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
£ 850
per

Your estimated
City
free-cash

Valencia , Spain
£208
£206
£327
£279
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
-
-
-
850
income
-
-
-
149
accident
-
-
-
7
unemployment
-
-
-
6
pensions
-
-
-
235
other
-
-
-
1
total
-
-
-
398
Employee
331
-
645
-
other
-
-
1
-
income
64
-
150
-
unemployment
5
-
10
-
pensions
16
-
30
-
total
85
-
191
-
Employer
331
-
645
-
unemployment
18
-
35
-
pensions
78
-
152
-
other
3
-
5
-
accident
7
-
13
-
total
106
-
205
-
Corporate
413
850
-
-
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.

62
127
-
-
total
62
127
-
-
Dividends
351
723
-
-
withholding
72
150
-
-
total
72
150
-
-
Income
850
850
850
850
Total tax
325
277
396
398
After tax
525
573
454
452
Living cost
246
246
246
246
Free-cash
279
327
208
206

Estimated living cost  is £246 per week

£166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£24
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£52
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
£258
£222
£386
£325
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
-
-
-
850
income
-
-
-
108
health
-
-
-
37
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.

-
-
-
204
other
-
-
-
40
total
-
-
-
389
Employee
325
-
679
-
income
56
-
117
-
health
5
-
10
-
unemployment
3
-
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.

23
-
48
-
total
87
-
182
-
Employer
325
-
679
-
unemployment
3
-
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.

55
-
115
-
other
16
-
34
-
accident
3
-
5
-
health
5
-
10
-
total
82
-
171
-
Corporate
443
850
-
-
income
93
178
-
-
total
93
178
-
-
Dividends
350
672
-
-
withholding
24
47
-
-
total
24
47
-
-
Income
850
850
850
850
Total tax
286
225
353
389
After tax
564
625
497
461
Living cost
239
239
239
239
Free-cash
325
386
258
222

Estimated living cost  is £239 per week

£169
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
£549
£523
£610
£567
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
-
-
-
850
income
-
-
-
127
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
-
-
-
210
Employee
155
-
789
-
income
16
-
79
-
health
7
-
14
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
pensions

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

14
-
27
-
total
39
-
123
-
Employer
155
-
789
-
unemployment
1
-
2
-
pensions

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

17
-
34
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
health
11
-
22
-
total
31
-
61
-
Corporate
664
850
-
-
income
66
85
-
-
total
66
85
-
-
Dividends
598
765
-
-
withholding
30
38
-
-
total
30
38
-
-
Income
850
850
850
850
Total tax
166
123
184
210
After tax
684
727
666
640
Living cost
117
117
117
117
Free-cash
567
610
549
523

Estimated living cost  is £117 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
£180
£185
£122
£174
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
-
-
-
850
income
-
-
-
74
social contributions
-
-
-
24
health
-
-
-
13
surtax
-
-
-
-
pensions
-
-
-
221
other
-
-
-
26
total
-
-
-
358
Employee
383
-
648
-
income
23
-
71
-
social contributions
11
-
18
-
surtax
-
-
-
-
pensions
43
-
73
-
total
77
-
162
-
Employer
383
-
648
-
unemployment
16
-
26
-
social contributions
1
-
2
-
pensions
63
-
106
-
other
13
-
22
-
health
27
-
45
-
total
120
-
201
-
Corporate
347
850
-
-
income
97
238
-
-
surtax
-
-
-
-
total
97
238
-
-
Dividends
250
612
-
-
withholding
32
78
-
-
surtax
-
-
-
-
social contributions
43
105
-
-
total
75
183
-
-
Income
850
850
850
850
Total tax
369
421
363
358
After tax
481
429
487
492
Living cost
307
307
307
307
Free-cash
174
122
180
185

Estimated living cost  is £307 per week

£193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£83
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
-£39
£107
£11
-£39
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
-
-
-
850
income
-
-
-
158
health
-
-
-
105
pensions
-
-
-
105
total
-
-
-
368
Employee
765
765
765
-
income

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

125
125
125
-
health
117
100
117
-
pensions
138
105
138
-
total
380
330
380
-
Employer
765
765
765
-
unemployment
28
28
28
-
pensions
53
53
53
-
health
53
53
53
-
total
134
134
134
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
850
850
850
850
Total tax
514
464
514
368
After tax
336
386
336
482
Living cost
375
375
375
375
Free-cash
-39
11
-39
107

Estimated living cost  is £375 per week

£266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£70
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
£340
£272
£159
£257
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.

