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
€ 1450
per

Your estimated
City
free-cash

Valencia , Spain
€645
€489
€538
€691
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
-
-
-
1 450
unemployment
-
-
-
7
income
-
-
-
351
other
-
-
-
1
accident
-
-
-
8
pensions
-
-
-
266
total
-
-
-
633
Employee
375
-
1 151
-
unemployment
6
-
15
-
pensions
18
-
44
-
income
72
-
321
-
other
-
-
1
-
total
96
-
381
-
Employer
375
-
1 151
-
pensions
88
-
222
-
accident
7
-
19
-
unemployment
21
-
52
-
other
3
-
8
-
total
119
-
301
-
Corporate
956
1 450
-
-
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.

143
218
-
-
total
143
218
-
-
Dividends
812
1 232
-
-
withholding
168
262
-
-
total
168
262
-
-
Income
1 450
1 450
1 450
1 450
Total tax
526
480
682
633
After tax
924
970
768
817
Living cost
279
279
279
279
Free-cash
645
691
489
538

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
€726
€560
€500
€796
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
-
-
-
1 450
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.

-
-
-
348
income
-
-
-
199
other
-
-
-
69
health
-
-
-
64
total
-
-
-
680
Employee
368
-
1 158
-
health
5
-
16
-
unemployment
4
-
12
-
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
-
81
-
income
63
-
219
-
total
98
-
328
-
Employer
368
-
1 158
-
health
5
-
16
-
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
-
197
-
accident
3
-
9
-
unemployment
4
-
12
-
other
18
-
58
-
total
93
-
292
-
Corporate
989
1 450
-
-
income
208
304
-
-
total
208
304
-
-
Dividends
782
1 146
-
-
withholding
55
80
-
-
total
55
80
-
-
Income
1 450
1 450
1 450
1 450
Total tax
454
384
620
680
After tax
996
1 066
830
770
Living cost
270
270
270
270
Free-cash
726
796
560
500

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
€1060
€1059
€1005
€1107
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
-
-
-
1 450
pensions

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

-
-
-
52
unemployment
-
-
-
1
income
-
-
-
218
health
-
-
-
41
total
-
-
-
312
Employee
176
-
1 381
-
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
-
income
18
-
138
-
total
43
-
189
-
Employer
176
-
1 381
-
health
12
-
24
-
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
-
unemployment
1
-
2
-
total
34
-
69
-
Corporate
1 240
1 450
-
-
income
124
145
-
-
total
124
145
-
-
Dividends
1 116
1 305
-
-
withholding
56
65
-
-
total
56
65
-
-
Income
1 450
1 450
1 450
1 450
Total tax
257
210
258
312
After tax
1 193
1 240
1 192
1 138
Living cost
133
133
133
133
Free-cash
1 060
1 107
1 059
1 005

Estimated living cost  is €133 per week

€78
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
€444
€488
€476
€383
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
-
-
-
1 450
income
-
-
-
200
other
-
-
-
45
health
-
-
-
51
social contributions
-
-
-
41
pensions
-
-
-
290
surtax
-
-
-
-
total
-
-
-
627
Employee
434
-
1 142
-
pensions
49
-
71
-
income
26
-
204
-
social contributions
12
-
33
-
surtax
-
-
-
-
total
87
-
308
-
Employer
434
-
1 142
-
health
30
-
96
-
social contributions
1
-
3
-
pensions
71
-
121
-
unemployment
18
-
46
-
other
15
-
41
-
total
135
-
307
-
Corporate
881
1 450
-
-
income
247
406
-
-
surtax
-
-
-
-
total
247
406
-
-
Dividends
634
1 044
-
-
social contributions
109
180
-
-
surtax
-
-
-
-
withholding
81
134
-
-
total
190
314
-
-
Income
1 450
1 450
1 450
1 450
Total tax
659
720
615
627
After tax
791
730
835
823
Living cost
347
347
347
347
Free-cash
444
383
488
476

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
€226
€444
€399
€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
-
-
-
1 450
pensions
-
-
-
119
income
-
-
-
382
health
-
-
-
125
total
-
-
-
626
Employee
865
865
1 262
-
health
133
113
125
-
pensions
156
119
119
-
income

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

142
142
148
-
total
431
374
392
-
Employer
865
865
1 262
-
health
60
60
75
-
pensions
60
60
75
-
unemployment
31
31
39
-
total
151
151
189
-
Corporate
444
433
-
-
income
89
87
-
-
total
89
87
-
-
Dividends
355
346
-
-
income
75
74
-
-
withholding
53
52
-
-
total
128
126
-
-
Income
1 450
1 450
1 450
1 450
Total tax
799
738
581
626
After tax
651
712
869
824
Living cost
425
425
425
425
Free-cash
226
287
444
399

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
€537
€640
€486
€425
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.

