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
₽ 12500
per

Your estimated
City
free-cash

Valencia , Spain
-₽25992
-₽19745
-₽15706
-₽13133
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
-
-
-
12 500
unemployment
-
-
-
118
income
-
-
-
1 408
other
-
-
-
16
accident
-
-
-
153
pensions
-
-
-
4 804
total
-
-
-
6 499
Employee
29 188
-
4 096
-
unemployment
452
-
409
-
pensions
1 372
-
1 239
-
income
5 627
-
460
-
other
28
-
27
-
total
7 479
-
2 135
-
Employer
29 188
-
4 096
-
pensions
6 888
-
6 221
-
accident
578
-
521
-
unemployment
1 606
-
1 450
-
other
234
-
211
-
total
9 306
-
8 403
-
Corporate
-
12 500
-
-
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.

-
1 875
-
-
total
-
1 875
-
-
Dividends
-
10 625
-
-
withholding
-
2 051
-
-
total
-
2 051
-
-
Income
12 500
12 500
12 500
12 500
Total tax
16 785
3 926
10 538
6 499
After tax
-4 285
8 574
1 962
6 001
Living cost
21 707
21 707
21 707
21 707
Free-cash
-25 992
-13 133
-19 745
-15 706

Estimated living cost  is ₽21707 per week

₽14652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2087
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
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.
₽4588
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
-₽23384
-₽13706
-₽14265
-₽11849
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
-
-
-
12 500
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.

-
-
-
3 000
income
-
-
-
1 588
other
-
-
-
593
health
-
-
-
550
total
-
-
-
5 731
Employee
28 661
-
9 983
-
health
401
-
139
-
unemployment
286
-
100
-
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.

2 006
-
700
-
income
4 934
-
1 718
-
total
7 627
-
2 657
-
Employer
28 661
-
9 983
-
health
401
-
139
-
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.

4 873
-
1 697
-
accident
229
-
79
-
unemployment
286
-
100
-
other
1 434
-
500
-
total
7 223
-
2 515
-
Corporate
-
12 500
-
-
income
-
2 624
-
-
total
-
2 624
-
-
Dividends
-
9 876
-
-
withholding
-
691
-
-
total
-
691
-
-
Income
12 500
12 500
12 500
12 500
Total tax
14 850
3 315
5 172
5 731
After tax
-2 350
9 185
7 328
6 769
Living cost
21 034
21 034
21 034
21 034
Free-cash
-23 384
-11 849
-13 706
-14 265

Estimated living cost  is ₽21034 per week

₽14861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽339
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.
₽4413
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
-₽3921
-₽2477
-₽3079
₽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
-
-
-
12 500
pensions

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

-
-
-
1 850
unemployment
-
-
-
50
income
-
-
-
1 875
health
-
-
-
1 437
total
-
-
-
5 212
Employee
13 728
-
10 449
-
health
631
-
481
-
accident

We are using the highest rate at 1.1%.

151
-
115
-
pensions

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

1 205
-
918
-
income
1 373
-
1 045
-
total
3 360
-
2 559
-
Employer
13 728
-
10 449
-
health
948
-
721
-
pensions

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

1 513
-
1 152
-
accident

We are using the highest rate at 1.1%.

151
-
115
-
unemployment
82
-
63
-
total
2 694
-
2 051
-
Corporate
-
12 500
-
-
income
-
1 250
-
-
total
-
1 250
-
-
Dividends
-
11 250
-
-
withholding
-
562
-
-
total
-
562
-
-
Income
12 500
12 500
12 500
12 500
Total tax
6 054
1 812
4 610
5 212
After tax
6 446
10 688
7 890
7 288
Living cost
10 367
10 367
10 367
10 367
Free-cash
-3 921
321
-2 477
-3 079

