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
£ 950
per

Your estimated
City
free-cash

Valencia , Spain
£345
£250
£265
£391
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
-
-
-
950
unemployment
-
-
-
6
income
-
-
-
185
other
-
-
-
1
accident
-
-
-
8
pensions
-
-
-
237
total
-
-
-
437
Employee
334
-
720
-
unemployment
5
-
11
-
pensions
16
-
34
-
income
64
-
176
-
other
-
-
1
-
total
85
-
222
-
Employer
334
-
720
-
pensions
79
-
170
-
accident
7
-
14
-
unemployment
18
-
40
-
other
3
-
6
-
total
107
-
230
-
Corporate
509
950
-
-
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.

76
143
-
-
total
76
143
-
-
Dividends
433
807
-
-
withholding
89
168
-
-
total
89
168
-
-
Income
950
950
950
950
Total tax
357
311
452
437
After tax
593
639
498
513
Living cost
248
248
248
248
Free-cash
345
391
250
265

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
£396
£311
£273
£457
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
-
-
-
950
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.

-
-
-
228
income
-
-
-
121
other
-
-
-
45
health
-
-
-
42
total
-
-
-
436
Employee
328
-
759
-
health
5
-
11
-
unemployment
3
-
8
-
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
-
53
-
income
56
-
134
-
total
87
-
206
-
Employer
328
-
759
-
health
5
-
11
-
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
-
129
-
accident
3
-
6
-
unemployment
3
-
8
-
other
16
-
38
-
total
83
-
192
-
Corporate
539
950
-
-
income
113
199
-
-
total
113
199
-
-
Dividends
426
751
-
-
withholding
30
53
-
-
total
30
53
-
-
Income
950
950
950
950
Total tax
313
252
398
436
After tax
637
698
552
514
Living cost
241
241
241
241
Free-cash
396
457
311
273

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
£652
£635
£605
£694
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
-
-
-
950
pensions

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

-
-
-
47
unemployment
-
-
-
1
income
-
-
-
143
health
-
-
-
36
total
-
-
-
227
Employee
157
-
888
-
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
-
89
-
total
39
-
135
-
Employer
157
-
888
-
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
762
950
-
-
income
76
95
-
-
total
76
95
-
-
Dividends
686
855
-
-
withholding
34
43
-
-
total
34
43
-
-
Income
950
950
950
950
Total tax
180
138
197
227
After tax
770
812
753
723
Living cost
118
118
118
118
Free-cash
652
694
635
605

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
£222
£283
£236
£169
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
-
-
-
950
income
-
-
-
97
other
-
-
-
30
health
-
-
-
20
social contributions
-
-
-
27
pensions
-
-
-
231
surtax
-
-
-
-
total
-
-
-
405
Employee
387
-
769
-
pensions
44
-
38
-
income
23
-
117
-
social contributions
11
-
22
-
surtax
-
-
-
-
total
78
-
177
-
Employer
387
-
769
-
health
27
-
54
-
social contributions
1
-
2
-
pensions
64
-
67
-
unemployment
16
-
31
-
other
13
-
27
-
total
121
-
181
-
Corporate
443
950
-
-
income
124
266
-
-
surtax
-
-
-
-
total
124
266
-
-
Dividends
319
684
-
-
social contributions
55
118
-
-
surtax
-
-
-
-
withholding
41
88
-
-
total
96
206
-
-
Income
950
950
950
950
Total tax
419
472
358
405
After tax
531
478
592
545
Living cost
309
309
309
309
Free-cash
222
169
283
236

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
£27
£96
£161
£82
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
950
pensions
-
-
-
106
income
-
-
-
194
health
-
-
-
111
total
-
-
-
411
Employee
772
772
808
-
health
118
101
103
-
pensions
139
106
106
-
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
335
-
Employer
772
772
808
-
health
54
54
56
-
pensions
54
54
56
-
unemployment
28
28
29
-
total
136
136
141
-
Corporate
53
43
-
-
income
11
9
-
-
total
11
9
-
-
Dividends
42
35
-
-
income
9
7
-
-
withholding
6
5
-
-
total
15
12
-
-
Income
950
950
950
950
Total tax
545
490
476
411
After tax
405
460
474
539
Living cost
378
378
378
378
Free-cash
27
82
96
161

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
£306
£396
£313
£205
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.

