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
£914
£951
£1179
£1138
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
-
-
-
699
accident
-
-
-
8
unemployment
-
-
-
6
pensions
-
-
-
237
other
-
-
-
1
total
-
-
-
951
Employee
333
-
1 883
-
other
-
-
1
-
income
64
-
668
-
unemployment
5
-
13
-
pensions
16
-
39
-
total
85
-
721
-
Employer
333
-
1 883
-
unemployment
18
-
46
-
pensions
79
-
197
-
other
3
-
7
-
accident
7
-
17
-
total
107
-
267
-
Corporate
1 710
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.

257
322
-
-
total
257
322
-
-
Dividends
1 454
1 828
-
-
withholding
315
401
-
-
total
315
401
-
-
Income
2 150
2 150
2 150
2 150
Total tax
764
723
988
951
After tax
1 386
1 427
1 162
1 199
Living cost
248
248
248
248
Free-cash
1 138
1 179
914
951

Estimated living cost  is £248 per week

£167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£24
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£52
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
£1052
£1070
£1340
£1279
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
-
-
-
386
health
-
-
-
60
pensions

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

-
-
-
329
other
-
-
-
65
total
-
-
-
840
Employee
327
-
1 801
-
income
56
-
380
-
health
5
-
19
-
unemployment
3
-
14
-
pensions

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

23
-
96
-
total
87
-
509
-
Employer
327
-
1 801
-
unemployment
3
-
14
-
pensions

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

56
-
233
-
other
16
-
69
-
accident
3
-
14
-
health
5
-
19
-
total
83
-
349
-
Corporate
1 740
2 150
-
-
income
365
451
-
-
total
365
451
-
-
Dividends
1 375
1 699
-
-
withholding
96
119
-
-
total
96
119
-
-
Income
2 150
2 150
2 150
2 150
Total tax
631
570
858
840
After tax
1 519
1 580
1 292
1 310
Living cost
240
240
240
240
Free-cash
1 279
1 340
1 052
1 070

Estimated living cost  is £240 per week

£170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£16
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£50
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
£1716
£1626
£1720
£1678
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 150
income
-
-
-
322
health
-
-
-
36
unemployment
-
-
-
1
pensions

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

-
-
-
47
total
-
-
-
406
Employee
156
-
2 088
-
income
16
-
209
-
health
7
-
14
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
pensions

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

14
-
28
-
total
39
-
254
-
Employer
156
-
2 088
-
unemployment
1
-
2
-
pensions

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

17
-
35
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
health
11
-
22
-
total
31
-
62
-
Corporate
1 963
2 150
-
-
income
196
215
-
-
total
196
215
-
-
Dividends
1 767
1 935
-
-
withholding
88
97
-
-
total
88
97
-
-
Income
2 150
2 150
2 150
2 150
Total tax
354
312
316
406
After tax
1 796
1 838
1 834
1 744
Living cost
118
118
118
118
Free-cash
1 678
1 720
1 716
1 626

Estimated living cost  is £118 per week

£69
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£8
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£38
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
£785
£857
£775
£828
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
-
-
-
418
social contributions
-
-
-
61
health
-
-
-
108
surtax
-
-
-
-
pensions
-
-
-
330
other
-
-
-
67
total
-
-
-
984
Employee
386
-
1 635
-
income
23
-
367
-
social contributions
11
-
47
-
surtax
-
-
-
-
pensions
44
-
126
-
total
78
-
540
-
Employer
386
-
1 635
-
unemployment
16
-
66
-
social contributions
1
-
5
-
pensions
63
-
210
-
other
13
-
69
-
health
27
-
166
-
total
120
-
516
-
Corporate
1 643
2 150
-
-
income
460
602
-
-
surtax
-
-
-
-
total
460
602
-
-
Dividends
1 183
1 548
-
-
withholding
151
198
-
-
surtax
-
-
-
-
social contributions
204
266
-
-
total
355
464
-
-
Income
2 150
2 150
2 150
2 150
Total tax
1 013
1 066
1 056
984
After tax
1 137
1 084
1 094
1 166
Living cost
309
309
309
309
Free-cash
828
775
785
857

Estimated living cost  is £309 per week

£195
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£84
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
£996
£770
£693
£638
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
-
-
-
785
health
-
-
-
111
pensions
-
-
-
106
total
-
-
-
1 002
Employee
770
770
1 982
-
income

