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
₽ 18500
per

Your estimated
City
free-cash

Valencia , Spain
-₽21405
-₽15980
-₽12013
-₽9893
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
-
-
-
18 500
unemployment
-
-
-
129
income
-
-
-
2 461
other
-
-
-
19
accident
-
-
-
166
pensions
-
-
-
5 235
total
-
-
-
8 010
Employee
30 259
-
9 788
-
unemployment
469
-
424
-
pensions
1 423
-
1 284
-
income
5 834
-
1 530
-
other
30
-
28
-
total
7 756
-
3 266
-
Employer
30 259
-
9 788
-
pensions
7 140
-
6 449
-
accident
599
-
540
-
unemployment
1 665
-
1 503
-
other
242
-
219
-
total
9 646
-
8 711
-
Corporate
-
18 500
-
-
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.

-
2 775
-
-
total
-
2 775
-
-
Dividends
-
15 725
-
-
withholding
-
3 115
-
-
total
-
3 115
-
-
Income
18 500
18 500
18 500
18 500
Total tax
17 402
5 890
11 977
8 010
After tax
1 098
12 610
6 523
10 490
Living cost
22 503
22 503
22 503
22 503
Free-cash
-21 405
-9 893
-15 980
-12 013

Estimated living cost  is ₽22503 per week

₽15189
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.
₽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.
₽4757
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
-₽18701
-₽10961
-₽11788
-₽8213
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
-
-
-
18 500
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.

-
-
-
4 440
income
-
-
-
2 350
other
-
-
-
879
health
-
-
-
814
total
-
-
-
8 483
Employee
29 713
-
14 778
-
health
416
-
207
-
unemployment
297
-
148
-
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.

2 079
-
1 034
-
income
5 115
-
2 544
-
total
7 907
-
3 933
-
Employer
29 713
-
14 778
-
health
416
-
207
-
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.

5 052
-
2 511
-
accident
238
-
118
-
unemployment
297
-
148
-
other
1 486
-
739
-
total
7 489
-
3 723
-
Corporate
-
18 500
-
-
income
-
3 885
-
-
total
-
3 885
-
-
Dividends
-
14 615
-
-
withholding
-
1 023
-
-
total
-
1 023
-
-
Income
18 500
18 500
18 500
18 500
Total tax
15 396
4 908
7 656
8 483
After tax
3 104
13 592
10 844
10 017
Living cost
21 805
21 805
21 805
21 805
Free-cash
-18 701
-8 213
-10 961
-11 788

Estimated living cost  is ₽21805 per week

₽15407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1472
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.
₽4575
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
₽1289
₽950
₽56
₽5088
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
-
-
-
18 500
pensions

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

-
-
-
2 738
unemployment
-
-
-
74
income
-
-
-
2 775
health
-
-
-
2 128
total
-
-
-
7 715
Employee
14 206
-
15 465
-
health
653
-
711
-
accident

We are using the highest rate at 1.1%.

156
-
170
-
pensions

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

1 247
-
1 358
-
income
1 420
-
1 547
-
total
3 476
-
3 786
-
Employer
14 206
-
15 465
-
health
981
-
1 067
-
pensions

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

1 566
-
1 705
-
accident

We are using the highest rate at 1.1%.

156
-
170
-
unemployment
85
-
93
-
total
2 788
-
3 035
-
Corporate
1 506
18 500
-
-
income
151
1 850
-
-
total
151
1 850
-
-
Dividends
1 355
16 650
-
-
withholding
67
833
-
-
total
67
833
-
-
Income
18 500
18 500
18 500
18 500
Total tax
6 482
2 683
6 821
7 715
After tax
12 018
15 817
11 679
10 785
Living cost
10 729
10 729
10 729
10 729
Free-cash
1 289
5 088
950
56

