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
$1310
$1065
$1015
$1270
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
-
-
-
73
total
-
-
-
480
Employee
379
-
1 602
-
social contributions
25
-
104
-
income
-
-
78
-
total
25
-
182
-
Employer
379
-
1 602
-
social contributions
59
-
248
-
total
59
-
248
-
Corporate
1 412
1 850
-
-
income
141
185
-
-
total
141
185
-
-
Dividends
1 271
1 665
-
-
total
-
-
-
-
Income
1 850
1 850
1 850
1 850
Total tax
225
185
430
480
After tax
1 625
1 665
1 420
1 370
Living cost
355
355
355
355
Free-cash
1 270
1 310
1 065
1 015

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
$650
$110
$576
$644
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
chamber of commerce
-
-
-
7
unemployment
-
-
-
72
health
-
-
-
105
pensions
-
-
-
255
income
-
-
-
458
surtax
-
-
-
-
total
-
-
-
897
Employee
516
470
1 448
-
health
20
18
53
-
pensions
53
48
141
-
other
5
5
14
-
unemployment
15
14
41
-
income
46
35
362
-
total
139
120
611
-
Employer
516
470
1 448
-
pensions
65
59
173
-
accident
7
6
18
-
unemployment
15
14
41
-
surtax
-
-
-
-
payroll
15
14
43
-
chamber of commerce
2
2
6
-
health
20
18
52
-
other
25
22
68
-
total
149
135
401
-
Corporate
1 186
1 244
1 403
-
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.

296
311
351
-
total
296
311
351
-
Dividends
889
933
-
-
withholding
245
257
-
-
total
245
257
-
-
Income
1 850
1 850
1 850
1 850
Total tax
829
823
1 363
897
After tax
1 021
1 027
487
953
Living cost
377
377
377
377
Free-cash
644
650
110
576

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
$611
$71
$535
$592
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
chamber of commerce
-
-
-
7
unemployment
-
-
-
72
health
-
-
-
105
pensions
-
-
-
255
income
-
-
-
458
surtax
-
-
-
2
total
-
-
-
899
Employee
590
470
1 446
-
health
23
18
53
-
pensions
60
48
141
-
other
6
5
14
-
unemployment
18
14
41
-
income
67
35
361
-
total
174
120
610
-
Employer
590
470
1 446
-
pensions
74
59
173
-
accident
8
6
18
-
unemployment
18
14
41
-
surtax
2
2
2
-
payroll
18
14
43
-
chamber of commerce
2
2
6
-
health
22
18
52
-
other
28
22
68
-
total
172
137
403
-
Corporate
1 088
1 242
1 401
-
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.

272
310
350
-
total
272
310
350
-
Dividends
816
931
-
-
withholding
224
256
-
-
total
224
256
-
-
Income
1 850
1 850
1 850
1 850
Total tax
842
823
1 363
899
After tax
1 008
1 027
487
951
Living cost
416
416
416
416
Free-cash
592
611
71
535

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
$606
$235
$373
$428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 850
social contributions
-
-
-
288
communal

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

-
-
-
94
national
-
-
-
665
total
-
-
-
1 047
Employee

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

844
-
1 433
-
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
-
67
-
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
-
107
-
communal

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

44
-
75
-
national
260
-
507
-
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
-
768
-
Employer

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

844
-
1 433
-
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.

12
-
21
-
surtax
96
-
162
-
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
-
88
-
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
-
127
-
total
246
-
417
-
Corporate
760
1 850
-
-
surtax
3
7
-
-
income
152
370
-
-
total
155
377
-
-
Dividends
605
1 473
-
-
withholding

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

177
437
-
-
total
177
437
-
-
Income
1 850
1 850
1 850
1 850
Total tax
992
814
1 185
1 047
After tax
858
1 036
665
803
Living cost
430
430
430
430
Free-cash
428
606
235
373

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
$1379
$1330
$1259
$1305
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
-
-
-
47
pensions

