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
€ 1950
per

Your estimated
City
free-cash

Andorra , Andorra
€1125
€1417
€1177
€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
-
-
-
1 950
social contributions
-
-
-
429
income
-
-
-
91
total
-
-
-
520
Employee
326
-
1 688
-
social contributions
21
-
110
-
income
-
-
96
-
total
21
-
206
-
Employer
326
-
1 688
-
social contributions
50
-
262
-
total
50
-
262
-
Corporate
1 574
1 950
-
-
income
157
195
-
-
total
157
195
-
-
Dividends
1 416
1 755
-
-
total
-
-
-
-
Income
1 950
1 950
1 950
1 950
Total tax
228
195
468
520
After tax
1 722
1 755
1 482
1 430
Living cost
305
305
305
305
Free-cash
1 417
1 450
1 177
1 125

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
€680
€751
€192
€756
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
-
-
-
1 950
surtax
-
-
-
-
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
8
pensions
-
-
-
219
income
-
-
-
567
total
-
-
-
947
Employee
443
404
1 580
-
unemployment
13
12
36
-
other
4
4
12
-
income
39
30
465
-
pensions
45
41
121
-
health
17
16
46
-
total
118
103
680
-
Employer
443
404
1 580
-
pensions
56
51
149
-
surtax
-
-
-
-
payroll
13
12
47
-
other
21
19
72
-
health
17
15
45
-
accident
6
5
15
-
unemployment
13
12
36
-
chamber of commerce
2
2
6
-
total
128
116
370
-
Corporate
1 380
1 430
1 542
-
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.

345
357
385
-
total
345
357
385
-
Dividends
1 035
1 072
-
-
withholding
285
295
-
-
total
285
295
-
-
Income
1 950
1 950
1 950
1 950
Total tax
876
871
1 435
947
After tax
1 074
1 079
515
1 003
Living cost
323
323
323
323
Free-cash
751
756
192
680

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
€644
€704
€157
€721
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
-
-
-
1 950
surtax
-
-
-
2
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
8
pensions
-
-
-
219
income
-
-
-
567
total
-
-
-
949
Employee
506
404
1 578
-
unemployment
15
12
36
-
other
5
4
12
-
income
58
30
464
-
pensions
52
41
121
-
health
20
16
46
-
total
150
103
679
-
Employer
506
404
1 578
-
pensions
64
51
149
-
surtax
2
2
2
-
payroll
15
12
47
-
other
24
19
72
-
health
19
15
45
-
accident
7
5
15
-
unemployment
15
12
36
-
chamber of commerce
2
2
6
-
total
148
118
372
-
Corporate
1 296
1 428
1 540
-
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.

324
357
385
-
total
324
357
385
-
Dividends
972
1 071
-
-
withholding
267
294
-
-
total
267
294
-
-
Income
1 950
1 950
1 950
1 950
Total tax
889
872
1 436
949
After tax
1 061
1 078
514
1 001
Living cost
357
357
357
357
Free-cash
704
721
157
644

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
€476
€570
€308
€720
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
-
-
-
1 950
national
-
-
-
749
communal

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

-
-
-
102
social contributions
-
-
-
253
total
-
-
-
1 104
Employee

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

725
-
1 510
-
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
-
557
-
communal

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

38
-
79
-
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
-
113
-
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
-
71
-
total
355
-
833
-
Employer

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

725
-
1 510
-
surtax
82
-
171
-
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
-
134
-
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
-
93
-
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
-
20
-
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
-
22
-
total
211
-
440
-
Corporate
1 014
1 950
-
-
income
203
392
-
-
surtax
4
8
-
-
total
207
400
-
-
Dividends
807
1 550
-
-
withholding

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

238
461
-
-
total
238
461
-
-
Income
1 950
1 950
1 950
1 950
Total tax
1 011
861
1 273
1 104
After tax
939
1 089
677
846
Living cost
370
370
370
370
Free-cash
570
720
308
476

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
€1389
€1432
€1468
€1493
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
-
-
-
1 950
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
-
-
-
293
total
-
-
-
387
Employee
231
-
1 881
-
accident

We are using the highest rate at 1.1%.

