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
€ 1750
per

Your estimated
City
free-cash

Valencia , Spain
€659
€703
€888
€844
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
-
-
-
1 750
income
-
-
-
486
accident
-
-
-
8
unemployment
-
-
-
7
pensions
-
-
-
266
other
-
-
-
1
total
-
-
-
768
Employee
375
-
1 451
-
other
-
-
1
-
income
72
-
451
-
unemployment
6
-
15
-
pensions
18
-
44
-
total
96
-
511
-
Employer
375
-
1 451
-
unemployment
21
-
52
-
pensions
88
-
222
-
other
3
-
8
-
accident
7
-
19
-
total
119
-
301
-
Corporate
1 256
1 750
-
-
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.

188
262
-
-
total
188
262
-
-
Dividends
1 067
1 488
-
-
withholding
224
321
-
-
total
224
321
-
-
Income
1 750
1 750
1 750
1 750
Total tax
627
583
812
768
After tax
1 123
1 167
938
982
Living cost
279
279
279
279
Free-cash
844
888
659
703

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
€721
€702
€1015
€947
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
-
-
-
1 750
income
-
-
-
267
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
-
-
-
778
Employee
368
-
1 398
-
income
63
-
274
-
health
5
-
20
-
unemployment
4
-
14
-
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
-
98
-
total
98
-
406
-
Employer
368
-
1 398
-
unemployment
4
-
14
-
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
-
238
-
other
18
-
70
-
accident
3
-
11
-
health
5
-
20
-
total
93
-
353
-
Corporate
1 289
1 750
-
-
income
271
368
-
-
total
271
368
-
-
Dividends
1 019
1 382
-
-
withholding
71
97
-
-
total
71
97
-
-
Income
1 750
1 750
1 750
1 750
Total tax
533
465
759
778
After tax
1 217
1 285
991
972
Living cost
270
270
270
270
Free-cash
947
1 015
721
702

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
€1329
€1261
€1363
€1317
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
-
-
-
1 750
income
-
-
-
262
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
-
-
-
356
Employee
176
-
1 681
-
income
18
-
168
-
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
-
219
-
Employer
176
-
1 681
-
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
1 540
1 750
-
-
income
154
175
-
-
total
154
175
-
-
Dividends
1 386
1 575
-
-
withholding
69
79
-
-
total
69
79
-
-
Income
1 750
1 750
1 750
1 750
Total tax
300
254
288
356
After tax
1 450
1 496
1 462
1 394
Living cost
133
133
133
133
Free-cash
1 317
1 363
1 329
1 261

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
€618
€640
€535
€595
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
-
-
-
1 750
income
-
-
-
271
social contributions
-
-
-
50
health
-
-
-
73
surtax
-
-
-
-
pensions
-
-
-
315
other
-
-
-
54
total
-
-
-
763
Employee
434
-
1 358
-
income
26
-
261
-
social contributions
12
-
39
-
surtax
-
-
-
-
pensions
49
-
93
-
total
87
-
393
-
Employer
434
-
1 358
-
unemployment
18
-
55
-
social contributions
1
-
4
-
pensions
71
-
157
-
other
15
-
52
-
health
30
-
124
-
total
135
-
392
-
Corporate
1 181
1 750
-
-
income
331
490
-
-
surtax
-
-
-
-
total
331
490
-
-
Dividends
850
1 260
-
-
withholding
109
161
-
-
surtax
-
-
-
-
social contributions
146
217
-
-
total
255
378
-
-
Income
1 750
1 750
1 750
1 750
Total tax
808
868
785
763
After tax
942
882
965
987
Living cost
347
347
347
347
Free-cash
595
535
618
640

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
€664
€543
€440
€379
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
-
-
-
1 750
income
-
-
-
538
health
-
-
-
125
pensions
-
-
-
119
total
-
-
-
782
Employee
865
865
1 562
-
income

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

142
142
228
-
health
133
113
125
-
pensions
156
119
119
-
total
431
374
472
-
Employer
865
865
1 562
-
unemployment
31
31
39
-
pensions
60
60
75
-
health
60
60
75
-
total
151
151
189
-
Corporate
744
733
-
-
income
149
147
-
-
total
149
147
-
-
Dividends
595
586
-
-
withholding
89
88
-
-
income
126
125
-
-
total
215
213
-
-
Income
1 750
1 750
1 750
1 750
Total tax
946
885
661
782
After tax
804
865
1 089
968
Living cost
425
425
425
425
Free-cash
379
440
664
543

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
€807
€606
€577
€687
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.

