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
$1033
$813
$861
$1083
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
unemployment
-
-
-
7
income
-
-
-
603
other
-
-
-
1
accident
-
-
-
10
pensions
-
-
-
302
total
-
-
-
923
Employee
425
-
1 760
-
unemployment
7
-
17
-
pensions
20
-
50
-
income
82
-
563
-
other
-
-
1
-
total
109
-
631
-
Employer
425
-
1 760
-
pensions
100
-
251
-
accident
8
-
21
-
unemployment
23
-
59
-
other
3
-
9
-
total
134
-
340
-
Corporate
1 539
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.

231
315
-
-
total
231
315
-
-
Dividends
1 309
1 785
-
-
withholding
277
386
-
-
total
277
386
-
-
Income
2 100
2 100
2 100
2 100
Total tax
751
701
971
923
After tax
1 349
1 399
1 129
1 177
Living cost
316
316
316
316
Free-cash
1 033
1 083
813
861

Estimated living cost  is $316 per week

$213
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.
$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.
$67
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
$1160
$884
$883
$1237
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
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.

-
-
-
420
income
-
-
-
331
other
-
-
-
83
health
-
-
-
77
total
-
-
-
911
Employee
417
-
1 677
-
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.

29
-
117
-
income
72
-
331
-
total
111
-
488
-
Employer
417
-
1 677
-
health
6
-
23
-
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.

71
-
285
-
accident
3
-
13
-
unemployment
4
-
17
-
other
21
-
84
-
total
105
-
422
-
Corporate
1 577
2 100
-
-
income
331
441
-
-
total
331
441
-
-
Dividends
1 246
1 659
-
-
withholding
87
116
-
-
total
87
116
-
-
Income
2 100
2 100
2 100
2 100
Total tax
634
557
910
911
After tax
1 466
1 543
1 190
1 189
Living cost
306
306
306
306
Free-cash
1 160
1 237
884
883

Estimated living cost  is $306 per week

$216
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.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
$1591
$1612
$1527
$1645
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
pensions

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

-
-
-
59
unemployment
-
-
-
2
income
-
-
-
315
health
-
-
-
46
total
-
-
-
422
Employee
199
-
2 021
-
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.

18
-
35
-
income
20
-
202
-
total
49
-
259
-
Employer
199
-
2 021
-
health
14
-
28
-
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
-
78
-
Corporate
1 861
2 100
-
-
income
186
210
-
-
total
186
210
-
-
Dividends
1 675
1 890
-
-
withholding
84
94
-
-
total
84
94
-
-
Income
2 100
2 100
2 100
2 100
Total tax
358
304
337
422
After tax
1 742
1 796
1 763
1 678
Living cost
151
151
151
151
Free-cash
1 591
1 645
1 612
1 527

Estimated living cost  is $151 per week

$88
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.
$48
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
$734
$752
$790
$665
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
-
-
-
334
other
-
-
-
65
health
-
-
-
91
social contributions
-
-
-
60
pensions
-
-
-
367
surtax
-
-
-
-
total
-
-
-
917
Employee
492
-
1 623
-
pensions
56
-
114
-
income
29
-
318
-
social contributions
14
-
46
-
surtax
-
-
-
-
total
99
-
478
-
Employer
492
-
1 623
-
health
34
-
151
-
social contributions
1
-
5
-
pensions
81
-
191
-
unemployment
20
-
66
-
other
17
-
64
-
total
153
-
477
-
Corporate
1 454
2 100
-
-
income
407
588
-
-
surtax
-
-
-
-
total
407
588
-
-
Dividends
1 047
1 512
-
-
social contributions
180
260
-
-
surtax
-
-
-
-
withholding
134
194
-
-
total
314
454
-
-
Income
2 100
2 100
2 100
2 100
Total tax
973
1 042
955
917
After tax
1 127
1 058
1 145
1 183
Living cost
393
393
393
393
Free-cash
734
665
752
790

Estimated living cost  is $393 per week

$248
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.
$107
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
$488
$837
$672
$559
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
pensions
-
-
-
135
income
-
-
-
669
health
-
-
-
142
total
-
-
-
946
Employee
982
982
1 886
-
health
151
128
142
-
pensions
177
135
135
-
income

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

161
161
290
-
total
489
424
567
-
Employer
982
982
1 886
-
health
68
68
85
-
pensions
68
68
85
-
unemployment
35
35
44
-
total
171
171
214
-
Corporate
959
946
-
-
income
192
189
-
-
total
192
189
-
-
Dividends
767
757
-
-
income
163
161
-
-
withholding
115
114
-
-
total
278
275
-
-
Income
2 100
2 100
2 100
2 100
Total tax
1 130
1 059
781
946
After tax
970
1 041
1 319
1 154
Living cost
482
482
482
482
Free-cash
488
559
837
672

Estimated living cost  is $482 per week

$341
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.
$89
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
$837
$980
$733
$711
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
trade
-
-
-
247
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.

