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
$ 900
per

Your estimated
City
free-cash

Andorra , Andorra
$327
$400
$351
$442
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
-
-
-
900
social contributions
-
-
-
198
income
-
-
-
7
total
-
-
-
205
Employee
394
-
779
-
social contributions
26
-
51
-
income
-
-
9
-
total
26
-
60
-
Employer
394
-
779
-
social contributions
61
-
121
-
total
61
-
121
-
Corporate
445
900
-
-
income
45
90
-
-
total
45
90
-
-
Dividends
401
810
-
-
total
-
-
-
-
Income
900
900
900
900
Total tax
132
90
181
205
After tax
768
810
719
695
Living cost
368
368
368
368
Free-cash
400
442
351
327

Estimated living cost  is $368 per week

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

Additional information

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

Graz , Austria
$93
$114
-$77
$120
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
-
-
-
900
surtax
-
-
-
-
unemployment
-
-
-
75
health
-
-
-
69
chamber of commerce
-
-
-
4
pensions
-
-
-
167
income
-
-
-
101
total
-
-
-
416
Employee
535
488
699
-
unemployment
16
15
21
-
other
5
5
7
-
income
48
36
95
-
pensions
55
50
72
-
health
21
19
27
-
total
145
125
222
-
Employer
535
488
699
-
pensions
67
61
88
-
surtax
-
-
-
-
payroll
16
15
21
-
other
25
23
33
-
health
20
18
26
-
accident
7
6
9
-
unemployment
16
15
21
-
chamber of commerce
2
2
3
-
total
153
140
201
-
Corporate
211
272
652
-
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.

53
68
163
-
total
53
68
163
-
Dividends
158
204
-
-
withholding
44
56
-
-
total
44
56
-
-
Income
900
900
900
900
Total tax
395
389
586
416
After tax
505
511
314
484
Living cost
391
391
391
391
Free-cash
114
120
-77
93

Estimated living cost  is $391 per week

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

Additional information

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

Vienna , Austria
$51
$61
-$116
$79
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
-
-
-
900
surtax
-
-
-
2
unemployment
-
-
-
75
health
-
-
-
69
chamber of commerce
-
-
-
4
pensions
-
-
-
167
income
-
-
-
101
total
-
-
-
418
Employee
612
488
697
-
unemployment
18
15
21
-
other
6
5
7
-
income
70
36
94
-
pensions
63
50
71
-
health
24
19
27
-
total
181
125
220
-
Employer
612
488
697
-
pensions
77
61
87
-
surtax
2
2
2
-
payroll
18
15
21
-
other
29
23
33
-
health
23
18
26
-
accident
8
6
9
-
unemployment
18
15
21
-
chamber of commerce
2
2
3
-
total
177
142
202
-
Corporate
110
269
651
-
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.

27
67
163
-
total
27
67
163
-
Dividends
82
202
-
-
withholding
23
56
-
-
total
23
56
-
-
Income
900
900
900
900
Total tax
408
390
585
418
After tax
492
510
315
482
Living cost
431
431
431
431
Free-cash
61
79
-116
51

Estimated living cost  is $431 per week

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

Additional information

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

Brussels , Belgium
$8
-$231
-$75
$60
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
-
-
-
900
national
-
-
-
276
communal

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

-
-
-
47
social contributions
-
-
-
123
total
-
-
-
446
Employee

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

876
-
697
-
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
-
6
-
national
269
-
199
-
communal

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

46
-
36
-
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
-
52
-
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
-
33
-
total
430
-
326
-
Employer

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

876
-
697
-
surtax
99
-
79
-
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
-
62
-
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
-
43
-
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
-
9
-
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
-
10
-
total
255
-
203
-
Corporate
-
900
-
-
income
-
180
-
-
surtax
-
4
-
-
total
-
184
-
-
Dividends
-
716
-
-
withholding

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

-
210
-
-
total
-
210
-
-
Income
900
900
900
900
Total tax
685
394
529
446
After tax
215
506
371
454
Living cost
446
446
446
446
Free-cash
-231
60
-75
8

Estimated living cost  is $446 per week

$287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$39
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sofia , Bulgaria
$441
$484
$462
$559
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
-
-
-
900
unemployment
-
-
-
2
health
-
-
-
49
pensions

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

-
-
-
63
income
-
-
-
135
total
-
-
-
249
Employee
278
-
816
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
income
28
-
82
-
pensions

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

24
-
37
-
health
13
-
20
-
total
68
-
144
-
Employer
278
-
816
-
pensions

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

31
-
47
-
health
19
-
29
-
accident

We are using the highest rate at 1.1%.

