Nomad Watch
IS

Long-Term Visa for Remote Workers

Active Exempt Schengen

Iceland · Langtímadvalarvegabref fyrir fjarvinnu · Formal dn visa · apply online · processing 15–28 days

Minimum income $8,130/month $97,560/year
Stay 6 months
Application fee $99 plus $87 per dependent
Tax 0.0% Exempt

Overview

Country
Iceland
Visa name
Long-Term Visa for Remote Workers
Local name
Langtímadvalarvegabref fyrir fjarvinnu
Program type
Formal dn visa
Status
Active
Initial duration
6 months
Max duration
6 months
Income requirement
$8,130/month ($97,560/year)
Application fee
$99
Tax status
Exempt

Requirements

  • Health insurance required
  • Criminal record check not required
  • Proof of accommodation required
  • Proof of employment or clients required
  • University degree not required

What you can do

  • Work for local companies
  • Freelancers eligible
  • Employees eligible
  • Work permit included no
  • Bring dependents
  • Multiple entry
  • Travel in Schengen
  • Open a local bank account no

Family and dependents

Dependents allowed
Yes
Extra income per dependent
$2,440/mo
Dependent fee
$87

Tax

Tax status
Exempt
Tax rate
0.0%
Foreign income taxed
No
Tax residency trigger
183 days

How to apply

Application method
online
Processing time
15–28 days
Can apply in-country
No
Multiple entry
Yes
Schengen access
Yes
Can open bank account
No

Notes

Only available to nationals who are exempt from Schengen visa requirements (cannot apply if your passport requires a Schengen visa). Stay limited to 90-180 days. Very high income requirement: ISK 1,000,000/mo (~USD 8,130). With spouse/partner: ISK 1,300,000/mo. Not a residence permit; does not grant access to Icelandic healthcare or social security. Cannot participate in Icelandic labor market. Iceland is EFTA/Schengen member, not EU.

Source