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
€ 1400
per

Your estimated
City
free-cash

Andorra , Andorra
€739
€922
€776
€955
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
-
-
-
1 400
social contributions
-
-
-
308
income
-
-
-
48
total
-
-
-
356
Employee
326
-
1 212
-
social contributions
21
-
79
-
income
-
-
52
-
total
21
-
131
-
Employer
326
-
1 212
-
social contributions
50
-
188
-
total
50
-
188
-
Corporate
1 024
1 400
-
-
income
102
140
-
-
total
102
140
-
-
Dividends
921
1 260
-
-
total
-
-
-
-
Income
1 400
1 400
1 400
1 400
Total tax
173
140
319
356
After tax
1 227
1 260
1 081
1 044
Living cost
305
305
305
305
Free-cash
922
955
776
739

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
€388
€453
€52
€457
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
-
-
-
1 400
surtax
-
-
-
-
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
6
pensions
-
-
-
219
income
-
-
-
311
total
-
-
-
689
Employee
443
404
1 087
-
unemployment
13
12
33
-
other
4
4
11
-
income
39
30
253
-
pensions
45
41
111
-
health
17
16
42
-
total
118
103
450
-
Employer
443
404
1 087
-
pensions
56
51
136
-
surtax
-
-
-
-
payroll
13
12
33
-
other
21
19
52
-
health
17
15
41
-
accident
6
5
14
-
unemployment
13
12
33
-
chamber of commerce
2
2
4
-
total
128
116
313
-
Corporate
830
880
1 049
-
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.

207
220
262
-
total
207
220
262
-
Dividends
622
660
-
-
withholding
171
181
-
-
total
171
181
-
-
Income
1 400
1 400
1 400
1 400
Total tax
624
620
1 025
689
After tax
776
780
375
711
Living cost
323
323
323
323
Free-cash
453
457
52
388

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
€352
€405
€17
€422
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
-
-
-
1 400
surtax
-
-
-
2
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
6
pensions
-
-
-
219
income
-
-
-
311
total
-
-
-
691
Employee
506
404
1 086
-
unemployment
15
12
33
-
other
5
4
11
-
income
58
30
252
-
pensions
52
41
111
-
health
20
16
42
-
total
150
103
449
-
Employer
506
404
1 086
-
pensions
64
51
136
-
surtax
2
2
2
-
payroll
15
12
33
-
other
24
19
52
-
health
19
15
41
-
accident
7
5
14
-
unemployment
15
12
33
-
chamber of commerce
2
2
4
-
total
148
118
315
-
Corporate
746
878
1 047
-
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.

186
219
262
-
total
186
219
262
-
Dividends
559
658
-
-
withholding
154
181
-
-
total
154
181
-
-
Income
1 400
1 400
1 400
1 400
Total tax
638
621
1 026
691
After tax
762
779
374
709
Living cost
357
357
357
357
Free-cash
405
422
17
352

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
€250
€262
€144
€414
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
-
-
-
1 400
national
-
-
-
490
communal

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

-
-
-
71
social contributions
-
-
-
220
total
-
-
-
781
Employee

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

725
-
1 084
-
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
-
372
-
communal

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

38
-
57
-
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
-
81
-
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
-
51
-
total
355
-
570
-
Employer

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

725
-
1 084
-
surtax
82
-
123
-
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
-
96
-
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
-
67
-
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
-
16
-
total
211
-
316
-
Corporate
464
1 400
-
-
income
93
280
-
-
surtax
2
6
-
-
total
95
286
-
-
Dividends
369
1 114
-
-
withholding

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

107
331
-
-
total
107
331
-
-
Income
1 400
1 400
1 400
1 400
Total tax
768
617
886
781
After tax
632
783
514
619
Living cost
370
370
370
370
Free-cash
262
414
144
250

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
€922
€961
€973
€1023
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
-
-
-
1 400
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
-
-
-
210
total
-
-
-
304
Employee
230
-
1 331
-
accident

We are using the highest rate at 1.1%.

