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
£ 2200
per

Your estimated
City
free-cash

Andorra , Andorra
£1327
£1678
£1386
£1708
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
-
-
-
2 200
social contributions
-
-
-
484
income
-
-
-
117
total
-
-
-
601
Employee
290
-
1 905
-
social contributions
19
-
124
-
income
-
-
123
-
total
19
-
247
-
Employer
290
-
1 905
-
social contributions
45
-
295
-
total
45
-
295
-
Corporate
1 865
2 200
-
-
income
186
220
-
-
total
186
220
-
-
Dividends
1 678
1 980
-
-
total
-
-
-
-
Income
2 200
2 200
2 200
2 200
Total tax
250
220
542
601
After tax
1 950
1 980
1 658
1 599
Living cost
272
272
272
272
Free-cash
1 678
1 708
1 386
1 327

Estimated living cost  is £272 per week

£176
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
£838
£919
£285
£923
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
-
-
-
2 200
surtax
-
-
-
-
unemployment
-
-
-
55
health
-
-
-
81
chamber of commerce
-
-
-
9
pensions
-
-
-
195
income
-
-
-
734
total
-
-
-
1 074
Employee
395
360
1 839
-
unemployment
12
11
32
-
other
4
4
11
-
income
35
27
623
-
pensions
40
37
108
-
health
15
14
41
-
total
106
93
815
-
Employer
395
360
1 839
-
pensions
50
45
132
-
surtax
-
-
-
-
payroll
12
11
55
-
other
19
17
81
-
health
15
14
40
-
accident
5
5
14
-
unemployment
12
11
32
-
chamber of commerce
2
1
7
-
total
115
104
361
-
Corporate
1 691
1 736
1 805
-
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.

423
434
451
-
total
423
434
451
-
Dividends
1 269
1 302
-
-
withholding
349
358
-
-
total
349
358
-
-
Income
2 200
2 200
2 200
2 200
Total tax
993
989
1 627
1 074
After tax
1 207
1 211
573
1 126
Living cost
288
288
288
288
Free-cash
919
923
285
838

Estimated living cost  is £288 per week

£173
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
£806
£879
£253
£891
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
-
-
-
2 200
surtax
-
-
-
2
unemployment
-
-
-
55
health
-
-
-
81
chamber of commerce
-
-
-
9
pensions
-
-
-
195
income
-
-
-
734
total
-
-
-
1 076
Employee
451
360
1 837
-
unemployment
14
11
32
-
other
5
4
11
-
income
51
27
623
-
pensions
46
37
108
-
health
17
14
41
-
total
133
93
815
-
Employer
451
360
1 837
-
pensions
57
45
132
-
surtax
2
2
2
-
payroll
14
11
55
-
other
21
17
81
-
health
17
14
40
-
accident
6
5
14
-
unemployment
14
11
32
-
chamber of commerce
2
1
7
-
total
133
106
363
-
Corporate
1 617
1 735
1 803
-
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.

404
434
451
-
total
404
434
451
-
Dividends
1 213
1 301
-
-
withholding
333
358
-
-
total
333
358
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 003
991
1 629
1 076
After tax
1 197
1 209
571
1 124
Living cost
318
318
318
318
Free-cash
879
891
253
806

Estimated living cost  is £318 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.
£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

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
£629
£766
£411
£868
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
-
-
-
2 200
national
-
-
-
899
communal

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

-
-
-
118
social contributions
-
-
-
225
total
-
-
-
1 242
Employee

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

646
-
1 704
-
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
-
15
-
national
199
-
652
-
communal

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

34
-
89
-
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
-
128
-
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
-
80
-
total
317
-
964
-
Employer

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

646
-
1 704
-
surtax
73
-
193
-
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
-
151
-
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
-
105
-
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
-
22
-
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
-
25
-
total
187
-
496
-
Corporate
1 366
2 200
-
-
income
273
484
-
-
surtax
5
10
-
-
total
278
494
-
-
Dividends
1 087
1 707
-
-
withholding

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

323
509
-
-
total
323
509
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 105
1 003
1 460
1 242
After tax
1 095
1 197
740
958
Living cost
329
329
329
329
Free-cash
766
868
411
629

Estimated living cost  is £329 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
£1631
£1672
£1723
£1726
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
-
-
-
2 200
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
-
-
-
330
total
-
-
-
414
Employee
206
-
2 138
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
21
-
214
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

