Iceland vs Mexico
Side-by-side comparison of the digital nomad visa requirements, costs, and benefits for 2026.
Nomad Score
67/100
Very Good
63/100
Good
Min. Monthly Income
$7,200
$4,400
Initial Stay
6 months
12 months
Processing Time
30-90 days
10-30 days
Application Fee
$80
$56
Apply Online
No
No
Foreign Income Tax
Standard
None
Citizenship Path
Available
Available
Family Allowed
Yes
Yes
Choose Mexico if...
- Lower income requirement ($4,400/mo vs $7,200/mo)
- No tax on foreign income