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
£ 1800
per

Your estimated
City
free-cash

Valencia , Spain
£907
£719
£757
£947
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
-
-
-
1 800
unemployment
-
-
-
6
income
-
-
-
539
other
-
-
-
1
accident
-
-
-
8
pensions
-
-
-
239
total
-
-
-
793
Employee
337
-
1 531
-
unemployment
5
-
13
-
pensions
16
-
40
-
income
65
-
508
-
other
-
-
1
-
total
86
-
562
-
Employer
337
-
1 531
-
pensions
79
-
199
-
accident
7
-
17
-
unemployment
19
-
46
-
other
3
-
7
-
total
108
-
269
-
Corporate
1 356
1 800
-
-
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.

203
270
-
-
total
203
270
-
-
Dividends
1 153
1 530
-
-
withholding
246
333
-
-
total
246
333
-
-
Income
1 800
1 800
1 800
1 800
Total tax
643
603
831
793
After tax
1 157
1 197
969
1 007
Living cost
250
250
250
250
Free-cash
907
947
719
757

Estimated living cost  is £250 per week

£169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£24
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£53
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
£1017
£786
£801
£1079
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
-
-
-
1 800
pensions

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

-
-
-
332
income
-
-
-
297
other
-
-
-
66
health
-
-
-
61
total
-
-
-
756
Employee
331
-
1 451
-
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
-
97
-
income
57
-
292
-
total
88
-
422
-
Employer
331
-
1 451
-
health
5
-
19
-
pensions

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

56
-
235
-
accident
3
-
12
-
unemployment
3
-
14
-
other
17
-
69
-
total
84
-
349
-
Corporate
1 386
1 800
-
-
income
291
378
-
-
total
291
378
-
-
Dividends
1 095
1 422
-
-
withholding
77
100
-
-
total
77
100
-
-
Income
1 800
1 800
1 800
1 800
Total tax
540
478
771
756
After tax
1 260
1 322
1 029
1 044
Living cost
243
243
243
243
Free-cash
1 017
1 079
786
801

Estimated living cost  is £243 per week

£171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£16
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£51
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
£1378
£1399
£1326
£1420
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
-
-
-
1 800
pensions

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

-
-
-
47
unemployment
-
-
-
1
income
-
-
-
270
health
-
-
-
37
total
-
-
-
355
Employee
158
-
1 738
-
health
7
-
15
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
pensions

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

14
-
28
-
income
16
-
174
-
total
39
-
220
-
Employer
158
-
1 738
-
health
11
-
22
-
pensions

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

17
-
35
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
unemployment
1
-
2
-
total
31
-
62
-
Corporate
1 611
1 800
-
-
income
161
180
-
-
total
161
180
-
-
Dividends
1 450
1 620
-
-
withholding
72
81
-
-
total
72
81
-
-
Income
1 800
1 800
1 800
1 800
Total tax
303
261
282
355
After tax
1 497
1 539
1 518
1 445
Living cost
119
119
119
119
Free-cash
1 378
1 420
1 399
1 326

Estimated living cost  is £119 per week

£70
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£9
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£38
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
£649
£655
£695
£595
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
-
-
-
1 800
income
-
-
-
302
other
-
-
-
56
health
-
-
-
82
social contributions
-
-
-
51
pensions
-
-
-
302
surtax
-
-
-
-
total
-
-
-
793
Employee
390
-
1 384
-
pensions
44
-
100
-
income
23
-
277
-
social contributions
11
-
39
-
surtax
-
-
-
-
total
78
-
416
-
Employer
390
-
1 384
-
health
27
-
133
-
social contributions
1
-
4
-
pensions
64
-
168
-
unemployment
16
-
56
-
other
13
-
56
-
total
121
-
417
-
Corporate
1 289
1 800
-
-
income
361
504
-
-
surtax
-
-
-
-
total
361
504
-
-
Dividends
928
1 296
-
-
social contributions
160
223
-
-
surtax
-
-
-
-
withholding
119
166
-
-
total
279
389
-
-
Income
1 800
1 800
1 800
1 800
Total tax
839
893
833
793
After tax
961
907
967
1 007
Living cost
312
312
312
312
Free-cash
649
595
655
695