18
-
28
-
health
9
-
15
-
total
50
-
260
-
Employer
206
-
2 138
-
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
1 954
2 200
-
-
income
195
220
-
-
total
195
220
-
-
Dividends
1 758
1 980
-
-
withholding
88
99
-
-
total
88
99
-
-
Income
2 200
2 200
2 200
2 200
Total tax
373
319
322
414
After tax
1 827
1 881
1 878
1 786
Living cost
155
155
155
155
Free-cash
1 672
1 726
1 723
1 631

Estimated living cost  is £155 per week

£103
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
£1668
£1720
£1760
£1763
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
-
-
-
2 200
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
-
-
-
330
total
-
-
-
414
Employee
157
-
2 138
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
16
-
214
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

14
-
28
-
health
7
-
15
-
total
39
-
260
-
Employer
157
-
2 138
-
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
2 012
2 200
-
-
income
201
220
-
-
total
201
220
-
-
Dividends
1 811
1 980
-
-
withholding
91
99
-
-
total
91
99
-
-
Income
2 200
2 200
2 200
2 200
Total tax
362
319
322
414
After tax
1 838
1 881
1 878
1 786
Living cost
118
118
118
118
Free-cash
1 720
1 763
1 760
1 668

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
£1264
£1346
£1246
£1394
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
-
-
-
2 200
health
-
-
-
56
social contributions
-
-
-
146
income
-
-
-
525
total
-
-
-
727
Employee
695
695
2 084
-
income
76
64
515
-
social contributions
26
58
78
-
health
5
12
35
-
total
107
134
628
-
Employer
695
695
2 084
-
social contributions
26
58
78
-
health
6
13
39
-
total
32
71
117
-
Corporate
1 851
1 435
-
-
income
231
179
-
-
total
231
179
-
-
Dividends
1 620
1 255
-
-
withholding
275
213
-
-
total
275
213
-
-
Income
2 200
2 200
2 200
2 200
Total tax
645
597
745
727
After tax
1 555
1 603
1 455
1 473
Living cost
209
209
209
209
Free-cash
1 346
1 394
1 246
1 264

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.
£21
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.
£59
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
£1180
£1271
£1162
£1310
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
-
-
-
2 200
health
-
-
-
56
social contributions
-
-
-
146
income
-
-
-
525
total
-
-
-
727
Employee
695
695
2 084
-
income
73
64
515
-
social contributions
34
58
78
-
health
7
12
35
-
total
114
134
628
-
Employer
695
695
2 084
-
social contributions
34
58
78
-
health
8
13
39
-
total
42
71
117
-
Corporate
1 752
1 435
-
-
income
219
179
-
-
total
219
179
-
-
Dividends
1 533
1 255
-
-
withholding
261
213
-
-
total
261
213
-
-
Income
2 200
2 200
2 200
2 200
Total tax
636
597
745
727
After tax
1 564
1 603
1 455
1 473
Living cost
293
293
293
293
Free-cash
1 271
1 310
1 162
1 180

Estimated living cost  is £293 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
£1114
£1231
£1014
£1306
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
-
-
-
2 200
health
-
-
-
297
social contributions
-
-
-
300
income
-
-
-
240
solidarity contribution
-
-
-
40
total
-
-
-
877
Employee
307
-
1 782
-
income
37
-
221
-
social contributions
20
-
67
-
health
41
-
241
-
solidarity contribution
-
-
31
-
total
98
-
560
-
Employer
307
-
1 782
-
social contributions
77
-
257
-
health
28
-
160
-
total
105
-
417
-
Corporate
1 789
2 200
-
-
income
340
418
-
-
total
340
418
-
-
Dividends
1 449
1 782
-
-
withholding
217
267
-
-
total
217
267
-
-
Income
2 200
2 200
2 200
2 200
Total tax
760
685
977
877
After tax
1 440
1 515
1 223
1 323
Living cost
209
209
209
209
Free-cash
1 231
1 306
1 014
1 114

