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
$ 1150
per

Your estimated
City
free-cash

Andorra , Andorra
$511
$625
$543
$666
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
-
-
-
1 150
social contributions
-
-
-
253
income
-
-
-
17
total
-
-
-
270
Employee
395
-
996
-
social contributions
26
-
65
-
income
-
-
19
-
total
26
-
84
-
Employer
395
-
996
-
social contributions
61
-
154
-
total
61
-
154
-
Corporate
694
1 150
-
-
income
69
115
-
-
total
69
115
-
-
Dividends
624
1 035
-
-
total
-
-
-
-
Income
1 150
1 150
1 150
1 150
Total tax
156
115
238
270
After tax
994
1 035
912
880
Living cost
369
369
369
369
Free-cash
625
666
543
511

Estimated living cost  is $369 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
$199
$249
-$34
$255
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
-
-
-
1 150
surtax
-
-
-
-
unemployment
-
-
-
75
health
-
-
-
88
chamber of commerce
-
-
-
5
pensions
-
-
-
213
income
-
-
-
178
total
-
-
-
559
Employee
537
490
893
-
unemployment
16
15
27
-
other
5
5
9
-
income
48
36
160
-
pensions
55
50
91
-
health
21
19
35
-
total
145
125
322
-
Employer
537
490
893
-
pensions
67
61
112
-
surtax
-
-
-
-
payroll
16
15
27
-
other
26
23
42
-
health
20
19
34
-
accident
7
6
12
-
unemployment
16
15
27
-
chamber of commerce
2
2
4
-
total
154
141
258
-
Corporate
458
519
846
-
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.

115
130
212
-
total
115
130
212
-
Dividends
344
390
-
-
withholding
95
107
-
-
total
95
107
-
-
Income
1 150
1 150
1 150
1 150
Total tax
509
503
792
559
After tax
641
647
358
591
Living cost
392
392
392
392
Free-cash
249
255
-34
199

Estimated living cost  is $392 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
$156
$196
-$75
$213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 150
surtax
-
-
-
2
unemployment
-
-
-
75
health
-
-
-
88
chamber of commerce
-
-
-
5
pensions
-
-
-
213
income
-
-
-
178
total
-
-
-
561
Employee
614
490
891
-
unemployment
18
15
27
-
other
6
5
9
-
income
70
36
160
-
pensions
63
50
91
-
health
24
19
34
-
total
181
125
321
-
Employer
614
490
891
-
pensions
77
61
112
-
surtax
2
2
2
-
payroll
18
15
27
-
other
29
23
42
-
health
23
19
34
-
accident
8
6
12
-
unemployment
18
15
27
-
chamber of commerce
2
2
4
-
total
177
143
260
-
Corporate
357
517
845
-
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.

89
129
211
-
total
89
129
211
-
Dividends
268
388
-
-
withholding
74
107
-
-
total
74
107
-
-
Income
1 150
1 150
1 150
1 150
Total tax
521
504
792
561
After tax
629
646
358
589
Living cost
433
433
433
433
Free-cash
196
213
-75
156

Estimated living cost  is $433 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
$102
$12
$4
$197
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
-
-
-
1 150
national
-
-
-
367
communal

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

-
-
-
58
social contributions
-
-
-
175
total
-
-
-
600
Employee

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

879
-
891
-
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
-
8
-
national
270
-
275
-
communal

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

46
-
46
-
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
-
67
-
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
-
42
-
total
431
-
438
-
Employer

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

879
-
891
-
surtax
100
-
101
-
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
-
79
-
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
-
55
-
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
-
12
-
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
-
13
-
total
256
-
260
-
Corporate
15
1 150
-
-
income
3
230
-
-
surtax
-
5
-
-
total
3
235
-
-
Dividends
12
915
-
-
withholding

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

-
270
-
-
total
-
270
-
-
Income
1 150
1 150
1 150
1 150
Total tax
690
505
698
600
After tax
460
645
452
550
Living cost
448
448
448
448
Free-cash
12
197
4
102