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

126
126
391
-
health
118
101
111
-
pensions
139
106
106
-
total
383
333
608
-
Employer
770
770
1 982
-
unemployment
28
28
34
-
pensions
54
54
67
-
health
54
54
67
-
total
136
136
168
-
Corporate
1 254
1 245
-
-
income
251
249
-
-
total
251
249
-
-
Dividends
1 004
996
-
-
withholding
151
149
-
-
income
213
212
-
-
total
364
361
-
-
Income
2 150
2 150
2 150
2 150
Total tax
1 134
1 079
776
1 002
After tax
1 016
1 071
1 374
1 148
Living cost
378
378
378
378
Free-cash
638
693
996
770

Estimated living cost  is £378 per week

£268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£70
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
£1048
£775
£811
£909
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
2 150
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.

-
-
-
727
health

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

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

-
-
-
62
trade
-
-
-
273
surtax

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

-
-
-
40
total
-
-
-
1 102
Employee

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

345
-
2 150
-
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
-
727
-
health

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

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

62
-
62
-
surtax

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

1
-
40
-
total
73
-
829
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 805
2 150
-
-
chamber of commerce
4
4
-
-
income
271
322
-
-
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
-
-
trade
284
339
-
-
total
574
683
-
-
Dividends
1 231
1 467
-
-
withholding
304
363
-
-
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
-
-
total
321
383
-
-
Income
2 150
2 150
2 150
2 150
Total tax
968
1 066
829
1 102
After tax
1 182
1 084
1 321
1 048
Living cost
273
273
273
273
Free-cash
909
811
1 048
775

Estimated living cost  is £273 per week

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

Additional information

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

Larnaca , Cyprus
£1214
£1232
£1357
£1309
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
-
-
-
508
social contributions
-
-
-
146
health
-
-
-
55
total
-
-
-
709
Employee
694
694
2 035
-
income
76
64
498
-
social contributions
26
58
78
-
health
5
12
35
-
total
107
134
611
-
Employer
694
694
2 035
-
social contributions
26
58
78
-
health
6
13
38
-
total
32
71
116
-
Corporate
1 802
1 386
-
-
income
225
173
-
-
total
225
173
-
-
Dividends
1 577
1 213
-
-
withholding
268
206
-
-
total
268
206
-
-
Income
2 150
2 150
2 150
2 150
Total tax
632
584
727
709
After tax
1 518
1 566
1 423
1 441
Living cost
209
209
209
209
Free-cash
1 309
1 357
1 214
1 232

Estimated living cost  is £209 per week

£125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£59
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
£660
£833
£940
£930
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
-
-
-
287
social contributions

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

-
-
-
747
surtax
-
-
-
-
total
-
-
-
1 034
Employee
415
-
1 737
-
income
86
-
599
-
social contributions
46
-
191
-
surtax
-
-
4
-
total
132
-
794
-
Employer
415
-
1 737
-
social contributions
99
-
413
-
total
99
-
413
-
Corporate
1 637
2 150
-
-
income
344
451
-
-
surtax
-
-
-
-
total
344
451
-
-
Dividends
1 293
1 699
-
-
withholding
362
476
-
-
total
362
476
-
-
Income
2 150
2 150
2 150
2 150
Total tax
937
927
1 207
1 034
After tax
1 213
1 223
943
1 116
Living cost
283
283
283
283
Free-cash
930
940
660
833

Estimated living cost  is £283 per week

£212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£50
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
£1656
£2065
£1978
£1967
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.

-
-
-
21
total
-
-
-
21
Employee
80
-
2 150
-
income
16
-
430
-
total
16
-
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%.

2 070
2 150
-
-
total
-
-
-
-
Dividends
2 070
2 150
-
-
withholding
103
108
-
-
total
103
108
-
-
Income
2 150
2 150
2 150
2 150
Total tax
119
108
430
21
After tax
2 031
2 042
1 720
2 129
Living cost
64
64
64
64
Free-cash
1 967
1 978
1 656
2 065

Estimated living cost  is £64 per week

£40
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£5
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£2
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£17
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Ljubljana , Slovenia
£697
£743
£1238
£1162
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
income
-
-
-
557
health
-
-
-
212
unemployment
-
-
-
3
pensions
-
-
-
393
total
-
-
-
1 165
Employee

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

399
-
1 860
-
income
69
-
510
-
health
26
-
120
-
unemployment
1
-
3
-
pensions
62
-
288
-
total
158
-
921
-
Employer

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

399
-
1 860
-
unemployment
-
-
1
-
pensions
35
-
165
-
health
27
-
124
-
total
62
-
290
-
Corporate
1 689
2 150
-
-
income
321
409
-
-
total
321
409
-
-
Dividends
1 368
1 741
-
-
withholding
205
261
-
-
total
205
261
-
-
Income
2 150
2 150
2 150
2 150
Total tax
746
670
1 211
1 165
After tax
1 404
1 480
939
985
Living cost
242
242
242
242
Free-cash
1 162
1 238
697
743

Estimated living cost  is £242 per week

£166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£16
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£56
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
£1168
£1443
£1023
£1055
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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.

