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
£ 2450
per

Your estimated
City
free-cash

Andorra , Andorra
£1504
£1903
£1568
£1934
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
-
-
-
2 450
social contributions
-
-
-
539
income
-
-
-
136
total
-
-
-
675
Employee
290
-
2 121
-
social contributions
19
-
138
-
income
-
-
144
-
total
19
-
282
-
Employer
290
-
2 121
-
social contributions
45
-
329
-
total
45
-
329
-
Corporate
2 115
2 450
-
-
income
212
245
-
-
total
212
245
-
-
Dividends
1 904
2 205
-
-
total
-
-
-
-
Income
2 450
2 450
2 450
2 450
Total tax
276
245
611
675
After tax
2 174
2 205
1 839
1 775
Living cost
271
271
271
271
Free-cash
1 903
1 934
1 568
1 504

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
£962
£1055
£341
£1058
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
-
-
-
2 450
surtax
-
-
-
-
unemployment
-
-
-
55
health
-
-
-
81
chamber of commerce
-
-
-
10
pensions
-
-
-
195
income
-
-
-
859
total
-
-
-
1 200
Employee
394
359
2 072
-
unemployment
12
11
32
-
other
4
4
11
-
income
35
27
741
-
pensions
40
37
108
-
health
15
14
41
-
total
106
93
933
-
Employer
394
359
2 072
-
pensions
49
45
132
-
surtax
-
-
-
-
payroll
12
11
62
-
other
19
17
90
-
health
15
14
40
-
accident
5
5
14
-
unemployment
12
11
32
-
chamber of commerce
2
1
8
-
total
114
104
378
-
Corporate
1 942
1 987
2 038
-
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.

486
497
510
-
total
486
497
510
-
Dividends
1 457
1 490
-
-
withholding
401
410
-
-
total
401
410
-
-
Income
2 450
2 450
2 450
2 450
Total tax
1 107
1 104
1 821
1 200
After tax
1 343
1 346
629
1 250
Living cost
288
288
288
288
Free-cash
1 055
1 058
341
962

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
£930
£1014
£311
£1028
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
-
-
-
2 450
surtax
-
-
-
2
unemployment
-
-
-
55
health
-
-
-
81
chamber of commerce
-
-
-
10
pensions
-
-
-
195
income
-
-
-
859
total
-
-
-
1 202
Employee
451
359
2 071
-
unemployment
14
11
32
-
other
5
4
11
-
income
51
27
740
-
pensions
46
37
108
-
health
17
14
41
-
total
133
93
932
-
Employer
451
359
2 071
-
pensions
57
45
132
-
surtax
2
2
2
-
payroll
14
11
62
-
other
21
17
90
-
health
17
14
40
-
accident
6
5
14
-
unemployment
14
11
32
-
chamber of commerce
2
1
8
-
total
133
106
380
-
Corporate
1 868
1 985
2 037
-
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.

467
496
509
-
total
467
496
509
-
Dividends
1 401
1 489
-
-
withholding
385
409
-
-
total
385
409
-
-
Income
2 450
2 450
2 450
2 450
Total tax
1 118
1 104
1 821
1 202
After tax
1 332
1 346
629
1 248
Living cost
318
318
318
318
Free-cash
1 014
1 028
311
930

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
£738
£906
£485
£993
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
-
-
-
2 450
national
-
-
-
1 024
communal

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

-
-
-
134
social contributions
-
-
-
225
total
-
-
-
1 383
Employee

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

645
-
1 898
-
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
-
17
-
national
198
-
736
-
communal

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

34
-
99
-
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
-
142
-
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
-
89
-
total
316
-
1 083
-
Employer

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

645
-
1 898
-
surtax
73
-
215
-
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
-
168
-
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
-
117
-
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
-
25
-
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
-
28
-
total
187
-
553
-
Corporate
1 617
2 450
-
-
income
323
556
-
-
surtax
6
11
-
-
total
329
567
-
-
Dividends
1 287
1 882
-
-
withholding

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

383
561
-
-
total
383
561
-
-
Income
2 450
2 450
2 450
2 450
Total tax
1 215
1 128
1 636
1 383
After tax
1 235
1 322
814
1 067
Living cost
329
329
329
329
Free-cash
906
993
485
738