3
-
4
-
income
23
-
188
-
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
-
239
-
Employer
231
-
1 881
-
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
1 674
1 950
-
-
income
167
195
-
-
total
167
195
-
-
Dividends
1 507
1 755
-
-
withholding
75
88
-
-
total
75
88
-
-
Income
1 950
1 950
1 950
1 950
Total tax
344
283
308
387
After tax
1 606
1 667
1 642
1 563
Living cost
174
174
174
174
Free-cash
1 432
1 493
1 468
1 389

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
€1430
€1488
€1509
€1534
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
-
-
-
1 950
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
-
-
-
293
total
-
-
-
387
Employee
176
-
1 881
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
income
18
-
188
-
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
-
239
-
Employer
176
-
1 881
-
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
1 740
1 950
-
-
income
174
195
-
-
total
174
195
-
-
Dividends
1 566
1 755
-
-
withholding
78
88
-
-
total
78
88
-
-
Income
1 950
1 950
1 950
1 950
Total tax
329
283
308
387
After tax
1 621
1 667
1 642
1 563
Living cost
133
133
133
133
Free-cash
1 488
1 534
1 509
1 430

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
€1089
€1132
€1073
€1188
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
-
-
-
1 950
health
-
-
-
50
social contributions
-
-
-
164
income
-
-
-
412
total
-
-
-
626
Employee
779
779
1 829
-
income
85
72
403
-
social contributions
29
65
87
-
health
6
13
31
-
total
120
150
521
-
Employer
779
779
1 829
-
social contributions
29
65
87
-
health
7
14
34
-
total
36
79
121
-
Corporate
1 559
1 092
-
-
income
195
136
-
-
total
195
136
-
-
Dividends
1 364
955
-
-
withholding
232
162
-
-
total
232
162
-
-
Income
1 950
1 950
1 950
1 950
Total tax
583
527
642
626
After tax
1 367
1 423
1 308
1 324
Living cost
235
235
235
235
Free-cash
1 132
1 188
1 073
1 089

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
€995
€1051
€979
€1094
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
-
-
-
1 950
health
-
-
-
50
social contributions
-
-
-
164
income
-
-
-
412
total
-
-
-
626
Employee
779
779
1 829
-
income
82
72
403
-
social contributions
38
65
87
-
health
8
13
31
-
total
128
150
521
-
Employer
779
779
1 829
-
social contributions
38
65
87
-
health
8
14
34
-
total
46
79
121
-
Corporate
1 448
1 092
-
-
income
181
136
-
-
total
181
136
-
-
Dividends
1 267
955
-
-
withholding
215
162
-
-
total
215
162
-
-
Income
1 950
1 950
1 950
1 950
Total tax
570
527
642
626
After tax
1 380
1 423
1 308
1 324
Living cost
329
329
329
329
Free-cash
1 051
1 094
979
995

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
€899
€1026
€817
€1108
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
-
-
-
1 950
health
-
-
-
263
social contributions
-
-
-
337
income
-
-
-
203
solidarity contribution
-
-
-
14
total
-
-
-
817
Employee
344
-
1 525
-
income
41
-
187
-
social contributions
22
-
75
-
health
46
-
206
-
solidarity contribution
-
-
6
-
total
109
-
474
-
Employer
344
-
1 525
-
social contributions
86
-
288
-
health
31
-
137
-
total
117
-
425
-
Corporate
1 489
1 950
-
-
income
283
371
-
-
total
283
371
-
-
Dividends
1 206
1 579
-
-
withholding
181
237
-
-
total
181
237
-
-
Income
1 950
1 950
1 950
1 950
Total tax
690
608
899
817
After tax
1 260
1 342
1 051
1 133
Living cost
234
234
234
234
Free-cash
1 026
1 108
817
899

