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
€ 2250
per

Your estimated
City
free-cash

Andorra , Andorra
€1336
€1687
€1395
€1720
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
-
-
-
2 250
social contributions
-
-
-
495
income
-
-
-
114
total
-
-
-
609
Employee
326
-
1 948
-
social contributions
21
-
127
-
income
-
-
121
-
total
21
-
248
-
Employer
326
-
1 948
-
social contributions
50
-
302
-
total
50
-
302
-
Corporate
1 874
2 250
-
-
income
187
225
-
-
total
187
225
-
-
Dividends
1 686
2 025
-
-
total
-
-
-
-
Income
2 250
2 250
2 250
2 250
Total tax
258
225
550
609
After tax
1 992
2 025
1 700
1 641
Living cost
305
305
305
305
Free-cash
1 687
1 720
1 395
1 336

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
€832
€915
€267
€919
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
-
-
-
2 250
surtax
-
-
-
-
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
9
pensions
-
-
-
219
income
-
-
-
714
total
-
-
-
1 095
Employee
443
404
1 860
-
unemployment
13
12
36
-
other
4
4
12
-
income
39
30
599
-
pensions
45
41
121
-
health
17
16
46
-
total
118
103
814
-
Employer
443
404
1 860
-
pensions
56
51
149
-
surtax
-
-
-
-
payroll
13
12
56
-
other
21
19
83
-
health
17
15
45
-
accident
6
5
15
-
unemployment
13
12
36
-
chamber of commerce
2
2
7
-
total
128
116
391
-
Corporate
1 680
1 730
1 821
-
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.

420
432
455
-
total
420
432
455
-
Dividends
1 260
1 297
-
-
withholding
346
357
-
-
total
346
357
-
-
Income
2 250
2 250
2 250
2 250
Total tax
1 012
1 008
1 660
1 095
After tax
1 238
1 242
590
1 155
Living cost
323
323
323
323
Free-cash
915
919
267
832

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
€796
€867
€231
€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
-
-
-
2 250
surtax
-
-
-
2
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
9
pensions
-
-
-
219
income
-
-
-
714
total
-
-
-
1 097
Employee
506
404
1 858
-
unemployment
15
12
36
-
other
5
4
12
-
income
58
30
599
-
pensions
52
41
121
-
health
20
16
46
-
total
150
103
814
-
Employer
506
404
1 858
-
pensions
64
51
149
-
surtax
2
2
2
-
payroll
15
12
56
-
other
24
19
83
-
health
19
15
45
-
accident
7
5
15
-
unemployment
15
12
36
-
chamber of commerce
2
2
7
-
total
148
118
393
-
Corporate
1 596
1 728
1 820
-
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.

399
432
455
-
total
399
432
455
-
Dividends
1 197
1 296
-
-
withholding
329
356
-
-
total
329
356
-
-
Income
2 250
2 250
2 250
2 250
Total tax
1 026
1 009
1 662
1 097
After tax
1 224
1 241
588
1 153
Living cost
357
357
357
357
Free-cash
867
884
231
796

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
€608
€736
€396
€866
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
-
-
-
2 250
national
-
-
-
899
communal

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

-
-
-
120
social contributions
-
-
-
253
total
-
-
-
1 272
Employee

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

725
-
1 743
-
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
-
658
-
communal

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

38
-
91
-
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
-
131
-
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
-
82
-
total
355
-
977
-
Employer

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

725
-
1 743
-
surtax
82
-
198
-
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
-
154
-
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
-
107
-
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
-
23
-
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
-
507
-
Corporate
1 314
2 250
-
-
income
263
479
-
-
surtax
5
10
-
-
total
268
489
-
-
Dividends
1 046
1 761
-
-
withholding

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

310
525
-
-
total
310
525
-
-
Income
2 250
2 250
2 250
2 250
Total tax
1 144
1 014
1 484
1 272
After tax
1 106
1 236
766
978
Living cost
370
370
370
370
Free-cash
736
866
396
608

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
€1645
€1688
€1738
€1750
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
-
-
-
2 250
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
-
-
-
337
total
-
-
-
431
Employee
231
-
2 181
-
accident

We are using the highest rate at 1.1%.

