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
€ 2100
per

Your estimated
City
free-cash

Andorra , Andorra
€1585
€1287
€1231
€1552
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
-
-
-
2 100
social contributions
-
-
-
462
income
-
-
-
102
total
-
-
-
564
Employee
326
-
1 818
-
social contributions
21
-
118
-
income
-
-
108
-
total
21
-
226
-
Employer
326
-
1 818
-
social contributions
50
-
282
-
total
50
-
282
-
Corporate
1 724
2 100
-
-
income
172
210
-
-
total
172
210
-
-
Dividends
1 551
1 890
-
-
total
-
-
-
-
Income
2 100
2 100
2 100
2 100
Total tax
243
210
508
564
After tax
1 857
1 890
1 592
1 536
Living cost
305
305
305
305
Free-cash
1 552
1 585
1 287
1 231

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
€837
€229
€758
€834
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
-
-
-
2 100
chamber of commerce
-
-
-
8
unemployment
-
-
-
62
health
-
-
-
91
pensions
-
-
-
219
income
-
-
-
639
surtax
-
-
-
-
total
-
-
-
1 019
Employee
443
404
1 720
-
health
17
16
46
-
pensions
45
41
121
-
other
4
4
12
-
unemployment
13
12
36
-
income
39
30
532
-
total
118
103
747
-
Employer
443
404
1 720
-
pensions
56
51
149
-
accident
6
5
15
-
unemployment
13
12
36
-
surtax
-
-
-
-
payroll
13
12
52
-
chamber of commerce
2
2
7
-
health
17
15
45
-
other
21
19
77
-
total
128
116
381
-
Corporate
1 530
1 580
1 682
-
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.

382
395
420
-
total
382
395
420
-
Dividends
1 147
1 185
-
-
withholding
315
326
-
-
total
315
326
-
-
Income
2 100
2 100
2 100
2 100
Total tax
943
940
1 548
1 019
After tax
1 157
1 160
552
1 081
Living cost
323
323
323
323
Free-cash
834
837
229
758

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
€803
€194
€722
€786
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
-
-
-
2 100
chamber of commerce
-
-
-
8
unemployment
-
-
-
62
health
-
-
-
91
pensions
-
-
-
219
income
-
-
-
639
surtax
-
-
-
2
total
-
-
-
1 021
Employee
506
404
1 718
-
health
20
16
46
-
pensions
52
41
121
-
other
5
4
12
-
unemployment
15
12
36
-
income
58
30
531
-
total
150
103
746
-
Employer
506
404
1 718
-
pensions
64
51
149
-
accident
7
5
15
-
unemployment
15
12
36
-
surtax
2
2
2
-
payroll
15
12
52
-
chamber of commerce
2
2
7
-
health
19
15
45
-
other
24
19
77
-
total
148
118
383
-
Corporate
1 446
1 578
1 680
-
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.

361
394
420
-
total
361
394
420
-
Dividends
1 084
1 183
-
-
withholding
298
325
-
-
total
298
325
-
-
Income
2 100
2 100
2 100
2 100
Total tax
957
940
1 549
1 021
After tax
1 143
1 160
551
1 079
Living cost
357
357
357
357
Free-cash
786
803
194
722

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
€792
€354
€542
€652
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
-
-
-
2 100
social contributions
-
-
-
253
communal

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

-
-
-
111
national
-
-
-
824
total
-
-
-
1 188
Employee

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

725
-
1 626
-
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
-
76
-
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
-
122
-
communal

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

38
-
85
-
national
223
-
607
-
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
-
total
355
-
904
-
Employer

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

725
-
1 626
-
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
-
24
-
surtax
82
-
184
-
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
-
100
-
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
-
144
-
total
211
-
473
-
Corporate
1 164
2 100
-
-
surtax
5
9
-
-
income
233
436
-
-
total
238
445
-
-
Dividends
927
1 655
-
-
withholding

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

274
493
-
-
total
274
493
-
-
Income
2 100
2 100
2 100
2 100
Total tax
1 078
938
1 377
1 188
After tax
1 022
1 162
723
912
Living cost
370
370
370
370
Free-cash
652
792
354
542

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
€1622
€1603
€1517
€1560
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
-
-
-
2 100
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
-
-
-
315
total
-
-
-
409
Employee
231
-
2 031
-
accident

We are using the highest rate at 1.1%.

