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
£1234
£993
£1032
£1275
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
unemployment
-
-
-
6
income
-
-
-
765
other
-
-
-
1
accident
-
-
-
8
pensions
-
-
-
238
total
-
-
-
1 018
Employee
336
-
2 032
-
unemployment
5
-
13
-
pensions
16
-
40
-
income
65
-
734
-
other
-
-
1
-
total
86
-
788
-
Employer
336
-
2 032
-
pensions
79
-
199
-
accident
7
-
17
-
unemployment
18
-
46
-
other
3
-
7
-
total
107
-
269
-
Corporate
1 857
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.

279
345
-
-
total
279
345
-
-
Dividends
1 579
1 955
-
-
withholding
344
430
-
-
total
344
430
-
-
Income
2 300
2 300
2 300
2 300
Total tax
816
775
1 057
1 018
After tax
1 484
1 525
1 243
1 282
Living cost
250
250
250
250
Free-cash
1 234
1 275
993
1 032

Estimated living cost  is £250 per week

£168
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
£1387
£1159
£1178
£1448
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
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.

-
-
-
331
income
-
-
-
422
other
-
-
-
66
health
-
-
-
61
total
-
-
-
880
Employee
329
-
1 948
-
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
-
416
-
total
88
-
546
-
Employer
329
-
1 948
-
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
-
16
-
unemployment
3
-
14
-
other
16
-
69
-
total
83
-
353
-
Corporate
1 887
2 300
-
-
income
396
483
-
-
total
396
483
-
-
Dividends
1 491
1 817
-
-
withholding
104
127
-
-
total
104
127
-
-
Income
2 300
2 300
2 300
2 300
Total tax
671
610
899
880
After tax
1 629
1 690
1 401
1 420
Living cost
242
242
242
242
Free-cash
1 387
1 448
1 159
1 178

Estimated living cost  is £242 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
£1805
£1849
£1752
£1847
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
pensions

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

-
-
-
47
unemployment
-
-
-
1
income
-
-
-
345
health
-
-
-
36
total
-
-
-
429
Employee
158
-
2 238
-
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
-
224
-
total
39
-
270
-
Employer
158
-
2 238
-
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
2 111
2 300
-
-
income
211
230
-
-
total
211
230
-
-
Dividends
1 900
2 070
-
-
withholding
95
104
-
-
total
95
104
-
-
Income
2 300
2 300
2 300
2 300
Total tax
376
334
332
429
After tax
1 924
1 966
1 968
1 871
Living cost
119
119
119
119
Free-cash
1 805
1 847
1 849
1 752

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
£902
£841
£925
£848
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
-
-
-
465
other
-
-
-
71
health
-
-
-
119
social contributions
-
-
-
66
pensions
-
-
-
343
surtax
-
-
-
-
total
-
-
-
1 064
Employee
388
-
1 743
-
pensions
44
-
137
-
income
23
-
404
-
social contributions
11
-
50
-
surtax
-
-
-
-
total
78
-
591
-
Employer
388
-
1 743
-
health
27
-
179
-
social contributions
1
-
5
-
pensions
64
-
227
-
unemployment
16
-
71
-
other
13
-
75
-
total
121
-
557
-
Corporate
1 790
2 300
-
-
income
501
644
-
-
surtax
-
-
-
-
total
501
644
-
-
Dividends
1 289
1 656
-
-
social contributions
222
285
-
-
surtax
-
-
-
-
withholding
165
212
-
-
total
387
497
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 087
1 141
1 148
1 064
After tax
1 213
1 159
1 152
1 236
Living cost
310
310
310
310
Free-cash
902
848
841
925

Estimated living cost  is £310 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
£713
£1090
£841
£769
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 300
pensions
-
-
-
106
income
-
-
-
861
health
-
-
-
112
total
-
-
-
1 079
Employee
775
775
2 131
-
health
119
101
112
-
pensions
139
106
106
-
income

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

127
127
443
-
total
385
334
661
-
Employer
775
775
2 131
-
health
54
54
67
-
pensions
54
54
67
-
unemployment
28
28
35
-
total
136
136
169
-
Corporate
1 399
1 389
-
-
income
280
278
-
-
total
280
278
-
-
Dividends
1 119
1 111
-
-
income
238
236
-
-
withholding
168
167
-
-
total
406
403
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 207
1 151
830
1 079
After tax
1 093
1 149
1 470
1 221
Living cost
380
380
380
380
Free-cash
713
769
1 090
841

Estimated living cost  is £380 per week

£269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£70
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
£983
£1131
£835
£884
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
trade
-
-
-
296
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.

