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
₽ 17500
per

Your estimated
City
free-cash

Valencia , Spain
-₽19574
-₽15012
-₽12572
-₽25990
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
-
-
-
17 500
income
-
-
-
2 232
accident
-
-
-
173
unemployment
-
-
-
134
pensions
-
-
-
5 428
other
-
-
-
19
total
-
-
-
7 986
Employee
32 978
-
8 005
-
other
32
-
30
-
income
6 358
-
1 161
-
unemployment
511
-
462
-
pensions
1 550
-
1 400
-
total
8 451
-
3 053
-
Employer
32 978
-
8 005
-
unemployment
1 814
-
1 638
-
pensions
7 782
-
7 029
-
other
264
-
239
-
accident
653
-
589
-
total
10 513
-
9 495
-
Corporate
-
17 500
-
-
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.

-
2 625
-
-
total
-
2 625
-
-
Dividends
-
14 875
-
-
withholding
-
2 921
-
-
total
-
2 921
-
-
Income
17 500
17 500
17 500
17 500
Total tax
18 964
5 546
12 548
7 986
After tax
-1 464
11 954
4 952
9 514
Living cost
24 526
24 526
24 526
24 526
Free-cash
-25 990
-12 572
-19 574
-15 012

Estimated living cost  is ₽24526 per week

₽16554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2358
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.
₽5184
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
-₽13507
-₽14287
-₽10907
-₽23045
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
-
-
-
17 500
income
-
-
-
2 222
health
-
-
-
770
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.

-
-
-
4 199
other
-
-
-
831
total
-
-
-
8 022
Employee
32 383
-
13 976
-
income
5 575
-
2 405
-
health
454
-
196
-
unemployment
323
-
140
-
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.

2 266
-
978
-
total
8 618
-
3 719
-
Employer
32 383
-
13 976
-
unemployment
323
-
140
-
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.

5 506
-
2 376
-
other
1 620
-
699
-
accident
259
-
112
-
health
454
-
196
-
total
8 162
-
3 523
-
Corporate
-
17 500
-
-
income
-
3 674
-
-
total
-
3 674
-
-
Dividends
-
13 826
-
-
withholding
-
968
-
-
total
-
968
-
-
Income
17 500
17 500
17 500
17 500
Total tax
16 780
4 642
7 242
8 022
After tax
720
12 858
10 258
9 478
Living cost
23 765
23 765
23 765
23 765
Free-cash
-23 045
-10 907
-13 507
-14 287

Estimated living cost  is ₽23765 per week

₽16791
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
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.
₽4986
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
-₽628
-₽1473
₽3287
-₽993
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
-
-
-
17 500
income
-
-
-
2 625
health
-
-
-
2 012
unemployment
-
-
-
70
pensions

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

-
-
-
2 590
total
-
-
-
7 297
Employee
15 461
-
14 629
-
income
1 546
-
1 463
-
health
711
-
673
-
accident

We are using the highest rate at 1.1%.

170
-
161
-
pensions

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

1 357
-
1 284
-
total
3 784
-
3 581
-
Employer
15 461
-
14 629
-
unemployment
92
-
88
-
pensions

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

1 704
-
1 612
-
accident

We are using the highest rate at 1.1%.

170
-
161
-
health
1 067
-
1 010
-
total
3 033
-
2 871
-
Corporate
-
17 500
-
-
income
-
1 750
-
-
total
-
1 750
-
-
Dividends
-
15 750
-
-
withholding
-
787
-
-
total
-
787
-
-
Income
17 500
17 500
17 500
17 500
Total tax
6 817
2 537
6 452
7 297
After tax
10 683
14 963
11 048
10 203
Living cost
11 676
11 676
11 676
11 676
Free-cash
-993
3 287
-628
-1 473

