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
$ 2500
per

Your estimated
City
free-cash

Valencia , Spain
$1048
$1094
$1356
$1307
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
-
-
-
2 500
income
-
-
-
795
accident
-
-
-
9
unemployment
-
-
-
7
pensions
-
-
-
290
other
-
-
-
1
total
-
-
-
1 102
Employee
409
-
2 173
-
other
-
-
1
-
income
79
-
757
-
unemployment
6
-
16
-
pensions
19
-
48
-
total
104
-
822
-
Employer
409
-
2 173
-
unemployment
23
-
56
-
pensions
97
-
242
-
other
3
-
8
-
accident
8
-
20
-
total
131
-
326
-
Corporate
1 960
2 500
-
-
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.

294
375
-
-
total
294
375
-
-
Dividends
1 666
2 125
-
-
withholding
360
465
-
-
total
360
465
-
-
Income
2 500
2 500
2 500
2 500
Total tax
889
840
1 148
1 102
After tax
1 611
1 660
1 352
1 398
Living cost
304
304
304
304
Free-cash
1 307
1 356
1 048
1 094

Estimated living cost  is $304 per week

$206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$29
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
$1186
$1208
$1542
$1468
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
-
-
-
2 500
income
-
-
-
439
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.

-
-
-
404
other
-
-
-
80
total
-
-
-
997
Employee
402
-
2 073
-
income
69
-
432
-
health
6
-
24
-
unemployment
4
-
17
-
pensions

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

28
-
118
-
total
107
-
591
-
Employer
402
-
2 073
-
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
-
286
-
other
20
-
84
-
accident
3
-
17
-
health
6
-
24
-
total
101
-
428
-
Corporate
1 997
2 500
-
-
income
419
525
-
-
total
419
525
-
-
Dividends
1 577
1 975
-
-
withholding
110
138
-
-
total
110
138
-
-
Income
2 500
2 500
2 500
2 500
Total tax
737
663
1 019
997
After tax
1 763
1 837
1 481
1 503
Living cost
295
295
295
295
Free-cash
1 468
1 542
1 186
1 208

Estimated living cost  is $295 per week

$208
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
$1981
$1877
$1993
$1942
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
-
-
-
2 500
income
-
-
-
375
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
-
-
-
478
Employee
192
-
2 424
-
income
19
-
242
-
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
-
298
-
Employer
192
-
2 424
-
unemployment
1
-
2
-
pensions

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

21
-
43
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
health
13
-
27
-
total
37
-
76
-
Corporate
2 270
2 500
-
-
income
227
250
-
-
total
227
250
-
-
Dividends
2 043
2 250
-
-
withholding
102
112
-
-
total
102
112
-
-
Income
2 500
2 500
2 500
2 500
Total tax
413
362
374
478
After tax
2 087
2 138
2 126
2 022
Living cost
145
145
145
145
Free-cash
1 942
1 993
1 981
1 877

Estimated living cost  is $145 per week

$85
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$10
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$46
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
$916
$989
$881
$946
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
-
-
-
2 500
income
-
-
-
468
social contributions
-
-
-
71
health
-
-
-
123
surtax
-
-
-
-
pensions
-
-
-
393
other
-
-
-
77
total
-
-
-
1 132
Employee
474
-
1 907
-
income
28
-
414
-
social contributions
14
-
54
-
surtax
-
-
-
-
pensions
54
-
144
-
total
96
-
612
-
Employer
474
-
1 907
-
unemployment
19
-
77
-
social contributions
1
-
6
-
pensions
78
-
241
-
other
16
-
79
-
health
33
-
190
-
total
147
-
593
-
Corporate
1 878
2 500
-
-
income
526
700
-
-
surtax
-
-
-
-
total
526
700
-
-
Dividends
1 352
1 800
-
-
withholding
173
230
-
-
surtax
-
-
-
-
social contributions
233
310
-
-
total
406
540
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 175
1 240
1 205
1 132
After tax
1 325
1 260
1 295
1 368
Living cost
379
379
379
379
Free-cash
946
881
916
989

