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
£105
£79
£74
£153
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
unemployment
-
-
-
4
income
-
-
-
94
other
-
-
-
1
accident
-
-
-
5
pensions
-
-
-
170
total
-
-
-
274
Employee
338
-
455
-
unemployment
5
-
7
-
pensions
16
-
21
-
income
65
-
96
-
other
-
-
-
-
total
86
-
124
-
Employer
338
-
455
-
pensions
80
-
107
-
accident
7
-
9
-
unemployment
19
-
25
-
other
3
-
4
-
total
109
-
145
-
Corporate
154
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.

23
90
-
-
total
23
90
-
-
Dividends
131
510
-
-
withholding
25
105
-
-
total
25
105
-
-
Income
600
600
600
600
Total tax
243
195
269
274
After tax
357
405
331
326
Living cost
252
252
252
252
Free-cash
105
153
79
74

Estimated living cost  is £252 per week

£170
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
£135
£107
£82
£197
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
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
income
-
-
-
76
other
-
-
-
28
health
-
-
-
26
total
-
-
-
274
Employee
332
-
479
-
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
-
income
57
-
82
-
total
88
-
128
-
Employer
332
-
479
-
health
5
-
7
-
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
-
81
-
accident
3
-
4
-
unemployment
3
-
5
-
other
17
-
24
-
total
84
-
121
-
Corporate
184
600
-
-
income
39
126
-
-
total
39
126
-
-
Dividends
146
474
-
-
withholding
10
33
-
-
total
10
33
-
-
Income
600
600
600
600
Total tax
221
159
249
274
After tax
379
441
351
326
Living cost
244
244
244
244
Free-cash
135
197
107
82

Estimated living cost  is £244 per week

£172
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
£351
£316
£305
£393
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
pensions

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

-
-
-
47
unemployment
-
-
-
1
income
-
-
-
90
health
-
-
-
37
total
-
-
-
175
Employee
159
-
537
-
health
7
-
15
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
pensions

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

14
-
28
-
income
16
-
54
-
total
39
-
101
-
Employer
159
-
537
-
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
-
4
-
unemployment
1
-
2
-
total
31
-
63
-
Corporate
410
600
-
-
income
41
60
-
-
total
41
60
-
-
Dividends
369
540
-
-
withholding
18
27
-
-
total
18
27
-
-
Income
600
600
600
600
Total tax
129
87
164
175
After tax
471
513
436
425
Living cost
120
120
120
120
Free-cash
351
393
316
305

Estimated living cost  is £120 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
£44
£48
£44
-£10
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
other
-
-
-
19
health
-
-
-
5
social contributions
-
-
-
17
pensions
-
-
-
171
surtax
-
-
-
-
total
-
-
-
243
Employee
391
-
457
-
pensions
44
-
52
-
income
23
-
31
-
social contributions
11
-
13
-
surtax
-
-
-
-
total
78
-
96
-
Employer
391
-
457
-
health
27
-
32
-
social contributions
1
-
1
-
pensions
64
-
75
-
unemployment
16
-
19
-
other
14
-
16
-
total
122
-
143
-
Corporate
86
600
-
-
income
24
168
-
-
surtax
-
-
-
-
total
24
168
-
-
Dividends
62
432
-
-
social contributions
11
74
-
-
surtax
-
-
-
-
withholding
8
55
-
-
total
19
129
-
-
Income
600
600
600
600
Total tax
243
297
239
243
After tax
357
303
361
357
Living cost
313
313
313
313
Free-cash
44
-10
48
44

Estimated living cost  is £313 per week

£197
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.
£85
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
-£308
-£308
-£41
-£256
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
pensions
-
-
-
107
income
-
-
-
59
health
-
-
-
92
total
-
-
-
258
Employee
781
781
781
-
health
120
102
120
-
pensions
141
107
141
-
income

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

128
128
128
-
total
389
337
389
-
Employer
781
781
781
-
health
54
54
54
-
pensions
54
54
54
-
unemployment
28
28
28
-
total
136
136
136
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
600
600
600
600
Total tax
525
473
525
258
After tax
75
127
75
342
Living cost
383
383
383
383
Free-cash
-308
-256
-308
-41

Estimated living cost  is £383 per week

£272
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.
£71
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
£128
£177
£149
£27
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
trade
-
-
-
28
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.

