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
$ 1500
per

Your estimated
City
free-cash

Andorra , Andorra
$758
$939
$798
$980
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
-
-
-
1 500
social contributions
-
-
-
330
income
-
-
-
42
total
-
-
-
372
Employee
396
-
1 299
-
social contributions
26
-
84
-
income
-
-
47
-
total
26
-
131
-
Employer
396
-
1 299
-
social contributions
61
-
201
-
total
61
-
201
-
Corporate
1 043
1 500
-
-
income
104
150
-
-
total
104
150
-
-
Dividends
938
1 350
-
-
total
-
-
-
-
Income
1 500
1 500
1 500
1 500
Total tax
191
150
332
372
After tax
1 309
1 350
1 168
1 128
Living cost
370
370
370
370
Free-cash
939
980
798
758

Estimated living cost  is $370 per week

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

Additional information

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

Graz , Austria
$356
$439
$29
$444
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
-
-
-
1 500
surtax
-
-
-
-
unemployment
-
-
-
76
health
-
-
-
110
chamber of commerce
-
-
-
6
pensions
-
-
-
266
income
-
-
-
293
total
-
-
-
751
Employee
538
491
1 165
-
unemployment
16
15
35
-
other
5
5
12
-
income
48
36
253
-
pensions
55
50
119
-
health
21
19
45
-
total
145
125
464
-
Employer
538
491
1 165
-
pensions
68
62
146
-
surtax
-
-
-
-
payroll
16
15
35
-
other
26
23
55
-
health
20
19
44
-
accident
7
6
15
-
unemployment
16
15
35
-
chamber of commerce
2
2
5
-
total
155
142
335
-
Corporate
807
868
1 118
-
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.

202
217
279
-
total
202
217
279
-
Dividends
605
651
-
-
withholding
166
179
-
-
total
166
179
-
-
Income
1 500
1 500
1 500
1 500
Total tax
668
663
1 078
751
After tax
832
837
422
749
Living cost
393
393
393
393
Free-cash
439
444
29
356

Estimated living cost  is $393 per week

$236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$40
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Vienna , Austria
$313
$387
-$14
$402
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
-
-
-
1 500
surtax
-
-
-
2
unemployment
-
-
-
76
health
-
-
-
110
chamber of commerce
-
-
-
6
pensions
-
-
-
266
income
-
-
-
293
total
-
-
-
753
Employee
615
491
1 163
-
unemployment
18
15
35
-
other
6
5
12
-
income
70
36
253
-
pensions
63
50
119
-
health
24
19
45
-
total
181
125
464
-
Employer
615
491
1 163
-
pensions
77
62
146
-
surtax
2
2
2
-
payroll
18
15
35
-
other
29
23
55
-
health
23
19
44
-
accident
8
6
15
-
unemployment
18
15
35
-
chamber of commerce
2
2
5
-
total
177
144
337
-
Corporate
705
866
1 116
-
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.

176
216
279
-
total
176
216
279
-
Dividends
529
649
-
-
withholding
145
179
-
-
total
145
179
-
-
Income
1 500
1 500
1 500
1 500
Total tax
679
664
1 080
753
After tax
821
836
420
747
Living cost
434
434
434
434
Free-cash
387
402
-14
313

Estimated living cost  is $434 per week

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

Additional information

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

Brussels , Belgium
$227
$207
$116
$391
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
-
-
-
1 500
national
-
-
-
509
communal

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

-
-
-
76
social contributions
-
-
-
239
total
-
-
-
824
Employee

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

881
-
1 162
-
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
271
-
384
-
communal

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

46
-
61
-
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
-
87
-
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
-
55
-
total
432
-
597
-
Employer

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

881
-
1 162
-
surtax
100
-
132
-
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
-
103
-
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
-
71
-
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
-
17
-
total
256
-
338
-
Corporate
363
1 500
-
-
income
73
300
-
-
surtax
1
6
-
-
total
74
306
-
-
Dividends
289
1 194
-
-
withholding

