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
€ 1550
per

Your estimated
City
free-cash

Andorra , Andorra
€845
€1057
€886
€1090
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
-
-
-
1 550
social contributions
-
-
-
341
income
-
-
-
59
total
-
-
-
400
Employee
326
-
1 342
-
social contributions
21
-
87
-
income
-
-
64
-
total
21
-
151
-
Employer
326
-
1 342
-
social contributions
50
-
208
-
total
50
-
208
-
Corporate
1 174
1 550
-
-
income
117
155
-
-
total
117
155
-
-
Dividends
1 056
1 395
-
-
total
-
-
-
-
Income
1 550
1 550
1 550
1 550
Total tax
188
155
359
400
After tax
1 362
1 395
1 191
1 150
Living cost
305
305
305
305
Free-cash
1 057
1 090
886
845

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
€474
€534
€81
€539
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
-
-
-
1 550
surtax
-
-
-
-
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
6
pensions
-
-
-
219
income
-
-
-
375
total
-
-
-
753
Employee
443
404
1 208
-
unemployment
13
12
36
-
other
4
4
12
-
income
39
30
296
-
pensions
45
41
121
-
health
17
16
46
-
total
118
103
511
-
Employer
443
404
1 208
-
pensions
56
51
149
-
surtax
-
-
-
-
payroll
13
12
36
-
other
21
19
57
-
health
17
15
45
-
accident
6
5
15
-
unemployment
13
12
36
-
chamber of commerce
2
2
5
-
total
128
116
343
-
Corporate
980
1 030
1 169
-
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.

245
257
292
-
total
245
257
292
-
Dividends
735
772
-
-
withholding
202
212
-
-
total
202
212
-
-
Income
1 550
1 550
1 550
1 550
Total tax
693
688
1 146
753
After tax
857
862
404
797
Living cost
323
323
323
323
Free-cash
534
539
81
474

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
€438
€486
€46
€503
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
-
-
-
1 550
surtax
-
-
-
2
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
6
pensions
-
-
-
219
income
-
-
-
375
total
-
-
-
755
Employee
506
404
1 206
-
unemployment
15
12
36
-
other
5
4
12
-
income
58
30
295
-
pensions
52
41
121
-
health
20
16
46
-
total
150
103
510
-
Employer
506
404
1 206
-
pensions
64
51
149
-
surtax
2
2
2
-
payroll
15
12
36
-
other
24
19
57
-
health
19
15
45
-
accident
7
5
15
-
unemployment
15
12
36
-
chamber of commerce
2
2
5
-
total
148
118
345
-
Corporate
896
1 028
1 167
-
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.

224
257
292
-
total
224
257
292
-
Dividends
672
771
-
-
withholding
185
212
-
-
total
185
212
-
-
Income
1 550
1 550
1 550
1 550
Total tax
707
690
1 147
755
After tax
843
860
403
795
Living cost
357
357
357
357
Free-cash
486
503
46
438

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
€306
€346
€190
€498
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
-
-
-
1 550
national
-
-
-
554
communal

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

-
-
-
78
social contributions
-
-
-
242
total
-
-
-
874
Employee

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

725
-
1 201
-
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
-
422
-
communal

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

38
-
63
-
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
-
90
-
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
-
56
-
total
355
-
641
-
Employer

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

725
-
1 201
-
surtax
82
-
136
-
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
-
106
-
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
-
74
-
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
-
16
-
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
-
18
-
total
211
-
350
-
Corporate
614
1 550
-
-
income
123
310
-
-
surtax
2
6
-
-
total
125
316
-
-
Dividends
489
1 234
-
-
withholding

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

143
366
-
-
total
143
366
-
-
Income
1 550
1 550
1 550
1 550
Total tax
834
682
991
874
After tax
716
868
559
676
Living cost
370
370
370
370
Free-cash
346
498
190
306

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
€1049
€1090
€1108
€1151
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
-
-
-
1 550
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
-
-
-
233
total
-
-
-
327
Employee
230
-
1 481
-
accident

We are using the highest rate at 1.1%.

