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
€ 2150
per

Your estimated
City
free-cash

Andorra , Andorra
€1266
€1597
€1323
€1630
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
-
-
-
2 150
social contributions
-
-
-
473
income
-
-
-
106
total
-
-
-
579
Employee
326
-
1 861
-
social contributions
21
-
121
-
income
-
-
112
-
total
21
-
233
-
Employer
326
-
1 861
-
social contributions
50
-
289
-
total
50
-
289
-
Corporate
1 774
2 150
-
-
income
177
215
-
-
total
177
215
-
-
Dividends
1 596
1 935
-
-
total
-
-
-
-
Income
2 150
2 150
2 150
2 150
Total tax
248
215
522
579
After tax
1 902
1 935
1 628
1 571
Living cost
305
305
305
305
Free-cash
1 597
1 630
1 323
1 266

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
€782
€860
€241
€865
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
-
-
-
2 150
surtax
-
-
-
-
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
9
pensions
-
-
-
219
income
-
-
-
664
total
-
-
-
1 045
Employee
443
404
1 767
-
unemployment
13
12
36
-
other
4
4
12
-
income
39
30
555
-
pensions
45
41
121
-
health
17
16
46
-
total
118
103
770
-
Employer
443
404
1 767
-
pensions
56
51
149
-
surtax
-
-
-
-
payroll
13
12
53
-
other
21
19
79
-
health
17
15
45
-
accident
6
5
15
-
unemployment
13
12
36
-
chamber of commerce
2
2
7
-
total
128
116
384
-
Corporate
1 580
1 630
1 728
-
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.

395
407
432
-
total
395
407
432
-
Dividends
1 185
1 222
-
-
withholding
326
336
-
-
total
326
336
-
-
Income
2 150
2 150
2 150
2 150
Total tax
967
962
1 586
1 045
After tax
1 183
1 188
564
1 105
Living cost
323
323
323
323
Free-cash
860
865
241
782

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
€746
€812
€206
€829
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
-
-
-
2 150
surtax
-
-
-
2
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
9
pensions
-
-
-
219
income
-
-
-
664
total
-
-
-
1 047
Employee
506
404
1 765
-
unemployment
15
12
36
-
other
5
4
12
-
income
58
30
554
-
pensions
52
41
121
-
health
20
16
46
-
total
150
103
769
-
Employer
506
404
1 765
-
pensions
64
51
149
-
surtax
2
2
2
-
payroll
15
12
53
-
other
24
19
79
-
health
19
15
45
-
accident
7
5
15
-
unemployment
15
12
36
-
chamber of commerce
2
2
7
-
total
148
118
386
-
Corporate
1 496
1 628
1 726
-
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.

374
407
432
-
total
374
407
432
-
Dividends
1 122
1 221
-
-
withholding
309
336
-
-
total
309
336
-
-
Income
2 150
2 150
2 150
2 150
Total tax
981
964
1 587
1 047
After tax
1 169
1 186
563
1 103
Living cost
357
357
357
357
Free-cash
812
829
206
746

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
€564
€680
€368
€818
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
-
-
-
2 150
national
-
-
-
849
communal

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

-
-
-
114
social contributions
-
-
-
253
total
-
-
-
1 216
Employee

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

725
-
1 665
-
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
-
624
-
communal

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

38
-
87
-
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
-
125
-
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
-
78
-
total
355
-
928
-
Employer

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

725
-
1 665
-
surtax
82
-
189
-
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
-
148
-
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
-
102
-
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
-
22
-
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
-
total
211
-
485
-
Corporate
1 214
2 150
-
-
income
243
450
-
-
surtax
5
9
-
-
total
248
459
-
-
Dividends
966
1 691
-
-
withholding

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

286
503
-
-
total
286
503
-
-
Income
2 150
2 150
2 150
2 150
Total tax
1 100
962
1 413
1 216
After tax
1 050
1 188
737
934
Living cost
370
370
370
370
Free-cash
680
818
368
564

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
€1557
€1602
€1647
€1663
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
-
-
-
2 150
unemployment
-
-
-
1
health
-
-
-
41
pensions

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

-
-
-
53
income
-
-
-
323
total
-
-
-
418
Employee
231
-
2 080
-
accident

We are using the highest rate at 1.1%.

