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
$ 950
per

Your estimated
City
free-cash

Valencia , Spain
$266
$196
$189
$326
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
-
-
-
950
unemployment
-
-
-
7
income
-
-
-
160
other
-
-
-
1
accident
-
-
-
9
pensions
-
-
-
269
total
-
-
-
446
Employee
423
-
720
-
unemployment
7
-
11
-
pensions
20
-
34
-
income
82
-
163
-
other
-
-
1
-
total
109
-
209
-
Employer
423
-
720
-
pensions
100
-
170
-
accident
8
-
14
-
unemployment
23
-
40
-
other
3
-
6
-
total
134
-
230
-
Corporate
392
950
-
-
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.

59
142
-
-
total
59
142
-
-
Dividends
333
808
-
-
withholding
67
167
-
-
total
67
167
-
-
Income
950
950
950
950
Total tax
369
309
439
446
After tax
581
641
511
504
Living cost
315
315
315
315
Free-cash
266
326
196
189

Estimated living cost  is $315 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.
$67
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
$315
$250
$209
$393
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
-
-
-
950
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.

-
-
-
228
income
-
-
-
121
other
-
-
-
45
health
-
-
-
42
total
-
-
-
436
Employee
415
-
759
-
health
6
-
11
-
unemployment
4
-
8
-
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
-
53
-
income
72
-
131
-
total
111
-
203
-
Employer
415
-
759
-
health
6
-
11
-
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
-
129
-
accident
3
-
6
-
unemployment
4
-
8
-
other
21
-
38
-
total
105
-
192
-
Corporate
430
950
-
-
income
90
199
-
-
total
90
199
-
-
Dividends
340
751
-
-
withholding
24
53
-
-
total
24
53
-
-
Income
950
950
950
950
Total tax
330
252
395
436
After tax
620
698
555
514
Living cost
305
305
305
305
Free-cash
315
393
250
209

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
$610
$578
$550
$662
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
-
-
-
950
pensions

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

-
-
-
59
unemployment
-
-
-
2
income
-
-
-
143
health
-
-
-
46
total
-
-
-
250
Employee
199
-
872
-
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
-
87
-
total
48
-
144
-
Employer
199
-
872
-
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
712
950
-
-
income
71
95
-
-
total
71
95
-
-
Dividends
641
855
-
-
withholding
32
43
-
-
total
32
43
-
-
Income
950
950
950
950
Total tax
190
138
222
250
After tax
760
812
728
700
Living cost
150
150
150
150
Free-cash
610
662
578
550

Estimated living cost  is $150 per week

$88
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
$157
$166
$161
$87
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
-
-
-
950
income
-
-
-
63
other
-
-
-
29
health
-
-
-
8
social contributions
-
-
-
27
pensions
-
-
-
271
surtax
-
-
-
-
total
-
-
-
398
Employee
490
-
724
-
pensions
55
-
82
-
income
29
-
64
-
social contributions
14
-
21
-
surtax
-
-
-
-
total
98
-
167
-
Employer
490
-
724
-
health
34
-
51
-
social contributions
1
-
2
-
pensions
80
-
119
-
unemployment
20
-
29
-
other
17
-
25
-
total
152
-
226
-
Corporate
307
950
-
-
income
86
266
-
-
surtax
-
-
-
-
total
86
266
-
-
Dividends
221
684
-
-
social contributions
38
118
-
-
surtax
-
-
-
-
withholding
28
88
-
-
total
66
206
-
-
Income
950
950
950
950
Total tax
402
472
393
398
After tax
548
478
557
552
Living cost
391
391
391
391
Free-cash
157
87
166
161

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
-$186
-$186
$61
-$122
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
-
-
-
950
pensions
-
-
-
134
income
-
-
-
150
health
-
-
-
126
total
-
-
-
410
Employee
977
977
977
-
health
150
128
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
422
486
-
Employer
977
977
977
-
health
68
68
68
-
pensions
68
68
68
-
unemployment
35
35
35
-
total
171
171
171
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
950
950
950
950
Total tax
657
593
657
410
After tax
293
357
293
540
Living cost
479
479
479
479
Free-cash
-186
-122
-186
61

Estimated living cost  is $479 per week

$340
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
$260
$350
$284
$134
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.

