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
$ 900
per

Your estimated
City
free-cash

Valencia , Spain
$182
$176
$304
$248
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
900
income
-
-
-
151
accident
-
-
-
8
unemployment
-
-
-
6
pensions
-
-
-
255
other
-
-
-
1
total
-
-
-
421
Employee
408
-
682
-
other
-
-
1
-
income
79
-
153
-
unemployment
6
-
11
-
pensions
19
-
32
-
total
104
-
197
-
Employer
408
-
682
-
unemployment
22
-
38
-
pensions
96
-
161
-
other
3
-
5
-
accident
8
-
14
-
total
129
-
218
-
Corporate
362
900
-
-
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.

54
135
-
-
total
54
135
-
-
Dividends
308
765
-
-
withholding
62
158
-
-
total
62
158
-
-
Income
900
900
900
900
Total tax
349
293
415
421
After tax
551
607
485
479
Living cost
303
303
303
303
Free-cash
248
304
182
176

Estimated living cost  is $303 per week

$205
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
$234
$193
$367
$292
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
-
-
-
900
income
-
-
-
114
health
-
-
-
40
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.

-
-
-
216
other
-
-
-
43
total
-
-
-
413
Employee
400
-
719
-
income
69
-
124
-
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
-
50
-
total
107
-
191
-
Employer
400
-
719
-
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
-
122
-
other
20
-
36
-
accident
3
-
6
-
health
6
-
10
-
total
101
-
181
-
Corporate
399
900
-
-
income
84
189
-
-
total
84
189
-
-
Dividends
315
711
-
-
withholding
22
50
-
-
total
22
50
-
-
Income
900
900
900
900
Total tax
314
239
372
413
After tax
586
661
528
487
Living cost
294
294
294
294
Free-cash
292
367
234
193

Estimated living cost  is $294 per week

$208
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$62
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
$542
$517
$625
$574
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
-
-
-
900
income
-
-
-
135
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
-
-
-
238
Employee
192
-
824
-
income
19
-
82
-
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
-
138
-
Employer
192
-
824
-
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
671
900
-
-
income
67
90
-
-
total
67
90
-
-
Dividends
604
810
-
-
withholding
30
40
-
-
total
30
40
-
-
Income
900
900
900
900
Total tax
181
130
213
238
After tax
719
770
687
662
Living cost
145
145
145
145
Free-cash
574
625
542
517

Estimated living cost  is $145 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
$151
$145
$77
$142
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
-
-
-
900
income
-
-
-
56
social contributions
-
-
-
26
health
-
-
-
8
surtax
-
-
-
-
pensions
-
-
-
260
other
-
-
-
28
total
-
-
-
378
Employee
472
-
686
-
income
28
-
59
-
social contributions
13
-
20
-
surtax
-
-
-
-
pensions
53
-
78
-
total
94
-
157
-
Employer
472
-
686
-
unemployment
19
-
28
-
social contributions
1
-
2
-
pensions
78
-
113
-
other
16
-
24
-
health
33
-
48
-
total
147
-
215
-
Corporate
281
900
-
-
income
79
252
-
-
surtax
-
-
-
-
total
79
252
-
-
Dividends
202
648
-
-
withholding
26
83
-
-
surtax
-
-
-
-
social contributions
35
111
-
-
total
61
194
-
-
Income
900
900
900
900
Total tax
381
446
372
378
After tax
519
454
528
522
Living cost
377
377
377
377
Free-cash
142
77
151
145

Estimated living cost  is $377 per week

$238
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
-$194
$50
-$133
-$194
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
-
-
-
900
income
-
-
-
138
health
-
-
-
121
pensions
-
-
-
129
total
-
-
-
388
Employee
941
941
941
-
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
941
941
941
-
unemployment
34
34
34
-
pensions
66
66
66
-
health
65
65
65
-
total
165
165
165
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
900
900
900
900
Total tax
632
571
632
388
After tax
268
329
268
512
Living cost
462
462
462
462
Free-cash
-194
-133
-194
50

Estimated living cost  is $462 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.
$86
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
$327
$266
$122
$244
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.

