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
₽ 23000
per

Your estimated
City
free-cash

Valencia , Spain
-₽16905
-₽12335
-₽9462
-₽6874
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
-
-
-
23 000
unemployment
-
-
-
162
income
-
-
-
3 059
other
-
-
-
23
accident
-
-
-
207
pensions
-
-
-
6 508
total
-
-
-
9 959
Employee
30 259
-
14 288
-
unemployment
469
-
424
-
pensions
1 423
-
1 284
-
income
5 834
-
2 385
-
other
30
-
28
-
total
7 756
-
4 121
-
Employer
30 259
-
14 288
-
pensions
7 140
-
6 449
-
accident
599
-
540
-
unemployment
1 665
-
1 503
-
other
242
-
219
-
total
9 646
-
8 711
-
Corporate
-
23 000
-
-
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.

-
3 451
-
-
total
-
3 451
-
-
Dividends
-
19 549
-
-
withholding
-
3 920
-
-
total
-
3 920
-
-
Income
23 000
23 000
23 000
23 000
Total tax
17 402
7 371
12 832
9 959
After tax
5 598
15 629
10 168
13 041
Living cost
22 503
22 503
22 503
22 503
Free-cash
-16 905
-6 874
-12 335
-9 462

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
-₽14201
-₽8325
-₽9352
-₽4907
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
-
-
-
23 000
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.

-
-
-
5 521
income
-
-
-
2 921
other
-
-
-
1 092
health
-
-
-
1 013
total
-
-
-
10 547
Employee
29 713
-
18 369
-
health
416
-
258
-
unemployment
297
-
183
-
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
-
1 286
-
income
5 115
-
3 162
-
total
7 907
-
4 889
-
Employer
29 713
-
18 369
-
health
416
-
258
-
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
-
3 123
-
accident
238
-
148
-
unemployment
297
-
183
-
other
1 486
-
919
-
total
7 489
-
4 631
-
Corporate
-
23 000
-
-
income
-
4 830
-
-
total
-
4 830
-
-
Dividends
-
18 170
-
-
withholding
-
1 272
-
-
total
-
1 272
-
-
Income
23 000
23 000
23 000
23 000
Total tax
15 396
6 102
9 520
10 547
After tax
7 604
16 898
13 480
12 453
Living cost
21 805
21 805
21 805
21 805
Free-cash
-14 201
-4 907
-8 325
-9 352

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
₽5137
₽3793
₽2680
₽8936
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
-
-
-
23 000
pensions

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

-
-
-
3 404
unemployment
-
-
-
92
income
-
-
-
3 450
health
-
-
-
2 645
total
-
-
-
9 591
Employee
14 206
-
19 228
-
health
653
-
884
-
accident

We are using the highest rate at 1.1%.

156
-
211
-
pensions

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

1 247
-
1 688
-
income
1 420
-
1 923
-
total
3 476
-
4 706
-
Employer
14 206
-
19 228
-
health
981
-
1 327
-
pensions

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

1 566
-
2 119
-
accident

We are using the highest rate at 1.1%.

156
-
211
-
unemployment
85
-
115
-
total
2 788
-
3 772
-
Corporate
6 006
23 000
-
-
income
600
2 300
-
-
total
600
2 300
-
-
Dividends
5 406
20 700
-
-
withholding
270
1 035
-
-
total
270
1 035
-
-
Income
23 000
23 000
23 000
23 000
Total tax
7 134
3 335
8 478
9 591
After tax
15 866
19 665
14 522
13 409
Living cost
10 729
10 729
10 729
10 729
Free-cash
5 137
8 936
3 793
2 680

