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
£1722
£1397
£1338
£1693
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
-
-
-
120
total
-
-
-
604
Employee
276
-
1 905
-
social contributions
18
-
124
-
income
-
-
126
-
total
18
-
250
-
Employer
276
-
1 905
-
social contributions
43
-
295
-
total
43
-
295
-
Corporate
1 882
2 200
-
-
income
188
220
-
-
total
188
220
-
-
Dividends
1 693
1 980
-
-
total
-
-
-
-
Income
2 200
2 200
2 200
2 200
Total tax
249
220
545
604
After tax
1 951
1 980
1 655
1 596
Living cost
258
258
258
258
Free-cash
1 693
1 722
1 397
1 338

Estimated living cost  is £258 per week

£167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£19
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.
£67
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
£940
£296
£850
£935
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
chamber of commerce
-
-
-
9
unemployment
-
-
-
53
health
-
-
-
77
pensions
-
-
-
185
income
-
-
-
752
surtax
-
-
-
-
total
-
-
-
1 076
Employee
375
342
1 850
-
health
15
13
39
-
pensions
38
35
103
-
other
4
3
10
-
unemployment
11
10
30
-
income
33
25
644
-
total
101
86
826
-
Employer
375
342
1 850
-
pensions
47
43
126
-
accident
5
4
13
-
unemployment
11
10
30
-
surtax
-
-
-
-
payroll
11
10
55
-
chamber of commerce
1
1
7
-
health
14
13
38
-
other
18
16
81
-
total
107
97
350
-
Corporate
1 717
1 760
1 817
-
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.

429
440
454
-
total
429
440
454
-
Dividends
1 288
1 320
-
-
withholding
354
363
-
-
total
354
363
-
-
Income
2 200
2 200
2 200
2 200
Total tax
991
986
1 630
1 076
After tax
1 209
1 214
570
1 124
Living cost
274
274
274
274
Free-cash
935
940
296
850

Estimated living cost  is £274 per week

£164
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.
£77
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
£910
£267
£820
£893
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
chamber of commerce
-
-
-
9
unemployment
-
-
-
53
health
-
-
-
77
pensions
-
-
-
185
income
-
-
-
752
surtax
-
-
-
2
total
-
-
-
1 078
Employee
429
342
1 848
-
health
17
13
39
-
pensions
44
35
103
-
other
4
3
10
-
unemployment
13
10
30
-
income
49
25
643
-
total
127
86
825
-
Employer
429
342
1 848
-
pensions
54
43
126
-
accident
6
4
13
-
unemployment
13
10
30
-
surtax
2
2
2
-
payroll
13
10
55
-
chamber of commerce
2
1
7
-
health
16
13
38
-
other
20
16
81
-
total
126
99
352
-
Corporate
1 646
1 758
1 816
-
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.

412
440
454
-
total
412
440
454
-
Dividends
1 235
1 319
-
-
withholding
340
363
-
-
total
340
363
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 005
988
1 631
1 078
After tax
1 195
1 212
569
1 122
Living cost
302
302
302
302
Free-cash
893
910
267
820

Estimated living cost  is £302 per week

£202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£26
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

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
£880
£423
£645
£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
-
-
-
2 200
social contributions
-
-
-
214
communal

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

-
-
-
119
national
-
-
-
909
total
-
-
-
1 242
Employee

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

614
-
1 704
-
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.

29
-
80
-
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.

46
-
128
-
communal

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

32
-
89
-
national
189
-
656
-
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.

5
-
15
-
total
301
-
968
-
Employer

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

614
-
1 704
-
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
-
surtax
70
-
193
-
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.

38
-
105
-
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.

54
-
151
-
total
179
-
496
-
Corporate
1 408
2 200
-
-
surtax
6
10
-
-
income
282
491
-
-
total
288
501
-
-
Dividends
1 121
1 699
-
-
withholding

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

333
506
-
-
total
333
506
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 101
1 007
1 464
1 242
After tax
1 099
1 193
736
958
Living cost
313
313
313
313
Free-cash
786
880
423
645

Estimated living cost  is £313 per week

£201
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.
£79
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
£1734
£1737
£1644
£1682
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
-
-
-
34
pensions

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

-
-
-
44
income
-
-
-
330
total
-
-
-
409
Employee
195
-
2 141
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
health
9
-
14
-
pensions

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

17
-
26
-
income
20
-
214
-
total
48
-
257
-
Employer
195
-
2 141
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
unemployment
1
-
2
-
health
13
-
21
-
pensions