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

82
354
-
-
total
82
354
-
-
Income
1 500
1 500
1 500
1 500
Total tax
844
660
935
824
After tax
656
840
565
676
Living cost
449
449
449
449
Free-cash
207
391
116
227

Estimated living cost  is $449 per week

$289
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$39
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sofia , Bulgaria
$948
$996
$998
$1070
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
-
-
-
1 500
unemployment
-
-
-
2
health
-
-
-
49
pensions

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

-
-
-
64
income
-
-
-
225
total
-
-
-
340
Employee
281
-
1 416
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
income
28
-
142
-
pensions

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

25
-
38
-
health
13
-
20
-
total
69
-
205
-
Employer
281
-
1 416
-
pensions

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

31
-
47
-
health
19
-
30
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
unemployment
2
-
3
-
total
55
-
85
-
Corporate
1 164
1 500
-
-
income
116
150
-
-
total
116
150
-
-
Dividends
1 048
1 350
-
-
withholding
52
68
-
-
total
52
68
-
-
Income
1 500
1 500
1 500
1 500
Total tax
292
218
290
340
After tax
1 208
1 282
1 210
1 160
Living cost
212
212
212
212
Free-cash
996
1 070
998
948

Estimated living cost  is $212 per week

$140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$55
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
$998
$1064
$1048
$1120
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
-
-
-
1 500
unemployment
-
-
-
2
health
-
-
-
49
pensions

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

-
-
-
64
income
-
-
-
225
total
-
-
-
340
Employee
214
-
1 416
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
income
21
-
142
-
pensions

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

19
-
38
-
health
10
-
20
-
total
52
-
205
-
Employer
214
-
1 416
-
pensions

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

24
-
47
-
health
15
-
30
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
unemployment
1
-
3
-
total
42
-
85
-
Corporate
1 244
1 500
-
-
income
124
150
-
-
total
124
150
-
-
Dividends
1 120
1 350
-
-
withholding
56
68
-
-
total
56
68
-
-
Income
1 500
1 500
1 500
1 500
Total tax
274
218
290
340
After tax
1 226
1 282
1 210
1 160
Living cost
162
162
162
162
Free-cash
1 064
1 120
1 048
998

Estimated living cost  is $162 per week

$94
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$51
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Larnaca , Cyprus
$767
$745
$751
$810
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
-
-
-
1 500
health
-
-
-
38
social contributions
-
-
-
199
income
-
-
-
211
total
-
-
-
448
Employee
947
947
1 369
-
income
103
88
204
-
social contributions
36
79
106
-
health
7
16
23
-
total
146
183
333
-
Employer
947
947
1 369
-
social contributions
36
79
106
-
health
8
18
25
-
total
44
97
131
-
Corporate
1 025
457
-
-
income
128
57
-
-
total
128
57
-
-
Dividends
897
400
-
-
withholding
152
68
-
-
total
152
68
-
-
Income
1 500
1 500
1 500
1 500
Total tax
470
405
464
448
After tax
1 030
1 095
1 036
1 052
Living cost
285
285
285
285
Free-cash
745
810
751
767

Estimated living cost  is $285 per week

$171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$28
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$80
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
$653
$648
$637
$696
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
-
-
-
1 500
health
-
-
-
38
social contributions
-
-
-
199
income
-
-
-
211
total
-
-
-
448
Employee
947
947
1 369
-
income
99
88
204
-
social contributions
46
79
106
-
health
9
16
23
-
total
154
183
333
-
Employer
947
947
1 369
-
social contributions
46
79
106
-
health
10
18
25
-
total
56
97
131
-
Corporate
889
457
-
-
income
111
57
-
-
total
111
57
-
-
Dividends
778
400
-
-
withholding
132
68
-
-
total
132
68
-
-
Income
1 500
1 500
1 500
1 500
Total tax
453
405
464
448
After tax
1 047
1 095
1 036
1 052
Living cost
399
399
399
399
Free-cash
648
696
637
653