-
-
-
850
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.

-
-
-
169
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
-
-
-
68
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.

-
-
-
9
total
-
-
-
307
Employee

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

343
-
850
-
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
-
169
-
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
-
9
-
total
72
-
239
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
507
850
-
-
chamber of commerce
2
3
-
-
income
76
127
-
-
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
7
-
-
trade
80
134
-
-
total
162
271
-
-
Dividends
345
579
-
-
withholding
83
141
-
-
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
8
-
-
total
88
149
-
-
Income
850
850
850
850
Total tax
322
420
239
307
After tax
528
430
611
543
Living cost
271
271
271
271
Free-cash
257
159
340
272

Estimated living cost  is £271 per week

£171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£32
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Larnaca , Cyprus
£402
£402
£415
£367
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
-
-
-
850
income
-
-
-
86
social contributions
-
-
-
133
health
-
-
-
22
total
-
-
-
241
Employee
689
689
772
-
income
75
64
86
-
social contributions
26
57
64
-
health
5
12
13
-
total
106
133
163
-
Employer
689
689
772
-
social contributions
26
57
64
-
health
6
13
14
-
total
32
70
78
-
Corporate
504
91
-
-
income
63
11
-
-
total
63
11
-
-
Dividends
441
80
-
-
withholding
75
14
-
-
total
75
14
-
-
Income
850
850
850
850
Total tax
276
228
241
241
After tax
574
622
609
609
Living cost
207
207
207
207
Free-cash
367
415
402
402

Estimated living cost  is £207 per week

£124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
£155
£197
£203
£194
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.

-
-
-
850
income
-
-
-
77
social contributions

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

-
-
-
295
surtax
-
-
-
-
total
-
-
-
372
Employee
412
-
687
-
income
86
-
175
-
social contributions
45
-
76
-
surtax
-
-
-
-
total
131
-
251
-
Employer
412
-
687
-
social contributions
98
-
163
-
total
98
-
163
-
Corporate
340
850
-
-
income
71
178
-
-
surtax
-
-
-
-
total
71
178
-
-
Dividends
269
672
-
-
withholding
75
188
-
-
total
75
188
-
-
Income
850
850
850
850
Total tax
375
366
414
372
After tax
475
484
436
478
Living cost
281
281
281
281
Free-cash
194
203
155
197

Estimated living cost  is £281 per week

£210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£49
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
£613
£774
£741
£728
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%.

-
-
-
850
microenterprise

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

-
-
-
9
total
-
-
-
9
Employee
84
-
850
-
income
17
-
170
-
total
17
-
170
-
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%.

766
850
-
-
total
-
-
-
-
Dividends
766
850
-
-
withholding
38
42
-
-
total
38
42
-
-
Income
850
850
850
850
Total tax
55
42
170
9
After tax
795
808
680
841
Living cost
67
67
67
67
Free-cash
728
741
613
774

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
£177
£202
£346
£270
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.

-
-
-
850
income
-
-
-
168
health
-
-
-
84
unemployment
-
-
-
1
pensions
-
-
-
155
total
-
-
-
408
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

396
-
735
-
income
68
-
156
-
health
26
-
48
-
unemployment
1
-
1
-
pensions
61
-
114
-
total
156
-
319
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

396
-
735
-
unemployment
-
-
-
-
pensions
35
-
65
-
health
26
-
49
-
total
61
-
114
-
Corporate
392
850
-
-
income
75
161
-
-
total
75
161
-
-
Dividends
318
689
-
-
withholding
48
103
-
-
total
48
103
-
-
Income
850
850
850
850
Total tax
340
264
433
408
After tax
510
586
417
442
Living cost
240
240
240
240
Free-cash
270
346
177
202

Estimated living cost  is £240 per week

£165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£55
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
£299
£211
£181
£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

We use The Residence Programme or The Global Residence Programme.

