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
€ 2350
per

Your estimated
City
free-cash

Valencia , Spain
€989
€1033
€1281
€1237
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 350
income
-
-
-
756
accident
-
-
-
8
unemployment
-
-
-
7
pensions
-
-
-
266
other
-
-
-
1
total
-
-
-
1 038
Employee
375
-
2 051
-
other
-
-
1
-
income
72
-
721
-
unemployment
6
-
15
-
pensions
18
-
44
-
total
96
-
781
-
Employer
375
-
2 051
-
unemployment
21
-
52
-
pensions
88
-
222
-
other
3
-
8
-
accident
7
-
19
-
total
119
-
301
-
Corporate
1 856
2 350
-
-
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.

278
352
-
-
total
278
352
-
-
Dividends
1 577
1 998
-
-
withholding
341
438
-
-
total
341
438
-
-
Income
2 350
2 350
2 350
2 350
Total tax
834
790
1 082
1 038
After tax
1 516
1 560
1 268
1 312
Living cost
279
279
279
279
Free-cash
1 237
1 281
989
1 033

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
€1133
€1152
€1456
€1388
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
-
-
-
2 350
income
-
-
-
417
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
-
-
-
928
Employee
368
-
1 958
-
income
63
-
410
-
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
-
555
-
Employer
368
-
1 958
-
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
-
16
-
health
5
-
22
-
total
93
-
392
-
Corporate
1 889
2 350
-
-
income
397
494
-
-
total
397
494
-
-
Dividends
1 493
1 856
-
-
withholding
104
130
-
-
total
104
130
-
-
Income
2 350
2 350
2 350
2 350
Total tax
692
624
947
928
After tax
1 658
1 726
1 403
1 422
Living cost
270
270
270
270
Free-cash
1 388
1 456
1 133
1 152

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
€1869
€1770
€1876
€1830
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
-
-
-
2 350
income
-
-
-
353
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
-
-
-
447
Employee
176
-
2 280
-
income
18
-
228
-
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
-
279
-
Employer
176
-
2 280
-
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
2 139
2 350
-
-
income
214
235
-
-
total
214
235
-
-
Dividends
1 925
2 115
-
-
withholding
96
106
-
-
total
96
106
-
-
Income
2 350
2 350
2 350
2 350
Total tax
387
341
348
447
After tax
1 963
2 009
2 002
1 903
Living cost
133
133
133
133
Free-cash
1 830
1 876
1 869
1 770

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
€860
€933
€837
€897
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 350
income
-
-
-
448
social contributions
-
-
-
67
health
-
-
-
117
surtax
-
-
-
-
pensions
-
-
-
365
other
-
-
-
73
total
-
-
-
1 070
Employee
434
-
1 789
-
income
26
-
395
-
social contributions
12
-
51
-
surtax
-
-
-
-
pensions
49
-
137
-
total
87
-
583
-
Employer
434
-
1 789
-
unemployment
18
-
72
-
social contributions
1
-
5
-
pensions
71
-
228
-
other
15
-
75
-
health
30
-
180
-
total
135
-
560
-
Corporate
1 781
2 350
-
-
income
499
658
-
-
surtax
-
-
-
-
total
499
658
-
-
Dividends
1 282
1 692
-
-
withholding
164
217
-
-
surtax
-
-
-
-
social contributions
221
291
-
-
total
385
508
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 106
1 166
1 143
1 070
After tax
1 244
1 184
1 207
1 280
Living cost
347
347
347
347
Free-cash
897
837
860
933

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
€1077
€833
€746
€685
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
-
-
-
2 350
income
-
-
-
848
health
-
-
-
125
pensions
-
-
-
119
total
-
-
-
1 092
Employee
865
865
2 162
-
income

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

142
142
415
-
health
133
113
125
-
pensions
156
119
119
-
total
431
374
659
-
Employer
865
865
2 162
-
unemployment
31
31
39
-
pensions
60
60
75
-
health
60
60
75
-
total
151
151
189
-
Corporate
1 344
1 333
-
-
income
269
267
-
-
total
269
267
-
-
Dividends
1 075
1 066
-
-
withholding
161
160
-
-
income
228
227
-
-
total
389
387
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 240
1 179
848
1 092
After tax
1 110
1 171
1 502
1 258
Living cost
425
425
425
425
Free-cash
685
746
1 077
833

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
€1142
€846
€878
€990
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.

