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
€ 2050
per

Your estimated
City
free-cash

Andorra , Andorra
€1196
€1507
€1251
€1540
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
-
-
-
2 050
social contributions
-
-
-
451
income
-
-
-
98
total
-
-
-
549
Employee
326
-
1 775
-
social contributions
21
-
115
-
income
-
-
104
-
total
21
-
219
-
Employer
326
-
1 775
-
social contributions
50
-
275
-
total
50
-
275
-
Corporate
1 674
2 050
-
-
income
167
205
-
-
total
167
205
-
-
Dividends
1 506
1 845
-
-
total
-
-
-
-
Income
2 050
2 050
2 050
2 050
Total tax
238
205
494
549
After tax
1 812
1 845
1 556
1 501
Living cost
305
305
305
305
Free-cash
1 507
1 540
1 251
1 196

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
€732
€806
€216
€810
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
-
-
-
2 050
surtax
-
-
-
-
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
8
pensions
-
-
-
219
income
-
-
-
615
total
-
-
-
995
Employee
443
404
1 674
-
unemployment
13
12
36
-
other
4
4
12
-
income
39
30
510
-
pensions
45
41
121
-
health
17
16
46
-
total
118
103
725
-
Employer
443
404
1 674
-
pensions
56
51
149
-
surtax
-
-
-
-
payroll
13
12
50
-
other
21
19
75
-
health
17
15
45
-
accident
6
5
15
-
unemployment
13
12
36
-
chamber of commerce
2
2
7
-
total
128
116
377
-
Corporate
1 480
1 530
1 635
-
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.

370
382
409
-
total
370
382
409
-
Dividends
1 110
1 147
-
-
withholding
305
316
-
-
total
305
316
-
-
Income
2 050
2 050
2 050
2 050
Total tax
921
917
1 511
995
After tax
1 129
1 133
539
1 055
Living cost
323
323
323
323
Free-cash
806
810
216
732

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
€696
€758
€182
€775
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
-
-
-
2 050
surtax
-
-
-
2
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
8
pensions
-
-
-
219
income
-
-
-
615
total
-
-
-
997
Employee
506
404
1 672
-
unemployment
15
12
36
-
other
5
4
12
-
income
58
30
509
-
pensions
52
41
121
-
health
20
16
46
-
total
150
103
724
-
Employer
506
404
1 672
-
pensions
64
51
149
-
surtax
2
2
2
-
payroll
15
12
50
-
other
24
19
75
-
health
19
15
45
-
accident
7
5
15
-
unemployment
15
12
36
-
chamber of commerce
2
2
7
-
total
148
118
379
-
Corporate
1 396
1 528
1 633
-
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.

349
382
408
-
total
349
382
408
-
Dividends
1 047
1 146
-
-
withholding
288
315
-
-
total
288
315
-
-
Income
2 050
2 050
2 050
2 050
Total tax
935
918
1 511
997
After tax
1 115
1 132
539
1 053
Living cost
357
357
357
357
Free-cash
758
775
182
696

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
€520
€626
€336
€770
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
-
-
-
2 050
national
-
-
-
799
communal

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

-
-
-
108
social contributions
-
-
-
253
total
-
-
-
1 160
Employee

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

725
-
1 588
-
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
-
14
-
national
223
-
590
-
communal

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

38
-
83
-
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
-
119
-
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
-
75
-
total
355
-
881
-
Employer

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

725
-
1 588
-
surtax
82
-
180
-
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
-
141
-
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
-
98
-
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
-
21
-
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
-
463
-
Corporate
1 114
2 050
-
-
income
223
421
-
-
surtax
4
8
-
-
total
227
429
-
-
Dividends
887
1 620
-
-
withholding

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

262
482
-
-
total
262
482
-
-
Income
2 050
2 050
2 050
2 050
Total tax
1 055
911
1 344
1 160
After tax
995
1 139
706
890
Living cost
370
370
370
370
Free-cash
626
770
336
520

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
€1474
€1517
€1558
€1579
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
-
-
-
2 050
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
-
-
-
308
total
-
-
-
402
Employee
231
-
1 981
-
accident

We are using the highest rate at 1.1%.

