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
$ 2100
per

Your estimated
City
free-cash

Andorra , Andorra
$1178
$1478
$1234
$1519
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
-
-
-
2 100
social contributions
-
-
-
462
income
-
-
-
89
total
-
-
-
551
Employee
397
-
1 818
-
social contributions
26
-
118
-
income
-
-
95
-
total
26
-
213
-
Employer
397
-
1 818
-
social contributions
61
-
282
-
total
61
-
282
-
Corporate
1 642
2 100
-
-
income
164
210
-
-
total
164
210
-
-
Dividends
1 478
1 890
-
-
total
-
-
-
-
Income
2 100
2 100
2 100
2 100
Total tax
251
210
495
551
After tax
1 849
1 890
1 605
1 549
Living cost
371
371
371
371
Free-cash
1 478
1 519
1 234
1 178

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
$686
$765
$165
$769
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
-
-
-
2 100
surtax
-
-
-
-
unemployment
-
-
-
76
health
-
-
-
110
chamber of commerce
-
-
-
8
pensions
-
-
-
267
income
-
-
-
559
total
-
-
-
1 020
Employee
539
492
1 669
-
unemployment
16
15
43
-
other
5
5
14
-
income
48
36
444
-
pensions
55
50
148
-
health
21
19
56
-
total
145
125
705
-
Employer
539
492
1 669
-
pensions
68
62
181
-
surtax
-
-
-
-
payroll
16
15
50
-
other
26
23
77
-
health
20
19
54
-
accident
7
6
19
-
unemployment
16
15
43
-
chamber of commerce
2
2
7
-
total
155
142
431
-
Corporate
1 405
1 467
1 622
-
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.

351
367
405
-
total
351
367
405
-
Dividends
1 054
1 100
-
-
withholding
290
303
-
-
total
290
303
-
-
Income
2 100
2 100
2 100
2 100
Total tax
941
937
1 541
1 020
After tax
1 159
1 163
559
1 080
Living cost
394
394
394
394
Free-cash
765
769
165
686

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
$643
$712
$123
$728
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
-
-
-
2 100
surtax
-
-
-
2
unemployment
-
-
-
76
health
-
-
-
110
chamber of commerce
-
-
-
8
pensions
-
-
-
267
income
-
-
-
559
total
-
-
-
1 022
Employee
617
492
1 666
-
unemployment
18
15
43
-
other
6
5
14
-
income
70
36
443
-
pensions
63
50
148
-
health
24
19
56
-
total
181
125
704
-
Employer
617
492
1 666
-
pensions
77
62
181
-
surtax
2
2
2
-
payroll
18
15
50
-
other
29
23
77
-
health
23
19
54
-
accident
8
6
19
-
unemployment
18
15
43
-
chamber of commerce
2
2
7
-
total
177
144
433
-
Corporate
1 304
1 464
1 620
-
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.

326
366
405
-
total
326
366
405
-
Dividends
978
1 098
-
-
withholding
269
302
-
-
total
269
302
-
-
Income
2 100
2 100
2 100
2 100
Total tax
953
937
1 542
1 022
After tax
1 147
1 163
558
1 078
Living cost
435
435
435
435
Free-cash
712
728
123
643

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
$459
$541
$294
$725
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
-
-
-
2 100
national
-
-
-
775
communal

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

-
-
-
108
social contributions
-
-
-
308
total
-
-
-
1 191
Employee

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

883
-
1 627
-
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
-
586
-
communal

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

46
-
85
-
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
-
122
-
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
-
76
-
total
432
-
883
-
Employer

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

883
-
1 627
-
surtax
100
-
184
-
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
-
144
-
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
-
100
-
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
-
24
-
total
256
-
473
-
Corporate
961
2 100
-
-
income
192
420
-
-
surtax
4
8
-
-
total
196
428
-
-
Dividends
765
1 672
-
-
withholding

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

225
497
-
-
total
225
497
-
-
Income
2 100
2 100
2 100
2 100
Total tax
1 109
925
1 356
1 191
After tax
991
1 175
744
909
Living cost
450
450
450
450
Free-cash
541
725
294
459

