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
€844
€659
€703
€888
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
unemployment
-
-
-
7
income
-
-
-
486
other
-
-
-
1
accident
-
-
-
8
pensions
-
-
-
266
total
-
-
-
768
Employee
375
-
1 451
-
unemployment
6
-
15
-
pensions
18
-
44
-
income
72
-
451
-
other
-
-
1
-
total
96
-
511
-
Employer
375
-
1 451
-
pensions
88
-
222
-
accident
7
-
19
-
unemployment
21
-
52
-
other
3
-
8
-
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
€947
€721
€702
€1015
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
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
income
-
-
-
267
other
-
-
-
73
health
-
-
-
68
total
-
-
-
778
Employee
368
-
1 398
-
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
-
income
63
-
274
-
total
98
-
406
-
Employer
368
-
1 398
-
health
5
-
20
-
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
-
accident
3
-
11
-
unemployment
4
-
14
-
other
18
-
70
-
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
€1317
€1329
€1260
€1363
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
pensions

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

-
-
-
52
unemployment
-
-
-
1
income
-
-
-
263
health
-
-
-
41
total
-
-
-
357
Employee
176
-
1 680
-
health
8
-
16
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
pensions

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

15
-
31
-
income
18
-
168
-
total
43
-
219
-
Employer
176
-
1 680
-
health
12
-
24
-
pensions

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

19
-
39
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
unemployment
1
-
2
-
total
34
-
69
-
Corporate
1 539
1 750
-
-
income
154
175
-
-
total
154
175
-
-
Dividends
1 385
1 575
-
-
withholding
69
79
-
-
total
69
79
-
-
Income
1 750
1 750
1 750
1 750
Total tax
300
254
288
357
After tax
1 450
1 496
1 462
1 393
Living cost
133
133
133
133
Free-cash
1 317
1 363
1 329
1 260

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
€595
€618
€640
€535
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
other
-
-
-
54
health
-
-
-
73
social contributions
-
-
-
50
pensions
-
-
-
315
surtax
-
-
-
-
total
-
-
-
763
Employee
434
-
1 358
-
pensions
49
-
93
-
income
26
-
261
-
social contributions
12
-
39
-
surtax
-
-
-
-
total
87
-
393
-
Employer
434
-
1 358
-
health
30
-
124
-
social contributions
1
-
4
-
pensions
71
-
157
-
unemployment
18
-
55
-
other
15
-
52
-
total
135
-
392
-
Corporate
1 181
1 750
-
-
income
331
490
-
-
surtax
-
-
-
-
total
331
490
-
-
Dividends
850
1 260
-
-
social contributions
146
217
-
-
surtax
-
-
-
-
withholding
109
161
-
-
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
€379
€664
€543
€440
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
pensions
-
-
-
119
income
-
-
-
538
health
-
-
-
125
total
-
-
-
782
Employee
865
865
1 562
-
health
133
113
125
-
pensions
156
119
119
-
income

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

142
142
228
-
total
431
374
472
-
Employer
865
865
1 562
-
health
60
60
75
-
pensions
60
60
75
-
unemployment
31
31
39
-
total
151
151
189
-
Corporate
744
733
-
-
income
149
147
-
-
total
149
147
-
-
Dividends
595
586
-
-
income
126
125
-
-
withholding
89
88
-
-
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
€687
€807
€606
€577
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
trade
-
-
-
201
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
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
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

69
-
69
-
income

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

11
-
537
-
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
-
-
income
204
262
-
-
trade
215
276
-
-
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
-
-
chamber of commerce
4
4
-
-
total
434
556
-
-
Dividends
929
1 193
-
-
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
-
-
withholding
228
294
-
-
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
€987
€948
€962
€1042
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
health
-
-
-
45
social contributions
-
-
-
164
total
-
-
-
553
Employee
779
779
1 633
-
health
6
13
28
-
income
85
72
335
-
social contributions
29
65
87
-
total
120
150
450
-
Employer
779
779
1 633
-
health
7
14
30
-
social contributions
29
65
87
-
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
€667
€488
€621
€677
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
€1572
€1324
€1657
€1586
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.

-
-
-
17
total
-
-
-
17
Employee
95
-
1 750
-
income
19
-
350
-
total
19
-
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%.

