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
£ 300
per

Your estimated
City
free-cash

Andorra , Andorra
£12
-£15
-£24
-£19
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
-
-
-
300
social contributions
-
-
-
66
income
-
-
-
-
total
-
-
-
66
Employee
276
-
260
-
social contributions
18
-
17
-
income
-
-
-
-
total
18
-
17
-
Employer
276
-
260
-
social contributions
43
-
40
-
total
43
-
40
-
Corporate
-
300
-
-
income
-
30
-
-
total
-
30
-
-
Dividends
-
270
-
-
total
-
-
-
-
Income
300
300
300
300
Total tax
61
30
57
66
After tax
239
270
243
234
Living cost
258
258
258
258
Free-cash
-19
12
-15
-24

Estimated living cost  is £258 per week

£167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£19
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.
£67
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
-£165
-£167
-£107
-£190
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
-
-
-
300
chamber of commerce
-
-
-
1
unemployment
-
-
-
53
health
-
-
-
23
pensions
-
-
-
56
income
-
-
-
-
surtax
-
-
-
-
total
-
-
-
133
Employee
375
342
342
-
health
15
13
9
-
pensions
38
35
23
-
other
4
3
2
-
unemployment
11
10
7
-
income
33
25
31
-
total
101
86
72
-
Employer
375
342
342
-
pensions
47
43
28
-
accident
5
4
3
-
unemployment
11
10
7
-
surtax
-
-
-
-
payroll
11
10
10
-
chamber of commerce
1
1
1
-
health
14
13
9
-
other
18
16
15
-
total
107
97
73
-
Corporate
33
33
194
-
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.

8
8
48
-
total
8
8
48
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
300
300
300
300
Total tax
216
191
193
133
After tax
84
109
107
167
Living cost
274
274
274
274
Free-cash
-190
-165
-167
-107

Estimated living cost  is £274 per week

£164
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.
£77
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
-£195
-£196
-£137
-£263
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
-
-
-
300
chamber of commerce
-
-
-
1
unemployment
-
-
-
53
health
-
-
-
23
pensions
-
-
-
56
income
-
-
-
-
surtax
-
-
-
2
total
-
-
-
135
Employee
429
342
342
-
health
17
13
9
-
pensions
44
35
23
-
other
4
3
2
-
unemployment
13
10
7
-
income
49
25
31
-
total
127
86
72
-
Employer
429
342
342
-
pensions
54
43
28
-
accident
6
4
3
-
unemployment
13
10
7
-
surtax
2
2
2
-
payroll
13
10
10
-
chamber of commerce
2
1
1
-
health
16
13
8
-
other
20
16
15
-
total
126
99
74
-
Corporate
33
33
192
-
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.

8
8
48
-
total
8
8
48
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
300
300
300
300
Total tax
261
193
194
135
After tax
39
107
106
165
Living cost
302
302
302
302
Free-cash
-263
-195
-196
-137

Estimated living cost  is £302 per week

£202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£26
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

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
-£143
-£172
-£128
-£493
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
-
-
-
300
social contributions
-
-
-
17
communal

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

-
-
-
17
national
-
-
-
81
total
-
-
-
115
Employee

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

614
-
232
-
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.

29
-
11
-
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.

46
-
17
-
communal

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

32
-
12
-
national
189
-
50
-
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.

5
-
2
-
total
301
-
92
-
Employer

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

614
-
232
-
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
-
3
-
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
-
3
-
surtax
70
-
26
-
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.

38
-
14
-
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.

54
-
21
-
total
179
-
67
-
Corporate
-
300
-
-
surtax
-
1
-
-
income
-
60
-
-
total
-
61
-
-
Dividends
-
239
-
-
withholding

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

-
69
-
-
total
-
69
-
-
Income
300
300
300
300
Total tax
480
130
159
115
After tax
-180
170
141
185
Living cost
313
313
313
313
Free-cash
-493
-143
-172
-128

Estimated living cost  is £313 per week

£201
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.
£79
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
£110
£41
£29
£57
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
-
-
-
300
unemployment
-
-
-
1
health
-
-
-
34
pensions

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

-
-
-
44
income
-
-
-
45
total
-
-
-
124
Employee
195
-
251
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
health
9
-
12
-
pensions

