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
€ 2050
per

Your estimated
City
free-cash

Valencia , Spain
€1040
€824
€868
€1084
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
-
-
-
2 050
unemployment
-
-
-
7
income
-
-
-
621
other
-
-
-
1
accident
-
-
-
8
pensions
-
-
-
266
total
-
-
-
903
Employee
375
-
1 751
-
unemployment
6
-
15
-
pensions
18
-
44
-
income
72
-
586
-
other
-
-
1
-
total
96
-
646
-
Employer
375
-
1 751
-
pensions
88
-
222
-
accident
7
-
19
-
unemployment
21
-
52
-
other
3
-
8
-
total
119
-
301
-
Corporate
1 556
2 050
-
-
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.

233
308
-
-
total
233
308
-
-
Dividends
1 322
1 742
-
-
withholding
283
379
-
-
total
283
379
-
-
Income
2 050
2 050
2 050
2 050
Total tax
731
687
947
903
After tax
1 319
1 363
1 103
1 147
Living cost
279
279
279
279
Free-cash
1 040
1 084
824
868

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
€1167
€910
€927
€1237
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
-
-
-
2 050
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

-
-
-
370
income
-
-
-
342
other
-
-
-
73
health
-
-
-
68
total
-
-
-
853
Employee
368
-
1 661
-
health
5
-
22
-
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
-
108
-
income
63
-
336
-
total
98
-
481
-
Employer
368
-
1 661
-
health
5
-
22
-
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
-
262
-
accident
3
-
13
-
unemployment
4
-
15
-
other
18
-
77
-
total
93
-
389
-
Corporate
1 589
2 050
-
-
income
334
430
-
-
total
334
430
-
-
Dividends
1 256
1 620
-
-
withholding
88
113
-
-
total
88
113
-
-
Income
2 050
2 050
2 050
2 050
Total tax
613
543
870
853
After tax
1 437
1 507
1 180
1 197
Living cost
270
270
270
270
Free-cash
1 167
1 237
910
927

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
€1573
€1599
€1515
€1620
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
-
-
-
2 050
pensions

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

-
-
-
52
unemployment
-
-
-
1
income
-
-
-
308
health
-
-
-
41
total
-
-
-
402
Employee
176
-
1 981
-
health
8
-
16
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
pensions

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

15
-
31
-
income
18
-
198
-
total
43
-
249
-
Employer
176
-
1 981
-
health
12
-
24
-
pensions

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

19
-
39
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
unemployment
1
-
2
-
total
34
-
69
-
Corporate
1 840
2 050
-
-
income
184
205
-
-
total
184
205
-
-
Dividends
1 656
1 845
-
-
withholding
83
92
-
-
total
83
92
-
-
Income
2 050
2 050
2 050
2 050
Total tax
344
297
318
402
After tax
1 706
1 753
1 732
1 648
Living cost
133
133
133
133
Free-cash
1 573
1 620
1 599
1 515

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
€747
€748
€795
€686
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 050
income
-
-
-
351
other
-
-
-
64
health
-
-
-
95
social contributions
-
-
-
58
pensions
-
-
-
340
surtax
-
-
-
-
total
-
-
-
908
Employee
434
-
1 574
-
pensions
49
-
115
-
income
26
-
318
-
social contributions
12
-
45
-
surtax
-
-
-
-
total
87
-
478
-
Employer
434
-
1 574
-
health
30
-
152
-
social contributions
1
-
5
-
pensions
71
-
192
-
unemployment
18
-
64
-
other
15
-
64
-
total
135
-
477
-
Corporate
1 481
2 050
-
-
income
415
574
-
-
surtax
-
-
-
-
total
415
574
-
-
Dividends
1 066
1 476
-
-
social contributions
183
254
-
-
surtax
-
-
-
-
withholding
136
189
-
-
total
319
443
-
-
Income
2 050
2 050
2 050
2 050
Total tax
956
1 017
955
908
After tax
1 094
1 033
1 095
1 142
Living cost
347
347
347
347
Free-cash
747
686
748
795

