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
$234
$172
$167
$293
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
unemployment
-
-
-
6
income
-
-
-
149
other
-
-
-
1
accident
-
-
-
8
pensions
-
-
-
255
total
-
-
-
419
Employee
423
-
682
-
unemployment
7
-
11
-
pensions
20
-
32
-
income
81
-
152
-
other
-
-
1
-
total
108
-
196
-
Employer
423
-
682
-
pensions
100
-
161
-
accident
8
-
14
-
unemployment
23
-
38
-
other
3
-
5
-
total
134
-
218
-
Corporate
343
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.

51
135
-
-
total
51
135
-
-
Dividends
291
765
-
-
withholding
59
158
-
-
total
59
158
-
-
Income
900
900
900
900
Total tax
352
293
414
419
After tax
548
607
486
481
Living cost
314
314
314
314
Free-cash
234
293
172
167

Estimated living cost  is $314 per week

$212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$30
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$66
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
$279
$223
$182
$356
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
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
income
-
-
-
114
other
-
-
-
43
health
-
-
-
40
total
-
-
-
413
Employee
415
-
719
-
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.

29
-
50
-
income
71
-
124
-
total
110
-
191
-
Employer
415
-
719
-
health
6
-
10
-
pensions

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

71
-
122
-
accident
3
-
6
-
unemployment
4
-
7
-
other
21
-
36
-
total
105
-
181
-
Corporate
381
900
-
-
income
80
189
-
-
total
80
189
-
-
Dividends
301
711
-
-
withholding
21
50
-
-
total
21
50
-
-
Income
900
900
900
900
Total tax
316
239
372
413
After tax
584
661
528
487
Living cost
305
305
305
305
Free-cash
279
356
223
182

Estimated living cost  is $305 per week

$215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$21
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
$567
$533
$508
$619
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
pensions

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

-
-
-
59
unemployment
-
-
-
2
income
-
-
-
135
health
-
-
-
46
total
-
-
-
242
Employee
198
-
822
-
health
9
-
18
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
pensions

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

17
-
35
-
income
20
-
82
-
total
48
-
139
-
Employer
198
-
822
-
health
14
-
28
-
pensions

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

22
-
44
-
accident

We are using the highest rate at 1.1%.

2
-
4
-
unemployment
1
-
2
-
total
39
-
78
-
Corporate
663
900
-
-
income
66
90
-
-
total
66
90
-
-
Dividends
596
810
-
-
withholding
30
41
-
-
total
30
41
-
-
Income
900
900
900
900
Total tax
183
131
217
242
After tax
717
769
683
658
Living cost
150
150
150
150
Free-cash
567
619
533
508

Estimated living cost  is $150 per week

$87
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$11
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$48
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
$131
$142
$130
$63
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
-
-
-
50
other
-
-
-
28
health
-
-
-
8
social contributions
-
-
-
26
pensions
-
-
-
267
surtax
-
-
-
-
total
-
-
-
379
Employee
489
-
686
-
pensions
55
-
78
-
income
29
-
54
-
social contributions
14
-
20
-
surtax
-
-
-
-
total
98
-
152
-
Employer
489
-
686
-
health
34
-
48
-
social contributions
1
-
2
-
pensions
80
-
113
-
unemployment
20
-
28
-
other
17
-
24
-
total
152
-
215
-
Corporate
258
900
-
-
income
72
252
-
-
surtax
-
-
-
-
total
72
252
-
-
Dividends
186
648
-
-
social contributions
32
111
-
-
surtax
-
-
-
-
withholding
24
83
-
-
total
56
194
-
-
Income
900
900
900
900
Total tax
378
446
367
379
After tax
522
454
533
521
Living cost
391
391
391
391
Free-cash
131
63
142
130

Estimated living cost  is $391 per week

$247
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$32
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$106
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
-$236
-$236
$33
-$171
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
pensions
-
-
-
134
income
-
-
-
131
health
-
-
-
123
total
-
-
-
388
Employee
976
976
976
-
health
150
127
150
-
pensions
176
134
176
-
income

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

160
160
160
-
total
486
421
486
-
Employer
976
976
976
-
health
68
68
68
-
pensions
68
68
68
-
unemployment
35
35
35
-
total
171
171
171
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
900
900
900
900
Total tax
657
592
657
388
After tax
243
308
243
512
Living cost
479
479
479
479
Free-cash
-236
-171
-236
33

Estimated living cost  is $479 per week

$339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$43
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$89
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
$237
$319
$261
$110
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
trade
-
-
-
58
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.

