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
$ 2000
per

Your estimated
City
free-cash

Andorra , Andorra
$1110
$1390
$1163
$1432
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
-
-
-
2 000
social contributions
-
-
-
440
income
-
-
-
82
total
-
-
-
522
Employee
394
-
1 732
-
social contributions
26
-
113
-
income
-
-
88
-
total
26
-
201
-
Employer
394
-
1 732
-
social contributions
61
-
268
-
total
61
-
268
-
Corporate
1 545
2 000
-
-
income
155
200
-
-
total
155
200
-
-
Dividends
1 391
1 800
-
-
total
-
-
-
-
Income
2 000
2 000
2 000
2 000
Total tax
242
200
469
522
After tax
1 758
1 800
1 531
1 478
Living cost
368
368
368
368
Free-cash
1 390
1 432
1 163
1 110

Estimated living cost  is $368 per week

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

Additional information

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

Graz , Austria
$638
$713
$139
$718
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
-
-
-
2 000
surtax
-
-
-
-
unemployment
-
-
-
75
health
-
-
-
109
chamber of commerce
-
-
-
8
pensions
-
-
-
265
income
-
-
-
514
total
-
-
-
971
Employee
535
488
1 578
-
unemployment
16
15
43
-
other
5
5
14
-
income
48
36
407
-
pensions
55
50
146
-
health
21
19
55
-
total
145
125
665
-
Employer
535
488
1 578
-
pensions
67
61
179
-
surtax
-
-
-
-
payroll
16
15
47
-
other
25
23
74
-
health
20
18
54
-
accident
7
6
19
-
unemployment
16
15
43
-
chamber of commerce
2
2
6
-
total
153
140
422
-
Corporate
1 311
1 372
1 531
-
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.

328
343
383
-
total
328
343
383
-
Dividends
983
1 029
-
-
withholding
270
283
-
-
total
270
283
-
-
Income
2 000
2 000
2 000
2 000
Total tax
896
891
1 470
971
After tax
1 104
1 109
530
1 029
Living cost
391
391
391
391
Free-cash
713
718
139
638

Estimated living cost  is $391 per week

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

Additional information

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

Vienna , Austria
$596
$659
$98
$678
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
-
-
-
2 000
surtax
-
-
-
2
unemployment
-
-
-
75
health
-
-
-
109
chamber of commerce
-
-
-
8
pensions
-
-
-
265
income
-
-
-
514
total
-
-
-
973
Employee
612
488
1 575
-
unemployment
18
15
43
-
other
6
5
14
-
income
70
36
407
-
pensions
63
50
146
-
health
24
19
55
-
total
181
125
665
-
Employer
612
488
1 575
-
pensions
77
61
179
-
surtax
2
2
2
-
payroll
18
15
47
-
other
29
23
74
-
health
23
18
54
-
accident
8
6
19
-
unemployment
18
15
43
-
chamber of commerce
2
2
6
-
total
177
142
424
-
Corporate
1 210
1 369
1 529
-
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.

302
342
382
-
total
302
342
382
-
Dividends
907
1 027
-
-
withholding
250
282
-
-
total
250
282
-
-
Income
2 000
2 000
2 000
2 000
Total tax
910
891
1 471
973
After tax
1 090
1 109
529
1 027
Living cost
431
431
431
431
Free-cash
659
678
98
596

Estimated living cost  is $431 per week

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

Additional information

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

Brussels , Belgium
$420
$489
$267
$673
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
-
-
-
2 000
national
-
-
-
727
communal

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

-
-
-
102
social contributions
-
-
-
305
total
-
-
-
1 134
Employee

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

876
-
1 549
-
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
269
-
553
-
communal

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

46
-
81
-
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
-
116
-
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
-
73
-
total
430
-
836
-
Employer

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

876
-
1 549
-
surtax
99
-
176
-
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
-
137
-
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
-
95
-
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
-
23
-
total
255
-
451
-
Corporate
870
2 000
-
-
income
174
400
-
-
surtax
3
8
-
-
total
177
408
-
-
Dividends
692
1 592
-
-
withholding

