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
$ 1800
per

Your estimated
City
free-cash

Valencia , Spain
$841
$653
$701
$890
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
-
-
-
1 800
unemployment
-
-
-
7
income
-
-
-
473
other
-
-
-
1
accident
-
-
-
9
pensions
-
-
-
297
total
-
-
-
787
Employee
419
-
1 465
-
unemployment
6
-
16
-
pensions
20
-
49
-
income
81
-
434
-
other
-
-
1
-
total
107
-
500
-
Employer
419
-
1 465
-
pensions
99
-
248
-
accident
8
-
21
-
unemployment
23
-
58
-
other
3
-
8
-
total
133
-
335
-
Corporate
1 247
1 800
-
-
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.

187
270
-
-
total
187
270
-
-
Dividends
1 060
1 530
-
-
withholding
220
328
-
-
total
220
328
-
-
Income
1 800
1 800
1 800
1 800
Total tax
647
598
835
787
After tax
1 153
1 202
965
1 013
Living cost
312
312
312
312
Free-cash
841
890
653
701

Estimated living cost  is $312 per week

$210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$30
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$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
$943
$723
$667
$1020
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
-
-
-
1 800
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.

-
-
-
414
income
-
-
-
259
other
-
-
-
82
health
-
-
-
76
total
-
-
-
831
Employee
411
-
1 438
-
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.

29
-
101
-
income
71
-
278
-
total
110
-
413
-
Employer
411
-
1 438
-
health
6
-
20
-
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.

70
-
244
-
accident
3
-
12
-
unemployment
4
-
14
-
other
21
-
72
-
total
104
-
362
-
Corporate
1 285
1 800
-
-
income
270
378
-
-
total
270
378
-
-
Dividends
1 015
1 422
-
-
withholding
71
100
-
-
total
71
100
-
-
Income
1 800
1 800
1 800
1 800
Total tax
555
478
775
831
After tax
1 245
1 322
1 025
969
Living cost
302
302
302
302
Free-cash
943
1 020
723
667

Estimated living cost  is $302 per week

$213
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.
$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
Varna , Bulgaria
$1338
$1345
$1274
$1390
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
-
-
-
1 800
pensions

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

-
-
-
59
unemployment
-
-
-
2
income
-
-
-
270
health
-
-
-
46
total
-
-
-
377
Employee
197
-
1 722
-
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
-
172
-
total
48
-
229
-
Employer
197
-
1 722
-
health
14
-
27
-
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
-
77
-
Corporate
1 565
1 800
-
-
income
156
180
-
-
total
156
180
-
-
Dividends
1 408
1 620
-
-
withholding
70
81
-
-
total
70
81
-
-
Income
1 800
1 800
1 800
1 800
Total tax
313
261
306
377
After tax
1 487
1 539
1 494
1 423
Living cost
149
149
149
149
Free-cash
1 338
1 390
1 345
1 274

Estimated living cost  is $149 per week

$87
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.
$47
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
$585
$623
$629
$519
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
-
-
-
1 800
income
-
-
-
266
other
-
-
-
56
health
-
-
-
70
social contributions
-
-
-
51
pensions
-
-
-
340
surtax
-
-
-
-
total
-
-
-
783
Employee
485
-
1 406
-
pensions
55
-
92
-
income
29
-
262
-
social contributions
14
-
40
-
surtax
-
-
-
-
total
98
-
394
-
Employer
485
-
1 406
-
health
34
-
124
-
social contributions
1
-
4
-
pensions
80
-
157
-
unemployment
20
-
57
-
other
17
-
53
-
total
152
-
395
-
Corporate
1 164
1 800
-
-
income
326
504
-
-
surtax
-
-
-
-
total
326
504
-
-
Dividends
838
1 296
-
-
social contributions
144
223
-
-
surtax
-
-
-
-
withholding
107
166
-
-
total
251
389
-
-
Income
1 800
1 800
1 800
1 800
Total tax
827
893
789
783
After tax
973
907
1 011
1 017
Living cost
388
388
388
388
Free-cash
585
519
623
629

