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
€ 1600
per

Your estimated
City
free-cash

Andorra , Andorra
€880
€1102
€922
€1135
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
-
-
-
1 600
social contributions
-
-
-
352
income
-
-
-
63
total
-
-
-
415
Employee
326
-
1 385
-
social contributions
21
-
90
-
income
-
-
68
-
total
21
-
158
-
Employer
326
-
1 385
-
social contributions
50
-
215
-
total
50
-
215
-
Corporate
1 224
1 600
-
-
income
122
160
-
-
total
122
160
-
-
Dividends
1 101
1 440
-
-
total
-
-
-
-
Income
1 600
1 600
1 600
1 600
Total tax
193
160
373
415
After tax
1 407
1 440
1 227
1 185
Living cost
305
305
305
305
Free-cash
1 102
1 135
922
880

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
€500
€562
€95
€565
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
-
-
-
1 600
surtax
-
-
-
-
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
6
pensions
-
-
-
219
income
-
-
-
399
total
-
-
-
777
Employee
443
404
1 254
-
unemployment
13
12
36
-
other
4
4
12
-
income
39
30
316
-
pensions
45
41
121
-
health
17
16
46
-
total
118
103
531
-
Employer
443
404
1 254
-
pensions
56
51
149
-
surtax
-
-
-
-
payroll
13
12
38
-
other
21
19
59
-
health
17
15
45
-
accident
6
5
15
-
unemployment
13
12
36
-
chamber of commerce
2
2
5
-
total
128
116
347
-
Corporate
1 030
1 080
1 216
-
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.

257
270
304
-
total
257
270
304
-
Dividends
772
810
-
-
withholding
212
223
-
-
total
212
223
-
-
Income
1 600
1 600
1 600
1 600
Total tax
715
712
1 182
777
After tax
885
888
418
823
Living cost
323
323
323
323
Free-cash
562
565
95
500

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
€464
€514
€61
€531
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
-
-
-
1 600
surtax
-
-
-
2
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
6
pensions
-
-
-
219
income
-
-
-
399
total
-
-
-
779
Employee
506
404
1 252
-
unemployment
15
12
36
-
other
5
4
12
-
income
58
30
315
-
pensions
52
41
121
-
health
20
16
46
-
total
150
103
530
-
Employer
506
404
1 252
-
pensions
64
51
149
-
surtax
2
2
2
-
payroll
15
12
38
-
other
24
19
59
-
health
19
15
45
-
accident
7
5
15
-
unemployment
15
12
36
-
chamber of commerce
2
2
5
-
total
148
118
349
-
Corporate
946
1 078
1 214
-
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.

236
269
303
-
total
236
269
303
-
Dividends
709
808
-
-
withholding
195
222
-
-
total
195
222
-
-
Income
1 600
1 600
1 600
1 600
Total tax
729
712
1 182
779
After tax
871
888
418
821
Living cost
357
357
357
357
Free-cash
514
531
61
464

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
€324
€374
€204
€526
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
-
-
-
1 600
national
-
-
-
576
communal

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

-
-
-
81
social contributions
-
-
-
249
total
-
-
-
906
Employee

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

725
-
1 239
-
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
-
11
-
national
223
-
439
-
communal

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

38
-
65
-
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
-
93
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

34
-
58
-
total
355
-
666
-
Employer

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

725
-
1 239
-
surtax
82
-
141
-
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
-
110
-
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
-
76
-
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
-
361
-
Corporate
664
1 600
-
-
income
133
320
-
-
surtax
3
6
-
-
total
136
326
-
-
Dividends
529
1 274
-
-
withholding

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

155
378
-
-
total
155
378
-
-
Income
1 600
1 600
1 600
1 600
Total tax
857
704
1 027
906
After tax
743
896
573
694
Living cost
370
370
370
370
Free-cash
374
526
204
324

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
€1092
€1132
€1153
€1194
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
-
-
-
1 600
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
-
-
-
240
total
-
-
-
334
Employee
231
-
1 531
-
accident

We are using the highest rate at 1.1%.

