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
£ 1500
per

Your estimated
City
free-cash

Valencia , Spain
£558
£597
£755
£714
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
-
-
-
1 500
income
-
-
-
408
accident
-
-
-
7
unemployment
-
-
-
6
pensions
-
-
-
235
other
-
-
-
1
total
-
-
-
657
Employee
331
-
1 236
-
other
-
-
1
-
income
64
-
378
-
unemployment
5
-
13
-
pensions
16
-
39
-
total
85
-
431
-
Employer
331
-
1 236
-
unemployment
18
-
46
-
pensions
78
-
196
-
other
3
-
7
-
accident
7
-
16
-
total
106
-
265
-
Corporate
1 064
1 500
-
-
income

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

160
225
-
-
total
160
225
-
-
Dividends
904
1 275
-
-
withholding
189
274
-
-
total
189
274
-
-
Income
1 500
1 500
1 500
1 500
Total tax
540
499
696
657
After tax
960
1 001
804
843
Living cost
246
246
246
246
Free-cash
714
755
558
597

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
£612
£586
£864
£803
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
-
-
-
1 500
income
-
-
-
224
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
-
-
-
676
Employee
325
-
1 198
-
income
56
-
234
-
health
5
-
17
-
unemployment
3
-
12
-
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
-
84
-
total
87
-
347
-
Employer
325
-
1 198
-
unemployment
3
-
12
-
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
-
204
-
other
16
-
60
-
accident
3
-
10
-
health
5
-
17
-
total
82
-
303
-
Corporate
1 093
1 500
-
-
income
230
315
-
-
total
230
315
-
-
Dividends
864
1 185
-
-
withholding
60
83
-
-
total
60
83
-
-
Income
1 500
1 500
1 500
1 500
Total tax
459
398
650
676
After tax
1 041
1 102
850
824
Living cost
238
238
238
238
Free-cash
803
864
612
586

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
£1134
£1075
£1165
£1123
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
-
-
-
1 500
income
-
-
-
225
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
-
-
-
308
Employee
156
-
1 439
-
income
16
-
144
-
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
-
188
-
Employer
156
-
1 439
-
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
1 314
1 500
-
-
income
131
150
-
-
total
131
150
-
-
Dividends
1 183
1 350
-
-
withholding
59
68
-
-
total
59
68
-
-
Income
1 500
1 500
1 500
1 500
Total tax
260
218
249
308
After tax
1 240
1 282
1 251
1 192
Living cost
117
117
117
117
Free-cash
1 123
1 165
1 134
1 075

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
£527
£540
£450
£502
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
-
-
-
1 500
income
-
-
-
228
social contributions
-
-
-
43
health
-
-
-
61
surtax
-
-
-
-
pensions
-
-
-
275
other
-
-
-
47
total
-
-
-
654
Employee
383
-
1 167
-
income
23
-
222
-
social contributions
11
-
33
-
surtax
-
-
-
-
pensions
43
-
79
-
total
77
-
334
-
Employer
383
-
1 167
-
unemployment
16
-
47
-
social contributions
1
-
3
-
pensions
63
-
133
-
other
13
-
45
-
health
27
-
105
-
total
120
-
333
-
Corporate
997
1 500
-
-
income
279
420
-
-
surtax
-
-
-
-
total
279
420
-
-
Dividends
718
1 080
-
-
withholding
92
138
-
-
surtax
-
-
-
-
social contributions
124
186
-
-
total
216
324
-
-
Income
1 500
1 500
1 500
1 500
Total tax
692
744
667
654
After tax
808
756
833
846
Living cost
306
306
306
306
Free-cash
502
450
527
540

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
£554
£459
£367
£312
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
-
-
-
1 500
income
-
-
-
451
health
-
-
-
110
pensions
-
-
-
105
total
-
-
-
666
Employee
764
764
1 334
-
income

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

125
125
190
-
health
117
100
110
-
pensions
138
105
105
-
total
380
330
405
-
Employer
764
764
1 334
-
unemployment
28
28
34
-
pensions
53
53
66
-
health
53
53
66
-
total
134
134
166
-
Corporate
611
602
-
-
income
122
120
-
-
total
122
120
-
-
Dividends
489
482
-
-
withholding
73
72
-
-
income
104
102
-
-
total
177
174
-
-
Income
1 500
1 500
1 500
1 500
Total tax
813
758
571
666
After tax
687
742
929
834
Living cost
375
375
375
375
Free-cash
312
367
554
459

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
£688
£517
£486
£583
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.

