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
€ 2400
per

Your estimated
City
free-cash

Valencia , Spain
€1269
€1017
€1061
€1313
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
-
-
-
2 400
unemployment
-
-
-
7
income
-
-
-
778
other
-
-
-
1
accident
-
-
-
8
pensions
-
-
-
266
total
-
-
-
1 060
Employee
375
-
2 101
-
unemployment
6
-
15
-
pensions
18
-
44
-
income
72
-
743
-
other
-
-
1
-
total
96
-
803
-
Employer
375
-
2 101
-
pensions
88
-
222
-
accident
7
-
19
-
unemployment
21
-
52
-
other
3
-
8
-
total
119
-
301
-
Corporate
1 906
2 400
-
-
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.

286
360
-
-
total
286
360
-
-
Dividends
1 620
2 040
-
-
withholding
351
448
-
-
total
351
448
-
-
Income
2 400
2 400
2 400
2 400
Total tax
852
808
1 104
1 060
After tax
1 548
1 592
1 296
1 340
Living cost
279
279
279
279
Free-cash
1 269
1 313
1 017
1 061

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
€1425
€1170
€1190
€1493
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
-
-
-
2 400
pensions

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

-
-
-
370
income
-
-
-
429
other
-
-
-
73
health
-
-
-
68
total
-
-
-
940
Employee
368
-
2 008
-
health
5
-
22
-
unemployment
4
-
15
-
pensions

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

26
-
108
-
income
63
-
423
-
total
98
-
568
-
Employer
368
-
2 008
-
health
5
-
22
-
pensions

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

63
-
262
-
accident
3
-
16
-
unemployment
4
-
15
-
other
18
-
77
-
total
93
-
392
-
Corporate
1 939
2 400
-
-
income
407
504
-
-
total
407
504
-
-
Dividends
1 532
1 896
-
-
withholding
107
133
-
-
total
107
133
-
-
Income
2 400
2 400
2 400
2 400
Total tax
705
637
960
940
After tax
1 695
1 763
1 440
1 460
Living cost
270
270
270
270
Free-cash
1 425
1 493
1 170
1 190

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
€1872
€1914
€1813
€1919
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
-
-
-
2 400
pensions

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

-
-
-
52
unemployment
-
-
-
1
income
-
-
-
360
health
-
-
-
41
total
-
-
-
454
Employee
176
-
2 331
-
health
8
-
16
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
pensions

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

15
-
31
-
income
18
-
233
-
total
43
-
284
-
Employer
176
-
2 331
-
health
12
-
24
-
pensions

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

19
-
39
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
unemployment
1
-
2
-
total
34
-
69
-
Corporate
2 190
2 400
-
-
income
219
240
-
-
total
219
240
-
-
Dividends
1 971
2 160
-
-
withholding
99
108
-
-
total
99
108
-
-
Income
2 400
2 400
2 400
2 400
Total tax
395
348
353
454
After tax
2 005
2 052
2 047
1 946
Living cost
133
133
133
133
Free-cash
1 872
1 919
1 914
1 813

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
€922
€878
€957
€863
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
-
-
-
2 400
income
-
-
-
464
other
-
-
-
74
health
-
-
-
121
social contributions
-
-
-
68
pensions
-
-
-
369
surtax
-
-
-
-
total
-
-
-
1 096
Employee
434
-
1 825
-
pensions
49
-
140
-
income
26
-
408
-
social contributions
12
-
52
-
surtax
-
-
-
-
total
87
-
600
-
Employer
434
-
1 825
-
health
30
-
185
-
social contributions
1
-
5
-
pensions
71
-
234
-
unemployment
18
-
74
-
other
15
-
77
-
total
135
-
575
-
Corporate
1 831
2 400
-
-
income
513
672
-
-
surtax
-
-
-
-
total
513
672
-
-
Dividends
1 318
1 728
-
-
social contributions
227
297
-
-
surtax
-
-
-
-
withholding
169
221
-
-
total
396
518
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 131
1 190
1 175
1 096
After tax
1 269
1 210
1 225
1 304
Living cost
347
347
347
347
Free-cash
922
863
878
957

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
€710
€1109
€857
€772
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
-
-
-
2 400
pensions
-
-
-
119
income
-
-
-
874
health
-
-
-
125
total
-
-
-
1 118
Employee
865
865
2 212
-
health
133
113
125
-
pensions
156
119
119
-
income

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

142
142
433
-
total
431
374
677
-
Employer
865
865
2 212
-
health
60
60
75
-
pensions
60
60
75
-
unemployment
31
31
39
-
total
151
151
189
-
Corporate
1 394
1 383
-
-
income
279
277
-
-
total
279
277
-
-
Dividends
1 115
1 106
-
-
income
237
235
-
-
withholding
167
166
-
-
total
404
401
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 265
1 203
866
1 118
After tax
1 135
1 197
1 534
1 282
Living cost
425
425
425
425
Free-cash
710
772
1 109
857

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
€1014
€1169
€865
€903
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.

