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
€ 650
per

Your estimated
City
free-cash

Valencia , Spain
€80
€74
€159
€107
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
-
-
-
650
income
-
-
-
101
accident
-
-
-
6
unemployment
-
-
-
5
pensions
-
-
-
184
other
-
-
-
1
total
-
-
-
297
Employee
375
-
493
-
other
-
-
-
-
income
72
-
103
-
unemployment
6
-
8
-
pensions
18
-
23
-
total
96
-
134
-
Employer
375
-
493
-
unemployment
21
-
27
-
pensions
88
-
116
-
other
3
-
4
-
accident
7
-
10
-
total
119
-
157
-
Corporate
156
650
-
-
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.

23
98
-
-
total
23
98
-
-
Dividends
132
552
-
-
withholding
26
114
-
-
total
26
114
-
-
Income
650
650
650
650
Total tax
264
212
291
297
After tax
386
438
359
353
Living cost
279
279
279
279
Free-cash
107
159
80
74

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
€113
€81
€208
€139
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
-
-
-
650
income
-
-
-
83
health
-
-
-
29
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.

-
-
-
156
other
-
-
-
31
total
-
-
-
299
Employee
368
-
519
-
income
63
-
89
-
health
5
-
7
-
unemployment
4
-
5
-
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
-
36
-
total
98
-
137
-
Employer
368
-
519
-
unemployment
4
-
5
-
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
-
88
-
other
18
-
26
-
accident
3
-
4
-
health
5
-
7
-
total
93
-
130
-
Corporate
189
650
-
-
income
40
136
-
-
total
40
136
-
-
Dividends
150
514
-
-
withholding
10
36
-
-
total
10
36
-
-
Income
650
650
650
650
Total tax
241
172
267
299
After tax
409
478
383
351
Living cost
270
270
270
270
Free-cash
139
208
113
81

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
€339
€325
€423
€376
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
-
-
-
650
income
-
-
-
98
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
-
-
-
192
Employee
176
-
581
-
income
18
-
58
-
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
-
109
-
Employer
176
-
581
-
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
440
650
-
-
income
44
65
-
-
total
44
65
-
-
Dividends
396
585
-
-
withholding
20
29
-
-
total
20
29
-
-
Income
650
650
650
650
Total tax
141
94
178
192
After tax
509
556
472
458
Living cost
133
133
133
133
Free-cash
376
423
339
325

Estimated living cost  is €133 per week

€77
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€9
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€42
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
€46
€41
-€19
€41
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
-
-
-
650
income
-
-
-
32
social contributions
-
-
-
19
health
-
-
-
6
surtax
-
-
-
-
pensions
-
-
-
185
other
-
-
-
20
total
-
-
-
262
Employee
434
-
495
-
income
26
-
33
-
social contributions
12
-
14
-
surtax
-
-
-
-
pensions
49
-
56
-
total
87
-
103
-
Employer
434
-
495
-
unemployment
18
-
20
-
social contributions
1
-
1
-
pensions
71
-
81
-
other
15
-
17
-
health
30
-
35
-
total
135
-
154
-
Corporate
81
650
-
-
income
23
182
-
-
surtax
-
-
-
-
total
23
182
-
-
Dividends
58
468
-
-
withholding
7
60
-
-
surtax
-
-
-
-
social contributions
10
80
-
-
total
17
140
-
-
Income
650
650
650
650
Total tax
262
322
257
262
After tax
388
328
393
388
Living cost
347
347
347
347
Free-cash
41
-19
46
41

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
-€357
-€54
-€300
-€357
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
-
-
-
650
income
-
-
-
62
health
-
-
-
100
pensions
-
-
-
117
total
-
-
-
279
Employee
865
865
865
-
income

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

142
142
142
-
health
133
113
133
-
pensions
156
119
156
-
total
431
374
431
-
Employer
865
865
865
-
unemployment
31
31
31
-
pensions
60
60
60
-
health
60
60
60
-
total
151
151
151
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
650
650
650
650
Total tax
582
525
582
279
After tax
68
125
68
371
Living cost
425
425
425
425
Free-cash
-357
-300
-357
-54

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
€185
€157
€23
€135
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.

