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
$ 1450
per

Your estimated
City
free-cash

Andorra , Andorra
$724
$895
$762
$937
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
-
-
-
1 450
social contributions
-
-
-
319
income
-
-
-
39
total
-
-
-
358
Employee
394
-
1 255
-
social contributions
26
-
82
-
income
-
-
43
-
total
26
-
125
-
Employer
394
-
1 255
-
social contributions
61
-
195
-
total
61
-
195
-
Corporate
995
1 450
-
-
income
100
145
-
-
total
100
145
-
-
Dividends
896
1 305
-
-
total
-
-
-
-
Income
1 450
1 450
1 450
1 450
Total tax
187
145
320
358
After tax
1 263
1 305
1 130
1 092
Living cost
368
368
368
368
Free-cash
895
937
762
724

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
$330
$414
$19
$420
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 450
surtax
-
-
-
-
unemployment
-
-
-
75
health
-
-
-
109
chamber of commerce
-
-
-
6
pensions
-
-
-
265
income
-
-
-
274
total
-
-
-
729
Employee
535
488
1 126
-
unemployment
16
15
34
-
other
5
5
11
-
income
48
36
241
-
pensions
55
50
115
-
health
21
19
44
-
total
145
125
445
-
Employer
535
488
1 126
-
pensions
67
61
141
-
surtax
-
-
-
-
payroll
16
15
34
-
other
25
23
53
-
health
20
18
43
-
accident
7
6
15
-
unemployment
16
15
34
-
chamber of commerce
2
2
5
-
total
153
140
325
-
Corporate
761
822
1 080
-
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.

190
205
270
-
total
190
205
270
-
Dividends
571
616
-
-
withholding
157
169
-
-
total
157
169
-
-
Income
1 450
1 450
1 450
1 450
Total tax
645
639
1 040
729
After tax
805
811
410
721
Living cost
391
391
391
391
Free-cash
414
420
19
330

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
$288
$360
-$20
$378
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
-
-
-
1 450
surtax
-
-
-
2
unemployment
-
-
-
75
health
-
-
-
109
chamber of commerce
-
-
-
6
pensions
-
-
-
265
income
-
-
-
274
total
-
-
-
731
Employee
612
488
1 124
-
unemployment
18
15
34
-
other
6
5
11
-
income
70
36
240
-
pensions
63
50
115
-
health
24
19
44
-
total
181
125
444
-
Employer
612
488
1 124
-
pensions
77
61
141
-
surtax
2
2
2
-
payroll
18
15
34
-
other
29
23
53
-
health
23
18
42
-
accident
8
6
15
-
unemployment
18
15
34
-
chamber of commerce
2
2
5
-
total
177
142
326
-
Corporate
660
819
1 078
-
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.

165
205
269
-
total
165
205
269
-
Dividends
495
615
-
-
withholding
136
169
-
-
total
136
169
-
-
Income
1 450
1 450
1 450
1 450
Total tax
659
641
1 039
731
After tax
791
809
411
719
Living cost
431
431
431
431
Free-cash
360
378
-20
288

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
$210
$182
$103
$366
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
-
-
-
1 450
national
-
-
-
489
communal

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

-
-
-
73
social contributions
-
-
-
232
total
-
-
-
794
Employee

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

876
-
1 123
-
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
-
10
-
national
269
-
368
-
communal

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

46
-
59
-
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
-
84
-
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
-
53
-
total
430
-
574
-
Employer

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

876
-
1 123
-
surtax
99
-
127
-
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
-
100
-
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
-
69
-
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
-
15
-
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
-
327
-
Corporate
320
1 450
-
-
income
64
290
-
-
surtax
1
6
-
-
total
65
296
-
-
Dividends
254
1 154
-
-
withholding

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

72
342
-
-
total
72
342
-
-
Income
1 450
1 450
1 450
1 450
Total tax
822
638
901
794
After tax
628
812
549
656
Living cost
446
446
446
446
Free-cash
182
366
103
210

