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
₽ 20500
per

Your estimated
City
free-cash

Valencia , Spain
-₽18972
-₽14025
-₽10635
-₽8309
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
-
-
-
20 500
unemployment
-
-
-
143
income
-
-
-
2 727
other
-
-
-
20
accident
-
-
-
184
pensions
-
-
-
5 802
total
-
-
-
8 876
Employee
29 931
-
11 882
-
unemployment
464
-
419
-
pensions
1 407
-
1 270
-
income
5 770
-
1 931
-
other
29
-
28
-
total
7 670
-
3 648
-
Employer
29 931
-
11 882
-
pensions
7 063
-
6 379
-
accident
593
-
535
-
unemployment
1 647
-
1 487
-
other
240
-
217
-
total
9 543
-
8 618
-
Corporate
-
20 500
-
-
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.

-
3 075
-
-
total
-
3 075
-
-
Dividends
-
17 425
-
-
withholding
-
3 475
-
-
total
-
3 475
-
-
Income
20 500
20 500
20 500
20 500
Total tax
17 213
6 550
12 266
8 876
After tax
3 287
13 950
8 234
11 624
Living cost
22 259
22 259
22 259
22 259
Free-cash
-18 972
-8 309
-14 025
-10 635

Estimated living cost  is ₽22259 per week

₽15025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2140
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
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.
₽4705
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
-₽16298
-₽9553
-₽10469
-₽6509
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
-
-
-
20 500
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.

-
-
-
4 920
income
-
-
-
2 604
other
-
-
-
974
health
-
-
-
902
total
-
-
-
9 400
Employee
29 391
-
16 374
-
health
412
-
229
-
unemployment
293
-
164
-
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.

2 057
-
1 146
-
income
5 060
-
2 819
-
total
7 822
-
4 358
-
Employer
29 391
-
16 374
-
health
412
-
229
-
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.

4 997
-
2 783
-
accident
235
-
131
-
unemployment
293
-
164
-
other
1 470
-
819
-
total
7 407
-
4 126
-
Corporate
-
20 500
-
-
income
-
4 306
-
-
total
-
4 306
-
-
Dividends
-
16 194
-
-
withholding
-
1 134
-
-
total
-
1 134
-
-
Income
20 500
20 500
20 500
20 500
Total tax
15 229
5 440
8 484
9 400
After tax
5 271
15 060
12 016
11 100
Living cost
21 569
21 569
21 569
21 569
Free-cash
-16 298
-6 509
-9 553
-10 469

Estimated living cost  is ₽21569 per week

₽15240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1456
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
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.
₽4525
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
₽3138
₽2316
₽1326
₽6903
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
-
-
-
20 500
pensions

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

-
-
-
3 034
unemployment
-
-
-
82
income
-
-
-
3 075
health
-
-
-
2 358
total
-
-
-
8 549
Employee
14 069
-
17 137
-
health
647
-
788
-
accident

We are using the highest rate at 1.1%.

155
-
189
-
pensions

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

1 235
-
1 505
-
income
1 407
-
1 713
-
total
3 444
-
4 195
-
Employer
14 069
-
17 137
-
health
971
-
1 183
-
pensions

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

1 551
-
1 889
-
accident

We are using the highest rate at 1.1%.

155
-
189
-
unemployment
84
-
103
-
total
2 761
-
3 364
-
Corporate
3 670
20 500
-
-
income
367
2 050
-
-
total
367
2 050
-
-
Dividends
3 303
18 450
-
-
withholding
165
922
-
-
total
165
922
-
-
Income
20 500
20 500
20 500
20 500
Total tax
6 737
2 972
7 559
8 549
After tax
13 763
17 528
12 941
11 951
Living cost
10 625
10 625
10 625
10 625
Free-cash
3 138
6 903
2 316
1 326

