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
£ 2200
per

Your estimated
City
free-cash

Valencia , Spain
£1169
£939
£977
£1209
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
-
-
-
2 200
unemployment
-
-
-
6
income
-
-
-
719
other
-
-
-
1
accident
-
-
-
8
pensions
-
-
-
239
total
-
-
-
973
Employee
337
-
1 931
-
unemployment
5
-
13
-
pensions
16
-
40
-
income
65
-
688
-
other
-
-
1
-
total
86
-
742
-
Employer
337
-
1 931
-
pensions
79
-
199
-
accident
7
-
17
-
unemployment
19
-
46
-
other
3
-
7
-
total
108
-
269
-
Corporate
1 756
2 200
-
-
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.

263
330
-
-
total
263
330
-
-
Dividends
1 493
1 870
-
-
withholding
324
411
-
-
total
324
411
-
-
Income
2 200
2 200
2 200
2 200
Total tax
781
741
1 011
973
After tax
1 419
1 459
1 189
1 227
Living cost
250
250
250
250
Free-cash
1 169
1 209
939
977

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
£1311
£1084
£1101
£1373
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
-
-
-
2 200
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
-
-
-
397
other
-
-
-
66
health
-
-
-
61
total
-
-
-
856
Employee
331
-
1 847
-
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
-
391
-
total
88
-
521
-
Employer
331
-
1 847
-
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
-
15
-
unemployment
3
-
14
-
other
17
-
69
-
total
84
-
352
-
Corporate
1 786
2 200
-
-
income
375
462
-
-
total
375
462
-
-
Dividends
1 411
1 738
-
-
withholding
99
122
-
-
total
99
122
-
-
Income
2 200
2 200
2 200
2 200
Total tax
646
584
873
856
After tax
1 554
1 616
1 327
1 344
Living cost
243
243
243
243
Free-cash
1 311
1 373
1 084
1 101

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
£1719
£1759
£1666
£1762
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
-
-
-
2 200
pensions

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

-
-
-
47
unemployment
-
-
-
1
income
-
-
-
330
health
-
-
-
37
total
-
-
-
415
Employee
158
-
2 138
-
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
-
214
-
total
39
-
260
-
Employer
158
-
2 138
-
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
2 011
2 200
-
-
income
201
220
-
-
total
201
220
-
-
Dividends
1 810
1 980
-
-
withholding
91
99
-
-
total
91
99
-
-
Income
2 200
2 200
2 200
2 200
Total tax
362
319
322
415
After tax
1 838
1 881
1 878
1 785
Living cost
119
119
119
119
Free-cash
1 719
1 762
1 759
1 666

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
£851
£804
£879
£797
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
-
-
-
2 200
income
-
-
-
431
other
-
-
-
68
health
-
-
-
112
social contributions
-
-
-
63
pensions
-
-
-
335
surtax
-
-
-
-
total
-
-
-
1 009
Employee
390
-
1 671
-
pensions
44
-
129
-
income
23
-
378
-
social contributions
11
-
48
-
surtax
-
-
-
-
total
78
-
555
-
Employer
390
-
1 671
-
health
27
-
170
-
social contributions
1
-
5
-
pensions
64
-
215
-
unemployment
16
-
68
-
other
13
-
71
-
total
121
-
529
-
Corporate
1 689
2 200
-
-
income
473
616
-
-
surtax
-
-
-
-
total
473
616
-
-
Dividends
1 216
1 584
-
-
social contributions
209
272
-
-
surtax
-
-
-
-
withholding
156
203
-
-
total
365
475
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 037
1 091
1 084
1 009
After tax
1 163
1 109
1 116
1 191
Living cost
312
312
312
312
Free-cash
851
797
804
879

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
£663
£1026
£792
£717
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
-
-
-
2 200
pensions
-
-
-
107
income
-
-
-
808
health
-
-
-
112
total
-
-
-
1 027
Employee
778
778
2 031
-
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
405
-
total
386
336
624
-
Employer
778
778
2 031
-
health
54
54
67
-
pensions
54
54
67
-
unemployment
28
28
35
-
total
136
136
169
-
Corporate
1 296
1 286
-
-
income
259
257
-
-
total
259
257
-
-
Dividends
1 037
1 029
-
-
income
220
219
-
-
withholding
155
154
-
-
total
375
373
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 156
1 102
793
1 027
After tax
1 044
1 098
1 407
1 173
Living cost
381
381
381
381
Free-cash
663
717
1 026
792

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
£933
£1075
£795
£832
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.

