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
$ 2400
per

Your estimated
City
free-cash

Andorra , Andorra
$1805
$1465
$1401
$1765
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
-
-
-
2 400
social contributions
-
-
-
528
income
-
-
-
116
total
-
-
-
644
Employee
379
-
2 078
-
social contributions
25
-
135
-
income
-
-
123
-
total
25
-
258
-
Employer
379
-
2 078
-
social contributions
59
-
322
-
total
59
-
322
-
Corporate
1 962
2 400
-
-
income
196
240
-
-
total
196
240
-
-
Dividends
1 766
2 160
-
-
total
-
-
-
-
Income
2 400
2 400
2 400
2 400
Total tax
280
240
580
644
After tax
2 120
2 160
1 820
1 756
Living cost
355
355
355
355
Free-cash
1 765
1 805
1 465
1 401

Estimated living cost  is $355 per week

$229
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$27
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$92
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Graz , Austria
$949
$256
$859
$943
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
-
-
-
2 400
chamber of commerce
-
-
-
10
unemployment
-
-
-
72
health
-
-
-
105
pensions
-
-
-
255
income
-
-
-
722
surtax
-
-
-
-
total
-
-
-
1 164
Employee
516
470
1 961
-
health
20
18
53
-
pensions
53
48
141
-
other
5
5
14
-
unemployment
15
14
41
-
income
46
35
600
-
total
139
120
849
-
Employer
516
470
1 961
-
pensions
65
59
173
-
accident
7
6
18
-
unemployment
15
14
41
-
surtax
-
-
-
-
payroll
15
14
59
-
chamber of commerce
2
2
8
-
health
20
18
52
-
other
25
22
88
-
total
149
135
439
-
Corporate
1 736
1 794
1 916
-
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.

434
449
479
-
total
434
449
479
-
Dividends
1 302
1 346
-
-
withholding
358
370
-
-
total
358
370
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 080
1 074
1 767
1 164
After tax
1 320
1 326
633
1 236
Living cost
377
377
377
377
Free-cash
943
949
256
859

Estimated living cost  is $377 per week

$226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$38
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Vienna , Austria
$909
$217
$818
$890
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
-
-
-
2 400
chamber of commerce
-
-
-
10
unemployment
-
-
-
72
health
-
-
-
105
pensions
-
-
-
255
income
-
-
-
722
surtax
-
-
-
2
total
-
-
-
1 166
Employee
590
470
1 959
-
health
23
18
53
-
pensions
60
48
141
-
other
6
5
14
-
unemployment
18
14
41
-
income
67
35
599
-
total
174
120
848
-
Employer
590
470
1 959
-
pensions
74
59
173
-
accident
8
6
18
-
unemployment
18
14
41
-
surtax
2
2
2
-
payroll
18
14
59
-
chamber of commerce
2
2
8
-
health
22
18
52
-
other
28
22
88
-
total
172
137
441
-
Corporate
1 638
1 792
1 914
-
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.

410
448
478
-
total
410
448
478
-
Dividends
1 229
1 344
-
-
withholding
338
370
-
-
total
338
370
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 094
1 075
1 767
1 166
After tax
1 306
1 325
633
1 234
Living cost
416
416
416
416
Free-cash
890
909
217
818

Estimated living cost  is $416 per week

$277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$35
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$96
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
$902
$398
$613
$734
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
-
-
-
2 400
social contributions
-
-
-
294
communal

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

-
-
-
126
national
-
-
-
937
total
-
-
-
1 357
Employee

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

844
-
1 859
-
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
-
87
-
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
-
139
-
communal

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

44
-
97
-
national
260
-
692
-
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
414
-
1 031
-
Employer

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

844
-
1 859
-
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.

12
-
27
-
surtax
96
-
211
-
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
-
114
-
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
-
165
-
total
246
-
541
-
Corporate
1 310
2 400
-
-
surtax
5
10
-
-
income
262
494
-
-
total
267
504
-
-
Dividends
1 043
1 896
-
-
withholding

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

309
564
-
-
total
309
564
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 236
1 068
1 572
1 357
After tax
1 164
1 332
828
1 043
Living cost
430
430
430
430
Free-cash
734
902
398
613

