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
$680
$555
$524
$640
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
-
-
-
18
total
-
-
-
271
Employee
379
-
996
-
social contributions
25
-
65
-
income
-
-
21
-
total
25
-
86
-
Employer
379
-
996
-
social contributions
59
-
154
-
total
59
-
154
-
Corporate
712
1 150
-
-
income
71
115
-
-
total
71
115
-
-
Dividends
641
1 035
-
-
total
-
-
-
-
Income
1 150
1 150
1 150
1 150
Total tax
155
115
240
271
After tax
995
1 035
910
879
Living cost
355
355
355
355
Free-cash
640
680
555
524

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
$270
-$25
$210
$264
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
chamber of commerce
-
-
-
5
unemployment
-
-
-
72
health
-
-
-
88
pensions
-
-
-
213
income
-
-
-
185
surtax
-
-
-
-
total
-
-
-
563
Employee
516
470
893
-
health
20
18
35
-
pensions
53
48
91
-
other
5
5
9
-
unemployment
15
14
27
-
income
46
35
166
-
total
139
120
328
-
Employer
516
470
893
-
pensions
65
59
112
-
accident
7
6
12
-
unemployment
15
14
27
-
surtax
-
-
-
-
payroll
15
14
27
-
chamber of commerce
2
2
4
-
health
20
18
34
-
other
25
22
42
-
total
149
135
258
-
Corporate
486
544
848
-
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.

121
136
212
-
total
121
136
212
-
Dividends
364
408
-
-
withholding
100
112
-
-
total
100
112
-
-
Income
1 150
1 150
1 150
1 150
Total tax
509
503
798
563
After tax
641
647
352
587
Living cost
377
377
377
377
Free-cash
264
270
-25
210

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
$230
-$64
$169
$211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 150
chamber of commerce
-
-
-
5
unemployment
-
-
-
72
health
-
-
-
88
pensions
-
-
-
213
income
-
-
-
185
surtax
-
-
-
2
total
-
-
-
565
Employee
590
470
891
-
health
23
18
34
-
pensions
60
48
91
-
other
6
5
9
-
unemployment
18
14
27
-
income
67
35
165
-
total
174
120
326
-
Employer
590
470
891
-
pensions
74
59
112
-
accident
8
6
12
-
unemployment
18
14
27
-
surtax
2
2
2
-
payroll
18
14
27
-
chamber of commerce
2
2
4
-
health
22
18
34
-
other
28
22
42
-
total
172
137
260
-
Corporate
388
542
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.

97
135
212
-
total
97
135
212
-
Dividends
291
406
-
-
withholding
80
112
-
-
total
80
112
-
-
Income
1 150
1 150
1 150
1 150
Total tax
523
504
798
565
After tax
627
646
352
585
Living cost
416
416
416
416
Free-cash
211
230
-64
169

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
$215
$19
$114
$38
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 150
social contributions
-
-
-
178
communal

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

-
-
-
58
national
-
-
-
370
total
-
-
-
606
Employee

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

844
-
891
-
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
-
42
-
pensions

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

63
-
67
-
communal

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

44
-
46
-
national
260
-
278
-
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
-
8
-
total
414
-
441
-
Employer

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

844
-
891
-
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.

12
-
13
-
surtax
96
-
101
-
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
-
55
-
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
-
79
-
total
246
-
260
-
Corporate
60
1 150
-
-
surtax
-
5
-
-
income
12
230
-
-
total
12
235
-
-
Dividends
48
915
-
-
withholding

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

10
270
-
-
total
10
270
-
-
Income
1 150
1 150
1 150
1 150
Total tax
682
505
701
606
After tax
468
645
449
544
Living cost
430
430
430
430
Free-cash
38
215
19
114

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
$780
$700
$665
$707
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
-
-
-
47
pensions

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

-
-
-
61
income
-
-
-
172
total
-
-
-
282
Employee
269
-
1 069
-
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
-
107
-
total
66
-
167
-
Employer
269
-
1 069
-
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
829
1 150
-
-
income
83
115
-
-
total
83
115
-
-
Dividends
746
1 035
-
-
withholding
37
52
-
-
total
37
52
-
-
Income
1 150
1 150
1 150
1 150
Total tax
240
167
247
282
After tax
910
983
903
868
Living cost
203
203
203
203
Free-cash
707
780
700
665

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
$828
$748
$713
$774
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
-
-
-
47
pensions

