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
£ 2500
per

Your estimated
City
free-cash

Andorra , Andorra
£1539
£1948
£1605
£1979
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
-
-
-
2 500
social contributions
-
-
-
550
income
-
-
-
140
total
-
-
-
690
Employee
290
-
2 165
-
social contributions
19
-
141
-
income
-
-
148
-
total
19
-
289
-
Employer
290
-
2 165
-
social contributions
45
-
335
-
total
45
-
335
-
Corporate
2 165
2 500
-
-
income
217
250
-
-
total
217
250
-
-
Dividends
1 949
2 250
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
281
250
624
690
After tax
2 219
2 250
1 876
1 810
Living cost
271
271
271
271
Free-cash
1 948
1 979
1 605
1 539

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
£987
£1084
£354
£1088
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
-
-
-
2 500
surtax
-
-
-
-
unemployment
-
-
-
55
health
-
-
-
81
chamber of commerce
-
-
-
10
pensions
-
-
-
195
income
-
-
-
885
total
-
-
-
1 226
Employee
394
359
2 119
-
unemployment
12
11
32
-
other
4
4
11
-
income
35
26
764
-
pensions
40
37
108
-
health
15
14
41
-
total
106
92
956
-
Employer
394
359
2 119
-
pensions
49
45
132
-
surtax
-
-
-
-
payroll
12
11
64
-
other
19
17
92
-
health
15
14
40
-
accident
5
5
14
-
unemployment
12
11
32
-
chamber of commerce
2
1
8
-
total
114
104
382
-
Corporate
1 993
2 038
2 085
-
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.

498
509
521
-
total
498
509
521
-
Dividends
1 495
1 528
-
-
withholding
411
420
-
-
total
411
420
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 129
1 125
1 859
1 226
After tax
1 371
1 375
641
1 274
Living cost
287
287
287
287
Free-cash
1 084
1 088
354
987

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
£955
£1043
£323
£1056
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
-
-
-
2 500
surtax
-
-
-
2
unemployment
-
-
-
55
health
-
-
-
81
chamber of commerce
-
-
-
10
pensions
-
-
-
195
income
-
-
-
885
total
-
-
-
1 228
Employee
450
359
2 118
-
unemployment
14
11
32
-
other
4
4
11
-
income
51
26
763
-
pensions
46
37
108
-
health
17
14
41
-
total
132
92
955
-
Employer
450
359
2 118
-
pensions
56
45
132
-
surtax
2
2
2
-
payroll
14
11
64
-
other
21
17
92
-
health
17
14
40
-
accident
6
5
14
-
unemployment
14
11
32
-
chamber of commerce
2
1
8
-
total
132
106
384
-
Corporate
1 918
2 036
2 083
-
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.

480
509
521
-
total
480
509
521
-
Dividends
1 439
1 527
-
-
withholding
396
420
-
-
total
396
420
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 140
1 127
1 860
1 228
After tax
1 360
1 373
640
1 272
Living cost
317
317
317
317
Free-cash
1 043
1 056
323
955

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
£761
£933
£501
£1018
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 500
national
-
-
-
1 049
communal

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

-
-
-
137
social contributions
-
-
-
225
total
-
-
-
1 411
Employee

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

644
-
1 936
-
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
-
753
-
communal

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

34
-
101
-
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
-
145
-
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
-
91
-
total
316
-
1 107
-
Employer

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

644
-
1 936
-
surtax
73
-
220
-
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
-
172
-
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
-
119
-
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
-
564
-
Corporate
1 668
2 500
-
-
income
334
571
-
-
surtax
7
11
-
-
total
341
582
-
-
Dividends
1 328
1 917
-
-
withholding

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

395
572
-
-
total
395
572
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 239
1 154
1 671
1 411
After tax
1 261
1 346
829
1 089
Living cost
328
328
328
328
Free-cash
933
1 018
501
761

