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
€ 1650
per

Your estimated
City
free-cash

Valencia , Spain
€604
€648
€822
€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
-
-
-
1 650
income
-
-
-
441
accident
-
-
-
8
unemployment
-
-
-
7
pensions
-
-
-
266
other
-
-
-
1
total
-
-
-
723
Employee
375
-
1 351
-
other
-
-
1
-
income
72
-
406
-
unemployment
6
-
15
-
pensions
18
-
44
-
total
96
-
466
-
Employer
375
-
1 351
-
unemployment
21
-
52
-
pensions
88
-
222
-
other
3
-
8
-
accident
7
-
19
-
total
119
-
301
-
Corporate
1 156
1 650
-
-
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.

173
248
-
-
total
173
248
-
-
Dividends
982
1 402
-
-
withholding
204
301
-
-
total
204
301
-
-
Income
1 650
1 650
1 650
1 650
Total tax
592
549
767
723
After tax
1 058
1 101
883
927
Living cost
279
279
279
279
Free-cash
779
822
604
648

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
€669
€627
€943
€873
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
-
-
-
1 650
income
-
-
-
242
health
-
-
-
68
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.

-
-
-
370
other
-
-
-
73
total
-
-
-
753
Employee
368
-
1 318
-
income
63
-
256
-
health
5
-
18
-
unemployment
4
-
13
-
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
-
92
-
total
98
-
379
-
Employer
368
-
1 318
-
unemployment
4
-
13
-
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
-
224
-
other
18
-
66
-
accident
3
-
11
-
health
5
-
18
-
total
93
-
332
-
Corporate
1 189
1 650
-
-
income
250
346
-
-
total
250
346
-
-
Dividends
940
1 304
-
-
withholding
66
91
-
-
total
66
91
-
-
Income
1 650
1 650
1 650
1 650
Total tax
507
437
711
753
After tax
1 143
1 213
939
897
Living cost
270
270
270
270
Free-cash
873
943
669
627

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
€1239
€1176
€1278
€1231
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
-
-
-
1 650
income
-
-
-
247
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
-
-
-
341
Employee
176
-
1 581
-
income
18
-
158
-
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
-
209
-
Employer
176
-
1 581
-
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
1 440
1 650
-
-
income
144
165
-
-
total
144
165
-
-
Dividends
1 296
1 485
-
-
withholding
65
74
-
-
total
65
74
-
-
Income
1 650
1 650
1 650
1 650
Total tax
286
239
278
341
After tax
1 364
1 411
1 372
1 309
Living cost
133
133
133
133
Free-cash
1 231
1 278
1 239
1 176

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
€573
€585
€485
€544
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
-
-
-
1 650
income
-
-
-
247
social contributions
-
-
-
47
health
-
-
-
66
surtax
-
-
-
-
pensions
-
-
-
307
other
-
-
-
51
total
-
-
-
718
Employee
434
-
1 286
-
income
26
-
242
-
social contributions
12
-
37
-
surtax
-
-
-
-
pensions
49
-
86
-
total
87
-
365
-
Employer
434
-
1 286
-
unemployment
18
-
52
-
social contributions
1
-
4
-
pensions
71
-
145
-
other
15
-
49
-
health
30
-
115
-
total
135
-
365
-
Corporate
1 081
1 650
-
-
income
303
462
-
-
surtax
-
-
-
-
total
303
462
-
-
Dividends
778
1 188
-
-
withholding
100
152
-
-
surtax
-
-
-
-
social contributions
134
204
-
-
total
234
356
-
-
Income
1 650
1 650
1 650
1 650
Total tax
759
818
730
718
After tax
891
832
920
932
Living cost
347
347
347
347
Free-cash
544
485
573
585

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
€590
€495
€389
€328
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
-
-
-
1 650
income
-
-
-
486
health
-
-
-
125
pensions
-
-
-
119
total
-
-
-
730
Employee
865
865
1 462
-
income

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

142
142
202
-
health
133
113
125
-
pensions
156
119
119
-
total
431
374
446
-
Employer
865
865
1 462
-
unemployment
31
31
39
-
pensions
60
60
75
-
health
60
60
75
-
total
151
151
189
-
Corporate
644
633
-
-
income
129
127
-
-
total
129
127
-
-
Dividends
515
506
-
-
withholding
77
76
-
-
income
109
108
-
-
total
186
184
-
-
Income
1 650
1 650
1 650
1 650
Total tax
897
836
635
730
After tax
753
814
1 015
920
Living cost
425
425
425
425
Free-cash
328
389
590
495

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
€752
€566
€525
€638
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.

