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
€824
€868
€1084
€1040
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
-
-
-
621
accident
-
-
-
8
unemployment
-
-
-
7
pensions
-
-
-
266
other
-
-
-
1
total
-
-
-
903
Employee
375
-
1 751
-
other
-
-
1
-
income
72
-
586
-
unemployment
6
-
15
-
pensions
18
-
44
-
total
96
-
646
-
Employer
375
-
1 751
-
unemployment
21
-
52
-
pensions
88
-
222
-
other
3
-
8
-
accident
7
-
19
-
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
€910
€927
€1237
€1167
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
-
-
-
342
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
-
-
-
853
Employee
368
-
1 661
-
income
63
-
336
-
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
-
total
98
-
481
-
Employer
368
-
1 661
-
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
-
262
-
other
18
-
77
-
accident
3
-
13
-
health
5
-
22
-
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
€1599
€1516
€1620
€1573
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
-
-
-
307
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
-
-
-
401
Employee
176
-
1 981
-
income
18
-
198
-
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
-
249
-
Employer
176
-
1 981
-
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
1 840
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
401
After tax
1 706
1 753
1 732
1 649
Living cost
133
133
133
133
Free-cash
1 573
1 620
1 599
1 516

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
€748
€795
€686
€747
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
social contributions
-
-
-
58
health
-
-
-
95
surtax
-
-
-
-
pensions
-
-
-
340
other
-
-
-
64
total
-
-
-
908
Employee
434
-
1 574
-
income
26
-
318
-
social contributions
12
-
45
-
surtax
-
-
-
-
pensions
49
-
115
-
total
87
-
478
-
Employer
434
-
1 574
-
unemployment
18
-
64
-
social contributions
1
-
5
-
pensions
71
-
192
-
other
15
-
64
-
health
30
-
152
-
total
135
-
477
-
Corporate
1 481
2 050
-
-
income
415
574
-
-
surtax
-
-
-
-
total
415
574
-
-
Dividends
1 066
1 476
-
-
withholding
136
189
-
-
surtax
-
-
-
-
social contributions
183
254
-
-
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
€884
€688
€593
€532
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
-
-
-
693
health
-
-
-
125
pensions
-
-
-
119
total
-
-
-
937
Employee
865
865
1 862
-
income

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

142
142
308
-
health
133
113
125
-
pensions
156
119
119
-
total
431
374
552
-
Employer
865
865
1 862
-
unemployment
31
31
39
-
pensions
60
60
75
-
health
60
60
75
-
total
151
151
189
-
Corporate
1 044
1 033
-
-
income
209
207
-
-
total
209
207
-
-
Dividends
835
826
-
-
withholding
125
124
-
-
income
177
176
-
-
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
€975
€726
€726
€838
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
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
trade
-
-
-
249
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
-
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
-
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
-
36
-
total
81
-
768
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 662
2 050
-
-
chamber of commerce
4
4
-
-
income
249
308
-
-
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
-
-
trade
262
323
-
-
total
529
652
-
-
Dividends
1 134
1 398
-
-
withholding
280
346
-
-
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
-
-
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
€1135
€1153
€1260
€1205
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
social contributions
-
-
-
164
health
-
-
-
52
total
-
-
-
662
Employee
779
779
1 927
-
income
85
72
437
-
social contributions
29
65
87
-
health
6
13
33
-
total
120
150
557
-
Employer
779
779
1 927
-
social contributions
29
65
87
-
health
7
14
36
-
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
€608
€763
€849
€838
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
€1564
€1953
€1871
€1857
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.

-
-
-
21
total
-
-
-
21
Employee
95
-
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%.

1 955
2 050
-
-
total
-
-
-
-
Dividends
1 955
2 050
-
-
withholding
98
103
-
-
total
98
103
-
-
Income
2 050
2 050
2 050
2 050
Total tax
117
103
410
21
After tax
1 933
1 947
1 640
2 029
Living cost
76
76
76
76
Free-cash
1 857
1 871
1 564
1 953

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
€660
€704
€1139
€1055
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
income
-
-
-
495
health
-
-
-
202
unemployment
-
-
-
3
pensions
-
-
-
374
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
-
income
77
-
450
-
health
29
-
115
-
unemployment
1
-
2
-
pensions
69
-
275
-
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
-
unemployment
-
-
1
-
pensions
40
-
157
-
health
30
-
118
-
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
€1073
€1307
€910
€946
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.

