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
$ 1400
per

Your estimated
City
free-cash

Valencia , Spain
$420
$474
$635
$580
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
-
-
-
1 400
income
-
-
-
313
accident
-
-
-
9
unemployment
-
-
-
7
pensions
-
-
-
291
other
-
-
-
1
total
-
-
-
621
Employee
410
-
1 072
-
other
-
-
1
-
income
79
-
282
-
unemployment
6
-
16
-
pensions
19
-
48
-
total
104
-
347
-
Employer
410
-
1 072
-
unemployment
23
-
57
-
pensions
97
-
243
-
other
3
-
8
-
accident
8
-
20
-
total
131
-
328
-
Corporate
859
1 400
-
-
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.

129
210
-
-
total
129
210
-
-
Dividends
730
1 190
-
-
withholding
151
250
-
-
total
151
250
-
-
Income
1 400
1 400
1 400
1 400
Total tax
515
460
675
621
After tax
885
940
725
779
Living cost
305
305
305
305
Free-cash
580
635
420
474

Estimated living cost  is $305 per week

$206
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.
$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
Bratislava , Slovakia
$511
$452
$733
$658
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
-
-
-
1 400
income
-
-
-
187
health
-
-
-
62
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.

-
-
-
336
other
-
-
-
67
total
-
-
-
652
Employee
403
-
1 118
-
income
69
-
206
-
health
6
-
16
-
unemployment
4
-
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.

28
-
78
-
total
107
-
311
-
Employer
403
-
1 118
-
unemployment
4
-
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.

68
-
190
-
other
20
-
56
-
accident
3
-
9
-
health
6
-
16
-
total
101
-
282
-
Corporate
896
1 400
-
-
income
188
294
-
-
total
188
294
-
-
Dividends
708
1 106
-
-
withholding
50
77
-
-
total
50
77
-
-
Income
1 400
1 400
1 400
1 400
Total tax
446
371
593
652
After tax
954
1 029
807
748
Living cost
296
296
296
296
Free-cash
658
733
511
452

Estimated living cost  is $296 per week

$209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$62
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
$991
$941
$1052
$1001
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
-
-
-
1 400
income
-
-
-
210
health
-
-
-
45
unemployment
-
-
-
2
pensions

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

-
-
-
57
total
-
-
-
314
Employee
193
-
1 324
-
income
19
-
132
-
health
9
-
18
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
pensions

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

17
-
34
-
total
47
-
188
-
Employer
193
-
1 324
-
unemployment
1
-
2
-
pensions

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

21
-
43
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
health
13
-
27
-
total
37
-
76
-
Corporate
1 170
1 400
-
-
income
117
140
-
-
total
117
140
-
-
Dividends
1 053
1 260
-
-
withholding
53
63
-
-
total
53
63
-
-
Income
1 400
1 400
1 400
1 400
Total tax
254
203
264
314
After tax
1 146
1 197
1 136
1 086
Living cost
145
145
145
145
Free-cash
1 001
1 052
991
941

Estimated living cost  is $145 per week

$85
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$10
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$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
Nice , France
$453
$419
$326
$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
-
-
-
1 400
income
-
-
-
174
social contributions
-
-
-
40
health
-
-
-
42
surtax
-
-
-
-
pensions
-
-
-
302
other
-
-
-
43
total
-
-
-
601
Employee
475
-
1 115
-
income
28
-
188
-
social contributions
14
-
32
-
surtax
-
-
-
-
pensions
54
-
64
-
total
96
-
284
-
Employer
475
-
1 115
-
unemployment
19
-
45
-
social contributions
1
-
3
-
pensions
78
-
110
-
other
16
-
38
-
health
33
-
87
-
total
147
-
283
-
Corporate
777
1 400
-
-
income
218
392
-
-
surtax
-
-
-
-
total
218
392
-
-
Dividends
559
1 008
-
-
withholding
72
129
-
-
surtax
-
-
-
-
social contributions
96
173
-
-
total
168
302
-
-
Income
1 400
1 400
1 400
1 400
Total tax
629
694
567
601
After tax
771
706
833
799
Living cost
380
380
380
380
Free-cash
391
326
453
419