3
-
4
-
health
11
-
16
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

20
-
31
-
income
23
-
203
-
total
57
-
254
-
Employer
231
-
2 031
-
accident

We are using the highest rate at 1.1%.

3
-
4
-
unemployment
1
-
2
-
health
16
-
24
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

25
-
39
-
total
45
-
69
-
Corporate
1 824
2 100
-
-
income
182
210
-
-
total
182
210
-
-
Dividends
1 642
1 890
-
-
withholding
82
94
-
-
total
82
94
-
-
Income
2 100
2 100
2 100
2 100
Total tax
366
304
323
409
After tax
1 734
1 796
1 777
1 691
Living cost
174
174
174
174
Free-cash
1 560
1 622
1 603
1 517

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
€1663
€1644
€1558
€1616
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
-
-
-
2 100
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
-
-
-
315
total
-
-
-
409
Employee
176
-
2 031
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
health
8
-
16
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

15
-
31
-
income
18
-
203
-
total
43
-
254
-
Employer
176
-
2 031
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
unemployment
1
-
2
-
health
12
-
24
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

19
-
39
-
total
34
-
69
-
Corporate
1 890
2 100
-
-
income
189
210
-
-
total
189
210
-
-
Dividends
1 701
1 890
-
-
withholding
85
94
-
-
total
85
94
-
-
Income
2 100
2 100
2 100
2 100
Total tax
351
304
323
409
After tax
1 749
1 796
1 777
1 691
Living cost
133
133
133
133
Free-cash
1 616
1 663
1 644
1 558

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
€1296
€1167
€1184
€1241
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
-
-
-
2 100
social contributions
-
-
-
164
health
-
-
-
54
income
-
-
-
463
total
-
-
-
681
Employee
779
779
1 976
-
health
6
13
34
-
social contributions
29
65
87
-
income
85
72
453
-
total
120
150
574
-
Employer
779
779
1 976
-
social contributions
29
65
87
-
health
7
14
37
-
total
36
79
124
-
Corporate
1 709
1 242
-
-
income
214
155
-
-
total
214
155
-
-
Dividends
1 495
1 086
-
-
withholding
254
185
-
-
total
254
185
-
-
Income
2 100
2 100
2 100
2 100
Total tax
624
569
698
681
After tax
1 476
1 531
1 402
1 419
Living cost
235
235
235
235
Free-cash
1 241
1 296
1 167
1 184

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
€1202
€1073
€1090
€1159
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
-
-
-
2 100
social contributions
-
-
-
164
health
-
-
-
54
income
-
-
-
463
total
-
-
-
681
Employee
779
779
1 976
-
health
8
13
34
-
social contributions
38
65
87
-
income
82
72
453
-
total
128
150
574
-
Employer
779
779
1 976
-
social contributions
38
65
87
-
health
8
14
37
-
total
46
79
124
-
Corporate
1 598
1 242
-
-
income
200
155
-
-
total
200
155
-
-
Dividends
1 398
1 086
-
-
withholding
238
185
-
-
total
238
185
-
-
Income
2 100
2 100
2 100
2 100
Total tax
612
569
698
681
After tax
1 488
1 531
1 402
1 419
Living cost
329
329
329
329
Free-cash
1 159
1 202
1 073
1 090

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
€1208
€903
€994
€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
-
-
-
2 100
social contributions
-
-
-
343
health
-
-
-
283
solidarity contribution
-
-
-
21
income
-
-
-
221
total
-
-
-
868
Employee
350
-
1 657
-
health
47
-
224
-
social contributions
23
-
76
-
solidarity contribution
-
-
13
-
income
42
-
204
-
total
112
-
517
-
Employer
350
-
1 657
-
social contributions
88
-
293
-
health
32
-
149
-
total
120
-
442
-
Corporate
1 631
2 100
-
-
income
310
399
-
-
total
310
399
-
-
Dividends
1 321
1 701
-
-
withholding
198
255
-
-
total
198
255
-
-
Income
2 100
2 100
2 100
2 100
Total tax
740
654
959
868
After tax
1 360
1 446
1 141
1 232
Living cost
238
238
238
238
Free-cash
1 122
1 208
903
994

