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
€ 1850
per

Your estimated
City
free-cash

Valencia , Spain
€714
€758
€953
€909
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
-
-
-
1 850
income
-
-
-
531
accident
-
-
-
8
unemployment
-
-
-
7
pensions
-
-
-
266
other
-
-
-
1
total
-
-
-
813
Employee
375
-
1 551
-
other
-
-
1
-
income
72
-
496
-
unemployment
6
-
15
-
pensions
18
-
44
-
total
96
-
556
-
Employer
375
-
1 551
-
unemployment
21
-
52
-
pensions
88
-
222
-
other
3
-
8
-
accident
7
-
19
-
total
119
-
301
-
Corporate
1 356
1 850
-
-
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.

203
278
-
-
total
203
278
-
-
Dividends
1 152
1 572
-
-
withholding
244
340
-
-
total
244
340
-
-
Income
1 850
1 850
1 850
1 850
Total tax
662
618
857
813
After tax
1 188
1 232
993
1 037
Living cost
279
279
279
279
Free-cash
909
953
714
758

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
€776
€777
€1090
€1020
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
-
-
-
1 850
income
-
-
-
292
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
-
-
-
803
Employee
368
-
1 478
-
income
63
-
292
-
health
5
-
21
-
unemployment
4
-
15
-
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
-
103
-
total
98
-
431
-
Employer
368
-
1 478
-
unemployment
4
-
15
-
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
-
251
-
other
18
-
74
-
accident
3
-
12
-
health
5
-
21
-
total
93
-
373
-
Corporate
1 389
1 850
-
-
income
292
388
-
-
total
292
388
-
-
Dividends
1 098
1 462
-
-
withholding
77
102
-
-
total
77
102
-
-
Income
1 850
1 850
1 850
1 850
Total tax
560
490
804
803
After tax
1 290
1 360
1 046
1 047
Living cost
270
270
270
270
Free-cash
1 020
1 090
776
777

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
€1419
€1346
€1449
€1402
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
-
-
-
1 850
income
-
-
-
277
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
-
-
-
371
Employee
176
-
1 780
-
income
18
-
178
-
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
-
229
-
Employer
176
-
1 780
-
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
1 639
1 850
-
-
income
164
185
-
-
total
164
185
-
-
Dividends
1 475
1 665
-
-
withholding
74
83
-
-
total
74
83
-
-
Income
1 850
1 850
1 850
1 850
Total tax
315
268
298
371
After tax
1 535
1 582
1 552
1 479
Living cost
133
133
133
133
Free-cash
1 402
1 449
1 419
1 346

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
€662
€694
€586
€645
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
-
-
-
1 850
income
-
-
-
295
social contributions
-
-
-
53
health
-
-
-
80
surtax
-
-
-
-
pensions
-
-
-
324
other
-
-
-
57
total
-
-
-
809
Employee
434
-
1 430
-
income
26
-
280
-
social contributions
12
-
41
-
surtax
-
-
-
-
pensions
49
-
100
-
total
87
-
421
-
Employer
434
-
1 430
-
unemployment
18
-
58
-
social contributions
1
-
4
-
pensions
71
-
169
-
other
15
-
56
-
health
30
-
133
-
total
135
-
420
-
Corporate
1 281
1 850
-
-
income
359
518
-
-
surtax
-
-
-
-
total
359
518
-
-
Dividends
922
1 332
-
-
withholding
118
170
-
-
surtax
-
-
-
-
social contributions
159
229
-
-
total
277
399
-
-
Income
1 850
1 850
1 850
1 850
Total tax
858
917
841
809
After tax
992
933
1 009
1 041
Living cost
347
347
347
347
Free-cash
645
586
662
694

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
€737
€592
€491
€430
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
-
-
-
1 850
income
-
-
-
589
health
-
-
-
125
pensions
-
-
-
119
total
-
-
-
833
Employee
865
865
1 662
-
income

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

142
142
255
-
health
133
113
125
-
pensions
156
119
119
-
total
431
374
499
-
Employer
865
865
1 662
-
unemployment
31
31
39
-
pensions
60
60
75
-
health
60
60
75
-
total
151
151
189
-
Corporate
844
833
-
-
income
169
167
-
-
total
169
167
-
-
Dividends
675
666
-
-
withholding
101
100
-
-
income
143
142
-
-
total
244
242
-
-
Income
1 850
1 850
1 850
1 850
Total tax
995
934
688
833
After tax
855
916
1 162
1 017
Living cost
425
425
425
425
Free-cash
430
491
737
592

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
€863
€646
€626
€738
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.

