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
$1716
$1393
$1332
$1676
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
-
-
-
108
total
-
-
-
614
Employee
379
-
1 991
-
social contributions
25
-
129
-
income
-
-
115
-
total
25
-
244
-
Employer
379
-
1 991
-
social contributions
59
-
309
-
total
59
-
309
-
Corporate
1 862
2 300
-
-
income
186
230
-
-
total
186
230
-
-
Dividends
1 676
2 070
-
-
total
-
-
-
-
Income
2 300
2 300
2 300
2 300
Total tax
270
230
553
614
After tax
2 030
2 070
1 747
1 686
Living cost
354
354
354
354
Free-cash
1 676
1 716
1 393
1 332

Estimated living cost  is $354 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
$895
$232
$808
$892
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
chamber of commerce
-
-
-
9
unemployment
-
-
-
72
health
-
-
-
105
pensions
-
-
-
255
income
-
-
-
675
surtax
-
-
-
-
total
-
-
-
1 116
Employee
515
470
1 868
-
health
20
18
53
-
pensions
53
48
141
-
other
5
5
14
-
unemployment
15
14
41
-
income
46
35
555
-
total
139
120
804
-
Employer
515
470
1 868
-
pensions
65
59
173
-
accident
7
6
18
-
unemployment
15
14
41
-
surtax
-
-
-
-
payroll
15
14
56
-
chamber of commerce
2
2
7
-
health
19
18
52
-
other
24
22
85
-
total
147
135
432
-
Corporate
1 636
1 695
1 823
-
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.

409
424
456
-
total
409
424
456
-
Dividends
1 227
1 271
-
-
withholding
337
350
-
-
total
337
350
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 032
1 029
1 692
1 116
After tax
1 268
1 271
608
1 184
Living cost
376
376
376
376
Free-cash
892
895
232
808

Estimated living cost  is $376 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
$856
$194
$767
$837
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
chamber of commerce
-
-
-
9
unemployment
-
-
-
72
health
-
-
-
105
pensions
-
-
-
255
income
-
-
-
675
surtax
-
-
-
2
total
-
-
-
1 118
Employee
589
470
1 866
-
health
23
18
53
-
pensions
60
48
141
-
other
6
5
14
-
unemployment
18
14
41
-
income
67
35
554
-
total
174
120
803
-
Employer
589
470
1 866
-
pensions
74
59
173
-
accident
8
6
18
-
unemployment
18
14
41
-
surtax
2
2
2
-
payroll
18
14
56
-
chamber of commerce
2
2
7
-
health
22
18
52
-
other
28
22
84
-
total
172
137
433
-
Corporate
1 539
1 693
1 821
-
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.

385
423
455
-
total
385
423
455
-
Dividends
1 154
1 269
-
-
withholding
317
349
-
-
total
317
349
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 048
1 029
1 691
1 118
After tax
1 252
1 271
609
1 182
Living cost
415
415
415
415
Free-cash
837
856
194
767

Estimated living cost  is $415 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
$852
$366
$569
$679
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
-
-
-
294
communal

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

-
-
-
120
national
-
-
-
887
total
-
-
-
1 301
Employee

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

843
-
1 781
-
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
-
84
-
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
-
134
-
communal

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

44
-
93
-
national
259
-
658
-
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
-
16
-
total
413
-
985
-
Employer

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

843
-
1 781
-
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.

12
-
26
-
surtax
96
-
202
-
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
-
110
-
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
-
158
-
total
246
-
519
-
Corporate
1 211
2 300
-
-
surtax
5
9
-
-
income
242
466
-
-
total
247
475
-
-
Dividends
964
1 825
-
-
withholding

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

285
543
-
-
total
285
543
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 191
1 018
1 504
1 301
After tax
1 109
1 282
796
999
Living cost
430
430
430
430
Free-cash
679
852
366
569

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
$1765
$1736
$1643
$1691
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
-
-
-
47
pensions