3
-
4
-
income
23
-
153
-
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
-
204
-
Employer
231
-
1 531
-
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
1 324
1 600
-
-
income
132
160
-
-
total
132
160
-
-
Dividends
1 192
1 440
-
-
withholding
60
72
-
-
total
60
72
-
-
Income
1 600
1 600
1 600
1 600
Total tax
294
232
273
334
After tax
1 306
1 368
1 327
1 266
Living cost
174
174
174
174
Free-cash
1 132
1 194
1 153
1 092

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
€1133
€1188
€1194
€1235
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
-
-
-
1 600
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
-
-
-
240
total
-
-
-
334
Employee
176
-
1 531
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
income
18
-
153
-
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
-
204
-
Employer
176
-
1 531
-
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
1 390
1 600
-
-
income
139
160
-
-
total
139
160
-
-
Dividends
1 251
1 440
-
-
withholding
63
72
-
-
total
63
72
-
-
Income
1 600
1 600
1 600
1 600
Total tax
279
232
273
334
After tax
1 321
1 368
1 327
1 266
Living cost
133
133
133
133
Free-cash
1 188
1 235
1 194
1 133

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
€868
€878
€854
€933
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
-
-
-
1 600
health
-
-
-
41
social contributions
-
-
-
164
income
-
-
-
292
total
-
-
-
497
Employee
779
779
1 485
-
income
85
72
285
-
social contributions
29
65
87
-
health
6
13
25
-
total
120
150
397
-
Employer
779
779
1 485
-
social contributions
29
65
87
-
health
7
14
27
-
total
36
79
114
-
Corporate
1 209
742
-
-
income
151
93
-
-
total
151
93
-
-
Dividends
1 058
649
-
-
withholding
180
110
-
-
total
180
110
-
-
Income
1 600
1 600
1 600
1 600
Total tax
487
432
511
497
After tax
1 113
1 168
1 089
1 103
Living cost
235
235
235
235
Free-cash
878
933
854
868

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
€774
€797
€760
€839
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
-
-
-
1 600
health
-
-
-
41
social contributions
-
-
-
164
income
-
-
-
292
total
-
-
-
497
Employee
779
779
1 485
-
income
82
72
285
-
social contributions
38
65
87
-
health
8
13
25
-
total
128
150
397
-
Employer
779
779
1 485
-
social contributions
38
65
87
-
health
8
14
27
-
total
46
79
114
-
Corporate
1 098
742
-
-
income
137
93
-
-
total
137
93
-
-
Dividends
960
649
-
-
withholding
163
110
-
-
total
163
110
-
-
Income
1 600
1 600
1 600
1 600
Total tax
474
432
511
497
After tax
1 126
1 168
1 089
1 103
Living cost
329
329
329
329
Free-cash
797
839
760
774

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
€656
€786
€588
€868
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
-
-
-
1 600
health
-
-
-
216
social contributions
-
-
-
337
income
-
-
-
157
solidarity contribution
-
-
-
-
total
-
-
-
710
Employee
344
-
1 203
-
income
41
-
145
-
social contributions
22
-
75
-
health
46
-
162
-
solidarity contribution
-
-
-
-
total
109
-
382
-
Employer
344
-
1 203
-
social contributions
86
-
288
-
health
31
-
108
-
total
117
-
396
-
Corporate
1 139
1 600
-
-
income
216
304
-
-
total
216
304
-
-
Dividends
923
1 296
-
-
withholding
138
194
-
-
total
138
194
-
-
Income
1 600
1 600
1 600
1 600
Total tax
580
498
778
710
After tax
1 020
1 102
822
890
Living cost
234
234
234
234
Free-cash
786
868
588
656

