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
€ 1400
per

Your estimated
City
free-cash

Valencia , Spain
€458
€508
€659
€611
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
-
-
-
1 400
income
-
-
-
331
accident
-
-
-
8
unemployment
-
-
-
7
pensions
-
-
-
266
other
-
-
-
1
total
-
-
-
613
Employee
375
-
1 101
-
other
-
-
1
-
income
72
-
302
-
unemployment
6
-
15
-
pensions
18
-
44
-
total
96
-
362
-
Employer
375
-
1 101
-
unemployment
21
-
52
-
pensions
88
-
222
-
other
3
-
8
-
accident
7
-
19
-
total
119
-
301
-
Corporate
906
1 400
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

136
210
-
-
total
136
210
-
-
Dividends
770
1 190
-
-
withholding
159
252
-
-
total
159
252
-
-
Income
1 400
1 400
1 400
1 400
Total tax
510
462
663
613
After tax
890
938
737
787
Living cost
279
279
279
279
Free-cash
611
659
458
508

Estimated living cost  is €279 per week

€188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€27
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€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.
€59
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
Bratislava , Slovakia
€533
€475
€759
€690
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
-
-
-
1 400
income
-
-
-
191
health
-
-
-
62
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

-
-
-
336
other
-
-
-
66
total
-
-
-
655
Employee
368
-
1 118
-
income
63
-
210
-
health
5
-
16
-
unemployment
4
-
11
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

26
-
78
-
total
98
-
315
-
Employer
368
-
1 118
-
unemployment
4
-
11
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

63
-
190
-
other
18
-
56
-
accident
3
-
9
-
health
5
-
16
-
total
93
-
282
-
Corporate
939
1 400
-
-
income
197
294
-
-
total
197
294
-
-
Dividends
742
1 106
-
-
withholding
52
77
-
-
total
52
77
-
-
Income
1 400
1 400
1 400
1 400
Total tax
440
371
597
655
After tax
960
1 029
803
745
Living cost
270
270
270
270
Free-cash
690
759
533
475

Estimated living cost  is €270 per week

€191
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.
€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.
€57
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
€1014
€963
€1064
€1017
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
-
-
-
1 400
income
-
-
-
210
health
-
-
-
41
unemployment
-
-
-
1
pensions

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

-
-
-
52
total
-
-
-
304
Employee
176
-
1 331
-
income
18
-
133
-
health
8
-
16
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
pensions

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

15
-
31
-
total
43
-
184
-
Employer
176
-
1 331
-
unemployment
1
-
2
-
pensions

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

19
-
39
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
health
12
-
24
-
total
34
-
69
-
Corporate
1 190
1 400
-
-
income
119
140
-
-
total
119
140
-
-
Dividends
1 071
1 260
-
-
withholding
54
63
-
-
total
54
63
-
-
Income
1 400
1 400
1 400
1 400
Total tax
250
203
253
304
After tax
1 150
1 197
1 147
1 096
Living cost
133
133
133
133
Free-cash
1 017
1 064
1 014
963

Estimated living cost  is €133 per week

€77
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€9
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.
€42
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
€466
€449
€359
€418
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
-
-
-
1 400
income
-
-
-
188
social contributions
-
-
-
40
health
-
-
-
47
surtax
-
-
-
-
pensions
-
-
-
286
other
-
-
-
43
total
-
-
-
604
Employee
434
-
1 106
-
income
26
-
195
-
social contributions
12
-
32
-
surtax
-
-
-
-
pensions
49
-
67
-
total
87
-
294
-
Employer
434
-
1 106
-
unemployment
18
-
45
-
social contributions
1
-
3
-
pensions
71
-
115
-
other
15
-
39
-
health
30
-
91
-
total
135
-
293
-
Corporate
831
1 400
-
-
income
233
392
-
-
surtax
-
-
-
-
total
233
392
-
-
Dividends
598
1 008
-
-
withholding
77
129
-
-
surtax
-
-
-
-
social contributions
103
173
-
-
total
180
302
-
-
Income
1 400
1 400
1 400
1 400
Total tax
635
694
587
604
After tax
765
706
813
796
Living cost
347
347
347
347
Free-cash
418
359
466
449

Estimated living cost  is €347 per week

€219
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.
€94
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
Rotterdam , Netherlands
€400
€374
€262
€200
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
-
-
-
1 400
income
-
-
-
357
health
-
-
-
125
pensions
-
-
-
119
total
-
-
-
601
Employee
865
865
1 212
-
income

It is possible to apply for a 30% ruling (tax reduction) for salaries over €37,000 per annum.

