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
€ 1350
per

Your estimated
City
free-cash

Andorra , Andorra
€704
€877
€740
€910
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
-
-
-
1 350
social contributions
-
-
-
297
income
-
-
-
44
total
-
-
-
341
Employee
326
-
1 169
-
social contributions
21
-
76
-
income
-
-
48
-
total
21
-
124
-
Employer
326
-
1 169
-
social contributions
50
-
181
-
total
50
-
181
-
Corporate
974
1 350
-
-
income
97
135
-
-
total
97
135
-
-
Dividends
876
1 215
-
-
total
-
-
-
-
Income
1 350
1 350
1 350
1 350
Total tax
168
135
305
341
After tax
1 182
1 215
1 045
1 009
Living cost
305
305
305
305
Free-cash
877
910
740
704

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
€360
€425
€45
€430
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
-
-
-
1 350
surtax
-
-
-
-
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
5
pensions
-
-
-
219
income
-
-
-
290
total
-
-
-
667
Employee
443
404
1 048
-
unemployment
13
12
31
-
other
4
4
10
-
income
39
30
239
-
pensions
45
41
107
-
health
17
16
41
-
total
118
103
428
-
Employer
443
404
1 048
-
pensions
56
51
132
-
surtax
-
-
-
-
payroll
13
12
31
-
other
21
19
50
-
health
17
15
40
-
accident
6
5
14
-
unemployment
13
12
31
-
chamber of commerce
2
2
4
-
total
128
116
302
-
Corporate
780
830
1 010
-
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.

195
207
252
-
total
195
207
252
-
Dividends
585
622
-
-
withholding
161
171
-
-
total
161
171
-
-
Income
1 350
1 350
1 350
1 350
Total tax
602
597
982
667
After tax
748
753
368
683
Living cost
323
323
323
323
Free-cash
425
430
45
360

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
€324
€377
€11
€394
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
-
-
-
1 350
surtax
-
-
-
2
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
5
pensions
-
-
-
219
income
-
-
-
290
total
-
-
-
669
Employee
506
404
1 047
-
unemployment
15
12
31
-
other
5
4
10
-
income
58
30
239
-
pensions
52
41
107
-
health
20
16
40
-
total
150
103
427
-
Employer
506
404
1 047
-
pensions
64
51
131
-
surtax
2
2
2
-
payroll
15
12
31
-
other
24
19
50
-
health
19
15
40
-
accident
7
5
14
-
unemployment
15
12
31
-
chamber of commerce
2
2
4
-
total
148
118
303
-
Corporate
696
828
1 008
-
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.

174
207
252
-
total
174
207
252
-
Dividends
522
621
-
-
withholding
144
171
-
-
total
144
171
-
-
Income
1 350
1 350
1 350
1 350
Total tax
616
599
982
669
After tax
734
751
368
681
Living cost
357
357
357
357
Free-cash
377
394
11
324

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
€230
€234
€130
€386
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
-
-
-
1 350
national
-
-
-
469
communal

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

-
-
-
68
social contributions
-
-
-
213
total
-
-
-
750
Employee

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

725
-
1 046
-
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
-
355
-
communal

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

38
-
55
-
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
-
78
-
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
-
49
-
total
355
-
546
-
Employer

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

725
-
1 046
-
surtax
82
-
119
-
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
-
93
-
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
-
64
-
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
-
14
-
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
-
305
-
Corporate
414
1 350
-
-
income
83
270
-
-
surtax
2
5
-
-
total
85
275
-
-
Dividends
330
1 075
-
-
withholding

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

95
319
-
-
total
95
319
-
-
Income
1 350
1 350
1 350
1 350
Total tax
746
594
851
750
After tax
604
756
499
600
Living cost
370
370
370
370
Free-cash
234
386
130
230

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
€879
€919
€928
€980
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 350
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
-
-
-
203
total
-
-
-
297
Employee
231
-
1 281
-
accident

We are using the highest rate at 1.1%.