3
-
4
-
income
23
-
208
-
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
-
259
-
Employer
231
-
2 080
-
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
1 873
2 150
-
-
income
187
215
-
-
total
187
215
-
-
Dividends
1 686
1 935
-
-
withholding
84
97
-
-
total
84
97
-
-
Income
2 150
2 150
2 150
2 150
Total tax
373
312
328
418
After tax
1 777
1 838
1 822
1 732
Living cost
175
175
175
175
Free-cash
1 602
1 663
1 647
1 557

Estimated living cost  is €175 per week

€116
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
€1599
€1659
€1689
€1705
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
-
-
-
2 150
unemployment
-
-
-
1
health
-
-
-
41
pensions

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

-
-
-
53
income
-
-
-
323
total
-
-
-
418
Employee
176
-
2 080
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
income
18
-
208
-
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
-
259
-
Employer
176
-
2 080
-
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
1 939
2 150
-
-
income
194
215
-
-
total
194
215
-
-
Dividends
1 745
1 935
-
-
withholding
87
97
-
-
total
87
97
-
-
Income
2 150
2 150
2 150
2 150
Total tax
358
312
328
418
After tax
1 792
1 838
1 822
1 732
Living cost
133
133
133
133
Free-cash
1 659
1 705
1 689
1 599

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.
€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.
€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
€1216
€1277
€1200
€1333
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
-
-
-
2 150
health
-
-
-
55
social contributions
-
-
-
164
income
-
-
-
480
total
-
-
-
699
Employee
779
779
2 025
-
income
85
72
470
-
social contributions
29
65
87
-
health
6
13
34
-
total
120
150
591
-
Employer
779
779
2 025
-
social contributions
29
65
87
-
health
7
14
37
-
total
36
79
124
-
Corporate
1 759
1 292
-
-
income
220
161
-
-
total
220
161
-
-
Dividends
1 539
1 130
-
-
withholding
262
192
-
-
total
262
192
-
-
Income
2 150
2 150
2 150
2 150
Total tax
638
582
715
699
After tax
1 512
1 568
1 435
1 451
Living cost
235
235
235
235
Free-cash
1 277
1 333
1 200
1 216

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
€1122
€1196
€1106
€1239
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
-
-
-
2 150
health
-
-
-
55
social contributions
-
-
-
164
income
-
-
-
480
total
-
-
-
699
Employee
779
779
2 025
-
income
82
72
470
-
social contributions
38
65
87
-
health
8
13
34
-
total
128
150
591
-
Employer
779
779
2 025
-
social contributions
38
65
87
-
health
8
14
37
-
total
46
79
124
-
Corporate
1 648
1 292
-
-
income
206
161
-
-
total
206
161
-
-
Dividends
1 442
1 130
-
-
withholding
245
192
-
-
total
245
192
-
-
Income
2 150
2 150
2 150
2 150
Total tax
625
582
715
699
After tax
1 525
1 568
1 435
1 451
Living cost
329
329
329
329
Free-cash
1 196
1 239
1 106
1 122

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
€1035
€1164
€940
€1247
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
-
-
-
2 150
health
-
-
-
290
social contributions
-
-
-
337
income
-
-
-
228
solidarity contribution
-
-
-
26
total
-
-
-
881
Employee
344
-
1 708
-
income
41
-
210
-
social contributions
22
-
75
-
health
46
-
231
-
solidarity contribution
-
-
17
-
total
109
-
533
-
Employer
344
-
1 708
-
social contributions
86
-
289
-
health
31
-
154
-
total
117
-
443
-
Corporate
1 689
2 150
-
-
income
321
408
-
-
total
321
408
-
-
Dividends
1 368
1 742
-
-
withholding
205
261
-
-
total
205
261
-
-
Income
2 150
2 150
2 150
2 150
Total tax
752
669
976
881
After tax
1 398
1 481
1 174
1 269
Living cost
234
234
234
234
Free-cash
1 164
1 247
940
1 035

