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
£ 1650
per

Your estimated
City
free-cash

Valencia , Spain
£809
£636
£675
£850
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
-
-
-
1 650
unemployment
-
-
-
6
income
-
-
-
472
other
-
-
-
1
accident
-
-
-
8
pensions
-
-
-
238
total
-
-
-
725
Employee
336
-
1 381
-
unemployment
5
-
13
-
pensions
16
-
40
-
income
65
-
441
-
other
-
-
1
-
total
86
-
495
-
Employer
336
-
1 381
-
pensions
79
-
199
-
accident
7
-
17
-
unemployment
18
-
46
-
other
3
-
7
-
total
107
-
269
-
Corporate
1 207
1 650
-
-
income

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

181
247
-
-
total
181
247
-
-
Dividends
1 026
1 403
-
-
withholding
217
303
-
-
total
217
303
-
-
Income
1 650
1 650
1 650
1 650
Total tax
591
550
764
725
After tax
1 059
1 100
886
925
Living cost
250
250
250
250
Free-cash
809
850
636
675

Move here now

Estimated living cost  is £250 per week

£169
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

Source of data for Valencia model

Close
Bratislava , Slovakia
£908
£693
£689
£971
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
-
-
-
1 650
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.

-
-
-
332
income
-
-
-
260
other
-
-
-
66
health
-
-
-
61
total
-
-
-
719
Employee
330
-
1 318
-
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
-
92
-
income
57
-
260
-
total
88
-
383
-
Employer
330
-
1 318
-
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
-
224
-
accident
3
-
11
-
unemployment
3
-
13
-
other
17
-
66
-
total
84
-
332
-
Corporate
1 237
1 650
-
-
income
260
346
-
-
total
260
346
-
-
Dividends
977
1 304
-
-
withholding
68
91
-
-
total
68
91
-
-
Income
1 650
1 650
1 650
1 650
Total tax
500
437
715
719
After tax
1 150
1 213
935
931
Living cost
242
242
242
242
Free-cash
908
971
693
689

Move here now

Estimated living cost  is £242 per week

£171
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

Source of data for Bratislava model

Close
Varna , Bulgaria
£1249
£1264
£1199
£1292
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
-
-
-
1 650
pensions

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

-
-
-
47
unemployment
-
-
-
1
income
-
-
-
247
health
-
-
-
37
total
-
-
-
332
Employee
158
-
1 588
-
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
-
159
-
total
39
-
205
-
Employer
158
-
1 588
-
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
1 461
1 650
-
-
income
146
165
-
-
total
146
165
-
-
Dividends
1 315
1 485
-
-
withholding
66
74
-
-
total
66
74
-
-
Income
1 650
1 650
1 650
1 650
Total tax
282
239
267
332
After tax
1 368
1 411
1 383
1 318
Living cost
119
119
119
119
Free-cash
1 249
1 292
1 264
1 199

Move here now

Estimated living cost  is £119 per week

£70
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.
£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

Source of data for Varna model

Close
Nice , France
£575
£590
£618
£521
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
-
-
-
1 650
income
-
-
-
262
other
-
-
-
51
health
-
-
-
71
social contributions
-
-
-
47
pensions
-
-
-
290
surtax
-
-
-
-
total
-
-
-
721
Employee
389
-
1 276
-
pensions
44
-
89
-
income
23
-
249
-
social contributions
11
-
36
-
surtax
-
-
-
-
total
78
-
374
-
Employer
389
-
1 276
-
health
27
-
119
-
social contributions
1
-
4
-
pensions
64
-
150
-
unemployment
16
-
52
-
other
13
-
50
-
total
121
-
375
-
Corporate
1 140
1 650
-
-
income
319
462
-
-
surtax
-
-
-
-
total
319
462
-
-
Dividends
820
1 188
-
-
social contributions
141
204
-
-
surtax
-
-
-
-
withholding
105
152
-
-
total
246
356
-
-
Income
1 650
1 650
1 650
1 650
Total tax
764
818
749
721
After tax
886
832
901
929
Living cost
311
311
311
311
Free-cash
575
521
590
618

