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
€ 1250
per

Your estimated
City
free-cash

Andorra , Andorra
€634
€787
€667
€820
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
-
-
-
1 250
social contributions
-
-
-
275
income
-
-
-
36
total
-
-
-
311
Employee
326
-
1 082
-
social contributions
21
-
70
-
income
-
-
40
-
total
21
-
110
-
Employer
326
-
1 082
-
social contributions
50
-
168
-
total
50
-
168
-
Corporate
874
1 250
-
-
income
87
125
-
-
total
87
125
-
-
Dividends
786
1 125
-
-
total
-
-
-
-
Income
1 250
1 250
1 250
1 250
Total tax
158
125
278
311
After tax
1 092
1 125
972
939
Living cost
305
305
305
305
Free-cash
787
820
667
634

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.

Graz , Austria
€302
€371
€25
€375
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
-
-
-
1 250
surtax
-
-
-
-
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
5
pensions
-
-
-
219
income
-
-
-
248
total
-
-
-
625
Employee
443
404
971
-
unemployment
13
12
29
-
other
4
4
10
-
income
39
30
213
-
pensions
45
41
99
-
health
17
16
38
-
total
118
103
389
-
Employer
443
404
971
-
pensions
56
51
122
-
surtax
-
-
-
-
payroll
13
12
29
-
other
21
19
46
-
health
17
15
37
-
accident
6
5
13
-
unemployment
13
12
29
-
chamber of commerce
2
2
4
-
total
128
116
280
-
Corporate
680
730
932
-
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.

170
182
233
-
total
170
182
233
-
Dividends
510
547
-
-
withholding
140
151
-
-
total
140
151
-
-
Income
1 250
1 250
1 250
1 250
Total tax
556
552
902
625
After tax
694
698
348
625
Living cost
323
323
323
323
Free-cash
371
375
25
302

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.

Vienna , Austria
€266
€323
-€10
€340
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
-
-
-
1 250
surtax
-
-
-
2
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
5
pensions
-
-
-
219
income
-
-
-
248
total
-
-
-
627
Employee
506
404
969
-
unemployment
15
12
29
-
other
5
4
10
-
income
58
30
212
-
pensions
52
41
99
-
health
20
16
38
-
total
150
103
388
-
Employer
506
404
969
-
pensions
64
51
122
-
surtax
2
2
2
-
payroll
15
12
29
-
other
24
19
46
-
health
19
15
37
-
accident
7
5
13
-
unemployment
15
12
29
-
chamber of commerce
2
2
4
-
total
148
118
282
-
Corporate
596
728
931
-
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.

149
182
233
-
total
149
182
233
-
Dividends
447
546
-
-
withholding
123
150
-
-
total
123
150
-
-
Income
1 250
1 250
1 250
1 250
Total tax
570
553
903
627
After tax
680
697
347
623
Living cost
357
357
357
357
Free-cash
323
340
-10
266

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.

Brussels , Belgium
€192
€180
€100
€330
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
-
-
-
1 250
national
-
-
-
426
communal

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

-
-
-
63
social contributions
-
-
-
199
total
-
-
-
688
Employee

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

725
-
968
-
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
-
8
-
national
223
-
321
-
communal

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

38
-
50
-
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
-
73
-
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
-
46
-
total
355
-
498
-
Employer

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

725
-
968
-
surtax
82
-
110
-
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
-
86
-
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
-
60
-
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
-
13
-
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
-
14
-
total
211
-
283
-
Corporate
314
1 250
-
-
income
63
250
-
-
surtax
1
5
-
-
total
64
255
-
-
Dividends
250
995
-
-
withholding

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

71
295
-
-
total
71
295
-
-
Income
1 250
1 250
1 250
1 250
Total tax
701
550
781
688
After tax
549
700
469
562
Living cost
370
370
370
370
Free-cash
180
330
100
192

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
Sofia , Bulgaria
€795
€833
€838
€895
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
-
-
-
1 250
unemployment
-
-
-
1
health
-
-
-
41
pensions

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

-
-
-
52
income
-
-
-
187
total
-
-
-
281
Employee
231
-
1 181
-
accident

We are using the highest rate at 1.1%.

