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
$ 2100
per

Your estimated
City
free-cash

Valencia , Spain
$824
$871
$1091
$1044
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
-
-
-
2 100
income
-
-
-
612
accident
-
-
-
9
unemployment
-
-
-
7
pensions
-
-
-
293
other
-
-
-
1
total
-
-
-
922
Employee
413
-
1 770
-
other
-
-
1
-
income
80
-
574
-
unemployment
6
-
16
-
pensions
19
-
49
-
total
105
-
640
-
Employer
413
-
1 770
-
unemployment
23
-
57
-
pensions
97
-
244
-
other
3
-
8
-
accident
8
-
20
-
total
131
-
329
-
Corporate
1 555
2 100
-
-
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.

233
315
-
-
total
233
315
-
-
Dividends
1 322
1 785
-
-
withholding
280
387
-
-
total
280
387
-
-
Income
2 100
2 100
2 100
2 100
Total tax
749
702
969
922
After tax
1 351
1 398
1 131
1 178
Living cost
307
307
307
307
Free-cash
1 044
1 091
824
871

Estimated living cost  is $307 per week

$207
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.
$65
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
$890
$901
$1245
$1170
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
-
-
-
2 100
income
-
-
-
337
health
-
-
-
75
pensions

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

-
-
-
408
other
-
-
-
81
total
-
-
-
901
Employee
406
-
1 677
-
income
70
-
333
-
health
6
-
23
-
unemployment
4
-
17
-
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
-
117
-
total
108
-
490
-
Employer
406
-
1 677
-
unemployment
4
-
17
-
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.

69
-
285
-
other
20
-
84
-
accident
3
-
13
-
health
6
-
23
-
total
102
-
422
-
Corporate
1 592
2 100
-
-
income
334
441
-
-
total
334
441
-
-
Dividends
1 258
1 659
-
-
withholding
88
116
-
-
total
88
116
-
-
Income
2 100
2 100
2 100
2 100
Total tax
632
557
912
901
After tax
1 468
1 543
1 188
1 199
Living cost
298
298
298
298
Free-cash
1 170
1 245
890
901

Estimated living cost  is $298 per week

$210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$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
$1620
$1534
$1650
$1599
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
-
-
-
2 100
income
-
-
-
315
health
-
-
-
45
unemployment
-
-
-
2
pensions

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

-
-
-
58
total
-
-
-
420
Employee
194
-
2 024
-
income
19
-
202
-
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
-
258
-
Employer
194
-
2 024
-
unemployment
1
-
2
-
pensions

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

21
-
43
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
health
13
-
27
-
total
37
-
76
-
Corporate
1 868
2 100
-
-
income
187
210
-
-
total
187
210
-
-
Dividends
1 682
1 890
-
-
withholding
84
94
-
-
total
84
94
-
-
Income
2 100
2 100
2 100
2 100
Total tax
355
304
334
420
After tax
1 745
1 796
1 766
1 680
Living cost
146
146
146
146
Free-cash
1 599
1 650
1 620
1 534

Estimated living cost  is $146 per week

$85
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.
$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
$756
$799
$676
$744
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
-
-
-
2 100
income
-
-
-
339
social contributions
-
-
-
60
health
-
-
-
93
surtax
-
-
-
-
pensions
-
-
-
362
other
-
-
-
65
total
-
-
-
919
Employee
478
-
1 620
-
income
28
-
320
-
social contributions
14
-
46
-
surtax
-
-
-
-
pensions
54
-
115
-
total
96
-
481
-
Employer
478
-
1 620
-
unemployment
19
-
66
-
social contributions
1
-
5
-
pensions
79
-
193
-
other
16
-
64
-
health
33
-
153
-
total
148
-
481
-
Corporate
1 473
2 100
-
-
income
412
588
-
-
surtax
-
-
-
-
total
412
588
-
-
Dividends
1 060
1 512
-
-
withholding
136
194
-
-
surtax
-
-
-
-
social contributions
182
260
-
-
total
318
454
-
-
Income
2 100
2 100
2 100
2 100
Total tax
974
1 042
962
919
After tax
1 126
1 058
1 138
1 181
Living cost
382
382
382
382
Free-cash
744
676
756
799

