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
£ 1850
per

Your estimated
City
free-cash

Valencia , Spain
£754
£791
£986
£946
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
-
-
-
1 850
income
-
-
-
568
accident
-
-
-
7
unemployment
-
-
-
6
pensions
-
-
-
233
other
-
-
-
1
total
-
-
-
815
Employee
329
-
1 587
-
other
-
-
1
-
income
63
-
537
-
unemployment
5
-
13
-
pensions
15
-
39
-
total
83
-
590
-
Employer
329
-
1 587
-
unemployment
18
-
45
-
pensions
78
-
194
-
other
3
-
7
-
accident
7
-
16
-
total
106
-
262
-
Corporate
1 417
1 850
-
-
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.

213
277
-
-
total
213
277
-
-
Dividends
1 204
1 573
-
-
withholding
258
343
-
-
total
258
343
-
-
Income
1 850
1 850
1 850
1 850
Total tax
660
620
852
815
After tax
1 190
1 230
998
1 035
Living cost
244
244
244
244
Free-cash
946
986
754
791

Estimated living cost  is £244 per week

£165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£23
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£52
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
£834
£853
£1122
£1060
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
-
-
-
1 850
income
-
-
-
313
health
-
-
-
59
pensions

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

-
-
-
324
other
-
-
-
64
total
-
-
-
760
Employee
323
-
1 508
-
income
56
-
308
-
health
5
-
19
-
unemployment
3
-
14
-
pensions

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

23
-
95
-
total
87
-
436
-
Employer
323
-
1 508
-
unemployment
3
-
14
-
pensions

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

55
-
230
-
other
16
-
68
-
accident
3
-
12
-
health
5
-
19
-
total
82
-
343
-
Corporate
1 446
1 850
-
-
income
304
389
-
-
total
304
389
-
-
Dividends
1 142
1 461
-
-
withholding
80
102
-
-
total
80
102
-
-
Income
1 850
1 850
1 850
1 850
Total tax
553
491
779
760
After tax
1 297
1 359
1 071
1 090
Living cost
237
237
237
237
Free-cash
1 060
1 122
834
853

Estimated living cost  is £237 per week

£167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£16
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£50
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
£1451
£1373
£1466
£1423
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
-
-
-
1 850
income
-
-
-
278
health
-
-
-
36
unemployment
-
-
-
1
pensions

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

-
-
-
46
total
-
-
-
361
Employee
154
-
1 789
-
income
15
-
179
-
health
7
-
14
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
pensions

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

14
-
27
-
total
38
-
223
-
Employer
154
-
1 789
-
unemployment
1
-
2
-
pensions

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

17
-
34
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
health
11
-
21
-
total
31
-
60
-
Corporate
1 666
1 850
-
-
income
167
185
-
-
total
167
185
-
-
Dividends
1 499
1 665
-
-
withholding
75
83
-
-
total
75
83
-
-
Income
1 850
1 850
1 850
1 850
Total tax
311
268
283
361
After tax
1 539
1 582
1 567
1 489
Living cost
116
116
116
116
Free-cash
1 423
1 466
1 451
1 373

Estimated living cost  is £116 per week

£68
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£8
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£37
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
£678
£721
£629
£682
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 850
income
-
-
-
325
social contributions
-
-
-
53
health
-
-
-
87
surtax
-
-
-
-
pensions
-
-
-
303
other
-
-
-
57
total
-
-
-
825
Employee
380
-
1 418
-
income
22
-
292
-
social contributions
11
-
40
-
surtax
-
-
-
-
pensions
43
-
104
-
total
76
-
436
-
Employer
380
-
1 418
-
unemployment
15
-
57
-
social contributions
1
-
4
-
pensions
62
-
175
-
other
13
-
58
-
health
27
-
138
-
total
118
-
432
-
Corporate
1 351
1 850
-
-
income
378
518
-
-
surtax
-
-
-
-
total
378
518
-
-
Dividends
973
1 332
-
-
withholding
125
170
-
-
surtax
-
-
-
-
social contributions
167
229
-
-
total
292
399
-
-
Income
1 850
1 850
1 850
1 850
Total tax
864
917
868
825
After tax
986
933
982
1 025
Living cost
304
304
304
304
Free-cash
682
629
678
721