-
-
-
850
income
-
-
-
255
health

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

-
-
-
59
total
-
-
-
314
Employee
411
-
809
-
social contributions
41
-
41
-
income
45
-
144
-
total
86
-
185
-
Employer
411
-
809
-
social contributions
41
-
41
-
total
41
-
41
-
Corporate
398
850
-
-
income
139
297
-
-
total
139
297
-
-
Dividends
259
553
-
-
social contributions
39
47
-
-
total
39
47
-
-
Income
850
850
850
850
Total tax
305
344
226
314
After tax
545
506
624
536
Living cost
325
325
325
325
Free-cash
220
181
299
211

Estimated living cost  is £325 per week

£214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£26
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£80
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
£360
£357
£329
£333
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
-
-
-
850
income
-
-
-
127
social contributions
-
-
-
117
health
-
-
-
59
total
-
-
-
303
Employee
304
-
850
-
income
51
-
124
-
social contributions
42
-
117
-
health
21
-
59
-
total
114
-
300
-
Employer
304
-
850
-
total
-
-
-
-
Corporate
546
850
-
-
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%.

27
43
-
-
total
27
43
-
-
Dividends
519
807
-
-
withholding
78
121
-
-
health
36
56
-
-
social contributions
72
111
-
-
total
186
288
-
-
Income
850
850
850
850
Total tax
327
331
300
303
After tax
523
519
550
547
Living cost
190
190
190
190
Free-cash
333
329
360
357

Estimated living cost  is £190 per week

£127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£47
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
£185
£168
£340
£252
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
-
-
-
850
income
-
-
-
73
social contributions
-
-
-
248
solidarity contribution
-
-
-
-
health
-
-
-
115
total
-
-
-
436
Employee
361
-
634
-
solidarity contribution
-
-
-
-
income
43
-
76
-
social contributions
23
-
41
-
health
49
-
86
-
total
115
-
203
-
Employer
361
-
634
-
social contributions
90
-
159
-
health
33
-
57
-
total
123
-
216
-
Corporate
366
850
-
-
income
70
161
-
-
total
70
161
-
-
Dividends
297
689
-
-
withholding
44
103
-
-
total
44
103
-
-
Income
850
850
850
850
Total tax
352
264
419
436
After tax
498
586
431
414
Living cost
246
246
246
246
Free-cash
252
340
185
168

Estimated living cost  is £246 per week

£183
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£14
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£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
£576
£737
£704
£684
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%.

-
-
-
850
microenterprise

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

-
-
-
9
total
-
-
-
9
Employee
130
-
850
-
income
26
-
170
-
total
26
-
170
-
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%.

720
850
-
-
total
-
-
-
-
Dividends
720
850
-
-
withholding
36
42
-
-
total
36
42
-
-
Income
850
850
850
850
Total tax
62
42
170
9
After tax
788
808
680
841
Living cost
104
104
104
104
Free-cash
684
704
576
737

Estimated living cost  is £104 per week

£71
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
£54
£59
-£4
£58
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
-
-
-
850
income
-
-
-
74
social contributions
-
-
-
24
health
-
-
-
13
surtax
-
-
-
-
pensions
-
-
-
221
other
-
-
-
26
total
-
-
-
358
Employee
561
-
648
-
income
49
-
71
-
social contributions
16
-
18
-
surtax
-
-
-
-
pensions
63
-
73
-
total
128
-
162
-
Employer
561
-
648
-
unemployment
23
-
26
-
social contributions
2
-
2
-
pensions
92
-
106
-
other
19
-
22
-
health
39
-
45
-
total
175
-
201
-
Corporate
114
850
-
-
income
32
238
-
-
surtax
-
-
-
-
total
32
238
-
-
Dividends
82
612
-
-
withholding
10
78
-
-
surtax
-
-
-
-
social contributions
14
105
-
-
total
24
183
-
-
Income
850
850
850
850
Total tax
359
421
363
358
After tax
491
429
487
492
Living cost
433
433
433
433
Free-cash
58
-4
54
59

Estimated living cost  is £433 per week

£293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£35
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£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
Belgrade , Serbia
£291
£290
£460
£416
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.

