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
£ 2300
per

Your estimated
City
free-cash

Valencia , Spain
£998
£1037
£1278
£1238
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
-
-
-
2 300
income
-
-
-
768
accident
-
-
-
7
unemployment
-
-
-
6
pensions
-
-
-
235
other
-
-
-
1
total
-
-
-
1 017
Employee
331
-
2 036
-
other
-
-
1
-
income
64
-
738
-
unemployment
5
-
13
-
pensions
16
-
39
-
total
85
-
791
-
Employer
331
-
2 036
-
unemployment
18
-
46
-
pensions
78
-
196
-
other
3
-
7
-
accident
7
-
16
-
total
106
-
265
-
Corporate
1 864
2 300
-
-
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.

280
345
-
-
total
280
345
-
-
Dividends
1 584
1 955
-
-
withholding
345
431
-
-
total
345
431
-
-
Income
2 300
2 300
2 300
2 300
Total tax
816
776
1 056
1 017
After tax
1 484
1 524
1 244
1 283
Living cost
246
246
246
246
Free-cash
1 238
1 278
998
1 037

Estimated living cost  is £246 per week

£166
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
£1168
£1186
£1452
£1390
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
-
-
-
2 300
income
-
-
-
424
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.

-
-
-
327
other
-
-
-
65
total
-
-
-
876
Employee
325
-
1 952
-
income
56
-
418
-
health
5
-
19
-
unemployment
3
-
14
-
pensions

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

23
-
95
-
total
87
-
546
-
Employer
325
-
1 952
-
unemployment
3
-
14
-
pensions

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

55
-
231
-
other
16
-
68
-
accident
3
-
16
-
health
5
-
19
-
total
82
-
348
-
Corporate
1 893
2 300
-
-
income
398
483
-
-
total
398
483
-
-
Dividends
1 496
1 817
-
-
withholding
105
127
-
-
total
105
127
-
-
Income
2 300
2 300
2 300
2 300
Total tax
672
610
894
876
After tax
1 628
1 690
1 406
1 424
Living cost
238
238
238
238
Free-cash
1 390
1 452
1 168
1 186

Estimated living cost  is £238 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.
£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
£1854
£1755
£1850
£1807
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
-
-
-
2 300
income
-
-
-
345
health
-
-
-
36
unemployment
-
-
-
1
pensions

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

-
-
-
46
total
-
-
-
428
Employee
156
-
2 239
-
income
16
-
224
-
health
7
-
14
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
pensions

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

14
-
27
-
total
39
-
268
-
Employer
156
-
2 239
-
unemployment
1
-
2
-
pensions

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

17
-
34
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
health
11
-
22
-
total
31
-
61
-
Corporate
2 114
2 300
-
-
income
211
230
-
-
total
211
230
-
-
Dividends
1 903
2 070
-
-
withholding
95
103
-
-
total
95
103
-
-
Income
2 300
2 300
2 300
2 300
Total tax
376
333
329
428
After tax
1 924
1 967
1 971
1 872
Living cost
117
117
117
117
Free-cash
1 807
1 850
1 854
1 755

Estimated living cost  is £117 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.
£37
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
£841
£928
£853
£905
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
-
-
-
2 300
income
-
-
-
468
social contributions
-
-
-
66
health
-
-
-
120
surtax
-
-
-
-
pensions
-
-
-
341
other
-
-
-
71
total
-
-
-
1 066
Employee
383
-
1 742
-
income
23
-
407
-
social contributions
11
-
50
-
surtax
-
-
-
-
pensions
43
-
137
-
total
77
-
594
-
Employer
383
-
1 742
-
unemployment
16
-
71
-
social contributions
1
-
5
-
pensions
63
-
228
-
other
13
-
75
-
health
27
-
180
-
total
120
-
559
-
Corporate
1 797
2 300
-
-
income
503
644
-
-
surtax
-
-
-
-
total
503
644
-
-
Dividends
1 294
1 656
-
-
withholding
166
212
-
-
surtax
-
-
-
-
social contributions
223
285
-
-
total
389
497
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 089
1 141
1 153
1 066
After tax
1 211
1 159
1 147
1 234
Living cost
306
306
306
306
Free-cash
905
853
841
928

