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
€ 2500
per

Your estimated
City
free-cash

Andorra , Andorra
€1512
€1912
€1577
€1945
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
-
-
-
2 500
social contributions
-
-
-
550
income
-
-
-
133
total
-
-
-
683
Employee
326
-
2 164
-
social contributions
21
-
141
-
income
-
-
141
-
total
21
-
282
-
Employer
326
-
2 164
-
social contributions
50
-
336
-
total
50
-
336
-
Corporate
2 124
2 500
-
-
income
212
250
-
-
total
212
250
-
-
Dividends
1 911
2 250
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
283
250
618
683
After tax
2 217
2 250
1 882
1 817
Living cost
305
305
305
305
Free-cash
1 912
1 945
1 577
1 512

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
€956
€1051
€326
€1055
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
-
-
-
2 500
surtax
-
-
-
-
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
10
pensions
-
-
-
219
income
-
-
-
839
total
-
-
-
1 221
Employee
443
404
2 093
-
unemployment
13
12
36
-
other
4
4
12
-
income
39
30
714
-
pensions
45
41
121
-
health
17
16
46
-
total
118
103
929
-
Employer
443
404
2 093
-
pensions
56
51
149
-
surtax
-
-
-
-
payroll
13
12
63
-
other
21
19
92
-
health
17
15
45
-
accident
6
5
15
-
unemployment
13
12
36
-
chamber of commerce
2
2
8
-
total
128
116
408
-
Corporate
1 930
1 980
2 054
-
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.

482
495
514
-
total
482
495
514
-
Dividends
1 447
1 485
-
-
withholding
398
408
-
-
total
398
408
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 126
1 122
1 851
1 221
After tax
1 374
1 378
649
1 279
Living cost
323
323
323
323
Free-cash
1 051
1 055
326
956

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
€920
€1003
€292
€1020
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
-
-
-
2 500
surtax
-
-
-
2
unemployment
-
-
-
62
health
-
-
-
91
chamber of commerce
-
-
-
10
pensions
-
-
-
219
income
-
-
-
839
total
-
-
-
1 223
Employee
506
404
2 091
-
unemployment
15
12
36
-
other
5
4
12
-
income
58
30
713
-
pensions
52
41
121
-
health
20
16
46
-
total
150
103
928
-
Employer
506
404
2 091
-
pensions
64
51
149
-
surtax
2
2
2
-
payroll
15
12
63
-
other
24
19
92
-
health
19
15
45
-
accident
7
5
15
-
unemployment
15
12
36
-
chamber of commerce
2
2
8
-
total
148
118
410
-
Corporate
1 846
1 978
2 053
-
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.

461
494
513
-
total
461
494
513
-
Dividends
1 384
1 483
-
-
withholding
381
408
-
-
total
381
408
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 140
1 123
1 851
1 223
After tax
1 360
1 377
649
1 277
Living cost
357
357
357
357
Free-cash
1 003
1 020
292
920

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
€718
€876
€470
€990
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
-
-
-
2 500
national
-
-
-
1 024
communal

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

-
-
-
135
social contributions
-
-
-
253
total
-
-
-
1 412
Employee

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

725
-
1 936
-
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
-
17
-
national
223
-
742
-
communal

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

38
-
101
-
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
-
145
-
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
-
91
-
total
355
-
1 096
-
Employer

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

725
-
1 936
-
surtax
82
-
220
-
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
-
172
-
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
-
119
-
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
-
564
-
Corporate
1 564
2 500
-
-
income
313
552
-
-
surtax
6
11
-
-
total
319
563
-
-
Dividends
1 245
1 937
-
-
withholding

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

370
577
-
-
total
370
577
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 255
1 140
1 660
1 412
After tax
1 245
1 360
840
1 088
Living cost
370
370
370
370
Free-cash
876
990
470
718

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
€1857
€1902
€1963
€1964
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
-
-
-
2 500
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
-
-
-
375
total
-
-
-
469
Employee
231
-
2 431
-
accident

We are using the highest rate at 1.1%.