-
-
-
67
total
-
-
-
375
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
375
After tax
1 314
1 278
1 441
1 675
Living cost
368
368
368
368
Free-cash
946
910
1 073
1 307

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
€1051
€1101
€1036
€1042
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 050
income
-
-
-
308
social contributions
-
-
-
283
health
-
-
-
143
total
-
-
-
734
Employee
344
-
2 050
-
income
57
-
358
-
social contributions
47
-
283
-
health
24
-
143
-
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
-
-
withholding
243
292
-
-
health
113
136
-
-
social contributions
224
269
-
-
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
€841
€929
€1133
€1034
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
social contributions
-
-
-
325
solidarity contribution
-
-
-
24
health
-
-
-
277
total
-
-
-
843
Employee
409
-
1 626
-
solidarity contribution
-
-
16
-
income
49
-
200
-
social contributions
27
-
72
-
health
55
-
219
-
total
131
-
507
-
Employer
409
-
1 626
-
social contributions
102
-
278
-
health
37
-
146
-
total
139
-
424
-
Corporate
1 502
2 050
-
-
income
285
390
-
-
total
285
390
-
-
Dividends
1 217
1 660
-
-
withholding
183
249
-
-
total
183
249
-
-
Income
2 050
2 050
2 050
2 050
Total tax
738
639
931
843
After tax
1 312
1 411
1 119
1 207
Living cost
278
278
278
278
Free-cash
1 034
1 133
841
929

Estimated living cost  is €278 per week

€207
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
€1522
€1911
€1829
€1807
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.

-
-
-
21
total
-
-
-
21
Employee
148
-
2 050
-
income
30
-
410
-
total
30
-
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%.

1 902
2 050
-
-
total
-
-
-
-
Dividends
1 902
2 050
-
-
withholding
95
103
-
-
total
95
103
-
-
Income
2 050
2 050
2 050
2 050
Total tax
125
103
410
21
After tax
1 925
1 947
1 640
2 029
Living cost
118
118
118
118
Free-cash
1 807
1 829
1 522
1 911

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
€606
€653
€544
€614
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
social contributions
-
-
-
58
health
-
-
-
95
surtax
-
-
-
-
pensions
-
-
-
340
other
-
-
-
64
total
-
-
-
908
Employee
635
-
1 574
-
income
55
-
318
-
social contributions
18
-
45
-
surtax
-
-
-
-
pensions
72
-
115
-
total
145
-
478
-
Employer
635
-
1 574
-
unemployment
26
-
64
-
social contributions
2
-
5
-
pensions
104
-
192
-
other
22
-
64
-
health
44
-
152
-
total
198
-
477
-
Corporate
1 217
2 050
-
-
income
341
574
-
-
surtax
-
-
-
-
total
341
574
-
-
Dividends
876
1 476
-
-
withholding
112
189
-
-
surtax
-
-
-
-
social contributions
151
254
-
-
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
€1123
€1123
€1307
€1255
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
income
-
-
-
470
health
-
-
-
77
unemployment
-
-
-
11
pensions
-
-
-
194
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
-
income
36
-
470
-
health
14
-
38
-
unemployment
2
-
6
-
pensions
37
-
104
-
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
-
unemployment
2
-
6
-
pensions
32
-
90
-
health
14
-
38
-
total
48
-
134
-
Corporate
1 739
2 050
-
-
income
261
307
-
-
total
261
307
-
-
Dividends
1 479
1 743
-
-
withholding
222
261
-
-
total
222
261
-
-
Income
2 050
2 050
2 050
2 050
Total tax
620
568
752
752
After tax
1 430
1 482
1 298
1 298
Living cost
175
175
175
175
Free-cash
1 255
1 307
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
€843
€918
€228
€532
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
regional
-
-
-
114
national
-
-
-
52
health
-
-
-
5
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
pensions
-
-
-
189
total
-
-
-
423
Employee
830
-
1 844
-
regional
27
-
102
-
city
9
-
20
-
health
2
-
4
-
unemployment
-
-
-
-
national
4
-
43
-
pensions
70
-
144
-
total
112
-
313
-
Employer
830
-
1 844
-
unemployment
-
-
-
-
pensions
70
-
144
-
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
-
37
-
health
2
-
4
-
total
89
-
185
-
Corporate
1 123
2 050
-
-
regional
237
434
-
-
national
95
174
-
-
total
332
608
-
-
Dividends
790
1 442
-
-
withholding
276
505
-
-
total
276
505
-
-
Income
2 050
2 050
2 050
2 050
Total tax
809
1 113
498
423
After tax
1 241
937
1 552
1 627
Living cost
709
709
709
709
Free-cash
532
228
843
918

