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
$ 1750
per

Your estimated
City
free-cash

Valencia , Spain
$635
$681
$865
$819
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
-
-
-
1 750
income
-
-
-
460
accident
-
-
-
9
unemployment
-
-
-
7
pensions
-
-
-
289
other
-
-
-
1
total
-
-
-
766
Employee
407
-
1 425
-
other
-
-
1
-
income
78
-
422
-
unemployment
6
-
16
-
pensions
19
-
48
-
total
103
-
487
-
Employer
407
-
1 425
-
unemployment
22
-
56
-
pensions
96
-
241
-
other
3
-
8
-
accident
8
-
20
-
total
129
-
325
-
Corporate
1 213
1 750
-
-
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.

182
263
-
-
total
182
263
-
-
Dividends
1 031
1 487
-
-
withholding
214
319
-
-
total
214
319
-
-
Income
1 750
1 750
1 750
1 750
Total tax
628
582
812
766
After tax
1 122
1 168
938
984
Living cost
303
303
303
303
Free-cash
819
865
635
681

Estimated living cost  is $303 per week

$204
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
$702
$650
$993
$918
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
-
-
-
1 750
income
-
-
-
252
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
-
-
-
79
total
-
-
-
807
Employee
400
-
1 398
-
income
69
-
270
-
health
6
-
20
-
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
-
98
-
total
107
-
402
-
Employer
400
-
1 398
-
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
-
238
-
other
20
-
70
-
accident
3
-
11
-
health
6
-
20
-
total
101
-
353
-
Corporate
1 250
1 750
-
-
income
262
367
-
-
total
262
367
-
-
Dividends
987
1 383
-
-
withholding
69
97
-
-
total
69
97
-
-
Income
1 750
1 750
1 750
1 750
Total tax
539
464
755
807
After tax
1 211
1 286
995
943
Living cost
293
293
293
293
Free-cash
918
993
702
650

Estimated living cost  is $293 per week

$207
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
$1308
$1240
$1352
$1302
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
-
-
-
1 750
income
-
-
-
263
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
-
-
-
366
Employee
191
-
1 675
-
income
19
-
167
-
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
-
223
-
Employer
191
-
1 675
-
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
1 522
1 750
-
-
income
152
175
-
-
total
152
175
-
-
Dividends
1 369
1 575
-
-
withholding
68
79
-
-
total
68
79
-
-
Income
1 750
1 750
1 750
1 750
Total tax
304
254
298
366
After tax
1 446
1 496
1 452
1 384
Living cost
144
144
144
144
Free-cash
1 302
1 352
1 308
1 240

Estimated living cost  is $144 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
$607
$612
$505
$572
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
-
-
-
1 750
income
-
-
-
259
social contributions
-
-
-
50
health
-
-
-
68
surtax
-
-
-
-
pensions
-
-
-
330
other
-
-
-
54
total
-
-
-
761
Employee
471
-
1 367
-
income
28
-
255
-
social contributions
13
-
39
-
surtax
-
-
-
-
pensions
53
-
90
-
total
94
-
384
-
Employer
471
-
1 367
-
unemployment
19
-
55
-
social contributions
1
-
4
-
pensions
77
-
152
-
other
16
-
51
-
health
33
-
120
-
total
146
-
382
-
Corporate
1 132
1 750
-
-
income
317
490
-
-
surtax
-
-
-
-
total
317
490
-
-
Dividends
815
1 260
-
-
withholding
104
161
-
-
surtax
-
-
-
-
social contributions
140
217
-
-
total
244
378
-
-
Income
1 750
1 750
1 750
1 750
Total tax
801
868
766
761
After tax
949
882
984
989
Living cost
377
377
377
377
Free-cash
572
505
607
612

Estimated living cost  is $377 per week

$237
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
$612
$518
$403
$336
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
-
-
-
1 750
income
-
-
-
506
health
-
-
-
136
pensions
-
-
-
129
total
-
-
-
771
Employee
940
940
1 545
-
income

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

154
154
208
-
health
144
123
136
-
pensions
169
129
129
-
total
467
406
473
-
Employer
940
940
1 545
-
unemployment
34
34
42
-
pensions
65
65
81
-
health
65
65
81
-
total
164
164
204
-
Corporate
657
646
-
-
income
131
129
-
-
total
131
129
-
-
Dividends
526
516
-
-
withholding
79
77
-
-
income
112
110
-
-
total
191
187
-
-
Income
1 750
1 750
1 750
1 750
Total tax
953
886
677
771
After tax
797
864
1 073
979
Living cost
461
461
461
461
Free-cash
336
403
612
518

Estimated living cost  is $461 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.
$85
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
$793
$598
$550
$672
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.