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

22
-
33
-
total
38
-
59
-
Corporate
1 966
2 200
-
-
income
197
220
-
-
total
197
220
-
-
Dividends
1 770
1 980
-
-
withholding
88
99
-
-
total
88
99
-
-
Income
2 200
2 200
2 200
2 200
Total tax
371
319
316
409
After tax
1 829
1 881
1 884
1 791
Living cost
147
147
147
147
Free-cash
1 682
1 734
1 737
1 644

Estimated living cost  is £147 per week

£98
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.
£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.
£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
Varna , Bulgaria
£1769
£1772
£1679
£1729
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
-
-
-
34
pensions

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

-
-
-
44
income
-
-
-
330
total
-
-
-
409
Employee
149
-
2 141
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
health
7
-
14
-
pensions

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

13
-
26
-
income
15
-
214
-
total
37
-
257
-
Employer
149
-
2 141
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
unemployment
1
-
2
-
health
10
-
21
-
pensions

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

16
-
33
-
total
29
-
59
-
Corporate
2 022
2 200
-
-
income
202
220
-
-
total
202
220
-
-
Dividends
1 820
1 980
-
-
withholding
91
99
-
-
total
91
99
-
-
Income
2 200
2 200
2 200
2 200
Total tax
359
319
316
409
After tax
1 841
1 881
1 884
1 791
Living cost
112
112
112
112
Free-cash
1 729
1 769
1 772
1 679

Estimated living cost  is £112 per week

£66
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.
£36
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
£1404
£1252
£1270
£1356
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
-
-
-
139
health
-
-
-
56
income
-
-
-
536
total
-
-
-
731
Employee
660
660
2 088
-
health
5
11
35
-
social contributions
25
55
74
-
income
72
61
527
-
total
102
127
636
-
Employer
660
660
2 088
-
social contributions
25
55
74
-
health
6
12
39
-
total
31
67
113
-
Corporate
1 869
1 473
-
-
income
234
184
-
-
total
234
184
-
-
Dividends
1 635
1 289
-
-
withholding
278
219
-
-
total
278
219
-
-
Income
2 200
2 200
2 200
2 200
Total tax
645
597
749
731
After tax
1 555
1 603
1 451
1 469
Living cost
199
199
199
199
Free-cash
1 356
1 404
1 252
1 270

Estimated living cost  is £199 per week

£119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£19
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.
£56
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
£1325
£1173
£1191
£1289
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
-
-
-
139
health
-
-
-
56
income
-
-
-
536
total
-
-
-
731
Employee
660
660
2 088
-
health
7
11
35
-
social contributions
32
55
74
-
income
69
61
527
-
total
108
127
636
-
Employer
660
660
2 088
-
social contributions
32
55
74
-
health
7
12
39
-
total
39
67
113
-
Corporate
1 775
1 473
-
-
income
222
184
-
-
total
222
184
-
-
Dividends
1 553
1 289
-
-
withholding
264
219
-
-
total
264
219
-
-
Income
2 200
2 200
2 200
2 200
Total tax
633
597
749
731
After tax
1 567
1 603
1 451
1 469
Living cost
278
278
278
278
Free-cash
1 289
1 325
1 173
1 191

Estimated living cost  is £278 per week

£190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£22
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.
£62
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
£1313
£1024
£1126
£1241
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
-
-
-
290
health
-
-
-
297
solidarity contribution
-
-
-
43
income
-
-
-
242
total
-
-
-
872
Employee
297
-
1 790
-
health
40
-
242
-
social contributions
19
-
65
-
solidarity contribution
-
-
34
-
income
36
-
223
-
total
95
-
564
-
Employer
297
-
1 790
-
social contributions
74
-
249
-
health
27
-
161
-
total
101
-
410
-
Corporate
1 802
2 200
-
-
income
342
418
-
-
total
342
418
-
-
Dividends
1 460
1 782
-
-
withholding
219
267
-
-
total
219
267
-
-
Income
2 200
2 200
2 200
2 200
Total tax
757
685
974
872
After tax
1 443
1 515
1 226
1 328
Living cost
202
202
202
202
Free-cash
1 241
1 313
1 024
1 126

