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
$ 1650
per

Your estimated
City
free-cash

Andorra , Andorra
$1130
$919
$875
$1090
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
-
-
-
1 650
social contributions
-
-
-
363
income
-
-
-
57
total
-
-
-
420
Employee
379
-
1 429
-
social contributions
25
-
93
-
income
-
-
62
-
total
25
-
155
-
Employer
379
-
1 429
-
social contributions
59
-
221
-
total
59
-
221
-
Corporate
1 212
1 650
-
-
income
121
165
-
-
total
121
165
-
-
Dividends
1 091
1 485
-
-
total
-
-
-
-
Income
1 650
1 650
1 650
1 650
Total tax
205
165
376
420
After tax
1 445
1 485
1 274
1 230
Living cost
355
355
355
355
Free-cash
1 090
1 130
919
875

Estimated living cost  is $355 per week

$229
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$27
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.
$92
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
$542
$64
$464
$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
-
-
-
1 650
chamber of commerce
-
-
-
7
unemployment
-
-
-
72
health
-
-
-
105
pensions
-
-
-
255
income
-
-
-
370
surtax
-
-
-
-
total
-
-
-
809
Employee
516
470
1 281
-
health
20
18
50
-
pensions
53
48
131
-
other
5
5
13
-
unemployment
15
14
38
-
income
46
35
300
-
total
139
120
532
-
Employer
516
470
1 281
-
pensions
65
59
161
-
accident
7
6
17
-
unemployment
15
14
38
-
surtax
-
-
-
-
payroll
15
14
38
-
chamber of commerce
2
2
5
-
health
20
18
48
-
other
25
22
61
-
total
149
135
368
-
Corporate
986
1 044
1 236
-
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.

246
261
309
-
total
246
261
309
-
Dividends
739
783
-
-
withholding
203
215
-
-
total
203
215
-
-
Income
1 650
1 650
1 650
1 650
Total tax
737
731
1 209
809
After tax
913
919
441
841
Living cost
377
377
377
377
Free-cash
536
542
64
464

Estimated living cost  is $377 per week

$226
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.
$105
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
$502
$24
$423
$483
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
-
-
-
1 650
chamber of commerce
-
-
-
7
unemployment
-
-
-
72
health
-
-
-
105
pensions
-
-
-
255
income
-
-
-
370
surtax
-
-
-
2
total
-
-
-
811
Employee
590
470
1 279
-
health
23
18
50
-
pensions
60
48
131
-
other
6
5
13
-
unemployment
18
14
38
-
income
67
35
299
-
total
174
120
531
-
Employer
590
470
1 279
-
pensions
74
59
161
-
accident
8
6
17
-
unemployment
18
14
38
-
surtax
2
2
2
-
payroll
18
14
38
-
chamber of commerce
2
2
5
-
health
22
18
48
-
other
28
22
61
-
total
172
137
370
-
Corporate
888
1 042
1 235
-
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.

222
260
309
-
total
222
260
309
-
Dividends
666
781
-
-
withholding
183
215
-
-
total
183
215
-
-
Income
1 650
1 650
1 650
1 650
Total tax
751
732
1 210
811
After tax
899
918
440
839
Living cost
416
416
416
416
Free-cash
483
502
24
423

Estimated living cost  is $416 per week

$277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$35
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

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
$493
$174
$298
$317
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
-
-
-
1 650
social contributions
-
-
-
260
communal

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

-
-
-
83
national
-
-
-
579
total
-
-
-
922
Employee

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

844
-
1 278
-
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.

40
-
60
-
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.

63
-
96
-
communal

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

44
-
67
-
national
260
-
439
-
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.

7
-
11
-
total
414
-
673
-
Employer

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

844
-
1 278
-
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
-
17
-
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.

12
-
19
-
surtax
96
-
145
-
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.

52
-
79
-
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.

