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
£ 1300
per

Your estimated
City
free-cash

Andorra , Andorra
£696
£868
£731
£899
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
-
-
-
1 300
social contributions
-
-
-
286
income
-
-
-
47
total
-
-
-
333
Employee
289
-
1 126
-
social contributions
19
-
73
-
income
-
-
51
-
total
19
-
124
-
Employer
289
-
1 126
-
social contributions
45
-
174
-
total
45
-
174
-
Corporate
966
1 300
-
-
income
97
130
-
-
total
97
130
-
-
Dividends
869
1 170
-
-
total
-
-
-
-
Income
1 300
1 300
1 300
1 300
Total tax
161
130
298
333
After tax
1 139
1 170
1 002
967
Living cost
271
271
271
271
Free-cash
868
899
731
696

Estimated living cost  is £271 per week

£175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£70
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Graz , Austria
£378
£431
£57
£435
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
-
-
-
1 300
surtax
-
-
-
-
unemployment
-
-
-
55
health
-
-
-
80
chamber of commerce
-
-
-
5
pensions
-
-
-
195
income
-
-
-
300
total
-
-
-
635
Employee
394
359
1 009
-
unemployment
12
11
30
-
other
4
4
10
-
income
35
26
240
-
pensions
40
37
103
-
health
15
14
39
-
total
106
92
422
-
Employer
394
359
1 009
-
pensions
49
45
127
-
surtax
-
-
-
-
payroll
12
11
30
-
other
19
17
48
-
health
15
14
38
-
accident
5
5
13
-
unemployment
12
11
30
-
chamber of commerce
2
1
4
-
total
114
104
290
-
Corporate
793
838
975
-
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.

198
209
244
-
total
198
209
244
-
Dividends
595
628
-
-
withholding
164
173
-
-
total
164
173
-
-
Income
1 300
1 300
1 300
1 300
Total tax
582
578
956
635
After tax
718
722
344
665
Living cost
287
287
287
287
Free-cash
431
435
57
378

Estimated living cost  is £287 per week

£172
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£29
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£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
£346
£394
£27
£404
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
-
-
-
1 300
surtax
-
-
-
2
unemployment
-
-
-
55
health
-
-
-
80
chamber of commerce
-
-
-
5
pensions
-
-
-
195
income
-
-
-
300
total
-
-
-
637
Employee
450
359
1 008
-
unemployment
13
11
30
-
other
4
4
10
-
income
51
26
239
-
pensions
46
37
103
-
health
17
14
39
-
total
131
92
421
-
Employer
450
359
1 008
-
pensions
56
45
127
-
surtax
2
2
2
-
payroll
13
11
30
-
other
21
17
48
-
health
17
14
38
-
accident
6
5
13
-
unemployment
13
11
30
-
chamber of commerce
2
1
4
-
total
130
106
292
-
Corporate
719
836
974
-
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.

180
209
243
-
total
180
209
243
-
Dividends
539
627
-
-
withholding
148
172
-
-
total
148
172
-
-
Income
1 300
1 300
1 300
1 300
Total tax
589
579
956
637
After tax
711
721
344
663
Living cost
317
317
317
317
Free-cash
394
404
27
346

Estimated living cost  is £317 per week

£212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£27
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£73
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Brussels , Belgium
£242
£264
£145
£400
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 300
national
-
-
-
460
communal

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

-
-
-
66
social contributions
-
-
-
204
total
-
-
-
730
Employee

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

644
-
1 007
-
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
-
9
-
national
198
-
349
-
communal

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

34
-
53
-
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
-
76
-
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
-
47
-
total
316
-
534
-
Employer

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

644
-
1 007
-
surtax
73
-
114
-
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
-
89
-
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
-
62
-
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
-
15
-
total
187
-
293
-
Corporate
469
1 300
-
-
income
94
260
-
-
surtax
2
5
-
-
total
96
265
-
-
Dividends
373
1 035
-
-
withholding

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

109
307
-
-
total
109
307
-
-
Income
1 300
1 300
1 300
1 300
Total tax
708
572
827
730
After tax
592
728
473
570
Living cost
328
328
328
328
Free-cash
264
400
145
242

