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
$ 1500
per

Your estimated
City
free-cash

Valencia , Spain
$635
$469
$523
$691
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
-
-
-
1 500
unemployment
-
-
-
7
income
-
-
-
344
other
-
-
-
1
accident
-
-
-
10
pensions
-
-
-
300
total
-
-
-
662
Employee
423
-
1 162
-
unemployment
7
-
16
-
pensions
20
-
50
-
income
82
-
312
-
other
-
-
1
-
total
109
-
379
-
Employer
423
-
1 162
-
pensions
100
-
250
-
accident
8
-
21
-
unemployment
23
-
58
-
other
3
-
8
-
total
134
-
337
-
Corporate
942
1 500
-
-
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.

141
225
-
-
total
141
225
-
-
Dividends
801
1 275
-
-
withholding
166
269
-
-
total
166
269
-
-
Income
1 500
1 500
1 500
1 500
Total tax
550
494
716
662
After tax
950
1 006
784
838
Living cost
315
315
315
315
Free-cash
635
691
469
523

Estimated living cost  is $315 per week

$212
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.
$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.
$67
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
$719
$556
$496
$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
-
-
-
1 500
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.

-
-
-
360
income
-
-
-
202
other
-
-
-
71
health
-
-
-
66
total
-
-
-
699
Employee
415
-
1 198
-
health
6
-
17
-
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.

29
-
84
-
income
72
-
223
-
total
111
-
336
-
Employer
415
-
1 198
-
health
6
-
17
-
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.

71
-
204
-
accident
3
-
10
-
unemployment
4
-
12
-
other
21
-
60
-
total
105
-
303
-
Corporate
980
1 500
-
-
income
206
315
-
-
total
206
315
-
-
Dividends
774
1 185
-
-
withholding
54
83
-
-
total
54
83
-
-
Income
1 500
1 500
1 500
1 500
Total tax
476
398
639
699
After tax
1 024
1 102
861
801
Living cost
305
305
305
305
Free-cash
719
797
556
496

Estimated living cost  is $305 per week

$215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$21
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$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
Varna , Bulgaria
$1080
$1073
$1018
$1132
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
-
-
-
1 500
pensions

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

-
-
-
59
unemployment
-
-
-
2
income
-
-
-
225
health
-
-
-
46
total
-
-
-
332
Employee
199
-
1 422
-
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
-
35
-
income
20
-
142
-
total
48
-
199
-
Employer
199
-
1 422
-
health
14
-
28
-
pensions

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

22
-
44
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
unemployment
1
-
2
-
total
39
-
78
-
Corporate
1 262
1 500
-
-
income
126
150
-
-
total
126
150
-
-
Dividends
1 136
1 350
-
-
withholding
57
68
-
-
total
57
68
-
-
Income
1 500
1 500
1 500
1 500
Total tax
270
218
277
332
After tax
1 230
1 282
1 223
1 168
Living cost
150
150
150
150
Free-cash
1 080
1 132
1 073
1 018

Estimated living cost  is $150 per week

$88
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$11
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$48
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
$434
$491
$462
$365
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 500
income
-
-
-
193
other
-
-
-
47
health
-
-
-
47
social contributions
-
-
-
43
pensions
-
-
-
317
surtax
-
-
-
-
total
-
-
-
647
Employee
490
-
1 191
-
pensions
55
-
70
-
income
29
-
205
-
social contributions
14
-
34
-
surtax
-
-
-
-
total
98
-
309
-
Employer
490
-
1 191
-
health
34
-
95
-
social contributions
1
-
4
-
pensions
80
-
121
-
unemployment
20
-
48
-
other
17
-
41
-
total
152
-
309
-
Corporate
857
1 500
-
-
income
240
420
-
-
surtax
-
-
-
-
total
240
420
-
-
Dividends
617
1 080
-
-
social contributions
106
186
-
-
surtax
-
-
-
-
withholding
79
138
-
-
total
185
324
-
-
Income
1 500
1 500
1 500
1 500
Total tax
675
744
618
647
After tax
825
756
882
853
Living cost
391
391
391
391
Free-cash
434
365
491
462

