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
$ 1300
per

Your estimated
City
free-cash

Andorra , Andorra
$617
$759
$652
$800
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
-
-
-
1 300
social contributions
-
-
-
286
income
-
-
-
27
total
-
-
-
313
Employee
396
-
1 126
-
social contributions
26
-
73
-
income
-
-
31
-
total
26
-
104
-
Employer
396
-
1 126
-
social contributions
61
-
174
-
total
61
-
174
-
Corporate
843
1 300
-
-
income
84
130
-
-
total
84
130
-
-
Dividends
759
1 170
-
-
total
-
-
-
-
Income
1 300
1 300
1 300
1 300
Total tax
171
130
278
313
After tax
1 129
1 170
1 022
987
Living cost
370
370
370
370
Free-cash
759
800
652
617

Estimated living cost  is $370 per week

$239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$28
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$96
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Graz , Austria
$264
$330
-$6
$335
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
-
-
-
1 300
surtax
-
-
-
-
unemployment
-
-
-
75
health
-
-
-
99
chamber of commerce
-
-
-
5
pensions
-
-
-
240
income
-
-
-
224
total
-
-
-
643
Employee
538
490
1 009
-
unemployment
16
15
30
-
other
5
5
10
-
income
48
36
200
-
pensions
55
50
103
-
health
21
19
39
-
total
145
125
382
-
Employer
538
490
1 009
-
pensions
68
62
127
-
surtax
-
-
-
-
payroll
16
15
30
-
other
26
23
48
-
health
20
19
38
-
accident
7
6
13
-
unemployment
16
15
30
-
chamber of commerce
2
2
4
-
total
155
142
290
-
Corporate
607
668
963
-
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.

152
167
241
-
total
152
167
241
-
Dividends
455
501
-
-
withholding
125
138
-
-
total
125
138
-
-
Income
1 300
1 300
1 300
1 300
Total tax
577
572
913
643
After tax
723
728
387
657
Living cost
393
393
393
393
Free-cash
330
335
-6
264

Estimated living cost  is $393 per week

$235
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$40
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Vienna , Austria
$221
$278
-$46
$293
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 300
surtax
-
-
-
2
unemployment
-
-
-
75
health
-
-
-
99
chamber of commerce
-
-
-
5
pensions
-
-
-
240
income
-
-
-
224
total
-
-
-
645
Employee
615
490
1 008
-
unemployment
18
15
30
-
other
6
5
10
-
income
70
36
199
-
pensions
63
50
103
-
health
24
19
39
-
total
181
125
381
-
Employer
615
490
1 008
-
pensions
77
62
126
-
surtax
2
2
2
-
payroll
18
15
30
-
other
29
23
48
-
health
23
19
38
-
accident
8
6
13
-
unemployment
18
15
30
-
chamber of commerce
2
2
4
-
total
177
144
291
-
Corporate
506
666
961
-
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
167
240
-
total
126
167
240
-
Dividends
379
500
-
-
withholding
104
137
-
-
total
104
137
-
-
Income
1 300
1 300
1 300
1 300
Total tax
588
573
912
645
After tax
712
727
388
655
Living cost
434
434
434
434
Free-cash
278
293
-46
221

Estimated living cost  is $434 per week

$289
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$37
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Brussels , Belgium
$152
$94
$53
$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
-
-
-
1 300
national
-
-
-
426
communal

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

-
-
-
66
social contributions
-
-
-
207
total
-
-
-
699
Employee

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

880
-
1 007
-
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
-
9
-
national
271
-
320
-
communal

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

46
-
53
-
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
-
76
-
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
-
47
-
total
432
-
505
-
Employer

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

880
-
1 007
-
surtax
100
-
114
-
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
-
89
-
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
-
62
-
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
-
15
-
total
256
-
293
-
Corporate
164
1 300
-
-
income
33
260
-
-
surtax
1
5
-
-
total
34
265
-
-
Dividends
130
1 035
-
-
withholding

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

35
306
-
-
total
35
306
-
-
Income
1 300
1 300
1 300
1 300
Total tax
757
571
798
699
After tax
543
729
502
601
Living cost
449
449
449
449
Free-cash
94
280
53
152

Estimated living cost  is $449 per week

$289
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$39
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sofia , Bulgaria
$778
$825
$818
$899
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
-
-
-
1 300
unemployment
-
-
-
2
health
-
-
-
49
pensions