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

-
-
-
61
income
-
-
-
345
total
-
-
-
455
Employee
268
-
2 219
-
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
-
222
-
total
66
-
282
-
Employer
268
-
2 219
-
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
1 979
2 300
-
-
income
198
230
-
-
total
198
230
-
-
Dividends
1 781
2 070
-
-
withholding
89
103
-
-
total
89
103
-
-
Income
2 300
2 300
2 300
2 300
Total tax
407
333
362
455
After tax
1 893
1 967
1 938
1 845
Living cost
202
202
202
202
Free-cash
1 691
1 765
1 736
1 643

Estimated living cost  is $202 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
$1813
$1784
$1691
$1758
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
-
-
-
47
pensions

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

-
-
-
61
income
-
-
-
345
total
-
-
-
455
Employee
204
-
2 219
-
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
-
222
-
total
49
-
282
-
Employer
204
-
2 219
-
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
2 056
2 300
-
-
income
206
230
-
-
total
206
230
-
-
Dividends
1 850
2 070
-
-
withholding
93
103
-
-
total
93
103
-
-
Income
2 300
2 300
2 300
2 300
Total tax
388
333
362
455
After tax
1 912
1 967
1 938
1 845
Living cost
154
154
154
154
Free-cash
1 758
1 813
1 784
1 691

Estimated living cost  is $154 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
$1404
$1269
$1287
$1340
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
-
-
-
191
health
-
-
-
59
income
-
-
-
490
total
-
-
-
740
Employee
907
907
2 159
-
health
7
15
37
-
social contributions
34
75
101
-
income
99
84
479
-
total
140
174
617
-
Employer
907
907
2 159
-
social contributions
34
75
101
-
health
8
17
40
-
total
42
92
141
-
Corporate
1 845
1 301
-
-
income
231
163
-
-
total
231
163
-
-
Dividends
1 614
1 139
-
-
withholding
274
194
-
-
total
274
194
-
-
Income
2 300
2 300
2 300
2 300
Total tax
687
623
758
740
After tax
1 613
1 677
1 542
1 560
Living cost
273
273
273
273
Free-cash
1 340
1 404
1 269
1 287

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
$1295
$1160
$1178
$1247
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
-
-
-
191
health
-
-
-
59
income
-
-
-
490
total
-
-
-
740
Employee
907
907
2 159
-
health
9
15
37
-
social contributions
44
75
101
-
income
95
84
479
-
total
148
174
617
-
Employer
907
907
2 159
-
social contributions
44
75
101
-
health
10
17
40
-
total
54
92
141
-
Corporate
1 715
1 301
-
-
income
214
163
-
-
total
214
163
-
-
Dividends
1 501
1 139
-
-
withholding
255
194
-
-
total
255
194
-
-
Income
2 300
2 300
2 300
2 300
Total tax
671
623
758
740
After tax
1 629
1 677
1 542
1 560
Living cost
382
382
382
382
Free-cash
1 247
1 295
1 160
1 178

Estimated living cost  is $382 per week

$261
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
$1307
$961
$1059
$1208
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
-
-
-
399
health
-
-
-
310
solidarity contribution
-
-
-
16
income
-
-
-
239
total
-
-
-
964
Employee
407
-
1 797
-
health
55
-
243
-
social contributions
26
-
89
-
solidarity contribution
-
-
7
-
income
49
-
220
-
total
130
-
559
-
Employer
407
-
1 797
-
social contributions
102
-
341
-
health
37
-
162
-
total
139
-
503
-
Corporate
1 754
2 300
-
-
income
333
437
-
-
total
333
437
-
-
Dividends
1 421
1 863
-
-
withholding
213
279
-
-
total
213
279
-
-
Income
2 300
2 300
2 300
2 300
Total tax
815
716
1 062
964
After tax
1 485
1 584
1 238
1 336
Living cost
277
277
277
277
Free-cash
1 208
1 307
961
1 059