-
-
-
2 200
trade
-
-
-
280
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.

-
-
-
746
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.

-
-
-
41
total
-
-
-
1 129
Employee

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

348
-
2 200
-
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
-
746
-
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
-
41
-
total
73
-
849
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 852
2 200
-
-
income
278
330
-
-
trade
292
347
-
-
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
5
-
-
total
589
700
-
-
Dividends
1 263
1 501
-
-
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
312
372
-
-
total
329
392
-
-
Income
2 200
2 200
2 200
2 200
Total tax
991
1 092
849
1 129
After tax
1 209
1 108
1 351
1 071
Living cost
276
276
276
276
Free-cash
933
832
1 075
795

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
£1344
£1246
£1263
£1391
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
-
-
-
2 200
income
-
-
-
523
health
-
-
-
56
social contributions
-
-
-
147
total
-
-
-
726
Employee
700
700
2 083
-
health
5
12
35
-
income
76
65
513
-
social contributions
26
58
78
-
total
107
135
626
-
Employer
700
700
2 083
-
health
6
13
39
-
social contributions
26
58
78
-
total
32
71
117
-
Corporate
1 849
1 429
-
-
income
231
179
-
-
total
231
179
-
-
Dividends
1 618
1 250
-
-
withholding
275
213
-
-
total
275
213
-
-
Income
2 200
2 200
2 200
2 200
Total tax
645
598
743
726
After tax
1 555
1 602
1 457
1 474
Living cost
211
211
211
211
Free-cash
1 344
1 391
1 246
1 263

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
£957
£676
£853
£965
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.

-
-
-
2 200
income
-
-
-
296
social contributions

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

-
-
-
765
surtax
-
-
-
-
total
-
-
-
1 061
Employee
419
-
1 778
-
income
87
-
615
-
social contributions
46
-
196
-
surtax
-
-
5
-
total
133
-
816
-
Employer
419
-
1 778
-
social contributions
99
-
422
-
total
99
-
422
-
Corporate
1 682
2 200
-
-
income
353
462
-
-
surtax
-
-
-
-
total
353
462
-
-
Dividends
1 329
1 738
-
-
withholding
372
487
-
-
total
372
487
-
-
Income
2 200
2 200
2 200
2 200
Total tax
957
949
1 238
1 061
After tax
1 243
1 251
962
1 139
Living cost
286
286
286
286
Free-cash
957
965
676
853

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
£2008
£1691
£2109
£2021
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%.

-
-
-
2 200
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
86
-
2 200
-
income
17
-
440
-
total
17
-
440
-
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%.

2 114
2 200
-
-
total
-
-
-
-
Dividends
2 114
2 200
-
-
withholding
106
110
-
-
total
106
110
-
-
Income
2 200
2 200
2 200
2 200
Total tax
123
110
440
22
After tax
2 077
2 090
1 760
2 178
Living cost
69
69
69
69
Free-cash
2 008
2 021
1 691
2 109

Estimated living cost  is £69 per week

£43
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.
£19
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
£1194
£714
£762
£1271
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.

-
-
-
2 200
pensions
-
-
-
402
unemployment
-
-
-
3
income
-
-
-
573
health
-
-
-
216
total
-
-
-
1 194
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
-
1 904
-
health
26
-
123
-
unemployment
1
-
3
-
pensions
62
-
295
-
income
69
-
525
-
total
158
-
946
-
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
-
1 904
-
health
27
-
127
-
pensions
36
-
168
-
unemployment
-
-
1
-
total
63
-
296
-
Corporate
1 735
2 200
-
-
income
330
418
-
-
total
330
418
-
-
Dividends
1 405
1 782
-
-
withholding
211
267
-
-
total
211
267
-
-
Income
2 200
2 200
2 200
2 200
Total tax
762
685
1 242
1 194
After tax
1 438
1 515
958
1 006
Living cost
244
244
244
244
Free-cash
1 194
1 271
714
762

