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
€ 2300
per

Your estimated
City
free-cash

Valencia , Spain
€962
€1006
€1248
€1203
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
-
-
-
2 300
income
-
-
-
733
accident
-
-
-
8
unemployment
-
-
-
7
pensions
-
-
-
266
other
-
-
-
1
total
-
-
-
1 015
Employee
375
-
2 001
-
other
-
-
1
-
income
72
-
698
-
unemployment
6
-
15
-
pensions
18
-
44
-
total
96
-
758
-
Employer
375
-
2 001
-
unemployment
21
-
52
-
pensions
88
-
222
-
other
3
-
8
-
accident
7
-
19
-
total
119
-
301
-
Corporate
1 806
2 300
-
-
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.

271
345
-
-
total
271
345
-
-
Dividends
1 535
1 955
-
-
withholding
332
428
-
-
total
332
428
-
-
Income
2 300
2 300
2 300
2 300
Total tax
818
773
1 059
1 015
After tax
1 482
1 527
1 241
1 285
Living cost
279
279
279
279
Free-cash
1 203
1 248
962
1 006

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
€1096
€1115
€1420
€1351
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
-
-
-
2 300
income
-
-
-
404
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
-
-
-
915
Employee
368
-
1 909
-
income
63
-
398
-
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
-
543
-
Employer
368
-
1 909
-
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
-
15
-
health
5
-
22
-
total
93
-
391
-
Corporate
1 839
2 300
-
-
income
386
483
-
-
total
386
483
-
-
Dividends
1 453
1 817
-
-
withholding
102
127
-
-
total
102
127
-
-
Income
2 300
2 300
2 300
2 300
Total tax
679
610
934
915
After tax
1 621
1 690
1 366
1 385
Living cost
270
270
270
270
Free-cash
1 351
1 420
1 096
1 115

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
€1824
€1728
€1833
€1787
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
-
-
-
2 300
income
-
-
-
345
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
-
-
-
439
Employee
176
-
2 231
-
income
18
-
223
-
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
-
274
-
Employer
176
-
2 231
-
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
2 090
2 300
-
-
income
209
230
-
-
total
209
230
-
-
Dividends
1 881
2 070
-
-
withholding
94
104
-
-
total
94
104
-
-
Income
2 300
2 300
2 300
2 300
Total tax
380
334
343
439
After tax
1 920
1 966
1 957
1 861
Living cost
133
133
133
133
Free-cash
1 787
1 833
1 824
1 728

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
€842
€910
€812
€872
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
-
-
-
2 300
income
-
-
-
432
social contributions
-
-
-
66
health
-
-
-
113
surtax
-
-
-
-
pensions
-
-
-
361
other
-
-
-
71
total
-
-
-
1 043
Employee
434
-
1 753
-
income
26
-
382
-
social contributions
12
-
50
-
surtax
-
-
-
-
pensions
49
-
133
-
total
87
-
565
-
Employer
434
-
1 753
-
unemployment
18
-
71
-
social contributions
1
-
5
-
pensions
71
-
222
-
other
15
-
73
-
health
30
-
175
-
total
135
-
546
-
Corporate
1 731
2 300
-
-
income
485
644
-
-
surtax
-
-
-
-
total
485
644
-
-
Dividends
1 246
1 656
-
-
withholding
160
212
-
-
surtax
-
-
-
-
social contributions
214
285
-
-
total
374
497
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 081
1 141
1 111
1 043
After tax
1 219
1 159
1 189
1 257
Living cost
347
347
347
347
Free-cash
872
812
842
910

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
€1045
€809
€721
€659
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
-
-
-
2 300
income
-
-
-
822
health
-
-
-
125
pensions
-
-
-
119
total
-
-
-
1 066
Employee
865
865
2 112
-
income

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

142
142
397
-
health
133
113
125
-
pensions
156
119
119
-
total
431
374
641
-
Employer
865
865
2 112
-
unemployment
31
31
39
-
pensions
60
60
75
-
health
60
60
75
-
total
151
151
189
-
Corporate
1 294
1 283
-
-
income
259
257
-
-
total
259
257
-
-
Dividends
1 035
1 026
-
-
withholding
155
154
-
-
income
220
218
-
-
total
375
372
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 216
1 154
830
1 066
After tax
1 084
1 146
1 470
1 234
Living cost
425
425
425
425
Free-cash
659
721
1 045
809

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
€1114
€826
€853
€964
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.