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
£1844
£1886
£1949
£1940
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
-
-
-
2 450
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
-
-
-
367
total
-
-
-
451
Employee
205
-
2 388
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
21
-
239
-
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
-
284
-
Employer
205
-
2 388
-
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
2 204
2 450
-
-
income
220
245
-
-
total
220
245
-
-
Dividends
1 984
2 205
-
-
withholding
99
110
-
-
total
99
110
-
-
Income
2 450
2 450
2 450
2 450
Total tax
409
355
346
451
After tax
2 041
2 095
2 104
1 999
Living cost
155
155
155
155
Free-cash
1 886
1 940
1 949
1 844

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
£1881
£1934
£1986
£1977
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
-
-
-
2 450
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
-
-
-
367
total
-
-
-
451
Employee
157
-
2 388
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
16
-
239
-
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
-
284
-
Employer
157
-
2 388
-
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
2 263
2 450
-
-
income
226
245
-
-
total
226
245
-
-
Dividends
2 036
2 205
-
-
withholding
102
110
-
-
total
102
110
-
-
Income
2 450
2 450
2 450
2 450
Total tax
398
355
346
451
After tax
2 052
2 095
2 104
1 999
Living cost
118
118
118
118
Free-cash
1 934
1 977
1 986
1 881

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
£1423
£1527
£1402
£1574
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
-
-
-
2 450
health
-
-
-
62
social contributions
-
-
-
146
income
-
-
-
610
total
-
-
-
818
Employee
693
693
2 329
-
income
75
64
600
-
social contributions
26
58
78
-
health
5
12
40
-
total
106
134
718
-
Employer
693
693
2 329
-
social contributions
26
58
78
-
health
6
13
43
-
total
32
71
121
-
Corporate
2 102
1 686
-
-
income
263
211
-
-
total
263
211
-
-
Dividends
1 839
1 475
-
-
withholding
313
251
-
-
total
313
251
-
-
Income
2 450
2 450
2 450
2 450
Total tax
714
667
839
818
After tax
1 736
1 783
1 611
1 632
Living cost
209
209
209
209
Free-cash
1 527
1 574
1 402
1 423

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
£1340
£1454
£1319
£1491
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
-
-
-
2 450
health
-
-
-
62
social contributions
-
-
-
146
income
-
-
-
610
total
-
-
-
818
Employee
693
693
2 329
-
income
73
64
600
-
social contributions
34
58
78
-
health
7
12
40
-
total
114
134
718
-
Employer
693
693
2 329
-
social contributions
34
58
78
-
health
8
13
43
-
total
42
71
121
-
Corporate
2 003
1 686
-
-
income
250
211
-
-
total
250
211
-
-
Dividends
1 753
1 475
-
-
withholding
298
251
-
-
total
298
251
-
-
Income
2 450
2 450
2 450
2 450
Total tax
704
667
839
818
After tax
1 746
1 783
1 611
1 632
Living cost
292
292
292
292
Free-cash
1 454
1 491
1 319
1 340

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
£1282
£1403
£1168
£1477
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
-
-
-
2 450
health
-
-
-
331
social contributions
-
-
-
300
income
-
-
-
273
solidarity contribution
-
-
-
55
total
-
-
-
959
Employee
307
-
2 012
-
income
37
-
251
-
social contributions
20
-
67
-
health
41
-
272
-
solidarity contribution
-
-
45
-
total
98
-
635
-
Employer
307
-
2 012
-
social contributions
77
-
257
-
health
28
-
181
-
total
105
-
438
-
Corporate
2 039
2 450
-
-
income
387
466
-
-
total
387
466
-
-
Dividends
1 652
1 984
-
-
withholding
248
298
-
-
total
248
298
-
-
Income
2 450
2 450
2 450
2 450
Total tax
838
764
1 073
959
After tax
1 612
1 686
1 377
1 491
Living cost
209
209
209
209
Free-cash
1 403
1 477
1 168
1 282

