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
$544
$596
$764
$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
-
-
-
1 600
income
-
-
-
387
accident
-
-
-
9
unemployment
-
-
-
7
pensions
-
-
-
293
other
-
-
-
1
total
-
-
-
697
Employee
413
-
1 270
-
other
-
-
1
-
income
80
-
354
-
unemployment
6
-
16
-
pensions
19
-
49
-
total
105
-
420
-
Employer
413
-
1 270
-
unemployment
23
-
57
-
pensions
97
-
244
-
other
3
-
8
-
accident
8
-
20
-
total
131
-
329
-
Corporate
1 055
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.

158
240
-
-
total
158
240
-
-
Dividends
897
1 360
-
-
withholding
186
289
-
-
total
186
289
-
-
Income
1 600
1 600
1 600
1 600
Total tax
580
529
749
697
After tax
1 020
1 071
851
903
Living cost
307
307
307
307
Free-cash
713
764
544
596

Estimated living cost  is $307 per week

$207
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.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$65
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
$618
$552
$878
$803
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
-
-
-
220
health
-
-
-
70
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
other
-
-
-
76
total
-
-
-
750
Employee
406
-
1 278
-
income
70
-
242
-
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.

28
-
89
-
total
108
-
362
-
Employer
406
-
1 278
-
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.

69
-
217
-
other
20
-
64
-
accident
3
-
10
-
health
6
-
18
-
total
102
-
322
-
Corporate
1 092
1 600
-
-
income
229
336
-
-
total
229
336
-
-
Dividends
863
1 264
-
-
withholding
60
88
-
-
total
60
88
-
-
Income
1 600
1 600
1 600
1 600
Total tax
499
424
684
750
After tax
1 101
1 176
916
850
Living cost
298
298
298
298
Free-cash
803
878
618
552

Estimated living cost  is $298 per week

$210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$62
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
$1170
$1109
$1222
$1171
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
-
-
-
45
unemployment
-
-
-
2
pensions

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

-
-
-
58
total
-
-
-
345
Employee
194
-
1 524
-
income
19
-
152
-
health
9
-
18
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
pensions

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

17
-
34
-
total
47
-
208
-
Employer
194
-
1 524
-
unemployment
1
-
2
-
pensions

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

21
-
43
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
health
13
-
27
-
total
37
-
76
-
Corporate
1 368
1 600
-
-
income
137
160
-
-
total
137
160
-
-
Dividends
1 232
1 440
-
-
withholding
62
72
-
-
total
62
72
-
-
Income
1 600
1 600
1 600
1 600
Total tax
283
232
284
345
After tax
1 317
1 368
1 316
1 255
Living cost
146
146
146
146
Free-cash
1 171
1 222
1 170
1 109

Estimated living cost  is $146 per week

$85
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$10
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$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
Nice , France
$538
$525
$425
$492
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
-
-
-
221
social contributions
-
-
-
46
health
-
-
-
56
surtax
-
-
-
-
pensions
-
-
-
320
other
-
-
-
50
total
-
-
-
693
Employee
478
-
1 260
-
income
28
-
225
-
social contributions
14
-
36
-
surtax
-
-
-
-
pensions
54
-
79
-
total
96
-
340
-
Employer
478
-
1 260
-
unemployment
19
-
51
-
social contributions
1
-
4
-
pensions
79
-
134
-
other
16
-
45
-
health
33
-
106
-
total
148
-
340
-
Corporate
973
1 600
-
-
income
272
448
-
-
surtax
-
-
-
-
total
272
448
-
-
Dividends
700
1 152
-
-
withholding
90
147
-
-
surtax
-
-
-
-
social contributions
120
198
-
-
total
210
345
-
-
Income
1 600
1 600
1 600
1 600
Total tax
726
793
680
693
After tax
874
807
920
907
Living cost
382
382
382
382
Free-cash
492
425
538
525

Estimated living cost  is $382 per week

$241
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.
$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
Rotterdam , Netherlands
$491
$441
$319
$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
-
-
-
422
health
-
-
-
138
pensions
-
-
-
131
total
-
-
-
691
Employee
954
954
1 392
-
income

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

156
156
164
-
health
146
125
138
-
pensions
172
131
131
-
total
474
412
433
-
Employer
954
954
1 392
-
unemployment
34
34
43
-
pensions
66
66
83
-
health
66
66
82
-
total
166
166
208
-
Corporate
491
479
-
-
income
98
96
-
-
total
98
96
-
-
Dividends
393
383
-
-
withholding
59
58
-
-
income
83
81
-
-
total
142
139
-
-
Income
1 600
1 600
1 600
1 600
Total tax
880
813
641
691
After tax
720
787
959
909
Living cost
468
468
468
468
Free-cash
252
319
491
441

Estimated living cost  is $468 per week

$332
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.
$87
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
$707
$537
$470
$592
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
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.

