Enter your average income below to estimate applicable free-cash in all major European cities. By free-cash we mean your disposable income, left in your pocket after paying tax, rent, insurance, public transport, food expenses and basic entertainment. How does it work?

average income is
€ 1100
per

Your estimated
City
free-cash

Andorra , Andorra
€529
€652
€557
€685
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 100
social contributions
-
-
-
242
income
-
-
-
24
total
-
-
-
266
Employee
326
-
952
-
social contributions
21
-
62
-
income
-
-
28
-
total
21
-
90
-
Employer
326
-
952
-
social contributions
50
-
148
-
total
50
-
148
-
Corporate
724
1 100
-
-
income
72
110
-
-
total
72
110
-
-
Dividends
651
990
-
-
total
-
-
-
-
Income
1 100
1 100
1 100
1 100
Total tax
143
110
238
266
After tax
957
990
862
834
Living cost
305
305
305
305
Free-cash
652
685
557
529

Estimated living cost  is €305 per week

€197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€23
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€79
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Graz , Austria
€229
€290
-€1
€293
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 100
surtax
-
-
-
-
unemployment
-
-
-
62
health
-
-
-
84
chamber of commerce
-
-
-
4
pensions
-
-
-
204
income
-
-
-
194
total
-
-
-
548
Employee
443
404
854
-
unemployment
13
12
26
-
other
4
4
9
-
income
39
30
173
-
pensions
45
41
87
-
health
17
16
33
-
total
118
103
328
-
Employer
443
404
854
-
pensions
56
51
107
-
surtax
-
-
-
-
payroll
13
12
26
-
other
21
19
41
-
health
17
15
32
-
accident
6
5
11
-
unemployment
13
12
26
-
chamber of commerce
2
2
3
-
total
128
116
246
-
Corporate
530
580
816
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

132
145
204
-
total
132
145
204
-
Dividends
397
435
-
-
withholding
109
120
-
-
total
109
120
-
-
Income
1 100
1 100
1 100
1 100
Total tax
487
484
778
548
After tax
613
616
322
552
Living cost
323
323
323
323
Free-cash
290
293
-1
229

Estimated living cost  is €323 per week

€194
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€33
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€91
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Vienna , Austria
€193
€242
-€35
€259
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 100
surtax
-
-
-
2
unemployment
-
-
-
62
health
-
-
-
84
chamber of commerce
-
-
-
4
pensions
-
-
-
204
income
-
-
-
194
total
-
-
-
550
Employee
506
404
853
-
unemployment
15
12
26
-
other
5
4
9
-
income
58
30
172
-
pensions
52
41
87
-
health
20
16
33
-
total
150
103
327
-
Employer
506
404
853
-
pensions
64
51
107
-
surtax
2
2
2
-
payroll
15
12
26
-
other
24
19
40
-
health
19
15
32
-
accident
7
5
11
-
unemployment
15
12
26
-
chamber of commerce
2
2
3
-
total
148
118
247
-
Corporate
446
578
814
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

111
144
204
-
total
111
144
204
-
Dividends
334
433
-
-
withholding
92
119
-
-
total
92
119
-
-
Income
1 100
1 100
1 100
1 100
Total tax
501
484
778
550
After tax
599
616
322
550
Living cost
357
357
357
357
Free-cash
242
259
-35
193

Estimated living cost  is €357 per week

€238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€30
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€83
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
€138
€94
€56
€248
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 100
national
-
-
-
362
communal

Communal tax will depend on the area of registration and each commune in the city has its own rate.

-
-
-
55
social contributions
-
-
-
176
total
-
-
-
593
Employee

The minimum management director salary is set at €45,000 per year.

725
-
852
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

6
-
7
-
national
223
-
273
-
communal

Communal tax will depend on the area of registration and each commune in the city has its own rate.

38
-
44
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

54
-
64
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

34
-
40
-
total
355
-
428
-
Employer

The minimum management director salary is set at €45,000 per year.