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

-
-
-
64
income
-
-
-
195
total
-
-
-
310
Employee
281
-
1 216
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
income
28
-
122
-
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
-
185
-
Employer
281
-
1 216
-
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
964
1 300
-
-
income
96
130
-
-
total
96
130
-
-
Dividends
868
1 170
-
-
withholding
43
59
-
-
total
43
59
-
-
Income
1 300
1 300
1 300
1 300
Total tax
263
189
270
310
After tax
1 037
1 111
1 030
990
Living cost
212
212
212
212
Free-cash
825
899
818
778

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
$829
$894
$869
$950
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
-
-
-
1 300
unemployment
-
-
-
2
health
-
-
-
49
pensions

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

-
-
-
64
income
-
-
-
195
total
-
-
-
310
Employee
214
-
1 216
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
income
21
-
122
-
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
-
185
-
Employer
214
-
1 216
-
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
1 044
1 300
-
-
income
104
130
-
-
total
104
130
-
-
Dividends
940
1 170
-
-
withholding
47
59
-
-
total
47
59
-
-
Income
1 300
1 300
1 300
1 300
Total tax
245
189
270
310
After tax
1 055
1 111
1 030
990
Living cost
161
161
161
161
Free-cash
894
950
869
829

Estimated living cost  is $161 per week

$94
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$51
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Larnaca , Cyprus
$631
$599
$626
$665
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
-
-
-
1 300
health
-
-
-
33
social contributions
-
-
-
199
income
-
-
-
152
total
-
-
-
384
Employee
946
946
1 180
-
income
103
88
151
-
social contributions
36
79
98
-
health
7
16
20
-
total
146
183
269
-
Employer
946
946
1 180
-
social contributions
36
79
98
-
health
8
18
22
-
total
44
97
120
-
Corporate
825
258
-
-
income
103
32
-
-
total
103
32
-
-
Dividends
722
226
-
-
withholding
123
38
-
-
total
123
38
-
-
Income
1 300
1 300
1 300
1 300
Total tax
416
350
389
384
After tax
884
950
911
916
Living cost
285
285
285
285
Free-cash
599
665
626
631

Estimated living cost  is $285 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
$517
$502
$512
$551
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
-
-
-
1 300
health
-
-
-
33
social contributions
-
-
-
199
income
-
-
-
152
total
-
-
-
384
Employee
946
946
1 180
-
income
99
88
151
-
social contributions
46
79
98
-
health
9
16
20
-
total
154
183
269
-
Employer
946
946
1 180
-
social contributions
46
79
98
-
health
10
18
22
-
total
56
97
120
-
Corporate
690
258
-
-
income
86
32
-
-
total
86
32
-
-
Dividends
604
226
-
-
withholding
103
38
-
-
total
103
38
-
-
Income
1 300
1 300
1 300
1 300
Total tax
399
350
389
384
After tax
901
950
911
916
Living cost
399
399
399
399
Free-cash
502
551
512
517

Estimated living cost  is $399 per week

$273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$31
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$88
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Brno , Czech Republic
$348
$509
$376
$611
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
-
-
-
1 300
health
-
-
-
176
social contributions
-
-
-
380
income
-
-
-
112
solidarity contribution
-
-
-
-
total
-
-
-
668
Employee
418
-
970
-
income
50
-
116
-
social contributions
27
-
63
-
health
56
-
131
-
solidarity contribution
-
-
-
-
total
133
-
310
-
Employer
418
-
970
-
social contributions
105
-
243
-
health
38
-
87
-
total
143
-
330
-
Corporate
740
1 300
-
-
income
141
247
-
-
total
141
247
-
-
Dividends
599
1 053
-
-
withholding
90
158
-
-
total
90
158
-
-
Income
1 300
1 300
1 300
1 300
Total tax
507
405
640
668
After tax
793
895
660
632
Living cost
284
284
284
284
Free-cash
509
611
376
348

