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
£ 1100
per

Your estimated
City
free-cash

Andorra , Andorra
£556
£688
£585
£719
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
-
-
-
1 100
social contributions
-
-
-
242
income
-
-
-
31
total
-
-
-
273
Employee
290
-
952
-
social contributions
19
-
62
-
income
-
-
34
-
total
19
-
96
-
Employer
290
-
952
-
social contributions
45
-
148
-
total
45
-
148
-
Corporate
765
1 100
-
-
income
77
110
-
-
total
77
110
-
-
Dividends
689
990
-
-
total
-
-
-
-
Income
1 100
1 100
1 100
1 100
Total tax
141
110
244
273
After tax
959
990
856
827
Living cost
271
271
271
271
Free-cash
688
719
585
556

Estimated living cost  is £271 per week

£175
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.
£70
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
£262
£322
£20
£325
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
-
-
-
1 100
surtax
-
-
-
-
unemployment
-
-
-
55
health
-
-
-
81
chamber of commerce
-
-
-
4
pensions
-
-
-
195
income
-
-
-
215
total
-
-
-
550
Employee
394
359
854
-
unemployment
12
11
26
-
other
4
4
9
-
income
35
27
186
-
pensions
40
37
87
-
health
15
14
33
-
total
106
93
341
-
Employer
394
359
854
-
pensions
49
45
107
-
surtax
-
-
-
-
payroll
12
11
26
-
other
19
17
41
-
health
15
14
32
-
accident
5
5
11
-
unemployment
12
11
26
-
chamber of commerce
2
1
3
-
total
114
104
246
-
Corporate
592
637
820
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

148
159
205
-
total
148
159
205
-
Dividends
444
478
-
-
withholding
122
131
-
-
total
122
131
-
-
Income
1 100
1 100
1 100
1 100
Total tax
490
487
792
550
After tax
610
613
308
550
Living cost
288
288
288
288
Free-cash
322
325
20
262

Estimated living cost  is £288 per week

£173
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£29
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.
£81
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
£230
£280
-£11
£293
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
-
-
-
1 100
surtax
-
-
-
2
unemployment
-
-
-
55
health
-
-
-
81
chamber of commerce
-
-
-
4
pensions
-
-
-
195
income
-
-
-
215
total
-
-
-
552
Employee
451
359
853
-
unemployment
14
11
26
-
other
5
4
9
-
income
51
27
185
-
pensions
46
37
87
-
health
17
14
33
-
total
133
93
340
-
Employer
451
359
853
-
pensions
57
45
107
-
surtax
2
2
2
-
payroll
14
11
26
-
other
21
17
41
-
health
17
14
32
-
accident
6
5
11
-
unemployment
14
11
26
-
chamber of commerce
2
1
3
-
total
133
106
248
-
Corporate
518
635
819
-
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.

129
159
205
-
total
129
159
205
-
Dividends
388
477
-
-
withholding
107
131
-
-
total
107
131
-
-
Income
1 100
1 100
1 100
1 100
Total tax
502
489
793
552
After tax
598
611
307
548
Living cost
318
318
318
318
Free-cash
280
293
-11
230

Estimated living cost  is £318 per week

£212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£27
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.
£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

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
£166
£153
£87
£288
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
-
-
-
1 100
national
-
-
-
374
communal

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

-
-
-
55
social contributions
-
-
-
176
total
-
-
-
605
Employee

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

645
-
852
-
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
-
7
-
national
198
-
282
-
communal

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

34
-
44
-
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.

48
-
64
-
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.

30
-
40
-
total
316
-
437
-
Employer

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

645
-
852
-
surtax
73
-
97
-
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.

57
-
75
-
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.

40
-
52
-
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.

8
-
11
-
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.

