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
$ 1250
per

Your estimated
City
free-cash

Andorra , Andorra
$581
$713
$615
$754
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
-
-
-
1 250
social contributions
-
-
-
275
income
-
-
-
23
total
-
-
-
298
Employee
397
-
1 082
-
social contributions
26
-
70
-
income
-
-
26
-
total
26
-
96
-
Employer
397
-
1 082
-
social contributions
61
-
168
-
total
61
-
168
-
Corporate
792
1 250
-
-
income
79
125
-
-
total
79
125
-
-
Dividends
713
1 125
-
-
total
-
-
-
-
Income
1 250
1 250
1 250
1 250
Total tax
166
125
264
298
After tax
1 084
1 125
986
952
Living cost
371
371
371
371
Free-cash
713
754
615
581

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
$240
$302
-$17
$308
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
-
-
-
1 250
surtax
-
-
-
-
unemployment
-
-
-
76
health
-
-
-
96
chamber of commerce
-
-
-
5
pensions
-
-
-
231
income
-
-
-
208
total
-
-
-
616
Employee
539
492
971
-
unemployment
16
15
29
-
other
5
5
10
-
income
48
36
186
-
pensions
55
50
99
-
health
21
19
38
-
total
145
125
362
-
Employer
539
492
971
-
pensions
68
62
122
-
surtax
-
-
-
-
payroll
16
15
29
-
other
26
23
46
-
health
20
19
37
-
accident
7
6
13
-
unemployment
16
15
29
-
chamber of commerce
2
2
4
-
total
155
142
280
-
Corporate
555
617
924
-
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.

139
154
231
-
total
139
154
231
-
Dividends
417
463
-
-
withholding
115
127
-
-
total
115
127
-
-
Income
1 250
1 250
1 250
1 250
Total tax
554
548
873
616
After tax
696
702
377
634
Living cost
394
394
394
394
Free-cash
302
308
-17
240

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
$197
$250
-$58
$265
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 250
surtax
-
-
-
2
unemployment
-
-
-
76
health
-
-
-
96
chamber of commerce
-
-
-
5
pensions
-
-
-
231
income
-
-
-
208
total
-
-
-
618
Employee
617
492
969
-
unemployment
18
15
29
-
other
6
5
10
-
income
70
36
186
-
pensions
63
50
99
-
health
24
19
37
-
total
181
125
361
-
Employer
617
492
969
-
pensions
77
62
122
-
surtax
2
2
2
-
payroll
18
15
29
-
other
29
23
46
-
health
23
19
37
-
accident
8
6
13
-
unemployment
18
15
29
-
chamber of commerce
2
2
4
-
total
177
144
282
-
Corporate
454
614
922
-
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.

113
154
230
-
total
113
154
230
-
Dividends
340
461
-
-
withholding
94
127
-
-
total
94
127
-
-
Income
1 250
1 250
1 250
1 250
Total tax
565
550
873
618
After tax
685
700
377
632
Living cost
435
435
435
435
Free-cash
250
265
-58
197

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
$135
$68
$34
$251
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
-
-
-
1 250
national
-
-
-
406
communal

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

-
-
-
63
social contributions
-
-
-
196
total
-
-
-
665
Employee

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

883
-
968
-
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
-
305
-
communal

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

46
-
51
-
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
-
73
-
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
-
46
-
total
432
-
483
-
Employer

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

883
-
968
-
surtax
100
-
110
-
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
-
86
-
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
-
60
-
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
-
13
-
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
-
283
-
Corporate
111
1 250
-
-
income
22
250
-
-
surtax
-
5
-
-
total
22
255
-
-
Dividends
88
995
-
-
withholding

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

22
294
-
-
total
22
294
-
-
Income
1 250
1 250
1 250
1 250
Total tax
732
549
766
665
After tax
518
701
484
585
Living cost
450
450
450
450
Free-cash
68
251
34
135