3
-
4
-
income
23
-
118
-
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
-
169
-
Employer
231
-
1 181
-
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
974
1 250
-
-
income
97
125
-
-
total
97
125
-
-
Dividends
876
1 125
-
-
withholding
44
56
-
-
total
44
56
-
-
Income
1 250
1 250
1 250
1 250
Total tax
243
181
238
281
After tax
1 007
1 069
1 012
969
Living cost
174
174
174
174
Free-cash
833
895
838
795

Estimated living cost  is €174 per week

€115
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
Varna , Bulgaria
€836
€889
€879
€936
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
-
-
-
1 250
unemployment
-
-
-
1
health
-
-
-
41
pensions

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

-
-
-
52
income
-
-
-
187
total
-
-
-
281
Employee
176
-
1 181
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
income
18
-
118
-
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
-
169
-
Employer
176
-
1 181
-
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
1 040
1 250
-
-
income
104
125
-
-
total
104
125
-
-
Dividends
936
1 125
-
-
withholding
47
56
-
-
total
47
56
-
-
Income
1 250
1 250
1 250
1 250
Total tax
228
181
238
281
After tax
1 022
1 069
1 012
969
Living cost
133
133
133
133
Free-cash
889
936
879
836

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.
€9
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
Larnaca , Cyprus
€641
€624
€629
€679
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
-
-
-
1 250
health
-
-
-
32
social contributions
-
-
-
164
income
-
-
-
178
total
-
-
-
374
Employee
779
779
1 142
-
income
85
72
172
-
social contributions
29
65
87
-
health
6
13
19
-
total
120
150
278
-
Employer
779
779
1 142
-
social contributions
29
65
87
-
health
7
14
21
-
total
36
79
108
-
Corporate
859
392
-
-
income
107
49
-
-
total
107
49
-
-
Dividends
752
343
-
-
withholding
128
58
-
-
total
128
58
-
-
Income
1 250
1 250
1 250
1 250
Total tax
391
336
386
374
After tax
859
914
864
876
Living cost
235
235
235
235
Free-cash
624
679
629
641

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
Limassol , Cyprus
€547
€543
€535
€585
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
-
-
-
1 250
health
-
-
-
32
social contributions
-
-
-
164
income
-
-
-
178
total
-
-
-
374
Employee
779
779
1 142
-
income
82
72
172
-
social contributions
38
65
87
-
health
8
13
19
-
total
128
150
278
-
Employer
779
779
1 142
-
social contributions
38
65
87
-
health
8
14
21
-
total
46
79
108
-
Corporate
748
392
-
-
income
93
49
-
-
total
93
49
-
-
Dividends
654
343
-
-
withholding
111
58
-
-
total
111
58
-
-
Income
1 250
1 250
1 250
1 250
Total tax
378
336
386
374
After tax
872
914
864
876
Living cost
329
329
329
329
Free-cash
543
585
535
547

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
Brno , Czech Republic
€398
€543
€400
€627
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
-
-
-
1 250
health
-
-
-
169
social contributions
-
-
-
337
income
-
-
-
112
solidarity contribution
-
-
-
-
total
-
-
-
618
Employee
345
-
933
-
income
41
-
112
-
social contributions
22
-
61
-
health
47
-
126
-
solidarity contribution
-
-
-
-
total
110
-
299
-
Employer
345
-
933
-
social contributions
86
-
233
-
health
31
-
84
-
total
117
-
317
-
Corporate
788
1 250
-
-
income
150
237
-
-
total
150
237
-
-
Dividends
638
1 013
-
-
withholding
96
152
-
-
total
96
152
-
-
Income
1 250
1 250
1 250
1 250
Total tax
473
389
616
618
After tax
777
861
634
632
Living cost
234
234
234
234
Free-cash
543
627
400
398