3
-
4
-
income
23
-
243
-
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
-
294
-
Employer
231
-
2 431
-
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
2 224
2 500
-
-
income
222
250
-
-
total
222
250
-
-
Dividends
2 001
2 250
-
-
withholding
100
112
-
-
total
100
112
-
-
Income
2 500
2 500
2 500
2 500
Total tax
424
362
363
469
After tax
2 076
2 138
2 137
2 031
Living cost
174
174
174
174
Free-cash
1 902
1 964
1 963
1 857

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
€1898
€1958
€2004
€2005
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
-
-
-
2 500
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
-
-
-
375
total
-
-
-
469
Employee
176
-
2 431
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
income
18
-
243
-
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
-
294
-
Employer
176
-
2 431
-
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
2 289
2 500
-
-
income
229
250
-
-
total
229
250
-
-
Dividends
2 060
2 250
-
-
withholding
103
112
-
-
total
103
112
-
-
Income
2 500
2 500
2 500
2 500
Total tax
409
362
363
469
After tax
2 091
2 138
2 137
2 031
Living cost
133
133
133
133
Free-cash
1 958
2 005
2 004
1 898

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
€1438
€1531
€1418
€1587
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
-
-
-
2 500
health
-
-
-
64
social contributions
-
-
-
164
income
-
-
-
599
total
-
-
-
827
Employee
779
779
2 369
-
income
85
72
589
-
social contributions
29
65
87
-
health
6
13
40
-
total
120
150
716
-
Employer
779
779
2 369
-
social contributions
29
65
87
-
health
7
14
44
-
total
36
79
131
-
Corporate
2 109
1 642
-
-
income
264
205
-
-
total
264
205
-
-
Dividends
1 845
1 436
-
-
withholding
314
244
-
-
total
314
244
-
-
Income
2 500
2 500
2 500
2 500
Total tax
734
678
847
827
After tax
1 766
1 822
1 653
1 673
Living cost
235
235
235
235
Free-cash
1 531
1 587
1 418
1 438

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
€1344
€1450
€1324
€1493
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
-
-
-
2 500
health
-
-
-
64
social contributions
-
-
-
164
income
-
-
-
599
total
-
-
-
827
Employee
779
779
2 369
-
income
82
72
589
-
social contributions
38
65
87
-
health
8
13
40
-
total
128
150
716
-
Employer
779
779
2 369
-
social contributions
38
65
87
-
health
8
14
44
-
total
46
79
131
-
Corporate
1 998
1 642
-
-
income
250
205
-
-
total
250
205
-
-
Dividends
1 748
1 436
-
-
withholding
297
244
-
-
total
297
244
-
-
Income
2 500
2 500
2 500
2 500
Total tax
721
678
847
827
After tax
1 779
1 822
1 653
1 673
Living cost
329
329
329
329
Free-cash
1 450
1 493
1 324
1 344

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
€1272
€1405
€1157
€1487
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
-
-
-
2 500
health
-
-
-
337
social contributions
-
-
-
336
income
-
-
-
274
solidarity contribution
-
-
-
47
total
-
-
-
994
Employee
344
-
2 029
-
income
41
-
252
-
social contributions
22
-
75
-
health
46
-
274
-
solidarity contribution
-
-
37
-
total
109
-
638
-
Employer
344
-
2 029
-
social contributions
86
-
288
-
health
31
-
183
-
total
117
-
471
-
Corporate
2 039
2 500
-
-
income
387
475
-
-
total
387
475
-
-
Dividends
1 652
2 025
-
-
withholding
248
304
-
-
total
248
304
-
-
Income
2 500
2 500
2 500
2 500
Total tax
861
779
1 109
994
After tax
1 639
1 721
1 391
1 506
Living cost
234
234
234
234
Free-cash
1 405
1 487
1 157
1 272

