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
$ 1000
per

Your estimated
City
free-cash

Andorra , Andorra
$401
$490
$429
$532
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
-
-
-
1 000
social contributions
-
-
-
220
income
-
-
-
11
total
-
-
-
231
Employee
394
-
866
-
social contributions
26
-
56
-
income
-
-
13
-
total
26
-
69
-
Employer
394
-
866
-
social contributions
61
-
134
-
total
61
-
134
-
Corporate
545
1 000
-
-
income
55
100
-
-
total
55
100
-
-
Dividends
491
900
-
-
total
-
-
-
-
Income
1 000
1 000
1 000
1 000
Total tax
142
100
203
231
After tax
858
900
797
769
Living cost
368
368
368
368
Free-cash
490
532
429
401

Estimated living cost  is $368 per week

$238
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.
$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.
$95
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
$142
$169
-$54
$174
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
-
-
-
1 000
surtax
-
-
-
-
unemployment
-
-
-
75
health
-
-
-
76
chamber of commerce
-
-
-
4
pensions
-
-
-
185
income
-
-
-
127
total
-
-
-
467
Employee
535
488
776
-
unemployment
16
15
23
-
other
5
5
8
-
income
48
36
117
-
pensions
55
50
80
-
health
21
19
30
-
total
145
125
258
-
Employer
535
488
776
-
pensions
67
61
97
-
surtax
-
-
-
-
payroll
16
15
23
-
other
25
23
37
-
health
20
18
29
-
accident
7
6
10
-
unemployment
16
15
23
-
chamber of commerce
2
2
3
-
total
153
140
222
-
Corporate
311
372
730
-
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.

78
93
183
-
total
78
93
183
-
Dividends
233
279
-
-
withholding
64
77
-
-
total
64
77
-
-
Income
1 000
1 000
1 000
1 000
Total tax
440
435
663
467
After tax
560
565
337
533
Living cost
391
391
391
391
Free-cash
169
174
-54
142

Estimated living cost  is $391 per week

$234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$40
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$109
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
$100
$116
-$93
$134
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
-
-
-
1 000
surtax
-
-
-
2
unemployment
-
-
-
75
health
-
-
-
76
chamber of commerce
-
-
-
4
pensions
-
-
-
185
income
-
-
-
127
total
-
-
-
469
Employee
612
488
775
-
unemployment
18
15
23
-
other
6
5
8
-
income
70
36
116
-
pensions
63
50
79
-
health
24
19
30
-
total
181
125
256
-
Employer
612
488
775
-
pensions
77
61
97
-
surtax
2
2
2
-
payroll
18
15
23
-
other
29
23
37
-
health
23
18
29
-
accident
8
6
10
-
unemployment
18
15
23
-
chamber of commerce
2
2
3
-
total
177
142
224
-
Corporate
210
369
728
-
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.

52
92
182
-
total
52
92
182
-
Dividends
157
277
-
-
withholding
43
76
-
-
total
43
76
-
-
Income
1 000
1 000
1 000
1 000
Total tax
453
435
662
469
After tax
547
565
338
531
Living cost
431
431
431
431
Free-cash
116
134
-93
100

Estimated living cost  is $431 per week

$288
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.
$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.
$100
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
$47
-$131
-$43
$116
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
-
-
-
1 000
national
-
-
-
312
communal

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

-
-
-
51
social contributions
-
-
-
144
total
-
-
-
507
Employee

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

876
-
775
-
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.

8
-
7
-
national
269
-
230
-
communal

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

46
-
40
-
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.

66
-
58
-
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.

41
-
36
-
total
430
-
371
-
Employer

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

876
-
775
-
surtax
99
-
88
-
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.

78
-
69
-
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.

54
-
48
-
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.

11
-
10
-
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.