-
-
-
2 400
trade
-
-
-
304
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.

-
-
-
810
health

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

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

-
-
-
69
surtax

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

-
-
-
45
total
-
-
-
1 228
Employee

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

388
-
2 400
-
health

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

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

69
-
69
-
income

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

11
-
810
-
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
-
45
-
total
81
-
924
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 012
2 400
-
-
income
302
360
-
-
trade
317
378
-
-
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
20
-
-
chamber of commerce
4
5
-
-
total
640
763
-
-
Dividends
1 373
1 637
-
-
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.

19
22
-
-
withholding
339
405
-
-
total
358
427
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 079
1 190
924
1 228
After tax
1 321
1 210
1 476
1 172
Living cost
307
307
307
307
Free-cash
1 014
903
1 169
865

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
€1459
€1355
€1375
€1514
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
-
-
-
2 400
income
-
-
-
565
health
-
-
-
61
social contributions
-
-
-
164
total
-
-
-
790
Employee
779
779
2 271
-
health
6
13
39
-
income
85
72
555
-
social contributions
29
65
87
-
total
120
150
681
-
Employer
779
779
2 271
-
health
7
14
42
-
social contributions
29
65
87
-
total
36
79
129
-
Corporate
2 009
1 542
-
-
income
251
193
-
-
total
251
193
-
-
Dividends
1 758
1 349
-
-
withholding
299
229
-
-
total
299
229
-
-
Income
2 400
2 400
2 400
2 400
Total tax
706
651
810
790
After tax
1 694
1 749
1 590
1 610
Living cost
235
235
235
235
Free-cash
1 459
1 514
1 355
1 375

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
€1037
€736
€928
€1047
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.

-
-
-
2 400
income
-
-
-
320
social contributions

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

-
-
-
834
surtax
-
-
-
-
total
-
-
-
1 154
Employee
466
-
1 939
-
income
97
-
667
-
social contributions
51
-
213
-
surtax
-
-
5
-
total
148
-
885
-
Employer
466
-
1 939
-
social contributions
111
-
461
-
total
111
-
461
-
Corporate
1 823
2 400
-
-
income
383
504
-
-
surtax
-
-
-
-
total
383
504
-
-
Dividends
1 440
1 896
-
-
withholding
403
531
-
-
total
403
531
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 045
1 035
1 346
1 154
After tax
1 355
1 365
1 054
1 246
Living cost
318
318
318
318
Free-cash
1 037
1 047
736
928

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
€2190
€1844
€2300
€2204
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%.

-
-
-
2 400
microenterprise

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

-
-
-
24
total
-
-
-
24
Employee
94
-
2 400
-
income
19
-
480
-
total
19
-
480
-
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%.

2 306
2 400
-
-
total
-
-
-
-
Dividends
2 306
2 400
-
-
withholding
115
120
-
-
total
115
120
-
-
Income
2 400
2 400
2 400
2 400
Total tax
134
120
480
24
After tax
2 266
2 280
1 920
2 376
Living cost
76
76
76
76
Free-cash
2 190
2 204
1 844
2 300

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
€1295
€778
€830
€1380
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.

-
-
-
2 400
pensions
-
-
-
438
unemployment
-
-
-
4
income
-
-
-
620
health
-
-
-
236
total
-
-
-
1 298
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
-
2 077
-
health
29
-
134
-
unemployment
1
-
3
-
pensions
69
-
322
-
income
77
-
568
-
total
176
-
1 027
-
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
-
2 077
-
health
30
-
138
-
pensions
40
-
184
-
unemployment
-
-
1
-
total
70
-
323
-
Corporate
1 882
2 400
-
-
income
358
456
-
-
total
358
456
-
-
Dividends
1 525
1 944
-
-
withholding
229
292
-
-
total
229
292
-
-
Income
2 400
2 400
2 400
2 400
Total tax
833
748
1 350
1 298
After tax
1 567
1 652
1 050
1 102
Living cost
272
272
272
272
Free-cash
1 295
1 380
778
830

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
€1173
€1300
€1608
€1138
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.