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

203
473
-
-
total
203
473
-
-
Income
2 000
2 000
2 000
2 000
Total tax
1 065
881
1 287
1 134
After tax
935
1 119
713
866
Living cost
446
446
446
446
Free-cash
489
673
267
420

Estimated living cost  is $446 per week

$287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$39
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sofia , Bulgaria
$1376
$1425
$1451
$1500
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
-
-
-
2 000
unemployment
-
-
-
2
health
-
-
-
49
pensions

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

-
-
-
63
income
-
-
-
300
total
-
-
-
414
Employee
279
-
1 916
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
income
28
-
192
-
pensions

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

24
-
38
-
health
13
-
20
-
total
68
-
255
-
Employer
279
-
1 916
-
pensions

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

31
-
47
-
health
19
-
29
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
unemployment
2
-
3
-
total
55
-
84
-
Corporate
1 667
2 000
-
-
income
167
200
-
-
total
167
200
-
-
Dividends
1 500
1 800
-
-
withholding
75
90
-
-
total
75
90
-
-
Income
2 000
2 000
2 000
2 000
Total tax
365
290
339
414
After tax
1 635
1 710
1 661
1 586
Living cost
210
210
210
210
Free-cash
1 425
1 500
1 451
1 376

Estimated living cost  is $210 per week

$139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$54
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
$1426
$1493
$1501
$1550
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
-
-
-
2 000
unemployment
-
-
-
2
health
-
-
-
49
pensions

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

-
-
-
63
income
-
-
-
300
total
-
-
-
414
Employee
212
-
1 916
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
income
21
-
192
-
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
-
255
-
Employer
212
-
1 916
-
pensions

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

23
-
47
-
health
15
-
29
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
unemployment
1
-
3
-
total
41
-
84
-
Corporate
1 746
2 000
-
-
income
175
200
-
-
total
175
200
-
-
Dividends
1 571
1 800
-
-
withholding
79
90
-
-
total
79
90
-
-
Income
2 000
2 000
2 000
2 000
Total tax
347
290
339
414
After tax
1 653
1 710
1 661
1 586
Living cost
160
160
160
160
Free-cash
1 493
1 550
1 501
1 426

Estimated living cost  is $160 per week

$94
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$11
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$51
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Larnaca , Cyprus
$1092
$1110
$1075
$1178
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
-
-
-
2 000
health
-
-
-
51
social contributions
-
-
-
198
income
-
-
-
376
total
-
-
-
625
Employee
941
941
1 860
-
income
102
87
366
-
social contributions
36
78
105
-
health
7
16
32
-
total
145
181
503
-
Employer
941
941
1 860
-
social contributions
36
78
105
-
health
8
17
34
-
total
44
95
139
-
Corporate
1 528
963
-
-
income
191
120
-
-
total
191
120
-
-
Dividends
1 337
843
-
-
withholding
227
143
-
-
total
227
143
-
-
Income
2 000
2 000
2 000
2 000
Total tax
607
539
642
625
After tax
1 393
1 461
1 358
1 375
Living cost
283
283
283
283
Free-cash
1 110
1 178
1 075
1 092

Estimated living cost  is $283 per week

$170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$28
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$79
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
$978
$1012
$961
$1064
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
-
-
-
2 000
health
-
-
-
51
social contributions
-
-
-
198
income
-
-
-
376
total
-
-
-
625
Employee
941
941
1 860
-
income
99
87
366
-
social contributions
46
78
105
-
health
9
16
32
-
total
154
181
503
-
Employer
941
941
1 860
-
social contributions
46
78
105
-
health
10
17
34
-
total
56
95
139
-
Corporate
1 393
963
-
-
income
174
120
-
-
total
174
120
-
-
Dividends
1 219
843
-
-
withholding
207
143
-
-
total
207
143
-
-
Income
2 000
2 000
2 000
2 000
Total tax
591
539
642
625
After tax
1 409
1 461
1 358
1 375
Living cost
397
397
397
397
Free-cash
1 012
1 064
961
978

