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
£ 1250
per

Your estimated
City
free-cash

Andorra , Andorra
£662
£824
£695
£855
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
-
-
-
1 250
social contributions
-
-
-
275
income
-
-
-
43
total
-
-
-
318
Employee
288
-
1 082
-
social contributions
19
-
70
-
income
-
-
47
-
total
19
-
117
-
Employer
288
-
1 082
-
social contributions
45
-
168
-
total
45
-
168
-
Corporate
917
1 250
-
-
income
92
125
-
-
total
92
125
-
-
Dividends
825
1 125
-
-
total
-
-
-
-
Income
1 250
1 250
1 250
1 250
Total tax
156
125
285
318
After tax
1 094
1 125
965
932
Living cost
270
270
270
270
Free-cash
824
855
695
662

Estimated living cost  is £270 per week

£174
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
£350
£404
£47
£408
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
-
-
-
1 250
surtax
-
-
-
-
unemployment
-
-
-
55
health
-
-
-
80
chamber of commerce
-
-
-
5
pensions
-
-
-
194
income
-
-
-
280
total
-
-
-
614
Employee
392
358
971
-
unemployment
12
11
29
-
other
4
4
10
-
income
35
26
227
-
pensions
40
37
99
-
health
15
14
38
-
total
106
92
403
-
Employer
392
358
971
-
pensions
49
45
122
-
surtax
-
-
-
-
payroll
12
11
29
-
other
19
17
46
-
health
15
14
37
-
accident
5
5
13
-
unemployment
12
11
29
-
chamber of commerce
2
1
4
-
total
114
104
280
-
Corporate
745
790
937
-
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.

186
197
234
-
total
186
197
234
-
Dividends
559
592
-
-
withholding
154
163
-
-
total
154
163
-
-
Income
1 250
1 250
1 250
1 250
Total tax
560
556
917
614
After tax
690
694
333
636
Living cost
286
286
286
286
Free-cash
404
408
47
350

Estimated living cost  is £286 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.
£80
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
£318
£367
£16
£377
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
-
-
-
1 250
surtax
-
-
-
2
unemployment
-
-
-
55
health
-
-
-
80
chamber of commerce
-
-
-
5
pensions
-
-
-
194
income
-
-
-
280
total
-
-
-
616
Employee
448
358
969
-
unemployment
13
11
29
-
other
4
4
10
-
income
51
26
226
-
pensions
46
37
99
-
health
17
14
38
-
total
131
92
402
-
Employer
448
358
969
-
pensions
56
45
122
-
surtax
2
2
2
-
payroll
13
11
29
-
other
21
17
46
-
health
17
14
37
-
accident
6
5
13
-
unemployment
13
11
29
-
chamber of commerce
2
1
4
-
total
130
106
282
-
Corporate
671
788
935
-
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.

168
197
234
-
total
168
197
234
-
Dividends
503
591
-
-
withholding
138
162
-
-
total
138
162
-
-
Income
1 250
1 250
1 250
1 250
Total tax
567
557
918
616
After tax
683
693
332
634
Living cost
316
316
316
316
Free-cash
367
377
16
318

Estimated living cost  is £316 per week

£211
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
£225
£240
£130
£373
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
-
-
-
1 250
national
-
-
-
438
communal

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

-
-
-
63
social contributions
-
-
-
197
total
-
-
-
698
Employee

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

642
-
968
-
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
197
-
333
-
communal

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

33
-
50
-
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
-
73
-
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
-
46
-
total
314
-
510
-
Employer

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

642
-
968
-
surtax
73
-
110
-
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
-
86
-
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.

39
-
60
-
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
-
13
-
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
186
-
283
-
Corporate
421
1 250
-
-
income
84
250
-
-
surtax
2
5
-
-
total
86
255
-
-
Dividends
335
995
-
-
withholding

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

97
295
-
-
total
97
295
-
-
Income
1 250
1 250
1 250
1 250
Total tax
683
550
793
698
After tax
567
700
457
552
Living cost
327
327
327
327
Free-cash
240
373
130
225

Estimated living cost  is £327 per week

£211
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
£825
£861
£869
£914
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
-
-
-
1 250
unemployment
-
-
-
1
health
-
-
-
36
pensions

