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
£ 2150
per

Your estimated
City
free-cash

Valencia , Spain
£1136
£912
£950
£1177
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
-
-
-
2 150
unemployment
-
-
-
6
income
-
-
-
696
other
-
-
-
1
accident
-
-
-
8
pensions
-
-
-
239
total
-
-
-
950
Employee
337
-
1 881
-
unemployment
5
-
13
-
pensions
16
-
40
-
income
65
-
665
-
other
-
-
1
-
total
86
-
719
-
Employer
337
-
1 881
-
pensions
79
-
199
-
accident
7
-
17
-
unemployment
19
-
46
-
other
3
-
7
-
total
108
-
269
-
Corporate
1 706
2 150
-
-
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.

256
322
-
-
total
256
322
-
-
Dividends
1 450
1 828
-
-
withholding
314
401
-
-
total
314
401
-
-
Income
2 150
2 150
2 150
2 150
Total tax
764
723
988
950
After tax
1 386
1 427
1 162
1 200
Living cost
250
250
250
250
Free-cash
1 136
1 177
912
950

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
£1274
£1048
£1064
£1337
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
-
-
-
2 150
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
-
-
-
384
other
-
-
-
66
health
-
-
-
61
total
-
-
-
843
Employee
331
-
1 798
-
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
-
378
-
total
88
-
508
-
Employer
331
-
1 798
-
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
-
14
-
unemployment
3
-
14
-
other
17
-
69
-
total
84
-
351
-
Corporate
1 736
2 150
-
-
income
365
451
-
-
total
365
451
-
-
Dividends
1 372
1 699
-
-
withholding
96
119
-
-
total
96
119
-
-
Income
2 150
2 150
2 150
2 150
Total tax
633
570
859
843
After tax
1 517
1 580
1 291
1 307
Living cost
243
243
243
243
Free-cash
1 274
1 337
1 048
1 064

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
£1677
£1714
£1624
£1719
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
-
-
-
2 150
pensions

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

-
-
-
47
unemployment
-
-
-
1
income
-
-
-
322
health
-
-
-
37
total
-
-
-
407
Employee
158
-
2 088
-
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
-
209
-
total
39
-
255
-
Employer
158
-
2 088
-
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
1 961
2 150
-
-
income
196
215
-
-
total
196
215
-
-
Dividends
1 765
1 935
-
-
withholding
88
97
-
-
total
88
97
-
-
Income
2 150
2 150
2 150
2 150
Total tax
354
312
317
407
After tax
1 796
1 838
1 833
1 743
Living cost
119
119
119
119
Free-cash
1 677
1 719
1 714
1 624

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
£826
£786
£856
£772
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
-
-
-
2 150
income
-
-
-
415
other
-
-
-
67
health
-
-
-
108
social contributions
-
-
-
61
pensions
-
-
-
331
surtax
-
-
-
-
total
-
-
-
982
Employee
390
-
1 635
-
pensions
44
-
126
-
income
23
-
365
-
social contributions
11
-
47
-
surtax
-
-
-
-
total
78
-
538
-
Employer
390
-
1 635
-
health
27
-
165
-
social contributions
1
-
5
-
pensions
64
-
209
-
unemployment
16
-
66
-
other
13
-
69
-
total
121
-
514
-
Corporate
1 639
2 150
-
-
income
459
602
-
-
surtax
-
-
-
-
total
459
602
-
-
Dividends
1 180
1 548
-
-
social contributions
203
266
-
-
surtax
-
-
-
-
withholding
151
198
-
-
total
354
464
-
-
Income
2 150
2 150
2 150
2 150
Total tax
1 012
1 066
1 052
982
After tax
1 138
1 084
1 098
1 168
Living cost
312
312
312
312
Free-cash
826
772
786
856

Estimated living cost  is £312 per week

£196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£84
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
£637
£994
£768
£692
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
-
-
-
2 150
pensions
-
-
-
107
income
-
-
-
782
health
-
-
-
112
total
-
-
-
1 001
Employee
778
778
1 981
-
health
119
102
112
-
pensions
140
107
107
-
income

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

127
127
387
-
total
386
336
606
-
Employer
778
778
1 981
-
health
54
54
67
-
pensions
54
54
67
-
unemployment
28
28
35
-
total
136
136
169
-
Corporate
1 246
1 236
-
-
income
249
247
-
-
total
249
247
-
-
Dividends
997
989
-
-
income
212
210
-
-
withholding
149
148
-
-
total
361
358
-
-
Income
2 150
2 150
2 150
2 150
Total tax
1 132
1 077
775
1 001
After tax
1 018
1 073
1 375
1 149
Living cost
381
381
381
381
Free-cash
637
692
994
768

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
£907
£1047
£775
£808
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.