3
-
4
-
income
23
-
133
-
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
-
184
-
Employer
230
-
1 331
-
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
1 124
1 400
-
-
income
112
140
-
-
total
112
140
-
-
Dividends
1 012
1 260
-
-
withholding
51
63
-
-
total
51
63
-
-
Income
1 400
1 400
1 400
1 400
Total tax
265
203
253
304
After tax
1 135
1 197
1 147
1 096
Living cost
174
174
174
174
Free-cash
961
1 023
973
922

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
€963
€1017
€1014
€1064
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
-
-
-
1 400
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
-
-
-
210
total
-
-
-
304
Employee
176
-
1 331
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
income
18
-
133
-
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
-
184
-
Employer
176
-
1 331
-
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
1 190
1 400
-
-
income
119
140
-
-
total
119
140
-
-
Dividends
1 071
1 260
-
-
withholding
54
63
-
-
total
54
63
-
-
Income
1 400
1 400
1 400
1 400
Total tax
250
203
253
304
After tax
1 150
1 197
1 147
1 096
Living cost
133
133
133
133
Free-cash
1 017
1 064
1 014
963

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
€741
€733
€728
€787
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
-
-
-
1 400
health
-
-
-
36
social contributions
-
-
-
164
income
-
-
-
224
total
-
-
-
424
Employee
779
779
1 289
-
income
85
72
217
-
social contributions
29
65
87
-
health
6
13
22
-
total
120
150
326
-
Employer
779
779
1 289
-
social contributions
29
65
87
-
health
7
14
24
-
total
36
79
111
-
Corporate
1 009
542
-
-
income
126
68
-
-
total
126
68
-
-
Dividends
883
474
-
-
withholding
150
81
-
-
total
150
81
-
-
Income
1 400
1 400
1 400
1 400
Total tax
432
378
437
424
After tax
968
1 022
963
976
Living cost
235
235
235
235
Free-cash
733
787
728
741

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
€647
€651
€634
€693
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
-
-
-
1 400
health
-
-
-
36
social contributions
-
-
-
164
income
-
-
-
224
total
-
-
-
424
Employee
779
779
1 289
-
income
82
72
217
-
social contributions
38
65
87
-
health
8
13
22
-
total
128
150
326
-
Employer
779
779
1 289
-
social contributions
38
65
87
-
health
8
14
24
-
total
46
79
111
-
Corporate
898
542
-
-
income
112
68
-
-
total
112
68
-
-
Dividends
785
474
-
-
withholding
134
81
-
-
total
134
81
-
-
Income
1 400
1 400
1 400
1 400
Total tax
420
378
437
424
After tax
980
1 022
963
976
Living cost
329
329
329
329
Free-cash
651
693
634
647

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
€509
€647
€477
€730
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
-
-
-
1 400
health
-
-
-
189
social contributions
-
-
-
337
income
-
-
-
131
solidarity contribution
-
-
-
-
total
-
-
-
657
Employee
345
-
1 045
-
income
41
-
125
-
social contributions
22
-
68
-
health
47
-
141
-
solidarity contribution
-
-
-
-
total
110
-
334
-
Employer
345
-
1 045
-
social contributions
86
-
261
-
health
31
-
94
-
total
117
-
355
-
Corporate
938
1 400
-
-
income
178
266
-
-
total
178
266
-
-
Dividends
760
1 134
-
-
withholding
114
170
-
-
total
114
170
-
-
Income
1 400
1 400
1 400
1 400
Total tax
519
436
689
657
After tax
881
964
711
743
Living cost
234
234
234
234
Free-cash
647
730
477
509