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
-₽22962
-₽12952
-₽13862
-₽16406
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
-
-
-
23 000
income
-
-
-
-
other
-
-
-
713
health
-
-
-
219
social contributions
-
-
-
655
pensions
-
-
-
7 277
surtax
-
-
-
-
total
-
-
-
8 864
Employee
35 024
-
17 527
-
pensions
3 960
-
1 983
-
income
2 067
-
-
-
social contributions
999
-
498
-
surtax
-
-
-
-
total
7 026
-
2 481
-
Employer
35 024
-
17 527
-
health
2 452
-
1 227
-
social contributions
106
-
53
-
pensions
5 754
-
2 879
-
unemployment
1 418
-
710
-
other
1 208
-
604
-
total
10 938
-
5 473
-
Corporate
-
23 000
-
-
income
-
6 440
-
-
surtax
-
-
-
-
total
-
6 440
-
-
Dividends
-
16 560
-
-
social contributions
-
2 848
-
-
surtax
-
-
-
-
withholding
-
2 120
-
-
total
-
4 968
-
-
Income
23 000
23 000
23 000
23 000
Total tax
17 964
11 408
7 954
8 864
After tax
5 036
11 592
15 046
14 136
Living cost
27 998
27 998
27 998
27 998
Free-cash
-22 962
-16 406
-12 952
-13 862

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
-₽58263
-₽58263
-₽21021
-₽53670
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
-
-
-
23 000
pensions
-
-
-
4 140
income
-
-
-
2 070
health
-
-
-
3 530
total
-
-
-
9 740
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
23 000
23 000
23 000
23 000
Total tax
46 982
42 389
46 982
9 740
After tax
-23 982
-19 389
-23 982
13 260
Living cost
34 281
34 281
34 281
34 281
Free-cash
-58 263
-53 670
-58 263
-21 021

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
-₽8300
-₽7914
-₽7914
-₽12988
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.

-
-
-
23 000
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.

-
-
-
508
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.

-
-
-
28
total
-
-
-
6 127
Employee

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

31 300
-
23 000
-
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
-
508
-
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
-
28
-
total
6 513
-
6 127
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
23 000
-
-
income
-
3 451
-
-
trade
-
3 623
-
-
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.

-
189
-
-
chamber of commerce
-
157
-
-
total
-
7 420
-
-
Dividends
-
15 580
-
-
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.

-
197
-
-
withholding
-
3 584
-
-
total
-
3 781
-
-
Income
23 000
23 000
23 000
23 000
Total tax
6 513
11 201
6 127
6 127
After tax
16 487
11 799
16 873
16 873
Living cost
24 787
24 787
24 787
24 787
Free-cash
-8 300
-12 988
-7 914
-7 914

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
-₽8575
-₽7297
-₽1594
-₽14453
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
23 000
23 000
23 000
23 000
Total tax
12 628
18 506
11 350
5 647
After tax
10 372
4 494
11 650
17 353
Living cost
18 947
18 947
18 947
18 947
Free-cash
-8 575
-14 453
-7 297
-1 594

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
-₽23577
-₽11995
-₽12004
-₽12586
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.

-
-
-
23 000
income
-
-
-
1 342
social contributions

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

-
-
-
7 993
surtax
-
-
-
-
total
-
-
-
9 335
Employee
37 637
-
18 585
-
income
7 829
-
2 869
-
social contributions
4 140
-
2 044
-
surtax
-
-
-
-
total
11 969
-
4 913
-
Employer
37 637
-
18 585
-
social contributions
8 939
-
4 413
-
total
8 939
-
4 413
-
Corporate
-
23 000
-
-
income
-
4 830
-
-
surtax
-
-
-
-
total
-
4 830
-
-
Dividends
-
18 170
-
-
withholding
-
5 087
-
-
total
-
5 087
-
-
Income
23 000
23 000
23 000
23 000
Total tax
20 908
9 917
9 326
9 335
After tax
2 092
13 083
13 674
13 665
Living cost
25 669
25 669
25 669
25 669
Free-cash
-23 577
-12 586
-11 995
-12 004

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
₽14617
₽12309
₽16679
₽15759
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%.

-
-
-
23 000
microenterprise

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

-
-
-
230
total
-
-
-
230
Employee
7 614
-
23 000
-
income
1 523
-
4 600
-
total
1 523
-
4 600
-
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%.

15 386
23 000
-
-
total
-
-
-
-
Dividends
15 386
23 000
-
-
withholding
769
1 150
-
-
total
769
1 150
-
-
Income
23 000
23 000
23 000
23 000
Total tax
2 292
1 150
4 600
230
After tax
20 708
21 850
18 400
22 770
Living cost
6 091
6 091
6 091
6 091
Free-cash
14 617
15 759
12 309
16 679

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
-₽18821
-₽9263
-₽8533
-₽6114
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.

