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
-₽15071
-₽11451
-₽8845
-₽20430
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
-
-
-
3 059
accident
-
-
-
206
unemployment
-
-
-
161
pensions
-
-
-
6 509
other
-
-
-
24
total
-
-
-
9 959
Employee
32 932
-
13 518
-
other
32
-
30
-
income
6 349
-
2 209
-
unemployment
510
-
461
-
pensions
1 548
-
1 398
-
total
8 439
-
4 098
-
Employer
32 932
-
13 518
-
unemployment
1 812
-
1 636
-
pensions
7 771
-
7 019
-
other
264
-
238
-
accident
652
-
588
-
total
10 499
-
9 481
-
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.

-
3 450
-
-
total
-
3 450
-
-
Dividends
-
19 550
-
-
withholding
-
3 903
-
-
total
-
3 903
-
-
Income
23 000
23 000
23 000
23 000
Total tax
18 938
7 353
13 579
9 959
After tax
4 062
15 647
9 421
13 041
Living cost
24 492
24 492
24 492
24 492
Free-cash
-20 430
-8 845
-15 071
-11 451

Estimated living cost  is ₽24492 per week

₽16532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2354
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.
₽5177
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
-₽10250
-₽11276
-₽6835
-₽17488
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
-
-
-
2 922
health
-
-
-
1 012
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.

-
-
-
5 518
other
-
-
-
1 092
total
-
-
-
10 544
Employee
32 338
-
18 371
-
income
5 567
-
3 162
-
health
453
-
257
-
unemployment
323
-
184
-
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.

2 263
-
1 286
-
total
8 606
-
4 889
-
Employer
32 338
-
18 371
-
unemployment
323
-
184
-
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.

5 498
-
3 123
-
other
1 617
-
918
-
accident
259
-
147
-
health
453
-
257
-
total
8 150
-
4 629
-
Corporate
-
23 000
-
-
income
-
4 830
-
-
total
-
4 830
-
-
Dividends
-
18 170
-
-
withholding
-
1 273
-
-
total
-
1 273
-
-
Income
23 000
23 000
23 000
23 000
Total tax
16 756
6 103
9 518
10 544
After tax
6 244
16 897
13 482
12 456
Living cost
23 732
23 732
23 732
23 732
Free-cash
-17 488
-6 835
-10 250
-11 276

Estimated living cost  is ₽23732 per week

₽16768
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1602
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.
₽4979
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
₽2860
₽1748
₽8004
₽3872
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
-
-
-
3 450
health
-
-
-
2 645
unemployment
-
-
-
92
pensions

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

-
-
-
3 404
total
-
-
-
9 591
Employee
15 441
-
19 227
-
income
1 544
-
1 923
-
health
710
-
885
-
accident

We are using the highest rate at 1.1%.

170
-
211
-
pensions

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

1 356
-
1 688
-
total
3 780
-
4 707
-
Employer
15 441
-
19 227
-
unemployment
92
-
116
-
pensions

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

1 702
-
2 119
-
accident

We are using the highest rate at 1.1%.

170
-
211
-
health
1 066
-
1 326
-
total
3 030
-
3 772
-
Corporate
4 530
23 000
-
-
income
453
2 300
-
-
total
453
2 300
-
-
Dividends
4 077
20 700
-
-
withholding
204
1 035
-
-
total
204
1 035
-
-
Income
23 000
23 000
23 000
23 000
Total tax
7 467
3 335
8 479
9 591
After tax
15 533
19 665
14 521
13 409
Living cost
11 661
11 661
11 661
11 661
Free-cash
3 872
8 004
2 860
1 748

Estimated living cost  is ₽11661 per week

₽6808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽309
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3712
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
-₽15427
-₽16468
-₽18879
-₽27023
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
-
-
-
-
social contributions
-
-
-
656
health
-
-
-
238
surtax
-
-
-
-
pensions
-
-
-
7 389
other
-
-
-
713
total
-
-
-
8 996
Employee
38 118
-
17 526
-
income
2 250
-
-
-
social contributions
1 087
-
500
-
surtax
-
-
-
-
pensions
4 310
-
1 981
-
total
7 647
-
2 481
-
Employer
38 118
-
17 526
-
unemployment
1 543
-
710
-
social contributions
115
-
52
-
pensions
6 262
-
2 880
-
other
1 315
-
605
-
health
2 669
-
1 227
-
total
11 904
-
5 474
-
Corporate
-
23 000
-
-
income
-
6 440
-
-
surtax
-
-
-
-
total
-
6 440
-
-
Dividends
-
16 560
-
-
withholding
-
2 119
-
-
surtax
-
-
-
-
social contributions
-
2 848
-
-
total
-
4 967
-
-
Income
23 000
23 000
23 000
23 000
Total tax
19 551
11 407
7 955
8 996
After tax
3 449
11 593
15 045
14 004
Living cost
30 472
30 472
30 472
30 472
Free-cash
-27 023
-18 879
-15 427
-16 468