Estimated living cost  is $448 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
$652
$696
$684
$772
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
-
-
-
1 150
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
-
-
-
172
total
-
-
-
287
Employee
280
-
1 066
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
income
28
-
107
-
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
-
170
-
Employer
280
-
1 066
-
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
815
1 150
-
-
income
82
115
-
-
total
82
115
-
-
Dividends
734
1 035
-
-
withholding
37
52
-
-
total
37
52
-
-
Income
1 150
1 150
1 150
1 150
Total tax
243
167
255
287
After tax
907
983
895
863
Living cost
211
211
211
211
Free-cash
696
772
684
652

Estimated living cost  is $211 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.
$54
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
$702
$766
$734
$822
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
-
-
-
1 150
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
-
-
-
172
total
-
-
-
287
Employee
213
-
1 066
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
income
21
-
107
-
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
-
170
-
Employer
213
-
1 066
-
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
895
1 150
-
-
income
89
115
-
-
total
89
115
-
-
Dividends
805
1 035
-
-
withholding
40
52
-
-
total
40
52
-
-
Income
1 150
1 150
1 150
1 150
Total tax
223
167
255
287
After tax
927
983
895
863
Living cost
161
161
161
161
Free-cash
766
822
734
702

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
$543
$490
$540
$559
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
-
-
-
1 150
health
-
-
-
29
social contributions
-
-
-
179
income
-
-
-
115
total
-
-
-
323
Employee
945
945
1 044
-
income
103
87
114
-
social contributions
36
78
87
-
health
7
16
18
-
total
146
181
219
-
Employer
945
945
1 044
-
social contributions
36
78
87
-
health
8
17
19
-
total
44
95
106
-
Corporate
676
109
-
-
income
84
14
-
-
total
84
14
-
-
Dividends
591
96
-
-
withholding
101
16
-
-
total
101
16
-
-
Income
1 150
1 150
1 150
1 150
Total tax
375
306
325
323
After tax
775
844
825
827
Living cost
284
284
284
284
Free-cash
490
559
540
543

Estimated living cost  is $284 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
$428
$393
$426
$445
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
-
-
-
1 150
health
-
-
-
29
social contributions
-
-
-
179
income
-
-
-
115
total
-
-
-
323
Employee
945
945
1 044
-
income
99
87
114
-
social contributions
46
78
87
-
health
9
16
18
-
total
154
181
219
-
Employer
945
945
1 044
-
social contributions
46
78
87
-
health
10
17
19
-
total
56
95
106
-
Corporate
541
109
-
-
income
68
14
-
-
total
68
14
-
-
Dividends
473
96
-
-
withholding
80
16
-
-
total
80
16
-
-
Income
1 150
1 150
1 150
1 150
Total tax
358
306
325
323
After tax
792
844
825
827
Living cost
399
399
399
399
Free-cash
393
445
426
428

Estimated living cost  is $399 per week

$272
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
$276
$407
$299
$508
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
-
-
-
1 150
health
-
-
-
155
social contributions
-
-
-
336
income
-
-
-
99
solidarity contribution
-
-
-
-
total
-
-
-
590
Employee
417
-
858
-
income
50
-
103
-
social contributions
27
-
56
-
health
56
-
116
-
solidarity contribution
-
-
-
-
total
133
-
275
-
Employer
417
-
858
-
social contributions
104
-
215
-
health
38
-
77
-
total
142
-
292
-
Corporate
591
1 150
-
-
income
112
218
-
-
total
112
218
-
-
Dividends
479
932
-
-
withholding
72
140
-
-
total
72
140
-
-
Income
1 150
1 150
1 150
1 150
Total tax
459
358
567
590
After tax
691
792
583
560
Living cost
284
284
284
284
Free-cash
407
508
299
276

Estimated living cost  is $284 per week

$197
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
$210
$317
$233
$442
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
-
-
-
1 150
health
-
-
-
155
social contributions
-
-
-
336
income
-
-
-
99
solidarity contribution
-
-
-
-
total
-
-
-
590
Employee
514
-
858
-
income
62
-
103
-
social contributions
33
-
56
-
health
69
-
116
-
solidarity contribution
-
-
-
-
total
164
-
275
-
Employer
514
-
858
-
social contributions
129
-
215
-
health
46
-
77
-
total
175
-
292
-
Corporate
461
1 150
-
-
income
88
218
-
-
total
88
218
-
-
Dividends
373
932
-
-
withholding
56
140
-
-
total
56
140
-
-
Income
1 150
1 150
1 150
1 150
Total tax
483
358
567
590
After tax
667
792
583
560
Living cost
350
350
350
350
Free-cash
317
442
233
210

