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
$ 1100
per

Your estimated
City
free-cash

Andorra , Andorra
$473
$579
$503
$620
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
-
-
-
1 100
social contributions
-
-
-
242
income
-
-
-
15
total
-
-
-
257
Employee
396
-
952
-
social contributions
26
-
62
-
income
-
-
17
-
total
26
-
79
-
Employer
396
-
952
-
social contributions
61
-
148
-
total
61
-
148
-
Corporate
643
1 100
-
-
income
64
110
-
-
total
64
110
-
-
Dividends
579
990
-
-
total
-
-
-
-
Income
1 100
1 100
1 100
1 100
Total tax
151
110
227
257
After tax
949
990
873
843
Living cost
370
370
370
370
Free-cash
579
620
503
473

Estimated living cost  is $370 per week

$239
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.
$96
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
$178
$221
-$35
$226
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
-
-
-
1 100
surtax
-
-
-
-
unemployment
-
-
-
75
health
-
-
-
84
chamber of commerce
-
-
-
4
pensions
-
-
-
204
income
-
-
-
162
total
-
-
-
529
Employee
538
490
854
-
unemployment
16
15
26
-
other
5
5
9
-
income
48
36
139
-
pensions
55
50
87
-
health
21
19
33
-
total
145
125
294
-
Employer
538
490
854
-
pensions
68
62
107
-
surtax
-
-
-
-
payroll
16
15
26
-
other
26
23
41
-
health
20
19
32
-
accident
7
6
11
-
unemployment
16
15
26
-
chamber of commerce
2
2
3
-
total
155
142
246
-
Corporate
407
468
807
-
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.

102
117
202
-
total
102
117
202
-
Dividends
305
351
-
-
withholding
84
97
-
-
total
84
97
-
-
Income
1 100
1 100
1 100
1 100
Total tax
486
481
742
529
After tax
614
619
358
571
Living cost
393
393
393
393
Free-cash
221
226
-35
178

Estimated living cost  is $393 per week

$235
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.
$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

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
$135
$169
-$75
$184
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
-
-
-
1 100
surtax
-
-
-
2
unemployment
-
-
-
75
health
-
-
-
84
chamber of commerce
-
-
-
4
pensions
-
-
-
204
income
-
-
-
162
total
-
-
-
531
Employee
615
490
852
-
unemployment
18
15
26
-
other
6
5
9
-
income
70
36
138
-
pensions
63
50
87
-
health
24
19
33
-
total
181
125
293
-
Employer
615
490
852
-
pensions
77
62
107
-
surtax
2
2
2
-
payroll
18
15
26
-
other
29
23
40
-
health
23
19
32
-
accident
8
6
11
-
unemployment
18
15
26
-
chamber of commerce
2
2
3
-
total
177
144
247
-
Corporate
306
466
806
-
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.

76
117
201
-
total
76
117
201
-
Dividends
229
350
-
-
withholding
63
96
-
-
total
63
96
-
-
Income
1 100
1 100
1 100
1 100
Total tax
497
482
741
531
After tax
603
618
359
569
Living cost
434
434
434
434
Free-cash
169
184
-75
135

Estimated living cost  is $434 per week

$289
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
$83
-$37
-$11
$169
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
-
-
-
1 100
national
-
-
-
347
communal

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

-
-
-
56
social contributions
-
-
-
165
total
-
-
-
568
Employee

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

880
-
852
-
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
271
-
260
-
communal

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

46
-
44
-
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
-
64
-
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
-
40
-
total
432
-
415
-
Employer

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

880
-
852
-
surtax
100
-
97
-
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
-
75
-
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
-
52
-
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
256
-
247
-
Corporate
-
1 100
-
-
income
-
220
-
-
surtax
-
4
-
-
total
-
224
-
-
Dividends
-
876
-
-
withholding

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

-
258
-
-
total
-
258
-
-
Income
1 100
1 100
1 100
1 100
Total tax
688
482
662
568
After tax
412
618
438
532
Living cost
449
449
449
449
Free-cash
-37
169
-11
83

Estimated living cost  is $449 per week

$289
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
$608
$654
$638
$729
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
-
-
-
1 100
unemployment
-
-
-
2
health
-
-
-
49
pensions

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

-
-
-
64
income
-
-
-
165
total
-
-
-
280
Employee
281
-
1 016
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
income
28
-
102
-
pensions

