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
£ 2300
per

Your estimated
City
free-cash

Andorra , Andorra
£1398
£1768
£1460
£1799
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
-
-
-
2 300
social contributions
-
-
-
506
income
-
-
-
125
total
-
-
-
631
Employee
290
-
1 991
-
social contributions
19
-
129
-
income
-
-
131
-
total
19
-
260
-
Employer
290
-
1 991
-
social contributions
45
-
309
-
total
45
-
309
-
Corporate
1 965
2 300
-
-
income
197
230
-
-
total
197
230
-
-
Dividends
1 769
2 070
-
-
total
-
-
-
-
Income
2 300
2 300
2 300
2 300
Total tax
261
230
569
631
After tax
2 039
2 070
1 731
1 669
Living cost
271
271
271
271
Free-cash
1 768
1 799
1 460
1 398

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
£888
£974
£306
£977
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
-
-
-
2 300
surtax
-
-
-
-
unemployment
-
-
-
55
health
-
-
-
81
chamber of commerce
-
-
-
9
pensions
-
-
-
195
income
-
-
-
784
total
-
-
-
1 124
Employee
394
359
1 933
-
unemployment
12
11
32
-
other
4
4
11
-
income
35
27
671
-
pensions
40
37
108
-
health
15
14
41
-
total
106
93
863
-
Employer
394
359
1 933
-
pensions
49
45
132
-
surtax
-
-
-
-
payroll
12
11
58
-
other
19
17
84
-
health
15
14
40
-
accident
5
5
14
-
unemployment
12
11
32
-
chamber of commerce
2
1
8
-
total
114
104
368
-
Corporate
1 792
1 837
1 898
-
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.

448
459
475
-
total
448
459
475
-
Dividends
1 344
1 378
-
-
withholding
370
379
-
-
total
370
379
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 038
1 035
1 706
1 124
After tax
1 262
1 265
594
1 176
Living cost
288
288
288
288
Free-cash
974
977
306
888

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
£856
£933
£276
£945
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
-
-
-
2 300
surtax
-
-
-
2
unemployment
-
-
-
55
health
-
-
-
81
chamber of commerce
-
-
-
9
pensions
-
-
-
195
income
-
-
-
784
total
-
-
-
1 126
Employee
451
359
1 931
-
unemployment
14
11
32
-
other
5
4
11
-
income
51
27
670
-
pensions
46
37
108
-
health
17
14
41
-
total
133
93
862
-
Employer
451
359
1 931
-
pensions
57
45
132
-
surtax
2
2
2
-
payroll
14
11
58
-
other
21
17
84
-
health
17
14
40
-
accident
6
5
14
-
unemployment
14
11
32
-
chamber of commerce
2
1
8
-
total
133
106
370
-
Corporate
1 718
1 835
1 897
-
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
459
474
-
total
429
459
474
-
Dividends
1 288
1 377
-
-
withholding
354
379
-
-
total
354
379
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 049
1 037
1 706
1 126
After tax
1 251
1 263
594
1 174
Living cost
318
318
318
318
Free-cash
933
945
276
856

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
£672
£822
£439
£918
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
-
-
-
2 300
national
-
-
-
949
communal

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

-
-
-
125
social contributions
-
-
-
225
total
-
-
-
1 299
Employee

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

645
-
1 781
-
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
-
16
-
national
198
-
686
-
communal

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

34
-
93
-
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
-
134
-
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
-
84
-
total
316
-
1 013
-
Employer

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

645
-
1 781
-
surtax
73
-
202
-
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
-
158
-
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
-
110
-
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
-
26
-
total
187
-
519
-
Corporate
1 467
2 300
-
-
income
293
513
-
-
surtax
6
10
-
-
total
299
523
-
-
Dividends
1 168
1 777
-
-
withholding

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

347
530
-
-
total
347
530
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 149
1 053
1 532
1 299
After tax
1 151
1 247
768
1 001
Living cost
329
329
329
329
Free-cash
822
918
439
672

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
£1716
£1758
£1814
£1812
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
-
-
-
2 300
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
-
-
-
345
total
-
-
-
429
Employee
205
-
2 238
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
21
-
224
-
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
-
269
-
Employer
205
-
2 238
-
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
2 054
2 300
-
-
income
205
230
-
-
total
205
230
-
-
Dividends
1 849
2 070
-
-
withholding
92
103
-
-
total
92
103
-
-
Income
2 300
2 300
2 300
2 300
Total tax
387
333
331
429
After tax
1 913
1 967
1 969
1 871
Living cost
155
155
155
155
Free-cash
1 758
1 812
1 814
1 716

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
£1753
£1806
£1851
£1849
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
-
-
-
2 300
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
-
-
-
345
total
-
-
-
429
Employee
157
-
2 238
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
16
-
224
-
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
-
269
-
Employer
157
-
2 238
-
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
2 113
2 300
-
-
income
211
230
-
-
total
211
230
-
-
Dividends
1 901
2 070
-
-
withholding
95
103
-
-
total
95
103
-
-
Income
2 300
2 300
2 300
2 300
Total tax
376
333
331
429
After tax
1 924
1 967
1 969
1 871
Living cost
118
118
118
118
Free-cash
1 806
1 849
1 851
1 753

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
£1327
£1419
£1309
£1465
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
-
-
-
2 300
health
-
-
-
59
social contributions
-
-
-
146
income
-
-
-
559
total
-
-
-
764
Employee
693
693
2 182
-
income
75
64
549
-
social contributions
26
58
78
-
health
5
12
37
-
total
106
134
664
-
Employer
693
693
2 182
-
social contributions
26
58
78
-
health
6
13
40
-
total
32
71
118
-
Corporate
1 952
1 536
-
-
income
244
192
-
-
total
244
192
-
-
Dividends
1 708
1 344
-
-
withholding
290
229
-
-
total
290
229
-
-
Income
2 300
2 300
2 300
2 300
Total tax
672
626
782
764
After tax
1 628
1 674
1 518
1 536
Living cost
209
209
209
209
Free-cash
1 419
1 465
1 309
1 327

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
£1244
£1344
£1226
£1382
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
-
-
-
2 300
health
-
-
-
59
social contributions
-
-
-
146
income
-
-
-
559
total
-
-
-
764
Employee
693
693
2 182
-
income
73
64
549
-
social contributions
34
58
78
-
health
7
12
37
-
total
114
134
664
-
Employer
693
693
2 182
-
social contributions
34
58
78
-
health
8
13
40
-
total
42
71
118
-
Corporate
1 853
1 536
-
-
income
232
192
-
-
total
232
192
-
-
Dividends
1 621
1 344
-
-
withholding
276
229
-
-
total
276
229
-
-
Income
2 300
2 300
2 300
2 300
Total tax
664
626
782
764
After tax
1 636
1 674
1 518
1 536
Living cost
292
292
292
292
Free-cash
1 344
1 382
1 226
1 244

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
£1181
£1299
£1075
£1375
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
-
-
-
2 300
health
-
-
-
311
social contributions
-
-
-
300
income
-
-
-
253
solidarity contribution
-
-
-
46
total
-
-
-
910
Employee
307
-
1 874
-
income
37
-
233
-
social contributions
20
-
67
-
health
41
-
253
-
solidarity contribution
-
-
37
-
total
98
-
590
-
Employer
307
-
1 874
-
social contributions
77
-
257
-
health
28
-
169
-
total
105
-
426
-
Corporate
1 889
2 300
-
-
income
359
437
-
-
total
359
437
-
-
Dividends
1 530
1 863
-
-
withholding
230
279
-
-
total
230
279
-
-
Income
2 300
2 300
2 300
2 300
Total tax
792
716
1 016
910
After tax
1 508
1 584
1 284
1 390
Living cost
209
209
209
209
Free-cash
1 299
1 375
1 075
1 181

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
£1133
£1235
£1027
£1327
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
-
-
-
2 300
health
-
-
-
311
social contributions
-
-
-
300
income
-
-
-
253
solidarity contribution
-
-
-
46
total
-
-
-
910
Employee
378
-
1 874
-
income
45
-
233
-
social contributions
25
-
67
-
health
51
-
253
-
solidarity contribution
-
-
37
-
total
121
-
590
-
Employer
378
-
1 874
-
social contributions
94
-
257
-
health
34
-
169
-
total
128
-
426
-
Corporate
1 794
2 300
-
-
income
341
437
-
-
total
341
437
-
-
Dividends
1 453
1 863
-
-
withholding
218
279
-
-
total
218
279
-
-
Income
2 300
2 300
2 300
2 300
Total tax
808
716
1 016
910
After tax
1 492
1 584
1 284
1 390
Living cost
257
257
257
257
Free-cash
1 235
1 327
1 027
1 133

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
£881
£168
£330
£330
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
-
-
-
2 300
national
-
-
-
293
pensions
-
-
-
8
municipal
-
-
-
500
labour market
-
-
-
183
total
-
-
-
984
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
330
-
-
-
income
73
-
-
-
total
73
-
-
-
Dividends
257
-
-
-
withholding
89
-
-
-
total
89
-
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 697
1 535
1 535
984
After tax
603
765
765
1 316
Living cost
435
435
435
435
Free-cash
168
330
330
881

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
£1015
£1566
£1109
£1622
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
-
-
-
2 300
health
-
-
-
299
pensions
-
-
-
460
income
-
-
-
308
total
-
-
-
1 067
Employee
256
-
1 719
-
unemployment
4
-
27
-
income
29
-
331
-
pensions
5
-
34
-
total
38
-
392
-
Employer
256
-
1 719
-
pensions
51
-
344
-
health
33
-
223
-
unemployment
2
-
14
-
total
86
-
581
-
Corporate
1 958
2 300
-
-
income
392
460
-
-
total
392
460
-
-
Dividends
1 566
1 840
-
-
total
-
-
-
-
Income
2 300
2 300
2 300
2 300
Total tax
516
460
973
1 067
After tax
1 784
1 840
1 327
1 233
Living cost
218
218
218
218
Free-cash
1 566
1 622
1 109
1 015

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
£1034
£1079
£769
£1044
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

-
-
-
2 300
national
-
-
-
480
health
-
-
-
32
municipal
-
-
-
408
total
-
-
-
920
Employee
474
-
1 935
-
unemployment
7
-
29
-
municipal
78
-
315
-
national
8
-
318
-
pensions
32
-
131
-
health
4
-
26
-
total
129
-
819
-
Employer
474
-
1 935
-
pensions
82
-
336
-
health
4
-
15
-
accident
-
-
2
-
unemployment
3
-
13
-
total
89
-
366
-
Corporate
1 736
2 300
-
-
income
347
460
-
-
total
347
460
-
-
Dividends

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

1 042
1 380
-
-
municipal
187
248
-
-
national
123
202
-
-
total
310
450
-
-
Income
2 300
2 300
2 300
2 300
Total tax
875
910
1 185
920
After tax
1 425
1 390
1 115
1 380
Living cost
346
346
346
346
Free-cash
1 079
1 044
769
1 034

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
£958
£931
£871
£881
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
-
-
-
2 300
surtax
-
-
-
-
health
-
-
-
119
pensions
-
-
-
342
social contributions
-
-
-
66
income
-
-
-
466
other
-
-
-
71
total
-
-
-
1 064
Employee
344
-
1 742
-
income
18
-
406
-
surtax
-
-
-
-
social contributions
10
-
50
-
pensions
39
-
137
-
total
67
-
593
-
Employer
344
-
1 742
-
pensions
57
-
227
-
social contributions
1
-
5
-
other
12
-
75
-
health
24
-
180
-
unemployment
14
-
71
-
total
108
-
558
-
Corporate
1 848
2 300
-
-
income
517
644
-
-
surtax
-
-
-
-
total
517
644
-
-
Dividends
1 331
1 656
-
-
withholding
170
212
-
-
social contributions
229
285
-
-
surtax
-
-
-
-
total
399
497
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 091
1 141
1 151
1 064
After tax
1 209
1 159
1 149
1 236
Living cost
278
278
278
278
Free-cash
931
881
871
958

