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
$ 1950
per

Your estimated
City
free-cash

Andorra , Andorra
$1074
$1345
$1126
$1386
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
-
-
-
1 950
social contributions
-
-
-
429
income
-
-
-
78
total
-
-
-
507
Employee
394
-
1 688
-
social contributions
26
-
110
-
income
-
-
83
-
total
26
-
193
-
Employer
394
-
1 688
-
social contributions
61
-
262
-
total
61
-
262
-
Corporate
1 494
1 950
-
-
income
149
195
-
-
total
149
195
-
-
Dividends
1 345
1 755
-
-
total
-
-
-
-
Income
1 950
1 950
1 950
1 950
Total tax
236
195
455
507
After tax
1 714
1 755
1 495
1 443
Living cost
369
369
369
369
Free-cash
1 345
1 386
1 126
1 074

Estimated living cost  is $369 per week

$238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$28
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$96
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Graz , Austria
$612
$686
$122
$692
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
-
-
-
1 950
surtax
-
-
-
-
unemployment
-
-
-
75
health
-
-
-
110
chamber of commerce
-
-
-
8
pensions
-
-
-
265
income
-
-
-
489
total
-
-
-
947
Employee
536
489
1 530
-
unemployment
16
15
43
-
other
5
5
14
-
income
48
36
387
-
pensions
55
50
147
-
health
21
19
55
-
total
145
125
646
-
Employer
536
489
1 530
-
pensions
67
61
180
-
surtax
-
-
-
-
payroll
16
15
46
-
other
25
23
72
-
health
20
18
54
-
accident
7
6
19
-
unemployment
16
15
43
-
chamber of commerce
2
2
6
-
total
153
140
420
-
Corporate
1 259
1 320
1 484
-
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.

315
330
371
-
total
315
330
371
-
Dividends
945
990
-
-
withholding
260
272
-
-
total
260
272
-
-
Income
1 950
1 950
1 950
1 950
Total tax
873
867
1 437
947
After tax
1 077
1 083
513
1 003
Living cost
391
391
391
391
Free-cash
686
692
122
612

Estimated living cost  is $391 per week

$235
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$40
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Vienna , Austria
$569
$631
$81
$650
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
-
-
-
1 950
surtax
-
-
-
2
unemployment
-
-
-
75
health
-
-
-
110
chamber of commerce
-
-
-
8
pensions
-
-
-
265
income
-
-
-
489
total
-
-
-
949
Employee
613
489
1 528
-
unemployment
18
15
43
-
other
6
5
14
-
income
70
36
386
-
pensions
63
50
147
-
health
24
19
55
-
total
181
125
645
-
Employer
613
489
1 528
-
pensions
77
61
180
-
surtax
2
2
2
-
payroll
18
15
46
-
other
29
23
72
-
health
23
18
54
-
accident
8
6
19
-
unemployment
18
15
43
-
chamber of commerce
2
2
6
-
total
177
142
422
-
Corporate
1 158
1 318
1 482
-
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
329
370
-
total
290
329
370
-
Dividends
869
988
-
-
withholding
239
272
-
-
total
239
272
-
-
Income
1 950
1 950
1 950
1 950
Total tax
887
868
1 437
949
After tax
1 063
1 082
513
1 001
Living cost
432
432
432
432
Free-cash
631
650
81
569

Estimated living cost  is $432 per week

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

Additional information

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

Brussels , Belgium
$398
$459
$251
$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
-
-
-
1 950
national
-
-
-
703
communal

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

-
-
-
99
social contributions
-
-
-
303
total
-
-
-
1 105
Employee

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

878
-
1 510
-
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
-
13
-
national
270
-
536
-
communal

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

46
-
79
-
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
-
113
-
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
-
71
-
total
431
-
812
-
Employer

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

878
-
1 510
-
surtax
100
-
171
-
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
-
134
-
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
-
93
-
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
-
20
-
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
-
22
-
total
256
-
440
-
Corporate
817
1 950
-
-
income
163
390
-
-
surtax
3
8
-
-
total
166
398
-
-
Dividends
650
1 552
-
-
withholding

