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
$ 1550
per

Your estimated
City
free-cash

Andorra , Andorra
$794
$985
$836
$1027
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
-
-
-
1 550
social contributions
-
-
-
341
income
-
-
-
47
total
-
-
-
388
Employee
394
-
1 342
-
social contributions
26
-
87
-
income
-
-
51
-
total
26
-
138
-
Employer
394
-
1 342
-
social contributions
61
-
208
-
total
61
-
208
-
Corporate
1 095
1 550
-
-
income
110
155
-
-
total
110
155
-
-
Dividends
986
1 395
-
-
total
-
-
-
-
Income
1 550
1 550
1 550
1 550
Total tax
197
155
346
388
After tax
1 353
1 395
1 204
1 162
Living cost
368
368
368
368
Free-cash
985
1 027
836
794

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
$388
$468
$37
$474
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
-
-
-
1 550
surtax
-
-
-
-
unemployment
-
-
-
75
health
-
-
-
109
chamber of commerce
-
-
-
6
pensions
-
-
-
265
income
-
-
-
316
total
-
-
-
771
Employee
535
488
1 204
-
unemployment
16
15
36
-
other
5
5
12
-
income
48
36
268
-
pensions
55
50
123
-
health
21
19
47
-
total
145
125
486
-
Employer
535
488
1 204
-
pensions
67
61
151
-
surtax
-
-
-
-
payroll
16
15
36
-
other
25
23
57
-
health
20
18
46
-
accident
7
6
16
-
unemployment
16
15
36
-
chamber of commerce
2
2
5
-
total
153
140
347
-
Corporate
861
922
1 157
-
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.

215
230
289
-
total
215
230
289
-
Dividends
646
691
-
-
withholding
178
190
-
-
total
178
190
-
-
Income
1 550
1 550
1 550
1 550
Total tax
691
685
1 122
771
After tax
859
865
428
779
Living cost
391
391
391
391
Free-cash
468
474
37
388

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
$346
$414
-$3
$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
-
-
-
1 550
surtax
-
-
-
2
unemployment
-
-
-
75
health
-
-
-
109
chamber of commerce
-
-
-
6
pensions
-
-
-
265
income
-
-
-
316
total
-
-
-
773
Employee
612
488
1 202
-
unemployment
18
15
36
-
other
6
5
12
-
income
70
36
267
-
pensions
63
50
123
-
health
24
19
47
-
total
181
125
485
-
Employer
612
488
1 202
-
pensions
77
61
151
-
surtax
2
2
2
-
payroll
18
15
36
-
other
29
23
57
-
health
23
18
45
-
accident
8
6
16
-
unemployment
18
15
36
-
chamber of commerce
2
2
5
-
total
177
142
348
-
Corporate
760
919
1 155
-
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
230
289
-
total
190
230
289
-
Dividends
570
690
-
-
withholding
157
190
-
-
total
157
190
-
-
Income
1 550
1 550
1 550
1 550
Total tax
705
687
1 122
773
After tax
845
863
428
777
Living cost
431
431
431
431
Free-cash
414
432
-3
346

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
$249
$237
$134
$422
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
-
-
-
1 550
national
-
-
-
531
communal

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

-
-
-
78
social contributions
-
-
-
246
total
-
-
-
855
Employee

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

876
-
1 201
-
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
-
401
-
communal

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

46
-
63
-
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
-
90
-
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
-
56
-
total
430
-
620
-
Employer

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

876
-
1 201
-
surtax
99
-
136
-
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
-
106
-
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
-
74
-
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
-
16
-
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
-
18
-
total
255
-
350
-
Corporate
420
1 550
-
-
income
84
310
-
-
surtax
2
6
-
-
total
86
316
-
-
Dividends
334
1 234
-
-
withholding

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

96
366
-
-
total
96
366
-
-
Income
1 550
1 550
1 550
1 550
Total tax
867
682
970
855
After tax
683
868
580
695
Living cost
446
446
446
446
Free-cash
237
422
134
249

