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
$ 1800
per

Your estimated
City
free-cash

Andorra , Andorra
$970
$1210
$1018
$1252
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
-
-
-
1 800
social contributions
-
-
-
396
income
-
-
-
66
total
-
-
-
462
Employee
394
-
1 558
-
social contributions
26
-
101
-
income
-
-
71
-
total
26
-
172
-
Employer
394
-
1 558
-
social contributions
61
-
242
-
total
61
-
242
-
Corporate
1 345
1 800
-
-
income
135
180
-
-
total
135
180
-
-
Dividends
1 211
1 620
-
-
total
-
-
-
-
Income
1 800
1 800
1 800
1 800
Total tax
222
180
414
462
After tax
1 578
1 620
1 386
1 338
Living cost
368
368
368
368
Free-cash
1 210
1 252
1 018
970

Estimated living cost  is $368 per week

$238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$28
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$95
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Graz , Austria
$532
$604
$82
$609
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
-
-
-
1 800
surtax
-
-
-
-
unemployment
-
-
-
75
health
-
-
-
109
chamber of commerce
-
-
-
7
pensions
-
-
-
265
income
-
-
-
421
total
-
-
-
877
Employee
535
488
1 398
-
unemployment
16
15
42
-
other
5
5
14
-
income
48
36
334
-
pensions
55
50
143
-
health
21
19
54
-
total
145
125
587
-
Employer
535
488
1 398
-
pensions
67
61
175
-
surtax
-
-
-
-
payroll
16
15
42
-
other
25
23
66
-
health
20
18
53
-
accident
7
6
18
-
unemployment
16
15
42
-
chamber of commerce
2
2
6
-
total
153
140
402
-
Corporate
1 111
1 172
1 351
-
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.

278
293
338
-
total
278
293
338
-
Dividends
833
879
-
-
withholding
229
242
-
-
total
229
242
-
-
Income
1 800
1 800
1 800
1 800
Total tax
805
800
1 327
877
After tax
995
1 000
473
923
Living cost
391
391
391
391
Free-cash
604
609
82
532

Estimated living cost  is $391 per week

$234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$40
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Vienna , Austria
$490
$551
$41
$569
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
-
-
-
1 800
surtax
-
-
-
2
unemployment
-
-
-
75
health
-
-
-
109
chamber of commerce
-
-
-
7
pensions
-
-
-
265
income
-
-
-
421
total
-
-
-
879
Employee
612
488
1 396
-
unemployment
18
15
42
-
other
6
5
14
-
income
70
36
334
-
pensions
63
50
143
-
health
24
19
54
-
total
181
125
587
-
Employer
612
488
1 396
-
pensions
77
61
175
-
surtax
2
2
2
-
payroll
18
15
42
-
other
29
23
66
-
health
23
18
53
-
accident
8
6
18
-
unemployment
18
15
42
-
chamber of commerce
2
2
6
-
total
177
142
404
-
Corporate
1 010
1 169
1 349
-
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.

252
292
337
-
total
252
292
337
-
Dividends
757
877
-
-
withholding
208
241
-
-
total
208
241
-
-
Income
1 800
1 800
1 800
1 800
Total tax
818
800
1 328
879
After tax
982
1 000
472
921
Living cost
431
431
431
431
Free-cash
551
569
41
490

Estimated living cost  is $431 per week

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

Additional information

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

Brussels , Belgium
$342
$377
$206
$562
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 800
national
-
-
-
639
communal

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

-
-
-
91
social contributions
-
-
-
282
total
-
-
-
1 012
Employee

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

876
-
1 394
-
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
269
-
486
-
communal

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

46
-
73
-
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
-
105
-
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
-
66
-
total
430
-
742
-
Employer

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

876
-
1 394
-
surtax
99
-
158
-
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
-
124
-
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
-
86
-
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
255
-
406
-
Corporate
670
1 800
-
-
income
134
360
-
-
surtax
3
7
-
-
total
137
367
-
-
Dividends
533
1 433
-
-
withholding

