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
£ 1450
per

Your estimated
City
free-cash

Andorra , Andorra
£802
£1003
£839
£1034
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
-
-
-
1 450
social contributions
-
-
-
319
income
-
-
-
58
total
-
-
-
377
Employee
290
-
1 255
-
social contributions
19
-
82
-
income
-
-
63
-
total
19
-
145
-
Employer
290
-
1 255
-
social contributions
45
-
195
-
total
45
-
195
-
Corporate
1 115
1 450
-
-
income
112
145
-
-
total
112
145
-
-
Dividends
1 004
1 305
-
-
total
-
-
-
-
Income
1 450
1 450
1 450
1 450
Total tax
176
145
340
377
After tax
1 274
1 305
1 110
1 073
Living cost
271
271
271
271
Free-cash
1 003
1 034
839
802

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
£458
£513
£93
£516
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
-
-
-
1 450
surtax
-
-
-
-
unemployment
-
-
-
55
health
-
-
-
81
chamber of commerce
-
-
-
6
pensions
-
-
-
195
income
-
-
-
368
total
-
-
-
705
Employee
394
359
1 141
-
unemployment
12
11
32
-
other
4
4
11
-
income
35
26
291
-
pensions
40
37
108
-
health
15
14
41
-
total
106
92
483
-
Employer
394
359
1 141
-
pensions
49
45
132
-
surtax
-
-
-
-
payroll
12
11
34
-
other
19
17
53
-
health
15
14
40
-
accident
5
5
14
-
unemployment
12
11
32
-
chamber of commerce
2
1
5
-
total
114
104
310
-
Corporate
943
988
1 106
-
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.

236
247
277
-
total
236
247
277
-
Dividends
707
741
-
-
withholding
194
204
-
-
total
194
204
-
-
Income
1 450
1 450
1 450
1 450
Total tax
650
647
1 070
705
After tax
800
803
380
745
Living cost
287
287
287
287
Free-cash
513
516
93
458

Estimated living cost  is £287 per week

£172
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£29
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£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
£426
£473
£62
£486
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
-
-
-
1 450
surtax
-
-
-
2
unemployment
-
-
-
55
health
-
-
-
81
chamber of commerce
-
-
-
6
pensions
-
-
-
195
income
-
-
-
368
total
-
-
-
707
Employee
450
359
1 139
-
unemployment
14
11
32
-
other
4
4
11
-
income
51
26
291
-
pensions
46
37
108
-
health
17
14
41
-
total
132
92
483
-
Employer
450
359
1 139
-
pensions
56
45
132
-
surtax
2
2
2
-
payroll
14
11
34
-
other
21
17
53
-
health
17
14
40
-
accident
6
5
14
-
unemployment
14
11
32
-
chamber of commerce
2
1
5
-
total
132
106
312
-
Corporate
868
986
1 105
-
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.

217
246
276
-
total
217
246
276
-
Dividends
651
739
-
-
withholding
179
203
-
-
total
179
203
-
-
Income
1 450
1 450
1 450
1 450
Total tax
660
647
1 071
707
After tax
790
803
379
743
Living cost
317
317
317
317
Free-cash
473
486
62
426

Estimated living cost  is £317 per week

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

Additional information

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

Brussels , Belgium
£299
£349
£189
£483
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
-
-
-
1 450
national
-
-
-
524
communal

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

-
-
-
74
social contributions
-
-
-
225
total
-
-
-
823
Employee

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

644
-
1 123
-
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
-
10
-
national
198
-
400
-
communal

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

34
-
59
-
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
-
84
-
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
-
53
-
total
316
-
606
-
Employer

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

644
-
1 123
-
surtax
73
-
127
-
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
-
100
-
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
-
69
-
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
-
15
-
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
-
327
-
Corporate
618
1 450
-
-
income
124
290
-
-
surtax
2
6
-
-
total
126
296
-
-
Dividends
492
1 154
-
-
withholding

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

144
343
-
-
total
144
343
-
-
Income
1 450
1 450
1 450
1 450
Total tax
773
639
933
823
After tax
677
811
517
627
Living cost
328
328
328
328
Free-cash
349
483
189
299