-
-
-
789
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.

-
-
-
43
total
-
-
-
1 190
Employee

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

347
-
2 300
-
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
-
789
-
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
-
43
-
total
73
-
894
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 953
2 300
-
-
income
293
345
-
-
trade
308
362
-
-
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
-
-
chamber of commerce
4
5
-
-
total
621
731
-
-
Dividends
1 332
1 569
-
-
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
-
-
withholding
330
389
-
-
total
348
410
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 042
1 141
894
1 190
After tax
1 258
1 159
1 406
1 110
Living cost
275
275
275
275
Free-cash
983
884
1 131
835

Estimated living cost  is £275 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
£1417
£1309
£1326
£1465
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
-
-
-
558
health
-
-
-
59
social contributions
-
-
-
147
total
-
-
-
764
Employee
698
698
2 182
-
health
5
12
37
-
income
76
65
548
-
social contributions
26
58
78
-
total
107
135
663
-
Employer
698
698
2 182
-
health
6
13
40
-
social contributions
26
58
78
-
total
32
71
118
-
Corporate
1 950
1 531
-
-
income
244
191
-
-
total
244
191
-
-
Dividends
1 706
1 340
-
-
withholding
290
228
-
-
total
290
228
-
-
Income
2 300
2 300
2 300
2 300
Total tax
673
625
781
764
After tax
1 627
1 675
1 519
1 536
Living cost
210
210
210
210
Free-cash
1 417
1 465
1 309
1 326

Estimated living cost  is £210 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
£1014
£713
£902
£1023
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
-
-
-
314
social contributions

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

-
-
-
799
surtax
-
-
-
-
total
-
-
-
1 113
Employee
417
-
1 859
-
income
87
-
650
-
social contributions
46
-
204
-
surtax
-
-
7
-
total
133
-
861
-
Employer
417
-
1 859
-
social contributions
99
-
441
-
total
99
-
441
-
Corporate
1 783
2 300
-
-
income
375
483
-
-
surtax
-
-
-
-
total
375
483
-
-
Dividends
1 409
1 817
-
-
withholding
394
509
-
-
total
394
509
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 001
992
1 302
1 113
After tax
1 299
1 308
998
1 187
Living cost
285
285
285
285
Free-cash
1 014
1 023
713
902

Estimated living cost  is £285 per week

£213
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
£2104
£1772
£2209
£2117
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
85
-
2 300
-
income
17
-
460
-
total
17
-
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%.

2 215
2 300
-
-
total
-
-
-
-
Dividends
2 215
2 300
-
-
withholding
111
115
-
-
total
111
115
-
-
Income
2 300
2 300
2 300
2 300
Total tax
128
115
460
23
After tax
2 172
2 185
1 840
2 277
Living cost
68
68
68
68
Free-cash
2 104
2 117
1 772
2 209

Estimated living cost  is £68 per week

£42
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£6
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£2
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£18
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Ljubljana , Slovenia
£1264
£747
£798
£1341
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
pensions
-
-
-
420
unemployment
-
-
-
3
income
-
-
-
610
health
-
-
-
226
total
-
-
-
1 259
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.

401
-
1 990
-
health
26
-
129
-
unemployment
1
-
3
-
pensions
62
-
308
-
income
69
-
560
-
total
158
-
1 000
-
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.

401
-
1 990
-
health
27
-
133
-
pensions
36
-
176
-
unemployment
-
-
1
-
total
63
-
310
-
Corporate
1 836
2 300
-
-
income
349
437
-
-
total
349
437
-
-
Dividends
1 487
1 863
-
-
withholding
223
279
-
-
total
223
279
-
-
Income
2 300
2 300
2 300
2 300
Total tax
793
716
1 310
1 259
After tax
1 507
1 584
990
1 041
Living cost
243
243
243
243
Free-cash
1 264
1 341
747
798

Estimated living cost  is £243 per week

£167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£16
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£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
£1149
£1263
£1569
£1118
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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.