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
Prague , Czech Republic
€343
€469
€345
€572
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
-
-
-
1 250
health
-
-
-
169
social contributions
-
-
-
337
income
-
-
-
112
solidarity contribution
-
-
-
-
total
-
-
-
618
Employee
425
-
933
-
income
51
-
112
-
social contributions
28
-
61
-
health
57
-
126
-
solidarity contribution
-
-
-
-
total
136
-
299
-
Employer
425
-
933
-
social contributions
106
-
233
-
health
38
-
84
-
total
144
-
317
-
Corporate
681
1 250
-
-
income
129
237
-
-
total
129
237
-
-
Dividends
551
1 013
-
-
withholding
83
152
-
-
total
83
152
-
-
Income
1 250
1 250
1 250
1 250
Total tax
492
389
616
618
After tax
758
861
634
632
Living cost
289
289
289
289
Free-cash
469
572
345
343

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
Copenhagen , Denmark
€273
-€964
-€964
-€964
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
-
-
-
1 250
national
-
-
-
136
pensions
-
-
-
9
municipal
-
-
-
244
labour market
-
-
-
99
total
-
-
-
488
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
1 250
1 250
1 250
1 250
Total tax
1 725
1 725
1 725
488
After tax
-475
-475
-475
762
Living cost
489
489
489
489
Free-cash
-964
-964
-964
273

Estimated living cost  is €489 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
Tallinn , Estonia
€425
€692
€476
€755
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
-
-
-
1 250
health
-
-
-
162
pensions
-
-
-
250
income
-
-
-
168
total
-
-
-
580
Employee
287
-
934
-
unemployment
5
-
15
-
income
32
-
180
-
pensions
6
-
19
-
total
43
-
214
-
Employer
287
-
934
-
pensions
58
-
187
-
health
37
-
121
-
unemployment
2
-
7
-
total
97
-
315
-
Corporate
865
1 250
-
-
income
173
250
-
-
total
173
250
-
-
Dividends
692
1 000
-
-
total
-
-
-
-
Income
1 250
1 250
1 250
1 250
Total tax
313
250
529
580
After tax
937
1 000
721
670
Living cost
245
245
245
245
Free-cash
692
755
476
425

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
Helsinki , Finland
€472
€425
€300
€424
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

-
-
-
1 250
national
-
-
-
152
health
-
-
-
15
municipal
-
-
-
222
total
-
-
-
389
Employee
533
-
1 052
-
unemployment
8
-
16
-
municipal
87
-
172
-
national
9
-
92
-
pensions
36
-
71
-
health
4
-
12
-
total
144
-
363
-
Employer
533
-
1 052
-
pensions
92
-
182
-
health
4
-
8
-
accident
1
-
1
-
unemployment
3
-
7
-
total
100
-
198
-
Corporate
616
1 250
-
-
income
123
250
-
-
total
123
250
-
-
Dividends

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

370
750
-
-
municipal
67
135
-
-
national
2
52
-
-
total
69
187
-
-
Income
1 250
1 250
1 250
1 250
Total tax
436
437
561
389
After tax
814
813
689
861
Living cost
389
389
389
389
Free-cash
425
424
300
472

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.

Marseille , France
€400
€374
€437
€318
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
-
-
-
1 250
surtax
-
-
-
-
health
-
-
-
36
pensions
-
-
-
274
social contributions
-
-
-
36
income
-
-
-
153
other
-
-
-
39
total
-
-
-
538
Employee
387
-
998
-
income
20
-
166
-
surtax
-
-
-
-
social contributions
11
-
28
-
pensions
44
-
56
-
total
75
-
250
-
Employer
387
-
998
-
pensions
64
-
97
-
social contributions
1
-
3
-
other
13
-
34
-
health
27
-
77
-
unemployment
16
-
40
-
total
121
-
251
-
Corporate
742
1 250
-
-
income
208
350
-
-
surtax
-
-
-
-
total
208
350
-
-
Dividends
534
900
-
-
withholding
68
115
-
-
social contributions
92
155
-
-
surtax
-
-
-
-
total
160
270
-
-
Income
1 250
1 250
1 250
1 250
Total tax
564
620
501
538
After tax
686
630
749
712
Living cost
312
312
312
312
Free-cash
374
318
437
400