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

-
-
-
61
income
-
-
-
172
total
-
-
-
282
Employee
205
-
1 069
-
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
-
107
-
total
49
-
167
-
Employer
205
-
1 069
-
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
905
1 150
-
-
income
91
115
-
-
total
91
115
-
-
Dividends
815
1 035
-
-
withholding
41
52
-
-
total
41
52
-
-
Income
1 150
1 150
1 150
1 150
Total tax
221
167
247
282
After tax
929
983
903
868
Living cost
155
155
155
155
Free-cash
774
828
748
713

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
$570
$545
$548
$505
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
-
-
-
179
health
-
-
-
29
income
-
-
-
121
total
-
-
-
329
Employee
908
908
1 044
-
health
7
15
18
-
social contributions
34
75
87
-
income
99
84
121
-
total
140
174
226
-
Employer
908
908
1 044
-
social contributions
34
75
87
-
health
8
17
19
-
total
42
92
106
-
Corporate
695
150
-
-
income
87
19
-
-
total
87
19
-
-
Dividends
608
132
-
-
withholding
103
22
-
-
total
103
22
-
-
Income
1 150
1 150
1 150
1 150
Total tax
372
307
332
329
After tax
778
843
818
821
Living cost
273
273
273
273
Free-cash
505
570
545
548

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
$460
$435
$438
$410
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
-
-
-
179
health
-
-
-
29
income
-
-
-
121
total
-
-
-
329
Employee
908
908
1 044
-
health
9
15
18
-
social contributions
44
75
87
-
income
95
84
121
-
total
148
174
226
-
Employer
908
908
1 044
-
social contributions
44
75
87
-
health
10
17
19
-
total
54
92
106
-
Corporate
565
150
-
-
income
71
19
-
-
total
71
19
-
-
Dividends
494
132
-
-
withholding
84
22
-
-
total
84
22
-
-
Income
1 150
1 150
1 150
1 150
Total tax
357
307
332
329
After tax
793
843
818
821
Living cost
383
383
383
383
Free-cash
410
460
435
438

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
$513
$305
$282
$414
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
-
-
-
336
health
-
-
-
155
solidarity contribution
-
-
-
-
income
-
-
-
99
total
-
-
-
590
Employee
408
-
858
-
health
55
-
116
-
social contributions
27
-
56
-
solidarity contribution
-
-
-
-
income
49
-
103
-
total
131
-
275
-
Employer
408
-
858
-
social contributions
102
-
215
-
health
37
-
77
-
total
139
-
292
-
Corporate
603
1 150
-
-
income
115
219
-
-
total
115
219
-
-
Dividends
488
931
-
-
withholding
73
140
-
-
total
73
140
-
-
Income
1 150
1 150
1 150
1 150
Total tax
458
359
567
590
After tax
692
791
583
560
Living cost
278
278
278
278
Free-cash
414
513
305
282

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
$449
$241
$218
$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
-
-
-
1 150
social contributions
-
-
-
336
health
-
-
-
155
solidarity contribution
-
-
-
-
income
-
-
-
99
total
-
-
-
590
Employee
503
-
858
-
health
68
-
116
-
social contributions
33
-
56
-
solidarity contribution
-
-
-
-
income
60
-
103
-
total
161
-
275
-
Employer
503
-
858
-
social contributions
126
-
215
-
health
45
-
77
-
total
171
-
292
-
Corporate
476
1 150
-
-
income
90
219
-
-
total
90
219
-
-
Dividends
385
931
-
-
withholding
58
140
-
-
total
58
140
-
-
Income
1 150
1 150
1 150
1 150
Total tax
480
359
567
590
After tax
670
791
583
560
Living cost
342
342
342
342
Free-cash
328
449
241
218

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
-$1427
-$1427
$146
-$1427
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
labour market
-
-
-
91
municipal
-
-
-
212
pensions
-
-
-
10
national
-
-
-
121
total
-
-
-
434
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
1 150
1 150
1 150
1 150
Total tax
2 007
2 007
2 007
434
After tax
-857
-857
-857
716
Living cost
570
570
570
570
Free-cash
-1 427
-1 427
-1 427
146

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
$635
$377
$331
$561
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
-
-
-
150
pensions
-
-
-
230
income
-
-
-
154
total
-
-
-
534
Employee
335
-
859
-
pensions
7
-
17
-
unemployment
5
-
14
-
income
38
-
166
-
total
50
-
197
-
Employer
335
-
859
-
pensions
67
-
172
-
unemployment
3
-
7
-
health
44
-
112
-
total
114
-
291
-
Corporate
702
1 150
-
-
income
140
230
-
-
total
140
230
-
-
Dividends
562
920
-
-
total
-
-
-
-
Income
1 150
1 150
1 150
1 150
Total tax
304
230
488
534
After tax
846
920
662
616
Living cost
285
285
285
285
Free-cash
561
635
377
331

