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
$1390
$1750
$1454
$1791
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
-
-
-
113
total
-
-
-
641
Employee
394
-
2 078
-
social contributions
26
-
135
-
income
-
-
120
-
total
26
-
255
-
Employer
394
-
2 078
-
social contributions
61
-
322
-
total
61
-
322
-
Corporate
1 944
2 400
-
-
income
194
240
-
-
total
194
240
-
-
Dividends
1 750
2 160
-
-
total
-
-
-
-
Income
2 400
2 400
2 400
2 400
Total tax
281
240
577
641
After tax
2 119
2 160
1 823
1 759
Living cost
369
369
369
369
Free-cash
1 750
1 791
1 454
1 390

Estimated living cost  is $369 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.
$96
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Graz , Austria
$844
$931
$243
$936
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
surtax
-
-
-
-
unemployment
-
-
-
75
health
-
-
-
110
chamber of commerce
-
-
-
10
pensions
-
-
-
265
income
-
-
-
705
total
-
-
-
1 165
Employee
536
489
1 950
-
unemployment
16
15
43
-
other
5
5
14
-
income
48
36
581
-
pensions
55
50
147
-
health
21
19
55
-
total
145
125
840
-
Employer
536
489
1 950
-
pensions
67
61
180
-
surtax
-
-
-
-
payroll
16
15
58
-
other
25
23
88
-
health
20
18
54
-
accident
7
6
19
-
unemployment
16
15
43
-
chamber of commerce
2
2
8
-
total
153
140
450
-
Corporate
1 709
1 770
1 903
-
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.

427
443
476
-
total
427
443
476
-
Dividends
1 282
1 328
-
-
withholding
353
365
-
-
total
353
365
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 078
1 073
1 766
1 165
After tax
1 322
1 327
634
1 235
Living cost
391
391
391
391
Free-cash
931
936
243
844

Estimated living cost  is $391 per week

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

Additional information

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

Vienna , Austria
$801
$876
$202
$894
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 400
surtax
-
-
-
2
unemployment
-
-
-
75
health
-
-
-
110
chamber of commerce
-
-
-
10
pensions
-
-
-
265
income
-
-
-
705
total
-
-
-
1 167
Employee
613
489
1 948
-
unemployment
18
15
43
-
other
6
5
14
-
income
70
36
580
-
pensions
63
50
147
-
health
24
19
55
-
total
181
125
839
-
Employer
613
489
1 948
-
pensions
77
61
180
-
surtax
2
2
2
-
payroll
18
15
58
-
other
29
23
88
-
health
23
18
54
-
accident
8
6
19
-
unemployment
18
15
43
-
chamber of commerce
2
2
8
-
total
177
142
452
-
Corporate
1 608
1 768
1 901
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

402
442
475
-
total
402
442
475
-
Dividends
1 206
1 326
-
-
withholding
332
365
-
-
total
332
365
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 092
1 074
1 766
1 167
After tax
1 308
1 326
634
1 233
Living cost
432
432
432
432
Free-cash
876
894
202
801

Estimated living cost  is $432 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
$595
$710
$386
$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
national
-
-
-
926
communal

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

-
-
-
126
social contributions
-
-
-
306
total
-
-
-
1 358
Employee

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

878
-
1 859
-
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
270
-
687
-
communal

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

46
-
97
-
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
-
139
-
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
-
87
-
total
431
-
1 026
-
Employer

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

878
-
1 859
-
surtax
100
-
211
-
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
-
165
-
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
-
114
-
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
256
-
541
-
Corporate
1 267
2 400
-
-
income
253
486
-
-
surtax
5
10
-
-
total
258
496
-
-
Dividends
1 008
1 904
-
-
withholding

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

298
567
-
-
total
298
567
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 243
1 063
1 567
1 358
After tax
1 157
1 337
833
1 042
Living cost
447
447
447
447
Free-cash
710
890
386
595

Estimated living cost  is $447 per week

$288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$39
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sofia , Bulgaria
$1713
$1764
$1808
$1840
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
-
-
-
49
pensions

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

-
-
-
64
income
-
-
-
360
total
-
-
-
475
Employee
280
-
2 316
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
income
28
-
232
-
pensions

