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
$934
$1165
$981
$1206
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
-
-
-
62
total
-
-
-
447
Employee
394
-
1 515
-
social contributions
26
-
98
-
income
-
-
67
-
total
26
-
165
-
Employer
394
-
1 515
-
social contributions
61
-
235
-
total
61
-
235
-
Corporate
1 294
1 750
-
-
income
129
175
-
-
total
129
175
-
-
Dividends
1 165
1 575
-
-
total
-
-
-
-
Income
1 750
1 750
1 750
1 750
Total tax
216
175
400
447
After tax
1 534
1 575
1 350
1 303
Living cost
369
369
369
369
Free-cash
1 165
1 206
981
934

Estimated living cost  is $369 per week

$238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$28
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$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
$503
$577
$71
$583
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
surtax
-
-
-
-
unemployment
-
-
-
75
health
-
-
-
110
chamber of commerce
-
-
-
7
pensions
-
-
-
265
income
-
-
-
399
total
-
-
-
856
Employee
536
489
1 359
-
unemployment
16
15
41
-
other
5
5
14
-
income
48
36
321
-
pensions
55
50
139
-
health
21
19
53
-
total
145
125
568
-
Employer
536
489
1 359
-
pensions
67
61
171
-
surtax
-
-
-
-
payroll
16
15
41
-
other
25
23
65
-
health
20
18
51
-
accident
7
6
18
-
unemployment
16
15
41
-
chamber of commerce
2
2
5
-
total
153
140
392
-
Corporate
1 059
1 120
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.

265
280
328
-
total
265
280
328
-
Dividends
795
840
-
-
withholding
219
231
-
-
total
219
231
-
-
Income
1 750
1 750
1 750
1 750
Total tax
782
776
1 288
856
After tax
968
974
462
894
Living cost
391
391
391
391
Free-cash
577
583
71
503

Estimated living cost  is $391 per week

$235
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
$460
$522
$31
$541
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
surtax
-
-
-
2
unemployment
-
-
-
75
health
-
-
-
110
chamber of commerce
-
-
-
7
pensions
-
-
-
265
income
-
-
-
399
total
-
-
-
858
Employee
613
489
1 357
-
unemployment
18
15
41
-
other
6
5
14
-
income
70
36
320
-
pensions
63
50
139
-
health
24
19
53
-
total
181
125
567
-
Employer
613
489
1 357
-
pensions
77
61
170
-
surtax
2
2
2
-
payroll
18
15
41
-
other
29
23
64
-
health
23
18
51
-
accident
8
6
18
-
unemployment
18
15
41
-
chamber of commerce
2
2
5
-
total
177
142
392
-
Corporate
958
1 118
1 310
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

240
279
328
-
total
240
279
328
-
Dividends
719
838
-
-
withholding
198
231
-
-
total
198
231
-
-
Income
1 750
1 750
1 750
1 750
Total tax
796
777
1 287
858
After tax
954
973
463
892
Living cost
432
432
432
432
Free-cash
522
541
31
460

Estimated living cost  is $432 per week

$288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$37
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
$322
$348
$190
$533
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 750
national
-
-
-
617
communal

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

-
-
-
89
social contributions
-
-
-
275
total
-
-
-
981
Employee

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

878
-
1 355
-
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
-
12
-
national
270
-
469
-
communal

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

46
-
71
-
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
-
102
-
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
-
64
-
total
431
-
718
-
Employer

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

878
-
1 355
-
surtax
100
-
154
-
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
-
120
-
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
-
83
-
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.

13
-
20
-
total
256
-
395
-
Corporate
617
1 750
-
-
income
123
350
-
-
surtax
2
7
-
-
total
125
357
-
-
Dividends
491
1 393
-
-
withholding

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

143
413
-
-
total
143
413
-
-
Income
1 750
1 750
1 750
1 750
Total tax
955
770
1 113
981
After tax
795
980
637
769
Living cost
447
447
447
447
Free-cash
348
533
190
322

Estimated living cost  is $447 per week

$288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$39
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sofia , Bulgaria
$1160
$1209
$1223
$1284
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
-
-
-
49
pensions