-
-
-
1 750
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.

-
-
-
520
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
-
-
-
195
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.

-
-
-
29
total
-
-
-
819
Employee

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

421
-
1 750
-
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
-
520
-
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
-
29
-
total
88
-
624
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 329
1 750
-
-
chamber of commerce
4
4
-
-
income
199
263
-
-
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
209
276
-
-
total
423
557
-
-
Dividends
906
1 193
-
-
withholding
222
294
-
-
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
234
310
-
-
Income
1 750
1 750
1 750
1 750
Total tax
745
867
624
819
After tax
1 005
883
1 126
931
Living cost
333
333
333
333
Free-cash
672
550
793
598

Estimated living cost  is $333 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
$934
$950
$1023
$962
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
-
-
-
1 750
income
-
-
-
322
social contributions
-
-
-
178
health
-
-
-
45
total
-
-
-
545
Employee
846
846
1 625
-
income
92
78
313
-
social contributions
32
70
95
-
health
7
14
28
-
total
131
162
436
-
Employer
846
846
1 625
-
social contributions
32
70
95
-
health
7
16
30
-
total
39
86
125
-
Corporate
1 325
818
-
-
income
166
102
-
-
total
166
102
-
-
Dividends
1 160
716
-
-
withholding
197
122
-
-
total
197
122
-
-
Income
1 750
1 750
1 750
1 750
Total tax
533
472
561
545
After tax
1 217
1 278
1 189
1 205
Living cost
255
255
255
255
Free-cash
962
1 023
934
950

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.
$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
Lisbon , Portugal
$471
$599
$651
$639
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.

-
-
-
1 750
income
-
-
-
198
social contributions

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

-
-
-
608
surtax
-
-
-
-
total
-
-
-
806
Employee
506
-
1 414
-
income
105
-
442
-
social contributions
56
-
156
-
surtax
-
-
-
-
total
161
-
598
-
Employer
506
-
1 414
-
social contributions
120
-
336
-
total
120
-
336
-
Corporate
1 124
1 750
-
-
income
236
367
-
-
surtax
-
-
-
-
total
236
367
-
-
Dividends
888
1 383
-
-
withholding
249
387
-
-
total
249
387
-
-
Income
1 750
1 750
1 750
1 750
Total tax
766
754
934
806
After tax
984
996
816
944
Living cost
345
345
345
345
Free-cash
639
651
471
599

Estimated living cost  is $345 per week

$258
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
$1318
$1651
$1581
$1565
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%.

-
-
-
1 750
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
-
1 750
-
income
21
-
350
-
total
21
-
350
-
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%.

1 647
1 750
-
-
total
-
-
-
-
Dividends
1 647
1 750
-
-
withholding
82
87
-
-
total
82
87
-
-
Income
1 750
1 750
1 750
1 750
Total tax
103
87
350
17
After tax
1 647
1 663
1 400
1 733
Living cost
82
82
82
82
Free-cash
1 565
1 581
1 318
1 651

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
$522
$569
$910
$819
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.

-
-
-
1 750
income
-
-
-
391
health
-
-
-
172
unemployment
-
-
-
3
pensions
-
-
-
320
total
-
-
-
886
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
-
1 514
-
income
84
-
362
-
health
31
-
98
-
unemployment
1
-
2
-
pensions
75
-
235
-
total
191
-
697
-
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
-
1 514
-
unemployment
-
-
1
-
pensions
43
-
134
-
health
32
-
101
-
total
75
-
236
-
Corporate
1 188
1 750
-
-
income
226
332
-
-
total
226
332
-
-
Dividends
962
1 418
-
-
withholding
144
213
-
-
total
144
213
-
-
Income
1 750
1 750
1 750
1 750
Total tax
636
545
933
886
After tax
1 114
1 205
817
864
Living cost
295
295
295
295
Free-cash
819
910
522
569

Estimated living cost  is $295 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
$855
$965
$680
$717
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.