Estimated living cost  is ₽10729 per week

₽6264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽284
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.
₽3415
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
-₽27462
-₽15892
-₽16923
-₽18675
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
-
-
-
18 500
income
-
-
-
-
other
-
-
-
573
health
-
-
-
219
social contributions
-
-
-
528
pensions
-
-
-
6 105
surtax
-
-
-
-
total
-
-
-
7 425
Employee
35 024
-
14 096
-
pensions
3 960
-
1 593
-
income
2 067
-
-
-
social contributions
999
-
402
-
surtax
-
-
-
-
total
7 026
-
1 995
-
Employer
35 024
-
14 096
-
health
2 452
-
986
-
social contributions
106
-
42
-
pensions
5 754
-
2 314
-
unemployment
1 418
-
571
-
other
1 208
-
486
-
total
10 938
-
4 399
-
Corporate
-
18 500
-
-
income
-
5 181
-
-
surtax
-
-
-
-
total
-
5 181
-
-
Dividends
-
13 319
-
-
social contributions
-
2 291
-
-
surtax
-
-
-
-
withholding
-
1 705
-
-
total
-
3 996
-
-
Income
18 500
18 500
18 500
18 500
Total tax
17 964
9 177
6 394
7 425
After tax
536
9 323
12 106
11 075
Living cost
27 998
27 998
27 998
27 998
Free-cash
-27 462
-18 675
-15 892
-16 923

Estimated living cost  is ₽27998 per week

₽17654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
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.
₽7592
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
-₽62763
-₽62763
-₽23616
-₽58170
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
-
-
-
18 500
pensions
-
-
-
3 330
income
-
-
-
1 665
health
-
-
-
2 840
total
-
-
-
7 835
Employee
69 883
69 883
69 883
-
health
10 726
9 124
10 726
-
pensions
12 579
9 588
12 579
-
income

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

11 439
11 439
11 439
-
total
34 744
30 151
34 744
-
Employer
69 883
69 883
69 883
-
health
4 858
4 858
4 858
-
pensions
4 864
4 864
4 864
-
unemployment
2 516
2 516
2 516
-
total
12 238
12 238
12 238
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
18 500
18 500
18 500
18 500
Total tax
46 982
42 389
46 982
7 835
After tax
-28 482
-23 889
-28 482
10 665
Living cost
34 281
34 281
34 281
34 281
Free-cash
-62 763
-58 170
-62 763
-23 616

Estimated living cost  is ₽34281 per week

₽24294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3090
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.
₽6352
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
-₽12800
-₽11878
-₽11878
-₽15249
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.

-
-
-
18 500
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.

-
-
-
5 591
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
-
-
-
5 591
Employee

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

31 300
-
18 500
-
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.

5 591
-
5 591
-
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.

874
-
-
-
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.

48
-
-
-
total
6 513
-
5 591
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
18 500
-
-
income
-
2 775
-
-
trade
-
2 913
-
-
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.

-
152
-
-
chamber of commerce
-
151
-
-
total
-
5 991
-
-
Dividends
-
12 509
-
-
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.

-
155
-
-
withholding
-
2 816
-
-
total
-
2 971
-
-
Income
18 500
18 500
18 500
18 500
Total tax
6 513
8 962
5 591
5 591
After tax
11 987
9 538
12 909
12 909
Living cost
24 787
24 787
24 787
24 787
Free-cash
-12 800
-15 249
-11 878
-11 878

Estimated living cost  is ₽24787 per week

₽15592
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
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.
₽5842
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
-₽13075
-₽11797
-₽6094
-₽18953
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
-
-
-
31 109
income
-
-
-
-
health
-
-
-
794
social contributions
-
-
-
4 853
total
-
-
-
5 647
Employee
62 926
62 926
62 926
-
health
488
1 070
360
-
income
6 852
5 825
7 075
-
social contributions
2 379
5 223
1 761
-
total
9 719
12 118
9 196
-
Employer
62 926
62 926
62 926
-
health
530
1 165
393
-
social contributions
2 379
5 223
1 761
-
total
2 909
6 388
2 154
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
18 500
18 500
18 500
18 500
Total tax
12 628
18 506
11 350
5 647
After tax
5 872
-6
7 150
12 853
Living cost
18 947
18 947
18 947
18 947
Free-cash
-13 075
-18 953
-11 797
-6 094

Estimated living cost  is ₽18947 per week

₽11355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽419
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.
₽5314
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
-₽28077
-₽14489
-₽14677
-₽15146
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.

