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Immigration News Alert

Iceland: New Minimum Fund Requirements

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. Envoy Global is not a law firm, and does not provide legal advice. If you would like guidance on how this information may impact your particular situation and you are a client of the U.S. Law Firm, consult your attorney. If you are not a client of the U.S. Law Firm working with Envoy, consult another qualified professional. This website does not create an attorney-client relationship with the U.S. Law Firm. 

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