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
£ 1900
per

Your estimated
City
free-cash

Andorra , Andorra
£1118
£1408
£1168
£1439
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
-
-
-
1 900
social contributions
-
-
-
418
income
-
-
-
93
total
-
-
-
511
Employee
290
-
1 645
-
social contributions
19
-
107
-
income
-
-
99
-
total
19
-
206
-
Employer
290
-
1 645
-
social contributions
45
-
255
-
total
45
-
255
-
Corporate
1 565
1 900
-
-
income
157
190
-
-
total
157
190
-
-
Dividends
1 409
1 710
-
-
total
-
-
-
-
Income
1 900
1 900
1 900
1 900
Total tax
221
190
461
511
After tax
1 679
1 710
1 439
1 389
Living cost
271
271
271
271
Free-cash
1 408
1 439
1 168
1 118

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
£689
£758
£211
£761
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
-
-
-
1 900
surtax
-
-
-
-
unemployment
-
-
-
55
health
-
-
-
81
chamber of commerce
-
-
-
8
pensions
-
-
-
195
income
-
-
-
585
total
-
-
-
924
Employee
394
359
1 560
-
unemployment
12
11
32
-
other
4
4
11
-
income
35
26
488
-
pensions
40
37
108
-
health
15
14
41
-
total
106
92
680
-
Employer
394
359
1 560
-
pensions
49
45
132
-
surtax
-
-
-
-
payroll
12
11
47
-
other
19
17
70
-
health
15
14
40
-
accident
5
5
14
-
unemployment
12
11
32
-
chamber of commerce
2
1
6
-
total
114
104
341
-
Corporate
1 393
1 438
1 526
-
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.

348
359
381
-
total
348
359
381
-
Dividends
1 045
1 078
-
-
withholding
287
297
-
-
total
287
297
-
-
Income
1 900
1 900
1 900
1 900
Total tax
855
852
1 402
924
After tax
1 045
1 048
498
976
Living cost
287
287
287
287
Free-cash
758
761
211
689

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
£657
£717
£180
£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
-
-
-
1 900
surtax
-
-
-
2
unemployment
-
-
-
55
health
-
-
-
81
chamber of commerce
-
-
-
8
pensions
-
-
-
195
income
-
-
-
585
total
-
-
-
926
Employee
450
359
1 558
-
unemployment
14
11
32
-
other
4
4
11
-
income
51
26
487
-
pensions
46
37
108
-
health
17
14
41
-
total
132
92
679
-
Employer
450
359
1 558
-
pensions
56
45
132
-
surtax
2
2
2
-
payroll
14
11
47
-
other
21
17
70
-
health
17
14
40
-
accident
6
5
14
-
unemployment
14
11
32
-
chamber of commerce
2
1
6
-
total
132
106
343
-
Corporate
1 318
1 436
1 524
-
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.

330
359
381
-
total
330
359
381
-
Dividends
989
1 077
-
-
withholding
272
296
-
-
total
272
296
-
-
Income
1 900
1 900
1 900
1 900
Total tax
866
853
1 403
926
After tax
1 034
1 047
497
974
Living cost
317
317
317
317
Free-cash
717
730
180
657

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
£497
£599
£324
£722
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
-
-
-
1 900
national
-
-
-
749
communal

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

-
-
-
101
social contributions
-
-
-
225
total
-
-
-
1 075
Employee

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

644
-
1 472
-
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
-
13
-
national
198
-
551
-
communal

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

34
-
77
-
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
-
110
-
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
-
69
-
total
316
-
820
-
Employer

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

644
-
1 472
-
surtax
73
-
167
-
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
-
130
-
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
-
91
-
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
187
-
428
-
Corporate
1 068
1 900
-
-
income
214
397
-
-
surtax
4
8
-
-
total
218
405
-
-
Dividends
850
1 495
-
-
withholding

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

252
445
-
-
total
252
445
-
-
Income
1 900
1 900
1 900
1 900
Total tax
973
850
1 248
1 075
After tax
927
1 050
652
825
Living cost
328
328
328
328
Free-cash
599
722
324
497

