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
$ 1700
per

Your estimated
City
free-cash

Andorra , Andorra
$1176
$956
$911
$1136
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
-
-
-
1 700
social contributions
-
-
-
374
income
-
-
-
61
total
-
-
-
435
Employee
379
-
1 472
-
social contributions
25
-
96
-
income
-
-
66
-
total
25
-
162
-
Employer
379
-
1 472
-
social contributions
59
-
228
-
total
59
-
228
-
Corporate
1 262
1 700
-
-
income
126
170
-
-
total
126
170
-
-
Dividends
1 136
1 530
-
-
total
-
-
-
-
Income
1 700
1 700
1 700
1 700
Total tax
210
170
390
435
After tax
1 490
1 530
1 310
1 265
Living cost
354
354
354
354
Free-cash
1 136
1 176
956
911

Estimated living cost  is $354 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
$569
$72
$494
$565
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
-
-
-
1 700
chamber of commerce
-
-
-
7
unemployment
-
-
-
72
health
-
-
-
105
pensions
-
-
-
255
income
-
-
-
391
surtax
-
-
-
-
total
-
-
-
830
Employee
515
470
1 320
-
health
20
18
51
-
pensions
53
48
135
-
other
5
5
13
-
unemployment
15
14
40
-
income
46
35
313
-
total
139
120
552
-
Employer
515
470
1 320
-
pensions
65
59
166
-
accident
7
6
17
-
unemployment
15
14
40
-
surtax
-
-
-
-
payroll
15
14
40
-
chamber of commerce
2
2
5
-
health
19
18
50
-
other
24
22
63
-
total
147
135
381
-
Corporate
1 036
1 095
1 275
-
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.

259
274
319
-
total
259
274
319
-
Dividends
777
821
-
-
withholding
214
226
-
-
total
214
226
-
-
Income
1 700
1 700
1 700
1 700
Total tax
759
755
1 252
830
After tax
941
945
448
870
Living cost
376
376
376
376
Free-cash
565
569
72
494

Estimated living cost  is $376 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
$530
$34
$453
$510
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
-
-
-
1 700
chamber of commerce
-
-
-
7
unemployment
-
-
-
72
health
-
-
-
105
pensions
-
-
-
255
income
-
-
-
391
surtax
-
-
-
2
total
-
-
-
832
Employee
589
470
1 318
-
health
23
18
51
-
pensions
60
48
135
-
other
6
5
13
-
unemployment
18
14
40
-
income
67
35
312
-
total
174
120
551
-
Employer
589
470
1 318
-
pensions
74
59
165
-
accident
8
6
17
-
unemployment
18
14
40
-
surtax
2
2
2
-
payroll
18
14
40
-
chamber of commerce
2
2
5
-
health
22
18
50
-
other
28
22
63
-
total
172
137
382
-
Corporate
939
1 093
1 274
-
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.

235
273
318
-
total
235
273
318
-
Dividends
704
819
-
-
withholding
194
225
-
-
total
194
225
-
-
Income
1 700
1 700
1 700
1 700
Total tax
775
755
1 251
832
After tax
925
945
449
868
Living cost
415
415
415
415
Free-cash
510
530
34
453

Estimated living cost  is $415 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
$521
$190
$316
$345
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
-
-
-
1 700
social contributions
-
-
-
267
communal

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

-
-
-
86
national
-
-
-
601
total
-
-
-
954
Employee

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

843
-
1 317
-
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
-
62
-
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
-
99
-
communal

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

44
-
69
-
national
259
-
456
-
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
413
-
697
-
Employer

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

843
-
1 317
-
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
-
149
-
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
-
81
-
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
-
117
-
total
246
-
383
-
Corporate
611
1 700
-
-
surtax
2
7
-
-
income
122
340
-
-
total
124
347
-
-
Dividends
486
1 353
-
-
withholding

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

142
402
-
-
total
142
402
-
-
Income
1 700
1 700
1 700
1 700
Total tax
925
749
1 080
954
After tax
775
951
620
746
Living cost
430
430
430
430
Free-cash
345
521
190
316