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
$909
$955
$957
$1030
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
-
-
-
1 450
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
-
-
-
217
total
-
-
-
331
Employee
278
-
1 366
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
income
28
-
137
-
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
-
199
-
Employer
278
-
1 366
-
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
1 117
1 450
-
-
income
112
145
-
-
total
112
145
-
-
Dividends
1 005
1 305
-
-
withholding
50
65
-
-
total
50
65
-
-
Income
1 450
1 450
1 450
1 450
Total tax
285
210
283
331
After tax
1 165
1 240
1 167
1 119
Living cost
210
210
210
210
Free-cash
955
1 030
957
909

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
$959
$1023
$1007
$1080
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
-
-
-
1 450
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
-
-
-
217
total
-
-
-
331
Employee
212
-
1 366
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
income
21
-
137
-
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
-
199
-
Employer
212
-
1 366
-
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
1 196
1 450
-
-
income
120
145
-
-
total
120
145
-
-
Dividends
1 077
1 305
-
-
withholding
54
65
-
-
total
54
65
-
-
Income
1 450
1 450
1 450
1 450
Total tax
267
210
283
331
After tax
1 183
1 240
1 167
1 119
Living cost
160
160
160
160
Free-cash
1 023
1 080
1 007
959

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
$735
$711
$720
$778
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
-
-
-
1 450
health
-
-
-
37
social contributions
-
-
-
198
income
-
-
-
197
total
-
-
-
432
Employee
941
941
1 320
-
income
102
87
191
-
social contributions
36
78
105
-
health
7
16
22
-
total
145
181
318
-
Employer
941
941
1 320
-
social contributions
36
78
105
-
health
8
17
24
-
total
44
95
129
-
Corporate
978
413
-
-
income
122
52
-
-
total
122
52
-
-
Dividends
855
362
-
-
withholding
145
61
-
-
total
145
61
-
-
Income
1 450
1 450
1 450
1 450
Total tax
456
389
447
432
After tax
994
1 061
1 003
1 018
Living cost
283
283
283
283
Free-cash
711
778
720
735

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
$621
$613
$606
$664
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
-
-
-
1 450
health
-
-
-
37
social contributions
-
-
-
198
income
-
-
-
197
total
-
-
-
432
Employee
941
941
1 320
-
income
99
87
191
-
social contributions
46
78
105
-
health
9
16
22
-
total
154
181
318
-
Employer
941
941
1 320
-
social contributions
46
78
105
-
health
10
17
24
-
total
56
95
129
-
Corporate
843
413
-
-
income
105
52
-
-
total
105
52
-
-
Dividends
738
362
-
-
withholding
125
61
-
-
total
125
61
-
-
Income
1 450
1 450
1 450
1 450
Total tax
440
389
447
432
After tax
1 010
1 061
1 003
1 018
Living cost
397
397
397
397
Free-cash
613
664
606
621

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
$437
$614
$453
$715
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
-
-
-
1 450
health
-
-
-
196
social contributions
-
-
-
407
income
-
-
-
127
solidarity contribution
-
-
-
-
total
-
-
-
730
Employee
415
-
1 082
-
income
50
-
130
-
social contributions
27
-
70
-
health
56
-
146
-
solidarity contribution
-
-
-
-
total
133
-
346
-
Employer
415
-
1 082
-
social contributions
104
-
271
-
health
37
-
97
-
total
141
-
368
-
Corporate
893
1 450
-
-
income
170
276
-
-
total
170
276
-
-
Dividends
724
1 174
-
-
withholding
109
176
-
-
total
109
176
-
-
Income
1 450
1 450
1 450
1 450
Total tax
553
452
714
730
After tax
897
998
736
720
Living cost
283
283
283
283
Free-cash
614
715
453
437