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
€532
€884
€688
€593
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 050
pensions
-
-
-
119
income
-
-
-
693
health
-
-
-
125
total
-
-
-
937
Employee
865
865
1 862
-
health
133
113
125
-
pensions
156
119
119
-
income

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

142
142
308
-
total
431
374
552
-
Employer
865
865
1 862
-
health
60
60
75
-
pensions
60
60
75
-
unemployment
31
31
39
-
total
151
151
189
-
Corporate
1 044
1 033
-
-
income
209
207
-
-
total
209
207
-
-
Dividends
835
826
-
-
income
177
176
-
-
withholding
125
124
-
-
total
302
300
-
-
Income
2 050
2 050
2 050
2 050
Total tax
1 093
1 032
741
937
After tax
957
1 018
1 309
1 113
Living cost
425
425
425
425
Free-cash
532
593
884
688

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
€838
€975
€726
€726
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.

-
-
-
2 050
trade
-
-
-
249
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.

-
-
-
663
health

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

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

-
-
-
69
surtax

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

-
-
-
36
total
-
-
-
1 017
Employee

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

388
-
2 050
-
health

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

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

69
-
69
-
income

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

11
-
663
-
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
-
36
-
total
81
-
768
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 662
2 050
-
-
income
249
308
-
-
trade
262
323
-
-
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
-
-
chamber of commerce
4
4
-
-
total
529
652
-
-
Dividends
1 134
1 398
-
-
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.

15
19
-
-
withholding
280
346
-
-
total
295
365
-
-
Income
2 050
2 050
2 050
2 050
Total tax
905
1 017
768
1 017
After tax
1 145
1 033
1 282
1 033
Living cost
307
307
307
307
Free-cash
838
726
975
726

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
€1205
€1135
€1153
€1260
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
-
-
-
2 050
income
-
-
-
446
health
-
-
-
52
social contributions
-
-
-
164
total
-
-
-
662
Employee
779
779
1 927
-
health
6
13
33
-
income
85
72
437
-
social contributions
29
65
87
-
total
120
150
557
-
Employer
779
779
1 927
-
health
7
14
36
-
social contributions
29
65
87
-
total
36
79
123
-
Corporate
1 659
1 192
-
-
income
207
149
-
-
total
207
149
-
-
Dividends
1 452
1 043
-
-
withholding
247
177
-
-
total
247
177
-
-
Income
2 050
2 050
2 050
2 050
Total tax
610
555
680
662
After tax
1 440
1 495
1 370
1 388
Living cost
235
235
235
235
Free-cash
1 205
1 260
1 135
1 153

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
€838
€608
€763
€849
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.

-
-
-
2 050
income
-
-
-
257
social contributions

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

-
-
-
712
surtax
-
-
-
-
total
-
-
-
969
Employee
466
-
1 657
-
income
97
-
549
-
social contributions
51
-
182
-
surtax
-
-
-
-
total
148
-
731
-
Employer
466
-
1 657
-
social contributions
111
-
393
-
total
111
-
393
-
Corporate
1 473
2 050
-
-
income
309
430
-
-
surtax
-
-
-
-
total
309
430
-
-
Dividends
1 164
1 620
-
-
withholding
326
453
-
-
total
326
453
-
-
Income
2 050
2 050
2 050
2 050
Total tax
894
883
1 124
969
After tax
1 156
1 167
926
1 081
Living cost
318
318
318
318
Free-cash
838
849
608
763

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
€1857
€1564
€1954
€1871
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%.

-
-
-
2 050
microenterprise

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

-
-
-
20
total
-
-
-
20
Employee
94
-
2 050
-
income
19
-
410
-
total
19
-
410
-
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%.