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

-
-
-
64
income
-
-
-
263
total
-
-
-
378
Employee
280
-
1 666
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
income
28
-
167
-
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
-
230
-
Employer
280
-
1 666
-
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
1 415
1 750
-
-
income
141
175
-
-
total
141
175
-
-
Dividends
1 273
1 575
-
-
withholding
64
79
-
-
total
64
79
-
-
Income
1 750
1 750
1 750
1 750
Total tax
329
254
315
378
After tax
1 421
1 496
1 435
1 372
Living cost
212
212
212
212
Free-cash
1 209
1 284
1 223
1 160

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.
$54
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
$1211
$1279
$1274
$1335
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
-
-
-
49
pensions

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

-
-
-
64
income
-
-
-
263
total
-
-
-
378
Employee
213
-
1 666
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
income
21
-
167
-
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
-
230
-
Employer
213
-
1 666
-
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
1 495
1 750
-
-
income
149
175
-
-
total
149
175
-
-
Dividends
1 345
1 575
-
-
withholding
67
79
-
-
total
67
79
-
-
Income
1 750
1 750
1 750
1 750
Total tax
310
254
315
378
After tax
1 440
1 496
1 435
1 372
Living cost
161
161
161
161
Free-cash
1 279
1 335
1 274
1 211

Estimated living cost  is $161 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
$932
$926
$916
$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
-
-
-
1 750
health
-
-
-
45
social contributions
-
-
-
199
income
-
-
-
290
total
-
-
-
534
Employee
943
943
1 615
-
income
103
87
281
-
social contributions
36
78
106
-
health
7
16
27
-
total
146
181
414
-
Employer
943
943
1 615
-
social contributions
36
78
106
-
health
8
17
30
-
total
44
95
136
-
Corporate
1 277
711
-
-
income
160
89
-
-
total
160
89
-
-
Dividends
1 117
622
-
-
withholding
190
106
-
-
total
190
106
-
-
Income
1 750
1 750
1 750
1 750
Total tax
540
471
550
534
After tax
1 210
1 279
1 200
1 216
Living cost
284
284
284
284
Free-cash
926
995
916
932

Estimated living cost  is $284 per week

$170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$28
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$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
$818
$829
$802
$881
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
-
-
-
45
social contributions
-
-
-
199
income
-
-
-
290
total
-
-
-
534
Employee
943
943
1 615
-
income
99
87
281
-
social contributions
46
78
106
-
health
9
16
27
-
total
154
181
414
-
Employer
943
943
1 615
-
social contributions
46
78
106
-
health
10
17
30
-
total
56
95
136
-
Corporate
1 142
711
-
-
income
143
89
-
-
total
143
89
-
-
Dividends
999
622
-
-
withholding
170
106
-
-
total
170
106
-
-
Income
1 750
1 750
1 750
1 750
Total tax
523
471
550
534
After tax
1 227
1 279
1 200
1 216
Living cost
398
398
398
398
Free-cash
829
881
802
818

Estimated living cost  is $398 per week

$272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$31
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$88
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Brno , Czech Republic
$656
$820
$604
$920
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
-
-
-
236
social contributions
-
-
-
408
income
-
-
-
166
solidarity contribution
-
-
-
-
total
-
-
-
810
Employee
417
-
1 306
-
income
50
-
157
-
social contributions
27
-
85
-
health
56
-
176
-
solidarity contribution
-
-
-
-
total
133
-
418
-
Employer
417
-
1 306
-
social contributions
104
-
326
-
health
38
-
118
-
total
142
-
444
-
Corporate
1 191
1 750
-
-
income
226
333
-
-
total
226
333
-
-
Dividends
965
1 417
-
-
withholding
145
213
-
-
total
145
213
-
-
Income
1 750
1 750
1 750
1 750
Total tax
646
546
862
810
After tax
1 104
1 204
888
940
Living cost
284
284
284
284
Free-cash
820
920
604
656

Estimated living cost  is $284 per week

$197
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
$591
$732
$539
$855
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
-
-
-
236
social contributions
-
-
-
408
income
-
-
-
166
solidarity contribution
-
-
-
-
total
-
-
-
810
Employee
514
-
1 306
-
income
62
-
157
-
social contributions
33
-
85
-
health
69
-
176
-
solidarity contribution
-
-
-
-
total
164
-
418
-
Employer
514
-
1 306
-
social contributions
128
-
326
-
health
46
-
118
-
total
174
-
444
-
Corporate
1 062
1 750
-
-
income
202
333
-
-
total
202
333
-
-
Dividends
860
1 417
-
-
withholding
129
213
-
-
total
129
213
-
-
Income
1 750
1 750
1 750
1 750
Total tax
669
546
862
810
After tax
1 081
1 204
888
940
Living cost
349
349
349
349
Free-cash
732
855
539
591