-
-
-
850
income
-
-
-
156
health
-
-
-
68
unemployment
-
-
-
10
pensions
-
-
-
172
total
-
-
-
406
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

233
-
732
-
income
32
-
156
-
health
12
-
34
-
unemployment
2
-
5
-
pensions
33
-
92
-
total
79
-
287
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

233
-
732
-
unemployment
2
-
5
-
pensions
28
-
79
-
health
12
-
34
-
total
42
-
118
-
Corporate
575
850
-
-
income
86
128
-
-
total
86
128
-
-
Dividends
489
722
-
-
withholding
73
108
-
-
total
73
108
-
-
Income
850
850
850
850
Total tax
280
236
405
406
After tax
570
614
445
444
Living cost
154
154
154
154
Free-cash
416
460
291
290

Estimated living cost  is £154 per week

£104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£34
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
£40
£83
-£236
£31
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
-
-
-
850
regional
-
-
-
30
national
-
-
-
6
health
-
-
-
2
city
-
-
-
9
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.

-
-
-
17
pensions
-
-
-
78
total
-
-
-
142
Employee
732
-
761
-
regional
24
-
26
-
city
8
-
8
-
health
2
-
2
-
unemployment
-
-
-
-
national
3
-
4
-
pensions
61
-
64
-
total
98
-
104
-
Employer
732
-
761
-
unemployment
-
-
-
-
pensions
61
-
64
-
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
-
15
-
health
2
-
2
-
total
78
-
81
-
Corporate
32
850
-
-
regional
7
180
-
-
national
3
72
-
-
total
10
252
-
-
Dividends
23
598
-
-
withholding
8
209
-
-
total
8
209
-
-
Income
850
850
850
850
Total tax
194
461
185
142
After tax
656
389
665
708
Living cost
625
625
625
625
Free-cash
31
-236
40
83

Estimated living cost  is £625 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
£144
£265
£224
£200
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

-
-
-
850
municipal
-
-
-
151
national
-
-
-
81
health
-
-
-
9
total
-
-
-
241
Employee
471
-
715
-
health
4
-
7
-
unemployment
7
-
11
-
national
8
-
43
-
municipal
77
-
117
-
pensions
32
-
48
-
total
128
-
226
-
Employer
471
-
715
-
unemployment
3
-
5
-
pensions
82
-
124
-
accident
-
-
1
-
health
4
-
6
-
total
89
-
136
-
Corporate
290
850
-
-
income
58
170
-
-
total
58
170
-
-
Dividends

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

174
510
-
-
national
-
20
-
-
municipal
31
92
-
-
total
31
112
-
-
Income
850
850
850
850
Total tax
306
282
362
241
After tax
544
568
488
609
Living cost
344
344
344
344
Free-cash
200
224
144
265

Estimated living cost  is £344 per week

£225
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£33
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£81
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
£7
£78
£150
£16
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
-
-
-
850
national
-
-
-
272
social contributions
-
-
-
130
communal

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

-
-
-
43
total
-
-
-
445
Employee

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

641
-
658
-
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
-
31
-
communal

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

33
-
34
-
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
-
6
-
national
197
-
204
-
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
-
49
-
total
314
-
324
-
Employer

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

641
-
658
-
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
-
10
-
pensions

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

57
-
58
-
surtax
73
-
75
-
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
-
9
-
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
-
40
-
total
186
-
192
-
Corporate
23
850
-
-
income
5
170
-
-
surtax
-
3
-
-
total
5
173
-
-
Dividends
18
677
-
-
withholding

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

2
200
-
-
total
2
200
-
-
Income
850
850
850
850
Total tax
507
373
516
445
After tax
343
477
334
405
Living cost
327
327
327
327
Free-cash
16
150
7
78

Estimated living cost  is £327 per week

£210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£29
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£83
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
£84
£61
£94
£86
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
-
-
-
850
municipal
-
-
-
183
national
-
-
-
-
health
-
-
-
51
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
88
other
-
-
-
94
total
-
-
-
419
Employee
527
-
647
-
national
-
-
-
-
municipal
157
-
193
-
total
157
-
193
-
Employer
527
-
647
-
unemployment
14
-
17
-
pensions
57
-
70
-
other
61
-
75
-
accident
1
-
1
-
health
32
-
40
-
total
165
-
203
-
Corporate
157
850
-
-
income
35
187
-
-
total
35
187
-
-
Dividends
123
663
-
-
withholding
37
199
-
-
total
37
199
-
-
Income
850
850
850
850
Total tax
394
386
396
419
After tax
456
464
454
431
Living cost
370
370
370
370
Free-cash
86
94
84
61