Estimated living cost  is £306 per week

£193
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.
£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
Rotterdam , Netherlands
£1096
£845
£775
£720
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
-
-
-
2 300
income
-
-
-
865
health
-
-
-
110
pensions
-
-
-
105
total
-
-
-
1 080
Employee
764
764
2 134
-
income

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

125
125
448
-
health
117
100
110
-
pensions
138
105
105
-
total
380
330
663
-
Employer
764
764
2 134
-
unemployment
28
28
34
-
pensions
53
53
66
-
health
53
53
66
-
total
134
134
166
-
Corporate
1 411
1 402
-
-
income
282
280
-
-
total
282
280
-
-
Dividends
1 129
1 122
-
-
withholding
169
168
-
-
income
240
238
-
-
total
409
406
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 205
1 150
829
1 080
After tax
1 095
1 150
1 471
1 220
Living cost
375
375
375
375
Free-cash
720
775
1 096
845

Estimated living cost  is £375 per week

£266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£69
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
£1133
£836
£888
£987
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.

-
-
-
2 300
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.

-
-
-
791
health

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

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

-
-
-
61
trade
-
-
-
297
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.

-
-
-
44
total
-
-
-
1 193
Employee

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

342
-
2 300
-
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
-
791
-
health

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

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

61
-
61
-
surtax

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

1
-
44
-
total
72
-
896
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 958
2 300
-
-
chamber of commerce
4
5
-
-
income
294
345
-
-
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
19
-
-
trade
308
362
-
-
total
622
731
-
-
Dividends
1 335
1 569
-
-
withholding
330
389
-
-
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.

18
21
-
-
total
348
410
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 042
1 141
896
1 193
After tax
1 258
1 159
1 404
1 107
Living cost
271
271
271
271
Free-cash
987
888
1 133
836

Estimated living cost  is £271 per week

£171
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
£1311
£1328
£1468
£1420
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
-
-
-
2 300
income
-
-
-
561
social contributions
-
-
-
145
health
-
-
-
59
total
-
-
-
765
Employee
688
688
2 183
-
income
75
64
551
-
social contributions
26
57
77
-
health
5
12
37
-
total
106
133
665
-
Employer
688
688
2 183
-
social contributions
26
57
77
-
health
6
13
40
-
total
32
70
117
-
Corporate
1 955
1 542
-
-
income
244
193
-
-
total
244
193
-
-
Dividends
1 710
1 349
-
-
withholding
291
229
-
-
total
291
229
-
-
Income
2 300
2 300
2 300
2 300
Total tax
673
625
782
765
After tax
1 627
1 675
1 518
1 535
Living cost
207
207
207
207
Free-cash
1 420
1 468
1 311
1 328

Estimated living cost  is £207 per week

£124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
£715
£905
£1027
£1018
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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.

-
-
-
2 300
income
-
-
-
315
social contributions

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

-
-
-
799
surtax
-
-
-
-
total
-
-
-
1 114
Employee
412
-
1 859
-
income
86
-
652
-
social contributions
45
-
204
-
surtax
-
-
7
-
total
131
-
863
-
Employer
412
-
1 859
-
social contributions
98
-
441
-
total
98
-
441
-
Corporate
1 791
2 300
-
-
income
376
483
-
-
surtax
-
-
-
-
total
376
483
-
-
Dividends
1 415
1 817
-
-
withholding
396
509
-
-
total
396
509
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 001
992
1 304
1 114
After tax
1 299
1 308
996
1 186
Living cost
281
281
281
281
Free-cash
1 018
1 027
715
905

Estimated living cost  is £281 per week

£210
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.
£49
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
£1776
£2213
£2121
£2109
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%.

