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
€ 2450
per

Your estimated
City
free-cash

Andorra , Andorra
€1476
€1867
€1541
€1900
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
-
-
-
2 450
social contributions
-
-
-
539
income
-
-
-
130
total
-
-
-
669
Employee
326
-
2 121
-
social contributions
21
-
138
-
income
-
-
137
-
total
21
-
275
-
Employer
326
-
2 121
-
social contributions
50
-
329
-
total
50
-
329
-
Corporate
2 074
2 450
-
-
income
207
245
-
-
total
207
245
-
-
Dividends
1 866
2 205
-
-
total
-
-
-
-
Income
2 450
2 450
2 450
2 450
Total tax
278
245
604
669
After tax
2 172
2 205
1 846
1 781
Living cost
305
305
305
305
Free-cash
1 867
1 900
1 541
1 476

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
€931
€1023
€315
€1028
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
-
-
-
2 450
surtax
-
-
-
-
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
10
pensions
-
-
-
219
income
-
-
-
814
total
-
-
-
1 196
Employee
443
404
2 046
-
unemployment
13
12
36
-
other
4
4
12
-
income
39
30
691
-
pensions
45
41
121
-
health
17
16
46
-
total
118
103
906
-
Employer
443
404
2 046
-
pensions
56
51
149
-
surtax
-
-
-
-
payroll
13
12
61
-
other
21
19
90
-
health
17
15
45
-
accident
6
5
15
-
unemployment
13
12
36
-
chamber of commerce
2
2
8
-
total
128
116
404
-
Corporate
1 880
1 930
2 008
-
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.

470
482
502
-
total
470
482
502
-
Dividends
1 410
1 447
-
-
withholding
388
398
-
-
total
388
398
-
-
Income
2 450
2 450
2 450
2 450
Total tax
1 104
1 099
1 812
1 196
After tax
1 346
1 351
638
1 254
Living cost
323
323
323
323
Free-cash
1 023
1 028
315
931

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
€895
€976
€280
€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
-
-
-
2 450
surtax
-
-
-
2
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
10
pensions
-
-
-
219
income
-
-
-
814
total
-
-
-
1 198
Employee
506
404
2 044
-
unemployment
15
12
36
-
other
5
4
12
-
income
58
30
690
-
pensions
52
41
121
-
health
20
16
46
-
total
150
103
905
-
Employer
506
404
2 044
-
pensions
64
51
149
-
surtax
2
2
2
-
payroll
15
12
61
-
other
24
19
90
-
health
19
15
45
-
accident
7
5
15
-
unemployment
15
12
36
-
chamber of commerce
2
2
8
-
total
148
118
406
-
Corporate
1 796
1 928
2 006
-
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.

449
482
502
-
total
449
482
502
-
Dividends
1 347
1 446
-
-
withholding
370
398
-
-
total
370
398
-
-
Income
2 450
2 450
2 450
2 450
Total tax
1 117
1 101
1 813
1 198
After tax
1 333
1 349
637
1 252
Living cost
357
357
357
357
Free-cash
976
992
280
895

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
€696
€848
€456
€966
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
-
-
-
2 450
national
-
-
-
999
communal

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

-
-
-
132
social contributions
-
-
-
253
total
-
-
-
1 384
Employee

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

725
-
1 898
-
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
-
725
-
communal

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

38
-
99
-
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
-
142
-
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
-
89
-
total
355
-
1 071
-
Employer

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

725
-
1 898
-
surtax
82
-
215
-
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
-
168
-
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
-
117
-
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
-
25
-
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
-
28
-
total
211
-
553
-
Corporate
1 514
2 450
-
-
income
303
537
-
-
surtax
6
11
-
-
total
309
548
-
-
Dividends
1 205
1 902
-
-
withholding

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

358
567
-
-
total
358
567
-
-
Income
2 450
2 450
2 450
2 450
Total tax
1 233
1 115
1 624
1 384
After tax
1 217
1 335
826
1 066
Living cost
370
370
370
370
Free-cash
848
966
456
696

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
€1815
€1859
€1918
€1921
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
-
-
-
2 450
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
-
-
-
367
total
-
-
-
461
Employee
231
-
2 381
-
accident

We are using the highest rate at 1.1%.

