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
$ 1950
per

Your estimated
City
free-cash

Valencia , Spain
$939
$736
$784
$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
-
-
-
1 950
unemployment
-
-
-
7
income
-
-
-
540
other
-
-
-
1
accident
-
-
-
9
pensions
-
-
-
297
total
-
-
-
854
Employee
419
-
1 615
-
unemployment
6
-
16
-
pensions
20
-
49
-
income
81
-
501
-
other
-
-
1
-
total
107
-
567
-
Employer
419
-
1 615
-
pensions
99
-
248
-
accident
8
-
21
-
unemployment
23
-
58
-
other
3
-
8
-
total
133
-
335
-
Corporate
1 397
1 950
-
-
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.

210
293
-
-
total
210
293
-
-
Dividends
1 188
1 657
-
-
withholding
249
357
-
-
total
249
357
-
-
Income
1 950
1 950
1 950
1 950
Total tax
699
650
902
854
After tax
1 251
1 300
1 048
1 096
Living cost
312
312
312
312
Free-cash
939
988
736
784

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
$1054
$803
$779
$1130
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
-
-
-
1 950
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
-
-
-
297
other
-
-
-
82
health
-
-
-
76
total
-
-
-
869
Employee
411
-
1 558
-
health
6
-
22
-
unemployment
4
-
16
-
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
-
109
-
income
71
-
305
-
total
110
-
452
-
Employer
411
-
1 558
-
health
6
-
22
-
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
-
265
-
accident
3
-
12
-
unemployment
4
-
16
-
other
21
-
78
-
total
104
-
393
-
Corporate
1 435
1 950
-
-
income
301
410
-
-
total
301
410
-
-
Dividends
1 134
1 540
-
-
withholding
79
108
-
-
total
79
108
-
-
Income
1 950
1 950
1 950
1 950
Total tax
594
518
845
869
After tax
1 356
1 432
1 105
1 081
Living cost
302
302
302
302
Free-cash
1 054
1 130
803
779

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
$1466
$1480
$1401
$1518
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
-
-
-
1 950
pensions

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

-
-
-
59
unemployment
-
-
-
2
income
-
-
-
293
health
-
-
-
46
total
-
-
-
400
Employee
197
-
1 872
-
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
-
187
-
total
48
-
244
-
Employer
197
-
1 872
-
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
1 715
1 950
-
-
income
171
195
-
-
total
171
195
-
-
Dividends
1 543
1 755
-
-
withholding
77
88
-
-
total
77
88
-
-
Income
1 950
1 950
1 950
1 950
Total tax
335
283
321
400
After tax
1 615
1 667
1 629
1 550
Living cost
149
149
149
149
Free-cash
1 466
1 518
1 480
1 401

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
$660
$690
$712
$595
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 950
income
-
-
-
301
other
-
-
-
60
health
-
-
-
81
social contributions
-
-
-
56
pensions
-
-
-
352
surtax
-
-
-
-
total
-
-
-
850
Employee
485
-
1 514
-
pensions
55
-
103
-
income
29
-
290
-
social contributions
14
-
43
-
surtax
-
-
-
-
total
98
-
436
-
Employer
485
-
1 514
-
health
34
-
138
-
social contributions
1
-
5
-
pensions
80
-
174
-
unemployment
20
-
61
-
other
17
-
58
-
total
152
-
436
-
Corporate
1 314
1 950
-
-
income
368
546
-
-
surtax
-
-
-
-
total
368
546
-
-
Dividends
946
1 404
-
-
social contributions
163
241
-
-
surtax
-
-
-
-
withholding
121
180
-
-
total
284
421
-
-
Income
1 950
1 950
1 950
1 950
Total tax
902
967
872
850
After tax
1 048
983
1 078
1 100
Living cost
388
388
388
388
Free-cash
660
595
690
712

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
$421
$737
$604
$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
-
-
-
1 950
pensions
-
-
-
133
income
-
-
-
598
health
-
-
-
140
total
-
-
-
871
Employee
968
968
1 739
-
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
254
-
total
481
417
527
-
Employer
968
968
1 739
-
health
67
67
84
-
pensions
67
67
84
-
unemployment
35
35
43
-
total
169
169
211
-
Corporate
825
813
-
-
income
165
163
-
-
total
165
163
-
-
Dividends
660
650
-
-
income
140
138
-
-
withholding
99
98
-
-
total
239
236
-
-
Income
1 950
1 950
1 950
1 950
Total tax
1 054
985
738
871
After tax
896
965
1 212
1 079
Living cost
475
475
475
475
Free-cash
421
490
737
604

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
$766
$899
$675
$640
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.