-
-
-
1 750
income
-
-
-
313
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
-
-
-
385
Employee
505
-
1 699
-
social contributions
51
-
51
-
income
55
-
393
-
total
106
-
444
-
Employer
505
-
1 699
-
social contributions
51
-
51
-
total
51
-
51
-
Corporate
1 195
1 750
-
-
income
418
612
-
-
total
418
612
-
-
Dividends
776
1 138
-
-
social contributions
58
58
-
-
total
58
58
-
-
Income
1 750
1 750
1 750
1 750
Total tax
633
670
495
385
After tax
1 117
1 080
1 255
1 365
Living cost
400
400
400
400
Free-cash
717
680
855
965

Estimated living cost  is $400 per week

$263
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.
$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
$861
$891
$836
$841
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
-
-
-
1 750
income
-
-
-
263
social contributions
-
-
-
241
health
-
-
-
122
total
-
-
-
626
Employee
373
-
1 750
-
income
62
-
293
-
social contributions
51
-
241
-
health
26
-
122
-
total
139
-
656
-
Employer
373
-
1 750
-
total
-
-
-
-
Corporate
1 377
1 750
-
-
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%.

69
87
-
-
total
69
87
-
-
Dividends
1 308
1 663
-
-
withholding
196
249
-
-
health
91
116
-
-
social contributions
181
229
-
-
total
468
594
-
-
Income
1 750
1 750
1 750
1 750
Total tax
676
681
656
626
After tax
1 074
1 069
1 094
1 124
Living cost
233
233
233
233
Free-cash
841
836
861
891

Estimated living cost  is $233 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.
$57
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
$608
$685
$903
$796
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
-
-
-
1 750
income
-
-
-
174
social contributions
-
-
-
353
solidarity contribution
-
-
-
-
health
-
-
-
236
total
-
-
-
763
Employee
444
-
1 329
-
solidarity contribution
-
-
-
-
income
53
-
161
-
social contributions
29
-
78
-
health
60
-
179
-
total
142
-
418
-
Employer
444
-
1 329
-
social contributions
111
-
302
-
health
40
-
120
-
total
151
-
422
-
Corporate
1 155
1 750
-
-
income
219
332
-
-
total
219
332
-
-
Dividends
936
1 418
-
-
withholding
140
213
-
-
total
140
213
-
-
Income
1 750
1 750
1 750
1 750
Total tax
652
545
840
763
After tax
1 098
1 205
910
987
Living cost
302
302
302
302
Free-cash
796
903
608
685

Estimated living cost  is $302 per week

$225
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
$1272
$1605
$1535
$1511
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%.

-
-
-
1 750
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
-
1 750
-
income
32
-
350
-
total
32
-
350
-
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%.

1 589
1 750
-
-
total
-
-
-
-
Dividends
1 589
1 750
-
-
withholding
79
87
-
-
total
79
87
-
-
Income
1 750
1 750
1 750
1 750
Total tax
111
87
350
17
After tax
1 639
1 663
1 400
1 733
Living cost
128
128
128
128
Free-cash
1 511
1 535
1 272
1 605

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
$452
$457
$350
$425
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
-
-
-
1 750
income
-
-
-
259
social contributions
-
-
-
50
health
-
-
-
68
surtax
-
-
-
-
pensions
-
-
-
330
other
-
-
-
54
total
-
-
-
761
Employee
689
-
1 367
-
income
60
-
255
-
social contributions
20
-
39
-
surtax
-
-
-
-
pensions
78
-
90
-
total
158
-
384
-
Employer
689
-
1 367
-
unemployment
28
-
55
-
social contributions
2
-
4
-
pensions
113
-
152
-
other
24
-
51
-
health
48
-
120
-
total
215
-
382
-
Corporate
845
1 750
-
-
income
237
490
-
-
surtax
-
-
-
-
total
237
490
-
-
Dividends
609
1 260
-
-
withholding
78
161
-
-
surtax
-
-
-
-
social contributions
105
217
-
-
total
183
378
-
-
Income
1 750
1 750
1 750
1 750
Total tax
793
868
766
761
After tax
957
882
984
989
Living cost
532
532
532
532
Free-cash
425
350
452
457

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.
$43
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
$862
$862
$1075
$1021
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.

-
-
-
1 750
income
-
-
-
392
health
-
-
-
83
unemployment
-
-
-
12
pensions
-
-
-
211
total
-
-
-
698
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.

