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
$ 2050
per

Your estimated
City
free-cash

Andorra , Andorra
$1143
$1433
$1198
$1474
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
-
-
-
2 050
social contributions
-
-
-
451
income
-
-
-
85
total
-
-
-
536
Employee
397
-
1 775
-
social contributions
26
-
115
-
income
-
-
91
-
total
26
-
206
-
Employer
397
-
1 775
-
social contributions
61
-
275
-
total
61
-
275
-
Corporate
1 592
2 050
-
-
income
159
205
-
-
total
159
205
-
-
Dividends
1 433
1 845
-
-
total
-
-
-
-
Income
2 050
2 050
2 050
2 050
Total tax
246
205
481
536
After tax
1 804
1 845
1 569
1 514
Living cost
371
371
371
371
Free-cash
1 433
1 474
1 198
1 143

Estimated living cost  is $371 per week

$240
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
$660
$737
$149
$743
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
-
-
-
2 050
surtax
-
-
-
-
unemployment
-
-
-
76
health
-
-
-
110
chamber of commerce
-
-
-
8
pensions
-
-
-
267
income
-
-
-
535
total
-
-
-
996
Employee
539
492
1 622
-
unemployment
16
15
43
-
other
5
5
14
-
income
48
36
424
-
pensions
55
50
148
-
health
21
19
56
-
total
145
125
685
-
Employer
539
492
1 622
-
pensions
68
62
181
-
surtax
-
-
-
-
payroll
16
15
49
-
other
26
23
76
-
health
20
19
54
-
accident
7
6
19
-
unemployment
16
15
43
-
chamber of commerce
2
2
6
-
total
155
142
428
-
Corporate
1 355
1 417
1 575
-
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.

339
354
394
-
total
339
354
394
-
Dividends
1 017
1 063
-
-
withholding
280
292
-
-
total
280
292
-
-
Income
2 050
2 050
2 050
2 050
Total tax
919
913
1 507
996
After tax
1 131
1 137
543
1 054
Living cost
394
394
394
394
Free-cash
737
743
149
660

Estimated living cost  is $394 per week

$236
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
$617
$685
$109
$700
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
-
-
-
2 050
surtax
-
-
-
2
unemployment
-
-
-
76
health
-
-
-
110
chamber of commerce
-
-
-
8
pensions
-
-
-
267
income
-
-
-
535
total
-
-
-
998
Employee
617
492
1 620
-
unemployment
18
15
43
-
other
6
5
14
-
income
70
36
423
-
pensions
63
50
148
-
health
24
19
56
-
total
181
125
684
-
Employer
617
492
1 620
-
pensions
77
62
181
-
surtax
2
2
2
-
payroll
18
15
49
-
other
29
23
75
-
health
23
19
54
-
accident
8
6
19
-
unemployment
18
15
43
-
chamber of commerce
2
2
6
-
total
177
144
429
-
Corporate
1 254
1 414
1 573
-
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.

313
354
393
-
total
313
354
393
-
Dividends
940
1 061
-
-
withholding
259
292
-
-
total
259
292
-
-
Income
2 050
2 050
2 050
2 050
Total tax
930
915
1 506
998
After tax
1 120
1 135
544
1 052
Living cost
435
435
435
435
Free-cash
685
700
109
617

Estimated living cost  is $435 per week

$290
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.
$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

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
$437
$513
$277
$697
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
-
-
-
2 050
national
-
-
-
750
communal

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

-
-
-
105
social contributions
-
-
-
308
total
-
-
-
1 163
Employee

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

883
-
1 588
-
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
-
14
-
national
271
-
569
-
communal

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

46
-
83
-
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
-
119
-
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
-
75
-
total
432
-
860
-
Employer

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

883
-
1 588
-
surtax
100
-
180
-
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
-
141
-
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
-
98
-
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
-
21
-
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
256
-
463
-
Corporate
911
2 050
-
-
income
182
410
-
-
surtax
4
8
-
-
total
186
418
-
-
Dividends
725
1 632
-
-
withholding

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

213
485
-
-
total
213
485
-
-
Income
2 050
2 050
2 050
2 050
Total tax
1 087
903
1 323
1 163
After tax
963
1 147
727
887
Living cost
450
450
450
450
Free-cash
513
697
277
437

Estimated living cost  is $450 per week

$290
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.
$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
Sofia , Bulgaria
$1414
$1466
$1493
$1541
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
-
-
-
2 050
unemployment
-
-
-
2
health
-
-
-
50
pensions

