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
$772
$596
$643
$823
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
unemployment
-
-
-
7
income
-
-
-
425
other
-
-
-
1
accident
-
-
-
10
pensions
-
-
-
300
total
-
-
-
743
Employee
423
-
1 362
-
unemployment
7
-
16
-
pensions
20
-
50
-
income
81
-
386
-
other
-
-
1
-
total
108
-
453
-
Employer
423
-
1 362
-
pensions
100
-
250
-
accident
8
-
21
-
unemployment
23
-
58
-
other
3
-
8
-
total
134
-
337
-
Corporate
1 143
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.

171
255
-
-
total
171
255
-
-
Dividends
971
1 445
-
-
withholding
201
308
-
-
total
201
308
-
-
Income
1 700
1 700
1 700
1 700
Total tax
614
563
790
743
After tax
1 086
1 137
910
957
Living cost
314
314
314
314
Free-cash
772
823
596
643

Estimated living cost  is $314 per week

$212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$30
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$66
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
$867
$665
$595
$944
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
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.

-
-
-
408
income
-
-
-
236
other
-
-
-
81
health
-
-
-
75
total
-
-
-
800
Employee
415
-
1 358
-
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.

29
-
95
-
income
71
-
259
-
total
110
-
387
-
Employer
415
-
1 358
-
health
6
-
19
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

71
-
231
-
accident
3
-
11
-
unemployment
4
-
14
-
other
21
-
68
-
total
105
-
343
-
Corporate
1 180
1 700
-
-
income
248
357
-
-
total
248
357
-
-
Dividends
933
1 343
-
-
withholding
65
94
-
-
total
65
94
-
-
Income
1 700
1 700
1 700
1 700
Total tax
528
451
730
800
After tax
1 172
1 249
970
900
Living cost
305
305
305
305
Free-cash
867
944
665
595

Estimated living cost  is $305 per week

$215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$21
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
$1251
$1253
$1188
$1303
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
pensions

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

-
-
-
59
unemployment
-
-
-
2
income
-
-
-
255
health
-
-
-
46
total
-
-
-
362
Employee
199
-
1 622
-
health
9
-
18
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
pensions

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

17
-
35
-
income
20
-
162
-
total
48
-
219
-
Employer
199
-
1 622
-
health
14
-
28
-
pensions

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

22
-
44
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
unemployment
1
-
2
-
total
39
-
78
-
Corporate
1 462
1 700
-
-
income
146
170
-
-
total
146
170
-
-
Dividends
1 316
1 530
-
-
withholding
66
77
-
-
total
66
77
-
-
Income
1 700
1 700
1 700
1 700
Total tax
299
247
297
362
After tax
1 401
1 453
1 403
1 338
Living cost
150
150
150
150
Free-cash
1 251
1 303
1 253
1 188

Estimated living cost  is $150 per week

$88
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$11
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$48
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
$534
$578
$572
$465
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
-
-
-
241
other
-
-
-
53
health
-
-
-
62
social contributions
-
-
-
48
pensions
-
-
-
333
surtax
-
-
-
-
total
-
-
-
737
Employee
489
-
1 335
-
pensions
55
-
85
-
income
29
-
243
-
social contributions
14
-
38
-
surtax
-
-
-
-
total
98
-
366
-
Employer
489
-
1 335
-
health
34
-
114
-
social contributions
1
-
4
-
pensions
80
-
144
-
unemployment
20
-
54
-
other
17
-
49
-
total
152
-
365
-
Corporate
1 058
1 700
-
-
income
296
476
-
-
surtax
-
-
-
-
total
296
476
-
-
Dividends
762
1 224
-
-
social contributions
131
211
-
-
surtax
-
-
-
-
withholding
98
157
-
-
total
229
368
-
-
Income
1 700
1 700
1 700
1 700
Total tax
775
844
731
737
After tax
925
856
969
963
Living cost
391
391
391
391
Free-cash
534
465
578
572

Estimated living cost  is $391 per week

$247
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$32
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$106
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
$287
$549
$481
$358
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
pensions
-
-
-
134
income
-
-
-
465
health
-
-
-
141
total
-
-
-
740
Employee
976
976
1 488
-
health
150
127
141
-
pensions
176
134
134
-
income

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

160
160
185
-
total
486
421
460
-
Employer
976
976
1 488
-
health
68
68
84
-
pensions
68
68
84
-
unemployment
35
35
44
-
total
171
171
212
-
Corporate
565
553
-
-
income
113
111
-
-
total
113
111
-
-
Dividends
452
443
-
-
income
96
94
-
-
withholding
68
66
-
-
total
164
160
-
-
Income
1 700
1 700
1 700
1 700
Total tax
934
863
672
740
After tax
766
837
1 028
960
Living cost
479
479
479
479
Free-cash
287
358
549
481

Estimated living cost  is $479 per week

$339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$43
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$89
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
$638
$758
$574
$512
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
trade
-
-
-
184
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.