3
-
5
-
unemployment
2
-
3
-
total
55
-
84
-
Corporate
567
900
-
-
income
57
90
-
-
total
57
90
-
-
Dividends
510
810
-
-
withholding
26
41
-
-
total
26
41
-
-
Income
900
900
900
900
Total tax
206
131
228
249
After tax
694
769
672
651
Living cost
210
210
210
210
Free-cash
484
559
462
441

Estimated living cost  is $210 per week

$139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$54
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
$491
$553
$512
$609
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
-
-
-
900
unemployment
-
-
-
2
health
-
-
-
49
pensions

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

-
-
-
63
income
-
-
-
135
total
-
-
-
249
Employee
212
-
816
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
income
21
-
82
-
pensions

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

19
-
37
-
health
10
-
20
-
total
52
-
144
-
Employer
212
-
816
-
pensions

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

23
-
47
-
health
15
-
29
-
accident

We are using the highest rate at 1.1%.

2
-
5
-
unemployment
1
-
3
-
total
41
-
84
-
Corporate
646
900
-
-
income
65
90
-
-
total
65
90
-
-
Dividends
582
810
-
-
withholding
29
41
-
-
total
29
41
-
-
Income
900
900
900
900
Total tax
187
131
228
249
After tax
713
769
672
651
Living cost
160
160
160
160
Free-cash
553
609
512
491

Estimated living cost  is $160 per week

$94
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$11
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$51
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Larnaca , Cyprus
$393
$311
$361
$341
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
-
-
-
900
health
-
-
-
23
social contributions
-
-
-
140
income
-
-
-
61
total
-
-
-
224
Employee
941
941
941
-
income
102
87
91
-
social contributions
36
78
68
-
health
7
16
14
-
total
145
181
173
-
Employer
941
941
941
-
social contributions
36
78
68
-
health
8
17
15
-
total
44
95
83
-
Corporate
428
-
-
-
income
53
-
-
-
total
53
-
-
-
Dividends
374
-
-
-
withholding
64
-
-
-
total
64
-
-
-
Income
900
900
900
900
Total tax
306
276
256
224
After tax
594
624
644
676
Living cost
283
283
283
283
Free-cash
311
341
361
393

Estimated living cost  is $283 per week

$170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$28
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$79
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
$279
$212
$247
$227
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
-
-
-
900
health
-
-
-
23
social contributions
-
-
-
140
income
-
-
-
61
total
-
-
-
224
Employee
941
941
941
-
income
99
87
91
-
social contributions
46
78
68
-
health
9
16
14
-
total
154
181
173
-
Employer
941
941
941
-
social contributions
46
78
68
-
health
10
17
15
-
total
56
95
83
-
Corporate
293
-
-
-
income
37
-
-
-
total
37
-
-
-
Dividends
256
-
-
-
withholding
44
-
-
-
total
44
-
-
-
Income
900
900
900
900
Total tax
291
276
256
224
After tax
609
624
644
676
Living cost
397
397
397
397
Free-cash
212
227
247
279

Estimated living cost  is $397 per week

$271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$31
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$88
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Brno , Czech Republic
$156
$236
$173
$337
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
-
-
-
900
health
-
-
-
121
social contributions
-
-
-
263
income
-
-
-
77
solidarity contribution
-
-
-
-
total
-
-
-
461
Employee
415
-
672
-
income
50
-
81
-
social contributions
27
-
44
-
health
56
-
91
-
solidarity contribution
-
-
-
-
total
133
-
216
-
Employer
415
-
672
-
social contributions
104
-
168
-
health
37
-
60
-
total
141
-
228
-
Corporate
343
900
-
-
income
65
171
-
-
total
65
171
-
-
Dividends
278
729
-
-
withholding
42
109
-
-
total
42
109
-
-
Income
900
900
900
900
Total tax
381
280
444
461
After tax
519
620
456
439
Living cost
283
283
283
283
Free-cash
236
337
173
156