Estimated living cost  is $391 per week

$247
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.
$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.
$106
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
$185
$373
$385
$256
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
-
-
-
1 500
pensions
-
-
-
134
income
-
-
-
361
health
-
-
-
141
total
-
-
-
636
Employee
977
977
1 287
-
health
150
128
141
-
pensions
176
134
134
-
income

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

160
160
160
-
total
486
422
435
-
Employer
977
977
1 287
-
health
68
68
84
-
pensions
68
68
85
-
unemployment
35
35
44
-
total
171
171
213
-
Corporate
364
352
-
-
income
73
70
-
-
total
73
70
-
-
Dividends
291
281
-
-
income
62
60
-
-
withholding
44
42
-
-
total
106
102
-
-
Income
1 500
1 500
1 500
1 500
Total tax
836
765
648
636
After tax
664
735
852
864
Living cost
479
479
479
479
Free-cash
185
256
373
385

Estimated living cost  is $479 per week

$340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$43
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$89
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
$537
$647
$495
$411
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.

-
-
-
1 500
trade
-
-
-
152
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.

-
-
-
406
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.

-
-
-
78
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
-
-
-
658
Employee

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

438
-
1 500
-
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.

78
-
78
-
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
-
406
-
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
91
-
506
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 062
1 500
-
-
income
159
225
-
-
trade
167
236
-
-
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
12
-
-
chamber of commerce
3
4
-
-
total
338
477
-
-
Dividends
724
1 023
-
-
surtax

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

10
14
-
-
withholding
177
251
-
-
total
187
265
-
-
Income
1 500
1 500
1 500
1 500
Total tax
616
742
506
658
After tax
884
758
994
842
Living cost
347
347
347
347
Free-cash
537
411
647
495

Estimated living cost  is $347 per week

$218
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$40
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.
$82
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
$770
$771
$785
$832
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 500
income
-
-
-
227
health
-
-
-
38
social contributions
-
-
-
185
total
-
-
-
450
Employee
880
880
1 376
-
health
7
15
23
-
income
96
81
220
-
social contributions
33
73
98
-
total
136
169
341
-
Employer
880
880
1 376
-
health
7
16
25
-
social contributions
33
73
98
-
total
40
89
123
-
Corporate
1 059
531
-
-
income
132
66
-
-
total
132
66
-
-
Dividends
926
465
-
-
withholding
157
79
-
-
total
157
79
-
-
Income
1 500
1 500
1 500
1 500
Total tax
465
403
464
450
After tax
1 035
1 097
1 036
1 050
Living cost
265
265
265
265
Free-cash
770
832
771
785

Estimated living cost  is $265 per week

$159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$26
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$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.
$74
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
$483
$364
$462
$494
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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.

-
-
-
1 500
income
-
-
-
158
social contributions

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

-
-
-
521
surtax
-
-
-
-
total
-
-
-
679
Employee
526
-
1 212
-
income
109
-
356
-
social contributions
58
-
133
-
surtax
-
-
-
-
total
167
-
489
-
Employer
526
-
1 212
-
social contributions
125
-
288
-
total
125
-
288
-
Corporate
849
1 500
-
-
income
178
315
-
-
surtax
-
-
-
-
total
178
315
-
-
Dividends
671
1 185
-
-
withholding
188
332
-
-
total
188
332
-
-
Income
1 500
1 500
1 500
1 500
Total tax
658
647
777
679
After tax
842
853
723
821
Living cost
359
359
359
359
Free-cash
483
494
364
462

Estimated living cost  is $359 per week

$269
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.
$63
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
$1320
$1111
$1396
$1336
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%.

-
-
-
1 500
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
111
-
1 500
-
income
22
-
300
-
total
22
-
300
-
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%.