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
$1251
$1196
$1133
$1178
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
-
-
-
1 700
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
-
-
-
255
total
-
-
-
365
Employee
268
-
1 619
-
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
-
162
-
total
66
-
222
-
Employer
268
-
1 619
-
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
1 379
1 700
-
-
income
138
170
-
-
total
138
170
-
-
Dividends
1 241
1 530
-
-
withholding
62
77
-
-
total
62
77
-
-
Income
1 700
1 700
1 700
1 700
Total tax
320
247
302
365
After tax
1 380
1 453
1 398
1 335
Living cost
202
202
202
202
Free-cash
1 178
1 251
1 196
1 133

Estimated living cost  is $202 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
$1299
$1244
$1181
$1245
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
-
-
-
1 700
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
-
-
-
255
total
-
-
-
365
Employee
204
-
1 619
-
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
-
162
-
total
49
-
222
-
Employer
204
-
1 619
-
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
1 456
1 700
-
-
income
146
170
-
-
total
146
170
-
-
Dividends
1 310
1 530
-
-
withholding
66
77
-
-
total
66
77
-
-
Income
1 700
1 700
1 700
1 700
Total tax
301
247
302
365
After tax
1 399
1 453
1 398
1 335
Living cost
154
154
154
154
Free-cash
1 245
1 299
1 244
1 181

Estimated living cost  is $154 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
$969
$893
$908
$904
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
-
-
-
1 700
social contributions
-
-
-
191
health
-
-
-
43
income
-
-
-
285
total
-
-
-
519
Employee
907
907
1 569
-
health
7
15
27
-
social contributions
34
75
101
-
income
99
84
276
-
total
140
174
404
-
Employer
907
907
1 569
-
social contributions
34
75
101
-
health
8
17
29
-
total
42
92
130
-
Corporate
1 245
701
-
-
income
156
88
-
-
total
156
88
-
-
Dividends
1 089
614
-
-
withholding
185
104
-
-
total
185
104
-
-
Income
1 700
1 700
1 700
1 700
Total tax
523
458
534
519
After tax
1 177
1 242
1 166
1 181
Living cost
273
273
273
273
Free-cash
904
969
893
908

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
$860
$784
$799
$811
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
-
-
-
1 700
social contributions
-
-
-
191
health
-
-
-
43
income
-
-
-
285
total
-
-
-
519
Employee
907
907
1 569
-
health
9
15
27
-
social contributions
44
75
101
-
income
95
84
276
-
total
148
174
404
-
Employer
907
907
1 569
-
social contributions
44
75
101
-
health
10
17
29
-
total
54
92
130
-
Corporate
1 115
701
-
-
income
139
88
-
-
total
139
88
-
-
Dividends
976
614
-
-
withholding
166
104
-
-
total
166
104
-
-
Income
1 700
1 700
1 700
1 700
Total tax
507
458
534
519
After tax
1 193
1 242
1 166
1 181
Living cost
382
382
382
382
Free-cash
811
860
784
799

Estimated living cost  is $382 per week

$261
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
$893
$587
$634
$795
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
-
-
-
1 700
social contributions
-
-
-
399
health
-
-
-
229
solidarity contribution
-
-
-
-
income
-
-
-
161
total
-
-
-
789
Employee
407
-
1 269
-
health
55
-
171
-
social contributions
26
-
82
-
solidarity contribution
-
-
-
-
income
49
-
152
-
total
130
-
405
-
Employer
407
-
1 269
-
social contributions
102
-
317
-
health
37
-
114
-
total
139
-
431
-
Corporate
1 154
1 700
-
-
income
219
323
-
-
total
219
323
-
-
Dividends
935
1 377
-
-
withholding
140
207
-
-
total
140
207
-
-
Income
1 700
1 700
1 700
1 700
Total tax
628
530
836
789
After tax
1 072
1 170
864
911
Living cost
277
277
277
277
Free-cash
795
893
587
634

