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
$ 800
per

Your estimated
City
free-cash

Valencia , Spain
$169
$125
$119
$228
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
-
-
-
800
unemployment
-
-
-
6
income
-
-
-
129
other
-
-
-
1
accident
-
-
-
7
pensions
-
-
-
226
total
-
-
-
369
Employee
419
-
607
-
unemployment
6
-
9
-
pensions
20
-
29
-
income
81
-
131
-
other
-
-
1
-
total
107
-
170
-
Employer
419
-
607
-
pensions
99
-
143
-
accident
8
-
12
-
unemployment
23
-
33
-
other
3
-
5
-
total
133
-
193
-
Corporate
247
800
-
-
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.

37
120
-
-
total
37
120
-
-
Dividends
210
680
-
-
withholding
42
140
-
-
total
42
140
-
-
Income
800
800
800
800
Total tax
319
260
363
369
After tax
481
540
437
431
Living cost
312
312
312
312
Free-cash
169
228
125
119

Estimated living cost  is $312 per week

$210
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.
$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.
$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
$208
$167
$131
$286
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
-
-
-
800
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.

-
-
-
192
income
-
-
-
102
other
-
-
-
38
health
-
-
-
35
total
-
-
-
367
Employee
411
-
639
-
health
6
-
9
-
unemployment
4
-
6
-
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
-
45
-
income
71
-
110
-
total
110
-
170
-
Employer
411
-
639
-
health
6
-
9
-
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.

70
-
109
-
accident
3
-
5
-
unemployment
4
-
6
-
other
21
-
32
-
total
104
-
161
-
Corporate
285
800
-
-
income
60
168
-
-
total
60
168
-
-
Dividends
225
632
-
-
withholding
16
44
-
-
total
16
44
-
-
Income
800
800
800
800
Total tax
290
212
331
367
After tax
510
588
469
433
Living cost
302
302
302
302
Free-cash
208
286
167
131

Estimated living cost  is $302 per week

$213
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.
$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
Varna , Bulgaria
$483
$445
$424
$535
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
-
-
-
800
pensions

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

-
-
-
59
unemployment
-
-
-
2
income
-
-
-
120
health
-
-
-
46
total
-
-
-
227
Employee
197
-
722
-
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
-
72
-
total
48
-
129
-
Employer
197
-
722
-
health
14
-
27
-
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
-
77
-
Corporate
565
800
-
-
income
56
80
-
-
total
56
80
-
-
Dividends
508
720
-
-
withholding
25
36
-
-
total
25
36
-
-
Income
800
800
800
800
Total tax
168
116
206
227
After tax
632
684
594
573
Living cost
149
149
149
149
Free-cash
483
535
445
424

Estimated living cost  is $149 per week

$87
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.
$47
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
$81
$91
$88
$15
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
-
-
-
800
income
-
-
-
43
other
-
-
-
25
health
-
-
-
7
social contributions
-
-
-
23
pensions
-
-
-
226
surtax
-
-
-
-
total
-
-
-
324
Employee
485
-
610
-
pensions
55
-
69
-
income
29
-
44
-
social contributions
14
-
17
-
surtax
-
-
-
-
total
98
-
130
-
Employer
485
-
610
-
health
34
-
43
-
social contributions
1
-
2
-
pensions
80
-
100
-
unemployment
20
-
25
-
other
17
-
21
-
total
152
-
191
-
Corporate
164
800
-
-
income
46
224
-
-
surtax
-
-
-
-
total
46
224
-
-
Dividends
118
576
-
-
social contributions
20
99
-
-
surtax
-
-
-
-
withholding
15
74
-
-
total
35
173
-
-
Income
800
800
800
800
Total tax
331
397
321
324
After tax
469
403
479
476
Living cost
388
388
388
388
Free-cash
81
15
91
88

Estimated living cost  is $388 per week

$244
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.
$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
Rotterdam , Netherlands
-$325
-$325
-$20
-$261
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
-
-
-
800
pensions
-
-
-
133
income
-
-
-
95
health
-
-
-
117
total
-
-
-
345
Employee
968
968
968
-
health
149
126
149
-
pensions
174
133
174
-
income

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

158
158
158
-
total
481
417
481
-
Employer
968
968
968
-
health
67
67
67
-
pensions
67
67
67
-
unemployment
35
35
35
-
total
169
169
169
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
800
800
800
800
Total tax
650
586
650
345
After tax
150
214
150
455
Living cost
475
475
475
475
Free-cash
-325
-261
-325
-20

Estimated living cost  is $475 per week

$336
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.
$88
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
$188
$257
$214
$62
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.

