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
$ 850
per

Your estimated
City
free-cash

Valencia , Spain
$200
$149
$141
$259
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
-
-
-
850
unemployment
-
-
-
6
income
-
-
-
139
other
-
-
-
1
accident
-
-
-
8
pensions
-
-
-
241
total
-
-
-
395
Employee
422
-
645
-
unemployment
7
-
10
-
pensions
20
-
30
-
income
81
-
141
-
other
-
-
1
-
total
108
-
182
-
Employer
422
-
645
-
pensions
100
-
152
-
accident
8
-
13
-
unemployment
23
-
35
-
other
3
-
5
-
total
134
-
205
-
Corporate
293
850
-
-
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.

44
128
-
-
total
44
128
-
-
Dividends
249
722
-
-
withholding
50
149
-
-
total
50
149
-
-
Income
850
850
850
850
Total tax
336
277
387
395
After tax
514
573
463
455
Living cost
314
314
314
314
Free-cash
200
259
149
141

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
$244
$195
$157
$320
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
-
-
-
850
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.

-
-
-
204
income
-
-
-
108
other
-
-
-
40
health
-
-
-
37
total
-
-
-
389
Employee
415
-
679
-
health
6
-
9
-
unemployment
4
-
7
-
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
-
48
-
income
71
-
117
-
total
110
-
181
-
Employer
415
-
679
-
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.

71
-
115
-
accident
3
-
5
-
unemployment
4
-
7
-
other
21
-
34
-
total
105
-
170
-
Corporate
331
850
-
-
income
69
179
-
-
total
69
179
-
-
Dividends
261
671
-
-
withholding
18
47
-
-
total
18
47
-
-
Income
850
850
850
850
Total tax
302
226
351
389
After tax
548
624
499
461
Living cost
304
304
304
304
Free-cash
244
320
195
157

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
$524
$488
$465
$577
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
-
-
-
850
pensions

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

-
-
-
59
unemployment
-
-
-
2
income
-
-
-
128
health
-
-
-
46
total
-
-
-
235
Employee
198
-
772
-
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
-
77
-
total
48
-
134
-
Employer
198
-
772
-
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
613
850
-
-
income
61
85
-
-
total
61
85
-
-
Dividends
551
765
-
-
withholding
28
38
-
-
total
28
38
-
-
Income
850
850
850
850
Total tax
176
123
212
235
After tax
674
727
638
615
Living cost
150
150
150
150
Free-cash
524
577
488
465

Estimated living cost  is $150 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.
$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
$106
$119
$115
$38
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
-
-
-
850
income
-
-
-
48
other
-
-
-
26
health
-
-
-
7
social contributions
-
-
-
24
pensions
-
-
-
239
surtax
-
-
-
-
total
-
-
-
344
Employee
489
-
648
-
pensions
55
-
73
-
income
29
-
48
-
social contributions
14
-
18
-
surtax
-
-
-
-
total
98
-
139
-
Employer
489
-
648
-
health
34
-
45
-
social contributions
1
-
2
-
pensions
80
-
106
-
unemployment
20
-
26
-
other
17
-
22
-
total
152
-
201
-
Corporate
208
850
-
-
income
58
238
-
-
surtax
-
-
-
-
total
58
238
-
-
Dividends
150
612
-
-
social contributions
26
105
-
-
surtax
-
-
-
-
withholding
19
78
-
-
total
45
183
-
-
Income
850
850
850
850
Total tax
353
421
340
344
After tax
497
429
510
506
Living cost
391
391
391
391
Free-cash
106
38
119
115

Estimated living cost  is $391 per week

$246
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
-$286
-$286
$5
-$221
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
-
-
-
850
pensions
-
-
-
134
income
-
-
-
112
health
-
-
-
120
total
-
-
-
366
Employee
976
976
976
-
health
150
127
150
-
pensions
176
134
176
-
income

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

160
160
160
-
total
486
421
486
-
Employer
976
976
976
-
health
68
68
68
-
pensions
68
68
68
-
unemployment
35
35
35
-
total
171
171
171
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
850
850
850
850
Total tax
657
592
657
366
After tax
193
258
193
484
Living cost
479
479
479
479
Free-cash
-286
-221
-286
5

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
$211
$287
$237
$84
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.