Estimated living cost  is €234 per week

€162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€50
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
€845
€951
€763
€1054
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
-
-
-
1 950
health
-
-
-
263
social contributions
-
-
-
337
income
-
-
-
203
solidarity contribution
-
-
-
14
total
-
-
-
817
Employee
424
-
1 525
-
income
51
-
187
-
social contributions
28
-
75
-
health
57
-
206
-
solidarity contribution
-
-
6
-
total
136
-
474
-
Employer
424
-
1 525
-
social contributions
106
-
288
-
health
38
-
137
-
total
144
-
425
-
Corporate
1 382
1 950
-
-
income
263
371
-
-
total
263
371
-
-
Dividends
1 119
1 579
-
-
withholding
168
237
-
-
total
168
237
-
-
Income
1 950
1 950
1 950
1 950
Total tax
711
608
899
817
After tax
1 239
1 342
1 051
1 133
Living cost
288
288
288
288
Free-cash
951
1 054
763
845

Estimated living cost  is €288 per week

€214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€16
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€53
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Copenhagen , Denmark
€651
-€265
-€265
-€265
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
-
-
-
1 950
national
-
-
-
234
pensions
-
-
-
9
municipal
-
-
-
411
labour market
-
-
-
155
total
-
-
-
809
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
1 950
1 950
1 950
1 950
Total tax
1 725
1 725
1 725
809
After tax
225
225
225
1 141
Living cost
490
490
490
490
Free-cash
-265
-265
-265
651

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
€800
€1252
€880
€1315
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 950
health
-
-
-
254
pensions
-
-
-
390
income
-
-
-
261
total
-
-
-
905
Employee
287
-
1 457
-
unemployment
5
-
23
-
income
32
-
281
-
pensions
6
-
29
-
total
43
-
333
-
Employer
287
-
1 457
-
pensions
58
-
291
-
health
37
-
189
-
unemployment
2
-
12
-
total
97
-
492
-
Corporate
1 565
1 950
-
-
income
313
390
-
-
total
313
390
-
-
Dividends
1 252
1 560
-
-
total
-
-
-
-
Income
1 950
1 950
1 950
1 950
Total tax
453
390
825
905
After tax
1 497
1 560
1 125
1 045
Living cost
245
245
245
245
Free-cash
1 252
1 315
880
800

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
€845
€853
€619
€822
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

-
-
-
1 950
national
-
-
-
344
health
-
-
-
26
municipal
-
-
-
346
total
-
-
-
716
Employee
533
-
1 640
-
unemployment
8
-
25
-
municipal
87
-
267
-
national
9
-
207
-
pensions
36
-
111
-
health
4
-
21
-
total
144
-
631
-
Employer
533
-
1 640
-
pensions
92
-
285
-
health
4
-
13
-
accident
1
-
2
-
unemployment
3
-
11
-
total
100
-
311
-
Corporate
1 316
1 950
-
-
income
263
390
-
-
total
263
390
-
-
Dividends

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

790
1 170
-
-
municipal
142
211
-
-
national
59
138
-
-
total
201
349
-
-
Income
1 950
1 950
1 950
1 950
Total tax
708
739
942
716
After tax
1 242
1 211
1 008
1 234
Living cost
389
389
389
389
Free-cash
853
822
619
845

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
€783
€726
€741
€670
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 950
surtax
-
-
-
-
health
-
-
-
88
pensions
-
-
-
332
social contributions
-
-
-
56
income
-
-
-
319
other
-
-
-
60
total
-
-
-
855
Employee
387
-
1 502
-
income
20
-
299
-
surtax
-
-
-
-
social contributions
11
-
43
-
pensions
44
-
107
-
total
75
-
449
-
Employer
387
-
1 502
-
pensions
64
-
180
-
social contributions
1
-
4
-
other
13
-
60
-
health
27
-
143
-
unemployment
16
-
61
-
total
121
-
448
-
Corporate
1 442
1 950
-
-
income
404
546
-
-
surtax
-
-
-
-
total
404
546
-
-
Dividends
1 038
1 404
-
-
withholding
133
180
-
-
social contributions
179
242
-
-
surtax
-
-
-
-
total
312
422
-
-
Income
1 950
1 950
1 950
1 950
Total tax
912
968
897
855
After tax
1 038
982
1 053
1 095
Living cost
312
312
312
312
Free-cash
726
670
741
783

