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
£ 1200
per

Your estimated
City
free-cash

Andorra , Andorra
£626
£779
£658
£809
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
-
-
-
1 200
social contributions
-
-
-
264
income
-
-
-
39
total
-
-
-
303
Employee
290
-
1 039
-
social contributions
19
-
68
-
income
-
-
42
-
total
19
-
110
-
Employer
290
-
1 039
-
social contributions
45
-
161
-
total
45
-
161
-
Corporate
865
1 200
-
-
income
86
120
-
-
total
86
120
-
-
Dividends
778
1 080
-
-
total
-
-
-
-
Income
1 200
1 200
1 200
1 200
Total tax
150
120
271
303
After tax
1 050
1 080
929
897
Living cost
271
271
271
271
Free-cash
779
809
658
626

Estimated living cost  is £271 per week

£176
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
£319
£375
£39
£379
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
-
-
-
1 200
surtax
-
-
-
-
unemployment
-
-
-
55
health
-
-
-
81
chamber of commerce
-
-
-
5
pensions
-
-
-
195
income
-
-
-
257
total
-
-
-
593
Employee
395
360
932
-
unemployment
12
11
28
-
other
4
4
9
-
income
35
27
213
-
pensions
40
37
95
-
health
15
14
36
-
total
106
93
381
-
Employer
395
360
932
-
pensions
50
45
117
-
surtax
-
-
-
-
payroll
12
11
28
-
other
19
17
44
-
health
15
14
35
-
accident
5
5
12
-
unemployment
12
11
28
-
chamber of commerce
2
1
4
-
total
115
104
268
-
Corporate
692
737
898
-
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.

173
184
224
-
total
173
184
224
-
Dividends
519
552
-
-
withholding
143
152
-
-
total
143
152
-
-
Income
1 200
1 200
1 200
1 200
Total tax
537
533
873
593
After tax
663
667
327
607
Living cost
288
288
288
288
Free-cash
375
379
39
319

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
£287
£335
£8
£347
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
-
-
-
1 200
surtax
-
-
-
2
unemployment
-
-
-
55
health
-
-
-
81
chamber of commerce
-
-
-
5
pensions
-
-
-
195
income
-
-
-
257
total
-
-
-
595
Employee
451
360
930
-
unemployment
14
11
28
-
other
5
4
9
-
income
51
27
212
-
pensions
46
37
95
-
health
17
14
36
-
total
133
93
380
-
Employer
451
360
930
-
pensions
57
45
117
-
surtax
2
2
2
-
payroll
14
11
28
-
other
21
17
44
-
health
17
14
35
-
accident
6
5
12
-
unemployment
14
11
28
-
chamber of commerce
2
1
4
-
total
133
106
270
-
Corporate
617
735
896
-
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.

154
184
224
-
total
154
184
224
-
Dividends
463
551
-
-
withholding
127
152
-
-
total
127
152
-
-
Income
1 200
1 200
1 200
1 200
Total tax
547
535
874
595
After tax
653
665
326
605
Living cost
318
318
318
318
Free-cash
335
347
8
287

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.
£74
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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
£204
£209
£116
£343
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
-
-
-
1 200
national
-
-
-
416
communal

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

-
-
-
61
social contributions
-
-
-
190
total
-
-
-
667
Employee

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

646
-
929
-
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
199
-
315
-
communal

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

34
-
48
-
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
-
70
-
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
-
44
-
total
317
-
485
-
Employer

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

646
-
929
-
surtax
73
-
105
-
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
-
82
-
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
-
57
-
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
-
14
-
total
187
-
270
-
Corporate
366
1 200
-
-
income
73
240
-
-
surtax
1
5
-
-
total
74
245
-
-
Dividends
291
955
-
-
withholding

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

84
283
-
-
total
84
283
-
-
Income
1 200
1 200
1 200
1 200
Total tax
662
528
755
667
After tax
538
672
445
533
Living cost
329
329
329
329
Free-cash
209
343
116
204

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
£781
£817
£823
£871
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
-
-
-
1 200
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
-
-
-
180
total
-
-
-
264
Employee
206
-
1 138
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
21
-
114
-
pensions

