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
£ 1700
per

Your estimated
City
free-cash

Valencia , Spain
£668
£707
£886
£845
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
-
-
-
1 700
income
-
-
-
498
accident
-
-
-
7
unemployment
-
-
-
6
pensions
-
-
-
235
other
-
-
-
1
total
-
-
-
747
Employee
331
-
1 436
-
other
-
-
1
-
income
64
-
468
-
unemployment
5
-
13
-
pensions
16
-
39
-
total
85
-
521
-
Employer
331
-
1 436
-
unemployment
18
-
46
-
pensions
78
-
196
-
other
3
-
7
-
accident
7
-
16
-
total
106
-
265
-
Corporate
1 264
1 700
-
-
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.

190
255
-
-
total
190
255
-
-
Dividends
1 074
1 445
-
-
withholding
228
313
-
-
total
228
313
-
-
Income
1 700
1 700
1 700
1 700
Total tax
609
568
786
747
After tax
1 091
1 132
914
953
Living cost
246
246
246
246
Free-cash
845
886
668
707

Estimated living cost  is £246 per week

£166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£24
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£52
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
£721
£736
£1011
£949
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
-
-
-
1 700
income
-
-
-
274
health
-
-
-
60
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

-
-
-
327
other
-
-
-
65
total
-
-
-
726
Employee
325
-
1 358
-
income
56
-
270
-
health
5
-
19
-
unemployment
3
-
14
-
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
-
95
-
total
87
-
398
-
Employer
325
-
1 358
-
unemployment
3
-
14
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

55
-
231
-
other
16
-
68
-
accident
3
-
11
-
health
5
-
19
-
total
82
-
343
-
Corporate
1 293
1 700
-
-
income
272
357
-
-
total
272
357
-
-
Dividends
1 022
1 343
-
-
withholding
72
94
-
-
total
72
94
-
-
Income
1 700
1 700
1 700
1 700
Total tax
513
451
741
726
After tax
1 187
1 249
959
974
Living cost
238
238
238
238
Free-cash
949
1 011
721
736

Estimated living cost  is £238 per week

£169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£16
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£50
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
£1314
£1245
£1336
£1294
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
-
-
-
1 700
income
-
-
-
255
health
-
-
-
36
unemployment
-
-
-
1
pensions

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

-
-
-
46
total
-
-
-
338
Employee
155
-
1 639
-
income
16
-
164
-
health
7
-
14
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
pensions

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

14
-
27
-
total
39
-
208
-
Employer
155
-
1 639
-
unemployment
1
-
2
-
pensions

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

17
-
34
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
health
11
-
22
-
total
31
-
61
-
Corporate
1 514
1 700
-
-
income
151
170
-
-
total
151
170
-
-
Dividends
1 363
1 530
-
-
withholding
68
77
-
-
total
68
77
-
-
Income
1 700
1 700
1 700
1 700
Total tax
289
247
269
338
After tax
1 411
1 453
1 431
1 362
Living cost
117
117
117
117
Free-cash
1 294
1 336
1 314
1 245

Estimated living cost  is £117 per week

£68
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£8
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£37
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
£614
£650
£550
£604
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
-
-
-
1 700
income
-
-
-
276
social contributions
-
-
-
48
health
-
-
-
76
surtax
-
-
-
-
pensions
-
-
-
291
other
-
-
-
53
total
-
-
-
744
Employee
383
-
1 310
-
income
23
-
260
-
social contributions
11
-
37
-
surtax
-
-
-
-
pensions
43
-
93
-
total
77
-
390
-
Employer
383
-
1 310
-
unemployment
16
-
53
-
social contributions
1
-
4
-
pensions
63
-
157
-
other
13
-
52
-
health
27
-
124
-
total
120
-
390
-
Corporate
1 197
1 700
-
-
income
335
476
-
-
surtax
-
-
-
-
total
335
476
-
-
Dividends
862
1 224
-
-
withholding
110
157
-
-
surtax
-
-
-
-
social contributions
148
211
-
-
total
258
368
-
-
Income
1 700
1 700
1 700
1 700
Total tax
790
844
780
744
After tax
910
856
920
956
Living cost
306
306
306
306
Free-cash
604
550
614
650

