Archive for January, 2006

January 31, 2006

Reached Reykjavik

Reached Reykjavik safely with all our bags. The temperature is 38F, grey and rainy! I am not complaining just reporting. Another piece of factoid, I am the ONLY Bala in Iceland. You will be able to search in any of the databases and find me with only my first name. Pretty cool!

We have been looking at houses to buy, the market is kind of weird. Almost all houses list for twice the appraised value… another indication of imperfect market. A typical 2000 square feet house costs about $600,000 to $800,000. It is crazy! I am not sure how people can afford to buy in this market! Never-the-less we are being brave and starting our search for our home in Iceland. For the time being we are staying at a basement apartment of my in-laws… it is cozy and large enough to house me, my wife and daughter!

January 22, 2006

Big Adventure in 2006

Happy (Belated) New Year. We are moving to Iceland! the biggest migration in my brief history. I have accepted a position with Iceland Bank and my last day with Capgemini will be January 27, 2006. It is going to be exciting time for me and my family, however I feel it is going to be very difficult for me given that I don’t speak the language.

My daughter is probably going to have a blast given the close proximity of all the relatives and grand parents. I am planning to take evening class to learn Icelandic (one of the hardest languages to read and write). My wife is looking into employment with Deloitte (her former company here in Houston) but we will see what happens when we get to Iceland.

Some really interesting facts about the move:

  • The cost to move my cars is as much as a brand new car here in the US
  • Cost of living in Reykjavik is one of the highest in the world ranked 8 in 2004 next only to London and Zurich
  • Iceland reached 300,000 in population on January 9, 2006
  • Iceland is the first country to try to kick the bad oil dependency and pollution from it
  • I am excited and eager to take on this new challenge, keep on the look out for more news about our move! Reykjavik, here I come!


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