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

191
461
-
-
total
191
461
-
-
Income
1 950
1 950
1 950
1 950
Total tax
1 044
859
1 252
1 105
After tax
906
1 091
698
845
Living cost
447
447
447
447
Free-cash
459
644
251
398

Estimated living cost  is $447 per week

$288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$39
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sofia , Bulgaria
$1331
$1379
$1403
$1455
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
-
-
-
1 950
unemployment
-
-
-
2
health
-
-
-
49
pensions

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

-
-
-
64
income
-
-
-
292
total
-
-
-
407
Employee
280
-
1 866
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
income
28
-
187
-
pensions

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

25
-
38
-
health
13
-
20
-
total
69
-
250
-
Employer
280
-
1 866
-
pensions

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

31
-
47
-
health
19
-
30
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
unemployment
2
-
3
-
total
55
-
85
-
Corporate
1 615
1 950
-
-
income
162
195
-
-
total
162
195
-
-
Dividends
1 453
1 755
-
-
withholding
73
88
-
-
total
73
88
-
-
Income
1 950
1 950
1 950
1 950
Total tax
359
283
335
407
After tax
1 591
1 667
1 615
1 543
Living cost
212
212
212
212
Free-cash
1 379
1 455
1 403
1 331

Estimated living cost  is $212 per week

$140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$54
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
$1382
$1450
$1454
$1506
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
-
-
-
1 950
unemployment
-
-
-
2
health
-
-
-
49
pensions

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

-
-
-
64
income
-
-
-
292
total
-
-
-
407
Employee
213
-
1 866
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
income
21
-
187
-
pensions

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

19
-
38
-
health
10
-
20
-
total
52
-
250
-
Employer
213
-
1 866
-
pensions

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

24
-
47
-
health
15
-
30
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
unemployment
1
-
3
-
total
42
-
85
-
Corporate
1 695
1 950
-
-
income
169
195
-
-
total
169
195
-
-
Dividends
1 525
1 755
-
-
withholding
76
88
-
-
total
76
88
-
-
Income
1 950
1 950
1 950
1 950
Total tax
339
283
335
407
After tax
1 611
1 667
1 615
1 543
Living cost
161
161
161
161
Free-cash
1 450
1 506
1 454
1 382

Estimated living cost  is $161 per week

$94
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$51
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Larnaca , Cyprus
$1059
$1071
$1040
$1140
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
-
-
-
1 950
health
-
-
-
50
social contributions
-
-
-
199
income
-
-
-
358
total
-
-
-
607
Employee
943
943
1 811
-
income
103
87
349
-
social contributions
36
78
106
-
health
7
16
31
-
total
146
181
486
-
Employer
943
943
1 811
-
social contributions
36
78
106
-
health
8
17
34
-
total
44
95
140
-
Corporate
1 477
911
-
-
income
185
114
-
-
total
185
114
-
-
Dividends
1 292
797
-
-
withholding
220
136
-
-
total
220
136
-
-
Income
1 950
1 950
1 950
1 950
Total tax
595
526
626
607
After tax
1 355
1 424
1 324
1 343
Living cost
284
284
284
284
Free-cash
1 071
1 140
1 040
1 059

Estimated living cost  is $284 per week

$170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$28
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$80
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
$945
$974
$926
$1026
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
-
-
-
1 950
health
-
-
-
50
social contributions
-
-
-
199
income
-
-
-
358
total
-
-
-
607
Employee
943
943
1 811
-
income
99
87
349
-
social contributions
46
78
106
-
health
9
16
31
-
total
154
181
486
-
Employer
943
943
1 811
-
social contributions
46
78
106
-
health
10
17
34
-
total
56
95
140
-
Corporate
1 342
911
-
-
income
168
114
-
-
total
168
114
-
-
Dividends
1 174
797
-
-
withholding
200
136
-
-
total
200
136
-
-
Income
1 950
1 950
1 950
1 950
Total tax
578
526
626
607
After tax
1 372
1 424
1 324
1 343
Living cost
398
398
398
398
Free-cash
974
1 026
926
945

