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
$ 2400
per

Your estimated
City
free-cash

Valencia , Spain
$992
$1039
$1291
$1244
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
-
-
-
2 400
income
-
-
-
752
accident
-
-
-
9
unemployment
-
-
-
7
pensions
-
-
-
289
other
-
-
-
1
total
-
-
-
1 058
Employee
407
-
2 075
-
other
-
-
1
-
income
78
-
715
-
unemployment
6
-
16
-
pensions
19
-
48
-
total
103
-
780
-
Employer
407
-
2 075
-
unemployment
22
-
56
-
pensions
96
-
241
-
other
3
-
8
-
accident
8
-
20
-
total
129
-
325
-
Corporate
1 864
2 400
-
-
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.

280
360
-
-
total
280
360
-
-
Dividends
1 584
2 040
-
-
withholding
341
446
-
-
total
341
446
-
-
Income
2 400
2 400
2 400
2 400
Total tax
853
806
1 105
1 058
After tax
1 547
1 594
1 295
1 342
Living cost
303
303
303
303
Free-cash
1 244
1 291
992
1 039

Estimated living cost  is $303 per week

$204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$29
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
$1118
$1137
$1470
$1395
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
-
-
-
2 400
income
-
-
-
415
health
-
-
-
74
pensions

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

-
-
-
402
other
-
-
-
79
total
-
-
-
970
Employee
399
-
1 976
-
income
69
-
408
-
health
6
-
23
-
unemployment
4
-
17
-
pensions

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

28
-
117
-
total
107
-
565
-
Employer
399
-
1 976
-
unemployment
4
-
17
-
pensions

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

68
-
284
-
other
20
-
84
-
accident
3
-
16
-
health
6
-
23
-
total
101
-
424
-
Corporate
1 900
2 400
-
-
income
399
504
-
-
total
399
504
-
-
Dividends
1 501
1 896
-
-
withholding
105
133
-
-
total
105
133
-
-
Income
2 400
2 400
2 400
2 400
Total tax
712
637
989
970
After tax
1 688
1 763
1 411
1 430
Living cost
293
293
293
293
Free-cash
1 395
1 470
1 118
1 137

Estimated living cost  is $293 per week

$207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$62
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
$1893
$1793
$1908
$1857
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
-
-
-
2 400
income
-
-
-
360
health
-
-
-
44
unemployment
-
-
-
2
pensions

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

-
-
-
57
total
-
-
-
463
Employee
191
-
2 325
-
income
19
-
232
-
health
9
-
18
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
pensions

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

17
-
34
-
total
47
-
288
-
Employer
191
-
2 325
-
unemployment
1
-
2
-
pensions

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

21
-
42
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
health
13
-
27
-
total
37
-
75
-
Corporate
2 172
2 400
-
-
income
217
240
-
-
total
217
240
-
-
Dividends
1 954
2 160
-
-
withholding
98
108
-
-
total
98
108
-
-
Income
2 400
2 400
2 400
2 400
Total tax
399
348
363
463
After tax
2 001
2 052
2 037
1 937
Living cost
144
144
144
144
Free-cash
1 857
1 908
1 893
1 793

Estimated living cost  is $144 per week

$84
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$10
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$46
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
$879
$944
$834
$900
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
-
-
-
2 400
income
-
-
-
438
social contributions
-
-
-
68
health
-
-
-
116
surtax
-
-
-
-
pensions
-
-
-
384
other
-
-
-
74
total
-
-
-
1 080
Employee
471
-
1 834
-
income
28
-
390
-
social contributions
13
-
52
-
surtax
-
-
-
-
pensions
53
-
137
-
total
94
-
579
-
Employer
471
-
1 834
-
unemployment
19
-
74
-
social contributions
1
-
6
-
pensions
77
-
229
-
other
16
-
76
-
health
33
-
181
-
total
146
-
566
-
Corporate
1 782
2 400
-
-
income
499
672
-
-
surtax
-
-
-
-
total
499
672
-
-
Dividends
1 283
1 728
-
-
withholding
164
221
-
-
surtax
-
-
-
-
social contributions
221
297
-
-
total
385
518
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 124
1 190
1 145
1 080
After tax
1 276
1 210
1 255
1 320
Living cost
376
376
376
376
Free-cash
900
834
879
944