-
-
-
657
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.

-
-
-
79
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.

-
-
-
36
total
-
-
-
1 019
Employee

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

440
-
2 100
-
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.

79
-
79
-
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
-
657
-
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
-
36
-
total
92
-
772
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 660
2 100
-
-
income
249
315
-
-
trade
262
331
-
-
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
-
-
chamber of commerce
4
5
-
-
total
529
668
-
-
Dividends
1 132
1 432
-
-
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
-
-
withholding
279
354
-
-
total
294
373
-
-
Income
2 100
2 100
2 100
2 100
Total tax
915
1 041
772
1 019
After tax
1 185
1 059
1 328
1 081
Living cost
348
348
348
348
Free-cash
837
711
980
733

Estimated living cost  is $348 per week

$219
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.
$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.

Larnaca , Cyprus
$1205
$1148
$1165
$1266
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
-
-
-
429
health
-
-
-
54
social contributions
-
-
-
186
total
-
-
-
669
Employee
884
884
1 965
-
health
7
15
33
-
income
96
82
419
-
social contributions
33
73
99
-
total
136
170
551
-
Employer
884
884
1 965
-
health
7
16
36
-
social contributions
33
73
99
-
total
40
89
135
-
Corporate
1 656
1 126
-
-
income
207
141
-
-
total
207
141
-
-
Dividends
1 449
986
-
-
withholding
246
168
-
-
total
246
168
-
-
Income
2 100
2 100
2 100
2 100
Total tax
629
568
686
669
After tax
1 471
1 532
1 414
1 431
Living cost
266
266
266
266
Free-cash
1 205
1 266
1 148
1 165

Estimated living cost  is $266 per week

$160
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.
$75
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
$821
$599
$759
$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
-
-
-
250
social contributions

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

-
-
-
730
surtax
-
-
-
-
total
-
-
-
980
Employee
529
-
1 697
-
income
110
-
550
-
social contributions
58
-
187
-
surtax
-
-
-
-
total
168
-
737
-
Employer
529
-
1 697
-
social contributions
126
-
403
-
total
126
-
403
-
Corporate
1 446
2 100
-
-
income
304
441
-
-
surtax
-
-
-
-
total
304
441
-
-
Dividends
1 142
1 659
-
-
withholding
320
465
-
-
total
320
465
-
-
Income
2 100
2 100
2 100
2 100
Total tax
918
906
1 140
980
After tax
1 182
1 194
960
1 120
Living cost
361
361
361
361
Free-cash
821
833
599
759

Estimated living cost  is $361 per week

$270
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.
$64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
$1893
$1594
$1993
$1909
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
107
-
2 100
-
income
21
-
420
-
total
21
-
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%.

1 993
2 100
-
-
total
-
-
-
-
Dividends
1 993
2 100
-
-
withholding
100
105
-
-
total
100
105
-
-
Income
2 100
2 100
2 100
2 100
Total tax
121
105
420
21
After tax
1 979
1 995
1 680
2 079
Living cost
86
86
86
86
Free-cash
1 893
1 909
1 594
1 993

Estimated living cost  is $86 per week

$53
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
$1041
$658
$713
$1138
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
pensions
-
-
-
384
unemployment
-
-
-
3
income
-
-
-
485
health
-
-
-
207
total
-
-
-
1 079
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.

508
-
1 817
-
health
33
-
117
-
unemployment
1
-
3
-
pensions
79
-
282
-
income
88
-
449
-
total
201
-
851
-
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.

