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
£ 1150
per

Your estimated
City
free-cash

Andorra , Andorra
£591
£733
£622
£764
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
-
-
-
1 150
social contributions
-
-
-
253
income
-
-
-
35
total
-
-
-
288
Employee
290
-
996
-
social contributions
19
-
65
-
income
-
-
38
-
total
19
-
103
-
Employer
290
-
996
-
social contributions
45
-
154
-
total
45
-
154
-
Corporate
815
1 150
-
-
income
82
115
-
-
total
82
115
-
-
Dividends
734
1 035
-
-
total
-
-
-
-
Income
1 150
1 150
1 150
1 150
Total tax
146
115
257
288
After tax
1 004
1 035
893
862
Living cost
271
271
271
271
Free-cash
733
764
622
591

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
£290
£349
£29
£353
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
-
-
-
1 150
surtax
-
-
-
-
unemployment
-
-
-
55
health
-
-
-
81
chamber of commerce
-
-
-
5
pensions
-
-
-
195
income
-
-
-
237
total
-
-
-
573
Employee
394
359
893
-
unemployment
12
11
27
-
other
4
4
9
-
income
35
26
199
-
pensions
40
37
91
-
health
15
14
35
-
total
106
92
361
-
Employer
394
359
893
-
pensions
49
45
112
-
surtax
-
-
-
-
payroll
12
11
27
-
other
19
17
42
-
health
15
14
34
-
accident
5
5
12
-
unemployment
12
11
27
-
chamber of commerce
2
1
4
-
total
114
104
258
-
Corporate
643
688
859
-
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.

161
172
215
-
total
161
172
215
-
Dividends
482
516
-
-
withholding
133
142
-
-
total
133
142
-
-
Income
1 150
1 150
1 150
1 150
Total tax
514
510
834
573
After tax
636
640
316
577
Living cost
287
287
287
287
Free-cash
349
353
29
290

Estimated living cost  is £287 per week

£172
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
£258
£310
-£1
£323
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
-
-
-
1 150
surtax
-
-
-
2
unemployment
-
-
-
55
health
-
-
-
81
chamber of commerce
-
-
-
5
pensions
-
-
-
195
income
-
-
-
237
total
-
-
-
575
Employee
450
359
892
-
unemployment
14
11
27
-
other
4
4
9
-
income
51
26
199
-
pensions
46
37
91
-
health
17
14
34
-
total
132
92
360
-
Employer
450
359
892
-
pensions
56
45
112
-
surtax
2
2
2
-
payroll
14
11
27
-
other
21
17
42
-
health
17
14
34
-
accident
6
5
12
-
unemployment
14
11
27
-
chamber of commerce
2
1
4
-
total
132
106
260
-
Corporate
568
686
857
-
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.

142
171
214
-
total
142
171
214
-
Dividends
426
514
-
-
withholding
117
141
-
-
total
117
141
-
-
Income
1 150
1 150
1 150
1 150
Total tax
523
510
834
575
After tax
627
640
316
575
Living cost
317
317
317
317
Free-cash
310
323
-1
258

Estimated living cost  is £317 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
£186
£181
£100
£316
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
-
-
-
1 150
national
-
-
-
395
communal

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

-
-
-
58
social contributions
-
-
-
183
total
-
-
-
636
Employee

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

644
-
891
-
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
-
8
-
national
198
-
299
-
communal

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

34
-
46
-
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
-
67
-
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
-
42
-
total
316
-
462
-
Employer

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

644
-
891
-
surtax
73
-
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.

