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
£ 1600
per

Your estimated
City
free-cash

Valencia , Spain
£779
£611
£649
£818
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
-
-
-
1 600
unemployment
-
-
-
6
income
-
-
-
451
other
-
-
-
1
accident
-
-
-
8
pensions
-
-
-
237
total
-
-
-
703
Employee
334
-
1 333
-
unemployment
5
-
13
-
pensions
16
-
39
-
income
64
-
420
-
other
-
-
1
-
total
85
-
473
-
Employer
334
-
1 333
-
pensions
79
-
198
-
accident
7
-
17
-
unemployment
18
-
46
-
other
3
-
7
-
total
107
-
268
-
Corporate
1 159
1 600
-
-
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.

174
240
-
-
total
174
240
-
-
Dividends
986
1 360
-
-
withholding
207
294
-
-
total
207
294
-
-
Income
1 600
1 600
1 600
1 600
Total tax
573
534
741
703
After tax
1 027
1 066
859
897
Living cost
248
248
248
248
Free-cash
779
818
611
649

Estimated living cost  is £248 per week

£168
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.
£53
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
£873
£666
£656
£935
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
-
-
-
1 600
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.

-
-
-
330
income
-
-
-
248
other
-
-
-
65
health
-
-
-
60
total
-
-
-
703
Employee
328
-
1 278
-
health
5
-
18
-
unemployment
3
-
13
-
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
-
89
-
income
56
-
251
-
total
87
-
371
-
Employer
328
-
1 278
-
health
5
-
18
-
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.

56
-
217
-
accident
3
-
10
-
unemployment
3
-
13
-
other
16
-
64
-
total
83
-
322
-
Corporate
1 189
1 600
-
-
income
250
336
-
-
total
250
336
-
-
Dividends
940
1 264
-
-
withholding
66
88
-
-
total
66
88
-
-
Income
1 600
1 600
1 600
1 600
Total tax
486
424
693
703
After tax
1 114
1 176
907
897
Living cost
241
241
241
241
Free-cash
873
935
666
656

Estimated living cost  is £241 per week

£170
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.
£51
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
£1207
£1220
£1158
£1250
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
-
-
-
1 600
pensions

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

-
-
-
47
unemployment
-
-
-
1
income
-
-
-
240
health
-
-
-
36
total
-
-
-
324
Employee
157
-
1 538
-
health
7
-
15
-
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
-
28
-
income
16
-
154
-
total
39
-
200
-
Employer
157
-
1 538
-
health
11
-
22
-
pensions

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

17
-
35
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
unemployment
1
-
2
-
total
31
-
62
-
Corporate
1 412
1 600
-
-
income
141
160
-
-
total
141
160
-
-
Dividends
1 271
1 440
-
-
withholding
64
72
-
-
total
64
72
-
-
Income
1 600
1 600
1 600
1 600
Total tax
275
232
262
324
After tax
1 325
1 368
1 338
1 276
Living cost
118
118
118
118
Free-cash
1 207
1 250
1 220
1 158

Estimated living cost  is £118 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.
£38
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
£550
£570
£592
£498
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
-
-
-
1 600
income
-
-
-
251
other
-
-
-
50
health
-
-
-
68
social contributions
-
-
-
46
pensions
-
-
-
284
surtax
-
-
-
-
total
-
-
-
699
Employee
387
-
1 239
-
pensions
44
-
86
-
income
23
-
240
-
social contributions
11
-
35
-
surtax
-
-
-
-
total
78
-
361
-
Employer
387
-
1 239
-
health
27
-
114
-
social contributions
1
-
4
-
pensions
64
-
144
-
unemployment
16
-
50
-
other
13
-
48
-
total
121
-
360
-
Corporate
1 093
1 600
-
-
income
306
448
-
-
surtax
-
-
-
-
total
306
448
-
-
Dividends
787
1 152
-
-
social contributions
135
198
-
-
surtax
-
-
-
-
withholding
101
147
-
-
total
236
345
-
-
Income
1 600
1 600
1 600
1 600
Total tax
741
793
721
699
After tax
859
807
879
901
Living cost
309
309
309
309
Free-cash
550
498
570
592

