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
£ 900
per

Your estimated
City
free-cash

Valencia , Spain
£311
£227
£234
£358
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
-
-
-
900
unemployment
-
-
-
6
income
-
-
-
166
other
-
-
-
1
accident
-
-
-
8
pensions
-
-
-
237
total
-
-
-
418
Employee
334
-
682
-
unemployment
5
-
11
-
pensions
16
-
32
-
income
64
-
163
-
other
-
-
1
-
total
85
-
207
-
Employer
334
-
682
-
pensions
79
-
161
-
accident
7
-
14
-
unemployment
18
-
38
-
other
3
-
5
-
total
107
-
218
-
Corporate
459
900
-
-
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.

69
135
-
-
total
69
135
-
-
Dividends
391
765
-
-
withholding
80
159
-
-
total
80
159
-
-
Income
900
900
900
900
Total tax
341
294
425
418
After tax
559
606
475
482
Living cost
248
248
248
248
Free-cash
311
358
227
234

Estimated living cost  is £248 per week

£168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£24
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£53
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
£359
£286
£246
£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
-
-
-
900
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.

-
-
-
216
income
-
-
-
114
other
-
-
-
43
health
-
-
-
40
total
-
-
-
413
Employee
328
-
719
-
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
-
50
-
income
56
-
125
-
total
87
-
192
-
Employer
328
-
719
-
health
5
-
10
-
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
-
122
-
accident
3
-
6
-
unemployment
3
-
7
-
other
16
-
36
-
total
83
-
181
-
Corporate
489
900
-
-
income
103
189
-
-
total
103
189
-
-
Dividends
387
711
-
-
withholding
27
50
-
-
total
27
50
-
-
Income
900
900
900
900
Total tax
300
239
373
413
After tax
600
661
527
487
Living cost
241
241
241
241
Free-cash
359
420
286
246

Estimated living cost  is £241 per week

£170
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
£609
£590
£563
£652
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
-
-
-
900
pensions

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

-
-
-
47
unemployment
-
-
-
1
income
-
-
-
135
health
-
-
-
36
total
-
-
-
219
Employee
157
-
838
-
health
7
-
15
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
pensions

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

14
-
28
-
income
16
-
84
-
total
39
-
130
-
Employer
157
-
838
-
health
11
-
22
-
pensions

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

17
-
35
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
unemployment
1
-
2
-
total
31
-
62
-
Corporate
712
900
-
-
income
71
90
-
-
total
71
90
-
-
Dividends
641
810
-
-
withholding
32
40
-
-
total
32
40
-
-
Income
900
900
900
900
Total tax
173
130
192
219
After tax
727
770
708
681
Living cost
118
118
118
118
Free-cash
609
652
590
563

Estimated living cost  is £118 per week

£69
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£8
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£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
£197
£198
£210
£145
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
-
-
-
900
income
-
-
-
85
other
-
-
-
28
health
-
-
-
16
social contributions
-
-
-
26
pensions
-
-
-
226
surtax
-
-
-
-
total
-
-
-
381
Employee
387
-
686
-
pensions
44
-
78
-
income
23
-
80
-
social contributions
11
-
20
-
surtax
-
-
-
-
total
78
-
178
-
Employer
387
-
686
-
health
27
-
48
-
social contributions
1
-
2
-
pensions
64
-
113
-
unemployment
16
-
28
-
other
13
-
24
-
total
121
-
215
-
Corporate
393
900
-
-
income
110
252
-
-
surtax
-
-
-
-
total
110
252
-
-
Dividends
283
648
-
-
social contributions
49
111
-
-
surtax
-
-
-
-
withholding
36
83
-
-
total
85
194
-
-
Income
900
900
900
900
Total tax
394
446
393
381
After tax
506
454
507
519
Living cost
309
309
309
309
Free-cash
197
145
198
210

Estimated living cost  is £309 per week

£195
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£84
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
£2
£3
£133
£53
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
900
pensions
-
-
-
106
income
-
-
-
175
health
-
-
-
108
total
-
-
-
389
Employee
772
772
772
-
health
118
101
118
-
pensions
139
106
139
-
income

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

126
126
126
-
total
383
333
383
-
Employer
772
772
772
-
health
54
54
54
-
pensions
54
54
54
-
unemployment
28
28
28
-
total
136
136
136
-
Corporate
3
-
-
-
income
1
-
-
-
total
1
-
-
-
Dividends
2
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
900
900
900
900
Total tax
520
469
519
389
After tax
380
431
381
511
Living cost
378
378
378
378
Free-cash
2
53
3
133

Estimated living cost  is £378 per week

£268
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
£280
£367
£291
£181
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.