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

18
-
28
-
health
9
-
15
-
total
50
-
160
-
Employer
206
-
1 138
-
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
954
1 200
-
-
income
95
120
-
-
total
95
120
-
-
Dividends
859
1 080
-
-
withholding
43
54
-
-
total
43
54
-
-
Income
1 200
1 200
1 200
1 200
Total tax
228
174
222
264
After tax
972
1 026
978
936
Living cost
155
155
155
155
Free-cash
817
871
823
781

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
£818
£865
£860
£908
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
-
-
-
1 200
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
-
-
-
180
total
-
-
-
264
Employee
157
-
1 138
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
16
-
114
-
pensions

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

14
-
28
-
health
7
-
15
-
total
39
-
160
-
Employer
157
-
1 138
-
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
1 012
1 200
-
-
income
101
120
-
-
total
101
120
-
-
Dividends
911
1 080
-
-
withholding
46
54
-
-
total
46
54
-
-
Income
1 200
1 200
1 200
1 200
Total tax
217
174
222
264
After tax
983
1 026
978
936
Living cost
118
118
118
118
Free-cash
865
908
860
818

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
£630
£619
£618
£667
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
-
-
-
1 200
health
-
-
-
31
social contributions
-
-
-
146
income
-
-
-
184
total
-
-
-
361
Employee
694
694
1 102
-
income
76
64
178
-
social contributions
26
58
78
-
health
5
12
19
-
total
107
134
275
-
Employer
694
694
1 102
-
social contributions
26
58
78
-
health
6
13
20
-
total
32
71
98
-
Corporate
852
435
-
-
income
106
54
-
-
total
106
54
-
-
Dividends
745
381
-
-
withholding
127
65
-
-
total
127
65
-
-
Income
1 200
1 200
1 200
1 200
Total tax
372
324
373
361
After tax
828
876
827
839
Living cost
209
209
209
209
Free-cash
619
667
618
630

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.
£21
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£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
£546
£545
£534
£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
-
-
-
1 200
health
-
-
-
31
social contributions
-
-
-
146
income
-
-
-
184
total
-
-
-
361
Employee
694
694
1 102
-
income
73
64
178
-
social contributions
34
58
78
-
health
7
12
19
-
total
114
134
275
-
Employer
694
694
1 102
-
social contributions
34
58
78
-
health
8
13
20
-
total
42
71
98
-
Corporate
752
435
-
-
income
94
54
-
-
total
94
54
-
-
Dividends
658
381
-
-
withholding
112
65
-
-
total
112
65
-
-
Income
1 200
1 200
1 200
1 200
Total tax
362
324
373
361
After tax
838
876
827
839
Living cost
293
293
293
293
Free-cash
545
583
534
546

Estimated living cost  is £293 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
£418
£542
£400
£617
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
-
-
-
1 200
health
-
-
-
162
social contributions
-
-
-
300
income
-
-
-
111
solidarity contribution
-
-
-
-
total
-
-
-
573
Employee
307
-
896
-
income
37
-
107
-
social contributions
20
-
58
-
health
41
-
121
-
solidarity contribution
-
-
-
-
total
98
-
286
-
Employer
307
-
896
-
social contributions
77
-
224
-
health
28
-
81
-
total
105
-
305
-
Corporate
789
1 200
-
-
income
150
228
-
-
total
150
228
-
-
Dividends
639
972
-
-
withholding
96
146
-
-
total
96
146
-
-
Income
1 200
1 200
1 200
1 200
Total tax
449
374
591
573
After tax
751
826
609
627
Living cost
209
209
209
209
Free-cash
542
617
400
418