Estimated living cost  is £309 per week

£195
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.
£84
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
£359
£622
£505
£413
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
-
-
-
1 600
pensions
-
-
-
106
income
-
-
-
500
health
-
-
-
111
total
-
-
-
717
Employee
772
772
1 432
-
health
118
101
111
-
pensions
139
106
106
-
income

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

126
126
214
-
total
383
333
431
-
Employer
772
772
1 432
-
health
54
54
67
-
pensions
54
54
67
-
unemployment
28
28
35
-
total
136
136
169
-
Corporate
703
693
-
-
income
141
139
-
-
total
141
139
-
-
Dividends
562
555
-
-
income
119
118
-
-
withholding
84
83
-
-
total
203
201
-
-
Income
1 600
1 600
1 600
1 600
Total tax
863
809
600
717
After tax
737
791
1 000
883
Living cost
378
378
378
378
Free-cash
359
413
622
505

Estimated living cost  is £378 per week

£268
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.
£70
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
£741
£555
£533
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.

-
-
-
1 600
trade
-
-
-
186
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.

-
-
-
496
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.

-
-
-
62
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.

-
-
-
27
total
-
-
-
771
Employee

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

346
-
1 600
-
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.

62
-
62
-
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
-
496
-
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
-
27
-
total
73
-
585
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 254
1 600
-
-
income
188
240
-
-
trade
198
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.

10
13
-
-
chamber of commerce
3
4
-
-
total
399
509
-
-
Dividends
855
1 091
-
-
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.

12
15
-
-
withholding
210
269
-
-
total
222
284
-
-
Income
1 600
1 600
1 600
1 600
Total tax
694
793
585
771
After tax
906
807
1 015
829
Living cost
274
274
274
274
Free-cash
632
533
741
555

Estimated living cost  is £274 per week

£172
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
£910
£870
£884
£958
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
-
-
-
1 600
income
-
-
-
320
health
-
-
-
41
social contributions
-
-
-
146
total
-
-
-
507
Employee
695
695
1 495
-
health
5
12
25
-
income
76
64
312
-
social contributions
26
58
78
-
total
107
134
415
-
Employer
695
695
1 495
-
health
6
13
28
-
social contributions
26
58
78
-
total
32
71
106
-
Corporate
1 251
835
-
-
income
156
104
-
-
total
156
104
-
-
Dividends
1 095
730
-
-
withholding
186
124
-
-
total
186
124
-
-
Income
1 600
1 600
1 600
1 600
Total tax
481
433
521
507
After tax
1 119
1 167
1 079
1 093
Living cost
209
209
209
209
Free-cash
910
958
870
884

Estimated living cost  is £209 per week

£125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£21
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£59
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
£618
£452
£573
£627
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.

-
-
-
1 600
income
-
-
-
188
social contributions

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

-
-
-
556
surtax
-
-
-
-
total
-
-
-
744
Employee
416
-
1 293
-
income
86
-
416
-
social contributions
46
-
142
-
surtax
-
-
-
-
total
132
-
558
-
Employer
416
-
1 293
-
social contributions
99
-
307
-
total
99
-
307
-
Corporate
1 086
1 600
-
-
income
228
336
-
-
surtax
-
-
-
-
total
228
336
-
-
Dividends
858
1 264
-
-
withholding
240
354
-
-
total
240
354
-
-
Income
1 600
1 600
1 600
1 600
Total tax
699
690
865
744
After tax
901
910
735
856
Living cost
283
283
283
283
Free-cash
618
627
452
573

Estimated living cost  is £283 per week

£212
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.
£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
Batumi , Georgia
£1436
£1210
£1514
£1450
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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%.

-
-
-
1 600
microenterprise

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

-
-
-
16
total
-
-
-
16
Employee
88
-
1 600
-
income
18
-
320
-
total
18
-
320
-
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%.

