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
€ 1800
per

Your estimated
City
free-cash

Valencia , Spain
€687
€731
€921
€876
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 800
income
-
-
-
508
accident
-
-
-
8
unemployment
-
-
-
7
pensions
-
-
-
266
other
-
-
-
1
total
-
-
-
790
Employee
375
-
1 501
-
other
-
-
1
-
income
72
-
473
-
unemployment
6
-
15
-
pensions
18
-
44
-
total
96
-
533
-
Employer
375
-
1 501
-
unemployment
21
-
52
-
pensions
88
-
222
-
other
3
-
8
-
accident
7
-
19
-
total
119
-
301
-
Corporate
1 306
1 800
-
-
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.

196
270
-
-
total
196
270
-
-
Dividends
1 110
1 530
-
-
withholding
234
330
-
-
total
234
330
-
-
Income
1 800
1 800
1 800
1 800
Total tax
645
600
834
790
After tax
1 155
1 200
966
1 010
Living cost
279
279
279
279
Free-cash
876
921
687
731

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
€750
€740
€1052
€984
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
-
-
-
1 800
income
-
-
-
279
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
-
-
-
790
Employee
368
-
1 438
-
income
63
-
283
-
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
-
101
-
total
98
-
418
-
Employer
368
-
1 438
-
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
-
244
-
other
18
-
72
-
accident
3
-
12
-
health
5
-
20
-
total
93
-
362
-
Corporate
1 339
1 800
-
-
income
281
378
-
-
total
281
378
-
-
Dividends
1 058
1 422
-
-
withholding
74
100
-
-
total
74
100
-
-
Income
1 800
1 800
1 800
1 800
Total tax
546
478
780
790
After tax
1 254
1 322
1 020
1 010
Living cost
270
270
270
270
Free-cash
984
1 052
750
740

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
€1374
€1303
€1406
€1359
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
-
-
-
1 800
income
-
-
-
270
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
-
-
-
364
Employee
176
-
1 731
-
income
18
-
173
-
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
-
224
-
Employer
176
-
1 731
-
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
1 590
1 800
-
-
income
159
180
-
-
total
159
180
-
-
Dividends
1 431
1 620
-
-
withholding
72
81
-
-
total
72
81
-
-
Income
1 800
1 800
1 800
1 800
Total tax
308
261
293
364
After tax
1 492
1 539
1 507
1 436
Living cost
133
133
133
133
Free-cash
1 359
1 406
1 374
1 303

Estimated living cost  is €133 per week

€77
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€9
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€42
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
€640
€666
€560
€621
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
-
-
-
1 800
income
-
-
-
283
social contributions
-
-
-
51
health
-
-
-
77
surtax
-
-
-
-
pensions
-
-
-
320
other
-
-
-
56
total
-
-
-
787
Employee
434
-
1 394
-
income
26
-
270
-
social contributions
12
-
40
-
surtax
-
-
-
-
pensions
49
-
97
-
total
87
-
407
-
Employer
434
-
1 394
-
unemployment
18
-
56
-
social contributions
1
-
4
-
pensions
71
-
163
-
other
15
-
54
-
health
30
-
129
-
total
135
-
406
-
Corporate
1 231
1 800
-
-
income
345
504
-
-
surtax
-
-
-
-
total
345
504
-
-
Dividends
886
1 296
-
-
withholding
113
166
-
-
surtax
-
-
-
-
social contributions
152
223
-
-
total
265
389
-
-
Income
1 800
1 800
1 800
1 800
Total tax
832
893
813
787
After tax
968
907
987
1 013
Living cost
347
347
347
347
Free-cash
621
560
640
666

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
€700
€567
€466
€404
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
-
-
-
1 800
income
-
-
-
564
health
-
-
-
125
pensions
-
-
-
119
total
-
-
-
808
Employee
865
865
1 612
-
income

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

142
142
242
-
health
133
113
125
-
pensions
156
119
119
-
total
431
374
486
-
Employer
865
865
1 612
-
unemployment
31
31
39
-
pensions
60
60
75
-
health
60
60
75
-
total
151
151
189
-
Corporate
794
783
-
-
income
159
157
-
-
total
159
157
-
-
Dividends
635
626
-
-
withholding
95
94
-
-
income
135
133
-
-
total
230
227
-
-
Income
1 800
1 800
1 800
1 800
Total tax
971
909
675
808
After tax
829
891
1 125
992
Living cost
425
425
425
425
Free-cash
404
466
700
567

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
€835
€626
€600
€712
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.

