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
€ 1900
per

Your estimated
City
free-cash

Andorra , Andorra
€1090
€1372
€1141
€1405
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
-
-
-
1 900
social contributions
-
-
-
418
income
-
-
-
87
total
-
-
-
505
Employee
326
-
1 645
-
social contributions
21
-
107
-
income
-
-
92
-
total
21
-
199
-
Employer
326
-
1 645
-
social contributions
50
-
255
-
total
50
-
255
-
Corporate
1 524
1 900
-
-
income
152
190
-
-
total
152
190
-
-
Dividends
1 371
1 710
-
-
total
-
-
-
-
Income
1 900
1 900
1 900
1 900
Total tax
223
190
454
505
After tax
1 677
1 710
1 446
1 395
Living cost
305
305
305
305
Free-cash
1 372
1 405
1 141
1 090

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
€654
€725
€178
€728
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
-
-
-
1 900
surtax
-
-
-
-
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
8
pensions
-
-
-
219
income
-
-
-
543
total
-
-
-
923
Employee
443
404
1 534
-
unemployment
13
12
36
-
other
4
4
12
-
income
39
30
443
-
pensions
45
41
121
-
health
17
16
46
-
total
118
103
658
-
Employer
443
404
1 534
-
pensions
56
51
149
-
surtax
-
-
-
-
payroll
13
12
46
-
other
21
19
70
-
health
17
15
45
-
accident
6
5
15
-
unemployment
13
12
36
-
chamber of commerce
2
2
6
-
total
128
116
367
-
Corporate
1 330
1 380
1 495
-
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.

332
345
374
-
total
332
345
374
-
Dividends
997
1 035
-
-
withholding
274
285
-
-
total
274
285
-
-
Income
1 900
1 900
1 900
1 900
Total tax
852
849
1 399
923
After tax
1 048
1 051
501
977
Living cost
323
323
323
323
Free-cash
725
728
178
654

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
€618
€677
€144
€694
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
-
-
-
1 900
surtax
-
-
-
2
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
8
pensions
-
-
-
219
income
-
-
-
543
total
-
-
-
925
Employee
506
404
1 532
-
unemployment
15
12
36
-
other
5
4
12
-
income
58
30
442
-
pensions
52
41
121
-
health
20
16
46
-
total
150
103
657
-
Employer
506
404
1 532
-
pensions
64
51
149
-
surtax
2
2
2
-
payroll
15
12
46
-
other
24
19
70
-
health
19
15
45
-
accident
7
5
15
-
unemployment
15
12
36
-
chamber of commerce
2
2
6
-
total
148
118
369
-
Corporate
1 246
1 378
1 493
-
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.

311
344
373
-
total
311
344
373
-
Dividends
934
1 033
-
-
withholding
257
284
-
-
total
257
284
-
-
Income
1 900
1 900
1 900
1 900
Total tax
866
849
1 399
925
After tax
1 034
1 051
501
975
Living cost
357
357
357
357
Free-cash
677
694
144
618

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
€454
€540
€294
€692
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
-
-
-
1 900
national
-
-
-
724
communal

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

-
-
-
99
social contributions
-
-
-
253
total
-
-
-
1 076
Employee

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

725
-
1 472
-
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
-
13
-
national
223
-
540
-
communal

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

38
-
77
-
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
-
110
-
health

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

34
-
69
-
total
355
-
809
-
Employer

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

725
-
1 472
-
surtax
82
-
167
-
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
-
130
-
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
-
90
-
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
-
427
-
Corporate
964
1 900
-
-
income
193
380
-
-
surtax
4
8
-
-
total
197
388
-
-
Dividends
767
1 512
-
-
withholding

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

227
450
-
-
total
227
450
-
-
Income
1 900
1 900
1 900
1 900
Total tax
990
838
1 236
1 076
After tax
910
1 062
664
824
Living cost
370
370
370
370
Free-cash
540
692
294
454

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
€1347
€1389
€1423
€1450
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
-
-
-
1 900
unemployment
-
-
-
1
health
-
-
-
41
pensions

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

-
-
-
52
income
-
-
-
285
total
-
-
-
379
Employee
231
-
1 831
-
accident

We are using the highest rate at 1.1%.

