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
$ 2500
per

Your estimated
City
free-cash

Andorra , Andorra
$1459
$1838
$1525
$1879
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
-
-
-
2 500
social contributions
-
-
-
550
income
-
-
-
120
total
-
-
-
670
Employee
397
-
2 164
-
social contributions
26
-
141
-
income
-
-
127
-
total
26
-
268
-
Employer
397
-
2 164
-
social contributions
61
-
336
-
total
61
-
336
-
Corporate
2 042
2 500
-
-
income
204
250
-
-
total
204
250
-
-
Dividends
1 838
2 250
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
291
250
604
670
After tax
2 209
2 250
1 896
1 830
Living cost
371
371
371
371
Free-cash
1 838
1 879
1 525
1 459

Estimated living cost  is $371 per week

$240
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
$892
$983
$265
$987
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
-
-
-
2 500
surtax
-
-
-
-
unemployment
-
-
-
76
health
-
-
-
110
chamber of commerce
-
-
-
10
pensions
-
-
-
267
income
-
-
-
751
total
-
-
-
1 214
Employee
539
492
2 041
-
unemployment
16
15
43
-
other
5
5
14
-
income
48
36
623
-
pensions
55
50
148
-
health
21
19
56
-
total
145
125
884
-
Employer
539
492
2 041
-
pensions
68
62
181
-
surtax
-
-
-
-
payroll
16
15
61
-
other
26
23
92
-
health
20
19
54
-
accident
7
6
19
-
unemployment
16
15
43
-
chamber of commerce
2
2
8
-
total
155
142
458
-
Corporate
1 805
1 867
1 995
-
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.

451
467
499
-
total
451
467
499
-
Dividends
1 354
1 400
-
-
withholding
372
385
-
-
total
372
385
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 123
1 119
1 841
1 214
After tax
1 377
1 381
659
1 286
Living cost
394
394
394
394
Free-cash
983
987
265
892

Estimated living cost  is $394 per week

$236
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
$849
$930
$224
$945
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
-
-
-
2 500
surtax
-
-
-
2
unemployment
-
-
-
76
health
-
-
-
110
chamber of commerce
-
-
-
10
pensions
-
-
-
267
income
-
-
-
751
total
-
-
-
1 216
Employee
617
492
2 039
-
unemployment
18
15
43
-
other
6
5
14
-
income
70
36
622
-
pensions
63
50
148
-
health
24
19
56
-
total
181
125
883
-
Employer
617
492
2 039
-
pensions
77
62
181
-
surtax
2
2
2
-
payroll
18
15
61
-
other
29
23
92
-
health
23
19
54
-
accident
8
6
19
-
unemployment
18
15
43
-
chamber of commerce
2
2
8
-
total
177
144
460
-
Corporate
1 704
1 864
1 992
-
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.

426
466
498
-
total
426
466
498
-
Dividends
1 278
1 398
-
-
withholding
351
385
-
-
total
351
385
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 135
1 120
1 841
1 216
After tax
1 365
1 380
659
1 284
Living cost
435
435
435
435
Free-cash
930
945
224
849

Estimated living cost  is $435 per week

$290
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.
$101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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
$635
$765
$412
$938
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
-
-
-
2 500
national
-
-
-
975
communal

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

-
-
-
132
social contributions
-
-
-
308
total
-
-
-
1 415
Employee

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

883
-
1 936
-
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
-
17
-
national
271
-
720
-
communal

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

46
-
101
-
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
-
145
-
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
-
91
-
total
432
-
1 074
-
Employer

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

883
-
1 936
-
surtax
100
-
220
-
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
-
172
-
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
-
119
-
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
-
25
-
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
-
28
-
total
256
-
564
-
Corporate
1 361
2 500
-
-
income
272
514
-
-
surtax
5
10
-
-
total
277
524
-
-
Dividends
1 083
1 975
-
-
withholding

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

320
588
-
-
total
320
588
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 285
1 112
1 638
1 415
After tax
1 215
1 388
862
1 085
Living cost
450
450
450
450
Free-cash
765
938
412
635

Estimated living cost  is $450 per week

$290
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.
$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
Sofia , Bulgaria
$1797
$1851
$1898
$1925
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
-
-
-
2 500
unemployment
-
-
-
2
health
-
-
-
50
pensions

