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Posted on December 23 2024

Finland updates salary requirements for residence permits from Jan 2025. Check if you're eligible!

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By  Editor
Updated December 23 2024

Highlights: Finland revises salary requirements for residence permits from Jan 2025

  • Finland revised the salary threshold to obtain a Finland residence permit for foreign nationals.
  • This income criteria is only eligible for skilled workers, effective January 1, 2025.
  • Foreigner nationals who earn at least €1,600 per month can obtain a Finland residency permit.
  • The level of the income limit is only applicable for primary employment.

*Want to work in Finland? Talk to Y-Axis for complete guidance.
 

Reason to introduce the Income threshold for foreign nationals

The primary reason to introduce the income criteria is for foreign nationals to support themselves financially. This new rule will ensure they are paid enough to support themselves financially in the country. This new rule also supports the government's objective of increasing the number of full-time workers in Finland. The new rule is effective from January 1, 2025. According to a recent report by the Ministry of Economic Affairs and Economics, the income limit of €1,600 has a minor impact on labor availability nationally.
 

The income threshold will mainly affect skilled workers, including workers in other sectors such as agriculture, forestry, fisheries, and administration and support services.
 

*Want to migrate abroad? Sign Up with Y-Axis for complete immigration assistance!
 

Income Thresholds Higher for Specific Positions

To obtain a Finland Residency permit, there are different income requirements, which can vary from €1,030 to €3,638. Specialists must earn at least €3,638 to obtain a residency permit, whereas Seasonal workers must earn at least €1399.
 

The Finnish authority has also mentioned that the income threshold can vary depending on the location. Specific categories are excluded from the income requirements, such as those granted residency permits based on compassionate grounds in addition to asylum seekers, family members of Finnish citizens or former Finnish citizens, and quota refugees.
 

*Are you looking for step-by-step assistance for Finland Immigration? Talk to Y-Axis, the leading visa and immigration consultancy in UAE!
 

For recent immigration updates on EU countries, Check out Y-Axis Immigration News!

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