Estimated living cost  is £328 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
£867
£903
£914
£957
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
-
-
-
1 300
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
-
-
-
195
total
-
-
-
278
Employee
205
-
1 238
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
20
-
124
-
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
-
169
-
Employer
205
-
1 238
-
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
1 055
1 300
-
-
income
106
130
-
-
total
106
130
-
-
Dividends
950
1 170
-
-
withholding
47
58
-
-
total
47
58
-
-
Income
1 300
1 300
1 300
1 300
Total tax
242
188
231
278
After tax
1 058
1 112
1 069
1 022
Living cost
155
155
155
155
Free-cash
903
957
914
867

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
£904
£951
£951
£994
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
-
-
-
1 300
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
-
-
-
195
total
-
-
-
278
Employee
156
-
1 238
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
16
-
124
-
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
-
169
-
Employer
156
-
1 238
-
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
1 113
1 300
-
-
income
111
130
-
-
total
111
130
-
-
Dividends
1 002
1 170
-
-
withholding
50
58
-
-
total
50
58
-
-
Income
1 300
1 300
1 300
1 300
Total tax
231
188
231
278
After tax
1 069
1 112
1 069
1 022
Living cost
118
118
118
118
Free-cash
951
994
951
904

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
£695
£693
£682
£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
-
-
-
1 300
health
-
-
-
33
social contributions
-
-
-
146
income
-
-
-
218
total
-
-
-
397
Employee
692
692
1 200
-
income
75
64
212
-
social contributions
26
57
78
-
health
5
12
20
-
total
106
133
310
-
Employer
692
692
1 200
-
social contributions
26
57
78
-
health
6
13
22
-
total
32
70
100
-
Corporate
953
537
-
-
income
119
67
-
-
total
119
67
-
-
Dividends
834
470
-
-
withholding
142
80
-
-
total
142
80
-
-
Income
1 300
1 300
1 300
1 300
Total tax
399
350
410
397
After tax
901
950
890
903
Living cost
208
208
208
208
Free-cash
693
742
682
695

Estimated living cost  is £208 per week

£125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
£611
£618
£598
£658
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
-
-
-
1 300
health
-
-
-
33
social contributions
-
-
-
146
income
-
-
-
218
total
-
-
-
397
Employee
692
692
1 200
-
income
73
64
212
-
social contributions
34
57
78
-
health
7
12
20
-
total
114
133
310
-
Employer
692
692
1 200
-
social contributions
34
57
78
-
health
8
13
22
-
total
42
70
100
-
Corporate
854
537
-
-
income
107
67
-
-
total
107
67
-
-
Dividends
747
470
-
-
withholding
127
80
-
-
total
127
80
-
-
Income
1 300
1 300
1 300
1 300
Total tax
390
350
410
397
After tax
910
950
890
903
Living cost
292
292
292
292
Free-cash
618
658
598
611

Estimated living cost  is £292 per week

£200
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£23
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£65
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Brno , Czech Republic
£492
£612
£452
£687
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
-
-
-
1 300
health
-
-
-
176
social contributions
-
-
-
300
income
-
-
-
124
solidarity contribution
-
-
-
-
total
-
-
-
600
Employee
306
-
970
-
income
37
-
116
-
social contributions
20
-
63
-
health
41
-
131
-
solidarity contribution
-
-
-
-
total
98
-
310
-
Employer
306
-
970
-
social contributions
77
-
243
-
health
28
-
87
-
total
105
-
330
-
Corporate
890
1 300
-
-
income
169
247
-
-
total
169
247
-
-
Dividends
721
1 053
-
-
withholding
108
158
-
-
total
108
158
-
-
Income
1 300
1 300
1 300
1 300
Total tax
480
405
640
600
After tax
820
895
660
700
Living cost
208
208
208
208
Free-cash
612
687
452
492

Estimated living cost  is £208 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
£444
£547
£404
£639
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
-
-
-
1 300
health
-
-
-
176
social contributions
-
-
-
300
income
-
-
-
124
solidarity contribution
-
-
-
-
total
-
-
-
600
Employee
377
-
970
-
income
45
-
116
-
social contributions
25
-
63
-
health
51
-
131
-
solidarity contribution
-
-
-
-
total
121
-
310
-
Employer
377
-
970
-
social contributions
94
-
243
-
health
34
-
87
-
total
128
-
330
-
Corporate
795
1 300
-
-
income
151
247
-
-
total
151
247
-
-
Dividends
644
1 053
-
-
withholding
97
158
-
-
total
97
158
-
-
Income
1 300
1 300
1 300
1 300
Total tax
497
405
640
600
After tax
803
895
660
700
Living cost
256
256
256
256
Free-cash
547
639
404
444