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

-
-
-
64
income
-
-
-
375
total
-
-
-
491
Employee
281
-
2 415
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
income
28
-
242
-
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
-
305
-
Employer
281
-
2 415
-
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
2 164
2 500
-
-
income
216
250
-
-
total
216
250
-
-
Dividends
1 947
2 250
-
-
withholding
97
113
-
-
total
97
113
-
-
Income
2 500
2 500
2 500
2 500
Total tax
437
363
390
491
After tax
2 063
2 137
2 110
2 009
Living cost
212
212
212
212
Free-cash
1 851
1 925
1 898
1 797

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.
$55
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
$1847
$1919
$1948
$1975
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
-
-
-
2 500
unemployment
-
-
-
2
health
-
-
-
50
pensions

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

-
-
-
64
income
-
-
-
375
total
-
-
-
491
Employee
214
-
2 415
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
income
21
-
242
-
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
-
305
-
Employer
214
-
2 415
-
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
2 244
2 500
-
-
income
224
250
-
-
total
224
250
-
-
Dividends
2 019
2 250
-
-
withholding
101
113
-
-
total
101
113
-
-
Income
2 500
2 500
2 500
2 500
Total tax
419
363
390
491
After tax
2 081
2 137
2 110
2 009
Living cost
162
162
162
162
Free-cash
1 919
1 975
1 948
1 847

Estimated living cost  is $162 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
$1406
$1470
$1386
$1536
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
-
-
-
2 500
health
-
-
-
64
social contributions
-
-
-
200
income
-
-
-
544
total
-
-
-
808
Employee
949
949
2 350
-
income
103
88
533
-
social contributions
36
79
106
-
health
7
16
40
-
total
146
183
679
-
Employer
949
949
2 350
-
social contributions
36
79
106
-
health
8
18
43
-
total
44
97
149
-
Corporate
2 024
1 455
-
-
income
253
182
-
-
total
253
182
-
-
Dividends
1 771
1 273
-
-
withholding
301
216
-
-
total
301
216
-
-
Income
2 500
2 500
2 500
2 500
Total tax
744
678
828
808
After tax
1 756
1 822
1 672
1 692
Living cost
286
286
286
286
Free-cash
1 470
1 536
1 386
1 406

Estimated living cost  is $286 per week

$171
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
$1292
$1372
$1272
$1422
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
-
-
-
2 500
health
-
-
-
64
social contributions
-
-
-
200
income
-
-
-
544
total
-
-
-
808
Employee
949
949
2 350
-
income
100
88
533
-
social contributions
46
79
106
-
health
9
16
40
-
total
155
183
679
-
Employer
949
949
2 350
-
social contributions
46
79
106
-
health
10
18
43
-
total
56
97
149
-
Corporate
1 888
1 455
-
-
income
236
182
-
-
total
236
182
-
-
Dividends
1 652
1 273
-
-
withholding
281
216
-
-
total
281
216
-
-
Income
2 500
2 500
2 500
2 500
Total tax
728
678
828
808
After tax
1 772
1 822
1 672
1 692
Living cost
400
400
400
400
Free-cash
1 372
1 422
1 272
1 292

Estimated living cost  is $400 per week

$274
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.
$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
Brno , Czech Republic
$1180
$1335
$1072
$1436
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
-
-
-
2 500
health
-
-
-
337
social contributions
-
-
-
411
income
-
-
-
263
solidarity contribution
-
-
-
24
total
-
-
-
1 035
Employee
420
-
1 971
-
income
50
-
242
-
social contributions
27
-
91
-
health
57
-
266
-
solidarity contribution
-
-
15
-
total
134
-
614
-
Employer
420
-
1 971
-
social contributions
105
-
352
-
health
38
-
177
-
total
143
-
529
-
Corporate
1 938
2 500
-
-
income
368
475
-
-
total
368
475
-
-
Dividends
1 570
2 025
-
-
withholding
235
304
-
-
total
235
304
-
-
Income
2 500
2 500
2 500
2 500
Total tax
880
779
1 143
1 035
After tax
1 620
1 721
1 357
1 465
Living cost
285
285
285
285
Free-cash
1 335
1 436
1 072
1 180