-
-
-
2 300
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.

-
-
-
768
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
-
-
-
288
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.

-
-
-
42
total
-
-
-
1 167
Employee

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

388
-
2 300
-
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
-
768
-
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
-
42
-
total
81
-
879
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 912
2 300
-
-
chamber of commerce
4
5
-
-
income
287
345
-
-
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
19
-
-
trade
301
362
-
-
total
608
731
-
-
Dividends
1 304
1 569
-
-
withholding
322
388
-
-
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.

18
21
-
-
total
340
409
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 029
1 140
879
1 167
After tax
1 271
1 160
1 421
1 133
Living cost
307
307
307
307
Free-cash
964
853
1 114
826

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
€1293
€1311
€1442
€1386
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
-
-
-
2 300
income
-
-
-
531
social contributions
-
-
-
164
health
-
-
-
59
total
-
-
-
754
Employee
779
779
2 173
-
income
85
72
521
-
social contributions
29
65
87
-
health
6
13
37
-
total
120
150
645
-
Employer
779
779
2 173
-
social contributions
29
65
87
-
health
7
14
40
-
total
36
79
127
-
Corporate
1 909
1 442
-
-
income
239
180
-
-
total
239
180
-
-
Dividends
1 670
1 261
-
-
withholding
284
214
-
-
total
284
214
-
-
Income
2 300
2 300
2 300
2 300
Total tax
679
623
772
754
After tax
1 621
1 677
1 528
1 546
Living cost
235
235
235
235
Free-cash
1 386
1 442
1 293
1 311

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
€701
€881
€990
€980
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.

-
-
-
2 300
income
-
-
-
302
social contributions

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

-
-
-
799
surtax
-
-
-
-
total
-
-
-
1 101
Employee
466
-
1 859
-
income
97
-
633
-
social contributions
51
-
204
-
surtax
-
-
3
-
total
148
-
840
-
Employer
466
-
1 859
-
social contributions
111
-
441
-
total
111
-
441
-
Corporate
1 723
2 300
-
-
income
362
483
-
-
surtax
-
-
-
-
total
362
483
-
-
Dividends
1 361
1 817
-
-
withholding
381
509
-
-
total
381
509
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 002
992
1 281
1 101
After tax
1 298
1 308
1 019
1 199
Living cost
318
318
318
318
Free-cash
980
990
701
881

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
€1764
€2201
€2109
€2095
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%.

-
-
-
2 300
microenterprise

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

-
-
-
23
total
-
-
-
23
Employee
95
-
2 300
-
income
19
-
460
-
total
19
-
460
-
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%.

2 205
2 300
-
-
total
-
-
-
-
Dividends
2 205
2 300
-
-
withholding
110
115
-
-
total
110
115
-
-
Income
2 300
2 300
2 300
2 300
Total tax
129
115
460
23
After tax
2 171
2 185
1 840
2 277
Living cost
76
76
76
76
Free-cash
2 095
2 109
1 764
2 201

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
€743
€794
€1312
€1226
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.

-
-
-
2 300
income
-
-
-
585
health
-
-
-
226
unemployment
-
-
-
3
pensions
-
-
-
420
total
-
-
-
1 234
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
-
1 990
-
income
77
-
535
-
health
29
-
129
-
unemployment
1
-
3
-
pensions
69
-
308
-
total
176
-
975
-
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
-
1 990
-
unemployment
-
-
1
-
pensions
40
-
176
-
health
30
-
133
-
total
70
-
310
-
Corporate
1 782
2 300
-
-
income
339
437
-
-
total
339
437
-
-
Dividends
1 444
1 863
-
-
withholding
217
279
-
-
total
217
279
-
-
Income
2 300
2 300
2 300
2 300
Total tax
802
716
1 285
1 234
After tax
1 498
1 584
1 015
1 066
Living cost
272
272
272
272
Free-cash
1 226
1 312
743
794

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
€1235
€1520
€1073
€1108
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.

