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
£ 2250
per

Your estimated
City
free-cash

Andorra , Andorra
£1363
£1723
£1423
£1754
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
-
-
-
2 250
social contributions
-
-
-
495
income
-
-
-
121
total
-
-
-
616
Employee
290
-
1 948
-
social contributions
19
-
127
-
income
-
-
127
-
total
19
-
254
-
Employer
290
-
1 948
-
social contributions
45
-
302
-
total
45
-
302
-
Corporate
1 915
2 250
-
-
income
192
225
-
-
total
192
225
-
-
Dividends
1 724
2 025
-
-
total
-
-
-
-
Income
2 250
2 250
2 250
2 250
Total tax
256
225
556
616
After tax
1 994
2 025
1 694
1 634
Living cost
271
271
271
271
Free-cash
1 723
1 754
1 423
1 363

Estimated living cost  is £271 per week

£175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£70
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Graz , Austria
£863
£947
£295
£949
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
-
-
-
2 250
surtax
-
-
-
-
unemployment
-
-
-
55
health
-
-
-
81
chamber of commerce
-
-
-
9
pensions
-
-
-
195
income
-
-
-
759
total
-
-
-
1 099
Employee
394
359
1 886
-
unemployment
12
11
32
-
other
4
4
11
-
income
35
27
647
-
pensions
40
37
108
-
health
15
14
41
-
total
106
93
839
-
Employer
394
359
1 886
-
pensions
49
45
132
-
surtax
-
-
-
-
payroll
12
11
57
-
other
19
17
82
-
health
15
14
40
-
accident
5
5
14
-
unemployment
12
11
32
-
chamber of commerce
2
1
8
-
total
114
104
365
-
Corporate
1 742
1 787
1 852
-
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.

436
447
463
-
total
436
447
463
-
Dividends
1 307
1 340
-
-
withholding
359
369
-
-
total
359
369
-
-
Income
2 250
2 250
2 250
2 250
Total tax
1 015
1 013
1 667
1 099
After tax
1 235
1 237
583
1 151
Living cost
288
288
288
288
Free-cash
947
949
295
863

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
£831
£905
£263
£919
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
-
-
-
2 250
surtax
-
-
-
2
unemployment
-
-
-
55
health
-
-
-
81
chamber of commerce
-
-
-
9
pensions
-
-
-
195
income
-
-
-
759
total
-
-
-
1 101
Employee
451
359
1 884
-
unemployment
14
11
32
-
other
5
4
11
-
income
51
27
647
-
pensions
46
37
108
-
health
17
14
41
-
total
133
93
839
-
Employer
451
359
1 884
-
pensions
57
45
132
-
surtax
2
2
2
-
payroll
14
11
57
-
other
21
17
82
-
health
17
14
40
-
accident
6
5
14
-
unemployment
14
11
32
-
chamber of commerce
2
1
8
-
total
133
106
367
-
Corporate
1 668
1 785
1 850
-
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.

417
446
463
-
total
417
446
463
-
Dividends
1 251
1 339
-
-
withholding
344
368
-
-
total
344
368
-
-
Income
2 250
2 250
2 250
2 250
Total tax
1 027
1 013
1 669
1 101
After tax
1 223
1 237
581
1 149
Living cost
318
318
318
318
Free-cash
905
919
263
831

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.
£73
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Brussels , Belgium
£650
£794
£426
£894
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
-
-
-
2 250
national
-
-
-
924
communal

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

-
-
-
122
social contributions
-
-
-
225
total
-
-
-
1 271
Employee

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

645
-
1 743
-
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
198
-
669
-
communal

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

34
-
91
-
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
-
131
-
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
-
82
-
total
316
-
988
-
Employer

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

645
-
1 743
-
surtax
73
-
198
-
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
-
154
-
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
-
107
-
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
-
23
-
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
-
507
-
Corporate
1 417
2 250
-
-
income
283
498
-
-
surtax
6
10
-
-
total
289
508
-
-
Dividends
1 128
1 742
-
-
withholding

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

335
519
-
-
total
335
519
-
-
Income
2 250
2 250
2 250
2 250
Total tax
1 127
1 027
1 495
1 271
After tax
1 123
1 223
755
979
Living cost
329
329
329
329
Free-cash
794
894
426
650

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
£1673
£1715
£1769
£1769
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
-
-
-
2 250
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
-
-
-
338
total
-
-
-
422
Employee
205
-
2 188
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
21
-
219
-
pensions

