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
$897
$1118
$942
$1159
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
-
-
-
58
total
-
-
-
432
Employee
397
-
1 472
-
social contributions
26
-
96
-
income
-
-
63
-
total
26
-
159
-
Employer
397
-
1 472
-
social contributions
61
-
228
-
total
61
-
228
-
Corporate
1 242
1 700
-
-
income
124
170
-
-
total
124
170
-
-
Dividends
1 118
1 530
-
-
total
-
-
-
-
Income
1 700
1 700
1 700
1 700
Total tax
211
170
387
432
After tax
1 489
1 530
1 313
1 268
Living cost
371
371
371
371
Free-cash
1 118
1 159
942
897

Estimated living cost  is $371 per week

$240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$28
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$96
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Graz , Austria
$470
$548
$61
$552
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
surtax
-
-
-
-
unemployment
-
-
-
76
health
-
-
-
110
chamber of commerce
-
-
-
7
pensions
-
-
-
267
income
-
-
-
376
total
-
-
-
836
Employee
539
492
1 320
-
unemployment
16
15
40
-
other
5
5
13
-
income
48
36
307
-
pensions
55
50
135
-
health
21
19
51
-
total
145
125
546
-
Employer
539
492
1 320
-
pensions
68
62
166
-
surtax
-
-
-
-
payroll
16
15
40
-
other
26
23
63
-
health
20
19
50
-
accident
7
6
17
-
unemployment
16
15
40
-
chamber of commerce
2
2
5
-
total
155
142
381
-
Corporate
1 005
1 067
1 273
-
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.

251
267
318
-
total
251
267
318
-
Dividends
754
800
-
-
withholding
207
220
-
-
total
207
220
-
-
Income
1 700
1 700
1 700
1 700
Total tax
758
754
1 245
836
After tax
942
946
455
864
Living cost
394
394
394
394
Free-cash
548
552
61
470

Estimated living cost  is $394 per week

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

Additional information

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

Vienna , Austria
$427
$495
$20
$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
surtax
-
-
-
2
unemployment
-
-
-
76
health
-
-
-
110
chamber of commerce
-
-
-
7
pensions
-
-
-
267
income
-
-
-
376
total
-
-
-
838
Employee
617
492
1 318
-
unemployment
18
15
40
-
other
6
5
13
-
income
70
36
306
-
pensions
63
50
135
-
health
24
19
51
-
total
181
125
545
-
Employer
617
492
1 318
-
pensions
77
62
165
-
surtax
2
2
2
-
payroll
18
15
40
-
other
29
23
63
-
health
23
19
50
-
accident
8
6
17
-
unemployment
18
15
40
-
chamber of commerce
2
2
5
-
total
177
144
382
-
Corporate
904
1 064
1 271
-
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.

226
266
318
-
total
226
266
318
-
Dividends
678
798
-
-
withholding
186
220
-
-
total
186
220
-
-
Income
1 700
1 700
1 700
1 700
Total tax
770
755
1 245
838
After tax
930
945
455
862
Living cost
435
435
435
435
Free-cash
495
510
20
427

Estimated living cost  is $435 per week

$290
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.
$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

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
$301
$319
$175
$502
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
national
-
-
-
595
communal

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

-
-
-
86
social contributions
-
-
-
268
total
-
-
-
949
Employee

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

883
-
1 317
-
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
271
-
451
-
communal

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

46
-
69
-
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
-
99
-
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
-
62
-
total
432
-
692
-
Employer

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

883
-
1 317
-
surtax
100
-
149
-
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
-
117
-
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
-
81
-
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
256
-
383
-
Corporate
561
1 700
-
-
income
112
340
-
-
surtax
2
7
-
-
total
114
347
-
-
Dividends
446
1 353
-
-
withholding

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

129
401
-
-
total
129
401
-
-
Income
1 700
1 700
1 700
1 700
Total tax
931
748
1 075
949
After tax
769
952
625
751
Living cost
450
450
450
450
Free-cash
319
502
175
301

Estimated living cost  is $450 per week

$290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$39
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sofia , Bulgaria
$1117
$1167
$1178
$1241
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
-
-
-
50
pensions

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

-
-
-
64
income
-
-
-
255
total
-
-
-
371
Employee
281
-
1 615
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
income
28
-
162
-
pensions

