Last Updated: Feb 2026

Iceland Visa vs Bulgaria

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

CriteriaIcelandBulgaria
Income$7,800/mo$2,000/mo
Savings OptionN/A$10,000 balance
Visa Fee$100$100
Processing3-4 weeks1-2 months
Validity6 months1 year
Cost TierUltra-HighLow
Nomad Cost (est.)~$5,500/mo~$1,500/mo
1BR Rent~$1900~$480
Internet150 Mbps100 Mbps
Pet Friendliness2/107/10
Tax trigger180 days183 days
Insurance requiredYesYes
Pet Catch (2026)Almost impossible for a 6-month stay.Standard EU rules.

Travel Insurance Required

Iceland deep-diveBulgaria deep-dive