Estimated living cost  is £306 per week

£193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£83
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
£701
£555
£469
£414
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
-
-
-
1 700
income
-
-
-
555
health
-
-
-
110
pensions
-
-
-
105
total
-
-
-
770
Employee
764
764
1 534
-
income

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

125
125
243
-
health
117
100
110
-
pensions
138
105
105
-
total
380
330
458
-
Employer
764
764
1 534
-
unemployment
28
28
34
-
pensions
53
53
66
-
health
53
53
66
-
total
134
134
166
-
Corporate
811
802
-
-
income
162
160
-
-
total
162
160
-
-
Dividends
649
641
-
-
withholding
97
96
-
-
income
138
136
-
-
total
235
232
-
-
Income
1 700
1 700
1 700
1 700
Total tax
911
856
624
770
After tax
789
844
1 076
930
Living cost
375
375
375
375
Free-cash
414
469
701
555

Estimated living cost  is £375 per week

£266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£69
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
£799
£597
£586
£684
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
1 700
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.

-
-
-
539
health

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

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

-
-
-
61
trade
-
-
-
202
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.

-
-
-
30
total
-
-
-
832
Employee

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

342
-
1 700
-
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
-
539
-
health

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

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

61
-
61
-
surtax

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

1
-
30
-
total
72
-
630
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 358
1 700
-
-
chamber of commerce
3
4
-
-
income
204
255
-
-
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
-
-
trade
214
268
-
-
total
432
541
-
-
Dividends
926
1 159
-
-
withholding
228
286
-
-
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.

13
16
-
-
total
241
302
-
-
Income
1 700
1 700
1 700
1 700
Total tax
745
843
630
832
After tax
955
857
1 070
868
Living cost
271
271
271
271
Free-cash
684
586
799
597

Estimated living cost  is £271 per week

£171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£32
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Larnaca , Cyprus
£935
£949
£1032
£985
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
-
-
-
1 700
income
-
-
-
356
social contributions
-
-
-
145
health
-
-
-
43
total
-
-
-
544
Employee
688
688
1 593
-
income
75
64
348
-
social contributions
26
57
77
-
health
5
12
27
-
total
106
133
452
-
Employer
688
688
1 593
-
social contributions
26
57
77
-
health
6
13
29
-
total
32
70
106
-
Corporate
1 355
942
-
-
income
169
118
-
-
total
169
118
-
-
Dividends
1 185
824
-
-
withholding
201
140
-
-
total
201
140
-
-
Income
1 700
1 700
1 700
1 700
Total tax
508
461
558
544
After tax
1 192
1 239
1 142
1 156
Living cost
207
207
207
207
Free-cash
985
1 032
935
949

Estimated living cost  is £207 per week

£124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
£493
£621
£686
£677
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.

-
-
-
1 700
income
-
-
-
207
social contributions

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

-
-
-
591
surtax
-
-
-
-
total
-
-
-
798
Employee
412
-
1 374
-
income
86
-
449
-
social contributions
45
-
151
-
surtax
-
-
-
-
total
131
-
600
-
Employer
412
-
1 374
-
social contributions
98
-
326
-
total
98
-
326
-
Corporate
1 191
1 700
-
-
income
250
357
-
-
surtax
-
-
-
-
total
250
357
-
-
Dividends
941
1 343
-
-
withholding
263
376
-
-
total
263
376
-
-
Income
1 700
1 700
1 700
1 700
Total tax
742
733
926
798
After tax
958
967
774
902
Living cost
281
281
281
281
Free-cash
677
686
493
621

Estimated living cost  is £281 per week

£210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£49
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
£1293
£1616
£1548
£1535
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%.