Estimated living cost  is £209 per week

£145
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
£1066
£1165
£966
£1258
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
-
-
-
2 200
health
-
-
-
297
social contributions
-
-
-
300
income
-
-
-
240
solidarity contribution
-
-
-
40
total
-
-
-
877
Employee
378
-
1 782
-
income
45
-
221
-
social contributions
25
-
67
-
health
51
-
241
-
solidarity contribution
-
-
31
-
total
121
-
560
-
Employer
378
-
1 782
-
social contributions
95
-
257
-
health
34
-
160
-
total
129
-
417
-
Corporate
1 693
2 200
-
-
income
322
418
-
-
total
322
418
-
-
Dividends
1 372
1 782
-
-
withholding
206
267
-
-
total
206
267
-
-
Income
2 200
2 200
2 200
2 200
Total tax
778
685
977
877
After tax
1 422
1 515
1 223
1 323
Living cost
257
257
257
257
Free-cash
1 165
1 258
966
1 066

Estimated living cost  is £257 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
£827
£122
£227
£227
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
-
-
-
2 200
national
-
-
-
278
pensions
-
-
-
8
municipal
-
-
-
476
labour market
-
-
-
175
total
-
-
-
937
Employee
1 842
1 842
1 842
-
municipal
392
392
392
-
national
225
225
225
-
pensions
3
3
3
-
labour market
147
147
147
-
total
767
767
767
-
Employer
1 842
1 842
1 842
-
pensions
5
5
5
-
labour market
147
147
147
-
municipal
393
393
393
-
national
225
225
225
-
total
770
770
770
-
Corporate
226
-
-
-
income
50
-
-
-
total
50
-
-
-
Dividends
176
-
-
-
withholding
55
-
-
-
total
55
-
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 642
1 537
1 537
937
After tax
558
663
663
1 263
Living cost
436
436
436
436
Free-cash
122
227
227
827

Estimated living cost  is £436 per week

£299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£39
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
£961
£1487
£1050
£1542
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
-
-
-
2 200
health
-
-
-
286
pensions
-
-
-
440
income
-
-
-
295
total
-
-
-
1 021
Employee
256
-
1 644
-
unemployment
4
-
26
-
income
29
-
317
-
pensions
5
-
33
-
total
38
-
376
-
Employer
256
-
1 644
-
pensions
51
-
329
-
health
33
-
214
-
unemployment
2
-
13
-
total
86
-
556
-
Corporate
1 857
2 200
-
-
income
371
440
-
-
total
371
440
-
-
Dividends
1 486
1 760
-
-
total
-
-
-
-
Income
2 200
2 200
2 200
2 200
Total tax
495
440
932
1 021
After tax
1 705
1 760
1 268
1 179
Living cost
218
218
218
218
Free-cash
1 487
1 542
1 050
961

Estimated living cost  is £218 per week

£150
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
£983
£1021
£731
£992
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

-
-
-
2 200
national
-
-
-
449
health
-
-
-
30
municipal
-
-
-
391
total
-
-
-
870
Employee
475
-
1 851
-
unemployment
7
-
28
-
municipal
78
-
301
-
national
8
-
294
-
pensions
32
-
125
-
health
4
-
25
-
total
129
-
773
-
Employer
475
-
1 851
-
pensions
82
-
321
-
health
4
-
14
-
accident
-
-
2
-
unemployment
3
-
12
-
total
89
-
349
-
Corporate
1 635
2 200
-
-
income
327
440
-
-
total
327
440
-
-
Dividends

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

981
1 320
-
-
municipal
177
238
-
-
national
110
183
-
-
total
287
421
-
-
Income
2 200
2 200
2 200
2 200
Total tax
832
861
1 122
870
After tax
1 368
1 339
1 078
1 330
Living cost
347
347
347
347
Free-cash
1 021
992
731
983

Estimated living cost  is £347 per week

£227
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
£912
£881
£837
£831
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
-
-
-
2 200
surtax
-
-
-
-
health
-
-
-
112
pensions
-
-
-
334
social contributions
-
-
-
63
income
-
-
-
433
other
-
-
-
68
total
-
-
-
1 010
Employee
345
-
1 671
-
income
18
-
379
-
surtax
-
-
-
-
social contributions
10
-
48
-
pensions
39
-
129
-
total
67
-
556
-
Employer
345
-
1 671
-
pensions
57
-
215
-
social contributions
1
-
5
-
other
12
-
71
-
health
24
-
170
-
unemployment
14
-
68
-
total
108
-
529
-
Corporate
1 747
2 200
-
-
income
489
616
-
-
surtax
-
-
-
-
total
489
616
-
-
Dividends
1 258
1 584
-
-
withholding
161
203
-
-
social contributions
216
272
-
-
surtax
-
-
-
-
total
377
475
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 041
1 091
1 085
1 010
After tax
1 159
1 109
1 115
1 190
Living cost
278
278
278
278
Free-cash
881
831
837
912

