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
£ 1900
per

Your estimated
City
free-cash

Valencia , Spain
£973
£774
£812
£1013
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
-
-
-
1 900
unemployment
-
-
-
6
income
-
-
-
584
other
-
-
-
1
accident
-
-
-
8
pensions
-
-
-
239
total
-
-
-
838
Employee
337
-
1 631
-
unemployment
5
-
13
-
pensions
16
-
40
-
income
65
-
553
-
other
-
-
1
-
total
86
-
607
-
Employer
337
-
1 631
-
pensions
79
-
199
-
accident
7
-
17
-
unemployment
19
-
46
-
other
3
-
7
-
total
108
-
269
-
Corporate
1 456
1 900
-
-
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.

218
285
-
-
total
218
285
-
-
Dividends
1 238
1 615
-
-
withholding
265
352
-
-
total
265
352
-
-
Income
1 900
1 900
1 900
1 900
Total tax
677
637
876
838
After tax
1 223
1 263
1 024
1 062
Living cost
250
250
250
250
Free-cash
973
1 013
774
812

Estimated living cost  is £250 per week

£169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£24
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£53
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
£1091
£862
£876
£1153
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
-
-
-
1 900
pensions

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

-
-
-
332
income
-
-
-
322
other
-
-
-
66
health
-
-
-
61
total
-
-
-
781
Employee
330
-
1 550
-
health
5
-
19
-
unemployment
3
-
14
-
pensions

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

23
-
97
-
income
57
-
316
-
total
88
-
446
-
Employer
330
-
1 550
-
health
5
-
19
-
pensions

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

56
-
235
-
accident
3
-
12
-
unemployment
3
-
14
-
other
17
-
69
-
total
84
-
349
-
Corporate
1 486
1 900
-
-
income
312
399
-
-
total
312
399
-
-
Dividends
1 174
1 501
-
-
withholding
82
105
-
-
total
82
105
-
-
Income
1 900
1 900
1 900
1 900
Total tax
566
504
795
781
After tax
1 334
1 396
1 105
1 119
Living cost
243
243
243
243
Free-cash
1 091
1 153
862
876

Estimated living cost  is £243 per week

£171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£16
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£51
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
£1463
£1489
£1411
£1506
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
-
-
-
1 900
pensions

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

-
-
-
47
unemployment
-
-
-
1
income
-
-
-
285
health
-
-
-
37
total
-
-
-
370
Employee
158
-
1 838
-
health
7
-
15
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
pensions

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

14
-
28
-
income
16
-
184
-
total
39
-
230
-
Employer
158
-
1 838
-
health
11
-
22
-
pensions

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

17
-
35
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
unemployment
1
-
2
-
total
31
-
62
-
Corporate
1 711
1 900
-
-
income
171
190
-
-
total
171
190
-
-
Dividends
1 540
1 710
-
-
withholding
77
85
-
-
total
77
85
-
-
Income
1 900
1 900
1 900
1 900
Total tax
318
275
292
370
After tax
1 582
1 625
1 608
1 530
Living cost
119
119
119
119
Free-cash
1 463
1 506
1 489
1 411

Estimated living cost  is £119 per week

£70
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£9
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£38
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
£701
£696
£741
£647
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
-
-
-
1 900
income
-
-
-
334
other
-
-
-
59
health
-
-
-
90
social contributions
-
-
-
54
pensions
-
-
-
311
surtax
-
-
-
-
total
-
-
-
848
Employee
390
-
1 456
-
pensions
44
-
107
-
income
23
-
301
-
social contributions
11
-
41
-
surtax
-
-
-
-
total
78
-
449
-
Employer
390
-
1 456
-
health
27
-
142
-
social contributions
1
-
4
-
pensions
64
-
180
-
unemployment
16
-
59
-
other
13
-
59
-
total
121
-
444
-
Corporate
1 389
1 900
-
-
income
389
532
-
-
surtax
-
-
-
-
total
389
532
-
-
Dividends
1 000
1 368
-
-
social contributions
172
235
-
-
surtax
-
-
-
-
withholding
128
175
-
-
total
300
410
-
-
Income
1 900
1 900
1 900
1 900
Total tax
888
942
893
848
After tax
1 012
958
1 007
1 052
Living cost
311
311
311
311
Free-cash
701
647
696
741