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
£1083
£1197
£1482
£1051
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
2 200
income
-
-
-
330
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
-
-
-
387
Employee
418
-
2 158
-
social contributions
42
-
42
-
income
45
-
588
-
total
87
-
630
-
Employer
418
-
2 158
-
social contributions
42
-
42
-
total
42
-
42
-
Corporate
1 740
2 200
-
-
income
609
770
-
-
total
609
770
-
-
Dividends
1 131
1 430
-
-
social contributions
48
48
-
-
total
48
48
-
-
Income
2 200
2 200
2 200
2 200
Total tax
786
818
672
387
After tax
1 414
1 382
1 528
1 813
Living cost
331
331
331
331
Free-cash
1 083
1 051
1 197
1 482

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
£1153
£1156
£1219
£1149
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
-
-
-
2 200
income
-
-
-
330
health
-
-
-
154
social contributions
-
-
-
304
total
-
-
-
788
Employee
309
-
2 200
-
health
22
-
154
-
income
51
-
393
-
social contributions
43
-
304
-
total
116
-
851
-
Employer
309
-
2 200
-
total
-
-
-
-
Corporate
1 891
2 200
-
-
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%.

95
110
-
-
total
95
110
-
-
Dividends
1 797
2 090
-
-
social contributions
248
288
-
-
withholding
270
314
-
-
health
125
146
-
-
total
643
748
-
-
Income
2 200
2 200
2 200
2 200
Total tax
854
858
851
788
After tax
1 346
1 342
1 349
1 412
Living cost
193
193
193
193
Free-cash
1 153
1 149
1 156
1 219

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
£1168
£968
£1068
£1260
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
-
-
-
2 200
income
-
-
-
241
health
-
-
-
297
social contributions
-
-
-
298
solidarity contribution
-
-
-
41
total
-
-
-
877
Employee
375
-
1 784
-
health
51
-
241
-
solidarity contribution
-
-
32
-
income
45
-
222
-
social contributions
24
-
66
-
total
120
-
561
-
Employer
375
-
1 784
-
health
34
-
161
-
social contributions
94
-
255
-
total
128
-
416
-
Corporate
1 697
2 200
-
-
income
323
418
-
-
total
323
418
-
-
Dividends
1 375
1 782
-
-
withholding
206
267
-
-
total
206
267
-
-
Income
2 200
2 200
2 200
2 200
Total tax
777
685
977
877
After tax
1 423
1 515
1 223
1 323
Living cost
255
255
255
255
Free-cash
1 168
1 260
968
1 068

Estimated living cost  is £255 per week

£190
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
£1963
£1653
£2071
£1983
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%.

-
-
-
2 200
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
134
-
2 200
-
income
27
-
440
-
total
27
-
440
-
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%.

2 066
2 200
-
-
total
-
-
-
-
Dividends
2 066
2 200
-
-
withholding
103
110
-
-
total
103
110
-
-
Income
2 200
2 200
2 200
2 200
Total tax
130
110
440
22
After tax
2 070
2 090
1 760
2 178
Living cost
107
107
107
107
Free-cash
1 963
1 983
1 653
2 071

Estimated living cost  is £107 per week

£73
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.
£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.
£27
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
£730
£676
£751
£669
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
-
-
-
2 200
income
-
-
-
431
other
-
-
-
68
health
-
-
-
112
social contributions
-
-
-
63
pensions
-
-
-
335
surtax
-
-
-
-
total
-
-
-
1 009
Employee
570
-
1 671
-
pensions
65
-
129
-
income
50
-
378
-
social contributions
16
-
48
-
surtax
-
-
-
-
total
131
-
555
-
Employer
570
-
1 671
-
health
40
-
170
-
social contributions
2
-
5
-
pensions
94
-
215
-
unemployment
23
-
68
-
other
20
-
71
-
total
179
-
529
-
Corporate
1 452
2 200
-
-
income
406
616
-
-
surtax
-
-
-
-
total
406
616
-
-
Dividends
1 045
1 584
-
-
social contributions
180
272
-
-
surtax
-
-
-
-
withholding
134
203
-
-
total
314
475
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 030
1 091
1 084
1 009
After tax
1 170
1 109
1 116
1 191
Living cost
440
440
440
440
Free-cash
730
669
676
751

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
£1388
£1277
£1278
£1432
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.

