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
£ 1400
per

Your estimated
City
free-cash

Valencia , Spain
£503
£542
£689
£648
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
-
-
-
1 400
income
-
-
-
363
accident
-
-
-
7
unemployment
-
-
-
6
pensions
-
-
-
235
other
-
-
-
1
total
-
-
-
612
Employee
331
-
1 136
-
other
-
-
1
-
income
64
-
333
-
unemployment
5
-
13
-
pensions
16
-
39
-
total
85
-
386
-
Employer
331
-
1 136
-
unemployment
18
-
46
-
pensions
78
-
196
-
other
3
-
7
-
accident
7
-
16
-
total
106
-
265
-
Corporate
964
1 400
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

145
210
-
-
total
145
210
-
-
Dividends
819
1 190
-
-
withholding
170
255
-
-
total
170
255
-
-
Income
1 400
1 400
1 400
1 400
Total tax
506
465
651
612
After tax
894
935
749
788
Living cost
246
246
246
246
Free-cash
648
689
503
542

Estimated living cost  is £246 per week

£166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£24
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.
£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
Bratislava , Slovakia
£560
£511
£791
£729
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
-
-
-
1 400
income
-
-
-
199
health
-
-
-
60
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.

-
-
-
327
other
-
-
-
65
total
-
-
-
651
Employee
325
-
1 118
-
income
56
-
215
-
health
5
-
16
-
unemployment
3
-
11
-
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.

23
-
78
-
total
87
-
320
-
Employer
325
-
1 118
-
unemployment
3
-
11
-
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.

55
-
190
-
other
16
-
56
-
accident
3
-
9
-
health
5
-
16
-
total
82
-
282
-
Corporate
993
1 400
-
-
income
209
294
-
-
total
209
294
-
-
Dividends
785
1 106
-
-
withholding
55
77
-
-
total
55
77
-
-
Income
1 400
1 400
1 400
1 400
Total tax
433
371
602
651
After tax
967
1 029
798
749
Living cost
238
238
238
238
Free-cash
729
791
560
511

Estimated living cost  is £238 per week

£168
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.
£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.
£50
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
£1044
£990
£1080
£1037
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
-
-
-
1 400
income
-
-
-
210
health
-
-
-
36
unemployment
-
-
-
1
pensions

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

-
-
-
46
total
-
-
-
293
Employee
156
-
1 339
-
income
16
-
134
-
health
7
-
14
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
pensions

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

14
-
27
-
total
39
-
178
-
Employer
156
-
1 339
-
unemployment
1
-
2
-
pensions

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

17
-
34
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
health
11
-
22
-
total
31
-
61
-
Corporate
1 214
1 400
-
-
income
121
140
-
-
total
121
140
-
-
Dividends
1 093
1 260
-
-
withholding
55
63
-
-
total
55
63
-
-
Income
1 400
1 400
1 400
1 400
Total tax
246
203
239
293
After tax
1 154
1 197
1 161
1 107
Living cost
117
117
117
117
Free-cash
1 037
1 080
1 044
990

Estimated living cost  is £117 per week

£69
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£8
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.
£37
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
£484
£486
£400
£452
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
-
-
-
1 400
income
-
-
-
205
social contributions
-
-
-
40
health
-
-
-
54
surtax
-
-
-
-
pensions
-
-
-
266
other
-
-
-
43
total
-
-
-
608
Employee
383
-
1 095
-
income
23
-
203
-
social contributions
11
-
31
-
surtax
-
-
-
-
pensions
43
-
71
-
total
77
-
305
-
Employer
383
-
1 095
-
unemployment
16
-
44
-
social contributions
1
-
3
-
pensions
63
-
121
-
other
13
-
41
-
health
27
-
96
-
total
120
-
305
-
Corporate
897
1 400
-
-
income
251
392
-
-
surtax
-
-
-
-
total
251
392
-
-
Dividends
646
1 008
-
-
withholding
83
129
-
-
surtax
-
-
-
-
social contributions
111
173
-
-
total
194
302
-
-
Income
1 400
1 400
1 400
1 400
Total tax
642
694
610
608
After tax
758
706
790
792
Living cost
306
306
306
306
Free-cash
452
400
484
486