Estimated living cost  is ₽10625 per week

₽6203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽281
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.
₽3382
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
-₽24963
-₽14286
-₽15243
-₽17363
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
-
-
-
20 500
income
-
-
-
-
other
-
-
-
636
health
-
-
-
217
social contributions
-
-
-
585
pensions
-
-
-
6 610
surtax
-
-
-
-
total
-
-
-
8 048
Employee
34 644
-
15 621
-
pensions
3 917
-
1 767
-
income
2 045
-
-
-
social contributions
988
-
445
-
surtax
-
-
-
-
total
6 950
-
2 212
-
Employer
34 644
-
15 621
-
health
2 426
-
1 094
-
social contributions
104
-
48
-
pensions
5 691
-
2 565
-
unemployment
1 402
-
633
-
other
1 195
-
539
-
total
10 818
-
4 879
-
Corporate
-
20 500
-
-
income
-
5 740
-
-
surtax
-
-
-
-
total
-
5 740
-
-
Dividends
-
14 760
-
-
social contributions
-
2 539
-
-
surtax
-
-
-
-
withholding
-
1 889
-
-
total
-
4 428
-
-
Income
20 500
20 500
20 500
20 500
Total tax
17 768
10 168
7 091
8 048
After tax
2 732
10 332
13 409
12 452
Living cost
27 695
27 695
27 695
27 695
Free-cash
-24 963
-17 363
-14 286
-15 243

Estimated living cost  is ₽27695 per week

₽17463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2252
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
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.
₽7510
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
-₽59883
-₽59883
-₽22092
-₽55339
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
-
-
-
20 500
pensions
-
-
-
3 690
income
-
-
-
1 845
health
-
-
-
3 147
total
-
-
-
8 682
Employee
69 125
69 125
69 125
-
health
10 610
9 025
10 610
-
pensions
12 443
9 484
12 443
-
income

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

11 315
11 315
11 315
-
total
34 368
29 824
34 368
-
Employer
69 125
69 125
69 125
-
health
4 805
4 805
4 805
-
pensions
4 811
4 811
4 811
-
unemployment
2 489
2 489
2 489
-
total
12 105
12 105
12 105
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
20 500
20 500
20 500
20 500
Total tax
46 473
41 929
46 473
8 682
After tax
-25 973
-21 429
-25 973
11 818
Living cost
33 910
33 910
33 910
33 910
Free-cash
-59 883
-55 339
-59 883
-22 092

Estimated living cost  is ₽33910 per week

₽24031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
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.
₽6283
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
-₽10461
-₽9685
-₽9685
-₽13978
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.

-
-
-
20 500
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.

-
-
-
129
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.

-
-
-
5 530
surtax

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

-
-
-
8
total
-
-
-
5 667
Employee

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

30 961
-
20 500
-
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.

5 530
-
5 530
-
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.

865
-
129
-
surtax

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

48
-
8
-
total
6 443
-
5 667
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
20 500
-
-
income
-
3 075
-
-
trade
-
3 229
-
-
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.

-
169
-
-
chamber of commerce
-
152
-
-
total
-
6 625
-
-
Dividends
-
13 875
-
-
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.

-
174
-
-
withholding
-
3 161
-
-
total
-
3 335
-
-
Income
20 500
20 500
20 500
20 500
Total tax
6 443
9 960
5 667
5 667
After tax
14 057
10 540
14 833
14 833
Living cost
24 518
24 518
24 518
24 518
Free-cash
-10 461
-13 978
-9 685
-9 685

Estimated living cost  is ₽24518 per week

₽15423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2859
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.
₽5779
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
-₽10730
-₽9469
-₽3826
-₽16545
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
30 772
income
-
-
-
-
health
-
-
-
785
social contributions
-
-
-
4 800
total
-
-
-
5 585
Employee
62 244
62 244
62 244
-
health
482
1 058
356
-
income
6 777
5 762
6 999
-
social contributions
2 353
5 166
1 742
-
total
9 612
11 986
9 097
-
Employer
62 244
62 244
62 244
-
health
524
1 152
389
-
social contributions
2 353
5 166
1 742
-
total
2 877
6 318
2 131
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
20 500
20 500
20 500
20 500
Total tax
12 489
18 304
11 228
5 585
After tax
8 011
2 196
9 272
14 915
Living cost
18 741
18 741
18 741
18 741
Free-cash
-10 730
-16 545
-9 469
-3 826

Estimated living cost  is ₽18741 per week

₽11232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1839
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
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.
₽5257
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
-₽25571
-₽13112
-₽13211
-₽13731
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.

