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
€ 800
per

Your estimated
City
free-cash

Valencia , Spain
€208
€154
€148
€261
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
-
-
-
800
unemployment
-
-
-
6
income
-
-
-
133
other
-
-
-
1
accident
-
-
-
7
pensions
-
-
-
226
total
-
-
-
373
Employee
375
-
607
-
unemployment
6
-
9
-
pensions
18
-
29
-
income
72
-
135
-
other
-
-
1
-
total
96
-
174
-
Employer
375
-
607
-
pensions
88
-
143
-
accident
7
-
12
-
unemployment
21
-
33
-
other
3
-
5
-
total
119
-
193
-
Corporate
306
800
-
-
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.

46
120
-
-
total
46
120
-
-
Dividends
260
680
-
-
withholding
52
140
-
-
total
52
140
-
-
Income
800
800
800
800
Total tax
313
260
367
373
After tax
487
540
433
427
Living cost
279
279
279
279
Free-cash
208
261
154
148

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
€249
€199
€163
€318
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
-
-
-
800
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.

-
-
-
192
income
-
-
-
102
other
-
-
-
38
health
-
-
-
35
total
-
-
-
367
Employee
368
-
639
-
health
5
-
9
-
unemployment
4
-
6
-
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
-
45
-
income
63
-
110
-
total
98
-
170
-
Employer
368
-
639
-
health
5
-
9
-
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
-
109
-
accident
3
-
5
-
unemployment
4
-
6
-
other
18
-
32
-
total
93
-
161
-
Corporate
339
800
-
-
income
71
168
-
-
total
71
168
-
-
Dividends
268
632
-
-
withholding
19
44
-
-
total
19
44
-
-
Income
800
800
800
800
Total tax
281
212
331
367
After tax
519
588
469
433
Living cost
270
270
270
270
Free-cash
249
318
199
163

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
€504
€474
€453
€551
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
-
-
-
800
pensions

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

-
-
-
52
unemployment
-
-
-
1
income
-
-
-
120
health
-
-
-
41
total
-
-
-
214
Employee
176
-
731
-
health
8
-
16
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
pensions

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

15
-
31
-
income
18
-
73
-
total
43
-
124
-
Employer
176
-
731
-
health
12
-
24
-
pensions

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

19
-
39
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
unemployment
1
-
2
-
total
34
-
69
-
Corporate
590
800
-
-
income
59
80
-
-
total
59
80
-
-
Dividends
531
720
-
-
withholding
27
36
-
-
total
27
36
-
-
Income
800
800
800
800
Total tax
163
116
193
214
After tax
637
684
607
586
Living cost
133
133
133
133
Free-cash
504
551
474
453

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
€116
€128
€116
€56
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
-
-
-
800
income
-
-
-
45
other
-
-
-
25
health
-
-
-
7
social contributions
-
-
-
23
pensions
-
-
-
237
surtax
-
-
-
-
total
-
-
-
337
Employee
434
-
610
-
pensions
49
-
69
-
income
26
-
48
-
social contributions
12
-
17
-
surtax
-
-
-
-
total
87
-
134
-
Employer
434
-
610
-
health
30
-
43
-
social contributions
1
-
2
-
pensions
71
-
100
-
unemployment
18
-
25
-
other
15
-
21
-
total
135
-
191
-
Corporate
231
800
-
-
income
65
224
-
-
surtax
-
-
-
-
total
65
224
-
-
Dividends
166
576
-
-
social contributions
29
99
-
-
surtax
-
-
-
-
withholding
21
74
-
-
total
50
173
-
-
Income
800
800
800
800
Total tax
337
397
325
337
After tax
463
403
475
463
Living cost
347
347
347
347
Free-cash
116
56
128
116

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
-€207
-€207
€30
-€150
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
-
-
-
800
pensions
-
-
-
119
income
-
-
-
117
health
-
-
-
109
total
-
-
-
345
Employee
865
865
865
-
health
133
113
133
-
pensions
156
119
156
-
income

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

142
142
142
-
total
431
374
431
-
Employer
865
865
865
-
health
60
60
60
-
pensions
60
60
60
-
unemployment
31
31
31
-
total
151
151
151
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
800
800
800
800
Total tax
582
525
582
345
After tax
218
275
218
455
Living cost
425
425
425
425
Free-cash
-207
-150
-207
30

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
€210
€284
€232
€98
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.