-
-
-
80
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.

-
-
-
4
total
-
-
-
174
Employee

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

350
-
600
-
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
-
80
-
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
-
4
-
total
73
-
146
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
250
600
-
-
income
38
90
-
-
trade
39
95
-
-
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
-
-
chamber of commerce
2
2
-
-
total
81
192
-
-
Dividends
169
408
-
-
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
-
-
withholding
39
99
-
-
total
41
104
-
-
Income
600
600
600
600
Total tax
195
296
146
174
After tax
405
304
454
426
Living cost
277
277
277
277
Free-cash
128
27
177
149

Estimated living cost  is £277 per week

£174
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
£178
£209
£248
£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
-
-
-
31
health
-
-
-
15
social contributions
-
-
-
94
total
-
-
-
140
Employee
703
703
703
-
health
5
12
9
-
income
77
65
70
-
social contributions
27
58
45
-
total
109
135
124
-
Employer
703
703
703
-
health
6
13
10
-
social contributions
27
58
45
-
total
33
71
55
-
Corporate
247
-
-
-
income
31
-
-
-
total
31
-
-
-
Dividends
216
-
-
-
withholding
37
-
-
-
total
37
-
-
-
Income
600
600
600
600
Total tax
210
206
179
140
After tax
390
394
421
460
Living cost
212
212
212
212
Free-cash
178
182
209
248

Estimated living cost  is £212 per week

£127
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
£45
£38
£56
£54
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
-
-
-
48
social contributions

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

-
-
-
209
surtax
-
-
-
-
total
-
-
-
257
Employee
421
-
485
-
income
87
-
107
-
social contributions
46
-
53
-
surtax
-
-
-
-
total
133
-
160
-
Employer
421
-
485
-
social contributions
100
-
115
-
total
100
-
115
-
Corporate
79
600
-
-
income
17
126
-
-
surtax
-
-
-
-
total
17
126
-
-
Dividends
63
474
-
-
withholding
18
133
-
-
total
18
133
-
-
Income
600
600
600
600
Total tax
268
259
275
257
After tax
332
341
325
343
Living cost
287
287
287
287
Free-cash
45
54
38
56

Estimated living cost  is £287 per week

£215
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.
£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
Batumi , Georgia
£493
£415
£529
£505
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
81
-
600
-
income
16
-
120
-
total
16
-
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%.

519
600
-
-
total
-
-
-
-
Dividends
519
600
-
-
withholding
26
30
-
-
total
26
30
-
-
Income
600
600
600
600
Total tax
42
30
120
6
After tax
558
570
480
594
Living cost
65
65
65
65
Free-cash
493
505
415
529

Estimated living cost  is £65 per week

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

Additional information

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

Ljubljana , Slovenia
£91
£62
£79
£168
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
pensions
-
-
-
110
unemployment
-
-
-
1
income
-
-
-
106
health
-
-
-
59
total
-
-
-
276
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.

404
-
519
-
health
26
-
34
-
unemployment
1
-
1
-
pensions
63
-
80
-
income
70
-
97
-
total
160
-
212
-
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.

404
-
519
-
health
27
-
35
-
pensions
36
-
46
-
unemployment
-
-
-
-
total
63
-
81
-
Corporate
133
600
-
-
income
25
114
-
-
total
25
114
-
-
Dividends
107
486
-
-
withholding
16
73
-
-
total
16
73
-
-
Income
600
600
600
600
Total tax
264
187
293
276
After tax
336
413
307
324
Living cost
245
245
245
245
Free-cash
91
168
62
79

Estimated living cost  is £245 per week

£168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£16
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£56
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
£63
£104
-£47
£10
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
-
-
-
260
health

This is an average price for a private worldwide health insurance. The price will vary depending on your age and health condition.