-
-
-
900
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.

-
-
-
155
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
-
-
-
61
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.

-
-
-
9
total
-
-
-
300
Employee

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

422
-
900
-
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
-
155
-
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
-
9
-
total
88
-
239
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
478
900
-
-
chamber of commerce
2
3
-
-
income
72
135
-
-
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
75
142
-
-
total
153
287
-
-
Dividends
325
613
-
-
withholding
77
149
-
-
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
81
157
-
-
Income
900
900
900
900
Total tax
322
444
239
300
After tax
578
456
661
600
Living cost
334
334
334
334
Free-cash
244
122
327
266

Estimated living cost  is $334 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
$401
$409
$397
$345
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
-
-
-
900
income
-
-
-
73
social contributions
-
-
-
140
health
-
-
-
23
total
-
-
-
236
Employee
848
848
848
-
income
92
78
79
-
social contributions
32
70
68
-
health
7
14
14
-
total
131
162
161
-
Employer
848
848
848
-
social contributions
32
70
68
-
health
7
16
15
-
total
39
86
83
-
Corporate
475
-
-
-
income
59
-
-
-
total
59
-
-
-
Dividends
415
-
-
-
withholding
71
-
-
-
total
71
-
-
-
Income
900
900
900
900
Total tax
300
248
244
236
After tax
600
652
656
664
Living cost
255
255
255
255
Free-cash
345
397
401
409

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.
$72
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
$124
$163
$166
$156
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.

-
-
-
900
income
-
-
-
78
social contributions

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

-
-
-
313
surtax
-
-
-
-
total
-
-
-
391
Employee
507
-
727
-
income
105
-
177
-
social contributions
56
-
80
-
surtax
-
-
-
-
total
161
-
257
-
Employer
507
-
727
-
social contributions
120
-
173
-
total
120
-
173
-
Corporate
273
900
-
-
income
57
189
-
-
surtax
-
-
-
-
total
57
189
-
-
Dividends
215
711
-
-
withholding
60
199
-
-
total
60
199
-
-
Income
900
900
900
900
Total tax
398
388
430
391
After tax
502
512
470
509
Living cost
346
346
346
346
Free-cash
156
166
124
163

Estimated living cost  is $346 per week

$259
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
$638
$809
$773
$757
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%.

-
-
-
900
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
103
-
900
-
income
21
-
180
-
total
21
-
180
-
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%.

797
900
-
-
total
-
-
-
-
Dividends
797
900
-
-
withholding
40
45
-
-
total
40
45
-
-
Income
900
900
900
900
Total tax
61
45
180
9
After tax
839
855
720
891
Living cost
82
82
82
82
Free-cash
757
773
638
809

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
$153
$179
$324
$232
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.

-
-
-
900
income
-
-
-
171
health
-
-
-
89
unemployment
-
-
-
1
pensions
-
-
-
164
total
-
-
-
425
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
-
779
-
income
84
-
158
-
health
31
-
50
-
unemployment
1
-
1
-
pensions
76
-
121
-
total
192
-
330
-
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
-
779
-
unemployment
-
-
-
-
pensions
43
-
69
-
health
32
-
52
-
total
75
-
121
-
Corporate
337
900
-
-
income
64
171
-
-
total
64
171
-
-
Dividends
273
729
-
-
withholding
41
109
-
-
total
41
109
-
-
Income
900
900
900
900
Total tax
372
280
451
425
After tax
528
620
449
475
Living cost
296
296
296
296
Free-cash
232
324
153
179

Estimated living cost  is $296 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
$257
$114
$127
$189
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.