3
-
4
-
income
23
-
128
-
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
-
179
-
Employer
231
-
1 281
-
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
1 074
1 350
-
-
income
107
135
-
-
total
107
135
-
-
Dividends
967
1 215
-
-
withholding
48
61
-
-
total
48
61
-
-
Income
1 350
1 350
1 350
1 350
Total tax
257
196
248
297
After tax
1 093
1 154
1 102
1 053
Living cost
174
174
174
174
Free-cash
919
980
928
879

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
€920
€975
€969
€1021
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
-
-
-
1 350
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
-
-
-
203
total
-
-
-
297
Employee
176
-
1 281
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
income
18
-
128
-
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
-
179
-
Employer
176
-
1 281
-
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
1 140
1 350
-
-
income
114
135
-
-
total
114
135
-
-
Dividends
1 026
1 215
-
-
withholding
51
61
-
-
total
51
61
-
-
Income
1 350
1 350
1 350
1 350
Total tax
242
196
248
297
After tax
1 108
1 154
1 102
1 053
Living cost
133
133
133
133
Free-cash
975
1 021
969
920

Estimated living cost  is €133 per week

€77
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
€710
€696
€696
€752
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
-
-
-
1 350
health
-
-
-
34
social contributions
-
-
-
164
income
-
-
-
207
total
-
-
-
405
Employee
779
779
1 240
-
income
85
72
201
-
social contributions
29
65
87
-
health
6
13
21
-
total
120
150
309
-
Employer
779
779
1 240
-
social contributions
29
65
87
-
health
7
14
23
-
total
36
79
110
-
Corporate
959
492
-
-
income
120
61
-
-
total
120
61
-
-
Dividends
839
430
-
-
withholding
143
73
-
-
total
143
73
-
-
Income
1 350
1 350
1 350
1 350
Total tax
419
363
419
405
After tax
931
987
931
945
Living cost
235
235
235
235
Free-cash
696
752
696
710

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
€616
€615
€602
€658
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
-
-
-
1 350
health
-
-
-
34
social contributions
-
-
-
164
income
-
-
-
207
total
-
-
-
405
Employee
779
779
1 240
-
income
82
72
201
-
social contributions
38
65
87
-
health
8
13
21
-
total
128
150
309
-
Employer
779
779
1 240
-
social contributions
38
65
87
-
health
8
14
23
-
total
46
79
110
-
Corporate
848
492
-
-
income
106
61
-
-
total
106
61
-
-
Dividends
742
430
-
-
withholding
126
73
-
-
total
126
73
-
-
Income
1 350
1 350
1 350
1 350
Total tax
406
363
419
405
After tax
944
987
931
945
Living cost
329
329
329
329
Free-cash
615
658
602
616

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
€471
€611
€450
€694
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
-
-
-
1 350
health
-
-
-
182
social contributions
-
-
-
338
income
-
-
-
124
solidarity contribution
-
-
-
-
total
-
-
-
644
Employee
345
-
1 007
-
income
41
-
121
-
social contributions
22
-
65
-
health
47
-
136
-
solidarity contribution
-
-
-
-
total
110
-
322
-
Employer
345
-
1 007
-
social contributions
86
-
252
-
health
31
-
91
-
total
117
-
343
-
Corporate
887
1 350
-
-
income
169
257
-
-
total
169
257
-
-
Dividends
719
1 093
-
-
withholding
108
164
-
-
total
108
164
-
-
Income
1 350
1 350
1 350
1 350
Total tax
504
421
665
644
After tax
846
929
685
706
Living cost
235
235
235
235
Free-cash
611
694
450
471