-
-
-
950
trade
-
-
-
66
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.

-
-
-
166
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.

-
-
-
9
total
-
-
-
319
Employee

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

438
-
950
-
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
-
166
-
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
91
-
253
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
512
950
-
-
income
77
142
-
-
trade
81
150
-
-
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
-
-
chamber of commerce
2
3
-
-
total
164
303
-
-
Dividends
348
647
-
-
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.

5
9
-
-
withholding
83
157
-
-
total
88
166
-
-
Income
950
950
950
950
Total tax
343
469
253
319
After tax
607
481
697
631
Living cost
347
347
347
347
Free-cash
260
134
350
284

Estimated living cost  is $347 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
$369
$428
$434
$427
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
-
-
-
950
income
-
-
-
79
health
-
-
-
24
social contributions
-
-
-
148
total
-
-
-
251
Employee
880
880
880
-
health
7
15
15
-
income
96
81
82
-
social contributions
33
73
72
-
total
136
169
169
-
Employer
880
880
880
-
health
7
16
16
-
social contributions
33
73
72
-
total
40
89
88
-
Corporate
509
-
-
-
income
64
-
-
-
total
64
-
-
-
Dividends
445
-
-
-
withholding
76
-
-
-
total
76
-
-
-
Income
950
950
950
950
Total tax
316
258
257
251
After tax
634
692
693
699
Living cost
265
265
265
265
Free-cash
369
427
428
434

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
$170
$138
$178
$182
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.

-
-
-
950
income
-
-
-
83
social contributions

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

-
-
-
330
surtax
-
-
-
-
total
-
-
-
413
Employee
526
-
768
-
income
109
-
187
-
social contributions
58
-
84
-
surtax
-
-
-
-
total
167
-
271
-
Employer
526
-
768
-
social contributions
125
-
182
-
total
125
-
182
-
Corporate
299
950
-
-
income
63
199
-
-
surtax
-
-
-
-
total
63
199
-
-
Dividends
236
751
-
-
withholding
66
210
-
-
total
66
210
-
-
Income
950
950
950
950
Total tax
421
409
453
413
After tax
529
541
497
537
Living cost
359
359
359
359
Free-cash
170
182
138
178

Estimated living cost  is $359 per week

$269
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
$797
$671
$852
$814
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%.

-
-
-
950
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
111
-
950
-
income
22
-
190
-
total
22
-
190
-
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%.

839
950
-
-
total
-
-
-
-
Dividends
839
950
-
-
withholding
42
47
-
-
total
42
47
-
-
Income
950
950
950
950
Total tax
64
47
190
9
After tax
886
903
760
941
Living cost
89
89
89
89
Free-cash
797
814
671
852

Estimated living cost  is $89 per week

$55
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.
$24
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
$252
$166
$194
$348
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.

-
-
-
950
pensions
-
-
-
173
unemployment
-
-
-
1
income
-
-
-
182
health
-
-
-
93
total
-
-
-
449
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.

506
-
822
-
health
33
-
53
-
unemployment
1
-
1
-
pensions
78
-
127
-
income
87
-
168
-
total
199
-
349
-
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.

506
-
822
-
health
34
-
55
-
pensions
45
-
73
-
unemployment
-
-
-
-
total
79
-
128
-
Corporate
365
950
-
-
income
69
180
-
-
total
69
180
-
-
Dividends
296
770
-
-
withholding
44
115
-
-
total
44
115
-
-
Income
950
950
950
950
Total tax
391
295
477
449
After tax
559
655
473
501
Living cost
307
307
307
307
Free-cash
252
348
166
194

Estimated living cost  is $307 per week

$211
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
$206
$279
$137
$143
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.