-
-
-
491
health

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

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

-
-
-
78
surtax

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

-
-
-
27
total
-
-
-
780
Employee

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

437
-
1 700
-
health

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

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

78
-
78
-
income

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

12
-
491
-
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
91
-
596
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 263
1 700
-
-
income
189
255
-
-
trade
199
268
-
-
surtax

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

10
14
-
-
chamber of commerce
4
4
-
-
total
402
541
-
-
Dividends
861
1 159
-
-
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
-
-
withholding
211
285
-
-
total
223
301
-
-
Income
1 700
1 700
1 700
1 700
Total tax
716
842
596
780
After tax
984
858
1 104
920
Living cost
346
346
346
346
Free-cash
638
512
758
574

Estimated living cost  is $346 per week

$218
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$40
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$82
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
$915
$897
$913
$977
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
-
-
-
294
health
-
-
-
43
social contributions
-
-
-
185
total
-
-
-
522
Employee
879
879
1 573
-
health
7
15
27
-
income
96
81
286
-
social contributions
33
73
98
-
total
136
169
411
-
Employer
879
879
1 573
-
health
7
16
29
-
social contributions
33
73
98
-
total
40
89
127
-
Corporate
1 259
732
-
-
income
157
91
-
-
total
157
91
-
-
Dividends
1 102
641
-
-
withholding
187
109
-
-
total
187
109
-
-
Income
1 700
1 700
1 700
1 700
Total tax
520
458
538
522
After tax
1 180
1 242
1 162
1 178
Living cost
265
265
265
265
Free-cash
915
977
897
913

Estimated living cost  is $265 per week

$159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$26
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$74
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
$598
$444
$563
$609
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
-
-
-
188
social contributions

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

-
-
-
591
surtax
-
-
-
-
total
-
-
-
779
Employee
526
-
1 374
-
income
109
-
421
-
social contributions
58
-
151
-
surtax
-
-
-
-
total
167
-
572
-
Employer
526
-
1 374
-
social contributions
125
-
326
-
total
125
-
326
-
Corporate
1 050
1 700
-
-
income
220
357
-
-
surtax
-
-
-
-
total
220
357
-
-
Dividends
829
1 343
-
-
withholding
232
376
-
-
total
232
376
-
-
Income
1 700
1 700
1 700
1 700
Total tax
744
733
898
779
After tax
956
967
802
921
Living cost
358
358
358
358
Free-cash
598
609
444
563

Estimated living cost  is $358 per week

$268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$21
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$63
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
$1514
$1275
$1598
$1530
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
107
-
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%.

1 593
1 700
-
-
total
-
-
-
-
Dividends
1 593
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
85
85
85
85
Free-cash
1 514
1 530
1 275
1 598

Estimated living cost  is $85 per week

$53
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$7
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$2
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$23
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Ljubljana , Slovenia
$767
$494
$539
$863
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
pensions
-
-
-
310
unemployment
-
-
-
3
income
-
-
-
374
health
-
-
-
167
total
-
-
-
854
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.

505
-
1 471
-
health
33
-
95
-
unemployment
1
-
2
-
pensions
78
-
228
-
income
87
-
345
-
total
199
-
670
-
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.