Estimated living cost  is $382 per week

$241
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.
$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
Rotterdam , Netherlands
$858
$682
$575
$507
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
-
-
-
2 100
income
-
-
-
681
health
-
-
-
138
pensions
-
-
-
131
total
-
-
-
950
Employee
954
954
1 892
-
income

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

156
156
297
-
health
146
125
138
-
pensions
172
131
131
-
total
474
412
566
-
Employer
954
954
1 892
-
unemployment
34
34
43
-
pensions
66
66
83
-
health
66
66
82
-
total
166
166
208
-
Corporate
991
979
-
-
income
198
196
-
-
total
198
196
-
-
Dividends
793
783
-
-
withholding
119
117
-
-
income
168
166
-
-
total
287
283
-
-
Income
2 100
2 100
2 100
2 100
Total tax
1 125
1 057
774
950
After tax
975
1 043
1 326
1 150
Living cost
468
468
468
468
Free-cash
507
575
858
682

Estimated living cost  is $468 per week

$332
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.
$87
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
$985
$736
$721
$845
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.

-
-
-
2 100
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.

-
-
-
664
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.

-
-
-
76
trade
-
-
-
249
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.

-
-
-
37
total
-
-
-
1 026
Employee

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

427
-
2 100
-
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
-
664
-
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.

76
-
76
-
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
-
37
-
total
89
-
777
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 673
2 100
-
-
chamber of commerce
4
5
-
-
income
251
315
-
-
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
17
-
-
trade
263
331
-
-
total
532
668
-
-
Dividends
1 141
1 432
-
-
withholding
281
354
-
-
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.

15
19
-
-
total
296
373
-
-
Income
2 100
2 100
2 100
2 100
Total tax
917
1 041
777
1 026
After tax
1 183
1 059
1 323
1 074
Living cost
338
338
338
338
Free-cash
845
721
985
736

Estimated living cost  is $338 per week

$213
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.
$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.

Larnaca , Cyprus
$1153
$1169
$1272
$1212
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
-
-
-
2 100
income
-
-
-
437
social contributions
-
-
-
181
health
-
-
-
54
total
-
-
-
672
Employee
859
859
1 967
-
income
94
80
427
-
social contributions
32
71
96
-
health
7
15
33
-
total
133
166
556
-
Employer
859
859
1 967
-
social contributions
32
71
96
-
health
7
16
36
-
total
39
87
132
-
Corporate
1 669
1 154
-
-
income
209
144
-
-
total
209
144
-
-
Dividends
1 460
1 010
-
-
withholding
248
172
-
-
total
248
172
-
-
Income
2 100
2 100
2 100
2 100
Total tax
629
569
688
672
After tax
1 471
1 531
1 412
1 428
Living cost
259
259
259
259
Free-cash
1 212
1 272
1 153
1 169

Estimated living cost  is $259 per week

$155
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.
$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 Source
Lisbon , Portugal
$607
$766
$844
$833
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.

-
-
-
2 100
income
-
-
-
254
social contributions

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

-
-
-
730
surtax
-
-
-
-
total
-
-
-
984
Employee
514
-
1 697
-
income
107
-
553
-
social contributions
57
-
187
-
surtax
-
-
-
-
total
164
-
740
-
Employer
514
-
1 697
-
social contributions
122
-
403
-
total
122
-
403
-
Corporate
1 464
2 100
-
-
income
307
441
-
-
surtax
-
-
-
-
total
307
441
-
-
Dividends
1 157
1 659
-
-
withholding
324
465
-
-
total
324
465
-
-
Income
2 100
2 100
2 100
2 100
Total tax
917
906
1 143
984
After tax
1 183
1 194
957
1 116
Living cost
350
350
350
350
Free-cash
833
844
607
766

Estimated living cost  is $350 per week

$262
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.
$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
Batumi , Georgia
$1600
$1999
$1915
$1900
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%.