-
-
-
950
income
-
-
-
326
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
-
-
-
398
Employee
525
-
897
-
social contributions
53
-
53
-
income
57
-
150
-
total
110
-
203
-
Employer
525
-
897
-
social contributions
53
-
53
-
total
53
-
53
-
Corporate
372
950
-
-
income
130
332
-
-
total
130
332
-
-
Dividends
242
618
-
-
social contributions
36
60
-
-
total
36
60
-
-
Income
950
950
950
950
Total tax
329
392
256
398
After tax
621
558
694
552
Living cost
415
415
415
415
Free-cash
206
143
279
137

Estimated living cost  is $415 per week

$274
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
$342
$379
$368
$337
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
-
-
-
950
income
-
-
-
142
health
-
-
-
66
social contributions
-
-
-
131
total
-
-
-
339
Employee
388
-
950
-
health
27
-
66
-
income
65
-
131
-
social contributions
54
-
131
-
total
146
-
328
-
Employer
388
-
950
-
total
-
-
-
-
Corporate
562
950
-
-
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%.

28
47
-
-
total
28
47
-
-
Dividends
534
903
-
-
social contributions
74
125
-
-
withholding
80
135
-
-
health
37
63
-
-
total
191
323
-
-
Income
950
950
950
950
Total tax
365
370
328
339
After tax
585
580
622
611
Living cost
243
243
243
243
Free-cash
342
337
379
368

Estimated living cost  is $243 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
$218
$162
$143
$335
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
-
-
-
950
income
-
-
-
82
health
-
-
-
128
social contributions
-
-
-
277
solidarity contribution
-
-
-
-
total
-
-
-
487
Employee
471
-
709
-
health
64
-
96
-
solidarity contribution
-
-
-
-
income
57
-
85
-
social contributions
31
-
46
-
total
152
-
227
-
Employer
471
-
709
-
health
42
-
64
-
social contributions
118
-
177
-
total
160
-
241
-
Corporate
319
950
-
-
income
61
180
-
-
total
61
180
-
-
Dividends
258
770
-
-
withholding
39
115
-
-
total
39
115
-
-
Income
950
950
950
950
Total tax
412
295
468
487
After tax
538
655
482
463
Living cost
320
320
320
320
Free-cash
218
335
162
143

Estimated living cost  is $320 per week

$238
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.
$59
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
$0
I'm drinking at home rarely or never.
$0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
$738
$622
$803
$765
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%.

-
-
-
950
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
173
-
950
-
income
35
-
190
-
total
35
-
190
-
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%.

777
950
-
-
total
-
-
-
-
Dividends
777
950
-
-
withholding
39
47
-
-
total
39
47
-
-
Income
950
950
950
950
Total tax
74
47
190
9
After tax
876
903
760
941
Living cost
138
138
138
138
Free-cash
738
765
622
803

Estimated living cost  is $138 per week

$94
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.
$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.
$34
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
$4
-$1
-$75
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
-
-
-
950
income
-
-
-
63
other
-
-
-
29
health
-
-
-
8
social contributions
-
-
-
27
pensions
-
-
-
271
surtax
-
-
-
-
total
-
-
-
398
Employee
717
-
724
-
pensions
81
-
82
-
income
63
-
64
-
social contributions
20
-
21
-
surtax
-
-
-
-
total
164
-
167
-
Employer
717
-
724
-
health
50
-
51
-
social contributions
2
-
2
-
pensions
118
-
119
-
unemployment
29
-
29
-
other
25
-
25
-
total
224
-
226
-
Corporate
10
950
-
-
income
3
266
-
-
surtax
-
-
-
-
total
3
266
-
-
Dividends
7
684
-
-
social contributions
1
118
-
-
surtax
-
-
-
-
withholding
1
88
-
-
total
2
206
-
-
Income
950
950
950
950
Total tax
393
472
393
398
After tax
557
478
557
552
Living cost
553
553
553
553
Free-cash
4
-75
4
-1

Estimated living cost  is $553 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
$434
$292
$282
$489
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.

