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
$ 1700
per

Your estimated
City
free-cash

Valencia , Spain
$608
$654
$833
$785
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
-
-
-
1 700
income
-
-
-
437
accident
-
-
-
9
unemployment
-
-
-
7
pensions
-
-
-
289
other
-
-
-
1
total
-
-
-
743
Employee
408
-
1 374
-
other
-
-
1
-
income
79
-
399
-
unemployment
6
-
16
-
pensions
19
-
48
-
total
104
-
464
-
Employer
408
-
1 374
-
unemployment
22
-
56
-
pensions
96
-
241
-
other
3
-
8
-
accident
8
-
20
-
total
129
-
325
-
Corporate
1 162
1 700
-
-
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.

174
255
-
-
total
174
255
-
-
Dividends
988
1 445
-
-
withholding
205
309
-
-
total
205
309
-
-
Income
1 700
1 700
1 700
1 700
Total tax
612
564
789
743
After tax
1 088
1 136
911
957
Living cost
303
303
303
303
Free-cash
785
833
608
654

Estimated living cost  is $303 per week

$205
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
$674
$611
$955
$880
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
-
-
-
1 700
income
-
-
-
239
health
-
-
-
74
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.

-
-
-
402
other
-
-
-
80
total
-
-
-
795
Employee
400
-
1 358
-
income
69
-
261
-
health
6
-
19
-
unemployment
4
-
14
-
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
-
95
-
total
107
-
389
-
Employer
400
-
1 358
-
unemployment
4
-
14
-
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
-
231
-
other
20
-
68
-
accident
3
-
11
-
health
6
-
19
-
total
101
-
343
-
Corporate
1 199
1 700
-
-
income
252
357
-
-
total
252
357
-
-
Dividends
947
1 343
-
-
withholding
66
94
-
-
total
66
94
-
-
Income
1 700
1 700
1 700
1 700
Total tax
526
451
732
795
After tax
1 174
1 249
968
905
Living cost
294
294
294
294
Free-cash
880
955
674
611

Estimated living cost  is $294 per week

$208
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
$1262
$1197
$1308
$1258
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
-
-
-
1 700
income
-
-
-
255
health
-
-
-
44
unemployment
-
-
-
2
pensions

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

-
-
-
57
total
-
-
-
358
Employee
192
-
1 624
-
income
19
-
162
-
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
-
218
-
Employer
192
-
1 624
-
unemployment
1
-
2
-
pensions

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

21
-
42
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
health
13
-
27
-
total
37
-
75
-
Corporate
1 471
1 700
-
-
income
147
170
-
-
total
147
170
-
-
Dividends
1 324
1 530
-
-
withholding
66
77
-
-
total
66
77
-
-
Income
1 700
1 700
1 700
1 700
Total tax
297
247
293
358
After tax
1 403
1 453
1 407
1 342
Living cost
145
145
145
145
Free-cash
1 258
1 308
1 262
1 197

Estimated living cost  is $145 per week

$84
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
$585
$586
$479
$545
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
-
-
-
1 700
income
-
-
-
246
social contributions
-
-
-
48
health
-
-
-
64
surtax
-
-
-
-
pensions
-
-
-
326
other
-
-
-
53
total
-
-
-
737
Employee
472
-
1 331
-
income
28
-
245
-
social contributions
13
-
38
-
surtax
-
-
-
-
pensions
53
-
86
-
total
94
-
369
-
Employer
472
-
1 331
-
unemployment
19
-
54
-
social contributions
1
-
4
-
pensions
78
-
146
-
other
16
-
49
-
health
33
-
116
-
total
147
-
369
-
Corporate
1 081
1 700
-
-
income
303
476
-
-
surtax
-
-
-
-
total
303
476
-
-
Dividends
778
1 224
-
-
withholding
100
157
-
-
surtax
-
-
-
-
social contributions
134
211
-
-
total
234
368
-
-
Income
1 700
1 700
1 700
1 700
Total tax
778
844
738
737
After tax
922
856
962
963
Living cost
377
377
377
377
Free-cash
545
479
585
586