Estimated living cost  is £312 per week

£196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£84
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
£459
£765
£599
£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
-
-
-
1 800
pensions
-
-
-
107
income
-
-
-
601
health
-
-
-
112
total
-
-
-
820
Employee
778
778
1 631
-
health
119
102
112
-
pensions
140
107
107
-
income

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

127
127
266
-
total
386
336
485
-
Employer
778
778
1 631
-
health
54
54
67
-
pensions
54
54
67
-
unemployment
28
28
35
-
total
136
136
169
-
Corporate
896
886
-
-
income
179
177
-
-
total
179
177
-
-
Dividends
717
709
-
-
income
152
151
-
-
withholding
107
106
-
-
total
259
257
-
-
Income
1 800
1 800
1 800
1 800
Total tax
960
906
654
820
After tax
840
894
1 146
980
Living cost
381
381
381
381
Free-cash
459
513
765
599

Estimated living cost  is £381 per week

£270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£71
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
£732
£852
£635
£631
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.

-
-
-
1 800
trade
-
-
-
217
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.

-
-
-
578
health

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

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

-
-
-
62
surtax

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

-
-
-
32
total
-
-
-
889
Employee

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

348
-
1 800
-
health

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

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

62
-
62
-
income

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

10
-
578
-
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
-
32
-
total
73
-
672
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 452
1 800
-
-
income
218
270
-
-
trade
229
284
-
-
surtax

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

12
15
-
-
chamber of commerce
3
4
-
-
total
462
573
-
-
Dividends
990
1 228
-
-
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
17
-
-
withholding
244
303
-
-
total
257
320
-
-
Income
1 800
1 800
1 800
1 800
Total tax
792
893
672
889
After tax
1 008
907
1 128
911
Living cost
276
276
276
276
Free-cash
732
631
852
635

Estimated living cost  is £276 per week

£173
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£32
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£65
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
£1054
£995
£1010
£1101
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
-
-
-
1 800
income
-
-
-
386
health
-
-
-
46
social contributions
-
-
-
147
total
-
-
-
579
Employee
700
700
1 690
-
health
5
12
29
-
income
76
65
378
-
social contributions
26
58
78
-
total
107
135
485
-
Employer
700
700
1 690
-
health
6
13
31
-
social contributions
26
58
78
-
total
32
71
109
-
Corporate
1 449
1 029
-
-
income
181
129
-
-
total
181
129
-
-
Dividends
1 268
900
-
-
withholding
215
153
-
-
total
215
153
-
-
Income
1 800
1 800
1 800
1 800
Total tax
535
488
594
579
After tax
1 265
1 312
1 206
1 221
Living cost
211
211
211
211
Free-cash
1 054
1 101
995
1 010

Estimated living cost  is £211 per week

£126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£21
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£59
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
£729
£529
£666
£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

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.

-
-
-
1 800
income
-
-
-
223
social contributions

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

-
-
-
625
surtax
-
-
-
-
total
-
-
-
848
Employee
419
-
1 455
-
income
87
-
480
-
social contributions
46
-
160
-
surtax
-
-
-
-
total
133
-
640
-
Employer
419
-
1 455
-
social contributions
99
-
345
-
total
99
-
345
-
Corporate
1 282
1 800
-
-
income
269
378
-
-
surtax
-
-
-
-
total
269
378
-
-
Dividends
1 013
1 422
-
-
withholding
284
398
-
-
total
284
398
-
-
Income
1 800
1 800
1 800
1 800
Total tax
785
776
985
848
After tax
1 015
1 024
815
952
Living cost
286
286
286
286
Free-cash
729
738
529
666

Estimated living cost  is £286 per week

£214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£50
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
£1629
£1372
£1714
£1642
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%.

-
-
-
1 800
microenterprise

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

-
-
-
18
total
-
-
-
18
Employee
85
-
1 800
-
income
17
-
360
-
total
17
-
360
-
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%.

