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
$ 2300
per

Your estimated
City
free-cash

Andorra , Andorra
$1320
$1660
$1381
$1701
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
-
-
-
2 300
social contributions
-
-
-
506
income
-
-
-
105
total
-
-
-
611
Employee
395
-
1 991
-
social contributions
26
-
129
-
income
-
-
112
-
total
26
-
241
-
Employer
395
-
1 991
-
social contributions
61
-
309
-
total
61
-
309
-
Corporate
1 844
2 300
-
-
income
184
230
-
-
total
184
230
-
-
Dividends
1 660
2 070
-
-
total
-
-
-
-
Income
2 300
2 300
2 300
2 300
Total tax
271
230
550
611
After tax
2 029
2 070
1 750
1 689
Living cost
369
369
369
369
Free-cash
1 660
1 701
1 381
1 320

Estimated living cost  is $369 per week

$239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$28
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$96
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Graz , Austria
$792
$876
$217
$881
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 300
surtax
-
-
-
-
unemployment
-
-
-
75
health
-
-
-
110
chamber of commerce
-
-
-
9
pensions
-
-
-
265
income
-
-
-
657
total
-
-
-
1 116
Employee
537
489
1 856
-
unemployment
16
15
43
-
other
5
5
14
-
income
48
36
536
-
pensions
55
50
147
-
health
21
19
55
-
total
145
125
795
-
Employer
537
489
1 856
-
pensions
67
61
180
-
surtax
-
-
-
-
payroll
16
15
56
-
other
25
23
85
-
health
20
18
54
-
accident
7
6
19
-
unemployment
16
15
43
-
chamber of commerce
2
2
7
-
total
153
140
444
-
Corporate
1 609
1 670
1 810
-
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.

402
418
452
-
total
402
418
452
-
Dividends
1 207
1 252
-
-
withholding
332
344
-
-
total
332
344
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 032
1 027
1 691
1 116
After tax
1 268
1 273
609
1 184
Living cost
392
392
392
392
Free-cash
876
881
217
792

Estimated living cost  is $392 per week

$235
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$40
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Vienna , Austria
$749
$821
$176
$839
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
-
-
-
2 300
surtax
-
-
-
2
unemployment
-
-
-
75
health
-
-
-
110
chamber of commerce
-
-
-
9
pensions
-
-
-
265
income
-
-
-
657
total
-
-
-
1 118
Employee
613
489
1 854
-
unemployment
18
15
43
-
other
6
5
14
-
income
70
36
535
-
pensions
63
50
147
-
health
24
19
55
-
total
181
125
794
-
Employer
613
489
1 854
-
pensions
77
61
180
-
surtax
2
2
2
-
payroll
18
15
56
-
other
29
23
84
-
health
23
18
54
-
accident
8
6
19
-
unemployment
18
15
43
-
chamber of commerce
2
2
7
-
total
177
142
445
-
Corporate
1 508
1 668
1 808
-
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.

377
417
452
-
total
377
417
452
-
Dividends
1 131
1 251
-
-
withholding
311
344
-
-
total
311
344
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 046
1 028
1 691
1 118
After tax
1 254
1 272
609
1 182
Living cost
433
433
433
433
Free-cash
821
839
176
749

Estimated living cost  is $433 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
$550
$653
$353
$838
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
-
-
-
2 300
national
-
-
-
876
communal

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

-
-
-
120
social contributions
-
-
-
306
total
-
-
-
1 302
Employee

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

878
-
1 781
-
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
270
-
654
-
communal

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

46
-
93
-
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
-
134
-
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
-
84
-
total
431
-
980
-
Employer

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

878
-
1 781
-
surtax
100
-
202
-
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
-
158
-
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
-
110
-
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
-
23
-
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
-
26
-
total
256
-
519
-
Corporate
1 166
2 300
-
-
income
233
460
-
-
surtax
5
9
-
-
total
238
469
-
-
Dividends
928
1 831
-
-
withholding