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

-
-
-
64
income
-
-
-
308
total
-
-
-
424
Employee
281
-
1 965
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
income
28
-
197
-
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
-
260
-
Employer
281
-
1 965
-
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
1 714
2 050
-
-
income
171
205
-
-
total
171
205
-
-
Dividends
1 542
1 845
-
-
withholding
77
92
-
-
total
77
92
-
-
Income
2 050
2 050
2 050
2 050
Total tax
372
297
345
424
After tax
1 678
1 753
1 705
1 626
Living cost
212
212
212
212
Free-cash
1 466
1 541
1 493
1 414

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.
$55
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
$1464
$1534
$1543
$1591
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
-
-
-
2 050
unemployment
-
-
-
2
health
-
-
-
50
pensions

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

-
-
-
64
income
-
-
-
308
total
-
-
-
424
Employee
214
-
1 965
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
income
21
-
197
-
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
-
260
-
Employer
214
-
1 965
-
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
1 794
2 050
-
-
income
179
205
-
-
total
179
205
-
-
Dividends
1 614
1 845
-
-
withholding
81
92
-
-
total
81
92
-
-
Income
2 050
2 050
2 050
2 050
Total tax
354
297
345
424
After tax
1 696
1 753
1 705
1 626
Living cost
162
162
162
162
Free-cash
1 534
1 591
1 543
1 464

Estimated living cost  is $162 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
$1121
$1143
$1104
$1209
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
-
-
-
2 050
health
-
-
-
52
social contributions
-
-
-
200
income
-
-
-
391
total
-
-
-
643
Employee
949
949
1 908
-
income
103
88
381
-
social contributions
36
79
106
-
health
7
16
32
-
total
146
183
519
-
Employer
949
949
1 908
-
social contributions
36
79
106
-
health
8
18
35
-
total
44
97
141
-
Corporate
1 574
1 005
-
-
income
197
126
-
-
total
197
126
-
-
Dividends
1 377
879
-
-
withholding
234
149
-
-
total
234
149
-
-
Income
2 050
2 050
2 050
2 050
Total tax
621
555
660
643
After tax
1 429
1 495
1 390
1 407
Living cost
286
286
286
286
Free-cash
1 143
1 209
1 104
1 121

Estimated living cost  is $286 per week

$171
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
$1007
$1045
$990
$1095
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
-
-
-
2 050
health
-
-
-
52
social contributions
-
-
-
200
income
-
-
-
391
total
-
-
-
643
Employee
949
949
1 908
-
income
100
88
381
-
social contributions
46
79
106
-
health
9
16
32
-
total
155
183
519
-
Employer
949
949
1 908
-
social contributions
46
79
106
-
health
10
18
35
-
total
56
97
141
-
Corporate
1 438
1 005
-
-
income
180
126
-
-
total
180
126
-
-
Dividends
1 259
879
-
-
withholding
214
149
-
-
total
214
149
-
-
Income
2 050
2 050
2 050
2 050
Total tax
605
555
660
643
After tax
1 445
1 495
1 390
1 407
Living cost
400
400
400
400
Free-cash
1 045
1 095
990
1 007

Estimated living cost  is $400 per week

$274
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.
$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
Brno , Czech Republic
$873
$1024
$784
$1127
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
-
-
-
2 050
health
-
-
-
277
social contributions
-
-
-
411
income
-
-
-
204
solidarity contribution
-
-
-
-
total
-
-
-
892
Employee
420
-
1 558
-
income
50
-
188
-
social contributions
27
-
91
-
health
57
-
210
-
solidarity contribution
-
-
-
-
total
134
-
489
-
Employer
420
-
1 558
-
social contributions
105
-
352
-
health
38
-
140
-
total
143
-
492
-
Corporate
1 488
2 050
-
-
income
283
389
-
-
total
283
389
-
-
Dividends
1 205
1 661
-
-
withholding
181
249
-
-
total
181
249
-
-
Income
2 050
2 050
2 050
2 050
Total tax
741
638
981
892
After tax
1 309
1 412
1 069
1 158
Living cost
285
285
285
285
Free-cash
1 024
1 127
784
873