Estimated living cost  is £202 per week

£140
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.
£43
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
£1266
£977
£1079
£1177
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 200
social contributions
-
-
-
290
health
-
-
-
297
solidarity contribution
-
-
-
43
income
-
-
-
242
total
-
-
-
872
Employee
366
-
1 790
-
health
49
-
242
-
social contributions
24
-
65
-
solidarity contribution
-
-
34
-
income
44
-
223
-
total
117
-
564
-
Employer
366
-
1 790
-
social contributions
91
-
249
-
health
33
-
161
-
total
124
-
410
-
Corporate
1 710
2 200
-
-
income
325
418
-
-
total
325
418
-
-
Dividends
1 385
1 782
-
-
withholding
208
267
-
-
total
208
267
-
-
Income
2 200
2 200
2 200
2 200
Total tax
774
685
974
872
After tax
1 426
1 515
1 226
1 328
Living cost
249
249
249
249
Free-cash
1 177
1 266
977
1 079

Estimated living cost  is £249 per week

£185
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.
£46
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
£326
£326
£844
£165
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
labour market
-
-
-
175
municipal
-
-
-
479
pensions
-
-
-
7
national
-
-
-
281
total
-
-
-
942
Employee
1 748
1 748
1 748
-
municipal
372
372
372
-
pensions
2
2
2
-
national
214
214
214
-
labour market
140
140
140
-
total
728
728
728
-
Employer
1 748
1 748
1 748
-
labour market
140
140
140
-
national
214
214
214
-
municipal
373
373
373
-
pensions
5
5
5
-
total
732
732
732
-
Corporate
326
-
-
-
income
72
-
-
-
total
72
-
-
-
Dividends
254
-
-
-
withholding
89
-
-
-
total
89
-
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 621
1 460
1 460
942
After tax
579
740
740
1 258
Living cost
414
414
414
414
Free-cash
165
326
326
844

Estimated living cost  is £414 per week

£283
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.
£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.
£88
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
£1553
£1061
£972
£1499
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
243
-
1 644
-
pensions
5
-
33
-
unemployment
4
-
26
-
income
27
-
317
-
total
36
-
376
-
Employer
243
-
1 644
-
pensions
49
-
329
-
unemployment
2
-
13
-
health
32
-
214
-
total
83
-
556
-
Corporate
1 874
2 200
-
-
income
375
440
-
-
total
375
440
-
-
Dividends
1 500
1 760
-
-
total
-
-
-
-
Income
2 200
2 200
2 200
2 200
Total tax
494
440
932
1 021
After tax
1 706
1 760
1 268
1 179
Living cost
207
207
207
207
Free-cash
1 499
1 553
1 061
972

Estimated living cost  is £207 per week

£142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£12
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.
£49
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
£998
£738
£990
£1035
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
health
-
-
-
30
municipal
-
-
-
391
national
-
-
-
460
total
-
-
-
881
Employee
451
-
1 851
-
health
3
-
25
-
municipal
74
-
301
-
pensions
30
-
125
-
national
7
-
305
-
unemployment
7
-
28
-
total
121
-
784
-
Employer
451
-
1 851
-
accident
-
-
2
-
unemployment
3
-
12
-
health
3
-
14
-
pensions
78
-
321
-
total
84
-
349
-
Corporate
1 664
2 200
-
-
income
333
440
-
-
total
333
440
-
-
Dividends

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

998
1 320
-
-
municipal
180
238
-
-
national
118
195
-
-
total
298
433
-
-
Income
2 200
2 200
2 200
2 200
Total tax
836
873
1 133
881
After tax
1 364
1 327
1 067
1 319
Living cost
329
329
329
329
Free-cash
1 035
998
738
990

Estimated living cost  is £329 per week

£215
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.
£77
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
£845
£836
£915
£893
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
-
-
-
63
health
-
-
-
115
pensions
-
-
-
327
other
-
-
-
68
income
-
-
-
448
surtax
-
-
-
-
total
-
-
-
1 021
Employee
328
-
1 666
-
income
17
-
389
-
social contributions
9
-
47
-
pensions
37
-
131
-
surtax
-
-
-
-
total
63
-
567
-
Employer
328
-
1 666
-
pensions
54
-
218
-
social contributions
1
-
5
-
unemployment
13
-
67
-
health
23
-
172
-
other
11
-
71
-
total
102
-
533
-
Corporate
1 770
2 200
-
-
surtax
-
-
-
-
income
496
616
-
-
total
496
616
-
-
Dividends
1 274
1 584
-
-
surtax
-
-
-
-
withholding
163
203
-
-
social contributions
219
272
-
-
total
382
475
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 043
1 091
1 100
1 021
After tax
1 157
1 109
1 100
1 179
Living cost
264
264
264
264
Free-cash
893
845
836
915

