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
$ 1650
per

Your estimated
City
free-cash

Valencia , Spain
$578
$625
$798
$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
-
-
-
1 650
income
-
-
-
412
accident
-
-
-
9
unemployment
-
-
-
7
pensions
-
-
-
291
other
-
-
-
1
total
-
-
-
720
Employee
410
-
1 322
-
other
-
-
1
-
income
79
-
375
-
unemployment
6
-
16
-
pensions
19
-
48
-
total
104
-
440
-
Employer
410
-
1 322
-
unemployment
23
-
57
-
pensions
97
-
242
-
other
3
-
8
-
accident
8
-
20
-
total
131
-
327
-
Corporate
1 109
1 650
-
-
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.

166
248
-
-
total
166
248
-
-
Dividends
943
1 402
-
-
withholding
196
299
-
-
total
196
299
-
-
Income
1 650
1 650
1 650
1 650
Total tax
597
547
767
720
After tax
1 053
1 103
883
930
Living cost
305
305
305
305
Free-cash
748
798
578
625

Estimated living cost  is $305 per week

$206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$29
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
$648
$579
$918
$843
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
-
-
-
1 650
income
-
-
-
229
health
-
-
-
73
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.

-
-
-
396
other
-
-
-
78
total
-
-
-
776
Employee
402
-
1 318
-
income
69
-
252
-
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
-
92
-
total
107
-
375
-
Employer
402
-
1 318
-
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.

68
-
224
-
other
20
-
66
-
accident
3
-
11
-
health
6
-
18
-
total
101
-
332
-
Corporate
1 146
1 650
-
-
income
241
346
-
-
total
241
346
-
-
Dividends
905
1 304
-
-
withholding
63
91
-
-
total
63
91
-
-
Income
1 650
1 650
1 650
1 650
Total tax
512
437
707
776
After tax
1 138
1 213
943
874
Living cost
295
295
295
295
Free-cash
843
918
648
579

Estimated living cost  is $295 per week

$209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$62
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
$1216
$1153
$1266
$1215
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
-
-
-
1 650
income
-
-
-
248
health
-
-
-
45
unemployment
-
-
-
2
pensions

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

-
-
-
57
total
-
-
-
352
Employee
193
-
1 574
-
income
19
-
157
-
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
-
213
-
Employer
193
-
1 574
-
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
1 420
1 650
-
-
income
142
165
-
-
total
142
165
-
-
Dividends
1 278
1 485
-
-
withholding
64
74
-
-
total
64
74
-
-
Income
1 650
1 650
1 650
1 650
Total tax
290
239
289
352
After tax
1 360
1 411
1 361
1 298
Living cost
145
145
145
145
Free-cash
1 215
1 266
1 216
1 153

Estimated living cost  is $145 per week

$85
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$10
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$46
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
$562
$556
$453
$518
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 650
income
-
-
-
234
social contributions
-
-
-
47
health
-
-
-
60
surtax
-
-
-
-
pensions
-
-
-
323
other
-
-
-
51
total
-
-
-
715
Employee
474
-
1 295
-
income
28
-
236
-
social contributions
14
-
37
-
surtax
-
-
-
-
pensions
54
-
82
-
total
96
-
355
-
Employer
474
-
1 295
-
unemployment
19
-
52
-
social contributions
1
-
4
-
pensions
78
-
140
-
other
16
-
47
-
health
33
-
111
-
total
147
-
354
-
Corporate
1 027
1 650
-
-
income
288
462
-
-
surtax
-
-
-
-
total
288
462
-
-
Dividends
740
1 188
-
-
withholding
95
152
-
-
surtax
-
-
-
-
social contributions
127
204
-
-
total
222
356
-
-
Income
1 650
1 650
1 650
1 650
Total tax
753
818
709
715
After tax
897
832
941
935
Living cost
379
379
379
379
Free-cash
518
453
562
556

Estimated living cost  is $379 per week

$239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$31
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
$534
$468
$347
$281
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
-
-
-
1 650
income
-
-
-
451
health
-
-
-
137
pensions
-
-
-
130
total
-
-
-
718
Employee
947
947
1 444
-
income

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

155
155
179
-
health
145
124
137
-
pensions
170
130
130
-
total
470
409
446
-
Employer
947
947
1 444
-
unemployment
34
34
42
-
pensions
66
66
82
-
health
66
66
82
-
total
166
166
206
-
Corporate
549
538
-
-
income
110
108
-
-
total
110
108
-
-
Dividends
439
430
-
-
withholding
66
65
-
-
income
93
91
-
-
total
159
156
-
-
Income
1 650
1 650
1 650
1 650
Total tax
905
839
652
718
After tax
745
811
998
932
Living cost
464
464
464
464
Free-cash
281
347
534
468

Estimated living cost  is $464 per week

$329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$42
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$86
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
$736
$557
$496
$619
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
1 650
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.