-
-
-
800
trade
-
-
-
52
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.

-
-
-
133
health

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

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

-
-
-
69
surtax

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

-
-
-
7
total
-
-
-
261
Employee

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

388
-
800
-
health

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

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

69
-
69
-
income

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

11
-
133
-
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
-
7
-
total
81
-
209
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
412
800
-
-
income
62
120
-
-
trade
65
126
-
-
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.

3
7
-
-
chamber of commerce
2
3
-
-
total
132
256
-
-
Dividends
280
545
-
-
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.

4
7
-
-
withholding
66
132
-
-
total
70
139
-
-
Income
800
800
800
800
Total tax
283
395
209
261
After tax
517
405
591
539
Living cost
307
307
307
307
Free-cash
210
98
284
232

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
€297
€346
€358
€336
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
-
-
-
800
income
-
-
-
62
health
-
-
-
20
social contributions
-
-
-
125
total
-
-
-
207
Employee
779
779
779
-
health
6
13
12
-
income
85
72
74
-
social contributions
29
65
60
-
total
120
150
146
-
Employer
779
779
779
-
health
7
14
13
-
social contributions
29
65
60
-
total
36
79
73
-
Corporate
409
-
-
-
income
51
-
-
-
total
51
-
-
-
Dividends
358
-
-
-
withholding
61
-
-
-
total
61
-
-
-
Income
800
800
800
800
Total tax
268
229
219
207
After tax
532
571
581
593
Living cost
235
235
235
235
Free-cash
297
336
346
358

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
€127
€102
€135
€137
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.

-
-
-
800
income
-
-
-
69
social contributions

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

-
-
-
278
surtax
-
-
-
-
total
-
-
-
347
Employee
466
-
646
-
income
97
-
155
-
social contributions
51
-
71
-
surtax
-
-
-
-
total
148
-
226
-
Employer
466
-
646
-
social contributions
111
-
154
-
total
111
-
154
-
Corporate
223
800
-
-
income
47
168
-
-
surtax
-
-
-
-
total
47
168
-
-
Dividends
176
632
-
-
withholding
49
177
-
-
total
49
177
-
-
Income
800
800
800
800
Total tax
355
345
380
347
After tax
445
455
420
453
Living cost
318
318
318
318
Free-cash
127
137
102
135

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
€670
€564
€716
€684
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%.

-
-
-
800
microenterprise

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

-
-
-
8
total
-
-
-
8
Employee
94
-
800
-
income
19
-
160
-
total
19
-
160
-
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%.

706
800
-
-
total
-
-
-
-
Dividends
706
800
-
-
withholding
35
40
-
-
total
35
40
-
-
Income
800
800
800
800
Total tax
54
40
160
8
After tax
746
760
640
792
Living cost
76
76
76
76
Free-cash
670
684
564
716

Estimated living cost  is €76 per week

€47
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€6
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€2
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€20
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Ljubljana , Slovenia
€194
€129
€151
€279
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.

-
-
-
800
pensions
-
-
-
146
unemployment
-
-
-
1
income
-
-
-
151
health
-
-
-
79
total
-
-
-
377
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
-
692
-
health
29
-
45
-
unemployment
1
-
1
-
pensions
69
-
107
-
income
77
-
139
-
total
176
-
292
-
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
-
692
-
health
30
-
46
-
pensions
40
-
61
-
unemployment
-
-
-
-
total
70
-
107
-
Corporate
282
800
-
-
income
54
152
-
-
total
54
152
-
-
Dividends
229
648
-
-
withholding
34
97
-
-
total
34
97
-
-
Income
800
800
800
800
Total tax
334
249
399
377
After tax
466
551
401
423
Living cost
272
272
272
272
Free-cash
194
279
129
151

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
€157
€215
€80
€98
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.

-
-
-
800
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.