-
-
-
950
trade
-
-
-
83
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.

-
-
-
207
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.

-
-
-
11
total
-
-
-
363
Employee

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

346
-
950
-
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
-
207
-
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
-
11
-
total
73
-
280
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
604
950
-
-
income
91
143
-
-
trade
95
150
-
-
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
-
-
chamber of commerce
2
3
-
-
total
193
304
-
-
Dividends
411
647
-
-
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
9
-
-
withholding
99
158
-
-
total
104
167
-
-
Income
950
950
950
950
Total tax
370
471
280
363
After tax
580
479
670
587
Living cost
274
274
274
274
Free-cash
306
205
396
313

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
£438
£456
£460
£486
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
-
-
-
950
income
-
-
-
111
health
-
-
-
24
social contributions
-
-
-
146
total
-
-
-
281
Employee
695
695
862
-
health
5
12
15
-
income
76
64
110
-
social contributions
26
58
72
-
total
107
134
197
-
Employer
695
695
862
-
health
6
13
16
-
social contributions
26
58
72
-
total
32
71
88
-
Corporate
601
185
-
-
income
75
23
-
-
total
75
23
-
-
Dividends
526
162
-
-
withholding
89
27
-
-
total
89
27
-
-
Income
950
950
950
950
Total tax
303
255
285
281
After tax
647
695
665
669
Living cost
209
209
209
209
Free-cash
438
486
456
460

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
£248
£196
£246
£258
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.

-
-
-
950
income
-
-
-
91
social contributions

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

-
-
-
330
surtax
-
-
-
-
total
-
-
-
421
Employee
416
-
768
-
income
86
-
205
-
social contributions
46
-
84
-
surtax
-
-
-
-
total
132
-
289
-
Employer
416
-
768
-
social contributions
99
-
182
-
total
99
-
182
-
Corporate
436
950
-
-
income
92
199
-
-
surtax
-
-
-
-
total
92
199
-
-
Dividends
344
751
-
-
withholding
96
210
-
-
total
96
210
-
-
Income
950
950
950
950
Total tax
419
409
471
421
After tax
531
541
479
529
Living cost
283
283
283
283
Free-cash
248
258
196
246

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
£819
£690
£870
£832
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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%.

-
-
-
950
microenterprise

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

-
-
-
10
total
-
-
-
10
Employee
88
-
950
-
income
18
-
190
-
total
18
-
190
-
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%.

862
950
-
-
total
-
-
-
-
Dividends
862
950
-
-
withholding
43
48
-
-
total
43
48
-
-
Income
950
950
950
950
Total tax
61
48
190
10
After tax
889
902
760
940
Living cost
70
70
70
70
Free-cash
819
832
690
870

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
£336
£221
£249
£413
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.

-
-
-
950
pensions
-
-
-
173
unemployment
-
-
-
1
income
-
-
-
192
health
-
-
-
93
total
-
-
-
459
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
-
822
-
health
26
-
53
-
unemployment
1
-
1
-
pensions
62
-
127
-
income
69
-
178
-
total
158
-
359
-
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
-
822
-
health
27
-
55
-
pensions
35
-
73
-
unemployment
-
-
-
-
total
62
-
128
-
Corporate
488
950
-
-
income
93
180
-
-
total
93
180
-
-
Dividends
396
770
-
-
withholding
59
115
-
-
total
59
115
-
-
Income
950
950
950
950
Total tax
372
295
487
459
After tax
578
655
463
491
Living cost
242
242
242
242
Free-cash
336
413
221
249

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
£272
£370
£308
£241
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.

