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
€ 1450
per

Your estimated
City
free-cash

Andorra , Andorra
€774
€967
€812
€1000
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
-
-
-
1 450
social contributions
-
-
-
319
income
-
-
-
52
total
-
-
-
371
Employee
326
-
1 255
-
social contributions
21
-
82
-
income
-
-
56
-
total
21
-
138
-
Employer
326
-
1 255
-
social contributions
50
-
195
-
total
50
-
195
-
Corporate
1 074
1 450
-
-
income
107
145
-
-
total
107
145
-
-
Dividends
966
1 305
-
-
total
-
-
-
-
Income
1 450
1 450
1 450
1 450
Total tax
178
145
333
371
After tax
1 272
1 305
1 117
1 079
Living cost
305
305
305
305
Free-cash
967
1 000
812
774

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
€417
€480
€61
€484
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
-
-
-
1 450
surtax
-
-
-
-
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
6
pensions
-
-
-
219
income
-
-
-
332
total
-
-
-
710
Employee
443
404
1 126
-
unemployment
13
12
34
-
other
4
4
11
-
income
39
30
266
-
pensions
45
41
115
-
health
17
16
44
-
total
118
103
470
-
Employer
443
404
1 126
-
pensions
56
51
141
-
surtax
-
-
-
-
payroll
13
12
34
-
other
21
19
53
-
health
17
15
43
-
accident
6
5
15
-
unemployment
13
12
34
-
chamber of commerce
2
2
4
-
total
128
116
324
-
Corporate
880
930
1 088
-
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.

220
232
272
-
total
220
232
272
-
Dividends
660
697
-
-
withholding
181
192
-
-
total
181
192
-
-
Income
1 450
1 450
1 450
1 450
Total tax
647
643
1 066
710
After tax
803
807
384
740
Living cost
323
323
323
323
Free-cash
480
484
61
417

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
€381
€432
€27
€449
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
-
-
-
1 450
surtax
-
-
-
2
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
6
pensions
-
-
-
219
income
-
-
-
332
total
-
-
-
712
Employee
506
404
1 124
-
unemployment
15
12
34
-
other
5
4
11
-
income
58
30
266
-
pensions
52
41
115
-
health
20
16
44
-
total
150
103
470
-
Employer
506
404
1 124
-
pensions
64
51
141
-
surtax
2
2
2
-
payroll
15
12
34
-
other
24
19
53
-
health
19
15
42
-
accident
7
5
15
-
unemployment
15
12
34
-
chamber of commerce
2
2
4
-
total
148
118
325
-
Corporate
796
928
1 086
-
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.

199
232
271
-
total
199
232
271
-
Dividends
597
696
-
-
withholding
164
191
-
-
total
164
191
-
-
Income
1 450
1 450
1 450
1 450
Total tax
661
644
1 066
712
After tax
789
806
384
738
Living cost
357
357
357
357
Free-cash
432
449
27
381

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
€268
€290
€158
€442
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
-
-
-
1 450
national
-
-
-
512
communal

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

-
-
-
73
social contributions
-
-
-
228
total
-
-
-
813
Employee

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

725
-
1 123
-
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
-
10
-
national
223
-
389
-
communal

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

38
-
59
-
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
-
84
-
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
-
53
-
total
355
-
595
-
Employer

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

725
-
1 123
-
surtax
82
-
127
-
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
-
100
-
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
-
69
-
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
-
15
-
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
-
327
-
Corporate
514
1 450
-
-
income
103
290
-
-
surtax
2
6
-
-
total
105
296
-
-
Dividends
409
1 154
-
-
withholding

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

119
343
-
-
total
119
343
-
-
Income
1 450
1 450
1 450
1 450
Total tax
790
639
922
813
After tax
660
811
528
637
Living cost
370
370
370
370
Free-cash
290
442
158
268

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
€965
€1004
€1018
€1066
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
-
-
-
1 450
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
-
-
-
217
total
-
-
-
311
Employee
231
-
1 381
-
accident

We are using the highest rate at 1.1%.