Estimated living cost  is ₽30472 per week

₽19214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8263
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
-₽65442
-₽24052
-₽60443
-₽65442
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
-
-
-
2 070
health
-
-
-
3 531
pensions
-
-
-
4 141
total
-
-
-
9 742
Employee
76 057
76 057
76 057
-
income

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

12 449
12 449
12 449
-
health
11 674
9 930
11 674
-
pensions
13 690
10 435
13 690
-
total
37 813
32 814
37 813
-
Employer
76 057
76 057
76 057
-
unemployment
2 738
2 738
2 738
-
pensions
5 294
5 294
5 294
-
health
5 287
5 287
5 287
-
total
13 319
13 319
13 319
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
23 000
23 000
23 000
23 000
Total tax
51 132
46 133
51 132
9 742
After tax
-28 132
-23 133
-28 132
13 258
Living cost
37 310
37 310
37 310
37 310
Free-cash
-65 442
-60 443
-65 442
-24 052

Estimated living cost  is ₽37310 per week

₽26441
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.
₽593
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.
₽6913
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
-₽10285
-₽10285
-₽15157
-₽11066
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
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.

-
-
-
211
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 085
trade
-
-
-
-
surtax

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

-
-
-
12
total
-
-
-
6 308
Employee

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

34 065
-
23 000
-
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.

952
-
211
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 085
-
6 085
-
surtax

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

52
-
12
-
total
7 089
-
6 308
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
23 000
-
-
chamber of commerce
-
169
-
-
income
-
3 450
-
-
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
-
-
trade
-
3 622
-
-
total
-
7 430
-
-
Dividends
-
15 570
-
-
withholding
-
3 554
-
-
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.

-
196
-
-
total
-
3 750
-
-
Income
23 000
23 000
23 000
23 000
Total tax
7 089
11 180
6 308
6 308
After tax
15 911
11 820
16 692
16 692
Living cost
26 977
26 977
26 977
26 977
Free-cash
-11 066
-15 157
-10 285
-10 285

Estimated living cost  is ₽26977 per week

₽16969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6358
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
-₽9975
-₽3767
-₽17762
-₽11363
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 858
income
-
-
-
-
social contributions
-
-
-
5 282
health
-
-
-
864
total
-
-
-
6 146
Employee
68 486
68 486
68 486
-
income
7 457
6 340
7 700
-
social contributions
2 589
5 684
1 917
-
health
531
1 165
392
-
total
10 577
13 189
10 009
-
Employer
68 486
68 486
68 486
-
social contributions
2 589
5 684
1 917
-
health
576
1 268
428
-
total
3 165
6 952
2 345
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
23 000
23 000
23 000
23 000
Total tax
13 742
20 141
12 354
6 146
After tax
9 258
2 859
10 646
16 854
Living cost
20 621
20 621
20 621
20 621
Free-cash
-11 363
-17 762
-9 975
-3 767

Estimated living cost  is ₽20621 per week

₽12358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
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.
₽5784
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
-₽14183
-₽14272
-₽14854
-₽27692
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
40 963
-
18 585
-
income
8 520
-
2 786
-
social contributions
4 506
-
2 045
-
surtax
-
-
-
-
total
13 026
-
4 831
-
Employer
40 963
-
18 585
-
social contributions
9 729
-
4 415
-
total
9 729
-
4 415
-
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
22 755
9 917
9 246
9 335
After tax
245
13 083
13 754
13 665
Living cost
27 937
27 937
27 937
27 937
Free-cash
-27 692
-14 854
-14 183
-14 272

Estimated living cost  is ₽27937 per week

₽20902
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
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.
₽4920
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
₽12059
₽16429
₽15509
₽14320
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
7 926
-
23 000
-
income
1 585
-
4 600
-
total
1 585
-
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%.