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

155
425
-
-
total
155
425
-
-
Income
1 800
1 800
1 800
1 800
Total tax
977
792
1 148
1 012
After tax
823
1 008
652
788
Living cost
446
446
446
446
Free-cash
377
562
206
342

Estimated living cost  is $446 per week

$287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$39
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sofia , Bulgaria
$1206
$1254
$1271
$1329
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
-
-
-
1 800
unemployment
-
-
-
2
health
-
-
-
49
pensions

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

-
-
-
63
income
-
-
-
270
total
-
-
-
384
Employee
279
-
1 716
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
income
28
-
172
-
pensions

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

24
-
38
-
health
13
-
20
-
total
68
-
235
-
Employer
279
-
1 716
-
pensions

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

31
-
47
-
health
19
-
29
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
unemployment
2
-
3
-
total
55
-
84
-
Corporate
1 467
1 800
-
-
income
147
180
-
-
total
147
180
-
-
Dividends
1 320
1 620
-
-
withholding
66
81
-
-
total
66
81
-
-
Income
1 800
1 800
1 800
1 800
Total tax
336
261
319
384
After tax
1 464
1 539
1 481
1 416
Living cost
210
210
210
210
Free-cash
1 254
1 329
1 271
1 206

Estimated living cost  is $210 per week

$139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$54
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
$1256
$1322
$1321
$1379
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
-
-
-
1 800
unemployment
-
-
-
2
health
-
-
-
49
pensions

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

-
-
-
63
income
-
-
-
270
total
-
-
-
384
Employee
212
-
1 716
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
income
21
-
172
-
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
-
235
-
Employer
212
-
1 716
-
pensions

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

23
-
47
-
health
15
-
29
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
unemployment
1
-
3
-
total
41
-
84
-
Corporate
1 546
1 800
-
-
income
155
180
-
-
total
155
180
-
-
Dividends
1 391
1 620
-
-
withholding
70
81
-
-
total
70
81
-
-
Income
1 800
1 800
1 800
1 800
Total tax
318
261
319
384
After tax
1 482
1 539
1 481
1 416
Living cost
160
160
160
160
Free-cash
1 322
1 379
1 321
1 256

Estimated living cost  is $160 per week

$94
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$11
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$51
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Larnaca , Cyprus
$965
$965
$949
$1032
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
-
-
-
1 800
health
-
-
-
46
social contributions
-
-
-
198
income
-
-
-
308
total
-
-
-
552
Employee
941
941
1 664
-
income
102
87
299
-
social contributions
36
78
105
-
health
7
16
28
-
total
145
181
432
-
Employer
941
941
1 664
-
social contributions
36
78
105
-
health
8
17
31
-
total
44
95
136
-
Corporate
1 328
763
-
-
income
166
95
-
-
total
166
95
-
-
Dividends
1 162
668
-
-
withholding
197
114
-
-
total
197
114
-
-
Income
1 800
1 800
1 800
1 800
Total tax
552
485
568
552
After tax
1 248
1 315
1 232
1 248
Living cost
283
283
283
283
Free-cash
965
1 032
949
965

Estimated living cost  is $283 per week

$170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$28
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$79
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
$851
$867
$835
$918
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
-
-
-
1 800
health
-
-
-
46
social contributions
-
-
-
198
income
-
-
-
308
total
-
-
-
552
Employee
941
941
1 664
-
income
99
87
299
-
social contributions
46
78
105
-
health
9
16
28
-
total
154
181
432
-
Employer
941
941
1 664
-
social contributions
46
78
105
-
health
10
17
31
-
total
56
95
136
-
Corporate
1 193
763
-
-
income
149
95
-
-
total
149
95
-
-
Dividends
1 044
668
-
-
withholding
177
114
-
-
total
177
114
-
-
Income
1 800
1 800
1 800
1 800
Total tax
536
485
568
552
After tax
1 264
1 315
1 232
1 248
Living cost
397
397
397
397
Free-cash
867
918
835
851