-
-
-
1 700
microenterprise

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

-
-
-
17
total
-
-
-
17
Employee
84
-
1 700
-
income
17
-
340
-
total
17
-
340
-
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%.

1 616
1 700
-
-
total
-
-
-
-
Dividends
1 616
1 700
-
-
withholding
81
85
-
-
total
81
85
-
-
Income
1 700
1 700
1 700
1 700
Total tax
98
85
340
17
After tax
1 602
1 615
1 360
1 683
Living cost
67
67
67
67
Free-cash
1 535
1 548
1 293
1 616

Estimated living cost  is £67 per week

£41
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.
£18
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
£539
£583
£930
£856
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.

-
-
-
1 700
income
-
-
-
397
health
-
-
-
167
unemployment
-
-
-
3
pensions
-
-
-
310
total
-
-
-
877
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

396
-
1 471
-
income
68
-
367
-
health
26
-
95
-
unemployment
1
-
2
-
pensions
61
-
228
-
total
156
-
692
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

396
-
1 471
-
unemployment
-
-
1
-
pensions
35
-
130
-
health
26
-
98
-
total
61
-
229
-
Corporate
1 243
1 700
-
-
income
236
323
-
-
total
236
323
-
-
Dividends
1 006
1 377
-
-
withholding
151
207
-
-
total
151
207
-
-
Income
1 700
1 700
1 700
1 700
Total tax
604
530
921
877
After tax
1 096
1 170
779
823
Living cost
240
240
240
240
Free-cash
856
930
539
583

Estimated living cost  is £240 per week

£165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£55
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
£877
£1061
£733
£764
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.

-
-
-
1 700
income
-
-
-
255
health

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

-
-
-
59
total
-
-
-
314
Employee
411
-
1 659
-
social contributions
41
-
41
-
income
45
-
416
-
total
86
-
457
-
Employer
411
-
1 659
-
social contributions
41
-
41
-
total
41
-
41
-
Corporate
1 248
1 700
-
-
income
437
595
-
-
total
437
595
-
-
Dividends
811
1 105
-
-
social contributions
47
47
-
-
total
47
47
-
-
Income
1 700
1 700
1 700
1 700
Total tax
611
642
498
314
After tax
1 089
1 058
1 202
1 386
Living cost
325
325
325
325
Free-cash
764
733
877
1 061

Estimated living cost  is £325 per week

£214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£26
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£80
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
£862
£901
£847
£851
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
-
-
-
1 700
income
-
-
-
255
social contributions
-
-
-
235
health
-
-
-
119
total
-
-
-
609
Employee
303
-
1 700
-
income
51
-
294
-
social contributions
42
-
235
-
health
21
-
119
-
total
114
-
648
-
Employer
303
-
1 700
-
total
-
-
-
-
Corporate
1 397
1 700
-
-
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%.

70
85
-
-
total
70
85
-
-
Dividends
1 327
1 615
-
-
withholding
199
242
-
-
health
93
113
-
-
social contributions
183
223
-
-
total
475
578
-
-
Income
1 700
1 700
1 700
1 700
Total tax
659
663
648
609
After tax
1 041
1 037
1 052
1 091
Living cost
190
190
190
190
Free-cash
851
847
862
901

Estimated living cost  is £190 per week

£127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£47
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
£676
£749
£926
£839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 700
income
-
-
-
178
social contributions
-
-
-
285
solidarity contribution
-
-
-
15
health
-
-
-
229
total
-
-
-
707
Employee
359
-
1 335
-
solidarity contribution
-
-
8
-
income
43
-
164
-
social contributions
23
-
64
-
health
49
-
180
-
total
115
-
416
-
Employer
359
-
1 335
-
social contributions
90
-
244
-
health
32
-
120
-
total
122
-
364
-
Corporate
1 218
1 700
-
-
income
232
323
-
-
total
232
323
-
-
Dividends
987
1 377
-
-
withholding
148
207
-
-
total
148
207
-
-
Income
1 700
1 700
1 700
1 700
Total tax
617
530
780
707
After tax
1 083
1 170
920
993
Living cost
244
244
244
244
Free-cash
839
926
676
749

Estimated living cost  is £244 per week

£182
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.
£45
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
£1256
£1579
£1511
£1492
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%.