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
£370
£478
£352
£569
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
-
-
-
1 200
health
-
-
-
162
social contributions
-
-
-
300
income
-
-
-
111
solidarity contribution
-
-
-
-
total
-
-
-
573
Employee
378
-
896
-
income
45
-
107
-
social contributions
25
-
58
-
health
51
-
121
-
solidarity contribution
-
-
-
-
total
121
-
286
-
Employer
378
-
896
-
social contributions
94
-
224
-
health
34
-
81
-
total
128
-
305
-
Corporate
694
1 200
-
-
income
132
228
-
-
total
132
228
-
-
Dividends
562
972
-
-
withholding
84
146
-
-
total
84
146
-
-
Income
1 200
1 200
1 200
1 200
Total tax
465
374
591
573
After tax
735
826
609
627
Living cost
257
257
257
257
Free-cash
478
569
352
370

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
£295
-£773
-£773
-£773
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
-
-
-
1 200
national
-
-
-
128
pensions
-
-
-
8
municipal
-
-
-
238
labour market
-
-
-
95
total
-
-
-
469
Employee
1 841
1 841
1 841
-
municipal
392
392
392
-
national
225
225
225
-
pensions
3
3
3
-
labour market
147
147
147
-
total
767
767
767
-
Employer
1 841
1 841
1 841
-
pensions
5
5
5
-
labour market
147
147
147
-
municipal
393
393
393
-
national
225
225
225
-
total
770
770
770
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
1 200
1 200
1 200
1 200
Total tax
1 537
1 537
1 537
469
After tax
-337
-337
-337
731
Living cost
436
436
436
436
Free-cash
-773
-773
-773
295

Estimated living cost  is £436 per week

£299
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
£425
£687
£474
£742
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
-
-
-
1 200
health
-
-
-
156
pensions
-
-
-
240
income
-
-
-
161
total
-
-
-
557
Employee
256
-
897
-
unemployment
4
-
14
-
income
29
-
173
-
pensions
5
-
18
-
total
38
-
205
-
Employer
256
-
897
-
pensions
51
-
179
-
health
33
-
117
-
unemployment
2
-
7
-
total
86
-
303
-
Corporate
857
1 200
-
-
income
171
240
-
-
total
171
240
-
-
Dividends
686
960
-
-
total
-
-
-
-
Income
1 200
1 200
1 200
1 200
Total tax
295
240
508
557
After tax
905
960
692
643
Living cost
218
218
218
218
Free-cash
687
742
474
425

Estimated living cost  is £218 per week

£150
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
£472
£434
£306
£428
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

-
-
-
1 200
national
-
-
-
153
health
-
-
-
15
municipal
-
-
-
213
total
-
-
-
381
Employee
475
-
1 010
-
unemployment
7
-
15
-
municipal
78
-
165
-
national
8
-
96
-
pensions
32
-
68
-
health
4
-
12
-
total
129
-
356
-
Employer
475
-
1 010
-
pensions
82
-
175
-
health
4
-
8
-
accident
-
-
1
-
unemployment
3
-
7
-
total
89
-
191
-
Corporate
635
1 200
-
-
income
127
240
-
-
total
127
240
-
-
Dividends

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

381
720
-
-
municipal
69
130
-
-
national
5
55
-
-
total
74
185
-
-
Income
1 200
1 200
1 200
1 200
Total tax
419
425
547
381
After tax
781
775
653
819
Living cost
347
347
347
347
Free-cash
434
428
306
472

Estimated living cost  is £347 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
£405
£376
£424
£326
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
-
-
-
1 200
surtax
-
-
-
-
health
-
-
-
39
pensions
-
-
-
251
social contributions
-
-
-
34
income
-
-
-
156
other
-
-
-
37
total
-
-
-
517
Employee
345
-
952
-
income
18
-
165
-
surtax
-
-
-
-
social contributions
10
-
27
-
pensions
39
-
57
-
total
67
-
249
-
Employer
345
-
952
-
pensions
57
-
97
-
social contributions
1
-
3
-
other
12
-
33
-
health
24
-
77
-
unemployment
14
-
39
-
total
108
-
249
-
Corporate
747
1 200
-
-
income
209
336
-
-
surtax
-
-
-
-
total
209
336
-
-
Dividends
538
864
-
-
withholding
69
111
-
-
social contributions
93
149
-
-
surtax
-
-
-
-
total
162
260
-
-
Income
1 200
1 200
1 200
1 200
Total tax
546
596
498
517
After tax
654
604
702
683
Living cost
278
278
278
278
Free-cash
376
326
424
405