Estimated living cost  is ₽10367 per week

₽6053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽275
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.
₽3300
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
-₽31834
-₽18829
-₽19956
-₽20707
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
-
-
-
12 500
income
-
-
-
-
other
-
-
-
388
health
-
-
-
210
social contributions
-
-
-
357
pensions
-
-
-
4 494
surtax
-
-
-
-
total
-
-
-
5 449
Employee
33 784
-
9 525
-
pensions
3 820
-
1 077
-
income
1 994
-
-
-
social contributions
963
-
271
-
surtax
-
-
-
-
total
6 777
-
1 348
-
Employer
33 784
-
9 525
-
health
2 365
-
667
-
social contributions
102
-
28
-
pensions
5 550
-
1 565
-
unemployment
1 368
-
386
-
other
1 165
-
328
-
total
10 550
-
2 974
-
Corporate
-
12 500
-
-
income
-
3 499
-
-
surtax
-
-
-
-
total
-
3 499
-
-
Dividends
-
9 001
-
-
social contributions
-
1 549
-
-
surtax
-
-
-
-
withholding
-
1 152
-
-
total
-
2 701
-
-
Income
12 500
12 500
12 500
12 500
Total tax
17 327
6 200
4 322
5 449
After tax
-4 827
6 300
8 178
7 051
Living cost
27 007
27 007
27 007
27 007
Free-cash
-31 834
-20 707
-18 829
-19 956

Estimated living cost  is ₽27007 per week

₽17029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2196
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
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.
₽7324
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
-₽65888
-₽65888
-₽25862
-₽61457
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
-
-
-
12 500
pensions
-
-
-
2 250
income
-
-
-
1 125
health
-
-
-
1 919
total
-
-
-
5 294
Employee
67 409
67 409
67 409
-
health
10 347
8 801
10 347
-
pensions
12 134
9 249
12 134
-
income

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

11 034
11 034
11 034
-
total
33 515
29 084
33 515
-
Employer
67 409
67 409
67 409
-
health
4 686
4 686
4 686
-
pensions
4 692
4 692
4 692
-
unemployment
2 427
2 427
2 427
-
total
11 805
11 805
11 805
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
12 500
12 500
12 500
12 500
Total tax
45 320
40 889
45 320
5 294
After tax
-32 820
-28 389
-32 820
7 206
Living cost
33 068
33 068
33 068
33 068
Free-cash
-65 888
-61 457
-65 888
-25 862

Estimated living cost  is ₽33068 per week

₽23434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
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.
₽6127
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
-₽17691
-₽16802
-₽16802
-₽17396
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.

-
-
-
12 500
trade
-
-
-
-
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.

-
-
-
-
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.

-
-
-
5 393
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.

-
-
-
-
total
-
-
-
5 393
Employee

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

30 192
-
12 500
-
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.

5 393
-
5 393
-
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.

843
-
-
-
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.

46
-
-
-
total
6 282
-
5 393
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
12 500
-
-
income
-
1 875
-
-
trade
-
1 968
-
-
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.

-
103
-
-
chamber of commerce
-
138
-
-
total
-
4 084
-
-
Dividends
-
8 415
-
-
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.

-
99
-
-
withholding
-
1 804
-
-
total
-
1 903
-
-
Income
12 500
12 500
12 500
12 500
Total tax
6 282
5 987
5 393
5 393
After tax
6 218
6 513
7 107
7 107
Living cost
23 909
23 909
23 909
23 909
Free-cash
-17 691
-17 396
-16 802
-16 802

Estimated living cost  is ₽23909 per week

₽15040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
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.
₽5635
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
-₽17956
-₽16726
-₽11222
-₽23626
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
-
-
-
30 008
income
-
-
-
-
health
-
-
-
765
social contributions
-
-
-
4 681
total
-
-
-
5 446
Employee
60 699
60 699
60 699
-
health
470
1 032
348
-
income
6 609
5 619
6 825
-
social contributions
2 295
5 038
1 699
-
total
9 374
11 689
8 872
-
Employer
60 699
60 699
60 699
-
health
511
1 123
379
-
social contributions
2 295
5 038
1 699
-
total
2 806
6 161
2 078
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
12 500
12 500
12 500
12 500
Total tax
12 180
17 850
10 950
5 446
After tax
320
-5 350
1 550
7 054
Living cost
18 276
18 276
18 276
18 276
Free-cash
-17 956
-23 626
-16 726
-11 222

Estimated living cost  is ₽18276 per week

₽10953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
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.
₽5126
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
-₽32428
-₽17073
-₽17334
-₽17649
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.