-
-
-
1 950
trade
-
-
-
224
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.

-
-
-
598
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.

-
-
-
33
total
-
-
-
932
Employee

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

433
-
1 950
-
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
-
598
-
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
-
33
-
total
90
-
708
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 517
1 950
-
-
income
227
293
-
-
trade
239
307
-
-
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
16
-
-
chamber of commerce
4
5
-
-
total
483
621
-
-
Dividends
1 034
1 330
-
-
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.

14
18
-
-
withholding
254
328
-
-
total
268
346
-
-
Income
1 950
1 950
1 950
1 950
Total tax
841
967
708
932
After tax
1 109
983
1 242
1 018
Living cost
343
343
343
343
Free-cash
766
640
899
675

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
$1099
$1055
$1073
$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
-
-
-
1 950
income
-
-
-
382
health
-
-
-
50
social contributions
-
-
-
183
total
-
-
-
615
Employee
871
871
1 819
-
health
7
15
31
-
income
95
81
372
-
social contributions
33
72
98
-
total
135
168
501
-
Employer
871
871
1 819
-
health
7
16
34
-
social contributions
33
72
98
-
total
40
88
132
-
Corporate
1 513
990
-
-
income
189
124
-
-
total
189
124
-
-
Dividends
1 324
866
-
-
withholding
225
147
-
-
total
225
147
-
-
Income
1 950
1 950
1 950
1 950
Total tax
589
527
633
615
After tax
1 361
1 423
1 317
1 335
Living cost
262
262
262
262
Free-cash
1 099
1 161
1 055
1 073

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
$743
$545
$691
$754
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.

-
-
-
1 950
income
-
-
-
226
social contributions

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

-
-
-
678
surtax
-
-
-
-
total
-
-
-
904
Employee
521
-
1 576
-
income
108
-
503
-
social contributions
57
-
173
-
surtax
-
-
-
-
total
165
-
676
-
Employer
521
-
1 576
-
social contributions
124
-
374
-
total
124
-
374
-
Corporate
1 305
1 950
-
-
income
274
410
-
-
surtax
-
-
-
-
total
274
410
-
-
Dividends
1 031
1 540
-
-
withholding
289
431
-
-
total
289
431
-
-
Income
1 950
1 950
1 950
1 950
Total tax
852
841
1 050
904
After tax
1 098
1 109
900
1 046
Living cost
355
355
355
355
Free-cash
743
754
545
691

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
$1752
$1475
$1846
$1767
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%.

-
-
-
1 950
microenterprise

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

-
-
-
19
total
-
-
-
19
Employee
106
-
1 950
-
income
21
-
390
-
total
21
-
390
-
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%.

1 844
1 950
-
-
total
-
-
-
-
Dividends
1 844
1 950
-
-
withholding
92
98
-
-
total
92
98
-
-
Income
1 950
1 950
1 950
1 950
Total tax
113
98
390
19
After tax
1 837
1 852
1 560
1 931
Living cost
85
85
85
85
Free-cash
1 752
1 767
1 475
1 846

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
$945
$600
$651
$1039
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.

-
-
-
1 950
pensions
-
-
-
356
unemployment
-
-
-
3
income
-
-
-
444
health
-
-
-
192
total
-
-
-
995
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
-
1 687
-
health
32
-
109
-
unemployment
1
-
2
-
pensions
78
-
262
-
income
86
-
411
-
total
197
-
784
-
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
-
1 687
-
health
33
-
112
-
pensions
44
-
149
-
unemployment
-
-
1
-
total
77
-
262
-
Corporate
1 371
1 950
-
-
income
260
370
-
-
total
260
370
-
-
Dividends
1 110
1 580
-
-
withholding
167
237
-
-
total
167
237
-
-
Income
1 950
1 950
1 950
1 950
Total tax
701
607
1 046
995
After tax
1 249
1 343
904
955
Living cost
304
304
304
304
Free-cash
945
1 039
600
651

