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
€ 2000
per

Your estimated
City
free-cash

Andorra , Andorra
€1161
€1462
€1214
€1495
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
-
-
-
2 000
social contributions
-
-
-
440
income
-
-
-
94
total
-
-
-
534
Employee
326
-
1 732
-
social contributions
21
-
113
-
income
-
-
100
-
total
21
-
213
-
Employer
326
-
1 732
-
social contributions
50
-
268
-
total
50
-
268
-
Corporate
1 624
2 000
-
-
income
162
200
-
-
total
162
200
-
-
Dividends
1 461
1 800
-
-
total
-
-
-
-
Income
2 000
2 000
2 000
2 000
Total tax
233
200
481
534
After tax
1 767
1 800
1 519
1 466
Living cost
305
305
305
305
Free-cash
1 462
1 495
1 214
1 161

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
€706
€779
€203
€783
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
-
-
-
2 000
surtax
-
-
-
-
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
8
pensions
-
-
-
219
income
-
-
-
591
total
-
-
-
971
Employee
443
404
1 627
-
unemployment
13
12
36
-
other
4
4
12
-
income
39
30
488
-
pensions
45
41
121
-
health
17
16
46
-
total
118
103
703
-
Employer
443
404
1 627
-
pensions
56
51
149
-
surtax
-
-
-
-
payroll
13
12
49
-
other
21
19
74
-
health
17
15
45
-
accident
6
5
15
-
unemployment
13
12
36
-
chamber of commerce
2
2
6
-
total
128
116
374
-
Corporate
1 430
1 480
1 588
-
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.

357
370
397
-
total
357
370
397
-
Dividends
1 072
1 110
-
-
withholding
295
305
-
-
total
295
305
-
-
Income
2 000
2 000
2 000
2 000
Total tax
898
894
1 474
971
After tax
1 102
1 106
526
1 029
Living cost
323
323
323
323
Free-cash
779
783
203
706

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
€670
€731
€169
€748
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
-
-
-
2 000
surtax
-
-
-
2
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
8
pensions
-
-
-
219
income
-
-
-
591
total
-
-
-
973
Employee
506
404
1 625
-
unemployment
15
12
36
-
other
5
4
12
-
income
58
30
487
-
pensions
52
41
121
-
health
20
16
46
-
total
150
103
702
-
Employer
506
404
1 625
-
pensions
64
51
149
-
surtax
2
2
2
-
payroll
15
12
49
-
other
24
19
73
-
health
19
15
45
-
accident
7
5
15
-
unemployment
15
12
36
-
chamber of commerce
2
2
6
-
total
148
118
375
-
Corporate
1 346
1 478
1 587
-
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.

336
369
397
-
total
336
369
397
-
Dividends
1 009
1 108
-
-
withholding
278
305
-
-
total
278
305
-
-
Income
2 000
2 000
2 000
2 000
Total tax
912
895
1 474
973
After tax
1 088
1 105
526
1 027
Living cost
357
357
357
357
Free-cash
731
748
169
670

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
€498
€598
€322
€744
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
-
-
-
2 000
national
-
-
-
774
communal

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

-
-
-
105
social contributions
-
-
-
253
total
-
-
-
1 132
Employee

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

725
-
1 549
-
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
-
574
-
communal

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

38
-
81
-
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
-
116
-
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
-
73
-
total
355
-
857
-
Employer

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

725
-
1 549
-
surtax
82
-
176
-
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
-
137
-
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
-
95
-
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
-
23
-
total
211
-
451
-
Corporate
1 064
2 000
-
-
income
213
407
-
-
surtax
4
8
-
-
total
217
415
-
-
Dividends
847
1 585
-
-
withholding

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

250
472
-
-
total
250
472
-
-
Income
2 000
2 000
2 000
2 000
Total tax
1 033
887
1 308
1 132
After tax
967
1 113
692
868
Living cost
370
370
370
370
Free-cash
598
744
322
498

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
€1432
€1474
€1513
€1536
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
-
-
-
2 000
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
-
-
-
300
total
-
-
-
394
Employee
231
-
1 931
-
accident

We are using the highest rate at 1.1%.