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

25
-
38
-
health
13
-
20
-
total
69
-
165
-
Employer
281
-
1 016
-
pensions

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

31
-
47
-
health
19
-
30
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
unemployment
2
-
3
-
total
55
-
85
-
Corporate
764
1 100
-
-
income
76
110
-
-
total
76
110
-
-
Dividends
688
990
-
-
withholding
34
49
-
-
total
34
49
-
-
Income
1 100
1 100
1 100
1 100
Total tax
234
159
250
280
After tax
866
941
850
820
Living cost
212
212
212
212
Free-cash
654
729
638
608

Estimated living cost  is $212 per week

$140
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.
$55
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
$659
$723
$689
$780
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
-
-
-
1 100
unemployment
-
-
-
2
health
-
-
-
49
pensions

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

-
-
-
64
income
-
-
-
165
total
-
-
-
280
Employee
214
-
1 016
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
income
21
-
102
-
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
-
165
-
Employer
214
-
1 016
-
pensions

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

24
-
47
-
health
15
-
30
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
unemployment
1
-
3
-
total
42
-
85
-
Corporate
844
1 100
-
-
income
84
110
-
-
total
84
110
-
-
Dividends
760
990
-
-
withholding
38
49
-
-
total
38
49
-
-
Income
1 100
1 100
1 100
1 100
Total tax
216
159
250
280
After tax
884
941
850
820
Living cost
161
161
161
161
Free-cash
723
780
689
659

Estimated living cost  is $161 per week

$94
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$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
$513
$454
$512
$519
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
-
-
-
1 100
health
-
-
-
28
social contributions
-
-
-
172
income
-
-
-
102
total
-
-
-
302
Employee
946
946
999
-
income
103
88
102
-
social contributions
36
79
83
-
health
7
16
17
-
total
146
183
202
-
Employer
946
946
999
-
social contributions
36
79
83
-
health
8
18
18
-
total
44
97
101
-
Corporate
625
58
-
-
income
78
7
-
-
total
78
7
-
-
Dividends
547
51
-
-
withholding
93
9
-
-
total
93
9
-
-
Income
1 100
1 100
1 100
1 100
Total tax
361
296
303
302
After tax
739
804
797
798
Living cost
285
285
285
285
Free-cash
454
519
512
513

Estimated living cost  is $285 per week

$171
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.
$80
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
$399
$357
$398
$405
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
-
-
-
1 100
health
-
-
-
28
social contributions
-
-
-
172
income
-
-
-
102
total
-
-
-
302
Employee
946
946
999
-
income
99
88
102
-
social contributions
46
79
83
-
health
9
16
17
-
total
154
183
202
-
Employer
946
946
999
-
social contributions
46
79
83
-
health
10
18
18
-
total
56
97
101
-
Corporate
490
58
-
-
income
61
7
-
-
total
61
7
-
-
Dividends
429
51
-
-
withholding
73
9
-
-
total
73
9
-
-
Income
1 100
1 100
1 100
1 100
Total tax
344
296
303
302
After tax
756
804
797
798
Living cost
399
399
399
399
Free-cash
357
405
398
399

Estimated living cost  is $399 per week

$273
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
$252
$371
$274
$473
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
-
-
-
1 100
health
-
-
-
148
social contributions
-
-
-
321
income
-
-
-
95
solidarity contribution
-
-
-
-
total
-
-
-
564
Employee
418
-
821
-
income
50
-
99
-
social contributions
27
-
53
-
health
56
-
111
-
solidarity contribution
-
-
-
-
total
133
-
263
-
Employer
418
-
821
-
social contributions
105
-
205
-
health
38
-
74
-
total
143
-
279
-
Corporate
540
1 100
-
-
income
103
209
-
-
total
103
209
-
-
Dividends
437
891
-
-
withholding
66
134
-
-
total
66
134
-
-
Income
1 100
1 100
1 100
1 100
Total tax
445
343
542
564
After tax
655
757
558
536
Living cost
284
284
284
284
Free-cash
371
473
274
252

