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
£ 1800
per

Your estimated
City
free-cash

Andorra , Andorra
£1047
£1318
£1095
£1349
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
-
-
-
1 800
social contributions
-
-
-
396
income
-
-
-
86
total
-
-
-
482
Employee
290
-
1 558
-
social contributions
19
-
101
-
income
-
-
91
-
total
19
-
192
-
Employer
290
-
1 558
-
social contributions
45
-
242
-
total
45
-
242
-
Corporate
1 465
1 800
-
-
income
147
180
-
-
total
147
180
-
-
Dividends
1 319
1 620
-
-
total
-
-
-
-
Income
1 800
1 800
1 800
1 800
Total tax
211
180
434
482
After tax
1 589
1 620
1 366
1 318
Living cost
271
271
271
271
Free-cash
1 318
1 349
1 095
1 047

Estimated living cost  is £271 per week

£175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£70
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Graz , Austria
£639
£703
£186
£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
-
-
-
1 800
surtax
-
-
-
-
unemployment
-
-
-
55
health
-
-
-
81
chamber of commerce
-
-
-
7
pensions
-
-
-
195
income
-
-
-
536
total
-
-
-
874
Employee
394
359
1 467
-
unemployment
12
11
32
-
other
4
4
11
-
income
35
26
443
-
pensions
40
37
108
-
health
15
14
41
-
total
106
92
635
-
Employer
394
359
1 467
-
pensions
49
45
132
-
surtax
-
-
-
-
payroll
12
11
44
-
other
19
17
66
-
health
15
14
40
-
accident
5
5
14
-
unemployment
12
11
32
-
chamber of commerce
2
1
6
-
total
114
104
334
-
Corporate
1 293
1 338
1 433
-
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.

323
334
358
-
total
323
334
358
-
Dividends
970
1 003
-
-
withholding
267
276
-
-
total
267
276
-
-
Income
1 800
1 800
1 800
1 800
Total tax
810
806
1 327
874
After tax
990
994
473
926
Living cost
287
287
287
287
Free-cash
703
707
186
639

Estimated living cost  is £287 per week

£172
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£29
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£81
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Vienna , Austria
£607
£663
£154
£675
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
-
-
-
1 800
surtax
-
-
-
2
unemployment
-
-
-
55
health
-
-
-
81
chamber of commerce
-
-
-
7
pensions
-
-
-
195
income
-
-
-
536
total
-
-
-
876
Employee
450
359
1 465
-
unemployment
14
11
32
-
other
4
4
11
-
income
51
26
443
-
pensions
46
37
108
-
health
17
14
41
-
total
132
92
635
-
Employer
450
359
1 465
-
pensions
56
45
132
-
surtax
2
2
2
-
payroll
14
11
44
-
other
21
17
66
-
health
17
14
40
-
accident
6
5
14
-
unemployment
14
11
32
-
chamber of commerce
2
1
6
-
total
132
106
336
-
Corporate
1 218
1 336
1 431
-
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.

305
334
358
-
total
305
334
358
-
Dividends
914
1 002
-
-
withholding
251
276
-
-
total
251
276
-
-
Income
1 800
1 800
1 800
1 800
Total tax
820
808
1 329
876
After tax
980
992
471
924
Living cost
317
317
317
317
Free-cash
663
675
154
607

Estimated living cost  is £317 per week

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

Additional information

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

Brussels , Belgium
£453
£543
£293
£673
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
-
-
-
1 800
national
-
-
-
699
communal

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

-
-
-
95
social contributions
-
-
-
225
total
-
-
-
1 019
Employee

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

644
-
1 394
-
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
198
-
517
-
communal

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

34
-
73
-
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
-
105
-
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
-
66
-
total
316
-
773
-
Employer

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

644
-
1 394
-
surtax
73
-
158
-
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
-
124
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

40
-
86
-
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
187
-
406
-
Corporate
968
1 800
-
-
income
194
368
-
-
surtax
4
7
-
-
total
198
375
-
-
Dividends
771
1 424
-
-
withholding

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

228
424
-
-
total
228
424
-
-
Income
1 800
1 800
1 800
1 800
Total tax
929
799
1 179
1 019
After tax
871
1 001
621
781
Living cost
328
328
328
328
Free-cash
543
673
293
453