Estimated living cost  is $277 per week

$192
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.
$59
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
$829
$523
$570
$708
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
-
-
-
1 700
social contributions
-
-
-
399
health
-
-
-
229
solidarity contribution
-
-
-
-
income
-
-
-
161
total
-
-
-
789
Employee
502
-
1 269
-
health
68
-
171
-
social contributions
33
-
82
-
solidarity contribution
-
-
-
-
income
60
-
152
-
total
161
-
405
-
Employer
502
-
1 269
-
social contributions
125
-
317
-
health
45
-
114
-
total
170
-
431
-
Corporate
1 027
1 700
-
-
income
195
323
-
-
total
195
323
-
-
Dividends
832
1 377
-
-
withholding
125
207
-
-
total
125
207
-
-
Income
1 700
1 700
1 700
1 700
Total tax
651
530
836
789
After tax
1 049
1 170
864
911
Living cost
341
341
341
341
Free-cash
708
829
523
570

Estimated living cost  is $341 per week

$254
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
-$877
-$877
$455
-$877
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
-
-
-
1 700
labour market
-
-
-
135
municipal
-
-
-
343
pensions
-
-
-
10
national
-
-
-
187
total
-
-
-
675
Employee
2 404
2 404
2 404
-
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
2 404
2 404
2 404
-
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
1 700
1 700
1 700
1 700
Total tax
2 007
2 007
2 007
675
After tax
-307
-307
-307
1 025
Living cost
570
570
570
570
Free-cash
-877
-877
-877
455

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
$1075
$696
$626
$1002
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
-
-
-
1 700
health
-
-
-
221
pensions
-
-
-
340
income
-
-
-
228
total
-
-
-
789
Employee
334
-
1 271
-
pensions
7
-
25
-
unemployment
5
-
20
-
income
38
-
245
-
total
50
-
290
-
Employer
334
-
1 271
-
pensions
67
-
254
-
unemployment
3
-
10
-
health
43
-
165
-
total
113
-
429
-
Corporate
1 252
1 700
-
-
income
250
340
-
-
total
250
340
-
-
Dividends
1 002
1 360
-
-
total
-
-
-
-
Income
1 700
1 700
1 700
1 700
Total tax
413
340
719
789
After tax
1 287
1 360
981
911
Living cost
285
285
285
285
Free-cash
1 002
1 075
696
626

Estimated living cost  is $285 per week

$195
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
$635
$464
$696
$653
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

-
-
-
1 700
health
-
-
-
21
municipal
-
-
-
302
national
-
-
-
228
total
-
-
-
551
Employee
620
-
1 430
-
health
5
-
17
-
municipal
102
-
233
-
pensions
42
-
97
-
national
10
-
146
-
unemployment
9
-
21
-
total
168
-
514
-
Employer
620
-
1 430
-
accident
1
-
1
-
unemployment
4
-
9
-
health
5
-
11
-
pensions
108
-
248
-
total
118
-
269
-
Corporate
963
1 700
-
-
income
193
340
-
-
total
193
340
-
-
Dividends

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

578
1 020
-
-
municipal
104
184
-
-
national
11
88
-
-
total
115
272
-
-
Income
1 700
1 700
1 700
1 700
Total tax
594
612
783
551
After tax
1 106
1 088
917
1 149
Living cost
453
453
453
453
Free-cash
653
635
464
696

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
$493
$613
$601
$560
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
-
-
-
1 700
social contributions
-
-
-
48
health
-
-
-
60
pensions
-
-
-
339
other
-
-
-
53
income
-
-
-
236
surtax
-
-
-
-
total
-
-
-
736
Employee
450
-
1 338
-
income
23
-
240
-
social contributions
13
-
38
-
pensions
51
-
84
-
surtax
-
-
-
-
total
87
-
362
-
Employer
450
-
1 338
-
pensions
74
-
143
-
social contributions
1
-
4
-
unemployment
18
-
54
-
health
32
-
113
-
other
16
-
48
-
total
141
-
362
-
Corporate
1 109
1 700
-
-
surtax
-
-
-
-
income
310
476
-
-
total
310
476
-
-
Dividends
798
1 224
-
-
surtax
-
-
-
-
withholding
102
157
-
-
social contributions
137
211
-
-
total
239
368
-
-
Income
1 700
1 700
1 700
1 700
Total tax
777
844
724
736
After tax
923
856
976
964
Living cost
363
363
363
363
Free-cash
560
493
613
601