-
-
-
650
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.

-
-
-
84
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
-
-
-
28
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.

-
-
-
5
total
-
-
-
186
Employee

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

388
-
650
-
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
-
84
-
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
-
5
-
total
81
-
158
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
262
650
-
-
chamber of commerce
2
2
-
-
income
39
98
-
-
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
5
-
-
trade
41
102
-
-
total
84
207
-
-
Dividends
178
442
-
-
withholding
41
107
-
-
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
6
-
-
total
43
113
-
-
Income
650
650
650
650
Total tax
208
320
158
186
After tax
442
330
492
464
Living cost
307
307
307
307
Free-cash
135
23
185
157

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
€218
€266
€186
€188
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
-
-
-
650
income
-
-
-
31
social contributions
-
-
-
101
health
-
-
-
17
total
-
-
-
149
Employee
779
779
779
-
income
85
72
78
-
social contributions
29
65
49
-
health
6
13
10
-
total
120
150
137
-
Employer
779
779
779
-
social contributions
29
65
49
-
health
7
14
11
-
total
36
79
60
-
Corporate
259
-
-
-
income
32
-
-
-
total
32
-
-
-
Dividends
227
-
-
-
withholding
39
-
-
-
total
39
-
-
-
Income
650
650
650
650
Total tax
227
229
197
149
After tax
423
421
453
501
Living cost
235
235
235
235
Free-cash
188
186
218
266

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
€34
€54
€52
€42
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.

-
-
-
650
income
-
-
-
52
social contributions

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

-
-
-
226
surtax
-
-
-
-
total
-
-
-
278
Employee
466
-
525
-
income
97
-
115
-
social contributions
51
-
58
-
surtax
-
-
-
-
total
148
-
173
-
Employer
466
-
525
-
social contributions
111
-
125
-
total
111
-
125
-
Corporate
73
650
-
-
income
15
136
-
-
surtax
-
-
-
-
total
15
136
-
-
Dividends
58
514
-
-
withholding
16
144
-
-
total
16
144
-
-
Income
650
650
650
650
Total tax
290
280
298
278
After tax
360
370
352
372
Living cost
318
318
318
318
Free-cash
42
52
34
54

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
€448
€572
€545
€532
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%.

-
-
-
650
microenterprise

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

-
-
-
6
total
-
-
-
6
Employee
90
-
650
-
income
18
-
130
-
total
18
-
130
-
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%.

560
650
-
-
total
-
-
-
-
Dividends
560
650
-
-
withholding
28
33
-
-
total
28
33
-
-
Income
650
650
650
650
Total tax
46
33
130
6
After tax
604
617
520
644
Living cost
72
72
72
72
Free-cash
532
545
448
572

Estimated living cost  is €72 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.
€19
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
€62
€80
€175
€91
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.

-
-
-
650
income
-
-
-
114
health
-
-
-
64
unemployment
-
-
-
1
pensions
-
-
-
119
total
-
-
-
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
-
562
-
income
77
-
105
-
health
29
-
36
-
unemployment
1
-
1
-
pensions
69
-
87
-
total
176
-
229
-
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
-
562
-
unemployment
-
-
-
-
pensions
40
-
50
-
health
30
-
37
-
total
70
-
87
-
Corporate
132
650
-
-
income
25
124
-
-
total
25
124
-
-
Dividends
107
526
-
-
withholding
16
79
-
-
total
16
79
-
-
Income
650
650
650
650
Total tax
287
203
316
298
After tax
363
447
334
352
Living cost
272
272
272
272
Free-cash
91
175
62
80

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
€103
-€72
€0
€60
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.

