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
€ 2200
per

Your estimated
City
free-cash

Andorra , Andorra
€1301
€1642
€1359
€1675
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
-
-
-
2 200
social contributions
-
-
-
484
income
-
-
-
110
total
-
-
-
594
Employee
326
-
1 905
-
social contributions
21
-
124
-
income
-
-
117
-
total
21
-
241
-
Employer
326
-
1 905
-
social contributions
50
-
295
-
total
50
-
295
-
Corporate
1 824
2 200
-
-
income
182
220
-
-
total
182
220
-
-
Dividends
1 641
1 980
-
-
total
-
-
-
-
Income
2 200
2 200
2 200
2 200
Total tax
253
220
536
594
After tax
1 947
1 980
1 664
1 606
Living cost
305
305
305
305
Free-cash
1 642
1 675
1 359
1 301

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
€807
€888
€254
€892
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
-
-
-
2 200
surtax
-
-
-
-
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
9
pensions
-
-
-
219
income
-
-
-
689
total
-
-
-
1 070
Employee
443
404
1 813
-
unemployment
13
12
36
-
other
4
4
12
-
income
39
30
577
-
pensions
45
41
121
-
health
17
16
46
-
total
118
103
792
-
Employer
443
404
1 813
-
pensions
56
51
149
-
surtax
-
-
-
-
payroll
13
12
54
-
other
21
19
81
-
health
17
15
45
-
accident
6
5
15
-
unemployment
13
12
36
-
chamber of commerce
2
2
7
-
total
128
116
387
-
Corporate
1 630
1 680
1 775
-
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.

407
420
444
-
total
407
420
444
-
Dividends
1 222
1 260
-
-
withholding
336
346
-
-
total
336
346
-
-
Income
2 200
2 200
2 200
2 200
Total tax
989
985
1 623
1 070
After tax
1 211
1 215
577
1 130
Living cost
323
323
323
323
Free-cash
888
892
254
807

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
€771
€840
€220
€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
-
-
-
2 200
surtax
-
-
-
2
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
9
pensions
-
-
-
219
income
-
-
-
689
total
-
-
-
1 072
Employee
506
404
1 811
-
unemployment
15
12
36
-
other
5
4
12
-
income
58
30
576
-
pensions
52
41
121
-
health
20
16
46
-
total
150
103
791
-
Employer
506
404
1 811
-
pensions
64
51
149
-
surtax
2
2
2
-
payroll
15
12
54
-
other
24
19
81
-
health
19
15
45
-
accident
7
5
15
-
unemployment
15
12
36
-
chamber of commerce
2
2
7
-
total
148
118
389
-
Corporate
1 546
1 678
1 773
-
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.

386
419
443
-
total
386
419
443
-
Dividends
1 159
1 258
-
-
withholding
319
346
-
-
total
319
346
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 003
986
1 623
1 072
After tax
1 197
1 214
577
1 128
Living cost
357
357
357
357
Free-cash
840
857
220
771

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
€586
€708
€382
€842
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
-
-
-
2 200
national
-
-
-
874
communal

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

-
-
-
117
social contributions
-
-
-
253
total
-
-
-
1 244
Employee

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

725
-
1 704
-
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
-
15
-
national
223
-
641
-
communal

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

38
-
89
-
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
-
128
-
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
-
80
-
total
355
-
953
-
Employer

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

725
-
1 704
-
surtax
82
-
193
-
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
-
151
-
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
-
105
-
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
-
25
-
total
211
-
496
-
Corporate
1 264
2 200
-
-
income
253
465
-
-
surtax
5
9
-
-
total
258
474
-
-
Dividends
1 006
1 726
-
-
withholding

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

298
514
-
-
total
298
514
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 122
988
1 449
1 244
After tax
1 078
1 212
751
956
Living cost
370
370
370
370
Free-cash
708
842
382
586

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
€1602
€1645
€1693
€1707
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
-
-
-
2 200
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
-
-
-
330
total
-
-
-
424
Employee
230
-
2 131
-
accident

We are using the highest rate at 1.1%.