1 956
2 050
-
-
total
-
-
-
-
Dividends
1 956
2 050
-
-
withholding
98
103
-
-
total
98
103
-
-
Income
2 050
2 050
2 050
2 050
Total tax
117
103
410
20
After tax
1 933
1 947
1 640
2 030
Living cost
76
76
76
76
Free-cash
1 857
1 871
1 564
1 954

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
€1055
€660
€704
€1139
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.

-
-
-
2 050
pensions
-
-
-
374
unemployment
-
-
-
3
income
-
-
-
495
health
-
-
-
202
total
-
-
-
1 074
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
-
1 774
-
health
29
-
115
-
unemployment
1
-
2
-
pensions
69
-
275
-
income
77
-
450
-
total
176
-
842
-
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
-
1 774
-
health
30
-
118
-
pensions
40
-
157
-
unemployment
-
-
1
-
total
70
-
276
-
Corporate
1 532
2 050
-
-
income
291
390
-
-
total
291
390
-
-
Dividends
1 241
1 660
-
-
withholding
186
249
-
-
total
186
249
-
-
Income
2 050
2 050
2 050
2 050
Total tax
723
639
1 118
1 074
After tax
1 327
1 411
932
976
Living cost
272
272
272
272
Free-cash
1 055
1 139
660
704

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
€946
€1073
€1310
€910
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.

-
-
-
2 050
income
-
-
-
308
health

This is an average price for a private worldwide health insurance. The price will vary depending on your age and health condition.

-
-
-
64
total
-
-
-
372
Employee
465
-
2 003
-
social contributions
47
-
47
-
income
50
-
515
-
total
97
-
562
-
Employer
465
-
2 003
-
social contributions
47
-
47
-
total
47
-
47
-
Corporate
1 539
2 050
-
-
income
538
718
-
-
total
538
718
-
-
Dividends
1 000
1 332
-
-
social contributions
54
54
-
-
total
54
54
-
-
Income
2 050
2 050
2 050
2 050
Total tax
736
772
609
372
After tax
1 314
1 278
1 441
1 678
Living cost
368
368
368
368
Free-cash
946
910
1 073
1 310

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
€1042
€1051
€1101
€1036
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
-
-
-
2 050
income
-
-
-
308
health
-
-
-
143
social contributions
-
-
-
283
total
-
-
-
734
Employee
344
-
2 050
-
health
24
-
143
-
income
57
-
358
-
social contributions
47
-
283
-
total
128
-
784
-
Employer
344
-
2 050
-
total
-
-
-
-
Corporate
1 706
2 050
-
-
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%.

85
102
-
-
total
85
102
-
-
Dividends
1 621
1 948
-
-
social contributions
224
269
-
-
withholding
243
292
-
-
health
113
136
-
-
total
580
697
-
-
Income
2 050
2 050
2 050
2 050
Total tax
793
799
784
734
After tax
1 257
1 251
1 266
1 316
Living cost
215
215
215
215
Free-cash
1 042
1 036
1 051
1 101

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
€1029
€835
€922
€1129
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
-
-
-
2 050
income
-
-
-
217
health
-
-
-
277
social contributions
-
-
-
330
solidarity contribution
-
-
-
22
total
-
-
-
846
Employee
415
-
1 622
-
health
56
-
219
-
solidarity contribution
-
-
14
-
income
50
-
199
-
social contributions
27
-
73
-
total
133
-
505
-
Employer
415
-
1 622
-
health
37
-
146
-
social contributions
104
-
282
-
total
141
-
428
-
Corporate
1 493
2 050
-
-
income
284
390
-
-
total
284
390
-
-
Dividends
1 210
1 660
-
-
withholding
181
249
-
-
total
181
249
-
-
Income
2 050
2 050
2 050
2 050
Total tax
739
639
933
846
After tax
1 311
1 411
1 117
1 204
Living cost
282
282
282
282
Free-cash
1 029
1 129
835
922

Estimated living cost  is €282 per week

€210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€16
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€52
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
€1808
€1522
€1912
€1829
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%.