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
$372
$527
$388
$650
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
-
-
-
1 450
health
-
-
-
196
social contributions
-
-
-
407
income
-
-
-
127
solidarity contribution
-
-
-
-
total
-
-
-
730
Employee
512
-
1 082
-
income
61
-
130
-
social contributions
33
-
70
-
health
69
-
146
-
solidarity contribution
-
-
-
-
total
163
-
346
-
Employer
512
-
1 082
-
social contributions
128
-
271
-
health
46
-
97
-
total
174
-
368
-
Corporate
764
1 450
-
-
income
145
276
-
-
total
145
276
-
-
Dividends
619
1 174
-
-
withholding
93
176
-
-
total
93
176
-
-
Income
1 450
1 450
1 450
1 450
Total tax
575
452
714
730
After tax
875
998
736
720
Living cost
348
348
348
348
Free-cash
527
650
388
372

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
$295
-$1224
-$1224
-$1224
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
-
-
-
1 450
national
-
-
-
157
pensions
-
-
-
11
municipal
-
-
-
281
labour market
-
-
-
115
total
-
-
-
564
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
1 450
1 450
1 450
1 450
Total tax
2 083
2 083
2 083
564
After tax
-633
-633
-633
886
Living cost
591
591
591
591
Free-cash
-1 224
-1 224
-1 224
295

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
$481
$788
$539
$864
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 450
health
-
-
-
189
pensions
-
-
-
290
income
-
-
-
194
total
-
-
-
673
Employee
347
-
1 084
-
unemployment
6
-
17
-
income
39
-
209
-
pensions
7
-
22
-
total
52
-
248
-
Employer
347
-
1 084
-
pensions
69
-
217
-
health
45
-
141
-
unemployment
3
-
9
-
total
117
-
367
-
Corporate
985
1 450
-
-
income
197
290
-
-
total
197
290
-
-
Dividends
788
1 160
-
-
total
-
-
-
-
Income
1 450
1 450
1 450
1 450
Total tax
366
290
615
673
After tax
1 084
1 160
835
777
Living cost
296
296
296
296
Free-cash
788
864
539
481

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
$534
$473
$336
$476
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

-
-
-
1 450
national
-
-
-
171
health
-
-
-
17
municipal
-
-
-
258
total
-
-
-
446
Employee
644
-
1 220
-
unemployment
10
-
18
-
municipal
105
-
199
-
national
11
-
101
-
pensions
43
-
82
-
health
5
-
14
-
total
174
-
414
-
Employer
644
-
1 220
-
pensions
112
-
212
-
health
5
-
9
-
accident
1
-
1
-
unemployment
4
-
8
-
total
122
-
230
-
Corporate
684
1 450
-
-
income
137
290
-
-
total
137
290
-
-
Dividends

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

411
870
-
-
municipal
74
157
-
-
national
-
57
-
-
total
74
214
-
-
Income
1 450
1 450
1 450
1 450
Total tax
507
504
644
446
After tax
943
946
806
1 004
Living cost
470
470
470
470
Free-cash
473
476
336
534

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
$452
$422
$500
$353
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 450
surtax
-
-
-
-
health
-
-
-
39
pensions
-
-
-
326
social contributions
-
-
-
41
income
-
-
-
170
other
-
-
-
45
total
-
-
-
621
Employee
468
-
1 162
-
income
24
-
189
-
surtax
-
-
-
-
social contributions
13
-
33
-
pensions
53
-
64
-
total
90
-
286
-
Employer
468
-
1 162
-
pensions
77
-
110
-
social contributions
1
-
3
-
other
16
-
40
-
health
33
-
87
-
unemployment
19
-
47
-
total
146
-
287
-
Corporate
836
1 450
-
-
income
234
406
-
-
surtax
-
-
-
-
total
234
406
-
-
Dividends
602
1 044
-
-
withholding
77
134
-
-
social contributions
104
180
-
-
surtax
-
-
-
-
total
181
314
-
-
Income
1 450
1 450
1 450
1 450
Total tax
651
720
573
621
After tax
799
730
877
829
Living cost
377
377
377
377
Free-cash
422
353
500
452