-
-
-
1 700
microenterprise

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

-
-
-
17
total
-
-
-
17
Employee
130
-
1 700
-
income
26
-
340
-
total
26
-
340
-
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%.

1 570
1 700
-
-
total
-
-
-
-
Dividends
1 570
1 700
-
-
withholding
78
85
-
-
total
78
85
-
-
Income
1 700
1 700
1 700
1 700
Total tax
104
85
340
17
After tax
1 596
1 615
1 360
1 683
Living cost
104
104
104
104
Free-cash
1 492
1 511
1 256
1 579

Estimated living cost  is £104 per week

£71
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£4
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£26
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
£488
£524
£424
£487
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
-
-
-
1 700
income
-
-
-
276
social contributions
-
-
-
48
health
-
-
-
76
surtax
-
-
-
-
pensions
-
-
-
291
other
-
-
-
53
total
-
-
-
744
Employee
561
-
1 310
-
income
49
-
260
-
social contributions
16
-
37
-
surtax
-
-
-
-
pensions
63
-
93
-
total
128
-
390
-
Employer
561
-
1 310
-
unemployment
23
-
53
-
social contributions
2
-
4
-
pensions
92
-
157
-
other
19
-
52
-
health
39
-
124
-
total
175
-
390
-
Corporate
964
1 700
-
-
income
270
476
-
-
surtax
-
-
-
-
total
270
476
-
-
Dividends
694
1 224
-
-
withholding
89
157
-
-
surtax
-
-
-
-
social contributions
119
211
-
-
total
208
368
-
-
Income
1 700
1 700
1 700
1 700
Total tax
781
844
780
744
After tax
919
856
920
956
Living cost
432
432
432
432
Free-cash
487
424
488
524

Estimated living cost  is £432 per week

£293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£35
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£98
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
£909
£909
£1074
£1029
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.

-
-
-
1 700
income
-
-
-
388
health
-
-
-
68
unemployment
-
-
-
10
pensions
-
-
-
171
total
-
-
-
637
Employee

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

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

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

233
-
1 582
-
income
32
-
388
-
health
12
-
34
-
unemployment
2
-
5
-
pensions
33
-
92
-
total
79
-
519
-
Employer

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

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

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

233
-
1 582
-
unemployment
2
-
5
-
pensions
28
-
79
-
health
12
-
34
-
total
42
-
118
-
Corporate
1 426
1 700
-
-
income
214
255
-
-
total
214
255
-
-
Dividends
1 212
1 445
-
-
withholding
182
217
-
-
total
182
217
-
-
Income
1 700
1 700
1 700
1 700
Total tax
517
472
637
637
After tax
1 183
1 228
1 063
1 063
Living cost
154
154
154
154
Free-cash
1 029
1 074
909
909

Estimated living cost  is £154 per week

£104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£34
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
£665
£731
£152
£420
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
-
-
-
1 700
regional
-
-
-
92
national
-
-
-
40
health
-
-
-
4
city
-
-
-
18
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.

-
-
-
34
pensions
-
-
-
156
total
-
-
-
344
Employee
731
-
1 527
-
regional
24
-
81
-
city
8
-
16
-
health
2
-
3
-
unemployment
-
-
-
-
national
3
-
32
-
pensions
61
-
122
-
total
98
-
254
-
Employer
731
-
1 527
-
unemployment
-
-
-
-
pensions
61
-
122
-
other

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

15
-
31
-
health
2
-
3
-
total
78
-
156
-
Corporate
883
1 700
-
-
regional
187
360
-
-
national
75
144
-
-
total
262
504
-
-
Dividends
621
1 196
-
-
withholding
217
419
-
-
total
217
419
-
-
Income
1 700
1 700
1 700
1 700
Total tax
655
923
410
344
After tax
1 045
777
1 290
1 356
Living cost
625
625
625
625
Free-cash
420
152
665
731

