Effective May 18, 2026, the reference amount required for an adult to be granted a residence permit or citizenship will be raised from ISK 247,572 to ISK 259,951 per month. The amount for married couples will be raised from ISK 396,115 to ISK 415,922 per month.
The amounts, which refer to pre-tax income, correspond with the financial support criteria of the City of Reykjavík.
The new reference amounts apply for applications received as of May 18, 2026.
Erickson Insights and Analysis
Erickson Immigration Group will continue monitoring developments and sharing updates as more news is available. Please contact your employer or EIG attorney if you have questions about anything we’re reporting above or if you have case-specific questions.