-
-
-
900
income
-
-
-
314
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
-
-
-
386
Employee
506
-
849
-
social contributions
51
-
51
-
income
55
-
141
-
total
106
-
192
-
Employer
506
-
849
-
social contributions
51
-
51
-
total
51
-
51
-
Corporate
344
900
-
-
income
120
315
-
-
total
120
315
-
-
Dividends
223
585
-
-
social contributions
34
58
-
-
total
34
58
-
-
Income
900
900
900
900
Total tax
311
373
243
386
After tax
589
527
657
514
Living cost
400
400
400
400
Free-cash
189
127
257
114

Estimated living cost  is $400 per week

$264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$32
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$99
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
$356
$344
$315
$321
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
-
-
-
900
income
-
-
-
135
social contributions
-
-
-
124
health
-
-
-
63
total
-
-
-
322
Employee
374
-
900
-
income
62
-
123
-
social contributions
52
-
124
-
health
26
-
63
-
total
140
-
310
-
Employer
374
-
900
-
total
-
-
-
-
Corporate
526
900
-
-
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%.

26
45
-
-
total
26
45
-
-
Dividends
500
855
-
-
withholding
75
128
-
-
health
35
60
-
-
social contributions
69
118
-
-
total
179
306
-
-
Income
900
900
900
900
Total tax
345
351
310
322
After tax
555
549
590
578
Living cost
234
234
234
234
Free-cash
321
315
356
344

Estimated living cost  is $234 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.
$58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
$154
$137
$318
$210
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
-
-
-
900
income
-
-
-
77
social contributions
-
-
-
263
solidarity contribution
-
-
-
-
health
-
-
-
121
total
-
-
-
461
Employee
444
-
672
-
solidarity contribution
-
-
-
-
income
53
-
81
-
social contributions
29
-
44
-
health
60
-
91
-
total
142
-
216
-
Employer
444
-
672
-
social contributions
111
-
168
-
health
40
-
60
-
total
151
-
228
-
Corporate
306
900
-
-
income
58
171
-
-
total
58
171
-
-
Dividends
248
729
-
-
withholding
37
109
-
-
total
37
109
-
-
Income
900
900
900
900
Total tax
388
280
444
461
After tax
512
620
456
439
Living cost
302
302
302
302
Free-cash
210
318
154
137

Estimated living cost  is $302 per week

$224
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
$592
$763
$727
$703
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%.

-
-
-
900
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
161
-
900
-
income
32
-
180
-
total
32
-
180
-
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%.

739
900
-
-
total
-
-
-
-
Dividends
739
900
-
-
withholding
37
45
-
-
total
37
45
-
-
Income
900
900
900
900
Total tax
69
45
180
9
After tax
831
855
720
891
Living cost
128
128
128
128
Free-cash
703
727
592
763

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
-$4
-$10
-$78
-$5
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
-
-
-
900
income
-
-
-
56
social contributions
-
-
-
26
health
-
-
-
8
surtax
-
-
-
-
pensions
-
-
-
260
other
-
-
-
28
total
-
-
-
378
Employee
690
-
686
-
income
60
-
59
-
social contributions
20
-
20
-
surtax
-
-
-
-
pensions
78
-
78
-
total
158
-
157
-
Employer
690
-
686
-
unemployment
28
-
28
-
social contributions
2
-
2
-
pensions
113
-
113
-
other
24
-
24
-
health
48
-
48
-
total
215
-
215
-
Corporate
-
900
-
-
income
-
252
-
-
surtax
-
-
-
-
total
-
252
-
-
Dividends
-
648
-
-
withholding
-
83
-
-
surtax
-
-
-
-
social contributions
-
111
-
-
total
-
194
-
-
Income
900
900
900
900
Total tax
373
446
372
378
After tax
527
454
528
522
Living cost
532
532
532
532
Free-cash
-5
-78
-4
-10

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.
$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.
$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
$274
$262
$460
$407
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.

-
-
-
900
income
-
-
-
141
health
-
-
-
84
unemployment
-
-
-
12
pensions
-
-
-
211
total
-
-
-
448
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.

287
-
763
-
income
39
-
147
-
health
15
-
39
-
unemployment
2
-
6
-
pensions
40
-
107
-
total
96
-
299
-
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.

