diff --git a/.github/workflows/changelog.yml b/.github/workflows/changelog.yml
index a3d39f471..b7e93d401 100644
--- a/.github/workflows/changelog.yml
+++ b/.github/workflows/changelog.yml
@@ -7,7 +7,7 @@ on:
     - master
 
 env:
-  DEFAULT_PYTHON: '3.11'
+  DEFAULT_PYTHON: '3.12'
 
 permissions:
   contents: read
diff --git a/.github/workflows/codeql-analysis.yml b/.github/workflows/codeql-analysis.yml
index 91a50584f..3348b8176 100644
--- a/.github/workflows/codeql-analysis.yml
+++ b/.github/workflows/codeql-analysis.yml
@@ -14,7 +14,7 @@ concurrency:
   cancel-in-progress: true
 
 env:
-  DEFAULT_PYTHON: '3.11'
+  DEFAULT_PYTHON: '3.12'
 
 jobs:
   linters:
diff --git a/.github/workflows/data/clickhouse/matrix.yml b/.github/workflows/data/clickhouse/matrix.yml
index cf52893ab..6ee63269e 100644
--- a/.github/workflows/data/clickhouse/matrix.yml
+++ b/.github/workflows/data/clickhouse/matrix.yml
@@ -6,13 +6,13 @@ min: &min
 
 max: &max
   spark-version: 3.5.0
-  python-version: '3.11'
+  python-version: '3.12'
   java-version: 20
   os: ubuntu-latest
 
 latest: &latest
   spark-version: latest
-  python-version: '3.11'
+  python-version: '3.12'
   java-version: 20
   os: ubuntu-latest
 
diff --git a/.github/workflows/data/core/matrix.yml b/.github/workflows/data/core/matrix.yml
index 78cb7f316..522e2160a 100644
--- a/.github/workflows/data/core/matrix.yml
+++ b/.github/workflows/data/core/matrix.yml
@@ -6,13 +6,13 @@ min: &min
 
 max: &max
   spark-version: 3.5.0
-  python-version: '3.11'
+  python-version: '3.12'
   java-version: 20
   os: ubuntu-latest
 
 latest: &latest
   spark-version: latest
-  python-version: '3.11'
+  python-version: '3.12'
   java-version: 20
   os: ubuntu-latest
 
diff --git a/.github/workflows/data/ftp/matrix.yml b/.github/workflows/data/ftp/matrix.yml
index 4a5c92575..58061a5ed 100644
--- a/.github/workflows/data/ftp/matrix.yml
+++ b/.github/workflows/data/ftp/matrix.yml
@@ -3,7 +3,7 @@ min: &min
   os: ubuntu-latest
 
 max: &max
-  python-version: '3.11'
+  python-version: '3.12'
   os: ubuntu-latest
 
 matrix:
diff --git a/.github/workflows/data/ftps/matrix.yml b/.github/workflows/data/ftps/matrix.yml
index 4497a7371..1ff40b12d 100644
--- a/.github/workflows/data/ftps/matrix.yml
+++ b/.github/workflows/data/ftps/matrix.yml
@@ -3,7 +3,7 @@ min: &min
   os: ubuntu-latest
 
 max: &max
-  python-version: '3.11'
+  python-version: '3.12'
   os: ubuntu-latest
 
 matrix:
diff --git a/.github/workflows/data/hdfs/matrix.yml b/.github/workflows/data/hdfs/matrix.yml
index eba19818e..465c7eb81 100644
--- a/.github/workflows/data/hdfs/matrix.yml
+++ b/.github/workflows/data/hdfs/matrix.yml
@@ -8,14 +8,14 @@ min: &min
 max: &max
   hadoop-version: hadoop3-hdfs
   spark-version: 3.5.0
-  python-version: '3.11'
+  python-version: '3.12'
   java-version: 20
   os: ubuntu-latest
 
 latest: &latest
   hadoop-version: hadoop3-hdfs
   spark-version: latest
-  python-version: '3.11'
+  python-version: '3.12'
   java-version: 20
   os: ubuntu-latest
 
diff --git a/.github/workflows/data/hive/matrix.yml b/.github/workflows/data/hive/matrix.yml
index 17c1c3a6c..370d22d95 100644
--- a/.github/workflows/data/hive/matrix.yml
+++ b/.github/workflows/data/hive/matrix.yml
@@ -6,13 +6,13 @@ min: &min
 
 max: &max
   spark-version: 3.5.0
-  python-version: '3.11'
+  python-version: '3.12'
   java-version: 20
   os: ubuntu-latest
 
 latest: &latest
   spark-version: latest
-  python-version: '3.11'
+  python-version: '3.12'
   java-version: 20
   os: ubuntu-latest
 
