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
£ 1400
per

Your estimated
City
free-cash

Andorra , Andorra
£767
£958
£803
£989
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
-
-
-
1 400
social contributions
-
-
-
308
income
-
-
-
54
total
-
-
-
362
Employee
290
-
1 212
-
social contributions
19
-
79
-
income
-
-
59
-
total
19
-
138
-
Employer
290
-
1 212
-
social contributions
45
-
188
-
total
45
-
188
-
Corporate
1 065
1 400
-
-
income
107
140
-
-
total
107
140
-
-
Dividends
959
1 260
-
-
total
-
-
-
-
Income
1 400
1 400
1 400
1 400
Total tax
171
140
326
362
After tax
1 229
1 260
1 074
1 038
Living cost
271
271
271
271
Free-cash
958
989
803
767

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
£431
£485
£76
£488
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
-
-
-
1 400
surtax
-
-
-
-
unemployment
-
-
-
55
health
-
-
-
81
chamber of commerce
-
-
-
6
pensions
-
-
-
195
income
-
-
-
344
total
-
-
-
681
Employee
394
359
1 094
-
unemployment
12
11
32
-
other
4
4
11
-
income
35
27
272
-
pensions
40
37
108
-
health
15
14
41
-
total
106
93
464
-
Employer
394
359
1 094
-
pensions
49
45
132
-
surtax
-
-
-
-
payroll
12
11
33
-
other
19
17
52
-
health
15
14
40
-
accident
5
5
14
-
unemployment
12
11
32
-
chamber of commerce
2
1
4
-
total
114
104
307
-
Corporate
892
937
1 060
-
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.

223
234
265
-
total
223
234
265
-
Dividends
669
703
-
-
withholding
184
193
-
-
total
184
193
-
-
Income
1 400
1 400
1 400
1 400
Total tax
627
624
1 036
681
After tax
773
776
364
719
Living cost
288
288
288
288
Free-cash
485
488
76
431

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
£399
£444
£45
£456
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
-
-
-
1 400
surtax
-
-
-
2
unemployment
-
-
-
55
health
-
-
-
81
chamber of commerce
-
-
-
6
pensions
-
-
-
195
income
-
-
-
344
total
-
-
-
683
Employee
451
359
1 092
-
unemployment
14
11
32
-
other
4
4
11
-
income
51
27
271
-
pensions
46
37
108
-
health
17
14
41
-
total
132
93
463
-
Employer
451
359
1 092
-
pensions
57
45
132
-
surtax
2
2
2
-
payroll
14
11
33
-
other
21
17
52
-
health
17
14
40
-
accident
6
5
14
-
unemployment
14
11
32
-
chamber of commerce
2
1
4
-
total
133
106
309
-
Corporate
818
936
1 058
-
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.

204
234
265
-
total
204
234
265
-
Dividends
613
702
-
-
withholding
169
193
-
-
total
169
193
-
-
Income
1 400
1 400
1 400
1 400
Total tax
638
626
1 037
683
After tax
762
774
363
717
Living cost
318
318
318
318
Free-cash
444
456
45
399

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
£280
£321
£174
£454
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
-
-
-
1 400
national
-
-
-
502
communal

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

-
-
-
71
social contributions
-
-
-
218
total
-
-
-
791
Employee

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

645
-
1 084
-
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
-
383
-
communal

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

34
-
57
-
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
-
81
-
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
-
51
-
total
316
-
581
-
Employer

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

645
-
1 084
-
surtax
73
-
123
-
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
-
96
-
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
-
67
-
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
-
16
-
total
187
-
316
-
Corporate
567
1 400
-
-
income
113
280
-
-
surtax
2
6
-
-
total
115
286
-
-
Dividends
452
1 114
-
-
withholding

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

132
331
-
-
total
132
331
-
-
Income
1 400
1 400
1 400
1 400
Total tax
750
617
897
791
After tax
650
783
503
609
Living cost
329
329
329
329
Free-cash
321
454
174
280

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
£950
£987
£1002
£1042
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
-
-
-
1 400
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
-
-
-
210
total
-
-
-
294
Employee
206
-
1 338
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
21
-
134
-
pensions