-
-
-
900
trade
-
-
-
76
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.

-
-
-
187
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.

-
-
-
10
total
-
-
-
335
Employee

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

346
-
900
-
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
-
187
-
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
-
10
-
total
73
-
259
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
554
900
-
-
income
83
135
-
-
trade
87
142
-
-
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
7
-
-
chamber of commerce
2
3
-
-
total
177
287
-
-
Dividends
377
613
-
-
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
-
-
withholding
91
150
-
-
total
96
158
-
-
Income
900
900
900
900
Total tax
346
445
259
335
After tax
554
455
641
565
Living cost
274
274
274
274
Free-cash
280
181
367
291

Estimated living cost  is £274 per week

£172
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
£401
£429
£430
£449
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
-
-
-
900
income
-
-
-
98
health
-
-
-
23
social contributions
-
-
-
140
total
-
-
-
261
Employee
695
695
817
-
health
5
12
14
-
income
76
64
97
-
social contributions
26
58
68
-
total
107
134
179
-
Employer
695
695
817
-
health
6
13
15
-
social contributions
26
58
68
-
total
32
71
83
-
Corporate
551
135
-
-
income
69
17
-
-
total
69
17
-
-
Dividends
483
118
-
-
withholding
82
20
-
-
total
82
20
-
-
Income
900
900
900
900
Total tax
290
242
262
261
After tax
610
658
638
639
Living cost
209
209
209
209
Free-cash
401
449
429
430

Estimated living cost  is £209 per week

£125
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
£220
£175
£220
£229
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.

-
-
-
900
income
-
-
-
84
social contributions

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

-
-
-
313
surtax
-
-
-
-
total
-
-
-
397
Employee
416
-
727
-
income
86
-
189
-
social contributions
46
-
80
-
surtax
-
-
-
-
total
132
-
269
-
Employer
416
-
727
-
social contributions
99
-
173
-
total
99
-
173
-
Corporate
386
900
-
-
income
81
189
-
-
surtax
-
-
-
-
total
81
189
-
-
Dividends
305
711
-
-
withholding
85
199
-
-
total
85
199
-
-
Income
900
900
900
900
Total tax
397
388
442
397
After tax
503
512
458
503
Living cost
283
283
283
283
Free-cash
220
229
175
220

Estimated living cost  is £283 per week

£212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£50
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
£771
£650
£821
£785
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%.

-
-
-
900
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
88
-
900
-
income
18
-
180
-
total
18
-
180
-
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%.

812
900
-
-
total
-
-
-
-
Dividends
812
900
-
-
withholding
41
45
-
-
total
41
45
-
-
Income
900
900
900
900
Total tax
59
45
180
9
After tax
841
855
720
891
Living cost
70
70
70
70
Free-cash
771
785
650
821

Estimated living cost  is £70 per week

£43
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.
£19
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
£302
£198
£224
£378
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.

-
-
-
900
pensions
-
-
-
164
unemployment
-
-
-
1
income
-
-
-
180
health
-
-
-
89
total
-
-
-
434
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.

400
-
779
-
health
26
-
50
-
unemployment
1
-
1
-
pensions
62
-
121
-
income
69
-
167
-
total
158
-
339
-
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.

400
-
779
-
health
27
-
52
-
pensions
35
-
69
-
unemployment
-
-
-
-
total
62
-
121
-
Corporate
438
900
-
-
income
83
171
-
-
total
83
171
-
-
Dividends
355
729
-
-
withholding
53
109
-
-
total
53
109
-
-
Income
900
900
900
900
Total tax
356
280
460
434
After tax
544
620
440
466
Living cost
242
242
242
242
Free-cash
302
378
198
224

Estimated living cost  is £242 per week

£166
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
£245
£332
£258
£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

We use The Residence Programme or The Global Residence Programme.

