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
£ 1750
per

Your estimated
City
free-cash

Valencia , Spain
£699
£736
£921
£880
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
-
-
-
1 750
income
-
-
-
523
accident
-
-
-
7
unemployment
-
-
-
6
pensions
-
-
-
233
other
-
-
-
1
total
-
-
-
770
Employee
328
-
1 488
-
other
-
-
1
-
income
63
-
492
-
unemployment
5
-
13
-
pensions
15
-
39
-
total
83
-
545
-
Employer
328
-
1 488
-
unemployment
18
-
45
-
pensions
78
-
194
-
other
3
-
7
-
accident
7
-
16
-
total
106
-
262
-
Corporate
1 317
1 750
-
-
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.

198
262
-
-
total
198
262
-
-
Dividends
1 119
1 488
-
-
withholding
239
323
-
-
total
239
323
-
-
Income
1 750
1 750
1 750
1 750
Total tax
626
585
807
770
After tax
1 124
1 165
943
980
Living cost
244
244
244
244
Free-cash
880
921
699
736

Estimated living cost  is £244 per week

£165
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.
£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
£760
£778
£1048
£987
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
-
-
-
1 750
income
-
-
-
288
health
-
-
-
59
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.

-
-
-
324
other
-
-
-
64
total
-
-
-
735
Employee
323
-
1 409
-
income
56
-
283
-
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
-
411
-
Employer
323
-
1 409
-
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
-
230
-
other
16
-
68
-
accident
3
-
11
-
health
5
-
19
-
total
82
-
342
-
Corporate
1 346
1 750
-
-
income
283
368
-
-
total
283
368
-
-
Dividends
1 063
1 382
-
-
withholding
74
97
-
-
total
74
97
-
-
Income
1 750
1 750
1 750
1 750
Total tax
526
465
753
735
After tax
1 224
1 285
997
1 015
Living cost
237
237
237
237
Free-cash
987
1 048
760
778

Estimated living cost  is £237 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.
£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
£1361
£1288
£1380
£1338
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
-
-
-
1 750
income
-
-
-
263
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
-
-
-
346
Employee
154
-
1 689
-
income
15
-
169
-
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
38
-
213
-
Employer
154
-
1 689
-
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
-
21
-
total
31
-
60
-
Corporate
1 565
1 750
-
-
income
157
175
-
-
total
157
175
-
-
Dividends
1 409
1 575
-
-
withholding
70
79
-
-
total
70
79
-
-
Income
1 750
1 750
1 750
1 750
Total tax
296
254
273
346
After tax
1 454
1 496
1 477
1 404
Living cost
116
116
116
116
Free-cash
1 338
1 380
1 361
1 288

Estimated living cost  is £116 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
£637
£675
£578
£632
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
-
-
-
1 750
income
-
-
-
293
social contributions
-
-
-
50
health
-
-
-
80
surtax
-
-
-
-
pensions
-
-
-
294
other
-
-
-
54
total
-
-
-
771
Employee
380
-
1 346
-
income
22
-
269
-
social contributions
11
-
38
-
surtax
-
-
-
-
pensions
43
-
97
-
total
76
-
404
-
Employer
380
-
1 346
-
unemployment
15
-
55
-
social contributions
1
-
4
-
pensions
62
-
163
-
other
13
-
54
-
health
27
-
129
-
total
118
-
405
-
Corporate
1 251
1 750
-
-
income
350
490
-
-
surtax
-
-
-
-
total
350
490
-
-
Dividends
901
1 260
-
-
withholding
115
161
-
-
surtax
-
-
-
-
social contributions
155
217
-
-
total
270
378
-
-
Income
1 750
1 750
1 750
1 750
Total tax
814
868
809
771
After tax
936
882
941
979
Living cost
304
304
304
304
Free-cash
632
578
637
675

Estimated living cost  is £304 per week

£192
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.
£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
Rotterdam , Netherlands
£740
£581
£497
£442
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
-
-
-
1 750
income
-
-
-
583
health
-
-
-
110
pensions
-
-
-
104
total
-
-
-
797
Employee
759
759
1 585
-
income

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

124
124
258
-
health
116
99
110
-
pensions
137
104
104
-
total
377
327
472
-
Employer
759
759
1 585
-
unemployment
27
27
34
-
pensions
53
53
66
-
health
53
53
66
-
total
133
133
166
-
Corporate
868
859
-
-
income
174
172
-
-
total
174
172
-
-
Dividends
694
687
-
-
withholding
104
103
-
-
income
148
146
-
-
total
252
249
-
-
Income
1 750
1 750
1 750
1 750
Total tax
936
881
638
797
After tax
814
869
1 112
953
Living cost
372
372
372
372
Free-cash
442
497
740
581

Estimated living cost  is £372 per week

£264
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
£828
£617
£614
£711
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.