-
-
-
1 500
income

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

-
-
-
455
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
-
-
-
171
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.

-
-
-
25
total
-
-
-
712
Employee

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

342
-
1 500
-
income

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

10
-
455
-
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
-
25
-
total
72
-
541
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 158
1 500
-
-
chamber of commerce
3
4
-
-
income
174
225
-
-
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
12
-
-
trade
182
236
-
-
total
369
477
-
-
Dividends
789
1 023
-
-
withholding
194
252
-
-
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.

11
14
-
-
total
205
266
-
-
Income
1 500
1 500
1 500
1 500
Total tax
646
743
541
712
After tax
854
757
959
788
Living cost
271
271
271
271
Free-cash
583
486
688
517

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
£808
£822
£887
£839
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
-
-
-
1 500
income
-
-
-
288
social contributions
-
-
-
145
health
-
-
-
38
total
-
-
-
471
Employee
688
688
1 397
-
income
75
64
281
-
social contributions
26
57
77
-
health
5
12
24
-
total
106
133
382
-
Employer
688
688
1 397
-
social contributions
26
57
77
-
health
6
13
26
-
total
32
70
103
-
Corporate
1 155
742
-
-
income
144
93
-
-
total
144
93
-
-
Dividends
1 010
649
-
-
withholding
172
110
-
-
total
172
110
-
-
Income
1 500
1 500
1 500
1 500
Total tax
454
406
485
471
After tax
1 046
1 094
1 015
1 029
Living cost
207
207
207
207
Free-cash
839
887
808
822

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
£414
£526
£572
£563
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.

-
-
-
1 500
income
-
-
-
172
social contributions

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

-
-
-
521
surtax
-
-
-
-
total
-
-
-
693
Employee
412
-
1 212
-
income
86
-
384
-
social contributions
45
-
133
-
surtax
-
-
-
-
total
131
-
517
-
Employer
412
-
1 212
-
social contributions
98
-
288
-
total
98
-
288
-
Corporate
991
1 500
-
-
income
208
315
-
-
surtax
-
-
-
-
total
208
315
-
-
Dividends
783
1 185
-
-
withholding
219
332
-
-
total
219
332
-
-
Income
1 500
1 500
1 500
1 500
Total tax
656
647
805
693
After tax
844
853
695
807
Living cost
281
281
281
281
Free-cash
563
572
414
526

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
£1136
£1421
£1361
£1349
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%.

-
-
-
1 500
microenterprise

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

-
-
-
15
total
-
-
-
15
Employee
80
-
1 500
-
income
16
-
300
-
total
16
-
300
-
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%.

1 420
1 500
-
-
total
-
-
-
-
Dividends
1 420
1 500
-
-
withholding
71
75
-
-
total
71
75
-
-
Income
1 500
1 500
1 500
1 500
Total tax
87
75
300
15
After tax
1 413
1 425
1 200
1 485
Living cost
64
64
64
64
Free-cash
1 349
1 361
1 136
1 421

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
£457
£496
£793
£718
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.

-
-
-
1 500
income
-
-
-
340
health
-
-
-
148
unemployment
-
-
-
2
pensions
-
-
-
274
total
-
-
-
764
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
-
1 298
-
income
68
-
314
-
health
26
-
84
-
unemployment
1
-
2
-
pensions
61
-
201
-
total
156
-
601
-
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
-
1 298
-
unemployment
-
-
1
-
pensions
35
-
115
-
health
26
-
86
-
total
61
-
202
-
Corporate
1 043
1 500
-
-
income
198
285
-
-
total
198
285
-
-
Dividends
845
1 215
-
-
withholding
127
182
-
-
total
127
182
-
-
Income
1 500
1 500
1 500
1 500
Total tax
542
467
803
764
After tax
958
1 033
697
736
Living cost
240
240
240
240
Free-cash
718
793
457
496

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
£747
£862
£603
£634
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.