3
-
4
-
income
23
-
218
-
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
-
269
-
Employer
231
-
2 181
-
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
1 974
2 250
-
-
income
197
225
-
-
total
197
225
-
-
Dividends
1 776
2 025
-
-
withholding
89
101
-
-
total
89
101
-
-
Income
2 250
2 250
2 250
2 250
Total tax
388
326
338
431
After tax
1 862
1 924
1 912
1 819
Living cost
174
174
174
174
Free-cash
1 688
1 750
1 738
1 645

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
€1686
€1744
€1779
€1791
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
-
-
-
2 250
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
-
-
-
337
total
-
-
-
431
Employee
176
-
2 181
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
income
18
-
218
-
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
-
269
-
Employer
176
-
2 181
-
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
2 040
2 250
-
-
income
204
225
-
-
total
204
225
-
-
Dividends
1 836
2 025
-
-
withholding
92
101
-
-
total
92
101
-
-
Income
2 250
2 250
2 250
2 250
Total tax
373
326
338
431
After tax
1 877
1 924
1 912
1 819
Living cost
133
133
133
133
Free-cash
1 744
1 791
1 779
1 686

Estimated living cost  is €133 per week

€78
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€9
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€42
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Larnaca , Cyprus
€1280
€1350
€1262
€1405
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
-
-
-
2 250
health
-
-
-
57
social contributions
-
-
-
164
income
-
-
-
514
total
-
-
-
735
Employee
779
779
2 123
-
income
85
72
504
-
social contributions
29
65
87
-
health
6
13
36
-
total
120
150
627
-
Employer
779
779
2 123
-
social contributions
29
65
87
-
health
7
14
39
-
total
36
79
126
-
Corporate
1 859
1 392
-
-
income
232
174
-
-
total
232
174
-
-
Dividends
1 627
1 218
-
-
withholding
277
207
-
-
total
277
207
-
-
Income
2 250
2 250
2 250
2 250
Total tax
665
610
753
735
After tax
1 585
1 640
1 497
1 515
Living cost
235
235
235
235
Free-cash
1 350
1 405
1 262
1 280

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
€1186
€1269
€1168
€1311
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
-
-
-
2 250
health
-
-
-
57
social contributions
-
-
-
164
income
-
-
-
514
total
-
-
-
735
Employee
779
779
2 123
-
income
82
72
504
-
social contributions
38
65
87
-
health
8
13
36
-
total
128
150
627
-
Employer
779
779
2 123
-
social contributions
38
65
87
-
health
8
14
39
-
total
46
79
126
-
Corporate
1 748
1 392
-
-
income
218
174
-
-
total
218
174
-
-
Dividends
1 529
1 218
-
-
withholding
260
207
-
-
total
260
207
-
-
Income
2 250
2 250
2 250
2 250
Total tax
652
610
753
735
After tax
1 598
1 640
1 497
1 515
Living cost
329
329
329
329
Free-cash
1 269
1 311
1 168
1 186

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
€1102
€1233
€1003
€1316
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
-
-
-
2 250
health
-
-
-
304
social contributions
-
-
-
337
income
-
-
-
241
solidarity contribution
-
-
-
32
total
-
-
-
914
Employee
344
-
1 800
-
income
41
-
222
-
social contributions
22
-
75
-
health
46
-
243
-
solidarity contribution
-
-
23
-
total
109
-
563
-
Employer
344
-
1 800
-
social contributions
86
-
288
-
health
31
-
162
-
total
117
-
450
-
Corporate
1 789
2 250
-
-
income
340
427
-
-
total
340
427
-
-
Dividends
1 449
1 823
-
-
withholding
217
273
-
-
total
217
273
-
-
Income
2 250
2 250
2 250
2 250
Total tax
783
700
1 013
914
After tax
1 467
1 550
1 237
1 336
Living cost
234
234
234
234
Free-cash
1 233
1 316
1 003
1 102