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
£1887
£1929
£1994
£1982
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
-
-
-
2 500
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
-
-
-
375
total
-
-
-
458
Employee
205
-
2 438
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
20
-
244
-
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
-
289
-
Employer
205
-
2 438
-
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
2 255
2 500
-
-
income
226
250
-
-
total
226
250
-
-
Dividends
2 030
2 250
-
-
withholding
101
113
-
-
total
101
113
-
-
Income
2 500
2 500
2 500
2 500
Total tax
416
363
351
458
After tax
2 084
2 137
2 149
2 042
Living cost
155
155
155
155
Free-cash
1 929
1 982
1 994
1 887

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
£1924
£1977
£2031
£2019
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
-
-
-
2 500
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
-
-
-
375
total
-
-
-
458
Employee
156
-
2 438
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
16
-
244
-
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
-
289
-
Employer
156
-
2 438
-
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
2 313
2 500
-
-
income
231
250
-
-
total
231
250
-
-
Dividends
2 082
2 250
-
-
withholding
104
113
-
-
total
104
113
-
-
Income
2 500
2 500
2 500
2 500
Total tax
405
363
351
458
After tax
2 095
2 137
2 149
2 042
Living cost
118
118
118
118
Free-cash
1 977
2 019
2 031
1 924

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
£1454
£1564
£1434
£1613
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
-
-
-
2 500
health
-
-
-
64
social contributions
-
-
-
146
income
-
-
-
627
total
-
-
-
837
Employee
693
693
2 378
-
income
75
64
617
-
social contributions
26
57
78
-
health
5
12
40
-
total
106
133
735
-
Employer
693
693
2 378
-
social contributions
26
57
78
-
health
6
13
44
-
total
32
70
122
-
Corporate
2 152
1 737
-
-
income
269
217
-
-
total
269
217
-
-
Dividends
1 883
1 520
-
-
withholding
320
258
-
-
total
320
258
-
-
Income
2 500
2 500
2 500
2 500
Total tax
727
678
857
837
After tax
1 773
1 822
1 643
1 663
Living cost
209
209
209
209
Free-cash
1 564
1 613
1 434
1 454

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
£1371
£1490
£1351
£1530
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
-
-
-
2 500
health
-
-
-
64
social contributions
-
-
-
146
income
-
-
-
627
total
-
-
-
837
Employee
693
693
2 378
-
income
73
64
617
-
social contributions
34
57
78
-
health
7
12
40
-
total
114
133
735
-
Employer
693
693
2 378
-
social contributions
34
57
78
-
health
8
13
44
-
total
42
70
122
-
Corporate
2 053
1 737
-
-
income
257
217
-
-
total
257
217
-
-
Dividends
1 797
1 520
-
-
withholding
305
258
-
-
total
305
258
-
-
Income
2 500
2 500
2 500
2 500
Total tax
718
678
857
837
After tax
1 782
1 822
1 643
1 663
Living cost
292
292
292
292
Free-cash
1 490
1 530
1 351
1 371

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
£1317
£1439
£1201
£1513
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
-
-
-
2 500
health
-
-
-
338
social contributions
-
-
-
299
income
-
-
-
279
solidarity contribution
-
-
-
59
total
-
-
-
975
Employee
306
-
2 059
-
income
37
-
257
-
social contributions
20
-
67
-
health
41
-
278
-
solidarity contribution
-
-
48
-
total
98
-
650
-
Employer
306
-
2 059
-
social contributions
76
-
256
-
health
28
-
185
-
total
104
-
441
-
Corporate
2 090
2 500
-
-
income
397
475
-
-
total
397
475
-
-
Dividends
1 693
2 025
-
-
withholding
254
304
-
-
total
254
304
-
-
Income
2 500
2 500
2 500
2 500
Total tax
853
779
1 091
975
After tax
1 647
1 721
1 409
1 525
Living cost
208
208
208
208
Free-cash
1 439
1 513
1 201
1 317

