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
€ 1850
per

Your estimated
City
free-cash

Andorra , Andorra
€1055
€1327
€1105
€1360
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
-
-
-
1 850
social contributions
-
-
-
407
income
-
-
-
83
total
-
-
-
490
Employee
326
-
1 602
-
social contributions
21
-
104
-
income
-
-
88
-
total
21
-
192
-
Employer
326
-
1 602
-
social contributions
50
-
248
-
total
50
-
248
-
Corporate
1 474
1 850
-
-
income
147
185
-
-
total
147
185
-
-
Dividends
1 326
1 665
-
-
total
-
-
-
-
Income
1 850
1 850
1 850
1 850
Total tax
218
185
440
490
After tax
1 632
1 665
1 410
1 360
Living cost
305
305
305
305
Free-cash
1 327
1 360
1 105
1 055

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
€629
€697
€165
€702
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
-
-
-
1 850
surtax
-
-
-
-
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
7
pensions
-
-
-
219
income
-
-
-
519
total
-
-
-
898
Employee
443
404
1 487
-
unemployment
13
12
36
-
other
4
4
12
-
income
39
30
421
-
pensions
45
41
121
-
health
17
16
46
-
total
118
103
636
-
Employer
443
404
1 487
-
pensions
56
51
149
-
surtax
-
-
-
-
payroll
13
12
45
-
other
21
19
68
-
health
17
15
45
-
accident
6
5
15
-
unemployment
13
12
36
-
chamber of commerce
2
2
6
-
total
128
116
364
-
Corporate
1 280
1 330
1 449
-
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.

320
332
362
-
total
320
332
362
-
Dividends
960
997
-
-
withholding
264
274
-
-
total
264
274
-
-
Income
1 850
1 850
1 850
1 850
Total tax
830
825
1 362
898
After tax
1 020
1 025
488
952
Living cost
323
323
323
323
Free-cash
697
702
165
629

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
€593
€649
€130
€666
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
-
-
-
1 850
surtax
-
-
-
2
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
7
pensions
-
-
-
219
income
-
-
-
519
total
-
-
-
900
Employee
506
404
1 485
-
unemployment
15
12
36
-
other
5
4
12
-
income
58
30
420
-
pensions
52
41
121
-
health
20
16
46
-
total
150
103
635
-
Employer
506
404
1 485
-
pensions
64
51
149
-
surtax
2
2
2
-
payroll
15
12
45
-
other
24
19
68
-
health
19
15
45
-
accident
7
5
15
-
unemployment
15
12
36
-
chamber of commerce
2
2
6
-
total
148
118
366
-
Corporate
1 196
1 328
1 447
-
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.

299
332
362
-
total
299
332
362
-
Dividends
897
996
-
-
withholding
247
274
-
-
total
247
274
-
-
Income
1 850
1 850
1 850
1 850
Total tax
844
827
1 363
900
After tax
1 006
1 023
487
950
Living cost
357
357
357
357
Free-cash
649
666
130
593

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
€432
€512
€280
€666
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
-
-
-
1 850
national
-
-
-
699
communal

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

-
-
-
96
social contributions
-
-
-
253
total
-
-
-
1 048
Employee

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

725
-
1 433
-
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
-
523
-
communal

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

38
-
75
-
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
-
107
-
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
-
67
-
total
355
-
784
-
Employer

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

725
-
1 433
-
surtax
82
-
162
-
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
-
127
-
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
-
88
-
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
-
19
-
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
-
21
-
total
211
-
417
-
Corporate
914
1 850
-
-
income
183
370
-
-
surtax
4
7
-
-
total
187
377
-
-
Dividends
728
1 473
-
-
withholding

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

215
438
-
-
total
215
438
-
-
Income
1 850
1 850
1 850
1 850
Total tax
968
815
1 201
1 048
After tax
882
1 035
649
802
Living cost
370
370
370
370
Free-cash
512
666
280
432

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
€1303
€1345
€1377
€1407
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 850
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
-
-
-
277
total
-
-
-
372
Employee
231
-
1 780
-
accident

We are using the highest rate at 1.1%.