Estimated living cost  is £370 per week

£245
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.
£83
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
£316
£178
£108
-£563
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
-
-
-
850
income
-
-
-
166
social contributions
-
-
-
97
total
-
-
-
263
Employee
587
-
-
-
income
129
-
-
-
social contributions
48
-
7
-
total
177
-
7
-
Employer
587
-
-
-
social contributions
827
-
118
-
total
827
-
118
-
Corporate
-
850
-
-
income
-
187
-
-
total
-
187
-
-
Dividends
-
663
-
-
income
-
146
-
-
total
-
146
-
-
Income
850
850
850
850
Total tax
1 004
333
125
263
After tax
-154
517
725
587
Living cost
409
409
409
409
Free-cash
-563
108
316
178

Estimated living cost  is £409 per week

£266
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.
£100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
£318
£318
£331
£296
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
-
-
-
850
income
-
-
-
86
social contributions
-
-
-
133
health
-
-
-
22
total
-
-
-
241
Employee
689
689
772
-
income
72
64
86
-
social contributions
33
57
64
-
health
7
12
13
-
total
112
133
163
-
Employer
689
689
772
-
social contributions
33
57
64
-
health
7
13
14
-
total
40
70
78
-
Corporate
406
91
-
-
income
51
11
-
-
total
51
11
-
-
Dividends
355
80
-
-
withholding
60
14
-
-
total
60
14
-
-
Income
850
850
850
850
Total tax
263
228
241
241
After tax
587
622
609
609
Living cost
291
291
291
291
Free-cash
296
331
318
318

Estimated living cost  is £291 per week

£199
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
£210
£293
£306
£264
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
-
-
-
850
income
-
-
-
171
pensions
-
-
-
62
total
-
-
-
233
Employee
445
-
749
-
income
81
-
133
-
health
6
-
12
-
pensions
34
-
70
-
total
121
-
215
-
Employer
445
-
749
-
pensions
45
-
87
-
health
8
-
14
-
total
53
-
101
-
Corporate
351
850
-
-
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.

67
162
-
-
total
67
162
-
-
Dividends
285
688
-
-
withholding
21
58
-
-
total
21
58
-
-
Income
850
850
850
850
Total tax
262
220
316
233
After tax
588
630
534
617
Living cost
324
324
324
324
Free-cash
264
306
210
293

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
£35
£74
£91
£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
-
-
-
850
municipal
-
-
-
6
regional
-
-
-
17
national
-
-
-
177
social contributions
-
-
-
219
total
-
-
-
419
Employee
755
-
850
-
regional
11
-
14
-
social contributions
255
-
287
-
national
128
-
152
-
municipal
5
-
5
-
total
399
-
458
-
Employer
755
-
850
-
total
-
-
-
-
Corporate
95
850
-
-
nationa
23
204
-
-
municipal
5
41
-
-
total
28
245
-
-
Dividends
68
605
-
-
withholding
18
157
-
-
total
18
157
-
-
Income
850
850
850
850
Total tax
445
402
458
419
After tax
405
448
392
431
Living cost
357
357
357
357
Free-cash
48
91
35
74

Estimated living cost  is £357 per week

£251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£76
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
£252
£397
-£118
£41
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
-
-
-
850
income
-
-
-
207
health
-
-
-
19
accident
-
-
-
2
pensions
-
-
-
35
other
-
-
-
3
total
-
-
-
266
Employee
294
-
726
-
income
40
-
139
-
health
34
-
83
-
pensions
33
-
65
-
total
107
-
287
-
Employer
294
-
726
-
unemployment
7
-
18
-
pensions
48
-
94
-
accident
5
-
12
-
total
60
-
124
-
Corporate
496
850
-
-
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.

446
765
-
-
total
446
765
-
-
Dividends
50
85
-
-
withholding
9
16
-
-
total
9
16
-
-
Income
850
850
850
850
Total tax
622
781
411
266
After tax
228
69
439
584
Living cost
187
187
187
187
Free-cash
41
-118
252
397

Estimated living cost  is £187 per week

£137
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.
£36
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
£265
£203
£93
£209
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.

