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
$ 2150
per

Your estimated
City
free-cash

Valencia , Spain
$1070
$846
$894
$1120
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
-
-
-
2 150
unemployment
-
-
-
7
income
-
-
-
630
other
-
-
-
1
accident
-
-
-
9
pensions
-
-
-
297
total
-
-
-
944
Employee
419
-
1 815
-
unemployment
6
-
16
-
pensions
20
-
49
-
income
81
-
591
-
other
-
-
1
-
total
107
-
657
-
Employer
419
-
1 815
-
pensions
99
-
248
-
accident
8
-
21
-
unemployment
23
-
58
-
other
3
-
8
-
total
133
-
335
-
Corporate
1 597
2 150
-
-
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.

240
322
-
-
total
240
322
-
-
Dividends
1 357
1 828
-
-
withholding
288
396
-
-
total
288
396
-
-
Income
2 150
2 150
2 150
2 150
Total tax
768
718
992
944
After tax
1 382
1 432
1 158
1 206
Living cost
312
312
312
312
Free-cash
1 070
1 120
846
894

Estimated living cost  is $312 per week

$211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$30
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$66
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
$1201
$913
$929
$1277
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
-
-
-
2 150
pensions

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

-
-
-
414
income
-
-
-
347
other
-
-
-
82
health
-
-
-
76
total
-
-
-
919
Employee
412
-
1 717
-
health
6
-
24
-
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
-
120
-
income
71
-
341
-
total
110
-
502
-
Employer
412
-
1 717
-
health
6
-
24
-
pensions

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

70
-
292
-
accident
3
-
14
-
unemployment
4
-
17
-
other
21
-
86
-
total
104
-
433
-
Corporate
1 634
2 150
-
-
income
343
452
-
-
total
343
452
-
-
Dividends
1 291
1 698
-
-
withholding
90
119
-
-
total
90
119
-
-
Income
2 150
2 150
2 150
2 150
Total tax
647
571
935
919
After tax
1 503
1 579
1 215
1 231
Living cost
302
302
302
302
Free-cash
1 201
1 277
913
929

Estimated living cost  is $302 per week

$214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$63
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
$1637
$1660
$1572
$1689
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
-
-
-
2 150
pensions

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

-
-
-
59
unemployment
-
-
-
2
income
-
-
-
322
health
-
-
-
46
total
-
-
-
429
Employee
197
-
2 072
-
health
9
-
18
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
pensions

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

17
-
35
-
income
20
-
207
-
total
48
-
264
-
Employer
197
-
2 072
-
health
14
-
27
-
pensions

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

22
-
44
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
unemployment
1
-
2
-
total
39
-
77
-
Corporate
1 915
2 150
-
-
income
191
215
-
-
total
191
215
-
-
Dividends
1 723
1 935
-
-
withholding
86
97
-
-
total
86
97
-
-
Income
2 150
2 150
2 150
2 150
Total tax
364
312
341
429
After tax
1 786
1 838
1 809
1 721
Living cost
149
149
149
149
Free-cash
1 637
1 689
1 660
1 572

Estimated living cost  is $149 per week

$87
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$11
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$47
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
$762
$776
$821
$696
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 150
income
-
-
-
348
other
-
-
-
67
health
-
-
-
96
social contributions
-
-
-
61
pensions
-
-
-
369
surtax
-
-
-
-
total
-
-
-
941
Employee
485
-
1 657
-
pensions
55
-
118
-
income
29
-
328
-
social contributions
14
-
47
-
surtax
-
-
-
-
total
98
-
493
-
Employer
485
-
1 657
-
health
34
-
157
-
social contributions
1
-
5
-
pensions
80
-
198
-
unemployment
20
-
67
-
other
17
-
66
-
total
152
-
493
-
Corporate
1 513
2 150
-
-
income
424
602
-
-
surtax
-
-
-
-
total
424
602
-
-
Dividends
1 089
1 548
-
-
social contributions
187
266
-
-
surtax
-
-
-
-
withholding
139
198
-
-
total
326
464
-
-
Income
2 150
2 150
2 150
2 150
Total tax
1 000
1 066
986
941
After tax
1 150
1 084
1 164
1 209
Living cost
388
388
388
388
Free-cash
762
696
776
821