3
-
4
-
income
23
-
178
-
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
-
229
-
Employer
231
-
1 780
-
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
1 573
1 850
-
-
income
157
185
-
-
total
157
185
-
-
Dividends
1 416
1 665
-
-
withholding
71
83
-
-
total
71
83
-
-
Income
1 850
1 850
1 850
1 850
Total tax
330
268
298
372
After tax
1 520
1 582
1 552
1 478
Living cost
175
175
175
175
Free-cash
1 345
1 407
1 377
1 303

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
€1345
€1402
€1419
€1449
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
-
-
-
1 850
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
-
-
-
277
total
-
-
-
372
Employee
176
-
1 780
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
income
18
-
178
-
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
-
229
-
Employer
176
-
1 780
-
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
1 639
1 850
-
-
income
164
185
-
-
total
164
185
-
-
Dividends
1 475
1 665
-
-
withholding
74
83
-
-
total
74
83
-
-
Income
1 850
1 850
1 850
1 850
Total tax
315
268
298
372
After tax
1 535
1 582
1 552
1 478
Living cost
133
133
133
133
Free-cash
1 402
1 449
1 419
1 345

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
€1026
€1060
€1011
€1114
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
-
-
-
1 850
health
-
-
-
47
social contributions
-
-
-
164
income
-
-
-
378
total
-
-
-
589
Employee
779
779
1 731
-
income
85
72
369
-
social contributions
29
65
87
-
health
6
13
29
-
total
120
150
485
-
Employer
779
779
1 731
-
social contributions
29
65
87
-
health
7
14
32
-
total
36
79
119
-
Corporate
1 459
992
-
-
income
182
124
-
-
total
182
124
-
-
Dividends
1 277
868
-
-
withholding
217
148
-
-
total
217
148
-
-
Income
1 850
1 850
1 850
1 850
Total tax
555
501
604
589
After tax
1 295
1 349
1 246
1 261
Living cost
235
235
235
235
Free-cash
1 060
1 114
1 011
1 026

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
€932
€979
€917
€1020
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
-
-
-
1 850
health
-
-
-
47
social contributions
-
-
-
164
income
-
-
-
378
total
-
-
-
589
Employee
779
779
1 731
-
income
82
72
369
-
social contributions
38
65
87
-
health
8
13
29
-
total
128
150
485
-
Employer
779
779
1 731
-
social contributions
38
65
87
-
health
8
14
32
-
total
46
79
119
-
Corporate
1 348
992
-
-
income
168
124
-
-
total
168
124
-
-
Dividends
1 179
868
-
-
withholding
200
148
-
-
total
200
148
-
-
Income
1 850
1 850
1 850
1 850
Total tax
542
501
604
589
After tax
1 308
1 349
1 246
1 261
Living cost
329
329
329
329
Free-cash
979
1 020
917
932

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
€832
€957
€754
€1039
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
-
-
-
1 850
health
-
-
-
250
social contributions
-
-
-
337
income
-
-
-
189
solidarity contribution
-
-
-
8
total
-
-
-
784
Employee
344
-
1 433
-
income
41
-
175
-
social contributions
22
-
75
-
health
46
-
193
-
solidarity contribution
-
-
1
-
total
109
-
444
-
Employer
344
-
1 433
-
social contributions
86
-
289
-
health
31
-
129
-
total
117
-
418
-
Corporate
1 389
1 850
-
-
income
264
352
-
-
total
264
352
-
-
Dividends
1 125
1 498
-
-
withholding
169
225
-
-
total
169
225
-
-
Income
1 850
1 850
1 850
1 850
Total tax
659
577
862
784
After tax
1 191
1 273
988
1 066
Living cost
234
234
234
234
Free-cash
957
1 039
754
832

