Moving to Iceland from Taiwan
What to Expect
A comprehensive look at what changes when you move from Taiwan to Iceland — from daily expenses to quality of life.
If you moved from Taiwan to Iceland, you would find that Iceland is 2.6 times more expensive than Taiwan overall. A NT$2,430,982 salary in Taiwan would need to be roughly ISK22,067,622 in Iceland to maintain the same lifestyle, and you’d need to navigate life in Icelandic.
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How your spending power changes when you relocate from Taiwan to Iceland.
What does your salary buy?
NT$2,430,982 → ISK22,067,622
To maintain the same standard of living in Iceland
Calculate with your salary →The biggest cost differences at a glance
Restaurants
pay 4.2 times more
Groceries
pay 50.0% more
Transportation
pay 2.3 times more
Housing
pay 4.3 times more
Childcare
pay 24.3% more
Entertainment and Sports
pay 2.9 times more
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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Who Else Is Making This Move?
Real numbers on people moving from Taiwan to Iceland, and how the trend has changed.
Who's moving to Iceland?
Top countries of origin for Iceland's foreign-born residents.
- 21,102
- 3,918
- 3,171
- 2,604
- 2,357
- 2,284
Key Indicator Comparison
How Taiwan and Iceland stack up on safety, healthcare, jobs, and infrastructure.
Will I have good infrastructure?
share of households with internet
Iceland performs significantly 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
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 significantly better than Taiwan across all family life metrics.
Data: Taxation Administration, Ministry of Finance, R.O.C., The World Factbook
Visitor Visa Requirements
Short-stay tourist visa rules between Taiwan 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.
Taiwan passport holder visiting Iceland
Visa Free
Iceland passport holder visiting Taiwan
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 Iceland than Taiwan?
Day-to-day costs in Iceland run about 135% higher than Taiwan on average; specific cities can swing further.
How much money do I need to move to Iceland?
A safe rule of thumb is 3 months of local expenses plus relocation costs. On a NT$2,430,982 comparable salary, that's around ISK5,516,906 in Iceland for everyday spending, before flights, shipping, a rental deposit, and visa fees.
Can I work remotely from Iceland?
Working remotely from Iceland's major cities is generally feasible. The legal layer matters more — visa category, employer policy on overseas employees, and tax residency in Taiwan and Iceland.
What language do they speak in Iceland?
The official language in Iceland is Icelandic. In Taiwan, the official language is Chinese.