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
$734
$782
$773
$857
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
-
-
-
1 250
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
-
-
-
188
total
-
-
-
304
Employee
281
-
1 165
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
income
28
-
117
-
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
-
180
-
Employer
281
-
1 165
-
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
914
1 250
-
-
income
91
125
-
-
total
91
125
-
-
Dividends
822
1 125
-
-
withholding
41
56
-
-
total
41
56
-
-
Income
1 250
1 250
1 250
1 250
Total tax
256
181
265
304
After tax
994
1 069
985
946
Living cost
212
212
212
212
Free-cash
782
857
773
734

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
$784
$850
$823
$907
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
-
-
-
1 250
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
-
-
-
188
total
-
-
-
304
Employee
214
-
1 165
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
income
21
-
117
-
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
-
180
-
Employer
214
-
1 165
-
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
994
1 250
-
-
income
99
125
-
-
total
99
125
-
-
Dividends
894
1 125
-
-
withholding
45
56
-
-
total
45
56
-
-
Income
1 250
1 250
1 250
1 250
Total tax
238
181
265
304
After tax
1 012
1 069
985
946
Living cost
162
162
162
162
Free-cash
850
907
823
784

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
$598
$562
$598
$627
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
-
-
-
1 250
health
-
-
-
32
social contributions
-
-
-
195
income
-
-
-
139
total
-
-
-
366
Employee
949
949
1 135
-
income
103
88
138
-
social contributions
36
79
94
-
health
7
16
19
-
total
146
183
251
-
Employer
949
949
1 135
-
social contributions
36
79
94
-
health
8
18
21
-
total
44
97
115
-
Corporate
774
205
-
-
income
97
26
-
-
total
97
26
-
-
Dividends
677
179
-
-
withholding
115
31
-
-
total
115
31
-
-
Income
1 250
1 250
1 250
1 250
Total tax
402
337
366
366
After tax
848
913
884
884
Living cost
286
286
286
286
Free-cash
562
627
598
598

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
$484
$464
$484
$513
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
-
-
-
1 250
health
-
-
-
32
social contributions
-
-
-
195
income
-
-
-
139
total
-
-
-
366
Employee
949
949
1 135
-
income
100
88
138
-
social contributions
46
79
94
-
health
9
16
19
-
total
155
183
251
-
Employer
949
949
1 135
-
social contributions
46
79
94
-
health
10
18
21
-
total
56
97
115
-
Corporate
638
205
-
-
income
80
26
-
-
total
80
26
-
-
Dividends
559
179
-
-
withholding
95
31
-
-
total
95
31
-
-
Income
1 250
1 250
1 250
1 250
Total tax
386
337
366
366
After tax
864
913
884
884
Living cost
400
400
400
400
Free-cash
464
513
484
484

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
$324
$473
$349
$575
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
-
-
-
1 250
health
-
-
-
169
social contributions
-
-
-
365
income
-
-
-
107
solidarity contribution
-
-
-
-
total
-
-
-
641
Employee
420
-
933
-
income
50
-
112
-
social contributions
27
-
61
-
health
57
-
126
-
solidarity contribution
-
-
-
-
total
134
-
299
-
Employer
420
-
933
-
social contributions
105
-
233
-
health
38
-
84
-
total
143
-
317
-
Corporate
688
1 250
-
-
income
131
238
-
-
total
131
238
-
-
Dividends
557
1 012
-
-
withholding
84
152
-
-
total
84
152
-
-
Income
1 250
1 250
1 250
1 250
Total tax
492
390
616
641
After tax
758
860
634
609
Living cost
285
285
285
285
Free-cash
473
575
349
324

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
$257
$382
$282
$508
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 250
health
-
-
-
169
social contributions
-
-
-
365
income
-
-
-
107
solidarity contribution
-
-
-
-
total
-
-
-
641
Employee
517
-
933
-
income
62
-
112
-
social contributions
34
-
61
-
health
70
-
126
-
solidarity contribution
-
-
-
-
total
166
-
299
-
Employer
517
-
933
-
social contributions
129
-
233
-
health
47
-
84
-
total
176
-
317
-
Corporate
557
1 250
-
-
income
106
238
-
-
total
106
238
-
-
Dividends
451
1 012
-
-
withholding
68
152
-
-
total
68
152
-
-
Income
1 250
1 250
1 250
1 250
Total tax
516
390
616
641
After tax
734
860
634
609
Living cost
352
352
352
352
Free-cash
382
508
282
257

