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
£1137
£924
£882
£1108
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
-
-
-
69
total
-
-
-
410
Employee
276
-
1 342
-
social contributions
18
-
87
-
income
-
-
73
-
total
18
-
160
-
Employer
276
-
1 342
-
social contributions
43
-
208
-
total
43
-
208
-
Corporate
1 232
1 550
-
-
income
123
155
-
-
total
123
155
-
-
Dividends
1 108
1 395
-
-
total
-
-
-
-
Income
1 550
1 550
1 550
1 550
Total tax
184
155
368
410
After tax
1 366
1 395
1 182
1 140
Living cost
258
258
258
258
Free-cash
1 108
1 137
924
882

Estimated living cost  is £258 per week

£167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£19
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.
£67
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
£587
£136
£523
£581
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
chamber of commerce
-
-
-
6
unemployment
-
-
-
53
health
-
-
-
77
pensions
-
-
-
185
income
-
-
-
432
surtax
-
-
-
-
total
-
-
-
753
Employee
375
342
1 244
-
health
15
13
39
-
pensions
38
35
103
-
other
4
3
10
-
unemployment
11
10
30
-
income
33
25
349
-
total
101
86
531
-
Employer
375
342
1 244
-
pensions
47
43
126
-
accident
5
4
13
-
unemployment
11
10
30
-
surtax
-
-
-
-
payroll
11
10
37
-
chamber of commerce
1
1
5
-
health
14
13
38
-
other
18
16
57
-
total
107
97
306
-
Corporate
1 067
1 110
1 211
-
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.

267
277
303
-
total
267
277
303
-
Dividends
800
832
-
-
withholding
220
229
-
-
total
220
229
-
-
Income
1 550
1 550
1 550
1 550
Total tax
695
689
1 140
753
After tax
855
861
410
797
Living cost
274
274
274
274
Free-cash
581
587
136
523

Estimated living cost  is £274 per week

£164
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.
£77
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
£557
£108
£493
£541
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
chamber of commerce
-
-
-
6
unemployment
-
-
-
53
health
-
-
-
77
pensions
-
-
-
185
income
-
-
-
432
surtax
-
-
-
2
total
-
-
-
755
Employee
429
342
1 242
-
health
17
13
39
-
pensions
44
35
103
-
other
4
3
10
-
unemployment
13
10
30
-
income
49
25
348
-
total
127
86
530
-
Employer
429
342
1 242
-
pensions
54
43
126
-
accident
6
4
13
-
unemployment
13
10
30
-
surtax
2
2
2
-
payroll
13
10
37
-
chamber of commerce
2
1
5
-
health
16
13
38
-
other
20
16
57
-
total
126
99
308
-
Corporate
996
1 108
1 210
-
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.

249
277
302
-
total
249
277
302
-
Dividends
747
831
-
-
withholding
205
229
-
-
total
205
229
-
-
Income
1 550
1 550
1 550
1 550
Total tax
707
691
1 140
755
After tax
843
859
410
795
Living cost
302
302
302
302
Free-cash
541
557
108
493

Estimated living cost  is £302 per week

£202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£26
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

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
£554
£231
£359
£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
-
-
-
1 550
social contributions
-
-
-
214
communal

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

-
-
-
80
national
-
-
-
584
total
-
-
-
878
Employee

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

614
-
1 201
-
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.

29
-
56
-
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.

46
-
90
-
communal

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

32
-
63
-
national
189
-
437
-
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.

5
-
10
-
total
301
-
656
-
Employer

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

614
-
1 201
-
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
-
surtax
70
-
136
-
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.

38
-
74
-
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.

54
-
106
-
total
179
-
350
-
Corporate
758
1 550
-
-
surtax
3
6
-
-
income
152
310
-
-
total
155
316
-
-
Dividends
603
1 234
-
-
withholding

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

178
367
-
-
total
178
367
-
-
Income
1 550
1 550
1 550
1 550
Total tax
813
683
1 006
878
After tax
737
867
544
672
Living cost
313
313
313
313
Free-cash
424
554
231
359

Estimated living cost  is £313 per week

£201
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.
£79
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
£1178
£1152
£1092
£1126
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
-
-
-
34
pensions

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

-
-
-
44
income
-
-
-
232
total
-
-
-
311
Employee
195
-
1 491
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
health
9
-
14
-
pensions