Estimated living cost  is $350 per week

$260
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
$124
-$1535
-$1535
-$1535
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
-
-
-
1 150
national
-
-
-
121
pensions
-
-
-
11
municipal
-
-
-
209
labour market
-
-
-
91
total
-
-
-
432
Employee
2 505
2 505
2 505
-
municipal
533
533
533
-
national
306
306
306
-
pensions
4
4
4
-
labour market
200
200
200
-
total
1 043
1 043
1 043
-
Employer
2 505
2 505
2 505
-
pensions
7
7
7
-
labour market
200
200
200
-
municipal
534
534
534
-
national
307
307
307
-
total
1 048
1 048
1 048
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
1 150
1 150
1 150
1 150
Total tax
2 091
2 091
2 091
432
After tax
-941
-941
-941
718
Living cost
594
594
594
594
Free-cash
-1 535
-1 535
-1 535
124

Estimated living cost  is $594 per week

$406
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
$320
$546
$365
$623
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
-
-
-
1 150
health
-
-
-
149
pensions
-
-
-
230
income
-
-
-
154
total
-
-
-
533
Employee
349
-
859
-
unemployment
6
-
14
-
income
39
-
166
-
pensions
7
-
17
-
total
52
-
197
-
Employer
349
-
859
-
pensions
70
-
172
-
health
45
-
112
-
unemployment
3
-
7
-
total
118
-
291
-
Corporate
684
1 150
-
-
income
137
230
-
-
total
137
230
-
-
Dividends
547
920
-
-
total
-
-
-
-
Income
1 150
1 150
1 150
1 150
Total tax
307
230
488
533
After tax
843
920
662
617
Living cost
297
297
297
297
Free-cash
546
623
365
320

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
$353
$263
$190
$299
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

-
-
-
1 150
national
-
-
-
107
health
-
-
-
13
municipal
-
-
-
205
total
-
-
-
325
Employee
646
-
967
-
unemployment
10
-
15
-
municipal
106
-
158
-
national
11
-
58
-
pensions
44
-
65
-
health
5
-
10
-
total
176
-
306
-
Employer
646
-
967
-
pensions
112
-
168
-
health
5
-
7
-
accident
1
-
1
-
unemployment
4
-
6
-
total
122
-
182
-
Corporate
382
1 150
-
-
income
76
230
-
-
total
76
230
-
-
Dividends

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

229
690
-
-
municipal
41
124
-
-
national
-
25
-
-
total
41
149
-
-
Income
1 150
1 150
1 150
1 150
Total tax
415
379
488
325
After tax
735
771
662
825
Living cost
472
472
472
472
Free-cash
263
299
190
353

Estimated living cost  is $472 per week

$308
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
$285
$270
$279
$201
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
-
-
-
1 150
surtax
-
-
-
-
health
-
-
-
17
pensions
-
-
-
302
social contributions
-
-
-
33
income
-
-
-
98
other
-
-
-
36
total
-
-
-
486
Employee
469
-
876
-
income
24
-
95
-
surtax
-
-
-
-
social contributions
13
-
25
-
pensions
53
-
99
-
total
90
-
219
-
Employer
469
-
876
-
pensions
77
-
144
-
social contributions
1
-
3
-
other
16
-
30
-
health
33
-
61
-
unemployment
19
-
35
-
total
146
-
273
-
Corporate
534
1 150
-
-
income
150
322
-
-
surtax
-
-
-
-
total
150
322
-
-
Dividends
384
828
-
-
withholding
49
106
-
-
social contributions
66
142
-
-
surtax
-
-
-
-
total
115
248
-
-
Income
1 150
1 150
1 150
1 150
Total tax
501
570
492
486
After tax
649
580
658
664
Living cost
379
379
379
379
Free-cash
270
201
279
285