-
-
-
149
health

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

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

-
-
-
78
surtax

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

-
-
-
8
total
-
-
-
293
Employee

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

437
-
900
-
health

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

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

78
-
78
-
income

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

12
-
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.

1
-
8
-
total
91
-
235
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
463
900
-
-
income
69
135
-
-
trade
73
142
-
-
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
-
-
chamber of commerce
2
3
-
-
total
148
287
-
-
Dividends
314
613
-
-
surtax

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

4
8
-
-
withholding
74
149
-
-
total
78
157
-
-
Income
900
900
900
900
Total tax
317
444
235
293
After tax
583
456
665
607
Living cost
346
346
346
346
Free-cash
237
110
319
261

Estimated living cost  is $346 per week

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

Additional information

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

Larnaca , Cyprus
$334
$387
$403
$377
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
-
-
-
69
health
-
-
-
23
social contributions
-
-
-
140
total
-
-
-
232
Employee
879
879
879
-
health
7
15
14
-
income
96
81
83
-
social contributions
33
73
68
-
total
136
169
165
-
Employer
879
879
879
-
health
7
16
15
-
social contributions
33
73
68
-
total
40
89
83
-
Corporate
459
-
-
-
income
57
-
-
-
total
57
-
-
-
Dividends
402
-
-
-
withholding
68
-
-
-
total
68
-
-
-
Income
900
900
900
900
Total tax
301
258
248
232
After tax
599
642
652
668
Living cost
265
265
265
265
Free-cash
334
377
387
403

Estimated living cost  is $265 per week

$159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$26
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$74
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
$143
$115
$152
$154
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
-
-
-
77
social contributions

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

-
-
-
313
surtax
-
-
-
-
total
-
-
-
390
Employee
526
-
727
-
income
109
-
174
-
social contributions
58
-
80
-
surtax
-
-
-
-
total
167
-
254
-
Employer
526
-
727
-
social contributions
125
-
173
-
total
125
-
173
-
Corporate
250
900
-
-
income
52
189
-
-
surtax
-
-
-
-
total
52
189
-
-
Dividends
197
711
-
-
withholding
55
199
-
-
total
55
199
-
-
Income
900
900
900
900
Total tax
399
388
427
390
After tax
501
512
473
510
Living cost
358
358
358
358
Free-cash
143
154
115
152

Estimated living cost  is $358 per week

$268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$21
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$63
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
$754
$635
$806
$770
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
107
-
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%.

793
900
-
-
total
-
-
-
-
Dividends
793
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
85
85
85
85
Free-cash
754
770
635
806

Estimated living cost  is $85 per week

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

Additional information

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

Ljubljana , Slovenia
$217
$144
$170
$313
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
pensions
-
-
-
164
unemployment
-
-
-
1
income
-
-
-
169
health
-
-
-
89
total
-
-
-
423
Employee

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

505
-
779
-
health
33
-
50
-
unemployment
1
-
1
-
pensions
78
-
121
-
income
87
-
156
-
total
199
-
328
-
Employer

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

505
-
779
-
health
34
-
52
-
pensions
45
-
69
-
unemployment
-
-
-
-
total
79
-
121
-
Corporate
316
900
-
-
income
60
171
-
-
total
60
171
-
-
Dividends
256
729
-
-
withholding
38
109
-
-
total
38
109
-
-
Income
900
900
900
900
Total tax
376
280
449
423
After tax
524
620
451
477
Living cost
307
307
307
307
Free-cash
217
313
144
170

Estimated living cost  is $307 per week

$210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$71
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
$175
$241
$88
$110
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
-
-
-
325
health

This is an average price for a private worldwide health insurance. The price will vary depending on your age and health condition.