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
$178
-$1445
-$1445
-$1445
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
-
-
-
1 250
national
-
-
-
133
pensions
-
-
-
11
municipal
-
-
-
233
labour market
-
-
-
99
total
-
-
-
476
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
1 250
1 250
1 250
1 250
Total tax
2 099
2 099
2 099
476
After tax
-849
-849
-849
774
Living cost
596
596
596
596
Free-cash
-1 445
-1 445
-1 445
178

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
$372
$626
$423
$702
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
-
-
-
1 250
health
-
-
-
163
pensions
-
-
-
250
income
-
-
-
167
total
-
-
-
580
Employee
350
-
934
-
unemployment
6
-
15
-
income
39
-
180
-
pensions
7
-
19
-
total
52
-
214
-
Employer
350
-
934
-
pensions
70
-
187
-
health
45
-
121
-
unemployment
3
-
7
-
total
118
-
315
-
Corporate
782
1 250
-
-
income
156
250
-
-
total
156
250
-
-
Dividends
625
1 000
-
-
total
-
-
-
-
Income
1 250
1 250
1 250
1 250
Total tax
326
250
529
580
After tax
924
1 000
721
670
Living cost
298
298
298
298
Free-cash
626
702
423
372

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
$412
$329
$238
$356
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

-
-
-
1 250
national
-
-
-
128
health
-
-
-
14
municipal
-
-
-
222
total
-
-
-
364
Employee
649
-
1 052
-
unemployment
10
-
16
-
municipal
106
-
172
-
national
11
-
70
-
pensions
44
-
71
-
health
5
-
11
-
total
176
-
340
-
Employer
649
-
1 052
-
pensions
113
-
182
-
health
5
-
8
-
accident
1
-
1
-
unemployment
4
-
7
-
total
123
-
198
-
Corporate
478
1 250
-
-
income
96
250
-
-
total
96
250
-
-
Dividends

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

287
750
-
-
municipal
52
135
-
-
national
-
35
-
-
total
52
170
-
-
Income
1 250
1 250
1 250
1 250
Total tax
447
420
538
364
After tax
803
830
712
886
Living cost
474
474
474
474
Free-cash
329
356
238
412

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
$339
$321
$407
$250
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 250
surtax
-
-
-
-
health
-
-
-
24
pensions
-
-
-
311
social contributions
-
-
-
36
income
-
-
-
121
other
-
-
-
39
total
-
-
-
531
Employee
471
-
1 014
-
income
24
-
150
-
surtax
-
-
-
-
social contributions
13
-
29
-
pensions
53
-
48
-
total
90
-
227
-
Employer
471
-
1 014
-
pensions
77
-
86
-
social contributions
1
-
3
-
other
16
-
35
-
health
33
-
71
-
unemployment
19
-
41
-
total
146
-
236
-
Corporate
631
1 250
-
-
income
177
350
-
-
surtax
-
-
-
-
total
177
350
-
-
Dividends
455
900
-
-
withholding
58
115
-
-
social contributions
78
155
-
-
surtax
-
-
-
-
total
136
270
-
-
Income
1 250
1 250
1 250
1 250
Total tax
549
620
463
531
After tax
701
630
787
719
Living cost
380
380
380
380
Free-cash
321
250
407
339

