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
£ 1850
per

Your estimated
City
free-cash

Andorra , Andorra
£1083
£1364
£1133
£1395
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
-
-
-
1 850
social contributions
-
-
-
407
income
-
-
-
90
total
-
-
-
497
Employee
288
-
1 602
-
social contributions
19
-
104
-
income
-
-
95
-
total
19
-
199
-
Employer
288
-
1 602
-
social contributions
45
-
248
-
total
45
-
248
-
Corporate
1 517
1 850
-
-
income
152
185
-
-
total
152
185
-
-
Dividends
1 365
1 665
-
-
total
-
-
-
-
Income
1 850
1 850
1 850
1 850
Total tax
216
185
447
497
After tax
1 634
1 665
1 403
1 353
Living cost
270
270
270
270
Free-cash
1 364
1 395
1 133
1 083

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
£667
£731
£202
£734
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
-
-
-
1 850
surtax
-
-
-
-
unemployment
-
-
-
55
health
-
-
-
80
chamber of commerce
-
-
-
7
pensions
-
-
-
194
income
-
-
-
561
total
-
-
-
897
Employee
392
358
1 514
-
unemployment
12
11
31
-
other
4
4
10
-
income
35
26
467
-
pensions
40
37
107
-
health
15
14
41
-
total
106
92
656
-
Employer
392
358
1 514
-
pensions
49
45
132
-
surtax
-
-
-
-
payroll
12
11
45
-
other
19
17
68
-
health
15
14
40
-
accident
5
5
14
-
unemployment
12
11
31
-
chamber of commerce
2
1
6
-
total
114
104
336
-
Corporate
1 345
1 390
1 480
-
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.

336
347
370
-
total
336
347
370
-
Dividends
1 009
1 042
-
-
withholding
277
287
-
-
total
277
287
-
-
Income
1 850
1 850
1 850
1 850
Total tax
833
830
1 362
897
After tax
1 017
1 020
488
953
Living cost
286
286
286
286
Free-cash
731
734
202
667

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
£635
£693
£171
£703
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
-
-
-
1 850
surtax
-
-
-
2
unemployment
-
-
-
55
health
-
-
-
80
chamber of commerce
-
-
-
7
pensions
-
-
-
194
income
-
-
-
561
total
-
-
-
899
Employee
448
358
1 513
-
unemployment
13
11
31
-
other
4
4
10
-
income
51
26
466
-
pensions
46
37
107
-
health
17
14
41
-
total
131
92
655
-
Employer
448
358
1 513
-
pensions
56
45
132
-
surtax
2
2
2
-
payroll
13
11
45
-
other
21
17
68
-
health
17
14
40
-
accident
6
5
14
-
unemployment
13
11
31
-
chamber of commerce
2
1
6
-
total
130
106
338
-
Corporate
1 271
1 388
1 479
-
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.

318
347
370
-
total
318
347
370
-
Dividends
953
1 041
-
-
withholding
262
286
-
-
total
262
286
-
-
Income
1 850
1 850
1 850
1 850
Total tax
841
831
1 363
899
After tax
1 009
1 019
487
951
Living cost
316
316
316
316
Free-cash
693
703
171
635

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
£476
£574
£310
£698
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
-
-
-
1 850
national
-
-
-
725
communal

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

-
-
-
98
social contributions
-
-
-
224
total
-
-
-
1 047
Employee

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

642
-
1 433
-
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
-
535
-
communal

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

33
-
75
-
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
-
107
-
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
-
67
-
total
314
-
796
-
Employer

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

642
-
1 433
-
surtax
73
-
162
-
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
-
127
-
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
-
88
-
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
-
19
-
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
-
21
-
total
186
-
417
-
Corporate
1 021
1 850
-
-
income
204
383
-
-
surtax
4
8
-
-
total
208
391
-
-
Dividends
813
1 459
-
-
withholding

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

241
434
-
-
total
241
434
-
-
Income
1 850
1 850
1 850
1 850
Total tax
949
825
1 213
1 047
After tax
901
1 025
637
803
Living cost
327
327
327
327
Free-cash
574
698
310
476

