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
$ 1400
per

Your estimated
City
free-cash

Andorra , Andorra
$689
$850
$726
$892
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
-
-
-
1 400
social contributions
-
-
-
308
income
-
-
-
35
total
-
-
-
343
Employee
394
-
1 212
-
social contributions
26
-
79
-
income
-
-
39
-
total
26
-
118
-
Employer
394
-
1 212
-
social contributions
61
-
188
-
total
61
-
188
-
Corporate
945
1 400
-
-
income
95
140
-
-
total
95
140
-
-
Dividends
851
1 260
-
-
total
-
-
-
-
Income
1 400
1 400
1 400
1 400
Total tax
182
140
306
343
After tax
1 218
1 260
1 094
1 057
Living cost
368
368
368
368
Free-cash
850
892
726
689

Estimated living cost  is $368 per week

$238
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.
$95
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
$306
$386
$11
$392
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
-
-
-
1 400
surtax
-
-
-
-
unemployment
-
-
-
75
health
-
-
-
107
chamber of commerce
-
-
-
6
pensions
-
-
-
259
income
-
-
-
256
total
-
-
-
703
Employee
535
488
1 087
-
unemployment
16
15
33
-
other
5
5
11
-
income
48
36
228
-
pensions
55
50
111
-
health
21
19
42
-
total
145
125
425
-
Employer
535
488
1 087
-
pensions
67
61
136
-
surtax
-
-
-
-
payroll
16
15
33
-
other
25
23
52
-
health
20
18
41
-
accident
7
6
14
-
unemployment
16
15
33
-
chamber of commerce
2
2
4
-
total
153
140
313
-
Corporate
711
772
1 041
-
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.

178
193
260
-
total
178
193
260
-
Dividends
533
579
-
-
withholding
147
159
-
-
total
147
159
-
-
Income
1 400
1 400
1 400
1 400
Total tax
623
617
998
703
After tax
777
783
402
697
Living cost
391
391
391
391
Free-cash
386
392
11
306

Estimated living cost  is $391 per week

$234
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.
$109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

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
$264
$333
-$30
$351
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
-
-
-
1 400
surtax
-
-
-
2
unemployment
-
-
-
75
health
-
-
-
107
chamber of commerce
-
-
-
6
pensions
-
-
-
259
income
-
-
-
256
total
-
-
-
705
Employee
612
488
1 085
-
unemployment
18
15
33
-
other
6
5
11
-
income
70
36
227
-
pensions
63
50
111
-
health
24
19
42
-
total
181
125
424
-
Employer
612
488
1 085
-
pensions
77
61
136
-
surtax
2
2
2
-
payroll
18
15
33
-
other
29
23
52
-
health
23
18
41
-
accident
8
6
14
-
unemployment
18
15
33
-
chamber of commerce
2
2
4
-
total
177
142
315
-
Corporate
610
769
1 039
-
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
192
260
-
total
152
192
260
-
Dividends
457
577
-
-
withholding
126
159
-
-
total
126
159
-
-
Income
1 400
1 400
1 400
1 400
Total tax
636
618
999
705
After tax
764
782
401
695
Living cost
431
431
431
431
Free-cash
333
351
-30
264

Estimated living cost  is $431 per week

$288
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
$191
$154
$89
$338
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
-
-
-
1 400
national
-
-
-
467
communal

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

-
-
-
71
social contributions
-
-
-
225
total
-
-
-
763
Employee

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

876
-
1 084
-
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
269
-
351
-
communal

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

46
-
57
-
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
-
81
-
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
-
51
-
total
430
-
549
-
Employer

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

876
-
1 084
-
surtax
99
-
123
-
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
-
96
-
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
-
67
-
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
-
14
-
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
-
16
-
total
255
-
316
-
Corporate
270
1 400
-
-
income
54
280
-
-
surtax
1
6
-
-
total
55
286
-
-
Dividends
215
1 114
-
-
withholding

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

60
330
-
-
total
60
330
-
-
Income
1 400
1 400
1 400
1 400
Total tax
800
616
865
763
After tax
600
784
535
637
Living cost
446
446
446
446
Free-cash
154
338
89
191

Estimated living cost  is $446 per week

$287
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
$866
$912
$912
$987
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
-
-
-
1 400
unemployment
-
-
-
2
health
-
-
-
49
pensions

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

-
-
-
63
income
-
-
-
210
total
-
-
-
324
Employee
278
-
1 316
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
income
28
-
132
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