286
-
1 605
-
income
39
-
392
-
health
15
-
42
-
unemployment
2
-
6
-
pensions
40
-
113
-
total
96
-
553
-
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.

286
-
1 605
-
unemployment
2
-
6
-
pensions
34
-
97
-
health
15
-
42
-
total
51
-
145
-
Corporate
1 413
1 750
-
-
income
212
262
-
-
total
212
262
-
-
Dividends
1 201
1 488
-
-
withholding
180
223
-
-
total
180
223
-
-
Income
1 750
1 750
1 750
1 750
Total tax
539
485
698
698
After tax
1 211
1 265
1 052
1 052
Living cost
190
190
190
190
Free-cash
1 021
1 075
862
862

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
$565
$647
$30
$359
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
-
-
-
1 750
regional
-
-
-
86
national
-
-
-
29
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.

-
-
-
35
pensions
-
-
-
161
total
-
-
-
333
Employee
902
-
1 566
-
regional
30
-
74
-
city
10
-
17
-
health
2
-
4
-
unemployment
-
-
-
-
national
4
-
21
-
pensions
76
-
132
-
total
122
-
248
-
Employer
902
-
1 566
-
unemployment
-
-
-
-
pensions
76
-
132
-
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
-
31
-
health
2
-
4
-
total
96
-
167
-
Corporate
743
1 750
-
-
regional
157
370
-
-
national
63
149
-
-
total
220
519
-
-
Dividends
523
1 231
-
-
withholding
183
431
-
-
total
183
431
-
-
Income
1 750
1 750
1 750
1 750
Total tax
621
950
415
333
After tax
1 129
800
1 335
1 417
Living cost
770
770
770
770
Free-cash
359
30
565
647

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
$508
$733
$685
$708
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

-
-
-
1 750
municipal
-
-
-
311
national
-
-
-
261
health
-
-
-
22
total
-
-
-
594
Employee
579
-
1 472
-
health
4
-
18
-
unemployment
9
-
22
-
national
10
-
163
-
municipal
95
-
240
-
pensions
39
-
99
-
total
157
-
542
-
Employer
579
-
1 472
-
unemployment
4
-
10
-
pensions
100
-
255
-
accident
1
-
1
-
health
4
-
11
-
total
109
-
277
-
Corporate
1 062
1 750
-
-
income
212
350
-
-
total
212
350
-
-
Dividends

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

637
1 050
-
-
national
26
103
-
-
municipal
115
189
-
-
total
141
292
-
-
Income
1 750
1 750
1 750
1 750
Total tax
619
642
819
594
After tax
1 131
1 108
931
1 156
Living cost
423
423
423
423
Free-cash
708
685
508
733

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
$224
$357
$578
$414
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 750
national
-
-
-
631
social contributions
-
-
-
272
communal

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

-
-
-
89
total
-
-
-
992
Employee

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

787
-
1 355
-
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
-
64
-
communal

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

41
-
71
-
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
-
12
-
national
242
-
481
-
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
-
102
-
total
386
-
730
-
Employer

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

787
-
1 355
-
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.

11
-
20
-
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
-
120
-
surtax
89
-
154
-
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
-
18
-
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
-
83
-
total
228
-
395
-
Corporate
734
1 750
-
-
income
147
350
-
-
surtax
3
7
-
-
total
150
357
-
-
Dividends
584
1 393
-
-
withholding

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

171
414
-
-
total
171
414
-
-
Income
1 750
1 750
1 750
1 750
Total tax
935
771
1 125
992
After tax
815
979
625
758
Living cost
401
401
401
401
Free-cash
414
578
224
357

Estimated living cost  is $401 per week

$258
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.
$101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
$450
$461
$503
$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
-
-
-
1 750
municipal
-
-
-
436
national
-
-
-
113
health
-
-
-
62
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
107
other
-
-
-
115
total
-
-
-
836
Employee
645
-
1 438
-
national
-
-
107
-
municipal
192
-
429
-
total
192
-
536
-
Employer
645
-
1 438
-
unemployment
17
-
26
-
pensions
70
-
107
-
other
75
-
115
-
accident
1
-
2
-
health
40
-
61
-
total
203
-
311
-
Corporate
902
1 750
-
-
income
199
385
-
-
total
199
385
-
-
Dividends
704
1 365
-
-
withholding
211
409
-
-
total
211
409
-
-
Income
1 750
1 750
1 750
1 750
Total tax
805
794
847
836
After tax
945
956
903
914
Living cost
453
453
453
453
Free-cash
492
503
450
461

