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
€ 2500
per

Your estimated
City
free-cash

Valencia , Spain
€1072
€1116
€1379
€1334
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
-
-
-
2 500
income
-
-
-
823
accident
-
-
-
8
unemployment
-
-
-
7
pensions
-
-
-
266
other
-
-
-
1
total
-
-
-
1 105
Employee
375
-
2 201
-
other
-
-
1
-
income
72
-
788
-
unemployment
6
-
15
-
pensions
18
-
44
-
total
96
-
848
-
Employer
375
-
2 201
-
unemployment
21
-
52
-
pensions
88
-
222
-
other
3
-
8
-
accident
7
-
19
-
total
119
-
301
-
Corporate
2 006
2 500
-
-
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.

301
375
-
-
total
301
375
-
-
Dividends
1 705
2 125
-
-
withholding
371
467
-
-
total
371
467
-
-
Income
2 500
2 500
2 500
2 500
Total tax
887
842
1 149
1 105
After tax
1 613
1 658
1 351
1 395
Living cost
279
279
279
279
Free-cash
1 334
1 379
1 072
1 116

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
€1244
€1265
€1567
€1498
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
-
-
-
2 500
income
-
-
-
454
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
-
-
-
965
Employee
368
-
2 107
-
income
63
-
448
-
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
-
593
-
Employer
368
-
2 107
-
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
-
17
-
health
5
-
22
-
total
93
-
393
-
Corporate
2 039
2 500
-
-
income
428
525
-
-
total
428
525
-
-
Dividends
1 611
1 975
-
-
withholding
113
138
-
-
total
113
138
-
-
Income
2 500
2 500
2 500
2 500
Total tax
732
663
986
965
After tax
1 768
1 837
1 514
1 535
Living cost
270
270
270
270
Free-cash
1 498
1 567
1 244
1 265

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
€2004
€1898
€2004
€1958
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
-
-
-
2 500
income
-
-
-
375
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
-
-
-
469
Employee
176
-
2 431
-
income
18
-
243
-
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
-
294
-
Employer
176
-
2 431
-
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
2 290
2 500
-
-
income
229
250
-
-
total
229
250
-
-
Dividends
2 061
2 250
-
-
withholding
103
113
-
-
total
103
113
-
-
Income
2 500
2 500
2 500
2 500
Total tax
409
363
363
469
After tax
2 091
2 137
2 137
2 031
Living cost
133
133
133
133
Free-cash
1 958
2 004
2 004
1 898

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
€913
€1001
€913
€973
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
-
-
-
2 500
income
-
-
-
497
social contributions
-
-
-
71
health
-
-
-
128
surtax
-
-
-
-
pensions
-
-
-
378
other
-
-
-
78
total
-
-
-
1 152
Employee
434
-
1 897
-
income
26
-
434
-
social contributions
12
-
54
-
surtax
-
-
-
-
pensions
49
-
148
-
total
87
-
636
-
Employer
434
-
1 897
-
unemployment
18
-
77
-
social contributions
1
-
6
-
pensions
71
-
246
-
other
15
-
81
-
health
30
-
194
-
total
135
-
604
-
Corporate
1 931
2 500
-
-
income
541
700
-
-
surtax
-
-
-
-
total
541
700
-
-
Dividends
1 390
1 800
-
-
withholding
178
230
-
-
surtax
-
-
-
-
social contributions
239
310
-
-
total
417
540
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 180
1 240
1 240
1 152
After tax
1 320
1 260
1 260
1 348
Living cost
347
347
347
347
Free-cash
973
913
913
1 001

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
€1172
€905
€823
€761
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 500
income
-
-
-
926
health
-
-
-
125
pensions
-
-
-
119
total
-
-
-
1 170
Employee
865
865
2 312
-
income

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

142
142
470
-
health
133
113
125
-
pensions
156
119
119
-
total
431
374
714
-
Employer
865
865
2 312
-
unemployment
31
31
39
-
pensions
60
60
75
-
health
60
60
75
-
total
151
151
189
-
Corporate
1 494
1 483
-
-
income
299
297
-
-
total
299
297
-
-
Dividends
1 195
1 186
-
-
withholding
179
178
-
-
income
254
252
-
-
total
433
430
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 314
1 252
903
1 170
After tax
1 186
1 248
1 597
1 330
Living cost
425
425
425
425
Free-cash
761
823
1 172
905

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
€1225
€905
€952
€1064
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.

