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
€ 2350
per

Your estimated
City
free-cash

Andorra , Andorra
€1406
€1777
€1469
€1810
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
-
-
-
2 350
social contributions
-
-
-
517
income
-
-
-
122
total
-
-
-
639
Employee
326
-
2 035
-
social contributions
21
-
132
-
income
-
-
129
-
total
21
-
261
-
Employer
326
-
2 035
-
social contributions
50
-
315
-
total
50
-
315
-
Corporate
1 974
2 350
-
-
income
197
235
-
-
total
197
235
-
-
Dividends
1 776
2 115
-
-
total
-
-
-
-
Income
2 350
2 350
2 350
2 350
Total tax
268
235
576
639
After tax
2 082
2 115
1 774
1 711
Living cost
305
305
305
305
Free-cash
1 777
1 810
1 469
1 406

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
€882
€969
€291
€974
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
-
-
-
2 350
surtax
-
-
-
-
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
9
pensions
-
-
-
219
income
-
-
-
764
total
-
-
-
1 145
Employee
443
404
1 953
-
unemployment
13
12
36
-
other
4
4
12
-
income
39
30
644
-
pensions
45
41
121
-
health
17
16
46
-
total
118
103
859
-
Employer
443
404
1 953
-
pensions
56
51
149
-
surtax
-
-
-
-
payroll
13
12
59
-
other
21
19
86
-
health
17
15
45
-
accident
6
5
15
-
unemployment
13
12
36
-
chamber of commerce
2
2
8
-
total
128
116
398
-
Corporate
1 780
1 830
1 915
-
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.

445
457
479
-
total
445
457
479
-
Dividends
1 335
1 372
-
-
withholding
367
377
-
-
total
367
377
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 058
1 053
1 736
1 145
After tax
1 292
1 297
614
1 205
Living cost
323
323
323
323
Free-cash
969
974
291
882

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
€846
€921
€257
€938
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
-
-
-
2 350
surtax
-
-
-
2
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
9
pensions
-
-
-
219
income
-
-
-
764
total
-
-
-
1 147
Employee
506
404
1 951
-
unemployment
15
12
36
-
other
5
4
12
-
income
58
30
643
-
pensions
52
41
121
-
health
20
16
46
-
total
150
103
858
-
Employer
506
404
1 951
-
pensions
64
51
149
-
surtax
2
2
2
-
payroll
15
12
59
-
other
24
19
86
-
health
19
15
45
-
accident
7
5
15
-
unemployment
15
12
36
-
chamber of commerce
2
2
8
-
total
148
118
400
-
Corporate
1 696
1 828
1 913
-
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.

424
457
478
-
total
424
457
478
-
Dividends
1 272
1 371
-
-
withholding
350
377
-
-
total
350
377
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 072
1 055
1 736
1 147
After tax
1 278
1 295
614
1 203
Living cost
357
357
357
357
Free-cash
921
938
257
846

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
€652
€792
€426
€916
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
-
-
-
2 350
national
-
-
-
949
communal

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

-
-
-
126
social contributions
-
-
-
253
total
-
-
-
1 328
Employee

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

725
-
1 820
-
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
-
16
-
national
223
-
691
-
communal

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

38
-
95
-
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
-
137
-
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
-
86
-
total
355
-
1 025
-
Employer

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

725
-
1 820
-
surtax
82
-
206
-
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
-
161
-
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
-
112
-
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
-
24
-
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
-
27
-
total
211
-
530
-
Corporate
1 414
2 350
-
-
income
283
508
-
-
surtax
6
10
-
-
total
289
518
-
-
Dividends
1 126
1 831
-
-
withholding

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

334
546
-
-
total
334
546
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 189
1 064
1 555
1 328
After tax
1 161
1 286
795
1 022
Living cost
370
370
370
370
Free-cash
792
916
426
652

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
€1729
€1774
€1828
€1835
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
-
-
-
2 350
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
-
-
-
353
total
-
-
-
447
Employee
230
-
2 281
-
accident

We are using the highest rate at 1.1%.

