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
£ 2100
per

Your estimated
City
free-cash

Andorra , Andorra
£1259
£1589
£1314
£1620
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
-
-
-
2 100
social contributions
-
-
-
462
income
-
-
-
109
total
-
-
-
571
Employee
288
-
1 818
-
social contributions
19
-
118
-
income
-
-
116
-
total
19
-
234
-
Employer
288
-
1 818
-
social contributions
45
-
282
-
total
45
-
282
-
Corporate
1 767
2 100
-
-
income
177
210
-
-
total
177
210
-
-
Dividends
1 590
1 890
-
-
total
-
-
-
-
Income
2 100
2 100
2 100
2 100
Total tax
241
210
516
571
After tax
1 859
1 890
1 584
1 529
Living cost
270
270
270
270
Free-cash
1 589
1 620
1 314
1 259

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
£791
£866
£264
£870
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
-
-
-
2 100
surtax
-
-
-
-
unemployment
-
-
-
55
health
-
-
-
80
chamber of commerce
-
-
-
8
pensions
-
-
-
194
income
-
-
-
686
total
-
-
-
1 023
Employee
392
358
1 747
-
unemployment
12
11
31
-
other
4
4
10
-
income
35
26
580
-
pensions
40
37
107
-
health
15
14
41
-
total
106
92
769
-
Employer
392
358
1 747
-
pensions
49
45
132
-
surtax
-
-
-
-
payroll
12
11
52
-
other
19
17
77
-
health
15
14
40
-
accident
5
5
14
-
unemployment
12
11
31
-
chamber of commerce
2
1
7
-
total
114
104
353
-
Corporate
1 595
1 640
1 713
-
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.

399
410
428
-
total
399
410
428
-
Dividends
1 196
1 230
-
-
withholding
329
338
-
-
total
329
338
-
-
Income
2 100
2 100
2 100
2 100
Total tax
948
944
1 550
1 023
After tax
1 152
1 156
550
1 077
Living cost
286
286
286
286
Free-cash
866
870
264
791

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
£759
£829
£233
£839
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
-
-
-
2 100
surtax
-
-
-
2
unemployment
-
-
-
55
health
-
-
-
80
chamber of commerce
-
-
-
8
pensions
-
-
-
194
income
-
-
-
686
total
-
-
-
1 025
Employee
448
358
1 746
-
unemployment
13
11
31
-
other
4
4
10
-
income
51
26
579
-
pensions
46
37
107
-
health
17
14
41
-
total
131
92
768
-
Employer
448
358
1 746
-
pensions
56
45
132
-
surtax
2
2
2
-
payroll
13
11
52
-
other
21
17
77
-
health
17
14
40
-
accident
6
5
14
-
unemployment
13
11
31
-
chamber of commerce
2
1
7
-
total
130
106
355
-
Corporate
1 521
1 638
1 712
-
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.

380
409
428
-
total
380
409
428
-
Dividends
1 141
1 228
-
-
withholding
314
338
-
-
total
314
338
-
-
Income
2 100
2 100
2 100
2 100
Total tax
955
945
1 551
1 025
After tax
1 145
1 155
549
1 075
Living cost
316
316
316
316
Free-cash
829
839
233
759

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
£586
£714
£384
£821
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
-
-
-
2 100
national
-
-
-
850
communal

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

-
-
-
113
social contributions
-
-
-
224
total
-
-
-
1 187
Employee

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

642
-
1 627
-
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
-
14
-
national
197
-
619
-
communal

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

33
-
85
-
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
-
122
-
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
-
76
-
total
314
-
916
-
Employer

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

642
-
1 627
-
surtax
73
-
184
-
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
-
144
-
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
-
100
-
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
-
21
-
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
-
24
-
total
186
-
473
-
Corporate
1 271
2 100
-
-
income
254
456
-
-
surtax
5
9
-
-
total
259
465
-
-
Dividends
1 012
1 635
-
-
withholding

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

300
487
-
-
total
300
487
-
-
Income
2 100
2 100
2 100
2 100
Total tax
1 059
952
1 389
1 187
After tax
1 041
1 148
711
913
Living cost
327
327
327
327
Free-cash
714
821
384
586