Estimated living cost  is €709 per week

€461
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.
€176
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
€661
€895
€880
€911
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
national
-
-
-
375
health
-
-
-
27
total
-
-
-
766
Employee
533
-
1 725
-
health
4
-
22
-
unemployment
8
-
26
-
national
9
-
230
-
municipal
87
-
281
-
pensions
36
-
116
-
total
144
-
675
-
Employer
533
-
1 725
-
unemployment
3
-
11
-
pensions
92
-
299
-
accident
1
-
2
-
health
4
-
13
-
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
-
-
national
70
150
-
-
municipal
153
221
-
-
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
€336
€520
€770
€626
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
national
-
-
-
799
social contributions
-
-
-
253
communal

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

-
-
-
108
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
-
national
223
-
590
-
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
-
total
355
-
881
-
Employer

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

725
-
1 588
-
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
-
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
-
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
-
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
€612
€623
€702
€693
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
-
-
-
532
national
-
-
-
213
health
-
-
-
57
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
99
other
-
-
-
106
total
-
-
-
1 010
Employee
594
-
1 763
-
national
-
-
208
-
municipal
177
-
526
-
total
177
-
734
-
Employer
594
-
1 763
-
unemployment
16
-
24
-
pensions
64
-
99
-
other
69
-
106
-
accident
1
-
2
-
health
37
-
56
-
total
187
-
287
-
Corporate
1 270
2 050
-
-
income
279
451
-
-
total
279
451
-
-
Dividends
990
1 599
-
-
withholding
297
480
-
-
total
297
480
-
-
Income
2 050
2 050
2 050
2 050
Total tax
940
931
1 021
1 010
After tax
1 110
1 119
1 029
1 040
Living cost
417
417
417
417
Free-cash
693
702
612
623

Estimated living cost  is €417 per week

€276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€41
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€93
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
€1446
€953
€784
€276
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
663
-
-
-
income
146
-
-
-
social contributions
54
-
8
-
total
200
-
8
-
Employer
663
-
-
-
social contributions
935
-
133
-
total
935
-
133
-
Corporate
451
2 050
-
-
income
99
451
-
-
total
99
451
-
-
Dividends
352
1 599
-
-
income
77
352
-
-
total
77
352
-
-
Income
2 050
2 050
2 050
2 050
Total tax
1 311
803
141
634
After tax
739
1 247
1 909
1 416
Living cost
463
463
463
463
Free-cash
276
784
1 446
953

Estimated living cost  is €463 per week

€300
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
€1041
€1059
€1166
€1124
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
social contributions
-
-
-
164
health
-
-
-
52
total
-
-
-
662
Employee
779
779
1 927
-
income
82
72
437
-
social contributions
38
65
87
-
health
8
13
33
-
total
128
150
557
-
Employer
779
779
1 927
-
social contributions
38
65
87
-
health
8
14
36
-
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
€783
€967
€940
€999
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
-
-
-
617
pensions
-
-
-
96
total
-
-
-
713
Employee
508
-
1 788
-
income
92
-
495
-
health
7
-
25
-
pensions
39
-
115
-
total
138
-
635
-
Employer
508
-
1 788
-
pensions
51
-
228
-
health
10
-
34
-
total
61
-
262
-
Corporate
1 481
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.