Estimated living cost  is $283 per week

$196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$61
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
$91
$148
$108
$272
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
-
-
-
900
health
-
-
-
121
social contributions
-
-
-
263
income
-
-
-
77
solidarity contribution
-
-
-
-
total
-
-
-
461
Employee
512
-
672
-
income
61
-
81
-
social contributions
33
-
44
-
health
69
-
91
-
solidarity contribution
-
-
-
-
total
163
-
216
-
Employer
512
-
672
-
social contributions
128
-
168
-
health
46
-
60
-
total
174
-
228
-
Corporate
214
900
-
-
income
41
171
-
-
total
41
171
-
-
Dividends
173
729
-
-
withholding
26
109
-
-
total
26
109
-
-
Income
900
900
900
900
Total tax
404
280
444
461
After tax
496
620
456
439
Living cost
348
348
348
348
Free-cash
148
272
108
91

Estimated living cost  is $348 per week

$259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$19
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Copenhagen , Denmark
-$19
-$1774
-$1774
-$1774
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
-
-
-
900
national
-
-
-
90
pensions
-
-
-
11
municipal
-
-
-
156
labour market
-
-
-
71
total
-
-
-
328
Employee
2 496
2 496
2 496
-
municipal
531
531
531
-
national
305
305
305
-
pensions
4
4
4
-
labour market
199
199
199
-
total
1 039
1 039
1 039
-
Employer
2 496
2 496
2 496
-
pensions
7
7
7
-
labour market
200
200
200
-
municipal
532
532
532
-
national
305
305
305
-
total
1 044
1 044
1 044
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
900
900
900
900
Total tax
2 083
2 083
2 083
328
After tax
-1 183
-1 183
-1 183
572
Living cost
591
591
591
591
Free-cash
-1 774
-1 774
-1 774
-19

Estimated living cost  is $591 per week

$405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$52
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$9
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
$186
$348
$223
$424
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
-
-
-
900
health
-
-
-
117
pensions
-
-
-
180
income
-
-
-
121
total
-
-
-
418
Employee
347
-
673
-
unemployment
6
-
11
-
income
39
-
130
-
pensions
7
-
13
-
total
52
-
154
-
Employer
347
-
673
-
pensions
69
-
135
-
health
45
-
87
-
unemployment
3
-
5
-
total
117
-
227
-
Corporate
435
900
-
-
income
87
180
-
-
total
87
180
-
-
Dividends
348
720
-
-
total
-
-
-
-
Income
900
900
900
900
Total tax
256
180
381
418
After tax
644
720
519
482
Living cost
296
296
296
296
Free-cash
348
424
223
186

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
$201
$92
$69
$145
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

-
-
-
900
national
-
-
-
60
health
-
-
-
9
municipal
-
-
-
160
total
-
-
-
229
Employee
644
-
757
-
unemployment
10
-
11
-
municipal
105
-
124
-
national
11
-
25
-
pensions
43
-
51
-
health
5
-
7
-
total
174
-
218
-
Employer
644
-
757
-
pensions
112
-
131
-
health
5
-
6
-
accident
1
-
1
-
unemployment
4
-
5
-
total
122
-
143
-
Corporate
134
900
-
-
income
27
180
-
-
total
27
180
-
-
Dividends

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

81
540
-
-
municipal
15
97
-
-
national
-
8
-
-
total
15
105
-
-
Income
900
900
900
900
Total tax
338
285
361
229
After tax
562
615
539
671
Living cost
470
470
470
470
Free-cash
92
145
69
201

Estimated living cost  is $470 per week

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

Additional information

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

Marseille , France
$157
$146
$160
$77
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
-
-
-
900
surtax
-
-
-
-
health
-
-
-
8
pensions
-
-
-
254
social contributions
-
-
-
26
income
-
-
-
50
other
-
-
-
28
total
-
-
-
366
Employee
468
-
686
-
income
24
-
50
-
surtax
-
-
-
-
social contributions
13
-
20
-
pensions
53
-
78
-
total
90
-
148
-
Employer
468
-
686
-
pensions
77
-
113
-
social contributions
1
-
2
-
other
16
-
24
-
health
33
-
48
-
unemployment
19
-
28
-
total
146
-
215
-
Corporate
286
900
-
-
income
80
252
-
-
surtax
-
-
-
-
total
80
252
-
-
Dividends
206
648
-
-
withholding
26
83
-
-
social contributions
35
111
-
-
surtax
-
-
-
-
total
61
194
-
-
Income
900
900
900
900
Total tax
377
446
363
366
After tax
523
454
537
534
Living cost
377
377
377
377
Free-cash
146
77
160
157

