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
€ 1800
per

Your estimated
City
free-cash

Andorra , Andorra
€1020
€1282
€1068
€1315
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
-
-
-
1 800
social contributions
-
-
-
396
income
-
-
-
79
total
-
-
-
475
Employee
326
-
1 558
-
social contributions
21
-
101
-
income
-
-
84
-
total
21
-
185
-
Employer
326
-
1 558
-
social contributions
50
-
242
-
total
50
-
242
-
Corporate
1 424
1 800
-
-
income
142
180
-
-
total
142
180
-
-
Dividends
1 281
1 620
-
-
total
-
-
-
-
Income
1 800
1 800
1 800
1 800
Total tax
213
180
427
475
After tax
1 587
1 620
1 373
1 325
Living cost
305
305
305
305
Free-cash
1 282
1 315
1 068
1 020

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
€603
€670
€153
€674
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
-
-
-
1 800
surtax
-
-
-
-
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
7
pensions
-
-
-
219
income
-
-
-
495
total
-
-
-
874
Employee
443
404
1 441
-
unemployment
13
12
36
-
other
4
4
12
-
income
39
30
398
-
pensions
45
41
121
-
health
17
16
46
-
total
118
103
613
-
Employer
443
404
1 441
-
pensions
56
51
149
-
surtax
-
-
-
-
payroll
13
12
43
-
other
21
19
66
-
health
17
15
45
-
accident
6
5
15
-
unemployment
13
12
36
-
chamber of commerce
2
2
6
-
total
128
116
360
-
Corporate
1 230
1 280
1 402
-
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.

307
320
351
-
total
307
320
351
-
Dividends
922
960
-
-
withholding
254
264
-
-
total
254
264
-
-
Income
1 800
1 800
1 800
1 800
Total tax
807
803
1 324
874
After tax
993
997
476
926
Living cost
323
323
323
323
Free-cash
670
674
153
603

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
€567
€623
€119
€639
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
-
-
-
1 800
surtax
-
-
-
2
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
7
pensions
-
-
-
219
income
-
-
-
495
total
-
-
-
876
Employee
506
404
1 439
-
unemployment
15
12
36
-
other
5
4
12
-
income
58
30
397
-
pensions
52
41
121
-
health
20
16
46
-
total
150
103
612
-
Employer
506
404
1 439
-
pensions
64
51
149
-
surtax
2
2
2
-
payroll
15
12
43
-
other
24
19
66
-
health
19
15
45
-
accident
7
5
15
-
unemployment
15
12
36
-
chamber of commerce
2
2
6
-
total
148
118
362
-
Corporate
1 146
1 278
1 400
-
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.

286
319
350
-
total
286
319
350
-
Dividends
859
958
-
-
withholding
236
264
-
-
total
236
264
-
-
Income
1 800
1 800
1 800
1 800
Total tax
820
804
1 324
876
After tax
980
996
476
924
Living cost
357
357
357
357
Free-cash
623
639
119
567

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
€410
€486
€262
€638
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
-
-
-
1 800
national
-
-
-
674
communal

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

-
-
-
93
social contributions
-
-
-
253
total
-
-
-
1 020
Employee

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

725
-
1 394
-
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
-
12
-
national
223
-
506
-
communal

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

38
-
73
-
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
-
105
-
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
-
66
-
total
355
-
762
-
Employer

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

725
-
1 394
-
surtax
82
-
158
-
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
-
124
-
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
-
86
-
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
-
18
-
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
-
20
-
total
211
-
406
-
Corporate
864
1 800
-
-
income
173
360
-
-
surtax
3
7
-
-
total
176
367
-
-
Dividends
688
1 433
-
-
withholding

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

203
426
-
-
total
203
426
-
-
Income
1 800
1 800
1 800
1 800
Total tax
945
793
1 168
1 020
After tax
855
1 007
632
780
Living cost
370
370
370
370
Free-cash
486
638
262
410

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
€1260
€1301
€1332
€1364
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
-
-
-
1 800
unemployment
-
-
-
1
health
-
-
-
41
pensions

Individual pension and social contributions account is optional for those who entered the labor force after 31 December, 2014.

