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
$ 1600
per

Your estimated
City
free-cash

Valencia , Spain
$702
$528
$584
$756
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
-
-
-
1 600
unemployment
-
-
-
7
income
-
-
-
380
other
-
-
-
1
accident
-
-
-
10
pensions
-
-
-
302
total
-
-
-
700
Employee
425
-
1 260
-
unemployment
7
-
17
-
pensions
20
-
50
-
income
82
-
348
-
other
-
-
1
-
total
109
-
416
-
Employer
425
-
1 260
-
pensions
100
-
251
-
accident
8
-
21
-
unemployment
23
-
59
-
other
3
-
9
-
total
134
-
340
-
Corporate
1 039
1 600
-
-
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.

156
240
-
-
total
156
240
-
-
Dividends
884
1 360
-
-
withholding
183
288
-
-
total
183
288
-
-
Income
1 600
1 600
1 600
1 600
Total tax
582
528
756
700
After tax
1 018
1 072
844
900
Living cost
316
316
316
316
Free-cash
702
756
528
584

Estimated living cost  is $316 per week

$213
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
$792
$611
$545
$870
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
-
-
-
1 600
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.

-
-
-
384
income
-
-
-
219
other
-
-
-
76
health
-
-
-
70
total
-
-
-
749
Employee
417
-
1 278
-
health
6
-
18
-
unemployment
4
-
13
-
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
-
89
-
income
72
-
241
-
total
111
-
361
-
Employer
417
-
1 278
-
health
6
-
18
-
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
-
217
-
accident
3
-
10
-
unemployment
4
-
13
-
other
21
-
64
-
total
105
-
322
-
Corporate
1 077
1 600
-
-
income
226
336
-
-
total
226
336
-
-
Dividends
851
1 264
-
-
withholding
60
88
-
-
total
60
88
-
-
Income
1 600
1 600
1 600
1 600
Total tax
502
424
683
749
After tax
1 098
1 176
917
851
Living cost
306
306
306
306
Free-cash
792
870
611
545

Estimated living cost  is $306 per week

$216
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
$1164
$1162
$1102
$1217
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
-
-
-
1 600
pensions

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

-
-
-
59
unemployment
-
-
-
2
income
-
-
-
240
health
-
-
-
46
total
-
-
-
347
Employee
199
-
1 521
-
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.

18
-
35
-
income
20
-
152
-
total
49
-
209
-
Employer
199
-
1 521
-
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
1 361
1 600
-
-
income
136
160
-
-
total
136
160
-
-
Dividends
1 225
1 440
-
-
withholding
61
72
-
-
total
61
72
-
-
Income
1 600
1 600
1 600
1 600
Total tax
285
232
287
347
After tax
1 315
1 368
1 313
1 253
Living cost
151
151
151
151
Free-cash
1 164
1 217
1 162
1 102

Estimated living cost  is $151 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
$482
$534
$515
$414
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
-
-
-
1 600
income
-
-
-
216
other
-
-
-
50
health
-
-
-
54
social contributions
-
-
-
46
pensions
-
-
-
326
surtax
-
-
-
-
total
-
-
-
692
Employee
492
-
1 263
-
pensions
56
-
77
-
income
29
-
223
-
social contributions
14
-
36
-
surtax
-
-
-
-
total
99
-
336
-
Employer
492
-
1 263
-
health
34
-
105
-
social contributions
1
-
4
-
pensions
81
-
132
-
unemployment
20
-
51
-
other
17
-
45
-
total
153
-
337
-
Corporate
954
1 600
-
-
income
267
448
-
-
surtax
-
-
-
-
total
267
448
-
-
Dividends
687
1 152
-
-
social contributions
118
198
-
-
surtax
-
-
-
-
withholding
88
147
-
-
total
206
345
-
-
Income
1 600
1 600
1 600
1 600
Total tax
725
793
673
692
After tax
875
807
927
908
Living cost
393
393
393
393
Free-cash
482
414
534
515