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
€980
€1089
€885
€1192
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
-
-
-
2 150
health
-
-
-
290
social contributions
-
-
-
337
income
-
-
-
228
solidarity contribution
-
-
-
26
total
-
-
-
881
Employee
424
-
1 708
-
income
51
-
210
-
social contributions
28
-
75
-
health
57
-
231
-
solidarity contribution
-
-
17
-
total
136
-
533
-
Employer
424
-
1 708
-
social contributions
106
-
289
-
health
38
-
154
-
total
144
-
443
-
Corporate
1 581
2 150
-
-
income
300
408
-
-
total
300
408
-
-
Dividends
1 281
1 742
-
-
withholding
192
261
-
-
total
192
261
-
-
Income
2 150
2 150
2 150
2 150
Total tax
772
669
976
881
After tax
1 378
1 481
1 174
1 269
Living cost
289
289
289
289
Free-cash
1 089
1 192
885
980

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
€757
-€65
-€65
-€65
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
-
-
-
2 150
national
-
-
-
264
pensions
-
-
-
9
municipal
-
-
-
459
labour market
-
-
-
171
total
-
-
-
903
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
2 150
2 150
2 150
2 150
Total tax
1 725
1 725
1 725
903
After tax
425
425
425
1 247
Living cost
490
490
490
490
Free-cash
-65
-65
-65
757

Estimated living cost  is €490 per week

€335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€43
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
€907
€1412
€994
€1475
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
-
-
-
2 150
health
-
-
-
280
pensions
-
-
-
430
income
-
-
-
288
total
-
-
-
998
Employee
287
-
1 607
-
unemployment
5
-
26
-
income
32
-
310
-
pensions
6
-
32
-
total
43
-
368
-
Employer
287
-
1 607
-
pensions
58
-
321
-
health
37
-
209
-
unemployment
2
-
13
-
total
97
-
543
-
Corporate
1 765
2 150
-
-
income
353
430
-
-
total
353
430
-
-
Dividends
1 412
1 720
-
-
total
-
-
-
-
Income
2 150
2 150
2 150
2 150
Total tax
493
430
911
998
After tax
1 657
1 720
1 239
1 152
Living cost
245
245
245
245
Free-cash
1 412
1 475
994
907

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
€944
€968
€698
€936
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

-
-
-
2 150
national
-
-
-
406
health
-
-
-
29
municipal
-
-
-
382
total
-
-
-
817
Employee
533
-
1 809
-
unemployment
8
-
27
-
municipal
87
-
294
-
national
9
-
254
-
pensions
36
-
122
-
health
4
-
24
-
total
144
-
721
-
Employer
533
-
1 809
-
pensions
92
-
314
-
health
4
-
14
-
accident
1
-
2
-
unemployment
3
-
12
-
total
100
-
342
-
Corporate
1 516
2 150
-
-
income
303
430
-
-
total
303
430
-
-
Dividends

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

910
1 290
-
-
municipal
164
232
-
-
national
82
163
-
-
total
246
395
-
-
Income
2 150
2 150
2 150
2 150
Total tax
793
825
1 063
817
After tax
1 357
1 325
1 087
1 333
Living cost
389
389
389
389
Free-cash
968
936
698
944

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
€876
€828
€821
€772
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
-
-
-
2 150
surtax
-
-
-
-
health
-
-
-
102
pensions
-
-
-
349
social contributions
-
-
-
61
income
-
-
-
383
other
-
-
-
67
total
-
-
-
962
Employee
387
-
1 646
-
income
20
-
344
-
surtax
-
-
-
-
social contributions
11
-
47
-
pensions
44
-
122
-
total
75
-
513
-
Employer
387
-
1 646
-
pensions
64
-
204
-
social contributions
1
-
5
-
other
13
-
67
-
health
27
-
161
-
unemployment
16
-
67
-
total
121
-
504
-
Corporate
1 642
2 150
-
-
income
460
602
-
-
surtax
-
-
-
-
total
460
602
-
-
Dividends
1 182
1 548
-
-
withholding
151
198
-
-
social contributions
203
266
-
-
surtax
-
-
-
-
total
354
464
-
-
Income
2 150
2 150
2 150
2 150
Total tax
1 010
1 066
1 017
962
After tax
1 140
1 084
1 133
1 188
Living cost
312
312
312
312
Free-cash
828
772
821
876

