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
$635
$517
$487
$595
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
-
-
-
16
total
-
-
-
258
Employee
379
-
952
-
social contributions
25
-
62
-
income
-
-
18
-
total
25
-
80
-
Employer
379
-
952
-
social contributions
59
-
148
-
total
59
-
148
-
Corporate
662
1 100
-
-
income
66
110
-
-
total
66
110
-
-
Dividends
596
990
-
-
total
-
-
-
-
Income
1 100
1 100
1 100
1 100
Total tax
150
110
228
258
After tax
950
990
872
842
Living cost
355
355
355
355
Free-cash
595
635
517
487

Estimated living cost  is $355 per week

$229
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$27
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$92
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

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
$242
-$33
$189
$236
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
chamber of commerce
-
-
-
4
unemployment
-
-
-
72
health
-
-
-
84
pensions
-
-
-
204
income
-
-
-
170
surtax
-
-
-
-
total
-
-
-
534
Employee
516
470
854
-
health
20
18
33
-
pensions
53
48
87
-
other
5
5
9
-
unemployment
15
14
26
-
income
46
35
153
-
total
139
120
308
-
Employer
516
470
854
-
pensions
65
59
107
-
accident
7
6
11
-
unemployment
15
14
26
-
surtax
-
-
-
-
payroll
15
14
26
-
chamber of commerce
2
2
3
-
health
20
18
32
-
other
25
22
41
-
total
149
135
246
-
Corporate
436
494
809
-
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.

109
124
202
-
total
109
124
202
-
Dividends
327
371
-
-
withholding
90
102
-
-
total
90
102
-
-
Income
1 100
1 100
1 100
1 100
Total tax
487
481
756
534
After tax
613
619
344
566
Living cost
377
377
377
377
Free-cash
236
242
-33
189

Estimated living cost  is $377 per week

$226
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.
$105
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
$203
-$72
$148
$183
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
chamber of commerce
-
-
-
4
unemployment
-
-
-
72
health
-
-
-
84
pensions
-
-
-
204
income
-
-
-
170
surtax
-
-
-
2
total
-
-
-
536
Employee
590
470
852
-
health
23
18
33
-
pensions
60
48
87
-
other
6
5
9
-
unemployment
18
14
26
-
income
67
35
152
-
total
174
120
307
-
Employer
590
470
852
-
pensions
74
59
107
-
accident
8
6
11
-
unemployment
18
14
26
-
surtax
2
2
2
-
payroll
18
14
26
-
chamber of commerce
2
2
3
-
health
22
18
32
-
other
28
22
40
-
total
172
137
247
-
Corporate
338
492
808
-
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.

85
123
202
-
total
85
123
202
-
Dividends
254
369
-
-
withholding
70
101
-
-
total
70
101
-
-
Income
1 100
1 100
1 100
1 100
Total tax
501
481
756
536
After tax
599
619
344
564
Living cost
416
416
416
416
Free-cash
183
203
-72
148

Estimated living cost  is $416 per week

$277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$35
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

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
$188
$5
$97
$8
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
-
-
-
167
communal

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

-
-
-
56
national
-
-
-
350
total
-
-
-
573
Employee

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

844
-
852
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

40
-
40
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

63
-
64
-
communal

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

44
-
44
-
national
260
-
263
-
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.

7
-
7
-
total
414
-
418
-
Employer

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

844
-
852
-
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.

12
-
12
-
surtax
96
-
97
-
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.

52
-
52
-
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.

75
-
75
-
total
246
-
247
-
Corporate
10
1 100
-
-
surtax
-
4
-
-
income
2
220
-
-
total
2
224
-
-
Dividends
8
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
662
482
665
573
After tax
438
618
435
527
Living cost
430
430
430
430
Free-cash
8
188
5
97

Estimated living cost  is $430 per week

$277
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.
$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
Sofia , Bulgaria
$738
$655
$622
$664
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
-
-
-
47
pensions

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

-
-
-
61
income
-
-
-
165
total
-
-
-
275
Employee
269
-
1 019
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
health
12
-
19
-
pensions

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

24
-
36
-
income
27
-
102
-
total
66
-
162
-
Employer
269
-
1 019
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
unemployment
2
-
2
-
health
19
-
28
-
pensions