-
-
-
2 200
pensions
-
-
-
174
unemployment
-
-
-
10
income
-
-
-
512
health
-
-
-
69
total
-
-
-
765
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
-
2 080
-
health
12
-
35
-
unemployment
2
-
5
-
pensions
33
-
94
-
income
33
-
512
-
total
80
-
646
-
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
-
2 080
-
health
12
-
35
-
pensions
28
-
80
-
unemployment
2
-
5
-
total
42
-
120
-
Corporate
1 921
2 200
-
-
income
288
330
-
-
total
288
330
-
-
Dividends
1 633
1 870
-
-
withholding
245
281
-
-
total
245
281
-
-
Income
2 200
2 200
2 200
2 200
Total tax
655
611
766
765
After tax
1 545
1 589
1 434
1 435
Living cost
157
157
157
157
Free-cash
1 388
1 432
1 277
1 278

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
£650
£1034
£1095
£386
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
-
-
-
2 200
pensions
-
-
-
202
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.

-
-
-
44
health
-
-
-
5
regional
-
-
-
135
national
-
-
-
76
total
-
-
-
485
Employee
726
-
1 989
-
health
2
-
4
-
unemployment
-
-
-
-
city
8
-
22
-
pensions
61
-
145
-
regional
24
-
122
-
national
3
-
64
-
total
98
-
357
-
Employer
726
-
1 989
-
health
2
-
4
-
pensions
61
-
145
-
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
-
40
-
total
78
-
189
-
Corporate
1 389
2 200
-
-
regional
294
465
-
-
national
118
187
-
-
total
412
652
-
-
Dividends
977
1 548
-
-
withholding
342
542
-
-
total
342
542
-
-
Income
2 200
2 200
2 200
2 200
Total tax
930
1 194
546
485
After tax
1 270
1 006
1 654
1 715
Living cost
620
620
620
620
Free-cash
650
386
1 034
1 095

Estimated living cost  is £620 per week

£403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£56
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

Helsinki , Finland
£1021
£730
£982
£991
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
2 200
municipal
-
-
-
391
health
-
-
-
30
national
-
-
-
447
total
-
-
-
868
Employee
479
-
1 851
-
health
4
-
25
-
unemployment
7
-
28
-
pensions
32
-
125
-
national
8
-
292
-
municipal
78
-
301
-
total
129
-
771
-
Employer
479
-
1 851
-
health
4
-
14
-
pensions
83
-
321
-
accident
-
-
2
-
unemployment
3
-
12
-
total
90
-
349
-
Corporate
1 631
2 200
-
-
income
326
440
-
-
total
326
440
-
-
Dividends

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

978
1 320
-
-
municipal
176
238
-
-
national
108
181
-
-
total
284
419
-
-
Income
2 200
2 200
2 200
2 200
Total tax
829
859
1 120
868
After tax
1 371
1 341
1 080
1 332
Living cost
350
350
350
350
Free-cash
1 021
991
730
982

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
£760
£409
£626
£867
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
-
-
-
2 200
communal

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

-
-
-
118
social contributions
-
-
-
227
national
-
-
-
897
total
-
-
-
1 242
Employee

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

651
-
1 704
-
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
-
80
-
communal

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

34
-
89
-
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
-
15
-
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
-
128
-
national
200
-
651
-
total
320
-
963
-
Employer

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

651
-
1 704
-
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
-
105
-
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
-
151
-
surtax
74
-
193
-
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
-
25
-
total
190
-
496
-
Corporate
1 359
2 200
-
-
income
272
482
-
-
surtax
5
10
-
-
total
277
492
-
-
Dividends
1 082
1 708
-
-
withholding

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

321
509
-
-
total
321
509
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 108
1 001
1 459
1 242
After tax
1 092
1 199
741
958
Living cost
332
332
332
332
Free-cash
760
867
409
626

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
£798
£698
£708
£807
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
-
-
-
2 200
unemployment
-
-
-
1
municipal
-
-
-
581
other
-
-
-
100
health
-
-
-
54
national
-
-
-
267
accident
-
-
-
2
pensions
-
-
-
93
total
-
-
-
1 098
Employee
561
-
1 929
-
national
-
-
262
-
municipal
167
-
575
-
total
167
-
837
-
Employer
561
-
1 929
-
health
35
-
53
-
pensions
61
-
93
-
accident
1
-
2
-
unemployment
15
-
23
-
other
65
-
100
-
total
177
-
271
-
Corporate
1 463
2 200
-
-
income
322
484
-
-
total
322
484
-
-
Dividends
1 141
1 716
-
-
withholding
342
515
-
-
total
342
515
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 008
999
1 108
1 098
After tax
1 192
1 201
1 092
1 102
Living cost
394
394
394
394
Free-cash
798
807
698
708

