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
$ 2350
per

Your estimated
City
free-cash

Andorra , Andorra
$1356
$1705
$1419
$1747
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
-
-
-
2 350
social contributions
-
-
-
517
income
-
-
-
109
total
-
-
-
626
Employee
393
-
2 035
-
social contributions
26
-
132
-
income
-
-
116
-
total
26
-
248
-
Employer
393
-
2 035
-
social contributions
61
-
315
-
total
61
-
315
-
Corporate
1 896
2 350
-
-
income
190
235
-
-
total
190
235
-
-
Dividends
1 706
2 115
-
-
total
-
-
-
-
Income
2 350
2 350
2 350
2 350
Total tax
277
235
563
626
After tax
2 073
2 115
1 787
1 724
Living cost
368
368
368
368
Free-cash
1 705
1 747
1 419
1 356

Estimated living cost  is $368 per week

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

Additional information

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

Graz , Austria
$820
$904
$232
$909
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
-
-
-
2 350
surtax
-
-
-
-
unemployment
-
-
-
75
health
-
-
-
109
chamber of commerce
-
-
-
9
pensions
-
-
-
264
income
-
-
-
683
total
-
-
-
1 140
Employee
535
488
1 904
-
unemployment
16
15
43
-
other
5
5
14
-
income
48
36
560
-
pensions
55
50
146
-
health
21
19
55
-
total
145
125
818
-
Employer
535
488
1 904
-
pensions
67
61
179
-
surtax
-
-
-
-
payroll
16
15
57
-
other
25
23
86
-
health
20
18
54
-
accident
7
6
19
-
unemployment
16
15
43
-
chamber of commerce
2
2
8
-
total
153
140
446
-
Corporate
1 661
1 722
1 858
-
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.

415
431
464
-
total
415
431
464
-
Dividends
1 246
1 292
-
-
withholding
343
355
-
-
total
343
355
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 056
1 051
1 728
1 140
After tax
1 294
1 299
622
1 210
Living cost
390
390
390
390
Free-cash
904
909
232
820

Estimated living cost  is $390 per week

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

Additional information

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

Vienna , Austria
$777
$849
$190
$867
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
-
-
-
2 350
surtax
-
-
-
2
unemployment
-
-
-
75
health
-
-
-
109
chamber of commerce
-
-
-
9
pensions
-
-
-
264
income
-
-
-
683
total
-
-
-
1 142
Employee
612
488
1 902
-
unemployment
18
15
43
-
other
6
5
14
-
income
70
36
559
-
pensions
63
50
146
-
health
24
19
55
-
total
181
125
817
-
Employer
612
488
1 902
-
pensions
77
61
179
-
surtax
2
2
2
-
payroll
18
15
57
-
other
29
23
86
-
health
23
18
54
-
accident
8
6
19
-
unemployment
18
15
43
-
chamber of commerce
2
2
8
-
total
177
142
448
-
Corporate
1 560
1 720
1 855
-
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.

390
430
464
-
total
390
430
464
-
Dividends
1 170
1 290
-
-
withholding
322
355
-
-
total
322
355
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 070
1 052
1 729
1 142
After tax
1 280
1 298
621
1 208
Living cost
431
431
431
431
Free-cash
849
867
190
777

Estimated living cost  is $431 per week

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

Additional information

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

Brussels , Belgium
$574
$683
$369
$866
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
-
-
-
2 350
national
-
-
-
902
communal

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

-
-
-
123
social contributions
-
-
-
305
total
-
-
-
1 330
Employee

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

875
-
1 820
-
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
-
16
-
national
269
-
671
-
communal

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

46
-
95
-
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
-
137
-
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
-
86
-
total
430
-
1 005
-
Employer

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

875
-
1 820
-
surtax
99
-
206
-
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
-
161
-
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
-
112
-
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
-
24
-
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
-
27
-
total
255
-
530
-
Corporate
1 220
2 350
-
-
income
244
473
-
-
surtax
5
9
-
-
total
249
482
-
-
Dividends
971
1 868
-
-
withholding