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
$837
$979
$1144
$796
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
1 950
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
-
1 898
-
social contributions
52
-
52
-
income
56
-
456
-
total
108
-
508
-
Employer
520
-
1 898
-
social contributions
52
-
52
-
total
52
-
52
-
Corporate
1 378
1 950
-
-
income
482
683
-
-
total
482
683
-
-
Dividends
896
1 267
-
-
social contributions
60
60
-
-
total
60
60
-
-
Income
1 950
1 950
1 950
1 950
Total tax
702
743
560
395
After tax
1 248
1 207
1 390
1 555
Living cost
411
411
411
411
Free-cash
837
796
979
1 144

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
$956
$974
$1012
$949
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
-
-
-
1 950
income
-
-
-
293
health
-
-
-
136
social contributions
-
-
-
269
total
-
-
-
698
Employee
384
-
1 950
-
health
27
-
136
-
income
64
-
331
-
social contributions
53
-
269
-
total
144
-
736
-
Employer
384
-
1 950
-
total
-
-
-
-
Corporate
1 566
1 950
-
-
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%.

78
98
-
-
total
78
98
-
-
Dividends
1 487
1 852
-
-
social contributions
205
256
-
-
withholding
223
278
-
-
health
104
129
-
-
total
532
663
-
-
Income
1 950
1 950
1 950
1 950
Total tax
754
761
736
698
After tax
1 196
1 189
1 214
1 252
Living cost
240
240
240
240
Free-cash
956
949
974
1 012

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
$912
$714
$799
$1026
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
-
-
-
1 950
income
-
-
-
197
health
-
-
-
263
social contributions
-
-
-
371
solidarity contribution
-
-
-
3
total
-
-
-
834
Employee
467
-
1 498
-
health
63
-
202
-
solidarity contribution
-
-
-
-
income
56
-
182
-
social contributions
30
-
83
-
total
149
-
467
-
Employer
467
-
1 498
-
health
42
-
135
-
social contributions
117
-
317
-
total
159
-
452
-
Corporate
1 325
1 950
-
-
income
252
370
-
-
total
252
370
-
-
Dividends
1 073
1 580
-
-
withholding
161
237
-
-
total
161
237
-
-
Income
1 950
1 950
1 950
1 950
Total tax
721
607
919
834
After tax
1 229
1 343
1 031
1 116
Living cost
317
317
317
317
Free-cash
912
1 026
714
799

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
$1696
$1428
$1799
$1720
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%.

-
-
-
1 950
microenterprise

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

-
-
-
19
total
-
-
-
19
Employee
165
-
1 950
-
income
33
-
390
-
total
33
-
390
-
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%.

1 785
1 950
-
-
total
-
-
-
-
Dividends
1 785
1 950
-
-
withholding
89
98
-
-
total
89
98
-
-
Income
1 950
1 950
1 950
1 950
Total tax
122
98
390
19
After tax
1 828
1 852
1 560
1 931
Living cost
132
132
132
132
Free-cash
1 696
1 720
1 428
1 799

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
$514
$531
$553
$436
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
-
-
-
1 950
income
-
-
-
301
other
-
-
-
60
health
-
-
-
81
social contributions
-
-
-
56
pensions
-
-
-
352
surtax
-
-
-
-
total
-
-
-
850
Employee
710
-
1 514
-
pensions
80
-
103
-
income
62
-
290
-
social contributions
20
-
43
-
surtax
-
-
-
-
total
162
-
436
-
Employer
710
-
1 514
-
health
50
-
138
-
social contributions
2
-
5
-
pensions
117
-
174
-
unemployment
29
-
61
-
other
24
-
58
-
total
222
-
436
-
Corporate
1 019
1 950
-
-
income
285
546
-
-
surtax
-
-
-
-
total
285
546
-
-
Dividends
733
1 404
-
-
social contributions
126
241
-
-
surtax
-
-
-
-
withholding
94
180
-
-
total
220
421
-
-
Income
1 950
1 950
1 950
1 950
Total tax
889
967
872
850
After tax
1 061
983
1 078
1 100
Living cost
547
547
547
547
Free-cash
514
436
531
553

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
$1160
$1000
$999
$1214
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.