Estimated living cost  is $349 per week

$260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$19
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Copenhagen , Denmark
$463
-$933
-$933
-$933
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
national
-
-
-
192
pensions
-
-
-
11
municipal
-
-
-
352
labour market
-
-
-
139
total
-
-
-
694
Employee
2 502
2 502
2 502
-
municipal
533
533
533
-
national
306
306
306
-
pensions
4
4
4
-
labour market
200
200
200
-
total
1 043
1 043
1 043
-
Employer
2 502
2 502
2 502
-
pensions
7
7
7
-
labour market
200
200
200
-
municipal
534
534
534
-
national
306
306
306
-
total
1 047
1 047
1 047
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
1 750
1 750
1 750
1 750
Total tax
2 090
2 090
2 090
694
After tax
-340
-340
-340
1 056
Living cost
593
593
593
593
Free-cash
-933
-933
-933
463

Estimated living cost  is $593 per week

$406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$52
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$9
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$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
$642
$1027
$713
$1104
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
-
-
-
228
pensions
-
-
-
350
income
-
-
-
234
total
-
-
-
812
Employee
348
-
1 308
-
unemployment
6
-
21
-
income
39
-
252
-
pensions
7
-
26
-
total
52
-
299
-
Employer
348
-
1 308
-
pensions
70
-
262
-
health
45
-
170
-
unemployment
3
-
10
-
total
118
-
442
-
Corporate
1 284
1 750
-
-
income
257
350
-
-
total
257
350
-
-
Dividends
1 027
1 400
-
-
total
-
-
-
-
Income
1 750
1 750
1 750
1 750
Total tax
427
350
741
812
After tax
1 323
1 400
1 009
938
Living cost
296
296
296
296
Free-cash
1 027
1 104
713
642

Estimated living cost  is $296 per week

$203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$69
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Helsinki , Finland
$713
$667
$474
$651
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
national
-
-
-
233
health
-
-
-
22
municipal
-
-
-
311
total
-
-
-
566
Employee
645
-
1 472
-
unemployment
10
-
22
-
municipal
106
-
240
-
national
11
-
149
-
pensions
44
-
99
-
health
5
-
18
-
total
176
-
528
-
Employer
645
-
1 472
-
pensions
112
-
255
-
health
5
-
11
-
accident
1
-
1
-
unemployment
4
-
10
-
total
122
-
277
-
Corporate
983
1 750
-
-
income
197
350
-
-
total
197
350
-
-
Dividends

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

590
1 050
-
-
municipal
106
189
-
-
national
11
89
-
-
total
117
278
-
-
Income
1 750
1 750
1 750
1 750
Total tax
612
628
805
566
After tax
1 138
1 122
945
1 184
Living cost
471
471
471
471
Free-cash
667
651
474
713

Estimated living cost  is $471 per week

$308
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.
$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
$615
$572
$630
$504
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
surtax
-
-
-
-
health
-
-
-
61
pensions
-
-
-
351
social contributions
-
-
-
50
income
-
-
-
241
other
-
-
-
54
total
-
-
-
757
Employee
469
-
1 379
-
income
24
-
246
-
surtax
-
-
-
-
social contributions
13
-
39
-
pensions
53
-
86
-
total
90
-
371
-
Employer
469
-
1 379
-
pensions
77
-
146
-
social contributions
1
-
4
-
other
16
-
49
-
health
33
-
116
-
unemployment
19
-
56
-
total
146
-
371
-
Corporate
1 135
1 750
-
-
income
318
490
-
-
surtax
-
-
-
-
total
318
490
-
-
Dividends
817
1 260
-
-
withholding
105
161
-
-
social contributions
141
217
-
-
surtax
-
-
-
-
total
246
378
-
-
Income
1 750
1 750
1 750
1 750
Total tax
800
868
742
757
After tax
950
882
1 008
993
Living cost
378
378
378
378
Free-cash
572
504
630
615