Estimated living cost  is $284 per week

$198
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
$186
$282
$208
$407
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
-
-
-
1 100
health
-
-
-
148
social contributions
-
-
-
321
income
-
-
-
95
solidarity contribution
-
-
-
-
total
-
-
-
564
Employee
515
-
821
-
income
62
-
99
-
social contributions
33
-
53
-
health
70
-
111
-
solidarity contribution
-
-
-
-
total
165
-
263
-
Employer
515
-
821
-
social contributions
129
-
205
-
health
46
-
74
-
total
175
-
279
-
Corporate
410
1 100
-
-
income
78
209
-
-
total
78
209
-
-
Dividends
332
891
-
-
withholding
50
134
-
-
total
50
134
-
-
Income
1 100
1 100
1 100
1 100
Total tax
468
343
542
564
After tax
632
757
558
536
Living cost
350
350
350
350
Free-cash
282
407
208
186

Estimated living cost  is $350 per week

$261
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
$94
-$1588
-$1588
-$1588
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
-
-
-
1 100
national
-
-
-
115
pensions
-
-
-
11
municipal
-
-
-
199
labour market
-
-
-
87
total
-
-
-
412
Employee
2 508
2 508
2 508
-
municipal
534
534
534
-
national
306
306
306
-
pensions
4
4
4
-
labour market
200
200
200
-
total
1 044
1 044
1 044
-
Employer
2 508
2 508
2 508
-
pensions
7
7
7
-
labour market
201
201
201
-
municipal
535
535
535
-
national
307
307
307
-
total
1 050
1 050
1 050
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
1 100
1 100
1 100
1 100
Total tax
2 094
2 094
2 094
412
After tax
-994
-994
-994
688
Living cost
594
594
594
594
Free-cash
-1 588
-1 588
-1 588
94

Estimated living cost  is $594 per week

$407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$53
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
Tallinn , Estonia
$293
$506
$337
$583
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
-
-
-
1 100
health
-
-
-
143
pensions
-
-
-
220
income
-
-
-
147
total
-
-
-
510
Employee
349
-
822
-
unemployment
6
-
13
-
income
39
-
159
-
pensions
7
-
16
-
total
52
-
188
-
Employer
349
-
822
-
pensions
70
-
164
-
health
45
-
107
-
unemployment
3
-
7
-
total
118
-
278
-
Corporate
633
1 100
-
-
income
127
220
-
-
total
127
220
-
-
Dividends
506
880
-
-
total
-
-
-
-
Income
1 100
1 100
1 100
1 100
Total tax
297
220
466
510
After tax
803
880
634
590
Living cost
297
297
297
297
Free-cash
506
583
337
293

Estimated living cost  is $297 per week

$204
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.
$70
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Helsinki , Finland
$323
$228
$166
$269
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

-
-
-
1 100
national
-
-
-
97
health
-
-
-
12
municipal
-
-
-
196
total
-
-
-
305
Employee
647
-
925
-
unemployment
10
-
14
-
municipal
106
-
151
-
national
11
-
51
-
pensions
44
-
62
-
health
5
-
9
-
total
176
-
287
-
Employer
647
-
925
-
pensions
112
-
161
-
health
5
-
7
-
accident
1
-
1
-
unemployment
4
-
6
-
total
122
-
175
-
Corporate
330
1 100
-
-
income
66
220
-
-
total
66
220
-
-
Dividends

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

198
660
-
-
municipal
36
119
-
-
national
-
20
-
-
total
36
139
-
-
Income
1 100
1 100
1 100
1 100
Total tax
400
359
462
305
After tax
700
741
638
795
Living cost
472
472
472
472
Free-cash
228
269
166
323

Estimated living cost  is $472 per week

$309
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.
$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.
$111
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
$259
$245
$254
$176
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
-
-
-
1 100
surtax
-
-
-
-
health
-
-
-
13
pensions
-
-
-
298
social contributions
-
-
-
31
income
-
-
-
86
other
-
-
-
34
total
-
-
-
462
Employee
470
-
838
-
income
24
-
85
-
surtax
-
-
-
-
social contributions
13
-
24
-
pensions
53
-
95
-
total
90
-
204
-
Employer
470
-
838
-
pensions
77
-
138
-
social contributions
1
-
3
-
other
16
-
29
-
health
33
-
59
-
unemployment
19
-
34
-
total
146
-
263
-
Corporate
483
1 100
-
-
income
135
308
-
-
surtax
-
-
-
-
total
135
308
-
-
Dividends
348
792
-
-
withholding
45
101
-
-
social contributions
60
136
-
-
surtax
-
-
-
-
total
105
237
-
-
Income
1 100
1 100
1 100
1 100
Total tax
476
545
467
462
After tax
624
555
633
638
Living cost
379
379
379
379
Free-cash
245
176
254
259

