At a Glance

Visa Duration
Processing Time
Min Income
€1,800/monthly
Path to PR
No
Difficulty
3/10 — Moderate

Eligibility Requirements

RequirementDetails
Age Range18–30
Job Offer RequiredNo
Sponsorship RequiredNo
Health Insurance RequiredYes
Passport RestrictionsRestricted to: AD, CA, CL, JP, GB

Financial Requirements

ItemAmount
Minimum Income€1,800/monthly

Family & Rights

RightDetails
Path to Permanent ResidencyNo

Related Pathways

Cost of Living

Reykjavik
Single (monthly)€2,638
Family (monthly)€4,760
Rent 1BR (center)€1,700
Groceries€816
Transport pass€68
Kópavogur
Single (monthly)€2,298
Family (monthly)€4,148
Rent 1BR (center)€1,360
Groceries€816
Transport pass€68
Akureyri
Single (monthly)€2,482
Family (monthly)€3,720
Rent 1BR (center)€1,564
Groceries€816
Transport pass€48

Frequently Asked Questions

What is the Residence permit for Working Holiday / Youth Mobility?

The Residence permit for Working Holiday / Youth Mobility is an immigration pathway offered by Iceland. It falls under the Skilled Worker Visa category.

What are the financial requirements for the Residence permit for Working Holiday / Youth Mobility?

Applicants need minimum income of €1,800/monthly. Additional costs may include relocation expenses, insurance, and document attestation.

Can the Residence permit for Working Holiday / Youth Mobility lead to permanent residency?

No — this is a temporary pathway and does not itself lead to permanent residence. Holders often switch to a different route to pursue settlement.

Are there alternative pathways to Iceland?

Yes. Iceland offers 3 other immigration pathways. Compare all options on our Iceland country page.

What is the cost of living in Iceland?

Monthly costs for a single person in city center: Reykjavik: €2,638/month; Kópavogur: €2,298/month; Akureyri: €2,482/month. These include rent, groceries, transport, and utilities.

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Official source

Requirements on this page are based on this official/primary source: