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
£ 2350
per

Your estimated
City
free-cash

Andorra , Andorra
£1433
£1813
£1496
£1844
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
-
-
-
2 350
social contributions
-
-
-
517
income
-
-
-
129
total
-
-
-
646
Employee
290
-
2 035
-
social contributions
19
-
132
-
income
-
-
136
-
total
19
-
268
-
Employer
290
-
2 035
-
social contributions
45
-
315
-
total
45
-
315
-
Corporate
2 015
2 350
-
-
income
202
235
-
-
total
202
235
-
-
Dividends
1 814
2 115
-
-
total
-
-
-
-
Income
2 350
2 350
2 350
2 350
Total tax
266
235
583
646
After tax
2 084
2 115
1 767
1 704
Living cost
271
271
271
271
Free-cash
1 813
1 844
1 496
1 433

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
£913
£1002
£320
£1006
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
-
-
-
2 350
surtax
-
-
-
-
unemployment
-
-
-
55
health
-
-
-
81
chamber of commerce
-
-
-
9
pensions
-
-
-
195
income
-
-
-
810
total
-
-
-
1 150
Employee
394
359
1 979
-
unemployment
12
11
32
-
other
4
4
11
-
income
35
26
694
-
pensions
40
37
108
-
health
15
14
41
-
total
106
92
886
-
Employer
394
359
1 979
-
pensions
49
45
132
-
surtax
-
-
-
-
payroll
12
11
59
-
other
19
17
86
-
health
15
14
40
-
accident
5
5
14
-
unemployment
12
11
32
-
chamber of commerce
2
1
8
-
total
114
104
371
-
Corporate
1 843
1 888
1 945
-
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.

461
472
486
-
total
461
472
486
-
Dividends
1 382
1 416
-
-
withholding
380
389
-
-
total
380
389
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 061
1 057
1 743
1 150
After tax
1 289
1 293
607
1 200
Living cost
287
287
287
287
Free-cash
1 002
1 006
320
913

Estimated living cost  is £287 per week

£172
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£29
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£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
£881
£962
£288
£975
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
-
-
-
2 350
surtax
-
-
-
2
unemployment
-
-
-
55
health
-
-
-
81
chamber of commerce
-
-
-
9
pensions
-
-
-
195
income
-
-
-
810
total
-
-
-
1 152
Employee
450
359
1 978
-
unemployment
14
11
32
-
other
4
4
11
-
income
51
26
694
-
pensions
46
37
108
-
health
17
14
41
-
total
132
92
886
-
Employer
450
359
1 978
-
pensions
56
45
132
-
surtax
2
2
2
-
payroll
14
11
59
-
other
21
17
86
-
health
17
14
40
-
accident
6
5
14
-
unemployment
14
11
32
-
chamber of commerce
2
1
8
-
total
132
106
373
-
Corporate
1 768
1 886
1 944
-
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.

442
471
486
-
total
442
471
486
-
Dividends
1 326
1 414
-
-
withholding
365
389
-
-
total
365
389
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 071
1 058
1 745
1 152
After tax
1 279
1 292
605
1 198
Living cost
317
317
317
317
Free-cash
962
975
288
881

Estimated living cost  is £317 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
£695
£850
£455
£943
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 350
national
-
-
-
974
communal

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

-
-
-
128
social contributions
-
-
-
225
total
-
-
-
1 327
Employee

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

644
-
1 820
-
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
-
703
-
communal

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

34
-
95
-
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
-
137
-
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
-
86
-
total
316
-
1 037
-
Employer

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

644
-
1 820
-
surtax
73
-
206
-
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
-
161
-
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
-
112
-
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
-
24
-
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
-
27
-
total
187
-
530
-
Corporate
1 518
2 350
-
-
income
304
528
-
-
surtax
6
11
-
-
total
310
539
-
-
Dividends
1 208
1 812
-
-
withholding

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

359
540
-
-
total
359
540
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 172
1 079
1 567
1 327
After tax
1 178
1 271
783
1 023
Living cost
328
328
328
328
Free-cash
850
943
455
695

Estimated living cost  is £328 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
£1760
£1800
£1859
£1854
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
-
-
-
2 350
unemployment
-
-
-
1
health
-
-
-
36
pensions

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

-
-
-
46
income
-
-
-
352
total
-
-
-
435
Employee
205
-
2 288
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
20
-
229
-
pensions

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

18
-
28
-
health
9
-
14
-
total
49
-
274
-
Employer
205
-
2 288
-
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
2 105
2 350
-
-
income
211
235
-
-
total
211
235
-
-
Dividends
1 895
2 115
-
-
withholding
95
106
-
-
total
95
106
-
-
Income
2 350
2 350
2 350
2 350
Total tax
395
341
336
435
After tax
1 955
2 009
2 014
1 915
Living cost
155
155
155
155
Free-cash
1 800
1 854
1 859
1 760

Estimated living cost  is £155 per week

£102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£9
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£40
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
£1797
£1849
£1896
£1891
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
-
-
-
2 350
unemployment
-
-
-
1
health
-
-
-
36
pensions

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

-
-
-
46
income
-
-
-
352
total
-
-
-
435
Employee
156
-
2 288
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
16
-
229
-
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
-
274
-
Employer
156
-
2 288
-
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
2 163
2 350
-
-
income
216
235
-
-
total
216
235
-
-
Dividends
1 947
2 115
-
-
withholding
97
106
-
-
total
97
106
-
-
Income
2 350
2 350
2 350
2 350
Total tax
383
341
336
435
After tax
1 967
2 009
2 014
1 915
Living cost
118
118
118
118
Free-cash
1 849
1 891
1 896
1 797

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
£1359
£1455
£1340
£1504
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
-
-
-
2 350
health
-
-
-
60
social contributions
-
-
-
146
income
-
-
-
576
total
-
-
-
782
Employee
693
693
2 231
-
income
75
64
566
-
social contributions
26
57
78
-
health
5
12
38
-
total
106
133
682
-
Employer
693
693
2 231
-
social contributions
26
57
78
-
health
6
13
41
-
total
32
70
119
-
Corporate
2 002
1 587
-
-
income
250
198
-
-
total
250
198
-
-
Dividends
1 752
1 389
-
-
withholding
298
236
-
-
total
298
236
-
-
Income
2 350
2 350
2 350
2 350
Total tax
686
637
801
782
After tax
1 664
1 713
1 549
1 568
Living cost
209
209
209
209
Free-cash
1 455
1 504
1 340
1 359

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.
£58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
£1276
£1381
£1257
£1421
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
-
-
-
2 350
health
-
-
-
60
social contributions
-
-
-
146
income
-
-
-
576
total
-
-
-
782
Employee
693
693
2 231
-
income
73
64
566
-
social contributions
34
57
78
-
health
7
12
38
-
total
114
133
682
-
Employer
693
693
2 231
-
social contributions
34
57
78
-
health
8
13
41
-
total
42
70
119
-
Corporate
1 903
1 587
-
-
income
238
198
-
-
total
238
198
-
-
Dividends
1 665
1 389
-
-
withholding
283
236
-
-
total
283
236
-
-
Income
2 350
2 350
2 350
2 350
Total tax
677
637
801
782
After tax
1 673
1 713
1 549
1 568
Living cost
292
292
292
292
Free-cash
1 381
1 421
1 257
1 276

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
£1216
£1335
£1108
£1409
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
-
-
-
2 350
health
-
-
-
317
social contributions
-
-
-
299
income
-
-
-
260
solidarity contribution
-
-
-
50
total
-
-
-
926
Employee
306
-
1 921
-
income
37
-
239
-
social contributions
20
-
67
-
health
41
-
259
-
solidarity contribution
-
-
40
-
total
98
-
605
-
Employer
306
-
1 921
-
social contributions
76
-
256
-
health
28
-
173
-
total
104
-
429
-
Corporate
1 940
2 350
-
-
income
369
447
-
-
total
369
447
-
-
Dividends
1 572
1 903
-
-
withholding
236
286
-
-
total
236
286
-
-
Income
2 350
2 350
2 350
2 350
Total tax
807
733
1 034
926
After tax
1 543
1 617
1 316
1 424
Living cost
208
208
208
208
Free-cash
1 335
1 409
1 108
1 216

Estimated living cost  is £208 per week

£144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£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
£1168
£1271
£1060
£1361
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
-
-
-
2 350
health
-
-
-
317
social contributions
-
-
-
299
income
-
-
-
260
solidarity contribution
-
-
-
50
total
-
-
-
926
Employee
377
-
1 921
-
income
45
-
239
-
social contributions
24
-
67
-
health
51
-
259
-
solidarity contribution
-
-
40
-
total
120
-
605
-
Employer
377
-
1 921
-
social contributions
94
-
256
-
health
34
-
173
-
total
128
-
429
-
Corporate
1 845
2 350
-
-
income
351
447
-
-
total
351
447
-
-
Dividends
1 495
1 903
-
-
withholding
224
286
-
-
total
224
286
-
-
Income
2 350
2 350
2 350
2 350
Total tax
823
733
1 034
926
After tax
1 527
1 617
1 316
1 424
Living cost
256
256
256
256
Free-cash
1 271
1 361
1 060
1 168

Estimated living cost  is £256 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
£907
£191
£381
£381
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
-
-
-
2 350
national
-
-
-
301
pensions
-
-
-
8
municipal
-
-
-
512
labour market
-
-
-
187
total
-
-
-
1 008
Employee
1 837
1 837
1 837
-
municipal
391
391
391
-
national
224
224
224
-
pensions
3
3
3
-
labour market
147
147
147
-
total
765
765
765
-
Employer
1 837
1 837
1 837
-
pensions
5
5
5
-
labour market
147
147
147
-
municipal
392
392
392
-
national
225
225
225
-
total
769
769
769
-
Corporate
381
-
-
-
income
84
-
-
-
total
84
-
-
-
Dividends
297
-
-
-
withholding
106
-
-
-
total
106
-
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 724
1 534
1 534
1 008
After tax
626
816
816
1 342
Living cost
435
435
435
435
Free-cash
191
381
381
907

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.
£38
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£92
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
£1041
£1606
£1137
£1662
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
-
-
-
2 350
health
-
-
-
306
pensions
-
-
-
470
income
-
-
-
315
total
-
-
-
1 091
Employee
256
-
1 756
-
unemployment
4
-
28
-
income
29
-
339
-
pensions
5
-
35
-
total
38
-
402
-
Employer
256
-
1 756
-
pensions
51
-
351
-
health
33
-
228
-
unemployment
2
-
14
-
total
86
-
593
-
Corporate
2 008
2 350
-
-
income
402
470
-
-
total
402
470
-
-
Dividends
1 606
1 880
-
-
total
-
-
-
-
Income
2 350
2 350
2 350
2 350
Total tax
526
470
995
1 091
After tax
1 824
1 880
1 355
1 259
Living cost
218
218
218
218
Free-cash
1 606
1 662
1 137
1 041

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
£1059
£1107
£789
£1068
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

-
-
-
2 350
national
-
-
-
496
health
-
-
-
32
municipal
-
-
-
417
total
-
-
-
945
Employee
474
-
1 977
-
unemployment
7
-
30
-
municipal
78
-
322
-
national
8
-
330
-
pensions
32
-
133
-
health
4
-
27
-
total
129
-
842
-
Employer
474
-
1 977
-
pensions
82
-
343
-
health
4
-
15
-
accident
-
-
2
-
unemployment
3
-
13
-
total
89
-
373
-
Corporate
1 787
2 350
-
-
income
357
470
-
-
total
357
470
-
-
Dividends

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

1 072
1 410
-
-
municipal
193
254
-
-
national
129
212
-
-
total
322
466
-
-
Income
2 350
2 350
2 350
2 350
Total tax
897
936
1 215
945
After tax
1 453
1 414
1 135
1 405
Living cost
346
346
346
346
Free-cash
1 107
1 068
789
1 059

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
£980
£955
£891
£906
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
-
-
-
2 350
surtax
-
-
-
-
health
-
-
-
123
pensions
-
-
-
346
social contributions
-
-
-
67
income
-
-
-
483
other
-
-
-
73
total
-
-
-
1 092
Employee
344
-
1 778
-
income
18
-
419
-
surtax
-
-
-
-
social contributions
10
-
51
-
pensions
39
-
140
-
total
67
-
610
-
Employer
344
-
1 778
-
pensions
57
-
233
-
social contributions
1
-
5
-
other
12
-
77
-
health
24
-
184
-
unemployment
14
-
72
-
total
108
-
571
-
Corporate
1 898
2 350
-
-
income
532
658
-
-
surtax
-
-
-
-
total
532
658
-
-
Dividends
1 367
1 692
-
-
withholding
175
217
-
-
social contributions
235
291
-
-
surtax
-
-
-
-
total
410
508
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 117
1 166
1 181
1 092
After tax
1 233
1 184
1 169
1 258
Living cost
278
278
278
278
Free-cash
955
906
891
980

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
£950
£930
£861
£876
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
-
-
-
2 350
surtax
-
-
-
-
health
-
-
-
123
pensions
-
-
-
346
social contributions
-
-
-
67
income
-
-
-
483
other
-
-
-
73
total
-
-
-
1 092
Employee
386
-
1 778
-
income
23
-
419
-
surtax
-
-
-
-
social contributions
11
-
51
-
pensions
44
-
140
-
total
78
-
610
-
Employer
386
-
1 778
-
pensions
63
-
233
-
social contributions
1
-
5
-
other
13
-
77
-
health
27
-
184
-
unemployment
16
-
72
-
total
120
-
571
-
Corporate
1 844
2 350
-
-
income
516
658
-
-
surtax
-
-
-
-
total
516
658
-
-
Dividends
1 328
1 692
-
-
withholding
170
217
-
-
social contributions
228
291
-
-
surtax
-
-
-
-
total
398
508
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 112
1 166
1 181
1 092
After tax
1 238
1 184
1 169
1 258
Living cost
308
308
308
308
Free-cash
930
876
861
950

Estimated living cost  is £308 per week

£194
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£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
£823
£812
£734
£749
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
-
-
-
2 350
surtax
-
-
-
-
health
-
-
-
123
pensions
-
-
-
346
social contributions
-
-
-
67
income
-
-
-
483
other
-
-
-
73
total
-
-
-
1 092
Employee
564
-
1 778
-
income
49
-
419
-
surtax
-
-
-
-
social contributions
16
-
51
-
pensions
64
-
140
-
total
129
-
610
-
Employer
564
-
1 778
-
pensions
93
-
233
-
social contributions
2
-
5
-
other
19
-
77
-
health
39
-
184
-
unemployment
23
-
72
-
total
176
-
571
-
Corporate
1 610
2 350
-
-
income
451
658
-
-
surtax
-
-
-
-
total
451
658
-
-
Dividends
1 159
1 692
-
-
withholding
148
217
-
-
social contributions
199
291
-
-
surtax
-
-
-
-
total
347
508
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 103
1 166
1 181
1 092
After tax
1 247
1 184
1 169
1 258
Living cost
435
435
435
435
Free-cash
812
749
734
823

Estimated living cost  is £435 per week

£294
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
£2264
£2163
£1822
£2174
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%.

-
-
-
2 350
microenterprise

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

-
-
-
28
total
-
-
-
28
Employee
73
-
2 350
-
income
15
-
470
-
total
15
-
470
-
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%.

2 277
2 350
-
-
total
-
-
-
-
Dividends
2 277
2 350
-
-
withholding
114
118
-
-
total
114
118
-
-
Income
2 350
2 350
2 350
2 350
Total tax
129
118
470
28
After tax
2 221
2 232
1 880
2 322
Living cost
58
58
58
58
Free-cash
2 163
2 174
1 822
2 264

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
£2231
£2124
£1789
£2141
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%.

-
-
-
2 350
microenterprise

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

-
-
-
28
total
-
-
-
28
Employee
114
-
2 350
-
income
23
-
470
-
total
23
-
470
-
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%.

2 236
2 350
-
-
total
-
-
-
-
Dividends
2 236
2 350
-
-
withholding
112
118
-
-
total
112
118
-
-
Income
2 350
2 350
2 350
2 350
Total tax
135
118
470
28
After tax
2 215
2 232
1 880
2 322
Living cost
91
91
91
91
Free-cash
2 124
2 141
1 789
2 231

Estimated living cost  is £91 per week

£61
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£4
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£23
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
£807
£977
£1084
£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.

-
-
-
2 350
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.

-
-
-
45
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.

-
-
-
811
trade
-
-
-
277
total
-
-
-
1 195
Employee

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

448
-
2 350
-
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
-
811
-
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
-
45
-
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
-
918
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 902
2 350
-
-
trade
273
337
-
-
income
285
353
-
-
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
578
714
-
-
Dividends
1 324
1 636
-
-
withholding
328
406
-
-
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
346
428
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 025
1 142
918
1 195
After tax
1 325
1 208
1 432
1 155
Living cost
348
348
348
348
Free-cash
977
860
1 084
807

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
£855
£1008
£1159
£911
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.

-
-
-
2 350
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.

-
-
-
45
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.

-
-
-
811
trade
-
-
-
304
total
-
-
-
1 222
Employee

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

345
-
2 350
-
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
-
811
-
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
-
45
-
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
-
918
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 005
2 350
-
-
trade
316
370
-
-
income
301
353
-
-
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.

17
19
-
-
total
638
747
-
-
Dividends
1 368
1 603
-
-
withholding
339
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.

19
22
-
-
total
358
419
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 069
1 166
918
1 222
After tax
1 281
1 184
1 432
1 128
Living cost
273
273
273
273
Free-cash
1 008
911
1 159
855

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
£760
£945
£1078
£817
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.

-
-
-
2 350
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.

-
-
-
45
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.

-
-
-
811
trade
-
-
-
318
total
-
-
-
1 236
Employee

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

457
-
2 350
-
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
-
811
-
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
-
45
-
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
-
918
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 893
2 350
-
-
trade
311
387
-
-
income
284
353
-
-
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
615
764
-
-
Dividends
1 278
1 587
-
-
withholding
316
393
-
-
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
22
-
-
total
333
415
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 051
1 179
918
1 236
After tax
1 299
1 171
1 432
1 114
Living cost
354
354
354
354
Free-cash
945
817
1 078
760

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
£688
£892
£1019
£747
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.

-
-
-
2 350
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.

-
-
-
45
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.

-
-
-
811
trade
-
-
-
331
total
-
-
-
1 249
Employee

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

541
-
2 350
-
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
-
811
-
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
-
45
-
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
-
918
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 809
2 350
-
-
trade
310
403
-
-
income
271
353
-
-
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
600
780
-
-
Dividends
1 208
1 570
-
-
withholding
299
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.

16
21
-
-
total
315
410
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 045
1 190
918
1 249
After tax
1 305
1 160
1 432
1 101
Living cost
413
413
413
413
Free-cash
892
747
1 019
688

Estimated living cost  is £413 per week

£301
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
£901
£1247
£844
£1276
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
-
-
-
2 350
surtax
-
-
-
137
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
240
income
-
-
-
783
other
-
-
-
-
total
-
-
-
1 247
Employee
303
-
2 097
-
unemployment
21
-
84
-
other
-
-
-
-
income
51
-
730
-
surtax
1
-
126
-
pensions
20
-
80
-
health
8
-
31
-
total
101
-
1 051
-
Employer
303
-
2 097
-
pensions
40
-
160
-
other
-
-
-
-
health
14
-
55
-
unemployment
10
-
38
-
total
64
-
253
-
Corporate
1 983
2 350
-
-
income
516
611
-
-
total
516
611
-
-
Dividends
1 467
1 739
-
-
withholding
220
261
-
-
total
220
261
-
-
Income
2 350
2 350
2 350
2 350
Total tax
901
872
1 304
1 247
After tax
1 449
1 478
1 046
1 103
Living cost
202
202
202
202
Free-cash
1 247
1 276
844
901

Estimated living cost  is £202 per week

£122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Thessaloniki , Greece
£904
£1250
£847
£1279
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
-
-
-
2 350
surtax
-
-
-
137
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
240
income
-
-
-
783
other
-
-
-
-
total
-
-
-
1 247
Employee
298
-
2 097
-
unemployment
21
-
84
-
other
-
-
-
-
income
50
-
730
-
surtax
1
-
126
-
pensions
20
-
80
-
health
8
-
31
-
total
100
-
1 051
-
Employer
298
-
2 097
-
pensions
40
-
160
-
other
-
-
-
-
health
14
-
55
-
unemployment
9
-
38
-
total
63
-
253
-
Corporate
1 989
2 350
-
-
income
517
611
-
-
total
517
611
-
-
Dividends
1 472
1 739
-
-
withholding
221
261
-
-
total
221
261
-
-
Income
2 350
2 350
2 350
2 350
Total tax
901
872
1 304
1 247
After tax
1 449
1 478
1 046
1 103
Living cost
199
199
199
199
Free-cash
1 250
1 279
847
904

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
£1449
£1143
£1184
£1140
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
-
-
-
2 350
unemployment
-
-
-
35
health
-
-
-
165
pensions
-
-
-
235
income
-
-
-
287
total
-
-
-
722
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.

258
103
1 967
-
unemployment
4
2
29
-
income
32
13
240
-
pensions
26
10
197
-
health
18
7
138
-
total
80
32
604
-
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.

258
103
1 967
-
pensions
50
20
383
-
total
50
20
383
-
Corporate
2 042
2 227
-
-
income
184
200
-
-
total
184
200
-
-
Dividends
1 858
2 027
-
-
withholding
353
385
-
-
social contributions
361
394
-
-
total
714
779
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 028
1 031
987
722
After tax
1 322
1 319
1 363
1 628
Living cost
179
179
179
179
Free-cash
1 143
1 140
1 184
1 449

Estimated living cost  is £179 per week

£122
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
£873
£1023
£885
£1030
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
-
-
-
2 350
national
-
-
-
471
pensions
-
-
-
282
social contributions
-
-
-
25
municipal
-
-
-
263
total
-
-
-
1 041
Employee
676
-
2 032
-
municipal
84
-
272
-
national
129
-
491
-
pensions
27
-
81
-
total
240
-
844
-
Employer
676
-
2 032
-
pensions
54
-
163
-
social contributions
7
-
22
-
total
61
-
185
-
Corporate
1 568
2 350
-
-
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%.

314
470
-
-
total
314
470
-
-
Dividends
1 254
1 880
-
-
withholding
276
414
-
-
total
276
414
-
-
Income
2 350
2 350
2 350
2 350
Total tax
891
884
1 029
1 041
After tax
1 459
1 466
1 321
1 309
Living cost
436
436
436
436
Free-cash
1 023
1 030
885
873

Estimated living cost  is £436 per week

£296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£41
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£93
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Dublin , Ireland
£636
£1151
£636
£1132
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
-
-
-
2 350
social contributions
-
-
-
410
income
-
-
-
791
total
-
-
-
1 201
Employee
705
-
2 350
-
social contributions
59
-
410
-
income
133
-
791
-
total
192
-
1 201
-
Employer
705
-
2 350
-
total
-
-
-
-
Corporate
1 645
2 350
-
-
income
206
294
-
-
total
206
294
-
-
Dividends
1 440
2 056
-
-
withholding
288
411
-
-
total
288
411
-
-
Income
2 350
2 350
2 350
2 350
Total tax
686
705
1 201
1 201
After tax
1 664
1 645
1 149
1 149
Living cost
513
513
513
513
Free-cash
1 151
1 132
636
636

Estimated living cost  is £513 per week

£390
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
£773
£827
£696
£873
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
-
-
-
2 350
national
-
-
-
700
regional
-
-
-
31
social contributions
-
-
-
451
municipal
-
-
-
15
total
-
-
-
1 197
Employee
801
-
2 350
-
municipal
4
-
14
-
national
139
-
640
-
social contributions
270
-
591
-
regional
8
-
29
-
total
421
-
1 274
-
Employer
801
-
2 350
-
total
-
-
-
-
Corporate
1 549
2 350
-
-
nationa
372
564
-
-
municipal
60
92
-
-
total
432
656
-
-
Dividends
1 117
1 694
-
-
withholding
290
441
-
-
total
290
441
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 143
1 097
1 274
1 197
After tax
1 207
1 253
1 076
1 153
Living cost
380
380
380
380
Free-cash
827
873
696
773

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
£902
£971
£826
£992
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 350
national
-
-
-
700
regional
-
-
-
39
social contributions
-
-
-
451
municipal
-
-
-
15
total
-
-
-
1 205
Employee
500
-
2 350
-
municipal
3
-
14
-
national
79
-
640
-
social contributions
169
-
591
-
regional
7
-
36
-
total
258
-
1 281
-
Employer
500
-
2 350
-
total
-
-
-
-
Corporate
1 850
2 350
-
-
nationa
444
564
-
-
municipal
92
117
-
-
total
536
681
-
-
Dividends
1 314
1 669
-
-
withholding
342
434
-
-
total
342
434
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 136
1 115
1 281
1 205
After tax
1 214
1 235
1 069
1 145
Living cost
243
243
243
243
Free-cash
971
992
826
902

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.