Estimated living cost  is £328 per week

£212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£29
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£83
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sofia , Bulgaria
£1292
£1330
£1364
£1384
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
-
-
-
1 800
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
-
-
-
270
total
-
-
-
353
Employee
205
-
1 738
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
20
-
174
-
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
-
219
-
Employer
205
-
1 738
-
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
1 555
1 800
-
-
income
156
180
-
-
total
156
180
-
-
Dividends
1 400
1 620
-
-
withholding
70
81
-
-
total
70
81
-
-
Income
1 800
1 800
1 800
1 800
Total tax
315
261
281
353
After tax
1 485
1 539
1 519
1 447
Living cost
155
155
155
155
Free-cash
1 330
1 384
1 364
1 292

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
£1329
£1378
£1401
£1421
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
-
-
-
1 800
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
-
-
-
270
total
-
-
-
353
Employee
156
-
1 738
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
16
-
174
-
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
-
219
-
Employer
156
-
1 738
-
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
1 613
1 800
-
-
income
161
180
-
-
total
161
180
-
-
Dividends
1 452
1 620
-
-
withholding
73
81
-
-
total
73
81
-
-
Income
1 800
1 800
1 800
1 800
Total tax
304
261
281
353
After tax
1 496
1 539
1 519
1 447
Living cost
118
118
118
118
Free-cash
1 378
1 421
1 401
1 329

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
£1010
£1055
£994
£1104
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
-
-
-
1 800
health
-
-
-
46
social contributions
-
-
-
146
income
-
-
-
389
total
-
-
-
581
Employee
693
693
1 691
-
income
75
64
381
-
social contributions
26
57
78
-
health
5
12
29
-
total
106
133
488
-
Employer
693
693
1 691
-
social contributions
26
57
78
-
health
6
13
31
-
total
32
70
109
-
Corporate
1 452
1 037
-
-
income
182
130
-
-
total
182
130
-
-
Dividends
1 271
907
-
-
withholding
216
154
-
-
total
216
154
-
-
Income
1 800
1 800
1 800
1 800
Total tax
536
487
597
581
After tax
1 264
1 313
1 203
1 219
Living cost
209
209
209
209
Free-cash
1 055
1 104
994
1 010

Estimated living cost  is £209 per week

£125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
£927
£982
£911
£1021
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
-
-
-
1 800
health
-
-
-
46
social contributions
-
-
-
146
income
-
-
-
389
total
-
-
-
581
Employee
693
693
1 691
-
income
73
64
381
-
social contributions
34
57
78
-
health
7
12
29
-
total
114
133
488
-
Employer
693
693
1 691
-
social contributions
34
57
78
-
health
8
13
31
-
total
42
70
109
-
Corporate
1 353
1 037
-
-
income
169
130
-
-
total
169
130
-
-
Dividends
1 184
907
-
-
withholding
201
154
-
-
total
201
154
-
-
Income
1 800
1 800
1 800
1 800
Total tax
526
487
597
581
After tax
1 274
1 313
1 203
1 219
Living cost
292
292
292
292
Free-cash
982
1 021
911
927

Estimated living cost  is £292 per week

£200
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£23
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£65
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Brno , Czech Republic
£845
£957
£768
£1031
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
-
-
-
1 800
health
-
-
-
243
social contributions
-
-
-
299
income
-
-
-
189
solidarity contribution
-
-
-
16
total
-
-
-
747
Employee
306
-
1 416
-
income
37
-
174
-
social contributions
20
-
67
-
health
41
-
191
-
solidarity contribution
-
-
9
-
total
98
-
441
-
Employer
306
-
1 416
-
social contributions
76
-
256
-
health
28
-
127
-
total
104
-
383
-
Corporate
1 390
1 800
-
-
income
264
342
-
-
total
264
342
-
-
Dividends
1 126
1 458
-
-
withholding
169
219
-
-
total
169
219
-
-
Income
1 800
1 800
1 800
1 800
Total tax
635
561
824
747
After tax
1 165
1 239
976
1 053
Living cost
208
208
208
208
Free-cash
957
1 031
768
845

Estimated living cost  is £208 per week

£144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£45
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
£797
£893
£720
£983
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
-
-
-
1 800
health
-
-
-
243
social contributions
-
-
-
299
income
-
-
-
189
solidarity contribution
-
-
-
16
total
-
-
-
747
Employee
377
-
1 416
-
income
45
-
174
-
social contributions
24
-
67
-
health
51
-
191
-
solidarity contribution
-
-
9
-
total
120
-
441
-
Employer
377
-
1 416
-
social contributions
94
-
256
-
health
34
-
127
-
total
128
-
383
-
Corporate
1 295
1 800
-
-
income
246
342
-
-
total
246
342
-
-
Dividends
1 049
1 458
-
-
withholding
157
219
-
-
total
157
219
-
-
Income
1 800
1 800
1 800
1 800
Total tax
651
561
824
747
After tax
1 149
1 239
976
1 053
Living cost
256
256
256
256
Free-cash
893
983
720
797