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
€602
€711
€534
€814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 600
health
-
-
-
216
social contributions
-
-
-
337
income
-
-
-
157
solidarity contribution
-
-
-
-
total
-
-
-
710
Employee
424
-
1 203
-
income
51
-
145
-
social contributions
28
-
75
-
health
57
-
162
-
solidarity contribution
-
-
-
-
total
136
-
382
-
Employer
424
-
1 203
-
social contributions
106
-
288
-
health
38
-
108
-
total
144
-
396
-
Corporate
1 032
1 600
-
-
income
196
304
-
-
total
196
304
-
-
Dividends
836
1 296
-
-
withholding
125
194
-
-
total
125
194
-
-
Income
1 600
1 600
1 600
1 600
Total tax
601
498
778
710
After tax
999
1 102
822
890
Living cost
288
288
288
288
Free-cash
711
814
534
602

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
€464
-€615
-€615
-€615
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
-
-
-
1 600
national
-
-
-
182
pensions
-
-
-
9
municipal
-
-
-
328
labour market
-
-
-
127
total
-
-
-
646
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
1 600
1 600
1 600
1 600
Total tax
1 725
1 725
1 725
646
After tax
-125
-125
-125
954
Living cost
490
490
490
490
Free-cash
-615
-615
-615
464

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
€613
€972
€677
€1035
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
-
-
-
1 600
health
-
-
-
208
pensions
-
-
-
320
income
-
-
-
214
total
-
-
-
742
Employee
287
-
1 196
-
unemployment
5
-
19
-
income
32
-
231
-
pensions
6
-
24
-
total
43
-
274
-
Employer
287
-
1 196
-
pensions
58
-
239
-
health
37
-
155
-
unemployment
2
-
10
-
total
97
-
404
-
Corporate
1 215
1 600
-
-
income
243
320
-
-
total
243
320
-
-
Dividends
972
1 280
-
-
total
-
-
-
-
Income
1 600
1 600
1 600
1 600
Total tax
383
320
678
742
After tax
1 217
1 280
922
858
Living cost
245
245
245
245
Free-cash
972
1 035
677
613

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
€671
€647
€463
€625
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
1 600
national
-
-
-
236
health
-
-
-
20
municipal
-
-
-
284
total
-
-
-
540
Employee
533
-
1 346
-
unemployment
8
-
20
-
municipal
87
-
219
-
national
9
-
148
-
pensions
36
-
91
-
health
4
-
16
-
total
144
-
494
-
Employer
533
-
1 346
-
pensions
92
-
234
-
health
4
-
10
-
accident
1
-
1
-
unemployment
3
-
9
-
total
100
-
254
-
Corporate
966
1 600
-
-
income
193
320
-
-
total
193
320
-
-
Dividends

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

580
960
-
-
municipal
104
173
-
-
national
23
93
-
-
total
127
266
-
-
Income
1 600
1 600
1 600
1 600
Total tax
564
586
748
540
After tax
1 036
1 014
852
1 060
Living cost
389
389
389
389
Free-cash
647
625
463
671

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
€592
€550
€586
€495
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
-
-
-
1 600
surtax
-
-
-
-
health
-
-
-
62
pensions
-
-
-
303
social contributions
-
-
-
46
income
-
-
-
235
other
-
-
-
50
total
-
-
-
696
Employee
387
-
1 250
-
income
20
-
233
-
surtax
-
-
-
-
social contributions
11
-
36
-
pensions
44
-
82
-
total
75
-
351
-
Employer
387
-
1 250
-
pensions
64
-
139
-
social contributions
1
-
4
-
other
13
-
47
-
health
27
-
110
-
unemployment
16
-
51
-
total
121
-
351
-
Corporate
1 092
1 600
-
-
income
306
448
-
-
surtax
-
-
-
-
total
306
448
-
-
Dividends
786
1 152
-
-
withholding
101
147
-
-
social contributions
135
198
-
-
surtax
-
-
-
-
total
236
345
-
-
Income
1 600
1 600
1 600
1 600
Total tax
738
793
702
696
After tax
862
807
898
904
Living cost
312
312
312
312
Free-cash
550
495
586
592

