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
€ 2150
per

Your estimated
City
free-cash

Valencia , Spain
€879
€923
€1150
€1106
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
-
-
-
2 150
income
-
-
-
666
accident
-
-
-
8
unemployment
-
-
-
7
pensions
-
-
-
266
other
-
-
-
1
total
-
-
-
948
Employee
375
-
1 851
-
other
-
-
1
-
income
72
-
631
-
unemployment
6
-
15
-
pensions
18
-
44
-
total
96
-
691
-
Employer
375
-
1 851
-
unemployment
21
-
52
-
pensions
88
-
222
-
other
3
-
8
-
accident
7
-
19
-
total
119
-
301
-
Corporate
1 656
2 150
-
-
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.

248
322
-
-
total
248
322
-
-
Dividends
1 407
1 828
-
-
withholding
302
399
-
-
total
302
399
-
-
Income
2 150
2 150
2 150
2 150
Total tax
765
721
992
948
After tax
1 385
1 429
1 158
1 202
Living cost
279
279
279
279
Free-cash
1 106
1 150
879
923

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
€984
€1002
€1309
€1241
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
-
-
-
2 150
income
-
-
-
367
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
-
-
-
878
Employee
368
-
1 760
-
income
63
-
361
-
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
-
506
-
Employer
368
-
1 760
-
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
-
14
-
health
5
-
22
-
total
93
-
390
-
Corporate
1 689
2 150
-
-
income
355
452
-
-
total
355
452
-
-
Dividends
1 335
1 698
-
-
withholding
93
119
-
-
total
93
119
-
-
Income
2 150
2 150
2 150
2 150
Total tax
639
571
896
878
After tax
1 511
1 579
1 254
1 272
Living cost
270
270
270
270
Free-cash
1 241
1 309
984
1 002

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
€1689
€1600
€1705
€1659
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
-
-
-
2 150
income
-
-
-
323
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
-
-
-
417
Employee
176
-
2 081
-
income
18
-
208
-
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
-
259
-
Employer
176
-
2 081
-
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
1 940
2 150
-
-
income
194
215
-
-
total
194
215
-
-
Dividends
1 746
1 935
-
-
withholding
87
97
-
-
total
87
97
-
-
Income
2 150
2 150
2 150
2 150
Total tax
358
312
328
417
After tax
1 792
1 838
1 822
1 733
Living cost
133
133
133
133
Free-cash
1 659
1 705
1 689
1 600

Estimated living cost  is €133 per week

€77
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€9
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€42
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
€786
€841
€737
€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
-
-
-
2 150
income
-
-
-
383
social contributions
-
-
-
61
health
-
-
-
102
surtax
-
-
-
-
pensions
-
-
-
349
other
-
-
-
67
total
-
-
-
962
Employee
434
-
1 646
-
income
26
-
344
-
social contributions
12
-
47
-
surtax
-
-
-
-
pensions
49
-
122
-
total
87
-
513
-
Employer
434
-
1 646
-
unemployment
18
-
67
-
social contributions
1
-
5
-
pensions
71
-
204
-
other
15
-
67
-
health
30
-
161
-
total
135
-
504
-
Corporate
1 581
2 150
-
-
income
443
602
-
-
surtax
-
-
-
-
total
443
602
-
-
Dividends
1 138
1 548
-
-
withholding
146
198
-
-
surtax
-
-
-
-
social contributions
196
266
-
-
total
342
464
-
-
Income
2 150
2 150
2 150
2 150
Total tax
1 007
1 066
1 017
962
After tax
1 143
1 084
1 133
1 188
Living cost
347
347
347
347
Free-cash
796
737
786
841

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
€949
€736
€644
€583
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
-
-
-
2 150
income
-
-
-
745
health
-
-
-
125
pensions
-
-
-
119
total
-
-
-
989
Employee
865
865
1 962
-
income

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

142
142
343
-
health
133
113
125
-
pensions
156
119
119
-
total
431
374
587
-
Employer
865
865
1 962
-
unemployment
31
31
39
-
pensions
60
60
75
-
health
60
60
75
-
total
151
151
189
-
Corporate
1 144
1 133
-
-
income
229
227
-
-
total
229
227
-
-
Dividends
915
906
-
-
withholding
137
136
-
-
income
194
193
-
-
total
331
329
-
-
Income
2 150
2 150
2 150
2 150
Total tax
1 142
1 081
776
989
After tax
1 008
1 069
1 374
1 161
Living cost
425
425
425
425
Free-cash
583
644
949
736

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
€1030
€766
€776
€888
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
2 150
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.