-
-
-
1 750
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.

-
-
-
561
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
-
-
-
211
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.

-
-
-
31
total
-
-
-
864
Employee

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

340
-
1 750
-
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.

9
-
561
-
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
-
31
-
total
71
-
653
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 410
1 750
-
-
chamber of commerce
3
4
-
-
income
212
262
-
-
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
14
-
-
trade
222
276
-
-
total
449
556
-
-
Dividends
962
1 194
-
-
withholding
237
295
-
-
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
250
311
-
-
Income
1 750
1 750
1 750
1 750
Total tax
770
867
653
864
After tax
980
883
1 097
886
Living cost
269
269
269
269
Free-cash
711
614
828
617

Estimated living cost  is £269 per week

£169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£31
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.
£63
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
£967
£980
£1069
£1022
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
-
-
-
1 750
income
-
-
-
375
social contributions
-
-
-
144
health
-
-
-
45
total
-
-
-
564
Employee
683
683
1 643
-
income
74
63
367
-
social contributions
26
57
76
-
health
5
12
28
-
total
105
132
471
-
Employer
683
683
1 643
-
social contributions
26
57
76
-
health
6
13
30
-
total
32
70
106
-
Corporate
1 407
998
-
-
income
176
125
-
-
total
176
125
-
-
Dividends
1 231
873
-
-
withholding
209
148
-
-
total
209
148
-
-
Income
1 750
1 750
1 750
1 750
Total tax
522
475
577
564
After tax
1 228
1 275
1 173
1 186
Living cost
206
206
206
206
Free-cash
1 022
1 069
967
980

Estimated living cost  is £206 per week

£123
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
£513
£646
£716
£708
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.

-
-
-
1 750
income
-
-
-
217
social contributions

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

-
-
-
608
surtax
-
-
-
-
total
-
-
-
825
Employee
409
-
1 414
-
income
85
-
466
-
social contributions
45
-
156
-
surtax
-
-
-
-
total
130
-
622
-
Employer
409
-
1 414
-
social contributions
97
-
336
-
total
97
-
336
-
Corporate
1 244
1 750
-
-
income
261
368
-
-
surtax
-
-
-
-
total
261
368
-
-
Dividends
983
1 382
-
-
withholding
275
387
-
-
total
275
387
-
-
Income
1 750
1 750
1 750
1 750
Total tax
763
755
958
825
After tax
987
995
792
925
Living cost
279
279
279
279
Free-cash
708
716
513
646

Estimated living cost  is £279 per week

£208
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.
£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
£1333
£1666
£1595
£1583
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%.

-
-
-
1 750
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
83
-
1 750
-
income
17
-
350
-
total
17
-
350
-
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%.

1 667
1 750
-
-
total
-
-
-
-
Dividends
1 667
1 750
-
-
withholding
83
88
-
-
total
83
88
-
-
Income
1 750
1 750
1 750
1 750
Total tax
100
88
350
17
After tax
1 650
1 662
1 400
1 733
Living cost
67
67
67
67
Free-cash
1 583
1 595
1 333
1 666

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
£560
£600
£966
£893
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.

-
-
-
1 750
income
-
-
-
417
health
-
-
-
172
unemployment
-
-
-
3
pensions
-
-
-
320
total
-
-
-
912
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.

393
-
1 514
-
income
68
-
381
-
health
25
-
98
-
unemployment
1
-
2
-
pensions
61
-
235
-
total
155
-
716
-
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.

393
-
1 514
-
unemployment
-
-
1
-
pensions
35
-
134
-
health
26
-
101
-
total
61
-
236
-
Corporate
1 296
1 750
-
-
income
246
333
-
-
total
246
333
-
-
Dividends
1 050
1 417
-
-
withholding
157
213
-
-
total
157
213
-
-
Income
1 750
1 750
1 750
1 750
Total tax
619
546
952
912
After tax
1 131
1 204
798
838
Living cost
238
238
238
238
Free-cash
893
966
560
600

Estimated living cost  is £238 per week

£164
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
£911
£1108
£768
£799
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.