-
-
-
900
income
-
-
-
257
health

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

-
-
-
57
total
-
-
-
314
Employee
414
-
858
-
social contributions
42
-
42
-
income
45
-
156
-
total
87
-
198
-
Employer
414
-
858
-
social contributions
42
-
42
-
total
42
-
42
-
Corporate
444
900
-
-
income
155
315
-
-
total
155
315
-
-
Dividends
289
585
-
-
social contributions
43
48
-
-
total
43
48
-
-
Income
900
900
900
900
Total tax
327
363
240
314
After tax
573
537
660
586
Living cost
328
328
328
328
Free-cash
245
209
332
258

Estimated living cost  is £328 per week

£216
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£26
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£81
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
£362
£388
£386
£357
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
-
-
-
900
income
-
-
-
135
health
-
-
-
63
social contributions
-
-
-
124
total
-
-
-
322
Employee
306
-
900
-
health
21
-
63
-
income
51
-
133
-
social contributions
42
-
124
-
total
114
-
320
-
Employer
306
-
900
-
total
-
-
-
-
Corporate
594
900
-
-
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%.

30
45
-
-
total
30
45
-
-
Dividends
564
855
-
-
social contributions
78
118
-
-
withholding
85
128
-
-
health
39
60
-
-
total
202
306
-
-
Income
900
900
900
900
Total tax
346
351
320
322
After tax
554
549
580
578
Living cost
192
192
192
192
Free-cash
362
357
388
386

Estimated living cost  is £192 per week

£128
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
£277
£203
£185
£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
-
-
-
900
income
-
-
-
77
health
-
-
-
122
social contributions
-
-
-
263
solidarity contribution
-
-
-
-
total
-
-
-
462
Employee
372
-
672
-
health
50
-
91
-
solidarity contribution
-
-
-
-
income
45
-
81
-
social contributions
24
-
44
-
total
119
-
216
-
Employer
372
-
672
-
health
33
-
60
-
social contributions
93
-
168
-
total
126
-
228
-
Corporate
402
900
-
-
income
76
171
-
-
total
76
171
-
-
Dividends
325
729
-
-
withholding
49
109
-
-
total
49
109
-
-
Income
900
900
900
900
Total tax
370
280
444
462
After tax
530
620
456
438
Living cost
253
253
253
253
Free-cash
277
367
203
185

Estimated living cost  is £253 per week

£188
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.
£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
Tbilisi , Georgia
£726
£611
£782
£746
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%.

-
-
-
900
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
136
-
900
-
income
27
-
180
-
total
27
-
180
-
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%.

764
900
-
-
total
-
-
-
-
Dividends
764
900
-
-
withholding
38
45
-
-
total
38
45
-
-
Income
900
900
900
900
Total tax
65
45
180
9
After tax
835
855
720
891
Living cost
109
109
109
109
Free-cash
726
746
611
782

Estimated living cost  is £109 per week

£74
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.
£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.
£27
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
£79
£71
£83
£18
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
-
-
-
900
income
-
-
-
85
other
-
-
-
28
health
-
-
-
16
social contributions
-
-
-
26
pensions
-
-
-
226
surtax
-
-
-
-
total
-
-
-
381
Employee
566
-
686
-
pensions
64
-
78
-
income
49
-
80
-
social contributions
16
-
20
-
surtax
-
-
-
-
total
129
-
178
-
Employer
566
-
686
-
health
40
-
48
-
social contributions
2
-
2
-
pensions
93
-
113
-
unemployment
23
-
28
-
other
20
-
24
-
total
178
-
215
-
Corporate
157
900
-
-
income
44
252
-
-
surtax
-
-
-
-
total
44
252
-
-
Dividends
113
648
-
-
social contributions
19
111
-
-
surtax
-
-
-
-
withholding
15
83
-
-
total
34
194
-
-
Income
900
900
900
900
Total tax
385
446
393
381
After tax
515
454
507
519
Living cost
436
436
436
436
Free-cash
79
18
71
83

Estimated living cost  is £436 per week

£295
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.
£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
£451
£321
£320
£494
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.

-
-
-
900
pensions
-
-
-
173
unemployment
-
-
-
10
income
-
-
-
172
health
-
-
-
69
total
-
-
-
424
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.