-
-
-
2 350
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.

-
-
-
789
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
-
-
-
296
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.

-
-
-
43
total
-
-
-
1 197
Employee

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

388
-
2 350
-
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
-
789
-
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
-
43
-
total
81
-
901
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 962
2 350
-
-
chamber of commerce
4
5
-
-
income
294
352
-
-
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
309
370
-
-
total
623
746
-
-
Dividends
1 338
1 603
-
-
withholding
331
397
-
-
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
22
-
-
total
349
419
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 053
1 165
901
1 197
After tax
1 297
1 185
1 449
1 153
Living cost
307
307
307
307
Free-cash
990
878
1 142
846

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
€1324
€1343
€1478
€1423
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
-
-
-
2 350
income
-
-
-
548
social contributions
-
-
-
164
health
-
-
-
60
total
-
-
-
772
Employee
779
779
2 222
-
income
85
72
538
-
social contributions
29
65
87
-
health
6
13
38
-
total
120
150
663
-
Employer
779
779
2 222
-
social contributions
29
65
87
-
health
7
14
41
-
total
36
79
128
-
Corporate
1 959
1 492
-
-
income
245
186
-
-
total
245
186
-
-
Dividends
1 714
1 305
-
-
withholding
291
222
-
-
total
291
222
-
-
Income
2 350
2 350
2 350
2 350
Total tax
692
637
791
772
After tax
1 658
1 713
1 559
1 578
Living cost
235
235
235
235
Free-cash
1 423
1 478
1 324
1 343

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
€718
€904
€1018
€1009
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.

-
-
-
2 350
income
-
-
-
311
social contributions

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

-
-
-
817
surtax
-
-
-
-
total
-
-
-
1 128
Employee
466
-
1 899
-
income
97
-
650
-
social contributions
51
-
209
-
surtax
-
-
4
-
total
148
-
863
-
Employer
466
-
1 899
-
social contributions
111
-
451
-
total
111
-
451
-
Corporate
1 773
2 350
-
-
income
372
494
-
-
surtax
-
-
-
-
total
372
494
-
-
Dividends
1 401
1 856
-
-
withholding
392
520
-
-
total
392
520
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 023
1 014
1 314
1 128
After tax
1 327
1 336
1 036
1 222
Living cost
318
318
318
318
Free-cash
1 009
1 018
718
904

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
€1807
€2254
€2160
€2146
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%.

-
-
-
2 350
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
91
-
2 350
-
income
18
-
470
-
total
18
-
470
-
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%.

2 259
2 350
-
-
total
-
-
-
-
Dividends
2 259
2 350
-
-
withholding
113
117
-
-
total
113
117
-
-
Income
2 350
2 350
2 350
2 350
Total tax
131
117
470
23
After tax
2 219
2 233
1 880
2 327
Living cost
73
73
73
73
Free-cash
2 146
2 160
1 807
2 254

Estimated living cost  is €73 per week

€45
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
€762
€812
€1346
€1261
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.

-
-
-
2 350
income
-
-
-
602
health
-
-
-
231
unemployment
-
-
-
4
pensions
-
-
-
429
total
-
-
-
1 266
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
-
2 033
-
income
77
-
551
-
health
29
-
131
-
unemployment
1
-
3
-
pensions
69
-
315
-
total
176
-
1 000
-
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
-
2 033
-
unemployment
-
-
1
-
pensions
40
-
180
-
health
30
-
135
-
total
70
-
316
-
Corporate
1 832
2 350
-
-
income
348
446
-
-
total
348
446
-
-
Dividends
1 484
1 904
-
-
withholding
223
286
-
-
total
223
286
-
-
Income
2 350
2 350
2 350
2 350
Total tax
817
732
1 316
1 266
After tax
1 533
1 618
1 034
1 084
Living cost
272
272
272
272
Free-cash
1 261
1 346
762
812

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
€1268
€1564
€1106
€1141
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.