508
-
1 817
-
health
34
-
121
-
pensions
45
-
161
-
unemployment
-
-
1
-
total
79
-
283
-
Corporate
1 513
2 100
-
-
income
287
399
-
-
total
287
399
-
-
Dividends
1 225
1 701
-
-
withholding
184
255
-
-
total
184
255
-
-
Income
2 100
2 100
2 100
2 100
Total tax
751
654
1 134
1 079
After tax
1 349
1 446
966
1 021
Living cost
308
308
308
308
Free-cash
1 041
1 138
658
713

Estimated living cost  is $308 per week

$212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$71
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
$927
$1071
$1284
$887
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
2 100
income
-
-
-
327
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
-
-
-
399
Employee
527
-
2 047
-
social contributions
53
-
53
-
income
57
-
506
-
total
110
-
559
-
Employer
527
-
2 047
-
social contributions
53
-
53
-
total
53
-
53
-
Corporate
1 520
2 100
-
-
income
532
735
-
-
total
532
735
-
-
Dividends
988
1 365
-
-
social contributions
61
61
-
-
total
61
61
-
-
Income
2 100
2 100
2 100
2 100
Total tax
756
796
612
399
After tax
1 344
1 304
1 488
1 701
Living cost
417
417
417
417
Free-cash
927
887
1 071
1 284

Estimated living cost  is $417 per week

$275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$33
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
Vilnius , Lithuania
$1043
$1058
$1104
$1038
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
-
-
-
147
social contributions
-
-
-
290
total
-
-
-
752
Employee
390
-
2 100
-
health
27
-
147
-
income
65
-
361
-
social contributions
54
-
290
-
total
146
-
798
-
Employer
390
-
2 100
-
total
-
-
-
-
Corporate
1 710
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
1 625
1 995
-
-
social contributions
224
275
-
-
withholding
244
299
-
-
health
113
139
-
-
total
581
713
-
-
Income
2 100
2 100
2 100
2 100
Total tax
813
818
798
752
After tax
1 287
1 282
1 302
1 348
Living cost
244
244
244
244
Free-cash
1 043
1 038
1 058
1 104

Estimated living cost  is $244 per week

$163
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.
$60
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
$1010
$806
$893
$1125
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
-
-
-
216
health
-
-
-
284
social contributions
-
-
-
375
solidarity contribution
-
-
-
11
total
-
-
-
886
Employee
472
-
1 632
-
health
64
-
220
-
solidarity contribution
-
-
3
-
income
57
-
199
-
social contributions
31
-
83
-
total
152
-
505
-
Employer
472
-
1 632
-
health
42
-
147
-
social contributions
118
-
321
-
total
160
-
468
-
Corporate
1 467
2 100
-
-
income
279
399
-
-
total
279
399
-
-
Dividends
1 188
1 701
-
-
withholding
178
255
-
-
total
178
255
-
-
Income
2 100
2 100
2 100
2 100
Total tax
769
654
973
886
After tax
1 331
1 446
1 127
1 214
Living cost
321
321
321
321
Free-cash
1 010
1 125
806
893

Estimated living cost  is $321 per week

$239
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.
$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
Tbilisi , Georgia
$1837
$1547
$1946
$1862
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
167
-
2 100
-
income
33
-
420
-
total
33
-
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%.

1 933
2 100
-
-
total
-
-
-
-
Dividends
1 933
2 100
-
-
withholding
97
105
-
-
total
97
105
-
-
Income
2 100
2 100
2 100
2 100
Total tax
130
105
420
21
After tax
1 970
1 995
1 680
2 079
Living cost
133
133
133
133
Free-cash
1 837
1 862
1 547
1 946

Estimated living cost  is $133 per week

$90
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
$584
$590
$628
$503
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
-
-
-
334
other
-
-
-
65
health
-
-
-
91
social contributions
-
-
-
60
pensions
-
-
-
367
surtax
-
-
-
-
total
-
-
-
917
Employee
720
-
1 623
-
pensions
81
-
114
-
income
63
-
318
-
social contributions
21
-
46
-
surtax
-
-
-
-
total
165
-
478
-
Employer
720
-
1 623
-
health
50
-
151
-
social contributions
2
-
5
-
pensions
118
-
191
-
unemployment
29
-
66
-
other
25
-
64
-
total
224
-
477
-
Corporate
1 155
2 100
-
-
income
323
588
-
-
surtax
-
-
-
-
total
323
588
-
-
Dividends
832
1 512
-
-
social contributions
143
260
-
-
surtax
-
-
-
-
withholding
106
194
-
-
total
249
454
-
-
Income
2 100
2 100
2 100
2 100
Total tax
961
1 042
955
917
After tax
1 139
1 058
1 145
1 183
Living cost
555
555
555
555
Free-cash
584
503
590
628

Estimated living cost  is $555 per week

$376
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.
$126
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
$1264
$1104
$1105
$1319
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
pensions
-
-
-
220
unemployment
-
-
-
13
income
-
-
-
477
health
-
-
-
87
total
-
-
-
797
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.

