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
$ 1850
per

Your estimated
City
free-cash

Valencia , Spain
$691
$737
$932
$884
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
-
-
-
1 850
income
-
-
-
504
accident
-
-
-
9
unemployment
-
-
-
7
pensions
-
-
-
289
other
-
-
-
1
total
-
-
-
810
Employee
408
-
1 524
-
other
-
-
1
-
income
79
-
466
-
unemployment
6
-
16
-
pensions
19
-
48
-
total
104
-
531
-
Employer
408
-
1 524
-
unemployment
22
-
56
-
pensions
96
-
241
-
other
3
-
8
-
accident
8
-
20
-
total
129
-
325
-
Corporate
1 312
1 850
-
-
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.

197
277
-
-
total
197
277
-
-
Dividends
1 116
1 573
-
-
withholding
233
338
-
-
total
233
338
-
-
Income
1 850
1 850
1 850
1 850
Total tax
663
615
856
810
After tax
1 187
1 235
994
1 040
Living cost
303
303
303
303
Free-cash
884
932
691
737

Estimated living cost  is $303 per week

$205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$29
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
$756
$723
$1065
$990
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
-
-
-
1 850
income
-
-
-
277
health
-
-
-
74
pensions

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

-
-
-
402
other
-
-
-
80
total
-
-
-
833
Employee
400
-
1 478
-
income
69
-
288
-
health
6
-
21
-
unemployment
4
-
15
-
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
-
103
-
total
107
-
427
-
Employer
400
-
1 478
-
unemployment
4
-
15
-
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
-
251
-
other
20
-
74
-
accident
3
-
12
-
health
6
-
21
-
total
101
-
373
-
Corporate
1 349
1 850
-
-
income
283
389
-
-
total
283
389
-
-
Dividends
1 066
1 461
-
-
withholding
75
102
-
-
total
75
102
-
-
Income
1 850
1 850
1 850
1 850
Total tax
566
491
800
833
After tax
1 284
1 359
1 050
1 017
Living cost
294
294
294
294
Free-cash
990
1 065
756
723

Estimated living cost  is $294 per week

$208
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$62
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
$1397
$1325
$1437
$1386
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
-
-
-
1 850
income
-
-
-
277
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
-
-
-
380
Employee
191
-
1 774
-
income
19
-
177
-
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
-
233
-
Employer
191
-
1 774
-
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
1 621
1 850
-
-
income
162
185
-
-
total
162
185
-
-
Dividends
1 459
1 665
-
-
withholding
73
83
-
-
total
73
83
-
-
Income
1 850
1 850
1 850
1 850
Total tax
319
268
308
380
After tax
1 531
1 582
1 542
1 470
Living cost
145
145
145
145
Free-cash
1 386
1 437
1 397
1 325

Estimated living cost  is $145 per week

$84
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$10
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$46
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
$650
$667
$556
$623
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
-
-
-
1 850
income
-
-
-
282
social contributions
-
-
-
53
health
-
-
-
75
surtax
-
-
-
-
pensions
-
-
-
339
other
-
-
-
57
total
-
-
-
806
Employee
472
-
1 439
-
income
28
-
274
-
social contributions
13
-
41
-
surtax
-
-
-
-
pensions
53
-
97
-
total
94
-
412
-
Employer
472
-
1 439
-
unemployment
19
-
58
-
social contributions
1
-
4
-
pensions
77
-
164
-
other
16
-
55
-
health
33
-
130
-
total
146
-
411
-
Corporate
1 231
1 850
-
-
income
345
518
-
-
surtax
-
-
-
-
total
345
518
-
-
Dividends
886
1 332
-
-
withholding
113
170
-
-
surtax
-
-
-
-
social contributions
152
229
-
-
total
265
399
-
-
Income
1 850
1 850
1 850
1 850
Total tax
850
917
823
806
After tax
1 000
933
1 027
1 044
Living cost
377
377
377
377
Free-cash
623
556
650
667

Estimated living cost  is $377 per week

$238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$31
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
$685
$566
$453
$386
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
-
-
-
1 850
income
-
-
-
557
health
-
-
-
136
pensions
-
-
-
129
total
-
-
-
822
Employee
941
941
1 645
-
income

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

154
154
234
-
health
144
123
136
-
pensions
169
129
129
-
total
467
406
499
-
Employer
941
941
1 645
-
unemployment
34
34
42
-
pensions
66
66
81
-
health
65
65
81
-
total
165
165
204
-
Corporate
755
744
-
-
income
151
149
-
-
total
151
149
-
-
Dividends
604
595
-
-
withholding
91
89
-
-
income
128
126
-
-
total
219
215
-
-
Income
1 850
1 850
1 850
1 850
Total tax
1 002
935
703
822
After tax
848
915
1 147
1 028
Living cost
462
462
462
462
Free-cash
386
453
685
566

Estimated living cost  is $462 per week

$327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$42
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$86
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
$848
$637
$601
$721
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.