-
-
-
57
total
-
-
-
402
Employee
416
-
2 258
-
social contributions
42
-
42
-
income
45
-
624
-
total
87
-
666
-
Employer
416
-
2 258
-
social contributions
42
-
42
-
total
42
-
42
-
Corporate
1 842
2 300
-
-
income
645
805
-
-
total
645
805
-
-
Dividends
1 197
1 495
-
-
social contributions
48
48
-
-
total
48
48
-
-
Income
2 300
2 300
2 300
2 300
Total tax
822
853
708
402
After tax
1 478
1 447
1 592
1 898
Living cost
329
329
329
329
Free-cash
1 149
1 118
1 263
1 569

Estimated living cost  is £329 per week

£217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£26
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£81
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
£1217
£1217
£1285
£1210
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
-
-
-
161
social contributions
-
-
-
317
total
-
-
-
823
Employee
308
-
2 300
-
health
21
-
161
-
income
51
-
413
-
social contributions
42
-
317
-
total
114
-
891
-
Employer
308
-
2 300
-
total
-
-
-
-
Corporate
1 992
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
1 893
2 185
-
-
social contributions
261
302
-
-
withholding
284
328
-
-
health
132
153
-
-
total
677
783
-
-
Income
2 300
2 300
2 300
2 300
Total tax
891
898
891
823
After tax
1 409
1 402
1 409
1 477
Living cost
192
192
192
192
Free-cash
1 217
1 210
1 217
1 285

Estimated living cost  is £192 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.
£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
£1240
£1034
£1139
£1330
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
-
-
-
254
health
-
-
-
310
social contributions
-
-
-
296
solidarity contribution
-
-
-
48
total
-
-
-
908
Employee
373
-
1 878
-
health
50
-
253
-
solidarity contribution
-
-
38
-
income
45
-
234
-
social contributions
24
-
66
-
total
119
-
591
-
Employer
373
-
1 878
-
health
34
-
169
-
social contributions
93
-
253
-
total
127
-
422
-
Corporate
1 800
2 300
-
-
income
342
437
-
-
total
342
437
-
-
Dividends
1 458
1 863
-
-
withholding
219
279
-
-
total
219
279
-
-
Income
2 300
2 300
2 300
2 300
Total tax
807
716
1 013
908
After tax
1 493
1 584
1 287
1 392
Living cost
254
254
254
254
Free-cash
1 240
1 330
1 034
1 139

Estimated living cost  is £254 per week

£189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£14
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£47
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
£2060
£1734
£2171
£2079
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
132
-
2 300
-
income
26
-
460
-
total
26
-
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%.

2 168
2 300
-
-
total
-
-
-
-
Dividends
2 168
2 300
-
-
withholding
108
115
-
-
total
108
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
106
106
106
106
Free-cash
2 060
2 079
1 734
2 171

Estimated living cost  is £106 per week

£72
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£4
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£26
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Paris , France
£784
£714
£798
£721
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
-
-
-
465
other
-
-
-
71
health
-
-
-
119
social contributions
-
-
-
66
pensions
-
-
-
343
surtax
-
-
-
-
total
-
-
-
1 064
Employee
568
-
1 743
-
pensions
64
-
137
-
income
50
-
404
-
social contributions
16
-
50
-
surtax
-
-
-
-
total
130
-
591
-
Employer
568
-
1 743
-
health
40
-
179
-
social contributions
2
-
5
-
pensions
93
-
227
-
unemployment
23
-
71
-
other
20
-
75
-
total
178
-
557
-
Corporate
1 554
2 300
-
-
income
435
644
-
-
surtax
-
-
-
-
total
435
644
-
-
Dividends
1 119
1 656
-
-
social contributions
192
285
-
-
surtax
-
-
-
-
withholding
143
212
-
-
total
335
497
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 078
1 141
1 148
1 064
After tax
1 222
1 159
1 152
1 236
Living cost
438
438
438
438
Free-cash
784
721
714
798

Estimated living cost  is £438 per week

£297
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
£1461
£1355
£1354
£1506
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
pensions
-
-
-
174
unemployment
-
-
-
10
income
-
-
-
537
health
-
-
-
69
total
-
-
-
790
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.

