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
$1297
$1037
$1083
$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
-
-
-
2 500
unemployment
-
-
-
7
income
-
-
-
785
other
-
-
-
1
accident
-
-
-
10
pensions
-
-
-
300
total
-
-
-
1 103
Employee
423
-
2 162
-
unemployment
7
-
16
-
pensions
20
-
50
-
income
81
-
745
-
other
-
-
1
-
total
108
-
812
-
Employer
423
-
2 162
-
pensions
100
-
250
-
accident
8
-
21
-
unemployment
23
-
58
-
other
3
-
8
-
total
134
-
337
-
Corporate
1 943
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.

291
375
-
-
total
291
375
-
-
Dividends
1 651
2 125
-
-
withholding
356
464
-
-
total
356
464
-
-
Income
2 500
2 500
2 500
2 500
Total tax
889
839
1 149
1 103
After tax
1 611
1 661
1 351
1 397
Living cost
314
314
314
314
Free-cash
1 297
1 347
1 037
1 083

Estimated living cost  is $314 per week

$212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$30
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$66
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
$1455
$1168
$1186
$1533
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
pensions

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

-
-
-
417
income
-
-
-
433
other
-
-
-
83
health
-
-
-
76
total
-
-
-
1 009
Employee
415
-
2 060
-
health
6
-
24
-
unemployment
4
-
17
-
pensions

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

29
-
122
-
income
71
-
426
-
total
110
-
589
-
Employer
415
-
2 060
-
health
6
-
24
-
pensions

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

71
-
295
-
accident
3
-
16
-
unemployment
4
-
17
-
other
21
-
87
-
total
105
-
439
-
Corporate
1 981
2 500
-
-
income
416
525
-
-
total
416
525
-
-
Dividends
1 565
1 975
-
-
withholding
110
138
-
-
total
110
138
-
-
Income
2 500
2 500
2 500
2 500
Total tax
741
663
1 028
1 009
After tax
1 759
1 837
1 472
1 491
Living cost
304
304
304
304
Free-cash
1 455
1 533
1 168
1 186

Estimated living cost  is $304 per week

$215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$21
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
$1935
$1973
$1868
$1987
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
pensions

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

-
-
-
59
unemployment
-
-
-
2
income
-
-
-
375
health
-
-
-
46
total
-
-
-
482
Employee
199
-
2 422
-
health
9
-
18
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
pensions

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

17
-
35
-
income
20
-
242
-
total
48
-
299
-
Employer
199
-
2 422
-
health
14
-
28
-
pensions

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

22
-
44
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
unemployment
1
-
2
-
total
39
-
78
-
Corporate
2 262
2 500
-
-
income
226
250
-
-
total
226
250
-
-
Dividends
2 036
2 250
-
-
withholding
102
113
-
-
total
102
113
-
-
Income
2 500
2 500
2 500
2 500
Total tax
415
363
377
482
After tax
2 085
2 137
2 123
2 018
Living cost
150
150
150
150
Free-cash
1 935
1 987
1 973
1 868

Estimated living cost  is $150 per week

$88
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$11
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$48
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
$938
$915
$983
$869
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
-
-
-
457
other
-
-
-
78
health
-
-
-
121
social contributions
-
-
-
71
pensions
-
-
-
399
surtax
-
-
-
-
total
-
-
-
1 126
Employee
489
-
1 910
-
pensions
55
-
143
-
income
29
-
407
-
social contributions
14
-
54
-
surtax
-
-
-
-
total
98
-
604
-
Employer
489
-
1 910
-
health
34
-
189
-
social contributions
1
-
6
-
pensions
80
-
239
-
unemployment
20
-
77
-
other
17
-
79
-
total
152
-
590
-
Corporate
1 858
2 500
-
-
income
520
700
-
-
surtax
-
-
-
-
total
520
700
-
-
Dividends
1 338
1 800
-
-
social contributions
230
310
-
-
surtax
-
-
-
-
withholding
171
230
-
-
total
401
540
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 171
1 240
1 194
1 126
After tax
1 329
1 260
1 306
1 374
Living cost
391
391
391
391
Free-cash
938
869
915
983

Estimated living cost  is $391 per week

$247
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$32
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$106
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
$695
$1120
$867
$766
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
pensions
-
-
-
134
income
-
-
-
879
health
-
-
-
141
total
-
-
-
1 154
Employee
976
976
2 288
-
health
150
127
141
-
pensions
176
134
134
-
income