-
-
-
2 300
microenterprise

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

-
-
-
23
total
-
-
-
23
Employee
80
-
2 300
-
income
16
-
460
-
total
16
-
460
-
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%.

2 220
2 300
-
-
total
-
-
-
-
Dividends
2 220
2 300
-
-
withholding
111
115
-
-
total
111
115
-
-
Income
2 300
2 300
2 300
2 300
Total tax
127
115
460
23
After tax
2 173
2 185
1 840
2 277
Living cost
64
64
64
64
Free-cash
2 109
2 121
1 776
2 213

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
£747
£798
£1344
£1269
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.

-
-
-
2 300
income
-
-
-
613
health
-
-
-
226
unemployment
-
-
-
3
pensions
-
-
-
420
total
-
-
-
1 262
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.

396
-
1 990
-
income
68
-
563
-
health
26
-
129
-
unemployment
1
-
3
-
pensions
61
-
308
-
total
156
-
1 003
-
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.

396
-
1 990
-
unemployment
-
-
1
-
pensions
35
-
176
-
health
26
-
133
-
total
61
-
310
-
Corporate
1 843
2 300
-
-
income
350
437
-
-
total
350
437
-
-
Dividends
1 493
1 863
-
-
withholding
224
279
-
-
total
224
279
-
-
Income
2 300
2 300
2 300
2 300
Total tax
791
716
1 313
1 262
After tax
1 509
1 584
987
1 038
Living cost
240
240
240
240
Free-cash
1 269
1 344
747
798

Estimated living cost  is £240 per week

£165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£55
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
£1267
£1572
£1123
£1154
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.

-
-
-
2 300
income
-
-
-
345
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
-
-
-
403
Employee
411
-
2 259
-
social contributions
41
-
41
-
income
45
-
626
-
total
86
-
667
-
Employer
411
-
2 259
-
social contributions
41
-
41
-
total
41
-
41
-
Corporate
1 848
2 300
-
-
income
647
805
-
-
total
647
805
-
-
Dividends
1 201
1 495
-
-
social contributions
47
47
-
-
total
47
47
-
-
Income
2 300
2 300
2 300
2 300
Total tax
821
852
708
403
After tax
1 479
1 448
1 592
1 897
Living cost
325
325
325
325
Free-cash
1 154
1 123
1 267
1 572

Estimated living cost  is £325 per week

£214
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.
£80
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
£1218
£1287
£1212
£1217
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
-
-
-
2 300
income
-
-
-
345
social contributions
-
-
-
317
health
-
-
-
161
total
-
-
-
823
Employee
303
-
2 300
-
income
51
-
414
-
social contributions
42
-
317
-
health
21
-
161
-
total
114
-
892
-
Employer
303
-
2 300
-
total
-
-
-
-
Corporate
1 997
2 300
-
-
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%.

100
115
-
-
total
100
115
-
-
Dividends
1 897
2 185
-
-
withholding
285
328
-
-
health
132
153
-
-
social contributions
262
302
-
-
total
679
783
-
-
Income
2 300
2 300
2 300
2 300
Total tax
893
898
892
823
After tax
1 407
1 402
1 408
1 477
Living cost
190
190
190
190
Free-cash
1 217
1 212
1 218
1 287

Estimated living cost  is £190 per week

£127
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
£1049
£1156
£1341
£1255
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
-
-
-
2 300
income
-
-
-
256
social contributions
-
-
-
283
solidarity contribution
-
-
-
51
health
-
-
-
311
total
-
-
-
901
Employee
357
-
1 887
-
solidarity contribution
-
-
42
-
income
43
-
235
-
social contributions
23
-
63
-
health
48
-
255
-
total
114
-
595
-
Employer
357
-
1 887
-
social contributions
89
-
243
-
health
32
-
170
-
total
121
-
413
-
Corporate
1 822
2 300
-
-
income
346
437
-
-
total
346
437
-
-
Dividends
1 476
1 863
-
-
withholding
221
279
-
-
total
221
279
-
-
Income
2 300
2 300
2 300
2 300
Total tax
802
716
1 008
901
After tax
1 498
1 584
1 292
1 399
Living cost
243
243
243
243
Free-cash
1 255
1 341
1 049
1 156

Estimated living cost  is £243 per week

£180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£13
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
£1740
£2177
£2085
£2066
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%.