1 512
1 600
-
-
total
-
-
-
-
Dividends
1 512
1 600
-
-
withholding
76
80
-
-
total
76
80
-
-
Income
1 600
1 600
1 600
1 600
Total tax
94
80
320
16
After tax
1 506
1 520
1 280
1 584
Living cost
70
70
70
70
Free-cash
1 436
1 450
1 210
1 514

Estimated living cost  is £70 per week

£43
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£6
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£2
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£19
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Ljubljana , Slovenia
£784
£496
£540
£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

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.

-
-
-
1 600
pensions
-
-
-
292
unemployment
-
-
-
2
income
-
-
-
367
health
-
-
-
157
total
-
-
-
818
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.

400
-
1 384
-
health
26
-
89
-
unemployment
1
-
2
-
pensions
62
-
215
-
income
69
-
340
-
total
158
-
646
-
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.

400
-
1 384
-
health
27
-
92
-
pensions
35
-
123
-
unemployment
-
-
1
-
total
62
-
216
-
Corporate
1 138
1 600
-
-
income
216
304
-
-
total
216
304
-
-
Dividends
922
1 296
-
-
withholding
138
194
-
-
total
138
194
-
-
Income
1 600
1 600
1 600
1 600
Total tax
574
498
862
818
After tax
1 026
1 102
738
782
Living cost
242
242
242
242
Free-cash
784
860
496
540

Estimated living cost  is £242 per week

£166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£16
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£56
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
£695
£808
£958
£664
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.

-
-
-
1 600
income
-
-
-
257
health

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

-
-
-
57
total
-
-
-
314
Employee
414
-
1 558
-
social contributions
42
-
42
-
income
45
-
380
-
total
87
-
422
-
Employer
414
-
1 558
-
social contributions
42
-
42
-
total
42
-
42
-
Corporate
1 144
1 600
-
-
income
400
560
-
-
total
400
560
-
-
Dividends
744
1 040
-
-
social contributions
48
48
-
-
total
48
48
-
-
Income
1 600
1 600
1 600
1 600
Total tax
577
608
464
314
After tax
1 023
992
1 136
1 286
Living cost
328
328
328
328
Free-cash
695
664
808
958

Estimated living cost  is £328 per week

£216
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.
£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
Vilnius , Lithuania
£789
£802
£835
£784
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
-
-
-
1 600
income
-
-
-
240
health
-
-
-
112
social contributions
-
-
-
221
total
-
-
-
573
Employee
306
-
1 600
-
health
21
-
112
-
income
51
-
273
-
social contributions
42
-
221
-
total
114
-
606
-
Employer
306
-
1 600
-
total
-
-
-
-
Corporate
1 294
1 600
-
-
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%.

65
80
-
-
total
65
80
-
-
Dividends
1 229
1 520
-
-
social contributions
170
210
-
-
withholding
184
228
-
-
health
86
106
-
-
total
440
544
-
-
Income
1 600
1 600
1 600
1 600
Total tax
619
624
606
573
After tax
981
976
994
1 027
Living cost
192
192
192
192
Free-cash
789
784
802
835

Estimated living cost  is £192 per week

£128
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
£759
£599
£668
£849
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
-
-
-
1 600
income
-
-
-
163
health
-
-
-
216
social contributions
-
-
-
295
solidarity contribution
-
-
-
5
total
-
-
-
679
Employee
372
-
1 236
-
health
50
-
167
-
solidarity contribution
-
-
-
-
income
45
-
151
-
social contributions
24
-
66
-
total
119
-
384
-
Employer
372
-
1 236
-
health
33
-
111
-
social contributions
93
-
253
-
total
126
-
364
-
Corporate
1 102
1 600
-
-
income
209
304
-
-
total
209
304
-
-
Dividends
892
1 296
-
-
withholding
134
194
-
-
total
134
194
-
-
Income
1 600
1 600
1 600
1 600
Total tax
588
498
748
679
After tax
1 012
1 102
852
921
Living cost
253
253
253
253
Free-cash
759
849
599
668

Estimated living cost  is £253 per week

£188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£14
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£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.
£46
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
£1391
£1171
£1475
£1411
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%.