Estimated living cost  is $377 per week

$238
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.
$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
Rotterdam , Netherlands
$575
$493
$376
$309
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
-
-
-
1 700
income
-
-
-
480
health
-
-
-
136
pensions
-
-
-
129
total
-
-
-
745
Employee
941
941
1 495
-
income

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

154
154
194
-
health
144
123
136
-
pensions
169
129
129
-
total
467
406
459
-
Employer
941
941
1 495
-
unemployment
34
34
42
-
pensions
66
66
81
-
health
65
65
81
-
total
165
165
204
-
Corporate
605
594
-
-
income
121
119
-
-
total
121
119
-
-
Dividends
484
475
-
-
withholding
73
71
-
-
income
103
101
-
-
total
176
172
-
-
Income
1 700
1 700
1 700
1 700
Total tax
929
862
663
745
After tax
771
838
1 037
955
Living cost
462
462
462
462
Free-cash
309
376
575
493

Estimated living cost  is $462 per week

$327
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
$765
$578
$523
$644
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.

-
-
-
1 700
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.

-
-
-
499
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.

-
-
-
75
trade
-
-
-
187
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.

-
-
-
27
total
-
-
-
788
Employee

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

422
-
1 700
-
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
-
499
-
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.

75
-
75
-
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
-
27
-
total
88
-
601
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 278
1 700
-
-
chamber of commerce
4
4
-
-
income
192
255
-
-
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
14
-
-
trade
201
268
-
-
total
408
541
-
-
Dividends
871
1 159
-
-
withholding
214
286
-
-
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.

12
16
-
-
total
226
302
-
-
Income
1 700
1 700
1 700
1 700
Total tax
722
843
601
788
After tax
978
857
1 099
912
Living cost
334
334
334
334
Free-cash
644
523
765
578

Estimated living cost  is $334 per week

$210
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
$903
$920
$987
$926
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
-
-
-
1 700
income
-
-
-
304
social contributions
-
-
-
178
health
-
-
-
43
total
-
-
-
525
Employee
848
848
1 576
-
income
92
78
296
-
social contributions
32
70
95
-
health
7
14
27
-
total
131
162
418
-
Employer
848
848
1 576
-
social contributions
32
70
95
-
health
7
16
29
-
total
39
86
124
-
Corporate
1 275
766
-
-
income
159
96
-
-
total
159
96
-
-
Dividends
1 115
671
-
-
withholding
190
114
-
-
total
190
114
-
-
Income
1 700
1 700
1 700
1 700
Total tax
519
458
542
525
After tax
1 181
1 242
1 158
1 175
Living cost
255
255
255
255
Free-cash
926
987
903
920

Estimated living cost  is $255 per week

$153
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
$451
$573
$621
$611
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.

-
-
-
1 700
income
-
-
-
190
social contributions

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

-
-
-
591
surtax
-
-
-
-
total
-
-
-
781
Employee
507
-
1 374
-
income
105
-
426
-
social contributions
56
-
151
-
surtax
-
-
-
-
total
161
-
577
-
Employer
507
-
1 374
-
social contributions
120
-
326
-
total
120
-
326
-
Corporate
1 073
1 700
-
-
income
225
357
-
-
surtax
-
-
-
-
total
225
357
-
-
Dividends
847
1 343
-
-
withholding
237
376
-
-
total
237
376
-
-
Income
1 700
1 700
1 700
1 700
Total tax
743
733
903
781
After tax
957
967
797
919
Living cost
346
346
346
346
Free-cash
611
621
451
573

Estimated living cost  is $346 per week

$259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$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
$1278
$1601
$1533
$1517
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%.

-
-
-
1 700
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
103
-
1 700
-
income
21
-
340
-
total
21
-
340
-
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%.