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
£927
£904
£840
£850
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
-
-
-
2 300
surtax
-
-
-
-
health
-
-
-
119
pensions
-
-
-
342
social contributions
-
-
-
66
income
-
-
-
466
other
-
-
-
71
total
-
-
-
1 064
Employee
386
-
1 742
-
income
23
-
406
-
surtax
-
-
-
-
social contributions
11
-
50
-
pensions
44
-
137
-
total
78
-
593
-
Employer
386
-
1 742
-
pensions
63
-
227
-
social contributions
1
-
5
-
other
13
-
75
-
health
27
-
180
-
unemployment
16
-
71
-
total
120
-
558
-
Corporate
1 794
2 300
-
-
income
502
644
-
-
surtax
-
-
-
-
total
502
644
-
-
Dividends
1 291
1 656
-
-
withholding
165
212
-
-
social contributions
222
285
-
-
surtax
-
-
-
-
total
387
497
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 087
1 141
1 151
1 064
After tax
1 213
1 159
1 149
1 236
Living cost
309
309
309
309
Free-cash
904
850
840
927

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
£800
£785
£713
£723
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
-
-
-
2 300
surtax
-
-
-
-
health
-
-
-
119
pensions
-
-
-
342
social contributions
-
-
-
66
income
-
-
-
466
other
-
-
-
71
total
-
-
-
1 064
Employee
565
-
1 742
-
income
49
-
406
-
surtax
-
-
-
-
social contributions
16
-
50
-
pensions
64
-
137
-
total
129
-
593
-
Employer
565
-
1 742
-
pensions
93
-
227
-
social contributions
2
-
5
-
other
19
-
75
-
health
40
-
180
-
unemployment
23
-
71
-
total
177
-
558
-
Corporate
1 559
2 300
-
-
income
436
644
-
-
surtax
-
-
-
-
total
436
644
-
-
Dividends
1 122
1 656
-
-
withholding
144
212
-
-
social contributions
193
285
-
-
surtax
-
-
-
-
total
337
497
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 079
1 141
1 151
1 064
After tax
1 221
1 159
1 149
1 236
Living cost
436
436
436
436
Free-cash
785
723
713
800

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
£2215
£2117
£1782
£2127
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%.

-
-
-
2 300
microenterprise

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

-
-
-
27
total
-
-
-
27
Employee
72
-
2 300
-
income
14
-
460
-
total
14
-
460
-
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%.

2 228
2 300
-
-
total
-
-
-
-
Dividends
2 228
2 300
-
-
withholding
111
115
-
-
total
111
115
-
-
Income
2 300
2 300
2 300
2 300
Total tax
125
115
460
27
After tax
2 175
2 185
1 840
2 273
Living cost
58
58
58
58
Free-cash
2 117
2 127
1 782
2 215

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
£2183
£2078
£1750
£2095
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%.

-
-
-
2 300
microenterprise

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

-
-
-
27
total
-
-
-
27
Employee
113
-
2 300
-
income
23
-
460
-
total
23
-
460
-
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%.

2 187
2 300
-
-
total
-
-
-
-
Dividends
2 187
2 300
-
-
withholding
109
115
-
-
total
109
115
-
-
Income
2 300
2 300
2 300
2 300
Total tax
132
115
460
27
After tax
2 168
2 185
1 840
2 273
Living cost
90
90
90
90
Free-cash
2 078
2 095
1 750
2 183

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
£787
£951
£1057
£834
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
2 300
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.

-
-
-
43
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.

-
-
-
790
trade
-
-
-
270
total
-
-
-
1 165
Employee

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

449
-
2 300
-
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
-
790
-
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
-
43
-
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
-
895
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 851
2 300
-
-
trade
266
330
-
-
income
278
345
-
-
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
563
699
-
-
Dividends
1 289
1 601
-
-
withholding
319
397
-
-
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
22
-
-
total
337
419
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 001
1 118
895
1 165
After tax
1 299
1 182
1 405
1 135
Living cost
348
348
348
348
Free-cash
951
834
1 057
787

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
£836
£985
£1132
£886
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.

