Moving to Faroe Islands
Visas and residency, citizenship, tax, company and banking, cost of living and the places to live in the Faroe Islands, in one place.
Northern EuropeThinking about moving to the Faroe Islands?
Here's how long you can stay, the ways to live there for good, what you'd pay in tax and what everyday life costs, each figure from an official source.
In this guide, I'll show you:
- How long you can stay, by passport
- How tax works, with the rates
- What it costs, and the internet and safety
- The basics: capital, currency and languages
Pick your passport at the top of the page, and the stay rule shows for you.
TL;DRKey takeaways
Faroe Islands at a glance
How long can you stay in the Faroe Islands?
It depends on the passport you hold.
For any other passport, pick yours at the top, or see every country on the visa-free countries map.
Tax in the Faroe Islands
The Faroe Islands taxes its tax residents on their income from anywhere.
See where it sits among every country on the territorial tax map.
The main rates:
- Lowest income tax band – 20%
- Corporate tax – 18%
Where you're a tax resident usually comes down to days.
Count yours with the 183-day rule calculator.
Company and banking
Compare the banks and cards that work for people abroad in the bank account finder.
Move money for less with the money transfer comparison.
Many people who live abroad run a US LLC instead; check yours with the US LLC for non-residents checker.
Cost of living in the Faroe Islands
Everyday prices in the Faroe Islands are about 94% of US prices.
That's the World Bank's price level for 2024: its purchasing power conversion factor divided by the exchange rate.
It's close to US prices, or above them.
Convert what things cost with the currency converter.
Internet in the Faroe Islands
In M-Lab's open speed tests across the Faroe Islands over the last 12 months, half came in above 180 Mbps download.
The fastest quarter of lines came in above 219 Mbps, closer to a good fiber connection (3,129 tests).
Test your own line when you arrive with my internet speed test.
Faroe Islands: the basics
| What | Faroe Islands |
|---|---|
| Capital | Torshavn |
| Currency | Danish krone (DKK) |
| Languages | Faroese, Danish |
| Population | about 48,497 |
From GeoNames' country data (CC BY 4.0).
More tools for the Faroe Islands
- Passport index and compare passports
- Time zone overlap calculator for calls with home
- eSIM finder for data when you land
- Card fees abroad calculator before you spend
Faroe Islands FAQs
It depends on your passport.
Pick yours at the top of the page to see the days, and whether you need a visa first.
Not that I've found in official sources as of 2026-09-29.
The digital nomad visa finder lists every country that has one.
The Faroe Islands taxes its tax residents on their income from anywhere.
Check the details with a tax adviser before you move.
Everyday prices are about 94% of US prices, by the World Bank's price level for 2024.
Rent in the biggest cities can be higher than that suggests.
Half of M-Lab's tests there came in above 180 Mbps download over the last 12 months.
The fastest quarter of lines passed 219 Mbps.
The Danish krone (DKK).
The main languages are Faroese and Danish.
Navid Moazzez
AI business strategist & AI OS builder
Navid Moazzez helps creators and founders master AI and build their own AI Operating System (AI OS) to automate their business and life.
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