Estimated living cost  is £311 per week

£196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£84
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
£509
£834
£647
£565
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
-
-
-
1 900
pensions
-
-
-
107
income
-
-
-
653
health
-
-
-
112
total
-
-
-
872
Employee
777
777
1 731
-
health
119
101
112
-
pensions
140
107
107
-
income

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

127
127
297
-
total
386
335
516
-
Employer
777
777
1 731
-
health
54
54
67
-
pensions
54
54
67
-
unemployment
28
28
35
-
total
136
136
169
-
Corporate
996
987
-
-
income
199
197
-
-
total
199
197
-
-
Dividends
797
789
-
-
income
169
168
-
-
withholding
120
118
-
-
total
289
286
-
-
Income
1 900
1 900
1 900
1 900
Total tax
1 010
954
685
872
After tax
890
946
1 215
1 028
Living cost
381
381
381
381
Free-cash
509
565
834
647

Estimated living cost  is £381 per week

£270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£71
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
£782
£908
£675
£681
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.

-
-
-
1 900
trade
-
-
-
233
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.

-
-
-
620
health

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

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

-
-
-
62
surtax

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

-
-
-
34
total
-
-
-
949
Employee

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

348
-
1 900
-
health

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

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

62
-
62
-
income

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

10
-
620
-
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
-
34
-
total
73
-
716
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 552
1 900
-
-
income
233
285
-
-
trade
244
299
-
-
surtax

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

13
16
-
-
chamber of commerce
4
4
-
-
total
494
604
-
-
Dividends
1 058
1 296
-
-
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
18
-
-
withholding
261
321
-
-
total
275
339
-
-
Income
1 900
1 900
1 900
1 900
Total tax
842
943
716
949
After tax
1 058
957
1 184
951
Living cost
276
276
276
276
Free-cash
782
681
908
675

Estimated living cost  is £276 per week

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

Additional information

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

Larnaca , Cyprus
£1126
£1058
£1074
£1174
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
-
-
-
1 900
income
-
-
-
420
health
-
-
-
48
social contributions
-
-
-
147
total
-
-
-
615
Employee
700
700
1 789
-
health
5
12
30
-
income
76
65
412
-
social contributions
26
58
78
-
total
107
135
520
-
Employer
700
700
1 789
-
health
6
13
33
-
social contributions
26
58
78
-
total
32
71
111
-
Corporate
1 549
1 129
-
-
income
194
141
-
-
total
194
141
-
-
Dividends
1 355
988
-
-
withholding
230
168
-
-
total
230
168
-
-
Income
1 900
1 900
1 900
1 900
Total tax
563
515
631
615
After tax
1 337
1 385
1 269
1 285
Living cost
211
211
211
211
Free-cash
1 126
1 174
1 058
1 074

Estimated living cost  is £211 per week

£126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£21
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£59
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
£786
£568
£713
£795
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.

-
-
-
1 900
income
-
-
-
241
social contributions

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

-
-
-
660
surtax
-
-
-
-
total
-
-
-
901
Employee
419
-
1 535
-
income
87
-
512
-
social contributions
46
-
169
-
surtax
-
-
-
-
total
133
-
681
-
Employer
419
-
1 535
-
social contributions
99
-
365
-
total
99
-
365
-
Corporate
1 382
1 900
-
-
income
290
399
-
-
surtax
-
-
-
-
total
290
399
-
-
Dividends
1 092
1 501
-
-
withholding
306
420
-
-
total
306
420
-
-
Income
1 900
1 900
1 900
1 900
Total tax
828
819
1 046
901
After tax
1 072
1 081
854
999
Living cost
286
286
286
286
Free-cash
786
795
568
713

Estimated living cost  is £286 per week

£214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£50
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
£1724
£1452
£1813
£1737
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%.