725
-
852
-
surtax
82
-
97
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

64
-
75
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

45
-
52
-
accident

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

9
-
11
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

11
-
12
-
total
211
-
247
-
Corporate
164
1 100
-
-
income
33
220
-
-
surtax
1
4
-
-
total
34
224
-
-
Dividends
131
876
-
-
withholding

As an investor, you can take advantage of €640 tax free allowance per year.

36
259
-
-
total
36
259
-
-
Income
1 100
1 100
1 100
1 100
Total tax
636
483
675
593
After tax
464
617
425
507
Living cost
370
370
370
370
Free-cash
94
248
56
138

Estimated living cost  is €370 per week

€238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€32
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€93
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Sofia , Bulgaria
€665
€704
€702
€766
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 100
unemployment
-
-
-
1
health
-
-
-
41
pensions

Individual pension and social contributions account is optional for those who entered the labor force after 31 December, 2014.

-
-
-
53
income
-
-
-
165
total
-
-
-
260
Employee
231
-
1 030
-
accident

We are using the highest rate at 1.1%.

3
-
4
-
income
23
-
103
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

20
-
31
-
health
11
-
16
-
total
57
-
154
-
Employer
231
-
1 030
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

25
-
39
-
health
16
-
24
-
accident

We are using the highest rate at 1.1%.

3
-
4
-
unemployment
1
-
2
-
total
45
-
69
-
Corporate
823
1 100
-
-
income
82
110
-
-
total
82
110
-
-
Dividends
741
990
-
-
withholding
37
49
-
-
total
37
49
-
-
Income
1 100
1 100
1 100
1 100
Total tax
221
159
223
260
After tax
879
941
877
840
Living cost
175
175
175
175
Free-cash
704
766
702
665

Estimated living cost  is €175 per week

€116
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€10
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€45
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Varna , Bulgaria
€707
€761
€744
€808
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 100
unemployment
-
-
-
1
health
-
-
-
41
pensions

Individual pension and social contributions account is optional for those who entered the labor force after 31 December, 2014.

-
-
-
53
income
-
-
-
165
total
-
-
-
260
Employee
176
-
1 030
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
income
18
-
103
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

15
-
31
-
health
8
-
16
-
total
43
-
154
-
Employer
176
-
1 030
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

19
-
39
-
health
12
-
24
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
unemployment
1
-
2
-
total
34
-
69
-
Corporate
889
1 100
-
-
income
89
110
-
-
total
89
110
-
-
Dividends
800
990
-
-
withholding
40
49
-
-
total
40
49
-
-
Income
1 100
1 100
1 100
1 100
Total tax
206
159
223
260
After tax
894
941
877
840
Living cost
133
133
133
133
Free-cash
761
808
744
707

Estimated living cost  is €133 per week

€78
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€10
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€42
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Larnaca , Cyprus
€539
€515
€533
€570
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 100
health
-
-
-
28
social contributions
-
-
-
164
income
-
-
-
134
total
-
-
-
326
Employee
779
779
999
-
income
85
72
131
-
social contributions
29
65
83
-
health
6
13
17
-
total
120
150
231
-
Employer
779
779
999
-
social contributions
29
65
83
-
health
7
14
18
-
total
36
79
101
-
Corporate
709
242
-
-
income
89
30
-
-
total
89
30
-
-
Dividends
620
211
-
-
withholding
105
36
-
-
total
105
36
-
-
Income
1 100
1 100
1 100
1 100
Total tax
350
295
332
326
After tax
750
805
768
774
Living cost
235
235
235
235
Free-cash
515
570
533
539

