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
£781
£819
£1018
£979
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
accident
-
-
-
7
unemployment
-
-
-
6
pensions
-
-
-
233
other
-
-
-
1
total
-
-
-
837
Employee
329
-
1 637
-
other
-
-
1
-
income
63
-
560
-
unemployment
5
-
13
-
pensions
15
-
39
-
total
83
-
613
-
Employer
329
-
1 637
-
unemployment
18
-
45
-
pensions
78
-
194
-
other
3
-
7
-
accident
7
-
16
-
total
106
-
262
-
Corporate
1 467
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.

220
285
-
-
total
220
285
-
-
Dividends
1 247
1 615
-
-
withholding
268
353
-
-
total
268
353
-
-
Income
1 900
1 900
1 900
1 900
Total tax
677
638
875
837
After tax
1 223
1 262
1 025
1 063
Living cost
244
244
244
244
Free-cash
979
1 018
781
819

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
£872
£891
£1159
£1097
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
-
-
-
325
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
-
-
-
772
Employee
323
-
1 558
-
income
56
-
320
-
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
-
448
-
Employer
323
-
1 558
-
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
1 496
1 900
-
-
income
314
399
-
-
total
314
399
-
-
Dividends
1 182
1 501
-
-
withholding
83
105
-
-
total
83
105
-
-
Income
1 900
1 900
1 900
1 900
Total tax
566
504
791
772
After tax
1 334
1 396
1 109
1 128
Living cost
237
237
237
237
Free-cash
1 097
1 159
872
891

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
£1496
£1416
£1509
£1466
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
-
-
-
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
-
-
-
368
Employee
154
-
1 839
-
income
15
-
184
-
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
-
228
-
Employer
154
-
1 839
-
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
1 716
1 900
-
-
income
172
190
-
-
total
172
190
-
-
Dividends
1 544
1 710
-
-
withholding
77
85
-
-
total
77
85
-
-
Income
1 900
1 900
1 900
1 900
Total tax
318
275
288
368
After tax
1 582
1 625
1 612
1 532
Living cost
116
116
116
116
Free-cash
1 466
1 509
1 496
1 416

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
£695
£744
£654
£708
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 900
income
-
-
-
341
social contributions
-
-
-
54
health
-
-
-
91
surtax
-
-
-
-
pensions
-
-
-
307
other
-
-
-
59
total
-
-
-
852
Employee
380
-
1 454
-
income
22
-
305
-
social contributions
11
-
41
-
surtax
-
-
-
-
pensions
43
-
108
-
total
76
-
454
-
Employer
380
-
1 454
-
unemployment
15
-
59
-
social contributions
1
-
4
-
pensions
62
-
181
-
other
13
-
60
-
health
27
-
143
-
total
118
-
447
-
Corporate
1 401
1 900
-
-
income
392
532
-
-
surtax
-
-
-
-
total
392
532
-
-
Dividends
1 009
1 368
-
-
withholding
129
175
-
-
surtax
-
-
-
-
social contributions
173
235
-
-
total
302
410
-
-
Income
1 900
1 900
1 900
1 900
Total tax
888
942
901
852
After tax
1 012
958
999
1 048
Living cost
304
304
304
304
Free-cash
708
654
695
744

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
£842
£653
£574
£519
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
-
-
-
661
health
-
-
-
110
pensions
-
-
-
104
total
-
-
-
875
Employee
759
759
1 735
-
income

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

124
124
306
-
health
116
99
110
-
pensions
137
104
104
-
total
377
327
520
-
Employer
759
759
1 735
-
unemployment
27
27
34
-
pensions
53
53
66
-
health
53
53
66
-
total
133
133
166
-
Corporate
1 018
1 008
-
-
income
204
202
-
-
total
204
202
-
-
Dividends
814
807
-
-
withholding
122
121
-
-
income
173
171
-
-
total
295
292
-
-
Income
1 900
1 900
1 900
1 900
Total tax
1 009
954
686
875
After tax
891
946
1 214
1 025
Living cost
372
372
372
372
Free-cash
519
574
842
653

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
£912
£678
£688
£786
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
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.