-
-
-
950
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
-
908
-
social contributions
42
-
42
-
income
45
-
168
-
total
87
-
210
-
Employer
414
-
908
-
social contributions
42
-
42
-
total
42
-
42
-
Corporate
494
950
-
-
income
173
333
-
-
total
173
333
-
-
Dividends
321
617
-
-
social contributions
48
48
-
-
total
48
48
-
-
Income
950
950
950
950
Total tax
350
381
252
314
After tax
600
569
698
636
Living cost
328
328
328
328
Free-cash
272
241
370
308

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
£393
£418
£418
£387
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
-
-
-
950
income
-
-
-
143
health
-
-
-
66
social contributions
-
-
-
131
total
-
-
-
340
Employee
306
-
950
-
health
21
-
66
-
income
51
-
143
-
social contributions
42
-
131
-
total
114
-
340
-
Employer
306
-
950
-
total
-
-
-
-
Corporate
644
950
-
-
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%.

32
48
-
-
total
32
48
-
-
Dividends
611
902
-
-
social contributions
84
125
-
-
withholding
92
135
-
-
health
43
63
-
-
total
219
323
-
-
Income
950
950
950
950
Total tax
365
371
340
340
After tax
585
579
610
610
Living cost
192
192
192
192
Free-cash
393
387
418
418

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
£311
£229
£210
£402
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
-
-
-
950
income
-
-
-
82
health
-
-
-
128
social contributions
-
-
-
277
solidarity contribution
-
-
-
-
total
-
-
-
487
Employee
372
-
709
-
health
50
-
96
-
solidarity contribution
-
-
-
-
income
45
-
85
-
social contributions
24
-
46
-
total
119
-
227
-
Employer
372
-
709
-
health
33
-
64
-
social contributions
93
-
177
-
total
126
-
241
-
Corporate
452
950
-
-
income
86
180
-
-
total
86
180
-
-
Dividends
366
770
-
-
withholding
55
115
-
-
total
55
115
-
-
Income
950
950
950
950
Total tax
386
295
468
487
After tax
564
655
482
463
Living cost
253
253
253
253
Free-cash
311
402
229
210

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
£773
£651
£831
£793
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%.

-
-
-
950
microenterprise

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

-
-
-
10
total
-
-
-
10
Employee
136
-
950
-
income
27
-
190
-
total
27
-
190
-
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%.

814
950
-
-
total
-
-
-
-
Dividends
814
950
-
-
withholding
41
48
-
-
total
41
48
-
-
Income
950
950
950
950
Total tax
68
48
190
10
After tax
882
902
760
940
Living cost
109
109
109
109
Free-cash
773
793
651
831

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
£104
£156
£109
£42
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
-
-
-
950
income
-
-
-
97
other
-
-
-
30
health
-
-
-
20
social contributions
-
-
-
27
pensions
-
-
-
231
surtax
-
-
-
-
total
-
-
-
405
Employee
566
-
769
-
pensions
64
-
38
-
income
49
-
117
-
social contributions
16
-
22
-
surtax
-
-
-
-
total
129
-
177
-
Employer
566
-
769
-
health
40
-
54
-
social contributions
2
-
2
-
pensions
93
-
67
-
unemployment
23
-
31
-
other
20
-
27
-
total
178
-
181
-
Corporate
207
950
-
-
income
58
266
-
-
surtax
-
-
-
-
total
58
266
-
-
Dividends
149
684
-
-
social contributions
26
118
-
-
surtax
-
-
-
-
withholding
19
88
-
-
total
45
206
-
-
Income
950
950
950
950
Total tax
410
472
358
405
After tax
540
478
592
545
Living cost
436
436
436
436
Free-cash
104
42
156
109

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
£486
£353
£352
£530
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.