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
£374
£348
£393
£295
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
-
-
-
1 200
surtax
-
-
-
-
health
-
-
-
39
pensions
-
-
-
251
social contributions
-
-
-
34
income
-
-
-
156
other
-
-
-
37
total
-
-
-
517
Employee
386
-
952
-
income
23
-
165
-
surtax
-
-
-
-
social contributions
11
-
27
-
pensions
44
-
57
-
total
78
-
249
-
Employer
386
-
952
-
pensions
64
-
97
-
social contributions
1
-
3
-
other
13
-
33
-
health
27
-
77
-
unemployment
16
-
39
-
total
121
-
249
-
Corporate
693
1 200
-
-
income
194
336
-
-
surtax
-
-
-
-
total
194
336
-
-
Dividends
499
864
-
-
withholding
64
111
-
-
social contributions
86
149
-
-
surtax
-
-
-
-
total
150
260
-
-
Income
1 200
1 200
1 200
1 200
Total tax
543
596
498
517
After tax
657
604
702
683
Living cost
309
309
309
309
Free-cash
348
295
393
374

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
£247
£230
£266
£168
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
-
-
-
1 200
surtax
-
-
-
-
health
-
-
-
39
pensions
-
-
-
251
social contributions
-
-
-
34
income
-
-
-
156
other
-
-
-
37
total
-
-
-
517
Employee
566
-
952
-
income
49
-
165
-
surtax
-
-
-
-
social contributions
16
-
27
-
pensions
64
-
57
-
total
129
-
249
-
Employer
566
-
952
-
pensions
93
-
97
-
social contributions
2
-
3
-
other
20
-
33
-
health
40
-
77
-
unemployment
23
-
39
-
total
178
-
249
-
Corporate
458
1 200
-
-
income
128
336
-
-
surtax
-
-
-
-
total
128
336
-
-
Dividends
330
864
-
-
withholding
42
111
-
-
social contributions
57
149
-
-
surtax
-
-
-
-
total
99
260
-
-
Income
1 200
1 200
1 200
1 200
Total tax
534
596
498
517
After tax
666
604
702
683
Living cost
436
436
436
436
Free-cash
230
168
266
247

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
£1130
£1071
£902
£1082
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%.

-
-
-
1 200
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
-
1 200
-
income
15
-
240
-
total
15
-
240
-
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%.

1 127
1 200
-
-
total
-
-
-
-
Dividends
1 127
1 200
-
-
withholding
56
60
-
-
total
56
60
-
-
Income
1 200
1 200
1 200
1 200
Total tax
71
60
240
12
After tax
1 129
1 140
960
1 188
Living cost
58
58
58
58
Free-cash
1 071
1 082
902
1 130

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
£1098
£1033
£870
£1050
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%.

-
-
-
1 200
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
113
-
1 200
-
income
23
-
240
-
total
23
-
240
-
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%.

1 087
1 200
-
-
total
-
-
-
-
Dividends
1 087
1 200
-
-
withholding
54
60
-
-
total
54
60
-
-
Income
1 200
1 200
1 200
1 200
Total tax
77
60
240
12
After tax
1 123
1 140
960
1 188
Living cost
90
90
90
90
Free-cash
1 033
1 050
870
1 098

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
£331
£387
£443
£270
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.

-
-
-
1 200
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
18
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.

-
-
-
328
trade
-
-
-
112
total
-
-
-
520
Employee

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

449
-
1 200
-
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
-
328
-
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
-
18
-
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
-
408
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
751
1 200
-
-
trade
108
172
-
-
income
113
180
-
-
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
10
-
-
total
229
365
-
-
Dividends
522
835
-
-
withholding
127
205
-
-
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
134
216
-
-
Income
1 200
1 200
1 200
1 200
Total tax
464
581
408
520
After tax
736
619
792
680
Living cost
349
349
349
349
Free-cash
387
270
443
331

Estimated living cost  is £349 per week

£240
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.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£66
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

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
£396
£430
£518
£333
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.