-
-
-
476
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
-
-
-
179
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.

-
-
-
26
total
-
-
-
757
Employee

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

424
-
1 650
-
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
-
476
-
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
-
26
-
total
89
-
578
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 226
1 650
-
-
chamber of commerce
3
4
-
-
income
184
248
-
-
surtax

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

10
14
-
-
trade
193
260
-
-
total
390
526
-
-
Dividends
835
1 125
-
-
withholding
205
277
-
-
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
216
292
-
-
Income
1 650
1 650
1 650
1 650
Total tax
695
818
578
757
After tax
955
832
1 072
893
Living cost
336
336
336
336
Free-cash
619
496
736
557

Estimated living cost  is $336 per week

$211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$39
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$79
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
$872
$886
$947
$887
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 650
income
-
-
-
286
social contributions
-
-
-
179
health
-
-
-
42
total
-
-
-
507
Employee
852
852
1 526
-
income
93
79
277
-
social contributions
32
71
95
-
health
7
14
26
-
total
132
164
398
-
Employer
852
852
1 526
-
social contributions
32
71
95
-
health
7
16
28
-
total
39
87
123
-
Corporate
1 222
711
-
-
income
153
89
-
-
total
153
89
-
-
Dividends
1 070
622
-
-
withholding
182
106
-
-
total
182
106
-
-
Income
1 650
1 650
1 650
1 650
Total tax
506
446
521
507
After tax
1 144
1 204
1 129
1 143
Living cost
257
257
257
257
Free-cash
887
947
872
886

Estimated living cost  is $257 per week

$154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$72
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
$429
$547
$591
$580
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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.

-
-
-
1 650
income
-
-
-
182
social contributions

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

-
-
-
573
surtax
-
-
-
-
total
-
-
-
755
Employee
510
-
1 333
-
income
106
-
409
-
social contributions
56
-
147
-
surtax
-
-
-
-
total
162
-
556
-
Employer
510
-
1 333
-
social contributions
121
-
317
-
total
121
-
317
-
Corporate
1 019
1 650
-
-
income
214
346
-
-
surtax
-
-
-
-
total
214
346
-
-
Dividends
805
1 304
-
-
withholding
225
365
-
-
total
225
365
-
-
Income
1 650
1 650
1 650
1 650
Total tax
722
711
873
755
After tax
928
939
777
895
Living cost
348
348
348
348
Free-cash
580
591
429
547

Estimated living cost  is $348 per week

$260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$21
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$61
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
$1240
$1553
$1487
$1472
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%.

-
-
-
1 650
microenterprise

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

-
-
-
17
total
-
-
-
17
Employee
100
-
1 650
-
income
20
-
330
-
total
20
-
330
-
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%.

1 550
1 650
-
-
total
-
-
-
-
Dividends
1 550
1 650
-
-
withholding
78
83
-
-
total
78
83
-
-
Income
1 650
1 650
1 650
1 650
Total tax
98
83
330
17
After tax
1 552
1 567
1 320
1 633
Living cost
80
80
80
80
Free-cash
1 472
1 487
1 240
1 553

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
$481
$525
$840
$745
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.

-
-
-
1 650
income
-
-
-
363
health
-
-
-
162
unemployment
-
-
-
2
pensions
-
-
-
301
total
-
-
-
828
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

490
-
1 428
-
income
85
-
335
-
health
32
-
92
-
unemployment
1
-
2
-
pensions
76
-
221
-
total
194
-
650
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

490
-
1 428
-
unemployment
-
-
1
-
pensions
43
-
126
-
health
33
-
95
-
total
76
-
222
-
Corporate
1 084
1 650
-
-
income
206
313
-
-
total
206
313
-
-
Dividends
878
1 337
-
-
withholding
132
200
-
-
total
132
200
-
-
Income
1 650
1 650
1 650
1 650
Total tax
608
513
872
828
After tax
1 042
1 137
778
822
Living cost
297
297
297
297
Free-cash
745
840
481
525

Estimated living cost  is $297 per week

$204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$19
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$68
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
$790
$860
$612
$650
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.