-
-
-
2 500
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.

-
-
-
852
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
-
-
-
320
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.

-
-
-
47
total
-
-
-
1 288
Employee

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

388
-
2 500
-
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
-
852
-
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
-
47
-
total
81
-
968
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 112
2 500
-
-
chamber of commerce
5
5
-
-
income
317
375
-
-
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
21
-
-
trade
333
394
-
-
total
672
795
-
-
Dividends
1 441
1 706
-
-
withholding
356
423
-
-
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.

20
23
-
-
total
376
446
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 129
1 241
968
1 288
After tax
1 371
1 259
1 532
1 212
Living cost
307
307
307
307
Free-cash
1 064
952
1 225
905

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
€1418
€1438
€1587
€1531
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
-
-
-
2 500
income
-
-
-
599
social contributions
-
-
-
164
health
-
-
-
64
total
-
-
-
827
Employee
779
779
2 369
-
income
85
72
589
-
social contributions
29
65
87
-
health
6
13
40
-
total
120
150
716
-
Employer
779
779
2 369
-
social contributions
29
65
87
-
health
7
14
44
-
total
36
79
131
-
Corporate
2 109
1 642
-
-
income
264
205
-
-
total
264
205
-
-
Dividends
1 845
1 436
-
-
withholding
314
244
-
-
total
314
244
-
-
Income
2 500
2 500
2 500
2 500
Total tax
734
678
847
827
After tax
1 766
1 822
1 653
1 673
Living cost
235
235
235
235
Free-cash
1 531
1 587
1 418
1 438

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
€772
€975
€1104
€1094
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.

-
-
-
2 500
income
-
-
-
338
social contributions

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

-
-
-
869
surtax
-
-
-
-
total
-
-
-
1 207
Employee
466
-
2 020
-
income
97
-
702
-
social contributions
51
-
222
-
surtax
-
-
6
-
total
148
-
930
-
Employer
466
-
2 020
-
social contributions
111
-
480
-
total
111
-
480
-
Corporate
1 923
2 500
-
-
income
404
525
-
-
surtax
-
-
-
-
total
404
525
-
-
Dividends
1 519
1 975
-
-
withholding
425
553
-
-
total
425
553
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 088
1 078
1 410
1 207
After tax
1 412
1 422
1 090
1 293
Living cost
318
318
318
318
Free-cash
1 094
1 104
772
975

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
€1927
€2402
€2302
€2289
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%.

-
-
-
2 500
microenterprise

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

-
-
-
25
total
-
-
-
25
Employee
91
-
2 500
-
income
18
-
500
-
total
18
-
500
-
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%.

2 409
2 500
-
-
total
-
-
-
-
Dividends
2 409
2 500
-
-
withholding
120
125
-
-
total
120
125
-
-
Income
2 500
2 500
2 500
2 500
Total tax
138
125
500
25
After tax
2 362
2 375
2 000
2 475
Living cost
73
73
73
73
Free-cash
2 289
2 302
1 927
2 402

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
€812
€865
€1449
€1364
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.

-
-
-
2 500
income
-
-
-
656
health
-
-
-
246
unemployment
-
-
-
4
pensions
-
-
-
457
total
-
-
-
1 363
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
-
2 163
-
income
77
-
602
-
health
29
-
140
-
unemployment
1
-
3
-
pensions
69
-
335
-
total
176
-
1 080
-
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
-
2 163
-
unemployment
-
-
1
-
pensions
40
-
191
-
health
30
-
144
-
total
70
-
336
-
Corporate
1 982
2 500
-
-
income
377
475
-
-
total
377
475
-
-
Dividends
1 606
2 025
-
-
withholding
241
304
-
-
total
241
304
-
-
Income
2 500
2 500
2 500
2 500
Total tax
864
779
1 416
1 363
After tax
1 636
1 721
1 084
1 137
Living cost
272
272
272
272
Free-cash
1 364
1 449
812
865

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
€1365
€1691
€1203
€1238
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.