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
€1048
€1159
€949
€1262
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
-
-
-
2 250
health
-
-
-
304
social contributions
-
-
-
337
income
-
-
-
241
solidarity contribution
-
-
-
32
total
-
-
-
914
Employee
424
-
1 800
-
income
51
-
222
-
social contributions
28
-
75
-
health
57
-
243
-
solidarity contribution
-
-
23
-
total
136
-
563
-
Employer
424
-
1 800
-
social contributions
106
-
288
-
health
38
-
162
-
total
144
-
450
-
Corporate
1 682
2 250
-
-
income
319
427
-
-
total
319
427
-
-
Dividends
1 362
1 823
-
-
withholding
204
273
-
-
total
204
273
-
-
Income
2 250
2 250
2 250
2 250
Total tax
803
700
1 013
914
After tax
1 447
1 550
1 237
1 336
Living cost
288
288
288
288
Free-cash
1 159
1 262
949
1 048

Estimated living cost  is €288 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
€812
€21
€36
€36
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
-
-
-
2 250
national
-
-
-
279
pensions
-
-
-
9
municipal
-
-
-
482
labour market
-
-
-
179
total
-
-
-
949
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
36
-
-
-
income
8
-
-
-
total
8
-
-
-
Dividends
28
-
-
-
withholding
7
-
-
-
total
7
-
-
-
Income
2 250
2 250
2 250
2 250
Total tax
1 740
1 725
1 725
949
After tax
510
525
525
1 301
Living cost
489
489
489
489
Free-cash
21
36
36
812

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
€961
€1492
€1052
€1555
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
-
-
-
2 250
health
-
-
-
292
pensions
-
-
-
450
income
-
-
-
302
total
-
-
-
1 044
Employee
287
-
1 682
-
unemployment
5
-
27
-
income
32
-
324
-
pensions
6
-
34
-
total
43
-
385
-
Employer
287
-
1 682
-
pensions
58
-
336
-
health
37
-
219
-
unemployment
2
-
13
-
total
97
-
568
-
Corporate
1 865
2 250
-
-
income
373
450
-
-
total
373
450
-
-
Dividends
1 492
1 800
-
-
total
-
-
-
-
Income
2 250
2 250
2 250
2 250
Total tax
513
450
953
1 044
After tax
1 737
1 800
1 297
1 206
Living cost
245
245
245
245
Free-cash
1 492
1 555
1 052
961

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
€995
€1024
€737
€992
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

-
-
-
2 250
national
-
-
-
436
health
-
-
-
30
municipal
-
-
-
400
total
-
-
-
866
Employee
533
-
1 893
-
unemployment
8
-
28
-
municipal
87
-
308
-
national
9
-
278
-
pensions
36
-
128
-
health
4
-
25
-
total
144
-
767
-
Employer
533
-
1 893
-
pensions
92
-
328
-
health
4
-
15
-
accident
1
-
2
-
unemployment
3
-
12
-
total
100
-
357
-
Corporate
1 616
2 250
-
-
income
323
450
-
-
total
323
450
-
-
Dividends

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

970
1 350
-
-
municipal
175
243
-
-
national
95
176
-
-
total
270
419
-
-
Income
2 250
2 250
2 250
2 250
Total tax
837
869
1 124
866
After tax
1 413
1 381
1 126
1 384
Living cost
389
389
389
389
Free-cash
1 024
992
737
995

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
€921
€877
€858
€822
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
-
-
-
2 250
surtax
-
-
-
-
health
-
-
-
110
pensions
-
-
-
357
social contributions
-
-
-
64
income
-
-
-
416
other
-
-
-
70
total
-
-
-
1 017
Employee
387
-
1 718
-
income
20
-
369
-
surtax
-
-
-
-
social contributions
11
-
49
-
pensions
44
-
129
-
total
75
-
547
-
Employer
387
-
1 718
-
pensions
64
-
216
-
social contributions
1
-
5
-
other
13
-
71
-
health
27
-
171
-
unemployment
16
-
70
-
total
121
-
533
-
Corporate
1 742
2 250
-
-
income
488
630
-
-
surtax
-
-
-
-
total
488
630
-
-
Dividends
1 254
1 620
-
-
withholding
161
207
-
-
social contributions
216
279
-
-
surtax
-
-
-
-
total
377
486
-
-
Income
2 250
2 250
2 250
2 250
Total tax
1 061
1 116
1 080
1 017
After tax
1 189
1 134
1 170
1 233
Living cost
312
312
312
312
Free-cash
877
822
858
921