diff --git a/.github/workflows/data/kafka/matrix.yml b/.github/workflows/data/kafka/matrix.yml
index 7797d37d6..cf4668e9a 100644
--- a/.github/workflows/data/kafka/matrix.yml
+++ b/.github/workflows/data/kafka/matrix.yml
@@ -9,14 +9,14 @@ min: &min
 max: &max
   kafka-version: 3.5.1
   spark-version: 3.5.0
-  python-version: '3.11'
+  python-version: '3.12'
   java-version: 20
   os: ubuntu-latest
 
 latest: &latest
   kafka-version: latest
   spark-version: latest
-  python-version: '3.11'
+  python-version: '3.12'
   java-version: 20
   os: ubuntu-latest
 
diff --git a/.github/workflows/data/local-fs/matrix.yml b/.github/workflows/data/local-fs/matrix.yml
index 194150d89..df9bdeffe 100644
--- a/.github/workflows/data/local-fs/matrix.yml
+++ b/.github/workflows/data/local-fs/matrix.yml
@@ -18,13 +18,13 @@ min_excel: &min_excel
 
 max: &max
   spark-version: 3.5.0
-  python-version: '3.11'
+  python-version: '3.12'
   java-version: 20
   os: ubuntu-latest
 
 latest: &latest
   spark-version: latest
-  python-version: '3.11'
+  python-version: '3.12'
   java-version: 20
   os: ubuntu-latest
 
diff --git a/.github/workflows/data/mongodb/matrix.yml b/.github/workflows/data/mongodb/matrix.yml
index f91e1baaa..81c02f786 100644
--- a/.github/workflows/data/mongodb/matrix.yml
+++ b/.github/workflows/data/mongodb/matrix.yml
@@ -7,13 +7,13 @@ min: &min
 
 max: &max
   spark-version: 3.4.1
-  python-version: '3.11'
+  python-version: '3.12'
   java-version: 20
   os: ubuntu-latest
 
 latest: &latest
   spark-version: latest
-  python-version: '3.11'
+  python-version: '3.12'
   java-version: 20
   os: ubuntu-latest
 
diff --git a/.github/workflows/data/mssql/matrix.yml b/.github/workflows/data/mssql/matrix.yml
index b9941b583..a2c115bc2 100644
--- a/.github/workflows/data/mssql/matrix.yml
+++ b/.github/workflows/data/mssql/matrix.yml
@@ -6,13 +6,13 @@ min: &min
 
 max: &max
   spark-version: 3.5.0
-  python-version: '3.11'
+  python-version: '3.12'
   java-version: 20
   os: ubuntu-latest
 
 latest: &latest
   spark-version: latest
-  python-version: '3.11'
+  python-version: '3.12'
   java-version: 20
   os: ubuntu-latest
 
diff --git a/.github/workflows/data/mysql/matrix.yml b/.github/workflows/data/mysql/matrix.yml
index 39ba7034f..435ce9f90 100644
--- a/.github/workflows/data/mysql/matrix.yml
+++ b/.github/workflows/data/mysql/matrix.yml
@@ -6,13 +6,13 @@ min: &min
 
 max: &max
   spark-version: 3.5.0
-  python-version: '3.11'
+  python-version: '3.12'
   java-version: 20
   os: ubuntu-latest
 
 latest: &latest
   spark-version: latest
-  python-version: '3.11'
+  python-version: '3.12'
   java-version: 20
   os: ubuntu-latest
 
diff --git a/.github/workflows/data/oracle/matrix.yml b/.github/workflows/data/oracle/matrix.yml
index ca43bed1a..dcf725f51 100644
--- a/.github/workflows/data/oracle/matrix.yml
+++ b/.github/workflows/data/oracle/matrix.yml
@@ -6,13 +6,13 @@ min: &min
 
 max: &max
   spark-version: 3.5.0
-  python-version: '3.11'
+  python-version: '3.12'
   java-version: 20
   os: ubuntu-latest
 
 latest: &latest
   spark-version: latest
-  python-version: '3.11'
+  python-version: '3.12'
   java-version: 20
   os: ubuntu-latest
 
diff --git a/.github/workflows/data/postgres/matrix.yml b/.github/workflows/data/postgres/matrix.yml
index c5233c5e8..1f2c6077c 100644
--- a/.github/workflows/data/postgres/matrix.yml
+++ b/.github/workflows/data/postgres/matrix.yml
@@ -6,13 +6,13 @@ min: &min
 
 max: &max
   spark-version: 3.5.0
-  python-version: '3.11'
+  python-version: '3.12'
   java-version: 20
   os: ubuntu-latest
 