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

287
556
-
-
total
287
556
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 221
1 038
1 535
1 330
After tax
1 129
1 312
815
1 020
Living cost
446
446
446
446
Free-cash
683
866
369
574

Estimated living cost  is $446 per week

$287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$39
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sofia , Bulgaria
$1673
$1724
$1767
$1799
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
-
-
-
2 350
unemployment
-
-
-
2
health
-
-
-
49
pensions

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

-
-
-
63
income
-
-
-
353
total
-
-
-
467
Employee
278
-
2 266
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
income
28
-
227
-
pensions

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

24
-
37
-
health
13
-
20
-
total
68
-
289
-
Employer
278
-
2 266
-
pensions

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

31
-
47
-
health
19
-
29
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
unemployment
2
-
3
-
total
55
-
84
-
Corporate
2 017
2 350
-
-
income
202
235
-
-
total
202
235
-
-
Dividends
1 815
2 115
-
-
withholding
91
106
-
-
total
91
106
-
-
Income
2 350
2 350
2 350
2 350
Total tax
416
341
373
467
After tax
1 934
2 009
1 977
1 883
Living cost
210
210
210
210
Free-cash
1 724
1 799
1 767
1 673

Estimated living cost  is $210 per week

$139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$54
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
$1723
$1793
$1817
$1849
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
-
-
-
2 350
unemployment
-
-
-
2
health
-
-
-
49
pensions

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

-
-
-
63
income
-
-
-
353
total
-
-
-
467
Employee
212
-
2 266
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
income
21
-
227
-
pensions

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

19
-
37
-
health
10
-
20
-
total
52
-
289
-
Employer
212
-
2 266
-
pensions

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

23
-
47
-
health
15
-
29
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
unemployment
1
-
3
-
total
41
-
84
-
Corporate
2 096
2 350
-
-
income
210
235
-
-
total
210
235
-
-
Dividends
1 887
2 115
-
-
withholding
94
106
-
-
total
94
106
-
-
Income
2 350
2 350
2 350
2 350
Total tax
397
341
373
467
After tax
1 953
2 009
1 977
1 883
Living cost
160
160
160
160
Free-cash
1 793
1 849
1 817
1 723

Estimated living cost  is $160 per week

$94
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$11
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$51
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Larnaca , Cyprus
$1313
$1364
$1294
$1432
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
-
-
-
2 350
health
-
-
-
60
social contributions
-
-
-
198
income
-
-
-
496
total
-
-
-
754
Employee
941
941
2 204
-
income
102
87
485
-
social contributions
36
78
105
-
health
7
16
37
-
total
145
181
627
-
Employer
941
941
2 204
-
social contributions
36
78
105
-
health
8
17
41
-
total
44
95
146
-
Corporate
1 878
1 314
-
-
income
235
164
-
-
total
235
164
-
-
Dividends
1 643
1 149
-
-
withholding
279
195
-
-
total
279
195
-
-
Income
2 350
2 350
2 350
2 350
Total tax
703
635
773
754
After tax
1 647
1 715
1 577
1 596
Living cost
283
283
283
283
Free-cash
1 364
1 432
1 294
1 313

Estimated living cost  is $283 per week

$170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$28
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$79
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
$1199
$1266
$1180
$1318
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
-
-
-
2 350
health
-
-
-
60
social contributions
-
-
-
198
income
-
-
-
496
total
-
-
-
754
Employee
941
941
2 204
-
income
99
87
485
-
social contributions
46
78
105
-
health
9
16
37
-
total
154
181
627
-
Employer
941
941
2 204
-
social contributions
46
78
105
-
health
10
17
41
-
total
56
95
146
-
Corporate
1 743
1 314
-
-
income
218
164
-
-
total
218
164
-
-
Dividends
1 525
1 149
-
-
withholding
259
195
-
-
total
259
195
-
-
Income
2 350
2 350
2 350
2 350
Total tax
687
635
773
754
After tax
1 663
1 715
1 577
1 596
Living cost
397
397
397
397
Free-cash
1 266
1 318
1 180
1 199