-
-
-
1 900
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
85
-
1 900
-
income
17
-
380
-
total
17
-
380
-
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%.

1 815
1 900
-
-
total
-
-
-
-
Dividends
1 815
1 900
-
-
withholding
91
95
-
-
total
91
95
-
-
Income
1 900
1 900
1 900
1 900
Total tax
108
95
380
19
After tax
1 792
1 805
1 520
1 881
Living cost
68
68
68
68
Free-cash
1 724
1 737
1 452
1 813

Estimated living cost  is £68 per week

£42
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£6
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£2
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£18
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Ljubljana , Slovenia
£988
£614
£653
£1064
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.

-
-
-
1 900
pensions
-
-
-
347
unemployment
-
-
-
3
income
-
-
-
466
health
-
-
-
187
total
-
-
-
1 003
Employee

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

403
-
1 644
-
health
26
-
106
-
unemployment
1
-
2
-
pensions
62
-
255
-
income
69
-
424
-
total
158
-
787
-
Employer

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

403
-
1 644
-
health
27
-
109
-
pensions
36
-
145
-
unemployment
-
-
1
-
total
63
-
255
-
Corporate
1 435
1 900
-
-
income
273
361
-
-
total
273
361
-
-
Dividends
1 162
1 539
-
-
withholding
174
231
-
-
total
174
231
-
-
Income
1 900
1 900
1 900
1 900
Total tax
668
592
1 042
1 003
After tax
1 232
1 308
858
897
Living cost
244
244
244
244
Free-cash
988
1 064
614
653

Estimated living cost  is £244 per week

£168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£16
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£56
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
£889
£1003
£1227
£857
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.

-
-
-
1 900
income
-
-
-
285
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
-
-
-
343
Employee
418
-
1 858
-
social contributions
42
-
42
-
income
45
-
483
-
total
87
-
525
-
Employer
418
-
1 858
-
social contributions
42
-
42
-
total
42
-
42
-
Corporate
1 441
1 900
-
-
income
504
665
-
-
total
504
665
-
-
Dividends
936
1 235
-
-
social contributions
48
48
-
-
total
48
48
-
-
Income
1 900
1 900
1 900
1 900
Total tax
681
713
567
343
After tax
1 219
1 187
1 333
1 557
Living cost
330
330
330
330
Free-cash
889
857
1 003
1 227

Estimated living cost  is £330 per week

£218
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£26
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£82
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
£969
£979
£1027
£966
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
-
-
-
1 900
income
-
-
-
285
health
-
-
-
133
social contributions
-
-
-
262
total
-
-
-
680
Employee
309
-
1 900
-
health
22
-
133
-
income
51
-
333
-
social contributions
43
-
262
-
total
116
-
728
-
Employer
309
-
1 900
-
total
-
-
-
-
Corporate
1 591
1 900
-
-
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%.

80
95
-
-
total
80
95
-
-
Dividends
1 512
1 805
-
-
social contributions
209
249
-
-
withholding
227
271
-
-
health
106
126
-
-
total
542
646
-
-
Income
1 900
1 900
1 900
1 900
Total tax
738
741
728
680
After tax
1 162
1 159
1 172
1 220
Living cost
193
193
193
193
Free-cash
969
966
979
1 027

Estimated living cost  is £193 per week

£129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£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
£964
£784
£869
£1054
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
-
-
-
1 900
income
-
-
-
202
health
-
-
-
256
social contributions
-
-
-
296
solidarity contribution
-
-
-
23
total
-
-
-
777
Employee
373
-
1 510
-
health
50
-
204
-
solidarity contribution
-
-
16
-
income
45
-
186
-
social contributions
24
-
66
-
total
119
-
472
-
Employer
373
-
1 510
-
health
34
-
136
-
social contributions
93
-
254
-
total
127
-
390
-
Corporate
1 400
1 900
-
-
income
266
361
-
-
total
266
361
-
-
Dividends
1 134
1 539
-
-
withholding
170
231
-
-
total
170
231
-
-
Income
1 900
1 900
1 900
1 900
Total tax
682
592
862
777
After tax
1 218
1 308
1 038
1 123
Living cost
254
254
254
254
Free-cash
964
1 054
784
869

Estimated living cost  is £254 per week

£189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£14
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£47
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
£1680
£1414
£1775
£1699
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%.