24
-
37
-
health
13
-
20
-
total
68
-
194
-
Employer
278
-
1 316
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

31
-
47
-
health
19
-
29
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
unemployment
2
-
3
-
total
55
-
84
-
Corporate
1 067
1 400
-
-
income
107
140
-
-
total
107
140
-
-
Dividends
960
1 260
-
-
withholding
48
63
-
-
total
48
63
-
-
Income
1 400
1 400
1 400
1 400
Total tax
278
203
278
324
After tax
1 122
1 197
1 122
1 076
Living cost
210
210
210
210
Free-cash
912
987
912
866

Estimated living cost  is $210 per week

$139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$54
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
$916
$980
$962
$1037
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
-
-
-
1 400
unemployment
-
-
-
2
health
-
-
-
49
pensions

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

-
-
-
63
income
-
-
-
210
total
-
-
-
324
Employee
212
-
1 316
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
income
21
-
132
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

19
-
37
-
health
10
-
20
-
total
52
-
194
-
Employer
212
-
1 316
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

23
-
47
-
health
15
-
29
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
unemployment
1
-
3
-
total
41
-
84
-
Corporate
1 146
1 400
-
-
income
115
140
-
-
total
115
140
-
-
Dividends
1 032
1 260
-
-
withholding
52
63
-
-
total
52
63
-
-
Income
1 400
1 400
1 400
1 400
Total tax
260
203
278
324
After tax
1 140
1 197
1 122
1 076
Living cost
160
160
160
160
Free-cash
980
1 037
962
916

Estimated living cost  is $160 per week

$94
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$11
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$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
$700
$674
$685
$742
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
-
-
-
1 400
health
-
-
-
36
social contributions
-
-
-
198
income
-
-
-
183
total
-
-
-
417
Employee
941
941
1 271
-
income
102
87
176
-
social contributions
36
78
105
-
health
7
16
22
-
total
145
181
303
-
Employer
941
941
1 271
-
social contributions
36
78
105
-
health
8
17
24
-
total
44
95
129
-
Corporate
928
363
-
-
income
116
45
-
-
total
116
45
-
-
Dividends
812
318
-
-
withholding
138
54
-
-
total
138
54
-
-
Income
1 400
1 400
1 400
1 400
Total tax
443
375
432
417
After tax
957
1 025
968
983
Living cost
283
283
283
283
Free-cash
674
742
685
700

Estimated living cost  is $283 per week

$170
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.
$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 Source
Limassol , Cyprus
$586
$576
$571
$628
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
-
-
-
1 400
health
-
-
-
36
social contributions
-
-
-
198
income
-
-
-
183
total
-
-
-
417
Employee
941
941
1 271
-
income
99
87
176
-
social contributions
46
78
105
-
health
9
16
22
-
total
154
181
303
-
Employer
941
941
1 271
-
social contributions
46
78
105
-
health
10
17
24
-
total
56
95
129
-
Corporate
793
363
-
-
income
99
45
-
-
total
99
45
-
-
Dividends
694
318
-
-
withholding
118
54
-
-
total
118
54
-
-
Income
1 400
1 400
1 400
1 400
Total tax
427
375
432
417
After tax
973
1 025
968
983
Living cost
397
397
397
397
Free-cash
576
628
571
586

Estimated living cost  is $397 per week

$271
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
$400
$581
$428
$681
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
-
-
-
1 400
health
-
-
-
189
social contributions
-
-
-
407
income
-
-
-
121
solidarity contribution
-
-
-
-
total
-
-
-
717
Employee
415
-
1 045
-
income
50
-
125
-
social contributions
27
-
68
-
health
56
-
141
-
solidarity contribution
-
-
-
-
total
133
-
334
-
Employer
415
-
1 045
-
social contributions
104
-
261
-
health
37
-
94
-
total
141
-
355
-
Corporate
843
1 400
-
-
income
160
266
-
-
total
160
266
-
-
Dividends
683
1 134
-
-
withholding
102
170
-
-
total
102
170
-
-
Income
1 400
1 400
1 400
1 400
Total tax
536
436
689
717
After tax
864
964
711
683
Living cost
283
283
283
283
Free-cash
581
681
428
400