3
-
4
-
income
23
-
198
-
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
-
249
-
Employer
231
-
1 981
-
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
1 774
2 050
-
-
income
177
205
-
-
total
177
205
-
-
Dividends
1 596
1 845
-
-
withholding
80
92
-
-
total
80
92
-
-
Income
2 050
2 050
2 050
2 050
Total tax
359
297
318
402
After tax
1 691
1 753
1 732
1 648
Living cost
174
174
174
174
Free-cash
1 517
1 579
1 558
1 474

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
€1515
€1573
€1599
€1620
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
-
-
-
2 050
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
-
-
-
308
total
-
-
-
402
Employee
176
-
1 981
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
income
18
-
198
-
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
-
249
-
Employer
176
-
1 981
-
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
1 840
2 050
-
-
income
184
205
-
-
total
184
205
-
-
Dividends
1 656
1 845
-
-
withholding
83
92
-
-
total
83
92
-
-
Income
2 050
2 050
2 050
2 050
Total tax
344
297
318
402
After tax
1 706
1 753
1 732
1 648
Living cost
133
133
133
133
Free-cash
1 573
1 620
1 599
1 515

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
€1153
€1205
€1135
€1260
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
-
-
-
2 050
health
-
-
-
52
social contributions
-
-
-
164
income
-
-
-
446
total
-
-
-
662
Employee
779
779
1 927
-
income
85
72
437
-
social contributions
29
65
87
-
health
6
13
33
-
total
120
150
557
-
Employer
779
779
1 927
-
social contributions
29
65
87
-
health
7
14
36
-
total
36
79
123
-
Corporate
1 659
1 192
-
-
income
207
149
-
-
total
207
149
-
-
Dividends
1 452
1 043
-
-
withholding
247
177
-
-
total
247
177
-
-
Income
2 050
2 050
2 050
2 050
Total tax
610
555
680
662
After tax
1 440
1 495
1 370
1 388
Living cost
235
235
235
235
Free-cash
1 205
1 260
1 135
1 153

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
€1059
€1124
€1041
€1166
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
-
-
-
2 050
health
-
-
-
52
social contributions
-
-
-
164
income
-
-
-
446
total
-
-
-
662
Employee
779
779
1 927
-
income
82
72
437
-
social contributions
38
65
87
-
health
8
13
33
-
total
128
150
557
-
Employer
779
779
1 927
-
social contributions
38
65
87
-
health
8
14
36
-
total
46
79
123
-
Corporate
1 548
1 192
-
-
income
193
149
-
-
total
193
149
-
-
Dividends
1 354
1 043
-
-
withholding
230
177
-
-
total
230
177
-
-
Income
2 050
2 050
2 050
2 050
Total tax
597
555
680
662
After tax
1 453
1 495
1 370
1 388
Living cost
329
329
329
329
Free-cash
1 124
1 166
1 041
1 059

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
€967
€1094
€879
€1177
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
-
-
-
2 050
health
-
-
-
277
social contributions
-
-
-
337
income
-
-
-
215
solidarity contribution
-
-
-
20
total
-
-
-
849
Employee
345
-
1 616
-
income
41
-
198
-
social contributions
22
-
75
-
health
47
-
218
-
solidarity contribution
-
-
12
-
total
110
-
503
-
Employer
345
-
1 616
-
social contributions
86
-
289
-
health
31
-
145
-
total
117
-
434
-
Corporate
1 588
2 050
-
-
income
302
390
-
-
total
302
390
-
-
Dividends
1 286
1 660
-
-
withholding
193
249
-
-
total
193
249
-
-
Income
2 050
2 050
2 050
2 050
Total tax
722
639
937
849
After tax
1 328
1 411
1 113
1 201
Living cost
234
234
234
234
Free-cash
1 094
1 177
879
967