-
-
-
1 800
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.

-
-
-
558
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
-
-
-
209
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.

-
-
-
31
total
-
-
-
867
Employee

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

388
-
1 800
-
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
-
558
-
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
-
31
-
total
81
-
658
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 412
1 800
-
-
chamber of commerce
4
4
-
-
income
212
270
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

12
15
-
-
trade
222
284
-
-
total
450
573
-
-
Dividends
963
1 228
-
-
withholding
237
303
-
-
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
17
-
-
total
250
320
-
-
Income
1 800
1 800
1 800
1 800
Total tax
781
893
658
867
After tax
1 019
907
1 142
933
Living cost
307
307
307
307
Free-cash
712
600
835
626

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
€979
€994
€1078
€1023
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
-
-
-
1 800
income
-
-
-
361
social contributions
-
-
-
164
health
-
-
-
46
total
-
-
-
571
Employee
779
779
1 682
-
income
85
72
352
-
social contributions
29
65
87
-
health
6
13
29
-
total
120
150
468
-
Employer
779
779
1 682
-
social contributions
29
65
87
-
health
7
14
31
-
total
36
79
118
-
Corporate
1 409
942
-
-
income
176
118
-
-
total
176
118
-
-
Dividends
1 233
824
-
-
withholding
210
140
-
-
total
210
140
-
-
Income
1 800
1 800
1 800
1 800
Total tax
542
487
586
571
After tax
1 258
1 313
1 214
1 229
Living cost
235
235
235
235
Free-cash
1 023
1 078
979
994

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
€509
€645
€706
€695
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.

-
-
-
1 800
income
-
-
-
211
social contributions

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

-
-
-
626
surtax
-
-
-
-
total
-
-
-
837
Employee
466
-
1 455
-
income
97
-
468
-
social contributions
51
-
160
-
surtax
-
-
-
-
total
148
-
628
-
Employer
466
-
1 455
-
social contributions
111
-
345
-
total
111
-
345
-
Corporate
1 223
1 800
-
-
income
257
378
-
-
surtax
-
-
-
-
total
257
378
-
-
Dividends
966
1 422
-
-
withholding
271
398
-
-
total
271
398
-
-
Income
1 800
1 800
1 800
1 800
Total tax
787
776
973
837
After tax
1 013
1 024
827
963
Living cost
318
318
318
318
Free-cash
695
706
509
645

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
€1368
€1710
€1638
€1625
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%.

-
-
-
1 800
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
90
-
1 800
-
income
18
-
360
-
total
18
-
360
-
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%.

1 710
1 800
-
-
total
-
-
-
-
Dividends
1 710
1 800
-
-
withholding
85
90
-
-
total
85
90
-
-
Income
1 800
1 800
1 800
1 800
Total tax
103
90
360
18
After tax
1 697
1 710
1 440
1 782
Living cost
72
72
72
72
Free-cash
1 625
1 638
1 368
1 710

Estimated living cost  is €72 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.
€19
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
€558
€606
€967
€882
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.

-
-
-
1 800
income
-
-
-
413
health
-
-
-
177
unemployment
-
-
-
3
pensions
-
-
-
329
total
-
-
-
922
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
-
1 557
-
income
77
-
383
-
health
29
-
101
-
unemployment
1
-
2
-
pensions
69
-
241
-
total
176
-
727
-
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
-
1 557
-
unemployment
-
-
1
-
pensions
40
-
138
-
health
30
-
104
-
total
70
-
243
-
Corporate
1 282
1 800
-
-
income
244
342
-
-
total
244
342
-
-
Dividends
1 039
1 458
-
-
withholding
156
219
-
-
total
156
219
-
-
Income
1 800
1 800
1 800
1 800
Total tax
646
561
970
922
After tax
1 154
1 239
830
878
Living cost
272
272
272
272
Free-cash
882
967
558
606

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
€910
€1078
€748
€783
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.