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
$1457
$1509
$1538
$1584
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
-
-
-
2 100
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
-
-
-
315
total
-
-
-
431
Employee
281
-
2 015
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
income
28
-
202
-
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
-
265
-
Employer
281
-
2 015
-
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
1 764
2 100
-
-
income
176
210
-
-
total
176
210
-
-
Dividends
1 587
1 890
-
-
withholding
79
94
-
-
total
79
94
-
-
Income
2 100
2 100
2 100
2 100
Total tax
379
304
350
431
After tax
1 721
1 796
1 750
1 669
Living cost
212
212
212
212
Free-cash
1 509
1 584
1 538
1 457

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
$1507
$1577
$1588
$1634
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 100
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
-
-
-
315
total
-
-
-
431
Employee
214
-
2 015
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
income
21
-
202
-
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
-
265
-
Employer
214
-
2 015
-
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
1 844
2 100
-
-
income
184
210
-
-
total
184
210
-
-
Dividends
1 659
1 890
-
-
withholding
83
94
-
-
total
83
94
-
-
Income
2 100
2 100
2 100
2 100
Total tax
361
304
350
431
After tax
1 739
1 796
1 750
1 669
Living cost
162
162
162
162
Free-cash
1 577
1 634
1 588
1 507

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
$1152
$1179
$1135
$1245
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
-
-
-
2 100
health
-
-
-
54
social contributions
-
-
-
200
income
-
-
-
408
total
-
-
-
662
Employee
949
949
1 958
-
income
103
88
398
-
social contributions
36
79
106
-
health
7
16
33
-
total
146
183
537
-
Employer
949
949
1 958
-
social contributions
36
79
106
-
health
8
18
36
-
total
44
97
142
-
Corporate
1 624
1 055
-
-
income
203
132
-
-
total
203
132
-
-
Dividends
1 421
923
-
-
withholding
242
157
-
-
total
242
157
-
-
Income
2 100
2 100
2 100
2 100
Total tax
635
569
679
662
After tax
1 465
1 531
1 421
1 438
Living cost
286
286
286
286
Free-cash
1 179
1 245
1 135
1 152

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
$1038
$1082
$1021
$1131
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
-
-
-
2 100
health
-
-
-
54
social contributions
-
-
-
200
income
-
-
-
408
total
-
-
-
662
Employee
949
949
1 958
-
income
100
88
398
-
social contributions
46
79
106
-
health
9
16
33
-
total
155
183
537
-
Employer
949
949
1 958
-
social contributions
46
79
106
-
health
10
18
36
-
total
56
97
142
-
Corporate
1 488
1 055
-
-
income
186
132
-
-
total
186
132
-
-
Dividends
1 302
923
-
-
withholding
221
157
-
-
total
221
157
-
-
Income
2 100
2 100
2 100
2 100
Total tax
618
569
679
662
After tax
1 482
1 531
1 421
1 438
Living cost
400
400
400
400
Free-cash
1 082
1 131
1 021
1 038

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
$910
$1059
$817
$1161
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
-
-
-
2 100
health
-
-
-
283
social contributions
-
-
-
411
income
-
-
-
211
solidarity contribution
-
-
-
-
total
-
-
-
905
Employee
420
-
1 604
-
income
50
-
194
-
social contributions
27
-
91
-
health
57
-
217
-
solidarity contribution
-
-
-
-
total
134
-
502
-
Employer
420
-
1 604
-
social contributions
105
-
352
-
health
38
-
144
-
total
143
-
496
-
Corporate
1 538
2 100
-
-
income
292
399
-
-
total
292
399
-
-
Dividends
1 246
1 701
-
-
withholding
187
255
-
-
total
187
255
-
-
Income
2 100
2 100
2 100
2 100
Total tax
756
654
998
905
After tax
1 344
1 446
1 102
1 195
Living cost
285
285
285
285
Free-cash
1 059
1 161
817
910