Estimated living cost  is £264 per week

£153
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.
£79
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
£816
£807
£886
£866
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
-
-
-
63
health
-
-
-
115
pensions
-
-
-
327
other
-
-
-
68
income
-
-
-
448
surtax
-
-
-
-
total
-
-
-
1 021
Employee
367
-
1 666
-
income
22
-
389
-
social contributions
10
-
47
-
pensions
42
-
131
-
surtax
-
-
-
-
total
74
-
567
-
Employer
367
-
1 666
-
pensions
60
-
218
-
social contributions
1
-
5
-
unemployment
15
-
67
-
health
26
-
172
-
other
13
-
71
-
total
115
-
533
-
Corporate
1 718
2 200
-
-
surtax
-
-
-
-
income
481
616
-
-
total
481
616
-
-
Dividends
1 237
1 584
-
-
surtax
-
-
-
-
withholding
158
203
-
-
social contributions
213
272
-
-
total
371
475
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 041
1 091
1 100
1 021
After tax
1 159
1 109
1 100
1 179
Living cost
293
293
293
293
Free-cash
866
816
807
886

Estimated living cost  is £293 per week

£185
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.
£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
Paris , France
£695
£686
£765
£752
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
-
-
-
63
health
-
-
-
115
pensions
-
-
-
327
other
-
-
-
68
income
-
-
-
448
surtax
-
-
-
-
total
-
-
-
1 021
Employee
537
-
1 666
-
income
47
-
389
-
social contributions
15
-
47
-
pensions
61
-
131
-
surtax
-
-
-
-
total
123
-
567
-
Employer
537
-
1 666
-
pensions
88
-
218
-
social contributions
2
-
5
-
unemployment
22
-
67
-
health
38
-
172
-
other
19
-
71
-
total
169
-
533
-
Corporate
1 495
2 200
-
-
surtax
-
-
-
-
income
419
616
-
-
total
419
616
-
-
Dividends
1 076
1 584
-
-
surtax
-
-
-
-
withholding
138
203
-
-
social contributions
185
272
-
-
total
323
475
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 034
1 091
1 100
1 021
After tax
1 166
1 109
1 100
1 179
Living cost
414
414
414
414
Free-cash
752
695
686
765

Estimated living cost  is £414 per week

£280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£34
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.
£94
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
£2029
£1699
£2117
£2018
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.

-
-
-
22
total
-
-
-
22
Employee
76
-
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%.

2 124
2 200
-
-
total
-
-
-
-
Dividends
2 124
2 200
-
-
withholding
106
110
-
-
total
106
110
-
-
Income
2 200
2 200
2 200
2 200
Total tax
121
110
440
22
After tax
2 079
2 090
1 760
2 178
Living cost
61
61
61
61
Free-cash
2 018
2 029
1 699
2 117

Estimated living cost  is £61 per week

£38
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
£1996
£1666
£2084
£1978
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.

-
-
-
22
total
-
-
-
22
Employee
118
-
2 200
-
income
24
-
440
-
total
24
-
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%.

2 082
2 200
-
-
total
-
-
-
-
Dividends
2 082
2 200
-
-
withholding
104
110
-
-
total
104
110
-
-
Income
2 200
2 200
2 200
2 200
Total tax
128
110
440
22
After tax
2 072
2 090
1 760
2 178
Living cost
94
94
94
94
Free-cash
1 978
1 996
1 666
2 084

Estimated living cost  is £94 per week

£64
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£4
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£23
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
£799
£1012
£754
£912
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
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.

-
-
-
59
trade
-
-
-
258
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.

-
-
-
756
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.

-
-
-
42
total
-
-
-
1 115
Employee

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

427
-
2 200
-
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.

59
-
59
-
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
-
42
-
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.

35
-
756
-
total
96
-
857
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 773
2 200
-
-
trade
254
316
-
-
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
-
-
chamber of commerce
4
5
-
-
income
266
330
-
-
total
539
669
-
-
Dividends
1 234
1 532
-
-
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
-
-
withholding
305
380
-
-
total
322
401
-
-
Income
2 200
2 200
2 200
2 200
Total tax
957
1 070
857
1 115
After tax
1 243
1 130
1 343
1 085
Living cost
331
331
331
331
Free-cash
912
799
1 012
754

Estimated living cost  is £331 per week

£228
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.
£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.
£62
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
£850
£1083
£799
£943
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
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.

-
-
-
59
trade
-
-
-
284
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.

