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
$ 2300
per

Your estimated
City
free-cash

Valencia , Spain
$1167
$927
$973
$1216
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
-
-
-
2 300
unemployment
-
-
-
7
income
-
-
-
695
other
-
-
-
1
accident
-
-
-
10
pensions
-
-
-
300
total
-
-
-
1 013
Employee
423
-
1 962
-
unemployment
7
-
16
-
pensions
20
-
50
-
income
81
-
655
-
other
-
-
1
-
total
108
-
722
-
Employer
423
-
1 962
-
pensions
100
-
250
-
accident
8
-
21
-
unemployment
23
-
58
-
other
3
-
8
-
total
134
-
337
-
Corporate
1 743
2 300
-
-
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.

261
345
-
-
total
261
345
-
-
Dividends
1 481
1 955
-
-
withholding
316
425
-
-
total
316
425
-
-
Income
2 300
2 300
2 300
2 300
Total tax
819
770
1 059
1 013
After tax
1 481
1 530
1 241
1 287
Living cost
314
314
314
314
Free-cash
1 167
1 216
927
973

Estimated living cost  is $314 per week

$212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$30
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$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
$1309
$1018
$1036
$1386
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
-
-
-
2 300
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.

-
-
-
417
income
-
-
-
383
other
-
-
-
83
health
-
-
-
76
total
-
-
-
959
Employee
415
-
1 861
-
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
-
122
-
income
71
-
376
-
total
110
-
539
-
Employer
415
-
1 861
-
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.

71
-
295
-
accident
3
-
15
-
unemployment
4
-
17
-
other
21
-
87
-
total
105
-
438
-
Corporate
1 781
2 300
-
-
income
374
483
-
-
total
374
483
-
-
Dividends
1 407
1 817
-
-
withholding
98
127
-
-
total
98
127
-
-
Income
2 300
2 300
2 300
2 300
Total tax
687
610
977
959
After tax
1 613
1 690
1 323
1 341
Living cost
304
304
304
304
Free-cash
1 309
1 386
1 018
1 036

Estimated living cost  is $304 per week

$215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$21
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
$1764
$1793
$1698
$1817
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
-
-
-
2 300
pensions

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

-
-
-
59
unemployment
-
-
-
2
income
-
-
-
345
health
-
-
-
46
total
-
-
-
452
Employee
199
-
2 222
-
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
-
222
-
total
48
-
279
-
Employer
199
-
2 222
-
health
14
-
28
-
pensions

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

22
-
44
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
unemployment
1
-
2
-
total
39
-
78
-
Corporate
2 062
2 300
-
-
income
206
230
-
-
total
206
230
-
-
Dividends
1 856
2 070
-
-
withholding
93
103
-
-
total
93
103
-
-
Income
2 300
2 300
2 300
2 300
Total tax
386
333
357
452
After tax
1 914
1 967
1 943
1 848
Living cost
150
150
150
150
Free-cash
1 764
1 817
1 793
1 698

Estimated living cost  is $150 per week

$88
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$11
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$48
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
$837
$841
$891
$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
-
-
-
2 300
income
-
-
-
392
other
-
-
-
71
health
-
-
-
106
social contributions
-
-
-
66
pensions
-
-
-
383
surtax
-
-
-
-
total
-
-
-
1 018
Employee
489
-
1 766
-
pensions
55
-
129
-
income
29
-
356
-
social contributions
14
-
50
-
surtax
-
-
-
-
total
98
-
535
-
Employer
489
-
1 766
-
health
34
-
170
-
social contributions
1
-
5
-
pensions
80
-
215
-
unemployment
20
-
72
-
other
17
-
71
-
total
152
-
533
-
Corporate
1 658
2 300
-
-
income
464
644
-
-
surtax
-
-
-
-
total
464
644
-
-
Dividends
1 194
1 656
-
-
social contributions
205
285
-
-
surtax
-
-
-
-
withholding
153
212
-
-
total
358
497
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 072
1 141
1 068
1 018
After tax
1 228
1 159
1 232
1 282
Living cost
391
391
391
391
Free-cash
837
768
841
891