-
-
-
850
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.

-
-
-
169
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
-
-
-
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.

-
-
-
9
total
-
-
-
301
Employee

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

446
-
850
-
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
-
169
-
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
-
9
-
total
100
-
239
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
404
850
-
-
chamber of commerce
2
3
-
-
income
61
127
-
-
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.

3
7
-
-
trade
58
122
-
-
total
124
259
-
-
Dividends
280
591
-
-
withholding
67
144
-
-
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
8
-
-
total
71
152
-
-
Income
850
850
850
850
Total tax
295
411
239
301
After tax
555
439
611
549
Living cost
346
346
346
346
Free-cash
209
93
265
203

Estimated living cost  is £346 per week

£239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£37
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£65
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Riga , Latvia
£294
£269
£494
£420
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.

-
-
-
850
microenterprise
-
-
-
-
income
-
-
-
122
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.

-
-
-
273
surtax
-
-
-
-
total
-
-
-
395
Employee
262
-
685
-
income
47
-
130
-
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
-
75
-
surtax
-
-
-
-
total
76
-
205
-
Employer
262
-
685
-
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
-
165
-
surtax
-
-
-
-
total
63
-
165
-
Corporate
525
850
-
-
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%.

105
170
-
-
total
105
170
-
-
Dividends

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

420
680
-
-
total
-
-
-
-
Income
850
850
850
850
Total tax
244
170
370
395
After tax
606
680
480
455
Living cost
186
186
186
186
Free-cash
420
494
294
269

Estimated living cost  is £186 per week

£119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£45
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
£362
£368
£414
£395
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
-
-
-
850
income
-
-
-
220
health
-
-
-
61
pensions
-
-
-
85
total
-
-
-
366
Employee
177
-
755
-
income
34
-
215
-
health
9
-
21
-
unemployment
2
-
4
-
pensions
16
-
38
-
total
61
-
278
-
Employer
177
-
755
-
unemployment
4
-
8
-
pensions
19
-
46
-
health
17
-
40
-
total
40
-
94
-
Corporate
634
850
-
-
income
139
187
-
-
total
139
187
-
-
Dividends
494
663
-
-
withholding
99
133
-
-
total
99
133
-
-
Income
850
850
850
850
Total tax
339
320
372
366
After tax
511
530
478
484
Living cost
116
116
116
116
Free-cash
395
414
362
368

Estimated living cost  is £116 per week

£69
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£9
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£35
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
£224
£242
£334
£304
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
-
-
-
850
income
-
-
-
157
health
-
-
-
60
unemployment
-
-
-
2
surtax
-
-
-
18
pensions
-
-
-
170
other
-
-
-
-
total
-
-
-
407
Employee
302
-
702
-
other
-
-
-
-
income
51
-
146
-
health
8
-
18
-
unemployment
21
-
49
-
surtax
1
-
17
-
pensions
20
-
47
-
total
101
-
277
-
Employer
302
-
702
-
unemployment
10
-
22
-
pensions
40
-
94
-
other
-
-
-
-
health
14
-
32
-
total
64
-
148
-
Corporate
485
850
-
-
income
126
221
-
-
total
126
221
-
-
Dividends
359
629
-
-
withholding
54
94
-
-
total
54
94
-
-
Income
850
850
850
850
Total tax
345
315
425
407
After tax
505
535
425
443
Living cost
201
201
201
201
Free-cash
304
334
224
242

Estimated living cost  is £201 per week

£121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
-£25
£151
£191
£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
-
-
-
850
income
-
-
-
133
chamber of commerce
-
-
-
3
health
-
-
-
65
unemployment
-
-
-
55
surtax
-
-
-
-
pensions
-
-
-
157
total
-
-
-
413
Employee
392
357
660
-
other
4
4
7
-
income
35
26
120
-
health
15
14
26
-
unemployment
12
11
20
-
pensions
40
37
68
-
total
106
92
241
-
Employer
392
357
660
-
unemployment
12
11
20
-
chamber of commerce
2
1
3
-
pensions
49
45
83
-
payroll
12
11
20
-
other
19
17
31
-
surtax
-
-
-
-
accident
5
5
9
-