Move here now

Estimated living cost  is £311 per week

£196
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

Source of data for Nice model

Close
Rotterdam , Netherlands
£381
£656
£527
£437
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
-
-
-
1 650
pensions
-
-
-
106
income
-
-
-
524
health
-
-
-
112
total
-
-
-
742
Employee
776
776
1 481
-
health
119
101
112
-
pensions
140
106
106
-
income

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

127
127
226
-
total
386
334
444
-
Employer
776
776
1 481
-
health
54
54
67
-
pensions
54
54
67
-
unemployment
28
28
35
-
total
136
136
169
-
Corporate
747
738
-
-
income
149
148
-
-
total
149
148
-
-
Dividends
598
590
-
-
income
127
125
-
-
withholding
90
89
-
-
total
217
214
-
-
Income
1 650
1 650
1 650
1 650
Total tax
888
832
613
742
After tax
762
818
1 037
908
Living cost
381
381
381
381
Free-cash
381
437
656
527

Move here now

Estimated living cost  is £381 per week

£270
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.
£71
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

Source of data for Rotterdam model

Close
Dresden , Germany
£657
£770
£577
£557
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.

-
-
-
1 650
trade
-
-
-
193
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.

-
-
-
515
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.

-
-
-
28
total
-
-
-
798
Employee

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

348
-
1 650
-
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
-
515
-
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
-
28
-
total
73
-
605
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 302
1 650
-
-
income
195
247
-
-
trade
205
260
-
-
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
-
-
chamber of commerce
3
4
-
-
total
414
525
-
-
Dividends
888
1 125
-
-
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
219
278
-
-
total
231
293
-
-
Income
1 650
1 650
1 650
1 650
Total tax
718
818
605
798
After tax
932
832
1 045
852
Living cost
275
275
275
275
Free-cash
657
557
770
577

Move here now

Estimated living cost  is £275 per week

£173
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.
£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.

Source of data for Dresden model

Close
Larnaca , Cyprus
£946
£901
£915
£993
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
-
-
-
1 650
income
-
-
-
336
health
-
-
-
42
social contributions
-
-
-
147
total
-
-
-
525
Employee
699
699
1 543
-
health
5
12
26
-
income
76
65
328
-
social contributions
26
58
78
-
total
107
135
432
-
Employer
699
699
1 543
-
health
6
13
29
-
social contributions
26
58
78
-
total
32
71
107
-
Corporate
1 299
880
-
-
income
162
110
-
-
total
162
110
-
-
Dividends
1 137
770
-
-
withholding
193
131
-
-
total
193
131
-
-
Income
1 650
1 650
1 650
1 650
Total tax
494
447
539
525
After tax
1 156
1 203
1 111
1 125
Living cost
210
210
210
210
Free-cash
946
993
901
915

Move here now

Estimated living cost  is £210 per week

£126
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

Source of data for Larnaca model

Close
Lisbon , Portugal
£644
£470
£596
£654
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.

-
-
-
1 650
income
-
-
-
196
social contributions

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

-
-
-
573
surtax
-
-
-
-
total
-
-
-
769
Employee
418
-
1 333
-
income
87
-
431
-
social contributions
46
-
147
-
surtax
-
-
-
-
total
133
-
578
-
Employer
418
-
1 333
-
social contributions
99
-
317
-
total
99
-
317
-
Corporate
1 133
1 650
-
-
income
238
346
-
-
surtax
-
-
-
-
total
238
346
-
-
Dividends
895
1 304
-
-
withholding
251
365
-
-
total
251
365
-
-
Income
1 650
1 650
1 650
1 650
Total tax
721
711
895
769
After tax
929
939
755
881
Living cost
285
285
285
285
Free-cash
644
654
470
596

Move here now

Estimated living cost  is £285 per week

£213
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

Source of data for Lisbon model

Close
Batumi , Georgia
£1486
£1251
£1565
£1498
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%.

-
-
-
1 650
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
86
-
1 650
-
income
17
-
330
-
total
17
-
330
-
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%.