Estimated living cost  is €234 per week

€163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€50
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
€912
€1020
€824
€1122
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
-
-
-
2 050
health
-
-
-
277
social contributions
-
-
-
337
income
-
-
-
215
solidarity contribution
-
-
-
20
total
-
-
-
849
Employee
425
-
1 616
-
income
51
-
198
-
social contributions
28
-
75
-
health
57
-
218
-
solidarity contribution
-
-
12
-
total
136
-
503
-
Employer
425
-
1 616
-
social contributions
106
-
289
-
health
38
-
145
-
total
144
-
434
-
Corporate
1 481
2 050
-
-
income
281
390
-
-
total
281
390
-
-
Dividends
1 199
1 660
-
-
withholding
180
249
-
-
total
180
249
-
-
Income
2 050
2 050
2 050
2 050
Total tax
741
639
937
849
After tax
1 309
1 411
1 113
1 201
Living cost
289
289
289
289
Free-cash
1 020
1 122
824
912

Estimated living cost  is €289 per week

€215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€16
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€53
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Copenhagen , Denmark
€705
-€164
-€164
-€164
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
-
-
-
2 050
national
-
-
-
249
pensions
-
-
-
9
municipal
-
-
-
435
labour market
-
-
-
163
total
-
-
-
856
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
2 050
2 050
2 050
2 050
Total tax
1 725
1 725
1 725
856
After tax
325
325
325
1 194
Living cost
489
489
489
489
Free-cash
-164
-164
-164
705

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
€854
€1332
€937
€1395
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
-
-
-
2 050
health
-
-
-
266
pensions
-
-
-
410
income
-
-
-
275
total
-
-
-
951
Employee
287
-
1 532
-
unemployment
5
-
25
-
income
32
-
295
-
pensions
6
-
31
-
total
43
-
351
-
Employer
287
-
1 532
-
pensions
58
-
306
-
health
37
-
199
-
unemployment
2
-
12
-
total
97
-
517
-
Corporate
1 665
2 050
-
-
income
333
410
-
-
total
333
410
-
-
Dividends
1 332
1 640
-
-
total
-
-
-
-
Income
2 050
2 050
2 050
2 050
Total tax
473
410
868
951
After tax
1 577
1 640
1 182
1 099
Living cost
245
245
245
245
Free-cash
1 332
1 395
937
854

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
€895
€911
€661
€880
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

-
-
-
2 050
national
-
-
-
375
health
-
-
-
27
municipal
-
-
-
364
total
-
-
-
766
Employee
533
-
1 725
-
unemployment
8
-
26
-
municipal
87
-
281
-
national
9
-
230
-
pensions
36
-
116
-
health
4
-
22
-
total
144
-
675
-
Employer
533
-
1 725
-
pensions
92
-
299
-
health
4
-
13
-
accident
1
-
2
-
unemployment
3
-
11
-
total
100
-
325
-
Corporate
1 416
2 050
-
-
income
283
410
-
-
total
283
410
-
-
Dividends

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

850
1 230
-
-
municipal
153
221
-
-
national
70
150
-
-
total
223
371
-
-
Income
2 050
2 050
2 050
2 050
Total tax
750
781
1 000
766
After tax
1 300
1 269
1 050
1 284
Living cost
389
389
389
389
Free-cash
911
880
661
895

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
€830
€777
€783
€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
-
-
-
2 050
surtax
-
-
-
-
health
-
-
-
95
pensions
-
-
-
340
social contributions
-
-
-
58
income
-
-
-
351
other
-
-
-
64
total
-
-
-
908
Employee
387
-
1 574
-
income
20
-
318
-
surtax
-
-
-
-
social contributions
11
-
45
-
pensions
44
-
115
-
total
75
-
478
-
Employer
387
-
1 574
-
pensions
64
-
192
-
social contributions
1
-
5
-
other
13
-
64
-
health
27
-
152
-
unemployment
16
-
64
-
total
121
-
477
-
Corporate
1 542
2 050
-
-
income
432
574
-
-
surtax
-
-
-
-
total
432
574
-
-
Dividends
1 110
1 476
-
-
withholding
142
189
-
-
social contributions
191
254
-
-
surtax
-
-
-
-
total
333
443
-
-
Income
2 050
2 050
2 050
2 050
Total tax
961
1 017
955
908
After tax
1 089
1 033
1 095
1 142
Living cost
312
312
312
312
Free-cash
777
721
783
830

