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
$865
$1075
$909
$1117
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
-
-
-
54
total
-
-
-
417
Employee
394
-
1 429
-
social contributions
26
-
93
-
income
-
-
59
-
total
26
-
152
-
Employer
394
-
1 429
-
social contributions
61
-
221
-
total
61
-
221
-
Corporate
1 195
1 650
-
-
income
120
165
-
-
total
120
165
-
-
Dividends
1 076
1 485
-
-
total
-
-
-
-
Income
1 650
1 650
1 650
1 650
Total tax
207
165
373
417
After tax
1 443
1 485
1 277
1 233
Living cost
368
368
368
368
Free-cash
1 075
1 117
909
865

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
$445
$523
$56
$528
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
surtax
-
-
-
-
unemployment
-
-
-
75
health
-
-
-
109
chamber of commerce
-
-
-
7
pensions
-
-
-
265
income
-
-
-
358
total
-
-
-
814
Employee
535
488
1 281
-
unemployment
16
15
38
-
other
5
5
13
-
income
48
36
294
-
pensions
55
50
131
-
health
21
19
50
-
total
145
125
526
-
Employer
535
488
1 281
-
pensions
67
61
161
-
surtax
-
-
-
-
payroll
16
15
38
-
other
25
23
61
-
health
20
18
48
-
accident
7
6
17
-
unemployment
16
15
38
-
chamber of commerce
2
2
5
-
total
153
140
368
-
Corporate
961
1 022
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.

240
255
309
-
total
240
255
309
-
Dividends
721
766
-
-
withholding
198
211
-
-
total
198
211
-
-
Income
1 650
1 650
1 650
1 650
Total tax
736
731
1 203
814
After tax
914
919
447
836
Living cost
391
391
391
391
Free-cash
523
528
56
445

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
$403
$469
$15
$487
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
surtax
-
-
-
2
unemployment
-
-
-
75
health
-
-
-
109
chamber of commerce
-
-
-
7
pensions
-
-
-
265
income
-
-
-
358
total
-
-
-
816
Employee
612
488
1 279
-
unemployment
18
15
38
-
other
6
5
13
-
income
70
36
294
-
pensions
63
50
131
-
health
24
19
50
-
total
181
125
526
-
Employer
612
488
1 279
-
pensions
77
61
161
-
surtax
2
2
2
-
payroll
18
15
38
-
other
29
23
61
-
health
23
18
48
-
accident
8
6
17
-
unemployment
18
15
38
-
chamber of commerce
2
2
5
-
total
177
142
370
-
Corporate
860
1 019
1 233
-
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
255
308
-
total
215
255
308
-
Dividends
645
765
-
-
withholding
177
210
-
-
total
177
210
-
-
Income
1 650
1 650
1 650
1 650
Total tax
750
732
1 204
816
After tax
900
918
446
834
Living cost
431
431
431
431
Free-cash
469
487
15
403

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
$286
$293
$162
$477
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
national
-
-
-
574
communal

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

-
-
-
83
social contributions
-
-
-
261
total
-
-
-
918
Employee

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

876
-
1 278
-
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
-
11
-
national
269
-
435
-
communal

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

46
-
67
-
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
-
96
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

41
-
60
-
total
430
-
669
-
Employer

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

876
-
1 278
-
surtax
99
-
145
-
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
-
113
-
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
-
79
-
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.

13
-
19
-
total
255
-
373
-
Corporate
520
1 650
-
-
income
104
330
-
-
surtax
2
7
-
-
total
106
337
-
-
Dividends
414
1 313
-
-
withholding

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

120
390
-
-
total
120
390
-
-
Income
1 650
1 650
1 650
1 650
Total tax
911
727
1 042
918
After tax
739
923
608
732
Living cost
446
446
446
446
Free-cash
293
477
162
286

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
$1079
$1126
$1137
$1201
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
-
-
-
49
pensions

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

-
-
-
63
income
-
-
-
247
total
-
-
-
361
Employee
278
-
1 566
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
income
28
-
157
-
pensions