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
$297
$281
$365
$208
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
-
-
-
1 250
surtax
-
-
-
-
health
-
-
-
24
pensions
-
-
-
311
social contributions
-
-
-
36
income
-
-
-
121
other
-
-
-
39
total
-
-
-
531
Employee
528
-
1 014
-
income
31
-
150
-
surtax
-
-
-
-
social contributions
15
-
29
-
pensions
60
-
48
-
total
106
-
227
-
Employer
528
-
1 014
-
pensions
87
-
86
-
social contributions
2
-
3
-
other
18
-
35
-
health
37
-
71
-
unemployment
21
-
41
-
total
165
-
236
-
Corporate
557
1 250
-
-
income
156
350
-
-
surtax
-
-
-
-
total
156
350
-
-
Dividends
401
900
-
-
withholding
51
115
-
-
social contributions
69
155
-
-
surtax
-
-
-
-
total
120
270
-
-
Income
1 250
1 250
1 250
1 250
Total tax
547
620
463
531
After tax
703
630
787
719
Living cost
422
422
422
422
Free-cash
281
208
365
297

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
$123
$120
$191
$34
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
-
-
-
1 250
surtax
-
-
-
-
health
-
-
-
24
pensions
-
-
-
311
social contributions
-
-
-
36
income
-
-
-
121
other
-
-
-
39
total
-
-
-
531
Employee
773
-
1 014
-
income
67
-
150
-
surtax
-
-
-
-
social contributions
22
-
29
-
pensions
87
-
48
-
total
176
-
227
-
Employer
773
-
1 014
-
pensions
127
-
86
-
social contributions
2
-
3
-
other
27
-
35
-
health
54
-
71
-
unemployment
31
-
41
-
total
241
-
236
-
Corporate
236
1 250
-
-
income
66
350
-
-
surtax
-
-
-
-
total
66
350
-
-
Dividends
170
900
-
-
withholding
22
115
-
-
social contributions
29
155
-
-
surtax
-
-
-
-
total
51
270
-
-
Income
1 250
1 250
1 250
1 250
Total tax
534
620
463
531
After tax
716
630
787
719
Living cost
596
596
596
596
Free-cash
120
34
191
123

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
$1158
$1093
$921
$1108
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%.

-
-
-
1 250
microenterprise

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

-
-
-
13
total
-
-
-
13
Employee
99
-
1 250
-
income
20
-
250
-
total
20
-
250
-
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%.

1 151
1 250
-
-
total
-
-
-
-
Dividends
1 151
1 250
-
-
withholding
58
63
-
-
total
58
63
-
-
Income
1 250
1 250
1 250
1 250
Total tax
78
63
250
13
After tax
1 172
1 187
1 000
1 237
Living cost
79
79
79
79
Free-cash
1 093
1 108
921
1 158

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
$1114
$1041
$877
$1064
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%.

-
-
-
1 250
microenterprise

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

-
-
-
13
total
-
-
-
13
Employee
154
-
1 250
-
income
31
-
250
-
total
31
-
250
-
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%.

1 096
1 250
-
-
total
-
-
-
-
Dividends
1 096
1 250
-
-
withholding
55
63
-
-
total
55
63
-
-
Income
1 250
1 250
1 250
1 250
Total tax
86
63
250
13
After tax
1 164
1 187
1 000
1 237
Living cost
123
123
123
123
Free-cash
1 041
1 064
877
1 114

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
$316
$331
$413
$168
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.

-
-
-
1 250
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.

-
-
-
14
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.

-
-
-
263
trade
-
-
-
97
total
-
-
-
458
Employee

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

614
-
1 250
-
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
-
263
-
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
-
14
-
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
-
361
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
636
1 250
-
-
trade
91
179
-
-
income
95
188
-
-
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
194
381
-
-
Dividends
441
869
-
-
withholding
106
213
-
-
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
12
-
-
total
112
225
-
-
Income
1 250
1 250
1 250
1 250
Total tax
443
606
361
458
After tax
807
644
889
792
Living cost
476
476
476
476
Free-cash
331
168
413
316

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
$408
$394
$515
$258
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.

-
-
-
1 250
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.

-
-
-
14
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.