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

160
160
414
-
total
486
421
689
-
Employer
976
976
2 288
-
health
68
68
84
-
pensions
68
68
84
-
unemployment
35
35
44
-
total
171
171
212
-
Corporate
1 365
1 353
-
-
income
273
271
-
-
total
273
271
-
-
Dividends
1 092
1 083
-
-
income
232
230
-
-
withholding
164
162
-
-
total
396
392
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 326
1 255
901
1 154
After tax
1 174
1 245
1 599
1 346
Living cost
479
479
479
479
Free-cash
695
766
1 120
867

Estimated living cost  is $479 per week

$339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$43
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$89
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
$1041
$1204
$894
$914
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
trade
-
-
-
310
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.

-
-
-
827
health

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

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

-
-
-
78
surtax

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

-
-
-
45
total
-
-
-
1 260
Employee

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

437
-
2 500
-
health

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

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

78
-
78
-
income

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

12
-
827
-
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
-
45
-
total
91
-
950
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 063
2 500
-
-
income
309
375
-
-
trade
325
394
-
-
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
-
-
chamber of commerce
5
5
-
-
total
656
795
-
-
Dividends
1 407
1 705
-
-
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
-
-
withholding
347
422
-
-
total
366
445
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 113
1 240
950
1 260
After tax
1 387
1 260
1 550
1 240
Living cost
346
346
346
346
Free-cash
1 041
914
1 204
894

Estimated living cost  is $346 per week

$218
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$40
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$82
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
$1496
$1399
$1419
$1557
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
-
-
-
567
health
-
-
-
64
social contributions
-
-
-
185
total
-
-
-
816
Employee
879
879
2 358
-
health
7
15
40
-
income
96
81
556
-
social contributions
33
73
98
-
total
136
169
694
-
Employer
879
879
2 358
-
health
7
16
44
-
social contributions
33
73
98
-
total
40
89
142
-
Corporate
2 059
1 532
-
-
income
257
192
-
-
total
257
192
-
-
Dividends
1 802
1 341
-
-
withholding
306
228
-
-
total
306
228
-
-
Income
2 500
2 500
2 500
2 500
Total tax
739
678
836
816
After tax
1 761
1 822
1 664
1 684
Living cost
265
265
265
265
Free-cash
1 496
1 557
1 399
1 419

Estimated living cost  is $265 per week

$159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$26
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$74
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
$1053
$757
$949
$1064
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
-
-
-
324
social contributions

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

-
-
-
869
surtax
-
-
-
-
total
-
-
-
1 193
Employee
526
-
2 020
-
income
109
-
681
-
social contributions
58
-
222
-
surtax
-
-
2
-
total
167
-
905
-
Employer
526
-
2 020
-
social contributions
125
-
480
-
total
125
-
480
-
Corporate
1 850
2 500
-
-
income
388
525
-
-
surtax
-
-
-
-
total
388
525
-
-
Dividends
1 461
1 975
-
-
withholding
409
553
-
-
total
409
553
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 089
1 078
1 385
1 193
After tax
1 411
1 422
1 115
1 307
Living cost
358
358
358
358
Free-cash
1 053
1 064
757
949

Estimated living cost  is $358 per week

$268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$21
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$63
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
$2274
$1915
$2390
$2290
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
107
-
2 500
-
income
21
-
500
-
total
21
-
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%.

2 393
2 500
-
-
total
-
-
-
-
Dividends
2 393
2 500
-
-
withholding
120
125
-
-
total
120
125
-
-
Income
2 500
2 500
2 500
2 500
Total tax
141
125
500
25
After tax
2 359
2 375
2 000
2 475
Living cost
85
85
85
85
Free-cash
2 274
2 290
1 915
2 390

Estimated living cost  is $85 per week

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

Additional information

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

Ljubljana , Slovenia
$1318
$808
$860
$1414
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
pensions
-
-
-
457
unemployment
-
-
-
4
income
-
-
-
626
health
-
-
-
246
total
-
-
-
1 333
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

505
-
2 163
-
health
33
-
140
-
unemployment
1
-
3
-
pensions
78
-
335
-
income
87
-
571
-
total
199
-
1 049
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

505
-
2 163
-
health
34
-
144
-
pensions
45
-
191
-
unemployment
-
-
1
-
total
79
-
336
-
Corporate
1 916
2 500
-
-
income
364
475
-
-
total
364
475
-
-
Dividends
1 552
2 025
-
-
withholding
233
304
-
-
total
233
304
-
-
Income
2 500
2 500
2 500
2 500
Total tax
875
779
1 385
1 333
After tax
1 625
1 721
1 115
1 167
Living cost
306
306
306
306
Free-cash
1 318
1 414
808
860

