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
£ 600
per

Your estimated
City
free-cash

Valencia , Spain
£86
£81
£161
£114
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
-
-
-
600
income
-
-
-
95
accident
-
-
-
5
unemployment
-
-
-
4
pensions
-
-
-
170
other
-
-
-
1
total
-
-
-
275
Employee
328
-
455
-
other
-
-
-
-
income
63
-
97
-
unemployment
5
-
7
-
pensions
15
-
21
-
total
83
-
125
-
Employer
328
-
455
-
unemployment
18
-
25
-
pensions
78
-
107
-
other
3
-
4
-
accident
7
-
9
-
total
106
-
145
-
Corporate
167
600
-
-
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.

25
90
-
-
total
25
90
-
-
Dividends
142
510
-
-
withholding
28
105
-
-
total
28
105
-
-
Income
600
600
600
600
Total tax
242
195
270
275
After tax
358
405
330
325
Living cost
244
244
244
244
Free-cash
114
161
86
81

Estimated living cost  is £244 per week

£165
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.
£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
£113
£88
£204
£142
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
-
-
-
600
income
-
-
-
76
health
-
-
-
26
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.

-
-
-
144
other
-
-
-
29
total
-
-
-
275
Employee
323
-
479
-
income
56
-
83
-
health
5
-
7
-
unemployment
3
-
5
-
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
-
34
-
total
87
-
129
-
Employer
323
-
479
-
unemployment
3
-
5
-
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
-
81
-
other
16
-
24
-
accident
3
-
4
-
health
5
-
7
-
total
82
-
121
-
Corporate
196
600
-
-
income
41
126
-
-
total
41
126
-
-
Dividends
155
474
-
-
withholding
11
33
-
-
total
11
33
-
-
Income
600
600
600
600
Total tax
221
159
250
275
After tax
379
441
350
325
Living cost
237
237
237
237
Free-cash
142
204
113
88

Estimated living cost  is £237 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.
£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
£326
£311
£397
£354
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
-
-
-
600
income
-
-
-
90
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
-
-
-
173
Employee
154
-
539
-
income
15
-
54
-
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
38
-
98
-
Employer
154
-
539
-
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
-
21
-
total
31
-
60
-
Corporate
416
600
-
-
income
42
60
-
-
total
42
60
-
-
Dividends
374
540
-
-
withholding
19
27
-
-
total
19
27
-
-
Income
600
600
600
600
Total tax
130
87
158
173
After tax
470
513
442
427
Living cost
116
116
116
116
Free-cash
354
397
326
311

Estimated living cost  is £116 per week

£68
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
£56
£54
-£1
£52
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
-
-
-
600
income
-
-
-
31
social contributions
-
-
-
17
health
-
-
-
5
surtax
-
-
-
-
pensions
-
-
-
170
other
-
-
-
19
total
-
-
-
242
Employee
380
-
457
-
income
22
-
32
-
social contributions
11
-
13
-
surtax
-
-
-
-
pensions
43
-
52
-
total
76
-
97
-
Employer
380
-
457
-
unemployment
15
-
19
-
social contributions
1
-
1
-
pensions
62
-
75
-
other
13
-
16
-
health
27
-
32
-
total
118
-
143
-
Corporate
101
600
-
-
income
28
168
-
-
surtax
-
-
-
-
total
28
168
-
-
Dividends
73
432
-
-
withholding
9
55
-
-
surtax
-
-
-
-
social contributions
13
74
-
-
total
22
129
-
-
Income
600
600
600
600
Total tax
244
297
240
242
After tax
356
303
360
358
Living cost
304
304
304
304
Free-cash
52
-1
56
54

Estimated living cost  is £304 per week

£192
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.
£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
Rotterdam , Netherlands
-£282
-£30
-£232
-£282
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
-
-
-
600
income
-
-
-
64
health
-
-
-
90
pensions
-
-
-
104
total
-
-
-
258
Employee
759
759
759
-
income

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

124
124
124
-
health
116
99
116
-
pensions
137
104
137
-
total
377
327
377
-
Employer
759
759
759
-
unemployment
27
27
27
-
pensions
53
53
53
-
health
53
53
53
-
total
133
133
133
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
600
600
600
600
Total tax
510
460
510
258
After tax
90
140
90
342
Living cost
372
372
372
372
Free-cash
-282
-232
-282
-30

Estimated living cost  is £372 per week

£264
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
£182
£153
£35
£133
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.