-
-
-
850
trade
-
-
-
50
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.

-
-
-
132
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.

-
-
-
7
total
-
-
-
267
Employee

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

437
-
850
-
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
-
132
-
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
-
7
-
total
91
-
217
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
413
850
-
-
income
62
128
-
-
trade
65
134
-
-
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
132
272
-
-
Dividends
280
579
-
-
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.

4
8
-
-
withholding
66
140
-
-
total
70
148
-
-
Income
850
850
850
850
Total tax
293
420
217
267
After tax
557
430
633
583
Living cost
346
346
346
346
Free-cash
211
84
287
237

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
$297
$345
$371
$327
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
-
-
-
850
income
-
-
-
59
health
-
-
-
22
social contributions
-
-
-
133
total
-
-
-
214
Employee
879
879
879
-
health
7
15
13
-
income
96
81
85
-
social contributions
33
73
64
-
total
136
169
162
-
Employer
879
879
879
-
health
7
16
14
-
social contributions
33
73
64
-
total
40
89
78
-
Corporate
409
-
-
-
income
51
-
-
-
total
51
-
-
-
Dividends
358
-
-
-
withholding
61
-
-
-
total
61
-
-
-
Income
850
850
850
850
Total tax
288
258
240
214
After tax
562
592
610
636
Living cost
265
265
265
265
Free-cash
297
327
345
371

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
$114
$92
$125
$125
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.

-
-
-
850
income
-
-
-
72
social contributions

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

-
-
-
295
surtax
-
-
-
-
total
-
-
-
367
Employee
525
-
687
-
income
109
-
161
-
social contributions
58
-
76
-
surtax
-
-
-
-
total
167
-
237
-
Employer
525
-
687
-
social contributions
125
-
163
-
total
125
-
163
-
Corporate
200
850
-
-
income
42
179
-
-
surtax
-
-
-
-
total
42
179
-
-
Dividends
158
671
-
-
withholding
44
188
-
-
total
44
188
-
-
Income
850
850
850
850
Total tax
378
367
400
367
After tax
472
483
450
483
Living cost
358
358
358
358
Free-cash
114
125
92
125

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
$707
$595
$756
$722
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%.

-
-
-
850
microenterprise

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

-
-
-
9
total
-
-
-
9
Employee
107
-
850
-
income
21
-
170
-
total
21
-
170
-
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%.

743
850
-
-
total
-
-
-
-
Dividends
743
850
-
-
withholding
37
43
-
-
total
37
43
-
-
Income
850
850
850
850
Total tax
58
43
170
9
After tax
792
807
680
841
Living cost
85
85
85
85
Free-cash
707
722
595
756

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
$183
$122
$147
$279
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.

-
-
-
850
pensions
-
-
-
155
unemployment
-
-
-
1
income
-
-
-
157
health
-
-
-
84
total
-
-
-
397
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
-
735
-
health
33
-
48
-
unemployment
1
-
1
-
pensions
78
-
114
-
income
87
-
145
-
total
199
-
308
-
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
-
735
-
health
34
-
49
-
pensions
45
-
65
-
unemployment
-
-
-
-
total
79
-
114
-
Corporate
266
850
-
-
income
51
162
-
-
total
51
162
-
-
Dividends
216
688
-
-
withholding
32
103
-
-
total
32
103
-
-
Income
850
850
850
850
Total tax
361
265
422
397
After tax
489
585
428
453
Living cost
306
306
306
306
Free-cash
183
279
122
147

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
$142
$204
$38
$78
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.