3
-
4
-
income
23
-
238
-
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
-
289
-
Employer
231
-
2 381
-
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
2 174
2 450
-
-
income
217
245
-
-
total
217
245
-
-
Dividends
1 957
2 205
-
-
withholding
98
110
-
-
total
98
110
-
-
Income
2 450
2 450
2 450
2 450
Total tax
417
355
358
461
After tax
2 033
2 095
2 092
1 989
Living cost
174
174
174
174
Free-cash
1 859
1 921
1 918
1 815

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
€1856
€1915
€1959
€1962
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
-
-
-
2 450
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
-
-
-
367
total
-
-
-
461
Employee
176
-
2 381
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
income
18
-
238
-
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
-
289
-
Employer
176
-
2 381
-
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
2 240
2 450
-
-
income
224
245
-
-
total
224
245
-
-
Dividends
2 016
2 205
-
-
withholding
101
110
-
-
total
101
110
-
-
Income
2 450
2 450
2 450
2 450
Total tax
402
355
358
461
After tax
2 048
2 095
2 092
1 989
Living cost
133
133
133
133
Free-cash
1 915
1 962
1 959
1 856

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
€1407
€1496
€1387
€1550
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
-
-
-
2 450
health
-
-
-
62
social contributions
-
-
-
164
income
-
-
-
582
total
-
-
-
808
Employee
779
779
2 320
-
income
85
72
572
-
social contributions
29
65
87
-
health
6
13
39
-
total
120
150
698
-
Employer
779
779
2 320
-
social contributions
29
65
87
-
health
7
14
43
-
total
36
79
130
-
Corporate
2 059
1 592
-
-
income
257
199
-
-
total
257
199
-
-
Dividends
1 802
1 393
-
-
withholding
306
237
-
-
total
306
237
-
-
Income
2 450
2 450
2 450
2 450
Total tax
719
665
828
808
After tax
1 731
1 785
1 622
1 642
Living cost
235
235
235
235
Free-cash
1 496
1 550
1 387
1 407

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
€1313
€1414
€1293
€1456
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
-
-
-
2 450
health
-
-
-
62
social contributions
-
-
-
164
income
-
-
-
582
total
-
-
-
808
Employee
779
779
2 320
-
income
82
72
572
-
social contributions
38
65
87
-
health
8
13
39
-
total
128
150
698
-
Employer
779
779
2 320
-
social contributions
38
65
87
-
health
8
14
43
-
total
46
79
130
-
Corporate
1 948
1 592
-
-
income
243
199
-
-
total
243
199
-
-
Dividends
1 704
1 393
-
-
withholding
290
237
-
-
total
290
237
-
-
Income
2 450
2 450
2 450
2 450
Total tax
707
665
828
808
After tax
1 743
1 785
1 622
1 642
Living cost
329
329
329
329
Free-cash
1 414
1 456
1 293
1 313

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
€1237
€1370
€1127
€1452
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
-
-
-
2 450
health
-
-
-
331
social contributions
-
-
-
337
income
-
-
-
267
solidarity contribution
-
-
-
44
total
-
-
-
979
Employee
344
-
1 983
-
income
41
-
246
-
social contributions
22
-
75
-
health
46
-
268
-
solidarity contribution
-
-
34
-
total
109
-
623
-
Employer
344
-
1 983
-
social contributions
86
-
288
-
health
31
-
178
-
total
117
-
466
-
Corporate
1 989
2 450
-
-
income
378
466
-
-
total
378
466
-
-
Dividends
1 611
1 984
-
-
withholding
242
298
-
-
total
242
298
-
-
Income
2 450
2 450
2 450
2 450
Total tax
846
764
1 089
979
After tax
1 604
1 686
1 361
1 471
Living cost
234
234
234
234
Free-cash
1 370
1 452
1 127
1 237