-
-
-
600
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.

-
-
-
83
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
-
-
-
29
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.

-
-
-
5
total
-
-
-
178
Employee

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

340
-
600
-
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.

9
-
83
-
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
-
5
-
total
71
-
149
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
260
600
-
-
chamber of commerce
2
2
-
-
income
39
90
-
-
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
5
-
-
trade
41
95
-
-
total
84
192
-
-
Dividends
176
408
-
-
withholding
41
99
-
-
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
5
-
-
total
43
104
-
-
Income
600
600
600
600
Total tax
198
296
149
178
After tax
402
304
451
422
Living cost
269
269
269
269
Free-cash
133
35
182
153

Estimated living cost  is £269 per week

£169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£31
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.
£63
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
£218
£252
£192
£187
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
-
-
-
600
income
-
-
-
33
social contributions
-
-
-
94
health
-
-
-
15
total
-
-
-
142
Employee
683
683
683
-
income
74
63
67
-
social contributions
26
57
45
-
health
5
12
9
-
total
105
132
121
-
Employer
683
683
683
-
social contributions
26
57
45
-
health
6
13
10
-
total
32
70
55
-
Corporate
257
-
-
-
income
32
-
-
-
total
32
-
-
-
Dividends
225
-
-
-
withholding
38
-
-
-
total
38
-
-
-
Income
600
600
600
600
Total tax
207
202
176
142
After tax
393
398
424
458
Living cost
206
206
206
206
Free-cash
187
192
218
252

Estimated living cost  is £206 per week

£123
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
£44
£64
£62
£53
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.

-
-
-
600
income
-
-
-
49
social contributions

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

-
-
-
208
surtax
-
-
-
-
total
-
-
-
257
Employee
409
-
485
-
income
85
-
109
-
social contributions
45
-
53
-
surtax
-
-
-
-
total
130
-
162
-
Employer
409
-
485
-
social contributions
97
-
115
-
total
97
-
115
-
Corporate
94
600
-
-
income
20
126
-
-
surtax
-
-
-
-
total
20
126
-
-
Dividends
75
474
-
-
withholding
21
133
-
-
total
21
133
-
-
Income
600
600
600
600
Total tax
268
259
277
257
After tax
332
341
323
343
Living cost
279
279
279
279
Free-cash
53
62
44
64

Estimated living cost  is £279 per week

£208
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.
£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
£413
£527
£503
£490
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%.

-
-
-
600
microenterprise

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

-
-
-
6
total
-
-
-
6
Employee
83
-
600
-
income
17
-
120
-
total
17
-
120
-
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%.

517
600
-
-
total
-
-
-
-
Dividends
517
600
-
-
withholding
26
30
-
-
total
26
30
-
-
Income
600
600
600
600
Total tax
43
30
120
6
After tax
557
570
480
594
Living cost
67
67
67
67
Free-cash
490
503
413
527

Estimated living cost  is £67 per week

£41
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
£67
£85
£175
£100
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.

-
-
-
600
income
-
-
-
107
health
-
-
-
59
unemployment
-
-
-
1
pensions
-
-
-
110
total
-
-
-
277
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.

393
-
519
-
income
68
-
99
-
health
25
-
34
-
unemployment
1
-
1
-
pensions
61
-
80
-
total
155
-
214
-
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.

393
-
519
-
unemployment
-
-
-
-
pensions
35
-
46
-
health
26
-
35
-
total
61
-
81
-
Corporate
146
600
-
-
income
28
114
-
-
total
28
114
-
-
Dividends
118
486
-
-
withholding
18
73
-
-
total
18
73
-
-
Income
600
600
600
600
Total tax
262
187
295
277
After tax
338
413
305
323
Living cost
238
238
238
238
Free-cash
100
175
67
85

Estimated living cost  is £238 per week

£164
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
£114
-£33
£21
£72
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.