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
$410
$384
$458
$311
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
-
-
-
1 450
surtax
-
-
-
-
health
-
-
-
39
pensions
-
-
-
326
social contributions
-
-
-
41
income
-
-
-
170
other
-
-
-
45
total
-
-
-
621
Employee
524
-
1 162
-
income
31
-
189
-
surtax
-
-
-
-
social contributions
15
-
33
-
pensions
59
-
64
-
total
105
-
286
-
Employer
524
-
1 162
-
pensions
86
-
110
-
social contributions
2
-
3
-
other
18
-
40
-
health
37
-
87
-
unemployment
21
-
47
-
total
164
-
287
-
Corporate
762
1 450
-
-
income
214
406
-
-
surtax
-
-
-
-
total
214
406
-
-
Dividends
549
1 044
-
-
withholding
70
134
-
-
social contributions
94
180
-
-
surtax
-
-
-
-
total
164
314
-
-
Income
1 450
1 450
1 450
1 450
Total tax
647
720
573
621
After tax
803
730
877
829
Living cost
419
419
419
419
Free-cash
384
311
458
410

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
$238
$224
$286
$139
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
-
-
-
1 450
surtax
-
-
-
-
health
-
-
-
39
pensions
-
-
-
326
social contributions
-
-
-
41
income
-
-
-
170
other
-
-
-
45
total
-
-
-
621
Employee
767
-
1 162
-
income
67
-
189
-
surtax
-
-
-
-
social contributions
22
-
33
-
pensions
87
-
64
-
total
176
-
286
-
Employer
767
-
1 162
-
pensions
126
-
110
-
social contributions
2
-
3
-
other
26
-
40
-
health
54
-
87
-
unemployment
31
-
47
-
total
239
-
287
-
Corporate
444
1 450
-
-
income
124
406
-
-
surtax
-
-
-
-
total
124
406
-
-
Dividends
320
1 044
-
-
withholding
41
134
-
-
social contributions
55
180
-
-
surtax
-
-
-
-
total
96
314
-
-
Income
1 450
1 450
1 450
1 450
Total tax
635
720
573
621
After tax
815
730
877
829
Living cost
591
591
591
591
Free-cash
224
139
286
238

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
$1357
$1283
$1081
$1298
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%.

-
-
-
1 450
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
-
1 450
-
income
20
-
290
-
total
20
-
290
-
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%.

1 351
1 450
-
-
total
-
-
-
-
Dividends
1 351
1 450
-
-
withholding
68
73
-
-
total
68
73
-
-
Income
1 450
1 450
1 450
1 450
Total tax
88
73
290
14
After tax
1 362
1 377
1 160
1 436
Living cost
79
79
79
79
Free-cash
1 283
1 298
1 081
1 357

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
$1313
$1231
$1037
$1254
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%.

-
-
-
1 450
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
-
1 450
-
income
31
-
290
-
total
31
-
290
-
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%.

1 296
1 450
-
-
total
-
-
-
-
Dividends
1 296
1 450
-
-
withholding
65
73
-
-
total
65
73
-
-
Income
1 450
1 450
1 450
1 450
Total tax
96
73
290
14
After tax
1 354
1 377
1 160
1 436
Living cost
123
123
123
123
Free-cash
1 231
1 254
1 037
1 313

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
$377
$434
$503
$274
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.

-
-
-
1 450
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.

-
-
-
20
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.

-
-
-
370
trade
-
-
-
126
total
-
-
-
600
Employee

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

609
-
1 450
-
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
-
370
-
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
-
20
-
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
-
474
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
841
1 450
-
-
trade
121
208
-
-
income
126
218
-
-
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
257
442
-
-
Dividends
584
1 008
-
-
withholding
141
247
-
-
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
14
-
-
total
149
261
-
-
Income
1 450
1 450
1 450
1 450
Total tax
543
703
474
600
After tax
907
747
976
850
Living cost
473
473
473
473
Free-cash
434
274
503
377

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
$466
$497
$605
$362
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.

-
-
-
1 450
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.

-
-
-
20
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.