-
-
-
1 900
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
132
-
1 900
-
income
26
-
380
-
total
26
-
380
-
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%.

1 768
1 900
-
-
total
-
-
-
-
Dividends
1 768
1 900
-
-
withholding
88
95
-
-
total
88
95
-
-
Income
1 900
1 900
1 900
1 900
Total tax
114
95
380
19
After tax
1 786
1 805
1 520
1 881
Living cost
106
106
106
106
Free-cash
1 680
1 699
1 414
1 775

Estimated living cost  is £106 per week

£72
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£4
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£26
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Paris , France
£579
£567
£612
£518
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
-
-
-
1 900
income
-
-
-
334
other
-
-
-
59
health
-
-
-
90
social contributions
-
-
-
54
pensions
-
-
-
311
surtax
-
-
-
-
total
-
-
-
848
Employee
570
-
1 456
-
pensions
64
-
107
-
income
50
-
301
-
social contributions
16
-
41
-
surtax
-
-
-
-
total
130
-
449
-
Employer
570
-
1 456
-
health
40
-
142
-
social contributions
2
-
4
-
pensions
94
-
180
-
unemployment
23
-
59
-
other
20
-
59
-
total
179
-
444
-
Corporate
1 152
1 900
-
-
income
323
532
-
-
surtax
-
-
-
-
total
323
532
-
-
Dividends
829
1 368
-
-
social contributions
143
235
-
-
surtax
-
-
-
-
withholding
106
175
-
-
total
249
410
-
-
Income
1 900
1 900
1 900
1 900
Total tax
881
942
893
848
After tax
1 019
958
1 007
1 052
Living cost
440
440
440
440
Free-cash
579
518
567
612

Estimated living cost  is £440 per week

£298
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£36
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
£1171
£1052
£1053
£1216
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.

-
-
-
1 900
pensions
-
-
-
174
unemployment
-
-
-
10
income
-
-
-
437
health
-
-
-
69
total
-
-
-
690
Employee

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

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

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

237
-
1 780
-
health
12
-
35
-
unemployment
2
-
5
-
pensions
33
-
94
-
income
33
-
437
-
total
80
-
571
-
Employer

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

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

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

237
-
1 780
-
health
12
-
35
-
pensions
28
-
80
-
unemployment
2
-
5
-
total
42
-
120
-
Corporate
1 621
1 900
-
-
income
243
285
-
-
total
243
285
-
-
Dividends
1 378
1 615
-
-
withholding
207
242
-
-
total
207
242
-
-
Income
1 900
1 900
1 900
1 900
Total tax
572
527
691
690
After tax
1 328
1 373
1 209
1 210
Living cost
157
157
157
157
Free-cash
1 171
1 216
1 052
1 053

Estimated living cost  is £157 per week

£106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£35
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
£506
£804
£871
£236
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
-
-
-
1 900
pensions
-
-
-
175
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.

-
-
-
38
health
-
-
-
4
regional
-
-
-
108
national
-
-
-
51
total
-
-
-
396
Employee
741
-
1 711
-
health
2
-
4
-
unemployment
-
-
-
-
city
8
-
19
-
pensions
62
-
132
-
regional
24
-
96
-
national
4
-
42
-
total
100
-
293
-
Employer
741
-
1 711
-
health
2
-
4
-
pensions
62
-
132
-
unemployment
-
-
-
-
other

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

15
-
34
-
total
79
-
170
-
Corporate
1 073
1 900
-
-
regional
227
402
-
-
national
91
161
-
-
total
318
563
-
-
Dividends
755
1 337
-
-
withholding
264
468
-
-
total
264
468
-
-
Income
1 900
1 900
1 900
1 900
Total tax
761
1 031
463
396
After tax
1 139
869
1 437
1 504
Living cost
633
633
633
633
Free-cash
506
236
804
871

