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
$1625
$1320
$1261
$1585
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
-
-
-
100
total
-
-
-
584
Employee
379
-
1 905
-
social contributions
25
-
124
-
income
-
-
106
-
total
25
-
230
-
Employer
379
-
1 905
-
social contributions
59
-
295
-
total
59
-
295
-
Corporate
1 762
2 200
-
-
income
176
220
-
-
total
176
220
-
-
Dividends
1 586
1 980
-
-
total
-
-
-
-
Income
2 200
2 200
2 200
2 200
Total tax
260
220
525
584
After tax
1 940
1 980
1 675
1 616
Living cost
355
355
355
355
Free-cash
1 585
1 625
1 320
1 261

Estimated living cost  is $355 per week

$229
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$27
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.
$92
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
$840
$207
$756
$834
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
chamber of commerce
-
-
-
9
unemployment
-
-
-
72
health
-
-
-
105
pensions
-
-
-
255
income
-
-
-
626
surtax
-
-
-
-
total
-
-
-
1 067
Employee
516
470
1 774
-
health
20
18
53
-
pensions
53
48
141
-
other
5
5
14
-
unemployment
15
14
41
-
income
46
35
510
-
total
139
120
759
-
Employer
516
470
1 774
-
pensions
65
59
173
-
accident
7
6
18
-
unemployment
15
14
41
-
surtax
-
-
-
-
payroll
15
14
53
-
chamber of commerce
2
2
7
-
health
20
18
52
-
other
25
22
81
-
total
149
135
425
-
Corporate
1 536
1 594
1 730
-
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.

384
399
432
-
total
384
399
432
-
Dividends
1 152
1 196
-
-
withholding
317
329
-
-
total
317
329
-
-
Income
2 200
2 200
2 200
2 200
Total tax
989
983
1 616
1 067
After tax
1 211
1 217
584
1 133
Living cost
377
377
377
377
Free-cash
834
840
207
756

Estimated living cost  is $377 per week

$226
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.
$105
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
$801
$167
$715
$781
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
chamber of commerce
-
-
-
9
unemployment
-
-
-
72
health
-
-
-
105
pensions
-
-
-
255
income
-
-
-
626
surtax
-
-
-
2
total
-
-
-
1 069
Employee
590
470
1 772
-
health
23
18
53
-
pensions
60
48
141
-
other
6
5
14
-
unemployment
18
14
41
-
income
67
35
509
-
total
174
120
758
-
Employer
590
470
1 772
-
pensions
74
59
173
-
accident
8
6
18
-
unemployment
18
14
41
-
surtax
2
2
2
-
payroll
18
14
53
-
chamber of commerce
2
2
7
-
health
22
18
52
-
other
28
22
81
-
total
172
137
427
-
Corporate
1 438
1 592
1 727
-
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.

360
398
432
-
total
360
398
432
-
Dividends
1 079
1 194
-
-
withholding
297
328
-
-
total
297
328
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 003
983
1 617
1 069
After tax
1 197
1 217
583
1 131
Living cost
416
416
416
416
Free-cash
781
801
167
715

Estimated living cost  is $416 per week

$277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$35
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

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
$800
$337
$525
$623
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
-
-
-
294
communal

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

-
-
-
114
national
-
-
-
837
total
-
-
-
1 245
Employee

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

844
-
1 704
-
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.

40
-
80
-
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.

63
-
128
-
communal

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

44
-
89
-
national
260
-
625
-
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.

7
-
15
-
total
414
-
937
-
Employer

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

844
-
1 704
-
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.

12
-
25
-
surtax
96
-
193
-
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.

52
-
105
-
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.

75
-
151
-
total
246
-
496
-
Corporate
1 110
2 200
-
-
surtax
4
9
-
-
income
222
440
-
-
total
226
449
-
-
Dividends
884
1 751
-
-
withholding

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

261
521
-
-
total
261
521
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 147
970
1 433
1 245
After tax
1 053
1 230
767
955
Living cost
430
430
430
430
Free-cash
623
800
337
525

Estimated living cost  is $430 per week

$277
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.
$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
Sofia , Bulgaria
$1678
$1645
$1557
$1604
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
-
-
-
47
pensions

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

-
-
-
61
income
-
-
-
330
total
-
-
-
440
Employee
269
-
2 119
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
health
12
-
19
-
pensions