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
$1849
$1825
$1727
$1775
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
-
-
-
2 400
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
-
-
-
360
total
-
-
-
470
Employee
269
-
2 319
-
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
-
232
-
total
66
-
292
-
Employer
269
-
2 319
-
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
2 079
2 400
-
-
income
208
240
-
-
total
208
240
-
-
Dividends
1 871
2 160
-
-
withholding
94
108
-
-
total
94
108
-
-
Income
2 400
2 400
2 400
2 400
Total tax
422
348
372
470
After tax
1 978
2 052
2 028
1 930
Living cost
203
203
203
203
Free-cash
1 775
1 849
1 825
1 727

Estimated living cost  is $203 per week

$134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$52
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
$1897
$1873
$1775
$1843
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
-
-
-
2 400
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
-
-
-
360
total
-
-
-
470
Employee
205
-
2 319
-
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
-
232
-
total
49
-
292
-
Employer
205
-
2 319
-
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
2 155
2 400
-
-
income
216
240
-
-
total
216
240
-
-
Dividends
1 940
2 160
-
-
withholding
97
108
-
-
total
97
108
-
-
Income
2 400
2 400
2 400
2 400
Total tax
402
348
372
470
After tax
1 998
2 052
2 028
1 930
Living cost
155
155
155
155
Free-cash
1 843
1 897
1 873
1 775

Estimated living cost  is $155 per week

$90
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$11
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$49
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Larnaca , Cyprus
$1478
$1330
$1351
$1413
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
-
-
-
2 400
social contributions
-
-
-
191
health
-
-
-
61
income
-
-
-
524
total
-
-
-
776
Employee
908
908
2 257
-
health
7
15
38
-
social contributions
34
75
102
-
income
99
84
513
-
total
140
174
653
-
Employer
908
908
2 257
-
social contributions
34
75
102
-
health
8
17
42
-
total
42
92
144
-
Corporate
1 945
1 400
-
-
income
243
175
-
-
total
243
175
-
-
Dividends
1 702
1 225
-
-
withholding
289
208
-
-
total
289
208
-
-
Income
2 400
2 400
2 400
2 400
Total tax
714
649
797
776
After tax
1 686
1 751
1 603
1 624
Living cost
273
273
273
273
Free-cash
1 413
1 478
1 330
1 351

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
$1368
$1220
$1241
$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
-
-
-
2 400
social contributions
-
-
-
191
health
-
-
-
61
income
-
-
-
524
total
-
-
-
776
Employee
908
908
2 257
-
health
9
15
38
-
social contributions
44
75
102
-
income
95
84
513
-
total
148
174
653
-
Employer
908
908
2 257
-
social contributions
44
75
102
-
health
10
17
42
-
total
54
92
144
-
Corporate
1 815
1 400
-
-
income
227
175
-
-
total
227
175
-
-
Dividends
1 588
1 225
-
-
withholding
270
208
-
-
total
270
208
-
-
Income
2 400
2 400
2 400
2 400
Total tax
699
649
797
776
After tax
1 701
1 751
1 603
1 624
Living cost
383
383
383
383
Free-cash
1 318
1 368
1 220
1 241

Estimated living cost  is $383 per week

$262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$30
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$85
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Brno , Czech Republic
$1374
$1022
$1125
$1275
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
-
-
-
2 400
social contributions
-
-
-
400
health
-
-
-
324
solidarity contribution
-
-
-
22
income
-
-
-
251
total
-
-
-
997
Employee
408
-
1 888
-
health
55
-
255
-
social contributions
27
-
89
-
solidarity contribution
-
-
12
-
income
49
-
232
-
total
131
-
588
-
Employer
408
-
1 888
-
social contributions
102
-
342
-
health
37
-
170
-
total
139
-
512
-
Corporate
1 853
2 400
-
-
income
352
456
-
-
total
352
456
-
-
Dividends
1 501
1 944
-
-
withholding
225
292
-
-
total
225
292
-
-
Income
2 400
2 400
2 400
2 400
Total tax
847
748
1 100
997
After tax
1 553
1 652
1 300
1 403
Living cost
278
278
278
278
Free-cash
1 275
1 374
1 022
1 125

Estimated living cost  is $278 per week

$193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$60
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
$1310
$958
$1061
$1188
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
-
-
-
2 400
social contributions
-
-
-
400
health
-
-
-
324
solidarity contribution
-
-
-
22
income
-
-
-
251
total
-
-
-
997
Employee
503
-
1 888
-
health
68
-
255
-
social contributions
33
-
89
-
solidarity contribution
-
-
12
-
income
60
-
232
-
total
161
-
588
-
Employer
503
-
1 888
-
social contributions
126
-
342
-
health
45
-
170
-
total
171
-
512
-
Corporate
1 726
2 400
-
-
income
328
456
-
-
total
328
456
-
-
Dividends
1 398
1 944
-
-
withholding
210
292
-
-
total
210
292
-
-
Income
2 400
2 400
2 400
2 400
Total tax
870
748
1 100
997
After tax
1 530
1 652
1 300
1 403
Living cost
342
342
342
342
Free-cash
1 188
1 310
958
1 061