Estimated living cost  is $391 per week

$247
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.
$106
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
$593
$989
$771
$664
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
-
-
-
2 300
pensions
-
-
-
134
income
-
-
-
775
health
-
-
-
141
total
-
-
-
1 050
Employee
976
976
2 088
-
health
150
127
141
-
pensions
176
134
134
-
income

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

160
160
345
-
total
486
421
620
-
Employer
976
976
2 088
-
health
68
68
84
-
pensions
68
68
84
-
unemployment
35
35
44
-
total
171
171
212
-
Corporate
1 165
1 153
-
-
income
233
231
-
-
total
233
231
-
-
Dividends
932
923
-
-
income
198
196
-
-
withholding
140
138
-
-
total
338
334
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 228
1 157
832
1 050
After tax
1 072
1 143
1 468
1 250
Living cost
479
479
479
479
Free-cash
593
664
989
771

Estimated living cost  is $479 per week

$339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$43
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$89
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
$942
$1092
$813
$814
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.

-
-
-
2 300
trade
-
-
-
279
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.

-
-
-
743
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.

-
-
-
78
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.

-
-
-
41
total
-
-
-
1 141
Employee

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

437
-
2 300
-
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.

78
-
78
-
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
-
743
-
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
-
41
-
total
91
-
862
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 863
2 300
-
-
income
279
345
-
-
trade
293
362
-
-
surtax

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

15
19
-
-
chamber of commerce
4
5
-
-
total
591
731
-
-
Dividends
1 270
1 569
-
-
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.

17
21
-
-
withholding
313
388
-
-
total
330
409
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 012
1 140
862
1 141
After tax
1 288
1 160
1 438
1 159
Living cost
346
346
346
346
Free-cash
942
814
1 092
813

Estimated living cost  is $346 per week

$218
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.
$82
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
$1350
$1274
$1292
$1412
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
-
-
-
2 300
income
-
-
-
499
health
-
-
-
59
social contributions
-
-
-
185
total
-
-
-
743
Employee
879
879
2 162
-
health
7
15
37
-
income
96
81
488
-
social contributions
33
73
98
-
total
136
169
623
-
Employer
879
879
2 162
-
health
7
16
40
-
social contributions
33
73
98
-
total
40
89
138
-
Corporate
1 859
1 332
-
-
income
232
167
-
-
total
232
167
-
-
Dividends
1 627
1 166
-
-
withholding
277
198
-
-
total
277
198
-
-
Income
2 300
2 300
2 300
2 300
Total tax
685
623
761
743
After tax
1 615
1 677
1 539
1 557
Living cost
265
265
265
265
Free-cash
1 350
1 412
1 274
1 292

Estimated living cost  is $265 per week

$159
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
$939
$682
$856
$950
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.

-
-
-
2 300
income
-
-
-
287
social contributions

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

-
-
-
799
surtax
-
-
-
-
total
-
-
-
1 086
Employee
526
-
1 859
-
income
109
-
615
-
social contributions
58
-
204
-
surtax
-
-
-
-
total
167
-
819
-
Employer
526
-
1 859
-
social contributions
125
-
441
-
total
125
-
441
-
Corporate
1 650
2 300
-
-
income
346
483
-
-
surtax
-
-
-
-
total
346
483
-
-
Dividends
1 303
1 817
-
-
withholding
365
509
-
-
total
365
509
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 003
992
1 260
1 086
After tax
1 297
1 308
1 040
1 214
Living cost
358
358
358
358
Free-cash
939
950
682
856

Estimated living cost  is $358 per week

$268
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
$2084
$1755
$2192
$2100
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%.

-
-
-
2 300
microenterprise

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

-
-
-
23
total
-
-
-
23
Employee
107
-
2 300
-
income
21
-
460
-
total
21
-
460
-
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%.