-
-
-
454
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
76
trade
-
-
-
170
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
-
-
-
725
Employee

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

427
-
1 600
-
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
-
454
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

76
-
76
-
surtax

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

1
-
25
-
total
89
-
555
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 173
1 600
-
-
chamber of commerce
3
4
-
-
income
176
240
-
-
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
-
-
trade
185
252
-
-
total
374
509
-
-
Dividends
799
1 091
-
-
withholding
196
268
-
-
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
-
-
total
207
283
-
-
Income
1 600
1 600
1 600
1 600
Total tax
670
792
555
725
After tax
930
808
1 045
875
Living cost
338
338
338
338
Free-cash
592
470
707
537

Estimated living cost  is $338 per week

$213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$39
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$80
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Larnaca , Cyprus
$839
$853
$909
$849
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
-
-
-
266
social contributions
-
-
-
181
health
-
-
-
41
total
-
-
-
488
Employee
859
859
1 477
-
income
94
80
258
-
social contributions
32
71
96
-
health
7
15
25
-
total
133
166
379
-
Employer
859
859
1 477
-
social contributions
32
71
96
-
health
7
16
27
-
total
39
87
123
-
Corporate
1 169
654
-
-
income
146
82
-
-
total
146
82
-
-
Dividends
1 023
572
-
-
withholding
174
97
-
-
total
174
97
-
-
Income
1 600
1 600
1 600
1 600
Total tax
492
432
502
488
After tax
1 108
1 168
1 098
1 112
Living cost
259
259
259
259
Free-cash
849
909
839
853

Estimated living cost  is $259 per week

$155
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$73
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
$409
$519
$560
$548
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
-
-
-
175
social contributions

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

-
-
-
556
surtax
-
-
-
-
total
-
-
-
731
Employee
514
-
1 293
-
income
107
-
392
-
social contributions
57
-
142
-
surtax
-
-
-
-
total
164
-
534
-
Employer
514
-
1 293
-
social contributions
122
-
307
-
total
122
-
307
-
Corporate
964
1 600
-
-
income
203
336
-
-
surtax
-
-
-
-
total
203
336
-
-
Dividends
762
1 264
-
-
withholding
213
354
-
-
total
213
354
-
-
Income
1 600
1 600
1 600
1 600
Total tax
702
690
841
731
After tax
898
910
759
869
Living cost
350
350
350
350
Free-cash
548
560
409
519

Estimated living cost  is $350 per week

$262
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.
$62
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
$1200
$1504
$1440
$1425
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
99
-
1 600
-
income
20
-
320
-
total
20
-
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%.

1 501
1 600
-
-
total
-
-
-
-
Dividends
1 501
1 600
-
-
withholding
75
80
-
-
total
75
80
-
-
Income
1 600
1 600
1 600
1 600
Total tax
95
80
320
16
After tax
1 505
1 520
1 280
1 584
Living cost
80
80
80
80
Free-cash
1 425
1 440
1 200
1 504

Estimated living cost  is $80 per week

$49
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$7
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$2
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$21
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Ljubljana , Slovenia
$457
$501
$802
$707
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
income
-
-
-
348
health
-
-
-
157
unemployment
-
-
-
2
pensions
-
-
-
292
total
-
-
-
799
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.

494
-
1 384
-
income
85
-
321
-
health
32
-
89
-
unemployment
1
-
2
-
pensions
77
-
215
-
total
195
-
627
-
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.