-
-
-
1 750
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.

-
-
-
537
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
-
-
-
201
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.

-
-
-
30
total
-
-
-
837
Employee

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

388
-
1 750
-
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
-
537
-
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
-
30
-
total
81
-
636
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 362
1 750
-
-
chamber of commerce
4
4
-
-
income
204
262
-
-
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
14
-
-
trade
215
276
-
-
total
434
556
-
-
Dividends
929
1 193
-
-
withholding
228
294
-
-
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.

13
16
-
-
total
241
310
-
-
Income
1 750
1 750
1 750
1 750
Total tax
756
866
636
837
After tax
994
884
1 114
913
Living cost
307
307
307
307
Free-cash
687
577
807
606

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
€948
€962
€1042
€987
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
-
-
-
1 750
income
-
-
-
344
social contributions
-
-
-
164
health
-
-
-
45
total
-
-
-
553
Employee
779
779
1 633
-
income
85
72
335
-
social contributions
29
65
87
-
health
6
13
28
-
total
120
150
450
-
Employer
779
779
1 633
-
social contributions
29
65
87
-
health
7
14
30
-
total
36
79
117
-
Corporate
1 359
892
-
-
income
170
111
-
-
total
170
111
-
-
Dividends
1 189
780
-
-
withholding
202
133
-
-
total
202
133
-
-
Income
1 750
1 750
1 750
1 750
Total tax
528
473
567
553
After tax
1 222
1 277
1 183
1 197
Living cost
235
235
235
235
Free-cash
987
1 042
948
962

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
€488
€621
€677
€667
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.

-
-
-
1 750
income
-
-
-
203
social contributions

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

-
-
-
608
surtax
-
-
-
-
total
-
-
-
811
Employee
466
-
1 414
-
income
97
-
452
-
social contributions
51
-
156
-
surtax
-
-
-
-
total
148
-
608
-
Employer
466
-
1 414
-
social contributions
111
-
336
-
total
111
-
336
-
Corporate
1 173
1 750
-
-
income
246
368
-
-
surtax
-
-
-
-
total
246
368
-
-
Dividends
927
1 382
-
-
withholding
260
387
-
-
total
260
387
-
-
Income
1 750
1 750
1 750
1 750
Total tax
765
755
944
811
After tax
985
995
806
939
Living cost
318
318
318
318
Free-cash
667
677
488
621

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
€1327
€1659
€1590
€1576
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%.

-
-
-
1 750
microenterprise

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

-
-
-
18
total
-
-
-
18
Employee
91
-
1 750
-
income
18
-
350
-
total
18
-
350
-
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%.

1 659
1 750
-
-
total
-
-
-
-
Dividends
1 659
1 750
-
-
withholding
83
87
-
-
total
83
87
-
-
Income
1 750
1 750
1 750
1 750
Total tax
101
87
350
18
After tax
1 649
1 663
1 400
1 732
Living cost
73
73
73
73
Free-cash
1 576
1 590
1 327
1 659

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
€538
€584
€933
€848
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.

-
-
-
1 750
income
-
-
-
399
health
-
-
-
172
unemployment
-
-
-
3
pensions
-
-
-
320
total
-
-
-
894
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
-
1 514
-
income
77
-
369
-
health
29
-
98
-
unemployment
1
-
2
-
pensions
69
-
235
-
total
176
-
704
-
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
-
1 514
-
unemployment
-
-
1
-
pensions
40
-
134
-
health
30
-
101
-
total
70
-
236
-
Corporate
1 232
1 750
-
-
income
234
332
-
-
total
234
332
-
-
Dividends
998
1 418
-
-
withholding
150
213
-
-
total
150
213
-
-
Income
1 750
1 750
1 750
1 750
Total tax
630
545
940
894
After tax
1 120
1 205
810
856
Living cost
272
272
272
272
Free-cash
848
933
538
584

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
€878
€1028
€716
€751
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.