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

17
-
26
-
income
20
-
149
-
total
48
-
192
-
Employer
195
-
1 491
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
unemployment
1
-
2
-
health
13
-
21
-
pensions

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

22
-
33
-
total
38
-
59
-
Corporate
1 316
1 550
-
-
income
132
155
-
-
total
132
155
-
-
Dividends
1 185
1 395
-
-
withholding
59
70
-
-
total
59
70
-
-
Income
1 550
1 550
1 550
1 550
Total tax
277
225
251
311
After tax
1 273
1 325
1 299
1 239
Living cost
147
147
147
147
Free-cash
1 126
1 178
1 152
1 092

Estimated living cost  is £147 per week

£98
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.
£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.
£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
Varna , Bulgaria
£1213
£1187
£1127
£1173
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
-
-
-
34
pensions

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

-
-
-
44
income
-
-
-
232
total
-
-
-
311
Employee
149
-
1 491
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
health
7
-
14
-
pensions

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

13
-
26
-
income
15
-
149
-
total
37
-
192
-
Employer
149
-
1 491
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
unemployment
1
-
2
-
health
10
-
21
-
pensions

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

16
-
33
-
total
29
-
59
-
Corporate
1 372
1 550
-
-
income
137
155
-
-
total
137
155
-
-
Dividends
1 235
1 395
-
-
withholding
62
70
-
-
total
62
70
-
-
Income
1 550
1 550
1 550
1 550
Total tax
265
225
251
311
After tax
1 285
1 325
1 299
1 239
Living cost
112
112
112
112
Free-cash
1 173
1 213
1 187
1 127

Estimated living cost  is £112 per week

£66
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.
£36
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
£932
£844
£858
£885
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
-
-
-
139
health
-
-
-
40
income
-
-
-
314
total
-
-
-
493
Employee
660
660
1 449
-
health
5
11
25
-
social contributions
25
55
74
-
income
72
61
307
-
total
102
127
406
-
Employer
660
660
1 449
-
social contributions
25
55
74
-
health
6
12
27
-
total
31
67
101
-
Corporate
1 219
823
-
-
income
152
103
-
-
total
152
103
-
-
Dividends
1 067
721
-
-
withholding
181
122
-
-
total
181
122
-
-
Income
1 550
1 550
1 550
1 550
Total tax
466
419
507
493
After tax
1 084
1 131
1 043
1 057
Living cost
199
199
199
199
Free-cash
885
932
844
858

Estimated living cost  is £199 per week

£119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£19
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.
£56
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
£853
£765
£779
£817
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
-
-
-
139
health
-
-
-
40
income
-
-
-
314
total
-
-
-
493
Employee
660
660
1 449
-
health
7
11
25
-
social contributions
32
55
74
-
income
69
61
307
-
total
108
127
406
-
Employer
660
660
1 449
-
social contributions
32
55
74
-
health
7
12
27
-
total
39
67
101
-
Corporate
1 125
823
-
-
income
141
103
-
-
total
141
103
-
-
Dividends
984
721
-
-
withholding
167
122
-
-
total
167
122
-
-
Income
1 550
1 550
1 550
1 550
Total tax
455
419
507
493
After tax
1 095
1 131
1 043
1 057
Living cost
278
278
278
278
Free-cash
817
853
765
779

Estimated living cost  is £278 per week

£190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£22
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.
£62
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
£865
£621
£687
£793
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
-
-
-
290
health
-
-
-
209
solidarity contribution
-
-
-
4
income
-
-
-
158
total
-
-
-
661
Employee
297
-
1 194
-
health
40
-
161
-
social contributions
19
-
65
-
solidarity contribution
-
-
-
-
income
36
-
145
-
total
95
-
371
-
Employer
297
-
1 194
-
social contributions
74
-
249
-
health
27
-
107
-
total
101
-
356
-
Corporate
1 152
1 550
-
-
income
219
295
-
-
total
219
295
-
-
Dividends
933
1 255
-
-
withholding
140
188
-
-
total
140
188
-
-
Income
1 550
1 550
1 550
1 550
Total tax
555
483
727
661
After tax
995
1 067
823
889
Living cost
202
202
202
202
Free-cash
793
865
621
687