1 655
1 750
-
-
total
-
-
-
-
Dividends
1 655
1 750
-
-
withholding
83
88
-
-
total
83
88
-
-
Income
1 750
1 750
1 750
1 750
Total tax
102
88
350
17
After tax
1 648
1 662
1 400
1 733
Living cost
76
76
76
76
Free-cash
1 572
1 586
1 324
1 657

Estimated living cost  is €76 per week

€47
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
€848
€538
€584
€933
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
pensions
-
-
-
320
unemployment
-
-
-
3
income
-
-
-
399
health
-
-
-
172
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
-
health
29
-
98
-
unemployment
1
-
2
-
pensions
69
-
235
-
income
77
-
369
-
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
-
health
30
-
101
-
pensions
40
-
134
-
unemployment
-
-
1
-
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
€751
€878
€1030
€716
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.

-
-
-
64
total
-
-
-
352
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
352
After tax
1 119
1 084
1 246
1 398
Living cost
368
368
368
368
Free-cash
751
716
878
1 030

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
€860
€873
€909
€853
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
-
-
-
122
social contributions
-
-
-
242
total
-
-
-
626
Employee
344
-
1 750
-
health
24
-
122
-
income
57
-
298
-
social contributions
47
-
242
-
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
-
-
social contributions
184
229
-
-
withholding
200
249
-
-
health
93
116
-
-
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
€821
€643
€719
€921
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
-
-
-
177
health
-
-
-
236
social contributions
-
-
-
331
solidarity contribution
-
-
-
4
total
-
-
-
748
Employee
416
-
1 346
-
health
56
-
182
-
solidarity contribution
-
-
-
-
income
50
-
164
-
social contributions
27
-
74
-
total
133
-
420
-
Employer
416
-
1 346
-
health
37
-
121
-
social contributions
104
-
283
-
total
141
-
404
-
Corporate
1 192
1 750
-
-
income
227
333
-
-
total
227
333
-
-
Dividends
966
1 417
-
-
withholding
145
213
-
-
total
145
213
-
-
Income
1 750
1 750
1 750
1 750
Total tax
646
546
824
748
After tax
1 104
1 204
926
1 002
Living cost
283
283
283
283
Free-cash
821
921
643
719

Estimated living cost  is €283 per week

€211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€16
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€52
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
€1523
€1282
€1615
€1544
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.

-
-
-
17
total
-
-
-
17
Employee
147
-
1 750
-
income
29
-
350
-
total
29
-
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%.

1 603
1 750
-
-
total
-
-
-
-
Dividends
1 603
1 750
-
-
withholding
80
88
-
-
total
80
88
-
-
Income
1 750
1 750
1 750
1 750
Total tax
109
88
350
17
After tax
1 641
1 662
1 400
1 733
Living cost
118
118
118
118
Free-cash
1 523
1 544
1 282
1 615

Estimated living cost  is €118 per week

€80
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.
€29
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
€462
€476
€498
€393
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 750
income
-
-
-
271
other
-
-
-
54
health
-
-
-
73
social contributions
-
-
-
50
pensions
-
-
-
315
surtax
-
-
-
-
total
-
-
-
763
Employee
635
-
1 358
-
pensions
72
-
93
-
income
55
-
261
-
social contributions
18
-
39
-
surtax
-
-
-
-
total
145
-
393
-
Employer
635
-
1 358
-
health
44
-
124
-
social contributions
2
-
4
-
pensions
104
-
157
-
unemployment
26
-
55
-
other
22
-
52
-
total
198
-
392
-
Corporate
917
1 750
-
-
income
257
490
-
-
surtax
-
-
-
-
total
257
490
-
-
Dividends
660
1 260
-
-
social contributions
114
217
-
-
surtax
-
-
-
-
withholding
85
161
-
-
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
€1038
€898
€898
€1090
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
pensions
-
-
-
194
unemployment
-
-
-
11
income
-
-
-
395
health
-
-
-
77
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.

