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
$158
$151
$271
$215
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
-
-
-
140
accident
-
-
-
8
unemployment
-
-
-
6
pensions
-
-
-
241
other
-
-
-
1
total
-
-
-
396
Employee
407
-
645
-
other
-
-
1
-
income
78
-
143
-
unemployment
6
-
10
-
pensions
19
-
30
-
total
103
-
184
-
Employer
407
-
645
-
unemployment
22
-
35
-
pensions
96
-
152
-
other
3
-
5
-
accident
8
-
13
-
total
129
-
205
-
Corporate
313
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.

47
127
-
-
total
47
127
-
-
Dividends
266
723
-
-
withholding
53
149
-
-
total
53
149
-
-
Income
850
850
850
850
Total tax
332
276
389
396
After tax
518
574
461
454
Living cost
303
303
303
303
Free-cash
215
271
158
151

Estimated living cost  is $303 per week

$204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$29
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
$204
$168
$332
$257
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
-
-
-
108
health
-
-
-
37
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
other
-
-
-
40
total
-
-
-
389
Employee
400
-
679
-
income
69
-
117
-
health
6
-
10
-
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.

28
-
48
-
total
107
-
182
-
Employer
400
-
679
-
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.

68
-
115
-
other
20
-
34
-
accident
3
-
5
-
health
6
-
10
-
total
101
-
171
-
Corporate
350
850
-
-
income
73
178
-
-
total
73
178
-
-
Dividends
276
672
-
-
withholding
19
47
-
-
total
19
47
-
-
Income
850
850
850
850
Total tax
300
225
353
389
After tax
550
625
497
461
Living cost
293
293
293
293
Free-cash
257
332
204
168

Estimated living cost  is $293 per week

$207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$62
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
$498
$475
$583
$532
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
-
-
-
44
unemployment
-
-
-
2
pensions

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

-
-
-
57
total
-
-
-
231
Employee
191
-
775
-
income
19
-
77
-
health
9
-
18
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
pensions

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

17
-
34
-
total
47
-
133
-
Employer
191
-
775
-
unemployment
1
-
2
-
pensions

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

21
-
42
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
health
13
-
27
-
total
37
-
75
-
Corporate
622
850
-
-
income
62
85
-
-
total
62
85
-
-
Dividends
559
765
-
-
withholding
28
38
-
-
total
28
38
-
-
Income
850
850
850
850
Total tax
174
123
208
231
After tax
676
727
642
619
Living cost
144
144
144
144
Free-cash
532
583
498
475

Estimated living cost  is $144 per week

$84
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$10
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$46
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
$132
$114
$52
$118
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
-
-
-
47
social contributions
-
-
-
24
health
-
-
-
7
surtax
-
-
-
-
pensions
-
-
-
255
other
-
-
-
26
total
-
-
-
359
Employee
471
-
648
-
income
28
-
49
-
social contributions
13
-
18
-
surtax
-
-
-
-
pensions
53
-
73
-
total
94
-
140
-
Employer
471
-
648
-
unemployment
19
-
26
-
social contributions
1
-
2
-
pensions
77
-
106
-
other
16
-
22
-
health
33
-
45
-
total
146
-
201
-
Corporate
232
850
-
-
income
65
238
-
-
surtax
-
-
-
-
total
65
238
-
-
Dividends
167
612
-
-
withholding
21
78
-
-
surtax
-
-
-
-
social contributions
29
105
-
-
total
50
183
-
-
Income
850
850
850
850
Total tax
355
421
341
359
After tax
495
429
509
491
Living cost
377
377
377
377
Free-cash
118
52
132
114

Estimated living cost  is $377 per week

$237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$31
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
-$242
$22
-$181
-$242
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
-
-
-
120
health
-
-
-
118
pensions
-
-
-
129
total
-
-
-
367
Employee
940
940
940
-
income

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

154
154
154
-
health
144
123
144
-
pensions
169
129
169
-
total
467
406
467
-
Employer
940
940
940
-
unemployment
34
34
34
-
pensions
65
65
65
-
health
65
65
65
-
total
164
164
164
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
850
850
850
850
Total tax
631
570
631
367
After tax
219
280
219
483
Living cost
461
461
461
461
Free-cash
-242
-181
-242
22

Estimated living cost  is $461 per week

$327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$42
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$85
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
$296
$243
$97
$218
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
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.