Estimated living cost  is £202 per week

£140
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.
£43
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
£818
£574
£640
£730
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
-
-
-
290
health
-
-
-
209
solidarity contribution
-
-
-
4
income
-
-
-
158
total
-
-
-
661
Employee
366
-
1 194
-
health
49
-
161
-
social contributions
24
-
65
-
solidarity contribution
-
-
-
-
income
44
-
145
-
total
117
-
371
-
Employer
366
-
1 194
-
social contributions
91
-
249
-
health
33
-
107
-
total
124
-
356
-
Corporate
1 060
1 550
-
-
income
201
295
-
-
total
201
295
-
-
Dividends
859
1 255
-
-
withholding
129
188
-
-
total
129
188
-
-
Income
1 550
1 550
1 550
1 550
Total tax
571
483
727
661
After tax
979
1 067
823
889
Living cost
249
249
249
249
Free-cash
730
818
574
640

Estimated living cost  is £249 per week

£185
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.
£46
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
-£324
-£324
£499
-£324
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
labour market
-
-
-
123
municipal
-
-
-
324
pensions
-
-
-
7
national
-
-
-
183
total
-
-
-
637
Employee
1 748
1 748
1 748
-
municipal
372
372
372
-
pensions
2
2
2
-
national
214
214
214
-
labour market
140
140
140
-
total
728
728
728
-
Employer
1 748
1 748
1 748
-
labour market
140
140
140
-
national
214
214
214
-
municipal
373
373
373
-
pensions
5
5
5
-
total
732
732
732
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
1 550
1 550
1 550
1 550
Total tax
1 460
1 460
1 460
637
After tax
90
90
90
913
Living cost
414
414
414
414
Free-cash
-324
-324
-324
499

Estimated living cost  is £414 per week

£283
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.
£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.
£88
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
£1033
£686
£624
£979
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
243
-
1 158
-
pensions
5
-
23
-
unemployment
4
-
19
-
income
27
-
223
-
total
36
-
265
-
Employer
243
-
1 158
-
pensions
49
-
232
-
unemployment
2
-
9
-
health
32
-
151
-
total
83
-
392
-
Corporate
1 224
1 550
-
-
income
245
310
-
-
total
245
310
-
-
Dividends
980
1 240
-
-
total
-
-
-
-
Income
1 550
1 550
1 550
1 550
Total tax
364
310
657
719
After tax
1 186
1 240
893
831
Living cost
207
207
207
207
Free-cash
979
1 033
686
624

Estimated living cost  is £207 per week

£142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£12
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.
£49
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
£640
£482
£666
£665
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
health
-
-
-
20
municipal
-
-
-
275
national
-
-
-
260
total
-
-
-
555
Employee
451
-
1 304
-
health
3
-
17
-
municipal
74
-
212
-
pensions
30
-
88
-
national
7
-
157
-
unemployment
7
-
20
-
total
121
-
494
-
Employer
451
-
1 304
-
accident
-
-
1
-
unemployment
3
-
8
-
health
3
-
10
-
pensions
78
-
226
-
total
84
-
245
-
Corporate
1 014
1 550
-
-
income
203
310
-
-
total
203
310
-
-
Dividends

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

608
930
-
-
municipal
109
167
-
-
national
39
104
-
-
total
148
271
-
-
Income
1 550
1 550
1 550
1 550
Total tax
556
581
739
555
After tax
994
969
811
995
Living cost
329
329
329
329
Free-cash
665
640
482
666

Estimated living cost  is £329 per week

£215
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.
£77
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
£517
£582
£608
£565
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
-
-
-
44
health
-
-
-
67
pensions
-
-
-
273
other
-
-
-
48
income
-
-
-
246
surtax
-
-
-
-
total
-
-
-
678
Employee
328
-
1 199
-
income
17
-
234
-
social contributions
9
-
34
-
pensions
37
-
84
-
surtax
-
-
-
-
total
63
-
352
-
Employer
328
-
1 199
-
pensions
54
-
141
-
social contributions
1
-
4
-
unemployment
13
-
49
-
health
23
-
111
-
other
11
-
47
-
total
102
-
352
-
Corporate
1 120
1 550
-
-
surtax
-
-
-
-
income
314
434
-
-
total
314
434
-
-
Dividends
806
1 116
-
-
surtax
-
-
-
-
withholding
103
143
-
-
social contributions
139
192
-
-
total
242
335
-
-
Income
1 550
1 550
1 550
1 550
Total tax
721
769
704
678
After tax
829
781
846
872
Living cost
264
264
264
264
Free-cash
565
517
582
608

