Last Updated: Feb 2026

Portugal Visa vs Iceland

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

CriteriaPortugalIceland
Income$4,050/mo$7,800/mo
Savings Option€36,800 in a Portuguese accountN/A
Visa Fee$190$100
Processing3-5 months3-4 weeks
Validity2 years (renewable)6 months
Cost TierMedium-HighUltra-High
Nomad Cost (est.)~$3,200/mo~$5,500/mo
1BR Rent~$1400~$1900
Internet160 Mbps150 Mbps
Pet Friendliness9/102/10
Tax trigger183 days180 days
Insurance requiredYesYes
Pet Catch (2026)Portugal is incredibly pet-friendly; dogs are allowed on most outdoor restaurant patios and trains.Almost impossible for a 6-month stay.

Travel Insurance Required

Portugal deep-diveIceland deep-dive