Police have issued a notice to apartment owners who wish to offer short-term rentals to tourists, RÚV reports.
People who utilise sites like airbnb.com to rent their apartments without paying taxes must apply for a license from the Icelandic Tourist Board as well their local health authority. According to the law, police can intervene without notice on any property renting to tourists without a license.
A recent article on Viðskiptablaðið revealed that there are as many as 600 apartment rentals available in Iceland from airbnb.com, whose owners most likely do not have licenses. Furthermore, it was speculated upon that unemployed young people were renting these out. Because they’ll do anything for a buck, right?
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