From Iceland — Icelanders Still Big On Moving To Norway

Icelanders Still Big On Moving To Norway

Published August 30, 2011

Thousands of Icelanders are still moving to Norway, with no sign of the traffic letting up.
After the bank collapse of autumn 2008, many Icelanders opted to move overseas in the hopes of a better income for themselves and their families. Scandinavia was a popular destination, as was the UK.
Although there have been solid indications of an economic recovery, Icelanders are still moving to Norway at the same rate as they were in 2009, Morgunblaðið reports.
About 3,000 Icelanders moved to Norway in 2009 and 2010, and 700 moved there in the first six months of 2011 alone. At the same time, only one in three Icelanders who moved to Norway have since returned.
By contrast, most of those Icelanders who moved to Denmark in the wake of the financial crisis have returned.

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