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
$ 1750
per

Your estimated
City
free-cash

Andorra , Andorra
$1220
$992
$945
$1180
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
-
-
-
1 750
social contributions
-
-
-
385
income
-
-
-
65
total
-
-
-
450
Employee
379
-
1 515
-
social contributions
25
-
98
-
income
-
-
70
-
total
25
-
168
-
Employer
379
-
1 515
-
social contributions
59
-
235
-
total
59
-
235
-
Corporate
1 312
1 750
-
-
income
131
175
-
-
total
131
175
-
-
Dividends
1 181
1 575
-
-
total
-
-
-
-
Income
1 750
1 750
1 750
1 750
Total tax
215
175
403
450
After tax
1 535
1 575
1 347
1 300
Living cost
355
355
355
355
Free-cash
1 180
1 220
992
945

Estimated living cost  is $355 per week

$229
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$27
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$92
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Graz , Austria
$596
$79
$522
$590
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
-
-
-
1 750
chamber of commerce
-
-
-
7
unemployment
-
-
-
72
health
-
-
-
105
pensions
-
-
-
255
income
-
-
-
412
surtax
-
-
-
-
total
-
-
-
851
Employee
516
470
1 359
-
health
20
18
53
-
pensions
53
48
139
-
other
5
5
14
-
unemployment
15
14
41
-
income
46
35
326
-
total
139
120
573
-
Employer
516
470
1 359
-
pensions
65
59
171
-
accident
7
6
18
-
unemployment
15
14
41
-
surtax
-
-
-
-
payroll
15
14
41
-
chamber of commerce
2
2
5
-
health
20
18
51
-
other
25
22
65
-
total
149
135
392
-
Corporate
1 086
1 144
1 314
-
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.

271
286
329
-
total
271
286
329
-
Dividends
814
858
-
-
withholding
224
236
-
-
total
224
236
-
-
Income
1 750
1 750
1 750
1 750
Total tax
783
777
1 294
851
After tax
967
973
456
899
Living cost
377
377
377
377
Free-cash
590
596
79
522

Estimated living cost  is $377 per week

$226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$38
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Vienna , Austria
$556
$41
$481
$537
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 750
chamber of commerce
-
-
-
7
unemployment
-
-
-
72
health
-
-
-
105
pensions
-
-
-
255
income
-
-
-
412
surtax
-
-
-
2
total
-
-
-
853
Employee
590
470
1 357
-
health
23
18
53
-
pensions
60
48
139
-
other
6
5
14
-
unemployment
18
14
41
-
income
67
35
326
-
total
174
120
573
-
Employer
590
470
1 357
-
pensions
74
59
170
-
accident
8
6
18
-
unemployment
18
14
41
-
surtax
2
2
2
-
payroll
18
14
41
-
chamber of commerce
2
2
5
-
health
22
18
51
-
other
28
22
64
-
total
172
137
392
-
Corporate
988
1 142
1 312
-
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.

247
285
328
-
total
247
285
328
-
Dividends
741
856
-
-
withholding
204
236
-
-
total
204
236
-
-
Income
1 750
1 750
1 750
1 750
Total tax
797
778
1 293
853
After tax
953
972
457
897
Living cost
416
416
416
416
Free-cash
537
556
41
481

Estimated living cost  is $416 per week

$277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$35
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$96
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
$549
$203
$335
$372
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
-
-
-
1 750
social contributions
-
-
-
274
communal

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

-
-
-
89
national
-
-
-
622
total
-
-
-
985
Employee

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

844
-
1 355
-
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
-
64
-
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
-
102
-
communal

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

44
-
71
-
national
260
-
473
-
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
-
12
-
total
414
-
722
-
Employer

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

844
-
1 355
-
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
-
18
-
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
-
20
-
surtax
96
-
154
-
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
-
83
-
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
-
120
-
total
246
-
395
-
Corporate
660
1 750
-
-
surtax
3
7
-
-
income
132
350
-
-
total
135
357
-
-
Dividends
525
1 393
-
-
withholding

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

153
414
-
-
total
153
414
-
-
Income
1 750
1 750
1 750
1 750
Total tax
948
771
1 117
985
After tax
802
979
633
765
Living cost
430
430
430
430
Free-cash
372
549
203
335