Estimated living cost  is $380 per week

$239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$31
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$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.
$103
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
$307
$340
$220
$151
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
-
-
-
1 400
income
-
-
-
328
health
-
-
-
137
pensions
-
-
-
130
total
-
-
-
595
Employee
947
947
1 194
-
income

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

155
155
155
-
health
145
124
137
-
pensions
171
130
130
-
total
471
409
422
-
Employer
947
947
1 194
-
unemployment
34
34
42
-
pensions
66
66
82
-
health
66
66
82
-
total
166
166
206
-
Corporate
298
287
-
-
income
60
57
-
-
total
60
57
-
-
Dividends
239
229
-
-
withholding
36
34
-
-
income
51
49
-
-
total
87
83
-
-
Income
1 400
1 400
1 400
1 400
Total tax
784
715
628
595
After tax
616
685
772
805
Living cost
465
465
465
465
Free-cash
151
220
307
340

Estimated living cost  is $465 per week

$329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$42
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
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.
$86
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
$597
$458
$371
$493
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.

-
-
-
1 400
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.

-
-
-
371
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.

-
-
-
76
trade
-
-
-
139
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.

-
-
-
20
total
-
-
-
606
Employee

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

424
-
1 400
-
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.

12
-
371
-
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.

76
-
76
-
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
-
20
-
total
89
-
467
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
976
1 400
-
-
chamber of commerce
3
4
-
-
income
146
210
-
-
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.

8
12
-
-
trade
154
220
-
-
total
311
446
-
-
Dividends
665
954
-
-
withholding
162
234
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

9
13
-
-
total
171
247
-
-
Income
1 400
1 400
1 400
1 400
Total tax
571
693
467
606
After tax
829
707
933
794
Living cost
336
336
336
336
Free-cash
493
371
597
458

Estimated living cost  is $336 per week

$211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$39
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$79
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
$709
$724
$765
$706
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
-
-
-
1 400
income
-
-
-
204
social contributions
-
-
-
179
health
-
-
-
36
total
-
-
-
419
Employee
853
853
1 281
-
income
93
79
198
-
social contributions
32
71
95
-
health
7
15
22
-
total
132
165
315
-
Employer
853
853
1 281
-
social contributions
32
71
95
-
health
7
16
24
-
total
39
87
119
-
Corporate
972
460
-
-
income
121
58
-
-
total
121
58
-
-
Dividends
850
403
-
-
withholding
145
68
-
-
total
145
68
-
-
Income
1 400
1 400
1 400
1 400
Total tax
437
378
434
419
After tax
963
1 022
966
981
Living cost
257
257
257
257
Free-cash
706
765
709
724

Estimated living cost  is $257 per week

$154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$72
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
$331
$420
$448
$438
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.

-
-
-
1 400
income
-
-
-
145
social contributions

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

-
-
-
487
surtax
-
-
-
-
total
-
-
-
632
Employee
510
-
1 131
-
income
106
-
328
-
social contributions
56
-
124
-
surtax
-
-
-
-
total
162
-
452
-
Employer
510
-
1 131
-
social contributions
121
-
269
-
total
121
-
269
-
Corporate
769
1 400
-
-
income
161
294
-
-
surtax
-
-
-
-
total
161
294
-
-
Dividends
607
1 106
-
-
withholding
170
310
-
-
total
170
310
-
-
Income
1 400
1 400
1 400
1 400
Total tax
614
604
721
632
After tax
786
796
679
768
Living cost
348
348
348
348
Free-cash
438
448
331
420

Estimated living cost  is $348 per week

$260
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.
$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.
$61
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
$1040
$1306
$1250
$1235
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%.

-
-
-
1 400
microenterprise

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

-
-
-
14
total
-
-
-
14
Employee
100
-
1 400
-
income
20
-
280
-
total
20
-
280
-
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%.

