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
$ 2200
per

Your estimated
City
free-cash

Valencia , Spain
$880
$927
$1158
$1110
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
-
-
-
2 200
income
-
-
-
660
accident
-
-
-
9
unemployment
-
-
-
7
pensions
-
-
-
291
other
-
-
-
1
total
-
-
-
968
Employee
410
-
1 872
-
other
-
-
1
-
income
79
-
622
-
unemployment
6
-
16
-
pensions
19
-
48
-
total
104
-
687
-
Employer
410
-
1 872
-
unemployment
23
-
57
-
pensions
97
-
243
-
other
3
-
8
-
accident
8
-
20
-
total
131
-
328
-
Corporate
1 659
2 200
-
-
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.

249
330
-
-
total
249
330
-
-
Dividends
1 410
1 870
-
-
withholding
301
407
-
-
total
301
407
-
-
Income
2 200
2 200
2 200
2 200
Total tax
785
737
1 015
968
After tax
1 415
1 463
1 185
1 232
Living cost
305
305
305
305
Free-cash
1 110
1 158
880
927

Estimated living cost  is $305 per week

$206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$29
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
$962
$982
$1320
$1246
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
-
-
-
2 200
income
-
-
-
363
health
-
-
-
74
pensions

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

-
-
-
405
other
-
-
-
80
total
-
-
-
922
Employee
403
-
1 774
-
income
69
-
357
-
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.

28
-
118
-
total
107
-
516
-
Employer
403
-
1 774
-
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.

68
-
287
-
other
20
-
84
-
accident
3
-
14
-
health
6
-
24
-
total
101
-
426
-
Corporate
1 696
2 200
-
-
income
356
462
-
-
total
356
462
-
-
Dividends
1 340
1 738
-
-
withholding
94
122
-
-
total
94
122
-
-
Income
2 200
2 200
2 200
2 200
Total tax
658
584
942
922
After tax
1 542
1 616
1 258
1 278
Living cost
296
296
296
296
Free-cash
1 246
1 320
962
982

Estimated living cost  is $296 per week

$209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$62
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
$1711
$1621
$1736
$1685
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
-
-
-
2 200
income
-
-
-
330
health
-
-
-
45
unemployment
-
-
-
2
pensions

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

-
-
-
57
total
-
-
-
434
Employee
193
-
2 124
-
income
19
-
212
-
health
9
-
18
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
pensions

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

17
-
34
-
total
47
-
268
-
Employer
193
-
2 124
-
unemployment
1
-
2
-
pensions

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

21
-
43
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
health
13
-
27
-
total
37
-
76
-
Corporate
1 970
2 200
-
-
income
197
220
-
-
total
197
220
-
-
Dividends
1 773
1 980
-
-
withholding
89
99
-
-
total
89
99
-
-
Income
2 200
2 200
2 200
2 200
Total tax
370
319
344
434
After tax
1 830
1 881
1 856
1 766
Living cost
145
145
145
145
Free-cash
1 685
1 736
1 711
1 621

Estimated living cost  is $145 per week

$85
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$10
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$46
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
$803
$849
$729
$795
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
-
-
-
2 200
income
-
-
-
370
social contributions
-
-
-
63
health
-
-
-
101
surtax
-
-
-
-
pensions
-
-
-
369
other
-
-
-
68
total
-
-
-
971
Employee
475
-
1 691
-
income
28
-
339
-
social contributions
14
-
48
-
surtax
-
-
-
-
pensions
54
-
122
-
total
96
-
509
-
Employer
475
-
1 691
-
unemployment
19
-
68
-
social contributions
1
-
5
-
pensions
78
-
205
-
other
16
-
68
-
health
33
-
162
-
total
147
-
508
-
Corporate
1 577
2 200
-
-
income
442
616
-
-
surtax
-
-
-
-
total
442
616
-
-
Dividends
1 135
1 584
-
-
withholding
145
203
-
-
surtax
-
-
-
-
social contributions
195
272
-
-
total
340
475
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 025
1 091
1 017
971
After tax
1 175
1 109
1 183
1 229
Living cost
380
380
380
380
Free-cash
795
729
803
849