-
-
-
138
health

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

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

-
-
-
75
trade
-
-
-
53
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.

-
-
-
8
total
-
-
-
274
Employee

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

421
-
850
-
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
-
138
-
health

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

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

75
-
75
-
surtax

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

1
-
8
-
total
88
-
221
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
429
850
-
-
chamber of commerce
2
3
-
-
income
64
127
-
-
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
7
-
-
trade
68
134
-
-
total
138
271
-
-
Dividends
291
579
-
-
withholding
69
141
-
-
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
-
-
total
73
149
-
-
Income
850
850
850
850
Total tax
299
420
221
274
After tax
551
430
629
576
Living cost
333
333
333
333
Free-cash
218
97
296
243

Estimated living cost  is $333 per week

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

Additional information

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

Larnaca , Cyprus
$359
$377
$347
$309
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
-
-
-
63
social contributions
-
-
-
133
health
-
-
-
22
total
-
-
-
218
Employee
846
846
846
-
income
92
78
81
-
social contributions
32
70
64
-
health
7
14
13
-
total
131
162
158
-
Employer
846
846
846
-
social contributions
32
70
64
-
health
7
16
14
-
total
39
86
78
-
Corporate
425
-
-
-
income
53
-
-
-
total
53
-
-
-
Dividends
372
-
-
-
withholding
63
-
-
-
total
63
-
-
-
Income
850
850
850
850
Total tax
286
248
236
218
After tax
564
602
614
632
Living cost
255
255
255
255
Free-cash
309
347
359
377

Estimated living cost  is $255 per week

$153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$71
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
$103
$137
$139
$128
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
-
-
-
73
social contributions

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

-
-
-
295
surtax
-
-
-
-
total
-
-
-
368
Employee
506
-
687
-
income
105
-
163
-
social contributions
56
-
76
-
surtax
-
-
-
-
total
161
-
239
-
Employer
506
-
687
-
social contributions
120
-
163
-
total
120
-
163
-
Corporate
224
850
-
-
income
47
178
-
-
surtax
-
-
-
-
total
47
178
-
-
Dividends
177
672
-
-
withholding
49
188
-
-
total
49
188
-
-
Income
850
850
850
850
Total tax
377
366
402
368
After tax
473
484
448
482
Living cost
345
345
345
345
Free-cash
128
139
103
137

Estimated living cost  is $345 per week

$258
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$61
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
$598
$760
$725
$710
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.

-
-
-
8
total
-
-
-
8
Employee
103
-
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%.

747
850
-
-
total
-
-
-
-
Dividends
747
850
-
-
withholding
37
43
-
-
total
37
43
-
-
Income
850
850
850
850
Total tax
58
43
170
8
After tax
792
807
680
842
Living cost
82
82
82
82
Free-cash
710
725
598
760

Estimated living cost  is $82 per week

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

Additional information

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

Ljubljana , Slovenia
$131
$156
$291
$199
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
income
-
-
-
159
health
-
-
-
84
unemployment
-
-
-
1
pensions
-
-
-
155
total
-
-
-
399
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.

487
-
735
-
income
84
-
147
-
health
31
-
48
-
unemployment
1
-
1
-
pensions
75
-
114
-
total
191
-
310
-
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.