299
-
1 948
-
health
15
-
44
-
unemployment
2
-
6
-
pensions
42
-
119
-
income
41
-
477
-
total
100
-
646
-
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.

299
-
1 948
-
health
15
-
44
-
pensions
36
-
102
-
unemployment
2
-
6
-
total
53
-
152
-
Corporate
1 748
2 100
-
-
income
262
315
-
-
total
262
315
-
-
Dividends
1 486
1 785
-
-
withholding
223
268
-
-
total
223
268
-
-
Income
2 100
2 100
2 100
2 100
Total tax
638
583
798
797
After tax
1 462
1 517
1 302
1 303
Living cost
198
198
198
198
Free-cash
1 264
1 319
1 104
1 105

Estimated living cost  is $198 per week

$133
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.
$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
Zurich , Switzerland
$503
$796
$882
$162
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
pensions
-
-
-
193
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
health
-
-
-
5
regional
-
-
-
112
national
-
-
-
46
total
-
-
-
420
Employee
934
-
1 884
-
health
2
-
4
-
unemployment
-
-
-
-
city
10
-
20
-
pensions
79
-
153
-
regional
31
-
98
-
national
4
-
36
-
total
126
-
311
-
Employer
934
-
1 884
-
health
2
-
4
-
pensions
79
-
153
-
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.

19
-
38
-
total
100
-
195
-
Corporate
1 056
2 100
-
-
regional
223
444
-
-
national
90
179
-
-
total
313
623
-
-
Dividends
743
1 477
-
-
withholding
260
517
-
-
total
260
517
-
-
Income
2 100
2 100
2 100
2 100
Total tax
799
1 140
506
420
After tax
1 301
960
1 594
1 680
Living cost
798
798
798
798
Free-cash
503
162
796
882

Estimated living cost  is $798 per week

$519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$72
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.
$198
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
$900
$655
$902
$870
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
health
-
-
-
28
national
-
-
-
356
total
-
-
-
757
Employee
605
-
1 767
-
health
5
-
22
-
unemployment
9
-
27
-
pensions
41
-
119
-
national
10
-
214
-
municipal
99
-
288
-
total
164
-
670
-
Employer
605
-
1 767
-
health
5
-
14
-
pensions
105
-
307
-
accident
1
-
2
-
unemployment
4
-
11
-
total
115
-
334
-
Corporate
1 381
2 100
-
-
income
276
420
-
-
total
276
420
-
-
Dividends

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

829
1 260
-
-
municipal
149
227
-
-
national
55
142
-
-
total
204
369
-
-
Income
2 100
2 100
2 100
2 100
Total tax
759
789
1 004
757
After tax
1 341
1 311
1 096
1 343
Living cost
441
441
441
441
Free-cash
900
870
655
902

Estimated living cost  is $441 per week

$288
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.
$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

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
$581
$317
$491
$756
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
communal

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

-
-
-
109
social contributions
-
-
-
287
national
-
-
-
794
total
-
-
-
1 190
Employee

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

822
-
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.

39
-
76
-
communal

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

43
-
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
-
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.

62
-
122
-
national
253
-
594
-
total
404
-
891
-
Employer

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

822
-
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.

51
-
100
-
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.

73
-
144
-
surtax
93
-
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.

11
-
21
-
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
-
total
240
-
473
-
Corporate
1 038
2 100
-
-
income
208
420
-
-
surtax
4
8
-
-
total
212
428
-
-
Dividends
827
1 672
-
-
withholding

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

244
497
-
-
total
244
497
-
-
Income
2 100
2 100
2 100
2 100
Total tax
1 100
925
1 364
1 190
After tax
1 000
1 175
736
910
Living cost
419
419
419
419
Free-cash
581
756
317
491

Estimated living cost  is $419 per week

$270
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.
$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.
$106
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
$639
$575
$587
$650
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
unemployment
-
-
-
1
municipal
-
-
-
532
other
-
-
-
127
health
-
-
-
68
national
-
-
-
168
accident
-
-
-
2
pensions
-
-
-
118
total
-
-
-
1 016
Employee
709
-
1 758
-
national
-
-
161
-
municipal
211
-
524
-
total
211
-
685
-
Employer
709
-
1 758
-
health
44
-
67
-
pensions
77
-
118
-
accident
1
-
2
-
unemployment
19
-
29
-
other
82
-
127
-
total
223
-
343
-
Corporate
1 169
2 100
-
-
income
257
462
-
-
total
257
462
-
-
Dividends
912
1 638
-
-
withholding
273
491
-
-
total
273
491
-
-
Income
2 100
2 100
2 100
2 100
Total tax
964
953
1 028
1 016
After tax
1 136
1 147
1 072
1 084
Living cost
497
497
497
497
Free-cash
639
650
575
587

