Moving to Taiwan from Iceland

moving to

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 Far Will Your Money Go?

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

See full cost of living breakdown
Exchange rate: 1 ISK = 0.2556 TWD (July 2026)

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?

Internet access The World Factbook, 2021

share of households with internet

IS
100.0%
TW
90.0%

Iceland performs better than Taiwan across all infrastructure metrics.

What are the job prospects?

Unemployment rate The World Factbook, 2023

percentage of the labour force without work

IS
3.6%
TW
3.7%
GDP per capita The World Factbook, 2023

a broad measure of economic output per person

IS
$66,500
TW
$47,800

Iceland generally does better on employment & economy, though Taiwan leads in top income tax rate.

Is it good for families?

Life expectancy The World Factbook, 2022

average years of life at birth

IS
83.6 yrs
TW
81.2 yrs
Infant mortality The World Factbook, 2022

deaths per 1,000 live births — lower is better

IS
1.6
TW
4.0

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

Iceland passport holder visiting Taiwan

Visa Free
Iceland passport holders can enter Taiwan without a visa.
Taiwan passport

Taiwan passport holder visiting Iceland

Visa Free
Taiwan passport holders can enter Iceland without a visa.

Data: 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.

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At a Glance

IS TW
Population 357,603 23,580,712
Currency Icelandic Króna (ISK) New Taiwan Dollar (NT$)
Languages Icelandic Chinese
Driving side Right Right
Calling code +354 +886
Time zones 1 1
Emergency number 112 110