1 300
1 400
-
-
total
-
-
-
-
Dividends
1 300
1 400
-
-
withholding
65
70
-
-
total
65
70
-
-
Income
1 400
1 400
1 400
1 400
Total tax
85
70
280
14
After tax
1 315
1 330
1 120
1 386
Living cost
80
80
80
80
Free-cash
1 235
1 250
1 040
1 306

Estimated living cost  is $80 per week

$49
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$7
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.
$21
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
$373
$413
$666
$573
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.

-
-
-
1 400
income
-
-
-
293
health
-
-
-
138
unemployment
-
-
-
2
pensions
-
-
-
256
total
-
-
-
689
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.

491
-
1 211
-
income
85
-
272
-
health
32
-
78
-
unemployment
1
-
2
-
pensions
76
-
188
-
total
194
-
540
-
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.

491
-
1 211
-
unemployment
-
-
1
-
pensions
43
-
107
-
health
33
-
81
-
total
76
-
189
-
Corporate
833
1 400
-
-
income
158
266
-
-
total
158
266
-
-
Dividends
675
1 134
-
-
withholding
101
170
-
-
total
101
170
-
-
Income
1 400
1 400
1 400
1 400
Total tax
529
436
729
689
After tax
871
964
671
711
Living cost
298
298
298
298
Free-cash
573
666
373
413

Estimated living cost  is $298 per week

$204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$19
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$69
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
$626
$609
$448
$487
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.

-
-
-
1 400
income
-
-
-
316
health

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

-
-
-
72
total
-
-
-
388
Employee
509
-
1 349
-
social contributions
51
-
51
-
income
55
-
269
-
total
106
-
320
-
Employer
509
-
1 349
-
social contributions
51
-
51
-
total
51
-
51
-
Corporate
840
1 400
-
-
income
294
490
-
-
total
294
490
-
-
Dividends
546
910
-
-
social contributions
59
59
-
-
total
59
59
-
-
Income
1 400
1 400
1 400
1 400
Total tax
510
549
371
388
After tax
890
851
1 029
1 012
Living cost
403
403
403
403
Free-cash
487
448
626
609

Estimated living cost  is $403 per week

$265
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.
$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.
$100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
$651
$664
$618
$625
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
-
-
-
1 400
income
-
-
-
210
social contributions
-
-
-
193
health
-
-
-
98
total
-
-
-
501
Employee
376
-
1 400
-
income
63
-
223
-
social contributions
52
-
193
-
health
26
-
98
-
total
141
-
514
-
Employer
376
-
1 400
-
total
-
-
-
-
Corporate
1 024
1 400
-
-
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%.

51
70
-
-
total
51
70
-
-
Dividends
973
1 330
-
-
withholding
146
200
-
-
health
68
93
-
-
social contributions
134
184
-
-
total
348
477
-
-
Income
1 400
1 400
1 400
1 400
Total tax
540
547
514
501
After tax
860
853
886
899
Living cost
235
235
235
235
Free-cash
625
618
651
664

Estimated living cost  is $235 per week

$157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
$410
$430
$663
$555
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
-
-
-
1 400
income
-
-
-
129
social contributions
-
-
-
351
solidarity contribution
-
-
-
-
health
-
-
-
189
total
-
-
-
669
Employee
442
-
1 045
-
solidarity contribution
-
-
-
-
income
53
-
125
-
social contributions
29
-
68
-
health
60
-
141
-
total
142
-
334
-
Employer
442
-
1 045
-
social contributions
111
-
261
-
health
40
-
94
-
total
151
-
355
-
Corporate
807
1 400
-
-
income
153
266
-
-
total
153
266
-
-
Dividends
654
1 134
-
-
withholding
98
170
-
-
total
98
170
-
-
Income
1 400
1 400
1 400
1 400
Total tax
544
436
689
669
After tax
856
964
711
731
Living cost
301
301
301
301
Free-cash
555
663
410
430

Estimated living cost  is $301 per week

$224
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.
$55
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
$996
$1262
$1206
$1183
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%.

