Last Updated: Feb 2026

Cayman Islands Visa vs Iceland

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

CriteriaCayman IslandsIceland
Income$8,333/mo$7,800/mo
Savings OptionN/AN/A
Visa Fee$1,469$100
Processing3-4 weeks3-4 weeks
Validity2 years6 months
Cost TierUltra-HighUltra-High
Nomad Cost (est.)~$6,800/mo~$5,500/mo
1BR Rent~$3200~$1900
Internet120 Mbps150 Mbps
Pet Friendliness4/102/10
Tax trigger183 days180 days
Insurance requiredYesYes
Pet Catch (2026)Highly regulated.Almost impossible for a 6-month stay.

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Cayman Islands deep-diveIceland deep-dive