-
-
-
2 500
income
-
-
-
375
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
-
-
-
441
Employee
465
-
2 453
-
social contributions
47
-
47
-
income
50
-
673
-
total
97
-
720
-
Employer
465
-
2 453
-
social contributions
47
-
47
-
total
47
-
47
-
Corporate
1 989
2 500
-
-
income
696
875
-
-
total
696
875
-
-
Dividends
1 293
1 625
-
-
social contributions
54
54
-
-
total
54
54
-
-
Income
2 500
2 500
2 500
2 500
Total tax
894
929
767
441
After tax
1 606
1 571
1 733
2 059
Living cost
368
368
368
368
Free-cash
1 238
1 203
1 365
1 691

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
€1318
€1391
€1310
€1316
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
-
-
-
2 500
income
-
-
-
375
social contributions
-
-
-
345
health
-
-
-
174
total
-
-
-
894
Employee
344
-
2 500
-
income
57
-
448
-
social contributions
47
-
345
-
health
24
-
174
-
total
128
-
967
-
Employer
344
-
2 500
-
total
-
-
-
-
Corporate
2 156
2 500
-
-
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%.

108
125
-
-
total
108
125
-
-
Dividends
2 049
2 375
-
-
withholding
307
356
-
-
health
143
166
-
-
social contributions
283
328
-
-
total
733
850
-
-
Income
2 500
2 500
2 500
2 500
Total tax
969
975
967
894
After tax
1 531
1 525
1 533
1 606
Living cost
215
215
215
215
Free-cash
1 316
1 310
1 318
1 391

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
€1123
€1238
€1446
€1348
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
-
-
-
2 500
income
-
-
-
276
social contributions
-
-
-
321
solidarity contribution
-
-
-
52
health
-
-
-
338
total
-
-
-
987
Employee
404
-
2 041
-
solidarity contribution
-
-
42
-
income
49
-
254
-
social contributions
26
-
71
-
health
55
-
276
-
total
130
-
643
-
Employer
404
-
2 041
-
social contributions
101
-
275
-
health
36
-
184
-
total
137
-
459
-
Corporate
1 958
2 500
-
-
income
372
475
-
-
total
372
475
-
-
Dividends
1 586
2 025
-
-
withholding
238
304
-
-
total
238
304
-
-
Income
2 500
2 500
2 500
2 500
Total tax
877
779
1 102
987
After tax
1 623
1 721
1 398
1 513
Living cost
275
275
275
275
Free-cash
1 348
1 446
1 123
1 238

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
€1887
€2362
€2262
€2241
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%.

-
-
-
2 500
microenterprise

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

-
-
-
25
total
-
-
-
25
Employee
142
-
2 500
-
income
28
-
500
-
total
28
-
500
-
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%.

2 358
2 500
-
-
total
-
-
-
-
Dividends
2 358
2 500
-
-
withholding
118
125
-
-
total
118
125
-
-
Income
2 500
2 500
2 500
2 500
Total tax
146
125
500
25
After tax
2 354
2 375
2 000
2 475
Living cost
113
113
113
113
Free-cash
2 241
2 262
1 887
2 362

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
€771
€859
€771
€841
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
-
-
-
2 500
income
-
-
-
497
social contributions
-
-
-
71
health
-
-
-
128
surtax
-
-
-
-
pensions
-
-
-
378
other
-
-
-
78
total
-
-
-
1 152
Employee
635
-
1 897
-
income
55
-
434
-
social contributions
18
-
54
-
surtax
-
-
-
-
pensions
72
-
148
-
total
145
-
636
-
Employer
635
-
1 897
-
unemployment
26
-
77
-
social contributions
2
-
6
-
pensions
104
-
246
-
other
22
-
81
-
health
44
-
194
-
total
198
-
604
-
Corporate
1 667
2 500
-
-
income
467
700
-
-
surtax
-
-
-
-
total
467
700
-
-
Dividends
1 200
1 800
-
-
withholding
154
230
-
-
surtax
-
-
-
-
social contributions
206
310
-
-
total
360
540
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 170
1 240
1 240
1 152
After tax
1 330
1 260
1 260
1 348
Living cost
489
489
489
489
Free-cash
841
771
771
859

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
€1459
€1460
€1631
€1581
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.