3
-
4
-
income
23
-
183
-
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
-
234
-
Employer
231
-
1 831
-
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
1 624
1 900
-
-
income
162
190
-
-
total
162
190
-
-
Dividends
1 462
1 710
-
-
withholding
73
86
-
-
total
73
86
-
-
Income
1 900
1 900
1 900
1 900
Total tax
337
276
303
379
After tax
1 563
1 624
1 597
1 521
Living cost
174
174
174
174
Free-cash
1 389
1 450
1 423
1 347

Estimated living cost  is €174 per week

€115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€10
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€45
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
€1388
€1445
€1464
€1491
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
-
-
-
1 900
unemployment
-
-
-
1
health
-
-
-
41
pensions

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

-
-
-
52
income
-
-
-
285
total
-
-
-
379
Employee
176
-
1 831
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
income
18
-
183
-
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
-
234
-
Employer
176
-
1 831
-
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
1 690
1 900
-
-
income
169
190
-
-
total
169
190
-
-
Dividends
1 521
1 710
-
-
withholding
76
86
-
-
total
76
86
-
-
Income
1 900
1 900
1 900
1 900
Total tax
322
276
303
379
After tax
1 578
1 624
1 597
1 521
Living cost
133
133
133
133
Free-cash
1 445
1 491
1 464
1 388

Estimated living cost  is €133 per week

€78
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€9
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€42
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Larnaca , Cyprus
€1058
€1096
€1042
€1151
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 900
health
-
-
-
48
social contributions
-
-
-
164
income
-
-
-
395
total
-
-
-
607
Employee
779
779
1 780
-
income
85
72
386
-
social contributions
29
65
87
-
health
6
13
30
-
total
120
150
503
-
Employer
779
779
1 780
-
social contributions
29
65
87
-
health
7
14
33
-
total
36
79
120
-
Corporate
1 509
1 042
-
-
income
189
130
-
-
total
189
130
-
-
Dividends
1 320
911
-
-
withholding
224
155
-
-
total
224
155
-
-
Income
1 900
1 900
1 900
1 900
Total tax
569
514
623
607
After tax
1 331
1 386
1 277
1 293
Living cost
235
235
235
235
Free-cash
1 096
1 151
1 042
1 058

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
€964
€1014
€948
€1057
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
-
-
-
1 900
health
-
-
-
48
social contributions
-
-
-
164
income
-
-
-
395
total
-
-
-
607
Employee
779
779
1 780
-
income
82
72
386
-
social contributions
38
65
87
-
health
8
13
30
-
total
128
150
503
-
Employer
779
779
1 780
-
social contributions
38
65
87
-
health
8
14
33
-
total
46
79
120
-
Corporate
1 398
1 042
-
-
income
175
130
-
-
total
175
130
-
-
Dividends
1 223
911
-
-
withholding
208
155
-
-
total
208
155
-
-
Income
1 900
1 900
1 900
1 900
Total tax
557
514
623
607
After tax
1 343
1 386
1 277
1 293
Living cost
329
329
329
329
Free-cash
1 014
1 057
948
964

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
€864
€990
€785
€1073
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
-
-
-
1 900
health
-
-
-
257
social contributions
-
-
-
338
income
-
-
-
196
solidarity contribution
-
-
-
10
total
-
-
-
801
Employee
346
-
1 477
-
income
41
-
180
-
social contributions
22
-
75
-
health
47
-
199
-
solidarity contribution
-
-
3
-
total
110
-
457
-
Employer
346
-
1 477
-
social contributions
86
-
290
-
health
31
-
133
-
total
117
-
423
-
Corporate
1 437
1 900
-
-
income
273
361
-
-
total
273
361
-
-
Dividends
1 164
1 539
-
-
withholding
175
231
-
-
total
175
231
-
-
Income
1 900
1 900
1 900
1 900
Total tax
675
592
880
801
After tax
1 225
1 308
1 020
1 099
Living cost
235
235
235
235
Free-cash
990
1 073
785
864