Estimated living cost  is €235 per week

€141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€23
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€66
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Limassol , Cyprus
€445
€433
€439
€476
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 100
health
-
-
-
28
social contributions
-
-
-
164
income
-
-
-
134
total
-
-
-
326
Employee
779
779
999
-
income
82
72
131
-
social contributions
38
65
83
-
health
8
13
17
-
total
128
150
231
-
Employer
779
779
999
-
social contributions
38
65
83
-
health
8
14
18
-
total
46
79
101
-
Corporate
598
242
-
-
income
75
30
-
-
total
75
30
-
-
Dividends
523
211
-
-
withholding
89
36
-
-
total
89
36
-
-
Income
1 100
1 100
1 100
1 100
Total tax
338
295
332
326
After tax
762
805
768
774
Living cost
329
329
329
329
Free-cash
433
476
439
445

Estimated living cost  is €329 per week

€225
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€26
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€73
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Brno , Czech Republic
€301
€441
€324
€523
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 100
health
-
-
-
149
social contributions
-
-
-
321
income
-
-
-
95
solidarity contribution
-
-
-
-
total
-
-
-
565
Employee
344
-
821
-
income
41
-
99
-
social contributions
22
-
53
-
health
46
-
111
-
solidarity contribution
-
-
-
-
total
109
-
263
-
Employer
344
-
821
-
social contributions
86
-
205
-
health
31
-
74
-
total
117
-
279
-
Corporate
639
1 100
-
-
income
121
209
-
-
total
121
209
-
-
Dividends
517
891
-
-
withholding
78
134
-
-
total
78
134
-
-
Income
1 100
1 100
1 100
1 100
Total tax
425
343
542
565
After tax
675
757
558
535
Living cost
234
234
234
234
Free-cash
441
523
324
301

Estimated living cost  is €234 per week

€163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€50
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Prague , Czech Republic
€246
€365
€269
€468
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 100
health
-
-
-
149
social contributions
-
-
-
321
income
-
-
-
95
solidarity contribution
-
-
-
-
total
-
-
-
565
Employee
424
-
821
-
income
51
-
99
-
social contributions
28
-
53
-
health
57
-
111
-
solidarity contribution
-
-
-
-
total
136
-
263
-
Employer
424
-
821
-
social contributions
106
-
205
-
health
38
-
74
-
total
144
-
279
-
Corporate
531
1 100
-
-
income
101
209
-
-
total
101
209
-
-
Dividends
430
891
-
-
withholding
65
134
-
-
total
65
134
-
-
Income
1 100
1 100
1 100
1 100
Total tax
446
343
542
565
After tax
654
757
558
535
Living cost
289
289
289
289
Free-cash
365
468
269
246

Estimated living cost  is €289 per week

€215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€16
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€53
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Copenhagen , Denmark
€187
-€1115
-€1115
-€1115
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 100
national
-
-
-
118
pensions
-
-
-
9
municipal
-
-
-
209
labour market
-
-
-
87
total
-
-
-
423
Employee
2 066
2 066
2 066
-
municipal
440
440
440
-
national
252
252
252
-
pensions
3
3
3
-
labour market
165
165
165
-
total
860
860
860
-
Employer
2 066
2 066
2 066
-
pensions
6
6
6
-
labour market
165
165
165
-
municipal
441
441
441
-
national
253
253
253
-
total
865
865
865
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
1 100
1 100
1 100
1 100
Total tax
1 725
1 725
1 725
423
After tax
-625
-625
-625
677
Living cost
490
490
490
490
Free-cash
-1 115
-1 115
-1 115
187

Estimated living cost  is €490 per week

€335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€43
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Tallinn , Estonia
€345
€572
€390
€635
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 100
health
-
-
-
143
pensions
-
-
-
220
income
-
-
-
147
total
-
-
-
510
Employee
287
-
822
-
unemployment
5
-
13
-
income
32
-
158
-
pensions
6
-
16
-
total
43
-
187
-
Employer
287
-
822
-
pensions
58
-
164
-
health
37
-
107
-
unemployment
2
-
7
-
total
97
-
278
-
Corporate
715
1 100
-
-
income
143
220
-
-
total
143
220
-
-
Dividends
572
880
-
-
total
-
-
-
-
Income
1 100
1 100
1 100
1 100
Total tax
283
220
465
510
After tax
817
880
635
590
Living cost
245
245
245
245
Free-cash
572
635
390
345