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

25
-
38
-
health
13
-
20
-
total
69
-
295
-
Employer
280
-
2 316
-
pensions

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

31
-
47
-
health
19
-
30
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
unemployment
2
-
3
-
total
55
-
85
-
Corporate
2 065
2 400
-
-
income
207
240
-
-
total
207
240
-
-
Dividends
1 858
2 160
-
-
withholding
93
108
-
-
total
93
108
-
-
Income
2 400
2 400
2 400
2 400
Total tax
424
348
380
475
After tax
1 976
2 052
2 020
1 925
Living cost
212
212
212
212
Free-cash
1 764
1 840
1 808
1 713

Estimated living cost  is $212 per week

$140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$54
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
$1764
$1834
$1859
$1891
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
-
-
-
49
pensions

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

-
-
-
64
income
-
-
-
360
total
-
-
-
475
Employee
213
-
2 316
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
income
21
-
232
-
pensions

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

19
-
38
-
health
10
-
20
-
total
52
-
295
-
Employer
213
-
2 316
-
pensions

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

24
-
47
-
health
15
-
30
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
unemployment
1
-
3
-
total
42
-
85
-
Corporate
2 145
2 400
-
-
income
214
240
-
-
total
214
240
-
-
Dividends
1 930
2 160
-
-
withholding
97
108
-
-
total
97
108
-
-
Income
2 400
2 400
2 400
2 400
Total tax
405
348
380
475
After tax
1 995
2 052
2 020
1 925
Living cost
161
161
161
161
Free-cash
1 834
1 891
1 859
1 764

Estimated living cost  is $161 per week

$94
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$51
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Larnaca , Cyprus
$1344
$1398
$1323
$1468
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
-
-
-
61
social contributions
-
-
-
199
income
-
-
-
512
total
-
-
-
772
Employee
943
943
2 253
-
income
103
87
501
-
social contributions
36
78
106
-
health
7
16
38
-
total
146
181
645
-
Employer
943
943
2 253
-
social contributions
36
78
106
-
health
8
17
42
-
total
44
95
148
-
Corporate
1 927
1 361
-
-
income
241
170
-
-
total
241
170
-
-
Dividends
1 686
1 191
-
-
withholding
287
202
-
-
total
287
202
-
-
Income
2 400
2 400
2 400
2 400
Total tax
718
648
793
772
After tax
1 682
1 752
1 607
1 628
Living cost
284
284
284
284
Free-cash
1 398
1 468
1 323
1 344

Estimated living cost  is $284 per week

$170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$28
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$80
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
$1230
$1301
$1209
$1354
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
-
-
-
61
social contributions
-
-
-
199
income
-
-
-
512
total
-
-
-
772
Employee
943
943
2 253
-
income
99
87
501
-
social contributions
46
78
106
-
health
9
16
38
-
total
154
181
645
-
Employer
943
943
2 253
-
social contributions
46
78
106
-
health
10
17
42
-
total
56
95
148
-
Corporate
1 792
1 361
-
-
income
224
170
-
-
total
224
170
-
-
Dividends
1 568
1 191
-
-
withholding
267
202
-
-
total
267
202
-
-
Income
2 400
2 400
2 400
2 400
Total tax
701
648
793
772
After tax
1 699
1 752
1 607
1 628
Living cost
398
398
398
398
Free-cash
1 301
1 354
1 209
1 230

Estimated living cost  is $398 per week

$272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$31
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$88
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Brno , Czech Republic
$1115
$1267
$1013
$1368
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
-
-
-
324
social contributions
-
-
-
408
income
-
-
-
250
solidarity contribution
-
-
-
19
total
-
-
-
1 001
Employee
417
-
1 881
-
income
50
-
230
-
social contributions
27
-
91
-
health
56
-
254
-
solidarity contribution
-
-
10
-
total
133
-
585
-
Employer
417
-
1 881
-
social contributions
104
-
349
-
health
38
-
169
-
total
142
-
518
-
Corporate
1 841
2 400
-
-
income
350
456
-
-
total
350
456
-
-
Dividends
1 491
1 944
-
-
withholding
224
292
-
-
total
224
292
-
-
Income
2 400
2 400
2 400
2 400
Total tax
849
748
1 103
1 001
After tax
1 551
1 652
1 297
1 399
Living cost
284
284
284
284
Free-cash
1 267
1 368
1 013
1 115