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

25
-
38
-
health
13
-
20
-
total
69
-
225
-
Employer
281
-
1 615
-
pensions

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

31
-
47
-
health
19
-
30
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
unemployment
2
-
3
-
total
55
-
85
-
Corporate
1 364
1 700
-
-
income
136
170
-
-
total
136
170
-
-
Dividends
1 227
1 530
-
-
withholding
61
77
-
-
total
61
77
-
-
Income
1 700
1 700
1 700
1 700
Total tax
321
247
310
371
After tax
1 379
1 453
1 390
1 329
Living cost
212
212
212
212
Free-cash
1 167
1 241
1 178
1 117

Estimated living cost  is $212 per week

$140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$55
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
$1167
$1235
$1228
$1291
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
-
-
-
50
pensions

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

-
-
-
64
income
-
-
-
255
total
-
-
-
371
Employee
214
-
1 615
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
income
21
-
162
-
pensions

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

19
-
38
-
health
10
-
20
-
total
52
-
225
-
Employer
214
-
1 615
-
pensions

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

24
-
47
-
health
15
-
30
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
unemployment
1
-
3
-
total
42
-
85
-
Corporate
1 444
1 700
-
-
income
144
170
-
-
total
144
170
-
-
Dividends
1 299
1 530
-
-
withholding
65
77
-
-
total
65
77
-
-
Income
1 700
1 700
1 700
1 700
Total tax
303
247
310
371
After tax
1 397
1 453
1 390
1 329
Living cost
162
162
162
162
Free-cash
1 235
1 291
1 228
1 167

Estimated living cost  is $162 per week

$94
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$51
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Larnaca , Cyprus
$900
$889
$883
$955
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
-
-
-
43
social contributions
-
-
-
200
income
-
-
-
271
total
-
-
-
514
Employee
949
949
1 565
-
income
103
88
263
-
social contributions
36
79
106
-
health
7
16
27
-
total
146
183
396
-
Employer
949
949
1 565
-
social contributions
36
79
106
-
health
8
18
29
-
total
44
97
135
-
Corporate
1 224
655
-
-
income
153
82
-
-
total
153
82
-
-
Dividends
1 071
573
-
-
withholding
182
97
-
-
total
182
97
-
-
Income
1 700
1 700
1 700
1 700
Total tax
525
459
531
514
After tax
1 175
1 241
1 169
1 186
Living cost
286
286
286
286
Free-cash
889
955
883
900

Estimated living cost  is $286 per week

$171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$28
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$80
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
$786
$791
$769
$841
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
-
-
-
43
social contributions
-
-
-
200
income
-
-
-
271
total
-
-
-
514
Employee
949
949
1 565
-
income
100
88
263
-
social contributions
46
79
106
-
health
9
16
27
-
total
155
183
396
-
Employer
949
949
1 565
-
social contributions
46
79
106
-
health
10
18
29
-
total
56
97
135
-
Corporate
1 088
655
-
-
income
136
82
-
-
total
136
82
-
-
Dividends
952
573
-
-
withholding
162
97
-
-
total
162
97
-
-
Income
1 700
1 700
1 700
1 700
Total tax
509
459
531
514
After tax
1 191
1 241
1 169
1 186
Living cost
400
400
400
400
Free-cash
791
841
769
786

Estimated living cost  is $400 per week

$274
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.
$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
Brno , Czech Republic
$616
$784
$579
$885
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
-
-
-
229
social contributions
-
-
-
411
income
-
-
-
159
solidarity contribution
-
-
-
-
total
-
-
-
799
Employee
420
-
1 269
-
income
50
-
152
-
social contributions
27
-
82
-
health
57
-
171
-
solidarity contribution
-
-
-
-
total
134
-
405
-
Employer
420
-
1 269
-
social contributions
105
-
317
-
health
38
-
114
-
total
143
-
431
-
Corporate
1 138
1 700
-
-
income
216
323
-
-
total
216
323
-
-
Dividends
922
1 377
-
-
withholding
138
207
-
-
total
138
207
-
-
Income
1 700
1 700
1 700
1 700
Total tax
631
530
836
799
After tax
1 069
1 170
864
901
Living cost
285
285
285
285
Free-cash
784
885
579
616