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
$1293
$1240
$1175
$1220
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
-
-
-
1 750
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
-
-
-
262
total
-
-
-
372
Employee
269
-
1 669
-
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
-
167
-
total
66
-
227
-
Employer
269
-
1 669
-
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
1 429
1 750
-
-
income
143
175
-
-
total
143
175
-
-
Dividends
1 286
1 575
-
-
withholding
64
79
-
-
total
64
79
-
-
Income
1 750
1 750
1 750
1 750
Total tax
327
254
307
372
After tax
1 423
1 496
1 443
1 378
Living cost
203
203
203
203
Free-cash
1 220
1 293
1 240
1 175

Estimated living cost  is $203 per week

$134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$52
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
$1341
$1288
$1223
$1288
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
-
-
-
1 750
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
-
-
-
262
total
-
-
-
372
Employee
205
-
1 669
-
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
-
167
-
total
49
-
227
-
Employer
205
-
1 669
-
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
1 505
1 750
-
-
income
150
175
-
-
total
150
175
-
-
Dividends
1 355
1 575
-
-
withholding
68
79
-
-
total
68
79
-
-
Income
1 750
1 750
1 750
1 750
Total tax
307
254
307
372
After tax
1 443
1 496
1 443
1 378
Living cost
155
155
155
155
Free-cash
1 288
1 341
1 288
1 223

Estimated living cost  is $155 per week

$90
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$11
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$49
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Larnaca , Cyprus
$1005
$922
$939
$940
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
-
-
-
1 750
social contributions
-
-
-
191
health
-
-
-
45
income
-
-
-
302
total
-
-
-
538
Employee
908
908
1 618
-
health
7
15
28
-
social contributions
34
75
102
-
income
99
84
293
-
total
140
174
423
-
Employer
908
908
1 618
-
social contributions
34
75
102
-
health
8
17
30
-
total
42
92
132
-
Corporate
1 295
750
-
-
income
162
94
-
-
total
162
94
-
-
Dividends
1 133
657
-
-
withholding
193
112
-
-
total
193
112
-
-
Income
1 750
1 750
1 750
1 750
Total tax
537
472
555
538
After tax
1 213
1 278
1 195
1 212
Living cost
273
273
273
273
Free-cash
940
1 005
922
939

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
$895
$812
$829
$846
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
-
-
-
1 750
social contributions
-
-
-
191
health
-
-
-
45
income
-
-
-
302
total
-
-
-
538
Employee
908
908
1 618
-
health
9
15
28
-
social contributions
44
75
102
-
income
95
84
293
-
total
148
174
423
-
Employer
908
908
1 618
-
social contributions
44
75
102
-
health
10
17
30
-
total
54
92
132
-
Corporate
1 165
750
-
-
income
146
94
-
-
total
146
94
-
-
Dividends
1 019
657
-
-
withholding
173
112
-
-
total
173
112
-
-
Income
1 750
1 750
1 750
1 750
Total tax
521
472
555
538
After tax
1 229
1 278
1 195
1 212
Living cost
383
383
383
383
Free-cash
846
895
812
829

Estimated living cost  is $383 per week

$262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$30
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$85
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Brno , Czech Republic
$926
$610
$669
$827
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
-
-
-
1 750
social contributions
-
-
-
400
health
-
-
-
236
solidarity contribution
-
-
-
-
income
-
-
-
167
total
-
-
-
803
Employee
408
-
1 306
-
health
55
-
176
-
social contributions
27
-
85
-
solidarity contribution
-
-
-
-
income
49
-
157
-
total
131
-
418
-
Employer
408
-
1 306
-
social contributions
102
-
326
-
health
37
-
118
-
total
139
-
444
-
Corporate
1 203
1 750
-
-
income
229
333
-
-
total
229
333
-
-
Dividends
974
1 417
-
-
withholding
146
213
-
-
total
146
213
-
-
Income
1 750
1 750
1 750
1 750
Total tax
645
546
862
803
After tax
1 105
1 204
888
947
Living cost
278
278
278
278
Free-cash
827
926
610
669

Estimated living cost  is $278 per week

$193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$60
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
$862
$546
$605
$741
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
-
-
-
1 750
social contributions
-
-
-
400
health
-
-
-
236
solidarity contribution
-
-
-
-
income
-
-
-
167
total
-
-
-
803
Employee
503
-
1 306
-
health
68
-
176
-
social contributions
33
-
85
-
solidarity contribution
-
-
-
-
income
60
-
157
-
total
161
-
418
-
Employer
503
-
1 306
-
social contributions
126
-
326
-
health
45
-
118
-
total
171
-
444
-
Corporate
1 076
1 750
-
-
income
204
333
-
-
total
204
333
-
-
Dividends
871
1 417
-
-
withholding
131
213
-
-
total
131
213
-
-
Income
1 750
1 750
1 750
1 750
Total tax
667
546
862
803
After tax
1 083
1 204
888
947
Living cost
342
342
342
342
Free-cash
741
862
546
605