Estimated living cost  is $284 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
$282
$420
$310
$545
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
-
-
-
1 300
health
-
-
-
176
social contributions
-
-
-
380
income
-
-
-
112
solidarity contribution
-
-
-
-
total
-
-
-
668
Employee
515
-
970
-
income
62
-
116
-
social contributions
33
-
63
-
health
70
-
131
-
solidarity contribution
-
-
-
-
total
165
-
310
-
Employer
515
-
970
-
social contributions
129
-
243
-
health
46
-
87
-
total
175
-
330
-
Corporate
610
1 300
-
-
income
116
247
-
-
total
116
247
-
-
Dividends
494
1 053
-
-
withholding
74
158
-
-
total
74
158
-
-
Income
1 300
1 300
1 300
1 300
Total tax
530
405
640
668
After tax
770
895
660
632
Living cost
350
350
350
350
Free-cash
420
545
310
282

Estimated living cost  is $350 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.
$64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Copenhagen , Denmark
$208
-$1388
-$1388
-$1388
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
-
-
-
1 300
national
-
-
-
139
pensions
-
-
-
11
municipal
-
-
-
245
labour market
-
-
-
103
total
-
-
-
498
Employee
2 508
2 508
2 508
-
municipal
534
534
534
-
national
306
306
306
-
pensions
4
4
4
-
labour market
200
200
200
-
total
1 044
1 044
1 044
-
Employer
2 508
2 508
2 508
-
pensions
7
7
7
-
labour market
201
201
201
-
municipal
535
535
535
-
national
307
307
307
-
total
1 050
1 050
1 050
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
1 300
1 300
1 300
1 300
Total tax
2 094
2 094
2 094
498
After tax
-794
-794
-794
802
Living cost
594
594
594
594
Free-cash
-1 388
-1 388
-1 388
208

Estimated living cost  is $594 per week

$407
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
$400
$666
$453
$743
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
-
-
-
1 300
health
-
-
-
169
pensions
-
-
-
260
income
-
-
-
174
total
-
-
-
603
Employee
349
-
972
-
unemployment
6
-
16
-
income
39
-
187
-
pensions
7
-
19
-
total
52
-
222
-
Employer
349
-
972
-
pensions
70
-
194
-
health
45
-
126
-
unemployment
3
-
8
-
total
118
-
328
-
Corporate
833
1 300
-
-
income
167
260
-
-
total
167
260
-
-
Dividends
666
1 040
-
-
total
-
-
-
-
Income
1 300
1 300
1 300
1 300
Total tax
337
260
550
603
After tax
963
1 040
750
697
Living cost
297
297
297
297
Free-cash
666
743
453
400

Estimated living cost  is $297 per week

$204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$70
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Helsinki , Finland
$444
$367
$265
$387
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

-
-
-
1 300
national
-
-
-
138
health
-
-
-
15
municipal
-
-
-
231
total
-
-
-
384
Employee
647
-
1 094
-
unemployment
10
-
16
-
municipal
106
-
178
-
national
11
-
77
-
pensions
44
-
74
-
health
5
-
12
-
total
176
-
357
-
Employer
647
-
1 094
-
pensions
112
-
190
-
health
5
-
8
-
accident
1
-
1
-
unemployment
4
-
7
-
total
122
-
206
-
Corporate
530
1 300
-
-
income
106
260
-
-
total
106
260
-
-
Dividends

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

318
780
-
-
municipal
57
140
-
-
national
-
41
-
-
total
57
181
-
-
Income
1 300
1 300
1 300
1 300
Total tax
461
441
563
384
After tax
839
859
737
916
Living cost
472
472
472
472
Free-cash
367
387
265
444

Estimated living cost  is $472 per week

$309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$45
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Marseille , France
$367
$346
$431
$276
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 300
surtax
-
-
-
-
health
-
-
-
28
pensions
-
-
-
315
social contributions
-
-
-
37
income
-
-
-
134
other
-
-
-
40
total
-
-
-
554
Employee
470
-
1 052
-
income
24
-
160
-
surtax
-
-
-
-
social contributions
13
-
30
-
pensions
53
-
52
-
total
90
-
242
-
Employer
470
-
1 052
-
pensions
77
-
92
-
social contributions
1
-
3
-
other
16
-
36
-
health
33
-
74
-
unemployment
19
-
43
-
total
146
-
248
-
Corporate
683
1 300
-
-
income
191
364
-
-
surtax
-
-
-
-
total
191
364
-
-
Dividends
492
936
-
-
withholding
63
120
-
-
social contributions
85
161
-
-
surtax
-
-
-
-
total
148
281
-
-
Income
1 300
1 300
1 300
1 300
Total tax
575
645
490
554
After tax
725
655
810
746
Living cost
379
379
379
379
Free-cash
346
276
431
367