Estimated living cost  is $398 per week

$272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$31
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$88
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Brno , Czech Republic
$803
$958
$719
$1059
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
-
-
-
1 950
health
-
-
-
263
social contributions
-
-
-
408
income
-
-
-
192
solidarity contribution
-
-
-
-
total
-
-
-
863
Employee
417
-
1 469
-
income
50
-
177
-
social contributions
27
-
91
-
health
56
-
198
-
solidarity contribution
-
-
-
-
total
133
-
466
-
Employer
417
-
1 469
-
social contributions
104
-
349
-
health
38
-
132
-
total
142
-
481
-
Corporate
1 391
1 950
-
-
income
264
370
-
-
total
264
370
-
-
Dividends
1 127
1 580
-
-
withholding
169
237
-
-
total
169
237
-
-
Income
1 950
1 950
1 950
1 950
Total tax
708
607
947
863
After tax
1 242
1 343
1 003
1 087
Living cost
284
284
284
284
Free-cash
958
1 059
719
803

Estimated living cost  is $284 per week

$197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$61
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
$738
$870
$654
$994
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
-
-
-
1 950
health
-
-
-
263
social contributions
-
-
-
408
income
-
-
-
192
solidarity contribution
-
-
-
-
total
-
-
-
863
Employee
514
-
1 469
-
income
62
-
177
-
social contributions
33
-
91
-
health
69
-
198
-
solidarity contribution
-
-
-
-
total
164
-
466
-
Employer
514
-
1 469
-
social contributions
128
-
349
-
health
46
-
132
-
total
174
-
481
-
Corporate
1 262
1 950
-
-
income
240
370
-
-
total
240
370
-
-
Dividends
1 022
1 580
-
-
withholding
153
237
-
-
total
153
237
-
-
Income
1 950
1 950
1 950
1 950
Total tax
731
607
947
863
After tax
1 219
1 343
1 003
1 087
Living cost
349
349
349
349
Free-cash
870
994
654
738

Estimated living cost  is $349 per week

$260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$19
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Copenhagen , Denmark
$569
-$733
-$733
-$733
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
-
-
-
1 950
national
-
-
-
222
pensions
-
-
-
11
municipal
-
-
-
400
labour market
-
-
-
155
total
-
-
-
788
Employee
2 502
2 502
2 502
-
municipal
533
533
533
-
national
306
306
306
-
pensions
4
4
4
-
labour market
200
200
200
-
total
1 043
1 043
1 043
-
Employer
2 502
2 502
2 502
-
pensions
7
7
7
-
labour market
200
200
200
-
municipal
534
534
534
-
national
306
306
306
-
total
1 047
1 047
1 047
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
1 950
1 950
1 950
1 950
Total tax
2 090
2 090
2 090
788
After tax
-140
-140
-140
1 162
Living cost
593
593
593
593
Free-cash
-733
-733
-733
569

Estimated living cost  is $593 per week

$406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$52
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$9
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
$750
$1187
$829
$1264
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
-
-
-
1 950
health
-
-
-
253
pensions
-
-
-
390
income
-
-
-
261
total
-
-
-
904
Employee
348
-
1 457
-
unemployment
6
-
23
-
income
39
-
281
-
pensions
7
-
29
-
total
52
-
333
-
Employer
348
-
1 457
-
pensions
70
-
291
-
health
45
-
189
-
unemployment
3
-
12
-
total
118
-
492
-
Corporate
1 484
1 950
-
-
income
297
390
-
-
total
297
390
-
-
Dividends
1 187
1 560
-
-
total
-
-
-
-
Income
1 950
1 950
1 950
1 950
Total tax
467
390
825
904
After tax
1 483
1 560
1 125
1 046
Living cost
296
296
296
296
Free-cash
1 187
1 264
829
750