Estimated living cost  is $397 per week

$271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$31
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$88
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Brno , Czech Republic
$694
$856
$631
$956
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
-
-
-
1 800
health
-
-
-
243
social contributions
-
-
-
407
income
-
-
-
173
solidarity contribution
-
-
-
-
total
-
-
-
823
Employee
416
-
1 343
-
income
50
-
161
-
social contributions
27
-
87
-
health
56
-
181
-
solidarity contribution
-
-
-
-
total
133
-
429
-
Employer
416
-
1 343
-
social contributions
104
-
336
-
health
37
-
121
-
total
141
-
457
-
Corporate
1 243
1 800
-
-
income
236
342
-
-
total
236
342
-
-
Dividends
1 007
1 458
-
-
withholding
151
219
-
-
total
151
219
-
-
Income
1 800
1 800
1 800
1 800
Total tax
661
561
886
823
After tax
1 139
1 239
914
977
Living cost
283
283
283
283
Free-cash
856
956
631
694

Estimated living cost  is $283 per week

$196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$61
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
$629
$768
$566
$891
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
-
-
-
1 800
health
-
-
-
243
social contributions
-
-
-
407
income
-
-
-
173
solidarity contribution
-
-
-
-
total
-
-
-
823
Employee
512
-
1 343
-
income
61
-
161
-
social contributions
33
-
87
-
health
69
-
181
-
solidarity contribution
-
-
-
-
total
163
-
429
-
Employer
512
-
1 343
-
social contributions
128
-
336
-
health
46
-
121
-
total
174
-
457
-
Corporate
1 114
1 800
-
-
income
212
342
-
-
total
212
342
-
-
Dividends
902
1 458
-
-
withholding
135
219
-
-
total
135
219
-
-
Income
1 800
1 800
1 800
1 800
Total tax
684
561
886
823
After tax
1 116
1 239
914
977
Living cost
348
348
348
348
Free-cash
768
891
566
629

Estimated living cost  is $348 per week

$259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$19
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Copenhagen , Denmark
$492
-$874
-$874
-$874
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
-
-
-
1 800
national
-
-
-
199
pensions
-
-
-
11
municipal
-
-
-
364
labour market
-
-
-
143
total
-
-
-
717
Employee
2 496
2 496
2 496
-
municipal
531
531
531
-
national
305
305
305
-
pensions
4
4
4
-
labour market
199
199
199
-
total
1 039
1 039
1 039
-
Employer
2 496
2 496
2 496
-
pensions
7
7
7
-
labour market
200
200
200
-
municipal
532
532
532
-
national
305
305
305
-
total
1 044
1 044
1 044
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
1 800
1 800
1 800
1 800
Total tax
2 083
2 083
2 083
717
After tax
-283
-283
-283
1 083
Living cost
591
591
591
591
Free-cash
-874
-874
-874
492

Estimated living cost  is $591 per week

$405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$52
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$9
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
$669
$1068
$741
$1144
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
-
-
-
1 800
health
-
-
-
234
pensions
-
-
-
360
income
-
-
-
241
total
-
-
-
835
Employee
347
-
1 345
-
unemployment
6
-
22
-
income
39
-
259
-
pensions
7
-
27
-
total
52
-
308
-
Employer
347
-
1 345
-
pensions
69
-
269
-
health
45
-
175
-
unemployment
3
-
11
-
total
117
-
455
-
Corporate
1 335
1 800
-
-
income
267
360
-
-
total
267
360
-
-
Dividends
1 068
1 440
-
-
total
-
-
-
-
Income
1 800
1 800
1 800
1 800
Total tax
436
360
763
835
After tax
1 364
1 440
1 037
965
Living cost
296
296
296
296
Free-cash
1 068
1 144
741
669