-
-
-
20 500
income
-
-
-
1 197
social contributions

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

-
-
-
7 124
surtax
-
-
-
-
total
-
-
-
8 321
Employee
37 229
-
16 566
-
income
7 744
-
2 466
-
social contributions
4 095
-
1 822
-
surtax
-
-
-
-
total
11 839
-
4 288
-
Employer
37 229
-
16 566
-
social contributions
8 842
-
3 934
-
total
8 842
-
3 934
-
Corporate
-
20 500
-
-
income
-
4 306
-
-
surtax
-
-
-
-
total
-
4 306
-
-
Dividends
-
16 194
-
-
withholding
-
4 535
-
-
total
-
4 535
-
-
Income
20 500
20 500
20 500
20 500
Total tax
20 681
8 841
8 222
8 321
After tax
-181
11 659
12 278
12 179
Living cost
25 390
25 390
25 390
25 390
Free-cash
-25 571
-13 731
-13 112
-13 211

Estimated living cost  is ₽25390 per week

₽18997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
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.
₽4472
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
₽12294
₽10353
₽14248
₽13428
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%.

-
-
-
20 500
microenterprise

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

-
-
-
205
total
-
-
-
205
Employee
7 559
-
20 500
-
income
1 512
-
4 100
-
total
1 512
-
4 100
-
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%.

12 941
20 500
-
-
total
-
-
-
-
Dividends
12 941
20 500
-
-
withholding
647
1 025
-
-
total
647
1 025
-
-
Income
20 500
20 500
20 500
20 500
Total tax
2 159
1 025
4 100
205
After tax
18 341
19 475
16 400
20 295
Living cost
6 047
6 047
6 047
6 047
Free-cash
12 294
13 428
10 353
14 248

Estimated living cost  is ₽6047 per week

₽3748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽166
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.
₽1631
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
-₽20869
-₽10270
-₽9621
-₽7598
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.

-
-
-
20 500
pensions
-
-
-
3 744
unemployment
-
-
-
31
income
-
-
-
2 617
health
-
-
-
2 017
total
-
-
-
8 409
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.

35 795
-
17 737
-
health
2 312
-
1 146
-
unemployment
51
-
25
-
pensions
5 548
-
2 750
-
income
6 173
-
2 375
-
total
14 084
-
6 296
-
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.

35 795
-
17 737
-
health
2 384
-
1 181
-
pensions
3 167
-
1 570
-
unemployment
22
-
11
-
total
5 573
-
2 762
-
Corporate
-
20 500
-
-
income
-
3 896
-
-
total
-
3 896
-
-
Dividends
-
16 604
-
-
withholding
-
2 490
-
-
total
-
2 490
-
-
Income
20 500
20 500
20 500
20 500
Total tax
19 657
6 386
9 058
8 409
After tax
843
14 114
11 442
12 091
Living cost
21 712
21 712
21 712
21 712
Free-cash
-20 869
-7 598
-10 270
-9 621

Estimated living cost  is ₽21712 per week

₽14900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
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.
₽5000
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
-₽22769
-₽13034
-₽37050
-₽18475
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.

-
-
-
20 500
income
-
-
-
23 042
health

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

-
-
-
5 124
total
-
-
-
28 166
Employee
37 134
-
18 634
-
social contributions
3 720
-
1 866
-
income
4 029
-
418
-
total
7 749
-
2 284
-
Employer
37 134
-
18 634
-
social contributions
3 720
-
1 866
-
total
3 720
-
1 866
-
Corporate
-
20 500
-
-
income
-
7 175
-
-
total
-
7 175
-
-
Dividends
-
13 325
-
-
social contributions
2 416
2 416
-
-
total
2 416
2 416
-
-
Income
20 500
20 500
20 500
20 500
Total tax
13 885
9 591
4 150
28 166
After tax
6 615
10 909
16 350
-7 666
Living cost
29 384
29 384
29 384
29 384
Free-cash
-22 769
-18 475
-13 034
-37 050

Estimated living cost  is ₽29384 per week

₽19355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
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.
₽7261
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
-₽9072
-₽6900
-₽4001
-₽4658
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
-
-
-
20 500
income
-
-
-
3 075
health
-
-
-
1 432
social contributions
-
-
-
2 830
total
-
-
-
7 337
Employee
27 446
-
20 500
-
health
1 916
-
1 432
-
income
4 578
-
5 974
-
social contributions
3 788
-
2 830
-
total
10 282
-
10 236
-
Employer
27 446
-
20 500
-
total
-
-
-
-
Corporate
-
20 500
-
-
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%.