Estimated living cost  is £306 per week

£193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
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.
£83
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
£481
£410
£316
£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
-
-
-
1 400
income
-
-
-
400
health
-
-
-
110
pensions
-
-
-
105
total
-
-
-
615
Employee
764
764
1 234
-
income

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

125
125
163
-
health
117
100
110
-
pensions
138
105
105
-
total
380
330
378
-
Employer
764
764
1 234
-
unemployment
28
28
34
-
pensions
53
53
66
-
health
53
53
66
-
total
134
134
166
-
Corporate
511
502
-
-
income
102
100
-
-
total
102
100
-
-
Dividends
409
402
-
-
withholding
61
60
-
-
income
87
85
-
-
total
148
145
-
-
Income
1 400
1 400
1 400
1 400
Total tax
764
709
544
615
After tax
636
691
856
785
Living cost
375
375
375
375
Free-cash
261
316
481
410

Estimated living cost  is £375 per week

£266
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.
£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.
£69
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
£632
£477
£436
£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

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

-
-
-
1 400
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.

-
-
-
413
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.

-
-
-
61
trade
-
-
-
155
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.

-
-
-
23
total
-
-
-
652
Employee

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

342
-
1 400
-
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.

10
-
413
-
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.

61
-
61
-
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
-
23
-
total
72
-
497
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 058
1 400
-
-
chamber of commerce
3
3
-
-
income
159
210
-
-
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.

9
12
-
-
trade
167
220
-
-
total
338
445
-
-
Dividends
721
955
-
-
withholding
177
235
-
-
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.

10
13
-
-
total
187
248
-
-
Income
1 400
1 400
1 400
1 400
Total tax
597
693
497
652
After tax
803
707
903
748
Living cost
271
271
271
271
Free-cash
532
436
632
477

Estimated living cost  is £271 per week

£171
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.
£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.
£64
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
£746
£758
£815
£766
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
-
-
-
1 400
income
-
-
-
254
social contributions
-
-
-
145
health
-
-
-
36
total
-
-
-
435
Employee
688
688
1 299
-
income
75
64
247
-
social contributions
26
57
77
-
health
5
12
22
-
total
106
133
346
-
Employer
688
688
1 299
-
social contributions
26
57
77
-
health
6
13
24
-
total
32
70
101
-
Corporate
1 055
642
-
-
income
132
80
-
-
total
132
80
-
-
Dividends
923
562
-
-
withholding
157
95
-
-
total
157
95
-
-
Income
1 400
1 400
1 400
1 400
Total tax
427
378
447
435
After tax
973
1 022
953
965
Living cost
207
207
207
207
Free-cash
766
815
746
758

Estimated living cost  is £207 per week

£124
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.
£58
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
£374
£475
£515
£506
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.

-
-
-
1 400
income
-
-
-
157
social contributions

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

-
-
-
487
surtax
-
-
-
-
total
-
-
-
644
Employee
412
-
1 131
-
income
86
-
352
-
social contributions
45
-
124
-
surtax
-
-
-
-
total
131
-
476
-
Employer
412
-
1 131
-
social contributions
98
-
269
-
total
98
-
269
-
Corporate
891
1 400
-
-
income
187
294
-
-
surtax
-
-
-
-
total
187
294
-
-
Dividends
704
1 106
-
-
withholding
197
310
-
-
total
197
310
-
-
Income
1 400
1 400
1 400
1 400
Total tax
613
604
745
644
After tax
787
796
655
756
Living cost
281
281
281
281
Free-cash
506
515
374
475

Estimated living cost  is £281 per week

£210
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.
£49
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
£1056
£1322
£1266
£1254
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%.

