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
$ 1200
per

Your estimated
City
free-cash

Andorra , Andorra
$546
$668
$578
$709
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
-
-
-
1 200
social contributions
-
-
-
264
income
-
-
-
19
total
-
-
-
283
Employee
397
-
1 039
-
social contributions
26
-
68
-
income
-
-
22
-
total
26
-
90
-
Employer
397
-
1 039
-
social contributions
61
-
161
-
total
61
-
161
-
Corporate
742
1 200
-
-
income
74
120
-
-
total
74
120
-
-
Dividends
668
1 080
-
-
total
-
-
-
-
Income
1 200
1 200
1 200
1 200
Total tax
161
120
251
283
After tax
1 039
1 080
949
917
Living cost
371
371
371
371
Free-cash
668
709
578
546

Estimated living cost  is $371 per week

$240
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
$218
$276
-$24
$280
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
-
-
-
1 200
surtax
-
-
-
-
unemployment
-
-
-
76
health
-
-
-
92
chamber of commerce
-
-
-
5
pensions
-
-
-
222
income
-
-
-
193
total
-
-
-
588
Employee
539
492
932
-
unemployment
16
15
28
-
other
5
5
9
-
income
48
36
173
-
pensions
55
50
95
-
health
21
19
36
-
total
145
125
341
-
Employer
539
492
932
-
pensions
68
62
117
-
surtax
-
-
-
-
payroll
16
15
28
-
other
26
23
44
-
health
20
19
35
-
accident
7
6
12
-
unemployment
16
15
28
-
chamber of commerce
2
2
4
-
total
155
142
268
-
Corporate
505
567
885
-
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.

126
142
221
-
total
126
142
221
-
Dividends
379
425
-
-
withholding
104
117
-
-
total
104
117
-
-
Income
1 200
1 200
1 200
1 200
Total tax
530
526
830
588
After tax
670
674
370
612
Living cost
394
394
394
394
Free-cash
276
280
-24
218

Estimated living cost  is $394 per week

$236
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
$175
$223
-$66
$239
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
-
-
-
1 200
surtax
-
-
-
2
unemployment
-
-
-
76
health
-
-
-
92
chamber of commerce
-
-
-
5
pensions
-
-
-
222
income
-
-
-
193
total
-
-
-
590
Employee
617
492
930
-
unemployment
18
15
28
-
other
6
5
9
-
income
70
36
172
-
pensions
63
50
95
-
health
24
19
36
-
total
181
125
340
-
Employer
617
492
930
-
pensions
77
62
117
-
surtax
2
2
2
-
payroll
18
15
28
-
other
29
23
44
-
health
23
19
35
-
accident
8
6
12
-
unemployment
18
15
28
-
chamber of commerce
2
2
4
-
total
177
144
270
-
Corporate
404
564
883
-
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.

101
141
221
-
total
101
141
221
-
Dividends
303
423
-
-
withholding
83
116
-
-
total
83
116
-
-
Income
1 200
1 200
1 200
1 200
Total tax
542
526
831
590
After tax
658
674
369
610
Living cost
435
435
435
435
Free-cash
223
239
-66
175

Estimated living cost  is $435 per week

$290
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.
$101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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
$118
$40
$20
$223
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
-
-
-
1 200
national
-
-
-
386
communal

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

-
-
-
61
social contributions
-
-
-
185
total
-
-
-
632
Employee

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

883
-
929
-
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
271
-
290
-
communal

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

46
-
48
-
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
-
70
-
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
-
44
-
total
432
-
460
-
Employer

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

883
-
929
-
surtax
100
-
105
-
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
-
82
-
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
-
57
-
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
-
14
-
total
256
-
270
-
Corporate
61
1 200
-
-
income
12
240
-
-
surtax
-
5
-
-
total
12
245
-
-
Dividends
48
955
-
-
withholding

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

10
282
-
-
total
10
282
-
-
Income
1 200
1 200
1 200
1 200
Total tax
710
527
730
632
After tax
490
673
470
568
Living cost
450
450
450
450
Free-cash
40
223
20
118

Estimated living cost  is $450 per week

$290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$39
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sofia , Bulgaria
$692
$739
$728
$814
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
-
-
-
1 200
unemployment
-
-
-
2
health
-
-
-
50
pensions