-
-
-
1 850
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.

-
-
-
579
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
-
-
-
217
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.

-
-
-
32
total
-
-
-
897
Employee

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

388
-
1 850
-
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
-
579
-
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
-
32
-
total
81
-
680
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 462
1 850
-
-
chamber of commerce
4
4
-
-
income
219
278
-
-
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
230
291
-
-
total
465
588
-
-
Dividends
997
1 262
-
-
withholding
245
312
-
-
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.

14
17
-
-
total
259
329
-
-
Income
1 850
1 850
1 850
1 850
Total tax
805
917
680
897
After tax
1 045
933
1 170
953
Living cost
307
307
307
307
Free-cash
738
626
863
646

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
€1011
€1026
€1114
€1060
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
-
-
-
1 850
income
-
-
-
378
social contributions
-
-
-
164
health
-
-
-
47
total
-
-
-
589
Employee
779
779
1 731
-
income
85
72
369
-
social contributions
29
65
87
-
health
6
13
29
-
total
120
150
485
-
Employer
779
779
1 731
-
social contributions
29
65
87
-
health
7
14
32
-
total
36
79
119
-
Corporate
1 459
992
-
-
income
182
124
-
-
total
182
124
-
-
Dividends
1 277
868
-
-
withholding
217
148
-
-
total
217
148
-
-
Income
1 850
1 850
1 850
1 850
Total tax
555
501
604
589
After tax
1 295
1 349
1 246
1 261
Living cost
235
235
235
235
Free-cash
1 060
1 114
1 011
1 026

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
€529
€668
€735
€724
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.

-
-
-
1 850
income
-
-
-
221
social contributions

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

-
-
-
643
surtax
-
-
-
-
total
-
-
-
864
Employee
466
-
1 495
-
income
97
-
484
-
social contributions
51
-
164
-
surtax
-
-
-
-
total
148
-
648
-
Employer
466
-
1 495
-
social contributions
111
-
355
-
total
111
-
355
-
Corporate
1 273
1 850
-
-
income
267
388
-
-
surtax
-
-
-
-
total
267
388
-
-
Dividends
1 006
1 462
-
-
withholding
282
409
-
-
total
282
409
-
-
Income
1 850
1 850
1 850
1 850
Total tax
808
797
1 003
864
After tax
1 042
1 053
847
986
Living cost
318
318
318
318
Free-cash
724
735
529
668

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
€1404
€1755
€1681
€1667
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%.

-
-
-
1 850
microenterprise

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

-
-
-
19
total
-
-
-
19
Employee
95
-
1 850
-
income
19
-
370
-
total
19
-
370
-
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%.

1 755
1 850
-
-
total
-
-
-
-
Dividends
1 755
1 850
-
-
withholding
88
93
-
-
total
88
93
-
-
Income
1 850
1 850
1 850
1 850
Total tax
107
93
370
19
After tax
1 743
1 757
1 480
1 831
Living cost
76
76
76
76
Free-cash
1 667
1 681
1 404
1 755

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
€579
€628
€1001
€917
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.

-
-
-
1 850
income
-
-
-
427
health
-
-
-
182
unemployment
-
-
-
3
pensions
-
-
-
338
total
-
-
-
950
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
-
1 601
-
income
77
-
396
-
health
29
-
103
-
unemployment
1
-
2
-
pensions
69
-
248
-
total
176
-
749
-
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
-
1 601
-
unemployment
-
-
1
-
pensions
40
-
142
-
health
30
-
107
-
total
70
-
250
-
Corporate
1 332
1 850
-
-
income
253
352
-
-
total
253
352
-
-
Dividends
1 079
1 498
-
-
withholding
162
225
-
-
total
162
225
-
-
Income
1 850
1 850
1 850
1 850
Total tax
661
577
999
950
After tax
1 189
1 273
851
900
Living cost
272
272
272
272
Free-cash
917
1 001
579
628

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
€943
€1128
€780
€816
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.