Estimated living cost  is £256 per week

£191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£14
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£47
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Copenhagen , Denmark
£615
-£169
-£169
-£169
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
-
-
-
1 800
national
-
-
-
218
pensions
-
-
-
8
municipal
-
-
-
381
labour market
-
-
-
143
total
-
-
-
750
Employee
1 837
1 837
1 837
-
municipal
391
391
391
-
national
224
224
224
-
pensions
3
3
3
-
labour market
147
147
147
-
total
765
765
765
-
Employer
1 837
1 837
1 837
-
pensions
5
5
5
-
labour market
147
147
147
-
municipal
392
392
392
-
national
225
225
225
-
total
769
769
769
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
1 800
1 800
1 800
1 800
Total tax
1 534
1 534
1 534
750
After tax
266
266
266
1 050
Living cost
435
435
435
435
Free-cash
-169
-169
-169
615

Estimated living cost  is £435 per week

£298
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£38
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£92
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
£747
£1166
£819
£1222
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
-
-
-
1 800
health
-
-
-
234
pensions
-
-
-
360
income
-
-
-
241
total
-
-
-
835
Employee
256
-
1 345
-
unemployment
4
-
22
-
income
29
-
259
-
pensions
5
-
27
-
total
38
-
308
-
Employer
256
-
1 345
-
pensions
51
-
269
-
health
33
-
175
-
unemployment
2
-
11
-
total
86
-
455
-
Corporate
1 458
1 800
-
-
income
292
360
-
-
total
292
360
-
-
Dividends
1 166
1 440
-
-
total
-
-
-
-
Income
1 800
1 800
1 800
1 800
Total tax
416
360
763
835
After tax
1 384
1 440
1 037
965
Living cost
218
218
218
218
Free-cash
1 166
1 222
819
747

Estimated living cost  is £218 per week

£149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£13
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£51
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Helsinki , Finland
£784
£796
£576
£769
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

-
-
-
1 800
national
-
-
-
326
health
-
-
-
24
municipal
-
-
-
320
total
-
-
-
670
Employee
474
-
1 514
-
unemployment
7
-
23
-
municipal
78
-
247
-
national
8
-
199
-
pensions
32
-
102
-
health
4
-
20
-
total
129
-
591
-
Employer
474
-
1 514
-
pensions
82
-
263
-
health
4
-
12
-
accident
-
-
2
-
unemployment
3
-
10
-
total
89
-
287
-
Corporate
1 237
1 800
-
-
income
247
360
-
-
total
247
360
-
-
Dividends

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

742
1 080
-
-
municipal
134
194
-
-
national
59
131
-
-
total
193
325
-
-
Income
1 800
1 800
1 800
1 800
Total tax
658
685
878
670
After tax
1 142
1 115
922
1 130
Living cost
346
346
346
346
Free-cash
796
769
576
784

Estimated living cost  is £346 per week

£226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£33
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£81
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Marseille , France
£726
£678
£688
£629
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
-
-
-
1 800
surtax
-
-
-
-
health
-
-
-
83
pensions
-
-
-
301
social contributions
-
-
-
51
income
-
-
-
305
other
-
-
-
56
total
-
-
-
796
Employee
344
-
1 383
-
income
18
-
278
-
surtax
-
-
-
-
social contributions
10
-
39
-
pensions
39
-
100
-
total
67
-
417
-
Employer
344
-
1 383
-
pensions
57
-
168
-
social contributions
1
-
4
-
other
12
-
56
-
health
24
-
133
-
unemployment
14
-
56
-
total
108
-
417
-
Corporate
1 348
1 800
-
-
income
378
504
-
-
surtax
-
-
-
-
total
378
504
-
-
Dividends
971
1 296
-
-
withholding
124
166
-
-
social contributions
167
223
-
-
surtax
-
-
-
-
total
291
389
-
-
Income
1 800
1 800
1 800
1 800
Total tax
844
893
834
796
After tax
956
907
966
1 004
Living cost
278
278
278
278
Free-cash
678
629
688
726