9
-
12
-
total
187
-
247
-
Corporate
267
1 100
-
-
income
53
220
-
-
surtax
1
4
-
-
total
54
224
-
-
Dividends
213
876
-
-
withholding

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

61
259
-
-
total
61
259
-
-
Income
1 100
1 100
1 100
1 100
Total tax
618
483
684
605
After tax
482
617
416
495
Living cost
329
329
329
329
Free-cash
153
288
87
166

Estimated living cost  is £329 per week

£212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£29
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.
£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
Sofia , Bulgaria
£696
£732
£734
£785
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
-
-
-
1 100
unemployment
-
-
-
1
health
-
-
-
36
pensions

Individual pension and social contributions account is optional for those who entered the labor force after 31 December, 2014.

-
-
-
47
income
-
-
-
165
total
-
-
-
249
Employee
205
-
1 038
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
21
-
104
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

18
-
28
-
health
9
-
14
-
total
50
-
149
-
Employer
205
-
1 038
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

23
-
35
-
health
14
-
22
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
unemployment
1
-
2
-
total
40
-
62
-
Corporate
854
1 100
-
-
income
85
110
-
-
total
85
110
-
-
Dividends
769
990
-
-
withholding
38
50
-
-
total
38
50
-
-
Income
1 100
1 100
1 100
1 100
Total tax
213
160
211
249
After tax
887
940
889
851
Living cost
155
155
155
155
Free-cash
732
785
734
696

Estimated living cost  is £155 per week

£103
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.
£40
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
£733
£780
£771
£822
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 100
unemployment
-
-
-
1
health
-
-
-
36
pensions

Individual pension and social contributions account is optional for those who entered the labor force after 31 December, 2014.

-
-
-
47
income
-
-
-
165
total
-
-
-
249
Employee
157
-
1 038
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
16
-
104
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

14
-
28
-
health
7
-
14
-
total
39
-
149
-
Employer
157
-
1 038
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

17
-
35
-
health
11
-
22
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
unemployment
1
-
2
-
total
31
-
62
-
Corporate
913
1 100
-
-
income
91
110
-
-
total
91
110
-
-
Dividends
821
990
-
-
withholding
41
50
-
-
total
41
50
-
-
Income
1 100
1 100
1 100
1 100
Total tax
202
160
211
249
After tax
898
940
889
851
Living cost
118
118
118
118
Free-cash
780
822
771
733

Estimated living cost  is £118 per week

£69
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£8
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.
£38
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
£562
£547
£549
£594
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
-
-
-
1 100
health
-
-
-
28
social contributions
-
-
-
146
income
-
-
-
155
total
-
-
-
329
Employee
693
693
1 004
-
income
75
64
150
-
social contributions
26
58
78
-
health
5
12
17
-
total
106
134
245
-
Employer
693
693
1 004
-
social contributions
26
58
78
-
health
6
13
19
-
total
32
71
97
-
Corporate
752
336
-
-
income
94
42
-
-
total
94
42
-
-
Dividends
658
294
-
-
withholding
112
50
-
-
total
112
50
-
-
Income
1 100
1 100
1 100
1 100
Total tax
344
297
342
329
After tax
756
803
758
771
Living cost
209
209
209
209
Free-cash
547
594
549
562

Estimated living cost  is £209 per week

£125
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.
£59
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
£479
£473
£466
£511
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
-
-
-
1 100
health
-
-
-
28
social contributions
-
-
-
146
income
-
-
-
155
total
-
-
-
329
Employee
693
693
1 004
-
income
73
64
150
-
social contributions
34
58
78
-
health
7
12
17
-
total
114
134
245
-
Employer
693
693
1 004
-
social contributions
34
58
78
-
health
8
13
19
-
total
42
71
97
-
Corporate
653
336
-
-
income
82
42
-
-
total
82
42
-
-
Dividends
571
294
-
-
withholding
97
50
-
-
total
97
50
-
-
Income
1 100
1 100
1 100
1 100
Total tax
335
297
342
329
After tax
765
803
758
771
Living cost
292
292
292
292
Free-cash
473
511
466
479