-
-
-
2 300
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.

-
-
-
43
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.

-
-
-
790
trade
-
-
-
296
total
-
-
-
1 191
Employee

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

345
-
2 300
-
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
-
790
-
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
-
43
-
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
-
895
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 955
2 300
-
-
trade
308
362
-
-
income
293
345
-
-
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
621
731
-
-
Dividends
1 334
1 569
-
-
withholding
330
389
-
-
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
348
410
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 042
1 141
895
1 191
After tax
1 258
1 159
1 405
1 109
Living cost
273
273
273
273
Free-cash
985
886
1 132
836

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
£742
£920
£1051
£793
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
2 300
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.

-
-
-
43
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.

-
-
-
790
trade
-
-
-
309
total
-
-
-
1 204
Employee

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

457
-
2 300
-
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
-
790
-
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
-
43
-
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
-
895
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 843
2 300
-
-
trade
303
378
-
-
income
276
345
-
-
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
598
747
-
-
Dividends
1 244
1 553
-
-
withholding
308
385
-
-
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
325
406
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 026
1 153
895
1 204
After tax
1 274
1 147
1 405
1 096
Living cost
354
354
354
354
Free-cash
920
793
1 051
742

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
£669
£866
£992
£722
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
2 300
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.

-
-
-
43
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.

-
-
-
790
trade
-
-
-
323
total
-
-
-
1 218
Employee

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

542
-
2 300
-
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
-
790
-
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
-
43
-
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
-
895
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 758
2 300
-
-
trade
302
394
-
-
income
264
345
-
-
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
585
763
-
-
Dividends
1 174
1 537
-
-
withholding
290
381
-
-
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
306
402
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 021
1 165
895
1 218
After tax
1 279
1 135
1 405
1 082
Living cost
413
413
413
413
Free-cash
866
722
992
669

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
£876
£1215
£821
£1244
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
-
-
-
2 300
surtax
-
-
-
132
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
241
income
-
-
-
761
other
-
-
-
-
total
-
-
-
1 221
Employee
304
-
2 047
-
unemployment
21
-
84
-
other
-
-
-
-
income
51
-
707
-
surtax
1
-
121
-
pensions
20
-
80
-
health
8
-
31
-
total
101
-
1 023
-
Employer
304
-
2 047
-
pensions
40
-
160
-
other
-
-
-
-
health
14
-
55
-
unemployment
10
-
38
-
total
64
-
253
-
Corporate
1 932
2 300
-
-
income
502
598
-
-
total
502
598
-
-
Dividends
1 430
1 702
-
-
withholding
215
255
-
-
total
215
255
-
-
Income
2 300
2 300
2 300
2 300
Total tax
882
853
1 276
1 221
After tax
1 418
1 447
1 024
1 079
Living cost
203
203
203
203
Free-cash
1 215
1 244
821
876

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
£880
£1219
£825
£1248
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
-
-
-
2 300
surtax
-
-
-
132
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
241
income
-
-
-
761
other
-
-
-
-
total
-
-
-
1 221
Employee
298
-
2 047
-
unemployment
21
-
84
-
other
-
-
-
-
income
50
-
707
-
surtax
1
-
121
-
pensions
20
-
80
-
health
8
-
31
-
total
100
-
1 023
-
Employer
298
-
2 047
-
pensions
40
-
160
-
other
-
-
-
-
health
14
-
55
-
unemployment
9
-
38
-
total
63
-
253
-
Corporate
1 939
2 300
-
-
income
504
598
-
-
total
504
598
-
-
Dividends
1 435
1 702
-
-
withholding
215
255
-
-
total
215
255
-
-
Income
2 300
2 300
2 300
2 300
Total tax
882
853
1 276
1 221
After tax
1 418
1 447
1 024
1 079
Living cost
199
199
199
199
Free-cash
1 219
1 248
825
880