Estimated living cost  is $285 per week

$198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$61
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
$549
$693
$512
$818
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
-
-
-
229
social contributions
-
-
-
411
income
-
-
-
159
solidarity contribution
-
-
-
-
total
-
-
-
799
Employee
517
-
1 269
-
income
62
-
152
-
social contributions
34
-
82
-
health
70
-
171
-
solidarity contribution
-
-
-
-
total
166
-
405
-
Employer
517
-
1 269
-
social contributions
129
-
317
-
health
47
-
114
-
total
176
-
431
-
Corporate
1 007
1 700
-
-
income
191
323
-
-
total
191
323
-
-
Dividends
816
1 377
-
-
withholding
122
207
-
-
total
122
207
-
-
Income
1 700
1 700
1 700
1 700
Total tax
655
530
836
799
After tax
1 045
1 170
864
901
Living cost
352
352
352
352
Free-cash
693
818
512
549

Estimated living cost  is $352 per week

$261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$19
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$65
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
$434
-$995
-$995
-$995
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
national
-
-
-
184
pensions
-
-
-
11
municipal
-
-
-
340
labour market
-
-
-
135
total
-
-
-
670
Employee
2 515
2 515
2 515
-
municipal
535
535
535
-
national
307
307
307
-
pensions
4
4
4
-
labour market
201
201
201
-
total
1 047
1 047
1 047
-
Employer
2 515
2 515
2 515
-
pensions
7
7
7
-
labour market
201
201
201
-
municipal
536
536
536
-
national
308
308
308
-
total
1 052
1 052
1 052
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
1 700
1 700
1 700
1 700
Total tax
2 099
2 099
2 099
670
After tax
-399
-399
-399
1 030
Living cost
596
596
596
596
Free-cash
-995
-995
-995
434

Estimated living cost  is $596 per week

$408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$53
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$9
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
$613
$986
$683
$1062
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
350
-
1 271
-
unemployment
6
-
20
-
income
39
-
245
-
pensions
7
-
25
-
total
52
-
290
-
Employer
350
-
1 271
-
pensions
70
-
254
-
health
45
-
165
-
unemployment
3
-
10
-
total
118
-
429
-
Corporate
1 232
1 700
-
-
income
246
340
-
-
total
246
340
-
-
Dividends
985
1 360
-
-
total
-
-
-
-
Income
1 700
1 700
1 700
1 700
Total tax
416
340
719
789
After tax
1 284
1 360
981
911
Living cost
298
298
298
298
Free-cash
986
1 062
683
613

Estimated living cost  is $298 per week

$204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$70
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Helsinki , Finland
$681
$632
$449
$620
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
national
-
-
-
222
health
-
-
-
21
municipal
-
-
-
302
total
-
-
-
545
Employee
649
-
1 430
-
unemployment
10
-
21
-
municipal
106
-
233
-
national
11
-
140
-
pensions
44
-
97
-
health
5
-
17
-
total
176
-
508
-
Employer
649
-
1 430
-
pensions
113
-
248
-
health
5
-
11
-
accident
1
-
1
-
unemployment
4
-
9
-
total
123
-
269
-
Corporate
928
1 700
-
-
income
186
340
-
-
total
186
340
-
-
Dividends

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

557
1 020
-
-
municipal
100
184
-
-
national
9
82
-
-
total
109
266
-
-
Income
1 700
1 700
1 700
1 700
Total tax
594
606
777
545
After tax
1 106
1 094
923
1 155
Living cost
474
474
474
474
Free-cash
632
620
449
681

Estimated living cost  is $474 per week

$309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$46
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Marseille , France
$586
$547
$608
$476
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
surtax
-
-
-
-
health
-
-
-
57
pensions
-
-
-
348
social contributions
-
-
-
48
income
-
-
-
228
other
-
-
-
53
total
-
-
-
734
Employee
471
-
1 344
-
income
24
-
236
-
surtax
-
-
-
-
social contributions
13
-
38
-
pensions
53
-
82
-
total
90
-
356
-
Employer
471
-
1 344
-
pensions
77
-
140
-
social contributions
1
-
4
-
other
16
-
47
-
health
33
-
111
-
unemployment
19
-
54
-
total
146
-
356
-
Corporate
1 081
1 700
-
-
income
303
476
-
-
surtax
-
-
-
-
total
303
476
-
-
Dividends
779
1 224
-
-
withholding
100
157
-
-
social contributions
134
211
-
-
surtax
-
-
-
-
total
234
368
-
-
Income
1 700
1 700
1 700
1 700
Total tax
773
844
712
734
After tax
927
856
988
966
Living cost
380
380
380
380
Free-cash
547
476
608
586

