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
€ 1300
per

Your estimated
City
free-cash

Andorra , Andorra
€669
€832
€704
€865
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
-
-
-
1 300
social contributions
-
-
-
286
income
-
-
-
40
total
-
-
-
326
Employee
326
-
1 126
-
social contributions
21
-
73
-
income
-
-
44
-
total
21
-
117
-
Employer
326
-
1 126
-
social contributions
50
-
174
-
total
50
-
174
-
Corporate
924
1 300
-
-
income
92
130
-
-
total
92
130
-
-
Dividends
831
1 170
-
-
total
-
-
-
-
Income
1 300
1 300
1 300
1 300
Total tax
163
130
291
326
After tax
1 137
1 170
1 009
974
Living cost
305
305
305
305
Free-cash
832
865
704
669

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
€331
€399
€36
€402
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
-
-
-
1 300
surtax
-
-
-
-
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
5
pensions
-
-
-
219
income
-
-
-
269
total
-
-
-
646
Employee
443
404
1 009
-
unemployment
13
12
30
-
other
4
4
10
-
income
39
30
226
-
pensions
45
41
103
-
health
17
16
39
-
total
118
103
408
-
Employer
443
404
1 009
-
pensions
56
51
127
-
surtax
-
-
-
-
payroll
13
12
30
-
other
21
19
48
-
health
17
15
38
-
accident
6
5
13
-
unemployment
13
12
30
-
chamber of commerce
2
2
4
-
total
128
116
290
-
Corporate
730
780
971
-
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.

182
195
243
-
total
182
195
243
-
Dividends
547
585
-
-
withholding
150
161
-
-
total
150
161
-
-
Income
1 300
1 300
1 300
1 300
Total tax
578
575
941
646
After tax
722
725
359
654
Living cost
323
323
323
323
Free-cash
399
402
36
331

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
€295
€351
€2
€368
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
-
-
-
1 300
surtax
-
-
-
2
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
5
pensions
-
-
-
219
income
-
-
-
269
total
-
-
-
648
Employee
506
404
1 008
-
unemployment
15
12
30
-
other
5
4
10
-
income
58
30
226
-
pensions
52
41
103
-
health
20
16
39
-
total
150
103
408
-
Employer
506
404
1 008
-
pensions
64
51
126
-
surtax
2
2
2
-
payroll
15
12
30
-
other
24
19
48
-
health
19
15
38
-
accident
7
5
13
-
unemployment
15
12
30
-
chamber of commerce
2
2
4
-
total
148
118
291
-
Corporate
646
778
969
-
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.

161
194
242
-
total
161
194
242
-
Dividends
484
583
-
-
withholding
133
160
-
-
total
133
160
-
-
Income
1 300
1 300
1 300
1 300
Total tax
592
575
941
648
After tax
708
725
359
652
Living cost
357
357
357
357
Free-cash
351
368
2
295

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
€212
€208
€114
€358
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
-
-
-
1 300
national
-
-
-
447
communal

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

-
-
-
66
social contributions
-
-
-
206
total
-
-
-
719
Employee

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

725
-
1 007
-
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
-
9
-
national
223
-
338
-
communal

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

38
-
53
-
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
-
76
-
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
-
47
-
total
355
-
523
-
Employer

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

725
-
1 007
-
surtax
82
-
114
-
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
-
89
-
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
-
62
-
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
-
15
-
total
211
-
293
-
Corporate
364
1 300
-
-
income
73
260
-
-
surtax
1
5
-
-
total
74
265
-
-
Dividends
290
1 035
-
-
withholding

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

83
307
-
-
total
83
307
-
-
Income
1 300
1 300
1 300
1 300
Total tax
723
572
816
719
After tax
577
728
484
581
Living cost
370
370
370
370
Free-cash
208
358
114
212

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
€837
€876
€883
€937
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
-
-
-
1 300
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
-
-
-
195
total
-
-
-
289
Employee
231
-
1 231
-
accident

We are using the highest rate at 1.1%.