1 564
1 650
-
-
total
-
-
-
-
Dividends
1 564
1 650
-
-
withholding
78
83
-
-
total
78
83
-
-
Income
1 650
1 650
1 650
1 650
Total tax
95
83
330
16
After tax
1 555
1 567
1 320
1 634
Living cost
69
69
69
69
Free-cash
1 486
1 498
1 251
1 565

Move here now

Estimated living cost  is £69 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.

Source of data for Batumi model

Close
Ljubljana , Slovenia
£816
£516
£561
£892
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.

-
-
-
1 650
pensions
-
-
-
301
unemployment
-
-
-
2
income
-
-
-
380
health
-
-
-
162
total
-
-
-
845
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.

402
-
1 428
-
health
26
-
92
-
unemployment
1
-
2
-
pensions
62
-
221
-
income
69
-
353
-
total
158
-
668
-
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.

402
-
1 428
-
health
27
-
95
-
pensions
36
-
126
-
unemployment
-
-
1
-
total
63
-
222
-
Corporate
1 186
1 650
-
-
income
225
314
-
-
total
225
314
-
-
Dividends
960
1 336
-
-
withholding
144
200
-
-
total
144
200
-
-
Income
1 650
1 650
1 650
1 650
Total tax
590
514
890
845
After tax
1 060
1 136
760
805
Living cost
244
244
244
244
Free-cash
816
892
516
561

Move here now

Estimated living cost  is £244 per week

£167
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

Source of data for Ljubljana model

Close
Sliema , Malta
£726
£840
£1004
£694
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.

-
-
-
1 650
income
-
-
-
259
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
-
-
-
316
Employee
417
-
1 608
-
social contributions
42
-
42
-
income
45
-
396
-
total
87
-
438
-
Employer
417
-
1 608
-
social contributions
42
-
42
-
total
42
-
42
-
Corporate
1 191
1 650
-
-
income
417
578
-
-
total
417
578
-
-
Dividends
774
1 072
-
-
social contributions
48
48
-
-
total
48
48
-
-
Income
1 650
1 650
1 650
1 650
Total tax
594
626
480
316
After tax
1 056
1 024
1 170
1 334
Living cost
330
330
330
330
Free-cash
726
694
840
1 004

Move here now

Estimated living cost  is £330 per week

£217
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.
£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

Source of data for Sliema model

Close
Vilnius , Lithuania
£818
£831
£867
£815
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
-
-
-
1 650
income
-
-
-
247
health
-
-
-
115
social contributions
-
-
-
228
total
-
-
-
590
Employee
308
-
1 650
-
health
22
-
115
-
income
51
-
283
-
social contributions
43
-
228
-
total
116
-
626
-
Employer
308
-
1 650
-
total
-
-
-
-
Corporate
1 342
1 650
-
-
income

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

67
82
-
-
total
67
82
-
-
Dividends
1 275
1 568
-
-
social contributions
176
216
-
-
withholding
191
235
-
-
health
89
109
-
-
total
456
560
-
-
Income
1 650
1 650
1 650
1 650
Total tax
639
642
626
590
After tax
1 011
1 008
1 024
1 060
Living cost
193
193
193
193
Free-cash
818
815
831
867

Move here now

Estimated living cost  is £193 per week

£129
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

Source of data for Vilnius model

Close
Prague , Czech Republic
£789
£628
£698
£882
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
-
-
-
1 650
income
-
-
-
169
health
-
-
-
223
social contributions
-
-
-
297
solidarity contribution
-
-
-
8
total
-
-
-
697
Employee
374
-
1 280
-
health
51
-
173
-
solidarity contribution
-
-
2
-
income
45
-
156
-
social contributions
24
-
66
-
total
120
-
397
-
Employer
374
-
1 280
-
health
34
-
115
-
social contributions
94
-
255
-
total
128
-
370
-
Corporate
1 148
1 650
-
-
income
218
313
-
-
total
218
313
-
-
Dividends
930
1 337
-
-
withholding
140
200
-
-
total
140
200
-
-
Income
1 650
1 650
1 650
1 650
Total tax
606
513
767
697
After tax
1 044
1 137
883
953
Living cost
255
255
255
255
Free-cash
789
882
628
698

Move here now

Estimated living cost  is £255 per week

£189
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.
£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

Source of data for Prague model

Close
Tbilisi , Georgia
£1440
£1213
£1527
£1460
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%.