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

274
545
-
-
total
274
545
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 199
1 014
1 499
1 302
After tax
1 101
1 286
801
998
Living cost
448
448
448
448
Free-cash
653
838
353
550

Estimated living cost  is $448 per week

$288
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
$1629
$1680
$1719
$1756
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
-
-
-
2 300
unemployment
-
-
-
2
health
-
-
-
49
pensions

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

-
-
-
64
income
-
-
-
345
total
-
-
-
460
Employee
280
-
2 216
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
income
28
-
222
-
pensions

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

25
-
38
-
health
13
-
20
-
total
69
-
285
-
Employer
280
-
2 216
-
pensions

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

31
-
47
-
health
19
-
30
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
unemployment
2
-
3
-
total
55
-
85
-
Corporate
1 965
2 300
-
-
income
197
230
-
-
total
197
230
-
-
Dividends
1 769
2 070
-
-
withholding
88
103
-
-
total
88
103
-
-
Income
2 300
2 300
2 300
2 300
Total tax
409
333
370
460
After tax
1 891
1 967
1 930
1 840
Living cost
211
211
211
211
Free-cash
1 680
1 756
1 719
1 629

Estimated living cost  is $211 per week

$140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$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
$1679
$1749
$1769
$1806
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
-
-
-
2 300
unemployment
-
-
-
2
health
-
-
-
49
pensions

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

-
-
-
64
income
-
-
-
345
total
-
-
-
460
Employee
213
-
2 216
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
income
21
-
222
-
pensions

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

19
-
38
-
health
10
-
20
-
total
52
-
285
-
Employer
213
-
2 216
-
pensions

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

24
-
47
-
health
15
-
30
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
unemployment
1
-
3
-
total
42
-
85
-
Corporate
2 045
2 300
-
-
income
204
230
-
-
total
204
230
-
-
Dividends
1 840
2 070
-
-
withholding
92
103
-
-
total
92
103
-
-
Income
2 300
2 300
2 300
2 300
Total tax
390
333
370
460
After tax
1 910
1 967
1 930
1 840
Living cost
161
161
161
161
Free-cash
1 749
1 806
1 769
1 679

Estimated living cost  is $161 per week

$94
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$51
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Larnaca , Cyprus
$1280
$1326
$1260
$1395
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
-
-
-
2 300
health
-
-
-
59
social contributions
-
-
-
199
income
-
-
-
478
total
-
-
-
736
Employee
944
944
2 154
-
income
103
87
467
-
social contributions
36
78
106
-
health
7
16
37
-
total
146
181
610
-
Employer
944
944
2 154
-
social contributions
36
78
106
-
health
8
17
40
-
total
44
95
146
-
Corporate
1 826
1 260
-
-
income
228
158
-
-
total
228
158
-
-
Dividends
1 598
1 103
-
-
withholding
272
187
-
-
total
272
187
-
-
Income
2 300
2 300
2 300
2 300
Total tax
690
621
756
736
After tax
1 610
1 679
1 544
1 564
Living cost
284
284
284
284
Free-cash
1 326
1 395
1 260
1 280

Estimated living cost  is $284 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.
$80
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
$1166
$1229
$1146
$1281
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
-
-
-
2 300
health
-
-
-
59
social contributions
-
-
-
199
income
-
-
-
478
total
-
-
-
736
Employee
944
944
2 154
-
income
99
87
467
-
social contributions
46
78
106
-
health
9
16
37
-
total
154
181
610
-
Employer
944
944
2 154
-
social contributions
46
78
106
-
health
10
17
40
-
total
56
95
146
-
Corporate
1 691
1 260
-
-
income
211
158
-
-
total
211
158
-
-
Dividends
1 480
1 103
-
-
withholding
252
187
-
-
total
252
187
-
-
Income
2 300
2 300
2 300
2 300
Total tax
673
621
756
736
After tax
1 627
1 679
1 544
1 564
Living cost
398
398
398
398
Free-cash
1 229
1 281
1 146
1 166