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
£1269
£1375
£1153
£1465
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 500
health
-
-
-
338
social contributions
-
-
-
299
income
-
-
-
279
solidarity contribution
-
-
-
59
total
-
-
-
975
Employee
377
-
2 059
-
income
45
-
257
-
social contributions
24
-
67
-
health
51
-
278
-
solidarity contribution
-
-
48
-
total
120
-
650
-
Employer
377
-
2 059
-
social contributions
94
-
256
-
health
34
-
185
-
total
128
-
441
-
Corporate
1 995
2 500
-
-
income
379
475
-
-
total
379
475
-
-
Dividends
1 616
2 025
-
-
withholding
242
304
-
-
total
242
304
-
-
Income
2 500
2 500
2 500
2 500
Total tax
869
779
1 091
975
After tax
1 631
1 721
1 409
1 525
Living cost
256
256
256
256
Free-cash
1 375
1 465
1 153
1 269

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
£987
£259
£531
£531
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
-
-
-
2 500
national
-
-
-
323
pensions
-
-
-
8
municipal
-
-
-
548
labour market
-
-
-
199
total
-
-
-
1 078
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
531
-
-
-
income
117
-
-
-
total
117
-
-
-
Dividends
414
-
-
-
withholding
155
-
-
-
total
155
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 806
1 534
1 534
1 078
After tax
694
966
966
1 422
Living cost
435
435
435
435
Free-cash
259
531
531
987

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
£1122
£1726
£1223
£1782
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
-
-
-
2 500
health
-
-
-
325
pensions
-
-
-
500
income
-
-
-
335
total
-
-
-
1 160
Employee
256
-
1 868
-
unemployment
4
-
30
-
income
29
-
360
-
pensions
5
-
37
-
total
38
-
427
-
Employer
256
-
1 868
-
pensions
51
-
374
-
health
33
-
243
-
unemployment
2
-
15
-
total
86
-
632
-
Corporate
2 158
2 500
-
-
income
432
500
-
-
total
432
500
-
-
Dividends
1 726
2 000
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
556
500
1 059
1 160
After tax
1 944
2 000
1 441
1 340
Living cost
218
218
218
218
Free-cash
1 726
1 782
1 223
1 122

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
£1133
£1192
£847
£1144
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

-
-
-
2 500
national
-
-
-
542
health
-
-
-
35
municipal
-
-
-
444
total
-
-
-
1 021
Employee
474
-
2 103
-
unemployment
7
-
32
-
municipal
78
-
342
-
national
8
-
365
-
pensions
32
-
142
-
health
4
-
29
-
total
129
-
910
-
Employer
474
-
2 103
-
pensions
82
-
365
-
health
4
-
16
-
accident
-
-
2
-
unemployment
3
-
14
-
total
89
-
397
-
Corporate
1 937
2 500
-
-
income
387
500
-
-
total
387
500
-
-
Dividends

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

1 162
1 500
-
-
municipal
209
270
-
-
national
148
240
-
-
total
357
510
-
-
Income
2 500
2 500
2 500
2 500
Total tax
962
1 010
1 307
1 021
After tax
1 538
1 490
1 193
1 479
Living cost
346
346
346
346
Free-cash
1 192
1 144
847
1 133

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
£1050
£1030
£947
£982
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
-
-
-
2 500
surtax
-
-
-
-
health
-
-
-
134
pensions
-
-
-
359
social contributions
-
-
-
71
income
-
-
-
531
other
-
-
-
77
total
-
-
-
1 172
Employee
344
-
1 886
-
income
18
-
457
-
surtax
-
-
-
-
social contributions
10
-
54
-
pensions
39
-
151
-
total
67
-
662
-
Employer
344
-
1 886
-
pensions
57
-
251
-
social contributions
1
-
6
-
other
12
-
82
-
health
24
-
198
-
unemployment
14
-
76
-
total
108
-
613
-
Corporate
2 048
2 500
-
-
income
574
700
-
-
surtax
-
-
-
-
total
574
700
-
-
Dividends
1 475
1 800
-
-
withholding
189
230
-
-
social contributions
254
310
-
-
surtax
-
-
-
-
total
443
540
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 192
1 240
1 275
1 172
After tax
1 308
1 260
1 225
1 328
Living cost
278
278
278
278
Free-cash
1 030
982
947
1 050