Estimated living cost  is $399 per week

$273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$31
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$88
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Brno , Czech Republic
$469
$646
$476
$748
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
-
-
-
1 500
health
-
-
-
203
social contributions
-
-
-
410
income
-
-
-
133
solidarity contribution
-
-
-
-
total
-
-
-
746
Employee
419
-
1 119
-
income
50
-
134
-
social contributions
27
-
73
-
health
57
-
151
-
solidarity contribution
-
-
-
-
total
134
-
358
-
Employer
419
-
1 119
-
social contributions
105
-
280
-
health
38
-
101
-
total
143
-
381
-
Corporate
939
1 500
-
-
income
178
285
-
-
total
178
285
-
-
Dividends
761
1 215
-
-
withholding
114
182
-
-
total
114
182
-
-
Income
1 500
1 500
1 500
1 500
Total tax
569
467
739
746
After tax
931
1 033
761
754
Living cost
285
285
285
285
Free-cash
646
748
476
469

Estimated living cost  is $285 per week

$198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$61
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
$403
$556
$410
$682
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
-
-
-
1 500
health
-
-
-
203
social contributions
-
-
-
410
income
-
-
-
133
solidarity contribution
-
-
-
-
total
-
-
-
746
Employee
516
-
1 119
-
income
62
-
134
-
social contributions
34
-
73
-
health
70
-
151
-
solidarity contribution
-
-
-
-
total
166
-
358
-
Employer
516
-
1 119
-
social contributions
129
-
280
-
health
46
-
101
-
total
175
-
381
-
Corporate
809
1 500
-
-
income
154
285
-
-
total
154
285
-
-
Dividends
655
1 215
-
-
withholding
98
182
-
-
total
98
182
-
-
Income
1 500
1 500
1 500
1 500
Total tax
593
467
739
746
After tax
907
1 033
761
754
Living cost
351
351
351
351
Free-cash
556
682
410
403

Estimated living cost  is $351 per week

$261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$19
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Copenhagen , Denmark
$320
-$1193
-$1193
-$1193
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
-
-
-
1 500
national
-
-
-
163
pensions
-
-
-
11
municipal
-
-
-
292
labour market
-
-
-
119
total
-
-
-
585
Employee
2 511
2 511
2 511
-
municipal
535
535
535
-
national
307
307
307
-
pensions
4
4
4
-
labour market
201
201
201
-
total
1 047
1 047
1 047
-
Employer
2 511
2 511
2 511
-
pensions
7
7
7
-
labour market
201
201
201
-
municipal
536
536
536
-
national
307
307
307
-
total
1 051
1 051
1 051
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
1 500
1 500
1 500
1 500
Total tax
2 098
2 098
2 098
585
After tax
-598
-598
-598
915
Living cost
595
595
595
595
Free-cash
-1 193
-1 193
-1 193
320

Estimated living cost  is $595 per week

$407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$53
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$9
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
$507
$826
$568
$903
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
-
-
-
1 500
health
-
-
-
195
pensions
-
-
-
300
income
-
-
-
201
total
-
-
-
696
Employee
349
-
1 121
-
unemployment
6
-
18
-
income
39
-
216
-
pensions
7
-
22
-
total
52
-
256
-
Employer
349
-
1 121
-
pensions
70
-
224
-
health
45
-
146
-
unemployment
3
-
9
-
total
118
-
379
-
Corporate
1 033
1 500
-
-
income
207
300
-
-
total
207
300
-
-
Dividends
826
1 200
-
-
total
-
-
-
-
Income
1 500
1 500
1 500
1 500
Total tax
377
300
635
696
After tax
1 123
1 200
865
804
Living cost
297
297
297
297
Free-cash
826
903
568
507

Estimated living cost  is $297 per week

$204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$70
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Helsinki , Finland
$562
$502
$357
$504
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