-
-
-
800
trade
-
-
-
43
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.

-
-
-
117
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.

-
-
-
77
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.

-
-
-
6
total
-
-
-
243
Employee

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

433
-
800
-
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.

77
-
77
-
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
-
117
-
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
-
6
-
total
90
-
200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
367
800
-
-
income
55
120
-
-
trade
58
126
-
-
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
7
-
-
chamber of commerce
2
3
-
-
total
118
256
-
-
Dividends
249
545
-
-
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
7
-
-
withholding
58
132
-
-
total
61
139
-
-
Income
800
800
800
800
Total tax
269
395
200
243
After tax
531
405
600
557
Living cost
343
343
343
343
Free-cash
188
62
257
214

Estimated living cost  is $343 per week

$216
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.
$81
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
$264
$308
$343
$282
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
-
-
-
800
income
-
-
-
50
health
-
-
-
20
social contributions
-
-
-
125
total
-
-
-
195
Employee
871
871
871
-
health
7
15
12
-
income
95
81
85
-
social contributions
33
72
60
-
total
135
168
157
-
Employer
871
871
871
-
health
7
16
13
-
social contributions
33
72
60
-
total
40
88
73
-
Corporate
363
-
-
-
income
45
-
-
-
total
45
-
-
-
Dividends
317
-
-
-
withholding
54
-
-
-
total
54
-
-
-
Income
800
800
800
800
Total tax
274
256
230
195
After tax
526
544
570
605
Living cost
262
262
262
262
Free-cash
264
282
308
343

Estimated living cost  is $262 per week

$157
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
$89
$72
$101
$100
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.

-
-
-
800
income
-
-
-
66
social contributions

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

-
-
-
278
surtax
-
-
-
-
total
-
-
-
344
Employee
521
-
646
-
income
108
-
148
-
social contributions
57
-
71
-
surtax
-
-
-
-
total
165
-
219
-
Employer
521
-
646
-
social contributions
124
-
154
-
total
124
-
154
-
Corporate
155
800
-
-
income
33
168
-
-
surtax
-
-
-
-
total
33
168
-
-
Dividends
122
632
-
-
withholding
34
177
-
-
total
34
177
-
-
Income
800
800
800
800
Total tax
356
345
373
344
After tax
444
455
427
456
Living cost
355
355
355
355
Free-cash
89
100
72
101

Estimated living cost  is $355 per week

$266
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
$659
$555
$707
$675
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%.

-
-
-
800
microenterprise

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

-
-
-
8
total
-
-
-
8
Employee
106
-
800
-
income
21
-
160
-
total
21
-
160
-
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%.

694
800
-
-
total
-
-
-
-
Dividends
694
800
-
-
withholding
35
40
-
-
total
35
40
-
-
Income
800
800
800
800
Total tax
56
40
160
8
After tax
744
760
640
792
Living cost
85
85
85
85
Free-cash
659
675
555
707

Estimated living cost  is $85 per week

$52
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
$153
$102
$125
$247
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.

-
-
-
800
pensions
-
-
-
146
unemployment
-
-
-
1
income
-
-
-
145
health
-
-
-
79
total
-
-
-
371
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.

501
-
692
-
health
32
-
45
-
unemployment
1
-
1
-
pensions
78
-
107
-
income
86
-
134
-
total
197
-
287
-
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.

501
-
692
-
health
33
-
46
-
pensions
44
-
61
-
unemployment
-
-
-
-
total
77
-
107
-
Corporate
221
800
-
-
income
42
152
-
-
total
42
152
-
-
Dividends
179
648
-
-
withholding
27
97
-
-
total
27
97
-
-
Income
800
800
800
800
Total tax
343
249
394
371
After tax
457
551
406
429
Living cost
304
304
304
304
Free-cash
153
247
102
125

Estimated living cost  is $304 per week

$209
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.
$70
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
$115
$172
-$6
$49
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.