1 597
1 700
-
-
total
-
-
-
-
Dividends
1 597
1 700
-
-
withholding
80
85
-
-
total
80
85
-
-
Income
1 700
1 700
1 700
1 700
Total tax
101
85
340
17
After tax
1 599
1 615
1 360
1 683
Living cost
82
82
82
82
Free-cash
1 517
1 533
1 278
1 601

Estimated living cost  is $82 per week

$51
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.
$22
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
$502
$547
$874
$783
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.

-
-
-
1 700
income
-
-
-
377
health
-
-
-
167
unemployment
-
-
-
3
pensions
-
-
-
310
total
-
-
-
857
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.

487
-
1 471
-
income
84
-
348
-
health
31
-
95
-
unemployment
1
-
2
-
pensions
76
-
228
-
total
192
-
673
-
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.

487
-
1 471
-
unemployment
-
-
1
-
pensions
43
-
130
-
health
32
-
98
-
total
75
-
229
-
Corporate
1 137
1 700
-
-
income
216
323
-
-
total
216
323
-
-
Dividends
921
1 377
-
-
withholding
138
207
-
-
total
138
207
-
-
Income
1 700
1 700
1 700
1 700
Total tax
621
530
902
857
After tax
1 079
1 170
798
843
Living cost
296
296
296
296
Free-cash
783
874
502
547

Estimated living cost  is $296 per week

$203
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
$823
$914
$647
$685
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.

-
-
-
1 700
income
-
-
-
314
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
-
-
-
386
Employee
506
-
1 649
-
social contributions
51
-
51
-
income
55
-
375
-
total
106
-
426
-
Employer
506
-
1 649
-
social contributions
51
-
51
-
total
51
-
51
-
Corporate
1 144
1 700
-
-
income
400
595
-
-
total
400
595
-
-
Dividends
743
1 105
-
-
social contributions
58
58
-
-
total
58
58
-
-
Income
1 700
1 700
1 700
1 700
Total tax
615
653
477
386
After tax
1 085
1 047
1 223
1 314
Living cost
400
400
400
400
Free-cash
685
647
823
914

Estimated living cost  is $400 per week

$264
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
$829
$857
$803
$809
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
-
-
-
1 700
income
-
-
-
255
social contributions
-
-
-
235
health
-
-
-
119
total
-
-
-
609
Employee
374
-
1 700
-
income
62
-
283
-
social contributions
52
-
235
-
health
26
-
119
-
total
140
-
637
-
Employer
374
-
1 700
-
total
-
-
-
-
Corporate
1 326
1 700
-
-
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%.

66
85
-
-
total
66
85
-
-
Dividends
1 260
1 615
-
-
withholding
189
242
-
-
health
88
113
-
-
social contributions
174
223
-
-
total
451
578
-
-
Income
1 700
1 700
1 700
1 700
Total tax
657
663
637
609
After tax
1 043
1 037
1 063
1 091
Living cost
234
234
234
234
Free-cash
809
803
829
857

Estimated living cost  is $234 per week

$156
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
$575
$648
$868
$761
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
-
-
-
1 700
income
-
-
-
168
social contributions
-
-
-
352
solidarity contribution
-
-
-
-
health
-
-
-
230
total
-
-
-
750
Employee
444
-
1 283
-
solidarity contribution
-
-
-
-
income
53
-
155
-
social contributions
29
-
78
-
health
60
-
173
-
total
142
-
406
-
Employer
444
-
1 283
-
social contributions
111
-
302
-
health
40
-
115
-
total
151
-
417
-
Corporate
1 106
1 700
-
-
income
210
323
-
-
total
210
323
-
-
Dividends
896
1 377
-
-
withholding
134
207
-
-
total
134
207
-
-
Income
1 700
1 700
1 700
1 700
Total tax
637
530
823
750
After tax
1 063
1 170
877
950
Living cost
302
302
302
302
Free-cash
761
868
575
648

Estimated living cost  is $302 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
$1232
$1555
$1487
$1463
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%.