-
-
-
1 950
pensions
-
-
-
217
unemployment
-
-
-
13
income
-
-
-
440
health
-
-
-
86
total
-
-
-
756
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
-
1 801
-
health
15
-
43
-
unemployment
2
-
6
-
pensions
41
-
117
-
income
41
-
440
-
total
99
-
606
-
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
-
1 801
-
health
15
-
43
-
pensions
35
-
100
-
unemployment
2
-
6
-
total
52
-
149
-
Corporate
1 603
1 950
-
-
income
240
292
-
-
total
240
292
-
-
Dividends
1 362
1 658
-
-
withholding
204
249
-
-
total
204
249
-
-
Income
1 950
1 950
1 950
1 950
Total tax
595
541
755
756
After tax
1 355
1 409
1 195
1 194
Living cost
195
195
195
195
Free-cash
1 160
1 214
1 000
999

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
$446
$702
$788
$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
-
-
-
1 950
pensions
-
-
-
179
city
-
-
-
21
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.

-
-
-
39
health
-
-
-
4
regional
-
-
-
101
national
-
-
-
40
total
-
-
-
384
Employee
911
-
1 747
-
health
2
-
4
-
unemployment
-
-
-
-
city
10
-
19
-
pensions
77
-
145
-
regional
30
-
88
-
national
4
-
30
-
total
123
-
286
-
Employer
911
-
1 747
-
health
2
-
4
-
pensions
77
-
145
-
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
-
35
-
total
97
-
184
-
Corporate
932
1 950
-
-
regional
197
412
-
-
national
79
166
-
-
total
276
578
-
-
Dividends
656
1 372
-
-
withholding
230
480
-
-
total
230
480
-
-
Income
1 950
1 950
1 950
1 950
Total tax
726
1 058
470
384
After tax
1 224
892
1 480
1 566
Living cost
778
778
778
778
Free-cash
446
114
702
788

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
$817
$589
$830
$789
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

-
-
-
1 950
municipal
-
-
-
346
health
-
-
-
25
national
-
-
-
314
total
-
-
-
685
Employee
596
-
1 640
-
health
4
-
21
-
unemployment
9
-
25
-
pensions
40
-
111
-
national
10
-
191
-
municipal
98
-
267
-
total
161
-
615
-
Employer
596
-
1 640
-
health
5
-
13
-
pensions
103
-
285
-
accident
1
-
2
-
unemployment
4
-
11
-
total
113
-
311
-
Corporate
1 241
1 950
-
-
income
248
390
-
-
total
248
390
-
-
Dividends

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

745
1 170
-
-
municipal
134
211
-
-
national
42
125
-
-
total
176
336
-
-
Income
1 950
1 950
1 950
1 950
Total tax
698
726
926
685
After tax
1 252
1 224
1 024
1 265
Living cost
435
435
435
435
Free-cash
817
789
589
830

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
$506
$276
$432
$677
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
-
-
-
1 950
communal

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

-
-
-
100
social contributions
-
-
-
283
national
-
-
-
722
total
-
-
-
1 105
Employee

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

811
-
1 510
-
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
-
71
-
communal

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

42
-
79
-
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
-
13
-
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
-
113
-
national
249
-
545
-
total
397
-
821
-
Employer

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

811
-
1 510
-
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
-
93
-
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
-
134
-
surtax
92
-
171
-
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
-
20
-
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
-
22
-
total
237
-
440
-
Corporate
903
1 950
-
-
income
181
390
-
-
surtax
4
8
-
-
total
185
398
-
-
Dividends
719
1 552
-
-
withholding

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

212
462
-
-
total
212
462
-
-
Income
1 950
1 950
1 950
1 950
Total tax
1 031
860
1 261
1 105
After tax
919
1 090
689
845
Living cost
413
413
413
413
Free-cash
506
677
276
432

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
$565
$514
$525
$576
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
-
-
-
1 950
unemployment
-
-
-
1
municipal
-
-
-
489
other
-
-
-
124
health
-
-
-
67
national
-
-
-
137
accident
-
-
-
2
pensions
-
-
-
116
total
-
-
-
936
Employee
696
-
1 614
-
national
-
-
130
-
municipal
208
-
481
-
total
208
-
611
-
Employer
696
-
1 614
-
health
43
-
66
-
pensions
75
-
116
-
accident
1
-
2
-
unemployment
18
-
28
-
other
81
-
124
-
total
218
-
336
-
Corporate
1 035
1 950
-
-
income
228
429
-
-
total
228
429
-
-
Dividends
807
1 521
-
-
withholding
242
456
-
-
total
242
456
-
-
Income
1 950
1 950
1 950
1 950
Total tax
896
885
947
936
After tax
1 054
1 065
1 003
1 014
Living cost
489
489
489
489
Free-cash
565
576
514
525