-
-
-
1 850
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
-
1 803
-
social contributions
47
-
47
-
income
50
-
445
-
total
97
-
492
-
Employer
465
-
1 803
-
social contributions
47
-
47
-
total
47
-
47
-
Corporate
1 339
1 850
-
-
income
468
648
-
-
total
468
648
-
-
Dividends
870
1 202
-
-
social contributions
54
54
-
-
total
54
54
-
-
Income
1 850
1 850
1 850
1 850
Total tax
666
702
539
354
After tax
1 184
1 148
1 311
1 496
Living cost
368
368
368
368
Free-cash
816
780
943
1 128

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
€933
€973
€913
€920
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
-
-
-
1 850
income
-
-
-
278
social contributions
-
-
-
255
health
-
-
-
129
total
-
-
-
662
Employee
344
-
1 850
-
income
57
-
318
-
social contributions
47
-
255
-
health
24
-
129
-
total
128
-
702
-
Employer
344
-
1 850
-
total
-
-
-
-
Corporate
1 506
1 850
-
-
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%.

75
92
-
-
total
75
92
-
-
Dividends
1 431
1 758
-
-
withholding
215
264
-
-
health
100
123
-
-
social contributions
197
243
-
-
total
512
630
-
-
Income
1 850
1 850
1 850
1 850
Total tax
715
722
702
662
After tax
1 135
1 128
1 148
1 188
Living cost
215
215
215
215
Free-cash
920
913
933
973

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
€718
€796
€997
€897
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
-
-
-
1 850
income
-
-
-
191
social contributions
-
-
-
324
solidarity contribution
-
-
-
12
health
-
-
-
250
total
-
-
-
777
Employee
408
-
1 443
-
solidarity contribution
-
-
5
-
income
49
-
176
-
social contributions
27
-
72
-
health
55
-
195
-
total
131
-
448
-
Employer
408
-
1 443
-
social contributions
102
-
277
-
health
37
-
130
-
total
139
-
407
-
Corporate
1 304
1 850
-
-
income
248
351
-
-
total
248
351
-
-
Dividends
1 056
1 499
-
-
withholding
158
225
-
-
total
158
225
-
-
Income
1 850
1 850
1 850
1 850
Total tax
676
576
855
777
After tax
1 174
1 274
995
1 073
Living cost
277
277
277
277
Free-cash
897
997
718
796

Estimated living cost  is €277 per week

€206
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
€1362
€1713
€1639
€1617
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%.

-
-
-
1 850
microenterprise

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

-
-
-
19
total
-
-
-
19
Employee
148
-
1 850
-
income
30
-
370
-
total
30
-
370
-
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%.

1 702
1 850
-
-
total
-
-
-
-
Dividends
1 702
1 850
-
-
withholding
85
93
-
-
total
85
93
-
-
Income
1 850
1 850
1 850
1 850
Total tax
115
93
370
19
After tax
1 735
1 757
1 480
1 831
Living cost
118
118
118
118
Free-cash
1 617
1 639
1 362
1 713

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
€520
€552
€444
€513
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
-
-
-
1 850
income
-
-
-
295
social contributions
-
-
-
53
health
-
-
-
80
surtax
-
-
-
-
pensions
-
-
-
324
other
-
-
-
57
total
-
-
-
809
Employee
635
-
1 430
-
income
55
-
280
-
social contributions
18
-
41
-
surtax
-
-
-
-
pensions
72
-
100
-
total
145
-
421
-
Employer
635
-
1 430
-
unemployment
26
-
58
-
social contributions
2
-
4
-
pensions
104
-
169
-
other
22
-
56
-
health
44
-
133
-
total
198
-
420
-
Corporate
1 017
1 850
-
-
income
285
518
-
-
surtax
-
-
-
-
total
285
518
-
-
Dividends
732
1 332
-
-
withholding
94
170
-
-
surtax
-
-
-
-
social contributions
126
229
-
-
total
220
399
-
-
Income
1 850
1 850
1 850
1 850
Total tax
848
917
841
809
After tax
1 002
933
1 009
1 041
Living cost
489
489
489
489
Free-cash
513
444
520
552

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
€973
€973
€1161
€1111
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.

