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
£ 1350
per

Your estimated
City
free-cash

Andorra , Andorra
£731
£913
£767
£944
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
-
-
-
1 350
social contributions
-
-
-
297
income
-
-
-
51
total
-
-
-
348
Employee
290
-
1 169
-
social contributions
19
-
76
-
income
-
-
55
-
total
19
-
131
-
Employer
290
-
1 169
-
social contributions
45
-
181
-
total
45
-
181
-
Corporate
1 015
1 350
-
-
income
102
135
-
-
total
102
135
-
-
Dividends
914
1 215
-
-
total
-
-
-
-
Income
1 350
1 350
1 350
1 350
Total tax
166
135
312
348
After tax
1 184
1 215
1 038
1 002
Living cost
271
271
271
271
Free-cash
913
944
767
731

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
£406
£457
£64
£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
-
-
-
1 350
surtax
-
-
-
-
unemployment
-
-
-
55
health
-
-
-
81
chamber of commerce
-
-
-
5
pensions
-
-
-
195
income
-
-
-
320
total
-
-
-
656
Employee
394
359
1 048
-
unemployment
12
11
31
-
other
4
4
10
-
income
35
27
253
-
pensions
40
37
107
-
health
15
14
41
-
total
106
93
442
-
Employer
394
359
1 048
-
pensions
49
45
132
-
surtax
-
-
-
-
payroll
12
11
31
-
other
19
17
50
-
health
15
14
40
-
accident
5
5
14
-
unemployment
12
11
31
-
chamber of commerce
2
1
4
-
total
114
104
302
-
Corporate
842
887
1 014
-
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.

211
222
254
-
total
211
222
254
-
Dividends
632
665
-
-
withholding
174
183
-
-
total
174
183
-
-
Income
1 350
1 350
1 350
1 350
Total tax
605
602
998
656
After tax
745
748
352
694
Living cost
288
288
288
288
Free-cash
457
460
64
406

Estimated living cost  is £288 per week

£173
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£29
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£81
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Vienna , Austria
£374
£416
£35
£429
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
-
-
-
1 350
surtax
-
-
-
2
unemployment
-
-
-
55
health
-
-
-
81
chamber of commerce
-
-
-
5
pensions
-
-
-
195
income
-
-
-
320
total
-
-
-
658
Employee
451
359
1 047
-
unemployment
14
11
31
-
other
5
4
10
-
income
51
27
252
-
pensions
46
37
107
-
health
17
14
41
-
total
133
93
441
-
Employer
451
359
1 047
-
pensions
57
45
131
-
surtax
2
2
2
-
payroll
14
11
31
-
other
21
17
50
-
health
17
14
40
-
accident
6
5
14
-
unemployment
14
11
31
-
chamber of commerce
2
1
4
-
total
133
106
303
-
Corporate
768
885
1 013
-
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.

192
221
253
-
total
192
221
253
-
Dividends
576
664
-
-
withholding
158
183
-
-
total
158
183
-
-
Income
1 350
1 350
1 350
1 350
Total tax
616
603
997
658
After tax
734
747
353
692
Living cost
318
318
318
318
Free-cash
416
429
35
374

Estimated living cost  is £318 per week

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

Additional information

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

Brussels , Belgium
£261
£293
£159
£427
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
-
-
-
1 350
national
-
-
-
481
communal

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

-
-
-
68
social contributions
-
-
-
211
total
-
-
-
760
Employee

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

645
-
1 046
-
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
-
366
-
communal

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

34
-
55
-
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
-
78
-
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
-
49
-
total
316
-
557
-
Employer

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

645
-
1 046
-
surtax
73
-
119
-
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
-
93
-
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
-
64
-
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
-
14
-
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
-
305
-
Corporate
517
1 350
-
-
income
103
270
-
-
surtax
2
5
-
-
total
105
275
-
-
Dividends
412
1 075
-
-
withholding

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

120
319
-
-
total
120
319
-
-
Income
1 350
1 350
1 350
1 350
Total tax
728
594
862
760
After tax
622
756
488
590
Living cost
329
329
329
329
Free-cash
293
427
159
261