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
£1376
£1416
£1454
£1470
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
-
-
-
1 900
unemployment
-
-
-
1
health
-
-
-
36
pensions

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

-
-
-
47
income
-
-
-
285
total
-
-
-
369
Employee
205
-
1 838
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
21
-
184
-
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
50
-
229
-
Employer
205
-
1 838
-
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
1 655
1 900
-
-
income
165
190
-
-
total
165
190
-
-
Dividends
1 489
1 710
-
-
withholding
74
85
-
-
total
74
85
-
-
Income
1 900
1 900
1 900
1 900
Total tax
329
275
291
369
After tax
1 571
1 625
1 609
1 531
Living cost
155
155
155
155
Free-cash
1 416
1 470
1 454
1 376

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
£1413
£1464
£1491
£1507
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
-
-
-
1 900
unemployment
-
-
-
1
health
-
-
-
36
pensions

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

-
-
-
47
income
-
-
-
285
total
-
-
-
369
Employee
156
-
1 838
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
16
-
184
-
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
-
229
-
Employer
156
-
1 838
-
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
1 713
1 900
-
-
income
171
190
-
-
total
171
190
-
-
Dividends
1 542
1 710
-
-
withholding
77
85
-
-
total
77
85
-
-
Income
1 900
1 900
1 900
1 900
Total tax
318
275
291
369
After tax
1 582
1 625
1 609
1 531
Living cost
118
118
118
118
Free-cash
1 464
1 507
1 491
1 413

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
£1074
£1128
£1058
£1177
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
-
-
-
1 900
health
-
-
-
48
social contributions
-
-
-
146
income
-
-
-
423
total
-
-
-
617
Employee
693
693
1 789
-
income
75
64
414
-
social contributions
26
57
78
-
health
5
12
30
-
total
106
133
522
-
Employer
693
693
1 789
-
social contributions
26
57
78
-
health
6
13
33
-
total
32
70
111
-
Corporate
1 552
1 137
-
-
income
194
142
-
-
total
194
142
-
-
Dividends
1 358
995
-
-
withholding
231
169
-
-
total
231
169
-
-
Income
1 900
1 900
1 900
1 900
Total tax
563
514
633
617
After tax
1 337
1 386
1 267
1 283
Living cost
209
209
209
209
Free-cash
1 128
1 177
1 058
1 074

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
£991
£1054
£975
£1094
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
-
-
-
1 900
health
-
-
-
48
social contributions
-
-
-
146
income
-
-
-
423
total
-
-
-
617
Employee
693
693
1 789
-
income
73
64
414
-
social contributions
34
57
78
-
health
7
12
30
-
total
114
133
522
-
Employer
693
693
1 789
-
social contributions
34
57
78
-
health
8
13
33
-
total
42
70
111
-
Corporate
1 453
1 137
-
-
income
182
142
-
-
total
182
142
-
-
Dividends
1 272
995
-
-
withholding
216
169
-
-
total
216
169
-
-
Income
1 900
1 900
1 900
1 900
Total tax
554
514
633
617
After tax
1 346
1 386
1 267
1 283
Living cost
292
292
292
292
Free-cash
1 054
1 094
975
991

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
£912
£1026
£828
£1100
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
-
-
-
1 900
health
-
-
-
257
social contributions
-
-
-
299
income
-
-
-
202
solidarity contribution
-
-
-
22
total
-
-
-
780
Employee
306
-
1 508
-
income
37
-
186
-
social contributions
20
-
67
-
health
41
-
204
-
solidarity contribution
-
-
15
-
total
98
-
472
-
Employer
306
-
1 508
-
social contributions
76
-
256
-
health
28
-
136
-
total
104
-
392
-
Corporate
1 490
1 900
-
-
income
283
361
-
-
total
283
361
-
-
Dividends
1 207
1 539
-
-
withholding
181
231
-
-
total
181
231
-
-
Income
1 900
1 900
1 900
1 900
Total tax
666
592
864
780
After tax
1 234
1 308
1 036
1 120
Living cost
208
208
208
208
Free-cash
1 026
1 100
828
912