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
$742
$701
$496
$680
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

-
-
-
1 800
national
-
-
-
245
health
-
-
-
23
municipal
-
-
-
320
total
-
-
-
588
Employee
644
-
1 514
-
unemployment
10
-
23
-
municipal
105
-
247
-
national
11
-
157
-
pensions
43
-
102
-
health
5
-
18
-
total
174
-
547
-
Employer
644
-
1 514
-
pensions
112
-
263
-
health
5
-
12
-
accident
1
-
2
-
unemployment
4
-
10
-
total
122
-
287
-
Corporate
1 034
1 800
-
-
income
207
360
-
-
total
207
360
-
-
Dividends

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

621
1 080
-
-
municipal
112
194
-
-
national
14
96
-
-
total
126
290
-
-
Income
1 800
1 800
1 800
1 800
Total tax
629
650
834
588
After tax
1 171
1 150
966
1 212
Living cost
470
470
470
470
Free-cash
701
680
496
742

Estimated living cost  is $470 per week

$307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$45
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Marseille , France
$643
$599
$654
$530
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
-
-
-
1 800
surtax
-
-
-
-
health
-
-
-
65
pensions
-
-
-
355
social contributions
-
-
-
51
income
-
-
-
253
other
-
-
-
56
total
-
-
-
780
Employee
468
-
1 415
-
income
24
-
256
-
surtax
-
-
-
-
social contributions
13
-
40
-
pensions
53
-
89
-
total
90
-
385
-
Employer
468
-
1 415
-
pensions
77
-
152
-
social contributions
1
-
4
-
other
16
-
51
-
health
33
-
120
-
unemployment
19
-
57
-
total
146
-
384
-
Corporate
1 186
1 800
-
-
income
332
504
-
-
surtax
-
-
-
-
total
332
504
-
-
Dividends
854
1 296
-
-
withholding
109
166
-
-
social contributions
147
223
-
-
surtax
-
-
-
-
total
256
389
-
-
Income
1 800
1 800
1 800
1 800
Total tax
824
893
769
780
After tax
976
907
1 031
1 020
Living cost
377
377
377
377
Free-cash
599
530
654
643

Estimated living cost  is $377 per week

$219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$38
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
$601
$560
$612
$488
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
-
-
-
1 800
surtax
-
-
-
-
health
-
-
-
65
pensions
-
-
-
355
social contributions
-
-
-
51
income
-
-
-
253
other
-
-
-
56
total
-
-
-
780
Employee
524
-
1 415
-
income
31
-
256
-
surtax
-
-
-
-
social contributions
15
-
40
-
pensions
59
-
89
-
total
105
-
385
-
Employer
524
-
1 415
-
pensions
86
-
152
-
social contributions
2
-
4
-
other
18
-
51
-
health
37
-
120
-
unemployment
21
-
57
-
total
164
-
384
-
Corporate
1 112
1 800
-
-
income
311
504
-
-
surtax
-
-
-
-
total
311
504
-
-
Dividends
801
1 296
-
-
withholding
103
166
-
-
social contributions
138
223
-
-
surtax
-
-
-
-
total
241
389
-
-
Income
1 800
1 800
1 800
1 800
Total tax
821
893
769
780
After tax
979
907
1 031
1 020
Living cost
419
419
419
419
Free-cash
560
488
612
601