Estimated living cost  is €238 per week

€165
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.
€51
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
€1153
€848
€939
€1048
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
-
-
-
2 100
social contributions
-
-
-
343
health
-
-
-
283
solidarity contribution
-
-
-
21
income
-
-
-
221
total
-
-
-
868
Employee
432
-
1 657
-
health
58
-
224
-
social contributions
28
-
76
-
solidarity contribution
-
-
13
-
income
52
-
204
-
total
138
-
517
-
Employer
432
-
1 657
-
social contributions
108
-
293
-
health
39
-
149
-
total
147
-
442
-
Corporate
1 522
2 100
-
-
income
289
399
-
-
total
289
399
-
-
Dividends
1 233
1 701
-
-
withholding
185
255
-
-
total
185
255
-
-
Income
2 100
2 100
2 100
2 100
Total tax
759
654
959
868
After tax
1 341
1 446
1 141
1 232
Living cost
293
293
293
293
Free-cash
1 048
1 153
848
939

Estimated living cost  is €293 per week

€218
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.
€54
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
-€114
-€114
€731
-€114
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
-
-
-
2 100
labour market
-
-
-
167
municipal
-
-
-
447
pensions
-
-
-
9
national
-
-
-
257
total
-
-
-
880
Employee
2 066
2 066
2 066
-
municipal
440
440
440
-
pensions
3
3
3
-
national
252
252
252
-
labour market
165
165
165
-
total
860
860
860
-
Employer
2 066
2 066
2 066
-
labour market
165
165
165
-
national
253
253
253
-
municipal
441
441
441
-
pensions
6
6
6
-
total
865
865
865
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 100
2 100
2 100
2 100
Total tax
1 725
1 725
1 725
880
After tax
375
375
375
1 220
Living cost
489
489
489
489
Free-cash
-114
-114
-114
731

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
€1435
€965
€881
€1372
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
-
-
-
2 100
health
-
-
-
273
pensions
-
-
-
420
income
-
-
-
281
total
-
-
-
974
Employee
287
-
1 570
-
pensions
6
-
31
-
unemployment
5
-
25
-
income
32
-
303
-
total
43
-
359
-
Employer
287
-
1 570
-
pensions
58
-
314
-
unemployment
2
-
13
-
health
37
-
204
-
total
97
-
531
-
Corporate
1 715
2 100
-
-
income
343
420
-
-
total
343
420
-
-
Dividends
1 372
1 680
-
-
total
-
-
-
-
Income
2 100
2 100
2 100
2 100
Total tax
483
420
890
974
After tax
1 617
1 680
1 210
1 126
Living cost
245
245
245
245
Free-cash
1 372
1 435
965
881

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
€907
€679
€920
€940
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
2 100
health
-
-
-
28
municipal
-
-
-
373
national
-
-
-
390
total
-
-
-
791
Employee
533
-
1 767
-
health
4
-
23
-
municipal
87
-
288
-
pensions
36
-
119
-
national
9
-
242
-
unemployment
8
-
26
-
total
144
-
698
-
Employer
533
-
1 767
-
accident
1
-
2
-
unemployment
3
-
11
-
health
4
-
14
-
pensions
92
-
307
-
total
100
-
334
-
Corporate
1 466
2 100
-
-
income
293
420
-
-
total
293
420
-
-
Dividends

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

880
1 260
-
-
municipal
158
227
-
-
national
76
157
-
-
total
234
384
-
-
Income
2 100
2 100
2 100
2 100
Total tax
771
804
1 032
791
After tax
1 329
1 296
1 068
1 309
Living cost
389
389
389
389
Free-cash
940
907
679
920

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
€746
€802
€853
€802
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
-
-
-
2 100
social contributions
-
-
-
60
health
-
-
-
99
pensions
-
-
-
344
other
-
-
-
65
income
-
-
-
367
surtax
-
-
-
-
total
-
-
-
935
Employee
387
-
1 610
-
income
20
-
331
-
social contributions
11
-
46
-
pensions
44
-
118
-
surtax
-
-
-
-
total
75
-
495
-
Employer
387
-
1 610
-
pensions
64
-
198
-
social contributions
1
-
5
-
unemployment
16
-
65
-
health
27
-
157
-
other
13
-
66
-
total
121
-
491
-
Corporate
1 592
2 100
-
-
surtax
-
-
-
-
income
446
588
-
-
total
446
588
-
-
Dividends
1 146
1 512
-
-
surtax
-
-
-
-
withholding
147
194
-
-
social contributions
197
260
-
-
total
344
454
-
-
Income
2 100
2 100
2 100
2 100
Total tax
986
1 042
986
935
After tax
1 114
1 058
1 114
1 165
Living cost
312
312
312
312
Free-cash
802
746
802
853