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

18
-
28
-
health
9
-
15
-
total
50
-
180
-
Employer
206
-
1 338
-
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
1 154
1 400
-
-
income
115
140
-
-
total
115
140
-
-
Dividends
1 038
1 260
-
-
withholding
52
63
-
-
total
52
63
-
-
Income
1 400
1 400
1 400
1 400
Total tax
257
203
242
294
After tax
1 143
1 197
1 158
1 106
Living cost
155
155
155
155
Free-cash
987
1 042
1 002
950

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
£987
£1035
£1039
£1078
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
-
-
-
1 400
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
-
-
-
210
total
-
-
-
294
Employee
157
-
1 338
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
16
-
134
-
pensions

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

14
-
28
-
health
7
-
15
-
total
39
-
180
-
Employer
157
-
1 338
-
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
1 212
1 400
-
-
income
121
140
-
-
total
121
140
-
-
Dividends
1 091
1 260
-
-
withholding
55
63
-
-
total
55
63
-
-
Income
1 400
1 400
1 400
1 400
Total tax
246
203
242
294
After tax
1 154
1 197
1 158
1 106
Living cost
119
119
119
119
Free-cash
1 035
1 078
1 039
987

Estimated living cost  is £119 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
£757
£765
£744
£811
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
-
-
-
1 400
health
-
-
-
36
social contributions
-
-
-
146
income
-
-
-
252
total
-
-
-
434
Employee
693
693
1 298
-
income
75
64
245
-
social contributions
26
58
78
-
health
5
12
22
-
total
106
134
345
-
Employer
693
693
1 298
-
social contributions
26
58
78
-
health
6
13
24
-
total
32
71
102
-
Corporate
1 052
636
-
-
income
132
80
-
-
total
132
80
-
-
Dividends
921
557
-
-
withholding
156
95
-
-
total
156
95
-
-
Income
1 400
1 400
1 400
1 400
Total tax
426
380
447
434
After tax
974
1 020
953
966
Living cost
209
209
209
209
Free-cash
765
811
744
757

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
£674
£691
£661
£728
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
-
-
-
1 400
health
-
-
-
36
social contributions
-
-
-
146
income
-
-
-
252
total
-
-
-
434
Employee
693
693
1 298
-
income
73
64
245
-
social contributions
34
58
78
-
health
7
12
22
-
total
114
134
345
-
Employer
693
693
1 298
-
social contributions
34
58
78
-
health
8
13
24
-
total
42
71
102
-
Corporate
953
636
-
-
income
119
80
-
-
total
119
80
-
-
Dividends
834
557
-
-
withholding
142
95
-
-
total
142
95
-
-
Income
1 400
1 400
1 400
1 400
Total tax
417
380
447
434
After tax
983
1 020
953
966
Living cost
292
292
292
292
Free-cash
691
728
661
674

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
£567
£682
£507
£756
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
-
-
-
1 400
health
-
-
-
189
social contributions
-
-
-
299
income
-
-
-
137
solidarity contribution
-
-
-
-
total
-
-
-
625
Employee
306
-
1 049
-
income
37
-
126
-
social contributions
20
-
67
-
health
41
-
142
-
solidarity contribution
-
-
-
-
total
98
-
335
-
Employer
306
-
1 049
-
social contributions
76
-
256
-
health
28
-
94
-
total
104
-
350
-
Corporate
990
1 400
-
-
income
188
266
-
-
total
188
266
-
-
Dividends
802
1 134
-
-
withholding
120
170
-
-
total
120
170
-
-
Income
1 400
1 400
1 400
1 400
Total tax
510
436
685
625
After tax
890
964
715
775
Living cost
208
208
208
208
Free-cash
682
756
507
567