142
142
142
-
health
133
113
125
-
pensions
156
119
119
-
total
431
374
386
-
Employer
865
865
1 212
-
unemployment
31
31
39
-
pensions
60
60
75
-
health
60
60
75
-
total
151
151
189
-
Corporate
394
383
-
-
income
79
77
-
-
total
79
77
-
-
Dividends
315
306
-
-
withholding
47
46
-
-
income
67
65
-
-
total
114
111
-
-
Income
1 400
1 400
1 400
1 400
Total tax
775
713
575
601
After tax
625
687
825
799
Living cost
425
425
425
425
Free-cash
200
262
400
374

Estimated living cost  is €425 per week

€301
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.
€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
Dresden , Germany
€613
€467
€399
€512
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.

-
-
-
1 400
income

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

-
-
-
390
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.

-
-
-
69
trade
-
-
-
146
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.

-
-
-
21
total
-
-
-
626
Employee

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

388
-
1 400
-
income

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

11
-
390
-
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.

69
-
69
-
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
-
21
-
total
81
-
480
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 012
1 400
-
-
chamber of commerce
3
4
-
-
income
152
210
-
-
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
12
-
-
trade
159
220
-
-
total
322
446
-
-
Dividends
690
954
-
-
withholding
169
235
-
-
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.

9
13
-
-
total
178
248
-
-
Income
1 400
1 400
1 400
1 400
Total tax
581
694
480
626
After tax
819
706
920
774
Living cost
307
307
307
307
Free-cash
512
399
613
467

Estimated living cost  is €307 per week

€193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€36
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.
€72
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.

Larnaca , Cyprus
€728
€741
€787
€733
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
-
-
-
1 400
income
-
-
-
224
social contributions
-
-
-
164
health
-
-
-
36
total
-
-
-
424
Employee
779
779
1 289
-
income
85
72
217
-
social contributions
29
65
87
-
health
6
13
22
-
total
120
150
326
-
Employer
779
779
1 289
-
social contributions
29
65
87
-
health
7
14
24
-
total
36
79
111
-
Corporate
1 009
542
-
-
income
126
68
-
-
total
126
68
-
-
Dividends
883
474
-
-
withholding
150
81
-
-
total
150
81
-
-
Income
1 400
1 400
1 400
1 400
Total tax
432
378
437
424
After tax
968
1 022
963
976
Living cost
235
235
235
235
Free-cash
733
787
728
741

Estimated living cost  is €235 per week

€141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€23
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€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.
€66
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
Lisbon , Portugal
€350
€445
€478
€468
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

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
1 400
income
-
-
-
151
social contributions

Social contributions in Portugal are calculated from the total income before any reductions apply.

-
-
-
486
surtax
-
-
-
-
total
-
-
-
637
Employee
466
-
1 131
-
income
97
-
339
-
social contributions
51
-
124
-
surtax
-
-
-
-
total
148
-
463
-
Employer
466
-
1 131
-
social contributions
111
-
269
-
total
111
-
269
-
Corporate
823
1 400
-
-
income
173
294
-
-
surtax
-
-
-
-
total
173
294
-
-
Dividends
650
1 106
-
-
withholding
182
310
-
-
total
182
310
-
-
Income
1 400
1 400
1 400
1 400
Total tax
614
604
732
637
After tax
786
796
668
763
Living cost
318
318
318
318
Free-cash
468
478
350
445

Estimated living cost  is €318 per week

€238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€19
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€56
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
€1047
€1313
€1257
€1244
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%.