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
€795
€747
€748
€686
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
-
-
-
2 050
surtax
-
-
-
-
health
-
-
-
95
pensions
-
-
-
340
social contributions
-
-
-
58
income
-
-
-
351
other
-
-
-
64
total
-
-
-
908
Employee
434
-
1 574
-
income
26
-
318
-
surtax
-
-
-
-
social contributions
12
-
45
-
pensions
49
-
115
-
total
87
-
478
-
Employer
434
-
1 574
-
pensions
71
-
192
-
social contributions
1
-
5
-
other
15
-
64
-
health
30
-
152
-
unemployment
18
-
64
-
total
135
-
477
-
Corporate
1 481
2 050
-
-
income
415
574
-
-
surtax
-
-
-
-
total
415
574
-
-
Dividends
1 066
1 476
-
-
withholding
136
189
-
-
social contributions
183
254
-
-
surtax
-
-
-
-
total
319
443
-
-
Income
2 050
2 050
2 050
2 050
Total tax
956
1 017
955
908
After tax
1 094
1 033
1 095
1 142
Living cost
347
347
347
347
Free-cash
747
686
748
795

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
€653
€614
€606
€544
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
-
-
-
2 050
surtax
-
-
-
-
health
-
-
-
95
pensions
-
-
-
340
social contributions
-
-
-
58
income
-
-
-
351
other
-
-
-
64
total
-
-
-
908
Employee
635
-
1 574
-
income
55
-
318
-
surtax
-
-
-
-
social contributions
18
-
45
-
pensions
72
-
115
-
total
145
-
478
-
Employer
635
-
1 574
-
pensions
104
-
192
-
social contributions
2
-
5
-
other
22
-
64
-
health
44
-
152
-
unemployment
26
-
64
-
total
198
-
477
-
Corporate
1 217
2 050
-
-
income
341
574
-
-
surtax
-
-
-
-
total
341
574
-
-
Dividends
876
1 476
-
-
withholding
112
189
-
-
social contributions
151
254
-
-
surtax
-
-
-
-
total
263
443
-
-
Income
2 050
2 050
2 050
2 050
Total tax
947
1 017
955
908
After tax
1 103
1 033
1 095
1 142
Living cost
489
489
489
489
Free-cash
614
544
606
653

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
€1965
€1871
€1575
€1883
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%.

-
-
-
2 050
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
-
2 050
-
income
16
-
410
-
total
16
-
410
-
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%.

1 969
2 050
-
-
total
-
-
-
-
Dividends
1 969
2 050
-
-
withholding
98
102
-
-
total
98
102
-
-
Income
2 050
2 050
2 050
2 050
Total tax
114
102
410
20
After tax
1 936
1 948
1 640
2 030
Living cost
65
65
65
65
Free-cash
1 871
1 883
1 575
1 965

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
€1929
€1828
€1539
€1847
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%.

-
-
-
2 050
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
126
-
2 050
-
income
25
-
410
-
total
25
-
410
-
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%.

1 924
2 050
-
-
total
-
-
-
-
Dividends
1 924
2 050
-
-
withholding
96
102
-
-
total
96
102
-
-
Income
2 050
2 050
2 050
2 050
Total tax
121
102
410
20
After tax
1 929
1 948
1 640
2 030
Living cost
101
101
101
101
Free-cash
1 828
1 847
1 539
1 929

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
€664
€796
€891
€663
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.

-
-
-
2 050
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.

-
-
-
36
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.

-
-
-
663
trade
-
-
-
227
total
-
-
-
995
Employee

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

504
-
2 050
-
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
-
663
-
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
-
36
-
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
-
768
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 546
2 050
-
-
trade
222
294
-
-
income
232
308
-
-
chamber of commerce
4
5
-
-
surtax

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

13
17
-
-
total
471
624
-
-
Dividends
1 076
1 427
-
-
withholding
265
353
-
-
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
280
372
-
-
Income
2 050
2 050
2 050
2 050
Total tax
863
996
768
995
After tax
1 187
1 054
1 282
1 055
Living cost
391
391
391
391
Free-cash
796
663
891
664

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
€726
€838
€975
€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

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

-
-
-
2 050
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.

-
-
-
36
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.

-
-
-
663
trade
-
-
-
249
total
-
-
-
1 017
Employee

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

388
-
2 050
-
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
-
663
-
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
-
36
-
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
-
768
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 662
2 050
-
-
trade
262
323
-
-
income
249
308
-
-
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.