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
£864
£962
£780
£1052
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
-
-
-
1 900
health
-
-
-
257
social contributions
-
-
-
299
income
-
-
-
202
solidarity contribution
-
-
-
22
total
-
-
-
780
Employee
377
-
1 508
-
income
45
-
186
-
social contributions
24
-
67
-
health
51
-
204
-
solidarity contribution
-
-
15
-
total
120
-
472
-
Employer
377
-
1 508
-
social contributions
94
-
256
-
health
34
-
136
-
total
128
-
392
-
Corporate
1 395
1 900
-
-
income
265
361
-
-
total
265
361
-
-
Dividends
1 130
1 539
-
-
withholding
169
231
-
-
total
169
231
-
-
Income
1 900
1 900
1 900
1 900
Total tax
682
592
864
780
After tax
1 218
1 308
1 036
1 120
Living cost
256
256
256
256
Free-cash
962
1 052
780
864

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
£668
-£69
-£69
-£69
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
-
-
-
1 900
national
-
-
-
233
pensions
-
-
-
8
municipal
-
-
-
405
labour market
-
-
-
151
total
-
-
-
797
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
1 900
1 900
1 900
1 900
Total tax
1 534
1 534
1 534
797
After tax
366
366
366
1 103
Living cost
435
435
435
435
Free-cash
-69
-69
-69
668

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
£800
£1246
£877
£1302
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
-
-
-
1 900
health
-
-
-
247
pensions
-
-
-
380
income
-
-
-
255
total
-
-
-
882
Employee
256
-
1 420
-
unemployment
4
-
23
-
income
29
-
274
-
pensions
5
-
28
-
total
38
-
325
-
Employer
256
-
1 420
-
pensions
51
-
284
-
health
33
-
185
-
unemployment
2
-
11
-
total
86
-
480
-
Corporate
1 558
1 900
-
-
income
312
380
-
-
total
312
380
-
-
Dividends
1 246
1 520
-
-
total
-
-
-
-
Income
1 900
1 900
1 900
1 900
Total tax
436
380
805
882
After tax
1 464
1 520
1 095
1 018
Living cost
218
218
218
218
Free-cash
1 246
1 302
877
800

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
£834
£853
£617
£825
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

-
-
-
1 900
national
-
-
-
357
health
-
-
-
26
municipal
-
-
-
337
total
-
-
-
720
Employee
474
-
1 598
-
unemployment
7
-
24
-
municipal
78
-
260
-
national
8
-
223
-
pensions
32
-
108
-
health
4
-
21
-
total
129
-
636
-
Employer
474
-
1 598
-
pensions
82
-
277
-
health
4
-
12
-
accident
-
-
2
-
unemployment
3
-
10
-
total
89
-
301
-
Corporate
1 337
1 900
-
-
income
267
380
-
-
total
267
380
-
-
Dividends

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

802
1 140
-
-
municipal
144
205
-
-
national
72
144
-
-
total
216
349
-
-
Income
1 900
1 900
1 900
1 900
Total tax
701
729
937
720
After tax
1 199
1 171
963
1 180
Living cost
346
346
346
346
Free-cash
853
825
617
834

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
£773
£729
£725
£680
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 900
surtax
-
-
-
-
health
-
-
-
90
pensions
-
-
-
309
social contributions
-
-
-
54
income
-
-
-
337
other
-
-
-
59
total
-
-
-
849
Employee
344
-
1 455
-
income
18
-
303
-
surtax
-
-
-
-
social contributions
10
-
41
-
pensions
39
-
108
-
total
67
-
452
-
Employer
344
-
1 455
-
pensions
57
-
180
-
social contributions
1
-
4
-
other
12
-
60
-
health
24
-
142
-
unemployment
14
-
59
-
total
108
-
445
-
Corporate
1 448
1 900
-
-
income
406
532
-
-
surtax
-
-
-
-
total
406
532
-
-
Dividends
1 043
1 368
-
-
withholding
133
175
-
-
social contributions
179
235
-
-
surtax
-
-
-
-
total
312
410
-
-
Income
1 900
1 900
1 900
1 900
Total tax
893
942
897
849
After tax
1 007
958
1 003
1 051
Living cost
278
278
278
278
Free-cash
729
680
725
773

