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
$ 1850
per

Your estimated
City
free-cash

Andorra , Andorra
$1005
$1255
$1055
$1297
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
-
-
-
1 850
social contributions
-
-
-
407
income
-
-
-
70
total
-
-
-
477
Employee
394
-
1 602
-
social contributions
26
-
104
-
income
-
-
75
-
total
26
-
179
-
Employer
394
-
1 602
-
social contributions
61
-
248
-
total
61
-
248
-
Corporate
1 395
1 850
-
-
income
140
185
-
-
total
140
185
-
-
Dividends
1 256
1 665
-
-
total
-
-
-
-
Income
1 850
1 850
1 850
1 850
Total tax
227
185
427
477
After tax
1 623
1 665
1 423
1 373
Living cost
368
368
368
368
Free-cash
1 255
1 297
1 055
1 005

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
$561
$632
$92
$637
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
-
-
-
1 850
surtax
-
-
-
-
unemployment
-
-
-
75
health
-
-
-
109
chamber of commerce
-
-
-
7
pensions
-
-
-
265
income
-
-
-
442
total
-
-
-
898
Employee
535
488
1 438
-
unemployment
16
15
43
-
other
5
5
14
-
income
48
36
349
-
pensions
55
50
146
-
health
21
19
55
-
total
145
125
607
-
Employer
535
488
1 438
-
pensions
67
61
179
-
surtax
-
-
-
-
payroll
16
15
43
-
other
25
23
68
-
health
20
18
54
-
accident
7
6
19
-
unemployment
16
15
43
-
chamber of commerce
2
2
6
-
total
153
140
412
-
Corporate
1 161
1 222
1 391
-
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.

290
305
348
-
total
290
305
348
-
Dividends
871
916
-
-
withholding
239
252
-
-
total
239
252
-
-
Income
1 850
1 850
1 850
1 850
Total tax
827
822
1 367
898
After tax
1 023
1 028
483
952
Living cost
391
391
391
391
Free-cash
632
637
92
561

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
$519
$577
$52
$596
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
-
-
-
1 850
surtax
-
-
-
2
unemployment
-
-
-
75
health
-
-
-
109
chamber of commerce
-
-
-
7
pensions
-
-
-
265
income
-
-
-
442
total
-
-
-
900
Employee
612
488
1 436
-
unemployment
18
15
43
-
other
6
5
14
-
income
70
36
348
-
pensions
63
50
146
-
health
24
19
55
-
total
181
125
606
-
Employer
612
488
1 436
-
pensions
77
61
179
-
surtax
2
2
2
-
payroll
18
15
43
-
other
29
23
68
-
health
23
18
54
-
accident
8
6
19
-
unemployment
18
15
43
-
chamber of commerce
2
2
6
-
total
177
142
414
-
Corporate
1 060
1 219
1 389
-
income

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

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

265
305
347
-
total
265
305
347
-
Dividends
795
915
-
-
withholding
219
251
-
-
total
219
251
-
-
Income
1 850
1 850
1 850
1 850
Total tax
842
823
1 367
900
After tax
1 008
1 027
483
950
Living cost
431
431
431
431
Free-cash
577
596
52
519

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
$361
$405
$224
$590
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 850
national
-
-
-
660
communal

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

-
-
-
94
social contributions
-
-
-
289
total
-
-
-
1 043
Employee

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

876
-
1 433
-
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
-
502
-
communal

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

46
-
75
-
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
-
107
-
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
-
67
-
total
430
-
763
-
Employer

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

876
-
1 433
-
surtax
99
-
162
-
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
-
127
-
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
-
88
-
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
-
19
-
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
-
21
-
total
255
-
417
-
Corporate
720
1 850
-
-
income
144
370
-
-
surtax
3
7
-
-
total
147
377
-
-
Dividends
573
1 473
-
-
withholding

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

167
437
-
-
total
167
437
-
-
Income
1 850
1 850
1 850
1 850
Total tax
999
814
1 180
1 043
After tax
851
1 036
670
807
Living cost
446
446
446
446
Free-cash
405
590
224
361