Estimated living cost  is £633 per week

£411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£57
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

Helsinki , Finland
£852
£616
£834
£823
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

-
-
-
1 900
municipal
-
-
-
337
health
-
-
-
25
national
-
-
-
355
total
-
-
-
717
Employee
479
-
1 598
-
health
4
-
21
-
unemployment
7
-
24
-
pensions
32
-
108
-
national
8
-
221
-
municipal
78
-
260
-
total
129
-
634
-
Employer
479
-
1 598
-
health
4
-
12
-
pensions
83
-
277
-
accident
-
-
2
-
unemployment
3
-
10
-
total
90
-
301
-
Corporate
1 331
1 900
-
-
income
266
380
-
-
total
266
380
-
-
Dividends

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

798
1 140
-
-
municipal
144
205
-
-
national
70
143
-
-
total
214
348
-
-
Income
1 900
1 900
1 900
1 900
Total tax
699
728
935
717
After tax
1 201
1 172
965
1 183
Living cost
349
349
349
349
Free-cash
852
823
616
834

Estimated living cost  is £349 per week

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

Additional information

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

Brussels , Belgium
£592
£322
£494
£718
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
-
-
-
1 900
communal

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

-
-
-
100
social contributions
-
-
-
227
national
-
-
-
747
total
-
-
-
1 074
Employee

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

651
-
1 472
-
health

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

31
-
69
-
communal

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

34
-
77
-
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
-
13
-
pensions

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

49
-
110
-
national
200
-
550
-
total
320
-
819
-
Employer

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

651
-
1 472
-
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
-
90
-
pensions

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

58
-
130
-
surtax
74
-
167
-
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
-
unemployment

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

10
-
21
-
total
190
-
427
-
Corporate
1 059
1 900
-
-
income
212
396
-
-
surtax
4
8
-
-
total
216
404
-
-
Dividends
843
1 497
-
-
withholding

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

250
446
-
-
total
250
446
-
-
Income
1 900
1 900
1 900
1 900
Total tax
976
850
1 246
1 074
After tax
924
1 050
654
826
Living cost
332
332
332
332
Free-cash
592
718
322
494

Estimated living cost  is £332 per week

£214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£29
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£84
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
£637
£563
£573
£645
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
-
-
-
1 900
unemployment
-
-
-
1
municipal
-
-
-
492
other
-
-
-
100
health
-
-
-
54
national
-
-
-
193
accident
-
-
-
2
pensions
-
-
-
93
total
-
-
-
935
Employee
559
-
1 630
-
national
-
-
188
-
municipal
167
-
486
-
total
167
-
674
-
Employer
559
-
1 630
-
health
34
-
53
-
pensions
60
-
93
-
accident
1
-
2
-
unemployment
15
-
23
-
other
65
-
100
-
total
175
-
271
-
Corporate
1 165
1 900
-
-
income
256
418
-
-
total
256
418
-
-
Dividends
909
1 482
-
-
withholding
273
445
-
-
total
273
445
-
-
Income
1 900
1 900
1 900
1 900
Total tax
871
863
945
935
After tax
1 029
1 037
955
965
Living cost
392
392
392
392
Free-cash
637
645
563
573

Estimated living cost  is £392 per week

£260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£39
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£88
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
£247
£1337
£881
£724
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
-
-
-
1 900
income
-
-
-
370
social contributions
-
-
-
217
total
-
-
-
587
Employee
619
-
-
-
income
137
-
-
-
social contributions
51
-
7
-
total
188
-
7
-
Employer
619
-
-
-
social contributions
873
-
124
-
total
873
-
124
-
Corporate
407
1 900
-
-
income
90
418
-
-
total
90
418
-
-
Dividends
318
1 482
-
-
income
70
326
-
-
total
70
326
-
-
Income
1 900
1 900
1 900
1 900
Total tax
1 221
744
131
587
After tax
679
1 156
1 769
1 313
Living cost
432
432
432
432
Free-cash
247
724
1 337
881