-
-
-
58
total
-
-
-
380
Employee
414
-
2 109
-
social contributions
41
-
41
-
income
45
-
573
-
total
86
-
614
-
Employer
414
-
2 109
-
social contributions
41
-
41
-
total
41
-
41
-
Corporate
1 695
2 150
-
-
income
593
752
-
-
total
593
752
-
-
Dividends
1 102
1 398
-
-
social contributions
48
48
-
-
total
48
48
-
-
Income
2 150
2 150
2 150
2 150
Total tax
768
800
655
380
After tax
1 382
1 350
1 495
1 770
Living cost
327
327
327
327
Free-cash
1 055
1 023
1 168
1 443

Estimated living cost  is £327 per week

£216
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£26
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£81
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
£1129
£1190
£1120
£1126
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
social contributions
-
-
-
297
health
-
-
-
150
total
-
-
-
769
Employee
306
-
2 150
-
income
51
-
383
-
social contributions
42
-
297
-
health
21
-
150
-
total
114
-
830
-
Employer
306
-
2 150
-
total
-
-
-
-
Corporate
1 844
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
1 752
2 042
-
-
withholding
263
306
-
-
health
122
143
-
-
social contributions
242
282
-
-
total
627
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
191
191
191
191
Free-cash
1 126
1 120
1 129
1 190

Estimated living cost  is £191 per week

£128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£47
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
£952
£1050
£1234
£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
income
-
-
-
236
social contributions
-
-
-
287
solidarity contribution
-
-
-
41
health
-
-
-
290
total
-
-
-
854
Employee
362
-
1 747
-
solidarity contribution
-
-
32
-
income
43
-
217
-
social contributions
24
-
64
-
health
49
-
236
-
total
116
-
549
-
Employer
362
-
1 747
-
social contributions
90
-
246
-
health
33
-
157
-
total
123
-
403
-
Corporate
1 665
2 150
-
-
income
316
409
-
-
total
316
409
-
-
Dividends
1 349
1 741
-
-
withholding
202
261
-
-
total
202
261
-
-
Income
2 150
2 150
2 150
2 150
Total tax
757
670
952
854
After tax
1 393
1 480
1 198
1 296
Living cost
246
246
246
246
Free-cash
1 147
1 234
952
1 050

Estimated living cost  is £246 per week

£183
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
£1620
£2029
£1942
£1924
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.

-
-
-
21
total
-
-
-
21
Employee
125
-
2 150
-
income
25
-
430
-
total
25
-
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%.

2 025
2 150
-
-
total
-
-
-
-
Dividends
2 025
2 150
-
-
withholding
101
108
-
-
total
101
108
-
-
Income
2 150
2 150
2 150
2 150
Total tax
126
108
430
21
After tax
2 024
2 042
1 720
2 129
Living cost
100
100
100
100
Free-cash
1 924
1 942
1 620
2 029

Estimated living cost  is £100 per week

£68
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£4
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£25
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Paris , France
£658
£730
£648
£710
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
-
-
-
418
social contributions
-
-
-
61
health
-
-
-
108
surtax
-
-
-
-
pensions
-
-
-
330
other
-
-
-
67
total
-
-
-
984
Employee
565
-
1 635
-
income
49
-
367
-
social contributions
16
-
47
-
surtax
-
-
-
-
pensions
64
-
126
-
total
129
-
540
-
Employer
565
-
1 635
-
unemployment
23
-
66
-
social contributions
2
-
5
-
pensions
93
-
210
-
other
19
-
69
-
health
40
-
166
-
total
177
-
516
-
Corporate
1 409
2 150
-
-
income
394
602
-
-
surtax
-
-
-
-
total
394
602
-
-
Dividends
1 014
1 548
-
-
withholding
130
198
-
-
surtax
-
-
-
-
social contributions
174
266
-
-
total
304
464
-
-
Income
2 150
2 150
2 150
2 150
Total tax
1 004
1 066
1 056
984
After tax
1 146
1 084
1 094
1 166
Living cost
436
436
436
436
Free-cash
710
648
658
730

Estimated living cost  is £436 per week

£295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£36
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£99
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
£1244
£1244
£1398
£1354
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
income
-
-
-
500
health
-
-
-
68
unemployment
-
-
-
10
pensions
-
-
-
173
total
-
-
-
751
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.