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
Nice , France
€365
€343
€402
€283
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
-
-
-
1 250
surtax
-
-
-
-
health
-
-
-
36
pensions
-
-
-
274
social contributions
-
-
-
36
income
-
-
-
153
other
-
-
-
39
total
-
-
-
538
Employee
434
-
998
-
income
26
-
166
-
surtax
-
-
-
-
social contributions
12
-
28
-
pensions
49
-
56
-
total
87
-
250
-
Employer
434
-
998
-
pensions
71
-
97
-
social contributions
1
-
3
-
other
15
-
34
-
health
30
-
77
-
unemployment
18
-
40
-
total
135
-
251
-
Corporate
681
1 250
-
-
income
191
350
-
-
surtax
-
-
-
-
total
191
350
-
-
Dividends
490
900
-
-
withholding
63
115
-
-
social contributions
84
155
-
-
surtax
-
-
-
-
total
147
270
-
-
Income
1 250
1 250
1 250
1 250
Total tax
560
620
501
538
After tax
690
630
749
712
Living cost
347
347
347
347
Free-cash
343
283
402
365

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
Paris , France
€223
€211
€260
€141
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
-
-
-
1 250
surtax
-
-
-
-
health
-
-
-
36
pensions
-
-
-
274
social contributions
-
-
-
36
income
-
-
-
153
other
-
-
-
39
total
-
-
-
538
Employee
635
-
998
-
income
55
-
166
-
surtax
-
-
-
-
social contributions
18
-
28
-
pensions
72
-
56
-
total
145
-
250
-
Employer
635
-
998
-
pensions
104
-
97
-
social contributions
2
-
3
-
other
22
-
34
-
health
44
-
77
-
unemployment
26
-
40
-
total
198
-
251
-
Corporate
417
1 250
-
-
income
117
350
-
-
surtax
-
-
-
-
total
117
350
-
-
Dividends
300
900
-
-
withholding
38
115
-
-
social contributions
52
155
-
-
surtax
-
-
-
-
total
90
270
-
-
Income
1 250
1 250
1 250
1 250
Total tax
550
620
501
538
After tax
700
630
749
712
Living cost
489
489
489
489
Free-cash
211
141
260
223

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
Batumi , Georgia
€1172
€1111
€935
€1123
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%.

-
-
-
1 250
microenterprise

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

-
-
-
13
total
-
-
-
13
Employee
81
-
1 250
-
income
16
-
250
-
total
16
-
250
-
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%.

1 169
1 250
-
-
total
-
-
-
-
Dividends
1 169
1 250
-
-
withholding
58
62
-
-
total
58
62
-
-
Income
1 250
1 250
1 250
1 250
Total tax
74
62
250
13
After tax
1 176
1 188
1 000
1 237
Living cost
65
65
65
65
Free-cash
1 111
1 123
935
1 172

Estimated living cost  is €65 per week

€40
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.

Tbilisi , Georgia
€1136
€1068
€899
€1087
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%.

-
-
-
1 250
microenterprise

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

-
-
-
13
total
-
-
-
13
Employee
126
-
1 250
-
income
25
-
250
-
total
25
-
250
-
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%.

1 124
1 250
-
-
total
-
-
-
-
Dividends
1 124
1 250
-
-
withholding
56
62
-
-
total
56
62
-
-
Income
1 250
1 250
1 250
1 250
Total tax
81
62
250
13
After tax
1 169
1 188
1 000
1 237
Living cost
101
101
101
101
Free-cash
1 068
1 087
899
1 136

Estimated living cost  is €101 per week

€68
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.

Berlin , Germany
€333
€386
€445
€253
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.

-
-
-
1 250
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.

-
-
-
18
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.

-
-
-
327
trade
-
-
-
112
total
-
-
-
526
Employee

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

504
-
1 250
-
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
-
327
-
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
-
18
-
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
-
414
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
746
1 250
-
-
trade
107
179
-
-
income
112
188
-
-
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
10
-
-
total
228
380
-
-
Dividends
518
869
-
-
withholding
126
214
-
-
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.

7
12
-
-
total
133
226
-
-
Income
1 250
1 250
1 250
1 250
Total tax
473
606
414
526
After tax
777
644
836
724
Living cost
391
391
391
391
Free-cash
386
253
445
333

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.

Dresden , Germany
€406
€436
€529
€324
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.

-
-
-
1 250
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.

-
-
-
18
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.