Estimated living cost  is £304 per week

£192
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£82
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
£810
£629
£548
£493
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
-
-
-
1 850
income
-
-
-
635
health
-
-
-
110
pensions
-
-
-
104
total
-
-
-
849
Employee
759
759
1 685
-
income

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

124
124
288
-
health
116
99
110
-
pensions
137
104
104
-
total
377
327
502
-
Employer
759
759
1 685
-
unemployment
27
27
34
-
pensions
53
53
66
-
health
53
53
66
-
total
133
133
166
-
Corporate
968
958
-
-
income
194
192
-
-
total
194
192
-
-
Dividends
774
767
-
-
withholding
116
115
-
-
income
165
163
-
-
total
281
278
-
-
Income
1 850
1 850
1 850
1 850
Total tax
985
930
668
849
After tax
865
920
1 182
1 001
Living cost
372
372
372
372
Free-cash
493
548
810
629

Estimated living cost  is £372 per week

£264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£69
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
£884
£658
£665
£761
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.

-
-
-
1 850
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.

-
-
-
603
health

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

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

-
-
-
61
trade
-
-
-
226
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.

-
-
-
33
total
-
-
-
923
Employee

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

340
-
1 850
-
income

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

9
-
603
-
health

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

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

61
-
61
-
surtax

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

1
-
33
-
total
71
-
697
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 510
1 850
-
-
chamber of commerce
4
4
-
-
income
227
277
-
-
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
238
291
-
-
total
481
587
-
-
Dividends
1 030
1 262
-
-
withholding
254
312
-
-
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.

14
17
-
-
total
268
329
-
-
Income
1 850
1 850
1 850
1 850
Total tax
820
916
697
923
After tax
1 030
934
1 153
927
Living cost
269
269
269
269
Free-cash
761
665
884
658

Estimated living cost  is £269 per week

£169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£31
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£63
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
£1029
£1044
£1142
£1095
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
-
-
-
1 850
income
-
-
-
409
social contributions
-
-
-
144
health
-
-
-
47
total
-
-
-
600
Employee
683
683
1 741
-
income
74
63
401
-
social contributions
26
57
76
-
health
5
12
30
-
total
105
132
507
-
Employer
683
683
1 741
-
social contributions
26
57
76
-
health
6
13
32
-
total
32
70
108
-
Corporate
1 507
1 097
-
-
income
188
137
-
-
total
188
137
-
-
Dividends
1 319
960
-
-
withholding
224
163
-
-
total
224
163
-
-
Income
1 850
1 850
1 850
1 850
Total tax
549
502
615
600
After tax
1 301
1 348
1 235
1 250
Living cost
206
206
206
206
Free-cash
1 095
1 142
1 029
1 044

Estimated living cost  is £206 per week

£123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
£554
£693
£773
£765
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.

-
-
-
1 850
income
-
-
-
235
social contributions

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

-
-
-
643
surtax
-
-
-
-
total
-
-
-
878
Employee
409
-
1 495
-
income
85
-
498
-
social contributions
45
-
164
-
surtax
-
-
-
-
total
130
-
662
-
Employer
409
-
1 495
-
social contributions
97
-
355
-
total
97
-
355
-
Corporate
1 344
1 850
-
-
income
282
389
-
-
surtax
-
-
-
-
total
282
389
-
-
Dividends
1 062
1 461
-
-
withholding
297
409
-
-
total
297
409
-
-
Income
1 850
1 850
1 850
1 850
Total tax
806
798
1 017
878
After tax
1 044
1 052
833
972
Living cost
279
279
279
279
Free-cash
765
773
554
693

Estimated living cost  is £279 per week

£209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£16
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£49
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
£1413
£1764
£1691
£1678
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%.

-
-
-
1 850
microenterprise

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

-
-
-
19
total
-
-
-
19
Employee
83
-
1 850
-
income
17
-
370
-
total
17
-
370
-
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%.