1 715
1 800
-
-
total
-
-
-
-
Dividends
1 715
1 800
-
-
withholding
86
90
-
-
total
86
90
-
-
Income
1 800
1 800
1 800
1 800
Total tax
103
90
360
18
After tax
1 697
1 710
1 440
1 782
Living cost
68
68
68
68
Free-cash
1 629
1 642
1 372
1 714

Estimated living cost  is £68 per week

£42
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
£919
£577
£617
£995
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.

-
-
-
1 800
pensions
-
-
-
329
unemployment
-
-
-
3
income
-
-
-
430
health
-
-
-
177
total
-
-
-
939
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.

403
-
1 557
-
health
26
-
101
-
unemployment
1
-
2
-
pensions
62
-
241
-
income
69
-
392
-
total
158
-
736
-
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.

403
-
1 557
-
health
27
-
104
-
pensions
36
-
138
-
unemployment
-
-
1
-
total
63
-
243
-
Corporate
1 335
1 800
-
-
income
254
342
-
-
total
254
342
-
-
Dividends
1 081
1 458
-
-
withholding
162
219
-
-
total
162
219
-
-
Income
1 800
1 800
1 800
1 800
Total tax
637
561
979
939
After tax
1 163
1 239
821
861
Living cost
244
244
244
244
Free-cash
919
995
577
617

Estimated living cost  is £244 per week

£168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£16
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£56
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
£823
£937
£1142
£791
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.

-
-
-
1 800
income
-
-
-
270
health

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

-
-
-
57
total
-
-
-
327
Employee
418
-
1 758
-
social contributions
42
-
42
-
income
45
-
448
-
total
87
-
490
-
Employer
418
-
1 758
-
social contributions
42
-
42
-
total
42
-
42
-
Corporate
1 340
1 800
-
-
income
469
630
-
-
total
469
630
-
-
Dividends
871
1 170
-
-
social contributions
48
48
-
-
total
48
48
-
-
Income
1 800
1 800
1 800
1 800
Total tax
646
678
532
327
After tax
1 154
1 122
1 268
1 473
Living cost
331
331
331
331
Free-cash
823
791
937
1 142

Estimated living cost  is £331 per week

£218
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£26
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£82
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
£909
£920
£963
£906
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
-
-
-
1 800
income
-
-
-
270
health
-
-
-
126
social contributions
-
-
-
248
total
-
-
-
644
Employee
309
-
1 800
-
health
22
-
126
-
income
51
-
313
-
social contributions
43
-
248
-
total
116
-
687
-
Employer
309
-
1 800
-
total
-
-
-
-
Corporate
1 491
1 800
-
-
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%.

75
90
-
-
total
75
90
-
-
Dividends
1 417
1 710
-
-
social contributions
195
236
-
-
withholding
213
256
-
-
health
99
119
-
-
total
507
611
-
-
Income
1 800
1 800
1 800
1 800
Total tax
698
701
687
644
After tax
1 102
1 099
1 113
1 156
Living cost
193
193
193
193
Free-cash
909
906
920
963

Estimated living cost  is £193 per week

£129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£48
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
£893
£722
£800
£984
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
-
-
-
1 800
income
-
-
-
189
health
-
-
-
243
social contributions
-
-
-
297
solidarity contribution
-
-
-
17
total
-
-
-
746
Employee
374
-
1 418
-
health
51
-
191
-
solidarity contribution
-
-
10
-
income
45
-
174
-
social contributions
24
-
66
-
total
120
-
441
-
Employer
374
-
1 418
-
health
34
-
128
-
social contributions
94
-
254
-
total
128
-
382
-
Corporate
1 298
1 800
-
-
income
247
342
-
-
total
247
342
-
-
Dividends
1 052
1 458
-
-
withholding
158
219
-
-
total
158
219
-
-
Income
1 800
1 800
1 800
1 800
Total tax
653
561
823
746
After tax
1 147
1 239
977
1 054
Living cost
254
254
254
254
Free-cash
893
984
722
800

Estimated living cost  is £254 per week

£189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£14
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£47
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
£1585
£1334
£1676
£1604
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%.