-
-
-
1 500
national
-
-
-
180
health
-
-
-
18
municipal
-
-
-
267
total
-
-
-
465
Employee
648
-
1 262
-
unemployment
10
-
19
-
municipal
106
-
206
-
national
11
-
108
-
pensions
44
-
85
-
health
5
-
14
-
total
176
-
432
-
Employer
648
-
1 262
-
pensions
112
-
219
-
health
5
-
10
-
accident
1
-
1
-
unemployment
4
-
8
-
total
122
-
238
-
Corporate
730
1 500
-
-
income
146
300
-
-
total
146
300
-
-
Dividends

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

438
900
-
-
municipal
79
162
-
-
national
2
61
-
-
total
81
223
-
-
Income
1 500
1 500
1 500
1 500
Total tax
525
523
670
465
After tax
975
977
830
1 035
Living cost
473
473
473
473
Free-cash
502
504
357
562

Estimated living cost  is $473 per week

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

Additional information

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

Marseille , France
$475
$447
$519
$376
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
-
-
-
1 500
surtax
-
-
-
-
health
-
-
-
43
pensions
-
-
-
331
social contributions
-
-
-
43
income
-
-
-
181
other
-
-
-
47
total
-
-
-
645
Employee
471
-
1 199
-
income
24
-
198
-
surtax
-
-
-
-
social contributions
13
-
34
-
pensions
53
-
67
-
total
90
-
299
-
Employer
471
-
1 199
-
pensions
77
-
116
-
social contributions
1
-
4
-
other
16
-
41
-
health
33
-
92
-
unemployment
19
-
49
-
total
146
-
302
-
Corporate
883
1 500
-
-
income
247
420
-
-
surtax
-
-
-
-
total
247
420
-
-
Dividends
635
1 080
-
-
withholding
81
138
-
-
social contributions
109
186
-
-
surtax
-
-
-
-
total
190
324
-
-
Income
1 500
1 500
1 500
1 500
Total tax
673
744
601
645
After tax
827
756
899
855
Living cost
380
380
380
380
Free-cash
447
376
519
475

Estimated living cost  is $380 per week

$220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$39
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
$434
$408
$478
$335
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 500
surtax
-
-
-
-
health
-
-
-
43
pensions
-
-
-
331
social contributions
-
-
-
43
income
-
-
-
181
other
-
-
-
47
total
-
-
-
645
Employee
527
-
1 199
-
income
31
-
198
-
surtax
-
-
-
-
social contributions
15
-
34
-
pensions
60
-
67
-
total
106
-
299
-
Employer
527
-
1 199
-
pensions
87
-
116
-
social contributions
2
-
4
-
other
18
-
41
-
health
37
-
92
-
unemployment
21
-
49
-
total
165
-
302
-
Corporate
808
1 500
-
-
income
226
420
-
-
surtax
-
-
-
-
total
226
420
-
-
Dividends
582
1 080
-
-
withholding
74
138
-
-
social contributions
100
186
-
-
surtax
-
-
-
-
total
174
324
-
-
Income
1 500
1 500
1 500
1 500
Total tax
671
744
601
645
After tax
829
756
899
855
Living cost
421
421
421
421
Free-cash
408
335
478
434

Estimated living cost  is $421 per week

$266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Paris , France
$260
$246
$304
$161
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
-
-
-
1 500
surtax
-
-
-
-
health
-
-
-
43
pensions
-
-
-
331
social contributions
-
-
-
43
income
-
-
-
181
other
-
-
-
47
total
-
-
-
645
Employee
771
-
1 199
-
income
67
-
198
-
surtax
-
-
-
-
social contributions
22
-
34
-
pensions
87
-
67
-
total
176
-
299
-
Employer
771
-
1 199
-
pensions
127
-
116
-
social contributions
2
-
4
-
other
27
-
41
-
health
54
-
92
-
unemployment
31
-
49
-
total
241
-
302
-
Corporate
488
1 500
-
-
income
137
420
-
-
surtax
-
-
-
-
total
137
420
-
-
Dividends
351
1 080
-
-
withholding
45
138
-
-
social contributions
60
186
-
-
surtax
-
-
-
-
total
105
324
-
-
Income
1 500
1 500
1 500
1 500
Total tax
659
744
601
645
After tax
841
756
899
855
Living cost
595
595
595
595
Free-cash
246
161
304
260