-
-
-
1 400
microenterprise

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

-
-
-
14
total
-
-
-
14
Employee
80
-
1 400
-
income
16
-
280
-
total
16
-
280
-
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%.

1 320
1 400
-
-
total
-
-
-
-
Dividends
1 320
1 400
-
-
withholding
66
70
-
-
total
66
70
-
-
Income
1 400
1 400
1 400
1 400
Total tax
82
70
280
14
After tax
1 318
1 330
1 120
1 386
Living cost
64
64
64
64
Free-cash
1 254
1 266
1 056
1 322

Estimated living cost  is £64 per week

£40
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.
£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.
£17
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
£415
£452
£724
£649
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.

-
-
-
1 400
income
-
-
-
312
health
-
-
-
138
unemployment
-
-
-
2
pensions
-
-
-
256
total
-
-
-
708
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.

396
-
1 211
-
income
68
-
288
-
health
26
-
78
-
unemployment
1
-
2
-
pensions
61
-
188
-
total
156
-
556
-
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.

396
-
1 211
-
unemployment
-
-
1
-
pensions
35
-
107
-
health
26
-
81
-
total
61
-
189
-
Corporate
943
1 400
-
-
income
179
266
-
-
total
179
266
-
-
Dividends
764
1 134
-
-
withholding
115
170
-
-
total
115
170
-
-
Income
1 400
1 400
1 400
1 400
Total tax
511
436
745
708
After tax
889
964
655
692
Living cost
240
240
240
240
Free-cash
649
724
415
452

Estimated living cost  is £240 per week

£165
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.
£55
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
£682
£762
£538
£569
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.

-
-
-
1 400
income
-
-
-
255
health

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

-
-
-
58
total
-
-
-
313
Employee
411
-
1 359
-
social contributions
41
-
41
-
income
45
-
311
-
total
86
-
352
-
Employer
411
-
1 359
-
social contributions
41
-
41
-
total
41
-
41
-
Corporate
948
1 400
-
-
income
332
490
-
-
total
332
490
-
-
Dividends
616
910
-
-
social contributions
47
47
-
-
total
47
47
-
-
Income
1 400
1 400
1 400
1 400
Total tax
506
537
393
313
After tax
894
863
1 007
1 087
Living cost
325
325
325
325
Free-cash
569
538
682
762

Estimated living cost  is £325 per week

£214
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.
£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.
£80
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
£685
£709
£663
£668
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
-
-
-
1 400
income
-
-
-
210
social contributions
-
-
-
193
health
-
-
-
98
total
-
-
-
501
Employee
303
-
1 400
-
income
51
-
234
-
social contributions
42
-
193
-
health
21
-
98
-
total
114
-
525
-
Employer
303
-
1 400
-
total
-
-
-
-
Corporate
1 097
1 400
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

55
70
-
-
total
55
70
-
-
Dividends
1 042
1 330
-
-
withholding
156
200
-
-
health
73
93
-
-
social contributions
144
184
-
-
total
373
477
-
-
Income
1 400
1 400
1 400
1 400
Total tax
542
547
525
501
After tax
858
853
875
899
Living cost
190
190
190
190
Free-cash
668
663
685
709

Estimated living cost  is £190 per week

£127
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.
£47
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
£484
£546
£721
£635
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
-
-
-
1 400
income
-
-
-
139
social contributions
-
-
-
283
solidarity contribution
-
-
-
-
health
-
-
-
189
total
-
-
-
611
Employee
357
-
1 062
-
solidarity contribution
-
-
-
-
income
43
-
128
-
social contributions
23
-
63
-
health
48
-
143
-
total
114
-
334
-
Employer
357
-
1 062
-
social contributions
89
-
243
-
health
32
-
96
-
total
121
-
339
-
Corporate
922
1 400
-
-
income
175
266
-
-
total
175
266
-
-
Dividends
747
1 134
-
-
withholding
112
170
-
-
total
112
170
-
-
Income
1 400
1 400
1 400
1 400
Total tax
522
436
673
611
After tax
878
964
727
789
Living cost
243
243
243
243
Free-cash
635
721
484
546

Estimated living cost  is £243 per week

£180
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.
£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.
£45
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
£1020
£1286
£1230
£1211
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%.