Estimated living cost  is $380 per week

$239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$31
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$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
Rotterdam , Netherlands
$936
$732
$628
$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
-
-
-
2 200
income
-
-
-
736
health
-
-
-
137
pensions
-
-
-
130
total
-
-
-
1 003
Employee
947
947
1 994
-
income

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

155
155
326
-
health
145
124
137
-
pensions
171
130
130
-
total
471
409
593
-
Employer
947
947
1 994
-
unemployment
34
34
42
-
pensions
66
66
82
-
health
66
66
82
-
total
166
166
206
-
Corporate
1 098
1 087
-
-
income
220
217
-
-
total
220
217
-
-
Dividends
879
869
-
-
withholding
132
130
-
-
income
187
185
-
-
total
319
315
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 176
1 107
799
1 003
After tax
1 024
1 093
1 401
1 197
Living cost
465
465
465
465
Free-cash
559
628
936
732

Estimated living cost  is $465 per week

$329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$42
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$86
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
$1042
$777
$774
$896
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.

-
-
-
2 200
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.

-
-
-
707
health

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

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

-
-
-
76
trade
-
-
-
265
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.

-
-
-
39
total
-
-
-
1 087
Employee

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

424
-
2 200
-
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
-
707
-
health

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

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

76
-
76
-
surtax

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

1
-
39
-
total
89
-
822
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 776
2 200
-
-
chamber of commerce
4
5
-
-
income
266
330
-
-
surtax

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

15
18
-
-
trade
280
346
-
-
total
565
699
-
-
Dividends
1 211
1 501
-
-
withholding
298
371
-
-
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
-
-
total
314
391
-
-
Income
2 200
2 200
2 200
2 200
Total tax
968
1 090
822
1 087
After tax
1 232
1 110
1 378
1 113
Living cost
336
336
336
336
Free-cash
896
774
1 042
777

Estimated living cost  is $336 per week

$211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$39
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$79
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
$1217
$1235
$1346
$1286
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
-
-
-
2 200
income
-
-
-
473
social contributions
-
-
-
179
health
-
-
-
56
total
-
-
-
708
Employee
853
853
2 066
-
income
93
79
463
-
social contributions
32
71
95
-
health
7
15
35
-
total
132
165
593
-
Employer
853
853
2 066
-
social contributions
32
71
95
-
health
7
16
38
-
total
39
87
133
-
Corporate
1 772
1 260
-
-
income
222
158
-
-
total
222
158
-
-
Dividends
1 550
1 103
-
-
withholding
264
187
-
-
total
264
187
-
-
Income
2 200
2 200
2 200
2 200
Total tax
657
597
726
708
After tax
1 543
1 603
1 474
1 492
Living cost
257
257
257
257
Free-cash
1 286
1 346
1 217
1 235

Estimated living cost  is $257 per week

$154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$72
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
$647
$815
$903
$893
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.

-
-
-
2 200
income
-
-
-
273
social contributions

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

-
-
-
764
surtax
-
-
-
-
total
-
-
-
1 037
Employee
510
-
1 778
-
income
106
-
587
-
social contributions
56
-
196
-
surtax
-
-
-
-
total
162
-
783
-
Employer
510
-
1 778
-
social contributions
121
-
422
-
total
121
-
422
-
Corporate
1 569
2 200
-
-
income
329
462
-
-
surtax
-
-
-
-
total
329
462
-
-
Dividends
1 239
1 738
-
-
withholding
347
487
-
-
total
347
487
-
-
Income
2 200
2 200
2 200
2 200
Total tax
959
949
1 205
1 037
After tax
1 241
1 251
995
1 163
Living cost
348
348
348
348
Free-cash
893
903
647
815

Estimated living cost  is $348 per week

$260
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.
$61
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
$1680
$2098
$2010
$1995
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%.

-
-
-
2 200
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
100
-
2 200
-
income
20
-
440
-
total
20
-
440
-
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%.