Estimated living cost  is $285 per week

$198
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
$1113
$1243
$1005
$1369
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
-
-
-
2 500
health
-
-
-
337
social contributions
-
-
-
411
income
-
-
-
263
solidarity contribution
-
-
-
24
total
-
-
-
1 035
Employee
517
-
1 971
-
income
62
-
242
-
social contributions
34
-
91
-
health
70
-
266
-
solidarity contribution
-
-
15
-
total
166
-
614
-
Employer
517
-
1 971
-
social contributions
129
-
352
-
health
47
-
177
-
total
176
-
529
-
Corporate
1 807
2 500
-
-
income
343
475
-
-
total
343
475
-
-
Dividends
1 464
2 025
-
-
withholding
220
304
-
-
total
220
304
-
-
Income
2 500
2 500
2 500
2 500
Total tax
905
779
1 143
1 035
After tax
1 595
1 721
1 357
1 465
Living cost
352
352
352
352
Free-cash
1 243
1 369
1 005
1 113

Estimated living cost  is $352 per week

$261
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.
$65
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
$860
-$195
-$195
-$195
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
-
-
-
2 500
national
-
-
-
304
pensions
-
-
-
11
municipal
-
-
-
530
labour market
-
-
-
199
total
-
-
-
1 044
Employee
2 515
2 515
2 515
-
municipal
535
535
535
-
national
307
307
307
-
pensions
4
4
4
-
labour market
201
201
201
-
total
1 047
1 047
1 047
-
Employer
2 515
2 515
2 515
-
pensions
7
7
7
-
labour market
201
201
201
-
municipal
536
536
536
-
national
308
308
308
-
total
1 052
1 052
1 052
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
2 099
2 099
2 099
1 044
After tax
401
401
401
1 456
Living cost
596
596
596
596
Free-cash
-195
-195
-195
860

Estimated living cost  is $596 per week

$408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$53
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
$1042
$1626
$1143
$1702
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
-
-
-
2 500
health
-
-
-
325
pensions
-
-
-
500
income
-
-
-
335
total
-
-
-
1 160
Employee
350
-
1 868
-
unemployment
6
-
30
-
income
39
-
360
-
pensions
7
-
37
-
total
52
-
427
-
Employer
350
-
1 868
-
pensions
70
-
374
-
health
45
-
243
-
unemployment
3
-
15
-
total
118
-
632
-
Corporate
2 032
2 500
-
-
income
406
500
-
-
total
406
500
-
-
Dividends
1 625
2 000
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
576
500
1 059
1 160
After tax
1 924
2 000
1 441
1 340
Living cost
298
298
298
298
Free-cash
1 626
1 702
1 143
1 042

Estimated living cost  is $298 per week

$204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$70
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Helsinki , Finland
$1091
$1109
$805
$1072
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

-
-
-
2 500
national
-
-
-
458
health
-
-
-
33
municipal
-
-
-
444
total
-
-
-
935
Employee
649
-
2 103
-
unemployment
10
-
32
-
municipal
106
-
342
-
national
11
-
281
-
pensions
44
-
142
-
health
5
-
27
-
total
176
-
824
-
Employer
649
-
2 103
-
pensions
113
-
365
-
health
5
-
16
-
accident
1
-
2
-
unemployment
4
-
14
-
total
123
-
397
-
Corporate
1 728
2 500
-
-
income
346
500
-
-
total
346
500
-
-
Dividends

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

1 037
1 500
-
-
municipal
187
270
-
-
national
85
184
-
-
total
272
454
-
-
Income
2 500
2 500
2 500
2 500
Total tax
917
954
1 221
935
After tax
1 583
1 546
1 279
1 565
Living cost
474
474
474
474
Free-cash
1 109
1 072
805
1 091

Estimated living cost  is $474 per week

$309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$46
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Marseille , France
$1012
$951
$955
$880
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
-
-
-
2 500
surtax
-
-
-
-
health
-
-
-
116
pensions
-
-
-
415
social contributions
-
-
-
71
income
-
-
-
429
other
-
-
-
77
total
-
-
-
1 108
Employee
471
-
1 919
-
income
24
-
388
-
surtax
-
-
-
-
social contributions
13
-
55
-
pensions
53
-
140
-
total
90
-
583
-
Employer
471
-
1 919
-
pensions
77
-
235
-
social contributions
1
-
6
-
other
16
-
78
-
health
33
-
185
-
unemployment
19
-
78
-
total
146
-
582
-
Corporate
1 881
2 500
-
-
income
527
700
-
-
surtax
-
-
-
-
total
527
700
-
-
Dividends
1 355
1 800
-
-
withholding
173
230
-
-
social contributions
233
310
-
-
surtax
-
-
-
-
total
406
540
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 169
1 240
1 165
1 108
After tax
1 331
1 260
1 335
1 392
Living cost
380
380
380
380
Free-cash
951
880
955
1 012

