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
$ 2350
per

Your estimated
City
free-cash

Valencia , Spain
$1197
$954
$1000
$1248
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
-
-
-
2 350
unemployment
-
-
-
7
income
-
-
-
717
other
-
-
-
1
accident
-
-
-
10
pensions
-
-
-
300
total
-
-
-
1 035
Employee
423
-
2 012
-
unemployment
7
-
16
-
pensions
20
-
50
-
income
82
-
677
-
other
-
-
1
-
total
109
-
744
-
Employer
423
-
2 012
-
pensions
100
-
250
-
accident
8
-
21
-
unemployment
23
-
58
-
other
3
-
8
-
total
134
-
337
-
Corporate
1 792
2 350
-
-
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.

269
352
-
-
total
269
352
-
-
Dividends
1 523
1 998
-
-
withholding
326
435
-
-
total
326
435
-
-
Income
2 350
2 350
2 350
2 350
Total tax
838
787
1 081
1 035
After tax
1 512
1 563
1 269
1 315
Living cost
315
315
315
315
Free-cash
1 197
1 248
954
1 000

Estimated living cost  is $315 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.
$67
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
$1344
$1055
$1072
$1421
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
-
-
-
2 350
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.

-
-
-
418
income
-
-
-
395
other
-
-
-
83
health
-
-
-
77
total
-
-
-
973
Employee
415
-
1 910
-
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
72
-
388
-
total
111
-
551
-
Employer
415
-
1 910
-
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
-
296
-
accident
3
-
15
-
unemployment
4
-
17
-
other
21
-
87
-
total
105
-
439
-
Corporate
1 830
2 350
-
-
income
384
494
-
-
total
384
494
-
-
Dividends
1 446
1 856
-
-
withholding
101
130
-
-
total
101
130
-
-
Income
2 350
2 350
2 350
2 350
Total tax
701
624
990
973
After tax
1 649
1 726
1 360
1 377
Living cost
305
305
305
305
Free-cash
1 344
1 421
1 055
1 072

Estimated living cost  is $305 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
$1807
$1838
$1740
$1859
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
-
-
-
2 350
pensions

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

-
-
-
59
unemployment
-
-
-
2
income
-
-
-
353
health
-
-
-
46
total
-
-
-
460
Employee
199
-
2 272
-
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
-
227
-
total
48
-
284
-
Employer
199
-
2 272
-
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
2 112
2 350
-
-
income
211
235
-
-
total
211
235
-
-
Dividends
1 901
2 115
-
-
withholding
95
106
-
-
total
95
106
-
-
Income
2 350
2 350
2 350
2 350
Total tax
393
341
362
460
After tax
1 957
2 009
1 988
1 890
Living cost
150
150
150
150
Free-cash
1 807
1 859
1 838
1 740

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
$863
$861
$914
$793
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 350
income
-
-
-
408
other
-
-
-
73
health
-
-
-
110
social contributions
-
-
-
67
pensions
-
-
-
387
surtax
-
-
-
-
total
-
-
-
1 045
Employee
490
-
1 802
-
pensions
55
-
132
-
income
29
-
368
-
social contributions
14
-
51
-
surtax
-
-
-
-
total
98
-
551
-
Employer
490
-
1 802
-
health
34
-
175
-
social contributions
1
-
5
-
pensions
80
-
221
-
unemployment
20
-
73
-
other
17
-
73
-
total
152
-
547
-
Corporate
1 707
2 350
-
-
income
478
658
-
-
surtax
-
-
-
-
total
478
658
-
-
Dividends
1 229
1 692
-
-
social contributions
211
291
-
-
surtax
-
-
-
-
withholding
157
217
-
-
total
368
508
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 096
1 166
1 098
1 045
After tax
1 254
1 184
1 252
1 305
Living cost
391
391
391
391
Free-cash
863
793
861
914

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
$619
$1024
$795
$690
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
-
-
-
2 350
pensions
-
-
-
134
income
-
-
-
801
health
-
-
-
141
total
-
-
-
1 076
Employee
977
977
2 137
-
health
150
128
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
359
-
total
486
422
634
-
Employer
977
977
2 137
-
health
68
68
84
-
pensions
68
68
85
-
unemployment
35
35
44
-
total
171
171
213
-
Corporate
1 214
1 202
-
-
income
243
240
-
-
total
243
240
-
-
Dividends
971
961
-
-
income
206
204
-
-
withholding
146
144
-
-
total
352
348
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 252
1 181
847
1 076
After tax
1 098
1 169
1 503
1 274
Living cost
479
479
479
479
Free-cash
619
690
1 024
795

Estimated living cost  is $479 per week

$340
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
$964
$1119
$833
$839
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.