-
-
-
18 500
income
-
-
-
1 079
social contributions

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

-
-
-
6 429
surtax
-
-
-
-
total
-
-
-
7 508
Employee
37 637
-
14 950
-
income
7 829
-
2 125
-
social contributions
4 140
-
1 645
-
surtax
-
-
-
-
total
11 969
-
3 770
-
Employer
37 637
-
14 950
-
social contributions
8 939
-
3 550
-
total
8 939
-
3 550
-
Corporate
-
18 500
-
-
income
-
3 885
-
-
surtax
-
-
-
-
total
-
3 885
-
-
Dividends
-
14 615
-
-
withholding
-
4 092
-
-
total
-
4 092
-
-
Income
18 500
18 500
18 500
18 500
Total tax
20 908
7 977
7 320
7 508
After tax
-2 408
10 523
11 180
10 992
Living cost
25 669
25 669
25 669
25 669
Free-cash
-28 077
-15 146
-14 489
-14 677

Estimated living cost  is ₽25669 per week

₽19205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
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.
₽4521
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
₽10342
₽8709
₽12224
₽11484
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%.

-
-
-
18 500
microenterprise

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

-
-
-
185
total
-
-
-
185
Employee
7 614
-
18 500
-
income
1 523
-
3 700
-
total
1 523
-
3 700
-
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%.

10 886
18 500
-
-
total
-
-
-
-
Dividends
10 886
18 500
-
-
withholding
544
925
-
-
total
544
925
-
-
Income
18 500
18 500
18 500
18 500
Total tax
2 067
925
3 700
185
After tax
16 433
17 575
14 800
18 315
Living cost
6 091
6 091
6 091
6 091
Free-cash
10 342
11 484
8 709
12 224

Estimated living cost  is ₽6091 per week

₽3775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽167
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.
₽1643
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
-₽23321
-₽11476
-₽10891
-₽9211
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.

-
-
-
18 500
pensions
-
-
-
3 379
unemployment
-
-
-
28
income
-
-
-
2 214
health
-
-
-
1 820
total
-
-
-
7 441
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.

36 187
-
16 009
-
health
2 337
-
1 034
-
unemployment
51
-
22
-
pensions
5 609
-
2 482
-
income
6 240
-
1 998
-
total
14 237
-
5 536
-
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.

36 187
-
16 009
-
health
2 410
-
1 065
-
pensions
3 202
-
1 416
-
unemployment
22
-
9
-
total
5 634
-
2 490
-
Corporate
-
18 500
-
-
income
-
3 514
-
-
total
-
3 514
-
-
Dividends
-
14 986
-
-
withholding
-
2 247
-
-
total
-
2 247
-
-
Income
18 500
18 500
18 500
18 500
Total tax
19 871
5 761
8 026
7 441
After tax
-1 371
12 739
10 474
11 059
Living cost
21 950
21 950
21 950
21 950
Free-cash
-23 321
-9 211
-11 476
-10 891

Estimated living cost  is ₽21950 per week

₽15064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
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.
₽5055
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
-₽25244
-₽14725
-₽39654
-₽20123
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.

-
-
-
18 500
income
-
-
-
23 294
health

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

-
-
-
5 154
total
-
-
-
28 448
Employee
37 541
-
16 815
-
social contributions
3 761
-
1 685
-
income
4 073
-
149
-
total
7 834
-
1 834
-
Employer
37 541
-
16 815
-
social contributions
3 761
-
1 685
-
total
3 761
-
1 685
-
Corporate
-
18 500
-
-
income
-
6 474
-
-
total
-
6 474
-
-
Dividends
-
12 026
-
-
social contributions
2 443
2 443
-
-
total
2 443
2 443
-
-
Income
18 500
18 500
18 500
18 500
Total tax
14 038
8 917
3 519
28 448
After tax
4 462
9 583
14 981
-9 948
Living cost
29 706
29 706
29 706
29 706
Free-cash
-25 244
-20 123
-14 725
-39 654

Estimated living cost  is ₽29706 per week

₽19567
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
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.
₽7341
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
-₽11397
-₽7782
-₽5473
-₽6069
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
-
-
-
18 500
income
-
-
-
2 775
health
-
-
-
1 292
social contributions
-
-
-
2 553
total
-
-
-
6 620
Employee
27 747
-
18 500
-
health
1 937
-
1 292
-
income
4 628
-
5 084
-
social contributions
3 830
-
2 553
-
total
10 395
-
8 929
-
Employer
27 747
-
18 500
-
total
-
-
-
-
Corporate
-
18 500
-
-
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%.

