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
£ 1750
per

Your estimated
City
free-cash

Andorra , Andorra
£1013
£1274
£1060
£1305
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
-
-
-
1 750
social contributions
-
-
-
385
income
-
-
-
82
total
-
-
-
467
Employee
288
-
1 515
-
social contributions
19
-
98
-
income
-
-
87
-
total
19
-
185
-
Employer
288
-
1 515
-
social contributions
45
-
235
-
total
45
-
235
-
Corporate
1 417
1 750
-
-
income
142
175
-
-
total
142
175
-
-
Dividends
1 275
1 575
-
-
total
-
-
-
-
Income
1 750
1 750
1 750
1 750
Total tax
206
175
420
467
After tax
1 544
1 575
1 330
1 283
Living cost
270
270
270
270
Free-cash
1 274
1 305
1 060
1 013

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
£615
£676
£176
£680
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
-
-
-
1 750
surtax
-
-
-
-
unemployment
-
-
-
55
health
-
-
-
80
chamber of commerce
-
-
-
7
pensions
-
-
-
194
income
-
-
-
513
total
-
-
-
849
Employee
392
358
1 421
-
unemployment
12
11
31
-
other
4
4
10
-
income
35
26
422
-
pensions
40
37
107
-
health
15
14
41
-
total
106
92
611
-
Employer
392
358
1 421
-
pensions
49
45
132
-
surtax
-
-
-
-
payroll
12
11
43
-
other
19
17
64
-
health
15
14
40
-
accident
5
5
14
-
unemployment
12
11
31
-
chamber of commerce
2
1
6
-
total
114
104
330
-
Corporate
1 245
1 290
1 387
-
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.

311
322
347
-
total
311
322
347
-
Dividends
934
967
-
-
withholding
257
266
-
-
total
257
266
-
-
Income
1 750
1 750
1 750
1 750
Total tax
788
784
1 288
849
After tax
962
966
462
901
Living cost
286
286
286
286
Free-cash
676
680
176
615

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
£583
£639
£145
£648
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
-
-
-
1 750
surtax
-
-
-
2
unemployment
-
-
-
55
health
-
-
-
80
chamber of commerce
-
-
-
7
pensions
-
-
-
194
income
-
-
-
513
total
-
-
-
851
Employee
448
358
1 419
-
unemployment
13
11
31
-
other
4
4
10
-
income
51
26
422
-
pensions
46
37
107
-
health
17
14
41
-
total
131
92
611
-
Employer
448
358
1 419
-
pensions
56
45
132
-
surtax
2
2
2
-
payroll
13
11
43
-
other
21
17
64
-
health
17
14
40
-
accident
6
5
14
-
unemployment
13
11
31
-
chamber of commerce
2
1
6
-
total
130
106
332
-
Corporate
1 171
1 288
1 385
-
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.

293
322
346
-
total
293
322
346
-
Dividends
878
966
-
-
withholding
241
266
-
-
total
241
266
-
-
Income
1 750
1 750
1 750
1 750
Total tax
795
786
1 289
851
After tax
955
964
461
899
Living cost
316
316
316
316
Free-cash
639
648
145
583

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
£432
£518
£278
£649
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
-
-
-
1 750
national
-
-
-
675
communal

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

-
-
-
92
social contributions
-
-
-
224
total
-
-
-
991
Employee

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

642
-
1 355
-
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
-
12
-
national
197
-
501
-
communal

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

33
-
71
-
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
-
102
-
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
-
64
-
total
314
-
750
-
Employer

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

642
-
1 355
-
surtax
73
-
154
-
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
-
120
-
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
-
83
-
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
-
18
-
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
-
20
-
total
186
-
395
-
Corporate
921
1 750
-
-
income
184
354
-
-
surtax
4
7
-
-
total
188
361
-
-
Dividends
733
1 389
-
-
withholding

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

217
413
-
-
total
217
413
-
-
Income
1 750
1 750
1 750
1 750
Total tax
905
774
1 145
991
After tax
845
976
605
759
Living cost
327
327
327
327
Free-cash
518
649
278
432