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

-
-
-
61
income
-
-
-
278
total
-
-
-
388
Employee
269
-
1 769
-
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
-
177
-
total
66
-
237
-
Employer
269
-
1 769
-
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
1 529
1 850
-
-
income
153
185
-
-
total
153
185
-
-
Dividends
1 376
1 665
-
-
withholding
69
83
-
-
total
69
83
-
-
Income
1 850
1 850
1 850
1 850
Total tax
342
268
317
388
After tax
1 508
1 582
1 533
1 462
Living cost
203
203
203
203
Free-cash
1 305
1 379
1 330
1 259

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
$1427
$1378
$1307
$1373
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
-
-
-
47
pensions

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

-
-
-
61
income
-
-
-
278
total
-
-
-
388
Employee
205
-
1 769
-
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
-
177
-
total
49
-
237
-
Employer
205
-
1 769
-
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
1 605
1 850
-
-
income
161
185
-
-
total
161
185
-
-
Dividends
1 445
1 665
-
-
withholding
72
83
-
-
total
72
83
-
-
Income
1 850
1 850
1 850
1 850
Total tax
322
268
317
388
After tax
1 528
1 582
1 533
1 462
Living cost
155
155
155
155
Free-cash
1 373
1 427
1 378
1 307

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
$1079
$985
$1003
$1014
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
-
-
-
191
health
-
-
-
47
income
-
-
-
336
total
-
-
-
574
Employee
908
908
1 717
-
health
7
15
29
-
social contributions
34
75
102
-
income
99
84
327
-
total
140
174
458
-
Employer
908
908
1 717
-
social contributions
34
75
102
-
health
8
17
32
-
total
42
92
134
-
Corporate
1 395
850
-
-
income
174
106
-
-
total
174
106
-
-
Dividends
1 220
744
-
-
withholding
207
126
-
-
total
207
126
-
-
Income
1 850
1 850
1 850
1 850
Total tax
563
498
592
574
After tax
1 287
1 352
1 258
1 276
Living cost
273
273
273
273
Free-cash
1 014
1 079
985
1 003

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
$969
$875
$893
$919
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
-
-
-
191
health
-
-
-
47
income
-
-
-
336
total
-
-
-
574
Employee
908
908
1 717
-
health
9
15
29
-
social contributions
44
75
102
-
income
95
84
327
-
total
148
174
458
-
Employer
908
908
1 717
-
social contributions
44
75
102
-
health
10
17
32
-
total
54
92
134
-
Corporate
1 265
850
-
-
income
158
106
-
-
total
158
106
-
-
Dividends
1 107
744
-
-
withholding
188
126
-
-
total
188
126
-
-
Income
1 850
1 850
1 850
1 850
Total tax
548
498
592
574
After tax
1 302
1 352
1 258
1 276
Living cost
383
383
383
383
Free-cash
919
969
875
893

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
$995
$663
$742
$896
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
-
-
-
400
health
-
-
-
250
solidarity contribution
-
-
-
-
income
-
-
-
180
total
-
-
-
830
Employee
408
-
1 383
-
health
55
-
187
-
social contributions
27
-
89
-
solidarity contribution
-
-
-
-
income
49
-
166
-
total
131
-
442
-
Employer
408
-
1 383
-
social contributions
102
-
342
-
health
37
-
125
-
total
139
-
467
-
Corporate
1 303
1 850
-
-
income
248
352
-
-
total
248
352
-
-
Dividends
1 055
1 498
-
-
withholding
158
225
-
-
total
158
225
-
-
Income
1 850
1 850
1 850
1 850
Total tax
676
577
909
830
After tax
1 174
1 273
941
1 020
Living cost
278
278
278
278
Free-cash
896
995
663
742