1 767
1 850
-
-
total
-
-
-
-
Dividends
1 767
1 850
-
-
withholding
88
92
-
-
total
88
92
-
-
Income
1 850
1 850
1 850
1 850
Total tax
105
92
370
19
After tax
1 745
1 758
1 480
1 831
Living cost
67
67
67
67
Free-cash
1 678
1 691
1 413
1 764

Estimated living cost  is £67 per week

£41
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£6
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£2
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£18
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Ljubljana , Slovenia
£596
£636
£1036
£961
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.

-
-
-
1 850
income
-
-
-
453
health
-
-
-
182
unemployment
-
-
-
3
pensions
-
-
-
338
total
-
-
-
976
Employee

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

393
-
1 601
-
income
68
-
413
-
health
25
-
103
-
unemployment
1
-
2
-
pensions
61
-
248
-
total
155
-
766
-
Employer

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

393
-
1 601
-
unemployment
-
-
1
-
pensions
35
-
142
-
health
26
-
107
-
total
61
-
250
-
Corporate
1 396
1 850
-
-
income
265
351
-
-
total
265
351
-
-
Dividends
1 131
1 499
-
-
withholding
170
225
-
-
total
170
225
-
-
Income
1 850
1 850
1 850
1 850
Total tax
651
576
1 016
976
After tax
1 199
1 274
834
874
Living cost
238
238
238
238
Free-cash
961
1 036
596
636

Estimated living cost  is £238 per week

£164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£55
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
£975
£1192
£832
£863
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.

-
-
-
1 850
income
-
-
-
277
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
-
-
-
335
Employee
408
-
1 809
-
social contributions
41
-
41
-
income
44
-
470
-
total
85
-
511
-
Employer
408
-
1 809
-
social contributions
41
-
41
-
total
41
-
41
-
Corporate
1 402
1 850
-
-
income
491
648
-
-
total
491
648
-
-
Dividends
911
1 202
-
-
social contributions
47
47
-
-
total
47
47
-
-
Income
1 850
1 850
1 850
1 850
Total tax
664
695
552
335
After tax
1 186
1 155
1 298
1 515
Living cost
323
323
323
323
Free-cash
863
832
975
1 192

Estimated living cost  is £323 per week

£212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£80
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
£954
£1001
£940
£945
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
-
-
-
1 850
income
-
-
-
277
social contributions
-
-
-
255
health
-
-
-
129
total
-
-
-
661
Employee
301
-
1 850
-
income
50
-
324
-
social contributions
42
-
255
-
health
21
-
129
-
total
113
-
708
-
Employer
301
-
1 850
-
total
-
-
-
-
Corporate
1 549
1 850
-
-
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%.

77
92
-
-
total
77
92
-
-
Dividends
1 471
1 758
-
-
withholding
221
264
-
-
health
103
123
-
-
social contributions
203
243
-
-
total
527
630
-
-
Income
1 850
1 850
1 850
1 850
Total tax
717
722
708
661
After tax
1 133
1 128
1 142
1 189
Living cost
188
188
188
188
Free-cash
945
940
954
1 001

Estimated living cost  is £188 per week

£126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£46
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
£768
£850
£1030
£944
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
-
-
-
1 850
income
-
-
-
197
social contributions
-
-
-
285
solidarity contribution
-
-
-
24
health
-
-
-
250
total
-
-
-
756
Employee
359
-
1 474
-
solidarity contribution
-
-
17
-
income
43
-
182
-
social contributions
23
-
63
-
health
48
-
199
-
total
114
-
461
-
Employer
359
-
1 474
-
social contributions
90
-
244
-
health
32
-
133
-
total
122
-
377
-
Corporate
1 369
1 850
-
-
income
260
351
-
-
total
260
351
-
-
Dividends
1 109
1 499
-
-
withholding
166
225
-
-
total
166
225
-
-
Income
1 850
1 850
1 850
1 850
Total tax
662
576
838
756
After tax
1 188
1 274
1 012
1 094
Living cost
244
244
244
244
Free-cash
944
1 030
768
850

Estimated living cost  is £244 per week

£181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£14
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£45
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
£1376
£1727
£1654
£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%.

