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
£722
£759
£949
£909
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
-
-
-
541
accident
-
-
-
8
unemployment
-
-
-
6
pensions
-
-
-
237
other
-
-
-
1
total
-
-
-
793
Employee
333
-
1 533
-
other
-
-
1
-
income
64
-
510
-
unemployment
5
-
13
-
pensions
16
-
39
-
total
85
-
563
-
Employer
333
-
1 533
-
unemployment
18
-
46
-
pensions
79
-
197
-
other
3
-
7
-
accident
7
-
17
-
total
107
-
267
-
Corporate
1 360
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.

204
270
-
-
total
204
270
-
-
Dividends
1 156
1 530
-
-
withholding
247
333
-
-
total
247
333
-
-
Income
1 800
1 800
1 800
1 800
Total tax
643
603
830
793
After tax
1 157
1 197
970
1 007
Living cost
248
248
248
248
Free-cash
909
949
722
759

Estimated living cost  is £248 per week

£167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£24
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£52
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
£791
£808
£1082
£1021
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
-
-
-
298
health
-
-
-
60
pensions

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

-
-
-
329
other
-
-
-
65
total
-
-
-
752
Employee
327
-
1 454
-
income
56
-
293
-
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
-
96
-
total
87
-
422
-
Employer
327
-
1 454
-
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.

56
-
233
-
other
16
-
69
-
accident
3
-
12
-
health
5
-
19
-
total
83
-
347
-
Corporate
1 390
1 800
-
-
income
292
378
-
-
total
292
378
-
-
Dividends
1 098
1 422
-
-
withholding
77
100
-
-
total
77
100
-
-
Income
1 800
1 800
1 800
1 800
Total tax
539
478
769
752
After tax
1 261
1 322
1 031
1 048
Living cost
240
240
240
240
Free-cash
1 021
1 082
791
808

Estimated living cost  is £240 per week

£170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£16
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£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
£1401
£1328
£1421
£1378
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
-
-
-
36
unemployment
-
-
-
1
pensions

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

-
-
-
47
total
-
-
-
354
Employee
156
-
1 738
-
income
16
-
174
-
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
-
28
-
total
39
-
219
-
Employer
156
-
1 738
-
unemployment
1
-
2
-
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
-
health
11
-
22
-
total
31
-
62
-
Corporate
1 613
1 800
-
-
income
161
180
-
-
total
161
180
-
-
Dividends
1 452
1 620
-
-
withholding
73
81
-
-
total
73
81
-
-
Income
1 800
1 800
1 800
1 800
Total tax
304
261
281
354
After tax
1 496
1 539
1 519
1 446
Living cost
118
118
118
118
Free-cash
1 378
1 421
1 401
1 328

Estimated living cost  is £118 per week

£69
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£8
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£38
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
£657
£695
£598
£652
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
-
-
-
305
social contributions
-
-
-
51
health
-
-
-
83
surtax
-
-
-
-
pensions
-
-
-
301
other
-
-
-
56
total
-
-
-
796
Employee
386
-
1 383
-
income
23
-
278
-
social contributions
11
-
39
-
surtax
-
-
-
-
pensions
44
-
100
-
total
78
-
417
-
Employer
386
-
1 383
-
unemployment
16
-
56
-
social contributions
1
-
4
-
pensions
63
-
168
-
other
13
-
56
-
health
27
-
133
-
total
120
-
417
-
Corporate
1 293
1 800
-
-
income
362
504
-
-
surtax
-
-
-
-
total
362
504
-
-
Dividends
931
1 296
-
-
withholding
119
166
-
-
surtax
-
-
-
-
social contributions
160
223
-
-
total
279
389
-
-
Income
1 800
1 800
1 800
1 800
Total tax
839
893
834
796
After tax
961
907
966
1 004
Living cost
309
309
309
309
Free-cash
652
598
657
695

Estimated living cost  is £309 per week

£195
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£84
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
£769
£601
£515
£459
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
-
-
-
604
health
-
-
-
111
pensions
-
-
-
106
total
-
-
-
821
Employee
770
770
1 632
-
income

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

126
126
268
-
health
118
101
111
-
pensions
139
106
106
-
total
383
333
485
-
Employer
770
770
1 632
-
unemployment
28
28
34
-
pensions
54
54
67
-
health
54
54
67
-
total
136
136
168
-
Corporate
904
895
-
-
income
181
179
-
-
total
181
179
-
-
Dividends
723
716
-
-
withholding
109
107
-
-
income
154
152
-
-
total
263
259
-
-
Income
1 800
1 800
1 800
1 800
Total tax
963
907
653
821
After tax
837
893
1 147
979
Living cost
378
378
378
378
Free-cash
459
515
769
601

Estimated living cost  is £378 per week

£268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£70
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
£853
£636
£634
£734
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
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.