-
-
-
327
trade
-
-
-
123
total
-
-
-
537
Employee

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

388
-
1 250
-
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
-
327
-
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
-
18
-
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
-
414
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
862
1 250
-
-
trade
136
197
-
-
income
129
188
-
-
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.

7
10
-
-
total
275
398
-
-
Dividends
587
852
-
-
withholding
143
209
-
-
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.

8
12
-
-
total
151
221
-
-
Income
1 250
1 250
1 250
1 250
Total tax
507
619
414
537
After tax
743
631
836
713
Living cost
307
307
307
307
Free-cash
436
324
529
406

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.

Hamburg , Germany
€310
€370
€438
€227
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.

-
-
-
1 250
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.

-
-
-
18
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.

-
-
-
327
trade
-
-
-
128
total
-
-
-
542
Employee

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

514
-
1 250
-
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
-
327
-
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
-
18
-
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
-
414
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
736
1 250
-
-
trade
121
206
-
-
income
110
188
-
-
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
10
-
-
total
240
407
-
-
Dividends
496
843
-
-
withholding
120
207
-
-
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.

7
11
-
-
total
127
218
-
-
Income
1 250
1 250
1 250
1 250
Total tax
482
625
414
542
After tax
768
625
836
708
Living cost
398
398
398
398
Free-cash
370
227
438
310

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.

Munich , Germany
€238
€319
€372
€155
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.

-
-
-
1 250
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.

-
-
-
18
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.

-
-
-
327
trade
-
-
-
134
total
-
-
-
548
Employee

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

609
-
1 250
-
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
-
327
-
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
-
18
-
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
-
414
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
641
1 250
-
-
trade
110
214
-
-
income
96
188
-
-
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
10
-
-
total
213
415
-
-
Dividends
427
835
-
-
withholding
103
205
-
-
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
11
-
-
total
109
216
-
-
Income
1 250
1 250
1 250
1 250
Total tax
467
631
414
548
After tax
783
619
836
702
Living cost
464
464
464
464
Free-cash
319
155
372
238

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.

Athens , Greece
€378
€524
€357
€558
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
-
-
-
1 250
surtax
-
-
-
36
unemployment
-
-
-
2
health
-
-
-
89
pensions
-
-
-
250
income
-
-
-
267
other
-
-
-
-
total
-
-
-
644
Employee
341
-
1 033
-
unemployment
24
-
72
-
other
-
-
-
-
income
57
-
247
-
surtax
1
-
33
-
pensions
23
-
69
-
health
9
-
26
-
total
114
-
447
-
Employer
341
-
1 033
-
pensions
46
-
138
-
other
-
-
-
-
health
16
-
47
-
unemployment
11
-
33
-
total
73
-
218
-
Corporate
837
1 250
-
-
income
218
325
-
-
total
218
325
-
-
Dividends
619
925
-
-
withholding
93
139
-
-
total
93
139
-
-
Income
1 250
1 250
1 250
1 250
Total tax
498
464
665
644
After tax
752
786
585
606
Living cost
228
228
228
228
Free-cash
524
558
357
378

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
Thessaloniki , Greece
€382
€530
€361
€562
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
-
-
-
1 250
surtax
-
-
-
36
unemployment
-
-
-
2
health
-
-
-
89
pensions
-
-
-
250
income
-
-
-
267
other
-
-
-
-
total
-
-
-
644
Employee
335
-
1 033
-
unemployment
23
-
72
-
other
-
-
-
-
income
56
-
247
-
surtax
1
-
33
-
pensions
22
-
69
-
health
9
-
26
-
total
111
-
447
-
Employer
335
-
1 033
-
pensions
45
-
138
-
other
-
-
-
-
health
15
-
47
-
unemployment
11
-
33
-
total
71
-
218
-
Corporate
844
1 250
-
-
income
220
325
-
-
total
220
325
-
-
Dividends
625
925
-
-
withholding
94
139
-
-
total
94
139
-
-
Income
1 250
1 250
1 250
1 250
Total tax
496
464
665
644
After tax
754
786
585
606
Living cost
224
224
224
224
Free-cash
530
562
361
382