-
-
-
2 150
trade
-
-
-
272
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.

-
-
-
725
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.

-
-
-
40
total
-
-
-
1 099
Employee

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

348
-
2 150
-
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
-
725
-
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
-
40
-
total
73
-
827
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 802
2 150
-
-
income
270
322
-
-
trade
284
339
-
-
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.

15
18
-
-
chamber of commerce
4
4
-
-
total
573
683
-
-
Dividends
1 229
1 467
-
-
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.

17
20
-
-
withholding
304
363
-
-
total
321
383
-
-
Income
2 150
2 150
2 150
2 150
Total tax
967
1 066
827
1 099
After tax
1 183
1 084
1 323
1 051
Living cost
276
276
276
276
Free-cash
907
808
1 047
775

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
£1307
£1214
£1231
£1356
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
-
-
-
2 150
income
-
-
-
506
health
-
-
-
55
social contributions
-
-
-
147
total
-
-
-
708
Employee
700
700
2 034
-
health
5
12
35
-
income
76
65
496
-
social contributions
26
58
78
-
total
107
135
609
-
Employer
700
700
2 034
-
health
6
13
38
-
social contributions
26
58
78
-
total
32
71
116
-
Corporate
1 799
1 379
-
-
income
225
172
-
-
total
225
172
-
-
Dividends
1 574
1 206
-
-
withholding
268
205
-
-
total
268
205
-
-
Income
2 150
2 150
2 150
2 150
Total tax
632
583
725
708
After tax
1 518
1 567
1 425
1 442
Living cost
211
211
211
211
Free-cash
1 307
1 356
1 214
1 231

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
£928
£659
£831
£937
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.

-
-
-
2 150
income
-
-
-
286
social contributions

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

-
-
-
747
surtax
-
-
-
-
total
-
-
-
1 033
Employee
419
-
1 737
-
income
87
-
597
-
social contributions
46
-
191
-
surtax
-
-
4
-
total
133
-
792
-
Employer
419
-
1 737
-
social contributions
99
-
413
-
total
99
-
413
-
Corporate
1 632
2 150
-
-
income
343
451
-
-
surtax
-
-
-
-
total
343
451
-
-
Dividends
1 289
1 699
-
-
withholding
361
476
-
-
total
361
476
-
-
Income
2 150
2 150
2 150
2 150
Total tax
936
927
1 205
1 033
After tax
1 214
1 223
945
1 117
Living cost
286
286
286
286
Free-cash
928
937
659
831

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
£1962
£1652
£2060
£1975
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%.

-
-
-
2 150
microenterprise

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

-
-
-
22
total
-
-
-
22
Employee
85
-
2 150
-
income
17
-
430
-
total
17
-
430
-
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%.

2 065
2 150
-
-
total
-
-
-
-
Dividends
2 065
2 150
-
-
withholding
103
107
-
-
total
103
107
-
-
Income
2 150
2 150
2 150
2 150
Total tax
120
107
430
22
After tax
2 030
2 043
1 720
2 128
Living cost
68
68
68
68
Free-cash
1 962
1 975
1 652
2 060

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
£1160
£697
£743
£1236
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.

-
-
-
2 150
pensions
-
-
-
393
unemployment
-
-
-
3
income
-
-
-
555
health
-
-
-
212
total
-
-
-
1 163
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
-
1 860
-
health
26
-
120
-
unemployment
1
-
3
-
pensions
62
-
288
-
income
69
-
508
-
total
158
-
919
-
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
-
1 860
-
health
27
-
124
-
pensions
36
-
165
-
unemployment
-
-
1
-
total
63
-
290
-
Corporate
1 685
2 150
-
-
income
320
409
-
-
total
320
409
-
-
Dividends
1 365
1 741
-
-
withholding
205
261
-
-
total
205
261
-
-
Income
2 150
2 150
2 150
2 150
Total tax
746
670
1 209
1 163
After tax
1 404
1 480
941
987
Living cost
244
244
244
244
Free-cash
1 160
1 236
697
743

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
£1050
£1164
£1440
£1018
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.