Estimated living cost  is £328 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
£993
£1031
£1049
£1085
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
-
-
-
1 450
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
-
-
-
218
total
-
-
-
302
Employee
205
-
1 388
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
21
-
139
-
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
-
184
-
Employer
205
-
1 388
-
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
1 205
1 450
-
-
income
120
145
-
-
total
120
145
-
-
Dividends
1 084
1 305
-
-
withholding
54
65
-
-
total
54
65
-
-
Income
1 450
1 450
1 450
1 450
Total tax
264
210
246
302
After tax
1 186
1 240
1 204
1 148
Living cost
155
155
155
155
Free-cash
1 031
1 085
1 049
993

Estimated living cost  is £155 per week

£102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£9
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£40
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
£1030
£1079
£1086
£1122
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
-
-
-
1 450
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
-
-
-
218
total
-
-
-
302
Employee
156
-
1 388
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
16
-
139
-
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
-
184
-
Employer
156
-
1 388
-
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
1 263
1 450
-
-
income
126
145
-
-
total
126
145
-
-
Dividends
1 137
1 305
-
-
withholding
57
65
-
-
total
57
65
-
-
Income
1 450
1 450
1 450
1 450
Total tax
253
210
246
302
After tax
1 197
1 240
1 204
1 148
Living cost
118
118
118
118
Free-cash
1 079
1 122
1 086
1 030

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
£789
£801
£775
£850
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
-
-
-
1 450
health
-
-
-
37
social contributions
-
-
-
146
income
-
-
-
269
total
-
-
-
452
Employee
693
693
1 348
-
income
75
64
262
-
social contributions
26
57
78
-
health
5
12
23
-
total
106
133
363
-
Employer
693
693
1 348
-
social contributions
26
57
78
-
health
6
13
25
-
total
32
70
103
-
Corporate
1 102
687
-
-
income
138
86
-
-
total
138
86
-
-
Dividends
965
601
-
-
withholding
164
102
-
-
total
164
102
-
-
Income
1 450
1 450
1 450
1 450
Total tax
440
391
466
452
After tax
1 010
1 059
984
998
Living cost
209
209
209
209
Free-cash
801
850
775
789

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.
£58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
£706
£728
£692
£767
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
-
-
-
1 450
health
-
-
-
37
social contributions
-
-
-
146
income
-
-
-
269
total
-
-
-
452
Employee
693
693
1 348
-
income
73
64
262
-
social contributions
34
57
78
-
health
7
12
23
-
total
114
133
363
-
Employer
693
693
1 348
-
social contributions
34
57
78
-
health
8
13
25
-
total
42
70
103
-
Corporate
1 003
687
-
-
income
125
86
-
-
total
125
86
-
-
Dividends
878
601
-
-
withholding
149
102
-
-
total
149
102
-
-
Income
1 450
1 450
1 450
1 450
Total tax
430
391
466
452
After tax
1 020
1 059
984
998
Living cost
292
292
292
292
Free-cash
728
767
692
706

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
£604
£716
£540
£790
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
-
-
-
1 450
health
-
-
-
196
social contributions
-
-
-
299
income
-
-
-
143
solidarity contribution
-
-
-
-
total
-
-
-
638
Employee
306
-
1 095
-
income
37
-
132
-
social contributions
20
-
67
-
health
41
-
148
-
solidarity contribution
-
-
-
-
total
98
-
347
-
Employer
306
-
1 095
-
social contributions
76
-
256
-
health
28
-
99
-
total
104
-
355
-
Corporate
1 040
1 450
-
-
income
198
276
-
-
total
198
276
-
-
Dividends
843
1 174
-
-
withholding
126
176
-
-
total
126
176
-
-
Income
1 450
1 450
1 450
1 450
Total tax
526
452
702
638
After tax
924
998
748
812
Living cost
208
208
208
208
Free-cash
716
790
540
604