Estimated living cost  is $283 per week

$196
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
$335
$492
$363
$616
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
-
-
-
1 400
health
-
-
-
189
social contributions
-
-
-
407
income
-
-
-
121
solidarity contribution
-
-
-
-
total
-
-
-
717
Employee
512
-
1 045
-
income
61
-
125
-
social contributions
33
-
68
-
health
69
-
141
-
solidarity contribution
-
-
-
-
total
163
-
334
-
Employer
512
-
1 045
-
social contributions
128
-
261
-
health
46
-
94
-
total
174
-
355
-
Corporate
714
1 400
-
-
income
136
266
-
-
total
136
266
-
-
Dividends
578
1 134
-
-
withholding
87
170
-
-
total
87
170
-
-
Income
1 400
1 400
1 400
1 400
Total tax
560
436
689
717
After tax
840
964
711
683
Living cost
348
348
348
348
Free-cash
492
616
363
335

Estimated living cost  is $348 per week

$259
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
$267
-$1274
-$1274
-$1274
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
-
-
-
1 400
national
-
-
-
151
pensions
-
-
-
11
municipal
-
-
-
269
labour market
-
-
-
111
total
-
-
-
542
Employee
2 496
2 496
2 496
-
municipal
531
531
531
-
national
305
305
305
-
pensions
4
4
4
-
labour market
199
199
199
-
total
1 039
1 039
1 039
-
Employer
2 496
2 496
2 496
-
pensions
7
7
7
-
labour market
200
200
200
-
municipal
532
532
532
-
national
305
305
305
-
total
1 044
1 044
1 044
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
1 400
1 400
1 400
1 400
Total tax
2 083
2 083
2 083
542
After tax
-683
-683
-683
858
Living cost
591
591
591
591
Free-cash
-1 274
-1 274
-1 274
267

Estimated living cost  is $591 per week

$405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$52
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.
$125
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
$454
$748
$511
$824
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
-
-
-
1 400
health
-
-
-
182
pensions
-
-
-
280
income
-
-
-
188
total
-
-
-
650
Employee
347
-
1 046
-
unemployment
6
-
17
-
income
39
-
202
-
pensions
7
-
21
-
total
52
-
240
-
Employer
347
-
1 046
-
pensions
69
-
209
-
health
45
-
136
-
unemployment
3
-
8
-
total
117
-
353
-
Corporate
935
1 400
-
-
income
187
280
-
-
total
187
280
-
-
Dividends
748
1 120
-
-
total
-
-
-
-
Income
1 400
1 400
1 400
1 400
Total tax
356
280
593
650
After tax
1 044
1 120
807
750
Living cost
296
296
296
296
Free-cash
748
824
511
454

Estimated living cost  is $296 per week

$203
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.
$69
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
$505
$438
$313
$448
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

-
-
-
1 400
national
-
-
-
160
health
-
-
-
16
municipal
-
-
-
249
total
-
-
-
425
Employee
644
-
1 178
-
unemployment
10
-
18
-
municipal
105
-
192
-
national
11
-
93
-
pensions
43
-
79
-
health
5
-
13
-
total
174
-
395
-
Employer
644
-
1 178
-
pensions
112
-
204
-
health
5
-
9
-
accident
1
-
1
-
unemployment
4
-
8
-
total
122
-
222
-
Corporate
634
1 400
-
-
income
127
280
-
-
total
127
280
-
-
Dividends

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

381
840
-
-
municipal
69
151
-
-
national
-
51
-
-
total
69
202
-
-
Income
1 400
1 400
1 400
1 400
Total tax
492
482
617
425
After tax
908
918
783
975
Living cost
470
470
470
470
Free-cash
438
448
313
505

Estimated living cost  is $470 per week

$307
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.
$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

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
$424
$398
$476
$329
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
-
-
-
1 400
surtax
-
-
-
-
health
-
-
-
36
pensions
-
-
-
322
social contributions
-
-
-
40
income
-
-
-
158
other
-
-
-
43
total
-
-
-
599
Employee
468
-
1 125
-
income
24
-
180
-
surtax
-
-
-
-
social contributions
13
-
32
-
pensions
53
-
60
-
total
90
-
272
-
Employer
468
-
1 125
-
pensions
77
-
104
-
social contributions
1
-
3
-
other
16
-
39
-
health
33
-
83
-
unemployment
19
-
46
-
total
146
-
275
-
Corporate
786
1 400
-
-
income
220
392
-
-
surtax
-
-
-
-
total
220
392
-
-
Dividends
566
1 008
-
-
withholding
72
129
-
-
social contributions
97
173
-
-
surtax
-
-
-
-
total
169
302
-
-
Income
1 400
1 400
1 400
1 400
Total tax
625
694
547
599
After tax
775
706
853
801
Living cost
377
377
377
377
Free-cash
398
329
476
424