-
-
-
1 850
microenterprise

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

-
-
-
19
total
-
-
-
19
Employee
130
-
1 850
-
income
26
-
370
-
total
26
-
370
-
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
1 850
-
-
total
-
-
-
-
Dividends
1 720
1 850
-
-
withholding
86
92
-
-
total
86
92
-
-
Income
1 850
1 850
1 850
1 850
Total tax
112
92
370
19
After tax
1 738
1 758
1 480
1 831
Living cost
104
104
104
104
Free-cash
1 634
1 654
1 376
1 727

Estimated living cost  is £104 per week

£70
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£4
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£26
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Paris , France
£553
£596
£504
£563
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
-
-
-
1 850
income
-
-
-
325
social contributions
-
-
-
53
health
-
-
-
87
surtax
-
-
-
-
pensions
-
-
-
303
other
-
-
-
57
total
-
-
-
825
Employee
556
-
1 418
-
income
49
-
292
-
social contributions
16
-
40
-
surtax
-
-
-
-
pensions
63
-
104
-
total
128
-
436
-
Employer
556
-
1 418
-
unemployment
23
-
57
-
social contributions
2
-
4
-
pensions
91
-
175
-
other
19
-
58
-
health
39
-
138
-
total
174
-
432
-
Corporate
1 120
1 850
-
-
income
314
518
-
-
surtax
-
-
-
-
total
314
518
-
-
Dividends
806
1 332
-
-
withholding
103
170
-
-
surtax
-
-
-
-
social contributions
139
229
-
-
total
242
399
-
-
Income
1 850
1 850
1 850
1 850
Total tax
858
917
868
825
After tax
992
933
982
1 025
Living cost
429
429
429
429
Free-cash
563
504
553
596

Estimated living cost  is £429 per week

£290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£35
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£98
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
£1022
£1024
£1183
£1139
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.

-
-
-
1 850
income
-
-
-
426
health
-
-
-
67
unemployment
-
-
-
10
pensions
-
-
-
170
total
-
-
-
673
Employee

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

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

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

231
-
1 733
-
income
32
-
426
-
health
12
-
34
-
unemployment
2
-
5
-
pensions
32
-
92
-
total
78
-
557
-
Employer

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

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

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

231
-
1 733
-
unemployment
2
-
5
-
pensions
28
-
79
-
health
12
-
34
-
total
42
-
118
-
Corporate
1 578
1 850
-
-
income
237
278
-
-
total
237
278
-
-
Dividends
1 341
1 572
-
-
withholding
201
236
-
-
total
201
236
-
-
Income
1 850
1 850
1 850
1 850
Total tax
558
514
675
673
After tax
1 292
1 336
1 175
1 177
Living cost
153
153
153
153
Free-cash
1 139
1 183
1 022
1 024

Estimated living cost  is £153 per week

£103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£34
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
£778
£844
£224
£490
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
-
-
-
1 850
regional
-
-
-
104
national
-
-
-
49
health
-
-
-
4
city
-
-
-
20
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.

-
-
-
37
pensions
-
-
-
170
total
-
-
-
384
Employee
728
-
1 666
-
regional
24
-
93
-
city
8
-
18
-
health
2
-
4
-
unemployment
-
-
-
-
national
3
-
40
-
pensions
61
-
129
-
total
98
-
284
-
Employer
728
-
1 666
-
unemployment
-
-
-
-
pensions
61
-
129
-
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
-
33
-
health
2
-
4
-
total
78
-
166
-
Corporate
1 037
1 850
-
-
regional
219
391
-
-
national
88
157
-
-
total
307
548
-
-
Dividends
729
1 301
-
-
withholding
255
456
-
-
total
255
456
-
-
Income
1 850
1 850
1 850
1 850
Total tax
738
1 004
450
384
After tax
1 112
846
1 400
1 466
Living cost
622
622
622
622
Free-cash
490
224
778
844