-
-
-
1 850
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.

-
-
-
562
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
-
-
-
211
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.

-
-
-
31
total
-
-
-
879
Employee

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

422
-
1 850
-
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
-
562
-
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
-
31
-
total
88
-
668
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 428
1 850
-
-
chamber of commerce
4
4
-
-
income
214
277
-
-
surtax

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

12
15
-
-
trade
225
291
-
-
total
455
587
-
-
Dividends
974
1 262
-
-
withholding
239
311
-
-
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
-
-
total
252
328
-
-
Income
1 850
1 850
1 850
1 850
Total tax
795
915
668
879
After tax
1 055
935
1 182
971
Living cost
334
334
334
334
Free-cash
721
601
848
637

Estimated living cost  is $334 per week

$210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$39
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$79
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
$997
$1015
$1096
$1035
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
-
-
-
1 850
income
-
-
-
355
social contributions
-
-
-
178
health
-
-
-
47
total
-
-
-
580
Employee
848
848
1 723
-
income
92
78
347
-
social contributions
32
70
95
-
health
7
14
29
-
total
131
162
471
-
Employer
848
848
1 723
-
social contributions
32
70
95
-
health
7
16
32
-
total
39
86
127
-
Corporate
1 425
916
-
-
income
178
115
-
-
total
178
115
-
-
Dividends
1 247
802
-
-
withholding
212
136
-
-
total
212
136
-
-
Income
1 850
1 850
1 850
1 850
Total tax
560
499
598
580
After tax
1 290
1 351
1 252
1 270
Living cost
255
255
255
255
Free-cash
1 035
1 096
997
1 015

Estimated living cost  is $255 per week

$153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$72
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
$511
$648
$706
$696
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.

-
-
-
1 850
income
-
-
-
213
social contributions

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

-
-
-
643
surtax
-
-
-
-
total
-
-
-
856
Employee
507
-
1 495
-
income
105
-
474
-
social contributions
56
-
164
-
surtax
-
-
-
-
total
161
-
638
-
Employer
507
-
1 495
-
social contributions
120
-
355
-
total
120
-
355
-
Corporate
1 223
1 850
-
-
income
257
389
-
-
surtax
-
-
-
-
total
257
389
-
-
Dividends
966
1 461
-
-
withholding
270
409
-
-
total
270
409
-
-
Income
1 850
1 850
1 850
1 850
Total tax
808
798
993
856
After tax
1 042
1 052
857
994
Living cost
346
346
346
346
Free-cash
696
706
511
648

Estimated living cost  is $346 per week

$259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$61
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
$1398
$1750
$1675
$1660
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%.

-
-
-
1 850
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
103
-
1 850
-
income
21
-
370
-
total
21
-
370
-
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%.

1 747
1 850
-
-
total
-
-
-
-
Dividends
1 747
1 850
-
-
withholding
87
93
-
-
total
87
93
-
-
Income
1 850
1 850
1 850
1 850
Total tax
108
93
370
18
After tax
1 742
1 757
1 480
1 832
Living cost
82
82
82
82
Free-cash
1 660
1 675
1 398
1 750

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
$563
$612
$978
$887
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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.

-
-
-
1 850
income
-
-
-
419
health
-
-
-
182
unemployment
-
-
-
3
pensions
-
-
-
338
total
-
-
-
942
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
-
1 601
-
income
84
-
388
-
health
31
-
103
-
unemployment
1
-
2
-
pensions
76
-
248
-
total
192
-
741
-
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
-
1 601
-
unemployment
-
-
1
-
pensions
43
-
142
-
health
32
-
107
-
total
75
-
250
-
Corporate
1 287
1 850
-
-
income
244
351
-
-
total
244
351
-
-
Dividends
1 042
1 499
-
-
withholding
156
225
-
-
total
156
225
-
-
Income
1 850
1 850
1 850
1 850
Total tax
667
576
991
942
After tax
1 183
1 274
859
908
Living cost
296
296
296
296
Free-cash
887
978
563
612

Estimated living cost  is $296 per week

$203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$19
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$68
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
$920
$1064
$744
$782
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.