Estimated living cost  is $388 per week

$245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$32
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
$522
$884
$701
$593
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
-
-
-
2 150
pensions
-
-
-
133
income
-
-
-
701
health
-
-
-
140
total
-
-
-
974
Employee
969
969
1 939
-
health
149
126
140
-
pensions
174
133
133
-
income

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

159
159
307
-
total
482
418
580
-
Employer
969
969
1 939
-
health
67
67
84
-
pensions
67
67
84
-
unemployment
35
35
43
-
total
169
169
211
-
Corporate
1 024
1 012
-
-
income
205
202
-
-
total
205
202
-
-
Dividends
819
809
-
-
income
174
172
-
-
withholding
123
121
-
-
total
297
293
-
-
Income
2 150
2 150
2 150
2 150
Total tax
1 153
1 082
791
974
After tax
997
1 068
1 359
1 176
Living cost
475
475
475
475
Free-cash
522
593
884
701

Estimated living cost  is $475 per week

$337
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$43
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$88
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
$867
$1011
$755
$740
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.

-
-
-
2 150
trade
-
-
-
256
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.

-
-
-
681
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
77
surtax

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

-
-
-
37
total
-
-
-
1 051
Employee

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

434
-
2 150
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

77
-
77
-
income

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

12
-
681
-
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
90
-
795
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 716
2 150
-
-
income
257
322
-
-
trade
270
339
-
-
surtax

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

14
18
-
-
chamber of commerce
4
5
-
-
total
545
684
-
-
Dividends
1 170
1 466
-
-
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.

16
20
-
-
withholding
288
362
-
-
total
304
382
-
-
Income
2 150
2 150
2 150
2 150
Total tax
939
1 066
795
1 051
After tax
1 211
1 084
1 355
1 099
Living cost
344
344
344
344
Free-cash
867
740
1 011
755

Estimated living cost  is $344 per week

$216
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$40
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$81
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
$1243
$1180
$1198
$1305
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
-
-
-
2 150
income
-
-
-
450
health
-
-
-
55
social contributions
-
-
-
184
total
-
-
-
689
Employee
872
872
2 015
-
health
7
15
34
-
income
95
81
440
-
social contributions
33
72
98
-
total
135
168
572
-
Employer
872
872
2 015
-
health
7
16
37
-
social contributions
33
72
98
-
total
40
88
135
-
Corporate
1 712
1 189
-
-
income
214
149
-
-
total
214
149
-
-
Dividends
1 498
1 041
-
-
withholding
255
177
-
-
total
255
177
-
-
Income
2 150
2 150
2 150
2 150
Total tax
644
582
707
689
After tax
1 506
1 568
1 443
1 461
Living cost
263
263
263
263
Free-cash
1 243
1 305
1 180
1 198

Estimated living cost  is $263 per week

$157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$26
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$74
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
$856
$622
$786
$866
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.

-
-
-
2 150
income
-
-
-
261
social contributions

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

-
-
-
747
surtax
-
-
-
-
total
-
-
-
1 008
Employee
522
-
1 737
-
income
108
-
568
-
social contributions
57
-
191
-
surtax
-
-
-
-
total
165
-
759
-
Employer
522
-
1 737
-
social contributions
124
-
413
-
total
124
-
413
-
Corporate
1 504
2 150
-
-
income
316
452
-
-
surtax
-
-
-
-
total
316
452
-
-
Dividends
1 189
1 698
-
-
withholding
333
476
-
-
total
333
476
-
-
Income
2 150
2 150
2 150
2 150
Total tax
938
928
1 172
1 008
After tax
1 212
1 222
978
1 142
Living cost
356
356
356
356
Free-cash
856
866
622
786

Estimated living cost  is $356 per week

$266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$21
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$63
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
$1944
$1637
$2045
$1959
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%.

-
-
-
2 150
microenterprise

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

-
-
-
22
total
-
-
-
22
Employee
103
-
2 150
-
income
21
-
430
-
total
21
-
430
-
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%.