505
-
1 471
-
health
34
-
98
-
pensions
45
-
130
-
unemployment
-
-
1
-
total
79
-
229
-
Corporate
1 116
1 700
-
-
income
212
323
-
-
total
212
323
-
-
Dividends
904
1 377
-
-
withholding
136
207
-
-
total
136
207
-
-
Income
1 700
1 700
1 700
1 700
Total tax
626
530
899
854
After tax
1 074
1 170
801
846
Living cost
307
307
307
307
Free-cash
767
863
494
539

Estimated living cost  is $307 per week

$210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$71
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
$669
$812
$888
$630
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
-
-
-
325
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
-
-
-
397
Employee
524
-
1 647
-
social contributions
53
-
53
-
income
57
-
367
-
total
110
-
420
-
Employer
524
-
1 647
-
social contributions
53
-
53
-
total
53
-
53
-
Corporate
1 123
1 700
-
-
income
393
595
-
-
total
393
595
-
-
Dividends
730
1 105
-
-
social contributions
60
60
-
-
total
60
60
-
-
Income
1 700
1 700
1 700
1 700
Total tax
616
655
473
397
After tax
1 084
1 045
1 227
1 303
Living cost
415
415
415
415
Free-cash
669
630
812
888

Estimated living cost  is $415 per week

$273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$33
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
$801
$823
$849
$795
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
-
-
-
119
social contributions
-
-
-
235
total
-
-
-
609
Employee
387
-
1 700
-
health
27
-
119
-
income
65
-
281
-
social contributions
53
-
235
-
total
145
-
635
-
Employer
387
-
1 700
-
total
-
-
-
-
Corporate
1 313
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
1 247
1 615
-
-
social contributions
172
223
-
-
withholding
187
242
-
-
health
87
113
-
-
total
446
578
-
-
Income
1 700
1 700
1 700
1 700
Total tax
657
663
635
609
After tax
1 043
1 037
1 065
1 091
Living cost
242
242
242
242
Free-cash
801
795
823
849

Estimated living cost  is $242 per week

$162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$60
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
$739
$545
$614
$851
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
-
-
-
165
health
-
-
-
229
social contributions
-
-
-
373
solidarity contribution
-
-
-
-
total
-
-
-
767
Employee
470
-
1 269
-
health
63
-
171
-
solidarity contribution
-
-
-
-
income
56
-
152
-
social contributions
31
-
82
-
total
150
-
405
-
Employer
470
-
1 269
-
health
42
-
114
-
social contributions
117
-
317
-
total
159
-
431
-
Corporate
1 071
1 700
-
-
income
203
323
-
-
total
203
323
-
-
Dividends
867
1 377
-
-
withholding
130
207
-
-
total
130
207
-
-
Income
1 700
1 700
1 700
1 700
Total tax
642
530
836
767
After tax
1 058
1 170
864
933
Living cost
319
319
319
319
Free-cash
739
851
545
614

Estimated living cost  is $319 per week

$237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$59
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
$1457
$1227
$1550
$1482
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
166
-
1 700
-
income
33
-
340
-
total
33
-
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%.

1 534
1 700
-
-
total
-
-
-
-
Dividends
1 534
1 700
-
-
withholding
77
85
-
-
total
77
85
-
-
Income
1 700
1 700
1 700
1 700
Total tax
110
85
340
17
After tax
1 590
1 615
1 360
1 683
Living cost
133
133
133
133
Free-cash
1 457
1 482
1 227
1 550

Estimated living cost  is $133 per week

$90
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$6
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$33
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Paris , France
$384
$417
$411
$304
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 700
income
-
-
-
241
other
-
-
-
53
health
-
-
-
62
social contributions
-
-
-
48
pensions
-
-
-
333
surtax
-
-
-
-
total
-
-
-
737
Employee
716
-
1 335
-
pensions
81
-
85
-
income
62
-
243
-
social contributions
20
-
38
-
surtax
-
-
-
-
total
163
-
366
-
Employer
716
-
1 335
-
health
50
-
114
-
social contributions
2
-
4
-
pensions
118
-
144
-
unemployment
29
-
54
-
other
25
-
49
-
total
224
-
365
-
Corporate
761
1 700
-
-
income
213
476
-
-
surtax
-
-
-
-
total
213
476
-
-
Dividends
548
1 224
-
-
social contributions
94
211
-
-
surtax
-
-
-
-
withholding
70
157
-
-
total
164
368
-
-
Income
1 700
1 700
1 700
1 700
Total tax
764
844
731
737
After tax
936
856
969
963
Living cost
552
552
552
552
Free-cash
384
304
417
411

Estimated living cost  is $552 per week

$374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$45
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
$976
$809
$807
$1031
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
pensions
-
-
-
219
unemployment
-
-
-
13
income
-
-
-
377
health
-
-
-
87
total
-
-
-
696
Employee