-
-
-
756
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.

-
-
-
42
total
-
-
-
1 141
Employee

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

328
-
2 200
-
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.

59
-
59
-
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
-
42
-
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.

9
-
756
-
total
69
-
857
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 872
2 200
-
-
trade
295
346
-
-
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
-
-
chamber of commerce
4
4
-
-
income
281
330
-
-
total
595
698
-
-
Dividends
1 277
1 501
-
-
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
-
-
withholding
316
372
-
-
total
333
392
-
-
Income
2 200
2 200
2 200
2 200
Total tax
997
1 090
857
1 141
After tax
1 203
1 110
1 343
1 059
Living cost
260
260
260
260
Free-cash
943
850
1 083
799

Estimated living cost  is £260 per week

£163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£30
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.
£61
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
£761
£1006
£710
£880
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
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.

-
-
-
59
trade
-
-
-
296
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.

-
-
-
756
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.

-
-
-
42
total
-
-
-
1 153
Employee

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

435
-
2 200
-
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.

59
-
59
-
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
-
42
-
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
-
756
-
total
98
-
857
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 765
2 200
-
-
trade
290
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.

15
18
-
-
chamber of commerce
4
4
-
-
income
265
330
-
-
total
574
714
-
-
Dividends
1 192
1 486
-
-
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
-
-
withholding
295
368
-
-
total
311
388
-
-
Income
2 200
2 200
2 200
2 200
Total tax
983
1 102
857
1 153
After tax
1 217
1 098
1 343
1 047
Living cost
337
337
337
337
Free-cash
880
761
1 006
710

Estimated living cost  is £337 per week

£225
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.
£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.
£71
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
£694
£950
£641
£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

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

-
-
-
2 200
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.

-
-
-
59
trade
-
-
-
309
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.

-
-
-
756
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.

-
-
-
42
total
-
-
-
1 166
Employee

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

515
-
2 200
-
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.

59
-
59
-
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
-
42
-
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.

61
-
756
-
total
123
-
857
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 685
2 200
-
-
trade
289
377
-
-
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
-
-
chamber of commerce
4
4
-
-
income
253
330
-
-
total
560
729
-
-
Dividends
1 125
1 470
-
-
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
-
-
withholding
278
364
-
-
total
293
384
-
-
Income
2 200
2 200
2 200
2 200
Total tax
976
1 113
857
1 166
After tax
1 224
1 087
1 343
1 034
Living cost
393
393
393
393
Free-cash
831
694
950
641

Estimated living cost  is £393 per week

£287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£31
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.
£69
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
£1191
£786
£839
£1166
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
-
-
-
2
health
-
-
-
81
pensions
-
-
-
229
other
-
-
-
-
income
-
-
-
729
surtax
-
-
-
127
total
-
-
-
1 168
Employee
289
-
1 959
-
health
7
-
29
-
pensions
19
-
76
-
surtax
1
-
117
-
other
-
-
-
-
unemployment
20
-
80
-
income
48
-
678
-
total
95
-
980
-
Employer
289
-
1 959
-
pensions
38
-
153
-
unemployment
9
-
36
-
health
13
-
52
-
other
-
-
-
-
total
60
-
241
-
Corporate
1 850
2 200
-
-
income
481
572
-
-
total
481
572
-
-
Dividends
1 369
1 628
-
-
withholding
205
244
-
-
total
205
244
-
-
Income
2 200
2 200
2 200
2 200
Total tax
841
816
1 221
1 168
After tax
1 359
1 384
979
1 032
Living cost
193
193
193
193
Free-cash
1 166
1 191
786
839

Estimated living cost  is £193 per week

£116
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£17
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.
£55
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
£1195
£790
£843
£1167
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
-
-
-
2
health
-
-
-
81
pensions
-
-
-
229
other
-
-
-
-
income
-
-
-
729
surtax
-
-
-
127
total
-
-
-
1 168
Employee
284
-
1 959
-
health
7
-
29
-
pensions
19
-
76
-
surtax
1
-
117
-
other
-
-
-
-
unemployment
20
-
80
-
income
48
-
678
-
total
95
-
980
-
Employer
284
-
1 959
-
pensions
38
-
153
-
unemployment
9
-
36
-
health
13
-
52
-
other
-
-
-
-
total
60
-
241
-
Corporate
1 857
2 200
-
-
income
483
572
-
-
total
483
572
-
-
Dividends
1 374
1 628
-
-
withholding
206
244
-
-
total
206
244
-
-
Income
2 200
2 200
2 200
2 200
Total tax
844
816
1 221
1 168
After tax
1 356
1 384
979
1 032
Living cost
189
189
189
189
Free-cash
1 167
1 195
790
843

Estimated living cost  is £189 per week

£116
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£17
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.
£52
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
£1066
£1107
£1356
£1070
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.