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

-
-
-
64
income
-
-
-
180
total
-
-
-
296
Employee
281
-
1 115
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
income
28
-
112
-
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
-
175
-
Employer
281
-
1 115
-
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
864
1 200
-
-
income
86
120
-
-
total
86
120
-
-
Dividends
777
1 080
-
-
withholding
39
54
-
-
total
39
54
-
-
Income
1 200
1 200
1 200
1 200
Total tax
249
174
260
296
After tax
951
1 026
940
904
Living cost
212
212
212
212
Free-cash
739
814
728
692

Estimated living cost  is $212 per week

$140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$55
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
$742
$808
$778
$864
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
-
-
-
1 200
unemployment
-
-
-
2
health
-
-
-
50
pensions

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

-
-
-
64
income
-
-
-
180
total
-
-
-
296
Employee
214
-
1 115
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
income
21
-
112
-
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
-
175
-
Employer
214
-
1 115
-
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
944
1 200
-
-
income
94
120
-
-
total
94
120
-
-
Dividends
849
1 080
-
-
withholding
42
54
-
-
total
42
54
-
-
Income
1 200
1 200
1 200
1 200
Total tax
230
174
260
296
After tax
970
1 026
940
904
Living cost
162
162
162
162
Free-cash
808
864
778
742

Estimated living cost  is $162 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
$570
$526
$569
$592
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
-
-
-
1 200
health
-
-
-
31
social contributions
-
-
-
187
income
-
-
-
126
total
-
-
-
344
Employee
949
949
1 089
-
income
103
88
126
-
social contributions
36
79
90
-
health
7
16
19
-
total
146
183
235
-
Employer
949
949
1 089
-
social contributions
36
79
90
-
health
8
18
20
-
total
44
97
110
-
Corporate
724
155
-
-
income
90
19
-
-
total
90
19
-
-
Dividends
633
136
-
-
withholding
108
23
-
-
total
108
23
-
-
Income
1 200
1 200
1 200
1 200
Total tax
388
322
345
344
After tax
812
878
855
856
Living cost
286
286
286
286
Free-cash
526
592
569
570

Estimated living cost  is $286 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
$456
$427
$455
$478
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
-
-
-
1 200
health
-
-
-
31
social contributions
-
-
-
187
income
-
-
-
126
total
-
-
-
344
Employee
949
949
1 089
-
income
100
88
126
-
social contributions
46
79
90
-
health
9
16
19
-
total
155
183
235
-
Employer
949
949
1 089
-
social contributions
46
79
90
-
health
10
18
20
-
total
56
97
110
-
Corporate
588
155
-
-
income
74
19
-
-
total
74
19
-
-
Dividends
515
136
-
-
withholding
88
23
-
-
total
88
23
-
-
Income
1 200
1 200
1 200
1 200
Total tax
373
322
345
344
After tax
827
878
855
856
Living cost
400
400
400
400
Free-cash
427
478
455
456

Estimated living cost  is $400 per week

$274
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.
$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
Brno , Czech Republic
$300
$440
$324
$541
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
-
-
-
1 200
health
-
-
-
162
social contributions
-
-
-
350
income
-
-
-
103
solidarity contribution
-
-
-
-
total
-
-
-
615
Employee
420
-
896
-
income
50
-
107
-
social contributions
27
-
58
-
health
57
-
121
-
solidarity contribution
-
-
-
-
total
134
-
286
-
Employer
420
-
896
-
social contributions
105
-
224
-
health
38
-
81
-
total
143
-
305
-
Corporate
638
1 200
-
-
income
121
228
-
-
total
121
228
-
-
Dividends
517
972
-
-
withholding
77
146
-
-
total
77
146
-
-
Income
1 200
1 200
1 200
1 200
Total tax
475
374
591
615
After tax
725
826
609
585
Living cost
285
285
285
285
Free-cash
440
541
324
300