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
$1249
$1297
$1317
$1372
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
-
-
-
1 850
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
-
-
-
277
total
-
-
-
391
Employee
278
-
1 766
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
income
28
-
177
-
pensions

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

24
-
37
-
health
13
-
20
-
total
68
-
239
-
Employer
278
-
1 766
-
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
1 517
1 850
-
-
income
152
185
-
-
total
152
185
-
-
Dividends
1 365
1 665
-
-
withholding
68
83
-
-
total
68
83
-
-
Income
1 850
1 850
1 850
1 850
Total tax
343
268
323
391
After tax
1 507
1 582
1 527
1 459
Living cost
210
210
210
210
Free-cash
1 297
1 372
1 317
1 249

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
$1299
$1365
$1367
$1422
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
-
-
-
1 850
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
-
-
-
277
total
-
-
-
391
Employee
212
-
1 766
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
income
21
-
177
-
pensions

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

19
-
37
-
health
10
-
20
-
total
52
-
239
-
Employer
212
-
1 766
-
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
1 596
1 850
-
-
income
160
185
-
-
total
160
185
-
-
Dividends
1 437
1 665
-
-
withholding
72
83
-
-
total
72
83
-
-
Income
1 850
1 850
1 850
1 850
Total tax
325
268
323
391
After tax
1 525
1 582
1 527
1 459
Living cost
160
160
160
160
Free-cash
1 365
1 422
1 367
1 299

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
$997
$1001
$980
$1068
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
-
-
-
1 850
health
-
-
-
47
social contributions
-
-
-
198
income
-
-
-
325
total
-
-
-
570
Employee
941
941
1 713
-
income
102
87
316
-
social contributions
36
78
105
-
health
7
16
29
-
total
145
181
450
-
Employer
941
941
1 713
-
social contributions
36
78
105
-
health
8
17
32
-
total
44
95
137
-
Corporate
1 378
813
-
-
income
172
102
-
-
total
172
102
-
-
Dividends
1 205
712
-
-
withholding
205
121
-
-
total
205
121
-
-
Income
1 850
1 850
1 850
1 850
Total tax
566
499
587
570
After tax
1 284
1 351
1 263
1 280
Living cost
283
283
283
283
Free-cash
1 001
1 068
980
997

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
$883
$903
$866
$954
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
-
-
-
1 850
health
-
-
-
47
social contributions
-
-
-
198
income
-
-
-
325
total
-
-
-
570
Employee
941
941
1 713
-
income
99
87
316
-
social contributions
46
78
105
-
health
9
16
29
-
total
154
181
450
-
Employer
941
941
1 713
-
social contributions
46
78
105
-
health
10
17
32
-
total
56
95
137
-
Corporate
1 243
813
-
-
income
155
102
-
-
total
155
102
-
-
Dividends
1 088
712
-
-
withholding
185
121
-
-
total
185
121
-
-
Income
1 850
1 850
1 850
1 850
Total tax
550
499
587
570
After tax
1 300
1 351
1 263
1 280
Living cost
397
397
397
397
Free-cash
903
954
866
883

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
$731
$890
$656
$991
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
-
-
-
1 850
health
-
-
-
250
social contributions
-
-
-
407
income
-
-
-
179
solidarity contribution
-
-
-
-
total
-
-
-
836
Employee
415
-
1 381
-
income
50
-
166
-
social contributions
27
-
90
-
health
56
-
186
-
solidarity contribution
-
-
-
-
total
133
-
442
-
Employer
415
-
1 381
-
social contributions
104
-
345
-
health
37
-
124
-
total
141
-
469
-
Corporate
1 293
1 850
-
-
income
246
351
-
-
total
246
351
-
-
Dividends
1 048
1 499
-
-
withholding
157
225
-
-
total
157
225
-
-
Income
1 850
1 850
1 850
1 850
Total tax
677
576
911
836
After tax
1 173
1 274
939
1 014
Living cost
283
283
283
283
Free-cash
890
991
656
731

