Finland has recently updated its residency permit rules, introducing significant changes that affect various categories of immigrants, including workers, students, and family members.
These modifications, effective from November 1, 2024, aim to streamline the immigration process and ensure that applicants have sufficient financial means to support themselves during their stay in Finland.
General Financial Requirements
All applicants for Finnish residence permits must demonstrate adequate financial resources, known as the “income threshold.” This requirement ensures that individuals can support themselves without relying on public assistance. The specific income thresholds vary depending on the type of permit and the applicant’s circumstances.
Work-Based Residence Permits
For those seeking work-based residence permits, the salary requirements have been adjusted:
- General Workers: A gross monthly salary of at least €1,399 is now required.
- Specialists and EU Blue Card Applicants: The minimum gross monthly salary is set at €3,638.
These adjustments ensure that individuals in specialized roles or applying for the EU Blue Card have earnings that reflect the demands of their positions.
Regional Variations in Income Thresholds
The income requirements also differ depending on the intended place of residence within Finland, taking into account regional housing costs:
- 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
International students seeking residence permits must demonstrate an income of €800 per month. This threshold considers the lower costs of student housing, subsidized meals, and discounts typically available to students. The same figure applies to students who have graduated and are seeking work or starting a business, as well as researchers.
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 implemented stricter application rules as of September 2024. These measures aim to enhance the integrity of the immigration process and ensure that applicants meet all necessary criteria for residency.