3
-
4
-
income
23
-
228
-
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
-
279
-
Employer
230
-
2 281
-
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
2 074
2 350
-
-
income
207
235
-
-
total
207
235
-
-
Dividends
1 867
2 115
-
-
withholding
93
106
-
-
total
93
106
-
-
Income
2 350
2 350
2 350
2 350
Total tax
402
341
348
447
After tax
1 948
2 009
2 002
1 903
Living cost
174
174
174
174
Free-cash
1 774
1 835
1 828
1 729

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
€1770
€1830
€1869
€1876
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
-
-
-
2 350
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
-
-
-
353
total
-
-
-
447
Employee
176
-
2 281
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
income
18
-
228
-
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
-
279
-
Employer
176
-
2 281
-
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
2 140
2 350
-
-
income
214
235
-
-
total
214
235
-
-
Dividends
1 926
2 115
-
-
withholding
96
106
-
-
total
96
106
-
-
Income
2 350
2 350
2 350
2 350
Total tax
387
341
348
447
After tax
1 963
2 009
2 002
1 903
Living cost
133
133
133
133
Free-cash
1 830
1 876
1 869
1 770

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
€1343
€1423
€1324
€1478
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
-
-
-
2 350
health
-
-
-
60
social contributions
-
-
-
164
income
-
-
-
548
total
-
-
-
772
Employee
779
779
2 222
-
income
85
72
538
-
social contributions
29
65
87
-
health
6
13
38
-
total
120
150
663
-
Employer
779
779
2 222
-
social contributions
29
65
87
-
health
7
14
41
-
total
36
79
128
-
Corporate
1 959
1 492
-
-
income
245
186
-
-
total
245
186
-
-
Dividends
1 714
1 305
-
-
withholding
291
222
-
-
total
291
222
-
-
Income
2 350
2 350
2 350
2 350
Total tax
692
637
791
772
After tax
1 658
1 713
1 559
1 578
Living cost
235
235
235
235
Free-cash
1 423
1 478
1 324
1 343

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
€1249
€1341
€1230
€1384
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
-
-
-
2 350
health
-
-
-
60
social contributions
-
-
-
164
income
-
-
-
548
total
-
-
-
772
Employee
779
779
2 222
-
income
82
72
538
-
social contributions
38
65
87
-
health
8
13
38
-
total
128
150
663
-
Employer
779
779
2 222
-
social contributions
38
65
87
-
health
8
14
41
-
total
46
79
128
-
Corporate
1 848
1 492
-
-
income
231
186
-
-
total
231
186
-
-
Dividends
1 617
1 305
-
-
withholding
275
222
-
-
total
275
222
-
-
Income
2 350
2 350
2 350
2 350
Total tax
680
637
791
772
After tax
1 670
1 713
1 559
1 578
Living cost
329
329
329
329
Free-cash
1 341
1 384
1 230
1 249

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
€1170
€1301
€1065
€1384
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
-
-
-
2 350
health
-
-
-
317
social contributions
-
-
-
337
income
-
-
-
254
solidarity contribution
-
-
-
38
total
-
-
-
946
Employee
344
-
1 892
-
income
41
-
234
-
social contributions
22
-
75
-
health
46
-
255
-
solidarity contribution
-
-
29
-
total
109
-
593
-
Employer
344
-
1 892
-
social contributions
86
-
288
-
health
31
-
170
-
total
117
-
458
-
Corporate
1 889
2 350
-
-
income
359
446
-
-
total
359
446
-
-
Dividends
1 530
1 904
-
-
withholding
230
286
-
-
total
230
286
-
-
Income
2 350
2 350
2 350
2 350
Total tax
815
732
1 051
946
After tax
1 535
1 618
1 299
1 404
Living cost
234
234
234
234
Free-cash
1 301
1 384
1 065
1 170