Estimated living cost  is $376 per week

$237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$31
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
$1074
$831
$734
$667
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
-
-
-
2 400
income
-
-
-
843
health
-
-
-
136
pensions
-
-
-
129
total
-
-
-
1 108
Employee
939
939
2 196
-
income

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

154
154
396
-
health
144
123
136
-
pensions
169
129
129
-
total
467
406
661
-
Employer
939
939
2 196
-
unemployment
34
34
42
-
pensions
65
65
81
-
health
65
65
81
-
total
164
164
204
-
Corporate
1 308
1 296
-
-
income
262
259
-
-
total
262
259
-
-
Dividends
1 046
1 037
-
-
withholding
157
156
-
-
income
222
220
-
-
total
379
376
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 272
1 205
865
1 108
After tax
1 128
1 195
1 535
1 292
Living cost
461
461
461
461
Free-cash
667
734
1 074
831

Estimated living cost  is $461 per week

$327
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.
$85
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
$1155
$858
$877
$998
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.

-
-
-
2 400
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.

-
-
-
793
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.

-
-
-
75
trade
-
-
-
297
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.

-
-
-
44
total
-
-
-
1 209
Employee

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

421
-
2 400
-
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
-
793
-
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.

75
-
75
-
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
-
44
-
total
88
-
912
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 979
2 400
-
-
chamber of commerce
5
5
-
-
income
297
360
-
-
surtax

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

16
20
-
-
trade
312
378
-
-
total
630
763
-
-
Dividends
1 350
1 637
-
-
withholding
333
405
-
-
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
-
-
total
351
427
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 069
1 190
912
1 209
After tax
1 331
1 210
1 488
1 191
Living cost
333
333
333
333
Free-cash
998
877
1 155
858

Estimated living cost  is $333 per week

$210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$39
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$79
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
$1342
$1362
$1495
$1434
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
-
-
-
2 400
income
-
-
-
544
social contributions
-
-
-
178
health
-
-
-
61
total
-
-
-
783
Employee
846
846
2 263
-
income
92
78
533
-
social contributions
32
70
95
-
health
7
14
38
-
total
131
162
666
-
Employer
846
846
2 263
-
social contributions
32
70
95
-
health
7
16
42
-
total
39
86
137
-
Corporate
1 976
1 468
-
-
income
247
184
-
-
total
247
184
-
-
Dividends
1 729
1 285
-
-
withholding
294
218
-
-
total
294
218
-
-
Income
2 400
2 400
2 400
2 400
Total tax
711
650
803
783
After tax
1 689
1 750
1 597
1 617
Living cost
255
255
255
255
Free-cash
1 434
1 495
1 342
1 362

Estimated living cost  is $255 per week

$153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$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
Lisbon , Portugal
$726
$911
$1020
$1009
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.

-
-
-
2 400
income
-
-
-
310
social contributions

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

-
-
-
834
surtax
-
-
-
-
total
-
-
-
1 144
Employee
506
-
1 939
-
income
105
-
654
-
social contributions
56
-
213
-
surtax
-
-
1
-
total
161
-
868
-
Employer
506
-
1 939
-
social contributions
120
-
461
-
total
120
-
461
-
Corporate
1 774
2 400
-
-
income
373
504
-
-
surtax
-
-
-
-
total
373
504
-
-
Dividends
1 401
1 896
-
-
withholding
392
531
-
-
total
392
531
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 046
1 035
1 329
1 144
After tax
1 354
1 365
1 071
1 256
Living cost
345
345
345
345
Free-cash
1 009
1 020
726
911

Estimated living cost  is $345 per week

$258
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.
$61
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
$1838
$2294
$2198
$2182
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%.

-
-
-
2 400
microenterprise

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

-
-
-
24
total
-
-
-
24
Employee
103
-
2 400
-
income
21
-
480
-
total
21
-
480
-
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%.