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
£1020
£1005
£917
£952
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
-
-
-
2 500
surtax
-
-
-
-
health
-
-
-
134
pensions
-
-
-
359
social contributions
-
-
-
71
income
-
-
-
531
other
-
-
-
77
total
-
-
-
1 172
Employee
386
-
1 886
-
income
23
-
457
-
surtax
-
-
-
-
social contributions
11
-
54
-
pensions
44
-
151
-
total
78
-
662
-
Employer
386
-
1 886
-
pensions
63
-
251
-
social contributions
1
-
6
-
other
13
-
82
-
health
27
-
198
-
unemployment
16
-
76
-
total
120
-
613
-
Corporate
1 994
2 500
-
-
income
558
700
-
-
surtax
-
-
-
-
total
558
700
-
-
Dividends
1 436
1 800
-
-
withholding
184
230
-
-
social contributions
247
310
-
-
surtax
-
-
-
-
total
431
540
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 187
1 240
1 275
1 172
After tax
1 313
1 260
1 225
1 328
Living cost
308
308
308
308
Free-cash
1 005
952
917
1 020

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
£893
£887
£790
£825
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 500
surtax
-
-
-
-
health
-
-
-
134
pensions
-
-
-
359
social contributions
-
-
-
71
income
-
-
-
531
other
-
-
-
77
total
-
-
-
1 172
Employee
564
-
1 886
-
income
49
-
457
-
surtax
-
-
-
-
social contributions
16
-
54
-
pensions
64
-
151
-
total
129
-
662
-
Employer
564
-
1 886
-
pensions
93
-
251
-
social contributions
2
-
6
-
other
19
-
82
-
health
39
-
198
-
unemployment
23
-
76
-
total
176
-
613
-
Corporate
1 760
2 500
-
-
income
493
700
-
-
surtax
-
-
-
-
total
493
700
-
-
Dividends
1 267
1 800
-
-
withholding
162
230
-
-
social contributions
218
310
-
-
surtax
-
-
-
-
total
380
540
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 178
1 240
1 275
1 172
After tax
1 322
1 260
1 225
1 328
Living cost
435
435
435
435
Free-cash
887
825
790
893

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
£2410
£2306
£1942
£2317
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%.

-
-
-
2 500
microenterprise

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

-
-
-
32
total
-
-
-
32
Employee
73
-
2 500
-
income
15
-
500
-
total
15
-
500
-
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%.

2 427
2 500
-
-
total
-
-
-
-
Dividends
2 427
2 500
-
-
withholding
121
125
-
-
total
121
125
-
-
Income
2 500
2 500
2 500
2 500
Total tax
136
125
500
32
After tax
2 364
2 375
2 000
2 468
Living cost
58
58
58
58
Free-cash
2 306
2 317
1 942
2 410

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
£2377
£2267
£1909
£2284
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%.

-
-
-
2 500
microenterprise

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

-
-
-
32
total
-
-
-
32
Employee
114
-
2 500
-
income
23
-
500
-
total
23
-
500
-
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%.

2 386
2 500
-
-
total
-
-
-
-
Dividends
2 386
2 500
-
-
withholding
119
125
-
-
total
119
125
-
-
Income
2 500
2 500
2 500
2 500
Total tax
142
125
500
32
After tax
2 358
2 375
2 000
2 468
Living cost
91
91
91
91
Free-cash
2 267
2 284
1 909
2 377

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
£869
£1055
£1168
£936
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.

-
-
-
2 500
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.

-
-
-
48
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.

-
-
-
874
trade
-
-
-
299
total
-
-
-
1 283
Employee

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

448
-
2 500
-
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
-
874
-
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
-
48
-
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
-
984
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 052
2 500
-
-
trade
294
359
-
-
income
308
375
-
-
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
21
-
-
total
623
760
-
-
Dividends
1 428
1 741
-
-
withholding
354
432
-
-
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
24
-
-
total
373
456
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 097
1 216
984
1 283
After tax
1 403
1 284
1 516
1 217
Living cost
348
348
348
348
Free-cash
1 055
936
1 168
869

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
£915
£1086
£1243
£986
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.

-
-
-
2 500
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.

-
-
-
48
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.