-
-
-
23 000
pensions
-
-
-
4 201
unemployment
-
-
-
34
income
-
-
-
3 085
health
-
-
-
2 263
total
-
-
-
9 583
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
-
19 900
-
health
2 337
-
1 286
-
unemployment
51
-
28
-
pensions
5 609
-
3 084
-
income
6 240
-
2 816
-
total
14 237
-
7 214
-
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
-
19 900
-
health
2 410
-
1 326
-
pensions
3 202
-
1 761
-
unemployment
22
-
12
-
total
5 634
-
3 099
-
Corporate
-
23 000
-
-
income
-
4 370
-
-
total
-
4 370
-
-
Dividends
-
18 630
-
-
withholding
-
2 794
-
-
total
-
2 794
-
-
Income
23 000
23 000
23 000
23 000
Total tax
19 871
7 164
10 313
9 583
After tax
3 129
15 836
12 687
13 417
Living cost
21 950
21 950
21 950
21 950
Free-cash
-18 821
-6 114
-9 263
-8 533

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
-₽20744
-₽11598
-₽35154
-₽17200
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.

-
-
-
23 000
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
-
20 905
-
social contributions
3 761
-
2 095
-
income
4 073
-
702
-
total
7 834
-
2 797
-
Employer
37 541
-
20 905
-
social contributions
3 761
-
2 095
-
total
3 761
-
2 095
-
Corporate
-
23 000
-
-
income
-
8 051
-
-
total
-
8 051
-
-
Dividends
-
14 949
-
-
social contributions
2 443
2 443
-
-
total
2 443
2 443
-
-
Income
23 000
23 000
23 000
23 000
Total tax
14 038
10 494
4 892
28 448
After tax
8 962
12 506
18 108
-5 448
Living cost
29 706
29 706
29 706
29 706
Free-cash
-20 744
-17 200
-11 598
-35 154

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
-₽6897
-₽2669
-₽2584
-₽3322
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
-
-
-
23 000
income
-
-
-
3 451
health
-
-
-
1 606
social contributions
-
-
-
3 174
total
-
-
-
8 231
Employee
27 747
-
23 000
-
health
1 937
-
1 606
-
income
4 628
-
3 536
-
social contributions
3 830
-
3 174
-
total
10 395
-
8 316
-
Employer
27 747
-
23 000
-
total
-
-
-
-
Corporate
-
23 000
-
-
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%.

-
1 151
-
-
total
-
1 151
-
-
Dividends
-
21 849
-
-
social contributions
1 427
3 016
-
-
withholding
-
3 277
-
-
health
722
1 525
-
-
total
2 149
7 818
-
-
Income
23 000
23 000
23 000
23 000
Total tax
12 544
8 969
8 316
8 231
After tax
10 456
14 031
14 684
14 769
Living cost
17 353
17 353
17 353
17 353
Free-cash
-6 897
-3 322
-2 669
-2 584

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
-₽22070
-₽11200
-₽11669
-₽7036
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
-
-
-
23 000
income
-
-
-
1 977
health
-
-
-
3 105
social contributions
-
-
-
6 716
solidarity contribution
-
-
-
-
total
-
-
-
11 798
Employee
33 634
-
17 164
-
health
4 541
-
2 317
-
solidarity contribution
-
-
-
-
income
4 036
-
2 060
-
social contributions
2 186
-
1 116
-
total
10 763
-
5 493
-
Employer
33 634
-
17 164
-
health
3 027
-
1 545
-
social contributions
8 409
-
4 291
-
total
11 436
-
5 836
-
Corporate
-
23 000
-
-
income
-
4 370
-
-
total
-
4 370
-
-
Dividends
-
18 630
-
-
withholding
-
2 795
-
-
total
-
2 795
-
-
Income
23 000
23 000
23 000
23 000
Total tax
22 199
7 165
11 329
11 798
After tax
801
15 835
11 671
11 202
Living cost
22 871
22 871
22 871
22 871
Free-cash
-22 070
-7 036
-11 200
-11 669

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
₽10578
₽8908
₽13278
₽12358
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%.