Estimated living cost  is $284 per week

$197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$61
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
$1050
$1180
$948
$1303
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
-
-
-
324
social contributions
-
-
-
408
income
-
-
-
250
solidarity contribution
-
-
-
19
total
-
-
-
1 001
Employee
514
-
1 881
-
income
62
-
230
-
social contributions
33
-
91
-
health
69
-
254
-
solidarity contribution
-
-
10
-
total
164
-
585
-
Employer
514
-
1 881
-
social contributions
128
-
349
-
health
46
-
169
-
total
174
-
518
-
Corporate
1 712
2 400
-
-
income
325
456
-
-
total
325
456
-
-
Dividends
1 386
1 944
-
-
withholding
208
292
-
-
total
208
292
-
-
Income
2 400
2 400
2 400
2 400
Total tax
871
748
1 103
1 001
After tax
1 529
1 652
1 297
1 399
Living cost
349
349
349
349
Free-cash
1 180
1 303
948
1 050

Estimated living cost  is $349 per week

$260
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
$809
-$283
-$283
-$283
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
national
-
-
-
289
pensions
-
-
-
11
municipal
-
-
-
507
labour market
-
-
-
191
total
-
-
-
998
Employee
2 502
2 502
2 502
-
municipal
533
533
533
-
national
306
306
306
-
pensions
4
4
4
-
labour market
200
200
200
-
total
1 043
1 043
1 043
-
Employer
2 502
2 502
2 502
-
pensions
7
7
7
-
labour market
200
200
200
-
municipal
534
534
534
-
national
306
306
306
-
total
1 047
1 047
1 047
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 400
2 400
2 400
2 400
Total tax
2 090
2 090
2 090
998
After tax
310
310
310
1 402
Living cost
593
593
593
593
Free-cash
-283
-283
-283
809

Estimated living cost  is $593 per week

$406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$52
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$9
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
$990
$1547
$1087
$1624
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
348
-
1 794
-
unemployment
6
-
29
-
income
39
-
346
-
pensions
7
-
36
-
total
52
-
411
-
Employer
348
-
1 794
-
pensions
70
-
359
-
health
45
-
233
-
unemployment
3
-
14
-
total
118
-
606
-
Corporate
1 934
2 400
-
-
income
387
480
-
-
total
387
480
-
-
Dividends
1 547
1 920
-
-
total
-
-
-
-
Income
2 400
2 400
2 400
2 400
Total tax
557
480
1 017
1 114
After tax
1 843
1 920
1 383
1 286
Living cost
296
296
296
296
Free-cash
1 547
1 624
1 087
990

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
$1042
$1053
$768
$1018
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
national
-
-
-
429
health
-
-
-
32
municipal
-
-
-
426
total
-
-
-
887
Employee
645
-
2 019
-
unemployment
10
-
30
-
municipal
106
-
329
-
national
11
-
259
-
pensions
44
-
136
-
health
5
-
26
-
total
176
-
780
-
Employer
645
-
2 019
-
pensions
112
-
350
-
health
5
-
16
-
accident
1
-
2
-
unemployment
4
-
13
-
total
122
-
381
-
Corporate
1 633
2 400
-
-
income
327
480
-
-
total
327
480
-
-
Dividends

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

980
1 440
-
-
municipal
176
259
-
-
national
75
172
-
-
total
251
431
-
-
Income
2 400
2 400
2 400
2 400
Total tax
876
911
1 161
887
After tax
1 524
1 489
1 239
1 513
Living cost
471
471
471
471
Free-cash
1 053
1 018
768
1 042

Estimated living cost  is $471 per week

$308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$45
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$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.
$111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Marseille , France
$967
$900
$913
$832
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
surtax
-
-
-
-
health
-
-
-
109
pensions
-
-
-
405
social contributions
-
-
-
68
income
-
-
-
399
other
-
-
-
74
total
-
-
-
1 055
Employee
469
-
1 846
-
income
24
-
369
-
surtax
-
-
-
-
social contributions
13
-
53
-
pensions
53
-
133
-
total
90
-
555
-
Employer
469
-
1 846
-
pensions
77
-
223
-
social contributions
1
-
6
-
other
16
-
74
-
health
33
-
176
-
unemployment
19
-
75
-
total
146
-
554
-
Corporate
1 785
2 400
-
-
income
500
672
-
-
surtax
-
-
-
-
total
500
672
-
-
Dividends
1 285
1 728
-
-
withholding
165
221
-
-
social contributions
221
297
-
-
surtax
-
-
-
-
total
386
518
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 122
1 190
1 109
1 055
After tax
1 278
1 210
1 291
1 345
Living cost
378
378
378
378
Free-cash
900
832
913
967