-
-
-
1 500
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
-
1 459
-
social contributions
41
-
41
-
income
45
-
346
-
total
86
-
387
-
Employer
411
-
1 459
-
social contributions
41
-
41
-
total
41
-
41
-
Corporate
1 048
1 500
-
-
income
367
525
-
-
total
367
525
-
-
Dividends
681
975
-
-
social contributions
47
47
-
-
total
47
47
-
-
Income
1 500
1 500
1 500
1 500
Total tax
541
572
428
313
After tax
959
928
1 072
1 187
Living cost
325
325
325
325
Free-cash
634
603
747
862

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
£744
£773
£725
£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
-
-
-
1 500
income
-
-
-
225
social contributions
-
-
-
207
health
-
-
-
105
total
-
-
-
537
Employee
303
-
1 500
-
income
51
-
254
-
social contributions
42
-
207
-
health
21
-
105
-
total
114
-
566
-
Employer
303
-
1 500
-
total
-
-
-
-
Corporate
1 197
1 500
-
-
income

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

60
75
-
-
total
60
75
-
-
Dividends
1 137
1 425
-
-
withholding
171
214
-
-
health
79
99
-
-
social contributions
157
197
-
-
total
407
510
-
-
Income
1 500
1 500
1 500
1 500
Total tax
581
585
566
537
After tax
919
915
934
963
Living cost
190
190
190
190
Free-cash
729
725
744
773

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
£551
£617
£790
£704
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
-
-
-
1 500
income
-
-
-
152
social contributions
-
-
-
283
solidarity contribution
-
-
-
3
health
-
-
-
202
total
-
-
-
640
Employee
357
-
1 154
-
solidarity contribution
-
-
-
-
income
43
-
140
-
social contributions
23
-
63
-
health
48
-
156
-
total
114
-
359
-
Employer
357
-
1 154
-
social contributions
89
-
243
-
health
32
-
104
-
total
121
-
347
-
Corporate
1 022
1 500
-
-
income
194
285
-
-
total
194
285
-
-
Dividends
828
1 215
-
-
withholding
124
182
-
-
total
124
182
-
-
Income
1 500
1 500
1 500
1 500
Total tax
553
467
706
640
After tax
947
1 033
794
860
Living cost
243
243
243
243
Free-cash
704
790
551
617

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
£1100
£1385
£1325
£1306
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%.

-
-
-
1 500
microenterprise

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

-
-
-
15
total
-
-
-
15
Employee
125
-
1 500
-
income
25
-
300
-
total
25
-
300
-
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%.

1 375
1 500
-
-
total
-
-
-
-
Dividends
1 375
1 500
-
-
withholding
69
75
-
-
total
69
75
-
-
Income
1 500
1 500
1 500
1 500
Total tax
94
75
300
15
After tax
1 406
1 425
1 200
1 485
Living cost
100
100
100
100
Free-cash
1 306
1 325
1 100
1 385

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
£401
£414
£324
£386
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
-
-
-
1 500
income
-
-
-
228
social contributions
-
-
-
43
health
-
-
-
61
surtax
-
-
-
-
pensions
-
-
-
275
other
-
-
-
47
total
-
-
-
654
Employee
561
-
1 167
-
income
49
-
222
-
social contributions
16
-
33
-
surtax
-
-
-
-
pensions
63
-
79
-
total
128
-
334
-
Employer
561
-
1 167
-
unemployment
23
-
47
-
social contributions
2
-
3
-
pensions
92
-
133
-
other
19
-
45
-
health
39
-
105
-
total
175
-
333
-
Corporate
764
1 500
-
-
income
214
420
-
-
surtax
-
-
-
-
total
214
420
-
-
Dividends
550
1 080
-
-
withholding
70
138
-
-
surtax
-
-
-
-
social contributions
95
186
-
-
total
165
324
-
-
Income
1 500
1 500
1 500
1 500
Total tax
682
744
667
654
After tax
818
756
833
846
Living cost
432
432
432
432
Free-cash
386
324
401
414

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
£759
£759
£930
£885
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.