Estimated living cost  is £432 per week

£280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£41
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£106
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
£1052
£974
£990
£1090
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
-
-
-
1 900
income
-
-
-
420
health
-
-
-
48
social contributions
-
-
-
147
total
-
-
-
615
Employee
700
700
1 789
-
health
7
12
30
-
income
74
65
412
-
social contributions
34
58
78
-
total
115
135
520
-
Employer
700
700
1 789
-
health
8
13
33
-
social contributions
34
58
78
-
total
42
71
111
-
Corporate
1 449
1 129
-
-
income
181
141
-
-
total
181
141
-
-
Dividends
1 268
988
-
-
withholding
215
168
-
-
total
215
168
-
-
Income
1 900
1 900
1 900
1 900
Total tax
553
515
631
615
After tax
1 347
1 385
1 269
1 285
Living cost
295
295
295
295
Free-cash
1 052
1 090
974
990

Estimated living cost  is £295 per week

£202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£23
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£65
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
£933
£739
£909
£881
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
-
-
-
1 900
income
-
-
-
581
pensions
-
-
-
86
total
-
-
-
667
Employee
445
-
1 656
-
health
6
-
23
-
pensions
34
-
103
-
income
81
-
468
-
total
121
-
594
-
Employer
445
-
1 656
-
health
8
-
31
-
pensions
45
-
212
-
total
53
-
243
-
Corporate
1 401
1 900
-
-
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.

266
361
-
-
total
266
361
-
-
Dividends
1 135
1 539
-
-
withholding
203
334
-
-
total
203
334
-
-
Income
1 900
1 900
1 900
1 900
Total tax
643
695
837
667
After tax
1 257
1 205
1 063
1 233
Living cost
324
324
324
324
Free-cash
933
881
739
909

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
£594
£446
£520
£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
-
-
-
1 900
municipal
-
-
-
13
regional
-
-
-
45
social contributions
-
-
-
456
national
-
-
-
503
total
-
-
-
1 017
Employee
767
-
1 900
-
social contributions
259
-
597
-
regional
12
-
40
-
national
130
-
442
-
municipal
5
-
12
-
total
406
-
1 091
-
Employer
767
-
1 900
-
total
-
-
-
-
Corporate
1 133
1 900
-
-
nationa
272
456
-
-
municipal
55
92
-
-
total
327
548
-
-
Dividends
806
1 352
-
-
withholding
210
352
-
-
total
210
352
-
-
Income
1 900
1 900
1 900
1 900
Total tax
943
900
1 091
1 017
After tax
957
1 000
809
883
Living cost
363
363
363
363
Free-cash
594
637
446
520

Estimated living cost  is £363 per week

£255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£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
£124
£852
£1106
-£39
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
-
-
-
1 900
pensions
-
-
-
36
income
-
-
-
541
other
-
-
-
3
health
-
-
-
19
accident
-
-
-
2
total
-
-
-
601
Employee
303
-
1 732
-
health
35
-
198
-
pensions
34
-
67
-
income
42
-
422
-
total
111
-
687
-
Employer
303
-
1 732
-
pensions
49
-
97
-
accident
5
-
29
-
unemployment
7
-
42
-
total
61
-
168
-
Corporate
1 535
1 900
-
-
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.

1 382
1 710
-
-
total
1 382
1 710
-
-
Dividends
154
190
-
-
withholding
29
36
-
-
total
29
36
-
-
Income
1 900
1 900
1 900
1 900
Total tax
1 583
1 746
855
601
After tax
317
154
1 045
1 299
Living cost
193
193
193
193
Free-cash
124
-39
852
1 106

Estimated living cost  is £193 per week

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

Additional information

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

Berlin , Germany
£745
£833
£621
£626
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.

-
-
-
1 900
trade
-
-
-
212
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.

