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
£ 1500
per

Your estimated
City
free-cash

Andorra , Andorra
£837
£1048
£877
£1079
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
-
-
-
1 500
social contributions
-
-
-
330
income
-
-
-
62
total
-
-
-
392
Employee
290
-
1 299
-
social contributions
19
-
84
-
income
-
-
67
-
total
19
-
151
-
Employer
290
-
1 299
-
social contributions
45
-
201
-
total
45
-
201
-
Corporate
1 165
1 500
-
-
income
117
150
-
-
total
117
150
-
-
Dividends
1 049
1 350
-
-
total
-
-
-
-
Income
1 500
1 500
1 500
1 500
Total tax
181
150
352
392
After tax
1 319
1 350
1 148
1 108
Living cost
271
271
271
271
Free-cash
1 048
1 079
877
837

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
£484
£540
£108
£544
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
-
-
-
1 500
surtax
-
-
-
-
unemployment
-
-
-
55
health
-
-
-
81
chamber of commerce
-
-
-
6
pensions
-
-
-
195
income
-
-
-
392
total
-
-
-
729
Employee
394
359
1 187
-
unemployment
12
11
32
-
other
4
4
11
-
income
35
26
311
-
pensions
40
37
108
-
health
15
14
41
-
total
106
92
503
-
Employer
394
359
1 187
-
pensions
49
45
132
-
surtax
-
-
-
-
payroll
12
11
36
-
other
19
17
55
-
health
15
14
40
-
accident
5
5
14
-
unemployment
12
11
32
-
chamber of commerce
2
1
5
-
total
114
104
314
-
Corporate
993
1 038
1 153
-
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.

248
259
288
-
total
248
259
288
-
Dividends
745
778
-
-
withholding
205
214
-
-
total
205
214
-
-
Income
1 500
1 500
1 500
1 500
Total tax
673
669
1 105
729
After tax
827
831
395
771
Living cost
287
287
287
287
Free-cash
540
544
108
484

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
£452
£500
£77
£512
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
-
-
-
1 500
surtax
-
-
-
2
unemployment
-
-
-
55
health
-
-
-
81
chamber of commerce
-
-
-
6
pensions
-
-
-
195
income
-
-
-
392
total
-
-
-
731
Employee
450
359
1 186
-
unemployment
14
11
32
-
other
4
4
11
-
income
51
26
310
-
pensions
46
37
108
-
health
17
14
41
-
total
132
92
502
-
Employer
450
359
1 186
-
pensions
56
45
132
-
surtax
2
2
2
-
payroll
14
11
36
-
other
21
17
55
-
health
17
14
40
-
accident
6
5
14
-
unemployment
14
11
32
-
chamber of commerce
2
1
5
-
total
132
106
316
-
Corporate
918
1 036
1 151
-
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.

230
259
288
-
total
230
259
288
-
Dividends
689
777
-
-
withholding
189
214
-
-
total
189
214
-
-
Income
1 500
1 500
1 500
1 500
Total tax
683
671
1 106
731
After tax
817
829
394
769
Living cost
317
317
317
317
Free-cash
500
512
77
452

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
£321
£376
£205
£511
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
-
-
-
1 500
national
-
-
-
549
communal

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

-
-
-
77
social contributions
-
-
-
225
total
-
-
-
851
Employee

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

644
-
1 162
-
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
-
416
-
communal

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

34
-
61
-
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
-
87
-
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
-
55
-
total
316
-
629
-
Employer

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

644
-
1 162
-
surtax
73
-
132
-
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
-
103
-
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
-
71
-
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
-
17
-
total
187
-
338
-
Corporate
668
1 500
-
-
income
134
300
-
-
surtax
3
6
-
-
total
137
306
-
-
Dividends
532
1 194
-
-
withholding

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

156
355
-
-
total
156
355
-
-
Income
1 500
1 500
1 500
1 500
Total tax
796
661
967
851
After tax
704
839
533
649
Living cost
328
328
328
328
Free-cash
376
511
205
321