Estimated living cost  is £292 per week

£200
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.
£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 Source
Brno , Czech Republic
£344
£473
£349
£548
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
-
-
-
1 100
health
-
-
-
149
social contributions
-
-
-
300
income
-
-
-
98
solidarity contribution
-
-
-
-
total
-
-
-
547
Employee
307
-
821
-
income
37
-
99
-
social contributions
20
-
53
-
health
41
-
111
-
solidarity contribution
-
-
-
-
total
98
-
263
-
Employer
307
-
821
-
social contributions
77
-
205
-
health
28
-
74
-
total
105
-
279
-
Corporate
689
1 100
-
-
income
131
209
-
-
total
131
209
-
-
Dividends
558
891
-
-
withholding
84
134
-
-
total
84
134
-
-
Income
1 100
1 100
1 100
1 100
Total tax
418
343
542
547
After tax
682
757
558
553
Living cost
209
209
209
209
Free-cash
473
548
349
344

Estimated living cost  is £209 per week

£145
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.
£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
Prague , Czech Republic
£296
£409
£301
£500
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
-
-
-
1 100
health
-
-
-
149
social contributions
-
-
-
300
income
-
-
-
98
solidarity contribution
-
-
-
-
total
-
-
-
547
Employee
378
-
821
-
income
45
-
99
-
social contributions
25
-
53
-
health
51
-
111
-
solidarity contribution
-
-
-
-
total
121
-
263
-
Employer
378
-
821
-
social contributions
94
-
205
-
health
34
-
74
-
total
128
-
279
-
Corporate
594
1 100
-
-
income
113
209
-
-
total
113
209
-
-
Dividends
481
891
-
-
withholding
72
134
-
-
total
72
134
-
-
Income
1 100
1 100
1 100
1 100
Total tax
434
343
542
547
After tax
666
757
558
553
Living cost
257
257
257
257
Free-cash
409
500
301
296

Estimated living cost  is £257 per week

£191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£14
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.
£47
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
£235
-£870
-£870
-£870
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
-
-
-
1 100
national
-
-
-
120
pensions
-
-
-
8
municipal
-
-
-
215
labour market
-
-
-
87
total
-
-
-
430
Employee
1 838
1 838
1 838
-
municipal
391
391
391
-
national
225
225
225
-
pensions
3
3
3
-
labour market
147
147
147
-
total
766
766
766
-
Employer
1 838
1 838
1 838
-
pensions
5
5
5
-
labour market
147
147
147
-
municipal
392
392
392
-
national
225
225
225
-
total
769
769
769
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
1 100
1 100
1 100
1 100
Total tax
1 535
1 535
1 535
430
After tax
-435
-435
-435
670
Living cost
435
435
435
435
Free-cash
-870
-870
-870
235

Estimated living cost  is £435 per week

£298
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£39
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.
£92
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
£372
£606
£417
£662
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
-
-
-
1 100
health
-
-
-
143
pensions
-
-
-
220
income
-
-
-
147
total
-
-
-
510
Employee
256
-
822
-
unemployment
4
-
13
-
income
29
-
158
-
pensions
5
-
16
-
total
38
-
187
-
Employer
256
-
822
-
pensions
51
-
164
-
health
33
-
107
-
unemployment
2
-
7
-
total
86
-
278
-
Corporate
758
1 100
-
-
income
152
220
-
-
total
152
220
-
-
Dividends
606
880
-
-
total
-
-
-
-
Income
1 100
1 100
1 100
1 100
Total tax
276
220
465
510
After tax
824
880
635
590
Living cost
218
218
218
218
Free-cash
606
662
417
372

Estimated living cost  is £218 per week

£149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£13
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.
£51
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
£413
£370
£262
£370
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