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
€841
€796
€786
€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
-
-
-
2 150
surtax
-
-
-
-
health
-
-
-
102
pensions
-
-
-
349
social contributions
-
-
-
61
income
-
-
-
383
other
-
-
-
67
total
-
-
-
962
Employee
434
-
1 646
-
income
26
-
344
-
surtax
-
-
-
-
social contributions
12
-
47
-
pensions
49
-
122
-
total
87
-
513
-
Employer
434
-
1 646
-
pensions
71
-
204
-
social contributions
1
-
5
-
other
15
-
67
-
health
30
-
161
-
unemployment
18
-
67
-
total
135
-
504
-
Corporate
1 581
2 150
-
-
income
443
602
-
-
surtax
-
-
-
-
total
443
602
-
-
Dividends
1 138
1 548
-
-
withholding
146
198
-
-
social contributions
196
266
-
-
surtax
-
-
-
-
total
342
464
-
-
Income
2 150
2 150
2 150
2 150
Total tax
1 007
1 066
1 017
962
After tax
1 143
1 084
1 133
1 188
Living cost
347
347
347
347
Free-cash
796
737
786
841

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
€699
€665
€644
€595
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
-
-
-
2 150
surtax
-
-
-
-
health
-
-
-
102
pensions
-
-
-
349
social contributions
-
-
-
61
income
-
-
-
383
other
-
-
-
67
total
-
-
-
962
Employee
635
-
1 646
-
income
55
-
344
-
surtax
-
-
-
-
social contributions
18
-
47
-
pensions
72
-
122
-
total
145
-
513
-
Employer
635
-
1 646
-
pensions
104
-
204
-
social contributions
2
-
5
-
other
22
-
67
-
health
44
-
161
-
unemployment
26
-
67
-
total
198
-
504
-
Corporate
1 317
2 150
-
-
income
369
602
-
-
surtax
-
-
-
-
total
369
602
-
-
Dividends
948
1 548
-
-
withholding
121
198
-
-
social contributions
163
266
-
-
surtax
-
-
-
-
total
284
464
-
-
Income
2 150
2 150
2 150
2 150
Total tax
996
1 066
1 017
962
After tax
1 154
1 084
1 133
1 188
Living cost
489
489
489
489
Free-cash
665
595
644
699

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
€2064
€1966
€1655
€1978
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%.

-
-
-
2 150
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
82
-
2 150
-
income
16
-
430
-
total
16
-
430
-
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%.

2 068
2 150
-
-
total
-
-
-
-
Dividends
2 068
2 150
-
-
withholding
103
107
-
-
total
103
107
-
-
Income
2 150
2 150
2 150
2 150
Total tax
119
107
430
21
After tax
2 031
2 043
1 720
2 129
Living cost
65
65
65
65
Free-cash
1 966
1 978
1 655
2 064

Estimated living cost  is €65 per week

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

Additional information

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

Tbilisi , Georgia
€2027
€1922
€1618
€1941
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%.

-
-
-
2 150
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
127
-
2 150
-
income
25
-
430
-
total
25
-
430
-
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%.

2 023
2 150
-
-
total
-
-
-
-
Dividends
2 023
2 150
-
-
withholding
101
107
-
-
total
101
107
-
-
Income
2 150
2 150
2 150
2 150
Total tax
126
107
430
21
After tax
2 024
2 043
1 720
2 129
Living cost
102
102
102
102
Free-cash
1 922
1 941
1 618
2 027

Estimated living cost  is €102 per week

€69
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€4
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€25
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
€705
€848
€946
€715
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.

-
-
-
2 150
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.

-
-
-
39
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.

-
-
-
705
trade
-
-
-
241
total
-
-
-
1 054
Employee

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

504
-
2 150
-
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
-
705
-
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
-
39
-
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
-
813
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 646
2 150
-
-
trade
236
309
-
-
income
247
322
-
-
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.

14
18
-
-
total
501
654
-
-
Dividends
1 145
1 497
-
-
withholding
282
370
-
-
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
20
-
-
total
298
390
-
-
Income
2 150
2 150
2 150
2 150
Total tax
911
1 044
813
1 054
After tax
1 239
1 106
1 337
1 096
Living cost
391
391
391
391
Free-cash
848
715
946
705

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
€766
€888
€1030
€776
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.

-
-
-
2 150
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.

