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
£ 1550
per

Your estimated
City
free-cash

Andorra , Andorra
£873
£1094
£914
£1125
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
-
-
-
1 550
social contributions
-
-
-
341
income
-
-
-
66
total
-
-
-
407
Employee
288
-
1 342
-
social contributions
19
-
87
-
income
-
-
71
-
total
19
-
158
-
Employer
288
-
1 342
-
social contributions
45
-
208
-
total
45
-
208
-
Corporate
1 217
1 550
-
-
income
122
155
-
-
total
122
155
-
-
Dividends
1 095
1 395
-
-
total
-
-
-
-
Income
1 550
1 550
1 550
1 550
Total tax
186
155
366
407
After tax
1 364
1 395
1 184
1 143
Living cost
270
270
270
270
Free-cash
1 094
1 125
914
873

Estimated living cost  is £270 per week

£174
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
£512
£567
£126
£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
-
-
-
1 550
surtax
-
-
-
-
unemployment
-
-
-
55
health
-
-
-
80
chamber of commerce
-
-
-
6
pensions
-
-
-
194
income
-
-
-
417
total
-
-
-
752
Employee
392
358
1 235
-
unemployment
12
11
31
-
other
4
4
10
-
income
35
26
333
-
pensions
40
37
107
-
health
15
14
41
-
total
106
92
522
-
Employer
392
358
1 235
-
pensions
49
45
132
-
surtax
-
-
-
-
payroll
12
11
37
-
other
19
17
57
-
health
15
14
40
-
accident
5
5
14
-
unemployment
12
11
31
-
chamber of commerce
2
1
5
-
total
114
104
316
-
Corporate
1 045
1 090
1 201
-
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.

261
272
300
-
total
261
272
300
-
Dividends
784
817
-
-
withholding
216
225
-
-
total
216
225
-
-
Income
1 550
1 550
1 550
1 550
Total tax
697
693
1 138
752
After tax
853
857
412
798
Living cost
286
286
286
286
Free-cash
567
571
126
512

Estimated living cost  is £286 per week

£172
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£29
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£80
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Vienna , Austria
£480
£530
£95
£540
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
-
-
-
1 550
surtax
-
-
-
2
unemployment
-
-
-
55
health
-
-
-
80
chamber of commerce
-
-
-
6
pensions
-
-
-
194
income
-
-
-
417
total
-
-
-
754
Employee
448
358
1 233
-
unemployment
13
11
31
-
other
4
4
10
-
income
51
26
332
-
pensions
46
37
107
-
health
17
14
41
-
total
131
92
521
-
Employer
448
358
1 233
-
pensions
56
45
132
-
surtax
2
2
2
-
payroll
13
11
37
-
other
21
17
57
-
health
17
14
40
-
accident
6
5
14
-
unemployment
13
11
31
-
chamber of commerce
2
1
5
-
total
130
106
318
-
Corporate
971
1 088
1 199
-
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.

243
272
300
-
total
243
272
300
-
Dividends
728
816
-
-
withholding
200
224
-
-
total
200
224
-
-
Income
1 550
1 550
1 550
1 550
Total tax
704
694
1 139
754
After tax
846
856
411
796
Living cost
316
316
316
316
Free-cash
530
540
95
480

Estimated living cost  is £316 per week

£211
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
£344
£407
£220
£540
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
-
-
-
1 550
national
-
-
-
575
communal

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

-
-
-
80
social contributions
-
-
-
224
total
-
-
-
879
Employee

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

642
-
1 201
-
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
197
-
434
-
communal

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

33
-
63
-
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
-
90
-
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
-
56
-
total
314
-
653
-
Employer

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

642
-
1 201
-
surtax
73
-
136
-
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
-
106
-
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.

39
-
74
-
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
-
16
-
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
-
18
-
total
186
-
350
-
Corporate
721
1 550
-
-
income
144
310
-
-
surtax
3
6
-
-
total
147
316
-
-
Dividends
574
1 234
-
-
withholding

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

169
367
-
-
total
169
367
-
-
Income
1 550
1 550
1 550
1 550
Total tax
816
683
1 003
879
After tax
734
867
547
671
Living cost
327
327
327
327
Free-cash
407
540
220
344

Estimated living cost  is £327 per week

£211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£29
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£83
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sofia , Bulgaria
£1080
£1116
£1139
£1170
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
-
-
-
1 550
unemployment
-
-
-
1
health
-
-
-
36
pensions