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
€1183
€1295
€1073
€1398
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
-
-
-
2 450
health
-
-
-
331
social contributions
-
-
-
337
income
-
-
-
267
solidarity contribution
-
-
-
44
total
-
-
-
979
Employee
424
-
1 983
-
income
51
-
246
-
social contributions
28
-
75
-
health
57
-
268
-
solidarity contribution
-
-
34
-
total
136
-
623
-
Employer
424
-
1 983
-
social contributions
106
-
288
-
health
38
-
178
-
total
144
-
466
-
Corporate
1 882
2 450
-
-
income
358
466
-
-
total
358
466
-
-
Dividends
1 524
1 984
-
-
withholding
229
298
-
-
total
229
298
-
-
Income
2 450
2 450
2 450
2 450
Total tax
867
764
1 089
979
After tax
1 583
1 686
1 361
1 471
Living cost
288
288
288
288
Free-cash
1 295
1 398
1 073
1 183

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
€917
€127
€235
€235
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
-
-
-
2 450
national
-
-
-
309
pensions
-
-
-
9
municipal
-
-
-
530
labour market
-
-
-
195
total
-
-
-
1 043
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
235
-
-
-
income
52
-
-
-
total
52
-
-
-
Dividends
184
-
-
-
withholding
56
-
-
-
total
56
-
-
-
Income
2 450
2 450
2 450
2 450
Total tax
1 833
1 725
1 725
1 043
After tax
617
725
725
1 407
Living cost
490
490
490
490
Free-cash
127
235
235
917

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
€1069
€1652
€1167
€1715
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
-
-
-
2 450
health
-
-
-
318
pensions
-
-
-
490
income
-
-
-
328
total
-
-
-
1 136
Employee
287
-
1 831
-
unemployment
5
-
29
-
income
32
-
353
-
pensions
6
-
37
-
total
43
-
419
-
Employer
287
-
1 831
-
pensions
58
-
366
-
health
37
-
238
-
unemployment
2
-
15
-
total
97
-
619
-
Corporate
2 065
2 450
-
-
income
413
490
-
-
total
413
490
-
-
Dividends
1 652
1 960
-
-
total
-
-
-
-
Income
2 450
2 450
2 450
2 450
Total tax
553
490
1 038
1 136
After tax
1 897
1 960
1 412
1 314
Living cost
245
245
245
245
Free-cash
1 652
1 715
1 167
1 069

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
€1094
€1137
€814
€1104
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

-
-
-
2 450
national
-
-
-
498
health
-
-
-
34
municipal
-
-
-
435
total
-
-
-
967
Employee
533
-
2 061
-
unemployment
8
-
31
-
municipal
87
-
335
-
national
9
-
325
-
pensions
36
-
139
-
health
4
-
28
-
total
144
-
858
-
Employer
533
-
2 061
-
pensions
92
-
358
-
health
4
-
16
-
accident
1
-
2
-
unemployment
3
-
13
-
total
100
-
389
-
Corporate
1 816
2 450
-
-
income
363
490
-
-
total
363
490
-
-
Dividends

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

1 090
1 470
-
-
municipal
196
265
-
-
national
121
202
-
-
total
317
467
-
-
Income
2 450
2 450
2 450
2 450
Total tax
924
957
1 247
967
After tax
1 526
1 493
1 203
1 483
Living cost
389
389
389
389
Free-cash
1 137
1 104
814
1 094

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
€1015
€979
€931
€923
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
-
-
-
2 450
surtax
-
-
-
-
health
-
-
-
124
pensions
-
-
-
373
social contributions
-
-
-
70
income
-
-
-
480
other
-
-
-
76
total
-
-
-
1 123
Employee
387
-
1 861
-
income
20
-
421
-
surtax
-
-
-
-
social contributions
11
-
53
-
pensions
44
-
144
-
total
75
-
618
-
Employer
387
-
1 861
-
pensions
64
-
240
-
social contributions
1
-
6
-
other
13
-
79
-
health
27
-
189
-
unemployment
16
-
75
-
total
121
-
589
-
Corporate
1 942
2 450
-
-
income
544
686
-
-
surtax
-
-
-
-
total
544
686
-
-
Dividends
1 398
1 764
-
-
withholding
179
226
-
-
social contributions
240
303
-
-
surtax
-
-
-
-
total
419
529
-
-
Income
2 450
2 450
2 450
2 450
Total tax
1 159
1 215
1 207
1 123
After tax
1 291
1 235
1 243
1 327
Living cost
312
312
312
312
Free-cash
979
923
931
1 015