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

24
-
36
-
income
27
-
212
-
total
66
-
272
-
Employer
269
-
2 119
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
unemployment
2
-
2
-
health
19
-
28
-
pensions

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

30
-
45
-
total
54
-
80
-
Corporate
1 879
2 200
-
-
income
188
220
-
-
total
188
220
-
-
Dividends
1 691
1 980
-
-
withholding
85
99
-
-
total
85
99
-
-
Income
2 200
2 200
2 200
2 200
Total tax
393
319
352
440
After tax
1 807
1 881
1 848
1 760
Living cost
203
203
203
203
Free-cash
1 604
1 678
1 645
1 557

Estimated living cost  is $203 per week

$134
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.
$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
Varna , Bulgaria
$1726
$1693
$1605
$1673
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
-
-
-
47
pensions

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

-
-
-
61
income
-
-
-
330
total
-
-
-
440
Employee
205
-
2 119
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
health
9
-
19
-
pensions

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

18
-
36
-
income
20
-
212
-
total
49
-
272
-
Employer
205
-
2 119
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
unemployment
1
-
2
-
health
14
-
28
-
pensions

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

23
-
45
-
total
40
-
80
-
Corporate
1 955
2 200
-
-
income
195
220
-
-
total
195
220
-
-
Dividends
1 760
1 980
-
-
withholding
88
99
-
-
total
88
99
-
-
Income
2 200
2 200
2 200
2 200
Total tax
372
319
352
440
After tax
1 828
1 881
1 848
1 760
Living cost
155
155
155
155
Free-cash
1 673
1 726
1 693
1 605

Estimated living cost  is $155 per week

$90
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.
$49
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
$1332
$1205
$1225
$1268
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
-
-
-
191
health
-
-
-
56
income
-
-
-
455
total
-
-
-
702
Employee
908
908
2 060
-
health
7
15
35
-
social contributions
34
75
102
-
income
99
84
445
-
total
140
174
582
-
Employer
908
908
2 060
-
social contributions
34
75
102
-
health
8
17
38
-
total
42
92
140
-
Corporate
1 745
1 200
-
-
income
218
150
-
-
total
218
150
-
-
Dividends
1 527
1 050
-
-
withholding
259
179
-
-
total
259
179
-
-
Income
2 200
2 200
2 200
2 200
Total tax
659
595
722
702
After tax
1 541
1 605
1 478
1 498
Living cost
273
273
273
273
Free-cash
1 268
1 332
1 205
1 225

Estimated living cost  is $273 per week

$164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$27
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.
$77
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
$1222
$1095
$1115
$1173
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
-
-
-
191
health
-
-
-
56
income
-
-
-
455
total
-
-
-
702
Employee
908
908
2 060
-
health
9
15
35
-
social contributions
44
75
102
-
income
95
84
445
-
total
148
174
582
-
Employer
908
908
2 060
-
social contributions
44
75
102
-
health
10
17
38
-
total
54
92
140
-
Corporate
1 615
1 200
-
-
income
202
150
-
-
total
202
150
-
-
Dividends
1 413
1 050
-
-
withholding
240
179
-
-
total
240
179
-
-
Income
2 200
2 200
2 200
2 200
Total tax
644
595
722
702
After tax
1 556
1 605
1 478
1 498
Living cost
383
383
383
383
Free-cash
1 173
1 222
1 095
1 115

Estimated living cost  is $383 per week

$262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$30
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.
$85
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
$1237
$899
$990
$1137
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
-
-
-
400
health
-
-
-
297
solidarity contribution
-
-
-
9
income
-
-
-
226
total
-
-
-
932
Employee
408
-
1 704
-
health
55
-
230
-
social contributions
27
-
89
-
solidarity contribution
-
-
1
-
income
49
-
208
-
total
131
-
528
-
Employer
408
-
1 704
-
social contributions
102
-
342
-
health
37
-
153
-
total
139
-
495
-
Corporate
1 653
2 200
-
-
income
314
418
-
-
total
314
418
-
-
Dividends
1 339
1 782
-
-
withholding
201
267
-
-
total
201
267
-
-
Income
2 200
2 200
2 200
2 200
Total tax
785
685
1 023
932
After tax
1 415
1 515
1 177
1 268
Living cost
278
278
278
278
Free-cash
1 137
1 237
899
990