-
-
-
2 050
microenterprise

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

-
-
-
20
total
-
-
-
20
Employee
147
-
2 050
-
income
29
-
410
-
total
29
-
410
-
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%.

1 903
2 050
-
-
total
-
-
-
-
Dividends
1 903
2 050
-
-
withholding
95
103
-
-
total
95
103
-
-
Income
2 050
2 050
2 050
2 050
Total tax
124
103
410
20
After tax
1 926
1 947
1 640
2 030
Living cost
118
118
118
118
Free-cash
1 808
1 829
1 522
1 912

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
€614
€606
€653
€544
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 050
income
-
-
-
351
other
-
-
-
64
health
-
-
-
95
social contributions
-
-
-
58
pensions
-
-
-
340
surtax
-
-
-
-
total
-
-
-
908
Employee
635
-
1 574
-
pensions
72
-
115
-
income
55
-
318
-
social contributions
18
-
45
-
surtax
-
-
-
-
total
145
-
478
-
Employer
635
-
1 574
-
health
44
-
152
-
social contributions
2
-
5
-
pensions
104
-
192
-
unemployment
26
-
64
-
other
22
-
64
-
total
198
-
477
-
Corporate
1 217
2 050
-
-
income
341
574
-
-
surtax
-
-
-
-
total
341
574
-
-
Dividends
876
1 476
-
-
social contributions
151
254
-
-
surtax
-
-
-
-
withholding
112
189
-
-
total
263
443
-
-
Income
2 050
2 050
2 050
2 050
Total tax
947
1 017
955
908
After tax
1 103
1 033
1 095
1 142
Living cost
489
489
489
489
Free-cash
614
544
606
653

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
€1255
€1123
€1123
€1306
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.

-
-
-
2 050
pensions
-
-
-
194
unemployment
-
-
-
11
income
-
-
-
470
health
-
-
-
77
total
-
-
-
752
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
-
1 916
-
health
14
-
38
-
unemployment
2
-
6
-
pensions
37
-
104
-
income
36
-
470
-
total
89
-
618
-
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
-
1 916
-
health
14
-
38
-
pensions
32
-
90
-
unemployment
2
-
6
-
total
48
-
134
-
Corporate
1 740
2 050
-
-
income
261
308
-
-
total
261
308
-
-
Dividends
1 479
1 742
-
-
withholding
222
261
-
-
total
222
261
-
-
Income
2 050
2 050
2 050
2 050
Total tax
620
569
752
752
After tax
1 430
1 481
1 298
1 298
Living cost
175
175
175
175
Free-cash
1 255
1 306
1 123
1 123

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
€535
€848
€923
€233
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
-
-
-
2 050
pensions
-
-
-
189
city
-
-
-
22
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.

-
-
-
41
health
-
-
-
5
regional
-
-
-
114
national
-
-
-
52
total
-
-
-
423
Employee
824
-
1 845
-
health
2
-
4
-
unemployment
-
-
-
-
city
9
-
20
-
pensions
69
-
144
-
regional
27
-
102
-
national
4
-
43
-
total
111
-
313
-
Employer
824
-
1 845
-
health
2
-
4
-
pensions
69
-
144
-
unemployment
-
-
-
-
other

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

16
-
37
-
total
87
-
185
-
Corporate
1 129
2 050
-
-
regional
239
434
-
-
national
96
174
-
-
total
335
608
-
-
Dividends
794
1 442
-
-
withholding
278
505
-
-
total
278
505
-
-
Income
2 050
2 050
2 050
2 050
Total tax
811
1 113
498
423
After tax
1 239
937
1 552
1 627
Living cost
704
704
704
704
Free-cash
535
233
848
923

Estimated living cost  is €704 per week

€458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€63
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€9
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€174
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
€911
€661
€895
€880
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