Estimated living cost  is $388 per week

$244
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.
$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
Rotterdam , Netherlands
$344
$627
$532
$413
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
-
-
-
1 800
pensions
-
-
-
133
income
-
-
-
520
health
-
-
-
140
total
-
-
-
793
Employee
968
968
1 589
-
health
149
126
140
-
pensions
174
133
133
-
income

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

158
158
214
-
total
481
417
487
-
Employer
968
968
1 589
-
health
67
67
84
-
pensions
67
67
84
-
unemployment
35
35
43
-
total
169
169
211
-
Corporate
675
663
-
-
income
135
133
-
-
total
135
133
-
-
Dividends
540
530
-
-
income
115
113
-
-
withholding
81
80
-
-
total
196
193
-
-
Income
1 800
1 800
1 800
1 800
Total tax
981
912
698
793
After tax
819
888
1 102
1 007
Living cost
475
475
475
475
Free-cash
344
413
627
532

Estimated living cost  is $475 per week

$336
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.
$88
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
$690
$816
$615
$565
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.

-
-
-
1 800
trade
-
-
-
201
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.

-
-
-
535
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.

-
-
-
77
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
-
-
-
842
Employee

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

433
-
1 800
-
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.

77
-
77
-
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
-
535
-
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
90
-
641
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 367
1 800
-
-
income
205
270
-
-
trade
215
283
-
-
surtax

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

11
15
-
-
chamber of commerce
4
4
-
-
total
435
572
-
-
Dividends
931
1 227
-
-
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.

13
17
-
-
withholding
229
303
-
-
total
242
320
-
-
Income
1 800
1 800
1 800
1 800
Total tax
767
892
641
842
After tax
1 033
908
1 159
958
Living cost
343
343
343
343
Free-cash
690
565
816
615

Estimated living cost  is $343 per week

$216
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.
$81
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
$990
$961
$978
$1052
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
-
-
-
1 800
income
-
-
-
331
health
-
-
-
46
social contributions
-
-
-
183
total
-
-
-
560
Employee
871
871
1 672
-
health
7
15
28
-
income
95
81
322
-
social contributions
33
72
98
-
total
135
168
448
-
Employer
871
871
1 672
-
health
7
16
31
-
social contributions
33
72
98
-
total
40
88
129
-
Corporate
1 363
840
-
-
income
170
105
-
-
total
170
105
-
-
Dividends
1 192
735
-
-
withholding
203
125
-
-
total
203
125
-
-
Income
1 800
1 800
1 800
1 800
Total tax
548
486
577
560
After tax
1 252
1 314
1 223
1 240
Living cost
262
262
262
262
Free-cash
990
1 052
961
978

Estimated living cost  is $262 per week

$157
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
$658
$486
$617
$669
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.

-
-
-
1 800
income
-
-
-
203
social contributions

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

-
-
-
625
surtax
-
-
-
-
total
-
-
-
828
Employee
521
-
1 455
-
income
108
-
454
-
social contributions
57
-
160
-
surtax
-
-
-
-
total
165
-
614
-
Employer
521
-
1 455
-
social contributions
124
-
345
-
total
124
-
345
-
Corporate
1 155
1 800
-
-
income
243
378
-
-
surtax
-
-
-
-
total
243
378
-
-
Dividends
912
1 422
-
-
withholding
255
398
-
-
total
255
398
-
-
Income
1 800
1 800
1 800
1 800
Total tax
787
776
959
828
After tax
1 013
1 024
841
972
Living cost
355
355
355
355
Free-cash
658
669
486
617

Estimated living cost  is $355 per week

$266
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
$1609
$1355
$1697
$1625
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%.

-
-
-
1 800
microenterprise

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

-
-
-
18
total
-
-
-
18
Employee
106
-
1 800
-
income
21
-
360
-
total
21
-
360
-
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%.