3
-
4
-
income
23
-
213
-
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
-
264
-
Employer
230
-
2 131
-
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
1 924
2 200
-
-
income
192
220
-
-
total
192
220
-
-
Dividends
1 732
1 980
-
-
withholding
87
99
-
-
total
87
99
-
-
Income
2 200
2 200
2 200
2 200
Total tax
381
319
333
424
After tax
1 819
1 881
1 867
1 776
Living cost
174
174
174
174
Free-cash
1 645
1 707
1 693
1 602

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
€1643
€1701
€1734
€1748
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
-
-
-
2 200
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
-
-
-
330
total
-
-
-
424
Employee
176
-
2 131
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
income
18
-
213
-
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
-
264
-
Employer
176
-
2 131
-
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
1 990
2 200
-
-
income
199
220
-
-
total
199
220
-
-
Dividends
1 791
1 980
-
-
withholding
90
99
-
-
total
90
99
-
-
Income
2 200
2 200
2 200
2 200
Total tax
366
319
333
424
After tax
1 834
1 881
1 867
1 776
Living cost
133
133
133
133
Free-cash
1 701
1 748
1 734
1 643

Estimated living cost  is €133 per week

€77
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
€1248
€1314
€1231
€1368
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
-
-
-
2 200
health
-
-
-
56
social contributions
-
-
-
164
income
-
-
-
497
total
-
-
-
717
Employee
779
779
2 074
-
income
85
72
487
-
social contributions
29
65
87
-
health
6
13
35
-
total
120
150
609
-
Employer
779
779
2 074
-
social contributions
29
65
87
-
health
7
14
38
-
total
36
79
125
-
Corporate
1 809
1 342
-
-
income
226
168
-
-
total
226
168
-
-
Dividends
1 583
1 174
-
-
withholding
269
200
-
-
total
269
200
-
-
Income
2 200
2 200
2 200
2 200
Total tax
651
597
734
717
After tax
1 549
1 603
1 466
1 483
Living cost
235
235
235
235
Free-cash
1 314
1 368
1 231
1 248

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
€1154
€1232
€1137
€1274
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
-
-
-
2 200
health
-
-
-
56
social contributions
-
-
-
164
income
-
-
-
497
total
-
-
-
717
Employee
779
779
2 074
-
income
82
72
487
-
social contributions
38
65
87
-
health
8
13
35
-
total
128
150
609
-
Employer
779
779
2 074
-
social contributions
38
65
87
-
health
8
14
38
-
total
46
79
125
-
Corporate
1 698
1 342
-
-
income
212
168
-
-
total
212
168
-
-
Dividends
1 485
1 174
-
-
withholding
253
200
-
-
total
253
200
-
-
Income
2 200
2 200
2 200
2 200
Total tax
639
597
734
717
After tax
1 561
1 603
1 466
1 483
Living cost
329
329
329
329
Free-cash
1 232
1 274
1 137
1 154

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
€1066
€1197
€970
€1280
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
-
-
-
2 200
health
-
-
-
297
social contributions
-
-
-
338
income
-
-
-
235
solidarity contribution
-
-
-
29
total
-
-
-
899
Employee
345
-
1 753
-
income
41
-
216
-
social contributions
22
-
75
-
health
47
-
237
-
solidarity contribution
-
-
20
-
total
110
-
548
-
Employer
345
-
1 753
-
social contributions
86
-
289
-
health
31
-
158
-
total
117
-
447
-
Corporate
1 737
2 200
-
-
income
330
418
-
-
total
330
418
-
-
Dividends
1 407
1 782
-
-
withholding
211
267
-
-
total
211
267
-
-
Income
2 200
2 200
2 200
2 200
Total tax
768
685
995
899
After tax
1 432
1 515
1 205
1 301
Living cost
235
235
235
235
Free-cash
1 197
1 280
970
1 066