-
-
-
1 200
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
18
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.

-
-
-
328
trade
-
-
-
123
total
-
-
-
531
Employee

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

345
-
1 200
-
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
-
328
-
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
-
18
-
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
-
408
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
855
1 200
-
-
trade
135
189
-
-
income
128
180
-
-
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
10
-
-
total
273
382
-
-
Dividends
582
818
-
-
withholding
142
201
-
-
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.

8
11
-
-
total
150
212
-
-
Income
1 200
1 200
1 200
1 200
Total tax
496
594
408
531
After tax
704
606
792
669
Living cost
274
274
274
274
Free-cash
430
333
518
396

Estimated living cost  is £274 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
£309
£372
£437
£245
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.

-
-
-
1 200
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
18
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.

-
-
-
328
trade
-
-
-
128
total
-
-
-
536
Employee

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

458
-
1 200
-
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
-
328
-
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
-
18
-
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
-
408
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
742
1 200
-
-
trade
122
197
-
-
income
111
180
-
-
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
10
-
-
total
241
390
-
-
Dividends
500
810
-
-
withholding
122
199
-
-
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
129
210
-
-
Income
1 200
1 200
1 200
1 200
Total tax
473
600
408
536
After tax
727
600
792
664
Living cost
355
355
355
355
Free-cash
372
245
437
309

Estimated living cost  is £355 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
£244
£325
£378
£179
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.

-
-
-
1 200
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
18
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.

-
-
-
328
trade
-
-
-
134
total
-
-
-
542
Employee

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

543
-
1 200
-
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
-
328
-
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
-
18
-
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
-
408
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
657
1 200
-
-
trade
113
206
-
-
income
99
180
-
-
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
10
-
-
total
219
399
-
-
Dividends
438
801
-
-
withholding
106
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.

6
11
-
-
total
112
208
-
-
Income
1 200
1 200
1 200
1 200
Total tax
461
607
408
542
After tax
739
593
792
658
Living cost
414
414
414
414
Free-cash
325
179
378
244

Estimated living cost  is £414 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
£367
£523
£348
£552
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
-
-
-
1 200
surtax
-
-
-
37
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
240
income
-
-
-
266
other
-
-
-
-
total
-
-
-
630
Employee
304
-
991
-
unemployment
21
-
69
-
other
-
-
-
-
income
51
-
247
-
surtax
1
-
34
-
pensions
20
-
66
-
health
8
-
25
-
total
101
-
441
-
Employer
304
-
991
-
pensions
41
-
132
-
other
-
-
-
-
health
14
-
45
-
unemployment
10
-
31
-
total
65
-
208
-
Corporate
832
1 200
-
-
income
216
312
-
-
total
216
312
-
-
Dividends
616
888
-
-
withholding
92
133
-
-
total
92
133
-
-
Income
1 200
1 200
1 200
1 200
Total tax
474
445
649
630
After tax
726
755
551
570
Living cost
203
203
203
203
Free-cash
523
552
348
367

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
£371
£527
£352
£556
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
-
-
-
1 200
surtax
-
-
-
37
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
240
income
-
-
-
266
other
-
-
-
-
total
-
-
-
630
Employee
299
-
991
-
unemployment
21
-
69
-
other
-
-
-
-
income
50
-
247
-
surtax
1
-
34
-
pensions
20
-
66
-
health
8
-
25
-
total
100
-
441
-
Employer
299
-
991
-
pensions
40
-
132
-
other
-
-
-
-
health
14
-
45
-
unemployment
9
-
31
-
total
63
-
208
-
Corporate
839
1 200
-
-
income
218
312
-
-
total
218
312
-
-
Dividends
621
888
-
-
withholding
93
133
-
-
total
93
133
-
-
Income
1 200
1 200
1 200
1 200
Total tax
474
445
649
630
After tax
726
755
551
570
Living cost
199
199
199
199
Free-cash
527
556
352
371