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

18
-
28
-
health
9
-
14
-
total
50
-
264
-
Employer
205
-
2 188
-
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
2 004
2 250
-
-
income
200
225
-
-
total
200
225
-
-
Dividends
1 804
2 025
-
-
withholding
90
101
-
-
total
90
101
-
-
Income
2 250
2 250
2 250
2 250
Total tax
380
326
326
422
After tax
1 870
1 924
1 924
1 828
Living cost
155
155
155
155
Free-cash
1 715
1 769
1 769
1 673

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
£1710
£1763
£1806
£1806
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
-
-
-
2 250
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
-
-
-
338
total
-
-
-
422
Employee
157
-
2 188
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
16
-
219
-
pensions

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

14
-
28
-
health
7
-
14
-
total
39
-
264
-
Employer
157
-
2 188
-
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
2 063
2 250
-
-
income
206
225
-
-
total
206
225
-
-
Dividends
1 856
2 025
-
-
withholding
93
101
-
-
total
93
101
-
-
Income
2 250
2 250
2 250
2 250
Total tax
369
326
326
422
After tax
1 881
1 924
1 924
1 828
Living cost
118
118
118
118
Free-cash
1 763
1 806
1 806
1 710

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
£1296
£1382
£1278
£1429
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
-
-
-
2 250
health
-
-
-
57
social contributions
-
-
-
146
income
-
-
-
542
total
-
-
-
745
Employee
693
693
2 133
-
income
75
64
532
-
social contributions
26
58
78
-
health
5
12
36
-
total
106
134
646
-
Employer
693
693
2 133
-
social contributions
26
58
78
-
health
6
13
39
-
total
32
71
117
-
Corporate
1 902
1 486
-
-
income
238
186
-
-
total
238
186
-
-
Dividends
1 664
1 300
-
-
withholding
283
221
-
-
total
283
221
-
-
Income
2 250
2 250
2 250
2 250
Total tax
659
612
763
745
After tax
1 591
1 638
1 487
1 505
Living cost
209
209
209
209
Free-cash
1 382
1 429
1 278
1 296

Estimated living cost  is £209 per week

£125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£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
£1213
£1309
£1195
£1346
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
-
-
-
2 250
health
-
-
-
57
social contributions
-
-
-
146
income
-
-
-
542
total
-
-
-
745
Employee
693
693
2 133
-
income
73
64
532
-
social contributions
34
58
78
-
health
7
12
36
-
total
114
134
646
-
Employer
693
693
2 133
-
social contributions
34
58
78
-
health
8
13
39
-
total
42
71
117
-
Corporate
1 803
1 486
-
-
income
225
186
-
-
total
225
186
-
-
Dividends
1 578
1 300
-
-
withholding
268
221
-
-
total
268
221
-
-
Income
2 250
2 250
2 250
2 250
Total tax
649
612
763
745
After tax
1 601
1 638
1 487
1 505
Living cost
292
292
292
292
Free-cash
1 309
1 346
1 195
1 213

Estimated living cost  is £292 per week

£200
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£23
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£65
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Brno , Czech Republic
£1147
£1266
£1044
£1341
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
-
-
-
2 250
health
-
-
-
304
social contributions
-
-
-
300
income
-
-
-
247
solidarity contribution
-
-
-
43
total
-
-
-
894
Employee
307
-
1 828
-
income
37
-
227
-
social contributions
20
-
67
-
health
41
-
247
-
solidarity contribution
-
-
34
-
total
98
-
575
-
Employer
307
-
1 828
-
social contributions
77
-
257
-
health
28
-
165
-
total
105
-
422
-
Corporate
1 839
2 250
-
-
income
349
427
-
-
total
349
427
-
-
Dividends
1 490
1 823
-
-
withholding
223
273
-
-
total
223
273
-
-
Income
2 250
2 250
2 250
2 250
Total tax
775
700
997
894
After tax
1 475
1 550
1 253
1 356
Living cost
209
209
209
209
Free-cash
1 266
1 341
1 044
1 147