3
-
4
-
income
23
-
123
-
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
-
174
-
Employer
231
-
1 231
-
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
1 024
1 300
-
-
income
102
130
-
-
total
102
130
-
-
Dividends
921
1 170
-
-
withholding
46
59
-
-
total
46
59
-
-
Income
1 300
1 300
1 300
1 300
Total tax
250
189
243
289
After tax
1 050
1 111
1 057
1 011
Living cost
174
174
174
174
Free-cash
876
937
883
837

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
€878
€932
€924
€978
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
-
-
-
1 300
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
-
-
-
195
total
-
-
-
289
Employee
176
-
1 231
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
income
18
-
123
-
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
-
174
-
Employer
176
-
1 231
-
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
1 089
1 300
-
-
income
109
130
-
-
total
109
130
-
-
Dividends
980
1 170
-
-
withholding
49
59
-
-
total
49
59
-
-
Income
1 300
1 300
1 300
1 300
Total tax
235
189
243
289
After tax
1 065
1 111
1 057
1 011
Living cost
133
133
133
133
Free-cash
932
978
924
878

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
€675
€660
€662
€715
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
-
-
-
1 300
health
-
-
-
33
social contributions
-
-
-
164
income
-
-
-
193
total
-
-
-
390
Employee
779
779
1 191
-
income
85
72
187
-
social contributions
29
65
87
-
health
6
13
20
-
total
120
150
294
-
Employer
779
779
1 191
-
social contributions
29
65
87
-
health
7
14
22
-
total
36
79
109
-
Corporate
909
442
-
-
income
114
55
-
-
total
114
55
-
-
Dividends
795
386
-
-
withholding
135
66
-
-
total
135
66
-
-
Income
1 300
1 300
1 300
1 300
Total tax
405
350
403
390
After tax
895
950
897
910
Living cost
235
235
235
235
Free-cash
660
715
662
675

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
€581
€578
€568
€621
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
-
-
-
1 300
health
-
-
-
33
social contributions
-
-
-
164
income
-
-
-
193
total
-
-
-
390
Employee
779
779
1 191
-
income
82
72
187
-
social contributions
38
65
87
-
health
8
13
20
-
total
128
150
294
-
Employer
779
779
1 191
-
social contributions
38
65
87
-
health
8
14
22
-
total
46
79
109
-
Corporate
798
442
-
-
income
100
55
-
-
total
100
55
-
-
Dividends
698
386
-
-
withholding
119
66
-
-
total
119
66
-
-
Income
1 300
1 300
1 300
1 300
Total tax
393
350
403
390
After tax
907
950
897
910
Living cost
329
329
329
329
Free-cash
578
621
568
581

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
€436
€579
€426
€661
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
-
-
-
1 300
health
-
-
-
176
social contributions
-
-
-
336
income
-
-
-
118
solidarity contribution
-
-
-
-
total
-
-
-
630
Employee
344
-
970
-
income
41
-
116
-
social contributions
22
-
63
-
health
46
-
131
-
solidarity contribution
-
-
-
-
total
109
-
310
-
Employer
344
-
970
-
social contributions
86
-
243
-
health
31
-
87
-
total
117
-
330
-
Corporate
839
1 300
-
-
income
159
247
-
-
total
159
247
-
-
Dividends
680
1 053
-
-
withholding
102
158
-
-
total
102
158
-
-
Income
1 300
1 300
1 300
1 300
Total tax
487
405
640
630
After tax
813
895
660
670
Living cost
234
234
234
234
Free-cash
579
661
426
436