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
€980
€948
€896
€888
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
-
-
-
2 450
surtax
-
-
-
-
health
-
-
-
124
pensions
-
-
-
373
social contributions
-
-
-
70
income
-
-
-
480
other
-
-
-
76
total
-
-
-
1 123
Employee
434
-
1 861
-
income
26
-
421
-
surtax
-
-
-
-
social contributions
12
-
53
-
pensions
49
-
144
-
total
87
-
618
-
Employer
434
-
1 861
-
pensions
71
-
240
-
social contributions
1
-
6
-
other
15
-
79
-
health
30
-
189
-
unemployment
18
-
75
-
total
135
-
589
-
Corporate
1 881
2 450
-
-
income
527
686
-
-
surtax
-
-
-
-
total
527
686
-
-
Dividends
1 354
1 764
-
-
withholding
173
226
-
-
social contributions
233
303
-
-
surtax
-
-
-
-
total
406
529
-
-
Income
2 450
2 450
2 450
2 450
Total tax
1 155
1 215
1 207
1 123
After tax
1 295
1 235
1 243
1 327
Living cost
347
347
347
347
Free-cash
948
888
896
980

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
€838
€816
€754
€746
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 450
surtax
-
-
-
-
health
-
-
-
124
pensions
-
-
-
373
social contributions
-
-
-
70
income
-
-
-
480
other
-
-
-
76
total
-
-
-
1 123
Employee
635
-
1 861
-
income
55
-
421
-
surtax
-
-
-
-
social contributions
18
-
53
-
pensions
72
-
144
-
total
145
-
618
-
Employer
635
-
1 861
-
pensions
104
-
240
-
social contributions
2
-
6
-
other
22
-
79
-
health
44
-
189
-
unemployment
26
-
75
-
total
198
-
589
-
Corporate
1 617
2 450
-
-
income
453
686
-
-
surtax
-
-
-
-
total
453
686
-
-
Dividends
1 164
1 764
-
-
withholding
149
226
-
-
social contributions
200
303
-
-
surtax
-
-
-
-
total
349
529
-
-
Income
2 450
2 450
2 450
2 450
Total tax
1 145
1 215
1 207
1 123
After tax
1 305
1 235
1 243
1 327
Living cost
489
489
489
489
Free-cash
816
746
754
838

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
€2359
€2250
€1894
€2262
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%.

-
-
-
2 450
microenterprise

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

-
-
-
25
total
-
-
-
25
Employee
82
-
2 450
-
income
16
-
490
-
total
16
-
490
-
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%.

2 368
2 450
-
-
total
-
-
-
-
Dividends
2 368
2 450
-
-
withholding
118
122
-
-
total
118
122
-
-
Income
2 450
2 450
2 450
2 450
Total tax
134
122
490
25
After tax
2 316
2 328
1 960
2 425
Living cost
66
66
66
66
Free-cash
2 250
2 262
1 894
2 359

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
€2323
€2206
€1858
€2226
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%.

-
-
-
2 450
microenterprise

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

-
-
-
25
total
-
-
-
25
Employee
128
-
2 450
-
income
26
-
490
-
total
26
-
490
-
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%.

2 322
2 450
-
-
total
-
-
-
-
Dividends
2 322
2 450
-
-
withholding
116
122
-
-
total
116
122
-
-
Income
2 450
2 450
2 450
2 450
Total tax
142
122
490
25
After tax
2 308
2 328
1 960
2 425
Living cost
102
102
102
102
Free-cash
2 206
2 226
1 858
2 323

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
€829
€1003
€1113
€868
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.

-
-
-
2 450
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.

-
-
-
46
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.

-
-
-
831
trade
-
-
-
284
total
-
-
-
1 230
Employee

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

504
-
2 450
-
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
-
831
-
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
-
46
-
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
-
946
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 946
2 450
-
-
trade
279
352
-
-
income
292
368
-
-
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
20
-
-
total
591
745
-
-
Dividends
1 354
1 706
-
-
withholding
335
423
-
-
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
23
-
-
total
353
446
-
-
Income
2 450
2 450
2 450
2 450
Total tax
1 056
1 191
946
1 230
After tax
1 394
1 259
1 504
1 220
Living cost
391
391
391
391
Free-cash
1 003
868
1 113
829

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
€885
€1040
€1197
€927
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.

-
-
-
2 450
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.