-
-
-
1 100
national
-
-
-
132
health
-
-
-
13
municipal
-
-
-
196
total
-
-
-
341
Employee
474
-
925
-
unemployment
7
-
14
-
municipal
78
-
151
-
national
8
-
80
-
pensions
32
-
62
-
health
4
-
10
-
total
129
-
317
-
Employer
474
-
925
-
pensions
82
-
161
-
health
4
-
7
-
accident
-
-
1
-
unemployment
3
-
6
-
total
89
-
175
-
Corporate
536
1 100
-
-
income
107
220
-
-
total
107
220
-
-
Dividends

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

322
660
-
-
municipal
58
119
-
-
national
1
45
-
-
total
59
164
-
-
Income
1 100
1 100
1 100
1 100
Total tax
384
384
492
341
After tax
716
716
608
759
Living cost
346
346
346
346
Free-cash
370
370
262
413

Estimated living cost  is £346 per week

£226
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.
£81
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
£350
£326
£381
£277
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
-
-
-
1 100
surtax
-
-
-
-
health
-
-
-
31
pensions
-
-
-
243
social contributions
-
-
-
31
income
-
-
-
133
other
-
-
-
34
total
-
-
-
472
Employee
344
-
879
-
income
18
-
146
-
surtax
-
-
-
-
social contributions
10
-
25
-
pensions
39
-
49
-
total
67
-
220
-
Employer
344
-
879
-
pensions
57
-
85
-
social contributions
1
-
3
-
other
12
-
30
-
health
24
-
67
-
unemployment
14
-
36
-
total
108
-
221
-
Corporate
648
1 100
-
-
income
181
308
-
-
surtax
-
-
-
-
total
181
308
-
-
Dividends
467
792
-
-
withholding
60
101
-
-
social contributions
80
136
-
-
surtax
-
-
-
-
total
140
237
-
-
Income
1 100
1 100
1 100
1 100
Total tax
496
545
441
472
After tax
604
555
659
628
Living cost
278
278
278
278
Free-cash
326
277
381
350

Estimated living cost  is £278 per week

£161
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.
£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
Nice , France
£319
£298
£350
£246
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
-
-
-
1 100
surtax
-
-
-
-
health
-
-
-
31
pensions
-
-
-
243
social contributions
-
-
-
31
income
-
-
-
133
other
-
-
-
34
total
-
-
-
472
Employee
386
-
879
-
income
23
-
146
-
surtax
-
-
-
-
social contributions
11
-
25
-
pensions
44
-
49
-
total
78
-
220
-
Employer
386
-
879
-
pensions
63
-
85
-
social contributions
1
-
3
-
other
13
-
30
-
health
27
-
67
-
unemployment
16
-
36
-
total
120
-
221
-
Corporate
594
1 100
-
-
income
166
308
-
-
surtax
-
-
-
-
total
166
308
-
-
Dividends
427
792
-
-
withholding
55
101
-
-
social contributions
74
136
-
-
surtax
-
-
-
-
total
129
237
-
-
Income
1 100
1 100
1 100
1 100
Total tax
493
545
441
472
After tax
607
555
659
628
Living cost
309
309
309
309
Free-cash
298
246
350
319

Estimated living cost  is £309 per week

£195
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
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.
£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
Paris , France
£192
£181
£223
£119
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
-
-
-
1 100
surtax
-
-
-
-
health
-
-
-
31
pensions
-
-
-
243
social contributions
-
-
-
31
income
-
-
-
133
other
-
-
-
34
total
-
-
-
472
Employee
565
-
879
-
income
49
-
146
-
surtax
-
-
-
-
social contributions
16
-
25
-
pensions
64
-
49
-
total
129
-
220
-
Employer
565
-
879
-
pensions
93
-
85
-
social contributions
2
-
3
-
other
19
-
30
-
health
40
-
67
-
unemployment
23
-
36
-
total
177
-
221
-
Corporate
359
1 100
-
-
income
100
308
-
-
surtax
-
-
-
-
total
100
308
-
-
Dividends
258
792
-
-
withholding
33
101
-
-
social contributions
44
136
-
-
surtax
-
-
-
-
total
77
237
-
-
Income
1 100
1 100
1 100
1 100
Total tax
483
545
441
472
After tax
617
555
659
628
Living cost
436
436
436
436
Free-cash
181
119
223
192

Estimated living cost  is £436 per week

£295
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.
£99
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
£1031
£977
£822
£987
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%.