Estimated living cost  is $379 per week

$239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$31
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
$1134
$877
$781
$714
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
-
-
-
2 500
income
-
-
-
892
health
-
-
-
137
pensions
-
-
-
130
total
-
-
-
1 159
Employee
946
946
2 294
-
income

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

155
155
429
-
health
145
123
137
-
pensions
170
130
130
-
total
470
408
696
-
Employer
946
946
2 294
-
unemployment
34
34
42
-
pensions
66
66
82
-
health
66
66
82
-
total
166
166
206
-
Corporate
1 401
1 389
-
-
income
280
278
-
-
total
280
278
-
-
Dividends
1 120
1 111
-
-
withholding
168
167
-
-
income
238
236
-
-
total
406
403
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 322
1 255
902
1 159
After tax
1 178
1 245
1 598
1 341
Living cost
464
464
464
464
Free-cash
714
781
1 134
877

Estimated living cost  is $464 per week

$329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$42
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$86
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
$1209
$896
$925
$1047
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.

-
-
-
2 500
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.

-
-
-
834
health

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

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

-
-
-
76
trade
-
-
-
313
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.

-
-
-
46
total
-
-
-
1 269
Employee

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

423
-
2 500
-
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
-
834
-
health

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

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

76
-
76
-
surtax

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

1
-
46
-
total
89
-
956
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 077
2 500
-
-
chamber of commerce
5
5
-
-
income
311
375
-
-
surtax

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

17
21
-
-
trade
327
394
-
-
total
660
795
-
-
Dividends
1 416
1 705
-
-
withholding
350
422
-
-
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.

19
23
-
-
total
369
445
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 118
1 240
956
1 269
After tax
1 382
1 260
1 544
1 231
Living cost
335
335
335
335
Free-cash
1 047
925
1 209
896

Estimated living cost  is $335 per week

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

Additional information

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

Larnaca , Cyprus
$1405
$1425
$1566
$1506
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
-
-
-
2 500
income
-
-
-
576
social contributions
-
-
-
179
health
-
-
-
64
total
-
-
-
819
Employee
851
851
2 361
-
income
93
79
565
-
social contributions
32
71
95
-
health
7
14
40
-
total
132
164
700
-
Employer
851
851
2 361
-
social contributions
32
71
95
-
health
7
16
44
-
total
39
87
139
-
Corporate
2 073
1 562
-
-
income
259
195
-
-
total
259
195
-
-
Dividends
1 814
1 367
-
-
withholding
308
232
-
-
total
308
232
-
-
Income
2 500
2 500
2 500
2 500
Total tax
738
678
839
819
After tax
1 762
1 822
1 661
1 681
Living cost
256
256
256
256
Free-cash
1 506
1 566
1 405
1 425

Estimated living cost  is $256 per week

$154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$72
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
$761
$956
$1075
$1063
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.

-
-
-
2 500
income
-
-
-
328
social contributions

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

-
-
-
869
surtax
-
-
-
-
total
-
-
-
1 197
Employee
509
-
2 020
-
income
106
-
687
-
social contributions
56
-
222
-
surtax
-
-
3
-
total
162
-
912
-
Employer
509
-
2 020
-
social contributions
121
-
480
-
total
121
-
480
-
Corporate
1 870
2 500
-
-
income
393
525
-
-
surtax
-
-
-
-
total
393
525
-
-
Dividends
1 477
1 975
-
-
withholding
414
553
-
-
total
414
553
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 090
1 078
1 392
1 197
After tax
1 410
1 422
1 108
1 303
Living cost
347
347
347
347
Free-cash
1 063
1 075
761
956

Estimated living cost  is $347 per week

$260
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
$1920
$2395
$2295
$2280
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%.

-
-
-
2 500
microenterprise

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

-
-
-
25
total
-
-
-
25
Employee
100
-
2 500
-
income
20
-
500
-
total
20
-
500
-
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%.

