Economics
Iceland Plans to Shut the Door on Chinese Investors, Again
- Government under pressure to tighten land ownership laws
- Foreign interest growing amid surging tourism and house prices
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Chinese investors are eager to jump on Iceland’s tourism gravy train. Trouble is, the locals aren’t that welcoming.
With the North Atlantic nation fully reintegrated into the international community, its center-right government is now looking to tighten a law that limits foreign ownership of Icelandic land.