57
-
79
-
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
-
55
-
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
-
12
-
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
-
13
-
total
187
-
260
-
Corporate
318
1 150
-
-
income
64
230
-
-
surtax
1
5
-
-
total
65
235
-
-
Dividends
253
915
-
-
withholding

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

73
271
-
-
total
73
271
-
-
Income
1 150
1 150
1 150
1 150
Total tax
641
506
722
636
After tax
509
644
428
514
Living cost
328
328
328
328
Free-cash
181
316
100
186

Estimated living cost  is £328 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
£738
£774
£779
£828
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
-
-
-
1 150
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
-
-
-
173
total
-
-
-
257
Employee
205
-
1 088
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
21
-
109
-
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
-
154
-
Employer
205
-
1 088
-
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
905
1 150
-
-
income
90
115
-
-
total
90
115
-
-
Dividends
814
1 035
-
-
withholding
41
52
-
-
total
41
52
-
-
Income
1 150
1 150
1 150
1 150
Total tax
221
167
216
257
After tax
929
983
934
893
Living cost
155
155
155
155
Free-cash
774
828
779
738

Estimated living cost  is £155 per week

£102
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
£775
£823
£816
£865
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
-
-
-
1 150
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
-
-
-
173
total
-
-
-
257
Employee
156
-
1 088
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
16
-
109
-
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
-
154
-
Employer
156
-
1 088
-
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
963
1 150
-
-
income
96
115
-
-
total
96
115
-
-
Dividends
867
1 035
-
-
withholding
43
52
-
-
total
43
52
-
-
Income
1 150
1 150
1 150
1 150
Total tax
209
167
216
257
After tax
941
983
934
893
Living cost
118
118
118
118
Free-cash
823
865
816
775

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
£596
£584
£584
£632
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
-
-
-
1 150
health
-
-
-
29
social contributions
-
-
-
146
income
-
-
-
170
total
-
-
-
345
Employee
693
693
1 053
-
income
75
64
164
-
social contributions
26
57
78
-
health
5
12
18
-
total
106
133
260
-
Employer
693
693
1 053
-
social contributions
26
57
78
-
health
6
13
19
-
total
32
70
97
-
Corporate
802
387
-
-
income
100
48
-
-
total
100
48
-
-
Dividends
702
339
-
-
withholding
119
58
-
-
total
119
58
-
-
Income
1 150
1 150
1 150
1 150
Total tax
357
309
357
345
After tax
793
841
793
805
Living cost
209
209
209
209
Free-cash
584
632
584
596

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.
£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 Source
Limassol , Cyprus
£513
£509
£501
£549
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
-
-
-
1 150
health
-
-
-
29
social contributions
-
-
-
146
income
-
-
-
170
total
-
-
-
345
Employee
693
693
1 053
-
income
73
64
164
-
social contributions
34
57
78
-
health
7
12
18
-
total
114
133
260
-
Employer
693
693
1 053
-
social contributions
34
57
78
-
health
8
13
19
-
total
42
70
97
-
Corporate
703
387
-
-
income
88
48
-
-
total
88
48
-
-
Dividends
615
339
-
-
withholding
105
58
-
-
total
105
58
-
-
Income
1 150
1 150
1 150
1 150
Total tax
349
309
357
345
After tax
801
841
793
805
Living cost
292
292
292
292
Free-cash
509
549
501
513

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
£384
£509
£375
£583
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
-
-
-
1 150
health
-
-
-
155
social contributions
-
-
-
299
income
-
-
-
104
solidarity contribution
-
-
-
-
total
-
-
-
558
Employee
306
-
858
-
income
37
-
103
-
social contributions
20
-
56
-
health
41
-
116
-
solidarity contribution
-
-
-
-
total
98
-
275
-
Employer
306
-
858
-
social contributions
76
-
215
-
health
28
-
77
-
total
104
-
292
-
Corporate
740
1 150
-
-
income
141
219
-
-
total
141
219
-
-
Dividends
600
931
-
-
withholding
90
140
-
-
total
90
140
-
-
Income
1 150
1 150
1 150
1 150
Total tax
433
359
567
558
After tax
717
791
583
592
Living cost
208
208
208
208
Free-cash
509
583
375
384