Estimated living cost  is $285 per week

$198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$61
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
$233
$348
$257
$474
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
-
-
-
1 200
health
-
-
-
162
social contributions
-
-
-
350
income
-
-
-
103
solidarity contribution
-
-
-
-
total
-
-
-
615
Employee
517
-
896
-
income
62
-
107
-
social contributions
34
-
58
-
health
70
-
121
-
solidarity contribution
-
-
-
-
total
166
-
286
-
Employer
517
-
896
-
social contributions
129
-
224
-
health
47
-
81
-
total
176
-
305
-
Corporate
507
1 200
-
-
income
96
228
-
-
total
96
228
-
-
Dividends
411
972
-
-
withholding
62
146
-
-
total
62
146
-
-
Income
1 200
1 200
1 200
1 200
Total tax
500
374
591
615
After tax
700
826
609
585
Living cost
352
352
352
352
Free-cash
348
474
257
233

Estimated living cost  is $352 per week

$261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$19
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$65
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
$150
-$1495
-$1495
-$1495
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
-
-
-
1 200
national
-
-
-
127
pensions
-
-
-
11
municipal
-
-
-
221
labour market
-
-
-
95
total
-
-
-
454
Employee
2 515
2 515
2 515
-
municipal
535
535
535
-
national
307
307
307
-
pensions
4
4
4
-
labour market
201
201
201
-
total
1 047
1 047
1 047
-
Employer
2 515
2 515
2 515
-
pensions
7
7
7
-
labour market
201
201
201
-
municipal
536
536
536
-
national
308
308
308
-
total
1 052
1 052
1 052
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
1 200
1 200
1 200
1 200
Total tax
2 099
2 099
2 099
454
After tax
-899
-899
-899
746
Living cost
596
596
596
596
Free-cash
-1 495
-1 495
-1 495
150

Estimated living cost  is $596 per week

$408
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
$345
$586
$394
$662
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
-
-
-
1 200
health
-
-
-
156
pensions
-
-
-
240
income
-
-
-
161
total
-
-
-
557
Employee
350
-
897
-
unemployment
6
-
14
-
income
39
-
173
-
pensions
7
-
18
-
total
52
-
205
-
Employer
350
-
897
-
pensions
70
-
179
-
health
45
-
117
-
unemployment
3
-
7
-
total
118
-
303
-
Corporate
732
1 200
-
-
income
146
240
-
-
total
146
240
-
-
Dividends
585
960
-
-
total
-
-
-
-
Income
1 200
1 200
1 200
1 200
Total tax
316
240
508
557
After tax
884
960
692
643
Living cost
298
298
298
298
Free-cash
586
662
394
345

Estimated living cost  is $298 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
$382
$295
$213
$326
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

-
-
-
1 200
national
-
-
-
117
health
-
-
-
13
municipal
-
-
-
214
total
-
-
-
344
Employee
649
-
1 010
-
unemployment
10
-
15
-
municipal
106
-
165
-
national
11
-
64
-
pensions
44
-
68
-
health
5
-
10
-
total
176
-
322
-
Employer
649
-
1 010
-
pensions
113
-
175
-
health
5
-
8
-
accident
1
-
1
-
unemployment
4
-
7
-
total
123
-
191
-
Corporate
428
1 200
-
-
income
86
240
-
-
total
86
240
-
-
Dividends

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

257
720
-
-
municipal
46
130
-
-
national
-
30
-
-
total
46
160
-
-
Income
1 200
1 200
1 200
1 200
Total tax
431
400
513
344
After tax
769
800
687
856
Living cost
474
474
474
474
Free-cash
295
326
213
382

Estimated living cost  is $474 per week

$309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$46
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
$313
$295
$301
$224
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
-
-
-
1 200
surtax
-
-
-
-
health
-
-
-
20
pensions
-
-
-
307
social contributions
-
-
-
34
income
-
-
-
109
other
-
-
-
37
total
-
-
-
507
Employee
471
-
914
-
income
24
-
104
-
surtax
-
-
-
-
social contributions
13
-
26
-
pensions
53
-
103
-
total
90
-
233
-
Employer
471
-
914
-
pensions
77
-
150
-
social contributions
1
-
3
-
other
16
-
32
-
health
33
-
64
-
unemployment
19
-
37
-
total
146
-
286
-
Corporate
581
1 200
-
-
income
163
336
-
-
surtax
-
-
-
-
total
163
336
-
-
Dividends
419
864
-
-
withholding
54
111
-
-
social contributions
72
149
-
-
surtax
-
-
-
-
total
126
260
-
-
Income
1 200
1 200
1 200
1 200
Total tax
525
596
519
507
After tax
675
604
681
693
Living cost
380
380
380
380
Free-cash
295
224
301
313