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
£1249
£1288
£1319
£1341
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
-
-
-
1 750
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
-
-
-
263
total
-
-
-
346
Employee
205
-
1 688
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
20
-
169
-
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
-
214
-
Employer
205
-
1 688
-
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
1 505
1 750
-
-
income
150
175
-
-
total
150
175
-
-
Dividends
1 355
1 575
-
-
withholding
68
79
-
-
total
68
79
-
-
Income
1 750
1 750
1 750
1 750
Total tax
307
254
276
346
After tax
1 443
1 496
1 474
1 404
Living cost
155
155
155
155
Free-cash
1 288
1 341
1 319
1 249

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
£1286
£1336
£1356
£1378
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
-
-
-
1 750
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
-
-
-
263
total
-
-
-
346
Employee
156
-
1 688
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
16
-
169
-
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
-
214
-
Employer
156
-
1 688
-
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
1 563
1 750
-
-
income
156
175
-
-
total
156
175
-
-
Dividends
1 407
1 575
-
-
withholding
70
79
-
-
total
70
79
-
-
Income
1 750
1 750
1 750
1 750
Total tax
296
254
276
346
After tax
1 454
1 496
1 474
1 404
Living cost
118
118
118
118
Free-cash
1 336
1 378
1 356
1 286

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
£979
£1020
£965
£1068
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
-
-
-
1 750
health
-
-
-
45
social contributions
-
-
-
145
income
-
-
-
373
total
-
-
-
563
Employee
690
690
1 642
-
income
75
64
365
-
social contributions
26
57
77
-
health
5
12
28
-
total
106
133
470
-
Employer
690
690
1 642
-
social contributions
26
57
77
-
health
6
13
30
-
total
32
70
107
-
Corporate
1 404
990
-
-
income
175
124
-
-
total
175
124
-
-
Dividends
1 228
866
-
-
withholding
209
147
-
-
total
209
147
-
-
Income
1 750
1 750
1 750
1 750
Total tax
522
474
577
563
After tax
1 228
1 276
1 173
1 187
Living cost
208
208
208
208
Free-cash
1 020
1 068
965
979

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
£896
£948
£882
£985
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
-
-
-
1 750
health
-
-
-
45
social contributions
-
-
-
145
income
-
-
-
373
total
-
-
-
563
Employee
690
690
1 642
-
income
72
64
365
-
social contributions
34
57
77
-
health
7
12
28
-
total
113
133
470
-
Employer
690
690
1 642
-
social contributions
34
57
77
-
health
7
13
30
-
total
41
70
107
-
Corporate
1 305
990
-
-
income
163
124
-
-
total
163
124
-
-
Dividends
1 142
866
-
-
withholding
194
147
-
-
total
194
147
-
-
Income
1 750
1 750
1 750
1 750
Total tax
511
474
577
563
After tax
1 239
1 276
1 173
1 187
Living cost
291
291
291
291
Free-cash
948
985
882
896

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
£813
£924
£739
£997
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
-
-
-
1 750
health
-
-
-
236
social contributions
-
-
-
298
income
-
-
-
182
solidarity contribution
-
-
-
14
total
-
-
-
730
Employee
305
-
1 371
-
income
37
-
168
-
social contributions
20
-
66
-
health
41
-
185
-
solidarity contribution
-
-
7
-
total
98
-
426
-
Employer
305
-
1 371
-
social contributions
76
-
255
-
health
27
-
123
-
total
103
-
378
-
Corporate
1 341
1 750
-
-
income
255
333
-
-
total
255
333
-
-
Dividends
1 087
1 417
-
-
withholding
163
213
-
-
total
163
213
-
-
Income
1 750
1 750
1 750
1 750
Total tax
619
546
804
730
After tax
1 131
1 204
946
1 020
Living cost
207
207
207
207
Free-cash
924
997
739
813