-
-
-
1 650
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.

-
-
-
495
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
-
-
-
186
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.

-
-
-
27
total
-
-
-
777
Employee

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

388
-
1 650
-
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
-
495
-
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
-
27
-
total
81
-
591
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 262
1 650
-
-
chamber of commerce
3
4
-
-
income
189
248
-
-
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
14
-
-
trade
199
260
-
-
total
401
526
-
-
Dividends
860
1 125
-
-
withholding
211
277
-
-
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.

12
15
-
-
total
223
292
-
-
Income
1 650
1 650
1 650
1 650
Total tax
705
818
591
777
After tax
945
832
1 059
873
Living cost
307
307
307
307
Free-cash
638
525
752
566

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
€886
€900
€969
€915
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
-
-
-
1 650
income
-
-
-
309
social contributions
-
-
-
164
health
-
-
-
42
total
-
-
-
515
Employee
779
779
1 534
-
income
85
72
301
-
social contributions
29
65
87
-
health
6
13
26
-
total
120
150
414
-
Employer
779
779
1 534
-
social contributions
29
65
87
-
health
7
14
28
-
total
36
79
115
-
Corporate
1 259
792
-
-
income
157
99
-
-
total
157
99
-
-
Dividends
1 102
693
-
-
withholding
187
118
-
-
total
187
118
-
-
Income
1 650
1 650
1 650
1 650
Total tax
500
446
529
515
After tax
1 150
1 204
1 121
1 135
Living cost
235
235
235
235
Free-cash
915
969
886
900

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
€449
€571
€621
€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

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.

-
-
-
1 650
income
-
-
-
188
social contributions

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

-
-
-
573
surtax
-
-
-
-
total
-
-
-
761
Employee
466
-
1 333
-
income
97
-
419
-
social contributions
51
-
147
-
surtax
-
-
-
-
total
148
-
566
-
Employer
466
-
1 333
-
social contributions
111
-
317
-
total
111
-
317
-
Corporate
1 073
1 650
-
-
income
225
346
-
-
surtax
-
-
-
-
total
225
346
-
-
Dividends
848
1 304
-
-
withholding
237
365
-
-
total
237
365
-
-
Income
1 650
1 650
1 650
1 650
Total tax
721
711
883
761
After tax
929
939
767
889
Living cost
318
318
318
318
Free-cash
611
621
449
571

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
€1247
€1561
€1495
€1481
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%.

-
-
-
1 650
microenterprise

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

-
-
-
16
total
-
-
-
16
Employee
91
-
1 650
-
income
18
-
330
-
total
18
-
330
-
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%.

1 559
1 650
-
-
total
-
-
-
-
Dividends
1 559
1 650
-
-
withholding
78
82
-
-
total
78
82
-
-
Income
1 650
1 650
1 650
1 650
Total tax
96
82
330
16
After tax
1 554
1 568
1 320
1 634
Living cost
73
73
73
73
Free-cash
1 481
1 495
1 247
1 561

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
€498
€542
€864
€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

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.

-
-
-
1 650
income
-
-
-
371
health
-
-
-
162
unemployment
-
-
-
2
pensions
-
-
-
301
total
-
-
-
836
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
-
1 428
-
income
77
-
343
-
health
29
-
92
-
unemployment
1
-
2
-
pensions
69
-
221
-
total
176
-
658
-
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
-
1 428
-
unemployment
-
-
1
-
pensions
40
-
126
-
health
30
-
95
-
total
70
-
222
-
Corporate
1 132
1 650
-
-
income
215
314
-
-
total
215
314
-
-
Dividends
917
1 336
-
-
withholding
138
200
-
-
total
138
200
-
-
Income
1 650
1 650
1 650
1 650
Total tax
599
514
880
836
After tax
1 051
1 136
770
814
Living cost
272
272
272
272
Free-cash
779
864
498
542

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
€813
€928
€650
€686
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.