Estimated living cost  is £208 per week

£144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£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
£556
£651
£492
£742
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 450
health
-
-
-
196
social contributions
-
-
-
299
income
-
-
-
143
solidarity contribution
-
-
-
-
total
-
-
-
638
Employee
377
-
1 095
-
income
45
-
132
-
social contributions
24
-
67
-
health
51
-
148
-
solidarity contribution
-
-
-
-
total
120
-
347
-
Employer
377
-
1 095
-
social contributions
94
-
256
-
health
34
-
99
-
total
128
-
355
-
Corporate
945
1 450
-
-
income
180
276
-
-
total
180
276
-
-
Dividends
765
1 174
-
-
withholding
115
176
-
-
total
115
176
-
-
Income
1 450
1 450
1 450
1 450
Total tax
543
452
702
638
After tax
907
998
748
812
Living cost
256
256
256
256
Free-cash
651
742
492
556

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
£428
-£519
-£519
-£519
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
-
-
-
1 450
national
-
-
-
166
pensions
-
-
-
8
municipal
-
-
-
298
labour market
-
-
-
115
total
-
-
-
587
Employee
1 837
1 837
1 837
-
municipal
391
391
391
-
national
224
224
224
-
pensions
3
3
3
-
labour market
147
147
147
-
total
765
765
765
-
Employer
1 837
1 837
1 837
-
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
1 450
1 450
1 450
1 450
Total tax
1 534
1 534
1 534
587
After tax
-84
-84
-84
863
Living cost
435
435
435
435
Free-cash
-519
-519
-519
428

Estimated living cost  is £435 per week

£298
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£38
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£92
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
£560
£886
£617
£942
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
-
-
-
1 450
health
-
-
-
188
pensions
-
-
-
290
income
-
-
-
194
total
-
-
-
672
Employee
256
-
1 084
-
unemployment
4
-
17
-
income
29
-
209
-
pensions
5
-
22
-
total
38
-
248
-
Employer
256
-
1 084
-
pensions
51
-
217
-
health
33
-
141
-
unemployment
2
-
9
-
total
86
-
367
-
Corporate
1 108
1 450
-
-
income
222
290
-
-
total
222
290
-
-
Dividends
886
1 160
-
-
total
-
-
-
-
Income
1 450
1 450
1 450
1 450
Total tax
346
290
615
672
After tax
1 104
1 160
835
778
Living cost
218
218
218
218
Free-cash
886
942
617
560

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
£608
£590
£424
£571
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

-
-
-
1 450
national
-
-
-
219
health
-
-
-
19
municipal
-
-
-
258
total
-
-
-
496
Employee
474
-
1 220
-
unemployment
7
-
18
-
municipal
78
-
199
-
national
8
-
136
-
pensions
32
-
82
-
health
4
-
15
-
total
129
-
450
-
Employer
474
-
1 220
-
pensions
82
-
212
-
health
4
-
9
-
accident
-
-
1
-
unemployment
3
-
8
-
total
89
-
230
-
Corporate
887
1 450
-
-
income
177
290
-
-
total
177
290
-
-
Dividends

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

532
870
-
-
municipal
96
157
-
-
national
23
86
-
-
total
119
243
-
-
Income
1 450
1 450
1 450
1 450
Total tax
514
533
680
496
After tax
936
917
770
954
Living cost
346
346
346
346
Free-cash
590
571
424
608

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
£541
£501
£534
£452
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
-
-
-
1 450
surtax
-
-
-
-
health
-
-
-
57
pensions
-
-
-
272
social contributions
-
-
-
41
income
-
-
-
216
other
-
-
-
45
total
-
-
-
631
Employee
344
-
1 131
-
income
18
-
212
-
surtax
-
-
-
-
social contributions
10
-
32
-
pensions
39
-
75
-
total
67
-
319
-
Employer
344
-
1 131
-
pensions
57
-
127
-
social contributions
1
-
3
-
other
12
-
43
-
health
24
-
100
-
unemployment
14
-
46
-
total
108
-
319
-
Corporate
998
1 450
-
-
income
280
406
-
-
surtax
-
-
-
-
total
280
406
-
-
Dividends
719
1 044
-
-
withholding
92
134
-
-
social contributions
124
180
-
-
surtax
-
-
-
-
total
216
314
-
-
Income
1 450
1 450
1 450
1 450
Total tax
671
720
638
631
After tax
779
730
812
819
Living cost
278
278
278
278
Free-cash
501
452
534
541