-
-
-
2 400
income
-
-
-
360
health

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

-
-
-
64
total
-
-
-
424
Employee
465
-
2 353
-
social contributions
47
-
47
-
income
50
-
638
-
total
97
-
685
-
Employer
465
-
2 353
-
social contributions
47
-
47
-
total
47
-
47
-
Corporate
1 889
2 400
-
-
income
661
840
-
-
total
661
840
-
-
Dividends
1 228
1 560
-
-
social contributions
54
54
-
-
total
54
54
-
-
Income
2 400
2 400
2 400
2 400
Total tax
859
894
732
424
After tax
1 541
1 506
1 668
1 976
Living cost
368
368
368
368
Free-cash
1 173
1 138
1 300
1 608

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
€1255
€1258
€1326
€1249
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
-
-
-
2 400
income
-
-
-
360
health
-
-
-
168
social contributions
-
-
-
331
total
-
-
-
859
Employee
344
-
2 400
-
health
24
-
168
-
income
57
-
428
-
social contributions
47
-
331
-
total
128
-
927
-
Employer
344
-
2 400
-
total
-
-
-
-
Corporate
2 056
2 400
-
-
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%.

103
120
-
-
total
103
120
-
-
Dividends
1 954
2 280
-
-
social contributions
270
315
-
-
withholding
293
342
-
-
health
136
159
-
-
total
699
816
-
-
Income
2 400
2 400
2 400
2 400
Total tax
930
936
927
859
After tax
1 470
1 464
1 473
1 541
Living cost
215
215
215
215
Free-cash
1 255
1 249
1 258
1 326

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
€1270
€1052
€1159
€1370
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
-
-
-
2 400
income
-
-
-
262
health
-
-
-
324
social contributions
-
-
-
330
solidarity contribution
-
-
-
43
total
-
-
-
959
Employee
415
-
1 943
-
health
56
-
262
-
solidarity contribution
-
-
33
-
income
50
-
241
-
social contributions
27
-
73
-
total
133
-
609
-
Employer
415
-
1 943
-
health
37
-
175
-
social contributions
104
-
282
-
total
141
-
457
-
Corporate
1 843
2 400
-
-
income
350
456
-
-
total
350
456
-
-
Dividends
1 493
1 944
-
-
withholding
224
292
-
-
total
224
292
-
-
Income
2 400
2 400
2 400
2 400
Total tax
848
748
1 066
959
After tax
1 552
1 652
1 334
1 441
Living cost
282
282
282
282
Free-cash
1 270
1 370
1 052
1 159

Estimated living cost  is €282 per week

€210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€16
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€52
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
€2140
€1802
€2258
€2162
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%.

-
-
-
2 400
microenterprise

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

-
-
-
24
total
-
-
-
24
Employee
147
-
2 400
-
income
29
-
480
-
total
29
-
480
-
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%.

2 253
2 400
-
-
total
-
-
-
-
Dividends
2 253
2 400
-
-
withholding
113
120
-
-
total
113
120
-
-
Income
2 400
2 400
2 400
2 400
Total tax
142
120
480
24
After tax
2 258
2 280
1 920
2 376
Living cost
118
118
118
118
Free-cash
2 140
2 162
1 802
2 258

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
€791
€736
€815
€721
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
-
-
-
2 400
income
-
-
-
464
other
-
-
-
74
health
-
-
-
121
social contributions
-
-
-
68
pensions
-
-
-
369
surtax
-
-
-
-
total
-
-
-
1 096
Employee
635
-
1 825
-
pensions
72
-
140
-
income
55
-
408
-
social contributions
18
-
52
-
surtax
-
-
-
-
total
145
-
600
-
Employer
635
-
1 825
-
health
44
-
185
-
social contributions
2
-
5
-
pensions
104
-
234
-
unemployment
26
-
74
-
other
22
-
77
-
total
198
-
575
-
Corporate
1 567
2 400
-
-
income
439
672
-
-
surtax
-
-
-
-
total
439
672
-
-
Dividends
1 128
1 728
-
-
social contributions
194
297
-
-
surtax
-
-
-
-
withholding
144
221
-
-
total
338
518
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 120
1 190
1 175
1 096
After tax
1 280
1 210
1 225
1 304
Living cost
489
489
489
489
Free-cash
791
721
736
815

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
€1509
€1385
€1385
€1559
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.

