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
$ 2200
per

Your estimated
City
free-cash

Andorra , Andorra
$1251
$1570
$1309
$1612
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
-
-
-
2 200
social contributions
-
-
-
484
income
-
-
-
97
total
-
-
-
581
Employee
394
-
1 905
-
social contributions
26
-
124
-
income
-
-
104
-
total
26
-
228
-
Employer
394
-
1 905
-
social contributions
61
-
295
-
total
61
-
295
-
Corporate
1 745
2 200
-
-
income
175
220
-
-
total
175
220
-
-
Dividends
1 571
1 980
-
-
total
-
-
-
-
Income
2 200
2 200
2 200
2 200
Total tax
262
220
523
581
After tax
1 938
1 980
1 677
1 619
Living cost
368
368
368
368
Free-cash
1 570
1 612
1 309
1 251

Estimated living cost  is $368 per week

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

Additional information

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

Graz , Austria
$741
$821
$194
$827
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
-
-
-
2 200
surtax
-
-
-
-
unemployment
-
-
-
75
health
-
-
-
109
chamber of commerce
-
-
-
9
pensions
-
-
-
265
income
-
-
-
610
total
-
-
-
1 068
Employee
535
488
1 764
-
unemployment
16
15
43
-
other
5
5
14
-
income
48
36
492
-
pensions
55
50
146
-
health
21
19
55
-
total
145
125
750
-
Employer
535
488
1 764
-
pensions
67
61
179
-
surtax
-
-
-
-
payroll
16
15
53
-
other
25
23
81
-
health
20
18
54
-
accident
7
6
19
-
unemployment
16
15
43
-
chamber of commerce
2
2
7
-
total
153
140
436
-
Corporate
1 511
1 572
1 718
-
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.

378
393
429
-
total
378
393
429
-
Dividends
1 133
1 179
-
-
withholding
312
324
-
-
total
312
324
-
-
Income
2 200
2 200
2 200
2 200
Total tax
988
982
1 615
1 068
After tax
1 212
1 218
585
1 132
Living cost
391
391
391
391
Free-cash
821
827
194
741

Estimated living cost  is $391 per week

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

Additional information

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

Vienna , Austria
$699
$768
$153
$786
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
-
-
-
2 200
surtax
-
-
-
2
unemployment
-
-
-
75
health
-
-
-
109
chamber of commerce
-
-
-
9
pensions
-
-
-
265
income
-
-
-
610
total
-
-
-
1 070
Employee
612
488
1 762
-
unemployment
18
15
43
-
other
6
5
14
-
income
70
36
491
-
pensions
63
50
146
-
health
24
19
55
-
total
181
125
749
-
Employer
612
488
1 762
-
pensions
77
61
179
-
surtax
2
2
2
-
payroll
18
15
53
-
other
29
23
81
-
health
23
18
54
-
accident
8
6
19
-
unemployment
18
15
43
-
chamber of commerce
2
2
7
-
total
177
142
438
-
Corporate
1 410
1 569
1 715
-
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.

352
392
429
-
total
352
392
429
-
Dividends
1 057
1 177
-
-
withholding
291
324
-
-
total
291
324
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 001
983
1 616
1 070
After tax
1 199
1 217
584
1 130
Living cost
431
431
431
431
Free-cash
768
786
153
699

Estimated living cost  is $431 per week

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

Additional information

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

Brussels , Belgium
$508
$600
$326
$784
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
-
-
-
2 200
national
-
-
-
827
communal

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

-
-
-
114
social contributions
-
-
-
305
total
-
-
-
1 246
Employee

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

876
-
1 704
-
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
-
15
-
national
269
-
620
-
communal

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

46
-
89
-
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
-
128
-
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
-
80
-
total
430
-
932
-
Employer

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

876
-
1 704
-
surtax
99
-
193
-
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
-
151
-
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
-
105
-
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
-
22
-
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
-
25
-
total
255
-
496
-
Corporate
1 070
2 200
-
-
income
214
440
-
-
surtax
4
9
-
-
total
218
449
-
-
Dividends
851
1 751
-
-
withholding