-
-
-
2 100
microenterprise

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

-
-
-
21
total
-
-
-
21
Employee
99
-
2 100
-
income
20
-
420
-
total
20
-
420
-
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%.

2 001
2 100
-
-
total
-
-
-
-
Dividends
2 001
2 100
-
-
withholding
100
105
-
-
total
100
105
-
-
Income
2 100
2 100
2 100
2 100
Total tax
120
105
420
21
After tax
1 980
1 995
1 680
2 079
Living cost
80
80
80
80
Free-cash
1 900
1 915
1 600
1 999

Estimated living cost  is $80 per week

$49
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.
$21
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
$663
$718
$1146
$1051
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.

-
-
-
2 100
income
-
-
-
488
health
-
-
-
207
unemployment
-
-
-
3
pensions
-
-
-
384
total
-
-
-
1 082
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.

494
-
1 817
-
income
85
-
452
-
health
32
-
117
-
unemployment
1
-
3
-
pensions
77
-
282
-
total
195
-
854
-
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.

494
-
1 817
-
unemployment
-
-
1
-
pensions
44
-
161
-
health
33
-
121
-
total
77
-
283
-
Corporate
1 529
2 100
-
-
income
291
399
-
-
total
291
399
-
-
Dividends
1 239
1 701
-
-
withholding
186
255
-
-
total
186
255
-
-
Income
2 100
2 100
2 100
2 100
Total tax
749
654
1 137
1 082
After tax
1 351
1 446
963
1 018
Living cost
300
300
300
300
Free-cash
1 051
1 146
663
718

Estimated living cost  is $300 per week

$206
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.
$69
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
$1081
$1305
$901
$940
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.

-
-
-
2 100
income
-
-
-
318
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
-
-
-
390
Employee
512
-
2 049
-
social contributions
51
-
51
-
income
56
-
512
-
total
107
-
563
-
Employer
512
-
2 049
-
social contributions
51
-
51
-
total
51
-
51
-
Corporate
1 536
2 100
-
-
income
538
735
-
-
total
538
735
-
-
Dividends
999
1 365
-
-
social contributions
59
59
-
-
total
59
59
-
-
Income
2 100
2 100
2 100
2 100
Total tax
755
794
614
390
After tax
1 345
1 306
1 486
1 710
Living cost
405
405
405
405
Free-cash
940
901
1 081
1 305

Estimated living cost  is $405 per week

$267
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.
$100
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
$1064
$1111
$1045
$1051
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
-
-
-
2 100
income
-
-
-
315
social contributions
-
-
-
290
health
-
-
-
147
total
-
-
-
752
Employee
379
-
2 100
-
income
63
-
362
-
social contributions
52
-
290
-
health
26
-
147
-
total
141
-
799
-
Employer
379
-
2 100
-
total
-
-
-
-
Corporate
1 721
2 100
-
-
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%.

86
105
-
-
total
86
105
-
-
Dividends
1 635
1 995
-
-
withholding
245
299
-
-
health
114
139
-
-
social contributions
226
275
-
-
total
585
713
-
-
Income
2 100
2 100
2 100
2 100
Total tax
812
818
799
752
After tax
1 288
1 282
1 301
1 348
Living cost
237
237
237
237
Free-cash
1 051
1 045
1 064
1 111

Estimated living cost  is $237 per week

$159
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.
$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
$832
$921
$1142
$1034
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
-
-
-
2 100
income
-
-
-
219
social contributions
-
-
-
355
solidarity contribution
-
-
-
17
health
-
-
-
284
total
-
-
-
875
Employee
447
-
1 648
-
solidarity contribution
-
-
9
-
income
54
-
202
-
social contributions
29
-
79
-
health
60
-
222
-
total
143
-
512
-
Employer
447
-
1 648
-
social contributions
112
-
304
-
health
40
-
148
-
total
152
-
452
-
Corporate
1 501
2 100
-
-
income
285
399
-
-
total
285
399
-
-
Dividends
1 216
1 701
-
-
withholding
182
255
-
-
total
182
255
-
-
Income
2 100
2 100
2 100
2 100
Total tax
762
654
964
875
After tax
1 338
1 446
1 136
1 225
Living cost
304
304
304
304
Free-cash
1 034
1 142
832
921

Estimated living cost  is $304 per week

$226
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
$1556
$1955
$1871
$1848
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%.