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

-
-
-
46
income
-
-
-
232
total
-
-
-
315
Employee
205
-
1 488
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
20
-
149
-
pensions

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

18
-
28
-
health
9
-
14
-
total
49
-
194
-
Employer
205
-
1 488
-
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
1 305
1 550
-
-
income
131
155
-
-
total
131
155
-
-
Dividends
1 175
1 395
-
-
withholding
59
70
-
-
total
59
70
-
-
Income
1 550
1 550
1 550
1 550
Total tax
279
225
256
315
After tax
1 271
1 325
1 294
1 235
Living cost
155
155
155
155
Free-cash
1 116
1 170
1 139
1 080

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
£1117
£1165
£1176
£1207
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
-
-
-
1 550
unemployment
-
-
-
1
health
-
-
-
36
pensions

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

-
-
-
46
income
-
-
-
232
total
-
-
-
315
Employee
156
-
1 488
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
16
-
149
-
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
-
194
-
Employer
156
-
1 488
-
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
1 363
1 550
-
-
income
136
155
-
-
total
136
155
-
-
Dividends
1 227
1 395
-
-
withholding
61
70
-
-
total
61
70
-
-
Income
1 550
1 550
1 550
1 550
Total tax
267
225
256
315
After tax
1 283
1 325
1 294
1 235
Living cost
118
118
118
118
Free-cash
1 165
1 207
1 176
1 117

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
£853
£875
£839
£922
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
-
-
-
1 550
health
-
-
-
40
social contributions
-
-
-
145
income
-
-
-
304
total
-
-
-
489
Employee
690
690
1 446
-
income
75
64
297
-
social contributions
26
57
77
-
health
5
12
25
-
total
106
133
399
-
Employer
690
690
1 446
-
social contributions
26
57
77
-
health
6
13
27
-
total
32
70
104
-
Corporate
1 204
790
-
-
income
150
99
-
-
total
150
99
-
-
Dividends
1 053
691
-
-
withholding
179
118
-
-
total
179
118
-
-
Income
1 550
1 550
1 550
1 550
Total tax
467
420
503
489
After tax
1 083
1 130
1 047
1 061
Living cost
208
208
208
208
Free-cash
875
922
839
853

Estimated living cost  is £208 per week

£124
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
£770
£803
£756
£839
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
-
-
-
1 550
health
-
-
-
40
social contributions
-
-
-
145
income
-
-
-
304
total
-
-
-
489
Employee
690
690
1 446
-
income
72
64
297
-
social contributions
34
57
77
-
health
7
12
25
-
total
113
133
399
-
Employer
690
690
1 446
-
social contributions
34
57
77
-
health
7
13
27
-
total
41
70
104
-
Corporate
1 105
790
-
-
income
138
99
-
-
total
138
99
-
-
Dividends
967
691
-
-
withholding
164
118
-
-
total
164
118
-
-
Income
1 550
1 550
1 550
1 550
Total tax
456
420
503
489
After tax
1 094
1 130
1 047
1 061
Living cost
291
291
291
291
Free-cash
803
839
756
770

Estimated living cost  is £291 per week

£199
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.
£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
Brno , Czech Republic
£679
£786
£611
£861
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
-
-
-
1 550
health
-
-
-
209
social contributions
-
-
-
298
income
-
-
-
156
solidarity contribution
-
-
-
1
total
-
-
-
664
Employee
305
-
1 188
-
income
37
-
144
-
social contributions
20
-
66
-
health
41
-
160
-
solidarity contribution
-
-
-
-
total
98
-
370
-
Employer
305
-
1 188
-
social contributions
76
-
255
-
health
27
-
107
-
total
103
-
362
-
Corporate
1 141
1 550
-
-
income
217
294
-
-
total
217
294
-
-
Dividends
925
1 256
-
-
withholding
139
188
-
-
total
139
188
-
-
Income
1 550
1 550
1 550
1 550
Total tax
557
482
732
664
After tax
993
1 068
818
886
Living cost
207
207
207
207
Free-cash
786
861
611
679