Estimated living cost  is €234 per week

€162
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
€1116
€1226
€1011
€1330
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
-
-
-
2 350
health
-
-
-
317
social contributions
-
-
-
337
income
-
-
-
254
solidarity contribution
-
-
-
38
total
-
-
-
946
Employee
424
-
1 892
-
income
51
-
234
-
social contributions
28
-
75
-
health
57
-
255
-
solidarity contribution
-
-
29
-
total
136
-
593
-
Employer
424
-
1 892
-
social contributions
106
-
288
-
health
38
-
170
-
total
144
-
458
-
Corporate
1 782
2 350
-
-
income
339
446
-
-
total
339
446
-
-
Dividends
1 443
1 904
-
-
withholding
217
286
-
-
total
217
286
-
-
Income
2 350
2 350
2 350
2 350
Total tax
836
732
1 051
946
After tax
1 514
1 618
1 299
1 404
Living cost
288
288
288
288
Free-cash
1 226
1 330
1 011
1 116

Estimated living cost  is €288 per week

€214
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
€864
€77
€135
€135
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
-
-
-
2 350
national
-
-
-
294
pensions
-
-
-
9
municipal
-
-
-
506
labour market
-
-
-
187
total
-
-
-
996
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
135
-
-
-
income
30
-
-
-
total
30
-
-
-
Dividends
106
-
-
-
withholding
28
-
-
-
total
28
-
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 783
1 725
1 725
996
After tax
567
625
625
1 354
Living cost
490
490
490
490
Free-cash
77
135
135
864

Estimated living cost  is €490 per week

€335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€43
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
€1014
€1572
€1110
€1635
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
-
-
-
2 350
health
-
-
-
306
pensions
-
-
-
470
income
-
-
-
315
total
-
-
-
1 091
Employee
287
-
1 756
-
unemployment
5
-
28
-
income
32
-
339
-
pensions
6
-
35
-
total
43
-
402
-
Employer
287
-
1 756
-
pensions
58
-
351
-
health
37
-
228
-
unemployment
2
-
14
-
total
97
-
593
-
Corporate
1 965
2 350
-
-
income
393
470
-
-
total
393
470
-
-
Dividends
1 572
1 880
-
-
total
-
-
-
-
Income
2 350
2 350
2 350
2 350
Total tax
533
470
995
1 091
After tax
1 817
1 880
1 355
1 259
Living cost
245
245
245
245
Free-cash
1 572
1 635
1 110
1 014

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
€1045
€1081
€776
€1048
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
2 350
national
-
-
-
467
health
-
-
-
32
municipal
-
-
-
417
total
-
-
-
916
Employee
533
-
1 977
-
unemployment
8
-
30
-
municipal
87
-
322
-
national
9
-
301
-
pensions
36
-
133
-
health
4
-
26
-
total
144
-
812
-
Employer
533
-
1 977
-
pensions
92
-
343
-
health
4
-
15
-
accident
1
-
2
-
unemployment
3
-
13
-
total
100
-
373
-
Corporate
1 716
2 350
-
-
income
343
470
-
-
total
343
470
-
-
Dividends

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

1 030
1 410
-
-
municipal
185
254
-
-
national
108
189
-
-
total
293
443
-
-
Income
2 350
2 350
2 350
2 350
Total tax
880
913
1 185
916
After tax
1 470
1 437
1 165
1 434
Living cost
389
389
389
389
Free-cash
1 081
1 048
776
1 045

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
€968
€928
€895
€872
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
-
-
-
2 350
surtax
-
-
-
-
health
-
-
-
117
pensions
-
-
-
365
social contributions
-
-
-
67
income
-
-
-
448
other
-
-
-
73
total
-
-
-
1 070
Employee
387
-
1 789
-
income
20
-
395
-
surtax
-
-
-
-
social contributions
11
-
51
-
pensions
44
-
137
-
total
75
-
583
-
Employer
387
-
1 789
-
pensions
64
-
228
-
social contributions
1
-
5
-
other
13
-
75
-
health
27
-
180
-
unemployment
16
-
72
-
total
121
-
560
-
Corporate
1 842
2 350
-
-
income
516
658
-
-
surtax
-
-
-
-
total
516
658
-
-
Dividends
1 326
1 692
-
-
withholding
170
217
-
-
social contributions
228
291
-
-
surtax
-
-
-
-
total
398
508
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 110
1 166
1 143
1 070
After tax
1 240
1 184
1 207
1 280
Living cost
312
312
312
312
Free-cash
928
872
895
968