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.
$38
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
$244
$233
$238
$160
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
-
-
-
1 150
surtax
-
-
-
-
health
-
-
-
17
pensions
-
-
-
302
social contributions
-
-
-
33
income
-
-
-
98
other
-
-
-
36
total
-
-
-
486
Employee
526
-
876
-
income
31
-
95
-
surtax
-
-
-
-
social contributions
15
-
25
-
pensions
59
-
99
-
total
105
-
219
-
Employer
526
-
876
-
pensions
86
-
144
-
social contributions
2
-
3
-
other
18
-
30
-
health
37
-
61
-
unemployment
21
-
35
-
total
164
-
273
-
Corporate
460
1 150
-
-
income
129
322
-
-
surtax
-
-
-
-
total
129
322
-
-
Dividends
331
828
-
-
withholding
42
106
-
-
social contributions
57
142
-
-
surtax
-
-
-
-
total
99
248
-
-
Income
1 150
1 150
1 150
1 150
Total tax
497
570
492
486
After tax
653
580
658
664
Living cost
420
420
420
420
Free-cash
233
160
238
244

Estimated living cost  is $420 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
$71
$72
$65
-$13
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
-
-
-
1 150
surtax
-
-
-
-
health
-
-
-
17
pensions
-
-
-
302
social contributions
-
-
-
33
income
-
-
-
98
other
-
-
-
36
total
-
-
-
486
Employee
770
-
876
-
income
67
-
95
-
surtax
-
-
-
-
social contributions
22
-
25
-
pensions
87
-
99
-
total
176
-
219
-
Employer
770
-
876
-
pensions
126
-
144
-
social contributions
2
-
3
-
other
27
-
30
-
health
54
-
61
-
unemployment
31
-
35
-
total
240
-
273
-
Corporate
140
1 150
-
-
income
39
322
-
-
surtax
-
-
-
-
total
39
322
-
-
Dividends
101
828
-
-
withholding
13
106
-
-
social contributions
17
142
-
-
surtax
-
-
-
-
total
30
248
-
-
Income
1 150
1 150
1 150
1 150
Total tax
485
570
492
486
After tax
665
580
658
664
Living cost
593
593
593
593
Free-cash
72
-13
65
71

Estimated living cost  is $593 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
$1059
$998
$841
$1014
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%.

-
-
-
1 150
microenterprise

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

-
-
-
12
total
-
-
-
12
Employee
99
-
1 150
-
income
20
-
230
-
total
20
-
230
-
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%.

1 051
1 150
-
-
total
-
-
-
-
Dividends
1 051
1 150
-
-
withholding
53
57
-
-
total
53
57
-
-
Income
1 150
1 150
1 150
1 150
Total tax
73
57
230
12
After tax
1 077
1 093
920
1 138
Living cost
79
79
79
79
Free-cash
998
1 014
841
1 059

Estimated living cost  is $79 per week

$49
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$7
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$2
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$21
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Tbilisi , Georgia
$1015
$946
$797
$970
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%.

-
-
-
1 150
microenterprise

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

-
-
-
12
total
-
-
-
12
Employee
154
-
1 150
-
income
31
-
230
-
total
31
-
230
-
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
1 150
-
-
total
-
-
-
-
Dividends
996
1 150
-
-
withholding
50
57
-
-
total
50
57
-
-
Income
1 150
1 150
1 150
1 150
Total tax
81
57
230
12
After tax
1 069
1 093
920
1 138
Living cost
123
123
123
123
Free-cash
946
970
797
1 015

Estimated living cost  is $123 per week

$83
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.
$30
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
$271
$280
$354
$119
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.

-
-
-
1 150
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
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.

-
-
-
226
trade
-
-
-
83
total
-
-
-
405
Employee

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

611
-
1 150
-
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
-
226
-
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
-
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
-
322
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
539
1 150
-
-
trade
77
165
-
-
income
81
173
-
-
chamber of commerce
3
4
-
-
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
165
351
-
-
Dividends
373
799
-
-
withholding
89
195
-
-
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
-
-
total
94
206
-
-
Income
1 150
1 150
1 150
1 150
Total tax
396
557
322
405
After tax
754
593
828
745
Living cost
474
474
474
474
Free-cash
280
119
354
271

Estimated living cost  is $474 per week

$327
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
$365
$345
$456
$209
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.