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
$817
$787
$564
$764
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

-
-
-
1 950
national
-
-
-
290
health
-
-
-
25
municipal
-
-
-
347
total
-
-
-
662
Employee
645
-
1 640
-
unemployment
10
-
25
-
municipal
106
-
267
-
national
11
-
181
-
pensions
44
-
111
-
health
5
-
20
-
total
176
-
604
-
Employer
645
-
1 640
-
pensions
112
-
285
-
health
5
-
13
-
accident
1
-
2
-
unemployment
4
-
11
-
total
122
-
311
-
Corporate
1 183
1 950
-
-
income
237
390
-
-
total
237
390
-
-
Dividends

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

710
1 170
-
-
municipal
128
211
-
-
national
29
114
-
-
total
157
325
-
-
Income
1 950
1 950
1 950
1 950
Total tax
692
715
915
662
After tax
1 258
1 235
1 035
1 288
Living cost
471
471
471
471
Free-cash
787
764
564
817

Estimated living cost  is $471 per week

$308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$45
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Marseille , France
$724
$674
$717
$604
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
-
-
-
1 950
surtax
-
-
-
-
health
-
-
-
76
pensions
-
-
-
368
social contributions
-
-
-
56
income
-
-
-
288
other
-
-
-
60
total
-
-
-
848
Employee
469
-
1 523
-
income
24
-
284
-
surtax
-
-
-
-
social contributions
13
-
43
-
pensions
53
-
100
-
total
90
-
427
-
Employer
469
-
1 523
-
pensions
77
-
170
-
social contributions
1
-
5
-
other
16
-
57
-
health
33
-
134
-
unemployment
19
-
62
-
total
146
-
428
-
Corporate
1 335
1 950
-
-
income
374
546
-
-
surtax
-
-
-
-
total
374
546
-
-
Dividends
961
1 404
-
-
withholding
123
180
-
-
social contributions
165
242
-
-
surtax
-
-
-
-
total
288
422
-
-
Income
1 950
1 950
1 950
1 950
Total tax
898
968
855
848
After tax
1 052
982
1 095
1 102
Living cost
378
378
378
378
Free-cash
674
604
717
724

Estimated living cost  is $378 per week

$219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$38
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
$682
$636
$675
$562
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 950
surtax
-
-
-
-
health
-
-
-
76
pensions
-
-
-
368
social contributions
-
-
-
56
income
-
-
-
288
other
-
-
-
60
total
-
-
-
848
Employee
525
-
1 523
-
income
31
-
284
-
surtax
-
-
-
-
social contributions
15
-
43
-
pensions
59
-
100
-
total
105
-
427
-
Employer
525
-
1 523
-
pensions
86
-
170
-
social contributions
2
-
5
-
other
18
-
57
-
health
37
-
134
-
unemployment
21
-
62
-
total
164
-
428
-
Corporate
1 261
1 950
-
-
income
353
546
-
-
surtax
-
-
-
-
total
353
546
-
-
Dividends
908
1 404
-
-
withholding
116
180
-
-
social contributions
156
242
-
-
surtax
-
-
-
-
total
272
422
-
-
Income
1 950
1 950
1 950
1 950
Total tax
894
968
855
848
After tax
1 056
982
1 095
1 102
Living cost
420
420
420
420
Free-cash
636
562
675
682

Estimated living cost  is $420 per week

$265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Paris , France
$509
$473
$502
$389
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
-
-
-
1 950
surtax
-
-
-
-
health
-
-
-
76
pensions
-
-
-
368
social contributions
-
-
-
56
income
-
-
-
288
other
-
-
-
60
total
-
-
-
848
Employee
768
-
1 523
-
income
67
-
284
-
surtax
-
-
-
-
social contributions
22
-
43
-
pensions
87
-
100
-
total
176
-
427
-
Employer
768
-
1 523
-
pensions
126
-
170
-
social contributions
2
-
5
-
other
27
-
57
-
health
54
-
134
-
unemployment
31
-
62
-
total
240
-
428
-
Corporate
942
1 950
-
-
income
264
546
-
-
surtax
-
-
-
-
total
264
546
-
-
Dividends
678
1 404
-
-
withholding
87
180
-
-
social contributions
117
242
-
-
surtax
-
-
-
-
total
204
422
-
-
Income
1 950
1 950
1 950
1 950
Total tax
884
968
855
848
After tax
1 066
982
1 095
1 102
Living cost
593
593
593
593
Free-cash
473
389
502
509