2 047
2 150
-
-
total
-
-
-
-
Dividends
2 047
2 150
-
-
withholding
102
108
-
-
total
102
108
-
-
Income
2 150
2 150
2 150
2 150
Total tax
123
108
430
22
After tax
2 027
2 042
1 720
2 128
Living cost
83
83
83
83
Free-cash
1 944
1 959
1 637
2 045

Estimated living cost  is $83 per week

$51
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$7
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$2
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$22
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Ljubljana , Slovenia
$1083
$681
$736
$1176
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.

-
-
-
2 150
pensions
-
-
-
393
unemployment
-
-
-
3
income
-
-
-
502
health
-
-
-
212
total
-
-
-
1 110
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.

502
-
1 860
-
health
32
-
120
-
unemployment
1
-
3
-
pensions
78
-
288
-
income
86
-
464
-
total
197
-
875
-
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.

502
-
1 860
-
health
33
-
124
-
pensions
44
-
165
-
unemployment
-
-
1
-
total
77
-
290
-
Corporate
1 570
2 150
-
-
income
298
409
-
-
total
298
409
-
-
Dividends
1 272
1 741
-
-
withholding
191
261
-
-
total
191
261
-
-
Income
2 150
2 150
2 150
2 150
Total tax
763
670
1 165
1 110
After tax
1 387
1 480
985
1 040
Living cost
304
304
304
304
Free-cash
1 083
1 176
681
736

Estimated living cost  is $304 per week

$209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$19
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$70
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
$966
$1108
$1343
$925
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.

-
-
-
2 150
income
-
-
-
323
health

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

-
-
-
72
total
-
-
-
395
Employee
520
-
2 098
-
social contributions
52
-
52
-
income
56
-
526
-
total
108
-
578
-
Employer
520
-
2 098
-
social contributions
52
-
52
-
total
52
-
52
-
Corporate
1 578
2 150
-
-
income
552
753
-
-
total
552
753
-
-
Dividends
1 025
1 397
-
-
social contributions
60
60
-
-
total
60
60
-
-
Income
2 150
2 150
2 150
2 150
Total tax
772
813
630
395
After tax
1 378
1 337
1 520
1 755
Living cost
412
412
412
412
Free-cash
966
925
1 108
1 343

Estimated living cost  is $412 per week

$271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$32
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
$1077
$1091
$1140
$1070
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
-
-
-
2 150
income
-
-
-
322
health
-
-
-
150
social contributions
-
-
-
297
total
-
-
-
769
Employee
385
-
2 150
-
health
27
-
150
-
income
64
-
371
-
social contributions
53
-
297
-
total
144
-
818
-
Employer
385
-
2 150
-
total
-
-
-
-
Corporate
1 765
2 150
-
-
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%.

88
108
-
-
total
88
108
-
-
Dividends
1 677
2 042
-
-
social contributions
231
282
-
-
withholding
252
306
-
-
health
117
143
-
-
total
600
731
-
-
Income
2 150
2 150
2 150
2 150
Total tax
832
839
818
769
After tax
1 318
1 311
1 332
1 381
Living cost
240
240
240
240
Free-cash
1 077
1 070
1 091
1 140

Estimated living cost  is $240 per week

$161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$59
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
$1050
$840
$933
$1162
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
-
-
-
2 150
income
-
-
-
223
health
-
-
-
290
social contributions
-
-
-
371
solidarity contribution
-
-
-
15
total
-
-
-
899
Employee
468
-
1 681
-
health
63
-
227
-
solidarity contribution
-
-
7
-
income
56
-
206
-
social contributions
30
-
83
-
total
149
-
523
-
Employer
468
-
1 681
-
health
42
-
151
-
social contributions
117
-
318
-
total
159
-
469
-
Corporate
1 523
2 150
-
-
income
289
409
-
-
total
289
409
-
-
Dividends
1 234
1 741
-
-
withholding
185
261
-
-
total
185
261
-
-
Income
2 150
2 150
2 150
2 150
Total tax
782
670
992
899
After tax
1 368
1 480
1 158
1 251
Living cost
318
318
318
318
Free-cash
1 050
1 162
840
933

Estimated living cost  is $318 per week

$237
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.
$58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
$1890
$1591
$1999
$1913
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%.