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

-
-
-
46
income
-
-
-
187
total
-
-
-
270
Employee
205
-
1 188
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
20
-
119
-
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
49
-
164
-
Employer
205
-
1 188
-
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
1 005
1 250
-
-
income
100
125
-
-
total
100
125
-
-
Dividends
905
1 125
-
-
withholding
45
56
-
-
total
45
56
-
-
Income
1 250
1 250
1 250
1 250
Total tax
234
181
226
270
After tax
1 016
1 069
1 024
980
Living cost
155
155
155
155
Free-cash
861
914
869
825

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
£862
£908
£906
£951
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
-
-
-
1 250
unemployment
-
-
-
1
health
-
-
-
36
pensions

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

-
-
-
46
income
-
-
-
187
total
-
-
-
270
Employee
156
-
1 188
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
16
-
119
-
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
-
164
-
Employer
156
-
1 188
-
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
1 063
1 250
-
-
income
106
125
-
-
total
106
125
-
-
Dividends
957
1 125
-
-
withholding
48
56
-
-
total
48
56
-
-
Income
1 250
1 250
1 250
1 250
Total tax
224
181
226
270
After tax
1 026
1 069
1 024
980
Living cost
118
118
118
118
Free-cash
908
951
906
862

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
£663
£657
£651
£705
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
-
-
-
1 250
health
-
-
-
32
social contributions
-
-
-
145
income
-
-
-
202
total
-
-
-
379
Employee
690
690
1 151
-
income
75
64
196
-
social contributions
26
57
77
-
health
5
12
20
-
total
106
133
293
-
Employer
690
690
1 151
-
social contributions
26
57
77
-
health
6
13
21
-
total
32
70
98
-
Corporate
904
490
-
-
income
113
61
-
-
total
113
61
-
-
Dividends
791
429
-
-
withholding
134
73
-
-
total
134
73
-
-
Income
1 250
1 250
1 250
1 250
Total tax
385
337
391
379
After tax
865
913
859
871
Living cost
208
208
208
208
Free-cash
657
705
651
663

Estimated living cost  is £208 per week

£124
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
£580
£584
£568
£622
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
-
-
-
1 250
health
-
-
-
32
social contributions
-
-
-
145
income
-
-
-
202
total
-
-
-
379
Employee
690
690
1 151
-
income
72
64
196
-
social contributions
34
57
77
-
health
7
12
20
-
total
113
133
293
-
Employer
690
690
1 151
-
social contributions
34
57
77
-
health
7
13
21
-
total
41
70
98
-
Corporate
805
490
-
-
income
101
61
-
-
total
101
61
-
-
Dividends
705
429
-
-
withholding
120
73
-
-
total
120
73
-
-
Income
1 250
1 250
1 250
1 250
Total tax
375
337
391
379
After tax
875
913
859
871
Living cost
291
291
291
291
Free-cash
584
622
568
580

Estimated living cost  is £291 per week

£199
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.
£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
Brno , Czech Republic
£459
£580
£427
£653
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
-
-
-
1 250
health
-
-
-
169
social contributions
-
-
-
298
income
-
-
-
117
solidarity contribution
-
-
-
-
total
-
-
-
584
Employee
305
-
933
-
income
37
-
112
-
social contributions
20
-
61
-
health
41
-
126
-
solidarity contribution
-
-
-
-
total
98
-
299
-
Employer
305
-
933
-
social contributions
76
-
233
-
health
27
-
84
-
total
103
-
317
-
Corporate
841
1 250
-
-
income
160
238
-
-
total
160
238
-
-
Dividends
682
1 012
-
-
withholding
102
152
-
-
total
102
152
-
-
Income
1 250
1 250
1 250
1 250
Total tax
463
390
616
584
After tax
787
860
634
666
Living cost
207
207
207
207
Free-cash
580
653
427
459

Estimated living cost  is £207 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.
£44
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
£411
£514
£379
£605
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
-
-
-
1 250
health
-
-
-
169
social contributions
-
-
-
298
income
-
-
-
117
solidarity contribution
-
-
-
-
total
-
-
-
584
Employee
376
-
933
-
income
45
-
112
-
social contributions
24
-
61
-
health
51
-
126
-
solidarity contribution
-
-
-
-
total
120
-
299
-
Employer
376
-
933
-
social contributions
94
-
233
-
health
34
-
84
-
total
128
-
317
-
Corporate
747
1 250
-
-
income
142
238
-
-
total
142
238
-
-
Dividends
605
1 012
-
-
withholding
91
152
-
-
total
91
152
-
-
Income
1 250
1 250
1 250
1 250
Total tax
481
390
616
584
After tax
769
860
634
666
Living cost
255
255
255
255
Free-cash
514
605
379
411

