[Pmop]

Isn't Iceland inhabited by like 340k people? Maybe they're testing the waters or trying to limit how many people end up moving there.

Overall I agree. DNs would use Portugal's D7 to move in (in an exception of what the visa was originally intended to), but then Portugal introduced a DN visa which now requires a much higher income than what D7 requires, I think 4x times more than D7.

[EduardoBautista]

D7 was minimum wage, if I recall correctly, around 800 euros per month. I don't think 4x minimum wage is at all unreasonable if it makes the process smoother, since they make the D7 application process as horrible as possible.

I had an awful experience applying for D7, so I am now happily living in Dubai instead which has the best residency process I have seen for ANY country.

[MrDresden]

Iceland is in Schengen. Effectively the whole of Europe could move here tomorrow if they wanted. This is not due to immigration control.

[foldr]

It’s in the EEA, more to the point.