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
$993
$1038
$1044
$1114
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
-
-
-
1 550
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
-
-
-
232
total
-
-
-
346
Employee
279
-
1 466
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
income
28
-
147
-
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
-
210
-
Employer
279
-
1 466
-
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
1 216
1 550
-
-
income
122
155
-
-
total
122
155
-
-
Dividends
1 094
1 395
-
-
withholding
55
70
-
-
total
55
70
-
-
Income
1 550
1 550
1 550
1 550
Total tax
301
225
295
346
After tax
1 249
1 325
1 255
1 204
Living cost
211
211
211
211
Free-cash
1 038
1 114
1 044
993

Estimated living cost  is $211 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
$1043
$1108
$1094
$1164
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
-
-
-
1 550
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
-
-
-
232
total
-
-
-
346
Employee
213
-
1 466
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
income
21
-
147
-
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
-
210
-
Employer
213
-
1 466
-
pensions

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

23
-
47
-
health
15
-
30
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
unemployment
1
-
3
-
total
41
-
85
-
Corporate
1 295
1 550
-
-
income
130
155
-
-
total
130
155
-
-
Dividends
1 166
1 395
-
-
withholding
58
70
-
-
total
58
70
-
-
Income
1 550
1 550
1 550
1 550
Total tax
281
225
295
346
After tax
1 269
1 325
1 255
1 204
Living cost
161
161
161
161
Free-cash
1 108
1 164
1 094
1 043

Estimated living cost  is $161 per week

$94
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$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
$802
$783
$787
$851
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
-
-
-
1 550
health
-
-
-
40
social contributions
-
-
-
198
income
-
-
-
227
total
-
-
-
465
Employee
941
941
1 418
-
income
102
87
220
-
social contributions
36
78
105
-
health
7
16
24
-
total
145
181
349
-
Employer
941
941
1 418
-
social contributions
36
78
105
-
health
8
17
26
-
total
44
95
131
-
Corporate
1 078
513
-
-
income
135
64
-
-
total
135
64
-
-
Dividends
943
449
-
-
withholding
160
76
-
-
total
160
76
-
-
Income
1 550
1 550
1 550
1 550
Total tax
484
416
480
465
After tax
1 066
1 134
1 070
1 085
Living cost
283
283
283
283
Free-cash
783
851
787
802

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
$688
$685
$673
$737
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
-
-
-
1 550
health
-
-
-
40
social contributions
-
-
-
198
income
-
-
-
227
total
-
-
-
465
Employee
941
941
1 418
-
income
99
87
220
-
social contributions
46
78
105
-
health
9
16
24
-
total
154
181
349
-
Employer
941
941
1 418
-
social contributions
46
78
105
-
health
10
17
26
-
total
56
95
131
-
Corporate
943
513
-
-
income
118
64
-
-
total
118
64
-
-
Dividends
825
449
-
-
withholding
140
76
-
-
total
140
76
-
-
Income
1 550
1 550
1 550
1 550
Total tax
468
416
480
465
After tax
1 082
1 134
1 070
1 085
Living cost
397
397
397
397
Free-cash
685
737
673
688

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
$511
$683
$504
$784
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
-
-
-
1 550
health
-
-
-
209
social contributions
-
-
-
407
income
-
-
-
140
solidarity contribution
-
-
-
-
total
-
-
-
756
Employee
416
-
1 157
-
income
50
-
139
-
social contributions
27
-
75
-
health
56
-
156
-
solidarity contribution
-
-
-
-
total
133
-
370
-
Employer
416
-
1 157
-
social contributions
104
-
289
-
health
37
-
104
-
total
141
-
393
-
Corporate
993
1 550
-
-
income
189
295
-
-
total
189
295
-
-
Dividends
804
1 255
-
-
withholding
121
188
-
-
total
121
188
-
-
Income
1 550
1 550
1 550
1 550
Total tax
584
483
763
756
After tax
966
1 067
787
794
Living cost
283
283
283
283
Free-cash
683
784
504
511