-
-
-
2 150
microenterprise

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

-
-
-
22
total
-
-
-
22
Employee
161
-
2 150
-
income
32
-
430
-
total
32
-
430
-
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%.

1 989
2 150
-
-
total
-
-
-
-
Dividends
1 989
2 150
-
-
withholding
99
108
-
-
total
99
108
-
-
Income
2 150
2 150
2 150
2 150
Total tax
131
108
430
22
After tax
2 019
2 042
1 720
2 128
Living cost
129
129
129
129
Free-cash
1 890
1 913
1 591
1 999

Estimated living cost  is $129 per week

$87
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$5
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$32
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Paris , France
$613
$616
$661
$536
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
-
-
-
2 150
income
-
-
-
348
other
-
-
-
67
health
-
-
-
96
social contributions
-
-
-
61
pensions
-
-
-
369
surtax
-
-
-
-
total
-
-
-
941
Employee
710
-
1 657
-
pensions
80
-
118
-
income
62
-
328
-
social contributions
20
-
47
-
surtax
-
-
-
-
total
162
-
493
-
Employer
710
-
1 657
-
health
50
-
157
-
social contributions
2
-
5
-
pensions
117
-
198
-
unemployment
29
-
67
-
other
25
-
66
-
total
223
-
493
-
Corporate
1 218
2 150
-
-
income
341
602
-
-
surtax
-
-
-
-
total
341
602
-
-
Dividends
877
1 548
-
-
social contributions
151
266
-
-
surtax
-
-
-
-
withholding
112
198
-
-
total
263
464
-
-
Income
2 150
2 150
2 150
2 150
Total tax
989
1 066
986
941
After tax
1 161
1 084
1 164
1 209
Living cost
548
548
548
548
Free-cash
613
536
616
661

Estimated living cost  is $548 per week

$371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$45
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
$1304
$1150
$1149
$1359
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.

-
-
-
2 150
pensions
-
-
-
217
unemployment
-
-
-
13
income
-
-
-
490
health
-
-
-
86
total
-
-
-
806
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.

295
-
2 000
-
health
15
-
43
-
unemployment
2
-
6
-
pensions
41
-
117
-
income
41
-
490
-
total
99
-
656
-
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.

295
-
2 000
-
health
15
-
43
-
pensions
35
-
100
-
unemployment
2
-
6
-
total
52
-
149
-
Corporate
1 802
2 150
-
-
income
270
322
-
-
total
270
322
-
-
Dividends
1 532
1 828
-
-
withholding
230
274
-
-
total
230
274
-
-
Income
2 150
2 150
2 150
2 150
Total tax
651
596
805
806
After tax
1 499
1 554
1 345
1 344
Living cost
195
195
195
195
Free-cash
1 304
1 359
1 150
1 149

Estimated living cost  is $195 per week

$132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$43
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
$537
$850
$934
$204
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
-
-
-
2 150
pensions
-
-
-
198
city
-
-
-
23
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.

-
-
-
43
health
-
-
-
5
regional
-
-
-
117
national
-
-
-
51
total
-
-
-
437
Employee
912
-
1 932
-
health
2
-
4
-
unemployment
-
-
-
-
city
10
-
21
-
pensions
77
-
154
-
regional
30
-
104
-
national
4
-
41
-
total
123
-
324
-
Employer
912
-
1 932
-
health
2
-
4
-
pensions
77
-
154
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

18
-
39
-
total
97
-
197
-
Corporate
1 132
2 150
-
-
regional
239
455
-
-
national
96
183
-
-
total
335
638
-
-
Dividends
796
1 513
-
-
withholding
279
529
-
-
total
279
529
-
-
Income
2 150
2 150
2 150
2 150
Total tax
834
1 167
521
437
After tax
1 316
983
1 629
1 713
Living cost
779
779
779
779
Free-cash
537
204
850
934