-
-
-
620
health

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

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

-
-
-
62
surtax

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

-
-
-
34
total
-
-
-
928
Employee

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

453
-
1 900
-
health

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

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

62
-
62
-
income

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

37
-
620
-
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
-
34
-
total
101
-
716
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 447
1 900
-
-
income
217
285
-
-
trade
208
273
-
-
surtax

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

12
16
-
-
chamber of commerce
4
4
-
-
total
441
578
-
-
Dividends
1 007
1 323
-
-
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
18
-
-
withholding
248
327
-
-
total
262
345
-
-
Income
1 900
1 900
1 900
1 900
Total tax
804
923
716
928
After tax
1 096
977
1 184
972
Living cost
351
351
351
351
Free-cash
745
626
833
621

Estimated living cost  is £351 per week

£242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£38
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£66
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
£1257
£630
£492
£1331
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.

-
-
-
1 900
income
-
-
-
386
microenterprise
-
-
-
-
social contributions

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

-
-
-
349
surtax
-
-
-
484
total
-
-
-
1 219
Employee
266
-
1 476
-
income
47
-
325
-
social contributions

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

29
-
119
-
surtax
-
-
214
-
total
76
-
658
-
Employer
266
-
1 476
-
social contributions

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

64
-
261
-
surtax
-
-
162
-
total
64
-
423
-
Corporate
1 570
1 900
-
-
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%.

314
380
-
-
total
314
380
-
-
Dividends

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

1 256
1 520
-
-
total
-
-
-
-
Income
1 900
1 900
1 900
1 900
Total tax
454
380
1 081
1 219
After tax
1 446
1 520
819
681
Living cost
189
189
189
189
Free-cash
1 257
1 331
630
492

Estimated living cost  is £189 per week

£121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£46
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
£1055
£1049
£1057
£1074
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
-
-
-
1 900
income
-
-
-
590
health
-
-
-
59
pensions
-
-
-
82
total
-
-
-
731
Employee
170
-
1 808
-
health
9
-
20
-
unemployment
2
-
4
-
pensions
15
-
37
-
income
33
-
586
-
total
59
-
647
-
Employer
170
-
1 808
-
health
16
-
39
-
pensions
19
-
45
-
unemployment
3
-
8
-
total
38
-
92
-
Corporate
1 691
1 900
-
-
income
372
418
-
-
total
372
418
-
-
Dividends
1 319
1 482
-
-
withholding
264
296
-
-
total
264
296
-
-
Income
1 900
1 900
1 900
1 900
Total tax
733
714
739
731
After tax
1 167
1 186
1 161
1 169
Living cost
112
112
112
112
Free-cash
1 055
1 074
1 049
1 057

Estimated living cost  is £112 per week

£66
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£9
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£34
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
£962
£634
£692
£991
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
-
-
-
1 900
pensions
-
-
-
243
unemployment
-
-
-
2
income
-
-
-
578
other
-
-
-
-
health
-
-
-
86
surtax
-
-
-
95
total
-
-
-
1 004
Employee
307
-
1 644
-
health
8
-
31
-
unemployment
21
-
85
-
pensions
20
-
81
-
income
51
-
524
-
other
-
-
-
-
surtax
1
-
85
-
total
101
-
806
-
Employer
307
-
1 644
-
health
14
-
55
-
pensions
41
-
162
-
unemployment
10
-
39
-
other
-
-
-
-
total
65
-
256
-
Corporate
1 529
1 900
-
-
income
398
494
-
-
total
398
494
-
-
Dividends
1 131
1 406
-
-
withholding
170
211
-
-
total
170
211
-
-
Income
1 900
1 900
1 900
1 900
Total tax
734
705
1 062
1 004
After tax
1 166
1 195
838
896
Living cost
204
204
204
204
Free-cash
962
991
634
692

Estimated living cost  is £204 per week

£123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£59
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
£755
£210
£687
£758
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
-
-
-
1 900
pensions
-
-
-
197
chamber of commerce
-
-
-
8
unemployment
-
-
-
56
income
-
-
-
581
health
-
-
-
81
surtax
-
-
-
-
total
-
-
-
923
Employee
398
363
1 558
-
health
15
14
41
-
unemployment
12
11
32
-
pensions
41
37
109
-
income
35
27
484
-
other
4
4
11
-
total
107
93
677
-
Employer
398
363
1 558
-
health
15
14
40
-
pensions
50
46
133
-