Estimated living cost  is €235 per week

€163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€50
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
€1012
€1123
€916
€1226
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
-
-
-
2 200
health
-
-
-
297
social contributions
-
-
-
338
income
-
-
-
235
solidarity contribution
-
-
-
29
total
-
-
-
899
Employee
425
-
1 753
-
income
51
-
216
-
social contributions
28
-
75
-
health
57
-
237
-
solidarity contribution
-
-
20
-
total
136
-
548
-
Employer
425
-
1 753
-
social contributions
106
-
289
-
health
38
-
158
-
total
144
-
447
-
Corporate
1 630
2 200
-
-
income
310
418
-
-
total
310
418
-
-
Dividends
1 320
1 782
-
-
withholding
198
267
-
-
total
198
267
-
-
Income
2 200
2 200
2 200
2 200
Total tax
788
685
995
899
After tax
1 412
1 515
1 205
1 301
Living cost
289
289
289
289
Free-cash
1 123
1 226
916
1 012

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
€785
-€14
-€14
-€14
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
-
-
-
2 200
national
-
-
-
272
pensions
-
-
-
9
municipal
-
-
-
470
labour market
-
-
-
175
total
-
-
-
926
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
2 200
2 200
2 200
2 200
Total tax
1 725
1 725
1 725
926
After tax
475
475
475
1 274
Living cost
489
489
489
489
Free-cash
-14
-14
-14
785

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
€934
€1452
€1023
€1515
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
-
-
-
2 200
health
-
-
-
286
pensions
-
-
-
440
income
-
-
-
295
total
-
-
-
1 021
Employee
287
-
1 644
-
unemployment
5
-
26
-
income
32
-
317
-
pensions
6
-
33
-
total
43
-
376
-
Employer
287
-
1 644
-
pensions
58
-
329
-
health
37
-
214
-
unemployment
2
-
13
-
total
97
-
556
-
Corporate
1 815
2 200
-
-
income
363
440
-
-
total
363
440
-
-
Dividends
1 452
1 760
-
-
total
-
-
-
-
Income
2 200
2 200
2 200
2 200
Total tax
503
440
932
1 021
After tax
1 697
1 760
1 268
1 179
Living cost
245
245
245
245
Free-cash
1 452
1 515
1 023
934

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
€969
€996
€718
€963
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

-
-
-
2 200
national
-
-
-
421
health
-
-
-
30
municipal
-
-
-
391
total
-
-
-
842
Employee
533
-
1 851
-
unemployment
8
-
28
-
municipal
87
-
301
-
national
9
-
266
-
pensions
36
-
125
-
health
4
-
24
-
total
144
-
744
-
Employer
533
-
1 851
-
pensions
92
-
321
-
health
4
-
14
-
accident
1
-
2
-
unemployment
3
-
12
-
total
100
-
349
-
Corporate
1 566
2 200
-
-
income
313
440
-
-
total
313
440
-
-
Dividends

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

940
1 320
-
-
municipal
169
238
-
-
national
89
170
-
-
total
258
408
-
-
Income
2 200
2 200
2 200
2 200
Total tax
815
848
1 093
842
After tax
1 385
1 352
1 107
1 358
Living cost
389
389
389
389
Free-cash
996
963
718
969

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
€898
€852
€839
€797
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
-
-
-
2 200
surtax
-
-
-
-
health
-
-
-
106
pensions
-
-
-
353
social contributions
-
-
-
63
income
-
-
-
400
other
-
-
-
68
total
-
-
-
990
Employee
387
-
1 682
-
income
20
-
357
-
surtax
-
-
-
-
social contributions
11
-
48
-
pensions
44
-
126
-
total
75
-
531
-
Employer
387
-
1 682
-
pensions
64
-
210
-
social contributions
1
-
5
-
other
13
-
69
-
health
27
-
166
-
unemployment
16
-
68
-
total
121
-
518
-
Corporate
1 692
2 200
-
-
income
474
616
-
-
surtax
-
-
-
-
total
474
616
-
-
Dividends
1 218
1 584
-
-
withholding
156
203
-
-
social contributions
210
272
-
-
surtax
-
-
-
-
total
366
475
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 036
1 091
1 049
990
After tax
1 164
1 109
1 151
1 210
Living cost
312
312
312
312
Free-cash
852
797
839
898