-
-
-
705
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
-
-
-
264
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.

-
-
-
39
total
-
-
-
1 077
Employee

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

388
-
2 150
-
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
-
705
-
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
-
39
-
total
81
-
813
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 762
2 150
-
-
chamber of commerce
4
5
-
-
income
264
322
-
-
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
18
-
-
trade
278
339
-
-
total
561
684
-
-
Dividends
1 202
1 467
-
-
withholding
297
363
-
-
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.

16
20
-
-
total
313
383
-
-
Income
2 150
2 150
2 150
2 150
Total tax
955
1 067
813
1 077
After tax
1 195
1 083
1 337
1 073
Living cost
307
307
307
307
Free-cash
888
776
1 030
766

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
€1200
€1216
€1333
€1277
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
-
-
-
2 150
income
-
-
-
480
social contributions
-
-
-
164
health
-
-
-
55
total
-
-
-
699
Employee
779
779
2 025
-
income
85
72
470
-
social contributions
29
65
87
-
health
6
13
34
-
total
120
150
591
-
Employer
779
779
2 025
-
social contributions
29
65
87
-
health
7
14
37
-
total
36
79
124
-
Corporate
1 759
1 292
-
-
income
220
161
-
-
total
220
161
-
-
Dividends
1 539
1 130
-
-
withholding
262
192
-
-
total
262
192
-
-
Income
2 150
2 150
2 150
2 150
Total tax
638
582
715
699
After tax
1 512
1 568
1 435
1 451
Living cost
235
235
235
235
Free-cash
1 277
1 333
1 200
1 216

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
€647
€810
€904
€895
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.

-
-
-
2 150
income
-
-
-
275
social contributions

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

-
-
-
747
surtax
-
-
-
-
total
-
-
-
1 022
Employee
466
-
1 737
-
income
97
-
581
-
social contributions
51
-
191
-
surtax
-
-
-
-
total
148
-
772
-
Employer
466
-
1 737
-
social contributions
111
-
413
-
total
111
-
413
-
Corporate
1 573
2 150
-
-
income
330
452
-
-
surtax
-
-
-
-
total
330
452
-
-
Dividends
1 243
1 698
-
-
withholding
348
476
-
-
total
348
476
-
-
Income
2 150
2 150
2 150
2 150
Total tax
937
928
1 185
1 022
After tax
1 213
1 222
965
1 128
Living cost
318
318
318
318
Free-cash
895
904
647
810

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
€1644
€2052
€1967
€1952
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%.

-
-
-
2 150
microenterprise

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

-
-
-
22
total
-
-
-
22
Employee
95
-
2 150
-
income
19
-
430
-
total
19
-
430
-
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%.

2 055
2 150
-
-
total
-
-
-
-
Dividends
2 055
2 150
-
-
withholding
103
107
-
-
total
103
107
-
-
Income
2 150
2 150
2 150
2 150
Total tax
122
107
430
22
After tax
2 028
2 043
1 720
2 128
Living cost
76
76
76
76
Free-cash
1 952
1 967
1 644
2 052

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
€693
€739
€1209
€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

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.

-
-
-
2 150
income
-
-
-
531
health
-
-
-
212
unemployment
-
-
-
3
pensions
-
-
-
393
total
-
-
-
1 139
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
-
1 860
-
income
77
-
484
-
health
29
-
120
-
unemployment
1
-
3
-
pensions
69
-
288
-
total
176
-
895
-
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
-
1 860
-
unemployment
-
-
1
-
pensions
40
-
165
-
health
30
-
124
-
total
70
-
290
-
Corporate
1 632
2 150
-
-
income
310
408
-
-
total
310
408
-
-
Dividends
1 322
1 742
-
-
withholding
198
261
-
-
total
198
261
-
-
Income
2 150
2 150
2 150
2 150
Total tax
754
669
1 185
1 139
After tax
1 396
1 481
965
1 011
Living cost
272
272
272
272
Free-cash
1 124
1 209
693
739

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
€1138
€1393
€976
€1011
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.