2 193
2 300
-
-
total
-
-
-
-
Dividends
2 193
2 300
-
-
withholding
110
115
-
-
total
110
115
-
-
Income
2 300
2 300
2 300
2 300
Total tax
131
115
460
23
After tax
2 169
2 185
1 840
2 277
Living cost
85
85
85
85
Free-cash
2 084
2 100
1 755
2 192

Estimated living cost  is $85 per week

$53
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$7
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$2
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$23
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Ljubljana , Slovenia
$1182
$740
$790
$1278
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.

-
-
-
2 300
pensions
-
-
-
420
unemployment
-
-
-
3
income
-
-
-
554
health
-
-
-
226
total
-
-
-
1 203
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.

505
-
1 990
-
health
33
-
129
-
unemployment
1
-
3
-
pensions
78
-
308
-
income
87
-
504
-
total
199
-
944
-
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.

505
-
1 990
-
health
34
-
133
-
pensions
45
-
176
-
unemployment
-
-
1
-
total
79
-
310
-
Corporate
1 716
2 300
-
-
income
326
437
-
-
total
326
437
-
-
Dividends
1 390
1 863
-
-
withholding
208
279
-
-
total
208
279
-
-
Income
2 300
2 300
2 300
2 300
Total tax
812
716
1 254
1 203
After tax
1 488
1 584
1 046
1 097
Living cost
306
306
306
306
Free-cash
1 182
1 278
740
790

Estimated living cost  is $306 per week

$210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$71
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
$1059
$1202
$1468
$1020
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.

-
-
-
2 300
income
-
-
-
345
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
-
-
-
417
Employee
524
-
2 247
-
social contributions
53
-
53
-
income
57
-
577
-
total
110
-
630
-
Employer
524
-
2 247
-
social contributions
53
-
53
-
total
53
-
53
-
Corporate
1 723
2 300
-
-
income
603
805
-
-
total
603
805
-
-
Dividends
1 120
1 495
-
-
social contributions
60
60
-
-
total
60
60
-
-
Income
2 300
2 300
2 300
2 300
Total tax
826
865
683
417
After tax
1 474
1 435
1 617
1 883
Living cost
415
415
415
415
Free-cash
1 059
1 020
1 202
1 468

Estimated living cost  is $415 per week

$273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$33
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
$1166
$1179
$1235
$1160
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
-
-
-
2 300
income
-
-
-
345
health
-
-
-
161
social contributions
-
-
-
317
total
-
-
-
823
Employee
387
-
2 300
-
health
27
-
161
-
income
65
-
401
-
social contributions
53
-
317
-
total
145
-
879
-
Employer
387
-
2 300
-
total
-
-
-
-
Corporate
1 913
2 300
-
-
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%.

96
115
-
-
total
96
115
-
-
Dividends
1 817
2 185
-
-
social contributions
251
302
-
-
withholding
273
328
-
-
health
127
153
-
-
total
651
783
-
-
Income
2 300
2 300
2 300
2 300
Total tax
892
898
879
823
After tax
1 408
1 402
1 421
1 477
Living cost
242
242
242
242
Free-cash
1 166
1 160
1 179
1 235

Estimated living cost  is $242 per week

$162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$60
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
$1152
$932
$1031
$1265
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
-
-
-
2 300
income
-
-
-
242
health
-
-
-
311
social contributions
-
-
-
373
solidarity contribution
-
-
-
24
total
-
-
-
950
Employee
470
-
1 817
-
health
63
-
245
-
solidarity contribution
-
-
15
-
income
56
-
223
-
social contributions
31
-
83
-
total
150
-
566
-
Employer
470
-
1 817
-
health
42
-
164
-
social contributions
117
-
319
-
total
159
-
483
-
Corporate
1 671
2 300
-
-
income
317
437
-
-
total
317
437
-
-
Dividends
1 353
1 863
-
-
withholding
203
279
-
-
total
203
279
-
-
Income
2 300
2 300
2 300
2 300
Total tax
829
716
1 049
950
After tax
1 471
1 584
1 251
1 350
Living cost
319
319
319
319
Free-cash
1 152
1 265
932
1 031

Estimated living cost  is $319 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.
$59
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
$2027
$1707
$2144
$2052
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%.