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
$446
$596
$439
$719
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
-
-
-
1 550
health
-
-
-
209
social contributions
-
-
-
407
income
-
-
-
140
solidarity contribution
-
-
-
-
total
-
-
-
756
Employee
512
-
1 157
-
income
61
-
139
-
social contributions
33
-
75
-
health
69
-
156
-
solidarity contribution
-
-
-
-
total
163
-
370
-
Employer
512
-
1 157
-
social contributions
128
-
289
-
health
46
-
104
-
total
174
-
393
-
Corporate
864
1 550
-
-
income
164
295
-
-
total
164
295
-
-
Dividends
700
1 255
-
-
withholding
105
188
-
-
total
105
188
-
-
Income
1 550
1 550
1 550
1 550
Total tax
606
483
763
756
After tax
944
1 067
787
794
Living cost
348
348
348
348
Free-cash
596
719
439
446

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
$351
-$1124
-$1124
-$1124
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
-
-
-
1 550
national
-
-
-
169
pensions
-
-
-
11
municipal
-
-
-
305
labour market
-
-
-
123
total
-
-
-
608
Employee
2 495
2 495
2 495
-
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
2 495
2 495
2 495
-
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
1 550
1 550
1 550
1 550
Total tax
2 083
2 083
2 083
608
After tax
-533
-533
-533
942
Living cost
591
591
591
591
Free-cash
-1 124
-1 124
-1 124
351

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
$535
$868
$597
$944
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
-
-
-
1 550
health
-
-
-
201
pensions
-
-
-
310
income
-
-
-
208
total
-
-
-
719
Employee
347
-
1 158
-
unemployment
6
-
19
-
income
39
-
223
-
pensions
7
-
23
-
total
52
-
265
-
Employer
347
-
1 158
-
pensions
69
-
232
-
health
45
-
151
-
unemployment
3
-
9
-
total
117
-
392
-
Corporate
1 085
1 550
-
-
income
217
310
-
-
total
217
310
-
-
Dividends
868
1 240
-
-
total
-
-
-
-
Income
1 550
1 550
1 550
1 550
Total tax
386
310
657
719
After tax
1 164
1 240
893
831
Living cost
296
296
296
296
Free-cash
868
944
597
535

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
$594
$538
$382
$536
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

-
-
-
1 550
national
-
-
-
191
health
-
-
-
19
municipal
-
-
-
276
total
-
-
-
486
Employee
644
-
1 304
-
unemployment
10
-
20
-
municipal
105
-
213
-
national
11
-
117
-
pensions
43
-
88
-
health
5
-
15
-
total
174
-
453
-
Employer
644
-
1 304
-
pensions
112
-
226
-
health
5
-
10
-
accident
1
-
1
-
unemployment
4
-
8
-
total
122
-
245
-
Corporate
784
1 550
-
-
income
157
310
-
-
total
157
310
-
-
Dividends

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

471
930
-
-
municipal
85
167
-
-
national
4
67
-
-
total
89
234
-
-
Income
1 550
1 550
1 550
1 550
Total tax
542
544
698
486
After tax
1 008
1 006
852
1 064
Living cost
470
470
470
470
Free-cash
538
536
382
594

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
$506
$473
$542
$404
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
-
-
-
1 550
surtax
-
-
-
-
health
-
-
-
47
pensions
-
-
-
334
social contributions
-
-
-
44
income
-
-
-
194
other
-
-
-
48
total
-
-
-
667
Employee
468
-
1 234
-
income
24
-
209
-
surtax
-
-
-
-
social contributions
13
-
35
-
pensions
53
-
71
-
total
90
-
315
-
Employer
468
-
1 234
-
pensions
77
-
122
-
social contributions
1
-
4
-
other
16
-
43
-
health
33
-
97
-
unemployment
19
-
50
-
total
146
-
316
-
Corporate
936
1 550
-
-
income
262
434
-
-
surtax
-
-
-
-
total
262
434
-
-
Dividends
674
1 116
-
-
withholding
86
143
-
-
social contributions
116
192
-
-
surtax
-
-
-
-
total
202
335
-
-
Income
1 550
1 550
1 550
1 550
Total tax
700
769
631
667
After tax
850
781
919
883
Living cost
377
377
377
377
Free-cash
473
404
542
506