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
€748
€696
€706
€635
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
-
-
-
1 950
surtax
-
-
-
-
health
-
-
-
88
pensions
-
-
-
332
social contributions
-
-
-
56
income
-
-
-
319
other
-
-
-
60
total
-
-
-
855
Employee
434
-
1 502
-
income
26
-
299
-
surtax
-
-
-
-
social contributions
12
-
43
-
pensions
49
-
107
-
total
87
-
449
-
Employer
434
-
1 502
-
pensions
71
-
180
-
social contributions
1
-
4
-
other
15
-
60
-
health
30
-
143
-
unemployment
18
-
61
-
total
135
-
448
-
Corporate
1 381
1 950
-
-
income
387
546
-
-
surtax
-
-
-
-
total
387
546
-
-
Dividends
994
1 404
-
-
withholding
127
180
-
-
social contributions
171
242
-
-
surtax
-
-
-
-
total
298
422
-
-
Income
1 950
1 950
1 950
1 950
Total tax
907
968
897
855
After tax
1 043
982
1 053
1 095
Living cost
347
347
347
347
Free-cash
696
635
706
748

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
€606
€564
€564
€493
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
-
-
-
1 950
surtax
-
-
-
-
health
-
-
-
88
pensions
-
-
-
332
social contributions
-
-
-
56
income
-
-
-
319
other
-
-
-
60
total
-
-
-
855
Employee
635
-
1 502
-
income
55
-
299
-
surtax
-
-
-
-
social contributions
18
-
43
-
pensions
72
-
107
-
total
145
-
449
-
Employer
635
-
1 502
-
pensions
104
-
180
-
social contributions
2
-
4
-
other
22
-
60
-
health
44
-
143
-
unemployment
26
-
61
-
total
198
-
448
-
Corporate
1 117
1 950
-
-
income
313
546
-
-
surtax
-
-
-
-
total
313
546
-
-
Dividends
804
1 404
-
-
withholding
103
180
-
-
social contributions
138
242
-
-
surtax
-
-
-
-
total
241
422
-
-
Income
1 950
1 950
1 950
1 950
Total tax
897
968
897
855
After tax
1 053
982
1 053
1 095
Living cost
489
489
489
489
Free-cash
564
493
564
606

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
€1864
€1775
€1494
€1786
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%.

-
-
-
1 950
microenterprise

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

-
-
-
20
total
-
-
-
20
Employee
82
-
1 950
-
income
16
-
390
-
total
16
-
390
-
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%.

1 868
1 950
-
-
total
-
-
-
-
Dividends
1 868
1 950
-
-
withholding
93
98
-
-
total
93
98
-
-
Income
1 950
1 950
1 950
1 950
Total tax
109
98
390
20
After tax
1 841
1 852
1 560
1 930
Living cost
66
66
66
66
Free-cash
1 775
1 786
1 494
1 864

Estimated living cost  is €66 per week

€41
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€5
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€2
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€18
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Tbilisi , Georgia
€1828
€1731
€1458
€1750
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%.

-
-
-
1 950
microenterprise

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

-
-
-
20
total
-
-
-
20
Employee
128
-
1 950
-
income
26
-
390
-
total
26
-
390
-
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%.

1 822
1 950
-
-
total
-
-
-
-
Dividends
1 822
1 950
-
-
withholding
91
98
-
-
total
91
98
-
-
Income
1 950
1 950
1 950
1 950
Total tax
117
98
390
20
After tax
1 833
1 852
1 560
1 930
Living cost
102
102
102
102
Free-cash
1 731
1 750
1 458
1 828

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
€623
€745
€835
€614
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.

-
-
-
1 950
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.

-
-
-
34
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.

-
-
-
621
trade
-
-
-
212
total
-
-
-
936
Employee

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

504
-
1 950
-
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
-
621
-
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
-
34
-
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
-
724
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 446
1 950
-
-
trade
207
280
-
-
income
217
292
-
-
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
440
592
-
-
Dividends
1 006
1 357
-
-
withholding
248
335
-
-
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
262
353
-
-
Income
1 950
1 950
1 950
1 950
Total tax
814
945
724
936
After tax
1 136
1 005
1 226
1 014
Living cost
391
391
391
391
Free-cash
745
614
835
623

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
€686
€789
€919
€677
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.

-
-
-
1 950
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.

-
-
-
34
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.