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
€1218
€1330
€1103
€1433
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
-
-
-
2 500
health
-
-
-
337
social contributions
-
-
-
336
income
-
-
-
274
solidarity contribution
-
-
-
47
total
-
-
-
994
Employee
424
-
2 029
-
income
51
-
252
-
social contributions
28
-
75
-
health
57
-
274
-
solidarity contribution
-
-
37
-
total
136
-
638
-
Employer
424
-
2 029
-
social contributions
106
-
288
-
health
38
-
183
-
total
144
-
471
-
Corporate
1 932
2 500
-
-
income
367
475
-
-
total
367
475
-
-
Dividends
1 565
2 025
-
-
withholding
235
304
-
-
total
235
304
-
-
Income
2 500
2 500
2 500
2 500
Total tax
882
779
1 109
994
After tax
1 618
1 721
1 391
1 506
Living cost
288
288
288
288
Free-cash
1 330
1 433
1 103
1 218

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
€944
€150
€286
€286
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
-
-
-
2 500
national
-
-
-
317
pensions
-
-
-
9
municipal
-
-
-
542
labour market
-
-
-
199
total
-
-
-
1 067
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
286
-
-
-
income
63
-
-
-
total
63
-
-
-
Dividends
223
-
-
-
withholding
73
-
-
-
total
73
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 861
1 725
1 725
1 067
After tax
639
775
775
1 433
Living cost
489
489
489
489
Free-cash
150
286
286
944

Estimated living cost  is €489 per week

€335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€43
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
€1095
€1692
€1196
€1755
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
-
-
-
2 500
health
-
-
-
325
pensions
-
-
-
500
income
-
-
-
335
total
-
-
-
1 160
Employee
287
-
1 868
-
unemployment
5
-
30
-
income
32
-
360
-
pensions
6
-
37
-
total
43
-
427
-
Employer
287
-
1 868
-
pensions
58
-
374
-
health
37
-
243
-
unemployment
2
-
15
-
total
97
-
632
-
Corporate
2 115
2 500
-
-
income
423
500
-
-
total
423
500
-
-
Dividends
1 692
2 000
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
563
500
1 059
1 160
After tax
1 937
2 000
1 441
1 340
Living cost
245
245
245
245
Free-cash
1 692
1 755
1 196
1 095

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
€1120
€1165
€833
€1129
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

-
-
-
2 500
national
-
-
-
513
health
-
-
-
34
municipal
-
-
-
444
total
-
-
-
991
Employee
533
-
2 103
-
unemployment
8
-
32
-
municipal
87
-
342
-
national
9
-
337
-
pensions
36
-
142
-
health
4
-
28
-
total
144
-
881
-
Employer
533
-
2 103
-
pensions
92
-
365
-
health
4
-
16
-
accident
1
-
2
-
unemployment
3
-
14
-
total
100
-
397
-
Corporate
1 866
2 500
-
-
income
373
500
-
-
total
373
500
-
-
Dividends

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

1 120
1 500
-
-
municipal
202
270
-
-
national
127
212
-
-
total
329
482
-
-
Income
2 500
2 500
2 500
2 500
Total tax
946
982
1 278
991
After tax
1 554
1 518
1 222
1 509
Living cost
389
389
389
389
Free-cash
1 165
1 129
833
1 120

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
€1036
€1003
€948
€948
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
-
-
-
2 500
surtax
-
-
-
-
health
-
-
-
128
pensions
-
-
-
378
social contributions
-
-
-
71
income
-
-
-
497
other
-
-
-
78
total
-
-
-
1 152
Employee
387
-
1 897
-
income
20
-
434
-
surtax
-
-
-
-
social contributions
11
-
54
-
pensions
44
-
148
-
total
75
-
636
-
Employer
387
-
1 897
-
pensions
64
-
246
-
social contributions
1
-
6
-
other
13
-
81
-
health
27
-
194
-
unemployment
16
-
77
-
total
121
-
604
-
Corporate
1 992
2 500
-
-
income
558
700
-
-
surtax
-
-
-
-
total
558
700
-
-
Dividends
1 434
1 800
-
-
withholding
184
230
-
-
social contributions
247
310
-
-
surtax
-
-
-
-
total
431
540
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 185
1 240
1 240
1 152
After tax
1 315
1 260
1 260
1 348
Living cost
312
312
312
312
Free-cash
1 003
948
948
1 036