Estimated living cost  is $380 per week

$221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$39
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
$544
$507
$566
$434
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
surtax
-
-
-
-
health
-
-
-
57
pensions
-
-
-
348
social contributions
-
-
-
48
income
-
-
-
228
other
-
-
-
53
total
-
-
-
734
Employee
528
-
1 344
-
income
31
-
236
-
surtax
-
-
-
-
social contributions
15
-
38
-
pensions
60
-
82
-
total
106
-
356
-
Employer
528
-
1 344
-
pensions
87
-
140
-
social contributions
2
-
4
-
other
18
-
47
-
health
37
-
111
-
unemployment
21
-
54
-
total
165
-
356
-
Corporate
1 007
1 700
-
-
income
282
476
-
-
surtax
-
-
-
-
total
282
476
-
-
Dividends
725
1 224
-
-
withholding
93
157
-
-
social contributions
125
211
-
-
surtax
-
-
-
-
total
218
368
-
-
Income
1 700
1 700
1 700
1 700
Total tax
771
844
712
734
After tax
929
856
988
966
Living cost
422
422
422
422
Free-cash
507
434
566
544

Estimated living cost  is $422 per week

$266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Paris , France
$370
$347
$392
$260
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
surtax
-
-
-
-
health
-
-
-
57
pensions
-
-
-
348
social contributions
-
-
-
48
income
-
-
-
228
other
-
-
-
53
total
-
-
-
734
Employee
773
-
1 344
-
income
67
-
236
-
surtax
-
-
-
-
social contributions
22
-
38
-
pensions
87
-
82
-
total
176
-
356
-
Employer
773
-
1 344
-
pensions
127
-
140
-
social contributions
2
-
4
-
other
27
-
47
-
health
54
-
111
-
unemployment
31
-
54
-
total
241
-
356
-
Corporate
686
1 700
-
-
income
192
476
-
-
surtax
-
-
-
-
total
192
476
-
-
Dividends
494
1 224
-
-
withholding
63
157
-
-
social contributions
85
211
-
-
surtax
-
-
-
-
total
148
368
-
-
Income
1 700
1 700
1 700
1 700
Total tax
757
844
712
734
After tax
943
856
988
966
Living cost
596
596
596
596
Free-cash
347
260
392
370

Estimated living cost  is $596 per week

$403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$49
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$136
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
$1604
$1521
$1281
$1536
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
99
-
1 700
-
income
20
-
340
-
total
20
-
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%.

1 601
1 700
-
-
total
-
-
-
-
Dividends
1 601
1 700
-
-
withholding
80
85
-
-
total
80
85
-
-
Income
1 700
1 700
1 700
1 700
Total tax
100
85
340
17
After tax
1 600
1 615
1 360
1 683
Living cost
79
79
79
79
Free-cash
1 521
1 536
1 281
1 604

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
$1560
$1469
$1237
$1492
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
154
-
1 700
-
income
31
-
340
-
total
31
-
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%.

1 546
1 700
-
-
total
-
-
-
-
Dividends
1 546
1 700
-
-
withholding
77
85
-
-
total
77
85
-
-
Income
1 700
1 700
1 700
1 700
Total tax
108
85
340
17
After tax
1 592
1 615
1 360
1 683
Living cost
123
123
123
123
Free-cash
1 469
1 492
1 237
1 560

Estimated living cost  is $123 per week

$83
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
$479
$562
$641
$400
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
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.

-
-
-
26
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.

-
-
-
473
trade
-
-
-
162
total
-
-
-
745
Employee

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

614
-
1 700
-
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
-
473
-
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
-
26
-
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
-
583
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 086
1 700
-
-
trade
156
244
-
-
income
163
255
-
-
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
331
517
-
-
Dividends
755
1 183
-
-
withholding
184
291
-
-
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
194
307
-
-
Income
1 700
1 700
1 700
1 700
Total tax
662
824
583
745
After tax
1 038
876
1 117
955
Living cost
476
476
476
476
Free-cash
562
400
641
479

Estimated living cost  is $476 per week

$329
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.
$90
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
$566
$622
$743
$484
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
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.