Estimated living cost  is $342 per week

$255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$19
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$63
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Copenhagen , Denmark
-$827
-$827
$481
-$827
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
-
-
-
1 750
labour market
-
-
-
139
municipal
-
-
-
355
pensions
-
-
-
10
national
-
-
-
195
total
-
-
-
699
Employee
2 406
2 406
2 406
-
municipal
512
512
512
-
pensions
3
3
3
-
national
294
294
294
-
labour market
192
192
192
-
total
1 001
1 001
1 001
-
Employer
2 406
2 406
2 406
-
labour market
192
192
192
-
national
294
294
294
-
municipal
513
513
513
-
pensions
7
7
7
-
total
1 006
1 006
1 006
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
1 750
1 750
1 750
1 750
Total tax
2 007
2 007
2 007
699
After tax
-257
-257
-257
1 051
Living cost
570
570
570
570
Free-cash
-827
-827
-827
481

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
$1115
$724
$653
$1041
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
-
-
-
1 750
health
-
-
-
227
pensions
-
-
-
350
income
-
-
-
235
total
-
-
-
812
Employee
335
-
1 308
-
pensions
7
-
26
-
unemployment
5
-
21
-
income
38
-
252
-
total
50
-
299
-
Employer
335
-
1 308
-
pensions
67
-
262
-
unemployment
3
-
10
-
health
44
-
170
-
total
114
-
442
-
Corporate
1 302
1 750
-
-
income
260
350
-
-
total
260
350
-
-
Dividends
1 042
1 400
-
-
total
-
-
-
-
Income
1 750
1 750
1 750
1 750
Total tax
424
350
741
812
After tax
1 326
1 400
1 009
938
Living cost
285
285
285
285
Free-cash
1 041
1 115
724
653

Estimated living cost  is $285 per week

$196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$67
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Helsinki , Finland
$664
$487
$724
$685
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

-
-
-
1 750
health
-
-
-
22
municipal
-
-
-
311
national
-
-
-
240
total
-
-
-
573
Employee
621
-
1 472
-
health
5
-
18
-
municipal
102
-
240
-
pensions
42
-
99
-
national
10
-
154
-
unemployment
9
-
22
-
total
168
-
533
-
Employer
621
-
1 472
-
accident
1
-
1
-
unemployment
4
-
10
-
health
5
-
11
-
pensions
108
-
255
-
total
118
-
277
-
Corporate
1 012
1 750
-
-
income
202
350
-
-
total
202
350
-
-
Dividends

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

607
1 050
-
-
municipal
109
189
-
-
national
15
94
-
-
total
124
283
-
-
Income
1 750
1 750
1 750
1 750
Total tax
612
633
810
573
After tax
1 138
1 117
940
1 177
Living cost
453
453
453
453
Free-cash
685
664
487
724

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
$518
$636
$628
$584
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
-
-
-
1 750
social contributions
-
-
-
50
health
-
-
-
64
pensions
-
-
-
343
other
-
-
-
54
income
-
-
-
247
surtax
-
-
-
-
total
-
-
-
758
Employee
451
-
1 374
-
income
23
-
249
-
social contributions
13
-
39
-
pensions
51
-
87
-
surtax
-
-
-
-
total
87
-
375
-
Employer
451
-
1 374
-
pensions
74
-
148
-
social contributions
1
-
4
-
unemployment
18
-
56
-
health
32
-
117
-
other
16
-
50
-
total
141
-
375
-
Corporate
1 158
1 750
-
-
surtax
-
-
-
-
income
324
490
-
-
total
324
490
-
-
Dividends
834
1 260
-
-
surtax
-
-
-
-
withholding
107
161
-
-
social contributions
143
217
-
-
total
250
378
-
-
Income
1 750
1 750
1 750
1 750
Total tax
802
868
750
758
After tax
948
882
1 000
992
Living cost
364
364
364
364
Free-cash
584
518
636
628