-
-
-
2 300
microenterprise

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

-
-
-
23
total
-
-
-
23
Employee
125
-
2 300
-
income
25
-
460
-
total
25
-
460
-
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%.

2 175
2 300
-
-
total
-
-
-
-
Dividends
2 175
2 300
-
-
withholding
109
115
-
-
total
109
115
-
-
Income
2 300
2 300
2 300
2 300
Total tax
134
115
460
23
After tax
2 166
2 185
1 840
2 277
Living cost
100
100
100
100
Free-cash
2 066
2 085
1 740
2 177

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
£715
£802
£727
£789
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
-
-
-
2 300
income
-
-
-
468
social contributions
-
-
-
66
health
-
-
-
120
surtax
-
-
-
-
pensions
-
-
-
341
other
-
-
-
71
total
-
-
-
1 066
Employee
561
-
1 742
-
income
49
-
407
-
social contributions
16
-
50
-
surtax
-
-
-
-
pensions
63
-
137
-
total
128
-
594
-
Employer
561
-
1 742
-
unemployment
23
-
71
-
social contributions
2
-
5
-
pensions
92
-
228
-
other
19
-
75
-
health
39
-
180
-
total
175
-
559
-
Corporate
1 564
2 300
-
-
income
438
644
-
-
surtax
-
-
-
-
total
438
644
-
-
Dividends
1 126
1 656
-
-
withholding
144
212
-
-
surtax
-
-
-
-
social contributions
194
285
-
-
total
338
497
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 079
1 141
1 153
1 066
After tax
1 221
1 159
1 147
1 234
Living cost
432
432
432
432
Free-cash
789
727
715
802

Estimated living cost  is £432 per week

£293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£35
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£98
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
£1359
£1359
£1508
£1463
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.

-
-
-
2 300
income
-
-
-
538
health
-
-
-
68
unemployment
-
-
-
10
pensions
-
-
-
171
total
-
-
-
787
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.

233
-
2 182
-
income
32
-
538
-
health
12
-
34
-
unemployment
2
-
5
-
pensions
33
-
92
-
total
79
-
669
-
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.

233
-
2 182
-
unemployment
2
-
5
-
pensions
28
-
79
-
health
12
-
34
-
total
42
-
118
-
Corporate
2 026
2 300
-
-
income
304
345
-
-
total
304
345
-
-
Dividends
1 722
1 955
-
-
withholding
258
293
-
-
total
258
293
-
-
Income
2 300
2 300
2 300
2 300
Total tax
683
638
787
787
After tax
1 617
1 662
1 513
1 513
Living cost
154
154
154
154
Free-cash
1 463
1 508
1 359
1 359

Estimated living cost  is £154 per week

£104
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
£1101
£1162
£428
£694
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
-
-
-
2 300
regional
-
-
-
143
national
-
-
-
83
health
-
-
-
5
city
-
-
-
24
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.

-
-
-
46
pensions
-
-
-
212
total
-
-
-
513
Employee
731
-
2 081
-
regional
24
-
130
-
city
8
-
23
-
health
2
-
5
-
unemployment
-
-
-
-
national
3
-
71
-
pensions
61
-
149
-
total
98
-
378
-
Employer
731
-
2 081
-
unemployment
-
-
-
-
pensions
61
-
149
-
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
-
42
-
health
2
-
5
-
total
78
-
196
-
Corporate
1 483
2 300
-
-
regional
314
486
-
-
national
126
195
-
-
total
440
681
-
-
Dividends
1 044
1 618
-
-
withholding
365
566
-
-
total
365
566
-
-
Income
2 300
2 300
2 300
2 300
Total tax
981
1 247
574
513
After tax
1 319
1 053
1 726
1 787
Living cost
625
625
625
625
Free-cash
694
428
1 101
1 162