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
€933
€897
€860
€837
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
-
-
-
2 350
surtax
-
-
-
-
health
-
-
-
117
pensions
-
-
-
365
social contributions
-
-
-
67
income
-
-
-
448
other
-
-
-
73
total
-
-
-
1 070
Employee
434
-
1 789
-
income
26
-
395
-
surtax
-
-
-
-
social contributions
12
-
51
-
pensions
49
-
137
-
total
87
-
583
-
Employer
434
-
1 789
-
pensions
71
-
228
-
social contributions
1
-
5
-
other
15
-
75
-
health
30
-
180
-
unemployment
18
-
72
-
total
135
-
560
-
Corporate
1 781
2 350
-
-
income
499
658
-
-
surtax
-
-
-
-
total
499
658
-
-
Dividends
1 282
1 692
-
-
withholding
164
217
-
-
social contributions
221
291
-
-
surtax
-
-
-
-
total
385
508
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 106
1 166
1 143
1 070
After tax
1 244
1 184
1 207
1 280
Living cost
347
347
347
347
Free-cash
897
837
860
933

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
€791
€765
€718
€695
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
-
-
-
2 350
surtax
-
-
-
-
health
-
-
-
117
pensions
-
-
-
365
social contributions
-
-
-
67
income
-
-
-
448
other
-
-
-
73
total
-
-
-
1 070
Employee
635
-
1 789
-
income
55
-
395
-
surtax
-
-
-
-
social contributions
18
-
51
-
pensions
72
-
137
-
total
145
-
583
-
Employer
635
-
1 789
-
pensions
104
-
228
-
social contributions
2
-
5
-
other
22
-
75
-
health
44
-
180
-
unemployment
26
-
72
-
total
198
-
560
-
Corporate
1 517
2 350
-
-
income
425
658
-
-
surtax
-
-
-
-
total
425
658
-
-
Dividends
1 092
1 692
-
-
withholding
140
217
-
-
social contributions
188
291
-
-
surtax
-
-
-
-
total
328
508
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 096
1 166
1 143
1 070
After tax
1 254
1 184
1 207
1 280
Living cost
489
489
489
489
Free-cash
765
695
718
791

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
€2260
€2155
€1814
€2167
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%.

-
-
-
2 350
microenterprise

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

-
-
-
24
total
-
-
-
24
Employee
82
-
2 350
-
income
16
-
470
-
total
16
-
470
-
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%.

2 268
2 350
-
-
total
-
-
-
-
Dividends
2 268
2 350
-
-
withholding
113
117
-
-
total
113
117
-
-
Income
2 350
2 350
2 350
2 350
Total tax
129
117
470
24
After tax
2 221
2 233
1 880
2 326
Living cost
66
66
66
66
Free-cash
2 155
2 167
1 814
2 260

Estimated living cost  is €66 per week

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

Additional information

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

Tbilisi , Georgia
€2224
€2111
€1778
€2131
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%.

-
-
-
2 350
microenterprise

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

-
-
-
24
total
-
-
-
24
Employee
128
-
2 350
-
income
26
-
470
-
total
26
-
470
-
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%.

2 222
2 350
-
-
total
-
-
-
-
Dividends
2 222
2 350
-
-
withholding
111
117
-
-
total
111
117
-
-
Income
2 350
2 350
2 350
2 350
Total tax
137
117
470
24
After tax
2 213
2 233
1 880
2 326
Living cost
102
102
102
102
Free-cash
2 111
2 131
1 778
2 224

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
€788
€952
€1058
€819
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.

-
-
-
2 350
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.

-
-
-
43
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.

-
-
-
789
trade
-
-
-
270
total
-
-
-
1 171
Employee

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

504
-
2 350
-
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
-
789
-
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
-
43
-
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
-
901
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 846
2 350
-
-
trade
265
337
-
-
income
277
352
-
-
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
561
713
-
-
Dividends
1 285
1 636
-
-
withholding
317
405
-
-
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
22
-
-
total
334
427
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 007
1 140
901
1 171
After tax
1 343
1 210
1 449
1 179
Living cost
391
391
391
391
Free-cash
952
819
1 058
788

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
€846
€990
€1142
€878
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.