-
-
-
1 750
income
-
-
-
262
health

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

-
-
-
58
total
-
-
-
320
Employee
408
-
1 709
-
social contributions
41
-
41
-
income
44
-
435
-
total
85
-
476
-
Employer
408
-
1 709
-
social contributions
41
-
41
-
total
41
-
41
-
Corporate
1 302
1 750
-
-
income
456
613
-
-
total
456
613
-
-
Dividends
846
1 137
-
-
social contributions
47
47
-
-
total
47
47
-
-
Income
1 750
1 750
1 750
1 750
Total tax
629
660
517
320
After tax
1 121
1 090
1 233
1 430
Living cost
322
322
322
322
Free-cash
799
768
911
1 108

Estimated living cost  is £322 per week

£212
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.
£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
£895
£937
£881
£885
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 750
income
-
-
-
262
social contributions
-
-
-
241
health
-
-
-
122
total
-
-
-
625
Employee
301
-
1 750
-
income
50
-
304
-
social contributions
42
-
241
-
health
21
-
122
-
total
113
-
667
-
Employer
301
-
1 750
-
total
-
-
-
-
Corporate
1 449
1 750
-
-
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%.

72
87
-
-
total
72
87
-
-
Dividends
1 376
1 663
-
-
withholding
206
249
-
-
health
96
116
-
-
social contributions
190
229
-
-
total
492
594
-
-
Income
1 750
1 750
1 750
1 750
Total tax
677
681
667
625
After tax
1 073
1 069
1 083
1 125
Living cost
188
188
188
188
Free-cash
885
881
895
937

Estimated living cost  is £188 per week

£126
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.
£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
Prague , Czech Republic
£707
£783
£961
£875
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
-
-
-
1 750
income
-
-
-
184
social contributions
-
-
-
285
solidarity contribution
-
-
-
18
health
-
-
-
236
total
-
-
-
723
Employee
359
-
1 382
-
solidarity contribution
-
-
11
-
income
43
-
170
-
social contributions
23
-
63
-
health
48
-
187
-
total
114
-
431
-
Employer
359
-
1 382
-
social contributions
90
-
244
-
health
32
-
124
-
total
122
-
368
-
Corporate
1 270
1 750
-
-
income
241
332
-
-
total
241
332
-
-
Dividends
1 028
1 418
-
-
withholding
154
213
-
-
total
154
213
-
-
Income
1 750
1 750
1 750
1 750
Total tax
631
545
799
723
After tax
1 119
1 205
951
1 027
Living cost
244
244
244
244
Free-cash
875
961
707
783

Estimated living cost  is £244 per week

£181
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
£1296
£1629
£1558
£1539
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%.

-
-
-
1 750
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
-
1 750
-
income
26
-
350
-
total
26
-
350
-
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%.

1 620
1 750
-
-
total
-
-
-
-
Dividends
1 620
1 750
-
-
withholding
81
88
-
-
total
81
88
-
-
Income
1 750
1 750
1 750
1 750
Total tax
107
88
350
17
After tax
1 643
1 662
1 400
1 733
Living cost
104
104
104
104
Free-cash
1 539
1 558
1 296
1 629

Estimated living cost  is £104 per week

£70
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
£512
£550
£453
£513
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
-
-
-
1 750
income
-
-
-
293
social contributions
-
-
-
50
health
-
-
-
80
surtax
-
-
-
-
pensions
-
-
-
294
other
-
-
-
54
total
-
-
-
771
Employee
556
-
1 346
-
income
49
-
269
-
social contributions
16
-
38
-
surtax
-
-
-
-
pensions
63
-
97
-
total
128
-
404
-
Employer
556
-
1 346
-
unemployment
23
-
55
-
social contributions
2
-
4
-
pensions
91
-
163
-
other
19
-
54
-
health
39
-
129
-
total
174
-
405
-
Corporate
1 020
1 750
-
-
income
286
490
-
-
surtax
-
-
-
-
total
286
490
-
-
Dividends
734
1 260
-
-
withholding
94
161
-
-
surtax
-
-
-
-
social contributions
126
217
-
-
total
220
378
-
-
Income
1 750
1 750
1 750
1 750
Total tax
808
868
809
771
After tax
942
882
941
979
Living cost
429
429
429
429
Free-cash
513
453
512
550

Estimated living cost  is £429 per week

£290
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
£947
£949
£1112
£1067
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.

-
-
-
1 750
income
-
-
-
401
health
-
-
-
67
unemployment
-
-
-
10
pensions
-
-
-
170
total
-
-
-
648
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.