-
-
-
1 800
microenterprise

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

-
-
-
18
total
-
-
-
18
Employee
132
-
1 800
-
income
26
-
360
-
total
26
-
360
-
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%.

1 668
1 800
-
-
total
-
-
-
-
Dividends
1 668
1 800
-
-
withholding
83
90
-
-
total
83
90
-
-
Income
1 800
1 800
1 800
1 800
Total tax
109
90
360
18
After tax
1 691
1 710
1 440
1 782
Living cost
106
106
106
106
Free-cash
1 585
1 604
1 334
1 676

Estimated living cost  is £106 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.
£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.
£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
£529
£527
£567
£467
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
-
-
-
1 800
income
-
-
-
302
other
-
-
-
56
health
-
-
-
82
social contributions
-
-
-
51
pensions
-
-
-
302
surtax
-
-
-
-
total
-
-
-
793
Employee
570
-
1 384
-
pensions
65
-
100
-
income
50
-
277
-
social contributions
16
-
39
-
surtax
-
-
-
-
total
131
-
416
-
Employer
570
-
1 384
-
health
40
-
133
-
social contributions
2
-
4
-
pensions
94
-
168
-
unemployment
23
-
56
-
other
20
-
56
-
total
179
-
417
-
Corporate
1 052
1 800
-
-
income
294
504
-
-
surtax
-
-
-
-
total
294
504
-
-
Dividends
757
1 296
-
-
social contributions
130
223
-
-
surtax
-
-
-
-
withholding
97
166
-
-
total
227
389
-
-
Income
1 800
1 800
1 800
1 800
Total tax
831
893
833
793
After tax
969
907
967
1 007
Living cost
440
440
440
440
Free-cash
529
467
527
567

Estimated living cost  is £440 per week

£298
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£36
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
£1099
£977
£978
£1143
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.

-
-
-
1 800
pensions
-
-
-
174
unemployment
-
-
-
10
income
-
-
-
412
health
-
-
-
69
total
-
-
-
665
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.

237
-
1 680
-
health
12
-
35
-
unemployment
2
-
5
-
pensions
33
-
94
-
income
33
-
412
-
total
80
-
546
-
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.

237
-
1 680
-
health
12
-
35
-
pensions
28
-
80
-
unemployment
2
-
5
-
total
42
-
120
-
Corporate
1 521
1 800
-
-
income
228
270
-
-
total
228
270
-
-
Dividends
1 293
1 530
-
-
withholding
194
230
-
-
total
194
230
-
-
Income
1 800
1 800
1 800
1 800
Total tax
544
500
666
665
After tax
1 256
1 300
1 134
1 135
Living cost
157
157
157
157
Free-cash
1 099
1 143
977
978

Estimated living cost  is £157 per week

£106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£35
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
£459
£732
£798
£190
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
-
-
-
1 800
pensions
-
-
-
166
city
-
-
-
19
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.

-
-
-
36
health
-
-
-
4
regional
-
-
-
100
national
-
-
-
45
total
-
-
-
370
Employee
740
-
1 619
-
health
2
-
4
-
unemployment
-
-
-
-
city
8
-
17
-
pensions
62
-
127
-
regional
24
-
88
-
national
4
-
36
-
total
100
-
272
-
Employer
740
-
1 619
-
health
2
-
4
-
pensions
62
-
127
-
unemployment
-
-
-
-
other

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

15
-
32
-
total
79
-
163
-
Corporate
973
1 800
-
-
regional
206
381
-
-
national
83
153
-
-
total
289
534
-
-
Dividends
685
1 266
-
-
withholding
240
443
-
-
total
240
443
-
-
Income
1 800
1 800
1 800
1 800
Total tax
708
977
435
370
After tax
1 092
823
1 365
1 430
Living cost
632
632
632
632
Free-cash
459
190
732
798