-
-
-
55
total
-
-
-
315
Employee
420
-
558
-
social contributions
42
-
42
-
income
46
-
80
-
total
88
-
122
-
Employer
420
-
558
-
social contributions
42
-
42
-
total
42
-
42
-
Corporate
138
600
-
-
income
48
210
-
-
total
48
210
-
-
Dividends
90
390
-
-
social contributions
27
48
-
-
total
27
48
-
-
Income
600
600
600
600
Total tax
205
258
164
315
After tax
395
342
436
285
Living cost
332
332
332
332
Free-cash
63
10
104
-47

Estimated living cost  is £332 per week

£219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£26
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£82
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
£177
£163
£191
£172
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
-
-
-
42
social contributions
-
-
-
83
total
-
-
-
215
Employee
310
-
600
-
health
22
-
42
-
income
52
-
118
-
social contributions
43
-
83
-
total
117
-
243
-
Employer
310
-
600
-
total
-
-
-
-
Corporate
290
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%.

14
30
-
-
total
14
30
-
-
Dividends
275
570
-
-
social contributions
38
79
-
-
withholding
41
85
-
-
health
19
40
-
-
total
98
204
-
-
Income
600
600
600
600
Total tax
229
234
243
215
After tax
371
366
357
385
Living cost
194
194
194
194
Free-cash
177
172
163
191

Estimated living cost  is £194 per week

£130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£48
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
£59
£45
£32
£153
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
health
-
-
-
81
social contributions
-
-
-
175
solidarity contribution
-
-
-
-
total
-
-
-
308
Employee
383
-
448
-
health
52
-
60
-
solidarity contribution
-
-
-
-
income
46
-
54
-
social contributions
25
-
29
-
total
123
-
143
-
Employer
383
-
448
-
health
34
-
40
-
social contributions
96
-
112
-
total
130
-
152
-
Corporate
87
600
-
-
income
17
114
-
-
total
17
114
-
-
Dividends
71
486
-
-
withholding
11
73
-
-
total
11
73
-
-
Income
600
600
600
600
Total tax
281
187
295
308
After tax
319
413
305
292
Living cost
260
260
260
260
Free-cash
59
153
45
32

Estimated living cost  is £260 per week

£194
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.
£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.
£48
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
£450
£379
£493
£469
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
126
-
600
-
income
25
-
120
-
total
25
-
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%.

474
600
-
-
total
-
-
-
-
Dividends
474
600
-
-
withholding
24
30
-
-
total
24
30
-
-
Income
600
600
600
600
Total tax
49
30
120
6
After tax
551
570
480
594
Living cost
101
101
101
101
Free-cash
450
469
379
493

Estimated living cost  is £101 per week

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

Additional information

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

Paris , France
-£152
-£81
-£85
-£139
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
other
-
-
-
19
health
-
-
-
5
social contributions
-
-
-
17
pensions
-
-
-
171
surtax
-
-
-
-
total
-
-
-
243
Employee
573
-
457
-
pensions
65
-
52
-
income
50
-
31
-
social contributions
16
-
13
-
surtax
-
-
-
-
total
131
-
96
-
Employer
573
-
457
-
health
40
-
32
-
social contributions
2
-
1
-
pensions
94
-
75
-
unemployment
23
-
19
-
other
20
-
16
-
total
179
-
143
-
Corporate
-
600
-
-
income
-
168
-
-
surtax
-
-
-
-
total
-
168
-
-
Dividends
-
432
-
-
social contributions
-
74
-
-
surtax
-
-
-
-
withholding
-
55
-
-
total
-
129
-
-
Income
600
600
600
600
Total tax
310
297
239
243
After tax
290
303
361
357
Living cost
442
442
442
442
Free-cash
-152
-139
-81
-85

Estimated living cost  is £442 per week

£299
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.
£101
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
£230
£163
£137
£275
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
pensions
-
-
-
156
unemployment
-
-
-
9
income
-
-
-
78
health
-
-
-
62
total
-
-
-
305
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.