-
-
-
1 800
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
-
1 753
-
social contributions
47
-
47
-
income
50
-
428
-
total
97
-
475
-
Employer
465
-
1 753
-
social contributions
47
-
47
-
total
47
-
47
-
Corporate
1 289
1 800
-
-
income
451
630
-
-
total
451
630
-
-
Dividends
838
1 170
-
-
social contributions
54
54
-
-
total
54
54
-
-
Income
1 800
1 800
1 800
1 800
Total tax
649
684
522
354
After tax
1 151
1 116
1 278
1 446
Living cost
368
368
368
368
Free-cash
783
748
910
1 078

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
€903
€941
€884
€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
-
-
-
1 800
income
-
-
-
270
social contributions
-
-
-
248
health
-
-
-
126
total
-
-
-
644
Employee
344
-
1 800
-
income
57
-
308
-
social contributions
47
-
248
-
health
24
-
126
-
total
128
-
682
-
Employer
344
-
1 800
-
total
-
-
-
-
Corporate
1 456
1 800
-
-
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%.

73
90
-
-
total
73
90
-
-
Dividends
1 384
1 710
-
-
withholding
208
256
-
-
health
97
119
-
-
social contributions
191
236
-
-
total
496
611
-
-
Income
1 800
1 800
1 800
1 800
Total tax
697
701
682
644
After tax
1 103
1 099
1 118
1 156
Living cost
215
215
215
215
Free-cash
888
884
903
941

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
€687
€765
€963
€865
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
-
-
-
1 800
income
-
-
-
185
social contributions
-
-
-
322
solidarity contribution
-
-
-
9
health
-
-
-
243
total
-
-
-
759
Employee
405
-
1 399
-
solidarity contribution
-
-
3
-
income
49
-
171
-
social contributions
26
-
72
-
health
55
-
189
-
total
130
-
435
-
Employer
405
-
1 399
-
social contributions
101
-
276
-
health
36
-
126
-
total
137
-
402
-
Corporate
1 257
1 800
-
-
income
239
342
-
-
total
239
342
-
-
Dividends
1 018
1 458
-
-
withholding
153
219
-
-
total
153
219
-
-
Income
1 800
1 800
1 800
1 800
Total tax
659
561
837
759
After tax
1 141
1 239
963
1 041
Living cost
276
276
276
276
Free-cash
865
963
687
765

Estimated living cost  is €276 per week

€205
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.
€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
Tbilisi , Georgia
€1328
€1670
€1598
€1577
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%.

-
-
-
1 800
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
141
-
1 800
-
income
28
-
360
-
total
28
-
360
-
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
1 800
-
-
total
-
-
-
-
Dividends
1 659
1 800
-
-
withholding
83
90
-
-
total
83
90
-
-
Income
1 800
1 800
1 800
1 800
Total tax
111
90
360
18
After tax
1 689
1 710
1 440
1 782
Living cost
112
112
112
112
Free-cash
1 577
1 598
1 328
1 670

Estimated living cost  is €112 per week

€76
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
€498
€524
€418
€488
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
-
-
-
1 800
income
-
-
-
283
social contributions
-
-
-
51
health
-
-
-
77
surtax
-
-
-
-
pensions
-
-
-
320
other
-
-
-
56
total
-
-
-
787
Employee
635
-
1 394
-
income
55
-
270
-
social contributions
18
-
40
-
surtax
-
-
-
-
pensions
72
-
97
-
total
145
-
407
-
Employer
635
-
1 394
-
unemployment
26
-
56
-
social contributions
2
-
4
-
pensions
104
-
163
-
other
22
-
54
-
health
44
-
129
-
total
198
-
406
-
Corporate
967
1 800
-
-
income
271
504
-
-
surtax
-
-
-
-
total
271
504
-
-
Dividends
696
1 296
-
-
withholding
89
166
-
-
surtax
-
-
-
-
social contributions
120
223
-
-
total
209
389
-
-
Income
1 800
1 800
1 800
1 800
Total tax
823
893
813
787
After tax
977
907
987
1 013
Living cost
489
489
489
489
Free-cash
488
418
498
524

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
€934
€935
€1126
€1075
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.