-
-
-
64
total
-
-
-
352
Employee
465
-
753
-
social contributions
47
-
47
-
income
50
-
123
-
total
97
-
170
-
Employer
465
-
753
-
social contributions
47
-
47
-
total
47
-
47
-
Corporate
289
800
-
-
income
101
280
-
-
total
101
280
-
-
Dividends
188
520
-
-
social contributions
30
54
-
-
total
30
54
-
-
Income
800
800
800
800
Total tax
275
334
217
352
After tax
525
466
583
448
Living cost
368
368
368
368
Free-cash
157
98
215
80

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
€279
€311
€299
€273
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
-
-
-
800
income
-
-
-
120
health
-
-
-
56
social contributions
-
-
-
110
total
-
-
-
286
Employee
344
-
800
-
health
24
-
56
-
income
57
-
108
-
social contributions
47
-
110
-
total
128
-
274
-
Employer
344
-
800
-
total
-
-
-
-
Corporate
456
800
-
-
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%.

23
40
-
-
total
23
40
-
-
Dividends
434
760
-
-
social contributions
60
105
-
-
withholding
65
114
-
-
health
30
53
-
-
total
155
272
-
-
Income
800
800
800
800
Total tax
306
312
274
286
After tax
494
488
526
514
Living cost
215
215
215
215
Free-cash
279
273
311
299

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
€167
€122
€106
€268
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
-
-
-
800
income
-
-
-
69
health
-
-
-
108
social contributions
-
-
-
234
solidarity contribution
-
-
-
-
total
-
-
-
411
Employee
415
-
597
-
health
56
-
81
-
solidarity contribution
-
-
-
-
income
50
-
72
-
social contributions
27
-
39
-
total
133
-
192
-
Employer
415
-
597
-
health
37
-
54
-
social contributions
104
-
149
-
total
141
-
203
-
Corporate
243
800
-
-
income
46
152
-
-
total
46
152
-
-
Dividends
197
648
-
-
withholding
30
97
-
-
total
30
97
-
-
Income
800
800
800
800
Total tax
350
249
395
411
After tax
450
551
405
389
Living cost
283
283
283
283
Free-cash
167
268
122
106

Estimated living cost  is €283 per week

€210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€16
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€52
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
€620
€522
€674
€642
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%.

-
-
-
800
microenterprise

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

-
-
-
8
total
-
-
-
8
Employee
147
-
800
-
income
29
-
160
-
total
29
-
160
-
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%.

653
800
-
-
total
-
-
-
-
Dividends
653
800
-
-
withholding
33
40
-
-
total
33
40
-
-
Income
800
800
800
800
Total tax
62
40
160
8
After tax
738
760
640
792
Living cost
118
118
118
118
Free-cash
620
642
522
674

Estimated living cost  is €118 per week

€80
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€5
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€29
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Paris , France
-€32
-€14
-€26
-€86
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
-
-
-
800
income
-
-
-
45
other
-
-
-
25
health
-
-
-
7
social contributions
-
-
-
23
pensions
-
-
-
237
surtax
-
-
-
-
total
-
-
-
337
Employee
635
-
610
-
pensions
72
-
69
-
income
55
-
48
-
social contributions
18
-
17
-
surtax
-
-
-
-
total
145
-
134
-
Employer
635
-
610
-
health
44
-
43
-
social contributions
2
-
2
-
pensions
104
-
100
-
unemployment
26
-
25
-
other
22
-
21
-
total
198
-
191
-
Corporate
-
800
-
-
income
-
224
-
-
surtax
-
-
-
-
total
-
224
-
-
Dividends
-
576
-
-
social contributions
-
99
-
-
surtax
-
-
-
-
withholding
-
74
-
-
total
-
173
-
-
Income
800
800
800
800
Total tax
343
397
325
337
After tax
457
403
475
463
Living cost
489
489
489
489
Free-cash
-32
-86
-14
-26

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
€353
€240
€223
€403
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.