3
-
4
-
income
23
-
148
-
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
-
199
-
Employer
230
-
1 481
-
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
1 274
1 550
-
-
income
127
155
-
-
total
127
155
-
-
Dividends
1 147
1 395
-
-
withholding
57
70
-
-
total
57
70
-
-
Income
1 550
1 550
1 550
1 550
Total tax
286
225
268
327
After tax
1 264
1 325
1 282
1 223
Living cost
174
174
174
174
Free-cash
1 090
1 151
1 108
1 049

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
€1090
€1146
€1149
€1192
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
-
-
-
1 550
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
-
-
-
233
total
-
-
-
327
Employee
176
-
1 481
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
income
18
-
148
-
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
-
199
-
Employer
176
-
1 481
-
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
1 340
1 550
-
-
income
134
155
-
-
total
134
155
-
-
Dividends
1 206
1 395
-
-
withholding
60
70
-
-
total
60
70
-
-
Income
1 550
1 550
1 550
1 550
Total tax
271
225
268
327
After tax
1 279
1 325
1 282
1 223
Living cost
133
133
133
133
Free-cash
1 146
1 192
1 149
1 090

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
€836
€842
€822
€897
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
-
-
-
1 550
health
-
-
-
40
social contributions
-
-
-
164
income
-
-
-
275
total
-
-
-
479
Employee
779
779
1 436
-
income
85
72
268
-
social contributions
29
65
87
-
health
6
13
24
-
total
120
150
379
-
Employer
779
779
1 436
-
social contributions
29
65
87
-
health
7
14
27
-
total
36
79
114
-
Corporate
1 159
692
-
-
income
145
86
-
-
total
145
86
-
-
Dividends
1 014
605
-
-
withholding
172
103
-
-
total
172
103
-
-
Income
1 550
1 550
1 550
1 550
Total tax
473
418
493
479
After tax
1 077
1 132
1 057
1 071
Living cost
235
235
235
235
Free-cash
842
897
822
836

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
€742
€760
€728
€803
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
-
-
-
1 550
health
-
-
-
40
social contributions
-
-
-
164
income
-
-
-
275
total
-
-
-
479
Employee
779
779
1 436
-
income
82
72
268
-
social contributions
38
65
87
-
health
8
13
24
-
total
128
150
379
-
Employer
779
779
1 436
-
social contributions
38
65
87
-
health
8
14
27
-
total
46
79
114
-
Corporate
1 048
692
-
-
income
131
86
-
-
total
131
86
-
-
Dividends
917
605
-
-
withholding
156
103
-
-
total
156
103
-
-
Income
1 550
1 550
1 550
1 550
Total tax
461
418
493
479
After tax
1 089
1 132
1 057
1 071
Living cost
329
329
329
329
Free-cash
760
803
728
742

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
€619
€751
€554
€834
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
-
-
-
1 550
health
-
-
-
209
social contributions
-
-
-
337
income
-
-
-
151
solidarity contribution
-
-
-
-
total
-
-
-
697
Employee
344
-
1 158
-
income
41
-
139
-
social contributions
22
-
75
-
health
46
-
156
-
solidarity contribution
-
-
-
-
total
109
-
370
-
Employer
344
-
1 158
-
social contributions
86
-
288
-
health
31
-
104
-
total
117
-
392
-
Corporate
1 089
1 550
-
-
income
207
294
-
-
total
207
294
-
-
Dividends
882
1 256
-
-
withholding
132
188
-
-
total
132
188
-
-
Income
1 550
1 550
1 550
1 550
Total tax
565
482
762
697
After tax
985
1 068
788
853
Living cost
234
234
234
234
Free-cash
751
834
554
619