-
-
-
950
pensions
-
-
-
173
unemployment
-
-
-
10
income
-
-
-
190
health
-
-
-
69
total
-
-
-
442
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
-
831
-
health
12
-
34
-
unemployment
2
-
5
-
pensions
33
-
93
-
income
32
-
190
-
total
79
-
322
-
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
-
831
-
health
12
-
34
-
pensions
28
-
80
-
unemployment
2
-
5
-
total
42
-
119
-
Corporate
673
950
-
-
income
101
143
-
-
total
101
143
-
-
Dividends
572
807
-
-
withholding
86
121
-
-
total
86
121
-
-
Income
950
950
950
950
Total tax
308
264
441
442
After tax
642
686
509
508
Living cost
156
156
156
156
Free-cash
486
530
353
352

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
£84
£127
£173
-£180
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
-
-
-
950
pensions
-
-
-
87
city
-
-
-
10
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.

-
-
-
19
health
-
-
-
2
regional
-
-
-
37
national
-
-
-
8
total
-
-
-
163
Employee
719
-
850
-
health
2
-
2
-
unemployment
-
-
-
-
city
8
-
9
-
pensions
60
-
71
-
regional
24
-
31
-
national
3
-
6
-
total
97
-
119
-
Employer
719
-
850
-
health
2
-
2
-
pensions
60
-
71
-
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
-
17
-
total
76
-
90
-
Corporate
147
950
-
-
regional
31
201
-
-
national
12
81
-
-
total
43
282
-
-
Dividends
103
668
-
-
withholding
36
234
-
-
total
36
234
-
-
Income
950
950
950
950
Total tax
252
516
209
163
After tax
698
434
741
787
Living cost
614
614
614
614
Free-cash
84
-180
127
173

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
£266
£191
£322
£281
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

-
-
-
950
municipal
-
-
-
169
health
-
-
-
11
national
-
-
-
101
total
-
-
-
281
Employee
475
-
799
-
health
4
-
9
-
unemployment
7
-
12
-
pensions
32
-
54
-
national
8
-
56
-
municipal
78
-
130
-
total
129
-
261
-
Employer
475
-
799
-
health
4
-
6
-
pensions
82
-
139
-
accident
-
-
1
-
unemployment
3
-
5
-
total
89
-
151
-
Corporate
385
950
-
-
income
77
190
-
-
total
77
190
-
-
Dividends

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

231
570
-
-
municipal
42
103
-
-
national
-
29
-
-
total
42
132
-
-
Income
950
950
950
950
Total tax
337
322
412
281
After tax
613
628
538
669
Living cost
347
347
347
347
Free-cash
266
281
191
322

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
£70
£39
£111
£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
-
-
-
950
communal

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

-
-
-
48
social contributions
-
-
-
151
national
-
-
-
311
total
-
-
-
510
Employee

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

646
-
736
-
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
-
35
-
communal

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

34
-
38
-
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
-
55
-
national
199
-
234
-
total
317
-
368
-
Employer

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

646
-
736
-
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
-
45
-
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
-
65
-
surtax
73
-
83
-
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
-
10
-
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
-
11
-
total
187
-
214
-
Corporate
116
950
-
-
income
23
190
-
-
surtax
-
4
-
-
total
23
194
-
-
Dividends
92
756
-
-
withholding

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

24
224
-
-
total
24
224
-
-
Income
950
950
950
950
Total tax
551
418
582
510
After tax
399
532
368
440
Living cost
329
329
329
329
Free-cash
70
203
39
111

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
£118
£116
£99
£127
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
-
-
-
950
unemployment
-
-
-
1
municipal
-
-
-
209
other
-
-
-
100
health
-
-
-
54
national
-
-
-
-
accident
-
-
-
2
pensions
-
-
-
93
total
-
-
-
459
Employee
558
-
723
-
national
-
-
-
-
municipal
166
-
216
-
total
166
-
216
-
Employer
558
-
723
-
health
34
-
44
-
pensions
60
-
78
-
accident
1
-
1
-
unemployment
15
-
19
-
other
65
-
84
-
total
175
-
226
-
Corporate
216
950
-
-
income
48
209
-
-
total
48
209
-
-
Dividends
169
741
-
-
withholding
51
222
-
-
total
51
222
-
-
Income
950
950
950
950
Total tax
440
431
442
459
After tax
510
519
508
491
Living cost
392
392
392
392
Free-cash
118
127
116
99