-
-
-
1 100
microenterprise

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

-
-
-
11
total
-
-
-
11
Employee
72
-
1 100
-
income
14
-
220
-
total
14
-
220
-
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%.

1 028
1 100
-
-
total
-
-
-
-
Dividends
1 028
1 100
-
-
withholding
51
55
-
-
total
51
55
-
-
Income
1 100
1 100
1 100
1 100
Total tax
65
55
220
11
After tax
1 035
1 045
880
1 089
Living cost
58
58
58
58
Free-cash
977
987
822
1 031

Estimated living cost  is £58 per week

£36
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.
£16
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
£999
£938
£790
£955
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%.

-
-
-
1 100
microenterprise

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

-
-
-
11
total
-
-
-
11
Employee
113
-
1 100
-
income
23
-
220
-
total
23
-
220
-
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%.

987
1 100
-
-
total
-
-
-
-
Dividends
987
1 100
-
-
withholding
49
55
-
-
total
49
55
-
-
Income
1 100
1 100
1 100
1 100
Total tax
72
55
220
11
After tax
1 028
1 045
880
1 089
Living cost
90
90
90
90
Free-cash
938
955
790
999

Estimated living cost  is £90 per week

£61
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.
£22
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
£290
£337
£388
£219
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.

-
-
-
1 100
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
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.

-
-
-
62
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.

-
-
-
286
trade
-
-
-
98
total
-
-
-
462
Employee

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

449
-
1 100
-
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.

37
-
286
-
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
-
16
-
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.

62
-
62
-
total
101
-
364
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
651
1 100
-
-
trade
93
158
-
-
income
98
165
-
-
chamber of commerce
2
3
-
-
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.

5
9
-
-
total
198
335
-
-
Dividends
452
765
-
-
withholding
110
188
-
-
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.

6
10
-
-
total
116
198
-
-
Income
1 100
1 100
1 100
1 100
Total tax
415
533
364
462
After tax
685
567
736
638
Living cost
348
348
348
348
Free-cash
337
219
388
290

Estimated living cost  is £348 per week

£240
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.
£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 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
£356
£382
£463
£283
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.

-
-
-
1 100
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
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.

-
-
-
62
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.

-
-
-
286
trade
-
-
-
107
total
-
-
-
471
Employee

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

345
-
1 100
-
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.

10
-
286
-
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
-
16
-
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.

62
-
62
-
total
73
-
364
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
755
1 100
-
-
trade
119
173
-
-
income
113
165
-
-
chamber of commerce
2
3
-
-
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.

6
9
-
-
total
240
350
-
-
Dividends
514
750
-
-
withholding
125
184
-
-
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.

7
10
-
-
total
132
194
-
-
Income
1 100
1 100
1 100
1 100
Total tax
445
544
364
471
After tax
655
556
736
629
Living cost
273
273
273
273
Free-cash
382
283
463
356

Estimated living cost  is £273 per week

£172
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.
£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.
£64
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
£270
£323
£382
£196
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.

-
-
-
1 100
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
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.

-
-
-
62
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.

-
-
-
286
trade
-
-
-
112
total
-
-
-
476
Employee

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

457
-
1 100
-
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.

39
-
286
-
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
-
16
-
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.

62
-
62
-
total
103
-
364
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
643
1 100
-
-
trade
106
181
-
-
income
96
165
-
-
chamber of commerce
2
3
-
-
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.