Estimated living cost  is $593 per week

$401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$48
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
$1852
$1758
$1481
$1774
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%.

-
-
-
1 950
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
19
total
-
-
-
19
Employee
99
-
1 950
-
income
20
-
390
-
total
20
-
390
-
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%.

1 851
1 950
-
-
total
-
-
-
-
Dividends
1 851
1 950
-
-
withholding
93
97
-
-
total
93
97
-
-
Income
1 950
1 950
1 950
1 950
Total tax
113
97
390
19
After tax
1 837
1 853
1 560
1 931
Living cost
79
79
79
79
Free-cash
1 758
1 774
1 481
1 852

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
$1808
$1706
$1437
$1730
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%.

-
-
-
1 950
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
19
total
-
-
-
19
Employee
154
-
1 950
-
income
31
-
390
-
total
31
-
390
-
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%.

1 796
1 950
-
-
total
-
-
-
-
Dividends
1 796
1 950
-
-
withholding
90
97
-
-
total
90
97
-
-
Income
1 950
1 950
1 950
1 950
Total tax
121
97
390
19
After tax
1 829
1 853
1 560
1 931
Living cost
123
123
123
123
Free-cash
1 706
1 730
1 437
1 808

Estimated living cost  is $123 per week

$83
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$5
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$31
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
$583
$690
$781
$530
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
1 950
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.

-
-
-
32
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.

-
-
-
579
trade
-
-
-
198
total
-
-
-
893
Employee

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

610
-
1 950
-
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
-
579
-
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
-
32
-
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
-
695
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 340
1 950
-
-
trade
192
280
-
-
income
201
292
-
-
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
16
-
-
total
408
593
-
-
Dividends
932
1 357
-
-
withholding
228
335
-
-
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
18
-
-
total
241
353
-
-
Income
1 950
1 950
1 950
1 950
Total tax
786
946
695
893
After tax
1 164
1 004
1 255
1 057
Living cost
474
474
474
474
Free-cash
690
530
781
583

Estimated living cost  is $474 per week

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

Additional information

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

Dresden , Germany
$666
$747
$883
$612
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.

-
-
-
1 950
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.

-
-
-
32
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.

-
-
-
579
trade
-
-
-
217
total
-
-
-
912
Employee

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

469
-
1 950
-
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
-
579
-
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
-
32
-
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
-
695
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 481
1 950
-
-
trade
233
307
-
-
income
222
292
-
-
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.

12
16
-
-
total
471
620
-
-
Dividends
1 009
1 330
-
-
withholding
248
328
-
-
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.

14
18
-
-
total
262
346
-
-
Income
1 950
1 950
1 950
1 950
Total tax
831
966
695
912
After tax
1 119
984
1 255
1 038
Living cost
372
372
372
372
Free-cash
747
612
883
666

Estimated living cost  is $372 per week

$234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$43
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$88
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Hamburg , Germany
$546
$665
$773
$492
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.

-
-
-
1 950
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.

-
-
-
32
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.

-
-
-
579
trade
-
-
-
227
total
-
-
-
922
Employee

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

622
-
1 950
-
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
-
579
-
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
-
32
-
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
-
695
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 328
1 950
-
-
trade
218
321
-
-
income
199
292
-
-
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
16
-
-
total
432
634
-
-
Dividends
896
1 316
-
-
withholding
219
324
-
-
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
18
-
-
total
231
342
-
-
Income
1 950
1 950
1 950
1 950
Total tax
803
976
695
922
After tax
1 147
974
1 255
1 028
Living cost
482
482
482
482
Free-cash
665
492
773
546

Estimated living cost  is $482 per week

$322
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$51
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Munich , Germany
$456
$599
$693
$402
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.