-
-
-
800
income
-
-
-
323
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
-
-
-
395
Employee
520
-
748
-
social contributions
52
-
52
-
income
56
-
113
-
total
108
-
165
-
Employer
520
-
748
-
social contributions
52
-
52
-
total
52
-
52
-
Corporate
228
800
-
-
income
80
280
-
-
total
80
280
-
-
Dividends
148
520
-
-
social contributions
34
60
-
-
total
34
60
-
-
Income
800
800
800
800
Total tax
274
340
217
395
After tax
526
460
583
405
Living cost
411
411
411
411
Free-cash
115
49
172
-6

Estimated living cost  is $411 per week

$271
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.
$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
Vilnius , Lithuania
$253
$234
$274
$248
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
-
-
-
800
income
-
-
-
120
health
-
-
-
56
social contributions
-
-
-
110
total
-
-
-
286
Employee
384
-
800
-
health
27
-
56
-
income
64
-
160
-
social contributions
53
-
110
-
total
144
-
326
-
Employer
384
-
800
-
total
-
-
-
-
Corporate
416
800
-
-
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%.

21
40
-
-
total
21
40
-
-
Dividends
395
760
-
-
social contributions
55
105
-
-
withholding
59
114
-
-
health
28
53
-
-
total
142
272
-
-
Income
800
800
800
800
Total tax
307
312
326
286
After tax
493
488
474
514
Living cost
240
240
240
240
Free-cash
253
248
234
274

Estimated living cost  is $240 per week

$161
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.
$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
Prague , Czech Republic
$121
$88
$72
$234
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
-
-
-
800
income
-
-
-
69
health
-
-
-
108
social contributions
-
-
-
234
solidarity contribution
-
-
-
-
total
-
-
-
411
Employee
467
-
597
-
health
63
-
81
-
solidarity contribution
-
-
-
-
income
56
-
72
-
social contributions
30
-
39
-
total
149
-
192
-
Employer
467
-
597
-
health
42
-
54
-
social contributions
117
-
149
-
total
159
-
203
-
Corporate
175
800
-
-
income
33
152
-
-
total
33
152
-
-
Dividends
141
648
-
-
withholding
21
97
-
-
total
21
97
-
-
Income
800
800
800
800
Total tax
362
249
395
411
After tax
438
551
405
389
Living cost
317
317
317
317
Free-cash
121
234
88
72

Estimated living cost  is $317 per week

$236
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.
$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
Tbilisi , Georgia
$603
$508
$660
$628
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%.

-
-
-
800
microenterprise

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

-
-
-
8
total
-
-
-
8
Employee
165
-
800
-
income
33
-
160
-
total
33
-
160
-
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%.

635
800
-
-
total
-
-
-
-
Dividends
635
800
-
-
withholding
32
40
-
-
total
32
40
-
-
Income
800
800
800
800
Total tax
65
40
160
8
After tax
735
760
640
792
Living cost
132
132
132
132
Free-cash
603
628
508
660

Estimated living cost  is $132 per week

$89
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
-$131
-$68
-$71
-$144
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
-
-
-
800
income
-
-
-
43
other
-
-
-
25
health
-
-
-
7
social contributions
-
-
-
23
pensions
-
-
-
226
surtax
-
-
-
-
total
-
-
-
324
Employee
710
-
610
-
pensions
80
-
69
-
income
62
-
44
-
social contributions
20
-
17
-
surtax
-
-
-
-
total
162
-
130
-
Employer
710
-
610
-
health
50
-
43
-
social contributions
2
-
2
-
pensions
117
-
100
-
unemployment
29
-
25
-
other
24
-
21
-
total
222
-
191
-
Corporate
-
800
-
-
income
-
224
-
-
surtax
-
-
-
-
total
-
224
-
-
Dividends
-
576
-
-
social contributions
-
99
-
-
surtax
-
-
-
-
withholding
-
74
-
-
total
-
173
-
-
Income
800
800
800
800
Total tax
384
397
321
324
After tax
416
403
479
476
Living cost
547
547
547
547
Free-cash
-131
-144
-68
-71

Estimated living cost  is $547 per week

$370
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.
$125
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
$328
$227
$197
$383
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.

-
-
-
800
pensions
-
-
-
208
unemployment
-
-
-
12
income
-
-
-
106
health
-
-
-
82
total
-
-
-
408
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.

294
-
679
-
health
15
-
35
-
unemployment
2
-
5
-
pensions
41
-
95
-
income
41
-
122
-
total
99
-
257
-
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.

