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
$1265
$1028
$980
$1225
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
-
-
-
69
total
-
-
-
465
Employee
379
-
1 558
-
social contributions
25
-
101
-
income
-
-
74
-
total
25
-
175
-
Employer
379
-
1 558
-
social contributions
59
-
242
-
total
59
-
242
-
Corporate
1 362
1 800
-
-
income
136
180
-
-
total
136
180
-
-
Dividends
1 226
1 620
-
-
total
-
-
-
-
Income
1 800
1 800
1 800
1 800
Total tax
220
180
417
465
After tax
1 580
1 620
1 383
1 335
Living cost
355
355
355
355
Free-cash
1 225
1 265
1 028
980

Estimated living cost  is $355 per week

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

Additional information

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

Graz , Austria
$623
$94
$550
$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
chamber of commerce
-
-
-
7
unemployment
-
-
-
72
health
-
-
-
105
pensions
-
-
-
255
income
-
-
-
434
surtax
-
-
-
-
total
-
-
-
873
Employee
516
470
1 402
-
health
20
18
53
-
pensions
53
48
141
-
other
5
5
14
-
unemployment
15
14
41
-
income
46
35
343
-
total
139
120
592
-
Employer
516
470
1 402
-
pensions
65
59
173
-
accident
7
6
18
-
unemployment
15
14
41
-
surtax
-
-
-
-
payroll
15
14
42
-
chamber of commerce
2
2
6
-
health
20
18
52
-
other
25
22
66
-
total
149
135
398
-
Corporate
1 136
1 194
1 357
-
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.

284
299
339
-
total
284
299
339
-
Dividends
852
896
-
-
withholding
234
246
-
-
total
234
246
-
-
Income
1 800
1 800
1 800
1 800
Total tax
806
800
1 329
873
After tax
994
1 000
471
927
Living cost
377
377
377
377
Free-cash
617
623
94
550

Estimated living cost  is $377 per week

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

Additional information

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

Vienna , Austria
$583
$54
$509
$564
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
chamber of commerce
-
-
-
7
unemployment
-
-
-
72
health
-
-
-
105
pensions
-
-
-
255
income
-
-
-
434
surtax
-
-
-
2
total
-
-
-
875
Employee
590
470
1 399
-
health
23
18
53
-
pensions
60
48
141
-
other
6
5
14
-
unemployment
18
14
41
-
income
67
35
342
-
total
174
120
591
-
Employer
590
470
1 399
-
pensions
74
59
173
-
accident
8
6
18
-
unemployment
18
14
41
-
surtax
2
2
2
-
payroll
18
14
42
-
chamber of commerce
2
2
6
-
health
22
18
52
-
other
28
22
66
-
total
172
137
400
-
Corporate
1 038
1 192
1 355
-
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.

260
298
339
-
total
260
298
339
-
Dividends
779
894
-
-
withholding
214
246
-
-
total
214
246
-
-
Income
1 800
1 800
1 800
1 800
Total tax
820
801
1 330
875
After tax
980
999
470
925
Living cost
416
416
416
416
Free-cash
564
583
54
509

Estimated living cost  is $416 per week

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

Additional information

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

Brussels , Belgium
$577
$218
$354
$400
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 800
social contributions
-
-
-
281
communal

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

-
-
-
91
national
-
-
-
644
total
-
-
-
1 016
Employee

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

844
-
1 394
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

40
-
66
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

63
-
105
-
communal

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

44
-
73
-
national
260
-
490
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

7
-
12
-
total
414
-
746
-
Employer

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

844
-
1 394
-
accident

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

11
-
18
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

12
-
20
-
surtax
96
-
158
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

52
-
86
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

75
-
124
-
total
246
-
406
-
Corporate
710
1 800
-
-
surtax
3
7
-
-
income
142
360
-
-
total
145
367
-
-
Dividends
565
1 433
-
-
withholding

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

165
426
-
-
total
165
426
-
-
Income
1 800
1 800
1 800
1 800
Total tax
970
793
1 152
1 016
After tax
830
1 007
648
784
Living cost
430
430
430
430
Free-cash
400
577
218
354

Estimated living cost  is $430 per week

$277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$38
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sofia , Bulgaria
$1336
$1285
$1217
$1262
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
-
-
-
47
pensions

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

-
-
-
61
income
-
-
-
270
total
-
-
-
380
Employee
269
-
1 719
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
health
12
-
19
-
pensions