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
€886
€847
€823
€787
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
-
-
-
2 250
surtax
-
-
-
-
health
-
-
-
110
pensions
-
-
-
357
social contributions
-
-
-
64
income
-
-
-
416
other
-
-
-
70
total
-
-
-
1 017
Employee
434
-
1 718
-
income
26
-
369
-
surtax
-
-
-
-
social contributions
12
-
49
-
pensions
49
-
129
-
total
87
-
547
-
Employer
434
-
1 718
-
pensions
71
-
216
-
social contributions
1
-
5
-
other
15
-
71
-
health
30
-
171
-
unemployment
18
-
70
-
total
135
-
533
-
Corporate
1 681
2 250
-
-
income
471
630
-
-
surtax
-
-
-
-
total
471
630
-
-
Dividends
1 210
1 620
-
-
withholding
155
207
-
-
social contributions
208
279
-
-
surtax
-
-
-
-
total
363
486
-
-
Income
2 250
2 250
2 250
2 250
Total tax
1 056
1 116
1 080
1 017
After tax
1 194
1 134
1 170
1 233
Living cost
347
347
347
347
Free-cash
847
787
823
886

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
€744
€715
€681
€645
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
-
-
-
2 250
surtax
-
-
-
-
health
-
-
-
110
pensions
-
-
-
357
social contributions
-
-
-
64
income
-
-
-
416
other
-
-
-
70
total
-
-
-
1 017
Employee
635
-
1 718
-
income
55
-
369
-
surtax
-
-
-
-
social contributions
18
-
49
-
pensions
72
-
129
-
total
145
-
547
-
Employer
635
-
1 718
-
pensions
104
-
216
-
social contributions
2
-
5
-
other
22
-
71
-
health
44
-
171
-
unemployment
26
-
70
-
total
198
-
533
-
Corporate
1 417
2 250
-
-
income
397
630
-
-
surtax
-
-
-
-
total
397
630
-
-
Dividends
1 020
1 620
-
-
withholding
131
207
-
-
social contributions
175
279
-
-
surtax
-
-
-
-
total
306
486
-
-
Income
2 250
2 250
2 250
2 250
Total tax
1 046
1 116
1 080
1 017
After tax
1 204
1 134
1 170
1 233
Living cost
489
489
489
489
Free-cash
715
645
681
744

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
€2163
€2061
€1735
€2072
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%.

-
-
-
2 250
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
82
-
2 250
-
income
16
-
450
-
total
16
-
450
-
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%.

2 168
2 250
-
-
total
-
-
-
-
Dividends
2 168
2 250
-
-
withholding
108
113
-
-
total
108
113
-
-
Income
2 250
2 250
2 250
2 250
Total tax
124
113
450
22
After tax
2 126
2 137
1 800
2 228
Living cost
65
65
65
65
Free-cash
2 061
2 072
1 735
2 163

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
€2126
€2017
€1698
€2035
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%.

-
-
-
2 250
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
-
2 250
-
income
25
-
450
-
total
25
-
450
-
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%.

2 123
2 250
-
-
total
-
-
-
-
Dividends
2 123
2 250
-
-
withholding
106
113
-
-
total
106
113
-
-
Income
2 250
2 250
2 250
2 250
Total tax
131
113
450
22
After tax
2 119
2 137
1 800
2 228
Living cost
102
102
102
102
Free-cash
2 017
2 035
1 698
2 126

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
€747
€900
€1002
€765
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.

-
-
-
2 250
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.

-
-
-
41
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.

-
-
-
747
trade
-
-
-
255
total
-
-
-
1 112
Employee

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

504
-
2 250
-
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
-
747
-
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
-
41
-
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
-
857
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 746
2 250
-
-
trade
251
323
-
-
income
262
338
-
-
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
19
-
-
total
531
685
-
-
Dividends
1 215
1 566
-
-
withholding
300
388
-
-
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
316
409
-
-
Income
2 250
2 250
2 250
2 250
Total tax
959
1 094
857
1 112
After tax
1 291
1 156
1 393
1 138
Living cost
391
391
391
391
Free-cash
900
765
1 002
747

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
€806
€940
€1086
€826
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.

-
-
-
2 250
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.

-
-
-
41
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.