-
-
-
53
income
-
-
-
270
total
-
-
-
365
Employee
231
-
1 730
-
accident

We are using the highest rate at 1.1%.

3
-
4
-
income
23
-
173
-
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
-
224
-
Employer
231
-
1 730
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

26
-
39
-
health
16
-
24
-
accident

We are using the highest rate at 1.1%.

3
-
4
-
unemployment
1
-
2
-
total
46
-
69
-
Corporate
1 523
1 800
-
-
income
152
180
-
-
total
152
180
-
-
Dividends
1 371
1 620
-
-
withholding
69
81
-
-
total
69
81
-
-
Income
1 800
1 800
1 800
1 800
Total tax
324
261
293
365
After tax
1 476
1 539
1 507
1 435
Living cost
175
175
175
175
Free-cash
1 301
1 364
1 332
1 260

Estimated living cost  is €175 per week

€116
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
€1302
€1359
€1374
€1406
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
-
-
-
1 800
unemployment
-
-
-
1
health
-
-
-
41
pensions

Individual pension and social contributions account is optional for those who entered the labor force after 31 December, 2014.

-
-
-
53
income
-
-
-
270
total
-
-
-
365
Employee
176
-
1 730
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
income
18
-
173
-
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
-
224
-
Employer
176
-
1 730
-
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
1 589
1 800
-
-
income
159
180
-
-
total
159
180
-
-
Dividends
1 430
1 620
-
-
withholding
72
81
-
-
total
72
81
-
-
Income
1 800
1 800
1 800
1 800
Total tax
308
261
293
365
After tax
1 492
1 539
1 507
1 435
Living cost
133
133
133
133
Free-cash
1 359
1 406
1 374
1 302

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.
€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.
€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
€994
€1023
€979
€1078
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
-
-
-
1 800
health
-
-
-
46
social contributions
-
-
-
164
income
-
-
-
361
total
-
-
-
571
Employee
779
779
1 682
-
income
85
72
352
-
social contributions
29
65
87
-
health
6
13
29
-
total
120
150
468
-
Employer
779
779
1 682
-
social contributions
29
65
87
-
health
7
14
31
-
total
36
79
118
-
Corporate
1 409
942
-
-
income
176
118
-
-
total
176
118
-
-
Dividends
1 233
824
-
-
withholding
210
140
-
-
total
210
140
-
-
Income
1 800
1 800
1 800
1 800
Total tax
542
487
586
571
After tax
1 258
1 313
1 214
1 229
Living cost
235
235
235
235
Free-cash
1 023
1 078
979
994

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
€900
€942
€885
€984
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
-
-
-
1 800
health
-
-
-
46
social contributions
-
-
-
164
income
-
-
-
361
total
-
-
-
571
Employee
779
779
1 682
-
income
82
72
352
-
social contributions
38
65
87
-
health
8
13
29
-
total
128
150
468
-
Employer
779
779
1 682
-
social contributions
38
65
87
-
health
8
14
31
-
total
46
79
118
-
Corporate
1 298
942
-
-
income
162
118
-
-
total
162
118
-
-
Dividends
1 135
824
-
-
withholding
193
140
-
-
total
193
140
-
-
Income
1 800
1 800
1 800
1 800
Total tax
529
487
586
571
After tax
1 271
1 313
1 214
1 229
Living cost
329
329
329
329
Free-cash
942
984
885
900

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
€799
€923
€722
€1005
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
-
-
-
1 800
health
-
-
-
243
social contributions
-
-
-
336
income
-
-
-
183
solidarity contribution
-
-
-
5
total
-
-
-
767
Employee
344
-
1 387
-
income
41
-
169
-
social contributions
22
-
75
-
health
46
-
187
-
solidarity contribution
-
-
-
-
total
109
-
431
-
Employer
344
-
1 387
-
social contributions
86
-
288
-
health
31
-
125
-
total
117
-
413
-
Corporate
1 339
1 800
-
-
income
254
342
-
-
total
254
342
-
-
Dividends
1 085
1 458
-
-
withholding
163
219
-
-
total
163
219
-
-
Income
1 800
1 800
1 800
1 800
Total tax
643
561
844
767
After tax
1 157
1 239
956
1 033
Living cost
234
234
234
234
Free-cash
923
1 005
722
799