-
-
-
1 650
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
-
1 603
-
social contributions
47
-
47
-
income
50
-
375
-
total
97
-
422
-
Employer
465
-
1 603
-
social contributions
47
-
47
-
total
47
-
47
-
Corporate
1 139
1 650
-
-
income
398
578
-
-
total
398
578
-
-
Dividends
740
1 072
-
-
social contributions
54
54
-
-
total
54
54
-
-
Income
1 650
1 650
1 650
1 650
Total tax
596
632
469
354
After tax
1 054
1 018
1 181
1 296
Living cost
368
368
368
368
Free-cash
686
650
813
928

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
€814
€844
€793
€798
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
-
-
-
1 650
income
-
-
-
248
social contributions
-
-
-
228
health
-
-
-
115
total
-
-
-
591
Employee
344
-
1 650
-
income
57
-
278
-
social contributions
47
-
228
-
health
24
-
115
-
total
128
-
621
-
Employer
344
-
1 650
-
total
-
-
-
-
Corporate
1 306
1 650
-
-
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%.

65
82
-
-
total
65
82
-
-
Dividends
1 241
1 568
-
-
withholding
186
235
-
-
health
87
109
-
-
social contributions
171
216
-
-
total
444
560
-
-
Income
1 650
1 650
1 650
1 650
Total tax
637
642
621
591
After tax
1 013
1 008
1 029
1 059
Living cost
215
215
215
215
Free-cash
798
793
814
844

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
€592
€664
€861
€763
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 650
income
-
-
-
166
social contributions
-
-
-
321
solidarity contribution
-
-
-
1
health
-
-
-
223
total
-
-
-
711
Employee
404
-
1 262
-
solidarity contribution
-
-
-
-
income
48
-
153
-
social contributions
26
-
71
-
health
55
-
170
-
total
129
-
394
-
Employer
404
-
1 262
-
social contributions
101
-
275
-
health
36
-
114
-
total
137
-
389
-
Corporate
1 109
1 650
-
-
income
211
314
-
-
total
211
314
-
-
Dividends
898
1 336
-
-
withholding
135
200
-
-
total
135
200
-
-
Income
1 650
1 650
1 650
1 650
Total tax
612
514
783
711
After tax
1 038
1 136
867
939
Living cost
275
275
275
275
Free-cash
763
861
592
664

Estimated living cost  is €275 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
€1207
€1521
€1455
€1434
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%.

-
-
-
1 650
microenterprise

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

-
-
-
16
total
-
-
-
16
Employee
142
-
1 650
-
income
28
-
330
-
total
28
-
330
-
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%.

1 508
1 650
-
-
total
-
-
-
-
Dividends
1 508
1 650
-
-
withholding
75
82
-
-
total
75
82
-
-
Income
1 650
1 650
1 650
1 650
Total tax
103
82
330
16
After tax
1 547
1 568
1 320
1 634
Living cost
113
113
113
113
Free-cash
1 434
1 455
1 207
1 521

Estimated living cost  is €113 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
€431
€443
€343
€413
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
-
-
-
1 650
income
-
-
-
247
social contributions
-
-
-
47
health
-
-
-
66
surtax
-
-
-
-
pensions
-
-
-
307
other
-
-
-
51
total
-
-
-
718
Employee
635
-
1 286
-
income
55
-
242
-
social contributions
18
-
37
-
surtax
-
-
-
-
pensions
72
-
86
-
total
145
-
365
-
Employer
635
-
1 286
-
unemployment
26
-
52
-
social contributions
2
-
4
-
pensions
104
-
145
-
other
22
-
49
-
health
44
-
115
-
total
198
-
365
-
Corporate
817
1 650
-
-
income
229
462
-
-
surtax
-
-
-
-
total
229
462
-
-
Dividends
588
1 188
-
-
withholding
75
152
-
-
surtax
-
-
-
-
social contributions
101
204
-
-
total
176
356
-
-
Income
1 650
1 650
1 650
1 650
Total tax
748
818
730
718
After tax
902
832
920
932
Living cost
489
489
489
489
Free-cash
413
343
431
443

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
€823
€1018
€966
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.

-
-
-
1 650
income
-
-
-
370
health
-
-
-
77
unemployment
-
-
-
11
pensions
-
-
-
194
total
-
-
-
652
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.