Estimated living cost  is $342 per week

$255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$19
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$63
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Copenhagen , Denmark
-$177
-$177
$828
-$177
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
-
-
-
2 400
labour market
-
-
-
191
municipal
-
-
-
509
pensions
-
-
-
10
national
-
-
-
292
total
-
-
-
1 002
Employee
2 406
2 406
2 406
-
municipal
512
512
512
-
pensions
3
3
3
-
national
294
294
294
-
labour market
192
192
192
-
total
1 001
1 001
1 001
-
Employer
2 406
2 406
2 406
-
labour market
192
192
192
-
national
294
294
294
-
municipal
513
513
513
-
pensions
7
7
7
-
total
1 006
1 006
1 006
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 400
2 400
2 400
2 400
Total tax
2 007
2 007
2 007
1 002
After tax
393
393
393
1 398
Living cost
570
570
570
570
Free-cash
-177
-177
-177
828

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
$1635
$1098
$1001
$1561
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
-
-
-
2 400
health
-
-
-
312
pensions
-
-
-
480
income
-
-
-
322
total
-
-
-
1 114
Employee
335
-
1 794
-
pensions
7
-
36
-
unemployment
5
-
29
-
income
38
-
346
-
total
50
-
411
-
Employer
335
-
1 794
-
pensions
67
-
359
-
unemployment
3
-
14
-
health
44
-
233
-
total
114
-
606
-
Corporate
1 952
2 400
-
-
income
390
480
-
-
total
390
480
-
-
Dividends
1 562
1 920
-
-
total
-
-
-
-
Income
2 400
2 400
2 400
2 400
Total tax
554
480
1 017
1 114
After tax
1 846
1 920
1 383
1 286
Living cost
285
285
285
285
Free-cash
1 561
1 635
1 098
1 001

Estimated living cost  is $285 per week

$196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$67
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Helsinki , Finland
$1031
$774
$1049
$1067
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

-
-
-
2 400
health
-
-
-
32
municipal
-
-
-
426
national
-
-
-
440
total
-
-
-
898
Employee
621
-
2 019
-
health
5
-
26
-
municipal
102
-
329
-
pensions
42
-
136
-
national
10
-
271
-
unemployment
9
-
30
-
total
168
-
792
-
Employer
621
-
2 019
-
accident
1
-
2
-
unemployment
4
-
13
-
health
5
-
16
-
pensions
108
-
350
-
total
118
-
381
-
Corporate
1 662
2 400
-
-
income
332
480
-
-
total
332
480
-
-
Dividends

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

997
1 440
-
-
municipal
179
259
-
-
national
83
177
-
-
total
262
436
-
-
Income
2 400
2 400
2 400
2 400
Total tax
880
916
1 173
898
After tax
1 520
1 484
1 227
1 502
Living cost
453
453
453
453
Free-cash
1 067
1 031
774
1 049

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
$846
$917
$972
$911
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
-
-
-
2 400
social contributions
-
-
-
68
health
-
-
-
112
pensions
-
-
-
397
other
-
-
-
74
income
-
-
-
413
surtax
-
-
-
-
total
-
-
-
1 064
Employee
451
-
1 842
-
income
23
-
373
-
social contributions
13
-
52
-
pensions
51
-
135
-
surtax
-
-
-
-
total
87
-
560
-
Employer
451
-
1 842
-
pensions
74
-
225
-
social contributions
1
-
6
-
unemployment
18
-
75
-
health
32
-
178
-
other
16
-
75
-
total
141
-
559
-
Corporate
1 808
2 400
-
-
surtax
-
-
-
-
income
506
672
-
-
total
506
672
-
-
Dividends
1 302
1 728
-
-
surtax
-
-
-
-
withholding
167
221
-
-
social contributions
224
297
-
-
total
391
518
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 125
1 190
1 119
1 064
After tax
1 275
1 210
1 281
1 336
Living cost
364
364
364
364
Free-cash
911
846
917
972