Estimated living cost  is £208 per week

£144
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
£336
£445
£327
£535
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
-
-
-
1 150
health
-
-
-
155
social contributions
-
-
-
299
income
-
-
-
104
solidarity contribution
-
-
-
-
total
-
-
-
558
Employee
377
-
858
-
income
45
-
103
-
social contributions
24
-
56
-
health
51
-
116
-
solidarity contribution
-
-
-
-
total
120
-
275
-
Employer
377
-
858
-
social contributions
94
-
215
-
health
34
-
77
-
total
128
-
292
-
Corporate
645
1 150
-
-
income
123
219
-
-
total
123
219
-
-
Dividends
523
931
-
-
withholding
78
140
-
-
total
78
140
-
-
Income
1 150
1 150
1 150
1 150
Total tax
449
359
567
558
After tax
701
791
583
592
Living cost
256
256
256
256
Free-cash
445
535
327
336

Estimated living cost  is £256 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
£264
-£819
-£819
-£819
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 150
national
-
-
-
126
pensions
-
-
-
8
municipal
-
-
-
226
labour market
-
-
-
91
total
-
-
-
451
Employee
1 837
1 837
1 837
-
municipal
391
391
391
-
national
224
224
224
-
pensions
3
3
3
-
labour market
147
147
147
-
total
765
765
765
-
Employer
1 837
1 837
1 837
-
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
1 150
1 150
1 150
1 150
Total tax
1 534
1 534
1 534
451
After tax
-384
-384
-384
699
Living cost
435
435
435
435
Free-cash
-819
-819
-819
264

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.
£38
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
£399
£646
£444
£702
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
-
-
-
1 150
health
-
-
-
149
pensions
-
-
-
230
income
-
-
-
154
total
-
-
-
533
Employee
256
-
860
-
unemployment
4
-
14
-
income
29
-
166
-
pensions
5
-
17
-
total
38
-
197
-
Employer
256
-
860
-
pensions
51
-
172
-
health
33
-
112
-
unemployment
2
-
7
-
total
86
-
291
-
Corporate
808
1 150
-
-
income
162
230
-
-
total
162
230
-
-
Dividends
646
920
-
-
total
-
-
-
-
Income
1 150
1 150
1 150
1 150
Total tax
286
230
488
533
After tax
864
920
662
617
Living cost
218
218
218
218
Free-cash
646
702
444
399

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
£443
£403
£285
£400
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

-
-
-
1 150
national
-
-
-
143
health
-
-
-
14
municipal
-
-
-
204
total
-
-
-
361
Employee
474
-
967
-
unemployment
7
-
15
-
municipal
78
-
158
-
national
8
-
88
-
pensions
32
-
65
-
health
4
-
11
-
total
129
-
337
-
Employer
474
-
967
-
pensions
82
-
168
-
health
4
-
7
-
accident
-
-
1
-
unemployment
3
-
6
-
total
89
-
182
-
Corporate
587
1 150
-
-
income
117
230
-
-
total
117
230
-
-
Dividends

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

352
690
-
-
municipal
63
124
-
-
national
3
50
-
-
total
66
174
-
-
Income
1 150
1 150
1 150
1 150
Total tax
401
404
519
361
After tax
749
746
631
789
Living cost
346
346
346
346
Free-cash
403
400
285
443

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
£376
£351
£403
£302
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
-
-
-
1 150
surtax
-
-
-
-
health
-
-
-
35
pensions
-
-
-
247
social contributions
-
-
-
33
income
-
-
-
145
other
-
-
-
36
total
-
-
-
496
Employee
344
-
915
-
income
18
-
155
-
surtax
-
-
-
-
social contributions
10
-
26
-
pensions
39
-
53
-
total
67
-
234
-
Employer
344
-
915
-
pensions
57
-
91
-
social contributions
1
-
3
-
other
12
-
32
-
health
24
-
72
-
unemployment
14
-
37
-
total
108
-
235
-
Corporate
698
1 150
-
-
income
196
322
-
-
surtax
-
-
-
-
total
196
322
-
-
Dividends
503
828
-
-
withholding
64
106
-
-
social contributions
86
142
-
-
surtax
-
-
-
-
total
150
248
-
-
Income
1 150
1 150
1 150
1 150
Total tax
521
570
469
496
After tax
629
580
681
654
Living cost
278
278
278
278
Free-cash
351
302
403
376