5
9
-
-
total
209
358
-
-
Dividends
433
742
-
-
withholding
105
182
-
-
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.

6
10
-
-
total
111
192
-
-
Income
1 100
1 100
1 100
1 100
Total tax
423
550
364
476
After tax
677
550
736
624
Living cost
354
354
354
354
Free-cash
323
196
382
270

Estimated living cost  is £354 per week

£237
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.
£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.
£75
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
£206
£275
£323
£131
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.

-
-
-
1 100
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
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.

-
-
-
62
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.

-
-
-
286
trade
-
-
-
117
total
-
-
-
481
Employee

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

542
-
1 100
-
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.

64
-
286
-
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
-
16
-
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.

62
-
62
-
total
130
-
364
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
558
1 100
-
-
trade
96
189
-
-
income
84
165
-
-
chamber of commerce
2
3
-
-
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.

5
9
-
-
total
187
366
-
-
Dividends
372
734
-
-
withholding
90
180
-
-
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.

5
10
-
-
total
95
190
-
-
Income
1 100
1 100
1 100
1 100
Total tax
412
556
364
481
After tax
688
544
736
619
Living cost
413
413
413
413
Free-cash
275
131
323
206

Estimated living cost  is £413 per week

£302
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.
£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.
£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

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
£333
£461
£315
£489
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
-
-
-
1 100
surtax
-
-
-
31
unemployment
-
-
-
2
health
-
-
-
78
pensions
-
-
-
220
income
-
-
-
233
other
-
-
-
-
total
-
-
-
564
Employee
304
-
909
-
unemployment
21
-
63
-
other
-
-
-
-
income
51
-
216
-
surtax
1
-
28
-
pensions
20
-
61
-
health
8
-
23
-
total
101
-
391
-
Employer
304
-
909
-
pensions
40
-
121
-
other
-
-
-
-
health
14
-
41
-
unemployment
10
-
29
-
total
64
-
191
-
Corporate
732
1 100
-
-
income
190
286
-
-
total
190
286
-
-
Dividends
542
814
-
-
withholding
81
122
-
-
total
81
122
-
-
Income
1 100
1 100
1 100
1 100
Total tax
436
408
582
564
After tax
664
692
518
536
Living cost
203
203
203
203
Free-cash
461
489
315
333

Estimated living cost  is £203 per week

£122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£18
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.
£58
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
£337
£464
£319
£493
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
-
-
-
1 100
surtax
-
-
-
31
unemployment
-
-
-
2
health
-
-
-
78
pensions
-
-
-
220
income
-
-
-
233
other
-
-
-
-
total
-
-
-
564
Employee
298
-
909
-
unemployment
21
-
63
-
other
-
-
-
-
income
50
-
216
-
surtax
1
-
28
-
pensions
20
-
61
-
health
8
-
23
-
total
100
-
391
-
Employer
298
-
909
-
pensions
40
-
121
-
other
-
-
-
-
health
14
-
41
-
unemployment
9
-
29
-
total
63
-
191
-
Corporate
739
1 100
-
-
income
192
286
-
-
total
192
286
-
-
Dividends
547
814
-
-
withholding
82
122
-
-
total
82
122
-
-
Income
1 100
1 100
1 100
1 100
Total tax
437
408
582
564
After tax
663
692
518
536
Living cost
199
199
199
199
Free-cash
464
493
319
337

Estimated living cost  is £199 per week

£122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£18
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.
£54
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
£582
£443
£458
£439
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
-
-
-
1 100
unemployment
-
-
-
17
health
-
-
-
77
pensions
-
-
-
110
income
-
-
-
134
total
-
-
-
338
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.

260
104
921
-
unemployment
4
2
14
-
income
32
13
113
-
pensions
26
10
92
-
health
18
7
64
-
total
80
32
283
-
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.