-
-
-
72
total
-
-
-
397
Employee
524
-
847
-
social contributions
53
-
53
-
income
57
-
138
-
total
110
-
191
-
Employer
524
-
847
-
social contributions
53
-
53
-
total
53
-
53
-
Corporate
323
900
-
-
income
113
315
-
-
total
113
315
-
-
Dividends
210
585
-
-
social contributions
34
60
-
-
total
34
60
-
-
Income
900
900
900
900
Total tax
310
375
244
397
After tax
590
525
656
503
Living cost
415
415
415
415
Free-cash
175
110
241
88

Estimated living cost  is $415 per week

$273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$33
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
$313
$350
$336
$307
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
-
-
-
63
social contributions
-
-
-
124
total
-
-
-
322
Employee
388
-
900
-
health
27
-
63
-
income
65
-
121
-
social contributions
53
-
124
-
total
145
-
308
-
Employer
388
-
900
-
total
-
-
-
-
Corporate
512
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
487
855
-
-
social contributions
67
118
-
-
withholding
73
128
-
-
health
34
60
-
-
total
174
306
-
-
Income
900
900
900
900
Total tax
345
351
308
322
After tax
555
549
592
578
Living cost
242
242
242
242
Free-cash
313
307
350
336

Estimated living cost  is $242 per week

$162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$60
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
$188
$137
$119
$301
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
health
-
-
-
122
social contributions
-
-
-
263
solidarity contribution
-
-
-
-
total
-
-
-
462
Employee
468
-
672
-
health
63
-
91
-
solidarity contribution
-
-
-
-
income
56
-
81
-
social contributions
30
-
44
-
total
149
-
216
-
Employer
468
-
672
-
health
42
-
60
-
social contributions
117
-
168
-
total
159
-
228
-
Corporate
272
900
-
-
income
52
171
-
-
total
52
171
-
-
Dividends
221
729
-
-
withholding
33
109
-
-
total
33
109
-
-
Income
900
900
900
900
Total tax
393
280
444
462
After tax
507
620
456
438
Living cost
319
319
319
319
Free-cash
188
301
137
119

Estimated living cost  is $319 per week

$237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
$697
$587
$758
$722
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
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
166
-
900
-
income
33
-
180
-
total
33
-
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%.

734
900
-
-
total
-
-
-
-
Dividends
734
900
-
-
withholding
37
45
-
-
total
37
45
-
-
Income
900
900
900
900
Total tax
70
45
180
9
After tax
830
855
720
891
Living cost
133
133
133
133
Free-cash
697
722
587
758

Estimated living cost  is $133 per week

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

Additional information

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

Paris , France
-$39
-$19
-$31
-$98
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
-
-
-
50
other
-
-
-
28
health
-
-
-
8
social contributions
-
-
-
26
pensions
-
-
-
267
surtax
-
-
-
-
total
-
-
-
379
Employee
716
-
686
-
pensions
81
-
78
-
income
62
-
54
-
social contributions
20
-
20
-
surtax
-
-
-
-
total
163
-
152
-
Employer
716
-
686
-
health
50
-
48
-
social contributions
2
-
2
-
pensions
118
-
113
-
unemployment
29
-
28
-
other
25
-
24
-
total
224
-
215
-
Corporate
-
900
-
-
income
-
252
-
-
surtax
-
-
-
-
total
-
252
-
-
Dividends
-
648
-
-
social contributions
-
111
-
-
surtax
-
-
-
-
withholding
-
83
-
-
total
-
194
-
-
Income
900
900
900
900
Total tax
387
446
367
379
After tax
513
454
533
521
Living cost
552
552
552
552
Free-cash
-39
-98
-19
-31

Estimated living cost  is $552 per week

$374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$45
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
$398
$269
$249
$453
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
pensions
-
-
-
219
unemployment
-
-
-
13
income
-
-
-
135
health
-
-
-
87
total
-
-
-
454
Employee

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

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

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

297
-
763
-
health
15
-
39
-
unemployment
2
-
6
-
pensions
42
-
107
-
income
41
-
145
-
total
100
-
297
-
Employer