2 100
2 200
-
-
total
-
-
-
-
Dividends
2 100
2 200
-
-
withholding
105
110
-
-
total
105
110
-
-
Income
2 200
2 200
2 200
2 200
Total tax
125
110
440
22
After tax
2 075
2 090
1 760
2 178
Living cost
80
80
80
80
Free-cash
1 995
2 010
1 680
2 098

Estimated living cost  is $80 per week

$49
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$7
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$2
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$21
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Ljubljana , Slovenia
$706
$755
$1217
$1124
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.

-
-
-
2 200
income
-
-
-
526
health
-
-
-
216
unemployment
-
-
-
3
pensions
-
-
-
402
total
-
-
-
1 147
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.

491
-
1 904
-
income
85
-
479
-
health
32
-
123
-
unemployment
1
-
3
-
pensions
76
-
295
-
total
194
-
900
-
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.

491
-
1 904
-
unemployment
-
-
1
-
pensions
43
-
168
-
health
33
-
127
-
total
76
-
296
-
Corporate
1 633
2 200
-
-
income
310
418
-
-
total
310
418
-
-
Dividends
1 323
1 782
-
-
withholding
198
267
-
-
total
198
267
-
-
Income
2 200
2 200
2 200
2 200
Total tax
778
685
1 196
1 147
After tax
1 422
1 515
1 004
1 053
Living cost
298
298
298
298
Free-cash
1 124
1 217
706
755

Estimated living cost  is $298 per week

$204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$19
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$69
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
$1146
$1395
$968
$1007
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.

-
-
-
2 200
income
-
-
-
330
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
-
-
-
402
Employee
509
-
2 149
-
social contributions
51
-
51
-
income
55
-
549
-
total
106
-
600
-
Employer
509
-
2 149
-
social contributions
51
-
51
-
total
51
-
51
-
Corporate
1 640
2 200
-
-
income
574
770
-
-
total
574
770
-
-
Dividends
1 066
1 430
-
-
social contributions
59
59
-
-
total
59
59
-
-
Income
2 200
2 200
2 200
2 200
Total tax
790
829
651
402
After tax
1 410
1 371
1 549
1 798
Living cost
403
403
403
403
Free-cash
1 007
968
1 146
1 395

Estimated living cost  is $403 per week

$265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$32
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
$1124
$1177
$1107
$1113
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
-
-
-
2 200
income
-
-
-
330
social contributions
-
-
-
304
health
-
-
-
154
total
-
-
-
788
Employee
376
-
2 200
-
income
63
-
383
-
social contributions
52
-
304
-
health
26
-
154
-
total
141
-
841
-
Employer
376
-
2 200
-
total
-
-
-
-
Corporate
1 824
2 200
-
-
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%.

91
110
-
-
total
91
110
-
-
Dividends
1 733
2 090
-
-
withholding
260
314
-
-
health
121
146
-
-
social contributions
239
288
-
-
total
620
748
-
-
Income
2 200
2 200
2 200
2 200
Total tax
852
858
841
788
After tax
1 348
1 342
1 359
1 412
Living cost
235
235
235
235
Free-cash
1 113
1 107
1 124
1 177

Estimated living cost  is $235 per week

$157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
$898
$994
$1214
$1106
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
-
-
-
2 200
income
-
-
-
233
social contributions
-
-
-
351
solidarity contribution
-
-
-
24
health
-
-
-
297
total
-
-
-
905
Employee
442
-
1 743
-
solidarity contribution
-
-
16
-
income
53
-
214
-
social contributions
29
-
78
-
health
60
-
235
-
total
142
-
543
-
Employer
442
-
1 743
-
social contributions
111
-
301
-
health
40
-
157
-
total
151
-
458
-
Corporate
1 607
2 200
-
-
income
305
418
-
-
total
305
418
-
-
Dividends
1 302
1 782
-
-
withholding
195
267
-
-
total
195
267
-
-
Income
2 200
2 200
2 200
2 200
Total tax
793
685
1 001
905
After tax
1 407
1 515
1 199
1 295
Living cost
301
301
301
301
Free-cash
1 106
1 214
898
994

Estimated living cost  is $301 per week

$224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$55
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
$1636
$2054
$1966
$1943
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%.