231
-
1 633
-
income
32
-
401
-
health
12
-
34
-
unemployment
2
-
5
-
pensions
32
-
92
-
total
78
-
532
-
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.

231
-
1 633
-
unemployment
2
-
5
-
pensions
28
-
79
-
health
12
-
34
-
total
42
-
118
-
Corporate
1 478
1 750
-
-
income
222
262
-
-
total
222
262
-
-
Dividends
1 256
1 488
-
-
withholding
188
223
-
-
total
188
223
-
-
Income
1 750
1 750
1 750
1 750
Total tax
530
485
650
648
After tax
1 220
1 265
1 100
1 102
Living cost
153
153
153
153
Free-cash
1 067
1 112
947
949

Estimated living cost  is £153 per week

£103
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
£704
£771
£178
£443
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 750
regional
-
-
-
96
national
-
-
-
43
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.

-
-
-
35
pensions
-
-
-
161
total
-
-
-
357
Employee
728
-
1 573
-
regional
24
-
85
-
city
8
-
17
-
health
2
-
4
-
unemployment
-
-
-
-
national
3
-
35
-
pensions
61
-
124
-
total
98
-
265
-
Employer
728
-
1 573
-
unemployment
-
-
-
-
pensions
61
-
124
-
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
-
4
-
total
78
-
159
-
Corporate
937
1 750
-
-
regional
198
370
-
-
national
80
149
-
-
total
278
519
-
-
Dividends
659
1 231
-
-
withholding
231
431
-
-
total
231
431
-
-
Income
1 750
1 750
1 750
1 750
Total tax
685
950
424
357
After tax
1 065
800
1 326
1 393
Living cost
622
622
622
622
Free-cash
443
178
704
771

Estimated living cost  is £622 per week

£404
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.
£154
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
£561
£761
£744
£770
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

-
-
-
1 750
municipal
-
-
-
311
national
-
-
-
314
health
-
-
-
23
total
-
-
-
648
Employee
467
-
1 472
-
health
3
-
19
-
unemployment
7
-
22
-
national
8
-
191
-
municipal
77
-
240
-
pensions
32
-
99
-
total
127
-
571
-
Employer
467
-
1 472
-
unemployment
3
-
10
-
pensions
81
-
255
-
accident
-
-
1
-
health
4
-
11
-
total
88
-
277
-
Corporate
1 194
1 750
-
-
income
239
350
-
-
total
239
350
-
-
Dividends

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

717
1 050
-
-
national
56
126
-
-
municipal
129
189
-
-
total
185
315
-
-
Income
1 750
1 750
1 750
1 750
Total tax
639
665
848
648
After tax
1 111
1 085
902
1 102
Living cost
341
341
341
341
Free-cash
770
744
561
761

Estimated living cost  is £341 per week

£223
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.
£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

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
£280
£436
£650
£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
-
-
-
1 750
national
-
-
-
677
social contributions
-
-
-
221
communal

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

-
-
-
92
total
-
-
-
990
Employee

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

635
-
1 355
-
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
-
64
-
communal

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

33
-
71
-
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
-
12
-
national
195
-
502
-
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
-
102
-
total
312
-
751
-
Employer

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

635
-
1 355
-
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
-
20
-
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.

56
-
120
-
surtax
72
-
154
-
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
-
18
-
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
-
83
-
total
184
-
395
-
Corporate
930
1 750
-
-
income
186
356
-
-
surtax
4
7
-
-
total
190
363
-
-
Dividends
740
1 387
-
-
withholding

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

219
413
-
-
total
219
413
-
-
Income
1 750
1 750
1 750
1 750
Total tax
905
776
1 146
990
After tax
845
974
604
760
Living cost
324
324
324
324
Free-cash
521
650
280
436

Estimated living cost  is £324 per week

£209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£28
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
£516
£524
£591
£583
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 750
municipal
-
-
-
453
national
-
-
-
175
health
-
-
-
50
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
87
other
-
-
-
93
total
-
-
-
861
Employee
520
-
1 499
-
national
-
-
170
-
municipal
155
-
447
-
total
155
-
617
-
Employer
520
-
1 499
-
unemployment
14
-
21
-
pensions
56
-
87
-
other
60
-
93
-
accident
1
-
2
-
health
32
-
49
-
total
163
-
252
-
Corporate
1 066
1 750
-
-
income
235
385
-
-
total
235
385
-
-
Dividends
832
1 365
-
-
withholding
249
409
-
-
total
249
409
-
-
Income
1 750
1 750
1 750
1 750
Total tax
802
794
869
861
After tax
948
956
881
889
Living cost
365
365
365
365
Free-cash
583
591
516
524