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
$843
$968
$750
$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
-
-
-
2 100
health
-
-
-
283
social contributions
-
-
-
411
income
-
-
-
211
solidarity contribution
-
-
-
-
total
-
-
-
905
Employee
517
-
1 604
-
income
62
-
194
-
social contributions
34
-
91
-
health
70
-
217
-
solidarity contribution
-
-
-
-
total
166
-
502
-
Employer
517
-
1 604
-
social contributions
129
-
352
-
health
47
-
144
-
total
176
-
496
-
Corporate
1 407
2 100
-
-
income
267
399
-
-
total
267
399
-
-
Dividends
1 140
1 701
-
-
withholding
171
255
-
-
total
171
255
-
-
Income
2 100
2 100
2 100
2 100
Total tax
780
654
998
905
After tax
1 320
1 446
1 102
1 195
Living cost
352
352
352
352
Free-cash
968
1 094
750
843

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
$647
-$595
-$595
-$595
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
-
-
-
2 100
national
-
-
-
244
pensions
-
-
-
11
municipal
-
-
-
435
labour market
-
-
-
167
total
-
-
-
857
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
2 100
2 100
2 100
2 100
Total tax
2 099
2 099
2 099
857
After tax
1
1
1
1 243
Living cost
596
596
596
596
Free-cash
-595
-595
-595
647

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
$828
$1306
$912
$1382
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
-
-
-
2 100
health
-
-
-
273
pensions
-
-
-
420
income
-
-
-
281
total
-
-
-
974
Employee
350
-
1 569
-
unemployment
6
-
25
-
income
39
-
303
-
pensions
7
-
31
-
total
52
-
359
-
Employer
350
-
1 569
-
pensions
70
-
314
-
health
45
-
204
-
unemployment
3
-
13
-
total
118
-
531
-
Corporate
1 632
2 100
-
-
income
326
420
-
-
total
326
420
-
-
Dividends
1 305
1 680
-
-
total
-
-
-
-
Income
2 100
2 100
2 100
2 100
Total tax
496
420
890
974
After tax
1 604
1 680
1 210
1 126
Living cost
298
298
298
298
Free-cash
1 306
1 382
912
828

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
$891
$875
$631
$846
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

-
-
-
2 100
national
-
-
-
335
health
-
-
-
27
municipal
-
-
-
373
total
-
-
-
735
Employee
649
-
1 767
-
unemployment
10
-
27
-
municipal
106
-
288
-
national
11
-
205
-
pensions
44
-
119
-
health
5
-
22
-
total
176
-
661
-
Employer
649
-
1 767
-
pensions
113
-
307
-
health
5
-
14
-
accident
1
-
2
-
unemployment
4
-
11
-
total
123
-
334
-
Corporate
1 328
2 100
-
-
income
266
420
-
-
total
266
420
-
-
Dividends

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

797
1 260
-
-
municipal
143
227
-
-
national
43
133
-
-
total
186
360
-
-
Income
2 100
2 100
2 100
2 100
Total tax
751
780
995
735
After tax
1 349
1 320
1 105
1 365
Living cost
474
474
474
474
Free-cash
875
846
631
891

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
$804
$749
$782
$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
-
-
-
2 100
surtax
-
-
-
-
health
-
-
-
87
pensions
-
-
-
381
social contributions
-
-
-
60
income
-
-
-
323
other
-
-
-
65
total
-
-
-
916
Employee
471
-
1 631
-
income
24
-
312
-
surtax
-
-
-
-
social contributions
13
-
46
-
pensions
53
-
111
-
total
90
-
469
-
Employer
471
-
1 631
-
pensions
77
-
187
-
social contributions
1
-
5
-
other
16
-
63
-
health
33
-
148
-
unemployment
19
-
66
-
total
146
-
469
-
Corporate
1 481
2 100
-
-
income
415
588
-
-
surtax
-
-
-
-
total
415
588
-
-
Dividends
1 067
1 512
-
-
withholding
137
194
-
-
social contributions
183
260
-
-
surtax
-
-
-
-
total
320
454
-
-
Income
2 100
2 100
2 100
2 100
Total tax
971
1 042
938
916
After tax
1 129
1 058
1 162
1 184
Living cost
380
380
380
380
Free-cash
749
678
782
804