15 074
23 000
-
-
total
-
-
-
-
Dividends
15 074
23 000
-
-
withholding
754
1 150
-
-
total
754
1 150
-
-
Income
23 000
23 000
23 000
23 000
Total tax
2 339
1 150
4 600
230
After tax
20 661
21 850
18 400
22 770
Living cost
6 341
6 341
6 341
6 341
Free-cash
14 320
15 509
12 059
16 429

Estimated living cost  is ₽6341 per week

₽3930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽527
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽174
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Ljubljana , Slovenia
-₽11080
-₽10351
-₽8054
-₽22518
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
income
-
-
-
2 965
health
-
-
-
2 263
unemployment
-
-
-
34
pensions
-
-
-
4 200
total
-
-
-
9 462
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

39 385
-
19 902
-
income
6 792
-
2 695
-
health
2 544
-
1 286
-
unemployment
56
-
27
-
pensions
6 105
-
3 085
-
total
15 497
-
7 093
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

39 385
-
19 902
-
unemployment
24
-
12
-
pensions
3 485
-
1 761
-
health
2 623
-
1 325
-
total
6 132
-
3 098
-
Corporate
-
23 000
-
-
income
-
4 371
-
-
total
-
4 371
-
-
Dividends
-
18 629
-
-
withholding
-
2 794
-
-
total
-
2 794
-
-
Income
23 000
23 000
23 000
23 000
Total tax
21 629
7 165
10 191
9 462
After tax
1 371
15 835
12 809
13 538
Living cost
23 889
23 889
23 889
23 889
Free-cash
-22 518
-8 054
-11 080
-10 351

Estimated living cost  is ₽23889 per week

₽16395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1531
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.
₽5501
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
-₽14035
-₽40452
-₽20040
-₽24611
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
-
-
-
25 352
health

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

-
-
-
5 769
total
-
-
-
31 121
Employee
40 858
-
20 906
-
social contributions
4 094
-
2 094
-
income
4 433
-
516
-
total
8 527
-
2 610
-
Employer
40 858
-
20 906
-
social contributions
4 094
-
2 094
-
total
4 094
-
2 094
-
Corporate
-
23 000
-
-
income
-
8 050
-
-
total
-
8 050
-
-
Dividends
-
14 950
-
-
social contributions
2 659
2 659
-
-
total
2 659
2 659
-
-
Income
23 000
23 000
23 000
23 000
Total tax
15 280
10 709
4 704
31 121
After tax
7 720
12 291
18 296
-8 121
Living cost
32 331
32 331
32 331
32 331
Free-cash
-24 611
-20 040
-14 035
-40 452

Estimated living cost  is ₽32331 per week

₽21296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
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.
₽7989
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
-₽7432
-₽4116
-₽4852
-₽9538
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
-
-
-
3 450
social contributions
-
-
-
3 174
health
-
-
-
1 606
total
-
-
-
8 230
Employee
30 198
-
23 000
-
income
5 037
-
6 766
-
social contributions
4 168
-
3 174
-
health
2 108
-
1 606
-
total
11 313
-
11 546
-
Employer
30 198
-
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%.

-
1 149
-
-
total
-
1 149
-
-
Dividends
-
21 851
-
-
withholding
-
3 277
-
-
health
786
1 525
-
-
social contributions
1 553
3 015
-
-
total
2 339
7 817
-
-
Income
23 000
23 000
23 000
23 000
Total tax
13 652
8 966
11 546
8 230
After tax
9 348
14 034
11 454
14 770
Living cost
18 886
18 886
18 886
18 886
Free-cash
-9 538
-4 852
-7 432
-4 116

Estimated living cost  is ₽18886 per week

₽12639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
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.
₽4646
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
-₽12554
-₽13023
-₽8389
-₽24737
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
social contributions
-
-
-
6 716
solidarity contribution
-
-
-
-
health
-
-
-
3 105
total
-
-
-
11 798
Employee
35 625
-
17 164
-
solidarity contribution
-
-
-
-
income
4 275
-
2 060
-
social contributions
2 316
-
1 116
-
health
4 809
-
2 317
-
total
11 400
-
5 493
-
Employer
35 625
-
17 164
-
social contributions
8 906
-
4 291
-
health
3 206
-
1 545
-
total
12 112
-
5 836
-
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
23 512
7 164
11 329
11 798
After tax
-512
15 836
11 671
11 202
Living cost
24 225
24 225
24 225
24 225
Free-cash
-24 737
-8 389
-12 554
-13 023

Estimated living cost  is ₽24225 per week

₽18015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1342
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.
₽4449
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
₽8518
₽12888
₽11968
₽10115
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
12 352
-
23 000
-
income
2 471
-
4 600
-
total
2 471
-
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%.