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
£881
£852
£806
£800
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
-
-
-
2 200
surtax
-
-
-
-
health
-
-
-
112
pensions
-
-
-
334
social contributions
-
-
-
63
income
-
-
-
433
other
-
-
-
68
total
-
-
-
1 010
Employee
387
-
1 671
-
income
23
-
379
-
surtax
-
-
-
-
social contributions
11
-
48
-
pensions
44
-
129
-
total
78
-
556
-
Employer
387
-
1 671
-
pensions
64
-
215
-
social contributions
1
-
5
-
other
13
-
71
-
health
27
-
170
-
unemployment
16
-
68
-
total
121
-
529
-
Corporate
1 693
2 200
-
-
income
474
616
-
-
surtax
-
-
-
-
total
474
616
-
-
Dividends
1 219
1 584
-
-
withholding
156
203
-
-
social contributions
210
272
-
-
surtax
-
-
-
-
total
366
475
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 039
1 091
1 085
1 010
After tax
1 161
1 109
1 115
1 190
Living cost
309
309
309
309
Free-cash
852
800
806
881

Estimated living cost  is £309 per week

£195
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
£754
£735
£679
£673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 200
surtax
-
-
-
-
health
-
-
-
112
pensions
-
-
-
334
social contributions
-
-
-
63
income
-
-
-
433
other
-
-
-
68
total
-
-
-
1 010
Employee
566
-
1 671
-
income
49
-
379
-
surtax
-
-
-
-
social contributions
16
-
48
-
pensions
64
-
129
-
total
129
-
556
-
Employer
566
-
1 671
-
pensions
93
-
215
-
social contributions
2
-
5
-
other
20
-
71
-
health
40
-
170
-
unemployment
23
-
68
-
total
178
-
529
-
Corporate
1 457
2 200
-
-
income
408
616
-
-
surtax
-
-
-
-
total
408
616
-
-
Dividends
1 049
1 584
-
-
withholding
134
203
-
-
social contributions
180
272
-
-
surtax
-
-
-
-
total
314
475
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 029
1 091
1 085
1 010
After tax
1 171
1 109
1 115
1 190
Living cost
436
436
436
436
Free-cash
735
673
679
754

Estimated living cost  is £436 per week

£295
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
£2119
£2021
£1702
£2032
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%.

-
-
-
2 200
microenterprise

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

-
-
-
23
total
-
-
-
23
Employee
73
-
2 200
-
income
15
-
440
-
total
15
-
440
-
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%.

2 127
2 200
-
-
total
-
-
-
-
Dividends
2 127
2 200
-
-
withholding
106
110
-
-
total
106
110
-
-
Income
2 200
2 200
2 200
2 200
Total tax
121
110
440
23
After tax
2 079
2 090
1 760
2 177
Living cost
58
58
58
58
Free-cash
2 021
2 032
1 702
2 119

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
£2086
£1982
£1669
£1999
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%.

-
-
-
2 200
microenterprise

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

-
-
-
23
total
-
-
-
23
Employee
113
-
2 200
-
income
23
-
440
-
total
23
-
440
-
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%.

2 087
2 200
-
-
total
-
-
-
-
Dividends
2 087
2 200
-
-
withholding
104
110
-
-
total
104
110
-
-
Income
2 200
2 200
2 200
2 200
Total tax
127
110
440
23
After tax
2 073
2 090
1 760
2 177
Living cost
91
91
91
91
Free-cash
1 982
1 999
1 669
2 086

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.
£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
£745
£900
£1000
£782
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.

-
-
-
2 200
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.

-
-
-
41
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.

-
-
-
748
trade
-
-
-
255
total
-
-
-
1 106
Employee

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

449
-
2 200
-
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
-
748
-
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
-
41
-
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
-
851
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 751
2 200
-
-
trade
251
316
-
-
income
263
330
-
-
chamber of commerce
4
5
-
-
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
532
669
-
-
Dividends
1 218
1 532
-
-
withholding
301
379
-
-
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.

17
21
-
-
total
318
400
-
-
Income
2 200
2 200
2 200
2 200
Total tax
951
1 069
851
1 106
After tax
1 249
1 131
1 349
1 094
Living cost
349
349
349
349
Free-cash
900
782
1 000
745

Estimated living cost  is £349 per week

£241
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.
£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.
£66
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
£795
£934
£1075
£834
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.