-
-
-
1 400
microenterprise

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

-
-
-
14
total
-
-
-
14
Employee
125
-
1 400
-
income
25
-
280
-
total
25
-
280
-
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%.

1 275
1 400
-
-
total
-
-
-
-
Dividends
1 275
1 400
-
-
withholding
64
70
-
-
total
64
70
-
-
Income
1 400
1 400
1 400
1 400
Total tax
89
70
280
14
After tax
1 311
1 330
1 120
1 386
Living cost
100
100
100
100
Free-cash
1 211
1 230
1 020
1 286

Estimated living cost  is £100 per week

£68
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£4
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.
£25
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
£358
£360
£274
£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
-
-
-
1 400
income
-
-
-
205
social contributions
-
-
-
40
health
-
-
-
54
surtax
-
-
-
-
pensions
-
-
-
266
other
-
-
-
43
total
-
-
-
608
Employee
561
-
1 095
-
income
49
-
203
-
social contributions
16
-
31
-
surtax
-
-
-
-
pensions
63
-
71
-
total
128
-
305
-
Employer
561
-
1 095
-
unemployment
23
-
44
-
social contributions
2
-
3
-
pensions
92
-
121
-
other
19
-
41
-
health
39
-
96
-
total
175
-
305
-
Corporate
664
1 400
-
-
income
186
392
-
-
surtax
-
-
-
-
total
186
392
-
-
Dividends
478
1 008
-
-
withholding
61
129
-
-
surtax
-
-
-
-
social contributions
82
173
-
-
total
143
302
-
-
Income
1 400
1 400
1 400
1 400
Total tax
632
694
610
608
After tax
768
706
790
792
Living cost
432
432
432
432
Free-cash
336
274
358
360

Estimated living cost  is £432 per week

£293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£35
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.
£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
Belgrade , Serbia
£684
£684
£857
£812
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.

-
-
-
1 400
income
-
-
-
313
health
-
-
-
68
unemployment
-
-
-
10
pensions
-
-
-
171
total
-
-
-
562
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.

233
-
1 282
-
income
32
-
313
-
health
12
-
34
-
unemployment
2
-
5
-
pensions
33
-
92
-
total
79
-
444
-
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.

233
-
1 282
-
unemployment
2
-
5
-
pensions
28
-
79
-
health
12
-
34
-
total
42
-
118
-
Corporate
1 126
1 400
-
-
income
169
210
-
-
total
169
210
-
-
Dividends
957
1 190
-
-
withholding
144
179
-
-
total
144
179
-
-
Income
1 400
1 400
1 400
1 400
Total tax
434
389
562
562
After tax
966
1 011
838
838
Living cost
154
154
154
154
Free-cash
812
857
684
684

Estimated living cost  is £154 per week

£104
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.
£34
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
£445
£510
£15
£282
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
-
-
-
1 400
regional
-
-
-
68
national
-
-
-
22
health
-
-
-
3
city
-
-
-
15
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.

-
-
-
28
pensions
-
-
-
129
total
-
-
-
265
Employee
731
-
1 253
-
regional
24
-
59
-
city
8
-
13
-
health
2
-
3
-
unemployment
-
-
-
-
national
3
-
17
-
pensions
61
-
105
-
total
98
-
197
-
Employer
731
-
1 253
-
unemployment
-
-
-
-
pensions
61
-
105
-
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.