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
$464
$435
$500
$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
-
-
-
1 550
surtax
-
-
-
-
health
-
-
-
47
pensions
-
-
-
334
social contributions
-
-
-
44
income
-
-
-
194
other
-
-
-
48
total
-
-
-
667
Employee
524
-
1 234
-
income
31
-
209
-
surtax
-
-
-
-
social contributions
15
-
35
-
pensions
59
-
71
-
total
105
-
315
-
Employer
524
-
1 234
-
pensions
86
-
122
-
social contributions
2
-
4
-
other
18
-
43
-
health
37
-
97
-
unemployment
21
-
50
-
total
164
-
316
-
Corporate
862
1 550
-
-
income
241
434
-
-
surtax
-
-
-
-
total
241
434
-
-
Dividends
621
1 116
-
-
withholding
79
143
-
-
social contributions
107
192
-
-
surtax
-
-
-
-
total
186
335
-
-
Income
1 550
1 550
1 550
1 550
Total tax
696
769
631
667
After tax
854
781
919
883
Living cost
419
419
419
419
Free-cash
435
362
500
464

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
$292
$275
$328
$190
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
-
-
-
1 550
surtax
-
-
-
-
health
-
-
-
47
pensions
-
-
-
334
social contributions
-
-
-
44
income
-
-
-
194
other
-
-
-
48
total
-
-
-
667
Employee
767
-
1 234
-
income
67
-
209
-
surtax
-
-
-
-
social contributions
22
-
35
-
pensions
87
-
71
-
total
176
-
315
-
Employer
767
-
1 234
-
pensions
126
-
122
-
social contributions
2
-
4
-
other
26
-
43
-
health
54
-
97
-
unemployment
31
-
50
-
total
239
-
316
-
Corporate
544
1 550
-
-
income
152
434
-
-
surtax
-
-
-
-
total
152
434
-
-
Dividends
392
1 116
-
-
withholding
50
143
-
-
social contributions
67
192
-
-
surtax
-
-
-
-
total
117
335
-
-
Income
1 550
1 550
1 550
1 550
Total tax
684
769
631
667
After tax
866
781
919
883
Living cost
591
591
591
591
Free-cash
275
190
328
292

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
$1455
$1378
$1161
$1393
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%.

-
-
-
1 550
microenterprise

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

-
-
-
16
total
-
-
-
16
Employee
99
-
1 550
-
income
20
-
310
-
total
20
-
310
-
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%.

1 451
1 550
-
-
total
-
-
-
-
Dividends
1 451
1 550
-
-
withholding
73
78
-
-
total
73
78
-
-
Income
1 550
1 550
1 550
1 550
Total tax
93
78
310
16
After tax
1 457
1 472
1 240
1 534
Living cost
79
79
79
79
Free-cash
1 378
1 393
1 161
1 455

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
$1411
$1326
$1117
$1349
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%.

-
-
-
1 550
microenterprise

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

-
-
-
16
total
-
-
-
16
Employee
154
-
1 550
-
income
31
-
310
-
total
31
-
310
-
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%.

1 396
1 550
-
-
total
-
-
-
-
Dividends
1 396
1 550
-
-
withholding
70
78
-
-
total
70
78
-
-
Income
1 550
1 550
1 550
1 550
Total tax
101
78
310
16
After tax
1 449
1 472
1 240
1 534
Living cost
123
123
123
123
Free-cash
1 326
1 349
1 117
1 411

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
$417
$485
$558
$325
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
1 550
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.

-
-
-
23
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.

-
-
-
412
trade
-
-
-
141
total
-
-
-
660
Employee

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

609
-
1 550
-
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
-
412
-
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
-
23
-
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
-
519
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
941
1 550
-
-
trade
135
222
-
-
income
141
233
-
-
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
13
-
-
total
287
472
-
-
Dividends
654
1 078
-
-
withholding
159
265
-
-
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
15
-
-
total
168
280
-
-
Income
1 550
1 550
1 550
1 550
Total tax
592
752
519
660
After tax
958
798
1 031
890
Living cost
473
473
473
473
Free-cash
485
325
558
417

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
$506
$547
$660
$412
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.