-
-
-
12 500
income
-
-
-
730
social contributions

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

-
-
-
4 344
surtax
-
-
-
-
total
-
-
-
5 074
Employee
36 305
-
10 100
-
income
7 552
-
1 303
-
social contributions
3 994
-
1 112
-
surtax
-
-
-
-
total
11 546
-
2 415
-
Employer
36 305
-
10 100
-
social contributions
8 622
-
2 398
-
total
8 622
-
2 398
-
Corporate
-
12 500
-
-
income
-
2 624
-
-
surtax
-
-
-
-
total
-
2 624
-
-
Dividends
-
9 876
-
-
withholding
-
2 765
-
-
total
-
2 765
-
-
Income
12 500
12 500
12 500
12 500
Total tax
20 168
5 389
4 813
5 074
After tax
-7 668
7 111
7 687
7 426
Living cost
24 760
24 760
24 760
24 760
Free-cash
-32 428
-17 649
-17 073
-17 334

Estimated living cost  is ₽24760 per week

₽18526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1461
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
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.
₽4361
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
₽4767
₽4014
₽6389
₽5889
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%.

-
-
-
12 500
microenterprise

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

-
-
-
125
total
-
-
-
125
Employee
7 482
-
12 500
-
income
1 496
-
2 500
-
total
1 496
-
2 500
-
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%.

5 018
12 500
-
-
total
-
-
-
-
Dividends
5 018
12 500
-
-
withholding
251
625
-
-
total
251
625
-
-
Income
12 500
12 500
12 500
12 500
Total tax
1 747
625
2 500
125
After tax
10 753
11 875
10 000
12 375
Living cost
5 986
5 986
5 986
5 986
Free-cash
4 767
5 889
4 014
6 389

Estimated living cost  is ₽5986 per week

₽3710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽165
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.
₽1614
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
-₽27842
-₽14094
-₽13641
-₽12566
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.

-
-
-
12 500
pensions
-
-
-
2 283
unemployment
-
-
-
19
income
-
-
-
1 435
health
-
-
-
1 231
total
-
-
-
4 968
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.

34 906
-
10 816
-
health
2 254
-
698
-
unemployment
49
-
15
-
pensions
5 411
-
1 676
-
income
6 020
-
1 348
-
total
13 734
-
3 737
-
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.

34 906
-
10 816
-
health
2 325
-
721
-
pensions
3 089
-
957
-
unemployment
21
-
6
-
total
5 435
-
1 684
-
Corporate
-
12 500
-
-
income
-
2 374
-
-
total
-
2 374
-
-
Dividends
-
10 126
-
-
withholding
-
1 519
-
-
total
-
1 519
-
-
Income
12 500
12 500
12 500
12 500
Total tax
19 169
3 893
5 421
4 968
After tax
-6 669
8 607
7 079
7 532
Living cost
21 173
21 173
21 173
21 173
Free-cash
-27 842
-12 566
-14 094
-13 641

Estimated living cost  is ₽21173 per week

₽14530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
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.
₽4876
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
-₽29695
-₽18898
-₽43590
-₽22886
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.

-
-
-
12 500
income
-
-
-
22 470
health

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

-
-
-
4 966
total
-
-
-
27 436
Employee
36 212
-
11 128
-
social contributions
3 628
-
1 372
-
income
3 929
-
-
-
total
7 557
-
1 372
-
Employer
36 212
-
11 128
-
social contributions
3 628
-
1 372
-
total
3 628
-
1 372
-
Corporate
-
12 500
-
-
income
-
4 376
-
-
total
-
4 376
-
-
Dividends
-
8 124
-
-
social contributions
2 356
2 356
-
-
total
2 356
2 356
-
-
Income
12 500
12 500
12 500
12 500
Total tax
13 541
6 732
2 744
27 436
After tax
-1 041
5 768
9 756
-14 936
Living cost
28 654
28 654
28 654
28 654
Free-cash
-29 695
-22 886
-18 898
-43 590

Estimated living cost  is ₽28654 per week

₽18875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2259
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
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.
₽7081
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
-₽16338
-₽9441
-₽8711
-₽9111
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
-
-
-
12 500
income
-
-
-
1 875
health
-
-
-
872
social contributions
-
-
-
1 726
total
-
-
-
4 473
Employee
26 764
-
12 500
-
health
1 868
-
872
-
income
4 464
-
2 605
-
social contributions
3 694
-
1 726
-
total
10 026
-
5 203
-
Employer
26 764
-
12 500
-
total
-
-
-
-
Corporate
-
12 500
-
-
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%.

