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
$ 1050
per

Your estimated
City
free-cash

Andorra , Andorra
$438
$535
$467
$577
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
-
-
-
1 050
social contributions
-
-
-
231
income
-
-
-
13
total
-
-
-
244
Employee
394
-
909
-
social contributions
26
-
59
-
income
-
-
15
-
total
26
-
74
-
Employer
394
-
909
-
social contributions
61
-
141
-
total
61
-
141
-
Corporate
595
1 050
-
-
income
60
105
-
-
total
60
105
-
-
Dividends
536
945
-
-
total
-
-
-
-
Income
1 050
1 050
1 050
1 050
Total tax
147
105
215
244
After tax
903
945
835
806
Living cost
368
368
368
368
Free-cash
535
577
467
438

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
$165
$197
-$42
$202
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
-
-
-
1 050
surtax
-
-
-
-
unemployment
-
-
-
75
health
-
-
-
80
chamber of commerce
-
-
-
4
pensions
-
-
-
194
income
-
-
-
141
total
-
-
-
494
Employee
535
488
815
-
unemployment
16
15
24
-
other
5
5
8
-
income
48
36
128
-
pensions
55
50
83
-
health
21
19
32
-
total
145
125
275
-
Employer
535
488
815
-
pensions
67
61
102
-
surtax
-
-
-
-
payroll
16
15
24
-
other
25
23
39
-
health
20
18
31
-
accident
7
6
11
-
unemployment
16
15
24
-
chamber of commerce
2
2
3
-
total
153
140
234
-
Corporate
361
422
769
-
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.

90
105
192
-
total
90
105
192
-
Dividends
271
316
-
-
withholding
74
87
-
-
total
74
87
-
-
Income
1 050
1 050
1 050
1 050
Total tax
462
457
701
494
After tax
588
593
349
556
Living cost
391
391
391
391
Free-cash
197
202
-42
165

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
$123
$142
-$82
$161
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
-
-
-
1 050
surtax
-
-
-
2
unemployment
-
-
-
75
health
-
-
-
80
chamber of commerce
-
-
-
4
pensions
-
-
-
194
income
-
-
-
141
total
-
-
-
496
Employee
612
488
813
-
unemployment
18
15
24
-
other
6
5
8
-
income
70
36
127
-
pensions
63
50
83
-
health
24
19
31
-
total
181
125
273
-
Employer
612
488
813
-
pensions
77
61
102
-
surtax
2
2
2
-
payroll
18
15
24
-
other
29
23
39
-
health
23
18
31
-
accident
8
6
11
-
unemployment
18
15
24
-
chamber of commerce
2
2
3
-
total
177
142
236
-
Corporate
260
419
767
-
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.

65
105
192
-
total
65
105
192
-
Dividends
195
315
-
-
withholding
54
86
-
-
total
54
86
-
-
Income
1 050
1 050
1 050
1 050
Total tax
477
458
701
496
After tax
573
592
349
554
Living cost
431
431
431
431
Free-cash
142
161
-82
123

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
$66
-$81
-$26
$144
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
-
-
-
1 050
national
-
-
-
330
communal

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

-
-
-
54
social contributions
-
-
-
154
total
-
-
-
538
Employee

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

876
-
813
-
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
-
245
-
communal

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

46
-
42
-
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
-
61
-
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
-
38
-
total
430
-
393
-
Employer

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

876
-
813
-
surtax
99
-
92
-
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
-
72
-
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
-
50
-
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
-
11
-
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
-
12
-
total
255
-
237
-
Corporate
-
1 050
-
-
income
-
210
-
-
surtax
-
4
-
-
total
-
214
-
-
Dividends
-
836
-
-
withholding

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

-
246
-
-
total
-
246
-
-
Income
1 050
1 050
1 050
1 050
Total tax
685
460
630
538
After tax
365
590
420
512
Living cost
446
446
446
446
Free-cash
-81
144
-26
66