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
£519
£616
£459
£708
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
-
-
-
1 400
health
-
-
-
189
social contributions
-
-
-
299
income
-
-
-
137
solidarity contribution
-
-
-
-
total
-
-
-
625
Employee
377
-
1 049
-
income
45
-
126
-
social contributions
25
-
67
-
health
51
-
142
-
solidarity contribution
-
-
-
-
total
121
-
335
-
Employer
377
-
1 049
-
social contributions
94
-
256
-
health
34
-
94
-
total
128
-
350
-
Corporate
895
1 400
-
-
income
170
266
-
-
total
170
266
-
-
Dividends
725
1 134
-
-
withholding
109
170
-
-
total
109
170
-
-
Income
1 400
1 400
1 400
1 400
Total tax
528
436
685
625
After tax
872
964
715
775
Living cost
256
256
256
256
Free-cash
616
708
459
519

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
£402
-£570
-£570
-£570
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
-
-
-
1 400
national
-
-
-
158
pensions
-
-
-
8
municipal
-
-
-
286
labour market
-
-
-
111
total
-
-
-
563
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
1 400
1 400
1 400
1 400
Total tax
1 535
1 535
1 535
563
After tax
-135
-135
-135
837
Living cost
435
435
435
435
Free-cash
-570
-570
-570
402

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
£532
£846
£589
£902
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
-
-
-
1 400
health
-
-
-
182
pensions
-
-
-
280
income
-
-
-
188
total
-
-
-
650
Employee
256
-
1 046
-
unemployment
4
-
17
-
income
29
-
202
-
pensions
5
-
21
-
total
38
-
240
-
Employer
256
-
1 046
-
pensions
51
-
209
-
health
33
-
136
-
unemployment
2
-
8
-
total
86
-
353
-
Corporate
1 058
1 400
-
-
income
212
280
-
-
total
212
280
-
-
Dividends
846
1 120
-
-
total
-
-
-
-
Income
1 400
1 400
1 400
1 400
Total tax
336
280
593
650
After tax
1 064
1 120
807
750
Living cost
218
218
218
218
Free-cash
846
902
589
532

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
£584
£561
£400
£543
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

-
-
-
1 400
national
-
-
-
203
health
-
-
-
18
municipal
-
-
-
249
total
-
-
-
470
Employee
474
-
1 178
-
unemployment
7
-
18
-
municipal
78
-
192
-
national
8
-
128
-
pensions
32
-
80
-
health
4
-
14
-
total
129
-
432
-
Employer
474
-
1 178
-
pensions
82
-
204
-
health
4
-
9
-
accident
-
-
1
-
unemployment
3
-
8
-
total
89
-
222
-
Corporate
836
1 400
-
-
income
167
280
-
-
total
167
280
-
-
Dividends

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

502
840
-
-
municipal
90
151
-
-
national
18
80
-
-
total
108
231
-
-
Income
1 400
1 400
1 400
1 400
Total tax
493
511
654
470
After tax
907
889
746
930
Living cost
346
346
346
346
Free-cash
561
543
400
584

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
£514
£478
£513
£428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 400
surtax
-
-
-
-
health
-
-
-
53
pensions
-
-
-
268
social contributions
-
-
-
40
income
-
-
-
204
other
-
-
-
43
total
-
-
-
608
Employee
344
-
1 095
-
income
18
-
202
-
surtax
-
-
-
-
social contributions
10
-
31
-
pensions
39
-
71
-
total
67
-
304
-
Employer
344
-
1 095
-
pensions
57
-
121
-
social contributions
1
-
3
-
other
12
-
41
-
health
24
-
96
-
unemployment
14
-
44
-
total
108
-
305
-
Corporate
948
1 400
-
-
income
265
392
-
-
surtax
-
-
-
-
total
265
392
-
-
Dividends
683
1 008
-
-
withholding
87
129
-
-
social contributions
117
173
-
-
surtax
-
-
-
-
total
204
302
-
-
Income
1 400
1 400
1 400
1 400
Total tax
644
694
609
608
After tax
756
706
791
792
Living cost
278
278
278
278
Free-cash
478
428
513
514