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
£511
£476
£504
£422
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
-
-
-
1 450
surtax
-
-
-
-
health
-
-
-
57
pensions
-
-
-
272
social contributions
-
-
-
41
income
-
-
-
216
other
-
-
-
45
total
-
-
-
631
Employee
386
-
1 131
-
income
23
-
212
-
surtax
-
-
-
-
social contributions
11
-
32
-
pensions
44
-
75
-
total
78
-
319
-
Employer
386
-
1 131
-
pensions
63
-
127
-
social contributions
1
-
3
-
other
13
-
43
-
health
27
-
100
-
unemployment
16
-
46
-
total
120
-
319
-
Corporate
944
1 450
-
-
income
264
406
-
-
surtax
-
-
-
-
total
264
406
-
-
Dividends
680
1 044
-
-
withholding
87
134
-
-
social contributions
117
180
-
-
surtax
-
-
-
-
total
204
314
-
-
Income
1 450
1 450
1 450
1 450
Total tax
666
720
638
631
After tax
784
730
812
819
Living cost
308
308
308
308
Free-cash
476
422
504
511

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
£384
£358
£377
£295
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 450
surtax
-
-
-
-
health
-
-
-
57
pensions
-
-
-
272
social contributions
-
-
-
41
income
-
-
-
216
other
-
-
-
45
total
-
-
-
631
Employee
564
-
1 131
-
income
49
-
212
-
surtax
-
-
-
-
social contributions
16
-
32
-
pensions
64
-
75
-
total
129
-
319
-
Employer
564
-
1 131
-
pensions
93
-
127
-
social contributions
2
-
3
-
other
19
-
43
-
health
39
-
100
-
unemployment
23
-
46
-
total
176
-
319
-
Corporate
710
1 450
-
-
income
199
406
-
-
surtax
-
-
-
-
total
199
406
-
-
Dividends
511
1 044
-
-
withholding
65
134
-
-
social contributions
88
180
-
-
surtax
-
-
-
-
total
153
314
-
-
Income
1 450
1 450
1 450
1 450
Total tax
657
720
638
631
After tax
793
730
812
819
Living cost
435
435
435
435
Free-cash
358
295
377
384

Estimated living cost  is £435 per week

£294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£36
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£99
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
£1378
£1308
£1102
£1320
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%.

-
-
-
1 450
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
-
1 450
-
income
15
-
290
-
total
15
-
290
-
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%.

1 377
1 450
-
-
total
-
-
-
-
Dividends
1 377
1 450
-
-
withholding
69
72
-
-
total
69
72
-
-
Income
1 450
1 450
1 450
1 450
Total tax
84
72
290
14
After tax
1 366
1 378
1 160
1 436
Living cost
58
58
58
58
Free-cash
1 308
1 320
1 102
1 378

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
£1345
£1269
£1069
£1287
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%.

-
-
-
1 450
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
114
-
1 450
-
income
23
-
290
-
total
23
-
290
-
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%.

1 336
1 450
-
-
total
-
-
-
-
Dividends
1 336
1 450
-
-
withholding
67
72
-
-
total
67
72
-
-
Income
1 450
1 450
1 450
1 450
Total tax
90
72
290
14
After tax
1 360
1 378
1 160
1 436
Living cost
91
91
91
91
Free-cash
1 269
1 287
1 069
1 345

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.
£23
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
£435
£516
£583
£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

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

-
-
-
1 450
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.

-
-
-
24
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.

-
-
-
433
trade
-
-
-
148
total
-
-
-
667
Employee

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

448
-
1 450
-
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
-
433
-
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
-
24
-
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
-
519
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 002
1 450
-
-
trade
144
208
-
-
income
150
218
-
-
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
305
441
-
-
Dividends
697
1 009
-
-
withholding
171
249
-
-
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
14
-
-
total
180
263
-
-
Income
1 450
1 450
1 450
1 450
Total tax
586
704
519
667
After tax
864
746
931
783
Living cost
348
348
348
348
Free-cash
516
398
583
435

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
£496
£557
£658
£459
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.