Estimated living cost  is $397 per week

$271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$31
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$88
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Brno , Czech Republic
$841
$994
$754
$1094
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
-
-
-
2 000
health
-
-
-
270
social contributions
-
-
-
407
income
-
-
-
199
solidarity contribution
-
-
-
-
total
-
-
-
876
Employee
415
-
1 516
-
income
50
-
183
-
social contributions
27
-
91
-
health
56
-
205
-
solidarity contribution
-
-
-
-
total
133
-
479
-
Employer
415
-
1 516
-
social contributions
104
-
348
-
health
37
-
136
-
total
141
-
484
-
Corporate
1 443
2 000
-
-
income
274
380
-
-
total
274
380
-
-
Dividends
1 169
1 620
-
-
withholding
175
243
-
-
total
175
243
-
-
Income
2 000
2 000
2 000
2 000
Total tax
723
623
963
876
After tax
1 277
1 377
1 037
1 124
Living cost
283
283
283
283
Free-cash
994
1 094
754
841

Estimated living cost  is $283 per week

$196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$61
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
$776
$905
$689
$1029
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
-
-
-
2 000
health
-
-
-
270
social contributions
-
-
-
407
income
-
-
-
199
solidarity contribution
-
-
-
-
total
-
-
-
876
Employee
512
-
1 516
-
income
61
-
183
-
social contributions
33
-
91
-
health
69
-
205
-
solidarity contribution
-
-
-
-
total
163
-
479
-
Employer
512
-
1 516
-
social contributions
128
-
348
-
health
46
-
136
-
total
174
-
484
-
Corporate
1 314
2 000
-
-
income
250
380
-
-
total
250
380
-
-
Dividends
1 064
1 620
-
-
withholding
160
243
-
-
total
160
243
-
-
Income
2 000
2 000
2 000
2 000
Total tax
747
623
963
876
After tax
1 253
1 377
1 037
1 124
Living cost
348
348
348
348
Free-cash
905
1 029
689
776

Estimated living cost  is $348 per week

$259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$19
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Copenhagen , Denmark
$598
-$674
-$674
-$674
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
-
-
-
2 000
national
-
-
-
229
pensions
-
-
-
11
municipal
-
-
-
412
labour market
-
-
-
159
total
-
-
-
811
Employee
2 496
2 496
2 496
-
municipal
531
531
531
-
national
305
305
305
-
pensions
4
4
4
-
labour market
199
199
199
-
total
1 039
1 039
1 039
-
Employer
2 496
2 496
2 496
-
pensions
7
7
7
-
labour market
200
200
200
-
municipal
532
532
532
-
national
305
305
305
-
total
1 044
1 044
1 044
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 000
2 000
2 000
2 000
Total tax
2 083
2 083
2 083
811
After tax
-83
-83
-83
1 189
Living cost
591
591
591
591
Free-cash
-674
-674
-674
598

Estimated living cost  is $591 per week

$405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$52
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$9
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
$776
$1228
$857
$1304
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
-
-
-
2 000
health
-
-
-
260
pensions
-
-
-
400
income
-
-
-
268
total
-
-
-
928
Employee
347
-
1 495
-
unemployment
6
-
24
-
income
39
-
288
-
pensions
7
-
30
-
total
52
-
342
-
Employer
347
-
1 495
-
pensions
69
-
299
-
health
45
-
194
-
unemployment
3
-
12
-
total
117
-
505
-
Corporate
1 535
2 000
-
-
income
307
400
-
-
total
307
400
-
-
Dividends
1 228
1 600
-
-
total
-
-
-
-
Income
2 000
2 000
2 000
2 000
Total tax
476
400
847
928
After tax
1 524
1 600
1 153
1 072
Living cost
296
296
296
296
Free-cash
1 228
1 304
857
776