Estimated living cost  is £264 per week

£153
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.
£79
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
£488
£553
£579
£539
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
-
-
-
44
health
-
-
-
67
pensions
-
-
-
273
other
-
-
-
48
income
-
-
-
246
surtax
-
-
-
-
total
-
-
-
678
Employee
367
-
1 199
-
income
22
-
234
-
social contributions
10
-
34
-
pensions
42
-
84
-
surtax
-
-
-
-
total
74
-
352
-
Employer
367
-
1 199
-
pensions
60
-
141
-
social contributions
1
-
4
-
unemployment
15
-
49
-
health
26
-
111
-
other
13
-
47
-
total
115
-
352
-
Corporate
1 068
1 550
-
-
surtax
-
-
-
-
income
299
434
-
-
total
299
434
-
-
Dividends
769
1 116
-
-
surtax
-
-
-
-
withholding
98
143
-
-
social contributions
132
192
-
-
total
230
335
-
-
Income
1 550
1 550
1 550
1 550
Total tax
718
769
704
678
After tax
832
781
846
872
Living cost
293
293
293
293
Free-cash
539
488
553
579

Estimated living cost  is £293 per week

£185
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.
£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
Paris , France
£367
£432
£458
£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
-
-
-
1 550
social contributions
-
-
-
44
health
-
-
-
67
pensions
-
-
-
273
other
-
-
-
48
income
-
-
-
246
surtax
-
-
-
-
total
-
-
-
678
Employee
537
-
1 199
-
income
47
-
234
-
social contributions
15
-
34
-
pensions
61
-
84
-
surtax
-
-
-
-
total
123
-
352
-
Employer
537
-
1 199
-
pensions
88
-
141
-
social contributions
2
-
4
-
unemployment
22
-
49
-
health
38
-
111
-
other
19
-
47
-
total
169
-
352
-
Corporate
845
1 550
-
-
surtax
-
-
-
-
income
237
434
-
-
total
237
434
-
-
Dividends
608
1 116
-
-
surtax
-
-
-
-
withholding
78
143
-
-
social contributions
105
192
-
-
total
183
335
-
-
Income
1 550
1 550
1 550
1 550
Total tax
712
769
704
678
After tax
838
781
846
872
Living cost
414
414
414
414
Free-cash
424
367
432
458

Estimated living cost  is £414 per week

£280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£34
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.
£94
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
£1412
£1179
£1473
£1400
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
76
-
1 550
-
income
15
-
310
-
total
15
-
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%.

1 474
1 550
-
-
total
-
-
-
-
Dividends
1 474
1 550
-
-
withholding
74
77
-
-
total
74
77
-
-
Income
1 550
1 550
1 550
1 550
Total tax
89
77
310
16
After tax
1 461
1 473
1 240
1 534
Living cost
61
61
61
61
Free-cash
1 400
1 412
1 179
1 473

Estimated living cost  is £61 per week

£38
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
£1379
£1146
£1440
£1360
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
118
-
1 550
-
income
24
-
310
-
total
24
-
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%.

1 432
1 550
-
-
total
-
-
-
-
Dividends
1 432
1 550
-
-
withholding
72
77
-
-
total
72
77
-
-
Income
1 550
1 550
1 550
1 550
Total tax
96
77
310
16
After tax
1 454
1 473
1 240
1 534
Living cost
94
94
94
94
Free-cash
1 360
1 379
1 146
1 440

Estimated living cost  is £94 per week

£64
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
£466
£650
£485
£579
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
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.

-
-
-
59
trade
-
-
-
165
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.

-
-
-
483
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.

-
-
-
27
total
-
-
-
734
Employee

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

427
-
1 550
-
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.

59
-
59
-
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
-
27
-
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.

35
-
483
-
total
96
-
569
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 123
1 550
-
-
trade
161
222
-
-
surtax

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

9
13
-
-
chamber of commerce
3
4
-
-
income
168
233
-
-
total
341
472
-
-
Dividends
781
1 079
-
-
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
15
-
-
withholding
192
266
-
-
total
203
281
-
-
Income
1 550
1 550
1 550
1 550
Total tax
640
753
569
734
After tax
910
797
981
816
Living cost
331
331
331
331
Free-cash
579
466
650
485

Estimated living cost  is £331 per week

£228
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.
£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.
£62
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
£521
£721
£540
£617
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
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.

