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
$ 1450
per

Your estimated
City
free-cash

Valencia , Spain
$452
$505
$667
$614
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
-
-
-
1 450
income
-
-
-
332
accident
-
-
-
9
unemployment
-
-
-
7
pensions
-
-
-
291
other
-
-
-
1
total
-
-
-
640
Employee
410
-
1 122
-
other
-
-
1
-
income
79
-
301
-
unemployment
6
-
16
-
pensions
19
-
48
-
total
104
-
366
-
Employer
410
-
1 122
-
unemployment
23
-
57
-
pensions
97
-
242
-
other
3
-
8
-
accident
8
-
20
-
total
131
-
327
-
Corporate
909
1 450
-
-
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.

136
218
-
-
total
136
218
-
-
Dividends
773
1 232
-
-
withholding
160
260
-
-
total
160
260
-
-
Income
1 450
1 450
1 450
1 450
Total tax
531
478
693
640
After tax
919
972
757
810
Living cost
305
305
305
305
Free-cash
614
667
452
505

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
$539
$479
$771
$696
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
-
-
-
1 450
income
-
-
-
195
health
-
-
-
64
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.

-
-
-
348
other
-
-
-
69
total
-
-
-
676
Employee
402
-
1 158
-
income
69
-
215
-
health
6
-
16
-
unemployment
4
-
12
-
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
-
81
-
total
107
-
324
-
Employer
402
-
1 158
-
unemployment
4
-
12
-
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
-
197
-
other
20
-
58
-
accident
3
-
9
-
health
6
-
16
-
total
101
-
292
-
Corporate
946
1 450
-
-
income
199
304
-
-
total
199
304
-
-
Dividends
747
1 146
-
-
withholding
52
80
-
-
total
52
80
-
-
Income
1 450
1 450
1 450
1 450
Total tax
459
384
616
676
After tax
991
1 066
834
774
Living cost
295
295
295
295
Free-cash
696
771
539
479

Estimated living cost  is $295 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
$1036
$984
$1095
$1044
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
-
-
-
1 450
income
-
-
-
217
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
-
-
-
321
Employee
193
-
1 374
-
income
19
-
137
-
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
-
193
-
Employer
193
-
1 374
-
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
1 220
1 450
-
-
income
122
145
-
-
total
122
145
-
-
Dividends
1 098
1 305
-
-
withholding
55
65
-
-
total
55
65
-
-
Income
1 450
1 450
1 450
1 450
Total tax
261
210
269
321
After tax
1 189
1 240
1 181
1 129
Living cost
145
145
145
145
Free-cash
1 044
1 095
1 036
984

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
$474
$447
$351
$418
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
-
-
-
1 450
income
-
-
-
186
social contributions
-
-
-
41
health
-
-
-
46
surtax
-
-
-
-
pensions
-
-
-
306
other
-
-
-
45
total
-
-
-
624
Employee
474
-
1 152
-
income
28
-
198
-
social contributions
14
-
33
-
surtax
-
-
-
-
pensions
54
-
68
-
total
96
-
299
-
Employer
474
-
1 152
-
unemployment
19
-
47
-
social contributions
1
-
3
-
pensions
78
-
116
-
other
16
-
40
-
health
33
-
92
-
total
147
-
298
-
Corporate
827
1 450
-
-
income
232
406
-
-
surtax
-
-
-
-
total
232
406
-
-
Dividends
596
1 044
-
-
withholding
76
134
-
-
surtax
-
-
-
-
social contributions
102
180
-
-
total
178
314
-
-
Income
1 450
1 450
1 450
1 450
Total tax
653
720
597
624
After tax
797
730
853
826
Living cost
379
379
379
379
Free-cash
418
351
474
447

Estimated living cost  is $379 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
$358
$371
$245
$179
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
-
-
-
1 450
income
-
-
-
348
health
-
-
-
137
pensions
-
-
-
130
total
-
-
-
615
Employee
947
947
1 244
-
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
170
130
130
-
total
470
409
422
-
Employer
947
947
1 244
-
unemployment
34
34
42
-
pensions
66
66
82
-
health
66
66
82
-
total
166
166
206
-
Corporate
349
338
-
-
income
70
68
-
-
total
70
68
-
-
Dividends
279
270
-
-
withholding
42
41
-
-
income
59
57
-
-
total
101
98
-
-
Income
1 450
1 450
1 450
1 450
Total tax
807
741
628
615
After tax
643
709
822
835
Living cost
464
464
464
464
Free-cash
179
245
358
371

Estimated living cost  is $464 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
$624
$477
$396
$518
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.