-
-
-
650
income
-
-
-
288
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
-
-
-
354
Employee
465
-
603
-
social contributions
47
-
47
-
income
50
-
85
-
total
97
-
132
-
Employer
465
-
603
-
social contributions
47
-
47
-
total
47
-
47
-
Corporate
139
650
-
-
income
48
228
-
-
total
48
228
-
-
Dividends
90
422
-
-
social contributions
30
54
-
-
total
30
54
-
-
Income
650
650
650
650
Total tax
222
282
179
354
After tax
428
368
471
296
Living cost
368
368
368
368
Free-cash
60
-
103
-72

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
€172
€202
€182
€188
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
-
-
-
650
income
-
-
-
98
social contributions
-
-
-
90
health
-
-
-
45
total
-
-
-
233
Employee
344
-
650
-
income
57
-
128
-
social contributions
47
-
90
-
health
24
-
45
-
total
128
-
263
-
Employer
344
-
650
-
total
-
-
-
-
Corporate
306
650
-
-
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%.

15
32
-
-
total
15
32
-
-
Dividends
291
618
-
-
withholding
44
93
-
-
health
20
43
-
-
social contributions
40
85
-
-
total
104
221
-
-
Income
650
650
650
650
Total tax
247
253
263
233
After tax
403
397
387
417
Living cost
215
215
215
215
Free-cash
188
182
172
202

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
€54
€40
€172
€72
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
-
-
-
650
income
-
-
-
56
social contributions
-
-
-
190
solidarity contribution
-
-
-
-
health
-
-
-
88
total
-
-
-
334
Employee
406
-
485
-
solidarity contribution
-
-
-
-
income
49
-
58
-
social contributions
26
-
32
-
health
55
-
65
-
total
130
-
155
-
Employer
406
-
485
-
social contributions
102
-
121
-
health
37
-
44
-
total
139
-
165
-
Corporate
105
650
-
-
income
20
123
-
-
total
20
123
-
-
Dividends
85
527
-
-
withholding
13
79
-
-
total
13
79
-
-
Income
650
650
650
650
Total tax
302
202
320
334
After tax
348
448
330
316
Living cost
276
276
276
276
Free-cash
72
172
54
40

Estimated living cost  is €276 per week

€206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€51
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
€408
€532
€505
€485
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%.

-
-
-
650
microenterprise

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

-
-
-
6
total
-
-
-
6
Employee
140
-
650
-
income
28
-
130
-
total
28
-
130
-
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%.

510
650
-
-
total
-
-
-
-
Dividends
510
650
-
-
withholding
25
33
-
-
total
25
33
-
-
Income
650
650
650
650
Total tax
53
33
130
6
After tax
597
617
520
644
Living cost
112
112
112
112
Free-cash
485
505
408
532

Estimated living cost  is €112 per week

€76
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
-€96
-€101
-€161
-€182
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
-
-
-
650
income
-
-
-
32
social contributions
-
-
-
19
health
-
-
-
6
surtax
-
-
-
-
pensions
-
-
-
185
other
-
-
-
20
total
-
-
-
262
Employee
635
-
495
-
income
55
-
33
-
social contributions
18
-
14
-
surtax
-
-
-
-
pensions
72
-
56
-
total
145
-
103
-
Employer
635
-
495
-
unemployment
26
-
20
-
social contributions
2
-
1
-
pensions
104
-
81
-
other
22
-
17
-
health
44
-
35
-
total
198
-
154
-
Corporate
-
650
-
-
income
-
182
-
-
surtax
-
-
-
-
total
-
182
-
-
Dividends
-
468
-
-
withholding
-
60
-
-
surtax
-
-
-
-
social contributions
-
80
-
-
total
-
140
-
-
Income
650
650
650
650
Total tax
343
322
257
262
After tax
307
328
393
388
Living cost
489
489
489
489
Free-cash
-182
-161
-96
-101

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
€174
€144
€294
€244
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.