-
-
-
2 200
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
155
-
2 200
-
income
31
-
440
-
total
31
-
440
-
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%.

2 045
2 200
-
-
total
-
-
-
-
Dividends
2 045
2 200
-
-
withholding
102
110
-
-
total
102
110
-
-
Income
2 200
2 200
2 200
2 200
Total tax
133
110
440
22
After tax
2 067
2 090
1 760
2 178
Living cost
124
124
124
124
Free-cash
1 943
1 966
1 636
2 054

Estimated living cost  is $124 per week

$84
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$5
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$31
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Paris , France
$647
$693
$573
$647
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 200
income
-
-
-
370
social contributions
-
-
-
63
health
-
-
-
101
surtax
-
-
-
-
pensions
-
-
-
369
other
-
-
-
68
total
-
-
-
971
Employee
695
-
1 691
-
income
61
-
339
-
social contributions
20
-
48
-
surtax
-
-
-
-
pensions
79
-
122
-
total
160
-
509
-
Employer
695
-
1 691
-
unemployment
28
-
68
-
social contributions
2
-
5
-
pensions
114
-
205
-
other
24
-
68
-
health
49
-
162
-
total
217
-
508
-
Corporate
1 288
2 200
-
-
income
361
616
-
-
surtax
-
-
-
-
total
361
616
-
-
Dividends
928
1 584
-
-
withholding
119
203
-
-
surtax
-
-
-
-
social contributions
160
272
-
-
total
279
475
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 017
1 091
1 017
971
After tax
1 183
1 109
1 183
1 229
Living cost
536
536
536
536
Free-cash
647
573
647
693

Estimated living cost  is $536 per week

$363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$44
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$122
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
$1197
$1196
$1398
$1344
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.

-
-
-
2 200
income
-
-
-
504
health
-
-
-
84
unemployment
-
-
-
12
pensions
-
-
-
213
total
-
-
-
813
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.

289
-
2 054
-
income
40
-
504
-
health
15
-
42
-
unemployment
2
-
6
-
pensions
40
-
114
-
total
97
-
666
-
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.

289
-
2 054
-
unemployment
2
-
6
-
pensions
35
-
98
-
health
15
-
42
-
total
52
-
146
-
Corporate
1 860
2 200
-
-
income
279
330
-
-
total
279
330
-
-
Dividends
1 581
1 870
-
-
withholding
237
281
-
-
total
237
281
-
-
Income
2 200
2 200
2 200
2 200
Total tax
665
611
812
813
After tax
1 535
1 589
1 388
1 387
Living cost
191
191
191
191
Free-cash
1 344
1 398
1 197
1 196

Estimated living cost  is $191 per week

$129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$42
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
$893
$975
$232
$564
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
-
-
-
2 200
regional
-
-
-
122
national
-
-
-
55
health
-
-
-
5
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.

-
-
-
44
pensions
-
-
-
202
total
-
-
-
451
Employee
906
-
1 978
-
regional
30
-
108
-
city
10
-
21
-
health
2
-
4
-
unemployment
-
-
-
-
national
4
-
44
-
pensions
76
-
156
-
total
122
-
333
-
Employer
906
-
1 978
-
unemployment
-
-
-
-
pensions
76
-
156
-
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
-
40
-
health
2
-
4
-
total
96
-
200
-
Corporate
1 188
2 200
-
-
regional
251
465
-
-
national
101
187
-
-
total
352
652
-
-
Dividends
836
1 548
-
-
withholding
292
542
-
-
total
292
542
-
-
Income
2 200
2 200
2 200
2 200
Total tax
862
1 194
533
451
After tax
1 338
1 006
1 667
1 749
Living cost
774
774
774
774
Free-cash
564
232
893
975