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
£743
£703
£695
£650
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
-
-
-
1 900
surtax
-
-
-
-
health
-
-
-
90
pensions
-
-
-
309
social contributions
-
-
-
54
income
-
-
-
337
other
-
-
-
59
total
-
-
-
849
Employee
386
-
1 455
-
income
23
-
303
-
surtax
-
-
-
-
social contributions
11
-
41
-
pensions
44
-
108
-
total
78
-
452
-
Employer
386
-
1 455
-
pensions
63
-
180
-
social contributions
1
-
4
-
other
13
-
60
-
health
27
-
142
-
unemployment
16
-
59
-
total
120
-
445
-
Corporate
1 394
1 900
-
-
income
390
532
-
-
surtax
-
-
-
-
total
390
532
-
-
Dividends
1 004
1 368
-
-
withholding
128
175
-
-
social contributions
173
235
-
-
surtax
-
-
-
-
total
301
410
-
-
Income
1 900
1 900
1 900
1 900
Total tax
889
942
897
849
After tax
1 011
958
1 003
1 051
Living cost
308
308
308
308
Free-cash
703
650
695
743

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
£616
£584
£568
£523
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
-
-
-
1 900
surtax
-
-
-
-
health
-
-
-
90
pensions
-
-
-
309
social contributions
-
-
-
54
income
-
-
-
337
other
-
-
-
59
total
-
-
-
849
Employee
564
-
1 455
-
income
49
-
303
-
surtax
-
-
-
-
social contributions
16
-
41
-
pensions
64
-
108
-
total
129
-
452
-
Employer
564
-
1 455
-
pensions
93
-
180
-
social contributions
2
-
4
-
other
19
-
60
-
health
39
-
142
-
unemployment
23
-
59
-
total
176
-
445
-
Corporate
1 160
1 900
-
-
income
325
532
-
-
surtax
-
-
-
-
total
325
532
-
-
Dividends
835
1 368
-
-
withholding
107
175
-
-
social contributions
144
235
-
-
surtax
-
-
-
-
total
251
410
-
-
Income
1 900
1 900
1 900
1 900
Total tax
881
942
897
849
After tax
1 019
958
1 003
1 051
Living cost
435
435
435
435
Free-cash
584
523
568
616

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
£1823
£1736
£1462
£1747
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%.

-
-
-
1 900
microenterprise

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

-
-
-
19
total
-
-
-
19
Employee
73
-
1 900
-
income
15
-
380
-
total
15
-
380
-
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%.

1 827
1 900
-
-
total
-
-
-
-
Dividends
1 827
1 900
-
-
withholding
91
95
-
-
total
91
95
-
-
Income
1 900
1 900
1 900
1 900
Total tax
106
95
380
19
After tax
1 794
1 805
1 520
1 881
Living cost
58
58
58
58
Free-cash
1 736
1 747
1 462
1 823

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
£1790
£1697
£1429
£1714
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%.

-
-
-
1 900
microenterprise

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

-
-
-
19
total
-
-
-
19
Employee
114
-
1 900
-
income
23
-
380
-
total
23
-
380
-
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%.

1 786
1 900
-
-
total
-
-
-
-
Dividends
1 786
1 900
-
-
withholding
89
95
-
-
total
89
95
-
-
Income
1 900
1 900
1 900
1 900
Total tax
112
95
380
19
After tax
1 788
1 805
1 520
1 881
Living cost
91
91
91
91
Free-cash
1 697
1 714
1 429
1 790

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
£621
£746
£834
£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

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

-
-
-
1 900
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.

-
-
-
34
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.

-
-
-
622
trade
-
-
-
213
total
-
-
-
931
Employee

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

448
-
1 900
-
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
-
622
-
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
-
34
-
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
-
718
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 452
1 900
-
-
trade
208
273
-
-
income
218
285
-
-
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
16
-
-
total
442
578
-
-
Dividends
1 010
1 323
-
-
withholding
249
327
-
-
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
18
-
-
total
263
345
-
-
Income
1 900
1 900
1 900
1 900
Total tax
806
923
718
931
After tax
1 094
977
1 182
969
Living cost
348
348
348
348
Free-cash
746
629
834
621

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
£676
£783
£909
£684
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.