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

24
-
36
-
income
27
-
172
-
total
66
-
232
-
Employer
269
-
1 719
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
unemployment
2
-
2
-
health
19
-
28
-
pensions

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

30
-
45
-
total
54
-
80
-
Corporate
1 479
1 800
-
-
income
148
180
-
-
total
148
180
-
-
Dividends
1 331
1 620
-
-
withholding
67
81
-
-
total
67
81
-
-
Income
1 800
1 800
1 800
1 800
Total tax
335
261
312
380
After tax
1 465
1 539
1 488
1 420
Living cost
203
203
203
203
Free-cash
1 262
1 336
1 285
1 217

Estimated living cost  is $203 per week

$134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$52
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
$1384
$1333
$1265
$1330
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
-
-
-
47
pensions

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

-
-
-
61
income
-
-
-
270
total
-
-
-
380
Employee
205
-
1 719
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
health
9
-
19
-
pensions

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

18
-
36
-
income
20
-
172
-
total
49
-
232
-
Employer
205
-
1 719
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
unemployment
1
-
2
-
health
14
-
28
-
pensions

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

23
-
45
-
total
40
-
80
-
Corporate
1 555
1 800
-
-
income
156
180
-
-
total
156
180
-
-
Dividends
1 400
1 620
-
-
withholding
70
81
-
-
total
70
81
-
-
Income
1 800
1 800
1 800
1 800
Total tax
315
261
312
380
After tax
1 485
1 539
1 488
1 420
Living cost
155
155
155
155
Free-cash
1 330
1 384
1 333
1 265

Estimated living cost  is $155 per week

$90
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$11
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$49
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Larnaca , Cyprus
$1042
$954
$971
$977
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
-
-
-
191
health
-
-
-
46
income
-
-
-
319
total
-
-
-
556
Employee
908
908
1 668
-
health
7
15
28
-
social contributions
34
75
102
-
income
99
84
310
-
total
140
174
440
-
Employer
908
908
1 668
-
social contributions
34
75
102
-
health
8
17
31
-
total
42
92
133
-
Corporate
1 345
800
-
-
income
168
100
-
-
total
168
100
-
-
Dividends
1 177
700
-
-
withholding
200
119
-
-
total
200
119
-
-
Income
1 800
1 800
1 800
1 800
Total tax
550
485
573
556
After tax
1 250
1 315
1 227
1 244
Living cost
273
273
273
273
Free-cash
977
1 042
954
971

Estimated living cost  is $273 per week

$164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$27
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$77
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
$932
$844
$861
$882
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
-
-
-
191
health
-
-
-
46
income
-
-
-
319
total
-
-
-
556
Employee
908
908
1 668
-
health
9
15
28
-
social contributions
44
75
102
-
income
95
84
310
-
total
148
174
440
-
Employer
908
908
1 668
-
social contributions
44
75
102
-
health
10
17
31
-
total
54
92
133
-
Corporate
1 215
800
-
-
income
152
100
-
-
total
152
100
-
-
Dividends
1 063
700
-
-
withholding
181
119
-
-
total
181
119
-
-
Income
1 800
1 800
1 800
1 800
Total tax
535
485
573
556
After tax
1 265
1 315
1 227
1 244
Living cost
383
383
383
383
Free-cash
882
932
844
861

Estimated living cost  is $383 per week

$262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$30
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$85
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Brno , Czech Republic
$961
$636
$705
$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
social contributions
-
-
-
400
health
-
-
-
243
solidarity contribution
-
-
-
-
income
-
-
-
174
total
-
-
-
817
Employee
408
-
1 343
-
health
55
-
181
-
social contributions
27
-
87
-
solidarity contribution
-
-
-
-
income
49
-
161
-
total
131
-
429
-
Employer
408
-
1 343
-
social contributions
102
-
336
-
health
37
-
121
-
total
139
-
457
-
Corporate
1 253
1 800
-
-
income
238
342
-
-
total
238
342
-
-
Dividends
1 015
1 458
-
-
withholding
152
219
-
-
total
152
219
-
-
Income
1 800
1 800
1 800
1 800
Total tax
660
561
886
817
After tax
1 140
1 239
914
983
Living cost
278
278
278
278
Free-cash
862
961
636
705