-
-
-
1 600
microenterprise

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

-
-
-
16
total
-
-
-
16
Employee
136
-
1 600
-
income
27
-
320
-
total
27
-
320
-
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%.

1 464
1 600
-
-
total
-
-
-
-
Dividends
1 464
1 600
-
-
withholding
73
80
-
-
total
73
80
-
-
Income
1 600
1 600
1 600
1 600
Total tax
100
80
320
16
After tax
1 500
1 520
1 280
1 584
Living cost
109
109
109
109
Free-cash
1 391
1 411
1 171
1 475

Estimated living cost  is £109 per week

£74
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£5
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£27
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
£432
£443
£465
£371
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
-
-
-
1 600
income
-
-
-
251
other
-
-
-
50
health
-
-
-
68
social contributions
-
-
-
46
pensions
-
-
-
284
surtax
-
-
-
-
total
-
-
-
699
Employee
566
-
1 239
-
pensions
64
-
86
-
income
49
-
240
-
social contributions
16
-
35
-
surtax
-
-
-
-
total
129
-
361
-
Employer
566
-
1 239
-
health
40
-
114
-
social contributions
2
-
4
-
pensions
93
-
144
-
unemployment
23
-
50
-
other
20
-
48
-
total
178
-
360
-
Corporate
857
1 600
-
-
income
240
448
-
-
surtax
-
-
-
-
total
240
448
-
-
Dividends
617
1 152
-
-
social contributions
106
198
-
-
surtax
-
-
-
-
withholding
79
147
-
-
total
185
345
-
-
Income
1 600
1 600
1 600
1 600
Total tax
732
793
721
699
After tax
868
807
879
901
Living cost
436
436
436
436
Free-cash
432
371
443
465

Estimated living cost  is £436 per week

£295
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.
£99
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
£956
£831
£830
£1000
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.

-
-
-
1 600
pensions
-
-
-
173
unemployment
-
-
-
10
income
-
-
-
362
health
-
-
-
69
total
-
-
-
614
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.

235
-
1 481
-
health
12
-
34
-
unemployment
2
-
5
-
pensions
33
-
93
-
income
32
-
362
-
total
79
-
494
-
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.

235
-
1 481
-
health
12
-
34
-
pensions
28
-
80
-
unemployment
2
-
5
-
total
42
-
119
-
Corporate
1 323
1 600
-
-
income
198
240
-
-
total
198
240
-
-
Dividends
1 125
1 360
-
-
withholding
169
204
-
-
total
169
204
-
-
Income
1 600
1 600
1 600
1 600
Total tax
488
444
613
614
After tax
1 112
1 156
987
986
Living cost
156
156
156
156
Free-cash
956
1 000
831
830

Estimated living cost  is £156 per week

£105
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.
£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.
£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
£380
£601
£666
£118
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
-
-
-
1 600
pensions
-
-
-
147
city
-
-
-
17
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.

-
-
-
32
health
-
-
-
4
regional
-
-
-
85
national
-
-
-
35
total
-
-
-
320
Employee
719
-
1 435
-
health
2
-
3
-
unemployment
-
-
-
-
city
8
-
15
-
pensions
60
-
117
-
regional
24
-
74
-
national
3
-
27
-
total
97
-
236
-
Employer
719
-
1 435
-
health
2
-
3
-
pensions
60
-
117
-
unemployment
-
-
-
-
other

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

14
-
29
-
total
76
-
149
-
Corporate
797
1 600
-
-
regional
169
338
-
-
national
68
136
-
-
total
237
474
-
-
Dividends
561
1 126
-
-
withholding
196
394
-
-
total
196
394
-
-
Income
1 600
1 600
1 600
1 600
Total tax
606
868
385
320
After tax
994
732
1 215
1 280
Living cost
614
614
614
614
Free-cash
380
118
601
666