Estimated living cost  is $774 per week

$503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$69
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$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.
$192
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
$705
$957
$937
$971
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

-
-
-
2 200
municipal
-
-
-
391
national
-
-
-
397
health
-
-
-
29
total
-
-
-
817
Employee
584
-
1 851
-
health
4
-
24
-
unemployment
9
-
28
-
national
10
-
242
-
municipal
96
-
301
-
pensions
39
-
125
-
total
158
-
720
-
Employer
584
-
1 851
-
unemployment
4
-
12
-
pensions
101
-
321
-
accident
1
-
2
-
health
4
-
14
-
total
110
-
349
-
Corporate
1 506
2 200
-
-
income
301
440
-
-
total
301
440
-
-
Dividends

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

904
1 320
-
-
national
71
159
-
-
municipal
163
238
-
-
total
234
397
-
-
Income
2 200
2 200
2 200
2 200
Total tax
803
837
1 069
817
After tax
1 397
1 363
1 131
1 383
Living cost
426
426
426
426
Free-cash
971
937
705
957

Estimated living cost  is $426 per week

$278
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.
$100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

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
$356
$551
$819
$659
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
-
-
-
2 200
national
-
-
-
853
social contributions
-
-
-
277
communal

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

-
-
-
115
total
-
-
-
1 245
Employee

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

794
-
1 704
-
health

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

37
-
80
-
communal

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

41
-
89
-
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
-
15
-
national
244
-
632
-
pensions

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

60
-
128
-
total
389
-
944
-
Employer

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

794
-
1 704
-
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
-
25
-
pensions

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

70
-
151
-
surtax
90
-
193
-
accident

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

10
-
22
-
health

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

49
-
105
-
total
231
-
496
-
Corporate
1 175
2 200
-
-
income
235
449
-
-
surtax
5
9
-
-
total
240
458
-
-
Dividends
936
1 743
-
-
withholding

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

277
519
-
-
total
277
519
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 137
977
1 440
1 245
After tax
1 063
1 223
760
955
Living cost
404
404
404
404
Free-cash
659
819
356
551

Estimated living cost  is $404 per week

$261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$35
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
$652
$663
$746
$738
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
-
-
-
2 200
municipal
-
-
-
570
national
-
-
-
223
health
-
-
-
62
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
108
other
-
-
-
116
total
-
-
-
1 082
Employee
649
-
1 887
-
national
-
-
217
-
municipal
193
-
563
-
total
193
-
780
-
Employer
649
-
1 887
-
unemployment
17
-
26
-
pensions
70
-
108
-
other
75
-
116
-
accident
1
-
2
-
health
40
-
61
-
total
203
-
313
-
Corporate
1 348
2 200
-
-
income
296
484
-
-
total
296
484
-
-
Dividends
1 051
1 716
-
-
withholding
315
515
-
-
total
315
515
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 007
999
1 093
1 082
After tax
1 193
1 201
1 107
1 118
Living cost
455
455
455
455
Free-cash
738
746
652
663

Estimated living cost  is $455 per week

$302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$45
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
$1553
$1024
$842
$295
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
-
-
-
2 200
income
-
-
-
429
social contributions
-
-
-
251
total
-
-
-
680
Employee
712
-
-
-
income
157
-
-
-
social contributions
58
-
8
-
total
215
-
8
-
Employer
712
-
-
-
social contributions
1 004
-
143
-
total
1 004
-
143
-
Corporate
484
2 200
-
-
income
107
484
-
-
total
107
484
-
-
Dividends
378
1 716
-
-
income
83
378
-
-
total
83
378
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 409
862
151
680
After tax
791
1 338
2 049
1 520
Living cost
496
496
496
496
Free-cash
295
842
1 553
1 024