-
-
-
2 150
income
-
-
-
322
health

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

-
-
-
57
total
-
-
-
379
Employee
418
-
2 108
-
social contributions
42
-
42
-
income
45
-
571
-
total
87
-
613
-
Employer
418
-
2 108
-
social contributions
42
-
42
-
total
42
-
42
-
Corporate
1 690
2 150
-
-
income
592
753
-
-
total
592
753
-
-
Dividends
1 099
1 397
-
-
social contributions
48
48
-
-
total
48
48
-
-
Income
2 150
2 150
2 150
2 150
Total tax
769
801
655
379
After tax
1 381
1 349
1 495
1 771
Living cost
331
331
331
331
Free-cash
1 050
1 018
1 164
1 440

Estimated living cost  is £331 per week

£218
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£26
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£82
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
£1124
£1127
£1188
£1118
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
-
-
-
2 150
income
-
-
-
322
health
-
-
-
150
social contributions
-
-
-
297
total
-
-
-
769
Employee
309
-
2 150
-
health
22
-
150
-
income
51
-
383
-
social contributions
43
-
297
-
total
116
-
830
-
Employer
309
-
2 150
-
total
-
-
-
-
Corporate
1 841
2 150
-
-
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%.

92
108
-
-
total
92
108
-
-
Dividends
1 749
2 042
-
-
social contributions
241
282
-
-
withholding
262
306
-
-
health
122
143
-
-
total
625
731
-
-
Income
2 150
2 150
2 150
2 150
Total tax
833
839
830
769
After tax
1 317
1 311
1 320
1 381
Living cost
193
193
193
193
Free-cash
1 124
1 118
1 127
1 188

Estimated living cost  is £193 per week

£129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£48
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
£1134
£938
£1036
£1225
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
-
-
-
2 150
income
-
-
-
234
health
-
-
-
290
social contributions
-
-
-
297
solidarity contribution
-
-
-
38
total
-
-
-
859
Employee
374
-
1 739
-
health
51
-
235
-
solidarity contribution
-
-
29
-
income
45
-
216
-
social contributions
24
-
66
-
total
120
-
546
-
Employer
374
-
1 739
-
health
34
-
157
-
social contributions
94
-
254
-
total
128
-
411
-
Corporate
1 648
2 150
-
-
income
313
409
-
-
total
313
409
-
-
Dividends
1 335
1 741
-
-
withholding
200
261
-
-
total
200
261
-
-
Income
2 150
2 150
2 150
2 150
Total tax
761
670
957
859
After tax
1 389
1 480
1 193
1 291
Living cost
254
254
254
254
Free-cash
1 134
1 225
938
1 036

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
£1917
£1614
£2022
£1937
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%.

-
-
-
2 150
microenterprise

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

-
-
-
22
total
-
-
-
22
Employee
132
-
2 150
-
income
26
-
430
-
total
26
-
430
-
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%.

2 018
2 150
-
-
total
-
-
-
-
Dividends
2 018
2 150
-
-
withholding
101
107
-
-
total
101
107
-
-
Income
2 150
2 150
2 150
2 150
Total tax
127
107
430
22
After tax
2 023
2 043
1 720
2 128
Living cost
106
106
106
106
Free-cash
1 917
1 937
1 614
2 022

Estimated living cost  is £106 per week

£71
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£4
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£26
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Paris , France
£705
£658
£728
£644
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
-
-
-
2 150
income
-
-
-
415
other
-
-
-
67
health
-
-
-
108
social contributions
-
-
-
61
pensions
-
-
-
331
surtax
-
-
-
-
total
-
-
-
982
Employee
570
-
1 635
-
pensions
65
-
126
-
income
50
-
365
-
social contributions
16
-
47
-
surtax
-
-
-
-
total
131
-
538
-
Employer
570
-
1 635
-
health
40
-
165
-
social contributions
2
-
5
-
pensions
94
-
209
-
unemployment
23
-
66
-
other
20
-
69
-
total
179
-
514
-
Corporate
1 402
2 150
-
-
income
392
602
-
-
surtax
-
-
-
-
total
392
602
-
-
Dividends
1 009
1 548
-
-
social contributions
174
266
-
-
surtax
-
-
-
-
withholding
129
198
-
-
total
303
464
-
-
Income
2 150
2 150
2 150
2 150
Total tax
1 005
1 066
1 052
982
After tax
1 145
1 084
1 098
1 168
Living cost
440
440
440
440
Free-cash
705
644
658
728

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
£1351
£1239
£1240
£1396
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.