-
-
-
600
income
-
-
-
253
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
-
-
-
311
Employee
408
-
559
-
social contributions
41
-
41
-
income
44
-
82
-
total
85
-
123
-
Employer
408
-
559
-
social contributions
41
-
41
-
total
41
-
41
-
Corporate
152
600
-
-
income
53
210
-
-
total
53
210
-
-
Dividends
99
390
-
-
social contributions
27
47
-
-
total
27
47
-
-
Income
600
600
600
600
Total tax
206
257
164
311
After tax
394
343
436
289
Living cost
322
322
322
322
Free-cash
72
21
114
-33

Estimated living cost  is £322 per week

£212
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.
£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
£168
£197
£177
£182
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
-
-
-
600
income
-
-
-
90
social contributions
-
-
-
83
health
-
-
-
42
total
-
-
-
215
Employee
301
-
600
-
income
50
-
119
-
social contributions
42
-
83
-
health
21
-
42
-
total
113
-
244
-
Employer
301
-
600
-
total
-
-
-
-
Corporate
299
600
-
-
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%.

15
30
-
-
total
15
30
-
-
Dividends
284
570
-
-
withholding
43
86
-
-
health
20
40
-
-
social contributions
39
79
-
-
total
102
205
-
-
Income
600
600
600
600
Total tax
230
235
244
215
After tax
370
365
356
385
Living cost
188
188
188
188
Free-cash
182
177
168
197

Estimated living cost  is £188 per week

£126
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.
£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
Prague , Czech Republic
£61
£48
£169
£82
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
-
-
-
600
income
-
-
-
52
social contributions
-
-
-
175
solidarity contribution
-
-
-
-
health
-
-
-
81
total
-
-
-
308
Employee
358
-
448
-
solidarity contribution
-
-
-
-
income
43
-
54
-
social contributions
23
-
29
-
health
48
-
60
-
total
114
-
143
-
Employer
358
-
448
-
social contributions
90
-
112
-
health
32
-
40
-
total
122
-
152
-
Corporate
120
600
-
-
income
23
114
-
-
total
23
114
-
-
Dividends
97
486
-
-
withholding
15
73
-
-
total
15
73
-
-
Income
600
600
600
600
Total tax
274
187
295
308
After tax
326
413
305
292
Living cost
244
244
244
244
Free-cash
82
169
61
48

Estimated living cost  is £244 per week

£181
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
£376
£490
£466
£446
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%.

-
-
-
600
microenterprise

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

-
-
-
6
total
-
-
-
6
Employee
130
-
600
-
income
26
-
120
-
total
26
-
120
-
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%.

470
600
-
-
total
-
-
-
-
Dividends
470
600
-
-
withholding
24
30
-
-
total
24
30
-
-
Income
600
600
600
600
Total tax
50
30
120
6
After tax
550
570
480
594
Living cost
104
104
104
104
Free-cash
446
466
376
490

Estimated living cost  is £104 per week

£70
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.
£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
-£69
-£71
-£126
-£131
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
-
-
-
600
income
-
-
-
31
social contributions
-
-
-
17
health
-
-
-
5
surtax
-
-
-
-
pensions
-
-
-
170
other
-
-
-
19
total
-
-
-
242
Employee
556
-
457
-
income
49
-
32
-
social contributions
16
-
13
-
surtax
-
-
-
-
pensions
63
-
52
-
total
128
-
97
-
Employer
556
-
457
-
unemployment
23
-
19
-
social contributions
2
-
1
-
pensions
91
-
75
-
other
19
-
16
-
health
39
-
32
-
total
174
-
143
-
Corporate
-
600
-
-
income
-
168
-
-
surtax
-
-
-
-
total
-
168
-
-
Dividends
-
432
-
-
withholding
-
55
-
-
surtax
-
-
-
-
social contributions
-
74
-
-
total
-
129
-
-
Income
600
600
600
600
Total tax
302
297
240
242
After tax
298
303
360
358
Living cost
429
429
429
429
Free-cash
-131
-126
-69
-71

Estimated living cost  is £429 per week

£290
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
£166
£141
£280
£236
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.

-
-
-
600
income
-
-
-
79
health
-
-
-
62
unemployment
-
-
-
9
pensions
-
-
-
156
total
-
-
-
306
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.

231
-
509
-
income
32
-
89
-
health
12
-
26
-
unemployment
2
-
4
-
pensions
32
-
71
-
total
78
-
190
-
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.