Estimated living cost  is $779 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
$934
$682
$930
$903
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

-
-
-
2 150
municipal
-
-
-
382
health
-
-
-
28
national
-
-
-
375
total
-
-
-
785
Employee
597
-
1 809
-
health
4
-
23
-
unemployment
9
-
27
-
pensions
40
-
122
-
national
10
-
224
-
municipal
98
-
295
-
total
161
-
691
-
Employer
597
-
1 809
-
health
5
-
14
-
pensions
104
-
314
-
accident
1
-
2
-
unemployment
4
-
12
-
total
114
-
342
-
Corporate
1 441
2 150
-
-
income
288
430
-
-
total
288
430
-
-
Dividends

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

864
1 290
-
-
municipal
156
232
-
-
national
62
150
-
-
total
218
382
-
-
Income
2 150
2 150
2 150
2 150
Total tax
781
812
1 033
785
After tax
1 369
1 338
1 117
1 365
Living cost
435
435
435
435
Free-cash
934
903
682
930

Estimated living cost  is $435 per week

$284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$42
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Brussels , Belgium
$618
$335
$519
$788
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
-
-
-
2 150
communal

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

-
-
-
112
social contributions
-
-
-
283
national
-
-
-
822
total
-
-
-
1 217
Employee

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

811
-
1 665
-
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
-
78
-
communal

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

42
-
87
-
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.

61
-
125
-
national
249
-
612
-
total
397
-
916
-
Employer

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

811
-
1 665
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

50
-
102
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

72
-
148
-
surtax
92
-
189
-
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
-
22
-
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
237
-
485
-
Corporate
1 103
2 150
-
-
income
221
430
-
-
surtax
4
9
-
-
total
225
439
-
-
Dividends
878
1 711
-
-
withholding

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

259
509
-
-
total
259
509
-
-
Income
2 150
2 150
2 150
2 150
Total tax
1 118
948
1 401
1 217
After tax
1 032
1 202
749
933
Living cost
414
414
414
414
Free-cash
618
788
335
519

Estimated living cost  is $414 per week

$266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$36
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
$675
$603
$615
$685
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
-
-
-
2 150
unemployment
-
-
-
1
municipal
-
-
-
549
other
-
-
-
125
health
-
-
-
67
national
-
-
-
186
accident
-
-
-
2
pensions
-
-
-
116
total
-
-
-
1 046
Employee
697
-
1 813
-
national
-
-
180
-
municipal
208
-
541
-
total
208
-
721
-
Employer
697
-
1 813
-
health
43
-
66
-
pensions
75
-
116
-
accident
1
-
2
-
unemployment
18
-
28
-
other
81
-
125
-
total
218
-
337
-
Corporate
1 234
2 150
-
-
income
271
473
-
-
total
271
473
-
-
Dividends
963
1 677
-
-
withholding
289
503
-
-
total
289
503
-
-
Income
2 150
2 150
2 150
2 150
Total tax
986
976
1 058
1 046
After tax
1 164
1 174
1 092
1 104
Living cost
489
489
489
489
Free-cash
675
685
603
615

Estimated living cost  is $489 per week

$324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$48
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$110
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
$173
$1446
$946
$768
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
-
-
-
2 150
income
-
-
-
419
social contributions
-
-
-
245
total
-
-
-
664
Employee
774
-
-
-
income
171
-
-
-
social contributions
63
-
9
-
total
234
-
9
-
Employer
774
-
-
-
social contributions
1 091
-
155
-
total
1 091
-
155
-
Corporate
285
2 150
-
-
income
63
473
-
-
total
63
473
-
-
Dividends
223
1 677
-
-
income
49
369
-
-
total
49
369
-
-
Income
2 150
2 150
2 150
2 150
Total tax
1 437
842
164
664
After tax
713
1 308
1 986
1 486
Living cost
540
540
540
540
Free-cash
173
768
1 446
946

