Buried in the FAQ, but pretty significant: > An applicant for a long-term visa needs to show proof of health insurance coverage of 2,000,000 ISK as a minimum p

Buried in the FAQ, but pretty significant: > An applicant for a long-term visa needs to show proof of health insurance coverage of 2,000,000 ISK as a minimum per person, which is 1) valid in Iceland | Schengen-area 2) valid for the duration of their stay in Iceland. If your insurance is not valid in Iceland, please see our Health Insurance page for a list of providers.