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

17
-
22
-
income
20
-
25
-
total
48
-
62
-
Employer
195
-
251
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
unemployment
1
-
2
-
health
13
-
17
-
pensions

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

22
-
28
-
total
38
-
50
-
Corporate
66
300
-
-
income
7
30
-
-
total
7
30
-
-
Dividends
60
270
-
-
withholding
3
13
-
-
total
3
13
-
-
Income
300
300
300
300
Total tax
96
43
112
124
After tax
204
257
188
176
Living cost
147
147
147
147
Free-cash
57
110
41
29

Estimated living cost  is £147 per week

£98
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.
£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.
£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
Varna , Bulgaria
£145
£76
£64
£105
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
-
-
-
300
unemployment
-
-
-
1
health
-
-
-
34
pensions

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

-
-
-
44
income
-
-
-
45
total
-
-
-
124
Employee
149
-
251
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
health
7
-
12
-
pensions

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

13
-
22
-
income
15
-
25
-
total
37
-
62
-
Employer
149
-
251
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
unemployment
1
-
2
-
health
10
-
17
-
pensions

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

16
-
28
-
total
29
-
50
-
Corporate
122
300
-
-
income
12
30
-
-
total
12
30
-
-
Dividends
110
270
-
-
withholding
5
13
-
-
total
5
13
-
-
Income
300
300
300
300
Total tax
83
43
112
124
After tax
217
257
188
176
Living cost
112
112
112
112
Free-cash
105
145
76
64

Estimated living cost  is £112 per week

£66
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.
£36
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
-£93
-£28
£42
-£32
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
-
-
-
326
social contributions
-
-
-
51
health
-
-
-
8
income
-
-
-
-
total
-
-
-
59
Employee
660
660
660
-
health
5
11
5
-
social contributions
25
55
23
-
income
72
61
73
-
total
102
127
101
-
Employer
660
660
660
-
social contributions
25
55
23
-
health
6
12
5
-
total
31
67
28
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
300
300
300
300
Total tax
133
194
129
59
After tax
167
106
171
241
Living cost
199
199
199
199
Free-cash
-32
-93
-28
42

Estimated living cost  is £199 per week

£119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£19
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.
£56
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
-£172
-£107
-£37
-£125
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
-
-
-
326
social contributions
-
-
-
51
health
-
-
-
8
income
-
-
-
-
total
-
-
-
59
Employee
660
660
660
-
health
7
11
5
-
social contributions
32
55
23
-
income
69
61
73
-
total
108
127
101
-
Employer
660
660
660
-
social contributions
32
55
23
-
health
7
12
5
-
total
39
67
28
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
300
300
300
300
Total tax
147
194
129
59
After tax
153
106
171
241
Living cost
278
278
278
278
Free-cash
-125
-172
-107
-37

Estimated living cost  is £278 per week

£190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£22
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.
£62
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
£5
-£50
-£57
-£98
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
-
-
-
300
social contributions
-
-
-
88
health
-
-
-
41
solidarity contribution
-
-
-
-
income
-
-
-
26
total
-
-
-
155
Employee
297
-
224
-
health
40
-
30
-
social contributions
19
-
15
-
solidarity contribution
-
-
-
-
income
36
-
27
-
total
95
-
72
-
Employer
297
-
224
-
social contributions
74
-
56
-
health
27
-
20
-
total
101
-
76
-
Corporate
-
300
-
-
income
-
57
-
-
total
-
57
-
-
Dividends
-
243
-
-
withholding
-
36
-
-
total
-
36
-
-
Income
300
300
300
300
Total tax
196
93
148
155
After tax
104
207
152
145
Living cost
202
202
202
202
Free-cash
-98
5
-50
-57

Estimated living cost  is £202 per week

£140
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.
£43
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
-£42
-£97
-£104
-£190
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
-
-
-
300
social contributions
-
-
-
88
health
-
-
-
41
solidarity contribution
-
-
-
-
income
-
-
-
26
total
-
-
-
155
Employee
366
-
224
-
health
49
-
30
-
social contributions
24
-
15
-
solidarity contribution
-
-
-
-
income
44
-
27
-
total
117
-
72
-
Employer
366
-
224
-
social contributions
91
-
56
-
health
33
-
20
-
total
124
-
76
-
Corporate
-
300
-
-
income
-
57
-
-
total
-
57
-
-
Dividends
-
243
-
-
withholding
-
36
-
-
total
-
36
-
-
Income
300
300
300
300
Total tax
241
93
148
155
After tax
59
207
152
145
Living cost
249
249
249
249
Free-cash
-190
-42
-97
-104