231
-
509
-
unemployment
2
-
4
-
pensions
28
-
61
-
health
12
-
26
-
total
42
-
91
-
Corporate
328
600
-
-
income
49
90
-
-
total
49
90
-
-
Dividends
279
510
-
-
withholding
42
77
-
-
total
42
77
-
-
Income
600
600
600
600
Total tax
211
167
281
306
After tax
389
433
319
294
Living cost
153
153
153
153
Free-cash
236
280
166
141

Estimated living cost  is £153 per week

£103
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
-£147
-£115
-£348
-£198
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
-
-
-
600
regional
-
-
-
16
national
-
-
-
2
health
-
-
-
2
city
-
-
-
6
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.

-
-
-
12
pensions
-
-
-
55
total
-
-
-
93
Employee
728
-
537
-
regional
24
-
14
-
city
8
-
6
-
health
2
-
1
-
unemployment
-
-
-
-
national
3
-
2
-
pensions
61
-
45
-
total
98
-
68
-
Employer
728
-
537
-
unemployment
-
-
-
-
pensions
61
-
45
-
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
-
11
-
health
2
-
1
-
total
78
-
57
-
Corporate
-
600
-
-
regional
-
127
-
-
national
-
51
-
-
total
-
178
-
-
Dividends
-
422
-
-
withholding
-
148
-
-
total
-
148
-
-
Income
600
600
600
600
Total tax
176
326
125
93
After tax
424
274
475
507
Living cost
622
622
622
622
Free-cash
-198
-348
-147
-115

Estimated living cost  is £622 per week

£404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£56
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

Helsinki , Finland
£23
£111
£70
£30
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

-
-
-
600
municipal
-
-
-
107
national
-
-
-
35
health
-
-
-
6
total
-
-
-
148
Employee
467
-
505
-
health
3
-
4
-
unemployment
7
-
8
-
national
8
-
11
-
municipal
77
-
83
-
pensions
32
-
34
-
total
127
-
140
-
Employer
467
-
505
-
unemployment
3
-
3
-
pensions
81
-
88
-
accident
-
-
1
-
health
4
-
4
-
total
88
-
96
-
Corporate
44
600
-
-
income
9
120
-
-
total
9
120
-
-
Dividends

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

27
360
-
-
national
-
4
-
-
municipal
5
65
-
-
total
5
69
-
-
Income
600
600
600
600
Total tax
229
189
236
148
After tax
371
411
364
452
Living cost
341
341
341
341
Free-cash
30
70
23
111

Estimated living cost  is £341 per week

£223
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.
£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

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
-£74
-£15
£14
-£220
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
-
-
-
600
national
-
-
-
182
social contributions
-
-
-
78
communal

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

-
-
-
31
total
-
-
-
291
Employee

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

635
-
465
-
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
-
22
-
communal

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

33
-
24
-
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
-
4
-
national
195
-
129
-
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
-
35
-
total
312
-
214
-
Employer

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

635
-
465
-
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
-
7
-
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.

56
-
41
-
surtax
72
-
53
-
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
-
6
-
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
-
29
-
total
184
-
136
-
Corporate
-
600
-
-
income
-
120
-
-
surtax
-
2
-
-
total
-
122
-
-
Dividends
-
478
-
-
withholding

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

-
140
-
-
total
-
140
-
-
Income
600
600
600
600
Total tax
496
262
350
291
After tax
104
338
250
309
Living cost
324
324
324
324
Free-cash
-220
14
-74
-15

Estimated living cost  is £324 per week

£209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£28
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
-£44
-£66
-£37
-£83
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
-
-
-
600
municipal
-
-
-
127
national
-
-
-
-
health
-
-
-
37
accident
-
-
-
1
unemployment
-
-
-
1
pensions
-
-
-
65
other
-
-
-
70
total
-
-
-
301
Employee
520
-
457
-
national
-
-
-
-
municipal
155
-
136
-
total
155
-
136
-
Employer
520
-
457
-
unemployment
14
-
12
-
pensions
56
-
49
-
other
60
-
53
-
accident
1
-
1
-
health
32
-
28
-
total
163
-
143
-
Corporate
-
600
-
-
income
-
132
-
-
total
-
132
-
-
Dividends
-
468
-
-
withholding
-
140
-
-
total
-
140
-
-
Income
600
600
600
600
Total tax
318
272
279
301
After tax
282
328
321
299
Living cost
365
365
365
365
Free-cash
-83
-37
-44
-66