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
£1547
£1588
£1634
£1640
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
-
-
-
2 100
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
-
-
-
315
total
-
-
-
398
Employee
205
-
2 038
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
20
-
204
-
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
-
249
-
Employer
205
-
2 038
-
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
1 855
2 100
-
-
income
185
210
-
-
total
185
210
-
-
Dividends
1 670
1 890
-
-
withholding
83
95
-
-
total
83
95
-
-
Income
2 100
2 100
2 100
2 100
Total tax
357
305
311
398
After tax
1 743
1 795
1 789
1 702
Living cost
155
155
155
155
Free-cash
1 588
1 640
1 634
1 547

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
£1584
£1635
£1671
£1677
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
-
-
-
2 100
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
-
-
-
315
total
-
-
-
398
Employee
156
-
2 038
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
16
-
204
-
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
-
249
-
Employer
156
-
2 038
-
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
1 913
2 100
-
-
income
191
210
-
-
total
191
210
-
-
Dividends
1 722
1 890
-
-
withholding
86
95
-
-
total
86
95
-
-
Income
2 100
2 100
2 100
2 100
Total tax
347
305
311
398
After tax
1 753
1 795
1 789
1 702
Living cost
118
118
118
118
Free-cash
1 635
1 677
1 671
1 584

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
£1201
£1274
£1184
£1322
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
-
-
-
2 100
health
-
-
-
54
social contributions
-
-
-
145
income
-
-
-
492
total
-
-
-
691
Employee
690
690
1 986
-
income
75
64
483
-
social contributions
26
57
77
-
health
5
12
34
-
total
106
133
594
-
Employer
690
690
1 986
-
social contributions
26
57
77
-
health
6
13
37
-
total
32
70
114
-
Corporate
1 754
1 340
-
-
income
219
168
-
-
total
219
168
-
-
Dividends
1 535
1 173
-
-
withholding
261
199
-
-
total
261
199
-
-
Income
2 100
2 100
2 100
2 100
Total tax
618
570
708
691
After tax
1 482
1 530
1 392
1 409
Living cost
208
208
208
208
Free-cash
1 274
1 322
1 184
1 201

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
£1118
£1202
£1101
£1239
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
-
-
-
2 100
health
-
-
-
54
social contributions
-
-
-
145
income
-
-
-
492
total
-
-
-
691
Employee
690
690
1 986
-
income
72
64
483
-
social contributions
34
57
77
-
health
7
12
34
-
total
113
133
594
-
Employer
690
690
1 986
-
social contributions
34
57
77
-
health
7
13
37
-
total
41
70
114
-
Corporate
1 655
1 340
-
-
income
207
168
-
-
total
207
168
-
-
Dividends
1 448
1 173
-
-
withholding
246
199
-
-
total
246
199
-
-
Income
2 100
2 100
2 100
2 100
Total tax
607
570
708
691
After tax
1 493
1 530
1 392
1 409
Living cost
291
291
291
291
Free-cash
1 202
1 239
1 101
1 118

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
£1048
£1165
£956
£1239
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
-
-
-
2 100
health
-
-
-
284
social contributions
-
-
-
298
income
-
-
-
228
solidarity contribution
-
-
-
35
total
-
-
-
845
Employee
305
-
1 692
-
income
37
-
210
-
social contributions
20
-
66
-
health
41
-
228
-
solidarity contribution
-
-
26
-
total
98
-
530
-
Employer
305
-
1 692
-
social contributions
76
-
255
-
health
27
-
152
-
total
103
-
407
-
Corporate
1 691
2 100
-
-
income
321
399
-
-
total
321
399
-
-
Dividends
1 370
1 701
-
-
withholding
206
255
-
-
total
206
255
-
-
Income
2 100
2 100
2 100
2 100
Total tax
728
654
937
845
After tax
1 372
1 446
1 163
1 255
Living cost
207
207
207
207
Free-cash
1 165
1 239
956
1 048