-
-
-
46
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.

-
-
-
831
trade
-
-
-
312
total
-
-
-
1 258
Employee

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

388
-
2 450
-
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
-
831
-
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
-
46
-
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
-
946
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 062
2 450
-
-
trade
325
386
-
-
income
309
368
-
-
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.

17
20
-
-
total
655
779
-
-
Dividends
1 407
1 671
-
-
withholding
348
414
-
-
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.

19
23
-
-
total
367
437
-
-
Income
2 450
2 450
2 450
2 450
Total tax
1 103
1 216
946
1 258
After tax
1 347
1 234
1 504
1 192
Living cost
307
307
307
307
Free-cash
1 040
927
1 197
885

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
€780
€968
€1106
€823
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
2 450
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.

-
-
-
46
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.

-
-
-
831
trade
-
-
-
326
total
-
-
-
1 272
Employee

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

514
-
2 450
-
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
-
831
-
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
-
46
-
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
-
946
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 936
2 450
-
-
trade
318
403
-
-
income
290
368
-
-
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
20
-
-
total
628
796
-
-
Dividends
1 307
1 654
-
-
withholding
323
410
-
-
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
23
-
-
total
341
433
-
-
Income
2 450
2 450
2 450
2 450
Total tax
1 084
1 229
946
1 272
After tax
1 366
1 221
1 504
1 178
Living cost
398
398
398
398
Free-cash
968
823
1 106
780

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
€701
€909
€1040
€746
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
2 450
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.

-
-
-
46
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.

-
-
-
831
trade
-
-
-
339
total
-
-
-
1 285
Employee

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

609
-
2 450
-
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
-
831
-
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
-
46
-
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
-
946
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 841
2 450
-
-
trade
316
420
-
-
income
276
368
-
-
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
20
-
-
total
611
813
-
-
Dividends
1 230
1 637
-
-
withholding
304
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
321
427
-
-
Income
2 450
2 450
2 450
2 450
Total tax
1 077
1 240
946
1 285
After tax
1 373
1 210
1 504
1 165
Living cost
464
464
464
464
Free-cash
909
746
1 040
701

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
€924
€1279
€861
€1313
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
-
-
-
2 450
surtax
-
-
-
136
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
794
other
-
-
-
-
total
-
-
-
1 298
Employee
341
-
2 165
-
unemployment
24
-
94
-
other
-
-
-
-
income
57
-
734
-
surtax
1
-
124
-
pensions
23
-
90
-
health
9
-
34
-
total
114
-
1 076
-
Employer
341
-
2 165
-
pensions
46
-
180
-
other
-
-
-
-
health
16
-
62
-
unemployment
11
-
43
-
total
73
-
285
-
Corporate
2 037
2 450
-
-
income
530
637
-
-
total
530
637
-
-
Dividends
1 507
1 813
-
-
withholding
226
272
-
-
total
226
272
-
-
Income
2 450
2 450
2 450
2 450
Total tax
943
909
1 361
1 298
After tax
1 507
1 541
1 089
1 152
Living cost
228
228
228
228
Free-cash
1 279
1 313
861
924

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
€928
€1285
€865
€1317
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
-
-
-
2 450
surtax
-
-
-
136
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
794
other
-
-
-
-
total
-
-
-
1 298
Employee
335
-
2 165
-
unemployment
23
-
94
-
other
-
-
-
-
income
56
-
734
-
surtax
1
-
124
-
pensions
22
-
90
-
health
9
-
34
-
total
111
-
1 076
-
Employer
335
-
2 165
-
pensions
45
-
180
-
other
-
-
-
-
health
15
-
62
-
unemployment
11
-
43
-
total
71
-
285
-
Corporate
2 044
2 450
-
-
income
532
637
-
-
total
532
637
-
-
Dividends
1 513
1 813
-
-
withholding
227
272
-
-
total
227
272
-
-
Income
2 450
2 450
2 450
2 450
Total tax
941
909
1 361
1 298
After tax
1 509
1 541
1 089
1 152
Living cost
224
224
224
224
Free-cash
1 285
1 317
865
928