-
-
-
2 100
microenterprise

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

-
-
-
21
total
-
-
-
21
Employee
155
-
2 100
-
income
31
-
420
-
total
31
-
420
-
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%.

1 945
2 100
-
-
total
-
-
-
-
Dividends
1 945
2 100
-
-
withholding
97
105
-
-
total
97
105
-
-
Income
2 100
2 100
2 100
2 100
Total tax
128
105
420
21
After tax
1 972
1 995
1 680
2 079
Living cost
124
124
124
124
Free-cash
1 848
1 871
1 556
1 955

Estimated living cost  is $124 per week

$84
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.
$31
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
$599
$642
$519
$597
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
-
-
-
2 100
income
-
-
-
339
social contributions
-
-
-
60
health
-
-
-
93
surtax
-
-
-
-
pensions
-
-
-
362
other
-
-
-
65
total
-
-
-
919
Employee
700
-
1 620
-
income
61
-
320
-
social contributions
20
-
46
-
surtax
-
-
-
-
pensions
79
-
115
-
total
160
-
481
-
Employer
700
-
1 620
-
unemployment
28
-
66
-
social contributions
2
-
5
-
pensions
115
-
193
-
other
24
-
64
-
health
49
-
153
-
total
218
-
481
-
Corporate
1 182
2 100
-
-
income
331
588
-
-
surtax
-
-
-
-
total
331
588
-
-
Dividends
851
1 512
-
-
withholding
109
194
-
-
surtax
-
-
-
-
social contributions
146
260
-
-
total
255
454
-
-
Income
2 100
2 100
2 100
2 100
Total tax
964
1 042
962
919
After tax
1 136
1 058
1 138
1 181
Living cost
539
539
539
539
Free-cash
597
519
599
642

Estimated living cost  is $539 per week

$365
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.
$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
Belgrade , Serbia
$1119
$1118
$1324
$1269
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.

-
-
-
2 100
income
-
-
-
478
health
-
-
-
85
unemployment
-
-
-
12
pensions
-
-
-
214
total
-
-
-
789
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.

291
-
1 953
-
income
40
-
478
-
health
15
-
42
-
unemployment
2
-
6
-
pensions
41
-
115
-
total
98
-
641
-
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.

291
-
1 953
-
unemployment
2
-
6
-
pensions
35
-
99
-
health
15
-
42
-
total
52
-
147
-
Corporate
1 757
2 100
-
-
income
264
315
-
-
total
264
315
-
-
Dividends
1 494
1 785
-
-
withholding
224
268
-
-
total
224
268
-
-
Income
2 100
2 100
2 100
2 100
Total tax
638
583
788
789
After tax
1 462
1 517
1 312
1 311
Living cost
193
193
193
193
Free-cash
1 269
1 324
1 119
1 118

Estimated living cost  is $193 per week

$130
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.
$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
$812
$897
$180
$514
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
-
-
-
2 100
regional
-
-
-
113
national
-
-
-
48
health
-
-
-
5
city
-
-
-
22
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.

-
-
-
42
pensions
-
-
-
193
total
-
-
-
423
Employee
913
-
1 886
-
regional
30
-
100
-
city
10
-
20
-
health
2
-
4
-
unemployment
-
-
-
-
national
4
-
38
-
pensions
77
-
152
-
total
123
-
314
-
Employer
913
-
1 886
-
unemployment
-
-
-
-
pensions
77
-
152
-
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
-
38
-
health
2
-
4
-
total
97
-
194
-
Corporate
1 080
2 100
-
-
regional
228
444
-
-
national
92
179
-
-
total
320
623
-
-
Dividends
760
1 477
-
-
withholding
266
517
-
-
total
266
517
-
-
Income
2 100
2 100
2 100
2 100
Total tax
806
1 140
508
423
After tax
1 294
960
1 592
1 677
Living cost
780
780
780
780
Free-cash
514
180
812
897