Estimated living cost  is €245 per week

€168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€57
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Helsinki , Finland
€382
€324
€232
€336
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
1 100
national
-
-
-
120
health
-
-
-
13
municipal
-
-
-
196
total
-
-
-
329
Employee
533
-
925
-
unemployment
8
-
14
-
municipal
87
-
151
-
national
9
-
67
-
pensions
36
-
62
-
health
4
-
10
-
total
144
-
304
-
Employer
533
-
925
-
pensions
92
-
161
-
health
4
-
7
-
accident
1
-
1
-
unemployment
3
-
6
-
total
100
-
175
-
Corporate
466
1 100
-
-
income
93
220
-
-
total
93
220
-
-
Dividends

Finish residents use 75% of income from dividends as a base for income tax.

280
660
-
-
municipal
50
119
-
-
national
-
36
-
-
total
50
155
-
-
Income
1 100
1 100
1 100
1 100
Total tax
387
375
479
329
After tax
713
725
621
771
Living cost
389
389
389
389
Free-cash
324
336
232
382

Estimated living cost  is €389 per week

€254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€37
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€91
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Source of data for Helsinki model

Close
Marseille , France
€320
€298
€368
€243
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 100
surtax
-
-
-
-
health
-
-
-
25
pensions
-
-
-
261
social contributions
-
-
-
31
income
-
-
-
117
other
-
-
-
34
total
-
-
-
468
Employee
387
-
888
-
income
20
-
138
-
surtax
-
-
-
-
social contributions
11
-
25
-
pensions
44
-
45
-
total
75
-
208
-
Employer
387
-
888
-
pensions
64
-
79
-
social contributions
1
-
3
-
other
13
-
31
-
health
27
-
63
-
unemployment
16
-
36
-
total
121
-
212
-
Corporate
592
1 100
-
-
income
166
308
-
-
surtax
-
-
-
-
total
166
308
-
-
Dividends
426
792
-
-
withholding
55
101
-
-
social contributions
73
136
-
-
surtax
-
-
-
-
total
128
237
-
-
Income
1 100
1 100
1 100
1 100
Total tax
490
545
420
468
After tax
610
555
680
632
Living cost
312
312
312
312
Free-cash
298
243
368
320

Estimated living cost  is €312 per week

€181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€32
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€94
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Nice , France
€285
€267
€333
€208
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 100
surtax
-
-
-
-
health
-
-
-
25
pensions
-
-
-
261
social contributions
-
-
-
31
income
-
-
-
117
other
-
-
-
34
total
-
-
-
468
Employee
434
-
888
-
income
26
-
138
-
surtax
-
-
-
-
social contributions
12
-
25
-
pensions
49
-
45
-
total
87
-
208
-
Employer
434
-
888
-
pensions
71
-
79
-
social contributions
1
-
3
-
other
15
-
31
-
health
30
-
63
-
unemployment
18
-
36
-
total
135
-
212
-
Corporate
531
1 100
-
-
income
149
308
-
-
surtax
-
-
-
-
total
149
308
-
-
Dividends
382
792
-
-
withholding
49
101
-
-
social contributions
66
136
-
-
surtax
-
-
-
-
total
115
237
-
-
Income
1 100
1 100
1 100
1 100
Total tax
486
545
420
468
After tax
614
555
680
632
Living cost
347
347
347
347
Free-cash
267
208
333
285