Estimated living cost  is $363 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
$453
$573
$561
$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
-
-
-
1 700
social contributions
-
-
-
48
health
-
-
-
60
pensions
-
-
-
339
other
-
-
-
53
income
-
-
-
236
surtax
-
-
-
-
total
-
-
-
736
Employee
505
-
1 338
-
income
30
-
240
-
social contributions
14
-
38
-
pensions
57
-
84
-
surtax
-
-
-
-
total
101
-
362
-
Employer
505
-
1 338
-
pensions
83
-
143
-
social contributions
2
-
4
-
unemployment
20
-
54
-
health
35
-
113
-
other
17
-
48
-
total
157
-
362
-
Corporate
1 038
1 700
-
-
surtax
-
-
-
-
income
291
476
-
-
total
291
476
-
-
Dividends
747
1 224
-
-
surtax
-
-
-
-
withholding
96
157
-
-
social contributions
129
211
-
-
total
225
368
-
-
Income
1 700
1 700
1 700
1 700
Total tax
774
844
724
736
After tax
926
856
976
964
Living cost
403
403
403
403
Free-cash
523
453
573
561

Estimated living cost  is $403 per week

$254
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.
$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
Paris , France
$287
$407
$395
$369
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
-
-
-
1 700
social contributions
-
-
-
48
health
-
-
-
60
pensions
-
-
-
339
other
-
-
-
53
income
-
-
-
236
surtax
-
-
-
-
total
-
-
-
736
Employee
738
-
1 338
-
income
64
-
240
-
social contributions
21
-
38
-
pensions
84
-
84
-
surtax
-
-
-
-
total
169
-
362
-
Employer
738
-
1 338
-
pensions
121
-
143
-
social contributions
2
-
4
-
unemployment
30
-
54
-
health
52
-
113
-
other
25
-
48
-
total
230
-
362
-
Corporate
731
1 700
-
-
surtax
-
-
-
-
income
205
476
-
-
total
205
476
-
-
Dividends
526
1 224
-
-
surtax
-
-
-
-
withholding
67
157
-
-
social contributions
91
211
-
-
total
158
368
-
-
Income
1 700
1 700
1 700
1 700
Total tax
762
844
724
736
After tax
938
856
976
964
Living cost
569
569
569
569
Free-cash
369
287
407
395

Estimated living cost  is $569 per week

$385
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
$1532
$1277
$1600
$1516
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%.

-
-
-
1 700
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
104
-
1 700
-
income
21
-
340
-
total
21
-
340
-
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%.

1 596
1 700
-
-
total
-
-
-
-
Dividends
1 596
1 700
-
-
withholding
80
85
-
-
total
80
85
-
-
Income
1 700
1 700
1 700
1 700
Total tax
101
85
340
17
After tax
1 599
1 615
1 360
1 683
Living cost
83
83
83
83
Free-cash
1 516
1 532
1 277
1 600

Estimated living cost  is $83 per week

$51
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
$1486
$1231
$1554
$1462
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%.

-
-
-
1 700
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
162
-
1 700
-
income
32
-
340
-
total
32
-
340
-
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%.

1 538
1 700
-
-
total
-
-
-
-
Dividends
1 538
1 700
-
-
withholding
77
85
-
-
total
77
85
-
-
Income
1 700
1 700
1 700
1 700
Total tax
109
85
340
17
After tax
1 591
1 615
1 360
1 683
Living cost
129
129
129
129
Free-cash
1 462
1 486
1 231
1 554

Estimated living cost  is $129 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
$421
$653
$488
$575
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.

-
-
-
1 700
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
-
-
-
165
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.

-
-
-
484
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.

-
-
-
27
total
-
-
-
757
Employee

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

587
-
1 700
-
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
-
27
-
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
-
484
-
total
132
-
592
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 113
1 700
-
-
trade
160
244
-
-
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
167
255
-
-
total
339
517
-
-
Dividends
774
1 183
-
-
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
189
291
-
-
total
199
307
-
-
Income
1 700
1 700
1 700
1 700
Total tax
670
824
592
757
After tax
1 030
876
1 108
943
Living cost
455
455
455
455
Free-cash
575
421
653
488

Estimated living cost  is $455 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
$501
$751
$570
$631
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.