Estimated living cost  is $378 per week

$219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$38
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
$925
$862
$871
$790
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
surtax
-
-
-
-
health
-
-
-
109
pensions
-
-
-
405
social contributions
-
-
-
68
income
-
-
-
399
other
-
-
-
74
total
-
-
-
1 055
Employee
525
-
1 846
-
income
31
-
369
-
surtax
-
-
-
-
social contributions
15
-
53
-
pensions
59
-
133
-
total
105
-
555
-
Employer
525
-
1 846
-
pensions
86
-
223
-
social contributions
2
-
6
-
other
18
-
74
-
health
37
-
176
-
unemployment
21
-
75
-
total
164
-
554
-
Corporate
1 711
2 400
-
-
income
479
672
-
-
surtax
-
-
-
-
total
479
672
-
-
Dividends
1 232
1 728
-
-
withholding
158
221
-
-
social contributions
212
297
-
-
surtax
-
-
-
-
total
370
518
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 118
1 190
1 109
1 055
After tax
1 282
1 210
1 291
1 345
Living cost
420
420
420
420
Free-cash
862
790
871
925

Estimated living cost  is $420 per week

$265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Paris , France
$752
$701
$698
$617
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
surtax
-
-
-
-
health
-
-
-
109
pensions
-
-
-
405
social contributions
-
-
-
68
income
-
-
-
399
other
-
-
-
74
total
-
-
-
1 055
Employee
768
-
1 846
-
income
67
-
369
-
surtax
-
-
-
-
social contributions
22
-
53
-
pensions
87
-
133
-
total
176
-
555
-
Employer
768
-
1 846
-
pensions
126
-
223
-
social contributions
2
-
6
-
other
27
-
74
-
health
54
-
176
-
unemployment
31
-
75
-
total
240
-
554
-
Corporate
1 392
2 400
-
-
income
390
672
-
-
surtax
-
-
-
-
total
390
672
-
-
Dividends
1 002
1 728
-
-
withholding
128
221
-
-
social contributions
172
297
-
-
surtax
-
-
-
-
total
300
518
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 106
1 190
1 109
1 055
After tax
1 294
1 210
1 291
1 345
Living cost
593
593
593
593
Free-cash
701
617
698
752

Estimated living cost  is $593 per week

$401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$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
$2297
$2186
$1841
$2201
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
99
-
2 400
-
income
20
-
480
-
total
20
-
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%.

2 301
2 400
-
-
total
-
-
-
-
Dividends
2 301
2 400
-
-
withholding
115
120
-
-
total
115
120
-
-
Income
2 400
2 400
2 400
2 400
Total tax
135
120
480
24
After tax
2 265
2 280
1 920
2 376
Living cost
79
79
79
79
Free-cash
2 186
2 201
1 841
2 297

Estimated living cost  is $79 per week

$49
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$7
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$2
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$21
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Tbilisi , Georgia
$2253
$2134
$1797
$2157
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
154
-
2 400
-
income
31
-
480
-
total
31
-
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%.

2 246
2 400
-
-
total
-
-
-
-
Dividends
2 246
2 400
-
-
withholding
112
120
-
-
total
112
120
-
-
Income
2 400
2 400
2 400
2 400
Total tax
143
120
480
24
After tax
2 257
2 280
1 920
2 376
Living cost
123
123
123
123
Free-cash
2 134
2 157
1 797
2 253

Estimated living cost  is $123 per week

$83
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$5
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$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
$769
$921
$1032
$761
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
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.

-
-
-
42
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.

-
-
-
768
trade
-
-
-
263
total
-
-
-
1 157
Employee

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

610
-
2 400
-
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
-
768
-
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
-
42
-
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
-
894
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 790
2 400
-
-
trade
257
344
-
-
income
268
360
-
-
chamber of commerce
4
5
-
-
surtax

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

15
20
-
-
total
544
729
-
-
Dividends
1 245
1 670
-
-
withholding
307
413
-
-
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
-
-
total
324
436
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 005
1 165
894
1 157
After tax
1 395
1 235
1 506
1 243
Living cost
474
474
474
474
Free-cash
921
761
1 032
769

Estimated living cost  is $474 per week

$327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$51
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$89
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Dresden , Germany
$846
$973
$1134
$838
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
2 400
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.