-
-
-
2 150
pensions
-
-
-
174
unemployment
-
-
-
10
income
-
-
-
500
health
-
-
-
69
total
-
-
-
753
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
-
2 030
-
health
12
-
35
-
unemployment
2
-
5
-
pensions
33
-
94
-
income
33
-
500
-
total
80
-
634
-
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
-
2 030
-
health
12
-
35
-
pensions
28
-
80
-
unemployment
2
-
5
-
total
42
-
120
-
Corporate
1 871
2 150
-
-
income
281
323
-
-
total
281
323
-
-
Dividends
1 590
1 827
-
-
withholding
239
274
-
-
total
239
274
-
-
Income
2 150
2 150
2 150
2 150
Total tax
642
597
754
753
After tax
1 508
1 553
1 396
1 397
Living cost
157
157
157
157
Free-cash
1 351
1 396
1 239
1 240

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
£621
£990
£1050
£351
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
-
-
-
2 150
pensions
-
-
-
198
city
-
-
-
23
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.

-
-
-
43
health
-
-
-
5
regional
-
-
-
129
national
-
-
-
70
total
-
-
-
468
Employee
740
-
1 942
-
health
2
-
4
-
unemployment
-
-
-
-
city
8
-
21
-
pensions
62
-
143
-
regional
24
-
116
-
national
4
-
58
-
total
100
-
342
-
Employer
740
-
1 942
-
health
2
-
4
-
pensions
62
-
143
-
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
-
39
-
total
79
-
186
-
Corporate
1 323
2 150
-
-
regional
280
455
-
-
national
112
183
-
-
total
392
638
-
-
Dividends
931
1 513
-
-
withholding
326
529
-
-
total
326
529
-
-
Income
2 150
2 150
2 150
2 150
Total tax
897
1 167
528
468
After tax
1 253
983
1 622
1 682
Living cost
632
632
632
632
Free-cash
621
351
990
1 050

Estimated living cost  is £632 per week

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

Additional information

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

Helsinki , Finland
£992
£711
£957
£964
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

-
-
-
2 150
municipal
-
-
-
382
health
-
-
-
29
national
-
-
-
432
total
-
-
-
843
Employee
479
-
1 809
-
health
4
-
24
-
unemployment
7
-
27
-
pensions
32
-
122
-
national
8
-
280
-
municipal
78
-
294
-
total
129
-
747
-
Employer
479
-
1 809
-
health
4
-
14
-
pensions
83
-
314
-
accident
-
-
2
-
unemployment
3
-
12
-
total
90
-
342
-
Corporate
1 581
2 150
-
-
income
316
430
-
-
total
316
430
-
-
Dividends

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

948
1 290
-
-
municipal
171
232
-
-
national
102
174
-
-
total
273
406
-
-
Income
2 150
2 150
2 150
2 150
Total tax
808
836
1 089
843
After tax
1 342
1 314
1 061
1 307
Living cost
350
350
350
350
Free-cash
992
964
711
957

Estimated living cost  is £350 per week

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

Additional information

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

Brussels , Belgium
£732
£395
£604
£843
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
-
-
-
2 150
communal

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

-
-
-
115
social contributions
-
-
-
227
national
-
-
-
872
total
-
-
-
1 214
Employee

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

651
-
1 665
-
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
-
78
-
communal

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

34
-
87
-
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
-
14
-
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
-
125
-
national
200
-
634
-
total
320
-
938
-
Employer

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

651
-
1 665
-
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
-
102
-
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
-
148
-
surtax
74
-
189
-
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
-
22
-
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
-
24
-
total
190
-
485
-
Corporate
1 309
2 150
-
-
income
262
468
-
-
surtax
5
9
-
-
total
267
477
-
-
Dividends
1 042
1 673
-
-
withholding

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

309
498
-
-
total
309
498
-
-
Income
2 150
2 150
2 150
2 150
Total tax
1 086
975
1 423
1 214
After tax
1 064
1 175
727
936
Living cost
332
332
332
332
Free-cash
732
843
395
604

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
£771
£676
£684
£780
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
-
-
-
2 150
unemployment
-
-
-
1
municipal
-
-
-
567
other
-
-
-
100
health
-
-
-
54
national
-
-
-
255
accident
-
-
-
2
pensions
-
-
-
93
total
-
-
-
1 072
Employee
561
-
1 879
-
national
-
-
249
-
municipal
167
-
560
-
total
167
-
809
-
Employer
561
-
1 879
-
health
35
-
53
-
pensions
61
-
93
-
accident
1
-
2
-
unemployment
15
-
23
-
other
65
-
100
-
total
177
-
271
-
Corporate
1 412
2 150
-
-
income
311
473
-
-
total
311
473
-
-
Dividends
1 102
1 677
-
-
withholding
330
503
-
-
total
330
503
-
-
Income
2 150
2 150
2 150
2 150
Total tax
985
976
1 080
1 072
After tax
1 165
1 174
1 070
1 078
Living cost
394
394
394
394
Free-cash
771
780
676
684