Estimated living cost  is £329 per week

£212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£29
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£83
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sofia , Bulgaria
£908
£945
£959
£999
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
-
-
-
1 350
unemployment
-
-
-
1
health
-
-
-
36
pensions

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

-
-
-
47
income
-
-
-
203
total
-
-
-
287
Employee
205
-
1 288
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
21
-
129
-
pensions

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

18
-
28
-
health
9
-
14
-
total
50
-
174
-
Employer
205
-
1 288
-
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
1 104
1 350
-
-
income
110
135
-
-
total
110
135
-
-
Dividends
994
1 215
-
-
withholding
50
61
-
-
total
50
61
-
-
Income
1 350
1 350
1 350
1 350
Total tax
250
196
236
287
After tax
1 100
1 154
1 114
1 063
Living cost
155
155
155
155
Free-cash
945
999
959
908

Estimated living cost  is £155 per week

£103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£9
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£40
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
£945
£994
£996
£1036
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
-
-
-
1 350
unemployment
-
-
-
1
health
-
-
-
36
pensions

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

-
-
-
47
income
-
-
-
203
total
-
-
-
287
Employee
157
-
1 288
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
16
-
129
-
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
-
174
-
Employer
157
-
1 288
-
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
1 163
1 350
-
-
income
116
135
-
-
total
116
135
-
-
Dividends
1 046
1 215
-
-
withholding
52
61
-
-
total
52
61
-
-
Income
1 350
1 350
1 350
1 350
Total tax
238
196
236
287
After tax
1 112
1 154
1 114
1 063
Living cost
118
118
118
118
Free-cash
994
1 036
996
945

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
£726
£729
£713
£776
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
-
-
-
1 350
health
-
-
-
34
social contributions
-
-
-
146
income
-
-
-
235
total
-
-
-
415
Employee
693
693
1 249
-
income
75
64
228
-
social contributions
26
58
78
-
health
5
12
21
-
total
106
134
327
-
Employer
693
693
1 249
-
social contributions
26
58
78
-
health
6
13
23
-
total
32
71
101
-
Corporate
1 002
586
-
-
income
125
73
-
-
total
125
73
-
-
Dividends
877
513
-
-
withholding
149
87
-
-
total
149
87
-
-
Income
1 350
1 350
1 350
1 350
Total tax
412
365
428
415
After tax
938
985
922
935
Living cost
209
209
209
209
Free-cash
729
776
713
726

Estimated living cost  is £209 per week

£125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£59
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
£643
£655
£630
£693
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
-
-
-
1 350
health
-
-
-
34
social contributions
-
-
-
146
income
-
-
-
235
total
-
-
-
415
Employee
693
693
1 249
-
income
73
64
228
-
social contributions
34
58
78
-
health
7
12
21
-
total
114
134
327
-
Employer
693
693
1 249
-
social contributions
34
58
78
-
health
8
13
23
-
total
42
71
101
-
Corporate
903
586
-
-
income
113
73
-
-
total
113
73
-
-
Dividends
790
513
-
-
withholding
134
87
-
-
total
134
87
-
-
Income
1 350
1 350
1 350
1 350
Total tax
403
365
428
415
After tax
947
985
922
935
Living cost
292
292
292
292
Free-cash
655
693
630
643

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
£529
£646
£476
£721
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
-
-
-
1 350
health
-
-
-
182
social contributions
-
-
-
300
income
-
-
-
130
solidarity contribution
-
-
-
-
total
-
-
-
612
Employee
307
-
1 007
-
income
37
-
121
-
social contributions
20
-
65
-
health
41
-
136
-
solidarity contribution
-
-
-
-
total
98
-
322
-
Employer
307
-
1 007
-
social contributions
77
-
252
-
health
28
-
91
-
total
105
-
343
-
Corporate
939
1 350
-
-
income
178
256
-
-
total
178
256
-
-
Dividends
761
1 094
-
-
withholding
114
164
-
-
total
114
164
-
-
Income
1 350
1 350
1 350
1 350
Total tax
495
420
665
612
After tax
855
930
685
738
Living cost
209
209
209
209
Free-cash
646
721
476
529