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
£1036
£1074
£1094
£1127
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
-
-
-
1 500
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
-
-
-
225
total
-
-
-
309
Employee
205
-
1 438
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
21
-
144
-
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
-
189
-
Employer
205
-
1 438
-
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
1 254
1 500
-
-
income
125
150
-
-
total
125
150
-
-
Dividends
1 129
1 350
-
-
withholding
56
68
-
-
total
56
68
-
-
Income
1 500
1 500
1 500
1 500
Total tax
271
218
251
309
After tax
1 229
1 282
1 249
1 191
Living cost
155
155
155
155
Free-cash
1 074
1 127
1 094
1 036

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
£1073
£1122
£1131
£1164
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
-
-
-
1 500
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
-
-
-
225
total
-
-
-
309
Employee
157
-
1 438
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
16
-
144
-
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
-
189
-
Employer
157
-
1 438
-
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
1 313
1 500
-
-
income
131
150
-
-
total
131
150
-
-
Dividends
1 181
1 350
-
-
withholding
59
68
-
-
total
59
68
-
-
Income
1 500
1 500
1 500
1 500
Total tax
260
218
251
309
After tax
1 240
1 282
1 249
1 191
Living cost
118
118
118
118
Free-cash
1 122
1 164
1 131
1 073

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
£821
£838
£806
£886
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
-
-
-
1 500
health
-
-
-
38
social contributions
-
-
-
146
income
-
-
-
286
total
-
-
-
470
Employee
693
693
1 397
-
income
75
64
279
-
social contributions
26
57
78
-
health
5
12
24
-
total
106
133
381
-
Employer
693
693
1 397
-
social contributions
26
57
78
-
health
6
13
26
-
total
32
70
104
-
Corporate
1 152
737
-
-
income
144
92
-
-
total
144
92
-
-
Dividends
1 008
645
-
-
withholding
171
110
-
-
total
171
110
-
-
Income
1 500
1 500
1 500
1 500
Total tax
453
405
485
470
After tax
1 047
1 095
1 015
1 030
Living cost
209
209
209
209
Free-cash
838
886
806
821

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
£738
£763
£723
£803
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
-
-
-
1 500
health
-
-
-
38
social contributions
-
-
-
146
income
-
-
-
286
total
-
-
-
470
Employee
693
693
1 397
-
income
73
64
279
-
social contributions
34
57
78
-
health
7
12
24
-
total
114
133
381
-
Employer
693
693
1 397
-
social contributions
34
57
78
-
health
8
13
26
-
total
42
70
104
-
Corporate
1 053
737
-
-
income
132
92
-
-
total
132
92
-
-
Dividends
922
645
-
-
withholding
157
110
-
-
total
157
110
-
-
Income
1 500
1 500
1 500
1 500
Total tax
445
405
485
470
After tax
1 055
1 095
1 015
1 030
Living cost
292
292
292
292
Free-cash
763
803
723
738

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
£641
£751
£574
£825
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
-
-
-
1 500
health
-
-
-
202
social contributions
-
-
-
299
income
-
-
-
150
solidarity contribution
-
-
-
-
total
-
-
-
651
Employee
306
-
1 141
-
income
37
-
138
-
social contributions
20
-
67
-
health
41
-
154
-
solidarity contribution
-
-
-
-
total
98
-
359
-
Employer
306
-
1 141
-
social contributions
76
-
256
-
health
28
-
103
-
total
104
-
359
-
Corporate
1 090
1 500
-
-
income
207
285
-
-
total
207
285
-
-
Dividends
883
1 215
-
-
withholding
132
182
-
-
total
132
182
-
-
Income
1 500
1 500
1 500
1 500
Total tax
541
467
718
651
After tax
959
1 033
782
849
Living cost
208
208
208
208
Free-cash
751
825
574
641