3
-
4
-
income
23
-
138
-
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
-
189
-
Employer
231
-
1 381
-
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
1 174
1 450
-
-
income
117
145
-
-
total
117
145
-
-
Dividends
1 057
1 305
-
-
withholding
53
65
-
-
total
53
65
-
-
Income
1 450
1 450
1 450
1 450
Total tax
272
210
258
311
After tax
1 178
1 240
1 192
1 139
Living cost
174
174
174
174
Free-cash
1 004
1 066
1 018
965

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
€1006
€1060
€1059
€1107
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
-
-
-
1 450
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
-
-
-
217
total
-
-
-
311
Employee
176
-
1 381
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
income
18
-
138
-
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
-
189
-
Employer
176
-
1 381
-
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
1 240
1 450
-
-
income
124
145
-
-
total
124
145
-
-
Dividends
1 116
1 305
-
-
withholding
56
65
-
-
total
56
65
-
-
Income
1 450
1 450
1 450
1 450
Total tax
257
210
258
311
After tax
1 193
1 240
1 192
1 139
Living cost
133
133
133
133
Free-cash
1 060
1 107
1 059
1 006

Estimated living cost  is €133 per week

€78
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€9
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€42
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Larnaca , Cyprus
€773
€769
€759
€824
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
-
-
-
1 450
health
-
-
-
37
social contributions
-
-
-
164
income
-
-
-
241
total
-
-
-
442
Employee
779
779
1 338
-
income
85
72
234
-
social contributions
29
65
87
-
health
6
13
23
-
total
120
150
344
-
Employer
779
779
1 338
-
social contributions
29
65
87
-
health
7
14
25
-
total
36
79
112
-
Corporate
1 059
592
-
-
income
132
74
-
-
total
132
74
-
-
Dividends
927
518
-
-
withholding
158
88
-
-
total
158
88
-
-
Income
1 450
1 450
1 450
1 450
Total tax
446
391
456
442
After tax
1 004
1 059
994
1 008
Living cost
235
235
235
235
Free-cash
769
824
759
773

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
€679
€688
€665
€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
-
-
-
1 450
health
-
-
-
37
social contributions
-
-
-
164
income
-
-
-
241
total
-
-
-
442
Employee
779
779
1 338
-
income
82
72
234
-
social contributions
38
65
87
-
health
8
13
23
-
total
128
150
344
-
Employer
779
779
1 338
-
social contributions
38
65
87
-
health
8
14
25
-
total
46
79
112
-
Corporate
948
592
-
-
income
118
74
-
-
total
118
74
-
-
Dividends
829
518
-
-
withholding
141
88
-
-
total
141
88
-
-
Income
1 450
1 450
1 450
1 450
Total tax
433
391
456
442
After tax
1 017
1 059
994
1 008
Living cost
329
329
329
329
Free-cash
688
730
665
679

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
€545
€682
€502
€765
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
-
-
-
1 450
health
-
-
-
196
social contributions
-
-
-
337
income
-
-
-
138
solidarity contribution
-
-
-
-
total
-
-
-
671
Employee
344
-
1 082
-
income
41
-
130
-
social contributions
22
-
70
-
health
46
-
146
-
solidarity contribution
-
-
-
-
total
109
-
346
-
Employer
344
-
1 082
-
social contributions
86
-
271
-
health
31
-
97
-
total
117
-
368
-
Corporate
989
1 450
-
-
income
188
275
-
-
total
188
275
-
-
Dividends
801
1 175
-
-
withholding
120
176
-
-
total
120
176
-
-
Income
1 450
1 450
1 450
1 450
Total tax
534
451
714
671
After tax
916
999
736
779
Living cost
234
234
234
234
Free-cash
682
765
502
545