-
-
-
42
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.

-
-
-
768
trade
-
-
-
288
total
-
-
-
1 182
Employee

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

469
-
2 400
-
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
-
768
-
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
-
42
-
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
-
894
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 931
2 400
-
-
trade
304
378
-
-
income
290
360
-
-
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
20
-
-
total
615
763
-
-
Dividends
1 317
1 637
-
-
withholding
324
405
-
-
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
-
-
total
342
427
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 055
1 190
894
1 182
After tax
1 345
1 210
1 506
1 218
Living cost
372
372
372
372
Free-cash
973
838
1 134
846

Estimated living cost  is $372 per week

$234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$43
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$88
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Hamburg , Germany
$723
$889
$1024
$716
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
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.

-
-
-
42
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.

-
-
-
768
trade
-
-
-
301
total
-
-
-
1 195
Employee

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

622
-
2 400
-
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
-
768
-
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
-
42
-
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
-
894
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 778
2 400
-
-
trade
292
395
-
-
income
267
360
-
-
chamber of commerce
4
5
-
-
surtax

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

15
20
-
-
total
578
780
-
-
Dividends
1 200
1 620
-
-
withholding
295
400
-
-
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
311
422
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 029
1 202
894
1 195
After tax
1 371
1 198
1 506
1 205
Living cost
482
482
482
482
Free-cash
889
716
1 024
723

Estimated living cost  is $482 per week

$322
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$51
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Munich , Germany
$630
$822
$944
$623
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
2 400
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.

-
-
-
42
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.

-
-
-
768
trade
-
-
-
314
total
-
-
-
1 208
Employee

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

737
-
2 400
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

87
-
768
-
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
-
42
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

84
-
84
-
total
176
-
894
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 663
2 400
-
-
trade
285
412
-
-
income
249
360
-
-
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
20
-
-
total
552
797
-
-
Dividends
1 110
1 603
-
-
withholding
273
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.

15
22
-
-
total
288
418
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 016
1 215
894
1 208
After tax
1 384
1 185
1 506
1 192
Living cost
562
562
562
562
Free-cash
822
623
944
630

Estimated living cost  is $562 per week

$410
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
$857
$1194
$782
$1234
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
surtax
-
-
-
114
unemployment
-
-
-
3
health
-
-
-
116
pensions
-
-
-
327
income
-
-
-
707
other
-
-
-
-
total
-
-
-
1 267
Employee
413
-
2 055
-
unemployment
29
-
114
-
other
-
-
-
-
income
69
-
633
-
surtax
1
-
99
-
pensions
28
-
109
-
health
11
-
42
-
total
138
-
997
-
Employer
413
-
2 055
-
pensions
55
-
218
-
other
-
-
-
-
health
19
-
75
-
unemployment
13
-
52
-
total
87
-
345
-
Corporate
1 900
2 400
-
-
income
494
624
-
-
total
494
624
-
-
Dividends
1 406
1 776
-
-
withholding
211
266
-
-
total
211
266
-
-
Income
2 400
2 400
2 400
2 400
Total tax
930
890
1 342
1 267
After tax
1 470
1 510
1 058
1 133
Living cost
276
276
276
276
Free-cash
1 194
1 234
782
857

Estimated living cost  is $276 per week

$166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$24
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$79
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Thessaloniki , Greece
$862
$1202
$787
$1239
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
surtax
-
-
-
114
unemployment
-
-
-
3
health
-
-
-
116
pensions
-
-
-
327
income
-
-
-
707
other
-
-
-
-
total
-
-
-
1 267
Employee
406
-
2 055
-
unemployment
28
-
114
-
other
-
-
-
-
income
68
-
633
-
surtax
1
-
99
-
pensions
27
-
109
-
health
10
-
42
-
total
134
-
997
-
Employer
406
-
2 055
-
pensions
54
-
218
-
other
-
-
-
-
health
18
-
75
-
unemployment
13
-
52
-
total
85
-
345
-
Corporate
1 909
2 400
-
-
income
496
624
-
-
total
496
624
-
-
Dividends
1 413
1 776
-
-
withholding
212
266
-
-
total
212
266
-
-
Income
2 400
2 400
2 400
2 400
Total tax
927
890
1 342
1 267
After tax
1 473
1 510
1 058
1 133
Living cost
271
271
271
271
Free-cash
1 202
1 239
787
862

Estimated living cost  is $271 per week

$166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$74
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Budapest , Hungary
$1417
$1108
$1144
$1102
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.