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

30
-
45
-
total
54
-
80
-
Corporate
779
1 100
-
-
income
78
110
-
-
total
78
110
-
-
Dividends
701
990
-
-
withholding
35
49
-
-
total
35
49
-
-
Income
1 100
1 100
1 100
1 100
Total tax
233
159
242
275
After tax
867
941
858
825
Living cost
203
203
203
203
Free-cash
664
738
655
622

Estimated living cost  is $203 per week

$134
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.
$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
Varna , Bulgaria
$786
$703
$670
$732
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
-
-
-
47
pensions

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

-
-
-
61
income
-
-
-
165
total
-
-
-
275
Employee
205
-
1 019
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
health
9
-
19
-
pensions

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

18
-
36
-
income
20
-
102
-
total
49
-
162
-
Employer
205
-
1 019
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
unemployment
1
-
2
-
health
14
-
28
-
pensions

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

23
-
45
-
total
40
-
80
-
Corporate
855
1 100
-
-
income
86
110
-
-
total
86
110
-
-
Dividends
770
990
-
-
withholding
38
49
-
-
total
38
49
-
-
Income
1 100
1 100
1 100
1 100
Total tax
213
159
242
275
After tax
887
941
858
825
Living cost
155
155
155
155
Free-cash
732
786
703
670

Estimated living cost  is $155 per week

$90
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.
$49
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Larnaca , Cyprus
$533
$517
$518
$468
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
-
-
-
172
health
-
-
-
28
income
-
-
-
109
total
-
-
-
309
Employee
908
908
999
-
health
7
15
17
-
social contributions
34
75
83
-
income
99
84
109
-
total
140
174
209
-
Employer
908
908
999
-
social contributions
34
75
83
-
health
8
17
18
-
total
42
92
101
-
Corporate
645
100
-
-
income
81
13
-
-
total
81
13
-
-
Dividends
564
88
-
-
withholding
96
15
-
-
total
96
15
-
-
Income
1 100
1 100
1 100
1 100
Total tax
359
294
310
309
After tax
741
806
790
791
Living cost
273
273
273
273
Free-cash
468
533
517
518

Estimated living cost  is $273 per week

$164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$27
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$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.
$77
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
$423
$407
$408
$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
-
-
-
1 100
social contributions
-
-
-
172
health
-
-
-
28
income
-
-
-
109
total
-
-
-
309
Employee
908
908
999
-
health
9
15
17
-
social contributions
44
75
83
-
income
95
84
109
-
total
148
174
209
-
Employer
908
908
999
-
social contributions
44
75
83
-
health
10
17
18
-
total
54
92
101
-
Corporate
515
100
-
-
income
64
13
-
-
total
64
13
-
-
Dividends
450
88
-
-
withholding
77
15
-
-
total
77
15
-
-
Income
1 100
1 100
1 100
1 100
Total tax
343
294
310
309
After tax
757
806
790
791
Living cost
383
383
383
383
Free-cash
374
423
407
408

Estimated living cost  is $383 per week

$262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$30
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$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.
$85
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
$479
$280
$257
$380
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
-
-
-
321
health
-
-
-
149
solidarity contribution
-
-
-
-
income
-
-
-
95
total
-
-
-
565
Employee
408
-
821
-
health
55
-
111
-
social contributions
27
-
53
-
solidarity contribution
-
-
-
-
income
49
-
99
-
total
131
-
263
-
Employer
408
-
821
-
social contributions
102
-
205
-
health
37
-
74
-
total
139
-
279
-
Corporate
553
1 100
-
-
income
105
209
-
-
total
105
209
-
-
Dividends
448
891
-
-
withholding
67
134
-
-
total
67
134
-
-
Income
1 100
1 100
1 100
1 100
Total tax
442
343
542
565
After tax
658
757
558
535
Living cost
278
278
278
278
Free-cash
380
479
280
257