-
-
-
263
trade
-
-
-
107
total
-
-
-
468
Employee

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

472
-
1 250
-
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
-
263
-
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
-
14
-
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
-
361
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
778
1 250
-
-
trade
123
197
-
-
income
117
188
-
-
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
249
399
-
-
Dividends
529
852
-
-
withholding
128
208
-
-
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
135
219
-
-
Income
1 250
1 250
1 250
1 250
Total tax
482
618
361
468
After tax
768
632
889
782
Living cost
374
374
374
374
Free-cash
394
258
515
408

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
$293
$313
$404
$140
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.

-
-
-
1 250
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.

-
-
-
14
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.

-
-
-
263
trade
-
-
-
111
total
-
-
-
472
Employee

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

626
-
1 250
-
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
-
263
-
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
-
14
-
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
-
361
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
624
1 250
-
-
trade
103
206
-
-
income
94
188
-
-
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
205
408
-
-
Dividends
420
843
-
-
withholding
100
206
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

6
11
-
-
total
106
217
-
-
Income
1 250
1 250
1 250
1 250
Total tax
452
625
361
472
After tax
798
625
889
778
Living cost
485
485
485
485
Free-cash
313
140
404
293

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
$208
$255
$324
$54
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.

-
-
-
1 250
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.

-
-
-
14
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.

-
-
-
263
trade
-
-
-
116
total
-
-
-
477
Employee

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

741
-
1 250
-
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
-
263
-
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
-
14
-
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
-
361
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
509
1 250
-
-
trade
87
214
-
-
income
76
188
-
-
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
170
416
-
-
Dividends
338
834
-
-
withholding
80
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.

4
11
-
-
total
84
215
-
-
Income
1 250
1 250
1 250
1 250
Total tax
430
631
361
477
After tax
820
619
889
773
Living cost
565
565
565
565
Free-cash
255
54
324
208

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
$364
$470
$340
$509
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
-
-
-
1 250
surtax
-
-
-
29
unemployment
-
-
-
3
health
-
-
-
89
pensions
-
-
-
250
income
-
-
-
238
other
-
-
-
-
total
-
-
-
609
Employee
415
-
1 033
-
unemployment
29
-
72
-
other
-
-
-
-
income
70
-
222
-
surtax
1
-
26
-
pensions
28
-
69
-
health
11
-
26
-
total
139
-
415
-
Employer
415
-
1 033
-
pensions
55
-
138
-
other
-
-
-
-
health
19
-
47
-
unemployment
13
-
33
-
total
87
-
218
-
Corporate
747
1 250
-
-
income
194
325
-
-
total
194
325
-
-
Dividends
553
925
-
-
withholding
83
139
-
-
total
83
139
-
-
Income
1 250
1 250
1 250
1 250
Total tax
503
464
633
609
After tax
747
786
617
641
Living cost
277
277
277
277
Free-cash
470
509
340
364

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
$369
$477
$345
$514
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
-
-
-
1 250
surtax
-
-
-
29
unemployment
-
-
-
3
health
-
-
-
89
pensions
-
-
-
250
income
-
-
-
238
other
-
-
-
-
total
-
-
-
609
Employee
408
-
1 033
-
unemployment
28
-
72
-
other
-
-
-
-
income
68
-
222
-
surtax
1
-
26
-
pensions
27
-
69
-
health
10
-
26
-
total
134
-
415
-
Employer
408
-
1 033
-
pensions
54
-
138
-
other
-
-
-
-
health
19
-
47
-
unemployment
13
-
33
-
total
86
-
218
-
Corporate
756
1 250
-
-
income
197
325
-
-
total
197
325
-
-
Dividends
560
925
-
-
withholding
84
139
-
-
total
84
139
-
-
Income
1 250
1 250
1 250
1 250
Total tax
501
464
633
609
After tax
749
786
617
641
Living cost
272
272
272
272
Free-cash
477
514
345
369