-
-
-
2 350
trade
-
-
-
286
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.

-
-
-
764
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.

-
-
-
42
total
-
-
-
1 170
Employee

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

438
-
2 350
-
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
-
764
-
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
-
42
-
total
91
-
884
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 912
2 350
-
-
income
287
352
-
-
trade
301
370
-
-
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
19
-
-
chamber of commerce
4
5
-
-
total
608
746
-
-
Dividends
1 304
1 603
-
-
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.

18
22
-
-
withholding
322
396
-
-
total
340
418
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 039
1 164
884
1 170
After tax
1 311
1 186
1 466
1 180
Living cost
347
347
347
347
Free-cash
964
839
1 119
833

Estimated living cost  is $347 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
$1386
$1305
$1325
$1449
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
-
-
-
2 350
income
-
-
-
515
health
-
-
-
60
social contributions
-
-
-
185
total
-
-
-
760
Employee
880
880
2 211
-
health
7
15
38
-
income
96
81
505
-
social contributions
33
73
98
-
total
136
169
641
-
Employer
880
880
2 211
-
health
7
16
41
-
social contributions
33
73
98
-
total
40
89
139
-
Corporate
1 909
1 381
-
-
income
239
173
-
-
total
239
173
-
-
Dividends
1 670
1 208
-
-
withholding
284
205
-
-
total
284
205
-
-
Income
2 350
2 350
2 350
2 350
Total tax
699
636
780
760
After tax
1 651
1 714
1 570
1 590
Living cost
265
265
265
265
Free-cash
1 386
1 449
1 305
1 325

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
$966
$700
$878
$977
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.

-
-
-
2 350
income
-
-
-
296
social contributions

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

-
-
-
817
surtax
-
-
-
-
total
-
-
-
1 113
Employee
526
-
1 899
-
income
109
-
631
-
social contributions
58
-
209
-
surtax
-
-
-
-
total
167
-
840
-
Employer
526
-
1 899
-
social contributions
125
-
451
-
total
125
-
451
-
Corporate
1 699
2 350
-
-
income
357
494
-
-
surtax
-
-
-
-
total
357
494
-
-
Dividends
1 342
1 856
-
-
withholding
376
520
-
-
total
376
520
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 025
1 014
1 291
1 113
After tax
1 325
1 336
1 059
1 237
Living cost
359
359
359
359
Free-cash
966
977
700
878

Estimated living cost  is $359 per week

$269
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
$2127
$1791
$2238
$2143
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%.

-
-
-
2 350
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
111
-
2 350
-
income
22
-
470
-
total
22
-
470
-
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%.

2 239
2 350
-
-
total
-
-
-
-
Dividends
2 239
2 350
-
-
withholding
112
118
-
-
total
112
118
-
-
Income
2 350
2 350
2 350
2 350
Total tax
134
118
470
23
After tax
2 216
2 232
1 880
2 327
Living cost
89
89
89
89
Free-cash
2 127
2 143
1 791
2 238

Estimated living cost  is $89 per week

$55
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.
$24
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
$1216
$758
$808
$1311
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.

-
-
-
2 350
pensions
-
-
-
429
unemployment
-
-
-
4
income
-
-
-
571
health
-
-
-
231
total
-
-
-
1 235
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.

506
-
2 033
-
health
33
-
131
-
unemployment
1
-
3
-
pensions
78
-
315
-
income
87
-
520
-
total
199
-
969
-
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.

506
-
2 033
-
health
34
-
135
-
pensions
45
-
180
-
unemployment
-
-
1
-
total
79
-
316
-
Corporate
1 765
2 350
-
-
income
335
446
-
-
total
335
446
-
-
Dividends
1 430
1 904
-
-
withholding
214
286
-
-
total
214
286
-
-
Income
2 350
2 350
2 350
2 350
Total tax
827
732
1 285
1 235
After tax
1 523
1 618
1 065
1 115
Living cost
307
307
307
307
Free-cash
1 216
1 311
758
808

Estimated living cost  is $307 per week

$211
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
$1092
$1235
$1511
$1053
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.