3
-
4
-
income
23
-
193
-
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
-
244
-
Employer
231
-
1 931
-
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
1 724
2 000
-
-
income
172
200
-
-
total
172
200
-
-
Dividends
1 551
1 800
-
-
withholding
78
90
-
-
total
78
90
-
-
Income
2 000
2 000
2 000
2 000
Total tax
352
290
313
394
After tax
1 648
1 710
1 687
1 606
Living cost
174
174
174
174
Free-cash
1 474
1 536
1 513
1 432

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
€1473
€1530
€1554
€1577
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
-
-
-
2 000
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
-
-
-
300
total
-
-
-
394
Employee
176
-
1 931
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
income
18
-
193
-
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
-
244
-
Employer
176
-
1 931
-
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
1 790
2 000
-
-
income
179
200
-
-
total
179
200
-
-
Dividends
1 611
1 800
-
-
withholding
81
90
-
-
total
81
90
-
-
Income
2 000
2 000
2 000
2 000
Total tax
337
290
313
394
After tax
1 663
1 710
1 687
1 606
Living cost
133
133
133
133
Free-cash
1 530
1 577
1 554
1 473

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
€1121
€1169
€1104
€1223
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
-
-
-
2 000
health
-
-
-
51
social contributions
-
-
-
164
income
-
-
-
429
total
-
-
-
644
Employee
779
779
1 878
-
income
85
72
420
-
social contributions
29
65
87
-
health
6
13
32
-
total
120
150
539
-
Employer
779
779
1 878
-
social contributions
29
65
87
-
health
7
14
35
-
total
36
79
122
-
Corporate
1 609
1 142
-
-
income
201
143
-
-
total
201
143
-
-
Dividends
1 408
999
-
-
withholding
239
170
-
-
total
239
170
-
-
Income
2 000
2 000
2 000
2 000
Total tax
596
542
661
644
After tax
1 404
1 458
1 339
1 356
Living cost
235
235
235
235
Free-cash
1 169
1 223
1 104
1 121

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
€1027
€1087
€1010
€1129
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
-
-
-
2 000
health
-
-
-
51
social contributions
-
-
-
164
income
-
-
-
429
total
-
-
-
644
Employee
779
779
1 878
-
income
82
72
420
-
social contributions
38
65
87
-
health
8
13
32
-
total
128
150
539
-
Employer
779
779
1 878
-
social contributions
38
65
87
-
health
8
14
35
-
total
46
79
122
-
Corporate
1 498
1 142
-
-
income
187
143
-
-
total
187
143
-
-
Dividends
1 310
999
-
-
withholding
223
170
-
-
total
223
170
-
-
Income
2 000
2 000
2 000
2 000
Total tax
584
542
661
644
After tax
1 416
1 458
1 339
1 356
Living cost
329
329
329
329
Free-cash
1 087
1 129
1 010
1 027

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
€932
€1059
€846
€1142
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
-
-
-
2 000
health
-
-
-
270
social contributions
-
-
-
338
income
-
-
-
209
solidarity contribution
-
-
-
16
total
-
-
-
833
Employee
346
-
1 569
-
income
41
-
192
-
social contributions
22
-
75
-
health
47
-
212
-
solidarity contribution
-
-
9
-
total
110
-
488
-
Employer
346
-
1 569
-
social contributions
86
-
290
-
health
31
-
141
-
total
117
-
431
-
Corporate
1 537
2 000
-
-
income
292
380
-
-
total
292
380
-
-
Dividends
1 245
1 620
-
-
withholding
187
243
-
-
total
187
243
-
-
Income
2 000
2 000
2 000
2 000
Total tax
706
623
919
833
After tax
1 294
1 377
1 081
1 167
Living cost
235
235
235
235
Free-cash
1 059
1 142
846
932