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
£1335
£1373
£1409
£1427
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
-
-
-
1 850
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
-
-
-
277
total
-
-
-
360
Employee
205
-
1 788
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
20
-
179
-
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
-
224
-
Employer
205
-
1 788
-
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
1 605
1 850
-
-
income
161
185
-
-
total
161
185
-
-
Dividends
1 445
1 665
-
-
withholding
72
83
-
-
total
72
83
-
-
Income
1 850
1 850
1 850
1 850
Total tax
322
268
286
360
After tax
1 528
1 582
1 564
1 490
Living cost
155
155
155
155
Free-cash
1 373
1 427
1 409
1 335

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
£1372
£1421
£1446
£1464
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
-
-
-
1 850
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
-
-
-
277
total
-
-
-
360
Employee
156
-
1 788
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
16
-
179
-
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
-
224
-
Employer
156
-
1 788
-
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
1 663
1 850
-
-
income
166
185
-
-
total
166
185
-
-
Dividends
1 497
1 665
-
-
withholding
75
83
-
-
total
75
83
-
-
Income
1 850
1 850
1 850
1 850
Total tax
311
268
286
360
After tax
1 539
1 582
1 564
1 490
Living cost
118
118
118
118
Free-cash
1 421
1 464
1 446
1 372

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
£1043
£1092
£1028
£1141
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
-
-
-
1 850
health
-
-
-
47
social contributions
-
-
-
145
income
-
-
-
407
total
-
-
-
599
Employee
690
690
1 741
-
income
75
64
398
-
social contributions
26
57
77
-
health
5
12
30
-
total
106
133
505
-
Employer
690
690
1 741
-
social contributions
26
57
77
-
health
6
13
32
-
total
32
70
109
-
Corporate
1 504
1 090
-
-
income
188
136
-
-
total
188
136
-
-
Dividends
1 316
954
-
-
withholding
224
162
-
-
total
224
162
-
-
Income
1 850
1 850
1 850
1 850
Total tax
550
501
614
599
After tax
1 300
1 349
1 236
1 251
Living cost
208
208
208
208
Free-cash
1 092
1 141
1 028
1 043

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
£960
£1020
£945
£1058
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
-
-
-
1 850
health
-
-
-
47
social contributions
-
-
-
145
income
-
-
-
407
total
-
-
-
599
Employee
690
690
1 741
-
income
72
64
398
-
social contributions
34
57
77
-
health
7
12
30
-
total
113
133
505
-
Employer
690
690
1 741
-
social contributions
34
57
77
-
health
7
13
32
-
total
41
70
109
-
Corporate
1 405
1 090
-
-
income
176
136
-
-
total
176
136
-
-
Dividends
1 230
954
-
-
withholding
209
162
-
-
total
209
162
-
-
Income
1 850
1 850
1 850
1 850
Total tax
539
501
614
599
After tax
1 311
1 349
1 236
1 251
Living cost
291
291
291
291
Free-cash
1 020
1 058
945
960

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
£880
£993
£801
£1067
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
-
-
-
1 850
health
-
-
-
250
social contributions
-
-
-
298
income
-
-
-
195
solidarity contribution
-
-
-
20
total
-
-
-
763
Employee
305
-
1 463
-
income
37
-
180
-
social contributions
20
-
66
-
health
41
-
197
-
solidarity contribution
-
-
12
-
total
98
-
455
-
Employer
305
-
1 463
-
social contributions
76
-
255
-
health
27
-
132
-
total
103
-
387
-
Corporate
1 441
1 850
-
-
income
274
351
-
-
total
274
351
-
-
Dividends
1 168
1 499
-
-
withholding
175
225
-
-
total
175
225
-
-
Income
1 850
1 850
1 850
1 850
Total tax
650
576
842
763
After tax
1 200
1 274
1 008
1 087
Living cost
207
207
207
207
Free-cash
993
1 067
801
880