-
-
-
1 800
income
-
-
-
408
health
-
-
-
77
unemployment
-
-
-
11
pensions
-
-
-
194
total
-
-
-
690
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
-
1 666
-
income
36
-
408
-
health
14
-
38
-
unemployment
2
-
6
-
pensions
37
-
105
-
total
89
-
557
-
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
-
1 666
-
unemployment
2
-
6
-
pensions
32
-
90
-
health
14
-
38
-
total
48
-
134
-
Corporate
1 489
1 800
-
-
income
223
270
-
-
total
223
270
-
-
Dividends
1 266
1 530
-
-
withholding
190
229
-
-
total
190
229
-
-
Income
1 800
1 800
1 800
1 800
Total tax
550
499
691
690
After tax
1 250
1 301
1 109
1 110
Living cost
175
175
175
175
Free-cash
1 075
1 126
934
935

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
€658
€735
€115
€417
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
-
-
-
1 800
regional
-
-
-
94
national
-
-
-
38
health
-
-
-
4
city
-
-
-
19
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.

-
-
-
36
pensions
-
-
-
166
total
-
-
-
357
Employee
828
-
1 613
-
regional
27
-
82
-
city
9
-
17
-
health
2
-
4
-
unemployment
-
-
-
-
national
4
-
29
-
pensions
70
-
133
-
total
112
-
265
-
Employer
828
-
1 613
-
unemployment
-
-
-
-
pensions
70
-
133
-
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
-
32
-
health
2
-
4
-
total
89
-
169
-
Corporate
875
1 800
-
-
regional
185
381
-
-
national
74
153
-
-
total
259
534
-
-
Dividends
615
1 266
-
-
withholding
215
443
-
-
total
215
443
-
-
Income
1 800
1 800
1 800
1 800
Total tax
675
977
434
357
After tax
1 125
823
1 366
1 443
Living cost
708
708
708
708
Free-cash
417
115
658
735

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
€553
€770
€738
€765
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

-
-
-
1 800
municipal
-
-
-
320
national
-
-
-
298
health
-
-
-
23
total
-
-
-
641
Employee
533
-
1 514
-
health
4
-
19
-
unemployment
8
-
23
-
national
9
-
180
-
municipal
87
-
247
-
pensions
36
-
102
-
total
144
-
571
-
Employer
533
-
1 514
-
unemployment
3
-
10
-
pensions
92
-
263
-
accident
1
-
2
-
health
4
-
12
-
total
100
-
287
-
Corporate
1 166
1 800
-
-
income
233
360
-
-
total
233
360
-
-
Dividends

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

700
1 080
-
-
national
43
119
-
-
municipal
126
194
-
-
total
169
313
-
-
Income
1 800
1 800
1 800
1 800
Total tax
646
673
858
641
After tax
1 154
1 127
942
1 159
Living cost
389
389
389
389
Free-cash
765
738
553
770

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
€262
€410
€638
€486
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
-
-
-
1 800
national
-
-
-
674
social contributions
-
-
-
253
communal

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

-
-
-
93
total
-
-
-
1 020
Employee

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

725
-
1 394
-
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
-
66
-
communal

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

38
-
73
-
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
-
506
-
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
-
105
-
total
355
-
762
-
Employer

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

725
-
1 394
-
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
-
124
-
surtax
82
-
158
-
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
-
86
-
total
211
-
406
-
Corporate
864
1 800
-
-
income
173
360
-
-
surtax
3
7
-
-
total
176
367
-
-
Dividends
688
1 433
-
-
withholding

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

203
426
-
-
total
203
426
-
-
Income
1 800
1 800
1 800
1 800
Total tax
945
793
1 168
1 020
After tax
855
1 007
632
780
Living cost
370
370
370
370
Free-cash
486
638
262
410

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
€503
€513
€571
€563
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
-
-
-
1 800
municipal
-
-
-
459
national
-
-
-
154
health
-
-
-
56
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
98
other
-
-
-
105
total
-
-
-
875
Employee
587
-
1 516
-
national
-
-
149
-
municipal
175
-
452
-
total
175
-
601
-
Employer
587
-
1 516
-
unemployment
15
-
24
-
pensions
63
-
98
-
other
68
-
105
-
accident
1
-
2
-
health
36
-
55
-
total
183
-
284
-
Corporate
1 029
1 800
-
-
income
226
396
-
-
total
226
396
-
-
Dividends
803
1 404
-
-
withholding
241
421
-
-
total
241
421
-
-
Income
1 800
1 800
1 800
1 800
Total tax
825
817
885
875
After tax
975
983
915
925
Living cost
412
412
412
412
Free-cash
563
571
503
513