1 694
1 800
-
-
total
-
-
-
-
Dividends
1 694
1 800
-
-
withholding
85
90
-
-
total
85
90
-
-
Income
1 800
1 800
1 800
1 800
Total tax
106
90
360
18
After tax
1 694
1 710
1 440
1 782
Living cost
85
85
85
85
Free-cash
1 609
1 625
1 355
1 697

Estimated living cost  is $85 per week

$52
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
$842
$537
$585
$935
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.

-
-
-
1 800
pensions
-
-
-
329
unemployment
-
-
-
3
income
-
-
-
402
health
-
-
-
177
total
-
-
-
911
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.

501
-
1 558
-
health
32
-
101
-
unemployment
1
-
2
-
pensions
78
-
241
-
income
86
-
372
-
total
197
-
716
-
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.

501
-
1 558
-
health
33
-
104
-
pensions
44
-
138
-
unemployment
-
-
1
-
total
77
-
243
-
Corporate
1 221
1 800
-
-
income
232
342
-
-
total
232
342
-
-
Dividends
989
1 458
-
-
withholding
148
219
-
-
total
148
219
-
-
Income
1 800
1 800
1 800
1 800
Total tax
654
561
959
911
After tax
1 146
1 239
841
889
Living cost
304
304
304
304
Free-cash
842
935
537
585

Estimated living cost  is $304 per week

$209
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.
$70
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
$739
$881
$994
$699
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.

-
-
-
1 800
income
-
-
-
323
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
-
-
-
395
Employee
520
-
1 748
-
social contributions
52
-
52
-
income
56
-
404
-
total
108
-
456
-
Employer
520
-
1 748
-
social contributions
52
-
52
-
total
52
-
52
-
Corporate
1 228
1 800
-
-
income
430
630
-
-
total
430
630
-
-
Dividends
798
1 170
-
-
social contributions
60
60
-
-
total
60
60
-
-
Income
1 800
1 800
1 800
1 800
Total tax
650
690
508
395
After tax
1 150
1 110
1 292
1 405
Living cost
411
411
411
411
Free-cash
739
699
881
994

Estimated living cost  is $411 per week

$271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$32
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$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
Vilnius , Lithuania
$863
$885
$916
$858
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
-
-
-
1 800
income
-
-
-
270
health
-
-
-
126
social contributions
-
-
-
248
total
-
-
-
644
Employee
384
-
1 800
-
health
27
-
126
-
income
64
-
301
-
social contributions
53
-
248
-
total
144
-
675
-
Employer
384
-
1 800
-
total
-
-
-
-
Corporate
1 416
1 800
-
-
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%.

71
90
-
-
total
71
90
-
-
Dividends
1 345
1 710
-
-
social contributions
186
236
-
-
withholding
202
257
-
-
health
94
119
-
-
total
482
612
-
-
Income
1 800
1 800
1 800
1 800
Total tax
697
702
675
644
After tax
1 103
1 098
1 125
1 156
Living cost
240
240
240
240
Free-cash
863
858
885
916

Estimated living cost  is $240 per week

$161
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.
$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
Prague , Czech Republic
$809
$613
$691
$922
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
-
-
-
1 800
income
-
-
-
178
health
-
-
-
243
social contributions
-
-
-
371
solidarity contribution
-
-
-
-
total
-
-
-
792
Employee
467
-
1 360
-
health
63
-
184
-
solidarity contribution
-
-
-
-
income
56
-
164
-
social contributions
30
-
83
-
total
149
-
431
-
Employer
467
-
1 360
-
health
42
-
122
-
social contributions
117
-
317
-
total
159
-
439
-
Corporate
1 175
1 800
-
-
income
223
342
-
-
total
223
342
-
-
Dividends
951
1 458
-
-
withholding
143
219
-
-
total
143
219
-
-
Income
1 800
1 800
1 800
1 800
Total tax
674
561
870
792
After tax
1 126
1 239
930
1 008
Living cost
317
317
317
317
Free-cash
809
922
613
691

Estimated living cost  is $317 per week

$236
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.
$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
Tbilisi , Georgia
$1553
$1308
$1650
$1578
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%.