13
-
11
-
total
255
-
226
-
Corporate
-
1 000
-
-
income
-
200
-
-
surtax
-
4
-
-
total
-
204
-
-
Dividends
-
796
-
-
withholding

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

-
234
-
-
total
-
234
-
-
Income
1 000
1 000
1 000
1 000
Total tax
685
438
597
507
After tax
315
562
403
493
Living cost
446
446
446
446
Free-cash
-131
116
-43
47

Estimated living cost  is $446 per week

$287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$39
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$113
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
$526
$570
$551
$645
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
-
-
-
1 000
unemployment
-
-
-
2
health
-
-
-
49
pensions

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

-
-
-
63
income
-
-
-
150
total
-
-
-
264
Employee
279
-
916
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
income
28
-
92
-
pensions

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

24
-
38
-
health
13
-
20
-
total
68
-
155
-
Employer
279
-
916
-
pensions

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

31
-
47
-
health
19
-
29
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
unemployment
2
-
3
-
total
55
-
84
-
Corporate
667
1 000
-
-
income
67
100
-
-
total
67
100
-
-
Dividends
600
900
-
-
withholding
30
45
-
-
total
30
45
-
-
Income
1 000
1 000
1 000
1 000
Total tax
220
145
239
264
After tax
780
855
761
736
Living cost
210
210
210
210
Free-cash
570
645
551
526

Estimated living cost  is $210 per week

$139
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.
$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 Source
Varna , Bulgaria
$576
$638
$601
$695
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
-
-
-
1 000
unemployment
-
-
-
2
health
-
-
-
49
pensions

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

-
-
-
63
income
-
-
-
150
total
-
-
-
264
Employee
212
-
916
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
income
21
-
92
-
pensions

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

19
-
38
-
health
10
-
20
-
total
52
-
155
-
Employer
212
-
916
-
pensions

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

23
-
47
-
health
15
-
29
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
unemployment
1
-
3
-
total
41
-
84
-
Corporate
746
1 000
-
-
income
75
100
-
-
total
75
100
-
-
Dividends
671
900
-
-
withholding
34
45
-
-
total
34
45
-
-
Income
1 000
1 000
1 000
1 000
Total tax
202
145
239
264
After tax
798
855
761
736
Living cost
160
160
160
160
Free-cash
638
695
601
576

Estimated living cost  is $160 per week

$94
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$11
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
Larnaca , Cyprus
$453
$384
$447
$441
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
-
-
-
1 000
health
-
-
-
26
social contributions
-
-
-
156
income
-
-
-
82
total
-
-
-
264
Employee
941
941
941
-
income
102
87
88
-
social contributions
36
78
75
-
health
7
16
15
-
total
145
181
178
-
Employer
941
941
941
-
social contributions
36
78
75
-
health
8
17
17
-
total
44
95
92
-
Corporate
528
-
-
-
income
66
-
-
-
total
66
-
-
-
Dividends
462
-
-
-
withholding
78
-
-
-
total
78
-
-
-
Income
1 000
1 000
1 000
1 000
Total tax
333
276
270
264
After tax
667
724
730
736
Living cost
283
283
283
283
Free-cash
384
441
447
453

Estimated living cost  is $283 per week

$170
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.
$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.
$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
Limassol , Cyprus
$339
$286
$333
$327
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
-
-
-
1 000
health
-
-
-
26
social contributions
-
-
-
156
income
-
-
-
82
total
-
-
-
264
Employee
941
941
941
-
income
99
87
88
-
social contributions
46
78
75
-
health
9
16
15
-
total
154
181
178
-
Employer
941
941
941
-
social contributions
46
78
75
-
health
10
17
17
-
total
56
95
92
-
Corporate
393
-
-
-
income
49
-
-
-
total
49
-
-
-
Dividends
344
-
-
-
withholding
58
-
-
-
total
58
-
-
-
Income
1 000
1 000
1 000
1 000
Total tax
317
276
270
264
After tax
683
724
730
736
Living cost
397
397
397
397
Free-cash
286
327
333
339