Estimated living cost  is $306 per week

$210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$71
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
$1189
$1332
$1638
$1150
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
524
-
2 447
-
social contributions
53
-
53
-
income
57
-
647
-
total
110
-
700
-
Employer
524
-
2 447
-
social contributions
53
-
53
-
total
53
-
53
-
Corporate
1 923
2 500
-
-
income
673
875
-
-
total
673
875
-
-
Dividends
1 250
1 625
-
-
social contributions
60
60
-
-
total
60
60
-
-
Income
2 500
2 500
2 500
2 500
Total tax
896
935
753
447
After tax
1 604
1 565
1 747
2 053
Living cost
415
415
415
415
Free-cash
1 189
1 150
1 332
1 638

Estimated living cost  is $415 per week

$273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$33
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
$1289
$1297
$1363
$1283
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
-
-
-
175
social contributions
-
-
-
345
total
-
-
-
895
Employee
387
-
2 500
-
health
27
-
175
-
income
65
-
441
-
social contributions
53
-
345
-
total
145
-
961
-
Employer
387
-
2 500
-
total
-
-
-
-
Corporate
2 113
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
2 007
2 375
-
-
social contributions
277
328
-
-
withholding
301
356
-
-
health
140
166
-
-
total
718
850
-
-
Income
2 500
2 500
2 500
2 500
Total tax
969
975
961
895
After tax
1 531
1 525
1 539
1 605
Living cost
242
242
242
242
Free-cash
1 289
1 283
1 297
1 363

Estimated living cost  is $242 per week

$162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$60
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
$1290
$1056
$1166
$1402
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
-
-
-
268
health
-
-
-
338
social contributions
-
-
-
373
solidarity contribution
-
-
-
36
total
-
-
-
1 015
Employee
470
-
2 001
-
health
63
-
270
-
solidarity contribution
-
-
26
-
income
56
-
247
-
social contributions
31
-
83
-
total
150
-
626
-
Employer
470
-
2 001
-
health
42
-
180
-
social contributions
117
-
319
-
total
159
-
499
-
Corporate
1 871
2 500
-
-
income
355
475
-
-
total
355
475
-
-
Dividends
1 515
2 025
-
-
withholding
227
304
-
-
total
227
304
-
-
Income
2 500
2 500
2 500
2 500
Total tax
891
779
1 125
1 015
After tax
1 609
1 721
1 375
1 485
Living cost
319
319
319
319
Free-cash
1 290
1 402
1 056
1 166

Estimated living cost  is $319 per week

$237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$59
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
$2217
$1867
$2342
$2242
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
166
-
2 500
-
income
33
-
500
-
total
33
-
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%.

2 334
2 500
-
-
total
-
-
-
-
Dividends
2 334
2 500
-
-
withholding
117
125
-
-
total
117
125
-
-
Income
2 500
2 500
2 500
2 500
Total tax
150
125
500
25
After tax
2 350
2 375
2 000
2 475
Living cost
133
133
133
133
Free-cash
2 217
2 242
1 867
2 342

Estimated living cost  is $133 per week

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

Additional information

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

Paris , France
$787
$754
$822
$708
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
-
-
-
457
other
-
-
-
78
health
-
-
-
121
social contributions
-
-
-
71
pensions
-
-
-
399
surtax
-
-
-
-
total
-
-
-
1 126
Employee
716
-
1 910
-
pensions
81
-
143
-
income
62
-
407
-
social contributions
20
-
54
-
surtax
-
-
-
-
total
163
-
604
-
Employer
716
-
1 910
-
health
50
-
189
-
social contributions
2
-
6
-
pensions
118
-
239
-
unemployment
29
-
77
-
other
25
-
79
-
total
224
-
590
-
Corporate
1 561
2 500
-
-
income
437
700
-
-
surtax
-
-
-
-
total
437
700
-
-
Dividends
1 124
1 800
-
-
social contributions
193
310
-
-
surtax
-
-
-
-
withholding
144
230
-
-
total
337
540
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 161
1 240
1 194
1 126
After tax
1 339
1 260
1 306
1 374
Living cost
552
552
552
552
Free-cash
787
708
754
822