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
$569
$613
$597
$688
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
-
-
-
1 050
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
-
-
-
157
total
-
-
-
271
Employee
278
-
966
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
income
28
-
97
-
pensions

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

24
-
37
-
health
13
-
20
-
total
68
-
159
-
Employer
278
-
966
-
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
717
1 050
-
-
income
72
105
-
-
total
72
105
-
-
Dividends
645
945
-
-
withholding
32
47
-
-
total
32
47
-
-
Income
1 050
1 050
1 050
1 050
Total tax
227
152
243
271
After tax
823
898
807
779
Living cost
210
210
210
210
Free-cash
613
688
597
569

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
$619
$681
$647
$738
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
-
-
-
1 050
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
-
-
-
157
total
-
-
-
271
Employee
212
-
966
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
income
21
-
97
-
pensions

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

19
-
37
-
health
10
-
20
-
total
52
-
159
-
Employer
212
-
966
-
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
796
1 050
-
-
income
80
105
-
-
total
80
105
-
-
Dividends
717
945
-
-
withholding
36
47
-
-
total
36
47
-
-
Income
1 050
1 050
1 050
1 050
Total tax
209
152
243
271
After tax
841
898
807
779
Living cost
160
160
160
160
Free-cash
681
738
647
619

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
$485
$420
$485
$487
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
-
-
-
1 050
health
-
-
-
27
social contributions
-
-
-
164
income
-
-
-
91
total
-
-
-
282
Employee
941
941
953
-
income
102
87
90
-
social contributions
36
78
79
-
health
7
16
16
-
total
145
181
185
-
Employer
941
941
953
-
social contributions
36
78
79
-
health
8
17
18
-
total
44
95
97
-
Corporate
578
13
-
-
income
72
2
-
-
total
72
2
-
-
Dividends
505
12
-
-
withholding
86
2
-
-
total
86
2
-
-
Income
1 050
1 050
1 050
1 050
Total tax
347
280
282
282
After tax
703
770
768
768
Living cost
283
283
283
283
Free-cash
420
487
485
485

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
$371
$322
$371
$373
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
-
-
-
1 050
health
-
-
-
27
social contributions
-
-
-
164
income
-
-
-
91
total
-
-
-
282
Employee
941
941
953
-
income
99
87
90
-
social contributions
46
78
79
-
health
9
16
16
-
total
154
181
185
-
Employer
941
941
953
-
social contributions
46
78
79
-
health
10
17
18
-
total
56
95
97
-
Corporate
443
13
-
-
income
55
2
-
-
total
55
2
-
-
Dividends
388
12
-
-
withholding
66
2
-
-
total
66
2
-
-
Income
1 050
1 050
1 050
1 050
Total tax
331
280
282
282
After tax
719
770
768
768
Living cost
397
397
397
397
Free-cash
322
373
371
371

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
$228
$339
$249
$439
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
-
-
-
1 050
health
-
-
-
142
social contributions
-
-
-
307
income
-
-
-
90
solidarity contribution
-
-
-
-
total
-
-
-
539
Employee
415
-
784
-
income
50
-
94
-
social contributions
27
-
51
-
health
56
-
106
-
solidarity contribution
-
-
-
-
total
133
-
251
-
Employer
415
-
784
-
social contributions
104
-
196
-
health
37
-
71
-
total
141
-
267
-
Corporate
493
1 050
-
-
income
94
200
-
-
total
94
200
-
-
Dividends
400
850
-
-
withholding
60
128
-
-
total
60
128
-
-
Income
1 050
1 050
1 050
1 050
Total tax
428
328
518
539
After tax
622
722
532
511
Living cost
283
283
283
283
Free-cash
339
439
249
228