Estimated living cost  is $397 per week

$271
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.
$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.
$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
Brno , Czech Republic
$204
$305
$223
$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
-
-
-
1 000
health
-
-
-
135
social contributions
-
-
-
292
income
-
-
-
86
solidarity contribution
-
-
-
-
total
-
-
-
513
Employee
416
-
746
-
income
50
-
90
-
social contributions
27
-
49
-
health
56
-
101
-
solidarity contribution
-
-
-
-
total
133
-
240
-
Employer
416
-
746
-
social contributions
104
-
187
-
health
37
-
67
-
total
141
-
254
-
Corporate
443
1 000
-
-
income
84
190
-
-
total
84
190
-
-
Dividends
359
810
-
-
withholding
54
121
-
-
total
54
121
-
-
Income
1 000
1 000
1 000
1 000
Total tax
412
311
494
513
After tax
588
689
506
487
Living cost
283
283
283
283
Free-cash
305
406
223
204

Estimated living cost  is $283 per week

$196
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.
$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.
$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
Prague , Czech Republic
$139
$217
$158
$341
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
-
-
-
1 000
health
-
-
-
135
social contributions
-
-
-
292
income
-
-
-
86
solidarity contribution
-
-
-
-
total
-
-
-
513
Employee
512
-
746
-
income
61
-
90
-
social contributions
33
-
49
-
health
69
-
101
-
solidarity contribution
-
-
-
-
total
163
-
240
-
Employer
512
-
746
-
social contributions
128
-
187
-
health
46
-
67
-
total
174
-
254
-
Corporate
314
1 000
-
-
income
60
190
-
-
total
60
190
-
-
Dividends
254
810
-
-
withholding
38
121
-
-
total
38
121
-
-
Income
1 000
1 000
1 000
1 000
Total tax
435
311
494
513
After tax
565
689
506
487
Living cost
348
348
348
348
Free-cash
217
341
158
139

Estimated living cost  is $348 per week

$259
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.
$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.
$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
Copenhagen , Denmark
$39
-$1674
-$1674
-$1674
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
-
-
-
1 000
national
-
-
-
103
pensions
-
-
-
11
municipal
-
-
-
177
labour market
-
-
-
79
total
-
-
-
370
Employee
2 496
2 496
2 496
-
municipal
531
531
531
-
national
305
305
305
-
pensions
4
4
4
-
labour market
199
199
199
-
total
1 039
1 039
1 039
-
Employer
2 496
2 496
2 496
-
pensions
7
7
7
-
labour market
200
200
200
-
municipal
532
532
532
-
national
305
305
305
-
total
1 044
1 044
1 044
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
1 000
1 000
1 000
1 000
Total tax
2 083
2 083
2 083
370
After tax
-1 083
-1 083
-1 083
630
Living cost
591
591
591
591
Free-cash
-1 674
-1 674
-1 674
39

Estimated living cost  is $591 per week

$405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$52
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$9
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.
$125
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
$240
$428
$281
$504
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
-
-
-
1 000
health
-
-
-
130
pensions
-
-
-
200
income
-
-
-
134
total
-
-
-
464
Employee
347
-
747
-
unemployment
6
-
12
-
income
39
-
144
-
pensions
7
-
15
-
total
52
-
171
-
Employer
347
-
747
-
pensions
69
-
149
-
health
45
-
97
-
unemployment
3
-
6
-
total
117
-
252
-
Corporate
535
1 000
-
-
income
107
200
-
-
total
107
200
-
-
Dividends
428
800
-
-
total
-
-
-
-
Income
1 000
1 000
1 000
1 000
Total tax
276
200
423
464
After tax
724
800
577
536
Living cost
296
296
296
296
Free-cash
428
504
281
240

Estimated living cost  is $296 per week

$203
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.
$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.
$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
Helsinki , Finland
$265
$162
$118
$211
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