-
-
-
1 150
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
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.

-
-
-
226
trade
-
-
-
91
total
-
-
-
413
Employee

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

470
-
1 150
-
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
-
226
-
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
-
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
-
322
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
680
1 150
-
-
trade
107
181
-
-
income
102
173
-
-
chamber of commerce
3
4
-
-
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
9
-
-
total
218
367
-
-
Dividends
462
783
-
-
withholding
111
191
-
-
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
11
-
-
total
117
202
-
-
Income
1 150
1 150
1 150
1 150
Total tax
433
569
322
413
After tax
717
581
828
737
Living cost
372
372
372
372
Free-cash
345
209
456
365

Estimated living cost  is $372 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
$250
$264
$345
$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.

-
-
-
1 150
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
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.

-
-
-
226
trade
-
-
-
95
total
-
-
-
417
Employee

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

623
-
1 150
-
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
-
226
-
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
-
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
-
322
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
527
1 150
-
-
trade
87
189
-
-
income
79
173
-
-
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
173
374
-
-
Dividends
354
775
-
-
withholding
84
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.

5
10
-
-
total
89
199
-
-
Income
1 150
1 150
1 150
1 150
Total tax
403
573
322
417
After tax
747
577
828
733
Living cost
483
483
483
483
Free-cash
264
94
345
250

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
$166
$206
$265
$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

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

-
-
-
1 150
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
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.

-
-
-
226
trade
-
-
-
99
total
-
-
-
421
Employee

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

738
-
1 150
-
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
-
226
-
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
-
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
-
322
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
412
1 150
-
-
trade
71
197
-
-
income
62
173
-
-
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
138
382
-
-
Dividends
273
767
-
-
withholding
64
187
-
-
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
67
197
-
-
Income
1 150
1 150
1 150
1 150
Total tax
381
579
322
421
After tax
769
571
828
729
Living cost
563
563
563
563
Free-cash
206
8
265
166

Estimated living cost  is $563 per week

$411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$45
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$99
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Athens , Greece
$323
$408
$302
$447
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
-
-
-
1 150
surtax
-
-
-
25
unemployment
-
-
-
3
health
-
-
-
82
pensions
-
-
-
230
income
-
-
-
211
other
-
-
-
-
total
-
-
-
551
Employee
414
-
950
-
unemployment
29
-
66
-
other
-
-
-
-
income
69
-
197
-
surtax
1
-
22
-
pensions
28
-
63
-
health
11
-
24
-
total
138
-
372
-
Employer
414
-
950
-
pensions
55
-
127
-
other
-
-
-
-
health
19
-
43
-
unemployment
13
-
30
-
total
87
-
200
-
Corporate
649
1 150
-
-
income
169
299
-
-
total
169
299
-
-
Dividends
480
851
-
-
withholding
72
128
-
-
total
72
128
-
-
Income
1 150
1 150
1 150
1 150
Total tax
466
427
572
551
After tax
684
723
578
599
Living cost
276
276
276
276
Free-cash
408
447
302
323

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
$328
$416
$307
$452
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
-
-
-
1 150
surtax
-
-
-
25
unemployment
-
-
-
3
health
-
-
-
82
pensions
-
-
-
230
income
-
-
-
211
other
-
-
-
-
total
-
-
-
551
Employee
406
-
950
-
unemployment
28
-
66
-
other
-
-
-
-
income
68
-
197
-
surtax
1
-
22
-
pensions
27
-
63
-
health
10
-
24
-
total
134
-
372
-
Employer
406
-
950
-
pensions
54
-
127
-
other
-
-
-
-
health
18
-
43
-
unemployment
13
-
30
-
total
85
-
200
-
Corporate
658
1 150
-
-
income
171
299
-
-
total
171
299
-
-
Dividends
487
851
-
-
withholding
73
128
-
-
total
73
128
-
-
Income
1 150
1 150
1 150
1 150
Total tax
463
427
572
551
After tax
687
723
578
599
Living cost
271
271
271
271
Free-cash
416
452
307
328