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
£419
£1629
£1082
£900
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
-
-
-
2 200
income
-
-
-
429
social contributions
-
-
-
251
total
-
-
-
680
Employee
628
-
-
-
income
138
-
-
-
social contributions
51
-
7
-
total
189
-
7
-
Employer
628
-
-
-
social contributions
885
-
126
-
total
885
-
126
-
Corporate
687
2 200
-
-
income
151
484
-
-
total
151
484
-
-
Dividends
536
1 716
-
-
income
118
378
-
-
total
118
378
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 343
862
133
680
After tax
857
1 338
2 067
1 520
Living cost
438
438
438
438
Free-cash
419
900
1 629
1 082

Estimated living cost  is £438 per week

£284
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.
£107
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
£1269
£1162
£1179
£1307
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
-
-
-
2 200
income
-
-
-
523
health
-
-
-
56
social contributions
-
-
-
147
total
-
-
-
726
Employee
700
700
2 083
-
health
7
12
35
-
income
74
65
513
-
social contributions
34
58
78
-
total
115
135
626
-
Employer
700
700
2 083
-
health
8
13
39
-
social contributions
34
58
78
-
total
42
71
117
-
Corporate
1 749
1 429
-
-
income
219
179
-
-
total
219
179
-
-
Dividends
1 530
1 250
-
-
withholding
260
213
-
-
total
260
213
-
-
Income
2 200
2 200
2 200
2 200
Total tax
636
598
743
726
After tax
1 564
1 602
1 457
1 474
Living cost
295
295
295
295
Free-cash
1 269
1 307
1 162
1 179

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
£1097
£890
£1085
£1045
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
-
-
-
2 200
income
-
-
-
699
pensions
-
-
-
92
total
-
-
-
791
Employee
445
-
1 916
-
health
6
-
25
-
pensions
34
-
108
-
income
81
-
569
-
total
121
-
702
-
Employer
445
-
1 916
-
health
8
-
36
-
pensions
45
-
248
-
total
53
-
284
-
Corporate
1 701
2 200
-
-
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.

323
418
-
-
total
323
418
-
-
Dividends
1 378
1 782
-
-
withholding
282
413
-
-
total
282
413
-
-
Income
2 200
2 200
2 200
2 200
Total tax
779
831
986
791
After tax
1 421
1 369
1 214
1 409
Living cost
324
324
324
324
Free-cash
1 097
1 045
890
1 085

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
£753
£604
£678
£796
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
-
-
-
2 200
municipal
-
-
-
16
regional
-
-
-
55
social contributions
-
-
-
456
national
-
-
-
632
total
-
-
-
1 159
Employee
767
-
2 200
-
social contributions
259
-
598
-
regional
12
-
50
-
national
130
-
571
-
municipal
5
-
14
-
total
406
-
1 233
-
Employer
767
-
2 200
-
total
-
-
-
-
Corporate
1 433
2 200
-
-
nationa
344
528
-
-
municipal
69
106
-
-
total
413
634
-
-
Dividends
1 020
1 566
-
-
withholding
265
407
-
-
total
265
407
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 084
1 041
1 233
1 159
After tax
1 116
1 159
967
1 041
Living cost
363
363
363
363
Free-cash
753
796
604
678

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
£147
£1022
£1307
-£17
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
-
-
-
2 200
pensions
-
-
-
37
income
-
-
-
637
other
-
-
-
3
health
-
-
-
19
accident
-
-
-
2
total
-
-
-
698
Employee
306
-
2 019
-
health
35
-
231
-
pensions
35
-
68
-
income
42
-
503
-
total
112
-
802
-
Employer
306
-
2 019
-
pensions
50
-
98
-
accident
5
-
34
-
unemployment
8
-
49
-
total
63
-
181
-
Corporate
1 831
2 200
-
-
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.