2 297
2 400
-
-
total
-
-
-
-
Dividends
2 297
2 400
-
-
withholding
115
120
-
-
total
115
120
-
-
Income
2 400
2 400
2 400
2 400
Total tax
136
120
480
24
After tax
2 264
2 280
1 920
2 376
Living cost
82
82
82
82
Free-cash
2 182
2 198
1 838
2 294

Estimated living cost  is $82 per week

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

Additional information

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

Ljubljana , Slovenia
$775
$827
$1357
$1267
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.

-
-
-
2 400
income
-
-
-
600
health
-
-
-
236
unemployment
-
-
-
4
pensions
-
-
-
438
total
-
-
-
1 278
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.

486
-
2 077
-
income
84
-
548
-
health
31
-
134
-
unemployment
1
-
3
-
pensions
75
-
322
-
total
191
-
1 007
-
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.

486
-
2 077
-
unemployment
-
-
1
-
pensions
43
-
184
-
health
32
-
138
-
total
75
-
323
-
Corporate
1 838
2 400
-
-
income
349
456
-
-
total
349
456
-
-
Dividends
1 489
1 944
-
-
withholding
223
292
-
-
total
223
292
-
-
Income
2 400
2 400
2 400
2 400
Total tax
838
748
1 330
1 278
After tax
1 562
1 652
1 070
1 122
Living cost
295
295
295
295
Free-cash
1 267
1 357
775
827

Estimated living cost  is $295 per week

$203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$19
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$68
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
$1278
$1569
$1103
$1140
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.

-
-
-
2 400
income
-
-
-
360
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
-
-
-
432
Employee
505
-
2 349
-
social contributions
51
-
51
-
income
55
-
621
-
total
106
-
672
-
Employer
505
-
2 349
-
social contributions
51
-
51
-
total
51
-
51
-
Corporate
1 845
2 400
-
-
income
646
840
-
-
total
646
840
-
-
Dividends
1 199
1 560
-
-
social contributions
58
58
-
-
total
58
58
-
-
Income
2 400
2 400
2 400
2 400
Total tax
861
898
723
432
After tax
1 539
1 502
1 677
1 968
Living cost
399
399
399
399
Free-cash
1 140
1 103
1 278
1 569

Estimated living cost  is $399 per week

$263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$31
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$99
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
$1245
$1308
$1231
$1238
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
-
-
-
2 400
income
-
-
-
360
social contributions
-
-
-
331
health
-
-
-
168
total
-
-
-
859
Employee
373
-
2 400
-
income
62
-
423
-
social contributions
51
-
331
-
health
26
-
168
-
total
139
-
922
-
Employer
373
-
2 400
-
total
-
-
-
-
Corporate
2 027
2 400
-
-
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%.

101
120
-
-
total
101
120
-
-
Dividends
1 926
2 280
-
-
withholding
289
342
-
-
health
134
159
-
-
social contributions
266
315
-
-
total
689
816
-
-
Income
2 400
2 400
2 400
2 400
Total tax
929
936
922
859
After tax
1 471
1 464
1 478
1 541
Living cost
233
233
233
233
Free-cash
1 238
1 231
1 245
1 308

Estimated living cost  is $233 per week

$156
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.
$57
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
$1020
$1126
$1350
$1243
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
-
-
-
2 400
income
-
-
-
259
social contributions
-
-
-
353
solidarity contribution
-
-
-
36
health
-
-
-
324
total
-
-
-
972
Employee
444
-
1 925
-
solidarity contribution
-
-
27
-
income
53
-
238
-
social contributions
29
-
78
-
health
60
-
260
-
total
142
-
603
-
Employer
444
-
1 925
-
social contributions
111
-
302
-
health
40
-
173
-
total
151
-
475
-
Corporate
1 805
2 400
-
-
income
343
456
-
-
total
343
456
-
-
Dividends
1 462
1 944
-
-
withholding
219
292
-
-
total
219
292
-
-
Income
2 400
2 400
2 400
2 400
Total tax
855
748
1 078
972
After tax
1 545
1 652
1 322
1 428
Living cost
302
302
302
302
Free-cash
1 243
1 350
1 020
1 126

Estimated living cost  is $302 per week

$225
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$55
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
$1792
$2248
$2152
$2128
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%.