Estimated living cost  is $277 per week

$192
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.
$59
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
$1243
$897
$995
$1121
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
-
-
-
399
health
-
-
-
310
solidarity contribution
-
-
-
16
income
-
-
-
239
total
-
-
-
964
Employee
502
-
1 797
-
health
68
-
243
-
social contributions
33
-
89
-
solidarity contribution
-
-
7
-
income
60
-
220
-
total
161
-
559
-
Employer
502
-
1 797
-
social contributions
125
-
341
-
health
45
-
162
-
total
170
-
503
-
Corporate
1 627
2 300
-
-
income
309
437
-
-
total
309
437
-
-
Dividends
1 318
1 863
-
-
withholding
198
279
-
-
total
198
279
-
-
Income
2 300
2 300
2 300
2 300
Total tax
838
716
1 062
964
After tax
1 462
1 584
1 238
1 336
Living cost
341
341
341
341
Free-cash
1 121
1 243
897
995

Estimated living cost  is $341 per week

$254
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
-$277
-$277
$774
-$277
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
labour market
-
-
-
183
municipal
-
-
-
486
pensions
-
-
-
10
national
-
-
-
277
total
-
-
-
956
Employee
2 404
2 404
2 404
-
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
2 404
2 404
2 404
-
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
2 300
2 300
2 300
2 300
Total tax
2 007
2 007
2 007
956
After tax
293
293
293
1 344
Living cost
570
570
570
570
Free-cash
-277
-277
-277
774

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
$1555
$1042
$948
$1482
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
334
-
1 719
-
pensions
7
-
34
-
unemployment
5
-
27
-
income
38
-
331
-
total
50
-
392
-
Employer
334
-
1 719
-
pensions
67
-
344
-
unemployment
3
-
14
-
health
43
-
223
-
total
113
-
581
-
Corporate
1 852
2 300
-
-
income
370
460
-
-
total
370
460
-
-
Dividends
1 482
1 840
-
-
total
-
-
-
-
Income
2 300
2 300
2 300
2 300
Total tax
533
460
973
1 067
After tax
1 767
1 840
1 327
1 233
Living cost
285
285
285
285
Free-cash
1 482
1 555
1 042
948

Estimated living cost  is $285 per week

$195
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
$975
$733
$998
$1007
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
health
-
-
-
30
municipal
-
-
-
409
national
-
-
-
410
total
-
-
-
849
Employee
620
-
1 935
-
health
5
-
25
-
municipal
102
-
315
-
pensions
42
-
131
-
national
10
-
248
-
unemployment
9
-
29
-
total
168
-
748
-
Employer
620
-
1 935
-
accident
1
-
2
-
unemployment
4
-
13
-
health
5
-
15
-
pensions
108
-
336
-
total
118
-
366
-
Corporate
1 563
2 300
-
-
income
313
460
-
-
total
313
460
-
-
Dividends

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

938
1 380
-
-
municipal
169
248
-
-
national
72
164
-
-
total
241
412
-
-
Income
2 300
2 300
2 300
2 300
Total tax
840
872
1 114
849
After tax
1 460
1 428
1 186
1 451
Living cost
453
453
453
453
Free-cash
1 007
975
733
998

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
$796
$876
$926
$862
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
-
-
-
66
health
-
-
-
104
pensions
-
-
-
389
other
-
-
-
71
income
-
-
-
381
surtax
-
-
-
-
total
-
-
-
1 011
Employee
450
-
1 770
-
income
23
-
353
-
social contributions
13
-
50
-
pensions
51
-
127
-
surtax
-
-
-
-
total
87
-
530
-
Employer
450
-
1 770
-
pensions
74
-
214
-
social contributions
1
-
5
-
unemployment
18
-
72
-
health
32
-
169
-
other
16
-
71
-
total
141
-
531
-
Corporate
1 709
2 300
-
-
surtax
-
-
-
-
income
478
644
-
-
total
478
644
-
-
Dividends
1 230
1 656
-
-
surtax
-
-
-
-
withholding
157
212
-
-
social contributions
212
285
-
-
total
369
497
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 075
1 141
1 061
1 011
After tax
1 225
1 159
1 239
1 289
Living cost
363
363
363
363
Free-cash
862
796
876
926