-
1 025
-
-
total
-
1 025
-
-
Dividends
-
19 475
-
-
social contributions
1 412
2 688
-
-
withholding
-
2 922
-
-
health
714
1 359
-
-
total
2 126
6 969
-
-
Income
20 500
20 500
20 500
20 500
Total tax
12 408
7 994
10 236
7 337
After tax
8 092
12 506
10 264
13 163
Living cost
17 164
17 164
17 164
17 164
Free-cash
-9 072
-4 658
-6 900
-4 001

Estimated living cost  is ₽17164 per week

₽11487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1058
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
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.
₽4223
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
-₽24069
-₽12215
-₽12633
-₽8504
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
-
-
-
20 500
income
-
-
-
1 762
health
-
-
-
2 767
social contributions
-
-
-
5 986
solidarity contribution
-
-
-
-
total
-
-
-
10 515
Employee
33 261
-
15 298
-
health
4 490
-
2 065
-
solidarity contribution
-
-
-
-
income
3 991
-
1 836
-
social contributions
2 162
-
994
-
total
10 643
-
4 895
-
Employer
33 261
-
15 298
-
health
2 993
-
1 377
-
social contributions
8 315
-
3 825
-
total
11 308
-
5 202
-
Corporate
-
20 500
-
-
income
-
3 895
-
-
total
-
3 895
-
-
Dividends
-
16 605
-
-
withholding
-
2 491
-
-
total
-
2 491
-
-
Income
20 500
20 500
20 500
20 500
Total tax
21 951
6 386
10 097
10 515
After tax
-1 451
14 114
10 403
9 985
Living cost
22 618
22 618
22 618
22 618
Free-cash
-24 069
-8 504
-12 215
-12 633

Estimated living cost  is ₽22618 per week

₽16820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
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.
₽4153
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
₽8285
₽6977
₽10872
₽10052
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%.

-
-
-
20 500
microenterprise

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

-
-
-
205
total
-
-
-
205
Employee
11 779
-
20 500
-
income
2 356
-
4 100
-
total
2 356
-
4 100
-
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%.

8 721
20 500
-
-
total
-
-
-
-
Dividends
8 721
20 500
-
-
withholding
436
1 025
-
-
total
436
1 025
-
-
Income
20 500
20 500
20 500
20 500
Total tax
2 792
1 025
4 100
205
After tax
17 708
19 475
16 400
20 295
Living cost
9 423
9 423
9 423
9 423
Free-cash
8 285
10 052
6 977
10 872

Estimated living cost  is ₽9423 per week

₽6377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽316
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.
₽2335
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
-₽46032
-₽25687
-₽26644
-₽28764
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
-
-
-
20 500
income
-
-
-
-
other
-
-
-
636
health
-
-
-
217
social contributions
-
-
-
585
pensions
-
-
-
6 610
surtax
-
-
-
-
total
-
-
-
8 048
Employee
50 698
-
15 621
-
pensions
5 734
-
1 767
-
income
4 424
-
-
-
social contributions
1 444
-
445
-
surtax
-
-
-
-
total
11 602
-
2 212
-
Employer
50 698
-
15 621
-
health
3 548
-
1 094
-
social contributions
152
-
48
-
pensions
8 330
-
2 565
-
unemployment
2 054
-
633
-
other
1 750
-
539
-
total
15 834
-
4 879
-
Corporate
-
20 500
-
-
income
-
5 740
-
-
surtax
-
-
-
-
total
-
5 740
-
-
Dividends
-
14 760
-
-
social contributions
-
2 539
-
-
surtax
-
-
-
-
withholding
-
1 889
-
-
total
-
4 428
-
-
Income
20 500
20 500
20 500
20 500
Total tax
27 436
10 168
7 091
8 048
After tax
-6 936
10 332
13 409
12 452
Living cost
39 096
39 096
39 096
39 096
Free-cash
-46 032
-28 764
-25 687
-26 644

Estimated living cost  is ₽39096 per week

₽26460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3198
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
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.
₽8902
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
-₽4297
-₽2188
-₽3073
₽863
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.

