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    Home»TRAVELS $ GUIDE»Finland raises minimum income requirement for residence permits to €1,600
    TRAVELS $ GUIDE

    Finland raises minimum income requirement for residence permits to €1,600

    Ifetayo AdeniyiBy Ifetayo AdeniyiJanuary 7, 20253 Mins Read
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    Finland raises minimum income requirement for residence permits to €1,600

    Flag of Finland against Helsinki panorama (istock) 

    Finland raises minimum income requirement for residence permits to €1,600

    The minimum monthly income requirement for a residence permit for employed persons in Finland rose to €1,600 from €1,399 took effect on January 1, 2025, as announced by the Finnish Ministry of the Interior.

    According to the Aliens Act, an individual applying for a residence permit is deemed to have adequate financial resources if they are not likely to require social assistance.

    “Applicants must have sufficient income in Finland during the entire time their residence permit is valid. In 2025, automated post-decision monitoring of residence permits will expand to cover the residence permit for an employed person”.

    “Post-decision monitoring of permits focuses on key requirements, such as assessing whether the employee has been paid a sufficient salary,” says Tuuli Huhtilainen, of the Finnish Immigration Service, who processes residence permits for employed persons and seasonal work.

    Additionally, the processing fees for permanent residence permits increased, with online applications costing € 240, up from € 220, while paper applications rose to € 350, up from € 270. However, those who submit their requests before December 31, 2024, will be charged the current rates.

    These adjustments align with Finland’s broader efforts to streamline immigration policies and manage costs. The fee changes and policy updates reflect a strategic effort to balance immigration processing expenses while maintaining efficient services.

    Applicants are encouraged to use the Enter Finland platform to save costs and expedite processing.

    Finland raises minimum income requirement for residence permits to €1,600

    For those seeking convenience and savings, it is recommended to use the Enter Finland platform for electronic submissions. This platform allows users to track their applications and update information easily.

    From January 1 to January 8, 2025, there will be a temporary pause on decision-making for certain residence permits, including those for employed persons and seasonal work permits lasting more than six months. This pause will affect both initial and extension applications.

    While applying for international protection remains free, renewing residence permit cards for beneficiaries of temporary protection will now incur a fee of € 20 for online renewals and € 40 for paper renewals. The first residence permit card remains free and valid for the entire duration of temporary protection. Authorities can verify the validity of expired cards through their information systems, making renewal optional.

    A fee of € 100 will now be applied for extending the deadline for voluntary return, effective from January 1, 2025, until December 31, 2025. Although such applications have been rare in the past, the Finnish Immigration Service expects an increase in them.

    This move aims to reduce the financial burden on the reception system and encourage beneficiaries of temporary protection to transition to private accommodations or apply for municipality residency.

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    Ifetayo Adeniyi
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    Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

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