Estimated living cost  is €235 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
€417
€538
€396
€640
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
-
-
-
1 350
health
-
-
-
182
social contributions
-
-
-
338
income
-
-
-
124
solidarity contribution
-
-
-
-
total
-
-
-
644
Employee
425
-
1 007
-
income
51
-
121
-
social contributions
28
-
65
-
health
57
-
136
-
solidarity contribution
-
-
-
-
total
136
-
322
-
Employer
425
-
1 007
-
social contributions
106
-
252
-
health
38
-
91
-
total
144
-
343
-
Corporate
780
1 350
-
-
income
148
257
-
-
total
148
257
-
-
Dividends
632
1 093
-
-
withholding
95
164
-
-
total
95
164
-
-
Income
1 350
1 350
1 350
1 350
Total tax
523
421
665
644
After tax
827
929
685
706
Living cost
289
289
289
289
Free-cash
538
640
396
417

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
€333
-€864
-€864
-€864
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
-
-
-
1 350
national
-
-
-
144
pensions
-
-
-
9
municipal
-
-
-
268
labour market
-
-
-
107
total
-
-
-
528
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
1 350
1 350
1 350
1 350
Total tax
1 725
1 725
1 725
528
After tax
-375
-375
-375
822
Living cost
489
489
489
489
Free-cash
-864
-864
-864
333

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
€478
€772
€533
€835
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
-
-
-
1 350
health
-
-
-
176
pensions
-
-
-
270
income
-
-
-
181
total
-
-
-
627
Employee
287
-
1 009
-
unemployment
5
-
16
-
income
32
-
195
-
pensions
6
-
20
-
total
43
-
231
-
Employer
287
-
1 009
-
pensions
58
-
202
-
health
37
-
131
-
unemployment
2
-
8
-
total
97
-
341
-
Corporate
965
1 350
-
-
income
193
270
-
-
total
193
270
-
-
Dividends
772
1 080
-
-
total
-
-
-
-
Income
1 350
1 350
1 350
1 350
Total tax
333
270
572
627
After tax
1 017
1 080
778
723
Living cost
245
245
245
245
Free-cash
772
835
533
478

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
€532
€492
€347
€483
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

-
-
-
1 350
national
-
-
-
172
health
-
-
-
17
municipal
-
-
-
240
total
-
-
-
429
Employee
533
-
1 136
-
unemployment
8
-
17
-
municipal
87
-
185
-
national
9
-
108
-
pensions
36
-
77
-
health
4
-
13
-
total
144
-
400
-
Employer
533
-
1 136
-
pensions
92
-
197
-
health
4
-
9
-
accident
1
-
1
-
unemployment
3
-
7
-
total
100
-
214
-
Corporate
716
1 350
-
-
income
143
270
-
-
total
143
270
-
-
Dividends

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

430
810
-
-
municipal
77
146
-
-
national
5
62
-
-
total
82
208
-
-
Income
1 350
1 350
1 350
1 350
Total tax
469
478
614
429
After tax
881
872
736
921
Living cost
389
389
389
389
Free-cash
492
483
347
532

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
€456
€424
€481
€369
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
-
-
-
1 350
surtax
-
-
-
-
health
-
-
-
44
pensions
-
-
-
282
social contributions
-
-
-
38
income
-
-
-
176
other
-
-
-
42
total
-
-
-
582
Employee
387
-
1 070
-
income
20
-
185
-
surtax
-
-
-
-
social contributions
11
-
30
-
pensions
44
-
64
-
total
75
-
279
-
Employer
387
-
1 070
-
pensions
64
-
109
-
social contributions
1
-
3
-
other
13
-
37
-
health
27
-
86
-
unemployment
16
-
43
-
total
121
-
278
-
Corporate
842
1 350
-
-
income
236
378
-
-
surtax
-
-
-
-
total
236
378
-
-
Dividends
606
972
-
-
withholding
78
124
-
-
social contributions
104
167
-
-
surtax
-
-
-
-
total
182
291
-
-
Income
1 350
1 350
1 350
1 350
Total tax
614
669
557
582
After tax
736
681
793
768
Living cost
312
312
312
312
Free-cash
424
369
481
456