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
£346
£325
£373
£272
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
-
-
-
1 150
surtax
-
-
-
-
health
-
-
-
35
pensions
-
-
-
247
social contributions
-
-
-
33
income
-
-
-
145
other
-
-
-
36
total
-
-
-
496
Employee
386
-
915
-
income
23
-
155
-
surtax
-
-
-
-
social contributions
11
-
26
-
pensions
44
-
53
-
total
78
-
234
-
Employer
386
-
915
-
pensions
63
-
91
-
social contributions
1
-
3
-
other
13
-
32
-
health
27
-
72
-
unemployment
16
-
37
-
total
120
-
235
-
Corporate
644
1 150
-
-
income
180
322
-
-
surtax
-
-
-
-
total
180
322
-
-
Dividends
464
828
-
-
withholding
59
106
-
-
social contributions
80
142
-
-
surtax
-
-
-
-
total
139
248
-
-
Income
1 150
1 150
1 150
1 150
Total tax
517
570
469
496
After tax
633
580
681
654
Living cost
308
308
308
308
Free-cash
325
272
373
346

Estimated living cost  is £308 per week

£194
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
£219
£206
£246
£145
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
-
-
-
1 150
surtax
-
-
-
-
health
-
-
-
35
pensions
-
-
-
247
social contributions
-
-
-
33
income
-
-
-
145
other
-
-
-
36
total
-
-
-
496
Employee
564
-
915
-
income
49
-
155
-
surtax
-
-
-
-
social contributions
16
-
26
-
pensions
64
-
53
-
total
129
-
234
-
Employer
564
-
915
-
pensions
93
-
91
-
social contributions
2
-
3
-
other
19
-
32
-
health
39
-
72
-
unemployment
23
-
37
-
total
176
-
235
-
Corporate
410
1 150
-
-
income
115
322
-
-
surtax
-
-
-
-
total
115
322
-
-
Dividends
295
828
-
-
withholding
38
106
-
-
social contributions
51
142
-
-
surtax
-
-
-
-
total
89
248
-
-
Income
1 150
1 150
1 150
1 150
Total tax
509
570
469
496
After tax
641
580
681
654
Living cost
435
435
435
435
Free-cash
206
145
246
219

Estimated living cost  is £435 per week

£294
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
£1080
£1023
£862
£1035
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%.

-
-
-
1 150
microenterprise

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

-
-
-
12
total
-
-
-
12
Employee
73
-
1 150
-
income
15
-
230
-
total
15
-
230
-
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%.

1 077
1 150
-
-
total
-
-
-
-
Dividends
1 077
1 150
-
-
withholding
54
57
-
-
total
54
57
-
-
Income
1 150
1 150
1 150
1 150
Total tax
69
57
230
12
After tax
1 081
1 093
920
1 138
Living cost
58
58
58
58
Free-cash
1 023
1 035
862
1 080

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
£1047
£984
£829
£1002
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%.

-
-
-
1 150
microenterprise

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

-
-
-
12
total
-
-
-
12
Employee
114
-
1 150
-
income
23
-
230
-
total
23
-
230
-
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%.

1 036
1 150
-
-
total
-
-
-
-
Dividends
1 036
1 150
-
-
withholding
52
57
-
-
total
52
57
-
-
Income
1 150
1 150
1 150
1 150
Total tax
75
57
230
12
After tax
1 075
1 093
920
1 138
Living cost
91
91
91
91
Free-cash
984
1 002
829
1 047

Estimated living cost  is £91 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.
£23
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
£311
£362
£416
£244
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.

-
-
-
1 150
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
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.

-
-
-
307
trade
-
-
-
105
total
-
-
-
491
Employee

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

448
-
1 150
-
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
-
307
-
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
-
17
-
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
-
386
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
702
1 150
-
-
trade
101
165
-
-
income
105
173
-
-
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
214
350
-
-
Dividends
488
800
-
-
withholding
118
197
-
-
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
11
-
-
total
125
208
-
-
Income
1 150
1 150
1 150
1 150
Total tax
440
558
386
491
After tax
710
592
764
659
Living cost
348
348
348
348
Free-cash
362
244
416
311

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
£376
£405
£491
£307
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.

-
-
-
1 150
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
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.