Estimated living cost  is £256 per week

£191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£14
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£47
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Copenhagen , Denmark
£349
-£668
-£668
-£668
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
-
-
-
1 300
national
-
-
-
143
pensions
-
-
-
8
municipal
-
-
-
262
labour market
-
-
-
103
total
-
-
-
516
Employee
1 835
1 835
1 835
-
municipal
391
391
391
-
national
224
224
224
-
pensions
3
3
3
-
labour market
147
147
147
-
total
765
765
765
-
Employer
1 835
1 835
1 835
-
pensions
5
5
5
-
labour market
147
147
147
-
municipal
391
391
391
-
national
225
225
225
-
total
768
768
768
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
1 300
1 300
1 300
1 300
Total tax
1 533
1 533
1 533
516
After tax
-233
-233
-233
784
Living cost
435
435
435
435
Free-cash
-668
-668
-668
349

Estimated living cost  is £435 per week

£298
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£38
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£92
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
£480
£767
£533
£823
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
-
-
-
1 300
health
-
-
-
169
pensions
-
-
-
260
income
-
-
-
174
total
-
-
-
603
Employee
255
-
972
-
unemployment
4
-
16
-
income
29
-
187
-
pensions
5
-
19
-
total
38
-
222
-
Employer
255
-
972
-
pensions
51
-
194
-
health
33
-
126
-
unemployment
2
-
8
-
total
86
-
328
-
Corporate
958
1 300
-
-
income
192
260
-
-
total
192
260
-
-
Dividends
767
1 040
-
-
total
-
-
-
-
Income
1 300
1 300
1 300
1 300
Total tax
316
260
550
603
After tax
984
1 040
750
697
Living cost
217
217
217
217
Free-cash
767
823
533
480

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
£533
£501
£355
£487
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

-
-
-
1 300
national
-
-
-
174
health
-
-
-
16
municipal
-
-
-
231
total
-
-
-
421
Employee
474
-
1 094
-
unemployment
7
-
16
-
municipal
78
-
178
-
national
8
-
112
-
pensions
32
-
74
-
health
4
-
13
-
total
129
-
393
-
Employer
474
-
1 094
-
pensions
82
-
190
-
health
4
-
8
-
accident
-
-
1
-
unemployment
3
-
7
-
total
89
-
206
-
Corporate
737
1 300
-
-
income
147
260
-
-
total
147
260
-
-
Dividends

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

442
780
-
-
municipal
80
140
-
-
national
8
67
-
-
total
88
207
-
-
Income
1 300
1 300
1 300
1 300
Total tax
453
467
599
421
After tax
847
833
701
879
Living cost
346
346
346
346
Free-cash
501
487
355
533

Estimated living cost  is £346 per week

£226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£33
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£81
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Marseille , France
£460
£426
£469
£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
-
-
-
1 300
surtax
-
-
-
-
health
-
-
-
46
pensions
-
-
-
259
social contributions
-
-
-
37
income
-
-
-
180
other
-
-
-
40
total
-
-
-
562
Employee
344
-
1 023
-
income
18
-
184
-
surtax
-
-
-
-
social contributions
10
-
29
-
pensions
39
-
64
-
total
67
-
277
-
Employer
344
-
1 023
-
pensions
57
-
109
-
social contributions
1
-
3
-
other
12
-
37
-
health
24
-
86
-
unemployment
14
-
41
-
total
108
-
276
-
Corporate
849
1 300
-
-
income
238
364
-
-
surtax
-
-
-
-
total
238
364
-
-
Dividends
611
936
-
-
withholding
78
120
-
-
social contributions
105
161
-
-
surtax
-
-
-
-
total
183
281
-
-
Income
1 300
1 300
1 300
1 300
Total tax
596
645
553
562
After tax
704
655
747
738
Living cost
278
278
278
278
Free-cash
426
377
469
460