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
£593
£686
£526
£777
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
-
-
-
1 500
health
-
-
-
202
social contributions
-
-
-
299
income
-
-
-
150
solidarity contribution
-
-
-
-
total
-
-
-
651
Employee
377
-
1 141
-
income
45
-
138
-
social contributions
24
-
67
-
health
51
-
154
-
solidarity contribution
-
-
-
-
total
120
-
359
-
Employer
377
-
1 141
-
social contributions
94
-
256
-
health
34
-
103
-
total
128
-
359
-
Corporate
995
1 500
-
-
income
189
285
-
-
total
189
285
-
-
Dividends
806
1 215
-
-
withholding
121
182
-
-
total
121
182
-
-
Income
1 500
1 500
1 500
1 500
Total tax
558
467
718
651
After tax
942
1 033
782
849
Living cost
256
256
256
256
Free-cash
686
777
526
593

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
£455
-£469
-£469
-£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
-
-
-
1 500
national
-
-
-
173
pensions
-
-
-
8
municipal
-
-
-
310
labour market
-
-
-
119
total
-
-
-
610
Employee
1 836
1 836
1 836
-
municipal
391
391
391
-
national
224
224
224
-
pensions
3
3
3
-
labour market
147
147
147
-
total
765
765
765
-
Employer
1 836
1 836
1 836
-
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
1 500
1 500
1 500
1 500
Total tax
1 534
1 534
1 534
610
After tax
-34
-34
-34
890
Living cost
435
435
435
435
Free-cash
-469
-469
-469
455

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
£586
£926
£647
£982
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
-
-
-
1 500
health
-
-
-
195
pensions
-
-
-
300
income
-
-
-
201
total
-
-
-
696
Employee
256
-
1 121
-
unemployment
4
-
18
-
income
29
-
216
-
pensions
5
-
22
-
total
38
-
256
-
Employer
256
-
1 121
-
pensions
51
-
224
-
health
33
-
146
-
unemployment
2
-
9
-
total
86
-
379
-
Corporate
1 158
1 500
-
-
income
232
300
-
-
total
232
300
-
-
Dividends
926
1 200
-
-
total
-
-
-
-
Income
1 500
1 500
1 500
1 500
Total tax
356
300
635
696
After tax
1 144
1 200
865
804
Living cost
218
218
218
218
Free-cash
926
982
647
586

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
£634
£620
£446
£599
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

-
-
-
1 500
national
-
-
-
234
health
-
-
-
19
municipal
-
-
-
267
total
-
-
-
520
Employee
474
-
1 262
-
unemployment
7
-
19
-
municipal
78
-
206
-
national
8
-
144
-
pensions
32
-
85
-
health
4
-
16
-
total
129
-
470
-
Employer
474
-
1 262
-
pensions
82
-
219
-
health
4
-
10
-
accident
-
-
1
-
unemployment
3
-
8
-
total
89
-
238
-
Corporate
937
1 500
-
-
income
187
300
-
-
total
187
300
-
-
Dividends

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

562
900
-
-
municipal
101
162
-
-
national
28
93
-
-
total
129
255
-
-
Income
1 500
1 500
1 500
1 500
Total tax
534
555
708
520
After tax
966
945
792
980
Living cost
346
346
346
346
Free-cash
620
599
446
634

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
£568
£526
£556
£478
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
-
-
-
1 500
surtax
-
-
-
-
health
-
-
-
61
pensions
-
-
-
276
social contributions
-
-
-
43
income
-
-
-
228
other
-
-
-
46
total
-
-
-
654
Employee
344
-
1 167
-
income
18
-
221
-
surtax
-
-
-
-
social contributions
10
-
33
-
pensions
39
-
79
-
total
67
-
333
-
Employer
344
-
1 167
-
pensions
57
-
133
-
social contributions
1
-
4
-
other
12
-
44
-
health
24
-
105
-
unemployment
14
-
47
-
total
108
-
333
-
Corporate
1 048
1 500
-
-
income
294
420
-
-
surtax
-
-
-
-
total
294
420
-
-
Dividends
755
1 080
-
-
withholding
97
138
-
-
social contributions
130
186
-
-
surtax
-
-
-
-
total
227
324
-
-
Income
1 500
1 500
1 500
1 500
Total tax
696
744
666
654
After tax
804
756
834
846
Living cost
278
278
278
278
Free-cash
526
478
556
568