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
$55
$1247
$809
$647
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
-
-
-
1 950
income
-
-
-
380
social contributions
-
-
-
222
total
-
-
-
602
Employee
772
-
-
-
income
170
-
-
-
social contributions
63
-
9
-
total
233
-
9
-
Employer
772
-
-
-
social contributions
1 089
-
155
-
total
1 089
-
155
-
Corporate
89
1 950
-
-
income
19
429
-
-
total
19
429
-
-
Dividends
69
1 521
-
-
income
15
335
-
-
total
15
335
-
-
Income
1 950
1 950
1 950
1 950
Total tax
1 356
764
164
602
After tax
594
1 186
1 786
1 348
Living cost
539
539
539
539
Free-cash
55
647
1 247
809

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
$1008
$949
$967
$1055
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
-
-
-
1 950
income
-
-
-
382
health
-
-
-
50
social contributions
-
-
-
183
total
-
-
-
615
Employee
871
871
1 819
-
health
9
15
31
-
income
92
81
372
-
social contributions
42
72
98
-
total
143
168
501
-
Employer
871
871
1 819
-
health
9
16
34
-
social contributions
42
72
98
-
total
51
88
132
-
Corporate
1 388
990
-
-
income
174
124
-
-
total
174
124
-
-
Dividends
1 215
866
-
-
withholding
206
147
-
-
total
206
147
-
-
Income
1 950
1 950
1 950
1 950
Total tax
574
527
633
615
After tax
1 376
1 423
1 317
1 335
Living cost
368
368
368
368
Free-cash
1 008
1 055
949
967

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
$932
$708
$885
$867
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
-
-
-
1 950
income
-
-
-
559
pensions
-
-
-
99
total
-
-
-
658
Employee
559
-
1 703
-
health
7
-
25
-
pensions
43
-
122
-
income
102
-
442
-
total
152
-
589
-
Employer
559
-
1 703
-
health
11
-
32
-
pensions
56
-
214
-
total
67
-
246
-
Corporate
1 324
1 950
-
-
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.

252
371
-
-
total
252
371
-
-
Dividends
1 073
1 579
-
-
withholding
140
305
-
-
total
140
305
-
-
Income
1 950
1 950
1 950
1 950
Total tax
611
676
835
658
After tax
1 339
1 274
1 115
1 292
Living cost
407
407
407
407
Free-cash
932
867
708
885

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
$525
$374
$460
$576
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
-
-
-
1 950
municipal
-
-
-
13
regional
-
-
-
45
social contributions
-
-
-
502
national
-
-
-
479
total
-
-
-
1 039
Employee
955
-
1 950
-
social contributions
322
-
658
-
regional
14
-
40
-
national
161
-
415
-
municipal
6
-
12
-
total
503
-
1 125
-
Employer
955
-
1 950
-
total
-
-
-
-
Corporate
995
1 950
-
-
nationa
239
468
-
-
municipal
48
94
-
-
total
287
562
-
-
Dividends
708
1 388
-
-
withholding
184
361
-
-
total
184
361
-
-
Income
1 950
1 950
1 950
1 950
Total tax
974
923
1 125
1 039
After tax
976
1 027
825
911
Living cost
451
451
451
451
Free-cash
525
576
374
460

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
$121
$814
$1088
-$87
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
-
-
-
1 950
pensions
-
-
-
46
income
-
-
-
540
other
-
-
-
4
health
-
-
-
24
accident
-
-
-
3
total
-
-
-
617
Employee
385
-
1 755
-
health
44
-
201
-
pensions
43
-
85
-
income
53
-
410
-
total
140
-
696
-
Employer
385
-
1 755
-
pensions
63
-
123
-
accident
6
-
29
-
unemployment
9
-
43
-
total
78
-
195
-
Corporate
1 487
1 950
-
-
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.