Estimated living cost  is £614 per week

£399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£55
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.
£152
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
£678
£492
£684
£655
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

-
-
-
1 600
municipal
-
-
-
284
health
-
-
-
21
national
-
-
-
264
total
-
-
-
569
Employee
475
-
1 346
-
health
4
-
17
-
unemployment
7
-
20
-
pensions
32
-
91
-
national
8
-
160
-
municipal
78
-
219
-
total
129
-
507
-
Employer
475
-
1 346
-
health
4
-
10
-
pensions
82
-
234
-
accident
-
-
1
-
unemployment
3
-
9
-
total
89
-
254
-
Corporate
1 035
1 600
-
-
income
207
320
-
-
total
207
320
-
-
Dividends

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

621
960
-
-
municipal
112
173
-
-
national
38
105
-
-
total
150
278
-
-
Income
1 600
1 600
1 600
1 600
Total tax
575
598
761
569
After tax
1 025
1 002
839
1 031
Living cost
347
347
347
347
Free-cash
678
655
492
684

Estimated living cost  is £347 per week

£227
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.
£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.
£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
£431
£233
£365
£566
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
-
-
-
1 600
communal

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

-
-
-
82
social contributions
-
-
-
225
national
-
-
-
599
total
-
-
-
906
Employee

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

646
-
1 239
-
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
-
58
-
communal

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

34
-
65
-
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
-
11
-
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
-
93
-
national
199
-
450
-
total
317
-
677
-
Employer

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

646
-
1 239
-
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.

40
-
76
-
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
-
110
-
surtax
73
-
141
-
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
-
16
-
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
-
18
-
total
187
-
361
-
Corporate
766
1 600
-
-
income
153
320
-
-
surtax
3
6
-
-
total
156
326
-
-
Dividends
609
1 274
-
-
withholding

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

180
379
-
-
total
180
379
-
-
Income
1 600
1 600
1 600
1 600
Total tax
840
705
1 038
906
After tax
760
895
562
694
Living cost
329
329
329
329
Free-cash
431
566
233
365

Estimated living cost  is £329 per week

£212
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.
£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
Stockholm , Sweden
£473
£427
£436
£482
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
-
-
-
1 600
unemployment
-
-
-
1
municipal
-
-
-
403
other
-
-
-
100
health
-
-
-
54
national
-
-
-
119
accident
-
-
-
2
pensions
-
-
-
93
total
-
-
-
772
Employee
559
-
1 330
-
national
-
-
113
-
municipal
167
-
397
-
total
167
-
510
-
Employer
559
-
1 330
-
health
34
-
53
-
pensions
60
-
93
-
accident
1
-
2
-
unemployment
15
-
23
-
other
65
-
100
-
total
175
-
271
-
Corporate
866
1 600
-
-
income
190
352
-
-
total
190
352
-
-
Dividends
675
1 248
-
-
withholding
203
374
-
-
total
203
374
-
-
Income
1 600
1 600
1 600
1 600
Total tax
735
726
781
772
After tax
865
874
819
828
Living cost
392
392
392
392
Free-cash
473
482
427
436

Estimated living cost  is £392 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.
£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.
£88
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
£55
£1030
£669
£536
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
-
-
-
1 600
income
-
-
-
312
social contributions
-
-
-
182
total
-
-
-
494
Employee
626
-
-
-
income
138
-
-
-
social contributions
51
-
7
-
total
189
-
7
-
Employer
626
-
-
-
social contributions
883
-
126
-
total
883
-
126
-
Corporate
91
1 600
-
-
income
20
352
-
-
total
20
352
-
-
Dividends
71
1 248
-
-
income
16
275
-
-
total
16
275
-
-
Income
1 600
1 600
1 600
1 600
Total tax
1 108
627
133
494
After tax
492
973
1 467
1 106
Living cost
437
437
437
437
Free-cash
55
536
1 030
669