15
-
25
-
health
2
-
3
-
total
78
-
133
-
Corporate
583
1 400
-
-
regional
123
296
-
-
national
50
119
-
-
total
173
415
-
-
Dividends
410
985
-
-
withholding
144
345
-
-
total
144
345
-
-
Income
1 400
1 400
1 400
1 400
Total tax
493
760
330
265
After tax
907
640
1 070
1 135
Living cost
625
625
625
625
Free-cash
282
15
445
510

Estimated living cost  is £625 per week

£406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£56
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£8
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.
£155
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
£402
£584
£544
£561
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

-
-
-
1 400
municipal
-
-
-
249
national
-
-
-
205
health
-
-
-
18
total
-
-
-
472
Employee
471
-
1 178
-
health
4
-
14
-
unemployment
7
-
18
-
national
8
-
129
-
municipal
77
-
192
-
pensions
32
-
79
-
total
128
-
432
-
Employer
471
-
1 178
-
unemployment
3
-
8
-
pensions
82
-
204
-
accident
-
-
1
-
health
4
-
9
-
total
89
-
222
-
Corporate
840
1 400
-
-
income
168
280
-
-
total
168
280
-
-
Dividends

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

504
840
-
-
national
19
81
-
-
municipal
91
151
-
-
total
110
232
-
-
Income
1 400
1 400
1 400
1 400
Total tax
495
512
654
472
After tax
905
888
746
928
Living cost
344
344
344
344
Free-cash
561
544
402
584

Estimated living cost  is £344 per week

£224
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.
£81
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
£177
£282
£457
£323
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
-
-
-
1 400
national
-
-
-
503
social contributions
-
-
-
218
communal

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

-
-
-
71
total
-
-
-
792
Employee

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

640
-
1 084
-
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.

30
-
51
-
communal

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

33
-
57
-
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
-
9
-
national
197
-
383
-
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.

48
-
81
-
total
314
-
581
-
Employer

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

640
-
1 084
-
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.

9
-
16
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

57
-
96
-
surtax
73
-
123
-
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.

8
-
14
-
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.

39
-
67
-
total
186
-
316
-
Corporate
573
1 400
-
-
income
115
280
-
-
surtax
2
6
-
-
total
117
286
-
-
Dividends
456
1 114
-
-
withholding

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

134
331
-
-
total
134
331
-
-
Income
1 400
1 400
1 400
1 400
Total tax
751
617
897
792
After tax
649
783
503
608
Living cost
326
326
326
326
Free-cash
323
457
177
282

Estimated living cost  is £326 per week

£210
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.
£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.
£82
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
£357
£365
£397
£388
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
-
-
-
1 400
municipal
-
-
-
348
national
-
-
-
87
health
-
-
-
50
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
87
other
-
-
-
93
total
-
-
-
668
Employee
523
-
1 147
-
national
-
-
82
-
municipal
156
-
342
-
total
156
-
424
-
Employer
523
-
1 147
-
unemployment
14
-
21
-
pensions
57
-
87
-
other
61
-
93
-
accident
1
-
2
-
health
32
-
49
-
total
165
-
252
-
Corporate
713
1 400
-
-
income
157
308
-
-
total
157
308
-
-
Dividends
556
1 092
-
-
withholding
167
328
-
-
total
167
328
-
-
Income
1 400
1 400
1 400
1 400
Total tax
645
636
676
668
After tax
755
764
724
732
Living cost
367
367
367
367
Free-cash
388
397
357
365

Estimated living cost  is £367 per week

£243
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.
£82
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
£878
£567
£452
£9
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
-
-
-
1 400
income
-
-
-
273
social contributions
-
-
-
160
total
-
-
-
433
Employee
574
-
-
-
income
127
-
-
-
social contributions
47
-
7
-
total
174
-
7
-
Employer
574
-
-
-
social contributions
810
-
115
-
total
810
-
115
-
Corporate
16
1 400
-
-
income
4
308
-
-
total
4
308
-
-
Dividends
13
1 092
-
-
income
3
240
-
-
total
3
240
-
-
Income
1 400
1 400
1 400
1 400
Total tax
991
548
122
433
After tax
409
852
1 278
967
Living cost
400
400
400
400
Free-cash
9
452
878
567