Estimated living cost  is $377 per week

$219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$38
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
$382
$359
$434
$287
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
-
-
-
1 400
surtax
-
-
-
-
health
-
-
-
36
pensions
-
-
-
322
social contributions
-
-
-
40
income
-
-
-
158
other
-
-
-
43
total
-
-
-
599
Employee
524
-
1 125
-
income
31
-
180
-
surtax
-
-
-
-
social contributions
15
-
32
-
pensions
59
-
60
-
total
105
-
272
-
Employer
524
-
1 125
-
pensions
86
-
104
-
social contributions
2
-
3
-
other
18
-
39
-
health
37
-
83
-
unemployment
21
-
46
-
total
164
-
275
-
Corporate
712
1 400
-
-
income
199
392
-
-
surtax
-
-
-
-
total
199
392
-
-
Dividends
513
1 008
-
-
withholding
66
129
-
-
social contributions
88
173
-
-
surtax
-
-
-
-
total
154
302
-
-
Income
1 400
1 400
1 400
1 400
Total tax
622
694
547
599
After tax
778
706
853
801
Living cost
419
419
419
419
Free-cash
359
287
434
382

Estimated living cost  is $419 per week

$264
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
$210
$199
$262
$115
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 400
surtax
-
-
-
-
health
-
-
-
36
pensions
-
-
-
322
social contributions
-
-
-
40
income
-
-
-
158
other
-
-
-
43
total
-
-
-
599
Employee
767
-
1 125
-
income
67
-
180
-
surtax
-
-
-
-
social contributions
22
-
32
-
pensions
87
-
60
-
total
176
-
272
-
Employer
767
-
1 125
-
pensions
126
-
104
-
social contributions
2
-
3
-
other
26
-
39
-
health
54
-
83
-
unemployment
31
-
46
-
total
239
-
275
-
Corporate
394
1 400
-
-
income
110
392
-
-
surtax
-
-
-
-
total
110
392
-
-
Dividends
284
1 008
-
-
withholding
36
129
-
-
social contributions
49
173
-
-
surtax
-
-
-
-
total
85
302
-
-
Income
1 400
1 400
1 400
1 400
Total tax
610
694
547
599
After tax
790
706
853
801
Living cost
591
591
591
591
Free-cash
199
115
262
210

Estimated living cost  is $591 per week

$400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$48
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
$1307
$1236
$1041
$1251
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%.

-
-
-
1 400
microenterprise

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

-
-
-
14
total
-
-
-
14
Employee
99
-
1 400
-
income
20
-
280
-
total
20
-
280
-
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%.

1 301
1 400
-
-
total
-
-
-
-
Dividends
1 301
1 400
-
-
withholding
65
70
-
-
total
65
70
-
-
Income
1 400
1 400
1 400
1 400
Total tax
85
70
280
14
After tax
1 315
1 330
1 120
1 386
Living cost
79
79
79
79
Free-cash
1 236
1 251
1 041
1 307

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
$1263
$1184
$997
$1207
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%.

-
-
-
1 400
microenterprise

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

-
-
-
14
total
-
-
-
14
Employee
154
-
1 400
-
income
31
-
280
-
total
31
-
280
-
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%.

1 246
1 400
-
-
total
-
-
-
-
Dividends
1 246
1 400
-
-
withholding
62
70
-
-
total
62
70
-
-
Income
1 400
1 400
1 400
1 400
Total tax
93
70
280
14
After tax
1 307
1 330
1 120
1 386
Living cost
123
123
123
123
Free-cash
1 184
1 207
997
1 263

Estimated living cost  is $123 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
$356
$407
$475
$248
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.

-
-
-
1 400
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.

-
-
-
19
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.

-
-
-
349
trade
-
-
-
119
total
-
-
-
571
Employee

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

609
-
1 400
-
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
-
349
-
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
-
19
-
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
-
452
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
791
1 400
-
-
trade
114
201
-
-
income
119
210
-
-
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
12
-
-
total
243
427
-
-
Dividends
549
974
-
-
withholding
133
239
-
-
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
13
-
-
total
140
252
-
-
Income
1 400
1 400
1 400
1 400
Total tax
520
679
452
571
After tax
880
721
948
829
Living cost
473
473
473
473
Free-cash
407
248
475
356

Estimated living cost  is $473 per week

$326
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
$446
$471
$577
$336
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.