Estimated living cost  is $393 per week

$248
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.
$107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
$233
$466
$430
$304
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
-
-
-
1 600
pensions
-
-
-
135
income
-
-
-
411
health
-
-
-
142
total
-
-
-
688
Employee
982
982
1 386
-
health
151
128
142
-
pensions
177
135
135
-
income

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

161
161
161
-
total
489
424
438
-
Employer
982
982
1 386
-
health
68
68
85
-
pensions
68
68
85
-
unemployment
35
35
44
-
total
171
171
214
-
Corporate
459
446
-
-
income
92
89
-
-
total
92
89
-
-
Dividends
367
357
-
-
income
78
76
-
-
withholding
55
54
-
-
total
133
130
-
-
Income
1 600
1 600
1 600
1 600
Total tax
885
814
652
688
After tax
715
786
948
912
Living cost
482
482
482
482
Free-cash
233
304
466
430

Estimated living cost  is $482 per week

$341
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
$586
$701
$533
$460
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.

-
-
-
1 600
trade
-
-
-
168
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.

-
-
-
447
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.

-
-
-
79
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.

-
-
-
25
total
-
-
-
719
Employee

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

440
-
1 600
-
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.

79
-
79
-
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
-
447
-
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
-
25
-
total
92
-
551
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 160
1 600
-
-
income
174
240
-
-
trade
183
252
-
-
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
13
-
-
chamber of commerce
3
4
-
-
total
370
509
-
-
Dividends
791
1 091
-
-
surtax

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

11
15
-
-
withholding
193
268
-
-
total
204
283
-
-
Income
1 600
1 600
1 600
1 600
Total tax
666
792
551
719
After tax
934
808
1 049
881
Living cost
348
348
348
348
Free-cash
586
460
701
533

Estimated living cost  is $348 per week

$219
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.
$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
$841
$834
$849
$904
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
-
-
-
1 600
income
-
-
-
258
health
-
-
-
41
social contributions
-
-
-
186
total
-
-
-
485
Employee
884
884
1 474
-
health
7
15
25
-
income
96
82
250
-
social contributions
33
73
99
-
total
136
170
374
-
Employer
884
884
1 474
-
health
7
16
27
-
social contributions
33
73
99
-
total
40
89
126
-
Corporate
1 156
626
-
-
income
145
78
-
-
total
145
78
-
-
Dividends
1 012
548
-
-
withholding
172
93
-
-
total
172
93
-
-
Income
1 600
1 600
1 600
1 600
Total tax
493
430
500
485
After tax
1 107
1 170
1 100
1 115
Living cost
266
266
266
266
Free-cash
841
904
834
849

Estimated living cost  is $266 per week

$160
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.
$75
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
$537
$402
$510
$549
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.

-
-
-
1 600
income
-
-
-
173
social contributions

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

-
-
-
556
surtax
-
-
-
-
total
-
-
-
729
Employee
529
-
1 293
-
income
110
-
388
-
social contributions
58
-
142
-
surtax
-
-
-
-
total
168
-
530
-
Employer
529
-
1 293
-
social contributions
126
-
307
-
total
126
-
307
-
Corporate
946
1 600
-
-
income
199
336
-
-
surtax
-
-
-
-
total
199
336
-
-
Dividends
747
1 264
-
-
withholding
209
354
-
-
total
209
354
-
-
Income
1 600
1 600
1 600
1 600
Total tax
702
690
837
729
After tax
898
910
763
871
Living cost
361
361
361
361
Free-cash
537
549
402
510

Estimated living cost  is $361 per week

$270
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.
$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
Batumi , Georgia
$1418
$1194
$1498
$1434
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%.

-
-
-
1 600
microenterprise

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

-
-
-
16
total
-
-
-
16
Employee
107
-
1 600
-
income
21
-
320
-
total
21
-
320
-
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%.