75
-
113
-
total
246
-
373
-
Corporate
560
1 650
-
-
surtax
2
7
-
-
income
112
330
-
-
total
114
337
-
-
Dividends
446
1 313
-
-
withholding

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

129
390
-
-
total
129
390
-
-
Income
1 650
1 650
1 650
1 650
Total tax
903
727
1 046
922
After tax
747
923
604
728
Living cost
430
430
430
430
Free-cash
317
493
174
298

Estimated living cost  is $430 per week

$277
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.
$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
Sofia , Bulgaria
$1208
$1150
$1089
$1134
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
-
-
-
1 650
unemployment
-
-
-
2
health
-
-
-
47
pensions

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

-
-
-
61
income
-
-
-
248
total
-
-
-
358
Employee
269
-
1 569
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
health
12
-
19
-
pensions

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

24
-
36
-
income
27
-
157
-
total
66
-
217
-
Employer
269
-
1 569
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
unemployment
2
-
2
-
health
19
-
28
-
pensions

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

30
-
45
-
total
54
-
80
-
Corporate
1 329
1 650
-
-
income
133
165
-
-
total
133
165
-
-
Dividends
1 196
1 485
-
-
withholding
60
74
-
-
total
60
74
-
-
Income
1 650
1 650
1 650
1 650
Total tax
313
239
297
358
After tax
1 337
1 411
1 353
1 292
Living cost
203
203
203
203
Free-cash
1 134
1 208
1 150
1 089

Estimated living cost  is $203 per week

$134
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.
$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
Varna , Bulgaria
$1256
$1198
$1137
$1202
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
-
-
-
1 650
unemployment
-
-
-
2
health
-
-
-
47
pensions

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

-
-
-
61
income
-
-
-
248
total
-
-
-
358
Employee
205
-
1 569
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
health
9
-
19
-
pensions

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

18
-
36
-
income
20
-
157
-
total
49
-
217
-
Employer
205
-
1 569
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
unemployment
1
-
2
-
health
14
-
28
-
pensions

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

23
-
45
-
total
40
-
80
-
Corporate
1 405
1 650
-
-
income
141
165
-
-
total
141
165
-
-
Dividends
1 265
1 485
-
-
withholding
63
74
-
-
total
63
74
-
-
Income
1 650
1 650
1 650
1 650
Total tax
293
239
297
358
After tax
1 357
1 411
1 353
1 292
Living cost
155
155
155
155
Free-cash
1 202
1 256
1 198
1 137

Estimated living cost  is $155 per week

$90
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.
$49
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
$933
$860
$876
$868
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
-
-
-
1 650
social contributions
-
-
-
191
health
-
-
-
42
income
-
-
-
268
total
-
-
-
501
Employee
908
908
1 520
-
health
7
15
26
-
social contributions
34
75
102
-
income
99
84
259
-
total
140
174
387
-
Employer
908
908
1 520
-
social contributions
34
75
102
-
health
8
17
28
-
total
42
92
130
-
Corporate
1 195
650
-
-
income
149
81
-
-
total
149
81
-
-
Dividends
1 045
569
-
-
withholding
178
97
-
-
total
178
97
-
-
Income
1 650
1 650
1 650
1 650
Total tax
509
444
517
501
After tax
1 141
1 206
1 133
1 149
Living cost
273
273
273
273
Free-cash
868
933
860
876

Estimated living cost  is $273 per week

$164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$27
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.
$77
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
$823
$750
$766
$774
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
-
-
-
1 650
social contributions
-
-
-
191
health
-
-
-
42
income
-
-
-
268
total
-
-
-
501
Employee
908
908
1 520
-
health
9
15
26
-
social contributions
44
75
102
-
income
95
84
259
-
total
148
174
387
-
Employer
908
908
1 520
-
social contributions
44
75
102
-
health
10
17
28
-
total
54
92
130
-
Corporate
1 065
650
-
-
income
133
81
-
-
total
133
81
-
-
Dividends
932
569
-
-
withholding
158
97
-
-
total
158
97
-
-
Income
1 650
1 650
1 650
1 650
Total tax
493
444
517
501
After tax
1 157
1 206
1 133
1 149
Living cost
383
383
383
383
Free-cash
774
823
750
766