Estimated living cost  is $378 per week

$219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$38
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
$573
$535
$588
$462
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 750
surtax
-
-
-
-
health
-
-
-
61
pensions
-
-
-
351
social contributions
-
-
-
50
income
-
-
-
241
other
-
-
-
54
total
-
-
-
757
Employee
525
-
1 379
-
income
31
-
246
-
surtax
-
-
-
-
social contributions
15
-
39
-
pensions
59
-
86
-
total
105
-
371
-
Employer
525
-
1 379
-
pensions
86
-
146
-
social contributions
2
-
4
-
other
18
-
49
-
health
37
-
116
-
unemployment
21
-
56
-
total
164
-
371
-
Corporate
1 061
1 750
-
-
income
297
490
-
-
surtax
-
-
-
-
total
297
490
-
-
Dividends
764
1 260
-
-
withholding
98
161
-
-
social contributions
131
217
-
-
surtax
-
-
-
-
total
229
378
-
-
Income
1 750
1 750
1 750
1 750
Total tax
795
868
742
757
After tax
955
882
1 008
993
Living cost
420
420
420
420
Free-cash
535
462
588
573

Estimated living cost  is $420 per week

$265
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
$400
$373
$415
$289
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
surtax
-
-
-
-
health
-
-
-
61
pensions
-
-
-
351
social contributions
-
-
-
50
income
-
-
-
241
other
-
-
-
54
total
-
-
-
757
Employee
768
-
1 379
-
income
67
-
246
-
surtax
-
-
-
-
social contributions
22
-
39
-
pensions
87
-
86
-
total
176
-
371
-
Employer
768
-
1 379
-
pensions
126
-
146
-
social contributions
2
-
4
-
other
27
-
49
-
health
54
-
116
-
unemployment
31
-
56
-
total
240
-
371
-
Corporate
742
1 750
-
-
income
208
490
-
-
surtax
-
-
-
-
total
208
490
-
-
Dividends
534
1 260
-
-
withholding
68
161
-
-
social contributions
92
217
-
-
surtax
-
-
-
-
total
160
378
-
-
Income
1 750
1 750
1 750
1 750
Total tax
784
868
742
757
After tax
966
882
1 008
993
Living cost
593
593
593
593
Free-cash
373
289
415
400

Estimated living cost  is $593 per week

$401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$48
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
$1653
$1568
$1321
$1584
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
99
-
1 750
-
income
20
-
350
-
total
20
-
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%.

1 651
1 750
-
-
total
-
-
-
-
Dividends
1 651
1 750
-
-
withholding
83
87
-
-
total
83
87
-
-
Income
1 750
1 750
1 750
1 750
Total tax
103
87
350
18
After tax
1 647
1 663
1 400
1 732
Living cost
79
79
79
79
Free-cash
1 568
1 584
1 321
1 653

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
$1609
$1516
$1277
$1540
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
154
-
1 750
-
income
31
-
350
-
total
31
-
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%.

1 596
1 750
-
-
total
-
-
-
-
Dividends
1 596
1 750
-
-
withholding
80
87
-
-
total
80
87
-
-
Income
1 750
1 750
1 750
1 750
Total tax
111
87
350
18
After tax
1 639
1 663
1 400
1 732
Living cost
123
123
123
123
Free-cash
1 516
1 540
1 277
1 609

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
$501
$587
$670
$428
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
surtax

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

-
-
-
27
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.

-
-
-
495
trade
-
-
-
169
total
-
-
-
775
Employee

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

610
-
1 750
-
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
-
495
-
surtax

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

3
-
27
-
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
-
606
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 140
1 750
-
-
trade
164
251
-
-
income
171
263
-
-
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.

9
14
-
-
total
348
532
-
-
Dividends
792
1 218
-
-
withholding
193
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.

11
16
-
-
total
204
316
-
-
Income
1 750
1 750
1 750
1 750
Total tax
689
848
606
775
After tax
1 061
902
1 144
975
Living cost
474
474
474
474
Free-cash
587
428
670
501

Estimated living cost  is $474 per week

$327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$51
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$89
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Dresden , Germany
$586
$646
$772
$511
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
surtax

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

-
-
-
27
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.