-
-
-
2 300
income
-
-
-
345
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
-
-
-
412
Employee
465
-
2 253
-
social contributions
47
-
47
-
income
50
-
603
-
total
97
-
650
-
Employer
465
-
2 253
-
social contributions
47
-
47
-
total
47
-
47
-
Corporate
1 789
2 300
-
-
income
626
805
-
-
total
626
805
-
-
Dividends
1 163
1 495
-
-
social contributions
54
54
-
-
total
54
54
-
-
Income
2 300
2 300
2 300
2 300
Total tax
824
859
697
412
After tax
1 476
1 441
1 603
1 888
Living cost
368
368
368
368
Free-cash
1 108
1 073
1 235
1 520

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
€1199
€1262
€1187
€1194
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
-
-
-
2 300
income
-
-
-
345
social contributions
-
-
-
317
health
-
-
-
161
total
-
-
-
823
Employee
344
-
2 300
-
income
57
-
408
-
social contributions
47
-
317
-
health
24
-
161
-
total
128
-
886
-
Employer
344
-
2 300
-
total
-
-
-
-
Corporate
1 956
2 300
-
-
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%.

98
115
-
-
total
98
115
-
-
Dividends
1 859
2 185
-
-
withholding
279
328
-
-
health
130
153
-
-
social contributions
256
302
-
-
total
665
783
-
-
Income
2 300
2 300
2 300
2 300
Total tax
891
898
886
823
After tax
1 409
1 402
1 414
1 477
Living cost
215
215
215
215
Free-cash
1 194
1 187
1 199
1 262

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
€996
€1097
€1306
€1206
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
-
-
-
2 300
income
-
-
-
250
social contributions
-
-
-
325
solidarity contribution
-
-
-
39
health
-
-
-
311
total
-
-
-
925
Employee
409
-
1 855
-
solidarity contribution
-
-
29
-
income
49
-
230
-
social contributions
27
-
72
-
health
55
-
250
-
total
131
-
581
-
Employer
409
-
1 855
-
social contributions
102
-
278
-
health
37
-
167
-
total
139
-
445
-
Corporate
1 752
2 300
-
-
income
333
437
-
-
total
333
437
-
-
Dividends
1 419
1 863
-
-
withholding
213
279
-
-
total
213
279
-
-
Income
2 300
2 300
2 300
2 300
Total tax
816
716
1 026
925
After tax
1 484
1 584
1 274
1 375
Living cost
278
278
278
278
Free-cash
1 206
1 306
996
1 097

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
€1722
€2159
€2067
€2044
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%.

-
-
-
2 300
microenterprise

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

-
-
-
23
total
-
-
-
23
Employee
148
-
2 300
-
income
30
-
460
-
total
30
-
460
-
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%.

2 152
2 300
-
-
total
-
-
-
-
Dividends
2 152
2 300
-
-
withholding
108
115
-
-
total
108
115
-
-
Income
2 300
2 300
2 300
2 300
Total tax
138
115
460
23
After tax
2 162
2 185
1 840
2 277
Living cost
118
118
118
118
Free-cash
2 044
2 067
1 722
2 159

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
€700
€768
€670
€740
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
-
-
-
2 300
income
-
-
-
432
social contributions
-
-
-
66
health
-
-
-
113
surtax
-
-
-
-
pensions
-
-
-
361
other
-
-
-
71
total
-
-
-
1 043
Employee
635
-
1 753
-
income
55
-
382
-
social contributions
18
-
50
-
surtax
-
-
-
-
pensions
72
-
133
-
total
145
-
565
-
Employer
635
-
1 753
-
unemployment
26
-
71
-
social contributions
2
-
5
-
pensions
104
-
222
-
other
22
-
73
-
health
44
-
175
-
total
198
-
546
-
Corporate
1 467
2 300
-
-
income
411
644
-
-
surtax
-
-
-
-
total
411
644
-
-
Dividends
1 056
1 656
-
-
withholding
135
212
-
-
surtax
-
-
-
-
social contributions
182
285
-
-
total
317
497
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 071
1 141
1 111
1 043
After tax
1 229
1 159
1 189
1 257
Living cost
489
489
489
489
Free-cash
740
670
700
768

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
€1310
€1310
€1487
€1436
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.