Estimated living cost  is $383 per week

$262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$30
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.
$85
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
$859
$559
$595
$758
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
-
-
-
1 650
social contributions
-
-
-
400
health
-
-
-
223
solidarity contribution
-
-
-
-
income
-
-
-
154
total
-
-
-
777
Employee
408
-
1 231
-
health
55
-
166
-
social contributions
27
-
80
-
solidarity contribution
-
-
-
-
income
49
-
148
-
total
131
-
394
-
Employer
408
-
1 231
-
social contributions
102
-
308
-
health
37
-
111
-
total
139
-
419
-
Corporate
1 103
1 650
-
-
income
210
313
-
-
total
210
313
-
-
Dividends
893
1 337
-
-
withholding
134
200
-
-
total
134
200
-
-
Income
1 650
1 650
1 650
1 650
Total tax
614
513
813
777
After tax
1 036
1 137
837
873
Living cost
278
278
278
278
Free-cash
758
859
559
595

Estimated living cost  is $278 per week

$193
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.
$60
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
$795
$495
$531
$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
-
-
-
1 650
social contributions
-
-
-
400
health
-
-
-
223
solidarity contribution
-
-
-
-
income
-
-
-
154
total
-
-
-
777
Employee
503
-
1 231
-
health
68
-
166
-
social contributions
33
-
80
-
solidarity contribution
-
-
-
-
income
60
-
148
-
total
161
-
394
-
Employer
503
-
1 231
-
social contributions
126
-
308
-
health
45
-
111
-
total
171
-
419
-
Corporate
976
1 650
-
-
income
185
313
-
-
total
185
313
-
-
Dividends
790
1 337
-
-
withholding
119
200
-
-
total
119
200
-
-
Income
1 650
1 650
1 650
1 650
Total tax
636
513
813
777
After tax
1 014
1 137
837
873
Living cost
342
342
342
342
Free-cash
672
795
495
531

Estimated living cost  is $342 per week

$255
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.
$63
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
-$927
-$927
$428
-$927
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
-
-
-
1 650
labour market
-
-
-
131
municipal
-
-
-
331
pensions
-
-
-
10
national
-
-
-
180
total
-
-
-
652
Employee
2 406
2 406
2 406
-
municipal
512
512
512
-
pensions
3
3
3
-
national
294
294
294
-
labour market
192
192
192
-
total
1 001
1 001
1 001
-
Employer
2 406
2 406
2 406
-
labour market
192
192
192
-
national
294
294
294
-
municipal
513
513
513
-
pensions
7
7
7
-
total
1 006
1 006
1 006
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
1 650
1 650
1 650
1 650
Total tax
2 007
2 007
2 007
652
After tax
-357
-357
-357
998
Living cost
570
570
570
570
Free-cash
-927
-927
-927
428

Estimated living cost  is $570 per week

$390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$50
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.
$121
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
$1035
$665
$599
$961
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
-
-
-
1 650
health
-
-
-
215
pensions
-
-
-
330
income
-
-
-
221
total
-
-
-
766
Employee
335
-
1 233
-
pensions
7
-
25
-
unemployment
5
-
20
-
income
38
-
238
-
total
50
-
283
-
Employer
335
-
1 233
-
pensions
67
-
247
-
unemployment
3
-
10
-
health
44
-
160
-
total
114
-
417
-
Corporate
1 202
1 650
-
-
income
240
330
-
-
total
240
330
-
-
Dividends
962
1 320
-
-
total
-
-
-
-
Income
1 650
1 650
1 650
1 650
Total tax
404
330
700
766
After tax
1 246
1 320
950
884
Living cost
285
285
285
285
Free-cash
961
1 035
665
599

Estimated living cost  is $285 per week

$196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$17
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.
$67
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
$608
$440
$667
$622
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