-
-
-
23 000
microenterprise

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

-
-
-
230
total
-
-
-
230
Employee
11 865
-
23 000
-
income
2 373
-
4 600
-
total
2 373
-
4 600
-
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%.

11 135
23 000
-
-
total
-
-
-
-
Dividends
11 135
23 000
-
-
withholding
557
1 150
-
-
total
557
1 150
-
-
Income
23 000
23 000
23 000
23 000
Total tax
2 930
1 150
4 600
230
After tax
20 070
21 850
18 400
22 770
Living cost
9 492
9 492
9 492
9 492
Free-cash
10 578
12 358
8 908
13 278

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
-₽44262
-₽24479
-₽25389
-₽27933
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
-
-
-
23 000
income
-
-
-
-
other
-
-
-
713
health
-
-
-
219
social contributions
-
-
-
655
pensions
-
-
-
7 277
surtax
-
-
-
-
total
-
-
-
8 864
Employee
51 254
-
17 527
-
pensions
5 797
-
1 983
-
income
4 472
-
-
-
social contributions
1 460
-
498
-
surtax
-
-
-
-
total
11 729
-
2 481
-
Employer
51 254
-
17 527
-
health
3 587
-
1 227
-
social contributions
154
-
53
-
pensions
8 422
-
2 879
-
unemployment
2 076
-
710
-
other
1 769
-
604
-
total
16 008
-
5 473
-
Corporate
-
23 000
-
-
income
-
6 440
-
-
surtax
-
-
-
-
total
-
6 440
-
-
Dividends
-
16 560
-
-
social contributions
-
2 848
-
-
surtax
-
-
-
-
withholding
-
2 120
-
-
total
-
4 968
-
-
Income
23 000
23 000
23 000
23 000
Total tax
27 737
11 408
7 954
8 864
After tax
-4 737
11 592
15 046
14 136
Living cost
39 525
39 525
39 525
39 525
Free-cash
-44 262
-27 933
-24 479
-25 389

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
-₽2073
-₽1056
-₽2046
₽2515
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.

-
-
-
23 000
pensions
-
-
-
5 980
unemployment
-
-
-
345
income
-
-
-
2 249
health
-
-
-
2 369
total
-
-
-
10 943
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
-
19 508
-
health
1 095
-
1 005
-
unemployment
160
-
146
-
pensions
2 977
-
2 731
-
income
2 931
-
2 579
-
total
7 163
-
6 461
-
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
-
19 508
-
health
1 095
-
1 005
-
pensions
2 552
-
2 341
-
unemployment
160
-
146
-
total
3 807
-
3 492
-
Corporate
-
23 000
-
-
income
-
3 450
-
-
total
-
3 450
-
-
Dividends
-
19 550
-
-
withholding
-
2 932
-
-
total
-
2 932
-
-
Income
23 000
23 000
23 000
23 000
Total tax
10 970
6 382
9 953
10 943
After tax
12 030
16 618
13 047
12 057
Living cost
14 103
14 103
14 103
14 103
Free-cash
-2 073
2 515
-1 056
-2 046

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
-₽49853
-₽39195
-₽37088
-₽46322
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
-
-
-
23 000
pensions
-
-
-
2 117
city
-
-
-
241
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.

-
-
-
460
health
-
-
-
185
regional
-
-
-
245
national
-
-
-
-
total
-
-
-
3 248
Employee
66 517
-
20 088
-
health
150
-
45
-
unemployment
-
-
-
-
city
714
-
209
-
pensions
5 588
-
2 245
-
regional
2 178
-
165
-
national
315
-
-
-
total
8 945
-
2 664
-
Employer
66 517
-
20 088
-
health
150
-
45
-
pensions
5 588
-
2 245
-
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
-
401
-
total
7 068
-
2 691
-
Corporate
-
23 000
-
-
regional
-
4 864
-
-
national
-
1 955
-
-
total
-
6 819
-
-
Dividends
-
16 181
-
-
withholding
-
5 663
-
-
total
-
5 663
-
-
Income
23 000
23 000
23 000
23 000
Total tax
16 013
12 482
5 355
3 248
After tax
6 987
10 518
17 645
19 752
Living cost
56 840
56 840
56 840
56 840
Free-cash
-49 853
-46 322
-39 195
-37 088