Estimated living cost  is $780 per week

$507
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
$664
$906
$878
$909
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

-
-
-
2 100
municipal
-
-
-
373
national
-
-
-
364
health
-
-
-
28
total
-
-
-
765
Employee
588
-
1 767
-
health
4
-
23
-
unemployment
9
-
26
-
national
10
-
217
-
municipal
96
-
288
-
pensions
40
-
119
-
total
159
-
673
-
Employer
588
-
1 767
-
unemployment
4
-
11
-
pensions
102
-
307
-
accident
1
-
2
-
health
5
-
14
-
total
112
-
334
-
Corporate
1 401
2 100
-
-
income
280
420
-
-
total
280
420
-
-
Dividends

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

841
1 260
-
-
national
60
146
-
-
municipal
151
227
-
-
total
211
373
-
-
Income
2 100
2 100
2 100
2 100
Total tax
762
793
1 007
765
After tax
1 338
1 307
1 093
1 335
Living cost
429
429
429
429
Free-cash
909
878
664
906

Estimated living cost  is $429 per week

$280
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.
$101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

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
$326
$505
$768
$598
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
-
-
-
2 100
national
-
-
-
801
social contributions
-
-
-
278
communal

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

-
-
-
109
total
-
-
-
1 188
Employee

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

799
-
1 627
-
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
-
76
-
communal

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

42
-
85
-
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
-
14
-
national
246
-
597
-
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.

60
-
122
-
total
393
-
894
-
Employer

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

799
-
1 627
-
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
-
24
-
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.

71
-
144
-
surtax
91
-
184
-
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
-
21
-
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.

49
-
100
-
total
233
-
473
-
Corporate
1 068
2 100
-
-
income
214
420
-
-
surtax
4
8
-
-
total
218
428
-
-
Dividends
851
1 672
-
-
withholding

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

251
497
-
-
total
251
497
-
-
Income
2 100
2 100
2 100
2 100
Total tax
1 095
925
1 367
1 188
After tax
1 005
1 175
733
912
Living cost
407
407
407
407
Free-cash
598
768
326
505

Estimated living cost  is $407 per week

$262
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.
$103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
$607
$618
$693
$682
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
-
-
-
2 100
municipal
-
-
-
540
national
-
-
-
199
health
-
-
-
62
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
108
other
-
-
-
116
total
-
-
-
1 028
Employee
647
-
1 787
-
national
-
-
193
-
municipal
193
-
533
-
total
193
-
726
-
Employer
647
-
1 787
-
unemployment
17
-
26
-
pensions
70
-
108
-
other
75
-
116
-
accident
1
-
2
-
health
40
-
61
-
total
203
-
313
-
Corporate
1 250
2 100
-
-
income
275
462
-
-
total
275
462
-
-
Dividends
975
1 638
-
-
withholding
293
491
-
-
total
293
491
-
-
Income
2 100
2 100
2 100
2 100
Total tax
964
953
1 039
1 028
After tax
1 136
1 147
1 061
1 072
Living cost
454
454
454
454
Free-cash
682
693
607
618

Estimated living cost  is $454 per week

$301
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
$1466
$966
$792
$256
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
-
-
-
2 100
income
-
-
-
409
social contributions
-
-
-
239
total
-
-
-
648
Employee
696
-
-
-
income
154
-
-
-
social contributions
57
-
8
-
total
211
-
8
-
Employer
696
-
-
-
social contributions
982
-
140
-
total
982
-
140
-
Corporate
422
2 100
-
-
income
93
462
-
-
total
93
462
-
-
Dividends
329
1 638
-
-
income
72
360
-
-
total
72
360
-
-
Income
2 100
2 100
2 100
2 100
Total tax
1 358
822
148
648
After tax
742
1 278
1 952
1 452
Living cost
486
486
486
486
Free-cash
256
792
1 466
966

