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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.