-
-
-
1 650
income
-
-
-
316
health

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

-
-
-
72
total
-
-
-
388
Employee
509
-
1 599
-
social contributions
51
-
51
-
income
55
-
356
-
total
106
-
407
-
Employer
509
-
1 599
-
social contributions
51
-
51
-
total
51
-
51
-
Corporate
1 091
1 650
-
-
income
382
577
-
-
total
382
577
-
-
Dividends
709
1 073
-
-
social contributions
59
59
-
-
total
59
59
-
-
Income
1 650
1 650
1 650
1 650
Total tax
598
636
458
388
After tax
1 052
1 014
1 192
1 262
Living cost
402
402
402
402
Free-cash
650
612
790
860

Estimated living cost  is $402 per week

$265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$32
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$99
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
$799
$824
$772
$777
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
-
-
-
1 650
income
-
-
-
248
social contributions
-
-
-
228
health
-
-
-
115
total
-
-
-
591
Employee
376
-
1 650
-
income
63
-
273
-
social contributions
52
-
228
-
health
26
-
115
-
total
141
-
616
-
Employer
376
-
1 650
-
total
-
-
-
-
Corporate
1 274
1 650
-
-
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%.

64
83
-
-
total
64
83
-
-
Dividends
1 210
1 567
-
-
withholding
182
235
-
-
health
84
109
-
-
social contributions
167
216
-
-
total
433
560
-
-
Income
1 650
1 650
1 650
1 650
Total tax
638
643
616
591
After tax
1 012
1 007
1 034
1 059
Living cost
235
235
235
235
Free-cash
777
772
799
824

Estimated living cost  is $235 per week

$157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$14
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
$543
$614
$835
$727
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
-
-
-
1 650
income
-
-
-
161
social contributions
-
-
-
351
solidarity contribution
-
-
-
-
health
-
-
-
223
total
-
-
-
735
Employee
442
-
1 238
-
solidarity contribution
-
-
-
-
income
53
-
149
-
social contributions
29
-
78
-
health
60
-
167
-
total
142
-
394
-
Employer
442
-
1 238
-
social contributions
111
-
301
-
health
40
-
111
-
total
151
-
412
-
Corporate
1 058
1 650
-
-
income
201
314
-
-
total
201
314
-
-
Dividends
857
1 336
-
-
withholding
128
200
-
-
total
128
200
-
-
Income
1 650
1 650
1 650
1 650
Total tax
622
514
806
735
After tax
1 028
1 136
844
915
Living cost
301
301
301
301
Free-cash
727
835
543
614

Estimated living cost  is $301 per week

$224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$55
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
$1196
$1509
$1443
$1420
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%.

-
-
-
1 650
microenterprise

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

-
-
-
17
total
-
-
-
17
Employee
155
-
1 650
-
income
31
-
330
-
total
31
-
330
-
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%.

1 495
1 650
-
-
total
-
-
-
-
Dividends
1 495
1 650
-
-
withholding
75
83
-
-
total
75
83
-
-
Income
1 650
1 650
1 650
1 650
Total tax
106
83
330
17
After tax
1 544
1 567
1 320
1 633
Living cost
124
124
124
124
Free-cash
1 420
1 443
1 196
1 509

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
$406
$400
$297
$371
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
-
-
-
1 650
income
-
-
-
234
social contributions
-
-
-
47
health
-
-
-
60
surtax
-
-
-
-
pensions
-
-
-
323
other
-
-
-
51
total
-
-
-
715
Employee
694
-
1 295
-
income
61
-
236
-
social contributions
20
-
37
-
surtax
-
-
-
-
pensions
79
-
82
-
total
160
-
355
-
Employer
694
-
1 295
-
unemployment
28
-
52
-
social contributions
2
-
4
-
pensions
114
-
140
-
other
24
-
47
-
health
49
-
111
-
total
217
-
354
-
Corporate
739
1 650
-
-
income
207
462
-
-
surtax
-
-
-
-
total
207
462
-
-
Dividends
532
1 188
-
-
withholding
68
152
-
-
surtax
-
-
-
-
social contributions
92
204
-
-
total
160
356
-
-
Income
1 650
1 650
1 650
1 650
Total tax
744
818
709
715
After tax
906
832
941
935
Living cost
535
535
535
535
Free-cash
371
297
406
400

Estimated living cost  is $535 per week

$362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$44
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$122
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
$785
$785
$1002
$946
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.