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
$843
$820
$588
$793
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

-
-
-
2 000
national
-
-
-
306
health
-
-
-
26
municipal
-
-
-
355
total
-
-
-
687
Employee
644
-
1 683
-
unemployment
10
-
25
-
municipal
105
-
274
-
national
11
-
190
-
pensions
43
-
114
-
health
5
-
21
-
total
174
-
624
-
Employer
644
-
1 683
-
pensions
112
-
292
-
health
5
-
13
-
accident
1
-
2
-
unemployment
4
-
11
-
total
122
-
318
-
Corporate
1 234
2 000
-
-
income
247
400
-
-
total
247
400
-
-
Dividends

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

741
1 200
-
-
municipal
133
216
-
-
national
34
121
-
-
total
167
337
-
-
Income
2 000
2 000
2 000
2 000
Total tax
710
737
942
687
After tax
1 290
1 263
1 058
1 313
Living cost
470
470
470
470
Free-cash
820
793
588
843

Estimated living cost  is $470 per week

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

Additional information

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

Marseille , France
$752
$699
$739
$631
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
-
-
-
2 000
surtax
-
-
-
-
health
-
-
-
80
pensions
-
-
-
372
social contributions
-
-
-
57
income
-
-
-
300
other
-
-
-
62
total
-
-
-
871
Employee
468
-
1 558
-
income
24
-
294
-
surtax
-
-
-
-
social contributions
13
-
44
-
pensions
53
-
104
-
total
90
-
442
-
Employer
468
-
1 558
-
pensions
77
-
176
-
social contributions
1
-
5
-
other
16
-
59
-
health
33
-
139
-
unemployment
19
-
63
-
total
146
-
442
-
Corporate
1 386
2 000
-
-
income
388
560
-
-
surtax
-
-
-
-
total
388
560
-
-
Dividends
998
1 440
-
-
withholding
128
184
-
-
social contributions
172
248
-
-
surtax
-
-
-
-
total
300
432
-
-
Income
2 000
2 000
2 000
2 000
Total tax
924
992
884
871
After tax
1 076
1 008
1 116
1 129
Living cost
377
377
377
377
Free-cash
699
631
739
752

Estimated living cost  is $377 per week

$219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$38
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
$710
$661
$697
$589
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
-
-
-
2 000
surtax
-
-
-
-
health
-
-
-
80
pensions
-
-
-
372
social contributions
-
-
-
57
income
-
-
-
300
other
-
-
-
62
total
-
-
-
871
Employee
524
-
1 558
-
income
31
-
294
-
surtax
-
-
-
-
social contributions
15
-
44
-
pensions
59
-
104
-
total
105
-
442
-
Employer
524
-
1 558
-
pensions
86
-
176
-
social contributions
2
-
5
-
other
18
-
59
-
health
37
-
139
-
unemployment
21
-
63
-
total
164
-
442
-
Corporate
1 312
2 000
-
-
income
367
560
-
-
surtax
-
-
-
-
total
367
560
-
-
Dividends
945
1 440
-
-
withholding
121
184
-
-
social contributions
163
248
-
-
surtax
-
-
-
-
total
284
432
-
-
Income
2 000
2 000
2 000
2 000
Total tax
920
992
884
871
After tax
1 080
1 008
1 116
1 129
Living cost
419
419
419
419
Free-cash
661
589
697
710

Estimated living cost  is $419 per week

$264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Paris , France
$538
$501
$525
$417
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
-
-
-
2 000
surtax
-
-
-
-
health
-
-
-
80
pensions
-
-
-
372
social contributions
-
-
-
57
income
-
-
-
300
other
-
-
-
62
total
-
-
-
871
Employee
767
-
1 558
-
income
67
-
294
-
surtax
-
-
-
-
social contributions
22
-
44
-
pensions
87
-
104
-
total
176
-
442
-
Employer
767
-
1 558
-
pensions
126
-
176
-
social contributions
2
-
5
-
other
26
-
59
-
health
54
-
139
-
unemployment
31
-
63
-
total
239
-
442
-
Corporate
994
2 000
-
-
income
278
560
-
-
surtax
-
-
-
-
total
278
560
-
-
Dividends
716
1 440
-
-
withholding
92
184
-
-
social contributions
123
248
-
-
surtax
-
-
-
-
total
215
432
-
-
Income
2 000
2 000
2 000
2 000
Total tax
908
992
884
871
After tax
1 092
1 008
1 116
1 129
Living cost
591
591
591
591
Free-cash
501
417
525
538