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

251
521
-
-
total
251
521
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 154
970
1 428
1 246
After tax
1 046
1 230
772
954
Living cost
446
446
446
446
Free-cash
600
784
326
508

Estimated living cost  is $446 per week

$287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$39
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sofia , Bulgaria
$1546
$1596
$1632
$1671
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
-
-
-
2 200
unemployment
-
-
-
2
health
-
-
-
49
pensions

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

-
-
-
63
income
-
-
-
330
total
-
-
-
444
Employee
278
-
2 116
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
income
28
-
212
-
pensions

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

24
-
37
-
health
13
-
20
-
total
68
-
274
-
Employer
278
-
2 116
-
pensions

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

31
-
47
-
health
19
-
29
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
unemployment
2
-
3
-
total
55
-
84
-
Corporate
1 867
2 200
-
-
income
187
220
-
-
total
187
220
-
-
Dividends
1 680
1 980
-
-
withholding
84
99
-
-
total
84
99
-
-
Income
2 200
2 200
2 200
2 200
Total tax
394
319
358
444
After tax
1 806
1 881
1 842
1 756
Living cost
210
210
210
210
Free-cash
1 596
1 671
1 632
1 546

Estimated living cost  is $210 per week

$139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$54
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
$1596
$1664
$1682
$1721
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
-
-
-
2 200
unemployment
-
-
-
2
health
-
-
-
49
pensions

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

-
-
-
63
income
-
-
-
330
total
-
-
-
444
Employee
212
-
2 116
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
income
21
-
212
-
pensions

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

19
-
37
-
health
10
-
20
-
total
52
-
274
-
Employer
212
-
2 116
-
pensions

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

23
-
47
-
health
15
-
29
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
unemployment
1
-
3
-
total
41
-
84
-
Corporate
1 946
2 200
-
-
income
195
220
-
-
total
195
220
-
-
Dividends
1 752
1 980
-
-
withholding
88
99
-
-
total
88
99
-
-
Income
2 200
2 200
2 200
2 200
Total tax
376
319
358
444
After tax
1 824
1 881
1 842
1 756
Living cost
160
160
160
160
Free-cash
1 664
1 721
1 682
1 596

Estimated living cost  is $160 per week

$94
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$11
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$51
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Larnaca , Cyprus
$1219
$1255
$1200
$1323
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
-
-
-
2 200
health
-
-
-
56
social contributions
-
-
-
198
income
-
-
-
444
total
-
-
-
698
Employee
941
941
2 057
-
income
102
87
434
-
social contributions
36
78
105
-
health
7
16
35
-
total
145
181
574
-
Employer
941
941
2 057
-
social contributions
36
78
105
-
health
8
17
38
-
total
44
95
143
-
Corporate
1 728
1 163
-
-
income
216
145
-
-
total
216
145
-
-
Dividends
1 512
1 018
-
-
withholding
257
173
-
-
total
257
173
-
-
Income
2 200
2 200
2 200
2 200
Total tax
662
594
717
698
After tax
1 538
1 606
1 483
1 502
Living cost
283
283
283
283
Free-cash
1 255
1 323
1 200
1 219

Estimated living cost  is $283 per week

$170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$28
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$79
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
$1105
$1157
$1086
$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
-
-
-
2 200
health
-
-
-
56
social contributions
-
-
-
198
income
-
-
-
444
total
-
-
-
698
Employee
941
941
2 057
-
income
99
87
434
-
social contributions
46
78
105
-
health
9
16
35
-
total
154
181
574
-
Employer
941
941
2 057
-
social contributions
46
78
105
-
health
10
17
38
-
total
56
95
143
-
Corporate
1 593
1 163
-
-
income
199
145
-
-
total
199
145
-
-
Dividends
1 394
1 018
-
-
withholding
237
173
-
-
total
237
173
-
-
Income
2 200
2 200
2 200
2 200
Total tax
646
594
717
698
After tax
1 554
1 606
1 483
1 502
Living cost
397
397
397
397
Free-cash
1 157
1 209
1 086
1 105