Estimated living cost  is $540 per week

$350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$51
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
$1154
$1075
$1093
$1200
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
-
-
-
2 150
income
-
-
-
450
health
-
-
-
55
social contributions
-
-
-
184
total
-
-
-
689
Employee
872
872
2 015
-
health
9
15
34
-
income
92
81
440
-
social contributions
42
72
98
-
total
143
168
572
-
Employer
872
872
2 015
-
health
9
16
37
-
social contributions
42
72
98
-
total
51
88
135
-
Corporate
1 588
1 189
-
-
income
198
149
-
-
total
198
149
-
-
Dividends
1 389
1 041
-
-
withholding
236
177
-
-
total
236
177
-
-
Income
2 150
2 150
2 150
2 150
Total tax
628
582
707
689
After tax
1 522
1 568
1 443
1 461
Living cost
368
368
368
368
Free-cash
1 154
1 200
1 075
1 093

Estimated living cost  is $368 per week

$251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$29
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$81
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
$1041
$809
$1002
$976
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
-
-
-
2 150
income
-
-
-
638
pensions
-
-
-
103
total
-
-
-
741
Employee
559
-
1 876
-
health
7
-
26
-
pensions
43
-
125
-
income
102
-
509
-
total
152
-
660
-
Employer
559
-
1 876
-
health
11
-
36
-
pensions
56
-
238
-
total
67
-
274
-
Corporate
1 524
2 150
-
-
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.

290
409
-
-
total
290
409
-
-
Dividends
1 234
1 741
-
-
withholding
193
358
-
-
total
193
358
-
-
Income
2 150
2 150
2 150
2 150
Total tax
702
767
934
741
After tax
1 448
1 383
1 216
1 409
Living cost
407
407
407
407
Free-cash
1 041
976
809
1 002

Estimated living cost  is $407 per week

$279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$37
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$85
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

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

Rome , Italy
$628
$446
$542
$680
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
-
-
-
2 150
municipal
-
-
-
14
regional
-
-
-
49
social contributions
-
-
-
553
national
-
-
-
540
total
-
-
-
1 156
Employee
956
-
2 150
-
social contributions
322
-
725
-
regional
14
-
44
-
national
162
-
470
-
municipal
6
-
13
-
total
504
-
1 252
-
Employer
956
-
2 150
-
total
-
-
-
-
Corporate
1 194
2 150
-
-
nationa
287
516
-
-
municipal
58
104
-
-
total
345
620
-
-
Dividends
850
1 530
-
-
withholding
221
398
-
-
total
221
398
-
-
Income
2 150
2 150
2 150
2 150
Total tax
1 070
1 018
1 252
1 156
After tax
1 080
1 132
898
994
Living cost
452
452
452
452
Free-cash
628
680
446
542

Estimated living cost  is $452 per week

$317
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$31
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$97
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
$137
$928
$1225
-$71
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
-
-
-
2 150
pensions
-
-
-
46
income
-
-
-
603
other
-
-
-
4
health
-
-
-
24
accident
-
-
-
3
total
-
-
-
680
Employee
385
-
1 947
-
health
44
-
223
-
pensions
43
-
85
-
income
53
-
465
-
total
140
-
773
-
Employer
385
-
1 947
-
pensions
63
-
123
-
accident
6
-
33
-
unemployment
9
-
48
-
total
78
-
204
-
Corporate
1 686
2 150
-
-
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.

1 518
1 935
-
-
total
1 518
1 935
-
-
Dividends
169
215
-
-
withholding
32
41
-
-
total
32
41
-
-
Income
2 150
2 150
2 150
2 150
Total tax
1 768
1 976
977
680
After tax
382
174
1 173
1 470
Living cost
245
245
245
245
Free-cash
137
-71
928
1 225

Estimated living cost  is $245 per week

$179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$14
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$47
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Berlin , Germany
$817
$917
$684
$668
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.

-
-
-
2 150
trade
-
-
-
233
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.