-
625
-
-
total
-
625
-
-
Dividends
-
11 875
-
-
social contributions
1 377
1 639
-
-
withholding
-
1 781
-
-
health
697
828
-
-
total
2 074
4 248
-
-
Income
12 500
12 500
12 500
12 500
Total tax
12 100
4 873
5 203
4 473
After tax
400
7 627
7 297
8 027
Living cost
16 738
16 738
16 738
16 738
Free-cash
-16 338
-9 111
-9 441
-8 711

Estimated living cost  is ₽16738 per week

₽11202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
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.
₽4118
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
-₽31075
-₽15768
-₽16024
-₽13506
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
-
-
-
12 500
income
-
-
-
1 074
health
-
-
-
1 688
social contributions
-
-
-
3 650
solidarity contribution
-
-
-
-
total
-
-
-
6 412
Employee
32 518
-
9 328
-
health
4 390
-
1 259
-
solidarity contribution
-
-
-
-
income
3 902
-
1 119
-
social contributions
2 114
-
606
-
total
10 406
-
2 984
-
Employer
32 518
-
9 328
-
health
2 927
-
840
-
social contributions
8 130
-
2 332
-
total
11 057
-
3 172
-
Corporate
-
12 500
-
-
income
-
2 375
-
-
total
-
2 375
-
-
Dividends
-
10 125
-
-
withholding
-
1 519
-
-
total
-
1 519
-
-
Income
12 500
12 500
12 500
12 500
Total tax
21 463
3 894
6 156
6 412
After tax
-8 963
8 606
6 344
6 088
Living cost
22 112
22 112
22 112
22 112
Free-cash
-31 075
-13 506
-15 768
-16 024

Estimated living cost  is ₽22112 per week

₽16444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
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.
₽4061
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
₽798
₽672
₽3047
₽2547
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%.

-
-
-
12 500
microenterprise

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

-
-
-
125
total
-
-
-
125
Employee
11 661
-
12 500
-
income
2 332
-
2 500
-
total
2 332
-
2 500
-
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
12 500
-
-
total
-
-
-
-
Dividends
839
12 500
-
-
withholding
42
625
-
-
total
42
625
-
-
Income
12 500
12 500
12 500
12 500
Total tax
2 374
625
2 500
125
After tax
10 126
11 875
10 000
12 375
Living cost
9 328
9 328
9 328
9 328
Free-cash
798
2 547
672
3 047

Estimated living cost  is ₽9328 per week

₽6313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽313
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.
₽2311
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
-₽52381
-₽29948
-₽31075
-₽31826
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
-
-
-
12 500
income
-
-
-
-
other
-
-
-
388
health
-
-
-
210
social contributions
-
-
-
357
pensions
-
-
-
4 494
surtax
-
-
-
-
total
-
-
-
5 449
Employee
49 440
-
9 525
-
pensions
5 592
-
1 077
-
income
4 314
-
-
-
social contributions
1 408
-
271
-
surtax
-
-
-
-
total
11 314
-
1 348
-
Employer
49 440
-
9 525
-
health
3 460
-
667
-
social contributions
148
-
28
-
pensions
8 124
-
1 565
-
unemployment
2 003
-
386
-
other
1 706
-
328
-
total
15 441
-
2 974
-
Corporate
-
12 500
-
-
income
-
3 499
-
-
surtax
-
-
-
-
total
-
3 499
-
-
Dividends
-
9 001
-
-
social contributions
-
1 549
-
-
surtax
-
-
-
-
withholding
-
1 152
-
-
total
-
2 701
-
-
Income
12 500
12 500
12 500
12 500
Total tax
26 755
6 200
4 322
5 449
After tax
-14 255
6 300
8 178
7 051
Living cost
38 126
38 126
38 126
38 126
Free-cash
-52 381
-31 826
-29 948
-31 075

Estimated living cost  is ₽38126 per week

₽25803
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
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.
₽8681
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
-₽11692
-₽5958
-₽6494
-₽4576
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.