-
-
-
2 350
income
-
-
-
352
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
-
-
-
424
Employee
525
-
2 297
-
social contributions
53
-
53
-
income
57
-
594
-
total
110
-
647
-
Employer
525
-
2 297
-
social contributions
53
-
53
-
total
53
-
53
-
Corporate
1 772
2 350
-
-
income
620
822
-
-
total
620
822
-
-
Dividends
1 152
1 528
-
-
social contributions
60
60
-
-
total
60
60
-
-
Income
2 350
2 350
2 350
2 350
Total tax
843
882
700
424
After tax
1 507
1 468
1 650
1 926
Living cost
415
415
415
415
Free-cash
1 092
1 053
1 235
1 511

Estimated living cost  is $415 per week

$274
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
$1196
$1208
$1267
$1191
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
-
-
-
2 350
income
-
-
-
352
health
-
-
-
164
social contributions
-
-
-
324
total
-
-
-
840
Employee
388
-
2 350
-
health
27
-
164
-
income
65
-
411
-
social contributions
54
-
324
-
total
146
-
899
-
Employer
388
-
2 350
-
total
-
-
-
-
Corporate
1 962
2 350
-
-
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%.

98
117
-
-
total
98
117
-
-
Dividends
1 864
2 233
-
-
social contributions
257
308
-
-
withholding
280
335
-
-
health
130
156
-
-
total
667
799
-
-
Income
2 350
2 350
2 350
2 350
Total tax
911
916
899
840
After tax
1 439
1 434
1 451
1 510
Living cost
243
243
243
243
Free-cash
1 196
1 191
1 208
1 267

Estimated living cost  is $243 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
$1182
$962
$1064
$1297
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
-
-
-
2 350
income
-
-
-
249
health
-
-
-
317
social contributions
-
-
-
374
solidarity contribution
-
-
-
26
total
-
-
-
966
Employee
471
-
1 862
-
health
64
-
251
-
solidarity contribution
-
-
17
-
income
57
-
229
-
social contributions
31
-
83
-
total
152
-
580
-
Employer
471
-
1 862
-
health
42
-
168
-
social contributions
118
-
320
-
total
160
-
488
-
Corporate
1 719
2 350
-
-
income
327
447
-
-
total
327
447
-
-
Dividends
1 392
1 903
-
-
withholding
209
286
-
-
total
209
286
-
-
Income
2 350
2 350
2 350
2 350
Total tax
848
733
1 068
966
After tax
1 502
1 617
1 282
1 384
Living cost
320
320
320
320
Free-cash
1 182
1 297
962
1 064

Estimated living cost  is $320 per week

$238
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
$2068
$1742
$2189
$2094
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%.

-
-
-
2 350
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
173
-
2 350
-
income
35
-
470
-
total
35
-
470
-
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%.

2 177
2 350
-
-
total
-
-
-
-
Dividends
2 177
2 350
-
-
withholding
109
118
-
-
total
109
118
-
-
Income
2 350
2 350
2 350
2 350
Total tax
144
118
470
23
After tax
2 206
2 232
1 880
2 327
Living cost
138
138
138
138
Free-cash
2 068
2 094
1 742
2 189

Estimated living cost  is $138 per week

$94
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.
$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.
$34
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
$709
$699
$752
$631
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
-
-
-
2 350
income
-
-
-
408
other
-
-
-
73
health
-
-
-
110
social contributions
-
-
-
67
pensions
-
-
-
387
surtax
-
-
-
-
total
-
-
-
1 045
Employee
717
-
1 802
-
pensions
81
-
132
-
income
63
-
368
-
social contributions
20
-
51
-
surtax
-
-
-
-
total
164
-
551
-
Employer
717
-
1 802
-
health
50
-
175
-
social contributions
2
-
5
-
pensions
118
-
221
-
unemployment
29
-
73
-
other
25
-
73
-
total
224
-
547
-
Corporate
1 410
2 350
-
-
income
395
658
-
-
surtax
-
-
-
-
total
395
658
-
-
Dividends
1 015
1 692
-
-
social contributions
175
291
-
-
surtax
-
-
-
-
withholding
130
217
-
-
total
305
508
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 088
1 166
1 098
1 045
After tax
1 262
1 184
1 252
1 305
Living cost
553
553
553
553
Free-cash
709
631
699
752

Estimated living cost  is $553 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
$1445
$1296
$1294
$1500
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.