Estimated living cost  is £632 per week

£411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£57
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.
£157
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
£794
£574
£782
£766
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

-
-
-
1 800
municipal
-
-
-
320
health
-
-
-
24
national
-
-
-
324
total
-
-
-
668
Employee
479
-
1 514
-
health
4
-
20
-
unemployment
7
-
23
-
pensions
32
-
102
-
national
8
-
197
-
municipal
78
-
247
-
total
129
-
589
-
Employer
479
-
1 514
-
health
4
-
12
-
pensions
83
-
263
-
accident
-
-
2
-
unemployment
3
-
10
-
total
90
-
287
-
Corporate
1 231
1 800
-
-
income
246
360
-
-
total
246
360
-
-
Dividends

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

738
1 080
-
-
municipal
133
194
-
-
national
58
130
-
-
total
191
324
-
-
Income
1 800
1 800
1 800
1 800
Total tax
656
684
876
668
After tax
1 144
1 116
924
1 132
Living cost
350
350
350
350
Free-cash
794
766
574
782

Estimated living cost  is £350 per week

£228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£82
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
£536
£290
£450
£670
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
-
-
-
1 800
communal

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

-
-
-
94
social contributions
-
-
-
227
national
-
-
-
697
total
-
-
-
1 018
Employee

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

651
-
1 394
-
health

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

31
-
66
-
communal

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

34
-
73
-
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
-
pensions

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

49
-
105
-
national
200
-
516
-
total
320
-
772
-
Employer

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

651
-
1 394
-
health

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

40
-
86
-
pensions

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

58
-
124
-
surtax
74
-
158
-
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
-
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.

10
-
20
-
total
190
-
406
-
Corporate
959
1 800
-
-
income
192
366
-
-
surtax
4
7
-
-
total
196
373
-
-
Dividends
763
1 426
-
-
withholding

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

226
425
-
-
total
226
425
-
-
Income
1 800
1 800
1 800
1 800
Total tax
932
798
1 178
1 018
After tax
868
1 002
622
782
Living cost
332
332
332
332
Free-cash
536
670
290
450

Estimated living cost  is £332 per week

£214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£29
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£84
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
£579
£517
£527
£589
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
-
-
-
1 800
unemployment
-
-
-
1
municipal
-
-
-
462
other
-
-
-
100
health
-
-
-
54
national
-
-
-
167
accident
-
-
-
2
pensions
-
-
-
93
total
-
-
-
879
Employee
561
-
1 529
-
national
-
-
162
-
municipal
167
-
456
-
total
167
-
618
-
Employer
561
-
1 529
-
health
35
-
53
-
pensions
61
-
93
-
accident
1
-
2
-
unemployment
15
-
23
-
other
65
-
100
-
total
177
-
271
-
Corporate
1 062
1 800
-
-
income
234
396
-
-
total
234
396
-
-
Dividends
829
1 404
-
-
withholding
249
421
-
-
total
249
421
-
-
Income
1 800
1 800
1 800
1 800
Total tax
827
817
889
879
After tax
973
983
911
921
Living cost
394
394
394
394
Free-cash
579
589
517
527

Estimated living cost  is £394 per week

£261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£39
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£88
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
£181
£1233
£809
£660
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
-
-
-
1 800
income
-
-
-
351
social contributions
-
-
-
205
total
-
-
-
556
Employee
624
-
-
-
income
138
-
-
-
social contributions
51
-
7
-
total
189
-
7
-
Employer
624
-
-
-
social contributions
879
-
125
-
total
879
-
125
-
Corporate
297
1 800
-
-
income
65
396
-
-
total
65
396
-
-
Dividends
232
1 404
-
-
income
51
309
-
-
total
51
309
-
-
Income
1 800
1 800
1 800
1 800
Total tax
1 184
705
132
556
After tax
616
1 095
1 668
1 244
Living cost
435
435
435
435
Free-cash
181
660
1 233
809