-
-
-
2 200
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.

-
-
-
41
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.

-
-
-
748
trade
-
-
-
280
total
-
-
-
1 131
Employee

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

346
-
2 200
-
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
-
748
-
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
-
41
-
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
-
851
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 854
2 200
-
-
trade
292
347
-
-
income
278
330
-
-
chamber of commerce
4
5
-
-
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
18
-
-
total
589
700
-
-
Dividends
1 265
1 501
-
-
withholding
313
372
-
-
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.

17
20
-
-
total
330
392
-
-
Income
2 200
2 200
2 200
2 200
Total tax
992
1 092
851
1 131
After tax
1 208
1 108
1 349
1 069
Living cost
274
274
274
274
Free-cash
934
834
1 075
795

Estimated living cost  is £274 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
£701
£869
£994
£742
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
2 200
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.

-
-
-
41
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.

-
-
-
748
trade
-
-
-
293
total
-
-
-
1 144
Employee

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

458
-
2 200
-
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
-
748
-
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
-
41
-
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
-
851
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 742
2 200
-
-
trade
287
362
-
-
income
261
330
-
-
chamber of commerce
4
5
-
-
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
566
715
-
-
Dividends
1 176
1 485
-
-
withholding
291
368
-
-
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
307
388
-
-
Income
2 200
2 200
2 200
2 200
Total tax
976
1 103
851
1 144
After tax
1 224
1 097
1 349
1 056
Living cost
355
355
355
355
Free-cash
869
742
994
701

Estimated living cost  is £355 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
£630
£817
£935
£673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
2 200
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.

-
-
-
41
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.

-
-
-
748
trade
-
-
-
305
total
-
-
-
1 156
Employee

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

543
-
2 200
-
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
-
748
-
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
-
41
-
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
-
851
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 657
2 200
-
-
trade
284
377
-
-
income
249
330
-
-
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
18
-
-
total
551
729
-
-
Dividends
1 107
1 470
-
-
withholding
273
364
-
-
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
20
-
-
total
288
384
-
-
Income
2 200
2 200
2 200
2 200
Total tax
969
1 113
851
1 156
After tax
1 231
1 087
1 349
1 044
Living cost
414
414
414
414
Free-cash
817
673
935
630

Estimated living cost  is £414 per week

£302
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
£830
£1152
£775
£1181
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
-
-
-
2 200
surtax
-
-
-
123
unemployment
-
-
-
2
health
-
-
-
86
pensions
-
-
-
241
income
-
-
-
715
other
-
-
-
-
total
-
-
-
1 167
Employee
304
-
1 946
-
unemployment
21
-
84
-
other
-
-
-
-
income
51
-
661
-
surtax
1
-
112
-
pensions
20
-
80
-
health
8
-
31
-
total
101
-
968
-
Employer
304
-
1 946
-
pensions
41
-
161
-
other
-
-
-
-
health
14
-
55
-
unemployment
10
-
38
-
total
65
-
254
-
Corporate
1 832
2 200
-
-
income
476
572
-
-
total
476
572
-
-
Dividends
1 355
1 628
-
-
withholding
203
244
-
-
total
203
244
-
-
Income
2 200
2 200
2 200
2 200
Total tax
845
816
1 222
1 167
After tax
1 355
1 384
978
1 033
Living cost
203
203
203
203
Free-cash
1 152
1 181
775
830

Estimated living cost  is £203 per week

£123
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
£834
£1156
£779
£1185
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
-
-
-
2 200
surtax
-
-
-
123
unemployment
-
-
-
2
health
-
-
-
86
pensions
-
-
-
241
income
-
-
-
715
other
-
-
-
-
total
-
-
-
1 167
Employee
299
-
1 946
-
unemployment
21
-
84
-
other
-
-
-
-
income
50
-
661
-
surtax
1
-
112
-
pensions
20
-
80
-
health
8
-
31
-
total
100
-
968
-
Employer
299
-
1 946
-
pensions
40
-
161
-
other
-
-
-
-
health
14
-
55
-
unemployment
9
-
38
-
total
63
-
254
-
Corporate
1 838
2 200
-
-
income
478
572
-
-
total
478
572
-
-
Dividends
1 360
1 628
-
-
withholding
204
244
-
-
total
204
244
-
-
Income
2 200
2 200
2 200
2 200
Total tax
845
816
1 222
1 167
After tax
1 355
1 384
978
1 033
Living cost
199
199
199
199
Free-cash
1 156
1 185
779
834

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
£1344
£1058
£1095
£1055
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
-
-
-
2 200
unemployment
-
-
-
33
health
-
-
-
154
pensions
-
-
-
220
income
-
-
-
269
total
-
-
-
676
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.