Estimated living cost  is $278 per week

$193
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.
$60
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
$1173
$835
$926
$1051
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
-
-
-
400
health
-
-
-
297
solidarity contribution
-
-
-
9
income
-
-
-
226
total
-
-
-
932
Employee
503
-
1 704
-
health
68
-
230
-
social contributions
33
-
89
-
solidarity contribution
-
-
1
-
income
60
-
208
-
total
161
-
528
-
Employer
503
-
1 704
-
social contributions
126
-
342
-
health
45
-
153
-
total
171
-
495
-
Corporate
1 526
2 200
-
-
income
290
418
-
-
total
290
418
-
-
Dividends
1 236
1 782
-
-
withholding
185
267
-
-
total
185
267
-
-
Income
2 200
2 200
2 200
2 200
Total tax
807
685
1 023
932
After tax
1 393
1 515
1 177
1 268
Living cost
342
342
342
342
Free-cash
1 051
1 173
835
926

Estimated living cost  is $342 per week

$255
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.
$63
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
-$377
-$377
$721
-$377
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
labour market
-
-
-
175
municipal
-
-
-
462
pensions
-
-
-
10
national
-
-
-
262
total
-
-
-
909
Employee
2 406
2 406
2 406
-
municipal
512
512
512
-
pensions
3
3
3
-
national
294
294
294
-
labour market
192
192
192
-
total
1 001
1 001
1 001
-
Employer
2 406
2 406
2 406
-
labour market
192
192
192
-
national
294
294
294
-
municipal
513
513
513
-
pensions
7
7
7
-
total
1 006
1 006
1 006
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 200
2 200
2 200
2 200
Total tax
2 007
2 007
2 007
909
After tax
193
193
193
1 291
Living cost
570
570
570
570
Free-cash
-377
-377
-377
721

Estimated living cost  is $570 per week

$390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$50
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.
$121
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
$1475
$983
$894
$1401
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
335
-
1 644
-
pensions
7
-
33
-
unemployment
5
-
26
-
income
38
-
317
-
total
50
-
376
-
Employer
335
-
1 644
-
pensions
67
-
329
-
unemployment
3
-
13
-
health
44
-
214
-
total
114
-
556
-
Corporate
1 752
2 200
-
-
income
350
440
-
-
total
350
440
-
-
Dividends
1 402
1 760
-
-
total
-
-
-
-
Income
2 200
2 200
2 200
2 200
Total tax
514
440
932
1 021
After tax
1 686
1 760
1 268
1 179
Living cost
285
285
285
285
Free-cash
1 401
1 475
983
894

Estimated living cost  is $285 per week

$196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$17
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.
$67
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
$918
$693
$948
$950
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
health
-
-
-
29
municipal
-
-
-
391
national
-
-
-
379
total
-
-
-
799
Employee
621
-
1 851
-
health
5
-
24
-
municipal
102
-
301
-
pensions
42
-
125
-
national
10
-
227
-
unemployment
9
-
28
-
total
168
-
705
-
Employer
621
-
1 851
-
accident
1
-
2
-
unemployment
4
-
12
-
health
5
-
14
-
pensions
108
-
321
-
total
118
-
349
-
Corporate
1 462
2 200
-
-
income
292
440
-
-
total
292
440
-
-
Dividends

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

877
1 320
-
-
municipal
158
238
-
-
national
61
151
-
-
total
219
389
-
-
Income
2 200
2 200
2 200
2 200
Total tax
797
829
1 054
799
After tax
1 403
1 371
1 146
1 401
Living cost
453
453
453
453
Free-cash
950
918
693
948

Estimated living cost  is $453 per week

$296
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.
$106
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
$745
$832
$873
$811
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
-
-
-
63
health
-
-
-
97
pensions
-
-
-
381
other
-
-
-
68
income
-
-
-
354
surtax
-
-
-
-
total
-
-
-
963
Employee
451
-
1 698
-
income
23
-
334
-
social contributions
13
-
48
-
pensions
51
-
120
-
surtax
-
-
-
-
total
87
-
502
-
Employer
451
-
1 698
-
pensions
74
-
202
-
social contributions
1
-
5
-
unemployment
18
-
69
-
health
32
-
159
-
other
16
-
67
-
total
141
-
502
-
Corporate
1 608
2 200
-
-
surtax
-
-
-
-
income
450
616
-
-
total
450
616
-
-
Dividends
1 158
1 584
-
-
surtax
-
-
-
-
withholding
148
203
-
-
social contributions
199
272
-
-
total
347
475
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 025
1 091
1 004
963
After tax
1 175
1 109
1 196
1 237
Living cost
364
364
364
364
Free-cash
811
745
832
873