-
-
-
2 300
income
-
-
-
533
health
-
-
-
77
unemployment
-
-
-
11
pensions
-
-
-
194
total
-
-
-
815
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
-
2 166
-
income
36
-
533
-
health
14
-
38
-
unemployment
2
-
6
-
pensions
37
-
104
-
total
89
-
681
-
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
-
2 166
-
unemployment
2
-
6
-
pensions
32
-
90
-
health
14
-
38
-
total
48
-
134
-
Corporate
1 989
2 300
-
-
income
298
345
-
-
total
298
345
-
-
Dividends
1 691
1 955
-
-
withholding
254
293
-
-
total
254
293
-
-
Income
2 300
2 300
2 300
2 300
Total tax
689
638
815
815
After tax
1 611
1 662
1 485
1 485
Living cost
175
175
175
175
Free-cash
1 436
1 487
1 310
1 310

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
€1026
€1099
€343
€645
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 300
regional
-
-
-
135
national
-
-
-
70
health
-
-
-
5
city
-
-
-
24
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.

-
-
-
46
pensions
-
-
-
212
total
-
-
-
492
Employee
830
-
2 075
-
regional
27
-
121
-
city
9
-
23
-
health
2
-
5
-
unemployment
-
-
-
-
national
4
-
57
-
pensions
70
-
156
-
total
112
-
362
-
Employer
830
-
2 075
-
unemployment
-
-
-
-
pensions
70
-
156
-
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
-
42
-
health
2
-
5
-
total
89
-
203
-
Corporate
1 372
2 300
-
-
regional
290
486
-
-
national
117
196
-
-
total
407
682
-
-
Dividends
965
1 618
-
-
withholding
338
566
-
-
total
338
566
-
-
Income
2 300
2 300
2 300
2 300
Total tax
946
1 248
565
492
After tax
1 354
1 052
1 735
1 808
Living cost
709
709
709
709
Free-cash
645
343
1 026
1 099

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
€754
€1020
€1021
€1052
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

-
-
-
2 300
municipal
-
-
-
408
national
-
-
-
452
health
-
-
-
31
total
-
-
-
891
Employee
533
-
1 935
-
health
4
-
26
-
unemployment
8
-
29
-
national
9
-
290
-
municipal
87
-
315
-
pensions
36
-
131
-
total
144
-
791
-
Employer
533
-
1 935
-
unemployment
3
-
13
-
pensions
92
-
336
-
accident
1
-
2
-
health
4
-
15
-
total
100
-
366
-
Corporate
1 666
2 300
-
-
income
333
460
-
-
total
333
460
-
-
Dividends

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

1 000
1 380
-
-
national
102
182
-
-
municipal
180
248
-
-
total
282
430
-
-
Income
2 300
2 300
2 300
2 300
Total tax
859
890
1 157
891
After tax
1 441
1 410
1 143
1 409
Living cost
389
389
389
389
Free-cash
1 052
1 021
754
1 020

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
€410
€630
€892
€764
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
-
-
-
2 300
national
-
-
-
924
social contributions
-
-
-
253
communal

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

-
-
-
123
total
-
-
-
1 300
Employee

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

725
-
1 781
-
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
-
84
-
communal

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

38
-
93
-
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
-
16
-
national
223
-
675
-
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
-
134
-
total
355
-
1 002
-
Employer

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

725
-
1 781
-
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
-
26
-
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
-
158
-
surtax
82
-
202
-
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
-
23
-
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
-
110
-
total
211
-
519
-
Corporate
1 364
2 300
-
-
income
273
494
-
-
surtax
5
10
-
-
total
278
504
-
-
Dividends
1 086
1 796
-
-
withholding

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

322
535
-
-
total
322
535
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 166
1 039
1 521
1 300
After tax
1 134
1 261
779
1 000
Living cost
370
370
370
370
Free-cash
764
892
410
630

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
€726
€735
€839
€829
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
-
-
-
2 300
municipal
-
-
-
607
national
-
-
-
276
health
-
-
-
57
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
99
other
-
-
-
106
total
-
-
-
1 148
Employee
594
-
2 013
-
national
-
-
270
-
municipal
177
-
600
-
total
177
-
870
-
Employer
594
-
2 013
-
unemployment
16
-
24
-
pensions
64
-
99
-
other
69
-
106
-
accident
1
-
2
-
health
37
-
56
-
total
187
-
287
-
Corporate
1 520
2 300
-
-
income
334
506
-
-
total
334
506
-
-
Dividends
1 186
1 794
-
-
withholding
356
538
-
-
total
356
538
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 054
1 044
1 157
1 148
After tax
1 246
1 256
1 143
1 152
Living cost
417
417
417
417
Free-cash
829
839
726
735