-
-
-
2 500
income
-
-
-
583
health
-
-
-
77
unemployment
-
-
-
11
pensions
-
-
-
194
total
-
-
-
865
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
-
2 366
-
income
36
-
583
-
health
14
-
38
-
unemployment
2
-
6
-
pensions
37
-
105
-
total
89
-
732
-
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
-
2 366
-
unemployment
2
-
6
-
pensions
32
-
90
-
health
14
-
38
-
total
48
-
134
-
Corporate
2 189
2 500
-
-
income
328
375
-
-
total
328
375
-
-
Dividends
1 861
2 125
-
-
withholding
279
319
-
-
total
279
319
-
-
Income
2 500
2 500
2 500
2 500
Total tax
744
694
866
865
After tax
1 756
1 806
1 634
1 635
Living cost
175
175
175
175
Free-cash
1 581
1 631
1 459
1 460

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
€1171
€1241
€435
€736
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
-
-
-
2 500
regional
-
-
-
153
national
-
-
-
86
health
-
-
-
6
city
-
-
-
26
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.

-
-
-
50
pensions
-
-
-
230
total
-
-
-
551
Employee
828
-
2 260
-
regional
27
-
138
-
city
9
-
25
-
health
2
-
5
-
unemployment
-
-
-
-
national
4
-
73
-
pensions
70
-
165
-
total
112
-
406
-
Employer
828
-
2 260
-
unemployment
-
-
-
-
pensions
70
-
165
-
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
-
45
-
health
2
-
5
-
total
89
-
215
-
Corporate
1 575
2 500
-
-
regional
333
529
-
-
national
134
212
-
-
total
467
741
-
-
Dividends
1 108
1 759
-
-
withholding
388
616
-
-
total
388
616
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 056
1 357
621
551
After tax
1 444
1 143
1 879
1 949
Living cost
708
708
708
708
Free-cash
736
435
1 171
1 241

Estimated living cost  is €708 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
€833
€1120
€1129
€1165
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

-
-
-
2 500
municipal
-
-
-
444
national
-
-
-
513
health
-
-
-
34
total
-
-
-
991
Employee
533
-
2 103
-
health
4
-
28
-
unemployment
8
-
32
-
national
9
-
337
-
municipal
87
-
342
-
pensions
36
-
142
-
total
144
-
881
-
Employer
533
-
2 103
-
unemployment
3
-
14
-
pensions
92
-
365
-
accident
1
-
2
-
health
4
-
16
-
total
100
-
397
-
Corporate
1 866
2 500
-
-
income
373
500
-
-
total
373
500
-
-
Dividends

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

1 120
1 500
-
-
national
127
212
-
-
municipal
202
270
-
-
total
329
482
-
-
Income
2 500
2 500
2 500
2 500
Total tax
946
982
1 278
991
After tax
1 554
1 518
1 222
1 509
Living cost
389
389
389
389
Free-cash
1 165
1 129
833
1 120

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
€470
€718
€990
€876
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
-
-
-
2 500
national
-
-
-
1 024
social contributions
-
-
-
253
communal

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

-
-
-
135
total
-
-
-
1 412
Employee

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

725
-
1 936
-
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
-
91
-
communal

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

38
-
101
-
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
-
17
-
national
223
-
742
-
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
-
145
-
total
355
-
1 096
-
Employer

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

725
-
1 936
-
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
-
28
-
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
-
172
-
surtax
82
-
220
-
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
-
25
-
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
-
119
-
total
211
-
564
-
Corporate
1 564
2 500
-
-
income
313
552
-
-
surtax
6
11
-
-
total
319
563
-
-
Dividends
1 245
1 937
-
-
withholding

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

370
577
-
-
total
370
577
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 255
1 140
1 660
1 412
After tax
1 245
1 360
840
1 088
Living cost
370
370
370
370
Free-cash
876
990
470
718

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
€818
€827
€950
€940
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
-
-
-
2 500
municipal
-
-
-
667
national
-
-
-
327
health
-
-
-
57
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
98
other
-
-
-
106
total
-
-
-
1 258
Employee
592
-
2 214
-
national
-
-
321
-
municipal
177
-
660
-
total
177
-
981
-
Employer
592
-
2 214
-
unemployment
16
-
24
-
pensions
64
-
98
-
other
69
-
106
-
accident
1
-
2
-
health
36
-
56
-
total
186
-
286
-
Corporate
1 722
2 500
-
-
income
379
550
-
-
total
379
550
-
-
Dividends
1 343
1 950
-
-
withholding
403
585
-
-
total
403
585
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 145
1 135
1 267
1 258
After tax
1 355
1 365
1 233
1 242
Living cost
415
415
415
415
Free-cash
940
950
818
827