494
-
1 384
-
unemployment
-
-
1
-
pensions
44
-
123
-
health
33
-
92
-
total
77
-
216
-
Corporate
1 029
1 600
-
-
income
196
304
-
-
total
196
304
-
-
Dividends
834
1 296
-
-
withholding
125
194
-
-
total
125
194
-
-
Income
1 600
1 600
1 600
1 600
Total tax
593
498
843
799
After tax
1 007
1 102
757
801
Living cost
300
300
300
300
Free-cash
707
802
457
501

Estimated living cost  is $300 per week

$206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$19
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$69
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
$756
$805
$576
$615
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
-
-
-
318
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
-
-
-
390
Employee
512
-
1 549
-
social contributions
51
-
51
-
income
56
-
337
-
total
107
-
388
-
Employer
512
-
1 549
-
social contributions
51
-
51
-
total
51
-
51
-
Corporate
1 036
1 600
-
-
income
363
560
-
-
total
363
560
-
-
Dividends
674
1 040
-
-
social contributions
59
59
-
-
total
59
59
-
-
Income
1 600
1 600
1 600
1 600
Total tax
580
619
439
390
After tax
1 020
981
1 161
1 210
Living cost
405
405
405
405
Free-cash
615
576
756
805

Estimated living cost  is $405 per week

$267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$32
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
$768
$790
$739
$746
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
social contributions
-
-
-
221
health
-
-
-
112
total
-
-
-
573
Employee
379
-
1 600
-
income
63
-
262
-
social contributions
52
-
221
-
health
26
-
112
-
total
141
-
595
-
Employer
379
-
1 600
-
total
-
-
-
-
Corporate
1 221
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
1 160
1 520
-
-
withholding
174
228
-
-
health
81
106
-
-
social contributions
160
210
-
-
total
415
544
-
-
Income
1 600
1 600
1 600
1 600
Total tax
617
624
595
573
After tax
983
976
1 005
1 027
Living cost
237
237
237
237
Free-cash
746
739
768
790

Estimated living cost  is $237 per week

$159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
$508
$571
$798
$689
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
-
-
-
154
social contributions
-
-
-
355
solidarity contribution
-
-
-
-
health
-
-
-
216
total
-
-
-
725
Employee
447
-
1 194
-
solidarity contribution
-
-
-
-
income
54
-
143
-
social contributions
29
-
78
-
health
60
-
161
-
total
143
-
382
-
Employer
447
-
1 194
-
social contributions
112
-
299
-
health
40
-
107
-
total
152
-
406
-
Corporate
1 001
1 600
-
-
income
190
304
-
-
total
190
304
-
-
Dividends
811
1 296
-
-
withholding
122
194
-
-
total
122
194
-
-
Income
1 600
1 600
1 600
1 600
Total tax
607
498
788
725
After tax
993
1 102
812
875
Living cost
304
304
304
304
Free-cash
689
798
508
571

Estimated living cost  is $304 per week

$226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$56
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
$1156
$1460
$1396
$1373
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
155
-
1 600
-
income
31
-
320
-
total
31
-
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%.

1 445
1 600
-
-
total
-
-
-
-
Dividends
1 445
1 600
-
-
withholding
72
80
-
-
total
72
80
-
-
Income
1 600
1 600
1 600
1 600
Total tax
103
80
320
16
After tax
1 497
1 520
1 280
1 584
Living cost
124
124
124
124
Free-cash
1 373
1 396
1 156
1 460

Estimated living cost  is $124 per week

$84
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$5
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$31
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Paris , France
$381
$368
$268
$345
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
-
-
-
221
social contributions
-
-
-
46
health
-
-
-
56
surtax
-
-
-
-
pensions
-
-
-
320
other
-
-
-
50
total
-
-
-
693
Employee
700
-
1 260
-
income
61
-
225
-
social contributions
20
-
36
-
surtax
-
-
-
-
pensions
79
-
79
-
total
160
-
340
-
Employer
700
-
1 260
-
unemployment
28
-
51
-
social contributions
2
-
4
-
pensions
115
-
134
-
other
24
-
45
-
health
49
-
106
-
total
218
-
340
-
Corporate
682
1 600
-
-
income
191
448
-
-
surtax
-
-
-
-
total
191
448
-
-
Dividends
491
1 152
-
-
withholding
63
147
-
-
surtax
-
-
-
-
social contributions
84
198
-
-
total
147
345
-
-
Income
1 600
1 600
1 600
1 600
Total tax
716
793
680
693
After tax
884
807
920
907
Living cost
539
539
539
539
Free-cash
345
268
381
368

Estimated living cost  is $539 per week

$365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$44
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$123
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
$744
$743
$963
$908
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
income
-
-
-
353
health
-
-
-
85
unemployment
-
-
-
12
pensions
-
-
-
214
total
-
-
-
664
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.