Estimated living cost  is $363 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
$756
$836
$886
$826
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
-
-
-
66
health
-
-
-
104
pensions
-
-
-
389
other
-
-
-
71
income
-
-
-
381
surtax
-
-
-
-
total
-
-
-
1 011
Employee
505
-
1 770
-
income
30
-
353
-
social contributions
14
-
50
-
pensions
57
-
127
-
surtax
-
-
-
-
total
101
-
530
-
Employer
505
-
1 770
-
pensions
83
-
214
-
social contributions
2
-
5
-
unemployment
20
-
72
-
health
35
-
169
-
other
17
-
71
-
total
157
-
531
-
Corporate
1 638
2 300
-
-
surtax
-
-
-
-
income
459
644
-
-
total
459
644
-
-
Dividends
1 179
1 656
-
-
surtax
-
-
-
-
withholding
151
212
-
-
social contributions
203
285
-
-
total
354
497
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 071
1 141
1 061
1 011
After tax
1 229
1 159
1 239
1 289
Living cost
403
403
403
403
Free-cash
826
756
836
886

Estimated living cost  is $403 per week

$254
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.
$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
Paris , France
$590
$670
$720
$671
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
-
-
-
66
health
-
-
-
104
pensions
-
-
-
389
other
-
-
-
71
income
-
-
-
381
surtax
-
-
-
-
total
-
-
-
1 011
Employee
738
-
1 770
-
income
64
-
353
-
social contributions
21
-
50
-
pensions
84
-
127
-
surtax
-
-
-
-
total
169
-
530
-
Employer
738
-
1 770
-
pensions
121
-
214
-
social contributions
2
-
5
-
unemployment
30
-
72
-
health
52
-
169
-
other
25
-
71
-
total
230
-
531
-
Corporate
1 331
2 300
-
-
surtax
-
-
-
-
income
373
644
-
-
total
373
644
-
-
Dividends
958
1 656
-
-
surtax
-
-
-
-
withholding
123
212
-
-
social contributions
165
285
-
-
total
288
497
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 060
1 141
1 061
1 011
After tax
1 240
1 159
1 239
1 289
Living cost
569
569
569
569
Free-cash
671
590
670
720

Estimated living cost  is $569 per week

$385
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
$2102
$1757
$2194
$2086
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
104
-
2 300
-
income
21
-
460
-
total
21
-
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%.

2 196
2 300
-
-
total
-
-
-
-
Dividends
2 196
2 300
-
-
withholding
110
115
-
-
total
110
115
-
-
Income
2 300
2 300
2 300
2 300
Total tax
131
115
460
23
After tax
2 169
2 185
1 840
2 277
Living cost
83
83
83
83
Free-cash
2 086
2 102
1 757
2 194

Estimated living cost  is $83 per week

$51
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
$2056
$1711
$2148
$2032
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
162
-
2 300
-
income
32
-
460
-
total
32
-
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%.

2 138
2 300
-
-
total
-
-
-
-
Dividends
2 138
2 300
-
-
withholding
107
115
-
-
total
107
115
-
-
Income
2 300
2 300
2 300
2 300
Total tax
139
115
460
23
After tax
2 161
2 185
1 840
2 277
Living cost
129
129
129
129
Free-cash
2 032
2 056
1 711
2 148

Estimated living cost  is $129 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
$728
$988
$737
$882
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
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
-
-
-
251
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.

-
-
-
736
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
total
-
-
-
1 108
Employee

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

587
-
2 300
-
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
-
40
-
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
-
736
-
total
132
-
857
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 713
2 300
-
-
trade
246
330
-
-
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
-
-
chamber of commerce
4
5
-
-
income
257
345
-
-
total
521
699
-
-
Dividends
1 192
1 601
-
-
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
-
-
withholding
294
396
-
-
total
310
418
-
-
Income
2 300
2 300
2 300
2 300
Total tax
963
1 117
857
1 108
After tax
1 337
1 183
1 443
1 192
Living cost
455
455
455
455
Free-cash
882
728
988
737

Estimated living cost  is $455 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
$803
$1086
$810
$933
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
2 300
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
-
-
-
276
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.

-
-
-
736
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
total
-
-
-
1 133
Employee

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

451
-
2 300
-
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
-
40
-
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
-
736
-
total
95
-
857
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 849
2 300
-
-
trade
291
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.