Estimated living cost  is £394 per week

£261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£39
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£88
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
£394
£1583
£1051
£873
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
-
-
-
2 150
income
-
-
-
419
social contributions
-
-
-
245
total
-
-
-
664
Employee
624
-
-
-
income
138
-
-
-
social contributions
51
-
7
-
total
189
-
7
-
Employer
624
-
-
-
social contributions
879
-
125
-
total
879
-
125
-
Corporate
647
2 150
-
-
income
142
473
-
-
total
142
473
-
-
Dividends
505
1 677
-
-
income
111
369
-
-
total
111
369
-
-
Income
2 150
2 150
2 150
2 150
Total tax
1 321
842
132
664
After tax
829
1 308
2 018
1 486
Living cost
435
435
435
435
Free-cash
394
873
1 583
1 051

Estimated living cost  is £435 per week

£282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£41
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£106
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
£1233
£1130
£1147
£1272
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
-
-
-
2 150
income
-
-
-
506
health
-
-
-
55
social contributions
-
-
-
147
total
-
-
-
708
Employee
700
700
2 034
-
health
7
12
35
-
income
74
65
496
-
social contributions
34
58
78
-
total
115
135
609
-
Employer
700
700
2 034
-
health
8
13
38
-
social contributions
34
58
78
-
total
42
71
116
-
Corporate
1 699
1 379
-
-
income
212
172
-
-
total
212
172
-
-
Dividends
1 486
1 206
-
-
withholding
253
205
-
-
total
253
205
-
-
Income
2 150
2 150
2 150
2 150
Total tax
622
583
725
708
After tax
1 528
1 567
1 425
1 442
Living cost
295
295
295
295
Free-cash
1 233
1 272
1 130
1 147

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
£1069
£864
£1056
£1018
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
-
-
-
2 150
income
-
-
-
679
pensions
-
-
-
91
total
-
-
-
770
Employee
445
-
1 872
-
health
6
-
25
-
pensions
34
-
107
-
income
81
-
552
-
total
121
-
684
-
Employer
445
-
1 872
-
health
8
-
36
-
pensions
45
-
242
-
total
53
-
278
-
Corporate
1 651
2 150
-
-
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.

314
408
-
-
total
314
408
-
-
Dividends
1 338
1 742
-
-
withholding
269
400
-
-
total
269
400
-
-
Income
2 150
2 150
2 150
2 150
Total tax
757
808
962
770
After tax
1 393
1 342
1 188
1 380
Living cost
324
324
324
324
Free-cash
1 069
1 018
864
1 056

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
£726
£576
£653
£769
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
-
-
-
2 150
municipal
-
-
-
15
regional
-
-
-
53
social contributions
-
-
-
456
national
-
-
-
610
total
-
-
-
1 134
Employee
767
-
2 150
-
social contributions
259
-
598
-
regional
12
-
49
-
national
130
-
550
-
municipal
5
-
14
-
total
406
-
1 211
-
Employer
767
-
2 150
-
total
-
-
-
-
Corporate
1 383
2 150
-
-
nationa
332
516
-
-
municipal
67
104
-
-
total
399
620
-
-
Dividends
984
1 530
-
-
withholding
256
398
-
-
total
256
398
-
-
Income
2 150
2 150
2 150
2 150
Total tax
1 061
1 018
1 211
1 134
After tax
1 089
1 132
939
1 016
Living cost
363
363
363
363
Free-cash
726
769
576
653

Estimated living cost  is £363 per week

£255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£78
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
£145
£996
£1276
-£19
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
-
-
-
2 150
pensions
-
-
-
36
income
-
-
-
621
other
-
-
-
3
health
-
-
-
19
accident
-
-
-
2
total
-
-
-
681
Employee
303
-
1 972
-
health
35
-
226
-
pensions
34
-
67
-
income
42
-
490
-
total
111
-
783
-
Employer
303
-
1 972
-
pensions
49
-
97
-
accident
5
-
33
-
unemployment
7
-
48
-
total
61
-
178
-
Corporate
1 785
2 150
-
-
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.