-
-
-
1 500
income
-
-
-
338
health
-
-
-
68
unemployment
-
-
-
10
pensions
-
-
-
171
total
-
-
-
587
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
-
1 382
-
income
32
-
338
-
health
12
-
34
-
unemployment
2
-
5
-
pensions
33
-
92
-
total
79
-
469
-
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
-
1 382
-
unemployment
2
-
5
-
pensions
28
-
79
-
health
12
-
34
-
total
42
-
118
-
Corporate
1 226
1 500
-
-
income
184
225
-
-
total
184
225
-
-
Dividends
1 042
1 275
-
-
withholding
156
191
-
-
total
156
191
-
-
Income
1 500
1 500
1 500
1 500
Total tax
461
416
587
587
After tax
1 039
1 084
913
913
Living cost
154
154
154
154
Free-cash
885
930
759
759

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
£516
£584
£61
£328
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
-
-
-
1 500
regional
-
-
-
76
national
-
-
-
28
health
-
-
-
3
city
-
-
-
16
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.

-
-
-
30
pensions
-
-
-
138
total
-
-
-
291
Employee
731
-
1 343
-
regional
24
-
66
-
city
8
-
14
-
health
2
-
3
-
unemployment
-
-
-
-
national
3
-
20
-
pensions
61
-
113
-
total
98
-
216
-
Employer
731
-
1 343
-
unemployment
-
-
-
-
pensions
61
-
113
-
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
-
27
-
health
2
-
3
-
total
78
-
143
-
Corporate
683
1 500
-
-
regional
145
317
-
-
national
58
128
-
-
total
203
445
-
-
Dividends
481
1 055
-
-
withholding
168
369
-
-
total
168
369
-
-
Income
1 500
1 500
1 500
1 500
Total tax
547
814
359
291
After tax
953
686
1 141
1 209
Living cost
625
625
625
625
Free-cash
328
61
516
584

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
£447
£634
£601
£620
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

-
-
-
1 500
municipal
-
-
-
267
national
-
-
-
236
health
-
-
-
19
total
-
-
-
522
Employee
471
-
1 262
-
health
4
-
16
-
unemployment
7
-
19
-
national
8
-
145
-
municipal
77
-
206
-
pensions
32
-
85
-
total
128
-
471
-
Employer
471
-
1 262
-
unemployment
3
-
8
-
pensions
82
-
219
-
accident
-
-
1
-
health
4
-
10
-
total
89
-
238
-
Corporate
940
1 500
-
-
income
188
300
-
-
total
188
300
-
-
Dividends

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

564
900
-
-
national
29
93
-
-
municipal
102
162
-
-
total
131
255
-
-
Income
1 500
1 500
1 500
1 500
Total tax
536
555
709
522
After tax
964
945
791
978
Living cost
344
344
344
344
Free-cash
620
601
447
634

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
£206
£324
£513
£378
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
-
-
-
1 500
national
-
-
-
550
social contributions
-
-
-
223
communal

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

-
-
-
77
total
-
-
-
850
Employee

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

640
-
1 162
-
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
-
55
-
communal

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

33
-
61
-
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
-
10
-
national
197
-
417
-
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
-
87
-
total
314
-
630
-
Employer

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

640
-
1 162
-
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
-
17
-
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
-
103
-
surtax
73
-
132
-
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
-
15
-
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
-
71
-
total
186
-
338
-
Corporate
673
1 500
-
-
income
135
300
-
-
surtax
3
6
-
-
total
138
306
-
-
Dividends
536
1 194
-
-
withholding

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

158
355
-
-
total
158
355
-
-
Income
1 500
1 500
1 500
1 500
Total tax
796
661
968
850
After tax
704
839
532
650
Living cost
326
326
326
326
Free-cash
378
513
206
324

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
£402
£410
£452
£443
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
-
-
-
1 500
municipal
-
-
-
378
national
-
-
-
112
health
-
-
-
50
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
87
other
-
-
-
93
total
-
-
-
723
Employee
523
-
1 247
-
national
-
-
107
-
municipal
156
-
372
-
total
156
-
479
-
Employer
523
-
1 247
-
unemployment
14
-
21
-
pensions
57
-
87
-
other
61
-
93
-
accident
1
-
2
-
health
32
-
49
-
total
165
-
252
-
Corporate
813
1 500
-
-
income
179
330
-
-
total
179
330
-
-
Dividends
634
1 170
-
-
withholding
190
351
-
-
total
190
351
-
-
Income
1 500
1 500
1 500
1 500
Total tax
690
681
731
723
After tax
810
819
769
777
Living cost
367
367
367
367
Free-cash
443
452
402
410