Estimated living cost  is £625 per week

£406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£56
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Helsinki , Finland
£541
£735
£713
£738
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
1 700
municipal
-
-
-
302
national
-
-
-
297
health
-
-
-
22
total
-
-
-
621
Employee
471
-
1 430
-
health
4
-
18
-
unemployment
7
-
21
-
national
8
-
177
-
municipal
77
-
233
-
pensions
32
-
97
-
total
128
-
546
-
Employer
471
-
1 430
-
unemployment
3
-
9
-
pensions
82
-
248
-
accident
-
-
1
-
health
4
-
11
-
total
89
-
269
-
Corporate
1 140
1 700
-
-
income
228
340
-
-
total
228
340
-
-
Dividends

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

684
1 020
-
-
national
50
119
-
-
municipal
123
184
-
-
total
173
303
-
-
Income
1 700
1 700
1 700
1 700
Total tax
618
643
815
621
After tax
1 082
1 057
885
1 079
Living cost
344
344
344
344
Free-cash
738
713
541
735

Estimated living cost  is £344 per week

£224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£33
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£81
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
£266
£412
£624
£491
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 700
national
-
-
-
650
social contributions
-
-
-
223
communal

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

-
-
-
89
total
-
-
-
962
Employee

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

640
-
1 317
-
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
-
62
-
communal

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

33
-
69
-
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
-
national
197
-
484
-
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
-
99
-
total
314
-
725
-
Employer

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

640
-
1 317
-
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
-
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
-
117
-
surtax
73
-
149
-
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
-
health

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

39
-
81
-
total
186
-
383
-
Corporate
873
1 700
-
-
income
175
340
-
-
surtax
3
7
-
-
total
178
347
-
-
Dividends
695
1 353
-
-
withholding

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

205
403
-
-
total
205
403
-
-
Income
1 700
1 700
1 700
1 700
Total tax
883
750
1 108
962
After tax
817
950
592
738
Living cost
326
326
326
326
Free-cash
491
624
266
412

Estimated living cost  is £326 per week

£210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£29
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£82
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
£489
£497
£558
£550
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
-
-
-
1 700
municipal
-
-
-
437
national
-
-
-
160
health
-
-
-
51
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
88
other
-
-
-
94
total
-
-
-
833
Employee
527
-
1 445
-
national
-
-
155
-
municipal
157
-
431
-
total
157
-
586
-
Employer
527
-
1 445
-
unemployment
14
-
21
-
pensions
57
-
88
-
other
61
-
94
-
accident
1
-
2
-
health
32
-
50
-
total
165
-
255
-
Corporate
1 008
1 700
-
-
income
222
374
-
-
total
222
374
-
-
Dividends
786
1 326
-
-
withholding
236
398
-
-
total
236
398
-
-
Income
1 700
1 700
1 700
1 700
Total tax
780
772
841
833
After tax
920
928
859
867
Living cost
370
370
370
370
Free-cash
550
558
489
497

Estimated living cost  is £370 per week

£245
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.
£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
Oslo , Norway
£1167
£767
£626
£176
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
-
-
-
1 700
income
-
-
-
331
social contributions
-
-
-
194
total
-
-
-
525
Employee
586
-
-
-
income
129
-
-
-
social contributions
48
-
7
-
total
177
-
7
-
Employer
586
-
-
-
social contributions
826
-
118
-
total
826
-
118
-
Corporate
289
1 700
-
-
income
63
374
-
-
total
63
374
-
-
Dividends
225
1 326
-
-
income
50
292
-
-
total
50
292
-
-
Income
1 700
1 700
1 700
1 700
Total tax
1 116
666
125
525
After tax
584
1 034
1 575
1 175
Living cost
408
408
408
408
Free-cash
176
626
1 167
767