Estimated living cost  is $380 per week

$221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$39
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
$271
$255
$259
$182
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
-
-
-
1 200
surtax
-
-
-
-
health
-
-
-
20
pensions
-
-
-
307
social contributions
-
-
-
34
income
-
-
-
109
other
-
-
-
37
total
-
-
-
507
Employee
528
-
914
-
income
31
-
104
-
surtax
-
-
-
-
social contributions
15
-
26
-
pensions
60
-
103
-
total
106
-
233
-
Employer
528
-
914
-
pensions
87
-
150
-
social contributions
2
-
3
-
other
18
-
32
-
health
37
-
64
-
unemployment
21
-
37
-
total
165
-
286
-
Corporate
507
1 200
-
-
income
142
336
-
-
surtax
-
-
-
-
total
142
336
-
-
Dividends
365
864
-
-
withholding
47
111
-
-
social contributions
63
149
-
-
surtax
-
-
-
-
total
110
260
-
-
Income
1 200
1 200
1 200
1 200
Total tax
523
596
519
507
After tax
677
604
681
693
Living cost
422
422
422
422
Free-cash
255
182
259
271

Estimated living cost  is $422 per week

$266
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
$97
$95
$85
$8
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 200
surtax
-
-
-
-
health
-
-
-
20
pensions
-
-
-
307
social contributions
-
-
-
34
income
-
-
-
109
other
-
-
-
37
total
-
-
-
507
Employee
773
-
914
-
income
67
-
104
-
surtax
-
-
-
-
social contributions
22
-
26
-
pensions
87
-
103
-
total
176
-
233
-
Employer
773
-
914
-
pensions
127
-
150
-
social contributions
2
-
3
-
other
27
-
32
-
health
54
-
64
-
unemployment
31
-
37
-
total
241
-
286
-
Corporate
186
1 200
-
-
income
52
336
-
-
surtax
-
-
-
-
total
52
336
-
-
Dividends
134
864
-
-
withholding
17
111
-
-
social contributions
23
149
-
-
surtax
-
-
-
-
total
40
260
-
-
Income
1 200
1 200
1 200
1 200
Total tax
509
596
519
507
After tax
691
604
681
693
Living cost
596
596
596
596
Free-cash
95
8
85
97

Estimated living cost  is $596 per week

$403
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.
$136
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
$1109
$1046
$881
$1061
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%.

-
-
-
1 200
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
-
1 200
-
income
20
-
240
-
total
20
-
240
-
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%.

1 101
1 200
-
-
total
-
-
-
-
Dividends
1 101
1 200
-
-
withholding
55
60
-
-
total
55
60
-
-
Income
1 200
1 200
1 200
1 200
Total tax
75
60
240
12
After tax
1 125
1 140
960
1 188
Living cost
79
79
79
79
Free-cash
1 046
1 061
881
1 109

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
$1065
$994
$837
$1017
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%.

-
-
-
1 200
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
-
1 200
-
income
31
-
240
-
total
31
-
240
-
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
1 200
-
-
total
-
-
-
-
Dividends
1 046
1 200
-
-
withholding
52
60
-
-
total
52
60
-
-
Income
1 200
1 200
1 200
1 200
Total tax
83
60
240
12
After tax
1 117
1 140
960
1 188
Living cost
123
123
123
123
Free-cash
994
1 017
837
1 065

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.
$31
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
$293
$305
$383
$143
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.

-
-
-
1 200
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
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.

-
-
-
244
trade
-
-
-
90
total
-
-
-
431
Employee

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

614
-
1 200
-
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
-
244
-
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
-
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
-
341
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
586
1 200
-
-
trade
84
172
-
-
income
88
180
-
-
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.

5
10
-
-
total
180
366
-
-
Dividends
407
834
-
-
withholding
97
204
-
-
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
102
215
-
-
Income
1 200
1 200
1 200
1 200
Total tax
419
581
341
431
After tax
781
619
859
769
Living cost
476
476
476
476
Free-cash
305
143
383
293

Estimated living cost  is $476 per week

$329
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.
$90
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
$386
$369
$485
$232
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.