-
-
-
850
income
-
-
-
325
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
-
-
-
397
Employee
524
-
797
-
social contributions
53
-
53
-
income
57
-
125
-
total
110
-
178
-
Employer
524
-
797
-
social contributions
53
-
53
-
total
53
-
53
-
Corporate
273
850
-
-
income
96
297
-
-
total
96
297
-
-
Dividends
178
553
-
-
social contributions
34
60
-
-
total
34
60
-
-
Income
850
850
850
850
Total tax
293
357
231
397
After tax
557
493
619
453
Living cost
415
415
415
415
Free-cash
142
78
204
38

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.
$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
$282
$321
$304
$278
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
-
-
-
850
income
-
-
-
128
health
-
-
-
59
social contributions
-
-
-
117
total
-
-
-
304
Employee
387
-
850
-
health
27
-
59
-
income
65
-
111
-
social contributions
53
-
117
-
total
145
-
287
-
Employer
387
-
850
-
total
-
-
-
-
Corporate
463
850
-
-
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%.

23
42
-
-
total
23
42
-
-
Dividends
440
808
-
-
social contributions
61
111
-
-
withholding
66
121
-
-
health
31
56
-
-
total
158
288
-
-
Income
850
850
850
850
Total tax
326
330
287
304
After tax
524
520
563
546
Living cost
242
242
242
242
Free-cash
282
278
321
304

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
$154
$113
$95
$266
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
-
-
-
850
income
-
-
-
73
health
-
-
-
115
social contributions
-
-
-
248
solidarity contribution
-
-
-
-
total
-
-
-
436
Employee
468
-
634
-
health
63
-
86
-
solidarity contribution
-
-
-
-
income
56
-
76
-
social contributions
30
-
41
-
total
149
-
203
-
Employer
468
-
634
-
health
42
-
57
-
social contributions
117
-
159
-
total
159
-
216
-
Corporate
222
850
-
-
income
42
162
-
-
total
42
162
-
-
Dividends
180
688
-
-
withholding
27
103
-
-
total
27
103
-
-
Income
850
850
850
850
Total tax
377
265
419
436
After tax
473
585
431
414
Living cost
318
318
318
318
Free-cash
154
266
113
95

Estimated living cost  is $318 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.
$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
$650
$547
$708
$674
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%.

-
-
-
850
microenterprise

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

-
-
-
9
total
-
-
-
9
Employee
166
-
850
-
income
33
-
170
-
total
33
-
170
-
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%.

684
850
-
-
total
-
-
-
-
Dividends
684
850
-
-
withholding
34
43
-
-
total
34
43
-
-
Income
850
850
850
850
Total tax
67
43
170
9
After tax
783
807
680
841
Living cost
133
133
133
133
Free-cash
650
674
547
708

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
-$89
-$42
-$46
-$123
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
-
-
-
850
income
-
-
-
48
other
-
-
-
26
health
-
-
-
7
social contributions
-
-
-
24
pensions
-
-
-
239
surtax
-
-
-
-
total
-
-
-
344
Employee
716
-
648
-
pensions
81
-
73
-
income
62
-
48
-
social contributions
20
-
18
-
surtax
-
-
-
-
total
163
-
139
-
Employer
716
-
648
-
health
50
-
45
-
social contributions
2
-
2
-
pensions
118
-
106
-
unemployment
29
-
26
-
other
25
-
22
-
total
224
-
201
-
Corporate
-
850
-
-
income
-
238
-
-
surtax
-
-
-
-
total
-
238
-
-
Dividends
-
612
-
-
social contributions
-
105
-
-
surtax
-
-
-
-
withholding
-
78
-
-
total
-
183
-
-
Income
850
850
850
850
Total tax
387
421
340
344
After tax
463
429
510
506
Living cost
552
552
552
552
Free-cash
-89
-123
-42
-46

Estimated living cost  is $552 per week

$373
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
$361
$248
$217
$417
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.