Estimated living cost  is £400 per week

£260
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.
£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.
£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
Limassol , Cyprus
£663
£675
£732
£696
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
-
-
-
1 400
income
-
-
-
254
social contributions
-
-
-
145
health
-
-
-
36
total
-
-
-
435
Employee
688
688
1 299
-
income
72
64
247
-
social contributions
33
57
77
-
health
7
12
22
-
total
112
133
346
-
Employer
688
688
1 299
-
social contributions
33
57
77
-
health
7
13
24
-
total
40
70
101
-
Corporate
956
642
-
-
income
120
80
-
-
total
120
80
-
-
Dividends
837
562
-
-
withholding
142
95
-
-
total
142
95
-
-
Income
1 400
1 400
1 400
1 400
Total tax
414
378
447
435
After tax
986
1 022
953
965
Living cost
290
290
290
290
Free-cash
696
732
663
675

Estimated living cost  is £290 per week

£198
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.
£64
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
£489
£615
£607
£660
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
-
-
-
1 400
income
-
-
-
385
pensions
-
-
-
76
total
-
-
-
461
Employee
445
-
1 224
-
income
81
-
300
-
health
6
-
18
-
pensions
34
-
94
-
total
121
-
412
-
Employer
445
-
1 224
-
pensions
45
-
152
-
health
8
-
23
-
total
53
-
175
-
Corporate
901
1 400
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

171
266
-
-
total
171
266
-
-
Dividends
730
1 134
-
-
withholding
71
203
-
-
total
71
203
-
-
Income
1 400
1 400
1 400
1 400
Total tax
416
469
587
461
After tax
984
931
813
939
Living cost
324
324
324
324
Free-cash
660
607
489
615

Estimated living cost  is £324 per week

£222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£30
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.
£68
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
£245
£306
£381
£340
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
-
-
-
1 400
municipal
-
-
-
9
regional
-
-
-
32
national
-
-
-
336
social contributions
-
-
-
360
total
-
-
-
737
Employee
754
-
1 400
-
regional
11
-
28
-
social contributions
254
-
472
-
national
127
-
290
-
municipal
5
-
8
-
total
397
-
798
-
Employer
754
-
1 400
-
total
-
-
-
-
Corporate
646
1 400
-
-
nationa
155
336
-
-
municipal
31
67
-
-
total
186
403
-
-
Dividends
460
997
-
-
withholding
120
259
-
-
total
120
259
-
-
Income
1 400
1 400
1 400
1 400
Total tax
703
662
798
737
After tax
697
738
602
663
Living cost
357
357
357
357
Free-cash
340
381
245
306

Estimated living cost  is £357 per week

£250
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
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 Source
Gdansk , Poland
£574
£774
-£71
£85
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
-
-
-
1 400
income
-
-
-
384
health
-
-
-
18
accident
-
-
-
2
pensions
-
-
-
35
other
-
-
-
3
total
-
-
-
442
Employee
290
-
1 256
-
income
40
-
290
-
health
33
-
144
-
pensions
33
-
64
-
total
106
-
498
-
Employer
290
-
1 256
-
unemployment
7
-
31
-
pensions
47
-
92
-
accident
5
-
21
-
total
59
-
144
-
Corporate
1 051
1 400
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

946
1 260
-
-
total
946
1 260
-
-
Dividends
105
140
-
-
withholding
20
27
-
-
total
20
27
-
-
Income
1 400
1 400
1 400
1 400
Total tax
1 131
1 287
642
442
After tax
269
113
758
958
Living cost
184
184
184
184
Free-cash
85
-71
574
774

Estimated living cost  is £184 per week

£135
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.
£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.
£35
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
£557
£416
£375
£491
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.

-
-
-
1 400
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.

-
-
-
413
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.

-
-
-
61
trade
-
-
-
141
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.

-
-
-
23
total
-
-
-
638
Employee

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

445
-
1 400
-
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.

37
-
413
-
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.

61
-
61
-
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
-
23
-
total
100
-
497
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
955
1 400
-
-
chamber of commerce
3
3
-
-
income
143
210
-
-
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.