Estimated living cost  is $497 per week

$330
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$49
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.
$111
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
$122
$1384
$903
$729
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
787
-
-
-
income
174
-
-
-
social contributions
65
-
9
-
total
239
-
9
-
Employer
787
-
-
-
social contributions
1 110
-
158
-
total
1 110
-
158
-
Corporate
202
2 100
-
-
income
45
462
-
-
total
45
462
-
-
Dividends
158
1 638
-
-
income
35
360
-
-
total
35
360
-
-
Income
2 100
2 100
2 100
2 100
Total tax
1 429
822
167
648
After tax
671
1 278
1 933
1 452
Living cost
549
549
549
549
Free-cash
122
729
1 384
903

Estimated living cost  is $549 per week

$356
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$52
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.
$134
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
$1110
$1041
$1058
$1159
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
-
-
-
429
health
-
-
-
54
social contributions
-
-
-
186
total
-
-
-
669
Employee
884
884
1 965
-
health
9
15
33
-
income
93
82
419
-
social contributions
43
73
99
-
total
145
170
551
-
Employer
884
884
1 965
-
health
10
16
36
-
social contributions
43
73
99
-
total
53
89
135
-
Corporate
1 530
1 126
-
-
income
191
141
-
-
total
191
141
-
-
Dividends
1 339
986
-
-
withholding
228
168
-
-
total
228
168
-
-
Income
2 100
2 100
2 100
2 100
Total tax
617
568
686
669
After tax
1 483
1 532
1 414
1 431
Living cost
373
373
373
373
Free-cash
1 110
1 159
1 041
1 058

Estimated living cost  is $373 per week

$255
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.
$83
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
$1014
$782
$972
$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
-
-
-
2 100
income
-
-
-
617
pensions
-
-
-
102
total
-
-
-
719
Employee
562
-
1 833
-
health
7
-
26
-
pensions
43
-
125
-
income
102
-
491
-
total
152
-
642
-
Employer
562
-
1 833
-
health
11
-
35
-
pensions
57
-
232
-
total
68
-
267
-
Corporate
1 471
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.

279
399
-
-
total
279
399
-
-
Dividends
1 191
1 701
-
-
withholding
178
343
-
-
total
178
343
-
-
Income
2 100
2 100
2 100
2 100
Total tax
677
742
909
719
After tax
1 423
1 358
1 191
1 381
Living cost
409
409
409
409
Free-cash
1 014
949
782
972

Estimated living cost  is $409 per week

$281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$38
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.
$86
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details

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
$594
$424
$517
$648
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
social contributions
-
-
-
540
national
-
-
-
523
total
-
-
-
1 125
Employee
969
-
2 100
-
social contributions
327
-
708
-
regional
15
-
43
-
national
164
-
454
-
municipal
6
-
13
-
total
512
-
1 218
-
Employer
969
-
2 100
-
total
-
-
-
-
Corporate
1 131
2 100
-
-
nationa
272
504
-
-
municipal
55
101
-
-
total
327
605
-
-
Dividends
805
1 495
-
-
withholding
209
389
-
-
total
209
389
-
-
Income
2 100
2 100
2 100
2 100
Total tax
1 048
994
1 218
1 125
After tax
1 052
1 106
882
975
Living cost
458
458
458
458
Free-cash
594
648
424
517

Estimated living cost  is $458 per week

$322
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.
$98
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
$134
$902
$1192
-$73
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
pensions
-
-
-
46
income
-
-
-
588
other
-
-
-
4
health
-
-
-
24
accident
-
-
-
3
total
-
-
-
665
Employee
383
-
1 900
-
health
44
-
218
-
pensions
43
-
84
-
income
53
-
452
-
total
140
-
754
-
Employer
383
-
1 900
-
pensions
62
-
122
-
accident
6
-
32
-
unemployment
9
-
47
-
total
77
-
201
-
Corporate
1 639
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.

1 475
1 890
-
-
total
1 475
1 890
-
-
Dividends
164
210
-
-
withholding
31
40
-
-
total
31
40
-
-
Income
2 100
2 100
2 100
2 100
Total tax
1 723
1 930
955
665
After tax
377
170
1 145
1 435
Living cost
243
243
243
243
Free-cash
134
-73
902
1 192

Estimated living cost  is $243 per week

$178
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.
$46
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

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
$787
$884
$659
$637
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
trade
-
-
-
225
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.