Estimated living cost  is £207 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.
£44
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
£630
£720
£562
£813
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
-
-
-
1 550
health
-
-
-
209
social contributions
-
-
-
298
income
-
-
-
156
solidarity contribution
-
-
-
1
total
-
-
-
664
Employee
376
-
1 188
-
income
45
-
144
-
social contributions
24
-
66
-
health
51
-
160
-
solidarity contribution
-
-
-
-
total
120
-
370
-
Employer
376
-
1 188
-
social contributions
94
-
255
-
health
34
-
107
-
total
128
-
362
-
Corporate
1 047
1 550
-
-
income
199
294
-
-
total
199
294
-
-
Dividends
848
1 256
-
-
withholding
127
188
-
-
total
127
188
-
-
Income
1 550
1 550
1 550
1 550
Total tax
574
482
732
664
After tax
976
1 068
818
886
Living cost
255
255
255
255
Free-cash
720
813
562
630

Estimated living cost  is £255 per week

£190
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
£483
-£410
-£410
-£410
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
-
-
-
1 550
national
-
-
-
181
pensions
-
-
-
8
municipal
-
-
-
322
labour market
-
-
-
123
total
-
-
-
634
Employee
1 829
1 829
1 829
-
municipal
390
390
390
-
national
223
223
223
-
pensions
3
3
3
-
labour market
146
146
146
-
total
762
762
762
-
Employer
1 829
1 829
1 829
-
pensions
5
5
5
-
labour market
146
146
146
-
municipal
390
390
390
-
national
224
224
224
-
total
765
765
765
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
1 550
1 550
1 550
1 550
Total tax
1 527
1 527
1 527
634
After tax
23
23
23
916
Living cost
433
433
433
433
Free-cash
-410
-410
-410
483

Estimated living cost  is £433 per week

£297
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
£614
£967
£676
£1023
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
-
-
-
1 550
health
-
-
-
201
pensions
-
-
-
310
income
-
-
-
208
total
-
-
-
719
Employee
255
-
1 158
-
unemployment
4
-
19
-
income
29
-
223
-
pensions
5
-
23
-
total
38
-
265
-
Employer
255
-
1 158
-
pensions
51
-
232
-
health
33
-
151
-
unemployment
2
-
9
-
total
86
-
392
-
Corporate
1 209
1 550
-
-
income
242
310
-
-
total
242
310
-
-
Dividends
968
1 240
-
-
total
-
-
-
-
Income
1 550
1 550
1 550
1 550
Total tax
366
310
657
719
After tax
1 184
1 240
893
831
Living cost
217
217
217
217
Free-cash
967
1 023
676
614

Estimated living cost  is £217 per week

£149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£13
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£51
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Helsinki , Finland
£661
£650
£472
£630
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

-
-
-
1 550
national
-
-
-
250
health
-
-
-
20
municipal
-
-
-
275
total
-
-
-
545
Employee
472
-
1 304
-
unemployment
7
-
20
-
municipal
77
-
212
-
national
8
-
153
-
pensions
32
-
88
-
health
4
-
16
-
total
128
-
489
-
Employer
472
-
1 304
-
pensions
82
-
226
-
health
4
-
10
-
accident
-
-
1
-
unemployment
3
-
8
-
total
89
-
245
-
Corporate
989
1 550
-
-
income
198
310
-
-
total
198
310
-
-
Dividends

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

593
930
-
-
municipal
107
167
-
-
national
34
99
-
-
total
141
266
-
-
Income
1 550
1 550
1 550
1 550
Total tax
556
576
734
545
After tax
994
974
816
1 005
Living cost
344
344
344
344
Free-cash
650
630
472
661

Estimated living cost  is £344 per week

£225
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.
£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
£597
£554
£578
£504
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
-
-
-
1 550
surtax
-
-
-
-
health
-
-
-
65
pensions
-
-
-
279
social contributions
-
-
-
44
income
-
-
-
240
other
-
-
-
48
total
-
-
-
676
Employee
343
-
1 203
-
income
18
-
231
-
surtax
-
-
-
-
social contributions
10
-
34
-
pensions
39
-
82
-
total
67
-
347
-
Employer
343
-
1 203
-
pensions
56
-
139
-
social contributions
1
-
4
-
other
12
-
46
-
health
24
-
110
-
unemployment
14
-
49
-
total
107
-
348
-
Corporate
1 100
1 550
-
-
income
308
434
-
-
surtax
-
-
-
-
total
308
434
-
-
Dividends
792
1 116
-
-
withholding
101
143
-
-
social contributions
136
192
-
-
surtax
-
-
-
-
total
237
335
-
-
Income
1 550
1 550
1 550
1 550
Total tax
719
769
695
676
After tax
831
781
855
874
Living cost
277
277
277
277
Free-cash
554
504
578
597