291
-
1 453
-
income
40
-
353
-
health
15
-
42
-
unemployment
2
-
6
-
pensions
41
-
115
-
total
98
-
516
-
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.

291
-
1 453
-
unemployment
2
-
6
-
pensions
35
-
99
-
health
15
-
42
-
total
52
-
147
-
Corporate
1 257
1 600
-
-
income
189
240
-
-
total
189
240
-
-
Dividends
1 069
1 360
-
-
withholding
160
204
-
-
total
160
204
-
-
Income
1 600
1 600
1 600
1 600
Total tax
499
444
663
664
After tax
1 101
1 156
937
936
Living cost
193
193
193
193
Free-cash
908
963
744
743

Estimated living cost  is $193 per week

$130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$42
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
$449
$525
-$48
$285
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
regional
-
-
-
74
national
-
-
-
21
health
-
-
-
4
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
pensions
-
-
-
147
total
-
-
-
295
Employee
913
-
1 432
-
regional
30
-
64
-
city
10
-
15
-
health
2
-
3
-
unemployment
-
-
-
-
national
4
-
17
-
pensions
77
-
120
-
total
123
-
219
-
Employer
913
-
1 432
-
unemployment
-
-
-
-
pensions
77
-
120
-
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
-
29
-
health
2
-
3
-
total
97
-
152
-
Corporate
580
1 600
-
-
regional
123
338
-
-
national
49
136
-
-
total
172
474
-
-
Dividends
408
1 126
-
-
withholding
143
394
-
-
total
143
394
-
-
Income
1 600
1 600
1 600
1 600
Total tax
535
868
371
295
After tax
1 065
732
1 229
1 305
Living cost
780
780
780
780
Free-cash
285
-48
449
525

Estimated living cost  is $780 per week

$507
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
$434
$653
$596
$613
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
national
-
-
-
214
health
-
-
-
20
total
-
-
-
518
Employee
588
-
1 346
-
health
4
-
16
-
unemployment
9
-
20
-
national
10
-
137
-
municipal
96
-
219
-
pensions
40
-
91
-
total
159
-
483
-
Employer
588
-
1 346
-
unemployment
4
-
9
-
pensions
102
-
234
-
accident
1
-
1
-
health
5
-
10
-
total
112
-
254
-
Corporate
901
1 600
-
-
income
180
320
-
-
total
180
320
-
-
Dividends

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

541
960
-
-
national
10
82
-
-
municipal
97
173
-
-
total
107
255
-
-
Income
1 600
1 600
1 600
1 600
Total tax
558
575
737
518
After tax
1 042
1 025
863
1 082
Living cost
429
429
429
429
Free-cash
613
596
434
653

Estimated living cost  is $429 per week

$280
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.
$101
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
$176
$296
$489
$319
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
national
-
-
-
565
social contributions
-
-
-
251
communal

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

-
-
-
81
total
-
-
-
897
Employee

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

799
-
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.

38
-
58
-
communal

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

42
-
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
-
national
246
-
429
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

60
-
93
-
total
393
-
656
-
Employer

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

799
-
1 239
-
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
-
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.

71
-
110
-
surtax
91
-
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.

10
-
16
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

49
-
76
-
total
233
-
361
-
Corporate
568
1 600
-
-
income
114
320
-
-
surtax
2
6
-
-
total
116
326
-
-
Dividends
453
1 274
-
-
withholding

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

132
378
-
-
total
132
378
-
-
Income
1 600
1 600
1 600
1 600
Total tax
874
704
1 017
897
After tax
726
896
583
703
Living cost
407
407
407
407
Free-cash
319
489
176
296