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
$314
$206
$366
$285
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
health
-
-
-
13
municipal
-
-
-
205
national
-
-
-
113
total
-
-
-
331
Employee
621
-
967
-
health
5
-
10
-
municipal
102
-
158
-
pensions
42
-
65
-
national
10
-
61
-
unemployment
9
-
15
-
total
168
-
309
-
Employer
621
-
967
-
accident
1
-
1
-
unemployment
4
-
6
-
health
5
-
7
-
pensions
108
-
168
-
total
118
-
182
-
Corporate
412
1 150
-
-
income
82
230
-
-
total
82
230
-
-
Dividends

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

247
690
-
-
municipal
44
124
-
-
national
-
29
-
-
total
44
153
-
-
Income
1 150
1 150
1 150
1 150
Total tax
412
383
491
331
After tax
738
767
659
819
Living cost
453
453
453
453
Free-cash
285
314
206
366

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
$216
$288
$298
$282
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
-
-
-
33
health
-
-
-
20
pensions
-
-
-
294
other
-
-
-
36
income
-
-
-
105
surtax
-
-
-
-
total
-
-
-
488
Employee
451
-
876
-
income
23
-
100
-
social contributions
13
-
25
-
pensions
51
-
99
-
surtax
-
-
-
-
total
87
-
224
-
Employer
451
-
876
-
pensions
74
-
144
-
social contributions
1
-
3
-
unemployment
18
-
36
-
health
32
-
61
-
other
16
-
30
-
total
141
-
274
-
Corporate
558
1 150
-
-
surtax
-
-
-
-
income
156
322
-
-
total
156
322
-
-
Dividends
402
828
-
-
surtax
-
-
-
-
withholding
51
106
-
-
social contributions
69
142
-
-
total
120
248
-
-
Income
1 150
1 150
1 150
1 150
Total tax
504
570
498
488
After tax
646
580
652
662
Living cost
364
364
364
364
Free-cash
282
216
288
298

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
$176
$248
$258
$247
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 150
social contributions
-
-
-
33
health
-
-
-
20
pensions
-
-
-
294
other
-
-
-
36
income
-
-
-
105
surtax
-
-
-
-
total
-
-
-
488
Employee
505
-
876
-
income
30
-
100
-
social contributions
14
-
25
-
pensions
57
-
99
-
surtax
-
-
-
-
total
101
-
224
-
Employer
505
-
876
-
pensions
83
-
144
-
social contributions
2
-
3
-
unemployment
20
-
36
-
health
35
-
61
-
other
17
-
30
-
total
157
-
274
-
Corporate
487
1 150
-
-
surtax
-
-
-
-
income
136
322
-
-
total
136
322
-
-
Dividends
351
828
-
-
surtax
-
-
-
-
withholding
45
106
-
-
social contributions
60
142
-
-
total
105
248
-
-
Income
1 150
1 150
1 150
1 150
Total tax
499
570
498
488
After tax
651
580
652
662
Living cost
404
404
404
404
Free-cash
247
176
248
258

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
$10
$82
$92
$91
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
-
-
-
33
health
-
-
-
20
pensions
-
-
-
294
other
-
-
-
36
income
-
-
-
105
surtax
-
-
-
-
total
-
-
-
488
Employee
739
-
876
-
income
64
-
100
-
social contributions
21
-
25
-
pensions
84
-
99
-
surtax
-
-
-
-
total
169
-
224
-
Employer
739
-
876
-
pensions
121
-
144
-
social contributions
2
-
3
-
unemployment
30
-
36
-
health
52
-
61
-
other
26
-
30
-
total
231
-
274
-
Corporate
180
1 150
-
-
surtax
-
-
-
-
income
50
322
-
-
total
50
322
-
-
Dividends
130
828
-
-
surtax
-
-
-
-
withholding
17
106
-
-
social contributions
22
142
-
-
total
39
248
-
-
Income
1 150
1 150
1 150
1 150
Total tax
489
570
498
488
After tax
661
580
652
662
Living cost
570
570
570
570
Free-cash
91
10
82
92

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
$1009
$837
$1055
$994
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
104
-
1 150
-
income
21
-
230
-
total
21
-
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%.