281
390
-
-
total
281
390
-
-
Dividends
1 200
1 660
-
-
withholding
201
350
-
-
total
201
350
-
-
Income
2 050
2 050
2 050
2 050
Total tax
681
740
897
713
After tax
1 369
1 310
1 153
1 337
Living cost
370
370
370
370
Free-cash
999
940
783
967

Estimated living cost  is €370 per week

€254
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.
€78
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
€461
€545
€676
€630
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
national
-
-
-
532
social contributions
-
-
-
507
total
-
-
-
1 101
Employee
854
-
2 050
-
regional
13
-
43
-
social contributions
288
-
665
-
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
€914
€1188
-€46
€133
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
-
-
-
583
health
-
-
-
21
accident
-
-
-
2
pensions
-
-
-
40
other
-
-
-
4
total
-
-
-
650
Employee
333
-
1 867
-
income
46
-
454
-
health
38
-
214
-
pensions
38
-
73
-
total
122
-
741
-
Employer
333
-
1 867
-
unemployment
8
-
46
-
pensions
54
-
106
-
accident
6
-
31
-
total
68
-
183
-
Corporate
1 649
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.

1 484
1 845
-
-
total
1 484
1 845
-
-
Dividends
165
205
-
-
withholding
31
39
-
-
total
31
39
-
-
Income
2 050
2 050
2 050
2 050
Total tax
1 705
1 884
924
650
After tax
345
166
1 126
1 400
Living cost
212
212
212
212
Free-cash
133
-46
914
1 188

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
€891
€664
€663
€796
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
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
trade
-
-
-
227
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
-
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
-
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
-
36
-
total
112
-
768
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 546
2 050
-
-
chamber of commerce
4
5
-
-
income
232
308
-
-
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
-
-
trade
222
294
-
-
total
471
624
-
-
Dividends
1 076
1 427
-
-
withholding
265
353
-
-
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
-
-
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
€668
€519
€1429
€1345
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
microenterprise
-
-
-
-
income
-
-
-
409
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
€1114
€1125
€1148
€1126
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
-
-
-
630
health
-
-
-
69
pensions
-
-
-
95
total
-
-
-
794
Employee
199
-
1 943
-
income
39
-
625
-
health
10
-
24
-
unemployment
2
-
5
-
pensions
18
-
43
-
total
69
-
697
-
Employer
199
-
1 943
-
unemployment
4
-
10
-
pensions
22
-
53
-
health
19
-
45
-
total
45
-
108
-
Corporate
1 806
2 050
-
-
income
397
451
-
-
total
397
451
-
-
Dividends
1 408
1 599
-
-
withholding
282
320
-
-
total
282
320
-
-
Income
2 050
2 050
2 050
2 050
Total tax
793
771
805
794
After tax
1 257
1 279
1 245
1 256
Living cost
131
131
131
131
Free-cash
1 126
1 148
1 114
1 125

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
€677
€740
€1061
€1027
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
-
-
-
614
health
-
-
-
96
unemployment
-
-
-
2
surtax
-
-
-
100
pensions
-
-
-
270
other
-
-
-
-
total
-
-
-
1 082
Employee
341
-
1 765
-
other
-
-
-
-
income
57
-
554
-
health
9
-
34
-
unemployment
24
-
94
-
surtax
1
-
88
-
pensions
23
-
90
-
total
114
-
860
-
Employer
341
-
1 765
-
unemployment
11
-
43
-
pensions
46
-
180
-
other
-
-
-
-
health
16
-
62
-
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
€216
€732
€810
€806
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
-
-
-
615
chamber of commerce
-
-
-
8
health
-
-
-
91
unemployment
-
-
-
62
surtax
-
-
-
-
pensions
-
-
-
219
total
-
-
-
995
Employee
443
404
1 674
-
other
4
4
12
-
income
39
30
510
-
health
17
16
46
-
unemployment
13
12
36
-
pensions
45
41
121
-
total
118
103
725
-
Employer
443
404
1 674
-
unemployment
13
12
36
-
chamber of commerce