-
-
-
12 500
pensions
-
-
-
3 250
unemployment
-
-
-
187
income
-
-
-
663
health
-
-
-
1 287
total
-
-
-
5 387
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.

20 519
-
10 602
-
health
1 057
-
546
-
unemployment
154
-
80
-
pensions
2 873
-
1 484
-
income
2 828
-
843
-
total
6 912
-
2 953
-
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.

20 519
-
10 602
-
health
1 057
-
546
-
pensions
2 462
-
1 272
-
unemployment
154
-
80
-
total
3 673
-
1 898
-
Corporate
-
12 500
-
-
income
-
1 875
-
-
total
-
1 875
-
-
Dividends
-
10 625
-
-
withholding
-
1 594
-
-
total
-
1 594
-
-
Income
12 500
12 500
12 500
12 500
Total tax
10 585
3 469
4 851
5 387
After tax
1 915
9 031
7 649
7 113
Living cost
13 608
13 608
13 608
13 608
Free-cash
-11 692
-4 576
-5 958
-6 494

Estimated living cost  is ₽13608 per week

₽9162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1053
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
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.
₽2999
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
-₽56359
-₽44986
-₽42961
-₽48006
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
-
-
-
12 500
pensions
-
-
-
1 151
city
-
-
-
130
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.

-
-
-
250
health
-
-
-
175
regional
-
-
-
33
national
-
-
-
-
total
-
-
-
1 739
Employee
62 868
-
10 450
-
health
142
-
23
-
unemployment
-
-
-
-
city
675
-
102
-
pensions
5 282
-
1 704
-
regional
2 059
-
-
-
national
298
-
-
-
total
8 456
-
1 829
-
Employer
62 868
-
10 450
-
health
142
-
23
-
pensions
5 282
-
1 704
-
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.

1 257
-
208
-
total
6 681
-
1 935
-
Corporate
-
12 500
-
-
regional
-
2 644
-
-
national
-
1 062
-
-
total
-
3 706
-
-
Dividends
-
8 794
-
-
withholding
-
3 078
-
-
total
-
3 078
-
-
Income
12 500
12 500
12 500
12 500
Total tax
15 137
6 784
3 764
1 739
After tax
-2 637
5 716
8 736
10 761
Living cost
53 722
53 722
53 722
53 722
Free-cash
-56 359
-48 006
-44 986
-42 961

Estimated living cost  is ₽53722 per week

₽34935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
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.
₽13307
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
-₽36866
-₽22394
-₽20056
-₽21656
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

-
-
-
12 500
municipal
-
-
-
2 250
health
-
-
-
-
national
-
-
-
-
total
-
-
-
2 250
Employee
41 530
-
10 515
-
health
310
-
-
-
unemployment
623
-
157
-
pensions
2 803
-
710
-
national
686
-
-
-
municipal
6 802
-
1 736
-
total
11 224
-
2 603
-
Employer
41 530
-
10 515
-
health
319
-
81
-
pensions
7 205
-
1 825
-
accident
42
-
10
-
unemployment
270
-
69
-
total
7 836
-
1 985
-
Corporate
-
12 500
-
-
income
-
2 500
-
-
total
-
2 500
-
-
Dividends

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

-
7 500
-
-
municipal
-
1 350
-
-
national
-
-
-
-
total
-
1 350
-
-
Income
12 500
12 500
12 500
12 500
Total tax
19 060
3 850
4 588
2 250
After tax
-6 560
8 650
7 912
10 250
Living cost
30 306
30 306
30 306
30 306
Free-cash
-36 866
-21 656
-22 394
-20 056

Estimated living cost  is ₽30306 per week

₽19796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2915
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
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.
₽7114
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
-₽60400
-₽22972
-₽23028
-₽21529
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
-
-
-
12 500
communal

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

-
-
-
500
social contributions
-
-
-
4 161
national
-
-
-
2 085
total
-
-
-
6 746
Employee

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

56 464
-
9 679
-
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.