Estimated living cost  is £437 per week

£283
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£41
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£107
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
£836
£786
£800
£874
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
-
-
-
1 600
income
-
-
-
320
health
-
-
-
41
social contributions
-
-
-
146
total
-
-
-
507
Employee
695
695
1 495
-
health
7
12
25
-
income
73
64
312
-
social contributions
34
58
78
-
total
114
134
415
-
Employer
695
695
1 495
-
health
8
13
28
-
social contributions
34
58
78
-
total
42
71
106
-
Corporate
1 152
835
-
-
income
144
104
-
-
total
144
104
-
-
Dividends
1 008
730
-
-
withholding
171
124
-
-
total
171
124
-
-
Income
1 600
1 600
1 600
1 600
Total tax
471
433
521
507
After tax
1 129
1 167
1 079
1 093
Living cost
293
293
293
293
Free-cash
836
874
786
800

Estimated living cost  is £293 per week

£200
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.
£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
Edinburgh , United Kingdom
£769
£587
£732
£717
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
-
-
-
1 600
income
-
-
-
464
pensions
-
-
-
80
total
-
-
-
544
Employee
445
-
1 397
-
health
6
-
20
-
pensions
34
-
98
-
income
81
-
368
-
total
121
-
486
-
Employer
445
-
1 397
-
health
8
-
27
-
pensions
45
-
176
-
total
53
-
203
-
Corporate
1 101
1 600
-
-
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.

209
304
-
-
total
209
304
-
-
Dividends
892
1 296
-
-
withholding
124
255
-
-
total
124
255
-
-
Income
1 600
1 600
1 600
1 600
Total tax
507
559
689
544
After tax
1 093
1 041
911
1 056
Living cost
324
324
324
324
Free-cash
769
717
587
732

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
£442
£314
£384
£483
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
-
-
-
1 600
municipal
-
-
-
11
regional
-
-
-
37
social contributions
-
-
-
412
national
-
-
-
396
total
-
-
-
856
Employee
761
-
1 600
-
social contributions
257
-
540
-
regional
11
-
33
-
national
129
-
343
-
municipal
5
-
10
-
total
402
-
926
-
Employer
761
-
1 600
-
total
-
-
-
-
Corporate
839
1 600
-
-
nationa
201
384
-
-
municipal
40
77
-
-
total
241
461
-
-
Dividends
597
1 139
-
-
withholding
155
296
-
-
total
155
296
-
-
Income
1 600
1 600
1 600
1 600
Total tax
798
757
926
856
After tax
802
843
674
744
Living cost
360
360
360
360
Free-cash
442
483
314
384

Estimated living cost  is £360 per week

£253
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.
£77
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
£101
£678
£902
-£63
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
-
-
-
1 600
pensions
-
-
-
36
income
-
-
-
445
other
-
-
-
3
health
-
-
-
19
accident
-
-
-
2
total
-
-
-
505
Employee
304
-
1 444
-
health
35
-
165
-
pensions
34
-
67
-
income
42
-
341
-
total
111
-
573
-
Employer
304
-
1 444
-
pensions
49
-
97
-
accident
5
-
24
-
unemployment
7
-
35
-
total
61
-
156
-
Corporate
1 235
1 600
-
-
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.

1 111
1 440
-
-
total
1 111
1 440
-
-
Dividends
123
160
-
-
withholding
23
30
-
-
total
23
30
-
-
Income
1 600
1 600
1 600
1 600
Total tax
1 306
1 470
729
505
After tax
294
130
871
1 095
Living cost
193
193
193
193
Free-cash
101
-63
678
902

Estimated living cost  is £193 per week

£141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£11
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£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.
£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

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
£592
£666
£497
£474
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.

-
-
-
1 600
trade
-
-
-
169
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.

-
-
-
496
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.

-
-
-
62
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.

-
-
-
27
total
-
-
-
754
Employee

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

450
-
1 600
-
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.