-
-
-
1 450
trade
-
-
-
154
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.

-
-
-
411
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
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.

-
-
-
23
total
-
-
-
657
Employee

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

388
-
1 450
-
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
-
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
-
411
-
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
-
23
-
total
81
-
503
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 062
1 450
-
-
income
159
218
-
-
trade
167
228
-
-
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
12
-
-
chamber of commerce
3
4
-
-
total
338
462
-
-
Dividends
724
989
-
-
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.

10
13
-
-
withholding
177
243
-
-
total
187
256
-
-
Income
1 450
1 450
1 450
1 450
Total tax
606
718
503
657
After tax
844
732
947
793
Living cost
307
307
307
307
Free-cash
537
425
640
486

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
€769
€759
€773
€824
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
-
-
-
1 450
income
-
-
-
241
health
-
-
-
37
social contributions
-
-
-
164
total
-
-
-
442
Employee
779
779
1 338
-
health
6
13
23
-
income
85
72
234
-
social contributions
29
65
87
-
total
120
150
344
-
Employer
779
779
1 338
-
health
7
14
25
-
social contributions
29
65
87
-
total
36
79
112
-
Corporate
1 059
592
-
-
income
132
74
-
-
total
132
74
-
-
Dividends
927
518
-
-
withholding
158
88
-
-
total
158
88
-
-
Income
1 450
1 450
1 450
1 450
Total tax
446
391
456
442
After tax
1 004
1 059
994
1 008
Living cost
235
235
235
235
Free-cash
769
824
759
773

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
€497
€370
€470
€507
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.

-
-
-
1 450
income
-
-
-
158
social contributions

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

-
-
-
504
surtax
-
-
-
-
total
-
-
-
662
Employee
466
-
1 172
-
income
97
-
355
-
social contributions
51
-
129
-
surtax
-
-
-
-
total
148
-
484
-
Employer
466
-
1 172
-
social contributions
111
-
278
-
total
111
-
278
-
Corporate
873
1 450
-
-
income
183
304
-
-
surtax
-
-
-
-
total
183
304
-
-
Dividends
690
1 146
-
-
withholding
193
321
-
-
total
193
321
-
-
Income
1 450
1 450
1 450
1 450
Total tax
635
625
762
662
After tax
815
825
688
788
Living cost
318
318
318
318
Free-cash
497
507
370
470

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
€1283
€1081
€1356
€1298
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%.

-
-
-
1 450
microenterprise

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

-
-
-
15
total
-
-
-
15
Employee
98
-
1 450
-
income
20
-
290
-
total
20
-
290
-
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%.

1 352
1 450
-
-
total
-
-
-
-
Dividends
1 352
1 450
-
-
withholding
68
73
-
-
total
68
73
-
-
Income
1 450
1 450
1 450
1 450
Total tax
88
73
290
15
After tax
1 362
1 377
1 160
1 435
Living cost
79
79
79
79
Free-cash
1 283
1 298
1 081
1 356

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.

Ljubljana , Slovenia
€642
€414
€453
€726
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.

-
-
-
1 450
pensions
-
-
-
265
unemployment
-
-
-
2
income
-
-
-
315
health
-
-
-
143
total
-
-
-
725
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
-
1 255
-
health
29
-
81
-
unemployment
1
-
2
-
pensions
69
-
194
-
income
77
-
291
-
total
176
-
568
-
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
-
1 255
-
health
30
-
84
-
pensions
40
-
111
-
unemployment
-
-
1
-
total
70
-
196
-
Corporate
932
1 450
-
-
income
177
276
-
-
total
177
276
-
-
Dividends
755
1 174
-
-
withholding
113
176
-
-
total
113
176
-
-
Income
1 450
1 450
1 450
1 450
Total tax
536
452
764
725
After tax
914
998
686
725
Living cost
272
272
272
272
Free-cash
642
726
414
453

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
€556
€683
€730
€520
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.