1 046
1 150
-
-
total
-
-
-
-
Dividends
1 046
1 150
-
-
withholding
52
58
-
-
total
52
58
-
-
Income
1 150
1 150
1 150
1 150
Total tax
73
58
230
12
After tax
1 077
1 092
920
1 138
Living cost
83
83
83
83
Free-cash
994
1 009
837
1 055

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
$962
$790
$1008
$939
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
162
-
1 150
-
income
32
-
230
-
total
32
-
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%.

988
1 150
-
-
total
-
-
-
-
Dividends
988
1 150
-
-
withholding
49
58
-
-
total
49
58
-
-
Income
1 150
1 150
1 150
1 150
Total tax
81
58
230
12
After tax
1 069
1 092
920
1 138
Living cost
130
130
130
130
Free-cash
939
962
790
1 008

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
$138
$366
$280
$291
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
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
-
-
-
86
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.

-
-
-
234
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.

-
-
-
13
total
-
-
-
414
Employee

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

587
-
1 150
-
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
-
13
-
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
-
234
-
total
132
-
328
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
563
1 150
-
-
trade
81
165
-
-
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
84
173
-
-
total
173
350
-
-
Dividends
390
799
-
-
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
-
-
withholding
93
195
-
-
total
98
206
-
-
Income
1 150
1 150
1 150
1 150
Total tax
403
556
328
414
After tax
747
594
822
736
Living cost
456
456
456
456
Free-cash
291
138
366
280

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
$224
$464
$370
$353
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
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.

-
-
-
234
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.

-
-
-
13
total
-
-
-
423
Employee

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

451
-
1 150
-
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
-
13
-
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
-
234
-
total
95
-
328
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
699
1 150
-
-
trade
110
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.

6
9
-
-
chamber of commerce
3
3
-
-
income
105
173
-
-
total
224
366
-
-
Dividends
475
783
-
-
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
-
-
withholding
114
191
-
-
total
120
202
-
-
Income
1 150
1 150
1 150
1 150
Total tax
439
568
328
423
After tax
711
582
822
727
Living cost
358
358
358
358
Free-cash
353
224
464
370

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
$113
$358
$259
$276
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
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
-
-
-
99
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.

-
-
-
234
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.

-
-
-
13
total
-
-
-
427
Employee

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

599
-
1 150
-
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
-
13
-
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
-
234
-
total
135
-
328
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
551
1 150
-
-
trade
91
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
9
-
-
chamber of commerce
3
3
-
-
income
83
173
-
-
total
182
374
-
-
Dividends
371
775
-
-
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
88
189
-
-
total
93
199
-
-
Income
1 150
1 150
1 150
1 150
Total tax
410
573
328
427
After tax
740
577
822
723
Living cost
464
464
464
464
Free-cash
276
113
358
259

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
$30
$281
$178
$219
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
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
-
-
-
103
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.

-
-
-
234
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.

-
-
-
13
total
-
-
-
431
Employee

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

709
-
1 150
-
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
-
13
-
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
-
234
-
total
169
-
328
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
441
1 150
-
-
trade
76
197
-
-
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
2
3
-
-
income
66
173
-
-
total
148
382
-
-
Dividends
293
767
-
-
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
69
187
-
-
total
73
197
-
-
Income
1 150
1 150
1 150
1 150
Total tax
390
579
328
431
After tax
760
571
822
719
Living cost
541
541
541
541
Free-cash
219
30
281
178

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
$458
$308
$329
$420
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 150
unemployment
-
-
-
3
health
-
-
-
82
pensions
-
-
-
230
other
-
-
-
-
income
-
-
-
215
surtax
-
-
-
26
total
-
-
-
556
Employee
397
-
950
-
health
10
-
24
-
pensions
27
-
63
-
surtax
1
-
23
-
other
-
-
-
-
unemployment
28
-
66
-
income
67
-
201
-
total
133
-
377
-
Employer
397
-
950
-
pensions
53
-
127
-
unemployment
13
-
30
-
health
18
-
43
-
other
-
-
-
-
total
84
-
200
-
Corporate
669
1 150
-
-
income
174
299
-
-
total
174
299
-
-
Dividends
495
851
-
-
withholding
74
128
-
-
total
74
128
-
-
Income
1 150
1 150
1 150
1 150
Total tax
465
427
577
556
After tax
685
723
573
594
Living cost
265
265
265
265
Free-cash
420
458
308
329