Estimated living cost  is £365 per week

£242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£36
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£82
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
£70
£9
-£41
-£802
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
-
-
-
600
income
-
-
-
117
social contributions
-
-
-
68
total
-
-
-
185
Employee
582
-
-
-
income
128
-
-
-
social contributions
48
-
7
-
total
176
-
7
-
Employer
582
-
-
-
social contributions
820
-
117
-
total
820
-
117
-
Corporate
-
600
-
-
income
-
132
-
-
total
-
132
-
-
Dividends
-
468
-
-
income
-
103
-
-
total
-
103
-
-
Income
600
600
600
600
Total tax
996
235
124
185
After tax
-396
365
476
415
Living cost
406
406
406
406
Free-cash
-802
-41
70
9

Estimated living cost  is £406 per week

£263
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.
£99
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
£136
£170
£110
£116
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
-
-
-
600
income
-
-
-
33
social contributions
-
-
-
94
health
-
-
-
15
total
-
-
-
142
Employee
683
683
683
-
income
72
63
67
-
social contributions
33
57
45
-
health
7
12
9
-
total
112
132
121
-
Employer
683
683
683
-
social contributions
33
57
45
-
health
7
13
10
-
total
40
70
55
-
Corporate
160
-
-
-
income
20
-
-
-
total
20
-
-
-
Dividends
140
-
-
-
withholding
24
-
-
-
total
24
-
-
-
Income
600
600
600
600
Total tax
196
202
176
142
After tax
404
398
424
458
Living cost
288
288
288
288
Free-cash
116
110
136
170

Estimated living cost  is £288 per week

£197
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
£61
£125
£126
£77
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
-
-
-
600
income
-
-
-
112
pensions
-
-
-
39
total
-
-
-
151
Employee
445
-
533
-
income
81
-
96
-
health
6
-
8
-
pensions
34
-
44
-
total
121
-
148
-
Employer
445
-
533
-
pensions
45
-
57
-
health
8
-
10
-
total
53
-
67
-
Corporate
101
600
-
-
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.

19
114
-
-
total
19
114
-
-
Dividends
82
486
-
-
withholding
6
36
-
-
total
6
36
-
-
Income
600
600
600
600
Total tax
199
150
215
151
After tax
401
450
385
449
Living cost
324
324
324
324
Free-cash
77
126
61
125

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
-£65
-£32
-£38
-£147
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
-
-
-
600
municipal
-
-
-
4
regional
-
-
-
10
national
-
-
-
110
social contributions
-
-
-
154
total
-
-
-
278
Employee
749
-
600
-
regional
11
-
8
-
social contributions
252
-
202
-
national
126
-
97
-
municipal
4
-
4
-
total
393
-
311
-
Employer
749
-
600
-
total
-
-
-
-
Corporate
-
600
-
-
nationa
-
144
-
-
municipal
-
29
-
-
total
-
173
-
-
Dividends
-
427
-
-
withholding
-
111
-
-
total
-
111
-
-
Income
600
600
600
600
Total tax
393
284
311
278
After tax
207
316
289
322
Living cost
354
354
354
354
Free-cash
-147
-38
-65
-32

Estimated living cost  is £354 per week

£249
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.
£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
£122
£228
-£137
£20
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
-
-
-
600
income
-
-
-
128
health
-
-
-
18
accident
-
-
-
2
pensions
-
-
-
35
other
-
-
-
3
total
-
-
-
186
Employee
292
-
498
-
income
40
-
78
-
health
33
-
57
-
pensions
33
-
56
-
total
106
-
191
-
Employer
292
-
498
-
unemployment
7
-
12
-
pensions
47
-
81
-
accident
5
-
8
-
total
59
-
101
-
Corporate
248
600
-
-
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.

224
540
-
-
total
224
540
-
-
Dividends
25
60
-
-
withholding
5
11
-
-
total
5
11
-
-
Income
600
600
600
600
Total tax
394
551
292
186
After tax
206
49
308
414
Living cost
186
186
186
186
Free-cash
20
-137
122
228

Estimated living cost  is £186 per week

£136
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
£108
£81
-£33
£83
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.