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
£1414
£1114
£1154
£1111
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
-
-
-
2 300
unemployment
-
-
-
34
health
-
-
-
161
pensions
-
-
-
230
income
-
-
-
281
total
-
-
-
706
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
1 925
-
unemployment
4
2
29
-
income
32
13
235
-
pensions
26
10
192
-
health
18
7
135
-
total
80
32
591
-
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
1 925
-
pensions
51
20
375
-
total
51
20
375
-
Corporate
1 989
2 176
-
-
income
179
196
-
-
total
179
196
-
-
Dividends
1 810
1 980
-
-
withholding
344
376
-
-
social contributions
352
385
-
-
total
696
761
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 006
1 009
966
706
After tax
1 294
1 291
1 334
1 594
Living cost
180
180
180
180
Free-cash
1 114
1 111
1 154
1 414

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
£848
£994
£861
£1000
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
-
-
-
2 300
national
-
-
-
458
pensions
-
-
-
276
social contributions
-
-
-
25
municipal
-
-
-
258
total
-
-
-
1 017
Employee
675
-
1 988
-
municipal
83
-
266
-
national
129
-
478
-
pensions
27
-
80
-
total
239
-
824
-
Employer
675
-
1 988
-
pensions
54
-
159
-
social contributions
7
-
21
-
total
61
-
180
-
Corporate
1 519
2 300
-
-
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%.

304
460
-
-
total
304
460
-
-
Dividends
1 215
1 840
-
-
withholding
267
405
-
-
total
267
405
-
-
Income
2 300
2 300
2 300
2 300
Total tax
871
865
1 004
1 017
After tax
1 429
1 435
1 296
1 283
Living cost
435
435
435
435
Free-cash
994
1 000
861
848

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.
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
£615
£1116
£615
£1095
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
-
-
-
2 300
social contributions
-
-
-
400
income
-
-
-
771
total
-
-
-
1 171
Employee
705
-
2 300
-
social contributions
59
-
400
-
income
133
-
771
-
total
192
-
1 171
-
Employer
705
-
2 300
-
total
-
-
-
-
Corporate
1 595
2 300
-
-
income
199
288
-
-
total
199
288
-
-
Dividends
1 395
2 012
-
-
withholding
279
403
-
-
total
279
403
-
-
Income
2 300
2 300
2 300
2 300
Total tax
670
691
1 171
1 171
After tax
1 630
1 609
1 129
1 129
Living cost
514
514
514
514
Free-cash
1 116
1 095
615
615

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.
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
£745
£799
£667
£846
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
-
-
-
2 300
national
-
-
-
678
regional
-
-
-
30
social contributions
-
-
-
451
municipal
-
-
-
15
total
-
-
-
1 174
Employee
801
-
2 300
-
municipal
4
-
14
-
national
139
-
618
-
social contributions
270
-
592
-
regional
8
-
28
-
total
421
-
1 252
-
Employer
801
-
2 300
-
total
-
-
-
-
Corporate
1 499
2 300
-
-
nationa
360
552
-
-
municipal
58
90
-
-
total
418
642
-
-
Dividends
1 080
1 658
-
-
withholding
281
431
-
-
total
281
431
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 120
1 073
1 252
1 174
After tax
1 180
1 227
1 048
1 126
Living cost
380
380
380
380
Free-cash
799
846
667
745

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
£875
£946
£798
£966
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
-
-
-
2 300
national
-
-
-
678
regional
-
-
-
38
social contributions
-
-
-
451
municipal
-
-
-
15
total
-
-
-
1 182
Employee
500
-
2 300
-
municipal
3
-
14
-
national
79
-
618
-
social contributions
169
-
592
-
regional
7
-
35
-
total
258
-
1 259
-
Employer
500
-
2 300
-
total
-
-
-
-
Corporate
1 800
2 300
-
-
nationa
432
552
-
-
municipal
89
114
-
-
total
521
666
-
-
Dividends
1 278
1 634
-
-
withholding
332
425
-
-
total
332
425
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 111
1 091
1 259
1 182
After tax
1 189
1 209
1 041
1 118
Living cost
243
243
243
243
Free-cash
946
966
798
875

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.