Estimated living cost  is $379 per week

$220
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.
$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
Nice , France
$217
$205
$212
$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
-
-
-
1 100
surtax
-
-
-
-
health
-
-
-
13
pensions
-
-
-
298
social contributions
-
-
-
31
income
-
-
-
86
other
-
-
-
34
total
-
-
-
462
Employee
527
-
838
-
income
31
-
85
-
surtax
-
-
-
-
social contributions
15
-
24
-
pensions
60
-
95
-
total
106
-
204
-
Employer
527
-
838
-
pensions
87
-
138
-
social contributions
2
-
3
-
other
18
-
29
-
health
37
-
59
-
unemployment
21
-
34
-
total
165
-
263
-
Corporate
409
1 100
-
-
income
114
308
-
-
surtax
-
-
-
-
total
114
308
-
-
Dividends
294
792
-
-
withholding
38
101
-
-
social contributions
51
136
-
-
surtax
-
-
-
-
total
89
237
-
-
Income
1 100
1 100
1 100
1 100
Total tax
474
545
467
462
After tax
626
555
633
638
Living cost
421
421
421
421
Free-cash
205
134
212
217

Estimated living cost  is $421 per week

$265
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
$44
$45
$39
-$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
-
-
-
1 100
surtax
-
-
-
-
health
-
-
-
13
pensions
-
-
-
298
social contributions
-
-
-
31
income
-
-
-
86
other
-
-
-
34
total
-
-
-
462
Employee
771
-
838
-
income
67
-
85
-
surtax
-
-
-
-
social contributions
22
-
24
-
pensions
87
-
95
-
total
176
-
204
-
Employer
771
-
838
-
pensions
127
-
138
-
social contributions
2
-
3
-
other
27
-
29
-
health
54
-
59
-
unemployment
31
-
34
-
total
241
-
263
-
Corporate
89
1 100
-
-
income
25
308
-
-
surtax
-
-
-
-
total
25
308
-
-
Dividends
64
792
-
-
withholding
8
101
-
-
social contributions
11
136
-
-
surtax
-
-
-
-
total
19
237
-
-
Income
1 100
1 100
1 100
1 100
Total tax
461
545
467
462
After tax
639
555
633
638
Living cost
594
594
594
594
Free-cash
45
-39
39
44

Estimated living cost  is $594 per week

$402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$49
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
$1009
$950
$800
$965
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%.

-
-
-
1 100
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
-
1 100
-
income
20
-
220
-
total
20
-
220
-
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%.

1 001
1 100
-
-
total
-
-
-
-
Dividends
1 001
1 100
-
-
withholding
50
55
-
-
total
50
55
-
-
Income
1 100
1 100
1 100
1 100
Total tax
70
55
220
11
After tax
1 030
1 045
880
1 089
Living cost
80
80
80
80
Free-cash
950
965
800
1 009

Estimated living cost  is $80 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
$965
$898
$756
$921
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%.

-
-
-
1 100
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
155
-
1 100
-
income
31
-
220
-
total
31
-
220
-
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%.

945
1 100
-
-
total
-
-
-
-
Dividends
945
1 100
-
-
withholding
47
55
-
-
total
47
55
-
-
Income
1 100
1 100
1 100
1 100
Total tax
78
55
220
11
After tax
1 022
1 045
880
1 089
Living cost
124
124
124
124
Free-cash
898
921
756
965

Estimated living cost  is $124 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
$247
$254
$323
$94
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.

-
-
-
1 100
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.

-
-
-
11
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.

-
-
-
207
trade
-
-
-
76
total
-
-
-
378
Employee

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

612
-
1 100
-
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
-
207
-
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
-
11
-
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
-
302
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
488
1 100
-
-
trade
70
158
-
-
income
73
165
-
-
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
150
335
-
-
Dividends
338
765
-
-
withholding
80
186
-
-
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
84
196
-
-
Income
1 100
1 100
1 100
1 100
Total tax
371
531
302
378
After tax
729
569
798
722
Living cost
475
475
475
475
Free-cash
254
94
323
247

Estimated living cost  is $475 per week

$328
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
$342
$320
$425
$184
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.