-
-
-
59
trade
-
-
-
181
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.

-
-
-
483
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.

-
-
-
27
total
-
-
-
750
Employee

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

328
-
1 550
-
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.

59
-
59
-
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
-
27
-
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.

9
-
483
-
total
69
-
569
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 222
1 550
-
-
trade
192
244
-
-
surtax

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

10
13
-
-
chamber of commerce
3
4
-
-
income
183
233
-
-
total
388
494
-
-
Dividends
833
1 057
-
-
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
-
-
withholding
205
261
-
-
total
216
275
-
-
Income
1 550
1 550
1 550
1 550
Total tax
673
769
569
750
After tax
877
781
981
800
Living cost
260
260
260
260
Free-cash
617
521
721
540

Estimated living cost  is £260 per week

£163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£30
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.
£61
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
£437
£644
£455
£558
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
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.

-
-
-
59
trade
-
-
-
189
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.

-
-
-
483
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.

-
-
-
27
total
-
-
-
758
Employee

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

435
-
1 550
-
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.

59
-
59
-
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
-
27
-
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
-
483
-
total
98
-
569
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 115
1 550
-
-
trade
183
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
13
-
-
chamber of commerce
3
3
-
-
income
167
233
-
-
total
362
504
-
-
Dividends
752
1 046
-
-
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
-
-
withholding
185
258
-
-
total
195
272
-
-
Income
1 550
1 550
1 550
1 550
Total tax
655
776
569
758
After tax
895
774
981
792
Living cost
337
337
337
337
Free-cash
558
437
644
455

Estimated living cost  is £337 per week

£225
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.
£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.
£71
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
£372
£588
£391
£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

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

-
-
-
1 550
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.

-
-
-
59
trade
-
-
-
197
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.

-
-
-
483
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.

-
-
-
27
total
-
-
-
766
Employee

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

515
-
1 550
-
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.

59
-
59
-
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
-
27
-
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.

61
-
483
-
total
123
-
569
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 035
1 550
-
-
trade
177
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.

9
13
-
-
chamber of commerce
3
3
-
-
income
155
233
-
-
total
344
515
-
-
Dividends
691
1 035
-
-
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
-
-
withholding
169
256
-
-
total
178
270
-
-
Income
1 550
1 550
1 550
1 550
Total tax
645
785
569
766
After tax
905
765
981
784
Living cost
393
393
393
393
Free-cash
512
372
588
391

Estimated living cost  is £393 per week

£287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£31
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.
£69
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
£782
£488
£540
£757
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
-
-
-
2
health
-
-
-
81
pensions
-
-
-
229
other
-
-
-
-
income
-
-
-
437
surtax
-
-
-
68
total
-
-
-
817
Employee
289
-
1 309
-
health
7
-
29
-
pensions
19
-
76
-
surtax
1
-
58
-
other
-
-
-
-
unemployment
20
-
80
-
income
48
-
385
-
total
95
-
628
-
Employer
289
-
1 309
-
pensions
38
-
153
-
unemployment
9
-
36
-
health
13
-
52
-
other
-
-
-
-
total
60
-
241
-
Corporate
1 200
1 550
-
-
income
312
403
-
-
total
312
403
-
-
Dividends
888
1 147
-
-
withholding
133
172
-
-
total
133
172
-
-
Income
1 550
1 550
1 550
1 550
Total tax
600
575
869
817
After tax
950
975
681
733
Living cost
193
193
193
193
Free-cash
757
782
488
540

Estimated living cost  is £193 per week

£116
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£17
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.
£55
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
£786
£492
£544
£758
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
-
-
-
2
health
-
-
-
81
pensions
-
-
-
229
other
-
-
-
-
income
-
-
-
437
surtax
-
-
-
68
total
-
-
-
817
Employee
284
-
1 309
-
health
7
-
29
-
pensions
19
-
76
-
surtax
1
-
58
-
other
-
-
-
-
unemployment
20
-
80
-
income
48
-
385
-
total
95
-
628
-
Employer
284
-
1 309
-
pensions
38
-
153
-
unemployment
9
-
36
-
health
13
-
52
-
other
-
-
-
-
total
60
-
241
-
Corporate
1 207
1 550
-
-
income
314
403
-
-
total
314
403
-
-
Dividends
893
1 147
-
-
withholding
134
172
-
-
total
134
172
-
-
Income
1 550
1 550
1 550
1 550
Total tax
603
575
869
817
After tax
947
975
681
733
Living cost
189
189
189
189
Free-cash
758
786
492
544

Estimated living cost  is £189 per week

£116
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£17
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.
£52
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
£703
£730
£906
£707
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.