1 648
1 980
-
-
total
1 648
1 980
-
-
Dividends
183
220
-
-
withholding
35
42
-
-
total
35
42
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 858
2 022
983
698
After tax
342
178
1 217
1 502
Living cost
195
195
195
195
Free-cash
147
-17
1 022
1 307

Estimated living cost  is £195 per week

£143
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
£898
£999
£744
£779
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.

-
-
-
2 200
trade
-
-
-
255
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.

-
-
-
746
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.

-
-
-
41
total
-
-
-
1 104
Employee

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

453
-
2 200
-
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
-
746
-
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
-
41
-
total
101
-
849
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 747
2 200
-
-
income
262
330
-
-
trade
251
316
-
-
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
531
669
-
-
Dividends
1 216
1 532
-
-
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
21
-
-
withholding
301
379
-
-
total
318
400
-
-
Income
2 200
2 200
2 200
2 200
Total tax
950
1 069
849
1 104
After tax
1 250
1 131
1 351
1 096
Living cost
352
352
352
352
Free-cash
898
779
999
744

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
£1497
£777
£621
£1571
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.

-
-
-
2 200
income
-
-
-
480
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
-
-
-
561
total
-
-
-
1 390
Employee
266
-
1 746
-
income
47
-
409
-
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
-
-
253
-
total
76
-
781
-
Employer
266
-
1 746
-
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
-
-
192
-
total
64
-
453
-
Corporate
1 870
2 200
-
-
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%.

374
440
-
-
total
374
440
-
-
Dividends

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

1 496
1 760
-
-
total
-
-
-
-
Income
2 200
2 200
2 200
2 200
Total tax
514
440
1 234
1 390
After tax
1 686
1 760
966
810
Living cost
189
189
189
189
Free-cash
1 497
1 571
777
621

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
£1242
£1243
£1251
£1260
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
-
-
-
2 200
income
-
-
-
694
health
-
-
-
60
pensions
-
-
-
82
total
-
-
-
836
Employee
172
-
2 108
-
health
9
-
21
-
unemployment
2
-
4
-
pensions
15
-
37
-
income
33
-
690
-
total
59
-
752
-
Employer
172
-
2 108
-
health
16
-
39
-
pensions
19
-
45
-
unemployment
3
-
8
-
total
38
-
92
-
Corporate
1 990
2 200
-
-
income
438
484
-
-
total
438
484
-
-
Dividends
1 552
1 716
-
-
withholding
310
343
-
-
total
310
343
-
-
Income
2 200
2 200
2 200
2 200
Total tax
845
827
844
836
After tax
1 355
1 373
1 356
1 364
Living cost
113
113
113
113
Free-cash
1 242
1 260
1 243
1 251

Estimated living cost  is £113 per week

£67
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
£1151
£771
£829
£1179
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
-
-
-
2 200
pensions
-
-
-
243
unemployment
-
-
-
2
income
-
-
-
713
other
-
-
-
-
health
-
-
-
86
surtax
-
-
-
122
total
-
-
-
1 166
Employee
307
-
1 944
-
health
8
-
31
-
unemployment
21
-
85
-
pensions
20
-
81
-
income
51
-
659
-
other
-
-
-
-
surtax
1
-
112
-
total
101
-
968
-
Employer
307
-
1 944
-
health
14
-
55
-
pensions
41
-
162
-
unemployment
10
-
39
-
other
-
-
-
-
total
65
-
256
-
Corporate
1 829
2 200
-
-
income
475
572
-
-
total
475
572
-
-
Dividends
1 353
1 628
-
-
withholding
203
244
-
-
total
203
244
-
-
Income
2 200
2 200
2 200
2 200
Total tax
844
816
1 224
1 166
After tax
1 356
1 384
976
1 034
Living cost
205
205
205
205
Free-cash
1 151
1 179
771
829

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
£917
£282
£835
£921
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
-
-
-
2 200
pensions
-
-
-
197
chamber of commerce
-
-
-
9
unemployment
-
-
-
56
income
-
-
-
731
health
-
-
-
81
surtax
-
-
-
-
total
-
-
-
1 074
Employee
398
363
1 837
-
health
15
14
41
-
unemployment
12
11
32
-
pensions
41
37
109
-
income
35
27
620
-
other
4
4
11
-
total
107
93
813
-
Employer
398
363
1 837
-
health
15
14
40
-