-
-
-
2 350
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.

-
-
-
43
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.

-
-
-
789
trade
-
-
-
296
total
-
-
-
1 197
Employee

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

388
-
2 350
-
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
-
789
-
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
-
43
-
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
-
901
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 962
2 350
-
-
trade
309
370
-
-
income
294
352
-
-
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.

16
19
-
-
total
623
746
-
-
Dividends
1 338
1 603
-
-
withholding
331
397
-
-
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.

18
22
-
-
total
349
419
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 053
1 165
901
1 197
After tax
1 297
1 185
1 449
1 153
Living cost
307
307
307
307
Free-cash
990
878
1 142
846

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
€742
€918
€1051
€774
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.

-
-
-
2 350
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.

-
-
-
43
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.

-
-
-
789
trade
-
-
-
309
total
-
-
-
1 210
Employee

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

514
-
2 350
-
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
-
789
-
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
-
43
-
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
-
901
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 836
2 350
-
-
trade
302
387
-
-
income
275
352
-
-
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
596
763
-
-
Dividends
1 239
1 587
-
-
withholding
306
393
-
-
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
22
-
-
total
323
415
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 034
1 178
901
1 210
After tax
1 316
1 172
1 449
1 140
Living cost
398
398
398
398
Free-cash
918
774
1 051
742

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
€663
€860
€985
€697
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.

-
-
-
2 350
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.

-
-
-
43
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.

-
-
-
789
trade
-
-
-
322
total
-
-
-
1 223
Employee

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

609
-
2 350
-
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
-
789
-
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
-
43
-
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
-
901
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 741
2 350
-
-
trade
299
403
-
-
income
261
352
-
-
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
578
779
-
-
Dividends
1 163
1 570
-
-
withholding
287
389
-
-
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
303
410
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 026
1 189
901
1 223
After tax
1 324
1 161
1 449
1 127
Living cost
464
464
464
464
Free-cash
860
697
985
663

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
€878
€1216
€815
€1250
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
-
-
-
2 350
surtax
-
-
-
127
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
749
other
-
-
-
-
total
-
-
-
1 244
Employee
341
-
2 065
-
unemployment
24
-
94
-
other
-
-
-
-
income
57
-
689
-
surtax
1
-
115
-
pensions
23
-
90
-
health
9
-
34
-
total
114
-
1 022
-
Employer
341
-
2 065
-
pensions
46
-
180
-
other
-
-
-
-
health
16
-
62
-
unemployment
11
-
43
-
total
73
-
285
-
Corporate
1 937
2 350
-
-
income
504
611
-
-
total
504
611
-
-
Dividends
1 433
1 739
-
-
withholding
215
261
-
-
total
215
261
-
-
Income
2 350
2 350
2 350
2 350
Total tax
906
872
1 307
1 244
After tax
1 444
1 478
1 043
1 106
Living cost
228
228
228
228
Free-cash
1 216
1 250
815
878

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
€882
€1222
€819
€1254
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
-
-
-
2 350
surtax
-
-
-
127
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
749
other
-
-
-
-
total
-
-
-
1 244
Employee
335
-
2 065
-
unemployment
23
-
94
-
other
-
-
-
-
income
56
-
689
-
surtax
1
-
115
-
pensions
22
-
90
-
health
9
-
34
-
total
111
-
1 022
-
Employer
335
-
2 065
-
pensions
45
-
180
-
other
-
-
-
-
health
15
-
62
-
unemployment
11
-
43
-
total
71
-
285
-
Corporate
1 944
2 350
-
-
income
506
611
-
-
total
506
611
-
-
Dividends
1 439
1 739
-
-
withholding
216
261
-
-
total
216
261
-
-
Income
2 350
2 350
2 350
2 350
Total tax
904
872
1 307
1 244
After tax
1 446
1 478
1 043
1 106
Living cost
224
224
224
224
Free-cash
1 222
1 254
819
882

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
€1428
€1123
€1162
€1118
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
-
-
-
2 350
unemployment
-
-
-
35
health
-
-
-
164
pensions
-
-
-
235
income
-
-
-
287
total
-
-
-
721
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.