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
€745
€848
€668
€951
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
-
-
-
1 800
health
-
-
-
243
social contributions
-
-
-
336
income
-
-
-
183
solidarity contribution
-
-
-
5
total
-
-
-
767
Employee
424
-
1 387
-
income
51
-
169
-
social contributions
28
-
75
-
health
57
-
187
-
solidarity contribution
-
-
-
-
total
136
-
431
-
Employer
424
-
1 387
-
social contributions
106
-
288
-
health
38
-
125
-
total
144
-
413
-
Corporate
1 232
1 800
-
-
income
234
342
-
-
total
234
342
-
-
Dividends
998
1 458
-
-
withholding
150
219
-
-
total
150
219
-
-
Income
1 800
1 800
1 800
1 800
Total tax
664
561
844
767
After tax
1 136
1 239
956
1 033
Living cost
288
288
288
288
Free-cash
848
951
668
745

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
€572
-€414
-€414
-€414
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 800
national
-
-
-
212
pensions
-
-
-
9
municipal
-
-
-
375
labour market
-
-
-
143
total
-
-
-
739
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
1 800
1 800
1 800
1 800
Total tax
1 725
1 725
1 725
739
After tax
75
75
75
1 061
Living cost
489
489
489
489
Free-cash
-414
-414
-414
572

Estimated living cost  is €489 per week

€335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€43
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
€720
€1132
€792
€1195
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
-
-
-
1 800
health
-
-
-
234
pensions
-
-
-
360
income
-
-
-
241
total
-
-
-
835
Employee
287
-
1 345
-
unemployment
5
-
22
-
income
32
-
259
-
pensions
6
-
27
-
total
43
-
308
-
Employer
287
-
1 345
-
pensions
58
-
269
-
health
37
-
175
-
unemployment
2
-
11
-
total
97
-
455
-
Corporate
1 415
1 800
-
-
income
283
360
-
-
total
283
360
-
-
Dividends
1 132
1 440
-
-
total
-
-
-
-
Income
1 800
1 800
1 800
1 800
Total tax
423
360
763
835
After tax
1 377
1 440
1 037
965
Living cost
245
245
245
245
Free-cash
1 132
1 195
792
720

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
€770
€765
€553
€738
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

-
-
-
1 800
national
-
-
-
298
health
-
-
-
23
municipal
-
-
-
320
total
-
-
-
641
Employee
533
-
1 514
-
unemployment
8
-
23
-
municipal
87
-
247
-
national
9
-
180
-
pensions
36
-
102
-
health
4
-
19
-
total
144
-
571
-
Employer
533
-
1 514
-
pensions
92
-
263
-
health
4
-
12
-
accident
1
-
2
-
unemployment
3
-
10
-
total
100
-
287
-
Corporate
1 166
1 800
-
-
income
233
360
-
-
total
233
360
-
-
Dividends

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

700
1 080
-
-
municipal
126
194
-
-
national
43
119
-
-
total
169
313
-
-
Income
1 800
1 800
1 800
1 800
Total tax
646
673
858
641
After tax
1 154
1 127
942
1 159
Living cost
389
389
389
389
Free-cash
765
738
553
770

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
€701
€651
€675
€595
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
-
-
-
1 800
surtax
-
-
-
-
health
-
-
-
77
pensions
-
-
-
320
social contributions
-
-
-
51
income
-
-
-
283
other
-
-
-
56
total
-
-
-
787
Employee
387
-
1 394
-
income
20
-
270
-
surtax
-
-
-
-
social contributions
11
-
40
-
pensions
44
-
97
-
total
75
-
407
-
Employer
387
-
1 394
-
pensions
64
-
163
-
social contributions
1
-
4
-
other
13
-
54
-
health
27
-
129
-
unemployment
16
-
56
-
total
121
-
406
-
Corporate
1 292
1 800
-
-
income
362
504
-
-
surtax
-
-
-
-
total
362
504
-
-
Dividends
930
1 296
-
-
withholding
119
166
-
-
social contributions
160
223
-
-
surtax
-
-
-
-
total
279
389
-
-
Income
1 800
1 800
1 800
1 800
Total tax
837
893
813
787
After tax
963
907
987
1 013
Living cost
312
312
312
312
Free-cash
651
595
675
701

