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Results for “housing in finland”
190 results
- Glossary
Holiday bonus pay in Finland (lomaraha)
Holiday bonus pay (lomaraha) in Finland: usually 50% of your holiday pay, set by your collective agreement, not by law. Who gets it, when it is paid and that it is taxed as wages.
...policy. Short answer: the holiday bonus in Finland is usually 50% of your holiday pay, paid on top of your normal salary. It comes from your collective agreement or employment contract, not...
- Glossary
TyEL: employee pension insurance in Finland
Employee pension insurance in Finland; employers arrange it for employees.
TyEL (Työntekijän eläkelaki) refers to Finland's earnings-related employee pension insurance, the mandatory pension scheme that covers most private-sector employees. Detailed explanation...
- Glossary
Asumistuki (housing allowance)
Kela's general housing allowance that helps low-income residents in Finland cover their rent or housing costs.
Asumistuki is the general housing allowance (yleinen asumistuki) provided by Kela to help residents of Finland with low income cover their housing costs. It is one of the most...
- Glossary
Korko (Interest Rate)
Interest rates in Finland, especially Euribor-linked mortgage rates and how they affect housing costs for residents.
...means interest rate in Finnish. In the Finnish housing market, mortgage interest rates are almost always linked to the Euribor reference rate, making them variable and subject to change....
- Glossary
Asunto-osakeyhtiö: housing cooperative
Finnish housing cooperative that owns and manages apartment buildings where residents own shares rather than individual units.
...as As Oy or As.Oy) is the Finnish form of housing cooperative, a legal entity that owns and manages residential buildings. When you buy an apartment in Finland, you typically purchase shares...
- Glossary
Opiskelija-asunto: student housing
Affordable student accommodation provided by dedicated housing organizations in Finnish university cities.
Opiskelija-asunto means student housing in Finnish. These are affordable rental apartments provided by non-profit student housing organizations in every major university city in...
- Glossary
Taloyhtiö: housing company
Informal Finnish term for housing cooperative or housing company that manages apartment buildings and common areas.
...is the common, informal Finnish term for a housing company or housing cooperative (asunto-osakeyhtiö). It refers to the organization that owns and manages an apartment building, including all...
- Glossary
Kela: Finnish social insurance institution explained
Finland's Social Insurance Institution; administers many benefits.
...safety net that covers healthcare, unemployment, housing, families, students, and pensioners. The agency operates under the supervision of the Finnish Parliament and has service points throughout the...
- Glossary
Korkeakoulu: higher education institution
Term for higher education institutions in Finland, including universities and universities of applied sciences.
...Being a student provides access to affordable housing, healthcare, and transportation discounts Practical examples Example 1: Maria from Germany applies to Aalto University's master's program in...
- Glossary
Vuokra-asunto (rental apartment)
Rental housing in Finland; understanding the rental market, tenant rights, and how to find accommodation.
...rental market is essential for newcomers, as the housing search process, tenant rights, and rental practices differ from many other countries. Detailed explanation The Finnish rental market operates...
- Glossary
Itsenäisyyspäivä (Independence Day)
Finland's national Independence Day on December 6th, commemorating the declaration of independence from Russia in 1917.
Itsenäisyyspäivä is Finland's Independence Day, celebrated on December 6th. It commemorates Finland's declaration of independence from Russia on December 6, 1917. The day...
- Glossary
Katsastus (Vehicle Inspection)
Mandatory periodic vehicle inspection required for all registered cars in Finland.
...inspection that all registered motor vehicles in Finland must pass. What it means Katsastus is the Finnish vehicle inspection, equivalent to an MOT test in the UK or TUV in Germany. All registered...
- Glossary
Tulovero: income tax
Tax paid on earned and capital income in Finland, including state and municipal components.
...(income tax) is the tax levied on your income in Finland, encompassing both state income tax on earned income and taxes on capital income such as dividends, interest, and capital gains. Detailed...
- Glossary
Tuloveroprosentti (Income Tax Rate)
The progressive income tax rate in Finland, combining state, municipal, and other components.
...income tax percentage applied to your earnings in Finland, calculated as a combination of state and municipal taxes. What it means Tuloveroprosentti is your personal income tax rate in Finland....
- Glossary
Vakuutus (Insurance)
Types of insurance in Finland: from mandatory vehicle insurance to home, health, and travel insurance that residents should consider.
Vakuutus means insurance in Finland. While Finland's comprehensive public services provide a strong safety net, several types of insurance are important for residents - some...
- Glossary
Kotivakuutus: home insurance
Personal home insurance covering your belongings, liability, and potential damages in your Finnish residence.
...residence. Unlike building insurance (which the housing company maintains), kotivakuutus protects your personal property and provides liability coverage. Most landlords require tenants to have this...
- Glossary
Taloyhtiön kokous (Housing Company Meeting)
The general meeting of a Finnish housing company where shareholders vote on building maintenance, finances, and renovations.
...kokous is the general meeting of a Finnish housing company (asunto-osakeyhtiö), where shareholders gather to make decisions about the building's maintenance, finances, renovations, and rules....
- Glossary
Harjoittelu: internship / practical training
Workplace internship or practical training period that is part of many Finnish degree programs.
...graduation. Detailed explanation Internships in Finland take several forms. At universities of applied sciences (AMK), practical training is a mandatory part of the degree, typically totaling 30...
- Glossary
Perintövero (Inheritance Tax)
Finnish inheritance tax applied to estates and gifts, with rates depending on the relationship to the deceased.
...A tax levied on inherited property and gifts in Finland, with rates varying based on the value and the heir's relationship to the deceased. What it means Perintövero is the Finnish inheritance and...
- Glossary
YEL (Self-employed pension insurance)
Pension insurance for self-employed people; declared work income affects pension and some benefits.
...is pension insurance for self-employed people in Finland, covering entrepreneurs, freelancers, and sole traders who meet certain criteria. Detailed explanation YEL insurance is mandatory for...