Estimated living cost  is €347 per week

€219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€28
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€94
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Paris , France
€143
€135
€191
€66
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 100
surtax
-
-
-
-
health
-
-
-
25
pensions
-
-
-
261
social contributions
-
-
-
31
income
-
-
-
117
other
-
-
-
34
total
-
-
-
468
Employee
635
-
888
-
income
55
-
138
-
surtax
-
-
-
-
social contributions
18
-
25
-
pensions
72
-
45
-
total
145
-
208
-
Employer
635
-
888
-
pensions
104
-
79
-
social contributions
2
-
3
-
other
22
-
31
-
health
44
-
63
-
unemployment
26
-
36
-
total
198
-
212
-
Corporate
267
1 100
-
-
income
75
308
-
-
surtax
-
-
-
-
total
75
308
-
-
Dividends
192
792
-
-
withholding
25
101
-
-
social contributions
33
136
-
-
surtax
-
-
-
-
total
58
237
-
-
Income
1 100
1 100
1 100
1 100
Total tax
476
545
420
468
After tax
624
555
680
632
Living cost
489
489
489
489
Free-cash
135
66
191
143

Estimated living cost  is €489 per week

€331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€40
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Batumi , Georgia
€1024
€968
€815
€980
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
1 100
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
11
total
-
-
-
11
Employee
82
-
1 100
-
income
16
-
220
-
total
16
-
220
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

1 018
1 100
-
-
total
-
-
-
-
Dividends
1 018
1 100
-
-
withholding
51
55
-
-
total
51
55
-
-
Income
1 100
1 100
1 100
1 100
Total tax
67
55
220
11
After tax
1 033
1 045
880
1 089
Living cost
65
65
65
65
Free-cash
968
980
815
1 024

Estimated living cost  is €65 per week

€41
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€5
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€2
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€18
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Tbilisi , Georgia
€987
€924
€778
€943
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
1 100
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
11
total
-
-
-
11
Employee
127
-
1 100
-
income
25
-
220
-
total
25
-
220
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

973
1 100
-
-
total
-
-
-
-
Dividends
973
1 100
-
-
withholding
49
55
-
-
total
49
55
-
-
Income
1 100
1 100
1 100
1 100
Total tax
74
55
220
11
After tax
1 026
1 045
880
1 089
Living cost
102
102
102
102
Free-cash
924
943
778
987

Estimated living cost  is €102 per week

€69
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€4
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€25
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Berlin , Germany
€290
€310
€380
€177
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
1 100
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
14
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
69
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
246
trade
-
-
-
90
total
-
-
-
419
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

504
-
1 100
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

41
-
246
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

2
-
14
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

69
-
69
-
total
112
-
329
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
596
1 100
-
-
trade
86
158
-
-
income
89
165
-
-
chamber of commerce
2
3
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

5
9
-
-
total
182
335
-
-
Dividends
414
765
-
-
withholding
100
187
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

5
10
-
-
total
105
197
-
-
Income
1 100
1 100
1 100
1 100
Total tax
399
532
329
419
After tax
701
568
771
681
Living cost
391
391
391
391
Free-cash
310
177
380
290

Estimated living cost  is €391 per week

€270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€42
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€74
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dresden , Germany
€365
€361
€464
€249
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
1 100
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
14
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
69
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
246
trade
-
-
-
99
total
-
-
-
428
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

388
-
1 100
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

11
-
246
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1
-
14
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

69
-
69
-
total
81
-
329
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
712
1 100
-
-
trade
112
173
-
-
income
107
165
-
-
chamber of commerce
3
3
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

6
9
-
-
total
228
350
-
-
Dividends
485
750
-
-
withholding
117
184
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

6
10
-
-
total
123
194
-
-
Income
1 100
1 100
1 100
1 100
Total tax
432
544
329
428
After tax
668
556
771
672
Living cost
307
307
307
307
Free-cash
361
249
464
365

Estimated living cost  is €307 per week

€193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€36
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€72
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Hamburg , Germany
€270
€296
€373
€152
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
1 100
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
14
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
69
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
246
trade
-
-
-
103
total
-
-
-
432
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