1 389
1 500
-
-
total
-
-
-
-
Dividends
1 389
1 500
-
-
withholding
69
75
-
-
total
69
75
-
-
Income
1 500
1 500
1 500
1 500
Total tax
91
75
300
15
After tax
1 409
1 425
1 200
1 485
Living cost
89
89
89
89
Free-cash
1 320
1 336
1 111
1 396

Estimated living cost  is $89 per week

$55
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.
$24
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
$630
$410
$452
$726
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.

-
-
-
1 500
pensions
-
-
-
274
unemployment
-
-
-
2
income
-
-
-
317
health
-
-
-
148
total
-
-
-
741
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.

506
-
1 298
-
health
33
-
84
-
unemployment
1
-
2
-
pensions
78
-
201
-
income
87
-
294
-
total
199
-
581
-
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.

506
-
1 298
-
health
34
-
86
-
pensions
45
-
115
-
unemployment
-
-
1
-
total
79
-
202
-
Corporate
915
1 500
-
-
income
174
285
-
-
total
174
285
-
-
Dividends
741
1 215
-
-
withholding
111
182
-
-
total
111
182
-
-
Income
1 500
1 500
1 500
1 500
Total tax
563
467
783
741
After tax
937
1 033
717
759
Living cost
307
307
307
307
Free-cash
630
726
410
452

Estimated living cost  is $307 per week

$211
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.
$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 Source
Sliema , Malta
$539
$682
$687
$500
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.

-
-
-
1 500
income
-
-
-
326
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
-
-
-
398
Employee
525
-
1 447
-
social contributions
53
-
53
-
income
57
-
297
-
total
110
-
350
-
Employer
525
-
1 447
-
social contributions
53
-
53
-
total
53
-
53
-
Corporate
923
1 500
-
-
income
323
525
-
-
total
323
525
-
-
Dividends
600
975
-
-
social contributions
60
60
-
-
total
60
60
-
-
Income
1 500
1 500
1 500
1 500
Total tax
546
585
403
398
After tax
954
915
1 097
1 102
Living cost
415
415
415
415
Free-cash
539
500
682
687

Estimated living cost  is $415 per week

$274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$33
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$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
Vilnius , Lithuania
$677
$704
$720
$672
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
-
-
-
1 500
income
-
-
-
225
health
-
-
-
105
social contributions
-
-
-
207
total
-
-
-
537
Employee
388
-
1 500
-
health
27
-
105
-
income
65
-
241
-
social contributions
54
-
207
-
total
146
-
553
-
Employer
388
-
1 500
-
total
-
-
-
-
Corporate
1 112
1 500
-
-
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%.

56
75
-
-
total
56
75
-
-
Dividends
1 056
1 425
-
-
social contributions
146
197
-
-
withholding
158
214
-
-
health
74
99
-
-
total
378
510
-
-
Income
1 500
1 500
1 500
1 500
Total tax
580
585
553
537
After tax
920
915
947
963
Living cost
243
243
243
243
Free-cash
677
672
704
720

Estimated living cost  is $243 per week

$162
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.
$60
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
$597
$441
$465
$713
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
-
-
-
1 500
income
-
-
-
139
health
-
-
-
202
social contributions
-
-
-
374
solidarity contribution
-
-
-
-
total
-
-
-
715
Employee
471
-
1 119
-
health
64
-
151
-
solidarity contribution
-
-
-
-
income
57
-
134
-
social contributions
31
-
73
-
total
152
-
358
-
Employer
471
-
1 119
-
health
42
-
101
-
social contributions
118
-
280
-
total
160
-
381
-
Corporate
869
1 500
-
-
income
165
285
-
-
total
165
285
-
-
Dividends
704
1 215
-
-
withholding
106
182
-
-
total
106
182
-
-
Income
1 500
1 500
1 500
1 500
Total tax
583
467
739
715
After tax
917
1 033
761
785
Living cost
320
320
320
320
Free-cash
597
713
441
465

Estimated living cost  is $320 per week

$238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$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.
$59
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
$1261
$1062
$1347
$1287
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%.