Estimated living cost  is €234 per week

€163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€50
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
€454
€572
€422
€675
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
-
-
-
1 400
health
-
-
-
189
social contributions
-
-
-
337
income
-
-
-
131
solidarity contribution
-
-
-
-
total
-
-
-
657
Employee
425
-
1 045
-
income
51
-
125
-
social contributions
28
-
68
-
health
57
-
141
-
solidarity contribution
-
-
-
-
total
136
-
334
-
Employer
425
-
1 045
-
social contributions
106
-
261
-
health
38
-
94
-
total
144
-
355
-
Corporate
831
1 400
-
-
income
158
266
-
-
total
158
266
-
-
Dividends
673
1 134
-
-
withholding
101
170
-
-
total
101
170
-
-
Income
1 400
1 400
1 400
1 400
Total tax
539
436
689
657
After tax
861
964
711
743
Living cost
289
289
289
289
Free-cash
572
675
422
454

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
€359
-€814
-€814
-€814
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
-
-
-
1 400
national
-
-
-
152
pensions
-
-
-
9
municipal
-
-
-
280
labour market
-
-
-
111
total
-
-
-
552
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
1 400
1 400
1 400
1 400
Total tax
1 725
1 725
1 725
552
After tax
-325
-325
-325
848
Living cost
489
489
489
489
Free-cash
-814
-814
-814
359

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
€505
€812
€562
€875
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
-
-
-
1 400
health
-
-
-
182
pensions
-
-
-
280
income
-
-
-
188
total
-
-
-
650
Employee
287
-
1 046
-
unemployment
5
-
17
-
income
32
-
202
-
pensions
6
-
21
-
total
43
-
240
-
Employer
287
-
1 046
-
pensions
58
-
209
-
health
37
-
136
-
unemployment
2
-
8
-
total
97
-
353
-
Corporate
1 015
1 400
-
-
income
203
280
-
-
total
203
280
-
-
Dividends
812
1 120
-
-
total
-
-
-
-
Income
1 400
1 400
1 400
1 400
Total tax
343
280
593
650
After tax
1 057
1 120
807
750
Living cost
245
245
245
245
Free-cash
812
875
562
505

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
€562
€524
€369
€512
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

-
-
-
1 400
national
-
-
-
183
health
-
-
-
17
municipal
-
-
-
249
total
-
-
-
449
Employee
533
-
1 178
-
unemployment
8
-
18
-
municipal
87
-
192
-
national
9
-
116
-
pensions
36
-
80
-
health
4
-
14
-
total
144
-
420
-
Employer
533
-
1 178
-
pensions
92
-
204
-
health
4
-
9
-
accident
1
-
1
-
unemployment
3
-
8
-
total
100
-
222
-
Corporate
766
1 400
-
-
income
153
280
-
-
total
153
280
-
-
Dividends

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

460
840
-
-
municipal
83
151
-
-
national
7
68
-
-
total
90
219
-
-
Income
1 400
1 400
1 400
1 400
Total tax
487
499
642
449
After tax
913
901
758
951
Living cost
389
389
389
389
Free-cash
524
512
369
562

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
€484
€450
€501
€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
-
-
-
1 400
surtax
-
-
-
-
health
-
-
-
47
pensions
-
-
-
286
social contributions
-
-
-
40
income
-
-
-
188
other
-
-
-
43
total
-
-
-
604
Employee
387
-
1 106
-
income
20
-
195
-
surtax
-
-
-
-
social contributions
11
-
32
-
pensions
44
-
67
-
total
75
-
294
-
Employer
387
-
1 106
-
pensions
64
-
115
-
social contributions
1
-
3
-
other
13
-
39
-
health
27
-
91
-
unemployment
16
-
45
-
total
121
-
293
-
Corporate
892
1 400
-
-
income
250
392
-
-
surtax
-
-
-
-
total
250
392
-
-
Dividends
642
1 008
-
-
withholding
82
129
-
-
social contributions
110
173
-
-
surtax
-
-
-
-
total
192
302
-
-
Income
1 400
1 400
1 400
1 400
Total tax
638
694
587
604
After tax
762
706
813
796
Living cost
312
312
312
312
Free-cash
450
394
501
484