Estimated living cost  is $380 per week

$221
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.
$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
Nice , France
$970
$910
$913
$838
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 500
surtax
-
-
-
-
health
-
-
-
116
pensions
-
-
-
415
social contributions
-
-
-
71
income
-
-
-
429
other
-
-
-
77
total
-
-
-
1 108
Employee
528
-
1 919
-
income
31
-
388
-
surtax
-
-
-
-
social contributions
15
-
55
-
pensions
60
-
140
-
total
106
-
583
-
Employer
528
-
1 919
-
pensions
87
-
235
-
social contributions
2
-
6
-
other
18
-
78
-
health
37
-
185
-
unemployment
21
-
78
-
total
165
-
582
-
Corporate
1 807
2 500
-
-
income
506
700
-
-
surtax
-
-
-
-
total
506
700
-
-
Dividends
1 301
1 800
-
-
withholding
167
230
-
-
social contributions
224
310
-
-
surtax
-
-
-
-
total
391
540
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 168
1 240
1 165
1 108
After tax
1 332
1 260
1 335
1 392
Living cost
422
422
422
422
Free-cash
910
838
913
970

Estimated living cost  is $422 per week

$266
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
$796
$750
$739
$664
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
-
-
-
2 500
surtax
-
-
-
-
health
-
-
-
116
pensions
-
-
-
415
social contributions
-
-
-
71
income
-
-
-
429
other
-
-
-
77
total
-
-
-
1 108
Employee
773
-
1 919
-
income
67
-
388
-
surtax
-
-
-
-
social contributions
22
-
55
-
pensions
87
-
140
-
total
176
-
583
-
Employer
773
-
1 919
-
pensions
127
-
235
-
social contributions
2
-
6
-
other
27
-
78
-
health
54
-
185
-
unemployment
31
-
78
-
total
241
-
582
-
Corporate
1 486
2 500
-
-
income
416
700
-
-
surtax
-
-
-
-
total
416
700
-
-
Dividends
1 070
1 800
-
-
withholding
137
230
-
-
social contributions
184
310
-
-
surtax
-
-
-
-
total
321
540
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 154
1 240
1 165
1 108
After tax
1 346
1 260
1 335
1 392
Living cost
596
596
596
596
Free-cash
750
664
739
796

Estimated living cost  is $596 per week

$403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$49
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$136
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
$2396
$2281
$1921
$2296
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%.

-
-
-
2 500
microenterprise

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

-
-
-
25
total
-
-
-
25
Employee
99
-
2 500
-
income
20
-
500
-
total
20
-
500
-
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%.

2 401
2 500
-
-
total
-
-
-
-
Dividends
2 401
2 500
-
-
withholding
120
125
-
-
total
120
125
-
-
Income
2 500
2 500
2 500
2 500
Total tax
140
125
500
25
After tax
2 360
2 375
2 000
2 475
Living cost
79
79
79
79
Free-cash
2 281
2 296
1 921
2 396

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
$2352
$2229
$1877
$2252
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%.

-
-
-
2 500
microenterprise

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

-
-
-
25
total
-
-
-
25
Employee
154
-
2 500
-
income
31
-
500
-
total
31
-
500
-
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%.

2 346
2 500
-
-
total
-
-
-
-
Dividends
2 346
2 500
-
-
withholding
117
125
-
-
total
117
125
-
-
Income
2 500
2 500
2 500
2 500
Total tax
148
125
500
25
After tax
2 352
2 375
2 000
2 475
Living cost
123
123
123
123
Free-cash
2 229
2 252
1 877
2 352

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
$810
$971
$1086
$809
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.

-
-
-
2 500
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.

-
-
-
45
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.

-
-
-
809
trade
-
-
-
276
total
-
-
-
1 214
Employee

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

614
-
2 500
-
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
-
809
-
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
-
45
-
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
-
938
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 886
2 500
-
-
trade
271
359
-
-
income
283
375
-
-
chamber of commerce
5
6
-
-
surtax

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

16
21
-
-
total
575
761
-
-
Dividends
1 312
1 740
-
-
withholding
323
430
-
-
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
24
-
-
total
341
454
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 053
1 215
938
1 214
After tax
1 447
1 285
1 562
1 286
Living cost
476
476
476
476
Free-cash
971
809
1 086
810

Estimated living cost  is $476 per week

$329
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.
$90
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
$885
$1023
$1188
$886
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.