-
-
-
650
income
-
-
-
85
health
-
-
-
67
unemployment
-
-
-
10
pensions
-
-
-
169
total
-
-
-
331
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
-
551
-
income
36
-
94
-
health
14
-
28
-
unemployment
2
-
4
-
pensions
37
-
77
-
total
89
-
203
-
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
-
551
-
unemployment
2
-
4
-
pensions
32
-
66
-
health
14
-
28
-
total
48
-
98
-
Corporate
339
650
-
-
income
51
98
-
-
total
51
98
-
-
Dividends
288
552
-
-
withholding
43
83
-
-
total
43
83
-
-
Income
650
650
650
650
Total tax
231
181
301
331
After tax
419
469
349
319
Living cost
175
175
175
175
Free-cash
244
294
174
144

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
-€192
-€158
-€409
-€258
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
-
-
-
650
regional
-
-
-
17
national
-
-
-
2
health
-
-
-
2
city
-
-
-
7
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.

-
-
-
13
pensions
-
-
-
60
total
-
-
-
101
Employee
828
-
582
-
regional
27
-
15
-
city
9
-
6
-
health
2
-
1
-
unemployment
-
-
-
-
national
4
-
2
-
pensions
70
-
49
-
total
112
-
73
-
Employer
828
-
582
-
unemployment
-
-
-
-
pensions
70
-
49
-
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
-
12
-
health
2
-
1
-
total
89
-
62
-
Corporate
-
650
-
-
regional
-
137
-
-
national
-
55
-
-
total
-
192
-
-
Dividends
-
457
-
-
withholding
-
160
-
-
total
-
160
-
-
Income
650
650
650
650
Total tax
201
352
135
101
After tax
449
298
515
549
Living cost
707
707
707
707
Free-cash
-258
-409
-192
-158

Estimated living cost  is €707 per week

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

Additional information

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

Helsinki , Finland
€8
€105
€58
€12
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

-
-
-
650
municipal
-
-
-
116
national
-
-
-
34
health
-
-
-
6
total
-
-
-
156
Employee
533
-
547
-
health
4
-
4
-
unemployment
8
-
8
-
national
9
-
10
-
municipal
87
-
90
-
pensions
36
-
37
-
total
144
-
149
-
Employer
533
-
547
-
unemployment
3
-
4
-
pensions
92
-
95
-
accident
1
-
1
-
health
4
-
4
-
total
100
-
104
-
Corporate
16
650
-
-
income
3
130
-
-
total
3
130
-
-
Dividends

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

10
390
-
-
national
-
3
-
-
municipal
2
70
-
-
total
2
73
-
-
Income
650
650
650
650
Total tax
249
203
253
156
After tax
401
447
397
494
Living cost
389
389
389
389
Free-cash
12
58
8
105

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
-€96
-€30
-€4
-€286
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
-
-
-
650
national
-
-
-
195
social contributions
-
-
-
82
communal

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

-
-
-
34
total
-
-
-
311
Employee

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

725
-
503
-
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
-
24
-
communal

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

38
-
26
-
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
-
4
-
national
223
-
137
-
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
-
38
-
total
355
-
229
-
Employer

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

725
-
503
-
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
-
7
-
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
-
45
-
surtax
82
-
57
-
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
-
7
-
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
-
31
-
total
211
-
147
-
Corporate
-
650
-
-
income
-
130
-
-
surtax
-
3
-
-
total
-
133
-
-
Dividends
-
517
-
-
withholding

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

-
152
-
-
total
-
152
-
-
Income
650
650
650
650
Total tax
566
285
376
311
After tax
84
365
274
339
Living cost
370
370
370
370
Free-cash
-286
-4
-96
-30

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
-€63
-€89
-€57
-€120
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
-
-
-
650
municipal
-
-
-
138
national
-
-
-
-
health
-
-
-
41
accident
-
-
-
1
unemployment
-
-
-
1
pensions
-
-
-
70
other
-
-
-
76
total
-
-
-
327
Employee
586
-
495
-
national
-
-
-
-
municipal
175
-
147
-
total
175
-
147
-
Employer
586
-
495
-
unemployment
15
-
13
-
pensions
63
-
53
-
other
68
-
57
-
accident
1
-
1
-
health
36
-
30
-
total
183
-
154
-
Corporate
-
650
-
-
income
-
143
-
-
total
-
143
-
-
Dividends
-
507
-
-
withholding
-
152
-
-
total
-
152
-
-
Income
650
650
650
650
Total tax
358
295
301
327
After tax
292
355
349
323
Living cost
412
412
412
412
Free-cash
-120
-57
-63
-89