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

24
-
37
-
health
13
-
20
-
total
68
-
219
-
Employer
278
-
1 566
-
pensions

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

31
-
47
-
health
19
-
29
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
unemployment
2
-
3
-
total
55
-
84
-
Corporate
1 317
1 650
-
-
income
132
165
-
-
total
132
165
-
-
Dividends
1 185
1 485
-
-
withholding
59
74
-
-
total
59
74
-
-
Income
1 650
1 650
1 650
1 650
Total tax
314
239
303
361
After tax
1 336
1 411
1 347
1 289
Living cost
210
210
210
210
Free-cash
1 126
1 201
1 137
1 079

Estimated living cost  is $210 per week

$139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$54
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
$1129
$1194
$1187
$1251
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 650
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
-
-
-
247
total
-
-
-
361
Employee
212
-
1 566
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
income
21
-
157
-
pensions

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

19
-
37
-
health
10
-
20
-
total
52
-
219
-
Employer
212
-
1 566
-
pensions

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

23
-
47
-
health
15
-
29
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
unemployment
1
-
3
-
total
41
-
84
-
Corporate
1 396
1 650
-
-
income
140
165
-
-
total
140
165
-
-
Dividends
1 257
1 485
-
-
withholding
63
74
-
-
total
63
74
-
-
Income
1 650
1 650
1 650
1 650
Total tax
296
239
303
361
After tax
1 354
1 411
1 347
1 289
Living cost
160
160
160
160
Free-cash
1 194
1 251
1 187
1 129

Estimated living cost  is $160 per week

$94
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$11
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$51
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Larnaca , Cyprus
$870
$856
$854
$923
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
-
-
-
42
social contributions
-
-
-
198
income
-
-
-
257
total
-
-
-
497
Employee
941
941
1 517
-
income
102
87
249
-
social contributions
36
78
105
-
health
7
16
26
-
total
145
181
380
-
Employer
941
941
1 517
-
social contributions
36
78
105
-
health
8
17
28
-
total
44
95
133
-
Corporate
1 178
613
-
-
income
147
77
-
-
total
147
77
-
-
Dividends
1 030
537
-
-
withholding
175
91
-
-
total
175
91
-
-
Income
1 650
1 650
1 650
1 650
Total tax
511
444
513
497
After tax
1 139
1 206
1 137
1 153
Living cost
283
283
283
283
Free-cash
856
923
854
870

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
$756
$758
$740
$809
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
-
-
-
42
social contributions
-
-
-
198
income
-
-
-
257
total
-
-
-
497
Employee
941
941
1 517
-
income
99
87
249
-
social contributions
46
78
105
-
health
9
16
26
-
total
154
181
380
-
Employer
941
941
1 517
-
social contributions
46
78
105
-
health
10
17
28
-
total
56
95
133
-
Corporate
1 043
613
-
-
income
130
77
-
-
total
130
77
-
-
Dividends
913
537
-
-
withholding
155
91
-
-
total
155
91
-
-
Income
1 650
1 650
1 650
1 650
Total tax
495
444
513
497
After tax
1 155
1 206
1 137
1 153
Living cost
397
397
397
397
Free-cash
758
809
740
756

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
$584
$752
$554
$854
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
-
-
-
223
social contributions
-
-
-
407
income
-
-
-
153
solidarity contribution
-
-
-
-
total
-
-
-
783
Employee
415
-
1 231
-
income
50
-
148
-
social contributions
27
-
80
-
health
56
-
166
-
solidarity contribution
-
-
-
-
total
133
-
394
-
Employer
415
-
1 231
-
social contributions
104
-
308
-
health
37
-
111
-
total
141
-
419
-
Corporate
1 093
1 650
-
-
income
208
313
-
-
total
208
313
-
-
Dividends
886
1 337
-
-
withholding
133
200
-
-
total
133
200
-
-
Income
1 650
1 650
1 650
1 650
Total tax
615
513
813
783
After tax
1 035
1 137
837
867
Living cost
283
283
283
283
Free-cash
752
854
554
584