-
-
-
1 500
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
173
-
1 500
-
income
35
-
300
-
total
35
-
300
-
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%.

1 327
1 500
-
-
total
-
-
-
-
Dividends
1 327
1 500
-
-
withholding
66
75
-
-
total
66
75
-
-
Income
1 500
1 500
1 500
1 500
Total tax
101
75
300
15
After tax
1 399
1 425
1 200
1 485
Living cost
138
138
138
138
Free-cash
1 261
1 287
1 062
1 347

Estimated living cost  is $138 per week

$94
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$6
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$34
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

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
$281
$329
$300
$203
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 500
income
-
-
-
193
other
-
-
-
47
health
-
-
-
47
social contributions
-
-
-
43
pensions
-
-
-
317
surtax
-
-
-
-
total
-
-
-
647
Employee
717
-
1 191
-
pensions
81
-
70
-
income
63
-
205
-
social contributions
20
-
34
-
surtax
-
-
-
-
total
164
-
309
-
Employer
717
-
1 191
-
health
50
-
95
-
social contributions
2
-
4
-
pensions
118
-
121
-
unemployment
29
-
48
-
other
25
-
41
-
total
224
-
309
-
Corporate
560
1 500
-
-
income
157
420
-
-
surtax
-
-
-
-
total
157
420
-
-
Dividends
403
1 080
-
-
social contributions
69
186
-
-
surtax
-
-
-
-
withholding
52
138
-
-
total
121
324
-
-
Income
1 500
1 500
1 500
1 500
Total tax
666
744
618
647
After tax
834
756
882
853
Living cost
553
553
553
553
Free-cash
281
203
329
300

Estimated living cost  is $553 per week

$374
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.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$126
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
$831
$659
$657
$887
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.

-
-
-
1 500
pensions
-
-
-
219
unemployment
-
-
-
13
income
-
-
-
327
health
-
-
-
87
total
-
-
-
646
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.

297
-
1 349
-
health
15
-
43
-
unemployment
2
-
6
-
pensions
42
-
118
-
income
41
-
327
-
total
100
-
494
-
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.

297
-
1 349
-
health
15
-
43
-
pensions
36
-
101
-
unemployment
2
-
6
-
total
53
-
150
-
Corporate
1 149
1 500
-
-
income
172
225
-
-
total
172
225
-
-
Dividends
977
1 275
-
-
withholding
147
191
-
-
total
147
191
-
-
Income
1 500
1 500
1 500
1 500
Total tax
472
416
644
646
After tax
1 028
1 084
856
854
Living cost
197
197
197
197
Free-cash
831
887
659
657

Estimated living cost  is $197 per week

$133
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.
$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 Source
Zurich , Switzerland
$242
$376
$450
-$91
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
-
-
-
1 500
pensions
-
-
-
138
city
-
-
-
16
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.

-
-
-
30
health
-
-
-
3
regional
-
-
-
67
national
-
-
-
18
total
-
-
-
272
Employee
911
-
1 343
-
health
2
-
3
-
unemployment
-
-
-
-
city
10
-
14
-
pensions
76
-
113
-
regional
30
-
58
-
national
4
-
15
-
total
122
-
203
-
Employer
911
-
1 343
-
health
2
-
3
-
pensions
76
-
113
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

18
-
27
-
total
96
-
143
-
Corporate
483
1 500
-
-
regional
102
317
-
-
national
41
127
-
-
total
143
444
-
-
Dividends
340
1 055
-
-
withholding
119
369
-
-
total
119
369
-
-
Income
1 500
1 500
1 500
1 500
Total tax
480
813
346
272
After tax
1 020
687
1 154
1 228
Living cost
778
778
778
778
Free-cash
242
-91
376
450

Estimated living cost  is $778 per week

$506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$70
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.
$193
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
$537
$380
$586
$531
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