Estimated living cost  is $364 per week

$211
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.
$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
Nice , France
$705
$792
$833
$776
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
-
-
-
63
health
-
-
-
97
pensions
-
-
-
381
other
-
-
-
68
income
-
-
-
354
surtax
-
-
-
-
total
-
-
-
963
Employee
505
-
1 698
-
income
30
-
334
-
social contributions
14
-
48
-
pensions
57
-
120
-
surtax
-
-
-
-
total
101
-
502
-
Employer
505
-
1 698
-
pensions
83
-
202
-
social contributions
2
-
5
-
unemployment
20
-
69
-
health
35
-
159
-
other
17
-
67
-
total
157
-
502
-
Corporate
1 537
2 200
-
-
surtax
-
-
-
-
income
430
616
-
-
total
430
616
-
-
Dividends
1 107
1 584
-
-
surtax
-
-
-
-
withholding
142
203
-
-
social contributions
190
272
-
-
total
332
475
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 020
1 091
1 004
963
After tax
1 180
1 109
1 196
1 237
Living cost
404
404
404
404
Free-cash
776
705
792
833

Estimated living cost  is $404 per week

$255
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.
$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
Paris , France
$539
$626
$667
$621
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
-
-
-
63
health
-
-
-
97
pensions
-
-
-
381
other
-
-
-
68
income
-
-
-
354
surtax
-
-
-
-
total
-
-
-
963
Employee
739
-
1 698
-
income
64
-
334
-
social contributions
21
-
48
-
pensions
84
-
120
-
surtax
-
-
-
-
total
169
-
502
-
Employer
739
-
1 698
-
pensions
121
-
202
-
social contributions
2
-
5
-
unemployment
30
-
69
-
health
52
-
159
-
other
26
-
67
-
total
231
-
502
-
Corporate
1 230
2 200
-
-
surtax
-
-
-
-
income
344
616
-
-
total
344
616
-
-
Dividends
886
1 584
-
-
surtax
-
-
-
-
withholding
113
203
-
-
social contributions
152
272
-
-
total
265
475
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 009
1 091
1 004
963
After tax
1 191
1 109
1 196
1 237
Living cost
570
570
570
570
Free-cash
621
539
626
667

Estimated living cost  is $570 per week

$386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$47
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.
$130
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
$2007
$1677
$2095
$1991
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
104
-
2 200
-
income
21
-
440
-
total
21
-
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%.

2 096
2 200
-
-
total
-
-
-
-
Dividends
2 096
2 200
-
-
withholding
105
110
-
-
total
105
110
-
-
Income
2 200
2 200
2 200
2 200
Total tax
126
110
440
22
After tax
2 074
2 090
1 760
2 178
Living cost
83
83
83
83
Free-cash
1 991
2 007
1 677
2 095

Estimated living cost  is $83 per week

$52
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.
$22
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
$1960
$1630
$2048
$1936
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
162
-
2 200
-
income
32
-
440
-
total
32
-
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%.

2 038
2 200
-
-
total
-
-
-
-
Dividends
2 038
2 200
-
-
withholding
102
110
-
-
total
102
110
-
-
Income
2 200
2 200
2 200
2 200
Total tax
134
110
440
22
After tax
2 066
2 090
1 760
2 178
Living cost
130
130
130
130
Free-cash
1 936
1 960
1 630
2 048

Estimated living cost  is $130 per week

$88
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.
$32
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
$676
$932
$695
$831
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
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.

-
-
-
81
trade
-
-
-
237
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.

-
-
-
693
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
total
-
-
-
1 049
Employee

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

587
-
2 200
-
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.

81
-
81
-
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
-
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.

48
-
693
-
total
132
-
812
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 613
2 200
-
-
trade
231
316
-
-
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
-
-
chamber of commerce
4
5
-
-
income
242
330
-
-
total
490
669
-
-
Dividends
1 122
1 531
-
-
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
-
-
withholding
276
378
-
-
total
291
399
-
-
Income
2 200
2 200
2 200
2 200
Total tax
913
1 068
812
1 049
After tax
1 287
1 132
1 388
1 151
Living cost
456
456
456
456
Free-cash
831
676
932
695

Estimated living cost  is $456 per week

$314
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.
$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.
$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

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
$753
$1030
$770
$883
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
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.