294
-
679
-
health
15
-
35
-
pensions
35
-
81
-
unemployment
2
-
5
-
total
52
-
121
-
Corporate
453
800
-
-
income
68
120
-
-
total
68
120
-
-
Dividends
385
680
-
-
withholding
58
102
-
-
total
58
102
-
-
Income
800
800
800
800
Total tax
277
222
378
408
After tax
523
578
422
392
Living cost
195
195
195
195
Free-cash
328
383
227
197

Estimated living cost  is $195 per week

$131
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
-$198
-$146
-$105
-$412
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
-
-
-
800
pensions
-
-
-
74
city
-
-
-
8
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.

-
-
-
16
health
-
-
-
3
regional
-
-
-
23
national
-
-
-
3
total
-
-
-
127
Employee
911
-
716
-
health
2
-
2
-
unemployment
-
-
-
-
city
10
-
8
-
pensions
77
-
60
-
regional
30
-
19
-
national
4
-
3
-
total
123
-
92
-
Employer
911
-
716
-
health
2
-
2
-
pensions
77
-
60
-
unemployment
-
-
-
-
other

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

18
-
14
-
total
97
-
76
-
Corporate
-
800
-
-
regional
-
169
-
-
national
-
68
-
-
total
-
237
-
-
Dividends
-
563
-
-
withholding
-
197
-
-
total
-
197
-
-
Income
800
800
800
800
Total tax
220
434
168
127
After tax
580
366
632
673
Living cost
778
778
778
778
Free-cash
-198
-412
-146
-105

Estimated living cost  is $778 per week

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

Additional information

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

Helsinki , Finland
$63
$48
$164
$113
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

-
-
-
800
municipal
-
-
-
143
health
-
-
-
8
national
-
-
-
50
total
-
-
-
201
Employee
596
-
673
-
health
4
-
6
-
unemployment
9
-
10
-
pensions
40
-
45
-
national
10
-
19
-
municipal
98
-
110
-
total
161
-
190
-
Employer
596
-
673
-
health
5
-
5
-
pensions
103
-
117
-
accident
1
-
1
-
unemployment
4
-
4
-
total
113
-
127
-
Corporate
91
800
-
-
income
18
160
-
-
total
18
160
-
-
Dividends

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

55
480
-
-
municipal
10
86
-
-
national
-
6
-
-
total
10
92
-
-
Income
800
800
800
800
Total tax
302
252
317
201
After tax
498
548
483
599
Living cost
435
435
435
435
Free-cash
63
113
48
164

Estimated living cost  is $435 per week

$284
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.
$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

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
-$247
-$79
-$6
$37
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
-
-
-
800
communal

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

-
-
-
42
social contributions
-
-
-
107
national
-
-
-
244
total
-
-
-
393
Employee

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

811
-
620
-
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
-
29
-
communal

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

42
-
32
-
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
-
5
-
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
-
46
-
national
249
-
174
-
total
397
-
286
-
Employer

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

811
-
620
-
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
-
38
-
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
-
55
-
surtax
92
-
70
-
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
-
8
-
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
-
9
-
total
237
-
180
-
Corporate
-
800
-
-
income
-
160
-
-
surtax
-
3
-
-
total
-
163
-
-
Dividends
-
637
-
-
withholding

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

-
187
-
-
total
-
187
-
-
Income
800
800
800
800
Total tax
634
350
466
393
After tax
166
450
334
407
Living cost
413
413
413
413
Free-cash
-247
37
-79
-6

Estimated living cost  is $413 per week

$266
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.
$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.
$104
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
-$115
-$62
-$90
-$52
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
-
-
-
800
unemployment
-
-
-
1
municipal
-
-
-
169
other
-
-
-
93
health
-
-
-
50
national
-
-
-
-
accident
-
-
-
2
pensions
-
-
-
86
total
-
-
-
401
Employee
696
-
609
-
national
-
-
-
-
municipal
208
-
182
-
total
208
-
182
-
Employer
696
-
609
-
health
43
-
37
-
pensions
75
-
66
-
accident
1
-
1
-
unemployment
18
-
16
-
other
81
-
71
-
total
218
-
191
-
Corporate
-
800
-
-
income
-
176
-
-
total
-
176
-
-
Dividends
-
624
-
-
withholding
-
187
-
-
total
-
187
-
-
Income
800
800
800
800
Total tax
426
363
373
401
After tax
374
437
427
399
Living cost
489
489
489
489
Free-cash
-115
-52
-62
-90