Estimated living cost  is £622 per week

£404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£56
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

Helsinki , Finland
£600
£810
£800
£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

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

-
-
-
1 850
municipal
-
-
-
329
national
-
-
-
345
health
-
-
-
25
total
-
-
-
699
Employee
467
-
1 556
-
health
3
-
20
-
unemployment
7
-
23
-
national
8
-
214
-
municipal
77
-
253
-
pensions
32
-
105
-
total
127
-
615
-
Employer
467
-
1 556
-
unemployment
3
-
10
-
pensions
81
-
270
-
accident
-
-
2
-
health
4
-
12
-
total
88
-
294
-
Corporate
1 294
1 850
-
-
income
259
370
-
-
total
259
370
-
-
Dividends

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

777
1 110
-
-
national
68
139
-
-
municipal
140
200
-
-
total
208
339
-
-
Income
1 850
1 850
1 850
1 850
Total tax
682
709
909
699
After tax
1 168
1 141
941
1 151
Living cost
341
341
341
341
Free-cash
827
800
600
810

Estimated living cost  is £341 per week

£223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£33
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£80
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
£313
£479
£699
£577
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
-
-
-
1 850
national
-
-
-
727
social contributions
-
-
-
222
communal

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

-
-
-
98
total
-
-
-
1 047
Employee

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

636
-
1 433
-
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
-
67
-
communal

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

33
-
75
-
unemployment

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

6
-
12
-
national
195
-
535
-
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
-
107
-
total
312
-
796
-
Employer

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

636
-
1 433
-
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
-
21
-
pensions

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

56
-
127
-
surtax
72
-
162
-
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
-
19
-
health

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

39
-
88
-
total
184
-
417
-
Corporate
1 029
1 850
-
-
income
206
385
-
-
surtax
4
8
-
-
total
210
393
-
-
Dividends
819
1 458
-
-
withholding

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

243
434
-
-
total
243
434
-
-
Income
1 850
1 850
1 850
1 850
Total tax
949
827
1 213
1 047
After tax
901
1 023
637
803
Living cost
324
324
324
324
Free-cash
577
699
313
479

Estimated living cost  is £324 per week

£209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£28
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£82
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
£561
£569
£645
£637
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
-
-
-
1 850
municipal
-
-
-
483
national
-
-
-
200
health
-
-
-
50
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
87
other
-
-
-
93
total
-
-
-
916
Employee
521
-
1 598
-
national
-
-
195
-
municipal
155
-
477
-
total
155
-
672
-
Employer
521
-
1 598
-
unemployment
14
-
21
-
pensions
56
-
87
-
other
60
-
93
-
accident
1
-
2
-
health
32
-
49
-
total
163
-
252
-
Corporate
1 166
1 850
-
-
income
257
407
-
-
total
257
407
-
-
Dividends
909
1 443
-
-
withholding
273
433
-
-
total
273
433
-
-
Income
1 850
1 850
1 850
1 850
Total tax
848
840
924
916
After tax
1 002
1 010
926
934
Living cost
365
365
365
365
Free-cash
637
645
561
569

Estimated living cost  is £365 per week

£242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£36
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£82
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
£1321
£873
£721
£274
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
-
-
-
1 850
income
-
-
-
361
social contributions
-
-
-
211
total
-
-
-
572
Employee
581
-
-
-
income
128
-
-
-
social contributions
48
-
7
-
total
176
-
7
-
Employer
581
-
-
-
social contributions
819
-
117
-
total
819
-
117
-
Corporate
451
1 850
-
-
income
99
407
-
-
total
99
407
-
-
Dividends
352
1 443
-
-
income
77
317
-
-
total
77
317
-
-
Income
1 850
1 850
1 850
1 850
Total tax
1 171
724
124
572
After tax
679
1 126
1 726
1 278
Living cost
405
405
405
405
Free-cash
274
721
1 321
873