Estimated living cost  is $364 per week

$211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$37
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
$478
$596
$588
$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
-
-
-
1 750
social contributions
-
-
-
50
health
-
-
-
64
pensions
-
-
-
343
other
-
-
-
54
income
-
-
-
247
surtax
-
-
-
-
total
-
-
-
758
Employee
505
-
1 374
-
income
30
-
249
-
social contributions
14
-
39
-
pensions
57
-
87
-
surtax
-
-
-
-
total
101
-
375
-
Employer
505
-
1 374
-
pensions
83
-
148
-
social contributions
2
-
4
-
unemployment
20
-
56
-
health
35
-
117
-
other
17
-
50
-
total
157
-
375
-
Corporate
1 087
1 750
-
-
surtax
-
-
-
-
income
304
490
-
-
total
304
490
-
-
Dividends
783
1 260
-
-
surtax
-
-
-
-
withholding
100
161
-
-
social contributions
135
217
-
-
total
235
378
-
-
Income
1 750
1 750
1 750
1 750
Total tax
797
868
750
758
After tax
953
882
1 000
992
Living cost
404
404
404
404
Free-cash
549
478
596
588

Estimated living cost  is $404 per week

$255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$33
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Paris , France
$312
$430
$422
$393
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
-
-
-
1 750
social contributions
-
-
-
50
health
-
-
-
64
pensions
-
-
-
343
other
-
-
-
54
income
-
-
-
247
surtax
-
-
-
-
total
-
-
-
758
Employee
739
-
1 374
-
income
64
-
249
-
social contributions
21
-
39
-
pensions
84
-
87
-
surtax
-
-
-
-
total
169
-
375
-
Employer
739
-
1 374
-
pensions
121
-
148
-
social contributions
2
-
4
-
unemployment
30
-
56
-
health
52
-
117
-
other
26
-
50
-
total
231
-
375
-
Corporate
780
1 750
-
-
surtax
-
-
-
-
income
218
490
-
-
total
218
490
-
-
Dividends
562
1 260
-
-
surtax
-
-
-
-
withholding
72
161
-
-
social contributions
97
217
-
-
total
169
378
-
-
Income
1 750
1 750
1 750
1 750
Total tax
787
868
750
758
After tax
963
882
1 000
992
Living cost
570
570
570
570
Free-cash
393
312
430
422

Estimated living cost  is $570 per week

$386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$47
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
$1579
$1317
$1649
$1564
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%.

-
-
-
1 750
microenterprise

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

-
-
-
18
total
-
-
-
18
Employee
104
-
1 750
-
income
21
-
350
-
total
21
-
350
-
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%.

1 646
1 750
-
-
total
-
-
-
-
Dividends
1 646
1 750
-
-
withholding
82
88
-
-
total
82
88
-
-
Income
1 750
1 750
1 750
1 750
Total tax
103
88
350
18
After tax
1 647
1 662
1 400
1 732
Living cost
83
83
83
83
Free-cash
1 564
1 579
1 317
1 649

Estimated living cost  is $83 per week

$52
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$7
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$2
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$22
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Tbilisi , Georgia
$1532
$1270
$1602
$1509
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%.

-
-
-
1 750
microenterprise

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

-
-
-
18
total
-
-
-
18
Employee
162
-
1 750
-
income
32
-
350
-
total
32
-
350
-
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%.

1 588
1 750
-
-
total
-
-
-
-
Dividends
1 588
1 750
-
-
withholding
79
88
-
-
total
79
88
-
-
Income
1 750
1 750
1 750
1 750
Total tax
111
88
350
18
After tax
1 639
1 662
1 400
1 732
Living cost
130
130
130
130
Free-cash
1 509
1 532
1 270
1 602

Estimated living cost  is $130 per week

$88
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$5
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$32
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Berlin , Germany
$446
$681
$509
$599
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.

-
-
-
1 750
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
-
-
-
172
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.

-
-
-
504
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.

-
-
-
28
total
-
-
-
785
Employee

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

587
-
1 750
-
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
-
28
-
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
-
504
-
total
132
-
613
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 163
1 750
-
-
trade
167
251
-
-
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
3
4
-
-
income
174
263
-
-
total
354
532
-
-
Dividends
808
1 218
-
-
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
198
300
-
-
total
209
316
-
-
Income
1 750
1 750
1 750
1 750
Total tax
695
848
613
785
After tax
1 055
902
1 137
965
Living cost
456
456
456
456
Free-cash
599
446
681
509

Estimated living cost  is $456 per week

$314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$49
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$86
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Dresden , Germany
$526
$780
$591
$654
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.