-
-
-
2 300
microenterprise

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

-
-
-
23
total
-
-
-
23
Employee
166
-
2 300
-
income
33
-
460
-
total
33
-
460
-
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%.

2 134
2 300
-
-
total
-
-
-
-
Dividends
2 134
2 300
-
-
withholding
107
115
-
-
total
107
115
-
-
Income
2 300
2 300
2 300
2 300
Total tax
140
115
460
23
After tax
2 160
2 185
1 840
2 277
Living cost
133
133
133
133
Free-cash
2 027
2 052
1 707
2 144

Estimated living cost  is $133 per week

$90
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$6
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$33
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Paris , France
$687
$680
$730
$607
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
-
-
-
2 300
income
-
-
-
392
other
-
-
-
71
health
-
-
-
106
social contributions
-
-
-
66
pensions
-
-
-
383
surtax
-
-
-
-
total
-
-
-
1 018
Employee
716
-
1 766
-
pensions
81
-
129
-
income
62
-
356
-
social contributions
20
-
50
-
surtax
-
-
-
-
total
163
-
535
-
Employer
716
-
1 766
-
health
50
-
170
-
social contributions
2
-
5
-
pensions
118
-
215
-
unemployment
29
-
72
-
other
25
-
71
-
total
224
-
533
-
Corporate
1 361
2 300
-
-
income
381
644
-
-
surtax
-
-
-
-
total
381
644
-
-
Dividends
980
1 656
-
-
social contributions
168
285
-
-
surtax
-
-
-
-
withholding
125
212
-
-
total
293
497
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 061
1 141
1 068
1 018
After tax
1 239
1 159
1 232
1 282
Living cost
552
552
552
552
Free-cash
687
607
680
730

Estimated living cost  is $552 per week

$374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$45
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
$1409
$1259
$1257
$1465
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.

-
-
-
2 300
pensions
-
-
-
219
unemployment
-
-
-
13
income
-
-
-
527
health
-
-
-
87
total
-
-
-
846
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.

297
-
2 149
-
health
15
-
43
-
unemployment
2
-
6
-
pensions
42
-
118
-
income
41
-
527
-
total
100
-
694
-
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.

297
-
2 149
-
health
15
-
43
-
pensions
36
-
101
-
unemployment
2
-
6
-
total
53
-
150
-
Corporate
1 950
2 300
-
-
income
292
345
-
-
total
292
345
-
-
Dividends
1 657
1 955
-
-
withholding
249
293
-
-
total
249
293
-
-
Income
2 300
2 300
2 300
2 300
Total tax
694
638
844
846
After tax
1 606
1 662
1 456
1 454
Living cost
197
197
197
197
Free-cash
1 409
1 465
1 259
1 257

Estimated living cost  is $197 per week

$133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$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
$599
$946
$1032
$257
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
-
-
-
2 300
pensions
-
-
-
212
city
-
-
-
24
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.

-
-
-
46
health
-
-
-
5
regional
-
-
-
128
national
-
-
-
58
total
-
-
-
473
Employee
931
-
2 069
-
health
2
-
5
-
unemployment
-
-
-
-
city
10
-
22
-
pensions
78
-
162
-
regional
30
-
114
-
national
4
-
48
-
total
124
-
351
-
Employer
931
-
2 069
-
health
2
-
5
-
pensions
78
-
162
-
unemployment
-
-
-
-
other

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

19
-
41
-
total
99
-
208
-
Corporate
1 260
2 300
-
-
regional
266
486
-
-
national
107
196
-
-
total
373
682
-
-
Dividends
886
1 618
-
-
withholding
310
566
-
-
total
310
566
-
-
Income
2 300
2 300
2 300
2 300
Total tax
906
1 248
559
473
After tax
1 394
1 052
1 741
1 827
Living cost
795
795
795
795
Free-cash
599
257
946
1 032

