1
Migri Financial Requirement for Student Permits
To receive a student residence permit, applicants must demonstrate sufficient financial funds to cover living expenses in Finland. The statutory requirement set by Migri is currently €560 per month, which equals €6,720 per year.
Key Rules & Breakdown:
- Financial proof: Bank account statement under the student's name showing at least €6,720 per year.
- Health Insurance: Non-EU students must maintain private health insurance covering medical expenses up to €120,000 (if studies are under 2 years) or €40,000 (if studies are 2+ years).
- Validity: Permits for degree studies are granted for the full expected duration of the academic degree program.
Official Authority Source:Finnish Immigration Service (Migri) — Residence Permit for Studies
2
Transition to Post-Graduation Job-Seeker Permit
Upon completing an academic degree in Finland, international graduates can apply for an extended residence permit to look for work or start a business. This permit is granted for up to two years and can be taken in multiple parts.
Official Authority Source:Migri — Residence Permit After Graduation