In the UK we're on 240v and people who import PC's simply buy a transformer and some cabling.
The transformer steps down the voltage so the PC gets 110v.
If you're in Iceland you might want to look at a machine made by Biltema (not sure if they are in Iceland but they are in Denmark/Sweden/Norway which is kind of close) that is very similar to a Cyclo polisher and costs around $30 and runs directly off 220v.