Estimated living cost  is £405 per week

£263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£38
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£99
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
£947
£962
£1060
£1024
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
-
-
-
1 850
income
-
-
-
409
social contributions
-
-
-
144
health
-
-
-
47
total
-
-
-
600
Employee
683
683
1 741
-
income
72
63
401
-
social contributions
33
57
76
-
health
7
12
30
-
total
112
132
507
-
Employer
683
683
1 741
-
social contributions
33
57
76
-
health
7
13
32
-
total
40
70
108
-
Corporate
1 409
1 097
-
-
income
176
137
-
-
total
176
137
-
-
Dividends
1 233
960
-
-
withholding
210
163
-
-
total
210
163
-
-
Income
1 850
1 850
1 850
1 850
Total tax
538
502
615
600
After tax
1 312
1 348
1 235
1 250
Living cost
288
288
288
288
Free-cash
1 024
1 060
947
962

Estimated living cost  is £288 per week

£197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£23
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
£714
£879
£853
£905
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
-
-
-
1 850
income
-
-
-
562
pensions
-
-
-
85
total
-
-
-
647
Employee
445
-
1 613
-
income
81
-
451
-
health
6
-
22
-
pensions
34
-
102
-
total
121
-
575
-
Employer
445
-
1 613
-
pensions
45
-
206
-
health
8
-
31
-
total
53
-
237
-
Corporate
1 351
1 850
-
-
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.

257
352
-
-
total
257
352
-
-
Dividends
1 095
1 498
-
-
withholding
190
321
-
-
total
190
321
-
-
Income
1 850
1 850
1 850
1 850
Total tax
621
673
812
647
After tax
1 229
1 177
1 038
1 203
Living cost
324
324
324
324
Free-cash
905
853
714
879

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
£433
£505
£621
£581
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
-
-
-
1 850
municipal
-
-
-
13
regional
-
-
-
44
national
-
-
-
489
social contributions
-
-
-
445
total
-
-
-
991
Employee
749
-
1 850
-
regional
11
-
39
-
social contributions
252
-
583
-
national
127
-
430
-
municipal
4
-
11
-
total
394
-
1 063
-
Employer
749
-
1 850
-
total
-
-
-
-
Corporate
1 101
1 850
-
-
nationa
264
444
-
-
municipal
53
89
-
-
total
317
533
-
-
Dividends
784
1 317
-
-
withholding
204
342
-
-
total
204
342
-
-
Income
1 850
1 850
1 850
1 850
Total tax
915
875
1 063
991
After tax
935
975
787
859
Living cost
354
354
354
354
Free-cash
581
621
433
505

Estimated living cost  is £354 per week

£249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£24
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£76
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
£833
£1078
-£36
£122
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
-
-
-
1 850
income
-
-
-
528
health
-
-
-
18
accident
-
-
-
2
pensions
-
-
-
35
other
-
-
-
3
total
-
-
-
586
Employee
292
-
1 687
-
income
40
-
412
-
health
33
-
193
-
pensions
33
-
64
-
total
106
-
669
-
Employer
292
-
1 687
-
unemployment
7
-
41
-
pensions
48
-
93
-
accident
5
-
28
-
total
60
-
162
-
Corporate
1 498
1 850
-
-
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.

1 348
1 665
-
-
total
1 348
1 665
-
-
Dividends
150
185
-
-
withholding
28
35
-
-
total
28
35
-
-
Income
1 850
1 850
1 850
1 850
Total tax
1 542
1 700
831
586
After tax
308
150
1 019
1 264
Living cost
186
186
186
186
Free-cash
122
-36
833
1 078

Estimated living cost  is £186 per week

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

Additional information

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

Berlin , Germany
£810
£604
£609
£725
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.

-
-
-
1 850
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.

-
-
-
603
health

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

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

-
-
-
61
trade
-
-
-
206
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.