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
£1099
£1201
£996
£1293
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
-
-
-
2 250
health
-
-
-
304
social contributions
-
-
-
300
income
-
-
-
247
solidarity contribution
-
-
-
43
total
-
-
-
894
Employee
378
-
1 828
-
income
45
-
227
-
social contributions
25
-
67
-
health
51
-
247
-
solidarity contribution
-
-
34
-
total
121
-
575
-
Employer
378
-
1 828
-
social contributions
94
-
257
-
health
34
-
165
-
total
128
-
422
-
Corporate
1 744
2 250
-
-
income
331
427
-
-
total
331
427
-
-
Dividends
1 412
1 823
-
-
withholding
212
273
-
-
total
212
273
-
-
Income
2 250
2 250
2 250
2 250
Total tax
792
700
997
894
After tax
1 458
1 550
1 253
1 356
Living cost
257
257
257
257
Free-cash
1 201
1 293
996
1 099

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
£854
£145
£280
£280
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
-
-
-
2 250
national
-
-
-
286
pensions
-
-
-
8
municipal
-
-
-
488
labour market
-
-
-
179
total
-
-
-
961
Employee
1 838
1 838
1 838
-
municipal
391
391
391
-
national
225
225
225
-
pensions
3
3
3
-
labour market
147
147
147
-
total
766
766
766
-
Employer
1 838
1 838
1 838
-
pensions
5
5
5
-
labour market
147
147
147
-
municipal
392
392
392
-
national
225
225
225
-
total
769
769
769
-
Corporate
280
-
-
-
income
62
-
-
-
total
62
-
-
-
Dividends
218
-
-
-
withholding
73
-
-
-
total
73
-
-
-
Income
2 250
2 250
2 250
2 250
Total tax
1 670
1 535
1 535
961
After tax
580
715
715
1 289
Living cost
435
435
435
435
Free-cash
145
280
280
854

Estimated living cost  is £435 per week

£298
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£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
£987
£1526
£1079
£1582
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
-
-
-
2 250
health
-
-
-
293
pensions
-
-
-
450
income
-
-
-
302
total
-
-
-
1 045
Employee
256
-
1 682
-
unemployment
4
-
27
-
income
29
-
324
-
pensions
5
-
34
-
total
38
-
385
-
Employer
256
-
1 682
-
pensions
51
-
336
-
health
33
-
219
-
unemployment
2
-
13
-
total
86
-
568
-
Corporate
1 908
2 250
-
-
income
382
450
-
-
total
382
450
-
-
Dividends
1 526
1 800
-
-
total
-
-
-
-
Income
2 250
2 250
2 250
2 250
Total tax
506
450
953
1 045
After tax
1 744
1 800
1 297
1 205
Living cost
218
218
218
218
Free-cash
1 526
1 582
1 079
987

Estimated living cost  is £218 per week

£149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£13
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£51
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Helsinki , Finland
£1009
£1051
£752
£1018
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
2 250
national
-
-
-
465
health
-
-
-
31
municipal
-
-
-
399
total
-
-
-
895
Employee
474
-
1 893
-
unemployment
7
-
28
-
municipal
78
-
308
-
national
8
-
306
-
pensions
32
-
128
-
health
4
-
25
-
total
129
-
795
-
Employer
474
-
1 893
-
pensions
82
-
328
-
health
4
-
15
-
accident
-
-
2
-
unemployment
3
-
12
-
total
89
-
357
-
Corporate
1 686
2 250
-
-
income
337
450
-
-
total
337
450
-
-
Dividends

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

1 012
1 350
-
-
municipal
182
243
-
-
national
116
193
-
-
total
298
436
-
-
Income
2 250
2 250
2 250
2 250
Total tax
853
886
1 152
895
After tax
1 397
1 364
1 098
1 355
Living cost
346
346
346
346
Free-cash
1 051
1 018
752
1 009

Estimated living cost  is £346 per week

£226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£33
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£81
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Marseille , France
£934
£905
£854
£856
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
-
-
-
2 250
surtax
-
-
-
-
health
-
-
-
116
pensions
-
-
-
338
social contributions
-
-
-
64
income
-
-
-
450
other
-
-
-
70
total
-
-
-
1 038
Employee
344
-
1 707
-
income
18
-
393
-
surtax
-
-
-
-
social contributions
10
-
49
-
pensions
39
-
133
-
total
67
-
575
-
Employer
344
-
1 707
-
pensions
57
-
221
-
social contributions
1
-
5
-
other
12
-
73
-
health
24
-
175
-
unemployment
14
-
69
-
total
108
-
543
-
Corporate
1 798
2 250
-
-
income
503
630
-
-
surtax
-
-
-
-
total
503
630
-
-
Dividends
1 295
1 620
-
-
withholding
166
207
-
-
social contributions
223
279
-
-
surtax
-
-
-
-
total
389
486
-
-
Income
2 250
2 250
2 250
2 250
Total tax
1 067
1 116
1 118
1 038
After tax
1 183
1 134
1 132
1 212
Living cost
278
278
278
278
Free-cash
905
856
854
934