-
-
-
1 750
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
-
1 703
-
social contributions
47
-
47
-
income
50
-
410
-
total
97
-
457
-
Employer
465
-
1 703
-
social contributions
47
-
47
-
total
47
-
47
-
Corporate
1 239
1 750
-
-
income
433
612
-
-
total
433
612
-
-
Dividends
805
1 138
-
-
social contributions
54
54
-
-
total
54
54
-
-
Income
1 750
1 750
1 750
1 750
Total tax
631
666
504
354
After tax
1 119
1 084
1 246
1 396
Living cost
368
368
368
368
Free-cash
751
716
878
1 028

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
€873
€909
€853
€860
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
-
-
-
1 750
income
-
-
-
262
social contributions
-
-
-
242
health
-
-
-
122
total
-
-
-
626
Employee
344
-
1 750
-
income
57
-
298
-
social contributions
47
-
242
-
health
24
-
122
-
total
128
-
662
-
Employer
344
-
1 750
-
total
-
-
-
-
Corporate
1 406
1 750
-
-
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%.

70
88
-
-
total
70
88
-
-
Dividends
1 336
1 662
-
-
withholding
200
249
-
-
health
93
116
-
-
social contributions
184
229
-
-
total
477
594
-
-
Income
1 750
1 750
1 750
1 750
Total tax
675
682
662
626
After tax
1 075
1 068
1 088
1 124
Living cost
215
215
215
215
Free-cash
860
853
873
909

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
€659
€732
€930
€831
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
-
-
-
1 750
income
-
-
-
179
social contributions
-
-
-
321
solidarity contribution
-
-
-
7
health
-
-
-
236
total
-
-
-
743
Employee
404
-
1 353
-
solidarity contribution
-
-
-
-
income
49
-
165
-
social contributions
26
-
71
-
health
55
-
183
-
total
130
-
419
-
Employer
404
-
1 353
-
social contributions
101
-
275
-
health
36
-
122
-
total
137
-
397
-
Corporate
1 208
1 750
-
-
income
230
332
-
-
total
230
332
-
-
Dividends
979
1 418
-
-
withholding
147
213
-
-
total
147
213
-
-
Income
1 750
1 750
1 750
1 750
Total tax
644
545
816
743
After tax
1 106
1 205
934
1 007
Living cost
275
275
275
275
Free-cash
831
930
659
732

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
€1287
€1619
€1550
€1529
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%.

-
-
-
1 750
microenterprise

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

-
-
-
18
total
-
-
-
18
Employee
142
-
1 750
-
income
28
-
350
-
total
28
-
350
-
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%.

1 608
1 750
-
-
total
-
-
-
-
Dividends
1 608
1 750
-
-
withholding
80
87
-
-
total
80
87
-
-
Income
1 750
1 750
1 750
1 750
Total tax
108
87
350
18
After tax
1 642
1 663
1 400
1 732
Living cost
113
113
113
113
Free-cash
1 529
1 550
1 287
1 619

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
€476
€498
€393
€462
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
-
-
-
1 750
income
-
-
-
271
social contributions
-
-
-
50
health
-
-
-
73
surtax
-
-
-
-
pensions
-
-
-
315
other
-
-
-
54
total
-
-
-
763
Employee
635
-
1 358
-
income
55
-
261
-
social contributions
18
-
39
-
surtax
-
-
-
-
pensions
72
-
93
-
total
145
-
393
-
Employer
635
-
1 358
-
unemployment
26
-
55
-
social contributions
2
-
4
-
pensions
104
-
157
-
other
22
-
52
-
health
44
-
124
-
total
198
-
392
-
Corporate
917
1 750
-
-
income
257
490
-
-
surtax
-
-
-
-
total
257
490
-
-
Dividends
660
1 260
-
-
withholding
85
161
-
-
surtax
-
-
-
-
social contributions
114
217
-
-
total
199
378
-
-
Income
1 750
1 750
1 750
1 750
Total tax
799
868
785
763
After tax
951
882
965
987
Living cost
489
489
489
489
Free-cash
462
393
476
498

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
€897
€898
€1089
€1038
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.