-
-
-
624
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
-
-
-
234
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
-
-
-
953
Employee

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

340
-
1 900
-
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
-
624
-
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
-
34
-
total
71
-
719
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 560
1 900
-
-
chamber of commerce
4
4
-
-
income
234
285
-
-
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
-
-
trade
246
299
-
-
total
497
604
-
-
Dividends
1 064
1 296
-
-
withholding
263
321
-
-
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
-
-
total
277
339
-
-
Income
1 900
1 900
1 900
1 900
Total tax
845
943
719
953
After tax
1 055
957
1 181
947
Living cost
269
269
269
269
Free-cash
786
688
912
678

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
£1062
£1076
£1178
£1130
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
-
-
-
426
social contributions
-
-
-
144
health
-
-
-
48
total
-
-
-
618
Employee
683
683
1 790
-
income
74
63
417
-
social contributions
26
57
76
-
health
5
12
30
-
total
105
132
523
-
Employer
683
683
1 790
-
social contributions
26
57
76
-
health
6
13
33
-
total
32
70
109
-
Corporate
1 557
1 147
-
-
income
195
143
-
-
total
195
143
-
-
Dividends
1 363
1 004
-
-
withholding
232
171
-
-
total
232
171
-
-
Income
1 900
1 900
1 900
1 900
Total tax
564
516
632
618
After tax
1 336
1 384
1 268
1 282
Living cost
206
206
206
206
Free-cash
1 130
1 178
1 062
1 076

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
£572
£717
£802
£793
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
-
-
-
244
social contributions

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

-
-
-
660
surtax
-
-
-
-
total
-
-
-
904
Employee
409
-
1 535
-
income
85
-
515
-
social contributions
45
-
169
-
surtax
-
-
-
-
total
130
-
684
-
Employer
409
-
1 535
-
social contributions
97
-
365
-
total
97
-
365
-
Corporate
1 394
1 900
-
-
income
293
399
-
-
surtax
-
-
-
-
total
293
399
-
-
Dividends
1 102
1 501
-
-
withholding
308
420
-
-
total
308
420
-
-
Income
1 900
1 900
1 900
1 900
Total tax
828
819
1 049
904
After tax
1 072
1 081
851
996
Living cost
279
279
279
279
Free-cash
793
802
572
717

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
£1453
£1814
£1738
£1725
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
83
-
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%.

1 817
1 900
-
-
total
-
-
-
-
Dividends
1 817
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
67
67
67
67
Free-cash
1 725
1 738
1 453
1 814

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
£615
£654
£1070
£995
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
1 900
income
-
-
-
471
health
-
-
-
187
unemployment
-
-
-
3
pensions
-
-
-
347
total
-
-
-
1 008
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
-
1 644
-
income
68
-
429
-
health
25
-
106
-
unemployment
1
-
2
-
pensions
61
-
255
-
total
155
-
792
-
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
-
1 644
-
unemployment
-
-
1
-
pensions
35
-
145
-
health
26
-
109
-
total
61
-
255
-
Corporate
1 446
1 900
-
-
income
275
361
-
-
total
275
361
-
-
Dividends
1 171
1 539
-
-
withholding
176
231
-
-
total
176
231
-
-
Income
1 900
1 900
1 900
1 900
Total tax
667
592
1 047
1 008
After tax
1 233
1 308
853
892
Living cost
238
238
238
238
Free-cash
995
1 070
615
654

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
£1007
£1234
£865
£896
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
408
-
1 859
-
social contributions
41
-
41
-
income
44
-
488
-
total
85
-
529
-
Employer
408
-
1 859
-
social contributions
41
-
41
-
total
41
-
41
-
Corporate
1 452
1 900
-
-
income
508
665
-
-
total
508
665
-
-
Dividends
944
1 235
-
-
social contributions
47
47
-
-
total
47
47
-
-
Income
1 900
1 900
1 900
1 900
Total tax
681
712
570
343
After tax
1 219
1 188
1 330
1 557
Living cost
323
323
323
323
Free-cash
896
865
1 007
1 234

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
£983
£1032
£971
£975
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
social contributions
-
-
-
262
health
-
-
-
133
total
-
-
-
680
Employee
301
-
1 900
-
income
50
-
334
-
social contributions
42
-
262
-
health
21
-
133
-
total
113
-
729
-
Employer
301
-
1 900
-
total
-
-
-
-
Corporate
1 599
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
1 519
1 805
-
-
withholding
228
271
-
-
health
106
126
-
-
social contributions
210
249
-
-
total
544
646
-
-
Income
1 900
1 900
1 900
1 900
Total tax
737
741
729
680
After tax
1 163
1 159
1 171
1 220
Living cost
188
188
188
188
Free-cash
975
971
983
1 032

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
£800
£884
£1064
£978
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
-
-
-
204
social contributions
-
-
-
285
solidarity contribution
-
-
-
27
health
-
-
-
256
total
-
-
-
772
Employee
359
-
1 519
-
solidarity contribution
-
-
19
-
income
43
-
188
-
social contributions
23
-
63
-
health
48
-
205
-
total
114
-
475
-
Employer
359
-
1 519
-
social contributions
90
-
244
-
health
32
-
137
-
total
122
-
381
-
Corporate
1 419
1 900
-
-
income
270
361
-
-
total
270
361
-
-
Dividends
1 150
1 539
-
-
withholding
172
231
-
-
total
172
231
-
-
Income
1 900
1 900
1 900
1 900
Total tax
678
592
856
772
After tax
1 222
1 308
1 044
1 128
Living cost
244
244
244
244
Free-cash
978
1 064
800
884

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
£1416
£1777
£1701
£1681
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
130
-
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%.