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
£1000
£1100
£908
£1191
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
-
-
-
2 100
health
-
-
-
284
social contributions
-
-
-
298
income
-
-
-
228
solidarity contribution
-
-
-
35
total
-
-
-
845
Employee
376
-
1 692
-
income
45
-
210
-
social contributions
24
-
66
-
health
51
-
228
-
solidarity contribution
-
-
26
-
total
120
-
530
-
Employer
376
-
1 692
-
social contributions
94
-
255
-
health
34
-
152
-
total
128
-
407
-
Corporate
1 597
2 100
-
-
income
303
399
-
-
total
303
399
-
-
Dividends
1 293
1 701
-
-
withholding
194
255
-
-
total
194
255
-
-
Income
2 100
2 100
2 100
2 100
Total tax
745
654
937
845
After tax
1 355
1 446
1 163
1 255
Living cost
255
255
255
255
Free-cash
1 100
1 191
908
1 000

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
£776
£80
£140
£140
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
-
-
-
2 100
national
-
-
-
263
pensions
-
-
-
8
municipal
-
-
-
453
labour market
-
-
-
167
total
-
-
-
891
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
139
-
-
-
income
31
-
-
-
total
31
-
-
-
Dividends
109
-
-
-
withholding
29
-
-
-
total
29
-
-
-
Income
2 100
2 100
2 100
2 100
Total tax
1 587
1 527
1 527
891
After tax
513
573
573
1 209
Living cost
433
433
433
433
Free-cash
80
140
140
776

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
£909
£1407
£993
£1463
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
-
-
-
2 100
health
-
-
-
273
pensions
-
-
-
420
income
-
-
-
281
total
-
-
-
974
Employee
255
-
1 570
-
unemployment
4
-
25
-
income
29
-
303
-
pensions
5
-
31
-
total
38
-
359
-
Employer
255
-
1 570
-
pensions
51
-
314
-
health
33
-
204
-
unemployment
2
-
13
-
total
86
-
531
-
Corporate
1 759
2 100
-
-
income
352
420
-
-
total
352
420
-
-
Dividends
1 408
1 680
-
-
total
-
-
-
-
Income
2 100
2 100
2 100
2 100
Total tax
476
420
890
974
After tax
1 624
1 680
1 210
1 126
Living cost
217
217
217
217
Free-cash
1 407
1 463
993
909

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
£934
£967
£695
£939
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

-
-
-
2 100
national
-
-
-
420
health
-
-
-
29
municipal
-
-
-
373
total
-
-
-
822
Employee
472
-
1 767
-
unemployment
7
-
26
-
municipal
77
-
288
-
national
8
-
271
-
pensions
32
-
119
-
health
4
-
23
-
total
128
-
727
-
Employer
472
-
1 767
-
pensions
82
-
307
-
health
4
-
14
-
accident
-
-
2
-
unemployment
3
-
11
-
total
89
-
334
-
Corporate
1 539
2 100
-
-
income
308
420
-
-
total
308
420
-
-
Dividends

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

923
1 260
-
-
municipal
166
227
-
-
national
98
170
-
-
total
264
397
-
-
Income
2 100
2 100
2 100
2 100
Total tax
789
817
1 061
822
After tax
1 311
1 283
1 039
1 278
Living cost
344
344
344
344
Free-cash
967
939
695
934

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
£865
£831
£798
£781
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
-
-
-
2 100
surtax
-
-
-
-
health
-
-
-
105
pensions
-
-
-
325
social contributions
-
-
-
60
income
-
-
-
403
other
-
-
-
65
total
-
-
-
958
Employee
343
-
1 598
-
income
18
-
355
-
surtax
-
-
-
-
social contributions
10
-
46
-
pensions
39
-
122
-
total
67
-
523
-
Employer
343
-
1 598
-
pensions
56
-
204
-
social contributions
1
-
5
-
other
12
-
67
-
health
24
-
161
-
unemployment
14
-
65
-
total
107
-
502
-
Corporate
1 650
2 100
-
-
income
462
588
-
-
surtax
-
-
-
-
total
462
588
-
-
Dividends
1 188
1 512
-
-
withholding
152
194
-
-
social contributions
204
260
-
-
surtax
-
-
-
-
total
356
454
-
-
Income
2 100
2 100
2 100
2 100
Total tax
992
1 042
1 025
958
After tax
1 108
1 058
1 075
1 142
Living cost
277
277
277
277
Free-cash
831
781
798
865