-
-
-
20 500
pensions
-
-
-
5 330
unemployment
-
-
-
308
income
-
-
-
1 875
health
-
-
-
2 112
total
-
-
-
9 625
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.

21 032
-
17 388
-
health
1 083
-
895
-
unemployment
158
-
130
-
pensions
2 944
-
2 434
-
income
2 899
-
2 169
-
total
7 084
-
5 628
-
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.

21 032
-
17 388
-
health
1 083
-
895
-
pensions
2 524
-
2 087
-
unemployment
158
-
130
-
total
3 765
-
3 112
-
Corporate
-
20 500
-
-
income
-
3 075
-
-
total
-
3 075
-
-
Dividends
-
17 425
-
-
withholding
-
2 614
-
-
total
-
2 614
-
-
Income
20 500
20 500
20 500
20 500
Total tax
10 849
5 689
8 740
9 625
After tax
9 651
14 811
11 760
10 875
Living cost
13 948
13 948
13 948
13 948
Free-cash
-4 297
863
-2 188
-3 073

Estimated living cost  is ₽13948 per week

₽9391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1079
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3074
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
-₽51724
-₽40829
-₽38725
-₽46975
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
-
-
-
20 500
pensions
-
-
-
1 886
city
-
-
-
214
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.

-
-
-
410
health
-
-
-
184
regional
-
-
-
182
national
-
-
-
-
total
-
-
-
2 876
Employee
65 943
-
17 786
-
health
149
-
41
-
unemployment
-
-
-
-
city
708
-
184
-
pensions
5 540
-
2 122
-
regional
2 159
-
114
-
national
312
-
-
-
total
8 868
-
2 461
-
Employer
65 943
-
17 786
-
health
149
-
41
-
pensions
5 540
-
2 122
-
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.

1 318
-
356
-
total
7 007
-
2 519
-
Corporate
-
20 500
-
-
regional
-
4 336
-
-
national
-
1 742
-
-
total
-
6 078
-
-
Dividends
-
14 422
-
-
withholding
-
5 048
-
-
total
-
5 048
-
-
Income
20 500
20 500
20 500
20 500
Total tax
15 875
11 126
4 980
2 876
After tax
4 625
9 374
15 520
17 624
Living cost
56 349
56 349
56 349
56 349
Free-cash
-51 724
-46 975
-40 829
-38 725

Estimated living cost  is ₽56349 per week

₽36643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
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.
₽13957
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
-₽30124
-₽18101
-₽14268
-₽16892
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

-
-
-
20 500
municipal
-
-
-
3 690
health
-
-
-
-
national
-
-
-
-
total
-
-
-
3 690
Employee
42 588
-
17 247
-
health
318
-
-
-
unemployment
639
-
258
-
pensions
2 874
-
1 164
-
national
704
-
-
-
municipal
6 975
-
2 848
-
total
11 510
-
4 270
-
Employer
42 588
-
17 247
-
health
327
-
132
-
pensions
7 389
-
2 992
-
accident
43
-
17
-
unemployment
277
-
112
-
total
8 036
-
3 253
-
Corporate
-
20 500
-
-
income
-
4 100
-
-
total
-
4 100
-
-
Dividends

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

-
12 300
-
-
municipal
-
2 214
-
-
national
-
-
-
-
total
-
2 214
-
-
Income
20 500
20 500
20 500
20 500
Total tax
19 546
6 314
7 523
3 690
After tax
954
14 186
12 977
16 810
Living cost
31 078
31 078
31 078
31 078
Free-cash
-30 124
-16 892
-18 101
-14 268

Estimated living cost  is ₽31078 per week

₽20300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
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.
₽7295
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
-₽54257
-₽19989
-₽18313
-₽17796
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
-
-
-
20 500
communal

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

-
-
-
974
social contributions
-
-
-
4 267
national
-
-
-
4 058
total
-
-
-
9 299
Employee

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

57 902
-
15 878
-
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.