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

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

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

297
-
763
-
health
15
-
39
-
pensions
36
-
92
-
unemployment
2
-
6
-
total
53
-
137
-
Corporate
550
900
-
-
income
82
135
-
-
total
82
135
-
-
Dividends
467
765
-
-
withholding
70
115
-
-
total
70
115
-
-
Income
900
900
900
900
Total tax
305
250
434
454
After tax
595
650
466
446
Living cost
197
197
197
197
Free-cash
398
453
269
249

Estimated living cost  is $197 per week

$133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$43
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
-$117
-$86
-$39
-$383
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
900
pensions
-
-
-
83
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
health
-
-
-
3
regional
-
-
-
28
national
-
-
-
4
total
-
-
-
145
Employee
930
-
806
-
health
2
-
2
-
unemployment
-
-
-
-
city
10
-
9
-
pensions
78
-
68
-
regional
30
-
24
-
national
4
-
3
-
total
124
-
106
-
Employer
930
-
806
-
health
2
-
2
-
pensions
78
-
68
-
unemployment
-
-
-
-
other

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

19
-
16
-
total
99
-
86
-
Corporate
-
900
-
-
regional
-
190
-
-
national
-
77
-
-
total
-
267
-
-
Dividends
-
633
-
-
withholding
-
222
-
-
total
-
222
-
-
Income
900
900
900
900
Total tax
223
489
192
145
After tax
677
411
708
755
Living cost
794
794
794
794
Free-cash
-117
-383
-86
-39

Estimated living cost  is $794 per week

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

Additional information

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

Helsinki , Finland
$128
$94
$226
$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

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
health
-
-
-
9
national
-
-
-
66
total
-
-
-
235
Employee
601
-
757
-
health
4
-
7
-
unemployment
9
-
11
-
pensions
41
-
51
-
national
10
-
31
-
municipal
98
-
124
-
total
162
-
224
-
Employer
601
-
757
-
health
5
-
6
-
pensions
104
-
131
-
accident
1
-
1
-
unemployment
4
-
5
-
total
114
-
143
-
Corporate
185
900
-
-
income
37
180
-
-
total
37
180
-
-
Dividends

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

111
540
-
-
municipal
20
97
-
-
national
-
9
-
-
total
20
106
-
-
Income
900
900
900
900
Total tax
333
286
367
235
After tax
567
614
533
665
Living cost
439
439
439
439
Free-cash
128
175
94
226

Estimated living cost  is $439 per week

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

Additional information

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

Brussels , Belgium
-$155
-$51
$31
$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
communal

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

-
-
-
46
social contributions
-
-
-
127
national
-
-
-
279
total
-
-
-
452
Employee

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

817
-
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.

38
-
33
-
communal

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

43
-
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
-
pensions

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

61
-
52
-
national
251
-
204
-
total
400
-
331
-
Employer

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

817
-
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.

50
-
43
-
pensions

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

72
-
62
-
surtax
93
-
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.

11
-
9
-
unemployment

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

12
-
10
-
total
238
-
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
638
395
534
452
After tax
262
505
366
448
Living cost
417
417
417
417
Free-cash
-155
88
-51
31

Estimated living cost  is $417 per week

$268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$36
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
-$24
-$12
-$45
-$2
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
900
unemployment
-
-
-
1
municipal
-
-
-
191
other
-
-
-
105
health
-
-
-
56
national
-
-
-
-
accident
-
-
-
2
pensions
-
-
-
97
total
-
-
-
452
Employee
703
-
685
-
national
-
-
-
-
municipal
210
-
204
-
total
210
-
204
-
Employer
703
-
685
-
health
43
-
42
-
pensions
76
-
74
-
accident
1
-
1
-
unemployment
19
-
18
-
other
82
-
80
-
total
221
-
215
-
Corporate
-
900
-
-
income
-
198
-
-
total
-
198
-
-
Dividends
-
702
-
-
withholding
-
211
-
-
total
-
211
-
-
Income
900
900
900
900
Total tax
431
409
419
452
After tax
469
491
481
448
Living cost
493
493
493
493
Free-cash
-24
-2
-12
-45