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
$931
$599
$678
$810
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
-
-
-
400
health
-
-
-
250
solidarity contribution
-
-
-
-
income
-
-
-
180
total
-
-
-
830
Employee
503
-
1 383
-
health
68
-
187
-
social contributions
33
-
89
-
solidarity contribution
-
-
-
-
income
60
-
166
-
total
161
-
442
-
Employer
503
-
1 383
-
social contributions
126
-
342
-
health
45
-
125
-
total
171
-
467
-
Corporate
1 176
1 850
-
-
income
223
352
-
-
total
223
352
-
-
Dividends
952
1 498
-
-
withholding
143
225
-
-
total
143
225
-
-
Income
1 850
1 850
1 850
1 850
Total tax
698
577
909
830
After tax
1 152
1 273
941
1 020
Living cost
342
342
342
342
Free-cash
810
931
599
678

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
-$727
-$727
$535
-$727
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
labour market
-
-
-
147
municipal
-
-
-
378
pensions
-
-
-
10
national
-
-
-
210
total
-
-
-
745
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
1 850
1 850
1 850
1 850
Total tax
2 007
2 007
2 007
745
After tax
-157
-157
-157
1 105
Living cost
570
570
570
570
Free-cash
-727
-727
-727
535

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
$1195
$780
$706
$1121
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
-
-
-
241
pensions
-
-
-
370
income
-
-
-
248
total
-
-
-
859
Employee
335
-
1 383
-
pensions
7
-
28
-
unemployment
5
-
22
-
income
38
-
267
-
total
50
-
317
-
Employer
335
-
1 383
-
pensions
67
-
277
-
unemployment
3
-
11
-
health
44
-
180
-
total
114
-
468
-
Corporate
1 402
1 850
-
-
income
280
370
-
-
total
280
370
-
-
Dividends
1 122
1 480
-
-
total
-
-
-
-
Income
1 850
1 850
1 850
1 850
Total tax
444
370
785
859
After tax
1 406
1 480
1 065
991
Living cost
285
285
285
285
Free-cash
1 121
1 195
780
706

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
$720
$532
$773
$744
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
health
-
-
-
24
municipal
-
-
-
329
national
-
-
-
271
total
-
-
-
624
Employee
621
-
1 556
-
health
5
-
19
-
municipal
102
-
254
-
pensions
42
-
105
-
national
10
-
170
-
unemployment
9
-
23
-
total
168
-
571
-
Employer
621
-
1 556
-
accident
1
-
2
-
unemployment
4
-
10
-
health
5
-
12
-
pensions
108
-
270
-
total
118
-
294
-
Corporate
1 112
1 850
-
-
income
222
370
-
-
total
222
370
-
-
Dividends

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

667
1 110
-
-
municipal
120
200
-
-
national
25
107
-
-
total
145
307
-
-
Income
1 850
1 850
1 850
1 850
Total tax
653
677
865
624
After tax
1 197
1 173
985
1 226
Living cost
453
453
453
453
Free-cash
744
720
532
773

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
$569
$678
$682
$634
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
-
-
-
53
health
-
-
-
71
pensions
-
-
-
352
other
-
-
-
57
income
-
-
-
271
surtax
-
-
-
-
total
-
-
-
804
Employee
451
-
1 446
-
income
23
-
268
-
social contributions
13
-
41
-
pensions
51
-
95
-
surtax
-
-
-
-
total
87
-
404
-
Employer
451
-
1 446
-
pensions
74
-
160
-
social contributions
1
-
4
-
unemployment
18
-
59
-
health
32
-
127
-
other
16
-
54
-
total
141
-
404
-
Corporate
1 258
1 850
-
-
surtax
-
-
-
-
income
352
518
-
-
total
352
518
-
-
Dividends
906
1 332
-
-
surtax
-
-
-
-
withholding
116
170
-
-
social contributions
156
229
-
-
total
272
399
-
-
Income
1 850
1 850
1 850
1 850
Total tax
852
917
808
804
After tax
998
933
1 042
1 046
Living cost
364
364
364
364
Free-cash
634
569
678
682