-
-
-
1 650
health
-
-
-
20
municipal
-
-
-
293
national
-
-
-
217
total
-
-
-
530
Employee
621
-
1 388
-
health
5
-
16
-
municipal
102
-
226
-
pensions
42
-
94
-
national
10
-
138
-
unemployment
9
-
21
-
total
168
-
495
-
Employer
621
-
1 388
-
accident
1
-
1
-
unemployment
4
-
9
-
health
5
-
11
-
pensions
108
-
241
-
total
118
-
262
-
Corporate
912
1 650
-
-
income
182
330
-
-
total
182
330
-
-
Dividends

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

547
990
-
-
municipal
98
178
-
-
national
9
81
-
-
total
107
259
-
-
Income
1 650
1 650
1 650
1 650
Total tax
575
589
757
530
After tax
1 075
1 061
893
1 120
Living cost
453
453
453
453
Free-cash
622
608
440
667

Estimated living cost  is $453 per week

$296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$44
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.
$106
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
$468
$590
$573
$533
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
-
-
-
1 650
social contributions
-
-
-
47
health
-
-
-
56
pensions
-
-
-
335
other
-
-
-
51
income
-
-
-
224
surtax
-
-
-
-
total
-
-
-
713
Employee
451
-
1 302
-
income
23
-
231
-
social contributions
13
-
37
-
pensions
51
-
80
-
surtax
-
-
-
-
total
87
-
348
-
Employer
451
-
1 302
-
pensions
74
-
137
-
social contributions
1
-
4
-
unemployment
18
-
53
-
health
32
-
108
-
other
16
-
46
-
total
141
-
348
-
Corporate
1 058
1 650
-
-
surtax
-
-
-
-
income
296
462
-
-
total
296
462
-
-
Dividends
762
1 188
-
-
surtax
-
-
-
-
withholding
98
152
-
-
social contributions
131
204
-
-
total
229
356
-
-
Income
1 650
1 650
1 650
1 650
Total tax
753
818
696
713
After tax
897
832
954
937
Living cost
364
364
364
364
Free-cash
533
468
590
573

Estimated living cost  is $364 per week

$211
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.
$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
Nice , France
$428
$550
$533
$499
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
-
-
-
1 650
social contributions
-
-
-
47
health
-
-
-
56
pensions
-
-
-
335
other
-
-
-
51
income
-
-
-
224
surtax
-
-
-
-
total
-
-
-
713
Employee
505
-
1 302
-
income
30
-
231
-
social contributions
14
-
37
-
pensions
57
-
80
-
surtax
-
-
-
-
total
101
-
348
-
Employer
505
-
1 302
-
pensions
83
-
137
-
social contributions
2
-
4
-
unemployment
20
-
53
-
health
35
-
108
-
other
17
-
46
-
total
157
-
348
-
Corporate
987
1 650
-
-
surtax
-
-
-
-
income
276
462
-
-
total
276
462
-
-
Dividends
711
1 188
-
-
surtax
-
-
-
-
withholding
91
152
-
-
social contributions
122
204
-
-
total
213
356
-
-
Income
1 650
1 650
1 650
1 650
Total tax
747
818
696
713
After tax
903
832
954
937
Living cost
404
404
404
404
Free-cash
499
428
550
533

Estimated living cost  is $404 per week

$255
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.
$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
Paris , France
$262
$384
$367
$343
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
-
-
-
1 650
social contributions
-
-
-
47
health
-
-
-
56
pensions
-
-
-
335
other
-
-
-
51
income
-
-
-
224
surtax
-
-
-
-
total
-
-
-
713
Employee
739
-
1 302
-
income
64
-
231
-
social contributions
21
-
37
-
pensions
84
-
80
-
surtax
-
-
-
-
total
169
-
348
-
Employer
739
-
1 302
-
pensions
121
-
137
-
social contributions
2
-
4
-
unemployment
30
-
53
-
health
52
-
108
-
other
26
-
46
-
total
231
-
348
-
Corporate
680
1 650
-
-
surtax
-
-
-
-
income
190
462
-
-
total
190
462
-
-
Dividends
490
1 188
-
-
surtax
-
-
-
-
withholding
63
152
-
-
social contributions
84
204
-
-
total
147
356
-
-
Income
1 650
1 650
1 650
1 650
Total tax
737
818
696
713
After tax
913
832
954
937
Living cost
570
570
570
570
Free-cash
343
262
384
367