Estimated living cost  is ₽11676 per week

₽6817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽309
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.
₽3716
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
-₽19071
-₽20253
-₽21693
-₽32591
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
-
-
-
17 500
income
-
-
-
-
social contributions
-
-
-
499
health
-
-
-
239
surtax
-
-
-
-
pensions
-
-
-
5 958
other
-
-
-
543
total
-
-
-
7 239
Employee
38 171
-
13 333
-
income
2 253
-
-
-
social contributions
1 088
-
381
-
surtax
-
-
-
-
pensions
4 316
-
1 510
-
total
7 657
-
1 891
-
Employer
38 171
-
13 333
-
unemployment
1 545
-
540
-
social contributions
115
-
41
-
pensions
6 271
-
2 192
-
other
1 317
-
460
-
health
2 672
-
933
-
total
11 920
-
4 166
-
Corporate
-
17 500
-
-
income
-
4 900
-
-
surtax
-
-
-
-
total
-
4 900
-
-
Dividends
-
12 600
-
-
withholding
-
1 613
-
-
surtax
-
-
-
-
social contributions
-
2 166
-
-
total
-
3 779
-
-
Income
17 500
17 500
17 500
17 500
Total tax
19 577
8 679
6 057
7 239
After tax
-2 077
8 821
11 443
10 261
Living cost
30 514
30 514
30 514
30 514
Free-cash
-32 591
-21 693
-19 071
-20 253

Estimated living cost  is ₽30514 per week

₽19240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2481
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
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.
₽8275
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
-₽71065
-₽27274
-₽66059
-₽71065
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
-
-
-
17 500
income
-
-
-
1 576
health
-
-
-
2 686
pensions
-
-
-
3 150
total
-
-
-
7 412
Employee
76 163
76 163
76 163
-
income

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

12 467
12 467
12 467
-
health
11 690
9 943
11 690
-
pensions
13 709
10 450
13 709
-
total
37 866
32 860
37 866
-
Employer
76 163
76 163
76 163
-
unemployment
2 742
2 742
2 742
-
pensions
5 301
5 301
5 301
-
health
5 294
5 294
5 294
-
total
13 337
13 337
13 337
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
17 500
17 500
17 500
17 500
Total tax
51 203
46 197
51 203
7 412
After tax
-33 703
-28 697
-33 703
10 088
Living cost
37 362
37 362
37 362
37 362
Free-cash
-71 065
-66 059
-71 065
-27 274

Estimated living cost  is ₽37362 per week

₽26477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
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.
₽6922
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
-₽15607
-₽15607
-₽17960
-₽16612
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.

-
-
-
17 500
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.

-
-
-
6 093
trade
-
-
-
-
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
-
-
-
6 093
Employee

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

34 113
-
17 500
-
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.

953
-
-
-
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.

6 093
-
6 093
-
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.

52
-
-
-
total
7 098
-
6 093
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
17 500
-
-
chamber of commerce
-
161
-
-
income
-
2 625
-
-
surtax

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

-
144
-
-
trade
-
2 757
-
-
total
-
5 687
-
-
Dividends
-
11 813
-
-
withholding
-
2 615
-
-
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.

-
144
-
-
total
-
2 759
-
-
Income
17 500
17 500
17 500
17 500
Total tax
7 098
8 446
6 093
6 093
After tax
10 402
9 054
11 407
11 407
Living cost
27 014
27 014
27 014
27 014
Free-cash
-16 612
-17 960
-15 607
-15 607

Estimated living cost  is ₽27014 per week

₽16993
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
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.
₽6367
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
-₽15519
-₽9303
-₽23317
-₽16910
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
-
-
-
33 905
income
-
-
-
-
social contributions
-
-
-
5 289
health
-
-
-
865
total
-
-
-
6 154
Employee
68 581
68 581
68 581
-
income
7 467
6 349
7 711
-
social contributions
2 593
5 692
1 919
-
health
531
1 166
393
-
total
10 591
13 207
10 023
-
Employer
68 581
68 581
68 581
-
social contributions
2 593
5 692
1 919
-
health
577
1 269
428
-
total
3 170
6 961
2 347
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
17 500
17 500
17 500
17 500
Total tax
13 761
20 168
12 370
6 154
After tax
3 739
-2 668
5 130
11 346
Living cost
20 649
20 649
20 649
20 649
Free-cash
-16 910
-23 317
-15 519
-9 303

Estimated living cost  is ₽20649 per week

₽12376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
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.
₽5792
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
-₽17264
-₽17577
-₽18020
-₽33261
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.