1 493
1 600
-
-
total
-
-
-
-
Dividends
1 493
1 600
-
-
withholding
75
80
-
-
total
75
80
-
-
Income
1 600
1 600
1 600
1 600
Total tax
96
80
320
16
After tax
1 504
1 520
1 280
1 584
Living cost
86
86
86
86
Free-cash
1 418
1 434
1 194
1 498

Estimated living cost  is $86 per week

$53
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.
$23
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
$697
$452
$496
$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

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.

-
-
-
1 600
pensions
-
-
-
292
unemployment
-
-
-
2
income
-
-
-
345
health
-
-
-
157
total
-
-
-
796
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.

508
-
1 384
-
health
33
-
89
-
unemployment
1
-
2
-
pensions
79
-
215
-
income
88
-
318
-
total
201
-
624
-
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.

508
-
1 384
-
health
34
-
92
-
pensions
45
-
123
-
unemployment
-
-
1
-
total
79
-
216
-
Corporate
1 013
1 600
-
-
income
192
304
-
-
total
192
304
-
-
Dividends
820
1 296
-
-
withholding
123
194
-
-
total
123
194
-
-
Income
1 600
1 600
1 600
1 600
Total tax
595
498
840
796
After tax
1 005
1 102
760
804
Living cost
308
308
308
308
Free-cash
697
794
452
496

Estimated living cost  is $308 per week

$212
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
$602
$746
$784
$562
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.

-
-
-
1 600
income
-
-
-
327
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
-
-
-
399
Employee
527
-
1 547
-
social contributions
53
-
53
-
income
57
-
331
-
total
110
-
384
-
Employer
527
-
1 547
-
social contributions
53
-
53
-
total
53
-
53
-
Corporate
1 020
1 600
-
-
income
357
560
-
-
total
357
560
-
-
Dividends
663
1 040
-
-
social contributions
61
61
-
-
total
61
61
-
-
Income
1 600
1 600
1 600
1 600
Total tax
581
621
437
399
After tax
1 019
979
1 163
1 201
Living cost
417
417
417
417
Free-cash
602
562
746
784

Estimated living cost  is $417 per week

$275
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
$738
$762
$783
$732
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
-
-
-
1 600
income
-
-
-
240
health
-
-
-
112
social contributions
-
-
-
221
total
-
-
-
573
Employee
390
-
1 600
-
health
27
-
112
-
income
65
-
261
-
social contributions
54
-
221
-
total
146
-
594
-
Employer
390
-
1 600
-
total
-
-
-
-
Corporate
1 210
1 600
-
-
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%.

61
80
-
-
total
61
80
-
-
Dividends
1 150
1 520
-
-
social contributions
159
210
-
-
withholding
172
228
-
-
health
80
106
-
-
total
411
544
-
-
Income
1 600
1 600
1 600
1 600
Total tax
618
624
594
573
After tax
982
976
1 006
1 027
Living cost
244
244
244
244
Free-cash
738
732
762
783

Estimated living cost  is $244 per week

$163
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
$665
$491
$537
$781
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
-
-
-
1 600
income
-
-
-
151
health
-
-
-
216
social contributions
-
-
-
375
solidarity contribution
-
-
-
-
total
-
-
-
742
Employee
472
-
1 194
-
health
64
-
161
-
solidarity contribution
-
-
-
-
income
57
-
143
-
social contributions
31
-
78
-
total
152
-
382
-
Employer
472
-
1 194
-
health
42
-
107
-
social contributions
118
-
299
-
total
160
-
406
-
Corporate
967
1 600
-
-
income
184
304
-
-
total
184
304
-
-
Dividends
783
1 296
-
-
withholding
118
194
-
-
total
118
194
-
-
Income
1 600
1 600
1 600
1 600
Total tax
614
498
788
742
After tax
986
1 102
812
858
Living cost
321
321
321
321
Free-cash
665
781
491
537

Estimated living cost  is $321 per week

$239
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
$1362
$1147
$1451
$1387
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%.