235
-
781
-
health
12
-
34
-
unemployment
2
-
5
-
pensions
33
-
93
-
income
32
-
172
-
total
79
-
304
-
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.

235
-
781
-
health
12
-
34
-
pensions
28
-
80
-
unemployment
2
-
5
-
total
42
-
119
-
Corporate
623
900
-
-
income
93
135
-
-
total
93
135
-
-
Dividends
530
765
-
-
withholding
79
115
-
-
total
79
115
-
-
Income
900
900
900
900
Total tax
293
250
423
424
After tax
607
650
477
476
Living cost
156
156
156
156
Free-cash
451
494
321
320

Estimated living cost  is £156 per week

£105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£34
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
£61
£87
£133
-£203
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
-
-
-
900
pensions
-
-
-
83
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.

-
-
-
18
health
-
-
-
2
regional
-
-
-
34
national
-
-
-
7
total
-
-
-
153
Employee
719
-
806
-
health
2
-
2
-
unemployment
-
-
-
-
city
8
-
9
-
pensions
60
-
68
-
regional
24
-
29
-
national
3
-
5
-
total
97
-
113
-
Employer
719
-
806
-
health
2
-
2
-
pensions
60
-
68
-
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.

14
-
16
-
total
76
-
86
-
Corporate
97
900
-
-
regional
20
190
-
-
national
8
77
-
-
total
28
267
-
-
Dividends
68
633
-
-
withholding
24
222
-
-
total
24
222
-
-
Income
900
900
900
900
Total tax
225
489
199
153
After tax
675
411
701
747
Living cost
614
614
614
614
Free-cash
61
-203
87
133

Estimated living cost  is £614 per week

£399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£55
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.
£152
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
£232
£167
£293
£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

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

-
-
-
900
municipal
-
-
-
160
health
-
-
-
10
national
-
-
-
90
total
-
-
-
260
Employee
475
-
757
-
health
4
-
8
-
unemployment
7
-
11
-
pensions
32
-
51
-
national
8
-
49
-
municipal
78
-
124
-
total
129
-
243
-
Employer
475
-
757
-
health
4
-
6
-
pensions
82
-
131
-
accident
-
-
1
-
unemployment
3
-
5
-
total
89
-
143
-
Corporate
335
900
-
-
income
67
180
-
-
total
67
180
-
-
Dividends

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

201
540
-
-
municipal
36
97
-
-
national
-
24
-
-
total
36
121
-
-
Income
900
900
900
900
Total tax
321
301
386
260
After tax
579
599
514
640
Living cost
347
347
347
347
Free-cash
232
252
167
293

Estimated living cost  is £347 per week

£227
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.
£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.
£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
£42
£22
£94
£175
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
-
-
-
900
communal

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

-
-
-
46
social contributions
-
-
-
140
national
-
-
-
291
total
-
-
-
477
Employee

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

646
-
697
-
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
-
33
-
communal

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

34
-
36
-
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
-
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
-
52
-
national
199
-
219
-
total
317
-
346
-
Employer

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

646
-
697
-
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
-
43
-
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
-
62
-
surtax
73
-
79
-
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
-
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
-
total
187
-
203
-
Corporate
66
900
-
-
income
13
180
-
-
surtax
-
4
-
-
total
13
184
-
-
Dividends
52
716
-
-
withholding

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

12
212
-
-
total
12
212
-
-
Income
900
900
900
900
Total tax
529
396
549
477
After tax
371
504
351
423
Living cost
329
329
329
329
Free-cash
42
175
22
94

Estimated living cost  is £329 per week

£212
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
£91
£89
£64
£99
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
-
-
-
900
unemployment
-
-
-
1
municipal
-
-
-
194
other
-
-
-
100
health
-
-
-
54
national
-
-
-
-
accident
-
-
-
2
pensions
-
-
-
93
total
-
-
-
444
Employee
558
-
685
-
national
-
-
-
-
municipal
166
-
204
-
total
166
-
204
-
Employer
558
-
685
-
health
34
-
42
-
pensions
60
-
74
-
accident
1
-
1
-
unemployment
15
-
18
-
other
65
-
80
-
total
175
-
215
-
Corporate
166
900
-
-
income
37
198
-
-
total
37
198
-
-
Dividends
130
702
-
-
withholding
39
211
-
-
total
39
211
-
-
Income
900
900
900
900
Total tax
417
409
419
444
After tax
483
491
481
456
Living cost
392
392
392
392
Free-cash
91
99
89
64