-
-
-
1 450
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.

-
-
-
64
total
-
-
-
352
Employee
465
-
1 403
-
social contributions
47
-
47
-
income
50
-
305
-
total
97
-
352
-
Employer
465
-
1 403
-
social contributions
47
-
47
-
total
47
-
47
-
Corporate
939
1 450
-
-
income
328
508
-
-
total
328
508
-
-
Dividends
610
942
-
-
social contributions
54
54
-
-
total
54
54
-
-
Income
1 450
1 450
1 450
1 450
Total tax
526
562
399
352
After tax
924
888
1 051
1 098
Living cost
368
368
368
368
Free-cash
556
520
683
730

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
€676
€696
€716
€670
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
-
-
-
1 450
income
-
-
-
218
health
-
-
-
101
social contributions
-
-
-
200
total
-
-
-
519
Employee
344
-
1 450
-
health
24
-
101
-
income
57
-
238
-
social contributions
47
-
200
-
total
128
-
539
-
Employer
344
-
1 450
-
total
-
-
-
-
Corporate
1 106
1 450
-
-
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%.

55
72
-
-
total
55
72
-
-
Dividends
1 051
1 378
-
-
social contributions
145
190
-
-
withholding
158
207
-
-
health
73
96
-
-
total
376
493
-
-
Income
1 450
1 450
1 450
1 450
Total tax
559
565
539
519
After tax
891
885
911
931
Living cost
215
215
215
215
Free-cash
676
670
696
716

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
€614
€452
€501
€715
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
-
-
-
1 450
income
-
-
-
138
health
-
-
-
196
social contributions
-
-
-
331
solidarity contribution
-
-
-
-
total
-
-
-
665
Employee
417
-
1 082
-
health
56
-
146
-
solidarity contribution
-
-
-
-
income
50
-
130
-
social contributions
27
-
70
-
total
133
-
346
-
Employer
417
-
1 082
-
health
38
-
97
-
social contributions
104
-
271
-
total
142
-
368
-
Corporate
891
1 450
-
-
income
169
275
-
-
total
169
275
-
-
Dividends
722
1 175
-
-
withholding
108
176
-
-
total
108
176
-
-
Income
1 450
1 450
1 450
1 450
Total tax
552
451
714
665
After tax
898
999
736
785
Living cost
284
284
284
284
Free-cash
614
715
452
501

Estimated living cost  is €284 per week

€211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€16
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
Tbilisi , Georgia
€1232
€1038
€1313
€1255
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%.

-
-
-
1 450
microenterprise

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

-
-
-
15
total
-
-
-
15
Employee
153
-
1 450
-
income
31
-
290
-
total
31
-
290
-
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%.

1 297
1 450
-
-
total
-
-
-
-
Dividends
1 297
1 450
-
-
withholding
65
73
-
-
total
65
73
-
-
Income
1 450
1 450
1 450
1 450
Total tax
96
73
290
15
After tax
1 354
1 377
1 160
1 435
Living cost
122
122
122
122
Free-cash
1 232
1 255
1 038
1 313

Estimated living cost  is €122 per week

€83
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€5
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€30
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
€312
€346
€334
€241
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
-
-
-
1 450
income
-
-
-
200
other
-
-
-
45
health
-
-
-
51
social contributions
-
-
-
41
pensions
-
-
-
290
surtax
-
-
-
-
total
-
-
-
627
Employee
635
-
1 142
-
pensions
72
-
71
-
income
55
-
204
-
social contributions
18
-
33
-
surtax
-
-
-
-
total
145
-
308
-
Employer
635
-
1 142
-
health
44
-
96
-
social contributions
2
-
3
-
pensions
104
-
121
-
unemployment
26
-
46
-
other
22
-
41
-
total
198
-
307
-
Corporate
617
1 450
-
-
income
173
406
-
-
surtax
-
-
-
-
total
173
406
-
-
Dividends
444
1 044
-
-
social contributions
76
180
-
-
surtax
-
-
-
-
withholding
57
134
-
-
total
133
314
-
-
Income
1 450
1 450
1 450
1 450
Total tax
649
720
615
627
After tax
801
730
835
823
Living cost
489
489
489
489
Free-cash
312
241
346
334

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
€822
€672
€673
€872
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.