Estimated living cost  is $398 per week

$272
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
$1049
$1200
$951
$1301
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
-
-
-
2 300
health
-
-
-
311
social contributions
-
-
-
407
income
-
-
-
237
solidarity contribution
-
-
-
13
total
-
-
-
968
Employee
416
-
1 790
-
income
50
-
219
-
social contributions
27
-
91
-
health
56
-
242
-
solidarity contribution
-
-
4
-
total
133
-
556
-
Employer
416
-
1 790
-
social contributions
104
-
349
-
health
37
-
161
-
total
141
-
510
-
Corporate
1 742
2 300
-
-
income
331
437
-
-
total
331
437
-
-
Dividends
1 411
1 863
-
-
withholding
212
279
-
-
total
212
279
-
-
Income
2 300
2 300
2 300
2 300
Total tax
817
716
1 066
968
After tax
1 483
1 584
1 234
1 332
Living cost
283
283
283
283
Free-cash
1 200
1 301
951
1 049

Estimated living cost  is $283 per week

$197
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
$983
$1111
$885
$1235
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
-
-
-
2 300
health
-
-
-
311
social contributions
-
-
-
407
income
-
-
-
237
solidarity contribution
-
-
-
13
total
-
-
-
968
Employee
513
-
1 790
-
income
62
-
219
-
social contributions
33
-
91
-
health
69
-
242
-
solidarity contribution
-
-
4
-
total
164
-
556
-
Employer
513
-
1 790
-
social contributions
128
-
349
-
health
46
-
161
-
total
174
-
510
-
Corporate
1 612
2 300
-
-
income
306
437
-
-
total
306
437
-
-
Dividends
1 306
1 863
-
-
withholding
196
279
-
-
total
196
279
-
-
Income
2 300
2 300
2 300
2 300
Total tax
840
716
1 066
968
After tax
1 460
1 584
1 234
1 332
Living cost
349
349
349
349
Free-cash
1 111
1 235
885
983

Estimated living cost  is $349 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
$756
-$383
-$383
-$383
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
-
-
-
2 300
national
-
-
-
274
pensions
-
-
-
11
municipal
-
-
-
483
labour market
-
-
-
183
total
-
-
-
951
Employee
2 502
2 502
2 502
-
municipal
533
533
533
-
national
306
306
306
-
pensions
4
4
4
-
labour market
200
200
200
-
total
1 043
1 043
1 043
-
Employer
2 502
2 502
2 502
-
pensions
7
7
7
-
labour market
200
200
200
-
municipal
534
534
534
-
national
306
306
306
-
total
1 047
1 047
1 047
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 300
2 300
2 300
2 300
Total tax
2 090
2 090
2 090
951
After tax
210
210
210
1 349
Living cost
593
593
593
593
Free-cash
-383
-383
-383
756

Estimated living cost  is $593 per week

$406
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.
$126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
$936
$1466
$1030
$1543
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
-
-
-
2 300
health
-
-
-
299
pensions
-
-
-
460
income
-
-
-
308
total
-
-
-
1 067
Employee
348
-
1 719
-
unemployment
6
-
28
-
income
39
-
331
-
pensions
7
-
34
-
total
52
-
393
-
Employer
348
-
1 719
-
pensions
70
-
344
-
health
45
-
223
-
unemployment
3
-
14
-
total
118
-
581
-
Corporate
1 834
2 300
-
-
income
367
460
-
-
total
367
460
-
-
Dividends
1 467
1 840
-
-
total
-
-
-
-
Income
2 300
2 300
2 300
2 300
Total tax
537
460
974
1 067
After tax
1 763
1 840
1 326
1 233
Living cost
296
296
296
296
Free-cash
1 466
1 543
1 030
936