Estimated living cost  is $552 per week

$374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$45
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
$1554
$1409
$1407
$1609
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
pensions
-
-
-
219
unemployment
-
-
-
13
income
-
-
-
577
health
-
-
-
87
total
-
-
-
896
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

297
-
2 349
-
health
15
-
43
-
unemployment
2
-
6
-
pensions
42
-
118
-
income
41
-
577
-
total
100
-
744
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

297
-
2 349
-
health
15
-
43
-
pensions
36
-
101
-
unemployment
2
-
6
-
total
53
-
150
-
Corporate
2 150
2 500
-
-
income
322
375
-
-
total
322
375
-
-
Dividends
1 827
2 125
-
-
withholding
274
319
-
-
total
274
319
-
-
Income
2 500
2 500
2 500
2 500
Total tax
749
694
894
896
After tax
1 751
1 806
1 606
1 604
Living cost
197
197
197
197
Free-cash
1 554
1 609
1 409
1 407

Estimated living cost  is $197 per week

$133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$43
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
$690
$1095
$1176
$347
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
pensions
-
-
-
230
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
health
-
-
-
6
regional
-
-
-
145
national
-
-
-
72
total
-
-
-
529
Employee
931
-
2 254
-
health
2
-
5
-
unemployment
-
-
-
-
city
10
-
24
-
pensions
78
-
171
-
regional
30
-
130
-
national
4
-
59
-
total
124
-
389
-
Employer
931
-
2 254
-
health
2
-
5
-
pensions
78
-
171
-
unemployment
-
-
-
-
other

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

19
-
45
-
total
99
-
221
-
Corporate
1 460
2 500
-
-
regional
309
529
-
-
national
124
213
-
-
total
433
742
-
-
Dividends
1 027
1 759
-
-
withholding
359
616
-
-
total
359
616
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 015
1 358
610
529
After tax
1 485
1 142
1 890
1 971
Living cost
795
795
795
795
Free-cash
690
347
1 095
1 176

Estimated living cost  is $795 per week

$517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$71
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$10
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

Helsinki , Finland
$1132
$816
$1102
$1097
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
health
-
-
-
34
national
-
-
-
481
total
-
-
-
959
Employee
601
-
2 103
-
health
4
-
28
-
unemployment
9
-
32
-
pensions
41
-
142
-
national
10
-
304
-
municipal
98
-
342
-
total
162
-
848
-
Employer
601
-
2 103
-
health
5
-
16
-
pensions
104
-
365
-
accident
1
-
2
-
unemployment
4
-
14
-
total
114
-
397
-
Corporate
1 785
2 500
-
-
income
357
500
-
-
total
357
500
-
-
Dividends

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

1 071
1 500
-
-
municipal
193
270
-
-
national
103
194
-
-
total
296
464
-
-
Income
2 500
2 500
2 500
2 500
Total tax
929
964
1 245
959
After tax
1 571
1 536
1 255
1 541
Living cost
439
439
439
439
Free-cash
1 132
1 097
816
1 102

Estimated living cost  is $439 per week

$287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$42
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
$809
$436
$670
$958
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
communal

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

-
-
-
133
social contributions
-
-
-
285
national
-
-
-
995
total
-
-
-
1 413
Employee

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

817
-
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.

38
-
91
-
communal

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

43
-
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
-
pensions

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

61
-
145
-
national
251
-
729
-
total
400
-
1 083
-
Employer

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

817
-
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.

50
-
119
-
pensions

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

72
-
172
-
surtax
93
-
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.

11
-
25
-
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
-
total
238
-
564
-
Corporate
1 445
2 500
-
-
income
289
530
-
-
surtax
6
11
-
-
total
295
541
-
-
Dividends
1 150
1 960
-
-
withholding

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

341
584
-
-
total
341
584
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 274
1 125
1 647
1 413
After tax
1 226
1 375
853
1 087
Living cost
417
417
417
417
Free-cash
809
958
436
670

Estimated living cost  is $417 per week

$268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$36
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
$861
$758
$771
$872
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
unemployment
-
-
-
1
municipal
-
-
-
652
other
-
-
-
126
health
-
-
-
67
national
-
-
-
271
accident
-
-
-
2
pensions
-
-
-
117
total
-
-
-
1 236
Employee
702
-
2 161
-
national
-
-
265
-
municipal
209
-
644
-
total
209
-
909
-
Employer
702
-
2 161
-
health
43
-
66
-
pensions
76
-
117
-
accident
1
-
2
-
unemployment
19
-
29
-
other
82
-
126
-
total
221
-
340
-
Corporate
1 577
2 500
-
-
income
347
550
-
-
total
347
550
-
-
Dividends
1 230
1 950
-
-
withholding
369
585
-
-
total
369
585
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 146
1 135
1 249
1 236
After tax
1 354
1 365
1 251
1 264
Living cost
493
493
493
493
Free-cash
861
872
758
771