-
-
-
1 750
income
-
-
-
395
health
-
-
-
77
unemployment
-
-
-
11
pensions
-
-
-
194
total
-
-
-
677
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
-
1 616
-
income
36
-
395
-
health
14
-
38
-
unemployment
2
-
6
-
pensions
37
-
105
-
total
89
-
544
-
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
-
1 616
-
unemployment
2
-
6
-
pensions
32
-
90
-
health
14
-
38
-
total
48
-
134
-
Corporate
1 439
1 750
-
-
income
216
263
-
-
total
216
263
-
-
Dividends
1 223
1 487
-
-
withholding
184
223
-
-
total
184
223
-
-
Income
1 750
1 750
1 750
1 750
Total tax
537
486
678
677
After tax
1 213
1 264
1 072
1 073
Living cost
175
175
175
175
Free-cash
1 038
1 089
897
898

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
€620
€699
€92
€394
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
-
-
-
1 750
regional
-
-
-
90
national
-
-
-
35
health
-
-
-
4
city
-
-
-
18
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.

-
-
-
35
pensions
-
-
-
161
total
-
-
-
343
Employee
828
-
1 567
-
regional
27
-
78
-
city
9
-
17
-
health
2
-
4
-
unemployment
-
-
-
-
national
4
-
26
-
pensions
70
-
131
-
total
112
-
256
-
Employer
828
-
1 567
-
unemployment
-
-
-
-
pensions
70
-
131
-
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
-
31
-
health
2
-
4
-
total
89
-
166
-
Corporate
825
1 750
-
-
regional
174
370
-
-
national
70
149
-
-
total
244
519
-
-
Dividends
580
1 231
-
-
withholding
203
431
-
-
total
203
431
-
-
Income
1 750
1 750
1 750
1 750
Total tax
648
950
422
343
After tax
1 102
800
1 328
1 407
Living cost
708
708
708
708
Free-cash
394
92
620
699

Estimated living cost  is €708 per week

€460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€64
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€9
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

Helsinki , Finland
€533
€744
€710
€735
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

-
-
-
1 750
municipal
-
-
-
311
national
-
-
-
283
health
-
-
-
23
total
-
-
-
617
Employee
533
-
1 472
-
health
4
-
18
-
unemployment
8
-
22
-
national
9
-
172
-
municipal
87
-
240
-
pensions
36
-
99
-
total
144
-
551
-
Employer
533
-
1 472
-
unemployment
3
-
10
-
pensions
92
-
255
-
accident
1
-
1
-
health
4
-
11
-
total
100
-
277
-
Corporate
1 116
1 750
-
-
income
223
350
-
-
total
223
350
-
-
Dividends

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

670
1 050
-
-
national
38
112
-
-
municipal
121
189
-
-
total
159
301
-
-
Income
1 750
1 750
1 750
1 750
Total tax
626
651
828
617
After tax
1 124
1 099
922
1 133
Living cost
389
389
389
389
Free-cash
735
710
533
744

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
€246
€388
€610
€458
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
-
-
-
1 750
national
-
-
-
649
social contributions
-
-
-
253
communal

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

-
-
-
90
total
-
-
-
992
Employee

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

725
-
1 355
-
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
-
64
-
communal

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

38
-
71
-
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
-
12
-
national
223
-
490
-
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
-
102
-
total
355
-
739
-
Employer

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

725
-
1 355
-
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
-
20
-
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
-
120
-
surtax
82
-
154
-
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
-
18
-
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
-
83
-
total
211
-
395
-
Corporate
814
1 750
-
-
income
163
350
-
-
surtax
3
7
-
-
total
166
357
-
-
Dividends
648
1 393
-
-
withholding

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

191
414
-
-
total
191
414
-
-
Income
1 750
1 750
1 750
1 750
Total tax
923
771
1 134
992
After tax
827
979
616
758
Living cost
370
370
370
370
Free-cash
458
610
246
388

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
€477
€487
€539
€529
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
-
-
-
1 750
municipal
-
-
-
443
national
-
-
-
138
health
-
-
-
57
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
99
other
-
-
-
106
total
-
-
-
846
Employee
594
-
1 463
-
national
-
-
133
-
municipal
177
-
436
-
total
177
-
569
-
Employer
594
-
1 463
-
unemployment
16
-
24
-
pensions
64
-
99
-
other
69
-
106
-
accident
1
-
2
-
health
37
-
56
-
total
187
-
287
-
Corporate
969
1 750
-
-
income
213
385
-
-
total
213
385
-
-
Dividends
756
1 365
-
-
withholding
227
409
-
-
total
227
409
-
-
Income
1 750
1 750
1 750
1 750
Total tax
804
794
856
846
After tax
946
956
894
904
Living cost
417
417
417
417
Free-cash
529
539
477
487