Estimated living cost  is £625 per week

£406
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.
£155
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
£770
£1034
£1044
£1079
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

-
-
-
2 300
municipal
-
-
-
408
national
-
-
-
482
health
-
-
-
32
total
-
-
-
922
Employee
471
-
1 935
-
health
4
-
26
-
unemployment
7
-
29
-
national
8
-
319
-
municipal
77
-
315
-
pensions
32
-
131
-
total
128
-
820
-
Employer
471
-
1 935
-
unemployment
3
-
13
-
pensions
82
-
336
-
accident
-
-
2
-
health
4
-
15
-
total
89
-
366
-
Corporate
1 740
2 300
-
-
income
348
460
-
-
total
348
460
-
-
Dividends

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

1 044
1 380
-
-
national
124
204
-
-
municipal
188
248
-
-
total
312
452
-
-
Income
2 300
2 300
2 300
2 300
Total tax
877
912
1 186
922
After tax
1 423
1 388
1 114
1 378
Living cost
344
344
344
344
Free-cash
1 079
1 044
770
1 034

Estimated living cost  is £344 per week

£224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£33
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£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
£442
£676
£921
£824
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
-
-
-
2 300
national
-
-
-
950
social contributions
-
-
-
223
communal

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

-
-
-
125
total
-
-
-
1 298
Employee

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

640
-
1 781
-
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
-
84
-
communal

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

33
-
93
-
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
-
16
-
national
197
-
686
-
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
-
134
-
total
314
-
1 013
-
Employer

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

640
-
1 781
-
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
-
26
-
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
-
158
-
surtax
73
-
202
-
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
-
23
-
health

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

39
-
110
-
total
186
-
519
-
Corporate
1 473
2 300
-
-
income
295
514
-
-
surtax
6
10
-
-
total
301
524
-
-
Dividends
1 173
1 776
-
-
withholding

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

349
529
-
-
total
349
529
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 150
1 053
1 532
1 298
After tax
1 150
1 247
768
1 002
Living cost
326
326
326
326
Free-cash
824
921
442
676

Estimated living cost  is £326 per week

£210
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.
£82
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
£763
£772
£889
£880
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
-
-
-
2 300
municipal
-
-
-
616
national
-
-
-
312
health
-
-
-
50
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
87
other
-
-
-
93
total
-
-
-
1 161
Employee
523
-
2 047
-
national
-
-
307
-
municipal
156
-
611
-
total
156
-
918
-
Employer
523
-
2 047
-
unemployment
14
-
21
-
pensions
57
-
87
-
other
61
-
93
-
accident
1
-
2
-
health
32
-
49
-
total
165
-
252
-
Corporate
1 613
2 300
-
-
income
355
506
-
-
total
355
506
-
-
Dividends
1 258
1 794
-
-
withholding
377
538
-
-
total
377
538
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 053
1 044
1 170
1 161
After tax
1 247
1 256
1 130
1 139
Living cost
367
367
367
367
Free-cash
880
889
763
772

Estimated living cost  is £367 per week

£243
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
£1778
£1190
£999
£557
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
-
-
-
2 300
income
-
-
-
448
social contributions
-
-
-
262
total
-
-
-
710
Employee
574
-
-
-
income
127
-
-
-
social contributions
47
-
7
-
total
174
-
7
-
Employer
574
-
-
-
social contributions
810
-
115
-
total
810
-
115
-
Corporate
916
2 300
-
-
income
202
506
-
-
total
202
506
-
-
Dividends
715
1 794
-
-
income
157
395
-
-
total
157
395
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 343
901
122
710
After tax
957
1 399
2 178
1 590
Living cost
400
400
400
400
Free-cash
557
999
1 778
1 190