-
-
-
2 500
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.

-
-
-
45
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.

-
-
-
809
trade
-
-
-
303
total
-
-
-
1 241
Employee

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

472
-
2 500
-
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
-
809
-
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
-
45
-
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
-
938
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 028
2 500
-
-
trade
319
394
-
-
income
304
375
-
-
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.

17
21
-
-
total
645
795
-
-
Dividends
1 383
1 705
-
-
withholding
341
422
-
-
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.

19
23
-
-
total
360
445
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 103
1 240
938
1 241
After tax
1 397
1 260
1 562
1 259
Living cost
374
374
374
374
Free-cash
1 023
886
1 188
885

Estimated living cost  is $374 per week

$235
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.
$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
$760
$936
$1077
$763
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.

-
-
-
2 500
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.

-
-
-
45
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.

-
-
-
809
trade
-
-
-
317
total
-
-
-
1 255
Employee

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

626
-
2 500
-
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.

54
-
809
-
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
-
45
-
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
141
-
938
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 874
2 500
-
-
trade
308
411
-
-
income
281
375
-
-
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.

15
21
-
-
total
609
812
-
-
Dividends
1 265
1 688
-
-
withholding
312
417
-
-
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
329
440
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 079
1 252
938
1 255
After tax
1 421
1 248
1 562
1 245
Living cost
485
485
485
485
Free-cash
936
763
1 077
760

Estimated living cost  is $485 per week

$324
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
$667
$869
$997
$669
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.

-
-
-
2 500
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.

-
-
-
45
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.

-
-
-
809
trade
-
-
-
330
total
-
-
-
1 268
Employee

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

741
-
2 500
-
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
-
809
-
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
-
45
-
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
-
938
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 759
2 500
-
-
trade
302
429
-
-
income
264
375
-
-
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
21
-
-
total
585
830
-
-
Dividends
1 174
1 670
-
-
withholding
289
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.

16
23
-
-
total
305
436
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 066
1 266
938
1 268
After tax
1 434
1 234
1 562
1 232
Living cost
565
565
565
565
Free-cash
869
669
997
667

Estimated living cost  is $565 per week

$413
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.
$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

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
$901
$1256
$826
$1295
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
-
-
-
2 500
surtax
-
-
-
123
unemployment
-
-
-
3
health
-
-
-
117
pensions
-
-
-
329
income
-
-
-
750
other
-
-
-
-
total
-
-
-
1 322
Employee
415
-
2 153
-
unemployment
29
-
115
-
other
-
-
-
-
income
70
-
676
-
surtax
1
-
108
-
pensions
28
-
110
-
health
11
-
42
-
total
139
-
1 051
-
Employer
415
-
2 153
-
pensions
55
-
219
-
other
-
-
-
-
health
19
-
75
-
unemployment
13
-
52
-
total
87
-
346
-
Corporate
1 997
2 500
-
-
income
519
650
-
-
total
519
650
-
-
Dividends
1 478
1 850
-
-
withholding
222
278
-
-
total
222
278
-
-
Income
2 500
2 500
2 500
2 500
Total tax
967
928
1 397
1 322
After tax
1 533
1 572
1 103
1 178
Living cost
277
277
277
277
Free-cash
1 256
1 295
826
901

Estimated living cost  is $277 per week

$167
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
$906
$1263
$831
$1300
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
-
-
-
2 500
surtax
-
-
-
123
unemployment
-
-
-
3
health
-
-
-
117
pensions
-
-
-
329
income
-
-
-
750
other
-
-
-
-
total
-
-
-
1 322
Employee
408
-
2 153
-
unemployment
28
-
115
-
other
-
-
-
-
income
68
-
676
-
surtax
1
-
108
-
pensions
27
-
110
-
health
10
-
42
-
total
134
-
1 051
-
Employer
408
-
2 153
-
pensions
54
-
219
-
other
-
-
-
-
health
19
-
75
-
unemployment
13
-
52
-
total
86
-
346
-
Corporate
2 006
2 500
-
-
income
522
650
-
-
total
522
650
-
-
Dividends
1 485
1 850
-
-
withholding
223
278
-
-
total
223
278
-
-
Income
2 500
2 500
2 500
2 500
Total tax
965
928
1 397
1 322
After tax
1 535
1 572
1 103
1 178
Living cost
272
272
272
272
Free-cash
1 263
1 300
831
906

Estimated living cost  is $272 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
$1485
$1162
$1203
$1157
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
-
-
-
2 500
unemployment
-
-
-
37
health
-
-
-
175
pensions
-
-
-
250
income
-
-
-
306
total
-
-
-
768
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.