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
€1495
€1178
€1218
€1173
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
-
-
-
2 450
unemployment
-
-
-
37
health
-
-
-
172
pensions
-
-
-
245
income
-
-
-
300
total
-
-
-
754
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
2 050
-
unemployment
4
2
31
-
income
36
14
251
-
pensions
29
12
205
-
health
20
8
144
-
total
89
36
631
-
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
2 050
-
pensions
57
23
400
-
total
57
23
400
-
Corporate
2 103
2 312
-
-
income
189
208
-
-
total
189
208
-
-
Dividends
1 914
2 104
-
-
withholding
364
400
-
-
social contributions
372
409
-
-
total
736
809
-
-
Income
2 450
2 450
2 450
2 450
Total tax
1 071
1 076
1 031
754
After tax
1 379
1 374
1 419
1 696
Living cost
201
201
201
201
Free-cash
1 178
1 173
1 218
1 495

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
€885
€1030
€898
€1038
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
-
-
-
2 450
national
-
-
-
480
pensions
-
-
-
294
social contributions
-
-
-
26
municipal
-
-
-
274
total
-
-
-
1 074
Employee
761
-
2 118
-
municipal
94
-
283
-
national
146
-
501
-
pensions
30
-
85
-
total
270
-
869
-
Employer
761
-
2 118
-
pensions
61
-
169
-
social contributions
8
-
23
-
total
69
-
192
-
Corporate
1 570
2 450
-
-
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%.

314
490
-
-
total
314
490
-
-
Dividends
1 256
1 960
-
-
withholding
276
431
-
-
total
276
431
-
-
Income
2 450
2 450
2 450
2 450
Total tax
929
921
1 061
1 074
After tax
1 521
1 529
1 389
1 376
Living cost
491
491
491
491
Free-cash
1 030
1 038
898
885

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
€637
€1160
€637
€1138
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
-
-
-
2 450
social contributions
-
-
-
424
income
-
-
-
812
total
-
-
-
1 236
Employee
793
-
2 450
-
social contributions
66
-
424
-
income
150
-
812
-
total
216
-
1 236
-
Employer
793
-
2 450
-
total
-
-
-
-
Corporate
1 657
2 450
-
-
income
207
306
-
-
total
207
306
-
-
Dividends
1 450
2 144
-
-
withholding
290
429
-
-
total
290
429
-
-
Income
2 450
2 450
2 450
2 450
Total tax
713
735
1 236
1 236
After tax
1 737
1 715
1 214
1 214
Living cost
577
577
577
577
Free-cash
1 160
1 138
637
637

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
€763
€827
€678
€879
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
-
-
-
2 450
national
-
-
-
704
regional
-
-
-
32
social contributions
-
-
-
507
municipal
-
-
-
16
total
-
-
-
1 259
Employee
901
-
2 450
-
municipal
5
-
14
-
national
156
-
636
-
social contributions
304
-
665
-
regional
8
-
29
-
total
473
-
1 344
-
Employer
901
-
2 450
-
total
-
-
-
-
Corporate
1 549
2 450
-
-
nationa
372
588
-
-
municipal
60
96
-
-
total
432
684
-
-
Dividends
1 117
1 766
-
-
withholding
290
459
-
-
total
290
459
-
-
Income
2 450
2 450
2 450
2 450
Total tax
1 195
1 143
1 344
1 259
After tax
1 255
1 307
1 106
1 191
Living cost
428
428
428
428
Free-cash
827
879
678
763

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
€911
€991
€826
€1015
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
-
-
-
2 450
national
-
-
-
704
regional
-
-
-
39
social contributions
-
-
-
507
municipal
-
-
-
16
total
-
-
-
1 266
Employee
562
-
2 450
-
municipal
3
-
14
-
national
89
-
636
-
social contributions
190
-
665
-
regional
8
-
36
-
total
290
-
1 351
-
Employer
562
-
2 450
-
total
-
-
-
-
Corporate
1 888
2 450
-
-
nationa
453
588
-
-
municipal
94
122
-
-
total
547
710
-
-
Dividends
1 341
1 740
-
-
withholding
349
452
-
-
total
349
452
-
-
Income
2 450
2 450
2 450
2 450
Total tax
1 186
1 162
1 351
1 266
After tax
1 264
1 288
1 099
1 184
Living cost
273
273
273
273
Free-cash
991
1 015
826
911

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 pr