Estimated living cost  is £249 per week

£185
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.
£46
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
-£1574
-£1574
-£206
-£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
-
-
-
300
labour market
-
-
-
23
municipal
-
-
-
39
pensions
-
-
-
7
national
-
-
-
23
total
-
-
-
92
Employee
1 748
1 748
1 748
-
municipal
372
372
372
-
pensions
2
2
2
-
national
214
214
214
-
labour market
140
140
140
-
total
728
728
728
-
Employer
1 748
1 748
1 748
-
labour market
140
140
140
-
national
214
214
214
-
municipal
373
373
373
-
pensions
5
5
5
-
total
732
732
732
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
300
300
300
300
Total tax
1 460
1 460
1 460
92
After tax
-1 160
-1 160
-1 160
208
Living cost
414
414
414
414
Free-cash
-1 574
-1 574
-1 574
-206

Estimated living cost  is £414 per week

£283
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.
£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.
£88
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
£33
-£15
-£27
-£26
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
-
-
-
300
health
-
-
-
39
pensions
-
-
-
60
income
-
-
-
21
total
-
-
-
120
Employee
243
-
224
-
pensions
5
-
4
-
unemployment
4
-
4
-
income
27
-
24
-
total
36
-
32
-
Employer
243
-
224
-
pensions
49
-
45
-
unemployment
2
-
2
-
health
32
-
29
-
total
83
-
76
-
Corporate
-
300
-
-
income
-
60
-
-
total
-
60
-
-
Dividends
-
240
-
-
total
-
-
-
-
Income
300
300
300
300
Total tax
119
60
108
120
After tax
181
240
192
180
Living cost
207
207
207
207
Free-cash
-26
33
-15
-27

Estimated living cost  is £207 per week

£142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£12
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.
£49
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
-£121
-£140
-£85
-£234
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

-
-
-
300
health
-
-
-
1
municipal
-
-
-
54
national
-
-
-
1
total
-
-
-
56
Employee
451
-
252
-
health
3
-
-
-
municipal
74
-
42
-
pensions
30
-
17
-
national
7
-
-
-
unemployment
7
-
4
-
total
121
-
63
-
Employer
451
-
252
-
accident
-
-
-
-
unemployment
3
-
2
-
health
3
-
2
-
pensions
78
-
44
-
total
84
-
48
-
Corporate
-
300
-
-
income
-
60
-
-
total
-
60
-
-
Dividends

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

-
180
-
-
municipal
-
32
-
-
national
-
-
-
-
total
-
32
-
-
Income
300
300
300
300
Total tax
205
92
111
56
After tax
95
208
189
244
Living cost
329
329
329
329
Free-cash
-234
-121
-140
-85

Estimated living cost  is £329 per week

£215
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.
£77
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
-£113
-£74
-£81
-£129
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
-
-
-
300
social contributions
-
-
-
9
health
-
-
-
3
pensions
-
-
-
92
other
-
-
-
9
income
-
-
-
4
surtax
-
-
-
-
total
-
-
-
117
Employee
328
-
229
-
income
17
-
5
-
social contributions
9
-
7
-
pensions
37
-
26
-
surtax
-
-
-
-
total
63
-
38
-
Employer
328
-
229
-
pensions
54
-
38
-
social contributions
1
-
1
-
unemployment
13
-
9
-
health
23
-
16
-
other
11
-
8
-
total
102
-
72
-
Corporate
-
300
-
-
surtax
-
-
-
-
income
-
84
-
-
total
-
84
-
-
Dividends
-
216
-
-
surtax
-
-
-
-
withholding
-
28
-
-
social contributions
-
37
-
-
total
-
65
-
-
Income
300
300
300
300
Total tax
165
149
110
117
After tax
135
151
190
183
Living cost
264
264
264
264
Free-cash
-129
-113
-74
-81