Estimated living cost  is $397 per week

$271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$31
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$88
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Brno , Czech Republic
$1085
$1235
$985
$1335
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
-
-
-
2 350
health
-
-
-
317
social contributions
-
-
-
406
income
-
-
-
244
solidarity contribution
-
-
-
16
total
-
-
-
983
Employee
415
-
1 837
-
income
50
-
225
-
social contributions
27
-
90
-
health
56
-
248
-
solidarity contribution
-
-
7
-
total
133
-
570
-
Employer
415
-
1 837
-
social contributions
104
-
348
-
health
37
-
165
-
total
141
-
513
-
Corporate
1 794
2 350
-
-
income
341
447
-
-
total
341
447
-
-
Dividends
1 453
1 903
-
-
withholding
218
286
-
-
total
218
286
-
-
Income
2 350
2 350
2 350
2 350
Total tax
833
733
1 083
983
After tax
1 517
1 617
1 267
1 367
Living cost
282
282
282
282
Free-cash
1 235
1 335
985
1 085

Estimated living cost  is $282 per week

$196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$61
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
$1019
$1147
$919
$1269
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
-
-
-
2 350
health
-
-
-
317
social contributions
-
-
-
406
income
-
-
-
244
solidarity contribution
-
-
-
16
total
-
-
-
983
Employee
512
-
1 837
-
income
61
-
225
-
social contributions
33
-
90
-
health
69
-
248
-
solidarity contribution
-
-
7
-
total
163
-
570
-
Employer
512
-
1 837
-
social contributions
128
-
348
-
health
46
-
165
-
total
174
-
513
-
Corporate
1 664
2 350
-
-
income
316
447
-
-
total
316
447
-
-
Dividends
1 348
1 903
-
-
withholding
202
286
-
-
total
202
286
-
-
Income
2 350
2 350
2 350
2 350
Total tax
855
733
1 083
983
After tax
1 495
1 617
1 267
1 367
Living cost
348
348
348
348
Free-cash
1 147
1 269
919
1 019

Estimated living cost  is $348 per week

$259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$19
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Copenhagen , Denmark
$784
-$324
-$324
-$324
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
-
-
-
2 350
national
-
-
-
282
pensions
-
-
-
11
municipal
-
-
-
495
labour market
-
-
-
187
total
-
-
-
975
Employee
2 495
2 495
2 495
-
municipal
531
531
531
-
national
305
305
305
-
pensions
4
4
4
-
labour market
199
199
199
-
total
1 039
1 039
1 039
-
Employer
2 495
2 495
2 495
-
pensions
7
7
7
-
labour market
200
200
200
-
municipal
532
532
532
-
national
305
305
305
-
total
1 044
1 044
1 044
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 350
2 350
2 350
2 350
Total tax
2 083
2 083
2 083
975
After tax
267
267
267
1 375
Living cost
591
591
591
591
Free-cash
-324
-324
-324
784

Estimated living cost  is $591 per week

$405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$52
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$9
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
$964
$1508
$1059
$1584
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 350
health
-
-
-
305
pensions
-
-
-
470
income
-
-
-
315
total
-
-
-
1 090
Employee
347
-
1 756
-
unemployment
6
-
28
-
income
39
-
339
-
pensions
7
-
35
-
total
52
-
402
-
Employer
347
-
1 756
-
pensions
69
-
351
-
health
45
-
228
-
unemployment
3
-
14
-
total
117
-
593
-
Corporate
1 886
2 350
-
-
income
377
470
-
-
total
377
470
-
-
Dividends
1 508
1 880
-
-
total
-
-
-
-
Income
2 350
2 350
2 350
2 350
Total tax
546
470
995
1 090
After tax
1 804
1 880
1 355
1 260
Living cost
296
296
296
296
Free-cash
1 508
1 584
1 059
964

