Effective immediately, new and renewal Residence and Work Permit applicants must earn a minimum annual salary of NOK 382,900 before taxes (approximately USD 45,754) if they hold a bachelor’s degree (up from NOK 381,000) or NOK 412, 600 before taxes (approximately USD 49,288) if they hold a master’s degree (up from NOK 410,500).
The increased salary requirements apply to all first-time Residence and Work Permit and renewal applications submitted on and after July 5, 2016, provided that the application is not covered by an industry-specific collective bargaining agreement.
If an assignee plans to work in an industry with a collective agreement, their salary must meet the agreed wage rate.
What This Means for Employers
Employers should ensure that all relevant teams and managers are aware of the increase and plan for any effect on budget.