-
-
-
81
trade
-
-
-
260
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.

-
-
-
693
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
total
-
-
-
1 072
Employee

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

451
-
2 200
-
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.

81
-
81
-
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
-
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
-
693
-
total
95
-
812
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 749
2 200
-
-
trade
275
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.

14
18
-
-
chamber of commerce
4
5
-
-
income
262
330
-
-
total
555
699
-
-
Dividends
1 192
1 500
-
-
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
-
-
withholding
294
371
-
-
total
310
391
-
-
Income
2 200
2 200
2 200
2 200
Total tax
960
1 090
812
1 072
After tax
1 240
1 110
1 388
1 128
Living cost
358
358
358
358
Free-cash
883
753
1 030
770

Estimated living cost  is $358 per week

$225
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$42
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.
$84
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
$634
$924
$652
$800
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
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.

-
-
-
81
trade
-
-
-
272
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.

-
-
-
693
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
total
-
-
-
1 084
Employee

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

599
-
2 200
-
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.

81
-
81
-
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
-
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.

51
-
693
-
total
135
-
812
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 601
2 200
-
-
trade
263
362
-
-
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
-
-
chamber of commerce
4
5
-
-
income
240
330
-
-
total
520
715
-
-
Dividends
1 081
1 485
-
-
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
20
-
-
withholding
266
367
-
-
total
281
387
-
-
Income
2 200
2 200
2 200
2 200
Total tax
936
1 102
812
1 084
After tax
1 264
1 098
1 388
1 116
Living cost
464
464
464
464
Free-cash
800
634
924
652

Estimated living cost  is $464 per week

$310
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.
$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.
$98
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
$546
$847
$564
$737
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
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.

-
-
-
81
trade
-
-
-
283
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.

-
-
-
693
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
total
-
-
-
1 095
Employee

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

709
-
2 200
-
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.

81
-
81
-
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
-
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.

83
-
693
-
total
169
-
812
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 491
2 200
-
-
trade
256
377
-
-
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
-
-
chamber of commerce
4
5
-
-
income
224
330
-
-
total
496
730
-
-
Dividends
995
1 470
-
-
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
-
-
withholding
244
363
-
-
total
257
383
-
-
Income
2 200
2 200
2 200
2 200
Total tax
922
1 113
812
1 095
After tax
1 278
1 087
1 388
1 105
Living cost
541
541
541
541
Free-cash
737
546
847
564

Estimated living cost  is $541 per week

$395
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.
$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

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
$1119
$702
$774
$1080
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
-
-
-
3
health
-
-
-
112
pensions
-
-
-
315
other
-
-
-
-
income
-
-
-
631
surtax
-
-
-
100
total
-
-
-
1 161
Employee
397
-
1 868
-
health
10
-
40
-
pensions
27
-
105
-
surtax
1
-
86
-
other
-
-
-
-
unemployment
28
-
110
-
income
67
-
560
-
total
133
-
901
-
Employer
397
-
1 868
-
pensions
53
-
210
-
unemployment
13
-
50
-
health
18
-
72
-
other
-
-
-
-
total
84
-
332
-
Corporate
1 719
2 200
-
-
income
447
572
-
-
total
447
572
-
-
Dividends
1 272
1 628
-
-
withholding
191
244
-
-
total
191
244
-
-
Income
2 200
2 200
2 200
2 200
Total tax
855
816
1 233
1 161
After tax
1 345
1 384
967
1 039
Living cost
265
265
265
265
Free-cash
1 080
1 119
702
774

Estimated living cost  is $265 per week

$160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$23
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.
$76
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
$1124
$707
$779
$1088
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
-
-
-
3
health
-
-
-
112
pensions
-
-
-
315
other
-
-
-
-
income
-
-
-
631
surtax
-
-
-
100
total
-
-
-
1 161
Employee
390
-
1 868
-
health
10
-
40
-
pensions
26
-
105
-
surtax
1
-
86
-
other
-
-
-
-
unemployment
27
-
110
-
income
65
-
560
-
total
129
-
901
-
Employer
390
-
1 868
-
pensions
52
-
210
-
unemployment
12
-
50
-
health
18
-
72
-
other
-
-
-
-
total
82
-
332
-
Corporate
1 728
2 200
-
-
income
449
572
-
-
total
449
572
-
-
Dividends
1 278
1 628
-
-
withholding
192
244
-
-
total
192
244
-
-
Income
2 200
2 200
2 200
2 200
Total tax
852
816
1 233
1 161
After tax
1 348
1 384
967
1 039
Living cost
260
260
260
260
Free-cash
1 088
1 124
707
779

Estimated living cost  is $260 per week

$159
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.
$71
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
$1004
$1043
$1292
$1010
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.