-
-
-
33
total
-
-
-
903
Employee

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

442
-
1 850
-
income

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

36
-
603
-
health

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

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

61
-
61
-
surtax

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

2
-
33
-
total
99
-
697
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 408
1 850
-
-
chamber of commerce
3
4
-
-
income
211
277
-
-
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
202
265
-
-
total
428
561
-
-
Dividends
980
1 288
-
-
withholding
242
319
-
-
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
18
-
-
total
255
337
-
-
Income
1 850
1 850
1 850
1 850
Total tax
782
898
697
903
After tax
1 068
952
1 153
947
Living cost
343
343
343
343
Free-cash
725
609
810
604

Estimated living cost  is £343 per week

£237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£37
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£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
£612
£478
£1295
£1221
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.

-
-
-
1 850
microenterprise
-
-
-
-
income
-
-
-
375
social contributions

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

-
-
-
340
surtax
-
-
-
472
total
-
-
-
1 187
Employee
260
-
1 437
-
income
46
-
316
-
social contributions

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

29
-
116
-
surtax
-
-
208
-
total
75
-
640
-
Employer
260
-
1 437
-
social contributions

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

63
-
255
-
surtax
-
-
158
-
total
63
-
413
-
Corporate
1 528
1 850
-
-
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%.

306
370
-
-
total
306
370
-
-
Dividends

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

1 222
1 480
-
-
total
-
-
-
-
Income
1 850
1 850
1 850
1 850
Total tax
444
370
1 053
1 187
After tax
1 406
1 480
797
663
Living cost
185
185
185
185
Free-cash
1 221
1 295
612
478

Estimated living cost  is £185 per week

£118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£45
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
£1012
£1020
£1039
£1020
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
-
-
-
1 850
income
-
-
-
570
health
-
-
-
61
pensions
-
-
-
84
total
-
-
-
715
Employee
175
-
1 756
-
income
34
-
566
-
health
9
-
21
-
unemployment
2
-
4
-
pensions
16
-
38
-
total
61
-
629
-
Employer
175
-
1 756
-
unemployment
3
-
8
-
pensions
19
-
46
-
health
17
-
40
-
total
39
-
94
-
Corporate
1 636
1 850
-
-
income
360
407
-
-
total
360
407
-
-
Dividends
1 276
1 443
-
-
withholding
255
289
-
-
total
255
289
-
-
Income
1 850
1 850
1 850
1 850
Total tax
715
696
723
715
After tax
1 135
1 154
1 127
1 135
Living cost
115
115
115
115
Free-cash
1 020
1 039
1 012
1 020

Estimated living cost  is £115 per week

£68
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£9
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£35
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
£617
£672
£964
£935
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
-
-
-
1 850
income
-
-
-
562
health
-
-
-
84
unemployment
-
-
-
2
surtax
-
-
-
93
pensions
-
-
-
237
other
-
-
-
-
total
-
-
-
978
Employee
299
-
1 600
-
other
-
-
-
-
income
50
-
509
-
health
8
-
30
-
unemployment
21
-
83
-
surtax
1
-
82
-
pensions
20
-
79
-
total
100
-
783
-
Employer
299
-
1 600
-
unemployment
9
-
38
-
pensions
40
-
158
-
other
-
-
-
-
health
14
-
54
-
total
63
-
250
-
Corporate
1 488
1 850
-
-
income
387
481
-
-
total
387
481
-
-
Dividends
1 101
1 369
-
-
withholding
165
205
-
-
total
165
205
-
-
Income
1 850
1 850
1 850
1 850
Total tax
715
686
1 033
978
After tax
1 135
1 164
817
872
Living cost
200
200
200
200
Free-cash
935
964
617
672

Estimated living cost  is £200 per week

£120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£57
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
£206
£670
£737
£733
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
-
-
-
1 850
income
-
-
-
565
chamber of commerce
-
-
-
7
health
-
-
-
79
unemployment
-
-
-
54
surtax
-
-
-
-
pensions
-
-
-
192
total
-
-
-
897
Employee
388
354
1 516
-
other
4
4
10
-
income
35
26
471
-
health
15
14
40
-
unemployment
12
11
31
-
pensions
40
36
106
-
total
106
91
658
-
Employer
388
354
1 516
-
unemployment
12
11
31
-
chamber of commerce
2
1
6
-
pensions