-
-
-
1 850
income
-
-
-
420
health
-
-
-
77
unemployment
-
-
-
11
pensions
-
-
-
194
total
-
-
-
702
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
-
1 716
-
income
36
-
420
-
health
14
-
38
-
unemployment
2
-
6
-
pensions
37
-
104
-
total
89
-
568
-
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
-
1 716
-
unemployment
2
-
6
-
pensions
32
-
90
-
health
14
-
38
-
total
48
-
134
-
Corporate
1 539
1 850
-
-
income
231
278
-
-
total
231
278
-
-
Dividends
1 309
1 572
-
-
withholding
196
236
-
-
total
196
236
-
-
Income
1 850
1 850
1 850
1 850
Total tax
564
514
702
702
After tax
1 286
1 336
1 148
1 148
Living cost
175
175
175
175
Free-cash
1 111
1 161
973
973

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
€696
€773
€138
€438
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
-
-
-
1 850
regional
-
-
-
98
national
-
-
-
40
health
-
-
-
4
city
-
-
-
20
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.

-
-
-
37
pensions
-
-
-
170
total
-
-
-
369
Employee
828
-
1 660
-
regional
27
-
86
-
city
9
-
18
-
health
2
-
4
-
unemployment
-
-
-
-
national
4
-
31
-
pensions
70
-
135
-
total
112
-
274
-
Employer
828
-
1 660
-
unemployment
-
-
-
-
pensions
70
-
135
-
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
-
33
-
health
2
-
4
-
total
89
-
172
-
Corporate
925
1 850
-
-
regional
196
391
-
-
national
79
157
-
-
total
275
548
-
-
Dividends
651
1 301
-
-
withholding
228
456
-
-
total
228
456
-
-
Income
1 850
1 850
1 850
1 850
Total tax
704
1 004
446
369
After tax
1 146
846
1 404
1 481
Living cost
708
708
708
708
Free-cash
438
138
696
773

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
€578
€795
€766
€795
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

-
-
-
1 850
municipal
-
-
-
329
national
-
-
-
313
health
-
-
-
24
total
-
-
-
666
Employee
533
-
1 556
-
health
4
-
20
-
unemployment
8
-
23
-
national
9
-
188
-
municipal
87
-
253
-
pensions
36
-
105
-
total
144
-
589
-
Employer
533
-
1 556
-
unemployment
3
-
10
-
pensions
92
-
270
-
accident
1
-
2
-
health
4
-
12
-
total
100
-
294
-
Corporate
1 216
1 850
-
-
income
243
370
-
-
total
243
370
-
-
Dividends

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

730
1 110
-
-
national
48
125
-
-
municipal
131
200
-
-
total
179
325
-
-
Income
1 850
1 850
1 850
1 850
Total tax
666
695
883
666
After tax
1 184
1 155
967
1 184
Living cost
389
389
389
389
Free-cash
795
766
578
795

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
€280
€432
€666
€512
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
-
-
-
1 850
national
-
-
-
699
social contributions
-
-
-
253
communal

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

-
-
-
96
total
-
-
-
1 048
Employee

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

725
-
1 433
-
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
-
67
-
communal

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

38
-
75
-
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
-
523
-
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
-
107
-
total
355
-
784
-
Employer

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

725
-
1 433
-
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
-
21
-
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
-
127
-
surtax
82
-
162
-
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
-
19
-
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
-
88
-
total
211
-
417
-
Corporate
914
1 850
-
-
income
183
370
-
-
surtax
4
7
-
-
total
187
377
-
-
Dividends
728
1 473
-
-
withholding

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

215
438
-
-
total
215
438
-
-
Income
1 850
1 850
1 850
1 850
Total tax
968
815
1 201
1 048
After tax
882
1 035
649
802
Living cost
370
370
370
370
Free-cash
512
666
280
432

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
€520
€531
€591
€582
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
-
-
-
1 850
municipal
-
-
-
472
national
-
-
-
162
health
-
-
-
57
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
99
other
-
-
-
107
total
-
-
-
900
Employee
597
-
1 561
-
national
-
-
156
-
municipal
178
-
466
-
total
178
-
622
-
Employer
597
-
1 561
-
unemployment
16
-
24
-
pensions
65
-
99
-
other
69
-
107
-
accident
1
-
2
-
health
37
-
57
-
total
188
-
289
-
Corporate
1 065
1 850
-
-
income
234
407
-
-
total
234
407
-
-
Dividends
831
1 443
-
-
withholding
249
433
-
-
total
249
433
-
-
Income
1 850
1 850
1 850
1 850
Total tax
849
840
911
900
After tax
1 001
1 010
939
950
Living cost
419
419
419
419
Free-cash
582
591
520
531