1 338
1 755
-
-
total
1 338
1 755
-
-
Dividends
149
195
-
-
withholding
28
37
-
-
total
28
37
-
-
Income
1 950
1 950
1 950
1 950
Total tax
1 584
1 792
891
617
After tax
366
158
1 059
1 333
Living cost
245
245
245
245
Free-cash
121
-87
814
1 088

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
$715
$805
$601
$566
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.

-
-
-
1 950
trade
-
-
-
204
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.

-
-
-
598
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.

-
-
-
33
total
-
-
-
912
Employee

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

564
-
1 950
-
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
-
598
-
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
-
33
-
total
126
-
708
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 386
1 950
-
-
income
208
293
-
-
trade
199
280
-
-
surtax

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

11
16
-
-
chamber of commerce
4
5
-
-
total
422
594
-
-
Dividends
964
1 357
-
-
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
18
-
-
withholding
237
335
-
-
total
250
353
-
-
Income
1 950
1 950
1 950
1 950
Total tax
798
947
708
912
After tax
1 152
1 003
1 242
1 038
Living cost
437
437
437
437
Free-cash
715
566
805
601

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
$1231
$577
$433
$1324
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.

-
-
-
1 950
income
-
-
-
350
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
-
-
-
497
total
-
-
-
1 281
Employee
331
-
1 464
-
income
59
-
290
-
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
-
149
-
surtax
-
-
212
-
total
95
-
651
-
Employer
331
-
1 464
-
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
-
325
-
surtax
-
-
161
-
total
80
-
486
-
Corporate
1 539
1 950
-
-
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%.

308
390
-
-
total
308
390
-
-
Dividends

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

1 231
1 560
-
-
total
-
-
-
-
Income
1 950
1 950
1 950
1 950
Total tax
483
390
1 137
1 281
After tax
1 467
1 560
813
669
Living cost
236
236
236
236
Free-cash
1 231
1 324
577
433

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
$1050
$1029
$1039
$1073
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
-
-
-
1 950
income
-
-
-
586
health
-
-
-
76
pensions
-
-
-
105
total
-
-
-
767
Employee
219
-
1 832
-
health
11
-
26
-
unemployment
2
-
5
-
pensions
20
-
47
-
income
42
-
581
-
total
75
-
659
-
Employer
219
-
1 832
-
health
21
-
50
-
pensions
24
-
58
-
unemployment
4
-
10
-
total
49
-
118
-
Corporate
1 682
1 950
-
-
income
370
429
-
-
total
370
429
-
-
Dividends
1 312
1 521
-
-
withholding
262
304
-
-
total
262
304
-
-
Income
1 950
1 950
1 950
1 950
Total tax
756
733
777
767
After tax
1 194
1 217
1 173
1 183
Living cost
144
144
144
144
Free-cash
1 050
1 073
1 029
1 039

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
$936
$598
$669
$972
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
-
-
-
1 950
pensions
-
-
-
302
unemployment
-
-
-
3
income
-
-
-
533
other
-
-
-
-
health
-
-
-
107
surtax
-
-
-
81
total
-
-
-
1 026
Employee
382
-
1 632
-
health
10
-
39
-
unemployment
27
-
105
-
pensions
25
-
101
-
income
64
-
465
-
other
-
-
-
-
surtax
1
-
68
-
total
127
-
778
-
Employer
382
-
1 632
-
health
17
-
69
-
pensions
51
-
202
-
unemployment
12
-
48
-
other
-
-
-
-
total
80
-
319
-
Corporate
1 488
1 950
-
-
income
387
507
-
-
total
387
507
-
-
Dividends
1 101
1 443
-
-
withholding
165
216
-
-
total
165
216
-
-
Income
1 950
1 950
1 950
1 950
Total tax
759
723
1 097
1 026
After tax
1 191
1 227
853
924
Living cost
255
255
255
255
Free-cash
936
972
598
669

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
$712
$156
$640
$718
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
-
-
-
1 950
pensions
-
-
-
245
chamber of commerce
-
-
-
8
unemployment
-
-
-
70
income
-
-
-
524
health
-
-
-
101
surtax
-
-
-
-
total
-
-
-
948
Employee
495
452
1 552
-
health
19
17
51
-
unemployment
15
14
40
-
pensions
51
46
136
-
income
44
33
417
-
other
5
5
13
-
total
134
115
657
-
Employer
495
452
1 552
-
health
19
17
50
-
pensions
62
57
166
-
surtax
-