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
€1903
€1271
€1064
€559
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
-
-
-
2 500
income
-
-
-
487
social contributions
-
-
-
285
total
-
-
-
772
Employee
656
-
-
-
income
145
-
-
-
social contributions
54
-
8
-
total
199
-
8
-
Employer
656
-
-
-
social contributions
925
-
132
-
total
925
-
132
-
Corporate
920
2 500
-
-
income
202
550
-
-
total
202
550
-
-
Dividends
717
1 950
-
-
income
158
429
-
-
total
158
429
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 484
979
140
772
After tax
1 016
1 521
2 360
1 728
Living cost
457
457
457
457
Free-cash
559
1 064
1 903
1 271

Estimated living cost  is €457 per week

€297
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.
€112
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
€1324
€1344
€1493
€1450
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
-
-
-
2 500
income
-
-
-
599
social contributions
-
-
-
164
health
-
-
-
64
total
-
-
-
827
Employee
779
779
2 369
-
income
82
72
589
-
social contributions
38
65
87
-
health
8
13
40
-
total
128
150
716
-
Employer
779
779
2 369
-
social contributions
38
65
87
-
health
8
14
44
-
total
46
79
131
-
Corporate
1 998
1 642
-
-
income
250
205
-
-
total
250
205
-
-
Dividends
1 748
1 436
-
-
withholding
297
244
-
-
total
297
244
-
-
Income
2 500
2 500
2 500
2 500
Total tax
721
678
847
827
After tax
1 779
1 822
1 653
1 673
Living cost
329
329
329
329
Free-cash
1 450
1 493
1 324
1 344

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
€1010
€1233
€1187
€1244
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
-
-
-
2 500
income
-
-
-
795
pensions
-
-
-
104
total
-
-
-
899
Employee
505
-
2 177
-
income
92
-
647
-
health
7
-
29
-
pensions
39
-
123
-
total
138
-
799
-
Employer
505
-
2 177
-
pensions
51
-
282
-
health
10
-
41
-
total
61
-
323
-
Corporate
1 935
2 500
-
-
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.

368
475
-
-
total
368
475
-
-
Dividends
1 567
2 025
-
-
withholding
321
470
-
-
total
321
470
-
-
Income
2 500
2 500
2 500
2 500
Total tax
888
945
1 122
899
After tax
1 612
1 555
1 378
1 601
Living cost
368
368
368
368
Free-cash
1 244
1 187
1 010
1 233

Estimated living cost  is €368 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
€698
€782
€913
€867
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
-
-
-
2 500
municipal
-
-
-
18
regional
-
-
-
63
national
-
-
-
726
social contributions
-
-
-
507
total
-
-
-
1 314
Employee
854
-
2 500
-
regional
13
-
58
-
social contributions
288
-
665
-
national
144
-
658
-
municipal
5
-
17
-
total
450
-
1 398
-
Employer
854
-
2 500
-
total
-
-
-
-
Corporate
1 646
2 500
-
-
nationa
395
600
-
-
municipal
79
120
-
-
total
474
720
-
-
Dividends
1 172
1 780
-
-
withholding
305
463
-
-
total
305
463
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 229
1 183
1 398
1 314
After tax
1 271
1 317
1 102
1 186
Living cost
404
404
404
404
Free-cash
867
913
698
782

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
€1178
€1496
-€7
€171
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
-
-
-
2 500
income
-
-
-
728
health
-
-
-
21
accident
-
-
-
2
pensions
-
-
-
40
other
-
-
-
4
total
-
-
-
795
Employee
329
-
2 300
-
income
45
-
578
-
health
38
-
263
-
pensions
37
-
73
-
total
120
-
914
-
Employer
329
-
2 300
-
unemployment
8
-
56
-
pensions
53
-
105
-
accident
5
-
38
-
total
66
-
199
-
Corporate
2 104
2 500
-
-
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.