Estimated living cost  is £365 per week

£242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£36
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£82
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
£1221
£804
£660
£213
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
-
-
-
1 750
income
-
-
-
341
social contributions
-
-
-
200
total
-
-
-
541
Employee
581
-
-
-
income
128
-
-
-
social contributions
48
-
7
-
total
176
-
7
-
Employer
581
-
-
-
social contributions
819
-
117
-
total
819
-
117
-
Corporate
350
1 750
-
-
income
77
385
-
-
total
77
385
-
-
Dividends
273
1 365
-
-
income
60
300
-
-
total
60
300
-
-
Income
1 750
1 750
1 750
1 750
Total tax
1 132
685
124
541
After tax
618
1 065
1 626
1 209
Living cost
405
405
405
405
Free-cash
213
660
1 221
804

Estimated living cost  is £405 per week

£263
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.
£99
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
£885
£898
£987
£951
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
-
-
-
1 750
income
-
-
-
375
social contributions
-
-
-
144
health
-
-
-
45
total
-
-
-
564
Employee
683
683
1 643
-
income
72
63
367
-
social contributions
33
57
76
-
health
7
12
28
-
total
112
132
471
-
Employer
683
683
1 643
-
social contributions
33
57
76
-
health
7
13
30
-
total
40
70
106
-
Corporate
1 310
998
-
-
income
164
125
-
-
total
164
125
-
-
Dividends
1 146
873
-
-
withholding
195
148
-
-
total
195
148
-
-
Income
1 750
1 750
1 750
1 750
Total tax
511
475
577
564
After tax
1 239
1 275
1 173
1 186
Living cost
288
288
288
288
Free-cash
951
987
885
898

Estimated living cost  is £288 per week

£197
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
£664
£820
£799
£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
-
-
-
1 750
income
-
-
-
523
pensions
-
-
-
83
total
-
-
-
606
Employee
445
-
1 527
-
income
81
-
418
-
health
6
-
21
-
pensions
34
-
100
-
total
121
-
539
-
Employer
445
-
1 527
-
pensions
45
-
194
-
health
8
-
29
-
total
53
-
223
-
Corporate
1 251
1 750
-
-
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.

238
332
-
-
total
238
332
-
-
Dividends
1 014
1 418
-
-
withholding
164
295
-
-
total
164
295
-
-
Income
1 750
1 750
1 750
1 750
Total tax
576
627
762
606
After tax
1 174
1 123
988
1 144
Living cost
324
324
324
324
Free-cash
850
799
664
820

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
£377
£452
£568
£529
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
-
-
-
1 750
municipal
-
-
-
12
regional
-
-
-
41
national
-
-
-
446
social contributions
-
-
-
445
total
-
-
-
944
Employee
749
-
1 750
-
regional
11
-
36
-
social contributions
252
-
583
-
national
127
-
389
-
municipal
4
-
11
-
total
394
-
1 019
-
Employer
749
-
1 750
-
total
-
-
-
-
Corporate
1 001
1 750
-
-
nationa
240
420
-
-
municipal
48
84
-
-
total
288
504
-
-
Dividends
713
1 246
-
-
withholding
185
324
-
-
total
185
324
-
-
Income
1 750
1 750
1 750
1 750
Total tax
867
828
1 019
944
After tax
883
922
731
806
Living cost
354
354
354
354
Free-cash
529
568
377
452

Estimated living cost  is £354 per week

£249
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.
£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
£774
£1010
-£44
£113
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
-
-
-
1 750
income
-
-
-
496
health
-
-
-
18
accident
-
-
-
2
pensions
-
-
-
35
other
-
-
-
3
total
-
-
-
554
Employee
292
-
1 591
-
income
40
-
385
-
health
33
-
182
-
pensions
33
-
64
-
total
106
-
631
-
Employer
292
-
1 591
-
unemployment
7
-
39
-
pensions
48
-
93
-
accident
5
-
27
-
total
60
-
159
-
Corporate
1 398
1 750
-
-
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.

1 258
1 575
-
-
total
1 258
1 575
-
-
Dividends
140
175
-
-
withholding
27
33
-
-
total
27
33
-
-
Income
1 750
1 750
1 750
1 750
Total tax
1 451
1 608
790
554
After tax
299
142
960
1 196
Living cost
186
186
186
186
Free-cash
113
-44
774
1 010

Estimated living cost  is £186 per week

£136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£10
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£35
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
£754
£562
£558
£674
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.