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
$163
$252
$184
$374
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
-
-
-
1 050
health
-
-
-
142
social contributions
-
-
-
307
income
-
-
-
90
solidarity contribution
-
-
-
-
total
-
-
-
539
Employee
512
-
784
-
income
61
-
94
-
social contributions
33
-
51
-
health
69
-
106
-
solidarity contribution
-
-
-
-
total
163
-
251
-
Employer
512
-
784
-
social contributions
128
-
196
-
health
46
-
71
-
total
174
-
267
-
Corporate
364
1 050
-
-
income
69
200
-
-
total
69
200
-
-
Dividends
295
850
-
-
withholding
44
128
-
-
total
44
128
-
-
Income
1 050
1 050
1 050
1 050
Total tax
450
328
518
539
After tax
600
722
532
511
Living cost
348
348
348
348
Free-cash
252
374
184
163

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
$68
-$1624
-$1624
-$1624
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
-
-
-
1 050
national
-
-
-
109
pensions
-
-
-
11
municipal
-
-
-
188
labour market
-
-
-
83
total
-
-
-
391
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
1 050
1 050
1 050
1 050
Total tax
2 083
2 083
2 083
391
After tax
-1 033
-1 033
-1 033
659
Living cost
591
591
591
591
Free-cash
-1 624
-1 624
-1 624
68

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
$267
$468
$309
$544
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
-
-
-
1 050
health
-
-
-
136
pensions
-
-
-
210
income
-
-
-
141
total
-
-
-
487
Employee
347
-
785
-
unemployment
6
-
13
-
income
39
-
151
-
pensions
7
-
16
-
total
52
-
180
-
Employer
347
-
785
-
pensions
69
-
157
-
health
45
-
102
-
unemployment
3
-
6
-
total
117
-
265
-
Corporate
585
1 050
-
-
income
117
210
-
-
total
117
210
-
-
Dividends
468
840
-
-
total
-
-
-
-
Income
1 050
1 050
1 050
1 050
Total tax
286
210
445
487
After tax
764
840
605
563
Living cost
296
296
296
296
Free-cash
468
544
309
267

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
$295
$196
$142
$242
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

-
-
-
1 050
national
-
-
-
87
health
-
-
-
11
municipal
-
-
-
187
total
-
-
-
285
Employee
644
-
883
-
unemployment
10
-
13
-
municipal
105
-
144
-
national
11
-
45
-
pensions
43
-
60
-
health
5
-
9
-
total
174
-
271
-
Employer
644
-
883
-
pensions
112
-
153
-
health
5
-
7
-
accident
1
-
1
-
unemployment
4
-
6
-
total
122
-
167
-
Corporate
284
1 050
-
-
income
57
210
-
-
total
57
210
-
-
Dividends

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

171
630
-
-
municipal
31
113
-
-
national
-
15
-
-
total
31
128
-
-
Income
1 050
1 050
1 050
1 050
Total tax
384
338
438
285
After tax
666
712
612
765
Living cost
470
470
470
470
Free-cash
196
242
142
295

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
$232
$221
$234
$152
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
-
-
-
1 050
surtax
-
-
-
-
health
-
-
-
10
pensions
-
-
-
293
social contributions
-
-
-
30
income
-
-
-
75
other
-
-
-
33
total
-
-
-
441
Employee
468
-
800
-
income
24
-
76
-
surtax
-
-
-
-
social contributions
13
-
23
-
pensions
53
-
91
-
total
90
-
190
-
Employer
468
-
800
-
pensions
77
-
131
-
social contributions
1
-
2
-
other
16
-
28
-
health
33
-
56
-
unemployment
19
-
32
-
total
146
-
249
-
Corporate
436
1 050
-
-
income
122
294
-
-
surtax
-
-
-
-
total
122
294
-
-
Dividends
314
756
-
-
withholding
40
97
-
-
social contributions
54
130
-
-
surtax
-
-
-
-
total
94
227
-
-
Income
1 050
1 050
1 050
1 050
Total tax
452
521
439
441
After tax
598
529
611
609
Living cost
377
377
377
377
Free-cash
221
152
234
232