-
-
-
850
pensions
-
-
-
219
unemployment
-
-
-
13
income
-
-
-
117
health
-
-
-
87
total
-
-
-
436
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
-
721
-
health
15
-
37
-
unemployment
2
-
5
-
pensions
42
-
101
-
income
41
-
133
-
total
100
-
276
-
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
-
721
-
health
15
-
37
-
pensions
36
-
87
-
unemployment
2
-
5
-
total
53
-
129
-
Corporate
500
850
-
-
income
75
128
-
-
total
75
128
-
-
Dividends
425
722
-
-
withholding
64
108
-
-
total
64
108
-
-
Income
850
850
850
850
Total tax
292
236
405
436
After tax
558
614
445
414
Living cost
197
197
197
197
Free-cash
361
417
248
217

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
-$167
-$123
-$80
-$405
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
850
pensions
-
-
-
78
city
-
-
-
9
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.

-
-
-
17
health
-
-
-
3
regional
-
-
-
25
national
-
-
-
4
total
-
-
-
136
Employee
929
-
761
-
health
2
-
2
-
unemployment
-
-
-
-
city
10
-
8
-
pensions
78
-
64
-
regional
30
-
21
-
national
4
-
3
-
total
124
-
98
-
Employer
929
-
761
-
health
2
-
2
-
pensions
78
-
64
-
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
-
15
-
total
99
-
81
-
Corporate
-
850
-
-
regional
-
180
-
-
national
-
72
-
-
total
-
252
-
-
Dividends
-
598
-
-
withholding
-
209
-
-
total
-
209
-
-
Income
850
850
850
850
Total tax
223
461
179
136
After tax
627
389
671
714
Living cost
794
794
794
794
Free-cash
-167
-405
-123
-80

Estimated living cost  is $794 per week

$516
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
$93
$68
$193
$141
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

-
-
-
850
municipal
-
-
-
152
health
-
-
-
8
national
-
-
-
58
total
-
-
-
218
Employee
601
-
715
-
health
4
-
6
-
unemployment
9
-
11
-
pensions
41
-
48
-
national
10
-
25
-
municipal
98
-
117
-
total
162
-
207
-
Employer
601
-
715
-
health
5
-
6
-
pensions
104
-
124
-
accident
1
-
1
-
unemployment
4
-
5
-
total
114
-
136
-
Corporate
135
850
-
-
income
27
170
-
-
total
27
170
-
-
Dividends

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

81
510
-
-
municipal
15
92
-
-
national
-
8
-
-
total
15
100
-
-
Income
850
850
850
850
Total tax
318
270
343
218
After tax
532
580
507
632
Living cost
439
439
439
439
Free-cash
93
141
68
193

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
-$205
-$69
$11
$61
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
-
-
-
850
communal

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

-
-
-
44
social contributions
-
-
-
117
national
-
-
-
261
total
-
-
-
422
Employee

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

817
-
658
-
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
-
31
-
communal

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

43
-
34
-
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
-
6
-
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
-
49
-
national
251
-
189
-
total
400
-
309
-
Employer

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

817
-
658
-
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
-
41
-
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
-
58
-
surtax
93
-
75
-
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
-
9
-
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
-
10
-
total
238
-
193
-
Corporate
-
850
-
-
income
-
170
-
-
surtax
-
3
-
-
total
-
173
-
-
Dividends
-
677
-
-
withholding

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

-
199
-
-
total
-
199
-
-
Income
850
850
850
850
Total tax
638
372
502
422
After tax
212
478
348
428
Living cost
417
417
417
417
Free-cash
-205
61
-69
11

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
-$72
-$38
-$69
-$28
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
-
-
-
850
unemployment
-
-
-
1
municipal
-
-
-
180
other
-
-
-
99
health
-
-
-
53
national
-
-
-
-
accident
-
-
-
2
pensions
-
-
-
92
total
-
-
-
427
Employee
702
-
647
-
national
-
-
-
-
municipal
209
-
193
-
total
209
-
193
-
Employer
702
-
647
-
health
43
-
40
-
pensions
76
-
70
-
accident
1
-
1
-
unemployment
19
-
17
-
other
82
-
75
-
total
221
-
203
-
Corporate
-
850
-
-
income
-
187
-
-
total
-
187
-
-
Dividends
-
663
-
-
withholding
-
199
-
-
total
-
199
-
-
Income
850
850
850
850
Total tax
430
386
396
427
After tax
420
464
454
423
Living cost
492
492
492
492
Free-cash
-72
-28
-38
-69