-
-
-
1 400
microenterprise

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

-
-
-
14
total
-
-
-
14
Employee
155
-
1 400
-
income
31
-
280
-
total
31
-
280
-
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%.

1 245
1 400
-
-
total
-
-
-
-
Dividends
1 245
1 400
-
-
withholding
62
70
-
-
total
62
70
-
-
Income
1 400
1 400
1 400
1 400
Total tax
93
70
280
14
After tax
1 307
1 330
1 120
1 386
Living cost
124
124
124
124
Free-cash
1 183
1 206
996
1 262

Estimated living cost  is $124 per week

$84
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.
$31
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
$297
$263
$170
$245
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
-
-
-
1 400
income
-
-
-
174
social contributions
-
-
-
40
health
-
-
-
42
surtax
-
-
-
-
pensions
-
-
-
302
other
-
-
-
43
total
-
-
-
601
Employee
695
-
1 115
-
income
61
-
188
-
social contributions
20
-
32
-
surtax
-
-
-
-
pensions
79
-
64
-
total
160
-
284
-
Employer
695
-
1 115
-
unemployment
28
-
45
-
social contributions
2
-
3
-
pensions
114
-
110
-
other
24
-
38
-
health
49
-
87
-
total
217
-
283
-
Corporate
488
1 400
-
-
income
137
392
-
-
surtax
-
-
-
-
total
137
392
-
-
Dividends
352
1 008
-
-
withholding
45
129
-
-
surtax
-
-
-
-
social contributions
60
173
-
-
total
105
302
-
-
Income
1 400
1 400
1 400
1 400
Total tax
619
694
567
601
After tax
781
706
833
799
Living cost
536
536
536
536
Free-cash
245
170
297
263

Estimated living cost  is $536 per week

$363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$44
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
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.
$122
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
$597
$596
$821
$766
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.

-
-
-
1 400
income
-
-
-
304
health
-
-
-
84
unemployment
-
-
-
12
pensions
-
-
-
213
total
-
-
-
613
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.

289
-
1 254
-
income
40
-
304
-
health
15
-
42
-
unemployment
2
-
6
-
pensions
40
-
114
-
total
97
-
466
-
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.

289
-
1 254
-
unemployment
2
-
6
-
pensions
35
-
98
-
health
15
-
42
-
total
52
-
146
-
Corporate
1 060
1 400
-
-
income
159
210
-
-
total
159
210
-
-
Dividends
901
1 190
-
-
withholding
135
178
-
-
total
135
178
-
-
Income
1 400
1 400
1 400
1 400
Total tax
443
388
612
613
After tax
957
1 012
788
787
Living cost
191
191
191
191
Free-cash
766
821
597
596

Estimated living cost  is $191 per week

$129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$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.
$42
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
$308
$375
-$134
$197
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 400
regional
-
-
-
60
national
-
-
-
16
health
-
-
-
3
city
-
-
-
15
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.

-
-
-
28
pensions
-
-
-
129
total
-
-
-
251
Employee
906
-
1 253
-
regional
30
-
51
-
city
10
-
13
-
health
2
-
3
-
unemployment
-
-
-
-
national
4
-
13
-
pensions
76
-
105
-
total
122
-
185
-
Employer
906
-
1 253
-
unemployment
-
-
-
-
pensions
76
-
105
-
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.