264
-
1 516
-
income
36
-
370
-
health
14
-
38
-
unemployment
2
-
6
-
pensions
37
-
105
-
total
89
-
519
-
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.

264
-
1 516
-
unemployment
2
-
6
-
pensions
32
-
90
-
health
14
-
38
-
total
48
-
134
-
Corporate
1 339
1 650
-
-
income
201
247
-
-
total
201
247
-
-
Dividends
1 138
1 403
-
-
withholding
171
210
-
-
total
171
210
-
-
Income
1 650
1 650
1 650
1 650
Total tax
509
457
653
652
After tax
1 141
1 193
997
998
Living cost
175
175
175
175
Free-cash
966
1 018
822
823

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
€551
€626
€48
€348
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
-
-
-
1 650
regional
-
-
-
82
national
-
-
-
29
health
-
-
-
4
city
-
-
-
17
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.

-
-
-
33
pensions
-
-
-
152
total
-
-
-
317
Employee
828
-
1 477
-
regional
27
-
71
-
city
9
-
16
-
health
2
-
3
-
unemployment
-
-
-
-
national
4
-
21
-
pensions
70
-
124
-
total
112
-
235
-
Employer
828
-
1 477
-
unemployment
-
-
-
-
pensions
70
-
124
-
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
-
30
-
health
2
-
3
-
total
89
-
157
-
Corporate
725
1 650
-
-
regional
153
349
-
-
national
62
140
-
-
total
215
489
-
-
Dividends
510
1 161
-
-
withholding
179
406
-
-
total
179
406
-
-
Income
1 650
1 650
1 650
1 650
Total tax
595
895
392
317
After tax
1 055
755
1 258
1 333
Living cost
707
707
707
707
Free-cash
348
48
551
626

Estimated living cost  is €707 per week

€460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€63
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
€485
€695
€654
€676
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

-
-
-
1 650
municipal
-
-
-
293
national
-
-
-
252
health
-
-
-
21
total
-
-
-
566
Employee
533
-
1 388
-
health
4
-
17
-
unemployment
8
-
21
-
national
9
-
156
-
municipal
87
-
226
-
pensions
36
-
94
-
total
144
-
514
-
Employer
533
-
1 388
-
unemployment
3
-
9
-
pensions
92
-
241
-
accident
1
-
1
-
health
4
-
11
-
total
100
-
262
-
Corporate
1 016
1 650
-
-
income
203
330
-
-
total
203
330
-
-
Dividends

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

610
990
-
-
national
28
99
-
-
municipal
110
178
-
-
total
138
277
-
-
Income
1 650
1 650
1 650
1 650
Total tax
585
607
776
566
After tax
1 065
1 043
874
1 084
Living cost
389
389
389
389
Free-cash
676
654
485
695

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
€218
€344
€554
€402
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
-
-
-
1 650
national
-
-
-
599
social contributions
-
-
-
253
communal

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

-
-
-
84
total
-
-
-
936
Employee

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

725
-
1 278
-
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
-
60
-
communal

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

38
-
67
-
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
-
11
-
national
223
-
456
-
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
-
96
-
total
355
-
690
-
Employer

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

725
-
1 278
-
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
-
19
-
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
-
113
-
surtax
82
-
145
-
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
-
17
-
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
-
79
-
total
211
-
373
-
Corporate
714
1 650
-
-
income
143
330
-
-
surtax
3
7
-
-
total
146
337
-
-
Dividends
568
1 313
-
-
withholding

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

167
390
-
-
total
167
390
-
-
Income
1 650
1 650
1 650
1 650
Total tax
879
727
1 063
936
After tax
771
923
587
714
Living cost
370
370
370
370
Free-cash
402
554
218
344

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
€432
€442
€485
€475
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
-
-
-
1 650
municipal
-
-
-
413
national
-
-
-
114
health
-
-
-
57
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
99
other
-
-
-
106
total
-
-
-
792
Employee
593
-
1 364
-
national
-
-
108
-
municipal
177
-
407
-
total
177
-
515
-
Employer
593
-
1 364
-
unemployment
16
-
24
-
pensions
64
-
99
-
other
69
-
106
-
accident
1
-
2
-
health
36
-
56
-
total
186
-
287
-
Corporate
871
1 650
-
-
income
192
363
-
-
total
192
363
-
-
Dividends
680
1 287
-
-
withholding
204
386
-
-
total
204
386
-
-
Income
1 650
1 650
1 650
1 650
Total tax
759
749
802
792
After tax
891
901
848
858
Living cost
416
416
416
416
Free-cash
475
485
432
442