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
$619
$462
$477
$458
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
-
-
-
1 250
unemployment
-
-
-
19
health
-
-
-
87
pensions
-
-
-
125
income
-
-
-
153
total
-
-
-
384
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
1 046
-
unemployment
5
2
16
-
income
44
17
128
-
pensions
36
14
105
-
health
25
10
73
-
total
110
43
322
-
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
1 046
-
pensions
69
28
204
-
total
69
28
204
-
Corporate
824
1 081
-
-
income
74
97
-
-
total
74
97
-
-
Dividends
750
983
-
-
withholding
143
187
-
-
social contributions
145
190
-
-
total
288
377
-
-
Income
1 250
1 250
1 250
1 250
Total tax
541
545
526
384
After tax
709
705
724
866
Living cost
247
247
247
247
Free-cash
462
458
477
619

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
$157
$174
$166
$184
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 250
national
-
-
-
203
pensions
-
-
-
150
social contributions
-
-
-
13
municipal
-
-
-
131
total
-
-
-
497
Employee
924
-
1 081
-
municipal
114
-
136
-
national
177
-
211
-
pensions
37
-
43
-
total
328
-
390
-
Employer
924
-
1 081
-
pensions
74
-
86
-
social contributions
10
-
12
-
total
84
-
98
-
Corporate
182
1 250
-
-
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%.

36
250
-
-
total
36
250
-
-
Dividends
145
1 000
-
-
withholding
32
220
-
-
total
32
220
-
-
Income
1 250
1 250
1 250
1 250
Total tax
480
470
488
497
After tax
770
780
762
753
Living cost
596
596
596
596
Free-cash
174
184
166
157

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
$139
$199
$139
$172
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
-
-
-
1 250
social contributions
-
-
-
112
income
-
-
-
296
total
-
-
-
408
Employee
965
-
1 250
-
social contributions
80
-
112
-
income
182
-
296
-
total
262
-
408
-
Employer
965
-
1 250
-
total
-
-
-
-
Corporate
285
1 250
-
-
income
36
156
-
-
total
36
156
-
-
Dividends
249
1 094
-
-
withholding
50
219
-
-
total
50
219
-
-
Income
1 250
1 250
1 250
1 250
Total tax
348
375
408
408
After tax
902
875
842
842
Living cost
703
703
703
703
Free-cash
199
172
139
139

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.
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
$119
$81
$60
$146
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
-
-
-
1 250
national
-
-
-
267
regional
-
-
-
14
social contributions
-
-
-
322
municipal
-
-
-
7
total
-
-
-
610
Employee
1 096
-
1 250
-
municipal
6
-
7
-
national
190
-
229
-
social contributions
370
-
421
-
regional
10
-
12
-
total
576
-
669
-
Employer
1 096
-
1 250
-
total
-
-
-
-
Corporate
154
1 250
-
-
nationa
37
300
-
-
municipal
6
49
-
-
total
43
349
-
-
Dividends
111
901
-
-
withholding
29
234
-
-
total
29
234
-
-
Income
1 250
1 250
1 250
1 250
Total tax
648
583
669
610
After tax
602
667
581
640
Living cost
521
521
521
521
Free-cash
81
146
60
119

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.
Adjust living cost Show details Source
Naples , Italy
$303
$298
$244
$325
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
-
-
-
1 250
national
-
-
-
267
regional
-
-
-
19
social contributions
-
-
-
322
municipal
-
-
-
7
total
-
-
-
615
Employee
684
-
1 250
-
municipal
4
-
7
-
national
108
-
229
-
social contributions
231
-
421
-
regional
9
-
17
-
total
352
-
674
-
Employer
684
-
1 250
-
total
-
-
-
-
Corporate
566
1 250
-
-
nationa
136
300
-
-
municipal
28
62
-
-
total
164
362
-
-
Dividends
402
888
-
-
withholding
104
231
-
-
total
104
231
-
-
Income
1 250
1 250
1 250
1 250
Total tax
620
593
674
615
After tax
630
657
576
635
Living cost
332
332
332
332
Free-cash
298
325
244
303

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.
Adjust living cost Show details Source