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 45.0% cheaper than Iceland overall. A ISK9,423,000 salary in Iceland would need to be roughly NT$1,026,155 in Taiwan to maintain the same lifestyle, and you’d need to navigate life in Chinese.
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How your spending power changes when you relocate from Iceland to Taiwan.
What does your salary buy?
ISK9,423,000 → NT$1,026,155
To maintain the same standard of living in Taiwan
Calculate with your salary →The biggest cost differences at a glance
Restaurants
pay 75.4% less
Groceries
pay 17.0% less
Transportation
pay 52.4% less
Housing
pay 64.7% less
Childcare
pay 4.8% more
Entertainment and Sports
pay 57.6% 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.
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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
a broad measure of economic output per person
the highest marginal rate on personal income
share of people below the poverty line
Iceland generally does better on employment & economy, though Taiwan leads in top income tax 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.
Data: Directorate of Internal Revenue, The World Factbook
Visitor Visa Requirements
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 57% 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 ISK9,423,000 comparable salary, that's around NT$256,539 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.