-
-
-
1 800
microenterprise

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

-
-
-
18
total
-
-
-
18
Employee
165
-
1 800
-
income
33
-
360
-
total
33
-
360
-
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%.

1 635
1 800
-
-
total
-
-
-
-
Dividends
1 635
1 800
-
-
withholding
82
90
-
-
total
82
90
-
-
Income
1 800
1 800
1 800
1 800
Total tax
115
90
360
18
After tax
1 685
1 710
1 440
1 782
Living cost
132
132
132
132
Free-cash
1 553
1 578
1 308
1 650

Estimated living cost  is $132 per week

$89
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
$438
$464
$470
$360
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
-
-
-
1 800
income
-
-
-
266
other
-
-
-
56
health
-
-
-
70
social contributions
-
-
-
51
pensions
-
-
-
340
surtax
-
-
-
-
total
-
-
-
783
Employee
710
-
1 406
-
pensions
80
-
92
-
income
62
-
262
-
social contributions
20
-
40
-
surtax
-
-
-
-
total
162
-
394
-
Employer
710
-
1 406
-
health
50
-
124
-
social contributions
2
-
4
-
pensions
117
-
157
-
unemployment
29
-
57
-
other
24
-
53
-
total
222
-
395
-
Corporate
869
1 800
-
-
income
243
504
-
-
surtax
-
-
-
-
total
243
504
-
-
Dividends
625
1 296
-
-
social contributions
108
223
-
-
surtax
-
-
-
-
withholding
80
166
-
-
total
188
389
-
-
Income
1 800
1 800
1 800
1 800
Total tax
815
893
789
783
After tax
985
907
1 011
1 017
Living cost
547
547
547
547
Free-cash
438
360
464
470

Estimated living cost  is $547 per week

$370
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.
$125
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
$1051
$887
$886
$1106
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.

-
-
-
1 800
pensions
-
-
-
217
unemployment
-
-
-
13
income
-
-
-
403
health
-
-
-
86
total
-
-
-
719
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.

294
-
1 651
-
health
15
-
43
-
unemployment
2
-
6
-
pensions
41
-
117
-
income
41
-
403
-
total
99
-
569
-
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.

294
-
1 651
-
health
15
-
43
-
pensions
35
-
100
-
unemployment
2
-
6
-
total
52
-
149
-
Corporate
1 453
1 800
-
-
income
218
270
-
-
total
218
270
-
-
Dividends
1 235
1 530
-
-
withholding
185
229
-
-
total
185
229
-
-
Income
1 800
1 800
1 800
1 800
Total tax
554
499
718
719
After tax
1 246
1 301
1 082
1 081
Living cost
195
195
195
195
Free-cash
1 051
1 106
887
886

Estimated living cost  is $195 per week

$131
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
$378
$596
$677
$45
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
-
-
-
1 800
pensions
-
-
-
166
city
-
-
-
19
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.

-
-
-
36
health
-
-
-
4
regional
-
-
-
89
national
-
-
-
31
total
-
-
-
345
Employee
911
-
1 611
-
health
2
-
4
-
unemployment
-
-
-
-
city
10
-
17
-
pensions
77
-
135
-
regional
30
-
77
-
national
4
-
22
-
total
123
-
255
-
Employer
911
-
1 611
-
health
2
-
4
-
pensions
77
-
135
-
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.