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
£1234
£1339
£1120
£1429
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 450
health
-
-
-
331
social contributions
-
-
-
300
income
-
-
-
273
solidarity contribution
-
-
-
55
total
-
-
-
959
Employee
378
-
2 012
-
income
45
-
251
-
social contributions
25
-
67
-
health
51
-
272
-
solidarity contribution
-
-
45
-
total
121
-
635
-
Employer
378
-
2 012
-
social contributions
94
-
257
-
health
34
-
181
-
total
128
-
438
-
Corporate
1 944
2 450
-
-
income
369
466
-
-
total
369
466
-
-
Dividends
1 574
1 984
-
-
withholding
236
298
-
-
total
236
298
-
-
Income
2 450
2 450
2 450
2 450
Total tax
854
764
1 073
959
After tax
1 596
1 686
1 377
1 491
Living cost
257
257
257
257
Free-cash
1 339
1 429
1 120
1 234

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
£960
£235
£480
£480
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
-
-
-
2 450
national
-
-
-
316
pensions
-
-
-
8
municipal
-
-
-
536
labour market
-
-
-
195
total
-
-
-
1 055
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
480
-
-
-
income
106
-
-
-
total
106
-
-
-
Dividends
374
-
-
-
withholding
139
-
-
-
total
139
-
-
-
Income
2 450
2 450
2 450
2 450
Total tax
1 780
1 535
1 535
1 055
After tax
670
915
915
1 395
Living cost
435
435
435
435
Free-cash
235
480
480
960

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
£1096
£1686
£1194
£1742
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
-
-
-
2 450
health
-
-
-
318
pensions
-
-
-
490
income
-
-
-
328
total
-
-
-
1 136
Employee
256
-
1 831
-
unemployment
4
-
29
-
income
29
-
353
-
pensions
5
-
37
-
total
38
-
419
-
Employer
256
-
1 831
-
pensions
51
-
366
-
health
33
-
238
-
unemployment
2
-
15
-
total
86
-
619
-
Corporate
2 108
2 450
-
-
income
422
490
-
-
total
422
490
-
-
Dividends
1 686
1 960
-
-
total
-
-
-
-
Income
2 450
2 450
2 450
2 450
Total tax
546
490
1 038
1 136
After tax
1 904
1 960
1 412
1 314
Living cost
218
218
218
218
Free-cash
1 686
1 742
1 194
1 096

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
£1109
£1163
£829
£1119
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

-
-
-
2 450
national
-
-
-
526
health
-
-
-
34
municipal
-
-
-
435
total
-
-
-
995
Employee
474
-
2 061
-
unemployment
7
-
31
-
municipal
78
-
335
-
national
8
-
353
-
pensions
32
-
139
-
health
4
-
28
-
total
129
-
886
-
Employer
474
-
2 061
-
pensions
82
-
358
-
health
4
-
16
-
accident
-
-
2
-
unemployment
3
-
13
-
total
89
-
389
-
Corporate
1 886
2 450
-
-
income
377
490
-
-
total
377
490
-
-
Dividends

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

1 132
1 470
-
-
municipal
204
265
-
-
national
142
230
-
-
total
346
495
-
-
Income
2 450
2 450
2 450
2 450
Total tax
941
985
1 275
995
After tax
1 509
1 465
1 175
1 455
Living cost
346
346
346
346
Free-cash
1 163
1 119
829
1 109

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
£1026
£1007
£927
£957
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
-
-
-
2 450
surtax
-
-
-
-
health
-
-
-
130
pensions
-
-
-
355
social contributions
-
-
-
70
income
-
-
-
515
other
-
-
-
76
total
-
-
-
1 146
Employee
344
-
1 850
-
income
18
-
444
-
surtax
-
-
-
-
social contributions
10
-
53
-
pensions
39
-
148
-
total
67
-
645
-
Employer
344
-
1 850
-
pensions
57
-
245
-
social contributions
1
-
6
-
other
12
-
80
-
health
24
-
194
-
unemployment
14
-
75
-
total
108
-
600
-
Corporate
1 998
2 450
-
-
income
559
686
-
-
surtax
-
-
-
-
total
559
686
-
-
Dividends
1 439
1 764
-
-
withholding
184
226
-
-
social contributions
247
303
-
-
surtax
-
-
-
-
total
431
529
-
-
Income
2 450
2 450
2 450
2 450
Total tax
1 165
1 215
1 245
1 146
After tax
1 285
1 235
1 205
1 304
Living cost
278
278
278
278
Free-cash
1 007
957
927
1 026