Estimated living cost  is £277 per week

£160
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
£567
£527
£548
£474
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
-
-
-
1 550
surtax
-
-
-
-
health
-
-
-
65
pensions
-
-
-
279
social contributions
-
-
-
44
income
-
-
-
240
other
-
-
-
48
total
-
-
-
676
Employee
384
-
1 203
-
income
23
-
231
-
surtax
-
-
-
-
social contributions
11
-
34
-
pensions
43
-
82
-
total
77
-
347
-
Employer
384
-
1 203
-
pensions
63
-
139
-
social contributions
1
-
4
-
other
13
-
46
-
health
27
-
110
-
unemployment
16
-
49
-
total
120
-
348
-
Corporate
1 046
1 550
-
-
income
293
434
-
-
surtax
-
-
-
-
total
293
434
-
-
Dividends
753
1 116
-
-
withholding
96
143
-
-
social contributions
130
192
-
-
surtax
-
-
-
-
total
226
335
-
-
Income
1 550
1 550
1 550
1 550
Total tax
716
769
695
676
After tax
834
781
855
874
Living cost
307
307
307
307
Free-cash
527
474
548
567

Estimated living cost  is £307 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.
£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
Paris , France
£441
£409
£422
£348
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
-
-
-
1 550
surtax
-
-
-
-
health
-
-
-
65
pensions
-
-
-
279
social contributions
-
-
-
44
income
-
-
-
240
other
-
-
-
48
total
-
-
-
676
Employee
562
-
1 203
-
income
49
-
231
-
surtax
-
-
-
-
social contributions
16
-
34
-
pensions
64
-
82
-
total
129
-
347
-
Employer
562
-
1 203
-
pensions
92
-
139
-
social contributions
2
-
4
-
other
19
-
46
-
health
39
-
110
-
unemployment
23
-
49
-
total
175
-
348
-
Corporate
813
1 550
-
-
income
228
434
-
-
surtax
-
-
-
-
total
228
434
-
-
Dividends
585
1 116
-
-
withholding
75
143
-
-
social contributions
101
192
-
-
surtax
-
-
-
-
total
176
335
-
-
Income
1 550
1 550
1 550
1 550
Total tax
708
769
695
676
After tax
842
781
855
874
Living cost
433
433
433
433
Free-cash
409
348
422
441

Estimated living cost  is £433 per week

£293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£35
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
£1476
£1404
£1182
£1414
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%.

-
-
-
1 550
microenterprise

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

-
-
-
16
total
-
-
-
16
Employee
72
-
1 550
-
income
14
-
310
-
total
14
-
310
-
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%.

1 478
1 550
-
-
total
-
-
-
-
Dividends
1 478
1 550
-
-
withholding
74
78
-
-
total
74
78
-
-
Income
1 550
1 550
1 550
1 550
Total tax
88
78
310
16
After tax
1 462
1 472
1 240
1 534
Living cost
58
58
58
58
Free-cash
1 404
1 414
1 182
1 476

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
£1444
£1365
£1150
£1382
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%.

-
-
-
1 550
microenterprise

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

-
-
-
16
total
-
-
-
16
Employee
113
-
1 550
-
income
23
-
310
-
total
23
-
310
-
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%.

1 437
1 550
-
-
total
-
-
-
-
Dividends
1 437
1 550
-
-
withholding
72
78
-
-
total
72
78
-
-
Income
1 550
1 550
1 550
1 550
Total tax
95
78
310
16
After tax
1 455
1 472
1 240
1 534
Living cost
90
90
90
90
Free-cash
1 365
1 382
1 150
1 444

Estimated living cost  is £90 per week

£61
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£4
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£22
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Berlin , Germany
£478
£570
£641
£451
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.

-
-
-
1 550
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.

-
-
-
26
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.

-
-
-
61
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.

-
-
-
476
trade
-
-
-
163
total
-
-
-
726
Employee

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

446
-
1 550
-
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
-
476
-
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
-
26
-
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.

61
-
61
-
total
100
-
563
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 104
1 550
-
-
trade
158
222
-
-
income
166
233
-
-
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
13
-
-
total
336
472
-
-
Dividends
768
1 079
-
-
withholding
188
266
-
-
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
15
-
-
total
198
281
-
-
Income
1 550
1 550
1 550
1 550
Total tax
634
753
563
726
After tax
916
797
987
824
Living cost
346
346
346
346
Free-cash
570
451
641
478

Estimated living cost  is £346 per week

£239
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
£537
£609
£715
£509
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.