-
-
-
26
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.

-
-
-
473
trade
-
-
-
177
total
-
-
-
760
Employee

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

472
-
1 700
-
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
-
473
-
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
-
26
-
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
-
583
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 228
1 700
-
-
trade
193
268
-
-
income
184
255
-
-
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
391
541
-
-
Dividends
837
1 159
-
-
withholding
204
285
-
-
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
-
-
total
215
301
-
-
Income
1 700
1 700
1 700
1 700
Total tax
704
842
583
760
After tax
996
858
1 117
940
Living cost
374
374
374
374
Free-cash
622
484
743
566

Estimated living cost  is $374 per week

$235
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.
$88
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Hamburg , Germany
$447
$538
$632
$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

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

-
-
-
1 700
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.

-
-
-
26
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.

-
-
-
473
trade
-
-
-
185
total
-
-
-
768
Employee

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

626
-
1 700
-
income

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

54
-
473
-
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
-
26
-
health

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

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

84
-
84
-
total
141
-
583
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 074
1 700
-
-
trade
177
280
-
-
income
161
255
-
-
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
350
553
-
-
Dividends
724
1 147
-
-
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
1 700
1 700
1 700
1 700
Total tax
677
851
583
768
After tax
1 023
849
1 117
932
Living cost
485
485
485
485
Free-cash
538
364
632
447

Estimated living cost  is $485 per week

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

Additional information

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

Munich , Germany
$359
$476
$552
$276
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
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.

-
-
-
26
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.

-
-
-
473
trade
-
-
-
193
total
-
-
-
776
Employee

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

741
-
1 700
-
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
-
473
-
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
-
26
-
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
-
583
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
959
1 700
-
-
trade
164
292
-
-
income
144
255
-
-
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
319
565
-
-
Dividends
639
1 135
-
-
withholding
155
279
-
-
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
164
294
-
-
Income
1 700
1 700
1 700
1 700
Total tax
659
859
583
776
After tax
1 041
841
1 117
924
Living cost
565
565
565
565
Free-cash
476
276
552
359

Estimated living cost  is $565 per week

$413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$45
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Athens , Greece
$529
$753
$494
$792
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
surtax
-
-
-
55
unemployment
-
-
-
3
health
-
-
-
117
pensions
-
-
-
329
income
-
-
-
390
other
-
-
-
-
total
-
-
-
894
Employee
415
-
1 404
-
unemployment
29
-
98
-
other
-
-
-
-
income
70
-
356
-
surtax
1
-
49
-
pensions
28
-
94
-
health
11
-
36
-
total
139
-
633
-
Employer
415
-
1 404
-
pensions
55
-
187
-
other
-
-
-
-
health
19
-
64
-
unemployment
13
-
45
-
total
87
-
296
-
Corporate
1 197
1 700
-
-
income
311
442
-
-
total
311
442
-
-
Dividends
886
1 258
-
-
withholding
133
189
-
-
total
133
189
-
-
Income
1 700
1 700
1 700
1 700
Total tax
670
631
929
894
After tax
1 030
1 069
771
806
Living cost
277
277
277
277
Free-cash
753
792
494
529

Estimated living cost  is $277 per week

$167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$24
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$79
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Thessaloniki , Greece
$534
$760
$499
$797
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
surtax
-
-
-
55
unemployment
-
-
-
3
health
-
-
-
117
pensions
-
-
-
329
income
-
-
-
390
other
-
-
-
-
total
-
-
-
894
Employee
408
-
1 404
-
unemployment
28
-
98
-
other
-
-
-
-
income
68
-
356
-
surtax
1
-
49
-
pensions
27
-
94
-
health
10
-
36
-
total
134
-
633
-
Employer
408
-
1 404
-
pensions
54
-
187
-
other
-
-
-
-
health
19
-
64
-
unemployment
13
-
45
-
total
86
-
296
-
Corporate
1 206
1 700
-
-
income
314
442
-
-
total
314
442
-
-
Dividends
893
1 258
-
-
withholding
134
189
-
-
total
134
189
-
-
Income
1 700
1 700
1 700
1 700
Total tax
668
631
929
894
After tax
1 032
1 069
771
806
Living cost
272
272
272
272
Free-cash
760
797
499
534

Estimated living cost  is $272 per week

$166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$74
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Budapest , Hungary
$931
$714
$739
$709
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
-
-
-
25
health
-
-
-
119
pensions
-
-
-
170
income
-
-
-
208
total
-
-
-
522
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.