Estimated living cost  is $493 per week

$327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$48
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
$382
$1793
$1186
$979
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
777
-
-
-
income
171
-
-
-
social contributions
64
-
9
-
total
235
-
9
-
Employer
777
-
-
-
social contributions
1 095
-
156
-
total
1 095
-
156
-
Corporate
628
2 500
-
-
income
138
550
-
-
total
138
550
-
-
Dividends
490
1 950
-
-
income
108
429
-
-
total
108
429
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 576
979
165
772
After tax
924
1 521
2 335
1 728
Living cost
542
542
542
542
Free-cash
382
979
1 793
1 186

Estimated living cost  is $542 per week

$351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$51
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
$1402
$1293
$1313
$1451
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
-
-
-
567
health
-
-
-
64
social contributions
-
-
-
185
total
-
-
-
816
Employee
879
879
2 358
-
health
9
15
40
-
income
92
81
556
-
social contributions
43
73
98
-
total
144
169
694
-
Employer
879
879
2 358
-
health
10
16
44
-
social contributions
43
73
98
-
total
53
89
142
-
Corporate
1 933
1 532
-
-
income
242
192
-
-
total
242
192
-
-
Dividends
1 692
1 341
-
-
withholding
288
228
-
-
total
288
228
-
-
Income
2 500
2 500
2 500
2 500
Total tax
727
678
836
816
After tax
1 773
1 822
1 664
1 684
Living cost
371
371
371
371
Free-cash
1 402
1 451
1 293
1 313

Estimated living cost  is $371 per week

$253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$29
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$82
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
$1232
$986
$1208
$1168
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
-
-
-
774
pensions
-
-
-
110
total
-
-
-
884
Employee
561
-
2 179
-
health
7
-
29
-
pensions
43
-
131
-
income
102
-
625
-
total
152
-
785
-
Employer
561
-
2 179
-
health
11
-
41
-
pensions
57
-
280
-
total
68
-
321
-
Corporate
1 872
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.

356
475
-
-
total
356
475
-
-
Dividends
1 516
2 025
-
-
withholding
284
449
-
-
total
284
449
-
-
Income
2 500
2 500
2 500
2 500
Total tax
860
924
1 106
884
After tax
1 640
1 576
1 394
1 616
Living cost
408
408
408
408
Free-cash
1 232
1 168
986
1 208

Estimated living cost  is $408 per week

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

Additional information

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

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

Rome , Italy
$809
$621
$715
$861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 500
municipal
-
-
-
17
regional
-
-
-
60
social contributions
-
-
-
572
national
-
-
-
681
total
-
-
-
1 330
Employee
963
-
2 500
-
social contributions
325
-
750
-
regional
15
-
54
-
national
163
-
604
-
municipal
6
-
16
-
total
509
-
1 424
-
Employer
963
-
2 500
-
total
-
-
-
-
Corporate
1 537
2 500
-
-
nationa
369
600
-
-
municipal
74
121
-
-
total
443
721
-
-
Dividends
1 094
1 779
-
-
withholding
284
463
-
-
total
284
463
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 236
1 184
1 424
1 330
After tax
1 264
1 316
1 076
1 170
Living cost
455
455
455
455
Free-cash
809
861
621
715

Estimated living cost  is $455 per week

$320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$31
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$97
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
$165
$1136
$1465
-$40
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
pensions
-
-
-
46
income
-
-
-
716
other
-
-
-
4
health
-
-
-
24
accident
-
-
-
3
total
-
-
-
793
Employee
381
-
2 285
-
health
44
-
262
-
pensions
43
-
84
-
income
52
-
561
-
total
139
-
907
-
Employer
381
-
2 285
-
pensions
62
-
121
-
accident
6
-
38
-
unemployment
9
-
56
-
total
77
-
215
-
Corporate
2 042
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.

