Moving to Taiwan from Iceland
What to Expect
A comprehensive look at what changes when you move from Iceland to Taiwan — from daily expenses to quality of life.
If you moved from Iceland to Taiwan, you would find that Taiwan is 63.2% cheaper than Iceland overall. A ISK9,100,000 salary in Iceland would need to be roughly NT$897,000 in Taiwan to maintain the same lifestyle, and you’d need to navigate life in Chinese.
Planning this move? Get up to 5 free, no-obligation quotes from vetted international movers. Get free quotes ↓Is Taiwan cheaper than Iceland?
The biggest cost differences at a glance
Restaurants
pay 81.1% less
Groceries
pay 24.0% less
Transportation
pay 50.4% less
Housing
pay 77.2% less
Childcare
pay 36.2% less
Entertainment and Sports
pay 62.5% less
Data: MyLifeElsewhere's crowdsourced cost of living database, with prices submitted and updated by users worldwide. Exchange rates are refreshed regularly from public sources.
What salary do you need in Taiwan?
What does your salary buy?
ISK9,100,000 → NT$897,000
To maintain the same standard of living in Taiwan
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Key Indicator Comparison
How Iceland and Taiwan stack up on safety, healthcare, jobs, and infrastructure.
Will I have good infrastructure?
share of households with internet
Iceland performs better than Taiwan across all infrastructure metrics.
What are the job prospects?
percentage of the labour force without work
the highest marginal rate on personal income
share of people below the poverty line
Taiwan generally does better on employment & economy, though Iceland leads in unemployment rate.
Is it good for families?
average years of life at birth
deaths per 1,000 live births — lower is better
Iceland performs better than Taiwan across all family life metrics.
Sources: World Bank (2017–2025), The World Factbook (2012–2022), Directorate of Internal Revenue (2016), Taxation Administration, Ministry of Finance, R.O.C. (2016). How we calculate this
Can you move from Iceland to Taiwan?
Short-stay tourist visa rules between Iceland and Taiwan. To live, work, or study long-term in Taiwan, you'll need a separate residence or work visa — check Taiwan's immigration authority.
Iceland passport holder visiting Taiwan
Visa Free
Taiwan passport holder visiting Iceland
Visa FreeData: Henley Passport Index. Check with the destination country's embassy for the most current requirements.
Frequently Asked Questions
Is it cheaper to live in Taiwan than Iceland?
Generally yes: Taiwan runs about 63% cheaper than Iceland on average, though it depends heavily on the city.
How much money do I need to move to Taiwan?
A safe rule of thumb is 3 months of local expenses plus relocation costs. On a ISK9,100,000 comparable salary, that's around NT$224,250 in Taiwan for everyday spending, before flights, shipping, a rental deposit, and visa fees.
Can I work remotely from Taiwan?
Working remotely from Taiwan's major cities is generally feasible. The legal layer matters more — visa category, employer policy on overseas employees, and tax residency in Iceland and Taiwan.
What language do they speak in Taiwan?
The official language in Taiwan is Chinese. In Iceland, the official language is Icelandic.