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
€491
€607
€448
€711
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
-
-
-
1 450
health
-
-
-
196
social contributions
-
-
-
337
income
-
-
-
138
solidarity contribution
-
-
-
-
total
-
-
-
671
Employee
424
-
1 082
-
income
51
-
130
-
social contributions
28
-
70
-
health
57
-
146
-
solidarity contribution
-
-
-
-
total
136
-
346
-
Employer
424
-
1 082
-
social contributions
106
-
271
-
health
38
-
97
-
total
144
-
368
-
Corporate
882
1 450
-
-
income
168
275
-
-
total
168
275
-
-
Dividends
714
1 175
-
-
withholding
107
176
-
-
total
107
176
-
-
Income
1 450
1 450
1 450
1 450
Total tax
555
451
714
671
After tax
895
999
736
779
Living cost
288
288
288
288
Free-cash
607
711
448
491

Estimated living cost  is €288 per week

€214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€16
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€53
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Copenhagen , Denmark
€385
-€764
-€764
-€764
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
-
-
-
1 450
national
-
-
-
159
pensions
-
-
-
9
municipal
-
-
-
292
labour market
-
-
-
115
total
-
-
-
575
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
1 450
1 450
1 450
1 450
Total tax
1 725
1 725
1 725
575
After tax
-275
-275
-275
875
Living cost
490
490
490
490
Free-cash
-764
-764
-764
385

Estimated living cost  is €490 per week

€335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€43
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
€533
€852
€590
€915
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
-
-
-
1 450
health
-
-
-
188
pensions
-
-
-
290
income
-
-
-
194
total
-
-
-
672
Employee
287
-
1 084
-
unemployment
5
-
17
-
income
32
-
209
-
pensions
6
-
22
-
total
43
-
248
-
Employer
287
-
1 084
-
pensions
58
-
217
-
health
37
-
141
-
unemployment
2
-
9
-
total
97
-
367
-
Corporate
1 065
1 450
-
-
income
213
290
-
-
total
213
290
-
-
Dividends
852
1 160
-
-
total
-
-
-
-
Income
1 450
1 450
1 450
1 450
Total tax
353
290
615
672
After tax
1 097
1 160
835
778
Living cost
245
245
245
245
Free-cash
852
915
590
533

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
€592
€557
€393
€540
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

-
-
-
1 450
national
-
-
-
193
health
-
-
-
18
municipal
-
-
-
258
total
-
-
-
469
Employee
533
-
1 220
-
unemployment
8
-
18
-
municipal
87
-
199
-
national
9
-
124
-
pensions
36
-
82
-
health
4
-
15
-
total
144
-
438
-
Employer
533
-
1 220
-
pensions
92
-
212
-
health
4
-
9
-
accident
1
-
1
-
unemployment
3
-
8
-
total
100
-
230
-
Corporate
816
1 450
-
-
income
163
290
-
-
total
163
290
-
-
Dividends

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

490
870
-
-
municipal
88
157
-
-
national
9
74
-
-
total
97
231
-
-
Income
1 450
1 450
1 450
1 450
Total tax
504
521
668
469
After tax
946
929
782
981
Living cost
389
389
389
389
Free-cash
557
540
393
592

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
€511
€474
€523
€418
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
-
-
-
1 450
surtax
-
-
-
-
health
-
-
-
51
pensions
-
-
-
290
social contributions
-
-
-
41
income
-
-
-
200
other
-
-
-
45
total
-
-
-
627
Employee
387
-
1 142
-
income
20
-
204
-
surtax
-
-
-
-
social contributions
11
-
33
-
pensions
44
-
71
-
total
75
-
308
-
Employer
387
-
1 142
-
pensions
64
-
121
-
social contributions
1
-
3
-
other
13
-
41
-
health
27
-
96
-
unemployment
16
-
46
-
total
121
-
307
-
Corporate
942
1 450
-
-
income
264
406
-
-
surtax
-
-
-
-
total
264
406
-
-
Dividends
678
1 044
-
-
withholding
87
134
-
-
social contributions
117
180
-
-
surtax
-
-
-
-
total
204
314
-
-
Income
1 450
1 450
1 450
1 450
Total tax
664
720
615
627
After tax
786
730
835
823
Living cost
312
312
312
312
Free-cash
474
418
523
511