Estimated living cost  is $364 per week

$211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$37
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
$806
$877
$932
$877
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
-
-
-
2 400
social contributions
-
-
-
68
health
-
-
-
112
pensions
-
-
-
397
other
-
-
-
74
income
-
-
-
413
surtax
-
-
-
-
total
-
-
-
1 064
Employee
505
-
1 842
-
income
30
-
373
-
social contributions
14
-
52
-
pensions
57
-
135
-
surtax
-
-
-
-
total
101
-
560
-
Employer
505
-
1 842
-
pensions
83
-
225
-
social contributions
2
-
6
-
unemployment
20
-
75
-
health
35
-
178
-
other
17
-
75
-
total
157
-
559
-
Corporate
1 737
2 400
-
-
surtax
-
-
-
-
income
486
672
-
-
total
486
672
-
-
Dividends
1 251
1 728
-
-
surtax
-
-
-
-
withholding
160
221
-
-
social contributions
215
297
-
-
total
375
518
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 119
1 190
1 119
1 064
After tax
1 281
1 210
1 281
1 336
Living cost
404
404
404
404
Free-cash
877
806
877
932

Estimated living cost  is $404 per week

$255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$33
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Paris , France
$640
$711
$766
$721
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
-
-
-
2 400
social contributions
-
-
-
68
health
-
-
-
112
pensions
-
-
-
397
other
-
-
-
74
income
-
-
-
413
surtax
-
-
-
-
total
-
-
-
1 064
Employee
739
-
1 842
-
income
64
-
373
-
social contributions
21
-
52
-
pensions
84
-
135
-
surtax
-
-
-
-
total
169
-
560
-
Employer
739
-
1 842
-
pensions
121
-
225
-
social contributions
2
-
6
-
unemployment
30
-
75
-
health
52
-
178
-
other
26
-
75
-
total
231
-
559
-
Corporate
1 430
2 400
-
-
surtax
-
-
-
-
income
400
672
-
-
total
400
672
-
-
Dividends
1 030
1 728
-
-
surtax
-
-
-
-
withholding
132
221
-
-
social contributions
177
297
-
-
total
309
518
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 109
1 190
1 119
1 064
After tax
1 291
1 210
1 281
1 336
Living cost
570
570
570
570
Free-cash
721
640
711
766

Estimated living cost  is $570 per week

$386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$47
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
$2197
$1837
$2293
$2181
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%.

-
-
-
2 400
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
104
-
2 400
-
income
21
-
480
-
total
21
-
480
-
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%.

2 296
2 400
-
-
total
-
-
-
-
Dividends
2 296
2 400
-
-
withholding
115
120
-
-
total
115
120
-
-
Income
2 400
2 400
2 400
2 400
Total tax
136
120
480
24
After tax
2 264
2 280
1 920
2 376
Living cost
83
83
83
83
Free-cash
2 181
2 197
1 837
2 293

Estimated living cost  is $83 per week

$52
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$7
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$2
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$22
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Tbilisi , Georgia
$2150
$1790
$2246
$2126
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%.

-
-
-
2 400
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
162
-
2 400
-
income
32
-
480
-
total
32
-
480
-
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%.

2 238
2 400
-
-
total
-
-
-
-
Dividends
2 238
2 400
-
-
withholding
112
120
-
-
total
112
120
-
-
Income
2 400
2 400
2 400
2 400
Total tax
144
120
480
24
After tax
2 256
2 280
1 920
2 376
Living cost
130
130
130
130
Free-cash
2 126
2 150
1 790
2 246

Estimated living cost  is $130 per week

$88
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$5
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$32
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
$779
$1043
$777
$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.

-
-
-
2 400
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
-
-
-
266
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.

-
-
-
777
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.

-
-
-
43
total
-
-
-
1 167
Employee

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

587
-
2 400
-
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
-
43
-
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
-
777
-
total
132
-
901
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 813
2 400
-
-
trade
260
344
-
-
surtax

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

15
20
-
-
chamber of commerce
4
5
-
-
income
272
360
-
-
total
551
729
-
-
Dividends
1 261
1 670
-
-
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
23
-
-
withholding
311
413
-
-
total
328
436
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 011
1 165
901
1 167
After tax
1 389
1 235
1 499
1 233
Living cost
456
456
456
456
Free-cash
933
779
1 043
777

Estimated living cost  is $456 per week

$314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$49
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$86
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Dresden , Germany
$852
$1142
$849
$982
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.

-
-
-
2 400
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
-
-
-
292
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.

-
-
-
777
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.