Estimated living cost  is £408 per week

£265
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.
£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
Limassol , Cyprus
£852
£866
£949
£914
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
-
-
-
1 700
income
-
-
-
356
social contributions
-
-
-
145
health
-
-
-
43
total
-
-
-
544
Employee
688
688
1 593
-
income
72
64
348
-
social contributions
33
57
77
-
health
7
12
27
-
total
112
133
452
-
Employer
688
688
1 593
-
social contributions
33
57
77
-
health
7
13
29
-
total
40
70
106
-
Corporate
1 256
942
-
-
income
157
118
-
-
total
157
118
-
-
Dividends
1 099
824
-
-
withholding
187
140
-
-
total
187
140
-
-
Income
1 700
1 700
1 700
1 700
Total tax
496
461
558
544
After tax
1 204
1 239
1 142
1 156
Living cost
290
290
290
290
Free-cash
914
949
852
866

Estimated living cost  is £290 per week

£198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£23
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
£639
£791
£771
£824
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
-
-
-
1 700
income
-
-
-
503
pensions
-
-
-
82
total
-
-
-
585
Employee
445
-
1 484
-
income
81
-
401
-
health
6
-
21
-
pensions
34
-
99
-
total
121
-
521
-
Employer
445
-
1 484
-
pensions
45
-
188
-
health
8
-
28
-
total
53
-
216
-
Corporate
1 201
1 700
-
-
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.

228
323
-
-
total
228
323
-
-
Dividends
973
1 377
-
-
withholding
150
282
-
-
total
150
282
-
-
Income
1 700
1 700
1 700
1 700
Total tax
552
605
737
585
After tax
1 148
1 095
963
1 115
Living cost
324
324
324
324
Free-cash
824
771
639
791

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
£354
£429
£538
£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
-
-
-
1 700
municipal
-
-
-
11
regional
-
-
-
39
national
-
-
-
427
social contributions
-
-
-
437
total
-
-
-
914
Employee
754
-
1 700
-
regional
11
-
35
-
social contributions
254
-
573
-
national
127
-
371
-
municipal
5
-
10
-
total
397
-
989
-
Employer
754
-
1 700
-
total
-
-
-
-
Corporate
946
1 700
-
-
nationa
227
408
-
-
municipal
46
82
-
-
total
273
490
-
-
Dividends
673
1 210
-
-
withholding
175
315
-
-
total
175
315
-
-
Income
1 700
1 700
1 700
1 700
Total tax
845
805
989
914
After tax
855
895
711
786
Living cost
357
357
357
357
Free-cash
498
538
354
429

Estimated living cost  is £357 per week

£250
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£76
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
£742
£975
-£49
£109
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
-
-
-
1 700
income
-
-
-
479
health
-
-
-
19
accident
-
-
-
2
pensions
-
-
-
35
other
-
-
-
3
total
-
-
-
538
Employee
294
-
1 543
-
income
40
-
371
-
health
34
-
177
-
pensions
33
-
65
-
total
107
-
613
-
Employer
294
-
1 543
-
unemployment
7
-
38
-
pensions
48
-
94
-
accident
5
-
26
-
total
60
-
158
-
Corporate
1 346
1 700
-
-
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.

1 211
1 530
-
-
total
1 211
1 530
-
-
Dividends
135
170
-
-
withholding
26
32
-
-
total
26
32
-
-
Income
1 700
1 700
1 700
1 700
Total tax
1 404
1 562
771
538
After tax
296
138
929
1 162
Living cost
187
187
187
187
Free-cash
109
-49
742
975

Estimated living cost  is £187 per week

£137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£10
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£36
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
£724
£540
£529
£646
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.

-
-
-
1 700
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.

-
-
-
539
health

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

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

-
-
-
61
trade
-
-
-
184
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.