-
-
-
2 350
income
-
-
-
352
health

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

-
-
-
66
total
-
-
-
418
Employee
465
-
2 303
-
social contributions
47
-
47
-
income
50
-
620
-
total
97
-
667
-
Employer
465
-
2 303
-
social contributions
47
-
47
-
total
47
-
47
-
Corporate
1 839
2 350
-
-
income
643
822
-
-
total
643
822
-
-
Dividends
1 195
1 528
-
-
social contributions
54
54
-
-
total
54
54
-
-
Income
2 350
2 350
2 350
2 350
Total tax
841
876
714
418
After tax
1 509
1 474
1 636
1 932
Living cost
368
368
368
368
Free-cash
1 141
1 106
1 268
1 564

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
€1229
€1295
€1218
€1225
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
-
-
-
2 350
income
-
-
-
352
social contributions
-
-
-
324
health
-
-
-
164
total
-
-
-
840
Employee
344
-
2 350
-
income
57
-
418
-
social contributions
47
-
324
-
health
24
-
164
-
total
128
-
906
-
Employer
344
-
2 350
-
total
-
-
-
-
Corporate
2 006
2 350
-
-
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%.

100
118
-
-
total
100
118
-
-
Dividends
1 906
2 232
-
-
withholding
286
335
-
-
health
133
156
-
-
social contributions
263
308
-
-
total
682
799
-
-
Income
2 350
2 350
2 350
2 350
Total tax
910
917
906
840
After tax
1 440
1 433
1 444
1 510
Living cost
215
215
215
215
Free-cash
1 225
1 218
1 229
1 295

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
€1032
€1137
€1342
€1245
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
-
-
-
2 350
income
-
-
-
257
social contributions
-
-
-
321
solidarity contribution
-
-
-
43
health
-
-
-
317
total
-
-
-
938
Employee
404
-
1 904
-
solidarity contribution
-
-
33
-
income
48
-
236
-
social contributions
26
-
71
-
health
55
-
257
-
total
129
-
597
-
Employer
404
-
1 904
-
social contributions
101
-
275
-
health
36
-
171
-
total
137
-
446
-
Corporate
1 808
2 350
-
-
income
344
447
-
-
total
344
447
-
-
Dividends
1 465
1 903
-
-
withholding
220
286
-
-
total
220
286
-
-
Income
2 350
2 350
2 350
2 350
Total tax
830
733
1 043
938
After tax
1 520
1 617
1 307
1 412
Living cost
275
275
275
275
Free-cash
1 245
1 342
1 032
1 137

Estimated living cost  is €275 per week

€204
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.
€50
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
€1767
€2214
€2120
€2099
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%.

-
-
-
2 350
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
142
-
2 350
-
income
28
-
470
-
total
28
-
470
-
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%.

2 208
2 350
-
-
total
-
-
-
-
Dividends
2 208
2 350
-
-
withholding
110
117
-
-
total
110
117
-
-
Income
2 350
2 350
2 350
2 350
Total tax
138
117
470
23
After tax
2 212
2 233
1 880
2 327
Living cost
113
113
113
113
Free-cash
2 099
2 120
1 767
2 214

Estimated living cost  is €113 per week

€77
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.
€28
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
€718
€791
€695
€765
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
-
-
-
2 350
income
-
-
-
448
social contributions
-
-
-
67
health
-
-
-
117
surtax
-
-
-
-
pensions
-
-
-
365
other
-
-
-
73
total
-
-
-
1 070
Employee
635
-
1 789
-
income
55
-
395
-
social contributions
18
-
51
-
surtax
-
-
-
-
pensions
72
-
137
-
total
145
-
583
-
Employer
635
-
1 789
-
unemployment
26
-
72
-
social contributions
2
-
5
-
pensions
104
-
228
-
other
22
-
75
-
health
44
-
180
-
total
198
-
560
-
Corporate
1 517
2 350
-
-
income
425
658
-
-
surtax
-
-
-
-
total
425
658
-
-
Dividends
1 092
1 692
-
-
withholding
140
217
-
-
surtax
-
-
-
-
social contributions
188
291
-
-
total
328
508
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 096
1 166
1 143
1 070
After tax
1 254
1 184
1 207
1 280
Living cost
489
489
489
489
Free-cash
765
695
718
791

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
€1347
€1348
€1523
€1472
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.

-
-
-
2 350
income
-
-
-
545
health
-
-
-
77
unemployment
-
-
-
11
pensions
-
-
-
194
total
-
-
-
827
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.