-
-
-
2 400
microenterprise

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

-
-
-
24
total
-
-
-
24
Employee
161
-
2 400
-
income
32
-
480
-
total
32
-
480
-
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
2 400
-
-
total
-
-
-
-
Dividends
2 239
2 400
-
-
withholding
112
120
-
-
total
112
120
-
-
Income
2 400
2 400
2 400
2 400
Total tax
144
120
480
24
After tax
2 256
2 280
1 920
2 376
Living cost
128
128
128
128
Free-cash
2 128
2 152
1 792
2 248

Estimated living cost  is $128 per week

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

Additional information

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

Paris , France
$724
$789
$679
$754
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
-
-
-
2 400
income
-
-
-
438
social contributions
-
-
-
68
health
-
-
-
116
surtax
-
-
-
-
pensions
-
-
-
384
other
-
-
-
74
total
-
-
-
1 080
Employee
689
-
1 834
-
income
60
-
390
-
social contributions
20
-
52
-
surtax
-
-
-
-
pensions
78
-
137
-
total
158
-
579
-
Employer
689
-
1 834
-
unemployment
28
-
74
-
social contributions
2
-
6
-
pensions
113
-
229
-
other
24
-
76
-
health
48
-
181
-
total
215
-
566
-
Corporate
1 496
2 400
-
-
income
419
672
-
-
surtax
-
-
-
-
total
419
672
-
-
Dividends
1 077
1 728
-
-
withholding
138
221
-
-
surtax
-
-
-
-
social contributions
185
297
-
-
total
323
518
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 115
1 190
1 145
1 080
After tax
1 285
1 210
1 255
1 320
Living cost
531
531
531
531
Free-cash
754
679
724
789

Estimated living cost  is $531 per week

$360
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.
$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.
$121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
$1350
$1350
$1544
$1491
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.

-
-
-
2 400
income
-
-
-
554
health
-
-
-
83
unemployment
-
-
-
12
pensions
-
-
-
211
total
-
-
-
860
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.

286
-
2 255
-
income
39
-
554
-
health
15
-
42
-
unemployment
2
-
6
-
pensions
40
-
113
-
total
96
-
715
-
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.

286
-
2 255
-
unemployment
2
-
6
-
pensions
34
-
97
-
health
15
-
42
-
total
51
-
145
-
Corporate
2 063
2 400
-
-
income
309
360
-
-
total
309
360
-
-
Dividends
1 753
2 040
-
-
withholding
263
306
-
-
total
263
306
-
-
Income
2 400
2 400
2 400
2 400
Total tax
719
666
860
860
After tax
1 681
1 734
1 540
1 540
Living cost
190
190
190
190
Free-cash
1 491
1 544
1 350
1 350

Estimated living cost  is $190 per week

$128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$42
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
$1044
$1125
$327
$656
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
-
-
-
2 400
regional
-
-
-
138
national
-
-
-
68
health
-
-
-
5
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.

-
-
-
48
pensions
-
-
-
221
total
-
-
-
505
Employee
901
-
2 163
-
regional
30
-
124
-
city
10
-
23
-
health
2
-
5
-
unemployment
-
-
-
-
national
4
-
56
-
pensions
76
-
165
-
total
122
-
373
-
Employer
901
-
2 163
-
unemployment
-
-
-
-
pensions
76
-
165
-
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
-
43
-
health
2
-
5
-
total
96
-
213
-
Corporate
1 393
2 400
-
-
regional
295
508
-
-
national
118
204
-
-
total
413
712
-
-
Dividends
980
1 688
-
-
withholding
343
591
-
-
total
343
591
-
-
Income
2 400
2 400
2 400
2 400
Total tax
974
1 303
586
505
After tax
1 426
1 097
1 814
1 895
Living cost
770
770
770
770
Free-cash
656
327
1 044
1 125