260
104
1 841
-
unemployment
4
2
28
-
income
32
13
225
-
pensions
26
10
184
-
health
18
7
129
-
total
80
32
566
-
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.

260
104
1 841
-
pensions
51
20
359
-
total
51
20
359
-
Corporate
1 889
2 076
-
-
income
170
187
-
-
total
170
187
-
-
Dividends
1 719
1 889
-
-
withholding
327
359
-
-
social contributions
334
367
-
-
total
661
726
-
-
Income
2 200
2 200
2 200
2 200
Total tax
962
965
925
676
After tax
1 238
1 235
1 275
1 524
Living cost
180
180
180
180
Free-cash
1 058
1 055
1 095
1 344

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
£797
£929
£810
£936
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
-
-
-
2 200
national
-
-
-
432
pensions
-
-
-
264
social contributions
-
-
-
24
municipal
-
-
-
246
total
-
-
-
966
Employee
678
-
1 902
-
municipal
84
-
254
-
national
130
-
451
-
pensions
27
-
76
-
total
241
-
781
-
Employer
678
-
1 902
-
pensions
54
-
152
-
social contributions
7
-
20
-
total
61
-
172
-
Corporate
1 416
2 200
-
-
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%.

283
440
-
-
total
283
440
-
-
Dividends
1 133
1 760
-
-
withholding
249
387
-
-
total
249
387
-
-
Income
2 200
2 200
2 200
2 200
Total tax
834
827
953
966
After tax
1 366
1 373
1 247
1 234
Living cost
437
437
437
437
Free-cash
929
936
810
797

Estimated living cost  is £437 per week

£297
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
£573
£1045
£573
£1025
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
-
-
-
2 200
social contributions
-
-
-
381
income
-
-
-
731
total
-
-
-
1 112
Employee
707
-
2 200
-
social contributions
59
-
381
-
income
133
-
731
-
total
192
-
1 112
-
Employer
707
-
2 200
-
total
-
-
-
-
Corporate
1 493
2 200
-
-
income
187
275
-
-
total
187
275
-
-
Dividends
1 307
1 925
-
-
withholding
261
385
-
-
total
261
385
-
-
Income
2 200
2 200
2 200
2 200
Total tax
640
660
1 112
1 112
After tax
1 560
1 540
1 088
1 088
Living cost
515
515
515
515
Free-cash
1 045
1 025
573
573

Estimated living cost  is £515 per week

£392
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
£690
£746
£613
£793
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
-
-
-
2 200
national
-
-
-
634
regional
-
-
-
29
social contributions
-
-
-
452
municipal
-
-
-
14
total
-
-
-
1 129
Employee
803
-
2 200
-
municipal
4
-
13
-
national
139
-
574
-
social contributions
271
-
593
-
regional
8
-
26
-
total
422
-
1 206
-
Employer
803
-
2 200
-
total
-
-
-
-
Corporate
1 397
2 200
-
-
nationa
335
528
-
-
municipal
54
86
-
-
total
389
614
-
-
Dividends
1 007
1 586
-
-
withholding
262
412
-
-
total
262
412
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 073
1 026
1 206
1 129
After tax
1 127
1 174
994
1 071
Living cost
381
381
381
381
Free-cash
746
793
613
690

Estimated living cost  is £381 per week

£266
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.
£85
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
£822
£893
£744
£914
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
-
-
-
2 200
national
-
-
-
634
regional
-
-
-
35
social contributions
-
-
-
452
municipal
-
-
-
14
total
-
-
-
1 135
Employee
501
-
2 200
-
municipal
3
-
13
-
national
79
-
574
-
social contributions
169
-
593
-
regional
7
-
33
-
total
258
-
1 213
-
Employer
501
-
2 200
-
total
-
-
-
-
Corporate
1 699
2 200
-
-
nationa
408
528
-
-
municipal
84
109
-
-
total
492
637
-
-
Dividends
1 207
1 563
-
-
withholding
314
406
-
-
total
314
406
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 064
1 043
1 213
1 135
After tax
1 136
1 157
987
1 065
Living cost
243
243
243
243
Free-cash
893
914
744
822

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.