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
$519
$665
$489
$789
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
-
-
-
223
social contributions
-
-
-
407
income
-
-
-
153
solidarity contribution
-
-
-
-
total
-
-
-
783
Employee
512
-
1 231
-
income
61
-
148
-
social contributions
33
-
80
-
health
69
-
166
-
solidarity contribution
-
-
-
-
total
163
-
394
-
Employer
512
-
1 231
-
social contributions
128
-
308
-
health
46
-
111
-
total
174
-
419
-
Corporate
964
1 650
-
-
income
183
313
-
-
total
183
313
-
-
Dividends
781
1 337
-
-
withholding
117
200
-
-
total
117
200
-
-
Income
1 650
1 650
1 650
1 650
Total tax
637
513
813
783
After tax
1 013
1 137
837
867
Living cost
348
348
348
348
Free-cash
665
789
489
519

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
$412
-$1024
-$1024
-$1024
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
national
-
-
-
177
pensions
-
-
-
11
municipal
-
-
-
328
labour market
-
-
-
131
total
-
-
-
647
Employee
2 496
2 496
2 496
-
municipal
531
531
531
-
national
305
305
305
-
pensions
4
4
4
-
labour market
199
199
199
-
total
1 039
1 039
1 039
-
Employer
2 496
2 496
2 496
-
pensions
7
7
7
-
labour market
200
200
200
-
municipal
532
532
532
-
national
305
305
305
-
total
1 044
1 044
1 044
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
1 650
1 650
1 650
1 650
Total tax
2 083
2 083
2 083
647
After tax
-433
-433
-433
1 003
Living cost
591
591
591
591
Free-cash
-1 024
-1 024
-1 024
412

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
$588
$948
$654
$1024
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
347
-
1 233
-
unemployment
6
-
20
-
income
39
-
238
-
pensions
7
-
25
-
total
52
-
283
-
Employer
347
-
1 233
-
pensions
69
-
247
-
health
45
-
160
-
unemployment
3
-
10
-
total
117
-
417
-
Corporate
1 185
1 650
-
-
income
237
330
-
-
total
237
330
-
-
Dividends
948
1 320
-
-
total
-
-
-
-
Income
1 650
1 650
1 650
1 650
Total tax
406
330
700
766
After tax
1 244
1 320
950
884
Living cost
296
296
296
296
Free-cash
948
1 024
654
588

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
$655
$604
$428
$595
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
national
-
-
-
212
health
-
-
-
20
municipal
-
-
-
293
total
-
-
-
525
Employee
644
-
1 388
-
unemployment
10
-
21
-
municipal
105
-
226
-
national
11
-
133
-
pensions
43
-
94
-
health
5
-
16
-
total
174
-
490
-
Employer
644
-
1 388
-
pensions
112
-
241
-
health
5
-
11
-
accident
1
-
1
-
unemployment
4
-
9
-
total
122
-
262
-
Corporate
884
1 650
-
-
income
177
330
-
-
total
177
330
-
-
Dividends

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

531
990
-
-
municipal
96
178
-
-
national
7
77
-
-
total
103
255
-
-
Income
1 650
1 650
1 650
1 650
Total tax
576
585
752
525
After tax
1 074
1 065
898
1 125
Living cost
470
470
470
470
Free-cash
604
595
428
655

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
$562
$524
$587
$455
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
surtax
-
-
-
-
health
-
-
-
54
pensions
-
-
-
342
social contributions
-
-
-
47
income
-
-
-
217
other
-
-
-
51
total
-
-
-
711
Employee
468
-
1 307
-
income
24
-
228
-
surtax
-
-
-
-
social contributions
13
-
37
-
pensions
53
-
78
-
total
90
-
343
-
Employer
468
-
1 307
-
pensions
77
-
134
-
social contributions
1
-
4
-
other
16
-
46
-
health
33
-
106
-
unemployment
19
-
53
-
total
146
-
343
-
Corporate
1 036
1 650
-
-
income
290
462
-
-
surtax
-
-
-
-
total
290
462
-
-
Dividends
746
1 188
-
-
withholding
95
152
-
-
social contributions
128
204
-
-
surtax
-
-
-
-
total
223
356
-
-
Income
1 650
1 650
1 650
1 650
Total tax
749
818
686
711
After tax
901
832
964
939
Living cost
377
377
377
377
Free-cash
524
455
587
562