Estimated living cost  is €235 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
€809
€914
€730
€1018
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
-
-
-
1 900
health
-
-
-
257
social contributions
-
-
-
338
income
-
-
-
196
solidarity contribution
-
-
-
10
total
-
-
-
801
Employee
426
-
1 477
-
income
51
-
180
-
social contributions
28
-
75
-
health
58
-
199
-
solidarity contribution
-
-
3
-
total
137
-
457
-
Employer
426
-
1 477
-
social contributions
107
-
290
-
health
38
-
133
-
total
145
-
423
-
Corporate
1 329
1 900
-
-
income
253
361
-
-
total
253
361
-
-
Dividends
1 077
1 539
-
-
withholding
161
231
-
-
total
161
231
-
-
Income
1 900
1 900
1 900
1 900
Total tax
696
592
880
801
After tax
1 204
1 308
1 020
1 099
Living cost
290
290
290
290
Free-cash
914
1 018
730
809

Estimated living cost  is €290 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
€625
-€314
-€314
-€314
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
-
-
-
1 900
national
-
-
-
227
pensions
-
-
-
9
municipal
-
-
-
399
labour market
-
-
-
151
total
-
-
-
786
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
1 900
1 900
1 900
1 900
Total tax
1 725
1 725
1 725
786
After tax
175
175
175
1 114
Living cost
489
489
489
489
Free-cash
-314
-314
-314
625

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
€773
€1212
€850
€1275
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
-
-
-
1 900
health
-
-
-
247
pensions
-
-
-
380
income
-
-
-
255
total
-
-
-
882
Employee
287
-
1 420
-
unemployment
5
-
23
-
income
32
-
274
-
pensions
6
-
28
-
total
43
-
325
-
Employer
287
-
1 420
-
pensions
58
-
284
-
health
37
-
185
-
unemployment
2
-
11
-
total
97
-
480
-
Corporate
1 515
1 900
-
-
income
303
380
-
-
total
303
380
-
-
Dividends
1 212
1 520
-
-
total
-
-
-
-
Income
1 900
1 900
1 900
1 900
Total tax
443
380
805
882
After tax
1 457
1 520
1 095
1 018
Living cost
245
245
245
245
Free-cash
1 212
1 275
850
773

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
€819
€823
€602
€795
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

-
-
-
1 900
national
-
-
-
329
health
-
-
-
25
municipal
-
-
-
338
total
-
-
-
692
Employee
533
-
1 598
-
unemployment
8
-
24
-
municipal
87
-
260
-
national
9
-
196
-
pensions
36
-
108
-
health
4
-
20
-
total
144
-
608
-
Employer
533
-
1 598
-
pensions
92
-
277
-
health
4
-
12
-
accident
1
-
2
-
unemployment
3
-
10
-
total
100
-
301
-
Corporate
1 266
1 900
-
-
income
253
380
-
-
total
253
380
-
-
Dividends

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

760
1 140
-
-
municipal
137
205
-
-
national
54
131
-
-
total
191
336
-
-
Income
1 900
1 900
1 900
1 900
Total tax
688
716
909
692
After tax
1 212
1 184
991
1 208
Living cost
389
389
389
389
Free-cash
823
795
602
819

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
€757
€702
€720
€646
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
-
-
-
1 900
surtax
-
-
-
-
health
-
-
-
84
pensions
-
-
-
328
social contributions
-
-
-
54
income
-
-
-
306
other
-
-
-
59
total
-
-
-
831
Employee
387
-
1 466
-
income
20
-
289
-
surtax
-
-
-
-
social contributions
11
-
42
-
pensions
44
-
104
-
total
75
-
435
-
Employer
387
-
1 466
-
pensions
64
-
174
-
social contributions
1
-
4
-
other
13
-
58
-
health
27
-
138
-
unemployment
16
-
59
-
total
121
-
433
-
Corporate
1 392
1 900
-
-
income
390
532
-
-
surtax
-
-
-
-
total
390
532
-
-
Dividends
1 002
1 368
-
-
withholding
128
175
-
-
social contributions
172
235
-
-
surtax
-
-
-
-
total
300
410
-
-
Income
1 900
1 900
1 900
1 900
Total tax
886
942
868
831
After tax
1 014
958
1 032
1 069
Living cost
312
312
312
312
Free-cash
702
646
720
757