-
-
-
39
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.

-
-
-
705
trade
-
-
-
264
total
-
-
-
1 077
Employee

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

388
-
2 150
-
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
-
705
-
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
-
39
-
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
-
813
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 762
2 150
-
-
trade
278
339
-
-
income
264
322
-
-
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.

15
18
-
-
total
561
684
-
-
Dividends
1 202
1 467
-
-
withholding
297
363
-
-
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
20
-
-
total
313
383
-
-
Income
2 150
2 150
2 150
2 150
Total tax
955
1 067
813
1 077
After tax
1 195
1 083
1 337
1 073
Living cost
307
307
307
307
Free-cash
888
776
1 030
766

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
€663
€818
€939
€674
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.

-
-
-
2 150
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.

-
-
-
39
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.

-
-
-
705
trade
-
-
-
276
total
-
-
-
1 089
Employee

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

514
-
2 150
-
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
-
705
-
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
-
39
-
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
-
813
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 636
2 150
-
-
trade
269
354
-
-
income
245
322
-
-
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.

14
18
-
-
total
532
699
-
-
Dividends
1 104
1 452
-
-
withholding
272
359
-
-
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
-
-
total
287
379
-
-
Income
2 150
2 150
2 150
2 150
Total tax
934
1 078
813
1 089
After tax
1 216
1 072
1 337
1 061
Living cost
398
398
398
398
Free-cash
818
674
939
663

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
€585
€762
€873
€597
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.

-
-
-
2 150
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.

-
-
-
39
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.

-
-
-
705
trade
-
-
-
288
total
-
-
-
1 101
Employee

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

609
-
2 150
-
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
-
705
-
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
-
39
-
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
-
813
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 541
2 150
-
-
trade
264
369
-
-
income
231
322
-
-
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
18
-
-
total
512
714
-
-
Dividends
1 029
1 436
-
-
withholding
253
355
-
-
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
20
-
-
total
267
375
-
-
Income
2 150
2 150
2 150
2 150
Total tax
924
1 089
813
1 101
After tax
1 226
1 061
1 337
1 049
Living cost
464
464
464
464
Free-cash
762
597
873
585

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
€786
€1090
€723
€1124
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
-
-
-
2 150
surtax
-
-
-
109
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
659
other
-
-
-
-
total
-
-
-
1 136
Employee
341
-
1 865
-
unemployment
24
-
94
-
other
-
-
-
-
income
57
-
599
-
surtax
1
-
97
-
pensions
23
-
90
-
health
9
-
34
-
total
114
-
914
-
Employer
341
-
1 865
-
pensions
46
-
180
-
other
-
-
-
-
health
16
-
62
-
unemployment
11
-
43
-
total
73
-
285
-
Corporate
1 737
2 150
-
-
income
452
559
-
-
total
452
559
-
-
Dividends
1 285
1 591
-
-
withholding
193
239
-
-
total
193
239
-
-
Income
2 150
2 150
2 150
2 150
Total tax
832
798
1 199
1 136
After tax
1 318
1 352
951
1 014
Living cost
228
228
228
228
Free-cash
1 090
1 124
723
786

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
€790
€1096
€727
€1128
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
-
-
-
2 150
surtax
-
-
-
109
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
659
other
-
-
-
-
total
-
-
-
1 136
Employee
335
-
1 865
-
unemployment
23
-
94
-
other
-
-
-
-
income
56
-
599
-
surtax
1
-
97
-
pensions
22
-
90
-
health
9
-
34
-
total
111
-
914
-
Employer
335
-
1 865
-
pensions
45
-
180
-
other
-
-
-
-
health
15
-
62
-
unemployment
11
-
43
-
total
71
-
285
-
Corporate
1 744
2 150
-
-
income
454
559
-
-
total
454
559
-
-
Dividends
1 291
1 591
-
-
withholding
194
239
-
-
total
194
239
-
-
Income
2 150
2 150
2 150
2 150
Total tax
830
798
1 199
1 136
After tax
1 320
1 352
951
1 014
Living cost
224
224
224
224
Free-cash
1 096
1 128
727
790