356
142
1 423
-
unemployment
5
2
21
-
income
44
17
174
-
pensions
36
14
142
-
health
25
10
100
-
total
110
43
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.

356
142
1 423
-
pensions
69
28
277
-
total
69
28
277
-
Corporate
1 274
1 531
-
-
income
115
138
-
-
total
115
138
-
-
Dividends
1 160
1 393
-
-
withholding
220
265
-
-
social contributions
225
270
-
-
total
445
535
-
-
Income
1 700
1 700
1 700
1 700
Total tax
739
744
714
522
After tax
961
956
986
1 178
Living cost
247
247
247
247
Free-cash
714
709
739
931

Estimated living cost  is $247 per week

$168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$53
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
$413
$455
$426
$465
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
national
-
-
-
285
pensions
-
-
-
204
social contributions
-
-
-
18
municipal
-
-
-
184
total
-
-
-
691
Employee
924
-
1 470
-
municipal
114
-
190
-
national
177
-
295
-
pensions
37
-
59
-
total
328
-
544
-
Employer
924
-
1 470
-
pensions
74
-
118
-
social contributions
10
-
16
-
total
84
-
134
-
Corporate
632
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
505
1 360
-
-
withholding
111
299
-
-
total
111
299
-
-
Income
1 700
1 700
1 700
1 700
Total tax
649
639
678
691
After tax
1 051
1 061
1 022
1 009
Living cost
596
596
596
596
Free-cash
455
465
426
413

Estimated living cost  is $596 per week

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

Additional information

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

Dublin , Ireland
$248
$514
$248
$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
-
-
-
1 700
social contributions
-
-
-
273
income
-
-
-
476
total
-
-
-
749
Employee
965
-
1 700
-
social contributions
80
-
273
-
income
182
-
476
-
total
262
-
749
-
Employer
965
-
1 700
-
total
-
-
-
-
Corporate
735
1 700
-
-
income
92
212
-
-
total
92
212
-
-
Dividends
643
1 488
-
-
withholding
129
298
-
-
total
129
298
-
-
Income
1 700
1 700
1 700
1 700
Total tax
483
510
749
749
After tax
1 217
1 190
951
951
Living cost
703
703
703
703
Free-cash
514
487
248
248

Estimated living cost  is $703 per week

$535
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$57
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Milan , Italy
$318
$321
$238
$386
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
national
-
-
-
394
regional
-
-
-
20
social contributions
-
-
-
437
municipal
-
-
-
10
total
-
-
-
861
Employee
1 096
-
1 700
-
municipal
6
-
9
-
national
190
-
342
-
social contributions
370
-
573
-
regional
10
-
17
-
total
576
-
941
-
Employer
1 096
-
1 700
-
total
-
-
-
-
Corporate
604
1 700
-
-
nationa
145
408
-
-
municipal
24
66
-
-
total
169
474
-
-
Dividends
435
1 226
-
-
withholding
113
319
-
-
total
113
319
-
-
Income
1 700
1 700
1 700
1 700
Total tax
858
793
941
861
After tax
842
907
759
839
Living cost
521
521
521
521
Free-cash
321
386
238
318

Estimated living cost  is $521 per week

$363
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.
$116
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
$501
$534
$421
$562
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
national
-
-
-
394
regional
-
-
-
26
social contributions
-
-
-
437
municipal
-
-
-
10
total
-
-
-
867
Employee
684
-
1 700
-
municipal
4
-
9
-
national
108
-
342
-
social contributions
231
-
573
-
regional
9
-
23
-
total
352
-
947
-
Employer
684
-
1 700
-
total
-
-
-
-
Corporate
1 016
1 700
-
-
nationa
244
408
-
-
municipal
50
84
-
-
total
294
492
-
-
Dividends
721
1 207
-
-
withholding
188
314
-
-
total
188
314
-
-
Income
1 700
1 700
1 700
1 700
Total tax
834
806
947
867
After tax
866
894
753
833
Living cost
332
332
332
332
Free-cash
534
562
421
501

Estimated living cost  is $332 per week

$207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$86
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source