Estimated living cost  is $379 per week

$220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$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
$325
$307
$389
$234
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 300
surtax
-
-
-
-
health
-
-
-
28
pensions
-
-
-
315
social contributions
-
-
-
37
income
-
-
-
134
other
-
-
-
40
total
-
-
-
554
Employee
527
-
1 052
-
income
31
-
160
-
surtax
-
-
-
-
social contributions
15
-
30
-
pensions
60
-
52
-
total
106
-
242
-
Employer
527
-
1 052
-
pensions
87
-
92
-
social contributions
2
-
3
-
other
18
-
36
-
health
37
-
74
-
unemployment
21
-
43
-
total
165
-
248
-
Corporate
609
1 300
-
-
income
170
364
-
-
surtax
-
-
-
-
total
170
364
-
-
Dividends
438
936
-
-
withholding
56
120
-
-
social contributions
75
161
-
-
surtax
-
-
-
-
total
131
281
-
-
Income
1 300
1 300
1 300
1 300
Total tax
572
645
490
554
After tax
728
655
810
746
Living cost
421
421
421
421
Free-cash
307
234
389
325

Estimated living cost  is $421 per week

$265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Paris , France
$152
$145
$216
$61
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
-
-
-
1 300
surtax
-
-
-
-
health
-
-
-
28
pensions
-
-
-
315
social contributions
-
-
-
37
income
-
-
-
134
other
-
-
-
40
total
-
-
-
554
Employee
771
-
1 052
-
income
67
-
160
-
surtax
-
-
-
-
social contributions
22
-
30
-
pensions
87
-
52
-
total
176
-
242
-
Employer
771
-
1 052
-
pensions
127
-
92
-
social contributions
2
-
3
-
other
27
-
36
-
health
54
-
74
-
unemployment
31
-
43
-
total
241
-
248
-
Corporate
289
1 300
-
-
income
81
364
-
-
surtax
-
-
-
-
total
81
364
-
-
Dividends
208
936
-
-
withholding
27
120
-
-
social contributions
36
161
-
-
surtax
-
-
-
-
total
63
281
-
-
Income
1 300
1 300
1 300
1 300
Total tax
561
645
490
554
After tax
739
655
810
746
Living cost
594
594
594
594
Free-cash
145
61
216
152

Estimated living cost  is $594 per week

$402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$49
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
$1207
$1140
$960
$1155
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%.

-
-
-
1 300
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
-
1 300
-
income
20
-
260
-
total
20
-
260
-
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%.

1 201
1 300
-
-
total
-
-
-
-
Dividends
1 201
1 300
-
-
withholding
60
65
-
-
total
60
65
-
-
Income
1 300
1 300
1 300
1 300
Total tax
80
65
260
13
After tax
1 220
1 235
1 040
1 287
Living cost
80
80
80
80
Free-cash
1 140
1 155
960
1 207

Estimated living cost  is $80 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
$1163
$1088
$916
$1111
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%.

-
-
-
1 300
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
155
-
1 300
-
income
31
-
260
-
total
31
-
260
-
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%.

1 145
1 300
-
-
total
-
-
-
-
Dividends
1 145
1 300
-
-
withholding
57
65
-
-
total
57
65
-
-
Income
1 300
1 300
1 300
1 300
Total tax
88
65
260
13
After tax
1 212
1 235
1 040
1 287
Living cost
124
124
124
124
Free-cash
1 088
1 111
916
1 163

Estimated living cost  is $124 per week

$84
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
$337
$356
$441
$195
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.

-
-
-
1 300
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.

-
-
-
16
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.

-
-
-
284
trade
-
-
-
104
total
-
-
-
488
Employee

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

612
-
1 300
-
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
-
284
-
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
-
16
-
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
-
384
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
688
1 300
-
-
trade
99
187
-
-
income
103
195
-
-
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
11
-
-
total
211
397
-
-
Dividends
477
904
-
-
withholding
115
221
-
-
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
121
233
-
-
Income
1 300
1 300
1 300
1 300
Total tax
469
630
384
488
After tax
831
670
916
812
Living cost
475
475
475
475
Free-cash
356
195
441
337

Estimated living cost  is $475 per week

$328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$51
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$89
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Dresden , Germany
$428
$421
$543
$283
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.

