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Head to head

Grenada vs Iceland: the digital nomad visas compared

Partially verified Last verified June 15, 2026 Reviewed by Henry van de Vorming

The short version

  • Grenada has the lower entry bar: €2,660 per month versus €6,935 for Iceland.
  • Grenada grants a longer initial stay (12 months vs 6), and it is renewable.
  • Tax treatment differs: Grenada — foreign income exempt; Iceland — unclear — verify individually. Tax outcomes depend heavily on personal circumstances.
Side-by-side comparison of the Grenada Remote-Work Permit and the Iceland Remote Work Long-Term Visa.
Criteria Grenada Remote-Work Permit Iceland Remote Work Long-Term Visa
Minimum income / month €2,660 (better) €6,935
Income basis Salary / employment contract Salary / employment contract
Initial duration 1 year (better) 6 months
Renewable Yes (better) No
Maximum total stay No fixed limit 6 months
Path to permanent residence No No
Path to citizenship No No
Family inclusion Yes Yes
Working for local clients Not allowed Not allowed
Tax treatment Foreign income exempt (Remote Employment Act tax exemption (s.9) + statutory non-residence (s.10)) Unclear — verify individually
Health insurance Required (explicit) Required (explicit)
Insurance duration required Full visa period Full visa period
Application fee ≈ €1,292 ≈ €85 (better)
Where to apply Embassy / consulate, Online In country
Processing time 2–4 weeks 2–4 weeks

Green values mark the objectively better number in that row.

Full guide

Grenada Remote-Work Permit →

Requirements, application steps, insurance and sources.

Full guide

Iceland Remote Work Long-Term Visa →

Requirements, application steps, insurance and sources.

Don't forget insurance

Both programs have their own health-insurance rules — we match plans against each one's published requirement, with the evidence shown.

Insurance for Grenada → Insurance for Iceland →

Sources