487
-
735
-
unemployment
-
-
-
-
pensions
43
-
65
-
health
32
-
49
-
total
75
-
114
-
Corporate
288
850
-
-
income
55
161
-
-
total
55
161
-
-
Dividends
233
689
-
-
withholding
35
103
-
-
total
35
103
-
-
Income
850
850
850
850
Total tax
356
264
424
399
After tax
494
586
426
451
Living cost
295
295
295
295
Free-cash
199
291
131
156

Estimated living cost  is $295 per week

$203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$19
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$68
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
$220
$65
$94
$157
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
-
-
-
313
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
-
-
-
385
Employee
505
-
799
-
social contributions
51
-
51
-
income
55
-
128
-
total
106
-
179
-
Employer
505
-
799
-
social contributions
51
-
51
-
total
51
-
51
-
Corporate
295
850
-
-
income
103
298
-
-
total
103
298
-
-
Dividends
191
552
-
-
social contributions
33
58
-
-
total
33
58
-
-
Income
850
850
850
850
Total tax
293
356
230
385
After tax
557
494
620
465
Living cost
400
400
400
400
Free-cash
157
94
220
65

Estimated living cost  is $400 per week

$263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$31
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$99
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
$328
$314
$286
$291
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
-
-
-
127
social contributions
-
-
-
117
health
-
-
-
59
total
-
-
-
303
Employee
373
-
850
-
income
62
-
113
-
social contributions
51
-
117
-
health
26
-
59
-
total
139
-
289
-
Employer
373
-
850
-
total
-
-
-
-
Corporate
477
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%.

24
43
-
-
total
24
43
-
-
Dividends
453
807
-
-
withholding
68
121
-
-
health
32
56
-
-
social contributions
63
111
-
-
total
163
288
-
-
Income
850
850
850
850
Total tax
326
331
289
303
After tax
524
519
561
547
Living cost
233
233
233
233
Free-cash
291
286
328
314

Estimated living cost  is $233 per week

$156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$14
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$57
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
$129
$112
$284
$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
-
-
-
850
income
-
-
-
73
social contributions
-
-
-
248
solidarity contribution
-
-
-
-
health
-
-
-
115
total
-
-
-
436
Employee
444
-
634
-
solidarity contribution
-
-
-
-
income
53
-
76
-
social contributions
29
-
41
-
health
60
-
86
-
total
142
-
203
-
Employer
444
-
634
-
social contributions
111
-
159
-
health
40
-
57
-
total
151
-
216
-
Corporate
255
850
-
-
income
48
161
-
-
total
48
161
-
-
Dividends
207
689
-
-
withholding
31
103
-
-
total
31
103
-
-
Income
850
850
850
850
Total tax
372
264
419
436
After tax
478
586
431
414
Living cost
302
302
302
302
Free-cash
176
284
129
112

Estimated living cost  is $302 per week

$225
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$55
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
$552
$714
$679
$656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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.

-
-
-
8
total
-
-
-
8
Employee
161
-
850
-
income
32
-
170
-
total
32
-
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%.

689
850
-
-
total
-
-
-
-
Dividends
689
850
-
-
withholding
34
43
-
-
total
34
43
-
-
Income
850
850
850
850
Total tax
66
43
170
8
After tax
784
807
680
842
Living cost
128
128
128
128
Free-cash
656
679
552
714

Estimated living cost  is $128 per week

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

Additional information

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

Paris , France
-$23
-$41
-$103
-$55
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
-
-
-
47
social contributions
-
-
-
24
health
-
-
-
7
surtax
-
-
-
-
pensions
-
-
-
255
other
-
-
-
26
total
-
-
-
359
Employee
689
-
648
-
income
60
-
49
-
social contributions
20
-
18
-
surtax
-
-
-
-
pensions
78
-
73
-
total
158
-
140
-
Employer
689
-
648
-
unemployment
28
-
26
-
social contributions
2
-
2
-
pensions
113
-
106
-
other
24
-
22
-
health
48
-
45
-
total
215
-
201
-
Corporate
-
850
-
-
income
-
238
-
-
surtax
-
-
-
-
total
-
238
-
-
Dividends
-
612
-
-
withholding
-
78
-
-
surtax
-
-
-
-
social contributions
-
105
-
-
total
-
183
-
-
Income
850
850
850
850
Total tax
373
421
341
359
After tax
477
429
509
491
Living cost
532
532
532
532
Free-cash
-55
-103
-23
-41

Estimated living cost  is $532 per week

$360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$43
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
$252
$230
$425
$371
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
income
-
-
-
124
health
-
-
-
83
unemployment
-
-
-
12
pensions
-
-
-
211
total
-
-
-
430
Employee