334
133
1 841
-
health
23
9
129
-
pensions
33
13
184
-
unemployment
5
2
28
-
income
41
16
225
-
total
102
40
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.

334
133
1 841
-
pensions
65
26
359
-
total
65
26
359
-
Corporate
1 801
2 041
-
-
income
162
184
-
-
total
162
184
-
-
Dividends
1 639
1 857
-
-
withholding
311
353
-
-
social contributions
318
361
-
-
total
629
714
-
-
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
232
232
232
232
Free-cash
1 010
1 004
1 043
1 292

Estimated living cost  is $232 per week

$158
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.
$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.
$50
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
$777
$702
$689
$767
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
-
-
-
24
municipal
-
-
-
242
pensions
-
-
-
264
national
-
-
-
385
total
-
-
-
915
Employee
924
-
1 902
-
municipal
114
-
250
-
pensions
37
-
76
-
national
177
-
404
-
total
328
-
730
-
Employer
924
-
1 902
-
social contributions
10
-
20
-
pensions
74
-
152
-
total
84
-
172
-
Corporate
1 132
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%.

226
440
-
-
total
226
440
-
-
Dividends
905
1 760
-
-
withholding
199
387
-
-
total
199
387
-
-
Income
2 200
2 200
2 200
2 200
Total tax
837
827
902
915
After tax
1 363
1 373
1 298
1 285
Living cost
596
596
596
596
Free-cash
767
777
702
689

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
$868
$473
$473
$894
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
-
-
-
370
income
-
-
-
685
total
-
-
-
1 055
Employee
923
-
2 200
-
social contributions
77
-
370
-
income
174
-
685
-
total
251
-
1 055
-
Employer
923
-
2 200
-
total
-
-
-
-
Corporate
1 277
2 200
-
-
income
160
275
-
-
total
160
275
-
-
Dividends
1 117
1 925
-
-
withholding
223
385
-
-
total
223
385
-
-
Income
2 200
2 200
2 200
2 200
Total tax
634
660
1 055
1 055
After tax
1 566
1 540
1 145
1 145
Living cost
672
672
672
672
Free-cash
894
868
473
473

Estimated living cost  is $672 per week

$511
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.
$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.
$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

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
$676
$447
$546
$613
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
regional
-
-
-
26
social contributions
-
-
-
566
municipal
-
-
-
13
national
-
-
-
551
total
-
-
-
1 156
Employee
1 049
-
2 200
-
regional
10
-
23
-
municipal
6
-
12
-
social contributions
354
-
742
-
national
182
-
478
-
total
552
-
1 255
-
Employer
1 049
-
2 200
-
total
-
-
-
-
Corporate
1 151
2 200
-
-
nationa
276
528
-
-
municipal
45
86
-
-
total
321
614
-
-
Dividends
830
1 586
-
-
withholding
216
412
-
-
total
216
412
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 089
1 026
1 255
1 156
After tax
1 111
1 174
945
1 044
Living cost
498
498
498
498
Free-cash
613
676
447
546

Estimated living cost  is $498 per week

$347
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.
$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
Naples , Italy
$839
$620
$719
$812
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
regional
-
-
-
33
social contributions
-
-
-
566
municipal
-
-
-
13
national
-
-
-
551
total
-
-
-
1 163
Employee
655
-
2 200
-
regional
9
-
30
-
municipal
3
-
12
-
social contributions
221
-
742
-
national
104
-
478
-
total
337
-
1 262
-
Employer
655
-
2 200
-
total
-
-
-
-
Corporate
1 545
2 200
-
-
nationa
371
528
-
-
municipal
77
109
-
-
total
448
637
-
-
Dividends
1 098
1 563
-
-
withholding
285
406
-
-
total
285
406
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 070
1 043
1 262
1 163
After tax
1 130
1 157
938
1 037
Living cost
318
318
318
318
Free-cash
812
839
620
719

Estimated living cost  is $318 per week

$198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$32
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.
$83
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