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
£995
£979
£896
£926
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
-
-
-
2 450
surtax
-
-
-
-
health
-
-
-
130
pensions
-
-
-
355
social contributions
-
-
-
70
income
-
-
-
515
other
-
-
-
76
total
-
-
-
1 146
Employee
386
-
1 850
-
income
23
-
444
-
surtax
-
-
-
-
social contributions
11
-
53
-
pensions
44
-
148
-
total
78
-
645
-
Employer
386
-
1 850
-
pensions
63
-
245
-
social contributions
1
-
6
-
other
13
-
80
-
health
27
-
194
-
unemployment
16
-
75
-
total
120
-
600
-
Corporate
1 944
2 450
-
-
income
544
686
-
-
surtax
-
-
-
-
total
544
686
-
-
Dividends
1 399
1 764
-
-
withholding
179
226
-
-
social contributions
241
303
-
-
surtax
-
-
-
-
total
420
529
-
-
Income
2 450
2 450
2 450
2 450
Total tax
1 162
1 215
1 245
1 146
After tax
1 288
1 235
1 205
1 304
Living cost
309
309
309
309
Free-cash
979
926
896
995

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
£868
£861
£769
£799
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
-
-
-
2 450
surtax
-
-
-
-
health
-
-
-
130
pensions
-
-
-
355
social contributions
-
-
-
70
income
-
-
-
515
other
-
-
-
76
total
-
-
-
1 146
Employee
565
-
1 850
-
income
49
-
444
-
surtax
-
-
-
-
social contributions
16
-
53
-
pensions
64
-
148
-
total
129
-
645
-
Employer
565
-
1 850
-
pensions
93
-
245
-
social contributions
2
-
6
-
other
19
-
80
-
health
40
-
194
-
unemployment
23
-
75
-
total
177
-
600
-
Corporate
1 709
2 450
-
-
income
478
686
-
-
surtax
-
-
-
-
total
478
686
-
-
Dividends
1 230
1 764
-
-
withholding
157
226
-
-
social contributions
212
303
-
-
surtax
-
-
-
-
total
369
529
-
-
Income
2 450
2 450
2 450
2 450
Total tax
1 153
1 215
1 245
1 146
After tax
1 297
1 235
1 205
1 304
Living cost
436
436
436
436
Free-cash
861
799
769
868

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
£2361
£2259
£1902
£2269
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%.

-
-
-
2 450
microenterprise

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

-
-
-
31
total
-
-
-
31
Employee
72
-
2 450
-
income
14
-
490
-
total
14
-
490
-
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%.

2 378
2 450
-
-
total
-
-
-
-
Dividends
2 378
2 450
-
-
withholding
119
123
-
-
total
119
123
-
-
Income
2 450
2 450
2 450
2 450
Total tax
133
123
490
31
After tax
2 317
2 327
1 960
2 419
Living cost
58
58
58
58
Free-cash
2 259
2 269
1 902
2 361

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
£2329
£2220
£1870
£2237
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%.

-
-
-
2 450
microenterprise

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

-
-
-
31
total
-
-
-
31
Employee
113
-
2 450
-
income
23
-
490
-
total
23
-
490
-
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%.

2 337
2 450
-
-
total
-
-
-
-
Dividends
2 337
2 450
-
-
withholding
117
123
-
-
total
117
123
-
-
Income
2 450
2 450
2 450
2 450
Total tax
140
123
490
31
After tax
2 310
2 327
1 960
2 419
Living cost
90
90
90
90
Free-cash
2 220
2 237
1 870
2 329

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
£849
£1029
£1140
£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.

-
-
-
2 450
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.

-
-
-
47
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.

-
-
-
853
trade
-
-
-
291
total
-
-
-
1 253
Employee

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

449
-
2 450
-
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
-
853
-
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
-
47
-
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
-
962
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 001
2 450
-
-
trade
287
352
-
-
income
300
368
-
-
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
20
-
-
total
608
745
-
-
Dividends
1 393
1 706
-
-
withholding
345
423
-
-
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
23
-
-
total
364
446
-
-
Income
2 450
2 450
2 450
2 450
Total tax
1 073
1 191
962
1 253
After tax
1 377
1 259
1 488
1 197
Living cost
348
348
348
348
Free-cash
1 029
911
1 140
849

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
£895
£1059
£1215
£961
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.

-
-
-
2 450
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.