Estimated living cost  is £209 per week

£145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£45
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
£481
£582
£428
£673
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
-
-
-
1 350
health
-
-
-
182
social contributions
-
-
-
300
income
-
-
-
130
solidarity contribution
-
-
-
-
total
-
-
-
612
Employee
378
-
1 007
-
income
45
-
121
-
social contributions
25
-
65
-
health
51
-
136
-
solidarity contribution
-
-
-
-
total
121
-
322
-
Employer
378
-
1 007
-
social contributions
94
-
252
-
health
34
-
91
-
total
128
-
343
-
Corporate
844
1 350
-
-
income
160
256
-
-
total
160
256
-
-
Dividends
683
1 094
-
-
withholding
102
164
-
-
total
102
164
-
-
Income
1 350
1 350
1 350
1 350
Total tax
511
420
665
612
After tax
839
930
685
738
Living cost
257
257
257
257
Free-cash
582
673
428
481

Estimated living cost  is £257 per week

£191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£14
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£47
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Copenhagen , Denmark
£375
-£620
-£620
-£620
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
-
-
-
1 350
national
-
-
-
151
pensions
-
-
-
8
municipal
-
-
-
274
labour market
-
-
-
107
total
-
-
-
540
Employee
1 838
1 838
1 838
-
municipal
391
391
391
-
national
225
225
225
-
pensions
3
3
3
-
labour market
147
147
147
-
total
766
766
766
-
Employer
1 838
1 838
1 838
-
pensions
5
5
5
-
labour market
147
147
147
-
municipal
392
392
392
-
national
225
225
225
-
total
769
769
769
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
1 350
1 350
1 350
1 350
Total tax
1 535
1 535
1 535
540
After tax
-185
-185
-185
810
Living cost
435
435
435
435
Free-cash
-620
-620
-620
375

Estimated living cost  is £435 per week

£298
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£39
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£92
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
£505
£806
£560
£862
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
-
-
-
1 350
health
-
-
-
176
pensions
-
-
-
270
income
-
-
-
181
total
-
-
-
627
Employee
256
-
1 009
-
unemployment
4
-
16
-
income
29
-
195
-
pensions
5
-
20
-
total
38
-
231
-
Employer
256
-
1 009
-
pensions
51
-
202
-
health
33
-
131
-
unemployment
2
-
8
-
total
86
-
341
-
Corporate
1 008
1 350
-
-
income
202
270
-
-
total
202
270
-
-
Dividends
806
1 080
-
-
total
-
-
-
-
Income
1 350
1 350
1 350
1 350
Total tax
326
270
572
627
After tax
1 024
1 080
778
723
Living cost
218
218
218
218
Free-cash
806
862
560
505

Estimated living cost  is £218 per week

£149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£13
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£51
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Helsinki , Finland
£559
£532
£377
£515
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

-
-
-
1 350
national
-
-
-
188
health
-
-
-
17
municipal
-
-
-
240
total
-
-
-
445
Employee
474
-
1 136
-
unemployment
7
-
17
-
municipal
78
-
185
-
national
8
-
120
-
pensions
32
-
77
-
health
4
-
14
-
total
129
-
413
-
Employer
474
-
1 136
-
pensions
82
-
197
-
health
4
-
9
-
accident
-
-
1
-
unemployment
3
-
7
-
total
89
-
214
-
Corporate
786
1 350
-
-
income
157
270
-
-
total
157
270
-
-
Dividends

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

472
810
-
-
municipal
85
146
-
-
national
12
73
-
-
total
97
219
-
-
Income
1 350
1 350
1 350
1 350
Total tax
472
489
627
445
After tax
878
861
723
905
Living cost
346
346
346
346
Free-cash
532
515
377
559

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
£487
£452
£490
£403
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
-
-
-
1 350
surtax
-
-
-
-
health
-
-
-
50
pensions
-
-
-
263
social contributions
-
-
-
38
income
-
-
-
192
other
-
-
-
42
total
-
-
-
585
Employee
344
-
1 059
-
income
18
-
193
-
surtax
-
-
-
-
social contributions
10
-
30
-
pensions
39
-
68
-
total
67
-
291
-
Employer
344
-
1 059
-
pensions
57
-
115
-
social contributions
1
-
3
-
other
12
-
39
-
health
24
-
91
-
unemployment
14
-
43
-
total
108
-
291
-
Corporate
898
1 350
-
-
income
251
378
-
-
surtax
-
-
-
-
total
251
378
-
-
Dividends
647
972
-
-
withholding
83
124
-
-
social contributions
111
167
-
-
surtax
-
-
-
-
total
194
291
-
-
Income
1 350
1 350
1 350
1 350
Total tax
620
669
582
585
After tax
730
681
768
765
Living cost
278
278
278
278
Free-cash
452
403
490
487