-
-
-
1 750
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.

-
-
-
504
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.

-
-
-
28
total
-
-
-
802
Employee

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

451
-
1 750
-
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
-
28
-
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
-
504
-
total
95
-
613
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 299
1 750
-
-
trade
205
276
-
-
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
14
-
-
chamber of commerce
4
4
-
-
income
195
263
-
-
total
415
557
-
-
Dividends
885
1 193
-
-
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.

12
16
-
-
withholding
217
294
-
-
total
229
310
-
-
Income
1 750
1 750
1 750
1 750
Total tax
739
867
613
802
After tax
1 011
883
1 137
948
Living cost
358
358
358
358
Free-cash
654
526
780
591

Estimated living cost  is $358 per week

$225
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$42
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$84
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Hamburg , Germany
$410
$673
$475
$577
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.

-
-
-
1 750
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.

-
-
-
504
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.

-
-
-
28
total
-
-
-
811
Employee

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

599
-
1 750
-
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
-
28
-
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
-
504
-
total
135
-
613
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 151
1 750
-
-
trade
189
288
-
-
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
173
263
-
-
total
374
569
-
-
Dividends
776
1 181
-
-
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
190
291
-
-
total
200
307
-
-
Income
1 750
1 750
1 750
1 750
Total tax
709
876
613
811
After tax
1 041
874
1 137
939
Living cost
464
464
464
464
Free-cash
577
410
673
475

Estimated living cost  is $464 per week

$310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$49
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$98
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Munich , Germany
$324
$596
$390
$516
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.

-
-
-
1 750
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
-
-
-
206
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.

-
-
-
504
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.

-
-
-
28
total
-
-
-
819
Employee

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

709
-
1 750
-
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
-
28
-
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
-
504
-
total
169
-
613
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 041
1 750
-
-
trade
178
300
-
-
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
156
263
-
-
total
346
581
-
-
Dividends
694
1 169
-
-
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
16
-
-
withholding
169
288
-
-
total
178
304
-
-
Income
1 750
1 750
1 750
1 750
Total tax
693
885
613
819
After tax
1 057
865
1 137
931
Living cost
541
541
541
541
Free-cash
516
324
596
390

Estimated living cost  is $541 per week

$395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$43
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$96
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Athens , Greece
$836
$513
$565
$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
-
-
-
1 750
unemployment
-
-
-
3
health
-
-
-
112
pensions
-
-
-
315
other
-
-
-
-
income
-
-
-
428
surtax
-
-
-
62
total
-
-
-
920
Employee
397
-
1 446
-
health
10
-
37
-
pensions
27
-
96
-
surtax
1
-
53
-
other
-
-
-
-
unemployment
28
-
101
-
income
67
-
380
-
total
133
-
667
-
Employer
397
-
1 446
-
pensions
53
-
193
-
unemployment
13
-
46
-
health
18
-
66
-
other
-
-
-
-
total
84
-
305
-
Corporate
1 269
1 750
-
-
income
330
455
-
-
total
330
455
-
-
Dividends
939
1 295
-
-
withholding
141
194
-
-
total
141
194
-
-
Income
1 750
1 750
1 750
1 750
Total tax
688
649
972
920
After tax
1 062
1 101
778
830
Living cost
265
265
265
265
Free-cash
797
836
513
565

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
$841
$518
$570
$805
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
-
-
-
1 750
unemployment
-
-
-
3
health
-
-
-
112
pensions
-
-
-
315
other
-
-
-
-
income
-
-
-
428
surtax
-
-
-
62
total
-
-
-
920
Employee
390
-
1 446
-
health
10
-
37
-
pensions
26
-
96
-
surtax
1
-
53
-
other
-
-
-
-
unemployment
27
-
101
-
income
65
-
380
-
total
129
-
667
-
Employer
390
-
1 446
-
pensions
52
-
193
-
unemployment
12
-
46
-
health
18
-
66
-
other
-
-
-
-
total
82
-
305
-
Corporate
1 278
1 750
-
-
income
332
455
-
-
total
332
455
-
-
Dividends
945
1 295
-
-
withholding
142
194
-
-
total
142
194
-
-
Income
1 750
1 750
1 750
1 750
Total tax
685
649
972
920
After tax
1 065
1 101
778
830
Living cost
260
260
260
260
Free-cash
805
841
518
570