260
104
921
-
pensions
51
20
179
-
total
51
20
179
-
Corporate
789
976
-
-
income
71
88
-
-
total
71
88
-
-
Dividends
718
888
-
-
withholding
136
169
-
-
social contributions
139
172
-
-
total
275
341
-
-
Income
1 100
1 100
1 100
1 100
Total tax
477
481
462
338
After tax
623
619
638
762
Living cost
180
180
180
180
Free-cash
443
439
458
582

Estimated living cost  is £180 per week

£123
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.
£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.
£39
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
£221
£245
£230
£251
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
-
-
-
1 100
national
-
-
-
182
pensions
-
-
-
132
social contributions
-
-
-
12
municipal
-
-
-
118
total
-
-
-
444
Employee
675
-
951
-
municipal
83
-
122
-
national
129
-
189
-
pensions
27
-
38
-
total
239
-
349
-
Employer
675
-
951
-
pensions
54
-
76
-
social contributions
7
-
10
-
total
61
-
86
-
Corporate
319
1 100
-
-
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%.

64
220
-
-
total
64
220
-
-
Dividends
255
880
-
-
withholding
56
194
-
-
total
56
194
-
-
Income
1 100
1 100
1 100
1 100
Total tax
420
414
435
444
After tax
680
686
665
656
Living cost
435
435
435
435
Free-cash
245
251
230
221

Estimated living cost  is £435 per week

£296
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.
£92
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
£193
£276
£193
£257
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
-
-
-
1 100
social contributions
-
-
-
102
income
-
-
-
291
total
-
-
-
393
Employee
705
-
1 100
-
social contributions
59
-
102
-
income
133
-
291
-
total
192
-
393
-
Employer
705
-
1 100
-
total
-
-
-
-
Corporate
395
1 100
-
-
income
49
137
-
-
total
49
137
-
-
Dividends
345
963
-
-
withholding
69
192
-
-
total
69
192
-
-
Income
1 100
1 100
1 100
1 100
Total tax
310
329
393
393
After tax
790
771
707
707
Living cost
514
514
514
514
Free-cash
276
257
193
193

Estimated living cost  is £514 per week

£391
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.
£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.
£76
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
£170
£159
£118
£207
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
-
-
-
1 100
national
-
-
-
248
regional
-
-
-
12
social contributions
-
-
-
283
municipal
-
-
-
7
total
-
-
-
550
Employee
801
-
1 100
-
municipal
4
-
6
-
national
139
-
214
-
social contributions
270
-
371
-
regional
8
-
11
-
total
421
-
602
-
Employer
801
-
1 100
-
total
-
-
-
-
Corporate
299
1 100
-
-
nationa
72
264
-
-
municipal
12
43
-
-
total
84
307
-
-
Dividends
215
793
-
-
withholding
56
206
-
-
total
56
206
-
-
Income
1 100
1 100
1 100
1 100
Total tax
561
513
602
550
After tax
539
587
498
550
Living cost
380
380
380
380
Free-cash
159
207
118
170

Estimated living cost  is £380 per week

£265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
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
Naples , Italy
£302
£314
£251
£335
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
-
-
-
1 100
national
-
-
-
248
regional
-
-
-
17
social contributions
-
-
-
283
municipal
-
-
-
7
total
-
-
-
555
Employee
500
-
1 100
-
municipal
3
-
6
-
national
79
-
214
-
social contributions
169
-
371
-
regional
7
-
15
-
total
258
-
606
-
Employer
500
-
1 100
-
total
-
-
-
-
Corporate
600
1 100
-
-
nationa
144
264
-
-
municipal
30
55
-
-
total
174
319
-
-
Dividends
426
781
-
-
withholding
111
203
-
-
total
111
203
-
-
Income
1 100
1 100
1 100
1 100
Total tax
543
522
606
555
After tax
557
578
494
545
Living cost
243
243
243
243
Free-cash
314
335
251
302

Estimated living cost  is £243 per week

£151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
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.
£63
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