Estimated living cost  is €234 per week

€162
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
€382
€504
€372
€607
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
-
-
-
1 300
health
-
-
-
176
social contributions
-
-
-
336
income
-
-
-
118
solidarity contribution
-
-
-
-
total
-
-
-
630
Employee
424
-
970
-
income
51
-
116
-
social contributions
28
-
63
-
health
57
-
131
-
solidarity contribution
-
-
-
-
total
136
-
310
-
Employer
424
-
970
-
social contributions
106
-
243
-
health
38
-
87
-
total
144
-
330
-
Corporate
732
1 300
-
-
income
139
247
-
-
total
139
247
-
-
Dividends
593
1 053
-
-
withholding
89
158
-
-
total
89
158
-
-
Income
1 300
1 300
1 300
1 300
Total tax
508
405
640
630
After tax
792
895
660
670
Living cost
288
288
288
288
Free-cash
504
607
372
382

Estimated living cost  is €288 per week

€214
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
€301
-€914
-€914
-€914
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
-
-
-
1 300
national
-
-
-
142
pensions
-
-
-
9
municipal
-
-
-
256
labour market
-
-
-
103
total
-
-
-
510
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
1 300
1 300
1 300
1 300
Total tax
1 725
1 725
1 725
510
After tax
-425
-425
-425
790
Living cost
489
489
489
489
Free-cash
-914
-914
-914
301

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
€452
€732
€505
€795
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
-
-
-
1 300
health
-
-
-
169
pensions
-
-
-
260
income
-
-
-
174
total
-
-
-
603
Employee
287
-
972
-
unemployment
5
-
16
-
income
32
-
187
-
pensions
6
-
19
-
total
43
-
222
-
Employer
287
-
972
-
pensions
58
-
194
-
health
37
-
126
-
unemployment
2
-
8
-
total
97
-
328
-
Corporate
915
1 300
-
-
income
183
260
-
-
total
183
260
-
-
Dividends
732
1 040
-
-
total
-
-
-
-
Income
1 300
1 300
1 300
1 300
Total tax
323
260
550
603
After tax
977
1 040
750
697
Living cost
245
245
245
245
Free-cash
732
795
505
452

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
€502
€458
€324
€454
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

-
-
-
1 300
national
-
-
-
162
health
-
-
-
16
municipal
-
-
-
231
total
-
-
-
409
Employee
533
-
1 094
-
unemployment
8
-
16
-
municipal
87
-
178
-
national
9
-
100
-
pensions
36
-
74
-
health
4
-
13
-
total
144
-
381
-
Employer
533
-
1 094
-
pensions
92
-
190
-
health
4
-
8
-
accident
1
-
1
-
unemployment
3
-
7
-
total
100
-
206
-
Corporate
666
1 300
-
-
income
133
260
-
-
total
133
260
-
-
Dividends

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

400
780
-
-
municipal
72
140
-
-
national
4
57
-
-
total
76
197
-
-
Income
1 300
1 300
1 300
1 300
Total tax
453
457
587
409
After tax
847
843
713
891
Living cost
389
389
389
389
Free-cash
458
454
324
502

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
€429
€399
€457
€343
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
-
-
-
1 300
surtax
-
-
-
-
health
-
-
-
40
pensions
-
-
-
278
social contributions
-
-
-
37
income
-
-
-
164
other
-
-
-
40
total
-
-
-
559
Employee
387
-
1 034
-
income
20
-
176
-
surtax
-
-
-
-
social contributions
11
-
29
-
pensions
44
-
60
-
total
75
-
265
-
Employer
387
-
1 034
-
pensions
64
-
103
-
social contributions
1
-
3
-
other
13
-
36
-
health
27
-
82
-
unemployment
16
-
42
-
total
121
-
266
-
Corporate
792
1 300
-
-
income
222
364
-
-
surtax
-
-
-
-
total
222
364
-
-
Dividends
570
936
-
-
withholding
73
120
-
-
social contributions
98
161
-
-
surtax
-
-
-
-
total
171
281
-
-
Income
1 300
1 300
1 300
1 300
Total tax
589
645
531
559
After tax
711
655
769
741
Living cost
312
312
312
312
Free-cash
399
343
457
429