Estimated living cost  is $377 per week

$219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$38
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
$115
$107
$118
$35
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
-
-
-
900
surtax
-
-
-
-
health
-
-
-
8
pensions
-
-
-
254
social contributions
-
-
-
26
income
-
-
-
50
other
-
-
-
28
total
-
-
-
366
Employee
524
-
686
-
income
31
-
50
-
surtax
-
-
-
-
social contributions
15
-
20
-
pensions
59
-
78
-
total
105
-
148
-
Employer
524
-
686
-
pensions
86
-
113
-
social contributions
2
-
2
-
other
18
-
24
-
health
37
-
48
-
unemployment
21
-
28
-
total
164
-
215
-
Corporate
212
900
-
-
income
59
252
-
-
surtax
-
-
-
-
total
59
252
-
-
Dividends
153
648
-
-
withholding
20
83
-
-
social contributions
26
111
-
-
surtax
-
-
-
-
total
46
194
-
-
Income
900
900
900
900
Total tax
374
446
363
366
After tax
526
454
537
534
Living cost
419
419
419
419
Free-cash
107
35
118
115

Estimated living cost  is $419 per week

$264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Paris , France
-$57
-$106
-$54
-$137
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
-
-
-
900
surtax
-
-
-
-
health
-
-
-
8
pensions
-
-
-
254
social contributions
-
-
-
26
income
-
-
-
50
other
-
-
-
28
total
-
-
-
366
Employee
767
-
686
-
income
67
-
50
-
surtax
-
-
-
-
social contributions
22
-
20
-
pensions
87
-
78
-
total
176
-
148
-
Employer
767
-
686
-
pensions
126
-
113
-
social contributions
2
-
2
-
other
26
-
24
-
health
54
-
48
-
unemployment
31
-
28
-
total
239
-
215
-
Corporate
-
900
-
-
income
-
252
-
-
surtax
-
-
-
-
total
-
252
-
-
Dividends
-
648
-
-
withholding
-
83
-
-
social contributions
-
111
-
-
surtax
-
-
-
-
total
-
194
-
-
Income
900
900
900
900
Total tax
415
446
363
366
After tax
485
454
537
534
Living cost
591
591
591
591
Free-cash
-106
-137
-54
-57

Estimated living cost  is $591 per week

$400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$48
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
$812
$761
$641
$776
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%.

-
-
-
900
microenterprise

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

-
-
-
9
total
-
-
-
9
Employee
99
-
900
-
income
20
-
180
-
total
20
-
180
-
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%.

801
900
-
-
total
-
-
-
-
Dividends
801
900
-
-
withholding
40
45
-
-
total
40
45
-
-
Income
900
900
900
900
Total tax
60
45
180
9
After tax
840
855
720
891
Living cost
79
79
79
79
Free-cash
761
776
641
812

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
$768
$709
$597
$732
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%.

-
-
-
900
microenterprise

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

-
-
-
9
total
-
-
-
9
Employee
154
-
900
-
income
31
-
180
-
total
31
-
180
-
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%.

746
900
-
-
total
-
-
-
-
Dividends
746
900
-
-
withholding
37
45
-
-
total
37
45
-
-
Income
900
900
900
900
Total tax
68
45
180
9
After tax
832
855
720
891
Living cost
123
123
123
123
Free-cash
709
732
597
768

Estimated living cost  is $123 per week

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

Additional information

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

Berlin , Germany
$150
$151
$197
-$7
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.

-
-
-
900
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.

-
-
-
8
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.

-
-
-
138
trade
-
-
-
47
total
-
-
-
277
Employee

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

609
-
900
-
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
-
138
-
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
-
8
-
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
-
230
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
291
900
-
-
trade
42
129
-
-
income
44
135
-
-
chamber of commerce
2
3
-
-
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.

2
7
-
-
total
90
274
-
-
Dividends
201
625
-
-
withholding
46
152
-
-
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
8
-
-
total
49
160
-
-
Income
900
900
900
900
Total tax
276
434
230
277
After tax
624
466
670
623
Living cost
473
473
473
473
Free-cash
151
-7
197
150

Estimated living cost  is $473 per week

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

Additional information

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

Dresden , Germany
$247
$219
$299
$85
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.