234
-
2 031
-
income
32
-
500
-
health
12
-
34
-
unemployment
2
-
5
-
pensions
33
-
93
-
total
79
-
632
-
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.

234
-
2 031
-
unemployment
2
-
5
-
pensions
28
-
80
-
health
12
-
34
-
total
42
-
119
-
Corporate
1 874
2 150
-
-
income
281
323
-
-
total
281
323
-
-
Dividends
1 593
1 827
-
-
withholding
239
274
-
-
total
239
274
-
-
Income
2 150
2 150
2 150
2 150
Total tax
641
597
751
751
After tax
1 509
1 553
1 399
1 399
Living cost
156
156
156
156
Free-cash
1 354
1 398
1 244
1 244

Estimated living cost  is £156 per week

£105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£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
£991
£1052
£354
£622
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
regional
-
-
-
130
national
-
-
-
70
health
-
-
-
5
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
pensions
-
-
-
198
total
-
-
-
469
Employee
737
-
1 942
-
regional
24
-
117
-
city
8
-
21
-
health
2
-
4
-
unemployment
-
-
-
-
national
3
-
59
-
pensions
62
-
143
-
total
99
-
344
-
Employer
737
-
1 942
-
unemployment
-
-
-
-
pensions
62
-
143
-
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
-
health
2
-
4
-
total
79
-
186
-
Corporate
1 327
2 150
-
-
regional
281
455
-
-
national
113
183
-
-
total
394
638
-
-
Dividends
933
1 513
-
-
withholding
327
529
-
-
total
327
529
-
-
Income
2 150
2 150
2 150
2 150
Total tax
899
1 167
530
469
After tax
1 251
983
1 620
1 681
Living cost
630
630
630
630
Free-cash
622
354
991
1 052

Estimated living cost  is £630 per week

£409
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.
£156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

Helsinki , Finland
£713
£959
£967
£994
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
national
-
-
-
434
health
-
-
-
29
total
-
-
-
845
Employee
475
-
1 809
-
health
4
-
24
-
unemployment
7
-
27
-
national
8
-
282
-
municipal
78
-
294
-
pensions
32
-
122
-
total
129
-
749
-
Employer
475
-
1 809
-
unemployment
3
-
12
-
pensions
82
-
314
-
accident
-
-
2
-
health
4
-
14
-
total
89
-
342
-
Corporate
1 586
2 150
-
-
income
317
430
-
-
total
317
430
-
-
Dividends

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

952
1 290
-
-
national
104
175
-
-
municipal
171
232
-
-
total
275
407
-
-
Income
2 150
2 150
2 150
2 150
Total tax
810
837
1 091
845
After tax
1 340
1 313
1 059
1 305
Living cost
346
346
346
346
Free-cash
994
967
713
959

Estimated living cost  is £346 per week

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

Additional information

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

Brussels , Belgium
£397
£606
£845
£739
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
national
-
-
-
874
social contributions
-
-
-
225
communal

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

-
-
-
116
total
-
-
-
1 215
Employee

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

645
-
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.

30
-
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
-
national
198
-
635
-
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
-
125
-
total
316
-
939
-
Employer

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

645
-
1 665
-
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
-
24
-
pensions

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

57
-
148
-
surtax
73
-
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
-
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
-
total
187
-
485
-
Corporate
1 317
2 150
-
-
income
263
469
-
-
surtax
5
9
-
-
total
268
478
-
-
Dividends
1 048
1 671
-
-
withholding

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

311
498
-
-
total
311
498
-
-
Income
2 150
2 150
2 150
2 150
Total tax
1 082
976
1 424
1 215
After tax
1 068
1 174
726
935
Living cost
329
329
329
329
Free-cash
739
845
397
606