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
£456
£425
£459
£372
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
-
-
-
1 350
surtax
-
-
-
-
health
-
-
-
50
pensions
-
-
-
263
social contributions
-
-
-
38
income
-
-
-
192
other
-
-
-
42
total
-
-
-
585
Employee
386
-
1 059
-
income
23
-
193
-
surtax
-
-
-
-
social contributions
11
-
30
-
pensions
44
-
68
-
total
78
-
291
-
Employer
386
-
1 059
-
pensions
63
-
115
-
social contributions
1
-
3
-
other
13
-
39
-
health
27
-
91
-
unemployment
16
-
43
-
total
120
-
291
-
Corporate
844
1 350
-
-
income
236
378
-
-
surtax
-
-
-
-
total
236
378
-
-
Dividends
607
972
-
-
withholding
78
124
-
-
social contributions
104
167
-
-
surtax
-
-
-
-
total
182
291
-
-
Income
1 350
1 350
1 350
1 350
Total tax
616
669
582
585
After tax
734
681
768
765
Living cost
309
309
309
309
Free-cash
425
372
459
456

Estimated living cost  is £309 per week

£195
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£84
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Paris , France
£329
£307
£332
£245
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 350
surtax
-
-
-
-
health
-
-
-
50
pensions
-
-
-
263
social contributions
-
-
-
38
income
-
-
-
192
other
-
-
-
42
total
-
-
-
585
Employee
565
-
1 059
-
income
49
-
193
-
surtax
-
-
-
-
social contributions
16
-
30
-
pensions
64
-
68
-
total
129
-
291
-
Employer
565
-
1 059
-
pensions
93
-
115
-
social contributions
2
-
3
-
other
19
-
39
-
health
40
-
91
-
unemployment
23
-
43
-
total
177
-
291
-
Corporate
609
1 350
-
-
income
170
378
-
-
surtax
-
-
-
-
total
170
378
-
-
Dividends
438
972
-
-
withholding
56
124
-
-
social contributions
75
167
-
-
surtax
-
-
-
-
total
131
291
-
-
Income
1 350
1 350
1 350
1 350
Total tax
607
669
582
585
After tax
743
681
768
765
Living cost
436
436
436
436
Free-cash
307
245
332
329

Estimated living cost  is £436 per week

£295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£36
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£99
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
£1279
£1214
£1022
£1225
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%.

-
-
-
1 350
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
-
1 350
-
income
14
-
270
-
total
14
-
270
-
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%.

1 278
1 350
-
-
total
-
-
-
-
Dividends
1 278
1 350
-
-
withholding
64
67
-
-
total
64
67
-
-
Income
1 350
1 350
1 350
1 350
Total tax
78
67
270
13
After tax
1 272
1 283
1 080
1 337
Living cost
58
58
58
58
Free-cash
1 214
1 225
1 022
1 279

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
£1247
£1175
£990
£1193
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%.

-
-
-
1 350
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
-
1 350
-
income
23
-
270
-
total
23
-
270
-
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%.

1 237
1 350
-
-
total
-
-
-
-
Dividends
1 237
1 350
-
-
withholding
62
67
-
-
total
62
67
-
-
Income
1 350
1 350
1 350
1 350
Total tax
85
67
270
13
After tax
1 265
1 283
1 080
1 337
Living cost
90
90
90
90
Free-cash
1 175
1 193
990
1 247

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
£394
£466
£528
£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

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

-
-
-
1 350
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.

-
-
-
21
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.

-
-
-
391
trade
-
-
-
134
total
-
-
-
608
Employee

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

449
-
1 350
-
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
-
391
-
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
-
21
-
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
-
474
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
901
1 350
-
-
trade
129
194
-
-
income
135
203
-
-
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
274
411
-
-
Dividends
627
939
-
-
withholding
153
231
-
-
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
13
-
-
total
161
244
-
-
Income
1 350
1 350
1 350
1 350
Total tax
536
655
474
608
After tax
814
695
876
742
Living cost
348
348
348
348
Free-cash
466
347
528
394

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
£456
£507
£603
£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

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

-
-
-
1 350
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.