-
-
-
1 550
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.

-
-
-
26
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.

-
-
-
61
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.

-
-
-
476
trade
-
-
-
178
total
-
-
-
741
Employee

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

343
-
1 550
-
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
-
476
-
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
-
26
-
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.

61
-
61
-
total
72
-
563
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 207
1 550
-
-
trade
190
244
-
-
income
181
233
-
-
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
13
-
-
total
384
494
-
-
Dividends
823
1 057
-
-
withholding
202
261
-
-
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
213
275
-
-
Income
1 550
1 550
1 550
1 550
Total tax
669
769
563
741
After tax
881
781
987
809
Living cost
272
272
272
272
Free-cash
609
509
715
537

Estimated living cost  is £272 per week

£171
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
£449
£549
£635
£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

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

-
-
-
1 550
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.

-
-
-
26
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.

-
-
-
61
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.

-
-
-
476
trade
-
-
-
186
total
-
-
-
749
Employee

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

455
-
1 550
-
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
-
476
-
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
-
26
-
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.

61
-
61
-
total
102
-
563
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 095
1 550
-
-
trade
180
255
-
-
income
164
233
-
-
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
13
-
-
total
356
505
-
-
Dividends
739
1 046
-
-
withholding
181
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
191
272
-
-
Income
1 550
1 550
1 550
1 550
Total tax
649
777
563
749
After tax
901
773
987
801
Living cost
352
352
352
352
Free-cash
549
421
635
449

Estimated living cost  is £352 per week

£236
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.
£74
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
£382
£502
£576
£354
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.

-
-
-
1 550
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.

-
-
-
26
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.

-
-
-
61
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.

-
-
-
476
trade
-
-
-
194
total
-
-
-
757
Employee

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

539
-
1 550
-
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.

63
-
476
-
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.

3
-
26
-
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.

61
-
61
-
total
127
-
563
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 011
1 550
-
-
trade
173
266
-
-
income
152
233
-
-
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.

8
13
-
-
total
336
516
-
-
Dividends
675
1 035
-
-
withholding
165
255
-
-
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
174
269
-
-
Income
1 550
1 550
1 550
1 550
Total tax
637
785
563
757
After tax
913
765
987
793
Living cost
411
411
411
411
Free-cash
502
354
576
382

Estimated living cost  is £411 per week

£300
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
£532
£744
£477
£773
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
-
-
-
1 550
surtax
-
-
-
65
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
239
income
-
-
-
425
other
-
-
-
-
total
-
-
-
816
Employee
302
-
1 298
-
unemployment
21
-
83
-
other
-
-
-
-
income
51
-
371
-
surtax
1
-
54
-
pensions
20
-
80
-
health
8
-
31
-
total
101
-
619
-
Employer
302
-
1 298
-
pensions
40
-
160
-
other
-
-
-
-
health
14
-
54
-
unemployment
10
-
38
-
total
64
-
252
-
Corporate
1 184
1 550
-
-
income
308
403
-
-
total
308
403
-
-
Dividends
876
1 147
-
-
withholding
131
172
-
-
total
131
172
-
-
Income
1 550
1 550
1 550
1 550
Total tax
604
575
871
816
After tax
946
975
679
734
Living cost
202
202
202
202
Free-cash
744
773
477
532

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
£536
£747
£481
£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
-
-
-
1 550
surtax
-
-
-
65
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
239
income
-
-
-
425
other
-
-
-
-
total
-
-
-
816
Employee
297
-
1 298
-
unemployment
21
-
83
-
other
-
-
-
-
income
50
-
371
-
surtax
1
-
54
-
pensions
20
-
80
-
health
8
-
31
-
total
100
-
619
-
Employer
297
-
1 298
-
pensions
40
-
160
-
other
-
-
-
-
health
14
-
54
-
unemployment
9
-
38
-
total
63
-
252
-
Corporate
1 191
1 550
-
-
income
310
403
-
-
total
310
403
-
-
Dividends
881
1 147
-
-
withholding
132
172
-
-
total
132
172
-
-
Income
1 550
1 550
1 550
1 550
Total tax
605
575
871
816
After tax
945
975
679
734
Living cost
198
198
198
198
Free-cash
747
777
481
536

Estimated living cost  is £198 per week

£121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£54
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Budapest , Hungary
£894
£694
£718
£691
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
-
-
-
1 550
unemployment
-
-
-
23
health
-
-
-
109
pensions
-
-
-
155
income
-
-
-
189
total
-
-
-
476
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.

