Iceland is in Schengen, so foreigners living in a country which is also a member have the ability to move to Iceland and settle here. So foreigners are welcome

Iceland is in Schengen, so foreigners living in a country which is also a member have the ability to move to Iceland and settle here. So foreigners are welcome here. So much so that 14% of all residents are foreign and that does obviously not count those who have received citizenship.