243
97
1 297
-
health
17
7
91
-
pensions
24
10
130
-
unemployment
4
1
19
-
income
30
12
159
-
total
75
30
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.

243
97
1 297
-
pensions
47
19
253
-
total
47
19
253
-
Corporate
1 260
1 434
-
-
income
113
129
-
-
total
113
129
-
-
Dividends
1 146
1 305
-
-
withholding
218
248
-
-
social contributions
222
253
-
-
total
440
501
-
-
Income
1 550
1 550
1 550
1 550
Total tax
675
679
652
476
After tax
875
871
898
1 074
Living cost
168
168
168
168
Free-cash
707
703
730
906

Estimated living cost  is £168 per week

£115
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.
£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.
£36
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
£534
£486
£477
£527
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
-
-
-
17
municipal
-
-
-
170
pensions
-
-
-
186
national
-
-
-
267
total
-
-
-
640
Employee
671
-
1 340
-
municipal
83
-
176
-
pensions
27
-
54
-
national
128
-
280
-
total
238
-
510
-
Employer
671
-
1 340
-
social contributions
7
-
14
-
pensions
54
-
107
-
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
631
640
After tax
960
967
919
910
Living cost
433
433
433
433
Free-cash
527
534
486
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
£596
£323
£323
£614
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
-
-
-
260
income
-
-
-
478
total
-
-
-
738
Employee
671
-
1 550
-
social contributions
56
-
260
-
income
127
-
478
-
total
183
-
738
-
Employer
671
-
1 550
-
total
-
-
-
-
Corporate
879
1 550
-
-
income
110
194
-
-
total
110
194
-
-
Dividends
769
1 356
-
-
withholding
154
271
-
-
total
154
271
-
-
Income
1 550
1 550
1 550
1 550
Total tax
447
465
738
738
After tax
1 103
1 085
812
812
Living cost
489
489
489
489
Free-cash
614
596
323
323

Estimated living cost  is £489 per week

£372
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.
£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.
£72
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
£465
£307
£377
£420
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
regional
-
-
-
18
social contributions
-
-
-
399
municipal
-
-
-
9
national
-
-
-
385
total
-
-
-
811
Employee
762
-
1 550
-
regional
7
-
16
-
municipal
4
-
8
-
social contributions
257
-
523
-
national
132
-
334
-
total
400
-
881
-
Employer
762
-
1 550
-
total
-
-
-
-
Corporate
788
1 550
-
-
nationa
189
372
-
-
municipal
31
60
-
-
total
220
432
-
-
Dividends
568
1 118
-
-
withholding
148
291
-
-
total
148
291
-
-
Income
1 550
1 550
1 550
1 550
Total tax
768
723
881
811
After tax
782
827
669
739
Living cost
362
362
362
362
Free-cash
420
465
307
377

Estimated living cost  is £362 per week

£252
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.
£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.
£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
Naples , Italy
£584
£433
£503
£566
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
regional
-
-
-
23
social contributions
-
-
-
399
municipal
-
-
-
9
national
-
-
-
385
total
-
-
-
816
Employee
476
-
1 550
-
regional
6
-
21
-
municipal
3
-
8
-
social contributions
160
-
523
-
national
75
-
334
-
total
244
-
886
-
Employer
476
-
1 550
-
total
-
-
-
-
Corporate
1 074
1 550
-
-
nationa
258
372
-
-
municipal
53
77
-
-
total
311
449
-
-
Dividends
763
1 101
-
-
withholding
198
286
-
-
total
198
286
-
-
Income
1 550
1 550
1 550
1 550
Total tax
753
735
886
816
After tax
797
815
664
734
Living cost
231
231
231
231
Free-cash
566
584
433
503

Estimated living cost  is £231 per week

£144
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.
£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.
£60
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