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
€777
€882
€699
€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
-
-
-
1 850
health
-
-
-
250
social contributions
-
-
-
337
income
-
-
-
189
solidarity contribution
-
-
-
8
total
-
-
-
784
Employee
424
-
1 433
-
income
51
-
175
-
social contributions
28
-
75
-
health
57
-
193
-
solidarity contribution
-
-
1
-
total
136
-
444
-
Employer
424
-
1 433
-
social contributions
106
-
289
-
health
38
-
129
-
total
144
-
418
-
Corporate
1 281
1 850
-
-
income
243
352
-
-
total
243
352
-
-
Dividends
1 038
1 498
-
-
withholding
156
225
-
-
total
156
225
-
-
Income
1 850
1 850
1 850
1 850
Total tax
679
577
862
784
After tax
1 171
1 273
988
1 066
Living cost
289
289
289
289
Free-cash
882
984
699
777

Estimated living cost  is €289 per week

€215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€16
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€53
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Copenhagen , Denmark
€598
-€365
-€365
-€365
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
-
-
-
1 850
national
-
-
-
219
pensions
-
-
-
9
municipal
-
-
-
387
labour market
-
-
-
147
total
-
-
-
762
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
1 850
1 850
1 850
1 850
Total tax
1 725
1 725
1 725
762
After tax
125
125
125
1 088
Living cost
490
490
490
490
Free-cash
-365
-365
-365
598

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
€747
€1172
€820
€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
-
-
-
1 850
health
-
-
-
240
pensions
-
-
-
370
income
-
-
-
248
total
-
-
-
858
Employee
287
-
1 383
-
unemployment
5
-
22
-
income
32
-
267
-
pensions
6
-
28
-
total
43
-
317
-
Employer
287
-
1 383
-
pensions
58
-
277
-
health
37
-
180
-
unemployment
2
-
11
-
total
97
-
468
-
Corporate
1 465
1 850
-
-
income
293
370
-
-
total
293
370
-
-
Dividends
1 172
1 480
-
-
total
-
-
-
-
Income
1 850
1 850
1 850
1 850
Total tax
433
370
785
858
After tax
1 417
1 480
1 065
992
Living cost
245
245
245
245
Free-cash
1 172
1 235
820
747

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
€795
€795
€578
€766
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

-
-
-
1 850
national
-
-
-
313
health
-
-
-
24
municipal
-
-
-
329
total
-
-
-
666
Employee
533
-
1 556
-
unemployment
8
-
23
-
municipal
87
-
253
-
national
9
-
188
-
pensions
36
-
105
-
health
4
-
20
-
total
144
-
589
-
Employer
533
-
1 556
-
pensions
92
-
270
-
health
4
-
12
-
accident
1
-
2
-
unemployment
3
-
10
-
total
100
-
294
-
Corporate
1 216
1 850
-
-
income
243
370
-
-
total
243
370
-
-
Dividends

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

730
1 110
-
-
municipal
131
200
-
-
national
48
125
-
-
total
179
325
-
-
Income
1 850
1 850
1 850
1 850
Total tax
666
695
883
666
After tax
1 184
1 155
967
1 184
Living cost
389
389
389
389
Free-cash
795
766
578
795

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
€729
€676
€697
€621
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
-
-
-
1 850
surtax
-
-
-
-
health
-
-
-
80
pensions
-
-
-
324
social contributions
-
-
-
53
income
-
-
-
295
other
-
-
-
57
total
-
-
-
809
Employee
387
-
1 430
-
income
20
-
280
-
surtax
-
-
-
-
social contributions
11
-
41
-
pensions
44
-
100
-
total
75
-
421
-
Employer
387
-
1 430
-
pensions
64
-
169
-
social contributions
1
-
4
-
other
13
-
56
-
health
27
-
133
-
unemployment
16
-
58
-
total
121
-
420
-
Corporate
1 342
1 850
-
-
income
376
518
-
-
surtax
-
-
-
-
total
376
518
-
-
Dividends
966
1 332
-
-
withholding
124
170
-
-
social contributions
166
229
-
-
surtax
-
-
-
-
total
290
399
-
-
Income
1 850
1 850
1 850
1 850
Total tax
862
917
841
809
After tax
988
933
1 009
1 041
Living cost
312
312
312
312
Free-cash
676
621
697
729