 latest: &latest
   spark-version: latest
-  python-version: '3.11'
+  python-version: '3.12'
   java-version: 20
   os: ubuntu-latest
 
diff --git a/.github/workflows/data/s3/matrix.yml b/.github/workflows/data/s3/matrix.yml
index 2b6fbdb32..64357c229 100644
--- a/.github/workflows/data/s3/matrix.yml
+++ b/.github/workflows/data/s3/matrix.yml
@@ -10,14 +10,14 @@ min: &min
 max: &max
   minio-version: 2023.7.18
   spark-version: 3.5.0
-  python-version: '3.11'
+  python-version: '3.12'
   java-version: 20
   os: ubuntu-latest
 
 latest: &latest
   minio-version: latest
   spark-version: latest
-  python-version: '3.11'
+  python-version: '3.12'
   java-version: 20
   os: ubuntu-latest
 
diff --git a/.github/workflows/data/samba/matrix.yml b/.github/workflows/data/samba/matrix.yml
index a4a3afe30..fc1573e02 100644
--- a/.github/workflows/data/samba/matrix.yml
+++ b/.github/workflows/data/samba/matrix.yml
@@ -3,7 +3,7 @@ min: &min
   os: ubuntu-latest
 
 max: &max
-  python-version: '3.11'
+  python-version: '3.12'
   os: ubuntu-latest
 
 matrix:
diff --git a/.github/workflows/data/sftp/matrix.yml b/.github/workflows/data/sftp/matrix.yml
index 12e2ecd79..44852908b 100644
--- a/.github/workflows/data/sftp/matrix.yml
+++ b/.github/workflows/data/sftp/matrix.yml
@@ -3,7 +3,7 @@ min: &min
   os: ubuntu-latest
 
 max: &max
-  python-version: '3.11'
+  python-version: '3.12'
   os: ubuntu-latest
 
 matrix:
diff --git a/.github/workflows/data/teradata/matrix.yml b/.github/workflows/data/teradata/matrix.yml
index 05da497c8..5391077c9 100644
--- a/.github/workflows/data/teradata/matrix.yml
+++ b/.github/workflows/data/teradata/matrix.yml
@@ -1,12 +1,12 @@
 max: &max
   spark-version: 3.5.0
-  python-version: '3.11'
+  python-version: '3.12'
   java-version: 20
   os: ubuntu-latest
 
 latest: &latest
   spark-version: latest
-  python-version: '3.11'
+  python-version: '3.12'
   java-version: 20
   os: ubuntu-latest
 
diff --git a/.github/workflows/data/webdav/matrix.yml b/.github/workflows/data/webdav/matrix.yml
index 227e7a330..87b492c31 100644
--- a/.github/workflows/data/webdav/matrix.yml
+++ b/.github/workflows/data/webdav/matrix.yml
@@ -3,7 +3,7 @@ min: &min
   os: ubuntu-latest
 
 max: &max
-  python-version: '3.11'
+  python-version: '3.12'
   os: ubuntu-latest
 
 matrix:
diff --git a/.github/workflows/dev-release.yml b/.github/workflows/dev-release.yml
index 76f362733..1f81fda09 100644
--- a/.github/workflows/dev-release.yml
+++ b/.github/workflows/dev-release.yml
@@ -9,7 +9,7 @@ on:
   workflow_dispatch:
 
 env:
-  DEFAULT_PYTHON: '3.11'
+  DEFAULT_PYTHON: '3.12'
 
 concurrency:
   group: ${{ github.workflow }}-${{ github.head_ref || github.ref }}
diff --git a/.github/workflows/get-matrix.yml b/.github/workflows/get-matrix.yml
index 0831a91e9..466ca483a 100644
--- a/.github/workflows/get-matrix.yml
+++ b/.github/workflows/get-matrix.yml
@@ -47,7 +47,7 @@ on:
         value: ${{ jobs.get-matrix.outputs.matrix-webdav }}
 
 env:
-  DEFAULT_PYTHON: '3.11'
+  DEFAULT_PYTHON: '3.12'
 
 jobs:
   get-matrix:
diff --git a/.github/workflows/nightly.yml b/.github/workflows/nightly.yml
index da494680e..be5958b1b 100644
--- a/.github/workflows/nightly.yml
+++ b/.github/workflows/nightly.yml
@@ -10,7 +10,7 @@ concurrency:
   cancel-in-progress: true
 
 env:
-  DEFAULT_PYTHON: '3.11'
+  DEFAULT_PYTHON: '3.12'
 
 jobs:
   get-matrix:
diff --git a/.github/workflows/release.yml b/.github/workflows/release.yml
index e0d227ea9..e8398a28e 100644
--- a/.github/workflows/release.yml
+++ b/.github/workflows/release.yml
@@ -6,7 +6,7 @@ on:
     - '[0-9]+.[0-9]+.[0-9]+'
 