Estimated living cost  is $486 per week

$315
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.
$119
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
$1050
$1066
$1169
$1123
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
-
-
-
2 100
income
-
-
-
437
social contributions
-
-
-
181
health
-
-
-
54
total
-
-
-
672
Employee
859
859
1 967
-
income
90
80
427
-
social contributions
42
71
96
-
health
9
15
33
-
total
141
166
556
-
Employer
859
859
1 967
-
social contributions
42
71
96
-
health
9
16
36
-
total
51
87
132
-
Corporate
1 546
1 154
-
-
income
193
144
-
-
total
193
144
-
-
Dividends
1 353
1 010
-
-
withholding
230
172
-
-
total
230
172
-
-
Income
2 100
2 100
2 100
2 100
Total tax
615
569
688
672
After tax
1 485
1 531
1 412
1 428
Living cost
362
362
362
362
Free-cash
1 123
1 169
1 050
1 066

Estimated living cost  is $362 per week

$248
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.
$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
Edinburgh , United Kingdom
$786
$976
$952
$1016
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
-
-
-
2 100
income
-
-
-
621
pensions
-
-
-
101
total
-
-
-
722
Employee
551
-
1 833
-
income
100
-
495
-
health
7
-
26
-
pensions
42
-
123
-
total
149
-
644
-
Employer
551
-
1 833
-
pensions
56
-
233
-
health
10
-
35
-
total
66
-
268
-
Corporate
1 482
2 100
-
-
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.

282
399
-
-
total
282
399
-
-
Dividends
1 201
1 701
-
-
withholding
185
347
-
-
total
185
347
-
-
Income
2 100
2 100
2 100
2 100
Total tax
682
746
912
722
After tax
1 418
1 354
1 188
1 378
Living cost
402
402
402
402
Free-cash
1 016
952
786
976

Estimated living cost  is $402 per week

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

Additional information

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

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

Rome , Italy
$433
$526
$661
$611
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
-
-
-
2 100
municipal
-
-
-
14
regional
-
-
-
48
national
-
-
-
527
social contributions
-
-
-
540
total
-
-
-
1 129
Employee
941
-
2 100
-
regional
14
-
43
-
social contributions
317
-
708
-
national
159
-
458
-
municipal
6
-
13
-
total
496
-
1 222
-
Employer
941
-
2 100
-
total
-
-
-
-
Corporate
1 159
2 100
-
-
nationa
278
504
-
-
municipal
56
101
-
-
total
334
605
-
-
Dividends
825
1 495
-
-
withholding
214
389
-
-
total
214
389
-
-
Income
2 100
2 100
2 100
2 100
Total tax
1 044
994
1 222
1 129
After tax
1 056
1 106
878
971
Living cost
445
445
445
445
Free-cash
611
661
433
526

Estimated living cost  is $445 per week

$313
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.
$95
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
$915
$1201
-$63
$134
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
-
-
-
2 100
income
-
-
-
592
health
-
-
-
23
accident
-
-
-
3
pensions
-
-
-
44
other
-
-
-
4
total
-
-
-
666
Employee
366
-
1 905
-
income
50
-
457
-
health
42
-
218
-
pensions
41
-
81
-
total
133
-
756
-
Employer
366
-
1 905
-
unemployment
9
-
47
-
pensions
60
-
117
-
accident
6
-
32
-
total
75
-
196
-
Corporate
1 659
2 100
-
-
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.

1 493
1 890
-
-
total
1 493
1 890
-
-
Dividends
166
210
-
-
withholding
32
40
-
-
total
32
40
-
-
Income
2 100
2 100
2 100
2 100
Total tax
1 733
1 930
952
666
After tax
367
170
1 148
1 434
Living cost
233
233
233
233
Free-cash
134
-63
915
1 201

Estimated living cost  is $233 per week

$171
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
$892
$665
$650
$794
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.

-
-
-
2 100
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.

-
-
-
664
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.

-
-
-
76
trade
-
-
-
227
surtax

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

-
-
-
37
total
-
-
-
1 004
Employee

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

556
-
2 100
-
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
-
664
-
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.

76
-
76
-
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
-
37
-
total
125
-
777
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 544
2 100
-
-
chamber of commerce
4
5
-
-
income
232
315
-
-
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
-
-
trade
222
301
-
-
total
471
638
-
-
Dividends
1 074
1 462
-
-
withholding
264
361
-
-
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.