-
-
-
1 000
national
-
-
-
77
health
-
-
-
10
municipal
-
-
-
178
total
-
-
-
265
Employee
644
-
841
-
unemployment
10
-
13
-
municipal
105
-
138
-
national
11
-
38
-
pensions
43
-
57
-
health
5
-
8
-
total
174
-
254
-
Employer
644
-
841
-
pensions
112
-
146
-
health
5
-
6
-
accident
1
-
1
-
unemployment
4
-
5
-
total
122
-
158
-
Corporate
234
1 000
-
-
income
47
200
-
-
total
47
200
-
-
Dividends

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

141
600
-
-
municipal
25
108
-
-
national
-
11
-
-
total
25
119
-
-
Income
1 000
1 000
1 000
1 000
Total tax
368
319
412
265
After tax
632
681
588
735
Living cost
470
470
470
470
Free-cash
162
211
118
265

Estimated living cost  is $470 per week

$307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$45
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.
$110
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
$203
$195
$212
$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
-
-
-
1 000
surtax
-
-
-
-
health
-
-
-
9
pensions
-
-
-
289
social contributions
-
-
-
28
income
-
-
-
63
other
-
-
-
31
total
-
-
-
420
Employee
468
-
762
-
income
24
-
66
-
surtax
-
-
-
-
social contributions
13
-
22
-
pensions
53
-
86
-
total
90
-
174
-
Employer
468
-
762
-
pensions
77
-
125
-
social contributions
1
-
2
-
other
16
-
26
-
health
33
-
53
-
unemployment
19
-
31
-
total
146
-
237
-
Corporate
386
1 000
-
-
income
108
280
-
-
surtax
-
-
-
-
total
108
280
-
-
Dividends
278
720
-
-
withholding
36
92
-
-
social contributions
48
124
-
-
surtax
-
-
-
-
total
84
216
-
-
Income
1 000
1 000
1 000
1 000
Total tax
428
496
411
420
After tax
572
504
589
580
Living cost
377
377
377
377
Free-cash
195
127
212
203

Estimated living cost  is $377 per week

$219
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.
$113
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
$161
$156
$170
$85
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
-
-
-
1 000
surtax
-
-
-
-
health
-
-
-
9
pensions
-
-
-
289
social contributions
-
-
-
28
income
-
-
-
63
other
-
-
-
31
total
-
-
-
420
Employee
524
-
762
-
income
31
-
66
-
surtax
-
-
-
-
social contributions
15
-
22
-
pensions
59
-
86
-
total
105
-
174
-
Employer
524
-
762
-
pensions
86
-
125
-
social contributions
2
-
2
-
other
18
-
26
-
health
37
-
53
-
unemployment
21
-
31
-
total
164
-
237
-
Corporate
312
1 000
-
-
income
88
280
-
-
surtax
-
-
-
-
total
88
280
-
-
Dividends
225
720
-
-
withholding
29
92
-
-
social contributions
39
124
-
-
surtax
-
-
-
-
total
68
216
-
-
Income
1 000
1 000
1 000
1 000
Total tax
425
496
411
420
After tax
575
504
589
580
Living cost
419
419
419
419
Free-cash
156
85
170
161

Estimated living cost  is $419 per week

$264
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.
$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.
$114
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
-$11
-$6
-$2
-$87
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
-
-
-
1 000
surtax
-
-
-
-
health
-
-
-
9
pensions
-
-
-
289
social contributions
-
-
-
28
income
-
-
-
63
other
-
-
-
31
total
-
-
-
420
Employee
767
-
762
-
income
67
-
66
-
surtax
-
-
-
-
social contributions
22
-
22
-
pensions
87
-
86
-
total
176
-
174
-
Employer
767
-
762
-
pensions
126
-
125
-
social contributions
2
-
2
-
other
26
-
26
-
health
54
-
53
-
unemployment
31
-
31
-
total
239
-
237
-
Corporate
-
1 000
-
-
income
-
280
-
-
surtax
-
-
-
-
total
-
280
-
-
Dividends
-
720
-
-
withholding
-
92
-
-
social contributions
-
124
-
-
surtax
-
-
-
-
total
-
216
-
-
Income
1 000
1 000
1 000
1 000
Total tax
415
496
411
420
After tax
585
504
589
580
Living cost
591
591
591
591
Free-cash
-6
-87
-2
-11

Estimated living cost  is $591 per week

$400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$48
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
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.
$135
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
$911
$856
$721
$871
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%.