Estimated living cost  is €412 per week

€273
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.
€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.
€92
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
€1225
€803
€654
€168
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
-
-
-
1 800
income
-
-
-
351
social contributions
-
-
-
205
total
-
-
-
556
Employee
632
-
-
-
income
139
-
-
-
social contributions
52
-
7
-
total
191
-
7
-
Employer
632
-
-
-
social contributions
891
-
127
-
total
891
-
127
-
Corporate
277
1 800
-
-
income
61
396
-
-
total
61
396
-
-
Dividends
216
1 404
-
-
income
48
309
-
-
total
48
309
-
-
Income
1 800
1 800
1 800
1 800
Total tax
1 191
705
134
556
After tax
609
1 095
1 666
1 244
Living cost
441
441
441
441
Free-cash
168
654
1 225
803

Estimated living cost  is €441 per week

€286
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.
€108
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
€885
€900
€984
€942
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
-
-
-
1 800
income
-
-
-
361
social contributions
-
-
-
164
health
-
-
-
46
total
-
-
-
571
Employee
779
779
1 682
-
income
82
72
352
-
social contributions
38
65
87
-
health
8
13
29
-
total
128
150
468
-
Employer
779
779
1 682
-
social contributions
38
65
87
-
health
8
14
31
-
total
46
79
118
-
Corporate
1 298
942
-
-
income
162
118
-
-
total
162
118
-
-
Dividends
1 135
824
-
-
withholding
193
140
-
-
total
193
140
-
-
Income
1 800
1 800
1 800
1 800
Total tax
529
487
586
571
After tax
1 271
1 313
1 214
1 229
Living cost
329
329
329
329
Free-cash
942
984
885
900

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
€661
€824
€807
€863
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
-
-
-
1 800
income
-
-
-
522
pensions
-
-
-
90
total
-
-
-
612
Employee
500
-
1 572
-
income
91
-
414
-
health
7
-
23
-
pensions
38
-
110
-
total
136
-
547
-
Employer
500
-
1 572
-
pensions
51
-
198
-
health
10
-
30
-
total
61
-
228
-
Corporate
1 240
1 800
-
-
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.

236
342
-
-
total
236
342
-
-
Dividends
1 004
1 458
-
-
withholding
140
287
-
-
total
140
287
-
-
Income
1 800
1 800
1 800
1 800
Total tax
573
629
775
612
After tax
1 227
1 171
1 025
1 188
Living cost
364
364
364
364
Free-cash
863
807
661
824

Estimated living cost  is €364 per week

€250
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€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.
€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
€354
€434
€544
€498
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
-
-
-
1 800
municipal
-
-
-
12
regional
-
-
-
41
national
-
-
-
446
social contributions
-
-
-
463
total
-
-
-
962
Employee
854
-
1 800
-
regional
13
-
37
-
social contributions
288
-
607
-
national
144
-
387
-
municipal
5
-
11
-
total
450
-
1 042
-
Employer
854
-
1 800
-
total
-
-
-
-
Corporate
946
1 800
-
-
nationa
227
432
-
-
municipal
46
87
-
-
total
273
519
-
-
Dividends
673
1 281
-
-
withholding
175
333
-
-
total
175
333
-
-
Income
1 800
1 800
1 800
1 800
Total tax
898
852
1 042
962
After tax
902
948
758
838
Living cost
404
404
404
404
Free-cash
498
544
354
434

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
€771
€1019
-€65
€113
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
-
-
-
1 800
income
-
-
-
503
health
-
-
-
21
accident
-
-
-
2
pensions
-
-
-
40
other
-
-
-
4
total
-
-
-
570
Employee
332
-
1 627
-
income
46
-
386
-
health
38
-
186
-
pensions
37
-
73
-
total
121
-
645
-
Employer
332
-
1 627
-
unemployment
8
-
40
-
pensions
54
-
106
-
accident
6
-
27
-
total
68
-
173
-
Corporate
1 400
1 800
-
-
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.