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
€394
€369
€422
€308
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
-
-
-
1 300
surtax
-
-
-
-
health
-
-
-
40
pensions
-
-
-
278
social contributions
-
-
-
37
income
-
-
-
164
other
-
-
-
40
total
-
-
-
559
Employee
434
-
1 034
-
income
26
-
176
-
surtax
-
-
-
-
social contributions
12
-
29
-
pensions
49
-
60
-
total
87
-
265
-
Employer
434
-
1 034
-
pensions
71
-
103
-
social contributions
1
-
3
-
other
15
-
36
-
health
30
-
82
-
unemployment
18
-
42
-
total
135
-
266
-
Corporate
731
1 300
-
-
income
205
364
-
-
surtax
-
-
-
-
total
205
364
-
-
Dividends
526
936
-
-
withholding
67
120
-
-
social contributions
90
161
-
-
surtax
-
-
-
-
total
157
281
-
-
Income
1 300
1 300
1 300
1 300
Total tax
584
645
531
559
After tax
716
655
769
741
Living cost
347
347
347
347
Free-cash
369
308
422
394

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
€252
€236
€280
€166
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
-
-
-
1 300
surtax
-
-
-
-
health
-
-
-
40
pensions
-
-
-
278
social contributions
-
-
-
37
income
-
-
-
164
other
-
-
-
40
total
-
-
-
559
Employee
635
-
1 034
-
income
55
-
176
-
surtax
-
-
-
-
social contributions
18
-
29
-
pensions
72
-
60
-
total
145
-
265
-
Employer
635
-
1 034
-
pensions
104
-
103
-
social contributions
2
-
3
-
other
22
-
36
-
health
44
-
82
-
unemployment
26
-
42
-
total
198
-
266
-
Corporate
467
1 300
-
-
income
131
364
-
-
surtax
-
-
-
-
total
131
364
-
-
Dividends
336
936
-
-
withholding
43
120
-
-
social contributions
58
161
-
-
surtax
-
-
-
-
total
101
281
-
-
Income
1 300
1 300
1 300
1 300
Total tax
575
645
531
559
After tax
725
655
769
741
Living cost
489
489
489
489
Free-cash
236
166
280
252

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
€1222
€1158
€975
€1170
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%.

-
-
-
1 300
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
-
1 300
-
income
16
-
260
-
total
16
-
260
-
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%.

1 219
1 300
-
-
total
-
-
-
-
Dividends
1 219
1 300
-
-
withholding
61
65
-
-
total
61
65
-
-
Income
1 300
1 300
1 300
1 300
Total tax
77
65
260
13
After tax
1 223
1 235
1 040
1 287
Living cost
65
65
65
65
Free-cash
1 158
1 170
975
1 222

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
€1185
€1114
€938
€1133
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%.

-
-
-
1 300
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
127
-
1 300
-
income
25
-
260
-
total
25
-
260
-
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%.

1 173
1 300
-
-
total
-
-
-
-
Dividends
1 173
1 300
-
-
withholding
59
65
-
-
total
59
65
-
-
Income
1 300
1 300
1 300
1 300
Total tax
84
65
260
13
After tax
1 216
1 235
1 040
1 287
Living cost
102
102
102
102
Free-cash
1 114
1 133
938
1 185

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.

Berlin , Germany
€354
€413
€473
€279
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.

-
-
-
1 300
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.

-
-
-
19
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.

-
-
-
348
trade
-
-
-
119
total
-
-
-
555
Employee

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

504
-
1 300
-
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
-
348
-
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
-
19
-
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
-
436
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
796
1 300
-
-
trade
114
187
-
-
income
119
195
-
-
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
11
-
-
total
243
396
-
-
Dividends
553
904
-
-
withholding
134
222
-
-
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
141
234
-
-
Income
1 300
1 300
1 300
1 300
Total tax
496
630
436
555
After tax
804
670
864
745
Living cost
391
391
391
391
Free-cash
413
279
473
354

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
€426
€460
€557
€349
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.

-
-
-
1 300
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.

-
-
-
19
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.

-
-
-
348
trade
-
-
-
131
total
-
-
-
567
Employee

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

388
-
1 300
-
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
-
348
-
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
-
19
-
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
-
436
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
912
1 300
-
-
trade
144
205
-
-
income
137
195
-
-
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.