-
-
-
2 400
pensions
-
-
-
194
unemployment
-
-
-
11
income
-
-
-
558
health
-
-
-
77
total
-
-
-
840
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
-
2 266
-
health
14
-
38
-
unemployment
2
-
6
-
pensions
37
-
104
-
income
36
-
558
-
total
89
-
706
-
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
-
2 266
-
health
14
-
38
-
pensions
32
-
90
-
unemployment
2
-
6
-
total
48
-
134
-
Corporate
2 090
2 400
-
-
income
313
360
-
-
total
313
360
-
-
Dividends
1 776
2 040
-
-
withholding
266
306
-
-
total
266
306
-
-
Income
2 400
2 400
2 400
2 400
Total tax
716
666
840
840
After tax
1 684
1 734
1 560
1 560
Living cost
175
175
175
175
Free-cash
1 509
1 559
1 385
1 385

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
€695
€1103
€1174
€393
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
-
-
-
2 400
pensions
-
-
-
221
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.

-
-
-
48
health
-
-
-
5
regional
-
-
-
145
national
-
-
-
78
total
-
-
-
522
Employee
824
-
2 168
-
health
2
-
5
-
unemployment
-
-
-
-
city
9
-
24
-
pensions
69
-
160
-
regional
27
-
130
-
national
4
-
66
-
total
111
-
385
-
Employer
824
-
2 168
-
health
2
-
5
-
pensions
69
-
160
-
unemployment
-
-
-
-
other

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

16
-
43
-
total
87
-
208
-
Corporate
1 479
2 400
-
-
regional
313
508
-
-
national
126
204
-
-
total
439
712
-
-
Dividends
1 040
1 688
-
-
withholding
364
591
-
-
total
364
591
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 001
1 303
593
522
After tax
1 399
1 097
1 807
1 878
Living cost
704
704
704
704
Free-cash
695
393
1 103
1 174

Estimated living cost  is €704 per week

€458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€63
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€9
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

Helsinki , Finland
€1109
€795
€1069
€1077
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

-
-
-
2 400
municipal
-
-
-
426
health
-
-
-
33
national
-
-
-
483
total
-
-
-
942
Employee
533
-
2 019
-
health
4
-
27
-
unemployment
8
-
30
-
pensions
36
-
136
-
national
9
-
313
-
municipal
87
-
329
-
total
144
-
835
-
Employer
533
-
2 019
-
health
4
-
16
-
pensions
92
-
350
-
accident
1
-
2
-
unemployment
3
-
13
-
total
100
-
381
-
Corporate
1 766
2 400
-
-
income
353
480
-
-
total
353
480
-
-
Dividends

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

1 060
1 440
-
-
municipal
191
259
-
-
national
114
195
-
-
total
305
454
-
-
Income
2 400
2 400
2 400
2 400
Total tax
902
934
1 216
942
After tax
1 498
1 466
1 184
1 458
Living cost
389
389
389
389
Free-cash
1 109
1 077
795
1 069

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
€820
€442
€674
€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
-
-
-
2 400
communal

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

-
-
-
129
social contributions
-
-
-
253
national
-
-
-
974
total
-
-
-
1 356
Employee

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

725
-
1 859
-
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
-
87
-
communal

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

38
-
97
-
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
-
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
-
139
-
national
223
-
708
-
total
355
-
1 047
-
Employer

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

725
-
1 859
-
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
-
114
-
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
-
165
-
surtax
82
-
211
-
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
-
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
-
total
211
-
541
-
Corporate
1 464
2 400
-
-
income
293
523
-
-
surtax
6
10
-
-
total
299
533
-
-
Dividends
1 165
1 867
-
-
withholding

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

346
556
-
-
total
346
556
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 211
1 089
1 588
1 356
After tax
1 189
1 311
812
1 044
Living cost
370
370
370
370
Free-cash
820
942
442
674

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
€865
€756
€766
€873
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
-
-
-
2 400
unemployment
-
-
-
1
municipal
-
-
-
633
other
-
-
-
111
health
-
-
-
60
national
-
-
-
286
accident
-
-
-
2
pensions
-
-
-
104
total
-
-
-
1 197
Employee
623
-
2 099
-
national
-
-
280
-
municipal
186
-
626
-
total
186
-
906
-
Employer
623
-
2 099
-
health
38
-
59
-
pensions
67
-
104
-
accident
1
-
2
-
unemployment
16
-
25
-
other
72
-
111
-
total
194
-
301
-
Corporate
1 581
2 400
-
-
income
348
528
-
-
total
348
528
-
-
Dividends
1 233
1 872
-
-
withholding
370
562
-
-
total
370
562
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 098
1 090
1 207
1 197
After tax
1 302
1 310
1 193
1 203
Living cost
437
437
437
437
Free-cash
865
873
756
766

