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The Swedish Migration Authority published new funding requirements for foreign nationals planning to sponsor dependents.
Key Points:
Additional Information: Individuals’ after-tax income must be able to cover housing cost and the amount required to support members of a household. Work related-income includes wages from work, unemployment benefits, sick benefits and income-based old-age pensions.
BAL Analysis: Employers should note the income changes and ensure that employees who are sponsoring dependents meet the proper income and housing standards. BAL will continue to monitor these changes and will provide additional information as it becomes available.
This alert has been provided by the BAL Global Practice group. For additional information, please contact berryapplemanleiden@bal.com.
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