Finland Updates Residency Permit Rules: Key Changes for Immigrants

Finland has announced updates to its minimum income requirements for residence permit applicants, effective from November 1, 2024.

These changes will impact various types of residence permits, with specific criteria set depending on the permit type and applicant’s location. Below is a detailed breakdown of what applicants need to know.

New Minimum Income Requirements for Residence Permits

From November 1, 2024, anyone applying for a Finnish residence permit must meet updated minimum income thresholds. The Finnish government has adjusted these figures based on data from the Social Insurance Institution of Finland and other official sources. The requirements vary depending on the nature of the permit and the applicant’s circumstances.

General Financial Criteria for Residence Permits

To be eligible for a residence permit in Finland, applicants must demonstrate sufficient financial resources, often called the “income threshold.” This means you must have enough money to support yourself while living in Finland. Each type of permit has its specific income requirements, which the Finnish Immigration Service outlines.

Work-Based Residence Permit Income Requirements

For those seeking work-based residence permits, the salary requirements have been adjusted upwards. The exact amount depends on the specific role and industry.

• General Workers: A gross monthly salary of at least €1,399 is now required.
• Specialists: The minimum gross monthly salary is set at €3,638.

Specialists and applicants for the EU Blue Card must meet a higher threshold of €3,638 per month. This ensures that those in specialized roles or applying for the Blue Card have earnings that reflect their positions’ demands.

Also Read: VFS Global to Provide Finland Visa and Residence Permit Services in 32 Countries

Regional Variations in Income Thresholds

The income requirements also differ depending on where you plan to live in Finland, taking into account regional housing costs. Finland has categorized regions into three groups with specific income thresholds:

• Helsinki Metropolitan Area (Espoo, Helsinki, Kauniainen, Vantaa)
  • Monthly: €1,210 (net)
  • Annually: €14,520 (net)
• Other Large Municipalities (e.g., Jyväskylä, Oulu, Tampere, Turku)
  • Monthly: €1,090 (net)
  • Annually: €12,360 (net)
• Other Municipalities
  • Monthly: €1,030 (net)
  • Annually: €13,080 (net)

These regional thresholds help ensure that applicants can afford living expenses based on the cost of living in different parts of the country.

Income Requirements for Students

For international students seeking residence permits, the income requirement is set at €800 per month. This threshold considers the lower costs of student housing, subsidized meals, and discounts typically available to students.

This same figure applies to students who have graduated and are seeking work or starting a business, as well as researchers.

Also Read: Finland Fast-Tracks Work Permit Processing Amid Skilled Labour Shortages

Specific Income Thresholds for Other Permit Types

• Au Pairs: The required pocket money for au pairs is €340 per month.
• Working Holiday Permits: Applicants need €2,450 for the first three months of stay to cover initial expenses.

Stricter Application Rules Starting September 2024

In addition to the updated income thresholds, Finland has introduced stricter rules for residence permit applications. From September 1, 2024, applicants must generally apply for their first residence permit outside of Finland. Applying within Finland could result in a rejection of first-time permits.

Impact on Future Applicants

These new rules are designed to streamline the residency application process and ensure that all applicants have the financial stability required to live in Finland. Prospective applicants should closely review the updated requirements before submitting their applications to avoid any potential rejections.

Conclusion

Finland’s new income rules for residence permits, effective November 1, 2024, aim to ensure applicants have sufficient financial support. Understanding the updated thresholds is essential for a successful application, whether you’re a student, skilled worker, or moving for other reasons.

By staying informed about these changes, applicants can better prepare for the residency permit process, ensuring they meet all necessary requirements.