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
Budapest , Hungary
€663
€506
€521
€500
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
-
-
-
1 250
unemployment
-
-
-
19
health
-
-
-
87
pensions
-
-
-
125
income
-
-
-
153
total
-
-
-
384
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
116
1 046
-
unemployment
4
2
16
-
income
36
14
128
-
pensions
29
12
105
-
health
20
8
73
-
total
89
36
322
-
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
116
1 046
-
pensions
57
23
204
-
total
57
23
204
-
Corporate
900
1 111
-
-
income
81
100
-
-
total
81
100
-
-
Dividends
819
1 011
-
-
withholding
156
192
-
-
social contributions
158
196
-
-
total
314
388
-
-
Income
1 250
1 250
1 250
1 250
Total tax
541
547
526
384
After tax
709
703
724
866
Living cost
203
203
203
203
Free-cash
506
500
521
663

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
Reykjavik , Iceland
€257
€283
€266
€291
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
-
-
-
1 250
national
-
-
-
207
pensions
-
-
-
150
social contributions
-
-
-
13
municipal
-
-
-
134
total
-
-
-
504
Employee
759
-
1 081
-
municipal
94
-
139
-
national
145
-
215
-
pensions
30
-
43
-
total
269
-
397
-
Employer
759
-
1 081
-
pensions
61
-
86
-
social contributions
8
-
12
-
total
69
-
98
-
Corporate
372
1 250
-
-
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%.

74
250
-
-
total
74
250
-
-
Dividends
298
1 000
-
-
withholding
66
220
-
-
total
66
220
-
-
Income
1 250
1 250
1 250
1 250
Total tax
478
470
495
504
After tax
772
780
755
746
Living cost
489
489
489
489
Free-cash
283
291
266
257

Estimated living cost  is €489 per week

€333
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.

Dublin , Ireland
€225
€320
€225
€298
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
-
-
-
1 250
social contributions
-
-
-
116
income
-
-
-
332
total
-
-
-
448
Employee
793
-
1 250
-
social contributions
66
-
116
-
income
150
-
332
-
total
216
-
448
-
Employer
793
-
1 250
-
total
-
-
-
-
Corporate
457
1 250
-
-
income
57
156
-
-
total
57
156
-
-
Dividends
400
1 094
-
-
withholding
80
219
-
-
total
80
219
-
-
Income
1 250
1 250
1 250
1 250
Total tax
353
375
448
448
After tax
897
875
802
802
Living cost
577
577
577
577
Free-cash
320
298
225
225

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.

Milan , Italy
€197
€186
€137
€239
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
-
-
-
1 250
national
-
-
-
282
regional
-
-
-
14
social contributions
-
-
-
322
municipal
-
-
-
7
total
-
-
-
625
Employee
901
-
1 250
-
municipal
5
-
7
-
national
156
-
244
-
social contributions
304
-
422
-
regional
8
-
12
-
total
473
-
685
-
Employer
901
-
1 250
-
total
-
-
-
-
Corporate
349
1 250
-
-
nationa
84
300
-
-
municipal
14
49
-
-
total
98
349
-
-
Dividends
252
901
-
-
withholding
65
234
-
-
total
65
234
-
-
Income
1 250
1 250
1 250
1 250
Total tax
636
583
685
625
After tax
614
667
565
625
Living cost
428
428
428
428
Free-cash
186
239
137
197

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
Naples , Italy
€347
€361
€287
€384
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
-
-
-
1 250
national
-
-
-
282
regional
-
-
-
19
social contributions
-
-
-
322
municipal
-
-
-
7
total
-
-
-
630
Employee
562
-
1 250
-
municipal
3
-
7
-
national
89
-
244
-
social contributions
190
-
422
-
regional
8
-
17
-
total
290
-
690
-
Employer
562
-
1 250
-
total
-
-
-
-
Corporate
688
1 250
-
-
nationa
165
300
-
-
municipal
34
62
-
-
total
199
362
-
-
Dividends
489
888
-
-
withholding
127
231
-
-
total
127
231
-
-
Income
1 250
1 250
1 250
1 250
Total tax
616
593
690
630
After tax
634
657
560
620
Living cost
273
273
273
273
Free-cash
361
384
287
347

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