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

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

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

297
-
1 549
-
health
15
-
43
-
unemployment
2
-
6
-
pensions
42
-
118
-
income
41
-
377
-
total
100
-
544
-
Employer

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

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

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

297
-
1 549
-
health
15
-
43
-
pensions
36
-
101
-
unemployment
2
-
6
-
total
53
-
150
-
Corporate
1 350
1 700
-
-
income
202
255
-
-
total
202
255
-
-
Dividends
1 147
1 445
-
-
withholding
172
217
-
-
total
172
217
-
-
Income
1 700
1 700
1 700
1 700
Total tax
527
472
694
696
After tax
1 173
1 228
1 006
1 004
Living cost
197
197
197
197
Free-cash
976
1 031
809
807

Estimated living cost  is $197 per week

$133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$43
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
$324
$507
$588
-$19
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
pensions
-
-
-
156
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
health
-
-
-
4
regional
-
-
-
80
national
-
-
-
24
total
-
-
-
316
Employee
931
-
1 522
-
health
2
-
3
-
unemployment
-
-
-
-
city
10
-
16
-
pensions
78
-
128
-
regional
30
-
70
-
national
4
-
19
-
total
124
-
236
-
Employer
931
-
1 522
-
health
2
-
3
-
pensions
78
-
128
-
unemployment
-
-
-
-
other

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

19
-
30
-
total
99
-
161
-
Corporate
659
1 700
-
-
regional
139
360
-
-
national
56
144
-
-
total
195
504
-
-
Dividends
464
1 196
-
-
withholding
162
419
-
-
total
162
419
-
-
Income
1 700
1 700
1 700
1 700
Total tax
580
923
397
316
After tax
1 120
777
1 303
1 384
Living cost
796
796
796
796
Free-cash
324
-19
507
588

Estimated living cost  is $796 per week

$518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$71
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$10
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$197
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
$667
$474
$704
$645
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
health
-
-
-
21
national
-
-
-
234
total
-
-
-
557
Employee
601
-
1 430
-
health
4
-
17
-
unemployment
9
-
21
-
pensions
41
-
97
-
national
10
-
150
-
municipal
98
-
233
-
total
162
-
518
-
Employer
601
-
1 430
-
health
5
-
11
-
pensions
104
-
248
-
accident
1
-
1
-
unemployment
4
-
9
-
total
114
-
269
-
Corporate
985
1 700
-
-
income
197
340
-
-
total
197
340
-
-
Dividends

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

591
1 020
-
-
municipal
106
184
-
-
national
15
92
-
-
total
121
276
-
-
Income
1 700
1 700
1 700
1 700
Total tax
594
616
787
557
After tax
1 106
1 084
913
1 143
Living cost
439
439
439
439
Free-cash
667
645
474
704

Estimated living cost  is $439 per week

$287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$42
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
$363
$199
$326
$534
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
communal

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

-
-
-
86
social contributions
-
-
-
266
national
-
-
-
605
total
-
-
-
957
Employee

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

817
-
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.

38
-
62
-
communal

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

43
-
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
-
pensions

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

61
-
99
-
national
251
-
460
-
total
400
-
701
-
Employer

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

817
-
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.

50
-
81
-
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.

72
-
117
-
surtax
93
-
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.

11
-
17
-
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
-
total
238
-
383
-
Corporate
645
1 700
-
-
income
129
340
-
-
surtax
3
7
-
-
total
132
347
-
-
Dividends
513
1 353
-
-
withholding

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

150
402
-
-
total
150
402
-
-
Income
1 700
1 700
1 700
1 700
Total tax
920
749
1 084
957
After tax
780
951
616
743
Living cost
417
417
417
417
Free-cash
363
534
199
326

Estimated living cost  is $417 per week

$268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$36
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
$424
$394
$408
$435
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
unemployment
-
-
-
1
municipal
-
-
-
414
other
-
-
-
125
health
-
-
-
67
national
-
-
-
73
accident
-
-
-
2
pensions
-
-
-
117
total
-
-
-
799
Employee
702
-
1 361
-
national
-
-
68
-
municipal
209
-
406
-
total
209
-
474
-
Employer
702
-
1 361
-
health
43
-
66
-
pensions
76
-
117
-
accident
1
-
2
-
unemployment
19
-
29
-
other
82
-
125
-
total
221
-
339
-
Corporate
777
1 700
-
-
income
171
374
-
-
total
171
374
-
-
Dividends
606
1 326
-
-
withholding
182
398
-
-
total
182
398
-
-
Income
1 700
1 700
1 700
1 700
Total tax
783
772
813
799
After tax
917
928
887
901
Living cost
493
493
493
493
Free-cash
424
435
394
408