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
£651
£498
£516
£495
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
-
-
-
1 200
unemployment
-
-
-
18
health
-
-
-
84
pensions
-
-
-
120
income
-
-
-
147
total
-
-
-
369
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
103
1 004
-
unemployment
4
2
15
-
income
32
13
123
-
pensions
26
10
100
-
health
18
7
70
-
total
80
32
308
-
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
103
1 004
-
pensions
51
20
196
-
total
51
20
196
-
Corporate
889
1 076
-
-
income
80
97
-
-
total
80
97
-
-
Dividends
809
979
-
-
withholding
154
186
-
-
social contributions
157
190
-
-
total
311
376
-
-
Income
1 200
1 200
1 200
1 200
Total tax
522
525
504
369
After tax
678
675
696
831
Living cost
180
180
180
180
Free-cash
498
495
516
651

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
£277
£305
£287
£312
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
-
-
-
1 200
national
-
-
-
200
pensions
-
-
-
144
social contributions
-
-
-
13
municipal
-
-
-
129
total
-
-
-
486
Employee
677
-
1 037
-
municipal
84
-
134
-
national
130
-
207
-
pensions
27
-
41
-
total
241
-
382
-
Employer
677
-
1 037
-
pensions
54
-
83
-
social contributions
7
-
11
-
total
61
-
94
-
Corporate
417
1 200
-
-
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%.

83
240
-
-
total
83
240
-
-
Dividends
333
960
-
-
withholding
73
211
-
-
total
73
211
-
-
Income
1 200
1 200
1 200
1 200
Total tax
458
451
476
486
After tax
742
749
724
714
Living cost
437
437
437
437
Free-cash
305
312
287
277

Estimated living cost  is £437 per week

£297
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
£242
£346
£242
£326
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
-
-
-
1 200
social contributions
-
-
-
113
income
-
-
-
331
total
-
-
-
444
Employee
706
-
1 200
-
social contributions
59
-
113
-
income
133
-
331
-
total
192
-
444
-
Employer
706
-
1 200
-
total
-
-
-
-
Corporate
494
1 200
-
-
income
62
150
-
-
total
62
150
-
-
Dividends
432
1 050
-
-
withholding
86
210
-
-
total
86
210
-
-
Income
1 200
1 200
1 200
1 200
Total tax
340
360
444
444
After tax
860
840
756
756
Living cost
514
514
514
514
Free-cash
346
326
242
242

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
£213
£211
£157
£259
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
-
-
-
1 200
national
-
-
-
276
regional
-
-
-
14
social contributions
-
-
-
309
municipal
-
-
-
7
total
-
-
-
606
Employee
802
-
1 200
-
municipal
4
-
6
-
national
139
-
239
-
social contributions
271
-
405
-
regional
8
-
12
-
total
422
-
662
-
Employer
802
-
1 200
-
total
-
-
-
-
Corporate
398
1 200
-
-
nationa
95
288
-
-
municipal
16
47
-
-
total
111
335
-
-
Dividends
287
865
-
-
withholding
75
225
-
-
total
75
225
-
-
Income
1 200
1 200
1 200
1 200
Total tax
608
560
662
606
After tax
592
640
538
594
Living cost
381
381
381
381
Free-cash
211
259
157
213

Estimated living cost  is £381 per week

£266
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.
£85
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
£347
£367
£291
£387
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
-
-
-
1 200
national
-
-
-
276
regional
-
-
-
18
social contributions
-
-
-
309
municipal
-
-
-
7
total
-
-
-
610
Employee
501
-
1 200
-
municipal
3
-
6
-
national
79
-
239
-
social contributions
169
-
405
-
regional
7
-
16
-
total
258
-
666
-
Employer
501
-
1 200
-
total
-
-
-
-
Corporate
699
1 200
-
-
nationa
168
288
-
-
municipal
35
60
-
-
total
203
348
-
-
Dividends
497
852
-
-
withholding
129
222
-
-
total
129
222
-
-
Income
1 200
1 200
1 200
1 200
Total tax
590
570
666
610
After tax
610
630
534
590
Living cost
243
243
243
243
Free-cash
367
387
291
347

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