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.
$70
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Helsinki , Finland
$992
$995
$725
$962
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

-
-
-
2 300
national
-
-
-
398
health
-
-
-
30
municipal
-
-
-
409
total
-
-
-
837
Employee
646
-
1 935
-
unemployment
10
-
29
-
municipal
106
-
315
-
national
11
-
238
-
pensions
44
-
131
-
health
5
-
25
-
total
176
-
738
-
Employer
646
-
1 935
-
pensions
112
-
336
-
health
5
-
15
-
accident
1
-
2
-
unemployment
4
-
13
-
total
122
-
366
-
Corporate
1 532
2 300
-
-
income
306
460
-
-
total
306
460
-
-
Dividends

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

919
1 380
-
-
municipal
165
248
-
-
national
65
159
-
-
total
230
407
-
-
Income
2 300
2 300
2 300
2 300
Total tax
834
867
1 104
837
After tax
1 466
1 433
1 196
1 463
Living cost
471
471
471
471
Free-cash
995
962
725
992

Estimated living cost  is $471 per week

$308
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.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Marseille , France
$915
$850
$870
$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
-
-
-
2 300
surtax
-
-
-
-
health
-
-
-
102
pensions
-
-
-
397
social contributions
-
-
-
66
income
-
-
-
371
other
-
-
-
71
total
-
-
-
1 007
Employee
469
-
1 775
-
income
24
-
350
-
surtax
-
-
-
-
social contributions
13
-
51
-
pensions
53
-
126
-
total
90
-
527
-
Employer
469
-
1 775
-
pensions
77
-
211
-
social contributions
1
-
5
-
other
16
-
70
-
health
33
-
167
-
unemployment
19
-
72
-
total
146
-
525
-
Corporate
1 685
2 300
-
-
income
472
644
-
-
surtax
-
-
-
-
total
472
644
-
-
Dividends
1 213
1 656
-
-
withholding
155
212
-
-
social contributions
209
285
-
-
surtax
-
-
-
-
total
364
497
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 072
1 141
1 052
1 007
After tax
1 228
1 159
1 248
1 293
Living cost
378
378
378
378
Free-cash
850
781
870
915

Estimated living cost  is $378 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
$873
$813
$828
$739
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
-
-
-
2 300
surtax
-
-
-
-
health
-
-
-
102
pensions
-
-
-
397
social contributions
-
-
-
66
income
-
-
-
371
other
-
-
-
71
total
-
-
-
1 007
Employee
525
-
1 775
-
income
31
-
350
-
surtax
-
-
-
-
social contributions
15
-
51
-
pensions
59
-
126
-
total
105
-
527
-
Employer
525
-
1 775
-
pensions
86
-
211
-
social contributions
2
-
5
-
other
18
-
70
-
health
37
-
167
-
unemployment
21
-
72
-
total
164
-
525
-
Corporate
1 611
2 300
-
-
income
451
644
-
-
surtax
-
-
-
-
total
451
644
-
-
Dividends
1 160
1 656
-
-
withholding
148
212
-
-
social contributions
199
285
-
-
surtax
-
-
-
-
total
347
497
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 067
1 141
1 052
1 007
After tax
1 233
1 159
1 248
1 293
Living cost
420
420
420
420
Free-cash
813
739
828
873

Estimated living cost  is $420 per week

$265
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
$700
$651
$655
$566
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
-
-
-
2 300
surtax
-
-
-
-
health
-
-
-
102
pensions
-
-
-
397
social contributions
-
-
-
66
income
-
-
-
371
other
-
-
-
71
total
-
-
-
1 007
Employee
769
-
1 775
-
income
67
-
350
-
surtax
-
-
-
-
social contributions
22
-
51
-
pensions
87
-
126
-
total
176
-
527
-
Employer
769
-
1 775
-
pensions
126
-
211
-
social contributions
2
-
5
-
other
27
-
70
-
health
54
-
167
-
unemployment
31
-
72
-
total
240
-
525
-
Corporate
1 291
2 300
-
-
income
361
644
-
-
surtax
-
-
-
-
total
361
644
-
-
Dividends
930
1 656
-
-
withholding
119
212
-
-
social contributions
160
285
-
-
surtax
-
-
-
-
total
279
497
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 056
1 141
1 052
1 007
After tax
1 244
1 159
1 248
1 293
Living cost
593
593
593
593
Free-cash
651
566
655
700