236
-
2 180
-
health
12
-
34
-
unemployment
2
-
5
-
pensions
33
-
94
-
income
33
-
537
-
total
80
-
670
-
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.

236
-
2 180
-
health
12
-
34
-
pensions
28
-
80
-
unemployment
2
-
5
-
total
42
-
119
-
Corporate
2 022
2 300
-
-
income
303
345
-
-
total
303
345
-
-
Dividends
1 719
1 955
-
-
withholding
258
293
-
-
total
258
293
-
-
Income
2 300
2 300
2 300
2 300
Total tax
683
638
789
790
After tax
1 617
1 662
1 511
1 510
Living cost
156
156
156
156
Free-cash
1 461
1 506
1 355
1 354

Estimated living cost  is £156 per week

£105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£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.
£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
£690
£1094
£1156
£421
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
pensions
-
-
-
212
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
health
-
-
-
5
regional
-
-
-
143
national
-
-
-
82
total
-
-
-
512
Employee
739
-
2 081
-
health
2
-
5
-
unemployment
-
-
-
-
city
8
-
23
-
pensions
62
-
150
-
regional
24
-
129
-
national
3
-
70
-
total
99
-
377
-
Employer
739
-
2 081
-
health
2
-
5
-
pensions
62
-
150
-
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
-
42
-
total
79
-
197
-
Corporate
1 474
2 300
-
-
regional
312
486
-
-
national
125
195
-
-
total
437
681
-
-
Dividends
1 037
1 618
-
-
withholding
363
566
-
-
total
363
566
-
-
Income
2 300
2 300
2 300
2 300
Total tax
978
1 247
574
512
After tax
1 322
1 053
1 726
1 788
Living cost
632
632
632
632
Free-cash
690
421
1 094
1 156

Estimated living cost  is £632 per week

£411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£57
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

Helsinki , Finland
£1078
£769
£1033
£1043
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
health
-
-
-
32
national
-
-
-
479
total
-
-
-
919
Employee
477
-
1 935
-
health
4
-
26
-
unemployment
7
-
29
-
pensions
32
-
131
-
national
8
-
316
-
municipal
78
-
315
-
total
129
-
817
-
Employer
477
-
1 935
-
health
4
-
15
-
pensions
83
-
336
-
accident
-
-
2
-
unemployment
3
-
13
-
total
90
-
366
-
Corporate
1 732
2 300
-
-
income
346
460
-
-
total
346
460
-
-
Dividends

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

1 039
1 380
-
-
municipal
187
248
-
-
national
122
201
-
-
total
309
449
-
-
Income
2 300
2 300
2 300
2 300
Total tax
874
909
1 183
919
After tax
1 426
1 391
1 117
1 381
Living cost
348
348
348
348
Free-cash
1 078
1 043
769
1 033

Estimated living cost  is £348 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
£817
£439
£671
£917
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
communal

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

-
-
-
124
social contributions
-
-
-
226
national
-
-
-
948
total
-
-
-
1 298
Employee

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

649
-
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.

34
-
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
-
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
-
134
-
national
200
-
685
-
total
319
-
1 011
-
Employer

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

649
-
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.

40
-
110
-
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
-
158
-
surtax
74
-
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
-
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
-
total
189
-
519
-
Corporate
1 462
2 300
-
-
income
292
512
-
-
surtax
6
10
-
-
total
298
522
-
-
Dividends
1 164
1 778
-
-
withholding

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

346
530
-
-
total
346
530
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 152
1 052
1 530
1 298
After tax
1 148
1 248
770
1 002
Living cost
331
331
331
331
Free-cash
817
917
439
671