2 400
2 500
-
-
total
-
-
-
-
Dividends
2 400
2 500
-
-
withholding
120
125
-
-
total
120
125
-
-
Income
2 500
2 500
2 500
2 500
Total tax
140
125
500
25
After tax
2 360
2 375
2 000
2 475
Living cost
80
80
80
80
Free-cash
2 280
2 295
1 920
2 395

Estimated living cost  is $80 per week

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

Additional information

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

Ljubljana , Slovenia
$809
$862
$1424
$1332
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.

-
-
-
2 500
income
-
-
-
634
health
-
-
-
246
unemployment
-
-
-
4
pensions
-
-
-
457
total
-
-
-
1 341
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.

490
-
2 163
-
income
84
-
580
-
health
32
-
140
-
unemployment
1
-
3
-
pensions
76
-
335
-
total
193
-
1 058
-
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.

490
-
2 163
-
unemployment
-
-
1
-
pensions
43
-
191
-
health
33
-
144
-
total
76
-
336
-
Corporate
1 934
2 500
-
-
income
367
475
-
-
total
367
475
-
-
Dividends
1 567
2 025
-
-
withholding
235
304
-
-
total
235
304
-
-
Income
2 500
2 500
2 500
2 500
Total tax
871
779
1 394
1 341
After tax
1 629
1 721
1 106
1 159
Living cost
297
297
297
297
Free-cash
1 332
1 424
809
862

Estimated living cost  is $297 per week

$204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$19
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$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
$1342
$1651
$1165
$1204
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
2 500
income
-
-
-
375
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
-
-
-
447
Employee
508
-
2 449
-
social contributions
51
-
51
-
income
55
-
654
-
total
106
-
705
-
Employer
508
-
2 449
-
social contributions
51
-
51
-
total
51
-
51
-
Corporate
1 941
2 500
-
-
income
679
875
-
-
total
679
875
-
-
Dividends
1 262
1 625
-
-
social contributions
58
58
-
-
total
58
58
-
-
Income
2 500
2 500
2 500
2 500
Total tax
894
933
756
447
After tax
1 606
1 567
1 744
2 053
Living cost
402
402
402
402
Free-cash
1 204
1 165
1 342
1 651

Estimated living cost  is $402 per week

$265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$32
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$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
$1303
$1371
$1290
$1295
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 500
income
-
-
-
375
social contributions
-
-
-
345
health
-
-
-
174
total
-
-
-
894
Employee
375
-
2 500
-
income
63
-
443
-
social contributions
52
-
345
-
health
26
-
174
-
total
141
-
962
-
Employer
375
-
2 500
-
total
-
-
-
-
Corporate
2 125
2 500
-
-
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%.

106
125
-
-
total
106
125
-
-
Dividends
2 018
2 375
-
-
withholding
303
356
-
-
health
141
166
-
-
social contributions
279
328
-
-
total
723
850
-
-
Income
2 500
2 500
2 500
2 500
Total tax
970
975
962
894
After tax
1 530
1 525
1 538
1 606
Living cost
235
235
235
235
Free-cash
1 295
1 290
1 303
1 371

Estimated living cost  is $235 per week

$157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$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.
$58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
$1086
$1198
$1422
$1315
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
-
-
-
2 500
income
-
-
-
272
social contributions
-
-
-
350
solidarity contribution
-
-
-
43
health
-
-
-
338
total
-
-
-
1 003
Employee
440
-
2 019
-
solidarity contribution
-
-
33
-
income
53
-
250
-
social contributions
29
-
78
-
health
59
-
273
-
total
141
-
634
-
Employer
440
-
2 019
-
social contributions
110
-
299
-
health
40
-
182
-
total
150
-
481
-
Corporate
1 910
2 500
-
-
income
363
475
-
-
total
363
475
-
-
Dividends
1 547
2 025
-
-
withholding
232
304
-
-
total
232
304
-
-
Income
2 500
2 500
2 500
2 500
Total tax
886
779
1 115
1 003
After tax
1 614
1 721
1 385
1 497
Living cost
299
299
299
299
Free-cash
1 315
1 422
1 086
1 198

Estimated living cost  is $299 per week

$223
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
$1876
$2351
$2251
$2228
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%.