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
£484
£451
£483
£398
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
-
-
-
1 400
surtax
-
-
-
-
health
-
-
-
53
pensions
-
-
-
268
social contributions
-
-
-
40
income
-
-
-
204
other
-
-
-
43
total
-
-
-
608
Employee
386
-
1 095
-
income
23
-
202
-
surtax
-
-
-
-
social contributions
11
-
31
-
pensions
44
-
71
-
total
78
-
304
-
Employer
386
-
1 095
-
pensions
63
-
121
-
social contributions
1
-
3
-
other
13
-
41
-
health
27
-
96
-
unemployment
16
-
44
-
total
120
-
305
-
Corporate
894
1 400
-
-
income
250
392
-
-
surtax
-
-
-
-
total
250
392
-
-
Dividends
643
1 008
-
-
withholding
82
129
-
-
social contributions
111
173
-
-
surtax
-
-
-
-
total
193
302
-
-
Income
1 400
1 400
1 400
1 400
Total tax
641
694
609
608
After tax
759
706
791
792
Living cost
308
308
308
308
Free-cash
451
398
483
484

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
£357
£331
£356
£271
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
-
-
-
1 400
surtax
-
-
-
-
health
-
-
-
53
pensions
-
-
-
268
social contributions
-
-
-
40
income
-
-
-
204
other
-
-
-
43
total
-
-
-
608
Employee
565
-
1 095
-
income
49
-
202
-
surtax
-
-
-
-
social contributions
16
-
31
-
pensions
64
-
71
-
total
129
-
304
-
Employer
565
-
1 095
-
pensions
93
-
121
-
social contributions
2
-
3
-
other
19
-
41
-
health
40
-
96
-
unemployment
23
-
44
-
total
177
-
305
-
Corporate
659
1 400
-
-
income
185
392
-
-
surtax
-
-
-
-
total
185
392
-
-
Dividends
474
1 008
-
-
withholding
61
129
-
-
social contributions
82
173
-
-
surtax
-
-
-
-
total
143
302
-
-
Income
1 400
1 400
1 400
1 400
Total tax
634
694
609
608
After tax
766
706
791
792
Living cost
435
435
435
435
Free-cash
331
271
356
357

Estimated living cost  is £435 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
£1328
£1261
£1062
£1272
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%.

-
-
-
1 400
microenterprise

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

-
-
-
14
total
-
-
-
14
Employee
73
-
1 400
-
income
15
-
280
-
total
15
-
280
-
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%.

1 327
1 400
-
-
total
-
-
-
-
Dividends
1 327
1 400
-
-
withholding
66
70
-
-
total
66
70
-
-
Income
1 400
1 400
1 400
1 400
Total tax
81
70
280
14
After tax
1 319
1 330
1 120
1 386
Living cost
58
58
58
58
Free-cash
1 261
1 272
1 062
1 328

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
£1295
£1222
£1029
£1239
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%.

-
-
-
1 400
microenterprise

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

-
-
-
14
total
-
-
-
14
Employee
113
-
1 400
-
income
23
-
280
-
total
23
-
280
-
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%.

1 287
1 400
-
-
total
-
-
-
-
Dividends
1 287
1 400
-
-
withholding
64
70
-
-
total
64
70
-
-
Income
1 400
1 400
1 400
1 400
Total tax
87
70
280
14
After tax
1 313
1 330
1 120
1 386
Living cost
91
91
91
91
Free-cash
1 222
1 239
1 029
1 295

Estimated living cost  is £91 per week

£61
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£4
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£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
£414
£489
£555
£373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
1 400
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.

-
-
-
23
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.

-
-
-
412
trade
-
-
-
141
total
-
-
-
638
Employee

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

449
-
1 400
-
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
-
412
-
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
-
23
-
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
-
497
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
951
1 400
-
-
trade
137
201
-
-
income
143
210
-
-
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
12
-
-
total
291
426
-
-
Dividends
662
974
-
-
withholding
162
240
-
-
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
13
-
-
total
171
253
-
-
Income
1 400
1 400
1 400
1 400
Total tax
563
679
497
638
After tax
837
721
903
762
Living cost
348
348
348
348
Free-cash
489
373
555
414

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
£476
£532
£630
£433
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.

-
-
-
1 400
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.

-
-
-
23
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.