Estimated living cost  is $397 per week

$271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$31
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$88
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Brno , Czech Republic
$982
$1131
$889
$1232
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
-
-
-
2 200
health
-
-
-
297
social contributions
-
-
-
407
income
-
-
-
224
solidarity contribution
-
-
-
7
total
-
-
-
935
Employee
415
-
1 699
-
income
50
-
207
-
social contributions
27
-
91
-
health
56
-
229
-
solidarity contribution
-
-
-
-
total
133
-
527
-
Employer
415
-
1 699
-
social contributions
104
-
348
-
health
37
-
153
-
total
141
-
501
-
Corporate
1 643
2 200
-
-
income
312
418
-
-
total
312
418
-
-
Dividends
1 331
1 782
-
-
withholding
200
267
-
-
total
200
267
-
-
Income
2 200
2 200
2 200
2 200
Total tax
786
685
1 028
935
After tax
1 414
1 515
1 172
1 265
Living cost
283
283
283
283
Free-cash
1 131
1 232
889
982

Estimated living cost  is $283 per week

$196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$61
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
$917
$1043
$824
$1167
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
-
-
-
2 200
health
-
-
-
297
social contributions
-
-
-
407
income
-
-
-
224
solidarity contribution
-
-
-
7
total
-
-
-
935
Employee
512
-
1 699
-
income
61
-
207
-
social contributions
33
-
91
-
health
69
-
229
-
solidarity contribution
-
-
-
-
total
163
-
527
-
Employer
512
-
1 699
-
social contributions
128
-
348
-
health
46
-
153
-
total
174
-
501
-
Corporate
1 514
2 200
-
-
income
288
418
-
-
total
288
418
-
-
Dividends
1 226
1 782
-
-
withholding
184
267
-
-
total
184
267
-
-
Income
2 200
2 200
2 200
2 200
Total tax
809
685
1 028
935
After tax
1 391
1 515
1 172
1 265
Living cost
348
348
348
348
Free-cash
1 043
1 167
824
917

Estimated living cost  is $348 per week

$259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$19
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Copenhagen , Denmark
$705
-$474
-$474
-$474
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
-
-
-
2 200
national
-
-
-
259
pensions
-
-
-
11
municipal
-
-
-
459
labour market
-
-
-
175
total
-
-
-
904
Employee
2 496
2 496
2 496
-
municipal
531
531
531
-
national
305
305
305
-
pensions
4
4
4
-
labour market
199
199
199
-
total
1 039
1 039
1 039
-
Employer
2 496
2 496
2 496
-
pensions
7
7
7
-
labour market
200
200
200
-
municipal
532
532
532
-
national
305
305
305
-
total
1 044
1 044
1 044
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 200
2 200
2 200
2 200
Total tax
2 083
2 083
2 083
904
After tax
117
117
117
1 296
Living cost
591
591
591
591
Free-cash
-474
-474
-474
705

Estimated living cost  is $591 per week

$405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$52
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$9
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
$883
$1388
$972
$1464
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
-
-
-
2 200
health
-
-
-
286
pensions
-
-
-
440
income
-
-
-
295
total
-
-
-
1 021
Employee
347
-
1 644
-
unemployment
6
-
26
-
income
39
-
317
-
pensions
7
-
33
-
total
52
-
376
-
Employer
347
-
1 644
-
pensions
69
-
329
-
health
45
-
214
-
unemployment
3
-
13
-
total
117
-
556
-
Corporate
1 735
2 200
-
-
income
347
440
-
-
total
347
440
-
-
Dividends
1 388
1 760
-
-
total
-
-
-
-
Income
2 200
2 200
2 200
2 200
Total tax
516
440
932
1 021
After tax
1 684
1 760
1 268
1 179
Living cost
296
296
296
296
Free-cash
1 388
1 464
972
883