-
-
-
2 500
microenterprise

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

-
-
-
25
total
-
-
-
25
Employee
155
-
2 500
-
income
31
-
500
-
total
31
-
500
-
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%.

2 345
2 500
-
-
total
-
-
-
-
Dividends
2 345
2 500
-
-
withholding
117
125
-
-
total
117
125
-
-
Income
2 500
2 500
2 500
2 500
Total tax
148
125
500
25
After tax
2 352
2 375
2 000
2 475
Living cost
124
124
124
124
Free-cash
2 228
2 251
1 876
2 351

Estimated living cost  is $124 per week

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

Additional information

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

Paris , France
$760
$833
$725
$800
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
-
-
-
2 500
income
-
-
-
468
social contributions
-
-
-
71
health
-
-
-
123
surtax
-
-
-
-
pensions
-
-
-
393
other
-
-
-
77
total
-
-
-
1 132
Employee
693
-
1 907
-
income
61
-
414
-
social contributions
20
-
54
-
surtax
-
-
-
-
pensions
78
-
144
-
total
159
-
612
-
Employer
693
-
1 907
-
unemployment
28
-
77
-
social contributions
2
-
6
-
pensions
114
-
241
-
other
24
-
79
-
health
49
-
190
-
total
217
-
593
-
Corporate
1 590
2 500
-
-
income
445
700
-
-
surtax
-
-
-
-
total
445
700
-
-
Dividends
1 145
1 800
-
-
withholding
147
230
-
-
surtax
-
-
-
-
social contributions
197
310
-
-
total
344
540
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 165
1 240
1 205
1 132
After tax
1 335
1 260
1 295
1 368
Living cost
535
535
535
535
Free-cash
800
725
760
833

Estimated living cost  is $535 per week

$362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$44
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$122
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
$1422
$1422
$1615
$1561
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.

-
-
-
2 500
income
-
-
-
579
health
-
-
-
84
unemployment
-
-
-
12
pensions
-
-
-
212
total
-
-
-
887
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.

288
-
2 354
-
income
40
-
579
-
health
15
-
42
-
unemployment
2
-
6
-
pensions
40
-
114
-
total
97
-
741
-
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.

288
-
2 354
-
unemployment
2
-
6
-
pensions
35
-
98
-
health
15
-
42
-
total
52
-
146
-
Corporate
2 161
2 500
-
-
income
324
375
-
-
total
324
375
-
-
Dividends
1 836
2 125
-
-
withholding
275
319
-
-
total
275
319
-
-
Income
2 500
2 500
2 500
2 500
Total tax
748
694
887
887
After tax
1 752
1 806
1 613
1 613
Living cost
191
191
191
191
Free-cash
1 561
1 615
1 422
1 422

Estimated living cost  is $191 per week

$129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$42
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
$1116
$1191
$368
$700
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
-
-
-
2 500
regional
-
-
-
147
national
-
-
-
76
health
-
-
-
6
city
-
-
-
26
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.

-
-
-
50
pensions
-
-
-
230
total
-
-
-
535
Employee
906
-
2 256
-
regional
30
-
131
-
city
10
-
24
-
health
2
-
5
-
unemployment
-
-
-
-
national
4
-
62
-
pensions
76
-
169
-
total
122
-
391
-
Employer
906
-
2 256
-
unemployment
-
-
-
-
pensions
76
-
169
-
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
-
45
-
health
2
-
5
-
total
96
-
219
-
Corporate
1 488
2 500
-
-
regional
315
529
-
-
national
127
213
-
-
total
442
742
-
-
Dividends
1 047
1 759
-
-
withholding
366
616
-
-
total
366
616
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 026
1 358
610
535
After tax
1 474
1 142
1 890
1 965
Living cost
774
774
774
774
Free-cash
700
368
1 116
1 191

