Key Points
- Iceland introduced new minimum fund requirements for applicants for residence permits and citizenship
Overview
The government of Iceland will increase the proof of funds requirements for applicants for residence permits and citizenship applications on 15 February 2024. As a result, applicants must provide proof of holding at least ISK 239,895 per month or ISK 383,832 per month of applicants with accompanying spouses.
Looking Ahead
Continue to check the government of Iceland’s website and Envoy’s website for the latest updates and information.
Content in this publication is for informational purposes only and not intended as legal advice, nor should it be relied on as such. For additional information on the issues discussed, consult an attorney at Corporate Immigration Partners, P.C., or another qualified professional of your choosing. On non-U.S. immigration issues, consult your Envoy representative, or another qualified representative of your choosing.