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
-₽28178
-₽16861
-₽12567
-₽15503
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

-
-
-
23 000
municipal
-
-
-
4 137
health
-
-
-
12
national
-
-
-
-
total
-
-
-
4 149
Employee
43 055
-
19 349
-
health
321
-
-
-
unemployment
646
-
290
-
pensions
2 906
-
1 306
-
national
711
-
-
-
municipal
7 052
-
3 196
-
total
11 636
-
4 792
-
Employer
43 055
-
19 349
-
health
331
-
149
-
pensions
7 470
-
3 357
-
accident
43
-
19
-
unemployment
280
-
126
-
total
8 124
-
3 651
-
Corporate
-
23 000
-
-
income
-
4 600
-
-
total
-
4 600
-
-
Dividends

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

-
13 800
-
-
municipal
-
2 485
-
-
national
-
-
-
-
total
-
2 485
-
-
Income
23 000
23 000
23 000
23 000
Total tax
19 760
7 085
8 443
4 149
After tax
3 240
15 915
14 557
18 851
Living cost
31 418
31 418
31 418
31 418
Free-cash
-28 178
-15 503
-16 861
-12 567

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
-₽52575
-₽19150
-₽14555
-₽16725
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
-
-
-
23 000
communal

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

-
-
-
1 356
social contributions
-
-
-
412
national
-
-
-
5 949
total
-
-
-
7 717
Employee

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

58 536
-
17 816
-
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
-
837
-
communal

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

3 053
-
929
-
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
-
155
-
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
-
1 336
-
national
17 996
-
3 872
-
total
28 698
-
7 129
-
Employer

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

58 536
-
17 816
-
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
-
1 096
-
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
-
1 578
-
surtax
6 637
-
2 019
-
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
-
231
-
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
-
259
-
total
17 039
-
5 183
-
Corporate
-
23 000
-
-
income
-
4 600
-
-
surtax
-
92
-
-
total
-
4 692
-
-
Dividends
-
18 309
-
-
withholding

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

-
5 195
-
-
total
-
5 195
-
-
Income
23 000
23 000
23 000
23 000
Total tax
45 737
9 887
12 312
7 717
After tax
-22 737
13 113
10 688
15 283
Living cost
29 838
29 838
29 838
29 838
Free-cash
-52 575
-16 725
-19 150
-14 555

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
-₽43296
-₽23121
-₽23938
-₽22845
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
-
-
-
23 000
unemployment
-
-
-
23
municipal
-
-
-
4 872
other
-
-
-
2 673
health
-
-
-
1 435
national
-
-
-
-
accident
-
-
-
46
pensions
-
-
-
2 486
total
-
-
-
11 535
Employee
50 445
-
17 501
-
national
-
-
-
-
municipal
15 043
-
5 219
-
total
15 043
-
5 219
-
Employer
50 445
-
17 501
-
health
3 102
-
1 076
-
pensions
5 453
-
1 892
-
accident
101
-
35
-
unemployment
1 332
-
462
-
other
5 862
-
2 034
-
total
15 850
-
5 499
-
Corporate
-
23 000
-
-
income
-
5 060
-
-
total
-
5 060
-
-
Dividends
-
17 940
-
-
withholding
-
5 382
-
-
total
-
5 382
-
-
Income
23 000
23 000
23 000
23 000
Total tax
30 893
10 442
10 718
11 535
After tax
-7 893
12 558
12 282
11 465
Living cost
35 403
35 403
35 403
35 403
Free-cash
-43 296
-22 845
-23 121
-23 938