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
€476
€444
€488
€383
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
-
-
-
1 450
surtax
-
-
-
-
health
-
-
-
51
pensions
-
-
-
290
social contributions
-
-
-
41
income
-
-
-
200
other
-
-
-
45
total
-
-
-
627
Employee
434
-
1 142
-
income
26
-
204
-
surtax
-
-
-
-
social contributions
12
-
33
-
pensions
49
-
71
-
total
87
-
308
-
Employer
434
-
1 142
-
pensions
71
-
121
-
social contributions
1
-
3
-
other
15
-
41
-
health
30
-
96
-
unemployment
18
-
46
-
total
135
-
307
-
Corporate
881
1 450
-
-
income
247
406
-
-
surtax
-
-
-
-
total
247
406
-
-
Dividends
634
1 044
-
-
withholding
81
134
-
-
social contributions
109
180
-
-
surtax
-
-
-
-
total
190
314
-
-
Income
1 450
1 450
1 450
1 450
Total tax
659
720
615
627
After tax
791
730
835
823
Living cost
347
347
347
347
Free-cash
444
383
488
476

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
€334
€312
€346
€241
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
-
-
-
1 450
surtax
-
-
-
-
health
-
-
-
51
pensions
-
-
-
290
social contributions
-
-
-
41
income
-
-
-
200
other
-
-
-
45
total
-
-
-
627
Employee
635
-
1 142
-
income
55
-
204
-
surtax
-
-
-
-
social contributions
18
-
33
-
pensions
72
-
71
-
total
145
-
308
-
Employer
635
-
1 142
-
pensions
104
-
121
-
social contributions
2
-
3
-
other
22
-
41
-
health
44
-
96
-
unemployment
26
-
46
-
total
198
-
307
-
Corporate
617
1 450
-
-
income
173
406
-
-
surtax
-
-
-
-
total
173
406
-
-
Dividends
444
1 044
-
-
withholding
57
134
-
-
social contributions
76
180
-
-
surtax
-
-
-
-
total
133
314
-
-
Income
1 450
1 450
1 450
1 450
Total tax
649
720
615
627
After tax
801
730
835
823
Living cost
489
489
489
489
Free-cash
312
241
346
334

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
€1371
€1301
€1095
€1313
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%.

-
-
-
1 450
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
-
1 450
-
income
16
-
290
-
total
16
-
290
-
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%.

1 369
1 450
-
-
total
-
-
-
-
Dividends
1 369
1 450
-
-
withholding
68
72
-
-
total
68
72
-
-
Income
1 450
1 450
1 450
1 450
Total tax
84
72
290
14
After tax
1 366
1 378
1 160
1 436
Living cost
65
65
65
65
Free-cash
1 301
1 313
1 095
1 371

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
€1334
€1257
€1058
€1276
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%.

-
-
-
1 450
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
-
1 450
-
income
25
-
290
-
total
25
-
290
-
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%.

1 323
1 450
-
-
total
-
-
-
-
Dividends
1 323
1 450
-
-
withholding
66
72
-
-
total
66
72
-
-
Income
1 450
1 450
1 450
1 450
Total tax
91
72
290
14
After tax
1 359
1 378
1 160
1 436
Living cost
102
102
102
102
Free-cash
1 257
1 276
1 058
1 334

Estimated living cost  is €102 per week

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

Additional information

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

Berlin , Germany
€416
€488
€556
€355
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.

-
-
-
1 450
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.

-
-
-
23
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.

-
-
-
411
trade
-
-
-
140
total
-
-
-
643
Employee

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

504
-
1 450
-
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
-
411
-
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
-
23
-
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
-
503
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
946
1 450
-
-
trade
136
208
-
-
income
142
218
-
-
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
289
442
-
-
Dividends
657
1 009
-
-
withholding
161
248
-
-
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
14
-
-
total
170
262
-
-
Income
1 450
1 450
1 450
1 450
Total tax
571
704
503
643
After tax
879
746
947
807
Living cost
391
391
391
391
Free-cash
488
355
556
416

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
€486
€537
€640
€425
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.