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
£903
£878
£823
£825
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 250
surtax
-
-
-
-
health
-
-
-
116
pensions
-
-
-
338
social contributions
-
-
-
64
income
-
-
-
450
other
-
-
-
70
total
-
-
-
1 038
Employee
386
-
1 707
-
income
23
-
393
-
surtax
-
-
-
-
social contributions
11
-
49
-
pensions
44
-
133
-
total
78
-
575
-
Employer
386
-
1 707
-
pensions
63
-
221
-
social contributions
1
-
5
-
other
13
-
73
-
health
27
-
175
-
unemployment
16
-
69
-
total
120
-
543
-
Corporate
1 744
2 250
-
-
income
488
630
-
-
surtax
-
-
-
-
total
488
630
-
-
Dividends
1 255
1 620
-
-
withholding
161
207
-
-
social contributions
216
279
-
-
surtax
-
-
-
-
total
377
486
-
-
Income
2 250
2 250
2 250
2 250
Total tax
1 063
1 116
1 118
1 038
After tax
1 187
1 134
1 132
1 212
Living cost
309
309
309
309
Free-cash
878
825
823
903

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
£776
£760
£696
£698
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 250
surtax
-
-
-
-
health
-
-
-
116
pensions
-
-
-
338
social contributions
-
-
-
64
income
-
-
-
450
other
-
-
-
70
total
-
-
-
1 038
Employee
565
-
1 707
-
income
49
-
393
-
surtax
-
-
-
-
social contributions
16
-
49
-
pensions
64
-
133
-
total
129
-
575
-
Employer
565
-
1 707
-
pensions
93
-
221
-
social contributions
2
-
5
-
other
19
-
73
-
health
40
-
175
-
unemployment
23
-
69
-
total
177
-
543
-
Corporate
1 509
2 250
-
-
income
422
630
-
-
surtax
-
-
-
-
total
422
630
-
-
Dividends
1 086
1 620
-
-
withholding
139
207
-
-
social contributions
187
279
-
-
surtax
-
-
-
-
total
326
486
-
-
Income
2 250
2 250
2 250
2 250
Total tax
1 054
1 116
1 118
1 038
After tax
1 196
1 134
1 132
1 212
Living cost
436
436
436
436
Free-cash
760
698
696
776

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
£2167
£2069
£1742
£2080
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%.

-
-
-
2 250
microenterprise

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

-
-
-
25
total
-
-
-
25
Employee
72
-
2 250
-
income
14
-
450
-
total
14
-
450
-
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%.

2 178
2 250
-
-
total
-
-
-
-
Dividends
2 178
2 250
-
-
withholding
109
112
-
-
total
109
112
-
-
Income
2 250
2 250
2 250
2 250
Total tax
123
112
450
25
After tax
2 127
2 138
1 800
2 225
Living cost
58
58
58
58
Free-cash
2 069
2 080
1 742
2 167

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
£2135
£2030
£1710
£2048
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%.

-
-
-
2 250
microenterprise

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

-
-
-
25
total
-
-
-
25
Employee
113
-
2 250
-
income
23
-
450
-
total
23
-
450
-
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%.

2 137
2 250
-
-
total
-
-
-
-
Dividends
2 137
2 250
-
-
withholding
107
112
-
-
total
107
112
-
-
Income
2 250
2 250
2 250
2 250
Total tax
130
112
450
25
After tax
2 120
2 138
1 800
2 225
Living cost
90
90
90
90
Free-cash
2 030
2 048
1 710
2 135

Estimated living cost  is £90 per week

£61
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£4
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£22
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
£766
£927
£1029
£808
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.

-
-
-
2 250
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
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.

-
-
-
769
trade
-
-
-
263
total
-
-
-
1 136
Employee

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

449
-
2 250
-
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
-
769
-
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
-
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
-
873
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 801
2 250
-
-
trade
258
323
-
-
income
270
338
-
-
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
19
-
-
total
547
685
-
-
Dividends
1 254
1 566
-
-
withholding
310
388
-
-
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
327
409
-
-
Income
2 250
2 250
2 250
2 250
Total tax
975
1 094
873
1 136
After tax
1 275
1 156
1 377
1 114
Living cost
348
348
348
348
Free-cash
927
808
1 029
766

Estimated living cost  is £348 per week

£240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£37
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£65
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Dresden , Germany
£816
£959
£1104
£860
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.