-
-
-
874
trade
-
-
-
328
total
-
-
-
1 312
Employee

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

345
-
2 500
-
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
-
874
-
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
-
48
-
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
-
984
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 155
2 500
-
-
trade
339
394
-
-
income
323
375
-
-
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.

18
21
-
-
total
684
795
-
-
Dividends
1 470
1 706
-
-
withholding
364
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.

20
23
-
-
total
384
446
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 141
1 241
984
1 312
After tax
1 359
1 259
1 516
1 188
Living cost
273
273
273
273
Free-cash
1 086
986
1 243
915

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
£820
£1020
£1162
£892
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.

-
-
-
2 500
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.

-
-
-
48
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.

-
-
-
874
trade
-
-
-
342
total
-
-
-
1 326
Employee

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

457
-
2 500
-
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
-
874
-
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
-
48
-
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
-
984
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 043
2 500
-
-
trade
336
411
-
-
income
306
375
-
-
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
21
-
-
total
663
812
-
-
Dividends
1 379
1 688
-
-
withholding
341
419
-
-
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
360
442
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 126
1 254
984
1 326
After tax
1 374
1 246
1 516
1 174
Living cost
354
354
354
354
Free-cash
1 020
892
1 162
820

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
£746
£965
£1103
£820
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
2 500
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.

-
-
-
48
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.

-
-
-
874
trade
-
-
-
357
total
-
-
-
1 341
Employee

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

541
-
2 500
-
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
-
874
-
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
-
48
-
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
-
984
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 959
2 500
-
-
trade
336
429
-
-
income
294
375
-
-
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
21
-
-
total
650
830
-
-
Dividends
1 309
1 671
-
-
withholding
324
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.

18
23
-
-
total
342
437
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 122
1 267
984
1 341
After tax
1 378
1 233
1 516
1 159
Living cost
413
413
413
413
Free-cash
965
820
1 103
746

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
£970
£1341
£914
£1370
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
-
-
-
2 500
surtax
-
-
-
150
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
240
income
-
-
-
851
other
-
-
-
-
total
-
-
-
1 328
Employee
303
-
2 247
-
unemployment
21
-
84
-
other
-
-
-
-
income
51
-
797
-
surtax
1
-
139
-
pensions
20
-
80
-
health
8
-
31
-
total
101
-
1 131
-
Employer
303
-
2 247
-
pensions
40
-
160
-
other
-
-
-
-
health
14
-
55
-
unemployment
10
-
38
-
total
64
-
253
-
Corporate
2 133
2 500
-
-
income
555
650
-
-
total
555
650
-
-
Dividends
1 578
1 850
-
-
withholding
237
278
-
-
total
237
278
-
-
Income
2 500
2 500
2 500
2 500
Total tax
957
928
1 384
1 328
After tax
1 543
1 572
1 116
1 172
Living cost
202
202
202
202
Free-cash
1 341
1 370
914
970

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
£973
£1345
£917
£1373
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
-
-
-
2 500
surtax
-
-
-
150
unemployment
-
-
-
2
health
-
-
-
85
pensions
-
-
-
240
income
-
-
-
851
other
-
-
-
-
total
-
-
-
1 328
Employee
298
-
2 247
-
unemployment
21
-
84
-
other
-
-
-
-
income
50
-
797
-
surtax
1
-
139
-
pensions
20
-
80
-
health
8
-
31
-
total
100
-
1 131
-
Employer
298
-
2 247
-
pensions
40
-
160
-
other
-
-
-
-
health
14
-
55
-
unemployment
9
-
38
-
total
63
-
253
-
Corporate
2 139
2 500
-
-
income
556
650
-
-
total
556
650
-
-
Dividends
1 583
1 850
-
-
withholding
237
278
-
-
total
237
278
-
-
Income
2 500
2 500
2 500
2 500
Total tax
956
928
1 384
1 328
After tax
1 544
1 572
1 116
1 172
Living cost
199
199
199
199
Free-cash
1 345
1 373
917
973