Estimated living cost  is $489 per week

$324
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.
$109
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
-$1061
$97
$14
-$52
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
-
-
-
800
income
-
-
-
156
social contributions
-
-
-
91
total
-
-
-
247
Employee
772
-
-
-
income
170
-
-
-
social contributions
63
-
9
-
total
233
-
9
-
Employer
772
-
-
-
social contributions
1 089
-
155
-
total
1 089
-
155
-
Corporate
-
800
-
-
income
-
176
-
-
total
-
176
-
-
Dividends
-
624
-
-
income
-
137
-
-
total
-
137
-
-
Income
800
800
800
800
Total tax
1 322
313
164
247
After tax
-522
487
636
553
Living cost
539
539
539
539
Free-cash
-1 061
-52
97
14

Estimated living cost  is $539 per week

$350
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
$173
$202
$237
$176
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
-
-
-
800
income
-
-
-
50
health
-
-
-
20
social contributions
-
-
-
125
total
-
-
-
195
Employee
871
871
871
-
health
9
15
12
-
income
92
81
85
-
social contributions
42
72
60
-
total
143
168
157
-
Employer
871
871
871
-
health
9
16
13
-
social contributions
42
72
60
-
total
51
88
73
-
Corporate
238
-
-
-
income
30
-
-
-
total
30
-
-
-
Dividends
208
-
-
-
withholding
35
-
-
-
total
35
-
-
-
Income
800
800
800
800
Total tax
259
256
230
195
After tax
541
544
570
605
Living cost
368
368
368
368
Free-cash
173
176
202
237

Estimated living cost  is $368 per week

$251
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.
$81
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
$130
$104
$190
$192
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
-
-
-
800
income
-
-
-
149
pensions
-
-
-
54
total
-
-
-
203
Employee
559
-
709
-
health
7
-
10
-
pensions
43
-
61
-
income
102
-
128
-
total
152
-
199
-
Employer
559
-
709
-
health
11
-
13
-
pensions
56
-
77
-
total
67
-
90
-
Corporate
174
800
-
-
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.

33
152
-
-
total
33
152
-
-
Dividends
141
648
-
-
withholding
11
49
-
-
total
11
49
-
-
Income
800
800
800
800
Total tax
263
201
289
203
After tax
537
599
511
597
Living cost
407
407
407
407
Free-cash
130
192
104
190

Estimated living cost  is $407 per week

$279
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.
$85
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details

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
-$154
-$67
-$23
-$30
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
-
-
-
800
municipal
-
-
-
5
regional
-
-
-
13
social contributions
-
-
-
206
national
-
-
-
148
total
-
-
-
372
Employee
955
-
800
-
social contributions
322
-
270
-
regional
14
-
11
-
national
161
-
130
-
municipal
6
-
5
-
total
503
-
416
-
Employer
955
-
800
-
total
-
-
-
-
Corporate
-
800
-
-
nationa
-
192
-
-
municipal
-
39
-
-
total
-
231
-
-
Dividends
-
569
-
-
withholding
-
148
-
-
total
-
148
-
-
Income
800
800
800
800
Total tax
503
379
416
372
After tax
297
421
384
428
Living cost
451
451
451
451
Free-cash
-154
-30
-67
-23

Estimated living cost  is $451 per week

$317
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.
$96
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
$28
$164
$306
-$180
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
-
-
-
800
pensions
-
-
-
46
income
-
-
-
172
other
-
-
-
4
health
-
-
-
24
accident
-
-
-
3
total
-
-
-
249
Employee
385
-
665
-
health
44
-
76
-
pensions
43
-
75
-
income
53
-
105
-
total
140
-
256
-
Employer
385
-
665
-
pensions
63
-
108
-
accident
6
-
11
-
unemployment
9
-
16
-
total
78
-
135
-
Corporate
337
800
-
-
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.

303
720
-
-
total
303
720
-
-
Dividends
34
80
-
-
withholding
6
15
-
-
total
6
15
-
-
Income
800
800
800
800
Total tax
527
735
391
249
After tax
273
65
409
551
Living cost
245
245
245
245
Free-cash
28
-180
164
306

Estimated living cost  is $245 per week

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

Additional information

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

Berlin , Germany
$126
$163
$124
-$24
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.