-
-
-
2 150
income
-
-
-
322
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
-
-
-
389
Employee
465
-
2 103
-
social contributions
47
-
47
-
income
50
-
550
-
total
97
-
597
-
Employer
465
-
2 103
-
social contributions
47
-
47
-
total
47
-
47
-
Corporate
1 639
2 150
-
-
income
573
752
-
-
total
573
752
-
-
Dividends
1 065
1 398
-
-
social contributions
54
54
-
-
total
54
54
-
-
Income
2 150
2 150
2 150
2 150
Total tax
771
806
644
389
After tax
1 379
1 344
1 506
1 761
Living cost
368
368
368
368
Free-cash
1 011
976
1 138
1 393

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
€1110
€1166
€1096
€1103
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
-
-
-
2 150
income
-
-
-
322
social contributions
-
-
-
297
health
-
-
-
150
total
-
-
-
769
Employee
344
-
2 150
-
income
57
-
378
-
social contributions
47
-
297
-
health
24
-
150
-
total
128
-
825
-
Employer
344
-
2 150
-
total
-
-
-
-
Corporate
1 806
2 150
-
-
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%.

90
108
-
-
total
90
108
-
-
Dividends
1 716
2 042
-
-
withholding
257
306
-
-
health
120
143
-
-
social contributions
237
282
-
-
total
614
731
-
-
Income
2 150
2 150
2 150
2 150
Total tax
832
839
825
769
After tax
1 318
1 311
1 325
1 381
Living cost
215
215
215
215
Free-cash
1 103
1 096
1 110
1 166

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
€902
€998
€1202
€1102
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
-
-
-
2 150
income
-
-
-
230
social contributions
-
-
-
324
solidarity contribution
-
-
-
30
health
-
-
-
290
total
-
-
-
874
Employee
408
-
1 718
-
solidarity contribution
-
-
21
-
income
49
-
212
-
social contributions
27
-
72
-
health
55
-
232
-
total
131
-
537
-
Employer
408
-
1 718
-
social contributions
102
-
278
-
health
37
-
155
-
total
139
-
433
-
Corporate
1 603
2 150
-
-
income
305
409
-
-
total
305
409
-
-
Dividends
1 298
1 741
-
-
withholding
195
261
-
-
total
195
261
-
-
Income
2 150
2 150
2 150
2 150
Total tax
770
670
970
874
After tax
1 380
1 480
1 180
1 276
Living cost
278
278
278
278
Free-cash
1 102
1 202
902
998

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
€1602
€2010
€1925
€1902
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%.

-
-
-
2 150
microenterprise

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

-
-
-
22
total
-
-
-
22
Employee
148
-
2 150
-
income
30
-
430
-
total
30
-
430
-
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%.

2 002
2 150
-
-
total
-
-
-
-
Dividends
2 002
2 150
-
-
withholding
100
107
-
-
total
100
107
-
-
Income
2 150
2 150
2 150
2 150
Total tax
130
107
430
22
After tax
2 020
2 043
1 720
2 128
Living cost
118
118
118
118
Free-cash
1 902
1 925
1 602
2 010

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
€644
€699
€595
€665
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
-
-
-
2 150
income
-
-
-
383
social contributions
-
-
-
61
health
-
-
-
102
surtax
-
-
-
-
pensions
-
-
-
349
other
-
-
-
67
total
-
-
-
962
Employee
635
-
1 646
-
income
55
-
344
-
social contributions
18
-
47
-
surtax
-
-
-
-
pensions
72
-
122
-
total
145
-
513
-
Employer
635
-
1 646
-
unemployment
26
-
67
-
social contributions
2
-
5
-
pensions
104
-
204
-
other
22
-
67
-
health
44
-
161
-
total
198
-
504
-
Corporate
1 317
2 150
-
-
income
369
602
-
-
surtax
-
-
-
-
total
369
602
-
-
Dividends
948
1 548
-
-
withholding
121
198
-
-
surtax
-
-
-
-
social contributions
163
266
-
-
total
284
464
-
-
Income
2 150
2 150
2 150
2 150
Total tax
996
1 066
1 017
962
After tax
1 154
1 084
1 133
1 188
Living cost
489
489
489
489
Free-cash
665
595
644
699

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
€1198
€1198
€1378
€1327
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.