-
-
-
1 450
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.

-
-
-
24
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.

-
-
-
433
trade
-
-
-
162
total
-
-
-
681
Employee

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

345
-
1 450
-
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
-
433
-
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
-
24
-
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
-
519
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 105
1 450
-
-
trade
174
228
-
-
income
166
218
-
-
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
352
461
-
-
Dividends
753
989
-
-
withholding
185
244
-
-
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
195
257
-
-
Income
1 450
1 450
1 450
1 450
Total tax
620
718
519
681
After tax
830
732
931
769
Living cost
273
273
273
273
Free-cash
557
459
658
496

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
£407
£497
£577
£370
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.

-
-
-
1 450
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.

-
-
-
24
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.

-
-
-
433
trade
-
-
-
170
total
-
-
-
689
Employee

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

457
-
1 450
-
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
-
433
-
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
-
24
-
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
-
519
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
993
1 450
-
-
trade
163
239
-
-
income
149
218
-
-
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
323
472
-
-
Dividends
670
979
-
-
withholding
164
241
-
-
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
173
254
-
-
Income
1 450
1 450
1 450
1 450
Total tax
599
726
519
689
After tax
851
724
931
761
Living cost
354
354
354
354
Free-cash
497
370
577
407

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
£341
£448
£518
£303
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.

-
-
-
1 450
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.

-
-
-
24
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.

-
-
-
433
trade
-
-
-
177
total
-
-
-
696
Employee

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

541
-
1 450
-
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
-
433
-
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
-
24
-
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
-
519
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
909
1 450
-
-
trade
156
249
-
-
income
136
218
-
-
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
303
482
-
-
Dividends
606
968
-
-
withholding
148
239
-
-
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
156
252
-
-
Income
1 450
1 450
1 450
1 450
Total tax
589
734
519
696
After tax
861
716
931
754
Living cost
413
413
413
413
Free-cash
448
303
518
341

Estimated living cost  is £413 per week

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

Additional information

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

Athens , Greece
£487
£681
£430
£710
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 450
surtax
-
-
-
56
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
240
income
-
-
-
378
other
-
-
-
-
total
-
-
-
761
Employee
303
-
1 198
-
unemployment
21
-
83
-
other
-
-
-
-
income
51
-
325
-
surtax
1
-
47
-
pensions
20
-
80
-
health
8
-
31
-
total
101
-
566
-
Employer
303
-
1 198
-
pensions
40
-
160
-
other
-
-
-
-
health
14
-
54
-
unemployment
10
-
38
-
total
64
-
252
-
Corporate
1 083
1 450
-
-
income
282
377
-
-
total
282
377
-
-
Dividends
801
1 073
-
-
withholding
120
161
-
-
total
120
161
-
-
Income
1 450
1 450
1 450
1 450
Total tax
567
538
818
761
After tax
883
912
632
689
Living cost
202
202
202
202
Free-cash
681
710
430
487

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
£490
£684
£433
£713
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
-
-
-
1 450
surtax
-
-
-
56
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
240
income
-
-
-
378
other
-
-
-
-
total
-
-
-
761
Employee
298
-
1 198
-
unemployment
21
-
83
-
other
-
-
-
-
income
50
-
325
-
surtax
1
-
47
-
pensions
20
-
80
-
health
8
-
31
-
total
100
-
566
-
Employer
298
-
1 198
-
pensions
40
-
160
-
other
-
-
-
-
health
14
-
54
-
unemployment
9
-
38
-
total
63
-
252
-
Corporate
1 089
1 450
-
-
income
283
377
-
-
total
283
377
-
-
Dividends
806
1 073
-
-
withholding
121
161
-
-
total
121
161
-
-
Income
1 450
1 450
1 450
1 450
Total tax
567
538
818
761
After tax
883
912
632
689
Living cost
199
199
199
199
Free-cash
684
713
433
490