-
-
-
17 500
income
-
-
-
1 021
social contributions

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

-
-
-
6 081
surtax
-
-
-
-
total
-
-
-
7 102
Employee
41 019
-
14 142
-
income
8 532
-
1 876
-
social contributions
4 512
-
1 555
-
surtax
-
-
-
-
total
13 044
-
3 431
-
Employer
41 019
-
14 142
-
social contributions
9 742
-
3 358
-
total
9 742
-
3 358
-
Corporate
-
17 500
-
-
income
-
3 674
-
-
surtax
-
-
-
-
total
-
3 674
-
-
Dividends
-
13 826
-
-
withholding
-
3 871
-
-
total
-
3 871
-
-
Income
17 500
17 500
17 500
17 500
Total tax
22 786
7 545
6 789
7 102
After tax
-5 286
9 955
10 711
10 398
Living cost
27 975
27 975
27 975
27 975
Free-cash
-33 261
-18 020
-17 264
-17 577

Estimated living cost  is ₽27975 per week

₽20931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
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.
₽4927
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
₽7658
₽10983
₽10283
₽9094
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%.

-
-
-
17 500
microenterprise

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

-
-
-
175
total
-
-
-
175
Employee
7 927
-
17 500
-
income
1 585
-
3 500
-
total
1 585
-
3 500
-
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%.

9 573
17 500
-
-
total
-
-
-
-
Dividends
9 573
17 500
-
-
withholding
479
875
-
-
total
479
875
-
-
Income
17 500
17 500
17 500
17 500
Total tax
2 064
875
3 500
175
After tax
15 436
16 625
14 000
17 325
Living cost
6 342
6 342
6 342
6 342
Free-cash
9 094
10 283
7 658
10 983

Estimated living cost  is ₽6342 per week

₽3930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽527
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽174
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.
₽1710
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
-₽14014
-₽13376
-₽11874
-₽28080
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.

-
-
-
17 500
income
-
-
-
2 009
health
-
-
-
1 723
unemployment
-
-
-
27
pensions
-
-
-
3 195
total
-
-
-
6 954
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.

39 439
-
15 142
-
income
6 801
-
1 887
-
health
2 547
-
978
-
unemployment
56
-
22
-
pensions
6 113
-
2 348
-
total
15 517
-
5 235
-
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.

39 439
-
15 142
-
unemployment
24
-
8
-
pensions
3 490
-
1 340
-
health
2 627
-
1 009
-
total
6 141
-
2 357
-
Corporate
-
17 500
-
-
income
-
3 326
-
-
total
-
3 326
-
-
Dividends
-
14 174
-
-
withholding
-
2 126
-
-
total
-
2 126
-
-
Income
17 500
17 500
17 500
17 500
Total tax
21 658
5 452
7 592
6 954
After tax
-4 158
12 048
9 908
10 546
Living cost
23 922
23 922
23 922
23 922
Free-cash
-28 080
-11 874
-14 014
-13 376

Estimated living cost  is ₽23922 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
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.
₽5509
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
-₽18063
-₽46041
-₽23662
-₽30174
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.

-
-
-
17 500
income
-
-
-
25 388
health

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

-
-
-
5 778
total
-
-
-
31 166
Employee
40 914
-
15 906
-
social contributions
4 099
-
1 594
-
income
4 439
-
-
-
total
8 538
-
1 594
-
Employer
40 914
-
15 906
-
social contributions
4 099
-
1 594
-
total
4 099
-
1 594
-
Corporate
-
17 500
-
-
income
-
6 125
-
-
total
-
6 125
-
-
Dividends
-
11 375
-
-
social contributions
2 662
2 662
-
-
total
2 662
2 662
-
-
Income
17 500
17 500
17 500
17 500
Total tax
15 299
8 787
3 188
31 166
After tax
2 201
8 713
14 312
-13 666
Living cost
32 375
32 375
32 375
32 375
Free-cash
-30 174
-23 662
-18 063
-46 041

Estimated living cost  is ₽32375 per week

₽21326
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
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.
₽8000
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
-₽9444
-₽7674
-₽8236
-₽15083
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
-
-
-
17 500
income
-
-
-
2 625
social contributions
-
-
-
2 415
health
-
-
-
1 222
total
-
-
-
6 262
Employee
30 240
-
17 500
-
income
5 044
-
4 395
-
social contributions
4 174
-
2 415
-
health
2 111
-
1 222
-
total
11 329
-
8 032
-
Employer
30 240
-
17 500
-
total
-
-
-
-
Corporate
-
17 500
-
-
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%.