-
-
-
681
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
77
surtax

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

-
-
-
37
total
-
-
-
1 028
Employee

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

564
-
2 150
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

77
-
77
-
income

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

46
-
681
-
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
126
-
795
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 586
2 150
-
-
income
238
322
-
-
trade
228
309
-
-
surtax

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

13
18
-
-
chamber of commerce
4
5
-
-
total
483
654
-
-
Dividends
1 103
1 496
-
-
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
-
-
withholding
271
370
-
-
total
286
390
-
-
Income
2 150
2 150
2 150
2 150
Total tax
895
1 044
795
1 028
After tax
1 255
1 106
1 355
1 122
Living cost
438
438
438
438
Free-cash
817
668
917
684

Estimated living cost  is $438 per week

$302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$47
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$82
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
$1391
$677
$519
$1484
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.

-
-
-
2 150
income
-
-
-
412
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.

-
-
-
435
surtax
-
-
-
548
total
-
-
-
1 395
Employee
331
-
1 644
-
income
59
-
343
-
social contributions

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

36
-
149
-
surtax
-
-
238
-
total
95
-
730
-
Employer
331
-
1 644
-
social contributions

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

80
-
326
-
surtax
-
-
181
-
total
80
-
507
-
Corporate
1 739
2 150
-
-
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%.

348
430
-
-
total
348
430
-
-
Dividends

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

1 391
1 720
-
-
total
-
-
-
-
Income
2 150
2 150
2 150
2 150
Total tax
523
430
1 237
1 395
After tax
1 627
1 720
913
755
Living cost
236
236
236
236
Free-cash
1 391
1 484
677
519

Estimated living cost  is $236 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.
$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
$1175
$1161
$1171
$1199
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
-
-
-
2 150
income
-
-
-
656
health
-
-
-
76
pensions
-
-
-
104
total
-
-
-
836
Employee
218
-
2 032
-
health
11
-
26
-
unemployment
2
-
5
-
pensions
20
-
47
-
income
42
-
651
-
total
75
-
729
-
Employer
218
-
2 032
-
health
21
-
50
-
pensions
24
-
57
-
unemployment
4
-
10
-
total
49
-
117
-
Corporate
1 883
2 150
-
-
income
414
473
-
-
total
414
473
-
-
Dividends
1 469
1 677
-
-
withholding
294
335
-
-
total
294
335
-
-
Income
2 150
2 150
2 150
2 150
Total tax
832
808
846
836
After tax
1 318
1 342
1 304
1 314
Living cost
143
143
143
143
Free-cash
1 175
1 199
1 161
1 171

Estimated living cost  is $143 per week

$85
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$43
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
$1062
$690
$761
$1097
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
-
-
-
2 150
pensions
-
-
-
303
unemployment
-
-
-
3
income
-
-
-
622
other
-
-
-
-
health
-
-
-
107
surtax
-
-
-
99
total
-
-
-
1 134
Employee
382
-
1 831
-
health
10
-
39
-
unemployment
27
-
105
-
pensions
25
-
101
-
income
64
-
555
-
other
-
-
-
-
surtax
1
-
86
-
total
127
-
886
-
Employer
382
-
1 831
-
health
17
-
69
-
pensions
51
-
202
-
unemployment
12
-
48
-
other
-
-
-
-
total
80
-
319
-
Corporate
1 688
2 150
-
-
income
439
559
-
-
total
439
559
-
-
Dividends
1 249
1 591
-
-
withholding
187
239
-
-
total
187
239
-
-
Income
2 150
2 150
2 150
2 150
Total tax
833
798
1 205
1 134
After tax
1 317
1 352
945
1 016
Living cost
255
255
255
255
Free-cash
1 062
1 097
690
761

Estimated living cost  is $255 per week

$154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$22
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$73
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
$821
$207
$744
$827
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
-
-
-
2 150
pensions
-
-
-
245
chamber of commerce
-
-
-
9
unemployment
-
-
-
70
income
-
-
-
619
health
-
-
-
101
surtax
-
-
-
-
total
-
-
-
1 044
Employee
496
452
1 739
-
health
19
17
51
-
unemployment
15
14
40
-
pensions
51
46
136
-
income
44
33
506
-
other
5
5
13
-
total
134
115
746
-
Employer
496
452
1 739
-
health
19
17
50
-
pensions
62
57
166
-