Estimated living cost  is $296 per week

$203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$69
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Helsinki , Finland
$942
$937
$682
$905
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

-
-
-
2 200
national
-
-
-
368
health
-
-
-
29
municipal
-
-
-
391
total
-
-
-
788
Employee
644
-
1 851
-
unemployment
10
-
28
-
municipal
105
-
301
-
national
11
-
222
-
pensions
43
-
125
-
health
5
-
23
-
total
174
-
699
-
Employer
644
-
1 851
-
pensions
112
-
321
-
health
5
-
14
-
accident
1
-
2
-
unemployment
4
-
12
-
total
122
-
349
-
Corporate
1 434
2 200
-
-
income
287
440
-
-
total
287
440
-
-
Dividends

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

861
1 320
-
-
municipal
155
238
-
-
national
55
147
-
-
total
210
385
-
-
Income
2 200
2 200
2 200
2 200
Total tax
793
825
1 048
788
After tax
1 407
1 375
1 152
1 412
Living cost
470
470
470
470
Free-cash
937
905
682
942

Estimated living cost  is $470 per week

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

Additional information

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

Marseille , France
$862
$801
$826
$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
-
-
-
2 200
surtax
-
-
-
-
health
-
-
-
94
pensions
-
-
-
388
social contributions
-
-
-
63
income
-
-
-
348
other
-
-
-
68
total
-
-
-
961
Employee
468
-
1 702
-
income
24
-
331
-
surtax
-
-
-
-
social contributions
13
-
49
-
pensions
53
-
119
-
total
90
-
499
-
Employer
468
-
1 702
-
pensions
77
-
200
-
social contributions
1
-
5
-
other
16
-
66
-
health
33
-
158
-
unemployment
19
-
69
-
total
146
-
498
-
Corporate
1 586
2 200
-
-
income
444
616
-
-
surtax
-
-
-
-
total
444
616
-
-
Dividends
1 142
1 584
-
-
withholding
146
203
-
-
social contributions
196
272
-
-
surtax
-
-
-
-
total
342
475
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 022
1 091
997
961
After tax
1 178
1 109
1 203
1 239
Living cost
377
377
377
377
Free-cash
801
732
826
862

Estimated living cost  is $377 per week

$219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$38
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
$820
$762
$784
$690
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
-
-
-
2 200
surtax
-
-
-
-
health
-
-
-
94
pensions
-
-
-
388
social contributions
-
-
-
63
income
-
-
-
348
other
-
-
-
68
total
-
-
-
961
Employee
524
-
1 702
-
income
31
-
331
-
surtax
-
-
-
-
social contributions
15
-
49
-
pensions
59
-
119
-
total
105
-
499
-
Employer
524
-
1 702
-
pensions
86
-
200
-
social contributions
2
-
5
-
other
18
-
66
-
health
37
-
158
-
unemployment
21
-
69
-
total
164
-
498
-
Corporate
1 512
2 200
-
-
income
424
616
-
-
surtax
-
-
-
-
total
424
616
-
-
Dividends
1 089
1 584
-
-
withholding
139
203
-
-
social contributions
187
272
-
-
surtax
-
-
-
-
total
326
475
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 019
1 091
997
961
After tax
1 181
1 109
1 203
1 239
Living cost
419
419
419
419
Free-cash
762
690
784
820

Estimated living cost  is $419 per week

$264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Paris , France
$648
$602
$612
$518
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 200
surtax
-
-
-
-
health
-
-
-
94
pensions
-
-
-
388
social contributions
-
-
-
63
income
-
-
-
348
other
-
-
-
68
total
-
-
-
961
Employee
767
-
1 702
-
income
67
-
331
-
surtax
-
-
-
-
social contributions
22
-
49
-
pensions
87
-
119
-
total
176
-
499
-
Employer
767
-
1 702
-
pensions
126
-
200
-
social contributions
2
-
5
-
other
26
-
66
-
health
54
-
158
-
unemployment
31
-
69
-
total
239
-
498
-
Corporate
1 194
2 200
-
-
income
334
616
-
-
surtax
-
-
-
-
total
334
616
-
-
Dividends
860
1 584
-
-
withholding
110
203
-
-
social contributions
148
272
-
-
surtax
-
-
-
-
total
258
475
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 007
1 091
997
961
After tax
1 193
1 109
1 203
1 239
Living cost
591
591
591
591
Free-cash
602
518
612
648

Estimated living cost  is $591 per week

$400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$48
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
$2099
$1996
$1681
$2011
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%.