-
-
-
580
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
trade
-
-
-
217
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
-
-
-
891
Employee

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

345
-
1 800
-
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
-
580
-
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
-
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
-
674
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 455
1 800
-
-
chamber of commerce
3
4
-
-
income
218
270
-
-
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
-
-
trade
229
284
-
-
total
462
573
-
-
Dividends
992
1 228
-
-
withholding
245
303
-
-
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
-
-
total
258
320
-
-
Income
1 800
1 800
1 800
1 800
Total tax
793
893
674
891
After tax
1 007
907
1 126
909
Living cost
273
273
273
273
Free-cash
734
634
853
636

Estimated living cost  is £273 per week

£172
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£32
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
£995
£1011
£1103
£1055
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
-
-
-
388
social contributions
-
-
-
146
health
-
-
-
46
total
-
-
-
580
Employee
694
694
1 691
-
income
76
64
380
-
social contributions
26
58
78
-
health
5
12
29
-
total
107
134
487
-
Employer
694
694
1 691
-
social contributions
26
58
78
-
health
6
13
31
-
total
32
71
109
-
Corporate
1 452
1 036
-
-
income
181
129
-
-
total
181
129
-
-
Dividends
1 271
907
-
-
withholding
216
154
-
-
total
216
154
-
-
Income
1 800
1 800
1 800
1 800
Total tax
536
488
596
580
After tax
1 264
1 312
1 204
1 220
Living cost
209
209
209
209
Free-cash
1 055
1 103
995
1 011

Estimated living cost  is £209 per week

£125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£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.
£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
£531
£667
£741
£731
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
-
-
-
224
social contributions

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

-
-
-
626
surtax
-
-
-
-
total
-
-
-
850
Employee
415
-
1 455
-
income
86
-
481
-
social contributions
46
-
160
-
surtax
-
-
-
-
total
132
-
641
-
Employer
415
-
1 455
-
social contributions
99
-
345
-
total
99
-
345
-
Corporate
1 287
1 800
-
-
income
270
378
-
-
surtax
-
-
-
-
total
270
378
-
-
Dividends
1 016
1 422
-
-
withholding
285
398
-
-
total
285
398
-
-
Income
1 800
1 800
1 800
1 800
Total tax
786
776
986
850
After tax
1 014
1 024
814
950
Living cost
283
283
283
283
Free-cash
731
741
531
667

Estimated living cost  is £283 per week

£212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£50
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
£1376
£1718
£1646
£1634
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
80
-
1 800
-
income
16
-
360
-
total
16
-
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%.

1 720
1 800
-
-
total
-
-
-
-
Dividends
1 720
1 800
-
-
withholding
86
90
-
-
total
86
90
-
-
Income
1 800
1 800
1 800
1 800
Total tax
102
90
360
18
After tax
1 698
1 710
1 440
1 782
Living cost
64
64
64
64
Free-cash
1 634
1 646
1 376
1 718

Estimated living cost  is £64 per week

£40
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£5
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£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.
£17
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
£578
£617
£997
£921
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
income
-
-
-
432
health
-
-
-
177
unemployment
-
-
-
3
pensions
-
-
-
329
total
-
-
-
941
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.

399
-
1 558
-
income
69
-
393
-
health
26
-
101
-
unemployment
1
-
2
-
pensions
62
-
241
-
total
158
-
737
-
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.