Estimated living cost  is £331 per week

£213
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
£856
£743
£753
£865
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
unemployment
-
-
-
1
municipal
-
-
-
612
other
-
-
-
100
health
-
-
-
54
national
-
-
-
294
accident
-
-
-
2
pensions
-
-
-
93
total
-
-
-
1 156
Employee
558
-
2 031
-
national
-
-
289
-
municipal
166
-
606
-
total
166
-
895
-
Employer
558
-
2 031
-
health
34
-
53
-
pensions
60
-
93
-
accident
1
-
2
-
unemployment
15
-
23
-
other
65
-
100
-
total
175
-
271
-
Corporate
1 567
2 300
-
-
income
345
506
-
-
total
345
506
-
-
Dividends
1 222
1 794
-
-
withholding
367
538
-
-
total
367
538
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 053
1 044
1 166
1 156
After tax
1 247
1 256
1 134
1 144
Living cost
391
391
391
391
Free-cash
856
865
743
753

Estimated living cost  is £391 per week

£259
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.
£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
£494
£1739
£1160
£969
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
617
-
-
-
income
136
-
-
-
social contributions
51
-
7
-
total
187
-
7
-
Employer
617
-
-
-
social contributions
870
-
124
-
total
870
-
124
-
Corporate
813
2 300
-
-
income
179
506
-
-
total
179
506
-
-
Dividends
634
1 794
-
-
income
140
395
-
-
total
140
395
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 376
901
131
710
After tax
924
1 399
2 169
1 590
Living cost
430
430
430
430
Free-cash
494
969
1 739
1 160

Estimated living cost  is £430 per week

£279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£40
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.
£105
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
£1344
£1225
£1242
£1381
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
-
-
-
558
health
-
-
-
59
social contributions
-
-
-
147
total
-
-
-
764
Employee
698
698
2 182
-
health
7
12
37
-
income
73
65
548
-
social contributions
34
58
78
-
total
114
135
663
-
Employer
698
698
2 182
-
health
8
13
40
-
social contributions
34
58
78
-
total
42
71
118
-
Corporate
1 850
1 531
-
-
income
231
191
-
-
total
231
191
-
-
Dividends
1 619
1 340
-
-
withholding
275
228
-
-
total
275
228
-
-
Income
2 300
2 300
2 300
2 300
Total tax
662
625
781
764
After tax
1 638
1 675
1 519
1 536
Living cost
294
294
294
294
Free-cash
1 344
1 381
1 225
1 242

Estimated living cost  is £294 per week

£201
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
£1152
£940
£1144
£1099
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
-
health
6
-
26
-
pensions
34
-
110
-
income
81
-
602
-
total
121
-
738
-
Employer
445
-
2 002
-
health
8
-
38
-
pensions
45
-
260
-
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
£808
£659
£733
£849
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
-
-
-
58
social contributions
-
-
-
454
national
-
-
-
676
total
-
-
-
1 205
Employee
765
-
2 300
-
social contributions
258
-
595
-
regional
12
-
54
-
national
129
-
615
-
municipal
5
-
15
-
total
404
-
1 279
-
Employer
765
-
2 300
-
total
-
-
-
-
Corporate
1 535
2 300
-
-
nationa
368
552
-
-
municipal
74
111
-
-
total
442
663
-
-
Dividends
1 093
1 637
-
-
withholding
284
426
-
-
total
284
426
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 130
1 089
1 279
1 205
After tax
1 170
1 211
1 021
1 095
Living cost
362
362
362
362
Free-cash
808
849
659
733

Estimated living cost  is £362 per week

£254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£77
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
£158
£1084
£1378
-£6
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
pensions
-
-
-
36
income
-
-
-
670
other
-
-
-
3
health
-
-
-
19
accident
-
-
-
2
total
-
-
-
730
Employee
302
-
2 117
-
health
35
-
242
-
pensions
34
-
67
-
income
41
-
532
-
total
110
-
841
-
Employer
302
-
2 117
-
pensions
49
-
96
-
accident
5
-
35
-
unemployment
7
-
52
-
total
61
-
183
-
Corporate
1 936
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.

1 742
2 070
-
-
total
1 742
2 070
-
-
Dividends
194
230
-
-
withholding
37
44
-
-
total
37
44
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 950
2 114
1 024
730
After tax
350
186
1 276
1 570
Living cost
192
192
192
192
Free-cash
158
-6
1 084
1 378

Estimated living cost  is £192 per week

£141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£11
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£37
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
£953
£1056
£786
£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.