Estimated living cost  is $285 per week

$198
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
$806
$933
$717
$1060
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
-
-
-
2 050
health
-
-
-
277
social contributions
-
-
-
411
income
-
-
-
204
solidarity contribution
-
-
-
-
total
-
-
-
892
Employee
517
-
1 558
-
income
62
-
188
-
social contributions
34
-
91
-
health
70
-
210
-
solidarity contribution
-
-
-
-
total
166
-
489
-
Employer
517
-
1 558
-
social contributions
129
-
352
-
health
47
-
140
-
total
176
-
492
-
Corporate
1 357
2 050
-
-
income
258
389
-
-
total
258
389
-
-
Dividends
1 099
1 661
-
-
withholding
165
249
-
-
total
165
249
-
-
Income
2 050
2 050
2 050
2 050
Total tax
765
638
981
892
After tax
1 285
1 412
1 069
1 158
Living cost
352
352
352
352
Free-cash
933
1 060
717
806

Estimated living cost  is $352 per week

$261
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.
$65
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
$621
-$645
-$645
-$645
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
-
-
-
2 050
national
-
-
-
236
pensions
-
-
-
11
municipal
-
-
-
423
labour market
-
-
-
163
total
-
-
-
833
Employee
2 515
2 515
2 515
-
municipal
535
535
535
-
national
307
307
307
-
pensions
4
4
4
-
labour market
201
201
201
-
total
1 047
1 047
1 047
-
Employer
2 515
2 515
2 515
-
pensions
7
7
7
-
labour market
201
201
201
-
municipal
536
536
536
-
national
308
308
308
-
total
1 052
1 052
1 052
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 050
2 050
2 050
2 050
Total tax
2 099
2 099
2 099
833
After tax
-49
-49
-49
1 217
Living cost
596
596
596
596
Free-cash
-645
-645
-645
621

Estimated living cost  is $596 per week

$408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$53
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
$800
$1266
$884
$1342
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
-
-
-
2 050
health
-
-
-
267
pensions
-
-
-
410
income
-
-
-
275
total
-
-
-
952
Employee
350
-
1 532
-
unemployment
6
-
25
-
income
39
-
295
-
pensions
7
-
31
-
total
52
-
351
-
Employer
350
-
1 532
-
pensions
70
-
306
-
health
45
-
199
-
unemployment
3
-
12
-
total
118
-
517
-
Corporate
1 582
2 050
-
-
income
316
410
-
-
total
316
410
-
-
Dividends
1 265
1 640
-
-
total
-
-
-
-
Income
2 050
2 050
2 050
2 050
Total tax
486
410
868
952
After tax
1 564
1 640
1 182
1 098
Living cost
298
298
298
298
Free-cash
1 266
1 342
884
800

Estimated living cost  is $298 per week

$204
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.
$70
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
$867
$845
$610
$819
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

-
-
-
2 050
national
-
-
-
319
health
-
-
-
26
municipal
-
-
-
364
total
-
-
-
709
Employee
649
-
1 725
-
unemployment
10
-
26
-
municipal
106
-
281
-
national
11
-
197
-
pensions
44
-
116
-
health
5
-
21
-
total
176
-
641
-
Employer
649
-
1 725
-
pensions
113
-
299
-
health
5
-
13
-
accident
1
-
2
-
unemployment
4
-
11
-
total
123
-
325
-
Corporate
1 278
2 050
-
-
income
256
410
-
-
total
256
410
-
-
Dividends

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

767
1 230
-
-
municipal
138
221
-
-
national
38
126
-
-
total
176
347
-
-
Income
2 050
2 050
2 050
2 050
Total tax
731
757
966
709
After tax
1 319
1 293
1 084
1 341
Living cost
474
474
474
474
Free-cash
845
819
610
867

Estimated living cost  is $474 per week

$309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$46
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

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
$777
$724
$761
$653
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
-
-
-
2 050
surtax
-
-
-
-
health
-
-
-
83
pensions
-
-
-
377
social contributions
-
-
-
58
income
-
-
-
311
other
-
-
-
64
total
-
-
-
893
Employee
471
-
1 595
-
income
24
-
302
-
surtax
-
-
-
-
social contributions
13
-
45
-
pensions
53
-
107
-
total
90
-
454
-
Employer
471
-
1 595
-
pensions
77
-
181
-
social contributions
1
-
5
-
other
16
-
61
-
health
33
-
143
-
unemployment
19
-
65
-
total
146
-
455
-
Corporate
1 431
2 050
-
-
income
401
574
-
-
surtax
-
-
-
-
total
401
574
-
-
Dividends
1 031
1 476
-
-
withholding
132
189
-
-
social contributions
177
254
-
-
surtax
-
-
-
-
total
309
443
-
-
Income
2 050
2 050
2 050
2 050
Total tax
946
1 017
909
893
After tax
1 104
1 033
1 141
1 157
Living cost
380
380
380
380
Free-cash
724
653
761
777