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
€877
€983
€791
€1087
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
-
-
-
2 000
health
-
-
-
270
social contributions
-
-
-
338
income
-
-
-
209
solidarity contribution
-
-
-
16
total
-
-
-
833
Employee
426
-
1 569
-
income
51
-
192
-
social contributions
28
-
75
-
health
58
-
212
-
solidarity contribution
-
-
9
-
total
137
-
488
-
Employer
426
-
1 569
-
social contributions
106
-
290
-
health
38
-
141
-
total
144
-
431
-
Corporate
1 429
2 000
-
-
income
272
380
-
-
total
272
380
-
-
Dividends
1 158
1 620
-
-
withholding
174
243
-
-
total
174
243
-
-
Income
2 000
2 000
2 000
2 000
Total tax
727
623
919
833
After tax
1 273
1 377
1 081
1 167
Living cost
290
290
290
290
Free-cash
983
1 087
791
877

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
€678
-€214
-€214
-€214
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
-
-
-
2 000
national
-
-
-
242
pensions
-
-
-
9
municipal
-
-
-
423
labour market
-
-
-
159
total
-
-
-
833
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
2 000
2 000
2 000
2 000
Total tax
1 725
1 725
1 725
833
After tax
275
275
275
1 167
Living cost
489
489
489
489
Free-cash
-214
-214
-214
678

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
€827
€1292
€908
€1355
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
-
-
-
2 000
health
-
-
-
260
pensions
-
-
-
400
income
-
-
-
268
total
-
-
-
928
Employee
287
-
1 495
-
unemployment
5
-
24
-
income
32
-
288
-
pensions
6
-
30
-
total
43
-
342
-
Employer
287
-
1 495
-
pensions
58
-
299
-
health
37
-
194
-
unemployment
2
-
12
-
total
97
-
505
-
Corporate
1 615
2 000
-
-
income
323
400
-
-
total
323
400
-
-
Dividends
1 292
1 600
-
-
total
-
-
-
-
Income
2 000
2 000
2 000
2 000
Total tax
463
400
847
928
After tax
1 537
1 600
1 153
1 072
Living cost
245
245
245
245
Free-cash
1 292
1 355
908
827

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
€870
€882
€640
€851
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

-
-
-
2 000
national
-
-
-
359
health
-
-
-
27
municipal
-
-
-
355
total
-
-
-
741
Employee
533
-
1 682
-
unemployment
8
-
25
-
municipal
87
-
274
-
national
9
-
218
-
pensions
36
-
114
-
health
4
-
22
-
total
144
-
653
-
Employer
533
-
1 682
-
pensions
92
-
292
-
health
4
-
13
-
accident
1
-
2
-
unemployment
3
-
11
-
total
100
-
318
-
Corporate
1 366
2 000
-
-
income
273
400
-
-
total
273
400
-
-
Dividends

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

820
1 200
-
-
municipal
148
216
-
-
national
64
144
-
-
total
212
360
-
-
Income
2 000
2 000
2 000
2 000
Total tax
729
760
971
741
After tax
1 271
1 240
1 029
1 259
Living cost
389
389
389
389
Free-cash
882
851
640
870

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
€807
€751
€763
€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
-
-
-
2 000
surtax
-
-
-
-
health
-
-
-
91
pensions
-
-
-
336
social contributions
-
-
-
57
income
-
-
-
335
other
-
-
-
62
total
-
-
-
881
Employee
387
-
1 538
-
income
20
-
308
-
surtax
-
-
-
-
social contributions
11
-
44
-
pensions
44
-
111
-
total
75
-
463
-
Employer
387
-
1 538
-
pensions
64
-
186
-
social contributions
1
-
5
-
other
13
-
62
-
health
27
-
147
-
unemployment
16
-
62
-
total
121
-
462
-
Corporate
1 492
2 000
-
-
income
418
560
-
-
surtax
-
-
-
-
total
418
560
-
-
Dividends
1 074
1 440
-
-
withholding
138
184
-
-
social contributions
185
248
-
-
surtax
-
-
-
-
total
323
432
-
-
Income
2 000
2 000
2 000
2 000
Total tax
937
992
925
881
After tax
1 063
1 008
1 075
1 119
Living cost
312
312
312
312
Free-cash
751
696
763
807