Estimated living cost  is $278 per week

$193
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.
$60
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
$415
$216
$193
$293
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
-
-
-
321
health
-
-
-
149
solidarity contribution
-
-
-
-
income
-
-
-
95
total
-
-
-
565
Employee
503
-
821
-
health
68
-
111
-
social contributions
33
-
53
-
solidarity contribution
-
-
-
-
income
60
-
99
-
total
161
-
263
-
Employer
503
-
821
-
social contributions
126
-
205
-
health
45
-
74
-
total
171
-
279
-
Corporate
426
1 100
-
-
income
81
209
-
-
total
81
209
-
-
Dividends
345
891
-
-
withholding
52
134
-
-
total
52
134
-
-
Income
1 100
1 100
1 100
1 100
Total tax
465
343
542
565
After tax
635
757
558
535
Living cost
342
342
342
342
Free-cash
293
415
216
193

Estimated living cost  is $342 per week

$255
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.
$63
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
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
-$1477
-$1477
$118
-$1477
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
labour market
-
-
-
87
municipal
-
-
-
200
pensions
-
-
-
10
national
-
-
-
115
total
-
-
-
412
Employee
2 406
2 406
2 406
-
municipal
512
512
512
-
pensions
3
3
3
-
national
294
294
294
-
labour market
192
192
192
-
total
1 001
1 001
1 001
-
Employer
2 406
2 406
2 406
-
labour market
192
192
192
-
national
294
294
294
-
municipal
513
513
513
-
pensions
7
7
7
-
total
1 006
1 006
1 006
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
1 100
1 100
1 100
1 100
Total tax
2 007
2 007
2 007
412
After tax
-907
-907
-907
688
Living cost
570
570
570
570
Free-cash
-1 477
-1 477
-1 477
118

Estimated living cost  is $570 per week

$390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$50
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.
$121
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
$595
$349
$305
$521
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
335
-
822
-
pensions
7
-
16
-
unemployment
5
-
13
-
income
38
-
159
-
total
50
-
188
-
Employer
335
-
822
-
pensions
67
-
164
-
unemployment
3
-
7
-
health
44
-
107
-
total
114
-
278
-
Corporate
652
1 100
-
-
income
130
220
-
-
total
130
220
-
-
Dividends
522
880
-
-
total
-
-
-
-
Income
1 100
1 100
1 100
1 100
Total tax
294
220
466
510
After tax
806
880
634
590
Living cost
285
285
285
285
Free-cash
521
595
349
305

Estimated living cost  is $285 per week

$196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$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.
$67
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Helsinki , Finland
$284
$181
$337
$250
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
health
-
-
-
12
municipal
-
-
-
196
national
-
-
-
102
total
-
-
-
310
Employee
621
-
925
-
health
5
-
9
-
municipal
102
-
151
-
pensions
42
-
62
-
national
10
-
55
-
unemployment
9
-
14
-
total
168
-
291
-
Employer
621
-
925
-
accident
1
-
1
-
unemployment
4
-
6
-
health
5
-
7
-
pensions
108
-
161
-
total
118
-
175
-
Corporate
362
1 100
-
-
income
72
220
-
-
total
72
220
-
-
Dividends

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

217
660
-
-
municipal
39
119
-
-
national
-
24
-
-
total
39
143
-
-
Income
1 100
1 100
1 100
1 100
Total tax
397
363
466
310
After tax
703
737
634
790
Living cost
453
453
453
453
Free-cash
250
284
181
337

Estimated living cost  is $453 per week

$296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$44
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.
$106
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
$191
$264
$273
$256
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
-
-
-
31
health
-
-
-
16
pensions
-
-
-
289
other
-
-
-
34
income
-
-
-
93
surtax
-
-
-
-
total
-
-
-
463
Employee
451
-
838
-
income
23
-
90
-
social contributions
13
-
24
-
pensions
51
-
95
-
surtax
-
-
-
-
total
87
-
209
-
Employer
451
-
838
-
pensions
74
-
138
-
social contributions
1
-
3
-
unemployment
18
-
34
-
health
32
-
59
-
other
16
-
29
-
total
141
-
263
-
Corporate
508
1 100
-
-
surtax
-
-
-
-
income
142
308
-
-
total
142
308
-
-
Dividends
366
792
-
-
surtax
-
-
-
-
withholding
47
101
-
-
social contributions
63
136
-
-
total
110
237
-
-
Income
1 100
1 100
1 100
1 100
Total tax
480
545
472
463
After tax
620
555
628
637
Living cost
364
364
364
364
Free-cash
256
191
264
273