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
$666
$803
$591
$926
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
-
-
-
1 850
health
-
-
-
250
social contributions
-
-
-
407
income
-
-
-
179
solidarity contribution
-
-
-
-
total
-
-
-
836
Employee
512
-
1 381
-
income
61
-
166
-
social contributions
33
-
90
-
health
69
-
186
-
solidarity contribution
-
-
-
-
total
163
-
442
-
Employer
512
-
1 381
-
social contributions
128
-
345
-
health
46
-
124
-
total
174
-
469
-
Corporate
1 164
1 850
-
-
income
221
351
-
-
total
221
351
-
-
Dividends
943
1 499
-
-
withholding
141
225
-
-
total
141
225
-
-
Income
1 850
1 850
1 850
1 850
Total tax
699
576
911
836
After tax
1 151
1 274
939
1 014
Living cost
348
348
348
348
Free-cash
803
926
591
666

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
$518
-$824
-$824
-$824
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
-
-
-
1 850
national
-
-
-
207
pensions
-
-
-
11
municipal
-
-
-
376
labour market
-
-
-
147
total
-
-
-
741
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
1 850
1 850
1 850
1 850
Total tax
2 083
2 083
2 083
741
After tax
-233
-233
-233
1 109
Living cost
591
591
591
591
Free-cash
-824
-824
-824
518

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
$696
$1108
$769
$1184
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
-
-
-
1 850
health
-
-
-
240
pensions
-
-
-
370
income
-
-
-
248
total
-
-
-
858
Employee
347
-
1 383
-
unemployment
6
-
22
-
income
39
-
267
-
pensions
7
-
28
-
total
52
-
317
-
Employer
347
-
1 383
-
pensions
69
-
277
-
health
45
-
180
-
unemployment
3
-
11
-
total
117
-
468
-
Corporate
1 385
1 850
-
-
income
277
370
-
-
total
277
370
-
-
Dividends
1 108
1 480
-
-
total
-
-
-
-
Income
1 850
1 850
1 850
1 850
Total tax
446
370
785
858
After tax
1 404
1 480
1 065
992
Living cost
296
296
296
296
Free-cash
1 108
1 184
769
696

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
$768
$731
$520
$708
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

-
-
-
1 850
national
-
-
-
260
health
-
-
-
23
municipal
-
-
-
329
total
-
-
-
612
Employee
644
-
1 556
-
unemployment
10
-
23
-
municipal
105
-
254
-
national
11
-
165
-
pensions
43
-
105
-
health
5
-
19
-
total
174
-
566
-
Employer
644
-
1 556
-
pensions
112
-
270
-
health
5
-
12
-
accident
1
-
2
-
unemployment
4
-
10
-
total
122
-
294
-
Corporate
1 084
1 850
-
-
income
217
370
-
-
total
217
370
-
-
Dividends

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

651
1 110
-
-
municipal
117
200
-
-
national
19
102
-
-
total
136
302
-
-
Income
1 850
1 850
1 850
1 850
Total tax
649
672
860
612
After tax
1 201
1 178
990
1 238
Living cost
470
470
470
470
Free-cash
731
708
520
768

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
$670
$624
$675
$555
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
-
-
-
1 850
surtax
-
-
-
-
health
-
-
-
69
pensions
-
-
-
359
social contributions
-
-
-
53
income
-
-
-
265
other
-
-
-
57
total
-
-
-
803
Employee
468
-
1 451
-
income
24
-
265
-
surtax
-
-
-
-
social contributions
13
-
41
-
pensions
53
-
93
-
total
90
-
399
-
Employer
468
-
1 451
-
pensions
77
-
158
-
social contributions
1
-
4
-
other
16
-
53
-
health
33
-
125
-
unemployment
19
-
59
-
total
146
-
399
-
Corporate
1 236
1 850
-
-
income
346
518
-
-
surtax
-
-
-
-
total
346
518
-
-
Dividends
890
1 332
-
-
withholding
114
171
-
-
social contributions
153
229
-
-
surtax
-
-
-
-
total
267
400
-
-
Income
1 850
1 850
1 850
1 850
Total tax
849
918
798
803
After tax
1 001
932
1 052
1 047
Living cost
377
377
377
377
Free-cash
624
555
675
670

