IcelandUpdate November 2026: Iceland has no dedicated investor visa or golden visa programme.
Icleand is a schengen member state (not in the EU). Iceland has high quality life and competitive fast growing economy. The Government provides various incentives for setting up businesses and trade. Iceland is a mixed economy with major industries like fisheries, ship building, manufacturing and services sector. The country is rated as having one of the world’s highest levels of economic freedom. Iceland has member of WTO, OECD and EFTA. Iceland has green and sustainable energy competitively priced. Iceland has free trade with China.
Investment Name
Foreign direct investment
Minimum Investment
€200,000 (no limit)
Qualifying Investments
Iceland has friendly business laws open to investments in key sectors such as:
- Data centers (IT)
- Chemicals
- Life sciences
- Green energy
- Fishing
- Real estate
- Tourism
- Manufacturing
Visa type
C business visa / D long term business visa / Temporary residence permit
Processing time
1 month
Permanent residency
After 4 years of legal residence
Iceland Citizenship
After 5 years of legally living.
Dual nationality
Allowed
Residence program
No investor residence program.
Citizenship program
No citizenship by investment. Naturalisation after 7 years of legal residence.
Dual citizenship
Allowed
Citizenship
After 7 years of residence
Permanent residency
After 4 years
Processing time
Varies. Contact us for current timing.
Last reviewed November 2026. Programme rules change often, so confirm details with us before investing.