-
-
-
1 950
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.

-
-
-
32
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.

-
-
-
579
trade
-
-
-
237
total
-
-
-
932
Employee

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

737
-
1 950
-
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
-
579
-
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
-
32
-
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
-
695
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 213
1 950
-
-
trade
208
334
-
-
income
182
292
-
-
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
16
-
-
total
404
647
-
-
Dividends
809
1 302
-
-
withholding
198
321
-
-
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
18
-
-
total
209
339
-
-
Income
1 950
1 950
1 950
1 950
Total tax
789
986
695
932
After tax
1 161
964
1 255
1 018
Living cost
562
562
562
562
Free-cash
599
402
693
456

Estimated living cost  is $562 per week

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

Additional information

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

Athens , Greece
$650
$911
$578
$951
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
-
-
-
1 950
surtax
-
-
-
74
unemployment
-
-
-
3
health
-
-
-
116
pensions
-
-
-
327
income
-
-
-
504
other
-
-
-
-
total
-
-
-
1 024
Employee
413
-
1 611
-
unemployment
29
-
112
-
other
-
-
-
-
income
69
-
435
-
surtax
1
-
62
-
pensions
28
-
107
-
health
11
-
41
-
total
138
-
757
-
Employer
413
-
1 611
-
pensions
55
-
215
-
other
-
-
-
-
health
19
-
73
-
unemployment
13
-
51
-
total
87
-
339
-
Corporate
1 450
1 950
-
-
income
377
507
-
-
total
377
507
-
-
Dividends
1 073
1 443
-
-
withholding
161
216
-
-
total
161
216
-
-
Income
1 950
1 950
1 950
1 950
Total tax
763
723
1 096
1 024
After tax
1 187
1 227
854
926
Living cost
276
276
276
276
Free-cash
911
951
578
650

Estimated living cost  is $276 per week

$166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$24
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$79
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Thessaloniki , Greece
$655
$919
$583
$956
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 950
surtax
-
-
-
74
unemployment
-
-
-
3
health
-
-
-
116
pensions
-
-
-
327
income
-
-
-
504
other
-
-
-
-
total
-
-
-
1 024
Employee
406
-
1 611
-
unemployment
28
-
112
-
other
-
-
-
-
income
68
-
435
-
surtax
1
-
62
-
pensions
27
-
107
-
health
10
-
41
-
total
134
-
757
-
Employer
406
-
1 611
-
pensions
54
-
215
-
other
-
-
-
-
health
18
-
73
-
unemployment
13
-
51
-
total
85
-
339
-
Corporate
1 459
1 950
-
-
income
379
507
-
-
total
379
507
-
-
Dividends
1 080
1 443
-
-
withholding
162
216
-
-
total
162
216
-
-
Income
1 950
1 950
1 950
1 950
Total tax
760
723
1 096
1 024
After tax
1 190
1 227
854
926
Living cost
271
271
271
271
Free-cash
919
956
583
655

Estimated living cost  is $271 per week

$166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$74
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Budapest , Hungary
$1105
$857
$886
$850
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
-
-
-
1 950
unemployment
-
-
-
29
health
-
-
-
137
pensions
-
-
-
195
income
-
-
-
238
total
-
-
-
599
Employee

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

The minimum wage is 138,000 HUF per month.

354
141
1 632
-
unemployment
5
2
24
-
income
43
17
199
-
pensions
35
14
163
-
health
25
10
114
-
total
108
43
500
-
Employer

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

The minimum wage is 138,000 HUF per month.