Estimated living cost  is €412 per week

€273
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.
€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.
€92
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
€75
€8
-€46
-€875
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
-
-
-
650
income
-
-
-
127
social contributions
-
-
-
74
total
-
-
-
201
Employee
633
-
-
-
income
140
-
-
-
social contributions
52
-
7
-
total
192
-
7
-
Employer
633
-
-
-
social contributions
892
-
127
-
total
892
-
127
-
Corporate
-
650
-
-
income
-
143
-
-
total
-
143
-
-
Dividends
-
507
-
-
income
-
112
-
-
total
-
112
-
-
Income
650
650
650
650
Total tax
1 084
255
134
201
After tax
-434
395
516
449
Living cost
441
441
441
441
Free-cash
-875
-46
75
8

Estimated living cost  is €441 per week

€286
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.
€108
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
€124
€172
€92
€107
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
-
-
-
650
income
-
-
-
31
social contributions
-
-
-
101
health
-
-
-
17
total
-
-
-
149
Employee
779
779
779
-
income
82
72
78
-
social contributions
38
65
49
-
health
8
13
10
-
total
128
150
137
-
Employer
779
779
779
-
social contributions
38
65
49
-
health
8
14
11
-
total
46
79
60
-
Corporate
148
-
-
-
income
18
-
-
-
total
18
-
-
-
Dividends
129
-
-
-
withholding
22
-
-
-
total
22
-
-
-
Income
650
650
650
650
Total tax
214
229
197
149
After tax
436
421
453
501
Living cost
329
329
329
329
Free-cash
107
92
124
172

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
€55
€122
€123
€67
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
-
-
-
650
income
-
-
-
122
pensions
-
-
-
42
total
-
-
-
164
Employee
500
-
578
-
income
91
-
104
-
health
7
-
8
-
pensions
38
-
47
-
total
136
-
159
-
Employer
500
-
578
-
pensions
51
-
61
-
health
10
-
11
-
total
61
-
72
-
Corporate
90
650
-
-
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.

17
124
-
-
total
17
124
-
-
Dividends
73
526
-
-
withholding
5
39
-
-
total
5
39
-
-
Income
650
650
650
650
Total tax
219
163
231
164
After tax
431
487
419
486
Living cost
364
364
364
364
Free-cash
67
123
55
122

Estimated living cost  is €364 per week

€250
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.
€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
-€91
-€54
-€61
-€204
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
-
-
-
650
municipal
-
-
-
4
regional
-
-
-
10
national
-
-
-
119
social contributions
-
-
-
167
total
-
-
-
300
Employee
854
-
650
-
regional
13
-
9
-
social contributions
288
-
219
-
national
144
-
105
-
municipal
5
-
4
-
total
450
-
337
-
Employer
854
-
650
-
total
-
-
-
-
Corporate
-
650
-
-
nationa
-
156
-
-
municipal
-
31
-
-
total
-
187
-
-
Dividends
-
463
-
-
withholding
-
120
-
-
total
-
120
-
-
Income
650
650
650
650
Total tax
450
307
337
300
After tax
200
343
313
350
Living cost
404
404
404
404
Free-cash
-204
-61
-91
-54

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
€124
€237
-€158
€20
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
-
-
-
650
income
-
-
-
135
health
-
-
-
21
accident
-
-
-
2
pensions
-
-
-
40
other
-
-
-
4
total
-
-
-
202
Employee
333
-
540
-
income
46
-
82
-
health
38
-
62
-
pensions
37
-
61
-
total
121
-
205
-
Employer
333
-
540
-
unemployment
8
-
13
-
pensions
54
-
88
-
accident
6
-
9
-
total
68
-
110
-
Corporate
250
650
-
-
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.

225
585
-
-
total
225
585
-
-
Dividends
25
65
-
-
withholding
5
12
-
-
total
5
12
-
-
Income
650
650
650
650
Total tax
419
597
315
202
After tax
231
53
335
448
Living cost
211
211
211
211
Free-cash
20
-158
124
237

Estimated living cost  is €211 per week

€155
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€40
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
€101
€75
-€54
€79
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.