-
-
-
1 650
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
134
-
1 650
-
income
27
-
330
-
total
27
-
330
-
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%.

1 516
1 650
-
-
total
-
-
-
-
Dividends
1 516
1 650
-
-
withholding
76
83
-
-
total
76
83
-
-
Income
1 650
1 650
1 650
1 650
Total tax
103
83
330
16
After tax
1 547
1 567
1 320
1 634
Living cost
107
107
107
107
Free-cash
1 440
1 460
1 213
1 527

Move here now

Estimated living cost  is £107 per week

£73
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.

Source of data for Tbilisi model

Close
Paris , France
£454
£462
£490
£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
-
-
-
1 650
income
-
-
-
262
other
-
-
-
51
health
-
-
-
71
social contributions
-
-
-
47
pensions
-
-
-
290
surtax
-
-
-
-
total
-
-
-
721
Employee
569
-
1 276
-
pensions
64
-
89
-
income
50
-
249
-
social contributions
16
-
36
-
surtax
-
-
-
-
total
130
-
374
-
Employer
569
-
1 276
-
health
40
-
119
-
social contributions
2
-
4
-
pensions
94
-
150
-
unemployment
23
-
52
-
other
20
-
50
-
total
179
-
375
-
Corporate
903
1 650
-
-
income
253
462
-
-
surtax
-
-
-
-
total
253
462
-
-
Dividends
650
1 188
-
-
social contributions
112
204
-
-
surtax
-
-
-
-
withholding
83
152
-
-
total
195
356
-
-
Income
1 650
1 650
1 650
1 650
Total tax
757
818
749
721
After tax
893
832
901
929
Living cost
439
439
439
439
Free-cash
454
393
462
490

Move here now

Estimated living cost  is £439 per week

£297
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.
£100
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

Source of data for Paris model

Close
Belgrade , Serbia
£990
£866
£865
£1036
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.

-
-
-
1 650
pensions
-
-
-
174
unemployment
-
-
-
10
income
-
-
-
375
health
-
-
-
69
total
-
-
-
628
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.

236
-
1 530
-
health
12
-
34
-
unemployment
2
-
5
-
pensions
33
-
94
-
income
33
-
375
-
total
80
-
508
-
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.

236
-
1 530
-
health
12
-
34
-
pensions
28
-
80
-
unemployment
2
-
5
-
total
42
-
119
-
Corporate
1 371
1 650
-
-
income
206
247
-
-
total
206
247
-
-
Dividends
1 166
1 403
-
-
withholding
175
210
-
-
total
175
210
-
-
Income
1 650
1 650
1 650
1 650
Total tax
503
457
627
628
After tax
1 147
1 193
1 023
1 022
Living cost
157
157
157
157
Free-cash
990
1 036
866
865

Move here now

Estimated living cost  is £157 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.
£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

Source of data for Belgrade model

Close
Zurich , Switzerland
£399
£632
£699
£136
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
-
-
-
1 650
pensions
-
-
-
152
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.

-
-
-
33
health
-
-
-
4
regional
-
-
-
89
national
-
-
-
37
total
-
-
-
332
Employee
724
-
1 481
-
health
2
-
3
-
unemployment
-
-
-
-
city
8
-
16
-
pensions
61
-
120
-
regional
24
-
78
-
national
3
-
29
-
total
98
-
246
-
Employer
724
-
1 481
-
health
2
-
3
-
pensions
61
-
120
-
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
-
30
-
total
77
-
153
-
Corporate
841
1 650
-
-
regional
178
349
-
-
national
72
140
-
-
total
250
489
-
-
Dividends
592
1 161
-
-
withholding
207
406
-
-
total
207
406
-
-
Income
1 650
1 650
1 650
1 650
Total tax
632
895
399
332
After tax
1 018
755
1 251
1 318
Living cost
619
619
619
619
Free-cash
399
136
632
699

Move here now

Estimated living cost  is £619 per week

£402
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.
£153
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.