-
-
-
1 300
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.

-
-
-
16
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.

-
-
-
284
trade
-
-
-
115
total
-
-
-
499
Employee

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

471
-
1 300
-
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
-
284
-
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
-
16
-
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
-
384
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
829
1 300
-
-
trade
131
205
-
-
income
124
195
-
-
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.

7
11
-
-
total
265
415
-
-
Dividends
564
886
-
-
withholding
136
217
-
-
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
12
-
-
total
143
229
-
-
Income
1 300
1 300
1 300
1 300
Total tax
506
644
384
499
After tax
794
656
916
801
Living cost
373
373
373
373
Free-cash
421
283
543
428

Estimated living cost  is $373 per week

$234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$43
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$88
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Hamburg , Germany
$313
$340
$433
$166
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.

-
-
-
1 300
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.

-
-
-
16
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.

-
-
-
284
trade
-
-
-
120
total
-
-
-
504
Employee

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

624
-
1 300
-
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
-
284
-
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
-
16
-
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
-
384
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
676
1 300
-
-
trade
111
214
-
-
income
101
195
-
-
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
11
-
-
total
221
424
-
-
Dividends
455
877
-
-
withholding
109
215
-
-
surtax

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

6
12
-
-
total
115
227
-
-
Income
1 300
1 300
1 300
1 300
Total tax
477
651
384
504
After tax
823
649
916
796
Living cost
483
483
483
483
Free-cash
340
166
433
313

Estimated living cost  is $483 per week

$323
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$51
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Munich , Germany
$227
$278
$352
$79
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.

-
-
-
1 300
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.

-
-
-
16
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.

-
-
-
284
trade
-
-
-
125
total
-
-
-
509
Employee

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

740
-
1 300
-
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
-
284
-
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
-
16
-
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
-
384
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
560
1 300
-
-
trade
96
223
-
-
income
84
195
-
-
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
11
-
-
total
188
433
-
-
Dividends
373
868
-
-
withholding
89
212
-
-
surtax

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

5
12
-
-
total
94
224
-
-
Income
1 300
1 300
1 300
1 300
Total tax
458
657
384
509
After tax
842
643
916
791
Living cost
564
564
564
564
Free-cash
278
79
352
227

Estimated living cost  is $564 per week

$412
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
$385
$502
$360
$542
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
-
-
-
1 300
surtax
-
-
-
32
unemployment
-
-
-
3
health
-
-
-
92
pensions
-
-
-
260
income
-
-
-
252
other
-
-
-
-
total
-
-
-
639
Employee
414
-
1 074
-
unemployment
29
-
75
-
other
-
-
-
-
income
69
-
235
-
surtax
1
-
29
-
pensions
28
-
72
-
health
11
-
27
-
total
138
-
438
-
Employer
414
-
1 074
-
pensions
55
-
143
-
other
-
-
-
-
health
19
-
49
-
unemployment
13
-
34
-
total
87
-
226
-
Corporate
798
1 300
-
-
income
208
338
-
-
total
208
338
-
-
Dividends
591
962
-
-
withholding
89
144
-
-
total
89
144
-
-
Income
1 300
1 300
1 300
1 300
Total tax
522
482
664
639
After tax
778
818
636
661
Living cost
276
276
276
276
Free-cash
502
542
360
385

Estimated living cost  is $276 per week

$167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$24
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$79
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Thessaloniki , Greece
$389
$508
$364
$546
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
-
-
-
1 300
surtax
-
-
-
32
unemployment
-
-
-
3
health
-
-
-
92
pensions
-
-
-
260
income
-
-
-
252
other
-
-
-
-
total
-
-
-
639
Employee
407
-
1 074
-
unemployment
28
-
75
-
other
-
-
-
-
income
68
-
235
-
surtax
1
-
29
-
pensions
27
-
72
-
health
10
-
27
-
total
134
-
438
-
Employer
407
-
1 074
-
pensions
54
-
143
-
other
-
-
-
-
health
19
-
49
-
unemployment
13
-
34
-
total
86
-
226
-
Corporate
807
1 300
-
-
income
210
338
-
-
total
210
338
-
-
Dividends
597
962
-
-
withholding
90
144
-
-
total
90
144
-
-
Income
1 300
1 300
1 300
1 300
Total tax
520
482
664
639
After tax
780
818
636
661
Living cost
272
272
272
272
Free-cash
508
546
364
389