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
€557
€519
€551
€460
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
-
-
-
1 600
surtax
-
-
-
-
health
-
-
-
62
pensions
-
-
-
303
social contributions
-
-
-
46
income
-
-
-
235
other
-
-
-
50
total
-
-
-
696
Employee
434
-
1 250
-
income
26
-
233
-
surtax
-
-
-
-
social contributions
12
-
36
-
pensions
49
-
82
-
total
87
-
351
-
Employer
434
-
1 250
-
pensions
71
-
139
-
social contributions
1
-
4
-
other
15
-
47
-
health
30
-
110
-
unemployment
18
-
51
-
total
135
-
351
-
Corporate
1 031
1 600
-
-
income
289
448
-
-
surtax
-
-
-
-
total
289
448
-
-
Dividends
742
1 152
-
-
withholding
95
147
-
-
social contributions
128
198
-
-
surtax
-
-
-
-
total
223
345
-
-
Income
1 600
1 600
1 600
1 600
Total tax
734
793
702
696
After tax
866
807
898
904
Living cost
347
347
347
347
Free-cash
519
460
551
557

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
€415
€387
€409
€318
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
-
-
-
1 600
surtax
-
-
-
-
health
-
-
-
62
pensions
-
-
-
303
social contributions
-
-
-
46
income
-
-
-
235
other
-
-
-
50
total
-
-
-
696
Employee
635
-
1 250
-
income
55
-
233
-
surtax
-
-
-
-
social contributions
18
-
36
-
pensions
72
-
82
-
total
145
-
351
-
Employer
635
-
1 250
-
pensions
104
-
139
-
social contributions
2
-
4
-
other
22
-
47
-
health
44
-
110
-
unemployment
26
-
51
-
total
198
-
351
-
Corporate
767
1 600
-
-
income
215
448
-
-
surtax
-
-
-
-
total
215
448
-
-
Dividends
552
1 152
-
-
withholding
71
147
-
-
social contributions
95
198
-
-
surtax
-
-
-
-
total
166
345
-
-
Income
1 600
1 600
1 600
1 600
Total tax
724
793
702
696
After tax
876
807
898
904
Living cost
489
489
489
489
Free-cash
387
318
409
415

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
€1518
€1442
€1214
€1454
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%.

-
-
-
1 600
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
-
1 600
-
income
16
-
320
-
total
16
-
320
-
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%.

1 518
1 600
-
-
total
-
-
-
-
Dividends
1 518
1 600
-
-
withholding
76
80
-
-
total
76
80
-
-
Income
1 600
1 600
1 600
1 600
Total tax
92
80
320
16
After tax
1 508
1 520
1 280
1 584
Living cost
66
66
66
66
Free-cash
1 442
1 454
1 214
1 518

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
€1482
€1398
€1178
€1418
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%.

-
-
-
1 600
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
-
1 600
-
income
26
-
320
-
total
26
-
320
-
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%.

1 472
1 600
-
-
total
-
-
-
-
Dividends
1 472
1 600
-
-
withholding
74
80
-
-
total
74
80
-
-
Income
1 600
1 600
1 600
1 600
Total tax
100
80
320
16
After tax
1 500
1 520
1 280
1 584
Living cost
102
102
102
102
Free-cash
1 398
1 418
1 178
1 482

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
€478
€567
€640
€433
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.

-
-
-
1 600
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.

-
-
-
26
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.

-
-
-
474
trade
-
-
-
162
total
-
-
-
731
Employee

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

504
-
1 600
-
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
-
474
-
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
-
26
-
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
-
569
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 096
1 600
-
-
trade
157
230
-
-
income
164
240
-
-
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
333
487
-
-
Dividends
762
1 113
-
-
withholding
187
274
-
-
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
197
289
-
-
Income
1 600
1 600
1 600
1 600
Total tax
642
776
569
731
After tax
958
824
1 031
869
Living cost
391
391
391
391
Free-cash
567
433
640
478

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
€546
€612
€724
€500
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.