356
142
2 092
-
unemployment
5
2
31
-
income
44
17
256
-
pensions
36
14
209
-
health
25
10
146
-
total
110
43
642
-
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.

356
142
2 092
-
pensions
69
28
408
-
total
69
28
408
-
Corporate
2 074
2 331
-
-
income
187
210
-
-
total
187
210
-
-
Dividends
1 888
2 121
-
-
withholding
359
403
-
-
social contributions
366
412
-
-
total
725
815
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 091
1 096
1 050
768
After tax
1 409
1 404
1 450
1 732
Living cost
247
247
247
247
Free-cash
1 162
1 157
1 203
1 485

Estimated living cost  is $247 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
$838
$954
$852
$964
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 500
national
-
-
-
462
pensions
-
-
-
300
social contributions
-
-
-
27
municipal
-
-
-
277
total
-
-
-
1 066
Employee
924
-
2 161
-
municipal
114
-
287
-
national
177
-
483
-
pensions
37
-
86
-
total
328
-
856
-
Employer
924
-
2 161
-
pensions
74
-
173
-
social contributions
10
-
23
-
total
84
-
196
-
Corporate
1 432
2 500
-
-
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%.

286
500
-
-
total
286
500
-
-
Dividends
1 145
2 000
-
-
withholding
252
440
-
-
total
252
440
-
-
Income
2 500
2 500
2 500
2 500
Total tax
950
940
1 052
1 066
After tax
1 550
1 560
1 448
1 434
Living cost
596
596
596
596
Free-cash
954
964
852
838

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
$576
$1074
$576
$1046
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
-
-
-
2 500
social contributions
-
-
-
425
income
-
-
-
796
total
-
-
-
1 221
Employee
965
-
2 500
-
social contributions
80
-
425
-
income
182
-
796
-
total
262
-
1 221
-
Employer
965
-
2 500
-
total
-
-
-
-
Corporate
1 535
2 500
-
-
income
192
313
-
-
total
192
313
-
-
Dividends
1 343
2 187
-
-
withholding
269
438
-
-
total
269
438
-
-
Income
2 500
2 500
2 500
2 500
Total tax
723
751
1 221
1 221
After tax
1 777
1 749
1 279
1 279
Living cost
703
703
703
703
Free-cash
1 074
1 046
576
576

Estimated living cost  is $703 per week

$535
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
$667
$748
$560
$813
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
-
-
-
2 500
national
-
-
-
650
regional
-
-
-
30
social contributions
-
-
-
617
municipal
-
-
-
15
total
-
-
-
1 312
Employee
1 096
-
2 500
-
municipal
6
-
14
-
national
190
-
568
-
social contributions
370
-
810
-
regional
10
-
27
-
total
576
-
1 419
-
Employer
1 096
-
2 500
-
total
-
-
-
-
Corporate
1 404
2 500
-
-
nationa
337
600
-
-
municipal
55
97
-
-
total
392
697
-
-
Dividends
1 012
1 803
-
-
withholding
263
469
-
-
total
263
469
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 231
1 166
1 419
1 312
After tax
1 269
1 334
1 081
1 188
Living cost
521
521
521
521
Free-cash
748
813
560
667

Estimated living cost  is $521 per week

$363
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.
$116
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
$848
$955
$742
$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
-
-
-
2 500
national
-
-
-
650
regional
-
-
-
38
social contributions
-
-
-
617
municipal
-
-
-
15
total
-
-
-
1 320
Employee
684
-
2 500
-
municipal
4
-
14
-
national
108
-
568
-
social contributions
231
-
810
-
regional
9
-
34
-
total
352
-
1 426
-
Employer
684
-
2 500
-
total
-
-
-
-
Corporate
1 816
2 500
-
-
nationa
436
600
-
-
municipal
90
124
-
-
total
526
724
-
-
Dividends
1 290
1 776
-
-
withholding
335
462
-
-
total
335
462
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 213
1 186
1 426
1 320
After tax
1 287
1 314
1 074
1 180
Living cost
332
332
332
332
Free-cash
955
982
742
848

Estimated living cost  is $332 per week

$207
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.
$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.
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