-
-
-
1 000
microenterprise

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

-
-
-
10
total
-
-
-
10
Employee
99
-
1 000
-
income
20
-
200
-
total
20
-
200
-
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%.

901
1 000
-
-
total
-
-
-
-
Dividends
901
1 000
-
-
withholding
45
50
-
-
total
45
50
-
-
Income
1 000
1 000
1 000
1 000
Total tax
65
50
200
10
After tax
935
950
800
990
Living cost
79
79
79
79
Free-cash
856
871
721
911

Estimated living cost  is $79 per week

$49
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$7
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.
$21
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
$867
$804
$677
$827
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%.

-
-
-
1 000
microenterprise

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

-
-
-
10
total
-
-
-
10
Employee
154
-
1 000
-
income
31
-
200
-
total
31
-
200
-
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%.

846
1 000
-
-
total
-
-
-
-
Dividends
846
1 000
-
-
withholding
42
50
-
-
total
42
50
-
-
Income
1 000
1 000
1 000
1 000
Total tax
73
50
200
10
After tax
927
950
800
990
Living cost
123
123
123
123
Free-cash
804
827
677
867

Estimated living cost  is $123 per week

$84
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.
$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.
$31
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
$200
$204
$262
$45
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.

-
-
-
1 000
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.

-
-
-
9
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.

-
-
-
84
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.

-
-
-
172
trade
-
-
-
62
total
-
-
-
327
Employee

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

609
-
1 000
-
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.

50
-
172
-
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
-
9
-
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.

84
-
84
-
total
137
-
265
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
391
1 000
-
-
trade
56
143
-
-
income
59
150
-
-
chamber of commerce
2
3
-
-
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
8
-
-
total
120
304
-
-
Dividends
271
695
-
-
withholding
63
169
-
-
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
9
-
-
total
66
178
-
-
Income
1 000
1 000
1 000
1 000
Total tax
323
482
265
327
After tax
677
518
735
673
Living cost
473
473
473
473
Free-cash
204
45
262
200

Estimated living cost  is $473 per week

$326
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$51
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.
$89
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
$296
$269
$364
$136
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.

-
-
-
1 000
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.

-
-
-
9
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.

-
-
-
84
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.

-
-
-
172
trade
-
-
-
68
total
-
-
-
333
Employee

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

468
-
1 000
-
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.

13
-
172
-
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
-
9
-
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.

84
-
84
-
total
98
-
265
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
532
1 000
-
-
trade
84
157
-
-
income
80
150
-
-
chamber of commerce
3
3
-
-
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
8
-
-
total
171
318
-
-
Dividends
361
681
-
-
withholding
86
166
-
-
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.

5
9
-
-
total
91
175
-
-
Income
1 000
1 000
1 000
1 000
Total tax
360
493
265
333
After tax
640
507
735
667
Living cost
371
371
371
371
Free-cash
269
136
364
296

Estimated living cost  is $371 per week

$233
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$43
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.
$87
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
$183
$193
$254
$21
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.

-
-
-
1 000
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.

-
-
-
9
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.

-
-
-
84
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.

-
-
-
172
trade
-
-
-
71
total
-
-
-
336
Employee

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

621
-
1 000
-
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.

53
-
172
-
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
-
9
-
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.