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
€666
€621
€640
€560
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
-
-
-
1 800
surtax
-
-
-
-
health
-
-
-
77
pensions
-
-
-
320
social contributions
-
-
-
51
income
-
-
-
283
other
-
-
-
56
total
-
-
-
787
Employee
434
-
1 394
-
income
26
-
270
-
surtax
-
-
-
-
social contributions
12
-
40
-
pensions
49
-
97
-
total
87
-
407
-
Employer
434
-
1 394
-
pensions
71
-
163
-
social contributions
1
-
4
-
other
15
-
54
-
health
30
-
129
-
unemployment
18
-
56
-
total
135
-
406
-
Corporate
1 231
1 800
-
-
income
345
504
-
-
surtax
-
-
-
-
total
345
504
-
-
Dividends
886
1 296
-
-
withholding
113
166
-
-
social contributions
152
223
-
-
surtax
-
-
-
-
total
265
389
-
-
Income
1 800
1 800
1 800
1 800
Total tax
832
893
813
787
After tax
968
907
987
1 013
Living cost
347
347
347
347
Free-cash
621
560
640
666

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
€524
€488
€498
€418
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 800
surtax
-
-
-
-
health
-
-
-
77
pensions
-
-
-
320
social contributions
-
-
-
51
income
-
-
-
283
other
-
-
-
56
total
-
-
-
787
Employee
635
-
1 394
-
income
55
-
270
-
surtax
-
-
-
-
social contributions
18
-
40
-
pensions
72
-
97
-
total
145
-
407
-
Employer
635
-
1 394
-
pensions
104
-
163
-
social contributions
2
-
4
-
other
22
-
54
-
health
44
-
129
-
unemployment
26
-
56
-
total
198
-
406
-
Corporate
967
1 800
-
-
income
271
504
-
-
surtax
-
-
-
-
total
271
504
-
-
Dividends
696
1 296
-
-
withholding
89
166
-
-
social contributions
120
223
-
-
surtax
-
-
-
-
total
209
389
-
-
Income
1 800
1 800
1 800
1 800
Total tax
823
893
813
787
After tax
977
907
987
1 013
Living cost
489
489
489
489
Free-cash
488
418
498
524

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
€1717
€1633
€1375
€1645
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%.

-
-
-
1 800
microenterprise

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

-
-
-
18
total
-
-
-
18
Employee
82
-
1 800
-
income
16
-
360
-
total
16
-
360
-
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%.

1 718
1 800
-
-
total
-
-
-
-
Dividends
1 718
1 800
-
-
withholding
86
90
-
-
total
86
90
-
-
Income
1 800
1 800
1 800
1 800
Total tax
102
90
360
18
After tax
1 698
1 710
1 440
1 782
Living cost
65
65
65
65
Free-cash
1 633
1 645
1 375
1 717

Estimated living cost  is €65 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
€1680
€1589
€1338
€1608
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%.

-
-
-
1 800
microenterprise

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

-
-
-
18
total
-
-
-
18
Employee
127
-
1 800
-
income
25
-
360
-
total
25
-
360
-
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%.

1 673
1 800
-
-
total
-
-
-
-
Dividends
1 673
1 800
-
-
withholding
84
90
-
-
total
84
90
-
-
Income
1 800
1 800
1 800
1 800
Total tax
109
90
360
18
After tax
1 691
1 710
1 440
1 782
Living cost
102
102
102
102
Free-cash
1 589
1 608
1 338
1 680

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
€560
€670
€751
€536
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.

-
-
-
1 800
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.

-
-
-
31
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.

-
-
-
558
trade
-
-
-
191
total
-
-
-
849
Employee

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

504
-
1 800
-
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
-
558
-
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
-
31
-
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
-
658
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 296
1 800
-
-
trade
186
258
-
-
income
194
270
-
-
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.

11
15
-
-
total
394
547
-
-
Dividends
901
1 253
-
-
withholding
221
309
-
-
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.