Estimated living cost  is $296 per week

$203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$69
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Helsinki , Finland
$1018
$1025
$749
$990
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

-
-
-
2 350
national
-
-
-
414
health
-
-
-
31
municipal
-
-
-
417
total
-
-
-
862
Employee
644
-
1 977
-
unemployment
10
-
30
-
municipal
105
-
322
-
national
11
-
248
-
pensions
43
-
133
-
health
5
-
25
-
total
174
-
758
-
Employer
644
-
1 977
-
pensions
112
-
343
-
health
5
-
15
-
accident
1
-
2
-
unemployment
4
-
13
-
total
122
-
373
-
Corporate
1 585
2 350
-
-
income
317
470
-
-
total
317
470
-
-
Dividends

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

951
1 410
-
-
municipal
171
254
-
-
national
71
166
-
-
total
242
420
-
-
Income
2 350
2 350
2 350
2 350
Total tax
855
890
1 131
862
After tax
1 495
1 460
1 219
1 488
Living cost
470
470
470
470
Free-cash
1 025
990
749
1 018

Estimated living cost  is $470 per week

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

Additional information

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

Marseille , France
$945
$876
$893
$807
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
-
-
-
2 350
surtax
-
-
-
-
health
-
-
-
105
pensions
-
-
-
400
social contributions
-
-
-
67
income
-
-
-
383
other
-
-
-
73
total
-
-
-
1 028
Employee
467
-
1 810
-
income
24
-
360
-
surtax
-
-
-
-
social contributions
13
-
52
-
pensions
53
-
129
-
total
90
-
541
-
Employer
467
-
1 810
-
pensions
77
-
217
-
social contributions
1
-
5
-
other
16
-
72
-
health
33
-
172
-
unemployment
19
-
73
-
total
146
-
539
-
Corporate
1 737
2 350
-
-
income
486
658
-
-
surtax
-
-
-
-
total
486
658
-
-
Dividends
1 250
1 692
-
-
withholding
160
217
-
-
social contributions
215
291
-
-
surtax
-
-
-
-
total
375
508
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 097
1 166
1 080
1 028
After tax
1 253
1 184
1 270
1 322
Living cost
377
377
377
377
Free-cash
876
807
893
945

Estimated living cost  is $377 per week

$219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$38
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
$903
$837
$851
$765
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
-
-
-
2 350
surtax
-
-
-
-
health
-
-
-
105
pensions
-
-
-
400
social contributions
-
-
-
67
income
-
-
-
383
other
-
-
-
73
total
-
-
-
1 028
Employee
524
-
1 810
-
income
31
-
360
-
surtax
-
-
-
-
social contributions
15
-
52
-
pensions
59
-
129
-
total
105
-
541
-
Employer
524
-
1 810
-
pensions
86
-
217
-
social contributions
2
-
5
-
other
18
-
72
-
health
37
-
172
-
unemployment
21
-
73
-
total
164
-
539
-
Corporate
1 663
2 350
-
-
income
466
658
-
-
surtax
-
-
-
-
total
466
658
-
-
Dividends
1 197
1 692
-
-
withholding
153
217
-
-
social contributions
206
291
-
-
surtax
-
-
-
-
total
359
508
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 094
1 166
1 080
1 028
After tax
1 256
1 184
1 270
1 322
Living cost
419
419
419
419
Free-cash
837
765
851
903