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
€772
€721
€728
€661
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
-
-
-
2 000
surtax
-
-
-
-
health
-
-
-
91
pensions
-
-
-
336
social contributions
-
-
-
57
income
-
-
-
335
other
-
-
-
62
total
-
-
-
881
Employee
434
-
1 538
-
income
26
-
308
-
surtax
-
-
-
-
social contributions
12
-
44
-
pensions
49
-
111
-
total
87
-
463
-
Employer
434
-
1 538
-
pensions
71
-
186
-
social contributions
1
-
5
-
other
15
-
62
-
health
30
-
147
-
unemployment
18
-
62
-
total
135
-
462
-
Corporate
1 431
2 000
-
-
income
401
560
-
-
surtax
-
-
-
-
total
401
560
-
-
Dividends
1 030
1 440
-
-
withholding
132
184
-
-
social contributions
177
248
-
-
surtax
-
-
-
-
total
309
432
-
-
Income
2 000
2 000
2 000
2 000
Total tax
932
992
925
881
After tax
1 068
1 008
1 075
1 119
Living cost
347
347
347
347
Free-cash
721
661
728
772

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
€630
€588
€586
€519
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
-
-
-
2 000
surtax
-
-
-
-
health
-
-
-
91
pensions
-
-
-
336
social contributions
-
-
-
57
income
-
-
-
335
other
-
-
-
62
total
-
-
-
881
Employee
635
-
1 538
-
income
55
-
308
-
surtax
-
-
-
-
social contributions
18
-
44
-
pensions
72
-
111
-
total
145
-
463
-
Employer
635
-
1 538
-
pensions
104
-
186
-
social contributions
2
-
5
-
other
22
-
62
-
health
44
-
147
-
unemployment
26
-
62
-
total
198
-
462
-
Corporate
1 167
2 000
-
-
income
327
560
-
-
surtax
-
-
-
-
total
327
560
-
-
Dividends
840
1 440
-
-
withholding
108
184
-
-
social contributions
145
248
-
-
surtax
-
-
-
-
total
253
432
-
-
Income
2 000
2 000
2 000
2 000
Total tax
923
992
925
881
After tax
1 077
1 008
1 075
1 119
Living cost
489
489
489
489
Free-cash
588
519
586
630

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
€1915
€1823
€1535
€1835
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%.

-
-
-
2 000
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
81
-
2 000
-
income
16
-
400
-
total
16
-
400
-
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%.

1 919
2 000
-
-
total
-
-
-
-
Dividends
1 919
2 000
-
-
withholding
96
100
-
-
total
96
100
-
-
Income
2 000
2 000
2 000
2 000
Total tax
112
100
400
20
After tax
1 888
1 900
1 600
1 980
Living cost
65
65
65
65
Free-cash
1 823
1 835
1 535
1 915

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.
€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
€1879
€1780
€1499
€1799
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%.

-
-
-
2 000
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
127
-
2 000
-
income
25
-
400
-
total
25
-
400
-
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%.

1 873
2 000
-
-
total
-
-
-
-
Dividends
1 873
2 000
-
-
withholding
94
100
-
-
total
94
100
-
-
Income
2 000
2 000
2 000
2 000
Total tax
119
100
400
20
After tax
1 881
1 900
1 600
1 980
Living cost
101
101
101
101
Free-cash
1 780
1 799
1 499
1 879

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
€644
€772
€863
€639
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
2 000
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.

-
-
-
35
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.

-
-
-
642
trade
-
-
-
219
total
-
-
-
965
Employee

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

504
-
2 000
-
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
-
642
-
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
-
35
-
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
-
746
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 496
2 000
-
-
trade
215
287
-
-
income
224
300
-
-
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
455
607
-
-
Dividends
1 041
1 392
-
-
withholding
256
344
-
-
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
19
-
-
total
270
363
-
-
Income
2 000
2 000
2 000
2 000
Total tax
837
970
746
965
After tax
1 163
1 030
1 254
1 035
Living cost
391
391
391
391
Free-cash
772
639
863
644

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
€706
€813
€947
€702
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
2 000
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.