Estimated living cost  is £255 per week

£190
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
£324
-£710
-£710
-£710
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
-
-
-
1 250
national
-
-
-
136
pensions
-
-
-
8
municipal
-
-
-
250
labour market
-
-
-
99
total
-
-
-
493
Employee
1 829
1 829
1 829
-
municipal
390
390
390
-
national
223
223
223
-
pensions
3
3
3
-
labour market
146
146
146
-
total
762
762
762
-
Employer
1 829
1 829
1 829
-
pensions
5
5
5
-
labour market
146
146
146
-
municipal
390
390
390
-
national
224
224
224
-
total
765
765
765
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
1 250
1 250
1 250
1 250
Total tax
1 527
1 527
1 527
493
After tax
-277
-277
-277
757
Living cost
433
433
433
433
Free-cash
-710
-710
-710
324

Estimated living cost  is £433 per week

£297
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
£454
£727
£504
£783
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
-
-
-
1 250
health
-
-
-
162
pensions
-
-
-
250
income
-
-
-
167
total
-
-
-
579
Employee
255
-
934
-
unemployment
4
-
15
-
income
29
-
180
-
pensions
5
-
19
-
total
38
-
214
-
Employer
255
-
934
-
pensions
51
-
187
-
health
33
-
121
-
unemployment
2
-
7
-
total
86
-
315
-
Corporate
909
1 250
-
-
income
182
250
-
-
total
182
250
-
-
Dividends
728
1 000
-
-
total
-
-
-
-
Income
1 250
1 250
1 250
1 250
Total tax
306
250
529
579
After tax
944
1 000
721
671
Living cost
217
217
217
217
Free-cash
727
783
504
454

Estimated living cost  is £217 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
£504
£470
£334
£460
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

-
-
-
1 250
national
-
-
-
164
health
-
-
-
16
municipal
-
-
-
222
total
-
-
-
402
Employee
472
-
1 052
-
unemployment
7
-
16
-
municipal
77
-
171
-
national
8
-
104
-
pensions
32
-
71
-
health
4
-
12
-
total
128
-
374
-
Employer
472
-
1 052
-
pensions
82
-
182
-
health
4
-
8
-
accident
-
-
1
-
unemployment
3
-
7
-
total
89
-
198
-
Corporate
689
1 250
-
-
income
138
250
-
-
total
138
250
-
-
Dividends

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

413
750
-
-
municipal
74
135
-
-
national
7
61
-
-
total
81
196
-
-
Income
1 250
1 250
1 250
1 250
Total tax
436
446
572
402
After tax
814
804
678
848
Living cost
344
344
344
344
Free-cash
470
460
334
504

Estimated living cost  is £344 per week

£225
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.
£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
£432
£402
£448
£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
-
-
-
1 250
surtax
-
-
-
-
health
-
-
-
43
pensions
-
-
-
254
social contributions
-
-
-
36
income
-
-
-
169
other
-
-
-
39
total
-
-
-
541
Employee
343
-
987
-
income
18
-
174
-
surtax
-
-
-
-
social contributions
10
-
28
-
pensions
39
-
60
-
total
67
-
262
-
Employer
343
-
987
-
pensions
56
-
103
-
social contributions
1
-
3
-
other
12
-
35
-
health
24
-
82
-
unemployment
14
-
40
-
total
107
-
263
-
Corporate
800
1 250
-
-
income
224
350
-
-
surtax
-
-
-
-
total
224
350
-
-
Dividends
576
900
-
-
withholding
74
115
-
-
social contributions
99
155
-
-
surtax
-
-
-
-
total
173
270
-
-
Income
1 250
1 250
1 250
1 250
Total tax
571
620
525
541
After tax
679
630
725
709
Living cost
277
277
277
277
Free-cash
402
353
448
432