-
-
-
1 450
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.

-
-
-
392
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
-
-
-
147
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.

-
-
-
22
total
-
-
-
637
Employee

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

424
-
1 450
-
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
-
392
-
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
-
22
-
total
89
-
490
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 026
1 450
-
-
chamber of commerce
3
4
-
-
income
154
218
-
-
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
162
228
-
-
total
327
462
-
-
Dividends
699
988
-
-
withholding
171
243
-
-
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
180
256
-
-
Income
1 450
1 450
1 450
1 450
Total tax
596
718
490
637
After tax
854
732
960
813
Living cost
336
336
336
336
Free-cash
518
396
624
477

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
$743
$758
$802
$742
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
-
-
-
1 450
income
-
-
-
219
social contributions
-
-
-
179
health
-
-
-
37
total
-
-
-
435
Employee
852
852
1 330
-
income
93
79
212
-
social contributions
32
71
95
-
health
7
14
23
-
total
132
164
330
-
Employer
852
852
1 330
-
social contributions
32
71
95
-
health
7
16
25
-
total
39
87
120
-
Corporate
1 022
511
-
-
income
128
64
-
-
total
128
64
-
-
Dividends
895
447
-
-
withholding
152
76
-
-
total
152
76
-
-
Income
1 450
1 450
1 450
1 450
Total tax
451
391
450
435
After tax
999
1 059
1 000
1 015
Living cost
257
257
257
257
Free-cash
742
802
743
758

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
$351
$445
$477
$466
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.

-
-
-
1 450
income
-
-
-
153
social contributions

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

-
-
-
504
surtax
-
-
-
-
total
-
-
-
657
Employee
510
-
1 172
-
income
106
-
344
-
social contributions
56
-
129
-
surtax
-
-
-
-
total
162
-
473
-
Employer
510
-
1 172
-
social contributions
121
-
278
-
total
121
-
278
-
Corporate
819
1 450
-
-
income
172
304
-
-
surtax
-
-
-
-
total
172
304
-
-
Dividends
647
1 146
-
-
withholding
181
321
-
-
total
181
321
-
-
Income
1 450
1 450
1 450
1 450
Total tax
636
625
751
657
After tax
814
825
699
793
Living cost
348
348
348
348
Free-cash
466
477
351
445

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
$1080
$1355
$1297
$1282
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%.

-
-
-
1 450
microenterprise

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

-
-
-
15
total
-
-
-
15
Employee
100
-
1 450
-
income
20
-
290
-
total
20
-
290
-
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%.

1 350
1 450
-
-
total
-
-
-
-
Dividends
1 350
1 450
-
-
withholding
68
73
-
-
total
68
73
-
-
Income
1 450
1 450
1 450
1 450
Total tax
88
73
290
15
After tax
1 362
1 377
1 160
1 435
Living cost
80
80
80
80
Free-cash
1 282
1 297
1 080
1 355

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
$396
$436
$701
$608
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.

-
-
-
1 450
income
-
-
-
307
health
-
-
-
143
unemployment
-
-
-
2
pensions
-
-
-
265
total
-
-
-
717
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.

490
-
1 255
-
income
85
-
284
-
health
32
-
81
-
unemployment
1
-
2
-
pensions
76
-
194
-
total
194
-
561
-
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.

490
-
1 255
-
unemployment
-
-
1
-
pensions
43
-
111
-
health
33
-
84
-
total
76
-
196
-
Corporate
884
1 450
-
-
income
168
276
-
-
total
168
276
-
-
Dividends
716
1 174
-
-
withholding
107
176
-
-
total
107
176
-
-
Income
1 450
1 450
1 450
1 450
Total tax
545
452
757
717
After tax
905
998
693
733
Living cost
297
297
297
297
Free-cash
608
701
396
436

Estimated living cost  is $297 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.
$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 Source
Sliema , Malta
$660
$660
$481
$520
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.