-
-
-
35
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.

-
-
-
642
trade
-
-
-
241
total
-
-
-
987
Employee

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

388
-
2 000
-
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
-
642
-
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
-
35
-
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
-
746
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 612
2 000
-
-
trade
254
315
-
-
income
242
300
-
-
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
513
635
-
-
Dividends
1 099
1 364
-
-
withholding
271
337
-
-
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.

15
19
-
-
total
286
356
-
-
Income
2 000
2 000
2 000
2 000
Total tax
880
991
746
987
After tax
1 120
1 009
1 254
1 013
Living cost
307
307
307
307
Free-cash
813
702
947
706

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
€604
€743
€856
€601
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.

-
-
-
2 000
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.

-
-
-
35
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.

-
-
-
642
trade
-
-
-
252
total
-
-
-
998
Employee

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

514
-
2 000
-
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
-
642
-
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
-
35
-
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
-
746
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 486
2 000
-
-
trade
244
329
-
-
income
223
300
-
-
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
483
649
-
-
Dividends
1 003
1 350
-
-
withholding
247
334
-
-
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
261
352
-
-
Income
2 000
2 000
2 000
2 000
Total tax
859
1 001
746
998
After tax
1 141
999
1 254
1 002
Living cost
398
398
398
398
Free-cash
743
601
856
604

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
€528
€687
€790
€525
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.

-
-
-
2 000
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.

-
-
-
35
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.

-
-
-
642
trade
-
-
-
262
total
-
-
-
1 008
Employee

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

609
-
2 000
-
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
-
642
-
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
-
35
-
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
-
746
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 391
2 000
-
-
trade
239
343
-
-
income
209
300
-
-
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
463
663
-
-
Dividends
929
1 336
-
-
withholding
228
330
-
-
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
241
348
-
-
Income
2 000
2 000
2 000
2 000
Total tax
849
1 011
746
1 008
After tax
1 151
989
1 254
992
Living cost
464
464
464
464
Free-cash
687
525
790
528

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
€716
€996
€654
€1030
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
-
-
-
2 000
surtax
-
-
-
96
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
592
other
-
-
-
-
total
-
-
-
1 056
Employee
341
-
1 715
-
unemployment
24
-
94
-
other
-
-
-
-
income
57
-
531
-
surtax
1
-
84
-
pensions
23
-
90
-
health
9
-
34
-
total
114
-
833
-
Employer
341
-
1 715
-
pensions
46
-
180
-
other
-
-
-
-
health
16
-
62
-
unemployment
11
-
43
-
total
73
-
285
-
Corporate
1 587
2 000
-
-
income
413
520
-
-
total
413
520
-
-
Dividends
1 174
1 480
-
-
withholding
176
222
-
-
total
176
222
-
-
Income
2 000
2 000
2 000
2 000
Total tax
776
742
1 118
1 056
After tax
1 224
1 258
882
944
Living cost
228
228
228
228
Free-cash
996
1 030
654
716

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
€720
€1002
€658
€1034
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
-
-
-
2 000
surtax
-
-
-
96
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
592
other
-
-
-
-
total
-
-
-
1 056
Employee
335
-
1 715
-
unemployment
23
-
94
-
other
-
-
-
-
income
56
-
531
-
surtax
1
-
84
-
pensions
22
-
90
-
health
9
-
34
-
total
111
-
833
-
Employer
335
-
1 715
-
pensions
45
-
180
-
other
-
-
-
-
health
15
-
62
-
unemployment
11
-
43
-
total
71
-
285
-
Corporate
1 594
2 000
-
-
income
415
520
-
-
total
415
520
-
-
Dividends
1 180
1 480
-
-
withholding
177
222
-
-
total
177
222
-
-
Income
2 000
2 000
2 000
2 000
Total tax
774
742
1 118
1 056
After tax
1 226
1 258
882
944
Living cost
224
224
224
224
Free-cash
1 002
1 034
658
720

