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๐Ÿ“ฐ NEWS ITEM

Iceland Increases Minimum Income Requirement for Residence Permits and Citizenship from May 2026

Effective May 18, 2026, Iceland's required monthly financial means for adults applying for a residence permit or citizenship rises from ISK 247,572 to ISK 259,951 pre-tax. The threshold for married couples increases from ISK 396,115 to ISK 415,922 per month.

๐Ÿ› Residency & citizenship Watch ๐Ÿ‡ฎ๐Ÿ‡ธ Iceland Erickson Immigration Group May 13, 2026
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Montenegro, Uruguay, and Andorra Raise Minimum Investment Thresholds for Residency Programs

Several countries have increased the minimum investment requirements for residence and citizenship by investment programs: Montenegro now requires a โ‚ฌ150,000 minimum tax value, Uruguay has raised its property investment threshold to $2 million, and Andorra now requires โ‚ฌ1 million plus fees. The increases are attributed to high application volumes and rule-bending by applicants.

US Supreme Court Strikes Down Executive Order Restricting Birthright Citizenship

On June 30, 2026, the US Supreme Court struck down President Trump's executive order that sought to restrict birthright citizenship, reaffirming that children born in the United States are citizens regardless of their parents' immigration status. The ruling upheld the Fourteenth Amendment's guarantee of citizenship to all persons born on US soil.

๐Ÿ› Residency & citizenship Important ๐Ÿ‡บ๐Ÿ‡ธ US Erickson Immigration Group 1 week ago 0 comments