354
141
1 632
-
pensions
69
28
318
-
total
69
28
318
-
Corporate
1 526
1 781
-
-
income
137
160
-
-
total
137
160
-
-
Dividends
1 389
1 621
-
-
withholding
264
308
-
-
social contributions
269
315
-
-
total
533
623
-
-
Income
1 950
1 950
1 950
1 950
Total tax
847
854
818
599
After tax
1 103
1 096
1 132
1 351
Living cost
246
246
246
246
Free-cash
857
850
886
1 105

Estimated living cost  is $246 per week

$168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$53
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
$560
$615
$576
$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
-
-
-
1 950
national
-
-
-
330
pensions
-
-
-
234
social contributions
-
-
-
21
municipal
-
-
-
213
total
-
-
-
798
Employee
917
-
1 686
-
municipal
113
-
220
-
national
176
-
342
-
pensions
37
-
67
-
total
326
-
629
-
Employer
917
-
1 686
-
pensions
73
-
135
-
social contributions
10
-
18
-
total
83
-
153
-
Corporate
889
1 950
-
-
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%.

178
390
-
-
total
178
390
-
-
Dividends
711
1 560
-
-
withholding
156
343
-
-
total
156
343
-
-
Income
1 950
1 950
1 950
1 950
Total tax
743
733
782
798
After tax
1 207
1 217
1 168
1 152
Living cost
592
592
592
592
Free-cash
615
625
576
560

Estimated living cost  is $592 per week

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

Additional information

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

Dublin , Ireland
$354
$693
$354
$666
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
-
-
-
1 950
social contributions
-
-
-
320
income
-
-
-
577
total
-
-
-
897
Employee
960
-
1 950
-
social contributions
80
-
320
-
income
181
-
577
-
total
261
-
897
-
Employer
960
-
1 950
-
total
-
-
-
-
Corporate
990
1 950
-
-
income
124
244
-
-
total
124
244
-
-
Dividends
867
1 706
-
-
withholding
173
341
-
-
total
173
341
-
-
Income
1 950
1 950
1 950
1 950
Total tax
558
585
897
897
After tax
1 392
1 365
1 053
1 053
Living cost
699
699
699
699
Free-cash
693
666
354
354

Estimated living cost  is $699 per week

$532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$57
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Milan , Italy
$425
$458
$338
$522
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
-
-
-
1 950
national
-
-
-
470
regional
-
-
-
23
social contributions
-
-
-
502
municipal
-
-
-
12
total
-
-
-
1 007
Employee
1 090
-
1 950
-
municipal
6
-
10
-
national
189
-
406
-
social contributions
368
-
658
-
regional
10
-
20
-
total
573
-
1 094
-
Employer
1 090
-
1 950
-
total
-
-
-
-
Corporate
860
1 950
-
-
nationa
206
468
-
-
municipal
34
76
-
-
total
240
544
-
-
Dividends
620
1 406
-
-
withholding
161
366
-
-
total
161
366
-
-
Income
1 950
1 950
1 950
1 950
Total tax
974
910
1 094
1 007
After tax
976
1 040
856
943
Living cost
518
518
518
518
Free-cash
458
522
338
425

Estimated living cost  is $518 per week

$361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Naples , Italy
$607
$668
$520
$695
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
-
-
-
1 950
national
-
-
-
470
regional
-
-
-
29
social contributions
-
-
-
502
municipal
-
-
-
12
total
-
-
-
1 013
Employee
681
-
1 950
-
municipal
4
-
10
-
national
108
-
406
-
social contributions
229
-
658
-
regional
9
-
26
-
total
350
-
1 100
-
Employer
681
-
1 950
-
total
-
-
-
-
Corporate
1 269
1 950
-
-
nationa
305
468
-
-
municipal
63
97
-
-
total
368
565
-
-
Dividends
902
1 385
-
-
withholding
234
360
-
-
total
234
360
-
-
Income
1 950
1 950
1 950
1 950
Total tax
952
925
1 100
1 013
After tax
998
1 025
850
937
Living cost
330
330
330
330
Free-cash
668
695
520
607

Estimated living cost  is $330 per week

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