-
-
-
950
pensions
-
-
-
219
unemployment
-
-
-
13
income
-
-
-
152
health
-
-
-
87
total
-
-
-
471
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
-
806
-
health
15
-
41
-
unemployment
2
-
6
-
pensions
42
-
113
-
income
41
-
157
-
total
100
-
317
-
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
-
806
-
health
15
-
41
-
pensions
36
-
97
-
unemployment
2
-
6
-
total
53
-
144
-
Corporate
599
950
-
-
income
90
143
-
-
total
90
143
-
-
Dividends
509
807
-
-
withholding
76
121
-
-
total
76
121
-
-
Income
950
950
950
950
Total tax
319
264
461
471
After tax
631
686
489
479
Living cost
197
197
197
197
Free-cash
434
489
292
282

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
-$46
-$31
$17
-$344
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
-
-
-
950
pensions
-
-
-
87
city
-
-
-
10
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.

-
-
-
19
health
-
-
-
3
regional
-
-
-
31
national
-
-
-
5
total
-
-
-
155
Employee
911
-
850
-
health
2
-
2
-
unemployment
-
-
-
-
city
10
-
9
-
pensions
76
-
71
-
regional
30
-
27
-
national
4
-
4
-
total
122
-
113
-
Employer
911
-
850
-
health
2
-
2
-
pensions
76
-
71
-
unemployment
-
-
-
-
other

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

18
-
17
-
total
96
-
90
-
Corporate
-
950
-
-
regional
-
201
-
-
national
-
81
-
-
total
-
282
-
-
Dividends
-
668
-
-
withholding
-
234
-
-
total
-
234
-
-
Income
950
950
950
950
Total tax
218
516
203
155
After tax
732
434
747
795
Living cost
778
778
778
778
Free-cash
-46
-344
-31
17

Estimated living cost  is $778 per week

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

Additional information

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

Helsinki , Finland
$162
$117
$257
$207
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

-
-
-
950
municipal
-
-
-
169
health
-
-
-
10
national
-
-
-
75
total
-
-
-
254
Employee
602
-
799
-
health
4
-
8
-
unemployment
9
-
12
-
pensions
41
-
54
-
national
10
-
38
-
municipal
99
-
131
-
total
163
-
243
-
Employer
602
-
799
-
health
5
-
6
-
pensions
104
-
139
-
accident
1
-
1
-
unemployment
4
-
5
-
total
114
-
151
-
Corporate
234
950
-
-
income
47
190
-
-
total
47
190
-
-
Dividends

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

141
570
-
-
municipal
25
103
-
-
national
-
11
-
-
total
25
114
-
-
Income
950
950
950
950
Total tax
349
304
394
254
After tax
601
646
556
696
Living cost
439
439
439
439
Free-cash
162
207
117
257

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
-$107
-$34
$49
$116
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
950
communal

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

-
-
-
49
social contributions
-
-
-
138
national
-
-
-
297
total
-
-
-
484
Employee

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

818
-
736
-
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
-
35
-
communal

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

43
-
38
-
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
-
55
-
national
252
-
219
-
total
401
-
353
-
Employer

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

818
-
736
-
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
-
45
-
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.

73
-
65
-
surtax
93
-
83
-
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
-
10
-
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
-
11
-
total
239
-
214
-
Corporate
-
950
-
-
income
-
190
-
-
surtax
-
4
-
-
total
-
194
-
-
Dividends
-
756
-
-
withholding

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

-
223
-
-
total
-
223
-
-
Income
950
950
950
950
Total tax
640
417
567
484
After tax
310
533
383
466
Living cost
417
417
417
417
Free-cash
-107
116
-34
49

Estimated living cost  is $417 per week

$269
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
$11
$11
-$23
$22
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
-
-
-
950
unemployment
-
-
-
1
municipal
-
-
-
201
other
-
-
-
110
health
-
-
-
59
national
-
-
-
-
accident
-
-
-
2
pensions
-
-
-
103
total
-
-
-
476
Employee
708
-
723
-
national
-
-
-
-
municipal
211
-
216
-
total
211
-
216
-
Employer
708
-
723
-
health
44
-
44
-
pensions
76
-
78
-
accident
1
-
1
-
unemployment
19
-
19
-
other
82
-
84
-
total
222
-
226
-
Corporate
20
950
-
-
income
4
209
-
-
total
4
209
-
-
Dividends
16
741
-
-
withholding
5
222
-
-
total
5
222
-
-
Income
950
950
950
950
Total tax
442
431
442
476
After tax
508
519
508
474
Living cost
497
497
497
497
Free-cash
11
22
11
-23