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
-£556
£381
£221
£142
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
950
income
-
-
-
185
social contributions
-
-
-
108
total
-
-
-
293
Employee
625
-
-
-
income
138
-
-
-
social contributions
51
-
7
-
total
189
-
7
-
Employer
625
-
-
-
social contributions
881
-
126
-
total
881
-
126
-
Corporate
-
950
-
-
income
-
209
-
-
total
-
209
-
-
Dividends
-
741
-
-
income
-
163
-
-
total
-
163
-
-
Income
950
950
950
950
Total tax
1 070
372
133
293
After tax
-120
578
817
657
Living cost
436
436
436
436
Free-cash
-556
142
381
221

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
£363
£372
£376
£402
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
-
-
-
950
income
-
-
-
111
health
-
-
-
24
social contributions
-
-
-
146
total
-
-
-
281
Employee
695
695
862
-
health
7
12
15
-
income
73
64
110
-
social contributions
34
58
72
-
total
114
134
197
-
Employer
695
695
862
-
health
8
13
16
-
social contributions
34
58
72
-
total
42
71
88
-
Corporate
502
185
-
-
income
63
23
-
-
total
63
23
-
-
Dividends
439
162
-
-
withholding
75
27
-
-
total
75
27
-
-
Income
950
950
950
950
Total tax
294
255
285
281
After tax
656
695
665
669
Living cost
293
293
293
293
Free-cash
363
402
372
376

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
£339
£264
£350
£362
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
-
-
-
950
income
-
-
-
209
pensions
-
-
-
67
total
-
-
-
276
Employee
445
-
835
-
health
6
-
14
-
pensions
34
-
81
-
income
81
-
152
-
total
121
-
247
-
Employer
445
-
835
-
health
8
-
16
-
pensions
45
-
99
-
total
53
-
115
-
Corporate
451
950
-
-
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.

86
180
-
-
total
86
180
-
-
Dividends
366
770
-
-
withholding
27
84
-
-
total
27
84
-
-
Income
950
950
950
950
Total tax
287
264
362
276
After tax
663
686
588
674
Living cost
324
324
324
324
Free-cash
339
362
264
350

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
£99
£72
£116
£140
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
-
-
-
950
municipal
-
-
-
6
regional
-
-
-
19
social contributions
-
-
-
244
national
-
-
-
205
total
-
-
-
474
Employee
761
-
950
-
social contributions
257
-
320
-
regional
11
-
16
-
national
129
-
176
-
municipal
5
-
6
-
total
402
-
518
-
Employer
761
-
950
-
total
-
-
-
-
Corporate
189
950
-
-
nationa
45
228
-
-
municipal
9
46
-
-
total
54
274
-
-
Dividends
134
676
-
-
withholding
35
176
-
-
total
35
176
-
-
Income
950
950
950
950
Total tax
491
450
518
474
After tax
459
500
432
476
Living cost
360
360
360
360
Free-cash
99
140
72
116

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
£48
£301
£459
-£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
-
-
-
950
pensions
-
-
-
37
income
-
-
-
237
other
-
-
-
3
health
-
-
-
19
accident
-
-
-
2
total
-
-
-
298
Employee
304
-
820
-
health
35
-
94
-
pensions
34
-
67
-
income
42
-
164
-
total
111
-
325
-
Employer
304
-
820
-
pensions
49
-
97
-
accident
5
-
14
-
unemployment
7
-
20
-
total
61
-
131
-
Corporate
585
950
-
-
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.

526
855
-
-
total
526
855
-
-
Dividends
58
95
-
-
withholding
11
18
-
-
total
11
18
-
-
Income
950
950
950
950
Total tax
709
873
456
298
After tax
241
77
494
652
Living cost
193
193
193
193
Free-cash
48
-116
301
459

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
£259
£321
£245
£140
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.

