Last Updated: Feb 2026

Latvia Visa vs Iceland

Side-by-side comparison of tax rules, income requirements, and visa difficulty.

CriteriaLatviaIceland
Income$4,200/mo$7,800/mo
Savings OptionN/AN/A
Visa Fee$65$100
Processing15 days3-4 weeks
Validity1 year (renewable to 2)6 months
Cost TierMediumUltra-High
Nomad Cost (est.)~$1,900/mo~$5,500/mo
1BR Rent~$650~$1900
Internet110 Mbps150 Mbps
Pet Friendliness7/102/10
Tax trigger183 days180 days
Insurance requiredYesYes
Pet Catch (2026)Standard EU rules.Almost impossible for a 6-month stay.

Travel Insurance Required

Latvia deep-diveIceland deep-dive