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
-₽112069
-₽29279
-₽23192
-₽25094
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
-
-
-
23 000
income
-
-
-
4 483
social contributions
-
-
-
2 622
total
-
-
-
7 105
Employee
56 045
-
6 450
-
income
12 362
-
1 275
-
social contributions
4 596
-
655
-
total
16 958
-
1 930
-
Employer
56 045
-
6 450
-
social contributions
79 024
-
11 262
-
total
79 024
-
11 262
-
Corporate
-
23 000
-
-
income
-
5 060
-
-
total
-
5 060
-
-
Dividends
-
17 940
-
-
income
-
3 947
-
-
total
-
3 947
-
-
Income
23 000
23 000
23 000
23 000
Total tax
95 982
9 007
13 192
7 105
After tax
-72 982
13 993
9 808
15 895
Living cost
39 087
39 087
39 087
39 087
Free-cash
-112 069
-25 094
-29 279
-23 192

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
-₽17575
-₽14893
-₽9190
-₽22049
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
23 000
23 000
23 000
23 000
Total tax
14 032
18 506
11 350
5 647
After tax
8 968
4 494
11 650
17 353
Living cost
26 543
26 543
26 543
26 543
Free-cash
-17 575
-22 049
-14 893
-9 190

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
-₽21812
-₽12964
-₽11356
-₽11915
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
-
-
-
23 000
income
-
-
-
4 448
pensions
-
-
-
760
total
-
-
-
5 208
Employee
40 009
-
21 158
-
health
522
-
135
-
pensions
3 054
-
792
-
income
7 286
-
4 046
-
total
10 862
-
4 973
-
Employer
40 009
-
21 158
-
health
760
-
403
-
pensions
4 042
-
1 440
-
total
4 802
-
1 843
-
Corporate
-
23 000
-
-
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.

-
4 371
-
-
total
-
4 371
-
-
Dividends
-
18 629
-
-
withholding
-
1 396
-
-
total
-
1 396
-
-
Income
23 000
23 000
23 000
23 000
Total tax
15 664
5 767
6 816
5 208
After tax
7 336
17 233
16 184
17 792
Living cost
29 148
29 148
29 148
29 148
Free-cash
-21 812
-11 915
-12 964
-11 356

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
-₽45959
-₽21681
-₽20214
-₽20488
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
-
-
-
23 000
municipal
-
-
-
151
regional
-
-
-
289
social contributions
-
-
-
6 342
national
-
-
-
3 831
total
-
-
-
10 613
Employee
68 958
-
23 000
-
social contributions
23 252
-
8 315
-
regional
1 041
-
255
-
national
11 653
-
3 378
-
municipal
412
-
132
-
total
36 358
-
12 080
-
Employer
68 958
-
23 000
-
total
-
-
-
-
Corporate
-
23 000
-
-
nationa
-
5 521
-
-
municipal
-
1 109
-
-
total
-
6 630
-
-
Dividends
-
16 370
-
-
withholding
-
4 257
-
-
total
-
4 257
-
-
Income
23 000
23 000
23 000
23 000
Total tax
36 358
10 887
12 080
10 613
After tax
-13 358
12 113
10 920
12 387
Living cost
32 601
32 601
32 601
32 601
Free-cash
-45 959
-20 488
-21 681
-20 214

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
-₽9810
-₽5179
-₽2921
-₽15463
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
-
-
-
23 000
pensions
-
-
-
3 277
income
-
-
-
3 109
other
-
-
-
292
health
-
-
-
1 718
accident
-
-
-
199
total
-
-
-
8 595
Employee
27 254
-
19 106
-
health
3 121
-
2 188
-
pensions
3 069
-
2 151
-
income
3 739
-
2 621
-
total
9 929
-
6 960
-
Employer
27 254
-
19 106
-
pensions
4 432
-
3 106
-
accident
455
-
319
-
unemployment
668
-
468
-
total
5 555
-
3 893
-
Corporate
-
23 000
-
-
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.

-
20 700
-
-
total
-
20 700
-
-
Dividends
-
2 300
-
-
withholding
-
437
-
-
total
-
437
-
-
Income
23 000
23 000
23 000
23 000
Total tax
15 484
21 137
10 853
8 595
After tax
7 516
1 863
12 147
14 405
Living cost
17 326
17 326
17 326
17 326
Free-cash
-9 810
-15 463
-5 179
-2 921

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
-₽17718
-₽14721
-₽14721
-₽19559
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.

-
-
-
23 000
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.

-
-
-
508
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.