Estimated living cost  is €437 per week

€290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€43
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€98
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
€449
€1772
€1177
€979
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
-
-
-
2 400
income
-
-
-
468
social contributions
-
-
-
274
total
-
-
-
742
Employee
690
-
-
-
income
152
-
-
-
social contributions
57
-
8
-
total
209
-
8
-
Employer
690
-
-
-
social contributions
973
-
139
-
total
973
-
139
-
Corporate
737
2 400
-
-
income
162
528
-
-
total
162
528
-
-
Dividends
575
1 872
-
-
income
126
412
-
-
total
126
412
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 470
940
147
742
After tax
930
1 460
2 253
1 658
Living cost
481
481
481
481
Free-cash
449
979
1 772
1 177

Estimated living cost  is €481 per week

€312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€45
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
€1378
€1261
€1281
€1420
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
-
-
-
2 400
income
-
-
-
565
health
-
-
-
61
social contributions
-
-
-
164
total
-
-
-
790
Employee
779
779
2 271
-
health
8
13
39
-
income
82
72
555
-
social contributions
38
65
87
-
total
128
150
681
-
Employer
779
779
2 271
-
health
8
14
42
-
social contributions
38
65
87
-
total
46
79
129
-
Corporate
1 898
1 542
-
-
income
237
193
-
-
total
237
193
-
-
Dividends
1 660
1 349
-
-
withholding
282
229
-
-
total
282
229
-
-
Income
2 400
2 400
2 400
2 400
Total tax
693
651
810
790
After tax
1 707
1 749
1 590
1 610
Living cost
329
329
329
329
Free-cash
1 378
1 420
1 261
1 281

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
€1194
€965
€1179
€1136
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
-
-
-
2 400
income
-
-
-
759
pensions
-
-
-
101
total
-
-
-
860
Employee
496
-
2 090
-
health
6
-
28
-
pensions
38
-
119
-
income
90
-
617
-
total
134
-
764
-
Employer
496
-
2 090
-
health
9
-
40
-
pensions
50
-
270
-
total
59
-
310
-
Corporate
1 845
2 400
-
-
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.

351
456
-
-
total
351
456
-
-
Dividends
1 494
1 944
-
-
withholding
301
447
-
-
total
301
447
-
-
Income
2 400
2 400
2 400
2 400
Total tax
845
903
1 074
860
After tax
1 555
1 497
1 326
1 540
Living cost
361
361
361
361
Free-cash
1 194
1 136
965
1 179

Estimated living cost  is €361 per week

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

Additional information

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

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

Rome , Italy
€814
€646
€729
€860
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 400
municipal
-
-
-
17
regional
-
-
-
60
social contributions
-
-
-
507
national
-
-
-
683
total
-
-
-
1 267
Employee
854
-
2 400
-
social contributions
288
-
665
-
regional
13
-
54
-
national
144
-
615
-
municipal
5
-
16
-
total
450
-
1 350
-
Employer
854
-
2 400
-
total
-
-
-
-
Corporate
1 546
2 400
-
-
nationa
371
576
-
-
municipal
75
116
-
-
total
446
692
-
-
Dividends
1 100
1 708
-
-
withholding
286
444
-
-
total
286
444
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 182
1 136
1 350
1 267
After tax
1 218
1 264
1 050
1 133
Living cost
404
404
404
404
Free-cash
814
860
646
729

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
€161
€1113
€1423
-€21
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
-
-
-
2 400
pensions
-
-
-
41
income
-
-
-
694
other
-
-
-
4
health
-
-
-
21
accident
-
-
-
2
total
-
-
-
762
Employee
337
-
2 202
-
health
39
-
252
-
pensions
38
-
74
-
income
46
-
548
-
total
123
-
874
-
Employer
337
-
2 202
-
pensions
55
-
107
-
accident
6
-
37
-
unemployment
8
-
54
-
total
69
-
198
-
Corporate
1 994
2 400
-
-
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.