2 653
-
454
-
communal

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

2 945
-
505
-
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.

491
-
84
-
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.

4 235
-
727
-
national
17 359
-
2 103
-
total
27 683
-
3 873
-
Employer

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

56 464
-
9 679
-
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.

3 472
-
596
-
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.

5 003
-
857
-
surtax
6 402
-
1 097
-
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.

734
-
126
-
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.

824
-
141
-
total
16 435
-
2 817
-
Corporate
-
12 500
-
-
income
-
2 500
-
-
surtax
-
49
-
-
total
-
2 549
-
-
Dividends
-
9 950
-
-
withholding

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

-
2 698
-
-
total
-
2 698
-
-
Income
12 500
12 500
12 500
12 500
Total tax
44 118
5 247
6 690
6 746
After tax
-31 618
7 253
5 810
5 754
Living cost
28 782
28 782
28 782
28 782
Free-cash
-60 400
-21 529
-22 972
-23 028

Estimated living cost  is ₽28782 per week

₽18539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2517
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
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.
₽7276
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
-₽51488
-₽27495
-₽27941
-₽27346
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
-
-
-
12 500
unemployment
-
-
-
13
municipal
-
-
-
2 648
other
-
-
-
1 453
health
-
-
-
780
national
-
-
-
-
accident
-
-
-
25
pensions
-
-
-
1 351
total
-
-
-
6 270
Employee
48 691
-
9 511
-
national
-
-
-
-
municipal
14 520
-
2 836
-
total
14 520
-
2 836
-
Employer
48 691
-
9 511
-
health
2 994
-
585
-
pensions
5 263
-
1 028
-
accident
97
-
19
-
unemployment
1 285
-
251
-
other
5 658
-
1 105
-
total
15 297
-
2 988
-
Corporate
-
12 500
-
-
income
-
2 750
-
-
total
-
2 750
-
-
Dividends
-
9 750
-
-
withholding
-
2 925
-
-
total
-
2 925
-
-
Income
12 500
12 500
12 500
12 500
Total tax
29 817
5 675
5 824
6 270
After tax
-17 317
6 825
6 676
6 230
Living cost
34 171
34 171
34 171
34 171
Free-cash
-51 488
-27 346
-27 495
-27 941

Estimated living cost  is ₽34171 per week

₽22647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
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.
₽7652
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
-₽118662
-₽37232
-₽29317
-₽30351
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
-
-
-
12 500
income
-
-
-
2 436
social contributions
-
-
-
1 425
total
-
-
-
3 861
Employee
54 424
-
1 564
-
income
12 005
-
204
-
social contributions
4 463
-
636
-
total
16 468
-
840
-
Employer
54 424
-
1 564
-
social contributions
76 738
-
10 936
-
total
76 738
-
10 936
-
Corporate
-
12 500
-
-
income
-
2 750
-
-
total
-
2 750
-
-
Dividends
-
9 750
-
-
income
-
2 145
-
-
total
-
2 145
-
-
Income
12 500
12 500
12 500
12 500
Total tax
93 206
4 895
11 776
3 861
After tax
-80 706
7 605
724
8 639
Living cost
37 956
37 956
37 956
37 956
Free-cash
-118 662
-30 351
-37 232
-29 317

Estimated living cost  is ₽37956 per week

₽24628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
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.
₽9275
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
-₽26639
-₽24053
-₽18549
-₽30953
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
-
-
-
30 008
income
-
-
-
-
health
-
-
-
765
social contributions
-
-
-
4 681
total
-
-
-
5 446
Employee
60 699
60 699
60 699
-
health
604
1 032
348
-
income
6 374
5 619
6 825
-
social contributions
2 950
5 038
1 699
-
total
9 928
11 689
8 872
-
Employer
60 699
60 699
60 699
-
health
658
1 123
379
-
social contributions
2 950
5 038
1 699
-
total
3 608
6 161
2 078
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
12 500
12 500
12 500
12 500
Total tax
13 536
17 850
10 950
5 446
After tax
-1 036
-5 350
1 550
7 054
Living cost
25 603
25 603
25 603
25 603
Free-cash
-26 639
-30 953
-24 053
-18 549