Estimated living cost  is $278 per week

$193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$60
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
$897
$572
$641
$775
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
-
-
-
400
health
-
-
-
243
solidarity contribution
-
-
-
-
income
-
-
-
174
total
-
-
-
817
Employee
503
-
1 343
-
health
68
-
181
-
social contributions
33
-
87
-
solidarity contribution
-
-
-
-
income
60
-
161
-
total
161
-
429
-
Employer
503
-
1 343
-
social contributions
126
-
336
-
health
45
-
121
-
total
171
-
457
-
Corporate
1 126
1 800
-
-
income
214
342
-
-
total
214
342
-
-
Dividends
912
1 458
-
-
withholding
137
219
-
-
total
137
219
-
-
Income
1 800
1 800
1 800
1 800
Total tax
683
561
886
817
After tax
1 117
1 239
914
983
Living cost
342
342
342
342
Free-cash
775
897
572
641

Estimated living cost  is $342 per week

$255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$19
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$63
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Copenhagen , Denmark
-$777
-$777
$509
-$777
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
labour market
-
-
-
143
municipal
-
-
-
366
pensions
-
-
-
10
national
-
-
-
202
total
-
-
-
721
Employee
2 406
2 406
2 406
-
municipal
512
512
512
-
pensions
3
3
3
-
national
294
294
294
-
labour market
192
192
192
-
total
1 001
1 001
1 001
-
Employer
2 406
2 406
2 406
-
labour market
192
192
192
-
national
294
294
294
-
municipal
513
513
513
-
pensions
7
7
7
-
total
1 006
1 006
1 006
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
1 800
1 800
1 800
1 800
Total tax
2 007
2 007
2 007
721
After tax
-207
-207
-207
1 079
Living cost
570
570
570
570
Free-cash
-777
-777
-777
509

Estimated living cost  is $570 per week

$390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$50
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$9
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
$1155
$752
$680
$1081
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
335
-
1 345
-
pensions
7
-
27
-
unemployment
5
-
22
-
income
38
-
259
-
total
50
-
308
-
Employer
335
-
1 345
-
pensions
67
-
269
-
unemployment
3
-
11
-
health
44
-
175
-
total
114
-
455
-
Corporate
1 352
1 800
-
-
income
270
360
-
-
total
270
360
-
-
Dividends
1 082
1 440
-
-
total
-
-
-
-
Income
1 800
1 800
1 800
1 800
Total tax
434
360
763
835
After tax
1 366
1 440
1 037
965
Living cost
285
285
285
285
Free-cash
1 081
1 155
752
680

Estimated living cost  is $285 per week

$196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$67
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Helsinki , Finland
$693
$508
$748
$714
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
health
-
-
-
23
municipal
-
-
-
320
national
-
-
-
256
total
-
-
-
599
Employee
621
-
1 514
-
health
5
-
18
-
municipal
102
-
247
-
pensions
42
-
102
-
national
10
-
162
-
unemployment
9
-
23
-
total
168
-
552
-
Employer
621
-
1 514
-
accident
1
-
2
-
unemployment
4
-
10
-
health
5
-
12
-
pensions
108
-
263
-
total
118
-
287
-
Corporate
1 062
1 800
-
-
income
212
360
-
-
total
212
360
-
-
Dividends

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

637
1 080
-
-
municipal
115
194
-
-
national
20
100
-
-
total
135
294
-
-
Income
1 800
1 800
1 800
1 800
Total tax
633
654
839
599
After tax
1 167
1 146
961
1 201
Living cost
453
453
453
453
Free-cash
714
693
508
748

Estimated living cost  is $453 per week

$296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$44
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$106
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Marseille , France
$543
$657
$655
$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
social contributions
-
-
-
51
health
-
-
-
67
pensions
-
-
-
348
other
-
-
-
56
income
-
-
-
259
surtax
-
-
-
-
total
-
-
-
781
Employee
451
-
1 410
-
income
23
-
259
-
social contributions
13
-
40
-
pensions
51
-
91
-
surtax
-
-
-
-
total
87
-
390
-
Employer
451
-
1 410
-
pensions
74
-
154
-
social contributions
1
-
4
-
unemployment
18
-
57
-
health
32
-
122
-
other
16
-
52
-
total
141
-
389
-
Corporate
1 208
1 800
-
-
surtax
-
-
-
-
income
338
504
-
-
total
338
504
-
-
Dividends
870
1 296
-
-
surtax
-
-
-
-
withholding
111
166
-
-
social contributions
150
223
-
-
total
261
389
-
-
Income
1 800
1 800
1 800
1 800
Total tax
827
893
779
781
After tax
973
907
1 021
1 019
Living cost
364
364
364
364
Free-cash
609
543
657
655