-
-
-
650
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.

-
-
-
84
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
-
-
-
26
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.

-
-
-
5
total
-
-
-
184
Employee

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

504
-
650
-
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
-
84
-
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
-
5
-
total
112
-
158
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
146
650
-
-
chamber of commerce
2
2
-
-
income
22
98
-
-
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
5
-
-
trade
21
93
-
-
total
46
198
-
-
Dividends
100
451
-
-
withholding
21
109
-
-
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
6
-
-
total
22
115
-
-
Income
650
650
650
650
Total tax
180
313
158
184
After tax
470
337
492
466
Living cost
391
391
391
391
Free-cash
79
-54
101
75

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
€159
€309
€309
€225
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.

-
-
-
650
microenterprise
-
-
-
98
income
-
-
-
-
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.

-
-
-
32
surtax
-
-
-
-
total
-
-
-
130
Employee
296
-
524
-
income
53
-
96
-
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
-
58
-
surtax
-
-
-
-
total
86
-
154
-
Employer
296
-
524
-
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
-
126
-
surtax
-
-
-
-
total
71
-
126
-
Corporate
283
650
-
-
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%.

57
130
-
-
total
57
130
-
-
Dividends

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

226
520
-
-
total
-
-
-
-
Income
650
650
650
650
Total tax
214
130
280
130
After tax
436
520
370
520
Living cost
211
211
211
211
Free-cash
225
309
159
309

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
€202
€212
€273
€252
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
-
-
-
650
income
-
-
-
138
health
-
-
-
70
pensions
-
-
-
97
total
-
-
-
305
Employee
202
-
541
-
income
39
-
133
-
health
10
-
24
-
unemployment
2
-
5
-
pensions
18
-
44
-
total
69
-
206
-
Employer
202
-
541
-
unemployment
4
-
10
-
pensions
22
-
53
-
health
19
-
46
-
total
45
-
109
-
Corporate
402
650
-
-
income
88
143
-
-
total
88
143
-
-
Dividends
314
507
-
-
withholding
63
101
-
-
total
63
101
-
-
Income
650
650
650
650
Total tax
265
244
315
305
After tax
385
406
335
345
Living cost
133
133
133
133
Free-cash
252
273
202
212

Estimated living cost  is €133 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
€119
€134
€181
€147
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
-
-
-
650
income
-
-
-
102
health
-
-
-
46
unemployment
-
-
-
2
surtax
-
-
-
8
pensions
-
-
-
130
other
-
-
-
-
total
-
-
-
288
Employee
341
-
537
-
other
-
-
-
-
income
57
-
96
-
health
9
-
14
-
unemployment
24
-
37
-
surtax
1
-
7
-
pensions
23
-
36
-
total
114
-
190
-
Employer
341
-
537
-
unemployment
11
-
17
-
pensions
46
-
72
-
other
-
-
-
-
health
16
-
24
-
total
73
-
113
-
Corporate
237
650
-
-
income
62
169
-
-
total
62
169
-
-
Dividends
175
481
-
-
withholding
26
72
-
-
total
26
72
-
-
Income
650
650
650
650
Total tax
275
241
303
288
After tax
375
409
347
362
Living cost
228
228
228
228
Free-cash
147
181
119
134

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
-€84
€33
€49
€45
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
-
-
-
650
income
-
-
-
59
chamber of commerce
-
-
-
3
health
-
-
-
50
unemployment
-
-
-
62
surtax
-
-
-
-
pensions
-
-
-
120
total
-
-
-
294
Employee
443
404
505
-
other
4
4
5
-
income
39
30
57
-
health
17
16
20
-
unemployment
13
12
15
-
pensions
45
41
52
-
total
118
103
149
-
Employer
443
404
505
-
unemployment
13
12
15
-
chamber of commerce
2
2
2
-
pensions
56
51
63
-
payroll
13
12
15
-
other
21
19
24
-
surtax
-
-
-