Estimated living cost  is $795 per week

$517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$71
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.
$197
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
$1020
$738
$1003
$985
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

-
-
-
2 300
municipal
-
-
-
408
health
-
-
-
31
national
-
-
-
419
total
-
-
-
858
Employee
601
-
1 935
-
health
4
-
25
-
unemployment
9
-
29
-
pensions
41
-
131
-
national
10
-
257
-
municipal
98
-
315
-
total
162
-
757
-
Employer
601
-
1 935
-
health
5
-
15
-
pensions
104
-
336
-
accident
1
-
2
-
unemployment
4
-
13
-
total
114
-
366
-
Corporate
1 585
2 300
-
-
income
317
460
-
-
total
317
460
-
-
Dividends

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

951
1 380
-
-
municipal
171
248
-
-
national
77
168
-
-
total
248
416
-
-
Income
2 300
2 300
2 300
2 300
Total tax
841
876
1 123
858
After tax
1 459
1 424
1 177
1 442
Living cost
439
439
439
439
Free-cash
1 020
985
738
1 003

Estimated living cost  is $439 per week

$287
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.
$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

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
$698
$375
$582
$861
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
-
-
-
2 300
communal

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

-
-
-
121
social contributions
-
-
-
285
national
-
-
-
895
total
-
-
-
1 301
Employee

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

817
-
1 781
-
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
-
84
-
communal

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

43
-
93
-
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
-
16
-
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
-
134
-
national
251
-
662
-
total
400
-
989
-
Employer

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

817
-
1 781
-
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
-
110
-
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
-
158
-
surtax
93
-
202
-
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
-
23
-
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
-
26
-
total
238
-
519
-
Corporate
1 245
2 300
-
-
income
249
472
-
-
surtax
5
9
-
-
total
254
481
-
-
Dividends
991
1 819
-
-
withholding

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

293
541
-
-
total
293
541
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 185
1 022
1 508
1 301
After tax
1 115
1 278
792
999
Living cost
417
417
417
417
Free-cash
698
861
375
582

Estimated living cost  is $417 per week

$268
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.
$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
Stockholm , Sweden
$752
$667
$680
$763
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
-
-
-
2 300
unemployment
-
-
-
1
municipal
-
-
-
593
other
-
-
-
126
health
-
-
-
67
national
-
-
-
221
accident
-
-
-
2
pensions
-
-
-
117
total
-
-
-
1 127
Employee
702
-
1 961
-
national
-
-
215
-
municipal
209
-
585
-
total
209
-
800
-
Employer
702
-
1 961
-
health
43
-
66
-
pensions
76
-
117
-
accident
1
-
2
-
unemployment
19
-
29
-
other
82
-
126
-
total
221
-
340
-
Corporate
1 377
2 300
-
-
income
303
506
-
-
total
303
506
-
-
Dividends
1 074
1 794
-
-
withholding
322
538
-
-
total
322
538
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 055
1 044
1 140
1 127
After tax
1 245
1 256
1 160
1 173
Living cost
493
493
493
493
Free-cash
752
763
667
680

Estimated living cost  is $493 per week

$327
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
$261
$1593
$1048
$857
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
-
-
-
2 300
income
-
-
-
448
social contributions
-
-
-
262
total
-
-
-
710
Employee
777
-
-
-
income
171
-
-
-
social contributions
64
-
9
-
total
235
-
9
-
Employer
777
-
-
-
social contributions
1 095
-
156
-
total
1 095
-
156
-
Corporate
428
2 300
-
-
income
94
506
-
-
total
94
506
-
-
Dividends
334
1 794
-
-
income
73
395
-
-
total
73
395
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 497
901
165
710
After tax
803
1 399
2 135
1 590
Living cost
542
542
542
542
Free-cash
261
857
1 593
1 048