Estimated living cost  is $591 per week

$400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$48
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
$1901
$1806
$1521
$1821
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%.

-
-
-
2 000
microenterprise

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

-
-
-
20
total
-
-
-
20
Employee
99
-
2 000
-
income
20
-
400
-
total
20
-
400
-
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%.

1 901
2 000
-
-
total
-
-
-
-
Dividends
1 901
2 000
-
-
withholding
95
100
-
-
total
95
100
-
-
Income
2 000
2 000
2 000
2 000
Total tax
115
100
400
20
After tax
1 885
1 900
1 600
1 980
Living cost
79
79
79
79
Free-cash
1 806
1 821
1 521
1 901

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
$1857
$1754
$1477
$1777
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%.

-
-
-
2 000
microenterprise

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

-
-
-
20
total
-
-
-
20
Employee
154
-
2 000
-
income
31
-
400
-
total
31
-
400
-
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%.

1 846
2 000
-
-
total
-
-
-
-
Dividends
1 846
2 000
-
-
withholding
92
100
-
-
total
92
100
-
-
Income
2 000
2 000
2 000
2 000
Total tax
123
100
400
20
After tax
1 877
1 900
1 600
1 980
Living cost
123
123
123
123
Free-cash
1 754
1 777
1 477
1 857

Estimated living cost  is $123 per week

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

Additional information

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

Berlin , Germany
$604
$716
$809
$557
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.

-
-
-
2 000
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.

-
-
-
33
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.

-
-
-
601
trade
-
-
-
205
total
-
-
-
923
Employee

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

609
-
2 000
-
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
-
601
-
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
-
33
-
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
-
718
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 391
2 000
-
-
trade
200
287
-
-
income
209
300
-
-
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
424
608
-
-
Dividends
967
1 392
-
-
withholding
237
343
-
-
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
19
-
-
total
250
362
-
-
Income
2 000
2 000
2 000
2 000
Total tax
811
970
718
923
After tax
1 189
1 030
1 282
1 077
Living cost
473
473
473
473
Free-cash
716
557
809
604

Estimated living cost  is $473 per week

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

Additional information

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

Dresden , Germany
$686
$773
$911
$639
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.

-
-
-
2 000
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.

-
-
-
33
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.

-
-
-
601
trade
-
-
-
225
total
-
-
-
943
Employee

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

468
-
2 000
-
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
-
601
-
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
-
33
-
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
-
718
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 532
2 000
-
-
trade
241
315
-
-
income
230
300
-
-
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.

13
16
-
-
total
488
636
-
-
Dividends
1 044
1 364
-
-
withholding
256
336
-
-
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
270
354
-
-
Income
2 000
2 000
2 000
2 000
Total tax
856
990
718
943
After tax
1 144
1 010
1 282
1 057
Living cost
371
371
371
371
Free-cash
773
639
911
686

Estimated living cost  is $371 per week

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

Additional information

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

Hamburg , Germany
$566
$689
$801
$518
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.

-
-
-
2 000
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.

-
-
-
33
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.

-
-
-
601
trade
-
-
-
235
total
-
-
-
953
Employee

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

621
-
2 000
-
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
-
601
-
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
-
33
-
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
-
718
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 379
2 000
-
-
trade
227
329
-
-
income
207
300
-
-
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
449
650
-
-
Dividends
930
1 350
-
-
withholding
228
333
-
-
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
351
-
-
Income
2 000
2 000
2 000
2 000
Total tax
830
1 001
718
953
After tax
1 170
999
1 282
1 047
Living cost
481
481
481
481
Free-cash
689
518
801
566

Estimated living cost  is $481 per week

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

Additional information

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

Munich , Germany
$476
$625
$721
$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

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

-
-
-
2 000
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.