-
-
-
1 650
income
-
-
-
366
health
-
-
-
84
unemployment
-
-
-
12
pensions
-
-
-
212
total
-
-
-
674
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

288
-
1 504
-
income
40
-
366
-
health
15
-
42
-
unemployment
2
-
6
-
pensions
40
-
114
-
total
97
-
528
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

288
-
1 504
-
unemployment
2
-
6
-
pensions
35
-
98
-
health
15
-
42
-
total
52
-
146
-
Corporate
1 310
1 650
-
-
income
197
247
-
-
total
197
247
-
-
Dividends
1 114
1 403
-
-
withholding
167
210
-
-
total
167
210
-
-
Income
1 650
1 650
1 650
1 650
Total tax
513
457
674
674
After tax
1 137
1 193
976
976
Living cost
191
191
191
191
Free-cash
946
1 002
785
785

Estimated living cost  is $191 per week

$129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$42
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
$490
$569
-$19
$312
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
-
-
-
1 650
regional
-
-
-
78
national
-
-
-
23
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.

-
-
-
33
pensions
-
-
-
152
total
-
-
-
307
Employee
905
-
1 477
-
regional
30
-
67
-
city
10
-
16
-
health
2
-
3
-
unemployment
-
-
-
-
national
4
-
19
-
pensions
76
-
124
-
total
122
-
229
-
Employer
905
-
1 477
-
unemployment
-
-
-
-
pensions
76
-
124
-
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
-
30
-
health
2
-
3
-
total
96
-
157
-
Corporate
638
1 650
-
-
regional
135
349
-
-
national
54
140
-
-
total
189
489
-
-
Dividends
449
1 161
-
-
withholding
157
406
-
-
total
157
406
-
-
Income
1 650
1 650
1 650
1 650
Total tax
564
895
386
307
After tax
1 086
755
1 264
1 343
Living cost
774
774
774
774
Free-cash
312
-19
490
569

Estimated living cost  is $774 per week

$503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$69
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$9
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Helsinki , Finland
$458
$682
$627
$648
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

-
-
-
1 650
municipal
-
-
-
293
national
-
-
-
228
health
-
-
-
21
total
-
-
-
542
Employee
583
-
1 388
-
health
4
-
17
-
unemployment
9
-
21
-
national
10
-
146
-
municipal
96
-
226
-
pensions
39
-
94
-
total
158
-
504
-
Employer
583
-
1 388
-
unemployment
4
-
9
-
pensions
101
-
241
-
accident
1
-
1
-
health
4
-
11
-
total
110
-
262
-
Corporate
957
1 650
-
-
income
191
330
-
-
total
191
330
-
-
Dividends

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

574
990
-
-
national
14
89
-
-
municipal
103
178
-
-
total
117
267
-
-
Income
1 650
1 650
1 650
1 650
Total tax
576
597
766
542
After tax
1 074
1 053
884
1 108
Living cost
426
426
426
426
Free-cash
648
627
458
682

Estimated living cost  is $426 per week

$278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$41
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
$193
$317
$519
$353
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
-
-
-
1 650
national
-
-
-
587
social contributions
-
-
-
258
communal

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

-
-
-
84
total
-
-
-
929
Employee

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

793
-
1 278
-
health

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

37
-
60
-
communal

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

41
-
67
-
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
244
-
446
-
pensions

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

59
-
96
-
total
388
-
680
-
Employer

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

793
-
1 278
-
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
-
19
-
pensions

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

70
-
113
-
surtax
90
-
145
-
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
-
17
-
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
-
79
-
total
231
-
373
-
Corporate
626
1 650
-
-
income
125
330
-
-
surtax
3
7
-
-
total
128
337
-
-
Dividends
499
1 313
-
-
withholding

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

146
390
-
-
total
146
390
-
-
Income
1 650
1 650
1 650
1 650
Total tax
893
727
1 053
929
After tax
757
923
597
721
Living cost
404
404
404
404
Free-cash
353
519
193
317

Estimated living cost  is $404 per week

$260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$35
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
$404
$415
$447
$437
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
-
-
-
1 650
municipal
-
-
-
406
national
-
-
-
86
health
-
-
-
62
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
108
other
-
-
-
116
total
-
-
-
781
Employee
648
-
1 337
-
national
-
-
80
-
municipal
193
-
399
-
total
193
-
479
-
Employer
648
-
1 337
-
unemployment
17
-
26
-
pensions
70
-
108
-
other
75
-
116
-
accident
1
-
2
-
health
40
-
61
-
total
203
-
313
-
Corporate
799
1 650
-
-
income
176
363
-
-
total
176
363
-
-
Dividends
623
1 287
-
-
withholding
187
386
-
-
total
187
386
-
-
Income
1 650
1 650
1 650
1 650
Total tax
759
749
792
781
After tax
891
901
858
869
Living cost
454
454
454
454
Free-cash
437
447
404
415