Estimated living cost  is $570 per week

$386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$47
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.
$130
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
$1485
$1237
$1551
$1469
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%.

-
-
-
1 650
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
104
-
1 650
-
income
21
-
330
-
total
21
-
330
-
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%.

1 546
1 650
-
-
total
-
-
-
-
Dividends
1 546
1 650
-
-
withholding
77
82
-
-
total
77
82
-
-
Income
1 650
1 650
1 650
1 650
Total tax
98
82
330
16
After tax
1 552
1 568
1 320
1 634
Living cost
83
83
83
83
Free-cash
1 469
1 485
1 237
1 551

Estimated living cost  is $83 per week

$52
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.
$22
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
$1438
$1190
$1504
$1414
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%.

-
-
-
1 650
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
162
-
1 650
-
income
32
-
330
-
total
32
-
330
-
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%.

1 488
1 650
-
-
total
-
-
-
-
Dividends
1 488
1 650
-
-
withholding
74
82
-
-
total
74
82
-
-
Income
1 650
1 650
1 650
1 650
Total tax
106
82
330
16
After tax
1 544
1 568
1 320
1 634
Living cost
130
130
130
130
Free-cash
1 414
1 438
1 190
1 504

Estimated living cost  is $130 per week

$88
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.
$32
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
$393
$626
$468
$548
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.

-
-
-
1 650
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.

-
-
-
81
trade
-
-
-
158
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.

-
-
-
462
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.

-
-
-
25
total
-
-
-
726
Employee

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

587
-
1 650
-
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.

81
-
81
-
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
-
25
-
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.

48
-
462
-
total
132
-
568
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 063
1 650
-
-
trade
153
237
-
-
surtax

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

9
14
-
-
chamber of commerce
3
4
-
-
income
159
247
-
-
total
324
502
-
-
Dividends
739
1 148
-
-
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
16
-
-
withholding
180
283
-
-
total
190
299
-
-
Income
1 650
1 650
1 650
1 650
Total tax
646
801
568
726
After tax
1 004
849
1 082
924
Living cost
456
456
456
456
Free-cash
548
393
626
468

Estimated living cost  is $456 per week

$314
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.
$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.
$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

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
$476
$725
$552
$604
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.

-
-
-
1 650
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.

-
-
-
81
trade
-
-
-
173
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.

-
-
-
462
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.

-
-
-
25
total
-
-
-
741
Employee

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

451
-
1 650
-
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.

81
-
81
-
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
-
25
-
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
-
462
-
total
95
-
568
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 199
1 650
-
-
trade
189
260
-
-
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
-
-
chamber of commerce
4
4
-
-
income
180
247
-
-
total
383
525
-
-
Dividends
817
1 125
-
-
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.

11
15
-
-
withholding
200
277
-
-
total
211
292
-
-
Income
1 650
1 650
1 650
1 650
Total tax
689
817
568
741
After tax
961
833
1 082
909
Living cost
358
358
358
358
Free-cash
604
476
725
552

Estimated living cost  is $358 per week

$225
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$42
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.
$84
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
$361
$618
$437
$526
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.

-
-
-
1 650
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.

-
-
-
81
trade
-
-
-
181
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.

-
-
-
462
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.

-
-
-
25
total
-
-
-
749
Employee

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

599
-
1 650
-
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.

81
-
81
-
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
-
25
-
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.