 env:
-  DEFAULT_PYTHON: '3.11'
+  DEFAULT_PYTHON: '3.12'
 
 jobs:
   release:
diff --git a/.github/workflows/tests.yml b/.github/workflows/tests.yml
index 95cc9ade8..eadb07917 100644
--- a/.github/workflows/tests.yml
+++ b/.github/workflows/tests.yml
@@ -13,7 +13,7 @@ concurrency:
   cancel-in-progress: true
 
 env:
-  DEFAULT_PYTHON: '3.11'
+  DEFAULT_PYTHON: '3.12'
 
 jobs:
   get-matrix:
diff --git a/.readthedocs.yml b/.readthedocs.yml
index 923741b22..13358b8b3 100644
--- a/.readthedocs.yml
+++ b/.readthedocs.yml
@@ -3,7 +3,7 @@ version: 2
 build:
   os: ubuntu-22.04
   tools:
-    python: "3.11"
+    python: "3.12"
 
 python:
   install:
diff --git a/README.rst b/README.rst
index 792eb1dc4..603eef364 100644
--- a/README.rst
+++ b/README.rst
@@ -51,7 +51,7 @@ Non-goals
 
 Requirements
 ------------
-* **Python 3.7 - 3.11**
+* **Python 3.7 - 3.12**
 * PySpark 2.3.x - 3.5.x (depends on used connector)
 * Java 8+ (required by Spark, see below)
 * Kerberos libs & GCC (required by ``Hive``, ``HDFS`` and ``SparkHDFS`` connectors)
@@ -177,9 +177,9 @@ Compatibility matrix
 +--------------------------------------------------------------+-------------+-------------+-------+
 | `3.3.x <https://spark.apache.org/docs/3.3.3/#downloading>`_  | 3.7 - 3.10  | 8u201 - 17  | 2.12  |
 +--------------------------------------------------------------+-------------+-------------+-------+
-| `3.4.x <https://spark.apache.org/docs/3.4.1/#downloading>`_  | 3.7 - 3.11  | 8u362 - 20  | 2.12  |
+| `3.4.x <https://spark.apache.org/docs/3.4.1/#downloading>`_  | 3.7 - 3.12  | 8u362 - 20  | 2.12  |
 +--------------------------------------------------------------+-------------+-------------+-------+
-| `3.5.x <https://spark.apache.org/docs/3.5.0/#downloading>`_  | 3.8 - 3.11  | 8u371 - 20  | 2.12  |
+| `3.5.x <https://spark.apache.org/docs/3.5.0/#downloading>`_  | 3.8 - 3.12  | 8u371 - 20  | 2.12  |
 +--------------------------------------------------------------+-------------+-------------+-------+
 
 .. _pyspark-install:
diff --git a/docs/changelog/next_release/167.feature.rst b/docs/changelog/next_release/167.feature.rst
new file mode 100644
index 000000000..5a1b9dd31
--- /dev/null
+++ b/docs/changelog/next_release/167.feature.rst
@@ -0,0 +1 @@
+Add Python 3.12 compatibility.
diff --git a/onetl/impl/local_path.py b/onetl/impl/local_path.py
index 443b2920d..9708fc200 100644
--- a/onetl/impl/local_path.py
+++ b/onetl/impl/local_path.py
@@ -13,6 +13,7 @@
 #  limitations under the License.
 
 import os
+import sys
 from pathlib import Path, PurePosixPath, PureWindowsPath
 
 
@@ -20,8 +21,10 @@ class LocalPath(Path):
     def __new__(cls, *args, **kwargs):
         if cls is LocalPath:
             cls = LocalWindowsPath if os.name == "nt" else LocalPosixPath
-        self = cls._from_parts(args)
-        return self  # noqa: WPS331
+        if sys.version_info < (3, 12):
+            return cls._from_parts(args)
+        else:
+            return object.__new__(cls)  # noqa: WPS503
 
 
 class LocalPosixPath(LocalPath, PurePosixPath):
diff --git a/setup.py b/setup.py
index f8b560707..6cff75434 100644
--- a/setup.py
+++ b/setup.py
@@ -70,6 +70,7 @@ def parse_requirements(file: Path) -> list[str]:
         "Programming Language :: Python :: 3.9",
         "Programming Language :: Python :: 3.10",
         "Programming Language :: Python :: 3.11",
+        "Programming Language :: Python :: 3.12",
         "Topic :: Software Development :: Libraries",
         "Topic :: Software Development :: Libraries :: Java Libraries",
         "Topic :: Software Development :: Libraries :: Python Modules",