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
€722
€670
€685
€611
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
-
-
-
1 900
surtax
-
-
-
-
health
-
-
-
84
pensions
-
-
-
328
social contributions
-
-
-
54
income
-
-
-
306
other
-
-
-
59
total
-
-
-
831
Employee
434
-
1 466
-
income
26
-
289
-
surtax
-
-
-
-
social contributions
12
-
42
-
pensions
49
-
104
-
total
87
-
435
-
Employer
434
-
1 466
-
pensions
71
-
174
-
social contributions
1
-
4
-
other
15
-
58
-
health
30
-
138
-
unemployment
18
-
59
-
total
135
-
433
-
Corporate
1 331
1 900
-
-
income
373
532
-
-
surtax
-
-
-
-
total
373
532
-
-
Dividends
958
1 368
-
-
withholding
123
175
-
-
social contributions
165
235
-
-
surtax
-
-
-
-
total
288
410
-
-
Income
1 900
1 900
1 900
1 900
Total tax
883
942
868
831
After tax
1 017
958
1 032
1 069
Living cost
347
347
347
347
Free-cash
670
611
685
722

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
€580
€539
€543
€469
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 900
surtax
-
-
-
-
health
-
-
-
84
pensions
-
-
-
328
social contributions
-
-
-
54
income
-
-
-
306
other
-
-
-
59
total
-
-
-
831
Employee
635
-
1 466
-
income
55
-
289
-
surtax
-
-
-
-
social contributions
18
-
42
-
pensions
72
-
104
-
total
145
-
435
-
Employer
635
-
1 466
-
pensions
104
-
174
-
social contributions
2
-
4
-
other
22
-
58
-
health
44
-
138
-
unemployment
26
-
59
-
total
198
-
433
-
Corporate
1 067
1 900
-
-
income
299
532
-
-
surtax
-
-
-
-
total
299
532
-
-
Dividends
768
1 368
-
-
withholding
98
175
-
-
social contributions
132
235
-
-
surtax
-
-
-
-
total
230
410
-
-
Income
1 900
1 900
1 900
1 900
Total tax
872
942
868
831
After tax
1 028
958
1 032
1 069
Living cost
489
489
489
489
Free-cash
539
469
543
580

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
€1816
€1728
€1455
€1740
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%.

-
-
-
1 900
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
81
-
1 900
-
income
16
-
380
-
total
16
-
380
-
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%.

1 819
1 900
-
-
total
-
-
-
-
Dividends
1 819
1 900
-
-
withholding
91
95
-
-
total
91
95
-
-
Income
1 900
1 900
1 900
1 900
Total tax
107
95
380
19
After tax
1 793
1 805
1 520
1 881
Living cost
65
65
65
65
Free-cash
1 728
1 740
1 455
1 816

Estimated living cost  is €65 per week

€40
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€5
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€2
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€17
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
€1780
€1685
€1419
€1704
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%.

-
-
-
1 900
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
126
-
1 900
-
income
25
-
380
-
total
25
-
380
-
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%.

1 774
1 900
-
-
total
-
-
-
-
Dividends
1 774
1 900
-
-
withholding
89
95
-
-
total
89
95
-
-
Income
1 900
1 900
1 900
1 900
Total tax
114
95
380
19
After tax
1 786
1 805
1 520
1 881
Living cost
101
101
101
101
Free-cash
1 685
1 704
1 419
1 780

Estimated living cost  is €101 per week

€68
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
€602
€720
€807
€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

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

-
-
-
1 900
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.

-
-
-
33
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.

-
-
-
600
trade
-
-
-
205
total
-
-
-
907
Employee

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

504
-
1 900
-
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
-
600
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

2
-
33
-
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
-
702
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 396
1 900
-
-
trade
200
273
-
-
income
209
285
-
-
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
16
-
-
total
425
578
-
-
Dividends
971
1 322
-
-
withholding
239
327
-
-
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
252
345
-
-
Income
1 900
1 900
1 900
1 900
Total tax
789
923
702
907
After tax
1 111
977
1 198
993
Living cost
391
391
391
391
Free-cash
720
586
807
602

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
€666
€763
€891
€651
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.