Estimated living cost  is $364 per week

$211
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.
$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
Nice , France
$151
$224
$233
$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
-
-
-
1 100
social contributions
-
-
-
31
health
-
-
-
16
pensions
-
-
-
289
other
-
-
-
34
income
-
-
-
93
surtax
-
-
-
-
total
-
-
-
463
Employee
505
-
838
-
income
30
-
90
-
social contributions
14
-
24
-
pensions
57
-
95
-
surtax
-
-
-
-
total
101
-
209
-
Employer
505
-
838
-
pensions
83
-
138
-
social contributions
2
-
3
-
unemployment
20
-
34
-
health
35
-
59
-
other
17
-
29
-
total
157
-
263
-
Corporate
437
1 100
-
-
surtax
-
-
-
-
income
122
308
-
-
total
122
308
-
-
Dividends
315
792
-
-
surtax
-
-
-
-
withholding
40
101
-
-
social contributions
54
136
-
-
total
94
237
-
-
Income
1 100
1 100
1 100
1 100
Total tax
474
545
472
463
After tax
626
555
628
637
Living cost
404
404
404
404
Free-cash
222
151
224
233

Estimated living cost  is $404 per week

$255
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.
$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
Paris , France
-$15
$58
$67
$66
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
-
-
-
31
health
-
-
-
16
pensions
-
-
-
289
other
-
-
-
34
income
-
-
-
93
surtax
-
-
-
-
total
-
-
-
463
Employee
739
-
838
-
income
64
-
90
-
social contributions
21
-
24
-
pensions
84
-
95
-
surtax
-
-
-
-
total
169
-
209
-
Employer
739
-
838
-
pensions
121
-
138
-
social contributions
2
-
3
-
unemployment
30
-
34
-
health
52
-
59
-
other
26
-
29
-
total
231
-
263
-
Corporate
130
1 100
-
-
surtax
-
-
-
-
income
36
308
-
-
total
36
308
-
-
Dividends
94
792
-
-
surtax
-
-
-
-
withholding
12
101
-
-
social contributions
16
136
-
-
total
28
237
-
-
Income
1 100
1 100
1 100
1 100
Total tax
464
545
472
463
After tax
636
555
628
637
Living cost
570
570
570
570
Free-cash
66
-15
58
67

Estimated living cost  is $570 per week

$386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$47
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.
$130
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
$962
$797
$1006
$946
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
104
-
1 100
-
income
21
-
220
-
total
21
-
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%.

996
1 100
-
-
total
-
-
-
-
Dividends
996
1 100
-
-
withholding
50
55
-
-
total
50
55
-
-
Income
1 100
1 100
1 100
1 100
Total tax
71
55
220
11
After tax
1 029
1 045
880
1 089
Living cost
83
83
83
83
Free-cash
946
962
797
1 006

Estimated living cost  is $83 per week

$52
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.
$22
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
$915
$750
$959
$891
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
162
-
1 100
-
income
32
-
220
-
total
32
-
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%.

938
1 100
-
-
total
-
-
-
-
Dividends
938
1 100
-
-
withholding
47
55
-
-
total
47
55
-
-
Income
1 100
1 100
1 100
1 100
Total tax
79
55
220
11
After tax
1 021
1 045
880
1 089
Living cost
130
130
130
130
Free-cash
891
915
750
959

Estimated living cost  is $130 per week

$88
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.
$32
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
$112
$336
$257
$265
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
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.

-
-
-
81
trade
-
-
-
79
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.

-
-
-
215
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.

-
-
-
12
total
-
-
-
387
Employee

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

587
-
1 100
-
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.

81
-
81
-
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
-
12
-
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.

48
-
215
-
total
132
-
308
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
513
1 100
-
-
trade
74
158
-
-
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
-
-
chamber of commerce
3
3
-
-
income
77
165
-
-
total
158
335
-
-
Dividends
355
765
-
-
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
-
-
withholding
84
187
-
-
total
89
197
-
-
Income
1 100
1 100
1 100
1 100
Total tax
379
532
308
387
After tax
721
568
792
713
Living cost
456
456
456
456
Free-cash
265
112
336
257

Estimated living cost  is $456 per week

$314
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.
$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.
$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

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
$199
$434
$348
$328
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
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.