Estimated living cost  is $493 per week

$327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$48
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
-$977
$192
$79
$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
-
-
-
175
social contributions
-
-
-
103
total
-
-
-
278
Employee
779
-
-
-
income
172
-
-
-
social contributions
64
-
9
-
total
236
-
9
-
Employer
779
-
-
-
social contributions
1 098
-
156
-
total
1 098
-
156
-
Corporate
-
900
-
-
income
-
198
-
-
total
-
198
-
-
Dividends
-
702
-
-
income
-
154
-
-
total
-
154
-
-
Income
900
900
900
900
Total tax
1 334
352
165
278
After tax
-434
548
735
622
Living cost
543
543
543
543
Free-cash
-977
5
192
79

Estimated living cost  is $543 per week

$352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$51
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$133
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
$240
$281
$297
$271
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
-
-
-
69
health
-
-
-
23
social contributions
-
-
-
140
total
-
-
-
232
Employee
879
879
879
-
health
9
15
14
-
income
92
81
83
-
social contributions
43
73
68
-
total
144
169
165
-
Employer
879
879
879
-
health
10
16
15
-
social contributions
43
73
68
-
total
53
89
83
-
Corporate
333
-
-
-
income
42
-
-
-
total
42
-
-
-
Dividends
292
-
-
-
withholding
50
-
-
-
total
50
-
-
-
Income
900
900
900
900
Total tax
289
258
248
232
After tax
611
642
652
668
Living cost
371
371
371
371
Free-cash
240
271
281
297

Estimated living cost  is $371 per week

$253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$29
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$82
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
$205
$163
$263
$267
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
559
-
796
-
health
7
-
12
-
pensions
43
-
71
-
income
102
-
143
-
total
152
-
226
-
Employer
559
-
796
-
health
11
-
15
-
pensions
56
-
89
-
total
67
-
104
-
Corporate
274
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.

52
171
-
-
total
52
171
-
-
Dividends
222
729
-
-
withholding
17
55
-
-
total
17
55
-
-
Income
900
900
900
900
Total tax
288
226
330
230
After tax
612
674
570
670
Living cost
407
407
407
407
Free-cash
205
267
163
263

Estimated living cost  is $407 per week

$279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$37
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$85
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

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

Rome , Italy
-$64
-$24
$18
$19
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
social contributions
-
-
-
231
national
-
-
-
174
total
-
-
-
427
Employee
963
-
900
-
social contributions
325
-
303
-
regional
15
-
13
-
national
163
-
148
-
municipal
6
-
5
-
total
509
-
469
-
Employer
963
-
900
-
total
-
-
-
-
Corporate
-
900
-
-
nationa
-
216
-
-
municipal
-
43
-
-
total
-
259
-
-
Dividends
-
641
-
-
withholding
-
167
-
-
total
-
167
-
-
Income
900
900
900
900
Total tax
509
426
469
427
After tax
391
474
431
473
Living cost
455
455
455
455
Free-cash
-64
19
-24
18

Estimated living cost  is $455 per week

$320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$31
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$97
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
$36
$211
$377
-$169
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
pensions
-
-
-
46
income
-
-
-
204
other
-
-
-
4
health
-
-
-
24
accident
-
-
-
3
total
-
-
-
281
Employee
381
-
748
-
health
44
-
86
-
pensions
43
-
84
-
income
52
-
126
-
total
139
-
296
-
Employer
381
-
748
-
pensions
62
-
121
-
accident
6
-
12
-
unemployment
9
-
18
-
total
77
-
151
-
Corporate
442
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.

398
810
-
-
total
398
810
-
-
Dividends
44
90
-
-
withholding
8
17
-
-
total
8
17
-
-
Income
900
900
900
900
Total tax
622
827
447
281
After tax
278
73
453
619
Living cost
242
242
242
242
Free-cash
36
-169
211
377

Estimated living cost  is $242 per week

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

Additional information

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

Berlin , Germany
$172
$224
$171
$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

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

-
-
-
900
trade
-
-
-
53
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.