264
-
2 216
-
income
36
-
545
-
health
14
-
38
-
unemployment
2
-
6
-
pensions
37
-
105
-
total
89
-
694
-
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.

264
-
2 216
-
unemployment
2
-
6
-
pensions
32
-
90
-
health
14
-
38
-
total
48
-
134
-
Corporate
2 039
2 350
-
-
income
306
352
-
-
total
306
352
-
-
Dividends
1 733
1 998
-
-
withholding
260
300
-
-
total
260
300
-
-
Income
2 350
2 350
2 350
2 350
Total tax
703
652
828
827
After tax
1 647
1 698
1 522
1 523
Living cost
175
175
175
175
Free-cash
1 472
1 523
1 347
1 348

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.
€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 Source
Zurich , Switzerland
€1066
€1136
€367
€669
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
-
-
-
2 350
regional
-
-
-
140
national
-
-
-
74
health
-
-
-
5
city
-
-
-
25
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.

-
-
-
47
pensions
-
-
-
216
total
-
-
-
507
Employee
828
-
2 122
-
regional
27
-
125
-
city
9
-
23
-
health
2
-
5
-
unemployment
-
-
-
-
national
4
-
61
-
pensions
70
-
158
-
total
112
-
372
-
Employer
828
-
2 122
-
unemployment
-
-
-
-
pensions
70
-
158
-
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
-
205
-
Corporate
1 425
2 350
-
-
regional
301
497
-
-
national
121
200
-
-
total
422
697
-
-
Dividends
1 003
1 653
-
-
withholding
351
579
-
-
total
351
579
-
-
Income
2 350
2 350
2 350
2 350
Total tax
974
1 276
577
507
After tax
1 376
1 074
1 773
1 843
Living cost
707
707
707
707
Free-cash
669
367
1 066
1 136

Estimated living cost  is €707 per week

€460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€63
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€9
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Helsinki , Finland
€776
€1045
€1048
€1081
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

-
-
-
2 350
municipal
-
-
-
417
national
-
-
-
467
health
-
-
-
32
total
-
-
-
916
Employee
533
-
1 977
-
health
4
-
26
-
unemployment
8
-
30
-
national
9
-
301
-
municipal
87
-
322
-
pensions
36
-
133
-
total
144
-
812
-
Employer
533
-
1 977
-
unemployment
3
-
13
-
pensions
92
-
343
-
accident
1
-
2
-
health
4
-
15
-
total
100
-
373
-
Corporate
1 716
2 350
-
-
income
343
470
-
-
total
343
470
-
-
Dividends

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

1 030
1 410
-
-
national
108
189
-
-
municipal
185
254
-
-
total
293
443
-
-
Income
2 350
2 350
2 350
2 350
Total tax
880
913
1 185
916
After tax
1 470
1 437
1 165
1 434
Living cost
389
389
389
389
Free-cash
1 081
1 048
776
1 045

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
€426
€652
€916
€792
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
-
-
-
2 350
national
-
-
-
949
social contributions
-
-
-
253
communal

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

-
-
-
126
total
-
-
-
1 328
Employee

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

725
-
1 820
-
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
-
86
-
communal

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

38
-
95
-
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
-
691
-
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
-
137
-
total
355
-
1 025
-
Employer

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

725
-
1 820
-
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
-
27
-
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
-
161
-
surtax
82
-
206
-
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
-
24
-
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
-
112
-
total
211
-
530
-
Corporate
1 414
2 350
-
-
income
283
508
-
-
surtax
6
10
-
-
total
289
518
-
-
Dividends
1 126
1 831
-
-
withholding

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

334
546
-
-
total
334
546
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 189
1 064
1 555
1 328
After tax
1 161
1 286
795
1 022
Living cost
370
370
370
370
Free-cash
792
916
426
652

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
€750
€760
€868
€858
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
-
-
-
2 350
municipal
-
-
-
622
national
-
-
-
289
health
-
-
-
57
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
98
other
-
-
-
106
total
-
-
-
1 175
Employee
592
-
2 064
-
national
-
-
284
-
municipal
177
-
615
-
total
177
-
899
-
Employer
592
-
2 064
-
unemployment
16
-
24
-
pensions
64
-
98
-
other
69
-
106
-
accident
1
-
2
-
health
36
-
56
-
total
186
-
286
-
Corporate
1 572
2 350
-
-
income
346
517
-
-
total
346
517
-
-
Dividends
1 226
1 833
-
-
withholding
368
550
-
-
total
368
550
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 077
1 067
1 185
1 175
After tax
1 273
1 283
1 165
1 175
Living cost
415
415
415
415
Free-cash
858
868
750
760