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
€449
€418
€466
€359
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
-
-
-
1 400
surtax
-
-
-
-
health
-
-
-
47
pensions
-
-
-
286
social contributions
-
-
-
40
income
-
-
-
188
other
-
-
-
43
total
-
-
-
604
Employee
434
-
1 106
-
income
26
-
195
-
surtax
-
-
-
-
social contributions
12
-
32
-
pensions
49
-
67
-
total
87
-
294
-
Employer
434
-
1 106
-
pensions
71
-
115
-
social contributions
1
-
3
-
other
15
-
39
-
health
30
-
91
-
unemployment
18
-
45
-
total
135
-
293
-
Corporate
831
1 400
-
-
income
233
392
-
-
surtax
-
-
-
-
total
233
392
-
-
Dividends
598
1 008
-
-
withholding
77
129
-
-
social contributions
103
173
-
-
surtax
-
-
-
-
total
180
302
-
-
Income
1 400
1 400
1 400
1 400
Total tax
635
694
587
604
After tax
765
706
813
796
Living cost
347
347
347
347
Free-cash
418
359
466
449

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
€307
€287
€324
€217
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
-
-
-
1 400
surtax
-
-
-
-
health
-
-
-
47
pensions
-
-
-
286
social contributions
-
-
-
40
income
-
-
-
188
other
-
-
-
43
total
-
-
-
604
Employee
635
-
1 106
-
income
55
-
195
-
surtax
-
-
-
-
social contributions
18
-
32
-
pensions
72
-
67
-
total
145
-
294
-
Employer
635
-
1 106
-
pensions
104
-
115
-
social contributions
2
-
3
-
other
22
-
39
-
health
44
-
91
-
unemployment
26
-
45
-
total
198
-
293
-
Corporate
567
1 400
-
-
income
159
392
-
-
surtax
-
-
-
-
total
159
392
-
-
Dividends
408
1 008
-
-
withholding
52
129
-
-
social contributions
70
173
-
-
surtax
-
-
-
-
total
122
302
-
-
Income
1 400
1 400
1 400
1 400
Total tax
624
694
587
604
After tax
776
706
813
796
Living cost
489
489
489
489
Free-cash
287
217
324
307

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
€1321
€1253
€1055
€1265
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%.

-
-
-
1 400
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
-
1 400
-
income
16
-
280
-
total
16
-
280
-
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%.

1 319
1 400
-
-
total
-
-
-
-
Dividends
1 319
1 400
-
-
withholding
66
70
-
-
total
66
70
-
-
Income
1 400
1 400
1 400
1 400
Total tax
82
70
280
14
After tax
1 318
1 330
1 120
1 386
Living cost
65
65
65
65
Free-cash
1 253
1 265
1 055
1 321

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
€1285
€1210
€1019
€1229
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%.

-
-
-
1 400
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
127
-
1 400
-
income
25
-
280
-
total
25
-
280
-
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%.

1 273
1 400
-
-
total
-
-
-
-
Dividends
1 273
1 400
-
-
withholding
64
70
-
-
total
64
70
-
-
Income
1 400
1 400
1 400
1 400
Total tax
89
70
280
14
After tax
1 311
1 330
1 120
1 386
Living cost
101
101
101
101
Free-cash
1 210
1 229
1 019
1 285

Estimated living cost  is €101 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
€396
€464
€529
€329
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.

-
-
-
1 400
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.

-
-
-
21
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.

-
-
-
390
trade
-
-
-
133
total
-
-
-
613
Employee

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

504
-
1 400
-
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
-
390
-
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
-
21
-
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
-
480
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
896
1 400
-
-
trade
129
201
-
-
income
134
210
-
-
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
12
-
-
total
273
427
-
-
Dividends
623
974
-
-
withholding
152
240
-
-
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
160
253
-
-
Income
1 400
1 400
1 400
1 400
Total tax
545
680
480
613
After tax
855
720
920
787
Living cost
391
391
391
391
Free-cash
464
329
529
396

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
€467
€512
€613
€399
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.

-
-
-
1 400
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.

-
-
-
21
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.