-
-
-
747
trade
-
-
-
280
total
-
-
-
1 137
Employee

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

388
-
2 250
-
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
-
747
-
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
-
41
-
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
-
857
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 862
2 250
-
-
trade
293
354
-
-
income
279
338
-
-
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
19
-
-
total
591
716
-
-
Dividends
1 270
1 535
-
-
withholding
314
380
-
-
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
21
-
-
total
331
401
-
-
Income
2 250
2 250
2 250
2 250
Total tax
1 003
1 117
857
1 137
After tax
1 247
1 133
1 393
1 113
Living cost
307
307
307
307
Free-cash
940
826
1 086
806

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
€702
€868
€995
€723
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.

-
-
-
2 250
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.

-
-
-
41
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.

-
-
-
747
trade
-
-
-
293
total
-
-
-
1 150
Employee

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

514
-
2 250
-
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
-
747
-
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
-
41
-
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
-
857
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 736
2 250
-
-
trade
286
370
-
-
income
260
338
-
-
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
19
-
-
total
564
732
-
-
Dividends
1 172
1 519
-
-
withholding
289
376
-
-
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
305
397
-
-
Income
2 250
2 250
2 250
2 250
Total tax
984
1 129
857
1 150
After tax
1 266
1 121
1 393
1 100
Living cost
398
398
398
398
Free-cash
868
723
995
702

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
€624
€811
€929
€646
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.

-
-
-
2 250
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.

-
-
-
41
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.

-
-
-
747
trade
-
-
-
305
total
-
-
-
1 162
Employee

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

609
-
2 250
-
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
-
747
-
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
-
41
-
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
-
857
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 641
2 250
-
-
trade
281
386
-
-
income
246
338
-
-
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
19
-
-
total
545
748
-
-
Dividends
1 096
1 503
-
-
withholding
270
372
-
-
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
285
392
-
-
Income
2 250
2 250
2 250
2 250
Total tax
975
1 140
857
1 162
After tax
1 275
1 110
1 393
1 088
Living cost
464
464
464
464
Free-cash
811
646
929
624

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
€832
€1153
€769
€1187
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
-
-
-
2 250
surtax
-
-
-
118
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
704
other
-
-
-
-
total
-
-
-
1 190
Employee
341
-
1 965
-
unemployment
24
-
94
-
other
-
-
-
-
income
57
-
644
-
surtax
1
-
106
-
pensions
23
-
90
-
health
9
-
34
-
total
114
-
968
-
Employer
341
-
1 965
-
pensions
46
-
180
-
other
-
-
-
-
health
16
-
62
-
unemployment
11
-
43
-
total
73
-
285
-
Corporate
1 837
2 250
-
-
income
478
585
-
-
total
478
585
-
-
Dividends
1 359
1 665
-
-
withholding
204
250
-
-
total
204
250
-
-
Income
2 250
2 250
2 250
2 250
Total tax
869
835
1 253
1 190
After tax
1 381
1 415
997
1 060
Living cost
228
228
228
228
Free-cash
1 153
1 187
769
832

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
€836
€1159
€773
€1191
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
-
-
-
2 250
surtax
-
-
-
118
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
704
other
-
-
-
-
total
-
-
-
1 190
Employee
335
-
1 965
-
unemployment
23
-
94
-
other
-
-
-
-
income
56
-
644
-
surtax
1
-
106
-
pensions
22
-
90
-
health
9
-
34
-
total
111
-
968
-
Employer
335
-
1 965
-
pensions
45
-
180
-
other
-
-
-
-
health
15
-
62
-
unemployment
11
-
43
-
total
71
-
285
-
Corporate
1 844
2 250
-
-
income
480
585
-
-
total
480
585
-
-
Dividends
1 365
1 665
-
-
withholding
205
250
-
-
total
205
250
-
-
Income
2 250
2 250
2 250
2 250
Total tax
867
835
1 253
1 190
After tax
1 383
1 415
997
1 060
Living cost
224
224
224
224
Free-cash
1 159
1 191
773
836

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
€1357
€1066
€1103
€1061
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 250
unemployment
-
-
-
34
health
-
-
-
157
pensions
-
-
-
225
income
-
-
-
275
total
-
-
-
691
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.