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
$753
$782
$982
$757
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
-
-
-
1 750
unemployment
-
-
-
26
health
-
-
-
122
pensions
-
-
-
175
income
-
-
-
214
total
-
-
-
537
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

334
133
1 464
-
health
23
9
103
-
pensions
33
13
146
-
unemployment
5
2
22
-
income
41
16
179
-
total
102
40
450
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

334
133
1 464
-
pensions
65
26
286
-
total
65
26
286
-
Corporate
1 351
1 591
-
-
income
122
143
-
-
total
122
143
-
-
Dividends
1 229
1 448
-
-
withholding
234
275
-
-
social contributions
238
281
-
-
total
472
556
-
-
Income
1 750
1 750
1 750
1 750
Total tax
761
765
736
537
After tax
989
985
1 014
1 213
Living cost
232
232
232
232
Free-cash
757
753
782
982

Estimated living cost  is $232 per week

$158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$19
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$50
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
$496
$456
$442
$486
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
-
-
-
1 750
social contributions
-
-
-
19
municipal
-
-
-
189
pensions
-
-
-
210
national
-
-
-
294
total
-
-
-
712
Employee
924
-
1 513
-
municipal
114
-
196
-
pensions
37
-
61
-
national
177
-
304
-
total
328
-
561
-
Employer
924
-
1 513
-
social contributions
10
-
16
-
pensions
74
-
121
-
total
84
-
137
-
Corporate
682
1 750
-
-
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%.

136
350
-
-
total
136
350
-
-
Dividends
545
1 400
-
-
withholding
120
308
-
-
total
120
308
-
-
Income
1 750
1 750
1 750
1 750
Total tax
668
658
698
712
After tax
1 082
1 092
1 052
1 038
Living cost
596
596
596
596
Free-cash
486
496
456
442

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
$553
$289
$289
$579
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
-
-
-
1 750
social contributions
-
-
-
284
income
-
-
-
505
total
-
-
-
789
Employee
923
-
1 750
-
social contributions
77
-
284
-
income
174
-
505
-
total
251
-
789
-
Employer
923
-
1 750
-
total
-
-
-
-
Corporate
827
1 750
-
-
income
103
219
-
-
total
103
219
-
-
Dividends
723
1 531
-
-
withholding
145
306
-
-
total
145
306
-
-
Income
1 750
1 750
1 750
1 750
Total tax
499
525
789
789
After tax
1 251
1 225
961
961
Living cost
672
672
672
672
Free-cash
579
553
289
289

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
$436
$277
$358
$374
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 750
regional
-
-
-
20
social contributions
-
-
-
450
municipal
-
-
-
10
national
-
-
-
414
total
-
-
-
894
Employee
1 049
-
1 750
-
regional
10
-
18
-
municipal
6
-
9
-
social contributions
354
-
590
-
national
182
-
358
-
total
552
-
975
-
Employer
1 049
-
1 750
-
total
-
-
-
-
Corporate
701
1 750
-
-
nationa
168
420
-
-
municipal
27
68
-
-
total
195
488
-
-
Dividends
505
1 262
-
-
withholding
131
328
-
-
total
131
328
-
-
Income
1 750
1 750
1 750
1 750
Total tax
878
816
975
894
After tax
872
934
775
856
Living cost
498
498
498
498
Free-cash
374
436
277
358

Estimated living cost  is $498 per week

$347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$33
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Naples , Italy
$602
$451
$532
$576
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
-
-
-
1 750
regional
-
-
-
26
social contributions
-
-
-
450
municipal
-
-
-
10
national
-
-
-
414
total
-
-
-
900
Employee
655
-
1 750
-
regional
9
-
24
-
municipal
3
-
9
-
social contributions
221
-
590
-
national
104
-
358
-
total
337
-
981
-
Employer
655
-
1 750
-
total
-
-
-
-
Corporate
1 095
1 750
-
-
nationa
263
420
-
-
municipal
54
87
-
-
total
317
507
-
-
Dividends
778
1 243
-
-
withholding
202
323
-
-
total
202
323
-
-
Income
1 750
1 750
1 750
1 750
Total tax
856
830
981
900
After tax
894
920
769
850
Living cost
318
318
318
318
Free-cash
576
602
451
532

Estimated living cost  is $318 per week

$198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$32
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$83
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source