-
-
-
1 450
pensions
-
-
-
194
unemployment
-
-
-
11
income
-
-
-
320
health
-
-
-
77
total
-
-
-
602
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
-
1 316
-
health
14
-
38
-
unemployment
2
-
6
-
pensions
37
-
105
-
income
36
-
320
-
total
89
-
469
-
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
-
1 316
-
health
14
-
38
-
pensions
32
-
90
-
unemployment
2
-
6
-
total
48
-
134
-
Corporate
1 139
1 450
-
-
income
171
218
-
-
total
171
218
-
-
Dividends
968
1 232
-
-
withholding
145
185
-
-
total
145
185
-
-
Income
1 450
1 450
1 450
1 450
Total tax
453
403
603
602
After tax
997
1 047
847
848
Living cost
175
175
175
175
Free-cash
822
872
672
673

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
€268
€422
€494
-€26
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
-
-
-
1 450
pensions
-
-
-
133
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.

-
-
-
29
health
-
-
-
3
regional
-
-
-
68
national
-
-
-
19
total
-
-
-
267
Employee
806
-
1 298
-
health
2
-
3
-
unemployment
-
-
-
-
city
9
-
14
-
pensions
68
-
109
-
regional
26
-
59
-
national
4
-
16
-
total
109
-
201
-
Employer
806
-
1 298
-
health
2
-
3
-
pensions
68
-
109
-
unemployment
-
-
-
-
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.

16
-
26
-
total
86
-
138
-
Corporate
549
1 450
-
-
regional
116
307
-
-
national
47
123
-
-
total
163
430
-
-
Dividends
386
1 020
-
-
withholding
135
357
-
-
total
135
357
-
-
Income
1 450
1 450
1 450
1 450
Total tax
493
787
339
267
After tax
957
663
1 111
1 183
Living cost
689
689
689
689
Free-cash
268
-26
422
494

Estimated living cost  is €689 per week

€448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€62
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.
€171
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
€557
€393
€592
€540
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

-
-
-
1 450
municipal
-
-
-
258
health
-
-
-
18
national
-
-
-
193
total
-
-
-
469
Employee
533
-
1 220
-
health
4
-
15
-
unemployment
8
-
18
-
pensions
36
-
82
-
national
9
-
124
-
municipal
87
-
199
-
total
144
-
438
-
Employer
533
-
1 220
-
health
4
-
9
-
pensions
92
-
212
-
accident
1
-
1
-
unemployment
3
-
8
-
total
100
-
230
-
Corporate
816
1 450
-
-
income
163
290
-
-
total
163
290
-
-
Dividends

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

490
870
-
-
municipal
88
157
-
-
national
9
74
-
-
total
97
231
-
-
Income
1 450
1 450
1 450
1 450
Total tax
504
521
668
469
After tax
946
929
782
981
Living cost
389
389
389
389
Free-cash
557
540
393
592

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
€290
€158
€268
€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
-
-
-
1 450
communal

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

-
-
-
73
social contributions
-
-
-
228
national
-
-
-
512
total
-
-
-
813
Employee

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

725
-
1 123
-
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
-
53
-
communal

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

38
-
59
-
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
-
10
-
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
-
84
-
national
223
-
389
-
total
355
-
595
-
Employer

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

725
-
1 123
-
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
-
69
-
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
-
100
-
surtax
82
-
127
-
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
-
15
-
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
-
total
211
-
327
-
Corporate
514
1 450
-
-
income
103
290
-
-
surtax
2
6
-
-
total
105
296
-
-
Dividends
409
1 154
-
-
withholding

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

119
343
-
-
total
119
343
-
-
Income
1 450
1 450
1 450
1 450
Total tax
790
639
922
813
After tax
660
811
528
637
Living cost
370
370
370
370
Free-cash
290
442
158
268

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
€341
€319
€331
€353
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
-
-
-
1 450
unemployment
-
-
-
1
municipal
-
-
-
349
other
-
-
-
112
health
-
-
-
60
national
-
-
-
52
accident
-
-
-
2
pensions
-
-
-
104
total
-
-
-
680
Employee
626
-
1 147
-
national
-
-
48
-
municipal
187
-
342
-
total
187
-
390
-
Employer
626
-
1 147
-
health
39
-
59
-
pensions
68
-
104
-
accident
1
-
2
-
unemployment
17
-
25
-
other
73
-
112
-
total
198
-
302
-
Corporate
627
1 450
-
-
income
138
319
-
-
total
138
319
-
-
Dividends
489
1 131
-
-
withholding
147
339
-
-
total
147
339
-
-
Income
1 450
1 450
1 450
1 450
Total tax
670
658
692
680
After tax
780
792
758
770
Living cost
439
439
439
439
Free-cash
341
353
319
331