Estimated living cost  is $364 per week

$211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$37
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
$503
$617
$615
$574
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
-
-
-
51
health
-
-
-
67
pensions
-
-
-
348
other
-
-
-
56
income
-
-
-
259
surtax
-
-
-
-
total
-
-
-
781
Employee
505
-
1 410
-
income
30
-
259
-
social contributions
14
-
40
-
pensions
57
-
91
-
surtax
-
-
-
-
total
101
-
390
-
Employer
505
-
1 410
-
pensions
83
-
154
-
social contributions
2
-
4
-
unemployment
20
-
57
-
health
35
-
122
-
other
17
-
52
-
total
157
-
389
-
Corporate
1 137
1 800
-
-
surtax
-
-
-
-
income
318
504
-
-
total
318
504
-
-
Dividends
819
1 296
-
-
surtax
-
-
-
-
withholding
105
166
-
-
social contributions
141
223
-
-
total
246
389
-
-
Income
1 800
1 800
1 800
1 800
Total tax
822
893
779
781
After tax
978
907
1 021
1 019
Living cost
404
404
404
404
Free-cash
574
503
617
615

Estimated living cost  is $404 per week

$255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$33
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Paris , France
$337
$451
$449
$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
-
-
-
1 800
social contributions
-
-
-
51
health
-
-
-
67
pensions
-
-
-
348
other
-
-
-
56
income
-
-
-
259
surtax
-
-
-
-
total
-
-
-
781
Employee
739
-
1 410
-
income
64
-
259
-
social contributions
21
-
40
-
pensions
84
-
91
-
surtax
-
-
-
-
total
169
-
390
-
Employer
739
-
1 410
-
pensions
121
-
154
-
social contributions
2
-
4
-
unemployment
30
-
57
-
health
52
-
122
-
other
26
-
52
-
total
231
-
389
-
Corporate
830
1 800
-
-
surtax
-
-
-
-
income
232
504
-
-
total
232
504
-
-
Dividends
598
1 296
-
-
surtax
-
-
-
-
withholding
76
166
-
-
social contributions
103
223
-
-
total
179
389
-
-
Income
1 800
1 800
1 800
1 800
Total tax
811
893
779
781
After tax
989
907
1 021
1 019
Living cost
570
570
570
570
Free-cash
419
337
451
449

Estimated living cost  is $570 per week

$386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$47
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
$1627
$1357
$1699
$1611
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
104
-
1 800
-
income
21
-
360
-
total
21
-
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%.

1 696
1 800
-
-
total
-
-
-
-
Dividends
1 696
1 800
-
-
withholding
85
90
-
-
total
85
90
-
-
Income
1 800
1 800
1 800
1 800
Total tax
106
90
360
18
After tax
1 694
1 710
1 440
1 782
Living cost
83
83
83
83
Free-cash
1 611
1 627
1 357
1 699

Estimated living cost  is $83 per week

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

Additional information

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

Tbilisi , Georgia
$1580
$1310
$1652
$1556
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
162
-
1 800
-
income
32
-
360
-
total
32
-
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%.

1 638
1 800
-
-
total
-
-
-
-
Dividends
1 638
1 800
-
-
withholding
82
90
-
-
total
82
90
-
-
Income
1 800
1 800
1 800
1 800
Total tax
114
90
360
18
After tax
1 686
1 710
1 440
1 782
Living cost
130
130
130
130
Free-cash
1 556
1 580
1 310
1 652

Estimated living cost  is $130 per week

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

Additional information

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

Berlin , Germany
$471
$709
$529
$625
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
health

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

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

-
-
-
81
trade
-
-
-
180
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.

-
-
-
525
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.

-
-
-
29
total
-
-
-
815
Employee

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

587
-
1 800
-
health

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

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

81
-
81
-
surtax

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

3
-
29
-
income

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

48
-
525
-
total
132
-
635
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 213
1 800
-
-
trade
174
258
-
-
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
-
-
chamber of commerce
4
4
-
-
income
182
270
-
-
total
370
547
-
-
Dividends
843
1 252
-
-
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
-
-
withholding
206
309
-
-
total
217
326
-
-
Income
1 800
1 800
1 800
1 800
Total tax
719
873
635
815
After tax
1 081
927
1 165
985
Living cost
456
456
456
456
Free-cash
625
471
709
529

Estimated living cost  is $456 per week

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

Additional information

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

Dresden , Germany
$551
$808
$611
$682
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
health

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

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

-
-
-
81
trade
-
-
-
197
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.

