Last Updated: Feb 2026

Bermuda Visa vs Iceland

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

CriteriaBermudaIceland
Income$0 (Remote)$7,800/mo
Savings OptionProof of 'substantial' meansN/A
Visa Fee$263$100
Processing5 days3-4 weeks
Validity1 year6 months
Cost TierUltra-HighUltra-High
Nomad Cost (est.)~$7,500/mo~$5,500/mo
1BR Rent~$3800~$1900
Internet110 Mbps150 Mbps
Pet Friendliness3/102/10
Tax trigger183 days180 days
Insurance requiredYesYes
Pet Catch (2026)Bermuda is very strict.Almost impossible for a 6-month stay.

Travel Insurance Required

Bermuda deep-diveIceland deep-dive