1 770
1 900
-
-
total
-
-
-
-
Dividends
1 770
1 900
-
-
withholding
89
95
-
-
total
89
95
-
-
Income
1 900
1 900
1 900
1 900
Total tax
115
95
380
19
After tax
1 785
1 805
1 520
1 881
Living cost
104
104
104
104
Free-cash
1 681
1 701
1 416
1 777

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
£570
£619
£529
£588
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
-
-
-
341
social contributions
-
-
-
54
health
-
-
-
91
surtax
-
-
-
-
pensions
-
-
-
307
other
-
-
-
59
total
-
-
-
852
Employee
556
-
1 454
-
income
49
-
305
-
social contributions
16
-
41
-
surtax
-
-
-
-
pensions
63
-
108
-
total
128
-
454
-
Employer
556
-
1 454
-
unemployment
23
-
59
-
social contributions
2
-
4
-
pensions
91
-
181
-
other
19
-
60
-
health
39
-
143
-
total
174
-
447
-
Corporate
1 170
1 900
-
-
income
328
532
-
-
surtax
-
-
-
-
total
328
532
-
-
Dividends
842
1 368
-
-
withholding
108
175
-
-
surtax
-
-
-
-
social contributions
145
235
-
-
total
253
410
-
-
Income
1 900
1 900
1 900
1 900
Total tax
883
942
901
852
After tax
1 017
958
999
1 048
Living cost
429
429
429
429
Free-cash
588
529
570
619

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
£1060
£1062
£1220
£1175
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
income
-
-
-
438
health
-
-
-
67
unemployment
-
-
-
10
pensions
-
-
-
170
total
-
-
-
685
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
-
1 783
-
income
32
-
438
-
health
12
-
34
-
unemployment
2
-
5
-
pensions
32
-
92
-
total
78
-
569
-
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
-
1 783
-
unemployment
2
-
5
-
pensions
28
-
79
-
health
12
-
34
-
total
42
-
118
-
Corporate
1 628
1 900
-
-
income
244
285
-
-
total
244
285
-
-
Dividends
1 384
1 615
-
-
withholding
208
242
-
-
total
208
242
-
-
Income
1 900
1 900
1 900
1 900
Total tax
572
527
687
685
After tax
1 328
1 373
1 213
1 215
Living cost
153
153
153
153
Free-cash
1 175
1 220
1 060
1 062

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
£815
£881
£246
£512
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
regional
-
-
-
108
national
-
-
-
52
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.

-
-
-
38
pensions
-
-
-
175
total
-
-
-
397
Employee
728
-
1 712
-
regional
24
-
97
-
city
8
-
19
-
health
2
-
4
-
unemployment
-
-
-
-
national
3
-
43
-
pensions
61
-
131
-
total
98
-
294
-
Employer
728
-
1 712
-
unemployment
-
-
-
-
pensions
61
-
131
-
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
-
health
2
-
4
-
total
78
-
169
-
Corporate
1 087
1 900
-
-
regional
230
402
-
-
national
92
162
-
-
total
322
564
-
-
Dividends
765
1 337
-
-
withholding
268
468
-
-
total
268
468
-
-
Income
1 900
1 900
1 900
1 900
Total tax
766
1 032
463
397
After tax
1 134
868
1 437
1 503
Living cost
622
622
622
622
Free-cash
512
246
815
881

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
£619
£836
£829
£856
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
national
-
-
-
360
health
-
-
-
26
total
-
-
-
723
Employee
467
-
1 598
-
health
3
-
21
-
unemployment
7
-
24
-
national
8
-
226
-
municipal
77
-
260
-
pensions
32
-
108
-
total
127
-
639
-
Employer
467
-
1 598
-
unemployment
3
-
10
-
pensions
81
-
277
-
accident
-
-
2
-
health
4
-
12
-
total
88
-
301
-
Corporate
1 344
1 900
-
-
income
269
380
-
-
total
269
380
-
-
Dividends

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

807
1 140
-
-
national
74
145
-
-
municipal
145
205
-
-
total
219
350
-
-
Income
1 900
1 900
1 900
1 900
Total tax
703
730
940
723
After tax
1 197
1 170
960
1 177
Living cost
341
341
341
341
Free-cash
856
829
619
836

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
£327
£501
£724
£605
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
national
-
-
-
752
social contributions
-
-
-
222
communal

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

-
-
-
101
total
-
-
-
1 075
Employee

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

636
-
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.