-
-
-
1 450
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
-
1 399
-
social contributions
51
-
51
-
income
55
-
286
-
total
106
-
337
-
Employer
509
-
1 399
-
social contributions
51
-
51
-
total
51
-
51
-
Corporate
891
1 450
-
-
income
312
508
-
-
total
312
508
-
-
Dividends
579
942
-
-
social contributions
59
59
-
-
total
59
59
-
-
Income
1 450
1 450
1 450
1 450
Total tax
528
567
388
388
After tax
922
883
1 062
1 062
Living cost
402
402
402
402
Free-cash
520
481
660
660

Estimated living cost  is $402 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.
$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
Vilnius , Lithuania
$681
$696
$649
$655
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
-
-
-
1 450
income
-
-
-
218
social contributions
-
-
-
200
health
-
-
-
101
total
-
-
-
519
Employee
376
-
1 450
-
income
63
-
233
-
social contributions
52
-
200
-
health
26
-
101
-
total
141
-
534
-
Employer
376
-
1 450
-
total
-
-
-
-
Corporate
1 074
1 450
-
-
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%.

54
73
-
-
total
54
73
-
-
Dividends
1 020
1 377
-
-
withholding
153
207
-
-
health
71
96
-
-
social contributions
141
190
-
-
total
365
493
-
-
Income
1 450
1 450
1 450
1 450
Total tax
560
566
534
519
After tax
890
884
916
931
Living cost
235
235
235
235
Free-cash
655
649
681
696

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.
$14
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$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
$435
$467
$697
$589
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
-
-
-
1 450
income
-
-
-
135
social contributions
-
-
-
351
solidarity contribution
-
-
-
-
health
-
-
-
196
total
-
-
-
682
Employee
442
-
1 082
-
solidarity contribution
-
-
-
-
income
53
-
130
-
social contributions
29
-
70
-
health
60
-
146
-
total
142
-
346
-
Employer
442
-
1 082
-
social contributions
111
-
271
-
health
40
-
97
-
total
151
-
368
-
Corporate
858
1 450
-
-
income
163
276
-
-
total
163
276
-
-
Dividends
695
1 174
-
-
withholding
104
176
-
-
total
104
176
-
-
Income
1 450
1 450
1 450
1 450
Total tax
560
452
714
682
After tax
890
998
736
768
Living cost
301
301
301
301
Free-cash
589
697
435
467

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
$1036
$1311
$1253
$1230
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%.

-
-
-
1 450
microenterprise

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

-
-
-
15
total
-
-
-
15
Employee
155
-
1 450
-
income
31
-
290
-
total
31
-
290
-
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%.

1 295
1 450
-
-
total
-
-
-
-
Dividends
1 295
1 450
-
-
withholding
65
73
-
-
total
65
73
-
-
Income
1 450
1 450
1 450
1 450
Total tax
96
73
290
15
After tax
1 354
1 377
1 160
1 435
Living cost
124
124
124
124
Free-cash
1 230
1 253
1 036
1 311

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
$318
$291
$195
$270
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 450
income
-
-
-
186
social contributions
-
-
-
41
health
-
-
-
46
surtax
-
-
-
-
pensions
-
-
-
306
other
-
-
-
45
total
-
-
-
624
Employee
694
-
1 152
-
income
61
-
198
-
social contributions
20
-
33
-
surtax
-
-
-
-
pensions
79
-
68
-
total
160
-
299
-
Employer
694
-
1 152
-
unemployment
28
-
47
-
social contributions
2
-
3
-
pensions
114
-
116
-
other
24
-
40
-
health
49
-
92
-
total
217
-
298
-
Corporate
539
1 450
-
-
income
151
406
-
-
surtax
-
-
-
-
total
151
406
-
-
Dividends
388
1 044
-
-
withholding
50
134
-
-
surtax
-
-
-
-
social contributions
67
180
-
-
total
117
314
-
-
Income
1 450
1 450
1 450
1 450
Total tax
645
720
597
624
After tax
805
730
853
826
Living cost
535
535
535
535
Free-cash
270
195
318
291

Estimated living cost  is $535 per week

$362
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
$635
$635
$856
$801
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.

-
-
-
1 450
income
-
-
-
316
health
-
-
-
84
unemployment
-
-
-
12
pensions
-
-
-
212
total
-
-
-
624
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.