Estimated living cost  is $453 per week

$300
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.
$101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
$1095
$707
$563
$9
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
-
-
-
1 750
income
-
-
-
341
social contributions
-
-
-
200
total
-
-
-
541
Employee
720
-
-
-
income
159
-
-
-
social contributions
59
-
8
-
total
218
-
8
-
Employer
720
-
-
-
social contributions
1 016
-
145
-
total
1 016
-
145
-
Corporate
14
1 750
-
-
income
3
385
-
-
total
3
385
-
-
Dividends
11
1 365
-
-
income
2
300
-
-
total
2
300
-
-
Income
1 750
1 750
1 750
1 750
Total tax
1 239
685
153
541
After tax
511
1 065
1 597
1 209
Living cost
502
502
502
502
Free-cash
9
563
1 095
707

Estimated living cost  is $502 per week

$326
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
$832
$848
$921
$875
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
-
-
-
1 750
income
-
-
-
322
social contributions
-
-
-
178
health
-
-
-
45
total
-
-
-
545
Employee
846
846
1 625
-
income
89
78
313
-
social contributions
41
70
95
-
health
8
14
28
-
total
138
162
436
-
Employer
846
846
1 625
-
social contributions
41
70
95
-
health
9
16
30
-
total
50
86
125
-
Corporate
1 204
818
-
-
income
151
102
-
-
total
151
102
-
-
Dividends
1 054
716
-
-
withholding
179
122
-
-
total
179
122
-
-
Income
1 750
1 750
1 750
1 750
Total tax
518
472
561
545
After tax
1 232
1 278
1 189
1 205
Living cost
357
357
357
357
Free-cash
875
921
832
848

Estimated living cost  is $357 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
$611
$770
$760
$825
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
-
-
-
1 750
income
-
-
-
484
pensions
-
-
-
94
total
-
-
-
578
Employee
552
-
1 530
-
income
100
-
377
-
health
7
-
23
-
pensions
42
-
117
-
total
149
-
517
-
Employer
552
-
1 530
-
pensions
56
-
191
-
health
10
-
29
-
total
66
-
220
-
Corporate
1 132
1 750
-
-
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.

215
333
-
-
total
215
333
-
-
Dividends
917
1 417
-
-
withholding
93
255
-
-
total
93
255
-
-
Income
1 750
1 750
1 750
1 750
Total tax
523
588
737
578
After tax
1 227
1 162
1 013
1 172
Living cost
402
402
402
402
Free-cash
825
760
611
770

Estimated living cost  is $402 per week

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

Additional information

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

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

Rome , Italy
$313
$388
$484
$433
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
-
-
-
1 750
municipal
-
-
-
12
regional
-
-
-
40
national
-
-
-
422
social contributions
-
-
-
450
total
-
-
-
924
Employee
927
-
1 750
-
regional
14
-
35
-
social contributions
313
-
590
-
national
157
-
364
-
municipal
6
-
10
-
total
490
-
999
-
Employer
927
-
1 750
-
total
-
-
-
-
Corporate
823
1 750
-
-
nationa
197
420
-
-
municipal
40
84
-
-
total
237
504
-
-
Dividends
585
1 246
-
-
withholding
152
324
-
-
total
152
324
-
-
Income
1 750
1 750
1 750
1 750
Total tax
879
828
999
924
After tax
871
922
751
826
Living cost
438
438
438
438
Free-cash
433
484
313
388

Estimated living cost  is $438 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
$718
$965
-$88
$106
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
-
-
-
1 750
income
-
-
-
481
health
-
-
-
23
accident
-
-
-
3
pensions
-
-
-
44
other
-
-
-
4
total
-
-
-
555
Employee
362
-
1 570
-
income
50
-
363
-
health
41
-
180
-
pensions
41
-
80
-
total
132
-
623
-
Employer
362
-
1 570
-
unemployment
9
-
38
-
pensions
59
-
115
-
accident
6
-
26
-
total
74
-
179
-
Corporate
1 314
1 750
-
-
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.

1 183
1 575
-
-
total
1 183
1 575
-
-
Dividends
131
175
-
-
withholding
25
33
-
-
total
25
33
-
-
Income
1 750
1 750
1 750
1 750
Total tax
1 414
1 608
802
555
After tax
336
142
948
1 195
Living cost
230
230
230
230
Free-cash
106
-88
718
965

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
$701
$523
$476
$621
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.