-
-
-
2 150
income
-
-
-
495
health
-
-
-
77
unemployment
-
-
-
11
pensions
-
-
-
194
total
-
-
-
777
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
-
2 016
-
income
36
-
495
-
health
14
-
38
-
unemployment
2
-
6
-
pensions
37
-
104
-
total
89
-
643
-
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
-
2 016
-
unemployment
2
-
6
-
pensions
32
-
90
-
health
14
-
38
-
total
48
-
134
-
Corporate
1 840
2 150
-
-
income
276
323
-
-
total
276
323
-
-
Dividends
1 564
1 827
-
-
withholding
235
274
-
-
total
235
274
-
-
Income
2 150
2 150
2 150
2 150
Total tax
648
597
777
777
After tax
1 502
1 553
1 373
1 373
Living cost
175
175
175
175
Free-cash
1 327
1 378
1 198
1 198

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
€918
€992
€274
€576
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
-
-
-
2 150
regional
-
-
-
122
national
-
-
-
58
health
-
-
-
5
city
-
-
-
23
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.

-
-
-
43
pensions
-
-
-
198
total
-
-
-
449
Employee
830
-
1 937
-
regional
27
-
109
-
city
9
-
21
-
health
2
-
4
-
unemployment
-
-
-
-
national
4
-
48
-
pensions
70
-
149
-
total
112
-
331
-
Employer
830
-
1 937
-
unemployment
-
-
-
-
pensions
70
-
149
-
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
-
39
-
health
2
-
4
-
total
89
-
192
-
Corporate
1 223
2 150
-
-
regional
259
455
-
-
national
104
183
-
-
total
363
638
-
-
Dividends
860
1 513
-
-
withholding
301
529
-
-
total
301
529
-
-
Income
2 150
2 150
2 150
2 150
Total tax
865
1 167
523
449
After tax
1 285
983
1 627
1 701
Living cost
709
709
709
709
Free-cash
576
274
918
992

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
€698
€944
€936
€968
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
2 150
municipal
-
-
-
382
national
-
-
-
406
health
-
-
-
29
total
-
-
-
817
Employee
533
-
1 809
-
health
4
-
24
-
unemployment
8
-
27
-
national
9
-
254
-
municipal
87
-
294
-
pensions
36
-
122
-
total
144
-
721
-
Employer
533
-
1 809
-
unemployment
3
-
12
-
pensions
92
-
314
-
accident
1
-
2
-
health
4
-
14
-
total
100
-
342
-
Corporate
1 516
2 150
-
-
income
303
430
-
-
total
303
430
-
-
Dividends

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

910
1 290
-
-
national
82
163
-
-
municipal
164
232
-
-
total
246
395
-
-
Income
2 150
2 150
2 150
2 150
Total tax
793
825
1 063
817
After tax
1 357
1 325
1 087
1 333
Living cost
389
389
389
389
Free-cash
968
936
698
944

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
€368
€564
€818
€680
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
-
-
-
2 150
national
-
-
-
849
social contributions
-
-
-
253
communal

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

-
-
-
114
total
-
-
-
1 216
Employee

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

725
-
1 665
-
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
-
78
-
communal

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

38
-
87
-
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
-
624
-
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
-
125
-
total
355
-
928
-
Employer

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

725
-
1 665
-
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
-
24
-
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
-
148
-
surtax
82
-
189
-
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
-
22
-
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
-
102
-
total
211
-
485
-
Corporate
1 214
2 150
-
-
income
243
450
-
-
surtax
5
9
-
-
total
248
459
-
-
Dividends
966
1 691
-
-
withholding

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

286
503
-
-
total
286
503
-
-
Income
2 150
2 150
2 150
2 150
Total tax
1 100
962
1 413
1 216
After tax
1 050
1 188
737
934
Living cost
370
370
370
370
Free-cash
680
818
368
564

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
€657
€668
€757
€748
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
-
-
-
2 150
municipal
-
-
-
562
national
-
-
-
238
health
-
-
-
57
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
99
other
-
-
-
106
total
-
-
-
1 065
Employee
594
-
1 863
-
national
-
-
233
-
municipal
177
-
556
-
total
177
-
789
-
Employer
594
-
1 863
-
unemployment
16
-
24
-
pensions
64
-
99
-
other
69
-
106
-
accident
1
-
2
-
health
37
-
56
-
total
187
-
287
-
Corporate
1 370
2 150
-
-
income
301
473
-
-
total
301
473
-
-
Dividends
1 068
1 677
-
-
withholding
320
503
-
-
total
320
503
-
-
Income
2 150
2 150
2 150
2 150
Total tax
985
976
1 076
1 065
After tax
1 165
1 174
1 074
1 085
Living cost
417
417
417
417
Free-cash
748
757
657
668