-
-
-
81
trade
-
-
-
87
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.

-
-
-
215
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.

-
-
-
12
total
-
-
-
395
Employee

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

451
-
1 100
-
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.

81
-
81
-
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
-
12
-
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
-
215
-
total
95
-
308
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
649
1 100
-
-
trade
102
173
-
-
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
-
-
chamber of commerce
3
3
-
-
income
97
165
-
-
total
207
350
-
-
Dividends
441
749
-
-
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
-
-
withholding
106
183
-
-
total
112
193
-
-
Income
1 100
1 100
1 100
1 100
Total tax
414
543
308
395
After tax
686
557
792
705
Living cost
358
358
358
358
Free-cash
328
199
434
348

Estimated living cost  is $358 per week

$225
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$42
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$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.
$84
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

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
$87
$328
$237
$253
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
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.

-
-
-
81
trade
-
-
-
91
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.

-
-
-
215
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.

-
-
-
12
total
-
-
-
399
Employee

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

599
-
1 100
-
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.

81
-
81
-
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
-
12
-
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.

51
-
215
-
total
135
-
308
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
501
1 100
-
-
trade
82
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
9
-
-
chamber of commerce
3
3
-
-
income
75
165
-
-
total
164
358
-
-
Dividends
337
742
-
-
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
-
-
withholding
80
181
-
-
total
84
191
-
-
Income
1 100
1 100
1 100
1 100
Total tax
383
549
308
399
After tax
717
551
792
701
Living cost
464
464
464
464
Free-cash
253
87
328
237

Estimated living cost  is $464 per week

$310
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.
$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.
$98
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
$4
$251
$156
$196
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
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.

-
-
-
81
trade
-
-
-
95
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.

-
-
-
215
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.

-
-
-
12
total
-
-
-
403
Employee

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

709
-
1 100
-
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.

81
-
81
-
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
-
12
-
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.

83
-
215
-
total
169
-
308
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
391
1 100
-
-
trade
67
189
-
-
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
-
-
chamber of commerce
2
3
-
-
income
59
165
-
-
total
131
366
-
-
Dividends
260
734
-
-
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
-
-
withholding
60
179
-
-
total
63
189
-
-
Income
1 100
1 100
1 100
1 100
Total tax
363
555
308
403
After tax
737
545
792
697
Living cost
541
541
541
541
Free-cash
196
4
251
156

Estimated living cost  is $541 per week

$395
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.
$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

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
$427
$288
$309
$388
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
-
-
-
3
health
-
-
-
78
pensions
-
-
-
220
other
-
-
-
-
income
-
-
-
202
surtax
-
-
-
23
total
-
-
-
526
Employee
397
-
909
-
health
10
-
23
-
pensions
27
-
61
-
surtax
1
-
21
-
other
-
-
-
-
unemployment
28
-
63
-
income
67
-
188
-
total
133
-
356
-
Employer
397
-
909
-
pensions
53
-
121
-
unemployment
13
-
29
-
health
18
-
41
-
other
-
-
-
-
total
84
-
191
-
Corporate
619
1 100
-
-
income
161
286
-
-
total
161
286
-
-
Dividends
458
814
-
-
withholding
69
122
-
-
total
69
122
-
-
Income
1 100
1 100
1 100
1 100
Total tax
447
408
547
526
After tax
653
692
553
574
Living cost
265
265
265
265
Free-cash
388
427
288
309

Estimated living cost  is $265 per week

$160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$23
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$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.
$76
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Thessaloniki , Greece
$432
$293
$314
$396
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
-
-
-
3
health
-
-
-
78
pensions
-
-
-
220
other
-
-
-
-
income
-
-
-
202
surtax
-
-
-
23
total
-
-
-
526
Employee
390
-
909
-
health
10
-
23
-
pensions
26
-
61
-
surtax
1
-
21
-
other
-
-
-
-
unemployment
27
-
63
-
income
65
-
188
-
total
129
-
356
-
Employer
390
-
909
-
pensions
52
-
121
-
unemployment
12
-
29
-
health
18
-
41
-
other
-
-
-
-
total
82
-
191
-
Corporate
628
1 100
-
-
income
163
286
-
-
total
163
286
-
-
Dividends
464
814
-
-
withholding
70
122
-
-
total
70
122
-
-
Income
1 100
1 100
1 100
1 100
Total tax
444
408
547
526
After tax
656
692
553
574
Living cost
260
260
260
260
Free-cash
396
432
293
314

Estimated living cost  is $260 per week

$159
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.
$71
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Budapest , Hungary
$389
$406
$531
$394
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
-
-
-
16
health
-
-
-
77
pensions
-
-
-
110
income
-
-
-
134
total
-
-
-
337
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.