Estimated living cost  is €419 per week

€278
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.
€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
Oslo , Norway
€1244
€814
€662
€149
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
-
-
-
1 850
income
-
-
-
361
social contributions
-
-
-
211
total
-
-
-
572
Employee
665
-
-
-
income
147
-
-
-
social contributions
55
-
8
-
total
202
-
8
-
Employer
665
-
-
-
social contributions
937
-
134
-
total
937
-
134
-
Corporate
248
1 850
-
-
income
55
407
-
-
total
55
407
-
-
Dividends
193
1 443
-
-
income
43
317
-
-
total
43
317
-
-
Income
1 850
1 850
1 850
1 850
Total tax
1 237
724
142
572
After tax
613
1 126
1 708
1 278
Living cost
464
464
464
464
Free-cash
149
662
1 244
814

Estimated living cost  is €464 per week

€301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€44
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.
€113
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
€917
€932
€1020
€979
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
-
-
-
1 850
income
-
-
-
378
social contributions
-
-
-
164
health
-
-
-
47
total
-
-
-
589
Employee
779
779
1 731
-
income
82
72
369
-
social contributions
38
65
87
-
health
8
13
29
-
total
128
150
485
-
Employer
779
779
1 731
-
social contributions
38
65
87
-
health
8
14
32
-
total
46
79
119
-
Corporate
1 348
992
-
-
income
168
124
-
-
total
168
124
-
-
Dividends
1 179
868
-
-
withholding
200
148
-
-
total
200
148
-
-
Income
1 850
1 850
1 850
1 850
Total tax
542
501
604
589
After tax
1 308
1 349
1 246
1 261
Living cost
329
329
329
329
Free-cash
979
1 020
917
932

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
€685
€851
€832
€889
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
-
-
-
1 850
income
-
-
-
540
pensions
-
-
-
91
total
-
-
-
631
Employee
505
-
1 615
-
income
92
-
428
-
health
7
-
23
-
pensions
39
-
111
-
total
138
-
562
-
Employer
505
-
1 615
-
pensions
51
-
204
-
health
10
-
31
-
total
61
-
235
-
Corporate
1 284
1 850
-
-
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.

244
351
-
-
total
244
351
-
-
Dividends
1 040
1 499
-
-
withholding
150
299
-
-
total
150
299
-
-
Income
1 850
1 850
1 850
1 850
Total tax
593
650
797
631
After tax
1 257
1 200
1 053
1 219
Living cost
368
368
368
368
Free-cash
889
832
685
851

Estimated living cost  is €368 per week

€253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€77
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

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

Rome , Italy
€373
€455
€571
€525
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
-
-
-
1 850
municipal
-
-
-
12
regional
-
-
-
42
national
-
-
-
461
social contributions
-
-
-
476
total
-
-
-
991
Employee
854
-
1 850
-
regional
13
-
38
-
social contributions
288
-
624
-
national
144
-
400
-
municipal
5
-
11
-
total
450
-
1 073
-
Employer
854
-
1 850
-
total
-
-
-
-
Corporate
996
1 850
-
-
nationa
239
444
-
-
municipal
48
89
-
-
total
287
533
-
-
Dividends
709
1 317
-
-
withholding
184
342
-
-
total
184
342
-
-
Income
1 850
1 850
1 850
1 850
Total tax
921
875
1 073
991
After tax
929
975
777
859
Living cost
404
404
404
404
Free-cash
525
571
373
455

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
€799
€1052
-€62
€116
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
-
-
-
1 850
income
-
-
-
519
health
-
-
-
21
accident
-
-
-
2
pensions
-
-
-
40
other
-
-
-
4
total
-
-
-
586
Employee
333
-
1 675
-
income
46
-
399
-
health
38
-
192
-
pensions
38
-
73
-
total
122
-
664
-
Employer
333
-
1 675
-
unemployment
8
-
41
-
pensions
54
-
106
-
accident
6
-
28
-
total
68
-
175
-
Corporate
1 449
1 850
-
-
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.