Estimated living cost  is £277 per week

£160
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
£402
£376
£418
£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
-
-
-
1 250
surtax
-
-
-
-
health
-
-
-
43
pensions
-
-
-
254
social contributions
-
-
-
36
income
-
-
-
169
other
-
-
-
39
total
-
-
-
541
Employee
384
-
987
-
income
23
-
174
-
surtax
-
-
-
-
social contributions
11
-
28
-
pensions
43
-
60
-
total
77
-
262
-
Employer
384
-
987
-
pensions
63
-
103
-
social contributions
1
-
3
-
other
13
-
35
-
health
27
-
82
-
unemployment
16
-
40
-
total
120
-
263
-
Corporate
746
1 250
-
-
income
209
350
-
-
surtax
-
-
-
-
total
209
350
-
-
Dividends
537
900
-
-
withholding
69
115
-
-
social contributions
92
155
-
-
surtax
-
-
-
-
total
161
270
-
-
Income
1 250
1 250
1 250
1 250
Total tax
567
620
525
541
After tax
683
630
725
709
Living cost
307
307
307
307
Free-cash
376
323
418
402

Estimated living cost  is £307 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.
£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
Paris , France
£276
£259
£292
£197
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
-
-
-
1 250
surtax
-
-
-
-
health
-
-
-
43
pensions
-
-
-
254
social contributions
-
-
-
36
income
-
-
-
169
other
-
-
-
39
total
-
-
-
541
Employee
562
-
987
-
income
49
-
174
-
surtax
-
-
-
-
social contributions
16
-
28
-
pensions
64
-
60
-
total
129
-
262
-
Employer
562
-
987
-
pensions
92
-
103
-
social contributions
2
-
3
-
other
19
-
35
-
health
39
-
82
-
unemployment
23
-
40
-
total
175
-
263
-
Corporate
513
1 250
-
-
income
144
350
-
-
surtax
-
-
-
-
total
144
350
-
-
Dividends
369
900
-
-
withholding
47
115
-
-
social contributions
63
155
-
-
surtax
-
-
-
-
total
110
270
-
-
Income
1 250
1 250
1 250
1 250
Total tax
558
620
525
541
After tax
692
630
725
709
Living cost
433
433
433
433
Free-cash
259
197
292
276

Estimated living cost  is £433 per week

£293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£35
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
£1179
£1119
£942
£1129
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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%.

-
-
-
1 250
microenterprise

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

-
-
-
13
total
-
-
-
13
Employee
72
-
1 250
-
income
14
-
250
-
total
14
-
250
-
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%.

1 178
1 250
-
-
total
-
-
-
-
Dividends
1 178
1 250
-
-
withholding
59
63
-
-
total
59
63
-
-
Income
1 250
1 250
1 250
1 250
Total tax
73
63
250
13
After tax
1 177
1 187
1 000
1 237
Living cost
58
58
58
58
Free-cash
1 119
1 129
942
1 179

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
£1147
£1080
£910
£1097
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%.

-
-
-
1 250
microenterprise

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

-
-
-
13
total
-
-
-
13
Employee
113
-
1 250
-
income
23
-
250
-
total
23
-
250
-
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%.

1 137
1 250
-
-
total
-
-
-
-
Dividends
1 137
1 250
-
-
withholding
57
63
-
-
total
57
63
-
-
Income
1 250
1 250
1 250
1 250
Total tax
80
63
250
13
After tax
1 170
1 187
1 000
1 237
Living cost
90
90
90
90
Free-cash
1 080
1 097
910
1 147

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
£354
£415
£474
£298
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.

-
-
-
1 250
surtax

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

-
-
-
19
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.

-
-
-
61
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.

-
-
-
350
trade
-
-
-
120
total
-
-
-
550
Employee

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

446
-
1 250
-
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
-
350
-
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
-
19
-
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.

61
-
61
-
total
100
-
430
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
804
1 250
-
-
trade
115
179
-
-
income
121
188
-
-
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
246
380
-
-
Dividends
559
870
-
-
withholding
136
214
-
-
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
12
-
-
total
143
226
-
-
Income
1 250
1 250
1 250
1 250
Total tax
489
606
430
550
After tax
761
644
820
700
Living cost
346
346
346
346
Free-cash
415
298
474
354

Estimated living cost  is £346 per week

£239
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
£417
£458
£548
£358
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.