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
£826
£640
£662
£637
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
-
-
-
1 450
unemployment
-
-
-
22
health
-
-
-
101
pensions
-
-
-
145
income
-
-
-
177
total
-
-
-
445
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
1 213
-
unemployment
4
2
18
-
income
32
13
148
-
pensions
26
10
121
-
health
18
7
85
-
total
80
32
372
-
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
1 213
-
pensions
50
20
237
-
total
50
20
237
-
Corporate
1 141
1 327
-
-
income
103
119
-
-
total
103
119
-
-
Dividends
1 039
1 208
-
-
withholding
197
229
-
-
social contributions
201
234
-
-
total
398
463
-
-
Income
1 450
1 450
1 450
1 450
Total tax
631
634
609
445
After tax
819
816
841
1 005
Living cost
179
179
179
179
Free-cash
640
637
662
826

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
£421
£461
£433
£469
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
-
-
-
1 450
national
-
-
-
245
pensions
-
-
-
174
social contributions
-
-
-
16
municipal
-
-
-
158
total
-
-
-
593
Employee
676
-
1 254
-
municipal
84
-
164
-
national
129
-
254
-
pensions
27
-
50
-
total
240
-
468
-
Employer
676
-
1 254
-
pensions
54
-
100
-
social contributions
7
-
13
-
total
61
-
113
-
Corporate
668
1 450
-
-
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%.

134
290
-
-
total
134
290
-
-
Dividends
534
1 160
-
-
withholding
118
255
-
-
total
118
255
-
-
Income
1 450
1 450
1 450
1 450
Total tax
553
545
581
593
After tax
897
905
869
857
Living cost
436
436
436
436
Free-cash
461
469
433
421

Estimated living cost  is £436 per week

£296
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
£267
£522
£267
£502
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
-
-
-
1 450
social contributions
-
-
-
239
income
-
-
-
431
total
-
-
-
670
Employee
705
-
1 450
-
social contributions
59
-
239
-
income
133
-
431
-
total
192
-
670
-
Employer
705
-
1 450
-
total
-
-
-
-
Corporate
745
1 450
-
-
income
93
181
-
-
total
93
181
-
-
Dividends
652
1 269
-
-
withholding
130
254
-
-
total
130
254
-
-
Income
1 450
1 450
1 450
1 450
Total tax
415
435
670
670
After tax
1 035
1 015
780
780
Living cost
513
513
513
513
Free-cash
522
502
267
267

Estimated living cost  is £513 per week

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

Additional information

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

Milan , Italy
£321
£346
£255
£393
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
-
-
-
1 450
national
-
-
-
350
regional
-
-
-
17
social contributions
-
-
-
373
municipal
-
-
-
9
total
-
-
-
749
Employee
801
-
1 450
-
municipal
4
-
8
-
national
139
-
303
-
social contributions
270
-
489
-
regional
8
-
15
-
total
421
-
815
-
Employer
801
-
1 450
-
total
-
-
-
-
Corporate
649
1 450
-
-
nationa
156
348
-
-
municipal
25
57
-
-
total
181
405
-
-
Dividends
468
1 045
-
-
withholding
122
272
-
-
total
122
272
-
-
Income
1 450
1 450
1 450
1 450
Total tax
724
677
815
749
After tax
726
773
635
701
Living cost
380
380
380
380
Free-cash
346
393
255
321

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
£453
£499
£387
£519
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
-
-
-
1 450
national
-
-
-
350
regional
-
-
-
22
social contributions
-
-
-
373
municipal
-
-
-
9
total
-
-
-
754
Employee
500
-
1 450
-
municipal
3
-
8
-
national
79
-
303
-
social contributions
169
-
489
-
regional
7
-
20
-
total
258
-
820
-
Employer
500
-
1 450
-
total
-
-
-
-
Corporate
950
1 450
-
-
nationa
228
348
-
-
municipal
47
72
-
-
total
275
420
-
-
Dividends
675
1 030
-
-
withholding
175
268
-
-
total
175
268
-
-
Income
1 450
1 450
1 450
1 450
Total tax
708
688
820
754
After tax
742
762
630
696
Living cost
243
243
243
243
Free-cash
499
519
387
453

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