-
926
-
-
total
-
926
-
-
Dividends
-
17 574
-
-
social contributions
1 427
2 426
-
-
withholding
-
2 637
-
-
health
722
1 227
-
-
total
2 149
6 290
-
-
Income
18 500
18 500
18 500
18 500
Total tax
12 544
7 216
8 929
6 620
After tax
5 956
11 284
9 571
11 880
Living cost
17 353
17 353
17 353
17 353
Free-cash
-11 397
-6 069
-7 782
-5 473

Estimated living cost  is ₽17353 per week

₽11613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
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.
₽4269
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
-₽26570
-₽13483
-₽13860
-₽10134
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
-
-
-
18 500
income
-
-
-
1 590
health
-
-
-
2 497
social contributions
-
-
-
5 402
solidarity contribution
-
-
-
-
total
-
-
-
9 489
Employee
33 634
-
13 806
-
health
4 541
-
1 864
-
solidarity contribution
-
-
-
-
income
4 036
-
1 657
-
social contributions
2 186
-
897
-
total
10 763
-
4 418
-
Employer
33 634
-
13 806
-
health
3 027
-
1 243
-
social contributions
8 409
-
3 451
-
total
11 436
-
4 694
-
Corporate
-
18 500
-
-
income
-
3 515
-
-
total
-
3 515
-
-
Dividends
-
14 985
-
-
withholding
-
2 248
-
-
total
-
2 248
-
-
Income
18 500
18 500
18 500
18 500
Total tax
22 199
5 763
9 112
9 489
After tax
-3 699
12 737
9 388
9 011
Living cost
22 871
22 871
22 871
22 871
Free-cash
-26 570
-10 134
-13 483
-13 860

Estimated living cost  is ₽22871 per week

₽17009
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
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.
₽4200
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
₽6303
₽5308
₽8823
₽8083
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%.

-
-
-
18 500
microenterprise

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

-
-
-
185
total
-
-
-
185
Employee
11 865
-
18 500
-
income
2 373
-
3 700
-
total
2 373
-
3 700
-
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%.

6 635
18 500
-
-
total
-
-
-
-
Dividends
6 635
18 500
-
-
withholding
332
925
-
-
total
332
925
-
-
Income
18 500
18 500
18 500
18 500
Total tax
2 705
925
3 700
185
After tax
15 795
17 575
14 800
18 315
Living cost
9 492
9 492
9 492
9 492
Free-cash
6 303
8 083
5 308
8 823

Estimated living cost  is ₽9492 per week

₽6423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽318
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.
₽2352
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
-₽48762
-₽27419
-₽28450
-₽30202
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
-
-
-
18 500
income
-
-
-
-
other
-
-
-
573
health
-
-
-
219
social contributions
-
-
-
528
pensions
-
-
-
6 105
surtax
-
-
-
-
total
-
-
-
7 425
Employee
51 254
-
14 096
-
pensions
5 797
-
1 593
-
income
4 472
-
-
-
social contributions
1 460
-
402
-
surtax
-
-
-
-
total
11 729
-
1 995
-
Employer
51 254
-
14 096
-
health
3 587
-
986
-
social contributions
154
-
42
-
pensions
8 422
-
2 314
-
unemployment
2 076
-
571
-
other
1 769
-
486
-
total
16 008
-
4 399
-
Corporate
-
18 500
-
-
income
-
5 181
-
-
surtax
-
-
-
-
total
-
5 181
-
-
Dividends
-
13 319
-
-
social contributions
-
2 291
-
-
surtax
-
-
-
-
withholding
-
1 705
-
-
total
-
3 996
-
-
Income
18 500
18 500
18 500
18 500
Total tax
27 737
9 177
6 394
7 425
After tax
-9 237
9 323
12 106
11 075
Living cost
39 525
39 525
39 525
39 525
Free-cash
-48 762
-30 202
-27 419
-28 450

Estimated living cost  is ₽39525 per week

₽26750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3233
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
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.
₽8999
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
-₽6573
-₽3350
-₽4146
-₽737
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.