-
-
-
21
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.

-
-
-
391
trade
-
-
-
147
total
-
-
-
621
Employee

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

345
-
1 350
-
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
-
391
-
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
-
21
-
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
-
474
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 005
1 350
-
-
trade
158
213
-
-
income
151
203
-
-
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
320
430
-
-
Dividends
685
920
-
-
withholding
168
227
-
-
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
177
239
-
-
Income
1 350
1 350
1 350
1 350
Total tax
570
669
474
621
After tax
780
681
876
729
Living cost
273
273
273
273
Free-cash
507
408
603
456

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
£369
£447
£522
£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.

-
-
-
1 350
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.

-
-
-
21
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.

-
-
-
391
trade
-
-
-
153
total
-
-
-
627
Employee

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

457
-
1 350
-
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
-
391
-
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
-
21
-
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
-
474
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
893
1 350
-
-
trade
147
222
-
-
income
134
203
-
-
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
291
439
-
-
Dividends
602
911
-
-
withholding
147
224
-
-
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
155
236
-
-
Income
1 350
1 350
1 350
1 350
Total tax
549
675
474
627
After tax
801
675
876
723
Living cost
354
354
354
354
Free-cash
447
321
522
369

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
£303
£400
£463
£254
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.

-
-
-
1 350
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.

-
-
-
21
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.

-
-
-
391
trade
-
-
-
160
total
-
-
-
634
Employee

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

542
-
1 350
-
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
-
391
-
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
-
21
-
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
-
474
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
808
1 350
-
-
trade
139
232
-
-
income
121
203
-
-
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
11
-
-
total
269
449
-
-
Dividends
539
902
-
-
withholding
131
222
-
-
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
138
234
-
-
Income
1 350
1 350
1 350
1 350
Total tax
537
683
474
634
After tax
813
667
876
716
Living cost
413
413
413
413
Free-cash
400
254
463
303

Estimated living cost  is £413 per week

£302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£33
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£73
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Athens , Greece
£438
£618
£397
£646
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
-
-
-
1 350
surtax
-
-
-
48
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
241
income
-
-
-
333
other
-
-
-
-
total
-
-
-
709
Employee
304
-
1 115
-
unemployment
21
-
78
-
other
-
-
-
-
income
51
-
294
-
surtax
1
-
41
-
pensions
20
-
74
-
health
8
-
28
-
total
101
-
515
-
Employer
304
-
1 115
-
pensions
40
-
149
-
other
-
-
-
-
health
14
-
51
-
unemployment
10
-
35
-
total
64
-
235
-
Corporate
982
1 350
-
-
income
255
351
-
-
total
255
351
-
-
Dividends
727
999
-
-
withholding
109
150
-
-
total
109
150
-
-
Income
1 350
1 350
1 350
1 350
Total tax
529
501
750
709
After tax
821
849
600
641
Living cost
203
203
203
203
Free-cash
618
646
397
438

Estimated living cost  is £203 per week

£122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Thessaloniki , Greece
£442
£621
£401
£650
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
-
-
-
1 350
surtax
-
-
-
48
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
241
income
-
-
-
333
other
-
-
-
-
total
-
-
-
709
Employee
298
-
1 115
-
unemployment
21
-
78
-
other
-
-
-
-
income
50
-
294
-
surtax
1
-
41
-
pensions
20
-
74
-
health
8
-
28
-
total
100
-
515
-
Employer
298
-
1 115
-
pensions
40
-
149
-
other
-
-
-
-
health
14
-
51
-
unemployment
9
-
35
-
total
63
-
235
-
Corporate
989
1 350
-
-
income
257
351
-
-
total
257
351
-
-
Dividends
732
999
-
-
withholding
110
150
-
-
total
110
150
-
-
Income
1 350
1 350
1 350
1 350
Total tax
530
501
750
709
After tax
820
849
600
641
Living cost
199
199
199
199
Free-cash
621
650
401
442