238
-
509
-
health
12
-
26
-
unemployment
2
-
4
-
pensions
33
-
71
-
income
33
-
87
-
total
80
-
188
-
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.

238
-
509
-
health
12
-
26
-
pensions
29
-
61
-
unemployment
2
-
4
-
total
43
-
91
-
Corporate
320
600
-
-
income
48
90
-
-
total
48
90
-
-
Dividends
272
510
-
-
withholding
41
77
-
-
total
41
77
-
-
Income
600
600
600
600
Total tax
212
167
279
305
After tax
388
433
321
295
Living cost
158
158
158
158
Free-cash
230
275
163
137

Estimated living cost  is £158 per week

£106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£35
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
-£204
-£151
-£119
-£352
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
pensions
-
-
-
55
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
health
-
-
-
2
regional
-
-
-
16
national
-
-
-
2
total
-
-
-
93
Employee
733
-
537
-
health
2
-
1
-
unemployment
-
-
-
-
city
8
-
6
-
pensions
62
-
45
-
regional
24
-
14
-
national
3
-
2
-
total
99
-
68
-
Employer
733
-
537
-
health
2
-
1
-
pensions
62
-
45
-
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
-
11
-
total
79
-
57
-
Corporate
-
600
-
-
regional
-
127
-
-
national
-
51
-
-
total
-
178
-
-
Dividends
-
422
-
-
withholding
-
148
-
-
total
-
148
-
-
Income
600
600
600
600
Total tax
178
326
125
93
After tax
422
274
475
507
Living cost
626
626
626
626
Free-cash
-204
-352
-151
-119

Estimated living cost  is £626 per week

£407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£56
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

Helsinki , Finland
£20
£15
£104
£61
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
health
-
-
-
5
national
-
-
-
33
total
-
-
-
145
Employee
481
-
505
-
health
4
-
4
-
unemployment
7
-
8
-
pensions
32
-
34
-
national
8
-
9
-
municipal
79
-
83
-
total
130
-
138
-
Employer
481
-
505
-
health
4
-
4
-
pensions
83
-
88
-
accident
-
-
1
-
unemployment
3
-
3
-
total
90
-
96
-
Corporate
28
600
-
-
income
6
120
-
-
total
6
120
-
-
Dividends

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

17
360
-
-
municipal
3
65
-
-
national
-
3
-
-
total
3
68
-
-
Income
600
600
600
600
Total tax
229
188
234
145
After tax
371
412
366
455
Living cost
351
351
351
351
Free-cash
20
61
15
104

Estimated living cost  is £351 per week

£229
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
-£245
-£81
-£22
£5
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
communal

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

-
-
-
31
social contributions
-
-
-
77
national
-
-
-
181
total
-
-
-
289
Employee

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

654
-
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.

31
-
22
-
communal

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

34
-
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
-
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
-
35
-
national
201
-
127
-
total
321
-
212
-
Employer

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

654
-
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.

40
-
29
-
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
-
41
-
surtax
74
-
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.

9
-
6
-
unemployment

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

10
-
7
-
total
191
-
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
512
262
348
289
After tax
88
338
252
311
Living cost
333
333
333
333
Free-cash
-245
5
-81
-22

Estimated living cost  is £333 per week

£215
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
-£149
-£79
-£101
-£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
-
-
-
600
unemployment
-
-
-
1
municipal
-
-
-
127
other
-
-
-
70
health
-
-
-
37
national
-
-
-
-
accident
-
-
-
1
pensions
-
-
-
65
total
-
-
-
301
Employee
569
-
457
-
national
-
-
-
-
municipal
170
-
136
-
total
170
-
136
-
Employer
569
-
457
-
health
35
-
28
-
pensions
62
-
49
-
accident
1
-
1
-
unemployment
15
-
12
-
other
66
-
53
-
total
179
-
143
-
Corporate
-
600
-
-
income
-
132
-
-
total
-
132
-
-
Dividends
-
468
-
-
withholding
-
140
-
-
total
-
140
-
-
Income
600
600
600
600
Total tax
349
272
279
301
After tax
251
328
321
299
Living cost
400
400
400
400
Free-cash
-149
-72
-79
-101