1 606
1 935
-
-
total
1 606
1 935
-
-
Dividends
178
215
-
-
withholding
34
41
-
-
total
34
41
-
-
Income
2 150
2 150
2 150
2 150
Total tax
1 812
1 976
961
681
After tax
338
174
1 189
1 469
Living cost
193
193
193
193
Free-cash
145
-19
996
1 276

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
£872
£971
£723
£753
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.

-
-
-
2 150
trade
-
-
-
248
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.

-
-
-
725
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.

-
-
-
40
total
-
-
-
1 075
Employee

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

453
-
2 150
-
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
-
725
-
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
-
40
-
total
101
-
827
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 697
2 150
-
-
income
255
322
-
-
trade
244
309
-
-
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
-
-
chamber of commerce
4
5
-
-
total
517
654
-
-
Dividends
1 181
1 497
-
-
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.

16
20
-
-
withholding
292
371
-
-
total
308
391
-
-
Income
2 150
2 150
2 150
2 150
Total tax
926
1 045
827
1 075
After tax
1 224
1 105
1 323
1 075
Living cost
352
352
352
352
Free-cash
872
753
971
723

Estimated living cost  is £352 per week

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

Additional information

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

Riga , Latvia
£1457
£752
£600
£1531
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.

-
-
-
2 150
income
-
-
-
464
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
-
-
-
548
total
-
-
-
1 361
Employee
266
-
1 701
-
income
47
-
395
-
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
-
-
247
-
total
76
-
761
-
Employer
266
-
1 701
-
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
-
-
187
-
total
64
-
448
-
Corporate
1 820
2 150
-
-
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%.

364
430
-
-
total
364
430
-
-
Dividends

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

1 456
1 720
-
-
total
-
-
-
-
Income
2 150
2 150
2 150
2 150
Total tax
504
430
1 209
1 361
After tax
1 646
1 720
941
789
Living cost
189
189
189
189
Free-cash
1 457
1 531
752
600

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
£1213
£1212
£1221
£1231
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
-
-
-
2 150
income
-
-
-
678
health
-
-
-
59
pensions
-
-
-
81
total
-
-
-
818
Employee
170
-
2 059
-
health
8
-
20
-
unemployment
2
-
4
-
pensions
15
-
37
-
income
33
-
674
-
total
58
-
735
-
Employer
170
-
2 059
-
health
16
-
39
-
pensions
19
-
45
-
unemployment
3
-
8
-
total
38
-
92
-
Corporate
1 942
2 150
-
-
income
427
473
-
-
total
427
473
-
-
Dividends
1 515
1 677
-
-
withholding
303
335
-
-
total
303
335
-
-
Income
2 150
2 150
2 150
2 150
Total tax
826
808
827
818
After tax
1 324
1 342
1 323
1 332
Living cost
111
111
111
111
Free-cash
1 213
1 231
1 212
1 221

Estimated living cost  is £111 per week

£66
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£9
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£34
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
£1120
£749
£806
£1147
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
-
-
-
2 150
pensions
-
-
-
243
unemployment
-
-
-
2
income
-
-
-
690
other
-
-
-
-
health
-
-
-
86
surtax
-
-
-
118
total
-
-
-
1 139
Employee
307
-
1 894
-
health
8
-
31
-
unemployment
21
-
85
-
pensions
20
-
81
-
income
51
-
636
-
other
-
-
-
-
surtax
1
-
107
-
total
101
-
940
-
Employer
307
-
1 894
-
health
14
-
55
-
pensions
41
-
162
-
unemployment
10
-
39
-
other
-
-
-
-
total
65
-
256
-
Corporate
1 779
2 150
-
-
income
462
559
-
-
total
462
559
-
-
Dividends
1 316
1 591
-
-
withholding
197
239
-
-
total
197
239
-
-
Income
2 150
2 150
2 150
2 150
Total tax
825
798
1 196
1 139
After tax
1 325
1 352
954
1 011
Living cost
205
205
205
205
Free-cash
1 120
1 147
749
806

Estimated living cost  is £205 per week

£123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£59
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
£890
£270
£810
£893
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
-
-
-
2 150
pensions
-
-
-
197
chamber of commerce
-
-
-
9
unemployment
-
-
-
56
income
-
-
-
706
health
-
-
-
81
surtax
-
-
-
-
total
-
-
-
1 049
Employee
398
363
1 791
-
health
15
14
41
-
unemployment
12
11
32
-
pensions
41
37
109
-
income
35
27
597
-
other
4
4
11
-
total
107
93
790
-
Employer
398
363
1 791
-
health
15
14
40
-
pensions