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Finnish authorities announced increased salary threshold requirements for certain applications, effective Nov. 1.
Key Points:
Additional Information: Regional differences are factored into decision-making regarding the income threshold required. The new income thresholds will be updated every year in the form of index increases. The income thresholds for permits for students, au pairs and working holiday will also increase Nov. 1.
BAL Analysis: Finnish authorities have increased the salary threshold requirements to ensure applicants have sufficient financial resources or secure means of support to live and work in Finland. Employers should be aware of and consider the increased thresholds in their business planning for calendar year 2025.
This alert has been provided by the BAL Global Practice Group.
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