Estimated living cost  is $271 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
$551
$410
$422
$404
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
-
-
-
1 150
unemployment
-
-
-
17
health
-
-
-
81
pensions
-
-
-
115
income
-
-
-
141
total
-
-
-
354
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
962
-
unemployment
5
2
14
-
income
43
17
118
-
pensions
35
14
96
-
health
25
10
67
-
total
108
43
295
-
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
962
-
pensions
69
27
188
-
total
69
27
188
-
Corporate
727
982
-
-
income
65
88
-
-
total
65
88
-
-
Dividends
662
893
-
-
withholding
126
170
-
-
social contributions
127
173
-
-
total
253
343
-
-
Income
1 150
1 150
1 150
1 150
Total tax
495
501
483
354
After tax
655
649
667
796
Living cost
245
245
245
245
Free-cash
410
404
422
551

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
$102
$113
$109
$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
-
-
-
1 150
national
-
-
-
185
pensions
-
-
-
138
social contributions
-
-
-
12
municipal
-
-
-
119
total
-
-
-
454
Employee
921
-
994
-
municipal
114
-
124
-
national
176
-
192
-
pensions
37
-
40
-
total
327
-
356
-
Employer
921
-
994
-
pensions
74
-
80
-
social contributions
10
-
11
-
total
84
-
91
-
Corporate
84
1 150
-
-
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%.

17
230
-
-
total
17
230
-
-
Dividends
67
920
-
-
withholding
15
202
-
-
total
15
202
-
-
Income
1 150
1 150
1 150
1 150
Total tax
443
432
447
454
After tax
707
718
703
696
Living cost
594
594
594
594
Free-cash
113
124
109
102

Estimated living cost  is $594 per week

$404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$55
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$9
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Dublin , Ireland
$92
$132
$92
$105
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 150
social contributions
-
-
-
101
income
-
-
-
257
total
-
-
-
358
Employee
961
-
1 150
-
social contributions
80
-
101
-
income
181
-
257
-
total
261
-
358
-
Employer
961
-
1 150
-
total
-
-
-
-
Corporate
189
1 150
-
-
income
24
144
-
-
total
24
144
-
-
Dividends
165
1 006
-
-
withholding
33
201
-
-
total
33
201
-
-
Income
1 150
1 150
1 150
1 150
Total tax
318
345
358
358
After tax
832
805
792
792
Living cost
700
700
700
700
Free-cash
132
105
92
92

Estimated living cost  is $700 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
$77
$32
$22
$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
-
-
-
1 150
national
-
-
-
239
regional
-
-
-
13
social contributions
-
-
-
296
municipal
-
-
-
7
total
-
-
-
555
Employee
1 092
-
1 150
-
municipal
6
-
6
-
national
189
-
204
-
social contributions
368
-
388
-
regional
10
-
11
-
total
573
-
609
-
Employer
1 092
-
1 150
-
total
-
-
-
-
Corporate
58
1 150
-
-
nationa
14
276
-
-
municipal
2
45
-
-
total
16
321
-
-
Dividends
42
829
-
-
withholding
11
216
-
-
total
11
216
-
-
Income
1 150
1 150
1 150
1 150
Total tax
600
537
609
555
After tax
550
613
541
595
Living cost
518
518
518
518
Free-cash
32
94
22
77

Estimated living cost  is $518 per week

$361
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
$260
$246
$206
$274
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
-
-
-
1 150
national
-
-
-
239
regional
-
-
-
17
social contributions
-
-
-
296
municipal
-
-
-
7
total
-
-
-
559
Employee
682
-
1 150
-
municipal
4
-
6
-
national
108
-
204
-
social contributions
230
-
388
-
regional
9
-
15
-
total
351
-
613
-
Employer
682
-
1 150
-
total
-
-
-
-
Corporate
468
1 150
-
-
nationa
112
276
-
-
municipal
23
57
-
-
total
135
333
-
-
Dividends
333
817
-
-
withholding
87
212
-
-
total
87
212
-
-
Income
1 150
1 150
1 150
1 150
Total tax
573
545
613
559
After tax
577
605
537
591
Living cost
331
331
331
331
Free-cash
246
274
206
260

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