Estimated living cost  is $774 per week

$503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$69
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$10
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

Helsinki , Finland
$821
$1107
$1107
$1142
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

-
-
-
2 500
municipal
-
-
-
444
national
-
-
-
490
health
-
-
-
34
total
-
-
-
968
Employee
583
-
2 103
-
health
4
-
28
-
unemployment
9
-
32
-
national
10
-
313
-
municipal
95
-
342
-
pensions
39
-
142
-
total
157
-
857
-
Employer
583
-
2 103
-
unemployment
4
-
14
-
pensions
101
-
365
-
accident
1
-
2
-
health
4
-
16
-
total
110
-
397
-
Corporate
1 808
2 500
-
-
income
362
500
-
-
total
362
500
-
-
Dividends

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

1 085
1 500
-
-
national
109
198
-
-
municipal
195
270
-
-
total
304
468
-
-
Income
2 500
2 500
2 500
2 500
Total tax
933
968
1 254
968
After tax
1 567
1 532
1 246
1 532
Living cost
425
425
425
425
Free-cash
1 142
1 107
821
1 107

Estimated living cost  is $425 per week

$278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$41
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
$445
$684
$967
$827
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 500
national
-
-
-
1 003
social contributions
-
-
-
276
communal

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

-
-
-
133
total
-
-
-
1 412
Employee

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

792
-
1 936
-
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
-
91
-
communal

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

41
-
101
-
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
-
17
-
national
243
-
733
-
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
-
145
-
total
387
-
1 087
-
Employer

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

792
-
1 936
-
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
-
28
-
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
-
172
-
surtax
90
-
220
-
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
-
25
-
health

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

49
-
119
-
total
231
-
564
-
Corporate
1 477
2 500
-
-
income
296
536
-
-
surtax
6
11
-
-
total
302
547
-
-
Dividends
1 176
1 953
-
-
withholding

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

349
582
-
-
total
349
582
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 269
1 129
1 651
1 412
After tax
1 231
1 371
849
1 088
Living cost
404
404
404
404
Free-cash
827
967
445
684

Estimated living cost  is $404 per week

$260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$35
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
$790
$801
$913
$902
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
-
-
-
2 500
municipal
-
-
-
660
national
-
-
-
300
health
-
-
-
62
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
107
other
-
-
-
115
total
-
-
-
1 247
Employee
645
-
2 189
-
national
-
-
294
-
municipal
192
-
653
-
total
192
-
947
-
Employer
645
-
2 189
-
unemployment
17
-
26
-
pensions
70
-
107
-
other
75
-
115
-
accident
1
-
2
-
health
40
-
61
-
total
203
-
311
-
Corporate
1 653
2 500
-
-
income
364
550
-
-
total
364
550
-
-
Dividends
1 289
1 950
-
-
withholding
387
585
-
-
total
387
585
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 146
1 135
1 258
1 247
After tax
1 354
1 365
1 242
1 253
Living cost
452
452
452
452
Free-cash
902
913
790
801

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
$1862
$1239
$1032
$492
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
-
-
-
2 500
income
-
-
-
487
social contributions
-
-
-
285
total
-
-
-
772
Employee
702
-
-
-
income
155
-
-
-
social contributions
58
-
8
-
total
213
-
8
-
Employer
702
-
-
-
social contributions
989
-
141
-
total
989
-
141
-
Corporate
809
2 500
-
-
income
178
550
-
-
total
178
550
-
-
Dividends
631
1 950
-
-
income
139
429
-
-
total
139
429
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 519
979
149
772
After tax
981
1 521
2 351
1 728
Living cost
489
489
489
489
Free-cash
492
1 032
1 862
1 239