-
875
-
-
total
-
875
-
-
Dividends
-
16 625
-
-
withholding
-
2 493
-
-
health
787
1 161
-
-
social contributions
1 555
2 295
-
-
total
2 342
5 949
-
-
Income
17 500
17 500
17 500
17 500
Total tax
13 671
6 824
8 032
6 262
After tax
3 829
10 676
9 468
11 238
Living cost
18 912
18 912
18 912
18 912
Free-cash
-15 083
-8 236
-9 444
-7 674

Estimated living cost  is ₽18912 per week

₽12657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
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.
₽4653
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
-₽15443
-₽15801
-₽12275
-₽30432
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
-
-
-
17 500
income
-
-
-
1 504
social contributions
-
-
-
5 110
solidarity contribution
-
-
-
-
health
-
-
-
2 363
total
-
-
-
8 977
Employee
35 771
-
13 060
-
solidarity contribution
-
-
-
-
income
4 292
-
1 567
-
social contributions
2 325
-
849
-
health
4 829
-
1 763
-
total
11 446
-
4 179
-
Employer
35 771
-
13 060
-
social contributions
8 943
-
3 265
-
health
3 219
-
1 175
-
total
12 162
-
4 440
-
Corporate
-
17 500
-
-
income
-
3 325
-
-
total
-
3 325
-
-
Dividends
-
14 175
-
-
withholding
-
2 126
-
-
total
-
2 126
-
-
Income
17 500
17 500
17 500
17 500
Total tax
23 608
5 451
8 619
8 977
After tax
-6 108
12 049
8 881
8 523
Living cost
24 324
24 324
24 324
24 324
Free-cash
-30 432
-12 275
-15 443
-15 801

Estimated living cost  is ₽24324 per week

₽18089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
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.
₽4467
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
₽4117
₽7442
₽6742
₽4889
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%.

-
-
-
17 500
microenterprise

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

-
-
-
175
total
-
-
-
175
Employee
12 354
-
17 500
-
income
2 471
-
3 500
-
total
2 471
-
3 500
-
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%.

5 146
17 500
-
-
total
-
-
-
-
Dividends
5 146
17 500
-
-
withholding
257
875
-
-
total
257
875
-
-
Income
17 500
17 500
17 500
17 500
Total tax
2 728
875
3 500
175
After tax
14 772
16 625
14 000
17 325
Living cost
9 883
9 883
9 883
9 883
Free-cash
4 889
6 742
4 117
7 442

Estimated living cost  is ₽9883 per week

₽6688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽331
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.
₽2449
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
-₽31633
-₽32815
-₽34255
-₽55806
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
-
-
-
17 500
income
-
-
-
-
social contributions
-
-
-
499
health
-
-
-
239
surtax
-
-
-
-
pensions
-
-
-
5 958
other
-
-
-
543
total
-
-
-
7 239
Employee
55 860
-
13 333
-
income
4 874
-
-
-
social contributions
1 591
-
381
-
surtax
-
-
-
-
pensions
6 318
-
1 510
-
total
12 783
-
1 891
-
Employer
55 860
-
13 333
-
unemployment
2 263
-
540
-
social contributions
168
-
41
-
pensions
9 178
-
2 192
-
other
1 928
-
460
-
health
3 910
-
933
-
total
17 447
-
4 166
-
Corporate
-
17 500
-
-
income
-
4 900
-
-
surtax
-
-
-
-
total
-
4 900
-
-
Dividends
-
12 600
-
-
withholding
-
1 613
-
-
surtax
-
-
-
-
social contributions
-
2 166
-
-
total
-
3 779
-
-
Income
17 500
17 500
17 500
17 500
Total tax
30 230
8 679
6 057
7 239
After tax
-12 730
8 821
11 443
10 261
Living cost
43 076
43 076
43 076
43 076
Free-cash
-55 806
-34 255
-31 633
-32 815

Estimated living cost  is ₽43076 per week

₽29153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3524
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
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.
₽9808
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
-₽5010
-₽5764
-₽2732
-₽9836
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.