-
-
-
1 400
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.

-
-
-
19
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.

-
-
-
349
trade
-
-
-
131
total
-
-
-
583
Employee

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

468
-
1 400
-
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
-
349
-
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
-
19
-
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
-
452
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
932
1 400
-
-
trade
147
220
-
-
income
140
210
-
-
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.

8
12
-
-
total
298
446
-
-
Dividends
634
954
-
-
withholding
154
234
-
-
surtax

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

8
13
-
-
total
162
247
-
-
Income
1 400
1 400
1 400
1 400
Total tax
558
693
452
583
After tax
842
707
948
817
Living cost
371
371
371
371
Free-cash
471
336
577
446

Estimated living cost  is $371 per week

$233
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.
$87
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
$330
$391
$467
$219
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
1 400
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.

-
-
-
19
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.

-
-
-
349
trade
-
-
-
137
total
-
-
-
589
Employee

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

621
-
1 400
-
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.

53
-
349
-
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
-
19
-
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
140
-
452
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
779
1 400
-
-
trade
128
230
-
-
income
117
210
-
-
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
12
-
-
total
254
456
-
-
Dividends
525
944
-
-
withholding
127
231
-
-
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
13
-
-
total
134
244
-
-
Income
1 400
1 400
1 400
1 400
Total tax
528
700
452
589
After tax
872
700
948
811
Living cost
481
481
481
481
Free-cash
391
219
467
330

Estimated living cost  is $481 per week

$322
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.
$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

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
$245
$329
$387
$131
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.

-
-
-
1 400
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.

-
-
-
19
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.

-
-
-
349
trade
-
-
-
142
total
-
-
-
594
Employee

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

736
-
1 400
-
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
-
349
-
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
-
19
-
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
-
452
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
664
1 400
-
-
trade
114
240
-
-
income
100
210
-
-
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
12
-
-
total
222
466
-
-
Dividends
442
935
-
-
withholding
106
229
-
-
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
13
-
-
total
112
242
-
-
Income
1 400
1 400
1 400
1 400
Total tax
510
708
452
594
After tax
890
692
948
806
Living cost
561
561
561
561
Free-cash
329
131
387
245

Estimated living cost  is $561 per week

$410
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$45
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$99
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Athens , Greece
$420
$566
$397
$606
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
-
-
-
1 400
surtax
-
-
-
37
unemployment
-
-
-
3
health
-
-
-
99
pensions
-
-
-
280
income
-
-
-
286
other
-
-
-
-
total
-
-
-
705
Employee
412
-
1 157
-
unemployment
29
-
80
-
other
-
-
-
-
income
69
-
264
-
surtax
1
-
34
-
pensions
28
-
77
-
health
11
-
29
-
total
138
-
484
-
Employer
412
-
1 157
-
pensions
55
-
154
-
other
-
-
-
-
health
19
-
53
-
unemployment
13
-
37
-
total
87
-
244
-
Corporate
901
1 400
-
-
income
234
364
-
-
total
234
364
-
-
Dividends
667
1 036
-
-
withholding
100
155
-
-
total
100
155
-
-
Income
1 400
1 400
1 400
1 400
Total tax
559
519
728
705
After tax
841
881
672
695
Living cost
275
275
275
275
Free-cash
566
606
397
420

Estimated living cost  is $275 per week

$166
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
$425
$573
$402
$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
-
-
-
1 400
surtax
-
-
-
37
unemployment
-
-
-
3
health
-
-
-
99
pensions
-
-
-
280
income
-
-
-
286
other
-
-
-
-
total
-
-
-
705
Employee
405
-
1 157
-
unemployment
28
-
80
-
other
-
-
-
-
income
68
-
264
-
surtax
1
-
34
-
pensions
27
-
77
-
health
10
-
29
-
total
134
-
484
-
Employer
405
-
1 157
-
pensions
54
-
154
-
other
-
-
-
-
health
18
-
53
-
unemployment
13
-
37
-
total
85
-
244
-
Corporate
910
1 400
-
-
income
237
364
-
-
total
237
364
-
-
Dividends
673
1 036
-
-
withholding
101
155
-
-
total
101
155
-
-
Income
1 400
1 400
1 400
1 400
Total tax
557
519
728
705
After tax
843
881
672
695
Living cost
270
270
270
270
Free-cash
573
611
402
425

Estimated living cost  is $270 per week

$165
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
$727
$551
$569
$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
-
-
-
1 400
unemployment
-
-
-
21
health
-
-
-
98
pensions
-
-
-
140
income
-
-
-
171
total
-
-
-
430
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.