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
$762
$709
$740
$636
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
-
-
-
2 100
surtax
-
-
-
-
health
-
-
-
87
pensions
-
-
-
381
social contributions
-
-
-
60
income
-
-
-
323
other
-
-
-
65
total
-
-
-
916
Employee
528
-
1 631
-
income
31
-
312
-
surtax
-
-
-
-
social contributions
15
-
46
-
pensions
60
-
111
-
total
106
-
469
-
Employer
528
-
1 631
-
pensions
87
-
187
-
social contributions
2
-
5
-
other
18
-
63
-
health
37
-
148
-
unemployment
21
-
66
-
total
165
-
469
-
Corporate
1 407
2 100
-
-
income
394
588
-
-
surtax
-
-
-
-
total
394
588
-
-
Dividends
1 013
1 512
-
-
withholding
130
194
-
-
social contributions
174
260
-
-
surtax
-
-
-
-
total
304
454
-
-
Income
2 100
2 100
2 100
2 100
Total tax
969
1 042
938
916
After tax
1 131
1 058
1 162
1 184
Living cost
422
422
422
422
Free-cash
709
636
740
762

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
$588
$549
$566
$462
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
-
-
-
2 100
surtax
-
-
-
-
health
-
-
-
87
pensions
-
-
-
381
social contributions
-
-
-
60
income
-
-
-
323
other
-
-
-
65
total
-
-
-
916
Employee
773
-
1 631
-
income
67
-
312
-
surtax
-
-
-
-
social contributions
22
-
46
-
pensions
87
-
111
-
total
176
-
469
-
Employer
773
-
1 631
-
pensions
127
-
187
-
social contributions
2
-
5
-
other
27
-
63
-
health
54
-
148
-
unemployment
31
-
66
-
total
241
-
469
-
Corporate
1 086
2 100
-
-
income
304
588
-
-
surtax
-
-
-
-
total
304
588
-
-
Dividends
782
1 512
-
-
withholding
100
194
-
-
social contributions
134
260
-
-
surtax
-
-
-
-
total
234
454
-
-
Income
2 100
2 100
2 100
2 100
Total tax
955
1 042
938
916
After tax
1 145
1 058
1 162
1 184
Living cost
596
596
596
596
Free-cash
549
462
566
588

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
$2000
$1901
$1601
$1916
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%.

-
-
-
2 100
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
-
2 100
-
income
20
-
420
-
total
20
-
420
-
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%.

2 001
2 100
-
-
total
-
-
-
-
Dividends
2 001
2 100
-
-
withholding
100
105
-
-
total
100
105
-
-
Income
2 100
2 100
2 100
2 100
Total tax
120
105
420
21
After tax
1 980
1 995
1 680
2 079
Living cost
79
79
79
79
Free-cash
1 901
1 916
1 601
2 000

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
$1956
$1849
$1557
$1872
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%.

-
-
-
2 100
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
-
2 100
-
income
31
-
420
-
total
31
-
420
-
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%.

1 946
2 100
-
-
total
-
-
-
-
Dividends
1 946
2 100
-
-
withholding
97
105
-
-
total
97
105
-
-
Income
2 100
2 100
2 100
2 100
Total tax
128
105
420
21
After tax
1 972
1 995
1 680
2 079
Living cost
123
123
123
123
Free-cash
1 849
1 872
1 557
1 956

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
$645
$767
$864
$605
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.

-
-
-
2 100
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.

-
-
-
35
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.

-
-
-
641
trade
-
-
-
219
total
-
-
-
979
Employee

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

614
-
2 100
-
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
-
641
-
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
-
35
-
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
-
760
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 486
2 100
-
-
trade
213
301
-
-
income
223
315
-
-
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
452
638
-
-
Dividends
1 034
1 461
-
-
withholding
254
361
-
-
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
20
-
-
total
268
381
-
-
Income
2 100
2 100
2 100
2 100
Total tax
857
1 019
760
979
After tax
1 243
1 081
1 340
1 121
Living cost
476
476
476
476
Free-cash
767
605
864
645

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
$726
$823
$966
$686
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.

-
-
-
2 100
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.

-
-
-
35
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.