Estimated living cost  is $497 per week

$329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$49
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.
$111
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
-$961
$229
$104
$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
-
-
-
950
income
-
-
-
185
social contributions
-
-
-
108
total
-
-
-
293
Employee
793
-
-
-
income
175
-
-
-
social contributions
65
-
9
-
total
240
-
9
-
Employer
793
-
-
-
social contributions
1 118
-
159
-
total
1 118
-
159
-
Corporate
-
950
-
-
income
-
209
-
-
total
-
209
-
-
Dividends
-
741
-
-
income
-
163
-
-
total
-
163
-
-
Income
950
950
950
950
Total tax
1 358
372
168
293
After tax
-408
578
782
657
Living cost
553
553
553
553
Free-cash
-961
25
229
104

Estimated living cost  is $553 per week

$359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$52
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.
$135
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
$277
$322
$328
$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
-
-
-
950
income
-
-
-
79
health
-
-
-
24
social contributions
-
-
-
148
total
-
-
-
251
Employee
880
880
880
-
health
9
15
15
-
income
92
81
82
-
social contributions
43
73
72
-
total
144
169
169
-
Employer
880
880
880
-
health
10
16
16
-
social contributions
43
73
72
-
total
53
89
88
-
Corporate
383
-
-
-
income
48
-
-
-
total
48
-
-
-
Dividends
335
-
-
-
withholding
57
-
-
-
total
57
-
-
-
Income
950
950
950
950
Total tax
302
258
257
251
After tax
648
692
693
699
Living cost
371
371
371
371
Free-cash
277
321
322
328

Estimated living cost  is $371 per week

$254
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
$238
$189
$295
$300
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
-
-
-
950
income
-
-
-
177
pensions
-
-
-
67
total
-
-
-
244
Employee
564
-
839
-
health
7
-
13
-
pensions
43
-
76
-
income
103
-
150
-
total
153
-
239
-
Employer
564
-
839
-
health
11
-
16
-
pensions
57
-
95
-
total
68
-
111
-
Corporate
318
950
-
-
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.

61
181
-
-
total
61
181
-
-
Dividends
258
769
-
-
withholding
19
58
-
-
total
19
58
-
-
Income
950
950
950
950
Total tax
301
239
350
244
After tax
649
711
600
706
Living cost
411
411
411
411
Free-cash
238
300
189
295

Estimated living cost  is $411 per week

$282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$38
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.
$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

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
-$15
-$5
$39
$44
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
-
-
-
950
municipal
-
-
-
6
regional
-
-
-
17
social contributions
-
-
-
244
national
-
-
-
188
total
-
-
-
455
Employee
964
-
950
-
social contributions
325
-
320
-
regional
15
-
14
-
national
163
-
159
-
municipal
6
-
6
-
total
509
-
499
-
Employer
964
-
950
-
total
-
-
-
-
Corporate
-
950
-
-
nationa
-
228
-
-
municipal
-
46
-
-
total
-
274
-
-
Dividends
-
676
-
-
withholding
-
176
-
-
total
-
176
-
-
Income
950
950
950
950
Total tax
509
450
499
455
After tax
441
500
451
495
Living cost
456
456
456
456
Free-cash
-15
44
-5
39

Estimated living cost  is $456 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
$40
$238
$409
-$167
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
-
-
-
950
pensions
-
-
-
46
income
-
-
-
220
other
-
-
-
4
health
-
-
-
24
accident
-
-
-
3
total
-
-
-
297
Employee
384
-
795
-
health
44
-
91
-
pensions
43
-
85
-
income
53
-
138
-
total
140
-
314
-
Employer
384
-
795
-
pensions
63
-
122
-
accident
6
-
13
-
unemployment
9
-
19
-
total
78
-
154
-
Corporate
487
950
-
-
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.

439
855
-
-
total
439
855
-
-
Dividends
49
95
-
-
withholding
9
18
-
-
total
9
18
-
-
Income
950
950
950
950
Total tax
666
873
468
297
After tax
284
77
482
653
Living cost
244
244
244
244
Free-cash
40
-167
238
409

Estimated living cost  is $244 per week

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

Additional information

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

Berlin , Germany
$198
$255
$195
$49
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
950
trade
-
-
-
60
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.