-
-
-
621
trade
-
-
-
233
total
-
-
-
957
Employee

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

388
-
1 950
-
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
-
621
-
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
-
34
-
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
-
724
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 562
1 950
-
-
trade
246
307
-
-
income
234
292
-
-
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.

13
16
-
-
total
497
619
-
-
Dividends
1 065
1 330
-
-
withholding
262
329
-
-
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
276
347
-
-
Income
1 950
1 950
1 950
1 950
Total tax
854
966
724
957
After tax
1 096
984
1 226
993
Living cost
307
307
307
307
Free-cash
789
677
919
686

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
€585
€719
€828
€576
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.

-
-
-
1 950
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.

-
-
-
34
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.

-
-
-
621
trade
-
-
-
243
total
-
-
-
967
Employee

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

514
-
1 950
-
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
-
621
-
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
-
34
-
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
-
724
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 436
1 950
-
-
trade
236
321
-
-
income
215
292
-
-
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
467
633
-
-
Dividends
969
1 316
-
-
withholding
238
325
-
-
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
251
343
-
-
Income
1 950
1 950
1 950
1 950
Total tax
833
976
724
967
After tax
1 117
974
1 226
983
Living cost
398
398
398
398
Free-cash
719
576
828
585

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
€508
€664
€762
€500
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
1 950
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.

-
-
-
34
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.

-
-
-
621
trade
-
-
-
254
total
-
-
-
978
Employee

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

609
-
1 950
-
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
-
621
-
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
-
34
-
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
-
724
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 341
1 950
-
-
trade
230
334
-
-
income
201
292
-
-
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
445
646
-
-
Dividends
895
1 303
-
-
withholding
220
322
-
-
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
18
-
-
total
232
340
-
-
Income
1 950
1 950
1 950
1 950
Total tax
822
986
724
978
After tax
1 128
964
1 226
972
Living cost
464
464
464
464
Free-cash
664
500
762
508

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
€694
€964
€631
€999
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
-
-
-
1 950
surtax
-
-
-
91
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
569
other
-
-
-
-
total
-
-
-
1 028
Employee
341
-
1 665
-
unemployment
24
-
94
-
other
-
-
-
-
income
57
-
509
-
surtax
1
-
79
-
pensions
23
-
90
-
health
9
-
34
-
total
114
-
806
-
Employer
341
-
1 665
-
pensions
46
-
180
-
other
-
-
-
-
health
16
-
62
-
unemployment
11
-
43
-
total
73
-
285
-
Corporate
1 537
1 950
-
-
income
400
507
-
-
total
400
507
-
-
Dividends
1 137
1 443
-
-
withholding
171
216
-
-
total
171
216
-
-
Income
1 950
1 950
1 950
1 950
Total tax
758
723
1 091
1 028
After tax
1 192
1 227
859
922
Living cost
228
228
228
228
Free-cash
964
999
631
694

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
€698
€971
€635
€1003
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
-
-
-
1 950
surtax
-
-
-
91
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
569
other
-
-
-
-
total
-
-
-
1 028
Employee
335
-
1 665
-
unemployment
23
-
94
-
other
-
-
-
-
income
56
-
509
-
surtax
1
-
79
-
pensions
22
-
90
-
health
9
-
34
-
total
111
-
806
-
Employer
335
-
1 665
-
pensions
45
-
180
-
other
-
-
-
-
health
15
-
62
-
unemployment
11
-
43
-
total
71
-
285
-
Corporate
1 544
1 950
-
-
income
402
507
-
-
total
402
507
-
-
Dividends
1 143
1 443
-
-
withholding
171
216
-
-
total
171
216
-
-
Income
1 950
1 950
1 950
1 950
Total tax
755
723
1 091
1 028
After tax
1 195
1 227
859
922
Living cost
224
224
224
224
Free-cash
971
1 003
635
698

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
€1151
€899
€931
€894
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
-
-
-
1 950
unemployment
-
-
-
29
health
-
-
-
136
pensions
-
-
-
195
income
-
-
-
238
total
-
-
-
598
Employee

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

The minimum wage is 138,000 HUF per month.