-
-
-
18 500
pensions
-
-
-
4 810
unemployment
-
-
-
278
income
-
-
-
1 550
health
-
-
-
1 905
total
-
-
-
8 543
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.

21 267
-
15 691
-
health
1 095
-
808
-
unemployment
160
-
118
-
pensions
2 977
-
2 197
-
income
2 931
-
1 815
-
total
7 163
-
4 938
-
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.

21 267
-
15 691
-
health
1 095
-
808
-
pensions
2 552
-
1 883
-
unemployment
160
-
118
-
total
3 807
-
2 809
-
Corporate
-
18 500
-
-
income
-
2 775
-
-
total
-
2 775
-
-
Dividends
-
15 725
-
-
withholding
-
2 359
-
-
total
-
2 359
-
-
Income
18 500
18 500
18 500
18 500
Total tax
10 970
5 134
7 747
8 543
After tax
7 530
13 366
10 753
9 957
Living cost
14 103
14 103
14 103
14 103
Free-cash
-6 573
-737
-3 350
-4 146

Estimated living cost  is ₽14103 per week

₽9496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1091
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
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.
₽3108
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
-₽54353
-₽43051
-₽40918
-₽48379
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
-
-
-
18 500
pensions
-
-
-
1 701
city
-
-
-
193
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.

-
-
-
369
health
-
-
-
185
regional
-
-
-
130
national
-
-
-
-
total
-
-
-
2 578
Employee
66 517
-
15 929
-
health
150
-
36
-
unemployment
-
-
-
-
city
714
-
162
-
pensions
5 588
-
2 041
-
regional
2 178
-
77
-
national
315
-
-
-
total
8 945
-
2 316
-
Employer
66 517
-
15 929
-
health
150
-
36
-
pensions
5 588
-
2 041
-
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.

1 330
-
318
-
total
7 068
-
2 395
-
Corporate
-
18 500
-
-
regional
-
3 912
-
-
national
-
1 572
-
-
total
-
5 484
-
-
Dividends
-
13 015
-
-
withholding
-
4 555
-
-
total
-
4 555
-
-
Income
18 500
18 500
18 500
18 500
Total tax
16 013
10 039
4 711
2 578
After tax
2 487
8 461
13 789
15 922
Living cost
56 840
56 840
56 840
56 840
Free-cash
-54 353
-48 379
-43 051
-40 918

Estimated living cost  is ₽56840 per week

₽36962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽698
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.
₽14079
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
-₽32678
-₽19709
-₽16248
-₽18618
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

-
-
-
18 500
municipal
-
-
-
3 330
health
-
-
-
-
national
-
-
-
-
total
-
-
-
3 330
Employee
43 055
-
15 563
-
health
321
-
-
-
unemployment
646
-
233
-
pensions
2 906
-
1 050
-
national
711
-
-
-
municipal
7 052
-
2 570
-
total
11 636
-
3 853
-
Employer
43 055
-
15 563
-
health
331
-
120
-
pensions
7 470
-
2 701
-
accident
43
-
16
-
unemployment
280
-
101
-
total
8 124
-
2 938
-
Corporate
-
18 500
-
-
income
-
3 701
-
-
total
-
3 701
-
-
Dividends

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

-
11 099
-
-
municipal
-
1 999
-
-
national
-
-
-
-
total
-
1 999
-
-
Income
18 500
18 500
18 500
18 500
Total tax
19 760
5 700
6 791
3 330
After tax
-1 260
12 800
11 709
15 170
Living cost
31 418
31 418
31 418
31 418
Free-cash
-32 678
-18 618
-19 709
-16 248

Estimated living cost  is ₽31418 per week

₽20522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3022
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
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.
₽7375
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
-₽57075
-₽21243
-₽20050
-₽19234
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
-
-
-
18 500
communal

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

-
-
-
851
social contributions
-
-
-
4 314
national
-
-
-
3 547
total
-
-
-
8 712
Employee

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

58 536
-
14 329
-
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.