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
£538
£501
£526
£448
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
-
-
-
1 500
surtax
-
-
-
-
health
-
-
-
61
pensions
-
-
-
276
social contributions
-
-
-
43
income
-
-
-
228
other
-
-
-
46
total
-
-
-
654
Employee
386
-
1 167
-
income
23
-
221
-
surtax
-
-
-
-
social contributions
11
-
33
-
pensions
44
-
79
-
total
78
-
333
-
Employer
386
-
1 167
-
pensions
63
-
133
-
social contributions
1
-
4
-
other
13
-
44
-
health
27
-
105
-
unemployment
16
-
47
-
total
120
-
333
-
Corporate
994
1 500
-
-
income
278
420
-
-
surtax
-
-
-
-
total
278
420
-
-
Dividends
716
1 080
-
-
withholding
92
138
-
-
social contributions
123
186
-
-
surtax
-
-
-
-
total
215
324
-
-
Income
1 500
1 500
1 500
1 500
Total tax
691
744
666
654
After tax
809
756
834
846
Living cost
308
308
308
308
Free-cash
501
448
526
538

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
£411
£383
£399
£321
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 500
surtax
-
-
-
-
health
-
-
-
61
pensions
-
-
-
276
social contributions
-
-
-
43
income
-
-
-
228
other
-
-
-
46
total
-
-
-
654
Employee
564
-
1 167
-
income
49
-
221
-
surtax
-
-
-
-
social contributions
16
-
33
-
pensions
64
-
79
-
total
129
-
333
-
Employer
564
-
1 167
-
pensions
93
-
133
-
social contributions
2
-
4
-
other
19
-
44
-
health
39
-
105
-
unemployment
23
-
47
-
total
176
-
333
-
Corporate
760
1 500
-
-
income
213
420
-
-
surtax
-
-
-
-
total
213
420
-
-
Dividends
547
1 080
-
-
withholding
70
138
-
-
social contributions
94
186
-
-
surtax
-
-
-
-
total
164
324
-
-
Income
1 500
1 500
1 500
1 500
Total tax
682
744
666
654
After tax
818
756
834
846
Living cost
435
435
435
435
Free-cash
383
321
399
411

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
£1427
£1356
£1142
£1367
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%.

-
-
-
1 500
microenterprise

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

-
-
-
15
total
-
-
-
15
Employee
73
-
1 500
-
income
15
-
300
-
total
15
-
300
-
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%.

1 427
1 500
-
-
total
-
-
-
-
Dividends
1 427
1 500
-
-
withholding
71
75
-
-
total
71
75
-
-
Income
1 500
1 500
1 500
1 500
Total tax
86
75
300
15
After tax
1 414
1 425
1 200
1 485
Living cost
58
58
58
58
Free-cash
1 356
1 367
1 142
1 427

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
£1394
£1317
£1109
£1334
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%.

-
-
-
1 500
microenterprise

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

-
-
-
15
total
-
-
-
15
Employee
114
-
1 500
-
income
23
-
300
-
total
23
-
300
-
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%.

1 386
1 500
-
-
total
-
-
-
-
Dividends
1 386
1 500
-
-
withholding
69
75
-
-
total
69
75
-
-
Income
1 500
1 500
1 500
1 500
Total tax
92
75
300
15
After tax
1 408
1 425
1 200
1 485
Living cost
91
91
91
91
Free-cash
1 317
1 334
1 109
1 394

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
£456
£541
£611
£424
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.

-
-
-
1 500
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.

-
-
-
25
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.

-
-
-
454
trade
-
-
-
155
total
-
-
-
696
Employee

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

448
-
1 500
-
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
-
454
-
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
-
25
-
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
-
541
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 052
1 500
-
-
trade
151
215
-
-
income
158
225
-
-
chamber of commerce
3
4
-
-
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
321
456
-
-
Dividends
731
1 044
-
-
withholding
179
258
-
-
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
14
-
-
total
189
272
-
-
Income
1 500
1 500
1 500
1 500
Total tax
611
728
541
696
After tax
889
772
959
804
Living cost
348
348
348
348
Free-cash
541
424
611
456

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
£516
£582
£686
£484
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.