263
-
1 616
-
health
14
-
38
-
unemployment
2
-
6
-
pensions
37
-
104
-
income
36
-
395
-
total
89
-
543
-
Employer

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

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

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

263
-
1 616
-
health
14
-
38
-
pensions
32
-
90
-
unemployment
2
-
6
-
total
48
-
134
-
Corporate
1 440
1 750
-
-
income
216
262
-
-
total
216
262
-
-
Dividends
1 224
1 488
-
-
withholding
184
223
-
-
total
184
223
-
-
Income
1 750
1 750
1 750
1 750
Total tax
537
485
677
677
After tax
1 213
1 265
1 073
1 073
Living cost
175
175
175
175
Free-cash
1 038
1 090
898
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.
€38
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
€397
€625
€701
€95
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
pensions
-
-
-
161
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
health
-
-
-
4
regional
-
-
-
91
national
-
-
-
35
total
-
-
-
344
Employee
825
-
1 567
-
health
2
-
4
-
unemployment
-
-
-
-
city
9
-
17
-
pensions
69
-
130
-
regional
27
-
78
-
national
4
-
26
-
total
111
-
255
-
Employer
825
-
1 567
-
health
2
-
4
-
pensions
69
-
130
-
unemployment
-
-
-
-
other

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

17
-
31
-
total
88
-
165
-
Corporate
828
1 750
-
-
regional
175
370
-
-
national
70
149
-
-
total
245
519
-
-
Dividends
582
1 231
-
-
withholding
204
431
-
-
total
204
431
-
-
Income
1 750
1 750
1 750
1 750
Total tax
648
950
420
344
After tax
1 102
800
1 330
1 406
Living cost
705
705
705
705
Free-cash
397
95
625
701

Estimated living cost  is €705 per week

€459
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
€735
€533
€744
€710
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
health
-
-
-
23
national
-
-
-
283
total
-
-
-
617
Employee
533
-
1 472
-
health
4
-
18
-
unemployment
8
-
22
-
pensions
36
-
99
-
national
9
-
172
-
municipal
87
-
240
-
total
144
-
551
-
Employer
533
-
1 472
-
health
4
-
11
-
pensions
92
-
255
-
accident
1
-
1
-
unemployment
3
-
10
-
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
-
-
municipal
121
189
-
-
national
38
112
-
-
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
€458
€246
€388
€610
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
communal

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

-
-
-
90
social contributions
-
-
-
253
national
-
-
-
649
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
-
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
-
national
223
-
490
-
total
355
-
739
-
Employer

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.

45
-
83
-
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
-
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
-
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
€510
€462
€472
€519
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
unemployment
-
-
-
1
municipal
-
-
-
439
other
-
-
-
111
health
-
-
-
60
national
-
-
-
124
accident
-
-
-
2
pensions
-
-
-
104
total
-
-
-
841
Employee
623
-
1 449
-
national
-
-
118
-
municipal
186
-
432
-
total
186
-
550
-
Employer
623
-
1 449
-
health
38
-
59
-
pensions
67
-
104
-
accident
1
-
2
-
unemployment
16
-
25
-
other
72
-
111
-
total
194
-
301
-
Corporate
932
1 750
-
-
income
205
385
-
-
total
205
385
-
-
Dividends
727
1 365
-
-
withholding
218
409
-
-
total
218
409
-
-
Income
1 750
1 750
1 750
1 750
Total tax
803
794
851
841
After tax
947
956
899
909
Living cost
437
437
437
437
Free-cash
510
519
462
472

Estimated living cost  is €437 per week

€290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€43
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€98
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
€55
€1123
€729
€584
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
689
-
-
-
income
152
-
-
-
social contributions
56
-
8
-
total
208
-
8
-
Employer
689
-
-
-
social contributions
971
-
138
-
total
971
-
138
-
Corporate
90
1 750
-
-
income
20
385
-
-
total
20
385
-
-
Dividends
70
1 365
-
-
income
15
300
-
-
total
15
300
-
-
Income
1 750
1 750
1 750
1 750
Total tax
1 214
685
146
540
After tax
536
1 065
1 604
1 210
Living cost
481
481
481
481
Free-cash
55
584
1 123
729

Estimated living cost  is €481 per week

€312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€45
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.
€117
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
€905
€854
€868
€948
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
health
-
-
-
45
social contributions
-
-
-
164
total
-
-
-
553
Employee
779
779
1 633
-
health
8
13
28
-
income
82
72
335
-
social contributions
38
65
87
-
total
128
150
450
-
Employer
779
779
1 633
-
health
8
14
30
-
social contributions
38
65
87
-
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
€838
€638
€796
€780
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
-
-
-
504
pensions
-
-
-
88
total
-
-
-
592
Employee
497
-
1 528
-
health
6
-
22
-
pensions
38
-
108
-
income
91
-
398
-
total
135
-
528
-
Employer
497
-
1 528
-
health
9
-
29
-
pensions
50
-
193
-
total
59
-
222
-
Corporate
1 193
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.