-
-
-
2 050
municipal
-
-
-
364
health
-
-
-
27
national
-
-
-
375
total
-
-
-
766
Employee
533
-
1 725
-
health
4
-
22
-
unemployment
8
-
26
-
pensions
36
-
116
-
national
9
-
230
-
municipal
87
-
281
-
total
144
-
675
-
Employer
533
-
1 725
-
health
4
-
13
-
pensions
92
-
299
-
accident
1
-
2
-
unemployment
3
-
11
-
total
100
-
325
-
Corporate
1 416
2 050
-
-
income
283
410
-
-
total
283
410
-
-
Dividends

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

850
1 230
-
-
municipal
153
221
-
-
national
70
150
-
-
total
223
371
-
-
Income
2 050
2 050
2 050
2 050
Total tax
750
781
1 000
766
After tax
1 300
1 269
1 050
1 284
Living cost
389
389
389
389
Free-cash
911
880
661
895

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
€626
€336
€520
€770
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
-
-
-
2 050
communal

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

-
-
-
108
social contributions
-
-
-
253
national
-
-
-
799
total
-
-
-
1 160
Employee

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

725
-
1 588
-
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
-
75
-
communal

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

38
-
83
-
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
-
14
-
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
-
119
-
national
223
-
590
-
total
355
-
881
-
Employer

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

725
-
1 588
-
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
-
98
-
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
-
141
-
surtax
82
-
180
-
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
-
21
-
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
-
23
-
total
211
-
463
-
Corporate
1 114
2 050
-
-
income
223
421
-
-
surtax
4
8
-
-
total
227
429
-
-
Dividends
887
1 620
-
-
withholding

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

262
482
-
-
total
262
482
-
-
Income
2 050
2 050
2 050
2 050
Total tax
1 055
911
1 344
1 160
After tax
995
1 139
706
890
Living cost
370
370
370
370
Free-cash
626
770
336
520

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
€674
€597
€607
€682
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
-
-
-
2 050
unemployment
-
-
-
1
municipal
-
-
-
529
other
-
-
-
111
health
-
-
-
60
national
-
-
-
199
accident
-
-
-
2
pensions
-
-
-
104
total
-
-
-
1 006
Employee
623
-
1 749
-
national
-
-
193
-
municipal
186
-
522
-
total
186
-
715
-
Employer
623
-
1 749
-
health
38
-
59
-
pensions
67
-
104
-
accident
1
-
2
-
unemployment
16
-
25
-
other
72
-
111
-
total
194
-
301
-
Corporate
1 231
2 050
-
-
income
271
451
-
-
total
271
451
-
-
Dividends
960
1 599
-
-
withholding
288
480
-
-
total
288
480
-
-
Income
2 050
2 050
2 050
2 050
Total tax
939
931
1 016
1 006
After tax
1 111
1 119
1 034
1 044
Living cost
437
437
437
437
Free-cash
674
682
597
607

Estimated living cost  is €437 per week

€290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€43
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€98
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
€236
€1422
€935
€766
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
-
-
-
2 050
income
-
-
-
400
social contributions
-
-
-
234
total
-
-
-
634
Employee
690
-
-
-
income
152
-
-
-
social contributions
57
-
8
-
total
209
-
8
-
Employer
690
-
-
-
social contributions
973
-
139
-
total
973
-
139
-
Corporate
387
2 050
-
-
income
85
451
-
-
total
85
451
-
-
Dividends
302
1 599
-
-
income
66
352
-
-
total
66
352
-
-
Income
2 050
2 050
2 050
2 050
Total tax
1 333
803
147
634
After tax
717
1 247
1 903
1 416
Living cost
481
481
481
481
Free-cash
236
766
1 422
935