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
€421
€393
€446
€334
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
-
-
-
1 350
surtax
-
-
-
-
health
-
-
-
44
pensions
-
-
-
282
social contributions
-
-
-
38
income
-
-
-
176
other
-
-
-
42
total
-
-
-
582
Employee
434
-
1 070
-
income
26
-
185
-
surtax
-
-
-
-
social contributions
12
-
30
-
pensions
49
-
64
-
total
87
-
279
-
Employer
434
-
1 070
-
pensions
71
-
109
-
social contributions
1
-
3
-
other
15
-
37
-
health
30
-
86
-
unemployment
18
-
43
-
total
135
-
278
-
Corporate
781
1 350
-
-
income
219
378
-
-
surtax
-
-
-
-
total
219
378
-
-
Dividends
562
972
-
-
withholding
72
124
-
-
social contributions
97
167
-
-
surtax
-
-
-
-
total
169
291
-
-
Income
1 350
1 350
1 350
1 350
Total tax
610
669
557
582
After tax
740
681
793
768
Living cost
347
347
347
347
Free-cash
393
334
446
421

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
€279
€261
€304
€192
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
-
-
-
1 350
surtax
-
-
-
-
health
-
-
-
44
pensions
-
-
-
282
social contributions
-
-
-
38
income
-
-
-
176
other
-
-
-
42
total
-
-
-
582
Employee
635
-
1 070
-
income
55
-
185
-
surtax
-
-
-
-
social contributions
18
-
30
-
pensions
72
-
64
-
total
145
-
279
-
Employer
635
-
1 070
-
pensions
104
-
109
-
social contributions
2
-
3
-
other
22
-
37
-
health
44
-
86
-
unemployment
26
-
43
-
total
198
-
278
-
Corporate
517
1 350
-
-
income
145
378
-
-
surtax
-
-
-
-
total
145
378
-
-
Dividends
372
972
-
-
withholding
48
124
-
-
social contributions
64
167
-
-
surtax
-
-
-
-
total
112
291
-
-
Income
1 350
1 350
1 350
1 350
Total tax
600
669
557
582
After tax
750
681
793
768
Living cost
489
489
489
489
Free-cash
261
192
304
279

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
€1271
€1206
€1015
€1217
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%.

-
-
-
1 350
microenterprise

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

-
-
-
14
total
-
-
-
14
Employee
81
-
1 350
-
income
16
-
270
-
total
16
-
270
-
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%.

1 269
1 350
-
-
total
-
-
-
-
Dividends
1 269
1 350
-
-
withholding
63
68
-
-
total
63
68
-
-
Income
1 350
1 350
1 350
1 350
Total tax
79
68
270
14
After tax
1 271
1 282
1 080
1 336
Living cost
65
65
65
65
Free-cash
1 206
1 217
1 015
1 271

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
€1235
€1163
€979
€1181
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%.

-
-
-
1 350
microenterprise

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

-
-
-
14
total
-
-
-
14
Employee
126
-
1 350
-
income
25
-
270
-
total
25
-
270
-
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%.

1 224
1 350
-
-
total
-
-
-
-
Dividends
1 224
1 350
-
-
withholding
61
68
-
-
total
61
68
-
-
Income
1 350
1 350
1 350
1 350
Total tax
86
68
270
14
After tax
1 264
1 282
1 080
1 336
Living cost
101
101
101
101
Free-cash
1 163
1 181
979
1 235

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
€375
€438
€501
€304
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.

-
-
-
1 350
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.

-
-
-
20
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.

-
-
-
369
trade
-
-
-
126
total
-
-
-
584
Employee

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

504
-
1 350
-
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
-
369
-
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
-
20
-
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
-
458
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
846
1 350
-
-
trade
121
194
-
-
income
127
202
-
-
chamber of commerce
3
4
-
-
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
258
411
-
-
Dividends
588
939
-
-
withholding
143
231
-
-
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
13
-
-
total
151
244
-
-
Income
1 350
1 350
1 350
1 350
Total tax
521
655
458
584
After tax
829
695
892
766
Living cost
391
391
391
391
Free-cash
438
304
501
375

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
€447
€486
€585
€376
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.

-
-
-
1 350
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.