2 720
-
747
-
communal

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

3 020
-
828
-
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.

504
-
138
-
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.

4 343
-
1 190
-
national
17 801
-
3 450
-
total
28 388
-
6 353
-
Employer

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

57 902
-
15 878
-
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.

3 561
-
977
-
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.

5 131
-
1 407
-
surtax
6 565
-
1 800
-
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.

753
-
206
-
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.

845
-
232
-
total
16 855
-
4 622
-
Corporate
-
20 500
-
-
income
-
4 100
-
-
surtax
-
81
-
-
total
-
4 181
-
-
Dividends
-
16 319
-
-
withholding

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

-
4 601
-
-
total
-
4 601
-
-
Income
20 500
20 500
20 500
20 500
Total tax
45 243
8 782
10 975
9 299
After tax
-24 743
11 718
9 525
11 201
Living cost
29 514
29 514
29 514
29 514
Free-cash
-54 257
-17 796
-19 989
-18 313

Estimated living cost  is ₽29514 per week

₽19011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
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.
₽7461
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
-₽44868
-₽23960
-₽24687
-₽23714
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
-
-
-
20 500
unemployment
-
-
-
20
municipal
-
-
-
4 342
other
-
-
-
2 382
health
-
-
-
1 279
national
-
-
-
-
accident
-
-
-
41
pensions
-
-
-
2 216
total
-
-
-
10 280
Employee
49 740
-
15 599
-
national
-
-
-
-
municipal
14 832
-
4 652
-
total
14 832
-
4 652
-
Employer
49 740
-
15 599
-
health
3 059
-
959
-
pensions
5 377
-
1 686
-
accident
100
-
31
-
unemployment
1 313
-
412
-
other
5 780
-
1 813
-
total
15 629
-
4 901
-
Corporate
-
20 500
-
-
income
-
4 510
-
-
total
-
4 510
-
-
Dividends
-
15 990
-
-
withholding
-
4 797
-
-
total
-
4 797
-
-
Income
20 500
20 500
20 500
20 500
Total tax
30 461
9 307
9 553
10 280
After tax
-9 961
11 193
10 947
10 220
Living cost
34 908
34 908
34 908
34 908
Free-cash
-44 868
-23 714
-23 960
-24 687

Estimated living cost  is ₽34908 per week

₽23135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
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.
₽7817
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
-₽112087
-₽31006
-₽24202
-₽25897
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
-
-
-
20 500
income
-
-
-
3 996
social contributions
-
-
-
2 337
total
-
-
-
6 333
Employee
55 015
-
7 183
-
income
12 135
-
1 439
-
social contributions
4 511
-
643
-
total
16 646
-
2 082
-
Employer
55 015
-
7 183
-
social contributions
77 572
-
11 055
-
total
77 572
-
11 055
-
Corporate
-
20 500
-
-
income
-
4 510
-
-
total
-
4 510
-
-
Dividends
-
15 990
-
-
income
-
3 518
-
-
total
-
3 518
-
-
Income
20 500
20 500
20 500
20 500
Total tax
94 218
8 028
13 137
6 333
After tax
-73 718
12 472
7 363
14 167
Living cost
38 369
38 369
38 369
38 369
Free-cash
-112 087
-25 897
-31 006
-24 202

Estimated living cost  is ₽38369 per week

₽24895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
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.
₽9376
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
-₽19634
-₽16983
-₽11340
-₽24059
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
30 772
income
-
-
-
-
health
-
-
-
785
social contributions
-
-
-
4 800
total
-
-
-
5 585
Employee
62 244
62 244
62 244
-
health
619
1 058
356
-
income
6 536
5 762
6 999
-
social contributions
3 025
5 166
1 742
-
total
10 180
11 986
9 097
-
Employer
62 244
62 244
62 244
-
health
674
1 152
389
-
social contributions
3 025
5 166
1 742
-
total
3 699
6 318
2 131
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
20 500
20 500
20 500
20 500
Total tax
13 879
18 304
11 228
5 585
After tax
6 621
2 196
9 272
14 915
Living cost
26 255
26 255
26 255
26 255
Free-cash
-19 634
-24 059
-16 983
-11 340