Estimated living cost  is $770 per week

$501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$69
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$9
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.
$191
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
$785
$1059
$1053
$1087
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

-
-
-
2 400
municipal
-
-
-
426
national
-
-
-
461
health
-
-
-
32
total
-
-
-
919
Employee
579
-
2 019
-
health
4
-
26
-
unemployment
9
-
30
-
national
10
-
291
-
municipal
95
-
329
-
pensions
39
-
136
-
total
157
-
812
-
Employer
579
-
2 019
-
unemployment
4
-
13
-
pensions
100
-
350
-
accident
1
-
2
-
health
4
-
16
-
total
109
-
381
-
Corporate
1 712
2 400
-
-
income
342
480
-
-
total
342
480
-
-
Dividends

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

1 027
1 440
-
-
national
98
186
-
-
municipal
185
259
-
-
total
283
445
-
-
Income
2 400
2 400
2 400
2 400
Total tax
891
925
1 193
919
After tax
1 509
1 475
1 207
1 481
Living cost
422
422
422
422
Free-cash
1 087
1 053
785
1 059

Estimated living cost  is $422 per week

$276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$41
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$99
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
$419
$642
$920
$776
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
-
-
-
2 400
national
-
-
-
955
social contributions
-
-
-
274
communal

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

-
-
-
128
total
-
-
-
1 357
Employee

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

787
-
1 859
-
health

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

37
-
87
-
communal

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

41
-
97
-
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
-
national
242
-
700
-
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.

59
-
139
-
total
386
-
1 039
-
Employer

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

787
-
1 859
-
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.

11
-
27
-
pensions

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

70
-
165
-
surtax
89
-
211
-
accident

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

10
-
24
-
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.

48
-
114
-
total
228
-
541
-
Corporate
1 384
2 400
-
-
income
277
508
-
-
surtax
6
10
-
-
total
283
518
-
-
Dividends
1 102
1 882
-
-
withholding

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

326
561
-
-
total
326
561
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 223
1 079
1 580
1 357
After tax
1 177
1 321
820
1 043
Living cost
401
401
401
401
Free-cash
776
920
419
642

Estimated living cost  is $401 per week

$258
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$35
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$101
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
$745
$756
$858
$848
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
-
-
-
2 400
municipal
-
-
-
630
national
-
-
-
275
health
-
-
-
62
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
107
other
-
-
-
115
total
-
-
-
1 192
Employee
644
-
2 089
-
national
-
-
269
-
municipal
192
-
623
-
total
192
-
892
-
Employer
644
-
2 089
-
unemployment
17
-
26
-
pensions
70
-
107
-
other
75
-
115
-
accident
1
-
2
-
health
40
-
61
-
total
203
-
311
-
Corporate
1 553
2 400
-
-
income
342
528
-
-
total
342
528
-
-
Dividends
1 211
1 872
-
-
withholding
363
562
-
-
total
363
562
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 100
1 090
1 203
1 192
After tax
1 300
1 310
1 197
1 208
Living cost
452
452
452
452
Free-cash
848
858
745
756

Estimated living cost  is $452 per week

$300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$44
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$101
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
$1745
$1156
$958
$405
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
-
-
-
2 400
income
-
-
-
468
social contributions
-
-
-
274
total
-
-
-
742
Employee
719
-
-
-
income
159
-
-
-
social contributions
59
-
8
-
total
218
-
8
-
Employer
719
-
-
-
social contributions
1 014
-
145
-
total
1 014
-
145
-
Corporate
666
2 400
-
-
income
147
528
-
-
total
147
528
-
-
Dividends
520
1 872
-
-
income
114
412
-
-
total
114
412
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 493
940
153
742
After tax
907
1 460
2 247
1 658
Living cost
502
502
502
502
Free-cash
405
958
1 745
1 156