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
£430
£401
£439
£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
-
-
-
1 300
surtax
-
-
-
-
health
-
-
-
46
pensions
-
-
-
259
social contributions
-
-
-
37
income
-
-
-
180
other
-
-
-
40
total
-
-
-
562
Employee
385
-
1 023
-
income
23
-
184
-
surtax
-
-
-
-
social contributions
11
-
29
-
pensions
44
-
64
-
total
78
-
277
-
Employer
385
-
1 023
-
pensions
63
-
109
-
social contributions
1
-
3
-
other
13
-
37
-
health
27
-
86
-
unemployment
16
-
41
-
total
120
-
276
-
Corporate
794
1 300
-
-
income
222
364
-
-
surtax
-
-
-
-
total
222
364
-
-
Dividends
572
936
-
-
withholding
73
120
-
-
social contributions
98
161
-
-
surtax
-
-
-
-
total
171
281
-
-
Income
1 300
1 300
1 300
1 300
Total tax
591
645
553
562
After tax
709
655
747
738
Living cost
308
308
308
308
Free-cash
401
347
439
430

Estimated living cost  is £308 per week

£194
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£84
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Paris , France
£303
£282
£312
£220
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
-
-
-
1 300
surtax
-
-
-
-
health
-
-
-
46
pensions
-
-
-
259
social contributions
-
-
-
37
income
-
-
-
180
other
-
-
-
40
total
-
-
-
562
Employee
564
-
1 023
-
income
49
-
184
-
surtax
-
-
-
-
social contributions
16
-
29
-
pensions
64
-
64
-
total
129
-
277
-
Employer
564
-
1 023
-
pensions
93
-
109
-
social contributions
2
-
3
-
other
19
-
37
-
health
39
-
86
-
unemployment
23
-
41
-
total
176
-
276
-
Corporate
560
1 300
-
-
income
157
364
-
-
surtax
-
-
-
-
total
157
364
-
-
Dividends
403
936
-
-
withholding
52
120
-
-
social contributions
69
161
-
-
surtax
-
-
-
-
total
121
281
-
-
Income
1 300
1 300
1 300
1 300
Total tax
583
645
553
562
After tax
717
655
747
738
Living cost
435
435
435
435
Free-cash
282
220
312
303

Estimated living cost  is £435 per week

£294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£36
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£99
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
£1229
£1167
£982
£1177
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%.

-
-
-
1 300
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
-
1 300
-
income
14
-
260
-
total
14
-
260
-
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%.

1 228
1 300
-
-
total
-
-
-
-
Dividends
1 228
1 300
-
-
withholding
61
65
-
-
total
61
65
-
-
Income
1 300
1 300
1 300
1 300
Total tax
75
65
260
13
After tax
1 225
1 235
1 040
1 287
Living cost
58
58
58
58
Free-cash
1 167
1 177
982
1 229

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
£1197
£1128
£950
£1145
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%.

-
-
-
1 300
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
-
1 300
-
income
23
-
260
-
total
23
-
260
-
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%.

1 187
1 300
-
-
total
-
-
-
-
Dividends
1 187
1 300
-
-
withholding
59
65
-
-
total
59
65
-
-
Income
1 300
1 300
1 300
1 300
Total tax
82
65
260
13
After tax
1 218
1 235
1 040
1 287
Living cost
90
90
90
90
Free-cash
1 128
1 145
950
1 197

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
£374
£438
£500
£321
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.

-
-
-
1 300
surtax

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

-
-
-
20
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.

-
-
-
370
trade
-
-
-
126
total
-
-
-
578
Employee

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

448
-
1 300
-
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
-
370
-
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
-
20
-
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
-
452
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
852
1 300
-
-
trade
122
187
-
-
income
128
195
-
-
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
11
-
-
total
260
396
-
-
Dividends
592
904
-
-
withholding
145
223
-
-
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
153
235
-
-
Income
1 300
1 300
1 300
1 300
Total tax
514
631
452
578
After tax
786
669
848
722
Living cost
348
348
348
348
Free-cash
438
321
500
374

Estimated living cost  is £348 per week

£240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£37
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£65
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Dresden , Germany
£436
£481
£575
£383
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.