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
£832
£927
£753
£1018
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
-
-
-
1 850
health
-
-
-
250
social contributions
-
-
-
298
income
-
-
-
195
solidarity contribution
-
-
-
20
total
-
-
-
763
Employee
376
-
1 463
-
income
45
-
180
-
social contributions
24
-
66
-
health
51
-
197
-
solidarity contribution
-
-
12
-
total
120
-
455
-
Employer
376
-
1 463
-
social contributions
94
-
255
-
health
34
-
132
-
total
128
-
387
-
Corporate
1 347
1 850
-
-
income
256
351
-
-
total
256
351
-
-
Dividends
1 091
1 499
-
-
withholding
164
225
-
-
total
164
225
-
-
Income
1 850
1 850
1 850
1 850
Total tax
668
576
842
763
After tax
1 182
1 274
1 008
1 087
Living cost
255
255
255
255
Free-cash
927
1 018
753
832

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
£643
-£110
-£110
-£110
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
-
-
-
1 850
national
-
-
-
226
pensions
-
-
-
8
municipal
-
-
-
393
labour market
-
-
-
147
total
-
-
-
774
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
1 850
1 850
1 850
1 850
Total tax
1 527
1 527
1 527
774
After tax
323
323
323
1 076
Living cost
433
433
433
433
Free-cash
-110
-110
-110
643

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
£774
£1207
£848
£1263
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
-
-
-
1 850
health
-
-
-
241
pensions
-
-
-
370
income
-
-
-
248
total
-
-
-
859
Employee
255
-
1 383
-
unemployment
4
-
22
-
income
29
-
267
-
pensions
5
-
28
-
total
38
-
317
-
Employer
255
-
1 383
-
pensions
51
-
277
-
health
33
-
180
-
unemployment
2
-
11
-
total
86
-
468
-
Corporate
1 509
1 850
-
-
income
302
370
-
-
total
302
370
-
-
Dividends
1 208
1 480
-
-
total
-
-
-
-
Income
1 850
1 850
1 850
1 850
Total tax
426
370
785
859
After tax
1 424
1 480
1 065
991
Living cost
217
217
217
217
Free-cash
1 207
1 263
848
774

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
£809
£826
£599
£798
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

-
-
-
1 850
national
-
-
-
343
health
-
-
-
25
municipal
-
-
-
329
total
-
-
-
697
Employee
472
-
1 556
-
unemployment
7
-
23
-
municipal
77
-
253
-
national
8
-
212
-
pensions
32
-
105
-
health
4
-
20
-
total
128
-
613
-
Employer
472
-
1 556
-
pensions
82
-
270
-
health
4
-
12
-
accident
-
-
2
-
unemployment
3
-
10
-
total
89
-
294
-
Corporate
1 289
1 850
-
-
income
258
370
-
-
total
258
370
-
-
Dividends

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

773
1 110
-
-
municipal
139
200
-
-
national
66
138
-
-
total
205
338
-
-
Income
1 850
1 850
1 850
1 850
Total tax
680
708
907
697
After tax
1 170
1 142
943
1 153
Living cost
344
344
344
344
Free-cash
826
798
599
809

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
£750
£705
£708
£656
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
-
-
-
1 850
surtax
-
-
-
-
health
-
-
-
87
pensions
-
-
-
304
social contributions
-
-
-
53
income
-
-
-
322
other
-
-
-
57
total
-
-
-
823
Employee
343
-
1 418
-
income
18
-
290
-
surtax
-
-
-
-
social contributions
10
-
40
-
pensions
39
-
104
-
total
67
-
434
-
Employer
343
-
1 418
-
pensions
56
-
174
-
social contributions
1
-
4
-
other
12
-
58
-
health
24
-
138
-
unemployment
14
-
57
-
total
107
-
431
-
Corporate
1 400
1 850
-
-
income
392
518
-
-
surtax
-
-
-
-
total
392
518
-
-
Dividends
1 008
1 332
-
-
withholding
129
170
-
-
social contributions
173
229
-
-
surtax
-
-
-
-
total
302
399
-
-
Income
1 850
1 850
1 850
1 850
Total tax
868
917
865
823
After tax
982
933
985
1 027
Living cost
277
277
277
277
Free-cash
705
656
708
750