514
-
1 100
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

44
-
246
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

2
-
14
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

69
-
69
-
total
115
-
329
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
586
1 100
-
-
trade
96
181
-
-
income
88
165
-
-
chamber of commerce
2
3
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

5
9
-
-
total
191
358
-
-
Dividends
395
742
-
-
withholding
95
182
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

5
10
-
-
total
100
192
-
-
Income
1 100
1 100
1 100
1 100
Total tax
406
550
329
432
After tax
694
550
771
668
Living cost
398
398
398
398
Free-cash
296
152
373
270

Estimated living cost  is €398 per week

€266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€42
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€84
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Munich , Germany
€199
€245
€307
€80
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
1 100
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
14
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
69
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
246
trade
-
-
-
108
total
-
-
-
437
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

609
-
1 100
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

72
-
246
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

4
-
14
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

69
-
69
-
total
145
-
329
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
491
1 100
-
-
trade
84
189
-
-
income
74
165
-
-
chamber of commerce
2
3
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

4
9
-
-
total
164
366
-
-
Dividends
327
734
-
-
withholding
78
180
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

4
10
-
-
total
82
190
-
-
Income
1 100
1 100
1 100
1 100
Total tax
391
556
329
437
After tax
709
544
771
663
Living cost
464
464
464
464
Free-cash
245
80
307
199

Estimated living cost  is €464 per week

€339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€37
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€82
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Athens , Greece
€326
€430
€308
€464
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 100
surtax
-
-
-
28
unemployment
-
-
-
2
health
-
-
-
78
pensions
-
-
-
220
income
-
-
-
218
other
-
-
-
-
total
-
-
-
546
Employee
341
-
909
-
unemployment
24
-
63
-
other
-
-
-
-
income
57
-
201
-
surtax
1
-
25
-
pensions
23
-
61
-
health
9
-
23
-
total
114
-
373
-
Employer
341
-
909
-
pensions
46
-
121
-
other
-
-
-
-
health
16
-
41
-
unemployment
11
-
29
-
total
73
-
191
-
Corporate
687
1 100
-
-
income
179
286
-
-
total
179
286
-
-
Dividends
508
814
-
-
withholding
76
122
-
-
total
76
122
-
-
Income
1 100
1 100
1 100
1 100
Total tax
442
408
564
546
After tax
658
692
536
554
Living cost
228
228
228
228
Free-cash
430
464
308
326

Estimated living cost  is €228 per week

€137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€65
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Thessaloniki , Greece
€330
€436
€312
€468
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 100
surtax
-
-
-
28
unemployment
-
-
-
2
health
-
-
-
78
pensions
-
-
-
220
income
-
-
-
218
other
-
-
-
-
total
-
-
-
546
Employee
335
-
909
-
unemployment
23
-
63
-
other
-
-
-
-
income
56
-
201
-
surtax
1
-
25
-
pensions
22
-
61
-
health
9
-
23
-
total
111
-
373
-
Employer
335
-
909
-
pensions
45
-
121
-
other
-
-
-
-
health
15
-
41
-
unemployment
11
-
29
-
total
71
-
191
-
Corporate
694
1 100
-
-
income
181
286
-
-
total
181
286
-
-
Dividends
514
814
-
-
withholding
77
122
-
-
total
77
122
-
-
Income
1 100
1 100
1 100
1 100
Total tax
440
408
564
546
After tax
660
692
536
554
Living cost
224
224
224
224
Free-cash
436
468
312
330

Estimated living cost  is €224 per week

€137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€21
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€61
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Budapest , Hungary
€560
€421
€435
€417
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 100
unemployment
-
-
-
16
health
-
-
-
77
pensions
-
-
-
110
income
-
-
-
134
total
-
-
-
337
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

293
117
921
-
unemployment
4
2
14
-
income
36
14
113
-
pensions
29
12
92
-
health
20
8
64
-
total
89
36
283
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