18
-
25
-
health
2
-
3
-
total
96
-
133
-
Corporate
388
1 400
-
-
regional
82
296
-
-
national
33
119
-
-
total
115
415
-
-
Dividends
273
985
-
-
withholding
96
345
-
-
total
96
345
-
-
Income
1 400
1 400
1 400
1 400
Total tax
429
760
318
251
After tax
971
640
1 082
1 149
Living cost
774
774
774
774
Free-cash
197
-134
308
375

Estimated living cost  is $774 per week

$503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$69
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$10
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.
$192
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
$344
$535
$483
$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

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

-
-
-
1 400
municipal
-
-
-
249
national
-
-
-
173
health
-
-
-
17
total
-
-
-
439
Employee
584
-
1 178
-
health
4
-
14
-
unemployment
9
-
18
-
national
10
-
105
-
municipal
96
-
192
-
pensions
39
-
79
-
total
158
-
408
-
Employer
584
-
1 178
-
unemployment
4
-
8
-
pensions
101
-
204
-
accident
1
-
1
-
health
4
-
9
-
total
110
-
222
-
Corporate
706
1 400
-
-
income
141
280
-
-
total
141
280
-
-
Dividends

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

424
840
-
-
national
3
60
-
-
municipal
76
151
-
-
total
79
211
-
-
Income
1 400
1 400
1 400
1 400
Total tax
488
491
630
439
After tax
912
909
770
961
Living cost
426
426
426
426
Free-cash
486
483
344
535

Estimated living cost  is $426 per week

$278
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.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

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
$120
$222
$380
$214
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
-
-
-
1 400
national
-
-
-
480
social contributions
-
-
-
223
communal

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

-
-
-
71
total
-
-
-
774
Employee

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

794
-
1 084
-
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.

37
-
51
-
communal

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

41
-
57
-
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.

7
-
9
-
national
244
-
362
-
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.

60
-
81
-
total
389
-
560
-
Employer

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

794
-
1 084
-
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.

12
-
16
-
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.

70
-
96
-
surtax
90
-
123
-
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.

10
-
14
-
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.

49
-
67
-
total
231
-
316
-
Corporate
375
1 400
-
-
income
75
280
-
-
surtax
1
6
-
-
total
76
286
-
-
Dividends
299
1 114
-
-
withholding

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

86
330
-
-
total
86
330
-
-
Income
1 400
1 400
1 400
1 400
Total tax
782
616
876
774
After tax
618
784
524
626
Living cost
404
404
404
404
Free-cash
214
380
120
222

Estimated living cost  is $404 per week

$261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$35
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$102
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
$279
$291
$309
$301
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
-
-
-
1 400
municipal
-
-
-
331
national
-
-
-
34
health
-
-
-
62
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
108
other
-
-
-
116
total
-
-
-
654
Employee
649
-
1 087
-
national
-
-
29
-
municipal
193
-
324
-
total
193
-
353
-
Employer
649
-
1 087
-
unemployment
17
-
26
-
pensions
70
-
108
-
other
75
-
116
-
accident
1
-
2
-
health
40
-
61
-
total
203
-
313
-
Corporate
548
1 400
-
-
income
120
308
-
-
total
120
308
-
-
Dividends
427
1 092
-
-
withholding
128
328
-
-
total
128
328
-
-
Income
1 400
1 400
1 400
1 400
Total tax
644
636
666
654
After tax
756
764
734
746
Living cost
455
455
455
455
Free-cash
301
309
279
291

Estimated living cost  is $455 per week

$302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$45
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
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.
$102
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
$753
$471
$356
-$315
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
-
-
-
1 400
income
-
-
-
273
social contributions
-
-
-
160
total
-
-
-
433
Employee
712
-
-
-
income
157
-
-
-
social contributions
58
-
8
-
total
215
-
8
-
Employer
712
-
-
-
social contributions
1 004
-
143
-
total
1 004
-
143
-
Corporate
-
1 400
-
-
income
-
308
-
-
total
-
308
-
-
Dividends
-
1 092
-
-
income
-
240
-
-
total
-
240
-
-
Income
1 400
1 400
1 400
1 400
Total tax
1 219
548
151
433
After tax
181
852
1 249
967
Living cost
496
496
496
496
Free-cash
-315
356
753
471