-
-
-
900
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.

-
-
-
8
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.

-
-
-
138
trade
-
-
-
52
total
-
-
-
282
Employee

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

468
-
900
-
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
-
138
-
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
-
8
-
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
-
230
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
432
900
-
-
trade
68
142
-
-
income
65
135
-
-
chamber of commerce
2
3
-
-
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.

4
7
-
-
total
139
287
-
-
Dividends
293
613
-
-
withholding
69
149
-
-
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.

4
8
-
-
total
73
157
-
-
Income
900
900
900
900
Total tax
310
444
230
282
After tax
590
456
670
618
Living cost
371
371
371
371
Free-cash
219
85
299
247

Estimated living cost  is $371 per week

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

Additional information

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

Hamburg , Germany
$135
$143
$189
-$29
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.

-
-
-
900
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.

-
-
-
8
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.

-
-
-
138
trade
-
-
-
54
total
-
-
-
284
Employee

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

621
-
900
-
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
-
138
-
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
-
8
-
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
-
230
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
279
900
-
-
trade
46
148
-
-
income
42
135
-
-
chamber of commerce
2
3
-
-
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.

2
7
-
-
total
92
293
-
-
Dividends
187
606
-
-
withholding
42
147
-
-
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.

2
8
-
-
total
44
155
-
-
Income
900
900
900
900
Total tax
276
448
230
284
After tax
624
452
670
616
Living cost
481
481
481
481
Free-cash
143
-29
189
135

Estimated living cost  is $481 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.
$101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Munich , Germany
$52
$84
$109
-$113
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.

-
-
-
900
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.

-
-
-
8
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.

-
-
-
138
trade
-
-
-
57
total
-
-
-
287
Employee

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

736
-
900
-
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
-
138
-
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
-
8
-
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
-
230
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
164
900
-
-
trade
28
154
-
-
income
25
135
-
-
chamber of commerce
2
3
-
-
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
7
-
-
total
56
299
-
-
Dividends
108
600
-
-
withholding
22
145
-
-
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
8
-
-
total
23
153
-
-
Income
900
900
900
900
Total tax
255
452
230
287
After tax
645
448
670
613
Living cost
561
561
561
561
Free-cash
84
-113
109
52

Estimated living cost  is $561 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
$216
$251
$196
$291
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
-
-
-
900
surtax
-
-
-
14
unemployment
-
-
-
3
health
-
-
-
64
pensions
-
-
-
180
income
-
-
-
148
other
-
-
-
-
total
-
-
-
409
Employee
412
-
744
-
unemployment
29
-
52
-
other
-
-
-
-
income
69
-
139
-
surtax
1
-
12
-
pensions
28
-
50
-
health
11
-
19
-
total
138
-
272
-
Employer
412
-
744
-
pensions
55
-
99
-
other
-
-
-
-
health
19
-
34
-
unemployment
13
-
24
-
total
87
-
157
-
Corporate
401
900
-
-
income
104
234
-
-
total
104
234
-
-
Dividends
297
666
-
-
withholding
45
100
-
-
total
45
100
-
-
Income
900
900
900
900
Total tax
374
334
429
409
After tax
526
566
471
491
Living cost
275
275
275
275
Free-cash
251
291
196
216

Estimated living cost  is $275 per week

$166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$24
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$79
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Thessaloniki , Greece
$221
$258
$201
$296
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
-
-
-
900
surtax
-
-
-
14
unemployment
-
-
-
3
health
-
-
-
64
pensions
-
-
-
180
income
-
-
-
148
other
-
-
-
-
total
-
-
-
409
Employee
405
-
744
-
unemployment
28
-
52
-
other
-
-
-
-
income
68
-
139
-
surtax
1
-
12
-
pensions
27
-
50
-
health
10
-
19
-
total
134
-
272
-
Employer
405
-
744
-
pensions
54
-
99
-
other
-
-
-
-
health
18
-
34
-
unemployment
13
-
24
-
total
85
-
157
-
Corporate
410
900
-
-
income
107
234
-
-
total
107
234
-
-
Dividends
303
666
-
-
withholding
46
100
-
-
total
46
100
-
-
Income
900
900
900
900
Total tax
372
334
429
409
After tax
528
566
471
491
Living cost
270
270
270
270
Free-cash
258
296
201
221

Estimated living cost  is $270 per week

$165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$74
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Budapest , Hungary
$381
$271
$279
$265
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
-
-
-
900
unemployment
-
-
-
13
health
-
-
-
63
pensions
-
-
-
90
income
-
-
-
110
total
-
-
-
276
Employee

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

The minimum wage is 138,000 HUF per month.