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
$190
$183
$192
$110
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
-
-
-
1 050
surtax
-
-
-
-
health
-
-
-
10
pensions
-
-
-
293
social contributions
-
-
-
30
income
-
-
-
75
other
-
-
-
33
total
-
-
-
441
Employee
524
-
800
-
income
31
-
76
-
surtax
-
-
-
-
social contributions
15
-
23
-
pensions
59
-
91
-
total
105
-
190
-
Employer
524
-
800
-
pensions
86
-
131
-
social contributions
2
-
2
-
other
18
-
28
-
health
37
-
56
-
unemployment
21
-
32
-
total
164
-
249
-
Corporate
362
1 050
-
-
income
101
294
-
-
surtax
-
-
-
-
total
101
294
-
-
Dividends
261
756
-
-
withholding
33
97
-
-
social contributions
45
130
-
-
surtax
-
-
-
-
total
78
227
-
-
Income
1 050
1 050
1 050
1 050
Total tax
448
521
439
441
After tax
602
529
611
609
Living cost
419
419
419
419
Free-cash
183
110
192
190

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
$18
$23
$20
-$62
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
-
-
-
1 050
surtax
-
-
-
-
health
-
-
-
10
pensions
-
-
-
293
social contributions
-
-
-
30
income
-
-
-
75
other
-
-
-
33
total
-
-
-
441
Employee
767
-
800
-
income
67
-
76
-
surtax
-
-
-
-
social contributions
22
-
23
-
pensions
87
-
91
-
total
176
-
190
-
Employer
767
-
800
-
pensions
126
-
131
-
social contributions
2
-
2
-
other
26
-
28
-
health
54
-
56
-
unemployment
31
-
32
-
total
239
-
249
-
Corporate
44
1 050
-
-
income
12
294
-
-
surtax
-
-
-
-
total
12
294
-
-
Dividends
32
756
-
-
withholding
4
97
-
-
social contributions
5
130
-
-
surtax
-
-
-
-
total
9
227
-
-
Income
1 050
1 050
1 050
1 050
Total tax
436
521
439
441
After tax
614
529
611
609
Living cost
591
591
591
591
Free-cash
23
-62
20
18

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
$960
$903
$761
$918
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%.

-
-
-
1 050
microenterprise

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

-
-
-
11
total
-
-
-
11
Employee
99
-
1 050
-
income
20
-
210
-
total
20
-
210
-
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%.

951
1 050
-
-
total
-
-
-
-
Dividends
951
1 050
-
-
withholding
48
53
-
-
total
48
53
-
-
Income
1 050
1 050
1 050
1 050
Total tax
68
53
210
11
After tax
982
997
840
1 039
Living cost
79
79
79
79
Free-cash
903
918
761
960

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
$916
$851
$717
$874
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%.

-
-
-
1 050
microenterprise

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

-
-
-
11
total
-
-
-
11
Employee
154
-
1 050
-
income
31
-
210
-
total
31
-
210
-
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%.

896
1 050
-
-
total
-
-
-
-
Dividends
896
1 050
-
-
withholding
45
53
-
-
total
45
53
-
-
Income
1 050
1 050
1 050
1 050
Total tax
76
53
210
11
After tax
974
997
840
1 039
Living cost
123
123
123
123
Free-cash
851
874
717
916

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
$224
$228
$293
$69
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.

-
-
-
1 050
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.

-
-
-
10
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.

-
-
-
190
trade
-
-
-
69
total
-
-
-
353
Employee

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

609
-
1 050
-
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
-
190
-
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
-
10
-
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
-
284
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
441
1 050
-
-
trade
63
151
-
-
income
66
157
-
-
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
9
-
-
total
136
320
-
-
Dividends
305
730
-
-
withholding
72
178
-
-
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
10
-
-
total
76
188
-
-
Income
1 050
1 050
1 050
1 050
Total tax
349
508
284
353
After tax
701
542
766
697
Living cost
473
473
473
473
Free-cash
228
69
293
224

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
$319
$295
$395
$161
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.

-
-
-
1 050
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.

-
-
-
10
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.