-
-
-
1 450
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.

-
-
-
23
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.

-
-
-
411
trade
-
-
-
154
total
-
-
-
657
Employee

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

388
-
1 450
-
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
-
411
-
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
-
23
-
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
-
503
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 062
1 450
-
-
trade
167
228
-
-
income
159
218
-
-
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.

9
12
-
-
total
338
462
-
-
Dividends
724
989
-
-
withholding
177
243
-
-
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.

10
13
-
-
total
187
256
-
-
Income
1 450
1 450
1 450
1 450
Total tax
606
718
503
657
After tax
844
732
947
793
Living cost
307
307
307
307
Free-cash
537
425
640
486

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
€388
€470
€549
€325
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.

-
-
-
1 450
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.

-
-
-
23
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.

-
-
-
411
trade
-
-
-
161
total
-
-
-
664
Employee

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

514
-
1 450
-
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
-
411
-
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
-
23
-
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
-
503
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
936
1 450
-
-
trade
154
239
-
-
income
140
218
-
-
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
305
473
-
-
Dividends
631
978
-
-
withholding
154
241
-
-
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
162
254
-
-
Income
1 450
1 450
1 450
1 450
Total tax
582
727
503
664
After tax
868
723
947
786
Living cost
398
398
398
398
Free-cash
470
325
549
388

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
€315
€417
€483
€252
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
1 450
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.

-
-
-
23
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.

-
-
-
411
trade
-
-
-
168
total
-
-
-
671
Employee

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

609
-
1 450
-
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
-
411
-
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
-
23
-
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
-
503
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
841
1 450
-
-
trade
144
249
-
-
income
126
218
-
-
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
280
483
-
-
Dividends
561
968
-
-
withholding
136
238
-
-
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
144
251
-
-
Income
1 450
1 450
1 450
1 450
Total tax
569
734
503
671
After tax
881
716
947
779
Living cost
464
464
464
464
Free-cash
417
252
483
315

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
€461
€650
€423
€684
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
-
-
-
1 450
surtax
-
-
-
49
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
344
other
-
-
-
-
total
-
-
-
761
Employee
341
-
1 198
-
unemployment
24
-
83
-
other
-
-
-
-
income
57
-
310
-
surtax
1
-
43
-
pensions
23
-
80
-
health
9
-
31
-
total
114
-
547
-
Employer
341
-
1 198
-
pensions
46
-
160
-
other
-
-
-
-
health
16
-
54
-
unemployment
11
-
38
-
total
73
-
252
-
Corporate
1 037
1 450
-
-
income
270
377
-
-
total
270
377
-
-
Dividends
767
1 073
-
-
withholding
115
161
-
-
total
115
161
-
-
Income
1 450
1 450
1 450
1 450
Total tax
572
538
799
761
After tax
878
912
651
689
Living cost
228
228
228
228
Free-cash
650
684
423
461

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
€465
€656
€427
€688
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
-
-
-
1 450
surtax
-
-
-
49
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
344
other
-
-
-
-
total
-
-
-
761
Employee
335
-
1 198
-
unemployment
23
-
83
-
other
-
-
-
-
income
56
-
310
-
surtax
1
-
43
-
pensions
22
-
80
-
health
9
-
31
-
total
111
-
547
-
Employer
335
-
1 198
-
pensions
45
-
160
-
other
-
-
-
-
health
15
-
54
-
unemployment
11
-
38
-
total
71
-
252
-
Corporate
1 044
1 450
-
-
income
272
377
-
-
total
272
377
-
-
Dividends
773
1 073
-
-
withholding
116
161
-
-
total
116
161
-
-
Income
1 450
1 450
1 450
1 450
Total tax
570
538
799
761
After tax
880
912
651
689
Living cost
224
224
224
224
Free-cash
656
688
427
465

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
€802
€619
€639
€613
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
-
-
-
1 450
unemployment
-
-
-
22
health
-
-
-
102
pensions
-
-
-
145
income
-
-
-
177
total
-
-
-
446
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.