-
-
-
28
total
-
-
-
6 127
Employee

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

40 717
-
23 000
-
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
-
508
-
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
-
28
-
total
9 124
-
6 127
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
23 000
-
-
income
-
3 451
-
-
trade
-
3 300
-
-
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.

-
189
-
-
chamber of commerce
-
158
-
-
total
-
7 098
-
-
Dividends
-
15 901
-
-
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.

-
202
-
-
withholding
-
3 665
-
-
total
-
3 867
-
-
Income
23 000
23 000
23 000
23 000
Total tax
9 124
10 965
6 127
6 127
After tax
13 876
12 035
16 873
16 873
Living cost
31 594
31 594
31 594
31 594
Free-cash
-17 718
-19 559
-14 721
-14 721

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
-₽6673
-₽3827
-₽52
₽1375
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.

-
-
-
23 000
income
-
-
-
-
microenterprise
-
-
-
3 451
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
-
-
-
6 027
Employee
23 912
-
18 535
-
income
4 257
-
3 298
-
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
-
2 039
-
surtax
-
-
-
-
total
6 888
-
5 337
-
Employer
23 912
-
18 535
-
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
-
4 465
-
surtax
-
-
-
-
total
5 760
-
4 465
-
Corporate
-
23 000
-
-
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%.

-
4 600
-
-
total
-
4 600
-
-
Dividends

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

-
18 400
-
-
total
-
-
-
-
Income
23 000
23 000
23 000
23 000
Total tax
12 648
4 600
9 802
6 027
After tax
10 352
18 400
13 198
16 973
Living cost
17 025
17 025
17 025
17 025
Free-cash
-6 673
1 375
-3 827
-52

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
₽2707
₽2197
₽1545
₽4350
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
-
-
-
23 000
income
-
-
-
3 518
health
-
-
-
3 335
pensions
-
-
-
4 600
total
-
-
-
11 453
Employee
15 234
-
18 776
-
health
762
-
939
-
unemployment
152
-
188
-
pensions
1 371
-
1 690
-
income
2 947
-
3 760
-
total
5 232
-
6 577
-
Employer
15 234
-
18 776
-
health
1 447
-
1 784
-
pensions
1 676
-
2 065
-
unemployment
305
-
375
-
total
3 428
-
4 224
-
Corporate
4 338
23 000
-
-
income
954
5 060
-
-
total
954
5 060
-
-
Dividends
3 383
17 940
-
-
withholding
677
3 588
-
-
total
677
3 588
-
-
Income
23 000
23 000
23 000
23 000
Total tax
10 291
8 648
10 801
11 453
After tax
12 709
14 352
12 199
11 547
Living cost
10 002
10 002
10 002
10 002
Free-cash
2 707
4 350
2 197
1 545

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
-₽10360
-₽5642
-₽5115
-₽3914
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
-
-
-
23 000
pensions
-
-
-
4 600
unemployment
-
-
-
186
income
-
-
-
3 316
other
-
-
-
-
health
-
-
-
1 632
surtax
-
-
-
-
total
-
-
-
9 734
Employee
27 559
-
19 000
-
health
703
-
485
-
unemployment
1 918
-
1 323
-
pensions
1 839
-
1 267
-
income
4 620
-
3 185
-
other
-
-
-
-
surtax
98
-
-
-
total
9 178
-
6 260
-
Employer
27 559
-
19 000
-
health
1 253
-
865
-
pensions
3 674
-
2 533
-
unemployment
874
-
603
-
other
-
-
-
-
total
5 801
-
4 001
-
Corporate
-
23 000
-
-
income
-
5 980
-
-
total
-
5 980
-
-
Dividends
-
17 020
-
-
withholding
-
2 553
-
-
total
-
2 553
-
-
Income
23 000
23 000
23 000
23 000
Total tax
14 979
8 533
10 261
9 734
After tax
8 021
14 467
12 739
13 266
Living cost
18 381
18 381
18 381
18 381
Free-cash
-10 360
-3 914
-5 642
-5 115

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
-₽23843
-₽18945
-₽14233
-₽21581
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
-
-
-
23 000
pensions
-
-
-
4 255
chamber of commerce
-
-
-
92