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
$656
$493
$509
$488
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
-
-
-
1 300
unemployment
-
-
-
19
health
-
-
-
91
pensions
-
-
-
130
income
-
-
-
159
total
-
-
-
399
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

354
141
1 088
-
unemployment
5
2
16
-
income
43
17
133
-
pensions
35
14
109
-
health
25
10
76
-
total
108
43
334
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

354
141
1 088
-
pensions
69
27
212
-
total
69
27
212
-
Corporate
877
1 132
-
-
income
79
102
-
-
total
79
102
-
-
Dividends
798
1 030
-
-
withholding
152
196
-
-
social contributions
154
199
-
-
total
306
395
-
-
Income
1 300
1 300
1 300
1 300
Total tax
562
567
546
399
After tax
738
733
754
901
Living cost
245
245
245
245
Free-cash
493
488
509
656

Estimated living cost  is $245 per week

$167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$53
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
$185
$205
$195
$215
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
-
-
-
1 300
national
-
-
-
212
pensions
-
-
-
156
social contributions
-
-
-
14
municipal
-
-
-
137
total
-
-
-
519
Employee
924
-
1 124
-
municipal
114
-
142
-
national
177
-
220
-
pensions
37
-
45
-
total
328
-
407
-
Employer
924
-
1 124
-
pensions
74
-
90
-
social contributions
10
-
12
-
total
84
-
102
-
Corporate
231
1 300
-
-
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%.

46
260
-
-
total
46
260
-
-
Dividends
185
1 040
-
-
withholding
41
229
-
-
total
41
229
-
-
Income
1 300
1 300
1 300
1 300
Total tax
499
489
509
519
After tax
801
811
791
781
Living cost
596
596
596
596
Free-cash
205
215
195
185

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
$165
$236
$165
$209
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 300
social contributions
-
-
-
117
income
-
-
-
317
total
-
-
-
434
Employee
963
-
1 300
-
social contributions
80
-
117
-
income
182
-
317
-
total
262
-
434
-
Employer
963
-
1 300
-
total
-
-
-
-
Corporate
337
1 300
-
-
income
42
163
-
-
total
42
163
-
-
Dividends
295
1 137
-
-
withholding
59
227
-
-
total
59
227
-
-
Income
1 300
1 300
1 300
1 300
Total tax
363
390
434
434
After tax
937
910
866
866
Living cost
701
701
701
701
Free-cash
236
209
165
165

Estimated living cost  is $701 per week

$533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$57
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Milan , Italy
$144
$110
$81
$174
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
-
-
-
1 300
national
-
-
-
281
regional
-
-
-
14
social contributions
-
-
-
334
municipal
-
-
-
8
total
-
-
-
637
Employee
1 094
-
1 300
-
municipal
6
-
7
-
national
189
-
242
-
social contributions
369
-
438
-
regional
10
-
13
-
total
574
-
700
-
Employer
1 094
-
1 300
-
total
-
-
-
-
Corporate
206
1 300
-
-
nationa
50
312
-
-
municipal
8
51
-
-
total
58
363
-
-
Dividends
149
937
-
-
withholding
39
244
-
-
total
39
244
-
-
Income
1 300
1 300
1 300
1 300
Total tax
671
607
700
637
After tax
629
693
600
663
Living cost
519
519
519
519
Free-cash
110
174
81
144

Estimated living cost  is $519 per week

$362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Naples , Italy
$326
$325
$265
$352
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
-
-
-
1 300
national
-
-
-
281
regional
-
-
-
20
social contributions
-
-
-
334
municipal
-
-
-
8
total
-
-
-
643
Employee
683
-
1 300
-
municipal
4
-
7
-
national
108
-
242
-
social contributions
230
-
438
-
regional
9
-
17
-
total
351
-
704
-
Employer
683
-
1 300
-
total
-
-
-
-
Corporate
617
1 300
-
-
nationa
148
312
-
-
municipal
31
65
-
-
total
179
377
-
-
Dividends
439
923
-
-
withholding
114
240
-
-
total
114
240
-
-
Income
1 300
1 300
1 300
1 300
Total tax
644
617
704
643
After tax
656
683
596
657
Living cost
331
331
331
331
Free-cash
325
352
265
326

Estimated living cost  is $331 per week

$206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$86
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source