-
-
-
2 200
microenterprise

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

-
-
-
22
total
-
-
-
22
Employee
99
-
2 200
-
income
20
-
440
-
total
20
-
440
-
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%.

2 101
2 200
-
-
total
-
-
-
-
Dividends
2 101
2 200
-
-
withholding
105
110
-
-
total
105
110
-
-
Income
2 200
2 200
2 200
2 200
Total tax
125
110
440
22
After tax
2 075
2 090
1 760
2 178
Living cost
79
79
79
79
Free-cash
1 996
2 011
1 681
2 099

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
$2055
$1944
$1637
$1967
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%.

-
-
-
2 200
microenterprise

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

-
-
-
22
total
-
-
-
22
Employee
154
-
2 200
-
income
31
-
440
-
total
31
-
440
-
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%.

2 046
2 200
-
-
total
-
-
-
-
Dividends
2 046
2 200
-
-
withholding
102
110
-
-
total
102
110
-
-
Income
2 200
2 200
2 200
2 200
Total tax
133
110
440
22
After tax
2 067
2 090
1 760
2 178
Living cost
123
123
123
123
Free-cash
1 944
1 967
1 637
2 055

Estimated living cost  is $123 per week

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

Additional information

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

Berlin , Germany
$686
$819
$920
$659
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.

-
-
-
2 200
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.

-
-
-
38
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.

-
-
-
685
trade
-
-
-
234
total
-
-
-
1 041
Employee

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

609
-
2 200
-
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
-
685
-
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
-
38
-
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
-
807
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 591
2 200
-
-
trade
228
316
-
-
income
239
330
-
-
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
18
-
-
total
484
669
-
-
Dividends
1 107
1 531
-
-
withholding
272
378
-
-
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
21
-
-
total
287
399
-
-
Income
2 200
2 200
2 200
2 200
Total tax
908
1 068
807
1 041
After tax
1 292
1 132
1 393
1 159
Living cost
473
473
473
473
Free-cash
819
659
920
686

Estimated living cost  is $473 per week

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

Additional information

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

Dresden , Germany
$765
$873
$1022
$740
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.

-
-
-
2 200
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.

-
-
-
38
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.

-
-
-
685
trade
-
-
-
257
total
-
-
-
1 064
Employee

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

468
-
2 200
-
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
-
685
-
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
-
38
-
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
-
807
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 732
2 200
-
-
trade
273
346
-
-
income
260
330
-
-
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.

14
18
-
-
total
551
699
-
-
Dividends
1 181
1 500
-
-
withholding
291
370
-
-
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.

16
20
-
-
total
307
390
-
-
Income
2 200
2 200
2 200
2 200
Total tax
956
1 089
807
1 064
After tax
1 244
1 111
1 393
1 136
Living cost
371
371
371
371
Free-cash
873
740
1 022
765

Estimated living cost  is $371 per week

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

Additional information

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

Hamburg , Germany
$644
$789
$912
$617
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.

-
-
-
2 200
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.

-
-
-
38
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.

-
-
-
685
trade
-
-
-
268
total
-
-
-
1 075
Employee

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

621
-
2 200
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

53
-
685
-
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
-
38
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

84
-
84
-
total
140
-
807
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 579
2 200
-
-
trade
260
362
-
-
income
237
330
-
-
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
18
-
-
total
514
715
-
-
Dividends
1 065
1 485
-
-
withholding
262
367
-
-
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
276
387
-
-
Income
2 200
2 200
2 200
2 200
Total tax
930
1 102
807
1 075
After tax
1 270
1 098
1 393
1 125
Living cost
481
481
481
481
Free-cash
789
617
912
644

Estimated living cost  is $481 per week

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

Additional information

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

Munich , Germany
$552
$723
$832
$526
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.