-
-
-
641
trade
-
-
-
240
total
-
-
-
1 000
Employee

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

472
-
2 100
-
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
-
641
-
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
-
35
-
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
-
760
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 628
2 100
-
-
trade
256
331
-
-
income
244
315
-
-
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
517
668
-
-
Dividends
1 110
1 432
-
-
withholding
273
353
-
-
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
288
372
-
-
Income
2 100
2 100
2 100
2 100
Total tax
903
1 040
760
1 000
After tax
1 197
1 060
1 340
1 100
Living cost
374
374
374
374
Free-cash
823
686
966
726

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
$604
$737
$855
$564
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.

-
-
-
2 100
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.

-
-
-
35
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.

-
-
-
641
trade
-
-
-
251
total
-
-
-
1 011
Employee

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

626
-
2 100
-
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
-
641
-
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
-
35
-
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
-
760
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 474
2 100
-
-
trade
243
345
-
-
income
221
315
-
-
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
480
682
-
-
Dividends
994
1 417
-
-
withholding
244
350
-
-
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
257
369
-
-
Income
2 100
2 100
2 100
2 100
Total tax
878
1 051
760
1 011
After tax
1 222
1 049
1 340
1 089
Living cost
485
485
485
485
Free-cash
737
564
855
604

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
$513
$673
$775
$473
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.

-
-
-
2 100
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.

-
-
-
35
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.

-
-
-
641
trade
-
-
-
262
total
-
-
-
1 022
Employee

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

741
-
2 100
-
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
-
641
-
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
-
35
-
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
-
760
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 359
2 100
-
-
trade
233
360
-
-
income
204
315
-
-
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
452
697
-
-
Dividends
907
1 403
-
-
withholding
222
346
-
-
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
234
365
-
-
Income
2 100
2 100
2 100
2 100
Total tax
862
1 062
760
1 022
After tax
1 238
1 038
1 340
1 078
Living cost
565
565
565
565
Free-cash
673
473
775
513

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
$717
$1005
$642
$1044
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
-
-
-
2 100
surtax
-
-
-
87
unemployment
-
-
-
3
health
-
-
-
117
pensions
-
-
-
329
income
-
-
-
570
other
-
-
-
-
total
-
-
-
1 106
Employee
415
-
1 753
-
unemployment
29
-
115
-
other
-
-
-
-
income
70
-
496
-
surtax
1
-
72
-
pensions
28
-
110
-
health
11
-
42
-
total
139
-
835
-
Employer
415
-
1 753
-
pensions
55
-
219
-
other
-
-
-
-
health
19
-
75
-
unemployment
13
-
52
-
total
87
-
346
-
Corporate
1 597
2 100
-
-
income
415
546
-
-
total
415
546
-
-
Dividends
1 182
1 554
-
-
withholding
177
233
-
-
total
177
233
-
-
Income
2 100
2 100
2 100
2 100
Total tax
818
779
1 181
1 106
After tax
1 282
1 321
919
994
Living cost
277
277
277
277
Free-cash
1 005
1 044
642
717

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
$722
$1012
$647
$1049
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
-
-
-
2 100
surtax
-
-
-
87
unemployment
-
-
-
3
health
-
-
-
117
pensions
-
-
-
329
income
-
-
-
570
other
-
-
-
-
total
-
-
-
1 106
Employee
408
-
1 753
-
unemployment
28
-
115
-
other
-
-
-
-
income
68
-
496
-
surtax
1
-
72
-
pensions
27
-
110
-
health
10
-
42
-
total
134
-
835
-
Employer
408
-
1 753
-
pensions
54
-
219
-
other
-
-
-
-
health
19
-
75
-
unemployment
13
-
52
-
total
86
-
346
-
Corporate
1 606
2 100
-
-
income
418
546
-
-
total
418
546
-
-
Dividends
1 189
1 554
-
-
withholding
178
233
-
-
total
178
233
-
-
Income
2 100
2 100
2 100
2 100
Total tax
816
779
1 181
1 106
After tax
1 284
1 321
919
994
Living cost
272
272
272
272
Free-cash
1 012
1 049
647
722