-
-
-
1 600
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.

-
-
-
26
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.

-
-
-
474
trade
-
-
-
178
total
-
-
-
747
Employee

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

388
-
1 600
-
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
-
474
-
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
-
26
-
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
-
569
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 212
1 600
-
-
trade
191
252
-
-
income
182
240
-
-
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
386
509
-
-
Dividends
826
1 091
-
-
withholding
203
269
-
-
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
15
-
-
total
214
284
-
-
Income
1 600
1 600
1 600
1 600
Total tax
681
793
569
747
After tax
919
807
1 031
853
Living cost
307
307
307
307
Free-cash
612
500
724
546

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
€447
€544
€633
€401
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.

-
-
-
1 600
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.

-
-
-
26
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.

-
-
-
474
trade
-
-
-
186
total
-
-
-
755
Employee

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

514
-
1 600
-
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
-
474
-
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
-
26
-
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
-
569
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 086
1 600
-
-
trade
179
263
-
-
income
163
240
-
-
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
354
520
-
-
Dividends
732
1 080
-
-
withholding
179
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
189
281
-
-
Income
1 600
1 600
1 600
1 600
Total tax
658
801
569
755
After tax
942
799
1 031
845
Living cost
398
398
398
398
Free-cash
544
401
633
447

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
€373
€491
€567
€328
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.

-
-
-
1 600
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.

-
-
-
26
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.

-
-
-
474
trade
-
-
-
194
total
-
-
-
763
Employee

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

609
-
1 600
-
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
-
474
-
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
-
26
-
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
-
569
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
991
1 600
-
-
trade
170
274
-
-
income
149
240
-
-
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
330
531
-
-
Dividends
661
1 069
-
-
withholding
161
263
-
-
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
277
-
-
Income
1 600
1 600
1 600
1 600
Total tax
645
808
569
763
After tax
955
792
1 031
837
Living cost
464
464
464
464
Free-cash
491
328
567
373

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
€532
€744
€473
€778
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
-
-
-
1 600
surtax
-
-
-
60
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
412
other
-
-
-
-
total
-
-
-
840
Employee
341
-
1 322
-
unemployment
24
-
92
-
other
-
-
-
-
income
57
-
356
-
surtax
1
-
51
-
pensions
23
-
88
-
health
9
-
34
-
total
114
-
621
-
Employer
341
-
1 322
-
pensions
46
-
176
-
other
-
-
-
-
health
16
-
60
-
unemployment
11
-
42
-
total
73
-
278
-
Corporate
1 187
1 600
-
-
income
309
416
-
-
total
309
416
-
-
Dividends
878
1 184
-
-
withholding
132
178
-
-
total
132
178
-
-
Income
1 600
1 600
1 600
1 600
Total tax
628
594
899
840
After tax
972
1 006
701
760
Living cost
228
228
228
228
Free-cash
744
778
473
532

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
€536
€750
€477
€782
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
-
-
-
1 600
surtax
-
-
-
60
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
412
other
-
-
-
-
total
-
-
-
840
Employee
335
-
1 322
-
unemployment
23
-
92
-
other
-
-
-
-
income
56
-
356
-
surtax
1
-
51
-
pensions
22
-
88
-
health
9
-
34
-
total
111
-
621
-
Employer
335
-
1 322
-
pensions
45
-
176
-
other
-
-
-
-
health
15
-
60
-
unemployment
11
-
42
-
total
71
-
278
-
Corporate
1 194
1 600
-
-
income
311
416
-
-
total
311
416
-
-
Dividends
884
1 184
-
-
withholding
133
178
-
-
total
133
178
-
-
Income
1 600
1 600
1 600
1 600
Total tax
626
594
899
840
After tax
974
1 006
701
760
Living cost
224
224
224
224
Free-cash
750
782
477
536