Estimated living cost  is $493 per week

$327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$48
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$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.
$110
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
-$173
$993
$633
$492
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 700
income
-
-
-
331
social contributions
-
-
-
194
total
-
-
-
525
Employee
777
-
-
-
income
171
-
-
-
social contributions
64
-
9
-
total
235
-
9
-
Employer
777
-
-
-
social contributions
1 096
-
156
-
total
1 096
-
156
-
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
1 331
666
165
525
After tax
369
1 034
1 535
1 175
Living cost
542
542
542
542
Free-cash
-173
492
993
633

Estimated living cost  is $542 per week

$352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$51
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.
$132
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
$821
$791
$807
$871
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
-
-
-
294
health
-
-
-
43
social contributions
-
-
-
185
total
-
-
-
522
Employee
879
879
1 573
-
health
9
15
27
-
income
92
81
286
-
social contributions
43
73
98
-
total
144
169
411
-
Employer
879
879
1 573
-
health
10
16
29
-
social contributions
43
73
98
-
total
53
89
127
-
Corporate
1 133
732
-
-
income
142
91
-
-
total
142
91
-
-
Dividends
992
641
-
-
withholding
169
109
-
-
total
169
109
-
-
Income
1 700
1 700
1 700
1 700
Total tax
508
458
538
522
After tax
1 192
1 242
1 162
1 178
Living cost
371
371
371
371
Free-cash
821
871
791
807

Estimated living cost  is $371 per week

$253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$29
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$82
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
$795
$583
$737
$730
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
-
-
-
461
pensions
-
-
-
94
total
-
-
-
555
Employee
561
-
1 487
-
health
7
-
22
-
pensions
43
-
118
-
income
102
-
357
-
total
152
-
497
-
Employer
561
-
1 487
-
health
11
-
28
-
pensions
57
-
184
-
total
68
-
212
-
Corporate
1 072
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.

204
323
-
-
total
204
323
-
-
Dividends
868
1 377
-
-
withholding
73
239
-
-
total
73
239
-
-
Income
1 700
1 700
1 700
1 700
Total tax
497
562
709
555
After tax
1 203
1 138
991
1 145
Living cost
408
408
408
408
Free-cash
795
730
583
737

Estimated living cost  is $408 per week

$280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$38
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$86
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

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

Rome , Italy
$387
$280
$356
$440
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
social contributions
-
-
-
437
national
-
-
-
402
total
-
-
-
889
Employee
963
-
1 700
-
social contributions
325
-
573
-
regional
15
-
34
-
national
163
-
348
-
municipal
6
-
10
-
total
509
-
965
-
Employer
963
-
1 700
-
total
-
-
-
-
Corporate
737
1 700
-
-
nationa
177
408
-
-
municipal
36
82
-
-
total
213
490
-
-
Dividends
525
1 210
-
-
withholding
136
315
-
-
total
136
315
-
-
Income
1 700
1 700
1 700
1 700
Total tax
858
805
965
889
After tax
842
895
735
811
Living cost
455
455
455
455
Free-cash
387
440
280
356

Estimated living cost  is $455 per week

$320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$31
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$97
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
$101
$673
$921
-$104
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
pensions
-
-
-
46
income
-
-
-
460
other
-
-
-
4
health
-
-
-
24
accident
-
-
-
3
total
-
-
-
537
Employee
381
-
1 516
-
health
44
-
174
-
pensions
43
-
84
-
income
52
-
344
-
total
139
-
602
-
Employer
381
-
1 516
-
pensions
62
-
121
-
accident
6
-
25
-
unemployment
9
-
37
-
total
77
-
183
-
Corporate
1 242
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.