-
-
-
1 500
municipal
-
-
-
267
health
-
-
-
18
national
-
-
-
190
total
-
-
-
475
Employee
602
-
1 262
-
health
4
-
15
-
unemployment
9
-
19
-
pensions
41
-
85
-
national
10
-
118
-
municipal
99
-
206
-
total
163
-
443
-
Employer
602
-
1 262
-
health
5
-
10
-
pensions
104
-
219
-
accident
1
-
1
-
unemployment
4
-
8
-
total
114
-
238
-
Corporate
784
1 500
-
-
income
157
300
-
-
total
157
300
-
-
Dividends

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

471
900
-
-
municipal
85
162
-
-
national
5
68
-
-
total
90
230
-
-
Income
1 500
1 500
1 500
1 500
Total tax
524
530
681
475
After tax
976
970
819
1 025
Living cost
439
439
439
439
Free-cash
537
531
380
586

Estimated living cost  is $439 per week

$287
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.
$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

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
$250
$140
$250
$423
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
-
-
-
1 500
communal

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

-
-
-
76
social contributions
-
-
-
238
national
-
-
-
519
total
-
-
-
833
Employee

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

818
-
1 162
-
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.

38
-
55
-
communal

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

43
-
61
-
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
-
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.

61
-
87
-
national
252
-
392
-
total
401
-
605
-
Employer

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

818
-
1 162
-
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.

50
-
71
-
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.

73
-
103
-
surtax
93
-
132
-
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.

11
-
15
-
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
-
17
-
total
239
-
338
-
Corporate
443
1 500
-
-
income
89
300
-
-
surtax
2
6
-
-
total
91
306
-
-
Dividends
353
1 194
-
-
withholding

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

102
354
-
-
total
102
354
-
-
Income
1 500
1 500
1 500
1 500
Total tax
833
660
943
833
After tax
667
840
557
667
Living cost
417
417
417
417
Free-cash
250
423
140
250

Estimated living cost  is $417 per week

$269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$36
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$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.
$105
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
$312
$290
$304
$322
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
-
-
-
1 500
unemployment
-
-
-
1
municipal
-
-
-
353
other
-
-
-
126
health
-
-
-
68
national
-
-
-
31
accident
-
-
-
2
pensions
-
-
-
118
total
-
-
-
699
Employee
708
-
1 158
-
national
-
-
26
-
municipal
211
-
345
-
total
211
-
371
-
Employer
708
-
1 158
-
health
44
-
67
-
pensions
76
-
118
-
accident
1
-
2
-
unemployment
19
-
29
-
other
82
-
126
-
total
222
-
342
-
Corporate
570
1 500
-
-
income
125
330
-
-
total
125
330
-
-
Dividends
445
1 170
-
-
withholding
133
351
-
-
total
133
351
-
-
Income
1 500
1 500
1 500
1 500
Total tax
691
681
713
699
After tax
809
819
787
801
Living cost
497
497
497
497
Free-cash
312
322
290
304

Estimated living cost  is $497 per week

$329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$49
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$111
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
-$411
$779
$484
$360
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
-
-
-
1 500
income
-
-
-
292
social contributions
-
-
-
171
total
-
-
-
463
Employee
793
-
-
-
income
175
-
-
-
social contributions
65
-
9
-
total
240
-
9
-
Employer
793
-
-
-
social contributions
1 118
-
159
-
total
1 118
-
159
-
Corporate
-
1 500
-
-
income
-
330
-
-
total
-
330
-
-
Dividends
-
1 170
-
-
income
-
257
-
-
total
-
257
-
-
Income
1 500
1 500
1 500
1 500
Total tax
1 358
587
168
463
After tax
142
913
1 332
1 037
Living cost
553
553
553
553
Free-cash
-411
360
779
484