-
-
-
1 900
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.

-
-
-
34
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.

-
-
-
622
trade
-
-
-
233
total
-
-
-
951
Employee

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

345
-
1 900
-
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
-
622
-
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
-
34
-
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
-
718
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 555
1 900
-
-
trade
245
299
-
-
income
233
285
-
-
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.

13
16
-
-
total
495
604
-
-
Dividends
1 061
1 296
-
-
withholding
262
321
-
-
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
18
-
-
total
276
339
-
-
Income
1 900
1 900
1 900
1 900
Total tax
844
943
718
951
After tax
1 056
957
1 182
949
Living cost
273
273
273
273
Free-cash
783
684
909
676

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
£584
£722
£828
£594
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.

-
-
-
1 900
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.

-
-
-
34
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.

-
-
-
622
trade
-
-
-
244
total
-
-
-
962
Employee

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

457
-
1 900
-
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
-
622
-
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
-
34
-
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
-
718
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 443
1 900
-
-
trade
237
313
-
-
income
216
285
-
-
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
16
-
-
total
468
618
-
-
Dividends
974
1 283
-
-
withholding
240
317
-
-
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
253
334
-
-
Income
1 900
1 900
1 900
1 900
Total tax
824
952
718
962
After tax
1 076
948
1 182
938
Living cost
354
354
354
354
Free-cash
722
594
828
584

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
£515
£671
£769
£525
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.

-
-
-
1 900
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.

-
-
-
34
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.

-
-
-
622
trade
-
-
-
254
total
-
-
-
972
Employee

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

541
-
1 900
-
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
-
622
-
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
-
34
-
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
-
718
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 359
1 900
-
-
trade
233
326
-
-
income
204
285
-
-
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
16
-
-
total
451
631
-
-
Dividends
907
1 269
-
-
withholding
223
314
-
-
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
331
-
-
Income
1 900
1 900
1 900
1 900
Total tax
816
962
718
972
After tax
1 084
938
1 182
928
Living cost
413
413
413
413
Free-cash
671
525
769
515

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
£694
£964
£638
£993
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
-
-
-
1 900
surtax
-
-
-
96
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
240
income
-
-
-
581
other
-
-
-
-
total
-
-
-
1 004
Employee
303
-
1 647
-
unemployment
21
-
84
-
other
-
-
-
-
income
51
-
527
-
surtax
1
-
85
-
pensions
20
-
80
-
health
8
-
31
-
total
101
-
807
-
Employer
303
-
1 647
-
pensions
40
-
160
-
other
-
-
-
-
health
14
-
55
-
unemployment
10
-
38
-
total
64
-
253
-
Corporate
1 533
1 900
-
-
income
399
494
-
-
total
399
494
-
-
Dividends
1 134
1 406
-
-
withholding
170
211
-
-
total
170
211
-
-
Income
1 900
1 900
1 900
1 900
Total tax
734
705
1 060
1 004
After tax
1 166
1 195
840
896
Living cost
202
202
202
202
Free-cash
964
993
638
694

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
£697
£967
£641
£996
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
-
-
-
1 900
surtax
-
-
-
96
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
240
income
-
-
-
581
other
-
-
-
-
total
-
-
-
1 004
Employee
298
-
1 647
-
unemployment
21
-
84
-
other
-
-
-
-
income
50
-
527
-
surtax
1
-
85
-
pensions
20
-
80
-
health
8
-
31
-
total
100
-
807
-
Employer
298
-
1 647
-
pensions
40
-
160
-
other
-
-
-
-
health
14
-
55
-
unemployment
9
-
38
-
total
63
-
253
-
Corporate
1 539
1 900
-
-
income
400
494
-
-
total
400
494
-
-
Dividends
1 139
1 406
-
-
withholding
171
211
-
-
total
171
211
-
-
Income
1 900
1 900
1 900
1 900
Total tax
734
705
1 060
1 004
After tax
1 166
1 195
840
896
Living cost
199
199
199
199
Free-cash
967
996
641
697