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
$463
$313
$334
$428
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
-
-
-
3
health
-
-
-
82
pensions
-
-
-
230
other
-
-
-
-
income
-
-
-
215
surtax
-
-
-
26
total
-
-
-
556
Employee
390
-
950
-
health
10
-
24
-
pensions
26
-
63
-
surtax
1
-
23
-
other
-
-
-
-
unemployment
27
-
66
-
income
65
-
201
-
total
129
-
377
-
Employer
390
-
950
-
pensions
52
-
127
-
unemployment
12
-
30
-
health
18
-
43
-
other
-
-
-
-
total
82
-
200
-
Corporate
678
1 150
-
-
income
176
299
-
-
total
176
299
-
-
Dividends
501
851
-
-
withholding
75
128
-
-
total
75
128
-
-
Income
1 150
1 150
1 150
1 150
Total tax
462
427
577
556
After tax
688
723
573
594
Living cost
260
260
260
260
Free-cash
428
463
313
334

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
$418
$436
$564
$422
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.

334
133
962
-
health
23
9
67
-
pensions
33
13
96
-
unemployment
5
2
14
-
income
41
16
118
-
total
102
40
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.

334
133
962
-
pensions
65
26
188
-
total
65
26
188
-
Corporate
751
991
-
-
income
68
89
-
-
total
68
89
-
-
Dividends
683
902
-
-
withholding
130
171
-
-
social contributions
132
174
-
-
total
262
345
-
-
Income
1 150
1 150
1 150
1 150
Total tax
497
500
483
354
After tax
653
650
667
796
Living cost
232
232
232
232
Free-cash
422
418
436
564

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
$122
$107
$100
$112
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
-
-
-
12
municipal
-
-
-
119
pensions
-
-
-
138
national
-
-
-
185
total
-
-
-
454
Employee
924
-
994
-
municipal
114
-
124
-
pensions
37
-
40
-
national
177
-
192
-
total
328
-
356
-
Employer
924
-
994
-
social contributions
10
-
11
-
pensions
74
-
80
-
total
84
-
91
-
Corporate
82
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%.

16
230
-
-
total
16
230
-
-
Dividends
65
920
-
-
withholding
14
202
-
-
total
14
202
-
-
Income
1 150
1 150
1 150
1 150
Total tax
442
432
447
454
After tax
708
718
703
696
Living cost
596
596
596
596
Free-cash
112
122
107
100

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
$133
$111
$111
$159
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
-
-
-
102
income
-
-
-
265
total
-
-
-
367
Employee
923
-
1 150
-
social contributions
77
-
102
-
income
174
-
265
-
total
251
-
367
-
Employer
923
-
1 150
-
total
-
-
-
-
Corporate
227
1 150
-
-
income
28
144
-
-
total
28
144
-
-
Dividends
198
1 006
-
-
withholding
40
201
-
-
total
40
201
-
-
Income
1 150
1 150
1 150
1 150
Total tax
319
345
367
367
After tax
831
805
783
783
Living cost
672
672
672
672
Free-cash
159
133
111
111

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
$115
$40
$94
$53
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
regional
-
-
-
13
social contributions
-
-
-
296
municipal
-
-
-
7
national
-
-
-
242
total
-
-
-
558
Employee
1 049
-
1 150
-
regional
10
-
11
-
municipal
6
-
6
-
social contributions
354
-
388
-
national
182
-
207
-
total
552
-
612
-
Employer
1 049
-
1 150
-
total
-
-
-
-
Corporate
101
1 150
-
-
nationa
24
276
-
-
municipal
4
45
-
-
total
28
321
-
-
Dividends
73
829
-
-
withholding
19
216
-
-
total
19
216
-
-
Income
1 150
1 150
1 150
1 150
Total tax
599
537
612
558
After tax
551
613
538
592
Living cost
498
498
498
498
Free-cash
53
115
40
94

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
$287
$216
$270
$260
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
regional
-
-
-
17
social contributions
-
-
-
296
municipal
-
-
-
7
national
-
-
-
242
total
-
-
-
562
Employee
655
-
1 150
-
regional
9
-
15
-
municipal
3
-
6
-
social contributions
221
-
388
-
national
104
-
207
-
total
337
-
616
-
Employer
655
-
1 150
-
total
-
-
-
-
Corporate
495
1 150
-
-
nationa
119
276
-
-
municipal
25
57
-
-
total
144
333
-
-
Dividends
352
817
-
-
withholding
91
212
-
-
total
91
212
-
-
Income
1 150
1 150
1 150
1 150
Total tax
572
545
616
562
After tax
578
605
534
588
Living cost
318
318
318
318
Free-cash
260
287
216
270

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