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May 17, 2024
2024-1003

Finland simplifies EU Blue Card requirements

Effective 13 May 2024, Finland amended its regulations governing EU Blue Cards, including simplifying educational and professional requirements. The following changes went into effect, in line with the revised EU Blue Card Directive (i) Salary: Applicants must earn a monthly gross salary equaling or exceeding the average gross salary in Finland (EUR 3,638 in 2024). Previously, applicants were required to earn at least 1.5 times the average monthly gross salary; (ii) Employment contract: Applicants must have an employment contract or a binding job offer for highly qualified work with a validity of at least six months (down from one year previously); (iii) Educational and professional requirements: Applicants must hold a higher education degree obtained after completing a course lasting at least three years, or at least five years of relevant professional experience; and (iv) Application processing time: In general, the Finnish Immigration Service will process Blue Card applications within 60 calendar days of submission (down from 90 days previously).

A Tax Alert prepared by EY's People Advisory Services group, and attached below, provides additional details.

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Attachment

Full text of Tax Alert