Estimated living cost  is £400 per week

£265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£39
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£89
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
-£893
£37
-£17
-£67
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
619
-
-
-
income
137
-
-
-
social contributions
51
-
7
-
total
188
-
7
-
Employer
619
-
-
-
social contributions
873
-
124
-
total
873
-
124
-
Corporate
-
600
-
-
income
-
132
-
-
total
-
132
-
-
Dividends
-
468
-
-
income
-
103
-
-
total
-
103
-
-
Income
600
600
600
600
Total tax
1 061
235
131
185
After tax
-461
365
469
415
Living cost
432
432
432
432
Free-cash
-893
-67
37
-17

Estimated living cost  is £432 per week

£280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£41
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£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
£106
£124
£163
£97
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
health
-
-
-
15
social contributions
-
-
-
94
total
-
-
-
140
Employee
703
703
703
-
health
7
12
9
-
income
74
65
70
-
social contributions
34
58
45
-
total
115
135
124
-
Employer
703
703
703
-
health
8
13
10
-
social contributions
34
58
45
-
total
42
71
55
-
Corporate
147
-
-
-
income
18
-
-
-
total
18
-
-
-
Dividends
128
-
-
-
withholding
22
-
-
-
total
22
-
-
-
Income
600
600
600
600
Total tax
197
206
179
140
After tax
403
394
421
460
Living cost
297
297
297
297
Free-cash
106
97
124
163

Estimated living cost  is £297 per week

£203
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.
£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
Edinburgh , United Kingdom
£77
£61
£125
£126
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
-
health
6
-
8
-
pensions
34
-
44
-
income
81
-
96
-
total
121
-
148
-
Employer
445
-
533
-
health
8
-
10
-
pensions
45
-
57
-
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
-£171
-£75
-£42
-£48
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
social contributions
-
-
-
154
national
-
-
-
110
total
-
-
-
278
Employee
771
-
600
-
social contributions
260
-
202
-
regional
12
-
8
-
national
130
-
97
-
municipal
5
-
4
-
total
407
-
311
-
Employer
771
-
600
-
total
-
-
-
-
Corporate
-
600
-
-
nationa
-
144
-
-
municipal
-
29
-
-
total
-
173
-
-
Dividends
-
427
-
-
withholding
-
111
-
-
total
-
111
-
-
Income
600
600
600
600
Total tax
407
284
311
278
After tax
193
316
289
322
Living cost
364
364
364
364
Free-cash
-171
-48
-75
-42

Estimated living cost  is £364 per week

£256
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.
£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.
£78
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
£19
£114
£217
-£148
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
pensions
-
-
-
37
income
-
-
-
124
other
-
-
-
3
health
-
-
-
20
accident
-
-
-
2
total
-
-
-
186
Employee
310
-
498
-
health
35
-
57
-
pensions
35
-
56
-
income
43
-
75
-
total
113
-
188
-
Employer
310
-
498
-
pensions
50
-
81
-
accident
5
-
8
-
unemployment
8
-
12
-
total
63
-
101
-
Corporate
227
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.

204
540
-
-
total
204
540
-
-
Dividends
23
60
-
-
withholding
4
11
-
-
total
4
11
-
-
Income
600
600
600
600
Total tax
384
551
289
186
After tax
216
49
311
414
Living cost
197
197
197
197
Free-cash
19
-148
114
217

Estimated living cost  is £197 per week

£144
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.
£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

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
£78
£101
£76
-£43
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
trade
-
-
-
25
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.