Estimated living cost  is €234 per week

€162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€50
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
€565
€676
€500
€780
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
-
-
-
1 550
health
-
-
-
209
social contributions
-
-
-
337
income
-
-
-
151
solidarity contribution
-
-
-
-
total
-
-
-
697
Employee
424
-
1 158
-
income
51
-
139
-
social contributions
28
-
75
-
health
57
-
156
-
solidarity contribution
-
-
-
-
total
136
-
370
-
Employer
424
-
1 158
-
social contributions
106
-
288
-
health
38
-
104
-
total
144
-
392
-
Corporate
982
1 550
-
-
income
187
294
-
-
total
187
294
-
-
Dividends
795
1 256
-
-
withholding
119
188
-
-
total
119
188
-
-
Income
1 550
1 550
1 550
1 550
Total tax
586
482
762
697
After tax
964
1 068
788
853
Living cost
288
288
288
288
Free-cash
676
780
500
565

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
€438
-€665
-€665
-€665
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
-
-
-
1 550
national
-
-
-
174
pensions
-
-
-
9
municipal
-
-
-
316
labour market
-
-
-
123
total
-
-
-
622
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
1 550
1 550
1 550
1 550
Total tax
1 725
1 725
1 725
622
After tax
-175
-175
-175
928
Living cost
490
490
490
490
Free-cash
-665
-665
-665
438

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
€585
€932
€648
€995
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
-
-
-
1 550
health
-
-
-
202
pensions
-
-
-
310
income
-
-
-
208
total
-
-
-
720
Employee
287
-
1 158
-
unemployment
5
-
19
-
income
32
-
223
-
pensions
6
-
23
-
total
43
-
265
-
Employer
287
-
1 158
-
pensions
58
-
232
-
health
37
-
151
-
unemployment
2
-
9
-
total
97
-
392
-
Corporate
1 165
1 550
-
-
income
233
310
-
-
total
233
310
-
-
Dividends
932
1 240
-
-
total
-
-
-
-
Income
1 550
1 550
1 550
1 550
Total tax
373
310
657
720
After tax
1 177
1 240
893
830
Living cost
245
245
245
245
Free-cash
932
995
648
585

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
€645
€618
€440
€597
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

-
-
-
1 550
national
-
-
-
221
health
-
-
-
20
municipal
-
-
-
275
total
-
-
-
516
Employee
533
-
1 304
-
unemployment
8
-
20
-
municipal
87
-
212
-
national
9
-
140
-
pensions
36
-
88
-
health
4
-
16
-
total
144
-
476
-
Employer
533
-
1 304
-
pensions
92
-
226
-
health
4
-
10
-
accident
1
-
1
-
unemployment
3
-
8
-
total
100
-
245
-
Corporate
916
1 550
-
-
income
183
310
-
-
total
183
310
-
-
Dividends

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

550
930
-
-
municipal
99
167
-
-
national
17
87
-
-
total
116
254
-
-
Income
1 550
1 550
1 550
1 550
Total tax
543
564
721
516
After tax
1 007
986
829
1 034
Living cost
389
389
389
389
Free-cash
618
597
440
645

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
€565
€525
€566
€469
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
-
-
-
1 550
surtax
-
-
-
-
health
-
-
-
58
pensions
-
-
-
299
social contributions
-
-
-
44
income
-
-
-
224
other
-
-
-
48
total
-
-
-
673
Employee
387
-
1 214
-
income
20
-
223
-
surtax
-
-
-
-
social contributions
11
-
35
-
pensions
44
-
78
-
total
75
-
336
-
Employer
387
-
1 214
-
pensions
64
-
133
-
social contributions
1
-
4
-
other
13
-
45
-
health
27
-
105
-
unemployment
16
-
49
-
total
121
-
336
-
Corporate
1 042
1 550
-
-
income
292
434
-
-
surtax
-
-
-
-
total
292
434
-
-
Dividends
750
1 116
-
-
withholding
96
143
-
-
social contributions
129
192
-
-
surtax
-
-
-
-
total
225
335
-
-
Income
1 550
1 550
1 550
1 550
Total tax
713
769
672
673
After tax
837
781
878
877
Living cost
312
312
312
312
Free-cash
525
469
566
565