8
11
-
-
total
292
414
-
-
Dividends
621
886
-
-
withholding
152
218
-
-
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
160
230
-
-
Income
1 300
1 300
1 300
1 300
Total tax
533
644
436
567
After tax
767
656
864
733
Living cost
307
307
307
307
Free-cash
460
349
557
426

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
€330
€395
€466
€252
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.

-
-
-
1 300
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.

-
-
-
19
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.

-
-
-
348
trade
-
-
-
136
total
-
-
-
572
Employee

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

514
-
1 300
-
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
-
348
-
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
-
19
-
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
-
436
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
786
1 300
-
-
trade
129
214
-
-
income
118
195
-
-
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
11
-
-
total
256
423
-
-
Dividends
530
877
-
-
withholding
129
215
-
-
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
136
227
-
-
Income
1 300
1 300
1 300
1 300
Total tax
507
650
436
572
After tax
793
650
864
728
Living cost
398
398
398
398
Free-cash
395
252
466
330

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
€258
€343
€400
€179
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.

-
-
-
1 300
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.

-
-
-
19
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.

-
-
-
348
trade
-
-
-
142
total
-
-
-
578
Employee

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

609
-
1 300
-
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
-
348
-
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
-
19
-
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
-
436
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
691
1 300
-
-
trade
118
223
-
-
income
104
195
-
-
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
11
-
-
total
231
432
-
-
Dividends
461
868
-
-
withholding
111
213
-
-
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
12
-
-
total
117
225
-
-
Income
1 300
1 300
1 300
1 300
Total tax
493
657
436
578
After tax
807
643
864
722
Living cost
464
464
464
464
Free-cash
343
179
400
258

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
€396
€556
€374
€590
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
-
-
-
1 300
surtax
-
-
-
39
unemployment
-
-
-
2
health
-
-
-
92
pensions
-
-
-
260
income
-
-
-
283
other
-
-
-
-
total
-
-
-
676
Employee
341
-
1 074
-
unemployment
24
-
75
-
other
-
-
-
-
income
57
-
263
-
surtax
1
-
35
-
pensions
23
-
72
-
health
9
-
27
-
total
114
-
472
-
Employer
341
-
1 074
-
pensions
46
-
143
-
other
-
-
-
-
health
16
-
49
-
unemployment
11
-
34
-
total
73
-
226
-
Corporate
887
1 300
-
-
income
231
338
-
-
total
231
338
-
-
Dividends
656
962
-
-
withholding
98
144
-
-
total
98
144
-
-
Income
1 300
1 300
1 300
1 300
Total tax
516
482
698
676
After tax
784
818
602
624
Living cost
228
228
228
228
Free-cash
556
590
374
396

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
€400
€562
€378
€594
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
-
-
-
1 300
surtax
-
-
-
39
unemployment
-
-
-
2
health
-
-
-
92
pensions
-
-
-
260
income
-
-
-
283
other
-
-
-
-
total
-
-
-
676
Employee
335
-
1 074
-
unemployment
23
-
75
-
other
-
-
-
-
income
56
-
263
-
surtax
1
-
35
-
pensions
22
-
72
-
health
9
-
27
-
total
111
-
472
-
Employer
335
-
1 074
-
pensions
45
-
143
-
other
-
-
-
-
health
15
-
49
-
unemployment
11
-
34
-
total
71
-
226
-
Corporate
894
1 300
-
-
income
233
338
-
-
total
233
338
-
-
Dividends
662
962
-
-
withholding
99
144
-
-
total
99
144
-
-
Income
1 300
1 300
1 300
1 300
Total tax
514
482
698
676
After tax
786
818
602
624
Living cost
224
224
224
224
Free-cash
562
594
378
400

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
€699
€533
€552
€528
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
-
-
-
1 300
unemployment
-
-
-
19
health
-
-
-
91
pensions
-
-
-
130
income
-
-
-
159
total
-
-
-
399
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.