-
-
-
30
total
-
-
-
814
Employee

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

445
-
1 700
-
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
-
539
-
health

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

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

61
-
61
-
surtax

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

2
-
30
-
total
100
-
630
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 255
1 700
-
-
chamber of commerce
3
4
-
-
income
188
255
-
-
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
-
-
trade
180
244
-
-
total
381
517
-
-
Dividends
873
1 183
-
-
withholding
215
292
-
-
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
16
-
-
total
227
308
-
-
Income
1 700
1 700
1 700
1 700
Total tax
708
825
630
814
After tax
992
875
1 070
886
Living cost
346
346
346
346
Free-cash
646
529
724
540

Estimated living cost  is £346 per week

£238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£37
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£65
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Riga , Latvia
£536
£411
£1174
£1100
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.

-
-
-
1 700
microenterprise
-
-
-
-
income
-
-
-
326
social contributions

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

-
-
-
343
surtax
-
-
-
434
total
-
-
-
1 103
Employee
262
-
1 300
-
income
47
-
272
-
social contributions

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

29
-
117
-
surtax
-
-
189
-
total
76
-
578
-
Employer
262
-
1 300
-
social contributions

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

63
-
257
-
surtax
-
-
143
-
total
63
-
400
-
Corporate
1 375
1 700
-
-
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%.

275
340
-
-
total
275
340
-
-
Dividends

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

1 100
1 360
-
-
total
-
-
-
-
Income
1 700
1 700
1 700
1 700
Total tax
414
340
978
1 103
After tax
1 286
1 360
722
597
Living cost
186
186
186
186
Free-cash
1 100
1 174
536
411

Estimated living cost  is £186 per week

£119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£45
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
£914
£921
£945
£926
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
-
-
-
1 700
income
-
-
-
517
health
-
-
-
61
pensions
-
-
-
85
total
-
-
-
663
Employee
176
-
1 605
-
income
34
-
513
-
health
9
-
21
-
unemployment
2
-
4
-
pensions
16
-
38
-
total
61
-
576
-
Employer
176
-
1 605
-
unemployment
4
-
8
-
pensions
19
-
46
-
health
17
-
40
-
total
40
-
94
-
Corporate
1 484
1 700
-
-
income
326
374
-
-
total
326
374
-
-
Dividends
1 157
1 326
-
-
withholding
231
265
-
-
total
231
265
-
-
Income
1 700
1 700
1 700
1 700
Total tax
658
639
670
663
After tax
1 042
1 061
1 030
1 037
Living cost
116
116
116
116
Free-cash
926
945
914
921

Estimated living cost  is £116 per week

£69
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£9
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£35
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
£548
£601
£868
£839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 700
income
-
-
-
493
health
-
-
-
85
unemployment
-
-
-
2
surtax
-
-
-
79
pensions
-
-
-
239
other
-
-
-
-
total
-
-
-
898
Employee
301
-
1 449
-
other
-
-
-
-
income
51
-
439
-
health
8
-
30
-
unemployment
21
-
83
-
surtax
1
-
68
-
pensions
20
-
80
-
total
101
-
700
-
Employer
301
-
1 449
-
unemployment
10
-
38
-
pensions
40
-
159
-
other
-
-
-
-
health
14
-
54
-
total
64
-
251
-
Corporate
1 335
1 700
-
-
income
347
442
-
-
total
347
442
-
-
Dividends
988
1 258
-
-
withholding
148
189
-
-
total
148
189
-
-
Income
1 700
1 700
1 700
1 700
Total tax
660
631
951
898
After tax
1 040
1 069
749
802
Living cost
201
201
201
201
Free-cash
839
868
548
601

Estimated living cost  is £201 per week

£121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
£164
£589
£653
£648
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 700
income
-
-
-
490
chamber of commerce
-
-
-
7
health
-
-
-
80
unemployment
-
-
-
55
surtax
-
-
-
-
pensions
-
-
-
193
total
-
-
-
825
Employee
391
357
1 375
-
other
4
4
10
-
income
35
26
401
-
health
15
14
40
-
unemployment
12
11
31
-
pensions
40
37
107
-
total
106
92
589
-
Employer
391
357
1 375
-
unemployment
12
11
31
-
chamber of commerce
2
1
6
-
pensions
49
45
131
-