Estimated living cost  is €481 per week

€312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€45
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€118
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
€1124
€1041
€1059
€1166
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
-
-
-
2 050
income
-
-
-
446
health
-
-
-
52
social contributions
-
-
-
164
total
-
-
-
662
Employee
779
779
1 927
-
health
8
13
33
-
income
82
72
437
-
social contributions
38
65
87
-
total
128
150
557
-
Employer
779
779
1 927
-
health
8
14
36
-
social contributions
38
65
87
-
total
46
79
123
-
Corporate
1 548
1 192
-
-
income
193
149
-
-
total
193
149
-
-
Dividends
1 354
1 043
-
-
withholding
230
177
-
-
total
230
177
-
-
Income
2 050
2 050
2 050
2 050
Total tax
597
555
680
662
After tax
1 453
1 495
1 370
1 388
Living cost
329
329
329
329
Free-cash
1 124
1 166
1 041
1 059

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
€1003
€790
€973
€944
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
-
-
-
2 050
income
-
-
-
622
pensions
-
-
-
94
total
-
-
-
716
Employee
496
-
1 788
-
health
6
-
25
-
pensions
38
-
113
-
income
90
-
499
-
total
134
-
637
-
Employer
496
-
1 788
-
health
9
-
34
-
pensions
50
-
228
-
total
59
-
262
-
Corporate
1 495
2 050
-
-
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.

284
390
-
-
total
284
390
-
-
Dividends
1 211
1 660
-
-
withholding
209
355
-
-
total
209
355
-
-
Income
2 050
2 050
2 050
2 050
Total tax
686
745
899
716
After tax
1 364
1 305
1 151
1 334
Living cost
361
361
361
361
Free-cash
1 003
944
790
973

Estimated living cost  is €361 per week

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

Additional information

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

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

Rome , Italy
€630
€461
€545
€676
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 050
municipal
-
-
-
14
regional
-
-
-
48
social contributions
-
-
-
507
national
-
-
-
532
total
-
-
-
1 101
Employee
854
-
2 050
-
social contributions
288
-
665
-
regional
13
-
43
-
national
144
-
465
-
municipal
5
-
12
-
total
450
-
1 185
-
Employer
854
-
2 050
-
total
-
-
-
-
Corporate
1 196
2 050
-
-
nationa
287
492
-
-
municipal
58
99
-
-
total
345
591
-
-
Dividends
851
1 459
-
-
withholding
221
379
-
-
total
221
379
-
-
Income
2 050
2 050
2 050
2 050
Total tax
1 016
970
1 185
1 101
After tax
1 034
1 080
865
949
Living cost
404
404
404
404
Free-cash
630
676
461
545

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
€133
€911
€1185
-€49
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
-
-
-
2 050
pensions
-
-
-
41
income
-
-
-
582
other
-
-
-
4
health
-
-
-
21
accident
-
-
-
2
total
-
-
-
650
Employee
337
-
1 866
-
health
39
-
214
-
pensions
38
-
74
-
income
46
-
452
-
total
123
-
740
-
Employer
337
-
1 866
-
pensions
55
-
107
-
accident
6
-
31
-
unemployment
8
-
46
-
total
69
-
184
-
Corporate
1 644
2 050
-
-
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.

1 479
1 845
-
-
total
1 479
1 845
-
-
Dividends
164
205
-
-
withholding
31
39
-
-
total
31
39
-
-
Income
2 050
2 050
2 050
2 050
Total tax
1 702
1 884
924
650
After tax
348
166
1 126
1 400
Living cost
215
215
215
215
Free-cash
133
-49
911
1 185

Estimated living cost  is €215 per week

€157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€41
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
€796
€891
€664
€663
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.

-
-
-
2 050
trade
-
-
-
227
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.

-
-
-
663
health

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

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

-
-
-
69
surtax

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

-
-
-
36
total
-
-
-
995
Employee

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

504
-
2 050
-
health

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

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

69
-
69
-
income

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

41
-
663
-
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
-
36
-
total
112
-
768
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 546
2 050
-
-
income
232
308
-
-
trade
222
294
-
-
surtax

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

13
17
-
-
chamber of commerce
4
5
-
-
total
471
624
-
-
Dividends
1 076
1 427
-
-
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.