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
£764
£858
£690
£948
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
-
-
-
1 750
health
-
-
-
236
social contributions
-
-
-
298
income
-
-
-
182
solidarity contribution
-
-
-
14
total
-
-
-
730
Employee
376
-
1 371
-
income
45
-
168
-
social contributions
24
-
66
-
health
51
-
185
-
solidarity contribution
-
-
7
-
total
120
-
426
-
Employer
376
-
1 371
-
social contributions
94
-
255
-
health
34
-
123
-
total
128
-
378
-
Corporate
1 247
1 750
-
-
income
237
333
-
-
total
237
333
-
-
Dividends
1 010
1 417
-
-
withholding
151
213
-
-
total
151
213
-
-
Income
1 750
1 750
1 750
1 750
Total tax
636
546
804
730
After tax
1 114
1 204
946
1 020
Living cost
255
255
255
255
Free-cash
858
948
690
764

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
£590
-£210
-£210
-£210
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
-
-
-
1 750
national
-
-
-
211
pensions
-
-
-
8
municipal
-
-
-
369
labour market
-
-
-
139
total
-
-
-
727
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
1 750
1 750
1 750
1 750
Total tax
1 527
1 527
1 527
727
After tax
223
223
223
1 023
Living cost
433
433
433
433
Free-cash
-210
-210
-210
590

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
£722
£1127
£792
£1183
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
-
-
-
1 750
health
-
-
-
227
pensions
-
-
-
350
income
-
-
-
234
total
-
-
-
811
Employee
255
-
1 308
-
unemployment
4
-
21
-
income
29
-
252
-
pensions
5
-
26
-
total
38
-
299
-
Employer
255
-
1 308
-
pensions
51
-
262
-
health
33
-
170
-
unemployment
2
-
10
-
total
86
-
442
-
Corporate
1 409
1 750
-
-
income
282
350
-
-
total
282
350
-
-
Dividends
1 128
1 400
-
-
total
-
-
-
-
Income
1 750
1 750
1 750
1 750
Total tax
406
350
741
811
After tax
1 344
1 400
1 009
939
Living cost
217
217
217
217
Free-cash
1 127
1 183
792
722

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
£760
£769
£561
£742
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
1 750
national
-
-
-
312
health
-
-
-
23
municipal
-
-
-
311
total
-
-
-
646
Employee
472
-
1 472
-
unemployment
7
-
22
-
municipal
77
-
240
-
national
8
-
188
-
pensions
32
-
99
-
health
4
-
19
-
total
128
-
568
-
Employer
472
-
1 472
-
pensions
82
-
255
-
health
4
-
11
-
accident
-
-
1
-
unemployment
3
-
10
-
total
89
-
277
-
Corporate
1 189
1 750
-
-
income
238
350
-
-
total
238
350
-
-
Dividends

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

713
1 050
-
-
municipal
128
189
-
-
national
54
125
-
-
total
182
314
-
-
Income
1 750
1 750
1 750
1 750
Total tax
637
664
845
646
After tax
1 113
1 086
905
1 104
Living cost
344
344
344
344
Free-cash
769
742
561
760

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
£704
£654
£665
£605
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
-
-
-
1 750
surtax
-
-
-
-
health
-
-
-
79
pensions
-
-
-
296
social contributions
-
-
-
50
income
-
-
-
290
other
-
-
-
54
total
-
-
-
769
Employee
343
-
1 347
-
income
18
-
269
-
surtax
-
-
-
-
social contributions
10
-
38
-
pensions
39
-
97
-
total
67
-
404
-
Employer
343
-
1 347
-
pensions
56
-
163
-
social contributions
1
-
4
-
other
12
-
54
-
health
24
-
128
-
unemployment
14
-
55
-
total
107
-
404
-
Corporate
1 300
1 750
-
-
income
364
490
-
-
surtax
-
-
-
-
total
364
490
-
-
Dividends
936
1 260
-
-
withholding
120
161
-
-
social contributions
161
217
-
-
surtax
-
-
-
-
total
281
378
-
-
Income
1 750
1 750
1 750
1 750
Total tax
819
868
808
769
After tax
931
882
942
981
Living cost
277
277
277
277
Free-cash
654
605
665
704