Estimated living cost  is $595 per week

$403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$49
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$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
$1405
$1330
$1120
$1345
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%.

-
-
-
1 500
microenterprise

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

-
-
-
15
total
-
-
-
15
Employee
99
-
1 500
-
income
20
-
300
-
total
20
-
300
-
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%.

1 401
1 500
-
-
total
-
-
-
-
Dividends
1 401
1 500
-
-
withholding
70
75
-
-
total
70
75
-
-
Income
1 500
1 500
1 500
1 500
Total tax
90
75
300
15
After tax
1 410
1 425
1 200
1 485
Living cost
80
80
80
80
Free-cash
1 330
1 345
1 120
1 405

Estimated living cost  is $80 per week

$49
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$7
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$2
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$21
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Tbilisi , Georgia
$1361
$1278
$1076
$1301
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%.

-
-
-
1 500
microenterprise

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

-
-
-
15
total
-
-
-
15
Employee
155
-
1 500
-
income
31
-
300
-
total
31
-
300
-
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%.

1 345
1 500
-
-
total
-
-
-
-
Dividends
1 345
1 500
-
-
withholding
67
75
-
-
total
67
75
-
-
Income
1 500
1 500
1 500
1 500
Total tax
98
75
300
15
After tax
1 402
1 425
1 200
1 485
Living cost
124
124
124
124
Free-cash
1 278
1 301
1 076
1 361

Estimated living cost  is $124 per week

$84
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$5
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$31
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
$398
$461
$531
$299
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.

-
-
-
1 500
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.

-
-
-
21
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.

-
-
-
389
trade
-
-
-
133
total
-
-
-
627
Employee

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

613
-
1 500
-
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
-
389
-
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
-
21
-
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
-
494
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
887
1 500
-
-
trade
127
215
-
-
income
133
225
-
-
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
456
-
-
Dividends
616
1 043
-
-
withholding
149
256
-
-
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
157
270
-
-
Income
1 500
1 500
1 500
1 500
Total tax
564
726
494
627
After tax
936
774
1 006
873
Living cost
475
475
475
475
Free-cash
461
299
531
398

Estimated living cost  is $475 per week

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

Additional information

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

Dresden , Germany
$487
$523
$633
$385
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.

-
-
-
1 500
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.

-
-
-
21
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.

-
-
-
389
trade
-
-
-
146
total
-
-
-
640
Employee

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

471
-
1 500
-
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
-
389
-
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
-
21
-
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
-
494
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 029
1 500
-
-
trade
162
236
-
-
income
154
225
-
-
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
327
477
-
-
Dividends
701
1 022
-
-
withholding
170
251
-
-
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
14
-
-
total
179
265
-
-
Income
1 500
1 500
1 500
1 500
Total tax
604
742
494
640
After tax
896
758
1 006
860
Living cost
373
373
373
373
Free-cash
523
385
633
487

Estimated living cost  is $373 per week

$235
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$43
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$88
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Hamburg , Germany
$369
$439
$522
$266
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.

-
-
-
1 500
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.

-
-
-
21
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.