30
-
69
-
communal

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

33
-
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
-
national
195
-
552
-
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
-
110
-
total
312
-
821
-
Employer

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

636
-
1 472
-
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
-
130
-
surtax
72
-
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
-
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
-
91
-
total
184
-
428
-
Corporate
1 079
1 900
-
-
income
216
399
-
-
surtax
4
8
-
-
total
220
407
-
-
Dividends
859
1 493
-
-
withholding

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

255
445
-
-
total
255
445
-
-
Income
1 900
1 900
1 900
1 900
Total tax
971
852
1 249
1 075
After tax
929
1 048
651
825
Living cost
324
324
324
324
Free-cash
605
724
327
501

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
£583
£592
£672
£664
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
-
-
-
497
national
-
-
-
213
health
-
-
-
50
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
87
other
-
-
-
93
total
-
-
-
943
Employee
521
-
1 648
-
national
-
-
208
-
municipal
155
-
492
-
total
155
-
700
-
Employer
521
-
1 648
-
unemployment
14
-
21
-
pensions
56
-
87
-
other
60
-
93
-
accident
1
-
2
-
health
32
-
49
-
total
163
-
252
-
Corporate
1 216
1 900
-
-
income
268
418
-
-
total
268
418
-
-
Dividends
948
1 482
-
-
withholding
285
445
-
-
total
285
445
-
-
Income
1 900
1 900
1 900
1 900
Total tax
871
863
952
943
After tax
1 029
1 037
948
957
Living cost
365
365
365
365
Free-cash
664
672
583
592

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
£1371
£908
£751
£304
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
581
-
-
-
income
128
-
-
-
social contributions
48
-
7
-
total
176
-
7
-
Employer
581
-
-
-
social contributions
819
-
117
-
total
819
-
117
-
Corporate
501
1 900
-
-
income
110
418
-
-
total
110
418
-
-
Dividends
391
1 482
-
-
income
86
326
-
-
total
86
326
-
-
Income
1 900
1 900
1 900
1 900
Total tax
1 191
744
124
587
After tax
709
1 156
1 776
1 313
Living cost
405
405
405
405
Free-cash
304
751
1 371
908

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
£980
£994
£1096
£1061
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
-
-
-
426
social contributions
-
-
-
144
health
-
-
-
48
total
-
-
-
618
Employee
683
683
1 790
-
income
72
63
417
-
social contributions
33
57
76
-
health
7
12
30
-
total
112
132
523
-
Employer
683
683
1 790
-
social contributions
33
57
76
-
health
7
13
33
-
total
40
70
109
-
Corporate
1 459
1 147
-
-
income
182
143
-
-
total
182
143
-
-
Dividends
1 277
1 004
-
-
withholding
217
171
-
-
total
217
171
-
-
Income
1 900
1 900
1 900
1 900
Total tax
551
516
632
618
After tax
1 349
1 384
1 268
1 282
Living cost
288
288
288
288
Free-cash
1 061
1 096
980
994

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
£739
£909
£881
£933
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
-
income
81
-
468
-
health
6
-
23
-
pensions
34
-
103
-
total
121
-
594
-
Employer
445
-
1 656
-
pensions
45
-
212
-
health
8
-
31
-
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
£459
£532
£646
£608
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 900
municipal
-
-
-
13
regional
-
-
-
45
national
-
-
-
511
social contributions
-
-
-
445
total
-
-
-
1 014
Employee
749
-
1 900
-
regional
11
-
41
-
social contributions
252
-
583
-
national
127
-
451
-
municipal
4
-
12
-
total
394
-
1 087
-
Employer
749
-
1 900
-
total
-
-
-
-
Corporate
1 151
1 900
-
-
nationa
276
456
-
-
municipal
55
92
-
-
total
331
548
-
-
Dividends
819
1 352
-
-
withholding
213
352
-
-
total
213
352
-
-
Income
1 900
1 900
1 900
1 900
Total tax
938
900
1 087
1 014
After tax
962
1 000
813
886
Living cost
354
354
354
354
Free-cash
608
646
459
532

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
£860
£1112
-£32
£126
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
-
-
-
544
health
-
-
-
18
accident
-
-
-
2
pensions
-
-
-
35
other
-
-
-
3
total
-
-
-
602
Employee
292
-
1 735
-
income
40
-
426
-
health
33
-
199
-
pensions
33
-
64
-
total
106
-
689
-
Employer
292
-
1 735
-
unemployment
7
-
43
-
pensions
48
-
93
-
accident
5
-
29
-
total
60
-
165
-
Corporate
1 548
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.