Estimated living cost  is $542 per week

$351
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
$1257
$1168
$1186
$1306
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
-
-
-
2 300
income
-
-
-
499
health
-
-
-
59
social contributions
-
-
-
185
total
-
-
-
743
Employee
879
879
2 162
-
health
9
15
37
-
income
92
81
488
-
social contributions
43
73
98
-
total
144
169
623
-
Employer
879
879
2 162
-
health
10
16
40
-
social contributions
43
73
98
-
total
53
89
138
-
Corporate
1 733
1 332
-
-
income
217
167
-
-
total
217
167
-
-
Dividends
1 517
1 166
-
-
withholding
258
198
-
-
total
258
198
-
-
Income
2 300
2 300
2 300
2 300
Total tax
672
623
761
743
After tax
1 628
1 677
1 539
1 557
Living cost
371
371
371
371
Free-cash
1 257
1 306
1 168
1 186

Estimated living cost  is $371 per week

$253
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.
$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
Edinburgh , United Kingdom
$1123
$884
$1090
$1058
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
-
-
-
2 300
income
-
-
-
696
pensions
-
-
-
106
total
-
-
-
802
Employee
561
-
2 006
-
health
7
-
28
-
pensions
43
-
128
-
income
102
-
558
-
total
152
-
714
-
Employer
561
-
2 006
-
health
11
-
38
-
pensions
57
-
256
-
total
68
-
294
-
Corporate
1 672
2 300
-
-
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.

318
437
-
-
total
318
437
-
-
Dividends
1 354
1 863
-
-
withholding
231
397
-
-
total
231
397
-
-
Income
2 300
2 300
2 300
2 300
Total tax
769
834
1 008
802
After tax
1 531
1 466
1 292
1 498
Living cost
408
408
408
408
Free-cash
1 123
1 058
884
1 090

Estimated living cost  is $408 per week

$280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$38
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$86
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

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

Rome , Italy
$704
$513
$608
$756
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 300
municipal
-
-
-
16
regional
-
-
-
54
social contributions
-
-
-
572
national
-
-
-
595
total
-
-
-
1 237
Employee
963
-
2 300
-
social contributions
325
-
750
-
regional
15
-
48
-
national
163
-
520
-
municipal
6
-
14
-
total
509
-
1 332
-
Employer
963
-
2 300
-
total
-
-
-
-
Corporate
1 337
2 300
-
-
nationa
321
552
-
-
municipal
64
111
-
-
total
385
663
-
-
Dividends
952
1 637
-
-
withholding
247
426
-
-
total
247
426
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 141
1 089
1 332
1 237
After tax
1 159
1 211
968
1 063
Living cost
455
455
455
455
Free-cash
704
756
513
608

Estimated living cost  is $455 per week

$320
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
$149
$1020
$1329
-$56
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
-
-
-
2 300
pensions
-
-
-
46
income
-
-
-
652
other
-
-
-
4
health
-
-
-
24
accident
-
-
-
3
total
-
-
-
729
Employee
381
-
2 093
-
health
44
-
240
-
pensions
43
-
84
-
income
52
-
507
-
total
139
-
831
-
Employer
381
-
2 093
-
pensions
62
-
121
-
accident
6
-
35
-
unemployment
9
-
51
-
total
77
-
207
-
Corporate
1 842
2 300
-
-
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.

1 658
2 070
-
-
total
1 658
2 070
-
-
Dividends
184
230
-
-
withholding
35
44
-
-
total
35
44
-
-
Income
2 300
2 300
2 300
2 300
Total tax
1 909
2 114
1 038
729
After tax
391
186
1 262
1 571
Living cost
242
242
242
242
Free-cash
149
-56
1 020
1 329

Estimated living cost  is $242 per week

$177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$13
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$46
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
$892
$997
$743
$742
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.

-
-
-
2 300
trade
-
-
-
254
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.

-
-
-
743
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.

-
-
-
78
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.

-
-
-
41
total
-
-
-
1 116
Employee

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

569
-
2 300
-
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.