Estimated living cost  is $593 per week

$401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$49
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$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
$2198
$2091
$1761
$2106
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%.

-
-
-
2 300
microenterprise

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

-
-
-
23
total
-
-
-
23
Employee
99
-
2 300
-
income
20
-
460
-
total
20
-
460
-
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%.

2 201
2 300
-
-
total
-
-
-
-
Dividends
2 201
2 300
-
-
withholding
110
115
-
-
total
110
115
-
-
Income
2 300
2 300
2 300
2 300
Total tax
130
115
460
23
After tax
2 170
2 185
1 840
2 277
Living cost
79
79
79
79
Free-cash
2 091
2 106
1 761
2 198

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
$2154
$2039
$1717
$2062
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%.

-
-
-
2 300
microenterprise

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

-
-
-
23
total
-
-
-
23
Employee
154
-
2 300
-
income
31
-
460
-
total
31
-
460
-
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%.

2 146
2 300
-
-
total
-
-
-
-
Dividends
2 146
2 300
-
-
withholding
107
115
-
-
total
107
115
-
-
Income
2 300
2 300
2 300
2 300
Total tax
138
115
460
23
After tax
2 162
2 185
1 840
2 277
Living cost
123
123
123
123
Free-cash
2 039
2 062
1 717
2 154

Estimated living cost  is $123 per week

$83
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$5
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$30
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
$728
$871
$976
$709
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.

-
-
-
2 300
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.

-
-
-
40
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.

-
-
-
726
trade
-
-
-
248
total
-
-
-
1 098
Employee

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

611
-
2 300
-
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
-
726
-
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
-
40
-
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
-
850
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 689
2 300
-
-
trade
242
330
-
-
income
253
345
-
-
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
19
-
-
total
513
699
-
-
Dividends
1 175
1 601
-
-
withholding
289
396
-
-
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
22
-
-
total
305
418
-
-
Income
2 300
2 300
2 300
2 300
Total tax
955
1 117
850
1 098
After tax
1 345
1 183
1 450
1 202
Living cost
474
474
474
474
Free-cash
871
709
976
728

Estimated living cost  is $474 per week

$327
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
$806
$924
$1078
$789
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.

-
-
-
2 300
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.

-
-
-
40
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.

-
-
-
726
trade
-
-
-
272
total
-
-
-
1 122
Employee

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

470
-
2 300
-
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
-
726
-
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
-
40
-
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
-
850
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 830
2 300
-
-
trade
288
362
-
-
income
275
345
-
-
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.

15
19
-
-
total
582
731
-
-
Dividends
1 248
1 569
-
-
withholding
307
387
-
-
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.

17
21
-
-
total
324
408
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 004
1 139
850
1 122
After tax
1 296
1 161
1 450
1 178
Living cost
372
372
372
372
Free-cash
924
789
1 078
806

Estimated living cost  is $372 per week

$234
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.
$88
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Hamburg , Germany
$684
$839
$968
$667
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.

-
-
-
2 300
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.

-
-
-
40
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.