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
$529
$638
$642
$600
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
-
-
-
53
health
-
-
-
71
pensions
-
-
-
352
other
-
-
-
57
income
-
-
-
271
surtax
-
-
-
-
total
-
-
-
804
Employee
505
-
1 446
-
income
30
-
268
-
social contributions
14
-
41
-
pensions
57
-
95
-
surtax
-
-
-
-
total
101
-
404
-
Employer
505
-
1 446
-
pensions
83
-
160
-
social contributions
2
-
4
-
unemployment
20
-
59
-
health
35
-
127
-
other
17
-
54
-
total
157
-
404
-
Corporate
1 187
1 850
-
-
surtax
-
-
-
-
income
332
518
-
-
total
332
518
-
-
Dividends
855
1 332
-
-
surtax
-
-
-
-
withholding
109
170
-
-
social contributions
147
229
-
-
total
256
399
-
-
Income
1 850
1 850
1 850
1 850
Total tax
846
917
808
804
After tax
1 004
933
1 042
1 046
Living cost
404
404
404
404
Free-cash
600
529
638
642

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
$363
$472
$476
$444
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 850
social contributions
-
-
-
53
health
-
-
-
71
pensions
-
-
-
352
other
-
-
-
57
income
-
-
-
271
surtax
-
-
-
-
total
-
-
-
804
Employee
739
-
1 446
-
income
64
-
268
-
social contributions
21
-
41
-
pensions
84
-
95
-
surtax
-
-
-
-
total
169
-
404
-
Employer
739
-
1 446
-
pensions
121
-
160
-
social contributions
2
-
4
-
unemployment
30
-
59
-
health
52
-
127
-
other
26
-
54
-
total
231
-
404
-
Corporate
880
1 850
-
-
surtax
-
-
-
-
income
246
518
-
-
total
246
518
-
-
Dividends
634
1 332
-
-
surtax
-
-
-
-
withholding
81
170
-
-
social contributions
109
229
-
-
total
190
399
-
-
Income
1 850
1 850
1 850
1 850
Total tax
836
917
808
804
After tax
1 014
933
1 042
1 046
Living cost
570
570
570
570
Free-cash
444
363
472
476

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
$1675
$1397
$1749
$1659
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
104
-
1 850
-
income
21
-
370
-
total
21
-
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%.

1 746
1 850
-
-
total
-
-
-
-
Dividends
1 746
1 850
-
-
withholding
87
92
-
-
total
87
92
-
-
Income
1 850
1 850
1 850
1 850
Total tax
108
92
370
18
After tax
1 742
1 758
1 480
1 832
Living cost
83
83
83
83
Free-cash
1 659
1 675
1 397
1 749

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
$1628
$1350
$1702
$1604
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
162
-
1 850
-
income
32
-
370
-
total
32
-
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%.

1 688
1 850
-
-
total
-
-
-
-
Dividends
1 688
1 850
-
-
withholding
84
92
-
-
total
84
92
-
-
Income
1 850
1 850
1 850
1 850
Total tax
116
92
370
18
After tax
1 734
1 758
1 480
1 832
Living cost
130
130
130
130
Free-cash
1 604
1 628
1 350
1 702

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
$497
$737
$550
$651
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
1 850
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
-
-
-
187
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.

-
-
-
546
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
total
-
-
-
844
Employee

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

587
-
1 850
-
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
-
30
-
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
-
546
-
total
132
-
657
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 263
1 850
-
-
trade
181
265
-
-
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
5
-
-
income
189
278
-
-
total
384
563
-
-
Dividends
878
1 287
-
-
surtax

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

12
17
-
-
withholding
215
317
-
-
total
227
334
-
-
Income
1 850
1 850
1 850
1 850
Total tax
743
897
657
844
After tax
1 107
953
1 193
1 006
Living cost
456
456
456
456
Free-cash
651
497
737
550

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
$577
$836
$631
$705
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
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
-
-
-
205
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.