-
-
-
1 700
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
161
-
1 700
-
income
32
-
340
-
total
32
-
340
-
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%.

1 539
1 700
-
-
total
-
-
-
-
Dividends
1 539
1 700
-
-
withholding
77
85
-
-
total
77
85
-
-
Income
1 700
1 700
1 700
1 700
Total tax
109
85
340
17
After tax
1 591
1 615
1 360
1 683
Living cost
128
128
128
128
Free-cash
1 463
1 487
1 232
1 555

Estimated living cost  is $128 per week

$87
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.
$32
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
$430
$431
$324
$402
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
-
-
-
1 700
income
-
-
-
246
social contributions
-
-
-
48
health
-
-
-
64
surtax
-
-
-
-
pensions
-
-
-
326
other
-
-
-
53
total
-
-
-
737
Employee
690
-
1 331
-
income
60
-
245
-
social contributions
20
-
38
-
surtax
-
-
-
-
pensions
78
-
86
-
total
158
-
369
-
Employer
690
-
1 331
-
unemployment
28
-
54
-
social contributions
2
-
4
-
pensions
113
-
146
-
other
24
-
49
-
health
48
-
116
-
total
215
-
369
-
Corporate
794
1 700
-
-
income
222
476
-
-
surtax
-
-
-
-
total
222
476
-
-
Dividends
572
1 224
-
-
withholding
73
157
-
-
surtax
-
-
-
-
social contributions
98
211
-
-
total
171
368
-
-
Income
1 700
1 700
1 700
1 700
Total tax
766
844
738
737
After tax
934
856
962
963
Living cost
532
532
532
532
Free-cash
402
324
430
431

Estimated living cost  is $532 per week

$360
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.
$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
Belgrade , Serbia
$824
$824
$1038
$985
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.

-
-
-
1 700
income
-
-
-
379
health
-
-
-
84
unemployment
-
-
-
12
pensions
-
-
-
211
total
-
-
-
686
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.

287
-
1 555
-
income
39
-
379
-
health
15
-
42
-
unemployment
2
-
6
-
pensions
40
-
114
-
total
96
-
541
-
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.

287
-
1 555
-
unemployment
2
-
6
-
pensions
34
-
97
-
health
15
-
42
-
total
51
-
145
-
Corporate
1 362
1 700
-
-
income
204
255
-
-
total
204
255
-
-
Dividends
1 158
1 445
-
-
withholding
174
217
-
-
total
174
217
-
-
Income
1 700
1 700
1 700
1 700
Total tax
525
472
686
686
After tax
1 175
1 228
1 014
1 014
Living cost
190
190
190
190
Free-cash
985
1 038
824
824

Estimated living cost  is $190 per week

$128
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.
$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
$531
$610
$7
$335
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
-
-
-
1 700
regional
-
-
-
82
national
-
-
-
26
health
-
-
-
4
city
-
-
-
18
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.

-
-
-
34
pensions
-
-
-
156
total
-
-
-
320
Employee
901
-
1 522
-
regional
30
-
71
-
city
10
-
16
-
health
2
-
3
-
unemployment
-
-
-
-
national
4
-
20
-
pensions
76
-
128
-
total
122
-
238
-
Employer
901
-
1 522
-
unemployment
-
-
-
-
pensions
76
-
128
-
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
-
161
-
Corporate
693
1 700
-
-
regional
147
360
-
-
national
59
144
-
-
total
206
504
-
-
Dividends
488
1 196
-
-
withholding
171
419
-
-
total
171
419
-
-
Income
1 700
1 700
1 700
1 700
Total tax
595
923
399
320
After tax
1 105
777
1 301
1 380
Living cost
770
770
770
770
Free-cash
335
7
531
610