-
-
-
33
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.

-
-
-
601
trade
-
-
-
245
total
-
-
-
963
Employee

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

736
-
2 000
-
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
-
601
-
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
-
33
-
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
-
718
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 264
2 000
-
-
trade
217
343
-
-
income
190
300
-
-
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
421
664
-
-
Dividends
844
1 336
-
-
withholding
206
329
-
-
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
217
347
-
-
Income
2 000
2 000
2 000
2 000
Total tax
814
1 011
718
963
After tax
1 186
989
1 282
1 037
Living cost
561
561
561
561
Free-cash
625
428
721
476

Estimated living cost  is $561 per week

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

Additional information

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

Athens , Greece
$673
$943
$597
$983
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
-
-
-
2 000
surtax
-
-
-
78
unemployment
-
-
-
3
health
-
-
-
116
pensions
-
-
-
327
income
-
-
-
528
other
-
-
-
-
total
-
-
-
1 052
Employee
412
-
1 656
-
unemployment
29
-
114
-
other
-
-
-
-
income
69
-
454
-
surtax
1
-
65
-
pensions
28
-
109
-
health
11
-
42
-
total
138
-
784
-
Employer
412
-
1 656
-
pensions
55
-
218
-
other
-
-
-
-
health
19
-
74
-
unemployment
13
-
52
-
total
87
-
344
-
Corporate
1 501
2 000
-
-
income
390
520
-
-
total
390
520
-
-
Dividends
1 111
1 480
-
-
withholding
167
222
-
-
total
167
222
-
-
Income
2 000
2 000
2 000
2 000
Total tax
782
742
1 128
1 052
After tax
1 218
1 258
872
948
Living cost
275
275
275
275
Free-cash
943
983
597
673

Estimated living cost  is $275 per week

$166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$24
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$79
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Thessaloniki , Greece
$678
$950
$602
$988
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
-
-
-
2 000
surtax
-
-
-
78
unemployment
-
-
-
3
health
-
-
-
116
pensions
-
-
-
327
income
-
-
-
528
other
-
-
-
-
total
-
-
-
1 052
Employee
405
-
1 656
-
unemployment
28
-
114
-
other
-
-
-
-
income
68
-
454
-
surtax
1
-
65
-
pensions
27
-
109
-
health
10
-
42
-
total
134
-
784
-
Employer
405
-
1 656
-
pensions
54
-
218
-
other
-
-
-
-
health
18
-
74
-
unemployment
13
-
52
-
total
85
-
344
-
Corporate
1 510
2 000
-
-
income
393
520
-
-
total
393
520
-
-
Dividends
1 117
1 480
-
-
withholding
168
222
-
-
total
168
222
-
-
Income
2 000
2 000
2 000
2 000
Total tax
780
742
1 128
1 052
After tax
1 220
1 258
872
948
Living cost
270
270
270
270
Free-cash
950
988
602
678

Estimated living cost  is $270 per week

$165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$74
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Budapest , Hungary
$1143
$887
$917
$881
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
-
-
-
2 000
unemployment
-
-
-
30
health
-
-
-
140
pensions
-
-
-
200
income
-
-
-
244
total
-
-
-
614
Employee

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

The minimum wage is 138,000 HUF per month.

351
140
1 674
-
unemployment
5
2
25
-
income
43
17
205
-
pensions
35
14
167
-
health
25
10
117
-
total
108
43
514
-
Employer

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

The minimum wage is 138,000 HUF per month.