Estimated living cost  is €439 per week

€291
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.
€98
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
-€240
€812
€513
€393
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
-
-
-
1 450
income
-
-
-
283
social contributions
-
-
-
165
total
-
-
-
448
Employee
701
-
-
-
income
155
-
-
-
social contributions
57
-
8
-
total
212
-
8
-
Employer
701
-
-
-
social contributions
989
-
141
-
total
989
-
141
-
Corporate
-
1 450
-
-
income
-
319
-
-
total
-
319
-
-
Dividends
-
1 131
-
-
income
-
249
-
-
total
-
249
-
-
Income
1 450
1 450
1 450
1 450
Total tax
1 201
568
149
448
After tax
249
882
1 301
1 002
Living cost
489
489
489
489
Free-cash
-240
393
812
513

Estimated living cost  is €489 per week

€317
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€46
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€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.
€119
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
€688
€665
€679
€730
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
-
-
-
1 450
income
-
-
-
241
health
-
-
-
37
social contributions
-
-
-
164
total
-
-
-
442
Employee
779
779
1 338
-
health
8
13
23
-
income
82
72
234
-
social contributions
38
65
87
-
total
128
150
344
-
Employer
779
779
1 338
-
health
8
14
25
-
social contributions
38
65
87
-
total
46
79
112
-
Corporate
948
592
-
-
income
118
74
-
-
total
118
74
-
-
Dividends
829
518
-
-
withholding
141
88
-
-
total
141
88
-
-
Income
1 450
1 450
1 450
1 450
Total tax
433
391
456
442
After tax
1 017
1 059
994
1 008
Living cost
329
329
329
329
Free-cash
688
730
665
679

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
€668
€485
€618
€614
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
-
-
-
1 450
income
-
-
-
385
pensions
-
-
-
83
total
-
-
-
468
Employee
499
-
1 269
-
health
7
-
19
-
pensions
38
-
104
-
income
91
-
297
-
total
136
-
420
-
Employer
499
-
1 269
-
health
9
-
24
-
pensions
50
-
157
-
total
59
-
181
-
Corporate
891
1 450
-
-
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.

169
276
-
-
total
169
276
-
-
Dividends
721
1 174
-
-
withholding
54
196
-
-
total
54
196
-
-
Income
1 450
1 450
1 450
1 450
Total tax
418
472
601
468
After tax
1 032
978
849
982
Living cost
364
364
364
364
Free-cash
668
614
485
618

Estimated living cost  is €364 per week

€250
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.
€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.
€76
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
€314
€226
€291
€360
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
-
-
-
1 450
municipal
-
-
-
10
regional
-
-
-
33
social contributions
-
-
-
373
national
-
-
-
339
total
-
-
-
755
Employee
854
-
1 450
-
social contributions
288
-
489
-
regional
13
-
28
-
national
144
-
294
-
municipal
5
-
9
-
total
450
-
820
-
Employer
854
-
1 450
-
total
-
-
-
-
Corporate
596
1 450
-
-
nationa
143
348
-
-
municipal
29
70
-
-
total
172
418
-
-
Dividends
424
1 032
-
-
withholding
110
268
-
-
total
110
268
-
-
Income
1 450
1 450
1 450
1 450
Total tax
732
686
820
755
After tax
718
764
630
695
Living cost
404
404
404
404
Free-cash
314
360
226
291

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
€85
€561
€777
-€99
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
-
-
-
1 450
pensions
-
-
-
41
income
-
-
-
389
other
-
-
-
4
health
-
-
-
21
accident
-
-
-
2
total
-
-
-
457
Employee
341
-
1 288
-
health
39
-
148
-
pensions
38
-
75
-
income
47
-
288
-
total
124
-
511
-
Employer
341
-
1 288
-
pensions
55
-
108
-
accident
6
-
22
-
unemployment
8
-
32
-
total
69
-
162
-
Corporate
1 040
1 450
-
-
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.