62
-
62
-
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
-
496
-
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
-
27
-
total
101
-
585
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 150
1 600
-
-
income
173
240
-
-
trade
165
230
-
-
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
-
-
chamber of commerce
3
4
-
-
total
350
487
-
-
Dividends
800
1 113
-
-
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
15
-
-
withholding
197
275
-
-
total
208
290
-
-
Income
1 600
1 600
1 600
1 600
Total tax
659
777
585
754
After tax
941
823
1 015
846
Living cost
349
349
349
349
Free-cash
592
474
666
497

Estimated living cost  is £349 per week

£241
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.
£66
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

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
£1018
£486
£365
£1092
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.

-
-
-
1 600
income
-
-
-
293
microenterprise
-
-
-
-
social contributions

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

-
-
-
346
surtax
-
-
-
408
total
-
-
-
1 047
Employee
264
-
1 208
-
income
47
-
241
-
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
-
118
-
surtax
-
-
175
-
total
76
-
534
-
Employer
264
-
1 208
-
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.

64
-
259
-
surtax
-
-
133
-
total
64
-
392
-
Corporate
1 272
1 600
-
-
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%.

254
320
-
-
total
254
320
-
-
Dividends

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

1 018
1 280
-
-
total
-
-
-
-
Income
1 600
1 600
1 600
1 600
Total tax
394
320
926
1 047
After tax
1 206
1 280
674
553
Living cost
188
188
188
188
Free-cash
1 018
1 092
486
365

Estimated living cost  is £188 per week

£120
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.
£46
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
£868
£855
£862
£886
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
-
-
-
1 600
income
-
-
-
485
health
-
-
-
59
pensions
-
-
-
82
total
-
-
-
626
Employee
171
-
1 508
-
health
9
-
20
-
unemployment
2
-
4
-
pensions
15
-
37
-
income
33
-
480
-
total
59
-
541
-
Employer
171
-
1 508
-
health
16
-
39
-
pensions
19
-
45
-
unemployment
3
-
8
-
total
38
-
92
-
Corporate
1 390
1 600
-
-
income
306
352
-
-
total
306
352
-
-
Dividends
1 085
1 248
-
-
withholding
217
250
-
-
total
217
250
-
-
Income
1 600
1 600
1 600
1 600
Total tax
620
602
633
626
After tax
980
998
967
974
Living cost
112
112
112
112
Free-cash
868
886
855
862

Estimated living cost  is £112 per week

£67
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.
£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
Athens , Greece
£774
£499
£554
£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
-
-
-
1 600
pensions
-
-
-
241
unemployment
-
-
-
2
income
-
-
-
445
other
-
-
-
-
health
-
-
-
86
surtax
-
-
-
69
total
-
-
-
843
Employee
304
-
1 346
-
health
8
-
31
-
unemployment
21
-
84
-
pensions
20
-
80
-
income
51
-
391
-
other
-
-
-
-
surtax
1
-
58
-
total
101
-
644
-
Employer
304
-
1 346
-
health
14
-
55
-
pensions
41
-
161
-
unemployment
10
-
38
-
other
-
-
-
-
total
65
-
254
-
Corporate
1 232
1 600
-
-
income
320
416
-
-
total
320
416
-
-
Dividends
911
1 184
-
-
withholding
137
178
-
-
total
137
178
-
-
Income
1 600
1 600
1 600
1 600
Total tax
623
594
898
843
After tax
977
1 006
702
757
Living cost
203
203
203
203
Free-cash
774
803
499
554

Estimated living cost  is £203 per week

£123
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.
£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
£593
£136
£536
£597
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
-
-
-
1 600
pensions
-
-
-
195
chamber of commerce
-
-
-
6
unemployment
-
-
-
55
income
-
-
-
439
health
-
-
-
81
surtax
-
-
-
-
total
-
-
-
776
Employee
395
360
1 280
-
health
15
14
41
-
unemployment
12
11
32
-
pensions
40
37
108
-
income
35
27
353
-
other
4
4
11
-
total
106
93
545
-
Employer
395
360
1 280
-
health
15
14
40
-
pensions
50
45
132
-
surtax
-
-
-
-