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
£835
£804
£768
£751
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
-
-
-
2 100
surtax
-
-
-
-
health
-
-
-
105
pensions
-
-
-
325
social contributions
-
-
-
60
income
-
-
-
403
other
-
-
-
65
total
-
-
-
958
Employee
384
-
1 598
-
income
23
-
355
-
surtax
-
-
-
-
social contributions
11
-
46
-
pensions
43
-
122
-
total
77
-
523
-
Employer
384
-
1 598
-
pensions
63
-
204
-
social contributions
1
-
5
-
other
13
-
67
-
health
27
-
161
-
unemployment
16
-
65
-
total
120
-
502
-
Corporate
1 596
2 100
-
-
income
447
588
-
-
surtax
-
-
-
-
total
447
588
-
-
Dividends
1 149
1 512
-
-
withholding
147
194
-
-
social contributions
198
260
-
-
surtax
-
-
-
-
total
345
454
-
-
Income
2 100
2 100
2 100
2 100
Total tax
989
1 042
1 025
958
After tax
1 111
1 058
1 075
1 142
Living cost
307
307
307
307
Free-cash
804
751
768
835

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
£709
£686
£642
£625
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
-
-
-
2 100
surtax
-
-
-
-
health
-
-
-
105
pensions
-
-
-
325
social contributions
-
-
-
60
income
-
-
-
403
other
-
-
-
65
total
-
-
-
958
Employee
562
-
1 598
-
income
49
-
355
-
surtax
-
-
-
-
social contributions
16
-
46
-
pensions
64
-
122
-
total
129
-
523
-
Employer
562
-
1 598
-
pensions
92
-
204
-
social contributions
2
-
5
-
other
19
-
67
-
health
39
-
161
-
unemployment
23
-
65
-
total
175
-
502
-
Corporate
1 363
2 100
-
-
income
382
588
-
-
surtax
-
-
-
-
total
382
588
-
-
Dividends
981
1 512
-
-
withholding
126
194
-
-
social contributions
169
260
-
-
surtax
-
-
-
-
total
295
454
-
-
Income
2 100
2 100
2 100
2 100
Total tax
981
1 042
1 025
958
After tax
1 119
1 058
1 075
1 142
Living cost
433
433
433
433
Free-cash
686
625
642
709

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
£2021
£1927
£1622
£1937
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%.

-
-
-
2 100
microenterprise

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

-
-
-
21
total
-
-
-
21
Employee
72
-
2 100
-
income
14
-
420
-
total
14
-
420
-
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%.

2 028
2 100
-
-
total
-
-
-
-
Dividends
2 028
2 100
-
-
withholding
101
105
-
-
total
101
105
-
-
Income
2 100
2 100
2 100
2 100
Total tax
115
105
420
21
After tax
1 985
1 995
1 680
2 079
Living cost
58
58
58
58
Free-cash
1 927
1 937
1 622
2 021

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
£1989
£1888
£1590
£1905
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%.

-
-
-
2 100
microenterprise

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

-
-
-
21
total
-
-
-
21
Employee
113
-
2 100
-
income
23
-
420
-
total
23
-
420
-
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%.

1 987
2 100
-
-
total
-
-
-
-
Dividends
1 987
2 100
-
-
withholding
99
105
-
-
total
99
105
-
-
Income
2 100
2 100
2 100
2 100
Total tax
122
105
420
21
After tax
1 978
1 995
1 680
2 079
Living cost
90
90
90
90
Free-cash
1 888
1 905
1 590
1 989

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
£706
£851
£947
£735
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.

-
-
-
2 100
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.

-
-
-
39
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.

-
-
-
707
trade
-
-
-
241
total
-
-
-
1 048
Employee

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

446
-
2 100
-
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
-
707
-
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
-
39
-
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
-
807
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 654
2 100
-
-
trade
237
301
-
-
income
248
315
-
-
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.

14
17
-
-
total
503
637
-
-
Dividends
1 151
1 462
-
-
withholding
284
362
-
-
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.

16
20
-
-
total
300
382
-
-
Income
2 100
2 100
2 100
2 100
Total tax
903
1 019
807
1 048
After tax
1 197
1 081
1 293
1 052
Living cost
346
346
346
346
Free-cash
851
735
947
706

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
£756
£885
£1021
£786
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.

-
-
-
2 100
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.