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
£1138
£892
£923
£888
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
-
-
-
1 900
unemployment
-
-
-
28
health
-
-
-
133
pensions
-
-
-
190
income
-
-
-
232
total
-
-
-
583
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
1 590
-
unemployment
4
2
24
-
income
32
13
194
-
pensions
26
10
159
-
health
18
7
111
-
total
80
32
488
-
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
1 590
-
pensions
50
20
310
-
total
50
20
310
-
Corporate
1 591
1 777
-
-
income
143
160
-
-
total
143
160
-
-
Dividends
1 448
1 617
-
-
withholding
275
307
-
-
social contributions
281
314
-
-
total
556
621
-
-
Income
1 900
1 900
1 900
1 900
Total tax
829
833
798
583
After tax
1 071
1 067
1 102
1 317
Living cost
179
179
179
179
Free-cash
892
888
923
1 138

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
£649
£742
£659
£750
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
-
-
-
1 900
national
-
-
-
356
pensions
-
-
-
228
social contributions
-
-
-
20
municipal
-
-
-
211
total
-
-
-
815
Employee
676
-
1 643
-
municipal
84
-
218
-
national
129
-
372
-
pensions
27
-
66
-
total
240
-
656
-
Employer
676
-
1 643
-
pensions
54
-
131
-
social contributions
7
-
18
-
total
61
-
149
-
Corporate
1 118
1 900
-
-
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%.

224
380
-
-
total
224
380
-
-
Dividends
894
1 520
-
-
withholding
197
334
-
-
total
197
334
-
-
Income
1 900
1 900
1 900
1 900
Total tax
722
714
805
815
After tax
1 178
1 186
1 095
1 085
Living cost
436
436
436
436
Free-cash
742
750
659
649

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
£452
£837
£452
£816
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
-
-
-
1 900
social contributions
-
-
-
324
income
-
-
-
611
total
-
-
-
935
Employee
705
-
1 900
-
social contributions
59
-
324
-
income
133
-
611
-
total
192
-
935
-
Employer
705
-
1 900
-
total
-
-
-
-
Corporate
1 195
1 900
-
-
income
149
238
-
-
total
149
238
-
-
Dividends
1 046
1 662
-
-
withholding
209
333
-
-
total
209
333
-
-
Income
1 900
1 900
1 900
1 900
Total tax
550
571
935
935
After tax
1 350
1 329
965
965
Living cost
513
513
513
513
Free-cash
837
816
452
452

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
£528
£586
£452
£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
-
-
-
1 900
national
-
-
-
506
regional
-
-
-
23
social contributions
-
-
-
451
municipal
-
-
-
12
total
-
-
-
992
Employee
801
-
1 900
-
municipal
4
-
10
-
national
139
-
446
-
social contributions
270
-
591
-
regional
8
-
21
-
total
421
-
1 068
-
Employer
801
-
1 900
-
total
-
-
-
-
Corporate
1 099
1 900
-
-
nationa
264
456
-
-
municipal
43
74
-
-
total
307
530
-
-
Dividends
793
1 370
-
-
withholding
206
356
-
-
total
206
356
-
-
Income
1 900
1 900
1 900
1 900
Total tax
934
886
1 068
992
After tax
966
1 014
832
908
Living cost
380
380
380
380
Free-cash
586
634
452
528

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
£659
£734
£583
£756
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
-
-
-
1 900
national
-
-
-
506
regional
-
-
-
29
social contributions
-
-
-
451
municipal
-
-
-
12
total
-
-
-
998
Employee
500
-
1 900
-
municipal
3
-
10
-
national
79
-
446
-
social contributions
169
-
591
-
regional
7
-
27
-
total
258
-
1 074
-
Employer
500
-
1 900
-
total
-
-
-
-
Corporate
1 400
1 900
-
-
nationa
336
456
-
-
municipal
70
94
-
-
total
406
550
-
-
Dividends
995
1 350
-
-
withholding
259
351
-
-
total
259
351
-
-
Income
1 900
1 900
1 900
1 900
Total tax
923
901
1 074
998
After tax
977
999
826
902
Living cost
243
243
243
243
Free-cash
734
756
583
659

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