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
£674
£628
£635
£575
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
-
-
-
1 750
surtax
-
-
-
-
health
-
-
-
79
pensions
-
-
-
296
social contributions
-
-
-
50
income
-
-
-
290
other
-
-
-
54
total
-
-
-
769
Employee
384
-
1 347
-
income
23
-
269
-
surtax
-
-
-
-
social contributions
11
-
38
-
pensions
43
-
97
-
total
77
-
404
-
Employer
384
-
1 347
-
pensions
63
-
163
-
social contributions
1
-
4
-
other
13
-
54
-
health
27
-
128
-
unemployment
16
-
55
-
total
120
-
404
-
Corporate
1 246
1 750
-
-
income
349
490
-
-
surtax
-
-
-
-
total
349
490
-
-
Dividends
897
1 260
-
-
withholding
115
161
-
-
social contributions
154
217
-
-
surtax
-
-
-
-
total
269
378
-
-
Income
1 750
1 750
1 750
1 750
Total tax
815
868
808
769
After tax
935
882
942
981
Living cost
307
307
307
307
Free-cash
628
575
635
674

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
£548
£511
£509
£449
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
-
-
-
1 750
surtax
-
-
-
-
health
-
-
-
79
pensions
-
-
-
296
social contributions
-
-
-
50
income
-
-
-
290
other
-
-
-
54
total
-
-
-
769
Employee
562
-
1 347
-
income
49
-
269
-
surtax
-
-
-
-
social contributions
16
-
38
-
pensions
64
-
97
-
total
129
-
404
-
Employer
562
-
1 347
-
pensions
92
-
163
-
social contributions
2
-
4
-
other
19
-
54
-
health
39
-
128
-
unemployment
23
-
55
-
total
175
-
404
-
Corporate
1 013
1 750
-
-
income
284
490
-
-
surtax
-
-
-
-
total
284
490
-
-
Dividends
729
1 260
-
-
withholding
93
161
-
-
social contributions
125
217
-
-
surtax
-
-
-
-
total
218
378
-
-
Income
1 750
1 750
1 750
1 750
Total tax
806
868
808
769
After tax
944
882
942
981
Living cost
433
433
433
433
Free-cash
511
449
509
548

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
£1675
£1594
£1342
£1604
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%.

-
-
-
1 750
microenterprise

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

-
-
-
17
total
-
-
-
17
Employee
72
-
1 750
-
income
14
-
350
-
total
14
-
350
-
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%.

1 678
1 750
-
-
total
-
-
-
-
Dividends
1 678
1 750
-
-
withholding
84
88
-
-
total
84
88
-
-
Income
1 750
1 750
1 750
1 750
Total tax
98
88
350
17
After tax
1 652
1 662
1 400
1 733
Living cost
58
58
58
58
Free-cash
1 594
1 604
1 342
1 675

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
£1643
£1555
£1310
£1572
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%.

-
-
-
1 750
microenterprise

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

-
-
-
17
total
-
-
-
17
Employee
113
-
1 750
-
income
23
-
350
-
total
23
-
350
-
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%.

1 637
1 750
-
-
total
-
-
-
-
Dividends
1 637
1 750
-
-
withholding
82
88
-
-
total
82
88
-
-
Income
1 750
1 750
1 750
1 750
Total tax
105
88
350
17
After tax
1 645
1 662
1 400
1 733
Living cost
90
90
90
90
Free-cash
1 555
1 572
1 310
1 643

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
£561
£672
£752
£554
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.

-
-
-
1 750
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.

-
-
-
31
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.

-
-
-
560
trade
-
-
-
191
total
-
-
-
843
Employee

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

446
-
1 750
-
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
-
560
-
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
-
31
-
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
-
652
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 304
1 750
-
-
trade
187
251
-
-
income
196
263
-
-
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.

11
14
-
-
total
397
532
-
-
Dividends
907
1 218
-
-
withholding
223
301
-
-
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.

12
17
-
-
total
235
318
-
-
Income
1 750
1 750
1 750
1 750
Total tax
732
850
652
843
After tax
1 018
900
1 098
907
Living cost
346
346
346
346
Free-cash
672
554
752
561

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
£616
£709
£826
£610
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.