-
-
-
2 300
trade
-
-
-
270
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.

-
-
-
789
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.

-
-
-
43
total
-
-
-
1 164
Employee

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

452
-
2 300
-
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
-
789
-
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
-
43
-
total
101
-
894
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 848
2 300
-
-
income
277
345
-
-
trade
265
330
-
-
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
-
-
chamber of commerce
4
5
-
-
total
561
699
-
-
Dividends
1 287
1 601
-
-
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
22
-
-
withholding
318
397
-
-
total
335
419
-
-
Income
2 300
2 300
2 300
2 300
Total tax
997
1 118
894
1 164
After tax
1 303
1 182
1 406
1 136
Living cost
350
350
350
350
Free-cash
953
832
1 056
786

Estimated living cost  is £350 per week

£242
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
£1577
£825
£664
£1651
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
income
-
-
-
512
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.

-
-
-
348
surtax
-
-
-
587
total
-
-
-
1 447
Employee
265
-
1 837
-
income
47
-
438
-
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
-
-
266
-
total
76
-
823
-
Employer
265
-
1 837
-
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
-
-
202
-
total
64
-
463
-
Corporate
1 971
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%.

394
460
-
-
total
394
460
-
-
Dividends

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

1 577
1 840
-
-
total
-
-
-
-
Income
2 300
2 300
2 300
2 300
Total tax
534
460
1 286
1 447
After tax
1 766
1 840
1 014
853
Living cost
189
189
189
189
Free-cash
1 577
1 651
825
664

Estimated living cost  is £189 per week

£120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£46
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
£1307
£1310
£1319
£1324
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
-
-
-
730
health
-
-
-
59
pensions
-
-
-
81
total
-
-
-
870
Employee
170
-
2 209
-
health
8
-
20
-
unemployment
2
-
4
-
pensions
15
-
37
-
income
33
-
726
-
total
58
-
787
-
Employer
170
-
2 209
-
health
16
-
39
-
pensions
19
-
45
-
unemployment
3
-
8
-
total
38
-
92
-
Corporate
2 092
2 300
-
-
income
460
506
-
-
total
460
506
-
-
Dividends
1 632
1 794
-
-
withholding
326
359
-
-
total
326
359
-
-
Income
2 300
2 300
2 300
2 300
Total tax
882
865
879
870
After tax
1 418
1 435
1 421
1 430
Living cost
111
111
111
111
Free-cash
1 307
1 324
1 310
1 319

Estimated living cost  is £111 per week

£66
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£9
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£34
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
£1214
£820
£875
£1243
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
pensions
-
-
-
242
unemployment
-
-
-
2
income
-
-
-
759
other
-
-
-
-
health
-
-
-
86
surtax
-
-
-
132
total
-
-
-
1 221
Employee
306
-
2 045
-
health
8
-
31
-
unemployment
21
-
84
-
pensions
20
-
81
-
income
51
-
705
-
other
-
-
-
-
surtax
1
-
121
-
total
101
-
1 022
-
Employer
306
-
2 045
-
health
14
-
55
-
pensions
41
-
161
-
unemployment
10
-
38
-
other
-
-
-
-
total
65
-
254
-
Corporate
1 930
2 300
-
-
income
502
598
-
-
total
502
598
-
-
Dividends
1 428
1 702
-
-
withholding
214
255
-
-
total
214
255
-
-
Income
2 300
2 300
2 300
2 300
Total tax
882
853
1 276
1 221
After tax
1 418
1 447
1 024
1 079
Living cost
204
204
204
204
Free-cash
1 214
1 243
820
875

Estimated living cost  is £204 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.
£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
£972
£306
£886
£976
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
pensions
-
-
-
196
chamber of commerce
-
-
-
9
unemployment
-
-
-
56
income
-
-
-
782
health
-
-
-
81
surtax
-
-
-
-
total
-
-
-
1 124
Employee
397
362
1 931
-
health
15
14
41
-
unemployment
12
11
32
-
pensions
41
37
109
-
income
35
27
668
-
other
4
4
11
-
total
107
93
861
-
Employer
397
362
1 931
-
health
15
14
40
-