Estimated living cost  is $419 per week

$264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Paris , France
$731
$678
$679
$593
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
-
-
-
2 350
surtax
-
-
-
-
health
-
-
-
105
pensions
-
-
-
400
social contributions
-
-
-
67
income
-
-
-
383
other
-
-
-
73
total
-
-
-
1 028
Employee
766
-
1 810
-
income
67
-
360
-
surtax
-
-
-
-
social contributions
22
-
52
-
pensions
87
-
129
-
total
176
-
541
-
Employer
766
-
1 810
-
pensions
126
-
217
-
social contributions
2
-
5
-
other
26
-
72
-
health
54
-
172
-
unemployment
31
-
73
-
total
239
-
539
-
Corporate
1 344
2 350
-
-
income
376
658
-
-
surtax
-
-
-
-
total
376
658
-
-
Dividends
968
1 692
-
-
withholding
124
217
-
-
social contributions
166
291
-
-
surtax
-
-
-
-
total
290
508
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 081
1 166
1 080
1 028
After tax
1 269
1 184
1 270
1 322
Living cost
591
591
591
591
Free-cash
678
593
679
731

Estimated living cost  is $591 per week

$400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$48
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
$2246
$2138
$1800
$2154
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%.

-
-
-
2 350
microenterprise

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

-
-
-
24
total
-
-
-
24
Employee
99
-
2 350
-
income
20
-
470
-
total
20
-
470
-
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%.

2 251
2 350
-
-
total
-
-
-
-
Dividends
2 251
2 350
-
-
withholding
113
117
-
-
total
113
117
-
-
Income
2 350
2 350
2 350
2 350
Total tax
133
117
470
24
After tax
2 217
2 233
1 880
2 326
Living cost
80
80
80
80
Free-cash
2 138
2 154
1 800
2 246

Estimated living cost  is $80 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
$2202
$2085
$1756
$2109
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%.

-
-
-
2 350
microenterprise

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

-
-
-
24
total
-
-
-
24
Employee
155
-
2 350
-
income
31
-
470
-
total
31
-
470
-
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%.

2 195
2 350
-
-
total
-
-
-
-
Dividends
2 195
2 350
-
-
withholding
110
117
-
-
total
110
117
-
-
Income
2 350
2 350
2 350
2 350
Total tax
141
117
470
24
After tax
2 209
2 233
1 880
2 326
Living cost
124
124
124
124
Free-cash
2 085
2 109
1 756
2 202

Estimated living cost  is $124 per week

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

Additional information

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

Berlin , Germany
$749
$898
$1005
$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

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

-
-
-
2 350
surtax

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

-
-
-
41
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.

-
-
-
748
trade
-
-
-
256
total
-
-
-
1 129
Employee

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

609
-
2 350
-
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
-
748
-
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
-
41
-
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
-
873
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 741
2 350
-
-
trade
250
337
-
-
income
261
352
-
-
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
529
713
-
-
Dividends
1 211
1 636
-
-
withholding
298
404
-
-
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
314
426
-
-
Income
2 350
2 350
2 350
2 350
Total tax
980
1 139
873
1 129
After tax
1 370
1 211
1 477
1 221
Living cost
472
472
472
472
Free-cash
898
739
1 005
749

Estimated living cost  is $472 per week

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

Additional information

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

Dresden , Germany
$825
$949
$1106
$815
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.

-
-
-
2 350
surtax

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

-
-
-
41
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.

-
-
-
748
trade
-
-
-
281
total
-
-
-
1 154
Employee

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

468
-
2 350
-
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
-
748
-
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
-
41
-
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
-
873
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 882
2 350
-
-
trade
296
370
-
-
income
282
352
-
-
chamber of commerce
5
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.

16
19
-
-
total
599
746
-
-
Dividends
1 283
1 603
-
-
withholding
316
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.

17
22
-
-
total
333
418
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 030
1 164
873
1 154
After tax
1 320
1 186
1 477
1 196
Living cost
371
371
371
371
Free-cash
949
815
1 106
825

Estimated living cost  is $371 per week

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

Additional information

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

Hamburg , Germany
$703
$864
$996
$692
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.

-
-
-
2 350
surtax

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

-
-
-
41
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.