351
140
753
-
unemployment
5
2
11
-
income
43
17
92
-
pensions
35
14
75
-
health
25
10
53
-
total
108
43
231
-
Employer

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

The minimum wage is 138,000 HUF per month.

351
140
753
-
pensions
68
27
147
-
total
68
27
147
-
Corporate
481
733
-
-
income
43
66
-
-
total
43
66
-
-
Dividends
438
667
-
-
withholding
83
127
-
-
social contributions
84
129
-
-
total
167
256
-
-
Income
900
900
900
900
Total tax
386
392
378
276
After tax
514
508
522
624
Living cost
243
243
243
243
Free-cash
271
265
279
381

Estimated living cost  is $243 per week

$166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$52
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
-$41
-$102
-$33
-$31
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
-
-
-
900
national
-
-
-
140
pensions
-
-
-
108
social contributions
-
-
-
10
municipal
-
-
-
90
total
-
-
-
348
Employee
919
-
778
-
municipal
113
-
94
-
national
176
-
145
-
pensions
37
-
31
-
total
326
-
270
-
Employer
919
-
778
-
pensions
73
-
62
-
social contributions
10
-
8
-
total
83
-
70
-
Corporate
-
900
-
-
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%.

-
180
-
-
total
-
180
-
-
Dividends
-
720
-
-
withholding
-
158
-
-
total
-
158
-
-
Income
900
900
900
900
Total tax
409
338
340
348
After tax
491
562
560
552
Living cost
593
593
593
593
Free-cash
-102
-31
-33
-41

Estimated living cost  is $593 per week

$403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$55
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$9
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Dublin , Ireland
-$28
-$58
-$28
-$67
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
-
-
-
900
social contributions
-
-
-
73
income
-
-
-
158
total
-
-
-
231
Employee
958
-
900
-
social contributions
80
-
73
-
income
181
-
158
-
total
261
-
231
-
Employer
958
-
900
-
total
-
-
-
-
Corporate
-
900
-
-
income
-
113
-
-
total
-
113
-
-
Dividends
-
787
-
-
withholding
-
157
-
-
total
-
157
-
-
Income
900
900
900
900
Total tax
261
270
231
231
After tax
639
630
669
669
Living cost
697
697
697
697
Free-cash
-58
-67
-28
-28

Estimated living cost  is $697 per week

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

Additional information

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

Milan , Italy
-$31
-$189
-$80
-$37
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
-
-
-
900
national
-
-
-
169
regional
-
-
-
9
social contributions
-
-
-
231
municipal
-
-
-
5
total
-
-
-
414
Employee
1 088
-
900
-
municipal
6
-
5
-
national
189
-
147
-
social contributions
367
-
303
-
regional
10
-
8
-
total
572
-
463
-
Employer
1 088
-
900
-
total
-
-
-
-
Corporate
-
900
-
-
nationa
-
216
-
-
municipal
-
35
-
-
total
-
251
-
-
Dividends
-
649
-
-
withholding
-
169
-
-
total
-
169
-
-
Income
900
900
900
900
Total tax
572
420
463
414
After tax
328
480
437
486
Living cost
517
517
517
517
Free-cash
-189
-37
-80
-31

Estimated living cost  is $517 per week

$360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Naples , Italy
$151
$115
$103
$143
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
-
-
-
900
national
-
-
-
169
regional
-
-
-
14
social contributions
-
-
-
231
municipal
-
-
-
5
total
-
-
-
419
Employee
679
-
900
-
municipal
4
-
5
-
national
108
-
147
-
social contributions
229
-
303
-
regional
9
-
12
-
total
350
-
467
-
Employer
679
-
900
-
total
-
-
-
-
Corporate
221
900
-
-
nationa
53
216
-
-
municipal
11
45
-
-
total
64
261
-
-
Dividends
157
639
-
-
withholding
41
166
-
-
total
41
166
-
-
Income
900
900
900
900
Total tax
455
427
467
419
After tax
445
473
433
481
Living cost
330
330
330
330
Free-cash
115
143
103
151

Estimated living cost  is $330 per week

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