287
-
763
-
unemployment
2
-
6
-
pensions
34
-
92
-
health
15
-
39
-
total
51
-
137
-
Corporate
562
900
-
-
income
84
135
-
-
total
84
135
-
-
Dividends
478
765
-
-
withholding
72
115
-
-
total
72
115
-
-
Income
900
900
900
900
Total tax
303
250
436
448
After tax
597
650
464
452
Living cost
190
190
190
190
Free-cash
407
460
274
262

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
-$63
-$16
-$358
-$88
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
-
-
-
900
regional
-
-
-
29
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.

-
-
-
18
pensions
-
-
-
83
total
-
-
-
146
Employee
901
-
806
-
regional
30
-
24
-
city
10
-
9
-
health
2
-
2
-
unemployment
-
-
-
-
national
4
-
4
-
pensions
76
-
68
-
total
122
-
107
-
Employer
901
-
806
-
unemployment
-
-
-
-
pensions
76
-
68
-
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
-
16
-
health
2
-
2
-
total
96
-
86
-
Corporate
-
900
-
-
regional
-
190
-
-
national
-
76
-
-
total
-
266
-
-
Dividends
-
633
-
-
withholding
-
222
-
-
total
-
222
-
-
Income
900
900
900
900
Total tax
218
488
193
146
After tax
682
412
707
754
Living cost
770
770
770
770
Free-cash
-88
-358
-63
-16

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
$107
$239
$190
$145
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

-
-
-
900
municipal
-
-
-
160
national
-
-
-
69
health
-
-
-
9
total
-
-
-
238
Employee
580
-
757
-
health
4
-
7
-
unemployment
9
-
11
-
national
10
-
34
-
municipal
95
-
124
-
pensions
39
-
51
-
total
157
-
227
-
Employer
580
-
757
-
unemployment
4
-
5
-
pensions
101
-
131
-
accident
1
-
1
-
health
4
-
6
-
total
110
-
143
-
Corporate
211
900
-
-
income
42
180
-
-
total
42
180
-
-
Dividends

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

126
540
-
-
national
-
10
-
-
municipal
23
97
-
-
total
23
107
-
-
Income
900
900
900
900
Total tax
332
287
370
238
After tax
568
613
530
662
Living cost
423
423
423
423
Free-cash
145
190
107
239

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
-$39
$42
$103
-$117
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
-
-
-
900
national
-
-
-
281
social contributions
-
-
-
129
communal

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

-
-
-
46
total
-
-
-
456
Employee

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

789
-
697
-
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
-
33
-
communal

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

41
-
36
-
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
-
207
-
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
-
52
-
total
386
-
334
-
Employer

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

789
-
697
-
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
-
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
-
62
-
surtax
89
-
79
-
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
-
43
-
total
229
-
203
-
Corporate
-
900
-
-
income
-
180
-
-
surtax
-
4
-
-
total
-
184
-
-
Dividends
-
716
-
-
withholding

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

-
211
-
-
total
-
211
-
-
Income
900
900
900
900
Total tax
615
395
537
456
After tax
285
505
363
444
Living cost
402
402
402
402
Free-cash
-117
103
-39
42

Estimated living cost  is $402 per week

$259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$35
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
$25
-$8
$35
$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
-
-
-
900
municipal
-
-
-
191
national
-
-
-
-
health
-
-
-
56
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
97
other
-
-
-
105
total
-
-
-
452
Employee
650
-
685
-
national
-
-
-
-
municipal
194
-
204
-
total
194
-
204
-
Employer
650
-
685
-
unemployment
17
-
18
-
pensions
70
-
74
-
other
76
-
80
-
accident
1
-
1
-
health
40
-
42
-
total
204
-
215
-
Corporate
46
900
-
-
income
10
198
-
-
total
10
198
-
-
Dividends
36
702
-
-
withholding
11
211
-
-
total
11
211
-
-
Income
900
900
900
900
Total tax
419
409
419
452
After tax
481
491
481
448
Living cost
456
456
456
456
Free-cash
25
35
25
-8