1 260
1 620
-
-
total
1 260
1 620
-
-
Dividends
140
180
-
-
withholding
27
34
-
-
total
27
34
-
-
Income
1 800
1 800
1 800
1 800
Total tax
1 476
1 654
818
570
After tax
324
146
982
1 230
Living cost
211
211
211
211
Free-cash
113
-65
771
1 019

Estimated living cost  is €211 per week

€155
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
€751
€560
€536
€670
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
1 800
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.

-
-
-
558
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
-
-
-
191
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.

-
-
-
31
total
-
-
-
849
Employee

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

504
-
1 800
-
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
-
558
-
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
-
31
-
total
112
-
658
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 296
1 800
-
-
chamber of commerce
3
4
-
-
income
194
270
-
-
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
15
-
-
trade
186
258
-
-
total
394
547
-
-
Dividends
901
1 253
-
-
withholding
221
309
-
-
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
233
326
-
-
Income
1 800
1 800
1 800
1 800
Total tax
739
873
658
849
After tax
1 061
927
1 142
951
Living cost
391
391
391
391
Free-cash
670
536
751
560

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
€546
€412
€1229
€1145
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.

-
-
-
1 800
microenterprise
-
-
-
-
income
-
-
-
330
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
-
-
-
459
total
-
-
-
1 177
Employee
296
-
1 360
-
income
53
-
272
-
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
-
-
197
-
total
86
-
602
-
Employer
296
-
1 360
-
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
-
-
150
-
total
71
-
441
-
Corporate
1 433
1 800
-
-
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%.

287
360
-
-
total
287
360
-
-
Dividends

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

1 146
1 440
-
-
total
-
-
-
-
Income
1 800
1 800
1 800
1 800
Total tax
444
360
1 043
1 177
After tax
1 356
1 440
757
623
Living cost
211
211
211
211
Free-cash
1 145
1 229
546
412

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
€949
€959
€990
€970
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
-
-
-
1 800
income
-
-
-
541
health
-
-
-
70
pensions
-
-
-
97
total
-
-
-
708
Employee
202
-
1 691
-
income
39
-
536
-
health
10
-
24
-
unemployment
2
-
5
-
pensions
18
-
44
-
total
69
-
609
-
Employer
202
-
1 691
-
unemployment
4
-
10
-
pensions
22
-
53
-
health
19
-
46
-
total
45
-
109
-
Corporate
1 552
1 800
-
-
income
341
396
-
-
total
341
396
-
-
Dividends
1 211
1 404
-
-
withholding
242
281
-
-
total
242
281
-
-
Income
1 800
1 800
1 800
1 800
Total tax
697
677
718
708
After tax
1 103
1 123
1 082
1 092
Living cost
133
133
133
133
Free-cash
970
990
949
959

Estimated living cost  is €133 per week

€79
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€11
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€40
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
€562
€624
€904
€870
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
-
-
-
1 800
income
-
-
-
502
health
-
-
-
96
unemployment
-
-
-
2
surtax
-
-
-
78
pensions
-
-
-
270
other
-
-
-
-
total
-
-
-
948
Employee
341
-
1 515
-
other
-
-
-
-
income
57
-
441
-
health
9
-
34
-
unemployment
24
-
94
-
surtax
1
-
66
-
pensions
23
-
90
-
total
114
-
725
-
Employer
341
-
1 515
-
unemployment
11
-
43
-
pensions
46
-
180
-
other
-
-
-
-
health
16
-
62
-
total
73
-
285
-
Corporate
1 387
1 800
-
-
income
361
468
-
-
total
361
468
-
-
Dividends
1 026
1 332
-
-
withholding
154
200
-
-
total
154
200
-
-
Income
1 800
1 800
1 800
1 800
Total tax
702
668
1 010
948
After tax
1 098
1 132
790
852
Living cost
228
228
228
228
Free-cash
870
904
562
624

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
€153
€603
€674
€670
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 800
income
-
-
-
495
chamber of commerce
-
-
-
7
health
-
-
-
91
unemployment
-
-
-
62
surtax
-
-
-
-
pensions
-
-
-
219
total
-
-
-
874
Employee
443
404
1 441
-
other
4
4
12
-
income
39
30
398
-
health
17
16
46
-
unemployment
13
12
36
-
pensions
45
41
121
-
total
118
103
613
-
Employer
443
404
1 441
-
unemployment
13
12
36
-
chamber of commerce
2
2
6
-