Estimated living cost  is $419 per week

$264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Paris , France
$429
$401
$440
$316
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
-
-
-
1 800
surtax
-
-
-
-
health
-
-
-
65
pensions
-
-
-
355
social contributions
-
-
-
51
income
-
-
-
253
other
-
-
-
56
total
-
-
-
780
Employee
767
-
1 415
-
income
67
-
256
-
surtax
-
-
-
-
social contributions
22
-
40
-
pensions
87
-
89
-
total
176
-
385
-
Employer
767
-
1 415
-
pensions
126
-
152
-
social contributions
2
-
4
-
other
26
-
51
-
health
54
-
120
-
unemployment
31
-
57
-
total
239
-
384
-
Corporate
794
1 800
-
-
income
222
504
-
-
surtax
-
-
-
-
total
222
504
-
-
Dividends
572
1 296
-
-
withholding
73
166
-
-
social contributions
98
223
-
-
surtax
-
-
-
-
total
171
389
-
-
Income
1 800
1 800
1 800
1 800
Total tax
808
893
769
780
After tax
992
907
1 031
1 020
Living cost
591
591
591
591
Free-cash
401
316
440
429

Estimated living cost  is $591 per week

$400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$48
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
$1703
$1616
$1361
$1631
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%.

-
-
-
1 800
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
-
1 800
-
income
20
-
360
-
total
20
-
360
-
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%.

1 701
1 800
-
-
total
-
-
-
-
Dividends
1 701
1 800
-
-
withholding
85
90
-
-
total
85
90
-
-
Income
1 800
1 800
1 800
1 800
Total tax
105
90
360
18
After tax
1 695
1 710
1 440
1 782
Living cost
79
79
79
79
Free-cash
1 616
1 631
1 361
1 703

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
$1659
$1564
$1317
$1587
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%.

-
-
-
1 800
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
-
1 800
-
income
31
-
360
-
total
31
-
360
-
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
1 800
-
-
total
-
-
-
-
Dividends
1 646
1 800
-
-
withholding
82
90
-
-
total
82
90
-
-
Income
1 800
1 800
1 800
1 800
Total tax
113
90
360
18
After tax
1 687
1 710
1 440
1 782
Living cost
123
123
123
123
Free-cash
1 564
1 587
1 317
1 659

Estimated living cost  is $123 per week

$84
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$5
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$31
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
$521
$613
$698
$454
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
1 800
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
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.

-
-
-
517
trade
-
-
-
177
total
-
-
-
806
Employee

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

609
-
1 800
-
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
-
517
-
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
-
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
-
629
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 191
1 800
-
-
trade
171
258
-
-
income
179
270
-
-
chamber of commerce
4
5
-
-
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
15
-
-
total
364
548
-
-
Dividends
828
1 252
-
-
withholding
202
308
-
-
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
17
-
-
total
213
325
-
-
Income
1 800
1 800
1 800
1 800
Total tax
714
873
629
806
After tax
1 086
927
1 171
994
Living cost
473
473
473
473
Free-cash
613
454
698
521

Estimated living cost  is $473 per week

$326
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$51
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$89
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Dresden , Germany
$606
$672
$800
$538
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.

-
-
-
1 800
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
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.

-
-
-
517
trade
-
-
-
194
total
-
-
-
823
Employee

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

468
-
1 800
-
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
-
517
-
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
-
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
-
629
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 332
1 800
-
-
trade
210
283
-
-
income
200
270
-
-
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
15
-
-
total
425
572
-
-
Dividends
908
1 227
-
-
withholding
222
302
-
-
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
17
-
-
total
234
319
-
-
Income
1 800
1 800
1 800
1 800
Total tax
757
891
629
823
After tax
1 043
909
1 171
977
Living cost
371
371
371
371
Free-cash
672
538
800
606

Estimated living cost  is $371 per week

$233
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$43
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$87
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Hamburg , Germany
$488
$589
$690
$419
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.

-
-
-
1 800
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
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.

-
-
-
517
trade
-
-
-
202
total
-
-
-
831
Employee

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

621
-
1 800
-
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
-
517
-
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
-
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
-
629
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 179
1 800
-
-
trade
194
296
-
-
income
177
270
-
-
chamber of commerce
4
4
-
-
surtax

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

10
15
-
-
total
385
585
-
-
Dividends
795
1 215
-
-
withholding
194
299
-
-
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
205
315
-
-
Income
1 800
1 800
1 800
1 800
Total tax
730
900
629
831
After tax
1 070
900
1 171
969
Living cost
481
481
481
481
Free-cash
589
419
690
488

Estimated living cost  is $481 per week

$322
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$51
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Munich , Germany
$399
$525
$610
$329
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.