Estimated living cost  is $492 per week

$326
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
-$1023
$143
$45
-$25
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
-
-
-
850
income
-
-
-
166
social contributions
-
-
-
97
total
-
-
-
263
Employee
777
-
-
-
income
171
-
-
-
social contributions
64
-
9
-
total
235
-
9
-
Employer
777
-
-
-
social contributions
1 096
-
156
-
total
1 096
-
156
-
Corporate
-
850
-
-
income
-
187
-
-
total
-
187
-
-
Dividends
-
663
-
-
income
-
146
-
-
total
-
146
-
-
Income
850
850
850
850
Total tax
1 331
333
165
263
After tax
-481
517
685
587
Living cost
542
542
542
542
Free-cash
-1 023
-25
143
45

Estimated living cost  is $542 per week

$352
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
$205
$239
$265
$221
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
-
-
-
850
income
-
-
-
59
health
-
-
-
22
social contributions
-
-
-
133
total
-
-
-
214
Employee
879
879
879
-
health
9
15
13
-
income
92
81
85
-
social contributions
43
73
64
-
total
144
169
162
-
Employer
879
879
879
-
health
10
16
14
-
social contributions
43
73
64
-
total
53
89
78
-
Corporate
284
-
-
-
income
35
-
-
-
total
35
-
-
-
Dividends
248
-
-
-
withholding
42
-
-
-
total
42
-
-
-
Income
850
850
850
850
Total tax
274
258
240
214
After tax
576
592
610
636
Living cost
371
371
371
371
Free-cash
205
221
239
265

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
$167
$134
$227
$229
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
-
-
-
850
income
-
-
-
158
pensions
-
-
-
58
total
-
-
-
216
Employee
559
-
753
-
health
7
-
11
-
pensions
43
-
66
-
income
102
-
135
-
total
152
-
212
-
Employer
559
-
753
-
health
11
-
14
-
pensions
56
-
83
-
total
67
-
97
-
Corporate
224
850
-
-
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.

43
162
-
-
total
43
162
-
-
Dividends
182
688
-
-
withholding
14
52
-
-
total
14
52
-
-
Income
850
850
850
850
Total tax
276
214
309
216
After tax
574
636
541
634
Living cost
407
407
407
407
Free-cash
167
229
134
227

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
-$114
-$48
-$4
-$7
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
-
-
-
850
municipal
-
-
-
6
regional
-
-
-
14
social contributions
-
-
-
219
national
-
-
-
160
total
-
-
-
399
Employee
963
-
850
-
social contributions
325
-
287
-
regional
15
-
12
-
national
163
-
139
-
municipal
6
-
5
-
total
509
-
443
-
Employer
963
-
850
-
total
-
-
-
-
Corporate
-
850
-
-
nationa
-
204
-
-
municipal
-
41
-
-
total
-
245
-
-
Dividends
-
605
-
-
withholding
-
157
-
-
total
-
157
-
-
Income
850
850
850
850
Total tax
509
402
443
399
After tax
341
448
407
451
Living cost
455
455
455
455
Free-cash
-114
-7
-48
-4

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
$32
$187
$343
-$173
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
-
-
-
850
pensions
-
-
-
46
income
-
-
-
188
other
-
-
-
4
health
-
-
-
24
accident
-
-
-
3
total
-
-
-
265
Employee
381
-
706
-
health
44
-
81
-
pensions
43
-
80
-
income
52
-
116
-
total
139
-
277
-
Employer
381
-
706
-
pensions
62
-
115
-
accident
6
-
12
-
unemployment
9
-
17
-
total
77
-
144
-
Corporate
392
850
-
-
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.