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
$520
$485
$545
$413
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
surtax
-
-
-
-
health
-
-
-
54
pensions
-
-
-
342
social contributions
-
-
-
47
income
-
-
-
217
other
-
-
-
51
total
-
-
-
711
Employee
524
-
1 307
-
income
31
-
228
-
surtax
-
-
-
-
social contributions
15
-
37
-
pensions
59
-
78
-
total
105
-
343
-
Employer
524
-
1 307
-
pensions
86
-
134
-
social contributions
2
-
4
-
other
18
-
46
-
health
37
-
106
-
unemployment
21
-
53
-
total
164
-
343
-
Corporate
962
1 650
-
-
income
269
462
-
-
surtax
-
-
-
-
total
269
462
-
-
Dividends
693
1 188
-
-
withholding
89
152
-
-
social contributions
119
204
-
-
surtax
-
-
-
-
total
208
356
-
-
Income
1 650
1 650
1 650
1 650
Total tax
746
818
686
711
After tax
904
832
964
939
Living cost
419
419
419
419
Free-cash
485
413
545
520

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
$348
$325
$373
$241
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
surtax
-
-
-
-
health
-
-
-
54
pensions
-
-
-
342
social contributions
-
-
-
47
income
-
-
-
217
other
-
-
-
51
total
-
-
-
711
Employee
767
-
1 307
-
income
67
-
228
-
surtax
-
-
-
-
social contributions
22
-
37
-
pensions
87
-
78
-
total
176
-
343
-
Employer
767
-
1 307
-
pensions
126
-
134
-
social contributions
2
-
4
-
other
26
-
46
-
health
54
-
106
-
unemployment
31
-
53
-
total
239
-
343
-
Corporate
644
1 650
-
-
income
180
462
-
-
surtax
-
-
-
-
total
180
462
-
-
Dividends
464
1 188
-
-
withholding
59
152
-
-
social contributions
80
204
-
-
surtax
-
-
-
-
total
139
356
-
-
Income
1 650
1 650
1 650
1 650
Total tax
734
818
686
711
After tax
916
832
964
939
Living cost
591
591
591
591
Free-cash
325
241
373
348

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
$1554
$1473
$1241
$1488
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.

-
-
-
17
total
-
-
-
17
Employee
99
-
1 650
-
income
20
-
330
-
total
20
-
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%.

1 551
1 650
-
-
total
-
-
-
-
Dividends
1 551
1 650
-
-
withholding
78
83
-
-
total
78
83
-
-
Income
1 650
1 650
1 650
1 650
Total tax
98
83
330
17
After tax
1 552
1 567
1 320
1 633
Living cost
79
79
79
79
Free-cash
1 473
1 488
1 241
1 554

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
$1510
$1421
$1197
$1444
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.

-
-
-
17
total
-
-
-
17
Employee
154
-
1 650
-
income
31
-
330
-
total
31
-
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%.

1 496
1 650
-
-
total
-
-
-
-
Dividends
1 496
1 650
-
-
withholding
75
83
-
-
total
75
83
-
-
Income
1 650
1 650
1 650
1 650
Total tax
106
83
330
17
After tax
1 544
1 567
1 320
1 633
Living cost
123
123
123
123
Free-cash
1 421
1 444
1 197
1 510

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
$459
$537
$614
$377
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
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
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.

-
-
-
454
trade
-
-
-
155
total
-
-
-
718
Employee

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

609
-
1 650
-
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
-
454
-
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
-
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
-
563
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 041
1 650
-
-
trade
149
237
-
-
income
156
247
-
-
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
14
-
-
total
317
502
-
-
Dividends
723
1 148
-
-
withholding
176
282
-
-
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
-
-
total
186
298
-
-
Income
1 650
1 650
1 650
1 650
Total tax
640
800
563
718
After tax
1 010
850
1 087
932
Living cost
473
473
473
473
Free-cash
537
377
614
459

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
$546
$596
$716
$462
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
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
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.