Estimated living cost  is $380 per week

$221
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.
$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
Nice , France
$735
$684
$719
$611
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
-
-
-
2 050
surtax
-
-
-
-
health
-
-
-
83
pensions
-
-
-
377
social contributions
-
-
-
58
income
-
-
-
311
other
-
-
-
64
total
-
-
-
893
Employee
528
-
1 595
-
income
31
-
302
-
surtax
-
-
-
-
social contributions
15
-
45
-
pensions
60
-
107
-
total
106
-
454
-
Employer
528
-
1 595
-
pensions
87
-
181
-
social contributions
2
-
5
-
other
18
-
61
-
health
37
-
143
-
unemployment
21
-
65
-
total
165
-
455
-
Corporate
1 357
2 050
-
-
income
380
574
-
-
surtax
-
-
-
-
total
380
574
-
-
Dividends
977
1 476
-
-
withholding
125
189
-
-
social contributions
168
254
-
-
surtax
-
-
-
-
total
293
443
-
-
Income
2 050
2 050
2 050
2 050
Total tax
944
1 017
909
893
After tax
1 106
1 033
1 141
1 157
Living cost
422
422
422
422
Free-cash
684
611
719
735

Estimated living cost  is $422 per week

$266
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
$561
$524
$545
$437
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
-
-
-
2 050
surtax
-
-
-
-
health
-
-
-
83
pensions
-
-
-
377
social contributions
-
-
-
58
income
-
-
-
311
other
-
-
-
64
total
-
-
-
893
Employee
773
-
1 595
-
income
67
-
302
-
surtax
-
-
-
-
social contributions
22
-
45
-
pensions
87
-
107
-
total
176
-
454
-
Employer
773
-
1 595
-
pensions
127
-
181
-
social contributions
2
-
5
-
other
27
-
61
-
health
54
-
143
-
unemployment
31
-
65
-
total
241
-
455
-
Corporate
1 036
2 050
-
-
income
290
574
-
-
surtax
-
-
-
-
total
290
574
-
-
Dividends
746
1 476
-
-
withholding
95
189
-
-
social contributions
128
254
-
-
surtax
-
-
-
-
total
223
443
-
-
Income
2 050
2 050
2 050
2 050
Total tax
930
1 017
909
893
After tax
1 120
1 033
1 141
1 157
Living cost
596
596
596
596
Free-cash
524
437
545
561

Estimated living cost  is $596 per week

$403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$49
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$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.
$136
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
$1950
$1853
$1561
$1869
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%.

-
-
-
2 050
microenterprise

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

-
-
-
21
total
-
-
-
21
Employee
99
-
2 050
-
income
20
-
410
-
total
20
-
410
-
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%.

1 951
2 050
-
-
total
-
-
-
-
Dividends
1 951
2 050
-
-
withholding
98
102
-
-
total
98
102
-
-
Income
2 050
2 050
2 050
2 050
Total tax
118
102
410
21
After tax
1 932
1 948
1 640
2 029
Living cost
79
79
79
79
Free-cash
1 853
1 869
1 561
1 950

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
$1906
$1801
$1517
$1825
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%.

-
-
-
2 050
microenterprise

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

-
-
-
21
total
-
-
-
21
Employee
154
-
2 050
-
income
31
-
410
-
total
31
-
410
-
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%.

1 896
2 050
-
-
total
-
-
-
-
Dividends
1 896
2 050
-
-
withholding
95
102
-
-
total
95
102
-
-
Income
2 050
2 050
2 050
2 050
Total tax
126
102
410
21
After tax
1 924
1 948
1 640
2 029
Living cost
123
123
123
123
Free-cash
1 801
1 825
1 517
1 906

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
$624
$742
$836
$580
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.

-
-
-
2 050
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.

-
-
-
34
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.

-
-
-
620
trade
-
-
-
212
total
-
-
-
950
Employee

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

614
-
2 050
-
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
-
620
-
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
-
34
-
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
-
738
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 436
2 050
-
-
trade
206
294
-
-
income
215
307
-
-
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
17
-
-
total
437
623
-
-
Dividends
999
1 427
-
-
withholding
245
352
-
-
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
258
371
-
-
Income
2 050
2 050
2 050
2 050
Total tax
832
994
738
950
After tax
1 218
1 056
1 312
1 100
Living cost
476
476
476
476
Free-cash
742
580
836
624

Estimated living cost  is $476 per week

$329
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.
$90
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
$705
$796
$938
$660
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.