10 648
23 000
-
-
total
-
-
-
-
Dividends
10 648
23 000
-
-
withholding
532
1 150
-
-
total
532
1 150
-
-
Income
23 000
23 000
23 000
23 000
Total tax
3 003
1 150
4 600
230
After tax
19 997
21 850
18 400
22 770
Living cost
9 882
9 882
9 882
9 882
Free-cash
10 115
11 968
8 518
12 888

Estimated living cost  is ₽9882 per week

₽6687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽331
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
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
-₽27972
-₽29013
-₽31424
-₽50204
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
-
-
-
-
social contributions
-
-
-
656
health
-
-
-
238
surtax
-
-
-
-
pensions
-
-
-
7 389
other
-
-
-
713
total
-
-
-
8 996
Employee
55 783
-
17 526
-
income
4 867
-
-
-
social contributions
1 589
-
500
-
surtax
-
-
-
-
pensions
6 309
-
1 981
-
total
12 765
-
2 481
-
Employer
55 783
-
17 526
-
unemployment
2 260
-
710
-
social contributions
167
-
52
-
pensions
9 166
-
2 880
-
other
1 925
-
605
-
health
3 904
-
1 227
-
total
17 422
-
5 474
-
Corporate
-
23 000
-
-
income
-
6 440
-
-
surtax
-
-
-
-
total
-
6 440
-
-
Dividends
-
16 560
-
-
withholding
-
2 119
-
-
surtax
-
-
-
-
social contributions
-
2 848
-
-
total
-
4 967
-
-
Income
23 000
23 000
23 000
23 000
Total tax
30 187
11 407
7 955
8 996
After tax
-7 187
11 593
15 045
14 004
Living cost
43 017
43 017
43 017
43 017
Free-cash
-50 204
-31 424
-27 972
-29 013

Estimated living cost  is ₽43017 per week

₽29113
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
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.
₽9795
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
-₽2200
-₽3190
₽1252
-₽4317
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
income
-
-
-
2 131
health
-
-
-
2 369
unemployment
-
-
-
345
pensions
-
-
-
5 980
total
-
-
-
10 825
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

23 169
-
19 508
-
income
3 194
-
2 461
-
health
1 193
-
1 005
-
unemployment
174
-
146
-
pensions
3 244
-
2 731
-
total
7 805
-
6 343
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

23 169
-
19 508
-
unemployment
174
-
146
-
pensions
2 780
-
2 341
-
health
1 193
-
1 005
-
total
4 147
-
3 492
-
Corporate
-
23 000
-
-
income
-
3 450
-
-
total
-
3 450
-
-
Dividends
-
19 550
-
-
withholding
-
2 933
-
-
total
-
2 933
-
-
Income
23 000
23 000
23 000
23 000
Total tax
11 952
6 383
9 835
10 825
After tax
11 048
16 617
13 165
12 175
Living cost
15 365
15 365
15 365
15 365
Free-cash
-4 317
1 252
-2 200
-3 190

Estimated living cost  is ₽15365 per week

₽10345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3387
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
-₽44748
-₽42432
-₽51682
-₽56725
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
regional
-
-
-
211
national
-
-
-
-
health
-
-
-
203
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
pensions
-
-
-
2 117
total
-
-
-
3 232
Employee
72 790
-
19 976
-
regional
2 384
-
133
-
city
781
-
206
-
health
165
-
45
-
unemployment
-
-
-
-
national
345
-
-
-
pensions
6 115
-
2 360
-
total
9 790
-
2 744
-
Employer
72 790
-
19 976
-
unemployment
-
-
-
-
pensions
6 115
-
2 360
-
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.

