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WHY: The recent world economic turmoil has hit Iceland hard. “Shooting in Iceland today is an outstanding option since our currency is so weak that producers are getting much more value for their money,” says Icelandic film commissioner Einar Tomasson with a soupcon of black humor.

While Iceland and Norway offer tax incentives, Sweden, Finland and Denmark do not. The Icelandic government, following a successful six-year run offering a 12% rebate on production costs spent there, last year extended the program and upped the reimbursement to 14%.

Iceland is a small country, with a terrific and efficient infrastructure, and getting permits and permissions to shoot is a simple process. Crew members, like most of the locals, are fluent in English.

Norway, like Iceland, offers diverse locations, and the country is working hard to lure foreign shoots. Country offers a 15% rebate to foreign productions shooting in Norway, with conditions: There has to be at least one day of shooting in Norway, a Norwegian co-producer has to be attached to each project, and, while regional film funds can be used, funds from the Norwegian Film Institute cannot.

BONUS: Iceland’s economic turmoil, English-speaking crews and diverse geography make it a bargain right now.

SHOT THERE: “Stardust” (Iceland), “The Golden Compass” (Norway), “The Bonded Parallels” (Norway)

LINKS:

Icelandic Film Center: icelandicfilmcentre.is

Film in Iceland: film-in-iceland.com

Assn. of Icelandic Film Producers: producers.is

Norwegian Film Commission: norwegianfilm. com

Norwegian Film Service: film-service.no