51
-
462
-
total
135
-
568
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 051
1 650
-
-
trade
173
271
-
-
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
-
-
chamber of commerce
3
4
-
-
income
158
247
-
-
total
343
536
-
-
Dividends
709
1 113
-
-
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
-
-
withholding
173
274
-
-
total
182
289
-
-
Income
1 650
1 650
1 650
1 650
Total tax
660
825
568
749
After tax
990
825
1 082
901
Living cost
464
464
464
464
Free-cash
526
361
618
437

Estimated living cost  is $464 per week

$310
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.
$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.
$98
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
$275
$541
$352
$467
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.

-
-
-
1 650
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.

-
-
-
81
trade
-
-
-
189
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.

-
-
-
462
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.

-
-
-
25
total
-
-
-
757
Employee

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

709
-
1 650
-
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.

81
-
81
-
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
-
25
-
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.

83
-
462
-
total
169
-
568
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
941
1 650
-
-
trade
161
283
-
-
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
-
-
chamber of commerce
3
4
-
-
income
141
247
-
-
total
313
548
-
-
Dividends
627
1 102
-
-
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
15
-
-
withholding
152
271
-
-
total
160
286
-
-
Income
1 650
1 650
1 650
1 650
Total tax
642
834
568
757
After tax
1 008
816
1 082
893
Living cost
541
541
541
541
Free-cash
467
275
541
352

Estimated living cost  is $541 per week

$395
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.
$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

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
$773
$481
$518
$734
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
-
-
-
1 650
unemployment
-
-
-
3
health
-
-
-
112
pensions
-
-
-
315
other
-
-
-
-
income
-
-
-
383
surtax
-
-
-
54
total
-
-
-
867
Employee
397
-
1 363
-
health
10
-
35
-
pensions
27
-
91
-
surtax
1
-
48
-
other
-
-
-
-
unemployment
28
-
95
-
income
67
-
348
-
total
133
-
617
-
Employer
397
-
1 363
-
pensions
53
-
182
-
unemployment
13
-
43
-
health
18
-
62
-
other
-
-
-
-
total
84
-
287
-
Corporate
1 169
1 650
-
-
income
304
429
-
-
total
304
429
-
-
Dividends
865
1 221
-
-
withholding
130
183
-
-
total
130
183
-
-
Income
1 650
1 650
1 650
1 650
Total tax
651
612
904
867
After tax
999
1 038
746
783
Living cost
265
265
265
265
Free-cash
734
773
481
518

Estimated living cost  is $265 per week

$160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$23
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.
$76
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
$778
$486
$523
$742
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 650
unemployment
-
-
-
3
health
-
-
-
112
pensions
-
-
-
315
other
-
-
-
-
income
-
-
-
383
surtax
-
-
-
54
total
-
-
-
867
Employee
390
-
1 363
-
health
10
-
35
-
pensions
26
-
91
-
surtax
1
-
48
-
other
-
-
-
-
unemployment
27
-
95
-
income
65
-
348
-
total
129
-
617
-
Employer
390
-
1 363
-
pensions
52
-
182
-
unemployment
12
-
43
-
health
18
-
62
-
other
-
-
-
-
total
82
-
287
-
Corporate
1 178
1 650
-
-
income
306
429
-
-
total
306
429
-
-
Dividends
871
1 221
-
-
withholding
131
183
-
-
total
131
183
-
-
Income
1 650
1 650
1 650
1 650
Total tax
648
612
904
867
After tax
1 002
1 038
746
783
Living cost
260
260
260
260
Free-cash
742
778
486
523

Estimated living cost  is $260 per week

$159
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.
$71
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
$697
$724
$911
$702
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
-
-
-
1 650
unemployment
-
-
-
25
health
-
-
-
115
pensions
-
-
-
165
income
-
-
-
202
total
-
-
-
507
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.

334
133
1 381
-
health
23
9
97
-
pensions
33
13
138
-
unemployment
5
2
21
-
income
41
16
169
-
total
102
40
425
-
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.

