- Pay Limit Scheme Minimum Salary Level to be Increased
- July 1, 2016
- Law Firm: Fragomen Del Rey Bernsen Loewy LLP - New York Office
Foreign nationals must earn at least DKK 400,000 per year to qualify for a residence and work permit under the Pay Limit scheme if the work and residence permit application is submitted on or after June 10, 2016. Applications submitted prior to June 10 will be subject to the current DKK 375,000 threshold.
This amount is subject to change on an annual basis.
Fast Track Scheme applicants employed according to the conditions of the Pay Limit Scheme - one of the four tracks available under the Fast Track Scheme - will also be subject to the new minimum salary level.
What This Means for Employers and Foreign Nationals
Employers filing work permit applications on or after June 10, 2016 must ensure that salaries paid to Pay Limit Scheme applicants in Denmark meet the increased minimum level.
Applicants seeking work permit renewals for existing permits will still be subject to a salary of DKK 375,000 if all employment conditions remain the same.