Estimated living cost  is $489 per week

$318
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.
$120
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
$1302
$1322
$1463
$1419
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
-
-
-
2 500
income
-
-
-
576
social contributions
-
-
-
179
health
-
-
-
64
total
-
-
-
819
Employee
851
851
2 361
-
income
89
79
565
-
social contributions
41
71
95
-
health
8
14
40
-
total
138
164
700
-
Employer
851
851
2 361
-
social contributions
41
71
95
-
health
9
16
44
-
total
50
87
139
-
Corporate
1 951
1 562
-
-
income
244
195
-
-
total
244
195
-
-
Dividends
1 707
1 367
-
-
withholding
290
232
-
-
total
290
232
-
-
Income
2 500
2 500
2 500
2 500
Total tax
722
678
839
819
After tax
1 778
1 822
1 661
1 681
Living cost
359
359
359
359
Free-cash
1 419
1 463
1 302
1 322

Estimated living cost  is $359 per week

$245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$28
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$80
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
$989
$1211
$1170
$1235
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
-
-
-
2 500
income
-
-
-
778
pensions
-
-
-
109
total
-
-
-
887
Employee
552
-
2 178
-
income
100
-
629
-
health
7
-
29
-
pensions
42
-
130
-
total
149
-
788
-
Employer
552
-
2 178
-
pensions
56
-
280
-
health
10
-
41
-
total
66
-
321
-
Corporate
1 882
2 500
-
-
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.

358
475
-
-
total
358
475
-
-
Dividends
1 525
2 025
-
-
withholding
290
453
-
-
total
290
453
-
-
Income
2 500
2 500
2 500
2 500
Total tax
863
928
1 109
887
After tax
1 637
1 572
1 391
1 613
Living cost
402
402
402
402
Free-cash
1 235
1 170
989
1 211

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
$642
$733
$876
$824
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
-
-
-
2 500
municipal
-
-
-
18
regional
-
-
-
61
national
-
-
-
693
social contributions
-
-
-
554
total
-
-
-
1 326
Employee
933
-
2 500
-
regional
14
-
55
-
social contributions
315
-
727
-
national
158
-
619
-
municipal
6
-
16
-
total
493
-
1 417
-
Employer
933
-
2 500
-
total
-
-
-
-
Corporate
1 567
2 500
-
-
nationa
376
600
-
-
municipal
76
120
-
-
total
452
720
-
-
Dividends
1 115
1 780
-
-
withholding
290
463
-
-
total
290
463
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 235
1 183
1 417
1 326
After tax
1 265
1 317
1 083
1 174
Living cost
441
441
441
441
Free-cash
824
876
642
733

Estimated living cost  is $441 per week

$310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$30
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$94
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
$1155
$1478
-$26
$169
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
-
-
-
2 500
income
-
-
-
721
health
-
-
-
23
accident
-
-
-
3
pensions
-
-
-
43
other
-
-
-
4
total
-
-
-
794
Employee
359
-
2 291
-
income
49
-
568
-
health
41
-
262
-
pensions
40
-
79
-
total
130
-
909
-
Employer
359
-
2 291
-
unemployment
9
-
56
-
pensions
58
-
114
-
accident
6
-
38
-
total
73
-
208
-
Corporate
2 068
2 500
-
-
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.

1 861
2 250
-
-
total
1 861
2 250
-
-
Dividends
207
250
-
-
withholding
39
48
-
-
total
39
48
-
-
Income
2 500
2 500
2 500
2 500
Total tax
2 103
2 298
1 117
794
After tax
397
202
1 383
1 706
Living cost
228
228
228
228
Free-cash
169
-26
1 155
1 478

Estimated living cost  is $228 per week

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

Additional information

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

Berlin , Germany
$1117
$832
$858
$1003
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.

-
-
-
2 500
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.

-
-
-
834
health

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

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

-
-
-
76
trade
-
-
-
285
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.