-
-
-
1 900
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.

-
-
-
33
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.

-
-
-
600
trade
-
-
-
225
total
-
-
-
927
Employee

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

388
-
1 900
-
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
-
600
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1
-
33
-
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
-
702
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 512
1 900
-
-
trade
238
299
-
-
income
227
285
-
-
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
16
-
-
total
481
604
-
-
Dividends
1 031
1 296
-
-
withholding
254
320
-
-
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
18
-
-
total
268
338
-
-
Income
1 900
1 900
1 900
1 900
Total tax
830
942
702
927
After tax
1 070
958
1 198
973
Living cost
307
307
307
307
Free-cash
763
651
891
666

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
€565
€693
€800
€550
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.

-
-
-
1 900
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.

-
-
-
33
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.

-
-
-
600
trade
-
-
-
235
total
-
-
-
937
Employee

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

514
-
1 900
-
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
-
600
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

2
-
33
-
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
-
702
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 386
1 900
-
-
trade
228
313
-
-
income
208
285
-
-
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
16
-
-
total
451
618
-
-
Dividends
935
1 283
-
-
withholding
230
317
-
-
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
243
334
-
-
Income
1 900
1 900
1 900
1 900
Total tax
809
952
702
937
After tax
1 091
948
1 198
963
Living cost
398
398
398
398
Free-cash
693
550
800
565

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
€489
€638
€734
€475
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.

-
-
-
1 900
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.

-
-
-
33
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.

-
-
-
600
trade
-
-
-
245
total
-
-
-
947
Employee

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

609
-
1 900
-
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
-
600
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

4
-
33
-
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
-
702
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 291
1 900
-
-
trade
221
326
-
-
income
194
285
-
-
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
16
-
-
total
429
631
-
-
Dividends
862
1 269
-
-
withholding
212
313
-
-
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
224
330
-
-
Income
1 900
1 900
1 900
1 900
Total tax
798
961
702
947
After tax
1 102
939
1 198
953
Living cost
464
464
464
464
Free-cash
638
475
734
489

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
€670
€933
€608
€967
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
-
-
-
1 900
surtax
-
-
-
87
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
547
other
-
-
-
-
total
-
-
-
1 002
Employee
341
-
1 615
-
unemployment
24
-
94
-
other
-
-
-
-
income
57
-
486
-
surtax
1
-
75
-
pensions
23
-
90
-
health
9
-
34
-
total
114
-
779
-
Employer
341
-
1 615
-
pensions
46
-
180
-
other
-
-
-
-
health
16
-
62
-
unemployment
11
-
43
-
total
73
-
285
-
Corporate
1 487
1 900
-
-
income
387
494
-
-
total
387
494
-
-
Dividends
1 100
1 406
-
-
withholding
165
211
-
-
total
165
211
-
-
Income
1 900
1 900
1 900
1 900
Total tax
739
705
1 064
1 002
After tax
1 161
1 195
836
898
Living cost
228
228
228
228
Free-cash
933
967
608
670

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
€674
€939
€612
€971
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
-
-
-
1 900
surtax
-
-
-
87
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
547
other
-
-
-
-
total
-
-
-
1 002
Employee
335
-
1 615
-
unemployment
23
-
94
-
other
-
-
-
-
income
56
-
486
-
surtax
1
-
75
-
pensions
22
-
90
-
health
9
-
34
-
total
111
-
779
-
Employer
335
-
1 615
-
pensions
45
-
180
-
other
-
-
-
-
health
15
-
62
-
unemployment
11
-
43
-
total
71
-
285
-
Corporate
1 494
1 900
-
-
income
389
494
-
-
total
389
494
-
-
Dividends
1 106
1 406
-
-
withholding
166
211
-
-
total
166
211
-
-
Income
1 900
1 900
1 900
1 900
Total tax
737
705
1 064
1 002
After tax
1 163
1 195
836
898
Living cost
224
224
224
224
Free-cash
939
971
612
674

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
€1115
€870
€900
€864
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
-
-
-
1 900
unemployment
-
-
-
28
health
-
-
-
133
pensions
-
-
-
190
income
-
-
-
232
total
-
-
-
583
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.