-
-
-
166
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.

-
-
-
9
total
-
-
-
313
Employee

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

569
-
950
-
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
-
166
-
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
-
9
-
total
128
-
253
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
381
950
-
-
income
57
142
-
-
trade
55
136
-
-
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
-
-
chamber of commerce
2
3
-
-
total
117
289
-
-
Dividends
263
660
-
-
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
9
-
-
withholding
62
161
-
-
total
65
170
-
-
Income
950
950
950
950
Total tax
310
459
253
313
After tax
640
491
697
637
Living cost
442
442
442
442
Free-cash
198
49
255
195

Estimated living cost  is $442 per week

$305
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.
$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
$427
$300
$272
$522
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.

-
-
-
950
income
-
-
-
135
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.

-
-
-
305
surtax
-
-
-
-
total
-
-
-
440
Employee
334
-
766
-
income
60
-
144
-
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
-
84
-
surtax
-
-
-
-
total
97
-
228
-
Employer
334
-
766
-
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.

81
-
184
-
surtax
-
-
-
-
total
81
-
184
-
Corporate
535
950
-
-
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%.

107
190
-
-
total
107
190
-
-
Dividends

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

428
760
-
-
total
-
-
-
-
Income
950
950
950
950
Total tax
285
190
412
440
After tax
665
760
538
510
Living cost
238
238
238
238
Free-cash
427
522
300
272

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
$427
$382
$392
$451
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
-
-
-
950
income
-
-
-
237
health
-
-
-
75
pensions
-
-
-
104
total
-
-
-
416
Employee
217
-
833
-
health
11
-
26
-
unemployment
2
-
5
-
pensions
19
-
47
-
income
42
-
232
-
total
74
-
310
-
Employer
217
-
833
-
health
21
-
49
-
pensions
24
-
57
-
unemployment
4
-
10
-
total
49
-
116
-
Corporate
685
950
-
-
income
151
209
-
-
total
151
209
-
-
Dividends
534
741
-
-
withholding
107
148
-
-
total
107
148
-
-
Income
950
950
950
950
Total tax
381
357
426
416
After tax
569
593
524
534
Living cost
142
142
142
142
Free-cash
427
451
382
392

Estimated living cost  is $142 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
$303
$233
$252
$341
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
-
-
-
950
pensions
-
-
-
190
unemployment
-
-
-
3
income
-
-
-
164
other
-
-
-
-
health
-
-
-
67
surtax
-
-
-
17
total
-
-
-
441
Employee
385
-
785
-
health
10
-
20
-
unemployment
27
-
55
-
pensions
26
-
52
-
income
65
-
152
-
other
-
-
-
-
surtax
1
-
15
-
total
129
-
294
-
Employer
385
-
785
-
health
18
-
36
-
pensions
51
-
105
-
unemployment
12
-
25
-
other
-
-
-
-
total
81
-
166
-
Corporate
484
950
-
-
income
126
247
-
-
total
126
247
-
-
Dividends
358
703
-
-
withholding
54
105
-
-
total
54
105
-
-
Income
950
950
950
950
Total tax
390
352
460
441
After tax
560
598
490
509
Living cost
257
257
257
257
Free-cash
303
341
233
252

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.
$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
Graz , Austria
$167
-$49
$140
$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
-
-
-
950
pensions
-
-
-
176
chamber of commerce
-
-
-
4
unemployment
-
-
-
70
income
-
-
-
122
health
-
-
-
73
surtax
-
-
-
-
total
-
-
-
445
Employee
500
456
738
-
health
19
18
29
-
unemployment
15
14
22
-
pensions
51
47
76
-
income
45
34
113
-
other
5
5
7
-
total
135
118
247
-
Employer
500
456
738
-
health
19
17
28
-
pensions
63
57
93
-
surtax
-
-
-
-
accident
6
6
10
-
unemployment
15
14
22
-
chamber of commerce
2
2
3
-
payroll
15
14
22