2 750
-
674
-
communal

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

3 053
-
747
-
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.

509
-
124
-
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.

4 390
-
1 075
-
national
17 996
-
3 114
-
total
28 698
-
5 734
-
Employer

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

58 536
-
14 329
-
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.

3 600
-
882
-
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.

5 187
-
1 269
-
surtax
6 637
-
1 624
-
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.

761
-
186
-
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.

854
-
210
-
total
17 039
-
4 171
-
Corporate
-
18 500
-
-
income
-
3 701
-
-
surtax
-
75
-
-
total
-
3 776
-
-
Dividends
-
14 725
-
-
withholding

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

-
4 120
-
-
total
-
4 120
-
-
Income
18 500
18 500
18 500
18 500
Total tax
45 737
7 896
9 905
8 712
After tax
-27 237
10 604
8 595
9 788
Living cost
29 838
29 838
29 838
29 838
Free-cash
-57 075
-19 234
-21 243
-20 050

Estimated living cost  is ₽29838 per week

₽19219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2609
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.
₽7543
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
-₽47796
-₽25525
-₽26181
-₽25302
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
-
-
-
18 500
unemployment
-
-
-
19
municipal
-
-
-
3 918
other
-
-
-
2 150
health
-
-
-
1 154
national
-
-
-
-
accident
-
-
-
37
pensions
-
-
-
2 000
total
-
-
-
9 278
Employee
50 445
-
14 077
-
national
-
-
-
-
municipal
15 043
-
4 198
-
total
15 043
-
4 198
-
Employer
50 445
-
14 077
-
health
3 102
-
866
-
pensions
5 453
-
1 522
-
accident
101
-
28
-
unemployment
1 332
-
372
-
other
5 862
-
1 636
-
total
15 850
-
4 424
-
Corporate
-
18 500
-
-
income
-
4 070
-
-
total
-
4 070
-
-
Dividends
-
14 430
-
-
withholding
-
4 329
-
-
total
-
4 329
-
-
Income
18 500
18 500
18 500
18 500
Total tax
30 893
8 399
8 622
9 278
After tax
-12 393
10 101
9 878
9 222
Living cost
35 403
35 403
35 403
35 403
Free-cash
-47 796
-25 302
-25 525
-26 181

Estimated living cost  is ₽35403 per week

₽23463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3474
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
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.
₽7928
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
-₽116569
-₽33952
-₽26302
-₽27832
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
-
-
-
18 500
income
-
-
-
3 606
social contributions
-
-
-
2 109
total
-
-
-
5 715
Employee
56 045
-
7 238
-
income
12 362
-
1 448
-
social contributions
4 596
-
655
-
total
16 958
-
2 103
-
Employer
56 045
-
7 238
-
social contributions
79 024
-
11 262
-
total
79 024
-
11 262
-
Corporate
-
18 500
-
-
income
-
4 070
-
-
total
-
4 070
-
-
Dividends
-
14 430
-
-
income
-
3 175
-
-
total
-
3 175
-
-
Income
18 500
18 500
18 500
18 500
Total tax
95 982
7 245
13 365
5 715
After tax
-77 482
11 255
5 135
12 785
Living cost
39 087
39 087
39 087
39 087
Free-cash
-116 569
-27 832
-33 952
-26 302

Estimated living cost  is ₽39087 per week

₽25361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
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.
₽9551
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
-₽22075
-₽19393
-₽13690
-₽26549
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
-
-
-
31 109
income
-
-
-
-
health
-
-
-
794
social contributions
-
-
-
4 853
total
-
-
-
5 647
Employee
62 926
62 926
62 926
-
health
626
1 070
360
-
income
6 608
5 825
7 075
-
social contributions
3 058
5 223
1 761
-
total
10 292
12 118
9 196
-
Employer
62 926
62 926
62 926
-
health
682
1 165
393
-
social contributions
3 058
5 223
1 761
-
total
3 740
6 388
2 154
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
18 500
18 500
18 500
18 500
Total tax
14 032
18 506
11 350
5 647
After tax
4 468
-6
7 150
12 853
Living cost
26 543
26 543
26 543
26 543
Free-cash
-22 075
-26 549
-19 393
-13 690