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
€1184
€925
€958
€920
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
-
-
-
2 000
unemployment
-
-
-
30
health
-
-
-
140
pensions
-
-
-
200
income
-
-
-
244
total
-
-
-
614
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
1 674
-
unemployment
4
2
25
-
income
36
14
205
-
pensions
29
12
167
-
health
20
8
117
-
total
89
36
514
-
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
1 674
-
pensions
57
23
326
-
total
57
23
326
-
Corporate
1 652
1 862
-
-
income
149
168
-
-
total
149
168
-
-
Dividends
1 503
1 694
-
-
withholding
286
322
-
-
social contributions
292
329
-
-
total
578
651
-
-
Income
2 000
2 000
2 000
2 000
Total tax
873
878
840
614
After tax
1 127
1 122
1 160
1 386
Living cost
202
202
202
202
Free-cash
925
920
958
1 184

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.
€17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€44
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
€663
€751
€673
€758
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
-
-
-
2 000
national
-
-
-
365
pensions
-
-
-
240
social contributions
-
-
-
21
municipal
-
-
-
221
total
-
-
-
847
Employee
759
-
1 729
-
municipal
94
-
229
-
national
145
-
382
-
pensions
30
-
69
-
total
269
-
680
-
Employer
759
-
1 729
-
pensions
61
-
138
-
social contributions
8
-
19
-
total
69
-
157
-
Corporate
1 122
2 000
-
-
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%.

224
400
-
-
total
224
400
-
-
Dividends
898
1 600
-
-
withholding
197
352
-
-
total
197
352
-
-
Income
2 000
2 000
2 000
2 000
Total tax
759
752
837
847
After tax
1 241
1 248
1 163
1 153
Living cost
490
490
490
490
Free-cash
751
758
673
663

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
€452
€845
€452
€823
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
-
-
-
2 000
social contributions
-
-
-
339
income
-
-
-
632
total
-
-
-
971
Employee
793
-
2 000
-
social contributions
66
-
339
-
income
150
-
632
-
total
216
-
971
-
Employer
793
-
2 000
-
total
-
-
-
-
Corporate
1 207
2 000
-
-
income
151
250
-
-
total
151
250
-
-
Dividends
1 056
1 750
-
-
withholding
211
350
-
-
total
211
350
-
-
Income
2 000
2 000
2 000
2 000
Total tax
578
600
971
971
After tax
1 422
1 400
1 029
1 029
Living cost
577
577
577
577
Free-cash
845
823
452
452

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
€518
€586
€430
€639
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 000
national
-
-
-
511
regional
-
-
-
24
social contributions
-
-
-
507
municipal
-
-
-
12
total
-
-
-
1 054
Employee
901
-
2 000
-
municipal
5
-
11
-
national
156
-
445
-
social contributions
304
-
665
-
regional
8
-
21
-
total
473
-
1 142
-
Employer
901
-
2 000
-
total
-
-
-
-
Corporate
1 099
2 000
-
-
nationa
264
480
-
-
municipal
43
78
-
-
total
307
558
-
-
Dividends
793
1 442
-
-
withholding
206
375
-
-
total
206
375
-
-
Income
2 000
2 000
2 000
2 000
Total tax
986
933
1 142
1 054
After tax
1 014
1 067
858
946
Living cost
428
428
428
428
Free-cash
586
639
430
518

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
€667
€755
€579
€779
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
-
-
-
2 000
national
-
-
-
511
regional
-
-
-
30
social contributions
-
-
-
507
municipal
-
-
-
12
total
-
-
-
1 060
Employee
562
-
2 000
-
municipal
3
-
11
-
national
89
-
445
-
social contributions
190
-
665
-
regional
8
-
27
-
total
290
-
1 148
-
Employer
562
-
2 000
-
total
-
-
-
-
Corporate
1 438
2 000
-
-
nationa
345
480
-
-
municipal
71
99
-
-
total
416
579
-
-
Dividends
1 021
1 421
-
-
withholding
266
369
-
-
total
266
369
-
-
Income
2 000
2 000
2 000
2 000
Total tax
972
948
1 148
1 060
After tax
1 028
1 052
852
940
Living cost
273
273
273
273
Free-cash
755
779
579
667

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.