Finland has implemented new income requirement for work permits
Finland has set a new minimum income limit for residence permits granted to foreign employees, effective January 1, 2025. This updated legislation mandates that individuals arriving in Finland with a residence permit for an employed person must earn at least €1,600 per month. This change particularly targets applicants from Thailand, the Philippines, China, and Vietnam, who frequently seek work opportunities in Finland.
This amendment aims to ensure that international workers receive a sufficient salary to cover their living costs while residing in Finland. Previously, applicants could secure a residence permit with a minimum salary of €1,399 per month or by complying with the applicable collective agreement. Now, while salaries must still comply with collective agreement standards, this new minimum requirement reflects Finland’s commitment to protecting the financial stability of foreign workers.
Employers may contribute up to 50% of the salary in fringe benefits, such as company cars or accommodation allowances, assisting applicants in meeting the income threshold.
The new income requirement applies to all first-time residence permit applications submitted from January 1, 2025, and to extended permits starting April 1, 2025. Notably, the residence permit for an employed person is the most common work-based permit issued in Finland.
Between January and November 2024, Finnish authorities processed 9,104 applications for first residence permits for employed individuals. Most applicants came from Thailand, the Philippines, China, and Vietnam. Many Thai applicants sought short-term opportunities, such as berry-picking, while others from the Philippines and Vietnam pursued various employment options in Finland.
Source: Smith Stone Walters