-
-
-
1 750
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.

-
-
-
31
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.

-
-
-
560
trade
-
-
-
210
total
-
-
-
862
Employee

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

343
-
1 750
-
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
-
560
-
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
-
31
-
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
-
652
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 407
1 750
-
-
trade
222
276
-
-
income
211
263
-
-
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.

12
14
-
-
total
448
557
-
-
Dividends
959
1 194
-
-
withholding
236
295
-
-
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.

13
16
-
-
total
249
311
-
-
Income
1 750
1 750
1 750
1 750
Total tax
769
868
652
862
After tax
981
882
1 098
888
Living cost
272
272
272
272
Free-cash
709
610
826
616

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
£527
£648
£746
£521
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.

-
-
-
1 750
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.

-
-
-
31
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.

-
-
-
560
trade
-
-
-
219
total
-
-
-
871
Employee

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

455
-
1 750
-
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
-
560
-
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
-
31
-
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
-
652
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 295
1 750
-
-
trade
213
288
-
-
income
194
263
-
-
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.

11
14
-
-
total
421
569
-
-
Dividends
874
1 181
-
-
withholding
215
292
-
-
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.

12
16
-
-
total
227
308
-
-
Income
1 750
1 750
1 750
1 750
Total tax
750
877
652
871
After tax
1 000
873
1 098
879
Living cost
352
352
352
352
Free-cash
648
521
746
527

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
£458
£599
£687
£453
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.

-
-
-
1 750
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.

-
-
-
31
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.

-
-
-
560
trade
-
-
-
229
total
-
-
-
881
Employee

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

539
-
1 750
-
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
-
560
-
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
-
31
-
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
-
652
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 211
1 750
-
-
trade
208
300
-
-
income
182
263
-
-
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
14
-
-
total
403
581
-
-
Dividends
808
1 169
-
-
withholding
199
289
-
-
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
16
-
-
total
210
305
-
-
Income
1 750
1 750
1 750
1 750
Total tax
740
886
652
881
After tax
1 010
864
1 098
869
Living cost
411
411
411
411
Free-cash
599
453
687
458

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
£624
£869
£569
£899
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
-
-
-
1 750
surtax
-
-
-
83
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
239
income
-
-
-
515
other
-
-
-
-
total
-
-
-
924
Employee
302
-
1 498
-
unemployment
21
-
83
-
other
-
-
-
-
income
51
-
461
-
surtax
1
-
72
-
pensions
20
-
80
-
health
8
-
31
-
total
101
-
727
-
Employer
302
-
1 498
-
pensions
40
-
160
-
other
-
-
-
-
health
14
-
54
-
unemployment
10
-
38
-
total
64
-
252
-
Corporate
1 384
1 750
-
-
income
360
455
-
-
total
360
455
-
-
Dividends
1 024
1 295
-
-
withholding
154
194
-
-
total
154
194
-
-
Income
1 750
1 750
1 750
1 750
Total tax
679
649
979
924
After tax
1 071
1 101
771
826
Living cost
202
202
202
202
Free-cash
869
899
569
624

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
£628
£873
£573
£903
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
-
-
-
1 750
surtax
-
-
-
83
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
239
income
-
-
-
515
other
-
-
-
-
total
-
-
-
924
Employee
297
-
1 498
-
unemployment
21
-
83
-
other
-
-
-
-
income
50
-
461
-
surtax
1
-
72
-
pensions
20
-
80
-
health
8
-
31
-
total
100
-
727
-
Employer
297
-
1 498
-
pensions
40
-
160
-
other
-
-
-
-
health
14
-
54
-
unemployment
9
-
38
-
total
63
-
252
-
Corporate
1 391
1 750
-
-
income
362
455
-
-
total
362
455
-
-
Dividends
1 029
1 295
-
-
withholding
154
194
-
-
total
154
194
-
-
Income
1 750
1 750
1 750
1 750
Total tax
679
649
979
924
After tax
1 071
1 101
771
826
Living cost
198
198
198
198
Free-cash
873
903
573
628

