Finland has revised the minimum income standards for individuals applying for residence permits. The income criteria will vary according to the type of residence permit sought and the applicant’s place of residence.

Professionals seeking to obtain a work permit in Finland must demonstrate a minimum monthly income of €3,638. For regular laborers, the salary edge has been set up at €1,399 per month.

The Finnish government has recently announced these changes to the minimum income requirements for residence permit applicants. The criteria will be contingent upon the specific type of permit being applied for and the applicant’s intended location of residence.

As reported by Schengen News, the income requirements will also be influenced by the applicant’s immigration status and the specific immigration program they are utilizing, such as family reunification, employment, or international protection. These updated income requirements will take effect on November 1, 2024.

The following table outlines the income requirements for individuals applying for a residence permit in Finland, categorized by their immigrant status:

Type of Applicant

Minimum Income Requirement (per month)

Specialists

€3,638

Seasonal Workers

€1,399

Start-up Entrepreneurs

€1,210 – €1,030

Please note that the income requirements may differ depending on the applicant’s selected area of residence.