259
103
1 297
-
unemployment
4
2
19
-
income
32
13
159
-
pensions
26
10
130
-
health
18
7
91
-
total
80
32
399
-
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.

259
103
1 297
-
pensions
51
20
253
-
total
51
20
253
-
Corporate
1 240
1 427
-
-
income
112
128
-
-
total
112
128
-
-
Dividends
1 129
1 298
-
-
withholding
214
247
-
-
social contributions
219
252
-
-
total
433
499
-
-
Income
1 550
1 550
1 550
1 550
Total tax
676
679
652
476
After tax
874
871
898
1 074
Living cost
180
180
180
180
Free-cash
694
691
718
894

Estimated living cost  is £180 per week

£123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£39
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
£477
£527
£485
£534
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
-
-
-
1 550
national
-
-
-
267
pensions
-
-
-
186
social contributions
-
-
-
17
municipal
-
-
-
170
total
-
-
-
640
Employee
671
-
1 340
-
municipal
83
-
176
-
national
128
-
281
-
pensions
27
-
54
-
total
238
-
511
-
Employer
671
-
1 340
-
pensions
54
-
107
-
social contributions
7
-
14
-
total
61
-
121
-
Corporate
774
1 550
-
-
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%.

155
310
-
-
total
155
310
-
-
Dividends
619
1 240
-
-
withholding
136
273
-
-
total
136
273
-
-
Income
1 550
1 550
1 550
1 550
Total tax
590
583
632
640
After tax
960
967
918
910
Living cost
433
433
433
433
Free-cash
527
534
485
477

Estimated living cost  is £433 per week

£294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£40
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£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.
£92
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Dublin , Ireland
£309
£595
£309
£574
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
-
-
-
1 550
social contributions
-
-
-
258
income
-
-
-
472
total
-
-
-
730
Employee
702
-
1 550
-
social contributions
58
-
258
-
income
132
-
472
-
total
190
-
730
-
Employer
702
-
1 550
-
total
-
-
-
-
Corporate
848
1 550
-
-
income
106
194
-
-
total
106
194
-
-
Dividends
742
1 356
-
-
withholding
148
271
-
-
total
148
271
-
-
Income
1 550
1 550
1 550
1 550
Total tax
444
465
730
730
After tax
1 106
1 085
820
820
Living cost
511
511
511
511
Free-cash
595
574
309
309

Estimated living cost  is £511 per week

£389
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
£364
£401
£294
£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
-
-
-
1 550
national
-
-
-
381
regional
-
-
-
18
social contributions
-
-
-
399
municipal
-
-
-
9
total
-
-
-
807
Employee
797
-
1 550
-
municipal
4
-
8
-
national
138
-
330
-
social contributions
269
-
523
-
regional
8
-
16
-
total
419
-
877
-
Employer
797
-
1 550
-
total
-
-
-
-
Corporate
753
1 550
-
-
nationa
181
372
-
-
municipal
29
60
-
-
total
210
432
-
-
Dividends
543
1 118
-
-
withholding
141
291
-
-
total
141
291
-
-
Income
1 550
1 550
1 550
1 550
Total tax
770
723
877
807
After tax
780
827
673
743
Living cost
379
379
379
379
Free-cash
401
448
294
364

Estimated living cost  is £379 per week

£264
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
£496
£552
£426
£573
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
-
-
-
1 550
national
-
-
-
381
regional
-
-
-
23
social contributions
-
-
-
399
municipal
-
-
-
9
total
-
-
-
812
Employee
498
-
1 550
-
municipal
3
-
8
-
national
79
-
330
-
social contributions
168
-
523
-
regional
7
-
21
-
total
257
-
882
-
Employer
498
-
1 550
-
total
-
-
-
-
Corporate
1 052
1 550
-
-
nationa
253
372
-
-
municipal
52
77
-
-
total
305
449
-
-
Dividends
747
1 101
-
-
withholding
194
286
-
-
total
194
286
-
-
Income
1 550
1 550
1 550
1 550
Total tax
756
735
882
812
After tax
794
815
668
738
Living cost
242
242
242
242
Free-cash
552
573
426
496

Estimated living cost  is £242 per week

£150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£24
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