-
-
-
1 250
surtax

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

-
-
-
19
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.

-
-
-
61
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.

-
-
-
350
trade
-
-
-
131
total
-
-
-
561
Employee

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

343
-
1 250
-
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
-
350
-
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
-
19
-
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.

61
-
61
-
total
72
-
430
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
907
1 250
-
-
trade
143
197
-
-
income
136
188
-
-
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
289
398
-
-
Dividends
618
852
-
-
withholding
151
210
-
-
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
12
-
-
total
159
222
-
-
Income
1 250
1 250
1 250
1 250
Total tax
520
620
430
561
After tax
730
630
820
689
Living cost
272
272
272
272
Free-cash
458
358
548
417

Estimated living cost  is £272 per week

£171
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
£331
£399
£468
£273
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.

-
-
-
1 250
surtax

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

-
-
-
19
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.

-
-
-
61
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.

-
-
-
350
trade
-
-
-
137
total
-
-
-
567
Employee

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

455
-
1 250
-
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
-
350
-
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
-
19
-
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.

61
-
61
-
total
102
-
430
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
795
1 250
-
-
trade
131
206
-
-
income
119
188
-
-
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.

7
10
-
-
total
259
407
-
-
Dividends
536
843
-
-
withholding
131
207
-
-
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
138
218
-
-
Income
1 250
1 250
1 250
1 250
Total tax
499
625
430
567
After tax
751
625
820
683
Living cost
352
352
352
352
Free-cash
399
273
468
331

Estimated living cost  is £352 per week

£236
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.
£74
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Munich , Germany
£266
£354
£409
£208
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.

-
-
-
1 250
surtax

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

-
-
-
19
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.

-
-
-
61
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.

-
-
-
350
trade
-
-
-
143
total
-
-
-
573
Employee

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

539
-
1 250
-
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.

63
-
350
-
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.

3
-
19
-
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.

61
-
61
-
total
127
-
430
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
711
1 250
-
-
trade
122
214
-
-
income
107
188
-
-
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
237
415
-
-
Dividends
474
835
-
-
withholding
115
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.

6
11
-
-
total
121
216
-
-
Income
1 250
1 250
1 250
1 250
Total tax
485
631
430
573
After tax
765
619
820
677
Living cost
411
411
411
411
Free-cash
354
208
409
266

Estimated living cost  is £411 per week

£300
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
£391
£555
£363
£584
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
-
-
-
1 250
surtax
-
-
-
41
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
239
income
-
-
-
290
other
-
-
-
-
total
-
-
-
657
Employee
302
-
1 033
-
unemployment
21
-
72
-
other
-
-
-
-
income
51
-
264
-
surtax
1
-
36
-
pensions
20
-
69
-
health
8
-
26
-
total
101
-
467
-
Employer
302
-
1 033
-
pensions
40
-
138
-
other
-
-
-
-
health
14
-
47
-
unemployment
10
-
33
-
total
64
-
218
-
Corporate
884
1 250
-
-
income
230
325
-
-
total
230
325
-
-
Dividends
654
925
-
-
withholding
98
139
-
-
total
98
139
-
-
Income
1 250
1 250
1 250
1 250
Total tax
493
464
685
657
After tax
757
786
565
593
Living cost
202
202
202
202
Free-cash
555
584
363
391

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
£395
£558
£367
£588
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
-
-
-
1 250
surtax
-
-
-
41
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
239
income
-
-
-
290
other
-
-
-
-
total
-
-
-
657
Employee
297
-
1 033
-
unemployment
21
-
72
-
other
-
-
-
-
income
50
-
264
-
surtax
1
-
36
-
pensions
20
-
69
-
health
8
-
26
-
total
100
-
467
-
Employer
297
-
1 033
-
pensions
40
-
138
-
other
-
-
-
-
health
14
-
47
-
unemployment
9
-
33
-
total
63
-
218
-
Corporate
891
1 250
-
-
income
232
325
-
-
total
232
325
-
-
Dividends
659
925
-
-
withholding
99
139
-
-
total
99
139
-
-
Income
1 250
1 250
1 250
1 250
Total tax
494
464
685
657
After tax
756
786
565
593
Living cost
198
198
198
198
Free-cash
558
588
367
395

Estimated living cost  is £198 per week

£121
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
£685
£525
£544
£523
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
-
-
-
1 250
unemployment
-
-
-
19
health
-
-
-
88
pensions
-
-
-
125
income
-
-
-
153
total
-
-
-
385
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.

