Karvinen, 31, is one of SDHL's best players of all time and has won three Swedish Championship golds with Luleå.
The same seasons she also won the points league.
Now it will be Malmö Redhawks women's team in division 1
"I get to practice technology with my dad and at the same time be close to my family. I felt it was the best setup for the Olympics," writes Karvinen on social media.
In September, Karvinen left the Chinese team Shenzhen KRS Vanke Rays, who left China to play their matches in Moscow due to the pandemic.
The four Finnish players have had to leave the team to make room for Chinese women preparing for the Olympics in Beijing in February.
In addition to games in Malmö, Karvinen will also train with Rödovre in Denmark.
Karvinen's father Heikki has long belonged to Rödövre's coaching team.
In addition to Finnish citizenship, Michelle Karvinen also has Danish when her mother comes from there.
This spring, Michelle Karvinen won league gold in Switzerland with Lugano.
The carvine has one Olympic silver and two bronze.
In the World Cup, there have been five bronzes.