-
-
-
1 500
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.

-
-
-
25
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.

-
-
-
454
trade
-
-
-
170
total
-
-
-
711
Employee

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

345
-
1 500
-
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
-
454
-
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
-
25
-
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
-
541
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 155
1 500
-
-
trade
182
236
-
-
income
173
225
-
-
chamber of commerce
3
4
-
-
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
12
-
-
total
368
477
-
-
Dividends
788
1 023
-
-
withholding
193
252
-
-
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.

11
14
-
-
total
204
266
-
-
Income
1 500
1 500
1 500
1 500
Total tax
645
743
541
711
After tax
855
757
959
789
Living cost
273
273
273
273
Free-cash
582
484
686
516

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
£427
£522
£605
£394
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.

-
-
-
1 500
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.

-
-
-
25
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.

-
-
-
454
trade
-
-
-
178
total
-
-
-
719
Employee

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

457
-
1 500
-
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
-
454
-
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
-
25
-
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
-
541
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 043
1 500
-
-
trade
172
247
-
-
income
156
225
-
-
chamber of commerce
3
4
-
-
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
340
488
-
-
Dividends
704
1 012
-
-
withholding
172
250
-
-
surtax

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

9
14
-
-
total
181
264
-
-
Income
1 500
1 500
1 500
1 500
Total tax
624
752
541
719
After tax
876
748
959
781
Living cost
354
354
354
354
Free-cash
522
394
605
427

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
£361
£472
£546
£329
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.

-
-
-
1 500
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.

-
-
-
25
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.

-
-
-
454
trade
-
-
-
185
total
-
-
-
726
Employee

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

541
-
1 500
-
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
-
454
-
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
-
25
-
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
-
541
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
959
1 500
-
-
trade
164
257
-
-
income
144
225
-
-
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
319
497
-
-
Dividends
640
1 002
-
-
withholding
157
247
-
-
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
166
261
-
-
Income
1 500
1 500
1 500
1 500
Total tax
615
758
541
726
After tax
885
742
959
774
Living cost
413
413
413
413
Free-cash
472
329
546
361

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
£510
£712
£453
£741
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
-
-
-
1 500
surtax
-
-
-
60
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
240
income
-
-
-
401
other
-
-
-
-
total
-
-
-
788
Employee
303
-
1 247
-
unemployment
21
-
84
-
other
-
-
-
-
income
51
-
347
-
surtax
1
-
50
-
pensions
20
-
80
-
health
8
-
31
-
total
101
-
592
-
Employer
303
-
1 247
-
pensions
40
-
160
-
other
-
-
-
-
health
14
-
55
-
unemployment
10
-
38
-
total
64
-
253
-
Corporate
1 133
1 500
-
-
income
295
390
-
-
total
295
390
-
-
Dividends
838
1 110
-
-
withholding
126
167
-
-
total
126
167
-
-
Income
1 500
1 500
1 500
1 500
Total tax
586
557
845
788
After tax
914
943
655
712
Living cost
202
202
202
202
Free-cash
712
741
453
510

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
£513
£716
£456
£744
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
-
-
-
1 500
surtax
-
-
-
60
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
240
income
-
-
-
401
other
-
-
-
-
total
-
-
-
788
Employee
298
-
1 247
-
unemployment
21
-
84
-
other
-
-
-
-
income
50
-
347
-
surtax
1
-
50
-
pensions
20
-
80
-
health
8
-
31
-
total
100
-
592
-
Employer
298
-
1 247
-
pensions
40
-
160
-
other
-
-
-
-
health
14
-
55
-
unemployment
9
-
38
-
total
63
-
253
-
Corporate
1 139
1 500
-
-
income
296
390
-
-
total
296
390
-
-
Dividends
843
1 110
-
-
withholding
126
167
-
-
total
126
167
-
-
Income
1 500
1 500
1 500
1 500
Total tax
585
557
845
788
After tax
915
943
655
712
Living cost
199
199
199
199
Free-cash
716
744
456
513