-
-
-
39
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.

-
-
-
707
trade
-
-
-
265
total
-
-
-
1 072
Employee

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

343
-
2 100
-
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
-
707
-
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
-
39
-
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
-
807
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 757
2 100
-
-
trade
277
331
-
-
income
264
315
-
-
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.

14
17
-
-
total
559
667
-
-
Dividends
1 198
1 433
-
-
withholding
296
355
-
-
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.

16
20
-
-
total
312
375
-
-
Income
2 100
2 100
2 100
2 100
Total tax
943
1 042
807
1 072
After tax
1 157
1 058
1 293
1 028
Living cost
272
272
272
272
Free-cash
885
786
1 021
756

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
£664
£821
£941
£697
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.

-
-
-
2 100
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.

-
-
-
39
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.

-
-
-
707
trade
-
-
-
277
total
-
-
-
1 084
Employee

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

455
-
2 100
-
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
-
707
-
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
-
39
-
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
-
807
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 645
2 100
-
-
trade
271
345
-
-
income
247
315
-
-
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.

14
17
-
-
total
536
681
-
-
Dividends
1 110
1 418
-
-
withholding
274
351
-
-
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.

15
19
-
-
total
289
370
-
-
Income
2 100
2 100
2 100
2 100
Total tax
927
1 051
807
1 084
After tax
1 173
1 049
1 293
1 016
Living cost
352
352
352
352
Free-cash
821
697
941
664

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
£593
£772
£882
£627
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.

-
-
-
2 100
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.

-
-
-
39
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.

-
-
-
707
trade
-
-
-
289
total
-
-
-
1 096
Employee

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

539
-
2 100
-
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
-
707
-
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
-
39
-
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
-
807
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 561
2 100
-
-
trade
268
360
-
-
income
234
315
-
-
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
17
-
-
total
519
696
-
-
Dividends
1 043
1 403
-
-
withholding
257
347
-
-
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
19
-
-
total
271
366
-
-
Income
2 100
2 100
2 100
2 100
Total tax
917
1 062
807
1 096
After tax
1 183
1 038
1 293
1 004
Living cost
411
411
411
411
Free-cash
772
627
882
593

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
£785
£1090
£730
£1119
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
-
-
-
2 100
surtax
-
-
-
115
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
239
income
-
-
-
672
other
-
-
-
-
total
-
-
-
1 113
Employee
302
-
1 848
-
unemployment
21
-
83
-
other
-
-
-
-
income
51
-
618
-
surtax
1
-
104
-
pensions
20
-
80
-
health
8
-
31
-
total
101
-
916
-
Employer
302
-
1 848
-
pensions
40
-
160
-
other
-
-
-
-
health
14
-
54
-
unemployment
10
-
38
-
total
64
-
252
-
Corporate
1 734
2 100
-
-
income
451
546
-
-
total
451
546
-
-
Dividends
1 283
1 554
-
-
withholding
192
233
-
-
total
192
233
-
-
Income
2 100
2 100
2 100
2 100
Total tax
808
779
1 168
1 113
After tax
1 292
1 321
932
987
Living cost
202
202
202
202
Free-cash
1 090
1 119
730
785

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
£789
£1093
£734
£1123
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
-
-
-
2 100
surtax
-
-
-
115
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
239
income
-
-
-
672
other
-
-
-
-
total
-
-
-
1 113
Employee
297
-
1 848
-
unemployment
21
-
83
-
other
-
-
-
-
income
50
-
618
-
surtax
1
-
104
-
pensions
20
-
80
-
health
8
-
31
-
total
100
-
916
-
Employer
297
-
1 848
-
pensions
40
-
160
-
other
-
-
-
-
health
14
-
54
-
unemployment
9
-
38
-
total
63
-
252
-
Corporate
1 741
2 100
-
-
income
453
546
-
-
total
453
546
-
-
Dividends
1 288
1 554
-
-
withholding
193
233
-
-
total
193
233
-
-
Income
2 100
2 100
2 100
2 100
Total tax
809
779
1 168
1 113
After tax
1 291
1 321
932
987
Living cost
198
198
198
198
Free-cash
1 093
1 123
734
789