Estimated living cost  is £329 per week

£212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£29
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£83
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
£696
£704
£808
£800
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
-
-
-
572
national
-
-
-
275
health
-
-
-
50
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
87
other
-
-
-
93
total
-
-
-
1 080
Employee
521
-
1 898
-
national
-
-
270
-
municipal
155
-
566
-
total
155
-
836
-
Employer
521
-
1 898
-
unemployment
14
-
21
-
pensions
56
-
87
-
other
61
-
93
-
accident
1
-
2
-
health
32
-
49
-
total
164
-
252
-
Corporate
1 465
2 150
-
-
income
322
473
-
-
total
322
473
-
-
Dividends
1 143
1 677
-
-
withholding
343
503
-
-
total
343
503
-
-
Income
2 150
2 150
2 150
2 150
Total tax
984
976
1 088
1 080
After tax
1 166
1 174
1 062
1 070
Living cost
366
366
366
366
Free-cash
800
808
696
704

Estimated living cost  is £366 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
£1638
£1094
£916
£484
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
562
-
-
-
income
124
-
-
-
social contributions
46
-
7
-
total
170
-
7
-
Employer
562
-
-
-
social contributions
793
-
113
-
total
793
-
113
-
Corporate
795
2 150
-
-
income
175
473
-
-
total
175
473
-
-
Dividends
620
1 677
-
-
income
136
369
-
-
total
136
369
-
-
Income
2 150
2 150
2 150
2 150
Total tax
1 274
842
120
664
After tax
876
1 308
2 030
1 486
Living cost
392
392
392
392
Free-cash
484
916
1 638
1 094

Estimated living cost  is £392 per week

£254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£37
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£96
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
£1130
£1148
£1273
£1235
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
-
-
-
508
social contributions
-
-
-
146
health
-
-
-
55
total
-
-
-
709
Employee
694
694
2 035
-
income
73
64
498
-
social contributions
34
58
78
-
health
7
12
35
-
total
114
134
611
-
Employer
694
694
2 035
-
social contributions
34
58
78
-
health
8
13
38
-
total
42
71
116
-
Corporate
1 703
1 386
-
-
income
213
173
-
-
total
213
173
-
-
Dividends
1 490
1 213
-
-
withholding
253
206
-
-
total
253
206
-
-
Income
2 150
2 150
2 150
2 150
Total tax
622
584
727
709
After tax
1 528
1 566
1 423
1 441
Living cost
293
293
293
293
Free-cash
1 235
1 273
1 130
1 148

Estimated living cost  is £293 per week

£200
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£23
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£65
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
£864
£1056
£1018
£1069
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
-
income
81
-
552
-
health
6
-
25
-
pensions
34
-
107
-
total
121
-
684
-
Employer
445
-
1 872
-
pensions
45
-
242
-
health
8
-
36
-
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
£583
£658
£773
£733
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 150
municipal
-
-
-
15
regional
-
-
-
54
national
-
-
-
613
social contributions
-
-
-
451
total
-
-
-
1 133
Employee
760
-
2 150
-
regional
11
-
49
-
social contributions
256
-
592
-
national
128
-
553
-
municipal
5
-
14
-
total
400
-
1 208
-
Employer
760
-
2 150
-
total
-
-
-
-
Corporate
1 390
2 150
-
-
nationa
334
516
-
-
municipal
67
104
-
-
total
401
620
-
-
Dividends
989
1 530
-
-
withholding
257
398
-
-
total
257
398
-
-
Income
2 150
2 150
2 150
2 150
Total tax
1 058
1 018
1 208
1 133
After tax
1 092
1 132
942
1 017
Living cost
359
359
359
359
Free-cash
733
773
583
658

Estimated living cost  is £359 per week

£252
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£77
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
£1003
£1279
-£14
£146
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
-
-
-
623
health
-
-
-
19
accident
-
-
-
2
pensions
-
-
-
36
other
-
-
-
3
total
-
-
-
683
Employee
296
-
1 974
-
income
41
-
493
-
health
34
-
226
-
pensions
33
-
65
-
total
108
-
784
-
Employer
296
-
1 974
-
unemployment
7
-
48
-
pensions
48
-
94
-
accident
5
-
33
-
total
60
-
175
-
Corporate
1 794
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.

1 614
1 935
-
-
total
1 614
1 935
-
-
Dividends
179
215
-
-
withholding
34
41
-
-
total
34
41
-
-
Income
2 150
2 150
2 150
2 150
Total tax
1 816
1 976
959
683
After tax
334
174
1 191
1 467
Living cost
188
188
188
188
Free-cash
146
-14
1 003
1 279

Estimated living cost  is £188 per week

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

Additional information

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

Berlin , Germany
£973
£725
£757
£875
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
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.