8
12
-
-
trade
137
201
-
-
total
291
426
-
-
Dividends
664
974
-
-
withholding
163
240
-
-
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.

9
13
-
-
total
172
253
-
-
Income
1 400
1 400
1 400
1 400
Total tax
563
679
497
638
After tax
837
721
903
762
Living cost
346
346
346
346
Free-cash
491
375
557
416

Estimated living cost  is £346 per week

£238
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.
£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 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
£659
£281
£934
£860
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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.

-
-
-
1 400
microenterprise
-
-
-
-
income
-
-
-
233
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.

-
-
-
343
surtax
-
-
-
357
total
-
-
-
933
Employee
262
-
1 016
-
income
47
-
198
-
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.

29
-
112
-
surtax
-
-
-
-
total
76
-
310
-
Employer
262
-
1 016
-
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.

63
-
245
-
surtax
-
-
-
-
total
63
-
245
-
Corporate
1 075
1 400
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

215
280
-
-
total
215
280
-
-
Dividends

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

860
1 120
-
-
total
-
-
-
-
Income
1 400
1 400
1 400
1 400
Total tax
354
280
555
933
After tax
1 046
1 120
845
467
Living cost
186
186
186
186
Free-cash
860
934
659
281

Estimated living cost  is £186 per week

£119
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.
£45
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
£718
£726
£758
£738
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
-
-
-
1 400
income
-
-
-
412
health
-
-
-
61
pensions
-
-
-
85
total
-
-
-
558
Employee
177
-
1 305
-
income
34
-
408
-
health
9
-
21
-
unemployment
2
-
4
-
pensions
16
-
38
-
total
61
-
471
-
Employer
177
-
1 305
-
unemployment
4
-
8
-
pensions
19
-
47
-
health
17
-
40
-
total
40
-
95
-
Corporate
1 184
1 400
-
-
income
260
308
-
-
total
260
308
-
-
Dividends
923
1 092
-
-
withholding
185
218
-
-
total
185
218
-
-
Income
1 400
1 400
1 400
1 400
Total tax
546
526
566
558
After tax
854
874
834
842
Living cost
116
116
116
116
Free-cash
738
758
718
726

Estimated living cost  is £116 per week

£69
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.
£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.
£35
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
£413
£463
£680
£650
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
-
-
-
1 400
income
-
-
-
358
health
-
-
-
85
unemployment
-
-
-
2
surtax
-
-
-
52
pensions
-
-
-
239
other
-
-
-
-
total
-
-
-
736
Employee
301
-
1 157
-
other
-
-
-
-
income
51
-
311
-
health
8
-
29
-
unemployment
21
-
81
-
surtax
1
-
44
-
pensions
20
-
77
-
total
101
-
542
-
Employer
301
-
1 157
-
unemployment
10
-
37
-
pensions
40
-
154
-
other
-
-
-
-
health
14
-
53
-
total
64
-
244
-
Corporate
1 035
1 400
-
-
income
269
364
-
-
total
269
364
-
-
Dividends
766
1 036
-
-
withholding
115
155
-
-
total
115
155
-
-
Income
1 400
1 400
1 400
1 400
Total tax
549
519
786
736
After tax
851
881
614
664
Living cost
201
201
201
201
Free-cash
650
680
413
463

Estimated living cost  is £201 per week

£121
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.
£58
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
£82
£434
£490
£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
-
-
-
1 400
income
-
-
-
346
chamber of commerce
-
-
-
6
health
-
-
-
80
unemployment
-
-
-
55
surtax
-
-
-
-
pensions
-
-
-
193
total
-
-
-
680
Employee
391
357
1 095
-
other
4
4
10
-
income
35
26
274
-
health
15
14
40
-
unemployment
12
11
31
-
pensions
40
37
107
-
total
106
92
462
-
Employer
391
357
1 095
-
unemployment
12
11
31
-
chamber of commerce
2
1
4
-
pensions
49
45
131
-
payroll
12
11
33