290
116
1 632
-
unemployment
4
2
24
-
income
36
14
199
-
pensions
29
12
163
-
health
20
8
114
-
total
89
36
500
-
Employer

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

The minimum wage is 138,000 HUF per month.

290
116
1 632
-
pensions
57
23
318
-
total
57
23
318
-
Corporate
1 603
1 812
-
-
income
144
163
-
-
total
144
163
-
-
Dividends
1 459
1 649
-
-
withholding
277
313
-
-
social contributions
283
320
-
-
total
560
633
-
-
Income
1 950
1 950
1 950
1 950
Total tax
850
855
818
598
After tax
1 100
1 095
1 132
1 352
Living cost
201
201
201
201
Free-cash
899
894
931
1 151

Estimated living cost  is €201 per week

€137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€16
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€43
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
€637
€718
€647
€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
-
-
-
1 950
national
-
-
-
352
pensions
-
-
-
234
social contributions
-
-
-
21
municipal
-
-
-
215
total
-
-
-
822
Employee
761
-
1 686
-
municipal
94
-
223
-
national
146
-
369
-
pensions
30
-
67
-
total
270
-
659
-
Employer
761
-
1 686
-
pensions
61
-
135
-
social contributions
8
-
18
-
total
69
-
153
-
Corporate
1 070
1 950
-
-
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%.

214
390
-
-
total
214
390
-
-
Dividends
856
1 560
-
-
withholding
188
343
-
-
total
188
343
-
-
Income
1 950
1 950
1 950
1 950
Total tax
741
733
812
822
After tax
1 209
1 217
1 138
1 128
Living cost
491
491
491
491
Free-cash
718
726
647
637

Estimated living cost  is €491 per week

€333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€46
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Dublin , Ireland
€432
€809
€432
€788
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
-
-
-
1 950
social contributions
-
-
-
329
income
-
-
-
612
total
-
-
-
941
Employee
793
-
1 950
-
social contributions
66
-
329
-
income
150
-
612
-
total
216
-
941
-
Employer
793
-
1 950
-
total
-
-
-
-
Corporate
1 157
1 950
-
-
income
145
244
-
-
total
145
244
-
-
Dividends
1 013
1 706
-
-
withholding
203
341
-
-
total
203
341
-
-
Income
1 950
1 950
1 950
1 950
Total tax
564
585
941
941
After tax
1 386
1 365
1 009
1 009
Living cost
577
577
577
577
Free-cash
809
788
432
432

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
€493
€559
€407
€612
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
-
-
-
1 950
national
-
-
-
492
regional
-
-
-
23
social contributions
-
-
-
502
municipal
-
-
-
12
total
-
-
-
1 029
Employee
901
-
1 950
-
municipal
5
-
10
-
national
156
-
427
-
social contributions
304
-
658
-
regional
8
-
20
-
total
473
-
1 115
-
Employer
901
-
1 950
-
total
-
-
-
-
Corporate
1 049
1 950
-
-
nationa
252
468
-
-
municipal
41
76
-
-
total
293
544
-
-
Dividends
757
1 406
-
-
withholding
197
366
-
-
total
197
366
-
-
Income
1 950
1 950
1 950
1 950
Total tax
963
910
1 115
1 029
After tax
987
1 040
835
921
Living cost
428
428
428
428
Free-cash
559
612
407
493

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
€642
€729
€556
€752
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
-
-
-
1 950
national
-
-
-
492
regional
-
-
-
29
social contributions
-
-
-
502
municipal
-
-
-
12
total
-
-
-
1 035
Employee
562
-
1 950
-
municipal
3
-
10
-
national
89
-
427
-
social contributions
190
-
658
-
regional
8
-
26
-
total
290
-
1 121
-
Employer
562
-
1 950
-
total
-
-
-
-
Corporate
1 388
1 950
-
-
nationa
333
468
-
-
municipal
69
97
-
-
total
402
565
-
-
Dividends
986
1 385
-
-
withholding
256
360
-
-
total
256
360
-
-
Income
1 950
1 950
1 950
1 950
Total tax
948
925
1 121
1 035
After tax
1 002
1 025
829
915
Living cost
273
273
273
273
Free-cash
729
752
556
642

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