Estimated living cost  is ₽26543 per week

₽18145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2073
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.
₽5879
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
-₽26312
-₽15637
-₽14631
-₽15286
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
-
-
-
18 500
income
-
-
-
3 629
pensions
-
-
-
354
total
-
-
-
3 983
Employee
40 009
-
17 268
-
health
522
-
55
-
pensions
3 054
-
325
-
income
7 286
-
3 377
-
total
10 862
-
3 757
-
Employer
40 009
-
17 268
-
health
760
-
328
-
pensions
4 042
-
904
-
total
4 802
-
1 232
-
Corporate
-
18 500
-
-
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.

-
3 515
-
-
total
-
3 515
-
-
Dividends
-
14 985
-
-
withholding
-
1 123
-
-
total
-
1 123
-
-
Income
18 500
18 500
18 500
18 500
Total tax
15 664
4 638
4 989
3 983
After tax
2 836
13 862
13 511
14 517
Living cost
29 148
29 148
29 148
29 148
Free-cash
-26 312
-15 286
-15 637
-14 631

Estimated living cost  is ₽29148 per week

₽19995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽365
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.
₽6106
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
-₽50459
-₽25026
-₽23559
-₽22856
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
-
-
-
18 500
municipal
-
-
-
109
regional
-
-
-
210
social contributions
-
-
-
6 342
national
-
-
-
2 797
total
-
-
-
9 458
Employee
68 958
-
18 500
-
social contributions
23 252
-
8 315
-
regional
1 041
-
175
-
national
11 653
-
2 343
-
municipal
412
-
92
-
total
36 358
-
10 925
-
Employer
68 958
-
18 500
-
total
-
-
-
-
Corporate
-
18 500
-
-
nationa
-
4 440
-
-
municipal
-
891
-
-
total
-
5 331
-
-
Dividends
-
13 169
-
-
withholding
-
3 424
-
-
total
-
3 424
-
-
Income
18 500
18 500
18 500
18 500
Total tax
36 358
8 755
10 925
9 458
After tax
-17 858
9 745
7 575
9 042
Living cost
32 601
32 601
32 601
32 601
Free-cash
-50 459
-22 856
-25 026
-23 559

Estimated living cost  is ₽32601 per week

₽22900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
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.
₽6965
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
-₽14310
-₽7557
-₽6622
-₽15828
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
-
-
-
18 500
pensions
-
-
-
3 277
income
-
-
-
2 310
other
-
-
-
292
health
-
-
-
1 718
accident
-
-
-
199
total
-
-
-
7 796
Employee
27 254
-
15 368
-
health
3 121
-
1 760
-
pensions
3 069
-
1 730
-
income
3 739
-
2 108
-
total
9 929
-
5 598
-
Employer
27 254
-
15 368
-
pensions
4 432
-
2 499
-
accident
455
-
257
-
unemployment
668
-
377
-
total
5 555
-
3 133
-
Corporate
-
18 500
-
-
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.

-
16 650
-
-
total
-
16 650
-
-
Dividends
-
1 850
-
-
withholding
-
352
-
-
total
-
352
-
-
Income
18 500
18 500
18 500
18 500
Total tax
15 484
17 002
8 731
7 796
After tax
3 016
1 498
9 769
10 704
Living cost
17 326
17 326
17 326
17 326
Free-cash
-14 310
-15 828
-7 557
-6 622

Estimated living cost  is ₽17326 per week

₽12698
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽362
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.
₽3306
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
-₽22218
-₽18685
-₽18685
-₽21865
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.

-
-
-
18 500
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.

-
-
-
5 591
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
-
-
-
5 591
Employee

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

40 717
-
18 500
-
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.

5 591
-
5 591
-
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.

3 348
-
-
-
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.

185
-
-
-
total
9 124
-
5 591
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
18 500
-
-
income
-
2 775
-
-
trade
-
2 654
-
-
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.

-
152
-
-
chamber of commerce
-
151
-
-
total
-
5 732
-
-
Dividends
-
12 768
-
-
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.