-
-
-
370
trade
-
-
-
139
total
-
-
-
613
Employee

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

468
-
1 450
-
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
-
370
-
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
-
20
-
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
-
474
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
982
1 450
-
-
trade
155
228
-
-
income
147
218
-
-
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
313
462
-
-
Dividends
669
988
-
-
withholding
162
242
-
-
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.

9
13
-
-
total
171
255
-
-
Income
1 450
1 450
1 450
1 450
Total tax
582
717
474
613
After tax
868
733
976
837
Living cost
371
371
371
371
Free-cash
497
362
605
466

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
$350
$417
$495
$243
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.

-
-
-
1 450
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.

-
-
-
20
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.

-
-
-
370
trade
-
-
-
145
total
-
-
-
619
Employee

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

621
-
1 450
-
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
-
370
-
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
-
20
-
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
-
474
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
829
1 450
-
-
trade
136
239
-
-
income
124
218
-
-
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
270
473
-
-
Dividends
559
978
-
-
withholding
135
240
-
-
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
142
253
-
-
Income
1 450
1 450
1 450
1 450
Total tax
552
726
474
619
After tax
898
724
976
831
Living cost
481
481
481
481
Free-cash
417
243
495
350

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
$264
$354
$415
$156
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.

-
-
-
1 450
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.

-
-
-
20
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.

-
-
-
370
trade
-
-
-
151
total
-
-
-
625
Employee

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

736
-
1 450
-
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
-
370
-
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
-
20
-
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
-
474
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
714
1 450
-
-
trade
123
249
-
-
income
107
218
-
-
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
239
483
-
-
Dividends
476
968
-
-
withholding
114
237
-
-
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
120
250
-
-
Income
1 450
1 450
1 450
1 450
Total tax
535
733
474
625
After tax
915
717
976
825
Living cost
561
561
561
561
Free-cash
354
156
415
264

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
$436
$597
$413
$637
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
-
-
-
1 450
surtax
-
-
-
40
unemployment
-
-
-
3
health
-
-
-
103
pensions
-
-
-
290
income
-
-
-
303
other
-
-
-
-
total
-
-
-
739
Employee
412
-
1 198
-
unemployment
29
-
83
-
other
-
-
-
-
income
69
-
280
-
surtax
1
-
36
-
pensions
28
-
80
-
health
11
-
31
-
total
138
-
510
-
Employer
412
-
1 198
-
pensions
55
-
160
-
other
-
-
-
-
health
19
-
54
-
unemployment
13
-
38
-
total
87
-
252
-
Corporate
951
1 450
-
-
income
247
377
-
-
total
247
377
-
-
Dividends
704
1 073
-
-
withholding
106
161
-
-
total
106
161
-
-
Income
1 450
1 450
1 450
1 450
Total tax
578
538
762
739
After tax
872
912
688
711
Living cost
275
275
275
275
Free-cash
597
637
413
436

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
$441
$604
$418
$642
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
-
-
-
1 450
surtax
-
-
-
40
unemployment
-
-
-
3
health
-
-
-
103
pensions
-
-
-
290
income
-
-
-
303
other
-
-
-
-
total
-
-
-
739
Employee
405
-
1 198
-
unemployment
28
-
83
-
other
-
-
-
-
income
68
-
280
-
surtax
1
-
36
-
pensions
27
-
80
-
health
10
-
31
-
total
134
-
510
-
Employer
405
-
1 198
-
pensions
54
-
160
-
other
-
-
-
-
health
18
-
54
-
unemployment
13
-
38
-
total
85
-
252
-
Corporate
960
1 450
-
-
income
250
377
-
-
total
250
377
-
-
Dividends
710
1 073
-
-
withholding
107
161
-
-
total
107
161
-
-
Income
1 450
1 450
1 450
1 450
Total tax
576
538
762
739
After tax
874
912
688
711
Living cost
270
270
270
270
Free-cash
604
642
418
441