-
-
-
20
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.

-
-
-
369
trade
-
-
-
138
total
-
-
-
596
Employee

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

388
-
1 350
-
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
-
369
-
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
-
20
-
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
-
458
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
962
1 350
-
-
trade
152
213
-
-
income
144
202
-
-
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
307
429
-
-
Dividends
656
920
-
-
withholding
160
226
-
-
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.

9
12
-
-
total
169
238
-
-
Income
1 350
1 350
1 350
1 350
Total tax
557
667
458
596
After tax
793
683
892
754
Living cost
307
307
307
307
Free-cash
486
376
585
447

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
€349
€419
€494
€278
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.

-
-
-
1 350
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.

-
-
-
20
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.

-
-
-
369
trade
-
-
-
145
total
-
-
-
603
Employee

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

514
-
1 350
-
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
-
369
-
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
-
20
-
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
-
458
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
836
1 350
-
-
trade
138
222
-
-
income
125
202
-
-
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
273
438
-
-
Dividends
564
911
-
-
withholding
137
224
-
-
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
145
236
-
-
Income
1 350
1 350
1 350
1 350
Total tax
533
674
458
603
After tax
817
676
892
747
Living cost
398
398
398
398
Free-cash
419
278
494
349

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
€277
€367
€428
€204
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.

-
-
-
1 350
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.

-
-
-
20
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.

-
-
-
369
trade
-
-
-
151
total
-
-
-
609
Employee

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

609
-
1 350
-
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
-
369
-
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
-
20
-
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
-
458
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
741
1 350
-
-
trade
127
232
-
-
income
111
202
-
-
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
247
448
-
-
Dividends
494
901
-
-
withholding
120
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
127
234
-
-
Income
1 350
1 350
1 350
1 350
Total tax
519
682
458
609
After tax
831
668
892
741
Living cost
464
464
464
464
Free-cash
367
204
428
277

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
€413
€587
€391
€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
-
-
-
1 350
surtax
-
-
-
41
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
300
other
-
-
-
-
total
-
-
-
709
Employee
341
-
1 115
-
unemployment
24
-
78
-
other
-
-
-
-
income
57
-
278
-
surtax
1
-
38
-
pensions
23
-
74
-
health
9
-
28
-
total
114
-
496
-
Employer
341
-
1 115
-
pensions
46
-
149
-
other
-
-
-
-
health
16
-
51
-
unemployment
11
-
35
-
total
73
-
235
-
Corporate
937
1 350
-
-
income
244
351
-
-
total
244
351
-
-
Dividends
693
999
-
-
withholding
104
150
-
-
total
104
150
-
-
Income
1 350
1 350
1 350
1 350
Total tax
535
501
731
709
After tax
815
849
619
641
Living cost
228
228
228
228
Free-cash
587
621
391
413

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
€417
€593
€395
€625
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
-
-
-
1 350
surtax
-
-
-
41
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
300
other
-
-
-
-
total
-
-
-
709
Employee
335
-
1 115
-
unemployment
23
-
78
-
other
-
-
-
-
income
56
-
278
-
surtax
1
-
38
-
pensions
22
-
74
-
health
9
-
28
-
total
111
-
496
-
Employer
335
-
1 115
-
pensions
45
-
149
-
other
-
-
-
-
health
15
-
51
-
unemployment
11
-
35
-
total
71
-
235
-
Corporate
944
1 350
-
-
income
246
351
-
-
total
246
351
-
-
Dividends
699
999
-
-
withholding
105
150
-
-
total
105
150
-
-
Income
1 350
1 350
1 350
1 350
Total tax
533
501
731
709
After tax
817
849
619
641
Living cost
224
224
224
224
Free-cash
593
625
395
417

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
€733
€561
€580
€557
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
-
-
-
1 350
unemployment
-
-
-
20
health
-
-
-
94
pensions
-
-
-
135
income
-
-
-
165
total
-
-
-
414
Employee

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

The minimum wage is 138,000 HUF per month.