Estimated living cost  is £264 per week

£153
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.
£79
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
-£142
-£103
-£110
-£182
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
-
-
-
300
social contributions
-
-
-
9
health
-
-
-
3
pensions
-
-
-
92
other
-
-
-
9
income
-
-
-
4
surtax
-
-
-
-
total
-
-
-
117
Employee
367
-
229
-
income
22
-
5
-
social contributions
10
-
7
-
pensions
42
-
26
-
surtax
-
-
-
-
total
74
-
38
-
Employer
367
-
229
-
pensions
60
-
38
-
social contributions
1
-
1
-
unemployment
15
-
9
-
health
26
-
16
-
other
13
-
8
-
total
115
-
72
-
Corporate
-
300
-
-
surtax
-
-
-
-
income
-
84
-
-
total
-
84
-
-
Dividends
-
216
-
-
surtax
-
-
-
-
withholding
-
28
-
-
social contributions
-
37
-
-
total
-
65
-
-
Income
300
300
300
300
Total tax
189
149
110
117
After tax
111
151
190
183
Living cost
293
293
293
293
Free-cash
-182
-142
-103
-110

Estimated living cost  is £293 per week

£185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£24
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.
£80
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
-£263
-£224
-£231
-£406
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
-
-
-
300
social contributions
-
-
-
9
health
-
-
-
3
pensions
-
-
-
92
other
-
-
-
9
income
-
-
-
4
surtax
-
-
-
-
total
-
-
-
117
Employee
537
-
229
-
income
47
-
5
-
social contributions
15
-
7
-
pensions
61
-
26
-
surtax
-
-
-
-
total
123
-
38
-
Employer
537
-
229
-
pensions
88
-
38
-
social contributions
2
-
1
-
unemployment
22
-
9
-
health
38
-
16
-
other
19
-
8
-
total
169
-
72
-
Corporate
-
300
-
-
surtax
-
-
-
-
income
-
84
-
-
total
-
84
-
-
Dividends
-
216
-
-
surtax
-
-
-
-
withholding
-
28
-
-
social contributions
-
37
-
-
total
-
65
-
-
Income
300
300
300
300
Total tax
292
149
110
117
After tax
8
151
190
183
Living cost
414
414
414
414
Free-cash
-406
-263
-224
-231

Estimated living cost  is £414 per week

£280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£34
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.
£94
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
£224
£179
£236
£213
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%.

-
-
-
300
microenterprise

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

-
-
-
3
total
-
-
-
3
Employee
76
-
300
-
income
15
-
60
-
total
15
-
60
-
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%.

224
300
-
-
total
-
-
-
-
Dividends
224
300
-
-
withholding
11
15
-
-
total
11
15
-
-
Income
300
300
300
300
Total tax
26
15
60
3
After tax
274
285
240
297
Living cost
61
61
61
61
Free-cash
213
224
179
236

Estimated living cost  is £61 per week

£38
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
£191
£146
£203
£173
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%.

-
-
-
300
microenterprise

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

-
-
-
3
total
-
-
-
3
Employee
118
-
300
-
income
24
-
60
-
total
24
-
60
-
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%.

182
300
-
-
total
-
-
-
-
Dividends
182
300
-
-
withholding
9
15
-
-
total
9
15
-
-
Income
300
300
300
300
Total tax
33
15
60
3
After tax
267
285
240
297
Living cost
94
94
94
94
Free-cash
173
191
146
203

Estimated living cost  is £94 per week

£64
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
-£175
-£92
-£92
-£127
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.

-
-
-
300
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.

-
-
-
59
trade
-
-
-
-
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.

-
-
-
2
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.

-
-
-
-
total
-
-
-
61
Employee

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

427
-
300
-
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.

59
-
59
-
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
-
-
-
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.

35
-
2
-
total
96
-
61
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
300
-
-
trade
-
43
-
-
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
-
-
chamber of commerce
-
2
-
-
income
-
45
-
-
total
-
92
-
-
Dividends
-
208
-
-
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.

-
3
-
-
withholding
-
49
-
-
total
-
52
-
-
Income
300
300
300
300
Total tax
96
144
61
61
After tax
204
156
239
239
Living cost
331
331
331
331
Free-cash
-127
-175
-92
-92

Estimated living cost  is £331 per week

£228
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.
£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.
£62
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
-£107
-£21
-£21
-£29
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.

-
-
-
300
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.

-
-
-
59
trade
-
-
-
-
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.

-
-
-
2
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.

-
-
-
-
total
-
-
-
61
Employee

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

328
-
300
-
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.

59
-
59
-
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
-
-
-
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.