334
133
1 381
-
pensions
65
26
269
-
total
65
26
269
-
Corporate
1 251
1 491
-
-
income
113
134
-
-
total
113
134
-
-
Dividends
1 138
1 357
-
-
withholding
216
258
-
-
social contributions
220
263
-
-
total
436
521
-
-
Income
1 650
1 650
1 650
1 650
Total tax
716
721
694
507
After tax
934
929
956
1 143
Living cost
232
232
232
232
Free-cash
702
697
724
911

Estimated living cost  is $232 per week

$158
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.
$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.
$50
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
$434
$399
$385
$424
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
-
-
-
1 650
social contributions
-
-
-
18
municipal
-
-
-
178
pensions
-
-
-
198
national
-
-
-
275
total
-
-
-
669
Employee
924
-
1 426
-
municipal
114
-
184
-
pensions
37
-
57
-
national
177
-
285
-
total
328
-
526
-
Employer
924
-
1 426
-
social contributions
10
-
15
-
pensions
74
-
114
-
total
84
-
129
-
Corporate
582
1 650
-
-
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%.

116
330
-
-
total
116
330
-
-
Dividends
465
1 320
-
-
withholding
102
290
-
-
total
102
290
-
-
Income
1 650
1 650
1 650
1 650
Total tax
630
620
655
669
After tax
1 020
1 030
995
981
Living cost
596
596
596
596
Free-cash
424
434
399
385

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
$483
$248
$248
$509
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
-
-
-
1 650
social contributions
-
-
-
265
income
-
-
-
465
total
-
-
-
730
Employee
923
-
1 650
-
social contributions
77
-
265
-
income
174
-
465
-
total
251
-
730
-
Employer
923
-
1 650
-
total
-
-
-
-
Corporate
727
1 650
-
-
income
91
206
-
-
total
91
206
-
-
Dividends
636
1 444
-
-
withholding
127
289
-
-
total
127
289
-
-
Income
1 650
1 650
1 650
1 650
Total tax
469
495
730
730
After tax
1 181
1 155
920
920
Living cost
672
672
672
672
Free-cash
509
483
248
248

Estimated living cost  is $672 per week

$511
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.
$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.
$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

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
$383
$237
$316
$320
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
-
-
-
1 650
regional
-
-
-
19
social contributions
-
-
-
424
municipal
-
-
-
10
national
-
-
-
383
total
-
-
-
836
Employee
1 049
-
1 650
-
regional
10
-
17
-
municipal
6
-
9
-
social contributions
354
-
556
-
national
182
-
333
-
total
552
-
915
-
Employer
1 049
-
1 650
-
total
-
-
-
-
Corporate
601
1 650
-
-
nationa
144
396
-
-
municipal
23
64
-
-
total
167
460
-
-
Dividends
433
1 190
-
-
withholding
113
309
-
-
total
113
309
-
-
Income
1 650
1 650
1 650
1 650
Total tax
832
769
915
836
After tax
818
881
735
814
Living cost
498
498
498
498
Free-cash
320
383
237
316

Estimated living cost  is $498 per week

$347
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.
$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
Naples , Italy
$549
$412
$490
$523
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
-
-
-
1 650
regional
-
-
-
25
social contributions
-
-
-
424
municipal
-
-
-
10
national
-
-
-
383
total
-
-
-
842
Employee
655
-
1 650
-
regional
9
-
22
-
municipal
3
-
9
-
social contributions
221
-
556
-
national
104
-
333
-
total
337
-
920
-
Employer
655
-
1 650
-
total
-
-
-
-
Corporate
995
1 650
-
-
nationa
239
396
-
-
municipal
49
82
-
-
total
288
478
-
-
Dividends
707
1 172
-
-
withholding
184
305
-
-
total
184
305
-
-
Income
1 650
1 650
1 650
1 650
Total tax
809
783
920
842
After tax
841
867
730
808
Living cost
318
318
318
318
Free-cash
523
549
412
490

Estimated living cost  is $318 per week

$198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$32
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.
$83
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