Estimated living cost  is ₽26255 per week

₽17948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
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.
₽5816
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
-₽23984
-₽14253
-₽12970
-₽13573
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
-
-
-
20 500
income
-
-
-
3 992
pensions
-
-
-
544
total
-
-
-
4 536
Employee
39 716
-
18 989
-
health
518
-
93
-
pensions
3 031
-
544
-
income
7 233
-
3 671
-
total
10 782
-
4 308
-
Employer
39 716
-
18 989
-
health
755
-
360
-
pensions
4 013
-
1 151
-
total
4 768
-
1 511
-
Corporate
-
20 500
-
-
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.

-
3 894
-
-
total
-
3 894
-
-
Dividends
-
16 606
-
-
withholding
-
1 245
-
-
total
-
1 245
-
-
Income
20 500
20 500
20 500
20 500
Total tax
15 550
5 139
5 819
4 536
After tax
4 950
15 361
14 681
15 964
Living cost
28 934
28 934
28 934
28 934
Free-cash
-23 984
-13 573
-14 253
-12 970

Estimated living cost  is ₽28934 per week

₽19849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2661
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.
₽6061
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
-₽47711
-₽23117
-₽21665
-₽21449
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
-
-
-
20 500
municipal
-
-
-
127
regional
-
-
-
246
social contributions
-
-
-
6 273
national
-
-
-
3 272
total
-
-
-
9 918
Employee
68 211
-
20 500
-
social contributions
23 000
-
8 224
-
regional
1 030
-
212
-
national
11 527
-
2 823
-
municipal
407
-
111
-
total
35 964
-
11 370
-
Employer
68 211
-
20 500
-
total
-
-
-
-
Corporate
-
20 500
-
-
nationa
-
4 920
-
-
municipal
-
988
-
-
total
-
5 908
-
-
Dividends
-
14 592
-
-
withholding
-
3 794
-
-
total
-
3 794
-
-
Income
20 500
20 500
20 500
20 500
Total tax
35 964
9 702
11 370
9 918
After tax
-15 464
10 798
9 130
10 582
Living cost
32 247
32 247
32 247
32 247
Free-cash
-47 711
-21 449
-23 117
-21 665

Estimated living cost  is ₽32247 per week

₽22652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2218
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
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.
₽6889
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
-₽11958
-₽6315
-₽4744
-₽15480
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
-
-
-
20 500
pensions
-
-
-
3 242
income
-
-
-
2 676
other
-
-
-
289
health
-
-
-
1 699
accident
-
-
-
197
total
-
-
-
8 103
Employee
26 964
-
17 030
-
health
3 087
-
1 950
-
pensions
3 036
-
1 918
-
income
3 699
-
2 336
-
total
9 822
-
6 204
-
Employer
26 964
-
17 030
-
pensions
4 384
-
2 769
-
accident
450
-
284
-
unemployment
661
-
417
-
total
5 495
-
3 470
-
Corporate
-
20 500
-
-
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.

-
18 450
-
-
total
-
18 450
-
-
Dividends
-
2 050
-
-
withholding
-
389
-
-
total
-
389
-
-
Income
20 500
20 500
20 500
20 500
Total tax
15 317
18 839
9 674
8 103
After tax
5 183
1 661
10 826
12 397
Living cost
17 141
17 141
17 141
17 141
Free-cash
-11 958
-15 480
-6 315
-4 744

Estimated living cost  is ₽17141 per week

₽12563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽358
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.
₽3271
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
-₽19776
-₽16418
-₽16418
-₽20501
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.

-
-
-
20 500
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.

-
-
-
129
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.

-
-
-
5 530
surtax

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

-
-
-
8
total
-
-
-
5 667
Employee

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

40 276
-
20 500
-
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.

5 530
-
5 530
-
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.

3 312
-
129
-
surtax

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

183
-
8
-
total
9 025
-
5 667
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
20 500
-
-
income
-
3 075
-
-
trade
-
2 942
-
-
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.