-
-
-
412
trade
-
-
-
154
total
-
-
-
651
Employee

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

345
-
1 400
-
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
-
412
-
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
-
23
-
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
-
497
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 055
1 400
-
-
trade
166
221
-
-
income
158
210
-
-
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.

9
12
-
-
total
336
446
-
-
Dividends
719
955
-
-
withholding
176
235
-
-
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.

10
13
-
-
total
186
248
-
-
Income
1 400
1 400
1 400
1 400
Total tax
595
694
497
651
After tax
805
706
903
749
Living cost
273
273
273
273
Free-cash
532
433
630
476

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
£388
£471
£549
£345
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.

-
-
-
1 400
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.

-
-
-
23
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.

-
-
-
412
trade
-
-
-
161
total
-
-
-
658
Employee

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

457
-
1 400
-
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
-
412
-
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
-
23
-
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
-
497
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
943
1 400
-
-
trade
155
230
-
-
income
141
210
-
-
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
12
-
-
total
307
455
-
-
Dividends
636
945
-
-
withholding
156
233
-
-
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
13
-
-
total
165
246
-
-
Income
1 400
1 400
1 400
1 400
Total tax
575
701
497
658
After tax
825
699
903
742
Living cost
354
354
354
354
Free-cash
471
345
549
388

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
£322
£423
£490
£279
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.

-
-
-
1 400
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.

-
-
-
23
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.

-
-
-
412
trade
-
-
-
168
total
-
-
-
665
Employee

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

542
-
1 400
-
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
-
412
-
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
-
23
-
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
-
497
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
858
1 400
-
-
trade
147
240
-
-
income
129
210
-
-
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
12
-
-
total
286
465
-
-
Dividends
573
935
-
-
withholding
140
230
-
-
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
148
243
-
-
Income
1 400
1 400
1 400
1 400
Total tax
564
708
497
665
After tax
836
692
903
735
Living cost
413
413
413
413
Free-cash
423
279
490
322

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
£461
£649
£413
£678
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
-
-
-
1 400
surtax
-
-
-
52
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
241
income
-
-
-
356
other
-
-
-
-
total
-
-
-
736
Employee
304
-
1 157
-
unemployment
21
-
80
-
other
-
-
-
-
income
51
-
310
-
surtax
1
-
44
-
pensions
20
-
77
-
health
8
-
29
-
total
101
-
540
-
Employer
304
-
1 157
-
pensions
40
-
154
-
other
-
-
-
-
health
14
-
53
-
unemployment
10
-
37
-
total
64
-
244
-
Corporate
1 033
1 400
-
-
income
268
364
-
-
total
268
364
-
-
Dividends
764
1 036
-
-
withholding
115
155
-
-
total
115
155
-
-
Income
1 400
1 400
1 400
1 400
Total tax
548
519
784
736
After tax
852
881
616
664
Living cost
202
202
202
202
Free-cash
649
678
413
461

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
£465
£653
£417
£682
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
-
-
-
1 400
surtax
-
-
-
52
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
241
income
-
-
-
356
other
-
-
-
-
total
-
-
-
736
Employee
298
-
1 157
-
unemployment
21
-
80
-
other
-
-
-
-
income
50
-
310
-
surtax
1
-
44
-
pensions
20
-
77
-
health
8
-
29
-
total
100
-
540
-
Employer
298
-
1 157
-
pensions
40
-
154
-
other
-
-
-
-
health
14
-
53
-
unemployment
9
-
37
-
total
63
-
244
-
Corporate
1 039
1 400
-
-
income
270
364
-
-
total
270
364
-
-
Dividends
769
1 036
-
-
withholding
115
155
-
-
total
115
155
-
-
Income
1 400
1 400
1 400
1 400
Total tax
548
519
784
736
After tax
852
881
616
664
Living cost
199
199
199
199
Free-cash
653
682
417
465

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
£791
£611
£633
£608
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
-
-
-
1 400
unemployment
-
-
-
21
health
-
-
-
98
pensions
-
-
-
140
income
-
-
-
171
total
-
-
-
430
Employee

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

The minimum wage is 138,000 HUF per month.