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

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

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

286
-
721
-
income
39
-
136
-
health
15
-
37
-
unemployment
2
-
5
-
pensions
40
-
101
-
total
96
-
279
-
Employer

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

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

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

286
-
721
-
unemployment
2
-
5
-
pensions
34
-
87
-
health
15
-
37
-
total
51
-
129
-
Corporate
513
850
-
-
income
77
127
-
-
total
77
127
-
-
Dividends
436
723
-
-
withholding
65
108
-
-
total
65
108
-
-
Income
850
850
850
850
Total tax
289
235
408
430
After tax
561
615
442
420
Living cost
190
190
190
190
Free-cash
371
425
252
230

Estimated living cost  is $190 per week

$128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$42
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
-$100
-$57
-$381
-$138
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
regional
-
-
-
26
national
-
-
-
4
health
-
-
-
3
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
pensions
-
-
-
78
total
-
-
-
137
Employee
902
-
761
-
regional
30
-
22
-
city
10
-
8
-
health
2
-
2
-
unemployment
-
-
-
-
national
4
-
3
-
pensions
76
-
64
-
total
122
-
99
-
Employer
902
-
761
-
unemployment
-
-
-
-
pensions
76
-
64
-
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
-
15
-
health
2
-
2
-
total
96
-
81
-
Corporate
-
850
-
-
regional
-
180
-
-
national
-
72
-
-
total
-
252
-
-
Dividends
-
598
-
-
withholding
-
209
-
-
total
-
209
-
-
Income
850
850
850
850
Total tax
218
461
180
137
After tax
632
389
670
713
Living cost
770
770
770
770
Free-cash
-138
-381
-100
-57

Estimated living cost  is $770 per week

$501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$69
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$9
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

Helsinki , Finland
$81
$206
$156
$112
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
-
-
-
151
national
-
-
-
61
health
-
-
-
9
total
-
-
-
221
Employee
579
-
715
-
health
4
-
6
-
unemployment
9
-
11
-
national
10
-
28
-
municipal
95
-
117
-
pensions
39
-
48
-
total
157
-
210
-
Employer
579
-
715
-
unemployment
4
-
5
-
pensions
100
-
124
-
accident
1
-
1
-
health
4
-
6
-
total
109
-
136
-
Corporate
162
850
-
-
income
32
170
-
-
total
32
170
-
-
Dividends

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

97
510
-
-
national
-
9
-
-
municipal
17
92
-
-
total
17
101
-
-
Income
850
850
850
850
Total tax
315
271
346
221
After tax
535
579
504
629
Living cost
423
423
423
423
Free-cash
112
156
81
206

Estimated living cost  is $423 per week

$276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$41
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$99
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
-$55
$23
$77
-$165
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
national
-
-
-
263
social contributions
-
-
-
119
communal

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

-
-
-
44
total
-
-
-
426
Employee

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

787
-
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.

37
-
31
-
communal

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

41
-
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
-
national
242
-
192
-
pensions

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

59
-
49
-
total
386
-
312
-
Employer

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

787
-
658
-
unemployment

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

11
-
10
-
pensions

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

70
-
58
-
surtax
89
-
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.

10
-
9
-
health

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

48
-
40
-
total
228
-
192
-
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
614
372
504
426
After tax
236
478
346
424
Living cost
401
401
401
401
Free-cash
-165
77
-55
23

Estimated living cost  is $401 per week

$258
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$35
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
$1
-$30
$11
$0
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
-
-
-
180
national
-
-
-
-
health
-
-
-
53
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
92
other
-
-
-
99
total
-
-
-
427
Employee
645
-
647
-
national
-
-
-
-
municipal
192
-
193
-
total
192
-
193
-
Employer
645
-
647
-
unemployment
17
-
17
-
pensions
70
-
70
-
other
75
-
75
-
accident
1
-
1
-
health
40
-
40
-
total
203
-
203
-
Corporate
2
850
-
-
income
1
187
-
-
total
1
187
-
-
Dividends
2
663
-
-
withholding
1
199
-
-
total
1
199
-
-
Income
850
850
850
850
Total tax
397
386
396
427
After tax
453
464
454
423
Living cost
453
453
453
453
Free-cash
-
11
1
-30