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
$628
$586
$633
$513
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
-
-
-
1 850
surtax
-
-
-
-
health
-
-
-
69
pensions
-
-
-
359
social contributions
-
-
-
53
income
-
-
-
265
other
-
-
-
57
total
-
-
-
803
Employee
524
-
1 451
-
income
31
-
265
-
surtax
-
-
-
-
social contributions
15
-
41
-
pensions
59
-
93
-
total
105
-
399
-
Employer
524
-
1 451
-
pensions
86
-
158
-
social contributions
2
-
4
-
other
18
-
53
-
health
37
-
125
-
unemployment
21
-
59
-
total
164
-
399
-
Corporate
1 162
1 850
-
-
income
325
518
-
-
surtax
-
-
-
-
total
325
518
-
-
Dividends
837
1 332
-
-
withholding
107
171
-
-
social contributions
144
229
-
-
surtax
-
-
-
-
total
251
400
-
-
Income
1 850
1 850
1 850
1 850
Total tax
845
918
798
803
After tax
1 005
932
1 052
1 047
Living cost
419
419
419
419
Free-cash
586
513
633
628

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
$456
$425
$461
$341
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
-
-
-
1 850
surtax
-
-
-
-
health
-
-
-
69
pensions
-
-
-
359
social contributions
-
-
-
53
income
-
-
-
265
other
-
-
-
57
total
-
-
-
803
Employee
767
-
1 451
-
income
67
-
265
-
surtax
-
-
-
-
social contributions
22
-
41
-
pensions
87
-
93
-
total
176
-
399
-
Employer
767
-
1 451
-
pensions
126
-
158
-
social contributions
2
-
4
-
other
26
-
53
-
health
54
-
125
-
unemployment
31
-
59
-
total
239
-
399
-
Corporate
844
1 850
-
-
income
236
518
-
-
surtax
-
-
-
-
total
236
518
-
-
Dividends
608
1 332
-
-
withholding
78
171
-
-
social contributions
105
229
-
-
surtax
-
-
-
-
total
183
400
-
-
Income
1 850
1 850
1 850
1 850
Total tax
834
918
798
803
After tax
1 016
932
1 052
1 047
Living cost
591
591
591
591
Free-cash
425
341
461
456

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
$1753
$1663
$1401
$1678
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%.

-
-
-
1 850
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
-
1 850
-
income
20
-
370
-
total
20
-
370
-
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%.

1 751
1 850
-
-
total
-
-
-
-
Dividends
1 751
1 850
-
-
withholding
88
93
-
-
total
88
93
-
-
Income
1 850
1 850
1 850
1 850
Total tax
108
93
370
18
After tax
1 742
1 757
1 480
1 832
Living cost
79
79
79
79
Free-cash
1 663
1 678
1 401
1 753

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
$1709
$1611
$1357
$1634
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%.

-
-
-
1 850
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
-
1 850
-
income
31
-
370
-
total
31
-
370
-
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
1 850
-
-
total
-
-
-
-
Dividends
1 696
1 850
-
-
withholding
85
93
-
-
total
85
93
-
-
Income
1 850
1 850
1 850
1 850
Total tax
116
93
370
18
After tax
1 734
1 757
1 480
1 832
Living cost
123
123
123
123
Free-cash
1 611
1 634
1 357
1 709

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
$541
$639
$725
$480
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.

-
-
-
1 850
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.

-
-
-
30
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.

-
-
-
538
trade
-
-
-
184
total
-
-
-
836
Employee

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

609
-
1 850
-
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
-
538
-
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
-
30
-
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
-
652
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 241
1 850
-
-
trade
178
265
-
-
income
186
278
-
-
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
378
563
-
-
Dividends
863
1 287
-
-
withholding
211
317
-
-
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
223
334
-
-
Income
1 850
1 850
1 850
1 850
Total tax
738
897
652
836
After tax
1 112
953
1 198
1 014
Living cost
473
473
473
473
Free-cash
639
480
725
541

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
$625
$697
$827
$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

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

-
-
-
1 850
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.

-
-
-
30
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.