-
-
-
1 800
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
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.

-
-
-
517
trade
-
-
-
211
total
-
-
-
840
Employee

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

736
-
1 800
-
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
-
517
-
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
-
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
-
629
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 064
1 800
-
-
trade
183
309
-
-
income
160
270
-
-
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
15
-
-
total
355
598
-
-
Dividends
710
1 202
-
-
withholding
173
296
-
-
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
183
312
-
-
Income
1 800
1 800
1 800
1 800
Total tax
714
910
629
840
After tax
1 086
890
1 171
960
Living cost
561
561
561
561
Free-cash
525
329
610
399

Estimated living cost  is $561 per week

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

Additional information

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

Athens , Greece
$578
$818
$528
$857
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
-
-
-
1 800
surtax
-
-
-
63
unemployment
-
-
-
3
health
-
-
-
116
pensions
-
-
-
327
income
-
-
-
438
other
-
-
-
-
total
-
-
-
947
Employee
412
-
1 487
-
unemployment
29
-
103
-
other
-
-
-
-
income
69
-
389
-
surtax
1
-
55
-
pensions
28
-
99
-
health
11
-
38
-
total
138
-
684
-
Employer
412
-
1 487
-
pensions
55
-
198
-
other
-
-
-
-
health
19
-
68
-
unemployment
13
-
47
-
total
87
-
313
-
Corporate
1 301
1 800
-
-
income
338
468
-
-
total
338
468
-
-
Dividends
963
1 332
-
-
withholding
144
200
-
-
total
144
200
-
-
Income
1 800
1 800
1 800
1 800
Total tax
707
668
997
947
After tax
1 093
1 132
803
853
Living cost
275
275
275
275
Free-cash
818
857
528
578

Estimated living cost  is $275 per week

$166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$24
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$79
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Thessaloniki , Greece
$583
$825
$533
$862
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
-
-
-
1 800
surtax
-
-
-
63
unemployment
-
-
-
3
health
-
-
-
116
pensions
-
-
-
327
income
-
-
-
438
other
-
-
-
-
total
-
-
-
947
Employee
405
-
1 487
-
unemployment
28
-
103
-
other
-
-
-
-
income
68
-
389
-
surtax
1
-
55
-
pensions
27
-
99
-
health
10
-
38
-
total
134
-
684
-
Employer
405
-
1 487
-
pensions
54
-
198
-
other
-
-
-
-
health
18
-
68
-
unemployment
13
-
47
-
total
85
-
313
-
Corporate
1 310
1 800
-
-
income
341
468
-
-
total
341
468
-
-
Dividends
969
1 332
-
-
withholding
145
200
-
-
total
145
200
-
-
Income
1 800
1 800
1 800
1 800
Total tax
705
668
997
947
After tax
1 095
1 132
803
853
Living cost
270
270
270
270
Free-cash
825
862
533
583

Estimated living cost  is $270 per week

$165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$74
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Budapest , Hungary
$1004
$775
$800
$770
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
-
-
-
1 800
unemployment
-
-
-
27
health
-
-
-
126
pensions
-
-
-
180
income
-
-
-
220
total
-
-
-
553
Employee

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

The minimum wage is 138,000 HUF per month.

351
140
1 506
-
unemployment
5
2
23
-
income
43
17
184
-
pensions
35
14
151
-
health
25
10
105
-
total
108
43
463
-
Employer

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

The minimum wage is 138,000 HUF per month.

