Finland
How Finland performs
Tax
High taxes. Finland has one of the heaviest tax burdens in the index, 100th of 123. A large share of income and profit goes to tax, so it suits people who are not moving for tax reasons. Personal income tax 12.6 - 37.5%, corporate tax 20%, VAT 25.5%.
Source: Heritage Foundation, Index of Economic Freedom (Tax Burden sub-score)
Safety
Very safe. Finland is one of the most peaceful and stable countries in the index, 8th of 117.
Source: Institute for Economics and Peace, Global Peace Index
Cost of Living
Expensive. Finland is one of the most expensive places to live in the index, 107th of 118. Plan for high everyday costs.
Source: Numbeo Cost of Living Index
Education
Excellent education. Finland has one of the strongest education and knowledge systems in the index, 6th of 120. A strong choice for families and for study.
Source: UNDP & MBRF, Global Knowledge Index
Every figure is published by the institution named against it. We do not adjust, model or estimate the underlying values. See the formulas.
The detail behind the scores
Taxation
| Corporate income tax | 20% |
|---|---|
| Personal income tax | 12.6 - 37.5% Applicable tax rate varies based on amount of income earned |
| Standard VAT | 25.5% |
Rates change without notice. Confirm with the relevant tax authority before acting.
Naturalization Requirements and Immigration Pathway
- Residence for naturalization
- 8 years
- Language requirement
- YesIntermediate proficiency in Finnish or Swedish language
- Investment Immigration Pathway
- Finland Residence Permit for Entrepreneur
- Official languages
- Finnish and Swedish
- Dual citizenship
- Allows dual citizenship
North Macedonia
Bulgaria
Romania
Bosnia and Herzegovina