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
€530
€495
€531
€434
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
-
-
-
1 550
surtax
-
-
-
-
health
-
-
-
58
pensions
-
-
-
299
social contributions
-
-
-
44
income
-
-
-
224
other
-
-
-
48
total
-
-
-
673
Employee
434
-
1 214
-
income
26
-
223
-
surtax
-
-
-
-
social contributions
12
-
35
-
pensions
49
-
78
-
total
87
-
336
-
Employer
434
-
1 214
-
pensions
71
-
133
-
social contributions
1
-
4
-
other
15
-
45
-
health
30
-
105
-
unemployment
18
-
49
-
total
135
-
336
-
Corporate
981
1 550
-
-
income
275
434
-
-
surtax
-
-
-
-
total
275
434
-
-
Dividends
706
1 116
-
-
withholding
90
143
-
-
social contributions
121
192
-
-
surtax
-
-
-
-
total
211
335
-
-
Income
1 550
1 550
1 550
1 550
Total tax
708
769
672
673
After tax
842
781
878
877
Living cost
347
347
347
347
Free-cash
495
434
531
530

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
€388
€362
€389
€292
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 550
surtax
-
-
-
-
health
-
-
-
58
pensions
-
-
-
299
social contributions
-
-
-
44
income
-
-
-
224
other
-
-
-
48
total
-
-
-
673
Employee
635
-
1 214
-
income
55
-
223
-
surtax
-
-
-
-
social contributions
18
-
35
-
pensions
72
-
78
-
total
145
-
336
-
Employer
635
-
1 214
-
pensions
104
-
133
-
social contributions
2
-
4
-
other
22
-
45
-
health
44
-
105
-
unemployment
26
-
49
-
total
198
-
336
-
Corporate
717
1 550
-
-
income
201
434
-
-
surtax
-
-
-
-
total
201
434
-
-
Dividends
516
1 116
-
-
withholding
66
143
-
-
social contributions
89
192
-
-
surtax
-
-
-
-
total
155
335
-
-
Income
1 550
1 550
1 550
1 550
Total tax
699
769
672
673
After tax
851
781
878
877
Living cost
489
489
489
489
Free-cash
362
292
389
388

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
€1468
€1395
€1174
€1407
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%.

-
-
-
1 550
microenterprise

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

-
-
-
16
total
-
-
-
16
Employee
82
-
1 550
-
income
16
-
310
-
total
16
-
310
-
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%.

1 468
1 550
-
-
total
-
-
-
-
Dividends
1 468
1 550
-
-
withholding
73
77
-
-
total
73
77
-
-
Income
1 550
1 550
1 550
1 550
Total tax
89
77
310
16
After tax
1 461
1 473
1 240
1 534
Living cost
66
66
66
66
Free-cash
1 395
1 407
1 174
1 468

Estimated living cost  is €66 per week

€41
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
€1432
€1351
€1138
€1371
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%.

-
-
-
1 550
microenterprise

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

-
-
-
16
total
-
-
-
16
Employee
128
-
1 550
-
income
26
-
310
-
total
26
-
310
-
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%.

1 422
1 550
-
-
total
-
-
-
-
Dividends
1 422
1 550
-
-
withholding
71
77
-
-
total
71
77
-
-
Income
1 550
1 550
1 550
1 550
Total tax
97
77
310
16
After tax
1 453
1 473
1 240
1 534
Living cost
102
102
102
102
Free-cash
1 351
1 371
1 138
1 432

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
€457
€540
€612
€407
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.

-
-
-
1 550
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.

-
-
-
25
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.

-
-
-
453
trade
-
-
-
155
total
-
-
-
702
Employee

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

504
-
1 550
-
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
-
453
-
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
-
25
-
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
-
547
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 046
1 550
-
-
trade
150
222
-
-
income
157
232
-
-
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
13
-
-
total
319
471
-
-
Dividends
727
1 078
-
-
withholding
178
266
-
-
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
15
-
-
total
188
281
-
-
Income
1 550
1 550
1 550
1 550
Total tax
619
752
547
702
After tax
931
798
1 003
848
Living cost
391
391
391
391
Free-cash
540
407
612
457

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
€526
€587
€696
€476
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.

