Last Updated: Feb 2026

Barbados Visa vs Iceland

Side-by-side comparison of tax rules, income requirements, and visa difficulty.

CriteriaBarbadosIceland
Income$4,160/mo$7,800/mo
Savings OptionN/AN/A
Visa Fee$2,000$100
Processing1 week3-4 weeks
Validity1 year6 months
Cost TierHighUltra-High
Nomad Cost (est.)~$4,200/mo~$5,500/mo
1BR Rent~$1600~$1900
Internet90 Mbps150 Mbps
Pet Friendliness4/102/10
Tax trigger183 days180 days
Insurance requiredYesYes
Pet Catch (2026)Strict island rules.Almost impossible for a 6-month stay.

Travel Insurance Required

Barbados deep-diveIceland deep-dive