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
€694
€645
€662
€586
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
-
-
-
1 850
surtax
-
-
-
-
health
-
-
-
80
pensions
-
-
-
324
social contributions
-
-
-
53
income
-
-
-
295
other
-
-
-
57
total
-
-
-
809
Employee
434
-
1 430
-
income
26
-
280
-
surtax
-
-
-
-
social contributions
12
-
41
-
pensions
49
-
100
-
total
87
-
421
-
Employer
434
-
1 430
-
pensions
71
-
169
-
social contributions
1
-
4
-
other
15
-
56
-
health
30
-
133
-
unemployment
18
-
58
-
total
135
-
420
-
Corporate
1 281
1 850
-
-
income
359
518
-
-
surtax
-
-
-
-
total
359
518
-
-
Dividends
922
1 332
-
-
withholding
118
170
-
-
social contributions
159
229
-
-
surtax
-
-
-
-
total
277
399
-
-
Income
1 850
1 850
1 850
1 850
Total tax
858
917
841
809
After tax
992
933
1 009
1 041
Living cost
347
347
347
347
Free-cash
645
586
662
694

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
€552
€513
€520
€444
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
-
-
-
1 850
surtax
-
-
-
-
health
-
-
-
80
pensions
-
-
-
324
social contributions
-
-
-
53
income
-
-
-
295
other
-
-
-
57
total
-
-
-
809
Employee
635
-
1 430
-
income
55
-
280
-
surtax
-
-
-
-
social contributions
18
-
41
-
pensions
72
-
100
-
total
145
-
421
-
Employer
635
-
1 430
-
pensions
104
-
169
-
social contributions
2
-
4
-
other
22
-
56
-
health
44
-
133
-
unemployment
26
-
58
-
total
198
-
420
-
Corporate
1 017
1 850
-
-
income
285
518
-
-
surtax
-
-
-
-
total
285
518
-
-
Dividends
732
1 332
-
-
withholding
94
170
-
-
social contributions
126
229
-
-
surtax
-
-
-
-
total
220
399
-
-
Income
1 850
1 850
1 850
1 850
Total tax
848
917
841
809
After tax
1 002
933
1 009
1 041
Living cost
489
489
489
489
Free-cash
513
444
520
552

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
€1766
€1681
€1415
€1692
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%.

-
-
-
1 850
microenterprise

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

-
-
-
19
total
-
-
-
19
Employee
82
-
1 850
-
income
16
-
370
-
total
16
-
370
-
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%.

1 768
1 850
-
-
total
-
-
-
-
Dividends
1 768
1 850
-
-
withholding
88
93
-
-
total
88
93
-
-
Income
1 850
1 850
1 850
1 850
Total tax
104
93
370
19
After tax
1 746
1 757
1 480
1 831
Living cost
65
65
65
65
Free-cash
1 681
1 692
1 415
1 766

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
€1729
€1637
€1378
€1655
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%.

-
-
-
1 850
microenterprise

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

-
-
-
19
total
-
-
-
19
Employee
127
-
1 850
-
income
25
-
370
-
total
25
-
370
-
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%.

1 723
1 850
-
-
total
-
-
-
-
Dividends
1 723
1 850
-
-
withholding
86
93
-
-
total
86
93
-
-
Income
1 850
1 850
1 850
1 850
Total tax
111
93
370
19
After tax
1 739
1 757
1 480
1 831
Living cost
102
102
102
102
Free-cash
1 637
1 655
1 378
1 729

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
€581
€694
€779
€561
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.

-
-
-
1 850
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.

-
-
-
32
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.

-
-
-
579
trade
-
-
-
198
total
-
-
-
878
Employee

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

504
-
1 850
-
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
-
579
-
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
-
32
-
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
-
680
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 346
1 850
-
-
trade
193
265
-
-
income
202
278
-
-
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.

11
15
-
-
total
410
562
-
-
Dividends
936
1 288
-
-
withholding
230
318
-
-
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
18
-
-
total
243
336
-
-
Income
1 850
1 850
1 850
1 850
Total tax
765
898
680
878
After tax
1 085
952
1 170
972
Living cost
391
391
391
391
Free-cash
694
561
779
581

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
€646
€738
€863
€626
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.

-
-
-
1 850
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.