Estimated living cost  is $496 per week

$322
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.
$121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
$1114
$1132
$1243
$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
-
-
-
2 200
income
-
-
-
473
social contributions
-
-
-
179
health
-
-
-
56
total
-
-
-
708
Employee
853
853
2 066
-
income
90
79
463
-
social contributions
41
71
95
-
health
8
15
35
-
total
139
165
593
-
Employer
853
853
2 066
-
social contributions
41
71
95
-
health
9
16
38
-
total
50
87
133
-
Corporate
1 650
1 260
-
-
income
206
158
-
-
total
206
158
-
-
Dividends
1 444
1 103
-
-
withholding
245
187
-
-
total
245
187
-
-
Income
2 200
2 200
2 200
2 200
Total tax
640
597
726
708
After tax
1 560
1 603
1 474
1 492
Living cost
360
360
360
360
Free-cash
1 200
1 243
1 114
1 132

Estimated living cost  is $360 per week

$246
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$28
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$80
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
$838
$1035
$1007
$1071
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
-
-
-
2 200
income
-
-
-
660
pensions
-
-
-
103
total
-
-
-
763
Employee
552
-
1 919
-
income
101
-
528
-
health
7
-
27
-
pensions
42
-
125
-
total
150
-
680
-
Employer
552
-
1 919
-
pensions
56
-
244
-
health
10
-
36
-
total
66
-
280
-
Corporate
1 581
2 200
-
-
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.

300
418
-
-
total
300
418
-
-
Dividends
1 281
1 782
-
-
withholding
211
373
-
-
total
211
373
-
-
Income
2 200
2 200
2 200
2 200
Total tax
727
791
960
763
After tax
1 473
1 409
1 240
1 437
Living cost
402
402
402
402
Free-cash
1 071
1 007
838
1 035

Estimated living cost  is $402 per week

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

Additional information

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

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

Rome , Italy
$481
$574
$717
$666
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
-
-
-
2 200
municipal
-
-
-
15
regional
-
-
-
51
national
-
-
-
563
social contributions
-
-
-
555
total
-
-
-
1 184
Employee
935
-
2 200
-
regional
14
-
45
-
social contributions
315
-
728
-
national
158
-
491
-
municipal
6
-
13
-
total
493
-
1 277
-
Employer
935
-
2 200
-
total
-
-
-
-
Corporate
1 265
2 200
-
-
nationa
304
528
-
-
municipal
61
106
-
-
total
365
634
-
-
Dividends
901
1 566
-
-
withholding
234
407
-
-
total
234
407
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 092
1 041
1 277
1 184
After tax
1 108
1 159
923
1 016
Living cost
442
442
442
442
Free-cash
666
717
481
574

Estimated living cost  is $442 per week

$310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$30
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$94
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
$981
$1274
-$50
$144
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
-
-
-
2 200
income
-
-
-
625
health
-
-
-
23
accident
-
-
-
3
pensions
-
-
-
43
other
-
-
-
4
total
-
-
-
698
Employee
359
-
2 003
-
income
49
-
487
-
health
41
-
229
-
pensions
40
-
79
-
total
130
-
795
-
Employer
359
-
2 003
-
unemployment
9
-
49
-
pensions
58
-
114
-
accident
6
-
33
-
total
73
-
196
-
Corporate
1 768
2 200
-
-
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.

1 591
1 980
-
-
total
1 591
1 980
-
-
Dividends
177
220
-
-
withholding
34
42
-
-
total
34
42
-
-
Income
2 200
2 200
2 200
2 200
Total tax
1 828
2 022
991
698
After tax
372
178
1 209
1 502
Living cost
228
228
228
228
Free-cash
144
-50
981
1 274

Estimated living cost  is $228 per week

$167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$13
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$44
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
$950
$708
$703
$849
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.

-
-
-
2 200
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.

-
-
-
707
health

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

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

-
-
-
76
trade
-
-
-
242
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.