-
-
-
17 500
income
-
-
-
1 274
health
-
-
-
1 802
unemployment
-
-
-
262
pensions
-
-
-
4 550
total
-
-
-
7 888
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.

23 186
-
14 843
-
income
3 196
-
1 525
-
health
1 194
-
764
-
unemployment
174
-
111
-
pensions
3 246
-
2 078
-
total
7 810
-
4 478
-
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.

23 186
-
14 843
-
unemployment
174
-
111
-
pensions
2 782
-
1 781
-
health
1 194
-
764
-
total
4 150
-
2 656
-
Corporate
-
17 500
-
-
income
-
2 625
-
-
total
-
2 625
-
-
Dividends
-
14 875
-
-
withholding
-
2 231
-
-
total
-
2 231
-
-
Income
17 500
17 500
17 500
17 500
Total tax
11 960
4 856
7 134
7 888
After tax
5 540
12 644
10 366
9 612
Living cost
15 376
15 376
15 376
15 376
Free-cash
-9 836
-2 732
-5 010
-5 764

Estimated living cost  is ₽15376 per week

₽10353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1189
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
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.
₽3389
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
-₽49521
-₽47187
-₽54246
-₽62287
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
-
-
-
17 500
regional
-
-
-
93
national
-
-
-
-
health
-
-
-
203
city
-
-
-
182
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.

-
-
-
350
pensions
-
-
-
1 610
total
-
-
-
2 438
Employee
72 848
-
14 896
-
regional
2 385
-
37
-
city
782
-
150
-
health
165
-
34
-
unemployment
-
-
-
-
national
345
-
-
-
pensions
6 120
-
2 110
-
total
9 797
-
2 331
-
Employer
72 848
-
14 896
-
unemployment
-
-
-
-
pensions
6 120
-
2 110
-
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.

1 456
-
297
-
health
165
-
34
-
total
7 741
-
2 441
-
Corporate
-
17 500
-
-
regional
-
3 701
-
-
national
-
1 487
-
-
total
-
5 188
-
-
Dividends
-
12 312
-
-
withholding
-
4 309
-
-
total
-
4 309
-
-
Income
17 500
17 500
17 500
17 500
Total tax
17 538
9 497
4 772
2 438
After tax
-38
8 003
12 728
15 062
Living cost
62 249
62 249
62 249
62 249
Free-cash
-62 287
-54 246
-49 521
-47 187

Estimated living cost  is ₽62249 per week

₽40480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽764
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.
₽15419
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
-₽23165
-₽19892
-₽22133
-₽38278
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

-
-
-
17 500
municipal
-
-
-
3 150
national
-
-
-
-
health
-
-
-
-
total
-
-
-
3 150
Employee
46 923
-
14 721
-
health
350
-
-
-
unemployment
704
-
220
-
national
775
-
-
-
municipal
7 686
-
2 432
-
pensions
3 167
-
993
-
total
12 682
-
3 645
-
Employer
46 923
-
14 721
-
unemployment
305
-
96
-
pensions
8 141
-
2 554
-
accident
47
-
15
-
health
361
-
113
-
total
8 854
-
2 778
-
Corporate
-
17 500
-
-
income
-
3 500
-
-
total
-
3 500
-
-
Dividends

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

-
10 500
-
-
national
-
-
-
-
municipal
-
1 891
-
-
total
-
1 891
-
-
Income
17 500
17 500
17 500
17 500
Total tax
21 536
5 391
6 423
3 150
After tax
-4 036
12 109
11 077
14 350
Living cost
34 242
34 242
34 242
34 242
Free-cash
-38 278
-22 133
-23 165
-19 892

Estimated living cost  is ₽34242 per week

₽22366
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
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.
₽8038
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
-₽24388
-₽23688
-₽22442
-₽64867
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
-
-
-
17 500
national
-
-
-
3 199
social contributions
-
-
-
4 702
communal

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

-
-
-
768
total
-
-
-
8 669
Employee

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

63 796
-
13 555
-
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.