15
20
-
-
total
279
381
-
-
Income
2 100
2 100
2 100
2 100
Total tax
875
1 019
777
1 004
After tax
1 225
1 081
1 323
1 096
Living cost
431
431
431
431
Free-cash
794
650
892
665

Estimated living cost  is $431 per week

$297
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.
$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.

Riga , Latvia
$660
$505
$1448
$1356
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.

-
-
-
2 100
microenterprise
-
-
-
-
income
-
-
-
400
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.

-
-
-
428
surtax
-
-
-
535
total
-
-
-
1 363
Employee
326
-
1 603
-
income
58
-
333
-
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
-
146
-
surtax
-
-
232
-
total
94
-
711
-
Employer
326
-
1 603
-
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.

79
-
321
-
surtax
-
-
176
-
total
79
-
497
-
Corporate
1 695
2 100
-
-
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%.

339
420
-
-
total
339
420
-
-
Dividends

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

1 356
1 680
-
-
total
-
-
-
-
Income
2 100
2 100
2 100
2 100
Total tax
512
420
1 208
1 363
After tax
1 588
1 680
892
737
Living cost
232
232
232
232
Free-cash
1 356
1 448
660
505

Estimated living cost  is $232 per week

$148
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.
$57
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
$1122
$1133
$1164
$1141
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
-
-
-
2 100
income
-
-
-
637
health
-
-
-
77
pensions
-
-
-
107
total
-
-
-
821
Employee
223
-
1 980
-
income
43
-
631
-
health
11
-
27
-
unemployment
2
-
5
-
pensions
20
-
48
-
total
76
-
711
-
Employer
223
-
1 980
-
unemployment
4
-
11
-
pensions
25
-
59
-
health
21
-
51
-
total
50
-
121
-
Corporate
1 827
2 100
-
-
income
402
462
-
-
total
402
462
-
-
Dividends
1 425
1 638
-
-
withholding
285
328
-
-
total
285
328
-
-
Income
2 100
2 100
2 100
2 100
Total tax
813
790
832
821
After tax
1 287
1 310
1 268
1 279
Living cost
146
146
146
146
Free-cash
1 141
1 164
1 122
1 133

Estimated living cost  is $146 per week

$87
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.
$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
Athens , Greece
$673
$741
$1070
$1034
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
-
-
-
2 100
income
-
-
-
605
health
-
-
-
106
unemployment
-
-
-
3
surtax
-
-
-
96
pensions
-
-
-
298
other
-
-
-
-
total
-
-
-
1 108
Employee
376
-
1 786
-
other
-
-
-
-
income
63
-
538
-
health
10
-
38
-
unemployment
26
-
104
-
surtax
1
-
83
-
pensions
25
-
99
-
total
125
-
862
-
Employer
376
-
1 786
-
unemployment
12
-
47
-
pensions
50
-
199
-
other
-
-
-
-
health
17
-
68
-
total
79
-
314
-
Corporate
1 645
2 100
-
-
income
428
546
-
-
total
428
546
-
-
Dividends
1 217
1 554
-
-
withholding
183
233
-
-
total
183
233
-
-
Income
2 100
2 100
2 100
2 100
Total tax
815
779
1 176
1 108
After tax
1 285
1 321
924
992
Living cost
251
251
251
251
Free-cash
1 034
1 070
673
741

Estimated living cost  is $251 per week

$151
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.
$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
Graz , Austria
$200
$724
$806
$801
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
-
-
-
2 100
income
-
-
-
602
chamber of commerce
-
-
-
8
health
-
-
-
100
unemployment
-
-
-
69
surtax
-
-
-
-
pensions
-
-
-
241
total
-
-
-
1 020
Employee
488
445
1 696
-
other
5
4
13
-
income
43
33
491
-
health
19
17
50
-
unemployment
15
13
39
-
pensions
50
46
134
-
total
132
113
727
-
Employer
488
445
1 696
-
unemployment
15
13
39
-
chamber of commerce
2
2
7
-