Estimated living cost  is £278 per week

£161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£28
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£83
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
£696
£653
£658
£599
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 800
surtax
-
-
-
-
health
-
-
-
83
pensions
-
-
-
301
social contributions
-
-
-
51
income
-
-
-
305
other
-
-
-
56
total
-
-
-
796
Employee
386
-
1 383
-
income
23
-
278
-
surtax
-
-
-
-
social contributions
11
-
39
-
pensions
44
-
100
-
total
78
-
417
-
Employer
386
-
1 383
-
pensions
63
-
168
-
social contributions
1
-
4
-
other
13
-
56
-
health
27
-
133
-
unemployment
16
-
56
-
total
120
-
417
-
Corporate
1 294
1 800
-
-
income
362
504
-
-
surtax
-
-
-
-
total
362
504
-
-
Dividends
932
1 296
-
-
withholding
119
166
-
-
social contributions
160
223
-
-
surtax
-
-
-
-
total
279
389
-
-
Income
1 800
1 800
1 800
1 800
Total tax
839
893
834
796
After tax
961
907
966
1 004
Living cost
308
308
308
308
Free-cash
653
599
658
696

Estimated living cost  is £308 per week

£194
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£84
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Paris , France
£569
£534
£531
£472
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
-
-
-
1 800
surtax
-
-
-
-
health
-
-
-
83
pensions
-
-
-
301
social contributions
-
-
-
51
income
-
-
-
305
other
-
-
-
56
total
-
-
-
796
Employee
564
-
1 383
-
income
49
-
278
-
surtax
-
-
-
-
social contributions
16
-
39
-
pensions
64
-
100
-
total
129
-
417
-
Employer
564
-
1 383
-
pensions
93
-
168
-
social contributions
2
-
4
-
other
19
-
56
-
health
39
-
133
-
unemployment
23
-
56
-
total
176
-
417
-
Corporate
1 060
1 800
-
-
income
297
504
-
-
surtax
-
-
-
-
total
297
504
-
-
Dividends
763
1 296
-
-
withholding
98
166
-
-
social contributions
131
223
-
-
surtax
-
-
-
-
total
229
389
-
-
Income
1 800
1 800
1 800
1 800
Total tax
831
893
834
796
After tax
969
907
966
1 004
Living cost
435
435
435
435
Free-cash
534
472
531
569

Estimated living cost  is £435 per week

£294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£36
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£99
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
£1724
£1641
£1382
£1652
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%.

-
-
-
1 800
microenterprise

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

-
-
-
18
total
-
-
-
18
Employee
73
-
1 800
-
income
15
-
360
-
total
15
-
360
-
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%.

1 727
1 800
-
-
total
-
-
-
-
Dividends
1 727
1 800
-
-
withholding
86
90
-
-
total
86
90
-
-
Income
1 800
1 800
1 800
1 800
Total tax
101
90
360
18
After tax
1 699
1 710
1 440
1 782
Living cost
58
58
58
58
Free-cash
1 641
1 652
1 382
1 724

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
£1691
£1602
£1349
£1619
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%.

-
-
-
1 800
microenterprise

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

-
-
-
18
total
-
-
-
18
Employee
114
-
1 800
-
income
23
-
360
-
total
23
-
360
-
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%.

1 686
1 800
-
-
total
-
-
-
-
Dividends
1 686
1 800
-
-
withholding
84
90
-
-
total
84
90
-
-
Income
1 800
1 800
1 800
1 800
Total tax
107
90
360
18
After tax
1 693
1 710
1 440
1 782
Living cost
91
91
91
91
Free-cash
1 602
1 619
1 349
1 691

Estimated living cost  is £91 per week

£61
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£4
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£23
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
£580
£695
£778
£578
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.

-
-
-
1 800
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.

-
-
-
32
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
62
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
580
trade
-
-
-
198
total
-
-
-
872
Employee

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

448
-
1 800
-
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
-
580
-
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
-
32
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

62
-
62
-
total
101
-
674
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 352
1 800
-
-
trade
194
258
-
-
income
203
270
-
-
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
15
-
-
total
411
547
-
-
Dividends
941
1 253
-
-
withholding
232
310
-
-
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
17
-
-
total
245
327
-
-
Income
1 800
1 800
1 800
1 800
Total tax
757
874
674
872
After tax
1 043
926
1 126
928
Living cost
348
348
348
348
Free-cash
695
578
778
580

Estimated living cost  is £348 per week

£240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£37
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£65
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Dresden , Germany
£635
£734
£853
£634
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.