-
-
-
1 550
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.

-
-
-
25
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.

-
-
-
453
trade
-
-
-
170
total
-
-
-
717
Employee

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

388
-
1 550
-
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
-
453
-
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
-
25
-
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
-
547
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 162
1 550
-
-
trade
183
244
-
-
income
174
232
-
-
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.

10
13
-
-
total
370
493
-
-
Dividends
792
1 057
-
-
withholding
194
260
-
-
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.

11
14
-
-
total
205
274
-
-
Income
1 550
1 550
1 550
1 550
Total tax
656
767
547
717
After tax
894
783
1 003
833
Living cost
307
307
307
307
Free-cash
587
476
696
526

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
€428
€520
€605
€376
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
1 550
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.

-
-
-
25
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.

-
-
-
453
trade
-
-
-
177
total
-
-
-
724
Employee

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

514
-
1 550
-
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
-
453
-
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
-
25
-
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
-
547
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 036
1 550
-
-
trade
170
255
-
-
income
155
232
-
-
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
13
-
-
total
337
504
-
-
Dividends
699
1 046
-
-
withholding
171
258
-
-
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
180
272
-
-
Income
1 550
1 550
1 550
1 550
Total tax
632
776
547
724
After tax
918
774
1 003
826
Living cost
398
398
398
398
Free-cash
520
376
605
428

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
€354
€467
€539
€302
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.

-
-
-
1 550
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.

-
-
-
25
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.

-
-
-
453
trade
-
-
-
185
total
-
-
-
732
Employee

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

609
-
1 550
-
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
-
453
-
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
-
25
-
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
-
547
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
941
1 550
-
-
trade
161
266
-
-
income
141
232
-
-
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
13
-
-
total
313
515
-
-
Dividends
628
1 035
-
-
withholding
153
255
-
-
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
14
-
-
total
161
269
-
-
Income
1 550
1 550
1 550
1 550
Total tax
619
784
547
732
After tax
931
766
1 003
818
Living cost
464
464
464
464
Free-cash
467
302
539
354

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
€509
€713
€456
€747
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
-
-
-
1 550
surtax
-
-
-
56
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
389
other
-
-
-
-
total
-
-
-
813
Employee
341
-
1 280
-
unemployment
24
-
89
-
other
-
-
-
-
income
57
-
341
-
surtax
1
-
48
-
pensions
23
-
85
-
health
9
-
33
-
total
114
-
596
-
Employer
341
-
1 280
-
pensions
46
-
171
-
other
-
-
-
-
health
16
-
58
-
unemployment
11
-
41
-
total
73
-
270
-
Corporate
1 137
1 550
-
-
income
296
403
-
-
total
296
403
-
-
Dividends
841
1 147
-
-
withholding
126
172
-
-
total
126
172
-
-
Income
1 550
1 550
1 550
1 550
Total tax
609
575
866
813
After tax
941
975
684
737
Living cost
228
228
228
228
Free-cash
713
747
456
509

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
€513
€719
€460
€751
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
-
-
-
1 550
surtax
-
-
-
56
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
389
other
-
-
-
-
total
-
-
-
813
Employee
335
-
1 280
-
unemployment
23
-
89
-
other
-
-
-
-
income
56
-
341
-
surtax
1
-
48
-
pensions
22
-
85
-
health
9
-
33
-
total
111
-
596
-
Employer
335
-
1 280
-
pensions
45
-
171
-
other
-
-
-
-
health
15
-
58
-
unemployment
11
-
41
-
total
71
-
270
-
Corporate
1 144
1 550
-
-
income
298
403
-
-
total
298
403
-
-
Dividends
847
1 147
-
-
withholding
127
172
-
-
total
127
172
-
-
Income
1 550
1 550
1 550
1 550
Total tax
607
575
866
813
After tax
943
975
684
737
Living cost
224
224
224
224
Free-cash
719
751
460
513

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
€874
€675
€697
€670
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
-
-
-
1 550
unemployment
-
-
-
23
health
-
-
-
108
pensions
-
-
-
155
income
-
-
-
189
total
-
-
-
475
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.