Estimated living cost  is €415 per week

€275
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
€1758
€1171
€977
€478
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
-
-
-
2 350
income
-
-
-
458
social contributions
-
-
-
268
total
-
-
-
726
Employee
650
-
-
-
income
143
-
-
-
social contributions
53
-
8
-
total
196
-
8
-
Employer
650
-
-
-
social contributions
917
-
131
-
total
917
-
131
-
Corporate
783
2 350
-
-
income
172
517
-
-
total
172
517
-
-
Dividends
611
1 833
-
-
income
134
403
-
-
total
134
403
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 419
920
139
726
After tax
931
1 430
2 211
1 624
Living cost
453
453
453
453
Free-cash
478
977
1 758
1 171

Estimated living cost  is €453 per week

€294
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.
€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
Limassol , Cyprus
€1230
€1249
€1384
€1341
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
-
-
-
2 350
income
-
-
-
548
social contributions
-
-
-
164
health
-
-
-
60
total
-
-
-
772
Employee
779
779
2 222
-
income
82
72
538
-
social contributions
38
65
87
-
health
8
13
38
-
total
128
150
663
-
Employer
779
779
2 222
-
social contributions
38
65
87
-
health
8
14
41
-
total
46
79
128
-
Corporate
1 848
1 492
-
-
income
231
186
-
-
total
231
186
-
-
Dividends
1 617
1 305
-
-
withholding
275
222
-
-
total
275
222
-
-
Income
2 350
2 350
2 350
2 350
Total tax
680
637
791
772
After tax
1 670
1 713
1 559
1 578
Living cost
329
329
329
329
Free-cash
1 341
1 384
1 230
1 249

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
€936
€1146
€1105
€1164
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
-
-
-
2 350
income
-
-
-
736
pensions
-
-
-
101
total
-
-
-
837
Employee
504
-
2 047
-
income
92
-
597
-
health
7
-
27
-
pensions
38
-
120
-
total
137
-
744
-
Employer
504
-
2 047
-
pensions
51
-
264
-
health
10
-
39
-
total
61
-
303
-
Corporate
1 785
2 350
-
-
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.

339
447
-
-
total
339
447
-
-
Dividends
1 446
1 903
-
-
withholding
282
431
-
-
total
282
431
-
-
Income
2 350
2 350
2 350
2 350
Total tax
819
878
1 047
837
After tax
1 531
1 472
1 303
1 513
Living cost
367
367
367
367
Free-cash
1 164
1 105
936
1 146

Estimated living cost  is €367 per week

€252
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€77
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

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

Rome , Italy
€620
€703
€834
€788
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
-
-
-
2 350
municipal
-
-
-
17
regional
-
-
-
58
national
-
-
-
661
social contributions
-
-
-
507
total
-
-
-
1 243
Employee
854
-
2 350
-
regional
13
-
53
-
social contributions
288
-
665
-
national
144
-
593
-
municipal
5
-
15
-
total
450
-
1 326
-
Employer
854
-
2 350
-
total
-
-
-
-
Corporate
1 496
2 350
-
-
nationa
359
564
-
-
municipal
72
113
-
-
total
431
677
-
-
Dividends
1 065
1 673
-
-
withholding
277
435
-
-
total
277
435
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 158
1 112
1 326
1 243
After tax
1 192
1 238
1 024
1 107
Living cost
404
404
404
404
Free-cash
788
834
620
703

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
€1092
€1395
-€19
€158
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
-
-
-
2 350
income
-
-
-
680
health
-
-
-
21
accident
-
-
-
2
pensions
-
-
-
39
other
-
-
-
4
total
-
-
-
746
Employee
328
-
2 157
-
income
45
-
537
-
health
38
-
247
-
pensions
37
-
72
-
total
120
-
856
-
Employer
328
-
2 157
-
unemployment
8
-
53
-
pensions
53
-
104
-
accident
5
-
36
-
total
66
-
193
-
Corporate
1 955
2 350
-
-
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.