1 117
1 530
-
-
total
1 117
1 530
-
-
Dividends
124
170
-
-
withholding
24
32
-
-
total
24
32
-
-
Income
1 700
1 700
1 700
1 700
Total tax
1 357
1 562
785
537
After tax
343
138
915
1 163
Living cost
242
242
242
242
Free-cash
101
-104
673
921

Estimated living cost  is $242 per week

$177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$13
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$46
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
$584
$663
$495
$435
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
trade
-
-
-
168
income

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

-
-
-
491
health

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

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

-
-
-
78
surtax

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

-
-
-
27
total
-
-
-
764
Employee

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

569
-
1 700
-
health

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

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

78
-
78
-
income

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

47
-
491
-
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
-
27
-
total
128
-
596
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 131
1 700
-
-
income
170
255
-
-
trade
162
244
-
-
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
-
-
chamber of commerce
3
4
-
-
total
344
517
-
-
Dividends
787
1 183
-
-
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
-
-
withholding
192
291
-
-
total
203
307
-
-
Income
1 700
1 700
1 700
1 700
Total tax
675
824
596
764
After tax
1 025
876
1 104
936
Living cost
441
441
441
441
Free-cash
584
435
663
495

Estimated living cost  is $441 per week

$304
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.
$83
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
$1029
$799
$314
$1122
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
income
-
-
-
277
microenterprise
-
-
-
-
social contributions

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

-
-
-
438
surtax
-
-
-
433
total
-
-
-
1 148
Employee
334
-
1 217
-
income
59
-
236
-
social contributions

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

37
-
134
-
surtax
-
-
-
-
total
96
-
370
-
Employer
334
-
1 217
-
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.

80
-
293
-
surtax
-
-
-
-
total
80
-
293
-
Corporate
1 286
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%.

257
340
-
-
total
257
340
-
-
Dividends

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

1 029
1 360
-
-
total
-
-
-
-
Income
1 700
1 700
1 700
1 700
Total tax
433
340
663
1 148
After tax
1 267
1 360
1 037
552
Living cost
238
238
238
238
Free-cash
1 029
1 122
799
314

Estimated living cost  is $238 per week

$152
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$23
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
$899
$873
$883
$921
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
-
-
-
501
health
-
-
-
74
pensions
-
-
-
102
total
-
-
-
677
Employee
214
-
1 585
-
health
11
-
26
-
unemployment
2
-
5
-
pensions
19
-
46
-
income
41
-
495
-
total
73
-
572
-
Employer
214
-
1 585
-
health
20
-
49
-
pensions
24
-
56
-
unemployment
4
-
10
-
total
48
-
115
-
Corporate
1 438
1 700
-
-
income
316
374
-
-
total
316
374
-
-
Dividends
1 122
1 326
-
-
withholding
224
265
-
-
total
224
265
-
-
Income
1 700
1 700
1 700
1 700
Total tax
661
639
687
677
After tax
1 039
1 061
1 013
1 023
Living cost
140
140
140
140
Free-cash
899
921
873
883

Estimated living cost  is $140 per week

$83
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$11
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$42
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
$775
$498
$550
$812
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
pensions
-
-
-
305
unemployment
-
-
-
3
income
-
-
-
417
other
-
-
-
-
health
-
-
-
108
surtax
-
-
-
60
total
-
-
-
893
Employee
385
-
1 404
-
health
10
-
36
-
unemployment
27
-
98
-
pensions
26
-
94
-
income
65
-
369
-
other
-
-
-
-
surtax
1
-
52
-
total
129
-
649
-
Employer
385
-
1 404
-
health
18
-
64
-
pensions
51
-
187
-
unemployment
12
-
45
-
other
-
-
-
-
total
81
-
296
-
Corporate
1 234
1 700
-
-
income
321
442
-
-
total
321
442
-
-
Dividends
913
1 258
-
-
withholding
137
189
-
-
total
137
189
-
-
Income
1 700
1 700
1 700
1 700
Total tax
668
631
945
893
After tax
1 032
1 069
755
807
Living cost
257
257
257
257
Free-cash
775
812
498
550

Estimated living cost  is $257 per week

$155
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$22
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$73
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
$574
$79
$508
$577
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
pensions
-
-
-
247
chamber of commerce
-
-
-
7
unemployment
-
-
-
70
income
-
-
-
401
health
-
-
-
102
surtax
-
-
-
-
total
-
-
-
827
Employee
500
455
1 320
-
health
19
18
51
-
unemployment
15
14
40
-
pensions
51
47
135
-
income
45
34
317
-
other
5
5
13
-
total
135
118
556
-
Employer
500
455
1 320
-
health
19
17
50
-
pensions
63
57
166
-
surtax
-
-
-
-
accident