Estimated living cost  is $553 per week

$359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$52
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.
$135
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
$676
$665
$679
$726
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
-
-
-
1 500
income
-
-
-
227
health
-
-
-
38
social contributions
-
-
-
185
total
-
-
-
450
Employee
880
880
1 376
-
health
9
15
23
-
income
92
81
220
-
social contributions
43
73
98
-
total
144
169
341
-
Employer
880
880
1 376
-
health
10
16
25
-
social contributions
43
73
98
-
total
53
89
123
-
Corporate
933
531
-
-
income
117
66
-
-
total
117
66
-
-
Dividends
816
465
-
-
withholding
139
79
-
-
total
139
79
-
-
Income
1 500
1 500
1 500
1 500
Total tax
453
403
464
450
After tax
1 047
1 097
1 036
1 050
Living cost
371
371
371
371
Free-cash
676
726
665
679

Estimated living cost  is $371 per week

$254
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.
$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.
$82
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
$650
$478
$617
$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
-
-
-
1 500
income
-
-
-
381
pensions
-
-
-
91
total
-
-
-
472
Employee
564
-
1 314
-
health
7
-
21
-
pensions
43
-
115
-
income
103
-
289
-
total
153
-
425
-
Employer
564
-
1 314
-
health
11
-
25
-
pensions
57
-
161
-
total
68
-
186
-
Corporate
868
1 500
-
-
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.

165
285
-
-
total
165
285
-
-
Dividends
703
1 215
-
-
withholding
53
185
-
-
total
53
185
-
-
Income
1 500
1 500
1 500
1 500
Total tax
439
470
611
472
After tax
1 061
1 030
889
1 028
Living cost
411
411
411
411
Free-cash
650
619
478
617

Estimated living cost  is $411 per week

$282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$38
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$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

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
$281
$202
$272
$334
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 500
municipal
-
-
-
10
regional
-
-
-
33
social contributions
-
-
-
386
national
-
-
-
343
total
-
-
-
772
Employee
964
-
1 500
-
social contributions
325
-
506
-
regional
15
-
29
-
national
163
-
298
-
municipal
6
-
9
-
total
509
-
842
-
Employer
964
-
1 500
-
total
-
-
-
-
Corporate
536
1 500
-
-
nationa
129
360
-
-
municipal
26
72
-
-
total
155
432
-
-
Dividends
381
1 068
-
-
withholding
99
278
-
-
total
99
278
-
-
Income
1 500
1 500
1 500
1 500
Total tax
763
710
842
772
After tax
737
790
658
728
Living cost
456
456
456
456
Free-cash
281
334
202
272

Estimated living cost  is $456 per week

$320
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.
$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.
$97
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
$84
$556
$783
-$123
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
-
-
-
1 500
pensions
-
-
-
46
income
-
-
-
396
other
-
-
-
4
health
-
-
-
24
accident
-
-
-
3
total
-
-
-
473
Employee
384
-
1 323
-
health
44
-
151
-
pensions
43
-
85
-
income
53
-
288
-
total
140
-
524
-
Employer
384
-
1 323
-
pensions
63
-
122
-
accident
6
-
22
-
unemployment
9
-
32
-
total
78
-
176
-
Corporate
1 037
1 500
-
-
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.

934
1 350
-
-
total
934
1 350
-
-
Dividends
104
150
-
-
withholding
20
29
-
-
total
20
29
-
-
Income
1 500
1 500
1 500
1 500
Total tax
1 172
1 379
700
473
After tax
328
121
800
1 027
Living cost
244
244
244
244
Free-cash
84
-123
556
783

Estimated living cost  is $244 per week

$179
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.
$47
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

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
$479
$552
$413
$331
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.

-
-
-
1 500
trade
-
-
-
139
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.

-
-
-
406
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.

-
-
-
78
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
-
-
-
645
Employee

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

569
-
1 500
-
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.

78
-
78
-
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.