12
17
-
-
total
233
326
-
-
Income
1 800
1 800
1 800
1 800
Total tax
739
873
658
849
After tax
1 061
927
1 142
951
Living cost
391
391
391
391
Free-cash
670
536
751
560

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
€626
€712
€835
€600
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.

-
-
-
1 800
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.

-
-
-
31
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.

-
-
-
558
trade
-
-
-
209
total
-
-
-
867
Employee

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

388
-
1 800
-
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
-
558
-
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
-
31
-
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
-
658
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 412
1 800
-
-
trade
222
284
-
-
income
212
270
-
-
chamber of commerce
4
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.

12
15
-
-
total
450
573
-
-
Dividends
963
1 228
-
-
withholding
237
303
-
-
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.

13
17
-
-
total
250
320
-
-
Income
1 800
1 800
1 800
1 800
Total tax
781
893
658
867
After tax
1 019
907
1 142
933
Living cost
307
307
307
307
Free-cash
712
600
835
626

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
€525
€643
€744
€501
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.

-
-
-
1 800
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.

-
-
-
31
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.

-
-
-
558
trade
-
-
-
219
total
-
-
-
877
Employee

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

514
-
1 800
-
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
-
558
-
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
-
31
-
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
-
658
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 286
1 800
-
-
trade
212
296
-
-
income
193
270
-
-
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.

11
15
-
-
total
419
585
-
-
Dividends
868
1 215
-
-
withholding
213
300
-
-
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.

12
16
-
-
total
225
316
-
-
Income
1 800
1 800
1 800
1 800
Total tax
759
901
658
877
After tax
1 041
899
1 142
923
Living cost
398
398
398
398
Free-cash
643
501
744
525

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
€450
€589
€678
€425
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
1 800
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.

-
-
-
31
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.

-
-
-
558
trade
-
-
-
228
total
-
-
-
886
Employee

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

609
-
1 800
-
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
-
558
-
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
-
31
-
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
-
658
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 191
1 800
-
-
trade
204
309
-
-
income
179
270
-
-
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
15
-
-
total
396
598
-
-
Dividends
795
1 202
-
-
withholding
195
297
-
-
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
16
-
-
total
206
313
-
-
Income
1 800
1 800
1 800
1 800
Total tax
747
911
658
886
After tax
1 053
889
1 142
914
Living cost
464
464
464
464
Free-cash
589
425
678
450

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
€624
€870
€562
€904
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
-
-
-
1 800
surtax
-
-
-
78
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
502
other
-
-
-
-
total
-
-
-
948
Employee
341
-
1 515
-
unemployment
24
-
94
-
other
-
-
-
-
income
57
-
441
-
surtax
1
-
66
-
pensions
23
-
90
-
health
9
-
34
-
total
114
-
725
-
Employer
341
-
1 515
-
pensions
46
-
180
-
other
-
-
-
-
health
16
-
62
-
unemployment
11
-
43
-
total
73
-
285
-
Corporate
1 387
1 800
-
-
income
361
468
-
-
total
361
468
-
-
Dividends
1 026
1 332
-
-
withholding
154
200
-
-
total
154
200
-
-
Income
1 800
1 800
1 800
1 800
Total tax
702
668
1 010
948
After tax
1 098
1 132
790
852
Living cost
228
228
228
228
Free-cash
870
904
562
624

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
€628
€876
€566
€908
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
-
-
-
1 800
surtax
-
-
-
78
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
502
other
-
-
-
-
total
-
-
-
948
Employee
335
-
1 515
-
unemployment
23
-
94
-
other
-
-
-
-
income
56
-
441
-
surtax
1
-
66
-
pensions
22
-
90
-
health
9
-
34
-
total
111
-
725
-
Employer
335
-
1 515
-
pensions
45
-
180
-
other
-
-
-
-
health
15
-
62
-
unemployment
11
-
43
-
total
71
-
285
-
Corporate
1 394
1 800
-
-
income
363
468
-
-
total
363
468
-
-
Dividends
1 032
1 332
-
-
withholding
155
200
-
-
total
155
200
-
-
Income
1 800
1 800
1 800
1 800
Total tax
700
668
1 010
948
After tax
1 100
1 132
790
852
Living cost
224
224
224
224
Free-cash
876
908
566
628