-
-
-
657
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.

-
-
-
79
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.

-
-
-
36
total
-
-
-
997
Employee

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

572
-
2 100
-
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.

79
-
79
-
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.

47
-
657
-
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
-
36
-
total
129
-
772
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 528
2 100
-
-
income
229
315
-
-
trade
219
301
-
-
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
-
-
chamber of commerce
4
5
-
-
total
465
638
-
-
Dividends
1 063
1 462
-
-
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
20
-
-
withholding
261
361
-
-
total
275
381
-
-
Income
2 100
2 100
2 100
2 100
Total tax
869
1 019
772
997
After tax
1 231
1 081
1 328
1 103
Living cost
444
444
444
444
Free-cash
787
637
884
659

Estimated living cost  is $444 per week

$306
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.
$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.
$83
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
$1346
$649
$493
$1441
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
income
-
-
-
393
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.

-
-
-
440
surtax
-
-
-
535
total
-
-
-
1 368
Employee
336
-
1 595
-
income
60
-
325
-
social contributions

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

37
-
151
-
surtax
-
-
231
-
total
97
-
707
-
Employer
336
-
1 595
-
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.

81
-
330
-
surtax
-
-
175
-
total
81
-
505
-
Corporate
1 683
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%.

337
420
-
-
total
337
420
-
-
Dividends

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

1 347
1 680
-
-
total
-
-
-
-
Income
2 100
2 100
2 100
2 100
Total tax
515
420
1 212
1 368
After tax
1 585
1 680
888
732
Living cost
239
239
239
239
Free-cash
1 346
1 441
649
493

Estimated living cost  is $239 per week

$153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$23
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
$1148
$1133
$1143
$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
-
-
-
641
health
-
-
-
74
pensions
-
-
-
102
total
-
-
-
817
Employee
214
-
1 985
-
health
11
-
26
-
unemployment
2
-
5
-
pensions
19
-
46
-
income
41
-
635
-
total
73
-
712
-
Employer
214
-
1 985
-
health
20
-
49
-
pensions
24
-
56
-
unemployment
4
-
10
-
total
48
-
115
-
Corporate
1 838
2 100
-
-
income
404
462
-
-
total
404
462
-
-
Dividends
1 434
1 638
-
-
withholding
287
328
-
-
total
287
328
-
-
Income
2 100
2 100
2 100
2 100
Total tax
812
790
827
817
After tax
1 288
1 310
1 273
1 283
Living cost
140
140
140
140
Free-cash
1 148
1 170
1 133
1 143

Estimated living cost  is $140 per week

$83
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.
$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.
$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
Athens , Greece
$1026
$663
$734
$1063
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
pensions
-
-
-
307
unemployment
-
-
-
3
income
-
-
-
595
other
-
-
-
-
health
-
-
-
109
surtax
-
-
-
94
total
-
-
-
1 108
Employee
387
-
1 777
-
health
10
-
39
-
unemployment
27
-
107
-
pensions
26
-
102
-
income
65
-
527
-
other
-
-
-
-
surtax
1
-
80
-
total
129
-
855
-
Employer
387
-
1 777
-
health
18
-
70
-
pensions
52
-
205
-
unemployment
12
-
49
-
other
-
-
-
-
total
82
-
324
-
Corporate
1 631
2 100
-
-
income
424
546
-
-
total
424
546
-
-
Dividends
1 207
1 554
-
-
withholding
181
233
-
-
total
181
233
-
-
Income
2 100
2 100
2 100
2 100
Total tax
816
779
1 179
1 108
After tax
1 284
1 321
921
992
Living cost
258
258
258
258
Free-cash
1 026
1 063
663
734

Estimated living cost  is $258 per week

$156
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.
$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
Graz , Austria
$790
$189
$713
$793
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
pensions
-
-
-
248
chamber of commerce
-
-
-
8
unemployment
-
-
-
71
income
-
-
-
590
health
-
-
-
103
surtax
-
-
-
-
total
-
-
-
1 020
Employee
502
458
1 688
-
health
19
18
52
-
unemployment
15
14
40
-
pensions
51
47
138
-
income
45
34
478
-
other
5
5
13
-
total
135
118
721
-
Employer
502
458
1 688
-
health
19
17
51
-
pensions
63
58
169
-