Estimated living cost  is ₽25603 per week

₽17502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
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.
₽5671
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
-₽30807
-₽18536
-₽18366
-₽18804
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
-
-
-
12 500
income
-
-
-
2 450
pensions
-
-
-
247
total
-
-
-
2 697
Employee
38 666
-
12 039
-
health
504
-
-
-
pensions
2 951
-
-
-
income
7 041
-
2 408
-
total
10 496
-
2 408
-
Employer
38 666
-
12 039
-
health
735
-
229
-
pensions
3 907
-
230
-
total
4 642
-
459
-
Corporate
-
12 500
-
-
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.

-
2 375
-
-
total
-
2 375
-
-
Dividends
-
10 125
-
-
withholding
-
760
-
-
total
-
760
-
-
Income
12 500
12 500
12 500
12 500
Total tax
15 138
3 135
2 867
2 697
After tax
-2 638
9 365
9 633
9 803
Living cost
28 169
28 169
28 169
28 169
Free-cash
-30 807
-18 804
-18 536
-18 366

Estimated living cost  is ₽28169 per week

₽19324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽352
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.
₽5901
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
-₽54018
-₽28116
-₽26701
-₽24862
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
-
-
-
12 500
municipal
-
-
-
57
regional
-
-
-
111
social contributions
-
-
-
6 118
national
-
-
-
1 468
total
-
-
-
7 754
Employee
66 517
-
12 500
-
social contributions
22 429
-
8 020
-
regional
1 004
-
78
-
national
11 241
-
1 031
-
municipal
397
-
40
-
total
35 071
-
9 169
-
Employer
66 517
-
12 500
-
total
-
-
-
-
Corporate
-
12 500
-
-
nationa
-
3 000
-
-
municipal
-
602
-
-
total
-
3 602
-
-
Dividends
-
8 897
-
-
withholding
-
2 313
-
-
total
-
2 313
-
-
Income
12 500
12 500
12 500
12 500
Total tax
35 071
5 915
9 169
7 754
After tax
-22 571
6 585
3 331
4 746
Living cost
31 447
31 447
31 447
31 447
Free-cash
-54 018
-24 862
-28 116
-26 701

Estimated living cost  is ₽31447 per week

₽22089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
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.
₽6718
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
-₽19378
-₽10233
-₽10937
-₽15821
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
-
-
-
12 500
pensions
-
-
-
3 184
income
-
-
-
1 273
other
-
-
-
284
health
-
-
-
1 669
accident
-
-
-
193
total
-
-
-
6 603
Employee
26 480
-
10 384
-
health
3 032
-
1 189
-
pensions
2 982
-
1 169
-
income
3 633
-
1 425
-
total
9 647
-
3 783
-
Employer
26 480
-
10 384
-
pensions
4 306
-
1 689
-
accident
442
-
173
-
unemployment
649
-
254
-
total
5 397
-
2 116
-
Corporate
-
12 500
-
-
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.

-
11 250
-
-
total
-
11 250
-
-
Dividends
-
1 250
-
-
withholding
-
237
-
-
total
-
237
-
-
Income
12 500
12 500
12 500
12 500
Total tax
15 044
11 487
5 899
6 603
After tax
-2 544
1 013
6 601
5 897
Living cost
16 834
16 834
16 834
16 834
Free-cash
-19 378
-15 821
-10 233
-10 937

Estimated living cost  is ₽16834 per week

₽12338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
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.
₽3212
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
-₽26777
-₽23369
-₽23369
-₽23834
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.

-
-
-
12 500
trade
-
-
-
-
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.

-
-
-
-
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.

-
-
-
5 393
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.

-
-
-
-
total
-
-
-
5 393
Employee

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

39 276
-
12 500
-
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.

5 393
-
5 393
-
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.

3 230
-
-
-
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.

178
-
-
-
total
8 801
-
5 393
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
12 500
-
-
income
-
1 875
-
-
trade
-
1 793
-
-
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.

-
103
-
-
chamber of commerce
-
138
-
-
total
-
3 909
-
-
Dividends
-
8 590
-
-
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.