-
-
-
800
pensions
-
-
-
194
unemployment
-
-
-
11
income
-
-
-
120
health
-
-
-
77
total
-
-
-
402
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

263
-
679
-
health
14
-
35
-
unemployment
2
-
5
-
pensions
37
-
95
-
income
36
-
129
-
total
89
-
264
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

263
-
679
-
health
14
-
35
-
pensions
32
-
81
-
unemployment
2
-
5
-
total
48
-
121
-
Corporate
490
800
-
-
income
73
120
-
-
total
73
120
-
-
Dividends
416
680
-
-
withholding
62
102
-
-
total
62
102
-
-
Income
800
800
800
800
Total tax
272
222
385
402
After tax
528
578
415
398
Living cost
175
175
175
175
Free-cash
353
403
240
223

Estimated living cost  is €175 per week

€118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€14
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€38
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
-€103
-€75
-€34
-€339
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
-
-
-
800
pensions
-
-
-
74
city
-
-
-
8
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.

-
-
-
16
health
-
-
-
2
regional
-
-
-
25
national
-
-
-
4
total
-
-
-
129
Employee
824
-
716
-
health
2
-
2
-
unemployment
-
-
-
-
city
9
-
8
-
pensions
69
-
60
-
regional
27
-
21
-
national
4
-
3
-
total
111
-
94
-
Employer
824
-
716
-
health
2
-
2
-
pensions
69
-
60
-
unemployment
-
-
-
-
other

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

16
-
14
-
total
87
-
76
-
Corporate
-
800
-
-
regional
-
169
-
-
national
-
68
-
-
total
-
237
-
-
Dividends
-
563
-
-
withholding
-
197
-
-
total
-
197
-
-
Income
800
800
800
800
Total tax
198
434
170
129
After tax
602
366
630
671
Living cost
705
705
705
705
Free-cash
-103
-339
-75
-34

Estimated living cost  is €705 per week

€458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€63
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€9
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€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
€116
€85
€201
€157
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

-
-
-
800
municipal
-
-
-
143
health
-
-
-
8
national
-
-
-
59
total
-
-
-
210
Employee
533
-
673
-
health
4
-
6
-
unemployment
8
-
10
-
pensions
36
-
45
-
national
9
-
28
-
municipal
87
-
110
-
total
144
-
199
-
Employer
533
-
673
-
health
4
-
5
-
pensions
92
-
117
-
accident
1
-
1
-
unemployment
3
-
4
-
total
100
-
127
-
Corporate
166
800
-
-
income
33
160
-
-
total
33
160
-
-
Dividends

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

100
480
-
-
municipal
18
86
-
-
national
-
8
-
-
total
18
94
-
-
Income
800
800
800
800
Total tax
295
254
326
210
After tax
505
546
474
590
Living cost
389
389
389
389
Free-cash
116
157
85
201

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
-€136
-€44
€28
€80
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
-
-
-
800
communal

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

-
-
-
41
social contributions
-
-
-
113
national
-
-
-
248
total
-
-
-
402
Employee

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

725
-
620
-
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
-
29
-
communal

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

38
-
32
-
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
-
5
-
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
-
46
-
national
223
-
182
-
total
355
-
294
-
Employer

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

725
-
620
-
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
-
38
-
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
-
55
-
surtax
82
-
70
-
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
-
8
-
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
-
9
-
total
211
-
180
-
Corporate
-
800
-
-
income
-
160
-
-
surtax
-
3
-
-
total
-
163
-
-
Dividends
-
637
-
-
withholding

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

-
187
-
-
total
-
187
-
-
Income
800
800
800
800
Total tax
566
350
474
402
After tax
234
450
326
398
Living cost
370
370
370
370
Free-cash
-136
80
-44
28

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
-€17
-€10
-€38
€0
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
-
-
-
800
unemployment
-
-
-
1
municipal
-
-
-
169
other
-
-
-
93
health
-
-
-
50
national
-
-
-
-
accident
-
-
-
2
pensions
-
-
-
86
total
-
-
-
401
Employee
623
-
609
-
national
-
-
-
-
municipal
186
-
182
-
total
186
-
182
-
Employer
623
-
609
-
health
38
-
37
-
pensions
67
-
66
-
accident
1
-
1
-
unemployment
16
-
16
-
other
72
-
71
-
total
194
-
191
-
Corporate
-
800
-
-
income
-
176
-
-
total
-
176
-
-
Dividends
-
624
-
-
withholding
-
187
-
-
total
-
187
-
-
Income
800
800
800
800
Total tax
380
363
373
401
After tax
420
437
427
399
Living cost
437
437
437
437
Free-cash
-17
-
-10
-38