-
-
-
1 400
microenterprise

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

-
-
-
14
total
-
-
-
14
Employee
91
-
1 400
-
income
18
-
280
-
total
18
-
280
-
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%.

1 309
1 400
-
-
total
-
-
-
-
Dividends
1 309
1 400
-
-
withholding
65
70
-
-
total
65
70
-
-
Income
1 400
1 400
1 400
1 400
Total tax
83
70
280
14
After tax
1 317
1 330
1 120
1 386
Living cost
73
73
73
73
Free-cash
1 244
1 257
1 047
1 313

Estimated living cost  is €73 per week

€45
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€6
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.
€20
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.

Ljubljana , Slovenia
€394
€431
€692
€607
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

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
1 400
income
-
-
-
301
health
-
-
-
138
unemployment
-
-
-
2
pensions
-
-
-
256
total
-
-
-
697
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

448
-
1 211
-
income
77
-
277
-
health
29
-
78
-
unemployment
1
-
2
-
pensions
69
-
188
-
total
176
-
545
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

448
-
1 211
-
unemployment
-
-
1
-
pensions
40
-
107
-
health
30
-
81
-
total
70
-
189
-
Corporate
882
1 400
-
-
income
168
266
-
-
total
168
266
-
-
Dividends
715
1 134
-
-
withholding
107
170
-
-
total
107
170
-
-
Income
1 400
1 400
1 400
1 400
Total tax
521
436
734
697
After tax
879
964
666
703
Living cost
272
272
272
272
Free-cash
607
692
394
431

Estimated living cost  is €272 per week

€187
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€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.
€63
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
€650
€678
€488
€523
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 use The Residence Programme or The Global Residence Programme.

-
-
-
1 400
income
-
-
-
288
health

This is an average price for a private worldwide health insurance. The price will vary depending on your age and health condition.

-
-
-
66
total
-
-
-
354
Employee
465
-
1 353
-
social contributions
47
-
47
-
income
50
-
288
-
total
97
-
335
-
Employer
465
-
1 353
-
social contributions
47
-
47
-
total
47
-
47
-
Corporate
889
1 400
-
-
income
311
490
-
-
total
311
490
-
-
Dividends
578
910
-
-
social contributions
54
54
-
-
total
54
54
-
-
Income
1 400
1 400
1 400
1 400
Total tax
509
544
382
354
After tax
891
856
1 018
1 046
Living cost
368
368
368
368
Free-cash
523
488
650
678

Estimated living cost  is €368 per week

€242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€29
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.
€91
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
Vilnius , Lithuania
€666
€684
€638
€645
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
-
-
-
1 400
income
-
-
-
210
social contributions
-
-
-
193
health
-
-
-
98
total
-
-
-
501
Employee
344
-
1 400
-
income
57
-
228
-
social contributions
47
-
193
-
health
24
-
98
-
total
128
-
519
-
Employer
344
-
1 400
-
total
-
-
-
-
Corporate
1 056
1 400
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

53
70
-
-
total
53
70
-
-
Dividends
1 004
1 330
-
-
withholding
151
200
-
-
health
70
93
-
-
social contributions
138
184
-
-
total
359
477
-
-
Income
1 400
1 400
1 400
1 400
Total tax
540
547
519
501
After tax
860
853
881
899
Living cost
215
215
215
215
Free-cash
645
638
666
684

Estimated living cost  is €215 per week

€144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€13
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
Prague , Czech Republic
€437
€483
€690
€594
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
-
-
-
1 400
income
-
-
-
134
social contributions
-
-
-
320
solidarity contribution
-
-
-
-
health
-
-
-
189
total
-
-
-
643
Employee
403
-
1 045
-
solidarity contribution
-
-
-
-
income
48
-
125
-
social contributions
26
-
68
-
health
54
-
141
-
total
128
-
334
-
Employer
403
-
1 045
-
social contributions
101
-
261
-
health
36
-
94
-
total
137
-
355
-
Corporate
860
1 400
-
-
income
163
266
-
-
total
163
266
-
-
Dividends
697
1 134
-
-
withholding
104
170
-
-
total
104
170
-
-
Income
1 400
1 400
1 400
1 400
Total tax
532
436
689
643
After tax
868
964
711
757
Living cost
274
274
274
274
Free-cash
594
690
437
483

Estimated living cost  is €274 per week

€204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€50
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
€1006
€1272
€1216
€1195
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%.