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
£1033
£806
£834
£804
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
-
-
-
1 750
unemployment
-
-
-
26
health
-
-
-
122
pensions
-
-
-
175
income
-
-
-
214
total
-
-
-
537
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
1 464
-
unemployment
4
2
22
-
income
32
13
179
-
pensions
26
10
146
-
health
18
7
103
-
total
80
32
450
-
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
1 464
-
pensions
51
20
286
-
total
51
20
286
-
Corporate
1 440
1 627
-
-
income
130
146
-
-
total
130
146
-
-
Dividends
1 311
1 480
-
-
withholding
249
281
-
-
social contributions
254
287
-
-
total
503
568
-
-
Income
1 750
1 750
1 750
1 750
Total tax
764
766
736
537
After tax
986
984
1 014
1 213
Living cost
180
180
180
180
Free-cash
806
804
834
1 033

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
£577
£652
£586
£659
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
-
-
-
1 750
national
-
-
-
318
pensions
-
-
-
210
social contributions
-
-
-
19
municipal
-
-
-
193
total
-
-
-
740
Employee
671
-
1 513
-
municipal
83
-
200
-
national
128
-
333
-
pensions
27
-
61
-
total
238
-
594
-
Employer
671
-
1 513
-
pensions
54
-
121
-
social contributions
7
-
16
-
total
61
-
137
-
Corporate
974
1 750
-
-
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%.

195
350
-
-
total
195
350
-
-
Dividends
779
1 400
-
-
withholding
171
308
-
-
total
171
308
-
-
Income
1 750
1 750
1 750
1 750
Total tax
665
658
731
740
After tax
1 085
1 092
1 019
1 010
Living cost
433
433
433
433
Free-cash
652
659
586
577

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
£391
£735
£391
£714
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
-
-
-
1 750
social contributions
-
-
-
296
income
-
-
-
552
total
-
-
-
848
Employee
702
-
1 750
-
social contributions
58
-
296
-
income
132
-
552
-
total
190
-
848
-
Employer
702
-
1 750
-
total
-
-
-
-
Corporate
1 048
1 750
-
-
income
131
219
-
-
total
131
219
-
-
Dividends
917
1 531
-
-
withholding
183
306
-
-
total
183
306
-
-
Income
1 750
1 750
1 750
1 750
Total tax
504
525
848
848
After tax
1 246
1 225
902
902
Living cost
511
511
511
511
Free-cash
735
714
391
391

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
£448
£507
£370
£555
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
-
-
-
1 750
national
-
-
-
443
regional
-
-
-
21
social contributions
-
-
-
449
municipal
-
-
-
10
total
-
-
-
923
Employee
797
-
1 750
-
municipal
4
-
9
-
national
138
-
385
-
social contributions
269
-
589
-
regional
8
-
18
-
total
419
-
1 001
-
Employer
797
-
1 750
-
total
-
-
-
-
Corporate
953
1 750
-
-
nationa
229
420
-
-
municipal
37
68
-
-
total
266
488
-
-
Dividends
687
1 262
-
-
withholding
179
328
-
-
total
179
328
-
-
Income
1 750
1 750
1 750
1 750
Total tax
864
816
1 001
923
After tax
886
934
749
827
Living cost
379
379
379
379
Free-cash
507
555
370
448

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
£580
£657
£501
£678
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 750
national
-
-
-
443
regional
-
-
-
26
social contributions
-
-
-
449
municipal
-
-
-
10
total
-
-
-
928
Employee
498
-
1 750
-
municipal
3
-
9
-
national
79
-
385
-
social contributions
168
-
589
-
regional
7
-
24
-
total
257
-
1 007
-
Employer
498
-
1 750
-
total
-
-
-
-
Corporate
1 252
1 750
-
-
nationa
301
420
-
-
municipal
62
87
-
-
total
363
507
-
-
Dividends
890
1 243
-
-
withholding
231
323
-
-
total
231
323
-
-
Income
1 750
1 750
1 750
1 750
Total tax
851
830
1 007
928
After tax
899
920
743
822
Living cost
242
242
242
242
Free-cash
657
678
501
580

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