-
-
-
726
trade
-
-
-
284
total
-
-
-
1 134
Employee

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

623
-
2 300
-
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
-
726
-
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
-
40
-
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
-
850
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 677
2 300
-
-
trade
276
378
-
-
income
252
345
-
-
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
19
-
-
total
546
747
-
-
Dividends
1 132
1 553
-
-
withholding
278
383
-
-
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
293
404
-
-
Income
2 300
2 300
2 300
2 300
Total tax
979
1 151
850
1 134
After tax
1 321
1 149
1 450
1 166
Living cost
482
482
482
482
Free-cash
839
667
968
684

Estimated living cost  is $482 per week

$323
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$51
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Munich , Germany
$591
$773
$888
$575
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.

-
-
-
2 300
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.

-
-
-
40
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.

-
-
-
726
trade
-
-
-
297
total
-
-
-
1 147
Employee

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

738
-
2 300
-
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
-
726
-
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
-
40
-
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
-
850
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 562
2 300
-
-
trade
268
394
-
-
income
234
345
-
-
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
19
-
-
total
519
763
-
-
Dividends
1 043
1 536
-
-
withholding
256
379
-
-
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
21
-
-
total
270
400
-
-
Income
2 300
2 300
2 300
2 300
Total tax
965
1 163
850
1 147
After tax
1 335
1 137
1 450
1 153
Living cost
562
562
562
562
Free-cash
773
575
888
591

Estimated living cost  is $562 per week

$411
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
$810
$1131
$736
$1171
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
-
-
-
2 300
surtax
-
-
-
105
unemployment
-
-
-
3
health
-
-
-
116
pensions
-
-
-
328
income
-
-
-
662
other
-
-
-
-
total
-
-
-
1 214
Employee
413
-
1 955
-
unemployment
29
-
114
-
other
-
-
-
-
income
69
-
588
-
surtax
1
-
90
-
pensions
28
-
109
-
health
11
-
42
-
total
138
-
943
-
Employer
413
-
1 955
-
pensions
55
-
218
-
other
-
-
-
-
health
19
-
75
-
unemployment
13
-
52
-
total
87
-
345
-
Corporate
1 800
2 300
-
-
income
468
598
-
-
total
468
598
-
-
Dividends
1 332
1 702
-
-
withholding
200
255
-
-
total
200
255
-
-
Income
2 300
2 300
2 300
2 300
Total tax
893
853
1 288
1 214
After tax
1 407
1 447
1 012
1 086
Living cost
276
276
276
276
Free-cash
1 131
1 171
736
810

Estimated living cost  is $276 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
$815
$1139
$741
$1176
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
-
-
-
2 300
surtax
-
-
-
105
unemployment
-
-
-
3
health
-
-
-
116
pensions
-
-
-
328
income
-
-
-
662
other
-
-
-
-
total
-
-
-
1 214
Employee
406
-
1 955
-
unemployment
28
-
114
-
other
-
-
-
-
income
68
-
588
-
surtax
1
-
90
-
pensions
27
-
109
-
health
10
-
42
-
total
134
-
943
-
Employer
406
-
1 955
-
pensions
54
-
218
-
other
-
-
-
-
health
18
-
75
-
unemployment
13
-
52
-
total
85
-
345
-
Corporate
1 809
2 300
-
-
income
470
598
-
-
total
470
598
-
-
Dividends
1 338
1 702
-
-
withholding
201
255
-
-
total
201
255
-
-
Income
2 300
2 300
2 300
2 300
Total tax
890
853
1 288
1 214
After tax
1 410
1 447
1 012
1 086
Living cost
271
271
271
271
Free-cash
1 139
1 176
741
815

Estimated living cost  is $271 per week

$166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$74
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Budapest , Hungary
$1349
$1052
$1089
$1047
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
-
-
-
2 300
unemployment
-
-
-
34
health
-
-
-
161
pensions
-
-
-
230
income
-
-
-
281
total
-
-
-
706
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.

353
141
1 925
-
unemployment
5
2
29
-
income
43
17
235
-
pensions
35
14
192
-
health
25
10
135
-
total
108
43
591
-
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.