-
-
-
1 600
microenterprise

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

-
-
-
16
total
-
-
-
16
Employee
167
-
1 600
-
income
33
-
320
-
total
33
-
320
-
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%.

1 433
1 600
-
-
total
-
-
-
-
Dividends
1 433
1 600
-
-
withholding
72
80
-
-
total
72
80
-
-
Income
1 600
1 600
1 600
1 600
Total tax
105
80
320
16
After tax
1 495
1 520
1 280
1 584
Living cost
133
133
133
133
Free-cash
1 362
1 387
1 147
1 451

Estimated living cost  is $133 per week

$90
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.
$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.
$33
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
$332
$372
$353
$252
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 600
income
-
-
-
216
other
-
-
-
50
health
-
-
-
54
social contributions
-
-
-
46
pensions
-
-
-
326
surtax
-
-
-
-
total
-
-
-
692
Employee
720
-
1 263
-
pensions
81
-
77
-
income
63
-
223
-
social contributions
21
-
36
-
surtax
-
-
-
-
total
165
-
336
-
Employer
720
-
1 263
-
health
50
-
105
-
social contributions
2
-
4
-
pensions
118
-
132
-
unemployment
29
-
51
-
other
25
-
45
-
total
224
-
337
-
Corporate
655
1 600
-
-
income
183
448
-
-
surtax
-
-
-
-
total
183
448
-
-
Dividends
472
1 152
-
-
social contributions
81
198
-
-
surtax
-
-
-
-
withholding
60
147
-
-
total
141
345
-
-
Income
1 600
1 600
1 600
1 600
Total tax
713
793
673
692
After tax
887
807
927
908
Living cost
555
555
555
555
Free-cash
332
252
372
353

Estimated living cost  is $555 per week

$376
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
$903
$729
$730
$958
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.

-
-
-
1 600
pensions
-
-
-
220
unemployment
-
-
-
13
income
-
-
-
352
health
-
-
-
87
total
-
-
-
672
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.

299
-
1 448
-
health
15
-
44
-
unemployment
2
-
6
-
pensions
42
-
119
-
income
41
-
352
-
total
100
-
521
-
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.

299
-
1 448
-
health
15
-
44
-
pensions
36
-
102
-
unemployment
2
-
6
-
total
53
-
152
-
Corporate
1 248
1 600
-
-
income
187
240
-
-
total
187
240
-
-
Dividends
1 061
1 360
-
-
withholding
159
204
-
-
total
159
204
-
-
Income
1 600
1 600
1 600
1 600
Total tax
499
444
673
672
After tax
1 101
1 156
927
928
Living cost
198
198
198
198
Free-cash
903
958
729
730

Estimated living cost  is $198 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.
$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
Zurich , Switzerland
$274
$432
$508
-$66
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
-
-
-
1 600
pensions
-
-
-
147
city
-
-
-
17
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.

-
-
-
32
health
-
-
-
4
regional
-
-
-
73
national
-
-
-
20
total
-
-
-
293
Employee
934
-
1 432
-
health
2
-
3
-
unemployment
-
-
-
-
city
10
-
15
-
pensions
79
-
120
-
regional
31
-
63
-
national
4
-
17
-
total
126
-
218
-
Employer
934
-
1 432
-
health
2
-
3
-
pensions
79
-
120
-
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.