-
-
-
32
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.

-
-
-
579
trade
-
-
-
217
total
-
-
-
897
Employee

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

388
-
1 850
-
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
-
579
-
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
-
32
-
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
-
680
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 462
1 850
-
-
trade
230
291
-
-
income
219
278
-
-
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
465
588
-
-
Dividends
997
1 262
-
-
withholding
245
312
-
-
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.

14
17
-
-
total
259
329
-
-
Income
1 850
1 850
1 850
1 850
Total tax
805
917
680
897
After tax
1 045
933
1 170
953
Living cost
307
307
307
307
Free-cash
738
626
863
646

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
€545
€669
€772
€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

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

-
-
-
1 850
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.

-
-
-
32
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.

-
-
-
579
trade
-
-
-
227
total
-
-
-
907
Employee

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

514
-
1 850
-
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
-
579
-
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
-
32
-
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
-
680
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 336
1 850
-
-
trade
220
304
-
-
income
200
278
-
-
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
434
601
-
-
Dividends
901
1 249
-
-
withholding
222
308
-
-
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
234
325
-
-
Income
1 850
1 850
1 850
1 850
Total tax
783
926
680
907
After tax
1 067
924
1 170
943
Living cost
398
398
398
398
Free-cash
669
526
772
545

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
€470
€615
€706
€450
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.

-
-
-
1 850
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.

-
-
-
32
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.

-
-
-
579
trade
-
-
-
236
total
-
-
-
916
Employee

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

609
-
1 850
-
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
-
579
-
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
-
32
-
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
-
680
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 241
1 850
-
-
trade
213
317
-
-
income
186
278
-
-
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
412
614
-
-
Dividends
828
1 236
-
-
withholding
203
305
-
-
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
17
-
-
total
214
322
-
-
Income
1 850
1 850
1 850
1 850
Total tax
771
936
680
916
After tax
1 079
914
1 170
934
Living cost
464
464
464
464
Free-cash
615
450
706
470

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
€648
€901
€585
€936
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
-
-
-
1 850
surtax
-
-
-
82
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
524
other
-
-
-
-
total
-
-
-
974
Employee
341
-
1 565
-
unemployment
24
-
94
-
other
-
-
-
-
income
57
-
464
-
surtax
1
-
70
-
pensions
23
-
90
-
health
9
-
34
-
total
114
-
752
-
Employer
341
-
1 565
-
pensions
46
-
180
-
other
-
-
-
-
health
16
-
62
-
unemployment
11
-
43
-
total
73
-
285
-
Corporate
1 437
1 850
-
-
income
374
481
-
-
total
374
481
-
-
Dividends
1 063
1 369
-
-
withholding
160
205
-
-
total
160
205
-
-
Income
1 850
1 850
1 850
1 850
Total tax
721
686
1 037
974
After tax
1 129
1 164
813
876
Living cost
228
228
228
228
Free-cash
901
936
585
648

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
€652
€908
€589
€940
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
-
-
-
1 850
surtax
-
-
-
82
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
524
other
-
-
-
-
total
-
-
-
974
Employee
335
-
1 565
-
unemployment
23
-
94
-
other
-
-
-
-
income
56
-
464
-
surtax
1
-
70
-
pensions
22
-
90
-
health
9
-
34
-
total
111
-
752
-
Employer
335
-
1 565
-
pensions
45
-
180
-
other
-
-
-
-
health
15
-
62
-
unemployment
11
-
43
-
total
71
-
285
-
Corporate
1 444
1 850
-
-
income
376
481
-
-
total
376
481
-
-
Dividends
1 069
1 369
-
-
withholding
160
205
-
-
total
160
205
-
-
Income
1 850
1 850
1 850
1 850
Total tax
718
686
1 037
974
After tax
1 132
1 164
813
876
Living cost
224
224
224
224
Free-cash
908
940
589
652

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
€1079
€842
€870
€836
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
-
-
-
1 850
unemployment
-
-
-
28
health
-
-
-
129
pensions
-
-
-
185
income
-
-
-
226
total
-
-
-
568
Employee

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

The minimum wage is 138,000 HUF per month.