Estimated living cost  is $496 per week

$322
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$47
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.
$121
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
$606
$621
$662
$619
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
-
-
-
1 400
income
-
-
-
204
social contributions
-
-
-
179
health
-
-
-
36
total
-
-
-
419
Employee
853
853
1 281
-
income
90
79
198
-
social contributions
41
71
95
-
health
8
15
22
-
total
139
165
315
-
Employer
853
853
1 281
-
social contributions
41
71
95
-
health
9
16
24
-
total
50
87
119
-
Corporate
850
460
-
-
income
106
58
-
-
total
106
58
-
-
Dividends
744
403
-
-
withholding
126
68
-
-
total
126
68
-
-
Income
1 400
1 400
1 400
1 400
Total tax
421
378
434
419
After tax
979
1 022
966
981
Living cost
360
360
360
360
Free-cash
619
662
606
621

Estimated living cost  is $360 per week

$246
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$28
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$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.
$80
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
$435
$565
$569
$587
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
-
-
-
1 400
income
-
-
-
346
pensions
-
-
-
87
total
-
-
-
433
Employee
552
-
1 228
-
income
101
-
260
-
health
7
-
20
-
pensions
42
-
111
-
total
150
-
391
-
Employer
552
-
1 228
-
pensions
56
-
149
-
health
10
-
23
-
total
66
-
172
-
Corporate
781
1 400
-
-
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.

148
266
-
-
total
148
266
-
-
Dividends
633
1 134
-
-
withholding
47
163
-
-
total
47
163
-
-
Income
1 400
1 400
1 400
1 400
Total tax
411
429
563
433
After tax
989
971
837
967
Living cost
402
402
402
402
Free-cash
587
569
435
565

Estimated living cost  is $402 per week

$276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$37
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$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

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
$177
$240
$296
$245
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
-
-
-
1 400
municipal
-
-
-
9
regional
-
-
-
31
national
-
-
-
318
social contributions
-
-
-
360
total
-
-
-
718
Employee
935
-
1 400
-
regional
14
-
26
-
social contributions
315
-
472
-
national
158
-
275
-
municipal
6
-
8
-
total
493
-
781
-
Employer
935
-
1 400
-
total
-
-
-
-
Corporate
465
1 400
-
-
nationa
112
336
-
-
municipal
22
67
-
-
total
134
403
-
-
Dividends
331
997
-
-
withholding
86
259
-
-
total
86
259
-
-
Income
1 400
1 400
1 400
1 400
Total tax
713
662
781
718
After tax
687
738
619
682
Living cost
442
442
442
442
Free-cash
245
296
177
240

Estimated living cost  is $442 per week

$310
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.
$7
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.
$94
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
$518
$730
-$115
$80
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
-
-
-
1 400
income
-
-
-
369
health
-
-
-
23
accident
-
-
-
3
pensions
-
-
-
43
other
-
-
-
4
total
-
-
-
442
Employee
359
-
1 235
-
income
49
-
269
-
health
41
-
141
-
pensions
40
-
79
-
total
130
-
489
-
Employer
359
-
1 235
-
unemployment
9
-
30
-
pensions
58
-
114
-
accident
6
-
21
-
total
73
-
165
-
Corporate
968
1 400
-
-
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.

871
1 260
-
-
total
871
1 260
-
-
Dividends
97
140
-
-
withholding
18
27
-
-
total
18
27
-
-
Income
1 400
1 400
1 400
1 400
Total tax
1 092
1 287
654
442
After tax
308
113
746
958
Living cost
228
228
228
228
Free-cash
80
-115
518
730

Estimated living cost  is $228 per week

$167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$13
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$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.
$44
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
$505
$378
$293
$438
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.

-
-
-
1 400
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.

-
-
-
371
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.

-
-
-
76
trade
-
-
-
127
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
20
total
-
-
-
594
Employee

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

552
-
1 400
-
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.

45
-
371
-
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.

76
-
76
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

3
-
20
-
total
124
-
467
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
848
1 400
-
-
chamber of commerce
3
4
-
-
income
127
210
-
-
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.