-
-
-
1 700
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.

-
-
-
484
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.

-
-
-
27
total
-
-
-
773
Employee

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

451
-
1 700
-
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
-
27
-
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
-
484
-
total
95
-
592
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 249
1 700
-
-
trade
197
268
-
-
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
187
255
-
-
total
398
541
-
-
Dividends
851
1 159
-
-
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
16
-
-
withholding
208
285
-
-
total
219
301
-
-
Income
1 700
1 700
1 700
1 700
Total tax
712
842
592
773
After tax
988
858
1 108
927
Living cost
357
357
357
357
Free-cash
631
501
751
570

Estimated living cost  is $357 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
$386
$645
$456
$553
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.

-
-
-
1 700
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.

-
-
-
484
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.

-
-
-
27
total
-
-
-
781
Employee

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

598
-
1 700
-
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
-
27
-
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
-
484
-
total
135
-
592
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 102
1 700
-
-
trade
181
280
-
-
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
165
255
-
-
total
358
553
-
-
Dividends
743
1 147
-
-
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
181
282
-
-
total
191
298
-
-
Income
1 700
1 700
1 700
1 700
Total tax
684
851
592
781
After tax
1 016
849
1 108
919
Living cost
463
463
463
463
Free-cash
553
386
645
456

Estimated living cost  is $463 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
$301
$568
$370
$491
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.

-
-
-
1 700
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
-
-
-
198
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.

-
-
-
484
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.

-
-
-
27
total
-
-
-
790
Employee

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

709
-
1 700
-
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
-
27
-
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
-
484
-
total
169
-
592
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
991
1 700
-
-
trade
170
292
-
-
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
149
255
-
-
total
330
565
-
-
Dividends
661
1 135
-
-
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
161
279
-
-
total
170
294
-
-
Income
1 700
1 700
1 700
1 700
Total tax
669
859
592
790
After tax
1 031
841
1 108
910
Living cost
540
540
540
540
Free-cash
491
301
568
370

Estimated living cost  is $540 per week

$394
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.
$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

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
$804
$496
$541
$767
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
-
-
-
1 700
unemployment
-
-
-
3
health
-
-
-
112
pensions
-
-
-
315
other
-
-
-
-
income
-
-
-
406
surtax
-
-
-
58
total
-
-
-
894
Employee
397
-
1 404
-
health
10
-
36
-
pensions
26
-
94
-
surtax
1
-
51
-
other
-
-
-
-
unemployment
28
-
98
-
income
67
-
364
-
total
132
-
643
-
Employer
397
-
1 404
-
pensions
53
-
187
-
unemployment
13
-
45
-
health
18
-
64
-
other
-
-
-
-
total
84
-
296
-
Corporate
1 219
1 700
-
-
income
317
442
-
-
total
317
442
-
-
Dividends
902
1 258
-
-
withholding
135
189
-
-
total
135
189
-
-
Income
1 700
1 700
1 700
1 700
Total tax
668
631
939
894
After tax
1 032
1 069
761
806
Living cost
265
265
265
265
Free-cash
767
804
496
541

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
$809
$501
$546
$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
-
-
-
1 700
unemployment
-
-
-
3
health
-
-
-
112
pensions
-
-
-
315
other
-
-
-
-
income
-
-
-
406
surtax
-
-
-
58
total
-
-
-
894
Employee
390
-
1 404
-
health
10
-
36
-
pensions
26
-
94
-
surtax
1
-
51
-
other
-
-
-
-
unemployment
27
-
98
-
income
65
-
364
-
total
129
-
643
-
Employer
390
-
1 404
-
pensions
52
-
187
-
unemployment
12
-
45
-
health
18
-
64
-
other
-
-
-
-
total
82
-
296
-
Corporate
1 228
1 700
-
-
income
319
442
-
-
total
319
442
-
-
Dividends
909
1 258
-
-
withholding
136
189
-
-
total
136
189
-
-
Income
1 700
1 700
1 700
1 700
Total tax
666
631
939
894
After tax
1 034
1 069
761
806
Living cost
260
260
260
260
Free-cash
774
809
501
546

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
$724
$753
$944
$727
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
-
-
-
1 700
unemployment
-
-
-
26
health
-
-
-
119
pensions
-
-
-
170
income
-
-
-
208
total
-
-
-
523
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.