-
-
-
389
trade
-
-
-
153
total
-
-
-
647
Employee

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

625
-
1 500
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

54
-
389
-
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
-
21
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

84
-
84
-
total
141
-
494
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
875
1 500
-
-
trade
144
247
-
-
income
131
225
-
-
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
285
488
-
-
Dividends
590
1 012
-
-
withholding
143
248
-
-
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
151
262
-
-
Income
1 500
1 500
1 500
1 500
Total tax
577
750
494
647
After tax
923
750
1 006
853
Living cost
484
484
484
484
Free-cash
439
266
522
369

Estimated living cost  is $484 per week

$324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$51
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Munich , Germany
$283
$378
$442
$178
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.

-
-
-
1 500
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.

-
-
-
21
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.

-
-
-
389
trade
-
-
-
159
total
-
-
-
653
Employee

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

740
-
1 500
-
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
-
389
-
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
-
21
-
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
-
494
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
760
1 500
-
-
trade
130
257
-
-
income
114
225
-
-
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
253
498
-
-
Dividends
506
1 001
-
-
withholding
122
246
-
-
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
14
-
-
total
129
260
-
-
Income
1 500
1 500
1 500
1 500
Total tax
558
758
494
653
After tax
942
742
1 006
847
Living cost
564
564
564
564
Free-cash
378
178
442
283

Estimated living cost  is $564 per week

$412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$45
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Athens , Greece
$452
$627
$429
$667
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
-
-
-
1 500
surtax
-
-
-
43
unemployment
-
-
-
3
health
-
-
-
107
pensions
-
-
-
300
income
-
-
-
318
other
-
-
-
-
total
-
-
-
771
Employee
415
-
1 239
-
unemployment
29
-
86
-
other
-
-
-
-
income
70
-
294
-
surtax
1
-
39
-
pensions
28
-
83
-
health
11
-
32
-
total
139
-
534
-
Employer
415
-
1 239
-
pensions
55
-
165
-
other
-
-
-
-
health
19
-
56
-
unemployment
13
-
39
-
total
87
-
260
-
Corporate
998
1 500
-
-
income
259
390
-
-
total
259
390
-
-
Dividends
738
1 110
-
-
withholding
111
166
-
-
total
111
166
-
-
Income
1 500
1 500
1 500
1 500
Total tax
596
556
794
771
After tax
904
944
706
729
Living cost
277
277
277
277
Free-cash
627
667
429
452

Estimated living cost  is $277 per week

$167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$24
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$79
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Thessaloniki , Greece
$457
$634
$434
$672
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
-
-
-
1 500
surtax
-
-
-
43
unemployment
-
-
-
3
health
-
-
-
107
pensions
-
-
-
300
income
-
-
-
318
other
-
-
-
-
total
-
-
-
771
Employee
407
-
1 239
-
unemployment
28
-
86
-
other
-
-
-
-
income
68
-
294
-
surtax
1
-
39
-
pensions
27
-
83
-
health
10
-
32
-
total
134
-
534
-
Employer
407
-
1 239
-
pensions
54
-
165
-
other
-
-
-
-
health
19
-
56
-
unemployment
13
-
39
-
total
86
-
260
-
Corporate
1 007
1 500
-
-
income
262
390
-
-
total
262
390
-
-
Dividends
745
1 110
-
-
withholding
112
166
-
-
total
112
166
-
-
Income
1 500
1 500
1 500
1 500
Total tax
594
556
794
771
After tax
906
944
706
729
Living cost
272
272
272
272
Free-cash
634
672
434
457

Estimated living cost  is $272 per week

$166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$74
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Budapest , Hungary
$794
$605
$624
$600
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
-
-
-
1 500
unemployment
-
-
-
23
health
-
-
-
105
pensions
-
-
-
150
income
-
-
-
183
total
-
-
-
461
Employee

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

The minimum wage is 138,000 HUF per month.

354
141
1 255
-
unemployment
5
2
19
-
income
43
17
153
-
pensions
35
14
126
-
health
25
10
88
-
total
108
43
386
-
Employer

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

The minimum wage is 138,000 HUF per month.