18
-
32
-
total
97
-
171
-
Corporate
782
1 800
-
-
regional
165
381
-
-
national
66
153
-
-
total
231
534
-
-
Dividends
550
1 266
-
-
withholding
193
443
-
-
total
193
443
-
-
Income
1 800
1 800
1 800
1 800
Total tax
644
977
426
345
After tax
1 156
823
1 374
1 455
Living cost
778
778
778
778
Free-cash
378
45
596
677

Estimated living cost  is $778 per week

$506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$70
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$10
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$193
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

Helsinki , Finland
$729
$520
$754
$705
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

-
-
-
1 800
municipal
-
-
-
320
health
-
-
-
23
national
-
-
-
268
total
-
-
-
611
Employee
596
-
1 514
-
health
4
-
19
-
unemployment
9
-
23
-
pensions
40
-
102
-
national
10
-
167
-
municipal
98
-
247
-
total
161
-
558
-
Employer
596
-
1 514
-
health
5
-
12
-
pensions
103
-
263
-
accident
1
-
2
-
unemployment
4
-
10
-
total
113
-
287
-
Corporate
1 091
1 800
-
-
income
218
360
-
-
total
218
360
-
-
Dividends

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

655
1 080
-
-
municipal
118
194
-
-
national
26
106
-
-
total
144
300
-
-
Income
1 800
1 800
1 800
1 800
Total tax
636
660
845
611
After tax
1 164
1 140
955
1 189
Living cost
435
435
435
435
Free-cash
729
705
520
754

Estimated living cost  is $435 per week

$284
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.
$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

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
$423
$230
$367
$594
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
-
-
-
1 800
communal

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

-
-
-
91
social contributions
-
-
-
280
national
-
-
-
649
total
-
-
-
1 020
Employee

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

811
-
1 394
-
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
-
66
-
communal

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

42
-
73
-
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
-
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
-
105
-
national
249
-
495
-
total
397
-
751
-
Employer

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

811
-
1 394
-
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
-
86
-
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
-
124
-
surtax
92
-
158
-
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
-
18
-
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
-
20
-
total
237
-
406
-
Corporate
753
1 800
-
-
income
151
360
-
-
surtax
3
7
-
-
total
154
367
-
-
Dividends
600
1 433
-
-
withholding

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

176
426
-
-
total
176
426
-
-
Income
1 800
1 800
1 800
1 800
Total tax
964
793
1 157
1 020
After tax
836
1 007
643
780
Living cost
413
413
413
413
Free-cash
423
594
230
367

Estimated living cost  is $413 per week

$266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$36
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
$483
$446
$458
$494
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
-
-
-
1 800
unemployment
-
-
-
1
municipal
-
-
-
444
other
-
-
-
124
health
-
-
-
67
national
-
-
-
99
accident
-
-
-
2
pensions
-
-
-
116
total
-
-
-
853
Employee
696
-
1 464
-
national
-
-
93
-
municipal
208
-
436
-
total
208
-
529
-
Employer
696
-
1 464
-
health
43
-
66
-
pensions
75
-
116
-
accident
1
-
2
-
unemployment
18
-
28
-
other
81
-
124
-
total
218
-
336
-
Corporate
885
1 800
-
-
income
195
396
-
-
total
195
396
-
-
Dividends
690
1 404
-
-
withholding
207
421
-
-
total
207
421
-
-
Income
1 800
1 800
1 800
1 800
Total tax
828
817
865
853
After tax
972
983
935
947
Living cost
489
489
489
489
Free-cash
483
494
446
458

Estimated living cost  is $489 per week

$324
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.
$109
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
-$61
$1097
$705
$556
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
-
-
-
1 800
income
-
-
-
351
social contributions
-
-
-
205
total
-
-
-
556
Employee
772
-
-
-
income
170
-
-
-
social contributions
63
-
9
-
total
233
-
9
-
Employer
772
-
-
-
social contributions
1 089
-
155
-
total
1 089
-
155
-
Corporate
-
1 800
-
-
income
-
396
-
-
total
-
396
-
-
Dividends
-
1 404
-
-
income
-
309
-
-
total
-
309
-
-
Income
1 800
1 800
1 800
1 800
Total tax
1 322
705
164
556
After tax
478
1 095
1 636
1 244
Living cost
539
539
539
539
Free-cash
-61
556
1 097
705