-
-
-
546
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
total
-
-
-
862
Employee

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

451
-
1 850
-
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
-
30
-
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
-
546
-
total
95
-
657
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 399
1 850
-
-
trade
220
291
-
-
surtax

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

12
15
-
-
chamber of commerce
4
4
-
-
income
210
278
-
-
total
446
588
-
-
Dividends
953
1 261
-
-
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
-
-
withholding
234
311
-
-
total
247
328
-
-
Income
1 850
1 850
1 850
1 850
Total tax
788
916
657
862
After tax
1 062
934
1 193
988
Living cost
358
358
358
358
Free-cash
705
577
836
631

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
$460
$729
$515
$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.

-
-
-
1 850
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
-
-
-
214
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.

-
-
-
546
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
total
-
-
-
871
Employee

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

599
-
1 850
-
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
-
30
-
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
-
546
-
total
135
-
657
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 251
1 850
-
-
trade
206
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
15
-
-
chamber of commerce
4
4
-
-
income
188
278
-
-
total
408
601
-
-
Dividends
844
1 249
-
-
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
207
308
-
-
total
218
325
-
-
Income
1 850
1 850
1 850
1 850
Total tax
761
926
657
871
After tax
1 089
924
1 193
979
Living cost
464
464
464
464
Free-cash
625
460
729
515

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
$374
$652
$429
$565
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
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
-
-
-
223
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.

-
-
-
546
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
total
-
-
-
880
Employee

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

709
-
1 850
-
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
-
30
-
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
-
546
-
total
169
-
657
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 141
1 850
-
-
trade
196
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.

9
15
-
-
chamber of commerce
3
4
-
-
income
171
278
-
-
total
379
614
-
-
Dividends
761
1 236
-
-
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
-
-
withholding
186
304
-
-
total
196
321
-
-
Income
1 850
1 850
1 850
1 850
Total tax
744
935
657
880
After tax
1 106
915
1 193
970
Living cost
541
541
541
541
Free-cash
565
374
652
429

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
$899
$546
$613
$860
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
-
-
-
3
health
-
-
-
112
pensions
-
-
-
315
other
-
-
-
-
income
-
-
-
473
surtax
-
-
-
69
total
-
-
-
972
Employee
397
-
1 528
-
health
10
-
39
-
pensions
27
-
102
-
surtax
1
-
59
-
other
-
-
-
-
unemployment
28
-
106
-
income
67
-
411
-
total
133
-
717
-
Employer
397
-
1 528
-
pensions
53
-
204
-
unemployment
13
-
48
-
health
18
-
70
-
other
-
-
-
-
total
84
-
322
-
Corporate
1 369
1 850
-
-
income
356
481
-
-
total
356
481
-
-
Dividends
1 013
1 369
-
-
withholding
152
205
-
-
total
152
205
-
-
Income
1 850
1 850
1 850
1 850
Total tax
725
686
1 039
972
After tax
1 125
1 164
811
878
Living cost
265
265
265
265
Free-cash
860
899
546
613

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
$904
$551
$618
$868
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
-
-
-
3
health
-
-
-
112
pensions
-
-
-
315
other
-
-
-
-
income
-
-
-
473
surtax
-
-
-
69
total
-
-
-
972
Employee
390
-
1 528
-
health
10
-
39
-
pensions
26
-
102
-
surtax
1
-
59
-
other
-
-
-
-
unemployment
27
-
106
-
income
65
-
411
-
total
129
-
717
-
Employer
390
-
1 528
-
pensions
52
-
204
-
unemployment
12
-
48
-
health
18
-
70
-
other
-
-
-
-
total
82
-
322
-
Corporate
1 378
1 850
-
-
income
358
481
-
-
total
358
481
-
-
Dividends
1 019
1 369
-
-
withholding
153
205
-
-
total
153
205
-
-
Income
1 850
1 850
1 850
1 850
Total tax
722
686
1 039
972
After tax
1 128
1 164
811
878
Living cost
260
260
260
260
Free-cash
868
904
551
618

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
$810
$841
$1051
$814
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.