-
-
-
1 550
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.

-
-
-
23
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.

-
-
-
412
trade
-
-
-
154
total
-
-
-
673
Employee

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

468
-
1 550
-
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
-
412
-
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
-
23
-
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
-
519
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 082
1 550
-
-
trade
170
244
-
-
income
162
233
-
-
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.

9
13
-
-
total
344
494
-
-
Dividends
737
1 057
-
-
withholding
180
259
-
-
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.

10
14
-
-
total
190
273
-
-
Income
1 550
1 550
1 550
1 550
Total tax
632
767
519
673
After tax
918
783
1 031
877
Living cost
371
371
371
371
Free-cash
547
412
660
506

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
$389
$466
$550
$293
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
1 550
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.

-
-
-
23
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.

-
-
-
412
trade
-
-
-
161
total
-
-
-
680
Employee

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

621
-
1 550
-
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
-
412
-
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
-
23
-
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
-
519
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
929
1 550
-
-
trade
153
255
-
-
income
139
233
-
-
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
13
-
-
total
303
505
-
-
Dividends
626
1 046
-
-
withholding
152
257
-
-
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
160
271
-
-
Income
1 550
1 550
1 550
1 550
Total tax
603
776
519
680
After tax
947
774
1 031
870
Living cost
481
481
481
481
Free-cash
466
293
550
389

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
$302
$403
$470
$205
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.

-
-
-
1 550
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.

-
-
-
23
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.

-
-
-
412
trade
-
-
-
168
total
-
-
-
687
Employee

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

736
-
1 550
-
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
-
412
-
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
-
23
-
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
-
519
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
814
1 550
-
-
trade
140
266
-
-
income
122
233
-
-
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
13
-
-
total
272
516
-
-
Dividends
543
1 035
-
-
withholding
131
254
-
-
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
138
268
-
-
Income
1 550
1 550
1 550
1 550
Total tax
586
784
519
687
After tax
964
766
1 031
863
Living cost
561
561
561
561
Free-cash
403
205
470
302

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
$471
$660
$445
$700
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
-
-
-
1 550
surtax
-
-
-
46
unemployment
-
-
-
3
health
-
-
-
110
pensions
-
-
-
310
income
-
-
-
335
other
-
-
-
-
total
-
-
-
804
Employee
412
-
1 280
-
unemployment
29
-
89
-
other
-
-
-
-
income
69
-
311
-
surtax
1
-
42
-
pensions
28
-
85
-
health
11
-
33
-
total
138
-
560
-
Employer
412
-
1 280
-
pensions
55
-
171
-
other
-
-
-
-
health
19
-
58
-
unemployment
13
-
41
-
total
87
-
270
-
Corporate
1 051
1 550
-
-
income
273
403
-
-
total
273
403
-
-
Dividends
778
1 147
-
-
withholding
117
172
-
-
total
117
172
-
-
Income
1 550
1 550
1 550
1 550
Total tax
615
575
830
804
After tax
935
975
720
746
Living cost
275
275
275
275
Free-cash
660
700
445
471

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
$476
$667
$450
$705
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
-
-
-
1 550
surtax
-
-
-
46
unemployment
-
-
-
3
health
-
-
-
110
pensions
-
-
-
310
income
-
-
-
335
other
-
-
-
-
total
-
-
-
804
Employee
405
-
1 280
-
unemployment
28
-
89
-
other
-
-
-
-
income
68
-
311
-
surtax
1
-
42
-
pensions
27
-
85
-
health
10
-
33
-
total
134
-
560
-
Employer
405
-
1 280
-
pensions
54
-
171
-
other
-
-
-
-
health
18
-
58
-
unemployment
13
-
41
-
total
85
-
270
-
Corporate
1 060
1 550
-
-
income
276
403
-
-
total
276
403
-
-
Dividends
784
1 147
-
-
withholding
118
172
-
-
total
118
172
-
-
Income
1 550
1 550
1 550
1 550
Total tax
613
575
830
804
After tax
937
975
720
746
Living cost
270
270
270
270
Free-cash
667
705
450
476