288
-
1 304
-
income
40
-
316
-
health
15
-
42
-
unemployment
2
-
6
-
pensions
40
-
114
-
total
97
-
478
-
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.

288
-
1 304
-
unemployment
2
-
6
-
pensions
35
-
98
-
health
15
-
42
-
total
52
-
146
-
Corporate
1 110
1 450
-
-
income
167
218
-
-
total
167
218
-
-
Dividends
944
1 232
-
-
withholding
142
185
-
-
total
142
185
-
-
Income
1 450
1 450
1 450
1 450
Total tax
458
403
624
624
After tax
992
1 047
826
826
Living cost
191
191
191
191
Free-cash
801
856
635
635

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
$343
$415
-$111
$220
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 450
regional
-
-
-
64
national
-
-
-
17
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.

-
-
-
29
pensions
-
-
-
133
total
-
-
-
261
Employee
905
-
1 298
-
regional
30
-
55
-
city
10
-
14
-
health
2
-
3
-
unemployment
-
-
-
-
national
4
-
14
-
pensions
76
-
109
-
total
122
-
195
-
Employer
905
-
1 298
-
unemployment
-
-
-
-
pensions
76
-
109
-
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
-
26
-
health
2
-
3
-
total
96
-
138
-
Corporate
438
1 450
-
-
regional
93
307
-
-
national
37
123
-
-
total
130
430
-
-
Dividends
308
1 020
-
-
withholding
108
357
-
-
total
108
357
-
-
Income
1 450
1 450
1 450
1 450
Total tax
456
787
333
261
After tax
994
663
1 117
1 189
Living cost
774
774
774
774
Free-cash
220
-111
343
415

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.
$9
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
$367
$565
$512
$518
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

-
-
-
1 450
municipal
-
-
-
258
national
-
-
-
183
health
-
-
-
18
total
-
-
-
459
Employee
583
-
1 220
-
health
4
-
14
-
unemployment
9
-
18
-
national
10
-
114
-
municipal
96
-
199
-
pensions
39
-
82
-
total
158
-
427
-
Employer
583
-
1 220
-
unemployment
4
-
8
-
pensions
101
-
212
-
accident
1
-
1
-
health
4
-
9
-
total
110
-
230
-
Corporate
757
1 450
-
-
income
151
290
-
-
total
151
290
-
-
Dividends

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

454
870
-
-
national
5
65
-
-
municipal
82
157
-
-
total
87
222
-
-
Income
1 450
1 450
1 450
1 450
Total tax
506
512
657
459
After tax
944
938
793
991
Living cost
426
426
426
426
Free-cash
518
512
367
565

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
$135
$242
$408
$242
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
-
-
-
1 450
national
-
-
-
501
social contributions
-
-
-
230
communal

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

-
-
-
73
total
-
-
-
804
Employee

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

793
-
1 123
-
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
-
53
-
communal

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

41
-
59
-
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
-
10
-
national
244
-
379
-
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.

59
-
84
-
total
388
-
585
-
Employer

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

793
-
1 123
-
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
-
99
-
surtax
90
-
127
-
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
-
15
-
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
-
69
-
total
231
-
326
-
Corporate
426
1 450
-
-
income
85
290
-
-
surtax
2
6
-
-
total
87
296
-
-
Dividends
339
1 154
-
-
withholding

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

98
342
-
-
total
98
342
-
-
Income
1 450
1 450
1 450
1 450
Total tax
804
638
911
804
After tax
646
812
539
646
Living cost
404
404
404
404
Free-cash
242
408
135
242

Estimated living cost  is $404 per week

$260
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
$305
$317
$338
$328
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
-
-
-
1 450
municipal
-
-
-
346
national
-
-
-
44
health
-
-
-
62
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
108
other
-
-
-
116
total
-
-
-
679
Employee
648
-
1 137
-
national
-
-
39
-
municipal
193
-
339
-
total
193
-
378
-
Employer
648
-
1 137
-
unemployment
17
-
26
-
pensions
70
-
108
-
other
75
-
116
-
accident
1
-
2
-
health
40
-
61
-
total
203
-
313
-
Corporate
599
1 450
-
-
income
132
319
-
-
total
132
319
-
-
Dividends
467
1 131
-
-
withholding
140
339
-
-
total
140
339
-
-
Income
1 450
1 450
1 450
1 450
Total tax
668
658
691
679
After tax
782
792
759
771
Living cost
454
454
454
454
Free-cash
328
338
305
317