84
-
84
-
total
140
-
265
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
379
1 000
-
-
trade
62
164
-
-
income
57
150
-
-
chamber of commerce
2
3
-
-
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
8
-
-
total
124
325
-
-
Dividends
254
674
-
-
withholding
59
164
-
-
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
9
-
-
total
62
173
-
-
Income
1 000
1 000
1 000
1 000
Total tax
326
498
265
336
After tax
674
502
735
664
Living cost
481
481
481
481
Free-cash
193
21
254
183

Estimated living cost  is $481 per week

$322
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$51
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.
$101
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
$100
$133
$174
-$65
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.

-
-
-
1 000
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.

-
-
-
9
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.

-
-
-
84
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.

-
-
-
172
trade
-
-
-
74
total
-
-
-
339
Employee

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

736
-
1 000
-
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.

87
-
172
-
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.

5
-
9
-
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.

84
-
84
-
total
176
-
265
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
264
1 000
-
-
trade
45
172
-
-
income
40
150
-
-
chamber of commerce
2
3
-
-
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
8
-
-
total
89
333
-
-
Dividends
175
667
-
-
withholding
39
162
-
-
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
9
-
-
total
41
171
-
-
Income
1 000
1 000
1 000
1 000
Total tax
306
504
265
339
After tax
694
496
735
661
Living cost
561
561
561
561
Free-cash
133
-65
174
100

Estimated living cost  is $561 per week

$410
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$45
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.
$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

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
$262
$314
$244
$354
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
-
-
-
1 000
surtax
-
-
-
18
unemployment
-
-
-
3
health
-
-
-
71
pensions
-
-
-
200
income
-
-
-
171
other
-
-
-
-
total
-
-
-
463
Employee
412
-
826
-
unemployment
29
-
57
-
other
-
-
-
-
income
69
-
159
-
surtax
1
-
15
-
pensions
28
-
55
-
health
11
-
21
-
total
138
-
307
-
Employer
412
-
826
-
pensions
55
-
110
-
other
-
-
-
-
health
19
-
38
-
unemployment
13
-
26
-
total
87
-
174
-
Corporate
501
1 000
-
-
income
130
260
-
-
total
130
260
-
-
Dividends
371
740
-
-
withholding
56
111
-
-
total
56
111
-
-
Income
1 000
1 000
1 000
1 000
Total tax
411
371
481
463
After tax
589
629
519
537
Living cost
275
275
275
275
Free-cash
314
354
244
262

Estimated living cost  is $275 per week

$166
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.
$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
Thessaloniki , Greece
$267
$321
$249
$359
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
-
-
-
1 000
surtax
-
-
-
18
unemployment
-
-
-
3
health
-
-
-
71
pensions
-
-
-
200
income
-
-
-
171
other
-
-
-
-
total
-
-
-
463
Employee
405
-
826
-
unemployment
28
-
57
-
other
-
-
-
-
income
68
-
159
-
surtax
1
-
15
-
pensions
27
-
55
-
health
10
-
21
-
total
134
-
307
-
Employer
405
-
826
-
pensions
54
-
110
-
other
-
-
-
-
health
18
-
38
-
unemployment
13
-
26
-
total
85
-
174
-
Corporate
510
1 000
-
-
income
133
260
-
-
total
133
260
-
-
Dividends
377
740
-
-
withholding
57
111
-
-
total
57
111
-
-
Income
1 000
1 000
1 000
1 000
Total tax
409
371
481
463
After tax
591
629
519
537
Living cost
270
270
270
270
Free-cash
321
359
249
267

Estimated living cost  is $270 per week

$165
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.
$74
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
$450
$328
$336
$322
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
-
-
-
1 000
unemployment
-
-
-
15
health
-
-
-
70
pensions
-
-
-
100
income
-
-
-
122
total
-
-
-
307
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.

351
140
837
-
unemployment
5
2
13
-
income
43
17
102
-
pensions
35
14
84
-
health
25
10
59
-
total
108
43
258
-
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.