-
-
-
190
trade
-
-
-
76
total
-
-
-
360
Employee

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

468
-
1 050
-
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
-
190
-
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
-
10
-
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
-
284
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
582
1 050
-
-
trade
92
165
-
-
income
87
157
-
-
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.

5
9
-
-
total
187
334
-
-
Dividends
395
715
-
-
withholding
94
174
-
-
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
10
-
-
total
99
184
-
-
Income
1 050
1 050
1 050
1 050
Total tax
384
518
284
360
After tax
666
532
766
690
Living cost
371
371
371
371
Free-cash
295
161
395
319

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
$206
$217
$285
$46
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.

-
-
-
1 050
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.

-
-
-
10
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.

-
-
-
190
trade
-
-
-
79
total
-
-
-
363
Employee

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

621
-
1 050
-
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
-
190
-
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
-
10
-
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
-
284
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
429
1 050
-
-
trade
71
173
-
-
income
64
157
-
-
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.

4
9
-
-
total
141
342
-
-
Dividends
288
708
-
-
withholding
67
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.

4
9
-
-
total
71
181
-
-
Income
1 050
1 050
1 050
1 050
Total tax
352
523
284
363
After tax
698
527
766
687
Living cost
481
481
481
481
Free-cash
217
46
285
206

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
$123
$157
$205
-$39
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.

-
-
-
1 050
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.

-
-
-
10
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.

-
-
-
190
trade
-
-
-
82
total
-
-
-
366
Employee

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

736
-
1 050
-
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
-
190
-
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
-
10
-
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
-
284
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
314
1 050
-
-
trade
54
180
-
-
income
47
157
-
-
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
9
-
-
total
106
349
-
-
Dividends
208
700
-
-
withholding
47
170
-
-
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
50
179
-
-
Income
1 050
1 050
1 050
1 050
Total tax
332
528
284
366
After tax
718
522
766
684
Living cost
561
561
561
561
Free-cash
157
-39
205
123

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
$282
$346
$263
$385
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
-
-
-
1 050
surtax
-
-
-
20
unemployment
-
-
-
3
health
-
-
-
75
pensions
-
-
-
210
income
-
-
-
185
other
-
-
-
-
total
-
-
-
493
Employee
412
-
867
-
unemployment
29
-
60
-
other
-
-
-
-
income
69
-
171
-
surtax
1
-
18
-
pensions
28
-
58
-
health
11
-
22
-
total
138
-
329
-
Employer
412
-
867
-
pensions
55
-
116
-
other
-
-
-
-
health
19
-
39
-
unemployment
13
-
28
-
total
87
-
183
-
Corporate
551
1 050
-
-
income
143
273
-
-
total
143
273
-
-
Dividends
408
777
-
-
withholding
61
117
-
-
total
61
117
-
-
Income
1 050
1 050
1 050
1 050
Total tax
429
390
512
493
After tax
621
660
538
557
Living cost
275
275
275
275
Free-cash
346
385
263
282

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
$287
$353
$268
$390
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
-
-
-
1 050
surtax
-
-
-
20
unemployment
-
-
-
3
health
-
-
-
75
pensions
-
-
-
210
income
-
-
-
185
other
-
-
-
-
total
-
-
-
493
Employee
405
-
867
-
unemployment
28
-
60
-
other
-
-
-
-
income
68
-
171
-
surtax
1
-
18
-
pensions
27
-
58
-
health
10
-
22
-
total
134
-
329
-
Employer
405
-
867
-
pensions
54
-
116
-
other
-
-
-
-
health
18
-
39
-
unemployment
13
-
28
-
total
85
-
183
-
Corporate
560
1 050
-
-
income
146
273
-
-
total
146
273
-
-
Dividends
414
777
-
-
withholding
62
117
-
-
total
62
117
-
-
Income
1 050
1 050
1 050
1 050
Total tax
427
390
512
493
After tax
623
660
538
557
Living cost
270
270
270
270
Free-cash
353
390
268
287