-
-
-
2 050
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.

-
-
-
34
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.

-
-
-
620
trade
-
-
-
233
total
-
-
-
971
Employee

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

472
-
2 050
-
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
-
620
-
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
-
34
-
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
-
738
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 578
2 050
-
-
trade
249
323
-
-
income
237
307
-
-
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
17
-
-
total
503
652
-
-
Dividends
1 076
1 398
-
-
withholding
264
345
-
-
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.

15
19
-
-
total
279
364
-
-
Income
2 050
2 050
2 050
2 050
Total tax
880
1 016
738
971
After tax
1 170
1 034
1 312
1 079
Living cost
374
374
374
374
Free-cash
796
660
938
705

Estimated living cost  is $374 per week

$235
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$44
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$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
$584
$712
$827
$539
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.

-
-
-
2 050
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.

-
-
-
34
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.

-
-
-
620
trade
-
-
-
243
total
-
-
-
981
Employee

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

626
-
2 050
-
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.

54
-
620
-
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
-
34
-
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
141
-
738
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 424
2 050
-
-
trade
234
337
-
-
income
214
307
-
-
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
17
-
-
total
464
666
-
-
Dividends
961
1 384
-
-
withholding
235
341
-
-
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
248
360
-
-
Income
2 050
2 050
2 050
2 050
Total tax
853
1 026
738
981
After tax
1 197
1 024
1 312
1 069
Living cost
485
485
485
485
Free-cash
712
539
827
584

Estimated living cost  is $485 per week

$324
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
$494
$648
$747
$447
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.

-
-
-
2 050
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.

-
-
-
34
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.

-
-
-
620
trade
-
-
-
253
total
-
-
-
991
Employee

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

741
-
2 050
-
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
-
620
-
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
-
34
-
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
-
738
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 309
2 050
-
-
trade
224
352
-
-
income
196
307
-
-
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
17
-
-
total
435
681
-
-
Dividends
873
1 369
-
-
withholding
214
338
-
-
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
19
-
-
total
226
357
-
-
Income
2 050
2 050
2 050
2 050
Total tax
837
1 038
738
991
After tax
1 213
1 012
1 312
1 059
Living cost
565
565
565
565
Free-cash
648
447
747
494

Estimated living cost  is $565 per week

$413
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.
$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

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
$695
$973
$618
$1012
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
-
-
-
2 050
surtax
-
-
-
82
unemployment
-
-
-
3
health
-
-
-
117
pensions
-
-
-
329
income
-
-
-
547
other
-
-
-
-
total
-
-
-
1 078
Employee
415
-
1 703
-
unemployment
29
-
115
-
other
-
-
-
-
income
70
-
473
-
surtax
1
-
69
-
pensions
28
-
110
-
health
11
-
42
-
total
139
-
809
-
Employer
415
-
1 703
-
pensions
55
-
219
-
other
-
-
-
-
health
19
-
75
-
unemployment
13
-
52
-
total
87
-
346
-
Corporate
1 547
2 050
-
-
income
402
533
-
-
total
402
533
-
-
Dividends
1 145
1 517
-
-
withholding
172
228
-
-
total
172
228
-
-
Income
2 050
2 050
2 050
2 050
Total tax
800
761
1 155
1 078
After tax
1 250
1 289
895
972
Living cost
277
277
277
277
Free-cash
973
1 012
618
695

Estimated living cost  is $277 per week

$167
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
$700
$980
$623
$1017
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
-
-
-
2 050
surtax
-
-
-
82
unemployment
-
-
-
3
health
-
-
-
117
pensions
-
-
-
329
income
-
-
-
547
other
-
-
-
-
total
-
-
-
1 078
Employee
408
-
1 703
-
unemployment
28
-
115
-
other
-
-
-
-
income
68
-
473
-
surtax
1
-
69
-
pensions
27
-
110
-
health
10
-
42
-
total
134
-
809
-
Employer
408
-
1 703
-
pensions
54
-
219
-
other
-
-
-
-
health
19
-
75
-
unemployment
13
-
52
-
total
86
-
346
-
Corporate
1 556
2 050
-
-
income
405
533
-
-
total
405
533
-
-
Dividends
1 152
1 517
-
-
withholding
173
228
-
-
total
173
228
-
-
Income
2 050
2 050
2 050
2 050
Total tax
798
761
1 155
1 078
After tax
1 252
1 289
895
972
Living cost
272
272
272
272
Free-cash
980
1 017
623
700

Estimated living cost  is $272 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
$1173
$910
$940
$906
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
-
-
-
2 050
unemployment
-
-
-
31
health
-
-
-
143
pensions
-
-
-
205
income
-
-
-
251
total
-
-
-
630
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.