1 455
-
399
-
health
165
-
45
-
total
7 735
-
2 804
-
Corporate
-
23 000
-
-
regional
-
4 864
-
-
national
-
1 955
-
-
total
-
6 819
-
-
Dividends
-
16 180
-
-
withholding
-
5 663
-
-
total
-
5 663
-
-
Income
23 000
23 000
23 000
23 000
Total tax
17 525
12 482
5 548
3 232
After tax
5 475
10 518
17 452
19 768
Living cost
62 200
62 200
62 200
62 200
Free-cash
-56 725
-51 682
-44 748
-42 432

Estimated living cost  is ₽62200 per week

₽40448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽764
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽15407
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
-₽19637
-₽15333
-₽18280
-₽32699
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
-
-
-
4 139
national
-
-
-
-
health
-
-
-
-
total
-
-
-
4 139
Employee
46 859
-
19 351
-
health
350
-
-
-
unemployment
703
-
291
-
national
774
-
-
-
municipal
7 675
-
3 196
-
pensions
3 162
-
1 306
-
total
12 664
-
4 793
-
Employer
46 859
-
19 351
-
unemployment
304
-
125
-
pensions
8 130
-
3 357
-
accident
47
-
19
-
health
360
-
149
-
total
8 841
-
3 650
-
Corporate
-
23 000
-
-
income
-
4 601
-
-
total
-
4 601
-
-
Dividends

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

-
13 800
-
-
national
-
-
-
-
municipal
-
2 485
-
-
total
-
2 485
-
-
Income
23 000
23 000
23 000
23 000
Total tax
21 505
7 086
8 443
4 139
After tax
1 495
15 914
14 557
18 861
Living cost
34 194
34 194
34 194
34 194
Free-cash
-32 699
-18 280
-19 637
-15 333

Estimated living cost  is ₽34194 per week

₽22336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3289
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
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.
₽8027
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
-₽21790
-₽16705
-₽19335
-₽59253
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
national
-
-
-
5 832
social contributions
-
-
-
20
communal

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

-
-
-
1 379
total
-
-
-
7 231
Employee

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

63 708
-
17 813
-
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.

2 993
-
837
-
communal

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

3 323
-
930
-
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.

554
-
155
-
national
19 586
-
3 872
-
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.

4 778
-
1 335
-
total
31 234
-
7 129
-
Employer

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

63 708
-
17 813
-
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.

930
-
260
-
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.

5 645
-
1 579
-
surtax
7 224
-
2 021
-
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.

828
-
232
-
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.

3 918
-
1 095
-
total
18 545
-
5 187
-
Corporate
-
23 000
-
-
income
-
4 601
-
-
surtax
-
91
-
-
total
-
4 692
-
-
Dividends
-
18 308
-
-
withholding

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

-
5 169
-
-
total
-
5 169
-
-
Income
23 000
23 000
23 000
23 000
Total tax
49 779
9 861
12 316
7 231
After tax
-26 779
13 139
10 684
15 769
Living cost
32 474
32 474
32 474
32 474
Free-cash
-59 253
-19 335
-21 790
-16 705

Estimated living cost  is ₽32474 per week

₽20917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2839
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8209
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
-₽23905
-₽24722
-₽23629
-₽44764
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
-
-
-
4 872
national
-
-
-
-
health
-
-
-
1 435
accident
-
-
-
46
unemployment
-
-
-
23
pensions
-
-
-
2 486
other
-
-
-
2 673
total
-
-
-
11 535
Employee
51 564
-
17 501
-
national
-
-
-
-
municipal
15 376
-
5 219
-
total
15 376
-
5 219
-
Employer
51 564
-
17 501
-
unemployment
1 361
-
462
-
pensions
5 574
-
1 892
-
other
5 992
-
2 034
-
accident
103
-
35
-
health
3 171
-
1 076
-
total
16 201
-
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
31 577
10 442
10 718
11 535
After tax
-8 577
12 558
12 282
11 465
Living cost
36 187
36 187
36 187
36 187
Free-cash
-44 764
-23 629
-23 905
-24 722

Estimated living cost  is ₽36187 per week

₽23984
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
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.
₽8103
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
-₽28784
-₽22836
-₽24738
-₽110839
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
55 535
-
6 305
-
income
12 250
-
1 244
-
social contributions
4 554
-
649
-
total
16 804
-
1 893
-
Employer
55 535
-
6 305
-
social contributions
78 304
-
11 160
-
total
78 304
-
11 160
-
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
95 108
9 007
13 053
7 105
After tax
-72 108
13 993
9 947
15 895
Living cost
38 731
38 731
38 731
38 731
Free-cash
-110 839
-24 738
-28 784
-22 836