-
-
-
149
health

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

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

-
-
-
78
surtax

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

-
-
-
8
total
-
-
-
288
Employee

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

569
-
900
-
health

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

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

78
-
78
-
income

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

47
-
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.

3
-
8
-
total
128
-
235
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
331
900
-
-
income
50
135
-
-
trade
48
129
-
-
surtax

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

3
7
-
-
chamber of commerce
2
3
-
-
total
103
274
-
-
Dividends
229
625
-
-
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
-
-
withholding
53
152
-
-
total
56
160
-
-
Income
900
900
900
900
Total tax
287
434
235
288
After tax
613
466
665
612
Living cost
441
441
441
441
Free-cash
172
25
224
171

Estimated living cost  is $441 per week

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

Additional information

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

Riga , Latvia
$389
$272
$246
$482
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
income
-
-
-
127
microenterprise
-
-
-
-
social contributions

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

-
-
-
289
surtax
-
-
-
-
total
-
-
-
416
Employee
334
-
725
-
income
59
-
135
-
social contributions

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

37
-
80
-
surtax
-
-
-
-
total
96
-
215
-
Employer
334
-
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.

80
-
175
-
surtax
-
-
-
-
total
80
-
175
-
Corporate
486
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%.

97
180
-
-
total
97
180
-
-
Dividends

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

388
720
-
-
total
-
-
-
-
Income
900
900
900
900
Total tax
273
180
390
416
After tax
627
720
510
484
Living cost
238
238
238
238
Free-cash
389
482
272
246

Estimated living cost  is $238 per week

$152
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$23
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
$399
$353
$363
$422
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
-
-
-
221
health
-
-
-
74
pensions
-
-
-
102
total
-
-
-
397
Employee
214
-
785
-
health
11
-
26
-
unemployment
2
-
5
-
pensions
19
-
46
-
income
41
-
215
-
total
73
-
292
-
Employer
214
-
785
-
health
20
-
49
-
pensions
24
-
56
-
unemployment
4
-
10
-
total
48
-
115
-
Corporate
638
900
-
-
income
140
198
-
-
total
140
198
-
-
Dividends
498
702
-
-
withholding
100
140
-
-
total
100
140
-
-
Income
900
900
900
900
Total tax
361
338
407
397
After tax
539
562
493
503
Living cost
140
140
140
140
Free-cash
399
422
353
363

Estimated living cost  is $140 per week

$83
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$11
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$42
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
$272
$210
$230
$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
-
-
-
900
pensions
-
-
-
180
unemployment
-
-
-
3
income
-
-
-
151
other
-
-
-
-
health
-
-
-
64
surtax
-
-
-
15
total
-
-
-
413
Employee
385
-
743
-
health
10
-
19
-
unemployment
27
-
52
-
pensions
26
-
50
-
income
65
-
142
-
other
-
-
-
-
surtax
1
-
13
-
total
129
-
276
-
Employer
385
-
743
-
health
18
-
34
-
pensions
51
-
99
-
unemployment
12
-
24
-
other
-
-
-
-
total
81
-
157
-
Corporate
434
900
-
-
income
113
234
-
-
total
113
234
-
-
Dividends
321
666
-
-
withholding
48
100
-
-
total
48
100
-
-
Income
900
900
900
900
Total tax
371
334
433
413
After tax
529
566
467
487
Living cost
257
257
257
257
Free-cash
272
309
210
230

Estimated living cost  is $257 per week

$155
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$22
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
$73
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
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Graz , Austria
$139
-$59
$117
$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
pensions
-
-
-
166
chamber of commerce
-
-
-
4
unemployment
-
-
-
70
income
-
-
-
109
health
-
-
-
69
surtax
-
-
-
-
total
-
-
-
418
Employee
500
455
699
-
health
19
18
27
-
unemployment
15
14
21
-
pensions
51
47
72
-
income
45
34
102
-
other
5
5
7
-
total
135
118
229
-
Employer
500
455
699
-
health
19
17
26
-
pensions
63
57
88
-
surtax
-
-
-
-
accident
6
6
9
-
unemployment
15
14
21
-
chamber of commerce
2
2
3
-
payroll
15