Finland implements new residence permit rules from Nov 1, 2024

Highlights: New rules for Finland Residence Permit effective from November 01, 2024

• Finland has introduced updates for the minimum income requirements for residence permit applicants.
• The income requirement will be based on the residence permit type and the location of the applicant.
• Specialists willing to obtain a Finland work permit must earn at least €3,638 every month.
• The Income threshold for seasonal workers has been set at €1,399 per month.

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New Income Requirements for Finland Residence Permit Applicants

The government of Finland has recently updated the minimum income criteria for Finland's residence permits. The income criteria will differ for residence permit applicants depending on the type of permit applied for and the location where the candidate will reside.

According to Schengen News Reports, the income requirement will also differ on the basis of the status of the immigrant and the immigration program they have come through such as family reunification, employment purposes and international protection. The updated income requirements are effective from November 01, 2024.

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Details of the new income requirements in Finland

The table below provides details of the income requirement for Finland Residence permit applicants based on their immigrant status:

Type of applicant	Minimum Income requirement (per month)
Specialists	€ 3,638
Seasonal Workers	€ 1,399
Start-up entrepreneur	€1,210- €1,030

Note: The income requirements will vary based on the area of residence chosen by the applicant.

 

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