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
€1287
€1010
€1043
€1004
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
-
-
-
2 150
unemployment
-
-
-
32
health
-
-
-
150
pensions
-
-
-
215
income
-
-
-
263
total
-
-
-
660
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
117
1 799
-
unemployment
4
2
27
-
income
36
14
220
-
pensions
29
12
180
-
health
20
8
126
-
total
89
36
553
-
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
117
1 799
-
pensions
57
23
351
-
total
57
23
351
-
Corporate
1 800
2 011
-
-
income
162
181
-
-
total
162
181
-
-
Dividends
1 638
1 830
-
-
withholding
311
348
-
-
social contributions
318
355
-
-
total
629
703
-
-
Income
2 150
2 150
2 150
2 150
Total tax
937
943
904
660
After tax
1 213
1 207
1 246
1 490
Living cost
203
203
203
203
Free-cash
1 010
1 004
1 043
1 287

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
€737
€844
€749
€853
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
-
-
-
2 150
national
-
-
-
404
pensions
-
-
-
258
social contributions
-
-
-
23
municipal
-
-
-
239
total
-
-
-
924
Employee
758
-
1 859
-
municipal
94
-
247
-
national
145
-
422
-
pensions
30
-
74
-
total
269
-
743
-
Employer
758
-
1 859
-
pensions
61
-
149
-
social contributions
8
-
20
-
total
69
-
169
-
Corporate
1 273
2 150
-
-
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%.

255
430
-
-
total
255
430
-
-
Dividends
1 019
1 720
-
-
withholding
224
378
-
-
total
224
378
-
-
Income
2 150
2 150
2 150
2 150
Total tax
817
808
912
924
After tax
1 333
1 342
1 238
1 226
Living cost
489
489
489
489
Free-cash
844
853
749
737

Estimated living cost  is €489 per week

€332
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
€514
€949
€514
€928
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
-
-
-
2 150
social contributions
-
-
-
367
income
-
-
-
692
total
-
-
-
1 059
Employee
793
-
2 150
-
social contributions
66
-
367
-
income
150
-
692
-
total
216
-
1 059
-
Employer
793
-
2 150
-
total
-
-
-
-
Corporate
1 357
2 150
-
-
income
170
269
-
-
total
170
269
-
-
Dividends
1 188
1 881
-
-
withholding
238
376
-
-
total
238
376
-
-
Income
2 150
2 150
2 150
2 150
Total tax
624
645
1 059
1 059
After tax
1 526
1 505
1 091
1 091
Living cost
577
577
577
577
Free-cash
949
928
514
514

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
€600
€666
€514
€719
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
-
-
-
2 150
national
-
-
-
575
regional
-
-
-
27
social contributions
-
-
-
507
municipal
-
-
-
13
total
-
-
-
1 122
Employee
901
-
2 150
-
municipal
5
-
12
-
national
156
-
507
-
social contributions
304
-
665
-
regional
8
-
24
-
total
473
-
1 208
-
Employer
901
-
2 150
-
total
-
-
-
-
Corporate
1 249
2 150
-
-
nationa
300
516
-
-
municipal
49
84
-
-
total
349
600
-
-
Dividends
901
1 550
-
-
withholding
234
403
-
-
total
234
403
-
-
Income
2 150
2 150
2 150
2 150
Total tax
1 056
1 003
1 208
1 122
After tax
1 094
1 147
942
1 028
Living cost
428
428
428
428
Free-cash
666
719
514
600

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
€749
€834
€663
€857
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
-
-
-
2 150
national
-
-
-
575
regional
-
-
-
33
social contributions
-
-
-
507
municipal
-
-
-
13
total
-
-
-
1 128
Employee
562
-
2 150
-
municipal
3
-
12
-
national
89
-
507
-
social contributions
190
-
665
-
regional
8
-
30
-
total
290
-
1 214
-
Employer
562
-
2 150
-
total
-
-
-
-
Corporate
1 588
2 150
-
-
nationa
381
516
-
-
municipal
79
107
-
-
total
460
623
-
-
Dividends
1 128
1 527
-
-
withholding
293
397
-
-
total
293
397
-
-
Income
2 150
2 150
2 150
2 150
Total tax
1 043
1 020
1 214
1 128
After tax
1 107
1 130
936
1 022
Living cost
273
273
273
273
Free-cash
834
857
663
749

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.