-
-
-
1 400
microenterprise

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

-
-
-
14
total
-
-
-
14
Employee
142
-
1 400
-
income
28
-
280
-
total
28
-
280
-
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%.

1 258
1 400
-
-
total
-
-
-
-
Dividends
1 258
1 400
-
-
withholding
63
70
-
-
total
63
70
-
-
Income
1 400
1 400
1 400
1 400
Total tax
91
70
280
14
After tax
1 309
1 330
1 120
1 386
Living cost
114
114
114
114
Free-cash
1 195
1 216
1 006
1 272

Estimated living cost  is €114 per week

€77
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.
€28
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.

Paris , France
€324
€307
€217
€287
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
-
-
-
1 400
income
-
-
-
188
social contributions
-
-
-
40
health
-
-
-
47
surtax
-
-
-
-
pensions
-
-
-
286
other
-
-
-
43
total
-
-
-
604
Employee
635
-
1 106
-
income
55
-
195
-
social contributions
18
-
32
-
surtax
-
-
-
-
pensions
72
-
67
-
total
145
-
294
-
Employer
635
-
1 106
-
unemployment
26
-
45
-
social contributions
2
-
3
-
pensions
104
-
115
-
other
22
-
39
-
health
44
-
91
-
total
198
-
293
-
Corporate
567
1 400
-
-
income
159
392
-
-
surtax
-
-
-
-
total
159
392
-
-
Dividends
408
1 008
-
-
withholding
52
129
-
-
surtax
-
-
-
-
social contributions
70
173
-
-
total
122
302
-
-
Income
1 400
1 400
1 400
1 400
Total tax
624
694
587
604
After tax
776
706
813
796
Living cost
489
489
489
489
Free-cash
287
217
324
307

Estimated living cost  is €489 per week

€331
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.
€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
Belgrade , Serbia
€634
€635
€836
€786
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

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

-
-
-
1 400
income
-
-
-
308
health
-
-
-
77
unemployment
-
-
-
11
pensions
-
-
-
194
total
-
-
-
590
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

263
-
1 266
-
income
36
-
308
-
health
14
-
38
-
unemployment
2
-
6
-
pensions
37
-
105
-
total
89
-
457
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

263
-
1 266
-
unemployment
2
-
6
-
pensions
32
-
90
-
health
14
-
38
-
total
48
-
134
-
Corporate
1 089
1 400
-
-
income
163
210
-
-
total
163
210
-
-
Dividends
926
1 190
-
-
withholding
139
179
-
-
total
139
179
-
-
Income
1 400
1 400
1 400
1 400
Total tax
439
389
591
590
After tax
961
1 011
809
810
Living cost
175
175
175
175
Free-cash
786
836
634
635

Estimated living cost  is €175 per week

€118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€14
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.
€39
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
Zurich , Switzerland
€369
€436
-€68
€234
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
-
-
-
1 400
regional
-
-
-
63
national
-
-
-
18
health
-
-
-
3
city
-
-
-
15
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
28
pensions
-
-
-
129
total
-
-
-
256
Employee
829
-
1 253
-
regional
27
-
55
-
city
9
-
13
-
health
2
-
3
-
unemployment
-
-
-
-
national
4
-
14
-
pensions
70
-
105
-
total
112
-
190
-
Employer
829
-
1 253
-
unemployment
-
-
-
-
pensions
70
-
105
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

17
-
25
-
health
2
-
3
-
total
89
-
133
-
Corporate
474
1 400
-
-
regional
100
296
-
-
national
40
119
-
-
total
140
415
-
-
Dividends
333
985
-
-
withholding
117
345
-
-
total
117
345
-
-
Income
1 400
1 400
1 400
1 400
Total tax
458
760
323
256
After tax
942
640
1 077
1 144
Living cost
708
708
708
708
Free-cash
234
-68
369
436