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
£720
£678
£678
£626
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
-
-
-
1 850
surtax
-
-
-
-
health
-
-
-
87
pensions
-
-
-
304
social contributions
-
-
-
53
income
-
-
-
322
other
-
-
-
57
total
-
-
-
823
Employee
384
-
1 418
-
income
23
-
290
-
surtax
-
-
-
-
social contributions
11
-
40
-
pensions
43
-
104
-
total
77
-
434
-
Employer
384
-
1 418
-
pensions
63
-
174
-
social contributions
1
-
4
-
other
13
-
58
-
health
27
-
138
-
unemployment
16
-
57
-
total
120
-
431
-
Corporate
1 346
1 850
-
-
income
377
518
-
-
surtax
-
-
-
-
total
377
518
-
-
Dividends
969
1 332
-
-
withholding
124
170
-
-
social contributions
167
229
-
-
surtax
-
-
-
-
total
291
399
-
-
Income
1 850
1 850
1 850
1 850
Total tax
865
917
865
823
After tax
985
933
985
1 027
Living cost
307
307
307
307
Free-cash
678
626
678
720

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
£594
£560
£552
£500
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 850
surtax
-
-
-
-
health
-
-
-
87
pensions
-
-
-
304
social contributions
-
-
-
53
income
-
-
-
322
other
-
-
-
57
total
-
-
-
823
Employee
562
-
1 418
-
income
49
-
290
-
surtax
-
-
-
-
social contributions
16
-
40
-
pensions
64
-
104
-
total
129
-
434
-
Employer
562
-
1 418
-
pensions
92
-
174
-
social contributions
2
-
4
-
other
19
-
58
-
health
39
-
138
-
unemployment
23
-
57
-
total
175
-
431
-
Corporate
1 113
1 850
-
-
income
312
518
-
-
surtax
-
-
-
-
total
312
518
-
-
Dividends
801
1 332
-
-
withholding
103
170
-
-
social contributions
138
229
-
-
surtax
-
-
-
-
total
241
399
-
-
Income
1 850
1 850
1 850
1 850
Total tax
857
917
865
823
After tax
993
933
985
1 027
Living cost
433
433
433
433
Free-cash
560
500
552
594

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
£1774
£1689
£1422
£1700
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%.

-
-
-
1 850
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
72
-
1 850
-
income
14
-
370
-
total
14
-
370
-
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%.

1 778
1 850
-
-
total
-
-
-
-
Dividends
1 778
1 850
-
-
withholding
89
92
-
-
total
89
92
-
-
Income
1 850
1 850
1 850
1 850
Total tax
103
92
370
18
After tax
1 747
1 758
1 480
1 832
Living cost
58
58
58
58
Free-cash
1 689
1 700
1 422
1 774

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
£1742
£1650
£1390
£1668
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%.

-
-
-
1 850
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
113
-
1 850
-
income
23
-
370
-
total
23
-
370
-
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%.

1 737
1 850
-
-
total
-
-
-
-
Dividends
1 737
1 850
-
-
withholding
87
92
-
-
total
87
92
-
-
Income
1 850
1 850
1 850
1 850
Total tax
110
92
370
18
After tax
1 740
1 758
1 480
1 832
Living cost
90
90
90
90
Free-cash
1 650
1 668
1 390
1 742

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
£602
£723
£808
£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

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

-
-
-
1 850
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.

-
-
-
33
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.

-
-
-
602
trade
-
-
-
206
total
-
-
-
902
Employee

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

446
-
1 850
-
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
-
602
-
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
-
33
-
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
-
696
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 404
1 850
-
-
trade
201
265
-
-
income
211
278
-
-
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
427
562
-
-
Dividends
977
1 288
-
-
withholding
241
319
-
-
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
18
-
-
total
254
337
-
-
Income
1 850
1 850
1 850
1 850
Total tax
781
899
696
902
After tax
1 069
951
1 154
948
Living cost
346
346
346
346
Free-cash
723
605
808
602

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
£656
£760
£882
£661
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.