290
116
1 297
-
unemployment
4
2
19
-
income
36
14
159
-
pensions
29
12
130
-
health
20
8
91
-
total
89
36
399
-
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.

290
116
1 297
-
pensions
57
23
253
-
total
57
23
253
-
Corporate
1 203
1 412
-
-
income
108
127
-
-
total
108
127
-
-
Dividends
1 095
1 285
-
-
withholding
208
244
-
-
social contributions
212
249
-
-
total
420
493
-
-
Income
1 550
1 550
1 550
1 550
Total tax
674
679
652
475
After tax
876
871
898
1 075
Living cost
201
201
201
201
Free-cash
675
670
697
874

Estimated living cost  is €201 per week

€137
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.
€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.
€43
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
€426
€468
€438
€476
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
-
-
-
1 550
national
-
-
-
261
pensions
-
-
-
186
social contributions
-
-
-
17
municipal
-
-
-
169
total
-
-
-
633
Employee
761
-
1 340
-
municipal
94
-
175
-
national
146
-
271
-
pensions
30
-
54
-
total
270
-
500
-
Employer
761
-
1 340
-
pensions
61
-
107
-
social contributions
8
-
14
-
total
69
-
121
-
Corporate
670
1 550
-
-
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%.

134
310
-
-
total
134
310
-
-
Dividends
536
1 240
-
-
withholding
118
273
-
-
total
118
273
-
-
Income
1 550
1 550
1 550
1 550
Total tax
591
583
621
633
After tax
959
967
929
917
Living cost
491
491
491
491
Free-cash
468
476
438
426

Estimated living cost  is €491 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
€268
€529
€268
€508
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
-
-
-
1 550
social contributions
-
-
-
253
income
-
-
-
452
total
-
-
-
705
Employee
793
-
1 550
-
social contributions
66
-
253
-
income
150
-
452
-
total
216
-
705
-
Employer
793
-
1 550
-
total
-
-
-
-
Corporate
757
1 550
-
-
income
95
194
-
-
total
95
194
-
-
Dividends
663
1 356
-
-
withholding
133
271
-
-
total
133
271
-
-
Income
1 550
1 550
1 550
1 550
Total tax
444
465
705
705
After tax
1 106
1 085
845
845
Living cost
577
577
577
577
Free-cash
529
508
268
268

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
€326
€346
€255
€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
-
-
-
1 550
national
-
-
-
370
regional
-
-
-
18
social contributions
-
-
-
399
municipal
-
-
-
9
total
-
-
-
796
Employee
901
-
1 550
-
municipal
5
-
8
-
national
156
-
320
-
social contributions
304
-
523
-
regional
8
-
16
-
total
473
-
867
-
Employer
901
-
1 550
-
total
-
-
-
-
Corporate
649
1 550
-
-
nationa
156
372
-
-
municipal
25
60
-
-
total
181
432
-
-
Dividends
468
1 118
-
-
withholding
122
291
-
-
total
122
291
-
-
Income
1 550
1 550
1 550
1 550
Total tax
776
723
867
796
After tax
774
827
683
754
Living cost
428
428
428
428
Free-cash
346
399
255
326

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
€476
€519
€405
€542
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
-
-
-
1 550
national
-
-
-
370
regional
-
-
-
23
social contributions
-
-
-
399
municipal
-
-
-
9
total
-
-
-
801
Employee
562
-
1 550
-
municipal
3
-
8
-
national
89
-
320
-
social contributions
190
-
523
-
regional
8
-
21
-
total
290
-
872
-
Employer
562
-
1 550
-
total
-
-
-
-
Corporate
988
1 550
-
-
nationa
237
372
-
-
municipal
49
77
-
-
total
286
449
-
-
Dividends
702
1 101
-
-
withholding
182
286
-
-
total
182
286
-
-
Income
1 550
1 550
1 550
1 550
Total tax
758
735
872
801
After tax
792
815
678
749
Living cost
273
273
273
273
Free-cash
519
542
405
476

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