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
£1553
£1227
£1271
£1223
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
-
-
-
2 500
unemployment
-
-
-
37
health
-
-
-
175
pensions
-
-
-
250
income
-
-
-
306
total
-
-
-
768
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
2 092
-
unemployment
4
2
31
-
income
32
13
256
-
pensions
26
10
209
-
health
18
7
146
-
total
80
32
642
-
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
2 092
-
pensions
50
20
408
-
total
50
20
408
-
Corporate
2 192
2 377
-
-
income
197
214
-
-
total
197
214
-
-
Dividends
1 994
2 163
-
-
withholding
379
411
-
-
social contributions
388
421
-
-
total
767
832
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 094
1 098
1 050
768
After tax
1 406
1 402
1 450
1 732
Living cost
179
179
179
179
Free-cash
1 227
1 223
1 271
1 553

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
£947
£1117
£961
£1124
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
-
-
-
2 500
national
-
-
-
509
pensions
-
-
-
300
social contributions
-
-
-
27
municipal
-
-
-
281
total
-
-
-
1 117
Employee
676
-
2 161
-
municipal
84
-
291
-
national
129
-
530
-
pensions
27
-
86
-
total
240
-
907
-
Employer
676
-
2 161
-
pensions
54
-
173
-
social contributions
7
-
23
-
total
61
-
196
-
Corporate
1 718
2 500
-
-
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%.

344
500
-
-
total
344
500
-
-
Dividends
1 374
2 000
-
-
withholding
302
440
-
-
total
302
440
-
-
Income
2 500
2 500
2 500
2 500
Total tax
947
940
1 103
1 117
After tax
1 553
1 560
1 397
1 383
Living cost
436
436
436
436
Free-cash
1 117
1 124
961
947

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
£698
£1257
£698
£1236
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
-
-
-
2 500
social contributions
-
-
-
438
income
-
-
-
851
total
-
-
-
1 289
Employee
705
-
2 500
-
social contributions
59
-
438
-
income
133
-
851
-
total
192
-
1 289
-
Employer
705
-
2 500
-
total
-
-
-
-
Corporate
1 795
2 500
-
-
income
224
313
-
-
total
224
313
-
-
Dividends
1 571
2 187
-
-
withholding
314
438
-
-
total
314
438
-
-
Income
2 500
2 500
2 500
2 500
Total tax
730
751
1 289
1 289
After tax
1 770
1 749
1 211
1 211
Living cost
513
513
513
513
Free-cash
1 257
1 236
698
698

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
£855
£906
£779
£954
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
-
-
-
2 500
national
-
-
-
764
regional
-
-
-
34
social contributions
-
-
-
451
municipal
-
-
-
16
total
-
-
-
1 265
Employee
801
-
2 500
-
municipal
4
-
15
-
national
139
-
704
-
social contributions
270
-
591
-
regional
8
-
31
-
total
421
-
1 341
-
Employer
801
-
2 500
-
total
-
-
-
-
Corporate
1 699
2 500
-
-
nationa
408
600
-
-
municipal
66
97
-
-
total
474
697
-
-
Dividends
1 225
1 802
-
-
withholding
319
469
-
-
total
319
469
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 214
1 166
1 341
1 265
After tax
1 286
1 334
1 159
1 235
Living cost
380
380
380
380
Free-cash
906
954
779
855

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
£984
£1051
£908
£1071
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
-
-
-
2 500
national
-
-
-
764
regional
-
-
-
42
social contributions
-
-
-
451
municipal
-
-
-
16
total
-
-
-
1 273
Employee
500
-
2 500
-
municipal
3
-
15
-
national
79
-
704
-
social contributions
169
-
591
-
regional
7
-
39
-
total
258
-
1 349
-
Employer
500
-
2 500
-
total
-
-
-
-
Corporate
2 000
2 500
-
-
nationa
480
600
-
-
municipal
99
124
-
-
total
579
724
-
-
Dividends
1 421
1 776
-
-
withholding
369
462
-
-
total
369
462
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 206
1 186
1 349
1 273
After tax
1 294
1 314
1 151
1 227
Living cost
243
243
243
243
Free-cash
1 051
1 071
908
984

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