19
-
29
-
total
100
-
152
-
Corporate
556
1 600
-
-
regional
118
338
-
-
national
47
136
-
-
total
165
474
-
-
Dividends
391
1 126
-
-
withholding
137
394
-
-
total
137
394
-
-
Income
1 600
1 600
1 600
1 600
Total tax
528
868
370
293
After tax
1 072
732
1 230
1 307
Living cost
798
798
798
798
Free-cash
274
-66
432
508

Estimated living cost  is $798 per week

$519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$72
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.
$198
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
$600
$426
$645
$588
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

-
-
-
1 600
municipal
-
-
-
284
health
-
-
-
20
national
-
-
-
210
total
-
-
-
514
Employee
605
-
1 346
-
health
5
-
16
-
unemployment
9
-
20
-
pensions
41
-
91
-
national
10
-
133
-
municipal
99
-
219
-
total
164
-
479
-
Employer
605
-
1 346
-
health
5
-
10
-
pensions
105
-
234
-
accident
1
-
1
-
unemployment
4
-
9
-
total
115
-
254
-
Corporate
881
1 600
-
-
income
176
320
-
-
total
176
320
-
-
Dividends

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

529
960
-
-
municipal
95
173
-
-
national
9
78
-
-
total
104
251
-
-
Income
1 600
1 600
1 600
1 600
Total tax
559
571
733
514
After tax
1 041
1 029
867
1 086
Living cost
441
441
441
441
Free-cash
600
588
426
645

Estimated living cost  is $441 per week

$288
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.
$104
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
$303
$167
$287
$477
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
-
-
-
1 600
communal

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

-
-
-
81
social contributions
-
-
-
252
national
-
-
-
561
total
-
-
-
894
Employee

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

822
-
1 239
-
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.

39
-
58
-
communal

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

43
-
65
-
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
-
11
-
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.

62
-
93
-
national
253
-
426
-
total
404
-
653
-
Employer

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

822
-
1 239
-
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.

51
-
76
-
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
-
110
-
surtax
93
-
141
-
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
-
16
-
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
-
18
-
total
240
-
361
-
Corporate
538
1 600
-
-
income
108
320
-
-
surtax
2
6
-
-
total
110
326
-
-
Dividends
429
1 274
-
-
withholding

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

124
378
-
-
total
124
378
-
-
Income
1 600
1 600
1 600
1 600
Total tax
878
704
1 014
894
After tax
722
896
586
706
Living cost
419
419
419
419
Free-cash
303
477
167
287

Estimated living cost  is $419 per week

$270
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.
$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
Stockholm , Sweden
$366
$339
$353
$377
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
-
-
-
1 600
unemployment
-
-
-
1
municipal
-
-
-
383
other
-
-
-
127
health
-
-
-
68
national
-
-
-
51
accident
-
-
-
2
pensions
-
-
-
118
total
-
-
-
750
Employee
709
-
1 258
-
national
-
-
46
-
municipal
211
-
375
-
total
211
-
421
-
Employer
709
-
1 258
-
health
44
-
67
-
pensions
77
-
118
-
accident
1
-
2
-
unemployment
19
-
29
-
other
82
-
127
-
total
223
-
343
-
Corporate
669
1 600
-
-
income
147
352
-
-
total
147
352
-
-
Dividends
522
1 248
-
-
withholding
156
374
-
-
total
156
374
-
-
Income
1 600
1 600
1 600
1 600
Total tax
737
726
764
750
After tax
863
874
836
850
Living cost
497
497
497
497
Free-cash
366
377
339
353

Estimated living cost  is $497 per week

$330
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
-$298
$884
$557
$424
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
-
-
-
1 600
income
-
-
-
312
social contributions
-
-
-
182
total
-
-
-
494
Employee
787
-
-
-
income
174
-
-
-
social contributions
65
-
9
-
total
239
-
9
-
Employer
787
-
-
-
social contributions
1 110
-
158
-
total
1 110
-
158
-
Corporate
-
1 600
-
-
income
-
352
-
-
total
-
352
-
-
Dividends
-
1 248
-
-
income
-
275
-
-
total
-
275
-
-
Income
1 600
1 600
1 600
1 600
Total tax
1 349
627
167
494
After tax
251
973
1 433
1 106
Living cost
549
549
549
549
Free-cash
-298
424
884
557