Estimated living cost  is $454 per week

$301
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
$803
$506
$386
-$264
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 450
income
-
-
-
283
social contributions
-
-
-
165
total
-
-
-
448
Employee
711
-
-
-
income
157
-
-
-
social contributions
58
-
8
-
total
215
-
8
-
Employer
711
-
-
-
social contributions
1 003
-
143
-
total
1 003
-
143
-
Corporate
-
1 450
-
-
income
-
319
-
-
total
-
319
-
-
Dividends
-
1 131
-
-
income
-
249
-
-
total
-
249
-
-
Income
1 450
1 450
1 450
1 450
Total tax
1 218
568
151
448
After tax
232
882
1 299
1 002
Living cost
496
496
496
496
Free-cash
-264
386
803
506

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
$640
$655
$699
$654
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
-
-
-
1 450
income
-
-
-
219
social contributions
-
-
-
179
health
-
-
-
37
total
-
-
-
435
Employee
852
852
1 330
-
income
90
79
212
-
social contributions
41
71
95
-
health
8
14
23
-
total
139
164
330
-
Employer
852
852
1 330
-
social contributions
41
71
95
-
health
9
16
25
-
total
50
87
120
-
Corporate
900
511
-
-
income
113
64
-
-
total
113
64
-
-
Dividends
788
447
-
-
withholding
134
76
-
-
total
134
76
-
-
Income
1 450
1 450
1 450
1 450
Total tax
436
391
450
435
After tax
1 014
1 059
1 000
1 015
Living cost
360
360
360
360
Free-cash
654
699
640
655

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
$460
$594
$597
$624
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
-
-
-
1 450
income
-
-
-
366
pensions
-
-
-
88
total
-
-
-
454
Employee
551
-
1 271
-
income
100
-
277
-
health
7
-
20
-
pensions
42
-
112
-
total
149
-
409
-
Employer
551
-
1 271
-
pensions
56
-
155
-
health
10
-
24
-
total
66
-
179
-
Corporate
832
1 450
-
-
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.

158
275
-
-
total
158
275
-
-
Dividends
674
1 175
-
-
withholding
51
176
-
-
total
51
176
-
-
Income
1 450
1 450
1 450
1 450
Total tax
424
451
588
454
After tax
1 026
999
862
996
Living cost
402
402
402
402
Free-cash
624
597
460
594

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
$194
$261
$322
$271
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
-
-
-
1 450
municipal
-
-
-
10
regional
-
-
-
32
national
-
-
-
332
social contributions
-
-
-
373
total
-
-
-
747
Employee
934
-
1 450
-
regional
14
-
28
-
social contributions
315
-
489
-
national
158
-
288
-
municipal
6
-
9
-
total
493
-
814
-
Employer
934
-
1 450
-
total
-
-
-
-
Corporate
516
1 450
-
-
nationa
124
348
-
-
municipal
25
70
-
-
total
149
418
-
-
Dividends
367
1 032
-
-
withholding
95
268
-
-
total
95
268
-
-
Income
1 450
1 450
1 450
1 450
Total tax
737
686
814
747
After tax
713
764
636
703
Living cost
442
442
442
442
Free-cash
271
322
194
261

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
$548
$764
-$111
$84
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
-
-
-
1 450
income
-
-
-
385
health
-
-
-
23
accident
-
-
-
3
pensions
-
-
-
43
other
-
-
-
4
total
-
-
-
458
Employee
359
-
1 283
-
income
49
-
282
-
health
41
-
147
-
pensions
40
-
79
-
total
130
-
508
-
Employer
359
-
1 283
-
unemployment
9
-
31
-
pensions
58
-
114
-
accident
6
-
21
-
total
73
-
166
-
Corporate
1 018
1 450
-
-
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.

916
1 305
-
-
total
916
1 305
-
-
Dividends
102
145
-
-
withholding
19
28
-
-
total
19
28
-
-
Income
1 450
1 450
1 450
1 450
Total tax
1 138
1 333
674
458
After tax
312
117
776
992
Living cost
228
228
228
228
Free-cash
84
-111
548
764

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
$532
$398
$318
$464
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.