-
-
-
1 800
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.

-
-
-
32
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
62
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
580
trade
-
-
-
218
total
-
-
-
892
Employee

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

345
-
1 800
-
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
-
580
-
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
-
32
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

62
-
62
-
total
73
-
674
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 455
1 800
-
-
trade
229
284
-
-
income
218
270
-
-
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
15
-
-
total
462
573
-
-
Dividends
992
1 228
-
-
withholding
245
303
-
-
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
17
-
-
total
258
320
-
-
Income
1 800
1 800
1 800
1 800
Total tax
793
893
674
892
After tax
1 007
907
1 126
908
Living cost
273
273
273
273
Free-cash
734
634
853
635

Estimated living cost  is £273 per week

£172
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£32
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Hamburg , Germany
£545
£672
£772
£544
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
1 800
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.

-
-
-
32
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
62
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
580
trade
-
-
-
227
total
-
-
-
901
Employee

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

457
-
1 800
-
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
-
580
-
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
-
32
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

62
-
62
-
total
103
-
674
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 343
1 800
-
-
trade
221
296
-
-
income
201
270
-
-
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
15
-
-
total
436
585
-
-
Dividends
906
1 215
-
-
withholding
223
300
-
-
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
317
-
-
Income
1 800
1 800
1 800
1 800
Total tax
774
902
674
901
After tax
1 026
898
1 126
899
Living cost
354
354
354
354
Free-cash
672
544
772
545

Estimated living cost  is £354 per week

£237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£37
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£75
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Munich , Germany
£476
£621
£713
£476
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.

-
-
-
1 800
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.

-
-
-
32
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
62
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
580
trade
-
-
-
237
total
-
-
-
911
Employee

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

541
-
1 800
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

64
-
580
-
surtax

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

4
-
32
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

62
-
62
-
total
130
-
674
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 259
1 800
-
-
trade
216
309
-
-
income
189
270
-
-
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
15
-
-
total
418
598
-
-
Dividends
840
1 203
-
-
withholding
207
297
-
-
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
218
313
-
-
Income
1 800
1 800
1 800
1 800
Total tax
766
911
674
911
After tax
1 034
889
1 126
889
Living cost
413
413
413
413
Free-cash
621
476
713
476

Estimated living cost  is £413 per week

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

Additional information

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

Athens , Greece
£648
£901
£592
£930
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
-
-
-
1 800
surtax
-
-
-
87
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
240
income
-
-
-
536
other
-
-
-
-
total
-
-
-
950
Employee
303
-
1 547
-
unemployment
21
-
84
-
other
-
-
-
-
income
51
-
482
-
surtax
1
-
76
-
pensions
20
-
80
-
health
8
-
31
-
total
101
-
753
-
Employer
303
-
1 547
-
pensions
40
-
160
-
other
-
-
-
-
health
14
-
55
-
unemployment
10
-
38
-
total
64
-
253
-
Corporate
1 433
1 800
-
-
income
373
468
-
-
total
373
468
-
-
Dividends
1 060
1 332
-
-
withholding
159
200
-
-
total
159
200
-
-
Income
1 800
1 800
1 800
1 800
Total tax
697
668
1 006
950
After tax
1 103
1 132
794
850
Living cost
202
202
202
202
Free-cash
901
930
592
648

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
£651
£904
£595
£933
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
-
-
-
1 800
surtax
-
-
-
87
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
240
income
-
-
-
536
other
-
-
-
-
total
-
-
-
950
Employee
298
-
1 547
-
unemployment
21
-
84
-
other
-
-
-
-
income
50
-
482
-
surtax
1
-
76
-
pensions
20
-
80
-
health
8
-
31
-
total
100
-
753
-
Employer
298
-
1 547
-
pensions
40
-
160
-
other
-
-
-
-
health
14
-
55
-
unemployment
9
-
38
-
total
63
-
253
-
Corporate
1 439
1 800
-
-
income
374
468
-
-
total
374
468
-
-
Dividends
1 065
1 332
-
-
withholding
160
200
-
-
total
160
200
-
-
Income
1 800
1 800
1 800
1 800
Total tax
697
668
1 006
950
After tax
1 103
1 132
794
850
Living cost
199
199
199
199
Free-cash
904
933
595
651