351
140
837
-
pensions
68
27
163
-
total
68
27
163
-
Corporate
581
833
-
-
income
52
75
-
-
total
52
75
-
-
Dividends
528
758
-
-
withholding
100
144
-
-
social contributions
101
146
-
-
total
201
290
-
-
Income
1 000
1 000
1 000
1 000
Total tax
429
435
421
307
After tax
571
565
579
693
Living cost
243
243
243
243
Free-cash
328
322
336
450

Estimated living cost  is $243 per week

$166
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.
$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 Source
Reykjavik , Iceland
$16
-$2
$24
$31
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
-
-
-
1 000
national
-
-
-
158
pensions
-
-
-
120
social contributions
-
-
-
11
municipal
-
-
-
102
total
-
-
-
391
Employee
919
-
864
-
municipal
113
-
106
-
national
176
-
164
-
pensions
37
-
35
-
total
326
-
305
-
Employer
919
-
864
-
pensions
73
-
69
-
social contributions
10
-
9
-
total
83
-
78
-
Corporate
-
1 000
-
-
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%.

-
200
-
-
total
-
200
-
-
Dividends
-
800
-
-
withholding
-
176
-
-
total
-
176
-
-
Income
1 000
1 000
1 000
1 000
Total tax
409
376
383
391
After tax
591
624
617
609
Living cost
593
593
593
593
Free-cash
-2
31
24
16

Estimated living cost  is $593 per week

$403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$55
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$9
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.
$126
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
$21
$30
$21
$3
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
-
-
-
1 000
social contributions
-
-
-
84
income
-
-
-
198
total
-
-
-
282
Employee
958
-
1 000
-
social contributions
80
-
84
-
income
181
-
198
-
total
261
-
282
-
Employer
958
-
1 000
-
total
-
-
-
-
Corporate
42
1 000
-
-
income
5
125
-
-
total
5
125
-
-
Dividends
37
875
-
-
withholding
7
175
-
-
total
7
175
-
-
Income
1 000
1 000
1 000
1 000
Total tax
273
300
282
282
After tax
727
700
718
718
Living cost
697
697
697
697
Free-cash
30
3
21
21

Estimated living cost  is $697 per week

$530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$57
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.
$103
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
$12
-$89
-$34
$17
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
-
-
-
1 000
national
-
-
-
197
regional
-
-
-
11
social contributions
-
-
-
257
municipal
-
-
-
6
total
-
-
-
471
Employee
1 088
-
1 000
-
municipal
6
-
5
-
national
189
-
166
-
social contributions
367
-
337
-
regional
10
-
9
-
total
572
-
517
-
Employer
1 088
-
1 000
-
total
-
-
-
-
Corporate
-
1 000
-
-
nationa
-
240
-
-
municipal
-
39
-
-
total
-
279
-
-
Dividends
-
721
-
-
withholding
-
187
-
-
total
-
187
-
-
Income
1 000
1 000
1 000
1 000
Total tax
572
466
517
471
After tax
428
534
483
529
Living cost
517
517
517
517
Free-cash
-89
17
-34
12

Estimated living cost  is $517 per week

$360
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.
$8
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.
$115
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
$195
$168
$149
$195
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
-
-
-
1 000
national
-
-
-
197
regional
-
-
-
15
social contributions
-
-
-
257
municipal
-
-
-
6
total
-
-
-
475
Employee
679
-
1 000
-
municipal
4
-
5
-
national
108
-
166
-
social contributions
229
-
337
-
regional
9
-
13
-
total
350
-
521
-
Employer
679
-
1 000
-
total
-
-
-
-
Corporate
321
1 000
-
-
nationa
77
240
-
-
municipal
16
50
-
-
total
93
290
-
-
Dividends
228
710
-
-
withholding
59
185
-
-
total
59
185
-
-
Income
1 000
1 000
1 000
1 000
Total tax
502
475
521
475
After tax
498
525
479
525
Living cost
330
330
330
330
Free-cash
168
195
149
195

Estimated living cost  is $330 per week

$205
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.
$86
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