-
-
-
1 850
income
-
-
-
314
health

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

-
-
-
72
total
-
-
-
386
Employee
506
-
1 799
-
social contributions
51
-
51
-
income
55
-
428
-
total
106
-
479
-
Employer
506
-
1 799
-
social contributions
51
-
51
-
total
51
-
51
-
Corporate
1 294
1 850
-
-
income
453
648
-
-
total
453
648
-
-
Dividends
841
1 202
-
-
social contributions
58
58
-
-
total
58
58
-
-
Income
1 850
1 850
1 850
1 850
Total tax
668
706
530
386
After tax
1 182
1 144
1 320
1 464
Living cost
400
400
400
400
Free-cash
782
744
920
1 064

Estimated living cost  is $400 per week

$264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$32
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$99
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
$919
$955
$894
$900
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
-
-
-
1 850
income
-
-
-
277
social contributions
-
-
-
255
health
-
-
-
129
total
-
-
-
661
Employee
374
-
1 850
-
income
62
-
313
-
social contributions
52
-
255
-
health
26
-
129
-
total
140
-
697
-
Employer
374
-
1 850
-
total
-
-
-
-
Corporate
1 476
1 850
-
-
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%.

74
92
-
-
total
74
92
-
-
Dividends
1 402
1 758
-
-
withholding
210
264
-
-
health
98
123
-
-
social contributions
194
243
-
-
total
502
630
-
-
Income
1 850
1 850
1 850
1 850
Total tax
716
722
697
661
After tax
1 134
1 128
1 153
1 189
Living cost
234
234
234
234
Free-cash
900
894
919
955

Estimated living cost  is $234 per week

$156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$14
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
$675
$755
$972
$865
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
-
-
-
1 850
income
-
-
-
187
social contributions
-
-
-
353
solidarity contribution
-
-
-
3
health
-
-
-
250
total
-
-
-
793
Employee
444
-
1 420
-
solidarity contribution
-
-
-
-
income
53
-
172
-
social contributions
29
-
79
-
health
60
-
192
-
total
142
-
443
-
Employer
444
-
1 420
-
social contributions
111
-
302
-
health
40
-
128
-
total
151
-
430
-
Corporate
1 254
1 850
-
-
income
238
351
-
-
total
238
351
-
-
Dividends
1 016
1 499
-
-
withholding
152
225
-
-
total
152
225
-
-
Income
1 850
1 850
1 850
1 850
Total tax
683
576
873
793
After tax
1 167
1 274
977
1 057
Living cost
302
302
302
302
Free-cash
865
972
675
755

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.
$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
Tbilisi , Georgia
$1352
$1704
$1629
$1606
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%.

-
-
-
1 850
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
161
-
1 850
-
income
32
-
370
-
total
32
-
370
-
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%.

1 689
1 850
-
-
total
-
-
-
-
Dividends
1 689
1 850
-
-
withholding
84
93
-
-
total
84
93
-
-
Income
1 850
1 850
1 850
1 850
Total tax
116
93
370
18
After tax
1 734
1 757
1 480
1 832
Living cost
128
128
128
128
Free-cash
1 606
1 629
1 352
1 704

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
$495
$512
$401
$477
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
-
-
-
1 850
income
-
-
-
282
social contributions
-
-
-
53
health
-
-
-
75
surtax
-
-
-
-
pensions
-
-
-
339
other
-
-
-
57
total
-
-
-
806
Employee
690
-
1 439
-
income
60
-
274
-
social contributions
20
-
41
-
surtax
-
-
-
-
pensions
78
-
97
-
total
158
-
412
-
Employer
690
-
1 439
-
unemployment
28
-
58
-
social contributions
2
-
4
-
pensions
113
-
164
-
other
24
-
55
-
health
48
-
130
-
total
215
-
411
-
Corporate
944
1 850
-
-
income
264
518
-
-
surtax
-
-
-
-
total
264
518
-
-
Dividends
680
1 332
-
-
withholding
87
170
-
-
surtax
-
-
-
-
social contributions
117
229
-
-
total
204
399
-
-
Income
1 850
1 850
1 850
1 850
Total tax
841
917
823
806
After tax
1 009
933
1 027
1 044
Living cost
532
532
532
532
Free-cash
477
401
495
512

Estimated living cost  is $532 per week

$360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$44
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
$936
$936
$1147
$1093
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.