399
-
1 558
-
unemployment
-
-
1
-
pensions
35
-
138
-
health
27
-
104
-
total
62
-
243
-
Corporate
1 339
1 800
-
-
income
254
342
-
-
total
254
342
-
-
Dividends
1 085
1 458
-
-
withholding
163
219
-
-
total
163
219
-
-
Income
1 800
1 800
1 800
1 800
Total tax
637
561
980
941
After tax
1 163
1 239
820
859
Living cost
242
242
242
242
Free-cash
921
997
578
617

Estimated living cost  is £242 per week

£166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£16
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£56
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
£941
£1145
£795
£827
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.

-
-
-
58
total
-
-
-
328
Employee
414
-
1 759
-
social contributions
41
-
41
-
income
45
-
450
-
total
86
-
491
-
Employer
414
-
1 759
-
social contributions
41
-
41
-
total
41
-
41
-
Corporate
1 345
1 800
-
-
income
471
630
-
-
total
471
630
-
-
Dividends
874
1 170
-
-
social contributions
48
48
-
-
total
48
48
-
-
Income
1 800
1 800
1 800
1 800
Total tax
646
678
532
328
After tax
1 154
1 122
1 268
1 472
Living cost
327
327
327
327
Free-cash
827
795
941
1 145

Estimated living cost  is £327 per week

£216
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£26
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£81
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
£922
£965
£908
£912
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
social contributions
-
-
-
248
health
-
-
-
126
total
-
-
-
644
Employee
306
-
1 800
-
income
51
-
313
-
social contributions
42
-
248
-
health
21
-
126
-
total
114
-
687
-
Employer
306
-
1 800
-
total
-
-
-
-
Corporate
1 494
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
1 419
1 710
-
-
withholding
213
256
-
-
health
99
119
-
-
social contributions
196
236
-
-
total
508
611
-
-
Income
1 800
1 800
1 800
1 800
Total tax
697
701
687
644
After tax
1 103
1 099
1 113
1 156
Living cost
191
191
191
191
Free-cash
912
908
922
965

Estimated living cost  is £191 per week

£128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£47
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
£736
£815
£994
£908
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 800
income
-
-
-
191
social contributions
-
-
-
286
solidarity contribution
-
-
-
20
health
-
-
-
243
total
-
-
-
740
Employee
361
-
1 426
-
solidarity contribution
-
-
13
-
income
43
-
176
-
social contributions
23
-
64
-
health
49
-
193
-
total
115
-
446
-
Employer
361
-
1 426
-
social contributions
90
-
245
-
health
32
-
128
-
total
122
-
373
-
Corporate
1 317
1 800
-
-
income
250
342
-
-
total
250
342
-
-
Dividends
1 066
1 458
-
-
withholding
160
219
-
-
total
160
219
-
-
Income
1 800
1 800
1 800
1 800
Total tax
647
561
819
740
After tax
1 153
1 239
981
1 060
Living cost
245
245
245
245
Free-cash
908
994
736
815

Estimated living cost  is £245 per week

£182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£14
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£45
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
£1340
£1682
£1610
£1591
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
125
-
1 800
-
income
25
-
360
-
total
25
-
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%.

1 675
1 800
-
-
total
-
-
-
-
Dividends
1 675
1 800
-
-
withholding
84
90
-
-
total
84
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
100
100
100
100
Free-cash
1 591
1 610
1 340
1 682

Estimated living cost  is £100 per week

£68
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.
£25
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
£530
£568
£471
£533
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 800
income
-
-
-
305
social contributions
-
-
-
51
health
-
-
-
83
surtax
-
-
-
-
pensions
-
-
-
301
other
-
-
-
56
total
-
-
-
796
Employee
565
-
1 383
-
income
49
-
278
-
social contributions
16
-
39
-
surtax
-
-
-
-
pensions
64
-
100
-
total
129
-
417
-
Employer
565
-
1 383
-
unemployment
23
-
56
-
social contributions
2
-
4
-
pensions
93
-
168
-
other
19
-
56
-
health
40
-
133
-
total
177
-
417
-
Corporate
1 059
1 800
-
-
income
296
504
-
-
surtax
-
-
-
-
total
296
504
-
-
Dividends
762
1 296
-
-
withholding
98
166
-
-
surtax
-
-
-
-
social contributions
131
223
-
-
total
229
389
-
-
Income
1 800
1 800
1 800
1 800
Total tax
831
893
834
796
After tax
969
907
966
1 004
Living cost
436
436
436
436
Free-cash
533
471
530
568