-
-
-
1 300
surtax

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

-
-
-
20
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.

-
-
-
370
trade
-
-
-
139
total
-
-
-
591
Employee

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

344
-
1 300
-
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
-
370
-
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
-
20
-
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
-
452
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
956
1 300
-
-
trade
151
205
-
-
income
143
195
-
-
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.

8
11
-
-
total
305
414
-
-
Dividends
651
886
-
-
withholding
159
218
-
-
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.

9
12
-
-
total
168
230
-
-
Income
1 300
1 300
1 300
1 300
Total tax
546
644
452
591
After tax
754
656
848
709
Living cost
273
273
273
273
Free-cash
481
383
575
436

Estimated living cost  is £273 per week

£172
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£32
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Hamburg , Germany
£349
£420
£494
£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

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

-
-
-
1 300
surtax

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

-
-
-
20
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.

-
-
-
370
trade
-
-
-
145
total
-
-
-
597
Employee

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

457
-
1 300
-
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
-
370
-
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
-
20
-
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
-
452
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
843
1 300
-
-
trade
139
214
-
-
income
127
195
-
-
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
11
-
-
total
276
423
-
-
Dividends
569
877
-
-
withholding
139
216
-
-
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
147
228
-
-
Income
1 300
1 300
1 300
1 300
Total tax
526
651
452
597
After tax
774
649
848
703
Living cost
354
354
354
354
Free-cash
420
295
494
349

Estimated living cost  is £354 per week

£237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£37
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£75
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Munich , Germany
£285
£376
£436
£230
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.

-
-
-
1 300
surtax

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

-
-
-
20
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.

-
-
-
370
trade
-
-
-
151
total
-
-
-
603
Employee

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

541
-
1 300
-
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
-
370
-
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
-
20
-
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
-
452
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
759
1 300
-
-
trade
130
223
-
-
income
114
195
-
-
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
11
-
-
total
252
432
-
-
Dividends
506
868
-
-
withholding
123
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
130
226
-
-
Income
1 300
1 300
1 300
1 300
Total tax
512
658
452
603
After tax
788
642
848
697
Living cost
412
412
412
412
Free-cash
376
230
436
285

Estimated living cost  is £412 per week

£301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£33
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£73
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Athens , Greece
£416
£586
£380
£616
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
-
-
-
1 300
surtax
-
-
-
44
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
240
income
-
-
-
311
other
-
-
-
-
total
-
-
-
682
Employee
303
-
1 074
-
unemployment
21
-
75
-
other
-
-
-
-
income
51
-
279
-
surtax
1
-
39
-
pensions
20
-
72
-
health
8
-
27
-
total
101
-
492
-
Employer
303
-
1 074
-
pensions
40
-
143
-
other
-
-
-
-
health
14
-
49
-
unemployment
10
-
34
-
total
64
-
226
-
Corporate
933
1 300
-
-
income
243
338
-
-
total
243
338
-
-
Dividends
690
962
-
-
withholding
104
144
-
-
total
104
144
-
-
Income
1 300
1 300
1 300
1 300
Total tax
512
482
718
682
After tax
788
818
582
618
Living cost
202
202
202
202
Free-cash
586
616
380
416

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
£419
£590
£383
£619
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
-
-
-
1 300
surtax
-
-
-
44
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
240
income
-
-
-
311
other
-
-
-
-
total
-
-
-
682
Employee
298
-
1 074
-
unemployment
21
-
75
-
other
-
-
-
-
income
50
-
279
-
surtax
1
-
39
-
pensions
20
-
72
-
health
8
-
27
-
total
100
-
492
-
Employer
298
-
1 074
-
pensions
40
-
143
-
other
-
-
-
-
health
14
-
49
-
unemployment
9
-
34
-
total
63
-
226
-
Corporate
940
1 300
-
-
income
244
338
-
-
total
244
338
-
-
Dividends
695
962
-
-
withholding
104
144
-
-
total
104
144
-
-
Income
1 300
1 300
1 300
1 300
Total tax
511
482
718
682
After tax
789
818
582
618
Living cost
199
199
199
199
Free-cash
590
619
383
419