Estimated living cost  is £392 per week

£260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£38
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£88
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
-£606
£331
£186
£112
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
-
-
-
900
income
-
-
-
175
social contributions
-
-
-
103
total
-
-
-
278
Employee
625
-
-
-
income
138
-
-
-
social contributions
51
-
7
-
total
189
-
7
-
Employer
625
-
-
-
social contributions
881
-
126
-
total
881
-
126
-
Corporate
-
900
-
-
income
-
198
-
-
total
-
198
-
-
Dividends
-
702
-
-
income
-
154
-
-
total
-
154
-
-
Income
900
900
900
900
Total tax
1 070
352
133
278
After tax
-170
548
767
622
Living cost
436
436
436
436
Free-cash
-606
112
331
186

Estimated living cost  is £436 per week

£283
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.
£107
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
£327
£345
£346
£365
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
-
-
-
900
income
-
-
-
98
health
-
-
-
23
social contributions
-
-
-
140
total
-
-
-
261
Employee
695
695
817
-
health
7
12
14
-
income
73
64
97
-
social contributions
34
58
68
-
total
114
134
179
-
Employer
695
695
817
-
health
8
13
15
-
social contributions
34
58
68
-
total
42
71
83
-
Corporate
452
135
-
-
income
57
17
-
-
total
57
17
-
-
Dividends
396
118
-
-
withholding
67
20
-
-
total
67
20
-
-
Income
900
900
900
900
Total tax
280
242
262
261
After tax
620
658
638
639
Living cost
293
293
293
293
Free-cash
327
365
345
346

Estimated living cost  is £293 per week

£200
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£23
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£65
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
£302
£238
£321
£334
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
-
-
-
900
income
-
-
-
189
pensions
-
-
-
66
total
-
-
-
255
Employee
445
-
792
-
health
6
-
13
-
pensions
34
-
76
-
income
81
-
141
-
total
121
-
230
-
Employer
445
-
792
-
health
8
-
15
-
pensions
45
-
93
-
total
53
-
108
-
Corporate
401
900
-
-
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.

76
171
-
-
total
76
171
-
-
Dividends
325
729
-
-
withholding
24
71
-
-
total
24
71
-
-
Income
900
900
900
900
Total tax
274
242
338
255
After tax
626
658
562
645
Living cost
324
324
324
324
Free-cash
302
334
238
321

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
£72
£53
£94
£114
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
900
municipal
-
-
-
6
regional
-
-
-
18
social contributions
-
-
-
231
national
-
-
-
191
total
-
-
-
446
Employee
761
-
900
-
social contributions
257
-
303
-
regional
11
-
15
-
national
129
-
164
-
municipal
5
-
5
-
total
402
-
487
-
Employer
761
-
900
-
total
-
-
-
-
Corporate
139
900
-
-
nationa
33
216
-
-
municipal
7
43
-
-
total
40
259
-
-
Dividends
99
641
-
-
withholding
26
167
-
-
total
26
167
-
-
Income
900
900
900
900
Total tax
468
426
487
446
After tax
432
474
413
454
Living cost
360
360
360
360
Free-cash
72
114
53
94

Estimated living cost  is £360 per week

£253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£77
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
£44
£273
£425
-£120
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
-
-
-
900
pensions
-
-
-
37
income
-
-
-
221
other
-
-
-
3
health
-
-
-
19
accident
-
-
-
2
total
-
-
-
282
Employee
304
-
772
-
health
35
-
88
-
pensions
34
-
67
-
income
42
-
150
-
total
111
-
305
-
Employer
304
-
772
-
pensions
49
-
97
-
accident
5
-
13
-
unemployment
7
-
19
-
total
61
-
129
-
Corporate
535
900
-
-
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.

481
810
-
-
total
481
810
-
-
Dividends
53
90
-
-
withholding
10
17
-
-
total
10
17
-
-
Income
900
900
900
900
Total tax
663
827
434
282
After tax
237
73
466
618
Living cost
193
193
193
193
Free-cash
44
-120
273
425

Estimated living cost  is £193 per week

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

Additional information

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

Berlin , Germany
£232
£292
£223
£116
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
900
trade
-
-
-
69
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.