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
€711
€767
€818
€771
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
-
-
-
2 100
social contributions
-
-
-
60
health
-
-
-
99
pensions
-
-
-
344
other
-
-
-
65
income
-
-
-
367
surtax
-
-
-
-
total
-
-
-
935
Employee
434
-
1 610
-
income
26
-
331
-
social contributions
12
-
46
-
pensions
49
-
118
-
surtax
-
-
-
-
total
87
-
495
-
Employer
434
-
1 610
-
pensions
71
-
198
-
social contributions
1
-
5
-
unemployment
18
-
65
-
health
30
-
157
-
other
15
-
66
-
total
135
-
491
-
Corporate
1 531
2 100
-
-
surtax
-
-
-
-
income
429
588
-
-
total
429
588
-
-
Dividends
1 102
1 512
-
-
surtax
-
-
-
-
withholding
141
194
-
-
social contributions
190
260
-
-
total
331
454
-
-
Income
2 100
2 100
2 100
2 100
Total tax
982
1 042
986
935
After tax
1 118
1 058
1 114
1 165
Living cost
347
347
347
347
Free-cash
771
711
767
818

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
€569
€625
€676
€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
-
-
-
2 100
social contributions
-
-
-
60
health
-
-
-
99
pensions
-
-
-
344
other
-
-
-
65
income
-
-
-
367
surtax
-
-
-
-
total
-
-
-
935
Employee
635
-
1 610
-
income
55
-
331
-
social contributions
18
-
46
-
pensions
72
-
118
-
surtax
-
-
-
-
total
145
-
495
-
Employer
635
-
1 610
-
pensions
104
-
198
-
social contributions
2
-
5
-
unemployment
26
-
65
-
health
44
-
157
-
other
22
-
66
-
total
198
-
491
-
Corporate
1 267
2 100
-
-
surtax
-
-
-
-
income
355
588
-
-
total
355
588
-
-
Dividends
912
1 512
-
-
surtax
-
-
-
-
withholding
117
194
-
-
social contributions
157
260
-
-
total
274
454
-
-
Income
2 100
2 100
2 100
2 100
Total tax
972
1 042
986
935
After tax
1 128
1 058
1 114
1 165
Living cost
489
489
489
489
Free-cash
639
569
625
676

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
€1923
€1608
€2007
€1909
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%.

-
-
-
2 100
microenterprise

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

-
-
-
21
total
-
-
-
21
Employee
89
-
2 100
-
income
18
-
420
-
total
18
-
420
-
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%.

2 011
2 100
-
-
total
-
-
-
-
Dividends
2 011
2 100
-
-
withholding
101
105
-
-
total
101
105
-
-
Income
2 100
2 100
2 100
2 100
Total tax
119
105
420
21
After tax
1 981
1 995
1 680
2 079
Living cost
72
72
72
72
Free-cash
1 909
1 923
1 608
2 007

Estimated living cost  is €72 per week

€44
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€6
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.
€19
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
€1883
€1568
€1967
€1862
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%.

-
-
-
2 100
microenterprise

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

-
-
-
21
total
-
-
-
21
Employee
139
-
2 100
-
income
28
-
420
-
total
28
-
420
-
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%.

1 961
2 100
-
-
total
-
-
-
-
Dividends
1 961
2 100
-
-
withholding
98
105
-
-
total
98
105
-
-
Income
2 100
2 100
2 100
2 100
Total tax
126
105
420
21
After tax
1 974
1 995
1 680
2 079
Living cost
112
112
112
112
Free-cash
1 862
1 883
1 568
1 967

Estimated living cost  is €112 per week

€75
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.
€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.
€28
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
€689
€918
€684
€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

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

-
-
-
2 100
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
trade
-
-
-
234
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.

-
-
-
684
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.

-
-
-
38
total
-
-
-
1 025
Employee

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

504
-
2 100
-
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
-
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
-
38
-
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
-
684
-
total
112
-
791
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 596
2 100
-
-
trade
229
301
-
-
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
-
-
chamber of commerce
4
5
-
-
income
239
315
-
-
total
485
638
-
-
Dividends
1 110
1 462
-
-
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
20
-
-
withholding
274
362
-
-
total
289
382
-
-
Income
2 100
2 100
2 100
2 100
Total tax
886
1 020
791
1 025
After tax
1 214
1 080
1 309
1 075
Living cost
391
391
391
391
Free-cash
823
689
918
684

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
€752
€1002
€745
€863
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.

