Living in Finland while working for a US or other foreign employer is possible!
While Finland does not have residency permits like a digital nomad visa or investor residence permit (for purchasing property or investments), there is a legal alternative: relocation through Employer of Record (EOR).
EOR is an organization that acts as the official legal employer for specialists relocating to Finland. The company hires the specialist on a permanent basis and sells their services through a Service Agreement with the company they previously worked for.
We have been providing EOR services since last year, and IT specialists relocate with us through this option every month.
Our advantages:
Localized in Finland since 2019, we are well-versed in Finnish labor law and fully compliant.
We are constantly available, respond quickly, and offer voice communication in Russian, English, and Finnish.
We assist with residence permit applications and provide detailed information on necessary documents. Nerdsbay is registered with Enterfinland as an employer, so we handle part of the documentation for you.
No need to overpay for relocation agency services. We provide all necessary information for your smooth transition, including how to find housing and handle post-arrival paperwork. We can also provide reliable contacts if needed.
How the process works: We negotiate with the company of the employee wishing to relocate to Finland via EOR. We verify the company's legality, discuss contract details, and monthly billing. Negotiations take 2-3 weeks. After signing the contract with the company, we hire the employee and assist with the residence permit application.
Employees under EOR are entitled to vacation and sick leave just like any other employee in Finland, according to the law.
Minimum contract requirements:
Gross salary of at least €3,473 per month
The contracting company is not based in Russia or Belarus
The employee is not an owner of the contracting company
The employee has an IT diploma or 3 years of verified experience
Example monthly calculation for a €7,000 gross salary:
€107.10: Social contributions
€1,330: Pension contributions
€36.40: Unemployment fund
€260: Mandatory insurance contributions
€550: Our operational services, including accounting, payroll, and communication with tax authorities Total: €9,283.50 — This is the monthly invoice we issue to the client.
Plus a one-time fee of €2,000 at the start of employment, which covers our full support of all processes: document collection, company negotiations, residence permit acquisition, and relocation assistance (paid by your company).
We recommend discussing salary increases with your employers before relocating to cover tax expenses. Among our EOR clients, there are examples of successful negotiations. You can also discuss reimbursement for temporary housing and document processing.
For more details on EOR and the possibility of working/relocating, contact @julia_nerdsbay.