Estimated living cost  is £199 per week

£122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£54
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Budapest , Hungary
£755
£582
£603
£580
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
-
-
-
1 350
unemployment
-
-
-
20
health
-
-
-
95
pensions
-
-
-
135
income
-
-
-
165
total
-
-
-
415
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

260
104
1 130
-
unemployment
4
2
17
-
income
32
13
138
-
pensions
26
10
113
-
health
18
7
79
-
total
80
32
347
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

260
104
1 130
-
pensions
51
20
220
-
total
51
20
220
-
Corporate
1 039
1 226
-
-
income
94
110
-
-
total
94
110
-
-
Dividends
945
1 116
-
-
withholding
180
212
-
-
social contributions
183
216
-
-
total
363
428
-
-
Income
1 350
1 350
1 350
1 350
Total tax
588
590
567
415
After tax
762
760
783
935
Living cost
180
180
180
180
Free-cash
582
580
603
755

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
£364
£401
£375
£407
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
-
-
-
1 350
national
-
-
-
227
pensions
-
-
-
162
social contributions
-
-
-
15
municipal
-
-
-
147
total
-
-
-
551
Employee
675
-
1 167
-
municipal
83
-
152
-
national
129
-
235
-
pensions
27
-
47
-
total
239
-
434
-
Employer
675
-
1 167
-
pensions
54
-
93
-
social contributions
7
-
13
-
total
61
-
106
-
Corporate
569
1 350
-
-
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%.

114
270
-
-
total
114
270
-
-
Dividends
455
1 080
-
-
withholding
100
238
-
-
total
100
238
-
-
Income
1 350
1 350
1 350
1 350
Total tax
514
508
540
551
After tax
836
842
810
799
Living cost
435
435
435
435
Free-cash
401
407
375
364

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
£225
£450
£225
£431
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
-
-
-
1 350
social contributions
-
-
-
220
income
-
-
-
391
total
-
-
-
611
Employee
705
-
1 350
-
social contributions
59
-
220
-
income
133
-
391
-
total
192
-
611
-
Employer
705
-
1 350
-
total
-
-
-
-
Corporate
645
1 350
-
-
income
81
169
-
-
total
81
169
-
-
Dividends
564
1 181
-
-
withholding
113
236
-
-
total
113
236
-
-
Income
1 350
1 350
1 350
1 350
Total tax
386
405
611
611
After tax
964
945
739
739
Living cost
514
514
514
514
Free-cash
450
431
225
225

Estimated living cost  is £514 per week

£391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£42
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£76
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Milan , Italy
£278
£292
£217
£340
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
-
-
-
1 350
national
-
-
-
320
regional
-
-
-
16
social contributions
-
-
-
347
municipal
-
-
-
8
total
-
-
-
691
Employee
801
-
1 350
-
municipal
4
-
7
-
national
139
-
277
-
social contributions
270
-
455
-
regional
8
-
14
-
total
421
-
753
-
Employer
801
-
1 350
-
total
-
-
-
-
Corporate
549
1 350
-
-
nationa
132
324
-
-
municipal
21
53
-
-
total
153
377
-
-
Dividends
396
973
-
-
withholding
103
253
-
-
total
103
253
-
-
Income
1 350
1 350
1 350
1 350
Total tax
677
630
753
691
After tax
673
720
597
659
Living cost
380
380
380
380
Free-cash
292
340
217
278

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
£412
£446
£350
£467
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
-
-
-
1 350
national
-
-
-
320
regional
-
-
-
20
social contributions
-
-
-
347
municipal
-
-
-
8
total
-
-
-
695
Employee
500
-
1 350
-
municipal
3
-
7
-
national
79
-
277
-
social contributions
169
-
455
-
regional
7
-
18
-
total
258
-
757
-
Employer
500
-
1 350
-
total
-
-
-
-
Corporate
850
1 350
-
-
nationa
204
324
-
-
municipal
42
67
-
-
total
246
391
-
-
Dividends
604
959
-
-
withholding
157
249
-
-
total
157
249
-
-
Income
1 350
1 350
1 350
1 350
Total tax
661
640
757
695
After tax
689
710
593
655
Living cost
243
243
243
243
Free-cash
446
467
350
412

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