-
-
-
1 850
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.

-
-
-
33
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.

-
-
-
602
trade
-
-
-
226
total
-
-
-
922
Employee

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

343
-
1 850
-
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
-
602
-
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
-
33
-
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
-
696
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 507
1 850
-
-
trade
237
291
-
-
income
226
278
-
-
chamber of commerce
4
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
479
588
-
-
Dividends
1 028
1 262
-
-
withholding
253
312
-
-
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.

14
17
-
-
total
267
329
-
-
Income
1 850
1 850
1 850
1 850
Total tax
818
917
696
922
After tax
1 032
933
1 154
928
Living cost
272
272
272
272
Free-cash
760
661
882
656

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
£566
£698
£802
£571
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
1 850
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.

-
-
-
33
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.

-
-
-
602
trade
-
-
-
236
total
-
-
-
932
Employee

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

455
-
1 850
-
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
-
602
-
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
-
33
-
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
-
696
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 395
1 850
-
-
trade
229
304
-
-
income
209
278
-
-
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
453
601
-
-
Dividends
941
1 249
-
-
withholding
232
309
-
-
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
326
-
-
Income
1 850
1 850
1 850
1 850
Total tax
800
927
696
932
After tax
1 050
923
1 154
918
Living cost
352
352
352
352
Free-cash
698
571
802
566

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
£497
£649
£743
£502
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.

-
-
-
1 850
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.

-
-
-
33
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.

-
-
-
602
trade
-
-
-
246
total
-
-
-
942
Employee

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

539
-
1 850
-
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
-
602
-
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
-
33
-
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
-
696
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 311
1 850
-
-
trade
225
317
-
-
income
197
278
-
-
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
614
-
-
Dividends
875
1 236
-
-
withholding
215
306
-
-
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
227
323
-
-
Income
1 850
1 850
1 850
1 850
Total tax
790
937
696
942
After tax
1 060
913
1 154
908
Living cost
411
411
411
411
Free-cash
649
502
743
497

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
£670
£932
£615
£962
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
-
-
-
1 850
surtax
-
-
-
92
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
239
income
-
-
-
560
other
-
-
-
-
total
-
-
-
978
Employee
302
-
1 598
-
unemployment
21
-
83
-
other
-
-
-
-
income
51
-
506
-
surtax
1
-
81
-
pensions
20
-
80
-
health
8
-
31
-
total
101
-
781
-
Employer
302
-
1 598
-
pensions
40
-
160
-
other
-
-
-
-
health
14
-
54
-
unemployment
10
-
38
-
total
64
-
252
-
Corporate
1 484
1 850
-
-
income
386
481
-
-
total
386
481
-
-
Dividends
1 098
1 369
-
-
withholding
165
205
-
-
total
165
205
-
-
Income
1 850
1 850
1 850
1 850
Total tax
716
686
1 033
978
After tax
1 134
1 164
817
872
Living cost
202
202
202
202
Free-cash
932
962
615
670

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
£674
£936
£619
£966
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
-
-
-
1 850
surtax
-
-
-
92
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
239
income
-
-
-
560
other
-
-
-
-
total
-
-
-
978
Employee
297
-
1 598
-
unemployment
21
-
83
-
other
-
-
-
-
income
50
-
506
-
surtax
1
-
81
-
pensions
20
-
80
-
health
8
-
31
-
total
100
-
781
-
Employer
297
-
1 598
-
pensions
40
-
160
-
other
-
-
-
-
health
14
-
54
-
unemployment
9
-
38
-
total
63
-
252
-
Corporate
1 491
1 850
-
-
income
388
481
-
-
total
388
481
-
-
Dividends
1 103
1 369
-
-
withholding
165
205
-
-
total
165
205
-
-
Income
1 850
1 850
1 850
1 850
Total tax
716
686
1 033
978
After tax
1 134
1 164
817
872
Living cost
198
198
198
198
Free-cash
936
966
619
674