292
116
1 213
-
unemployment
4
2
18
-
income
36
14
148
-
pensions
29
12
121
-
health
20
8
85
-
total
89
36
372
-
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.

292
116
1 213
-
pensions
57
23
237
-
total
57
23
237
-
Corporate
1 101
1 311
-
-
income
99
118
-
-
total
99
118
-
-
Dividends
1 002
1 193
-
-
withholding
190
227
-
-
social contributions
194
231
-
-
total
384
458
-
-
Income
1 450
1 450
1 450
1 450
Total tax
629
635
609
446
After tax
821
815
841
1 004
Living cost
202
202
202
202
Free-cash
619
613
639
802

Estimated living cost  is €202 per week

€138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€44
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
€370
€407
€382
€415
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
-
-
-
1 450
national
-
-
-
243
pensions
-
-
-
174
social contributions
-
-
-
16
municipal
-
-
-
157
total
-
-
-
590
Employee
760
-
1 254
-
municipal
94
-
163
-
national
145
-
252
-
pensions
30
-
50
-
total
269
-
465
-
Employer
760
-
1 254
-
pensions
61
-
100
-
social contributions
8
-
13
-
total
69
-
113
-
Corporate
571
1 450
-
-
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%.

114
290
-
-
total
114
290
-
-
Dividends
457
1 160
-
-
withholding
101
255
-
-
total
101
255
-
-
Income
1 450
1 450
1 450
1 450
Total tax
553
545
578
590
After tax
897
905
872
860
Living cost
490
490
490
490
Free-cash
407
415
382
370

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
€227
€460
€227
€438
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
-
-
-
1 450
social contributions
-
-
-
234
income
-
-
-
412
total
-
-
-
646
Employee
793
-
1 450
-
social contributions
66
-
234
-
income
150
-
412
-
total
216
-
646
-
Employer
793
-
1 450
-
total
-
-
-
-
Corporate
657
1 450
-
-
income
82
181
-
-
total
82
181
-
-
Dividends
575
1 269
-
-
withholding
115
254
-
-
total
115
254
-
-
Income
1 450
1 450
1 450
1 450
Total tax
413
435
646
646
After tax
1 037
1 015
804
804
Living cost
577
577
577
577
Free-cash
460
438
227
227

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
€284
€293
€216
€345
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
-
-
-
1 450
national
-
-
-
339
regional
-
-
-
17
social contributions
-
-
-
373
municipal
-
-
-
9
total
-
-
-
738
Employee
901
-
1 450
-
municipal
5
-
8
-
national
156
-
294
-
social contributions
304
-
489
-
regional
8
-
15
-
total
473
-
806
-
Employer
901
-
1 450
-
total
-
-
-
-
Corporate
549
1 450
-
-
nationa
132
348
-
-
municipal
21
57
-
-
total
153
405
-
-
Dividends
396
1 045
-
-
withholding
103
272
-
-
total
103
272
-
-
Income
1 450
1 450
1 450
1 450
Total tax
729
677
806
738
After tax
721
773
644
712
Living cost
428
428
428
428
Free-cash
293
345
216
284

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
€434
€466
€366
€489
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
-
-
-
1 450
national
-
-
-
339
regional
-
-
-
22
social contributions
-
-
-
373
municipal
-
-
-
9
total
-
-
-
743
Employee
562
-
1 450
-
municipal
3
-
8
-
national
89
-
294
-
social contributions
190
-
489
-
regional
8
-
20
-
total
290
-
811
-
Employer
562
-
1 450
-
total
-
-
-
-
Corporate
888
1 450
-
-
nationa
213
348
-
-
municipal
44
72
-
-
total
257
420
-
-
Dividends
631
1 030
-
-
withholding
164
268
-
-
total
164
268
-
-
Income
1 450
1 450
1 450
1 450
Total tax
711
688
811
743
After tax
739
762
639
707
Living cost
273
273
273
273
Free-cash
466
489
366
434

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