-
-
-
1 850
income
-
-
-
417
health
-
-
-
84
unemployment
-
-
-
12
pensions
-
-
-
211
total
-
-
-
724
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
-
1 705
-
income
39
-
417
-
health
15
-
42
-
unemployment
2
-
6
-
pensions
40
-
114
-
total
96
-
579
-
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
-
1 705
-
unemployment
2
-
6
-
pensions
34
-
97
-
health
15
-
42
-
total
51
-
145
-
Corporate
1 512
1 850
-
-
income
227
277
-
-
total
227
277
-
-
Dividends
1 285
1 573
-
-
withholding
193
236
-
-
total
193
236
-
-
Income
1 850
1 850
1 850
1 850
Total tax
567
513
724
724
After tax
1 283
1 337
1 126
1 126
Living cost
190
190
190
190
Free-cash
1 093
1 147
936
936

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
$637
$720
$76
$405
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
-
-
-
1 850
regional
-
-
-
94
national
-
-
-
35
health
-
-
-
4
city
-
-
-
20
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.

-
-
-
37
pensions
-
-
-
170
total
-
-
-
360
Employee
901
-
1 656
-
regional
29
-
81
-
city
10
-
18
-
health
2
-
4
-
unemployment
-
-
-
-
national
4
-
25
-
pensions
76
-
139
-
total
121
-
267
-
Employer
901
-
1 656
-
unemployment
-
-
-
-
pensions
76
-
139
-
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
-
33
-
health
2
-
4
-
total
96
-
176
-
Corporate
844
1 850
-
-
regional
178
391
-
-
national
72
157
-
-
total
250
548
-
-
Dividends
594
1 301
-
-
withholding
208
456
-
-
total
208
456
-
-
Income
1 850
1 850
1 850
1 850
Total tax
675
1 004
443
360
After tax
1 175
846
1 407
1 490
Living cost
770
770
770
770
Free-cash
405
76
637
720

Estimated living cost  is $770 per week

$500
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
$553
$783
$742
$767
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

-
-
-
1 850
municipal
-
-
-
329
national
-
-
-
291
health
-
-
-
24
total
-
-
-
644
Employee
580
-
1 556
-
health
4
-
19
-
unemployment
9
-
23
-
national
10
-
179
-
municipal
95
-
254
-
pensions
39
-
105
-
total
157
-
580
-
Employer
580
-
1 556
-
unemployment
4
-
10
-
pensions
101
-
270
-
accident
1
-
2
-
health
4
-
12
-
total
110
-
294
-
Corporate
1 161
1 850
-
-
income
232
370
-
-
total
232
370
-
-
Dividends

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

696
1 110
-
-
national
36
115
-
-
municipal
125
200
-
-
total
161
315
-
-
Income
1 850
1 850
1 850
1 850
Total tax
660
685
874
644
After tax
1 190
1 165
976
1 206
Living cost
423
423
423
423
Free-cash
767
742
553
783

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
$256
$399
$633
$469
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
-
-
-
1 850
national
-
-
-
679
social contributions
-
-
-
275
communal

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

-
-
-
95
total
-
-
-
1 049
Employee

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

788
-
1 433
-
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
-
67
-
communal

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

41
-
75
-
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
-
514
-
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
-
107
-
total
386
-
775
-
Employer

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

788
-
1 433
-
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
-
21
-
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
-
127
-
surtax
89
-
162
-
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
-
19
-
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
-
88
-
total
229
-
417
-
Corporate
832
1 850
-
-
income
166
370
-
-
surtax
3
7
-
-
total
169
377
-
-
Dividends
662
1 473
-
-
withholding

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

195
438
-
-
total
195
438
-
-
Income
1 850
1 850
1 850
1 850
Total tax
979
815
1 192
1 049
After tax
871
1 035
658
801
Living cost
402
402
402
402
Free-cash
469
633
256
399

Estimated living cost  is $402 per week

$259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$35
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
$494
$505
$554
$545
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 850
municipal
-
-
-
465
national
-
-
-
135
health
-
-
-
62
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
108
other
-
-
-
116
total
-
-
-
889
Employee
649
-
1 536
-
national
-
-
129
-
municipal
194
-
458
-
total
194
-
587
-
Employer
649
-
1 536
-
unemployment
17
-
26
-
pensions
70
-
108
-
other
75
-
116
-
accident
1
-
2
-
health
40
-
61
-
total
203
-
313
-
Corporate
997
1 850
-
-
income
219
407
-
-
total
219
407
-
-
Dividends
777
1 443
-
-
withholding
233
433
-
-
total
233
433
-
-
Income
1 850
1 850
1 850
1 850
Total tax
849
840
900
889
After tax
1 001
1 010
950
961
Living cost
456
456
456
456
Free-cash
545
554
494
505