1 794
2 160
-
-
total
1 794
2 160
-
-
Dividends
199
240
-
-
withholding
38
46
-
-
total
38
46
-
-
Income
2 400
2 400
2 400
2 400
Total tax
2 024
2 206
1 072
762
After tax
376
194
1 328
1 638
Living cost
215
215
215
215
Free-cash
161
-21
1 113
1 423

Estimated living cost  is €215 per week

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

Additional information

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

Berlin , Germany
€977
€1085
€808
€843
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.

-
-
-
2 400
trade
-
-
-
277
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.

-
-
-
810
health

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

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

-
-
-
69
surtax

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

-
-
-
45
total
-
-
-
1 201
Employee

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

504
-
2 400
-
health

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

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

69
-
69
-
income

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

41
-
810
-
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
-
45
-
total
112
-
924
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 896
2 400
-
-
income
284
360
-
-
trade
272
344
-
-
surtax

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

16
20
-
-
chamber of commerce
4
5
-
-
total
576
729
-
-
Dividends
1 319
1 671
-
-
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
23
-
-
withholding
326
414
-
-
total
344
437
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 032
1 166
924
1 201
After tax
1 368
1 234
1 476
1 199
Living cost
391
391
391
391
Free-cash
977
843
1 085
808

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
€1625
€838
€670
€1709
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.

-
-
-
2 400
income
-
-
-
519
microenterprise
-
-
-
-
social contributions

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

-
-
-
388
surtax
-
-
-
612
total
-
-
-
1 519
Employee
296
-
1 900
-
income
53
-
442
-
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
-
-
276
-
total
86
-
851
-
Employer
296
-
1 900
-
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
-
-
209
-
total
71
-
500
-
Corporate
2 033
2 400
-
-
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%.

407
480
-
-
total
407
480
-
-
Dividends

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

1 626
1 920
-
-
total
-
-
-
-
Income
2 400
2 400
2 400
2 400
Total tax
564
480
1 351
1 519
After tax
1 836
1 920
1 049
881
Living cost
211
211
211
211
Free-cash
1 625
1 709
838
670

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
€1352
€1352
€1362
€1373
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
-
-
-
2 400
income
-
-
-
756
health
-
-
-
66
pensions
-
-
-
91
total
-
-
-
913
Employee
190
-
2 298
-
health
9
-
23
-
unemployment
2
-
5
-
pensions
17
-
41
-
income
37
-
752
-
total
65
-
821
-
Employer
190
-
2 298
-
health
18
-
43
-
pensions
21
-
50
-
unemployment
4
-
9
-
total
43
-
102
-
Corporate
2 168
2 400
-
-
income
477
528
-
-
total
477
528
-
-
Dividends
1 691
1 872
-
-
withholding
338
374
-
-
total
338
374
-
-
Income
2 400
2 400
2 400
2 400
Total tax
923
902
923
913
After tax
1 477
1 498
1 477
1 487
Living cost
124
124
124
124
Free-cash
1 352
1 373
1 352
1 362

Estimated living cost  is €124 per week

€74
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€10
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€38
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
€1247
€838
€900
€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
-
-
-
2 400
pensions
-
-
-
270
unemployment
-
-
-
2
income
-
-
-
772
other
-
-
-
-
health
-
-
-
96
surtax
-
-
-
132
total
-
-
-
1 272
Employee
341
-
2 115
-
health
9
-
34
-
unemployment
24
-
94
-
pensions
23
-
90
-
income
57
-
711
-
other
-
-
-
-
surtax
1
-
120
-
total
114
-
1 049
-
Employer
341
-
2 115
-
health
16
-
62
-
pensions
46
-
180
-
unemployment
11
-
43
-
other
-
-
-
-
total
73
-
285
-
Corporate
1 987
2 400
-
-
income
517
624
-
-
total
517
624
-
-
Dividends
1 470
1 776
-
-
withholding
221
266
-
-
total
221
266
-
-
Income
2 400
2 400
2 400
2 400
Total tax
925
890
1 334
1 272
After tax
1 475
1 510
1 066
1 128
Living cost
228
228
228
228
Free-cash
1 247
1 282
838
900

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
€997
€303
€906
€1000
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
-
-
-
2 400
pensions
-
-
-
219
chamber of commerce
-
-
-
10
unemployment
-
-
-
62
income
-
-
-
789
health
-
-
-
91
surtax
-
-
-
-
total
-
-
-
1 171
Employee
443
404
2 000
-
health
17
16
46
-
unemployment
13
12
36
-
pensions
45
41
121
-
income
39
30
668
-
other
4
4
12
-
total
118
103
883
-
Employer
443
404
2 000
-
health