-
-
-
43
total
-
-
-
1 193
Employee

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

451
-
2 400
-
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
-
43
-
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
-
777
-
total
95
-
901
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 949
2 400
-
-
trade
307
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.

16
20
-
-
chamber of commerce
5
5
-
-
income
292
360
-
-
total
620
763
-
-
Dividends
1 329
1 637
-
-
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.

18
22
-
-
withholding
328
405
-
-
total
346
427
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 061
1 190
901
1 193
After tax
1 339
1 210
1 499
1 207
Living cost
358
358
358
358
Free-cash
982
852
1 142
849

Estimated living cost  is $358 per week

$225
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$42
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$84
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Hamburg , Germany
$733
$1035
$730
$901
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.

-
-
-
2 400
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
-
-
-
305
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.

-
-
-
777
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.

-
-
-
43
total
-
-
-
1 206
Employee

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

599
-
2 400
-
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
-
43
-
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
-
777
-
total
135
-
901
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 801
2 400
-
-
trade
296
395
-
-
surtax

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

15
20
-
-
chamber of commerce
4
5
-
-
income
270
360
-
-
total
585
780
-
-
Dividends
1 216
1 620
-
-
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
299
401
-
-
total
315
423
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 035
1 203
901
1 206
After tax
1 365
1 197
1 499
1 194
Living cost
464
464
464
464
Free-cash
901
733
1 035
730

Estimated living cost  is $464 per week

$310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$49
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$98
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Munich , Germany
$644
$958
$641
$835
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.

-
-
-
2 400
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
-
-
-
317
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.

-
-
-
777
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.

-
-
-
43
total
-
-
-
1 218
Employee

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

709
-
2 400
-
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
-
43
-
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
-
777
-
total
169
-
901
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 691
2 400
-
-
trade
290
412
-
-
surtax

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

14
20
-
-
chamber of commerce
4
5
-
-
income
254
360
-
-
total
562
797
-
-
Dividends
1 129
1 603
-
-
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
22
-
-
withholding
278
396
-
-
total
293
418
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 024
1 215
901
1 218
After tax
1 376
1 185
1 499
1 182
Living cost
541
541
541
541
Free-cash
835
644
958
641

Estimated living cost  is $541 per week

$395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$43
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$96
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Athens , Greece
$1245
$794
$866
$1206
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
-
-
-
2 400
unemployment
-
-
-
3
health
-
-
-
112
pensions
-
-
-
315
other
-
-
-
-
income
-
-
-
721
surtax
-
-
-
118
total
-
-
-
1 269
Employee
397
-
2 068
-
health
10
-
40
-
pensions
27
-
105
-
surtax
1
-
104
-
other
-
-
-
-
unemployment
28
-
110
-
income
67
-
650
-
total
133
-
1 009
-
Employer
397
-
2 068
-
pensions
53
-
210
-
unemployment
13
-
50
-
health
18
-
72
-
other
-
-
-
-
total
84
-
332
-
Corporate
1 919
2 400
-
-
income
499
624
-
-
total
499
624
-
-
Dividends
1 420
1 776
-
-
withholding
213
266
-
-
total
213
266
-
-
Income
2 400
2 400
2 400
2 400
Total tax
929
890
1 341
1 269
After tax
1 471
1 510
1 059
1 131
Living cost
265
265
265
265
Free-cash
1 206
1 245
794
866

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
$1250
$799
$871
$1214
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
-
-
-
2 400
unemployment
-
-
-
3
health
-
-
-
112
pensions
-
-
-
315
other
-
-
-
-
income
-
-
-
721
surtax
-
-
-
118
total
-
-
-
1 269
Employee
390
-
2 068
-
health
10
-
40
-
pensions
26
-
105
-
surtax
1
-
104
-
other
-
-
-
-
unemployment
27
-
110
-
income
65
-
650
-
total
129
-
1 009
-
Employer
390
-
2 068
-
pensions
52
-
210
-
unemployment
12
-
50
-
health
18
-
72
-
other
-
-
-
-
total
82
-
332
-
Corporate
1 928
2 400
-
-
income
501
624
-
-
total
501
624
-
-
Dividends
1 426
1 776
-
-
withholding
214
266
-
-
total
214
266
-
-
Income
2 400
2 400
2 400
2 400
Total tax
926
890
1 341
1 269
After tax
1 474
1 510
1 059
1 131
Living cost
260
260
260
260
Free-cash
1 214
1 250
799
871

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
$1118
$1159
$1432
$1122
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
-
-
-
2 400
unemployment
-
-
-
36
health
-
-
-
168
pensions
-
-
-
240
income
-
-
-
293
total
-
-
-
737
Employee

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

The minimum wage is 138,000 HUF per month.