-
-
-
47
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.

-
-
-
853
trade
-
-
-
320
total
-
-
-
1 282
Employee

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

345
-
2 450
-
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
-
853
-
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
-
47
-
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
-
962
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 105
2 450
-
-
trade
332
386
-
-
income
316
368
-
-
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
20
-
-
total
669
779
-
-
Dividends
1 436
1 672
-
-
withholding
356
414
-
-
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.

20
23
-
-
total
376
437
-
-
Income
2 450
2 450
2 450
2 450
Total tax
1 118
1 216
962
1 282
After tax
1 332
1 234
1 488
1 168
Living cost
273
273
273
273
Free-cash
1 059
961
1 215
895

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
£800
£995
£1134
£867
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.

-
-
-
2 450
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.

-
-
-
47
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.

-
-
-
853
trade
-
-
-
334
total
-
-
-
1 296
Employee

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

457
-
2 450
-
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
-
853
-
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
-
47
-
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
-
962
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 993
2 450
-
-
trade
328
403
-
-
income
299
368
-
-
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
20
-
-
total
647
796
-
-
Dividends
1 345
1 654
-
-
withholding
333
410
-
-
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
23
-
-
total
351
433
-
-
Income
2 450
2 450
2 450
2 450
Total tax
1 101
1 229
962
1 296
After tax
1 349
1 221
1 488
1 154
Living cost
354
354
354
354
Free-cash
995
867
1 134
800

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
£727
£942
£1075
£796
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.

-
-
-
2 450
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.

-
-
-
47
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.

-
-
-
853
trade
-
-
-
348
total
-
-
-
1 310
Employee

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

542
-
2 450
-
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
-
853
-
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
-
47
-
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
-
962
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 908
2 450
-
-
trade
327
420
-
-
income
286
368
-
-
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
20
-
-
total
633
813
-
-
Dividends
1 275
1 637
-
-
withholding
315
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.

17
22
-
-
total
332
428
-
-
Income
2 450
2 450
2 450
2 450
Total tax
1 095
1 241
962
1 310
After tax
1 355
1 209
1 488
1 140
Living cost
413
413
413
413
Free-cash
942
796
1 075
727

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
£945
£1310
£890
£1338
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
-
-
-
2 450
surtax
-
-
-
146
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
241
income
-
-
-
828
other
-
-
-
-
total
-
-
-
1 302
Employee
304
-
2 197
-
unemployment
21
-
84
-
other
-
-
-
-
income
51
-
774
-
surtax
1
-
135
-
pensions
20
-
80
-
health
8
-
31
-
total
101
-
1 104
-
Employer
304
-
2 197
-
pensions
40
-
160
-
other
-
-
-
-
health
14
-
55
-
unemployment
10
-
38
-
total
64
-
253
-
Corporate
2 082
2 450
-
-
income
541
637
-
-
total
541
637
-
-
Dividends
1 541
1 813
-
-
withholding
231
272
-
-
total
231
272
-
-
Income
2 450
2 450
2 450
2 450
Total tax
937
909
1 357
1 302
After tax
1 513
1 541
1 093
1 148
Living cost
203
203
203
203
Free-cash
1 310
1 338
890
945

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
£949
£1313
£894
£1342
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
-
-
-
2 450
surtax
-
-
-
146
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
241
income
-
-
-
828
other
-
-
-
-
total
-
-
-
1 302
Employee
298
-
2 197
-
unemployment
21
-
84
-
other
-
-
-
-
income
50
-
774
-
surtax
1
-
135
-
pensions
20
-
80
-
health
8
-
31
-
total
100
-
1 104
-
Employer
298
-
2 197
-
pensions
40
-
160
-
other
-
-
-
-
health
14
-
55
-
unemployment
9
-
38
-
total
63
-
253
-
Corporate
2 089
2 450
-
-
income
543
637
-
-
total
543
637
-
-
Dividends
1 546
1 813
-
-
withholding
232
272
-
-
total
232
272
-
-
Income
2 450
2 450
2 450
2 450
Total tax
938
909
1 357
1 302
After tax
1 512
1 541
1 093
1 148
Living cost
199
199
199
199
Free-cash
1 313
1 342
894
949