Estimated living cost  is £436 per week

£295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£36
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£99
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
£981
£981
£1145
£1100
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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
income
-
-
-
412
health
-
-
-
68
unemployment
-
-
-
10
pensions
-
-
-
173
total
-
-
-
663
Employee

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

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

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

235
-
1 681
-
income
32
-
412
-
health
12
-
34
-
unemployment
2
-
5
-
pensions
33
-
93
-
total
79
-
544
-
Employer

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

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

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

235
-
1 681
-
unemployment
2
-
5
-
pensions
28
-
80
-
health
12
-
34
-
total
42
-
119
-
Corporate
1 523
1 800
-
-
income
229
270
-
-
total
229
270
-
-
Dividends
1 295
1 530
-
-
withholding
194
229
-
-
total
194
229
-
-
Income
1 800
1 800
1 800
1 800
Total tax
544
499
663
663
After tax
1 256
1 301
1 137
1 137
Living cost
156
156
156
156
Free-cash
1 100
1 145
981
981

Estimated living cost  is £156 per week

£105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£34
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
£733
£800
£193
£462
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
regional
-
-
-
100
national
-
-
-
45
health
-
-
-
4
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
pensions
-
-
-
166
total
-
-
-
370
Employee
737
-
1 619
-
regional
24
-
89
-
city
8
-
17
-
health
2
-
4
-
unemployment
-
-
-
-
national
3
-
37
-
pensions
62
-
127
-
total
99
-
274
-
Employer
737
-
1 619
-
unemployment
-
-
-
-
pensions
62
-
127
-
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
-
health
2
-
4
-
total
79
-
163
-
Corporate
976
1 800
-
-
regional
207
381
-
-
national
83
153
-
-
total
290
534
-
-
Dividends
687
1 266
-
-
withholding
240
443
-
-
total
240
443
-
-
Income
1 800
1 800
1 800
1 800
Total tax
708
977
437
370
After tax
1 092
823
1 363
1 430
Living cost
630
630
630
630
Free-cash
462
193
733
800

Estimated living cost  is £630 per week

£410
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.
£156
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
£576
£784
£769
£797
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
national
-
-
-
326
health
-
-
-
24
total
-
-
-
670
Employee
475
-
1 514
-
health
4
-
20
-
unemployment
7
-
23
-
national
8
-
199
-
municipal
78
-
247
-
pensions
32
-
102
-
total
129
-
591
-
Employer
475
-
1 514
-
unemployment
3
-
10
-
pensions
82
-
263
-
accident
-
-
2
-
health
4
-
12
-
total
89
-
287
-
Corporate
1 236
1 800
-
-
income
247
360
-
-
total
247
360
-
-
Dividends

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

742
1 080
-
-
national
59
131
-
-
municipal
133
194
-
-
total
192
325
-
-
Income
1 800
1 800
1 800
1 800
Total tax
657
685
878
670
After tax
1 143
1 115
922
1 130
Living cost
346
346
346
346
Free-cash
797
769
576
784

Estimated living cost  is £346 per week

£226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£33
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£81
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
£292
£452
£672
£543
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
national
-
-
-
699
social contributions
-
-
-
225
communal

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

-
-
-
95
total
-
-
-
1 019
Employee

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

645
-
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.

30
-
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
-
national
198
-
517
-
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
-
105
-
total
316
-
773
-
Employer

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

645
-
1 394
-
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.

57
-
124
-
surtax
73
-
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
-
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
-
total
187
-
406
-
Corporate
967
1 800
-
-
income
193
368
-
-
surtax
4
7
-
-
total
197
375
-
-
Dividends
770
1 425
-
-
withholding

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

228
424
-
-
total
228
424
-
-
Income
1 800
1 800
1 800
1 800
Total tax
928
799
1 179
1 019
After tax
872
1 001
621
781
Living cost
329
329
329
329
Free-cash
543
672
292
452