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
€1697
€1128
€937
€428
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
-
-
-
2 300
income
-
-
-
448
social contributions
-
-
-
262
total
-
-
-
710
Employee
663
-
-
-
income
146
-
-
-
social contributions
54
-
8
-
total
200
-
8
-
Employer
663
-
-
-
social contributions
934
-
133
-
total
934
-
133
-
Corporate
703
2 300
-
-
income
155
506
-
-
total
155
506
-
-
Dividends
548
1 794
-
-
income
121
395
-
-
total
121
395
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 410
901
141
710
After tax
890
1 399
2 159
1 590
Living cost
462
462
462
462
Free-cash
428
937
1 697
1 128

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
€1199
€1217
€1348
€1305
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
-
-
-
2 300
income
-
-
-
531
social contributions
-
-
-
164
health
-
-
-
59
total
-
-
-
754
Employee
779
779
2 173
-
income
82
72
521
-
social contributions
38
65
87
-
health
8
13
37
-
total
128
150
645
-
Employer
779
779
2 173
-
social contributions
38
65
87
-
health
8
14
40
-
total
46
79
127
-
Corporate
1 798
1 442
-
-
income
225
180
-
-
total
225
180
-
-
Dividends
1 573
1 261
-
-
withholding
267
214
-
-
total
267
214
-
-
Income
2 300
2 300
2 300
2 300
Total tax
666
623
772
754
After tax
1 634
1 677
1 528
1 546
Living cost
329
329
329
329
Free-cash
1 305
1 348
1 199
1 217

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
€909
€1114
€1077
€1135
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
-
-
-
2 300
income
-
-
-
715
pensions
-
-
-
101
total
-
-
-
816
Employee
508
-
2 004
-
income
92
-
578
-
health
7
-
27
-
pensions
39
-
120
-
total
138
-
725
-
Employer
508
-
2 004
-
pensions
51
-
258
-
health
10
-
38
-
total
61
-
296
-
Corporate
1 731
2 300
-
-
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.

329
437
-
-
total
329
437
-
-
Dividends
1 402
1 863
-
-
withholding
267
416
-
-
total
267
416
-
-
Income
2 300
2 300
2 300
2 300
Total tax
795
853
1 021
816
After tax
1 505
1 447
1 279
1 484
Living cost
370
370
370
370
Free-cash
1 135
1 077
909
1 114

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
€593
€677
€807
€761
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
-
-
-
2 300
municipal
-
-
-
16
regional
-
-
-
56
national
-
-
-
640
social contributions
-
-
-
507
total
-
-
-
1 219
Employee
854
-
2 300
-
regional
13
-
51
-
social contributions
288
-
665
-
national
144
-
572
-
municipal
5
-
15
-
total
450
-
1 303
-
Employer
854
-
2 300
-
total
-
-
-
-
Corporate
1 446
2 300
-
-
nationa
347
552
-
-
municipal
70
111
-
-
total
417
663
-
-
Dividends
1 029
1 637
-
-
withholding
268
426
-
-
total
268
426
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 135
1 089
1 303
1 219
After tax
1 165
1 211
997
1 081
Living cost
404
404
404
404
Free-cash
761
807
593
677

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
€1058
€1358
-€26
€153
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
-
-
-
2 300
income
-
-
-
663
health
-
-
-
21
accident
-
-
-
2
pensions
-
-
-
40
other
-
-
-
4
total
-
-
-
730
Employee
333
-
2 107
-
income
46
-
522
-
health
38
-
241
-
pensions
38
-
74
-
total
122
-
837
-
Employer
333
-
2 107
-
unemployment
8
-
52
-
pensions
54
-
106
-
accident
6
-
35
-
total
68
-
193
-
Corporate
1 899
2 300
-
-
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.