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
£1102
£862
£893
£859
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
-
-
-
1 850
unemployment
-
-
-
28
health
-
-
-
129
pensions
-
-
-
185
income
-
-
-
226
total
-
-
-
568
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
1 548
-
unemployment
4
2
23
-
income
32
13
189
-
pensions
26
10
155
-
health
18
7
108
-
total
80
32
475
-
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
1 548
-
pensions
51
20
302
-
total
51
20
302
-
Corporate
1 540
1 727
-
-
income
139
155
-
-
total
139
155
-
-
Dividends
1 402
1 571
-
-
withholding
266
299
-
-
social contributions
272
305
-
-
total
538
604
-
-
Income
1 850
1 850
1 850
1 850
Total tax
808
811
777
568
After tax
1 042
1 039
1 073
1 282
Living cost
180
180
180
180
Free-cash
862
859
893
1 102

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
£626
£714
£636
£721
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
-
-
-
1 850
national
-
-
-
344
pensions
-
-
-
222
social contributions
-
-
-
20
municipal
-
-
-
205
total
-
-
-
791
Employee
671
-
1 599
-
municipal
83
-
212
-
national
128
-
360
-
pensions
27
-
64
-
total
238
-
636
-
Employer
671
-
1 599
-
pensions
54
-
128
-
social contributions
7
-
17
-
total
61
-
145
-
Corporate
1 074
1 850
-
-
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%.

215
370
-
-
total
215
370
-
-
Dividends
859
1 480
-
-
withholding
189
326
-
-
total
189
326
-
-
Income
1 850
1 850
1 850
1 850
Total tax
703
696
781
791
After tax
1 147
1 154
1 069
1 059
Living cost
433
433
433
433
Free-cash
714
721
636
626

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
£432
£804
£432
£784
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
-
-
-
1 850
social contributions
-
-
-
315
income
-
-
-
592
total
-
-
-
907
Employee
702
-
1 850
-
social contributions
58
-
315
-
income
132
-
592
-
total
190
-
907
-
Employer
702
-
1 850
-
total
-
-
-
-
Corporate
1 148
1 850
-
-
income
144
231
-
-
total
144
231
-
-
Dividends
1 005
1 619
-
-
withholding
201
324
-
-
total
201
324
-
-
Income
1 850
1 850
1 850
1 850
Total tax
535
555
907
907
After tax
1 315
1 295
943
943
Living cost
511
511
511
511
Free-cash
804
784
432
432

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
£502
£561
£426
£608
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
-
-
-
1 850
national
-
-
-
486
regional
-
-
-
23
social contributions
-
-
-
449
municipal
-
-
-
11
total
-
-
-
969
Employee
797
-
1 850
-
municipal
4
-
10
-
national
138
-
426
-
social contributions
269
-
589
-
regional
8
-
20
-
total
419
-
1 045
-
Employer
797
-
1 850
-
total
-
-
-
-
Corporate
1 053
1 850
-
-
nationa
253
444
-
-
municipal
41
72
-
-
total
294
516
-
-
Dividends
759
1 334
-
-
withholding
197
347
-
-
total
197
347
-
-
Income
1 850
1 850
1 850
1 850
Total tax
910
863
1 045
969
After tax
940
987
805
881
Living cost
379
379
379
379
Free-cash
561
608
426
502

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
£634
£709
£557
£730
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 850
national
-
-
-
486
regional
-
-
-
28
social contributions
-
-
-
449
municipal
-
-
-
11
total
-
-
-
974
Employee
498
-
1 850
-
municipal
3
-
10
-
national
79
-
426
-
social contributions
168
-
589
-
regional
7
-
26
-
total
257
-
1 051
-
Employer
498
-
1 850
-
total
-
-
-
-
Corporate
1 352
1 850
-
-
nationa
325
444
-
-
municipal
67
92
-
-
total
392
536
-
-
Dividends
961
1 314
-
-
withholding
250
342
-
-
total
250
342
-
-
Income
1 850
1 850
1 850
1 850
Total tax
899
878
1 051
974
After tax
951
972
799
876
Living cost
242
242
242
242
Free-cash
709
730
557
634

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