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
$761
$579
$598
$574
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
-
-
-
1 450
unemployment
-
-
-
22
health
-
-
-
102
pensions
-
-
-
145
income
-
-
-
177
total
-
-
-
446
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
1 213
-
unemployment
5
2
18
-
income
43
17
148
-
pensions
35
14
121
-
health
25
10
85
-
total
108
43
372
-
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
1 213
-
pensions
68
27
237
-
total
68
27
237
-
Corporate
1 031
1 283
-
-
income
93
115
-
-
total
93
115
-
-
Dividends
938
1 168
-
-
withholding
178
222
-
-
social contributions
181
226
-
-
total
359
448
-
-
Income
1 450
1 450
1 450
1 450
Total tax
628
633
609
446
After tax
822
817
841
1 004
Living cost
243
243
243
243
Free-cash
579
574
598
761

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
$273
$303
$286
$312
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
-
-
-
1 450
national
-
-
-
239
pensions
-
-
-
174
social contributions
-
-
-
16
municipal
-
-
-
155
total
-
-
-
584
Employee
919
-
1 254
-
municipal
113
-
160
-
national
176
-
248
-
pensions
37
-
50
-
total
326
-
458
-
Employer
919
-
1 254
-
pensions
73
-
100
-
social contributions
10
-
13
-
total
83
-
113
-
Corporate
387
1 450
-
-
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%.

77
290
-
-
total
77
290
-
-
Dividends
310
1 160
-
-
withholding
68
255
-
-
total
68
255
-
-
Income
1 450
1 450
1 450
1 450
Total tax
554
545
571
584
After tax
896
905
879
866
Living cost
593
593
593
593
Free-cash
303
312
286
273

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
$241
$344
$241
$318
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
-
-
-
1 450
social contributions
-
-
-
134
income
-
-
-
378
total
-
-
-
512
Employee
958
-
1 450
-
social contributions
80
-
134
-
income
181
-
378
-
total
261
-
512
-
Employer
958
-
1 450
-
total
-
-
-
-
Corporate
492
1 450
-
-
income
62
181
-
-
total
62
181
-
-
Dividends
431
1 269
-
-
withholding
86
254
-
-
total
86
254
-
-
Income
1 450
1 450
1 450
1 450
Total tax
409
435
512
512
After tax
1 041
1 015
938
938
Living cost
697
697
697
697
Free-cash
344
318
241
241

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
$211
$192
$142
$256
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
-
-
-
1 450
national
-
-
-
324
regional
-
-
-
16
social contributions
-
-
-
373
municipal
-
-
-
9
total
-
-
-
722
Employee
1 088
-
1 450
-
municipal
6
-
8
-
national
189
-
280
-
social contributions
367
-
489
-
regional
10
-
14
-
total
572
-
791
-
Employer
1 088
-
1 450
-
total
-
-
-
-
Corporate
362
1 450
-
-
nationa
87
348
-
-
municipal
14
57
-
-
total
101
405
-
-
Dividends
261
1 045
-
-
withholding
68
272
-
-
total
68
272
-
-
Income
1 450
1 450
1 450
1 450
Total tax
741
677
791
722
After tax
709
773
659
728
Living cost
517
517
517
517
Free-cash
192
256
142
211

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
$392
$405
$324
$432
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
-
-
-
1 450
national
-
-
-
324
regional
-
-
-
22
social contributions
-
-
-
373
municipal
-
-
-
9
total
-
-
-
728
Employee
679
-
1 450
-
municipal
4
-
8
-
national
108
-
280
-
social contributions
229
-
489
-
regional
9
-
19
-
total
350
-
796
-
Employer
679
-
1 450
-
total
-
-
-
-
Corporate
771
1 450
-
-
nationa
185
348
-
-
municipal
38
72
-
-
total
223
420
-
-
Dividends
548
1 030
-
-
withholding
142
268
-
-
total
142
268
-
-
Income
1 450
1 450
1 450
1 450
Total tax
715
688
796
728
After tax
735
762
654
722
Living cost
330
330
330
330
Free-cash
405
432
324
392

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