-
-
-
727
health

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

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

-
-
-
62
trade
-
-
-
248
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
-
-
-
1 077
Employee

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

449
-
2 150
-
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
-
727
-
health

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

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

62
-
62
-
surtax

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

2
-
40
-
total
101
-
829
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 701
2 150
-
-
chamber of commerce
4
5
-
-
income
255
322
-
-
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
-
-
trade
244
309
-
-
total
517
654
-
-
Dividends
1 184
1 497
-
-
withholding
293
371
-
-
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
-
-
total
309
391
-
-
Income
2 150
2 150
2 150
2 150
Total tax
927
1 045
829
1 077
After tax
1 223
1 105
1 321
1 073
Living cost
348
348
348
348
Free-cash
875
757
973
725

Estimated living cost  is £348 per week

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

Additional information

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

Riga , Latvia
£754
£602
£1532
£1458
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
microenterprise
-
-
-
-
income
-
-
-
466
social contributions

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

-
-
-
346
surtax
-
-
-
548
total
-
-
-
1 360
Employee
264
-
1 704
-
income
47
-
397
-
social contributions

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

29
-
118
-
surtax
-
-
247
-
total
76
-
762
-
Employer
264
-
1 704
-
social contributions

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

63
-
259
-
surtax
-
-
187
-
total
63
-
446
-
Corporate
1 823
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%.

365
430
-
-
total
365
430
-
-
Dividends

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

1 458
1 720
-
-
total
-
-
-
-
Income
2 150
2 150
2 150
2 150
Total tax
504
430
1 208
1 360
After tax
1 646
1 720
942
790
Living cost
188
188
188
188
Free-cash
1 458
1 532
754
602

Estimated living cost  is £188 per week

£120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£46
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
£1201
£1210
£1224
£1204
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
-
-
-
673
health
-
-
-
63
pensions
-
-
-
86
total
-
-
-
822
Employee
180
-
2 053
-
income
35
-
669
-
health
9
-
22
-
unemployment
2
-
4
-
pensions
16
-
39
-
total
62
-
734
-
Employer
180
-
2 053
-
unemployment
4
-
9
-
pensions
20
-
47
-
health
17
-
41
-
total
41
-
97
-
Corporate
1 929
2 150
-
-
income
424
473
-
-
total
424
473
-
-
Dividends
1 505
1 677
-
-
withholding
301
335
-
-
total
301
335
-
-
Income
2 150
2 150
2 150
2 150
Total tax
828
808
831
822
After tax
1 322
1 342
1 319
1 328
Living cost
118
118
118
118
Free-cash
1 204
1 224
1 201
1 210

Estimated living cost  is £118 per week

£70
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£10
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£36
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
£752
£807
£1149
£1121
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
-
-
-
693
health
-
-
-
85
unemployment
-
-
-
2
surtax
-
-
-
119
pensions
-
-
-
241
other
-
-
-
-
total
-
-
-
1 140
Employee
304
-
1 897
-
other
-
-
-
-
income
51
-
639
-
health
8
-
31
-
unemployment
21
-
84
-
surtax
1
-
108
-
pensions
20
-
80
-
total
101
-
942
-
Employer
304
-
1 897
-
unemployment
10
-
38
-
pensions
40
-
160
-
other
-
-
-
-
health
14
-
55
-
total
64
-
253
-
Corporate
1 782
2 150
-
-
income
463
559
-
-
total
463
559
-
-
Dividends
1 319
1 591
-
-
withholding
198
239
-
-
total
198
239
-
-
Income
2 150
2 150
2 150
2 150
Total tax
826
798
1 195
1 140
After tax
1 324
1 352
955
1 010
Living cost
203
203
203
203
Free-cash
1 121
1 149
752
807

Estimated living cost  is £203 per week

£122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
£271
£813
£895
£892
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
-
-
-
709
chamber of commerce
-
-
-
9
health
-
-
-
81
unemployment
-
-
-
55
surtax
-
-
-
-
pensions
-
-
-
195
total
-
-
-
1 049
Employee
394
359
1 793
-
other
4
4
11
-
income
35
27
601
-
health
15
14
41
-
unemployment
12
11
32
-
pensions
40
37
108
-
total
106
93
793
-
Employer
394
359
1 793
-
unemployment
12
11
32
-
chamber of commerce