Estimated living cost  is $502 per week

$326
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.
$123
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
$1240
$1260
$1393
$1347
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
-
-
-
2 400
income
-
-
-
544
social contributions
-
-
-
178
health
-
-
-
61
total
-
-
-
783
Employee
846
846
2 263
-
income
89
78
533
-
social contributions
41
70
95
-
health
8
14
38
-
total
138
162
666
-
Employer
846
846
2 263
-
social contributions
41
70
95
-
health
9
16
42
-
total
50
86
137
-
Corporate
1 855
1 468
-
-
income
232
184
-
-
total
232
184
-
-
Dividends
1 623
1 285
-
-
withholding
276
218
-
-
total
276
218
-
-
Income
2 400
2 400
2 400
2 400
Total tax
696
650
803
783
After tax
1 704
1 750
1 597
1 617
Living cost
357
357
357
357
Free-cash
1 347
1 393
1 240
1 260

Estimated living cost  is $357 per week

$244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$28
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$79
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
$938
$1152
$1116
$1180
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
-
-
-
2 400
income
-
-
-
739
pensions
-
-
-
107
total
-
-
-
846
Employee
551
-
2 092
-
income
100
-
596
-
health
7
-
28
-
pensions
42
-
128
-
total
149
-
752
-
Employer
551
-
2 092
-
pensions
56
-
268
-
health
10
-
40
-
total
66
-
308
-
Corporate
1 782
2 400
-
-
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.

339
456
-
-
total
339
456
-
-
Dividends
1 444
1 944
-
-
withholding
264
426
-
-
total
264
426
-
-
Income
2 400
2 400
2 400
2 400
Total tax
818
882
1 060
846
After tax
1 582
1 518
1 340
1 554
Living cost
402
402
402
402
Free-cash
1 180
1 116
938
1 152

Estimated living cost  is $402 per week

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

Additional information

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

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

Rome , Italy
$594
$683
$826
$775
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
-
-
-
2 400
municipal
-
-
-
17
regional
-
-
-
58
national
-
-
-
653
social contributions
-
-
-
551
total
-
-
-
1 279
Employee
927
-
2 400
-
regional
14
-
52
-
social contributions
313
-
722
-
national
157
-
579
-
municipal
6
-
15
-
total
490
-
1 368
-
Employer
927
-
2 400
-
total
-
-
-
-
Corporate
1 473
2 400
-
-
nationa
353
576
-
-
municipal
71
116
-
-
total
424
692
-
-
Dividends
1 048
1 708
-
-
withholding
273
444
-
-
total
273
444
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 187
1 136
1 368
1 279
After tax
1 213
1 264
1 032
1 121
Living cost
438
438
438
438
Free-cash
775
826
594
683

Estimated living cost  is $438 per week

$308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$30
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$94
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
$1093
$1408
-$36
$159
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
-
-
-
2 400
income
-
-
-
688
health
-
-
-
23
accident
-
-
-
3
pensions
-
-
-
44
other
-
-
-
4
total
-
-
-
762
Employee
362
-
2 194
-
income
50
-
540
-
health
41
-
251
-
pensions
41
-
80
-
total
132
-
871
-
Employer
362
-
2 194
-
unemployment
9
-
54
-
pensions
59
-
115
-
accident
6
-
37
-
total
74
-
206
-
Corporate
1 964
2 400
-
-
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.

1 768
2 160
-
-
total
1 768
2 160
-
-
Dividends
196
240
-
-
withholding
37
46
-
-
total
37
46
-
-
Income
2 400
2 400
2 400
2 400
Total tax
2 011
2 206
1 077
762
After tax
389
194
1 323
1 638
Living cost
230
230
230
230
Free-cash
159
-36
1 093
1 408

Estimated living cost  is $230 per week

$169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$13
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$44
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
$1063
$792
$810
$955
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.

-
-
-
2 400
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.

-
-
-
793
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.

-
-
-
75
trade
-
-
-
271
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.

-
-
-
44
total
-
-
-
1 183
Employee

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

547
-
2 400
-
income

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

45
-
793
-
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.

75
-
75
-
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.