-
-
-
39
total
-
-
-
1 064
Employee

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

552
-
2 200
-
income

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

45
-
707
-
health

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

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

76
-
76
-
surtax

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

3
-
39
-
total
124
-
822
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 648
2 200
-
-
chamber of commerce
4
5
-
-
income
247
330
-
-
surtax

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

14
18
-
-
trade
236
316
-
-
total
501
669
-
-
Dividends
1 147
1 531
-
-
withholding
282
379
-
-
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
21
-
-
total
298
400
-
-
Income
2 200
2 200
2 200
2 200
Total tax
923
1 069
822
1 064
After tax
1 277
1 131
1 378
1 136
Living cost
428
428
428
428
Free-cash
849
703
950
708

Estimated living cost  is $428 per week

$295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$46
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$81
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
$711
$549
$1529
$1437
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.

-
-
-
2 200
microenterprise
-
-
-
-
income
-
-
-
434
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.

-
-
-
425
surtax
-
-
-
561
total
-
-
-
1 420
Employee
324
-
1 695
-
income
58
-
363
-
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
-
145
-
surtax
-
-
246
-
total
94
-
754
-
Employer
324
-
1 695
-
social contributions

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

78
-
318
-
surtax
-
-
186
-
total
78
-
504
-
Corporate
1 798
2 200
-
-
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%.

360
440
-
-
total
360
440
-
-
Dividends

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

1 438
1 760
-
-
total
-
-
-
-
Income
2 200
2 200
2 200
2 200
Total tax
532
440
1 258
1 420
After tax
1 668
1 760
942
780
Living cost
231
231
231
231
Free-cash
1 437
1 529
711
549

Estimated living cost  is $231 per week

$147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$22
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$56
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
$1190
$1199
$1228
$1204
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
-
-
-
2 200
income
-
-
-
673
health
-
-
-
77
pensions
-
-
-
106
total
-
-
-
856
Employee
221
-
2 081
-
income
43
-
667
-
health
11
-
26
-
unemployment
2
-
5
-
pensions
20
-
48
-
total
76
-
746
-
Employer
221
-
2 081
-
unemployment
4
-
11
-
pensions
24
-
58
-
health
21
-
50
-
total
49
-
119
-
Corporate
1 930
2 200
-
-
income
425
484
-
-
total
425
484
-
-
Dividends
1 505
1 716
-
-
withholding
301
343
-
-
total
301
343
-
-
Income
2 200
2 200
2 200
2 200
Total tax
851
827
865
856
After tax
1 349
1 373
1 335
1 344
Living cost
145
145
145
145
Free-cash
1 204
1 228
1 190
1 199

Estimated living cost  is $145 per week

$86
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$44
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
$721
$788
$1135
$1099
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
-
-
-
2 200
income
-
-
-
653
health
-
-
-
105
unemployment
-
-
-
3
surtax
-
-
-
106
pensions
-
-
-
296
other
-
-
-
-
total
-
-
-
1 163
Employee
374
-
1 888
-
other
-
-
-
-
income
63
-
586
-
health
10
-
38
-
unemployment
26
-
103
-
surtax
1
-
93
-
pensions
25
-
99
-
total
125
-
919
-
Employer
374
-
1 888
-
unemployment
12
-
47
-
pensions
50
-
197
-
other
-
-
-
-
health
17
-
67
-
total
79
-
311
-
Corporate
1 748
2 200
-
-
income
454
572
-
-
total
454
572
-
-
Dividends
1 293
1 628
-
-
withholding
194
244
-
-
total
194
244
-
-
Income
2 200
2 200
2 200
2 200
Total tax
852
816
1 230
1 163
After tax
1 348
1 384
970
1 037
Living cost
249
249
249
249
Free-cash
1 099
1 135
721
788

Estimated living cost  is $249 per week

$150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$22
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$71
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
$225
$778
$863
$855
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
-
-
-
2 200
income
-
-
-
652
chamber of commerce
-
-
-
9
health
-
-
-
99
unemployment
-
-
-
68
surtax
-
-
-
-
pensions
-
-
-
240
total
-
-
-
1 068
Employee
485
442
1 791
-
other
5
4
13
-
income
43
33
539
-
health
19
17
50
-
unemployment
15
13
39
-
pensions
50
45
133
-
total
132
112
774
-
Employer
485
442
1 791
-
unemployment
15
13
39
-
chamber of commerce
2
2