The Northern Lights (Aurora Borealis) and the hot springs are the biggest draw to living to Iceland. Exploring the snow in winter and hiking and scuba diving in the summer, the contrasting seasons open it up to all sorts of outdoor. English is widely spoken and, for digital nomads, there’s no income tax to pay.
Iceland has a lot of space as it’s the least densely populated country in Europe, with 345,000 residents living in an area of 40,000 square, according to Lotus Car Rental. It consistently ranks highly in the World Happiness Report and the Global Peace Index too. However, it has the fifth-highest living expenses in the world. It costs around £1,400 a month to rent a one-bedroom house in an average neighbourhood. However, childcare costs are 4.6 times lower than they are in the UK.
Iceland has a great start-up culture to boot. It ranked fourth place in the World Economic Forum’s World Talent Ranking 2020. It’s judged on investment in home-grown talent and appeal to overseas talent along with the quality of available skills.
Name of visa: Long-term visa for remote work
Length of stay: Six months
Can I extend my stay? No – you can re-apply after 12 months
- Passport, valid for three more months after your visa expires
- Iceland digital nomad visa application form
- Proof of visa payment amount of €88 (ISK 12,200) (£77.47)
- One passport-sized photo – cannot be older than six months and must follow the Schengen visa photo requirements
- Health insurance for the entire length of your stay in Iceland.
- A letter from your employer proving that you will be working remotely for a foreign employer or performing self-employed work
- Clean criminal record
Minimum salary: €7,300 per year (£6,427)
How to apply: Via postage to the Directorate of Immigration in Kópavogur, or in person