-
-
-
538
trade
-
-
-
202
total
-
-
-
854
Employee

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

468
-
1 850
-
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
-
538
-
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
-
30
-
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
-
652
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 382
1 850
-
-
trade
218
291
-
-
income
207
278
-
-
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.

11
15
-
-
total
440
589
-
-
Dividends
942
1 261
-
-
withholding
231
311
-
-
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.

13
17
-
-
total
244
328
-
-
Income
1 850
1 850
1 850
1 850
Total tax
782
917
652
854
After tax
1 068
933
1 198
996
Living cost
371
371
371
371
Free-cash
697
562
827
625

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
$506
$615
$717
$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

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

-
-
-
1 850
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.

-
-
-
30
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.

-
-
-
538
trade
-
-
-
211
total
-
-
-
863
Employee

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

621
-
1 850
-
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
-
538
-
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
-
30
-
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
-
652
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 229
1 850
-
-
trade
202
304
-
-
income
184
278
-
-
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
400
601
-
-
Dividends
829
1 248
-
-
withholding
203
307
-
-
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
214
324
-
-
Income
1 850
1 850
1 850
1 850
Total tax
754
925
652
863
After tax
1 096
925
1 198
987
Living cost
481
481
481
481
Free-cash
615
444
717
506

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
$417
$552
$637
$354
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.

-
-
-
1 850
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.

-
-
-
30
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.

-
-
-
538
trade
-
-
-
220
total
-
-
-
872
Employee

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

736
-
1 850
-
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
-
538
-
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
-
30
-
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
-
652
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 114
1 850
-
-
trade
191
317
-
-
income
167
278
-
-
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
370
614
-
-
Dividends
743
1 236
-
-
withholding
181
304
-
-
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
17
-
-
total
191
321
-
-
Income
1 850
1 850
1 850
1 850
Total tax
737
935
652
872
After tax
1 113
915
1 198
978
Living cost
561
561
561
561
Free-cash
552
354
637
417

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
$603
$849
$544
$889
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
-
-
-
1 850
surtax
-
-
-
66
unemployment
-
-
-
3
health
-
-
-
116
pensions
-
-
-
327
income
-
-
-
460
other
-
-
-
-
total
-
-
-
972
Employee
412
-
1 528
-
unemployment
29
-
106
-
other
-
-
-
-
income
69
-
405
-
surtax
1
-
57
-
pensions
28
-
102
-
health
11
-
39
-
total
138
-
709
-
Employer
412
-
1 528
-
pensions
55
-
204
-
other
-
-
-
-
health
19
-
70
-
unemployment
13
-
48
-
total
87
-
322
-
Corporate
1 351
1 850
-
-
income
351
481
-
-
total
351
481
-
-
Dividends
1 000
1 369
-
-
withholding
150
205
-
-
total
150
205
-
-
Income
1 850
1 850
1 850
1 850
Total tax
726
686
1 031
972
After tax
1 124
1 164
819
878
Living cost
275
275
275
275
Free-cash
849
889
544
603

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
$608
$856
$549
$894
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
-
-
-
1 850
surtax
-
-
-
66
unemployment
-
-
-
3
health
-
-
-
116
pensions
-
-
-
327
income
-
-
-
460
other
-
-
-
-
total
-
-
-
972
Employee
405
-
1 528
-
unemployment
28
-
106
-
other
-
-
-
-
income
68
-
405
-
surtax
1
-
57
-
pensions
27
-
102
-
health
10
-
39
-
total
134
-
709
-
Employer
405
-
1 528
-
pensions
54
-
204
-
other
-
-
-
-
health
18
-
70
-
unemployment
13
-
48
-
total
85
-
322
-
Corporate
1 360
1 850
-
-
income
354
481
-
-
total
354
481
-
-
Dividends
1 006
1 369
-
-
withholding
151
205
-
-
total
151
205
-
-
Income
1 850
1 850
1 850
1 850
Total tax
724
686
1 031
972
After tax
1 126
1 164
819
878
Living cost
270
270
270
270
Free-cash
856
894
549
608