Estimated living cost  is €708 per week

€461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€64
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.
€175
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

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Helsinki , Finland
€369
€562
€512
€524
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

-
-
-
1 400
municipal
-
-
-
249
national
-
-
-
183
health
-
-
-
17
total
-
-
-
449
Employee
533
-
1 178
-
health
4
-
14
-
unemployment
8
-
18
-
national
9
-
116
-
municipal
87
-
192
-
pensions
36
-
80
-
total
144
-
420
-
Employer
533
-
1 178
-
unemployment
3
-
8
-
pensions
92
-
204
-
accident
1
-
1
-
health
4
-
9
-
total
100
-
222
-
Corporate
766
1 400
-
-
income
153
280
-
-
total
153
280
-
-
Dividends

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

460
840
-
-
national
7
68
-
-
municipal
83
151
-
-
total
90
219
-
-
Income
1 400
1 400
1 400
1 400
Total tax
487
499
642
449
After tax
913
901
758
951
Living cost
389
389
389
389
Free-cash
524
512
369
562

Estimated living cost  is €389 per week

€254
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.
€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.
€91
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.

Brussels , Belgium
€144
€250
€414
€262
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
-
-
-
1 400
national
-
-
-
490
social contributions
-
-
-
220
communal

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

-
-
-
71
total
-
-
-
781
Employee

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

725
-
1 084
-
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.

34
-
51
-
communal

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

38
-
57
-
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.

6
-
9
-
national
223
-
372
-
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.

54
-
81
-
total
355
-
570
-
Employer

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

725
-
1 084
-
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.

11
-
16
-
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.

64
-
96
-
surtax
82
-
123
-
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.

9
-
14
-
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.

45
-
67
-
total
211
-
316
-
Corporate
464
1 400
-
-
income
93
280
-
-
surtax
2
6
-
-
total
95
286
-
-
Dividends
369
1 114
-
-
withholding

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

107
331
-
-
total
107
331
-
-
Income
1 400
1 400
1 400
1 400
Total tax
768
617
886
781
After tax
632
783
514
619
Living cost
370
370
370
370
Free-cash
262
414
144
250

Estimated living cost  is €370 per week

€238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€32
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€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.
€93
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
Stockholm , Sweden
€317
€328
€350
€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
-
-
-
1 400
municipal
-
-
-
339
national
-
-
-
56
health
-
-
-
57
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
98
other
-
-
-
105
total
-
-
-
658
Employee
590
-
1 115
-
national
-
-
52
-
municipal
176
-
332
-
total
176
-
384
-
Employer
590
-
1 115
-
unemployment
16
-
24
-
pensions
64
-
98
-
other
69
-
105
-
accident
1
-
2
-
health
36
-
56
-
total
186
-
285
-
Corporate
625
1 400
-
-
income
137
308
-
-
total
137
308
-
-
Dividends
487
1 092
-
-
withholding
146
328
-
-
total
146
328
-
-
Income
1 400
1 400
1 400
1 400
Total tax
645
636
669
658
After tax
755
764
731
742
Living cost
414
414
414
414
Free-cash
341
350
317
328

Estimated living cost  is €414 per week

€274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€41
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.
€93
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
Oslo , Norway
€815
€519
€404
-€149
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
-
-
-
1 400
income
-
-
-
273
social contributions
-
-
-
160
total
-
-
-
433
Employee
642
-
-
-
income
142
-
-
-
social contributions
53
-
8
-
total
195
-
8
-
Employer
642
-
-
-
social contributions
906
-
129
-
total
906
-
129
-
Corporate
-
1 400
-
-
income
-
308
-
-
total
-
308
-
-
Dividends
-
1 092
-
-
income
-
240
-
-
total
-
240
-
-
Income
1 400
1 400
1 400
1 400
Total tax
1 101
548
137
433
After tax
299
852
1 263
967
Living cost
448
448
448
448
Free-cash
-149
404
815
519