Estimated living cost  is €437 per week

€290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€43
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€98
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
-€863
€172
€72
€6
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
-
-
-
800
income
-
-
-
156
social contributions
-
-
-
91
total
-
-
-
247
Employee
690
-
-
-
income
152
-
-
-
social contributions
57
-
8
-
total
209
-
8
-
Employer
690
-
-
-
social contributions
973
-
139
-
total
973
-
139
-
Corporate
-
800
-
-
income
-
176
-
-
total
-
176
-
-
Dividends
-
624
-
-
income
-
137
-
-
total
-
137
-
-
Income
800
800
800
800
Total tax
1 182
313
147
247
After tax
-382
487
653
553
Living cost
481
481
481
481
Free-cash
-863
6
172
72

Estimated living cost  is €481 per week

€312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€45
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
€216
€252
€264
€242
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
-
-
-
800
income
-
-
-
62
health
-
-
-
20
social contributions
-
-
-
125
total
-
-
-
207
Employee
779
779
779
-
health
8
13
12
-
income
82
72
74
-
social contributions
38
65
60
-
total
128
150
146
-
Employer
779
779
779
-
health
8
14
13
-
social contributions
38
65
60
-
total
46
79
73
-
Corporate
298
-
-
-
income
37
-
-
-
total
37
-
-
-
Dividends
260
-
-
-
withholding
44
-
-
-
total
44
-
-
-
Income
800
800
800
800
Total tax
255
229
219
207
After tax
545
571
581
593
Living cost
329
329
329
329
Free-cash
216
242
252
264

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
€184
€146
€234
€238
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
-
-
-
800
income
-
-
-
149
pensions
-
-
-
56
total
-
-
-
205
Employee
496
-
707
-
health
6
-
11
-
pensions
38
-
63
-
income
90
-
127
-
total
134
-
201
-
Employer
496
-
707
-
health
9
-
13
-
pensions
50
-
79
-
total
59
-
92
-
Corporate
245
800
-
-
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.

47
152
-
-
total
47
152
-
-
Dividends
198
648
-
-
withholding
15
49
-
-
total
15
49
-
-
Income
800
800
800
800
Total tax
255
201
293
205
After tax
545
599
507
595
Living cost
361
361
361
361
Free-cash
184
238
146
234

Estimated living cost  is €361 per week

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

Additional information

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

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

Rome , Italy
-€54
-€23
€16
€17
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
-
-
-
800
municipal
-
-
-
5
regional
-
-
-
14
social contributions
-
-
-
206
national
-
-
-
155
total
-
-
-
380
Employee
854
-
800
-
social contributions
288
-
270
-
regional
13
-
12
-
national
144
-
132
-
municipal
5
-
5
-
total
450
-
419
-
Employer
854
-
800
-
total
-
-
-
-
Corporate
-
800
-
-
nationa
-
192
-
-
municipal
-
39
-
-
total
-
231
-
-
Dividends
-
569
-
-
withholding
-
148
-
-
total
-
148
-
-
Income
800
800
800
800
Total tax
450
379
419
380
After tax
350
421
381
420
Living cost
404
404
404
404
Free-cash
-54
17
-23
16

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
€32
€189
€335
-€150
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
-
-
-
800
pensions
-
-
-
41
income
-
-
-
182
other
-
-
-
4
health
-
-
-
21
accident
-
-
-
2
total
-
-
-
250
Employee
338
-
665
-
health
39
-
76
-
pensions
38
-
74
-
income
46
-
112
-
total
123
-
262
-
Employer
338
-
665
-
pensions
55
-
107
-
accident
6
-
11
-
unemployment
8
-
16
-
total
69
-
134
-
Corporate
394
800
-
-
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.

354
720
-
-
total
354
720
-
-
Dividends
39
80
-
-
withholding
7
15
-
-
total
7
15
-
-
Income
800
800
800
800
Total tax
553
735
396
250
After tax
247
65
404
550
Living cost
215
215
215
215
Free-cash
32
-150
189
335

Estimated living cost  is €215 per week

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

Additional information

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

Berlin , Germany
€157
€200
€153
€22
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.