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
£1275
£1001
£1037
£998
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
-
-
-
2 100
unemployment
-
-
-
31
health
-
-
-
147
pensions
-
-
-
210
income
-
-
-
257
total
-
-
-
645
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
1 757
-
unemployment
4
2
26
-
income
32
13
215
-
pensions
26
10
176
-
health
18
7
123
-
total
80
32
540
-
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
1 757
-
pensions
51
20
343
-
total
51
20
343
-
Corporate
1 790
1 977
-
-
income
161
178
-
-
total
161
178
-
-
Dividends
1 629
1 799
-
-
withholding
310
342
-
-
social contributions
317
350
-
-
total
627
692
-
-
Income
2 100
2 100
2 100
2 100
Total tax
919
922
883
645
After tax
1 181
1 178
1 217
1 455
Living cost
180
180
180
180
Free-cash
1 001
998
1 037
1 275

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
£750
£870
£761
£877
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
-
-
-
2 100
national
-
-
-
408
pensions
-
-
-
252
social contributions
-
-
-
23
municipal
-
-
-
234
total
-
-
-
917
Employee
671
-
1 815
-
municipal
83
-
242
-
national
128
-
426
-
pensions
27
-
73
-
total
238
-
741
-
Employer
671
-
1 815
-
pensions
54
-
145
-
social contributions
7
-
20
-
total
61
-
165
-
Corporate
1 324
2 100
-
-
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%.

265
420
-
-
total
265
420
-
-
Dividends
1 059
1 680
-
-
withholding
233
370
-
-
total
233
370
-
-
Income
2 100
2 100
2 100
2 100
Total tax
797
790
906
917
After tax
1 303
1 310
1 194
1 183
Living cost
433
433
433
433
Free-cash
870
877
761
750

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
£535
£979
£535
£958
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
-
-
-
2 100
social contributions
-
-
-
362
income
-
-
-
692
total
-
-
-
1 054
Employee
702
-
2 100
-
social contributions
58
-
362
-
income
132
-
692
-
total
190
-
1 054
-
Employer
702
-
2 100
-
total
-
-
-
-
Corporate
1 398
2 100
-
-
income
175
263
-
-
total
175
263
-
-
Dividends
1 223
1 837
-
-
withholding
245
368
-
-
total
245
368
-
-
Income
2 100
2 100
2 100
2 100
Total tax
610
631
1 054
1 054
After tax
1 490
1 469
1 046
1 046
Living cost
511
511
511
511
Free-cash
979
958
535
535

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
£638
£694
£561
£741
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
-
-
-
2 100
national
-
-
-
594
regional
-
-
-
27
social contributions
-
-
-
449
municipal
-
-
-
13
total
-
-
-
1 083
Employee
797
-
2 100
-
municipal
4
-
12
-
national
138
-
534
-
social contributions
269
-
589
-
regional
8
-
25
-
total
419
-
1 160
-
Employer
797
-
2 100
-
total
-
-
-
-
Corporate
1 303
2 100
-
-
nationa
313
504
-
-
municipal
51
82
-
-
total
364
586
-
-
Dividends
939
1 514
-
-
withholding
244
394
-
-
total
244
394
-
-
Income
2 100
2 100
2 100
2 100
Total tax
1 027
980
1 160
1 083
After tax
1 073
1 120
940
1 017
Living cost
379
379
379
379
Free-cash
694
741
561
638

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
£768
£840
£692
£862
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
-
-
-
2 100
national
-
-
-
594
regional
-
-
-
34
social contributions
-
-
-
449
municipal
-
-
-
13
total
-
-
-
1 090
Employee
498
-
2 100
-
municipal
3
-
12
-
national
79
-
534
-
social contributions
168
-
589
-
regional
7
-
31
-
total
257
-
1 166
-
Employer
498
-
2 100
-
total
-
-
-
-
Corporate
1 602
2 100
-
-
nationa
385
504
-
-
municipal
80
104
-
-
total
465
608
-
-
Dividends
1 138
1 492
-
-
withholding
296
388
-
-
total
296
388
-
-
Income
2 100
2 100
2 100
2 100
Total tax
1 018
996
1 166
1 090
After tax
1 082
1 104
934
1 010
Living cost
242
242
242
242
Free-cash
840
862
692
768

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