334
133
2 008
-
health
23
9
141
-
pensions
33
13
201
-
unemployment
5
2
30
-
income
41
16
246
-
total
102
40
618
-
Employer

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

The minimum wage is 138,000 HUF per month.

334
133
2 008
-
pensions
65
26
392
-
total
65
26
392
-
Corporate
2 001
2 241
-
-
income
180
202
-
-
total
180
202
-
-
Dividends
1 821
2 039
-
-
withholding
346
387
-
-
social contributions
353
396
-
-
total
699
783
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 046
1 051
1 010
737
After tax
1 354
1 349
1 390
1 663
Living cost
232
232
232
232
Free-cash
1 122
1 118
1 159
1 432

Estimated living cost  is $232 per week

$158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$19
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$50
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
$902
$802
$789
$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
-
-
-
2 400
social contributions
-
-
-
26
municipal
-
-
-
265
pensions
-
-
-
288
national
-
-
-
436
total
-
-
-
1 015
Employee
924
-
2 075
-
municipal
114
-
275
-
pensions
37
-
83
-
national
177
-
456
-
total
328
-
814
-
Employer
924
-
2 075
-
social contributions
10
-
22
-
pensions
74
-
166
-
total
84
-
188
-
Corporate
1 332
2 400
-
-
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%.

266
480
-
-
total
266
480
-
-
Dividends
1 065
1 920
-
-
withholding
234
422
-
-
total
234
422
-
-
Income
2 400
2 400
2 400
2 400
Total tax
912
902
1 002
1 015
After tax
1 488
1 498
1 398
1 385
Living cost
596
596
596
596
Free-cash
892
902
802
789

Estimated living cost  is $596 per week

$405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$55
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$9
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Dublin , Ireland
$1008
$555
$555
$1034
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
-
-
-
2 400
social contributions
-
-
-
408
income
-
-
-
765
total
-
-
-
1 173
Employee
923
-
2 400
-
social contributions
77
-
408
-
income
174
-
765
-
total
251
-
1 173
-
Employer
923
-
2 400
-
total
-
-
-
-
Corporate
1 477
2 400
-
-
income
185
300
-
-
total
185
300
-
-
Dividends
1 292
2 100
-
-
withholding
258
420
-
-
total
258
420
-
-
Income
2 400
2 400
2 400
2 400
Total tax
694
720
1 173
1 173
After tax
1 706
1 680
1 227
1 227
Living cost
672
672
672
672
Free-cash
1 034
1 008
555
555

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
$782
$542
$643
$720
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
-
-
-
2 400
regional
-
-
-
29
social contributions
-
-
-
591
municipal
-
-
-
14
national
-
-
-
625
total
-
-
-
1 259
Employee
1 049
-
2 400
-
regional
10
-
26
-
municipal
6
-
13
-
social contributions
354
-
774
-
national
182
-
547
-
total
552
-
1 360
-
Employer
1 049
-
2 400
-
total
-
-
-
-
Corporate
1 351
2 400
-
-
nationa
324
576
-
-
municipal
53
94
-
-
total
377
670
-
-
Dividends
974
1 730
-
-
withholding
253
450
-
-
total
253
450
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 182
1 120
1 360
1 259
After tax
1 218
1 280
1 040
1 141
Living cost
498
498
498
498
Free-cash
720
782
542
643

Estimated living cost  is $498 per week

$347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$33
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Naples , Italy
$944
$715
$815
$917
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
-
-
-
2 400
regional
-
-
-
37
social contributions
-
-
-
591
municipal
-
-
-
14
national
-
-
-
625
total
-
-
-
1 267
Employee
655
-
2 400
-
regional
9
-
33
-
municipal
3
-
13
-
social contributions
221
-
774
-
national
104
-
547
-
total
337
-
1 367
-
Employer
655
-
2 400
-
total
-
-
-
-
Corporate
1 745
2 400
-
-
nationa
419
576
-
-
municipal
87
119
-
-
total
506
695
-
-
Dividends
1 240
1 705
-
-
withholding
322
443
-
-
total
322
443
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 165
1 138
1 367
1 267
After tax
1 235
1 262
1 033
1 133
Living cost
318
318
318
318
Free-cash
917
944
715
815

Estimated living cost  is $318 per week

$198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$32
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$83
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0