351
140
1 506
-
pensions
68
27
294
-
total
68
27
294
-
Corporate
1 381
1 633
-
-
income
124
147
-
-
total
124
147
-
-
Dividends
1 256
1 486
-
-
withholding
239
282
-
-
social contributions
243
288
-
-
total
482
570
-
-
Income
1 800
1 800
1 800
1 800
Total tax
782
787
757
553
After tax
1 018
1 013
1 043
1 247
Living cost
243
243
243
243
Free-cash
775
770
800
1 004

Estimated living cost  is $243 per week

$166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$52
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
$474
$521
$488
$530
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
-
-
-
1 800
national
-
-
-
303
pensions
-
-
-
216
social contributions
-
-
-
19
municipal
-
-
-
195
total
-
-
-
733
Employee
919
-
1 556
-
municipal
113
-
202
-
national
176
-
314
-
pensions
37
-
62
-
total
326
-
578
-
Employer
919
-
1 556
-
pensions
73
-
124
-
social contributions
10
-
17
-
total
83
-
141
-
Corporate
737
1 800
-
-
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%.

147
360
-
-
total
147
360
-
-
Dividends
590
1 440
-
-
withholding
130
317
-
-
total
130
317
-
-
Income
1 800
1 800
1 800
1 800
Total tax
686
677
719
733
After tax
1 114
1 123
1 081
1 067
Living cost
593
593
593
593
Free-cash
521
530
488
474

Estimated living cost  is $593 per week

$403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$55
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$9
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Dublin , Ireland
$293
$590
$293
$563
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
-
-
-
1 800
social contributions
-
-
-
292
income
-
-
-
518
total
-
-
-
810
Employee
958
-
1 800
-
social contributions
80
-
292
-
income
181
-
518
-
total
261
-
810
-
Employer
958
-
1 800
-
total
-
-
-
-
Corporate
842
1 800
-
-
income
105
225
-
-
total
105
225
-
-
Dividends
737
1 575
-
-
withholding
147
315
-
-
total
147
315
-
-
Income
1 800
1 800
1 800
1 800
Total tax
513
540
810
810
After tax
1 287
1 260
990
990
Living cost
697
697
697
697
Free-cash
590
563
293
293

Estimated living cost  is $697 per week

$530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$57
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Milan , Italy
$364
$379
$280
$444
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
-
-
-
1 800
national
-
-
-
424
regional
-
-
-
21
social contributions
-
-
-
463
municipal
-
-
-
11
total
-
-
-
919
Employee
1 088
-
1 800
-
municipal
6
-
10
-
national
189
-
368
-
social contributions
367
-
607
-
regional
10
-
18
-
total
572
-
1 003
-
Employer
1 088
-
1 800
-
total
-
-
-
-
Corporate
712
1 800
-
-
nationa
171
432
-
-
municipal
28
70
-
-
total
199
502
-
-
Dividends
513
1 298
-
-
withholding
133
337
-
-
total
133
337
-
-
Income
1 800
1 800
1 800
1 800
Total tax
904
839
1 003
919
After tax
896
961
797
881
Living cost
517
517
517
517
Free-cash
379
444
280
364

Estimated living cost  is $517 per week

$360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Naples , Italy
$545
$588
$461
$617
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
-
-
-
1 800
national
-
-
-
424
regional
-
-
-
27
social contributions
-
-
-
463
municipal
-
-
-
11
total
-
-
-
925
Employee
679
-
1 800
-
municipal
4
-
10
-
national
108
-
368
-
social contributions
229
-
607
-
regional
9
-
24
-
total
350
-
1 009
-
Employer
679
-
1 800
-
total
-
-
-
-
Corporate
1 121
1 800
-
-
nationa
269
432
-
-
municipal
56
89
-
-
total
325
521
-
-
Dividends
796
1 279
-
-
withholding
207
332
-
-
total
207
332
-
-
Income
1 800
1 800
1 800
1 800
Total tax
882
853
1 009
925
After tax
918
947
791
875
Living cost
330
330
330
330
Free-cash
588
617
461
545

Estimated living cost  is $330 per week

$205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$33
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$86
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source