337
134
1 423
-
health
24
9
100
-
pensions
34
13
142
-
unemployment
5
2
21
-
income
41
16
174
-
total
104
40
437
-
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.

337
134
1 423
-
pensions
66
26
277
-
total
66
26
277
-
Corporate
1 297
1 540
-
-
income
117
139
-
-
total
117
139
-
-
Dividends
1 181
1 401
-
-
withholding
224
266
-
-
social contributions
229
272
-
-
total
453
538
-
-
Income
1 700
1 700
1 700
1 700
Total tax
740
743
714
523
After tax
960
957
986
1 177
Living cost
233
233
233
233
Free-cash
727
724
753
944

Estimated living cost  is $233 per week

$159
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
$464
$425
$413
$454
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
-
-
-
1 700
social contributions
-
-
-
18
municipal
-
-
-
184
pensions
-
-
-
204
national
-
-
-
284
total
-
-
-
690
Employee
925
-
1 470
-
municipal
114
-
190
-
pensions
37
-
59
-
national
177
-
295
-
total
328
-
544
-
Employer
925
-
1 470
-
social contributions
10
-
16
-
pensions
74
-
118
-
total
84
-
134
-
Corporate
630
1 700
-
-
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%.

126
340
-
-
total
126
340
-
-
Dividends
504
1 360
-
-
withholding
111
299
-
-
total
111
299
-
-
Income
1 700
1 700
1 700
1 700
Total tax
649
639
678
690
After tax
1 051
1 061
1 022
1 010
Living cost
597
597
597
597
Free-cash
454
464
425
413

Estimated living cost  is $597 per week

$406
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
$519
$268
$268
$544
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
-
-
-
1 700
social contributions
-
-
-
275
income
-
-
-
485
total
-
-
-
760
Employee
922
-
1 700
-
social contributions
77
-
275
-
income
174
-
485
-
total
251
-
760
-
Employer
922
-
1 700
-
total
-
-
-
-
Corporate
778
1 700
-
-
income
97
212
-
-
total
97
212
-
-
Dividends
680
1 488
-
-
withholding
136
297
-
-
total
136
297
-
-
Income
1 700
1 700
1 700
1 700
Total tax
484
509
760
760
After tax
1 216
1 191
940
940
Living cost
672
672
672
672
Free-cash
544
519
268
268

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
$409
$257
$337
$347
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 700
regional
-
-
-
20
social contributions
-
-
-
437
municipal
-
-
-
10
national
-
-
-
398
total
-
-
-
865
Employee
1 048
-
1 700
-
regional
10
-
17
-
municipal
6
-
9
-
social contributions
353
-
573
-
national
182
-
346
-
total
551
-
945
-
Employer
1 048
-
1 700
-
total
-
-
-
-
Corporate
652
1 700
-
-
nationa
157
408
-
-
municipal
25
66
-
-
total
182
474
-
-
Dividends
470
1 226
-
-
withholding
122
319
-
-
total
122
319
-
-
Income
1 700
1 700
1 700
1 700
Total tax
855
793
945
865
After tax
845
907
755
835
Living cost
498
498
498
498
Free-cash
347
409
257
337

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.
$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
Naples , Italy
$576
$431
$511
$549
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
-
-
-
1 700
regional
-
-
-
26
social contributions
-
-
-
437
municipal
-
-
-
10
national
-
-
-
398
total
-
-
-
871
Employee
654
-
1 700
-
regional
9
-
23
-
municipal
3
-
9
-
social contributions
221
-
573
-
national
104
-
346
-
total
337
-
951
-
Employer
654
-
1 700
-
total
-
-
-
-
Corporate
1 046
1 700
-
-
nationa
251
408
-
-
municipal
52
84
-
-
total
303
492
-
-
Dividends
743
1 208
-
-
withholding
193
314
-
-
total
193
314
-
-
Income
1 700
1 700
1 700
1 700
Total tax
833
806
951
871
After tax
867
894
749
829
Living cost
318
318
318
318
Free-cash
549
576
431
511

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.
$82
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