-
-
-
80
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.

-
-
-
4
total
-
-
-
171
Employee

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

455
-
600
-
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
-
80
-
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
-
4
-
total
101
-
146
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
145
600
-
-
income
22
90
-
-
trade
21
86
-
-
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
-
-
chamber of commerce
2
2
-
-
total
46
183
-
-
Dividends
100
417
-
-
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
-
-
withholding
21
101
-
-
total
22
107
-
-
Income
600
600
600
600
Total tax
169
290
146
171
After tax
431
310
454
429
Living cost
353
353
353
353
Free-cash
78
-43
101
76

Estimated living cost  is £353 per week

£244
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
£215
£152
£291
£290
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
income
-
-
-
-
microenterprise
-
-
-
90
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
surtax
-
-
-
-
total
-
-
-
119
Employee
267
-
484
-
income
48
-
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
77
-
142
-
Employer
267
-
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.

64
-
116
-
surtax
-
-
-
-
total
64
-
116
-
Corporate
268
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%.

54
120
-
-
total
54
120
-
-
Dividends

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

215
480
-
-
total
-
-
-
-
Income
600
600
600
600
Total tax
195
120
258
119
After tax
405
480
342
481
Living cost
190
190
190
190
Free-cash
215
290
152
291

Estimated living cost  is £190 per week

£121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£46
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
£251
£213
£222
£268
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
-
-
-
139
health
-
-
-
56
pensions
-
-
-
77
total
-
-
-
272
Employee
162
-
513
-
health
8
-
19
-
unemployment
2
-
4
-
pensions
15
-
35
-
income
31
-
135
-
total
56
-
193
-
Employer
162
-
513
-
health
15
-
37
-
pensions
18
-
43
-
unemployment
3
-
8
-
total
36
-
88
-
Corporate
402
600
-
-
income
88
132
-
-
total
88
132
-
-
Dividends
314
468
-
-
withholding
63
94
-
-
total
63
94
-
-
Income
600
600
600
600
Total tax
243
226
281
272
After tax
357
374
319
328
Living cost
106
106
106
106
Free-cash
251
268
213
222

Estimated living cost  is £106 per week

£63
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.
£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.
£32
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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Athens , Greece
£143
£114
£128
£172
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
pensions
-
-
-
120
unemployment
-
-
-
2
income
-
-
-
95
other
-
-
-
-
health
-
-
-
43
surtax
-
-
-
7
total
-
-
-
267
Employee
308
-
496
-
health
8
-
13
-
unemployment
21
-
35
-
pensions
21
-
33
-
income
52
-
89
-
other
-
-
-
-
surtax
1
-
6
-
total
103
-
176
-
Employer
308
-
496
-
health
14
-
23
-
pensions
41
-
66
-
unemployment
10
-
16
-
other
-
-
-
-
total
65
-
105
-
Corporate
227
600
-
-
income
59
156
-
-
total
59
156
-
-
Dividends
168
444
-
-
withholding
25
67
-
-
total
25
67
-
-
Income
600
600
600
600
Total tax
252
223
281
267
After tax
348
377
319
333
Living cost
205
205
205
205
Free-cash
143
172
114
128

Estimated living cost  is £205 per week

£124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£59
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
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Graz , Austria
£46
-£74
£37
£50
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
pensions
-
-
-
111
chamber of commerce
-
-
-
2
unemployment
-
-
-
56
income
-
-
-
56
health
-
-
-
46
surtax
-
-
-
-
total
-
-
-
271
Employee
400
364
466
-
health
15
14
18
-
unemployment
12
11
14
-
pensions
41
37
48
-
income
36
27
55
-
other
4
4
5
-
total
108
93
140
-
Employer
400
364
466
-
health
15
14
18
-
pensions
50
46
58
-
surtax
-
-
-
-
accident
5
5
6
-
unemployment
12
11
14
-
chamber of commerce
2
1
2
-
payroll