Estimated living cost  is €417 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
€1153
€753
€608
€105
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
-
-
-
1 750
income
-
-
-
341
social contributions
-
-
-
199
total
-
-
-
540
Employee
655
-
-
-
income
144
-
-
-
social contributions
54
-
8
-
total
198
-
8
-
Employer
655
-
-
-
social contributions
923
-
132
-
total
923
-
132
-
Corporate
172
1 750
-
-
income
38
385
-
-
total
38
385
-
-
Dividends
134
1 365
-
-
income
29
300
-
-
total
29
300
-
-
Income
1 750
1 750
1 750
1 750
Total tax
1 188
685
140
540
After tax
562
1 065
1 610
1 210
Living cost
457
457
457
457
Free-cash
105
608
1 153
753

Estimated living cost  is €457 per week

€296
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.
€112
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
€854
€868
€948
€905
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
-
-
-
1 750
income
-
-
-
344
social contributions
-
-
-
164
health
-
-
-
45
total
-
-
-
553
Employee
779
779
1 633
-
income
82
72
335
-
social contributions
38
65
87
-
health
8
13
28
-
total
128
150
450
-
Employer
779
779
1 633
-
social contributions
38
65
87
-
health
8
14
30
-
total
46
79
117
-
Corporate
1 248
892
-
-
income
156
111
-
-
total
156
111
-
-
Dividends
1 092
780
-
-
withholding
186
133
-
-
total
186
133
-
-
Income
1 750
1 750
1 750
1 750
Total tax
516
473
567
553
After tax
1 234
1 277
1 183
1 197
Living cost
329
329
329
329
Free-cash
905
948
854
868

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
€634
€792
€777
€834
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
-
-
-
1 750
income
-
-
-
501
pensions
-
-
-
89
total
-
-
-
590
Employee
505
-
1 529
-
income
92
-
395
-
health
7
-
22
-
pensions
39
-
110
-
total
138
-
527
-
Employer
505
-
1 529
-
pensions
51
-
192
-
health
10
-
29
-
total
61
-
221
-
Corporate
1 185
1 750
-
-
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.

225
332
-
-
total
225
332
-
-
Dividends
960
1 418
-
-
withholding
124
273
-
-
total
124
273
-
-
Income
1 750
1 750
1 750
1 750
Total tax
548
605
748
590
After tax
1 202
1 145
1 002
1 160
Living cost
368
368
368
368
Free-cash
834
777
634
792

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
€337
€414
€518
€472
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
-
-
-
1 750
municipal
-
-
-
12
regional
-
-
-
40
national
-
-
-
430
social contributions
-
-
-
450
total
-
-
-
932
Employee
854
-
1 750
-
regional
13
-
36
-
social contributions
288
-
590
-
national
144
-
373
-
municipal
5
-
10
-
total
450
-
1 009
-
Employer
854
-
1 750
-
total
-
-
-
-
Corporate
896
1 750
-
-
nationa
215
420
-
-
municipal
43
84
-
-
total
258
504
-
-
Dividends
638
1 246
-
-
withholding
166
324
-
-
total
166
324
-
-
Income
1 750
1 750
1 750
1 750
Total tax
874
828
1 009
932
After tax
876
922
741
818
Living cost
404
404
404
404
Free-cash
472
518
337
414

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
€743
€985
-€68
€108
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
-
-
-
1 750
income
-
-
-
488
health
-
-
-
21
accident
-
-
-
2
pensions
-
-
-
40
other
-
-
-
4
total
-
-
-
555
Employee
330
-
1 580
-
income
45
-
373
-
health
38
-
181
-
pensions
37
-
73
-
total
120
-
627
-
Employer
330
-
1 580
-
unemployment
8
-
39
-
pensions
54
-
105
-
accident
6
-
26
-
total
68
-
170
-
Corporate
1 353
1 750
-
-
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.