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
€863
€822
€804
€762
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
-
-
-
2 200
surtax
-
-
-
-
health
-
-
-
106
pensions
-
-
-
353
social contributions
-
-
-
63
income
-
-
-
400
other
-
-
-
68
total
-
-
-
990
Employee
434
-
1 682
-
income
26
-
357
-
surtax
-
-
-
-
social contributions
12
-
48
-
pensions
49
-
126
-
total
87
-
531
-
Employer
434
-
1 682
-
pensions
71
-
210
-
social contributions
1
-
5
-
other
15
-
69
-
health
30
-
166
-
unemployment
18
-
68
-
total
135
-
518
-
Corporate
1 631
2 200
-
-
income
457
616
-
-
surtax
-
-
-
-
total
457
616
-
-
Dividends
1 174
1 584
-
-
withholding
150
203
-
-
social contributions
202
272
-
-
surtax
-
-
-
-
total
352
475
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 031
1 091
1 049
990
After tax
1 169
1 109
1 151
1 210
Living cost
347
347
347
347
Free-cash
822
762
804
863

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
€721
€690
€662
€620
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
-
-
-
2 200
surtax
-
-
-
-
health
-
-
-
106
pensions
-
-
-
353
social contributions
-
-
-
63
income
-
-
-
400
other
-
-
-
68
total
-
-
-
990
Employee
635
-
1 682
-
income
55
-
357
-
surtax
-
-
-
-
social contributions
18
-
48
-
pensions
72
-
126
-
total
145
-
531
-
Employer
635
-
1 682
-
pensions
104
-
210
-
social contributions
2
-
5
-
other
22
-
69
-
health
44
-
166
-
unemployment
26
-
68
-
total
198
-
518
-
Corporate
1 367
2 200
-
-
income
383
616
-
-
surtax
-
-
-
-
total
383
616
-
-
Dividends
984
1 584
-
-
withholding
126
203
-
-
social contributions
169
272
-
-
surtax
-
-
-
-
total
295
475
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 021
1 091
1 049
990
After tax
1 179
1 109
1 151
1 210
Living cost
489
489
489
489
Free-cash
690
620
662
721

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
€2113
€2013
€1695
€2025
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%.

-
-
-
2 200
microenterprise

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

-
-
-
22
total
-
-
-
22
Employee
81
-
2 200
-
income
16
-
440
-
total
16
-
440
-
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%.

2 119
2 200
-
-
total
-
-
-
-
Dividends
2 119
2 200
-
-
withholding
106
110
-
-
total
106
110
-
-
Income
2 200
2 200
2 200
2 200
Total tax
122
110
440
22
After tax
2 078
2 090
1 760
2 178
Living cost
65
65
65
65
Free-cash
2 013
2 025
1 695
2 113

Estimated living cost  is €65 per week

€40
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€5
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€2
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€18
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Tbilisi , Georgia
€2076
€1969
€1658
€1988
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%.

-
-
-
2 200
microenterprise

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

-
-
-
22
total
-
-
-
22
Employee
127
-
2 200
-
income
25
-
440
-
total
25
-
440
-
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%.

2 073
2 200
-
-
total
-
-
-
-
Dividends
2 073
2 200
-
-
withholding
104
110
-
-
total
104
110
-
-
Income
2 200
2 200
2 200
2 200
Total tax
129
110
440
22
After tax
2 071
2 090
1 760
2 178
Living cost
102
102
102
102
Free-cash
1 969
1 988
1 658
2 076

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
€726
€875
€974
€740
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.

-
-
-
2 200
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.

-
-
-
40
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.

-
-
-
726
trade
-
-
-
248
total
-
-
-
1 083
Employee

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

504
-
2 200
-
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
-
726
-
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
-
40
-
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
-
835
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 696
2 200
-
-
trade
243
316
-
-
income
254
330
-
-
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
515
669
-
-
Dividends
1 180
1 531
-
-
withholding
291
379
-
-
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
21
-
-
total
307
400
-
-
Income
2 200
2 200
2 200
2 200
Total tax
934
1 069
835
1 083
After tax
1 266
1 131
1 365
1 117
Living cost
391
391
391
391
Free-cash
875
740
974
726

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
€786
€914
€1058
€803
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.

-
-
-
2 200
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.