353
765
-
-
total
353
765
-
-
Dividends
39
85
-
-
withholding
7
16
-
-
total
7
16
-
-
Income
850
850
850
850
Total tax
576
781
421
265
After tax
274
69
429
585
Living cost
242
242
242
242
Free-cash
32
-173
187
343

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
$149
$192
$146
-$2
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.

-
-
-
850
trade
-
-
-
46
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.

-
-
-
132
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.

-
-
-
7
total
-
-
-
263
Employee

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

568
-
850
-
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
-
132
-
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
-
total
128
-
217
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
282
850
-
-
income
42
128
-
-
trade
40
122
-
-
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
86
260
-
-
Dividends
194
591
-
-
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
8
-
-
withholding
44
143
-
-
total
46
151
-
-
Income
850
850
850
850
Total tax
260
411
217
263
After tax
590
439
633
587
Living cost
441
441
441
441
Free-cash
149
-2
192
146

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
$349
$245
$448
$442
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.

-
-
-
850
income
-
-
-
-
microenterprise
-
-
-
128
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
-
-
-
164
Employee
334
-
685
-
income
59
-
127
-
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
-
75
-
surtax
-
-
-
-
total
96
-
202
-
Employer
334
-
685
-
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
-
165
-
surtax
-
-
-
-
total
80
-
165
-
Corporate
436
850
-
-
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%.

87
170
-
-
total
87
170
-
-
Dividends

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

349
680
-
-
total
-
-
-
-
Income
850
850
850
850
Total tax
263
170
367
164
After tax
587
680
483
686
Living cost
238
238
238
238
Free-cash
349
442
245
448

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
$368
$320
$331
$390
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
-
-
-
850
income
-
-
-
203
health
-
-
-
74
pensions
-
-
-
102
total
-
-
-
379
Employee
214
-
735
-
health
11
-
26
-
unemployment
2
-
5
-
pensions
19
-
46
-
income
41
-
198
-
total
73
-
275
-
Employer
214
-
735
-
health
20
-
49
-
pensions
24
-
56
-
unemployment
4
-
10
-
total
48
-
115
-
Corporate
588
850
-
-
income
129
187
-
-
total
129
187
-
-
Dividends
459
663
-
-
withholding
92
133
-
-
total
92
133
-
-
Income
850
850
850
850
Total tax
342
320
390
379
After tax
508
530
460
471
Living cost
140
140
140
140
Free-cash
368
390
320
331

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
$241
$187
$207
$278
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
-
-
-
850
pensions
-
-
-
170
unemployment
-
-
-
3
income
-
-
-
140
other
-
-
-
-
health
-
-
-
60
surtax
-
-
-
13
total
-
-
-
386
Employee
385
-
702
-
health
10
-
18
-
unemployment
27
-
49
-
pensions
26
-
47
-
income
65
-
132
-
other
-
-
-
-
surtax
1
-
12
-
total
129
-
258
-
Employer
385
-
702
-
health
17
-
32
-
pensions
51
-
94
-
unemployment
12
-
22
-
other
-
-
-
-
total
80
-
148
-
Corporate
384
850
-
-
income
100
221
-
-
total
100
221
-
-
Dividends
284
629
-
-
withholding
43
94
-
-
total
43
94
-
-
Income
850
850
850
850
Total tax
352
315
406
386
After tax
498
535
444
464
Living cost
257
257
257
257
Free-cash
241
278
187
207

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
$113
-$71
$94
$116
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
-
-
-
850
pensions
-
-
-
157
chamber of commerce
-
-
-
3
unemployment
-
-
-
70
income
-
-
-
97
health
-
-
-
65
surtax
-
-
-
-
total
-
-
-
392
Employee
499
455
660
-
health
19
18
26
-
unemployment
15
14
20
-
pensions
51
47
68
-
income
44
34
91
-
other
5
5
7
-
total
134
118
212
-
Employer
499
455
660
-
health
19
17
25
-
pensions
63
57
83
-
surtax
-
-
-
-
accident
6
6
9
-
unemployment
15
14
20
-
chamber of commerce
2
2
3
-
payroll
15