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
€1547
€1024
€846
€337
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
-
-
-
2 150
income
-
-
-
419
social contributions
-
-
-
245
total
-
-
-
664
Employee
662
-
-
-
income
146
-
-
-
social contributions
54
-
8
-
total
200
-
8
-
Employer
662
-
-
-
social contributions
934
-
133
-
total
934
-
133
-
Corporate
554
2 150
-
-
income
122
473
-
-
total
122
473
-
-
Dividends
432
1 677
-
-
income
95
369
-
-
total
95
369
-
-
Income
2 150
2 150
2 150
2 150
Total tax
1 351
842
141
664
After tax
799
1 308
2 009
1 486
Living cost
462
462
462
462
Free-cash
337
846
1 547
1 024

Estimated living cost  is €462 per week

€300
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.
€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
€1106
€1122
€1239
€1196
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
-
-
-
2 150
income
-
-
-
480
social contributions
-
-
-
164
health
-
-
-
55
total
-
-
-
699
Employee
779
779
2 025
-
income
82
72
470
-
social contributions
38
65
87
-
health
8
13
34
-
total
128
150
591
-
Employer
779
779
2 025
-
social contributions
38
65
87
-
health
8
14
37
-
total
46
79
124
-
Corporate
1 648
1 292
-
-
income
206
161
-
-
total
206
161
-
-
Dividends
1 442
1 130
-
-
withholding
245
192
-
-
total
245
192
-
-
Income
2 150
2 150
2 150
2 150
Total tax
625
582
715
699
After tax
1 525
1 568
1 435
1 451
Living cost
329
329
329
329
Free-cash
1 196
1 239
1 106
1 122

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
€833
€1026
€994
€1053
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
-
-
-
2 150
income
-
-
-
656
pensions
-
-
-
98
total
-
-
-
754
Employee
508
-
1 874
-
income
93
-
528
-
health
7
-
26
-
pensions
39
-
117
-
total
139
-
671
-
Employer
508
-
1 874
-
pensions
51
-
240
-
health
10
-
36
-
total
61
-
276
-
Corporate
1 581
2 150
-
-
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.

300
409
-
-
total
300
409
-
-
Dividends
1 280
1 741
-
-
withholding
227
377
-
-
total
227
377
-
-
Income
2 150
2 150
2 150
2 150
Total tax
727
786
947
754
After tax
1 423
1 364
1 203
1 396
Living cost
370
370
370
370
Free-cash
1 053
994
833
1 026

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
€515
€598
€728
€683
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
-
-
-
2 150
municipal
-
-
-
15
regional
-
-
-
51
national
-
-
-
575
social contributions
-
-
-
507
total
-
-
-
1 148
Employee
854
-
2 150
-
regional
13
-
46
-
social contributions
288
-
665
-
national
144
-
507
-
municipal
5
-
13
-
total
450
-
1 231
-
Employer
854
-
2 150
-
total
-
-
-
-
Corporate
1 296
2 150
-
-
nationa
311
516
-
-
municipal
62
104
-
-
total
373
620
-
-
Dividends
923
1 530
-
-
withholding
240
398
-
-
total
240
398
-
-
Income
2 150
2 150
2 150
2 150
Total tax
1 063
1 018
1 231
1 148
After tax
1 087
1 132
919
1 002
Living cost
404
404
404
404
Free-cash
683
728
515
598

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
€972
€1256
-€38
€141
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
-
-
-
2 150
income
-
-
-
615
health
-
-
-
21
accident
-
-
-
2
pensions
-
-
-
40
other
-
-
-
4
total
-
-
-
682
Employee
333
-
1 963
-
income
46
-
481
-
health
38
-
225
-
pensions
38
-
73
-
total
122
-
779
-
Employer
333
-
1 963
-
unemployment
8
-
48
-
pensions
54
-
106
-
accident
6
-
33
-
total
68
-
187
-
Corporate
1 749
2 150
-
-
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.