1 393
1 710
-
-
total
1 393
1 710
-
-
Dividends
155
190
-
-
withholding
29
36
-
-
total
29
36
-
-
Income
1 900
1 900
1 900
1 900
Total tax
1 588
1 746
854
602
After tax
312
154
1 046
1 298
Living cost
186
186
186
186
Free-cash
126
-32
860
1 112

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
£838
£625
£634
£751
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
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.

-
-
-
624
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
-
-
-
213
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
-
-
-
932
Employee

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

442
-
1 900
-
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
-
624
-
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
-
34
-
total
99
-
719
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 458
1 900
-
-
chamber of commerce
3
4
-
-
income
219
285
-
-
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
-
-
trade
209
273
-
-
total
443
578
-
-
Dividends
1 015
1 323
-
-
withholding
250
327
-
-
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
-
-
total
264
345
-
-
Income
1 900
1 900
1 900
1 900
Total tax
806
923
719
932
After tax
1 094
977
1 181
968
Living cost
343
343
343
343
Free-cash
751
634
838
625

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
£636
£500
£1335
£1261
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
microenterprise
-
-
-
-
income
-
-
-
391
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
-
-
-
484
total
-
-
-
1 215
Employee
260
-
1 482
-
income
46
-
330
-
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
-
-
215
-
total
75
-
661
-
Employer
260
-
1 482
-
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
-
-
163
-
total
63
-
418
-
Corporate
1 578
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%.

316
380
-
-
total
316
380
-
-
Dividends

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

1 262
1 520
-
-
total
-
-
-
-
Income
1 900
1 900
1 900
1 900
Total tax
454
380
1 079
1 215
After tax
1 446
1 520
821
685
Living cost
185
185
185
185
Free-cash
1 261
1 335
636
500

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
£1044
£1052
£1071
£1051
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
-
-
-
588
health
-
-
-
61
pensions
-
-
-
84
total
-
-
-
733
Employee
175
-
1 806
-
income
34
-
584
-
health
9
-
21
-
unemployment
2
-
4
-
pensions
16
-
38
-
total
61
-
647
-
Employer
175
-
1 806
-
unemployment
3
-
8
-
pensions
19
-
46
-
health
17
-
40
-
total
39
-
94
-
Corporate
1 686
1 900
-
-
income
371
418
-
-
total
371
418
-
-
Dividends
1 315
1 482
-
-
withholding
263
296
-
-
total
263
296
-
-
Income
1 900
1 900
1 900
1 900
Total tax
734
714
741
733
After tax
1 166
1 186
1 159
1 167
Living cost
115
115
115
115
Free-cash
1 051
1 071
1 044
1 052

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
£639
£695
£995
£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
-
-
-
585
health
-
-
-
84
unemployment
-
-
-
2
surtax
-
-
-
97
pensions
-
-
-
237
other
-
-
-
-
total
-
-
-
1 005
Employee
299
-
1 650
-
other
-
-
-
-
income
50
-
532
-
health
8
-
30
-
unemployment
21
-
83
-
surtax
1
-
87
-
pensions
20
-
79
-
total
100
-
811
-
Employer
299
-
1 650
-
unemployment
9
-
38
-
pensions
40
-
158
-
other
-
-
-
-
health
14
-
54
-
total
63
-
250
-
Corporate
1 538
1 900
-
-
income
400
494
-
-
total
400
494
-
-
Dividends
1 138
1 406
-
-
withholding
171
211
-
-
total
171
211
-
-
Income
1 900
1 900
1 900
1 900
Total tax
734
705
1 061
1 005
After tax
1 166
1 195
839
895
Living cost
200
200
200
200
Free-cash
966
995
639
695

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
£219
£694
£765
£759
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
chamber of commerce
-
-
-
8
health
-
-
-
79
unemployment
-
-
-
54
surtax
-
-
-
-
pensions
-
-
-
192
total
-
-
-
923
Employee
388
354
1 563
-
other
4
4
10
-
income
35
26
493
-
health
15
14
40
-
unemployment
12
11
31
-
pensions
40
36
106
-
total
106
91
680
-
Employer
388
354
1 563
-
unemployment
12
11
31
-
chamber of commerce
2
1
6
-