15
19
-
-
chamber of commerce
4
5
-
-
income
277
345
-
-
total
587
731
-
-
Dividends
1 261
1 569
-
-
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
-
-
withholding
311
388
-
-
total
328
409
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 010
1 140
857
1 133
After tax
1 290
1 160
1 443
1 167
Living cost
357
357
357
357
Free-cash
933
803
1 086
810

Estimated living cost  is $357 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
$685
$980
$692
$850
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
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
-
-
-
288
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.

-
-
-
736
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
total
-
-
-
1 145
Employee

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

598
-
2 300
-
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
-
40
-
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
-
736
-
total
135
-
857
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 702
2 300
-
-
trade
280
378
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

14
19
-
-
chamber of commerce
4
5
-
-
income
255
345
-
-
total
553
747
-
-
Dividends
1 149
1 553
-
-
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
21
-
-
withholding
283
384
-
-
total
299
405
-
-
Income
2 300
2 300
2 300
2 300
Total tax
987
1 152
857
1 145
After tax
1 313
1 148
1 443
1 155
Living cost
463
463
463
463
Free-cash
850
685
980
692

Estimated living cost  is $463 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
$596
$903
$603
$787
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
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
-
-
-
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.

-
-
-
736
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
total
-
-
-
1 157
Employee

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

709
-
2 300
-
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
-
40
-
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
-
736
-
total
169
-
857
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 591
2 300
-
-
trade
273
394
-
-
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
-
-
chamber of commerce
4
5
-
-
income
239
345
-
-
total
529
763
-
-
Dividends
1 063
1 537
-
-
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
-
-
withholding
261
380
-
-
total
275
401
-
-
Income
2 300
2 300
2 300
2 300
Total tax
973
1 164
857
1 157
After tax
1 327
1 136
1 443
1 143
Living cost
540
540
540
540
Free-cash
787
596
903
603

Estimated living cost  is $540 per week

$394
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.
$95
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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
$1182
$747
$820
$1144
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
-
-
-
3
health
-
-
-
112
pensions
-
-
-
315
other
-
-
-
-
income
-
-
-
676
surtax
-
-
-
109
total
-
-
-
1 215
Employee
397
-
1 969
-
health
10
-
40
-
pensions
26
-
105
-
surtax
1
-
95
-
other
-
-
-
-
unemployment
28
-
110
-
income
67
-
606
-
total
132
-
956
-
Employer
397
-
1 969
-
pensions
53
-
210
-
unemployment
13
-
50
-
health
18
-
72
-
other
-
-
-
-
total
84
-
332
-
Corporate
1 819
2 300
-
-
income
473
598
-
-
total
473
598
-
-
Dividends
1 346
1 702
-
-
withholding
202
255
-
-
total
202
255
-
-
Income
2 300
2 300
2 300
2 300
Total tax
891
853
1 288
1 215
After tax
1 409
1 447
1 012
1 085
Living cost
265
265
265
265
Free-cash
1 144
1 182
747
820

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
$1187
$752
$825
$1151
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
-
-
-
3
health
-
-
-
112
pensions
-
-
-
315
other
-
-
-
-
income
-
-
-
676
surtax
-
-
-
109
total
-
-
-
1 215
Employee
390
-
1 969
-
health
10
-
40
-
pensions
26
-
105
-
surtax
1
-
95
-
other
-
-
-
-
unemployment
27
-
110
-
income
65
-
606
-
total
129
-
956
-
Employer
390
-
1 969
-
pensions
52
-
210
-
unemployment
12
-
50
-
health
18
-
72
-
other
-
-
-
-
total
82
-
332
-
Corporate
1 828
2 300
-
-
income
475
598
-
-
total
475
598
-
-
Dividends
1 353
1 702
-
-
withholding
203
255
-
-
total
203
255
-
-
Income
2 300
2 300
2 300
2 300
Total tax
889
853
1 288
1 215
After tax
1 411
1 447
1 012
1 085
Living cost
260
260
260
260
Free-cash
1 151
1 187
752
825

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
$1060
$1101
$1360
$1063
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
-
-
-
35
health
-
-
-
161
pensions
-
-
-
230
income
-
-
-
281
total
-
-
-
707
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.