Estimated living cost  is ₽38731 per week

₽25130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9464
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
-₽18242
-₽12034
-₽26029
-₽21159
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 858
income
-
-
-
-
social contributions
-
-
-
5 282
health
-
-
-
864
total
-
-
-
6 146
Employee
68 486
68 486
68 486
-
income
7 192
6 340
7 700
-
social contributions
3 328
5 684
1 917
-
health
681
1 165
392
-
total
11 201
13 189
10 009
-
Employer
68 486
68 486
68 486
-
social contributions
3 328
5 684
1 917
-
health
742
1 268
428
-
total
4 070
6 952
2 345
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
23 000
23 000
23 000
23 000
Total tax
15 271
20 141
12 354
6 146
After tax
7 729
2 859
10 646
16 854
Living cost
28 888
28 888
28 888
28 888
Free-cash
-21 159
-26 029
-18 242
-12 034

Estimated living cost  is ₽28888 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
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.
₽6399
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
-₽15594
-₽14133
-₽14797
-₽26242
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
-
-
-
4 474
pensions
-
-
-
630
total
-
-
-
5 104
Employee
43 964
-
21 285
-
income
8 006
-
4 109
-
health
573
-
108
-
pensions
3 356
-
634
-
total
11 935
-
4 851
-
Employer
43 964
-
21 285
-
pensions
4 442
-
1 310
-
health
836
-
404
-
total
5 278
-
1 714
-
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.

-
4 370
-
-
total
-
4 370
-
-
Dividends
-
18 630
-
-
withholding
-
1 398
-
-
total
-
1 398
-
-
Income
23 000
23 000
23 000
23 000
Total tax
17 213
5 768
6 565
5 104
After tax
5 787
17 232
16 435
17 896
Living cost
32 029
32 029
32 029
32 029
Free-cash
-26 242
-14 797
-15 594
-14 133

Estimated living cost  is ₽32029 per week

₽21971
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6709
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
-₽25105
-₽23511
-₽23366
-₽52052
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
-
-
-
145
regional
-
-
-
279
national
-
-
-
3 703
social contributions
-
-
-
6 903
total
-
-
-
11 030
Employee
75 051
-
23 000
-
regional
1 133
-
242
-
social contributions
25 307
-
9 049
-
national
12 683
-
3 208
-
municipal
448
-
125
-
total
39 571
-
12 624
-
Employer
75 051
-
23 000
-
total
-
-
-
-
Corporate
-
23 000
-
-
nationa
-
5 520
-
-
municipal
-
1 109
-
-
total
-
6 629
-
-
Dividends
-
16 371
-
-
withholding
-
4 256
-
-
total
-
4 256
-
-
Income
23 000
23 000
23 000
23 000
Total tax
39 571
10 885
12 624
11 030
After tax
-16 571
12 115
10 376
11 970
Living cost
35 481
35 481
35 481
35 481
Free-cash
-52 052
-23 366
-25 105
-23 511

Estimated living cost  is ₽35481 per week

₽24923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2441
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.
₽7580
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
-₽6421
-₽4485
-₽16704
-₽12160
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
-
-
-
3 039
health
-
-
-
1 841
accident
-
-
-
213
pensions
-
-
-
3 512
other
-
-
-
313
total
-
-
-
8 918
Employee
29 207
-
19 106
-
income
4 007
-
2 621
-
health
3 344
-
2 188
-
pensions
3 289
-
2 151
-
total
10 640
-
6 960
-
Employer
29 207
-
19 106
-
unemployment
716
-
468
-
pensions
4 749
-
3 107
-
accident
488
-
319
-
total
5 953
-
3 894
-
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
16 593
21 137
10 854
8 918
After tax
6 407
1 863
12 146
14 082
Living cost
18 567
18 567
18 567
18 567
Free-cash
-12 160
-16 704
-6 421
-4 485

Estimated living cost  is ₽18567 per week

₽13608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1029
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3543
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
-₽17693
-₽17693
-₽22327
-₽21315
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
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.

-
-
-
211
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 085
trade
-
-
-
-
surtax

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

-
-
-
12
total
-
-
-
6 308
Employee

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

44 315
-
23 000
-
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.