-
-
-
1 100
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.

-
-
-
11
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.

-
-
-
207
trade
-
-
-
83
total
-
-
-
385
Employee

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

471
-
1 100
-
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
-
207
-
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
-
11
-
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
-
302
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
629
1 100
-
-
trade
99
173
-
-
income
94
165
-
-
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
201
350
-
-
Dividends
428
749
-
-
withholding
102
183
-
-
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.

6
10
-
-
total
108
193
-
-
Income
1 100
1 100
1 100
1 100
Total tax
407
543
302
385
After tax
693
557
798
715
Living cost
373
373
373
373
Free-cash
320
184
425
342

Estimated living cost  is $373 per week

$234
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.
$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

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
$228
$241
$315
$68
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.

-
-
-
1 100
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.

-
-
-
11
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.

-
-
-
207
trade
-
-
-
87
total
-
-
-
389
Employee

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

624
-
1 100
-
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.

54
-
207
-
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
-
11
-
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
141
-
302
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
476
1 100
-
-
trade
78
181
-
-
income
71
165
-
-
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
156
358
-
-
Dividends
320
742
-
-
withholding
75
181
-
-
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
79
191
-
-
Income
1 100
1 100
1 100
1 100
Total tax
376
549
302
389
After tax
724
551
798
711
Living cost
483
483
483
483
Free-cash
241
68
315
228

Estimated living cost  is $483 per week

$323
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.
$102
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
$143
$181
$234
-$19
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
1 100
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.

-
-
-
11
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.

-
-
-
207
trade
-
-
-
91
total
-
-
-
393
Employee

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

740
-
1 100
-
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
-
207
-
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
-
11
-
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
-
302
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
360
1 100
-
-
trade
62
189
-
-
income
54
165
-
-
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
121
366
-
-
Dividends
239
734
-
-
withholding
55
179
-
-
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
-
-
total
58
189
-
-
Income
1 100
1 100
1 100
1 100
Total tax
355
555
302
393
After tax
745
545
798
707
Living cost
564
564
564
564
Free-cash
181
-19
234
143

Estimated living cost  is $564 per week

$412
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.
$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

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
$303
$377
$282
$416
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
-
-
-
1 100
surtax
-
-
-
22
unemployment
-
-
-
3
health
-
-
-
78
pensions
-
-
-
220
income
-
-
-
198
other
-
-
-
-
total
-
-
-
521
Employee
414
-
909
-
unemployment
29
-
63
-
other
-
-
-
-
income
69
-
184
-
surtax
1
-
20
-
pensions
28
-
61
-
health
11
-
23
-
total
138
-
351
-
Employer
414
-
909
-
pensions
55
-
121
-
other
-
-
-
-
health
19
-
41
-
unemployment
13
-
29
-
total
87
-
191
-
Corporate
598
1 100
-
-
income
156
286
-
-
total
156
286
-
-
Dividends
443
814
-
-
withholding
66
122
-
-
total
66
122
-
-
Income
1 100
1 100
1 100
1 100
Total tax
447
408
542
521
After tax
653
692
558
579
Living cost
276
276
276
276
Free-cash
377
416
282
303

Estimated living cost  is $276 per week

$167
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
$307
$383
$286
$420
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
-
-
-
1 100
surtax
-
-
-
22
unemployment
-
-
-
3
health
-
-
-
78
pensions
-
-
-
220
income
-
-
-
198
other
-
-
-
-
total
-
-
-
521
Employee
407
-
909
-
unemployment
28
-
63
-
other
-
-
-
-
income
68
-
184
-
surtax
1
-
20
-
pensions
27
-
61
-
health
10
-
23
-
total
134
-
351
-
Employer
407
-
909
-
pensions
54
-
121
-
other
-
-
-
-
health
19
-
41
-
unemployment
13
-
29
-
total
86
-
191
-
Corporate
607
1 100
-
-
income
158
286
-
-
total
158
286
-
-
Dividends
449
814
-
-
withholding
67
122
-
-
total
67
122
-
-
Income
1 100
1 100
1 100
1 100
Total tax
445
408
542
521
After tax
655
692
558
579
Living cost
272
272
272
272
Free-cash
383
420
286
307

Estimated living cost  is $272 per week

$166
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
$517
$381
$393
$376
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
-
-
-
1 100
unemployment
-
-
-
17
health
-
-
-
77
pensions
-
-
-
110
income
-
-
-
134
total
-
-
-
338
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.

