There are other reasons as well such as the way Iceland decided to ignore the IMF and default rather than go the Irish or Portuguese route when their economy blew up during the credit crunch.
Check out www.1984.is - I have a couple of .is domains registered through them and would consider their VPS service if I had something controversial to host.
Edit: forget to mention you don't need to be an Icelandic resident - registration is open to all.
There are other reasons as well such as the way Iceland decided to ignore the IMF and default rather than go the Irish or Portuguese route when their economy blew up during the credit crunch.
Check out www.1984.is - I have a couple of .is domains registered through them and would consider their VPS service if I had something controversial to host.
Edit: forget to mention you don't need to be an Icelandic resident - registration is open to all.