Estimated living cost  is $456 per week

$302
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.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
$243
$118
$44
-$843
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
-
-
-
900
income
-
-
-
175
social contributions
-
-
-
103
total
-
-
-
278
Employee
723
-
-
-
income
160
-
-
-
social contributions
59
-
8
-
total
219
-
8
-
Employer
723
-
-
-
social contributions
1 020
-
145
-
total
1 020
-
145
-
Corporate
-
900
-
-
income
-
198
-
-
total
-
198
-
-
Dividends
-
702
-
-
income
-
154
-
-
total
-
154
-
-
Income
900
900
900
900
Total tax
1 239
352
153
278
After tax
-339
548
747
622
Living cost
504
504
504
504
Free-cash
-843
44
243
118

Estimated living cost  is $504 per week

$327
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
$298
$306
$294
$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
-
-
-
900
income
-
-
-
73
social contributions
-
-
-
140
health
-
-
-
23
total
-
-
-
236
Employee
848
848
848
-
income
89
78
79
-
social contributions
41
70
68
-
health
8
14
14
-
total
138
162
161
-
Employer
848
848
848
-
social contributions
41
70
68
-
health
9
16
15
-
total
50
86
83
-
Corporate
353
-
-
-
income
44
-
-
-
total
44
-
-
-
Dividends
309
-
-
-
withholding
53
-
-
-
total
53
-
-
-
Income
900
900
900
900
Total tax
285
248
244
236
After tax
615
652
656
664
Living cost
358
358
358
358
Free-cash
257
294
298
306

Estimated living cost  is $358 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
$170
$269
$273
$213
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
-
-
-
900
income
-
-
-
167
pensions
-
-
-
63
total
-
-
-
230
Employee
550
-
795
-
income
100
-
142
-
health
7
-
12
-
pensions
42
-
71
-
total
149
-
225
-
Employer
550
-
795
-
pensions
56
-
89
-
health
10
-
15
-
total
66
-
104
-
Corporate
284
900
-
-
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.

54
171
-
-
total
54
171
-
-
Dividends
230
729
-
-
withholding
17
55
-
-
total
17
55
-
-
Income
900
900
900
900
Total tax
286
226
329
230
After tax
614
674
571
670
Living cost
401
401
401
401
Free-cash
213
273
170
269

Estimated living cost  is $401 per week

$275
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
-$10
$31
$35
-$29
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
-
-
-
900
municipal
-
-
-
6
regional
-
-
-
16
national
-
-
-
177
social contributions
-
-
-
231
total
-
-
-
430
Employee
929
-
900
-
regional
14
-
13
-
social contributions
313
-
303
-
national
157
-
150
-
municipal
6
-
5
-
total
490
-
471
-
Employer
929
-
900
-
total
-
-
-
-
Corporate
-
900
-
-
nationa
-
216
-
-
municipal
-
43
-
-
total
-
259
-
-
Dividends
-
641
-
-
withholding
-
167
-
-
total
-
167
-
-
Income
900
900
900
900
Total tax
490
426
471
430
After tax
410
474
429
470
Living cost
439
439
439
439
Free-cash
-29
35
-10
31

Estimated living cost  is $439 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
$226
$388
-$157
$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
-
-
-
900
income
-
-
-
208
health
-
-
-
23
accident
-
-
-
3
pensions
-
-
-
44
other
-
-
-
4
total
-
-
-
282
Employee
362
-
754
-
income
50
-
132
-
health
41
-
86
-
pensions
41
-
80
-
total
132
-
298
-
Employer
362
-
754
-
unemployment
9
-
18
-
pensions
59
-
115
-
accident
6
-
13
-
total
74
-
146
-
Corporate
464
900
-
-
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.

417
810
-
-
total
417
810
-
-
Dividends
46
90
-
-
withholding
9
17
-
-
total
9
17
-
-
Income
900
900
900
900
Total tax
632
827
444
282
After tax
268
73
456
618
Living cost
230
230
230
230
Free-cash
38
-157
226
388

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
$235
$179
$40
$184
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.

-
-
-
900
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.