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
$1207
$937
$970
$933
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
-
-
-
2 100
unemployment
-
-
-
32
health
-
-
-
147
pensions
-
-
-
210
income
-
-
-
257
total
-
-
-
646
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
1 757
-
unemployment
5
2
26
-
income
44
17
215
-
pensions
36
14
176
-
health
25
10
123
-
total
110
43
540
-
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
1 757
-
pensions
69
28
343
-
total
69
28
343
-
Corporate
1 674
1 931
-
-
income
151
174
-
-
total
151
174
-
-
Dividends
1 524
1 757
-
-
withholding
290
334
-
-
social contributions
296
341
-
-
total
586
675
-
-
Income
2 100
2 100
2 100
2 100
Total tax
916
920
883
646
After tax
1 184
1 180
1 217
1 454
Living cost
247
247
247
247
Free-cash
937
933
970
1 207

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
$640
$704
$651
$714
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
-
-
-
2 100
national
-
-
-
359
pensions
-
-
-
252
social contributions
-
-
-
23
municipal
-
-
-
230
total
-
-
-
864
Employee
924
-
1 815
-
municipal
114
-
238
-
national
177
-
377
-
pensions
37
-
73
-
total
328
-
688
-
Employer
924
-
1 815
-
pensions
74
-
145
-
social contributions
10
-
20
-
total
84
-
165
-
Corporate
1 032
2 100
-
-
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%.

206
420
-
-
total
206
420
-
-
Dividends
825
1 680
-
-
withholding
182
370
-
-
total
182
370
-
-
Income
2 100
2 100
2 100
2 100
Total tax
800
790
853
864
After tax
1 300
1 310
1 247
1 236
Living cost
596
596
596
596
Free-cash
704
714
651
640

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
$412
$794
$412
$766
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
-
-
-
2 100
social contributions
-
-
-
349
income
-
-
-
636
total
-
-
-
985
Employee
965
-
2 100
-
social contributions
80
-
349
-
income
182
-
636
-
total
262
-
985
-
Employer
965
-
2 100
-
total
-
-
-
-
Corporate
1 135
2 100
-
-
income
142
263
-
-
total
142
263
-
-
Dividends
993
1 837
-
-
withholding
199
368
-
-
total
199
368
-
-
Income
2 100
2 100
2 100
2 100
Total tax
603
631
985
985
After tax
1 497
1 469
1 115
1 115
Living cost
703
703
703
703
Free-cash
794
766
412
412

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
$487
$535
$392
$599
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
-
-
-
2 100
national
-
-
-
515
regional
-
-
-
25
social contributions
-
-
-
540
municipal
-
-
-
12
total
-
-
-
1 092
Employee
1 096
-
2 100
-
municipal
6
-
11
-
national
190
-
446
-
social contributions
370
-
708
-
regional
10
-
22
-
total
576
-
1 187
-
Employer
1 096
-
2 100
-
total
-
-
-
-
Corporate
1 004
2 100
-
-
nationa
241
504
-
-
municipal
39
82
-
-
total
280
586
-
-
Dividends
724
1 514
-
-
withholding
188
394
-
-
total
188
394
-
-
Income
2 100
2 100
2 100
2 100
Total tax
1 044
980
1 187
1 092
After tax
1 056
1 120
913
1 008
Living cost
521
521
521
521
Free-cash
535
599
392
487

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
$669
$745
$575
$772
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
-
-
-
2 100
national
-
-
-
515
regional
-
-
-
32
social contributions
-
-
-
540
municipal
-
-
-
12
total
-
-
-
1 099
Employee
684
-
2 100
-
municipal
4
-
11
-
national
108
-
446
-
social contributions
231
-
708
-
regional
9
-
28
-
total
352
-
1 193
-
Employer
684
-
2 100
-
total
-
-
-
-
Corporate
1 416
2 100
-
-
nationa
340
504
-
-
municipal
70
104
-
-
total
410
608
-
-
Dividends
1 006
1 492
-
-
withholding
261
388
-
-
total
261
388
-
-
Income
2 100
2 100
2 100
2 100
Total tax
1 023
996
1 193
1 099
After tax
1 077
1 104
907
1 001
Living cost
332
332
332
332
Free-cash
745
772
575
669

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