-
-
-
2 250
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
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.

-
-
-
769
trade
-
-
-
288
total
-
-
-
1 161
Employee

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

345
-
2 250
-
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
-
769
-
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
-
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
-
873
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 905
2 250
-
-
trade
300
354
-
-
income
286
338
-
-
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.

16
19
-
-
total
606
716
-
-
Dividends
1 299
1 535
-
-
withholding
321
380
-
-
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.

18
21
-
-
total
339
401
-
-
Income
2 250
2 250
2 250
2 250
Total tax
1 018
1 117
873
1 161
After tax
1 232
1 133
1 377
1 089
Living cost
273
273
273
273
Free-cash
959
860
1 104
816

Estimated living cost  is £273 per week

£172
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£32
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Hamburg , Germany
£722
£895
£1023
£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

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

-
-
-
2 250
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
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.

-
-
-
769
trade
-
-
-
301
total
-
-
-
1 174
Employee

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

457
-
2 250
-
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
-
769
-
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
-
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
-
873
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 793
2 250
-
-
trade
295
370
-
-
income
269
338
-
-
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
19
-
-
total
583
732
-
-
Dividends
1 210
1 519
-
-
withholding
299
376
-
-
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
21
-
-
total
315
397
-
-
Income
2 250
2 250
2 250
2 250
Total tax
1 001
1 129
873
1 174
After tax
1 249
1 121
1 377
1 076
Living cost
354
354
354
354
Free-cash
895
767
1 023
722

Estimated living cost  is £354 per week

£237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£37
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£75
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Munich , Germany
£650
£842
£964
£697
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
2 250
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
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.

-
-
-
769
trade
-
-
-
314
total
-
-
-
1 187
Employee

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

542
-
2 250
-
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
-
769
-
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
-
42
-
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
-
873
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 708
2 250
-
-
trade
293
386
-
-
income
256
338
-
-
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
19
-
-
total
567
748
-
-
Dividends
1 141
1 504
-
-
withholding
282
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.

16
20
-
-
total
298
392
-
-
Income
2 250
2 250
2 250
2 250
Total tax
995
1 140
873
1 187
After tax
1 255
1 110
1 377
1 063
Living cost
413
413
413
413
Free-cash
842
697
964
650

Estimated living cost  is £413 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
£853
£1184
£798
£1212
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
-
-
-
2 250
surtax
-
-
-
128
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
241
income
-
-
-
738
other
-
-
-
-
total
-
-
-
1 194
Employee
304
-
1 997
-
unemployment
21
-
84
-
other
-
-
-
-
income
51
-
684
-
surtax
1
-
117
-
pensions
20
-
80
-
health
8
-
31
-
total
101
-
996
-
Employer
304
-
1 997
-
pensions
40
-
160
-
other
-
-
-
-
health
14
-
55
-
unemployment
10
-
38
-
total
64
-
253
-
Corporate
1 882
2 250
-
-
income
489
585
-
-
total
489
585
-
-
Dividends
1 393
1 665
-
-
withholding
209
250
-
-
total
209
250
-
-
Income
2 250
2 250
2 250
2 250
Total tax
863
835
1 249
1 194
After tax
1 387
1 415
1 001
1 056
Living cost
203
203
203
203
Free-cash
1 184
1 212
798
853

Estimated living cost  is £203 per week

£122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Thessaloniki , Greece
£857
£1187
£802
£1216
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
-
-
-
2 250
surtax
-
-
-
128
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
241
income
-
-
-
738
other
-
-
-
-
total
-
-
-
1 194
Employee
298
-
1 997
-
unemployment
21
-
84
-
other
-
-
-
-
income
50
-
684
-
surtax
1
-
117
-
pensions
20
-
80
-
health
8
-
31
-
total
100
-
996
-
Employer
298
-
1 997
-
pensions
40
-
160
-
other
-
-
-
-
health
14
-
55
-
unemployment
9
-
38
-
total
63
-
253
-
Corporate
1 889
2 250
-
-
income
491
585
-
-
total
491
585
-
-
Dividends
1 398
1 665
-
-
withholding
210
250
-
-
total
210
250
-
-
Income
2 250
2 250
2 250
2 250
Total tax
864
835
1 249
1 194
After tax
1 386
1 415
1 001
1 056
Living cost
199
199
199
199
Free-cash
1 187
1 216
802
857