3 644
-
211
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 085
-
6 085
-
surtax

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

201
-
12
-
total
9 930
-
6 308
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
23 000
-
-
chamber of commerce
-
169
-
-
income
-
3 450
-
-
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
-
-
trade
-
3 301
-
-
total
-
7 109
-
-
Dividends
-
15 891
-
-
withholding
-
3 634
-
-
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.

-
199
-
-
total
-
3 833
-
-
Income
23 000
23 000
23 000
23 000
Total tax
9 930
10 942
6 308
6 308
After tax
13 070
12 058
16 692
16 692
Living cost
34 385
34 385
34 385
34 385
Free-cash
-21 315
-22 327
-17 693
-17 693

Estimated living cost  is ₽34385 per week

₽23720
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6467
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
-₽5331
-₽1783
-₽130
-₽9294
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
microenterprise
-
-
-
3 450
income
-
-
-
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

-
-
-
2 804
surtax
-
-
-
-
total
-
-
-
6 254
Employee
26 025
-
18 535
-
income
4 633
-
3 299
-
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.

2 863
-
2 038
-
surtax
-
-
-
-
total
7 496
-
5 337
-
Employer
26 025
-
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.

6 269
-
4 465
-
surtax
-
-
-
-
total
6 269
-
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%.

-
4 601
-
-
total
-
4 601
-
-
Dividends

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

-
18 399
-
-
total
-
-
-
-
Income
23 000
23 000
23 000
23 000
Total tax
13 765
4 601
9 802
6 254
After tax
9 235
18 399
13 198
16 746
Living cost
18 529
18 529
18 529
18 529
Free-cash
-9 294
-130
-5 331
-1 783

Estimated living cost  is ₽18529 per week

₽11821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
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.
₽4523
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
₽616
-₽35
₽2678
₽760
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
-
-
-
3 426
health
-
-
-
3 335
pensions
-
-
-
4 600
total
-
-
-
11 361
Employee
17 780
-
18 776
-
income
3 440
-
3 668
-
health
889
-
939
-
unemployment
178
-
188
-
pensions
1 600
-
1 690
-
total
6 107
-
6 485
-
Employer
17 780
-
18 776
-
unemployment
356
-
376
-
pensions
1 956
-
2 065
-
health
1 689
-
1 784
-
total
4 001
-
4 225
-
Corporate
1 219
23 000
-
-
income
268
5 060
-
-
total
268
5 060
-
-
Dividends
951
17 940
-
-
withholding
190
3 588
-
-
total
190
3 588
-
-
Income
23 000
23 000
23 000
23 000
Total tax
10 566
8 648
10 710
11 361
After tax
12 434
14 352
12 290
11 639
Living cost
11 674
11 674
11 674
11 674
Free-cash
760
2 678
616
-35

Estimated living cost  is ₽11674 per week

₽6937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽946
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽267
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.
₽3523
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
-₽7266
-₽6755
-₽5539
-₽13308
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
-
-
-
3 313
health
-
-
-
1 633
unemployment
-
-
-
203
surtax
-
-
-
-
pensions
-
-
-
4 601
other
-
-
-
-
total
-
-
-
9 750
Employee
29 994
-
19 001
-
other
-
-
-
-
income
5 028
-
3 186
-
health
766
-
485
-
unemployment
2 087
-
1 322
-
surtax
106
-
-
-
pensions
2 001
-
1 268
-
total
9 988
-
6 261
-
Employer
29 994
-
19 001
-
unemployment
952
-
602
-
pensions
3 999
-
2 534
-
other
-
-
-
-
health
1 364
-
864
-
total
6 315
-
4 000
-
Corporate
-
23 000
-
-
income
-
5 980
-
-
total
-
5 980
-
-
Dividends
-
17 020
-
-
withholding
-
2 554
-
-
total
-
2 554
-
-
Income
23 000
23 000
23 000
23 000
Total tax
16 303
8 534
10 261
9 750
After tax
6 697
14 466
12 739
13 250
Living cost
20 005
20 005
20 005
20 005
Free-cash
-13 308
-5 539
-7 266
-6 755

Estimated living cost  is ₽20005 per week

₽12078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5725
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
-₽21680
-₽16984
-₽25521
-₽27981
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
-
-
-
-
chamber of commerce
-
-
-
91