351
140
1 172
-
unemployment
5
2
18
-
income
43
17
143
-
pensions
35
14
117
-
health
25
10
82
-
total
108
43
360
-
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.

351
140
1 172
-
pensions
68
27
228
-
total
68
27
228
-
Corporate
981
1 233
-
-
income
88
111
-
-
total
88
111
-
-
Dividends
893
1 122
-
-
withholding
170
213
-
-
social contributions
172
217
-
-
total
342
430
-
-
Income
1 400
1 400
1 400
1 400
Total tax
606
611
588
430
After tax
794
789
812
970
Living cost
243
243
243
243
Free-cash
551
546
569
727

Estimated living cost  is $243 per week

$166
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.
$52
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
$245
$272
$256
$281
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
-
-
-
1 400
national
-
-
-
230
pensions
-
-
-
168
social contributions
-
-
-
15
municipal
-
-
-
149
total
-
-
-
562
Employee
919
-
1 210
-
municipal
113
-
154
-
national
176
-
239
-
pensions
37
-
48
-
total
326
-
441
-
Employer
919
-
1 210
-
pensions
73
-
97
-
social contributions
10
-
13
-
total
83
-
110
-
Corporate
337
1 400
-
-
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%.

67
280
-
-
total
67
280
-
-
Dividends
270
1 120
-
-
withholding
59
246
-
-
total
59
246
-
-
Income
1 400
1 400
1 400
1 400
Total tax
535
526
551
562
After tax
865
874
849
838
Living cost
593
593
593
593
Free-cash
272
281
256
245

Estimated living cost  is $593 per week

$403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$55
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$9
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Dublin , Ireland
$217
$310
$217
$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
-
-
-
1 400
social contributions
-
-
-
128
income
-
-
-
358
total
-
-
-
486
Employee
958
-
1 400
-
social contributions
80
-
128
-
income
181
-
358
-
total
261
-
486
-
Employer
958
-
1 400
-
total
-
-
-
-
Corporate
442
1 400
-
-
income
55
175
-
-
total
55
175
-
-
Dividends
387
1 225
-
-
withholding
77
245
-
-
total
77
245
-
-
Income
1 400
1 400
1 400
1 400
Total tax
393
420
486
486
After tax
1 007
980
914
914
Living cost
697
697
697
697
Free-cash
310
283
217
217

Estimated living cost  is $697 per week

$530
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.
$103
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
$189
$166
$123
$230
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
-
-
-
1 400
national
-
-
-
310
regional
-
-
-
16
social contributions
-
-
-
360
municipal
-
-
-
8
total
-
-
-
694
Employee
1 088
-
1 400
-
municipal
6
-
7
-
national
189
-
267
-
social contributions
367
-
472
-
regional
10
-
14
-
total
572
-
760
-
Employer
1 088
-
1 400
-
total
-
-
-
-
Corporate
312
1 400
-
-
nationa
75
336
-
-
municipal
12
55
-
-
total
87
391
-
-
Dividends
225
1 009
-
-
withholding
58
262
-
-
total
58
262
-
-
Income
1 400
1 400
1 400
1 400
Total tax
717
653
760
694
After tax
683
747
640
706
Living cost
517
517
517
517
Free-cash
166
230
123
189

Estimated living cost  is $517 per week

$360
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
$371
$378
$305
$405
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
-
-
-
1 400
national
-
-
-
310
regional
-
-
-
21
social contributions
-
-
-
360
municipal
-
-
-
8
total
-
-
-
699
Employee
679
-
1 400
-
municipal
4
-
7
-
national
108
-
267
-
social contributions
229
-
472
-
regional
9
-
19
-
total
350
-
765
-
Employer
679
-
1 400
-
total
-
-
-
-
Corporate
721
1 400
-
-
nationa
173
336
-
-
municipal
36
70
-
-
total
209
406
-
-
Dividends
512
994
-
-
withholding
133
259
-
-
total
133
259
-
-
Income
1 400
1 400
1 400
1 400
Total tax
692
665
765
699
After tax
708
735
635
701
Living cost
330
330
330
330
Free-cash
378
405
305
371

Estimated living cost  is $330 per week

$205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$33
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$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