Estimated living cost  is $453 per week

$300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$44
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
$195
$85
$15
-$886
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
720
-
-
-
income
159
-
-
-
social contributions
59
-
8
-
total
218
-
8
-
Employer
720
-
-
-
social contributions
1 016
-
145
-
total
1 016
-
145
-
Corporate
-
850
-
-
income
-
187
-
-
total
-
187
-
-
Dividends
-
663
-
-
income
-
146
-
-
total
-
146
-
-
Income
850
850
850
850
Total tax
1 234
333
153
263
After tax
-384
517
697
587
Living cost
502
502
502
502
Free-cash
-886
15
195
85

Estimated living cost  is $502 per week

$326
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$47
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
$257
$275
$245
$222
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
-
-
-
63
social contributions
-
-
-
133
health
-
-
-
22
total
-
-
-
218
Employee
846
846
846
-
income
89
78
81
-
social contributions
41
70
64
-
health
8
14
13
-
total
138
162
158
-
Employer
846
846
846
-
social contributions
41
70
64
-
health
9
16
14
-
total
50
86
78
-
Corporate
304
-
-
-
income
38
-
-
-
total
38
-
-
-
Dividends
266
-
-
-
withholding
45
-
-
-
total
45
-
-
-
Income
850
850
850
850
Total tax
271
248
236
218
After tax
579
602
614
632
Living cost
357
357
357
357
Free-cash
222
245
257
275

Estimated living cost  is $357 per week

$244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$28
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$79
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
$139
$232
$235
$175
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
552
-
752
-
income
100
-
135
-
health
7
-
11
-
pensions
42
-
66
-
total
149
-
212
-
Employer
552
-
752
-
pensions
56
-
83
-
health
10
-
14
-
total
66
-
97
-
Corporate
232
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.

44
161
-
-
total
44
161
-
-
Dividends
188
689
-
-
withholding
14
52
-
-
total
14
52
-
-
Income
850
850
850
850
Total tax
273
213
309
216
After tax
577
637
541
634
Living cost
402
402
402
402
Free-cash
175
235
139
232

Estimated living cost  is $402 per week

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

Additional information

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

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

Rome , Italy
-$32
$9
$10
-$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
-
-
-
850
municipal
-
-
-
6
regional
-
-
-
15
national
-
-
-
163
social contributions
-
-
-
219
total
-
-
-
403
Employee
927
-
850
-
regional
14
-
12
-
social contributions
313
-
287
-
national
157
-
140
-
municipal
6
-
5
-
total
490
-
444
-
Employer
927
-
850
-
total
-
-
-
-
Corporate
-
850
-
-
nationa
-
204
-
-
municipal
-
41
-
-
total
-
245
-
-
Dividends
-
605
-
-
withholding
-
157
-
-
total
-
157
-
-
Income
850
850
850
850
Total tax
490
402
444
403
After tax
360
448
406
447
Living cost
438
438
438
438
Free-cash
-78
10
-32
9

Estimated living cost  is $438 per week

$308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$30
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$94
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
$197
$353
-$161
$33
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
-
-
-
193
health
-
-
-
23
accident
-
-
-
3
pensions
-
-
-
44
other
-
-
-
4
total
-
-
-
267
Employee
362
-
706
-
income
50
-
118
-
health
41
-
81
-
pensions
41
-
80
-
total
132
-
279
-
Employer
362
-
706
-
unemployment
9
-
17
-
pensions
59
-
115
-
accident
6
-
12
-
total
74
-
144
-
Corporate
414
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.

373
765
-
-
total
373
765
-
-
Dividends
41
85
-
-
withholding
8
16
-
-
total
8
16
-
-
Income
850
850
850
850
Total tax
587
781
423
267
After tax
263
69
427
583
Living cost
230
230
230
230
Free-cash
33
-161
197
353

Estimated living cost  is $230 per week

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

Additional information

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

Berlin , Germany
$204
$155
$15
$160
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
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.