-
-
-
2 350
pensions
-
-
-
219
unemployment
-
-
-
13
income
-
-
-
540
health
-
-
-
87
total
-
-
-
859
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
-
2 199
-
health
15
-
43
-
unemployment
2
-
6
-
pensions
42
-
118
-
income
41
-
540
-
total
100
-
707
-
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
-
2 199
-
health
15
-
43
-
pensions
36
-
101
-
unemployment
2
-
6
-
total
53
-
150
-
Corporate
1 999
2 350
-
-
income
300
353
-
-
total
300
353
-
-
Dividends
1 699
1 997
-
-
withholding
255
300
-
-
total
255
300
-
-
Income
2 350
2 350
2 350
2 350
Total tax
708
653
857
859
After tax
1 642
1 697
1 493
1 491
Living cost
197
197
197
197
Free-cash
1 445
1 500
1 296
1 294

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
$631
$999
$1083
$296
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
-
-
-
2 350
pensions
-
-
-
216
city
-
-
-
25
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.

-
-
-
47
health
-
-
-
5
regional
-
-
-
133
national
-
-
-
63
total
-
-
-
489
Employee
911
-
2 117
-
health
2
-
5
-
unemployment
-
-
-
-
city
10
-
23
-
pensions
76
-
163
-
regional
30
-
119
-
national
4
-
53
-
total
122
-
363
-
Employer
911
-
2 117
-
health
2
-
5
-
pensions
76
-
163
-
unemployment
-
-
-
-
other

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

18
-
42
-
total
96
-
210
-
Corporate
1 333
2 350
-
-
regional
282
497
-
-
national
113
200
-
-
total
395
697
-
-
Dividends
938
1 653
-
-
withholding
328
579
-
-
total
328
579
-
-
Income
2 350
2 350
2 350
2 350
Total tax
941
1 276
573
489
After tax
1 409
1 074
1 777
1 861
Living cost
778
778
778
778
Free-cash
631
296
999
1 083

Estimated living cost  is $778 per week

$506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$70
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$10
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$193
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Helsinki , Finland
$1047
$759
$1029
$1013
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

-
-
-
2 350
municipal
-
-
-
417
health
-
-
-
31
national
-
-
-
434
total
-
-
-
882
Employee
602
-
1 977
-
health
4
-
26
-
unemployment
9
-
30
-
pensions
41
-
133
-
national
10
-
268
-
municipal
99
-
322
-
total
163
-
779
-
Employer
602
-
1 977
-
health
5
-
15
-
pensions
104
-
343
-
accident
1
-
2
-
unemployment
4
-
13
-
total
114
-
373
-
Corporate
1 634
2 350
-
-
income
327
470
-
-
total
327
470
-
-
Dividends

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

981
1 410
-
-
municipal
177
254
-
-
national
83
174
-
-
total
260
428
-
-
Income
2 350
2 350
2 350
2 350
Total tax
864
898
1 152
882
After tax
1 486
1 452
1 198
1 468
Living cost
439
439
439
439
Free-cash
1 047
1 013
759
1 029

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
$724
$390
$604
$885
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
-
-
-
2 350
communal

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

-
-
-
124
social contributions
-
-
-
285
national
-
-
-
920
total
-
-
-
1 329
Employee

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

818
-
1 820
-
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
-
86
-
communal

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

43
-
95
-
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
-
137
-
national
252
-
679
-
total
401
-
1 013
-
Employer

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

818
-
1 820
-
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
-
112
-
pensions

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

73
-
161
-
surtax
93
-
206
-
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
-
24
-
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
-
27
-
total
239
-
530
-
Corporate
1 293
2 350
-
-
income
259
486
-
-
surtax
5
10
-
-
total
264
496
-
-
Dividends
1 029
1 854
-
-
withholding

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

305
552
-
-
total
305
552
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 209
1 048
1 543
1 329
After tax
1 141
1 302
807
1 021
Living cost
417
417
417
417
Free-cash
724
885
390
604

Estimated living cost  is $417 per week

$269
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
$776
$688
$700
$786
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
-
-
-
2 350
unemployment
-
-
-
1
municipal
-
-
-
607
other
-
-
-
126
health
-
-
-
68
national
-
-
-
231
accident
-
-
-
2
pensions
-
-
-
118
total
-
-
-
1 153
Employee
708
-
2 008
-
national
-
-
224
-
municipal
211
-
599
-
total
211
-
823
-
Employer
708
-
2 008
-
health
44
-
67
-
pensions
76
-
118
-
accident
1
-
2
-
unemployment
19
-
29
-
other
82
-
126
-
total
222
-
342
-
Corporate
1 420
2 350
-
-
income
312
517
-
-
total
312
517
-
-
Dividends
1 108
1 833
-
-
withholding
332
550
-
-
total
332
550
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 077
1 067
1 165
1 153
After tax
1 273
1 283
1 185
1 197
Living cost
497
497
497
497
Free-cash
776
786
688
700