Estimated living cost  is £400 per week

£260
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.
£98
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
£1228
£1245
£1385
£1350
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
-
-
-
2 300
income
-
-
-
561
social contributions
-
-
-
145
health
-
-
-
59
total
-
-
-
765
Employee
688
688
2 183
-
income
72
64
551
-
social contributions
33
57
77
-
health
7
12
37
-
total
112
133
665
-
Employer
688
688
2 183
-
social contributions
33
57
77
-
health
7
13
40
-
total
40
70
117
-
Corporate
1 856
1 542
-
-
income
232
193
-
-
total
232
193
-
-
Dividends
1 624
1 349
-
-
withholding
276
229
-
-
total
276
229
-
-
Income
2 300
2 300
2 300
2 300
Total tax
660
625
782
765
After tax
1 640
1 675
1 518
1 535
Living cost
290
290
290
290
Free-cash
1 350
1 385
1 228
1 245

Estimated living cost  is £290 per week

£198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£23
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
£940
£1144
£1099
£1152
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
-
-
-
2 300
income
-
-
-
738
pensions
-
-
-
94
total
-
-
-
832
Employee
445
-
2 002
-
income
81
-
602
-
health
6
-
26
-
pensions
34
-
110
-
total
121
-
738
-
Employer
445
-
2 002
-
pensions
45
-
260
-
health
8
-
38
-
total
53
-
298
-
Corporate
1 801
2 300
-
-
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.

342
437
-
-
total
342
437
-
-
Dividends
1 459
1 863
-
-
withholding
308
440
-
-
total
308
440
-
-
Income
2 300
2 300
2 300
2 300
Total tax
824
877
1 036
832
After tax
1 476
1 423
1 264
1 468
Living cost
324
324
324
324
Free-cash
1 152
1 099
940
1 144

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
£667
£739
£854
£814
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
-
-
-
2 300
municipal
-
-
-
17
regional
-
-
-
59
national
-
-
-
680
social contributions
-
-
-
448
total
-
-
-
1 204
Employee
754
-
2 300
-
regional
11
-
54
-
social contributions
254
-
587
-
national
127
-
620
-
municipal
5
-
15
-
total
397
-
1 276
-
Employer
754
-
2 300
-
total
-
-
-
-
Corporate
1 546
2 300
-
-
nationa
371
552
-
-
municipal
75
111
-
-
total
446
663
-
-
Dividends
1 100
1 637
-
-
withholding
286
426
-
-
total
286
426
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 129
1 089
1 276
1 204
After tax
1 171
1 211
1 024
1 096
Living cost
357
357
357
357
Free-cash
814
854
667
739

Estimated living cost  is £357 per week

£250
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.
£76
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
£1095
£1386
£2
£158
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
-
-
-
2 300
income
-
-
-
672
health
-
-
-
18
accident
-
-
-
2
pensions
-
-
-
35
other
-
-
-
3
total
-
-
-
730
Employee
290
-
2 120
-
income
40
-
535
-
health
33
-
243
-
pensions
33
-
64
-
total
106
-
842
-
Employer
290
-
2 120
-
unemployment
7
-
52
-
pensions
47
-
92
-
accident
5
-
35
-
total
59
-
179
-
Corporate
1 951
2 300
-
-
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.

1 756
2 070
-
-
total
1 756
2 070
-
-
Dividends
195
230
-
-
withholding
37
44
-
-
total
37
44
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 958
2 114
1 021
730
After tax
342
186
1 279
1 570
Living cost
184
184
184
184
Free-cash
158
2
1 095
1 386

Estimated living cost  is £184 per week

£135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£10
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£35
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
£1058
£788
£836
£954
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.

-
-
-
2 300
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.

-
-
-
791
health

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

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

-
-
-
61
trade
-
-
-
270
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.

-
-
-
44
total
-
-
-
1 166
Employee

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

445
-
2 300
-
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
-
791
-
health

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

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

61
-
61
-
surtax

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

2
-
44
-
total
100
-
896
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 855
2 300
-
-
chamber of commerce
4
5
-
-
income
278
345
-
-
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
19
-
-
trade
266
330
-
-
total
563
699
-
-
Dividends
1 291
1 601
-
-
withholding
319
397
-
-
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.