356
142
1 715
-
unemployment
5
2
26
-
income
44
17
210
-
pensions
36
14
172
-
health
25
10
120
-
total
110
43
528
-
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.

356
142
1 715
-
pensions
69
28
335
-
total
69
28
335
-
Corporate
1 624
1 881
-
-
income
146
169
-
-
total
146
169
-
-
Dividends
1 478
1 711
-
-
withholding
281
325
-
-
social contributions
287
332
-
-
total
568
657
-
-
Income
2 050
2 050
2 050
2 050
Total tax
893
897
863
630
After tax
1 157
1 153
1 187
1 420
Living cost
247
247
247
247
Free-cash
910
906
940
1 173

Estimated living cost  is $247 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
$614
$673
$626
$683
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
-
-
-
2 050
national
-
-
-
348
pensions
-
-
-
246
social contributions
-
-
-
22
municipal
-
-
-
224
total
-
-
-
840
Employee
924
-
1 772
-
municipal
114
-
232
-
national
177
-
364
-
pensions
37
-
71
-
total
328
-
667
-
Employer
924
-
1 772
-
pensions
74
-
142
-
social contributions
10
-
19
-
total
84
-
161
-
Corporate
982
2 050
-
-
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%.

196
410
-
-
total
196
410
-
-
Dividends
785
1 640
-
-
withholding
173
361
-
-
total
173
361
-
-
Income
2 050
2 050
2 050
2 050
Total tax
781
771
828
840
After tax
1 269
1 279
1 222
1 210
Living cost
596
596
596
596
Free-cash
673
683
626
614

Estimated living cost  is $596 per week

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

Additional information

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

Dublin , Ireland
$392
$759
$392
$732
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
-
-
-
2 050
social contributions
-
-
-
339
income
-
-
-
616
total
-
-
-
955
Employee
965
-
2 050
-
social contributions
80
-
339
-
income
182
-
616
-
total
262
-
955
-
Employer
965
-
2 050
-
total
-
-
-
-
Corporate
1 085
2 050
-
-
income
136
256
-
-
total
136
256
-
-
Dividends
949
1 794
-
-
withholding
190
359
-
-
total
190
359
-
-
Income
2 050
2 050
2 050
2 050
Total tax
588
615
955
955
After tax
1 462
1 435
1 095
1 095
Living cost
703
703
703
703
Free-cash
759
732
392
392

Estimated living cost  is $703 per week

$535
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
$466
$508
$374
$573
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
-
-
-
2 050
national
-
-
-
500
regional
-
-
-
24
social contributions
-
-
-
527
municipal
-
-
-
12
total
-
-
-
1 063
Employee
1 096
-
2 050
-
municipal
6
-
11
-
national
190
-
432
-
social contributions
370
-
691
-
regional
10
-
21
-
total
576
-
1 155
-
Employer
1 096
-
2 050
-
total
-
-
-
-
Corporate
954
2 050
-
-
nationa
229
492
-
-
municipal
37
80
-
-
total
266
572
-
-
Dividends
687
1 478
-
-
withholding
179
384
-
-
total
179
384
-
-
Income
2 050
2 050
2 050
2 050
Total tax
1 021
956
1 155
1 063
After tax
1 029
1 094
895
987
Living cost
521
521
521
521
Free-cash
508
573
374
466

Estimated living cost  is $521 per week

$363
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.
$116
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
$648
$718
$556
$745
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
-
-
-
2 050
national
-
-
-
500
regional
-
-
-
31
social contributions
-
-
-
527
municipal
-
-
-
12
total
-
-
-
1 070
Employee
684
-
2 050
-
municipal
4
-
11
-
national
108
-
432
-
social contributions
231
-
691
-
regional
9
-
28
-
total
352
-
1 162
-
Employer
684
-
2 050
-
total
-
-
-
-
Corporate
1 366
2 050
-
-
nationa
328
492
-
-
municipal
68
102
-
-
total
396
594
-
-
Dividends
970
1 456
-
-
withholding
252
379
-
-
total
252
379
-
-
Income
2 050
2 050
2 050
2 050
Total tax
1 000
973
1 162
1 070
After tax
1 050
1 077
888
980
Living cost
332
332
332
332
Free-cash
718
745
556
648

Estimated living cost  is $332 per week

$207
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.
$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