936
1 305
-
-
total
936
1 305
-
-
Dividends
104
145
-
-
withholding
20
28
-
-
total
20
28
-
-
Income
1 450
1 450
1 450
1 450
Total tax
1 149
1 333
673
457
After tax
301
117
777
993
Living cost
216
216
216
216
Free-cash
85
-99
561
777

Estimated living cost  is €216 per week

€159
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.
€41
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
€488
€556
€416
€355
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.

-
-
-
1 450
trade
-
-
-
140
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.

-
-
-
411
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
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.

-
-
-
23
total
-
-
-
643
Employee

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

504
-
1 450
-
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
-
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
-
411
-
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
-
23
-
total
112
-
503
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
946
1 450
-
-
income
142
218
-
-
trade
136
208
-
-
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
-
-
chamber of commerce
3
4
-
-
total
289
442
-
-
Dividends
657
1 009
-
-
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
14
-
-
withholding
161
248
-
-
total
170
262
-
-
Income
1 450
1 450
1 450
1 450
Total tax
571
704
503
643
After tax
879
746
947
807
Living cost
391
391
391
391
Free-cash
488
355
556
416

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
€865
€600
€248
€949
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.

-
-
-
1 450
income
-
-
-
233
microenterprise
-
-
-
-
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
-
-
-
370
total
-
-
-
991
Employee
296
-
1 168
-
income
53
-
228
-
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
-
129
-
surtax
-
-
-
-
total
86
-
357
-
Employer
296
-
1 168
-
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
-
282
-
surtax
-
-
-
-
total
71
-
282
-
Corporate
1 083
1 450
-
-
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%.

217
290
-
-
total
217
290
-
-
Dividends

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

866
1 160
-
-
total
-
-
-
-
Income
1 450
1 450
1 450
1 450
Total tax
374
290
639
991
After tax
1 076
1 160
811
459
Living cost
211
211
211
211
Free-cash
865
949
600
248

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
€758
€733
€742
€779
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
-
-
-
1 450
income
-
-
-
423
health
-
-
-
67
pensions
-
-
-
92
total
-
-
-
582
Employee
192
-
1 347
-
health
10
-
23
-
unemployment
2
-
5
-
pensions
17
-
41
-
income
37
-
418
-
total
66
-
487
-
Employer
192
-
1 347
-
health
18
-
44
-
pensions
21
-
51
-
unemployment
4
-
9
-
total
43
-
104
-
Corporate
1 215
1 450
-
-
income
267
319
-
-
total
267
319
-
-
Dividends
948
1 131
-
-
withholding
190
226
-
-
total
190
226
-
-
Income
1 450
1 450
1 450
1 450
Total tax
566
545
591
582
After tax
884
905
859
868
Living cost
126
126
126
126
Free-cash
758
779
733
742

Estimated living cost  is €126 per week

€75
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€10
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.
€38
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
€650
€423
€461
€684
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
-
-
-
1 450
pensions
-
-
-
270
unemployment
-
-
-
2
income
-
-
-
344
other
-
-
-
-
health
-
-
-
96
surtax
-
-
-
49
total
-
-
-
761
Employee
341
-
1 198
-
health
9
-
31
-
unemployment
24
-
83
-
pensions
23
-
80
-
income
57
-
310
-
other
-
-
-
-
surtax
1
-
43
-
total
114
-
547
-
Employer
341
-
1 198
-
health
16
-
54
-
pensions
46
-
160
-
unemployment
11
-
38
-
other
-
-
-
-
total
73
-
252
-
Corporate
1 037
1 450
-
-
income
270
377
-
-
total
270
377
-
-
Dividends
767
1 073
-
-
withholding
115
161
-
-
total
115
161
-
-
Income
1 450
1 450
1 450
1 450
Total tax
572
538
799
761
After tax
878
912
651
689
Living cost
228
228
228
228
Free-cash
650
684
423
461

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
€480
€61
€417
€484
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
-
-
-
1 450
pensions
-
-
-
219
chamber of commerce
-
-
-
6
unemployment
-
-
-
62
income
-
-
-
332
health
-
-
-
91
surtax
-
-
-
-
total
-
-
-
710
Employee
443
404
1 126
-
health
17
16
44
-
unemployment
13
12
34
-
pensions
45
41
115
-
income
39
30
266
-
other
4
4
11
-
total
118
103
470
-
Employer
443
404
1 126
-
health
17
15
43
-
pensions
56
51
141
-
surtax
-
-
-
-