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
$485
$355
$366
$350
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
-
-
-
1 050
unemployment
-
-
-
16
health
-
-
-
73
pensions
-
-
-
105
income
-
-
-
128
total
-
-
-
322
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
879
-
unemployment
5
2
13
-
income
43
17
107
-
pensions
35
14
88
-
health
25
10
62
-
total
108
43
270
-
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
879
-
pensions
68
27
171
-
total
68
27
171
-
Corporate
631
883
-
-
income
57
79
-
-
total
57
79
-
-
Dividends
574
804
-
-
withholding
109
153
-
-
social contributions
110
155
-
-
total
219
308
-
-
Income
1 050
1 050
1 050
1 050
Total tax
452
457
441
322
After tax
598
593
609
728
Living cost
243
243
243
243
Free-cash
355
350
366
485

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
$45
$48
$53
$62
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
-
-
-
1 050
national
-
-
-
167
pensions
-
-
-
126
social contributions
-
-
-
11
municipal
-
-
-
108
total
-
-
-
412
Employee
919
-
908
-
municipal
113
-
112
-
national
176
-
173
-
pensions
37
-
36
-
total
326
-
321
-
Employer
919
-
908
-
pensions
73
-
73
-
social contributions
10
-
10
-
total
83
-
83
-
Corporate
-
1 050
-
-
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%.

-
210
-
-
total
-
210
-
-
Dividends
-
840
-
-
withholding
-
185
-
-
total
-
185
-
-
Income
1 050
1 050
1 050
1 050
Total tax
409
395
404
412
After tax
641
655
646
638
Living cost
593
593
593
593
Free-cash
48
62
53
45

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
$45
$64
$45
$38
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
-
-
-
1 050
social contributions
-
-
-
90
income
-
-
-
218
total
-
-
-
308
Employee
958
-
1 050
-
social contributions
80
-
90
-
income
181
-
218
-
total
261
-
308
-
Employer
958
-
1 050
-
total
-
-
-
-
Corporate
92
1 050
-
-
income
12
131
-
-
total
12
131
-
-
Dividends
81
919
-
-
withholding
16
184
-
-
total
16
184
-
-
Income
1 050
1 050
1 050
1 050
Total tax
289
315
308
308
After tax
761
735
742
742
Living cost
697
697
697
697
Free-cash
64
38
45
45

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
$35
-$39
-$16
$43
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
-
-
-
1 050
national
-
-
-
211
regional
-
-
-
11
social contributions
-
-
-
270
municipal
-
-
-
6
total
-
-
-
498
Employee
1 088
-
1 050
-
municipal
6
-
6
-
national
189
-
179
-
social contributions
367
-
354
-
regional
10
-
10
-
total
572
-
549
-
Employer
1 088
-
1 050
-
total
-
-
-
-
Corporate
-
1 050
-
-
nationa
-
252
-
-
municipal
-
41
-
-
total
-
293
-
-
Dividends
-
757
-
-
withholding
-
197
-
-
total
-
197
-
-
Income
1 050
1 050
1 050
1 050
Total tax
572
490
549
498
After tax
478
560
501
552
Living cost
517
517
517
517
Free-cash
-39
43
-16
35

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
$217
$194
$167
$222
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
-
-
-
1 050
national
-
-
-
211
regional
-
-
-
16
social contributions
-
-
-
270
municipal
-
-
-
6
total
-
-
-
503
Employee
679
-
1 050
-
municipal
4
-
6
-
national
108
-
179
-
social contributions
229
-
354
-
regional
9
-
14
-
total
350
-
553
-
Employer
679
-
1 050
-
total
-
-
-
-
Corporate
371
1 050
-
-
nationa
89
252
-
-
municipal
18
52
-
-
total
107
304
-
-
Dividends
263
746
-
-
withholding
69
194
-
-
total
69
194
-
-
Income
1 050
1 050
1 050
1 050
Total tax
526
498
553
503
After tax
524
552
497
547
Living cost
330
330
330
330
Free-cash
194
222
167
217

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