-
-
-
307
trade
-
-
-
115
total
-
-
-
501
Employee

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

345
-
1 150
-
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
-
307
-
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
-
17
-
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
-
386
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
805
1 150
-
-
trade
127
181
-
-
income
121
173
-
-
chamber of commerce
3
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.

7
9
-
-
total
258
366
-
-
Dividends
549
784
-
-
withholding
134
193
-
-
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
11
-
-
total
141
204
-
-
Income
1 150
1 150
1 150
1 150
Total tax
472
570
386
501
After tax
678
580
764
649
Living cost
273
273
273
273
Free-cash
405
307
491
376

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
£290
£348
£410
£221
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.

-
-
-
1 150
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
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.

-
-
-
307
trade
-
-
-
120
total
-
-
-
506
Employee

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

457
-
1 150
-
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
-
307
-
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
-
17
-
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
-
386
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
693
1 150
-
-
trade
114
189
-
-
income
104
173
-
-
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
226
374
-
-
Dividends
467
776
-
-
withholding
113
191
-
-
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
119
201
-
-
Income
1 150
1 150
1 150
1 150
Total tax
448
575
386
506
After tax
702
575
764
644
Living cost
354
354
354
354
Free-cash
348
221
410
290

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
£226
£302
£351
£156
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.

-
-
-
1 150
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
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.

-
-
-
307
trade
-
-
-
125
total
-
-
-
511
Employee

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

541
-
1 150
-
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
-
307
-
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
-
17
-
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
-
386
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
609
1 150
-
-
trade
104
197
-
-
income
91
173
-
-
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
202
382
-
-
Dividends
406
768
-
-
withholding
98
189
-
-
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
103
199
-
-
Income
1 150
1 150
1 150
1 150
Total tax
435
581
386
511
After tax
715
569
764
639
Living cost
413
413
413
413
Free-cash
302
156
351
226

Estimated living cost  is £413 per week

£301
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
£350
£492
£332
£521
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
-
-
-
1 150
surtax
-
-
-
34
unemployment
-
-
-
2
health
-
-
-
82
pensions
-
-
-
230
income
-
-
-
250
other
-
-
-
-
total
-
-
-
598
Employee
303
-
950
-
unemployment
21
-
66
-
other
-
-
-
-
income
51
-
232
-
surtax
1
-
31
-
pensions
20
-
63
-
health
8
-
24
-
total
101
-
416
-
Employer
303
-
950
-
pensions
40
-
127
-
other
-
-
-
-
health
14
-
43
-
unemployment
10
-
30
-
total
64
-
200
-
Corporate
783
1 150
-
-
income
204
299
-
-
total
204
299
-
-
Dividends
579
851
-
-
withholding
87
128
-
-
total
87
128
-
-
Income
1 150
1 150
1 150
1 150
Total tax
456
427
616
598
After tax
694
723
534
552
Living cost
202
202
202
202
Free-cash
492
521
332
350

Estimated living cost  is £202 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
£353
£495
£335
£524
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
-
-
-
1 150
surtax
-
-
-
34
unemployment
-
-
-
2
health
-
-
-
82
pensions
-
-
-
230
income
-
-
-
250
other
-
-
-
-
total
-
-
-
598
Employee
298
-
950
-
unemployment
21
-
66
-
other
-
-
-
-
income
50
-
232
-
surtax
1
-
31
-
pensions
20
-
63
-
health
8
-
24
-
total
100
-
416
-
Employer
298
-
950
-
pensions
40
-
127
-
other
-
-
-
-
health
14
-
43
-
unemployment
9
-
30
-
total
63
-
200
-
Corporate
789
1 150
-
-
income
205
299
-
-
total
205
299
-
-
Dividends
584
851
-
-
withholding
88
128
-
-
total
88
128
-
-
Income
1 150
1 150
1 150
1 150
Total tax
456
427
616
598
After tax
694
723
534
552
Living cost
199
199
199
199
Free-cash
495
524
335
353

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
£617
£472
£488
£468
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
-
-
-
1 150
unemployment
-
-
-
17
health
-
-
-
81
pensions
-
-
-
115
income
-
-
-
141
total
-
-
-
354
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.