-
-
-
800
trade
-
-
-
47
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.

-
-
-
133
health

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

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

-
-
-
69
surtax

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

-
-
-
7
total
-
-
-
256
Employee

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

504
-
800
-
health

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

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

69
-
69
-
income

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

41
-
133
-
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
-
7
-
total
112
-
209
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
296
800
-
-
income
44
120
-
-
trade
42
115
-
-
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
7
-
-
chamber of commerce
2
3
-
-
total
90
245
-
-
Dividends
205
556
-
-
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.

3
7
-
-
withholding
47
135
-
-
total
50
142
-
-
Income
800
800
800
800
Total tax
252
387
209
256
After tax
548
413
591
544
Living cost
391
391
391
391
Free-cash
157
22
200
153

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
€345
€243
€219
€429
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.

-
-
-
800
income
-
-
-
113
microenterprise
-
-
-
-
social contributions

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

-
-
-
257
surtax
-
-
-
-
total
-
-
-
370
Employee
296
-
645
-
income
53
-
120
-
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
-
71
-
surtax
-
-
-
-
total
86
-
191
-
Employer
296
-
645
-
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
-
155
-
surtax
-
-
-
-
total
71
-
155
-
Corporate
433
800
-
-
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%.

87
160
-
-
total
87
160
-
-
Dividends

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

346
640
-
-
total
-
-
-
-
Income
800
800
800
800
Total tax
244
160
346
370
After tax
556
640
454
430
Living cost
211
211
211
211
Free-cash
345
429
243
219

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
€354
€313
€323
€375
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
-
-
-
800
income
-
-
-
196
health
-
-
-
66
pensions
-
-
-
91
total
-
-
-
353
Employee
190
-
698
-
health
9
-
23
-
unemployment
2
-
5
-
pensions
17
-
41
-
income
37
-
192
-
total
65
-
261
-
Employer
190
-
698
-
health
18
-
43
-
pensions
21
-
50
-
unemployment
4
-
9
-
total
43
-
102
-
Corporate
568
800
-
-
income
125
176
-
-
total
125
176
-
-
Dividends
443
624
-
-
withholding
89
125
-
-
total
89
125
-
-
Income
800
800
800
800
Total tax
322
301
363
353
After tax
478
499
437
447
Living cost
124
124
124
124
Free-cash
354
375
313
323

Estimated living cost  is €124 per week

€74
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€10
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€38
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
€241
€188
€206
€275
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
-
-
-
800
pensions
-
-
-
160
unemployment
-
-
-
2
income
-
-
-
134
other
-
-
-
-
health
-
-
-
57
surtax
-
-
-
13
total
-
-
-
366
Employee
341
-
661
-
health
9
-
17
-
unemployment
24
-
46
-
pensions
23
-
44
-
income
57
-
126
-
other
-
-
-
-
surtax
1
-
12
-
total
114
-
245
-
Employer
341
-
661
-
health
16
-
30
-
pensions
46
-
88
-
unemployment
11
-
21
-
other
-
-
-
-
total
73
-
139
-
Corporate
387
800
-
-
income
101
208
-
-
total
101
208
-
-
Dividends
286
592
-
-
withholding
43
89
-
-
total
43
89
-
-
Income
800
800
800
800
Total tax
331
297
384
366
After tax
469
503
416
434
Living cost
228
228
228
228
Free-cash
241
275
188
206

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
€127
-€52
€105
€130
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
-
-
-
800
pensions
-
-
-
148
chamber of commerce
-
-
-
3
unemployment
-
-
-
62
income
-
-
-
98
health
-
-
-
61
surtax
-
-
-
-
total
-
-
-
372
Employee
443
404
621
-
health
17
16
24
-
unemployment
13
12
19
-
pensions
45
41
64
-
income
39
30
91
-
other
4
4
6
-
total
118
103
204
-
Employer
443
404
621
-
health
17
15
23
-
pensions
56
51
78
-
surtax
-
-
-
-
accident
6
5
8
-
unemployment
13
12
19
-
chamber of commerce
2
2
2