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
$1003
$644
$508
-$64
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
-
-
-
1 650
income
-
-
-
322
social contributions
-
-
-
188
total
-
-
-
510
Employee
711
-
-
-
income
157
-
-
-
social contributions
58
-
8
-
total
215
-
8
-
Employer
711
-
-
-
social contributions
1 003
-
143
-
total
1 003
-
143
-
Corporate
-
1 650
-
-
income
-
363
-
-
total
-
363
-
-
Dividends
-
1 287
-
-
income
-
283
-
-
total
-
283
-
-
Income
1 650
1 650
1 650
1 650
Total tax
1 218
646
151
510
After tax
432
1 004
1 499
1 140
Living cost
496
496
496
496
Free-cash
-64
508
1 003
644

Estimated living cost  is $496 per week

$322
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$47
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
$769
$783
$844
$799
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
-
-
-
1 650
income
-
-
-
286
social contributions
-
-
-
179
health
-
-
-
42
total
-
-
-
507
Employee
852
852
1 526
-
income
90
79
277
-
social contributions
41
71
95
-
health
8
14
26
-
total
139
164
398
-
Employer
852
852
1 526
-
social contributions
41
71
95
-
health
9
16
28
-
total
50
87
123
-
Corporate
1 100
711
-
-
income
138
89
-
-
total
138
89
-
-
Dividends
963
622
-
-
withholding
164
106
-
-
total
164
106
-
-
Income
1 650
1 650
1 650
1 650
Total tax
491
446
521
507
After tax
1 159
1 204
1 129
1 143
Living cost
360
360
360
360
Free-cash
799
844
769
783

Estimated living cost  is $360 per week

$246
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$28
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$80
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
$561
$712
$705
$771
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
-
-
-
1 650
income
-
-
-
444
pensions
-
-
-
92
total
-
-
-
536
Employee
551
-
1 444
-
income
100
-
344
-
health
7
-
22
-
pensions
42
-
115
-
total
149
-
481
-
Employer
551
-
1 444
-
pensions
56
-
179
-
health
10
-
27
-
total
66
-
206
-
Corporate
1 032
1 650
-
-
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.

196
314
-
-
total
196
314
-
-
Dividends
836
1 336
-
-
withholding
66
229
-
-
total
66
229
-
-
Income
1 650
1 650
1 650
1 650
Total tax
477
543
687
536
After tax
1 173
1 107
963
1 114
Living cost
402
402
402
402
Free-cash
771
705
561
712

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
$271
$346
$427
$376
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
-
-
-
1 650
municipal
-
-
-
11
regional
-
-
-
37
national
-
-
-
390
social contributions
-
-
-
424
total
-
-
-
862
Employee
934
-
1 650
-
regional
14
-
33
-
social contributions
315
-
556
-
national
158
-
338
-
municipal
6
-
10
-
total
493
-
937
-
Employer
934
-
1 650
-
total
-
-
-
-
Corporate
716
1 650
-
-
nationa
172
396
-
-
municipal
34
80
-
-
total
206
476
-
-
Dividends
510
1 174
-
-
withholding
133
305
-
-
total
133
305
-
-
Income
1 650
1 650
1 650
1 650
Total tax
832
781
937
862
After tax
818
869
713
788
Living cost
442
442
442
442
Free-cash
376
427
271
346

Estimated living cost  is $442 per week

$310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$30
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$94
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
$662
$900
-$94
$100
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
-
-
-
1 650
income
-
-
-
449
health
-
-
-
23
accident
-
-
-
3
pensions
-
-
-
43
other
-
-
-
4
total
-
-
-
522
Employee
359
-
1 475
-
income
49
-
337
-
health
41
-
169
-
pensions
40
-
79
-
total
130
-
585
-
Employer
359
-
1 475
-
unemployment
9
-
36
-
pensions
58
-
114
-
accident
6
-
25
-
total
73
-
175
-
Corporate
1 218
1 650
-
-
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.

1 096
1 485
-
-
total
1 096
1 485
-
-
Dividends
122
165
-
-
withholding
23
31
-
-
total
23
31
-
-
Income
1 650
1 650
1 650
1 650
Total tax
1 322
1 516
760
522
After tax
328
134
890
1 128
Living cost
228
228
228
228
Free-cash
100
-94
662
900

Estimated living cost  is $228 per week

$167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$13
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$44
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
$644
$481
$420
$566
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.