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
€1001
€973
€913
€913
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
-
-
-
2 500
surtax
-
-
-
-
health
-
-
-
128
pensions
-
-
-
378
social contributions
-
-
-
71
income
-
-
-
497
other
-
-
-
78
total
-
-
-
1 152
Employee
434
-
1 897
-
income
26
-
434
-
surtax
-
-
-
-
social contributions
12
-
54
-
pensions
49
-
148
-
total
87
-
636
-
Employer
434
-
1 897
-
pensions
71
-
246
-
social contributions
1
-
6
-
other
15
-
81
-
health
30
-
194
-
unemployment
18
-
77
-
total
135
-
604
-
Corporate
1 931
2 500
-
-
income
541
700
-
-
surtax
-
-
-
-
total
541
700
-
-
Dividends
1 390
1 800
-
-
withholding
178
230
-
-
social contributions
239
310
-
-
surtax
-
-
-
-
total
417
540
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 180
1 240
1 240
1 152
After tax
1 320
1 260
1 260
1 348
Living cost
347
347
347
347
Free-cash
973
913
913
1 001

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
€859
€841
€771
€771
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
-
-
-
2 500
surtax
-
-
-
-
health
-
-
-
128
pensions
-
-
-
378
social contributions
-
-
-
71
income
-
-
-
497
other
-
-
-
78
total
-
-
-
1 152
Employee
635
-
1 897
-
income
55
-
434
-
surtax
-
-
-
-
social contributions
18
-
54
-
pensions
72
-
148
-
total
145
-
636
-
Employer
635
-
1 897
-
pensions
104
-
246
-
social contributions
2
-
6
-
other
22
-
81
-
health
44
-
194
-
unemployment
26
-
77
-
total
198
-
604
-
Corporate
1 667
2 500
-
-
income
467
700
-
-
surtax
-
-
-
-
total
467
700
-
-
Dividends
1 200
1 800
-
-
withholding
154
230
-
-
social contributions
206
310
-
-
surtax
-
-
-
-
total
360
540
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 170
1 240
1 240
1 152
After tax
1 330
1 260
1 260
1 348
Living cost
489
489
489
489
Free-cash
841
771
771
859

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
€2408
€2298
€1935
€2310
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%.

-
-
-
2 500
microenterprise

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

-
-
-
27
total
-
-
-
27
Employee
81
-
2 500
-
income
16
-
500
-
total
16
-
500
-
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%.

2 419
2 500
-
-
total
-
-
-
-
Dividends
2 419
2 500
-
-
withholding
121
125
-
-
total
121
125
-
-
Income
2 500
2 500
2 500
2 500
Total tax
137
125
500
27
After tax
2 363
2 375
2 000
2 473
Living cost
65
65
65
65
Free-cash
2 298
2 310
1 935
2 408

Estimated living cost  is €65 per week

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

Additional information

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

Tbilisi , Georgia
€2371
€2254
€1898
€2273
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%.

-
-
-
2 500
microenterprise

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

-
-
-
27
total
-
-
-
27
Employee
127
-
2 500
-
income
25
-
500
-
total
25
-
500
-
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%.

2 373
2 500
-
-
total
-
-
-
-
Dividends
2 373
2 500
-
-
withholding
119
125
-
-
total
119
125
-
-
Income
2 500
2 500
2 500
2 500
Total tax
144
125
500
27
After tax
2 356
2 375
2 000
2 473
Living cost
102
102
102
102
Free-cash
2 254
2 273
1 898
2 371

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
€850
€1030
€1141
€894
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.

-
-
-
2 500
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.

-
-
-
47
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.

-
-
-
852
trade
-
-
-
291
total
-
-
-
1 259
Employee

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

504
-
2 500
-
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
-
852
-
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
-
47
-
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
-
968
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 996
2 500
-
-
trade
286
359
-
-
income
299
375
-
-
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
21
-
-
total
605
760
-
-
Dividends
1 389
1 740
-
-
withholding
343
431
-
-
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
24
-
-
total
362
455
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 079
1 215
968
1 259
After tax
1 421
1 285
1 532
1 241
Living cost
391
391
391
391
Free-cash
1 030
894
1 141
850

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
€905
€1064
€1225
€952
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.

-
-
-
2 500
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.

-
-
-
47
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.