Estimated living cost  is $456 per week

$302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$45
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
$1193
$774
$622
$66
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
-
-
-
1 850
income
-
-
-
361
social contributions
-
-
-
211
total
-
-
-
572
Employee
723
-
-
-
income
159
-
-
-
social contributions
59
-
8
-
total
218
-
8
-
Employer
723
-
-
-
social contributions
1 020
-
145
-
total
1 020
-
145
-
Corporate
107
1 850
-
-
income
24
407
-
-
total
24
407
-
-
Dividends
84
1 443
-
-
income
18
317
-
-
total
18
317
-
-
Income
1 850
1 850
1 850
1 850
Total tax
1 280
724
153
572
After tax
570
1 126
1 697
1 278
Living cost
504
504
504
504
Free-cash
66
622
1 193
774

Estimated living cost  is $504 per week

$327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$47
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
$894
$912
$993
$947
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
-
-
-
1 850
income
-
-
-
355
social contributions
-
-
-
178
health
-
-
-
47
total
-
-
-
580
Employee
848
848
1 723
-
income
89
78
347
-
social contributions
41
70
95
-
health
8
14
29
-
total
138
162
471
-
Employer
848
848
1 723
-
social contributions
41
70
95
-
health
9
16
32
-
total
50
86
127
-
Corporate
1 303
916
-
-
income
163
115
-
-
total
163
115
-
-
Dividends
1 141
802
-
-
withholding
194
136
-
-
total
194
136
-
-
Income
1 850
1 850
1 850
1 850
Total tax
545
499
598
580
After tax
1 305
1 351
1 252
1 270
Living cost
358
358
358
358
Free-cash
947
993
894
912

Estimated living cost  is $358 per week

$244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$28
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$79
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
$663
$831
$817
$880
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 850
income
-
-
-
524
pensions
-
-
-
96
total
-
-
-
620
Employee
548
-
1 616
-
income
100
-
412
-
health
7
-
24
-
pensions
42
-
118
-
total
149
-
554
-
Employer
548
-
1 616
-
pensions
55
-
203
-
health
10
-
31
-
total
65
-
234
-
Corporate
1 237
1 850
-
-
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.

235
351
-
-
total
235
351
-
-
Dividends
1 002
1 499
-
-
withholding
122
283
-
-
total
122
283
-
-
Income
1 850
1 850
1 850
1 850
Total tax
571
634
788
620
After tax
1 279
1 216
1 062
1 230
Living cost
399
399
399
399
Free-cash
880
817
663
831

Estimated living cost  is $399 per week

$274
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
$348
$429
$536
$486
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
-
-
-
1 850
municipal
-
-
-
12
regional
-
-
-
42
national
-
-
-
452
social contributions
-
-
-
476
total
-
-
-
982
Employee
929
-
1 850
-
regional
14
-
37
-
social contributions
313
-
624
-
national
157
-
391
-
municipal
6
-
11
-
total
490
-
1 063
-
Employer
929
-
1 850
-
total
-
-
-
-
Corporate
921
1 850
-
-
nationa
221
444
-
-
municipal
44
89
-
-
total
265
533
-
-
Dividends
656
1 317
-
-
withholding
170
342
-
-
total
170
342
-
-
Income
1 850
1 850
1 850
1 850
Total tax
925
875
1 063
982
After tax
925
975
787
868
Living cost
439
439
439
439
Free-cash
486
536
348
429

Estimated living cost  is $439 per week

$308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$30
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$94
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
$775
$1033
-$80
$114
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
-
-
-
1 850
income
-
-
-
513
health
-
-
-
23
accident
-
-
-
3
pensions
-
-
-
44
other
-
-
-
4
total
-
-
-
587
Employee
362
-
1 666
-
income
50
-
390
-
health
41
-
191
-
pensions
41
-
80
-
total
132
-
661
-
Employer
362
-
1 666
-
unemployment
9
-
41
-
pensions
59
-
115
-
accident
6
-
28
-
total
74
-
184
-
Corporate
1 414
1 850
-
-
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.