290
116
1 967
-
unemployment
4
2
29
-
income
36
14
240
-
pensions
29
12
197
-
health
20
8
138
-
total
89
36
604
-
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.

290
116
1 967
-
pensions
57
23
383
-
total
57
23
383
-
Corporate
2 003
2 212
-
-
income
180
199
-
-
total
180
199
-
-
Dividends
1 823
2 013
-
-
withholding
346
382
-
-
social contributions
354
391
-
-
total
700
773
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 026
1 031
987
721
After tax
1 324
1 319
1 363
1 629
Living cost
201
201
201
201
Free-cash
1 123
1 118
1 162
1 428

Estimated living cost  is €201 per week

€137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€16
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€43
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
€835
€967
€848
€975
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
-
-
-
2 350
national
-
-
-
455
pensions
-
-
-
282
social contributions
-
-
-
25
municipal
-
-
-
262
total
-
-
-
1 024
Employee
761
-
2 032
-
municipal
94
-
271
-
national
146
-
474
-
pensions
30
-
81
-
total
270
-
826
-
Employer
761
-
2 032
-
pensions
61
-
163
-
social contributions
8
-
22
-
total
69
-
185
-
Corporate
1 470
2 350
-
-
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%.

294
470
-
-
total
294
470
-
-
Dividends
1 176
1 880
-
-
withholding
259
414
-
-
total
259
414
-
-
Income
2 350
2 350
2 350
2 350
Total tax
892
884
1 011
1 024
After tax
1 458
1 466
1 339
1 326
Living cost
491
491
491
491
Free-cash
967
975
848
835

Estimated living cost  is €491 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
€596
€1089
€596
€1068
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
-
-
-
2 350
social contributions
-
-
-
405
income
-
-
-
772
total
-
-
-
1 177
Employee
793
-
2 350
-
social contributions
66
-
405
-
income
150
-
772
-
total
216
-
1 177
-
Employer
793
-
2 350
-
total
-
-
-
-
Corporate
1 557
2 350
-
-
income
195
294
-
-
total
195
294
-
-
Dividends
1 363
2 056
-
-
withholding
273
411
-
-
total
273
411
-
-
Income
2 350
2 350
2 350
2 350
Total tax
684
705
1 177
1 177
After tax
1 666
1 645
1 173
1 173
Living cost
577
577
577
577
Free-cash
1 089
1 068
596
596

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
€709
€772
€624
€825
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
-
-
-
2 350
national
-
-
-
661
regional
-
-
-
30
social contributions
-
-
-
507
municipal
-
-
-
15
total
-
-
-
1 213
Employee
901
-
2 350
-
municipal
5
-
13
-
national
156
-
593
-
social contributions
304
-
665
-
regional
8
-
27
-
total
473
-
1 298
-
Employer
901
-
2 350
-
total
-
-
-
-
Corporate
1 449
2 350
-
-
nationa
348
564
-
-
municipal
57
92
-
-
total
405
656
-
-
Dividends
1 045
1 694
-
-
withholding
272
441
-
-
total
272
441
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 150
1 097
1 298
1 213
After tax
1 200
1 253
1 052
1 137
Living cost
428
428
428
428
Free-cash
772
825
624
709

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
€857
€939
€772
€962
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
-
-
-
2 350
national
-
-
-
661
regional
-
-
-
37
social contributions
-
-
-
507
municipal
-
-
-
15
total
-
-
-
1 220
Employee
562
-
2 350
-
municipal
3
-
13
-
national
89
-
593
-
social contributions
190
-
665
-
regional
8
-
34
-
total
290
-
1 305
-
Employer
562
-
2 350
-
total
-
-
-
-
Corporate
1 788
2 350
-
-
nationa
429
564
-
-
municipal
89
117
-
-
total
518
681
-
-
Dividends
1 270
1 669
-
-
withholding
330
434
-
-
total
330
434
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 138
1 115
1 305
1 220
After tax
1 212
1 235
1 045
1 130
Living cost
273
273
273
273
Free-cash
939
962
772
857

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.