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
£1379
£1086
£1125
£1083
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
-
-
-
2 250
unemployment
-
-
-
34
health
-
-
-
157
pensions
-
-
-
225
income
-
-
-
275
total
-
-
-
691
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
1 883
-
unemployment
4
2
28
-
income
32
13
230
-
pensions
26
10
188
-
health
18
7
132
-
total
80
32
578
-
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
1 883
-
pensions
51
20
367
-
total
51
20
367
-
Corporate
1 939
2 126
-
-
income
175
191
-
-
total
175
191
-
-
Dividends
1 764
1 935
-
-
withholding
335
368
-
-
social contributions
343
376
-
-
total
678
744
-
-
Income
2 250
2 250
2 250
2 250
Total tax
984
987
945
691
After tax
1 266
1 263
1 305
1 559
Living cost
180
180
180
180
Free-cash
1 086
1 083
1 125
1 379

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
£824
£962
£836
£969
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
-
-
-
2 250
national
-
-
-
445
pensions
-
-
-
270
social contributions
-
-
-
24
municipal
-
-
-
252
total
-
-
-
991
Employee
675
-
1 945
-
municipal
83
-
260
-
national
129
-
464
-
pensions
27
-
78
-
total
239
-
802
-
Employer
675
-
1 945
-
pensions
54
-
156
-
social contributions
7
-
21
-
total
61
-
177
-
Corporate
1 469
2 250
-
-
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%.

294
450
-
-
total
294
450
-
-
Dividends
1 175
1 800
-
-
withholding
259
396
-
-
total
259
396
-
-
Income
2 250
2 250
2 250
2 250
Total tax
853
846
979
991
After tax
1 397
1 404
1 271
1 259
Living cost
435
435
435
435
Free-cash
962
969
836
824

Estimated living cost  is £435 per week

£296
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.
£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.
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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
£594
£1081
£594
£1061
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
-
-
-
2 250
social contributions
-
-
-
391
income
-
-
-
751
total
-
-
-
1 142
Employee
705
-
2 250
-
social contributions
59
-
391
-
income
133
-
751
-
total
192
-
1 142
-
Employer
705
-
2 250
-
total
-
-
-
-
Corporate
1 545
2 250
-
-
income
193
281
-
-
total
193
281
-
-
Dividends
1 352
1 969
-
-
withholding
270
394
-
-
total
270
394
-
-
Income
2 250
2 250
2 250
2 250
Total tax
655
675
1 142
1 142
After tax
1 595
1 575
1 108
1 108
Living cost
514
514
514
514
Free-cash
1 081
1 061
594
594

Estimated living cost  is £514 per week

£391
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.
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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
£718
£772
£642
£820
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
-
-
-
2 250
national
-
-
-
657
regional
-
-
-
30
social contributions
-
-
-
451
municipal
-
-
-
14
total
-
-
-
1 152
Employee
801
-
2 250
-
municipal
4
-
13
-
national
139
-
596
-
social contributions
270
-
592
-
regional
8
-
27
-
total
421
-
1 228
-
Employer
801
-
2 250
-
total
-
-
-
-
Corporate
1 449
2 250
-
-
nationa
348
540
-
-
municipal
56
88
-
-
total
404
628
-
-
Dividends
1 044
1 622
-
-
withholding
272
422
-
-
total
272
422
-
-
Income
2 250
2 250
2 250
2 250
Total tax
1 097
1 050
1 228
1 152
After tax
1 153
1 200
1 022
1 098
Living cost
380
380
380
380
Free-cash
772
820
642
718

Estimated living cost  is £380 per week

£265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£84
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Naples , Italy
£848
£919
£772
£939
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 250
national
-
-
-
657
regional
-
-
-
37
social contributions
-
-
-
451
municipal
-
-
-
14
total
-
-
-
1 159
Employee
500
-
2 250
-
municipal
3
-
13
-
national
79
-
596
-
social contributions
169
-
592
-
regional
7
-
34
-
total
258
-
1 235
-
Employer
500
-
2 250
-
total
-
-
-
-
Corporate
1 750
2 250
-
-
nationa
420
540
-
-
municipal
87
112
-
-
total
507
652
-
-
Dividends
1 243
1 598
-
-
withholding
323
416
-
-
total
323
416
-
-
Income
2 250
2 250
2 250
2 250
Total tax
1 088
1 068
1 235
1 159
After tax
1 162
1 182
1 015
1 091
Living cost
243
243
243
243
Free-cash
919
939
772
848

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