293
117
1 130
-
unemployment
4
2
17
-
income
36
14
138
-
pensions
29
12
113
-
health
21
8
79
-
total
90
36
347
-
Employer

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

The minimum wage is 138,000 HUF per month.

293
117
1 130
-
pensions
57
23
220
-
total
57
23
220
-
Corporate
999
1 210
-
-
income
90
109
-
-
total
90
109
-
-
Dividends
909
1 102
-
-
withholding
173
209
-
-
social contributions
176
213
-
-
total
349
422
-
-
Income
1 350
1 350
1 350
1 350
Total tax
586
590
567
414
After tax
764
760
783
936
Living cost
203
203
203
203
Free-cash
561
557
580
733

Estimated living cost  is €203 per week

€139
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
€314
€345
€324
€353
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
-
-
-
1 350
national
-
-
-
225
pensions
-
-
-
162
social contributions
-
-
-
15
municipal
-
-
-
145
total
-
-
-
547
Employee
759
-
1 167
-
municipal
94
-
151
-
national
145
-
233
-
pensions
30
-
47
-
total
269
-
431
-
Employer
759
-
1 167
-
pensions
61
-
93
-
social contributions
8
-
13
-
total
69
-
106
-
Corporate
472
1 350
-
-
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%.

94
270
-
-
total
94
270
-
-
Dividends
378
1 080
-
-
withholding
83
238
-
-
total
83
238
-
-
Income
1 350
1 350
1 350
1 350
Total tax
515
508
537
547
After tax
835
842
813
803
Living cost
490
490
490
490
Free-cash
345
353
324
314

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.
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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
€186
€389
€186
€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
-
-
-
1 350
social contributions
-
-
-
215
income
-
-
-
372
total
-
-
-
587
Employee
793
-
1 350
-
social contributions
66
-
215
-
income
150
-
372
-
total
216
-
587
-
Employer
793
-
1 350
-
total
-
-
-
-
Corporate
557
1 350
-
-
income
70
169
-
-
total
70
169
-
-
Dividends
488
1 181
-
-
withholding
98
236
-
-
total
98
236
-
-
Income
1 350
1 350
1 350
1 350
Total tax
384
405
587
587
After tax
966
945
763
763
Living cost
577
577
577
577
Free-cash
389
368
186
186

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.
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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
€242
€239
€177
€292
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
-
-
-
1 350
national
-
-
-
310
regional
-
-
-
15
social contributions
-
-
-
347
municipal
-
-
-
8
total
-
-
-
680
Employee
901
-
1 350
-
municipal
5
-
7
-
national
156
-
269
-
social contributions
304
-
455
-
regional
8
-
14
-
total
473
-
745
-
Employer
901
-
1 350
-
total
-
-
-
-
Corporate
449
1 350
-
-
nationa
108
324
-
-
municipal
18
53
-
-
total
126
377
-
-
Dividends
324
973
-
-
withholding
84
253
-
-
total
84
253
-
-
Income
1 350
1 350
1 350
1 350
Total tax
683
630
745
680
After tax
667
720
605
670
Living cost
428
428
428
428
Free-cash
239
292
177
242

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
€392
€413
€328
€437
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
-
-
-
1 350
national
-
-
-
310
regional
-
-
-
20
social contributions
-
-
-
347
municipal
-
-
-
8
total
-
-
-
685
Employee
562
-
1 350
-
municipal
3
-
7
-
national
89
-
269
-
social contributions
190
-
455
-
regional
8
-
18
-
total
290
-
749
-
Employer
562
-
1 350
-
total
-
-
-
-
Corporate
788
1 350
-
-
nationa
189
324
-
-
municipal
39
67
-
-
total
228
391
-
-
Dividends
560
959
-
-
withholding
146
249
-
-
total
146
249
-
-
Income
1 350
1 350
1 350
1 350
Total tax
664
640
749
685
After tax
686
710
601
665
Living cost
273
273
273
273
Free-cash
413
437
328
392

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