Estimated living cost  is £329 per week

£212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£29
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£83
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
£538
£547
£617
£608
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
-
-
-
467
national
-
-
-
187
health
-
-
-
50
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
87
other
-
-
-
93
total
-
-
-
887
Employee
522
-
1 548
-
national
-
-
182
-
municipal
156
-
462
-
total
156
-
644
-
Employer
522
-
1 548
-
unemployment
14
-
21
-
pensions
56
-
87
-
other
61
-
93
-
accident
1
-
2
-
health
32
-
49
-
total
164
-
252
-
Corporate
1 114
1 800
-
-
income
245
396
-
-
total
245
396
-
-
Dividends
869
1 404
-
-
withholding
261
421
-
-
total
261
421
-
-
Income
1 800
1 800
1 800
1 800
Total tax
826
817
896
887
After tax
974
983
904
913
Living cost
366
366
366
366
Free-cash
608
617
538
547

Estimated living cost  is £366 per week

£243
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
£1288
£852
£703
£271
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
562
-
-
-
income
124
-
-
-
social contributions
46
-
7
-
total
170
-
7
-
Employer
562
-
-
-
social contributions
793
-
113
-
total
793
-
113
-
Corporate
445
1 800
-
-
income
98
396
-
-
total
98
396
-
-
Dividends
347
1 404
-
-
income
76
309
-
-
total
76
309
-
-
Income
1 800
1 800
1 800
1 800
Total tax
1 137
705
120
556
After tax
663
1 095
1 680
1 244
Living cost
392
392
392
392
Free-cash
271
703
1 288
852

Estimated living cost  is £392 per week

£254
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.
£96
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
£911
£927
£1019
£981
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
-
-
-
388
social contributions
-
-
-
146
health
-
-
-
46
total
-
-
-
580
Employee
694
694
1 691
-
income
73
64
380
-
social contributions
34
58
78
-
health
7
12
29
-
total
114
134
487
-
Employer
694
694
1 691
-
social contributions
34
58
78
-
health
8
13
31
-
total
42
71
109
-
Corporate
1 353
1 036
-
-
income
169
129
-
-
total
169
129
-
-
Dividends
1 184
907
-
-
withholding
201
154
-
-
total
201
154
-
-
Income
1 800
1 800
1 800
1 800
Total tax
526
488
596
580
After tax
1 274
1 312
1 204
1 220
Living cost
293
293
293
293
Free-cash
981
1 019
911
927

Estimated living cost  is £293 per week

£200
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£23
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£65
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
£688
£850
£826
£878
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
-
income
81
-
435
-
health
6
-
22
-
pensions
34
-
101
-
total
121
-
558
-
Employer
445
-
1 570
-
pensions
45
-
200
-
health
8
-
30
-
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
£397
£473
£589
£549
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
national
-
-
-
463
social contributions
-
-
-
451
total
-
-
-
968
Employee
760
-
1 800
-
regional
11
-
37
-
social contributions
256
-
592
-
national
128
-
404
-
municipal
5
-
11
-
total
400
-
1 044
-
Employer
760
-
1 800
-
total
-
-
-
-
Corporate
1 040
1 800
-
-
nationa
250
432
-
-
municipal
50
87
-
-
total
300
519
-
-
Dividends
740
1 281
-
-
withholding
192
333
-
-
total
192
333
-
-
Income
1 800
1 800
1 800
1 800
Total tax
892
852
1 044
968
After tax
908
948
756
832
Living cost
359
359
359
359
Free-cash
549
589
397
473

Estimated living cost  is £359 per week

£252
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£77
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
£801
£1041
-£42
£117
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
-
-
-
511
health
-
-
-
19
accident
-
-
-
2
pensions
-
-
-
36
other
-
-
-
3
total
-
-
-
571
Employee
296
-
1 638
-
income
41
-
397
-
health
34
-
188
-
pensions
33
-
65
-
total
108
-
650
-
Employer
296
-
1 638
-
unemployment
7
-
40
-
pensions
48
-
94
-
accident
5
-
27
-
total
60
-
161
-
Corporate
1 444
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.

1 300
1 620
-
-
total
1 300
1 620
-
-
Dividends
144
180
-
-
withholding
27
34
-
-
total
27
34
-
-
Income
1 800
1 800
1 800
1 800
Total tax
1 495
1 654
811
571
After tax
305
146
989
1 229
Living cost
188
188
188
188
Free-cash
117
-42
801
1 041

Estimated living cost  is £188 per week

£138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£10
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£36
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
£778
£580
£578
£695
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
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.