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
€907
€702
€726
€697
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
-
-
-
1 600
unemployment
-
-
-
24
health
-
-
-
112
pensions
-
-
-
160
income
-
-
-
196
total
-
-
-
492
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
1 339
-
unemployment
4
2
20
-
income
36
14
164
-
pensions
29
12
134
-
health
20
8
94
-
total
89
36
412
-
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
1 339
-
pensions
57
23
261
-
total
57
23
261
-
Corporate
1 253
1 462
-
-
income
113
132
-
-
total
113
132
-
-
Dividends
1 140
1 330
-
-
withholding
217
253
-
-
social contributions
221
258
-
-
total
438
511
-
-
Income
1 600
1 600
1 600
1 600
Total tax
697
702
673
492
After tax
903
898
927
1 108
Living cost
201
201
201
201
Free-cash
702
697
726
907

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
€455
€499
€467
€507
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
-
-
-
1 600
national
-
-
-
270
pensions
-
-
-
192
social contributions
-
-
-
17
municipal
-
-
-
175
total
-
-
-
654
Employee
761
-
1 383
-
municipal
94
-
181
-
national
146
-
280
-
pensions
30
-
55
-
total
270
-
516
-
Employer
761
-
1 383
-
pensions
61
-
111
-
social contributions
8
-
15
-
total
69
-
126
-
Corporate
720
1 600
-
-
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%.

144
320
-
-
total
144
320
-
-
Dividends
576
1 280
-
-
withholding
127
282
-
-
total
127
282
-
-
Income
1 600
1 600
1 600
1 600
Total tax
610
602
642
654
After tax
990
998
958
946
Living cost
491
491
491
491
Free-cash
499
507
467
455

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
€288
€565
€288
€543
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
-
-
-
1 600
social contributions
-
-
-
263
income
-
-
-
472
total
-
-
-
735
Employee
793
-
1 600
-
social contributions
66
-
263
-
income
150
-
472
-
total
216
-
735
-
Employer
793
-
1 600
-
total
-
-
-
-
Corporate
807
1 600
-
-
income
101
200
-
-
total
101
200
-
-
Dividends
706
1 400
-
-
withholding
141
280
-
-
total
141
280
-
-
Income
1 600
1 600
1 600
1 600
Total tax
458
480
735
735
After tax
1 142
1 120
865
865
Living cost
577
577
577
577
Free-cash
565
543
288
288

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
€346
€373
€276
€426
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
-
-
-
1 600
national
-
-
-
385
regional
-
-
-
19
social contributions
-
-
-
412
municipal
-
-
-
10
total
-
-
-
826
Employee
901
-
1 600
-
municipal
5
-
8
-
national
156
-
332
-
social contributions
304
-
540
-
regional
8
-
16
-
total
473
-
896
-
Employer
901
-
1 600
-
total
-
-
-
-
Corporate
699
1 600
-
-
nationa
168
384
-
-
municipal
27
62
-
-
total
195
446
-
-
Dividends
504
1 154
-
-
withholding
131
300
-
-
total
131
300
-
-
Income
1 600
1 600
1 600
1 600
Total tax
799
746
896
826
After tax
801
854
704
774
Living cost
428
428
428
428
Free-cash
373
426
276
346

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
€496
€544
€425
€568
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
-
-
-
1 600
national
-
-
-
385
regional
-
-
-
24
social contributions
-
-
-
412
municipal
-
-
-
10
total
-
-
-
831
Employee
562
-
1 600
-
municipal
3
-
8
-
national
89
-
332
-
social contributions
190
-
540
-
regional
8
-
22
-
total
290
-
902
-
Employer
562
-
1 600
-
total
-
-
-
-
Corporate
1 038
1 600
-
-
nationa
249
384
-
-
municipal
52
80
-
-
total
301
464
-
-
Dividends
737
1 136
-
-
withholding
192
295
-
-
total
192
295
-
-
Income
1 600
1 600
1 600
1 600
Total tax
783
759
902
831
After tax
817
841
698
769
Living cost
273
273
273
273
Free-cash
544
568
425
496

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