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
£860
£668
£690
£664
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
-
-
-
1 500
unemployment
-
-
-
23
health
-
-
-
105
pensions
-
-
-
150
income
-
-
-
183
total
-
-
-
461
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
1 255
-
unemployment
4
2
19
-
income
32
13
153
-
pensions
26
10
126
-
health
18
7
88
-
total
80
32
386
-
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
1 255
-
pensions
50
20
245
-
total
50
20
245
-
Corporate
1 191
1 377
-
-
income
107
124
-
-
total
107
124
-
-
Dividends
1 084
1 253
-
-
withholding
206
238
-
-
social contributions
210
243
-
-
total
416
481
-
-
Income
1 500
1 500
1 500
1 500
Total tax
653
657
631
461
After tax
847
843
869
1 039
Living cost
179
179
179
179
Free-cash
668
664
690
860

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
£450
£493
£458
£500
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
-
-
-
1 500
national
-
-
-
254
pensions
-
-
-
180
social contributions
-
-
-
16
municipal
-
-
-
164
total
-
-
-
614
Employee
676
-
1 297
-
municipal
84
-
170
-
national
129
-
266
-
pensions
27
-
52
-
total
240
-
488
-
Employer
676
-
1 297
-
pensions
54
-
104
-
social contributions
7
-
14
-
total
61
-
118
-
Corporate
718
1 500
-
-
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%.

144
300
-
-
total
144
300
-
-
Dividends
574
1 200
-
-
withholding
126
264
-
-
total
126
264
-
-
Income
1 500
1 500
1 500
1 500
Total tax
571
564
606
614
After tax
929
936
894
886
Living cost
436
436
436
436
Free-cash
493
500
458
450

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
£288
£557
£288
£537
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
-
-
-
1 500
social contributions
-
-
-
248
income
-
-
-
451
total
-
-
-
699
Employee
705
-
1 500
-
social contributions
59
-
248
-
income
133
-
451
-
total
192
-
699
-
Employer
705
-
1 500
-
total
-
-
-
-
Corporate
795
1 500
-
-
income
99
188
-
-
total
99
188
-
-
Dividends
696
1 312
-
-
withholding
139
262
-
-
total
139
262
-
-
Income
1 500
1 500
1 500
1 500
Total tax
430
450
699
699
After tax
1 070
1 050
801
801
Living cost
513
513
513
513
Free-cash
557
537
288
288

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
£341
£373
£273
£421
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
-
-
-
1 500
national
-
-
-
366
regional
-
-
-
18
social contributions
-
-
-
386
municipal
-
-
-
9
total
-
-
-
779
Employee
801
-
1 500
-
municipal
4
-
8
-
national
139
-
317
-
social contributions
270
-
506
-
regional
8
-
16
-
total
421
-
847
-
Employer
801
-
1 500
-
total
-
-
-
-
Corporate
699
1 500
-
-
nationa
168
360
-
-
municipal
27
58
-
-
total
195
418
-
-
Dividends
504
1 081
-
-
withholding
131
281
-
-
total
131
281
-
-
Income
1 500
1 500
1 500
1 500
Total tax
747
699
847
779
After tax
753
801
653
721
Living cost
380
380
380
380
Free-cash
373
421
273
341

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
£473
£524
£406
£545
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
-
-
-
1 500
national
-
-
-
366
regional
-
-
-
23
social contributions
-
-
-
386
municipal
-
-
-
9
total
-
-
-
784
Employee
500
-
1 500
-
municipal
3
-
8
-
national
79
-
317
-
social contributions
169
-
506
-
regional
7
-
20
-
total
258
-
851
-
Employer
500
-
1 500
-
total
-
-
-
-
Corporate
1 000
1 500
-
-
nationa
240
360
-
-
municipal
50
75
-
-
total
290
435
-
-
Dividends
711
1 065
-
-
withholding
185
277
-
-
total
185
277
-
-
Income
1 500
1 500
1 500
1 500
Total tax
733
712
851
784
After tax
767
788
649
716
Living cost
243
243
243
243
Free-cash
524
545
406
473

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