-
-
-
580
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
trade
-
-
-
198
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
-
-
-
872
Employee

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

449
-
1 800
-
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
-
580
-
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
-
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
-
674
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 351
1 800
-
-
chamber of commerce
3
4
-
-
income
203
270
-
-
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
-
-
trade
194
258
-
-
total
411
547
-
-
Dividends
940
1 253
-
-
withholding
232
310
-
-
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
-
-
total
245
327
-
-
Income
1 800
1 800
1 800
1 800
Total tax
757
874
674
872
After tax
1 043
926
1 126
928
Living cost
348
348
348
348
Free-cash
695
578
778
580

Estimated living cost  is £348 per week

£240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£37
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£65
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
£583
£451
£1252
£1178
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
microenterprise
-
-
-
-
income
-
-
-
356
social contributions

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

-
-
-
346
surtax
-
-
-
459
total
-
-
-
1 161
Employee
264
-
1 388
-
income
47
-
298
-
social contributions

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

29
-
118
-
surtax
-
-
201
-
total
76
-
617
-
Employer
264
-
1 388
-
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
-
259
-
surtax
-
-
153
-
total
63
-
412
-
Corporate
1 473
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%.

295
360
-
-
total
295
360
-
-
Dividends

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

1 178
1 440
-
-
total
-
-
-
-
Income
1 800
1 800
1 800
1 800
Total tax
434
360
1 029
1 161
After tax
1 366
1 440
771
639
Living cost
188
188
188
188
Free-cash
1 178
1 252
583
451

Estimated living cost  is £188 per week

£120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£46
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
£974
£982
£1005
£986
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
-
-
-
551
health
-
-
-
63
pensions
-
-
-
86
total
-
-
-
700
Employee
180
-
1 703
-
income
35
-
546
-
health
9
-
22
-
unemployment
2
-
4
-
pensions
16
-
39
-
total
62
-
611
-
Employer
180
-
1 703
-
unemployment
4
-
9
-
pensions
20
-
47
-
health
17
-
41
-
total
41
-
97
-
Corporate
1 579
1 800
-
-
income
347
396
-
-
total
347
396
-
-
Dividends
1 232
1 404
-
-
withholding
246
281
-
-
total
246
281
-
-
Income
1 800
1 800
1 800
1 800
Total tax
696
677
708
700
After tax
1 104
1 123
1 092
1 100
Living cost
118
118
118
118
Free-cash
986
1 005
974
982

Estimated living cost  is £118 per week

£70
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.
£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.
£36
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
£591
£646
£929
£901
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
-
-
-
536
health
-
-
-
85
unemployment
-
-
-
2
surtax
-
-
-
87
pensions
-
-
-
241
other
-
-
-
-
total
-
-
-
951
Employee
304
-
1 547
-
other
-
-
-
-
income
51
-
482
-
health
8
-
31
-
unemployment
21
-
84
-
surtax
1
-
76
-
pensions
20
-
80
-
total
101
-
753
-
Employer
304
-
1 547
-
unemployment
10
-
38
-
pensions
40
-
160
-
other
-
-
-
-
health
14
-
55
-
total
64
-
253
-
Corporate
1 432
1 800
-
-
income
372
468
-
-
total
372
468
-
-
Dividends
1 060
1 332
-
-
withholding
159
200
-
-
total
159
200
-
-
Income
1 800
1 800
1 800
1 800
Total tax
696
668
1 006
951
After tax
1 104
1 132
794
849
Living cost
203
203
203
203
Free-cash
901
929
591
646

Estimated living cost  is £203 per week

£122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
£185
£638
£705
£702
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
-
-
-
536
chamber of commerce
-
-
-
7
health
-
-
-
81
unemployment
-
-
-
55
surtax
-
-
-
-
pensions
-
-
-
195
total
-
-
-
874
Employee
394
359
1 467
-
other
4
4
11
-
income
35
27
443
-
health
15
14
41
-
unemployment
12
11
32
-
pensions
40
37
108
-
total
106
93
635
-
Employer
394
359
1 467
-
unemployment
12
11
32
-
chamber of commerce
2
1
6
-
pensions
49