-
-
-
390
trade
-
-
-
146
total
-
-
-
626
Employee

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

388
-
1 400
-
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
-
390
-
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
-
21
-
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
-
480
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 012
1 400
-
-
trade
159
220
-
-
income
152
210
-
-
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.

8
12
-
-
total
322
446
-
-
Dividends
690
954
-
-
withholding
169
235
-
-
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
13
-
-
total
178
248
-
-
Income
1 400
1 400
1 400
1 400
Total tax
581
694
480
626
After tax
819
706
920
774
Living cost
307
307
307
307
Free-cash
512
399
613
467

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
€369
€445
€522
€301
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.

-
-
-
1 400
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.

-
-
-
21
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.

-
-
-
390
trade
-
-
-
153
total
-
-
-
633
Employee

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

514
-
1 400
-
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
-
390
-
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
-
21
-
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
-
480
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
886
1 400
-
-
trade
146
230
-
-
income
133
210
-
-
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
12
-
-
total
289
456
-
-
Dividends
597
945
-
-
withholding
145
232
-
-
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
153
245
-
-
Income
1 400
1 400
1 400
1 400
Total tax
557
701
480
633
After tax
843
699
920
767
Living cost
398
398
398
398
Free-cash
445
301
522
369

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
€297
€391
€456
€227
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
1 400
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.

-
-
-
21
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.

-
-
-
390
trade
-
-
-
159
total
-
-
-
639
Employee

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

609
-
1 400
-
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
-
390
-
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
-
21
-
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
-
480
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
791
1 400
-
-
trade
136
240
-
-
income
119
210
-
-
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
12
-
-
total
265
466
-
-
Dividends
528
935
-
-
withholding
128
230
-
-
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
13
-
-
total
135
243
-
-
Income
1 400
1 400
1 400
1 400
Total tax
545
709
480
639
After tax
855
691
920
761
Living cost
464
464
464
464
Free-cash
391
227
456
297

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
€437
€618
€406
€653
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
-
-
-
1 400
surtax
-
-
-
45
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
322
other
-
-
-
-
total
-
-
-
735
Employee
341
-
1 157
-
unemployment
24
-
80
-
other
-
-
-
-
income
57
-
294
-
surtax
1
-
41
-
pensions
23
-
77
-
health
9
-
30
-
total
114
-
522
-
Employer
341
-
1 157
-
pensions
46
-
154
-
other
-
-
-
-
health
16
-
53
-
unemployment
11
-
37
-
total
73
-
244
-
Corporate
987
1 400
-
-
income
257
364
-
-
total
257
364
-
-
Dividends
730
1 036
-
-
withholding
110
155
-
-
total
110
155
-
-
Income
1 400
1 400
1 400
1 400
Total tax
554
519
766
735
After tax
846
881
634
665
Living cost
228
228
228
228
Free-cash
618
653
406
437

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
€441
€625
€410
€657
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
-
-
-
1 400
surtax
-
-
-
45
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
322
other
-
-
-
-
total
-
-
-
735
Employee
335
-
1 157
-
unemployment
23
-
80
-
other
-
-
-
-
income
56
-
294
-
surtax
1
-
41
-
pensions
22
-
77
-
health
9
-
30
-
total
111
-
522
-
Employer
335
-
1 157
-
pensions
45
-
154
-
other
-
-
-
-
health
15
-
53
-
unemployment
11
-
37
-
total
71
-
244
-
Corporate
994
1 400
-
-
income
259
364
-
-
total
259
364
-
-
Dividends
736
1 036
-
-
withholding
110
155
-
-
total
110
155
-
-
Income
1 400
1 400
1 400
1 400
Total tax
551
519
766
735
After tax
849
881
634
665
Living cost
224
224
224
224
Free-cash
625
657
410
441

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
€767
€589
€609
€585
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 400
unemployment
-
-
-
21
health
-
-
-
98
pensions
-
-
-
140
income
-
-
-
171
total
-
-
-
430
Employee

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

The minimum wage is 138,000 HUF per month.