-
-
-
800
trade
-
-
-
39
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.

-
-
-
117
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.

-
-
-
77
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.

-
-
-
6
total
-
-
-
239
Employee

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

564
-
800
-
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.

77
-
77
-
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.

46
-
117
-
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
-
6
-
total
126
-
200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
236
800
-
-
income
35
120
-
-
trade
34
115
-
-
surtax

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

2
7
-
-
chamber of commerce
2
3
-
-
total
73
245
-
-
Dividends
163
556
-
-
surtax

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

2
7
-
-
withholding
36
135
-
-
total
38
142
-
-
Income
800
800
800
800
Total tax
237
387
200
239
After tax
563
413
600
561
Living cost
437
437
437
437
Free-cash
126
-24
163
124

Estimated living cost  is $437 per week

$302
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.
$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.

Riga , Latvia
$311
$219
$408
$404
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.

-
-
-
800
income
-
-
-
-
microenterprise
-
-
-
120
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
surtax
-
-
-
-
total
-
-
-
156
Employee
331
-
645
-
income
59
-
119
-
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
-
71
-
surtax
-
-
-
-
total
95
-
190
-
Employer
331
-
645
-
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
-
155
-
surtax
-
-
-
-
total
80
-
155
-
Corporate
389
800
-
-
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%.

78
160
-
-
total
78
160
-
-
Dividends

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

311
640
-
-
total
-
-
-
-
Income
800
800
800
800
Total tax
253
160
345
156
After tax
547
640
455
644
Living cost
236
236
236
236
Free-cash
311
404
219
408

Estimated living cost  is $236 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.
$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
$332
$282
$291
$355
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
-
-
-
800
income
-
-
-
184
health
-
-
-
76
pensions
-
-
-
105
total
-
-
-
365
Employee
219
-
682
-
health
11
-
26
-
unemployment
2
-
5
-
pensions
20
-
47
-
income
42
-
178
-
total
75
-
256
-
Employer
219
-
682
-
health
21
-
50
-
pensions
24
-
58
-
unemployment
4
-
10
-
total
49
-
118
-
Corporate
532
800
-
-
income
117
176
-
-
total
117
176
-
-
Dividends
415
624
-
-
withholding
83
125
-
-
total
83
125
-
-
Income
800
800
800
800
Total tax
324
301
374
365
After tax
476
499
426
435
Living cost
144
144
144
144
Free-cash
332
355
282
291

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
$212
$167
$184
$248
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
-
-
-
800
pensions
-
-
-
160
unemployment
-
-
-
3
income
-
-
-
130
other
-
-
-
-
health
-
-
-
57
surtax
-
-
-
11
total
-
-
-
361
Employee
382
-
661
-
health
10
-
17
-
unemployment
27
-
46
-
pensions
25
-
44
-
income
64
-
122
-
other
-
-
-
-
surtax
1
-
10
-
total
127
-
239
-
Employer
382
-
661
-
health
17
-
30
-
pensions
51
-
88
-
unemployment
12
-
21
-
other
-
-
-
-
total
80
-
139
-
Corporate
338
800
-
-
income
88
208
-
-
total
88
208
-
-
Dividends
250
592
-
-
withholding
38
89
-
-
total
38
89
-
-
Income
800
800
800
800
Total tax
333
297
378
361
After tax
467
503
422
439
Living cost
255
255
255
255
Free-cash
212
248
167
184

Estimated living cost  is $255 per week

$154
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.
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Graz , Austria
$87
-$79
$71
$92
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
-
-
-
800
pensions
-
-
-
148
chamber of commerce
-
-
-
3
unemployment
-
-
-
70
income
-
-
-
85
health
-
-
-
61
surtax
-
-
-
-
total
-
-
-
367
Employee
495
452
621
-
health
19
17
24
-
unemployment
15
14
19
-
pensions
51
46
64
-
income
44
33
80
-
other
5
5
6
-
total
134
115
193
-
Employer
495
452
621
-
health
19
17
23
-
pensions
62
57
78
-
surtax
-
-
-
-
accident
6
6
8
-
unemployment
15
14
19
-
chamber of commerce
2
2
2
-
payroll
15