Source of data for Zurich model

Close
Helsinki , Finland
£707
£513
£708
£682
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

-
-
-
1 650
municipal
-
-
-
293
health
-
-
-
22
national
-
-
-
278
total
-
-
-
593
Employee
478
-
1 388
-
health
4
-
18
-
unemployment
7
-
21
-
pensions
32
-
94
-
national
8
-
167
-
municipal
78
-
226
-
total
129
-
526
-
Employer
478
-
1 388
-
health
4
-
11
-
pensions
83
-
241
-
accident
-
-
1
-
unemployment
3
-
9
-
total
90
-
262
-
Corporate
1 082
1 650
-
-
income
216
330
-
-
total
216
330
-
-
Dividends

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

649
990
-
-
municipal
117
178
-
-
national
42
111
-
-
total
159
289
-
-
Income
1 650
1 650
1 650
1 650
Total tax
594
619
788
593
After tax
1 056
1 031
862
1 057
Living cost
349
349
349
349
Free-cash
707
682
513
708

Move here now

Estimated living cost  is £349 per week

£228
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.
£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

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.

Source of data for Helsinki model

Close
Brussels , Belgium
£455
£246
£385
£591
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
-
-
-
1 650
communal

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

-
-
-
85
social contributions
-
-
-
227
national
-
-
-
622
total
-
-
-
934
Employee

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

650
-
1 278
-
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.

31
-
60
-
communal

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

34
-
67
-
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.

49
-
96
-
national
200
-
466
-
total
320
-
700
-
Employer

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

650
-
1 278
-
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
-
79
-
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.

58
-
113
-
surtax
74
-
145
-
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
-
17
-
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
-
19
-
total
189
-
373
-
Corporate
811
1 650
-
-
income
162
330
-
-
surtax
3
7
-
-
total
165
337
-
-
Dividends
645
1 313
-
-
withholding

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

190
391
-
-
total
190
391
-
-
Income
1 650
1 650
1 650
1 650
Total tax
864
728
1 073
934
After tax
786
922
577
716
Living cost
331
331
331
331
Free-cash
455
591
246
385

Move here now

Estimated living cost  is £331 per week

£213
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.
£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

Source of data for Brussels model

Close
Stockholm , Sweden
£499
£450
£459
£508
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
-
-
-
1 650
unemployment
-
-
-
1
municipal
-
-
-
418
other
-
-
-
100
health
-
-
-
54
national
-
-
-
130
accident
-
-
-
2
pensions
-
-
-
93
total
-
-
-
798
Employee
561
-
1 379
-
national
-
-
125
-
municipal
167
-
411
-
total
167
-
536
-
Employer
561
-
1 379
-
health
34
-
53
-
pensions
61
-
93
-
accident
1
-
2
-
unemployment
15
-
23
-
other
65
-
100
-
total
176
-
271
-
Corporate
913
1 650
-
-
income
201
363
-
-
total
201
363
-
-
Dividends
712
1 287
-
-
withholding
214
386
-
-
total
214
386
-
-
Income
1 650
1 650
1 650
1 650
Total tax
758
749
807
798
After tax
892
901
843
852
Living cost
393
393
393
393
Free-cash
499
508
450
459

Move here now

Estimated living cost  is £393 per week

£261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£39
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

Source of data for Stockholm model

Close
Oslo , Norway
£85
£1080
£703
£567
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
-
-
-
1 650
income
-
-
-
322
social contributions
-
-
-
188
total
-
-
-
510
Employee
627
-
-
-
income
138
-
-
-
social contributions
51
-
7
-
total
189
-
7
-
Employer
627
-
-
-
social contributions
884
-
126
-
total
884
-
126
-
Corporate
140
1 650
-
-
income
31
363
-
-
total
31
363
-
-
Dividends
109
1 287
-
-
income
24
283
-
-
total
24
283
-
-
Income
1 650
1 650
1 650
1 650
Total tax
1 128
646
133
510
After tax
522
1 004
1 517
1 140
Living cost
437
437
437
437
Free-cash
85
567
1 080
703