351
140
1 674
-
pensions
68
27
326
-
total
68
27
326
-
Corporate
1 581
1 833
-
-
income
142
165
-
-
total
142
165
-
-
Dividends
1 439
1 668
-
-
withholding
273
317
-
-
social contributions
279
324
-
-
total
552
641
-
-
Income
2 000
2 000
2 000
2 000
Total tax
870
876
840
614
After tax
1 130
1 124
1 160
1 386
Living cost
243
243
243
243
Free-cash
887
881
917
1 143

Estimated living cost  is $243 per week

$166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$52
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
$587
$646
$603
$655
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
-
-
-
2 000
national
-
-
-
339
pensions
-
-
-
240
social contributions
-
-
-
22
municipal
-
-
-
219
total
-
-
-
820
Employee
919
-
1 729
-
municipal
113
-
226
-
national
176
-
352
-
pensions
37
-
69
-
total
326
-
647
-
Employer
919
-
1 729
-
pensions
73
-
138
-
social contributions
10
-
19
-
total
83
-
157
-
Corporate
937
2 000
-
-
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%.

187
400
-
-
total
187
400
-
-
Dividends
750
1 600
-
-
withholding
165
352
-
-
total
165
352
-
-
Income
2 000
2 000
2 000
2 000
Total tax
761
752
804
820
After tax
1 239
1 248
1 196
1 180
Living cost
593
593
593
593
Free-cash
646
655
603
587

Estimated living cost  is $593 per week

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

Additional information

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

Dublin , Ireland
$375
$730
$375
$703
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
-
-
-
2 000
social contributions
-
-
-
330
income
-
-
-
598
total
-
-
-
928
Employee
958
-
2 000
-
social contributions
80
-
330
-
income
181
-
598
-
total
261
-
928
-
Employer
958
-
2 000
-
total
-
-
-
-
Corporate
1 042
2 000
-
-
income
130
250
-
-
total
130
250
-
-
Dividends
912
1 750
-
-
withholding
182
350
-
-
total
182
350
-
-
Income
2 000
2 000
2 000
2 000
Total tax
573
600
928
928
After tax
1 427
1 400
1 072
1 072
Living cost
697
697
697
697
Free-cash
730
703
375
375

Estimated living cost  is $697 per week

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

Additional information

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

Milan , Italy
$449
$485
$357
$550
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
-
-
-
2 000
national
-
-
-
485
regional
-
-
-
23
social contributions
-
-
-
514
municipal
-
-
-
12
total
-
-
-
1 034
Employee
1 088
-
2 000
-
municipal
6
-
11
-
national
189
-
420
-
social contributions
367
-
674
-
regional
10
-
21
-
total
572
-
1 126
-
Employer
1 088
-
2 000
-
total
-
-
-
-
Corporate
912
2 000
-
-
nationa
219
480
-
-
municipal
36
78
-
-
total
255
558
-
-
Dividends
658
1 442
-
-
withholding
171
375
-
-
total
171
375
-
-
Income
2 000
2 000
2 000
2 000
Total tax
998
933
1 126
1 034
After tax
1 002
1 067
874
966
Living cost
517
517
517
517
Free-cash
485
550
357
449

Estimated living cost  is $517 per week

$360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Naples , Italy
$629
$693
$538
$722
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
-
-
-
2 000
national
-
-
-
485
regional
-
-
-
30
social contributions
-
-
-
514
municipal
-
-
-
12
total
-
-
-
1 041
Employee
679
-
2 000
-
municipal
4
-
11
-
national
108
-
420
-
social contributions
229
-
674
-
regional
9
-
27
-
total
350
-
1 132
-
Employer
679
-
2 000
-
total
-
-
-
-
Corporate
1 321
2 000
-
-
nationa
317
480
-
-
municipal
66
99
-
-
total
383
579
-
-
Dividends
938
1 421
-
-
withholding
244
369
-
-
total
244
369
-
-
Income
2 000
2 000
2 000
2 000
Total tax
977
948
1 132
1 041
After tax
1 023
1 052
868
959
Living cost
330
330
330
330
Free-cash
693
722
538
629

Estimated living cost  is $330 per week

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