Estimated living cost  is $770 per week

$501
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.
$191
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
$485
$708
$657
$679
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

-
-
-
1 700
municipal
-
-
-
302
national
-
-
-
245
health
-
-
-
22
total
-
-
-
569
Employee
580
-
1 430
-
health
4
-
17
-
unemployment
9
-
21
-
national
10
-
155
-
municipal
95
-
233
-
pensions
39
-
97
-
total
157
-
523
-
Employer
580
-
1 430
-
unemployment
4
-
9
-
pensions
101
-
248
-
accident
1
-
1
-
health
4
-
11
-
total
110
-
269
-
Corporate
1 011
1 700
-
-
income
202
340
-
-
total
202
340
-
-
Dividends

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

606
1 020
-
-
national
20
96
-
-
municipal
109
184
-
-
total
129
280
-
-
Income
1 700
1 700
1 700
1 700
Total tax
598
620
792
569
After tax
1 102
1 080
908
1 131
Living cost
423
423
423
423
Free-cash
679
657
485
708

Estimated living cost  is $423 per week

$276
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.
$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

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
$210
$338
$549
$385
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 700
national
-
-
-
609
social contributions
-
-
-
265
communal

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

-
-
-
86
total
-
-
-
960
Employee

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

789
-
1 317
-
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
-
62
-
communal

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

41
-
69
-
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
242
-
464
-
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
-
99
-
total
386
-
705
-
Employer

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

789
-
1 317
-
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
-
117
-
surtax
89
-
149
-
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.

48
-
81
-
total
229
-
383
-
Corporate
682
1 700
-
-
income
136
340
-
-
surtax
3
7
-
-
total
139
347
-
-
Dividends
543
1 353
-
-
withholding

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

159
402
-
-
total
159
402
-
-
Income
1 700
1 700
1 700
1 700
Total tax
913
749
1 088
960
After tax
787
951
612
740
Living cost
402
402
402
402
Free-cash
385
549
210
338

Estimated living cost  is $402 per week

$259
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
$427
$436
$472
$462
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
-
-
-
1 700
municipal
-
-
-
421
national
-
-
-
98
health
-
-
-
62
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
108
other
-
-
-
116
total
-
-
-
808
Employee
650
-
1 386
-
national
-
-
91
-
municipal
194
-
413
-
total
194
-
504
-
Employer
650
-
1 386
-
unemployment
17
-
26
-
pensions
70
-
108
-
other
76
-
116
-
accident
1
-
2
-
health
40
-
61
-
total
204
-
313
-
Corporate
846
1 700
-
-
income
186
374
-
-
total
186
374
-
-
Dividends
660
1 326
-
-
withholding
198
398
-
-
total
198
398
-
-
Income
1 700
1 700
1 700
1 700
Total tax
782
772
817
808
After tax
918
928
883
892
Living cost
456
456
456
456
Free-cash
462
472
427
436

Estimated living cost  is $456 per week

$302
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
$1043
$671
$530
-$43
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
-
-
-
1 700
income
-
-
-
331
social contributions
-
-
-
194
total
-
-
-
525
Employee
723
-
-
-
income
160
-
-
-
social contributions
59
-
8
-
total
219
-
8
-
Employer
723
-
-
-
social contributions
1 020
-
145
-
total
1 020
-
145
-
Corporate
-
1 700
-
-
income
-
374
-
-
total
-
374
-
-
Dividends
-
1 326
-
-
income
-
292
-
-
total
-
292
-
-
Income
1 700
1 700
1 700
1 700
Total tax
1 239
666
153
525
After tax
461
1 034
1 547
1 175
Living cost
504
504
504
504
Free-cash
-43
530
1 043
671