-
169
-
-
chamber of commerce
-
154
-
-
total
-
6 340
-
-
Dividends
-
14 160
-
-
surtax

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

-
178
-
-
withholding
-
3 232
-
-
total
-
3 410
-
-
Income
20 500
20 500
20 500
20 500
Total tax
9 025
9 750
5 667
5 667
After tax
11 475
10 750
14 833
14 833
Living cost
31 251
31 251
31 251
31 251
Free-cash
-19 776
-20 501
-16 418
-16 418

Estimated living cost  is ₽31251 per week

₽21558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
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.
₽5877
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
-₽8849
-₽5077
-₽1963
-₽440
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.

-
-
-
20 500
income
-
-
-
-
microenterprise
-
-
-
3 075
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.

-
-
-
2 548
surtax
-
-
-
-
total
-
-
-
5 623
Employee
23 653
-
16 520
-
income
4 210
-
2 940
-
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.

2 602
-
1 817
-
surtax
-
-
-
-
total
6 812
-
4 757
-
Employer
23 653
-
16 520
-
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.

5 697
-
3 980
-
surtax
-
-
-
-
total
5 697
-
3 980
-
Corporate
-
20 500
-
-
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%.

-
4 100
-
-
total
-
4 100
-
-
Dividends

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

-
16 400
-
-
total
-
-
-
-
Income
20 500
20 500
20 500
20 500
Total tax
12 509
4 100
8 737
5 623
After tax
7 991
16 400
11 763
14 877
Living cost
16 840
16 840
16 840
16 840
Free-cash
-8 849
-440
-5 077
-1 963

Estimated living cost  is ₽16840 per week

₽10744
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.
₽382
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.
₽4111
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
₽1221
₽990
₽408
₽2853
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
-
-
-
20 500
income
-
-
-
3 080
health
-
-
-
2 973
pensions
-
-
-
4 100
total
-
-
-
10 153
Employee
15 139
-
16 735
-
health
757
-
837
-
unemployment
151
-
167
-
pensions
1 362
-
1 506
-
income
2 929
-
3 295
-
total
5 199
-
5 805
-
Employer
15 139
-
16 735
-
health
1 438
-
1 590
-
pensions
1 665
-
1 841
-
unemployment
303
-
335
-
total
3 406
-
3 766
-
Corporate
1 955
20 500
-
-
income
430
4 510
-
-
total
430
4 510
-
-
Dividends
1 525
15 990
-
-
withholding
305
3 198
-
-
total
305
3 198
-
-
Income
20 500
20 500
20 500
20 500
Total tax
9 340
7 708
9 571
10 153
After tax
11 160
12 792
10 929
10 347
Living cost
9 939
9 939
9 939
9 939
Free-cash
1 221
2 853
990
408

Estimated living cost  is ₽9939 per week

₽5907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽228
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
-₽12500
-₽6824
-₽6374
-₽5287
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
-
-
-
20 500
pensions
-
-
-
4 100
unemployment
-
-
-
184
income
-
-
-
2 952
other
-
-
-
-
health
-
-
-
1 456
surtax
-
-
-
-
total
-
-
-
8 692
Employee
27 260
-
16 933
-
health
696
-
432
-
unemployment
1 897
-
1 178
-
pensions
1 819
-
1 129
-
income
4 570
-
2 839
-
other
-
-
-
-
surtax
97
-
-
-
total
9 079
-
5 578
-
Employer
27 260
-
16 933
-
health
1 240
-
771
-
pensions
3 634
-
2 257
-
unemployment
865
-
536
-
other
-
-
-
-
total
5 739
-
3 564
-
Corporate
-
20 500
-
-
income
-
5 330
-
-
total
-
5 330
-
-
Dividends
-
15 170
-
-
withholding
-
2 275
-
-
total
-
2 275
-
-
Income
20 500
20 500
20 500
20 500
Total tax
14 818
7 605
9 142
8 692
After tax
5 682
12 895
11 358
11 808
Living cost
18 182
18 182
18 182
18 182
Free-cash
-12 500
-5 287
-6 824
-6 374

Estimated living cost  is ₽18182 per week

₽10977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
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.
₽5203
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
-₽25834
-₽19917
-₽15732
-₽23600
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
-
-
-
20 500
pensions
-
-
-
3 793
chamber of commerce
-
-
-
81
unemployment