354
141
1 255
-
pensions
69
27
245
-
total
69
27
245
-
Corporate
1 077
1 332
-
-
income
97
120
-
-
total
97
120
-
-
Dividends
980
1 212
-
-
withholding
186
230
-
-
social contributions
190
235
-
-
total
376
465
-
-
Income
1 500
1 500
1 500
1 500
Total tax
650
655
631
461
After tax
850
845
869
1 039
Living cost
245
245
245
245
Free-cash
605
600
624
794

Estimated living cost  is $245 per week

$167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$53
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
$300
$330
$311
$340
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
-
-
-
1 500
national
-
-
-
248
pensions
-
-
-
180
social contributions
-
-
-
16
municipal
-
-
-
160
total
-
-
-
604
Employee
925
-
1 297
-
municipal
114
-
166
-
national
177
-
257
-
pensions
37
-
52
-
total
328
-
475
-
Employer
925
-
1 297
-
pensions
74
-
104
-
social contributions
10
-
14
-
total
84
-
118
-
Corporate
431
1 500
-
-
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%.

86
300
-
-
total
86
300
-
-
Dividends
344
1 200
-
-
withholding
76
264
-
-
total
76
264
-
-
Income
1 500
1 500
1 500
1 500
Total tax
574
564
593
604
After tax
926
936
907
896
Living cost
596
596
596
596
Free-cash
330
340
311
300

Estimated living cost  is $596 per week

$405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$55
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$9
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Dublin , Ireland
$263
$375
$263
$347
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
-
-
-
1 500
social contributions
-
-
-
139
income
-
-
-
396
total
-
-
-
535
Employee
963
-
1 500
-
social contributions
80
-
139
-
income
182
-
396
-
total
262
-
535
-
Employer
963
-
1 500
-
total
-
-
-
-
Corporate
537
1 500
-
-
income
67
188
-
-
total
67
188
-
-
Dividends
470
1 312
-
-
withholding
94
263
-
-
total
94
263
-
-
Income
1 500
1 500
1 500
1 500
Total tax
423
451
535
535
After tax
1 077
1 049
965
965
Living cost
702
702
702
702
Free-cash
375
347
263
263

Estimated living cost  is $702 per week

$534
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$57
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Milan , Italy
$231
$216
$159
$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
-
-
-
1 500
national
-
-
-
337
regional
-
-
-
17
social contributions
-
-
-
386
municipal
-
-
-
9
total
-
-
-
749
Employee
1 095
-
1 500
-
municipal
6
-
8
-
national
190
-
292
-
social contributions
369
-
506
-
regional
10
-
15
-
total
575
-
821
-
Employer
1 095
-
1 500
-
total
-
-
-
-
Corporate
405
1 500
-
-
nationa
97
360
-
-
municipal
16
58
-
-
total
113
418
-
-
Dividends
292
1 082
-
-
withholding
76
281
-
-
total
76
281
-
-
Income
1 500
1 500
1 500
1 500
Total tax
764
699
821
749
After tax
736
801
679
751
Living cost
520
520
520
520
Free-cash
216
281
159
231

Estimated living cost  is $520 per week

$362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Naples , Italy
$413
$429
$342
$456
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
-
-
-
1 500
national
-
-
-
337
regional
-
-
-
23
social contributions
-
-
-
386
municipal
-
-
-
9
total
-
-
-
755
Employee
683
-
1 500
-
municipal
4
-
8
-
national
108
-
292
-
social contributions
230
-
506
-
regional
9
-
20
-
total
351
-
826
-
Employer
683
-
1 500
-
total
-
-
-
-
Corporate
817
1 500
-
-
nationa
196
360
-
-
municipal
41
75
-
-
total
237
435
-
-
Dividends
580
1 065
-
-
withholding
151
277
-
-
total
151
277
-
-
Income
1 500
1 500
1 500
1 500
Total tax
739
712
826
755
After tax
761
788
674
745
Living cost
332
332
332
332
Free-cash
429
456
342
413

Estimated living cost  is $332 per week

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