-
158
-
-
withholding
-
2 881
-
-
total
-
3 039
-
-
Income
18 500
18 500
18 500
18 500
Total tax
9 124
8 771
5 591
5 591
After tax
9 376
9 729
12 909
12 909
Living cost
31 594
31 594
31 594
31 594
Free-cash
-22 218
-21 865
-18 685
-18 685

Estimated living cost  is ₽31594 per week

₽21794
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
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.
₽5942
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
-₽11173
-₽6411
-₽3876
-₽2226
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.

-
-
-
18 500
income
-
-
-
-
microenterprise
-
-
-
2 775
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.

-
-
-
2 576
surtax
-
-
-
-
total
-
-
-
5 351
Employee
23 912
-
14 908
-
income
4 257
-
2 654
-
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.

2 631
-
1 640
-
surtax
-
-
-
-
total
6 888
-
4 294
-
Employer
23 912
-
14 908
-
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.

5 760
-
3 592
-
surtax
-
-
-
-
total
5 760
-
3 592
-
Corporate
-
18 500
-
-
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%.

-
3 701
-
-
total
-
3 701
-
-
Dividends

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

-
14 799
-
-
total
-
-
-
-
Income
18 500
18 500
18 500
18 500
Total tax
12 648
3 701
7 886
5 351
After tax
5 852
14 799
10 614
13 149
Living cost
17 025
17 025
17 025
17 025
Free-cash
-11 173
-2 226
-6 411
-3 876

Estimated living cost  is ₽17025 per week

₽10861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
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.
₽4156
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
-₽162
-₽82
-₽608
₽1542
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
-
-
-
18 500
income
-
-
-
2 723
health
-
-
-
2 683
pensions
-
-
-
3 700
total
-
-
-
9 106
Employee
15 234
-
15 102
-
health
762
-
755
-
unemployment
152
-
151
-
pensions
1 371
-
1 359
-
income
2 947
-
2 917
-
total
5 232
-
5 182
-
Employer
15 234
-
15 102
-
health
1 447
-
1 435
-
pensions
1 676
-
1 661
-
unemployment
305
-
302
-
total
3 428
-
3 398
-
Corporate
-
18 500
-
-
income
-
4 070
-
-
total
-
4 070
-
-
Dividends
-
14 430
-
-
withholding
-
2 886
-
-
total
-
2 886
-
-
Income
18 500
18 500
18 500
18 500
Total tax
8 660
6 956
8 580
9 106
After tax
9 840
11 544
9 920
9 394
Living cost
10 002
10 002
10 002
10 002
Free-cash
-162
1 542
-82
-608

Estimated living cost  is ₽10002 per week

₽5944
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽229
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.
₽3018
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
-₽14860
-₽8134
-₽7740
-₽6743
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
-
-
-
18 500
pensions
-
-
-
3 701
unemployment
-
-
-
186
income
-
-
-
2 660
other
-
-
-
-
health
-
-
-
1 312
surtax
-
-
-
-
total
-
-
-
7 859
Employee
27 559
-
15 282
-
health
703
-
390
-
unemployment
1 918
-
1 064
-
pensions
1 839
-
1 019
-
income
4 620
-
2 562
-
other
-
-
-
-
surtax
98
-
-
-
total
9 178
-
5 035
-
Employer
27 559
-
15 282
-
health
1 253
-
696
-
pensions
3 674
-
2 037
-
unemployment
874
-
485
-
other
-
-
-
-
total
5 801
-
3 218
-
Corporate
-
18 500
-
-
income
-
4 809
-
-
total
-
4 809
-
-
Dividends
-
13 691
-
-
withholding
-
2 053
-
-
total
-
2 053
-
-
Income
18 500
18 500
18 500
18 500
Total tax
14 979
6 862
8 253
7 859
After tax
3 521
11 638
10 247
10 641
Living cost
18 381
18 381
18 381
18 381
Free-cash
-14 860
-6 743
-8 134
-7 740

Estimated living cost  is ₽18381 per week

₽11097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
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.
₽5260
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
-₽28343
-₽21290
-₽17540
-₽26081
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
-
-
-
18 500
pensions
-
-
-
3 423
chamber of commerce
-
-
-
75
unemployment