-
-
-
1 750
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.

-
-
-
561
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
-
-
-
192
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.

-
-
-
31
total
-
-
-
845
Employee

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

442
-
1 750
-
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.

36
-
561
-
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
-
31
-
total
99
-
653
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 308
1 750
-
-
chamber of commerce
3
4
-
-
income
196
262
-
-
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
188
251
-
-
total
398
531
-
-
Dividends
910
1 218
-
-
withholding
224
301
-
-
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
17
-
-
total
236
318
-
-
Income
1 750
1 750
1 750
1 750
Total tax
733
849
653
845
After tax
1 017
901
1 097
905
Living cost
343
343
343
343
Free-cash
674
558
754
562

Estimated living cost  is £343 per week

£237
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.
£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.

Riga , Latvia
£564
£435
£1215
£1141
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.

-
-
-
1 750
microenterprise
-
-
-
-
income
-
-
-
344
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.

-
-
-
340
surtax
-
-
-
446
total
-
-
-
1 130
Employee
260
-
1 347
-
income
46
-
287
-
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
-
116
-
surtax
-
-
195
-
total
75
-
598
-
Employer
260
-
1 347
-
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
-
255
-
surtax
-
-
148
-
total
63
-
403
-
Corporate
1 428
1 750
-
-
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%.

286
350
-
-
total
286
350
-
-
Dividends

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

1 142
1 400
-
-
total
-
-
-
-
Income
1 750
1 750
1 750
1 750
Total tax
424
350
1 001
1 130
After tax
1 326
1 400
749
620
Living cost
185
185
185
185
Free-cash
1 141
1 215
564
435

Estimated living cost  is £185 per week

£118
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
£947
£955
£977
£956
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
-
-
-
1 750
income
-
-
-
535
health
-
-
-
61
pensions
-
-
-
84
total
-
-
-
680
Employee
175
-
1 656
-
income
34
-
531
-
health
9
-
21
-
unemployment
2
-
4
-
pensions
16
-
38
-
total
61
-
594
-
Employer
175
-
1 656
-
unemployment
4
-
8
-
pensions
19
-
46
-
health
17
-
40
-
total
40
-
94
-
Corporate
1 536
1 750
-
-
income
338
385
-
-
total
338
385
-
-
Dividends
1 198
1 365
-
-
withholding
240
273
-
-
total
240
273
-
-
Income
1 750
1 750
1 750
1 750
Total tax
679
658
688
680
After tax
1 071
1 092
1 062
1 070
Living cost
115
115
115
115
Free-cash
956
977
947
955

Estimated living cost  is £115 per week

£68
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
£571
£626
£901
£872
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
-
-
-
1 750
income
-
-
-
517
health
-
-
-
84
unemployment
-
-
-
2
surtax
-
-
-
84
pensions
-
-
-
237
other
-
-
-
-
total
-
-
-
924
Employee
299
-
1 500
-
other
-
-
-
-
income
50
-
464
-
health
8
-
30
-
unemployment
21
-
83
-
surtax
1
-
73
-
pensions
20
-
79
-
total
100
-
729
-
Employer
299
-
1 500
-
unemployment
9
-
38
-
pensions
40
-
158
-
other
-
-
-
-
health
14
-
54
-
total
63
-
250
-
Corporate
1 388
1 750
-
-
income
361
455
-
-
total
361
455
-
-
Dividends
1 027
1 295
-
-
withholding
154
194
-
-
total
154
194
-
-
Income
1 750
1 750
1 750
1 750
Total tax
678
649
979
924
After tax
1 072
1 101
771
826
Living cost
200
200
200
200
Free-cash
872
901
571
626

Estimated living cost  is £200 per week

£120
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.
£57
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
£181
£618
£683
£678
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
-
-
-
1 750
income
-
-
-
517
chamber of commerce
-
-
-
7
health
-
-
-
79
unemployment
-
-
-
54
surtax
-
-
-
-
pensions
-
-
-
192
total
-
-
-
849
Employee
388
354
1 423
-
other
4
4
10
-
income
35
26
426
-
health
15
14
40
-
unemployment
12
11
31
-
pensions
40
36
106
-
total
106
91
613
-
Employer
388
354
1 423
-
unemployment
12
11
31
-
chamber of commerce
2
1
6
-
pensions
49
44
130