18
22
-
-
total
337
419
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 000
1 118
896
1 166
After tax
1 300
1 182
1 404
1 134
Living cost
346
346
346
346
Free-cash
954
836
1 058
788

Estimated living cost  is £346 per week

£238
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
£830
£669
£1654
£1580
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.

-
-
-
2 300
microenterprise
-
-
-
-
income
-
-
-
515
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.

-
-
-
343
surtax
-
-
-
587
total
-
-
-
1 445
Employee
262
-
1 841
-
income
47
-
441
-
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
-
117
-
surtax
-
-
267
-
total
76
-
825
-
Employer
262
-
1 841
-
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
-
257
-
surtax
-
-
202
-
total
63
-
459
-
Corporate
1 975
2 300
-
-
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%.

395
460
-
-
total
395
460
-
-
Dividends

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

1 580
1 840
-
-
total
-
-
-
-
Income
2 300
2 300
2 300
2 300
Total tax
534
460
1 284
1 445
After tax
1 766
1 840
1 016
855
Living cost
186
186
186
186
Free-cash
1 580
1 654
830
669

Estimated living cost  is £186 per week

£119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£45
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
£1303
£1311
£1319
£1300
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
-
-
-
2 300
income
-
-
-
727
health
-
-
-
61
pensions
-
-
-
85
total
-
-
-
873
Employee
177
-
2 205
-
income
34
-
723
-
health
9
-
21
-
unemployment
2
-
4
-
pensions
16
-
38
-
total
61
-
786
-
Employer
177
-
2 205
-
unemployment
4
-
8
-
pensions
19
-
47
-
health
17
-
40
-
total
40
-
95
-
Corporate
2 084
2 300
-
-
income
458
506
-
-
total
458
506
-
-
Dividends
1 625
1 794
-
-
withholding
325
359
-
-
total
325
359
-
-
Income
2 300
2 300
2 300
2 300
Total tax
884
865
881
873
After tax
1 416
1 435
1 419
1 427
Living cost
116
116
116
116
Free-cash
1 300
1 319
1 303
1 311

Estimated living cost  is £116 per week

£69
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£9
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£35
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
£824
£877
£1246
£1216
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 300
income
-
-
-
763
health
-
-
-
85
unemployment
-
-
-
2
surtax
-
-
-
133
pensions
-
-
-
239
other
-
-
-
-
total
-
-
-
1 222
Employee
301
-
2 049
-
other
-
-
-
-
income
51
-
709
-
health
8
-
30
-
unemployment
21
-
83
-
surtax
1
-
122
-
pensions
20
-
80
-
total
101
-
1 024
-
Employer
301
-
2 049
-
unemployment
10
-
38
-
pensions
40
-
159
-
other
-
-
-
-
health
14
-
54
-
total
64
-
251
-
Corporate
1 935
2 300
-
-
income
503
598
-
-
total
503
598
-
-
Dividends
1 432
1 702
-
-
withholding
215
255
-
-
total
215
255
-
-
Income
2 300
2 300
2 300
2 300
Total tax
883
853
1 275
1 222
After tax
1 417
1 447
1 025
1 078
Living cost
201
201
201
201
Free-cash
1 216
1 246
824
877

Estimated living cost  is £201 per week

£121
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.
£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
£311
£890
£979
£975
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 300
income
-
-
-
787
chamber of commerce
-
-
-
9
health
-
-
-
80
unemployment
-
-
-
55
surtax
-
-
-
-
pensions
-
-
-
193
total
-
-
-
1 124
Employee
391
357
1 934
-
other
4
4
10
-
income
35
26
674
-
health
15
14
40
-
unemployment
12
11
31
-
pensions
40
37
107
-
total
106
92
862
-
Employer
391
357
1 934
-
unemployment
12
11
31