Estimated living cost  is £199 per week

£122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£54
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Budapest , Hungary
£1068
£836
£864
£832
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
-
-
-
1 800
unemployment
-
-
-
27
health
-
-
-
126
pensions
-
-
-
180
income
-
-
-
220
total
-
-
-
553
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

258
103
1 506
-
unemployment
4
2
23
-
income
32
13
184
-
pensions
26
10
151
-
health
18
7
105
-
total
80
32
463
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

258
103
1 506
-
pensions
50
20
294
-
total
50
20
294
-
Corporate
1 492
1 677
-
-
income
134
151
-
-
total
134
151
-
-
Dividends
1 357
1 526
-
-
withholding
258
290
-
-
social contributions
263
296
-
-
total
521
586
-
-
Income
1 800
1 800
1 800
1 800
Total tax
785
789
757
553
After tax
1 015
1 011
1 043
1 247
Living cost
179
179
179
179
Free-cash
836
832
864
1 068

Estimated living cost  is £179 per week

£122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£39
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
£600
£680
£610
£687
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
-
-
-
1 800
national
-
-
-
330
pensions
-
-
-
216
social contributions
-
-
-
19
municipal
-
-
-
199
total
-
-
-
764
Employee
676
-
1 556
-
municipal
84
-
206
-
national
129
-
345
-
pensions
27
-
62
-
total
240
-
613
-
Employer
676
-
1 556
-
pensions
54
-
124
-
social contributions
7
-
17
-
total
61
-
141
-
Corporate
1 018
1 800
-
-
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%.

204
360
-
-
total
204
360
-
-
Dividends
814
1 440
-
-
withholding
179
317
-
-
total
179
317
-
-
Income
1 800
1 800
1 800
1 800
Total tax
684
677
754
764
After tax
1 116
1 123
1 046
1 036
Living cost
436
436
436
436
Free-cash
680
687
610
600

Estimated living cost  is £436 per week

£296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£41
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£93
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Dublin , Ireland
£411
£766
£411
£747
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
-
-
-
1 800
social contributions
-
-
-
305
income
-
-
-
571
total
-
-
-
876
Employee
705
-
1 800
-
social contributions
59
-
305
-
income
133
-
571
-
total
192
-
876
-
Employer
705
-
1 800
-
total
-
-
-
-
Corporate
1 095
1 800
-
-
income
137
225
-
-
total
137
225
-
-
Dividends
958
1 575
-
-
withholding
192
315
-
-
total
192
315
-
-
Income
1 800
1 800
1 800
1 800
Total tax
521
540
876
876
After tax
1 279
1 260
924
924
Living cost
513
513
513
513
Free-cash
766
747
411
411

Estimated living cost  is £513 per week

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

Additional information

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

Milan , Italy
£473
£533
£395
£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
-
-
-
1 800
national
-
-
-
463
regional
-
-
-
22
social contributions
-
-
-
451
municipal
-
-
-
11
total
-
-
-
947
Employee
801
-
1 800
-
municipal
4
-
10
-
national
139
-
405
-
social contributions
270
-
591
-
regional
8
-
19
-
total
421
-
1 025
-
Employer
801
-
1 800
-
total
-
-
-
-
Corporate
999
1 800
-
-
nationa
240
432
-
-
municipal
39
70
-
-
total
279
502
-
-
Dividends
721
1 298
-
-
withholding
187
337
-
-
total
187
337
-
-
Income
1 800
1 800
1 800
1 800
Total tax
887
839
1 025
947
After tax
913
961
775
853
Living cost
380
380
380
380
Free-cash
533
581
395
473

Estimated living cost  is £380 per week

£265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£84
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Naples , Italy
£605
£682
£526
£704
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
-
-
-
1 800
national
-
-
-
463
regional
-
-
-
27
social contributions
-
-
-
451
municipal
-
-
-
11
total
-
-
-
952
Employee
500
-
1 800
-
municipal
3
-
10
-
national
79
-
405
-
social contributions
169
-
591
-
regional
7
-
25
-
total
258
-
1 031
-
Employer
500
-
1 800
-
total
-
-
-
-
Corporate
1 300
1 800
-
-
nationa
312
432
-
-
municipal
65
89
-
-
total
377
521
-
-
Dividends
924
1 279
-
-
withholding
240
332
-
-
total
240
332
-
-
Income
1 800
1 800
1 800
1 800
Total tax
875
853
1 031
952
After tax
925
947
769
848
Living cost
243
243
243
243
Free-cash
682
704
526
605

Estimated living cost  is £243 per week

£151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£63
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source