1 574
1 935
-
-
total
1 574
1 935
-
-
Dividends
175
215
-
-
withholding
33
41
-
-
total
33
41
-
-
Income
2 150
2 150
2 150
2 150
Total tax
1 797
1 976
966
682
After tax
353
174
1 184
1 468
Living cost
212
212
212
212
Free-cash
141
-38
972
1 256

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
€946
€705
€715
€848
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.

-
-
-
2 150
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.

-
-
-
705
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
-
-
-
241
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.

-
-
-
39
total
-
-
-
1 054
Employee

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

504
-
2 150
-
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
-
705
-
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
-
39
-
total
112
-
813
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 646
2 150
-
-
chamber of commerce
4
5
-
-
income
247
322
-
-
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
18
-
-
trade
236
309
-
-
total
501
654
-
-
Dividends
1 145
1 497
-
-
withholding
282
370
-
-
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.

16
20
-
-
total
298
390
-
-
Income
2 150
2 150
2 150
2 150
Total tax
911
1 044
813
1 054
After tax
1 239
1 106
1 337
1 096
Living cost
391
391
391
391
Free-cash
848
715
946
705

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
€717
€563
€1509
€1425
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.

-
-
-
2 150
microenterprise
-
-
-
-
income
-
-
-
440
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
-
-
-
548
total
-
-
-
1 376
Employee
296
-
1 675
-
income
53
-
371
-
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
-
-
243
-
total
86
-
747
-
Employer
296
-
1 675
-
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
-
-
184
-
total
71
-
475
-
Corporate
1 783
2 150
-
-
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%.

357
430
-
-
total
357
430
-
-
Dividends

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

1 426
1 720
-
-
total
-
-
-
-
Income
2 150
2 150
2 150
2 150
Total tax
514
430
1 222
1 376
After tax
1 636
1 720
928
774
Living cost
211
211
211
211
Free-cash
1 425
1 509
717
563

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
€1179
€1190
€1211
€1189
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 150
income
-
-
-
665
health
-
-
-
69
pensions
-
-
-
95
total
-
-
-
829
Employee
199
-
2 043
-
income
39
-
660
-
health
10
-
24
-
unemployment
2
-
5
-
pensions
18
-
43
-
total
69
-
732
-
Employer
199
-
2 043
-
unemployment
4
-
10
-
pensions
22
-
53
-
health
19
-
45
-
total
45
-
108
-
Corporate
1 906
2 150
-
-
income
419
473
-
-
total
419
473
-
-
Dividends
1 487
1 677
-
-
withholding
297
335
-
-
total
297
335
-
-
Income
2 150
2 150
2 150
2 150
Total tax
830
808
840
829
After tax
1 320
1 342
1 310
1 321
Living cost
131
131
131
131
Free-cash
1 189
1 211
1 179
1 190

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.
€39
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
€723
€786
€1124
€1090
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 150
income
-
-
-
659
health
-
-
-
96
unemployment
-
-
-
2
surtax
-
-
-
109
pensions
-
-
-
270
other
-
-
-
-
total
-
-
-
1 136
Employee
341
-
1 865
-
other
-
-
-
-
income
57
-
599
-
health
9
-
34
-
unemployment
24
-
94
-
surtax
1
-
97
-
pensions
23
-
90
-
total
114
-
914
-
Employer
341
-
1 865
-
unemployment
11
-
43
-
pensions
46
-
180
-
other
-
-
-
-
health
16
-
62
-
total
73
-
285
-
Corporate
1 737
2 150
-
-
income
452
559
-
-
total
452
559
-
-
Dividends
1 285
1 591
-
-
withholding
193
239
-
-
total
193
239
-
-
Income
2 150
2 150
2 150
2 150
Total tax
832
798
1 199
1 136
After tax
1 318
1 352
951
1 014
Living cost
228
228
228
228
Free-cash
1 090
1 124
723
786

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
€241
€782
€865
€860
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
-
-
-
2 150
income
-
-
-
664
chamber of commerce
-
-
-
9
health
-
-
-
91
unemployment
-
-
-
62
surtax
-
-
-
-
pensions
-
-
-
219
total
-
-
-
1 045
Employee
443
404
1 767
-
other
4
4
12
-
income
39
30
555
-
health
17
16
46
-
unemployment
13
12
36
-
pensions
45
41
121
-
total
118
103
770
-
Employer
443
404
1 767
-
unemployment
13
12
36
-