1 838
2 250
-
-
total
1 838
2 250
-
-
Dividends
204
250
-
-
withholding
39
48
-
-
total
39
48
-
-
Income
2 500
2 500
2 500
2 500
Total tax
2 093
2 298
1 122
793
After tax
407
202
1 378
1 707
Living cost
242
242
242
242
Free-cash
165
-40
1 136
1 465

Estimated living cost  is $242 per week

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

Additional information

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

Berlin , Germany
$993
$1109
$827
$844
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
trade
-
-
-
282
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.

-
-
-
827
health

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

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

-
-
-
78
surtax

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

-
-
-
45
total
-
-
-
1 232
Employee

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

569
-
2 500
-
health

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

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

78
-
78
-
income

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

47
-
827
-
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
-
45
-
total
128
-
950
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 931
2 500
-
-
income
290
375
-
-
trade
277
359
-
-
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
-
-
chamber of commerce
5
5
-
-
total
588
760
-
-
Dividends
1 344
1 740
-
-
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
-
-
withholding
332
431
-
-
total
350
455
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 066
1 215
950
1 232
After tax
1 434
1 285
1 550
1 268
Living cost
441
441
441
441
Free-cash
993
844
1 109
827

Estimated living cost  is $441 per week

$304
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$47
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$83
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
$1669
$845
$667
$1762
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
income
-
-
-
520
microenterprise
-
-
-
-
social contributions

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

-
-
-
438
surtax
-
-
-
637
total
-
-
-
1 595
Employee
334
-
1 957
-
income
59
-
440
-
social contributions

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

37
-
150
-
surtax
-
-
284
-
total
96
-
874
-
Employer
334
-
1 957
-
social contributions

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

80
-
328
-
surtax
-
-
215
-
total
80
-
543
-
Corporate
2 086
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%.

417
500
-
-
total
417
500
-
-
Dividends

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

1 669
2 000
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
593
500
1 417
1 595
After tax
1 907
2 000
1 083
905
Living cost
238
238
238
238
Free-cash
1 669
1 762
845
667

Estimated living cost  is $238 per week

$152
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$23
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
$1398
$1393
$1403
$1420
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
-
-
-
781
health
-
-
-
74
pensions
-
-
-
102
total
-
-
-
957
Employee
214
-
2 385
-
health
11
-
26
-
unemployment
2
-
5
-
pensions
19
-
46
-
income
41
-
775
-
total
73
-
852
-
Employer
214
-
2 385
-
health
20
-
49
-
pensions
24
-
56
-
unemployment
4
-
10
-
total
48
-
115
-
Corporate
2 238
2 500
-
-
income
492
550
-
-
total
492
550
-
-
Dividends
1 746
1 950
-
-
withholding
349
390
-
-
total
349
390
-
-
Income
2 500
2 500
2 500
2 500
Total tax
962
940
967
957
After tax
1 538
1 560
1 533
1 543
Living cost
140
140
140
140
Free-cash
1 398
1 420
1 393
1 403

Estimated living cost  is $140 per week

$83
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$11
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$42
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
$1278
$851
$920
$1316
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
pensions
-
-
-
305
unemployment
-
-
-
3
income
-
-
-
777
other
-
-
-
-
health
-
-
-
108
surtax
-
-
-
130
total
-
-
-
1 323
Employee
385
-
2 179
-
health
10
-
39
-
unemployment
27
-
106
-
pensions
26
-
102
-
income
65
-
709
-
other
-
-
-
-
surtax
1
-
116
-
total
129
-
1 072
-
Employer
385
-
2 179
-
health
18
-
69
-
pensions
51
-
203
-
unemployment
12
-
48
-
other
-
-
-
-
total
81
-
320
-
Corporate
2 034
2 500
-
-
income
529
650
-
-
total
529
650
-
-
Dividends
1 505
1 850
-
-
withholding
226
277
-
-
total
226
277
-
-
Income
2 500
2 500
2 500
2 500
Total tax
965
927
1 392
1 323
After tax
1 535
1 573
1 108
1 177
Living cost
257
257
257
257
Free-cash
1 278
1 316
851
920

Estimated living cost  is $257 per week

$155
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$22
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$73
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
$1010
$292
$919
$1012
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
pensions
-
-
-
247
chamber of commerce
-
-
-
10
unemployment
-
-
-
70
income
-
-
-
787
health
-
-
-
102
surtax
-
-
-
-
total
-
-
-
1 216
Employee
500
455
2 063
-
health
19
18
52
-
unemployment
15
14
40
-
pensions
51
47
137
-
income
44
34
659
-
other
5
5
13
-
total
134
118
901
-
Employer
500
455
2 063
-
health
19
17
50
-