Estimated living cost  is £435 per week

£282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£41
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£106
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
£978
£911
£926
£1017
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
-
-
-
1 800
income
-
-
-
386
health
-
-
-
46
social contributions
-
-
-
147
total
-
-
-
579
Employee
700
700
1 690
-
health
7
12
29
-
income
74
65
378
-
social contributions
34
58
78
-
total
115
135
485
-
Employer
700
700
1 690
-
health
8
13
31
-
social contributions
34
58
78
-
total
42
71
109
-
Corporate
1 349
1 029
-
-
income
169
129
-
-
total
169
129
-
-
Dividends
1 180
900
-
-
withholding
201
153
-
-
total
201
153
-
-
Income
1 800
1 800
1 800
1 800
Total tax
527
488
594
579
After tax
1 273
1 312
1 206
1 221
Living cost
295
295
295
295
Free-cash
978
1 017
911
926

Estimated living cost  is £295 per week

£202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£23
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£65
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
£878
£688
£850
£826
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
-
-
-
1 800
income
-
-
-
542
pensions
-
-
-
84
total
-
-
-
626
Employee
445
-
1 570
-
health
6
-
22
-
pensions
34
-
101
-
income
81
-
435
-
total
121
-
558
-
Employer
445
-
1 570
-
health
8
-
30
-
pensions
45
-
200
-
total
53
-
230
-
Corporate
1 301
1 800
-
-
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.

247
342
-
-
total
247
342
-
-
Dividends
1 054
1 458
-
-
withholding
177
308
-
-
total
177
308
-
-
Income
1 800
1 800
1 800
1 800
Total tax
598
650
788
626
After tax
1 202
1 150
1 012
1 174
Living cost
324
324
324
324
Free-cash
878
826
688
850

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
£542
£390
£467
£585
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
-
-
-
1 800
municipal
-
-
-
12
regional
-
-
-
42
social contributions
-
-
-
456
national
-
-
-
460
total
-
-
-
970
Employee
767
-
1 800
-
social contributions
259
-
598
-
regional
12
-
37
-
national
130
-
401
-
municipal
5
-
11
-
total
406
-
1 047
-
Employer
767
-
1 800
-
total
-
-
-
-
Corporate
1 033
1 800
-
-
nationa
248
432
-
-
municipal
50
87
-
-
total
298
519
-
-
Dividends
735
1 281
-
-
withholding
191
333
-
-
total
191
333
-
-
Income
1 800
1 800
1 800
1 800
Total tax
895
852
1 047
970
After tax
905
948
753
830
Living cost
363
363
363
363
Free-cash
542
585
390
467

Estimated living cost  is £363 per week

£255
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.
£78
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
£117
£794
£1038
-£47
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
-
-
-
1 800
pensions
-
-
-
36
income
-
-
-
509
other
-
-
-
3
health
-
-
-
19
accident
-
-
-
2
total
-
-
-
569
Employee
303
-
1 636
-
health
35
-
187
-
pensions
34
-
67
-
income
42
-
395
-
total
111
-
649
-
Employer
303
-
1 636
-
pensions
49
-
97
-
accident
5
-
27
-
unemployment
7
-
40
-
total
61
-
164
-
Corporate
1 435
1 800
-
-
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.

1 291
1 620
-
-
total
1 291
1 620
-
-
Dividends
143
180
-
-
withholding
27
34
-
-
total
27
34
-
-
Income
1 800
1 800
1 800
1 800
Total tax
1 490
1 654
813
569
After tax
310
146
987
1 231
Living cost
193
193
193
193
Free-cash
117
-47
794
1 038

Estimated living cost  is £193 per week

£141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£11
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£37
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
£694
£776
£578
£574
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.

-
-
-
1 800
trade
-
-
-
198
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.