-
-
-
852
trade
-
-
-
320
total
-
-
-
1 288
Employee

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

388
-
2 500
-
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
-
852
-
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
-
47
-
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
-
968
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 112
2 500
-
-
trade
333
394
-
-
income
317
375
-
-
chamber of commerce
5
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
21
-
-
total
672
795
-
-
Dividends
1 441
1 706
-
-
withholding
356
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.

20
23
-
-
total
376
446
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 129
1 241
968
1 288
After tax
1 371
1 259
1 532
1 212
Living cost
307
307
307
307
Free-cash
1 064
952
1 225
905

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
€800
€993
€1134
€849
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.

-
-
-
2 500
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.

-
-
-
47
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.

-
-
-
852
trade
-
-
-
334
total
-
-
-
1 302
Employee

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

514
-
2 500
-
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
-
852
-
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
-
47
-
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
-
968
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 986
2 500
-
-
trade
327
411
-
-
income
298
375
-
-
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
21
-
-
total
645
812
-
-
Dividends
1 341
1 688
-
-
withholding
331
418
-
-
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
349
441
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 109
1 253
968
1 302
After tax
1 391
1 247
1 532
1 198
Living cost
398
398
398
398
Free-cash
993
849
1 134
800

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
€720
€934
€1068
€769
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.

-
-
-
2 500
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.

-
-
-
47
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.

-
-
-
852
trade
-
-
-
348
total
-
-
-
1 316
Employee

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

609
-
2 500
-
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
-
852
-
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
-
47
-
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
-
968
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 891
2 500
-
-
trade
324
429
-
-
income
284
375
-
-
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
21
-
-
total
628
830
-
-
Dividends
1 263
1 671
-
-
withholding
312
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.

17
23
-
-
total
329
437
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 102
1 267
968
1 316
After tax
1 398
1 233
1 532
1 184
Living cost
464
464
464
464
Free-cash
934
769
1 068
720

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
€946
€1310
€884
€1344
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
-
-
-
2 500
surtax
-
-
-
141
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
817
other
-
-
-
-
total
-
-
-
1 326
Employee
341
-
2 215
-
unemployment
24
-
94
-
other
-
-
-
-
income
57
-
756
-
surtax
1
-
129
-
pensions
23
-
90
-
health
9
-
34
-
total
114
-
1 103
-
Employer
341
-
2 215
-
pensions
46
-
180
-
other
-
-
-
-
health
16
-
62
-
unemployment
11
-
43
-
total
73
-
285
-
Corporate
2 087
2 500
-
-
income
543
650
-
-
total
543
650
-
-
Dividends
1 544
1 850
-
-
withholding
232
278
-
-
total
232
278
-
-
Income
2 500
2 500
2 500
2 500
Total tax
962
928
1 388
1 326
After tax
1 538
1 572
1 112
1 174
Living cost
228
228
228
228
Free-cash
1 310
1 344
884
946

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
€950
€1317
€888
€1348
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
-
-
-
2 500
surtax
-
-
-
141
unemployment
-
-
-
2
health
-
-
-
96
pensions
-
-
-
270
income
-
-
-
817
other
-
-
-
-
total
-
-
-
1 326
Employee
335
-
2 215
-
unemployment
23
-
94
-
other
-
-
-
-
income
56
-
756
-
surtax
1
-
129
-
pensions
22
-
90
-
health
9
-
34
-
total
111
-
1 103
-
Employer
335
-
2 215
-
pensions
45
-
180
-
other
-
-
-
-
health
15
-
62
-
unemployment
11
-
43
-
total
71
-
285
-
Corporate
2 094
2 500
-
-
income
545
650
-
-
total
545
650
-
-
Dividends
1 550
1 850
-
-
withholding
232
278
-
-
total
232
278
-
-
Income
2 500
2 500
2 500
2 500
Total tax
959
928
1 388
1 326
After tax
1 541
1 572
1 112
1 174
Living cost
224
224
224
224
Free-cash
1 317
1 348
888
950

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
€1530
€1206
€1248
€1200
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
-
-
-
2 500
unemployment
-
-
-
37
health
-
-
-
175
pensions
-
-
-
250
income
-
-
-
306
total
-
-
-
768
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.