293
116
1 172
-
unemployment
4
2
18
-
income
36
14
143
-
pensions
29
12
117
-
health
20
8
82
-
total
89
36
360
-
Employer

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

The minimum wage is 138,000 HUF per month.

293
116
1 172
-
pensions
57
23
228
-
total
57
23
228
-
Corporate
1 050
1 261
-
-
income
95
113
-
-
total
95
113
-
-
Dividends
956
1 147
-
-
withholding
182
218
-
-
social contributions
185
222
-
-
total
367
440
-
-
Income
1 400
1 400
1 400
1 400
Total tax
608
612
588
430
After tax
792
788
812
970
Living cost
203
203
203
203
Free-cash
589
585
609
767

Estimated living cost  is €203 per week

€138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€44
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
€342
€376
€352
€384
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 400
national
-
-
-
234
pensions
-
-
-
168
social contributions
-
-
-
15
municipal
-
-
-
151
total
-
-
-
568
Employee
759
-
1 210
-
municipal
94
-
157
-
national
145
-
243
-
pensions
30
-
48
-
total
269
-
448
-
Employer
759
-
1 210
-
pensions
61
-
97
-
social contributions
8
-
13
-
total
69
-
110
-
Corporate
522
1 400
-
-
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%.

104
280
-
-
total
104
280
-
-
Dividends
418
1 120
-
-
withholding
92
246
-
-
total
92
246
-
-
Income
1 400
1 400
1 400
1 400
Total tax
534
526
558
568
After tax
866
874
842
832
Living cost
490
490
490
490
Free-cash
376
384
352
342

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
€206
€425
€206
€403
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
-
-
-
1 400
social contributions
-
-
-
225
income
-
-
-
392
total
-
-
-
617
Employee
793
-
1 400
-
social contributions
66
-
225
-
income
150
-
392
-
total
216
-
617
-
Employer
793
-
1 400
-
total
-
-
-
-
Corporate
607
1 400
-
-
income
76
175
-
-
total
76
175
-
-
Dividends
531
1 225
-
-
withholding
106
245
-
-
total
106
245
-
-
Income
1 400
1 400
1 400
1 400
Total tax
398
420
617
617
After tax
1 002
980
783
783
Living cost
577
577
577
577
Free-cash
425
403
206
206

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
€264
€266
€197
€319
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
-
-
-
1 400
national
-
-
-
324
regional
-
-
-
16
social contributions
-
-
-
360
municipal
-
-
-
8
total
-
-
-
708
Employee
901
-
1 400
-
municipal
5
-
7
-
national
156
-
282
-
social contributions
304
-
472
-
regional
8
-
14
-
total
473
-
775
-
Employer
901
-
1 400
-
total
-
-
-
-
Corporate
499
1 400
-
-
nationa
120
336
-
-
municipal
19
55
-
-
total
139
391
-
-
Dividends
360
1 009
-
-
withholding
94
262
-
-
total
94
262
-
-
Income
1 400
1 400
1 400
1 400
Total tax
706
653
775
708
After tax
694
747
625
692
Living cost
428
428
428
428
Free-cash
266
319
197
264

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
€414
€439
€347
€462
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
-
-
-
1 400
national
-
-
-
324
regional
-
-
-
21
social contributions
-
-
-
360
municipal
-
-
-
8
total
-
-
-
713
Employee
562
-
1 400
-
municipal
3
-
7
-
national
89
-
282
-
social contributions
190
-
472
-
regional
8
-
19
-
total
290
-
780
-
Employer
562
-
1 400
-
total
-
-
-
-
Corporate
838
1 400
-
-
nationa
201
336
-
-
municipal
42
70
-
-
total
243
406
-
-
Dividends
595
994
-
-
withholding
155
259
-
-
total
155
259
-
-
Income
1 400
1 400
1 400
1 400
Total tax
688
665
780
713
After tax
712
735
620
687
Living cost
273
273
273
273
Free-cash
439
462
347
414

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