-
-
-
495
trade
-
-
-
186
total
-
-
-
792
Employee

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

469
-
1 750
-
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
-
495
-
surtax

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

1
-
27
-
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
-
606
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 281
1 750
-
-
trade
202
276
-
-
income
192
263
-
-
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.

11
14
-
-
total
409
557
-
-
Dividends
873
1 193
-
-
withholding
213
294
-
-
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
-
-
total
225
310
-
-
Income
1 750
1 750
1 750
1 750
Total tax
732
867
606
792
After tax
1 018
883
1 144
958
Living cost
372
372
372
372
Free-cash
646
511
772
586

Estimated living cost  is $372 per week

$234
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.
$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
$468
$566
$662
$392
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
surtax

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

-
-
-
27
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.

-
-
-
495
trade
-
-
-
194
total
-
-
-
800
Employee

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

622
-
1 750
-
income

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

53
-
495
-
surtax

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

3
-
27
-
health

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

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

84
-
84
-
total
140
-
606
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 128
1 750
-
-
trade
186
288
-
-
income
169
263
-
-
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
367
569
-
-
Dividends
760
1 181
-
-
withholding
185
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
195
307
-
-
Income
1 750
1 750
1 750
1 750
Total tax
702
876
606
800
After tax
1 048
874
1 144
950
Living cost
482
482
482
482
Free-cash
566
392
662
468

Estimated living cost  is $482 per week

$322
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$51
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$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
$380
$502
$582
$304
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
surtax

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

-
-
-
27
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.

-
-
-
495
trade
-
-
-
202
total
-
-
-
808
Employee

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

737
-
1 750
-
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
-
495
-
surtax

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

5
-
27
-
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
-
606
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 013
1 750
-
-
trade
174
300
-
-
income
152
263
-
-
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
337
581
-
-
Dividends
675
1 169
-
-
withholding
164
287
-
-
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
-
-
total
173
303
-
-
Income
1 750
1 750
1 750
1 750
Total tax
686
884
606
808
After tax
1 064
866
1 144
942
Living cost
562
562
562
562
Free-cash
502
304
582
380

Estimated living cost  is $562 per week

$410
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$45
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$99
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Athens , Greece
$555
$785
$510
$825
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
surtax
-
-
-
59
unemployment
-
-
-
3
health
-
-
-
116
pensions
-
-
-
327
income
-
-
-
414
other
-
-
-
-
total
-
-
-
919
Employee
413
-
1 446
-
unemployment
29
-
101
-
other
-
-
-
-
income
69
-
373
-
surtax
1
-
52
-
pensions
28
-
96
-
health
11
-
37
-
total
138
-
659
-
Employer
413
-
1 446
-
pensions
55
-
193
-
other
-
-
-
-
health
19
-
66
-
unemployment
13
-
46
-
total
87
-
305
-
Corporate
1 250
1 750
-
-
income
325
455
-
-
total
325
455
-
-
Dividends
925
1 295
-
-
withholding
139
194
-
-
total
139
194
-
-
Income
1 750
1 750
1 750
1 750
Total tax
689
649
964
919
After tax
1 061
1 101
786
831
Living cost
276
276
276
276
Free-cash
785
825
510
555

Estimated living cost  is $276 per week

$166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$24
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$79
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Thessaloniki , Greece
$560
$793
$515
$830
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
surtax
-
-
-
59
unemployment
-
-
-
3
health
-
-
-
116
pensions
-
-
-
327
income
-
-
-
414
other
-
-
-
-
total
-
-
-
919
Employee
406
-
1 446
-
unemployment
28
-
101
-
other
-
-
-
-
income
68
-
373
-
surtax
1
-
52
-
pensions
27
-
96
-
health
10
-
37
-
total
134
-
659
-
Employer
406
-
1 446
-
pensions
54
-
193
-
other
-
-
-
-
health
18
-
66
-
unemployment
13
-
46
-
total
85
-
305
-
Corporate
1 259
1 750
-
-
income
327
455
-
-
total
327
455
-
-
Dividends
932
1 295
-
-
withholding
140
194
-
-
total
140
194
-
-
Income
1 750
1 750
1 750
1 750
Total tax
686
649
964
919
After tax
1 064
1 101
786
831
Living cost
271
271
271
271
Free-cash
793
830
515
560

Estimated living cost  is $271 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
$967
$745
$768
$739
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.