-
-
-
600
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.

-
-
-
83
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
-
-
-
27
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.

-
-
-
5
total
-
-
-
176
Employee

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

442
-
600
-
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.

36
-
83
-
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
-
5
-
total
99
-
149
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
158
600
-
-
chamber of commerce
2
2
-
-
income
24
90
-
-
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
5
-
-
trade
23
86
-
-
total
50
183
-
-
Dividends
109
417
-
-
withholding
24
101
-
-
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
6
-
-
total
25
107
-
-
Income
600
600
600
600
Total tax
174
290
149
176
After tax
426
310
451
424
Living cost
343
343
343
343
Free-cash
83
-33
108
81

Estimated living cost  is £343 per week

£237
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.
£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.

Riga , Latvia
£157
£297
£295
£221
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.

-
-
-
600
microenterprise
-
-
-
90
income
-
-
-
-
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.

-
-
-
28
surtax
-
-
-
-
total
-
-
-
118
Employee
260
-
484
-
income
46
-
89
-
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
-
53
-
surtax
-
-
-
-
total
75
-
142
-
Employer
260
-
484
-
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
-
116
-
surtax
-
-
-
-
total
63
-
116
-
Corporate
278
600
-
-
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%.

56
120
-
-
total
56
120
-
-
Dividends

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

222
480
-
-
total
-
-
-
-
Income
600
600
600
600
Total tax
194
120
258
118
After tax
406
480
342
482
Living cost
185
185
185
185
Free-cash
221
295
157
297

Estimated living cost  is £185 per week

£118
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
£199
£207
£259
£240
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
-
-
-
600
income
-
-
-
133
health
-
-
-
61
pensions
-
-
-
84
total
-
-
-
278
Employee
175
-
506
-
income
34
-
129
-
health
9
-
21
-
unemployment
2
-
4
-
pensions
16
-
38
-
total
61
-
192
-
Employer
175
-
506
-
unemployment
3
-
8
-
pensions
19
-
46
-
health
17
-
40
-
total
39
-
94
-
Corporate
386
600
-
-
income
85
132
-
-
total
85
132
-
-
Dividends
301
468
-
-
withholding
60
94
-
-
total
60
94
-
-
Income
600
600
600
600
Total tax
245
226
286
278
After tax
355
374
314
322
Living cost
115
115
115
115
Free-cash
240
259
199
207

Estimated living cost  is £115 per week

£68
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
£118
£131
£177
£149
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
-
-
-
600
income
-
-
-
96
health
-
-
-
43
unemployment
-
-
-
2
surtax
-
-
-
8
pensions
-
-
-
120
other
-
-
-
-
total
-
-
-
269
Employee
299
-
496
-
other
-
-
-
-
income
50
-
90
-
health
8
-
13
-
unemployment
21
-
34
-
surtax
1
-
7
-
pensions
20
-
33
-
total
100
-
177
-
Employer
299
-
496
-
unemployment
9
-
16
-
pensions
40
-
66
-
other
-
-
-
-
health
14
-
23
-
total
63
-
105
-
Corporate
238
600
-
-
income
62
156
-
-
total
62
156
-
-
Dividends
176
444
-
-
withholding
26
67
-
-
total
26
67
-
-
Income
600
600
600
600
Total tax
251
223
282
269
After tax
349
377
318
331
Living cost
200
200
200
200
Free-cash
149
177
118
131

Estimated living cost  is £200 per week

£120
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.
£57
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.
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Graz , Austria
-£67
£45
£58
£52
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
-
-
-
600
income
-
-
-
59
chamber of commerce
-
-
-
2
health
-
-
-
46
unemployment
-
-
-
54
surtax
-
-
-
-
pensions
-
-
-
111
total
-
-
-
272
Employee
388
354
466
-
other
4
4
5
-
income
35
26
57
-
health
15
14
18
-
unemployment
12
11
14
-
pensions
40
36
48
-
total
106
91
142
-
Employer
388
354
466
-
unemployment
12
11
14
-
chamber of commerce
2
1
2
-
pensions
49
44
58
-
payroll
12
11
14
-
other
18
17
22
-
surtax
-
-
-
-
accident