Estimated living cost  is $549 per week

$356
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.
$134
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
$747
$727
$742
$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
-
-
-
1 600
income
-
-
-
258
health
-
-
-
41
social contributions
-
-
-
186
total
-
-
-
485
Employee
884
884
1 474
-
health
9
15
25
-
income
93
82
250
-
social contributions
43
73
99
-
total
145
170
374
-
Employer
884
884
1 474
-
health
10
16
27
-
social contributions
43
73
99
-
total
53
89
126
-
Corporate
1 030
626
-
-
income
129
78
-
-
total
129
78
-
-
Dividends
901
548
-
-
withholding
153
93
-
-
total
153
93
-
-
Income
1 600
1 600
1 600
1 600
Total tax
480
430
500
485
After tax
1 120
1 170
1 100
1 115
Living cost
373
373
373
373
Free-cash
747
797
727
742

Estimated living cost  is $373 per week

$255
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.
$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
Edinburgh , United Kingdom
$728
$530
$678
$675
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
-
-
-
1 600
income
-
-
-
421
pensions
-
-
-
92
total
-
-
-
513
Employee
562
-
1 401
-
health
7
-
22
-
pensions
43
-
116
-
income
102
-
323
-
total
152
-
461
-
Employer
562
-
1 401
-
health
11
-
27
-
pensions
57
-
173
-
total
68
-
200
-
Corporate
971
1 600
-
-
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.

184
304
-
-
total
184
304
-
-
Dividends
786
1 296
-
-
withholding
59
212
-
-
total
59
212
-
-
Income
1 600
1 600
1 600
1 600
Total tax
463
516
661
513
After tax
1 137
1 084
939
1 087
Living cost
409
409
409
409
Free-cash
728
675
530
678

Estimated living cost  is $409 per week

$281
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
$331
$238
$312
$385
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
-
-
-
1 600
municipal
-
-
-
11
regional
-
-
-
36
social contributions
-
-
-
412
national
-
-
-
371
total
-
-
-
830
Employee
969
-
1 600
-
social contributions
327
-
540
-
regional
15
-
31
-
national
164
-
323
-
municipal
6
-
10
-
total
512
-
904
-
Employer
969
-
1 600
-
total
-
-
-
-
Corporate
631
1 600
-
-
nationa
152
384
-
-
municipal
30
77
-
-
total
182
461
-
-
Dividends
449
1 139
-
-
withholding
117
296
-
-
total
117
296
-
-
Income
1 600
1 600
1 600
1 600
Total tax
811
757
904
830
After tax
789
843
696
770
Living cost
458
458
458
458
Free-cash
331
385
238
312

Estimated living cost  is $458 per week

$322
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.
$98
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
$93
$613
$852
-$113
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
-
-
-
1 600
pensions
-
-
-
46
income
-
-
-
428
other
-
-
-
4
health
-
-
-
24
accident
-
-
-
3
total
-
-
-
505
Employee
383
-
1 420
-
health
44
-
163
-
pensions
43
-
84
-
income
53
-
316
-
total
140
-
563
-
Employer
383
-
1 420
-
pensions
62
-
122
-
accident
6
-
24
-
unemployment
9
-
35
-
total
77
-
181
-
Corporate
1 139
1 600
-
-
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.

1 025
1 440
-
-
total
1 025
1 440
-
-
Dividends
114
160
-
-
withholding
22
30
-
-
total
22
30
-
-
Income
1 600
1 600
1 600
1 600
Total tax
1 264
1 470
744
505
After tax
336
130
856
1 095
Living cost
243
243
243
243
Free-cash
93
-113
613
852

Estimated living cost  is $243 per week

$178
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.
$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

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
$530
$605
$452
$380
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.

-
-
-
1 600
trade
-
-
-
153
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.

-
-
-
447
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.

-
-
-
79
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.

-
-
-
25
total
-
-
-
704
Employee

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

572
-
1 600
-
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.