354
141
1 464
-
unemployment
5
2
22
-
income
43
17
179
-
pensions
35
14
146
-
health
25
10
103
-
total
108
43
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.

354
141
1 464
-
pensions
69
28
286
-
total
69
28
286
-
Corporate
1 326
1 581
-
-
income
119
142
-
-
total
119
142
-
-
Dividends
1 207
1 439
-
-
withholding
229
273
-
-
social contributions
234
279
-
-
total
463
552
-
-
Income
1 750
1 750
1 750
1 750
Total tax
759
765
736
537
After tax
991
985
1 014
1 213
Living cost
246
246
246
246
Free-cash
745
739
768
967

Estimated living cost  is $246 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
$445
$490
$460
$500
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
national
-
-
-
294
pensions
-
-
-
210
social contributions
-
-
-
19
municipal
-
-
-
190
total
-
-
-
713
Employee
917
-
1 513
-
municipal
113
-
196
-
national
176
-
304
-
pensions
37
-
61
-
total
326
-
561
-
Employer
917
-
1 513
-
pensions
73
-
121
-
social contributions
10
-
16
-
total
83
-
137
-
Corporate
689
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%.

138
350
-
-
total
138
350
-
-
Dividends
551
1 400
-
-
withholding
121
308
-
-
total
121
308
-
-
Income
1 750
1 750
1 750
1 750
Total tax
668
658
698
713
After tax
1 082
1 092
1 052
1 037
Living cost
592
592
592
592
Free-cash
490
500
460
445

Estimated living cost  is $592 per week

$402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$55
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$9
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Dublin , Ireland
$272
$553
$272
$526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 750
social contributions
-
-
-
282
income
-
-
-
497
total
-
-
-
779
Employee
960
-
1 750
-
social contributions
80
-
282
-
income
181
-
497
-
total
261
-
779
-
Employer
960
-
1 750
-
total
-
-
-
-
Corporate
790
1 750
-
-
income
99
219
-
-
total
99
219
-
-
Dividends
692
1 531
-
-
withholding
138
306
-
-
total
138
306
-
-
Income
1 750
1 750
1 750
1 750
Total tax
498
525
779
779
After tax
1 252
1 225
971
971
Living cost
699
699
699
699
Free-cash
553
526
272
272

Estimated living cost  is $699 per week

$532
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
$343
$351
$260
$416
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
national
-
-
-
409
regional
-
-
-
20
social contributions
-
-
-
450
municipal
-
-
-
10
total
-
-
-
889
Employee
1 090
-
1 750
-
municipal
6
-
9
-
national
189
-
355
-
social contributions
368
-
590
-
regional
10
-
18
-
total
573
-
972
-
Employer
1 090
-
1 750
-
total
-
-
-
-
Corporate
660
1 750
-
-
nationa
158
420
-
-
municipal
26
68
-
-
total
184
488
-
-
Dividends
476
1 262
-
-
withholding
124
328
-
-
total
124
328
-
-
Income
1 750
1 750
1 750
1 750
Total tax
881
816
972
889
After tax
869
934
778
861
Living cost
518
518
518
518
Free-cash
351
416
260
343

Estimated living cost  is $518 per week

$361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Naples , Italy
$525
$562
$442
$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
national
-
-
-
409
regional
-
-
-
26
social contributions
-
-
-
450
municipal
-
-
-
10
total
-
-
-
895
Employee
681
-
1 750
-
municipal
4
-
9
-
national
108
-
355
-
social contributions
229
-
590
-
regional
9
-
24
-
total
350
-
978
-
Employer
681
-
1 750
-
total
-
-
-
-
Corporate
1 069
1 750
-
-
nationa
257
420
-
-
municipal
53
87
-
-
total
310
507
-
-
Dividends
760
1 243
-
-
withholding
198
323
-
-
total
198
323
-
-
Income
1 750
1 750
1 750
1 750
Total tax
858
830
978
895
After tax
892
920
772
855
Living cost
330
330
330
330
Free-cash
562
590
442
525

Estimated living cost  is $330 per week

$206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$33
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$86
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source