-
-
-
2 100
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
trade
-
-
-
257
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.

-
-
-
684
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.

-
-
-
38
total
-
-
-
1 048
Employee

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

388
-
2 100
-
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
-
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
-
38
-
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
-
684
-
total
81
-
791
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 712
2 100
-
-
trade
270
331
-
-
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
-
-
chamber of commerce
4
5
-
-
income
257
315
-
-
total
545
668
-
-
Dividends
1 168
1 432
-
-
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.

16
19
-
-
withholding
288
354
-
-
total
304
373
-
-
Income
2 100
2 100
2 100
2 100
Total tax
930
1 041
791
1 048
After tax
1 170
1 059
1 309
1 052
Living cost
307
307
307
307
Free-cash
863
752
1 002
745

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
€650
€911
€643
€793
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.

-
-
-
2 100
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
trade
-
-
-
268
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.

-
-
-
684
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.

-
-
-
38
total
-
-
-
1 059
Employee

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

514
-
2 100
-
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
-
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
-
38
-
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
-
684
-
total
115
-
791
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 586
2 100
-
-
trade
261
345
-
-
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
-
-
chamber of commerce
4
5
-
-
income
238
315
-
-
total
516
682
-
-
Dividends
1 070
1 418
-
-
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
-
-
withholding
264
351
-
-
total
278
370
-
-
Income
2 100
2 100
2 100
2 100
Total tax
909
1 052
791
1 059
After tax
1 191
1 048
1 309
1 041
Living cost
398
398
398
398
Free-cash
793
650
911
643

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
€574
€845
€566
€737
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.

-
-
-
2 100
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
trade
-
-
-
279
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.

-
-
-
684
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.

-
-
-
38
total
-
-
-
1 070
Employee

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

609
-
2 100
-
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
-
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
-
38
-
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
-
684
-
total
145
-
791
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 491
2 100
-
-
trade
256
360
-
-
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
-
-
chamber of commerce
4
4
-
-
income
224
315
-
-
total
496
696
-
-
Dividends
996
1 403
-
-
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
-
-
withholding
245
347
-
-
total
258
366
-
-
Income
2 100
2 100
2 100
2 100
Total tax
899
1 062
791
1 070
After tax
1 201
1 038
1 309
1 030
Living cost
464
464
464
464
Free-cash
737
574
845
566

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
€1093
€700
€762
€1059
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
-
-
-
2 100
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
other
-
-
-
-
income
-
-
-
637
surtax
-
-
-
105
total
-
-
-
1 110
Employee
341
-
1 815
-
health
9
-
34
-
pensions
23
-
90
-
surtax
1
-
93
-
other
-
-
-
-
unemployment
24
-
94
-
income
57
-
576
-
total
114
-
887
-
Employer
341
-
1 815
-
pensions
46
-
180
-
unemployment
11
-
43
-
health
16
-
62
-
other
-
-
-
-
total
73
-
285
-
Corporate
1 687
2 100
-
-
income
439
546
-
-
total
439
546
-
-
Dividends
1 248
1 554
-
-
withholding
187
233
-
-
total
187
233
-
-
Income
2 100
2 100
2 100
2 100
Total tax
813
779
1 172
1 110
After tax
1 287
1 321
928
990
Living cost
228
228
228
228
Free-cash
1 059
1 093
700
762

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
€1097
€704
€766
€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
-
-
-
2 100
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
other
-
-
-
-
income
-
-
-
637
surtax
-
-
-
105
total
-
-
-
1 110
Employee
335
-
1 815
-
health
9
-
34
-
pensions
22
-
90
-
surtax
1
-
93
-
other
-
-
-
-
unemployment
23
-
94
-
income
56
-
576
-
total
111
-
887
-
Employer
335
-
1 815
-
pensions
45
-
180
-
unemployment
11
-
43
-
health
15
-
62
-
other
-
-
-
-
total
71
-
285
-
Corporate
1 694
2 100
-
-
income
441
546
-
-
total
441
546
-
-
Dividends
1 254
1 554
-
-
withholding
188
233
-
-
total
188
233
-
-
Income
2 100
2 100
2 100
2 100
Total tax
811
779
1 172
1 110
After tax
1 289
1 321
928
990
Living cost
224
224
224
224
Free-cash
1 065
1 097
704
766

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
€980
€1017
€1255
€984
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 100
unemployment
-
-
-
31
health
-
-
-
147
pensions
-
-
-
210
income
-
-
-
257
total
-
-
-
645
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.