-
-
-
950
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.

-
-
-
207
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.

-
-
-
11
total
-
-
-
356
Employee

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

450
-
950
-
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
-
207
-
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
-
11
-
total
101
-
280
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
500
950
-
-
income
75
143
-
-
trade
72
136
-
-
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
-
-
chamber of commerce
2
3
-
-
total
153
290
-
-
Dividends
347
661
-
-
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
9
-
-
withholding
83
162
-
-
total
88
171
-
-
Income
950
950
950
950
Total tax
342
461
280
356
After tax
608
489
670
594
Living cost
349
349
349
349
Free-cash
259
140
321
245

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
£498
£348
£319
£572
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.

-
-
-
950
income
-
-
-
138
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.

-
-
-
305
surtax
-
-
-
-
total
-
-
-
443
Employee
264
-
766
-
income
47
-
146
-
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
-
84
-
surtax
-
-
-
-
total
76
-
230
-
Employer
264
-
766
-
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
-
184
-
surtax
-
-
-
-
total
64
-
184
-
Corporate
622
950
-
-
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%.

124
190
-
-
total
124
190
-
-
Dividends

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

498
760
-
-
total
-
-
-
-
Income
950
950
950
950
Total tax
264
190
414
443
After tax
686
760
536
507
Living cost
188
188
188
188
Free-cash
498
572
348
319

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
£462
£432
£440
£481
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
-
-
-
950
income
-
-
-
257
health
-
-
-
59
pensions
-
-
-
82
total
-
-
-
398
Employee
171
-
858
-
health
9
-
20
-
unemployment
2
-
4
-
pensions
15
-
37
-
income
33
-
253
-
total
59
-
314
-
Employer
171
-
858
-
health
16
-
39
-
pensions
19
-
45
-
unemployment
3
-
8
-
total
38
-
92
-
Corporate
740
950
-
-
income
163
209
-
-
total
163
209
-
-
Dividends
578
741
-
-
withholding
116
148
-
-
total
116
148
-
-
Income
950
950
950
950
Total tax
376
357
406
398
After tax
574
593
544
552
Living cost
112
112
112
112
Free-cash
462
481
432
440

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
£365
£262
£281
£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
-
-
-
950
pensions
-
-
-
190
unemployment
-
-
-
2
income
-
-
-
184
other
-
-
-
-
health
-
-
-
67
surtax
-
-
-
23
total
-
-
-
466
Employee
304
-
785
-
health
8
-
20
-
unemployment
21
-
55
-
pensions
20
-
52
-
income
51
-
171
-
other
-
-
-
-
surtax
1
-
21
-
total
101
-
319
-
Employer
304
-
785
-
health
14
-
36
-
pensions
41
-
105
-
unemployment
10
-
25
-
other
-
-
-
-
total
65
-
166
-
Corporate
582
950
-
-
income
151
247
-
-
total
151
247
-
-
Dividends
430
703
-
-
withholding
65
105
-
-
total
65
105
-
-
Income
950
950
950
950
Total tax
382
352
485
466
After tax
568
598
465
484
Living cost
203
203
203
203
Free-cash
365
395
262
281

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
£240
-£7
£191
£243
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
-
-
-
950
pensions
-
-
-
176
chamber of commerce
-
-
-
4
unemployment
-
-
-
55
income
-
-
-
163
health
-
-
-
73
surtax
-
-
-
-
total
-
-
-
471
Employee
395
360
738
-
health
15
14
29
-
unemployment
12
11
22
-
pensions
40
37
76
-
income
35
27
146
-
other
4
4
7
-
total
106
93
280
-
Employer
395
360
738
-
health
15
14
28
-
pensions
50
45
93
-
surtax
-
-
-
-
accident
5
5
10
-
unemployment
12
11
22
-
chamber of commerce
2
1
3
-
payroll
12
11
22
-