334
133
1 548
-
health
23
9
108
-
pensions
33
13
155
-
unemployment
5
2
23
-
income
41
16
189
-
total
102
40
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.

334
133
1 548
-
pensions
65
26
302
-
total
65
26
302
-
Corporate
1 451
1 691
-
-
income
131
152
-
-
total
131
152
-
-
Dividends
1 320
1 539
-
-
withholding
251
292
-
-
social contributions
256
299
-
-
total
507
591
-
-
Income
1 850
1 850
1 850
1 850
Total tax
805
809
777
568
After tax
1 045
1 041
1 073
1 282
Living cost
232
232
232
232
Free-cash
814
810
841
1 051

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
$558
$514
$499
$548
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
-
-
-
20
municipal
-
-
-
201
pensions
-
-
-
222
national
-
-
-
312
total
-
-
-
755
Employee
924
-
1 599
-
municipal
114
-
208
-
pensions
37
-
64
-
national
177
-
323
-
total
328
-
595
-
Employer
924
-
1 599
-
social contributions
10
-
17
-
pensions
74
-
128
-
total
84
-
145
-
Corporate
782
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%.

156
370
-
-
total
156
370
-
-
Dividends
625
1 480
-
-
withholding
138
326
-
-
total
138
326
-
-
Income
1 850
1 850
1 850
1 850
Total tax
706
696
740
755
After tax
1 144
1 154
1 110
1 095
Living cost
596
596
596
596
Free-cash
548
558
514
499

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
$623
$330
$330
$649
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
-
-
-
303
income
-
-
-
545
total
-
-
-
848
Employee
923
-
1 850
-
social contributions
77
-
303
-
income
174
-
545
-
total
251
-
848
-
Employer
923
-
1 850
-
total
-
-
-
-
Corporate
927
1 850
-
-
income
116
231
-
-
total
116
231
-
-
Dividends
811
1 619
-
-
withholding
162
324
-
-
total
162
324
-
-
Income
1 850
1 850
1 850
1 850
Total tax
529
555
848
848
After tax
1 321
1 295
1 002
1 002
Living cost
672
672
672
672
Free-cash
649
623
330
330

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
$489
$315
$399
$427
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
regional
-
-
-
22
social contributions
-
-
-
476
municipal
-
-
-
11
national
-
-
-
444
total
-
-
-
953
Employee
1 049
-
1 850
-
regional
10
-
19
-
municipal
6
-
10
-
social contributions
354
-
624
-
national
182
-
384
-
total
552
-
1 037
-
Employer
1 049
-
1 850
-
total
-
-
-
-
Corporate
801
1 850
-
-
nationa
192
444
-
-
municipal
31
72
-
-
total
223
516
-
-
Dividends
578
1 334
-
-
withholding
150
347
-
-
total
150
347
-
-
Income
1 850
1 850
1 850
1 850
Total tax
925
863
1 037
953
After tax
925
987
813
897
Living cost
498
498
498
498
Free-cash
427
489
315
399

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
$654
$489
$573
$628
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
regional
-
-
-
28
social contributions
-
-
-
476
municipal
-
-
-
11
national
-
-
-
444
total
-
-
-
959
Employee
655
-
1 850
-
regional
9
-
25
-
municipal
3
-
10
-
social contributions
221
-
624
-
national
104
-
384
-
total
337
-
1 043
-
Employer
655
-
1 850
-
total
-
-
-
-
Corporate
1 195
1 850
-
-
nationa
287
444
-
-
municipal
59
92
-
-
total
346
536
-
-
Dividends
849
1 314
-
-
withholding
221
342
-
-
total
221
342
-
-
Income
1 850
1 850
1 850
1 850
Total tax
904
878
1 043
959
After tax
946
972
807
891
Living cost
318
318
318
318
Free-cash
628
654
489
573

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