-
-
-
525
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.

-
-
-
29
total
-
-
-
832
Employee

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

451
-
1 800
-
health

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

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

81
-
81
-
surtax

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

1
-
29
-
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
-
525
-
total
95
-
635
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 349
1 800
-
-
trade
212
284
-
-
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
-
-
chamber of commerce
4
4
-
-
income
202
270
-
-
total
429
573
-
-
Dividends
919
1 227
-
-
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
-
-
withholding
225
302
-
-
total
237
319
-
-
Income
1 800
1 800
1 800
1 800
Total tax
761
892
635
832
After tax
1 039
908
1 165
968
Living cost
358
358
358
358
Free-cash
682
551
808
611

Estimated living cost  is $358 per week

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

Additional information

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

Hamburg , Germany
$436
$701
$495
$601
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
health

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

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

-
-
-
81
trade
-
-
-
206
income

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

-
-
-
525
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.

-
-
-
29
total
-
-
-
841
Employee

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

599
-
1 800
-
health

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

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

81
-
81
-
surtax

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

3
-
29
-
income

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

51
-
525
-
total
135
-
635
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 201
1 800
-
-
trade
198
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
15
-
-
chamber of commerce
3
4
-
-
income
180
270
-
-
total
391
585
-
-
Dividends
810
1 215
-
-
surtax

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

11
16
-
-
withholding
198
299
-
-
total
209
315
-
-
Income
1 800
1 800
1 800
1 800
Total tax
735
900
635
841
After tax
1 065
900
1 165
959
Living cost
464
464
464
464
Free-cash
601
436
701
495

Estimated living cost  is $464 per week

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

Additional information

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

Munich , Germany
$349
$624
$409
$540
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
health

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

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

-
-
-
81
trade
-
-
-
215
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.

-
-
-
525
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.

-
-
-
29
total
-
-
-
850
Employee

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

709
-
1 800
-
health

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

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

81
-
81
-
surtax

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

5
-
29
-
income

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

83
-
525
-
total
169
-
635
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 091
1 800
-
-
trade
187
309
-
-
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
-
-
chamber of commerce
3
4
-
-
income
164
270
-
-
total
363
598
-
-
Dividends
728
1 202
-
-
surtax

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

10
16
-
-
withholding
177
296
-
-
total
187
312
-
-
Income
1 800
1 800
1 800
1 800
Total tax
719
910
635
850
After tax
1 081
890
1 165
950
Living cost
541
541
541
541
Free-cash
540
349
624
409

Estimated living cost  is $541 per week

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

Additional information

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

Athens , Greece
$867
$531
$589
$829
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
-
-
-
3
health
-
-
-
112
pensions
-
-
-
315
other
-
-
-
-
income
-
-
-
451
surtax
-
-
-
65
total
-
-
-
946
Employee
397
-
1 487
-
health
10
-
38
-
pensions
27
-
99
-
surtax
1
-
56
-
other
-
-
-
-
unemployment
28
-
103
-
income
67
-
395
-
total
133
-
691
-
Employer
397
-
1 487
-
pensions
53
-
198
-
unemployment
13
-
47
-
health
18
-
68
-
other
-
-
-
-
total
84
-
313
-
Corporate
1 319
1 800
-
-
income
343
468
-
-
total
343
468
-
-
Dividends
976
1 332
-
-
withholding
146
200
-
-
total
146
200
-
-
Income
1 800
1 800
1 800
1 800
Total tax
706
668
1 004
946
After tax
1 094
1 132
796
854
Living cost
265
265
265
265
Free-cash
829
867
531
589

Estimated living cost  is $265 per week

$160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$23
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$76
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Thessaloniki , Greece
$872
$536
$594
$837
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
-
-
-
3
health
-
-
-
112
pensions
-
-
-
315
other
-
-
-
-
income
-
-
-
451
surtax
-
-
-
65
total
-
-
-
946
Employee
390
-
1 487
-
health
10
-
38
-
pensions
26
-
99
-
surtax
1
-
56
-
other
-
-
-
-
unemployment
27
-
103
-
income
65
-
395
-
total
129
-
691
-
Employer
390
-
1 487
-
pensions
52
-
198
-
unemployment
12
-
47
-
health
18
-
68
-
other
-
-
-
-
total
82
-
313
-
Corporate
1 328
1 800
-
-
income
345
468
-
-
total
345
468
-
-
Dividends
982
1 332
-
-
withholding
147
200
-
-
total
147
200
-
-
Income
1 800
1 800
1 800
1 800
Total tax
703
668
1 004
946
After tax
1 097
1 132
796
854
Living cost
260
260
260
260
Free-cash
837
872
536
594

Estimated living cost  is $260 per week

$159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$24
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$71
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Budapest , Hungary
$780
$811
$1015
$786
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.