Estimated living cost  is €448 per week

€291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€42
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€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.
€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
Limassol , Cyprus
€634
€647
€693
€651
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
-
-
-
1 400
income
-
-
-
224
social contributions
-
-
-
164
health
-
-
-
36
total
-
-
-
424
Employee
779
779
1 289
-
income
82
72
217
-
social contributions
38
65
87
-
health
8
13
22
-
total
128
150
326
-
Employer
779
779
1 289
-
social contributions
38
65
87
-
health
8
14
24
-
total
46
79
111
-
Corporate
898
542
-
-
income
112
68
-
-
total
112
68
-
-
Dividends
785
474
-
-
withholding
134
81
-
-
total
134
81
-
-
Income
1 400
1 400
1 400
1 400
Total tax
420
378
437
424
After tax
980
1 022
963
976
Living cost
329
329
329
329
Free-cash
651
693
634
647

Estimated living cost  is €329 per week

€225
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€26
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.
€73
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
Edinburgh , United Kingdom
€457
€586
€586
€623
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 400
income
-
-
-
364
pensions
-
-
-
82
total
-
-
-
446
Employee
505
-
1 226
-
income
92
-
278
-
health
7
-
19
-
pensions
39
-
104
-
total
138
-
401
-
Employer
505
-
1 226
-
pensions
51
-
151
-
health
10
-
23
-
total
61
-
174
-
Corporate
834
1 400
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

159
266
-
-
total
159
266
-
-
Dividends
676
1 134
-
-
withholding
51
180
-
-
total
51
180
-
-
Income
1 400
1 400
1 400
1 400
Total tax
409
446
575
446
After tax
991
954
825
954
Living cost
368
368
368
368
Free-cash
623
586
457
586

Estimated living cost  is €368 per week

€252
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.
€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.
€77
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Rome , Italy
€207
€271
€334
€288
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
-
-
-
1 400
municipal
-
-
-
9
regional
-
-
-
32
national
-
-
-
324
social contributions
-
-
-
360
total
-
-
-
725
Employee
854
-
1 400
-
regional
13
-
27
-
social contributions
288
-
472
-
national
144
-
282
-
municipal
5
-
8
-
total
450
-
789
-
Employer
854
-
1 400
-
total
-
-
-
-
Corporate
546
1 400
-
-
nationa
131
336
-
-
municipal
26
67
-
-
total
157
403
-
-
Dividends
389
997
-
-
withholding
101
259
-
-
total
101
259
-
-
Income
1 400
1 400
1 400
1 400
Total tax
708
662
789
725
After tax
692
738
611
675
Living cost
404
404
404
404
Free-cash
288
334
207
271

Estimated living cost  is €404 per week

€284
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.
€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
Gdansk , Poland
€543
€748
-€96
€82
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
-
-
-
1 400
income
-
-
-
376
health
-
-
-
21
accident
-
-
-
2
pensions
-
-
-
40
other
-
-
-
4
total
-
-
-
443
Employee
329
-
1 244
-
income
45
-
278
-
health
38
-
142
-
pensions
37
-
72
-
total
120
-
492
-
Employer
329
-
1 244
-
unemployment
8
-
30
-
pensions
53
-
105
-
accident
5
-
21
-
total
66
-
156
-
Corporate
1 004
1 400
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

904
1 260
-
-
total
904
1 260
-
-
Dividends
100
140
-
-
withholding
19
27
-
-
total
19
27
-
-
Income
1 400
1 400
1 400
1 400
Total tax
1 109
1 287
648
443
After tax
291
113
752
957
Living cost
209
209
209
209
Free-cash
82
-96
543
748

Estimated living cost  is €209 per week

€153
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.
€40
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

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

Berlin , Germany
€529
€396
€329
€464
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.

-
-
-
1 400
income

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

-
-
-
390
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.

-
-
-
69
trade
-
-
-
133
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.

-
-
-
21
total
-
-
-
613
Employee

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

504
-
1 400
-
income

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

41
-
390
-
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.

69
-
69
-
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
-
21
-
total
112
-
480
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
896
1 400
-
-
chamber of commerce
3
4
-
-
income
134
210
-
-
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.