291
116
1 590
-
unemployment
4
2
24
-
income
36
14
194
-
pensions
29
12
159
-
health
20
8
111
-
total
89
36
488
-
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.

291
116
1 590
-
pensions
57
23
310
-
total
57
23
310
-
Corporate
1 552
1 762
-
-
income
140
159
-
-
total
140
159
-
-
Dividends
1 413
1 603
-
-
withholding
268
305
-
-
social contributions
274
311
-
-
total
542
616
-
-
Income
1 900
1 900
1 900
1 900
Total tax
828
834
798
583
After tax
1 072
1 066
1 102
1 317
Living cost
202
202
202
202
Free-cash
870
864
900
1 115

Estimated living cost  is €202 per week

€138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€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.
€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
€612
€688
€622
€696
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
-
-
-
1 900
national
-
-
-
340
pensions
-
-
-
228
social contributions
-
-
-
20
municipal
-
-
-
210
total
-
-
-
798
Employee
759
-
1 643
-
municipal
94
-
217
-
national
145
-
356
-
pensions
30
-
66
-
total
269
-
639
-
Employer
759
-
1 643
-
pensions
61
-
131
-
social contributions
8
-
18
-
total
69
-
149
-
Corporate
1 022
1 900
-
-
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%.

204
380
-
-
total
204
380
-
-
Dividends
818
1 520
-
-
withholding
180
334
-
-
total
180
334
-
-
Income
1 900
1 900
1 900
1 900
Total tax
722
714
788
798
After tax
1 178
1 186
1 112
1 102
Living cost
490
490
490
490
Free-cash
688
696
622
612

Estimated living cost  is €490 per week

€333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€46
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
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
€411
€775
€411
€753
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
-
-
-
1 900
social contributions
-
-
-
320
income
-
-
-
592
total
-
-
-
912
Employee
793
-
1 900
-
social contributions
66
-
320
-
income
150
-
592
-
total
216
-
912
-
Employer
793
-
1 900
-
total
-
-
-
-
Corporate
1 107
1 900
-
-
income
138
238
-
-
total
138
238
-
-
Dividends
969
1 662
-
-
withholding
194
332
-
-
total
194
332
-
-
Income
1 900
1 900
1 900
1 900
Total tax
548
570
912
912
After tax
1 352
1 330
988
988
Living cost
577
577
577
577
Free-cash
775
753
411
411

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
€473
€533
€387
€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
-
-
-
1 900
national
-
-
-
476
regional
-
-
-
23
social contributions
-
-
-
489
municipal
-
-
-
11
total
-
-
-
999
Employee
901
-
1 900
-
municipal
5
-
10
-
national
156
-
414
-
social contributions
304
-
641
-
regional
8
-
20
-
total
473
-
1 085
-
Employer
901
-
1 900
-
total
-
-
-
-
Corporate
999
1 900
-
-
nationa
240
456
-
-
municipal
39
74
-
-
total
279
530
-
-
Dividends
721
1 370
-
-
withholding
187
356
-
-
total
187
356
-
-
Income
1 900
1 900
1 900
1 900
Total tax
939
886
1 085
999
After tax
961
1 014
815
901
Living cost
428
428
428
428
Free-cash
533
586
387
473

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
€622
€703
€536
€726
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
-
-
-
1 900
national
-
-
-
476
regional
-
-
-
29
social contributions
-
-
-
489
municipal
-
-
-
11
total
-
-
-
1 005
Employee
562
-
1 900
-
municipal
3
-
10
-
national
89
-
414
-
social contributions
190
-
641
-
regional
8
-
26
-
total
290
-
1 091
-
Employer
562
-
1 900
-
total
-
-
-
-
Corporate
1 338
1 900
-
-
nationa
321
456
-
-
municipal
66
94
-
-
total
387
550
-
-
Dividends
950
1 350
-
-
withholding
247
351
-
-
total
247
351
-
-
Income
1 900
1 900
1 900
1 900
Total tax
924
901
1 091
1 005
After tax
976
999
809
895
Living cost
273
273
273
273
Free-cash
703
726
536
622

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