354
141
2 008
-
unemployment
5
2
30
-
income
43
17
246
-
pensions
35
14
201
-
health
25
10
141
-
total
108
43
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.

354
141
2 008
-
pensions
69
28
392
-
total
69
28
392
-
Corporate
1 976
2 231
-
-
income
178
201
-
-
total
178
201
-
-
Dividends
1 799
2 031
-
-
withholding
342
386
-
-
social contributions
349
394
-
-
total
691
780
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 046
1 052
1 010
737
After tax
1 354
1 348
1 390
1 663
Living cost
246
246
246
246
Free-cash
1 108
1 102
1 144
1 417

Estimated living cost  is $246 per week

$168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$53
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
$792
$895
$804
$906
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
national
-
-
-
437
pensions
-
-
-
288
social contributions
-
-
-
26
municipal
-
-
-
265
total
-
-
-
1 016
Employee
917
-
2 075
-
municipal
113
-
275
-
national
176
-
458
-
pensions
37
-
83
-
total
326
-
816
-
Employer
917
-
2 075
-
pensions
73
-
166
-
social contributions
10
-
22
-
total
83
-
188
-
Corporate
1 339
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%.

268
480
-
-
total
268
480
-
-
Dividends
1 071
1 920
-
-
withholding
236
422
-
-
total
236
422
-
-
Income
2 400
2 400
2 400
2 400
Total tax
913
902
1 004
1 016
After tax
1 487
1 498
1 396
1 384
Living cost
592
592
592
592
Free-cash
895
906
804
792

Estimated living cost  is $592 per week

$402
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
$538
$1008
$538
$981
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
-
-
-
406
income
-
-
-
757
total
-
-
-
1 163
Employee
960
-
2 400
-
social contributions
80
-
406
-
income
181
-
757
-
total
261
-
1 163
-
Employer
960
-
2 400
-
total
-
-
-
-
Corporate
1 440
2 400
-
-
income
180
300
-
-
total
180
300
-
-
Dividends
1 260
2 100
-
-
withholding
252
420
-
-
total
252
420
-
-
Income
2 400
2 400
2 400
2 400
Total tax
693
720
1 163
1 163
After tax
1 707
1 680
1 237
1 237
Living cost
699
699
699
699
Free-cash
1 008
981
538
538

Estimated living cost  is $699 per week

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

Additional information

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

Milan , Italy
$616
$698
$509
$762
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
national
-
-
-
609
regional
-
-
-
29
social contributions
-
-
-
614
municipal
-
-
-
14
total
-
-
-
1 266
Employee
1 090
-
2 400
-
municipal
6
-
13
-
national
189
-
530
-
social contributions
368
-
805
-
regional
10
-
25
-
total
573
-
1 373
-
Employer
1 090
-
2 400
-
total
-
-
-
-
Corporate
1 310
2 400
-
-
nationa
314
576
-
-
municipal
51
94
-
-
total
365
670
-
-
Dividends
944
1 730
-
-
withholding
246
450
-
-
total
246
450
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 184
1 120
1 373
1 266
After tax
1 216
1 280
1 027
1 134
Living cost
518
518
518
518
Free-cash
698
762
509
616

Estimated living cost  is $518 per week

$361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Naples , Italy
$797
$904
$690
$932
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
national
-
-
-
609
regional
-
-
-
36
social contributions
-
-
-
614
municipal
-
-
-
14
total
-
-
-
1 273
Employee
681
-
2 400
-
municipal
4
-
13
-
national
108
-
530
-
social contributions
229
-
805
-
regional
9
-
32
-
total
350
-
1 380
-
Employer
681
-
2 400
-
total
-
-
-
-
Corporate
1 719
2 400
-
-
nationa
413
576
-
-
municipal
85
119
-
-
total
498
695
-
-
Dividends
1 221
1 705
-
-
withholding
318
443
-
-
total
318
443
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 166
1 138
1 380
1 273
After tax
1 234
1 262
1 020
1 127
Living cost
330
330
330
330
Free-cash
904
932
690
797

Estimated living cost  is $330 per week

$206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$33
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$86
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0