47
-
406
-
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
128
-
506
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
931
1 500
-
-
income
140
225
-
-
trade
134
215
-
-
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
-
-
chamber of commerce
3
4
-
-
total
285
456
-
-
Dividends
647
1 043
-
-
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
14
-
-
withholding
157
257
-
-
total
166
271
-
-
Income
1 500
1 500
1 500
1 500
Total tax
579
727
506
645
After tax
921
773
994
855
Living cost
442
442
442
442
Free-cash
479
331
552
413

Estimated living cost  is $442 per week

$305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$48
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$83
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

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
$867
$604
$210
$962
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.

-
-
-
1 500
income
-
-
-
231
microenterprise
-
-
-
-
social contributions

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

-
-
-
438
surtax
-
-
-
383
total
-
-
-
1 052
Employee
334
-
1 209
-
income
60
-
234
-
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.

37
-
133
-
surtax
-
-
-
-
total
97
-
367
-
Employer
334
-
1 209
-
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.

81
-
291
-
surtax
-
-
-
-
total
81
-
291
-
Corporate
1 085
1 500
-
-
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%.

217
300
-
-
total
217
300
-
-
Dividends

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

868
1 200
-
-
total
-
-
-
-
Income
1 500
1 500
1 500
1 500
Total tax
395
300
658
1 052
After tax
1 105
1 200
842
448
Living cost
238
238
238
238
Free-cash
867
962
604
210

Estimated living cost  is $238 per week

$152
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$23
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$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
Istanbul , Turkey
$770
$740
$749
$794
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
-
-
-
1 500
income
-
-
-
430
health
-
-
-
75
pensions
-
-
-
104
total
-
-
-
609
Employee
217
-
1 383
-
health
11
-
26
-
unemployment
2
-
5
-
pensions
19
-
47
-
income
42
-
424
-
total
74
-
502
-
Employer
217
-
1 383
-
health
21
-
49
-
pensions
24
-
57
-
unemployment
4
-
10
-
total
49
-
116
-
Corporate
1 235
1 500
-
-
income
272
330
-
-
total
272
330
-
-
Dividends
963
1 170
-
-
withholding
193
234
-
-
total
193
234
-
-
Income
1 500
1 500
1 500
1 500
Total tax
588
564
618
609
After tax
912
936
882
891
Living cost
142
142
142
142
Free-cash
770
794
740
749

Estimated living cost  is $142 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
$649
$433
$458
$687
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
-
-
-
1 500
pensions
-
-
-
300
unemployment
-
-
-
3
income
-
-
-
330
other
-
-
-
-
health
-
-
-
107
surtax
-
-
-
45
total
-
-
-
785
Employee
385
-
1 239
-
health
10
-
32
-
unemployment
27
-
86
-
pensions
26
-
83
-
income
65
-
307
-
other
-
-
-
-
surtax
1
-
42
-
total
129
-
550
-
Employer
385
-
1 239
-
health
18
-
56
-
pensions
51
-
165
-
unemployment
12
-
39
-
other
-
-
-
-
total
81
-
260
-
Corporate
1 034
1 500
-
-
income
269
390
-
-
total
269
390
-
-
Dividends
765
1 110
-
-
withholding
115
166
-
-
total
115
166
-
-
Income
1 500
1 500
1 500
1 500
Total tax
594
556
810
785
After tax
906
944
690
715
Living cost
257
257
257
257
Free-cash
649
687
433
458

Estimated living cost  is $257 per week

$155
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.
$74
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
$465
$45
$393
$469
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
-
-
-
1 500
pensions
-
-
-
247
chamber of commerce
-
-
-
6
unemployment
-
-
-
70
income
-
-
-
317
health
-
-
-
102
surtax
-
-
-
-
total
-
-
-
742
Employee
500
456
1 165
-
health
19
18
45
-
unemployment
15
14
35
-
pensions
51
47
119
-
income
45
34
264
-
other
5
5
12
-
total
135
118
475
-
Employer
500
456
1 165
-
health
19
17
44
-
pensions
63
57
146
-
surtax
-
-
-
-
accident
6
6
15