2 997
-
636
-
communal

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

3 327
-
707
-
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.

555
-
118
-
national
19 614
-
2 945
-
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.

4 785
-
1 017
-
total
31 278
-
5 423
-
Employer

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

63 796
-
13 555
-
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.

931
-
198
-
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.

5 653
-
1 202
-
surtax
7 234
-
1 537
-
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.

829
-
176
-
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.

3 923
-
833
-
total
18 570
-
3 946
-
Corporate
-
17 500
-
-
income
-
3 500
-
-
surtax
-
69
-
-
total
-
3 569
-
-
Dividends
-
13 931
-
-
withholding

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

-
3 854
-
-
total
-
3 854
-
-
Income
17 500
17 500
17 500
17 500
Total tax
49 848
7 423
9 369
8 669
After tax
-32 348
10 077
8 131
8 831
Living cost
32 519
32 519
32 519
32 519
Free-cash
-64 867
-22 442
-24 388
-23 688

Estimated living cost  is ₽32519 per week

₽20946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
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.
₽8220
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
-₽26805
-₽27428
-₽26595
-₽50196
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
-
-
-
17 500
municipal
-
-
-
3 707
national
-
-
-
-
health
-
-
-
1 092
accident
-
-
-
35
unemployment
-
-
-
18
pensions
-
-
-
1 892
other
-
-
-
2 034
total
-
-
-
8 778
Employee
51 511
-
13 316
-
national
-
-
-
-
municipal
15 361
-
3 971
-
total
15 361
-
3 971
-
Employer
51 511
-
13 316
-
unemployment
1 360
-
352
-
pensions
5 568
-
1 439
-
other
5 986
-
1 547
-
accident
103
-
27
-
health
3 168
-
819
-
total
16 185
-
4 184
-
Corporate
-
17 500
-
-
income
-
3 850
-
-
total
-
3 850
-
-
Dividends
-
13 650
-
-
withholding
-
4 095
-
-
total
-
4 095
-
-
Income
17 500
17 500
17 500
17 500
Total tax
31 546
7 945
8 155
8 778
After tax
-14 046
9 555
9 345
8 722
Living cost
36 150
36 150
36 150
36 150
Free-cash
-50 196
-26 595
-26 805
-27 428

Estimated living cost  is ₽36150 per week

₽23959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
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.
₽8095
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
-₽34355
-₽26688
-₽28135
-₽116514
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
-
-
-
17 500
income
-
-
-
3 411
social contributions
-
-
-
1 995
total
-
-
-
5 406
Employee
55 607
-
6 326
-
income
12 266
-
1 249
-
social contributions
4 560
-
650
-
total
16 826
-
1 899
-
Employer
55 607
-
6 326
-
social contributions
78 406
-
11 174
-
total
78 406
-
11 174
-
Corporate
-
17 500
-
-
income
-
3 850
-
-
total
-
3 850
-
-
Dividends
-
13 650
-
-
income
-
3 003
-
-
total
-
3 003
-
-
Income
17 500
17 500
17 500
17 500
Total tax
95 232
6 853
13 073
5 406
After tax
-77 732
10 647
4 427
12 094
Living cost
38 782
38 782
38 782
38 782
Free-cash
-116 514
-28 135
-34 355
-26 688

Estimated living cost  is ₽38782 per week

₽25163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
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.
₽9477
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
-₽23798
-₽17582
-₽31596
-₽26721
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
-
-
-
33 905
income
-
-
-
-
social contributions
-
-
-
5 289
health
-
-
-
865
total
-
-
-
6 154
Employee
68 581
68 581
68 581
-
income
7 202
6 349
7 711
-
social contributions
3 333
5 692
1 919
-
health
682
1 166
393
-
total
11 217
13 207
10 023
-
Employer
68 581
68 581
68 581
-
social contributions
3 333
5 692
1 919
-
health
743
1 269
428
-
total
4 076
6 961
2 347
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
17 500
17 500
17 500
17 500
Total tax
15 293
20 168
12 370
6 154
After tax
2 207
-2 668
5 130
11 346
Living cost
28 928
28 928
28 928
28 928
Free-cash
-26 721
-31 596
-23 798
-17 582