Estimated living cost  is $407 per week

$262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$36
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$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
Stockholm , Sweden
$379
$391
$420
$409
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
-
-
-
391
national
-
-
-
75
health
-
-
-
62
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
108
other
-
-
-
116
total
-
-
-
755
Employee
647
-
1 287
-
national
-
-
70
-
municipal
193
-
384
-
total
193
-
454
-
Employer
647
-
1 287
-
unemployment
17
-
26
-
pensions
70
-
108
-
other
75
-
116
-
accident
1
-
2
-
health
40
-
61
-
total
203
-
313
-
Corporate
750
1 600
-
-
income
165
352
-
-
total
165
352
-
-
Dividends
585
1 248
-
-
withholding
176
374
-
-
total
176
374
-
-
Income
1 600
1 600
1 600
1 600
Total tax
737
726
767
755
After tax
863
874
833
845
Living cost
454
454
454
454
Free-cash
409
420
379
391

Estimated living cost  is $454 per week

$301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$45
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
$966
$620
$487
-$79
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
696
-
-
-
income
154
-
-
-
social contributions
57
-
8
-
total
211
-
8
-
Employer
696
-
-
-
social contributions
982
-
140
-
total
982
-
140
-
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
1 193
627
148
494
After tax
407
973
1 452
1 106
Living cost
486
486
486
486
Free-cash
-79
487
966
620

Estimated living cost  is $486 per week

$315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$46
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$119
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
$736
$750
$806
$759
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
-
-
-
266
social contributions
-
-
-
181
health
-
-
-
41
total
-
-
-
488
Employee
859
859
1 477
-
income
90
80
258
-
social contributions
42
71
96
-
health
9
15
25
-
total
141
166
379
-
Employer
859
859
1 477
-
social contributions
42
71
96
-
health
9
16
27
-
total
51
87
123
-
Corporate
1 046
654
-
-
income
131
82
-
-
total
131
82
-
-
Dividends
915
572
-
-
withholding
156
97
-
-
total
156
97
-
-
Income
1 600
1 600
1 600
1 600
Total tax
479
432
502
488
After tax
1 121
1 168
1 098
1 112
Living cost
362
362
362
362
Free-cash
759
806
736
750

Estimated living cost  is $362 per week

$248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$28
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$80
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
$536
$682
$678
$736
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
-
-
-
425
pensions
-
-
-
91
total
-
-
-
516
Employee
551
-
1 401
-
income
100
-
327
-
health
7
-
21
-
pensions
42
-
114
-
total
149
-
462
-
Employer
551
-
1 401
-
pensions
56
-
173
-
health
10
-
27
-
total
66
-
200
-
Corporate
982
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.

187
304
-
-
total
187
304
-
-
Dividends
796
1 296
-
-
withholding
60
216
-
-
total
60
216
-
-
Income
1 600
1 600
1 600
1 600
Total tax
462
520
662
516
After tax
1 138
1 080
938
1 084
Living cost
402
402
402
402
Free-cash
736
678
536
682

Estimated living cost  is $402 per week

$276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$37
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$84
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Rome , Italy
$249
$322
$398
$347
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
national
-
-
-
374
social contributions
-
-
-
412
total
-
-
-
833
Employee
941
-
1 600
-
regional
14
-
31
-
social contributions
317
-
540
-
national
159
-
325
-
municipal
6
-
10
-
total
496
-
906
-
Employer
941
-
1 600
-
total
-
-
-
-
Corporate
659
1 600
-
-
nationa
158
384
-
-
municipal
32
77
-
-
total
190
461
-
-
Dividends
469
1 139
-
-
withholding
122
296
-
-
total
122
296
-
-
Income
1 600
1 600
1 600
1 600
Total tax
808
757
906
833
After tax
792
843
694
767
Living cost
445
445
445
445
Free-cash
347
398
249
322

Estimated living cost  is $445 per week

$313
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.
$95
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
$626
$861
-$103
$94
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
-
-
-
432
health
-
-
-
23
accident
-
-
-
3
pensions
-
-
-
44
other
-
-
-
4
total
-
-
-
506
Employee
366
-
1 425
-
income
50
-
321
-
health
42
-
163
-
pensions
41
-
81
-
total
133
-
565
-
Employer
366
-
1 425
-
unemployment
9
-
35
-
pensions
60
-
117
-
accident
6
-
24
-
total
75
-
176
-
Corporate
1 159
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.

1 043
1 440
-
-
total
1 043
1 440
-
-
Dividends
116
160
-
-
withholding
22
30
-
-
total
22
30
-
-
Income
1 600
1 600
1 600
1 600
Total tax
1 273
1 470
741
506
After tax
327
130
859
1 094
Living cost
233
233
233
233
Free-cash
94
-103
626
861

Estimated living cost  is $233 per week

$171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$13
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$44
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Berlin , Germany
$614
$459
$393
$538
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
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.