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
£978
£637
£513
£70
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
-
-
-
1 500
income
-
-
-
292
social contributions
-
-
-
171
total
-
-
-
463
Employee
574
-
-
-
income
127
-
-
-
social contributions
47
-
7
-
total
174
-
7
-
Employer
574
-
-
-
social contributions
810
-
115
-
total
810
-
115
-
Corporate
116
1 500
-
-
income
26
330
-
-
total
26
330
-
-
Dividends
91
1 170
-
-
income
20
257
-
-
total
20
257
-
-
Income
1 500
1 500
1 500
1 500
Total tax
1 030
587
122
463
After tax
470
913
1 378
1 037
Living cost
400
400
400
400
Free-cash
70
513
978
637

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
£725
£739
£804
£769
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
-
-
-
1 500
income
-
-
-
288
social contributions
-
-
-
145
health
-
-
-
38
total
-
-
-
471
Employee
688
688
1 397
-
income
72
64
281
-
social contributions
33
57
77
-
health
7
12
24
-
total
112
133
382
-
Employer
688
688
1 397
-
social contributions
33
57
77
-
health
7
13
26
-
total
40
70
103
-
Corporate
1 056
742
-
-
income
132
93
-
-
total
132
93
-
-
Dividends
924
649
-
-
withholding
157
110
-
-
total
157
110
-
-
Income
1 500
1 500
1 500
1 500
Total tax
441
406
485
471
After tax
1 059
1 094
1 015
1 029
Living cost
290
290
290
290
Free-cash
769
804
725
739

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
£538
£673
£662
£714
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
-
-
-
1 500
income
-
-
-
425
pensions
-
-
-
78
total
-
-
-
503
Employee
445
-
1 311
-
income
81
-
334
-
health
6
-
19
-
pensions
34
-
96
-
total
121
-
449
-
Employer
445
-
1 311
-
pensions
45
-
164
-
health
8
-
25
-
total
53
-
189
-
Corporate
1 001
1 500
-
-
income

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

190
285
-
-
total
190
285
-
-
Dividends
811
1 215
-
-
withholding
98
229
-
-
total
98
229
-
-
Income
1 500
1 500
1 500
1 500
Total tax
462
514
638
503
After tax
1 038
986
862
997
Living cost
324
324
324
324
Free-cash
714
662
538
673

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
£281
£347
£433
£393
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 500
municipal
-
-
-
10
regional
-
-
-
34
national
-
-
-
366
social contributions
-
-
-
386
total
-
-
-
796
Employee
754
-
1 500
-
regional
11
-
30
-
social contributions
254
-
506
-
national
127
-
317
-
municipal
5
-
9
-
total
397
-
862
-
Employer
754
-
1 500
-
total
-
-
-
-
Corporate
746
1 500
-
-
nationa
179
360
-
-
municipal
36
72
-
-
total
215
432
-
-
Dividends
531
1 068
-
-
withholding
138
278
-
-
total
138
278
-
-
Income
1 500
1 500
1 500
1 500
Total tax
750
710
862
796
After tax
750
790
638
704
Living cost
357
357
357
357
Free-cash
393
433
281
347

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
£631
£842
-£62
£93
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
-
-
-
1 500
income
-
-
-
416
health
-
-
-
18
accident
-
-
-
2
pensions
-
-
-
35
other
-
-
-
3
total
-
-
-
474
Employee
290
-
1 352
-
income
40
-
318
-
health
33
-
155
-
pensions
33
-
64
-
total
106
-
537
-
Employer
290
-
1 352
-
unemployment
7
-
33
-
pensions
47
-
92
-
accident
5
-
23
-
total
59
-
148
-
Corporate
1 151
1 500
-
-
income

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

1 036
1 350
-
-
total
1 036
1 350
-
-
Dividends
115
150
-
-
withholding
22
28
-
-
total
22
28
-
-
Income
1 500
1 500
1 500
1 500
Total tax
1 223
1 378
685
474
After tax
277
122
815
1 026
Living cost
184
184
184
184
Free-cash
93
-62
631
842

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
£613
£457
£426
£543
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.