-
-
-
1 200
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
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.

-
-
-
244
trade
-
-
-
99
total
-
-
-
440
Employee

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

472
-
1 200
-
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
-
244
-
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
-
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
-
341
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
728
1 200
-
-
trade
115
189
-
-
income
109
180
-
-
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
10
-
-
total
233
383
-
-
Dividends
495
817
-
-
withholding
119
200
-
-
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.

7
11
-
-
total
126
211
-
-
Income
1 200
1 200
1 200
1 200
Total tax
457
594
341
440
After tax
743
606
859
760
Living cost
374
374
374
374
Free-cash
369
232
485
386

Estimated living cost  is $374 per week

$235
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.
$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
$271
$289
$374
$115
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.

-
-
-
1 200
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
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.

-
-
-
244
trade
-
-
-
103
total
-
-
-
444
Employee

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

626
-
1 200
-
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
-
244
-
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
-
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
-
341
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
574
1 200
-
-
trade
94
197
-
-
income
86
180
-
-
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.

5
10
-
-
total
188
391
-
-
Dividends
386
809
-
-
withholding
92
198
-
-
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
97
209
-
-
Income
1 200
1 200
1 200
1 200
Total tax
426
600
341
444
After tax
774
600
859
756
Living cost
485
485
485
485
Free-cash
289
115
374
271

Estimated living cost  is $485 per week

$324
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
$187
$228
$294
$29
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.

-
-
-
1 200
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
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.

-
-
-
244
trade
-
-
-
107
total
-
-
-
448
Employee

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

741
-
1 200
-
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
-
244
-
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
-
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
-
341
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
459
1 200
-
-
trade
79
206
-
-
income
69
180
-
-
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
10
-
-
total
155
400
-
-
Dividends
305
801
-
-
withholding
72
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.

4
11
-
-
total
76
206
-
-
Income
1 200
1 200
1 200
1 200
Total tax
407
606
341
448
After tax
793
594
859
752
Living cost
565
565
565
565
Free-cash
228
29
294
187

Estimated living cost  is $565 per week

$413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$45
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Athens , Greece
$344
$439
$322
$478
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
-
-
-
1 200
surtax
-
-
-
27
unemployment
-
-
-
3
health
-
-
-
85
pensions
-
-
-
240
income
-
-
-
224
other
-
-
-
-
total
-
-
-
579
Employee
415
-
991
-
unemployment
29
-
69
-
other
-
-
-
-
income
70
-
209
-
surtax
1
-
24
-
pensions
28
-
66
-
health
11
-
25
-
total
139
-
393
-
Employer
415
-
991
-
pensions
55
-
132
-
other
-
-
-
-
health
19
-
45
-
unemployment
13
-
31
-
total
87
-
208
-
Corporate
697
1 200
-
-
income
181
312
-
-
total
181
312
-
-
Dividends
516
888
-
-
withholding
77
133
-
-
total
77
133
-
-
Income
1 200
1 200
1 200
1 200
Total tax
484
445
601
579
After tax
716
755
599
621
Living cost
277
277
277
277
Free-cash
439
478
322
344

Estimated living cost  is $277 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
$349
$446
$327
$483
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
-
-
-
1 200
surtax
-
-
-
27
unemployment
-
-
-
3
health
-
-
-
85
pensions
-
-
-
240
income
-
-
-
224
other
-
-
-
-
total
-
-
-
579
Employee
408
-
991
-
unemployment
28
-
69
-
other
-
-
-
-
income
68
-
209
-
surtax
1
-
24
-
pensions
27
-
66
-
health
10
-
25
-
total
134
-
393
-
Employer
408
-
991
-
pensions
54
-
132
-
other
-
-
-
-
health
19
-
45
-
unemployment
13
-
31
-
total
86
-
208
-
Corporate
706
1 200
-
-
income
184
312
-
-
total
184
312
-
-
Dividends
523
888
-
-
withholding
78
133
-
-
total
78
133
-
-
Income
1 200
1 200
1 200
1 200
Total tax
482
445
601
579
After tax
718
755
599
621
Living cost
272
272
272
272
Free-cash
446
483
327
349

Estimated living cost  is $272 per week

$166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$74
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Budapest , Hungary
$584
$434
$449
$430
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
-
-
-
1 200
unemployment
-
-
-
18
health
-
-
-
84
pensions
-
-
-
120
income
-
-
-
147
total
-
-
-
369
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.