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
$831
$634
$655
$630
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
-
-
-
1 550
unemployment
-
-
-
23
health
-
-
-
109
pensions
-
-
-
155
income
-
-
-
189
total
-
-
-
476
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
1 297
-
unemployment
5
2
19
-
income
43
17
159
-
pensions
35
14
130
-
health
25
10
91
-
total
108
43
399
-
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
1 297
-
pensions
68
27
253
-
total
68
27
253
-
Corporate
1 131
1 383
-
-
income
102
124
-
-
total
102
124
-
-
Dividends
1 029
1 259
-
-
withholding
196
239
-
-
social contributions
199
244
-
-
total
395
483
-
-
Income
1 550
1 550
1 550
1 550
Total tax
673
677
652
476
After tax
877
873
898
1 074
Living cost
243
243
243
243
Free-cash
634
630
655
831

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
$330
$365
$343
$374
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
-
-
-
1 550
national
-
-
-
258
pensions
-
-
-
186
social contributions
-
-
-
17
municipal
-
-
-
166
total
-
-
-
627
Employee
919
-
1 340
-
municipal
113
-
172
-
national
176
-
267
-
pensions
37
-
54
-
total
326
-
493
-
Employer
919
-
1 340
-
pensions
73
-
107
-
social contributions
10
-
14
-
total
83
-
121
-
Corporate
487
1 550
-
-
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%.

97
310
-
-
total
97
310
-
-
Dividends
390
1 240
-
-
withholding
86
273
-
-
total
86
273
-
-
Income
1 550
1 550
1 550
1 550
Total tax
592
583
614
627
After tax
958
967
936
923
Living cost
593
593
593
593
Free-cash
365
374
343
330

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
$290
$414
$290
$388
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
-
-
-
1 550
social contributions
-
-
-
145
income
-
-
-
418
total
-
-
-
563
Employee
958
-
1 550
-
social contributions
80
-
145
-
income
181
-
418
-
total
261
-
563
-
Employer
958
-
1 550
-
total
-
-
-
-
Corporate
592
1 550
-
-
income
74
194
-
-
total
74
194
-
-
Dividends
518
1 356
-
-
withholding
104
271
-
-
total
104
271
-
-
Income
1 550
1 550
1 550
1 550
Total tax
439
465
563
563
After tax
1 111
1 085
987
987
Living cost
697
697
697
697
Free-cash
414
388
290
290

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
$255
$245
$181
$310
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
-
-
-
1 550
national
-
-
-
352
regional
-
-
-
18
social contributions
-
-
-
399
municipal
-
-
-
9
total
-
-
-
778
Employee
1 088
-
1 550
-
municipal
6
-
8
-
national
189
-
305
-
social contributions
367
-
523
-
regional
10
-
16
-
total
572
-
852
-
Employer
1 088
-
1 550
-
total
-
-
-
-
Corporate
462
1 550
-
-
nationa
111
372
-
-
municipal
18
60
-
-
total
129
432
-
-
Dividends
333
1 118
-
-
withholding
87
291
-
-
total
87
291
-
-
Income
1 550
1 550
1 550
1 550
Total tax
788
723
852
778
After tax
762
827
698
772
Living cost
517
517
517
517
Free-cash
245
310
181
255

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
$437
$457
$363
$485
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
-
-
-
1 550
national
-
-
-
352
regional
-
-
-
23
social contributions
-
-
-
399
municipal
-
-
-
9
total
-
-
-
783
Employee
679
-
1 550
-
municipal
4
-
8
-
national
108
-
305
-
social contributions
229
-
523
-
regional
9
-
21
-
total
350
-
857
-
Employer
679
-
1 550
-
total
-
-
-
-
Corporate
871
1 550
-
-
nationa
209
372
-
-
municipal
43
77
-
-
total
252
449
-
-
Dividends
619
1 101
-
-
withholding
161
286
-
-
total
161
286
-
-
Income
1 550
1 550
1 550
1 550
Total tax
763
735
857
783
After tax
787
815
693
767
Living cost
330
330
330
330
Free-cash
457
485
363
437

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