-
-
-
40
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.

-
-
-
726
trade
-
-
-
272
total
-
-
-
1 107
Employee

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

388
-
2 200
-
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
-
726
-
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
-
40
-
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
-
835
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 812
2 200
-
-
trade
285
346
-
-
income
272
330
-
-
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
576
699
-
-
Dividends
1 236
1 501
-
-
withholding
305
371
-
-
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.

17
20
-
-
total
322
391
-
-
Income
2 200
2 200
2 200
2 200
Total tax
979
1 090
835
1 107
After tax
1 221
1 110
1 365
1 093
Living cost
307
307
307
307
Free-cash
914
803
1 058
786

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
€683
€843
€967
€700
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.

-
-
-
2 200
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.

-
-
-
40
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.

-
-
-
726
trade
-
-
-
284
total
-
-
-
1 119
Employee

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

514
-
2 200
-
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
-
726
-
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
-
40
-
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
-
835
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 686
2 200
-
-
trade
277
362
-
-
income
253
330
-
-
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
548
715
-
-
Dividends
1 138
1 485
-
-
withholding
281
367
-
-
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
296
387
-
-
Income
2 200
2 200
2 200
2 200
Total tax
959
1 102
835
1 119
After tax
1 241
1 098
1 365
1 081
Living cost
398
398
398
398
Free-cash
843
700
967
683

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
€605
€786
€901
€622
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.

-
-
-
2 200
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.

-
-
-
40
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.

-
-
-
726
trade
-
-
-
296
total
-
-
-
1 131
Employee

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

609
-
2 200
-
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
-
726
-
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
-
40
-
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
-
835
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 591
2 200
-
-
trade
273
377
-
-
income
239
330
-
-
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
529
730
-
-
Dividends
1 063
1 470
-
-
withholding
262
364
-
-
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
276
384
-
-
Income
2 200
2 200
2 200
2 200
Total tax
950
1 114
835
1 131
After tax
1 250
1 086
1 365
1 069
Living cost
464
464
464
464
Free-cash
786
622
901
605

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
€808
€1122
€746
€1156
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
-
-
-
2 200
surtax
-
-
-
114
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
682
other
-
-
-
-
total
-
-
-
1 164
Employee
341
-
1 915
-
unemployment
24
-
94
-
other
-
-
-
-
income
57
-
621
-
surtax
1
-
102
-
pensions
23
-
90
-
health
9
-
34
-
total
114
-
941
-
Employer
341
-
1 915
-
pensions
46
-
180
-
other
-
-
-
-
health
16
-
62
-
unemployment
11
-
43
-
total
73
-
285
-
Corporate
1 787
2 200
-
-
income
465
572
-
-
total
465
572
-
-
Dividends
1 322
1 628
-
-
withholding
198
244
-
-
total
198
244
-
-
Income
2 200
2 200
2 200
2 200
Total tax
850
816
1 226
1 164
After tax
1 350
1 384
974
1 036
Living cost
228
228
228
228
Free-cash
1 122
1 156
746
808

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
€812
€1128
€750
€1160
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
-
-
-
2 200
surtax
-
-
-
114
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
682
other
-
-
-
-
total
-
-
-
1 164
Employee
335
-
1 915
-
unemployment
23
-
94
-
other
-
-
-
-
income
56
-
621
-
surtax
1
-
102
-
pensions
22
-
90
-
health
9
-
34
-
total
111
-
941
-
Employer
335
-
1 915
-
pensions
45
-
180
-
other
-
-
-
-
health
15
-
62
-
unemployment
11
-
43
-
total
71
-
285
-
Corporate
1 794
2 200
-
-
income
467
572
-
-
total
467
572
-
-
Dividends
1 328
1 628
-
-
withholding
199
244
-
-
total
199
244
-
-
Income
2 200
2 200
2 200
2 200
Total tax
848
816
1 226
1 164
After tax
1 352
1 384
974
1 036
Living cost
224
224
224
224
Free-cash
1 128
1 160
750
812