-
102
-
-
withholding
-
1 847
-
-
total
-
1 949
-
-
Income
12 500
12 500
12 500
12 500
Total tax
8 801
5 858
5 393
5 393
After tax
3 699
6 642
7 107
7 107
Living cost
30 476
30 476
30 476
30 476
Free-cash
-26 777
-23 834
-23 369
-23 369

Estimated living cost  is ₽30476 per week

₽21023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
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.
₽5731
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
-₽16122
-₽9251
-₽8282
-₽6422
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.

-
-
-
12 500
income
-
-
-
-
microenterprise
-
-
-
1 875
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.

-
-
-
2 485
surtax
-
-
-
-
total
-
-
-
4 360
Employee
23 066
-
10 073
-
income
4 106
-
1 793
-
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.

2 538
-
1 109
-
surtax
-
-
-
-
total
6 644
-
2 902
-
Employer
23 066
-
10 073
-
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.

5 556
-
2 427
-
surtax
-
-
-
-
total
5 556
-
2 427
-
Corporate
-
12 500
-
-
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%.

-
2 500
-
-
total
-
2 500
-
-
Dividends

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

-
10 000
-
-
total
-
-
-
-
Income
12 500
12 500
12 500
12 500
Total tax
12 200
2 500
5 329
4 360
After tax
300
10 000
7 171
8 140
Living cost
16 422
16 422
16 422
16 422
Free-cash
-16 122
-6 422
-9 251
-8 282

Estimated living cost  is ₽16422 per week

₽10477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽373
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.
₽4009
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
-₽5730
-₽2900
-₽3257
-₽1970
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
-
-
-
12 500
income
-
-
-
1 674
health
-
-
-
1 813
pensions
-
-
-
2 500
total
-
-
-
5 987
Employee
14 880
-
10 204
-
health
744
-
510
-
unemployment
149
-
102
-
pensions
1 339
-
918
-
income
2 879
-
1 805
-
total
5 111
-
3 335
-
Employer
14 880
-
10 204
-
health
1 414
-
969
-
pensions
1 637
-
1 122
-
unemployment
298
-
204
-
total
3 349
-
2 295
-
Corporate
-
12 500
-
-
income
-
2 750
-
-
total
-
2 750
-
-
Dividends
-
9 750
-
-
withholding
-
1 950
-
-
total
-
1 950
-
-
Income
12 500
12 500
12 500
12 500
Total tax
8 460
4 700
5 630
5 987
After tax
4 040
7 800
6 870
6 513
Living cost
9 770
9 770
9 770
9 770
Free-cash
-5 730
-1 970
-2 900
-3 257

Estimated living cost  is ₽9770 per week

₽5806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
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.
₽2948
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
-₽19679
-₽10868
-₽10584
-₽9868
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
-
-
-
12 500
pensions
-
-
-
2 500
unemployment
-
-
-
180
income
-
-
-
1 787
other
-
-
-
-
health
-
-
-
887
surtax
-
-
-
-
total
-
-
-
5 354
Employee
26 583
-
10 283
-
health
679
-
268
-
unemployment
1 850
-
733
-
pensions
1 774
-
703
-
income
4 456
-
1 717
-
other
-
-
-
-
surtax
94
-
-
-
total
8 853
-
3 421
-
Employer
26 583
-
10 283
-
health
1 209
-
479
-
pensions
3 544
-
1 404
-
unemployment
843
-
334
-
other
-
-
-
-
total
5 596
-
2 217
-
Corporate
-
12 500
-
-
income
-
3 251
-
-
total
-
3 251
-
-
Dividends
-
9 249
-
-
withholding
-
1 387
-
-
total
-
1 387
-
-
Income
12 500
12 500
12 500
12 500
Total tax
14 449
4 638
5 638
5 354
After tax
-1 949
7 862
6 862
7 146
Living cost
17 730
17 730
17 730
17 730
Free-cash
-19 679
-9 868
-10 868
-10 584

Estimated living cost  is ₽17730 per week

₽10705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1541
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
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.
₽5074
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
-₽32687
-₽23322
-₽20843
-₽30505
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
-
-
-
12 500
pensions
-
-
-
2 313
chamber of commerce
-
-
-
49
unemployment
-
-