1 760
2 115
-
-
total
1 760
2 115
-
-
Dividends
196
235
-
-
withholding
37
45
-
-
total
37
45
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 983
2 160
1 049
746
After tax
367
190
1 301
1 604
Living cost
209
209
209
209
Free-cash
158
-19
1 092
1 395

Estimated living cost  is €209 per week

€153
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
€1058
€788
€819
€952
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.

-
-
-
2 350
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.

-
-
-
789
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
-
-
-
270
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.

-
-
-
43
total
-
-
-
1 171
Employee

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

504
-
2 350
-
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
-
789
-
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
-
43
-
total
112
-
901
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 846
2 350
-
-
chamber of commerce
4
5
-
-
income
277
352
-
-
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
265
337
-
-
total
561
713
-
-
Dividends
1 285
1 636
-
-
withholding
317
405
-
-
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
334
427
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 007
1 140
901
1 171
After tax
1 343
1 210
1 449
1 179
Living cost
391
391
391
391
Free-cash
952
819
1 058
788

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
€814
€649
€1669
€1585
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.

-
-
-
2 350
microenterprise
-
-
-
-
income
-
-
-
503
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
-
-
-
599
total
-
-
-
1 490
Employee
296
-
1 855
-
income
53
-
428
-
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
-
-
269
-
total
86
-
830
-
Employer
296
-
1 855
-
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
-
-
204
-
total
71
-
495
-
Corporate
1 983
2 350
-
-
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%.

397
470
-
-
total
397
470
-
-
Dividends

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

1 586
1 880
-
-
total
-
-
-
-
Income
2 350
2 350
2 350
2 350
Total tax
554
470
1 325
1 490
After tax
1 796
1 880
1 025
860
Living cost
211
211
211
211
Free-cash
1 585
1 669
814
649

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
€1310
€1320
€1335
€1314
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
-
-
-
2 350
income
-
-
-
734
health
-
-
-
69
pensions
-
-
-
96
total
-
-
-
899
Employee
200
-
2 242
-
income
39
-
729
-
health
10
-
24
-
unemployment
2
-
5
-
pensions
18
-
43
-
total
69
-
801
-
Employer
200
-
2 242
-
unemployment
4
-
10
-
pensions
22
-
53
-
health
19
-
45
-
total
45
-
108
-
Corporate
2 105
2 350
-
-
income
463
517
-
-
total
463
517
-
-
Dividends
1 642
1 833
-
-
withholding
328
367
-
-
total
328
367
-
-
Income
2 350
2 350
2 350
2 350
Total tax
905
884
909
899
After tax
1 445
1 466
1 441
1 451
Living cost
131
131
131
131
Free-cash
1 314
1 335
1 310
1 320

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
€815
€878
€1250
€1216
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
-
-
-
2 350
income
-
-
-
749
health
-
-
-
96
unemployment
-
-
-
2
surtax
-
-
-
127
pensions
-
-
-
270
other
-
-
-
-
total
-
-
-
1 244
Employee
341
-
2 065
-
other
-
-
-
-
income
57
-
689
-
health
9
-
34
-
unemployment
24
-
94
-
surtax
1
-
115
-
pensions
23
-
90
-
total
114
-
1 022
-
Employer
341
-
2 065
-
unemployment
11
-
43
-
pensions
46
-
180
-
other
-
-
-
-
health
16
-
62
-
total
73
-
285
-
Corporate
1 937
2 350
-
-
income
504
611
-
-
total
504
611
-
-
Dividends
1 433
1 739
-
-
withholding
215
261
-
-
total
215
261
-
-
Income
2 350
2 350
2 350
2 350
Total tax
906
872
1 307
1 244
After tax
1 444
1 478
1 043
1 106
Living cost
228
228
228
228
Free-cash
1 216
1 250
815
878

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
€291
€882
€974
€969
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
-
-
-
2 350
income
-
-
-
764
chamber of commerce
-
-
-
9
health
-
-
-
91
unemployment
-
-
-
62
surtax
-
-
-
-
pensions
-
-
-
219
total
-
-
-
1 145
Employee
443
404
1 953
-
other
4
4
12
-
income
39
30
644
-
health
17
16
46
-
unemployment
13
12
36
-
pensions
45
41
121
-
total
118
103
859
-
Employer
443
404
1 953
-
unemployment
13