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
€1321
€1036
€1072
€1033
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
-
-
-
2 200
unemployment
-
-
-
33
health
-
-
-
154
pensions
-
-
-
220
income
-
-
-
269
total
-
-
-
676
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
1 841
-
unemployment
4
2
28
-
income
36
14
225
-
pensions
29
12
184
-
health
21
8
129
-
total
90
36
566
-
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
1 841
-
pensions
57
23
359
-
total
57
23
359
-
Corporate
1 850
2 061
-
-
income
167
185
-
-
total
167
185
-
-
Dividends
1 684
1 875
-
-
withholding
320
356
-
-
social contributions
327
364
-
-
total
647
720
-
-
Income
2 200
2 200
2 200
2 200
Total tax
961
964
925
676
After tax
1 239
1 236
1 275
1 524
Living cost
203
203
203
203
Free-cash
1 036
1 033
1 072
1 321

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
€760
€874
€773
€882
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
-
-
-
2 200
national
-
-
-
416
pensions
-
-
-
264
social contributions
-
-
-
24
municipal
-
-
-
245
total
-
-
-
949
Employee
761
-
1 902
-
municipal
94
-
253
-
national
146
-
435
-
pensions
30
-
76
-
total
270
-
764
-
Employer
761
-
1 902
-
pensions
61
-
152
-
social contributions
8
-
20
-
total
69
-
172
-
Corporate
1 320
2 200
-
-
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%.

264
440
-
-
total
264
440
-
-
Dividends
1 056
1 760
-
-
withholding
232
387
-
-
total
232
387
-
-
Income
2 200
2 200
2 200
2 200
Total tax
835
827
936
949
After tax
1 365
1 373
1 264
1 251
Living cost
491
491
491
491
Free-cash
874
882
773
760

Estimated living cost  is €491 per week

€334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€46
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Dublin , Ireland
€534
€985
€534
€963
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
-
-
-
2 200
social contributions
-
-
-
377
income
-
-
-
712
total
-
-
-
1 089
Employee
793
-
2 200
-
social contributions
66
-
377
-
income
150
-
712
-
total
216
-
1 089
-
Employer
793
-
2 200
-
total
-
-
-
-
Corporate
1 407
2 200
-
-
income
176
275
-
-
total
176
275
-
-
Dividends
1 231
1 925
-
-
withholding
246
385
-
-
total
246
385
-
-
Income
2 200
2 200
2 200
2 200
Total tax
638
660
1 089
1 089
After tax
1 562
1 540
1 111
1 111
Living cost
577
577
577
577
Free-cash
985
963
534
534

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
€627
€692
€541
€746
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
-
-
-
2 200
national
-
-
-
597
regional
-
-
-
27
social contributions
-
-
-
507
municipal
-
-
-
14
total
-
-
-
1 145
Employee
901
-
2 200
-
municipal
5
-
12
-
national
156
-
529
-
social contributions
304
-
665
-
regional
8
-
25
-
total
473
-
1 231
-
Employer
901
-
2 200
-
total
-
-
-
-
Corporate
1 299
2 200
-
-
nationa
312
528
-
-
municipal
51
86
-
-
total
363
614
-
-
Dividends
937
1 586
-
-
withholding
244
412
-
-
total
244
412
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 080
1 026
1 231
1 145
After tax
1 120
1 174
969
1 055
Living cost
428
428
428
428
Free-cash
692
746
541
627

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
€775
€861
€690
€884
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
-
-
-
2 200
national
-
-
-
597
regional
-
-
-
34
social contributions
-
-
-
507
municipal
-
-
-
14
total
-
-
-
1 152
Employee
562
-
2 200
-
municipal
3
-
12
-
national
89
-
529
-
social contributions
190
-
665
-
regional
8
-
31
-
total
290
-
1 237
-
Employer
562
-
2 200
-
total
-
-
-
-
Corporate
1 638
2 200
-
-
nationa
393
528
-
-
municipal
81
109
-
-
total
474
637
-
-
Dividends
1 163
1 563
-
-
withholding
302
406
-
-
total
302
406
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 066
1 043
1 237
1 152
After tax
1 134
1 157
963
1 048
Living cost
273
273
273
273
Free-cash
861
884
690
775

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.