Estimated living cost  is ₽28928 per week

₽19775
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.
₽486
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.
₽6408
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
-₽18903
-₽18180
-₽18960
-₽31809
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
-
-
-
17 500
income
-
-
-
3 474
pensions
-
-
-
133
total
-
-
-
3 607
Employee
44 025
-
16 532
-
income
8 017
-
3 292
-
health
574
-
11
-
pensions
3 360
-
61
-
total
11 951
-
3 364
-
Employer
44 025
-
16 532
-
pensions
4 448
-
652
-
health
837
-
314
-
total
5 285
-
966
-
Corporate
-
17 500
-
-
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.

-
3 324
-
-
total
-
3 324
-
-
Dividends
-
14 176
-
-
withholding
-
1 063
-
-
total
-
1 063
-
-
Income
17 500
17 500
17 500
17 500
Total tax
17 236
4 387
4 330
3 607
After tax
264
13 113
13 170
13 893
Living cost
32 073
32 073
32 073
32 073
Free-cash
-31 809
-18 960
-18 903
-18 180

Estimated living cost  is ₽32073 per week

₽22002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2949
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
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

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
-₽29255
-₽27656
-₽26313
-₽57657
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
-
-
-
17 500
municipal
-
-
-
95
regional
-
-
-
183
national
-
-
-
2 436
social contributions
-
-
-
6 912
total
-
-
-
9 626
Employee
75 155
-
17 500
-
regional
1 135
-
146
-
social contributions
25 342
-
9 062
-
national
12 701
-
1 941
-
municipal
449
-
76
-
total
39 627
-
11 225
-
Employer
75 155
-
17 500
-
total
-
-
-
-
Corporate
-
17 500
-
-
nationa
-
4 201
-
-
municipal
-
843
-
-
total
-
5 044
-
-
Dividends
-
12 456
-
-
withholding
-
3 239
-
-
total
-
3 239
-
-
Income
17 500
17 500
17 500
17 500
Total tax
39 627
8 283
11 225
9 626
After tax
-22 127
9 217
6 275
7 874
Living cost
35 530
35 530
35 530
35 530
Free-cash
-57 657
-26 313
-29 255
-27 656

Estimated living cost  is ₽35530 per week

₽24958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
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.
₽7591
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
-₽9365
-₽9056
-₽17187
-₽17732
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
-
-
-
17 500
income
-
-
-
2 061
health
-
-
-
1 844
accident
-
-
-
214
pensions
-
-
-
3 519
other
-
-
-
313
total
-
-
-
7 951
Employee
29 267
-
14 537
-
income
4 015
-
1 995
-
health
3 351
-
1 665
-
pensions
3 296
-
1 637
-
total
10 662
-
5 297
-
Employer
29 267
-
14 537
-
unemployment
717
-
356
-
pensions
4 759
-
2 364
-
accident
489
-
243
-
total
5 965
-
2 963
-
Corporate
-
17 500
-
-
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.

-
15 750
-
-
total
-
15 750
-
-
Dividends
-
1 750
-
-
withholding
-
332
-
-
total
-
332
-
-
Income
17 500
17 500
17 500
17 500
Total tax
16 627
16 082
8 260
7 951
After tax
873
1 418
9 240
9 549
Living cost
18 605
18 605
18 605
18 605
Free-cash
-17 732
-17 187
-9 365
-9 056

Estimated living cost  is ₽18605 per week

₽13636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1031
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
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.
₽3550
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
-₽23026
-₽23026
-₽25198
-₽26876
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.

-
-
-
17 500
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.

-
-
-
6 093
trade
-
-
-
-
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
-
-
-
6 093
Employee

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

44 376
-
17 500
-
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.

3 649
-
-
-
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.

6 093
-
6 093
-
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.

201
-
-
-
total
9 943
-
6 093
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
17 500
-
-
chamber of commerce
-
161
-
-
income
-
2 625
-
-
surtax

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

-
144
-
-
trade
-
2 512
-
-
total
-
5 442
-
-
Dividends
-
12 059
-
-
withholding
-
2 676
-
-
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.