227
333
-
-
total
227
333
-
-
Dividends
966
1 417
-
-
withholding
129
275
-
-
total
129
275
-
-
Income
1 750
1 750
1 750
1 750
Total tax
550
608
750
592
After tax
1 200
1 142
1 000
1 158
Living cost
362
362
362
362
Free-cash
838
780
638
796

Estimated living cost  is €362 per week

€248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€33
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€76
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

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

Rome , Italy
€472
€337
€414
€518
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
social contributions
-
-
-
450
national
-
-
-
430
total
-
-
-
932
Employee
854
-
1 750
-
social contributions
288
-
590
-
regional
13
-
36
-
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
€108
€737
€981
-€73
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
pensions
-
-
-
41
income
-
-
-
486
other
-
-
-
4
health
-
-
-
21
accident
-
-
-
2
total
-
-
-
554
Employee
338
-
1 578
-
health
39
-
181
-
pensions
38
-
74
-
income
46
-
371
-
total
123
-
626
-
Employer
338
-
1 578
-
pensions
55
-
107
-
accident
6
-
26
-
unemployment
8
-
39
-
total
69
-
172
-
Corporate
1 344
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.

1 209
1 575
-
-
total
1 209
1 575
-
-
Dividends
134
175
-
-
withholding
26
33
-
-
total
26
33
-
-
Income
1 750
1 750
1 750
1 750
Total tax
1 427
1 608
798
554
After tax
323
142
952
1 196
Living cost
215
215
215
215
Free-cash
108
-73
737
981

Estimated living cost  is €215 per week

€157
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.
€41
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
€643
€723
€539
€510
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
trade
-
-
-
184
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
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
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

69
-
69
-
income

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

41
-
537
-
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
-
-
income
187
262
-
-
trade
179
251
-
-
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
-
-
chamber of commerce
3
4
-
-
total
379
531
-
-
Dividends
867
1 218
-
-
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
-
-
withholding
213
301
-
-
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
€1105
€519
€390
€1189
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
income
-
-
-
315
microenterprise
-
-
-
-
social contributions

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

-
-
-
388
surtax
-
-
-
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
€947
€931
€940
€968
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
-
-
-
529
health
-
-
-
66
pensions
-
-
-
91
total
-
-
-
686
Employee
190
-
1 648
-
health
9
-
23
-
unemployment
2
-
5
-
pensions
17
-
41
-
income
37
-
524
-
total
65
-
593
-
Employer
190
-
1 648
-
health
18
-
43
-
pensions
21
-
50
-
unemployment
4
-
9
-
total
43
-
102
-
Corporate
1 518
1 750
-
-
income
334
385
-
-
total
334
385
-
-
Dividends
1 184
1 365
-
-
withholding
237
273
-
-
total
237
273
-
-
Income
1 750
1 750
1 750
1 750
Total tax
679
658
695
686
After tax
1 071
1 092
1 055
1 064
Living cost
124
124
124
124
Free-cash
947
968
931
940

Estimated living cost  is €124 per week

€74
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€10
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€38
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
€839
€539
€602
€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
-
-
-
1 750
pensions
-
-
-
270
unemployment
-
-
-
2
income
-
-
-
479
other
-
-
-
-
health
-
-
-
96
surtax
-
-
-
73
total
-
-
-
920
Employee
341
-
1 465
-
health
9
-
34
-
unemployment
24
-
94
-
pensions
23
-
90
-
income
57
-
419
-
other
-
-
-
-
surtax
1
-
61
-
total
114
-
698
-
Employer
341
-
1 465
-
health
16
-
62
-
pensions
46
-
180
-
unemployment
11
-
43
-
other
-
-
-
-
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
€643
€140
€577
€647
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
pensions
-
-
-
219
chamber of commerce
-
-
-
7
unemployment
-
-
-
62
income
-
-
-
471
health
-
-
-
91
surtax
-
-
-
-
total
-
-
-
850
Employee
443
404
1 394
-
health
17
16
46
-
unemployment
13
12
36
-
pensions
45
41
121
-
income
39
30
376
-
other
4
4
12
-
total
118
103
591
-
Employer
443
404
1 394
-
health
17
15
45
-
pensions
56
51
149
-
surtax
-