-
-
-
2 200
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.

-
-
-
38
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.

-
-
-
685
trade
-
-
-
280
total
-
-
-
1 087
Employee

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

736
-
2 200
-
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
-
685
-
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
-
38
-
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
-
807
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 464
2 200
-
-
trade
251
377
-
-
income
220
330
-
-
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
18
-
-
total
487
730
-
-
Dividends
978
1 470
-
-
withholding
240
363
-
-
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
20
-
-
total
253
383
-
-
Income
2 200
2 200
2 200
2 200
Total tax
916
1 113
807
1 087
After tax
1 284
1 087
1 393
1 113
Living cost
561
561
561
561
Free-cash
723
526
832
552

Estimated living cost  is $561 per week

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

Additional information

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

Athens , Greece
$765
$1069
$690
$1109
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
-
-
-
2 200
surtax
-
-
-
96
unemployment
-
-
-
3
health
-
-
-
116
pensions
-
-
-
327
income
-
-
-
618
other
-
-
-
-
total
-
-
-
1 160
Employee
412
-
1 856
-
unemployment
29
-
114
-
other
-
-
-
-
income
69
-
544
-
surtax
1
-
82
-
pensions
28
-
109
-
health
11
-
42
-
total
138
-
891
-
Employer
412
-
1 856
-
pensions
55
-
218
-
other
-
-
-
-
health
19
-
74
-
unemployment
13
-
52
-
total
87
-
344
-
Corporate
1 701
2 200
-
-
income
442
572
-
-
total
442
572
-
-
Dividends
1 259
1 628
-
-
withholding
189
244
-
-
total
189
244
-
-
Income
2 200
2 200
2 200
2 200
Total tax
856
816
1 235
1 160
After tax
1 344
1 384
965
1 040
Living cost
275
275
275
275
Free-cash
1 069
1 109
690
765

Estimated living cost  is $275 per week

$166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$24
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$79
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Thessaloniki , Greece
$770
$1076
$695
$1114
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
-
-
-
2 200
surtax
-
-
-
96
unemployment
-
-
-
3
health
-
-
-
116
pensions
-
-
-
327
income
-
-
-
618
other
-
-
-
-
total
-
-
-
1 160
Employee
405
-
1 856
-
unemployment
28
-
114
-
other
-
-
-
-
income
68
-
544
-
surtax
1
-
82
-
pensions
27
-
109
-
health
10
-
42
-
total
134
-
891
-
Employer
405
-
1 856
-
pensions
54
-
218
-
other
-
-
-
-
health
18
-
74
-
unemployment
13
-
52
-
total
85
-
344
-
Corporate
1 710
2 200
-
-
income
445
572
-
-
total
445
572
-
-
Dividends
1 265
1 628
-
-
withholding
190
244
-
-
total
190
244
-
-
Income
2 200
2 200
2 200
2 200
Total tax
854
816
1 235
1 160
After tax
1 346
1 384
965
1 040
Living cost
270
270
270
270
Free-cash
1 076
1 114
695
770

Estimated living cost  is $270 per week

$165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$74
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Budapest , Hungary
$1281
$999
$1032
$993
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
-
-
-
2 200
unemployment
-
-
-
33
health
-
-
-
154
pensions
-
-
-
220
income
-
-
-
269
total
-
-
-
676
Employee

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

The minimum wage is 138,000 HUF per month.

351
140
1 841
-
unemployment
5
2
28
-
income
43
17
225
-
pensions
35
14
184
-
health
25
10
129
-
total
108
43
566
-
Employer

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

The minimum wage is 138,000 HUF per month.