-
-
-
1 450
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.

-
-
-
392
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
-
-
-
134
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.

-
-
-
22
total
-
-
-
624
Employee

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

552
-
1 450
-
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
-
392
-
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
-
22
-
total
124
-
490
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
898
1 450
-
-
chamber of commerce
3
4
-
-
income
135
218
-
-
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
129
208
-
-
total
274
442
-
-
Dividends
624
1 009
-
-
withholding
152
248
-
-
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
14
-
-
total
160
262
-
-
Income
1 450
1 450
1 450
1 450
Total tax
558
704
490
624
After tax
892
746
960
826
Living cost
428
428
428
428
Free-cash
464
318
532
398

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.
$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

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
$582
$201
$929
$837
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.

-
-
-
1 450
microenterprise
-
-
-
-
income
-
-
-
223
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
-
-
-
370
total
-
-
-
1 018
Employee
324
-
1 169
-
income
58
-
227
-
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
-
129
-
surtax
-
-
-
-
total
94
-
356
-
Employer
324
-
1 169
-
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
-
281
-
surtax
-
-
-
-
total
78
-
281
-
Corporate
1 048
1 450
-
-
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%.

210
290
-
-
total
210
290
-
-
Dividends

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

838
1 160
-
-
total
-
-
-
-
Income
1 450
1 450
1 450
1 450
Total tax
382
290
637
1 018
After tax
1 068
1 160
813
432
Living cost
231
231
231
231
Free-cash
837
929
582
201

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
$704
$714
$761
$738
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
-
-
-
1 450
income
-
-
-
411
health
-
-
-
76
pensions
-
-
-
105
total
-
-
-
592
Employee
219
-
1 332
-
income
42
-
406
-
health
11
-
26
-
unemployment
2
-
5
-
pensions
20
-
47
-
total
75
-
484
-
Employer
219
-
1 332
-
unemployment
4
-
10
-
pensions
24
-
58
-
health
21
-
50
-
total
49
-
118
-
Corporate
1 182
1 450
-
-
income
260
319
-
-
total
260
319
-
-
Dividends
922
1 131
-
-
withholding
184
226
-
-
total
184
226
-
-
Income
1 450
1 450
1 450
1 450
Total tax
568
545
602
592
After tax
882
905
848
858
Living cost
144
144
144
144
Free-cash
738
761
704
714

Estimated living cost  is $144 per week

$85
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.
$43
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
$418
$442
$663
$626
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
-
-
-
1 450
income
-
-
-
319
health
-
-
-
103
unemployment
-
-
-
3
surtax
-
-
-
44
pensions
-
-
-
290
other
-
-
-
-
total
-
-
-
759
Employee
373
-
1 198
-
other
-
-
-
-
income
63
-
296
-
health
10
-
31
-
unemployment
26
-
83
-
surtax
1
-
40
-
pensions
25
-
80
-
total
125
-
530
-
Employer
373
-
1 198
-
unemployment
12
-
38
-
pensions
50
-
160
-
other
-
-
-
-
health
17
-
55
-
total
79
-
253
-
Corporate
998
1 450
-
-
income
260
377
-
-
total
260
377
-
-
Dividends
739
1 073
-
-
withholding
111
161
-
-
total
111
161
-
-
Income
1 450
1 450
1 450
1 450
Total tax
575
538
783
759
After tax
875
912
667
691
Living cost
249
249
249
249
Free-cash
626
663
418
442

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
$41
$377
$455
$447
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
-
-
-
1 450
income
-
-
-
306
chamber of commerce
-
-
-
6
health
-
-
-
99
unemployment
-
-
-
68
surtax
-
-
-
-
pensions
-
-
-
240
total
-
-
-
719
Employee
485
442
1 126
-
other
5
4
11
-
income
43
33
255
-
health
19
17
44
-
unemployment
15
13
34
-
pensions
50
45
115
-
total
132
112
459
-
Employer
485
442
1 126
-
unemployment
15
13
34
-
chamber of commerce
2
2
5
-
pensions
61
55
141
-
payroll
15
13
34
-