1 218
1 575
-
-
total
1 218
1 575
-
-
Dividends
135
175
-
-
withholding
26
33
-
-
total
26
33
-
-
Income
1 750
1 750
1 750
1 750
Total tax
1 432
1 608
797
555
After tax
318
142
953
1 195
Living cost
210
210
210
210
Free-cash
108
-68
743
985

Estimated living cost  is €210 per week

€154
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
€723
€539
€510
€643
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.

-
-
-
1 750
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.

-
-
-
537
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
-
-
-
184
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.

-
-
-
30
total
-
-
-
820
Employee

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

504
-
1 750
-
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
-
537
-
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
-
30
-
total
112
-
636
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 246
1 750
-
-
chamber of commerce
3
4
-
-
income
187
262
-
-
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
179
251
-
-
total
379
531
-
-
Dividends
867
1 218
-
-
withholding
213
301
-
-
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
17
-
-
total
225
318
-
-
Income
1 750
1 750
1 750
1 750
Total tax
716
849
636
820
After tax
1 034
901
1 114
930
Living cost
391
391
391
391
Free-cash
643
510
723
539

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
€519
€390
€1189
€1105
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.

-
-
-
1 750
microenterprise
-
-
-
-
income
-
-
-
315
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
-
-
-
446
total
-
-
-
1 149
Employee
296
-
1 314
-
income
53
-
260
-
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
-
-
191
-
total
86
-
584
-
Employer
296
-
1 314
-
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
-
-
145
-
total
71
-
436
-
Corporate
1 383
1 750
-
-
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%.

277
350
-
-
total
277
350
-
-
Dividends

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

1 106
1 400
-
-
total
-
-
-
-
Income
1 750
1 750
1 750
1 750
Total tax
434
350
1 020
1 149
After tax
1 316
1 400
730
601
Living cost
211
211
211
211
Free-cash
1 105
1 189
519
390

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
€918
€928
€960
€938
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
-
-
-
1 750
income
-
-
-
524
health
-
-
-
70
pensions
-
-
-
96
total
-
-
-
690
Employee
201
-
1 642
-
income
39
-
519
-
health
10
-
24
-
unemployment
2
-
5
-
pensions
18
-
43
-
total
69
-
591
-
Employer
201
-
1 642
-
unemployment
4
-
10
-
pensions
22
-
53
-
health
19
-
46
-
total
45
-
109
-
Corporate
1 504
1 750
-
-
income
331
385
-
-
total
331
385
-
-
Dividends
1 173
1 365
-
-
withholding
235
273
-
-
total
235
273
-
-
Income
1 750
1 750
1 750
1 750
Total tax
680
658
700
690
After tax
1 070
1 092
1 050
1 060
Living cost
132
132
132
132
Free-cash
938
960
918
928

Estimated living cost  is €132 per week

€78
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€11
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€40
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
€539
€602
€873
€839
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
-
-
-
1 750
income
-
-
-
479
health
-
-
-
96
unemployment
-
-
-
2
surtax
-
-
-
73
pensions
-
-
-
270
other
-
-
-
-
total
-
-
-
920
Employee
341
-
1 465
-
other
-
-
-
-
income
57
-
419
-
health
9
-
34
-
unemployment
24
-
94
-
surtax
1
-
61
-
pensions
23
-
90
-
total
114
-
698
-
Employer
341
-
1 465
-
unemployment
11
-
43
-
pensions
46
-
180
-
other
-
-
-
-
health
16
-
62
-
total
73
-
285
-
Corporate
1 337
1 750
-
-
income
348
455
-
-
total
348
455
-
-
Dividends
989
1 295
-
-
withholding
148
194
-
-
total
148
194
-
-
Income
1 750
1 750
1 750
1 750
Total tax
683
649
983
920
After tax
1 067
1 101
767
830
Living cost
228
228
228
228
Free-cash
839
873
539
602

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
€140
€577
€647
€643
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
-
-
-
1 750
income
-
-
-
471
chamber of commerce
-
-
-
7
health
-
-
-
91
unemployment
-
-
-
62
surtax
-
-
-
-
pensions
-
-
-
219
total
-
-
-
850
Employee
443
404
1 394
-
other
4
4
12
-
income
39
30
376
-
health
17
16
46
-
unemployment
13
12
36
-
pensions
45
41
121
-
total
118
103
591
-
Employer
443
404
1 394
-
unemployment
13
12
36
-
chamber of commerce
2
2
6
-
pensions
56