337
134
1 925
-
health
24
9
135
-
pensions
34
13
192
-
unemployment
5
2
29
-
income
41
16
235
-
total
104
40
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.

337
134
1 925
-
pensions
66
26
375
-
total
66
26
375
-
Corporate
1 897
2 140
-
-
income
171
193
-
-
total
171
193
-
-
Dividends
1 727
1 947
-
-
withholding
328
370
-
-
social contributions
335
378
-
-
total
663
748
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 004
1 007
966
707
After tax
1 296
1 293
1 334
1 593
Living cost
233
233
233
233
Free-cash
1 063
1 060
1 101
1 360

Estimated living cost  is $233 per week

$159
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
$838
$751
$738
$829
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
-
-
-
25
municipal
-
-
-
254
pensions
-
-
-
276
national
-
-
-
410
total
-
-
-
965
Employee
925
-
1 988
-
municipal
114
-
262
-
pensions
37
-
80
-
national
177
-
430
-
total
328
-
772
-
Employer
925
-
1 988
-
social contributions
10
-
21
-
pensions
74
-
159
-
total
84
-
180
-
Corporate
1 230
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%.

246
460
-
-
total
246
460
-
-
Dividends
984
1 840
-
-
withholding
216
405
-
-
total
216
405
-
-
Income
2 300
2 300
2 300
2 300
Total tax
874
865
952
965
After tax
1 426
1 435
1 348
1 335
Living cost
597
597
597
597
Free-cash
829
838
751
738

Estimated living cost  is $597 per week

$406
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
$938
$514
$514
$964
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
-
-
-
389
income
-
-
-
725
total
-
-
-
1 114
Employee
922
-
2 300
-
social contributions
77
-
389
-
income
174
-
725
-
total
251
-
1 114
-
Employer
922
-
2 300
-
total
-
-
-
-
Corporate
1 378
2 300
-
-
income
172
287
-
-
total
172
287
-
-
Dividends
1 205
2 013
-
-
withholding
241
403
-
-
total
241
403
-
-
Income
2 300
2 300
2 300
2 300
Total tax
664
690
1 114
1 114
After tax
1 636
1 610
1 186
1 186
Living cost
672
672
672
672
Free-cash
964
938
514
514

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
$729
$485
$589
$666
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
regional
-
-
-
27
social contributions
-
-
-
590
municipal
-
-
-
14
national
-
-
-
582
total
-
-
-
1 213
Employee
1 048
-
2 300
-
regional
10
-
24
-
municipal
6
-
12
-
social contributions
353
-
774
-
national
182
-
507
-
total
551
-
1 317
-
Employer
1 048
-
2 300
-
total
-
-
-
-
Corporate
1 252
2 300
-
-
nationa
301
552
-
-
municipal
49
90
-
-
total
350
642
-
-
Dividends
903
1 658
-
-
withholding
235
431
-
-
total
235
431
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 136
1 073
1 317
1 213
After tax
1 164
1 227
983
1 087
Living cost
498
498
498
498
Free-cash
666
729
485
589

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.
$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
Naples , Italy
$891
$658
$761
$864
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
regional
-
-
-
35
social contributions
-
-
-
590
municipal
-
-
-
14
national
-
-
-
582
total
-
-
-
1 221
Employee
654
-
2 300
-
regional
9
-
31
-
municipal
3
-
12
-
social contributions
221
-
774
-
national
104
-
507
-
total
337
-
1 324
-
Employer
654
-
2 300
-
total
-
-
-
-
Corporate
1 646
2 300
-
-
nationa
395
552
-
-
municipal
82
114
-
-
total
477
666
-
-
Dividends
1 169
1 634
-
-
withholding
304
425
-
-
total
304
425
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 118
1 091
1 324
1 221
After tax
1 182
1 209
976
1 079
Living cost
318
318
318
318
Free-cash
864
891
658
761

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.
$82
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.