-
-
-
187
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.

-
-
-
10
total
-
-
-
328
Employee

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

450
-
900
-
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
-
187
-
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
-
10
-
total
101
-
259
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
450
900
-
-
income
68
135
-
-
trade
65
129
-
-
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
-
-
chamber of commerce
2
3
-
-
total
139
274
-
-
Dividends
313
626
-
-
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
-
-
withholding
75
153
-
-
total
79
161
-
-
Income
900
900
900
900
Total tax
319
435
259
328
After tax
581
465
641
572
Living cost
349
349
349
349
Free-cash
232
116
292
223

Estimated living cost  is £349 per week

£241
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
£458
£319
£293
£532
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.

-
-
-
900
income
-
-
-
130
microenterprise
-
-
-
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

-
-
-
289
surtax
-
-
-
-
total
-
-
-
419
Employee
264
-
725
-
income
47
-
138
-
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
-
80
-
surtax
-
-
-
-
total
76
-
218
-
Employer
264
-
725
-
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
-
175
-
surtax
-
-
-
-
total
64
-
175
-
Corporate
572
900
-
-
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%.

114
180
-
-
total
114
180
-
-
Dividends

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

458
720
-
-
total
-
-
-
-
Income
900
900
900
900
Total tax
254
180
393
419
After tax
646
720
507
481
Living cost
188
188
188
188
Free-cash
458
532
319
293

Estimated living cost  is £188 per week

£120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£46
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
£431
£400
£407
£450
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
-
-
-
900
income
-
-
-
240
health
-
-
-
59
pensions
-
-
-
82
total
-
-
-
381
Employee
171
-
808
-
health
9
-
20
-
unemployment
2
-
4
-
pensions
15
-
37
-
income
33
-
235
-
total
59
-
296
-
Employer
171
-
808
-
health
16
-
39
-
pensions
19
-
45
-
unemployment
3
-
8
-
total
38
-
92
-
Corporate
690
900
-
-
income
152
198
-
-
total
152
198
-
-
Dividends
539
702
-
-
withholding
108
140
-
-
total
108
140
-
-
Income
900
900
900
900
Total tax
357
338
388
381
After tax
543
562
512
519
Living cost
112
112
112
112
Free-cash
431
450
400
407

Estimated living cost  is £112 per week

£67
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£9
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£34
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
£334
£241
£260
£363
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
-
-
-
900
pensions
-
-
-
180
unemployment
-
-
-
2
income
-
-
-
170
other
-
-
-
-
health
-
-
-
64
surtax
-
-
-
21
total
-
-
-
437
Employee
304
-
743
-
health
8
-
19
-
unemployment
21
-
52
-
pensions
20
-
50
-
income
51
-
159
-
other
-
-
-
-
surtax
1
-
19
-
total
101
-
299
-
Employer
304
-
743
-
health
14
-
34
-
pensions
41
-
99
-
unemployment
10
-
24
-
other
-
-
-
-
total
65
-
157
-
Corporate
532
900
-
-
income
138
234
-
-
total
138
234
-
-
Dividends
393
666
-
-
withholding
59
100
-
-
total
59
100
-
-
Income
900
900
900
900
Total tax
363
334
456
437
After tax
537
566
444
463
Living cost
203
203
203
203
Free-cash
334
363
241
260

Estimated living cost  is £203 per week

£123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
£212
-£14
£169
£216
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
-
-
-
900
pensions
-
-
-
167
chamber of commerce
-
-
-
4
unemployment
-
-
-
55
income
-
-
-
148
health
-
-
-
69
surtax
-
-
-
-
total
-
-
-
443
Employee
395
360
699
-
health
15
14
27
-
unemployment
12
11
21
-
pensions
40
37
72
-
income
35
27
132
-
other
4
4
7
-
total
106
93
259
-
Employer
395
360
699
-
health
15
14
26
-
pensions
50
45
88
-
surtax
-
-
-
-
accident
5
5
9
-
unemployment
12
11
21
-
chamber of commerce
2
1
3
-
payroll
12
11
21
-