitch is unique in that it caters strictly to the wealthy (not that the destination was ever a budget option). Bermuda, for instance, requires little more than a $US263 application fee for those who want to swap their humdrum quarantine life for a temporary-ish…
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