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
€1046
€815
€842
€809
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
-
-
-
1 800
unemployment
-
-
-
27
health
-
-
-
126
pensions
-
-
-
180
income
-
-
-
220
total
-
-
-
553
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
115
1 506
-
unemployment
4
2
23
-
income
35
14
184
-
pensions
29
12
151
-
health
20
8
105
-
total
88
36
463
-
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
115
1 506
-
pensions
57
23
294
-
total
57
23
294
-
Corporate
1 453
1 662
-
-
income
131
150
-
-
total
131
150
-
-
Dividends
1 323
1 512
-
-
withholding
251
287
-
-
social contributions
257
294
-
-
total
508
581
-
-
Income
1 800
1 800
1 800
1 800
Total tax
784
790
757
553
After tax
1 016
1 010
1 043
1 247
Living cost
201
201
201
201
Free-cash
815
809
842
1 046

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
€561
€623
€571
€631
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
-
-
-
1 800
national
-
-
-
314
pensions
-
-
-
216
social contributions
-
-
-
19
municipal
-
-
-
198
total
-
-
-
747
Employee
762
-
1 556
-
municipal
94
-
205
-
national
146
-
329
-
pensions
30
-
62
-
total
270
-
596
-
Employer
762
-
1 556
-
pensions
61
-
124
-
social contributions
8
-
17
-
total
69
-
141
-
Corporate
918
1 800
-
-
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%.

184
360
-
-
total
184
360
-
-
Dividends
735
1 440
-
-
withholding
162
317
-
-
total
162
317
-
-
Income
1 800
1 800
1 800
1 800
Total tax
685
677
737
747
After tax
1 115
1 123
1 063
1 053
Living cost
492
492
492
492
Free-cash
623
631
571
561

Estimated living cost  is €492 per week

€334
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
€370
€705
€370
€683
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
-
-
-
1 800
social contributions
-
-
-
301
income
-
-
-
552
total
-
-
-
853
Employee
793
-
1 800
-
social contributions
66
-
301
-
income
150
-
552
-
total
216
-
853
-
Employer
793
-
1 800
-
total
-
-
-
-
Corporate
1 007
1 800
-
-
income
126
225
-
-
total
126
225
-
-
Dividends
881
1 575
-
-
withholding
176
315
-
-
total
176
315
-
-
Income
1 800
1 800
1 800
1 800
Total tax
518
540
853
853
After tax
1 282
1 260
947
947
Living cost
577
577
577
577
Free-cash
705
683
370
370

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
€431
€479
€349
€533
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
-
-
-
1 800
national
-
-
-
446
regional
-
-
-
21
social contributions
-
-
-
463
municipal
-
-
-
11
total
-
-
-
941
Employee
901
-
1 800
-
municipal
5
-
10
-
national
156
-
387
-
social contributions
304
-
607
-
regional
8
-
19
-
total
473
-
1 023
-
Employer
901
-
1 800
-
total
-
-
-
-
Corporate
899
1 800
-
-
nationa
216
432
-
-
municipal
35
70
-
-
total
251
502
-
-
Dividends
648
1 298
-
-
withholding
169
337
-
-
total
169
337
-
-
Income
1 800
1 800
1 800
1 800
Total tax
893
839
1 023
941
After tax
907
961
777
859
Living cost
428
428
428
428
Free-cash
479
533
349
431

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
€580
€649
€499
€674
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
-
-
-
1 800
national
-
-
-
446
regional
-
-
-
27
social contributions
-
-
-
463
municipal
-
-
-
11
total
-
-
-
947
Employee
562
-
1 800
-
municipal
3
-
10
-
national
89
-
387
-
social contributions
190
-
607
-
regional
8
-
24
-
total
290
-
1 028
-
Employer
562
-
1 800
-
total
-
-
-
-
Corporate
1 238
1 800
-
-
nationa
297
432
-
-
municipal
62
89
-
-
total
359
521
-
-
Dividends
879
1 279
-
-
withholding
229
332
-
-
total
229
332
-
-
Income
1 800
1 800
1 800
1 800
Total tax
878
853
1 028
947
After tax
922
947
772
853
Living cost
273
273
273
273
Free-cash
649
674
499
580

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