Starting January 1, 2025, Finland will implement a new income threshold for foreign workers seeking residence permits. Key details of this policy are:
- Minimum Income Requirement: Foreign workers must earn at least €1,600 per month to qualify for a residence permit.
- Scope of Application: This threshold applies to primary employment income; other income sources are excluded.
- Targeted Workers: The policy primarily affects skilled workers from non-EU countries.
- Government’s Objective: The aim is to ensure foreign workers can financially support themselves and to promote full-time employment in Finland.
- Sector Impact: Sectors such as agriculture, forestry, fisheries, and administrative support services may experience significant effects due to this change.
- Higher Thresholds for Specialists: Certain professions, like specialists, have higher income requirements, with a minimum of €3,638 per month.
- Seasonal Workers: Seasonal workers are subject to a lower income threshold of €1,399 per month.
- Exceptions: In exceptional cases, deviations from the income requirement are possible, especially if it’s in the best interest of a child or due to other compelling reasons.
- Regional Variations: Income requirements may vary by location, with higher thresholds in areas like Helsinki compared to less populated municipalities.
- Exempt Categories: Individuals granted residence permits on compassionate grounds, asylum seekers, quota refugees, and family members of Finnish citizens or former Finnish citizens are exempt from this income threshold.
This policy reflects Finland’s commitment to balancing labor immigration with economic sustainability and ensuring that foreign workers receive adequate compensation to support themselves.
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