15
19
-
-
withholding
265
353
-
-
total
280
372
-
-
Income
2 050
2 050
2 050
2 050
Total tax
863
996
768
995
After tax
1 187
1 054
1 282
1 055
Living cost
391
391
391
391
Free-cash
796
663
891
664

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
€1345
€668
€519
€1429
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.

-
-
-
2 050
income
-
-
-
409
microenterprise
-
-
-
-
social contributions

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

-
-
-
388
surtax
-
-
-
523
total
-
-
-
1 320
Employee
296
-
1 585
-
income
53
-
343
-
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
-
-
230
-
total
86
-
706
-
Employer
296
-
1 585
-
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
-
-
174
-
total
71
-
465
-
Corporate
1 683
2 050
-
-
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%.

337
410
-
-
total
337
410
-
-
Dividends

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

1 346
1 640
-
-
total
-
-
-
-
Income
2 050
2 050
2 050
2 050
Total tax
494
410
1 171
1 320
After tax
1 556
1 640
879
730
Living cost
211
211
211
211
Free-cash
1 345
1 429
668
519

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
€1134
€1126
€1134
€1155
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
-
-
-
2 050
income
-
-
-
634
health
-
-
-
66
pensions
-
-
-
91
total
-
-
-
791
Employee
190
-
1 948
-
health
9
-
23
-
unemployment
2
-
5
-
pensions
17
-
41
-
income
37
-
629
-
total
65
-
698
-
Employer
190
-
1 948
-
health
18
-
43
-
pensions
21
-
50
-
unemployment
4
-
9
-
total
43
-
102
-
Corporate
1 818
2 050
-
-
income
400
451
-
-
total
400
451
-
-
Dividends
1 418
1 599
-
-
withholding
284
320
-
-
total
284
320
-
-
Income
2 050
2 050
2 050
2 050
Total tax
792
771
800
791
After tax
1 258
1 279
1 250
1 259
Living cost
124
124
124
124
Free-cash
1 134
1 155
1 126
1 134

Estimated living cost  is €124 per week

€74
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€10
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€38
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
€1027
€677
€740
€1061
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
-
-
-
2 050
pensions
-
-
-
270
unemployment
-
-
-
2
income
-
-
-
614
other
-
-
-
-
health
-
-
-
96
surtax
-
-
-
100
total
-
-
-
1 082
Employee
341
-
1 765
-
health
9
-
34
-
unemployment
24
-
94
-
pensions
23
-
90
-
income
57
-
554
-
other
-
-
-
-
surtax
1
-
88
-
total
114
-
860
-
Employer
341
-
1 765
-
health
16
-
62
-
pensions
46
-
180
-
unemployment
11
-
43
-
other
-
-
-
-
total
73
-
285
-
Corporate
1 637
2 050
-
-
income
426
533
-
-
total
426
533
-
-
Dividends
1 211
1 517
-
-
withholding
182
228
-
-
total
182
228
-
-
Income
2 050
2 050
2 050
2 050
Total tax
795
761
1 145
1 082
After tax
1 255
1 289
905
968
Living cost
228
228
228
228
Free-cash
1 027
1 061
677
740

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
€806
€216
€732
€810
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
-
-
-
2 050
pensions
-
-
-
219
chamber of commerce
-
-
-
8
unemployment
-
-
-
62
income
-
-
-
615
health
-
-
-
91
surtax
-
-
-
-
total
-
-
-
995
Employee
443
404
1 674
-
health
17
16
46
-
unemployment
13
12
36
-
pensions
45
41
121
-
income
39
30
510
-
other
4
4
12
-
total
118
103
725
-
Employer
443
404
1 674
-
health
17
15
45
-
pensions