Move here now

Estimated living cost  is £437 per week

£284
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

Source of data for Oslo model

Close
Limassol , Cyprus
£871
£816
£830
£908
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
-
-
-
1 650
income
-
-
-
336
health
-
-
-
42
social contributions
-
-
-
147
total
-
-
-
525
Employee
699
699
1 543
-
health
7
12
26
-
income
73
65
328
-
social contributions
34
58
78
-
total
114
135
432
-
Employer
699
699
1 543
-
health
8
13
29
-
social contributions
34
58
78
-
total
42
71
107
-
Corporate
1 199
880
-
-
income
150
110
-
-
total
150
110
-
-
Dividends
1 049
770
-
-
withholding
178
131
-
-
total
178
131
-
-
Income
1 650
1 650
1 650
1 650
Total tax
484
447
539
525
After tax
1 166
1 203
1 111
1 125
Living cost
295
295
295
295
Free-cash
871
908
816
830

Move here now

Estimated living cost  is £295 per week

£202
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

Source of data for Limassol model

Close
Edinburgh , United Kingdom
£796
£614
£762
£744
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
-
-
-
1 650
income
-
-
-
483
pensions
-
-
-
81
total
-
-
-
564
Employee
445
-
1 440
-
health
6
-
20
-
pensions
34
-
99
-
income
81
-
384
-
total
121
-
503
-
Employer
445
-
1 440
-
health
8
-
27
-
pensions
45
-
182
-
total
53
-
209
-
Corporate
1 151
1 650
-
-
income

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

219
314
-
-
total
219
314
-
-
Dividends
933
1 336
-
-
withholding
137
268
-
-
total
137
268
-
-
Income
1 650
1 650
1 650
1 650
Total tax
530
582
712
564
After tax
1 120
1 068
938
1 086
Living cost
324
324
324
324
Free-cash
796
744
614
762

Move here now

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.

Source of data for Edinburgh model

Close
Rome , Italy
£465
£332
£404
£507
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
-
-
-
1 650
municipal
-
-
-
11
regional
-
-
-
38
social contributions
-
-
-
424
national
-
-
-
411
total
-
-
-
884
Employee
766
-
1 650
-
social contributions
258
-
556
-
regional
12
-
34
-
national
129
-
356
-
municipal
5
-
10
-
total
404
-
956
-
Employer
766
-
1 650
-
total
-
-
-
-
Corporate
884
1 650
-
-
nationa
212
396
-
-
municipal
43
80
-
-
total
255
476
-
-
Dividends
629
1 174
-
-
withholding
164
305
-
-
total
164
305
-
-
Income
1 650
1 650
1 650
1 650
Total tax
823
781
956
884
After tax
827
869
694
766
Living cost
362
362
362
362
Free-cash
465
507
332
404

Move here now

Estimated living cost  is £362 per week

£254
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

Source of data for Rome model

Close
Gdansk , Poland
£104
£705
£934
-£60
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 650
pensions
-
-
-
37
income
-
-
-
461
other
-
-
-
3
health
-
-
-
19
accident
-
-
-
2
total
-
-
-
522
Employee
305
-
1 491
-
health
35
-
171
-
pensions
34
-
67
-
income
42
-
354
-
total
111
-
592
-
Employer
305
-
1 491
-
pensions
50
-
97
-
accident
5
-
25
-
unemployment
7
-
37
-
total
62
-
159
-
Corporate
1 283
1 650
-
-
income

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

1 155
1 485
-
-
total
1 155
1 485
-
-
Dividends
128
165
-
-
withholding
24
31
-
-
total
24
31
-
-
Income
1 650
1 650
1 650
1 650
Total tax
1 352
1 516
751
522
After tax
298
134
899
1 128
Living cost
194
194
194
194
Free-cash
104
-60
705
934

Move here now

Estimated living cost  is £194 per week

£142
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.

Source of data for Gdansk model

Close
Berlin , Germany
£617
£694
£518
£497
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.

-
-
-
1 650
trade
-
-
-
176
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.

-
-
-
515
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.