243
97
1 841
-
health
17
7
129
-
pensions
24
10
184
-
unemployment
4
1
28
-
income
30
12
225
-
total
75
30
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.

243
97
1 841
-
pensions
47
19
359
-
total
47
19
359
-
Corporate
1 910
2 084
-
-
income
172
188
-
-
total
172
188
-
-
Dividends
1 738
1 897
-
-
withholding
330
360
-
-
social contributions
338
369
-
-
total
668
729
-
-
Income
2 200
2 200
2 200
2 200
Total tax
962
966
925
676
After tax
1 238
1 234
1 275
1 524
Living cost
168
168
168
168
Free-cash
1 070
1 066
1 107
1 356

Estimated living cost  is £168 per week

£115
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.
£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.
£36
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
£940
£813
£800
£932
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
-
-
-
24
municipal
-
-
-
246
pensions
-
-
-
264
national
-
-
-
433
total
-
-
-
967
Employee
671
-
1 902
-
municipal
83
-
254
-
pensions
27
-
76
-
national
128
-
452
-
total
238
-
782
-
Employer
671
-
1 902
-
social contributions
7
-
20
-
pensions
54
-
152
-
total
61
-
172
-
Corporate
1 424
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%.

285
440
-
-
total
285
440
-
-
Dividends
1 139
1 760
-
-
withholding
251
387
-
-
total
251
387
-
-
Income
2 200
2 200
2 200
2 200
Total tax
835
827
954
967
After tax
1 365
1 373
1 246
1 233
Living cost
433
433
433
433
Free-cash
932
940
813
800

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
£1051
£590
£590
£1069
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
-
-
-
383
income
-
-
-
738
total
-
-
-
1 121
Employee
671
-
2 200
-
social contributions
56
-
383
-
income
127
-
738
-
total
183
-
1 121
-
Employer
671
-
2 200
-
total
-
-
-
-
Corporate
1 529
2 200
-
-
income
191
275
-
-
total
191
275
-
-
Dividends
1 338
1 925
-
-
withholding
268
385
-
-
total
268
385
-
-
Income
2 200
2 200
2 200
2 200
Total tax
642
660
1 121
1 121
After tax
1 558
1 540
1 079
1 079
Living cost
489
489
489
489
Free-cash
1 069
1 051
590
590

Estimated living cost  is £489 per week

£372
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.
£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.
£72
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
£812
£642
£716
£767
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
regional
-
-
-
29
social contributions
-
-
-
429
municipal
-
-
-
14
national
-
-
-
650
total
-
-
-
1 122
Employee
762
-
2 200
-
regional
7
-
27
-
municipal
4
-
13
-
social contributions
257
-
563
-
national
132
-
593
-
total
400
-
1 196
-
Employer
762
-
2 200
-
total
-
-
-
-
Corporate
1 438
2 200
-
-
nationa
345
528
-
-
municipal
56
86
-
-
total
401
614
-
-
Dividends
1 037
1 586
-
-
withholding
270
412
-
-
total
270
412
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 071
1 026
1 196
1 122
After tax
1 129
1 174
1 004
1 078
Living cost
362
362
362
362
Free-cash
767
812
642
716

Estimated living cost  is £362 per week

£252
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.
£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.
£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
Naples , Italy
£926
£767
£840
£907
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
regional
-
-
-
36
social contributions
-
-
-
429
municipal
-
-
-
14
national
-
-
-
650
total
-
-
-
1 129
Employee
476
-
2 200
-
regional
6
-
33
-
municipal
3
-
13
-
social contributions
160
-
563
-
national
75
-
593
-
total
244
-
1 202
-
Employer
476
-
2 200
-
total
-
-
-
-
Corporate
1 724
2 200
-
-
nationa
414
528
-
-
municipal
86
109
-
-
total
500
637
-
-
Dividends
1 225
1 563
-
-
withholding
318
406
-
-
total
318
406
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 062
1 043
1 202
1 129
After tax
1 138
1 157
998
1 071
Living cost
231
231
231
231
Free-cash
907
926
767
840

Estimated living cost  is £231 per week

£144
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.
£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.
£60
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.