292
116
1 883
-
unemployment
4
2
28
-
income
36
14
230
-
pensions
29
12
188
-
health
20
8
132
-
total
89
36
578
-
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.

292
116
1 883
-
pensions
57
23
367
-
total
57
23
367
-
Corporate
1 901
2 111
-
-
income
171
190
-
-
total
171
190
-
-
Dividends
1 730
1 921
-
-
withholding
329
365
-
-
social contributions
336
373
-
-
total
665
738
-
-
Income
2 250
2 250
2 250
2 250
Total tax
982
987
945
691
After tax
1 268
1 263
1 305
1 559
Living cost
202
202
202
202
Free-cash
1 066
1 061
1 103
1 357

Estimated living cost  is €202 per week

€138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€44
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
€787
€906
€798
€914
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
-
-
-
2 250
national
-
-
-
429
pensions
-
-
-
270
social contributions
-
-
-
24
municipal
-
-
-
250
total
-
-
-
973
Employee
760
-
1 945
-
municipal
94
-
259
-
national
146
-
448
-
pensions
30
-
78
-
total
270
-
785
-
Employer
760
-
1 945
-
pensions
61
-
156
-
social contributions
8
-
21
-
total
69
-
177
-
Corporate
1 371
2 250
-
-
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%.

274
450
-
-
total
274
450
-
-
Dividends
1 096
1 800
-
-
withholding
241
396
-
-
total
241
396
-
-
Income
2 250
2 250
2 250
2 250
Total tax
854
846
962
973
After tax
1 396
1 404
1 288
1 277
Living cost
490
490
490
490
Free-cash
906
914
798
787

Estimated living cost  is €490 per week

€333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€46
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Dublin , Ireland
€555
€1020
€555
€998
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
-
-
-
2 250
social contributions
-
-
-
386
income
-
-
-
732
total
-
-
-
1 118
Employee
793
-
2 250
-
social contributions
66
-
386
-
income
150
-
732
-
total
216
-
1 118
-
Employer
793
-
2 250
-
total
-
-
-
-
Corporate
1 457
2 250
-
-
income
182
281
-
-
total
182
281
-
-
Dividends
1 275
1 969
-
-
withholding
255
394
-
-
total
255
394
-
-
Income
2 250
2 250
2 250
2 250
Total tax
653
675
1 118
1 118
After tax
1 597
1 575
1 132
1 132
Living cost
577
577
577
577
Free-cash
1 020
998
555
555

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
€655
€719
€568
€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
-
-
-
2 250
national
-
-
-
618
regional
-
-
-
28
social contributions
-
-
-
507
municipal
-
-
-
14
total
-
-
-
1 167
Employee
901
-
2 250
-
municipal
5
-
13
-
national
156
-
550
-
social contributions
304
-
665
-
regional
8
-
26
-
total
473
-
1 254
-
Employer
901
-
2 250
-
total
-
-
-
-
Corporate
1 349
2 250
-
-
nationa
324
540
-
-
municipal
53
88
-
-
total
377
628
-
-
Dividends
973
1 622
-
-
withholding
253
422
-
-
total
253
422
-
-
Income
2 250
2 250
2 250
2 250
Total tax
1 103
1 050
1 254
1 167
After tax
1 147
1 200
996
1 083
Living cost
428
428
428
428
Free-cash
719
772
568
655

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
€803
€886
€717
€909
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
-
-
-
2 250
national
-
-
-
618
regional
-
-
-
35
social contributions
-
-
-
507
municipal
-
-
-
14
total
-
-
-
1 174
Employee
562
-
2 250
-
municipal
3
-
13
-
national
89
-
550
-
social contributions
190
-
665
-
regional
8
-
32
-
total
290
-
1 260
-
Employer
562
-
2 250
-
total
-
-
-
-
Corporate
1 688
2 250
-
-
nationa
405
540
-
-
municipal
84
112
-
-
total
489
652
-
-
Dividends
1 199
1 598
-
-
withholding
312
416
-
-
total
312
416
-
-
Income
2 250
2 250
2 250
2 250
Total tax
1 091
1 068
1 260
1 174
After tax
1 159
1 182
990
1 076
Living cost
273
273
273
273
Free-cash
886
909
717
803

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