-
-
-
28
total
-
-
-
781
Employee

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

452
-
1 650
-
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
-
515
-
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
-
28
-
total
101
-
605
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 198
1 650
-
-
income
180
247
-
-
trade
172
237
-
-
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
-
-
chamber of commerce
3
4
-
-
total
365
502
-
-
Dividends
833
1 148
-
-
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
16
-
-
withholding
205
284
-
-
total
216
300
-
-
Income
1 650
1 650
1 650
1 650
Total tax
682
802
605
781
After tax
968
848
1 045
869
Living cost
351
351
351
351
Free-cash
617
497
694
518

Move here now

Estimated living cost  is £351 per week

£242
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.

Source of data for Berlin model

Close
Riga , Latvia
£1057
£508
£385
£1131
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.

-
-
-
1 650
income
-
-
-
307
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.

-
-
-
348
surtax
-
-
-
421
total
-
-
-
1 076
Employee
266
-
1 251
-
income
47
-
254
-
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
-
119
-
surtax
-
-
181
-
total
76
-
554
-
Employer
266
-
1 251
-
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
-
261
-
surtax
-
-
138
-
total
64
-
399
-
Corporate
1 320
1 650
-
-
income

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

264
330
-
-
total
264
330
-
-
Dividends

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

1 056
1 320
-
-
total
-
-
-
-
Income
1 650
1 650
1 650
1 650
Total tax
404
330
953
1 076
After tax
1 246
1 320
697
574
Living cost
189
189
189
189
Free-cash
1 057
1 131
508
385

Move here now

Estimated living cost  is £189 per week

£121
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

Source of data for Riga model

Close
Istanbul , Turkey
£898
£885
£894
£918
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
-
-
-
1 650
income
-
-
-
502
health
-
-
-
59
pensions
-
-
-
82
total
-
-
-
643
Employee
171
-
1 558
-
health
9
-
21
-
unemployment
2
-
4
-
pensions
15
-
37
-
income
33
-
498
-
total
59
-
560
-
Employer
171
-
1 558
-
health
16
-
39
-
pensions
19
-
45
-
unemployment
3
-
8
-
total
38
-
92
-
Corporate
1 440
1 650
-
-
income
317
363
-
-
total
317
363
-
-
Dividends
1 123
1 287
-
-
withholding
225
257
-
-
total
225
257
-
-
Income
1 650
1 650
1 650
1 650
Total tax
639
620
652
643
After tax
1 011
1 030
998
1 007
Living cost
112
112
112
112
Free-cash
898
918
885
894

Move here now

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

Source of data for Istanbul model

Close
Athens , Greece
£805
£521
£576
£834
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
-
-
-
1 650
pensions
-
-
-
243
unemployment
-
-
-
2
income
-
-
-
466
other
-
-
-
-
health
-
-
-
86
surtax
-
-
-
73
total
-
-
-
870
Employee
306
-
1 395
-
health
8
-
31
-
unemployment
21
-
84
-
pensions
20
-
81
-
income
51
-
412
-
other
-
-
-
-
surtax
1
-
62
-
total
101
-
670
-
Employer
306
-
1 395
-
health
14
-
55
-
pensions
41
-
162
-
unemployment
10
-
38
-
other
-
-
-
-
total
65
-
255
-
Corporate
1 279
1 650
-
-
income
333
429
-
-
total
333
429
-
-
Dividends
947
1 221
-
-
withholding
142
183
-
-
total
142
183
-
-
Income
1 650
1 650
1 650
1 650
Total tax
641
612
925
870
After tax
1 009
1 038
725
780
Living cost
204
204
204
204
Free-cash
805
834
521
576

Move here now

Estimated living cost  is £204 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

Source of data for Athens model

Close
Graz , Austria
£618
£146
£559
£623
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
-
-
-
1 650
pensions
-
-
-
196
chamber of commerce
-
-
-
7
unemployment
-
-
-
56
income
-
-
-
461
health
-
-
-
81
surtax
-
-
-
-
total
-
-
-
801
Employee
397
362
1 325
-
health
15
14
41
-
unemployment
12
11
32
-
pensions
41
37
109
-
income
35
27
373
-
other
4
4
11
-
total
107
93
566
-
Employer
397
362
1 325
-
health
15
14
40
-
pensions
50
45
133
-
surtax
-
-
-
-