-
-
-
1 500
income

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

-
-
-
455
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
-
-
-
156
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.

-
-
-
25
total
-
-
-
697
Employee

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

445
-
1 500
-
income

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

37
-
455
-
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
-
25
-
total
100
-
541
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 055
1 500
-
-
chamber of commerce
3
4
-
-
income
158
225
-
-
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
151
215
-
-
total
321
456
-
-
Dividends
734
1 044
-
-
withholding
180
258
-
-
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
14
-
-
total
190
272
-
-
Income
1 500
1 500
1 500
1 500
Total tax
611
728
541
697
After tax
889
772
959
803
Living cost
346
346
346
346
Free-cash
543
426
613
457

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
£435
£325
£1014
£940
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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.

-
-
-
1 500
microenterprise
-
-
-
-
income
-
-
-
264
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
-
-
-
382
total
-
-
-
989
Employee
262
-
1 120
-
income
47
-
220
-
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
-
117
-
surtax
-
-
162
-
total
76
-
499
-
Employer
262
-
1 120
-
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.

63
-
257
-
surtax
-
-
123
-
total
63
-
380
-
Corporate
1 175
1 500
-
-
income

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

235
300
-
-
total
235
300
-
-
Dividends

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

940
1 200
-
-
total
-
-
-
-
Income
1 500
1 500
1 500
1 500
Total tax
374
300
879
989
After tax
1 126
1 200
621
511
Living cost
186
186
186
186
Free-cash
940
1 014
435
325

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
£783
£791
£820
£801
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
-
-
-
1 500
income
-
-
-
447
health
-
-
-
61
pensions
-
-
-
85
total
-
-
-
593
Employee
177
-
1 405
-
income
34
-
443
-
health
9
-
21
-
unemployment
2
-
4
-
pensions
16
-
38
-
total
61
-
506
-
Employer
177
-
1 405
-
unemployment
4
-
8
-
pensions
19
-
47
-
health
17
-
40
-
total
40
-
95
-
Corporate
1 284
1 500
-
-
income
282
330
-
-
total
282
330
-
-
Dividends
1 001
1 170
-
-
withholding
200
234
-
-
total
200
234
-
-
Income
1 500
1 500
1 500
1 500
Total tax
583
564
601
593
After tax
917
936
899
907
Living cost
116
116
116
116
Free-cash
801
820
783
791

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
£455
£509
£742
£713
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
-
-
-
1 500
income
-
-
-
403
health
-
-
-
85
unemployment
-
-
-
2
surtax
-
-
-
61
pensions
-
-
-
239
other
-
-
-
-
total
-
-
-
790
Employee
301
-
1 249
-
other
-
-
-
-
income
51
-
349
-
health
8
-
30
-
unemployment
21
-
83
-
surtax
1
-
51
-
pensions
20
-
80
-
total
101
-
593
-
Employer
301
-
1 249
-
unemployment
10
-
38
-
pensions
40
-
159
-
other
-
-
-
-
health
14
-
54
-
total
64
-
251
-
Corporate
1 135
1 500
-
-
income
295
390
-
-
total
295
390
-
-
Dividends
840
1 110
-
-
withholding
126
167
-
-
total
126
167
-
-
Income
1 500
1 500
1 500
1 500
Total tax
586
557
844
790
After tax
914
943
656
710
Living cost
201
201
201
201
Free-cash
713
742
455
509

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
£112
£486
£544
£540
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
-
-
-
1 500
income
-
-
-
394
chamber of commerce
-
-
-
6
health
-
-
-
80
unemployment
-
-
-
55
surtax
-
-
-
-
pensions
-
-
-
193
total
-
-
-
728
Employee
391
357
1 189
-
other
4
4
10
-
income
35
26
313
-
health
15
14
40
-
unemployment
12
11
31
-
pensions
40
37
107
-
total
106
92
501
-
Employer
391
357
1 189
-
unemployment
12
11
31
-
chamber of commerce
2
1
5
-
pensions
49
45
131
-
payroll
12