Estimated living cost  is €416 per week

€276
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
€1057
€686
€550
€51
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
-
-
-
1 650
income
-
-
-
322
social contributions
-
-
-
188
total
-
-
-
510
Employee
650
-
-
-
income
143
-
-
-
social contributions
53
-
8
-
total
196
-
8
-
Employer
650
-
-
-
social contributions
917
-
131
-
total
917
-
131
-
Corporate
83
1 650
-
-
income
18
363
-
-
total
18
363
-
-
Dividends
65
1 287
-
-
income
14
283
-
-
total
14
283
-
-
Income
1 650
1 650
1 650
1 650
Total tax
1 145
646
139
510
After tax
505
1 004
1 511
1 140
Living cost
454
454
454
454
Free-cash
51
550
1 057
686

Estimated living cost  is €454 per week

€294
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.
€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.
€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
Limassol , Cyprus
€792
€806
€875
€833
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
-
-
-
1 650
income
-
-
-
309
social contributions
-
-
-
164
health
-
-
-
42
total
-
-
-
515
Employee
779
779
1 534
-
income
82
72
301
-
social contributions
38
65
87
-
health
8
13
26
-
total
128
150
414
-
Employer
779
779
1 534
-
social contributions
38
65
87
-
health
8
14
28
-
total
46
79
115
-
Corporate
1 148
792
-
-
income
143
99
-
-
total
143
99
-
-
Dividends
1 004
693
-
-
withholding
171
118
-
-
total
171
118
-
-
Income
1 650
1 650
1 650
1 650
Total tax
488
446
529
515
After tax
1 162
1 204
1 121
1 135
Living cost
329
329
329
329
Free-cash
833
875
792
806

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
€584
€733
€722
€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
-
-
-
1 650
income
-
-
-
462
pensions
-
-
-
87
total
-
-
-
549
Employee
505
-
1 442
-
income
92
-
362
-
health
7
-
21
-
pensions
39
-
108
-
total
138
-
491
-
Employer
505
-
1 442
-
pensions
51
-
180
-
health
10
-
27
-
total
61
-
207
-
Corporate
1 085
1 650
-
-
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.

206
314
-
-
total
206
314
-
-
Dividends
879
1 336
-
-
withholding
98
246
-
-
total
98
246
-
-
Income
1 650
1 650
1 650
1 650
Total tax
503
560
698
549
After tax
1 147
1 090
952
1 101
Living cost
368
368
368
368
Free-cash
779
722
584
733

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
€301
€373
€465
€420
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
-
-
-
1 650
municipal
-
-
-
11
regional
-
-
-
38
national
-
-
-
400
social contributions
-
-
-
424
total
-
-
-
873
Employee
854
-
1 650
-
regional
13
-
33
-
social contributions
288
-
556
-
national
144
-
346
-
municipal
5
-
10
-
total
450
-
945
-
Employer
854
-
1 650
-
total
-
-
-
-
Corporate
796
1 650
-
-
nationa
191
396
-
-
municipal
38
80
-
-
total
229
476
-
-
Dividends
567
1 174
-
-
withholding
147
305
-
-
total
147
305
-
-
Income
1 650
1 650
1 650
1 650
Total tax
826
781
945
873
After tax
824
869
705
777
Living cost
404
404
404
404
Free-cash
420
465
301
373

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
€687
€919
-€75
€101
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
-
-
-
1 650
income
-
-
-
456
health
-
-
-
21
accident
-
-
-
2
pensions
-
-
-
39
other
-
-
-
4
total
-
-
-
522
Employee
328
-
1 484
-
income
45
-
347
-
health
38
-
170
-
pensions
37
-
72
-
total
120
-
589
-
Employer
328
-
1 484
-
unemployment
8
-
36
-
pensions
53
-
104
-
accident
5
-
25
-
total
66
-
165
-
Corporate
1 255
1 650
-
-
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.