-
-
-
578
health

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

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

-
-
-
62
surtax

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

-
-
-
32
total
-
-
-
870
Employee

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

453
-
1 800
-
health

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

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

62
-
62
-
income

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

37
-
578
-
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
-
32
-
total
101
-
672
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 347
1 800
-
-
income
202
270
-
-
trade
193
258
-
-
surtax

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

11
15
-
-
chamber of commerce
3
4
-
-
total
409
547
-
-
Dividends
937
1 253
-
-
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
17
-
-
withholding
231
310
-
-
total
244
327
-
-
Income
1 800
1 800
1 800
1 800
Total tax
754
874
672
870
After tax
1 046
926
1 128
930
Living cost
352
352
352
352
Free-cash
694
574
776
578

Estimated living cost  is £352 per week

£243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£38
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£66
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
£1177
£582
£449
£1251
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.

-
-
-
1 800
income
-
-
-
354
microenterprise
-
-
-
-
social contributions

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

-
-
-
349
surtax
-
-
-
459
total
-
-
-
1 162
Employee
266
-
1 386
-
income
47
-
296
-
social contributions

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

29
-
119
-
surtax
-
-
201
-
total
76
-
616
-
Employer
266
-
1 386
-
social contributions

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

64
-
261
-
surtax
-
-
152
-
total
64
-
413
-
Corporate
1 470
1 800
-
-
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%.

294
360
-
-
total
294
360
-
-
Dividends

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

1 176
1 440
-
-
total
-
-
-
-
Income
1 800
1 800
1 800
1 800
Total tax
434
360
1 029
1 162
After tax
1 366
1 440
771
638
Living cost
189
189
189
189
Free-cash
1 177
1 251
582
449

Estimated living cost  is £189 per week

£121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£46
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
£995
£985
£994
£1012
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
-
-
-
1 800
income
-
-
-
555
health
-
-
-
59
pensions
-
-
-
81
total
-
-
-
695
Employee
170
-
1 709
-
health
8
-
20
-
unemployment
2
-
4
-
pensions
15
-
37
-
income
33
-
551
-
total
58
-
612
-
Employer
170
-
1 709
-
health
16
-
39
-
pensions
19
-
45
-
unemployment
3
-
8
-
total
38
-
92
-
Corporate
1 592
1 800
-
-
income
350
396
-
-
total
350
396
-
-
Dividends
1 242
1 404
-
-
withholding
248
281
-
-
total
248
281
-
-
Income
1 800
1 800
1 800
1 800
Total tax
694
677
704
695
After tax
1 106
1 123
1 096
1 105
Living cost
111
111
111
111
Free-cash
995
1 012
985
994

Estimated living cost  is £111 per week

£66
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£9
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£34
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
£899
£588
£645
£927
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
-
-
-
1 800
pensions
-
-
-
243
unemployment
-
-
-
2
income
-
-
-
533
other
-
-
-
-
health
-
-
-
86
surtax
-
-
-
86
total
-
-
-
950
Employee
307
-
1 544
-
health
8
-
31
-
unemployment
21
-
85
-
pensions
20
-
81
-
income
51
-
479
-
other
-
-
-
-
surtax
1
-
75
-
total
101
-
751
-
Employer
307
-
1 544
-
health
14
-
55
-
pensions
41
-
162
-
unemployment
10
-
39
-
other
-
-
-
-
total
65
-
256
-
Corporate
1 429
1 800
-
-
income
371
468
-
-
total
371
468
-
-
Dividends
1 057
1 332
-
-
withholding
159
200
-
-
total
159
200
-
-
Income
1 800
1 800
1 800
1 800
Total tax
696
668
1 007
950
After tax
1 104
1 132
793
850
Living cost
205
205
205
205
Free-cash
899
927
588
645

Estimated living cost  is £205 per week

£123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£59
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
£699
£183
£635
£703
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
-
-
-
1 800
pensions
-
-
-
197
chamber of commerce
-
-
-
7
unemployment
-
-
-
56
income
-
-
-
533
health
-
-
-
81
surtax
-
-
-
-
total
-
-
-
874
Employee
398
363
1 465
-
health
15
14
41
-
unemployment
12
11
32
-
pensions
41
37
109
-
income
35
27
439
-
other
4
4
11
-
total
107
93
632
-
Employer
398
363
1 465
-
health
15
14
40
-
pensions
50
46
134
-
surtax
-