-
-
-
155
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
-
-
-
56
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.

-
-
-
9
total
-
-
-
295
Employee

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

549
-
900
-
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
-
155
-
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
-
9
-
total
122
-
239
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
351
900
-
-
chamber of commerce
2
3
-
-
income
53
135
-
-
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
-
-
trade
50
129
-
-
total
108
274
-
-
Dividends
243
625
-
-
withholding
57
152
-
-
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
60
160
-
-
Income
900
900
900
900
Total tax
290
434
239
295
After tax
610
466
661
605
Living cost
426
426
426
426
Free-cash
184
40
235
179

Estimated living cost  is $426 per week

$294
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
$280
$254
$491
$401
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.

-
-
-
900
microenterprise
-
-
-
-
income
-
-
-
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.

-
-
-
289
surtax
-
-
-
-
total
-
-
-
417
Employee
322
-
725
-
income
57
-
136
-
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
-
80
-
surtax
-
-
-
-
total
92
-
216
-
Employer
322
-
725
-
social contributions

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

78
-
175
-
surtax
-
-
-
-
total
78
-
175
-
Corporate
500
900
-
-
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%.

100
180
-
-
total
100
180
-
-
Dividends

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

400
720
-
-
total
-
-
-
-
Income
900
900
900
900
Total tax
270
180
391
417
After tax
630
720
509
483
Living cost
229
229
229
229
Free-cash
401
491
280
254

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
$350
$359
$419
$394
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
-
-
-
900
income
-
-
-
219
health
-
-
-
75
pensions
-
-
-
104
total
-
-
-
398
Employee
217
-
783
-
income
42
-
214
-
health
11
-
26
-
unemployment
2
-
5
-
pensions
20
-
47
-
total
75
-
292
-
Employer
217
-
783
-
unemployment
4
-
10
-
pensions
24
-
57
-
health
21
-
49
-
total
49
-
116
-
Corporate
634
900
-
-
income
140
198
-
-
total
140
198
-
-
Dividends
495
702
-
-
withholding
99
140
-
-
total
99
140
-
-
Income
900
900
900
900
Total tax
363
338
408
398
After tax
537
562
492
502
Living cost
143
143
143
143
Free-cash
394
419
350
359

Estimated living cost  is $143 per week

$85
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$43
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
$217
$235
$318
$284
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
-
-
-
900
income
-
-
-
154
health
-
-
-
64
unemployment
-
-
-
3
surtax
-
-
-
16
pensions
-
-
-
180
other
-
-
-
-
total
-
-
-
417
Employee
371
-
743
-
other
-
-
-
-
income
62
-
143
-
health
9
-
19
-
unemployment
26
-
52
-
surtax
1
-
14
-
pensions
25
-
50
-
total
123
-
278
-
Employer
371
-
743
-
unemployment
12
-
24
-
pensions
49
-
99
-
other
-
-
-
-
health
17
-
34
-
total
78
-
157
-
Corporate
451
900
-
-
income
117
234
-
-
total
117
234
-
-
Dividends
333
666
-
-
withholding
50
100
-
-
total
50
100
-
-
Income
900
900
900
900
Total tax
368
334
435
417
After tax
532
566
465
483
Living cost
248
248
248
248
Free-cash
284
318
217
235

Estimated living cost  is $248 per week

$149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$22
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$71
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
-$49
$127
$157
$153
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
-
-
-
900
income
-
-
-
114
chamber of commerce
-
-
-
4
health
-
-
-
69
unemployment
-
-
-
68
surtax
-
-
-
-
pensions
-
-
-
166
total
-
-
-
421
Employee
482
439
699
-
other
5
4
7
-
income
43
32
105
-
health
19
17
27
-
unemployment
14
13
21
-
pensions
49
45
72
-
total
130
111
232
-
Employer
482
439
699
-
unemployment
14
13
21
-
chamber of commerce
2
2
3
-
pensions
60
55
88
-
payroll
14
13
21
-
other
23
21
33
-
surtax
-
-
-
-
accident
6
6