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Iceland

Comprehensive data

Europe — Expat guide for moving and living abroad

Overview

Capital

Reykjavik

Currency

ISK

Continent

Europe

Entry requirements

Check if your passport needs a visa for Iceland.

Check visa requirements

Popular passport access to Iceland

Passport Status Max Stay
Austria Visa Free
Belgium Visa Free
Bulgaria Visa Free
Croatia Visa Free
Cyprus Visa Free
Czechia Visa Free
Denmark Visa Free
Estonia Visa Free
Finland Visa Free
France Visa Free

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Monthly costs

Reykjavik

Rent (center)

2,000 USD/mo

Groceries

550 USD/mo

Transport

80 USD/mo

Est. Monthly Total

2,830 USD/mo

Compare cost of living in Reykjavik

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Work Permits

  • Work Permit (Non-EEA)

    Duration: 1 year, renewable

    Employer-sponsored, quota system

Explore all work permit options for Iceland

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Salary & Tax

Income Tax Range

31% – 46%

Social Security (Employee)

0.04%

Combined state and municipal rates. EEA member.

Calculate your net salary

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Useful Services

Wise

Manage money in ISK with low fees and the real exchange rate.

Open a Wise account

World Nomads

Travel and health insurance for your move to Iceland.

Get a quote