291
116
2 092
-
unemployment
4
2
31
-
income
36
14
256
-
pensions
29
12
209
-
health
20
8
146
-
total
89
36
642
-
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.

291
116
2 092
-
pensions
57
23
408
-
total
57
23
408
-
Corporate
2 152
2 361
-
-
income
194
213
-
-
total
194
213
-
-
Dividends
1 958
2 149
-
-
withholding
372
408
-
-
social contributions
380
418
-
-
total
752
826
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 092
1 098
1 050
768
After tax
1 408
1 402
1 450
1 732
Living cost
202
202
202
202
Free-cash
1 206
1 200
1 248
1 530

Estimated living cost  is €202 per week

€138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€44
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
€911
€1062
€925
€1071
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
-
-
-
2 500
national
-
-
-
493
pensions
-
-
-
300
social contributions
-
-
-
27
municipal
-
-
-
280
total
-
-
-
1 100
Employee
759
-
2 161
-
municipal
94
-
289
-
national
145
-
514
-
pensions
30
-
86
-
total
269
-
889
-
Employer
759
-
2 161
-
pensions
61
-
173
-
social contributions
8
-
23
-
total
69
-
196
-
Corporate
1 622
2 500
-
-
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%.

324
500
-
-
total
324
500
-
-
Dividends
1 298
2 000
-
-
withholding
286
440
-
-
total
286
440
-
-
Income
2 500
2 500
2 500
2 500
Total tax
948
940
1 085
1 100
After tax
1 552
1 560
1 415
1 400
Living cost
490
490
490
490
Free-cash
1 062
1 071
925
911

Estimated living cost  is €490 per week

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

Additional information

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

Dublin , Ireland
€657
€1195
€657
€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
-
-
-
2 500
social contributions
-
-
-
434
income
-
-
-
832
total
-
-
-
1 266
Employee
793
-
2 500
-
social contributions
66
-
434
-
income
150
-
832
-
total
216
-
1 266
-
Employer
793
-
2 500
-
total
-
-
-
-
Corporate
1 707
2 500
-
-
income
213
312
-
-
total
213
312
-
-
Dividends
1 494
2 188
-
-
withholding
299
438
-
-
total
299
438
-
-
Income
2 500
2 500
2 500
2 500
Total tax
728
750
1 266
1 266
After tax
1 772
1 750
1 234
1 234
Living cost
577
577
577
577
Free-cash
1 195
1 173
657
657

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
€790
€853
€704
€905
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
-
-
-
2 500
national
-
-
-
726
regional
-
-
-
33
social contributions
-
-
-
507
municipal
-
-
-
16
total
-
-
-
1 282
Employee
901
-
2 500
-
municipal
5
-
15
-
national
156
-
658
-
social contributions
304
-
665
-
regional
8
-
30
-
total
473
-
1 368
-
Employer
901
-
2 500
-
total
-
-
-
-
Corporate
1 599
2 500
-
-
nationa
384
600
-
-
municipal
62
98
-
-
total
446
698
-
-
Dividends
1 153
1 802
-
-
withholding
300
469
-
-
total
300
469
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 219
1 167
1 368
1 282
After tax
1 281
1 333
1 132
1 218
Living cost
428
428
428
428
Free-cash
853
905
704
790

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
€938
€1018
€852
€1041
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
-
-
-
2 500
national
-
-
-
726
regional
-
-
-
40
social contributions
-
-
-
507
municipal
-
-
-
16
total
-
-
-
1 289
Employee
562
-
2 500
-
municipal
3
-
15
-
national
89
-
658
-
social contributions
190
-
665
-
regional
8
-
37
-
total
290
-
1 375
-
Employer
562
-
2 500
-
total
-
-
-
-
Corporate
1 938
2 500
-
-
nationa
465
600
-
-
municipal
96
124
-
-
total
561
724
-
-
Dividends
1 376
1 776
-
-
withholding
358
462
-
-
total
358
462
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 209
1 186
1 375
1 289
After tax
1 291
1 314
1 125
1 211
Living cost
273
273
273
273
Free-cash
1 018
1 041
852
938

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 ba