-
147
-
-
total
-
2 823
-
-
Income
17 500
17 500
17 500
17 500
Total tax
9 943
8 265
6 093
6 093
After tax
7 557
9 235
11 407
11 407
Living cost
34 433
34 433
34 433
34 433
Free-cash
-26 876
-25 198
-23 026
-23 026

Estimated living cost  is ₽34433 per week

₽23753
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3705
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
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.
₽6476
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
-₽8514
-₽6488
-₽4555
-₽14838
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.

-
-
-
17 500
microenterprise
-
-
-
2 625
income
-
-
-
-
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.

-
-
-
2 808
surtax
-
-
-
-
total
-
-
-
5 433
Employee
26 061
-
14 103
-
income
4 639
-
2 510
-
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.

2 867
-
1 552
-
surtax
-
-
-
-
total
7 506
-
4 062
-
Employer
26 061
-
14 103
-
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.

6 277
-
3 397
-
surtax
-
-
-
-
total
6 277
-
3 397
-
Corporate
-
17 500
-
-
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%.

-
3 500
-
-
total
-
3 500
-
-
Dividends

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

-
14 000
-
-
total
-
-
-
-
Income
17 500
17 500
17 500
17 500
Total tax
13 783
3 500
7 459
5 433
After tax
3 717
14 000
10 041
12 067
Living cost
18 555
18 555
18 555
18 555
Free-cash
-14 838
-4 555
-8 514
-6 488

Estimated living cost  is ₽18555 per week

₽11837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
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.
₽4529
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
-₽2197
-₽2693
-₽784
-₽4337
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
-
-
-
17 500
income
-
-
-
2 452
health
-
-
-
2 537
pensions
-
-
-
3 500
total
-
-
-
8 489
Employee
17 826
-
14 286
-
income
3 448
-
2 636
-
health
891
-
714
-
unemployment
178
-
143
-
pensions
1 604
-
1 286
-
total
6 121
-
4 779
-
Employer
17 826
-
14 286
-
unemployment
357
-
286
-
pensions
1 961
-
1 571
-
health
1 694
-
1 357
-
total
4 012
-
3 214
-
Corporate
-
17 500
-
-
income
-
3 850
-
-
total
-
3 850
-
-
Dividends
-
13 650
-
-
withholding
-
2 730
-
-
total
-
2 730
-
-
Income
17 500
17 500
17 500
17 500
Total tax
10 133
6 580
7 993
8 489
After tax
7 367
10 920
9 507
9 011
Living cost
11 704
11 704
11 704
11 704
Free-cash
-4 337
-784
-2 197
-2 693

Estimated living cost  is ₽11704 per week

₽6955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽949
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽268
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.
₽3532
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
-₽10342
-₽9990
-₽9025
-₽18859
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
-
-
-
17 500
income
-
-
-
2 512
health
-
-
-
1 242
unemployment
-
-
-
203
surtax
-
-
-
-
pensions
-
-
-
3 500
other
-
-
-
-
total
-
-
-
7 457
Employee
30 035
-
14 457
-
other
-
-
-
-
income
5 035
-
2 424
-
health
767
-
369
-
unemployment
2 090
-
1 007
-
surtax
107
-
-
-
pensions
2 004
-
965
-
total
10 003
-
4 765
-
Employer
30 035
-
14 457
-
unemployment
953
-
459
-
pensions
4 004
-
1 928
-
other
-
-
-
-
health
1 366
-
657
-
total
6 323
-
3 044
-
Corporate
-
17 500
-
-
income
-
4 549
-
-
total
-
4 549
-
-
Dividends
-
12 951
-
-
withholding
-
1 943
-
-
total
-
1 943
-
-
Income
17 500
17 500
17 500
17 500
Total tax
16 326
6 492
7 809
7 457
After tax
1 174
11 008
9 691
10 043
Living cost
20 033
20 033
20 033
20 033
Free-cash
-18 859
-9 025
-10 342
-9 990

Estimated living cost  is ₽20033 per week

₽12095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
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.
₽5733
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
-₽24587
-₽21070
-₽31086
-₽33554
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
-
-
-
17 500
income
-
-
-
-
chamber of commerce
-
-
-
69
health