-
-
-
1 750
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.

-
-
-
520
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
-
-
-
178
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.

-
-
-
29
total
-
-
-
802
Employee

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

548
-
1 750
-
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
-
520
-
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
-
29
-
total
122
-
624
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 202
1 750
-
-
chamber of commerce
3
4
-
-
income
180
263
-
-
surtax

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

10
14
-
-
trade
173
251
-
-
total
366
532
-
-
Dividends
836
1 218
-
-
withholding
205
300
-
-
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
17
-
-
total
216
317
-
-
Income
1 750
1 750
1 750
1 750
Total tax
704
849
624
802
After tax
1 046
901
1 126
948
Living cost
425
425
425
425
Free-cash
621
476
701
523

Estimated living cost  is $425 per week

$293
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
$825
$359
$1171
$1082
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.

-
-
-
1 750
microenterprise
-
-
-
-
income
-
-
-
294
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
-
-
-
446
total
-
-
-
1 162
Employee
322
-
1 275
-
income
57
-
249
-
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
-
140
-
surtax
-
-
-
-
total
92
-
389
-
Employer
322
-
1 275
-
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.

77
-
307
-
surtax
-
-
-
-
total
77
-
307
-
Corporate
1 351
1 750
-
-
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%.

270
350
-
-
total
270
350
-
-
Dividends

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

1 081
1 400
-
-
total
-
-
-
-
Income
1 750
1 750
1 750
1 750
Total tax
439
350
696
1 162
After tax
1 311
1 400
1 054
588
Living cost
229
229
229
229
Free-cash
1 082
1 171
825
359

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
$902
$912
$950
$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
-
-
-
1 750
income
-
-
-
517
health
-
-
-
75
pensions
-
-
-
104
total
-
-
-
696
Employee
217
-
1 633
-
income
42
-
512
-
health
11
-
26
-
unemployment
2
-
5
-
pensions
19
-
47
-
total
74
-
590
-
Employer
217
-
1 633
-
unemployment
4
-
10
-
pensions
24
-
57
-
health
21
-
49
-
total
49
-
116
-
Corporate
1 485
1 750
-
-
income
327
385
-
-
total
327
385
-
-
Dividends
1 158
1 365
-
-
withholding
232
273
-
-
total
232
273
-
-
Income
1 750
1 750
1 750
1 750
Total tax
682
658
706
696
After tax
1 068
1 092
1 044
1 054
Living cost
142
142
142
142
Free-cash
926
950
902
912

Estimated living cost  is $142 per week

$84
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
$517
$583
$854
$820
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
-
-
-
1 750
income
-
-
-
453
health
-
-
-
104
unemployment
-
-
-
3
surtax
-
-
-
66
pensions
-
-
-
294
other
-
-
-
-
total
-
-
-
920
Employee
371
-
1 446
-
other
-
-
-
-
income
62
-
391
-
health
9
-
37
-
unemployment
26
-
101
-
surtax
1
-
56
-
pensions
25
-
96
-
total
123
-
681
-
Employer
371
-
1 446
-
unemployment
12
-
46
-
pensions
49
-
193
-
other
-
-
-
-
health
17
-
66
-
total
78
-
305
-
Corporate
1 301
1 750
-
-
income
338
455
-
-
total
338
455
-
-
Dividends
963
1 295
-
-
withholding
144
194
-
-
total
144
194
-
-
Income
1 750
1 750
1 750
1 750
Total tax
683
649
986
920
After tax
1 067
1 101
764
830
Living cost
247
247
247
247
Free-cash
820
854
517
583

Estimated living cost  is $247 per week

$149
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.
$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
$109
$549
$621
$616
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
-
-
-
1 750
income
-
-
-
439
chamber of commerce
-
-
-
7
health
-
-
-
98
unemployment
-
-
-
68
surtax
-
-
-
-
pensions
-
-
-
238
total
-
-
-
850
Employee
481
439
1 374
-
other
5
4
13
-
income
43
32
347
-
health
19
17
50
-
unemployment
14
13
39
-
pensions
49
45
132
-
total
130
111
581
-
Employer
481
439
1 374
-
unemployment
14
13
39
-
chamber of commerce
2
2
5
-
pensions
60
55
161
-
payroll