293
117
921
-
pensions
57
23
179
-
total
57
23
179
-
Corporate
750
961
-
-
income
68
86
-
-
total
68
86
-
-
Dividends
683
874
-
-
withholding
130
166
-
-
social contributions
132
169
-
-
total
262
335
-
-
Income
1 100
1 100
1 100
1 100
Total tax
476
480
462
337
After tax
624
620
638
763
Living cost
203
203
203
203
Free-cash
421
417
435
560

Estimated living cost  is €203 per week

€138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€44
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Reykjavik , Iceland
€171
€189
€179
€197
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 100
national
-
-
-
180
pensions
-
-
-
132
social contributions
-
-
-
12
municipal
-
-
-
116
total
-
-
-
440
Employee
758
-
951
-
municipal
94
-
121
-
national
145
-
187
-
pensions
30
-
38
-
total
269
-
346
-
Employer
758
-
951
-
pensions
61
-
76
-
social contributions
8
-
10
-
total
69
-
86
-
Corporate
223
1 100
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

45
220
-
-
total
45
220
-
-
Dividends
179
880
-
-
withholding
39
194
-
-
total
39
194
-
-
Income
1 100
1 100
1 100
1 100
Total tax
422
414
432
440
After tax
678
686
668
660
Living cost
489
489
489
489
Free-cash
189
197
179
171

Estimated living cost  is €489 per week

€332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€45
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Dublin , Ireland
€151
€215
€151
€193
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 100
social contributions
-
-
-
100
income
-
-
-
272
total
-
-
-
372
Employee
793
-
1 100
-
social contributions
66
-
100
-
income
150
-
272
-
total
216
-
372
-
Employer
793
-
1 100
-
total
-
-
-
-
Corporate
307
1 100
-
-
income
38
138
-
-
total
38
138
-
-
Dividends
269
962
-
-
withholding
54
192
-
-
total
54
192
-
-
Income
1 100
1 100
1 100
1 100
Total tax
308
330
372
372
After tax
792
770
728
728
Living cost
577
577
577
577
Free-cash
215
193
151
151

Estimated living cost  is €577 per week

€439
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€47
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€86
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Milan , Italy
€130
€106
€78
€159
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 100
national
-
-
-
240
regional
-
-
-
12
social contributions
-
-
-
283
municipal
-
-
-
7
total
-
-
-
542
Employee
901
-
1 100
-
municipal
5
-
6
-
national
156
-
206
-
social contributions
304
-
371
-
regional
8
-
11
-
total
473
-
594
-
Employer
901
-
1 100
-
total
-
-
-
-
Corporate
199
1 100
-
-
nationa
48
264
-
-
municipal
8
43
-
-
total
56
307
-
-
Dividends
144
793
-
-
withholding
37
206
-
-
total
37
206
-
-
Income
1 100
1 100
1 100
1 100
Total tax
566
513
594
542
After tax
534
587
506
558
Living cost
428
428
428
428
Free-cash
106
159
78
130

Estimated living cost  is €428 per week

€298
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€28
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€95
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Naples , Italy
€280
€282
€229
€305
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 100
national
-
-
-
240
regional
-
-
-
17
social contributions
-
-
-
283
municipal
-
-
-
7
total
-
-
-
547
Employee
562
-
1 100
-
municipal
3
-
6
-
national
89
-
206
-
social contributions
190
-
371
-
regional
8
-
15
-
total
290
-
598
-
Employer
562
-
1 100
-
total
-
-
-
-
Corporate
538
1 100
-
-
nationa
129
264
-
-
municipal
27
55
-
-
total
156
319
-
-
Dividends
382
781
-
-
withholding
99
203
-
-
total
99
203
-
-
Income
1 100
1 100
1 100
1 100
Total tax
545
522
598
547
After tax
555
578
502
553
Living cost
273
273
273
273
Free-cash
282
305
229
280

Estimated living cost  is €273 per week

€170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€28
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€71
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model