diff --git a/.github/workflows/nodejs.yml b/.github/workflows/nodejs.yml
index 34102503e48f..a7c16bfbc573 100644
--- a/.github/workflows/nodejs.yml
+++ b/.github/workflows/nodejs.yml
@@ -49,7 +49,7 @@ jobs:
         run: yarn test-ts --selectProjects ts-integration
       - name: type tests
         run: yarn test-ts --selectProjects type-tests
-      - name: verify TypeScript@4.3 compatibility
+      - name: verify TypeScript@5.0 compatibility
         run: yarn verify-old-ts
       - name: run ESLint with type info
         run: yarn lint-ts-files
diff --git a/CHANGELOG.md b/CHANGELOG.md
index b83b0cc10e6c..6e4c6f878f9b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -16,6 +16,7 @@
 ### Chore & Maintenance
 
 - `[*]` [**BREAKING**] Drop support for Node.js versions 14 and 19 ([#14460](https://github.com/jestjs/jest/pull/14460))
+- `[*]` [**BREAKING**] Drop support for `typescript@4.3`, minimum version is now `5.0` ([#14542](https://github.com/facebook/jest/pull/14542), [#12648](https://github.com/facebook/jest/pull/12648))
 - `[jest-cli, jest-config, @jest/types]` [**BREAKING**] Remove deprecated `--init` argument ([#14490](https://github.com/jestjs/jest/pull/14490))
 
 ## 29.7.0
diff --git a/scripts/verifyOldTs.mjs b/scripts/verifyOldTs.mjs
index 6587ac004060..65511f301e95 100644
--- a/scripts/verifyOldTs.mjs
+++ b/scripts/verifyOldTs.mjs
@@ -33,7 +33,7 @@ const tsConfig = {
 };
 /* eslint-enable */
 
-const tsVersion = '4.3';
+const tsVersion = '5.0';
 
 function smoketest() {
   const jestDirectory = path.resolve(