356
142
1 004
-
unemployment
5
2
15
-
income
44
17
123
-
pensions
36
14
100
-
health
25
10
70
-
total
110
43
308
-
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.

356
142
1 004
-
pensions
69
28
196
-
total
69
28
196
-
Corporate
774
1 031
-
-
income
70
93
-
-
total
70
93
-
-
Dividends
705
938
-
-
withholding
134
178
-
-
social contributions
136
181
-
-
total
270
359
-
-
Income
1 200
1 200
1 200
1 200
Total tax
519
523
504
369
After tax
681
677
696
831
Living cost
247
247
247
247
Free-cash
434
430
449
584

Estimated living cost  is $247 per week

$168
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
$128
$143
$138
$153
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
-
-
-
1 200
national
-
-
-
194
pensions
-
-
-
144
social contributions
-
-
-
13
municipal
-
-
-
125
total
-
-
-
476
Employee
924
-
1 037
-
municipal
114
-
130
-
national
177
-
201
-
pensions
37
-
41
-
total
328
-
372
-
Employer
924
-
1 037
-
pensions
74
-
83
-
social contributions
10
-
11
-
total
84
-
94
-
Corporate
132
1 200
-
-
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%.

26
240
-
-
total
26
240
-
-
Dividends
105
960
-
-
withholding
23
211
-
-
total
23
211
-
-
Income
1 200
1 200
1 200
1 200
Total tax
461
451
466
476
After tax
739
749
734
724
Living cost
596
596
596
596
Free-cash
143
153
138
128

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
$115
$165
$115
$137
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
-
-
-
1 200
social contributions
-
-
-
106
income
-
-
-
276
total
-
-
-
382
Employee
965
-
1 200
-
social contributions
80
-
106
-
income
182
-
276
-
total
262
-
382
-
Employer
965
-
1 200
-
total
-
-
-
-
Corporate
235
1 200
-
-
income
29
150
-
-
total
29
150
-
-
Dividends
206
1 050
-
-
withholding
41
210
-
-
total
41
210
-
-
Income
1 200
1 200
1 200
1 200
Total tax
332
360
382
382
After tax
868
840
818
818
Living cost
703
703
703
703
Free-cash
165
137
115
115

Estimated living cost  is $703 per week

$535
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.
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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
$97
$55
$40
$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
-
-
-
1 200
national
-
-
-
253
regional
-
-
-
13
social contributions
-
-
-
309
municipal
-
-
-
7
total
-
-
-
582
Employee
1 096
-
1 200
-
municipal
6
-
6
-
national
190
-
216
-
social contributions
370
-
405
-
regional
10
-
12
-
total
576
-
639
-
Employer
1 096
-
1 200
-
total
-
-
-
-
Corporate
104
1 200
-
-
nationa
25
288
-
-
municipal
4
47
-
-
total
29
335
-
-
Dividends
75
865
-
-
withholding
19
225
-
-
total
19
225
-
-
Income
1 200
1 200
1 200
1 200
Total tax
624
560
639
582
After tax
576
640
561
618
Living cost
521
521
521
521
Free-cash
55
119
40
97

Estimated living cost  is $521 per week

$363
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.
$116
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.
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Naples , Italy
$281
$271
$225
$298
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
-
-
-
1 200
national
-
-
-
253
regional
-
-
-
18
social contributions
-
-
-
309
municipal
-
-
-
7
total
-
-
-
587
Employee
684
-
1 200
-
municipal
4
-
6
-
national
108
-
216
-
social contributions
231
-
405
-
regional
9
-
16
-
total
352
-
643
-
Employer
684
-
1 200
-
total
-
-
-
-
Corporate
516
1 200
-
-
nationa
124
288
-
-
municipal
26
60
-
-
total
150
348
-
-
Dividends
366
852
-
-
withholding
95
222
-
-
total
95
222
-
-
Income
1 200
1 200
1 200
1 200
Total tax
597
570
643
587
After tax
603
630
557
613
Living cost
332
332
332
332
Free-cash
271
298
225
281

Estimated living cost  is $332 per week

$207
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.
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