-
-
-
748
trade
-
-
-
293
total
-
-
-
1 166
Employee

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

621
-
2 350
-
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
-
748
-
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
-
41
-
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
-
873
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 729
2 350
-
-
trade
285
387
-
-
income
259
352
-
-
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
562
763
-
-
Dividends
1 167
1 586
-
-
withholding
287
392
-
-
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
303
414
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 005
1 177
873
1 166
After tax
1 345
1 173
1 477
1 184
Living cost
481
481
481
481
Free-cash
864
692
996
703

Estimated living cost  is $481 per week

$321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$51
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Munich , Germany
$611
$798
$916
$601
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.

-
-
-
2 350
surtax

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

-
-
-
41
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.

-
-
-
748
trade
-
-
-
305
total
-
-
-
1 178
Employee

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

735
-
2 350
-
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.

86
-
748
-
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
-
41
-
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
175
-
873
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 615
2 350
-
-
trade
277
403
-
-
income
242
352
-
-
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
536
779
-
-
Dividends
1 078
1 570
-
-
withholding
265
388
-
-
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
280
409
-
-
Income
2 350
2 350
2 350
2 350
Total tax
991
1 188
873
1 178
After tax
1 359
1 162
1 477
1 172
Living cost
561
561
561
561
Free-cash
798
601
916
611

Estimated living cost  is $561 per week

$409
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
$834
$1165
$759
$1203
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
-
-
-
2 350
surtax
-
-
-
110
unemployment
-
-
-
3
health
-
-
-
116
pensions
-
-
-
327
income
-
-
-
685
other
-
-
-
-
total
-
-
-
1 241
Employee
412
-
2 006
-
unemployment
29
-
114
-
other
-
-
-
-
income
69
-
612
-
surtax
1
-
95
-
pensions
27
-
109
-
health
11
-
42
-
total
137
-
972
-
Employer
412
-
2 006
-
pensions
55
-
218
-
other
-
-
-
-
health
19
-
74
-
unemployment
13
-
52
-
total
87
-
344
-
Corporate
1 851
2 350
-
-
income
481
611
-
-
total
481
611
-
-
Dividends
1 370
1 739
-
-
withholding
205
261
-
-
total
205
261
-
-
Income
2 350
2 350
2 350
2 350
Total tax
910
872
1 316
1 241
After tax
1 440
1 478
1 034
1 109
Living cost
275
275
275
275
Free-cash
1 165
1 203
759
834

Estimated living cost  is $275 per week

$166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$24
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$79
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Thessaloniki , Greece
$839
$1171
$764
$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
-
-
-
2 350
surtax
-
-
-
110
unemployment
-
-
-
3
health
-
-
-
116
pensions
-
-
-
327
income
-
-
-
685
other
-
-
-
-
total
-
-
-
1 241
Employee
405
-
2 006
-
unemployment
28
-
114
-
other
-
-
-
-
income
68
-
612
-
surtax
1
-
95
-
pensions
27
-
109
-
health
10
-
42
-
total
134
-
972
-
Employer
405
-
2 006
-
pensions
54
-
218
-
other
-
-
-
-
health
18
-
74
-
unemployment
13
-
52
-
total
85
-
344
-
Corporate
1 860
2 350
-
-
income
484
611
-
-
total
484
611
-
-
Dividends
1 377
1 739
-
-
withholding
206
261
-
-
total
206
261
-
-
Income
2 350
2 350
2 350
2 350
Total tax
909
872
1 316
1 241
After tax
1 441
1 478
1 034
1 109
Living cost
270
270
270
270
Free-cash
1 171
1 208
764
839

Estimated living cost  is $270 per week

$165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$74
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Budapest , Hungary
$1386
$1082
$1120
$1078
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
-
-
-
2 350
unemployment
-
-
-
35
health
-
-
-
164
pensions
-
-
-
235
income
-
-
-
287
total
-
-
-
721
Employee

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

The minimum wage is 138,000 HUF per month.

351
140
1 967
-
unemployment
5
2
29
-
income
43
17
240
-
pensions
35
14
197
-
health
25
10
138
-
total
108
43
604
-
Employer

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

The minimum wage is 138,000 HUF per month.