78
-
78
-
income

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

47
-
743
-
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
-
41
-
total
128
-
862
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 731
2 300
-
-
income
260
345
-
-
trade
248
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
19
-
-
chamber of commerce
4
5
-
-
total
526
699
-
-
Dividends
1 205
1 601
-
-
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
22
-
-
withholding
297
396
-
-
total
313
418
-
-
Income
2 300
2 300
2 300
2 300
Total tax
967
1 117
862
1 116
After tax
1 333
1 183
1 438
1 184
Living cost
441
441
441
441
Free-cash
892
742
997
743

Estimated living cost  is $441 per week

$304
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.
$83
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
$1509
$748
$580
$1602
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.

-
-
-
2 300
income
-
-
-
457
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.

-
-
-
438
surtax
-
-
-
587
total
-
-
-
1 482
Employee
334
-
1 777
-
income
59
-
383
-
social contributions

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

37
-
150
-
surtax
-
-
258
-
total
96
-
791
-
Employer
334
-
1 777
-
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
-
328
-
surtax
-
-
195
-
total
80
-
523
-
Corporate
1 886
2 300
-
-
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%.

377
460
-
-
total
377
460
-
-
Dividends

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

1 509
1 840
-
-
total
-
-
-
-
Income
2 300
2 300
2 300
2 300
Total tax
553
460
1 314
1 482
After tax
1 747
1 840
986
818
Living cost
238
238
238
238
Free-cash
1 509
1 602
748
580

Estimated living cost  is $238 per week

$152
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$23
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
$1273
$1263
$1273
$1295
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
-
-
-
2 300
income
-
-
-
711
health
-
-
-
74
pensions
-
-
-
102
total
-
-
-
887
Employee
214
-
2 185
-
health
11
-
26
-
unemployment
2
-
5
-
pensions
19
-
46
-
income
41
-
705
-
total
73
-
782
-
Employer
214
-
2 185
-
health
20
-
49
-
pensions
24
-
56
-
unemployment
4
-
10
-
total
48
-
115
-
Corporate
2 038
2 300
-
-
income
448
506
-
-
total
448
506
-
-
Dividends
1 590
1 794
-
-
withholding
318
359
-
-
total
318
359
-
-
Income
2 300
2 300
2 300
2 300
Total tax
887
865
897
887
After tax
1 413
1 435
1 403
1 413
Living cost
140
140
140
140
Free-cash
1 273
1 295
1 263
1 273

Estimated living cost  is $140 per week

$83
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$11
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$42
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
$1152
$759
$828
$1190
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
-
-
-
2 300
pensions
-
-
-
305
unemployment
-
-
-
3
income
-
-
-
687
other
-
-
-
-
health
-
-
-
108
surtax
-
-
-
112
total
-
-
-
1 215
Employee
385
-
1 979
-
health
10
-
39
-
unemployment
27
-
106
-
pensions
26
-
102
-
income
65
-
619
-
other
-
-
-
-
surtax
1
-
98
-
total
129
-
964
-
Employer
385
-
1 979
-
health
18
-
69
-
pensions
51
-
203
-
unemployment
12
-
48
-
other
-
-
-
-
total
81
-
320
-
Corporate
1 834
2 300
-
-
income
477
598
-
-
total
477
598
-
-
Dividends
1 357
1 702
-
-
withholding
204
255
-
-
total
204
255
-
-
Income
2 300
2 300
2 300
2 300
Total tax
891
853
1 284
1 215
After tax
1 409
1 447
1 016
1 085
Living cost
257
257
257
257
Free-cash
1 152
1 190
759
828

Estimated living cost  is $257 per week

$155
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
$901
$241
$819
$904
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
-
-
-
2 300
pensions
-
-
-
247
chamber of commerce
-
-
-
9
unemployment
-
-
-
70
income
-
-
-
688
health
-
-
-
102
surtax
-
-
-
-
total
-
-
-
1 116
Employee
500
455
1 876
-
health
19
18
52
-
unemployment
15
14
40
-
pensions
51
47
137
-
income
44
34
570
-
other
5
5
13
-
total
134
118
812
-
Employer
500
455
1 876
-
health
19
17
50
-
pensions
63