1 273
1 665
-
-
total
1 273
1 665
-
-
Dividends
141
185
-
-
withholding
27
35
-
-
total
27
35
-
-
Income
1 850
1 850
1 850
1 850
Total tax
1 506
1 700
845
587
After tax
344
150
1 005
1 263
Living cost
230
230
230
230
Free-cash
114
-80
775
1 033

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
$756
$564
$528
$671
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.

-
-
-
1 850
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.

-
-
-
562
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
-
-
-
192
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.

-
-
-
31
total
-
-
-
860
Employee

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

548
-
1 850
-
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
-
562
-
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
-
31
-
total
122
-
668
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 302
1 850
-
-
chamber of commerce
4
4
-
-
income
195
277
-
-
surtax

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

11
15
-
-
trade
187
265
-
-
total
397
561
-
-
Dividends
905
1 287
-
-
withholding
222
318
-
-
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
-
-
total
234
335
-
-
Income
1 850
1 850
1 850
1 850
Total tax
753
896
668
860
After tax
1 097
954
1 182
990
Living cost
426
426
426
426
Free-cash
671
528
756
564

Estimated living cost  is $426 per week

$294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$46
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$80
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
$537
$402
$1251
$1161
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.

-
-
-
1 850
microenterprise
-
-
-
-
income
-
-
-
325
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
-
-
-
472
total
-
-
-
1 219
Employee
322
-
1 382
-
income
57
-
272
-
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
-
144
-
surtax
-
-
200
-
total
92
-
616
-
Employer
322
-
1 382
-
social contributions

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

78
-
316
-
surtax
-
-
152
-
total
78
-
468
-
Corporate
1 450
1 850
-
-
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%.

290
370
-
-
total
290
370
-
-
Dividends

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

1 160
1 480
-
-
total
-
-
-
-
Income
1 850
1 850
1 850
1 850
Total tax
460
370
1 084
1 219
After tax
1 390
1 480
766
631
Living cost
229
229
229
229
Free-cash
1 161
1 251
537
402

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
$967
$977
$1012
$988
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
-
-
-
1 850
income
-
-
-
552
health
-
-
-
75
pensions
-
-
-
104
total
-
-
-
731
Employee
217
-
1 733
-
income
42
-
547
-
health
11
-
26
-
unemployment
2
-
5
-
pensions
20
-
47
-
total
75
-
625
-
Employer
217
-
1 733
-
unemployment
4
-
10
-
pensions
24
-
57
-
health
21
-
49
-
total
49
-
116
-
Corporate
1 584
1 850
-
-
income
349
407
-
-
total
349
407
-
-
Dividends
1 236
1 443
-
-
withholding
247
289
-
-
total
247
289
-
-
Income
1 850
1 850
1 850
1 850
Total tax
720
696
741
731
After tax
1 130
1 154
1 109
1 119
Living cost
142
142
142
142
Free-cash
988
1 012
967
977

Estimated living cost  is $142 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
$560
$629
$916
$882
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
-
-
-
1 850
income
-
-
-
497
health
-
-
-
104
unemployment
-
-
-
3
surtax
-
-
-
75
pensions
-
-
-
294
other
-
-
-
-
total
-
-
-
973
Employee
371
-
1 540
-
other
-
-
-
-
income
62
-
431
-
health
9
-
38
-
unemployment
26
-
102
-
surtax
1
-
63
-
pensions
25
-
98
-
total
123
-
732
-
Employer
371
-
1 540
-
unemployment
12
-
47
-
pensions
49
-
196
-
other
-
-
-
-
health
17
-
67
-
total
78
-
310
-
Corporate
1 401
1 850
-
-
income
364
481
-
-
total
364
481
-
-
Dividends
1 036
1 369
-
-
withholding
155
205
-
-
total
155
205
-
-
Income
1 850
1 850
1 850
1 850
Total tax
720
686
1 042
973
After tax
1 130
1 164
808
877
Living cost
248
248
248
248
Free-cash
882
916
560
629

Estimated living cost  is $248 per week

$149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$22
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$71
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
$137
$599
$674
$670
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
-
-
-
1 850
income
-
-
-
487
chamber of commerce
-
-
-
7
health
-
-
-
99
unemployment
-
-
-
68
surtax
-
-
-
-
pensions
-
-
-
238
total
-
-
-
899
Employee
482
439
1 466
-
other
5
4
13
-
income
43
32
386
-
health
19
17
50
-
unemployment
14
13
39
-
pensions
49
45
132
-
total
130
111
620
-
Employer
482
439
1 466
-
unemployment
14
13
39
-
chamber of commerce
2
2
6
-
pensions
60
55
162
-