259
103
1 046
-
unemployment
4
2
16
-
income
32
13
128
-
pensions
26
10
105
-
health
18
7
73
-
total
80
32
322
-
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.

259
103
1 046
-
pensions
51
20
204
-
total
51
20
204
-
Corporate
940
1 127
-
-
income
85
101
-
-
total
85
101
-
-
Dividends
856
1 025
-
-
withholding
163
195
-
-
social contributions
166
199
-
-
total
329
394
-
-
Income
1 250
1 250
1 250
1 250
Total tax
545
547
526
385
After tax
705
703
724
865
Living cost
180
180
180
180
Free-cash
525
523
544
685

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
£310
£340
£319
£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
-
-
-
1 250
national
-
-
-
209
pensions
-
-
-
150
social contributions
-
-
-
13
municipal
-
-
-
135
total
-
-
-
507
Employee
671
-
1 081
-
municipal
83
-
140
-
national
128
-
217
-
pensions
27
-
43
-
total
238
-
400
-
Employer
671
-
1 081
-
pensions
54
-
86
-
social contributions
7
-
12
-
total
61
-
98
-
Corporate
474
1 250
-
-
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%.

95
250
-
-
total
95
250
-
-
Dividends
379
1 000
-
-
withholding
83
220
-
-
total
83
220
-
-
Income
1 250
1 250
1 250
1 250
Total tax
477
470
498
507
After tax
773
780
752
743
Living cost
433
433
433
433
Free-cash
340
347
319
310

Estimated living cost  is £433 per week

£294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£40
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£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.
£92
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Dublin , Ireland
£186
£384
£186
£364
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
-
-
-
1 250
social contributions
-
-
-
201
income
-
-
-
352
total
-
-
-
553
Employee
702
-
1 250
-
social contributions
58
-
201
-
income
132
-
352
-
total
190
-
553
-
Employer
702
-
1 250
-
total
-
-
-
-
Corporate
548
1 250
-
-
income
69
156
-
-
total
69
156
-
-
Dividends
480
1 094
-
-
withholding
96
219
-
-
total
96
219
-
-
Income
1 250
1 250
1 250
1 250
Total tax
355
375
553
553
After tax
895
875
697
697
Living cost
511
511
511
511
Free-cash
384
364
186
186

Estimated living cost  is £511 per week

£389
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.
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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
£239
£240
£177
£288
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 250
national
-
-
-
290
regional
-
-
-
14
social contributions
-
-
-
321
municipal
-
-
-
7
total
-
-
-
632
Employee
797
-
1 250
-
municipal
4
-
7
-
national
138
-
252
-
social contributions
269
-
422
-
regional
8
-
13
-
total
419
-
694
-
Employer
797
-
1 250
-
total
-
-
-
-
Corporate
453
1 250
-
-
nationa
109
300
-
-
municipal
18
49
-
-
total
127
349
-
-
Dividends
326
901
-
-
withholding
85
234
-
-
total
85
234
-
-
Income
1 250
1 250
1 250
1 250
Total tax
631
583
694
632
After tax
619
667
556
618
Living cost
379
379
379
379
Free-cash
240
288
177
239

Estimated living cost  is £379 per week

£264
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
£371
£394
£310
£415
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
-
-
-
1 250
national
-
-
-
290
regional
-
-
-
19
social contributions
-
-
-
321
municipal
-
-
-
7
total
-
-
-
637
Employee
498
-
1 250
-
municipal
3
-
7
-
national
79
-
252
-
social contributions
168
-
422
-
regional
7
-
17
-
total
257
-
698
-
Employer
498
-
1 250
-
total
-
-
-
-
Corporate
752
1 250
-
-
nationa
181
300
-
-
municipal
37
62
-
-
total
218
362
-
-
Dividends
534
888
-
-
withholding
139
231
-
-
total
139
231
-
-
Income
1 250
1 250
1 250
1 250
Total tax
614
593
698
637
After tax
636
657
552
613
Living cost
242
242
242
242
Free-cash
394
415
310
371

Estimated living cost  is £242 per week

£150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£24
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