-
-
-
138
health

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

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

-
-
-
75
trade
-
-
-
49
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.

-
-
-
8
total
-
-
-
270
Employee

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

548
-
850
-
income

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

45
-
138
-
health

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

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

75
-
75
-
surtax

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

2
-
8
-
total
122
-
221
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
302
850
-
-
chamber of commerce
2
3
-
-
income
45
127
-
-
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
-
-
trade
43
122
-
-
total
92
259
-
-
Dividends
209
591
-
-
withholding
48
143
-
-
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
8
-
-
total
51
151
-
-
Income
850
850
850
850
Total tax
265
410
221
270
After tax
585
440
629
580
Living cost
425
425
425
425
Free-cash
160
15
204
155

Estimated living cost  is $425 per week

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

Additional information

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

Riga , Latvia
$253
$228
$451
$362
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
microenterprise
-
-
-
-
income
-
-
-
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.

-
-
-
273
surtax
-
-
-
-
total
-
-
-
393
Employee
322
-
685
-
income
57
-
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.

35
-
75
-
surtax
-
-
-
-
total
92
-
203
-
Employer
322
-
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.

77
-
165
-
surtax
-
-
-
-
total
77
-
165
-
Corporate
451
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%.

90
170
-
-
total
90
170
-
-
Dividends

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

361
680
-
-
total
-
-
-
-
Income
850
850
850
850
Total tax
259
170
368
393
After tax
591
680
482
457
Living cost
229
229
229
229
Free-cash
362
451
253
228

Estimated living cost  is $229 per week

$146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$22
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$56
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
$317
$327
$388
$365
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
-
-
-
202
health
-
-
-
75
pensions
-
-
-
104
total
-
-
-
381
Employee
217
-
733
-
income
42
-
197
-
health
11
-
26
-
unemployment
2
-
5
-
pensions
19
-
47
-
total
74
-
275
-
Employer
217
-
733
-
unemployment
4
-
10
-
pensions
24
-
57
-
health
21
-
49
-
total
49
-
116
-
Corporate
585
850
-
-
income
129
187
-
-
total
129
187
-
-
Dividends
456
663
-
-
withholding
91
133
-
-
total
91
133
-
-
Income
850
850
850
850
Total tax
343
320
391
381
After tax
507
530
459
469
Living cost
142
142
142
142
Free-cash
365
388
317
327

Estimated living cost  is $142 per week

$84
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
$196
$215
$288
$253
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
-
-
-
141
health
-
-
-
60
unemployment
-
-
-
3
surtax
-
-
-
14
pensions
-
-
-
170
other
-
-
-
-
total
-
-
-
388
Employee
371
-
702
-
other
-
-
-
-
income
62
-
133
-
health
9
-
18
-
unemployment
26
-
49
-
surtax
1
-
12
-
pensions
25
-
47
-
total
123
-
259
-
Employer
371
-
702
-
unemployment
12
-
22
-
pensions
49
-
94
-
other
-
-
-
-
health
17
-
32
-
total
78
-
148
-
Corporate
401
850
-
-
income
104
221
-
-
total
104
221
-
-
Dividends
297
629
-
-
withholding
45
94
-
-
total
45
94
-
-
Income
850
850
850
850
Total tax
350
315
407
388
After tax
500
535
443
462
Living cost
247
247
247
247
Free-cash
253
288
196
215

Estimated living cost  is $247 per week

$149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$21
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$71
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
-$62
$105
$131
$126
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
-
-
-
101
chamber of commerce
-
-
-
3
health
-
-
-
65
unemployment
-
-
-
68
surtax
-
-
-
-
pensions
-
-
-
157
total
-
-
-
394
Employee
481
439
660
-
other
5
4
7
-
income
43
32
94
-
health
19
17
26
-
unemployment
14
13
20
-
pensions
49
45
68
-
total
130
111
215
-
Employer
481
439
660
-
unemployment
14
13
20
-
chamber of commerce
2
2
3
-
pensions
60
55
83
-
payroll
14
13
20
-
other
23
21
31
-
surtax
-
-
-
-
accident
6
6