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
£1517
£1198
£1239
£1195
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
-
-
-
2 450
unemployment
-
-
-
37
health
-
-
-
171
pensions
-
-
-
245
income
-
-
-
300
total
-
-
-
753
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
2 050
-
unemployment
4
2
31
-
income
32
13
251
-
pensions
26
10
205
-
health
18
7
144
-
total
80
32
631
-
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
2 050
-
pensions
51
20
400
-
total
51
20
400
-
Corporate
2 139
2 326
-
-
income
193
209
-
-
total
193
209
-
-
Dividends
1 946
2 117
-
-
withholding
370
402
-
-
social contributions
378
412
-
-
total
748
814
-
-
Income
2 450
2 450
2 450
2 450
Total tax
1 072
1 075
1 031
753
After tax
1 378
1 375
1 419
1 697
Living cost
180
180
180
180
Free-cash
1 198
1 195
1 239
1 517

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
£924
£1087
£936
£1094
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
-
-
-
2 450
national
-
-
-
496
pensions
-
-
-
294
social contributions
-
-
-
26
municipal
-
-
-
275
total
-
-
-
1 091
Employee
675
-
2 118
-
municipal
83
-
285
-
national
129
-
517
-
pensions
27
-
85
-
total
239
-
887
-
Employer
675
-
2 118
-
pensions
54
-
169
-
social contributions
7
-
23
-
total
61
-
192
-
Corporate
1 669
2 450
-
-
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%.

334
490
-
-
total
334
490
-
-
Dividends
1 335
1 960
-
-
withholding
294
431
-
-
total
294
431
-
-
Income
2 450
2 450
2 450
2 450
Total tax
928
921
1 079
1 091
After tax
1 522
1 529
1 371
1 359
Living cost
435
435
435
435
Free-cash
1 087
1 094
936
924

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
£676
£1221
£676
£1201
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
-
-
-
2 450
social contributions
-
-
-
429
income
-
-
-
831
total
-
-
-
1 260
Employee
705
-
2 450
-
social contributions
59
-
429
-
income
133
-
831
-
total
192
-
1 260
-
Employer
705
-
2 450
-
total
-
-
-
-
Corporate
1 745
2 450
-
-
income
218
306
-
-
total
218
306
-
-
Dividends
1 527
2 144
-
-
withholding
305
429
-
-
total
305
429
-
-
Income
2 450
2 450
2 450
2 450
Total tax
715
735
1 260
1 260
After tax
1 735
1 715
1 190
1 190
Living cost
514
514
514
514
Free-cash
1 221
1 201
676
676

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
£827
£880
£750
£927
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
-
-
-
2 450
national
-
-
-
743
regional
-
-
-
33
social contributions
-
-
-
451
municipal
-
-
-
16
total
-
-
-
1 243
Employee
801
-
2 450
-
municipal
4
-
15
-
national
139
-
682
-
social contributions
270
-
592
-
regional
8
-
31
-
total
421
-
1 320
-
Employer
801
-
2 450
-
total
-
-
-
-
Corporate
1 649
2 450
-
-
nationa
396
588
-
-
municipal
64
96
-
-
total
460
684
-
-
Dividends
1 189
1 766
-
-
withholding
309
459
-
-
total
309
459
-
-
Income
2 450
2 450
2 450
2 450
Total tax
1 190
1 143
1 320
1 243
After tax
1 260
1 307
1 130
1 207
Living cost
380
380
380
380
Free-cash
880
927
750
827

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
£956
£1024
£880
£1045
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
-
-
-
2 450
national
-
-
-
743
regional
-
-
-
41
social contributions
-
-
-
451
municipal
-
-
-
16
total
-
-
-
1 251
Employee
500
-
2 450
-
municipal
3
-
15
-
national
79
-
682
-
social contributions
169
-
592
-
regional
7
-
38
-
total
258
-
1 327
-
Employer
500
-
2 450
-
total
-
-
-
-
Corporate
1 950
2 450
-
-
nationa
468
588
-
-
municipal
97
122
-
-
total
565
710
-
-
Dividends
1 385
1 740
-
-
withholding
360
452
-
-
total
360
452
-
-
Income
2 450
2 450
2 450
2 450
Total tax
1 183
1 162
1 327
1 251
After tax
1 267
1 288
1 123
1 199
Living cost
243
243
243
243
Free-cash
1 024
1 045
880
956

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