Estimated living cost  is $504 per week

$327
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.
$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
Limassol , Cyprus
$800
$817
$884
$838
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
-
-
-
1 700
income
-
-
-
304
social contributions
-
-
-
178
health
-
-
-
43
total
-
-
-
525
Employee
848
848
1 576
-
income
89
78
296
-
social contributions
41
70
95
-
health
8
14
27
-
total
138
162
418
-
Employer
848
848
1 576
-
social contributions
41
70
95
-
health
9
16
29
-
total
50
86
124
-
Corporate
1 153
766
-
-
income
144
96
-
-
total
144
96
-
-
Dividends
1 009
671
-
-
withholding
172
114
-
-
total
172
114
-
-
Income
1 700
1 700
1 700
1 700
Total tax
504
458
542
525
After tax
1 196
1 242
1 158
1 175
Living cost
358
358
358
358
Free-cash
838
884
800
817

Estimated living cost  is $358 per week

$244
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.
$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
Edinburgh , United Kingdom
$587
$741
$733
$797
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 700
income
-
-
-
465
pensions
-
-
-
93
total
-
-
-
558
Employee
550
-
1 487
-
income
100
-
361
-
health
7
-
22
-
pensions
42
-
116
-
total
149
-
499
-
Employer
550
-
1 487
-
pensions
56
-
185
-
health
10
-
28
-
total
66
-
213
-
Corporate
1 084
1 700
-
-
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.

206
323
-
-
total
206
323
-
-
Dividends
878
1 377
-
-
withholding
81
243
-
-
total
81
243
-
-
Income
1 700
1 700
1 700
1 700
Total tax
502
566
712
558
After tax
1 198
1 134
988
1 142
Living cost
401
401
401
401
Free-cash
797
733
587
741

Estimated living cost  is $401 per week

$275
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
$293
$368
$456
$406
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
-
-
-
1 700
municipal
-
-
-
11
regional
-
-
-
39
national
-
-
-
406
social contributions
-
-
-
437
total
-
-
-
893
Employee
929
-
1 700
-
regional
14
-
34
-
social contributions
313
-
573
-
national
157
-
351
-
municipal
6
-
10
-
total
490
-
968
-
Employer
929
-
1 700
-
total
-
-
-
-
Corporate
771
1 700
-
-
nationa
185
408
-
-
municipal
37
82
-
-
total
222
490
-
-
Dividends
549
1 210
-
-
withholding
143
315
-
-
total
143
315
-
-
Income
1 700
1 700
1 700
1 700
Total tax
855
805
968
893
After tax
845
895
732
807
Living cost
439
439
439
439
Free-cash
406
456
293
368

Estimated living cost  is $439 per week

$308
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
$690
$932
-$92
$103
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
-
-
-
1 700
income
-
-
-
464
health
-
-
-
23
accident
-
-
-
3
pensions
-
-
-
44
other
-
-
-
4
total
-
-
-
538
Employee
362
-
1 522
-
income
50
-
349
-
health
41
-
174
-
pensions
41
-
80
-
total
132
-
603
-
Employer
362
-
1 522
-
unemployment
9
-
37
-
pensions
59
-
115
-
accident
6
-
25
-
total
74
-
177
-
Corporate
1 264
1 700
-
-
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.

1 137
1 530
-
-
total
1 137
1 530
-
-
Dividends
126
170
-
-
withholding
24
32
-
-
total
24
32
-
-
Income
1 700
1 700
1 700
1 700
Total tax
1 367
1 562
780
538
After tax
333
138
920
1 162
Living cost
230
230
230
230
Free-cash
103
-92
690
932

Estimated living cost  is $230 per week

$169
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
$673
$503
$449
$595
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.

-
-
-
1 700
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.

-
-
-
499
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.

-
-
-
75
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.

-
-
-
27
total
-
-
-
771
Employee

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

549
-
1 700
-
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
-
499
-
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.

75
-
75
-
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.