9
-
2
-
total
69
-
61
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
300
-
-
trade
-
47
-
-
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
-
-
chamber of commerce
-
2
-
-
income
-
45
-
-
total
-
96
-
-
Dividends
-
204
-
-
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.

-
3
-
-
withholding
-
48
-
-
total
-
51
-
-
Income
300
300
300
300
Total tax
69
147
61
61
After tax
231
153
239
239
Living cost
260
260
260
260
Free-cash
-29
-107
-21
-21

Estimated living cost  is £260 per week

£163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£30
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.
£61
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
-£185
-£98
-£98
-£135
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.

-
-
-
300
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.

-
-
-
59
trade
-
-
-
-
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.

-
-
-
2
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.

-
-
-
-
total
-
-
-
61
Employee

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

435
-
300
-
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.

59
-
59
-
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
-
-
-
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
-
2
-
total
98
-
61
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
300
-
-
trade
-
49
-
-
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
-
-
chamber of commerce
-
2
-
-
income
-
45
-
-
total
-
98
-
-
Dividends
-
201
-
-
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.

-
3
-
-
withholding
-
47
-
-
total
-
50
-
-
Income
300
300
300
300
Total tax
98
148
61
61
After tax
202
152
239
239
Living cost
337
337
337
337
Free-cash
-135
-185
-98
-98

Estimated living cost  is £337 per week

£225
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.
£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.
£71
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
-£243
-£154
-£154
-£216
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.

-
-
-
300
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.

-
-
-
59
trade
-
-
-
-
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.

-
-
-
2
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.

-
-
-
-
total
-
-
-
61
Employee

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

515
-
300
-
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.

59
-
59
-
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.

3
-
-
-
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.

61
-
2
-
total
123
-
61
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
300
-
-
trade
-
51
-
-
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
-
-
chamber of commerce
-
2
-
-
income
-
45
-
-
total
-
100
-
-
Dividends
-
199
-
-
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.

-
3
-
-
withholding
-
47
-
-
total
-
50
-
-
Income
300
300
300
300
Total tax
123
150
61
61
After tax
177
150
239
239
Living cost
393
393
393
393
Free-cash
-216
-243
-154
-154

Estimated living cost  is £393 per week

£287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£31
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.
£69
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
-£4
-£27
-£19
-£48
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
-
-
-
300
unemployment
-
-
-
2
health
-
-
-
21
pensions
-
-
-
60
other
-
-
-
-
income
-
-
-
43
surtax
-
-
-
-
total
-
-
-
126
Employee
289
-
248
-
health
7
-
6
-
pensions
19
-
17
-
surtax
1
-
-
-
other
-
-
-
-
unemployment
20
-
17
-
income
48
-
42
-
total
95
-
82
-
Employer
289
-
248
-
pensions
38
-
33
-
unemployment
9
-
8
-
health
13
-
11
-
other
-
-
-
-
total
60
-
52
-
Corporate
-
300
-
-
income
-
78
-
-
total
-
78
-
-
Dividends
-
222
-
-
withholding
-
33
-
-
total
-
33
-
-
Income
300
300
300
300
Total tax
155
111
134
126
After tax
145
189
166
174
Living cost
193
193
193
193
Free-cash
-48
-4
-27
-19

Estimated living cost  is £193 per week

£116
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£17
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.
£55
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
£0
-£23
-£15
-£44
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
-
-
-
300
unemployment
-
-
-
2
health
-
-
-
21
pensions
-
-
-
60
other
-
-
-
-
income
-
-
-
43
surtax
-
-
-
-
total
-
-
-
126
Employee
284
-
248
-
health
7
-
6
-
pensions
19
-
17
-
surtax
1
-
-
-
other
-
-
-
-
unemployment
20
-
17
-
income
48
-
42
-
total
95
-
82
-
Employer
284
-
248
-
pensions
38
-
33
-
unemployment
9
-
8
-
health
13
-
11
-
other
-
-
-
-
total
60
-
52
-
Corporate
-
300
-
-
income
-
78
-
-
total
-
78
-
-
Dividends
-
222
-
-
withholding
-
33
-
-
total
-
33
-
-
Income
300
300
300
300
Total tax
155
111
134
126
After tax
145
189
166
174
Living cost
189
189
189
189
Free-cash
-44
-
-23
-15

Estimated living cost  is £189 per week

£116
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£17
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.
£52
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
£2
£5
£39
£6
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
-
-
-
300
unemployment
-
-
-
5
health
-
-
-
21
pensions
-
-
-
30
income
-
-
-
37
total
-
-
-
93
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.