7
12
-
-
trade
122
201
-
-
total
259
427
-
-
Dividends
589
974
-
-
withholding
143
239
-
-
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.

8
13
-
-
total
151
252
-
-
Income
1 400
1 400
1 400
1 400
Total tax
534
679
467
594
After tax
866
721
933
806
Living cost
428
428
428
428
Free-cash
438
293
505
378

Estimated living cost  is $428 per week

$295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$46
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

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
$555
$175
$889
$797
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.

-
-
-
1 400
microenterprise
-
-
-
-
income
-
-
-
212
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.

-
-
-
425
surtax
-
-
-
357
total
-
-
-
994
Employee
324
-
1 128
-
income
58
-
218
-
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.

36
-
124
-
surtax
-
-
-
-
total
94
-
342
-
Employer
324
-
1 128
-
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.

78
-
272
-
surtax
-
-
-
-
total
78
-
272
-
Corporate
998
1 400
-
-
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%.

200
280
-
-
total
200
280
-
-
Dividends

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

798
1 120
-
-
total
-
-
-
-
Income
1 400
1 400
1 400
1 400
Total tax
372
280
614
994
After tax
1 028
1 120
786
406
Living cost
231
231
231
231
Free-cash
797
889
555
175

Estimated living cost  is $231 per week

$147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$22
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
Istanbul , Turkey
$670
$679
$729
$705
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
-
-
-
1 400
income
-
-
-
393
health
-
-
-
77
pensions
-
-
-
106
total
-
-
-
576
Employee
221
-
1 281
-
income
43
-
387
-
health
11
-
26
-
unemployment
2
-
5
-
pensions
20
-
48
-
total
76
-
466
-
Employer
221
-
1 281
-
unemployment
4
-
11
-
pensions
24
-
58
-
health
21
-
50
-
total
49
-
119
-
Corporate
1 130
1 400
-
-
income
249
308
-
-
total
249
308
-
-
Dividends
881
1 092
-
-
withholding
176
218
-
-
total
176
218
-
-
Income
1 400
1 400
1 400
1 400
Total tax
550
526
585
576
After tax
850
874
815
824
Living cost
145
145
145
145
Free-cash
705
729
670
679

Estimated living cost  is $145 per week

$86
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.
$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.
$44
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
$403
$426
$632
$596
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
-
-
-
1 400
income
-
-
-
302
health
-
-
-
99
unemployment
-
-
-
3
surtax
-
-
-
41
pensions
-
-
-
280
other
-
-
-
-
total
-
-
-
725
Employee
374
-
1 157
-
other
-
-
-
-
income
63
-
280
-
health
10
-
29
-
unemployment
26
-
81
-
surtax
1
-
37
-
pensions
25
-
77
-
total
125
-
504
-
Employer
374
-
1 157
-
unemployment
12
-
37
-
pensions
50
-
154
-
other
-
-
-
-
health
17
-
53
-
total
79
-
244
-
Corporate
948
1 400
-
-
income
246
364
-
-
total
246
364
-
-
Dividends
701
1 036
-
-
withholding
105
155
-
-
total
105
155
-
-
Income
1 400
1 400
1 400
1 400
Total tax
555
519
748
725
After tax
845
881
652
675
Living cost
249
249
249
249
Free-cash
596
632
403
426

Estimated living cost  is $249 per week

$150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$22
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$71
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
$34
$349
$428
$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
-
-
-
1 400
income
-
-
-
284
chamber of commerce
-
-
-
6
health
-
-
-
99
unemployment
-
-
-
68
surtax
-
-
-
-
pensions
-
-
-
240
total
-
-
-
697
Employee
485
442
1 087
-
other
5
4
11
-
income
43
33
241
-
health
19
17
42
-
unemployment
15
13
33
-
pensions
50
45
111
-
total
132
112
438
-
Employer
485
442
1 087
-
unemployment
15
13
33
-
chamber of commerce
2
2
4
-
pensions
61
55
136
-
payroll
15
13
33
-