334
133
1 506
-
health
23
9
105
-
pensions
33
13
151
-
unemployment
5
2
23
-
income
41
16
184
-
total
102
40
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.

334
133
1 506
-
pensions
65
26
294
-
total
65
26
294
-
Corporate
1 401
1 641
-
-
income
126
148
-
-
total
126
148
-
-
Dividends
1 275
1 493
-
-
withholding
242
284
-
-
social contributions
247
290
-
-
total
489
574
-
-
Income
1 800
1 800
1 800
1 800
Total tax
782
788
757
553
After tax
1 018
1 012
1 043
1 247
Living cost
232
232
232
232
Free-cash
786
780
811
1 015

Estimated living cost  is $232 per week

$158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$19
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$50
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
$527
$486
$471
$517
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
-
-
-
19
municipal
-
-
-
195
pensions
-
-
-
216
national
-
-
-
303
total
-
-
-
733
Employee
924
-
1 556
-
municipal
114
-
202
-
pensions
37
-
62
-
national
177
-
313
-
total
328
-
577
-
Employer
924
-
1 556
-
social contributions
10
-
17
-
pensions
74
-
124
-
total
84
-
141
-
Corporate
732
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%.

146
360
-
-
total
146
360
-
-
Dividends
585
1 440
-
-
withholding
129
317
-
-
total
129
317
-
-
Income
1 800
1 800
1 800
1 800
Total tax
687
677
718
733
After tax
1 113
1 123
1 082
1 067
Living cost
596
596
596
596
Free-cash
517
527
486
471

Estimated living cost  is $596 per week

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

Additional information

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

Dublin , Ireland
$588
$309
$309
$614
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
-
-
-
294
income
-
-
-
525
total
-
-
-
819
Employee
923
-
1 800
-
social contributions
77
-
294
-
income
174
-
525
-
total
251
-
819
-
Employer
923
-
1 800
-
total
-
-
-
-
Corporate
877
1 800
-
-
income
110
225
-
-
total
110
225
-
-
Dividends
767
1 575
-
-
withholding
153
315
-
-
total
153
315
-
-
Income
1 800
1 800
1 800
1 800
Total tax
514
540
819
819
After tax
1 286
1 260
981
981
Living cost
672
672
672
672
Free-cash
614
588
309
309

Estimated living cost  is $672 per week

$511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$55
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Milan , Italy
$463
$296
$378
$400
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 800
regional
-
-
-
21
social contributions
-
-
-
463
municipal
-
-
-
11
national
-
-
-
429
total
-
-
-
924
Employee
1 049
-
1 800
-
regional
10
-
18
-
municipal
6
-
10
-
social contributions
354
-
607
-
national
182
-
371
-
total
552
-
1 006
-
Employer
1 049
-
1 800
-
total
-
-
-
-
Corporate
751
1 800
-
-
nationa
180
432
-
-
municipal
29
70
-
-
total
209
502
-
-
Dividends
542
1 298
-
-
withholding
141
337
-
-
total
141
337
-
-
Income
1 800
1 800
1 800
1 800
Total tax
902
839
1 006
924
After tax
898
961
794
876
Living cost
498
498
498
498
Free-cash
400
463
296
378

Estimated living cost  is $498 per week

$347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$33
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Naples , Italy
$629
$470
$552
$601
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
regional
-
-
-
27
social contributions
-
-
-
463
municipal
-
-
-
11
national
-
-
-
429
total
-
-
-
930
Employee
655
-
1 800
-
regional
9
-
24
-
municipal
3
-
10
-
social contributions
221
-
607
-
national
104
-
371
-
total
337
-
1 012
-
Employer
655
-
1 800
-
total
-
-
-
-
Corporate
1 145
1 800
-
-
nationa
275
432
-
-
municipal
57
89
-
-
total
332
521
-
-
Dividends
814
1 279
-
-
withholding
212
332
-
-
total
212
332
-
-
Income
1 800
1 800
1 800
1 800
Total tax
881
853
1 012
930
After tax
919
947
788
870
Living cost
318
318
318
318
Free-cash
601
629
470
552

Estimated living cost  is $318 per week

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