Estimated living cost  is $539 per week

$350
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
$899
$855
$872
$946
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 800
income
-
-
-
331
health
-
-
-
46
social contributions
-
-
-
183
total
-
-
-
560
Employee
871
871
1 672
-
health
9
15
28
-
income
92
81
322
-
social contributions
42
72
98
-
total
143
168
448
-
Employer
871
871
1 672
-
health
9
16
31
-
social contributions
42
72
98
-
total
51
88
129
-
Corporate
1 238
840
-
-
income
155
105
-
-
total
155
105
-
-
Dividends
1 083
735
-
-
withholding
184
125
-
-
total
184
125
-
-
Income
1 800
1 800
1 800
1 800
Total tax
533
486
577
560
After tax
1 267
1 314
1 223
1 240
Living cost
368
368
368
368
Free-cash
899
946
855
872

Estimated living cost  is $368 per week

$251
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.
$81
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
$850
$634
$796
$785
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 800
income
-
-
-
501
pensions
-
-
-
96
total
-
-
-
597
Employee
559
-
1 574
-
health
7
-
23
-
pensions
43
-
119
-
income
102
-
391
-
total
152
-
533
-
Employer
559
-
1 574
-
health
11
-
30
-
pensions
56
-
196
-
total
67
-
226
-
Corporate
1 174
1 800
-
-
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.

223
342
-
-
total
223
342
-
-
Dividends
951
1 458
-
-
withholding
101
266
-
-
total
101
266
-
-
Income
1 800
1 800
1 800
1 800
Total tax
543
608
759
597
After tax
1 257
1 192
1 041
1 203
Living cost
407
407
407
407
Free-cash
850
785
634
796

Estimated living cost  is $407 per week

$279
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.
$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

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
$446
$320
$399
$497
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
-
-
-
1 800
municipal
-
-
-
12
regional
-
-
-
41
social contributions
-
-
-
463
national
-
-
-
434
total
-
-
-
950
Employee
955
-
1 800
-
social contributions
322
-
607
-
regional
14
-
36
-
national
161
-
375
-
municipal
6
-
11
-
total
503
-
1 029
-
Employer
955
-
1 800
-
total
-
-
-
-
Corporate
845
1 800
-
-
nationa
203
432
-
-
municipal
41
87
-
-
total
244
519
-
-
Dividends
602
1 281
-
-
withholding
156
333
-
-
total
156
333
-
-
Income
1 800
1 800
1 800
1 800
Total tax
903
852
1 029
950
After tax
897
948
771
850
Living cost
451
451
451
451
Free-cash
446
497
320
399

Estimated living cost  is $451 per week

$317
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.
$96
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
$109
$727
$987
-$99
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
-
-
-
1 800
pensions
-
-
-
46
income
-
-
-
491
other
-
-
-
4
health
-
-
-
24
accident
-
-
-
3
total
-
-
-
568
Employee
385
-
1 611
-
health
44
-
184
-
pensions
43
-
85
-
income
53
-
370
-
total
140
-
639
-
Employer
385
-
1 611
-
pensions
63
-
123
-
accident
6
-
27
-
unemployment
9
-
39
-
total
78
-
189
-
Corporate
1 337
1 800
-
-
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.

1 203
1 620
-
-
total
1 203
1 620
-
-
Dividends
134
180
-
-
withholding
25
34
-
-
total
25
34
-
-
Income
1 800
1 800
1 800
1 800
Total tax
1 446
1 654
828
568
After tax
354
146
972
1 232
Living cost
245
245
245
245
Free-cash
109
-99
727
987

Estimated living cost  is $245 per week

$179
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.
$47
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

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
$638
$722
$539
$490
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.

-
-
-
1 800
trade
-
-
-
183
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.

-
-
-
535
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.

-
-
-
77
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
-
-
-
824
Employee

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

564
-
1 800
-
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.