293
117
1 548
-
unemployment
4
2
23
-
income
36
14
189
-
pensions
29
12
155
-
health
20
8
108
-
total
89
36
475
-
Employer

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

The minimum wage is 138,000 HUF per month.

293
117
1 548
-
pensions
57
23
302
-
total
57
23
302
-
Corporate
1 500
1 711
-
-
income
135
154
-
-
total
135
154
-
-
Dividends
1 365
1 557
-
-
withholding
259
296
-
-
social contributions
265
302
-
-
total
524
598
-
-
Income
1 850
1 850
1 850
1 850
Total tax
805
811
777
568
After tax
1 045
1 039
1 073
1 282
Living cost
203
203
203
203
Free-cash
842
836
870
1 079

Estimated living cost  is €203 per week

€138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€44
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
€588
€657
€598
€665
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 850
national
-
-
-
327
pensions
-
-
-
222
social contributions
-
-
-
20
municipal
-
-
-
204
total
-
-
-
773
Employee
758
-
1 599
-
municipal
94
-
211
-
national
145
-
343
-
pensions
30
-
64
-
total
269
-
618
-
Employer
758
-
1 599
-
pensions
61
-
128
-
social contributions
8
-
17
-
total
69
-
145
-
Corporate
973
1 850
-
-
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%.

195
370
-
-
total
195
370
-
-
Dividends
779
1 480
-
-
withholding
171
326
-
-
total
171
326
-
-
Income
1 850
1 850
1 850
1 850
Total tax
704
696
763
773
After tax
1 146
1 154
1 087
1 077
Living cost
489
489
489
489
Free-cash
657
665
598
588

Estimated living cost  is €489 per week

€332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€45
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
€391
€740
€391
€718
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
-
-
-
1 850
social contributions
-
-
-
310
income
-
-
-
572
total
-
-
-
882
Employee
793
-
1 850
-
social contributions
66
-
310
-
income
150
-
572
-
total
216
-
882
-
Employer
793
-
1 850
-
total
-
-
-
-
Corporate
1 057
1 850
-
-
income
132
231
-
-
total
132
231
-
-
Dividends
925
1 619
-
-
withholding
185
324
-
-
total
185
324
-
-
Income
1 850
1 850
1 850
1 850
Total tax
533
555
882
882
After tax
1 317
1 295
968
968
Living cost
577
577
577
577
Free-cash
740
718
391
391

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
€452
€506
€369
€559
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
-
-
-
1 850
national
-
-
-
461
regional
-
-
-
22
social contributions
-
-
-
476
municipal
-
-
-
11
total
-
-
-
970
Employee
901
-
1 850
-
municipal
5
-
10
-
national
156
-
400
-
social contributions
304
-
624
-
regional
8
-
19
-
total
473
-
1 053
-
Employer
901
-
1 850
-
total
-
-
-
-
Corporate
949
1 850
-
-
nationa
228
444
-
-
municipal
37
72
-
-
total
265
516
-
-
Dividends
684
1 334
-
-
withholding
178
347
-
-
total
178
347
-
-
Income
1 850
1 850
1 850
1 850
Total tax
916
863
1 053
970
After tax
934
987
797
880
Living cost
428
428
428
428
Free-cash
506
559
369
452

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
€601
€676
€518
€699
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
-
-
-
1 850
national
-
-
-
461
regional
-
-
-
28
social contributions
-
-
-
476
municipal
-
-
-
11
total
-
-
-
976
Employee
562
-
1 850
-
municipal
3
-
10
-
national
89
-
400
-
social contributions
190
-
624
-
regional
8
-
25
-
total
290
-
1 059
-
Employer
562
-
1 850
-
total
-
-
-
-
Corporate
1 288
1 850
-
-
nationa
309
444
-
-
municipal
64
92
-
-
total
373
536
-
-
Dividends
915
1 314
-
-
withholding
238
342
-
-
total
238
342
-
-
Income
1 850
1 850
1 850
1 850
Total tax
901
878
1 059
976
After tax
949
972
791
874
Living cost
273
273
273
273
Free-cash
676
699
518
601

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