-
-
-
46
total
-
-
-
1 241
Employee

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

551
-
2 500
-
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
-
834
-
health

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

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

76
-
76
-
surtax

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

3
-
46
-
total
124
-
956
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 949
2 500
-
-
chamber of commerce
5
5
-
-
income
292
375
-
-
surtax

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

16
21
-
-
trade
280
359
-
-
total
593
760
-
-
Dividends
1 356
1 740
-
-
withholding
335
431
-
-
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
24
-
-
total
353
455
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 070
1 215
956
1 241
After tax
1 430
1 285
1 544
1 259
Living cost
427
427
427
427
Free-cash
1 003
858
1 117
832

Estimated living cost  is $427 per week

$295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$46
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$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
$858
$680
$1770
$1678
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.

-
-
-
2 500
microenterprise
-
-
-
-
income
-
-
-
528
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.

-
-
-
424
surtax
-
-
-
638
total
-
-
-
1 590
Employee
324
-
1 966
-
income
58
-
448
-
social contributions

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

36
-
145
-
surtax
-
-
285
-
total
94
-
878
-
Employer
324
-
1 966
-
social contributions

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

78
-
318
-
surtax
-
-
216
-
total
78
-
534
-
Corporate
2 099
2 500
-
-
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%.

420
500
-
-
total
420
500
-
-
Dividends

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

1 679
2 000
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
592
500
1 412
1 590
After tax
1 908
2 000
1 088
910
Living cost
230
230
230
230
Free-cash
1 678
1 770
858
680

Estimated living cost  is $230 per week

$147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$22
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$56
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
$1387
$1396
$1416
$1393
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
-
-
-
2 500
income
-
-
-
779
health
-
-
-
76
pensions
-
-
-
105
total
-
-
-
960
Employee
219
-
2 382
-
income
42
-
773
-
health
11
-
26
-
unemployment
2
-
5
-
pensions
20
-
47
-
total
75
-
851
-
Employer
219
-
2 382
-
unemployment
4
-
10
-
pensions
24
-
58
-
health
21
-
50
-
total
49
-
118
-
Corporate
2 232
2 500
-
-
income
491
550
-
-
total
491
550
-
-
Dividends
1 741
1 950
-
-
withholding
348
390
-
-
total
348
390
-
-
Income
2 500
2 500
2 500
2 500
Total tax
963
940
969
960
After tax
1 537
1 560
1 531
1 540
Living cost
144
144
144
144
Free-cash
1 393
1 416
1 387
1 396

Estimated living cost  is $144 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
$858
$926
$1324
$1287
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
-
-
-
2 500
income
-
-
-
788
health
-
-
-
105
unemployment
-
-
-
3
surtax
-
-
-
133
pensions
-
-
-
296
other
-
-
-
-
total
-
-
-
1 325
Employee
373
-
2 189
-
other
-
-
-
-
income
63
-
722
-
health
10
-
38
-
unemployment
26
-
103
-
surtax
1
-
120
-
pensions
25
-
99
-
total
125
-
1 082
-
Employer
373
-
2 189
-
unemployment
12
-
47
-
pensions
50
-
197
-
other
-
-
-
-
health
17
-
67
-
total
79
-
311
-
Corporate
2 049
2 500
-
-
income
533
650
-
-
total
533
650
-
-
Dividends
1 516
1 850
-
-
withholding
227
277
-
-
total
227
277
-
-
Income
2 500
2 500
2 500
2 500
Total tax
964
927
1 393
1 325
After tax
1 536
1 573
1 107
1 175
Living cost
249
249
249
249
Free-cash
1 287
1 324
858
926

Estimated living cost  is $249 per week

$150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$22
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$71
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
$303
$930
$1027
$1019
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
-
-
-
2 500
income
-
-
-
801
chamber of commerce
-
-
-
10
health
-
-
-
99
unemployment
-
-
-
68
surtax
-
-
-
-
pensions
-
-
-
239
total
-
-
-
1 217
Employee
484
441
2 071
-
other
5
4
13
-
income
43
33
674
-
health
19
17
50
-
unemployment
15
13
39
-
pensions
50
45
132
-
total
132
112
908
-
Employer
484
441
2 071
-
unemployment
15
13
39
-