7
12
-
-
trade
129
201
-
-
total
273
427
-
-
Dividends
623
974
-
-
withholding
152
240
-
-
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
13
-
-
total
160
253
-
-
Income
1 400
1 400
1 400
1 400
Total tax
545
680
480
613
After tax
855
720
920
787
Living cost
391
391
391
391
Free-cash
464
329
529
396

Estimated living cost  is €391 per week

€270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€42
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€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 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.

Riga , Latvia
€574
€223
€909
€825
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

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
1 400
microenterprise
-
-
-
-
income
-
-
-
221
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

-
-
-
388
surtax
-
-
-
357
total
-
-
-
966
Employee
296
-
1 128
-
income
53
-
219
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

33
-
124
-
surtax
-
-
-
-
total
86
-
343
-
Employer
296
-
1 128
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

71
-
272
-
surtax
-
-
-
-
total
71
-
272
-
Corporate
1 033
1 400
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

207
280
-
-
total
207
280
-
-
Dividends

In Latvia, local dividends are not subject to withholding tax.

826
1 120
-
-
total
-
-
-
-
Income
1 400
1 400
1 400
1 400
Total tax
364
280
615
966
After tax
1 036
1 120
785
434
Living cost
211
211
211
211
Free-cash
825
909
574
223

Estimated living cost  is €211 per week

€134
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.
€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
Istanbul , Turkey
€690
€700
€742
€720
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 400
income
-
-
-
402
health
-
-
-
70
pensions
-
-
-
96
total
-
-
-
568
Employee
200
-
1 292
-
income
39
-
397
-
health
10
-
24
-
unemployment
2
-
5
-
pensions
18
-
43
-
total
69
-
469
-
Employer
200
-
1 292
-
unemployment
4
-
10
-
pensions
22
-
53
-
health
19
-
46
-
total
45
-
109
-
Corporate
1 154
1 400
-
-
income
254
308
-
-
total
254
308
-
-
Dividends
900
1 092
-
-
withholding
180
218
-
-
total
180
218
-
-
Income
1 400
1 400
1 400
1 400
Total tax
548
526
578
568
After tax
852
874
822
832
Living cost
132
132
132
132
Free-cash
720
742
690
700

Estimated living cost  is €132 per week

€78
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.
€3
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.
€40
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
Athens , Greece
€406
€437
€653
€618
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
-
-
-
1 400
income
-
-
-
322
health
-
-
-
96
unemployment
-
-
-
2
surtax
-
-
-
45
pensions
-
-
-
270
other
-
-
-
-
total
-
-
-
735
Employee
341
-
1 157
-
other
-
-
-
-
income
57
-
294
-
health
9
-
30
-
unemployment
24
-
80
-
surtax
1
-
41
-
pensions
23
-
77
-
total
114
-
522
-
Employer
341
-
1 157
-
unemployment
11
-
37
-
pensions
46
-
154
-
other
-
-
-
-
health
16
-
53
-
total
73
-
244
-
Corporate
987
1 400
-
-
income
257
364
-
-
total
257
364
-
-
Dividends
730
1 036
-
-
withholding
110
155
-
-
total
110
155
-
-
Income
1 400
1 400
1 400
1 400
Total tax
554
519
766
735
After tax
846
881
634
665
Living cost
228
228
228
228
Free-cash
618
653
406
437

Estimated living cost  is €228 per week

€137
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.
€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
Graz , Austria
€52
€388
€457
€453
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
-
-
-
1 400
income
-
-
-
311
chamber of commerce
-
-
-
6
health
-
-
-
91
unemployment
-
-
-
62
surtax
-
-
-
-
pensions
-
-
-
219
total
-
-
-
689
Employee
443
404
1 087
-
other
4
4
11
-
income
39
30
253
-
health
17
16
42
-
unemployment
13
12
33
-
pensions
45
41
111
-
total
118
103
450
-
Employer
443
404
1 087
-
unemployment
13
12
33
-
chamber of commerce
2
2
4
-
pensions
56
51
136
-
payroll