Health insurance for self-employed individuals

Member since 20 December 2016

andra33Member22 July 2017 19:45:24

Hello, everyone!

After months of research, I've finally found out how to register my business as a self-employed in Austria and obtain temporary residency. What I don't understand is how much I will have to pay for health insurance. I have read online that if you earn more than 6,500 Euros or so per year, you must pay a minimum of 369 Euros a month. Is it accurate? Do you pay every month or every trimester, bi-annually, etc?

I'm asking this because it seems quite high! How much can I expect to pay for health insurance for an income around 2,500 euros per month (more or less)? I need to know this before relocating there. I'm afraid that I will make this move and then discover that I have huge expenses. Can anyone help me with a piece of advice?

See also

Pregnancy in Austria - Guide
Travel Insurance - 2 Replies
Approved private health insurance / Krankenversicherung in Austria? - 3 Replies
Problems with residence permit due to health insurance coverage letter - 3 Replies
Pre-existing health condition and new health insurance - 2 Replies
Fully Comprehensive Car Insurance - restrictions? - 1 Reply
Self-employed taxes - 5 Replies

SimCityAT Expert

Member since 08 April 2014

SimCityATExpert23 July 2017 00:21:14

13593

Hi there, I am in the UK at the mmoment, I travel back to Austria in the morning. When I am back home I shall enquire for you.

SimCityAT
Expat.com Expert Team

SimCityAT Expert

Member since 08 April 2014

SimCityATExpert24 July 2017 19:33:46

13593

Hey there,

Not forgotten about you, just waiting to have a clear response.

Regards

SimCityAT

andra33 Member

Member since 20 December 2016

andra33Member24 July 2017 20:44:45

Ok, thank you! I appreciate it. Today I have contacted a friend from Salzburg and he said that the minimum health insurance is 182.26 euros/month and 127.16 euros/month for new/young businesses. These numbers are reasonable. But now I don't know what to believe. What I have read online is completely different.

SimCityAT Expert

Member since 08 April 2014

SimCityATExpert28 July 2017 13:40:55

13593

Self-employed pay social security contributions to the SVA, 18,5% of their profits for the pension insurance, 7,65% for their health insurance and a fixed amount of € 9,90.- per month for the work-accident insurance. More information about this in English can be found here: https://www.svagw.at/portal27/svaportal … de=content

The income tax depends on the height of the total income, the first 11.000.- per year are tax-free, the rest is between 25% and 55% depending on the total height. Information in English: https://investinaustria.at/en/downloads … a-2016.pdf

Both are to be paid every three months.

... in prepayments calculated from an assumed profit you tell the tax-office when registering, and at the end of the year you file an income tax-declaration and then they are adjusted to what you really earned.

I hope this answers your question.

andra33 Member

Member since 20 December 2016

andra33Member28 July 2017 21:50:05

Thank you very much! I have checked the file! I have one more question - for instance, if I anicipate an annual income of 15,000 euros for the first year, so I pay the 25% in income tax for the entire amount (15k), or just for 4,000 euros (15,000-11,000)? Is the income tax divided into four payments per year or payed in one lump sum? Thanks again! It really helps!

SimCityAT Expert

Member since 08 April 2014

SimCityATExpert29 July 2017 04:18:01

13593

andra33 wrote:
Thank you very much! I have checked the file! I have one more question - for instance, if I anicipate an annual income of 15,000 euros for the first year, so I pay the 25% in income tax for the entire amount (15k), or just for 4,000 euros (15,000-11,000)? Is the income tax divided into four payments per year or payed in one lump sum? Thanks again! It really helps!

I will look further into it, but as it the weekend, I will get back to you next week with the correct answer. If that's alright?