Estimated living cost  is £199 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
£720
£555
£574
£551
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
-
-
-
1 300
unemployment
-
-
-
20
health
-
-
-
91
pensions
-
-
-
130
income
-
-
-
159
total
-
-
-
400
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
1 088
-
unemployment
4
2
16
-
income
32
13
133
-
pensions
26
10
109
-
health
18
7
76
-
total
80
32
334
-
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
1 088
-
pensions
51
20
212
-
total
51
20
212
-
Corporate
989
1 176
-
-
income
89
106
-
-
total
89
106
-
-
Dividends
900
1 070
-
-
withholding
171
203
-
-
social contributions
174
208
-
-
total
345
411
-
-
Income
1 300
1 300
1 300
1 300
Total tax
565
569
546
400
After tax
735
731
754
900
Living cost
180
180
180
180
Free-cash
555
551
574
720

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
£336
£369
£346
£376
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
-
-
-
1 300
national
-
-
-
218
pensions
-
-
-
156
social contributions
-
-
-
14
municipal
-
-
-
141
total
-
-
-
529
Employee
674
-
1 124
-
municipal
83
-
146
-
national
129
-
226
-
pensions
27
-
45
-
total
239
-
417
-
Employer
674
-
1 124
-
pensions
54
-
90
-
social contributions
7
-
12
-
total
61
-
102
-
Corporate
520
1 300
-
-
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%.

104
260
-
-
total
104
260
-
-
Dividends
416
1 040
-
-
withholding
92
229
-
-
total
92
229
-
-
Income
1 300
1 300
1 300
1 300
Total tax
496
489
519
529
After tax
804
811
781
771
Living cost
435
435
435
435
Free-cash
369
376
346
336

Estimated living cost  is £435 per week

£296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£40
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£92
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Dublin , Ireland
£206
£417
£206
£397
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
-
-
-
1 300
social contributions
-
-
-
210
income
-
-
-
371
total
-
-
-
581
Employee
704
-
1 300
-
social contributions
59
-
210
-
income
133
-
371
-
total
192
-
581
-
Employer
704
-
1 300
-
total
-
-
-
-
Corporate
596
1 300
-
-
income
74
163
-
-
total
74
163
-
-
Dividends
521
1 137
-
-
withholding
104
227
-
-
total
104
227
-
-
Income
1 300
1 300
1 300
1 300
Total tax
370
390
581
581
After tax
930
910
719
719
Living cost
513
513
513
513
Free-cash
417
397
206
206

Estimated living cost  is £513 per week

£390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£42
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£76
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Milan , Italy
£258
£266
£197
£313
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
-
-
-
1 300
national
-
-
-
305
regional
-
-
-
15
social contributions
-
-
-
334
municipal
-
-
-
8
total
-
-
-
662
Employee
800
-
1 300
-
municipal
4
-
7
-
national
139
-
265
-
social contributions
270
-
438
-
regional
8
-
13
-
total
421
-
723
-
Employer
800
-
1 300
-
total
-
-
-
-
Corporate
500
1 300
-
-
nationa
120
312
-
-
municipal
19
51
-
-
total
139
363
-
-
Dividends
360
937
-
-
withholding
94
244
-
-
total
94
244
-
-
Income
1 300
1 300
1 300
1 300
Total tax
654
607
723
662
After tax
646
693
577
638
Living cost
380
380
380
380
Free-cash
266
313
197
258

Estimated living cost  is £380 per week

£265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£84
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Naples , Italy
£390
£420
£330
£440
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
-
-
-
1 300
national
-
-
-
305
regional
-
-
-
20
social contributions
-
-
-
334
municipal
-
-
-
8
total
-
-
-
667
Employee
499
-
1 300
-
municipal
3
-
7
-
national
79
-
265
-
social contributions
168
-
438
-
regional
7
-
17
-
total
257
-
727
-
Employer
499
-
1 300
-
total
-
-
-
-
Corporate
801
1 300
-
-
nationa
192
312
-
-
municipal
40
65
-
-
total
232
377
-
-
Dividends
569
923
-
-
withholding
148
240
-
-
total
148
240
-
-
Income
1 300
1 300
1 300
1 300
Total tax
637
617
727
667
After tax
663
683
573
633
Living cost
243
243
243
243
Free-cash
420
440
330
390

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