Estimated living cost  is $497 per week

$329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$49
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
$267
$1629
$1071
$877
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
-
-
-
2 350
income
-
-
-
458
social contributions
-
-
-
268
total
-
-
-
726
Employee
793
-
-
-
income
175
-
-
-
social contributions
65
-
9
-
total
240
-
9
-
Employer
793
-
-
-
social contributions
1 118
-
159
-
total
1 118
-
159
-
Corporate
439
2 350
-
-
income
97
517
-
-
total
97
517
-
-
Dividends
342
1 833
-
-
income
75
403
-
-
total
75
403
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 530
920
168
726
After tax
820
1 430
2 182
1 624
Living cost
553
553
553
553
Free-cash
267
877
1 629
1 071

Estimated living cost  is $553 per week

$359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$52
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$135
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
$1294
$1199
$1219
$1343
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
-
-
-
2 350
income
-
-
-
515
health
-
-
-
60
social contributions
-
-
-
185
total
-
-
-
760
Employee
880
880
2 211
-
health
9
15
38
-
income
92
81
505
-
social contributions
43
73
98
-
total
144
169
641
-
Employer
880
880
2 211
-
health
10
16
41
-
social contributions
43
73
98
-
total
53
89
139
-
Corporate
1 783
1 381
-
-
income
223
173
-
-
total
223
173
-
-
Dividends
1 560
1 208
-
-
withholding
265
205
-
-
total
265
205
-
-
Income
2 350
2 350
2 350
2 350
Total tax
685
636
780
760
After tax
1 665
1 714
1 570
1 590
Living cost
371
371
371
371
Free-cash
1 294
1 343
1 199
1 219

Estimated living cost  is $371 per week

$254
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
$1149
$907
$1117
$1083
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 350
income
-
-
-
714
pensions
-
-
-
108
total
-
-
-
822
Employee
564
-
2 049
-
health
7
-
28
-
pensions
43
-
129
-
income
103
-
574
-
total
153
-
731
-
Employer
564
-
2 049
-
health
11
-
39
-
pensions
57
-
262
-
total
68
-
301
-
Corporate
1 718
2 350
-
-
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.

327
447
-
-
total
327
447
-
-
Dividends
1 392
1 903
-
-
withholding
242
409
-
-
total
242
409
-
-
Income
2 350
2 350
2 350
2 350
Total tax
790
856
1 032
822
After tax
1 560
1 494
1 318
1 528
Living cost
411
411
411
411
Free-cash
1 149
1 083
907
1 117

Estimated living cost  is $411 per week

$282
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
$729
$540
$634
$782
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
-
-
-
2 350
municipal
-
-
-
16
regional
-
-
-
55
social contributions
-
-
-
573
national
-
-
-
616
total
-
-
-
1 260
Employee
964
-
2 350
-
social contributions
325
-
751
-
regional
15
-
49
-
national
163
-
540
-
municipal
6
-
14
-
total
509
-
1 354
-
Employer
964
-
2 350
-
total
-
-
-
-
Corporate
1 386
2 350
-
-
nationa
333
564
-
-
municipal
67
113
-
-
total
400
677
-
-
Dividends
986
1 673
-
-
withholding
256
435
-
-
total
256
435
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 165
1 112
1 354
1 260
After tax
1 185
1 238
996
1 090
Living cost
456
456
456
456
Free-cash
729
782
540
634

Estimated living cost  is $456 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
$153
$1047
$1361
-$54
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
-
-
-
2 350
pensions
-
-
-
46
income
-
-
-
668
other
-
-
-
4
health
-
-
-
24
accident
-
-
-
3
total
-
-
-
745
Employee
384
-
2 139
-
health
44
-
245
-
pensions
43
-
85
-
income
53
-
519
-
total
140
-
849
-
Employer
384
-
2 139
-
pensions
63
-
122
-
accident
6
-
36
-
unemployment
9
-
52
-
total
78
-
210
-
Corporate
1 887
2 350
-
-
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.