243
97
251
-
health
17
7
18
-
pensions
24
10
25
-
unemployment
4
1
4
-
income
30
12
31
-
total
75
30
78
-
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.

243
97
251
-
pensions
47
19
49
-
total
47
19
49
-
Corporate
10
184
-
-
income
1
17
-
-
total
1
17
-
-
Dividends
9
168
-
-
withholding
2
32
-
-
social contributions
1
32
-
-
total
3
64
-
-
Income
300
300
300
300
Total tax
126
130
127
93
After tax
174
170
173
207
Living cost
168
168
168
168
Free-cash
6
2
5
39

Estimated living cost  is £168 per week

£115
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.
£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.
£36
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
-£246
-£232
-£234
-£432
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
-
-
-
300
social contributions
-
-
-
3
municipal
-
-
-
24
pensions
-
-
-
36
national
-
-
-
38
total
-
-
-
101
Employee
671
-
259
-
municipal
83
-
25
-
pensions
27
-
10
-
national
128
-
40
-
total
238
-
75
-
Employer
671
-
259
-
social contributions
7
-
3
-
pensions
54
-
21
-
total
61
-
24
-
Corporate
-
300
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

-
60
-
-
total
-
60
-
-
Dividends
-
240
-
-
withholding
-
53
-
-
total
-
53
-
-
Income
300
300
300
300
Total tax
299
113
99
101
After tax
1
187
201
199
Living cost
433
433
433
433
Free-cash
-432
-246
-232
-234

Estimated living cost  is £433 per week

£294
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.
£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.
£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
-£279
-£233
-£233
-£372
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
-
-
-
300
social contributions
-
-
-
11
income
-
-
-
33
total
-
-
-
44
Employee
671
-
300
-
social contributions
56
-
11
-
income
127
-
33
-
total
183
-
44
-
Employer
671
-
300
-
total
-
-
-
-
Corporate
-
300
-
-
income
-
38
-
-
total
-
38
-
-
Dividends
-
262
-
-
withholding
-
52
-
-
total
-
52
-
-
Income
300
300
300
300
Total tax
183
90
44
44
After tax
117
210
256
256
Living cost
489
489
489
489
Free-cash
-372
-279
-233
-233

Estimated living cost  is £489 per week

£372
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.
£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.
£72
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
-£202
-£213
-£195
-£462
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
-
-
-
300
regional
-
-
-
3
social contributions
-
-
-
77
municipal
-
-
-
2
national
-
-
-
51
total
-
-
-
133
Employee
762
-
300
-
regional
7
-
2
-
municipal
4
-
2
-
social contributions
257
-
101
-
national
132
-
46
-
total
400
-
151
-
Employer
762
-
300
-
total
-
-
-
-
Corporate
-
300
-
-
nationa
-
72
-
-
municipal
-
12
-
-
total
-
84
-
-
Dividends
-
216
-
-
withholding
-
56
-
-
total
-
56
-
-
Income
300
300
300
300
Total tax
400
140
151
133
After tax
-100
160
149
167
Living cost
362
362
362
362
Free-cash
-462
-202
-213
-195

Estimated living cost  is £362 per week

£252
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£24
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.
£80
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
-£73
-£84
-£66
-£175
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
-
-
-
300
regional
-
-
-
5
social contributions
-
-
-
77
municipal
-
-
-
2
national
-
-
-
51
total
-
-
-
135
Employee
476
-
300
-
regional
6
-
4
-
municipal
3
-
2
-
social contributions
160
-
101
-
national
75
-
46
-
total
244
-
153
-
Employer
476
-
300
-
total
-
-
-
-
Corporate
-
300
-
-
nationa
-
72
-
-
municipal
-
15
-
-
total
-
87
-
-
Dividends
-
213
-
-
withholding
-
55
-
-
total
-
55
-
-
Income
300
300
300
300
Total tax
244
142
153
135
After tax
56
158
147
165
Living cost
231
231
231
231
Free-cash
-175
-73
-84
-66

Estimated living cost  is £231 per week

£144
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.
£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.
£60
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