-
-
-
1 650
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.

-
-
-
476
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
-
-
-
163
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.

-
-
-
26
total
-
-
-
741
Employee

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

552
-
1 650
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

45
-
476
-
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
-
26
-
total
124
-
578
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 098
1 650
-
-
chamber of commerce
3
4
-
-
income
165
248
-
-
surtax

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

9
14
-
-
trade
158
237
-
-
total
335
503
-
-
Dividends
764
1 148
-
-
withholding
187
283
-
-
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
16
-
-
total
197
299
-
-
Income
1 650
1 650
1 650
1 650
Total tax
656
802
578
741
After tax
994
848
1 072
909
Living cost
428
428
428
428
Free-cash
566
420
644
481

Estimated living cost  is $428 per week

$295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$46
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$80
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
$775
$304
$1089
$997
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.

-
-
-
1 650
microenterprise
-
-
-
-
income
-
-
-
269
social contributions

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

-
-
-
425
surtax
-
-
-
421
total
-
-
-
1 115
Employee
324
-
1 182
-
income
58
-
229
-
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
-
130
-
surtax
-
-
-
-
total
94
-
359
-
Employer
324
-
1 182
-
social contributions

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

78
-
285
-
surtax
-
-
-
-
total
78
-
285
-
Corporate
1 248
1 650
-
-
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%.

250
330
-
-
total
250
330
-
-
Dividends

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

998
1 320
-
-
total
-
-
-
-
Income
1 650
1 650
1 650
1 650
Total tax
422
330
644
1 115
After tax
1 228
1 320
1 006
535
Living cost
231
231
231
231
Free-cash
997
1 089
775
304

Estimated living cost  is $231 per week

$147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$22
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$56
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
$834
$844
$886
$862
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
-
-
-
1 650
income
-
-
-
481
health
-
-
-
76
pensions
-
-
-
105
total
-
-
-
662
Employee
219
-
1 532
-
income
42
-
476
-
health
11
-
26
-
unemployment
2
-
5
-
pensions
20
-
47
-
total
75
-
554
-
Employer
219
-
1 532
-
unemployment
4
-
10
-
pensions
24
-
58
-
health
21
-
50
-
total
49
-
118
-
Corporate
1 382
1 650
-
-
income
304
363
-
-
total
304
363
-
-
Dividends
1 078
1 287
-
-
withholding
216
257
-
-
total
216
257
-
-
Income
1 650
1 650
1 650
1 650
Total tax
644
620
672
662
After tax
1 006
1 030
978
988
Living cost
144
144
144
144
Free-cash
862
886
834
844

Estimated living cost  is $144 per week

$85
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$43
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
$485
$534
$789
$752
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
-
-
-
1 650
income
-
-
-
405
health
-
-
-
105
unemployment
-
-
-
3
surtax
-
-
-
58
pensions
-
-
-
296
other
-
-
-
-
total
-
-
-
867
Employee
373
-
1 363
-
other
-
-
-
-
income
63
-
358
-
health
10
-
35
-
unemployment
26
-
95
-
surtax
1
-
50
-
pensions
25
-
91
-
total
125
-
629
-
Employer
373
-
1 363
-
unemployment
12
-
43
-
pensions
50
-
182
-
other
-
-
-
-
health
17
-
62
-
total
79
-
287
-
Corporate
1 198
1 650
-
-
income
312
429
-
-
total
312
429
-
-
Dividends
887
1 221
-
-
withholding
133
183
-
-
total
133
183
-
-
Income
1 650
1 650
1 650
1 650
Total tax
649
612
916
867
After tax
1 001
1 038
734
783
Living cost
249
249
249
249
Free-cash
752
789
485
534

Estimated living cost  is $249 per week

$150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$22
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$71
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
$78
$492
$564
$555
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 650
income
-
-
-
390
chamber of commerce
-
-
-
7
health
-
-
-
99
unemployment
-
-
-
68
surtax
-
-
-
-
pensions
-
-
-
240
total
-
-
-
804
Employee
485
442
1 281
-
other
5
4
13
-
income
43
33
308
-
health
19
17
50
-
unemployment
15
13
38
-
pensions
50
45
131
-
total
132
112
540
-
Employer
485
442
1 281
-
unemployment
15
13
38
-
chamber of commerce
2
2
5
-
pensions
61
55
161
-
payroll