258
103
1 172
-
unemployment
4
2
18
-
income
32
13
143
-
pensions
26
10
117
-
health
18
7
82
-
total
80
32
360
-
Employer

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

The minimum wage is 138,000 HUF per month.

258
103
1 172
-
pensions
50
20
228
-
total
50
20
228
-
Corporate
1 092
1 277
-
-
income
98
115
-
-
total
98
115
-
-
Dividends
993
1 162
-
-
withholding
189
221
-
-
social contributions
193
225
-
-
total
382
446
-
-
Income
1 400
1 400
1 400
1 400
Total tax
610
613
588
430
After tax
790
787
812
970
Living cost
179
179
179
179
Free-cash
611
608
633
791

Estimated living cost  is £179 per week

£122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£39
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
£391
£430
£402
£437
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
-
-
-
1 400
national
-
-
-
236
pensions
-
-
-
168
social contributions
-
-
-
15
municipal
-
-
-
153
total
-
-
-
572
Employee
678
-
1 210
-
municipal
84
-
158
-
national
130
-
245
-
pensions
27
-
48
-
total
241
-
451
-
Employer
678
-
1 210
-
pensions
54
-
97
-
social contributions
7
-
13
-
total
61
-
110
-
Corporate
616
1 400
-
-
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%.

123
280
-
-
total
123
280
-
-
Dividends
492
1 120
-
-
withholding
108
246
-
-
total
108
246
-
-
Income
1 400
1 400
1 400
1 400
Total tax
533
526
561
572
After tax
867
874
839
828
Living cost
437
437
437
437
Free-cash
430
437
402
391

Estimated living cost  is £437 per week

£297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£41
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£93
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Dublin , Ireland
£246
£485
£246
£466
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
-
-
-
1 400
social contributions
-
-
-
229
income
-
-
-
411
total
-
-
-
640
Employee
705
-
1 400
-
social contributions
59
-
229
-
income
133
-
411
-
total
192
-
640
-
Employer
705
-
1 400
-
total
-
-
-
-
Corporate
695
1 400
-
-
income
87
175
-
-
total
87
175
-
-
Dividends
608
1 225
-
-
withholding
122
245
-
-
total
122
245
-
-
Income
1 400
1 400
1 400
1 400
Total tax
401
420
640
640
After tax
999
980
760
760
Living cost
514
514
514
514
Free-cash
485
466
246
246

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
£301
£320
£237
£367
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
-
-
-
1 400
national
-
-
-
335
regional
-
-
-
16
social contributions
-
-
-
360
municipal
-
-
-
8
total
-
-
-
719
Employee
801
-
1 400
-
municipal
4
-
7
-
national
139
-
290
-
social contributions
270
-
472
-
regional
8
-
14
-
total
421
-
783
-
Employer
801
-
1 400
-
total
-
-
-
-
Corporate
599
1 400
-
-
nationa
144
336
-
-
municipal
23
55
-
-
total
167
391
-
-
Dividends
432
1 009
-
-
withholding
112
262
-
-
total
112
262
-
-
Income
1 400
1 400
1 400
1 400
Total tax
700
653
783
719
After tax
700
747
617
681
Living cost
380
380
380
380
Free-cash
320
367
237
301

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
£433
£472
£369
£492
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
-
-
-
1 400
national
-
-
-
335
regional
-
-
-
21
social contributions
-
-
-
360
municipal
-
-
-
8
total
-
-
-
724
Employee
500
-
1 400
-
municipal
3
-
7
-
national
79
-
290
-
social contributions
169
-
472
-
regional
7
-
19
-
total
258
-
788
-
Employer
500
-
1 400
-
total
-
-
-
-
Corporate
900
1 400
-
-
nationa
216
336
-
-
municipal
45
70
-
-
total
261
406
-
-
Dividends
639
994
-
-
withholding
166
259
-
-
total
166
259
-
-
Income
1 400
1 400
1 400
1 400
Total tax
685
665
788
724
After tax
715
735
612
676
Living cost
243
243
243
243
Free-cash
472
492
369
433

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