-
-
-
454
trade
-
-
-
170
total
-
-
-
733
Employee

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

468
-
1 650
-
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
-
454
-
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
-
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
-
563
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 182
1 650
-
-
trade
186
260
-
-
income
177
247
-
-
chamber of commerce
4
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.

10
14
-
-
total
377
525
-
-
Dividends
805
1 125
-
-
withholding
197
277
-
-
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
-
-
total
208
292
-
-
Income
1 650
1 650
1 650
1 650
Total tax
683
817
563
733
After tax
967
833
1 087
917
Living cost
371
371
371
371
Free-cash
596
462
716
546

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
$428
$516
$606
$344
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
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
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.

-
-
-
454
trade
-
-
-
178
total
-
-
-
741
Employee

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

621
-
1 650
-
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
-
454
-
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
-
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
-
563
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 029
1 650
-
-
trade
169
271
-
-
income
154
247
-
-
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
14
-
-
total
335
536
-
-
Dividends
694
1 113
-
-
withholding
169
274
-
-
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
178
289
-
-
Income
1 650
1 650
1 650
1 650
Total tax
653
825
563
741
After tax
997
825
1 087
909
Living cost
481
481
481
481
Free-cash
516
344
606
428

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
$341
$452
$526
$255
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
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
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.

-
-
-
454
trade
-
-
-
185
total
-
-
-
748
Employee

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

736
-
1 650
-
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
-
454
-
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
-
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
-
563
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
914
1 650
-
-
trade
157
283
-
-
income
137
247
-
-
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
14
-
-
total
305
548
-
-
Dividends
610
1 102
-
-
withholding
148
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.

8
15
-
-
total
156
286
-
-
Income
1 650
1 650
1 650
1 650
Total tax
637
834
563
748
After tax
1 013
816
1 087
902
Living cost
561
561
561
561
Free-cash
452
255
526
341

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
$508
$723
$478
$763
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
surtax
-
-
-
51
unemployment
-
-
-
3
health
-
-
-
116
pensions
-
-
-
327
income
-
-
-
370
other
-
-
-
-
total
-
-
-
867
Employee
412
-
1 363
-
unemployment
29
-
95
-
other
-
-
-
-
income
69
-
342
-
surtax
1
-
47
-
pensions
28
-
91
-
health
11
-
35
-
total
138
-
610
-
Employer
412
-
1 363
-
pensions
55
-
182
-
other
-
-
-
-
health
19
-
62
-
unemployment
13
-
43
-
total
87
-
287
-
Corporate
1 151
1 650
-
-
income
299
429
-
-
total
299
429
-
-
Dividends
852
1 221
-
-
withholding
128
183
-
-
total
128
183
-
-
Income
1 650
1 650
1 650
1 650
Total tax
652
612
897
867
After tax
998
1 038
753
783
Living cost
275
275
275
275
Free-cash
723
763
478
508

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
$513
$730
$483
$768
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
surtax
-
-
-
51
unemployment
-
-
-
3
health
-
-
-
116
pensions
-
-
-
327
income
-
-
-
370
other
-
-
-
-
total
-
-
-
867
Employee
405
-
1 363
-
unemployment
28
-
95
-
other
-
-
-
-
income
68
-
342
-
surtax
1
-
47
-
pensions
27
-
91
-
health
10
-
35
-
total
134
-
610
-
Employer
405
-
1 363
-
pensions
54
-
182
-
other
-
-
-
-
health
18
-
62
-
unemployment
13
-
43
-
total
85
-
287
-
Corporate
1 160
1 650
-
-
income
302
429
-
-
total
302
429
-
-
Dividends
858
1 221
-
-
withholding
129
183
-
-
total
129
183
-
-
Income
1 650
1 650
1 650
1 650
Total tax
650
612
897
867
After tax
1 000
1 038
753
783
Living cost
270
270
270
270
Free-cash
730
768
483
513

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
$899
$690
$713
$686
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
-
-
-
116
pensions
-
-
-
165
income
-
-
-
202
total
-
-
-
508
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
1 381
-
unemployment
5
2
21
-
income
43
17
169
-
pensions
35
14
138
-
health
25
10
97
-
total
108
43
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.