351
140
1 967
-
pensions
68
27
383
-
total
68
27
383
-
Corporate
1 931
2 183
-
-
income
174
196
-
-
total
174
196
-
-
Dividends
1 757
1 987
-
-
withholding
334
377
-
-
social contributions
341
386
-
-
total
675
763
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 025
1 029
987
721
After tax
1 325
1 321
1 363
1 629
Living cost
243
243
243
243
Free-cash
1 082
1 078
1 120
1 386

Estimated living cost  is $243 per week

$166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$52
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
$767
$864
$778
$873
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
-
-
-
2 350
national
-
-
-
424
pensions
-
-
-
282
social contributions
-
-
-
25
municipal
-
-
-
259
total
-
-
-
990
Employee
919
-
2 032
-
municipal
113
-
269
-
national
176
-
444
-
pensions
37
-
81
-
total
326
-
794
-
Employer
919
-
2 032
-
pensions
73
-
163
-
social contributions
10
-
22
-
total
83
-
185
-
Corporate
1 287
2 350
-
-
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%.

257
470
-
-
total
257
470
-
-
Dividends
1 030
1 880
-
-
withholding
227
414
-
-
total
227
414
-
-
Income
2 350
2 350
2 350
2 350
Total tax
893
884
979
990
After tax
1 457
1 466
1 371
1 360
Living cost
593
593
593
593
Free-cash
864
873
778
767

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
$518
$974
$518
$948
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
-
-
-
2 350
social contributions
-
-
-
397
income
-
-
-
738
total
-
-
-
1 135
Employee
957
-
2 350
-
social contributions
80
-
397
-
income
181
-
738
-
total
261
-
1 135
-
Employer
957
-
2 350
-
total
-
-
-
-
Corporate
1 393
2 350
-
-
income
174
294
-
-
total
174
294
-
-
Dividends
1 219
2 056
-
-
withholding
244
411
-
-
total
244
411
-
-
Income
2 350
2 350
2 350
2 350
Total tax
679
705
1 135
1 135
After tax
1 671
1 645
1 215
1 215
Living cost
697
697
697
697
Free-cash
974
948
518
518

Estimated living cost  is $697 per week

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

Additional information

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

Milan , Italy
$596
$674
$490
$737
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 350
national
-
-
-
592
regional
-
-
-
28
social contributions
-
-
-
604
municipal
-
-
-
14
total
-
-
-
1 238
Employee
1 087
-
2 350
-
municipal
6
-
12
-
national
188
-
515
-
social contributions
367
-
792
-
regional
10
-
25
-
total
571
-
1 344
-
Employer
1 087
-
2 350
-
total
-
-
-
-
Corporate
1 263
2 350
-
-
nationa
303
564
-
-
municipal
49
92
-
-
total
352
656
-
-
Dividends
910
1 694
-
-
withholding
237
441
-
-
total
237
441
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 160
1 097
1 344
1 238
After tax
1 190
1 253
1 006
1 112
Living cost
516
516
516
516
Free-cash
674
737
490
596

Estimated living cost  is $516 per week

$360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Naples , Italy
$775
$877
$669
$905
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 350
national
-
-
-
592
regional
-
-
-
35
social contributions
-
-
-
604
municipal
-
-
-
14
total
-
-
-
1 245
Employee
679
-
2 350
-
municipal
4
-
12
-
national
108
-
515
-
social contributions
229
-
792
-
regional
9
-
32
-
total
350
-
1 351
-
Employer
679
-
2 350
-
total
-
-
-
-
Corporate
1 671
2 350
-
-
nationa
401
564
-
-
municipal
83
117
-
-
total
484
681
-
-
Dividends
1 187
1 669
-
-
withholding
309
434
-
-
total
309
434
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 143
1 115
1 351
1 245
After tax
1 207
1 235
999
1 105
Living cost
330
330
330
330
Free-cash
877
905
669
775

Estimated living cost  is $330 per week

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