353
141
1 925
-
pensions
69
27
375
-
total
69
27
375
-
Corporate
1 878
2 132
-
-
income
169
192
-
-
total
169
192
-
-
Dividends
1 709
1 940
-
-
withholding
325
369
-
-
social contributions
332
377
-
-
total
657
746
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 003
1 008
966
706
After tax
1 297
1 292
1 334
1 594
Living cost
245
245
245
245
Free-cash
1 052
1 047
1 089
1 349

Estimated living cost  is $245 per week

$167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$53
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
$741
$831
$753
$842
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
-
-
-
2 300
national
-
-
-
411
pensions
-
-
-
276
social contributions
-
-
-
25
municipal
-
-
-
254
total
-
-
-
966
Employee
919
-
1 988
-
municipal
114
-
263
-
national
176
-
431
-
pensions
37
-
80
-
total
327
-
774
-
Employer
919
-
1 988
-
pensions
74
-
159
-
social contributions
10
-
21
-
total
84
-
180
-
Corporate
1 237
2 300
-
-
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%.

247
460
-
-
total
247
460
-
-
Dividends
989
1 840
-
-
withholding
218
405
-
-
total
218
405
-
-
Income
2 300
2 300
2 300
2 300
Total tax
876
865
954
966
After tax
1 424
1 435
1 346
1 334
Living cost
593
593
593
593
Free-cash
831
842
753
741

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
$497
$939
$497
$912
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
-
-
-
2 300
social contributions
-
-
-
387
income
-
-
-
717
total
-
-
-
1 104
Employee
960
-
2 300
-
social contributions
80
-
387
-
income
181
-
717
-
total
261
-
1 104
-
Employer
960
-
2 300
-
total
-
-
-
-
Corporate
1 340
2 300
-
-
income
167
287
-
-
total
167
287
-
-
Dividends
1 172
2 013
-
-
withholding
234
402
-
-
total
234
402
-
-
Income
2 300
2 300
2 300
2 300
Total tax
662
689
1 104
1 104
After tax
1 638
1 611
1 196
1 196
Living cost
699
699
699
699
Free-cash
939
912
497
497

Estimated living cost  is $699 per week

$532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$57
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Milan , Italy
$573
$645
$469
$709
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
-
-
-
2 300
national
-
-
-
576
regional
-
-
-
27
social contributions
-
-
-
592
municipal
-
-
-
14
total
-
-
-
1 209
Employee
1 091
-
2 300
-
municipal
6
-
12
-
national
189
-
501
-
social contributions
368
-
776
-
regional
10
-
24
-
total
573
-
1 313
-
Employer
1 091
-
2 300
-
total
-
-
-
-
Corporate
1 209
2 300
-
-
nationa
290
552
-
-
municipal
47
90
-
-
total
337
642
-
-
Dividends
872
1 658
-
-
withholding
227
431
-
-
total
227
431
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 137
1 073
1 313
1 209
After tax
1 163
1 227
987
1 091
Living cost
518
518
518
518
Free-cash
645
709
469
573

Estimated living cost  is $518 per week

$361
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
$752
$850
$649
$878
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
-
-
-
2 300
national
-
-
-
576
regional
-
-
-
35
social contributions
-
-
-
592
municipal
-
-
-
14
total
-
-
-
1 217
Employee
681
-
2 300
-
municipal
4
-
12
-
national
108
-
501
-
social contributions
230
-
776
-
regional
9
-
31
-
total
351
-
1 320
-
Employer
681
-
2 300
-
total
-
-
-
-
Corporate
1 619
2 300
-
-
nationa
389
552
-
-
municipal
80
114
-
-
total
469
666
-
-
Dividends
1 150
1 634
-
-
withholding
299
425
-
-
total
299
425
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 119
1 091
1 320
1 217
After tax
1 181
1 209
980
1 083
Living cost
331
331
331
331
Free-cash
850
878
649
752

Estimated living cost  is $331 per week

$206
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.