1 130
1 485
-
-
total
1 130
1 485
-
-
Dividends
126
165
-
-
withholding
24
31
-
-
total
24
31
-
-
Income
1 650
1 650
1 650
1 650
Total tax
1 340
1 516
754
522
After tax
310
134
896
1 128
Living cost
209
209
209
209
Free-cash
101
-75
687
919

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
€668
€499
€457
€593
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.

-
-
-
1 650
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.

-
-
-
495
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
-
-
-
169
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.

-
-
-
27
total
-
-
-
760
Employee

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

504
-
1 650
-
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
-
495
-
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
-
27
-
total
112
-
591
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 146
1 650
-
-
chamber of commerce
3
4
-
-
income
172
248
-
-
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
-
-
trade
164
237
-
-
total
348
503
-
-
Dividends
797
1 148
-
-
withholding
195
283
-
-
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.

11
16
-
-
total
206
299
-
-
Income
1 650
1 650
1 650
1 650
Total tax
666
802
591
760
After tax
984
848
1 059
890
Living cost
391
391
391
391
Free-cash
593
457
668
499

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
€462
€347
€1109
€1025
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.

-
-
-
1 650
microenterprise
-
-
-
-
income
-
-
-
283
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
-
-
-
421
total
-
-
-
1 092
Employee
296
-
1 224
-
income
53
-
240
-
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
-
133
-
surtax
-
-
178
-
total
86
-
551
-
Employer
296
-
1 224
-
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
-
291
-
surtax
-
-
135
-
total
71
-
426
-
Corporate
1 283
1 650
-
-
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%.

257
330
-
-
total
257
330
-
-
Dividends

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

1 026
1 320
-
-
total
-
-
-
-
Income
1 650
1 650
1 650
1 650
Total tax
414
330
977
1 092
After tax
1 236
1 320
673
558
Living cost
211
211
211
211
Free-cash
1 025
1 109
462
347

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
€853
€863
€898
€876
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
-
-
-
1 650
income
-
-
-
489
health
-
-
-
70
pensions
-
-
-
96
total
-
-
-
655
Employee
201
-
1 541
-
income
39
-
484
-
health
10
-
24
-
unemployment
2
-
5
-
pensions
18
-
43
-
total
69
-
556
-
Employer
201
-
1 541
-
unemployment
4
-
10
-
pensions
22
-
53
-
health
19
-
46
-
total
45
-
109
-
Corporate
1 403
1 650
-
-
income
309
363
-
-
total
309
363
-
-
Dividends
1 095
1 287
-
-
withholding
219
257
-
-
total
219
257
-
-
Income
1 650
1 650
1 650
1 650
Total tax
642
620
665
655
After tax
1 008
1 030
985
995
Living cost
132
132
132
132
Free-cash
876
898
853
863

Estimated living cost  is €132 per week

€79
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
€491
€556
€810
€776
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 650
income
-
-
-
434
health
-
-
-
96
unemployment
-
-
-
2
surtax
-
-
-
64
pensions
-
-
-
270
other
-
-
-
-
total
-
-
-
866
Employee
341
-
1 365
-
other
-
-
-
-
income
57
-
374
-
health
9
-
34
-
unemployment
24
-
94
-
surtax
1
-
54
-
pensions
23
-
90
-
total
114
-
646
-
Employer
341
-
1 365
-
unemployment
11
-
43
-
pensions
46
-
180
-
other
-
-
-
-
health
16
-
62
-
total
73
-
285
-
Corporate
1 237
1 650
-
-
income
322
429
-
-
total
322
429
-
-
Dividends
915
1 221
-
-
withholding
137
183
-
-
total
137
183
-
-
Income
1 650
1 650
1 650
1 650
Total tax
646
612
931
866
After tax
1 004
1 038
719
784
Living cost
228
228
228
228
Free-cash
776
810
491
556

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
€111
€525
€593
€588
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
-
-
-
1 650
income
-
-
-
423
chamber of commerce
-
-
-
7
health
-
-
-
91
unemployment
-
-
-
62
surtax
-
-
-
-
pensions
-
-
-
219
total
-
-
-
802
Employee
443
404
1 301
-
other
4
4
12
-
income
39
30
335
-
health
17
16
46
-
unemployment
13
12
36
-
pensions
45
41
121
-
total
118
103
550
-
Employer
443
404
1 301
-
unemployment
13
12
36
-
chamber of commerce
2
2
5
-
pensions
56
51