1 699
2 115
-
-
total
1 699
2 115
-
-
Dividends
189
235
-
-
withholding
36
45
-
-
total
36
45
-
-
Income
2 350
2 350
2 350
2 350
Total tax
1 953
2 160
1 059
745
After tax
397
190
1 291
1 605
Living cost
244
244
244
244
Free-cash
153
-54
1 047
1 361

Estimated living cost  is $244 per week

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

Additional information

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

Berlin , Germany
$916
$1024
$763
$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

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

-
-
-
2 350
trade
-
-
-
261
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.

-
-
-
764
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.

-
-
-
42
total
-
-
-
1 145
Employee

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

569
-
2 350
-
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
-
764
-
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
-
42
-
total
128
-
884
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 781
2 350
-
-
income
267
352
-
-
trade
256
337
-
-
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
542
713
-
-
Dividends
1 239
1 636
-
-
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
22
-
-
withholding
305
405
-
-
total
322
427
-
-
Income
2 350
2 350
2 350
2 350
Total tax
992
1 140
884
1 145
After tax
1 358
1 210
1 466
1 205
Living cost
442
442
442
442
Free-cash
916
768
1 024
763

Estimated living cost  is $442 per week

$305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$48
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$83
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
$1547
$772
$602
$1642
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.

-
-
-
2 350
income
-
-
-
473
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
-
-
-
599
total
-
-
-
1 510
Employee
334
-
1 821
-
income
60
-
397
-
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
-
-
264
-
total
97
-
811
-
Employer
334
-
1 821
-
social contributions

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

81
-
329
-
surtax
-
-
200
-
total
81
-
529
-
Corporate
1 935
2 350
-
-
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%.

387
470
-
-
total
387
470
-
-
Dividends

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

1 548
1 880
-
-
total
-
-
-
-
Income
2 350
2 350
2 350
2 350
Total tax
565
470
1 340
1 510
After tax
1 785
1 880
1 010
840
Living cost
238
238
238
238
Free-cash
1 547
1 642
772
602

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
$1301
$1292
$1302
$1324
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
-
-
-
2 350
income
-
-
-
727
health
-
-
-
75
pensions
-
-
-
104
total
-
-
-
906
Employee
217
-
2 233
-
health
11
-
26
-
unemployment
2
-
5
-
pensions
19
-
47
-
income
42
-
722
-
total
74
-
800
-
Employer
217
-
2 233
-
health
21
-
49
-
pensions
24
-
57
-
unemployment
4
-
10
-
total
49
-
116
-
Corporate
2 085
2 350
-
-
income
459
517
-
-
total
459
517
-
-
Dividends
1 626
1 833
-
-
withholding
325
367
-
-
total
325
367
-
-
Income
2 350
2 350
2 350
2 350
Total tax
907
884
916
906
After tax
1 443
1 466
1 434
1 444
Living cost
142
142
142
142
Free-cash
1 301
1 324
1 292
1 302

Estimated living cost  is $142 per week

$85
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$43
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
$1184
$781
$852
$1221
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
-
-
-
2 350
pensions
-
-
-
305
unemployment
-
-
-
3
income
-
-
-
709
other
-
-
-
-
health
-
-
-
108
surtax
-
-
-
116
total
-
-
-
1 241
Employee
385
-
2 029
-
health
10
-
39
-
unemployment
27
-
106
-
pensions
26
-
102
-
income
65
-
641
-
other
-
-
-
-
surtax
1
-
103
-
total
129
-
991
-
Employer
385
-
2 029
-
health
18
-
69
-
pensions
51
-
204
-
unemployment
12
-
48
-
other
-
-
-
-
total
81
-
321
-
Corporate
1 884
2 350
-
-
income
490
611
-
-
total
490
611
-
-
Dividends
1 394
1 739
-
-
withholding
209
261
-
-
total
209
261
-
-
Income
2 350
2 350
2 350
2 350
Total tax
909
872
1 312
1 241
After tax
1 441
1 478
1 038
1 109
Living cost
257
257
257
257
Free-cash
1 184
1 221
781
852

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.
$74
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
$928
$253
$845
$930
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
-
-
-
2 350
pensions
-
-
-
247
chamber of commerce
-
-
-
9
unemployment
-
-
-
70
income
-
-
-
712
health
-
-
-
102
surtax
-
-
-
-
total
-
-
-
1 140
Employee
500
456
1 923
-
health
19
18
52
-
unemployment
15
14
40
-
pensions
51
47
137
-
income
45
34
592
-
other
5
5
13
-
total
135
118
834
-
Employer
500
456
1 923
-
health
19
17
51
-
pensions