14
17
-
-
total
529
652
-
-
Dividends
1 134
1 398
-
-
withholding
280
346
-
-
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
295
365
-
-
Income
2 050
2 050
2 050
2 050
Total tax
905
1 017
768
1 017
After tax
1 145
1 033
1 282
1 033
Living cost
307
307
307
307
Free-cash
838
726
975
726

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
€624
€768
€884
€625
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.

-
-
-
2 050
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.

-
-
-
36
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.

-
-
-
663
trade
-
-
-
260
total
-
-
-
1 028
Employee

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

514
-
2 050
-
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
-
663
-
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
-
36
-
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
-
768
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 536
2 050
-
-
trade
253
337
-
-
income
230
308
-
-
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
17
-
-
total
500
666
-
-
Dividends
1 037
1 384
-
-
withholding
255
342
-
-
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
269
361
-
-
Income
2 050
2 050
2 050
2 050
Total tax
884
1 027
768
1 028
After tax
1 166
1 023
1 282
1 022
Living cost
398
398
398
398
Free-cash
768
625
884
624

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
€547
€712
€818
€547
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.

-
-
-
2 050
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.

-
-
-
36
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.

-
-
-
663
trade
-
-
-
271
total
-
-
-
1 039
Employee

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

609
-
2 050
-
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
-
663
-
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
-
36
-
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
-
768
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 441
2 050
-
-
trade
247
352
-
-
income
216
308
-
-
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
17
-
-
total
479
681
-
-
Dividends
962
1 370
-
-
withholding
237
339
-
-
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
19
-
-
total
250
358
-
-
Income
2 050
2 050
2 050
2 050
Total tax
874
1 039
768
1 039
After tax
1 176
1 011
1 282
1 011
Living cost
464
464
464
464
Free-cash
712
547
818
547

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
€740
€1027
€677
€1061
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
-
-
-
2 050
surtax
-
-
-
100
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
614
other
-
-
-
-
total
-
-
-
1 082
Employee
341
-
1 765
-
unemployment
24
-
94
-
other
-
-
-
-
income
57
-
554
-
surtax
1
-
88
-
pensions
23
-
90
-
health
9
-
34
-
total
114
-
860
-
Employer
341
-
1 765
-
pensions
46
-
180
-
other
-
-
-
-
health
16
-
62
-
unemployment
11
-
43
-
total
73
-
285
-
Corporate
1 637
2 050
-
-
income
426
533
-
-
total
426
533
-
-
Dividends
1 211
1 517
-
-
withholding
182
228
-
-
total
182
228
-
-
Income
2 050
2 050
2 050
2 050
Total tax
795
761
1 145
1 082
After tax
1 255
1 289
905
968
Living cost
228
228
228
228
Free-cash
1 027
1 061
677
740

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
€744
€1033
€681
€1065
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
-
-
-
2 050
surtax
-
-
-
100
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
614
other
-
-
-
-
total
-
-
-
1 082
Employee
335
-
1 765
-
unemployment
23
-
94
-
other
-
-
-
-
income
56
-
554
-
surtax
1
-
88
-
pensions
22
-
90
-
health
9
-
34
-
total
111
-
860
-
Employer
335
-
1 765
-
pensions
45
-
180
-
other
-
-
-
-
health
15
-
62
-
unemployment
11
-
43
-
total
71
-
285
-
Corporate
1 644
2 050
-
-
income
428
533
-
-
total
428
533
-
-
Dividends
1 217
1 517
-
-
withholding
183
228
-
-
total
183
228
-
-
Income
2 050
2 050
2 050
2 050
Total tax
793
761
1 145
1 082
After tax
1 257
1 289
905
968
Living cost
224
224
224
224
Free-cash
1 033
1 065
681
744

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
€1217
€954
€984
€948
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
-
-
-
2 050
unemployment
-
-
-
31
health
-
-
-
143
pensions
-
-
-
205
income
-
-
-
251
total
-
-
-
630
Employee

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

The minimum wage is 138,000 HUF per month.