351
140
1 381
-
pensions
68
27
269
-
total
68
27
269
-
Corporate
1 231
1 483
-
-
income
111
133
-
-
total
111
133
-
-
Dividends
1 120
1 350
-
-
withholding
213
256
-
-
social contributions
217
262
-
-
total
430
518
-
-
Income
1 650
1 650
1 650
1 650
Total tax
717
721
694
508
After tax
933
929
956
1 142
Living cost
243
243
243
243
Free-cash
690
686
713
899

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
$387
$428
$401
$437
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
national
-
-
-
276
pensions
-
-
-
198
social contributions
-
-
-
18
municipal
-
-
-
178
total
-
-
-
670
Employee
919
-
1 426
-
municipal
113
-
184
-
national
176
-
286
-
pensions
37
-
57
-
total
326
-
527
-
Employer
919
-
1 426
-
pensions
73
-
114
-
social contributions
10
-
15
-
total
83
-
129
-
Corporate
587
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%.

117
330
-
-
total
117
330
-
-
Dividends
470
1 320
-
-
withholding
103
290
-
-
total
103
290
-
-
Income
1 650
1 650
1 650
1 650
Total tax
629
620
656
670
After tax
1 021
1 030
994
980
Living cost
593
593
593
593
Free-cash
428
437
401
387

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
$231
$484
$231
$458
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
-
-
-
264
income
-
-
-
458
total
-
-
-
722
Employee
958
-
1 650
-
social contributions
80
-
264
-
income
181
-
458
-
total
261
-
722
-
Employer
958
-
1 650
-
total
-
-
-
-
Corporate
692
1 650
-
-
income
87
206
-
-
total
87
206
-
-
Dividends
606
1 444
-
-
withholding
121
289
-
-
total
121
289
-
-
Income
1 650
1 650
1 650
1 650
Total tax
469
495
722
722
After tax
1 181
1 155
928
928
Living cost
697
697
697
697
Free-cash
484
458
231
231

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
$300
$299
$221
$364
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
national
-
-
-
380
regional
-
-
-
19
social contributions
-
-
-
424
municipal
-
-
-
10
total
-
-
-
833
Employee
1 088
-
1 650
-
municipal
6
-
9
-
national
189
-
330
-
social contributions
367
-
556
-
regional
10
-
17
-
total
572
-
912
-
Employer
1 088
-
1 650
-
total
-
-
-
-
Corporate
562
1 650
-
-
nationa
135
396
-
-
municipal
22
64
-
-
total
157
460
-
-
Dividends
405
1 190
-
-
withholding
105
309
-
-
total
105
309
-
-
Income
1 650
1 650
1 650
1 650
Total tax
834
769
912
833
After tax
816
881
738
817
Living cost
517
517
517
517
Free-cash
299
364
221
300

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
$481
$510
$403
$537
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
national
-
-
-
380
regional
-
-
-
25
social contributions
-
-
-
424
municipal
-
-
-
10
total
-
-
-
839
Employee
679
-
1 650
-
municipal
4
-
9
-
national
108
-
330
-
social contributions
229
-
556
-
regional
9
-
22
-
total
350
-
917
-
Employer
679
-
1 650
-
total
-
-
-
-
Corporate
971
1 650
-
-
nationa
233
396
-
-
municipal
48
82
-
-
total
281
478
-
-
Dividends
690
1 172
-
-
withholding
179
305
-
-
total
179
305
-
-
Income
1 650
1 650
1 650
1 650
Total tax
810
783
917
839
After tax
840
867
733
811
Living cost
330
330
330
330
Free-cash
510
537
403
481

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