291
116
1 088
-
unemployment
4
2
16
-
income
36
14
133
-
pensions
29
12
109
-
health
20
8
76
-
total
89
36
334
-
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.

291
116
1 088
-
pensions
57
23
212
-
total
57
23
212
-
Corporate
952
1 161
-
-
income
86
105
-
-
total
86
105
-
-
Dividends
866
1 057
-
-
withholding
165
201
-
-
social contributions
168
205
-
-
total
333
406
-
-
Income
1 300
1 300
1 300
1 300
Total tax
565
570
546
399
After tax
735
730
754
901
Living cost
202
202
202
202
Free-cash
533
528
552
699

Estimated living cost  is €202 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
€285
€315
€295
€322
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
-
-
-
1 300
national
-
-
-
216
pensions
-
-
-
156
social contributions
-
-
-
14
municipal
-
-
-
140
total
-
-
-
526
Employee
759
-
1 124
-
municipal
94
-
145
-
national
145
-
224
-
pensions
30
-
45
-
total
269
-
414
-
Employer
759
-
1 124
-
pensions
61
-
90
-
social contributions
8
-
12
-
total
69
-
102
-
Corporate
422
1 300
-
-
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%.

84
260
-
-
total
84
260
-
-
Dividends
338
1 040
-
-
withholding
74
229
-
-
total
74
229
-
-
Income
1 300
1 300
1 300
1 300
Total tax
496
489
516
526
After tax
804
811
784
774
Living cost
490
490
490
490
Free-cash
315
322
295
285

Estimated living cost  is €490 per week

€333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€46
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
€249
€355
€249
€333
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
-
-
-
1 300
social contributions
-
-
-
122
income
-
-
-
352
total
-
-
-
474
Employee
793
-
1 300
-
social contributions
66
-
122
-
income
150
-
352
-
total
216
-
474
-
Employer
793
-
1 300
-
total
-
-
-
-
Corporate
507
1 300
-
-
income
63
162
-
-
total
63
162
-
-
Dividends
444
1 138
-
-
withholding
89
228
-
-
total
89
228
-
-
Income
1 300
1 300
1 300
1 300
Total tax
368
390
474
474
After tax
932
910
826
826
Living cost
577
577
577
577
Free-cash
355
333
249
249

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
€219
€212
€157
€265
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
-
-
-
1 300
national
-
-
-
296
regional
-
-
-
15
social contributions
-
-
-
334
municipal
-
-
-
8
total
-
-
-
653
Employee
901
-
1 300
-
municipal
5
-
7
-
national
156
-
257
-
social contributions
304
-
438
-
regional
8
-
13
-
total
473
-
715
-
Employer
901
-
1 300
-
total
-
-
-
-
Corporate
399
1 300
-
-
nationa
96
312
-
-
municipal
16
51
-
-
total
112
363
-
-
Dividends
288
937
-
-
withholding
75
244
-
-
total
75
244
-
-
Income
1 300
1 300
1 300
1 300
Total tax
660
607
715
653
After tax
640
693
585
647
Living cost
428
428
428
428
Free-cash
212
265
157
219

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
€369
€387
€308
€410
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
-
-
-
1 300
national
-
-
-
296
regional
-
-
-
20
social contributions
-
-
-
334
municipal
-
-
-
8
total
-
-
-
658
Employee
562
-
1 300
-
municipal
3
-
7
-
national
89
-
257
-
social contributions
190
-
438
-
regional
8
-
17
-
total
290
-
719
-
Employer
562
-
1 300
-
total
-
-
-
-
Corporate
738
1 300
-
-
nationa
177
312
-
-
municipal
37
65
-
-
total
214
377
-
-
Dividends
524
923
-
-
withholding
136
240
-
-
total
136
240
-
-
Income
1 300
1 300
1 300
1 300
Total tax
640
617
719
658
After tax
660
683
581
642
Living cost
273
273
273
273
Free-cash
387
410
308
369

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