293
116
1 715
-
unemployment
4
2
26
-
income
36
14
210
-
pensions
29
12
172
-
health
20
8
120
-
total
89
36
528
-
Employer

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

The minimum wage is 138,000 HUF per month.

293
116
1 715
-
pensions
57
23
335
-
total
57
23
335
-
Corporate
1 700
1 911
-
-
income
153
172
-
-
total
153
172
-
-
Dividends
1 547
1 739
-
-
withholding
294
330
-
-
social contributions
300
338
-
-
total
594
668
-
-
Income
2 050
2 050
2 050
2 050
Total tax
893
899
863
630
After tax
1 157
1 151
1 187
1 420
Living cost
203
203
203
203
Free-cash
954
948
984
1 217

Estimated living cost  is €203 per week

€138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€44
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
€688
€783
€698
€790
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
-
-
-
2 050
national
-
-
-
378
pensions
-
-
-
246
social contributions
-
-
-
22
municipal
-
-
-
227
total
-
-
-
873
Employee
759
-
1 772
-
municipal
94
-
235
-
national
145
-
396
-
pensions
30
-
71
-
total
269
-
702
-
Employer
759
-
1 772
-
pensions
61
-
142
-
social contributions
8
-
19
-
total
69
-
161
-
Corporate
1 172
2 050
-
-
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%.

234
410
-
-
total
234
410
-
-
Dividends
938
1 640
-
-
withholding
206
361
-
-
total
206
361
-
-
Income
2 050
2 050
2 050
2 050
Total tax
778
771
863
873
After tax
1 272
1 279
1 187
1 177
Living cost
489
489
489
489
Free-cash
783
790
698
688

Estimated living cost  is €489 per week

€333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€45
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Dublin , Ireland
€473
€880
€473
€858
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
-
-
-
2 050
social contributions
-
-
-
348
income
-
-
-
652
total
-
-
-
1 000
Employee
793
-
2 050
-
social contributions
66
-
348
-
income
150
-
652
-
total
216
-
1 000
-
Employer
793
-
2 050
-
total
-
-
-
-
Corporate
1 257
2 050
-
-
income
157
256
-
-
total
157
256
-
-
Dividends
1 100
1 794
-
-
withholding
220
359
-
-
total
220
359
-
-
Income
2 050
2 050
2 050
2 050
Total tax
593
615
1 000
1 000
After tax
1 457
1 435
1 050
1 050
Living cost
577
577
577
577
Free-cash
880
858
473
473

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
€546
€613
€459
€666
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 050
national
-
-
-
532
regional
-
-
-
25
social contributions
-
-
-
507
municipal
-
-
-
12
total
-
-
-
1 076
Employee
901
-
2 050
-
municipal
5
-
11
-
national
156
-
465
-
social contributions
304
-
665
-
regional
8
-
22
-
total
473
-
1 163
-
Employer
901
-
2 050
-
total
-
-
-
-
Corporate
1 149
2 050
-
-
nationa
276
492
-
-
municipal
45
80
-
-
total
321
572
-
-
Dividends
829
1 478
-
-
withholding
215
384
-
-
total
215
384
-
-
Income
2 050
2 050
2 050
2 050
Total tax
1 009
956
1 163
1 076
After tax
1 041
1 094
887
974
Living cost
428
428
428
428
Free-cash
613
666
459
546

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
€695
€781
€608
€804
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
-
-
-
2 050
national
-
-
-
532
regional
-
-
-
31
social contributions
-
-
-
507
municipal
-
-
-
12
total
-
-
-
1 082
Employee
562
-
2 050
-
municipal
3
-
11
-
national
89
-
465
-
social contributions
190
-
665
-
regional
8
-
28
-
total
290
-
1 169
-
Employer
562
-
2 050
-
total
-
-
-
-
Corporate
1 488
2 050
-
-
nationa
357
492
-
-
municipal
74
102
-
-
total
431
594
-
-
Dividends
1 057
1 456
-
-
withholding
275
379
-
-
total
275
379
-
-
Income
2 050
2 050
2 050
2 050
Total tax
996
973
1 169
1 082
After tax
1 054
1 077
881
968
Living cost
273
273
273
273
Free-cash
781
804
608
695

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.