-
-
-
454
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
76
trade
-
-
-
155
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
-
-
-
710
Employee

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

556
-
1 600
-
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.

46
-
454
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

76
-
76
-
surtax

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

3
-
25
-
total
125
-
555
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 044
1 600
-
-
chamber of commerce
3
4
-
-
income
157
240
-
-
surtax

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

9
13
-
-
trade
150
230
-
-
total
319
487
-
-
Dividends
726
1 113
-
-
withholding
177
274
-
-
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
-
-
total
187
289
-
-
Income
1 600
1 600
1 600
1 600
Total tax
631
776
555
710
After tax
969
824
1 045
890
Living cost
431
431
431
431
Free-cash
538
393
614
459

Estimated living cost  is $431 per week

$297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$46
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$81
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Riga , Latvia
$664
$275
$1048
$956
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
microenterprise
-
-
-
-
income
-
-
-
257
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.

-
-
-
428
surtax
-
-
-
408
total
-
-
-
1 093
Employee
326
-
1 289
-
income
58
-
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.

36
-
142
-
surtax
-
-
-
-
total
94
-
393
-
Employer
326
-
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.

79
-
311
-
surtax
-
-
-
-
total
79
-
311
-
Corporate
1 195
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%.

239
320
-
-
total
239
320
-
-
Dividends

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

956
1 280
-
-
total
-
-
-
-
Income
1 600
1 600
1 600
1 600
Total tax
412
320
704
1 093
After tax
1 188
1 280
896
507
Living cost
232
232
232
232
Free-cash
956
1 048
664
275

Estimated living cost  is $232 per week

$148
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$22
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$57
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
$797
$808
$852
$829
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
-
-
-
462
health
-
-
-
77
pensions
-
-
-
107
total
-
-
-
646
Employee
223
-
1 480
-
income
43
-
456
-
health
11
-
27
-
unemployment
2
-
5
-
pensions
20
-
48
-
total
76
-
536
-
Employer
223
-
1 480
-
unemployment
4
-
11
-
pensions
25
-
59
-
health
21
-
51
-
total
50
-
121
-
Corporate
1 327
1 600
-
-
income
292
352
-
-
total
292
352
-
-
Dividends
1 035
1 248
-
-
withholding
207
250
-
-
total
207
250
-
-
Income
1 600
1 600
1 600
1 600
Total tax
625
602
657
646
After tax
975
998
943
954
Living cost
146
146
146
146
Free-cash
829
852
797
808

Estimated living cost  is $146 per week

$87
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$44
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
$467
$508
$755
$720
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
-
-
-
380
health
-
-
-
106
unemployment
-
-
-
3
surtax
-
-
-
54
pensions
-
-
-
298
other
-
-
-
-
total
-
-
-
841
Employee
376
-
1 322
-
other
-
-
-
-
income
63
-
342
-
health
10
-
34
-
unemployment
26
-
92
-
surtax
1
-
48
-
pensions
25
-
88
-
total
125
-
604
-
Employer
376
-
1 322
-
unemployment
12
-
42
-
pensions
50
-
176
-
other
-
-
-
-
health
17
-
60
-
total
79
-
278
-
Corporate
1 145
1 600
-
-
income
298
416
-
-
total
298
416
-
-
Dividends
847
1 184
-
-
withholding
127
178
-
-
total
127
178
-
-
Income
1 600
1 600
1 600
1 600
Total tax
629
594
882
841
After tax
971
1 006
718
759
Living cost
251
251
251
251
Free-cash
720
755
467
508

Estimated living cost  is $251 per week

$151
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.
$72
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
$69
$462
$534
$529
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
-
-
-
366
chamber of commerce
-
-
-
6
health
-
-
-
100
unemployment
-
-
-
69
surtax
-
-
-
-
pensions
-
-
-
241
total
-
-
-
782
Employee
488
445
1 242
-
other
5
4
12
-
income
43
33
294
-
health
19
17
48
-
unemployment
15
13
37
-
pensions
50
46
127
-
total
132
113
518
-
Employer
488
445
1 242
-
unemployment
15
13
37
-
chamber of commerce
2
2
5
-
pensions
61
56
156
-
payroll
15