1 304
1 665
-
-
total
1 304
1 665
-
-
Dividends
145
185
-
-
withholding
28
35
-
-
total
28
35
-
-
Income
1 850
1 850
1 850
1 850
Total tax
1 522
1 700
839
586
After tax
328
150
1 011
1 264
Living cost
212
212
212
212
Free-cash
116
-62
799
1 052

Estimated living cost  is €212 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
€779
€581
€561
€694
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.

-
-
-
1 850
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.

-
-
-
579
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
-
-
-
198
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.

-
-
-
32
total
-
-
-
878
Employee

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

504
-
1 850
-
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
-
579
-
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
-
32
-
total
112
-
680
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 346
1 850
-
-
chamber of commerce
4
4
-
-
income
202
278
-
-
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
193
265
-
-
total
410
562
-
-
Dividends
936
1 288
-
-
withholding
230
318
-
-
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
18
-
-
total
243
336
-
-
Income
1 850
1 850
1 850
1 850
Total tax
765
898
680
878
After tax
1 085
952
1 170
972
Living cost
391
391
391
391
Free-cash
694
561
779
581

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
€571
€433
€1269
€1185
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.

-
-
-
1 850
microenterprise
-
-
-
-
income
-
-
-
346
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
-
-
-
472
total
-
-
-
1 206
Employee
296
-
1 405
-
income
53
-
286
-
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
-
-
204
-
total
86
-
623
-
Employer
296
-
1 405
-
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
-
-
154
-
total
71
-
445
-
Corporate
1 483
1 850
-
-
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%.

297
370
-
-
total
297
370
-
-
Dividends

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

1 186
1 480
-
-
total
-
-
-
-
Income
1 850
1 850
1 850
1 850
Total tax
454
370
1 068
1 206
After tax
1 396
1 480
782
644
Living cost
211
211
211
211
Free-cash
1 185
1 269
571
433

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
€984
€994
€1023
€1002
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
-
-
-
1 850
income
-
-
-
560
health
-
-
-
69
pensions
-
-
-
96
total
-
-
-
725
Employee
200
-
1 743
-
income
39
-
555
-
health
10
-
24
-
unemployment
2
-
5
-
pensions
18
-
43
-
total
69
-
627
-
Employer
200
-
1 743
-
unemployment
4
-
10
-
pensions
22
-
53
-
health
19
-
45
-
total
45
-
108
-
Corporate
1 606
1 850
-
-
income
353
407
-
-
total
353
407
-
-
Dividends
1 252
1 443
-
-
withholding
250
289
-
-
total
250
289
-
-
Income
1 850
1 850
1 850
1 850
Total tax
717
696
735
725
After tax
1 133
1 154
1 115
1 125
Living cost
131
131
131
131
Free-cash
1 002
1 023
984
994

Estimated living cost  is €131 per week

€78
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€11
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€40
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
€585
€648
€936
€901
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
-
-
-
1 850
income
-
-
-
524
health
-
-
-
96
unemployment
-
-
-
2
surtax
-
-
-
82
pensions
-
-
-
270
other
-
-
-
-
total
-
-
-
974
Employee
341
-
1 565
-
other
-
-
-
-
income
57
-
464
-
health
9
-
34
-
unemployment
24
-
94
-
surtax
1
-
70
-
pensions
23
-
90
-
total
114
-
752
-
Employer
341
-
1 565
-
unemployment
11
-
43
-
pensions
46
-
180
-
other
-
-
-
-
health
16
-
62
-
total
73
-
285
-
Corporate
1 437
1 850
-
-
income
374
481
-
-
total
374
481
-
-
Dividends
1 063
1 369
-
-
withholding
160
205
-
-
total
160
205
-
-
Income
1 850
1 850
1 850
1 850
Total tax
721
686
1 037
974
After tax
1 129
1 164
813
876
Living cost
228
228
228
228
Free-cash
901
936
585
648

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
€165
€629
€702
€697
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
-
-
-
1 850
income
-
-
-
519
chamber of commerce
-
-
-
7
health
-
-
-
91
unemployment
-
-
-
62
surtax
-
-
-
-
pensions
-
-
-
219
total
-
-
-
898
Employee
443
404
1 487
-
other
4
4
12
-
income
39
30
421
-
health
17
16
46
-
unemployment
13
12
36
-
pensions
45
41
121
-
total
118
103
636
-
Employer
443
404
1 487
-
unemployment
13
12
36
-
chamber of commerce
2
2
6
-