351
140
1 841
-
pensions
68
27
359
-
total
68
27
359
-
Corporate
1 781
2 033
-
-
income
160
183
-
-
total
160
183
-
-
Dividends
1 621
1 850
-
-
withholding
308
352
-
-
social contributions
314
359
-
-
total
622
711
-
-
Income
2 200
2 200
2 200
2 200
Total tax
958
964
925
676
After tax
1 242
1 236
1 275
1 524
Living cost
243
243
243
243
Free-cash
999
993
1 032
1 281

Estimated living cost  is $243 per week

$166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$52
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
$691
$771
$703
$780
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
-
-
-
2 200
national
-
-
-
386
pensions
-
-
-
264
social contributions
-
-
-
24
municipal
-
-
-
242
total
-
-
-
916
Employee
919
-
1 902
-
municipal
113
-
251
-
national
176
-
405
-
pensions
37
-
76
-
total
326
-
732
-
Employer
919
-
1 902
-
pensions
73
-
152
-
social contributions
10
-
20
-
total
83
-
172
-
Corporate
1 137
2 200
-
-
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%.

227
440
-
-
total
227
440
-
-
Dividends
910
1 760
-
-
withholding
200
387
-
-
total
200
387
-
-
Income
2 200
2 200
2 200
2 200
Total tax
836
827
904
916
After tax
1 364
1 373
1 296
1 284
Living cost
593
593
593
593
Free-cash
771
780
703
691

Estimated living cost  is $593 per week

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

Additional information

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

Dublin , Ireland
$457
$870
$457
$843
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
-
-
-
2 200
social contributions
-
-
-
368
income
-
-
-
678
total
-
-
-
1 046
Employee
958
-
2 200
-
social contributions
80
-
368
-
income
181
-
678
-
total
261
-
1 046
-
Employer
958
-
2 200
-
total
-
-
-
-
Corporate
1 242
2 200
-
-
income
155
275
-
-
total
155
275
-
-
Dividends
1 087
1 925
-
-
withholding
217
385
-
-
total
217
385
-
-
Income
2 200
2 200
2 200
2 200
Total tax
633
660
1 046
1 046
After tax
1 567
1 540
1 154
1 154
Living cost
697
697
697
697
Free-cash
870
843
457
457

Estimated living cost  is $697 per week

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

Additional information

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

Milan , Italy
$532
$593
$432
$657
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
-
-
-
2 200
national
-
-
-
546
regional
-
-
-
26
social contributions
-
-
-
566
municipal
-
-
-
13
total
-
-
-
1 151
Employee
1 088
-
2 200
-
municipal
6
-
12
-
national
189
-
474
-
social contributions
367
-
742
-
regional
10
-
23
-
total
572
-
1 251
-
Employer
1 088
-
2 200
-
total
-
-
-
-
Corporate
1 112
2 200
-
-
nationa
267
528
-
-
municipal
43
86
-
-
total
310
614
-
-
Dividends
802
1 586
-
-
withholding
208
412
-
-
total
208
412
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 090
1 026
1 251
1 151
After tax
1 110
1 174
949
1 049
Living cost
517
517
517
517
Free-cash
593
657
432
532

Estimated living cost  is $517 per week

$360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Naples , Italy
$712
$798
$612
$827
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
-
-
-
2 200
national
-
-
-
546
regional
-
-
-
33
social contributions
-
-
-
566
municipal
-
-
-
13
total
-
-
-
1 158
Employee
679
-
2 200
-
municipal
4
-
12
-
national
108
-
474
-
social contributions
229
-
742
-
regional
9
-
30
-
total
350
-
1 258
-
Employer
679
-
2 200
-
total
-
-
-
-
Corporate
1 521
2 200
-
-
nationa
365
528
-
-
municipal
76
109
-
-
total
441
637
-
-
Dividends
1 080
1 563
-
-
withholding
281
406
-
-
total
281
406
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 072
1 043
1 258
1 158
After tax
1 128
1 157
942
1 042
Living cost
330
330
330
330
Free-cash
798
827
612
712

Estimated living cost  is $330 per week

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