288
115
1 757
-
health
20
8
123
-
pensions
29
11
176
-
unemployment
4
2
26
-
income
35
14
215
-
total
88
35
540
-
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.

288
115
1 757
-
pensions
56
22
343
-
total
56
22
343
-
Corporate
1 756
1 963
-
-
income
158
177
-
-
total
158
177
-
-
Dividends
1 598
1 786
-
-
withholding
304
339
-
-
social contributions
310
347
-
-
total
614
686
-
-
Income
2 100
2 100
2 100
2 100
Total tax
916
920
883
645
After tax
1 184
1 180
1 217
1 455
Living cost
200
200
200
200
Free-cash
984
980
1 017
1 255

Estimated living cost  is €200 per week

€136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€16
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€43
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
€798
€708
€697
€789
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
-
-
-
2 100
social contributions
-
-
-
23
municipal
-
-
-
232
pensions
-
-
-
252
national
-
-
-
384
total
-
-
-
891
Employee
794
-
1 815
-
municipal
98
-
240
-
pensions
32
-
73
-
national
152
-
402
-
total
282
-
715
-
Employer
794
-
1 815
-
social contributions
9
-
20
-
pensions
64
-
145
-
total
73
-
165
-
Corporate
1 181
2 100
-
-
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%.

236
420
-
-
total
236
420
-
-
Dividends
945
1 680
-
-
withholding
208
370
-
-
total
208
370
-
-
Income
2 100
2 100
2 100
2 100
Total tax
799
790
880
891
After tax
1 301
1 310
1 220
1 209
Living cost
512
512
512
512
Free-cash
789
798
708
697

Estimated living cost  is €512 per week

€348
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€48
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.
€109
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
€893
€493
€493
€915
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
-
-
-
2 100
social contributions
-
-
-
358
income
-
-
-
672
total
-
-
-
1 030
Employee
793
-
2 100
-
social contributions
66
-
358
-
income
150
-
672
-
total
216
-
1 030
-
Employer
793
-
2 100
-
total
-
-
-
-
Corporate
1 307
2 100
-
-
income
163
262
-
-
total
163
262
-
-
Dividends
1 144
1 838
-
-
withholding
229
368
-
-
total
229
368
-
-
Income
2 100
2 100
2 100
2 100
Total tax
608
630
1 030
1 030
After tax
1 492
1 470
1 070
1 070
Living cost
577
577
577
577
Free-cash
915
893
493
493

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
€692
€487
€572
€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
-
-
-
2 100
regional
-
-
-
26
social contributions
-
-
-
507
municipal
-
-
-
13
national
-
-
-
554
total
-
-
-
1 100
Employee
901
-
2 100
-
regional
8
-
23
-
municipal
5
-
11
-
social contributions
304
-
665
-
national
156
-
486
-
total
473
-
1 185
-
Employer
901
-
2 100
-
total
-
-
-
-
Corporate
1 199
2 100
-
-
nationa
288
504
-
-
municipal
47
82
-
-
total
335
586
-
-
Dividends
865
1 514
-
-
withholding
225
394
-
-
total
225
394
-
-
Income
2 100
2 100
2 100
2 100
Total tax
1 033
980
1 185
1 100
After tax
1 067
1 120
915
1 000
Living cost
428
428
428
428
Free-cash
639
692
487
572

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
€831
€636
€721
€808
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
-
-
-
2 100
regional
-
-
-
32
social contributions
-
-
-
507
municipal
-
-
-
13
national
-
-
-
554
total
-
-
-
1 106
Employee
562
-
2 100
-
regional
8
-
29
-
municipal
3
-
11
-
social contributions
190
-
665
-
national
89
-
486
-
total
290
-
1 191
-
Employer
562
-
2 100
-
total
-
-
-
-
Corporate
1 538
2 100
-
-
nationa
369
504
-
-
municipal
76
104
-
-
total
445
608
-
-
Dividends
1 092
1 492
-
-
withholding
284
388
-
-
total
284
388
-
-
Income
2 100
2 100
2 100
2 100
Total tax
1 019
996
1 191
1 106
After tax
1 081
1 104
909
994
Living cost
273
273
273
273
Free-cash
808
831
636
721

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