2
-
27
-
total
122
-
601
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 151
1 700
-
-
chamber of commerce
3
4
-
-
income
173
255
-
-
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
165
244
-
-
total
350
517
-
-
Dividends
801
1 183
-
-
withholding
196
292
-
-
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
16
-
-
total
207
308
-
-
Income
1 700
1 700
1 700
1 700
Total tax
679
825
601
771
After tax
1 021
875
1 099
929
Living cost
426
426
426
426
Free-cash
595
449
673
503

Estimated living cost  is $426 per week

$294
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
$801
$335
$1131
$1041
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
1 700
microenterprise
-
-
-
-
income
-
-
-
281
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.

-
-
-
422
surtax
-
-
-
433
total
-
-
-
1 136
Employee
322
-
1 229
-
income
57
-
239
-
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.

35
-
135
-
surtax
-
-
-
-
total
92
-
374
-
Employer
322
-
1 229
-
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.

78
-
296
-
surtax
-
-
-
-
total
78
-
296
-
Corporate
1 300
1 700
-
-
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%.

260
340
-
-
total
260
340
-
-
Dividends

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

1 040
1 360
-
-
total
-
-
-
-
Income
1 700
1 700
1 700
1 700
Total tax
430
340
670
1 136
After tax
1 270
1 360
1 030
564
Living cost
229
229
229
229
Free-cash
1 041
1 131
801
335

Estimated living cost  is $229 per week

$146
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
$870
$880
$918
$893
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
-
-
-
1 700
income
-
-
-
499
health
-
-
-
75
pensions
-
-
-
104
total
-
-
-
678
Employee
217
-
1 583
-
income
42
-
494
-
health
11
-
26
-
unemployment
2
-
5
-
pensions
20
-
47
-
total
75
-
572
-
Employer
217
-
1 583
-
unemployment
4
-
10
-
pensions
24
-
57
-
health
21
-
49
-
total
49
-
116
-
Corporate
1 434
1 700
-
-
income
316
374
-
-
total
316
374
-
-
Dividends
1 119
1 326
-
-
withholding
224
265
-
-
total
224
265
-
-
Income
1 700
1 700
1 700
1 700
Total tax
664
639
688
678
After tax
1 036
1 061
1 012
1 022
Living cost
143
143
143
143
Free-cash
893
918
870
880

Estimated living cost  is $143 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
$500
$559
$821
$787
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
-
-
-
1 700
income
-
-
-
430
health
-
-
-
104
unemployment
-
-
-
3
surtax
-
-
-
62
pensions
-
-
-
294
other
-
-
-
-
total
-
-
-
893
Employee
371
-
1 404
-
other
-
-
-
-
income
62
-
375
-
health
9
-
36
-
unemployment
26
-
98
-
surtax
1
-
53
-
pensions
25
-
94
-
total
123
-
656
-
Employer
371
-
1 404
-
unemployment
12
-
45
-
pensions
49
-
187
-
other
-
-
-
-
health
17
-
64
-
total
78
-
296
-
Corporate
1 251
1 700
-
-
income
325
442
-
-
total
325
442
-
-
Dividends
925
1 258
-
-
withholding
139
189
-
-
total
139
189
-
-
Income
1 700
1 700
1 700
1 700
Total tax
665
631
952
893
After tax
1 035
1 069
748
807
Living cost
248
248
248
248
Free-cash
787
821
500
559

Estimated living cost  is $248 per week

$149
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
$91
$521
$592
$588
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 700
income
-
-
-
415
chamber of commerce
-
-
-
7
health
-
-
-
99
unemployment
-
-
-
68
surtax
-
-
-
-
pensions
-
-
-
238
total
-
-
-
827
Employee
482
439
1 327
-
other
5
4
13
-
income
43
32
327
-
health
19
17
50
-
unemployment
14
13
39
-
pensions
49
45
132
-
total
130
111
561
-
Employer
482
439
1 327
-
unemployment
14
13
39
-
chamber of commerce
2
2
5
-
pensions
60
55
162
-
p