354
141
921
-
unemployment
5
2
14
-
income
43
17
113
-
pensions
35
14
92
-
health
25
10
64
-
total
108
43
283
-
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.

354
141
921
-
pensions
69
27
179
-
total
69
27
179
-
Corporate
677
932
-
-
income
61
84
-
-
total
61
84
-
-
Dividends
616
848
-
-
withholding
117
161
-
-
social contributions
119
164
-
-
total
236
325
-
-
Income
1 100
1 100
1 100
1 100
Total tax
474
479
462
338
After tax
626
621
638
762
Living cost
245
245
245
245
Free-cash
381
376
393
517

Estimated living cost  is $245 per week

$167
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.
$53
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
$70
$80
$79
$90
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
-
-
-
1 100
national
-
-
-
176
pensions
-
-
-
132
social contributions
-
-
-
12
municipal
-
-
-
114
total
-
-
-
434
Employee
924
-
951
-
municipal
114
-
118
-
national
177
-
183
-
pensions
37
-
38
-
total
328
-
339
-
Employer
924
-
951
-
pensions
74
-
76
-
social contributions
10
-
10
-
total
84
-
86
-
Corporate
31
1 100
-
-
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%.

6
220
-
-
total
6
220
-
-
Dividends
25
880
-
-
withholding
6
194
-
-
total
6
194
-
-
Income
1 100
1 100
1 100
1 100
Total tax
424
414
425
434
After tax
676
686
675
666
Living cost
596
596
596
596
Free-cash
80
90
79
70

Estimated living cost  is $596 per week

$405
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.
$127
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
$67
$96
$67
$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
-
-
-
1 100
social contributions
-
-
-
95
income
-
-
-
237
total
-
-
-
332
Employee
963
-
1 100
-
social contributions
80
-
95
-
income
182
-
237
-
total
262
-
332
-
Employer
963
-
1 100
-
total
-
-
-
-
Corporate
137
1 100
-
-
income
17
137
-
-
total
17
137
-
-
Dividends
120
963
-
-
withholding
24
193
-
-
total
24
193
-
-
Income
1 100
1 100
1 100
1 100
Total tax
303
330
332
332
After tax
797
770
768
768
Living cost
701
701
701
701
Free-cash
96
69
67
67

Estimated living cost  is $701 per week

$533
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.
$104
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
$54
$4
$3
$68
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
-
-
-
1 100
national
-
-
-
225
regional
-
-
-
12
social contributions
-
-
-
283
municipal
-
-
-
7
total
-
-
-
527
Employee
1 094
-
1 100
-
municipal
6
-
6
-
national
189
-
191
-
social contributions
369
-
371
-
regional
10
-
10
-
total
574
-
578
-
Employer
1 094
-
1 100
-
total
-
-
-
-
Corporate
6
1 100
-
-
nationa
2
264
-
-
municipal
-
43
-
-
total
2
307
-
-
Dividends
5
793
-
-
withholding
1
206
-
-
total
1
206
-
-
Income
1 100
1 100
1 100
1 100
Total tax
577
513
578
527
After tax
523
587
522
573
Living cost
519
519
519
519
Free-cash
4
68
3
54

Estimated living cost  is $519 per week

$362
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
$237
$220
$186
$247
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
-
-
-
1 100
national
-
-
-
225
regional
-
-
-
17
social contributions
-
-
-
283
municipal
-
-
-
7
total
-
-
-
532
Employee
683
-
1 100
-
municipal
4
-
6
-
national
108
-
191
-
social contributions
230
-
371
-
regional
9
-
15
-
total
351
-
583
-
Employer
683
-
1 100
-
total
-
-
-
-
Corporate
417
1 100
-
-
nationa
100
264
-
-
municipal
21
55
-
-
total
121
319
-
-
Dividends
296
781
-
-
withholding
77
203
-
-
total
77
203
-
-
Income
1 100
1 100
1 100
1 100
Total tax
549
522
583
532
After tax
551
578
517
568
Living cost
331
331
331
331
Free-cash
220
247
186
237

Estimated living cost  is $331 per week

$206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$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