1 894
2 250
-
-
total
1 894
2 250
-
-
Dividends
210
250
-
-
withholding
40
48
-
-
total
40
48
-
-
Income
2 500
2 500
2 500
2 500
Total tax
2 120
2 298
1 113
795
After tax
380
202
1 387
1 705
Living cost
209
209
209
209
Free-cash
171
-7
1 178
1 496

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
€1141
€850
€894
€1030
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.

-
-
-
2 500
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.

-
-
-
852
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
-
-
-
291
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.

-
-
-
47
total
-
-
-
1 259
Employee

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

504
-
2 500
-
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
-
852
-
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
-
47
-
total
112
-
968
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 996
2 500
-
-
chamber of commerce
4
5
-
-
income
299
375
-
-
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
21
-
-
trade
286
359
-
-
total
605
760
-
-
Dividends
1 389
1 740
-
-
withholding
343
431
-
-
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
24
-
-
total
362
455
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 079
1 215
968
1 259
After tax
1 421
1 285
1 532
1 241
Living cost
391
391
391
391
Free-cash
1 030
894
1 141
850

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
€887
€713
€1789
€1705
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.

-
-
-
2 500
microenterprise
-
-
-
-
income
-
-
-
550
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
-
-
-
638
total
-
-
-
1 576
Employee
296
-
1 990
-
income
53
-
470
-
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
-
-
289
-
total
86
-
892
-
Employer
296
-
1 990
-
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
-
-
219
-
total
71
-
510
-
Corporate
2 133
2 500
-
-
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%.

427
500
-
-
total
427
500
-
-
Dividends

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

1 706
2 000
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
584
500
1 402
1 576
After tax
1 916
2 000
1 098
924
Living cost
211
211
211
211
Free-cash
1 705
1 789
887
713

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
€1406
€1416
€1428
€1406
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
-
-
-
2 500
income
-
-
-
786
health
-
-
-
70
pensions
-
-
-
96
total
-
-
-
952
Employee
201
-
2 391
-
income
39
-
781
-
health
10
-
24
-
unemployment
2
-
5
-
pensions
18
-
43
-
total
69
-
853
-
Employer
201
-
2 391
-
unemployment
4
-
10
-
pensions
22
-
53
-
health
19
-
46
-
total
45
-
109
-
Corporate
2 253
2 500
-
-
income
496
550
-
-
total
496
550
-
-
Dividends
1 758
1 950
-
-
withholding
352
390
-
-
total
352
390
-
-
Income
2 500
2 500
2 500
2 500
Total tax
962
940
962
952
After tax
1 538
1 560
1 538
1 548
Living cost
132
132
132
132
Free-cash
1 406
1 428
1 406
1 416

Estimated living cost  is €132 per week

€79
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
€884
€946
€1344
€1310
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
-
-
-
2 500
income
-
-
-
817
health
-
-
-
96
unemployment
-
-
-
2
surtax
-
-
-
141
pensions
-
-
-
270
other
-
-
-
-
total
-
-
-
1 326
Employee
341
-
2 215
-
other
-
-
-
-
income
57
-
756
-
health
9
-
34
-
unemployment
24
-
94
-
surtax
1
-
129
-
pensions
23
-
90
-
total
114
-
1 103
-
Employer
341
-
2 215
-
unemployment
11
-
43
-
pensions
46
-
180
-
other
-
-
-
-
health
16
-
62
-
total
73
-
285
-
Corporate
2 087
2 500
-
-
income
543
650
-
-
total
543
650
-
-
Dividends
1 544
1 850
-
-
withholding
232
278
-
-
total
232
278
-
-
Income
2 500
2 500
2 500
2 500
Total tax
962
928
1 388
1 326
After tax
1 538
1 572
1 112
1 174
Living cost
228
228
228
228
Free-cash
1 310
1 344
884
946

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
€326
€956
€1055
€1051
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
-
-
-
2 500
income
-
-
-
839
chamber of commerce
-
-
-
10
health
-
-
-
91
unemployment
-
-
-
62
surtax
-
-
-
-
pensions
-
-
-
219
total
-
-
-
1 221
Employee
443
404
2 093
-
other
4
4
12
-
income
39
30
714
-
health
17
16
46
-
unemployment
13
12
36
-
pensions
45
41
121
-
total
118
103
929
-
Employer
443
404
2 093
-
unemployment