334
133
921
-
health
23
9
64
-
pensions
33
13
92
-
unemployment
5
2
14
-
income
41
16
113
-
total
102
40
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.

334
133
921
-
pensions
65
26
179
-
total
65
26
179
-
Corporate
701
941
-
-
income
63
85
-
-
total
63
85
-
-
Dividends
638
856
-
-
withholding
121
163
-
-
social contributions
123
165
-
-
total
244
328
-
-
Income
1 100
1 100
1 100
1 100
Total tax
474
479
462
337
After tax
626
621
638
763
Living cost
232
232
232
232
Free-cash
394
389
406
531

Estimated living cost  is $232 per week

$158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$19
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$50
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
$90
$79
$70
$80
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
-
-
-
12
municipal
-
-
-
114
pensions
-
-
-
132
national
-
-
-
176
total
-
-
-
434
Employee
924
-
951
-
municipal
114
-
118
-
pensions
37
-
38
-
national
177
-
183
-
total
328
-
339
-
Employer
924
-
951
-
social contributions
10
-
10
-
pensions
74
-
76
-
total
84
-
86
-
Corporate
32
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
$98
$87
$87
$124
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
-
-
-
96
income
-
-
-
245
total
-
-
-
341
Employee
923
-
1 100
-
social contributions
77
-
96
-
income
174
-
245
-
total
251
-
341
-
Employer
923
-
1 100
-
total
-
-
-
-
Corporate
177
1 100
-
-
income
22
137
-
-
total
22
137
-
-
Dividends
155
963
-
-
withholding
31
193
-
-
total
31
193
-
-
Income
1 100
1 100
1 100
1 100
Total tax
304
330
341
341
After tax
796
770
759
759
Living cost
672
672
672
672
Free-cash
124
98
87
87

Estimated living cost  is $672 per week

$511
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.
$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.
$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

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
$89
$20
$72
$26
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 100
regional
-
-
-
12
social contributions
-
-
-
283
municipal
-
-
-
7
national
-
-
-
228
total
-
-
-
530
Employee
1 049
-
1 100
-
regional
10
-
10
-
municipal
6
-
6
-
social contributions
354
-
371
-
national
182
-
195
-
total
552
-
582
-
Employer
1 049
-
1 100
-
total
-
-
-
-
Corporate
51
1 100
-
-
nationa
12
264
-
-
municipal
2
43
-
-
total
14
307
-
-
Dividends
37
793
-
-
withholding
10
206
-
-
total
10
206
-
-
Income
1 100
1 100
1 100
1 100
Total tax
576
513
582
530
After tax
524
587
518
570
Living cost
498
498
498
498
Free-cash
26
89
20
72

Estimated living cost  is $498 per week

$347
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.
$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
Naples , Italy
$260
$195
$247
$234
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 100
regional
-
-
-
17
social contributions
-
-
-
283
municipal
-
-
-
7
national
-
-
-
228
total
-
-
-
535
Employee
655
-
1 100
-
regional
9
-
15
-
municipal
3
-
6
-
social contributions
221
-
371
-
national
104
-
195
-
total
337
-
587
-
Employer
655
-
1 100
-
total
-
-
-
-
Corporate
445
1 100
-
-
nationa
107
264
-
-
municipal
22
55
-
-
total
129
319
-
-
Dividends
316
781
-
-
withholding
82
203
-
-
total
82
203
-
-
Income
1 100
1 100
1 100
1 100
Total tax
548
522
587
535
After tax
552
578
513
565
Living cost
318
318
318
318
Free-cash
234
260
195
247

Estimated living cost  is $318 per week

$198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$32
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$83
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source