258
103
962
-
unemployment
4
2
14
-
income
32
13
118
-
pensions
26
10
96
-
health
18
7
67
-
total
80
32
295
-
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.

258
103
962
-
pensions
50
20
188
-
total
50
20
188
-
Corporate
842
1 027
-
-
income
76
92
-
-
total
76
92
-
-
Dividends
766
935
-
-
withholding
145
178
-
-
social contributions
148
181
-
-
total
293
359
-
-
Income
1 150
1 150
1 150
1 150
Total tax
499
503
483
354
After tax
651
647
667
796
Living cost
179
179
179
179
Free-cash
472
468
488
617

Estimated living cost  is £179 per week

£122
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
£250
£274
£257
£282
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
-
-
-
1 150
national
-
-
-
191
pensions
-
-
-
138
social contributions
-
-
-
12
municipal
-
-
-
123
total
-
-
-
464
Employee
676
-
994
-
municipal
84
-
128
-
national
129
-
198
-
pensions
27
-
40
-
total
240
-
366
-
Employer
676
-
994
-
pensions
54
-
80
-
social contributions
7
-
11
-
total
61
-
91
-
Corporate
368
1 150
-
-
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%.

74
230
-
-
total
74
230
-
-
Dividends
294
920
-
-
withholding
65
202
-
-
total
65
202
-
-
Income
1 150
1 150
1 150
1 150
Total tax
440
432
457
464
After tax
710
718
693
686
Living cost
436
436
436
436
Free-cash
274
282
257
250

Estimated living cost  is £436 per week

£296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£41
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.
£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

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
£218
£311
£218
£292
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
-
-
-
1 150
social contributions
-
-
-
108
income
-
-
-
311
total
-
-
-
419
Employee
705
-
1 150
-
social contributions
59
-
108
-
income
133
-
311
-
total
192
-
419
-
Employer
705
-
1 150
-
total
-
-
-
-
Corporate
445
1 150
-
-
income
56
144
-
-
total
56
144
-
-
Dividends
390
1 006
-
-
withholding
78
201
-
-
total
78
201
-
-
Income
1 150
1 150
1 150
1 150
Total tax
326
345
419
419
After tax
824
805
731
731
Living cost
513
513
513
513
Free-cash
311
292
218
218

Estimated living cost  is £513 per week

£390
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
£192
£185
£137
£233
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
-
-
-
1 150
national
-
-
-
262
regional
-
-
-
13
social contributions
-
-
-
296
municipal
-
-
-
7
total
-
-
-
578
Employee
801
-
1 150
-
municipal
4
-
6
-
national
139
-
227
-
social contributions
270
-
388
-
regional
8
-
12
-
total
421
-
633
-
Employer
801
-
1 150
-
total
-
-
-
-
Corporate
349
1 150
-
-
nationa
84
276
-
-
municipal
14
45
-
-
total
98
321
-
-
Dividends
252
829
-
-
withholding
66
216
-
-
total
66
216
-
-
Income
1 150
1 150
1 150
1 150
Total tax
585
537
633
578
After tax
565
613
517
572
Living cost
380
380
380
380
Free-cash
185
233
137
192

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
£325
£341
£271
£362
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
-
-
-
1 150
national
-
-
-
262
regional
-
-
-
17
social contributions
-
-
-
296
municipal
-
-
-
7
total
-
-
-
582
Employee
500
-
1 150
-
municipal
3
-
6
-
national
79
-
227
-
social contributions
169
-
388
-
regional
7
-
15
-
total
258
-
636
-
Employer
500
-
1 150
-
total
-
-
-
-
Corporate
650
1 150
-
-
nationa
156
276
-
-
municipal
32
57
-
-
total
188
333
-
-
Dividends
462
817
-
-
withholding
120
212
-
-
total
120
212
-
-
Income
1 150
1 150
1 150
1 150
Total tax
566
545
636
582
After tax
584
605
514
568
Living cost
243
243
243
243
Free-cash
341
362
271
325

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