Moving to Iceland from Monaco

moving to

What to Expect

Everything you need to know before relocating from Monaco to Iceland — costs, safety, healthcare, and practical first steps.

If you moved from Monaco to Iceland, and you’d need to navigate life in Icelandic.

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Who Else Is Making This Move?

How many people actually move from Monaco to Iceland, based on official data.

Living there in 2015
1

people born in Monaco live in Iceland · UN DESA

Who's moving to Iceland?

Top countries of origin for Iceland's foreign-born residents.

Foreign-born population · UN DESA (2020)

Key Indicator Comparison

Key indicators for anyone considering a move from Monaco to Iceland.

Is it safe?

Homicide rate United Nations SDG Indicators, 2022

per 100,000 people per year

MC
0.0
IS
1.1
Road traffic deaths United Nations SDG Indicators, 2021

per 100,000 people per year

MC
0.0
IS
2.4

Monaco performs better than Iceland across all safety metrics.

How's the healthcare?

Healthcare spending per person World Bank, 2024

annual government + private spending per person

MC
$9,797
IS
$6,927
Doctors per 10,000 people United Nations SDG Indicators, 2022

affects wait times and access to care

MC
88.9
IS
45.2

Iceland generally does better on health & wellbeing, though Monaco leads in doctors per 10,000 people.

Will I have good infrastructure?

Broadband per 100 people United Nations SDG Indicators, 2022

fixed broadband subscriptions — key for remote work

MC
59.0
IS
38.2
Internet access The World Factbook, 2021

share of households with internet

MC
86.0%
IS
100.0%

Monaco generally does better on infrastructure, though Iceland leads in internet access.

What are the job prospects?

Unemployment rate The World Factbook, 2023

percentage of the labour force without work

MC
2.0%
IS
3.6%
GDP per capita The World Factbook, 2023

a broad measure of economic output per person

MC
$115,700
IS
$66,500

Monaco performs better than Iceland across all employment & economy metrics.

Is it good for families?

Life expectancy The World Factbook, 2022

average years of life at birth

MC
89.5 yrs
IS
83.6 yrs
Infant mortality The World Factbook, 2022

deaths per 1,000 live births — lower is better

MC
1.8
IS
1.6

Iceland generally does better on family life, though Monaco leads in life expectancy.

Data: The World Factbook, United Nations SDG Indicators, World Bank

Visitor Visa Requirements

Short-stay tourist visa rules between Monaco and Iceland. To live, work, or study long-term in Iceland, you'll need a separate residence or work visa — check Iceland's immigration authority.

Monaco passport

Monaco passport holder visiting Iceland

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

Iceland passport holder visiting Monaco

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

Data: Henley Passport Index. Check with the destination country's embassy for the most current requirements.

Frequently Asked Questions

Can I work remotely from Iceland?

Internet is rarely the blocker — Iceland has 38.2 fixed broadband subscriptions per 100 people. The real questions are legal: digital nomad visa eligibility, your employer's overseas-work policy, and tax residency in both countries.

Is Iceland safe for expats?

Monaco performs better than Iceland across all safety metrics. The homicide rate in Iceland is 1.1 per 100,000 people, compared to 0.0 in Monaco.

How is healthcare in Iceland compared to Monaco?

Iceland generally does better on health & wellbeing, though Monaco leads in doctors per 10,000 people. There are 45.2 doctors per 10,000 people in Iceland, compared to 88.9 in Monaco. Iceland scores 89 on the WHO universal health coverage index (Monaco: 86).

What language do they speak in Iceland?

The official language in Iceland is Icelandic. In Monaco, the official language is French.

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At a Glance

MC IS
Population 31,400 357,603
Currency Euro (€) Icelandic Króna (ISK)
Languages French Icelandic
Driving side Right Right
Calling code +377 +354
Time zones 1 1
Emergency number 112