1 709
2 070
-
-
total
1 709
2 070
-
-
Dividends
190
230
-
-
withholding
36
44
-
-
total
36
44
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 935
2 114
1 030
730
After tax
365
186
1 270
1 570
Living cost
212
212
212
212
Free-cash
153
-26
1 058
1 358

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
€1030
€768
€792
€925
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.

-
-
-
2 300
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.

-
-
-
768
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
-
-
-
262
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.

-
-
-
42
total
-
-
-
1 141
Employee

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

504
-
2 300
-
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
-
768
-
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
-
42
-
total
112
-
879
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 796
2 300
-
-
chamber of commerce
4
5
-
-
income
269
345
-
-
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
-
-
trade
258
330
-
-
total
546
699
-
-
Dividends
1 250
1 601
-
-
withholding
309
396
-
-
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.

17
22
-
-
total
326
418
-
-
Income
2 300
2 300
2 300
2 300
Total tax
984
1 117
879
1 141
After tax
1 316
1 183
1 421
1 159
Living cost
391
391
391
391
Free-cash
925
792
1 030
768

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
€790
€628
€1629
€1545
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.

-
-
-
2 300
microenterprise
-
-
-
-
income
-
-
-
487
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
-
-
-
586
total
-
-
-
1 461
Employee
296
-
1 810
-
income
53
-
414
-
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
-
-
262
-
total
86
-
809
-
Employer
296
-
1 810
-
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
-
-
199
-
total
71
-
490
-
Corporate
1 933
2 300
-
-
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%.

387
460
-
-
total
387
460
-
-
Dividends

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

1 546
1 840
-
-
total
-
-
-
-
Income
2 300
2 300
2 300
2 300
Total tax
544
460
1 299
1 461
After tax
1 756
1 840
1 001
839
Living cost
211
211
211
211
Free-cash
1 545
1 629
790
628

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
€1277
€1287
€1304
€1282
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
-
-
-
2 300
income
-
-
-
717
health
-
-
-
69
pensions
-
-
-
96
total
-
-
-
882
Employee
200
-
2 192
-
income
39
-
712
-
health
10
-
24
-
unemployment
2
-
5
-
pensions
18
-
43
-
total
69
-
784
-
Employer
200
-
2 192
-
unemployment
4
-
10
-
pensions
22
-
53
-
health
19
-
45
-
total
45
-
108
-
Corporate
2 055
2 300
-
-
income
452
506
-
-
total
452
506
-
-
Dividends
1 603
1 794
-
-
withholding
321
359
-
-
total
321
359
-
-
Income
2 300
2 300
2 300
2 300
Total tax
887
865
892
882
After tax
1 413
1 435
1 408
1 418
Living cost
131
131
131
131
Free-cash
1 282
1 304
1 277
1 287

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
€792
€854
€1219
€1185
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 300
income
-
-
-
727
health
-
-
-
96
unemployment
-
-
-
2
surtax
-
-
-
123
pensions
-
-
-
270
other
-
-
-
-
total
-
-
-
1 218
Employee
341
-
2 015
-
other
-
-
-
-
income
57
-
666
-
health
9
-
34
-
unemployment
24
-
94
-
surtax
1
-
111
-
pensions
23
-
90
-
total
114
-
995
-
Employer
341
-
2 015
-
unemployment
11
-
43
-
pensions
46
-
180
-
other
-
-
-
-
health
16
-
62
-
total
73
-
285
-
Corporate
1 887
2 300
-
-
income
491
598
-
-
total
491
598
-
-
Dividends
1 396
1 702
-
-
withholding
209
255
-
-
total
209
255
-
-
Income
2 300
2 300
2 300
2 300
Total tax
887
853
1 280
1 218
After tax
1 413
1 447
1 020
1 082
Living cost
228
228
228
228
Free-cash
1 185
1 219
792
854

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
€279
€857
€946
€942
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 300
income
-
-
-
739
chamber of commerce
-
-
-
9
health
-
-
-
91
unemployment
-
-
-
62
surtax
-
-
-
-
pensions
-
-
-
219
total
-
-
-
1 120
Employee
443
404
1 907
-
other
4
4
12
-
income
39
30
622
-
health
17
16
46
-
unemployment
13
12
36
-
pensions
45
41
121
-
total
118
103
837
-
Employer
443
404
1 907
-
unemployment
13