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
$1039
$803
$830
$798
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
-
-
-
1 850
unemployment
-
-
-
28
health
-
-
-
129
pensions
-
-
-
185
income
-
-
-
226
total
-
-
-
568
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
1 548
-
unemployment
5
2
23
-
income
43
17
189
-
pensions
35
14
155
-
health
25
10
108
-
total
108
43
475
-
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
1 548
-
pensions
68
27
302
-
total
68
27
302
-
Corporate
1 431
1 683
-
-
income
129
151
-
-
total
129
151
-
-
Dividends
1 302
1 532
-
-
withholding
247
291
-
-
social contributions
252
297
-
-
total
499
588
-
-
Income
1 850
1 850
1 850
1 850
Total tax
804
809
777
568
After tax
1 046
1 041
1 073
1 282
Living cost
243
243
243
243
Free-cash
803
798
830
1 039

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
$502
$552
$517
$561
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
-
-
-
1 850
national
-
-
-
312
pensions
-
-
-
222
social contributions
-
-
-
20
municipal
-
-
-
201
total
-
-
-
755
Employee
919
-
1 599
-
municipal
113
-
208
-
national
176
-
323
-
pensions
37
-
64
-
total
326
-
595
-
Employer
919
-
1 599
-
pensions
73
-
128
-
social contributions
10
-
17
-
total
83
-
145
-
Corporate
787
1 850
-
-
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%.

157
370
-
-
total
157
370
-
-
Dividends
630
1 480
-
-
withholding
139
326
-
-
total
139
326
-
-
Income
1 850
1 850
1 850
1 850
Total tax
705
696
740
755
After tax
1 145
1 154
1 110
1 095
Living cost
593
593
593
593
Free-cash
552
561
517
502

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
$313
$624
$313
$598
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
-
-
-
1 850
social contributions
-
-
-
302
income
-
-
-
538
total
-
-
-
840
Employee
958
-
1 850
-
social contributions
80
-
302
-
income
181
-
538
-
total
261
-
840
-
Employer
958
-
1 850
-
total
-
-
-
-
Corporate
892
1 850
-
-
income
112
231
-
-
total
112
231
-
-
Dividends
781
1 619
-
-
withholding
156
324
-
-
total
156
324
-
-
Income
1 850
1 850
1 850
1 850
Total tax
529
555
840
840
After tax
1 321
1 295
1 010
1 010
Living cost
697
697
697
697
Free-cash
624
598
313
313

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
$384
$405
$300
$470
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
-
-
-
1 850
national
-
-
-
440
regional
-
-
-
22
social contributions
-
-
-
476
municipal
-
-
-
11
total
-
-
-
949
Employee
1 088
-
1 850
-
municipal
6
-
10
-
national
189
-
380
-
social contributions
367
-
624
-
regional
10
-
19
-
total
572
-
1 033
-
Employer
1 088
-
1 850
-
total
-
-
-
-
Corporate
762
1 850
-
-
nationa
183
444
-
-
municipal
30
72
-
-
total
213
516
-
-
Dividends
549
1 334
-
-
withholding
143
347
-
-
total
143
347
-
-
Income
1 850
1 850
1 850
1 850
Total tax
928
863
1 033
949
After tax
922
987
817
901
Living cost
517
517
517
517
Free-cash
405
470
300
384

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
$565
$615
$481
$642
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
-
-
-
1 850
national
-
-
-
440
regional
-
-
-
28
social contributions
-
-
-
476
municipal
-
-
-
11
total
-
-
-
955
Employee
679
-
1 850
-
municipal
4
-
10
-
national
108
-
380
-
social contributions
229
-
624
-
regional
9
-
25
-
total
350
-
1 039
-
Employer
679
-
1 850
-
total
-
-
-
-
Corporate
1 171
1 850
-
-
nationa
281
444
-
-
municipal
58
92
-
-
total
339
536
-
-
Dividends
832
1 314
-
-
withholding
216
342
-
-
total
216
342
-
-
Income
1 850
1 850
1 850
1 850
Total tax
905
878
1 039
955
After tax
945
972
811
895
Living cost
330
330
330
330
Free-cash
615
642
481
565

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