77
-
77
-
income

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

46
-
535
-
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
-
29
-
total
126
-
641
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 236
1 800
-
-
income
185
270
-
-
trade
177
258
-
-
surtax

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

10
15
-
-
chamber of commerce
4
4
-
-
total
376
547
-
-
Dividends
860
1 252
-
-
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
17
-
-
withholding
211
309
-
-
total
223
326
-
-
Income
1 800
1 800
1 800
1 800
Total tax
725
873
641
824
After tax
1 075
927
1 159
976
Living cost
437
437
437
437
Free-cash
638
490
722
539

Estimated living cost  is $437 per week

$302
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.
$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.

Riga , Latvia
$1111
$848
$368
$1204
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.

-
-
-
1 800
income
-
-
-
303
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.

-
-
-
434
surtax
-
-
-
459
total
-
-
-
1 196
Employee
331
-
1 311
-
income
59
-
256
-
social contributions

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

36
-
144
-
surtax
-
-
-
-
total
95
-
400
-
Employer
331
-
1 311
-
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
-
316
-
surtax
-
-
-
-
total
80
-
316
-
Corporate
1 389
1 800
-
-
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%.

278
360
-
-
total
278
360
-
-
Dividends

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

1 111
1 440
-
-
total
-
-
-
-
Income
1 800
1 800
1 800
1 800
Total tax
453
360
716
1 196
After tax
1 347
1 440
1 084
604
Living cost
236
236
236
236
Free-cash
1 111
1 204
848
368

Estimated living cost  is $236 per week

$150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$22
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$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
$956
$932
$941
$979
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
-
-
-
1 800
income
-
-
-
534
health
-
-
-
76
pensions
-
-
-
105
total
-
-
-
715
Employee
219
-
1 682
-
health
11
-
26
-
unemployment
2
-
5
-
pensions
20
-
47
-
income
42
-
528
-
total
75
-
606
-
Employer
219
-
1 682
-
health
21
-
50
-
pensions
24
-
58
-
unemployment
4
-
10
-
total
49
-
118
-
Corporate
1 532
1 800
-
-
income
337
396
-
-
total
337
396
-
-
Dividends
1 195
1 404
-
-
withholding
239
281
-
-
total
239
281
-
-
Income
1 800
1 800
1 800
1 800
Total tax
700
677
724
715
After tax
1 100
1 123
1 076
1 085
Living cost
144
144
144
144
Free-cash
956
979
932
941

Estimated living cost  is $144 per week

$85
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$43
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
$841
$533
$600
$877
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
-
-
-
1 800
pensions
-
-
-
302
unemployment
-
-
-
3
income
-
-
-
465
other
-
-
-
-
health
-
-
-
107
surtax
-
-
-
68
total
-
-
-
945
Employee
382
-
1 487
-
health
10
-
38
-
unemployment
27
-
103
-
pensions
25
-
99
-
income
64
-
402
-
other
-
-
-
-
surtax
1
-
57
-
total
127
-
699
-
Employer
382
-
1 487
-
health
17
-
68
-
pensions
51
-
198
-
unemployment
12
-
47
-
other
-
-
-
-
total
80
-
313
-
Corporate
1 338
1 800
-
-
income
348
468
-
-
total
348
468
-
-
Dividends
990
1 332
-
-
withholding
149
200
-
-
total
149
200
-
-
Income
1 800
1 800
1 800
1 800
Total tax
704
668
1 012
945
After tax
1 096
1 132
788
855
Living cost
255
255
255
255
Free-cash
841
877
533
600

Estimated living cost  is $255 per week

$154
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
$630
$112
$563
$636
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
-
-
-
1 800
pensions
-
-
-
245
chamber of commerce
-
-
-
7
unemployment
-
-
-
70
income
-
-
-
452
health
-
-
-
101
surtax
-
-
-
-
total
-
-
-
875
Employee
495
452
1 413
-
health
19
17
51
-
unemployment
15
14
40
-
pensions
51
46
136
-
income
44
33
357
-
other
5
5
13
-
total
134
115
597
-
Employer
495
452
1 413
-
health
19
17
50
-
pensions
62
57
166
-
surtax
-
-
-
- <