79
-
79
-
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
-
447
-
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
-
25
-
total
129
-
551
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 028
1 600
-
-
income
154
240
-
-
trade
148
230
-
-
surtax

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

8
13
-
-
chamber of commerce
3
4
-
-
total
313
487
-
-
Dividends
715
1 113
-
-
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
15
-
-
withholding
174
274
-
-
total
184
289
-
-
Income
1 600
1 600
1 600
1 600
Total tax
626
776
551
704
After tax
974
824
1 049
896
Living cost
444
444
444
444
Free-cash
530
380
605
452

Estimated living cost  is $444 per week

$306
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
$946
$657
$259
$1041
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.

-
-
-
1 600
income
-
-
-
254
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.

-
-
-
440
surtax
-
-
-
408
total
-
-
-
1 102
Employee
336
-
1 289
-
income
60
-
251
-
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
-
142
-
surtax
-
-
-
-
total
97
-
393
-
Employer
336
-
1 289
-
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
-
311
-
surtax
-
-
-
-
total
81
-
311
-
Corporate
1 183
1 600
-
-
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%.

237
320
-
-
total
237
320
-
-
Dividends

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

947
1 280
-
-
total
-
-
-
-
Income
1 600
1 600
1 600
1 600
Total tax
415
320
704
1 102
After tax
1 185
1 280
896
498
Living cost
239
239
239
239
Free-cash
946
1 041
657
259

Estimated living cost  is $239 per week

$153
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
$836
$808
$818
$858
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
-
-
-
1 600
income
-
-
-
466
health
-
-
-
74
pensions
-
-
-
102
total
-
-
-
642
Employee
214
-
1 485
-
health
11
-
26
-
unemployment
2
-
5
-
pensions
19
-
46
-
income
41
-
460
-
total
73
-
537
-
Employer
214
-
1 485
-
health
20
-
49
-
pensions
24
-
56
-
unemployment
4
-
10
-
total
48
-
115
-
Corporate
1 338
1 600
-
-
income
294
352
-
-
total
294
352
-
-
Dividends
1 044
1 248
-
-
withholding
209
250
-
-
total
209
250
-
-
Income
1 600
1 600
1 600
1 600
Total tax
624
602
652
642
After tax
976
998
948
958
Living cost
140
140
140
140
Free-cash
836
858
808
818

Estimated living cost  is $140 per week

$83
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.
$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.
$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
Athens , Greece
$711
$466
$501
$748
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
-
-
-
1 600
pensions
-
-
-
307
unemployment
-
-
-
3
income
-
-
-
370
other
-
-
-
-
health
-
-
-
109
surtax
-
-
-
52
total
-
-
-
841
Employee
387
-
1 322
-
health
10
-
34
-
unemployment
27
-
92
-
pensions
26
-
88
-
income
65
-
337
-
other
-
-
-
-
surtax
1
-
47
-
total
129
-
598
-
Employer
387
-
1 322
-
health
18
-
60
-
pensions
52
-
176
-
unemployment
12
-
42
-
other
-
-
-
-
total
82
-
278
-
Corporate
1 131
1 600
-
-
income
294
416
-
-
total
294
416
-
-
Dividends
837
1 184
-
-
withholding
126
178
-
-
total
126
178
-
-
Income
1 600
1 600
1 600
1 600
Total tax
631
594
876
841
After tax
969
1 006
724
759
Living cost
258
258
258
258
Free-cash
711
748
466
501

Estimated living cost  is $258 per week

$156
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
$518
$62
$448
$521
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
-
-
-
1 600
pensions
-
-
-
248
chamber of commerce
-
-
-
6
unemployment
-
-
-
71
income
-
-
-
357
health
-
-
-
103
surtax
-
-
-
-
total
-
-
-
785
Employee
502
458
1 242
-
health
19
18
48
-
unemployment
15
14
37
-
pensions
51
47
127
-
income
45
34
290
-
other
5
5
12
-
total
135
118
514
-
Employer
502
458
1 242
-
health
19
17
47
-
pensions
63
58
156
-
surtax
-
-
-
-
accident
7