2
-
44
-
total
122
-
912
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 853
2 400
-
-
chamber of commerce
4
5
-
-
income
278
360
-
-
surtax

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

15
20
-
-
trade
266
344
-
-
total
563
729
-
-
Dividends
1 289
1 671
-
-
withholding
318
413
-
-
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
23
-
-
total
335
436
-
-
Income
2 400
2 400
2 400
2 400
Total tax
1 020
1 165
912
1 183
After tax
1 380
1 235
1 488
1 217
Living cost
425
425
425
425
Free-cash
955
810
1 063
792

Estimated living cost  is $425 per week

$293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$46
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$80
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

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
$810
$638
$1691
$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.

-
-
-
2 400
microenterprise
-
-
-
-
income
-
-
-
499
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.

-
-
-
422
surtax
-
-
-
612
total
-
-
-
1 533
Employee
321
-
1 878
-
income
57
-
422
-
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.

35
-
144
-
surtax
-
-
272
-
total
92
-
838
-
Employer
321
-
1 878
-
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.

77
-
316
-
surtax
-
-
207
-
total
77
-
523
-
Corporate
2 001
2 400
-
-
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%.

400
480
-
-
total
400
480
-
-
Dividends

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

1 601
1 920
-
-
total
-
-
-
-
Income
2 400
2 400
2 400
2 400
Total tax
569
480
1 361
1 533
After tax
1 831
1 920
1 039
867
Living cost
229
229
229
229
Free-cash
1 602
1 691
810
638

Estimated living cost  is $229 per week

$146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$22
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$56
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
$1325
$1334
$1356
$1331
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
-
-
-
2 400
income
-
-
-
745
health
-
-
-
75
pensions
-
-
-
104
total
-
-
-
924
Employee
217
-
2 283
-
income
42
-
739
-
health
11
-
26
-
unemployment
2
-
5
-
pensions
20
-
47
-
total
75
-
817
-
Employer
217
-
2 283
-
unemployment
4
-
10
-
pensions
24
-
57
-
health
21
-
49
-
total
49
-
116
-
Corporate
2 134
2 400
-
-
income
470
528
-
-
total
470
528
-
-
Dividends
1 665
1 872
-
-
withholding
333
374
-
-
total
333
374
-
-
Income
2 400
2 400
2 400
2 400
Total tax
927
902
933
924
After tax
1 473
1 498
1 467
1 476
Living cost
142
142
142
142
Free-cash
1 331
1 356
1 325
1 334

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
$814
$882
$1263
$1228
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
-
-
-
2 400
income
-
-
-
745
health
-
-
-
104
unemployment
-
-
-
3
surtax
-
-
-
125
pensions
-
-
-
294
other
-
-
-
-
total
-
-
-
1 271
Employee
371
-
2 091
-
other
-
-
-
-
income
62
-
680
-
health
9
-
37
-
unemployment
26
-
102
-
surtax
1
-
112
-
pensions
25
-
98
-
total
123
-
1 029
-
Employer
371
-
2 091
-
unemployment
12
-
47
-
pensions
49
-
196
-
other
-
-
-
-
health
17
-
67
-
total
78
-
310
-
Corporate
1 952
2 400
-
-
income
507
624
-
-
total
507
624
-
-
Dividends
1 444
1 776
-
-
withholding
217
266
-
-
total
217
266
-
-
Income
2 400
2 400
2 400
2 400
Total tax
925
890
1 339
1 271
After tax
1 475
1 510
1 061
1 129
Living cost
247
247
247
247
Free-cash
1 228
1 263
814
882

Estimated living cost  is $247 per week

$149
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.
$71
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
$278
$882
$973
$970
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
-
-
-
2 400
income
-
-
-
754
chamber of commerce
-
-
-
10
health
-
-
-
98
unemployment
-
-
-
67
surtax
-
-
-
-
pensions
-
-
-
238
total
-
-
-
1 167
Employee
481
438
1 979
-
other
5
4
13
-
income
43
32
632
-
health
19
17
50
-
unemployment
14
13
39
-
pensions
49
45
132
-
total
130
111
866
-
Employer
481
438
1 979
-
unemployment
14
13
39
-
chambe